Cryptocurrency

DCA LIVE! UPTOBER CANCELLED? EMPLOYMENT DATA = MASSIVE FED HIKE?



Unemployment numbers came out and GOOD NEWS = BAD NEWS. What this means for the traditional AND crypto markets and how we are handling it.

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JOBS REPORT – https://www.nytimes.com/live/2022/10/07/business/jobs-report-september-economy?WEBHIGHLIGHTS_OPEN_AUTH=TRUE

EARNINGS REPORT – https://www.bls.gov/news.release/realer.htm#re_table1.f.1

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0:00 – INTRO
1:45 – UNEMPLOYMENT IS DOWN. WHY THIS IS BAD AND WHAT THE FED WILL DO NEXT.
14:30 – JOB OPENINGS ARE DOWN AND WAGES ARE DOWN. IS THAT ENOUGH TO COOL FED?
19:10 – WHAT ARE YOU DOING? SITTING ON YOUR HANDS OR RUNNING INTO THE BUILDING?
29:40 – BEN & ROB RANT: REALITY V. HOPIUM
32:30 – WHAT GIVES YOU HOPE FOR CRYPTO?
42:01 – Q&A

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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! This channel is for entertainment purposes only and is just my opinion as I am not an expert or a financial planner. Please perform your own research.

32 Comments

  1. I remember as a teenage kid of the '70s I had 3 part time jobs. I was earning just as much as my father + I was going to school. Then I joined the RAF. Took a pay cut.

  2. I think the perspectives could meet, right now the market is bleeding down but a critical market segment failing could bring the pivot much quicker than it currently looks. RN bleeding, soon panic and pivot.

  3. It’s remarkable how wrong James has been over the last 6 months to a year. I’m guess at this point his followers trust him because of the cool accent. It’s definitely not because of any of his calls…..

  4. Great trio. I love the varying opinions regarding what "could" happen. It's such a balanced show. Rob, you are a skilled host and such a gentleman. Grateful to you all.

  5. Thanks Ben on your outlook. I do agree that you got to prepare for the worst outcomes. Thanks for your non financial advice.
    To James, thanks for sharing us your insights which are a wonderful gift.
    To Rob, thanks for this DCA and bringing us your views as well.
    I love this format and it’s just compelling as an investor to have you gentlemen on here. Thank you

  6. Ben , I Love the Negativity!!! Keeps things REAL. I sure wish i had Been watching you last year instead of a different Hype Ben .

    Great content Guys. ❤

  7. Priceless …. James doing his usual 'the bottom is in' BS and Ben shaking his head in total disbelief. James has been wrong so often, running into burning buildings, backing up the BTC bus @ $40k, the SOL bus at $160, TSLA @ $280 and all the way down etc etc. Lucky I make my own decisions.

  8. Another great DCA fellas! Rob is a pro. It cracks me up that so many think of Ben as the "negative" one. Simply because his feet are firmly grounded. But that's crypto space in a nutshell…an echo chamber where peeps are OD'ing on hopium and delusion. I'm living for an ugly 2023…the uglier the better…where the whole world only starts to crawl out of this mess early 2024. Funding Liquidity is so important…and that shit ain't flowing for a while…

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