 Great welcome to the last set news to get top stories in crypto and break them down into bite-sized pieces today Just the thumbnail and the title suggest Facebook and their ill forgotten project called DM We'll actually used to be called Libra is now officially dead There's been a sell-off and we're gonna talk about why they did that as opposed to doing some other type of Endeavor and also how they have partnered up with Coinbase and block we talked about this Previously, but there's just a couple of nuances to go over so we'll go over all that But first we're gonna take a look at the market and talk about What's going on as it's starting to dwindle S&P 500 as well as far as NASDAQ also I'll take a look at it on chain and DCA example Why I think that things are just going a little bit crazy So it's just a little bit good advice just to kind of come back the basics Then we'll take a look at the Facebook issue talk about how Solana now just was approved for its first ETP not ETF but pretty close enough and then lastly we'll take a look at taxes from around the world a question that I had asked Which I didn't know that taxes were that bad Globally and then we'll get over the Q&A at the very end. So first before we start just to know For this show these live shows we usually go over the news and what's going on takes about 10 or 15 minutes So if that's all you're interested in that's great if you're watching the replay There will be time stamps below so you can skip ahead to the favorite story that you want So you can save some time But I highly recommend just to watch everything because there's a lot of things going on at this space and then lastly we'll go over The Q&A that may take a lot longer. So that's why there's some elongated time frames But usually news about 10 or 15 minutes. So let's just get into it Shall we and just take a look at what is going on in the market itself? so right now we're taking a hit and I'm not going to go over a ton of this stuff because we all know we all watch our portfolios And Bitcoin sliding down a theorem sliding down Binance everything's sliding down even Tara Oof 20% down after that hack in their ecosystem Polygon 5% and so on so forth. So what's going on? Why is it was something fundamentally changed? No, not really just that the S&P when it opened up S&P 500 took a little bit of a tumble as we come down here But over five days looking not too bad one month and not too great six month a little bit worse But yeah today it's going down and as that goes down so does our market because we are Correlated also we take a look at NAS that's even worse as they as most of those tech stocks take a take a drumming So that's what we have as far as the markets itself now. I just want to do some quick on-chain examples and Just looking at all the news that's going on. We're gonna take a look at this on-chain example I'm gonna tell you like to me. It just makes more sense and I'm gonna give you an example of Dollar-Cost averaging over time. There's a great website called DC a BTC comm I linked in the description. If not, it's just DC a BTC comm now I'm gonna get to this in a second, but on-chain analysis I came across this from into the block and they said hey Just so you know on January 29th. We spotted a significant outflow of Bitcoin from exchanges Why is that so important? Well, it's important because the more that people or institutions or whoever is holding this Bitcoin the more that they pull off the Bitcoin off the exchanges Theoretically the better it is for us because they're pulling off exchanges putting in a cold storage and not going to sell it So when I take a look at this like that's pretty good And if we blow it up now we can see over here where they're talking about this right here I want you to notice something in the upper left-hand corner. It says net flows Net flows that is the difference between the actual inflow of Bitcoin and outflow of Bitcoin So that is a net is it a net positive or a net negative? Are they losing are they gaining in this one on January 29th? Aggregate exchanges negative 63,000 Bitcoin well, that sounds great right because now they're taking it off. However If we come over here and take a look over a crypto quant same type of thing Bitcoin exchange net flow total again net flow is the difference between The inflow that is coming in and the outflow and if we take a look at the 29th There's actually a little more positive as far as there's exchange net flow of total is There's 17,000 actually going in To these exchanges so if you have here for negative exchange net flow if it's if there's more out than in So it's the exact inversion and even if it was You know that they might say well it is what it's we're taking a look at the at the outflow the numbers still don't add up so if you take a look over here at This is Into the block also a crypto quant they may very well have correct numbers But you have to understand there's some there's a different caveats for what things are looking at well They're talking what averages are they talking about means are they talking about the median what are they talking about exactly? So if you look at on-chain analysis, I'm just here to tell you when I look at it There's a lot of different nuances that it can be and it gets a little more confusing So when people say well this looks good that was even me when I look at this and like this looks pretty good In all honesty, it didn't do a whole ton I mean we did a little bit of a positive turnaround for for a crypto But not like an enormous amount. So when I take a look at this, we try to get the right information But for me, it's just like why don't we just Say forget it and just say I don't there's so many things going on There's so many things going on. Why don't we just do a little