 Alright, what's up internet? We should be live feed up. Alright, what's up internet? Thanks for joining me for another episode of Crypto Watch. This fine night before another holiday. Oh, connection not so good. Let's see. So, it's been a while since I streamed from my place. The connection is saying red. How's it with you guys over there? Hi. What's up Skyrath from YouTube? Abel from Facebook? What's up Joshua from YouTube? Okay, so the connection is not so good. Hopefully it's not so buffery with you guys. Although, there haven't been any drops. Okay, it's that there are some dropped frames, so not so good. As you know, if ever you watch Top Aldous, I wish we could have a camera of Aldous so he could show us his rig right now. I'm super curious to see what it looks like now in its finished state. But thanks for joining us. My connection is not so good. I'm seeing a lot of dropped frames and things like that. Quite pixelated. I think the services are compensating. Di ganon kaganda yung internet connection ko. To be fair, it's also because another member of our household is having online meetings at the same time as me right now. So, dalawa kami na nagbububug sa internet connection namin. So, that might explain the poor internet quality. But I hope you guys can at least hear me. At least it hasn't been cutting out. Before when I used to stream from the house, it would be like very stutter stutter. Like it would cut out and then it would come back on and things like that. But, well, as long as the sound is going through okay, I guess we can continue with the stream. I just got to roll with the punch especially when you stream in our country. I am using a new headset now. I couldn't take it anymore. Usually kasi sa mga streams, na arbor ko lang yung headset, yung wireless headset yung kapadid ko. He uses the Corsair Void Wireless. And I did have a bunch of nice headsets like the ASUS ROG GO. But I had to give it back because it was only for review. But we did have the MH670 Cooler Master in the shop. So, when I was last there, I was like, to heck with it, I'm just going to steal this from the shop. So far, it's been quite good actually. The sound quality is good. And so far, I haven't missed any of the old headsets. I mean, I'm thinking of doing a review of this thing because I did open it up from the shop. Hiro Alvarez, what's up? Tyron, where is Anton? Anton is at home. So, this is actually my home office. Actually, because I wanted to show it to you guys also, I was going to show it to you first. I don't know how well. So, I want to set up a home where we're going to shoot at home because I like the new place a lot. We've just moved to a new place on China Roses from Gijo. But it's a second floor unit and there are no windows. So, there's no natural light. So, I miss Gijo for that na parang... Mas magadeng backdrop dun sa Gijo. So, I'm trying to set up my own place to shoot here at the house. Basically, the camera will be around here. So, it's hard to... The camera I'm currently using is kind of low definition and it's kind of blurry on the internet. I understand it's pixelated. But we do have some... But basically, this is up to here is what you would see and then down here as well. So, I've tried to make it interesting with some old phones and the salt lamp to give some light and plants also for variety will put something here. And so, this is just like a lot of geekery. So, you've got Star Wars, the LEGO TIE Interceptor, one of their very earliest Ultimate Collector Edition models, the TIE Interceptor. You have the Galactica from BSG from the Re-Vamp BSG. Not Re-Vamp, the Re-Imagine BSG from around 2005 or so. You do have a Timber Wolf from BattleTech and you have BB-8 from Star Wars and you have some adult stuff just because. So, I just wanted... The way I'm intending to shoot, it'll be kind of dark but then I'll be here in the foreground and then of course the light because I did have a studio light here. The studio light will be here and there'll be some separation between me, the host and the background. Hopefully, the background will be interesting and to make up for the current space, usually I used to shoot in the shop in Gijo but I wasn't finding it as interesting the background in the new place so I decided to try to come up with something here in the back on my own at my place. So, later tonight, holiday na madbukas, I will do my first two videos with the backdrop in the back and let's see how it goes. So, is that an aeron behind you? It is. This is a Herman Miller aeron more expensive than some computers but I'm not bragging because this isn't mine. This is my wife's because my wife makes more money than me by a lot and she can afford an aeron chair. On the other hand, I am sitting on a hand-me-down desktop chair also for my wife. You can see the pay disparity right there. She has a nice Herman Miller aeron chair. There's the aeron chair. Quite comfy actually. It's not like my wife has banned me from using this but usually when I'm at my computer I just use this thing, the second hand chair which I got from her as well. But yes, it is an aeron chair but it's not my chair and if you do follow our channel you know that my brother Rafael has his own aeron chair and he will be reviewing that sometime. Wait lang guys, I'll go through all of the chat and stuff but I do need to stay the ad so stick around after the break. Search for the software you need add to cart dahan ka sa payment option nila. Wala pang 5 minutes finished. Maligit, working CDK ka na para sa windows mo. Gamitan lang awing code para makakuhapan ng discounts. Kaya kung nagahalap ka ng legit, mura at original software. Check out CDK of First Dot. Alright, back from the ad break and just to go through some of the chat Anastacio from YouTube, sirvlog ko sana ulit about the type of PC customers. That is actually one of the most favorite videos on our channel types of PC users especially type 3 at IMP na ka toxic na just going online and strolling all of the builds he sees because lahat hindi up to his standards, lahat pangit, lahat may malinggi nawa and I really did have fun working on that. Although I can't if I can do another one kasi naubos na acting ability ko sa video na yun. If you guys have seen it, it's like me acting out all the roles and I'm a terrible actor so naubos na lahat ng acting skills ko doon but that was a really fun video to make. Thank you so much. I meant to Lego and a lot of sci-fi stuff so it's in the back. Hopefully you'll be seeing that more in the upcoming videos. Hopefully magandang yung labas na parang backdrop, background niyan. Eman from YouTube, good evening. Oh ya, you moved down. If you've seen our other videos, I was streaming from my brother's place