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CRYPTO, BITCOIN MINERS & ALT COINS…NOW!!



CRYPTO, BITCOIN MINERS & ALT COINS…NOW!!
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Thanks for watching the video [ CRYPTO, BITCOIN MINERS & ALT COINS…NOW!! ]

Hey what’s up Good People how you doing welcome back to stock up with Larry Jones listen today’s video I just uh wanted to discuss all things crypto Bitcoin Bitcoin miners all of that I just want to um um just say everything in this one video as it pertains to

Right now and what I’m looking at okay hey for for those of you that are new hit the like subscribe and notification bell all right this is is stock up with Larry Jones and today’s video is brought to you by Mumu Mumu is where you can get up to

8.1% as you could see there on your money that is Mumu it is a trading app now that’s going to be important uh for the rest of this video because Mumu has what we call a trailing stoploss on it now some of these portfolios there’re they don’t give you a trailing stop loss

They give you a hard stop loss that’s going to be important as it pertains to this video let’s get right into it shall we all right so let’s look at where let’s talk about Bitcoin first Bitcoin is at a very interesting place right now and you do know that Bitcoin when I’m

Talking about Bitcoin I’m talking about the entire crypto market and the Bitcoin um uh not just the ETFs but the Bitcoin miners so Bitcoin and the Bitcoin miners are going to follow the same flow up or down now we are at a critical point with Bitcoin right now

For a few reasons right for those of you that are in the class I have a special lesson that I have just uploaded and I want everyone that has the CL class stock up you stock up University I want you to watch that lesson it’s going to

Be at the top of the crypto chapter okay all right I want you all to watch it for those of you that don’t have the class that is uh we’ll talk about that later let’s get right into this lesson all right so um let’s look at Bitcoin okay

Uh I’m going to bounce around a lot but it’s going to be a lot of gems in this one okay so look let’s look at Bitcoin at the time right now it’s just under 52 right we got 518 you know you may look at it it may be 50 uh 17ish right so

Let’s just keep all things in perspective but here’s what I’m going to tell you about the Bitcoin miners let’s just go right into that the Bitcoin miners as you can see I got Marathon clean spark and right now here’s what I want to say about these three Bitcoin is

Up now as you can see I have selected up here at the top year to date right year to date you can see Bitcoin is up 177% and marathon is Right In line all right now marathon is the biggest Bitcoin miner by market cap right here’s what I

Want you to know about the big three is as you can see cleanspark has skyrocketed up 64% to Bitcoins 177% but Riot has been lagging all right so Riot has been lagging so what am I thinking I’m thinking that exactly what this is showing me that if there’s a

Fall that Riot will probably fall the most because it has ran up the most I want you to listen to what the CEO of the largest Bitcoin minor which is Mara I want you to hear what he said on my show and you have to realize that Bitcoin miners every four years they

Will receive half as many Bitcoin in their Bitcoin block subsidy for every block they win and so you’re constantly driven to be the most efficient you can be because the people who are kind of the top quartile of by cost if you would to produce a Bitcoin of miners they may

Have to shut off their miners or go out of business um every time there’s a having because their machines just aren’t efficient so you could see that was a CEO of Mara I had him here live on not live but I recorded him and had that

Aired here on this page and he makes a good point so more than half 2third of these uh Bitcoin miners will go out of business because they they won’t be able to last past the having just because you find a Bitcoin miner that’s cheap doesn’t mean it’s a good one they have

To have I want you to do the homework and go and see how much Bitcoin they’ve been accumulating because that’s wealth and you got to see have they bought new equipment and it is is it energy efficient if they’re using the old ones and their hash rate is is is if if their

Energy bill is and that’s their biggest Bill if their energy bills are skyrocketed they’re not good a good company right and so that’s why if you’re in the crypto and you got all of the altcoins and you don’t have any Bitcoin I don’t think that’s a wise deal

I always roll with a big dog if you’re in the EVs and you’re not in the Tesla I just don’t think that’s a cool thing to do all right let’s keep it going so let’s go back to this I want to show you guys so you can think for yourselves

Right now we could see that clean spark has had this big mass of run up all right and so that’s why I’m slowing down on all of this at this time I’m just I like I said double digits but I’m even cooling off on that why because Bitcoin

Is at this interesting spot where it could run up to 55 but then it’s overdue for a pullback right now it’s taken off too much too too quick it’s actually like the bull market has already started and it could have why because of the

