 Time-sensitive, but now if you want to do a little Q&A, I'll answer all your questions the best of my abilities and we'll go from there So thanks everybody Ah Jesse says I'd rather invest in the gaming narrative. I agree with you Jesse That is something that people can and do use that it's actually very wise to say because even as You know things go through and maybe people say, you know what maybe I don't need to use EOS for a whatever But for web3gaming you're still gonna use those and I can agree with you. So yeah, I get behind that I was like what Rob, I'm seeing green day tonight. That's a band for people who are below the age of 40 I'm seeing green day tonight in Anheim. Do you think that's a bullish for tomorrow? That could be and maybe am's gonna do another 130% increase as well. I don't know but yeah, I think Bullishness in the long term. I think there's gonna be some more bearish some more bearishness up coming up our Upcoming I should say we'll see let's see. Do you think the court ruling will affect the ripple case? I Haven't really paid attention to the ripple case after they won the initial section to that so Not for sure on that one Let's see Alpha drop soul friends and soul chat Doing pretty well both with true utility only nine million supply of devs on both practices. That's true soul chat Gentlemen over at smart money talked about that like a couple of months ago. He's crushing it over there So yeah, congratulations there And he says Akash is back to his 2021 levels very strong many alcoons are still down Yeah, it was a good piece that was put up by Tom crown and congratulations to Tom crown He just crossed a hundred thousand subscribers He's been trying that for like last two months and he just broke through so congratulations my friend Tom Good work and he talked about how just like a couple weeks ago. Maybe it was out of week He said that Solana actually had hit its all-time high For its market cap of how much it to put it in but he said, you know We're still below that 250 threshold of price per Solana and he asked the question He's like how much inflation is Solana actually doing eggs? It's quite enough. It's quite enough to you know, you hit your own market cap and you weren't even at $200 Having it 250. So yeah, there is inflation. There's inflation on most projects I'm sure there's gonna be people in the comment section will say well my project doesn't but For a lot of different projects that are out there, especially if you're staking and running rewards That's inflation. It's just not as bad as say what the U.S. Treasury does Matias says hey, Rob. What do you think about near-supply being unlimited? I just fell over the fact some time ago That's the same thing as Ethereum There is the same deal, you know, it's all about supply and demand. So for that one. I will I still like it I still like what it's doing but Is there that much demand for near being asked for well if we take a look at DAP radar There's a lot of different demands. I think it's one of those projects that I'll just take a look at it I want to keep right take a look at this I think we've seen this before right So we're gonna do operator explore DAPs Yeah, pro-air drops that's take that check that out later. Very nice So let's go for 24 hours. Let's go to 30 days Let's take all chains and Wow, look at this. So Kai Ching, which is a Retail app buying buying clothes and different items online using the app itself and near as a protocol their Volume is not too bad 212,000 but unique active wallets This is the big thing because that's what we're looking for as far as adoption We'll want to have people actually use it and there's almost 22 million people using it That's a lot in a 30 days. It's pretty good Moto decks is a game and but it's on multiple chains Which is I think that's the future of everything in crypto. So you got aptos and polygon near Aurora nebula base EOS Wow EOS and Yeah, let's see almost 5 million for a game Yeah, check that out. And of course my favorite sweat economy walk Dern free app Was a web 2 1 hot game also on near and then of course the next one's uniswap sink swap pancake swap galax social media So, yeah They don't think there's that much moving forward, but yeah, I like near and I like what it's doing I like the people actually using it. Ilya. I think was just speaking at the Nvidia conference. I think that's why the price Massively went up. I don't know Is what his keynote speech was or what he was talking about because I haven't seen that yet but if anyone knows in the comments, let me know because If it's all about AI Of course those things go to the moon right now because of speculation Jeff says, what's your favorite Texas or Puerto Rico? You know like for food or for like people or for like driving ability or for like potholes or for like taxes It's a good question Jeff. All those can be answered like this food Texas People it's pretty split depending on the day Potholes, Texas takes the