before but we moved back to my place here and it is extremely messy compared to some of the other streaming backgrounds that you might have seen but I'm actually quite digging so when I moved back I've been trying to make a conscious effort to make a YouTube corner and things like that so we did get the Amaran light so we have a proper studio light now on my face so it's not so it's hard to... I mean when I look at the output it's looking pretty good to be honest but I understand it's quite pixelated now and the internet connection is not so good so it might not look so good but actually it's like the way there's the dog in the background so actually this backdrop looks quite good compared to some of the washed out things like if you look at previous streams that I did from my home office this is not looking quite not too shabby. Crimson, we will be talking about the crypto crash Minor GPU, look at the RGB in the back that is not complete actually and I'm gonna move out of the way so you can see the... so there's a salt lamp there that's orange and that's a grow light actually that's why it's shedding so much light and RGB is just on the time interceptor over there but these five squares, six squares will be the ones seen on camera when I use it as a backdrop so I'm still missing three RGB kind of like lights or whatever so work in progress, work in progress but so far not too bad alright so Niko, sana mag-review din ang forza I understand Rocket the Programmer is an avid player of that game I have not played it myself just Rafael who does the game review videos we might get him hooked on we might get him hooked on that so he can review it so we'll just go to the news basically and somebody was asking earlier in the chat kung bagsak na ang crypto it is true, bagsak na si crypto and from a high of around $67,000 per bitcoin usually I just use bitcoin as a marker for all of the other the prices for all of the other currencies usually because the way bitcoin goes is how the market goes kung akit si bitcoin madalas akit na lahat and vice versa of course there are always exceptions and even now in this kind of very down market there are exceptions but generally bitcoin is the bellwether it's the marker for everything else interestingly enough last episode when I did this episode 5 last November 19 when it was on the way up $62,000 or so then it hit it's all time high and things were actually looking quite well early on in November and it suddenly bagsak na it's around $57.1 now that's not the lowest I understand, I was looking at it I think it hit $55 a couple of days ago let me switch to the again I use coin codex to track stuff and this is Brave Browser in other videos and streams so bitcoin was at $59 November 26 and it dropped to $54 sorry November 27 two days ago but yeah it was looking quite good historically because people based on past performance bitcoin rises in the last quarter of the year a lot of people were banking on that but why is it down and we'll get to the that basically flows into the news that we have for the news part of our show just go back to my phase and well it's a bunch of things not really anything to do with bitcoin per said or it's mostly factors outside of bitcoin number one is China around June or so when was the last time China really made waves around June I think or something China was like really serious now we're going to crack down on crypto and in fairness when the Chinese say that they're serious they really are serious so all of the mining companies in China everybody involved the exchanges and things like that they had to get out of China real quick so it plunged so episode one when we started doing crypto watch in June bitcoin was at $33.9 and episode two in July we were at $33.2 so it really went down when the Chinese said that they were banning crypto they've always China has always been like we're gonna ban crypto then a couple of months later they're like okay you can come back again but now they seem serious and the latest bit was that they actually jailed someone recently a senior Chinese official in the province I forget which province was arrested because he basically defied the ban it was like I don't think they're serious he decided to test his luck but they are serious and really China has been on a roll they've slapped down their tech companies they've slapped down their crypto companies their gaming companies are also down I mean they've also been heavily regulated so much so that I was reading a news article where China imposed a measure where miners can't play on weekends sorry on weekdays I think they can only play on weekends and I think for a maximum of only 3 hours or something like that so China very heavily restricted gaming time of miners and they take it very seriously kasi yung maiipit yung gaming companies like Tencent if the gaming companies don't follow the law and don't police their platforms they can face fines or even worse so very recently there was a Chinese game I forget the name of the game but from what I read is basically like a league of legends type of thing so it's a MOBA basically and somebody got a pentakill which apparently it's very rare or no one has done that in that game and when they traced it it was like a 60 year old guy at like 2am so people were speculating the Chinese public was speculating na hindi talaga yung 60 year old but it was a minor playing after hours and that accusation or even just that rumor was so serious that the game company had to investigate and they had to say na no no it's legit like it was really like an insomniac 60 year old guy na nakapenta kill just to show how serious the gaming companies take it kasi yari talaga sila if they if they don't follow the law and enforce the law so there's been a whole cascade of new regulations in different industries showing that you know we're still top dog and you gotta follow us and one of the more recent things in relation to crypto was that an official in the province got caught defying the crypto ban I'm not sure to be honest I can't recall if he was mining or if he was trading or running some kind of illicit crypto exchange or something but he got caught he got jailed so it was just further emphasis emphasis of how serious China is and and you know this was sort of early on and that cost the price to drop the US hasn't helped also because they recently passed legislature regarding an infrastructure bill and there was a rider in that bill or a rider is something in the law that isn't really related to the law but it becomes law because anything in that bill that's passed regardless kung may may sense ba or may relevance na pasok sa bill and it was passed it becomes law as well there's a rider regarding taxation