 Hello everybody, welcome to the Saturday livestream. So just like the thumbnail and title suggests, quite a day yesterday, entertaining times to say the least. So before we really get into it, let me just say that yesterday's video had some little bit of confusion. So I'm gonna address that in today's video then we're gonna go over some indicators and of course what's gonna happen next and see what really unfolds. So let's jump in. So of course, yesterday was pretty bad. It was one of those days where I think someone, I read this somewhere that for many of the altcoins, 2024 games were wiped out in 24 hours. And if we can take a look at just in generalizations, market cap overall is down to 5%, which you think that's not too bad. And some weather the storm better than others. I mean, Bitcoin in 24 hours is down like 1.7%. But I want you to pay attention just how much red there actually is as if you don't know. I'm sure we're all checking our portfolios right, which might not be the greatest idea right now. Stay away from those views. Things change, just like the weather in Puerto Rico. You don't like the rain, just stick around for five minutes, it'll change. And that's the same thing with the crypto market. But if we take a look at seven days, just look at how much red, it's brutal. Outside the top four, I mean, it's bad. Solana, almost 17% over seven days. Lido, well, same thing. XRP, dogecoin, 13% in 24 hours. Cardano, 15% in seven. And look at this, Avalanche, 21%, 26%. Chain like 16%, let's see, which is the worst ones that just got slaughtered? Actually, we should really look at which ones are actually doing pretty good. VeChain, up 6% for the week, congratulations. Let's see if we can find any weaners out here. Nio, wow, Nio, really 25%. Whip it, I guess, Nervous Network, but boy, there's a lot of jazmy. Man, that's a lot of red. I haven't seen this much red in quite some time. But again, in crypto, we just call it a Friday. It's pretty sizable, we'd say. But this is what we sign up for. And if you've been here only a time, you know that this is just par for the course, and that's pretty much how it is. Jasmine is doing good, yeah, that's true. So what does this mean for longs and shorts? Well, a lot of people got liquidated yesterday, almost a billion dollars worth. We had, in 24 hours, the longs were the ones that got slaughtered, which makes sense, because people always give into the narrative. The narrative is always, but there's all these institutions coming, and it's going to be marvelous, and there's mass adoption, and it's happening. And I'm like, it's happening, it's true. I mean, I think that in the long run, we're going to do fantastic. Really, we are. It's just that in the short run, you got to be careful. And this is a great lesson yet again, which we seem to go over this all the time. And like, I know you guys listen, I'm in for the majority, but just people just don't listen. You know, they're like, I want to make a bunch of money now. Okay, so you got 846 million liquidations, and then stuff like this happens. I saw this, and take this with a grain of salt, because you never know what is real and what's not real out there, especially in the world of AI, and the special of manipulation and just posting pics and things like that. But a lot of people reached out to this guy because it was concerning, and it was a crypto nerd. And he said, I just woke up and realized I got liquidated overnight. I was three X long pepe coin. Well, that sounds like a good idea. I lost everything I had. I don't even have a thousand on my bank. I've been in crypto since 2017. I lost everything to feel like doing suicide. And of course, over here, you can take a look at his profit and loss. Come on in. And then from there, you can see that. I mean, he lost 1,148,000, $487 and three cents. Let's be accurate. And it says negative 100%, but in his post later, he said that this was on Binance, and he was only liquidated. I think he said 86%, so he's feeling pretty good, and he got like 100,000 back. So that's great. But one of the things that concerned me was, he talks about, I feel like doing suicide. And let me tell you, on this channel, you post a lot about, it's not a big deal. And if you just follow the rules, it's gonna be okay. And there's a lot of things that are way worse to lose than money. Your health, your friends and family and loved ones, I mean, to lose that, that's unbearable. Losing a million dollars, I've done that, it sucks. But you know what the great thing is? You can always win that back. So just remember that if you do something stupid like this, that just happens. So I mean, these are the things that actually go out. I want everybody to be aware that this is not a game. You have to follow the rules and you have to be staunch and be a little bit of a stoic. You kind of go from there. So having said all that, we did a video yesterday, and I must have not explained myself because for the majority of people, I think the majority of people got it, but I had to understand, and this is an error on my part, I think, that I don't make it explicitly crystal clear what I'm talking about sometimes. And I need to ram at home two or three times because I forget that there's new people out there. So what we did yesterday is we, I said, hey, here's a sell indicator and it looks like it's converging or it's flashing or it's getting close. And what I was talking about, well, first of all, I mentioned, I said, hey, look, if you want to know what I'm selling, there's two videos to watch, they're both in the links in the description. One is for like the more established cryptos, that's when I'm selling 80% why and when. And then one are for the newer cryptos, the half and half method. And both of those are under the crypto critical videos, there's four of those, and those two are right there. They're in the description of all my videos. And when I talked about it, I was talking about the Pi Cycle Top and people said, hey, the Pi is not close at all. It takes months of accelerated parabola to converge the two moving average and how we are now. And then I said, and someone says, I'm glad someone else said it. And then someone said, I'm confused by my look at this Pi Cycle Top isn't even close to