 Hello everyone, welcome to the live stream. So we got a lot of things to go over so let's just jump right into it So first of all what a day, right? Pretty fun times. It looks like we just hit her all-time high 69k and of course what happened after that a little bit of a drop and I've been on I've been on X all day Just furiously posting away at different things because it's entertaining and one of the things I talked about I said hey, what the heck happened? Why are we going down up only and of course this was a joke but people took it very seriously as if I'm like Losing my mind, but I said on the next one. I said hey, don't worry. My life is over We had a good run everyone back the merit car back to the bear market. That's sarcasm. So Yeah, I think we all knew this was gonna happen, right? I mean anybody who's been around for quite some time You watching the video right now, you know, that's of course when we hit an all-time high people are gonna have their cell orders in there They're gonna take their profits. They've been waiting for quite some time and of course the The narrative that everybody is going to wait To sell at this magical top level Whether that be left the right translated Sides by Bob Lucas or if it's going to go to a million or 10 million like some people are predicting People will still take profits. It is normal. It is natural and that is going to keep happening again and again Also before we go on let me let me say this because I can kind of know this is what's gonna happen Moving forward. So on this title. I said something about how bitcoin is dumping inevitably this is me somebody in the comments later not you guys but comments later going bro This isn't a dump. This is just a pullback. This is healthy. Don't you know what you're talking about? Yes Yes, I do but To me it was quite a move and I thought dump was appropriate But it is a funny thing though in the crypto and actually in all financial markets, especially on youtube Is that when people talk about how ah the price is set to explode? There's this new thing and it's going to go massive all-time high enormous Blow off top and in in their titles and no one says a thing I say something negative all of a sudden. It's the worst thing of all time Dump pullback whatever here. We are so if we take a look at it Yeah dump I mean look I think we're going to Go very high this year in 2024 I think that's you know, we could hit some big numbers. I don't do price predictions There's a ton of channels for that But uh, I mean look at this. Wow. Hey just the time I was talking it went to 60,000 man That must be like a jinx for the markets But seriously folks seriously if we kind of zoom in holy crap It's like we're just Falling off a cliff That's a bummer Let me refresh this so yeah, it looks like we're 61,000 going into 60,000 territory and just keeping going down And of course we were at 69k today. So we did an all-time high people are selling I got to tell you I bet people who are just new to crypto Especially for the etf are losing their minds right now Because they are probably calling their investment advisor going what the heck bro Well, I mean they might use that that terminology You told me this is going to be a big play and it's done pretty well over the last two months But what is this this dump coming in? I got to get rid of this stuff So I sure hope that they keep selling I sure do because that's just it when you don't know what you have And you're just getting into it because number go up This type of stuff happens and that's fine with me. I'm actually quite happy because if you're like me you feel like you never really got enough And uh, it's something that I really need to work on quite honestly, but when I see these numbers I'm actually quite happy, but there's some good news Well, there's really not if you're going long and short. Uh, it looks like uh, roughly a billion dollars has been uh liquidated the last 24 hours. I shouldn't laugh but uh it's I mean a moment of silence for The the longs and the shorts I don't know why you would short. I don't know why you would really long I mean if you thought well, you know, this is going to keep going up Did you not figure that people are going to take profits? I mean look It's up to you what you want to do not a financial advisor, but if you heard him because of that Lessons learned right no big deal What's a couple of billion dollars among friends, but This was the thing i'm getting to which was this I talk a lot about taking profits is rule number five right number one It's all gone don't invest more than you can afford to lose number two Everything's a scam and tell people otherwise number three don't is it don't leave anything out of exchange Just take it off use a cold storage device like a tangent or if you got a you know go second class get a ledger Uh and then don't use leverage and take profits along the way basics right basics So when I talk about taking profits, I've taken profits along the way I should have taken profits yesterday and I did not And I did not because there's a couple of reasons I have a plan set in place But do you know who out traded me today? my wife Last night She's like look look at my portfolio. It's looking pretty good here I'm uh in the six-figure range of feeling pretty good. I'm gonna take 20 off the table. I'm like oh you noob All right, you know if you don't want to do it if you don't want to take a look at pie cycle top an mvrvz score and pull multiple Not financial advice And she took profits 20 right at the top like nothing Went to sleep no problems woke up today. I was like what the heck just happened So again, it comes out of this if you have a plan stick to your plan You won't feel so bad. I feel like we'll we'll rebound of course the dollar the dca amounts Keep ticking off on my my coinbase account, but I give it out to my wife today who out traded me Good for her But here's the whole thing We take a look. This is ben's website. I like to steal as much information as I possibly can from him And he's got a lot of what I like to use which would be risk levels And today it was climbing up there at 69 k We're at I think 0.72 and you can see right here the risk level for bitcoin now is dropped precipitously 0.68 and it's probably lower than because it's not 63 thousand dollars right now And when I noticed about this I we did a video a couple weeks ago We talked about The risk levels and I said I'm going to start to think about taking profits