Join us live as we discuss the Blackrock’s impending Bitcoin ETF approval, the coming drop in Bitcoin dominance and the effect it will ultimately have on altcoin season.
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Oh What’s up how’s everyone doing welcome welcome welcome sorry I’m a little late the lighting man the lighting but I’m here welcome back this is one of two weekly live streams if you’re new to the space my name is Dub digital I come on here two times a week
I talk about crypto I love crypto that’s what I like to talk about I like to talk about crypto people um I do this twice a week uh at 12:00 p.m. Pacific Standard time and we have large overarching topics today is going to be about what I
Believe is a Al a forthcoming altcoin season following the Bitcoin ETF approval whether that’s in a day whether that’s in a couple days a couple months doesn’t really matter what I see on my chart indicates that may be the case so we’ll look at that together but
Before I do that guys I’d like to say what what up this is a very conversational and interactive stream I like to get to know the people so let me say hi to the people how you guys doing 10 people wow wow wow 11 people say what’s up I like to I
Like to get know my my my my peeps when alt season we’re going to talk about it I can’t give it to you right up front man come on now nine people I don’t they don’t like it they don’t like it good day good day welcome welcome Pepe to the
Moon yeah man that’s how you know um allcoin season is really back the meme coins be popping off keep a eye on Meme coins and uh We’ve yet to see uh the the Doge father really pop off too I think that’s a really good indicator but uh yeah guys I’ve been
Doing okay you know how’s your week all right mine’s okay new setup new lights takes a little bit more time to set up I got to get better at that more pun ual more punctual but yeah I think that Al season is right around the corner the reason I think that is
Because of the Bitcoin dominance chart which we’ll look at just a little bit but guys you got to know how Bitcoin typically moves in Cycles right off the bat Bitcoin starts rising up off the bottom and it does so for an extended period of time during that time Bitcoin Maxis start saying I
Told You So laughing posting all these like memes and stuff calling pretty much everyone stupid but you know what ultimately follows that because Bitcoin has a bigger market cap even though it moves that much the greed is still real right if you’re sitting on a bunch of Bitcoin profits chances are you’re probably
Going to spread them around in fact that’s what typically happens and that’s what the allcoin dominance chart typically shows and when that money gets spread around it trickles down into in the um cryptocurrency ecosystem into smaller market cap cryptos pretty much every coin beside is like smaller than Bitcoin right so that
Means it needs less money to move it a greater percentage so when the millions and millions and billions of dollars that flow into Bitcoin that’s great but you know like the rocket fuel is really an allcoin Forest now with that said there’s gives and takes right if you
Want more percentage gain all coins are where you want to be at there is more inherent risk but everything is given taking life right we’re going to look at in a second but let’s say what’s up to the peeps Bitcoin Genie is asleeping giant LOL for those you don’t know one of our
Um our ride or die Watchers or viewers or subscribers um made a coin call Bitcoin Genie dad master I don’t think he’s here today but uh we’ll have to see what happens he made a a coin and just gave it to a whole bunch of the community
It’ll be hilarious if it pops off absolutely hilarious hopefully dab still put in some Dev on it LOL I don’t know I don’t know if he is the dip under 35k will be the last dip to parabolic we’ll see doesn’t even matter at this point like I don’t know when you
Guys got in crypto but the longer you’re in crypto the less you care about dips like dips come and go pumps come and go go everything comes and goes right so if Bitcoin dips down one more time fine whatever we know where it’s going we know exactly where bitcoin’s going
That’s to the Moon right I’m tend I tend to be higher higher level thinker right I know where bitcoin’s macro wise is going to go do I care about the small fluctuations in between not really because I’m not trying to time this stuff like that like my paycheck
Isn’t like determined based off of the next move on bitcoin I know that like if I’m able to get to where I know Bitcoin is going to go I will profit hugely greatly in fact see but a lot of this is like position sizing a lot of this
People the term investing tends to be very misunderstood there isn’t just investing there’s different time Horizons of investing you got Traders you you got swing Traders you got macro investors they’re all different they all have different time Horizons what time Horizon are you and like that’s why I
Suggest guys if you’re a long-term kind of thinker if you you like to invest with the trend you’re going to want to find a highlevel kind of like macro investor that deals with like long spans of time you’re not going to be want to you’re not going to want to get wrapped
Up with someone trying to trade the one minute the five minute the day-to-day that’s not really your time Horizon so what I’m trying to say is get to know what investor you are get to know yourself and then you can align yourself with people who have similar expectations because there’s nothing
Worse than getting into crypto following influencers following people doing what they’re telling you to do and then like it doesn’t get you to where you want to go you know what I’m saying I tend not to be too uh shortterm I mean there is there is times and places for everything
Right I mean everyone could be a short-term Trader during the E Euphoria phase but that’s few and far between that time doesn’t happen very much you know just for me I’ve seen so many short-term Traders come into crypto thinking they know exactly what’s going to happen then they get wrecked
Portfolio is gone they can’t last you know like investing is about lasting it’s not about being right it’s about getting to the end goal you know I mean 11 people it’s good we talked that we talked that okay guys let’s get into it uh let me share my screen real
Quick and I’ll show you what I’ve oh hold on hold on I got to shill I got to shill my stuff man real quick if you guys are on X follow me on YouTube if you’re on YouTube follow me on X I just dropped my x uh account and let me
Drw my YouTube real quick I’d appreciate it I’m trying to grow both places I’m simultaneously streaming I’m stepping my game up but I can’t do it without your support algorithm something something something fill in the blank but I need your support and if you guys see my um
My content come through just do me a favor give me a give me a thumbs up do me a favor give me a thumbs up on this on this stream right now it helps me get to more people thank you I never ask for your money but it doesn’t mean I don’t
Appreciate a like okay let’s get into the real stuff check it out let me share my screen let’s get this down here I don’t need that present share btcd let’s go all right y’all so basically this is the Bitcoin dominance chart let me get off the week let me get off this
Volume this is the Bitcoin dominance chart so what is bitcoin dominance it’s basically how much money is in Bitcoin at any given time and how much money is not like in the rest of the market at any given time and I’ll walk you through real quick so you have understanding if
You already know what it is bear with us please we got new people here the basically altcoins weren’t really a thing until 2014 um I’ve gotten a Bitcoin before any altcoins really around but then we had a few we had like feathercoin redcoin Litecoin Dogecoin came out 2014
There was like a handful of altcoins though so the altcoin market was very small um we didn’t have any kind of altcoin Seasons yet there was no indication that was going to happen however as this chart develop you’ll start to see small drops in the amount
Of market cap in Bitcoin 2017 was the first large altcoin season that we ever seen um I think from the top to the very bottom all uh Bitcoin dominance Dr dropped 62% and you can see that it was considered oversold based on this RSI down here which is relative strength
