 Great. Welcome to digital asset news at the top stories in crypto break down a bite-sized pieces today as you may have guessed The market continues to drop. So really just comes down to its decision time its decision time for a lot of people Myself included as to what we're going to do with our crypto and digital assets because As we start to plummet and I don't think this is over Bonnie's strangely imagination the question then becomes well What's the next step? So we'll take a look at first We'll take a look at the crypto market and then take a look at all the liquidations that are out there And it is sizable Then we'll take a look at the digital markets and how much they are bleeding as well And then we'll also take a look at what's going up I think that's the bigger question we should be asking is you know What is actually on the rise and then we'll get into it as far as robots? Margin calls which will equal a decision time for myself and then lastly just a little follow-up We're gonna talk about Tony From thinking crypto we're gonna talk about a meet-up Which we're doing in Puerto Rico this Wednesday, and we'll finally talk about a Sunday swap and what's going on and lastly lastly Lastly, we'll take a look at five questions. So first of all before we get going I probably should ask this question Audio is good video is good if it's not let me know in the comments section I've already done the test and everything else, but you never know. It's a good idea to test Before I go on no one wants to just be watching this face and not hearing any audio I think it's a little bit ridiculous. So just let me know in the comments, but I think We are okay. He's babies to come back. All right, so let's take a look at the actual market itself today What happened well as I think everybody knows because I think we all check our portfolio quite a bit of time There's been quite a bit of a sell-off and it's not just here in the crypto market. Obviously in the traditional markets So we've seen a huge sell-off For S&P 500 NASDAQ everything across the board and when we take a look at what's going on today We were at our market cap was not too long go 2.2 trillion and not too long before that it was over 3 trillion and Now we're at 1.7 trillion now. We made up a little bit of ground We were at 1.63 trillion, but we came up a little bit, but still that doesn't matter I mean in all honesty in last 24 hours. We're down 24 hours almost 10% for Bitcoin Ethereum 14% and in seven days is the bigger telling story You're almost down a quarter of Ethereum's The price action a quarter 26% in seven days now you're gonna see two things that are gonna be only up which are the stable coins tether and USD coins actually up 0.3 last hour and that's because everybody is selling off They're selling off and they're putting into the stable coins or else I want to do so when you see tether Rise in the market cap It's because people are selling like crazy and sticking it into these stable coins and that's fine because you know what? My goals are not your goals and your goals aren't anybody else's goals So if they want to sell that is their prerogative. I'm not gonna sit here and sell you on the diamond hands narrative I think it's ridiculous. I think at some point people should sell and That's why I always talk about dollar cost averaging in and dollar cost averaging out makes sense to me And then across the board, we're seeing now a little bit of sell off in the last 24 hours However In the last hour or so there is a little bit of gain But this is by no stretch the imagination anything like we're like, oh, wow, you know great Solana's up 2.6 percent in last hour. It's still down 22 percent in 24 So I mean these aren't these would be the smallest of small victories almost like a participation award If you really want to take a look at it and that's what's going on the market. Everything is down across the board I don't think I've seen anything up In last 24 hours in the last hour sure because it is the weekend and of course, we're the ones that are open up so that's what we have right now and then we take a look at Just a quick TA. There's one green candle. Yay, but the bigger story I think is this is the RSI and I know people will talk about Well, you know, if it's a head and shoulders pattern, so I'm not a TA guy Just not but I just want to point out that for the relative strength index I mean, this is hugely hugely Oversold now we can see right even we back up I mean, these are one of the lowest RSI points you can see 15 right here around. What is this? 17 up here is 23 and so on but this is on the 14 day So it's pretty darn oversold the MACD has flipped beforehand and we can just see that everything just kind of dropped off So a small green candle, but make no mistake. I do not see me personally I don't see us like rallying back Back to back to 50k. I I see some more pain and that's just the truth of what I see. I could be wrong I have no crystal ball, but that's just what I see now speaking of pain. Take a look at this Here's the liquidation so you can find this in coin glass comm all this stuff links in the descriptions and You can