DCA? So I'm gonna show you an example again DCA BTC I'm gonna put in here. Just a quick. I'm gonna let me blow this up so you can really see it That's not that good 250 I want to put in $250 per month and you can you can play around with this as you see fit repeat purchase every two weeks weekly or daily I just want to go monthly and just let's put 250 and I reason I do this because there was an article out that said that You'd be almost a millionaire if you put in like 500 bucks into Bitcoin at three What I want to do is and I put here accumulation doesn't matter right now if you started a year ago If you put in 250 per month you would have invested 3,250 and The value would have been 3,926. That's not that great. That's be honest. That sucks That's not what we're here for. I'm not here for a whopping. It says 20% here. Okay. Yeah, 20% they're 20 say yeah, so That's pretty good as far as like S&P 500 I mean even last year the S&P 500 did better than that But here's the thing I want to want you to really focus in on Time in the market is More important than timing the market. I want to go back two years if you would have put in 250 per month You would have invested $6,000 and got 20,000. That's 225 percent. I wanted to go back three years If you would invested 9,000 you would have got almost 48,000 back. This is just on Bitcoin 250 per month for a 19% increase I want to go back four years 12,000 invested 74,511 I want to go back five actually yeah, let's go back five. This would be 2017 You would put in 15,000 bucks. You would have had a hundred fifty four thousand nine hundred twelve percent change And this is a good one six years ago if you would have put in 250 per month in just in Bitcoin That's 18,000 best is pretty good. I mean I used to do that in 401ks. I mean every single year It seemed like I wasn't getting four and seventy three thousand dollars. I will tell you that right now So again time in the market is more important than timing So all the things that we're talking about in all the news stories, which are good to know It is good to know Let's be honest and it's great to know entrain analysis what's going on because it keeps us aware of the situation We can become more informed but I'm telling you Well, I'm not telling you anything because on this show it's just investment opinion not investment advice But the numbers don't lie dollar cost average just be safe Stick on to the ones that are the blue chip type of cryptos any be okay And if you don't know my my saying now you can get in a bunch of other stuff dash assault But it gets riskier. So let me know what you think about that in the comment section Let's move on to some news and talk about The failure that is Facebook Not that it's a failure Facebook's doing pretty good actually so Mark Zuckerberg's ambitions for a Facebook crypto are officially over a Crypto bank snap snapped up its DM used to be called Libra and now plans the issue a stable coin So when I talk about it's dead. It's dead almost and this is what's going on. So real quick We'd actually cover this a couple of days ago and I found it interesting that Metta had joined the open patent alliance and that those are people that are in there like Coinbase It was a nonprofit founded by block which is formerly square 30 members micro strategy crack and uniswap chain code labs and okay coin and also coin base all the stuff So they when I saw I'm like, why would Facebook and meta get into that? It's because they sold Their DM or Libra, whatever it is to a bank for almost 200 million dollars here. What's going on DM? Facebook's once ambitious crypto venture officially no longer exists And the reason why I'm bringing this to your attention is because the thing we just talked about as far as investing in DC aang And I said I said in the very beginning. It's it's all about getting into good projects again Not investment opinion on this advice, but I mean our best an advice investment opinion, but it makes sense he had to get in a good good Projects even as good as those projects are and as much firepower and how much clout and Money and resources that Facebook used to have or still has has even more. They still failed So when you're looking at projects to get into especially in crypto Make sure you pick the right one by doing your due diligence and that is the the the big story But I digress here's what's going on with this story. All right The association behind DM said Monday It is selling its assets and intellectual property to crypto bank Silvergate capital who Silvergate capital well apparently it is a bank Silvergate capital Silvergate Bank Hector orders in San Diego, California found in 1988. We'll get into more of that in a second So DM if you don't remember because if you haven't been around for a while Facebook try to do his own cryptocurrency called Libra and then of course The government said we can't even trust you with our data You want us to trust us with our cash? Are you out of your mind and they shut them down quick grab some bench because you're not gonna go anywhere But DM was meant to be just a stablecoin alternative to fiat money Back by a wide mixture of currencies and government debt, but the crypto venture launch when I teen was stalled By regulatory pressures and this is the thing as again as big as Facebook is they still couldn't get past The regulatory issues to really launch this thing and make it successful So when we hear that there's different projects that are fighting with with regulation That's why I'm always saying how important it is to get regulation in so not so that we can get regulated and oppressed Just give us some guidelines so that we can say, okay This is the standard. Whatever you think it is government We're gonna try to meet that and we'll work our way around and do the