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What’s up you guys it’s Matt here let’s talk about uh investing in crypto right I want to talk about the crypto Market as well as I want to talk about my um kind of Marx account show you where things are today because um yesterday it didn’t look as positive in the beginning

Of the day then throughout the day it started to look sort of flat and a lot of people questioned whether you know my video of it being a blood bath was warranted because as they were looking at the market it wasn’t really as red as when I was looking at the market and

Really it all depends on the 24 cut off of something like um you know coin market cap or whatever the cryptocurrency viewing site is but let’s talk about the market today and where it stands um just give you a full update on what whatever is happening within it as

Well as take you through um you know Marx and show you what investments I made yesterday um that it looks pretty positive and could end up having a larger outcome it could also um have a a negative outcome in in the end but let let’s talk about this and what I’m

Expecting out of it so guys hit that like button hit the Subscribe button hit that notification Bell for more of these videos also make sure you check out any of the links that are down below it does help out the channel and if you want to

Um sign up for Marx which will be the platform that we look at in this video sign up from Marx with the first link that’s in the description you can do that easily um by clicking that link and it’s so easy to sign up and you can

Trade up to 100x leverage and I’ll show you why that may be a benefit throughout this video so if we look at um the crypto market today it’s currently at a$1 1.66 trillion market cap and it’s up 1.24% uh if we look at the dominance uh bitcoin’s dominance is hovering above

The 50 uh percent level but you know it’s going above and below depending on what’s happening with Bitcoin Bitcoin is looking a little bit more positive than a lot of other things in the market but then there’s some things that are blowing up a lot more so uh if we scroll

Down here and look at the the top 100 maybe the top 20 or something we’re going to see that Bitcoin is up by 1.4% and we’re seeing it at 42,500 right now and uh ethereum is sitting at about 2,300 up 1.6% or 1.16% now you’re seeing salana that’s up

1.4% still above the $100 Mark xrp that’s at about um 62 cents up. 28% so not as much cardano’s up 1% Avalanche is up 2.2% after the fall that that did have Dogecoin around the 9 Cent mark up 6% polka dot is up 3% polygon is up

About 3% as well chain link um you have um Shibu you have internet computer um ICP that’s up uh 35% today which is definitely uh very very interesting and is a top play um it’s currently standing at this level where you see uh $13.56 Litecoin up 1% and so on and so

Forth so you see a lot of things that are um you know slight slightly up I would say it’s more or less borderline flat uh but when you look at the top two positions that are running uh or that are moving they’re moving in the positive direction and when they move

They move aggressively and it pushes the whole Market in a certain direction because Bitcoin has a a lot of push right when that moves 1% you’re talking about an $832 billion market cap moves 1% versus everything else in the market that may be tens of billions or even hundreds of millions

Right so uh anyways you’re seeing those two at those levels let’s look at what’s moving the most within the market again internet computer is up 35% you see teller that’s up uh 25% as well that’s you know just making a move overall I know some people are involved in that

They’ve brought that up in live streams and in videos and I’m I’m happy for you guys for how much this has run because it went from a level of like $70 I believe if we look at the last like month uh it went from a level of

Like $76 all the way up to $300 where it is now up uh 298 per. so that’s phenomenal to see that growth the volume of the market cap ratio in the day is 28% you know that you have a lot of volume compared to the market cap that’s

There so a lot of ins a lot of outs and if it was just primarily um the buy side of things you would see this up a hell of a lot more than where it is right now but anyways um it is up um you know what 300% over

The last month over the last 7 days it’s up 64% and the last day it’s up 25% so things are definitely moving quite a bit and when it comes to other things like internet computer that’s up quite a bit you know we’ve seen this move in the

Last month as well and it’s up uh 200% in the last month this has been consolidating since that first rise from uh $4 all the way up up to this high of about $11 decreasing down to about eight and then you see this consolidation

Where it goes up to 10 down to 8 up to 10 down to eight and then now it finally breaks out again you see that uh bull flag that consolidation leads to a larger push and once it broke through this instantly it just started to rise

Even more and now you see it at a level of $136 or sorry $13.60 up 200% in the last month up uh 37% in the last seven days and up 35% in the last day uh volume market cap ratio on that is about 12% as well so $741

Million in volume so congratulations to the people that were invested into that in the beginning I made money from this a long time ago um when it push up to like $75 um but you know I didn’t get into it recently I know a lot of people have

Been questioning and asking me hey are you going to get into this I’m not going to get into every single play in the top 20 uh I have a lot of plays that are in the the top 20 and I will not get into every single play that’s in there now is