see the last 24 hours 24-hour wrecked 1.09 billion dollars liquidated and what does that come from we'll take a look at total liquidations over time over time This goes all the way back. I'm not that long October mid-October or so and you can see that the liquidations here one of the biggest days were 15th of November You have a ton of longs More longs and shorts as for sure then over here 30 December. That's a pretty high number But look at the last three days We've got 226 million plus roughly a billion plus 400 million You're looking at 1.5 1.6 billion plus the people just liquidated and that's just you know leverage plays And I'm not here to to to scold anybody and not anybody's dad you do what you want to do and You at some point may have to pay the piper and that's just what it comes down to and Also take a look at on-chain analysis what I always look at is first of all the minor selling and Right here. We can see everything in green. Let me blow this up so you can see a little better Miners aren't selling too much even though as the price drops pretty darn low. So like that's one good thing Also, I find this odd to me is that the Bitcoin exchange reserve? You don't see a bunch of people Dumping on to the exchanges by putting their Bitcoin back on the exchange so they can sell off It's been pretty study in all honesty and then if we go over here to the Ethereum exchange reserve I mean the lowest that I can see in the last four years is 18th of May 2018 and We had an amount of around 12 13 million over here. We have 17 million. That's one of the lowest times I mean look at the highest point. We had 26 million on the on the exchanges now We're down to 17 million the price still goes down. That's interesting Take your buy volume. Of course people are selling off. Sure. I got it Estimated leverage ratio everything above zero point two is extremely high, which I don't know why anybody would be Playing around with leverage right now. I'm just not the I'm just not that guy But you can still see over here in the purple purple bluish We're still above zero point two even after all those liquidations So expect some more pain as more people get liquidated and I'm and of course people will always remind me But Rob, I went short. I sure the market made a ton of money. Good for you. I mean, that's great I mean, it's not that's not my forte. So I'm saying you can't do leverage plays I just won't do it. And of course, I'm not here to give anybody advice this is just financial opinion and then the ratio Value ratio still low and then this one. This is a new one. I added in the net unrealized profits So if we see a bunch of people that have bought Bitcoin and they have Unrealized profits then that's really at a usually at a risk for selling off But we don't have a ton of profits right now anything above. I think it's three point seven is pretty high No, no, no 0.8 and where's we're only at oh, this can't be right. What are the numbers? Oh Value is over zero. So we're not even at Down here is a negative part, but people are some people are still in profit believe it or not If you're got in 2021 at the height, that's not you. So that's what's going on as far as Just the on-chain analysis, which is very strange But again, it doesn't matter because this is what matters and people always talk about Correlation and things like that and as I think it's correlated there's some parts with that that are correlated and I can't say that everything is like look at Netflix Do you have a Netflix account? I do everybody else I know does but they just came out with a report yesterday that said that we are not going to grow or we didn't grow as fast As we thought but we still grew that was the earnings report for Netflix and a tank like 25 points And I'm like, well, that's traditional market. I suppose I don't really dabble in that too much I own very few stocks and Netflix might be one of them so down 25 points and see why you wouldn't so S&P 500 and even if you zoom out when in doubt zoom out. Look at this if you zoom out five days a month Six months. I mean, it's pretty not too great even a year Years not too bad and of course in five years if you really zoom out you're looking pretty good but this is the big one people talk about this now the NASDAQ and that is tech heavy stocks and we can see that's Over a day because of course stock market Saturday the 23rd. What is it 22nd? We can see that Yesterday was a pretty brutal day over five days pretty bad when I doubt zoom out while we're zooming out doesn't look good one month six month One year. Okay, you're still doing pretty good and then five years of course So that's what we have as far as the markets and what's going on So you kind of get a sense of what it is everything is down right now Just depends on which specific stocks indices or crypto and digital assets. You're actually into which leads me to my next point What's going up so when we just did all that the main question that I had I asked this on Twitter, which is well If everything is going down because people are selling. Where is this money going? What are they doing with it? I believe a lot of people are