cake over Puerto Rico beaches Puerto Rico obviously taxes Puerto Rico and General well-being I'd have to get that to Puerto Rico. I live pretty much stress-free. It's pretty sweet Now you guys know why I'm on these when I'm doing these videos Then we see like a trap drop of like 10 20 30 percent. I'm like, well Gonna be worse Living Puerto Rico. It's great. This place is awesome. Oh Brian says Rob, I got coin ledger when you had David on I seem to be able to add meta mass accounts And then what change I think it's instead of just doing the and I'm gonna have David on I think instead of doing like individual wallets. It's just supposed to be like one like here's my meta mask Bring them all in and that's it cuz like me on my meta mask, which personally everybody I don't like using meta mask. I don't know about you if you like that not a fan but when I did it with coin ledger I had to imp to bring over my Ethereum wallet and then avalanche and then my arbitrum and then Bnb and everything else, but now I think it's just a one-click thing and then off it goes. I think that's what they're doing That's what I got from the the literature What is this? Oh? Wow mark Robby feel the same way about El Salvador living here is so great amazing. I've never met anybody who's lived in El Salvador Let me know how that works out for you I know like, you know, three four years ago was pretty awful until McKaylee Presidente bukele came in and pretty much cleaned everything up as far as like with the violence It's amazing what you can do with solid leadership And sometimes you got to be that guy And says it right PR when red lights are a suggestion all the lights are a suggestion here stop signs Maybe if you want to when is the green screen change the Texas looks like the green screen? We'll change the Texas one when we go to that'll probably be May Somewhere around there Oh Toby Good question exchanges with cheapest fees. I got to say Binance, but I've heard rumblings that Kraken pro is pretty good But you have to have that that pro version also coin base advance to whatever they call it now and I've had some pretty good luck on Crypto comm but from everybody that tells me because I can't use I Can't use Binance because I'm an American citizen And you know, I guess I can use Binance us, but I just don't trust them They say that Binance is awesome as far as fees go. Let me know in the comment section, but that's just what I hear Be man says Rob About how much ballpark two-bedroom condo in a safe neighborhood with security And about 700 feet with two bathrooms we're talking about like El Paso, Texas not much at all matter of fact very cheap maybe 135 Yeah, 135 135 K may 140 But here in Puerto Rico first of all most of the I have never gone anywhere and felt like super unsafe And not ever But like every place there's gonna be places that you don't want to be in a certain time of the day or the night Right if you're bumbling around You know in different parts of Puerto Rico at like one in the morning find a great place So it depends I've seen depends on how close you're actually the ocean front if you're looking at like we've got a condo on in condado that we do for short-term rentals and You know of what you just described almost beachfront you're looking at three four million Especially if it's updated now if you're looking at some different areas Outside of like the touristy stuff it goes down substantially. That's what I would recommend however The best thing to do is I did a video if you just search for digital asset news Puerto Rico There's two videos actually there's one I did initially when I got here one it was Show you what it is. I don't know why I keep digital asset news Puerto Rico Oh, there it is So watch this video And I talk about god lord that does look like a green screen doesn't it and I do talk about Places to be and also the names and Contact information for our real estate agents that I trust and I've used it in the past so go from there. All right It's a good one friendship. Oh Sri Lanka Hello, I'd be content. I'm gonna feel thank you for everything you do may the lord bless you. Thank you That's a great comment. I appreciate you Universal says Bitcoin won't recover until inflation under control and her fed says something about When they will lower interest rates Does anybody know what the FOMC is talking about? Or as the likelihood of percentages of rate hikes Let's take a look, huh? This is probably a question we should ask on the next NFA live with uh with ben and jessica or ben and guy I don't know who's going to be there what Now 99% okay, that makes sense Look, so here's the chances of a dropping still so many 1% Let's take the 1st of May Yeah, after Jerome Powell's late latest speech pretty hawkish higher for longer 93% are saying like look the current target rate Is 525 to 550 it looks like 93% they're not going to raise it. Let's take a look at june June people are thinking with the 55% assurance that it