about the 0.85 level Now I've already taken profits a little bit along the way now. I'm kind of maximizing the gains Will it hit it? Yeah, it's anybody's guess But the reason why I like this if we take a look at the historic risk levels just today, let me refresh this and see if I can do this See if it comes back quickly Not too bad. Actually, let me zoom in Yeah, the same thing, but we can see the risk levels themselves Again 0.71 Dropped off 0.68. It's probably about 0.65. So for me, this isn't a time when I really want to start taking profits what I like about these These risk levels and of course on the site you can use them for a plethora of different cryptos bitcoin e theta b and b x or p whole Gambit, but I want to show you if I hide all these and I take the highest risk levels 0.9 to 1 and 0.8 to 0.9 What do you notice? It's all pretty much the tops now Is this going to am I going to hit the tops and sell the tops probably not But it is one of the indicators I'm looking at and I didn't see it so I didn't sell it Also, I'm taking a look at the pie cycle top and it's done pretty good in 2013 2017 and a reasonable job in 2021 and where are we right now with the pie cycle top again? 350 day moving average times two When it crosses over or the 11 11 day moving average crosses under we can see that we're not close So for me, I'm like, maybe this isn't the right time And then also I know people don't like this one, but I find it fascinating because I like colors And I'm simple the bitcoin rainbow price indicator And of course if we're looking at it, we're actually in the still cheap or accumulate section and what this is is actually It's just it's just a sentiment overlay Of the logarithmic regression and we talked about this a couple of weeks ago. Actually now I think this was on saturday, excuse me And we can see that taking a look at these bands And not that this is going to happen but if we take a look at the lower bands to the The bubble territory lower bound bubble an upper bound bubble if we extrapolate and go out to the 2024 to the end Let's just go to let's just go to November let's just play it safe 7th of November This is for the bitcoin price The non bubble upper is 105,000 which should be down here Which if you don't know we're actually almost hitting that So if we hit 105,000, I'm like it's not bad. I can kind of see that Maybe I take something along the way. If the high cycle top actually fits it. I doubt it will Or maybe if the risk factors come in, maybe I'll do it at that point But for this right now, I don't really see it, but I could be wrong and another thing that's keeps me bullish If we're taking a look at people who absolutely have to take some money off the table, it's not bitcoin holders I'll take that right now Because this is from in the block Holders making money of the current price 99% are in the money one percent are out at I think probably 0.1% are actually out of the money. I guarantee I guarantee somebody bought 69k I darn near did I think I bought at 67k because my dca Uh buy orders go off without a hitch on coinbase So I probably bought around 67k. So I'm probably a little bit under but again I'm dollar cost averaging and of course take a look at that and then holders composition by time held 70% for a year or more One to 12 months 24% and then the 7% that people like to sell So we take a look at that. I still think that's uh, we got some ways to go Nothing goes in the straight line every single market every single bull run I've ever been in in 2017 It was the same thing. We had massive pullbacks in 2021. We had big pullbacks from the double top April we thought 63k was the actual top Then I went down to 45k and rocketed it back up to 69k again Nothing goes in a straight line. That's just how it is And uh, if you're here right now you've been with me forever. So, you know, I'm just preaching to the choir And last thing I'll say is this If we just went in doubt zoom out, I think that's the best way to say it I mean, that's what people say makes sense, right? But If we're taking a look at this see I can blow this up Think of everything as as I call it bitcoin is a four-year store of value For this Oops, oh my god, it's a little better. Up up up up up One more. Okay, and with this let me get myself out of here There we go. No, it's still awful Yeah, that's better What I want to do is everybody talks about the the all-time highs the all-time highs in the years This is the year all-time high in the year. This was a little as in 2013 and then goes back and forth What I wanted to show you is the yearly low date And if you I got us from Preston Pish smart guy Says if you just have this mentality of bitcoin as a four-year store of value or four-year I mean we talked about four-year cycles because you really haven't lost you'll never lose and You can Theoretically but taking a look at this 2011 the yearly low was 30 cents 2012 the yearly low was on February and one thing I will Try your attention to all the lows Happen either November at the beginning of the year or the end of the year everything's either november or december or january Or february that's it. Well, there's a march here in 2020 But that's because of the coronavirus But it always happens at the end or beginning of the year 2013 january 1st of 13 bucks 2014 The low for 2014 300 bucks 314 dollars 2015 198 2016 372 1774 and if you take a look at this and just sit yourself man 2024 the low was 39,000. I mean that's so far. It was january 22nd Maybe there is something to four years Maybe there is something to take a look at this as a four-year store of value Maybe be a little patient and go from there anyhow Let me just think about that in the comment section And then before we get into q&a last thing I'd like to say is this I know it's Some people are with me and some people aren't but I'm telling you you at some point You're going to have to pay attention to alts And I don't know if you've been buying alts. I've been buying alts now for since 2022 quite honestly And Just how we took a look at the the risk levels As far as like the trend line as far as the crypto market cap as far as the valuation If it's valued undervalued Overvalued, did you know that for the entire crypto market? Whoops, let me reset the zoom We have just crossed over the fair value mark And then when I took a look at this because people were telling I there was a comment that I it was a it was a goofy comment about how That the altcoin market's