Index um typically after all coin season there’s a big retracements back upwards um think this was the bare Market of 2018 2019 and Bitcoin dominance recovered from the lows about 100% then it dropped again in 2020 46% and it’s been rising up since 2021 ever since the reason I walk you through
It is to show you Bitcoin dominance never stays static it’s always moving it’s always fluctuating undervalued overvalued overvalue typically in times when bit the crypto Market is doing horribly like bare markets people are focusing on security on preserving their wealth and for that reason the best
Asset to do that digital asset by the way is Bitcoin but in times of greed right when we’re in all-time highs you know we Blue Sky Breakout people jump in allcoins okay so I like to navigate myself in crypto by looking playing the Bitcoin you know growing in price and
Altcoins growing in price I’ve been lining myself up to pretty much profit from this next altcoin season coming now why do you think why do I think that altcoin season is coming well I think weekly actually shows it a little better so this is a rising wedge that
Typically is a reversal pattern in charting right and we’ve been pretty much in the confines of this all the way since October 2021 we’re damn near near the the resolution of this move this thing could drop anywhere from the last third on and it hasn’t however we have broken down
Past this support area it’s climb backed in we have to see what happens however this thing resolves around the having which is April of this year now with that said we’ve already seen it puncture down to the downside a little bit will it do it again time will tell but what I
Am saying is this this is typically a pattern of exhaustion which indicates at some point Bitcoin dominance should fall out of this pattern just like it did in 2020 before we had this 46% drop so how far can this drop I mean this is a measured move you take this
You apply it over here at least to 41% that’s conservative right so this isn’t like 100% but I want to give you guys a understand my thought process here and that’s only to like you know back to where we were in the drop of 2021 let alone going past that point in
Bitcoin dominance but I will say this guys Bitcoin dominance has been rising for like 2 years straight nothing goes up forever right so big up big down the only difference with Bitcoin dominance Rising is it typically takes time to play out but when it drops it goes down fast
Um just to give you guys some perspective the Bitcoin Dominus drop from 2020 to 2021 that the was the last allcoin season we saw that took about 112 days so a little over 3 months so Bitcoin dominance rises in years drops in months so with that
Said what’s going to be the Catalyst to that I’m not quite sure charting doesn’t typically tell you that but we have a lot of things lining up for April of this year we got well we’ll have to see when the Bitcoin ETF gets approved right because they’re saying like tomorrow
I don’t know about all that but we do have the having coming up in April we have this pattern concluding in April I don’t know when they’re going to go live who knows but I’ve shown a thread on my X account detailing this in length so go check that out I think I
Could drop it I’ll find it later but what do you guys think I learned not to obsess over the chart after sleepless nights I looked at candles when I closed my eyes my hair fell out the anxiety was killing me yeah yeah I mean crypto has a way of
Doing that to you you know especially if you have a lot more than you’re willing to lose in it but hey I know how it is bare markets are very stressful times that’s why I kind of adopt the longer term investing thesis is right I know where it’s going I position
Correctly it it goes It goes up and to the right you know you can’t forget about this stuff man and to be honest to invest correctly make sure you don’t and what I mean by that is don’t don’t put like your whole life savings and your rent in
There like then then you then you need it to play out in a way in a time frame that suits you but you know crypto never plays out in time frame that suits you it’s always trying to screw you and I say that with love crypto but sometimes
Man Bitcoin does not move on your timeable seven people what’s goody but yeah that’s what I see coming down the pike y’all I see Bitcoin dominance dropping q1 of this year and the rest will be history we’ll see how it plays out but yeah I’ve been
Been looking forward to this I mean my altcoin bags are packed they’ve been packed they’re super packed now um my biggest bags right now are Bitcoin ethereum when and ethereum classic um and I’m looking forward to it man it’s been way too long y’all could probably agree it’s
Been way too long since we had a last all coin season and even the last allcoin season was It was kind of trash it not every allcoin popped up off in 2017 the altcoin season was ridiculous it didn’t matter what you had Bitcoin was going up everything was going up
Bitcoin’s going down altcoins going up everything seemed to move in tandem except Bitcoin to altcoins last allcoin season we saw some decoupling of even allcoins against each other right we saw like separate niches go off we saw memes go up we saw ai go up we saw metaverse
Go up but that was about it and that’s why I think we have an even more exponential price move to the upside this year next year but I’m I’m banking on this year because we’ve had such a it was so irregular the last cycle and that’s why if you guys know me
At all I was a big believer on the four-year cycle um but let’s be real guys the fouryear cycle didn’t exactly play out as it typically did last cycle we missed the whole euphor phase right we made a marginal high on the Bitcoin chart so with that said to continue to lean on
The for your cycle like its gospel even though it didn’t really perform that way last time I think would be a mistake what I think’s happening is we have expanding or lengthening Cycles right I think that Euphoria phase is actually coming up I think it’s head faked a lot
Of people out of the market and um they’re just expecting diminishing returns just to drop the bag when crypto goes ballistic and what would cause crypto to go ballistic a lot of things well having typically does it but let alone that a spot Bitcoin ETF that goes
Live that allows 401K money to come into crypto would do it too and that’s exactly what we have coming down the pike the fundamentals have never looked better in my opinion ever now a lot of people say that the bit ETF would be fundamentally bad for
Crypto I mean I agree to an extent but I always got to ask myself or I ask those people what do you mean bad for crypto That Wall Street would control crypto they can’t stop me from sending a Bitcoin to you or you sending a Bitcoin
To me the only reason Wall Street could control crypto is because we allow we allow them and we play inside of their their um gateways exit and entry point points we all try to get back out into Fiat the only time crypto is going to actually meet its full potential and service the
Amount the max amount of people around the world is if we go crypto to crypto but I don’t buy this whole thing wall Street’s going to control Bitcoin through an ETF and stop using the Fiat I mean that’s the only reason Satoshi made Bitcoin was peer-to-peer digital cash shout out what do y’all
Think y’all are quiet today what’s going on you guys feeling okay and I got one viewer on X what’s good I see you yeah man it’s going to be interesting for real I think the rubber’s about to meet the road and let’s do it already I’m tired of waiting
I am so tired of waiting let’s go what is let’s let’s make it happen and you know like I think we’re still around the disbelief phase because a lot of people are saying oh you know this or that Bitcoin is not going to go up if people
Are expecting ETF to get approved then it’s not going to get approved well I mean guys it has to get approved at some point and it’s not exactly like it just happened out of nowhere this thing has taken so long we’ve been waiting for a spot Bitcoin ETF since
2017 so like at some point this thing’s got to get going you know what I mean make sure to follow me on X y’all I post uh shorts X YouTube and I do this stream twice a week seven people what’s good how you feel how you feeling crypto got you down
How’s the bare Market been what do you think is going to happen I like to know Tito would you ever sell your btc’s at alltime High hoping to buy them back when the market goes down again so I’m probably going to sell like 80 to 90% of my crypto but I’m going to