flashing. And then some people got it, they're like, yeah. You know, when I was talking about those narratives, narratives and things were getting closer. And what I was saying essentially was like, hey, look, I mean, as these things get closer, you guys start thinking about selling. I'm not saying I'm selling today or whatever else, you know, but I think people, again, maybe it was my fault, I didn't explain it well enough, but some people were actually very happy they were thanking me in Twitter, because they said, hey, you know, thanks for putting out that video because I sold to yesterday, which was not, it wasn't my indent and it just, or is everything crashed? So let me just be explicitly clear. What I was talking about yesterday was the Pi Cycle Top. And let me make this also crystal clear. The Pi Cycle Top was created in 2019. It was not created in 2010. And it's not, and it wasn't created in 2022. It was created in 2019. And retrospectively looking back, when the 111 day moving average crosses over 300 day moving average times two, you tend to look at the tops. And looking backwards, it did that. It crossed over on December 17, 2017. There was a double top in 2013 and it hit the tops. And then over on 2021, it didn't do it at that, April, maybe it did. Let me just hold on. It crossed over, yeah, it's pretty good. On the 11th of April, when the Bitcoin price was 60,000. So what I was saying was this, I reset the zoom, was that I'm saying that, hey, you know, this is one of my indicators and it's getting closer and they're coming together. So at some point, when these start to cross over, that is a huge flag for me to carry out my plan, which is to sell 80% of my crypto. And that was it. And then I got a lot of people saying, hey, this is Rob selling everything and maybe I should sell everything. I'm like, man, I, anyhow. So here we are. I'm trying to tell you that no, it did not cross. Let me say that again. It did not cross over, but when it does, that is a big signal to sell. And that was it. But there's other things I take a look at, right? So if we take a look at the PI cycle top, great. There's a great website you're looking into. Of course, you can use Ben's website, but looking at Bitcoin has a lot of great, high quality stuff and I look in the NUPL. And now we wanna really take a look at that because, you know, hey, did we miss it? Did everything was at the top yesterday? Well, obviously not, right? NUPL, what is this? It's the market value and the realized value. Damn it, nothing there. The realized value takes the price of each Bitcoin when it's last moved. And the market value is Bitcoin multiplied by the numbers of coin circulation, obviously, right? So we can see here that, again, it's a good time to buy in the green zone, really good time to buy or to sell in the red zone and we're not there yet, okay? We're right in the middle. Things are just trucking along just like the PI cycle top. It's moving into that area, but it's not there. And then we also talk about Bitcoin time spent in risk bands. Right now, currently, we're in the 0.6 to 0.7, which is down here. Again, things are heating up. And I talked about in the video when it starts to get the 0.85 area, I start to think about selling. And again, it's not using just one indicator and going, ah, if your ingredient index is at 92, I gotta sell everything. No, you look at everything. And then, of course, you take the narrative and you make the best decision for yourself. And again, this is just what I'm doing. You don't have to do this. And then, of course, we take a look at the MBRBZ score, which, ah, realize value. Hold on, let me say here. Yeah, any PL. The market value versus the realize value. And again, green area, good time to sell. Red area, good time to buy. And right now we're not even close. And then also we take a look at the plow multiple. This is a good one, I like this one. Because we're always talking about, we're getting into the halving right now. The plow multiple is divided by the daily issuance value of bitcoins by the 360 value of day moving average. So as the miners start to sell, you sort of say, hey, I think it's gonna a little overheated. And are we there? No, we're essentially, we're still right in the middle. Right, we're not even in the red zone yet. So it's looking pretty good. And then, of course, the one that people love to look at, which I found this fascinating today, that the theorem gradient index, you know, as much as we just took a big dump yesterday, as of April 13th, well, that's not correct. Because the Bitcoin price is Bitcoin price $70,000. I don't think it is, 67,000. Now, I don't think it's, says the score is 72. Correct me the comment section, but it should be lower than that. I found this very odd that people were this greedy after we dumped them like, no, that's true. But it is, that's the date. That's not the right price. So we take a look at all those things and we add them together. And right now is, for me, wouldn't be the time to dump 80% of my crypto. I'm just being honest with you. So from yesterday's video, obviously didn't cross. Hope you understand that. I mean, for the majority do. I just want to make that crystal clear. But then, I, you know, I heard rumblings like Rob and the narrative is always there. The narrative is, but mass adoption, massive institutions, more countries are using it. We've got Michael Saylor and Michael Schragine. The business is actually using that as, you know, the founding. And I'm like, you know, and I don't want to say you're right. I mean, we are moving in the right direction, but let's take a look at some data pieces. So this is the Bitcoin active addresses. What is being moved around as far as with the different Bitcoin addresses that are out there? What are actually active or just dormant? Which, of course, if you're a hodler, you're not really doing too much. Like I haven't moved my Bitcoin from my ledger and I don't know how long. All the things that I do is I just move my Bitcoin from Coinbase into my, actually now I put it in my tangent ledger. I haven't even touched in a while, but that's me. But you can see right here, we're just kind of chopping sideways. So this isn't really telling us much, right? But I found it interesting