just holding on to cash because they believe that's the safe haven Even though you're losing you're getting taxed at 7% plus any capital gains tax that you had to pay Plus whatever kind of tax that you have to pay as far as like business taxes or real estate taxes or whatever else that's beside the point If you see what's happening people are going into money and if you take a look at the stock market itself Well, where's the big gainers? Well, there's not many I will tell you that McDonald's is up 0.6 percent. Hey Procter and Gamble 0.4 watch out Nike 0.11 and then Intel is that that's weird Intel is flat at 0% that's weird because I just came out and talked about how they had a low voltage low energy usage Chip that is supposed to compete with ASICs for Bitcoin mining go figure and whatever But if we take a look here on the top here commodities What's going up look commodities are going up and if you want to take a look at this is what's going on So maybe this is where a lot of the safer plays are going but again, you still have to contend with that 7% Inflation so nickel natural gas zinc tin and coal doing pretty good in all honesty So that's one of the things that are going up and there's a lot of different economists and different people talking about this Commodity supercycle because hey look people need gas people need coal I know people talk about how dirty it is But it is what it is and people need it especially they want to stay alive in colder environments and wanted off a lot of different things and also A lot of those Teslas that you drive well sometimes a lot of those different coal plants are what's charging that electricity? Just so you know But there's also another thing home prices So as you know on this channel, I mean my wife We like to do a lot of things with real estate short-term rents and things like that So when when you see things that are just kind of like getting out of different areas You want to save yourself for where is the money going into and I think a lot of things that are happening right here Is is home prices and home selling is actually at an all-time high. So this was a CNM business I know something like CNM, but it is what it is. It can't argue with numbers So it states the mean home sale price was check this out I don't know if you're in the US or Australia or EU or South America, but the median home sale price in US was $346,000 and 2021 which is almost 17% from 2020 home sales had the strongest year since 2006 with 6.1 2 million homes sold up eight and a half and a typical homeowner accumulated $50,000 in housing wealth looking at the median price from 2020 to 2021 So if you want to take a look at things that are going on and see where Prices are going and things are going that's where your money is going into now Why aren't people going into the tech stocks and the NASDAQ and things like that? It's because they don't have a lot of faith into them I mean even ARC investments Kathy Wood and things like that. They're getting hammered right now for no good reason just because they are tech stocks but if we just take a look and moving forward again my Goals are not your goals. This is why We get into or we have short-term rentals on Airbnb in verbal for days like this when the market sucks. So moving forward Maybe as time goes on you might want to take a look at the real estate market because I will tell you right now It doesn't matter What happens in the market as far as like stocks go up stocks go down crypto goes up crypto goes down I have a lot in crypto and how much in stocks but I got a lot more in real estate and it's also Worthy to note that doesn't matter what happens people got to live somewhere if you look at just the hierarchy of needs You need food water air and shelter So as these things play out it works out pretty well. I don't care We're selling or we have short-term rentals or long-term rentals people will still in this area So it's something for you as far as like decision time to may take a look at to help you out If you're so interested, I have a playlist and I talk about the way that we do things and take a look into real estate and how We pick and choose the the housings or houses or condos that we buy into using different software and Actually just the dip just a website called air DNA That's what it is. And then we look at that and see which ones are gonna work out. Also the last video was with Me and me pull this up so you can see it me and the mooch At this good moochie where he came in and talked about how he gets his clients to invest in the crypto and we talked about How we got this house now there's a flip side of that. It's called a margin call I'm gonna talk about that in a second, but just so you know, that's what we got Links in description looks something like this. You can find all the things that's as far as I call it like my wealth retainments crypto IRA, which I have And then of course masterworks, which is investing into a fractionalized share of art because guess what the super rich don't care What the market really does they still want those those masterpieces They'll still buy a ton of money for a van go for a