Spot ETFs I know I go on and off with these it because of the Bitcoin spot ETFs and the amount of Bitcoin that uh companies like grayscale grayscale already was a uh eons ahead of the rest because they were already uh one of the biggest holders of Bitcoin then we

Course we got micro strategy okay and now we have have black rock okay now we know we got Ark Fidelity but black rock is the one that we need to keep our eye on Black Rock let’s deal with black rock right quick I want you guys to see now

This was August of August 31 of 2023 so last summer Black Rock has invested in four of the five largest Bitcoin miners okay that’s important right we’re we’re going to put our Columbo jackets on now we gotta think right now I’m going to play another snippet from my interview

With the CEO of Mara because he gave us some gems and I’m going to get into that in this video also now Black Rock started accumulating the Bitcoin miners why black rock is the largest asset manager in the world you know they used to they right now currently I think they

Are managing around $8 trillion right worth of assets and at one point it was 10 trillion right so they don’t just get into something to be a consumer they get into to be an owner they want to own it vertically if Bitcoin pulls back remember for every 1% that Bitcoin pulls

Back these these crypto miners or should I say Bitcoin miners can pull back 3% to every 1% just remember that right it’s a leverage type of deal remember the SL slingshot thing I talk about all the time so now that doesn’t scare me if we have a pullback in Bitcoin as a

Matter of fact it gets me excited because I know long term that big companies like black rock is in a position to where they are in kind of long now I may be right I may be wrong but this is what I’m thinking so what is

That telling me I’m not telling you what to do anything I say is not a suggestion for you to buy hold the sale I’m prepared to go in if Bitcoin pulls back 20 to 30% you do know that that’s a like a normal Tuesday for Bitcoin to pull

Back 20% especially in this area now for those of you that have the class I shared a chart with you guys I went back and showed you the last having and all of that and the truth be told we’re ahead now the having is supposed to be

In April ish okay april-ish I believe it’s going to be the end of April right so let’s go a little further let’s listen to something else that the CEO of Mara said um but with the ETF to your point uh you know if 1% of the 401ks is

Out there 1% of the money that’s in Pension funds 1% of the money that family offices and asset managers manage were to be allocated to bitcoin 1% um just 1% you know that would be a huge driver of an increase in the price of Bitcoin absolutely again finite number

Of Bitcoin can’t go find more Bitcoin under the carpet there’s only so many that are made per day you can’t speed that up you can’t slow it down and oh by the way we’re almost at the end and so what that means is the price of Bitcoin

Can only go up if demand for it goes up and interestingly you know about 70 % of the Bitcoin that has been mined is held by people who don’t trade it that they’re just holding on to it and so the amount of Bitcoin that’s liquid that’s out

There available for purchase is not very much now there’s a lot of fud going around about Bitcoin but I believe that uh that was CEO of Mara I believe exactly that now let’s just take a look at this as we go down this rabbit hole this Rabbit Trail look at this this is

Black Rock clients include corporate public and multi-employer pension plans governments insurance companies office institution endowments foundations Charities corporations Banks Sovereign wealth funds mutual funds you get it he who holds the goal makes the rules all right he who has the goal make the rules

And so that’s why I’m L I just look at everything that black rock is doing and as he said uh in earlier in the video they started buying last year so they’re always ahead of the curve good people and so this is a game of patience if

Bitcoin does drop by 20 to 30% then it’s going to make a lot of people fearful they will sell and the bigger institutions including myself we will come in and buy more because this is a long game for us if Black Rock says hey we we all of these funds you know we

Suggest 1% adding 1% Bitcoin to your portfolio is it’s going to be a major Game Changer all right now this was August 27th of 2023 all right let’s keep it in perspective you see the date down there August 27th of 2023 and as you can see New Black Rock

Black rock is the majority shareholders in four out of five largest now they own way more than this but as you could see Riot Marathon Cipher hut8 Tera wolf as you could see there is a lot that’s going on behind the scenes that we don’t

Clearly see and um this is a game of patience now I want to be crystal clear with you I also have some micro coins you you guys know that the micro coins will whoops after Bitcoin runs up I believe that Bitcoin will hit all-time highs I’m not

Going to do any price predictions we went down that rabbit hole everybody’s like Larry Larry Larry how much do you think Bitcoin is going to get to how much you think Sheba enu is going to get to and you kept asking and I I started guesstimating I I stand uh guiltily

