 Welcome to digital asset news. Take a top stories in cryptocurrency and digital assets and break them out of bite-sized pieces. So today I want to talk to you about what I think is the most difficult thing to do in cryptocurrencies and digital assets. And that one thing that is so difficult is to actually sell. Now we've gone through this at length and we've talked about all the great things to dollar cost to average, value cost to average, go all in, all those things. And for me moving forward, I find this to be one of the most difficult things to actually do and I just want to run some things by all of you just to show you what I'm doing right now to make sure that I stick to the plan and I change my perceptions as more data comes in. So we'll get into all that. But first take a look what's going on the market. I like to go over the market just to see what's, you know, as a point of reference because it's always interesting as people come back to these videos, you know, in a week, two weeks, you know, a year, like, wow, Bitcoin was only X. So today Bitcoin is only $58,100 and it's February 21st, high noon, I'll pass up Texas time. So pretty good day. Ethereum is teetering on the 2000 level. It's gone up, it's gone down. And the reason is because round numbers people sell. And once it hits 2000, there's a lot of limit orders and people sell their positions, like myself. And I'll go over that about why I did that. Binance coin is number three, probably because of all the utility it has in pancake swap and it's beaten the pants off of what Ethereum is doing and uniswapping all those different dexes because the rates are just outrageous. Polkadot number four, Cardano's back number five, fantastic. Tetherson six, XRP's in seven. Chainlink is a whopping $34. Watch out. It's pretty good. Bitcoin cash and everything else. So it's just a nice little reference. And I mean, just like, I want to say this, just like a Binance coin and Puobi token, which is up 13% for the week. Then else do we have, like FTX token up 3%. I mean, this is for a week or so. And then like Voyager and all the different exchange tokens, they're up because their utility and the things that they do and the things that they will be doing. So don't sleep on all of those exchange tokens and they're going to be very, very big for 2021 and into the future. But that's not the story for this video. So let's jump into what I'm talking about as far as the most difficult thing. And if you know my story, I started this channel just a little over a year ago. And the reason was because I want to educate people on all my mistakes. And one of the mistakes that I did was I went all in at the wrong time. It's okay to go all in at the right time. That's what it's very difficult to time that Alex Becker went in like on March. He bought a ton of Bitcoin right of 5,000. So congratulations to him. A lot of other people did that. Maybe you did that yourself. Congratulations. But the problem is, is, you know, figuring out, you know, when is the right time to do that? And I just want to make it easy on you, easy on myself, on his dollar cost average or a value cost average. I'm talking about that link. This is not the point of the video. That part's easy. We figured out how to not fomo in and how to go, you know, just crazy and, you know, cash out all our positions and just dump everything in and watch it, you know, watch it go down precipitously. Now the thing is right now is that it just seems so easy, doesn't it? Like, like, ah, I mean, it's crypto just put money in. It's like magic and it'll just, you know, double or triple overnight. Well, that's what's happening now because we're in this fantastic bull run. But what's going to happen as time moves on? Because guess what? What goes up must come down. And that is the truth. If you think everything is going perpetually up, you're crazy. And that's just the truth. This is not financial advice. This is just the things that I see and the things that I'm doing. So take it with a grain of salt. I still think you're crazy. All right. So moving on to what I'm talking about here as far as the agus strategy and I've talked about this at length done videos before and the link in all my description. There's a link to get to these spreadsheets and we'll just take a look at the first one. This is a theory and I've got an 8020 plan. I'm going to sell at 80% of my positions in this bull run and I'm going to hodl 20% because I think that is what is going to happen. Could be wrong. Hope I'm wrong, but this is where we're at. So for 80%, as you notice right here, let me blow this up so you can actually see it. So in the 20% range, you notice that the amount of heat to be sold is 16. Now this is just based on numbers. These are not my specific numbers, but they're just nice round numbers because I'm not good at math. So I thought this would be easier for everybody. So if I had a 100 ethereum and I want to sell 20%, well now we're looking at and this is of course 20% of the 80% that I own. So I'm going to sell 80% or 80, 20% of 80 is 16. So I would make 32,000 and I actually sold a big chunk of ethereum, 20% of my ethereum stash and it was a good day and that's just how it is. Now some people will say, well Rob, wasn't your price prediction at $100,000? Yes, yes it was and the question is why don't you just hold on? What are you stupid? Just wait until it hits $10,000 and cash off or cash out at that time and here's the problem with that philosophy and it looks like this. This is the Bitcoin chart on December 15, 2017 and if you noticed it's at $19,665, something like that. So when you take a look at that you're like, oh that's the highest it went, no big deal. Well it was a big deal a lot of