already blown up and that's pretty much it. I was like, I don't really think that's true There's a great website. I linked in the description coin go live.com And you can take a look At the all-time highs Of all the different cryptos from like one to a thousand What I want you to notice here on the right hand side is everything in red And everything in red is how far away we are right now From the all-time high bitcoin obviously and what I want you to pay attention to is all the alts Look how big they are some of these have already run up like eith 23 away bnb 40 solana 50 and then we get then it gets a little bit more Nuanced but vast xrp is 80 away a to 75 percent 75 percent for doge 53 What's some other big ones dot is 80 down from its all-time high link 60 Uniswap 70 bitcoin cash. All right 88 78 percent for litecoin 95 percent for file coin really really If you believe in deep pin file coin and our weave is a great play From what I can see so far near is down 79 percent crypto.com 83 percent I mean the list goes on some of these are actually, you know catching up at bay Woo arbitram, but that was just released not too long ago Uh celestia, that's a new one down 20 percent Render ai play, but yeah bonk. That's a that's the only down 60 percent But again, I don't think the alt coins have run near enough And once we start to see everything flow into bitcoin and then other people get back in They were to see some major fireworks on the alt coin side, but hey that could be wrong That's it for today. So look Like today's video give it a thumbs up consider subscribing. Let me talk about is time sensitive Now if you want to do a little q&a, let's answer some questions that go from there. Let's jump in Oh righty Kenny says just bought near that was fast. Oh, but that wasn't because of me. This was not a fancy advice I like near Um, I had a ilion. He's the founder. This was three or four weeks ago A lot of things he said made a lot of sense to me and if you look at as far as like daily active wallets And we can take a look at DAP radar. Let's just do that right now They're usually number one And the reason is because of kai ching sweat coin and another I forgot the name of the the game that's uh They've got hot game. That's what it's called. I guess check this out This is dap radar.com And you'll notice that This is 24 hours. Let's let's zoom out a little. Let's take 30 days. Shall we? Yeah, same thing. So kai ching near Unique active wallets 24.5 million. Jeez Louise It's like a online shopping type of thing big in southeast asia asap arrows Sweat economy is on near. What's this one moto decks is on near as well. That's a game hot game near Look at those numbers for the wallets 1.86 million 3.7 million moto decks 6.7. But of course it's it's uh It's shared jupiter solana Uniswap v3 has got everything pancake swap. So yeah, I'm out like near and it works and I was I told the guys from from sweat coin. I go, you know, if near can pull off your tge Because they were the ones that went from web 2 to web 3. There are millions of customers. I go I'll be a believer. I go, but honestly, I don't think near can do that Be damned if I was wrong again Anyhow, look at caspa. I own caspa. Caspa is fine. Cas is probably gonna do great How low can we go? It's a great question So we can go somewhere between but as far as like bitcoin between five dollars And whatever the price is right now, that's pretty much it I don't know AI samrod, what's your exit trade? It's a great question And uh, this is a plan I have it's not perfect But uh, if you go to The link and descriptions Look something like this Where it says crypto crypto crypto critical videos This one right here. Why and when i'm selling 80 percent of my crypto 2025 watch that video And then watch this one don't make these mistakes It's a funny thing this one has like a hundred thousand views This one has like 30,000 views like people don't care about making mistakes even though this one should be the first one they watch Maybe I should switch them up And the last one is don't fall to the ice game. I'll watch that one. It's like seven minutes But yeah, that's the one it'll tell you Essentially just using a lot of different indicators and just kind of going Putting that all together and making the best choice for myself Huh, Rob, you're supposed to say bitcoin is my exit plan bitcoin is Yeah, I mean bitcoin's one of those Bitcoin's one of those assets that you'll probably always hold You'll probably always hold it. I'll probably always hold it. You'll probably always hold. Let's be honest. Let's not Let's not say we're going to get rid of all of it because we're not We're all going to fall victim To the narrative that this thing's going to go up forever and we're going to hold on to it And you know, again, if we look at the four-year cycles in the four-year store of value We just talked about it's probably a great idea to do that probably Black swan events can happen So for me like, um, you know, I will sell Some of my bitcoin. I will sell most of my alts But at some point these things are actually going to do something I mean, I know people are screaming at this at their screen right now like this my project does this and my project is that Sure, sure, of course it does. Of course it does. It's great. It's awesome but I mean really do something like Take over the entire telecommunications industry like take over the entire artificial intelligence Uh physical infrastructure I mean and do everything for it and then of course, you know be an actual reserve currency It's really going to take over everything But the question is when like I can tell you that it has the potential but no one really knows when and that's the bigger question I'm sorry No, it's not over. No, no, no um I mean it could be I shouldn't have laughed like that. I'm sorry No, I don't think it is I think there could be You know, there's a lot of good reasons why why it shouldn't Even the macro if we take a look at what's happening in the world today I mean even though Even though japan is in a uh technical recession, uh, they're uh, they're nekai. I always say that wrong Their stock market is reaching its all-time highs And of course we have our own problems in the united states. UK's also have I believe it's in Uh recession territory and uh looks like uh as far as the macro events things are doing just good enough unemployment's at a reasonable level We'll see Do you think there are many new crypto investors or