 Now, if you wanna stick around, we'll do the Q&A session and I'll answer all your questions, the best of my abilities and we'll go from there. All right, so let's jump into that. Do, do, do, do, do, how much is a plasma black market? I don't know. Paddington says I'm not your dad. It's true. Three pieces, high bearish robin. Hey, it is what it is. Wasn't aware of the limits on cash transaction, as legal tender even mean. When will we be able to sell sweat coins? Not for a while, because you gotta understand, for sweat coins, they're not even a crypto yet, not until September, September 12th, I believe. Markey says, hey, Rob, my stepdaughter, got laid off from my trust capital and got paid 10 grand. It was more people in there, it's not sure what's going on, but it's suspicious. It's sus, as the kids say. Yeah, but think of it this way, a lot of different companies are laying off people, Apple, Meta, Coinbase, except for Binance, Binance seems to be going strong. Yeah. No. Let's see. Hello, everybody, hello to all the wrenches today. Cash is always king. I don't really get angry anymore, I'm too old. It's just, you got stuff to do and that's not it. Ah, here we go, thank you. Gravity, these are the ones that were included in the SEC filing for insider trading, AMP, Rally, DDX, XYO, Rary, LCX, Power Ledger, DFX Finance and Chromatica. Yeah, those are the ones that the SEC pretty much just said they're all securities. The Department of Justice and the CFTC came in and said, no, it's not what it is, but damage is already done. Let's see. Very disconcerting, it is. Jacob says, so is our Crypto Ledger is gonna be gone for? Depends. And if you haven't, we did a video. Did a video yesterday. It was with bankruptcy lawyer, 15 years, and we just went over the Celsius first date pleadings or documents and he just laid it down what is bankruptcy for the different chapters, what usually leads to a successful bankruptcy and really what it came down to was consensus. So watch that video from yesterday and it explains a lot, but what it sounds like is that there's a lot of offers for Voyager right now, not the junk FTX offer, but more offers being out there and maybe we'll get our crypto back. I don't think we're gonna get it all back. I think it's gonna be, we're gonna take quite a big haircut and then move from there. Yeah, so that's it. And hopefully it doesn't take forever. Oh man, I just paid 33% to shove my amp junk from Coinbase to a wallet. You do that, crypto.com. Yeah, you can do it. It's just, I think it might take a hit because of the price action, but if you believe in the project, it doesn't really matter. If you're here for three, five, 10 years, maybe not, again, not investment advice. Yeah. So, Quanjir says, I was just watching a Ben Cohen video where he was comparing ADA during the last bear market with this one compared to last bear market. We haven't even entered accumulation phase yet. Yeah, could be true, which is why like, I know a lot of people, I mean, Ben are kind of on the same wavelength about this market. I just don't see how everything's gonna go up and people like, and this is the worst it can get. I just don't see that. And then people will always say, ah, Rob, you got PTSD from 2017, everything's gonna be fine. All right, well. I said the same thing in 2020, 2021. I was like, I don't think this is gonna last forever. People are like, ah, no, no, do you don't understand? Because the institutions are here, they're gonna bail us out and they're never gonna sell because it like, okay, sounds like a plan. Here we are. I remember this beautiful tweet from Elon where it said, Tesla has diamond hands. I was like, oh, that's not gonna age well. Here we are. Remember, institutions, companies, they don't answer to you. They don't answer to diamond hands are us. They answer to their shareholders and that's pretty much it. So just remember that once you think institutions are here to save you, they're not. Let's share a shareholder. Ah, let's see. Yeah, so, oh, makes a good point. PyCycle bottom or PyCycle tops. Where did I put that? If you guys go to, let me show you my screen. So PyCycle tops, I don't know if they have a PyCycle bottom. I have no idea. But PyCycle tops, it retroactively looks at things and it states that it can accurately predict tops. I'm not for sure on that one because I mean, even though it looks like it does here, there's some discrepancies, I believe, but there's a lot of great indicators. And just go to look into Bitcoin. There's this one. There is, what's another great one? Not stock, the flow, okay. You can go a Bitcoin rainbow chart, but not so much. Ah, this is a good one. We talked about this yesterday. Net unrealized profit and loss. And you can see in a capitulation, maybe an accumulation zone might be down here. Hope and fear, optimizing, I like that one. So what it'll allow you to do is not to hit the tops because no one hits the tops perfectly, but to get close to it. And then what else was it? Realized price. Yeah, you can see like right now, it's a pretty decent time to accumulate. Again, that's just for Bitcoin, not a bunch of vaults. Bitcoin could go down to 14, 13K. Who knows? I don't know. That's why I dollar-cost average. And then when things get a little bit hot like this, I start to say, well, do I really want to dollar-cost average right now? I'll still do it, but I'll pull it down. I'll reduce the amount that I dollar-cost average in. I'll reduce the amount of days that I dollar-cost average and I'll just go from there. Right now, I'm very cautious. I just don't feel like this is it. Just from these different factors that we talked about today. I could be wrong, I hope