This moving more than a lot of other things that are out there absolutely um but all of those other things will also have their times to move as well if you end up overwhelming yourself with uh 20 different plays the top 20 and you know you have one player that’s running and

All the rest of them that are not it’s just not something to where you feel like you’re putting your money into uh you know maybe a place to where you feel comfortable and instead you’re just throwing it absolutely everywhere which as which honestly hasn’t failed it’s not

A something that you can consider it a failure if you do put it everywhere it gets you more diverse and you could see how that has benefiting me in my Kraken portfolio but honestly you want to focus on a few plays you do want to have a diverse portfolio but not be over

Diverse um you want to make sure you have your your hands in a few things and things that you truly believe in but if you want to play it safe there’s always that option of trying to grab absolutely everything so anyways that’s where internet computer is that’s where the uh

Market is right now let’s look at things that are decrease in the market if there’s any notable names within there so you have FTX token that’s down to $329 still significantly higher than where it was before the thought of FTX coming back so that’s still not something you can be like super

Concerned about so FTX is up by or sorry down by 7.6% uh you see ton that down by 4% Casper down by 3% uh Stellar that’s down by so xlm it’s crazy to see xdc up as much as it is it’s up like six or 7% and

Then see xlm that’s down xrp that’s slightly up so um yeah and then you have cake that’s down you have uh Leo that’s down and and so on and so forth right immutable so anyways I also wanted to get into something else right if you guys haven’t seen uh Marx or haven’t

Started trading with Marx I suggest you go and trade with with Marx go and find um uh you know your stride and investing into here you can do it very in a very simple way right you could invest into plays with $100 and do a 100x uh

Leverage if you want to or 50x leverage or you can invest with $10 and do a 100x leverage and give yourself 10 chances right there are different ways to day trade there are different ways to swing trade and the way that I like to do it

Is kind of both ways right when it’s shortterm I don’t like to hold up a lot of money I don’t like to hold up100 or $200 or $1,000 while it’s also at a 100x leverage cuz things can completely go against you right but I will do something shortterm if I feel as though

It’s going to bounce off of a major support level then I will uh invest heavily into it and see that run however for like longer term things especially when I have a lower amount of money that’s in the actual exchange I’ll put $10 in here I only invested $10 and went

Or here was uh $7 at 100x uh leverage and got me $718 worth of um you know BTC which is now up 169% um uh on this investment and I’m up $124 $228 up 171% then you see um that I’m up 12% on this play which is uh xrp I

Traded xrp with while I used um a as a form of Leverage and I’m up 12% or $1 and uh I guess now it’s 9% up $1 12% now this is something that I do all the time where I kind of force my hand on liquidation so typically what I like

Doing is I’ll invest $100 and I’ll only want to lose a like $10 or $20 so I’ll get stopped out however if I set myself with what I plan to invest or what I plan to lose and it does go against me I only lose $10 right if I invest $100 I

Lose uh you know I could lose a little bit more than that I would have to take it upon myself to set that stoploss and also make sure that stop loss goes through which you can never like fully trust a system even though I I do trust

Marx and I have um uh had a lot of positive things come out of this um you just always want to make sure you leave it upon whatever the full liquidation could be so I got fully liquidated which would be $10 I have 10 more chances to

Uh play this out and see this thing um absolutely uh Skyrocket to maybe another level um and you could see like for um xrp what my profit Target is it’s $1 what my profit Target is for um you know Bitcoin which could be somewhere around let’s say the

60,000 60,000 Mark right it gets the 60,000 Mark and that is a 4,300 95 uh% increase and is that crazy to say no am I letting that live for a little bit longer of a term absolutely and I end up gaining a lot from it while only

Risking $10 now if it doesn’t go my way and it gets all the way up to 55,000 and somehow decreases down my liquidation price is 41,321 th000 then you know it’s it’s not something that was that was meant to be within the crypto market and also it would be a

Very very negative time within the market I feel like it’s going to be you know more of a bull run and things are going to increase a lot more than that so will that be game-changing amounts of money no 4,000% is only going to be a

$400 gain within there but a $400 gain is better than not having that $400 gain at all you know what I mean so I invest $10 here invest $10 there and um see things flourish in a a lot of different plays and then end up gaining you know

400 500 600 you know whatever um you know dollars from that so and then I also have the more aggressive plays to where I put more money in there and it’s going to be more short term so if you guys want to start trading with Marx

Feel free to use my link down below um the link is in the description you can trade up to 100x leverage on things like BTC on ethereum on uh B&B 50x leverage on xrp on Soul 25x leverage on shib on Pepe things like that so definitely go

Ahead and check out that link down below if you guys are interested but I’m going to get out of here thank you so much for watching and I’ll catch you guys in the next one see you