people because remember nice round numbers, people were expecting it to a 20, then 30, then a million if it wasn't a crazy John McAfee and people were swept up into that narrative and you have to understand like back then to me it only made sense and like why would people go from Bitcoin into cash that makes no sense because this is the future. We talk about quantitative easing, QE, we talk about money printing, we talk about style and financial principles, we talked about the ever-decreasing value of the dollar, the purchasing power, I'm like well it's just going to keep going up because only makes sense because that's the future, well not so fast. This is what happened and this is the truth. So if you think that everything's just going to keep going up because it's the future, it's going to keep going up but there's going to be massive dips and valleys and peaks and troughs so you have to prepare yourself over time. If you don't, here's the thing though, if you don't care about, you're like I don't care if it goes up to 100,000 and drops to $2, I just don't care because I know it's going to go up all the way. I'm not talking to you. If you can do that, that's great, good for you, you can do that but I'm talking to the person right now who has put a sizable amount or a thing about putting a sizable amount and going you know what, I'd like to make a pretty good purchase here and have a nice little exit for myself so I can take care of my family, pay off some bills, not have to be working for the man so much, all that good stuff, right? So for those people, if you don't want to be like me and potentially lose a huge amount of the percentages, just keep watching. So this is the part that I can only tell you what I'm doing and when we talk about this, so 80-20 rule of course is in effect, I'm going to sell 80% and go 20%. Now the question then is what are you going to do with all this money because if you talk about money so much and you say it's going to go, you know, it's on fire and the purchasing power like you just said three minutes ago, well that's true, that's why I did a video and it was called my seven tiered exit strategy. Yes, I'm going to cash out but it's not about cashing out and keeping into cash, that's not a great plan. It's about assets, accumulating assets and it's not just about only digital assets, it's about diversifying and you can check that video out, I'll link at the very end but I said, hey, it's going to be 10% cash because cash can, you can buy, look cash is still king, you can still buy a lot of things with cash, you can still buy properties, you can still buy land, you can still buy and do a lot of things. So we're not all cryptocurrency yet, hold your horses but 10% will be in cash and keep it there, 25% will be in stable coins, the reason for that is because of the yield on places like Celsius and Voyager, I talk about them in the video, 15% goes into land, 20% goes right back into investment properties, 10% goes into Amazon FBA business that I have, 15% goes into staking, all the different projects that I have and 5% goes into iTrust Capital. I wish I could put more into iTrust Capital and my Roth IRA because all the gains there, they cannot tax me on that as it goes to the moon and what's even better about iTrust is that they have the things that you stake there as far as because they have Ethereum, now they have Polkadot in the next month or two, they're going to allow you to stake those cryptocurrencies, which means all of the massive gains are all the different rewards that you get from those two projects, they're not taxed either. So this is why I've already maxed out this year, I maxed out last year, I maxed out this year, it's usually 7,000, sometimes it's 6,000 depending on your age, whatever else has a video on that, I'll link at the end, that's what I'm doing. So not to get off topic, but people will always talk to me about, well, Rob, you don't understand because there's all the institutions, they're all coming in, they're just going to keep going up, my trade sideways a little bit, might go down a little bit, but it's going to keep going up forever. Okay, so that may be true and man, I hope it's true, that'd be fantastic, but I was talking to Alex Masculi, did a video last week, we talked about the institutional side, he is the head of institutional services over at Bequant and he goes, look, I know those hedge fund guys, I know the institutions and they're not going to keep forever. Michael Sailor might do that because he has a majority of stake into micro strategy, but as far as having all the institutions and all the entities and all the different places going, you know what, we don't care what our shareholders say, we're just going to keep holding as if it potentially goes down. I don't think that's going to happen. So when I'm talking about that, you have to understand this is the Bitcoin treasuries, and I talked about this before on that video, this is a refresher. Here's all the publicly traded companies, here's the private companies, here's the ETF like, if we scroll over and we just add up all the Bitcoin, you get 1.3 million, that's a ton of Bitcoin, right? So 1.3 million, and you got to take into account that probably 2 million is lost, maybe 4 million, I have no idea, but people aren't taking into account for that. I don't know why, that's just what it is. So if we take a look at that, where's the rest of the Bitcoin? Where is it? Because it's not listed here. There's probably some companies that are not listed, of course, but I believe that the vast majority are a lot of old school whales or old school people that actually accumulated. I believe it's a lot of retail just like me and you, and I believe they have