Banksy for a Baskets or stuff that I had no idea what they are until I got I got into masterworks like in the description Then of course the playlist is right there. So that's all we have there. Let's get into Decision time and the decision time goes like this Robots margin calls So what's the decision? So when I see this market? This is just how how I think again, not investment advice it's investment opinion, but I get worried and I Worry about the future because I don't know what things are gonna happen So when I saw this article it led me to think that to myself if I hadn't because I used to work in a factory a long time ago and If I would have just kept on that road I mean would I be out of a job and if I didn't invest where would I be? So when you're thinking about yourself well, like, you know, it's decision time Just remember this that robots and things like that are coming for your job Markets are gonna be all over the place Should I do some other things? Well, here's just one thing to take into duration This was a article from Texas news today You can rent a robot worker at less cost than paying an actual person. This is a polar manufacturing Texas suppose or no Chicago they manufacture metal hinges locks and brackets in southern Chicago for over a century Last year Polar hide the first robotic employee to meet growing demand and a labor shortage. Have you heard about labor shortage? It's big. It's called the Great Resignation and of course because that shortage that could just increase innovation So whether you like innovation or not it's coming and whether the banks like innovation as far as like defined crypto It's still coming the robot arm, which as you can see right here. Nice Performers a simple and repetitive task of lifting a piece of metal onto a press and then bring the metal new shape a Robot lease from a company called Forek cost eight bucks an hour eight bucks an hour to rent this machine To do the job of a human the minimum wage for a human ploy is 15 bucks an hour I depending on different states that you're at a different place in the world. Yes, I understand Minimum wage is different But there's no law that says they can't do it and they did it polar didn't have to pay $100,000 in advance to buy the robot and didn't have to spend money to program it because all they're paying is eight bucks an hour For this guy so before when people would say well, you know You can get into robots, but it's gonna cost a lot of money just to get them there Well, not so anymore now you just lease them and that's it now. There is one caveat The factory hopes that 25 robots will be in line within five years He doesn't expect to replace any of the company 70 employees of Polar says he may not need to hire new workers That's a nice statement, but I will tell you this usually in businesses if you take a look at the bottom line They say, you know what that robots working pretty good and Pete is taking a pretty long leave and maybe doesn't come back So maybe out of the 70 now Pete doesn't come back. So we got 69 we one more What is it add another robot and then maybe someone down the line that I want to come back or they're like this doesn't working out Robots and robots so again robots are taking people's jobs. That's just how it is as far as innovation goes So take a look at in this industry Manufacturing and even Transportation there's a lot of different robots out there that can deliver a lot of things So when I take a look at that it causes concern on top of the fact as far as like getting into the big decision of what we should What I should do with my crypto digital assets. I received this This is called a margin call from Celsius and it said look Rob We know you took out a nice loan to get this home Now if you watch the video that's we were just talking about this was The one over here how we bought this house here in Puerto Rico You'll know the whole story and the whole percentages as far as like how much we put down How much we used in loans? How much we sold for crypto? How much we got from other businesses and so on and so forth. It's not cut and dry but Because of these different price drops There's a margin call and that margin call and people will say well Rob, aren't you aren't you on leverage now? Well, I didn't say hey I wanted 2x or 5x or 10x my crypto What I said is you know and for sales has said look I need a loan and I'm gonna give you Double the crypto you're gonna give me half in Dollars or I could have done triple which I did and not alone Tripled up my crypto and I gave me a third of it or I quadrupled so I've pretty highly collateralized But in one loan I wasn't so I said look Give us some more crypto or liquidate you. I was like well Here's the decision that decision was this I'll give you more crypto and then the other decision was this do I want to sell right now and get out right now? Even though I think me personally again. I can't tell you what to do me personally I think we're gonna go lower. I think I have no crystal ball though So when I take a look at this and I go well, should I sell right now? I couldn't sell and then maybe I could just take a 10% haircut