things that we do because we are innovators That's all we need and of course as good as Facebook is and like I said, they still couldn't regulate that or get past that So first it was abandoned by prominent backers including visa mastercard and PayPal because of seemingly endless scrutiny Obviously, can you trust them with our data? Then David Marcus the Facebook exec overseeing the crypto ventures left the company and this is David Marcus and Similarly guys says hey congrats to my former colleagues as well to Silvergate Bank We gave our whole hearts blood sweat and tears to what I've always called Libra and yeah And one thing to note about this is that? We're always talking about follow developers Because developers are pretty much beginning to be like gold chips out there They are so valuable who has the most amount of engineers Well our developers the Facebook engineers that develop this over the last couple of years are truly world-class engineer This was Silvergate CEO Alan Lane and again, they still couldn't make it. So imagine this all the things that DM Libra Metta Facebook could potentially be and they still couldn't get this off the ground So that's why it's so important. Do you on research so on and so forth. All right, so that we have that and then moving forward my question was this I Was well, who is Silvergate and what do they do? Well, apparently they are big in digital currency and why they're why they're getting this they're working with Coinbase circle Bitstamp trust and Paxos and it's not that they're gonna take DM and just rebrand it It's all about the intellectual property and how they want to use that to create payments on a global scale So we'll see how it works. Also if you go to their website, you'll see this DM. We purchase blockchain Payment network assets from DM group and we're gonna use that to our full potential to provide. What does it say here? Once that close to launching a next-gen global payment system that is faster easier to use and more cost effective Let's see if that works out because when they bought this they paid 200 million dollars for it Let's see how that pay plays. So that's what we have in that story. And I think again I think it's an interesting piece just about how things as as fantastic as they potentially could be can falter under the weight of its own ambitions and The problems that they have as far as management. So let me know what you think about that in the comment section Let's move on to our next piece Solana ETP. Hey fear big Solana fan. Some of you are some of you don't This is a pretty good news. So this just came out Yesterday DeFi tech subsidiary gets not the list Solana and ETP ETP ETF Not the same thing But within the umbrella So a subsidiary of crypto firm DeFi tech has been given the green light by the Bors Frankfurt Zertificat nailed it AG AG to list an exchange traded product or ETP that tracks the price of Solana's native crypto Solana. That's pretty good This began trading Tuesday under German securities identification number blah blah blah a 3g un 9y according to press ETP directly tracks the price of soul by calculating the arithmetic arithmetic mean price from major crypto exchanges and my question is this is this like a Bitcoin futures Which is worthless in my opinion I mean some people will dispute me, but I don't I think futures is just gambling and I doesn't really do much for it because it's not spot. No one's really buying it up That's what is good to me like the more that people actually buy it up and hold it the better It is for the holders. So this is the meat of it So claiming to be fully backed at all times velour said it achieves this by purchasing or selling an equivalent amount of The underlying for every velour ETP that is bought and sold on the Bors or another exchange great So it sounds like they're actually buying it up physical the product provides an S Investor exposure to soul that can be bought directly from their bank or broker and it gives us some numbers and something like that So here's the big question to me Or when I was reading this like why don't they just get into exchange a crypto exchange? It seems so simple You know just do that. That's what I do, but again, that is my American brain working. It's just it's easy just to go to a crypto exchange. Just get it, right? So if you're in Germany other countries, it's not as simple as that There's all those different regulation different problems So and then also you have to understand that there's a lot of people out there that aren't like you and me They have no ambition to get a cold wallet and learn the whole thing with the ledger and not your keys Not your crypto. They just they're just like hey make me some money and They need someone else to actually custody it and hold it because they don't want to deal with being scammed and you see those scams out There and they're all over the place So maybe it's just best that we have these options. No people will say Rob. You don't understand They've got to know everything and they've got to do it this specific way. I'm telling you I don't care I just want people to come in and if we have to get them Trojan horse style by going Hey, just give this ETP products who you understand what it is. Wow, that price really went up Sounds pretty good. Let me learn some more about it Wow, I can actually custody this myself. Wow. I don't need a bank. Wow. I can hold it all the way through. Wow I don't need any kind of of accounts. This is great. I can limit the middleman. That's what I'm talking about So congratulations to Solana holders. Hopefully that'll be a price Appreciation but right now as we can see because we're so Correlated Solana is actually down 5% That's all we got. Let me know what you think about that in the comments section Let's