will but this could change July Let's get I'll go with september 24. That seems more reasonable Look at that 7% but But uh universe 20 I got a you had a good point Bitcoin want to cover until inflation or control and if that's not But I will tell you There is this this chart that really Look still bend stuff shall we Bend website Into the cryptiverse you can check it out links in the description Let's take a look at the macro What I'd like to take a look at the is the m2 money supply you like this one because You can you can do a nice little overlay It actually bends the one that show me this Over the s and p 500 if you just overlay of the money supply you can see it just kind of goes It just essentially mirrors almost mirrors The amount of money printing or quantitative easing that is happening in the united states And it goes up and then when there's like But you'll see here even though it goes up. There are times when I want to falters One thing I found interesting was that everybody would say Let me reset the zoom Let's go from 2010 Everybody would say well bitcoin can't go up. Let me overlay bitcoin bitcoin can't go up Crypto because it only can go up When there is money printing And it's done a pretty good job. I did a great job right here and really ripped of course that was in During the corona virus But then look at this It's actually gone down the money supply has actually gone down from here To here and what happened bitcoin goes up and people are just starting to figure it out And of course has been stagnant a little bit of a decline, but it's still gone bitcoin's doing pretty darn good job Only goes to february nobody to get bend to Get that information But yeah, I think I find it interesting that yes, we can talk about inflation We can talk about that we can talk about the quantitative easing we talk about wars We can talk about but bitcoin seems to do whatever it wants to do Does that mean it goes up forever? Not so fast. All right Tim Stafford The new dot plot will come out tomorrow excellent. Tony beg is here Haven't seen Tony for a bit. Welcome Tony Uh Fed said in may but press in july perhaps so we'll find out What other Brian I say all my questions when I can catch you live great I'm glad that somebody notified you because it probably wasn't youtube or maybe it was Where is the bitcoin dominoes? Do your best been impressed? I can't I'm not a good at impressions But ben does have a nice cadence when he's doing those videos. I was listening to uh, what was he talking about today? I think it maybe might have been a bitcoin dominance video Yeah, I was because it was but I was I was very heavily disappointed because it was under an hour and that's kind of just a little Little underperformance by ben but bitcoin dominance. It does make sense of why it would go up Especially when you sort of see of like if you see the ecosystem that is bitcoin. There was a great Graphic and it took a look at all the different l2's that are coming out and are actually in place right now On the bitcoin ecosystem and ordinals and everything else like that I thought to myself well if these take off and the bitcoin dominance should go up because people trust bitcoin That's what it was supposed to be, you know, I mean all these maximalists always said Hey, we should stop building on ethereum These other l ones and just use bitcoin as the base layer and build on that just like the internet TCP ip and everything else and now that we're doing that now they get all ticked off about them like I don't know how you can win here but uh Yeah, I think it I think bitcoin dominance should go up, but who knows Universalist says I will move to pr if I'm able to sell the top of next year retire move to pr That'd be great. We could use you. It's a great place just remember though if Don't do what a lot of people in 2021 did is that they moved to Puerto Rico And because they were flush with money and they were flush with stimmy jacks and everything else And we had the massive amount of ax 60 participants Come in and say hey, I want to participate in ax 60, which if you don't know watch that video I just talked about as far as with Puerto Rico and then in 2022 we had the most amount of revocation Or people who said I financially can't make it here I need to move back to the mainland and it was the most from 2021 to 2022 And the reason was is because people didn't adequately assess their situation financially and say oh, I can't make it here This isn't gonna last forever. I thought there was gonna be a super cycle. I thought this time was different Here we are. That's a good lesson. Actually if you're looking at the charts right now It could be wrong That says so wash, trade our bags from in the Puerto Rico or actually get there What you want to do Is talk to a CPA that is here in Puerto Rico Watch that video. I give a couple suggestions and then tell ask them what the best thing for your situation That's why no one can give you any kind of