of crypto and it might lead to taxation of crypto because it requires more disclosures from exchanges so that's a chilling effect you know basically I was talking to my brother actually and it's interesting that you know when you trade stocks even here sa atin because Raphael is more of a stocks guy I'm more of a crypto guy Raphael was telling me that andaming mga fees so the exchange has a fee the stock exchange has a fee and then you have a final tax of course on capital gains of the stock exchange the tax rate is different whether it's traded on the stock exchange or not but there's so many fees involved whereas if it's crypto you'd only have one fee the exchange fee so you exchange to say I want to sell bitcoin exchange again what is my dog doing in the background how did he even get here the door behind me is closed so that's Logan the shop mascot he has appeared also in several videos actually here in this office I reviewed the HTC Vive and you can see him running around as well he's actually quite smart because you'll notice again that glass door is closed but he made it through the front door which you can see there which I keep open for ventilation but Logan is old oh he disappeared I can't see him anymore in the background what a freaky dog so anyway that's a problem it's streaming from home I mean a lot of people yeah it's also a ninja dog right okay he's here pala okay he's lying down he's like he was there one minute one the next second he was gone so I was talking to Rafael my brother and he was telling me when you buy and sell stocks as compared to crypto the only fee you need to worry about is the exchange fee and that's it so I was really surprised and that's another thing another advantage of trading crypto although again the US has passed there was a section of that infrastructure bill that requires more disclosures from exchanges well only for US citizens but you know that's a big part of the market especially now because a lot of the crypto miners have migrated to Texas and Miami I think was trying to make a play for them as well so a lot of the US actually has been a big winner in terms of the China crackdown China crackdown the miners are like my business is profitable I just need to move elsewhere so they've moved to the states they've moved to where power is cheap in some states they've moved to Iceland I think where power is also cheap we have all of that geothermal energy and yes and Hans mentioned the SEC versus Ripple the US SEC has an ongoing investigation against Ripple XRP the company that manages Ripple although it's been kind of interesting because when that first came out that Ripple was being investigated to be honest personally my thought was now okay Ripple's done prices are gonna drop they're not gonna recover but I was wrong as I often am with crypto so for the 50 people watching take anything I say with a grain of salt I really thought that that might lead to a long depression of prices for Ripple but the opposite was true when they were first being investigated I think it was like 80 cents to the dollar so one dollar could get you 80 sorry one Ripple was worth 80 cents paliktad one Ripple was worth 80 cents all of this kaguluhan with other factors not the investigation it hit like 130 so you could sell one Ripple for one dollar 30 and the transfer fees gas fees for ethereum or whatever you want to call it I mean for ethereum they call the transfer fees gas but Ripple I don't know if Ripple uses that term but anyway the transfer fees for Ripple are quite cheap because one of the points of Ripple is to make sending money easier between countries so let's say probably ka sa Saudi ang papadala ka ng pera instead of paying a service like emlulier or something like that you can convert it to Ripple, send it to whoever and the transfer fees are much cheaper that's one of the points of Ripple and they still do that quite well even now the transfer fees for Ripple are very good Dennis from Facebook are you open tomorrow? no we are not sorry it is a holiday so the shop is closed we will still be taking online orders but they will only be sent out the next day Wednesday so we are closed tomorrow yep let me just scroll through the chat a little bit ITX addicts Jerome Diaz bye bye bye I am inclined to bye bye bye but I'll talk about that a little bit and do you think so the background is okay I'm really because I only use a camera to shoot I'm not sure how well it will turn out later when it's more up close and I have the light that's here now on me I do want a greater but in fairness I like what's going on right now with this light a little of my face is in shadow and I have more light here actually this looks quite okay except that the background is very cluttered and you see a lot of stuff that I don't want to be seen on camera like my living room so I do want to get the camera will be closer to me later on when I shoot when I try to start shooting videos here then you should only see like the first 6 cubes there and maybe like the tin tin and stuff like that but I love this light it's hard to tell now I know it's super pixelated sorry guys my internet is not so good but the original source I'm looking at it now and then a bit of light here because I don't know anything about camera and lighting and things like that I am not a camera person I'm more of like a PC kind of guy so I've had very slowly learning all of these things as I tried to make the YouTube channel better and yeah I really like this light now with the big amaran light here with the softbox and then actually I have some E5 lights here as well so they provide nice glow on my face but as I say these things I'm cringing inside I have to consider lighting now and I'm like oh I love how my face looks it's very unnatural for me but this is the kind of light sana that I want to get on the video we'll see about that Joseph what mouse is Anton the superior hardware trigger host use actually I prefer my videos some other good but in some aspects I do actually prefer like my brothers videos or rockin the programmers or Jays I think all of the hosts bring something unique to the job and I actually think my videos are kind of rushed Raphael really puts a lot more planning into the videos than I do to be honest but because to be fair sometimes I put a lot of effort into the videos planning and stuff like that and they don't do well and the videos that I'm like yeah you know F it but I always have an outline in mind I never have a script but I always have an outline and those are the videos but I do well so the lesson I'm drawing from this is don't over think and just shoot the damn video but the other hosts actually do prepare much more than myself the mouse I'm using wireless