if it goes back up and then I can get back in But for right now for what I have I'm not going to sell the next question is are you gonna buy? Because we always talk about buying the dip and for me I think that right now I am not gonna buy this dip because I think there's some more pain coming And if that is the case, then I'm gonna wait a little bit now I could play another way and say well I'm going to buy this dip and then wait for another day or so Maybe it goes down and then buy that dip and then buy that dip and by that or I can break it all up again There's a lot of different ways to play it, but I still do think there's a lot more pain coming in So I'm not gonna buy this dip. I'm not gonna sell sell I'm not gonna buy anything and that's what I am going to do now You are welcome to do whatever you want whatever you think that is best, but that's what I have and And I'm also gonna answer this margin call which leaves me my last point Make sure if you get a margin call that you answer it probably they will liquidate you but they give you a lot of time So it's okay. So that's what's going on. So let me know what you think about that in the comments section And let's talk about our last thing some follow-ups Tony from thinking crypto Sunday swap and the meetup so real quick I don't know if you guys know Tony from thinking crypto. It's got a YouTube channel. It's had it for like ever nice guy does some good interviews and YouTube just yanked his channel. So if you could do me a favor Either go to his Twitter account. I'll have it It's it's at thinking crypto or just follow me. Just follow me in the At news asset for Twitter and it's the very last tweet that I just put out and just tweet at YouTube and ask him Hey, why did you take away Tony's channel because he hasn't done anything? So usually it's supposed to be three strikes and you're out But now YouTube is getting into the process of starting to ban YouTube crypto channels again Tony's is the only one that I've heard of but I find it unacceptable that they do these things because it's a major loss so if you can just help me out me and Tony here and Just tweet it at YouTube or at YouTube creators and just say why did you do this? Please restore his channel? That's all I ask and then also We're going to have a meet-up in Puerto Rico yet again. It's a place called the San Juan smokehouse yeah, San Juan smokehouse and This will be Wednesday from 4 p.m. To 6 everybody is welcome And I was talking to one of the guys that runs it and he said this is a he's like well You can come on Thursday for country or Wednesday for the blues and I said well because of the crappy market I think we'll just hit the blues and drink our woes away so Come out there meet up with me I'm usually the first one at the door greeting everybody and just come on out and then also and I'll I'll talk about this again and again, I'll post on Twitter and also Sunday swap Sunday swap as I told you before they're gonna have some issues They're gonna have some hiccups and then indeed they did they did slow down There was a lot of congestion and I said just like Sunday swap put out. They are going to put out a Post and they said hey We're gonna have a lot of problems beginning and we'll fix them as we as we see fit as we go forward and we'll throttle things But over the first week or so it's gonna be kind of bumpy and that's exactly what happened on the other side They said to relieve some of this congestion different problems. They're gonna open it up to other state pull operators and guess who that is this guy so for if you if you stake your Crypto or your Ada your Cardano with D news just leave it right there because for the second Epic that comes about third fourth and fifth. We're gonna be able to Give you your rewards and Ada and also in Sunday swap. So I now I'm kind of kicking myself because Last week four or five days ago. I said that we weren't a part of it We were on the wait list which is which was kind of like the participation award Which you don't get squat for that and it was just the top 30 and I said these top 30 You need to leave my pool if you want some Sunday swap Rewards and it wasn't the most popular Thing that I've I've done as far as like for my pool But it was the best thing for people who own Cardano and I'm like well If you want those rewards can go over there because I can't do that for you but now I can so just leave every if you're still with the D news just leave it right there and Everything else to work out and that's it. So look that's it. What's going on today? I would talked about a lot of things, but that's there's a lot of nuances out there and Who knows what'll happen? I still see like I said some more pain is incoming. So decide for yourself What's gonna happen? I can only tell you what I'm gonna do. That's it. So let's open it up. Just a little Q&A Go from there, shall we? All right, so what we got This is pretty good Alchemist says crypto tubers are worthless. That's could be true and Yeah, always nice to hear from Alchemist Today Twitter crypto gurus don't talk that much. Yeah, well, I It's not easy to put out the videos But I think it's