old and entered late? I don't Think the majority are here right now. I think A lot of these investors Haven't really gotten into it yet, but they need the narrative They need the narrative of all-time highs. They need a narrative of a six-figure bitcoin. They need a narrative of Oh, I wanted to show you something Should I show you this? They need this narrative I forgot to say this one. This is from uh, uh, jim kramer and uh, he said Wisely enough. I'm just kidding jim kramer said yeah crypto is a bubble AI is not a bubble And I wrote on I said, well, you can just head your bet. Why don't you just get into crypto AI? And then you're gonna both everywhere. I'll be right and actually there was this um This post about fetch AI and we talked about fetched AI yesterday. We're just kind of interesting I didn't know about this yesterday. So don't think I'm some kind of notion domus, but Uh, fetch AI Which is one of the top three or four Uh crypto AI tokens out there. They just got a hundred million dollar infrastructure investment They're going to deploy nvidia h200s h100s and a 100 gpus to create a platform The developers and users can utilize for computational power to add to artificial intelligence So if you are a company and you need the computational power to to run or drive Your AI program or basis or whatever it is Instead of you going out there and saying hey, we want to build a warehouse We want to get all these gpus. We want to pay for the permits. We want to pay for the insurance We want to pay for the people to actually do it and everything else in between because we want to be the leaders in AI You get a boatload of money to actually to actually do that or You can just pay somebody like fetch AI has already set it up for you and then they're going to use those The infrastructure and they're going to pay people and the fetch AI token and then also It could be wrong about this one But they can also use the computational power of your computer and pay you for your computer Not the storage, but the power of the combination power itself. So I thought this was interesting and then also The company will introduce an innovative reward mechanisms for its community for its community from 7th of march, which I think is two days away User staking fetch AI is native coin. FET will earn fetch compute credits as rewards Which they can use to pay for gpu utilization. So I'm like, man That's a good one And it's a good thing you stuck away stuck around with the q&a because I forgot to talk about that in the news part Sorry about that, but I'll probably mention it again at some point interesting Ah battle rap boutiques is uh V shape recovery probably probably right let's see How are we doing? Yeah, it's not bad 62 768 It is it is a v-ish shape So, uh, yep What runs on over I think we're still good Larry says I am not selling any of my bitcoin ever I don't own so much that I can sell it I own miners. Wow. It's pretty good. I can't I've never gotten to that good for you That is what I'm selling 89 percent of maybe something has really changed Excellent plan All right Thoughts on aida dex's mimswap. I don't know if I saw a post from charles huskins And said there was some kind of issue with mimswap and and how they were batching data or something I don't know. I haven't used in a while used it worked. Okay I mean I mean like it's not the cheapest but it did work So coinbase sucks. I need to actually update, uh, what i'm using I need to get a I only use coinbase and then when it went down again yesterday I realized that I really need to, uh, implement kraken and also crypto.com It's not over. It's not over The dipped is a gift DC. Yeah, exactly We've been doing this for two years. I mean This last cycle we've all done this for two years Yeah, they all go down during panics and frenzies. Yes This is just a flush for the leverage holders. I believe that to be true billion dollars wiped out Who just jumped in his pool? Nobody it's a green screen let's see Mike says what's the tax rate for long-term holds depends on where you're at in america It's 20 but then you also have to pay state capital gains California I think is between somewhere between seven and ten new york is also like seven to 11 or something like that So you're paying a lot Please talk about litecoin litecoin. You know who the greatest trader greatest trader was lee founder of litecoin He sold at the absolute top don't know how he did it. How did he do it? That was amazing Who I sold 10,000 worth of bitcoin and 65,000 my first sell of many next set seven and so on I like your plan sounds good Tom says people selling out don't belong in crypto. Maybe maybe people got they got bills to pay, right? We're not all michael sailor Which you know, of course if we could buy nothing but bitcoin and watch our stock price go up of our billion dollar company and then sell that stock It's a pretty good plan But I got you know I got to pay water and electricity and stuff like that Tony's here tried to swap doge for bitcoin yesterday a mistake went to be used to you then couldn't get on coinbase Ah, man. Sorry Hopefully it wasn't too much boy Dogecoin did go up didn't it? I remember doge and avax were going back and forth Now I think doge is up like six billion dollars or something like that. That was a couple days ago Why coinbase didn't crash? I believe it went down for a little bit and had some little issues I'm not surprised But I think it actually Did just fine. I was able to use it today Yeah, I used gemini in the end and then coinbase is back up. Yeah Marty says my portfolio is down Hmm Must have a lot of alts that's why like Like when I was that's why like 70 of my portfolio is bitcoin because it's usually does the best It's it's the best asset out of the the worst time, which is the bear market. It's the best to accumulate But I would you know Put heavy into bitcoin and then put a little lesser into alts and again, I got a lot of alts I got a lot of bags to unload Oh, man coinbase is acting up. I'm not surprised Yeah, kraken makes you hold for seven days of her transferring. That's also true My back is good. I might actually go play a little little beach volleyball this weekend We'll see we'll find out Uh, Puerto Rico Matter of fact The beautiful island that is What are you tracking the most? Yeah much. I'm actually getting more into the AI side of crypto Oh speaking of which So, uh, jerry v. Hall front of the show was at the panama AI convention And he did a massive