move on to our last pieces before we get in the Q&A and then also I forgot to tell you for the for the questions Hold them until the end. I really like to get in these questions But just hold them because it's hard to to skim all the way through but this one I Asked a question yesterday Yeah, it's February 1st. Yeah for a second today and this is on Twitter and I just and it was it was a weird thing because I I We were talking about taxes and we're talking about India was going to legalize I mean, you know legalized crypto and that they were talking about a 30% on the transfer of crypto Which I don't know exactly what they were talking about because they're The the verbiage isn't is in concrete of what they want to do But I said 30% is pretty high and I asked a question Because I read all the comments and somebody said that that Belgium has a 33% tax on profits from crypto and Francis 30% I was like that seems high is that how much is because again? I'm always thinking in American terms I'm thinking man 22% for a capital long-term gains tax. It seems like ridiculously high and people like no no Rob We got them way way worse over there And it was one of those tweets that it had more comments than likes and I was like I was like, okay So this must be a big thing what there's two things I learned from this was true things first of all people really like to really hate Taxes surprise the second thing is people like to talk about it and complain about it and The third thing is is that not everybody knows what the heck they're talking about also surprise. So Here's some examples This one Kev Kev did know he says capital gains tax on any asset in Switzerland. Let me blow this up Is 0% 0% in Switzerland wealth tax is 0.05% The only thing that's maybe a bit higher is income tax on staking money rewards And then Chris says us is about 40% plus state taxes. That's an accurate I mean if you're talking about long-term versus short-term short-term less than a year, you're gonna be taxed at your level for your income whatever that is if that's you know 24% 2833 42 and of course state tax could be anything from zero and in Texas And then all the way up to California like something stupid like 9 to 11 percent. Yeah, good job Cali right a way to do that UK is 10 or 20 percent capital gains Portugal zero percent I'm like that sounds pretty good Netherlands tax is 1.75 percent The first 50,000 is zero from 50 to 50,000 till 1 million and 1.35 percent Netherlands is looking pretty good and then here's one so again like some people say like Where was it UK is 10 or 20 percent? Look at his rates 10 to 20 percent Dependent on income is not bad having said that they're considering doubling this the 20 to 40 percent and then Here in Denmark we're at least 39 percent Yeah, and then this one best in Germany it's tax-free if held for more than a year and And then but someone said no no in Germany It depends on your total yearly income and then someone says in Ramon and Romania's 10 percent and another person down here says no no zero percent Zanger least as a 27.5 in Austria And all kinds of profits Finland is 33 percent and then someone down here says Finland's at 10 percent And so it just goes all over the board for everywhere Like the one I saw and there's there's different nuances. That's what I was trying to get to that's the whole thing For for taxes and crypto and things like that. Let's be honest It's a pain and not everybody knows the tax laws But it's also be honest and it's a it's a real tough thing to consider and then also if you want to think about it The tax man will always come and they will always find you and we know all that stuff Right and fortunately because of all the different exchanges that you go through I know people will say Rob don't understand because we're just gonna get rid of it And we don't have to pay anything look when you sign up an exchange They asked you for your name and your address They you probably did your ID type of thing not all you but some of you did maybe your social or whatever type of ID that you have so they probably know so in the US I'm just gonna tell you like this do your taxes. That's My opinion you don't have to do them. I would definitely do them because I've already gone through the problem with The tax man so if you're not for sure about your taxes first of all reach out to your tax professional in your country If you're in the United States What I'm doing this thing I've been doing every for two years straight now is using crypto trader tax There is a link in the description looks just like this and I've got a how-to-use-it video Also, you get 20% off if you click on that link Also, if you don't like taxes whatsoever in the US There's this thing called a Roth IRA or a sep IRA or a traditional IRA, whatever Peter teal. That's how we turned 2,000 bucks into five billion dollars Now I did it he put the PayPal shares that weren't worth squat into his Roth IRA And he just let it sit there He didn't contribute anything to his Roth of a nice 99 and what that means is he's gonna get five billion dollars tax-free and The one that I use is I trust capital one You always see in the upper left hand corner for a crypto IRA so again remember that thing We were just talking about with this dollar-cost average thing You can keep adding in Bitcoin, but guess what if it goes to 473,000 minus 18,000 depending on where you're at You're paying between 20% and 43% of those gains. Do you want to do that? It's up to you If you don't especially in America, this is what I use because guess what there is zero gains capital gains on that in your IRA and then also I also use masterworks just because guess what a ton of rich people they Don't care about the economies. They just want super expensive Artwork and I invested in that