Always going to keep I want to always keep you know things happen but I I want to keep my initial Bitcoin I bought right because like at the same time crypto goes through periods of overvaluation undervaluation but I mean there’s no there’s no guarantee I can get it back
Right and then the off chance that I can’t I always want to be exposed right like I don’t you got to change the way you think about investing it doesn’t have to be all black all white all in all out right you can be part in part
Out you can be mostly out part in and that’s what I plan to do I I want to be mostly out part in because in the weird circumstance that there’s actually a finan cial transition that happens you definitely don’t want to be caught out of that because if that happens good
Luck getting your Bitcoin back you know what I mean so think about like what percentage like you guys thought about how much money you’d like to cash out in the in the bull market you should think about that what are the things you’d like to buy you should think about that
You know and if this stuff does pop off how much do you want to sell how much do you want to keep I mean you could sell it all and just be done with it cuz crypto stresses you out that’s fine but like I don’t ever want to have no
Crypto you know what I mean but no I’m probably going to keep my Bitcoins sell my all coins you know what I mean but another thing is you can use your your alt coins cuz typically in altcoin Seasons Bitcoin um altcoins gain in their Bitcoin pairs
Um so if you guys go to like coin market cap and you and you like click the Bitcoin button instead of USD value it’s going to show you like the altcoin Valu and Satoshi and typically those rise up as well like as well during altcoin seasons and then you could turn your
Altcoin into Bitcoin so you may more Bitcoin just know you know there’s some tax implications because at least in United States going from altcoin to bitcoin is not a life exchange so there’s going to be like taxes owed which sucks it sucks bad but that’s typically how like people
Play it right altcoin gains in Bitcoin switched to altcoin to Bitcoin now you have more Bitcoin value and and that’s something that you know I don’t understand I don’t think like Maxi understand like there like there are periods of irrational exuberance and overvaluation even on allcoin of Bitcoin pairs so even
If you know they’re right and Bitcoin is the Blessed currency like to be used in the future that doesn’t change the fact that investors in the market today overvalue certain projects versus Bitcoin at certain periods of time you can benefit from that too you know but whatever floats your
Boat yep turning alt into Bitcoin is the best thing to do yep yep yep if it is y’all it is you know like the way I see it is it’s kind of crazy now at least like the cost of living now with inflation actually turning up
Um I think it’s smart to like at least be able to physically secure yourself so you can last to the next cycle like the way I see crypto investing is like periods of like total excess like crazy excess and then desert wastelands of nothingness extended nothingness your job as a
Crypto investor is to get the periods of excess Harvest what you need to get to the next period of excess because if you don’t have enough to get there it’s very challenging to last through this game and to be honest resiliency is key in crypto that’s the most important part is
Resiliency in crypto investing you know what I mean so make sure you have your living situation solidified I think that’s one of the most important things versus collecting 10 Bitcoin or 100 Bitcoin I think it’s making sure you’re okay enough to last you know you’re okay to not get crushed
By like the rising inflation like more than being like a digital currency Bitcoin provides resources that’s what like wealth really is the ability to have Choice the ability to deploy resources when you need it and then on top of that if you have reserves savings and Bitcoin whatever that’s
Additional but the definition of wealth is to be able to deploy resources when you need it nine people and that’s why I’m a little different guys um I’m all about getting to the end goal I don’t really care how I get there I want to get to the end goal do you know
Tangum wallet an alternative to Ledger no I don’t no I don’t I mean the only I haven’t tried it right but I’m always skeptical of new Harbor wallets because you can like get an audit done you can get this and that but the only thing that really see like tells you if
A hardware wallet is worth its weight at all is time right and I don’t really want to be the first person to get a a wallet because I want to see that it’s been years and no one’s be able to like compromise it the ones that I can like
Really suggest now I don’t no longer support Ledger um used to use them uh I support treaser now there’s like a physical exploit to treasure but all you have to do is set up like a phrase and then that problem is gone um I’ve heard cold cold
Uh cold card is good for Bitcoin only storage that’s newer though you know and I’ve never used it but I know a lot of people Rave about cold wallet I mean a cold card 11 people what’s good Doge to the moon to the Moon bro to the Moon doge is
Probably going to go wild if allcoin season happens um a lot of people have counted Doge out uh you know given Pepe given all these other coins um there’s a b there’s a billion Doge derivatives now baby Doge Harry Potter Pac-Man like I swear that’s a coin
Xrp it’s there’s a million um be coins now and everyone’s chasing the hottest one Bon was going ham but don’t forget Doge don’t forget why blockchains are valued it’s not about the most hypy one cuz a lot of these um meme coins they have people like constricting the supply
And this and that doge is interesting because it was fairly mined distributed over time it’s one of the oldest and a hugely adopted Network that’s super powerful and by by the way it kind of created meme culture for crypto I mean there wasn’t really a
Lot of memes until Doge showed up on the scene 2014 with that dog picture it’s hilarious everyone knows it a lot of people who aren’t in crypto know the name Doge before they know bit it’s wild they talk about Doge over Bitcoin I I attribute that to the Robin Hood
Phenomenon that happened in the past years but doge is not dead it is not dead I always hold a bag of Doge uh story time I bought Doge back in 2019 like straight up on the bottom real on the bottom and then nothing happened
For a long time and I was like this was a mistake and I sold it I dropped the bag and then Doge went bananas and I kick myself every day you ever like drop a bag and you start calculating how much it’d be and I just stopped doing that man my hair was
Falling out 12 people what’s up what do you think of shib so shib I think it’s going to do good too I mean shib went ham ship’s a very well-known name see with with the meme coins it’s all about who has it and it’s brand recog recognition right shib
Is very well widely held too and its brand recognition is basically probably a little under Doge but not much right they’ve also launched uh sharum which hasn’t caught too much traction I don’t think but it’s still around it’s giving evm compatibility to ship you know so like I’m looking at
That and people know people got rich off ship before people know that vitalic had shib even though he didn’t buy it directly he had it it got out in the news that he had it yeah shib I think is going to do well I think Pepe is going
To do well I think is going to do well not Financial advice but these are the big names right and all it takes is a little pump and then people start piling in because they know what happened last time see with with mem coins the the equation is a little less complicated
Right we’re not looking at oh you know what has better smart contract technology what has better adoption this or that is it P mem coins is like hell yeah I’m jumping on and and you can’t really hate that man I I I kind of love meme coins to an extent
Because it’s just like good oldfashioned fun it’s good oldfashioned like YOLO throw it in see what happens that’s it and I work in crypto but it’s everyone loves a good mem coin everyone T people what’s up I will be the Devil’s Advocate and think that in some things Gary G are