mouse I always use a wireless mouse and it's very classic Logitech G602 but it's good or it's kind of fitting that you ask because the left mouse button is starting to die on me it's starting to double click or it's starting not to hold the click when you hold the click because you need to drag something and then suddenly na iiwan na drag mo on screen kasi nabitawan na nung click even though you're still clicking it so I will need to replace this guy soon but I always go wireless because I hate the tug of the cord on the mouse it might be psychological because some of them are quite light but I dislike the cord tug you know you're pulling it and you feel it you also have to man handle the cord so I always get wireless this is the Logitech G602 but I am considering buying a new mouse now kasi yun nga parang the clickers going although we did have somebody recommend a local I understand that the switches of mice now can be replaced not from the brand but um you can find somebody online who can do it somebody recommended it to me a while back and I've never had a chance to use them but I might try them out now just to repair my mouse just to see like you know kamusta ba yung quality I think one of our YouTube top fans recommended it if I remember correctly alright so just to get I'm going to get through the chat guys and then I'm gonna then I'll get through the the news cross job help non po po pwede bang gamitin pa-activate ang windows 10 yung oh going bagong product key yung nakasaves regs oh regs edit na backup oh I really I would not recommend messing around with regs edit especially just to activate windows just by a key don't want to be maki around with regs edit um it can mess up a lot of things and basically cost benefit analysis um yes you can get a cd key from our sponsor the links are in the video description you can get cheaper to be honest from other places but generally it's easier to get a cd key than to maki around with the with the regs edit so I wouldn't do that just to save like 300 pesos the cheapest I've seen on las is around 300 pesos for a cd key although I don't know if those are reliable so you might be just throwing 300 pesos away but I like about our sponsor and yes of course I'm biased they do sponsor us but I am biased because I also have experience with them we buy a lot all of the cd keys that we use in the shop are from our sponsor and I also use them for my personal use it's not like there's a problem but their customer service is quick you tell them that the key is not working and replace it right away so I can really say from personal experience that the customer is okay and you should invest hands in rippel because of their practical use yes oh by Japanese banks I'm curious why you're getting remitted from Japan Zorpe what's the best way to buy btc here in the Philippines good question but the easiest way sorry was the best well there's the easy and there's the best the easiest way would be to use one of the local exchanges such as pedax or points pro both of which I use or a bloom bloom is still in beta but I'm also on their exchange you can also use buy local bitcoins which is a p2p service basically it links up the seller and the buyer but it holds the crypto in escrow so that in case medyo koops yung buyer and ayon niya i release yung crypto even though nakabayod ka na the service will do that for you once you can prove that yes you did indeed transfer money you did indeed pay for your purchase of crypto so may safety ka naman dun that is the easiest way but for me the best way and I've talked about this is just to use a foreign exchange I use kraken because the prices of the exchanges here are more expensive compared to how much you can buy it for in foreign exchanges you can use binance or some people pronounce it binance I notice like my generation we call it binance but I notice the kids these days call it binance I call it dota but like short o dota but I notice the kids these days use dota long o but yes you can use binance now actually binance is very user friendly I don't use it I've never I've never I don't have an accounted binance so I don't have any personal experience with it but I know a lot of people who are new use binance and it is available here locally and I think you can even use your credit card to buy crypto from binance so it's very convenient to use it they do accept Filipino users so that might be something you might want to try out as well um sorry uh okay okay let me just na throw off ako noong stop bitoy conco from facebook um itxaddict was recommending most straightforward uh sorry I can't find the exact post but itxaddict was saying something the most straightforward but uh I can't see which service he was referring to I know coins pro or coins you can load from 711 at least before usually because I use gcash now hands your light is good you can probably cover your glass door with a curtain yeah you think I should just know like this whole space kinda big eh medyo up close mas kita yung like the time interceptor and things like that but I'm really liking the light of my face itong parang dark but then the other side is shaded because of the amaran so I think about it moniker I started mining F last month congrats problem is hindi pa mga cash out until now anong wallet ang gamit mo cash out crypto um ah I'm gonna the current wallet I use because the shop does accept bitcoin and the current wallet I use to where the money goes to is electrum I think it also accepts ethereum um but you'd have to check but like I was hesitant to answer this question because I'm gonna admit something online which is kinda stupid to admit but anyway I don't have I don't have a local wallet like in the sense that it's saved on your computer save locally because all of my crypto is saved with my exchange all of my crypto are in my various exchanges so my wallets are tied to the exchange and that's kind of dumb to admit because really the most secure wallet is it's local so it's on your computer and it's a cold wallet meaning it's on a computer that is not connected to the internet or na ka usb so pagtanggal mo na usb a hacker or anyone can access that usb without physically plugging it in so that is the most secure way to store your crypto I feel kind of sheepish about admitting it online that I don't have a local wallet but I just use it for purchases from the shop that people who buy crypto from who use crypto to buy from us from the shop but I have them and also the problem with having wallets or keeping most of your crypto in exchanges is exchanges get hacked all the time that's a reality that's just how it goes crypto is still the Wild Wild West with crypto if the exchange gets hacked you're f-ed up man you're up shit