I'm wrong. But if I'm wrong and we go up, well, that's fine too. Got some good positions. But if we go down, well, I can just deploy more on the way down. Why is Luna Classic is up? It's because the miners know which way the winds are blowing. And they're like, well, I guess the merger is going to happen. So we got to, we're going to mine somewhere. Luna Classic is open. And then of course people will pump it up and talk about how great it is and da, da, da. I don't know. I don't really know it. You should watch Mike the Investor. He's big on Luna Classic. So I don't know enough to say either way. So this one, do you like the PyCyclonic here or the Stochastic RSI, the Relative Strength Index when looking for the end of the bear market? If you first, I'm not a TA guy, like go to some, there's a ton of other people that are like 10 times better than me. But I mean, when you take a look at the Stochastic, I call it Stochastic Fantastic Relative Strength Index. You can kind of see that you can kind of hit these things, but there's been some times when you take a look at that RSI and it goes for an extended period of time, especially if you go all the way back to 2017 and you say, oh, this is oversold or this is overbought, this is overbought and it went up like another 25, 30%. So I don't really know about all of them. You can, what I like to do is aggregate as much as possible, especially moving forward because I'm trying to formulate a plan for my next bull run exit strategy. And I hope to be out of crypto 80 to 90% because if you're like me and you believe in the four year cycles and they've been right 12 years straight, that's what I'm gonna kind of base some things on. I'm gonna use a lot of indicators and go from there. But again, just because something worked before it means it's gonna work again. When 17K, I don't know, check and write. Let's see. Brandon says, I think short term, you're probably right. We have such a big pump when you do this correction, true, but launch around and see how it can go further down in the bottom, too much support. It's support until it's not, but I hope you're right. I don't like, I don't wanna be right. I wanna be wrong and everybody can have a magnificent bull run and be happier. Yeah, no, you're right. Jag says, if anything negative comes out from my trust, I really think crypto will take another big dip or the government will come in real hard. It's a great opinion and you're right. The thing is is that it's not the crypto that failed us. It's the centralized institutions that failed us. It was the people that failed us. That's who failed us. So it wasn't the CEO of Bitcoin. It just wasn't, it was, I mean, crypto exactly what it was supposed to do, which is why I'm really a lot more bullish on DeFi protocols like an Aave, like a compound because did those fail? Those didn't fail, those worked out pretty damn well. So moving forward, I'll probably get more of that. Hi Pa, maybe a double bottom at 17 and a half and sideways free, can you imagine how great that would be? 17,500 and they're just chop sideways for a full year all that time to accumulate. Cause I don't think Bitcoin's going to zero. It's too much. You know what? I got a friend, I got a friend in Puerto Rico and he always says that he says, you know, Bitcoin Maxis, they're like a cult. I was like, yes. And he goes, why you say it so affirmatively? I'm like, do you know how great cults are? Not that the cults are great, but like a lot of things are cults. And that's what keeps things going. Have you ever been to like, have you ever done a CrossFit? That's kind of cultish if you look at it. You're taking a look at Apple, people stand outside those stupid stores and wait for the, wait for the phones forever. That's like a cult, but that's what makes things work. They just go forward. They just actually improve even though like it's crazy. Like I go to my, my chiropractor genes and I'm like, I'm playing them on my back. He's like, you don't do CrossFit, do you? He's like, yeah. He goes, or I said, no. He says, oh, that's great because like I got tons of clients from CrossFit. And it's the best thing for my practice. It just is, but kind of cultish. Get you in shape though. If you want eight pack abs and stuff like that, I could care less. But yeah, like cults, that's why I think they don't think it's going to zero. Jungle Inc is here, everybody. So Jungle cult, falling cares through the tough times, exactly right. People just won't listen. Oh yeah. And I was going to, I was going to mention Peloton, but that Peloton is kind of falling off a little bit. Just look at their stock price. Yeah, who said this? I'm not talking about that cult, levels of matter. That's crazy cults. I'm talking about financial cults. They do, but those guys, those guys and gals are in shape though. But I think there's some, some enhancements going on. Because if you, that's what I think. I'll just say enhancements. Ah, that's a good question. Jesse, Rob, if you had to place your entire allocated cash stack into crypto, either right now or later in the hopes of lower prices, which would you choose? You know, there was a great comment. It was about how much you are willing to invest. And of course, what your risk tolerance is. So like for me, I don't really want to be that super risky. I don't really get into like the risky, risky plays. I mean, I gamble. That's called my Dan D. Jen channel. You'll check that out if you want to go gambling. That's like three to five percent of my portfolio. I don't really care about that. Like for me personally, like if I just want to grow my wealth just between us, just between the thousand plus people here, I will take