as well. We take a look at the Bitcoin addresses holding X amount of Bitcoin by year, right? And we can break this down into less than point, point zero one, or seeming greater than point zero one, greater than point one and greater than one. And we're gonna see that there hasn't been that much difference from 2023 to 2024. It's the same for 13 million. And actually greater than point one in 2023, we're actually now we're reduced. So that's interesting. And now greater than one and we're still at a one million. So we're like, okay, these are addresses holding more than one Bitcoin, we still have one million. Well, let's just scale that up. Let's take a look at who owns more than 10 Bitcoin. You would think like, okay, there's always whales accumulating, you know? And maybe more people become whales because they own it, not really. I mean, it's just chopping sideways. And actually, if we zoom in on this one, we can see that's actually, we've had a slight reduction in balances of more than 10. Now, of course, you can make the argument, well, that's because these whales, they chop up their wallets and they put them into two, three, 10, 100. Yeah, maybe. Most of the people that I know, even if there are whales are lazy, not only they do it that much and I think usually what's going on is they're having other people custody it for themselves and those custody services, they're not chopping it up into massive amount of wallets. Just saying, more problems to do. And how about 100 Bitcoin? So Bitcoin address is greater than 100 Bitcoin. Let's take a look at that. It's still sideways. So we're talking mass adoption and things like that. I mean, I think we're in the right direction, but if we just take a look at the balances and the sentiment and the active addresses, it's pretty much sideways. So we're looking at that. And now what about 10,000 Bitcoin? That's my favorite one. 10,000 Bitcoin, look at this, look at this. 10,000 Bitcoin? Well, I think we hit a peak. Look at that. We hit a peak in 2018. Who'da thunk it? Maybe, yeah, look at that. So we hit a peak in 2018, but of course, as time goes on, the most decentralized asset out there is Bitcoin. So it would be disseminated across multiple institutions, multiple countries, as they seize that from other individuals, other minnows getting it. So those 10,000 Bitcoin wallets are few and far between. Even though we had quite a bit of a drop-off, I will say it is interesting when people talk, let me reset that. I wanna make this crystal clear. It is interesting when we have, this is actually interesting, it is interesting when we have a rally into something huge like the last bull cycle. Look at this, November 18, 2020. I believe the last halving was May 12, 2020. And of course, we chopped sideways for a little bit, went up, everything was looking good. But you can see that these addresses with more than 10,000 Bitcoin, what did they do? They either moved their Bitcoin and chopped them up in a different wallets, perhaps, or maybe they moved those and actually sold them. Could be because they're like, hey, things are a little bit too heated, I'm gonna take some profits. And then right around November, a little more of accumulation. And then actually, no, excuse me, February 15, 2022, what did they start doing? Buying back up again. I gotta tell you, there is a case for smart money. Now where we are, we're just kind of chopping sideways. So if we take a look at these things, we can see that, yes, adoption's here and everything else, things are going great, but if we take a look at the data really, it's a lot of sideways chop, but there are the whales that are accumulating right now. And I wanted to point this out because people are gonna talk about this and they're gonna say, but these whale and that whale, but remember that just because there's certain whales out there, five, 10, 20, 30, 50 different whales out there, they can't absorb everything. They just can't. I mean, they're trying to as much as they possibly can, but just remember that Bitcoin whales in accumulation phase does not mean that they're gonna absorb everything, lock it all up, so the price goes to the moon. It's just that you've got some help in price appreciation. And this actually comes from Kiyong Ju and he is the founder of CryptoQuant, had him on the channel a couple of times, real nice guy, real smart. And he just talks about on his platform, he gets a lot of whale accumulation alerts when 20,000 Bitcoin flow into these certain addresses and this is what's actually happening. And he says, yeah, he goes right now, whales are accumulating and that's great, but again, how much can they actually do? But I did find this part very interesting, which was because people are worried right now about the price action, obviously, right? We want the price to go up, we'll keep going down. I don't think it's going to go down to the 50,000, 40,000, 30,000 that some people are calling. And it's all because of this, miners. Every time that we've seen this kind of price action, everything has run through the miners. If miners aren't profitable, nothing works. I mean, they can do certain things, but this is what they have to do and the price has to be above 80,000 to keep mining profitable. Now, there's another people that have put out varying opinions on the actual price action of this, but this is one of the, we'll just go with this number, but variables are out there. Again, Kenyum Juit talks about it. And it says here, after the May 2020 having the price for miners to continue mining profitably rose above 30,000. That was May 2020, the last having. So 30,000, not too bad to me, but at that point, it wasn't there. The price of Bitcoin also pumped to an all-time high of 69,000. You know, that makes me question something. May of 2020, what do you think the price was? Because if it was, if I had it to be that profitable for them to make it, let's do this. Yeah, about $10,000. May 12th, wasn't even, it was $9,000. So miners were running at a deficit after the happening because they had to have it at 30,000. So imagine that, but what do they do? I mean, they're like, well, we believe in it. We want things to actually work out. And what happened? And I'm not gonna say there's a manipulation or anything