creek without a paddle you're screwed there's no way you're gonna recover that money if your exchange gets hacked so these are the multiple reasons for admitting I don't have a local wallet but because I really have my crypto pang exchange talaga like I need the crypto in exchange so that I can buy and sell so that's why I have it on why the majority of my crypto is tied is in my wallets which are with the exchanges and which is why I use Kraken which is super paranoid about security first of all they use 2FA my Kraken wallet meaning that you need to have the email that I use to log on my password and the 2FA or the random password which I generate from my phone so yes I can be the possible weakest link in the sense that if my phone gets stolen or someone gets a hold of my phone and then logs on to my account where my crypto can be lost or if Kraken is hacked but on my end I do tend to be a bit paranoid like with my phone and who has access to my 2FA because I do know that bad shit can happen if people like suddenly lost my phone or things like that so I do try to be conscious on my end about that and Kraken as an exchange is very very paranoid about security Marvin who you've met in our other stream in our other regular stream told me that Kraken is really very strict with their employees regarding hacking and I've never I don't know if they've ever been hacked but at least there's never been a serious hack of Kraken because some exchanges you hear that they're cracked and 10,000 accounts 20,000 accounts or like $500,000 Bitcoin was lost from the exchange you've never heard that from Kraken they've been around a long time and they do take security very seriously which is why I'm a little so it's a mixture of both practicality and campante practicality because I need to have access to my crypto right away so I can trade them and practical so that's a practical side and campante because I am confident a little bit in Kraken and in my own precocious so I gotta get through I gotta get through my topics because I told myself this would be a long stream because I actually have to get back to my daughter in the background I remember when we did last did I was already streaming again from my house and people were asking me I can hear a girl in the background I think that was my daughter screaming because I was taking too long so I told myself this wouldn't be such a long stream so I'll get to the chat guys but but I'll get through the assigned topics first so there's a lot of the reasons why crypto is down and it is quite down like around 60, yeah the old time high of bitcoin was around 67,000 68,000 now currently today it's at around 57.1 um but a lot of it takes external factor so and I find that kind of silly to say because it's always external factors whether bitcoin goes up or goes down but external factors in the sense that the currency itself is not under attack there isn't like the US just hasn't suddenly come out with something saying we're banning crypto yes there is some bit of the China blowback I think China is God man and I think the crypto markets have already baked that into the price so the last bit why markets are down not just crypto but also stock exchanges worldwide is the new omicron variant the best mean I've seen about this it's a unicron from the transformers the movie the original 80s transformers the movie love that movie I've talked about it before also on the other streams it's unicron but ibang kulay ito talaga yung 29 variant because in the movie it's like unicron is the name but the variant is omicron but the markets are spooked because omicron israel has closed its borders Japan I think is also closing its borders although there is some good news preliminarily one of the doctors in South Africa that sounded the alarm that this sounds like a new variant she reported or she shared to Reuters that so far the because apparently the symptoms are different for omicron at least in these very initial stages that hands we need rodimus prime rodimus prime was a punk man like I was really like hotrod is okay as hotrod but for him to take on a leadership position I always complain like to my brother and to other transformers fans rodimus prime is a punk I can't believe that that he would replace optimus prime he could never replace optimus prime in my book but what a great movie you got optimus prime's death it's a 30 year old movie guys if you didn't know that I'm sorry for the spoiler that's like a big moment but it's 30 years old just watch the movie but when optimus dies and at the end he's replaced my rodimus prime you can't replace you could never you're a punk ass kid I can't believe the Autobots would follow rodimus prime but it is a great movie not to knock this is my personal opinion I found it very unrealistic and just just because I grew up with optimus prime as the leader of the Autobots and he'll always be optimus it's optimus rather than rodimus but yes hands to say I wanted magnus to lead right? I mean ultra magnus was a decent choice and yes that speech na I'm just a common soldier I'm not worthy to take on the Autobot matrix of leadership and you can see how much of a geek I am that I can quote lines from memory to Autobot movie I'm a soldier I'm just a soldier I'm not worthy so was I when I when I received the matrix and then di ba parang and then he drops but I entrusted to you old friend parang ganon ultra magnus does have di ba parang mas bagay si ultra magnus and that scene also where ultra magnus tries to be the leader and he tries to open the matrix to light the darkest hour pero pala it's not the darkest hour yet and damn that scene also is very traumatic I won't spoil it na lang anyway to backtrack or to get back to the actual topic omicron although the symptoms so far as reported by one of the south african doctors who actually observed it the symptoms are different compared to the delta variant it's like you have extreme fatigue and you just rest it's not as bad as the delta I don't know in terms of transmission rate but in terms of symptoms and things like that and a lot of the people reporting the omicron variant were unvaccinated I think very preliminary backtracking of data shows at around 50% so perhaps our vaccines are still good against omicron but again this is all speculation but omicron has really battered the markets crypto included but with that said um so those are the three major things why crypto is down and to be honest I was really surprised kasi I thought that crypto would only crypto was dropping personally I like it when crypto drops because it's another chance to it's uh it's uh I'll stop I know right my wife was I was telling my wife we were having dinner early so that I could stream and she could