important that we do so because you know what I'm here when we're on the gains, right? We're all rallying around to they're going. This is great. This is great, but when they Proverbial shit hits the fan You want somebody out there to be like, hey, this is what's going on. This is what's happening. Yeah, I know it sucks But over time gonna be all right and remember like the same thing happened to me in 2018 I got in 2017 2018 bottom dropped out. All I did was dollar cost average worked out. Okay. It's just time And I know that you Statistically a lot of people have gotten in 2021. I know it sucks right now. It's the same thing happened 2017 2018 But it's just takes time time in the market is more important the timing the market. That's just the truth Let's see We need regulation and crypto I agree I wholeheartedly agree US government did it pretty well in 1996 with the law 230 which allowed for the internet For internet companies that I get sued for the things that were actually said allowed the internet to flourish There was a it was a law that was passed pretty much hands-off and allowed things to actually grow That's all we need right now. Unfortunately. We need Gary Gensler and I know Gary I know you watch the channel. So if you could be so kind don't be so heavy-handed. That'd be great Great Thomas the Mercadine was your man. Thanks, man Micro strategy going bankrupt doubtful That's question one. No Well, Charles has bites on pieces. Yeah, this one's a little bit long. Yeah, you got me on that one Thoughts on Bitcoin to 20k Nothing's off the table. Nothing's off the table. I will say this though If you take a look at the whole reason behind why the stock market is going down so much It's because the stock and crypto in general because we are correlated. It's because there was such a huge Gain in 2021 27% is unheard of usually you're looking at 9 or 10 percent in the S&P 500 People are like I need to take some profits and then also they're worried about that Jerome Powell Fed is going to raise not just one time but four times Those rates and I don't think he's going to do that because if he does that then that would crash the market Also, don't forget in the US. It's a election year. It's midterms, you know Senate things like that so It's really important that they don't screw up the economy too bad right now because they want to get elected So I think what's gonna happen is that they're gonna They're gonna raise it a little bit and they're gonna say well, we'll put these things off And then we'll kick a kick to kick the can on the road for a while. That's how I see it And what else Question number two will you be selling? No, I said I wouldn't be selling but I will not be buying this dip I think there's gonna be a lot more Going down the pipe. That's what I can see okay So question Kristen Howells you're robbed we get both Ada and Sunday staking with you now never left gonna say my view and see me Oh, great. So you're not gonna get it right now. It's for the second epic, which the first epic is Tuesday gets done and then after that then I will be involved in the second third fourth and fifth epic That's just how they did it. So if you don't want to if you want just leave it there It's a lot easier. You can switch it over to another one But then you got to switch right back so whatever and then one of the reasons why that they did this is because a lot of the Those 30 state pool operators. They were becoming saturated So yeah, it went once you get saturated in a pool your rewards go down. So it's like Robin Peter to pay Paul or that's called Thanks Dan many in the bunkers. Yeah, that's true. Yeah, man, you got to you got to get out there Like look, I mean, I know people won't be too happy today. That's why I did it. I mean sucks and Tell me I appreciate you sticking with the updates when it's the long haul. Yeah, look I've entered since 2017. I have no plans of going anywhere. I'll be here for a very long time When all my gray all my hair turns gray not just the sides This is a great question. The third question Charles can can it says Rob? When will you continue to DCA? not FA and I gotta tell you like here's what's gonna happen I'm gonna wait for things to go down and down and down and when there's a Solid reversal when I see the sentiment go up When I see the stock market also go up when I see NAS that go up a little bit and not to like 30% gains But once I see a solid point, then I'll get back in and right now I don't have the faith that it's gonna do that. So I can't buy this dip You don't have to do it all the time I used to go all the time and I'm all dipped out. So I learned my lesson on this one like hey I'm just gonna sit back and just wait Because I think there's some more pain coming and I will tell you this this is where everybody makes a ton of money I remember in 2008 when we had the financial crisis me my wife had a friend his name was David believe about his last name and He had a ton just that he had sold a bunch of properties in 2005 and six He missed 2007 because he said things are getting too overheated and all's he did all's he did was just wait and 2008 came came in