going on, but I'm just saying that for them to be profitable now, it has to hit 80,000. What do you think is gonna happen? The average Bitcoin mining cost as of April 6th is roughly $50,000. And after the having on April 20th, average mining costs will rise above 80,000. And for miners to continue operating profitably, the Bitcoin price must trade higher than the price. And that's very true. So I still think we could see some price of prediction, but as far as like in a near term between us, I don't know if you guys feel like you've accumulated plenty. You're like, you know what? I've got way too much Bitcoin in my wallets. I've got way too much Ethereum and Cardano and Solana and altcoins here. I just can't get any more. I just can't. So I'd like the prices to remain elevated and so I can sleep easy. Or maybe you're like me like, you know what? Maybe it does go down. And that might be good for some kind of dollar cost averaging. But it's up to you. Me personally, just remember that every time the market's gonna do something, it does the exact opposite of what you want it to do. And that's why we have these rules. These rules are here for a reason. Number one rule, don't invest more, you can afford to lose, it's all gone. Number two, everything's a scam and it's up to you otherwise. Number three, don't leave anything on exchanges. We know why. Number four, don't use leverage. I saw a great example in the very beginning. And the last rule, which is the most important rule that even I screw this up is take profits along the way. Nobody ever went broke taking profits. And you know, I actually said a couple of weeks ago, don't forget to take profits or I'll dump on you. And everybody laughed. Well, here we are. Anyhow, so there's that piece. Let me know what you think about it in the comment section. But there's one more thing I wanted to bring up, which was when we talk about the mining profitability, I remember there was one of the head of Bitcoin mining operations and he talked about how, you know, even, I mean, they make their money essentially through mining Bitcoin, but one of their biggest fees and revenue generators are ordinals and how that's actually working out. So I think that even though this time really is different because we didn't have ordinals before, we're essentially NFTs for Bitcoin. But there's a new piece to this puzzle and it's called Runes. I don't know if you guys have heard of this. This is very new and there's a great article put out. Very quick, I'm gonna go over this rule because I want, I think this could actually be a catalyst for the Bitcoin miners don't have to be this or to have the price to go to this range, even though it'd be good. And it'd be something actually to take a look at. And this is why I think that Bitcoin dominance could go even higher. Runes on Bitcoin, what the heck is this? So very easy. What's Runes? Runes is a standard token for issuing fungible tokens on Bitcoin. So fungible one for one, $1, you can trade it for another dollar, same thing, right? And then non-fungible are like NFTs, non-fungible tokens, not the same. So fungible, same, non-fungible, not the same. Runes are set to launch in April, 2024, coinciding with the upcoming Bitcoin having. Interesting, why was it created? It ruins is a simple protocol, minimal on chain footprint and responsible UTXO management. First of all, what the heck is UTXO management? I just want to explain this to you because I've heard this before and I've learned it, but it always escapes me. So I want to go over this, make sure everybody knows. So a good example is this. If you got 10 bucks in your pocket, someone goes, hey, pay me five bucks, you can't rip 10 bucks in half and go $5. It doesn't work like that. It's the same thing with Bitcoin, right? So here's the example. This is a great one from River. So let's say Alex, which is the one on the left here, wants to send Julia 5.10 Bitcoin. So how does that work? Well, you got five Bitcoin and 0.2 Bitcoin. So you just can't rip it in half. What you got to do is you got to take the five and the 0.2 and that's the input. So now you got 5.2 Bitcoin and you transferred over here, which is the second step, the wallet creates a new UTXO for Julia in the amount of 5.10. But then you got to put it back and you have a change left over, which is essentially it's just change, right? 0.09. So every time you get change, you get no or more unspent transactions, UTXOs, you unspent transaction outputs. So every time you get change, essentially you just building this up and building this up, building this up. That's why in sometimes in your wallet, when you send Bitcoin, you're like, what the heck? Why is it so expensive? It's because the more UTXO or the more change that you have in your wallet, the higher the fee is going to be. So there's a trick to do it, which I haven't tried this myself, but you can send the Bitcoin back to your wallet. That's what they recommend at River. And of course you can get rid of those UTXOs and go from there. So, but the problem is when you have these UTXOs, it builds everything up and it's kind of a burden on the Bitcoin blockchain. That makes sense. I hope it makes sense. That's essentially what it is. I try to make it simple as possible. So runes is different from the BRC-20, which is ordinals, which is complex and not UTXO based. Later characteristic causes BRC-20 token center to produce excessive junk UTXOs, which bogs down the Bitcoin blockchain, right? Or congestion. Goal of runes is replaced to less efficient ordinals. Awesome. How does it work? Integrate snatch for the Bitcoin, which is UTXOs, helps minimize the creation of junk UTXOs. Makes sense. Token supply of runes is contained in a single UTXO. Awesome. Supply transfer is 120-bit unsigned integers. The maximum is whatever the heck this number is. Each rune has divisibility, which is the number of decimals have maximum is 38. So it makes it very simple. Tries not to make so many UTXOs. Doesn't bog down the system. That's it. So what does it do? What does this do? Runes protocol allow products to issue different types of fungible tokens, such as security tokens, stable coins, governance tokens, whatever you want, on the Bitcoin blockchain. You couldn't do that before. I mean, you