financial advice because no one knows your situation But there's different things that you can do To minimize and it's not about Illegally avoiding taxes. I want to wants to do that and go in jail. It's about minimization of your taxes like this Like this room like okay, like this green screen. I bought right so that green screen was $35 and then I Take that 35 bucks and I say hey, this was a business expense And I I put that as a deduction as far as a business. I don't pay as much right tax minimization That's it That's all I want you to do same thing with With your crypto and digital assets Rob, do you believe the liquidity cycle or the halving drives the four-year cycle? Well, we just took a look We just took a look At the m2 money supply, which is the most amount of liquidity right liquidity in the markets And people will say it doesn't matter about the four-year cycles And I know some people will say don't believe in them at all me personally I still believe in them and we even talked about this the last time of when there was a crash and it actually was eerie Just how much you know, we you go from a halving in 2016 to an all-time high in 2017 to a dip In 2018 to a reset of 2019 and a halving of 2020 Then an all-time high again 2021 then 2020, you know, I'm going with this right So like for all these things I still see it playing out and people will say but that doesn't make any sense because Just because there's a halving like look If you believe in the fact that that crypto is is great Bitcoin could be something fantastic and it could really revolutionize everything. Sure But you have to understand that in the whole market itself. It really is it's speculation It's hype and it's greed And if you know those things and you believe in that especially in the altcoin market all's you have to do And is take a look at the narrative that is the bitcoin halving and for the bitcoin halving if that happens Well, it always happens, right? It's uh going to happen in april 20th I think those things will still be in play. I could be wrong, but that's where I see it So I still believe in the fourier cycles Ft and I just smash it's awful It's awful. It's awful and I try to improve it every day There's a good app I use link q and then I also my wife is It's from see you doubt what is so I get the practice with her the last 20 years and she still says i'm awful Ah Jason says I thought tether printed last week, but everything is crashing. Yeah There's only so much you can do tether just printed. I think it was a billion Yeah, it was a billion and it's done that like the last two or three weeks But that's what pushed it all the way up to 73,000 remember just what five days ago We're at 73 73 k and that's why it kind of It's it's irritating me when people say, well, you know, we're just going to keep doing this And i'm like because of the ets everybody that's coming in people are going to take profits people are still greedy, right? You can't deny that As far as what people are doing safety and Scorpions is hold your crypto for a year or 385 days pay capital gains versus income tax minimize tax. Yeah, sure long-term capital gains exactly Yeah 20 20 plus years Rob with sombrero. Oh, that's right. Mark says tether is partnering with el Salvador establishing hq there fantastic Should probably head out there at some point What you really need to do is go out to the uab go see crypto sito and Although people at coin bureau and everybody else that'd be fun Thank you report for the super sticker uh everybody else Save your money put that into Whatever project you want to Let's see grandmaster's got a This is something that has been circulating grandmaster b Unpopular opinion. We hit the top of the bull run on etf and the having excitement. It's all downhill from here. We I've been hearing more and more about that people saying, you know what? This is it. We've hit it We're at max greed and now we're just kind of go down slowly and slippery and I think to myself That could happen I mean nothing's outside the realm of possibility But again, if we take a look at a couple of different and this will be the majority of it Some sell indicators and if you're looking to like well when When's a good time to sell? I can't tell you that but I can tell you like here's the indicators I use There's a link in the description the video is called when i'm selling 80 on my crypto and it's in all my videos all The description of all my videos that I do Because i'm going to stick with this it doesn't matter if it's if it's a If you have no plan just have a plan or else it's going to hurt So yeah, so we take a look at the this is from looking at bitcoin.com. It's a free website And we talked about this before market value and realized value current price the the market value is Current price of bitcoin by the number of coins circulation 19 and a half million and whatever the price is the realized value Takes the price of each big bitcoin was last moved and