Right to say that they are a big scam especially with some meme coins do research always I mean is DOA scam no you know some are scams yeah that’s what I’m saying like there’s like VC groups in back of some of these coins and stuff but like not all of them are
Scams and it’s up to you guys like I’ll be quite Frank like to be honest investing in crypto everything’s on you the world owes you nothing crypto world world owes you nothing you get all the glory or all the negative like the downside it’s on you right like if
Someone loses their money investing in a dogcoin is anyone going to feel sorry for them no they’ll tell you why’d you put your money in a dogcoin so the my message is size correctly don’t be dropping like significant amounts of money don’t be dropping your rent in
These coins but yeah why not why why not I mean we know these things go up it’s fun as long as you don’t mind the money disappearing maybe you’ll surprise be surprised one day and there are scams out there but I mean when when um I go
On dexas and like projects deploy and I get into a new coin those could be scams there’s no anything can be a scam guys like it’s not just because there’s a dog picture on it anything in crypto can be a scam it’s not just because like oh this is a meme coin
So it’s a scam no like that uh Dex you just got in could be a scam uh that Dow you just got in could be a scam you just got to be realistic about it you know Bitcoin Diamond to rule them all oh my dude dude that was a bad trade for me
Last cycle Bitcoin Diamond see I even got a little carried away you know when altcoin season gets popping you’re like oh shoot I got this money now I’mma put in something else I’mma put it that’s why I call allcoin season musical chairs because you don’t you don’t never you never know when the
Music going to stop and when it stops you’re stuck with that thing you bought just hopefully it’s a good it’s a good uh project Bitcoin Diamond I have no idea what’s going on with it but I got a bad taste in my out with the Bitcoin
Diamond but it could have just been bad timing on my part but like I said guys just because you know everyone takes losses in crypto I mean if you if you act like you don’t never take losses in crypto you’re a liar I’ve taken losses in
Crypto and you just got to be like you know upfront about it and be like hey it is what it is I knew what I was getting into but like you know I’m trying to do it differently this time around guys um crypto taxes are a thing if you’re not
Paying your taxes I can’t condone it I understand why you don’t but like publicly I can’t condone it um but but everything has tax liability in crypto exchanging from crypto to crypto has tax liability exchanging from crypto to fiia has tax liability everything so you got
To think about what is this going to do for my end of the year taxes too so like I bought a lot of my altcoins like a year ago it’s been a year since I bought them which means that I get like because it’s a year and a day since I bought
Them whenever I sell them I get the long um the longterm term capital gains tax which is like half of a short-term capital gains tax you got to think about these things too so I’m not going to do too much jumping in jumping out doing all this no I want the long-term capital
Gains tax 12 people what goodie but yeah man it will be good to see it will be good to see all coin season come back around um I think I have some new people in here let me just pop up the chart real quick again cuz I
Know this is talking about all coin season wa where is it oh shoot my bad let me pull it up sorry guys uh yeah there we go Bitcoin dominance chart um since 2021 we’ve been a rising wedge Rising wedges are reversal patterns right they’re pretty much exhaustion so imagine like bounce
Off the support come back up falls down bounces off the top then we penetrated here in December you can see it I’ll zoom in out of the structure we slightly came out of the top right here and wicked down and then we fell through pretty significantly now
Bitcoin’s been coming back up into the structure but it’s shown weakness to the downside side that it wants to fall down that means that if it does fall down a lot of the money in Bitcoin starts flowing into altcoins and we’ve seen that before in 2020 we were in a similar
Rising W structure just for much shorter time we punctured out right here during the pandemic Wick down came through and the rest is history these sections right here where you see a lot of red are altcoin seasons this is 2017 so basic basically altcoin seasons are uh periods of time when altcoins
Make significant moves against Bitcoin they happen very fast they can happen within months right so if you see your altcoins shooting up bang bang bang 10 times 50 times 100 times just know it’s not going to last it never does I know how it’s going to
Feel but it never lasts so just keep that in mind right we want to do things differently how much money do you need how much money do you want you’re not going to catch the top no one does don’t try base it off of your needs and wants in your
Life and if you are able to hit that number can you ever really lose if you think you can lose after you hit your number that’s a good indication that greed’s starting to grip you greed’s bad cuz greed makes you hold on to things longer than you should trust
Me I definitely know you know so like I talk about it all the time try to navigate crypto in terms of how you feel in terms of like how other people feel because price charts are basically byproducts of how people feel about certain assets how do you feel about the
Asset if you feel like oh I can go more no no no I could I could do more that’s a good indicator if you hear people saying oh is it too late to get in I’mma jump in this and that you think it’s too late oh bitcoin’s going to a million
Bucks that’s a good indicator but it’s it the grip is strong I’m not going to lie to you the the grip of greed in crypto is super strong it’s your job to be aware of it it’s your job to fight against it and it definitely helps to know hey I’m at the
Number I might want to start scaling out but yeah you don’t have to be all in all out I don’t want you guys to think like that do not think like that you can be part in in most out most in part out you could be 40% in 60% out any percentage
You want it doesn’t have to be all in all out don’t do that that’s a mistake Pros don’t do that you know and to be honest I’m never going to be all out of crypto say it now I say it forever I’m never going to be all out of crypto but
I will be out of crypto somewhat because we have to get to the next cycle too and there ain’t no guarantee that the next cycle is going to take four years the next cycle could take eight years next cycle could take 12 years that’s what Bob Lucas is
Suggesting he’s saying that this is going to be a very big cycle so big it’s going to take people a long time to forget about it a long time to feel comfortable jumping back in so there are no there are no absolutes in crypto no matter how many people tell you there
Are no absolutes in crypto it’s still a new asset class we’re still finding out together how all of this moves but I don’t know about about you I don’t want to be sitting here for 12 years I’m going to be too old man my hairline will be going back I’m going be looking
Ridiculous make sure you take what you need so you can get to where you got to go survive another day as of today I have more losses than gains in crypto but I only need one to win they’re not losses man that’s tuition to success like I don’t know when you got
In Rich maybe 2021 was it 2021 we’re all subject of when we come into crypto when we find it it is what it is sometimes you buy high and it goes down low but all all you got to know is crypto typically ends up going higher if
You could wait it out now that that first that first cycle you get in is the most dangerous cycle cuz you don’t know how it goes you hear stories but you don’t know firsthand that this thing is going to come back all you know is your bags are bleeding hard that’s when the
Conviction has to come in I think I I released a short talking about my first be Market in my first be Market man I didn’t know this was possible I didn’t know that the money that I made of so much money could go down so freaking low
I it felt horrible like a rock in my stomach like I felt I felt ashamed I felt depressed and more importantly I felt like it that those feelings were never going to end and my situation was never going to change but it did conviction is what you need