past then 2009 came and he bought up a ton a ton of property in El Paso if you want if you rent the house probably David's and He made a killing because the prices were something there. We're just so ridiculously low That's where everybody gets rich and it's just the truth and it's it's hard. It goes against what we Feel to do but it does happen Cardano less than a buck. Yeah, I think so pretty sure Cardano well a dollar seven let me refresh this remember this number 1.707 One points to get it great. We lost even more. It's always great But they can still buck Still doesn't matter market cap goes down Okay Rob's here's question. I would love to know your input on a new exchange coming out called Dar exchange the CEO there seems to follow your dollar average bossy and Haven't reached out to me. I've no idea that is but I specifically like certain exchanges that allowed me to dollar cost average easily and Coinbase allowed me to do that Cracken Gemini allows me to do that Voyager allows me to do that And I just like to set it in just to set it and forget it for a couple days or for weeks or months And just let it just in the background just to cumulon to cumulon. That's what I did for four years Well, not four years actually for the first two years that wasn't even an option Then then it came out option much easier now so And then T Walker, can we still stake it with you? No, look anybody can stake and on the D new stake pool You get saturated at 63 million We have two stake pools and the reason why we did two stake pools is because we thought when we did the one We thought that they would go from 63 to 32 million and we were just going to Just have to with 32 million But that didn't happen. They kept it at 63. So we're very we're like it We're like a 20 million on one and like 25 million on the other. So we're way far away from being saturated. So that's it What's my here's the fourth question? What's your strategy now? The strategy now is just to sit back and wait sometimes. It's just it pays to be patient I know it's not something that's not very, you know Enticing way to look at things, but sometimes you just have to wait it out and just take a look and sit back and go Is this the lowest it can go? Can something else happen? Especially? I'm curious to see what's gonna happen on Monday When the traditional stock market opens up and see exactly where things are they keep going down because if it keeps going down On the stock market, you know for a fact Crypto into the assets will go down if they if they pick up a little bit Then I might actually consider buying this tip because let me tell you over the last 24 hours. We've lost. Let's just take a look I'll show you right now. I'm gonna blow this up Over the last 24 hours. Oh No, let's just accept. Yeah 24 hours 10% when it went away in Bitcoin in a week It's been 20% a theorem 27% Binance going 27 and so on 36% for Solana So if you think that we're gonna make up that much ground in one day, you're out of your mind So I'll be okay sitting back and going. Oh, it's up 5-10% Let me buy this this retracement of a dip that's what's up and then Lastly Stanley will Stanley White House announcement next month on crypto more bad news or good news No, I think what they're gonna do is the same thing that Drone Powell and the Federal Reserve came out and they said we're looking sharply into a digital dollar or a stablecoin or a CBDC, I think that's gonna be their play then off they go. I think that's I think that's why Gensler is so adamant about pushing forward with Ripple and then saying that there's what he say there's over a thousand securities and crypto or even more so so I Don't here's the thing if they say that all crypto is a security fine Just listed as a security. You know what else are securities all the stocks that are in Robin Hood Robin Hood seems to do Okay stock seems to do okay. Let's just get this crap out the way and just move forward I mean, it's not that it shouldn't be this hard It really shouldn't and once we get clarity then I think we're off of the races, but that's all I got I Saw you in a true classic tea advertisement. Yes true classics I It was a funny thing. I agreed to be an affiliate and all of a sudden I'm in their commercials. It's amazing and that's it Lastly Dougie Dougie stone. Love you. Love you too. Thanks for the cons only PR And just a reminder will do that Puerto Rico meetup and that's it for today. So look not the Not the day that you'd like to have But the advice you want it or not the advice The video that you probably wanted to see but it is the truth and it is what I am doing now It's up to you to do your own research and figure out what you're gonna do for yourself This is what I'm doing and that's it So look if you liked that video found a little value, maybe talk to you off a ledge or something Give it a thumbs up also consider subscribing to talk about our time sensitive and also don't forget to go to Twitter Find me over there at news asset and retweet that one about Tony from thinking crypto because YouTube just 86 his channel for no good reason. That's it. Thanks so much appreciate it. See you the next one