as well. So there's my wealth preservation. You can use your eye trusts The masterworks and I also have a real estate playlist because also these real estate types of things You can use the depreciating asset against your taxes So all those are a link in the description bing-bang boom. That's it. So yes, so two things first of all That was a lot of shilling Sorry, but it is what it is I don't show a ton on this channel when I do I show a lot and That was four in one shot and we are done with that. So thanks for sticking with me I appreciate it. That is it for the news and the shilling and all that stuff. Now. Let's get into a little Q&A Thanks guys So let me get rid of this banner. We don't need this Great, thanks Patrick. I appreciate it. Sorry. I'm a little bit amped up. I had like two cups of coffee today I did a workout and I'm really Excited about things that are going on today. A lot of things happening. Oh, I just wrapped up the Puerto Rico Update a video and I actually did an interview today with an act 60 lawyer Who I'm gonna recommend and it's just pretty good stuff if you're ever looking to Minimize those taxes and capital gains stuff like that Edward says can you tell about hex coin? I don't know, but I apparently there's like a pulse chain or something going on. That's a Richard Hart things Do you ever swim in the pool every single day? Great question? I Used to and there are other property in Texas It was it was better because like it would snow there sometimes You know, it'd be like super cold and I would take dips in the pool every single day Even when it was snowing and I see nearly that because that's what I think helps the body pain And with this one, it's in Puerto Rico. There is that really doesn't get cold at all So I try to I wake up around five walk the dogs did the run hit the pool and stuff like that Peter Piper it is. That's right What do you think about e commie is e commie if that's not vivi vive whatever else you come He was the one for NFTs that are If that's the one that's what they do NFTs that are like Mainstream type of projects. I think it's a pretty good thing if that's the one not for sure great question Aquama Aquamar Soon as I'll nail it Staking D news or D news to doesn't matter you can stick to either one So we have a stake pool for our Ada or Cardano it's 99.9% uptime using Microsoft Kubernetes and We are also a part of the Sunday swap scoop So try to get in there before the 4th of February and you'll get Ada and Sunday swap token There's a link in the description It goes to Dan teaches crypto, which is that 100% free website. It's always free It's all my best stuff that I put over there to get the basic Person or even intermediate to understand and I did a video about how to stake Cardano on whichever wallet that you want. So, yeah Let's see what else Can explain the title please the title Facebook oh Facebook and meta amidst the feet so M's EMS Bizer Whatever I say that so what happened was I don't say this real quick even though we can watch the replay is that Facebook Had a project called DM or we called Libra and it is dead now and they sold it off to a bank for 200 million dollars So they're going to actually get away from that part and they actually Gone went into the copa alliance, which is a patent alliance which has a crack in and micro strategy and coin base And they're gonna kind of collaborate with them So their cryptocurrency is dead and that's why the title is the way it is all right. Hope that helped out So next question Peter, I don't think I trust is a router. It is it's three types of IRAs. It's a sep It's a traditional or it's a Roth depends on what you want and if you're a high network Individual you can still get into Roth IRA. It's called a backdoor IRA So you just have to set up a time what I did is I didn't understand anything about Roth IRAs when I was getting into this So I just set up a time with those guys and I talked to a real person for 30 minutes This is like two years ago. So the same thing just there's a link in the description Tainment of a thing and they don't even charge monthly fees anymore. So that's that's good But yeah, I have a Roth IRA right now have our two years. All right I don't know who that is Wow There's a hundred ninety percent staking reward for Juno on the Kepler wallet Juno is a coin with the Cosmos ecosystem sounds great. I won't do it sounds I Have to do a lot of research in that This is funny How long until Ada becomes like Bitcoin and by that I mean greater than 51% of the network controlled by three mining pools Yeah, that changes all the time and it's debatable. I Don't get it So this one is a good question I need to answer this I'm already staking with D news Will we just receive the Sun in our wall so we have to do something to get the Sunday I believe you have to do something extra to get the Sunday I don't think it's an airdrop type of thing need to reach out to those guys over at Sunday swap because we weren't a part of the Very first epic. We just got to the second and so here we are right now. Hold on one second. Let me Change this Okay, it's important to have electricity. Okay, and This is a great question not a fake dump a lot of fear creeping up with Biden sending troops to Ukraine And escalating tensions with Russia. So yeah Global fears that's definitely it's a weird thing because like he had talked about sending troops over there last week And then they were in the process of going over there And then I read an article about how the diplomatic channels were remaining open and they were speaking and now of course here We are the thing with traditional markets. You have to understand is they're not like us they They dump like crazy, you know if there's any bad news any bad news that are going on can you imagine how the