attend a meeting and I was like I know I'm just going to have this stream is going to be short so you go 30 minutes I'm going to start at 8 you always say that and then you end up going for like 2 hours and I'm like no no today will be different because I don't have much to say and here we are now talking about transformers so I know right but um so crypto really for me I was surprised how far it dropped to be honest and again I my foretelling my you know reading the auguries of crypto has not been so good lately I was happy when it dropped but to be honest I was quite surprised that it dropped to 55 the lowest bitcoin dropped to around 55 now it's bounced back about to 57 this is to really the sort of main topic aside from the news so crypto is down and I wanted to talk about like how can you time it so that you buy low now I think it's a good time to buy but again I could be wrong because I bought at the wrong time I've used up most of my bala kung baka I really had reserves I know crypto is going to drop and I sold I sold most of my holdings my short term holdings anticipating it would drop but around you know when bitcoin dropped to 60 62 I'm like okay now's the time to buy so ginamit ko na lahat I used up all my money then poo tried to keep dropping some more and like an altcoin that I really like OMG was it around OMG kasi ang ganda ang ganda of progress hindi siya yung like SOL that like super skyrockets or something it's not um it's not like a douge coin or it's not like SOL na parang sobrang bilis tumakiat or like shiba inu kiba coin but it has very good performance over like 6 months over 3 months you know a very decent performance over a time frame that I think is realistic hindi kakakay kasi yung ibang mga meme coins ang hirap kasi sobrang akit akit pagsak nila so I like OMG I think it hit around $15 um OMG when it hit around 13-12 I'm like okay so I poured a lot of money into OMG and then pala it's at around 8 now HA so again you really shouldn't be um you should take everything I say with a grain of salt because I'm not the best at foretelling crypto prices um but at some main point I wanted to address is like how do you know when you should buy take me I was anticipating a market drop to be fair to me um so I got that right I sold all my short term holdings so I was holding dollars waiting for the price to drop but yung problema kasi sa akin with my trading strategy or with my personality is I always may pakafo mo and I understand a lot of investors like are like this na bumagsak na nga and you think that must be the bottom already that's the floor and I'm gonna buy it now kasi I might miss out kasi akit um to be fair to me and to other investors it's really hard to determine when it is kasi malay ko ba na mga kaka omicron diba thanks covid um you know I didn't anticipate omicron um but I really like the Chinese thing I thought na you know menso alam na man man mga taon na China is really down on crypto and therefore um that kind of consideration would be baked already into the price and really crack down to that poor guy I guess he must have been high ranking in the province when they kind of cracked down on him bumagsak yung price um I'm like really do we still care what China does with crypto I mean the exchanges and the mining have already moved out and a couple of months back and we recovered already from that so I was surprised also when that happened so the main sort of talking point I wanted to address which I have in the in the text description of the video how to take advantage of large drops so really the usual strategies are set money aside and do not touch it kumbaga break glass strategy you know when like there's a fire extinguisher behind glass the fire hose and it's always like break in case of emergency yun yung yun yung break glass um approach na hold lang hold the line so let's say you have however amount like 10,000 pesos um 10,000 dollars you know yung whatever your your reserves are for buying and you just hold that amount hold that amount and don't get tempted like bumagsak 5% hold the line hold the line really break glass lang in case of emergency wait until the prices really drop so that's one strategy number two is anticipate and plan accordingly in the sense that you know it will drop and these are the technical guys like if you follow crypto or stock market um analysis they're always like these candle point things they have different names for basically they're just looking at the charts and it's charts and it's like candle point or yard stick or some other things I don't use technical analysis to guide my buying decisions but a lot of people do use it and if you're able to market it right it's always about support levels and like this is the bottom so that really goes into question like you don't need to hold the reserve because you hold the reserve break in case of emergency it's like you're holding and holding until you're happy with the price but if you do find a technical analysis that you think is legitimate actually holding up to that point hindi ka lang like hoarding until you are comfortable at selling it's really like holding just up to that price um but my conclusion is number one I've tried to hold and hold strategy but I never know when to buy I always pull the trigger too early for these drops it baka sa yung you should have a strategy when the market is going well and you know it's possible good money on like 5% up and downs the market is going well but it fluctuates between a 5% to 10% you know up and down okay pa yun but when these price drops occur and they do happen fairly regularly every couple of months with cryptocurrencies and that's why I love crypto it shoots up like a rocket and it drops like a rock and so if you made a mistake that you bought too high hold ka lang if you're not in a leveraged position long something or short something well if you shorted something and it dropped good for you you made money and you sell na but if you're not in a leveraged position it's okay as long as you didn't buy like too too high akit din yan it's only paper losses so that's why I like trading in crypto over stocks it's a wild man but if you made a mistake it's easy enough to recover just give it 6 months or so but I always tell myself every time these large drops because they do happen fairly regularly that I would be smarter next time and I will hold god damn it don't get swayed by oh na dropped na 10% buy na buy na it can always go lower so that strategy of break in case of emergency hasn't worked out well for me kasi mahina talaga yung will power ko I do have FOMO and I do anticipate I try to be very clear eyed about my investment strategies which you should be because that's the only way you can improve