could have with L2s and stuff like that. But with this one, they're trying to make Bitcoin more usable. Because let's be honest. I mean, it does a great job of what it does, as far as like a store of value. And maybe a hedge against inflation. I just say it's a four-year store of value. But if you want to build something more on top of it, which is what all the Bitcoin maximalists have been complaining about, this is awesome. You can expand Bitcoin's utility, track more users who will enjoy near instant and low-cost transactions with the protocol's potential lightning compatibility. In other words, runes could help Bitcoin achieve its goal of widespread adoption. Maybe we get to actually buy that cup of coffee with Bitcoin. And the last thing, more transaction fees will be generated as more people interact with runes tokens. So instead of one billionaire moving a ton of Bitcoin across the globe and he pays 25 bucks and no one else wants to use it because it's just store of value, right? Now we could actually build something on top of that and actually pay for things. And that means that the more people we actually have doing that, hundreds of millions, maybe billion plus people, that's more revenue for the miners. Instead of using them to keep securing the Bitcoin network. That's why I think Bitcoin's a big, huge play. And it's not just the Bitcoin itself. Stuff like this is gonna revolutionize everything. So I like this. I'll let you know when everything works out or when there's new information on this. I know we're supposed to have the team from Magic Eden come in as they talk about runestones and things like that. But again, this is a new platform. So I'll try to keep myself updated and everybody else. But I think this is what I think Bitcoin could make it to be what it's supposed to do. Transactions, peer-to-peer transaction, which was in the white paper. Anyhow, so that's it. And then lastly, and we're kind of going kind of long in this one, sorry about this. Excuse me. We talked a lot about Bitcoin, all that stuff. I just wanna say that I think as we move forward into later 2024 and 2025, I think the big narratives, I mean, we know what they are, right? Deepin, AI, Web3, stuff like that, L2s for Bitcoin. But I think it's actually products that actually work and actually do something. And I'm gonna give everybody, I'm gonna give the Solana and the Cardano people a big shout out, because I know they hate each other for some reason. So first of all, I like products that actually have a working product. Helium, excuse me, is of course built on Solana. What it didn't used to be, now it is. And you can use this for your phone service, 20 bucks a month. I think it's unlimited talk and data and texting. 20 bucks a month's pretty good. Damn it, excuse me. So I like this for people who actually have service and coverage and that would be on Solana and actually does something, right? I'm very, very bullish on that. And I'm also bullish on World Mobile Token. And this was from the Web3 cat. And it was Jessica and Nick from the Coin Bureau team and they did an interview with Mickey Watkins from World Mobile. And me and Jess, Jess was interested to Mickey back in 2019. I think I did my first interview with Mickey in 2020. We're an earth note operator, so full disclosure. And they're actually, they have it in Tanzania and Zanzibar and they actually just roll things out in the U.S. and Reno for coverage of people who don't have localized coverage like what a helium could provide. This would be something more of like in the rural areas or places that don't have that last mile for telecommunications, which is what World Mobile does. So I like to see these things actually happen. I think the next evolution for crypto glasses is something that actually does something like deep in but actually has real world use case. And that's it for today. So look, that went a little long. Sorry about that. That's it for this piece. Now you wanna stick around with a little Q and A and I'll answer all your questions to the best of my abilities and we'll go from there. But we gotta take off, go enjoy the weekend. It's a beautiful day here in Puerto Rico but that's it for this piece. All right, let's see what we got. Will says, helium mobile has coverage everywhere. Perhaps. But you need the helium miner, which you have to actually have that within a certain range. People have to actually buy that setup and then to have that mass coverage. So it's not like it's everywhere. I think there's a lot of areas and I think World Mobile has a lot of areas. So everything that's kind of overlocked. I think more people that actually are in cities and are around and not so much rural would be a pretty good one. And then it's all comes on a price too. So yeah. And again, I mean, how does T-Mobile and Verizon and all the different phone carriers start to compete? It's not just about coverage. Then it becomes about price and functionality and the different options that they actually have. So I think let them start battling out over that. See which one's the winner. Yeah. Summarize the whole live please. Sell everything. All right. So let's see. Some things need to be said. That's right. Decentralized VPN. I remember that. I remember Coinbase was ruling some of that out a couple of years ago. I don't know how it worked out. Aristotle says it's amazing. I see very few comments of iron having their internet turned off. People are not wondering why crypto is messed up. You look at the global picture. Yeah, it looks like there could be a war. I think, correct me the comment section, not a very political channel, but I believe Israel inadvertently or inadvertently bombed the Iran consulate. And it looks like war could break out between the two and President Joe Biden's came out and said, don't do it. And now we're in the middle of that. So that's fantastic. So see how that works out. Awesome. Imagine an S-coin or a no Bitcoin was a clues. Right now, some people don't really get into Bitcoin. Bitcoin not dropping on alts. Yeah. Everything is dropping. Well, that's a shame. Let's see how much it is dropping. Let me tell you, it's not that bad. This is what I got at the same price. You know, I've been in this sector so long, it's just, this is the