we can see that You know in the red area, I love these because I like I say colors, right? I'm a simple person When it gets in the red you want to start to think about layering out when it gets into the grain You want to start to think about buying and these are pretty good prices 16,000 669 all the way up to 19,000 that was pretty good over here 5,000 over here 3,000 all the way up to 4,000 Yeah, not too bad then the red zones 19 17,000 and 27. Wow, that's pretty good This one not so great 35,000 But you'll see here This was at 66,000 it was in the orange zone exactly we were all right here So maybe it's something to look at. However, it's just one indicator, right? We should never put all our All our marbles in one place How about Picycle top actually let me use This one just looks better Let me go to the 24 hours. So Picycle top we talked about this before this one's pretty decent It's pretty actually really good I call the tops retrospectively It's one that 300 a day moving average over times two crossed over the 111 a moving average or actually vice versa that Did in 2013 the double top did in 2017 when it called it at What is this 19 6? Ah, it's pretty good Then over here did a pretty good job 63,000 And of course right now They're not any well, they're getting closer, but that's not it. And now let's take a look at Oh, let's take a look at time and risk bands now. Let's take a look at mvrvz score mvr again The z score just kind of takes out all the noise And we can see that it did a decent job over here when bitcoin was Over the market cap was 700. Yeah, it's pretty good. This is on february. No february 28th. Yeah, not so bad and then of course Let's take a look october And again, it's over here. Look at this something to be said mvrvz score november 11, I think was the top Maybe 16th somewhere around there At this level same one over here Look at that and then let's take a look at Time and risk bands Again stealing all the information from ben sight Before he catches me What is this thing running on solana? Just kidding the bad joke. All right So then we take a look at the risk bands, of course, this will change over time as times elongate or the different the markets itself elongate But bitcoin's coming to 0.6 to 0.7 risk band Which is right here So we're all getting pretty heated And these time frames it's only 1880 90 800 so 237 days It's really only been 235 Of what it's been risk and now we're still in here. So it's heating up. There's no doubt about that But to say it's the top could be I think it's going to be I think we'll still have time But again, there's a reason why I have these These rules underneath me, right? What's the last rule? Take profits along the way. You won't feel so bad So I've done a little bit not as much as I but I mean the the plan that I mean you can see that in the video The plan is one of these certain things hit and they haven't hit all the way yet Or at least even half of them. So I'm still waiting but again First rule it's all gone Don't invest morning before to lose everything to scam until but otherwise don't leave anything in exchanges Use cold storage devices. You can use a ledger. My favorite is tandem Uh, don't use leverage, especially if you're doing shorts and long I mean if you're doing shorts and longs, I mean those longs got obliterated recently So if you leverage long ouch That's that That's right diamond morning Diamond hands and tell rob dumps on you and that's true. I will I will definitely dump on everybody My name is dally. I made the mistake of not taking out my initial investment Yeah There's another another good one that I've heard which is you know, if you invest in some wealth coin Say you do a hundred bucks and a doubles goes a 200 you just take that hundred bucks out And you're stuck with a hundred and then if it doubles again You keep taking it out until you can't take out the double Some people will say doubles and it was all see a triple. Some people say a quadruple depends on where you're out in the cycle I think you do that. You don't feel so bad, especially if you're you know, when the crash does come and it's coming Let's be honest When that when that happens, you're like, oh, I need some money and this other stuff that I had here my initial investment that eroded but I mean I quadrupled my stack or I ate extra whatever else and again All the the money is made not now all the money is made in the bear market So you did your job already. So congratulations anyhow, that's it for today, everybody I think we're almost coming up on the hour mark. Uh, but that's it So look you like today's video give a thumbs up consider subscribing everything talk about it's time sensitive as a reminder again For your taxes coin ledger if you want to do the Roth IRA like I have done It's uh, I trust there's a link in the description. That's it for today So thanks so much everybody. I appreciate you and I'll see you on the next one. Have a great rest of your day