to be fair naman to me I think I predict drops very well I'm a conservative and I do tend to think that the market will drop rather than go up so in terms of predicting drops my success rate has been pat on the back to myself but where I am lacking in terms of investment strategy is knowing the floor at what to buy at is this a short drop or is this a drop drop so that strategy of holding has not worked out well for me because I always break the glass prematurely I could make a dirty joke now but it's only 9 o'clock so those kind of jokes are meant for 7 p.m. streams or things like that so to go on to the next strategy which is to do a technical analysis and to get good on that technical analysis and you don't need to be guessing anymore when to hold because your analysis tells you that okay the floor is $56,000 per bitcoin and at that point I will buy like crazy I don't know how to do that to be honest I'm not a technical analysis kind of guy I don't understand all of those candlesticks and those things and I do have a to be distracted again I am holding a tachycoma which was a Christmas present from my good friend Gizmo and he will be part of the display in the back I really do like this I don't know where Gizmo got this but I don't know if the picture quality is any better but it's really diacast and ganda ng blue metal sheen on this guy so tachycoma from ghost in the shell guys 11pm stream actually was thinking of doing 11pm stream now for crypto watch because it's holiday but I decided to do it at 8pm because I will be shooting later at night when my daughter goes to bed she's still quite young she's 1.5 years old so my schedule has been upended she has to go to sleep first and that's the only time I have afterwards for youtube and other things so I will be shooting with the new backdrop for the first time tonight so I will be shooting around 11pm so that's why I decided to do the stream at an earlier hour so really not much for this episode of crypto watch there are external factors which have cost the drop personally am I afraid I saw a chat message earlier asking kung ito na ba talaga ito na ba talaga, di ba mag-recovering crypto but crypto will recover like I bet good money I would bet good money and I have bet good money because I have bought into the market too damn early as I've mentioned but I am pretty sure that crypto will recover again just look at you don't even need to look too far like 6 months ago June Bitcoin was even even closer to November July this year Bitcoin was 33200 and now it's at 57.1 so already recovered from those deep drops of a couple of months ago it hit an all time high just early this month so it hasn't even been a month yet prices are down yes but I am pretty sure they'll recover will they recover within by the end of the year it's possible again I don't know but you know if Omicron doesn't turn out to be as bad as people are fearing something that's completely out of our hands the mutation is what it is whether Moderna, Pfizer, Astra are effective against it and whether it is transmissible some of the other things we have to see so again all of our hands but if some good news comes our way I bet the market will recover by the end of December because usually stocks do pick up at the round end of December window dressing is what the stock traders call it although there is a lot of selling for stocks at least at the end of the year because portfolio managers want to end the year on a high note because mag-account na sila na year to date ang annualized return for 2021 so they're willing to sell even at just a slight profit para lang they can say maganda yung results at the end of the year selling at the end of the year but I am fairly confident that it will recover crypto will recover prices were a bit high when things start hitting all-time highs I do get scared na tatakot din ako so it is good this correction is good overall although I am a bit annoyed with myself because I bought too early because again I'm a I'm a FOMO kind of guy like oh my god if I don't buy now then na tataas and I'll have missed the boat parang ganyan so if you guys do have a different strategy for knowing when to buy at these big drops do let me know I think now is an excellent time to buy actually although again don't take my word for it because I was telling one of my friends who asks me for advice and this was like when Bitcoin was around 63 I'm like yeah buy I bought I bought so many things and pala bumagsak siya til 55 and OMG OMG now is at around 8.11 and I think I bought in at around $12 so that's that's a 25% drop let me check my spreadsheet that's come clean I bought OMG sorry I bought OMG at 10 but I did buy it at 13 also I have a position at 13 and at 10 OMG so I am in the red I am in the red if like I liquidated everything now for sure but again those are all just paper losses I am quite confident in the long rand at crypto recover and I will make a nice profit but I would have made a nicer profit if I had waited and bought in now and that's as an investor I really think that's one of my weak points is that I do hoard cash well enough like I do know but like when to get in on these big drops is something that I do need to work on as a crypto trader you know sa corona coaster and like pala I think we're at the bottom already and we're just like one source pala way down the bottom it's just paper loss stage right I mean guys sir ergo birth sup ergo birth spreadsheet reveal ayoko yoko may ako dami ko talagang losses actually baka next crypto watch I'll invite ergo birth to appear with me on this show he has actually appeared with me on in the industry but ergo has a lot of interesting analysis of crypto and ergo is um he's very familiar with the newer crypto I'm kind of like an old guy and I like my I like the crypto that I understand Ethereum Bitcoin I do have a lot of old coins but even these kind of like old old coins like XRP like ADA like SOL I bought because of ergo thank you ergo OMG I like a lot but these are not the cutting edge cryptos I'm kind of afraid of the cutting edge cryptos and the cutting edge NFTs so maybe next episode the December episode of crypto watch maybe we'll have ergo birth on the show dot yes guys sir I do have um poca dot let me check my spread sheet I do actually I don't know I do don't worry grabbing position ko sa dot I bought it so high just to let me go back to let me turn on OBS let me shift to the browser I'm going to reveal what my position is on dot I do have it on my watchlist because I do I do follow it so again the nice thing about coin codex which is what I used to observe crypto prices you can tell it what things to track I mean of course most trackers do that already but I'm just I like I do like