great thing. Like if you're from 2021, 2022, you know, or even right now, you're probably like, this sucks, this is awful, trust me. It gets better every time. You just got to sit around and just wait. That's all it really is. Waiting, patience and being stubborn as hell. About the same stuff. I'm not too overly concerned. I don't see like a Bitcoin to 30K yet. So I think I'd be concerned if it goes to like 15K, yeah. But then the real question becomes, and everybody says the same thing, which is, well, I'm just waiting for this dip to buy in. And then when it dips to like, maybe it'll dip some more. I'll wait and it dips some more. I'm like, well, maybe it'll dip even harder. It's the same thing with the bull run. People like, well, I was going to sell, but I mean, if it did a 2X, it could do a 20X. And it does, and it does a 10X and like, well, I can do a 100X then, they never sell. Just how it is. Ah, let's see. What's up guys, if you're selling. Some people sold yesterday, they're very happy. What the crick is, you know, is to, I really depends on you, you know, what's your goals and what do you want to do? What are you doing with that money? If you're like, well, I had to, I was waiting for the time to sell because I needed that kidney. Congratulations. Time to get your reactive CRP down. Let's see. The rice people says, iron didn't attack Israel's rockets. Okay. Yeah, I think it was the other way around. Israel bombed the consulate. Slack says, Rob, do you think with the strength of Bitcoin in the cycle, Ethan Alts will not break Bitcoin's dominance this time? Depends. I mean, what I took a look at, you know, with Runes and with the L2s, like take a look at core. Core is something that we're gonna do a deep dive on. I'll show you. Let me show you. So core is an EVM compatible layer two solution for Bitcoin. And right now it dropped with the planet 25%. Now it was ranked as high, I think it's 49. Now it's number 74. So take it as you will. But like I said, what's great about this is they're building on top of Bitcoin, the most secure, essentialized network on the entire planet. EVM compatible smart contracts on a Bitcoin power blockchain. I think they're looking to add dexes into Bitcoin. Imagine trading, imagine the meme coin craze that has taken over Ethereum and Solana and BNB chain and Avalanche coming to Bitcoin. You kidding me? Go on saying. And of course, imagine that being done at a fractions of a penny because you're on a layer two solution. Now tell me Bitcoin's dominance won't go up. Pretty good. Thankfully for me, Bitcoin's always been the heaviest part of my portfolio like we know. For you, it might not be. And that's okay. Cause it's not like, oh, well now Bitcoin's dominance is gonna go up, my old coin's gonna go down. No. Remember in these bull runs, when I go parabolic everything does fine. Just depends on which one's gonna do the best. I don't know. But I do think dominance could go up. Hey, Rob, you think there's more downside? Sure, why not? But remember, Hong Kong is set to approve and remember Hong Kong is not China per se. It's two systems, one country, right? So Hong Kong is not mainland China but it's kind of like the proving ground to see what they're actually gonna do. But different companies that are mainland China looks like they can get into this Bitcoin ETF that's going to be approved by April 15th. And we'll see what it does. So as far as downside, when that hits, not too worried, I mean, that would be pretty positive. The big question is what's gonna happen globally with an Aristotle Plato said it very wisely, which was war. Initially in wars markets usually crash. And then people get a footing and then it actually accelerates. Take a look at what happened with Ukraine. The day that Putin stepped in with Ukraine what happened to markets? They don't like that. Volatile goes, it just gets incredibly volatile. Everybody starts selling because they panic and then this smart mind, which really I don't think is that smart, goes, you know what? I think we know what's gonna happen here. And they start to buy up everything and then the first market just turns around. And you can go back and just take a look historically. You can take a look at the Korean War, Vietnam War, even back to World War II. Same thing happens. And war is just an awful solution anyhow. War is stupid. Hey, like Maripuriko, best place of all time. It is. If you guys have not seen this kid, Jesus Martinez, this guy, Jesus Martinez, he did a fantastic replay for a review of the Solana-based games. Oh, that was good. Star Atlas, I didn't know was that sweet. And he is the first Solana gaming ambassador. Highly recommend you check out his show. It's great. Remember the narratives we talked about? Deepin, AI, Layer 2s for Bitcoin, and Web3s, Web3 gaming. And no one knows it better than Jesus. Well, you know, Kagi's pretty good too. And Stash and Johnny Hussle. But Jesus seems to just love doing it. So watch his show. As far as like I'm broke, I know, first of all, I think Jesus has a higher net value just because of his nodes that he's gotten into in the last six months. He's doing just fine. Don't feel sorry for that guy. Ah, one we love one another. It's true. Blue, flow-flesh, happy for this pullback, more hovering time. I have to agree. Discount day, 10 of mergers. Mr. Wright, probably gonna pay off pretty well for Mr. Wright. Paid panda pies here. Meme is here. Wow, meme. Thank God for voice of reason. Ben Cowan woke me up to a Bitcoin heavy portfolio. Not a maxi, but I'm doing fine. Let me tell you, I don't know if you guys, if you wanna see somebody who is breathing a sigh of relief, Ben has taken a ton of guff because of his position on Bitcoin dominance for the longest time. And now he's like, hey, it's at 56%. And when people were calling me out when the altar doing pretty well. And it's true. And it's hard to keep that conviction. It really is. So like Ben's got that conviction. You know who else? Like James over in Best Answers, he has high, high conviction of Solana. And I give it to him. Solana really turned around for $9 now we're at. It went at 200 bucks, but it's down 25% from that point. I think it's at 150 now. And a lot of people, like the good ones, they don't just jump around