Because it’s so easy to drop a bot a bag on the bottom just because you gave up hope faith hope they are very underestimated characteristics of a good investor because to be a good investor you have to see what isn’t there yet you have to Buck the trend and do something
Differently because in order to make a lot of money in investing you have to do something differently in every side of the trade someone loses you know that right that’s why you get money so to make a lot of money that means you have to be on the opposite side of the trade
Of most people and those people are so loud people are louder to numbers right that’s why you got to do the research that’s why I I harp on doing the research yourself knowing what you’re investing in doing the reading staying involved looking around and seeing what’s happening so when those loud mobs
Of people come and try to take you off of your conviction you say no 13 people what’s up per person turquoise waving what’s up laack how you feeling heard what we’ve been up to in bch lately feels like a rerun of evm being released but scalable no I haven’t
What’s up with that be bch I got love for my bch fam man got love for the bch fam digital cash I like that what you guys been up to I know smart bch that’s not popping anymore right you guys got another evm compatible ecosystem Brewing I got a tangent Cold Storage
Wallet last summer so far so good and they have cow wallet good to know good to know beam coins are great beam coins are the best I mean guys come on like there’s something so funny about like people getting rich off meme coins like everyone loves those stories yeah
They’re they could be dangerous but that’s what makes them even better those those success stories in mem coins it’s like nah I had no idea what I was doing I just bought the funny looking picture thing and it made me a millionaire like we’re over here in crypto all serious about crypto reading
The white paper and looking at Audits and and looking at this and that hash rates and then like some dude just comes through buys a a dog token that goes up like how can you hate that don’t be a hater it’s so funny tell us there is news about EOS I
Didn’t follow news about it I don’t I don’t know man I haven’t followed up EOS to be honest um I want something good to happen to EOS so bad just because I know the community has been like like so run through the ringer I think EOS has gone
Through more hardship than xrp xrp had a big win with their lawsuit right now like I even see the sentiment on xrp shifting after that lawsuit win so the only other community that’s getting it I mean a bad rap I guess there’s two is zos and Bitcoin cash I mean Bitcoin cash
Stays getting hated on because of the BTC I love Bitcoin cash but like honestly you guys get hated on all the time and it’s just like it’s like damn but I I typically like to have coins where people hate on them right because I talk about that
Opportunity you need people to be on the opposite aisle of you to make considerable money so like when everyone says oh Bitcoin yeah yeah Bitcoin like okay yeah Bitcoin could go up you might get a Forex but like you see everyone ‘s communicating the same sentiment as you
That means that there’s not that much Roi on the other end I’m interested in situations where myi is insane insane but you know like I do have some Bitcoin you don’t have to like go all in on the insane Roi but like that’s typically what it looks like when whenever someone’s
Hating a coin a lot I I look into it and I see if that hate is Justified and if it’s not then that’s what opportunity looks like but opportunity typically isn’t sexy man it’s not it’s scary most of the time opportunity is scary I’ll tell you
What when I bought Bitcoin in 2013 it was scary I was like dog what do you mean it’s internet money like when do I get my Bitcoin oh you won’t it’s like not physical what do you mean it’s not physical I just gave you money talking to my computer science friend he went
And um and bought like some Bitcoin for me right and then I got nothing that’s scary as hell you know it’s always scary but now 10 plus years from that point now it’s the obvious thing to do now it’s the future of money that’s not how good opportunities look like in
Their infancy and in their infancy is when you have the most potential for Roi damn my hairline already going oh man for real see you can’t wait 12 years man hairlines man my hair be falling out sometimes I’m like what is going on but it grows back pretty fast at least right
Now invest like a Jedi yes just use the force use the force I mean that’s what that’s what investing kind of feels like sometimes you buying things on the bottom they just went down 90% And then you’re like okay I hope this is a good idea I mean like guys
I’ve been crypto for a long time too and bare markets are hard for me it’s psychology when you think of when you think about it investing is all psychology whenever wants to drop it is when you should buy it whenever wants to buy it is when you should sell
It it’s all psychology but like that just goes to show you even when you know those things about investing you still want to sell that’s how hardwired humans are and that’s why like investing never really changes too much because our brain doesn’t keep up like our brain evolves over like a long time
Thousands and thousands and thousands of years so like even though you know you learn maybe four years ago the whole overvaluation undervaluation thing in crypto your brain hasn’t caught up yet and it won’t catch up and most people’s won’t catch up you know 16 people what’s up I appreciate the teachings and advice
Brother anytime man thanks for stopping by thank you everyone for stopping by I love to have you guys I do this Tuesdays Thursdays I’m not done but Tuesdays Thursdays Pacific Standard time uh I stream on X and YouTube make sure to go follow me if you’re on X on YouTube and vice
Versa it’s all good it’s all fun ETF approval tomorrow well we shall see you know man I’ve I’ve tried to predict a lot of things in crypto I just stopped predicting it I just see what happens because it’s going to happen anyway you know like and everyone gets on your ass if you’re
Wrong my bad but to be honest I mean it could it could I just don’t understand how specific out of nowhere after years and years after 2017 to now everyone knows the exact day of the approval seems a little weird to me but hey I think this thing’s getting
Long in the tooth whether it’s tomorrow or a couple months from now I don’t give a damn man I don’t care when it happens I just know this thing has to happen eventually it’s it’s it’s getting ridiculous and now that we have black rock in the mix we have the major
Players that would actually make this thing like actually happen yes I’m confident that it’s going to happen tomorrow I’m a little skeptical but I don’t know everything man I just know that some point this thing’s going to get approved because Black Rock wouldn’t be putting money
Behind it to make it not happen they’re the biggest money manager in the world so obviously we’re getting pretty serious here right but tomorrow we shall see but whenever it does happen my message still stands I think after prob probably an initial Bitcoin dominance rise that thing’s going to drop like a
Rock because then that overe exuberance is starting we need that like frzy we need that like that euphoric pump from oh it’s finally happened we’re going to a million like that’s what fuels altcoin seasons and the biggest gains are in allcoins so are you guys positioned in
Any any alt coins mostly altcoins split between altcoins and Bitcoins I got to know cash chken specs native onchain tokens and smart contracts not index like ordinals Etc couple decks is started dev’s fly building including me oh cool man that’s cool I hope it um works out better than bit smart bch uh
Always it’s always a cool thing man it’s always a cool thing to see um evm compatibility cuz like it or not defi is here to stay people like defi they want defi because people want yield now you know like uh P chains and like layer one chains a lot there’s there’s certain
Projects that are actually supposed to be money you know like and I would think Bitcoin cash would be fitting that group but let’s be honest people want that yield too and if they they don’t get it on one chain they’re going to go to another chain so I think ultimately
Speaking it’s always good for chains to provide a place for people to get that yield so I’m glad you guys are uh adopting that and getting serious about that for sure um where’s the best of Bitcoin cash man um I don’t think you guys deserve the hate that you get um I