amount of Interviews and he's going to take all those the hours and hours of information He's going to come on the show on sunday and tell us like Why he's investing in these four particular AI coins. So check that out on sunday But fetch AI is one and hyper cycles the other So maybe you don't have to maybe don't have to turn it on sunday like great. Thanks charlie lee. That's it Do you think we'll go down more? Anybody's guess I sure hope so i'll tell you that it'd be great Because you know when bitcoin goes down then a lot of the alts go down because people get nervous And that's good JP as I finally jumped into a meme coin. I feel conflicted about it. You probably outperform everything else in the market. Congratulations Crypto doesn't make sense all the time. That's how it is. Coinbase is having an issue. It's down Let me see Actually, even if it's down for me, it doesn't matter because it might be up for you. That's what I figured out sometimes Coinbase crashes for some people and it's up for other users not particularly any reason why but it just is Tony says rob 20 is a max long term rate for huge capital gains. Yeah, but remember I think Doesn't it go by state as well? I believe it does Correct me in the comments. Hey, good news. I'm gonna have David kemmer from coin ledger So we'll ask him all the tax questions Tax season is coming up. If you have problems use coin ledger. It's the same thing I use the links in the description and from 30 minutes from the time that I learned how to do it To connect my wallets. It's read only To produce the report that I shipped over to my cpa 30 minutes and done then have to go through all bunch of spreadsheets and give myself a heart attack It was so simple and easy. It's great And I'll be using them again this year. You can't buy the dip with coinbase. Yeah, true Hey rob any chance of a fly bird update? Yeah so we just put in the Uh The paperwork or the documentation to be listed on apple and android for the game itself since we acquired The intellectual property years and years ago and um, we'll see how it goes So the web 2 game will be out first in the web 3 game. Both will be free to play Let me say that Again to make a crystal clear web 2 and web 3 for flappy bird The classic will be free to play however If you like to do other things like own your own skins Explore new worlds and maybe gamble against other people Then you can use a token, but if you don't want to use that it's still free Ah, it sucks coinbase died. No see coinbase is fine. Again, it's everybody across the board Liquidation cascade. Oh man mech C crashed I got we're having connection difficulties all yesterday. Well Look larry think He's got to pick up that phone tell brian like brian. Sorry man We can't have the assault time high go past that we got a lot of people that we want to onboard We can't have that price of bitcoin go up too quick too fast. Shut it down. Just kidding. Don't sue me Uh, whiff is making a comeback. I think there was a new listing for whiff. I want to say it was on binance So congratulations for all you whiff holders. That's great Fdy is here. I love the deals today. I did too man. I did too Go check out fd's channel always good stuff over there It was it was him and crypto blood not too long ago. You guys did. I think it was strategies. Good stuff Um dan I need help for unstaking my eta with a dateless main net Coir there's a link in the description It's for the dnews stake pool Uh, just click on that. You're not going to need the stake pool. Obviously very stake someplace else But there's a video on that page which links to my website Watch that video it's 18 minutes long and I show you how to stake and essentially you do the exact reverse and you unstake Yeah Quite a big pullback, which is great Coinbase has corrupt that I don't know Hmm over inflated waiting for 45k bitcoin. Okay capo calm down I don't know. Maybe it does. I don't know coin lunch. It does rock. I love them. I love them Dorothy mice got a good point if coinbase is down I would assume retail tourists are flooding and trying to buy the dip. I that's a good point I have another theory Here's a theory The theory is at some point the otc desks are in a dry up bitcoin price is going to go up massively And then we're going to have a lot of people, you know if they want to get in for the etf They'll go that route, but I think the problem will be is no one wants to sell We just took a look at that from into the block So if you have a lot of the demand And you don't have anybody with supply What do people do? They're like, okay. Well, I can't get into bitcoin. It's a hundred thousand per bitcoin I can't afford that because no one Everybody neglects to tell people they can you know buy satoshis So they're gonna say what's the next bitcoin or what can I get that's in crypto? This is what happened in 2017 what happened in 2021 is gonna happen in 2024 What can I get into that is cryptocurrency? Oh, what is this a solana? It's only 180 bucks today. I'll buy that Ethereum that's kind of pricey, but maybe I don't know maybe dogecoin is how much? 52 cents I'll get in that with with hat or dog with hat. I can get that AI coins you see where I'm going. I got a lot of bags to sell. So hopefully that theory works out for me Let's see Golden gaming says the coinbase from a manual bank linking. I still have both of my banks connected. So I hope not Intervent says this don't use maxi. They're pulling some j s. I'm serious could be maxi is one of those places where it's kind of like a little sketch but Again, follow the rules if you're gonna buy from there make sure you take it off as fast as you can Shammy says, how'd you get the rights must have cost millions? Wasn't cheap Let's see. Please ask coin ledger about ensuring they won't sell or leak our public addresses Yeah, I mean You can we can ask them. That'd be nice. I think we could also ask ledger to do the same thing Hopefully they don't do it again But yeah, it's the same thing Ah, Danny Garcia At some point the price of bitcoin was 59 000 you could buy it at 49 000. Oh, yeah I saw your post that was pretty crazy. So it was a glitch. I don't know if you guys knew this You could buy it for 10 000. That was less. So It's not like maybe coinbase just isn't shutting things down. Maybe their Internal systems are a little bit janky Because they don't like to lose money and if somebody could buy bitcoin when it went to 59 000 for 49 000 It's a pretty good deal When is your next