and be like, this is great, this is great, this is great. This sucks, this sucks. They're just like, this is good, this is good, this is good, this is what I'm gonna do. And they have a plan and they're just unshakable. That's a good word to say. Meme says, Rob, we walk the dogs in tomorrow. The only thing I'm doing after virtually catching, oh yeah, it's going around here on the island. Yeah, so tomorrow, every Sunday, if you're in the Puerto Rico area, we go to Amigos de los Animares and we walk all the shelter dogs. And we get to go out, we go by the beach, they get to run around the sand and the water. It's great, we get them out of the kennels and then we come back. It's just something that we do. So yeah, I'll be there at eight. I'll post it on X if you follow me on Twitter and how you get there and all that stuff. And then afterwards I buy everybody breakfast. Hey, Nausea's here. I was the only thing I'm gonna sell before everything dumped but didn't pull the trigger and everything crashed. Then you know what that means, Nausea. That means that while you didn't sell, so you got two options. Just sit around and don't really care about it, wait till the big bull run or maybe look to some of those products or you're like, you know what, I like that one. I'm gonna buy that one. Cause it's now it's on sale. Some are like 40% on sale. Robert, you a link marine. I own link. I don't know. Trust me. Most everybody in this comment section, if you name a token, I probably own it. Cause I've got a lot of stuff that I need to unload on people. Let's be honest. I hear you. Ah, it's on Solana. Doing great. I mean, I can't say it's doing great. Let's be honest. The congestion is out of control, right? We talked about this yesterday. And they have a plan to fix it, which is essentially take the cartridge out and blow on it and put it back in his kid. Solana is if, is, I always like to talk about Solana and Cardano together. I know a lot of people think that like this is crazy, but I think if they, and even Charles Hoskinson, Charles Hoskinson a long time ago talked about that, you know, they were in discussions with Solana at some point and somebody finds the article. That's great. But he's like, yeah, we're talking to Solana and see how we can work together. That obviously didn't materialize, but I always thought it'd be great to use the part of Solana that is essentially fast and super duper cheap and marry that with, you know, a little bit slower, but super decentralized, well, decentralized and super secure. And kind of like, that's why I gave those two examples like World Mobile Token, essentially on Cardano, but it's now multi-chain and also Helium, which is built on Solana. And that was just a talk about telecommunications. So thoughts on Solana, well, hopefully they can, I mean, it looks like they're gonna fix this congestion issue with all of their validators. So that's great. Do you think Solana will recover? No, probably. Probably. I gotta go watch that movie. What's it good for? Not crypto, it's very true. Ah, Joby says, the congestion is gone. Updates around the corner, five answers in the next six months. Fire Dancer is supposed to supercharge everything. Let's see if it works out. Joby? Ah, Duke Juan. Are you getting involved with the V-chain airdrop? Not, I should get, I still have some V-chain. I should probably dig that up. We'll see. Dominus the 60, can I quit my job and play Flappy Bird? You can. We'll see when that actually gets released. And that's a good one. Let's see, what a mess here. Let me go to the bottom. Ah, looks like Solana's on the mend. Doc's Thrive is here. Cal with a K is here. Crypto Meme says Cardano needs users. Right now it has none. Nah, it's not true. It has some users. I mean, I'm there using little things here and there. Matter of fact, we're gonna have on Josh and Rob from Cornucopia's next week. And they're multi-chain as well. And they started on Cardano. So we're gonna talk to them, see what's going on with their game. That should be good. If you haven't seen that game, like I'm not a big gamer, but like I can see what would appear to be fun with pretty good graphics and a reasonable outcome. Cornucopia's looks good. And we'll go from there. Feels good. This is interesting. Think of Bitcoin as the new base money transfer protocol. Just getting started for worldwide adoption. Sats like packets can take different route to the same place as necessary. We'll see. I just do think like, we're gonna need something like Runes or an L2 to really make it run. And there's a lot of good projects out there. Sammy says, what are you setting your limit orders at? I'm not. So for like limit orders and things like that, I got to have things in the exchanges. I know some people will do like, and you can do whatever you want to. Like I say, don't leave things on exchanges. And some people are like, I got to leave some. Okay. I'm not your dad, you know, you do whatever you want. But I just don't want to do it. I don't want to deal with it. And I just don't want to have another Voyager Celsius BlockFi FTX incident. So I take it all off and store it on these cold storage devices. If I miss an opportunity where like one night, it goes from 70,000 to 80,000. And I didn't like, maybe I wanted to sell it to 80,000. I missed it. I'm okay because I'm all right. Now some people will say, well, I'm gonna put a little bit on there. Let's go ahead. Sounds good. As long as you don't lose everything like some people have. My sweet and arbitrum is down bad. Everybody, yeah, just like everything else. I'm scared. Frankfurt, don't be scared. It's just another day in crypto. It's not, when you hear longer, you know, I don't know how long you've been here, Frankfurt, but even if you are serious or not, but it doesn't really matter. In the grand scheme of things, you just go, well, it's down today. So I have two options. I can, I have three options. I can worry about it or I can do nothing or I can start maybe buying some more positions because then when it goes up because nothing stagnant forever, works out. Pepe coin, hello. All right, that's, I think we're good. Yeah, 30%, it's all right. A look, and I don't wanna show you this, but let me see. I pull up, we all know, and I think for some people who are new to take a look at the normalcy of pullbacks, and just how they are. If I can find, yeah, hold on, images. Ah, here we go, nice. Not that one. Ooh, ooh, this is a good one. I think it was in a straight line. That's what I'm trying to say. Look at this. So just like today, and people are gonna, they're gonna trot this stuff out to you all day long about, ah, don't worry, isn't that? But it is true, you know? I mean, we like the big games, the big games. And not only I'm including 2017, this is just recently. 