Think that you know if anything closer to the vision of peer-to-peer digital clash and BTC is BTC eth there’s a couple assets that have kind of made themselves Elite assets right like only rich people can have them you know and you could see in the the culture you
Could see in the culture you could see in the influencers it’s just kind of developing that way um I I tend to like to be part of communities that are a little more down to earth 16 people what’s up S scuba any good rug pulls irrelevant
No but hey irrelevant I know you were a big fan of privacy last cycle um how’s pirate Chain Looking R that’s the ticker R uh pirate Shan yeah um I’m becoming more and more of a fan of privacy guys and I’ll tell you why because the world
Is getting weird as F it’s weird right right like ever since 2020 it’s getting weird I thought it was weird before then it got even weirder um I think that people are now starting to wake up to the fact that potentially governments don’t have your best interest in mind
All the time I know that’s a hot take but once they you know another something happens and there will be another something I think they’re going to get serious about their financial autonomy they’re going to get serious about protecting their financial privacy and and in that event I think privacy coins
Will make a big move in uh purchasing power but it might not be on the exchanges the price won’t reflect it on the exchanges I think people will actually be trading privacy coins peer-to-peer between each other we’ll see we’ll see I think my favorite is Monero right now just for
Like the ability to do ring signatures and not have to like like opt in because if you have a half like maybe correct me if I’m wrong but like if you have a a coin that has the ability to toggle on and off privacy I mean then they kind of know
Like if the person sending you the money didn’t use it don’t they know that you got it like it’s not really private at that point but don’t get me wrong I got zcash I got lightcoin got moneros I got other privacy coins because like I’m never about like going
All on one but what do you guys think about privacy I got I got a feeling it’s going to go get hot just it might be like like a underground movement 17 people what’s up justtin spot Bitcoin ETFs are a done deal trading to start Thursday Fox Business Senator correspondent reports Bitcoin magazine
What are you serious spot ETF Bitcoin hey you you messing with me Richie this would be perfect hold up I’m looking Richie where did you see that send me the link not showing up man you trying to get my you’re G to give me a heart attack Richie on live
Stream that’s rude bro crypto is here to stay Get Rich or get rugged this is true not evm compatible full utxo model wow that’s cool so you can Min 1,000 nfts in one transaction for bch B’s Subs scent fees that’s cool utxo so guys if you don’t know there’s
Basically two types of blockchains and I got Dev I got devs here so like youo bear with me I’m not a Dev but like there’s basically two high level types of blockchains right utxo based which is like more like cash right and then you have an account based account based like
Ethereum so on and so forth account based blockchains are inherently less um decentralized and like permissionless because you could freeze funds in account based it’s basically you send you send like tokens to an account and that account can kind of be like allowed to do Commerce or not and I think that’s
Why like governments tend to like account-based better because there’s more rails to actually assert control over them first is utxo utxo for my understanding you could do atomic swaps between almost any utxo based blockchain so like Bitcoin you’ve heard I’ve heard of some right deed to bitcoin Bitcoin to
Monero so on and so forth I think it could be done with any utxo blockchain that’s cool man I like utxo Tech that’s cool 18 people was good about privacy I have secret what’s your secret man why you holding out man this is a family crypto
Fam hey glad to catch you live Terry Mack what’s good good to see you I’m I’m glad to see some of my old time Subs coming back the fam’s getting bigger love it do you use leverage I’ve used leverage and it’s been a mistake every time look um you can use leverage
There’s people who get ridiculously wealthy off of Leverage but the those people put in the work to learn how to use leverage correctly and how to like pize it well like don’t jump into leverage if you don’t know what you’re doing it’s dangerous as hell you could
Make a bad trade buying spot crypto you can miss the top and huddle through the bottom like the bare Market with spot crypto and then that crypto goes up again and then you win but with Leverage your crap disappears like I told you crypto investing is all about longevity it’s
About resilience spot is much more forgiving you could just huddle if you missed this cycle you got a next cycle but it’s never going to come back if you do you do a bad leverage trade you know so like for the majority of people I do not suggest it and you know crypto
Especially if you’re in altcoins what do you need more than 100x for like you could buy a spot altcoin it can Go Bananas why you got to have a th000 why you got to have 10,000 like you know what I’m saying like when is enough enough and that’s what I talk about like
The one thing that wrecks a lot of people in crypto probably the majority of people is greed you got to ask yourself how much money do I need if you only need 600,000 what are you going for 60 million for you know what I mean like
You got to think of it like that so if you can reach your numbers and they’re not insane like that you could probably do a whole bunch you can probably meet your whole goal with Spock crypto I’m a big I’m a big believer in spot crypto you
Know because like how long does it take you to like you guys had to invest money right to buy crypto I’m assuming how long it take you to make that money years decades I don’t know how long had to go to a job or something is it worth having to do that
All over again dealing with the co-workers you hate again with your boss you don’t like again well was a work a was a worth the physical labor you had to put in you have to think of your Capital as something precious because it’s literally years of your life you
Have to protect it protecting your capital is way more important and way easier to do when you buy Spa crypto 16 people what’s up moon to the downside incoming what does that mean to where what is Moon to the downside how how far we’ll see a lot of people think the
ETF is buy the rumors sell the news event it could be a lot of people say that ETF is priced in I don’t know about that like how can you price in an ETF like we can anticipate how much black Rock’s going to Pile in you know
We could kind of like round number it but you can’t anticipate the demand for the product this is a they have to buy the Bitcoin to fill their demand we have no idea about all the people in the in the stock market who want this product we
Can only anticipate how much money black Croc’s going to put in it so when you think about it maybe to an extent it’s priced in but then the product goes live no one knows but you know there couldn’t be initial selloff doesn’t change the fact that the Bitcoin having
Is coming up doesn’t change the fact that Bitcoin dominance is showing that a wants to break down see all these things are coming together and whether happens tomorrow happens next month we sell off a little bit and rebound the having’s coming and we typically know what happens when the having’s coming because
It’s a supply event cuts the supply in half 13 people what’s good dab Master what’s good bro it’s always good to see you again Bitcoin gen need going to moon this cycle right we have people actually banking on bitcoin Genie man you got to pull through make a
Stars Ooa French toaster wow nice classes I get wrecked every time I use leverage unless there’s an obvious Direction yeah but when is there ever an obvious direction I’ve been wrecked on directions I were was 100% sure they’re going to go one way and then they didn’t
It’s not worth it I mean leave that to the pros you I mean you you better like have studied charting gone to act paid for classes that’s like what I’m talking about know how to use stop losses if you can’t answer those questions you don’t really belong using leverage I’m just