that cash and sit on it for about 12 months, maybe 18, and then watch all the housing prices crumble and then buy those houses up. That's probably what it is. Or maybe even a duplex, multi-family. I mean, apartment complex, that'd be great again because like that's a safer bet. And I know people will say, well, if you buy the house, do we sell it? No, no, no. If you understand, even 2008, 2009, the people that got the richest during that time is when the entire market crashed and they were able to, they were sitting on cash, why I still say cash is king. They said, look, I want to buy this house that was worth 250,000 is now worth 110. I'm going to buy that house. I'm not going to resell it because the people that lost their house, guess what? They got to go somewhere. They got to rent something. I have a rental for you. I will help you out. I will work with you. That's what I would do. Now the next part would be, would you put your stack into crypto right now or later in the hopes of lower prices? Like, that's like going all in or a value cost averaging. I don't like to do that that much. So what I would do is wait because I'm not smart enough to know exactly where the market's going. I know like some people will say, well, TAs and fundamental analysis and sentiment analysis and it's all great stuff. I used to not like any of them, but they do have their place. I'm just not smart enough to know them all and be a hundred percent sure. So I just kind of take something like today and go to something off, something wrong. I don't know exactly what it is, but I'm not going to keep dollar cost averaging every single day at this high amount. I'm going to just cut it back a little bit and just wait to see what exactly happens and go from there. So no, I wouldn't put everything in. I would wait till later. And even if later comes about, I'm still not going to put everything in. I don't think it's a, that's not my, that's not how I do things. What, Brock Pierce at Bitcoin is going to see 3,000 to 5,000 again? I'd like to see that. Let's see. Hi, Robert, your thoughts on Solana. I think Solana is a pretty good buy because it's going down, but it could go down even farther. So I'm not buying it right now. That's what's up. Yeah, it's the people that come and greet and start ban the rules. What if we get a triple top? I don't know. Good point. Board Ape says a cult perhaps. But again, they're just a, they're just a tight knit community. That's what I'd say. Where are we? And then Ruanandie says it right. Always good to have some dry powder. It's great. It's great because all's got to do is wait. Like the hardest thing, what's harder for you? Is it harder just to dollar, just buy every day and then buy the dips? Is that hard? Is it harder to sell? Or is it harder just to sit and wait and do nothing? Don't buy, don't sell, just sit and wait. For me, it's just waiting, but it has to be done. Are you standing? I am standing. I stand all the time. This is a standing desk. Actually, it's a work bench I got from Home Depot. Works out great. There's a link. CryptoInfoBangla. Hey, Rob, what do you think about Dot and Neerling? I don't know, but I like Neer. I like that project. It's just so far it's unproven. Sweatcoin is going to be launched on Neer. And that is a massive, it's an app that has over 100 million downloads and millions of users. It's got over 11 million crypto wallets in the last two months. So let's see if they can handle those transactions. If Neer can do that, that's a huge shame, but they got to be tested. So crushed. Great question. Michael Payne says, next fed main, dovish or hawkish? I will say it like this. It really just comes down to a Jerome Powell and in the entire organization, if they say, well, we're going to be data dependent and really stick to that and say, well, we'll see what the data comes out. And then we'll decide from there, which I think is the right way to do things. Just get the data that comes in, go, okay, here's the unemployment rates. Here's the inflation rates. Here's the, whatever. And then just go from there and make the decisions. Great, so I can't tell you. It just is concerning a little bit like we talked about right here where this inflation rate was going down. We're doing pretty good. And now we go right back up. So I don't know, that takes time. That's the hardest part, just takes time. See it as a damper. If you think 6% is crushing, you must be new, first time. Enzo says, well, everything going on in the economy, we might definitely go down. I don't know. Like it's just a weird thing. This is the weirdest time. Unemployment rate is so low. Usually in a recession recession, you would see these numbers inverted. You would see some rising unemployment rates. But again, we take a look at how they calculate that. But it's, I don't know. We'll see. Shoe is here. Let's see. Yeah. There's a balance between buying the dips and building up dry powder. Everyone knows what I mean. I think that's it, guys. Jonathan, Amp's gonna be delisting on August 15th on Buyan's US. Expect other crypto agencies exchanges to follow. So that's it, everybody. So look, it's Monday. It's kind of a slowish day. There's a lot of stuff going on, though. We'll see how the week comes out. I don't expect this to really turn around anytime soon, but hey, I've been wrong before. Not surprising. So anyhow, that's it for today. So look, everybody, thanks for stopping by on a Monday. I appreciate you. I do. I just hit the like button on the way out. That always seems to help for some reason. And that's it. So thanks so much for stopping by. I appreciate it, guys. I'll see you guys in the next one, which will be tomorrow. Adios.