2017 was even more volatile, but you saw like November 2020, to right before the end of the year, 158%, and then it dropped 30%. And then went up 100%, now in 26%. How much have we, how much have we appreciated since the ETS in January? Pretty well amount. I think we were sitting around 39 and 40,000. Then we went all the way to 73,000. That's a pretty good price appreciation. And now we've had these pullbacks, we're like, I'm scared, shouldn't be, not a big deal. But look at this. I mean, just these, this is, this is a traditional finance investor's nightmare. And this for us is a September. Ah, man, never gets old. But yeah, I'm just gonna be aware that's how it's gonna be. Mike says, if this drop bothers you out of crypto, no, if this drop bothers you, let it, let it soak in, realize that that's how it's gonna be. You know, you feel a little worried, you're like, wow, a little bit worried. But then you just, you know, do a little research and see like, okay, what has happened in the past? Did it come back? Did it go to zero? How long do I gotta wait? And we just took a look at a chart. You don't really have to wait, you know, like 10, 20 years. It's just a normal, normal thing. That's about it. Ah, crypto jets is robbed. What's a good meme to get in now? I've got a great meme for you. First of all, they're all gambling. And some people will say, some people, and they are actually right. They'll say, why do we talk about these projects that do nothing for the crypto space? It's actually a pretty reasonable comment and discussion to really go over, which is this, and there's no reason to really go and gamble in Las Vegas, right? If you think about it, what's the point of going there, right? You go there, house usually always wins. And you make bad decisions and maybe you drink too much and maybe you lose too much and that's pretty much how it is. But why do we do it? Well, we do it because it's fun. It's great, I lived in Vegas for two years. Fantastic place. But meme coins are the same thing. Why do we even give it a breath? Because it's gambling. And as long as we all know it's gambling, then it's okay. But the day that we start to realize that, okay, well, these meme coins that actually they have value and there's gonna have real utility, I can't get with you on board them. So anyhow, talk about the next meme coin on our channel, Dan D. Gen, where I talk about the most degenerate stuff that's out there where either you're gonna lose all your money. There's a 99% chance you lose all your money. There's a 1% chance you can make gains. Actually, it might even be worse than that. But there's no one called catamode. And actually, if you wanna take a look at some of our buys from Dan D. Gen, there's a link in the description that's called 5% D. Gen Place. And if you scroll down, you'll see a spreadsheet. And it looks like this. And it goes over all the different things that we've invested into. The date that we reviewed it, the date that we purchased it, the amount of tokens that we got, the amount that we put in, the X, you know, how much it actually gained or lost, which they all did pretty good, I'll be honest with you. Gensokishi did great, half a million. That was a good one. About $5,000 investment, ooh, Gensokishi. But then it goes over and says, yeah, but what is it worth now? And over as like price today. So you can take a look at that. But yeah, that one that we were talking about, Katomoto, Dan Degen, it's gambling. And it's only gambling because greedy people don't sell. And that's exactly, you know what? It's a great point. It's exactly why I made this sell video right here. Like this one is what, when I talk about like the majority of the established cryptos, the bitcoins, the aetheriums, the Solano de Cardanas, this is what I look for. We wonder about that right now, but this second video I just put out like a week ago where I talk about stress-free profits, the half and half method. And this is what you would use for the degenerate gambling meme coin types of things. It's very simple. I mean, you're not going to, you're not gonna white-knuckle it until it 1,000 X. You're not gonna do that. I mean, you could do whatever you want, but what I do is I just, I sell half, let the other half ride, and then when it doubles, I take another half, let the other half ride, and I keep doing halves and halves and halves and halves until I can't do any more. And then I'm like, well, that was fun, and it goes to zero. That's it. Worked out pretty well. Worked out pretty well for when token, worked out really well for hot dog, Costco hot dog. Yeah, the one I did. Milo, they're all the same. So yeah. Muhammad. Hey, Rob, remember you sent me about ask this transfer from a trust wallet because it got hacked. I remember this, remember suggested to go to ZachXBT. I sent a text on Twitter reply. No, instead of sending a, if you send them a DM, probably doesn't work too well, but if you send a, like a post in X, maybe tag me in there. Maybe I can retweet it and maybe you'll see it. But again, even if we find the wallets that, you know, scammed you, the chance to get it back is still pretty slim. That's what sucks when Costco chicken. Mr. Wright, don't be scared. I'm down 25%. Wow. Of my seven figure portfolio. That hurts. This is not my first video. Trust me, the markets are bound much higher next. Great. You know what? That's where we leave it right there. Excellent point, Mr. Wright. Everybody, like today's video, consider subscribing. Everybody talk about his time sensitive. That's it for today. Go out there and touch grass, enjoy the weekend. Beautiful day here in Puerto Rico. That's it for this one. Thanks so much everybody and I'll see you guys on the next one. Have a great rest.