um coin codex unfamiliar with it holy Jesus haha grave so dot is at 35 dot 65 now and I bought dot at drumroll sorry I don't have I need to put sound effects but I bought dot at $53 Lord Almighty I haven't checked this in a while actually because I don't want to be sad thanks guys sir for making me sad let me switch back to camera my brother Rafael has actually given me a stream deck for Christmas so I guess I can use it to configure all of these stream like scene changes and things Lord Almighty I did not realize drop the dot drop that much it's around 35 now I bought it at around 52 so that's um almost a 50% I mean not not it's not 50% exactly maybe like 40% or something but that is kind of wild man I do feel bad now but it is a paper loss um atom hi bye atomat I haven't been tracking prices to be honest too much because bagsak naman sila and I've already spent all of my money um XRP not too bad um atom also down basically all down ETC not too bad actually it's already overbought kasi sabrto mas ETC at around 55 58 now it's at 47 that's not too bad not not a bad drop for ETC um to be honest um to be honest there has been a lot of stuff going on in the shop so I haven't been trading as much I haven't been observing as much as I usually do and also because I already spent all of my money um so I don't have any money left to give although I was able to sell um I bought Brave token recent I bought Brave token a while back um and it hit bat I bought bat a while back bat is at a very good price right now good price to sell I mean if you bought early not a good price to buy at because it is the price of bat is quite high now um but I bought bat before it was at 1. it's at 1.59 now and I bought bat at 1.07 and I sold it at 1.25 and again that that is my problem whenever I see a significant gain so that was like a 17.55 percent gain I thought okay na yan let's sell it pero maket pa si high up to 1.60 so basically at around 1.59 now so I sold it at 1.25 because yung guy I'm more of a conservative kind of guy when you make 17% in a bear market after 14 days I bought that November 11 and I sold it November 15 17 or so percent after 14 days is very good especially in a bear market I didn't think it would go higher obviously so I sold it and it did go much higher obviously at this conclusion you should draw from this is that you should not listen to me for crypto advice um but yeah so but if you do have bat and you bought it early um now would be a good time to sell yep so again just my thoughts on where the market is right now perhaps some reasons why the drop would I buy now if I had money yes I do why aren't I buying because I already bought at higher prices because I'm an idiot but again you know I get to be fair to me and to other traders hindsight is always 2020 right I mean it's always easy to say that oh yeah I should have held out I should have done this or that but when you're in the heat of the moment and that's why I always encourage people like you want to trade just do it just experiment just keep tracking the prices because yung you just have to get a feel for it and you really have to get money in the game because yung it's always a learning experience and what I like about crypto guys as long as you don't go nuts don't bet the farm don't bet your house don't bet your life savings don't bet the college education of your kid but you know you do have some money for investment set it aside and um um play around with that but you know whatever you decide to put into it be sure that you're okay with losing it with getting a lot of losses but again these are paper losses crypto will recover you might have seen in the background that somebody is waiting for me I do need to go shout out John from Facebook this was at 830 so I don't know if you're still waiting um I mean if you're still watching but um shout out I think I said thanks for the suggestion in the mouse I might do that I think it was John Ocha the Ochi who recommended it so the service that repairs mice that can change the switches okay sorry guys I know there's a lot um there was a lot of chats that that I can't reply to because my daughter I can hear her already complaining in the background so thanks so much for watching I do hope that this new backdrop works out well but let me go right the camera will be clearer hopefully I'll get better light but I love this light we'll have pwede magtanong this Friday so this will also be my setup so love this the Amaran here and the T5 lights here my face is like half the moody dark but this actually looks quite good but yeah it's too much di maganda kasi ang back di maganda yung backdrop like you have my wife's teen canteen and the thing and yeah so anyway um yeah we're gonna figure out like how to make it better this is up 10% too bad I don't have any more money but yeah thanks so much nice to see the regulars guys Hans, Kaiser, of course ITX Adik, Giro Alvarez para na yung namesaw sa meals here in HEC um thanks for watching um from the youtube stuff goodnight guys have a good break tomorrow hardware sugar is closed the shop is still on an order but it'll get sent out Wednesday we have hired a new tech so there will now be two tech guys in the shop all the time we do do diagnostics now now's a good time to buy or to have to do builds kasi we're not too busy actually there's sort of been a lot in the orders so not too busy our new location is not this location the one on the graphic is wrong I'll need to have our graphics designer change that um always something with the stream but um yeah thanks for watching if you're into crypto and you have bought early too early like me hang in there um you know prices will rise again we will rise again I have faith and if you haven't bought yet you are thinking of it I really recommend buying prices are so good right now don't buy bad, bad is overbought don't buy ATC I think that um it hasn't dropped compared to other things like even aksi hasn't dropped that much XRP hasn't dropped that much although I have seen XRP at around 1.2 it's around slightly less than a dollar now but if you don't know what to buy I would buy F, DTC basically can't go wrong with those guys it actually hasn't dropped that much 4.8 it's around 4.3 now Bitcoin is the one um Bitcoin is at a good price now SOL actually I bought it at around 180 I still have profit now it's around 205 thanks again Ergo if you're watching it was Ergo who um who told me to ano who told me to who told me to buy I see the message from Hans yes I should go to my daughter thanks so much for watching and again as Kaiser mentioned this is not financial advice um do your own research I'm not telling you to do anything but this is what I would do if I still had money but I don't