d gen video? It'll be probably next week and it'll be on minutes Minutes network from the same people that brought you world mobile token We talked about it yesterday a little bit. It's I think it'll do well news flash. I'm an investor and uh Should do great And you should if you get into it you should take profits because if not, I'll dump on you Uh No, not kidding. Hey, it's good job. Nick. Nick's been around for a long time I'm ready with my bag finally on the green for the last week. Man, that's fantastic, right? We we suffer all the way through these these bear markets. This is good times This is good times, but you know what? There's gonna come a point when all these retail that are coming in They're gonna want the same gains that you guys had like well nick Nick's up, you know 500 on his his bags overall or he's up a 10x I want that And they're gonna get in and they're gonna start to look for the the things to give them that and unfortunately They're gonna have to go down that road of risk And most of them are not gonna make it most of them are gonna get taken advantage of And most of them are not gonna take the profits. They're gonna do a round trip It sucks. It sucks when you're just coming in But I think that's the right of passage, right? You have to actually go through this To be profitable and know what the hell you're doing Robby invented flabby vert no, I didn't didn't invent anything You're not wrong though. This was very healthy. Yeah, I think so Is that meme coins? Yes What's your opinion? What's driving this dip? I think a lot of people had a lot of orders set to sell at the all-time high a lot of people because they're like I'm getting I'm gonna take my profits and that's it and they did and a lot of people did and I Shooted I just didn't do it because I have a plan and Just kept happening and then other people saw them take profits and they saw the the price go down like oh They're taking profits and they got they tried to jump on it and of course they might have hit it at 69 Then they see it at 67 and five and they start to sell and you get to 65 k and then 64 k And then the people like maybe like the retail the new noobs that are in here. They're like what the hell is going on Oh, this is the dump I keep hearing about I got to sell too And then some people are just oblivious and didn't know what the hell was going on So I think that's usually what it is and of course leverage place Rob thoughts on render and quant both great Great projects. I don't own quants, but I own render Do pretty well again AI play using computational power of different GPUs and computers across a network where they pay you and render make sense to me Damage thought about products built on base like aerodome. No idea what that is I will just tell you But base of course from coinbase everything that's going to be on there is probably going to do pretty well What's your opinion of eta cardano? They move slow, but they never go down And uh, they're just lagging a little bit in price action. They should pick up though The furrow looks really bad probably so gameplay Was it difficult for the Puerto Rican move and tax-switching thinking of making that move? Um, the tax-switching didn't take too much effort tries me But as far as like the move it did because you go from Texas to Puerto Rico and island life It's very very different So it took me a good three years to really slip into that mindset, but right now it's great I'd rather just stay here But you know, we got to go back to Texas every so often take care of some other businesses So, you know, you have to go I'd rather just stay here Like look at this beautiful green screen I have then of course when I wanted to go to the beach and Play beach tennis or volleyball or hit the waves right there. It's awesome Always the weather is perfect 68 degrees in the morning Run 78 80 at night or in the afternoon and it goes down to like 70 at night. It's great damn Hey, all right Pk I somehow did not get liquidated congratulations What if I want to buy more bitcoin? I can't right now You can't right now on coinbase, but that's why we should have alternatives That's all we should have alternatives we should have kraken set up We should have gemini said I'm this is for us citizens, right? If you're not a us citizen, you should have as many Exchanges that you possibly need your hands on and then also have your cold storage devices ready To take those cryptos off of those exchanges as fast as you possibly can because at some point I don't know what it is. It's gonna it's going to fail in this bull run But something will screw up massively And you have to protect yourself and that's one of the ways you're supposed to do it Hmm Why would aida go to $10? I don't think that's gonna happen this cycle, but I could give you a price prediction So aida will be somewhere between three cents and $20 in 2024 Holy smokes Jupiter is down the decentralized exchange jupiter from solana If everybody can do me a favor and if you're using jupiter, tell me if that's true. That's amazing Micro strategy, you know scotty's right Micro strategy outperformed. I want to say even outperformed bitcoin People can say that's not is that right Strategy stuck Yeah It did So I was like I was saying that I don't understand I would not hold micro strategy because I thought that bitcoin's a better play However For the stock itself Micro strategy On march 8th 2023. It was 232 And At the peak it was 1334 So It's up 375 for the year. So it outdid bitcoin. Congratulations. Crazy Solana therian Two good plays Yanis I literally lost four cam bitcoin. Do you think it's gonna go up again? You and us I am going to assume you are new And I will just tell you one thing You haven't lost until you sell So I'm just gonna tell you this I'm Somewhere between 20% and 99% sure Just kidding. I'm not even sure it's gonna go up. I don't know when it's gonna go up But I think it's going to just look at the factors that are out there Hold on for a little bit. Don't get too crazy. Don't get don't go in too heavy dollar cost average and you're gonna be fine When you get this like when you get this feeling like I lost 4 000 That's mean you probably put in too much too fast So just hold on you've got plenty of time. Look like a young guy. I think things will work out for you Ah Everybody is That coin base is working Wow 32k to 48k bitcoin jets. That's quite bearish Kujo says is coin base the best for dca in terms of fee? When should I consider