how big the crypto market would be if I Don't know the Federal Reserve started to say, you know, we're gonna buy crypto to keep it afloat Huge that's just essentially what they do with the stock market. So But now that that rides over there starting to taper off. That's that's the problem. All right And then jelly says rush is already baked in I don't think it is I don't I don't think it is if it if it escalates to a full-on war. I think we're gonna see Uncertainty and that leads to price depreciation and hopefully it doesn't go that route. Hopefully not Nuno says Rob Graham. Do you think that Ada will delivery? I sure hope so However, I don't put all my eggs in one basket and this is just opinion I don't go all in one token Because when I got in in 2017 Bitcoin Ethereum was the thing, right? But then the next thing was XRP and people loved it I loved XRP. I thought it was and it made sense to me because I was like, well, it's not really Super decentralized. They still have the nodes and I don't know who's really on on those But I thought well, you know for a transition from the old world to the new world We can work with banks and we can get down the remittance fees because I was sending money to Family in Mexico. I was like, this is like super crazy. Hi, maybe we can do that XRP as they open things up It'll work out pretty well SEC came in we know what happened people lost a lot of money on that one as well if they sold So I saw a lot of people when I got in in 2017-2018 that were just like decimated They're like I put all my life savings in XRP because it made sense and there was this stupid bear That told me and there was these riddles and it was gonna it was gonna go to the moon. It didn't happen Well, yeah, so I'd never put everything in the one and who knows it may be the big winner may not but I've spread out My cash as best I can. All right one more question And let's get out of here, huh? Yeah, no, this is a good one. Maybe I'll do two. This is a so Peter Peter Piper at booty Brown Why wouldn't anyone under 58 rule their 401k over into itress capital? If it's a Roth IRA and you can withdraw your money tax-free if it's nine and a half well, you have to remember for those rollovers 401k 403b Thrift savings plan if you're in the military those types of things they can all be ruled over But you have to talk to those guys over there and they can they can tell you the The right way me personally I see you know these These crypto plans these crypto IRAs as a pretty good way just to You know take things out over the long haul imagine like I'm about I'm getting up there. I'm almost in 50 and uh, let's say in like 10 years nine and a half years What is the price of bitcoin gonna be price of ethereum the price of cardano the price of solana the price of nir The price of phantom the price of chain link the price of theta who knows where they could be but in 10 years Probably pretty good. So at that point that's a lot of crypto Well, actually phantom and nir. I don't have them in roth IRA because I don't offer that But I think at that point you'll be doing pretty good over the long haul just like we said with saw with the dca example So that's how I see things. I mean if you want to do it in that that short way. It's up to you And let's see Astros got a great question. I'm gonna leave it at this. Do you think this is gonna be the major crash? um, it could be I'll be honest with you. I mean there's always a crash right around the corner and for for every 50 times There's a chicken little out there that says hey the the market's crashing forever those times. There is one time that they're correct let's be honest because Just happened. There was a dot-com bubble that crashed. There was the housing bubble in 2008 that crashed And then uh, you know as time goes on, you know might be due for another crash Is it gonna happen? I have no idea but I can tell you that If you look at it and you position yourself correctly You can make a ton A ton of gains like I always talked about we had a friend in el paso david And all he did was just as the market was going just more crazy more crazy for the housing He was selling and selling as a nine. He bought up a ton of property for like next to nothing So if you just think to yourself, well, where's it going? I don't know if the crash is coming But if you've like what I do I dollar cost average in I take a little bit of profits along the way so that way if there is a crash I'm okay. And I don't just put into crypto crypto and real estate and my amazon business and the sports facility and then the I mean also in masterworks. I I think that's that's one of my better plays masterworks is because it's fractionalized shares of art And again, the super rich don't care They don't care if the market goes down. They're gonna still gonna buy the van go with the basquiat The bank see and all the other art pieces. I had no idea even existed until I got into masterworks So it's all how you see it. There's opportunities everywhere. All right. So look we're going at 35 minutes. It's a little bit too long I apologize But that's what's up. So um, you can always follow me over at news asset. I'm very active on twitter But that's it for today. So look, thanks so much for watching today. I do appreciate it If you like today's video give it a thumbs up I'll consider subscribing a lot of things to talk about are very time sensitive like you just saw Also, I want to put two videos right here that you can watch if you're watching the replay one I'm definitely going to be about how to stake cardano the other one because we had so many questions I'll probably just put the the iTrust Roth IRA video both of those right there and that's it So, uh, thanks so much for watching. I appreciate it and I will see you on the next one. Adios