Saying that with love I don’t want to see you guys get wrecked secret coin his name is really secret yeah I know um you guys know crypto Secret Circle fan um friend of the channel he also has a a group he’s really big on secret um why do you like
It want to know it’s not is it utxo cuz I’m like a fan of mainly utxo privacy coins but I thought they were Cosmos aren’t they Cosmos isn’t that like account paste we we’ll see truth it’s in X account Bitcoin magazine huh cuz I would figure cuz I was looking
Just basic based off like a web search if I feel like that’s h huge huge news wouldn’t it be all over the place I don’t see anything I mean I would expect Forbes and Bloomberg to be report on that I’m all in why F around man see here’s the thing
Here’s the thing y’all like Bitcoin bull runs are few and far between you know like they come once in the Blue Moon you have to be able to capitalize it’s all about playing it correctly you have to you got to be on your game you have to be positioned you have to like
Know how much you want you have to be like emotionally regulated and disciplined so you can act on pulling that amount you want you have to prevent yourself from reinvesting at the wrong time and getting caught in the bottom it’s all things I’ve done you know but
Like it’s more than just like having a good entry you could could mess your trade up any part along that line that’s why it pays to think think you got to think what do you need because like the whole point of this guys is to make sure
That your world is better you’re better like before you came you have less stress than when you entered right I don’t want you to think about like oh you know like this is a transition and this and that I’m never selling I think that’s a mistake you know because like
We’ve seen what’s happened before big boom big bust you want to be on the right side of that that exchange right there will be another point where bitcoin’s undervalued whoever says that bitcoin’s going into like a million dollar straight away and it’s going to it’s a transition it’s just going to
Stay there they sound new they just sound new I mean there’s a bunch of people out there saying that but they sound like they’re noobs because Bitcoin hasn’t done that yet in 2013 it didn’t do that 20 17 didn’t do that 2020 uh 2021 it didn’t do that so why would it happen
Now boom bust boom bust boom bust over time that boom bust differential will get less and less until it Stables out just like gold gold ETF when it first came out boom boom boom boom boom boom boom boom boom boom boom and then it becomes stable but we’re not there yet
We’re not there yet when the market of Bitcoin gets so big that volatility pretty much goes away but we’re not there yet 48k now wow let me pull that up I remember when it was 48k in 2021 or 2022 people were freaking out depressed now look at it we’re happy we’re happy
See that’s the difference see that’s why Cycles happen the bare Market 48k oh my goodness sleeping on the couch drinking b c of dinner now people are happy that indicates to me that the bull sentiment is back oh yeah let’s get it let me share let me share it’s not sharing there it
Is wrong one what the hell okay hold up remove present why is this happening 16 people how you feeling watch your Guru share screen wow wow wow damn man that’s nice what that’s a big up man but remember everyone thought Bitcoin is dead right here remember that
They’re saying it’s going down to 3,000 what the hell people be tripping sometimes man and now everyone’s loving Bitcoin you know might give some back actually you know but like look at the long term this is a big curve up this is the start of a
Parabola right we might not be going up straight away because that’s not like really following the curve but if you drew a curve underneath this like not just like you know hitting the points cuz you wanted to but a actual uniform curve you’ll see that Bitcoin is following a
Parabola it is going to go up exponentially in the near future that is what I really believe that’s what the structure suggests and this is looking like more of a structure of 2013 than 2020 uh 2017 or 2020 I’ve been saying that for a long time though you know been saying for a
Very long time breaking us SEC approves all spot Bitcoin ETS vanc bitwise Fidelity Franklin Valkyrie hash Ark invest grayscale Black Rock Wisdom Tree investco watch your Guru Bitcoin acting crazy watch your Guru okay okay Richie I’mma check it out that’d be cool if we can get it on live
What why am I am I tripping it’s not showing up like on X I’mma check it out watch your Guru I mean here it is it’s a it’s a tweet I’ll show real quick quick so this is what you’re talking about right here right breaking STC approves all spot Bitcoin ETFs bada bing
Interesting we might have seen the approval of the spot Bitcoin ETF on live I will I will wait however to see um if I see any more news articles pop out about it cuz you know people be saying whatever on on online but that’ll be tight I mean look guys what do you
Think is going to happen you think it’s never going to pass you think Black Rock just got in here for fun it’s got to happen eventually that’s the thing I don’t get about people saying oh it’s never going to pass really like it this ain’t a new thing this has
Been since 2017 like maybe you just got here but we’ve been waiting for this for a long time so that’d be sick I mean bitcoin’s price is kind of acting crazy right now I mean now it’s like what 46,000 what oh it’s swanging man Bitcoin is swanging around right now what is
Happening the volatility is picking up y’all volatility always precedes big price movements in one way or another um I can’t really confirm right now based off my my searches online I’m multitasking I’m streaming I’m searching I can’t confirm I’ve seen other articles of the passing of it but Watcher Guru I
Respect that account and they said they were all passed so we’ll have to see sailor retweeted really do you get a chance to check out Vu Manu and Market Cipher indicators no I didn’t yet my bad man B saying it’s here clearing all leverage it’s on SEC Twitter
Whoa the Bitcoin ETF was approved y’all dang this is a perfect timing I I knew this was meant to be well congratulations guys looks like it finally happened we made it so now like we’ll have to see what happens with the price but uh this is a big step if true
And it sounds like it’s true y’all are are Curr indicating I can’t type right now but y’all are saying it’s true big step for Bitcoin I wonder when the products go live I love to see what this happens like this is the first time baby boomer money is getting into Bitcoin in
A in a big way you know so we might see a like a pump up on bitcoin dominance initially but you I show you what I think about all coins no one’s thinking about allcoins all coins are dead they’re on the bottom this and that and
That’s why I think it’s a perfect storm for an Allco season to show up soon congrats not many would be live for this thank you Bitcoin ETF let’s go let’s go man it’s been so hard I want to thank all the the little people I stepped on to get here
I don’t know man we’ll see I won’t be buying the Bitcoin ETF but I’m happy people can a lot of people talk about this ruining Bitcoins like you know ruining Bitcoin to an extent I don’t I don’t buy it no nothing’s ruining Bitcoin nothing’s ruining crypto
Nothing we could still send it to each other if you want to exchange value it’s still the same technology it’s always been but now the price can get pumped up number go up number go up is good for me number go up is good for you you want
To know why because you get to improve your life now it’s a beautiful time I can’t wait I think the bull run is just around the corner and this is one of the main things we needed and then right after this we got the having oh yeah I think
It’s setting up I’m ready I’m so ready I’m so hyped man feel like I just drank some coffee oh my goodness you guys see me if you guys have been to my channel um for any time at all it’s been a journey this channel it’s been four years now it’s
Been a journey start off doing completely different videos with a lot more energy Krypto did that to me man you sucking my energy it’s waiting on me so it’s about time we have some good times come our way cheers I don’t got to drink around here
But yeah man uh I’m going to be around I’m going to be around this whole bull run we’ll see how it goes we’ll see what happens there’s going to be ups there’s going to be Downs it’s going to get crazy but what I do want you guys to do