the pro account? You should do that right now as a matter of fact This was sam my financial friend who was on sunday videos and Well, it's in it's in my channel. I didn't link it But he's the one that said rob you got to stop using the regular channel And stop being so lazy And having dca set up and use the the advanced version. I don't think it's called pro anymore And he said the the rates are low They're extremely low. He can use limit orders and sell orders everything else in between And I said can I do dca and I can set it up automatically because I'm not sure about that because but just the fees alone I was like, okay, I'll do it That was sunday Today's tuesday. I still have not done it ICP at 13 bucks last night 16 30 you know icp was It's one of those gosh. What was it? That's not it internet computer protocol was $700 ICP was a hundred 700 dollars at one point now it's 16 bucks If you want to take a look at I suppose We'll see if we can get back to the all-time high referred says uh keep buying Not a bad strategy What about simple swap? I do like simple swap when I am on My last resort and I have to absolutely ape into some crazy altcoin that I shouldn't I'll use simple swap But there's some fees associated with that. So just be aware the fees are pretty steep Let's see Did the stable coins go down? I hope not But it is another point people keep asking me like rob when you take profits You can put in stable coins or fiat. Why would you put it in fiat when you put in stable coins? Let me tell you why it's because in 2021 going to 2022 we had this This nice project called luna and luna had a stable coin UST Once it depiged A lot of people lost a lot of money billions of dollars because they thought they're like, well, it's a stable coin It should be stable. It's it's in the name. So why wouldn't it be stable? and then it went to zero so sometimes I know people say the dollar is trash cash is trash It's still sticks around for at least a short term I mean long term if you want to see it inflate away I just stick in the bank for 10 years and see how much your purchasing power actually decreases over time But that's a different story There we go That's the kind of attitude I want to see dan. I'll dump on you exactly So next time when you guys are thinking about taking profits Just go should I take this profits because I'm up, you know, I'm up 500% and I don't know if I really should because if it's gonna 5x maybe I could 10x just remember this Rob will dump on you. I'll dump on you hard. I'll dump on everybody in this in this chat Take your profits Yeah, ed. That's right. No pain. No gain Big sellers all the time. I you are right Hey, meme Meme you're gonna crash, you know, you came to that in Puerto Rico You said people weren't signed. I never said people weren't selling People are selling that's the whole reason why we had this this dump I think a lot of people will convince you that people are not gonna sell like they all believe They all like they're gonna convince you that everybody is in under the narrative that bitcoin is going to Is the hardest asset on the planet and they all understand it and they've all done hours of research and they know what they hold That's not true The people that get it that really get it They're right. It is the hardest asset. It's the greatest. I mean Currency we could hope for right as far as human civilization Unfortunately, people don't realize that yet and they still look at it like it's nonsense. So they're still gonna sell it Ah rob. How is rumble going doing? Well, I was streaming on rumble for two times in the last Last two live streams. They've it shut off. So I just stopped streaming I got a call out or I got an email to Customer support they're gonna help me because usually I streamed to x. I streamed a youtube and I want to stream to rumble Yeah, yeah, yeah jmart Where were these prices this past weekend? It's exactly right. Why? Why do we because like right now we're looking at oh Well, it's 62,000 we just went above 61 That's pretty good. Look at that. It's not bad This is on the five minutes as the ta kids say Let's see 430 62 180 Excuse me. I mean we could watch this. I think it's pointless quite honestly Let's see. Let me go down here Wow, we reached 59k in finance That's a good arbitrage move if you can do is Dark army's right. Come on people. We know this works by now. You guys know this works People get in they take profits everybody panics because they're like this is it. This is the great one Then things come back and people are like I knew it the whole time. All right so Yeah, I'm here for a while Paul says, hey, what do you think about polygons? One of the ones that I own It's at a dollar. Now. What do you think? I think I wish I would have bought more beforehand But I think it'll do well again, it's It's really a side chain as I understand it not an l2 But I think it should It should Not be affected or have the advantages of that dancun upgrade from the theorem. So we'll see it goes you right The whole veracity I did not And that's not because it's not a bad a good project. It's just I hold over 80 projects and it's just my bags are just too heavy Not too bad pulled backs are healthy. You got to love that 59 5 on robin hood You know Here's the thing if it's 59 5 on robin hood, what stops you from What stops something from buying on robin hood? And be able to take it off and selling it somewhere else. Can you sell it? Can you get it off robin hood that fast? That'd be a great Was that the call the kim chi discount? Well, that's in asian countries. I know but Like if you can sell it somewhere over 61k not bad Hmm GT says tomorrow one grayscale Resumes selling over 500 million worth of bitcoin. It will go below 59k a good chance to load up on the dips You know, I got to tell you if these ETFs were trading 247 365 I bet we'd see more of a dump because retail Well, it's the market's still open. It's for It's 345 eastern center time So people are still able to get into their ETF and dump if they really wanted to But if this goes down Overnight you're gonna see the opening bell people are gonna dump like crazy, but I don't think it's gonna happen I think what's gonna happen and I could be wrong But it would make sense People like us are gonna swoop in and go. This is a pretty good buying opportunity. They're gonna buy Things will go back up and then people on their ETFs like oh, wasn't too bad Or people could just go crazy and just start selling like