their hands on it. And so if you take that into account, how many of us would hold on to Bitcoin at 250,000 and be like, you know what, I got no bills? My house is totally paid off. All the different secondary houses or my child's college fund will be fine. I'll just keep holding forever. Okay, I don't think that's going to happen. I think people will sell. I think those hedge funds will sell. I think the other institutions will sell, especially if they have to answer to their shareholders when the shareholders go, what the heck just happened? We just lost 30% overnight because it is volatile. Could be wrong. Hope I'm wrong, but that is where we're at. So when we talk about all these things and we're talking about where we're going, the thing about selling is that you hit that button. I just did it today, actually, to sell at Ethereum. It's tough. It's tough, but I just here to remind you of, you know, don't fall victim to what could potentially happen. Nobody ever went broke, taken profit. I love that phrase from CJ. It's perfect. So I don't want this to happen. This is what happened to me. And I always talk about these four year cycles. So we got 2012, there was a halving 713, all time high dip reset in the 2015, right? Next one, halving 16,000, 17, the thing we talked about, the dip and a massive reset, right? And then in 2020, what did the same thing happen? But halving, we're hitting our all-time highs. There's going to be a dip and a reset in 2022 and 2023. I believe that's going to happen. So we have to look at it just like this. We are right down here for 2021. And in all honesty, it's a pretty good time to actually invest. So we're taking a look at this. We're talking about investing. These are the two times when it's great to invest. When this happens in like 2016, that was, you know, at 12 when it was boring and then these sideways actions. Second best time is right now, right where you're at right here. And then that is all great. And Dandy, the thing about selling is that if I sell, then it's, then these are my goals. My goals are different from your goals, right? You could be an 18-year-old person who's like, I don't really care because, I mean, I'm just going to keep holding. Well, great. Guess what? There's another four-year cycle coming right around the bend and that's going to happen in 2024 when there's going to be another halving. So if we have another halving then, what could the price be? Well, I think, personally, we're going to see Bitcoin go to 150K, maybe 200, and it's going to retrace back to around 30,000 to 65,000. That's just an updated one. I think that's where it's going to be. So if that's the case, then just keep, just keep holding on and then maybe you want to, you know, do this cash out right over here as you accumulate for three more years. But the thing is about cashing out is this basic principle. If you have a plan, stick to your plan. As other data comes in, you can modify it as you see fit. Like for me, for the Bitcoin, I'm not going to sell 80% and then 20%, it's going to be like a 50-50 split, but I'm going to sell. I'm going to sell somewhere between September and December. That is my goal. I just have to take a look at what's going on at that time. If I miss it, if I don't sell at the top, guess what? The chances of me selling at the top aren't that great because it's just one of those things. I sold Dogecoin at the top for eight cents. I got lucky. Hey, what are you going to do? I had Doge just laying around like, I got to get rid of this, eight cents, and then it's been down. Am I going to hit the top to every one of my portfolios? Absolutely not. So let's just say, sake of argument, that I make $4 million and then I miss the top and I miss $6 million. Would that hurt? Sure. I miss on a $2 million, but I got $4 million bucks. I mean, not so bad. And then I can do all the things that I want to do when I'm talking about all these things. Where were we? Back here with buying land, buying property, putting my business, staking, all those things. I just don't see the issue there. So when we talk about, again, finally not to be a dead horse, but if we're going to sell, just make sure that you do these little micro-cells so you get used to it, just like you've done micro-buys of dollar cross averaging 25 bucks a day or whatever you do like me because I'm boring. And then just try to make sure that you stick to your plan, whatever that plan is. Again, not investment advice. These are just the things that I'm doing, but I will tell you this. It's difficult to hit that button, but if I keep doing it and I do it every so often, it's not so hard when those bigger transactions come up. When I need to sell that one Bitcoin for $200,000 or $150,000, I can do it. And if I don't practice now, then I'll never be able to do it later on. And I'll be in the same position I was in 2017 when I held all the way up here and could not get my hands off of crypto fast enough. And I wrote it all the way down sideways. And here we are again. So again, just what I'm doing. Anyhow, that's it for today's video. I want to say if you made all the way in, hey, thanks. If you liked it, go ahead, thumbs up. We appreciate that. Also consider subscribing. A lot of things we do are time sensitive. I'm going to do another video today about the news. I just had to put this thing out. And if you like these types of videos, I'm going to link two more up. We had two that I wanted to talk about. One was the one with Alex Massioli where we talked about institutions. The second one I was going to link up there was about the seven tier exit strategy. So you can check those out. All right. So that's it. Thanks so much for watching. Appreciate it. See you on the next one.