Is to make sure like do your numbers figure out like exactly what you what you would be happy with because I don’t want there to be regret um this thing can move faster than people are expecting I’ve always thought that you know people think that oh you know we’re
Going to work our way up to all-time highs again really like smoothly and pull back and 2025 is what’s going to like when’s it going to pop off it just seems too predictable and if you know anything about Bitcoin is this crap is unpredictable this thing moves fast and
It leaves Max people out of the move right so if you’re here look I think I think you’re in the move you know just make sure you get out of the move when it’s time you don’t have to get all the way out I think it would be prudent to take some
Out yep yep yep binance said it’s true SEC Twitter let’s see it whoa this is true Richie you’re a real one bro let me pull it up Gary Gensler he’s a little rat but like you know he’s he’s a real one for this present today the SEC grants approval
For the Bitcoin for Bitcoin ETFs for listing on registered National Security exchanges the approved Bitcoin ETS will be subject to ongoing surveillance and compliance measures to en ensure continued investor protections wow I’m going to cry dude I’m going to cry this is insane and I’m live streaming so legendary
Man like how hard was this this is hard you know a lot of people are going to be mad about this whatever I don’t care I think this is a good step forward more people that own Bitcoin the better and now it’s been somewhat legitimized uh the SEC is a governmental
Body Security and Exchange Commission Now that Bitcoin is legitimized now the rest of the market can move forward this is a beautiful thing we can get regulatory Clarity number go up companies can actually thrive in the US we could build out our digital asset industry in the
United States or wherever you’re at but this is a beautiful thing I don’t know how it wouldn’t be and you know if you’re scared about Bitcoin being like controlled then just use it peerto peer by Bing b boom problem solved of course he had to put his face
On the announcement what a tool I know hey Gary is a freaking tool hey you know um this guy was playing stupid the whole time because if you put in like Gary gentler MIT he teaches a whole course on blockchain and and cryptocurrency where he’s like explaining it to
Students so like this is just all a dog and pony show they were just buying time for something probably for their friends to get in you know how it always goes but he’s not a stupid guy but he’s been really acting stupid recently probably by choice send
It congrats OG thank you thank you dog it’s been a rough one man this was a this is a pretty tough bare Market it probably it wasn’t as bad as my first one just because I was new to it but in terms of things that happened through
This bare Market it’s been wild we had FTX we had Tera Luna we had xrp getting sued uh we had a whole bunch of stuff man uh we had a stringing along oh Library TV got sued we were strung along at the ETF for forever uh yeah we had companies like
Laying off a whole bunch of people cuz a lack of regulatory Clarity this has been pretty insane but I think this is the Cornerstone um it’s the Cornerstone and the having is just around around the corner what is the Bitcoin dominance doing I’m interested ah it’s falling somewhat at least on the
Day we’ll see I’ll show you guys one more time it’s not much of a pump at the moment no that’s fine whatever it must have been priced in um yeah I think the initial Bitcoin like announcement may be priced in but I don’t know if the demand can be priced
In you know it’s all based on whoever on the brokerages want it how can we really know how many people want it you know so like that’s what I was talking about let me pull up stop screen share one last time Bitcoin dominance coming down slightly I mean te technically guys we have
Another 3 months possibly to the very end of the structure um but it already showed its hand look at that right here right here broke out to the bottom climbed back in but the RSI is topped out right here this thing is probably going to fall through and if it falls through your
Allcoin bags will be pumped not Financial advice but to be honest guys and I’m going to take credit for this right here I ain’t seen no one else talk about this in crypto and this is the be beautiful part about macro investing most people are zoomed up into
To this they’re looking at like this section or this section I’m talking about looking over like two years that’s the difference in macro investing it takes a while to play out and it takes so long most people can’t even see it but when you zoom out and you notice
That this structure is similar to this structure history isn’t always the same but a lot of the times it Rhymes and if you’re able to position yourself even like you know in the right direction for these bigger macro moves that’s when you make more money most the money and
That’s the beautiful part macro investing is very forgiving it gives you you time to accumulate positions and when the move happens you can make 100,000 times more than if you’re just doing the little ticks just got to position yourself accordingly 17 people what’s up 51.4
Dom oh Dom is 45 I mean uh 5 yeah 54.4 five I mean what I see on the chart this is I mean drawn by Me Maybe it’s a little off but 56.4 is the is the max before this this structure ends um typically patterns don’t break to the upside on on Rising
Wedges typically it’s a pattern of exhaustion Celsius oh yeah F Celsius man they got a little bit of my crypto man it’s pissing me off freaking really pissing me off actually the s gov Twitter account was compromised an un unauthorized tweet was posted SC has not approved the listing and trading a
Spot Bitcoin exchange traded products F WTF Gary account wait so that’s not true I mean I wasn’t seeing it on damn it Richie I wasn’t seeing it on uh the news man that would be all over damn I don’t know what to believe anymore y’all what is happening Celsius sucks yeah Celsius
Sucks Celsius sucks pissing me off just thinking about it guys what the hell is happening is is the ETF approved or no I don’t know where to go from here I’ll just like I don’t know but more of the story is is it’s going to be approved eventually man if it’s not
Already and when it gets approved cool number probably go up it might take some time number will go up and if that doesn’t happen having comes in a in April then number go up it’ll take about 6 months or so but number I think is
Going to go up and when number goes up Bitcoin dominance will go down Bitcoin dominance goes down altcoins go up that’s what I’ve always been waiting for it didn’t happen too much in 2020 I was surprised by the lack of allcoin participation 2020 but that doesn’t mean
All coins are dead if anything that means that the chance of all coins outperforming is just more is just greater right like everything happens in probabilities you know so like if something didn’t happen the longer the time it takes to happen that it probability gets greater and greater and greater right but people
Tend to think that if something didn’t happen it’s never going to happen that’s what we call normaly bias right you need to switch your mind frame from normaly bias to probability thinking I showed you technically that Bitcoin dominance wants to fall and a lot of altcoins are still up
On the bottom and I know a lot of you already in all coins you know so don’t be surprised when this plays out but I haven’t seen a lot of crypto people talking about this Rising wedge of two years I think I’m the first one unless you
Guys know somebody so I’m G call dibs on it I don’t call dibs on most things but um if I’m wrong be nice man see that’s the give and take I’m sorry I’m not that guilty that’s good ha all right guys it’s been an hour 30
Um I got to go but I always love talking to you guys I I do this twice a week Tuesdays Thursdays 12:00 p.m. Pacific Standard time um give me a like please um if you see my content come through show me some love it helps me get out to
More people um I’ll be here until next time guys talk to you later peace
5 Comments
The SEC bull trap captured on live stream 😂 nice man! enjoyed the stream
You dub! Missed the live gonna hop in the next one, good to see you back in my algorithm 💯
Catching replay
🙌🏼🙌🏼🙌🏼
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