like nobody's business. Who knows? Is link a blue chip in your view? It's debatable. It's been around forever. It does great things. It's almost like an L zero now. Not just an oracle as I understand it So I own it. I don't think it's a blue chip though But it does have to be done. We all need oracles for everything we do and For decentralized finance, right? Oh, we do have other ones. I mean pith on Solana for one. That's why I own both That's why I own both Pumped up gaming. Hey rob is still thinking about a timer plan, but I'll be in the sandbox the bull market this year I'm hoping my wife will execute for me. She will usually Rob is that your real hair on top? No gap. It's my real hair But I have a big head. So it looks a little funny. It's just because my head's enormous Do I hold whiff? Whiff dog whiff hat Own some I don't think I own a lot. I think I I bought some and like some late night And then I sold it like a week later I don't believe in it. Do you hold our weave? No, you know why I don't hold our weave Unfortunately, because I can't get my grubby hands on it. Unfortunately. And here's the thing. Let me show you something That that that that echo our weave So if we want to find out like where cryptos are The different projects we go to I go as I go to coin gecko. I click on markets And like I'm in America. So my answer is out of the question Deep coin okay x nope. Tokyo crypto Bing bitkit Leblanc. Nope Let's see none of those Ah crypto.com. I can use that one. Unfortunately, my bank doesn't connect So I have to use crypto so I can do that one Was zero x. Yeah, that's it and no dexes Unless I'm looking at this wrong I don't know why it's not But yeah, our weave is a good play. I think And I've heard from multiple people and over the last year Look at this chart. Yeah And another thing if everybody thinks like the alts have already taken off. It's not true. It's not true Look at this This is uh solana Back during the having having was roughly may 11th And look at this I remember this time because I thought I missed a boat. It's 200 or actually no around here I was like, ah, it's not too bad. I can get some but it went from like Here 110 bucks in march To 246 I'm like, man It's like over double and then of course once we go to here and then it comes up here So like around january of next year essentially This is where we're at At $1900 and I was like This isn't good Hold on That's still not right Because look at this if we're talking about having years The having was may 11th Look at the price there $199 and if we Go forward That's what everything took off and if we actually zoom out The same thing Like I think like this huge cliff looks like something but it's not that big of a deal same thing. Let's take like solana, right? May 11 2020 when this looks like a pretty big pump, right? It went from 55 cents to four bucks This is a better example in august Well, that sucks, but then if we do this Oh, well this stuff doesn't matter This matters so again, I think uh I think also didn't do just fine And we haven't we haven't hit We haven't missed anything yet Is this dump healthy? Ah The uh The temptation to make a childish joke is real. Um, yes. Yes, it is Usually pullbacks are quite healthy Uh Ah foster says you don't own on robin. That's a shame Hmm fees do suck How do you decide your price range for when you're buying into all coins? Hmm First of all, I think the bigger question is why are you buying into all coins? Do you believe in the project? Do you think it's going to do something? Have you take a look at the utility? That's one side, which is like the reasonable Question, right? Then you got to take a look at the real reason. How much hype does this thing have? How much momentum is it and how much speculation is really going on because in my personal opinion There's three things that really drives a project these days As time goes on it'll be different, but It really comes down to hype Speculation and greed and hype can be pushed by a number of factors So if you see it being mentioned a lot, you see the community growing You see a bunch of influencers pushing it You might want to take a real hard look at that and go maybe that's how I should get into Because I there's a ton of different products out there that are just great and you know what i'm talking about And they just don't move because there's no hype around right now So as far as like the price I try to take a look at the fully diluted value The fully diluted valuation because you know once all the token dump, it'll be something to take a look at And then uh, how much it's actually blown up and what's going on in the world or in that little ecosystem Kind of go from there. It's not so much a price like we just took a look at Yeah, you can't take it off wrong Asia will dump also Jupiter dex is working. All right Today we've got a morrow And let me see as we come up on an hour Brandon wind says isn't the having bearish for mara, which would be the uh bitcoin mining platform Could be but really it just comes out of this if you're a bitcoin miner all you have to do is all you really have to do is Last and stick around Through the having because you're going to do the same amount of work the same amount of electricity the same amount of overhead But you're going to have the results But if you can outlive anybody everybody around you or most people then the difficulty drops Which means you don't have to use as much electricity You don't have to use as much computational power and you can still mine bitcoin So all you got to do is survive and I think that's what they all know Yeah Yeah Mom it says you should change the live chat of just subscribers. Nah, that would leave too many people out I'm good That's it for today. All right, everybody. So look Not a big deal This little dump or pull back what you want to call it is not the end of the world We'll see what happens and you can take a look at it as one two things Like the worst thing that's ever going to happen to you in your life Or maybe it's an opportunity or maybe it's just a big nothing Because you're like i've been here for enough to know that What goes up sometimes? Goes down or usually goes down and what goes down sometimes goes up and then crypto Don't like the price. Just stick around. It'll change. That's it for today So thanks so much everybody on your way out if you could just hit the like and subscribe I appreciate it and i'll see you guys on the next one. Have a nice day. Bye