Guilly accused just like some of the other ones going well I think it may go to this you know nobody knows good people we’re not making those mistakes mistakes anymore but here’s the mistake we’re also not going to make we’re not going to hold some of these coins after

It’s time to sell we’re going to sell and if you think that that time H is for you right now then you should take profits okay if can you stand if Bitcoin Falls 20 to 30% can you can you stand if Bitcoin Falls by 20% that some of these

Miners will fall by 60% are you positioned are you in a uh portfolio that allows you to do a trailing stoploss right if not then uh go ahead and download Mumu and uh just do your future purchases in Mumu while you’re making 88.1% so um um I have I’m just telling

You guys that I have Bitcoin it is my largest um I have some bunk it is my Bitcoin I got Bitcoin cash I got some salana some xrp ethereum I have a little shib and a little Doge uh I told you Bitcoin cash I have some harar HB I have some

Snx I have some R ndr I have some IP uh and and I have a few others but I’m going to consolidate those those this time and I’m going to go to the majors I’m not going to have 2030 like I did before that’s what I I wanted to

Share with you guys also when it comes to coins like uh Sheba euu and Doge I have less of that and more of bunk don’t get married to the alt coins that you were married to last cycle this cycle there will be some new newer ones that’s

Going to go higher now does that mean that Sheba enu and and Doge won’t run no it does not mean that it just means that the potential in some of these newer ones will in this cycle will run even more and then next cycle there will be

Even newer ones and some of the olds will old ones will go bye-bye right and so I just wanted to touch upon uh uh that yes I do have some Sheba euu and I have a little Doge but I was buying Sheba new when it was beat down like I

Made the video and showed you guys but this time I have more Bunk b n k than I have Sheba euu or do all right that’s all I’m going to talk about in the micro coins now just remember micro coin micro money major coins major money remember

I’m going to say this again I have more in Bitcoin and ethereum than I have in all of the rest okay let’s keep it clear and salana right so I just wanted to cover everything in this video okay and you make the decision for you the

Question I want to ask is what’s the likelihood of it going up pumping to 55 or a 20% cool off 20 to 30% cool off and or do you think the bull cycle has already started okay and if the bull cycle has started then these crypto

Miners will explode but at this point no one knows for sure and I will say this it’s easy to buy okay it’s hard to buy when it’s low and it’s hard to sell when it’s high but the truth be told it is harder to sell when it’s high when you

Got a ton of profit that’s when it’s the hardest to sell it’s harder to sell than it is to buy and so I’m going to challenge you to not look at the others if you sell and it continues to run don’t think you lost you have not this

Is not a get-rich quick scheme and then you know if Bitcoin does pump to 55 then here comes the influx of the latecomers pushing it up higher and then you and I should be looking at the exit door when they come in right leave me a comment

Hey make sure that you check out Mumu get it funded get your up to 8% today and then make sure you check out stock of you all right so we will see you guys uh on tomorrow this is a odd week it’s President’s Day but um and I know I keep

Saying I’m taking a day off I can’t all right I need help I’ll see you guys later live love laugh and learn

50 Comments

  1. Technical analysis is a crucial part of understanding market trends, especially in the dynamic world of cryptocurrencies. Historically, Bitcoin (BTC) has experienced significant corrections, often around 30% or more, This pattern offers a valuable insight for strategic planning. Despite these trends, BTC is showing promising signs, potentially breaking through the 50k mark, demonstrating its resilience and potential for growth. While there are external factors, like ETFs, that could influence the market, these elements add to the dynamic nature of crypto….At the heart of this evolution is Charles Hudson, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. His holistic approach to investment and commitment to staying abreast of market trends make his an invaluable ally in navigating this new era in cryptocurrency investment.

  2. Thanks for what you do Larry. I'm for sure going to sell all my alt coins after the halving, but questioning if I should sell my Bitcoin or is Bitcoin becoming a longer term hold. Wondering if you plan on selling your Bitcoin when you sell your alt coins?

  3. Thanks for the update on the miners and Crypto. If we are red tomorrow adding a bit more to the miners and checking the stops. You always bring a fresh perspective and show us how to do the work. Much love from Arizona 🌞 family as we head into the trading week β˜•β€οΈβ˜•πŸŒž

  4. Hi Larry Jones, you're amazing and I love your content! Are you going to talk about how the AI cryptocurrency called $RNDR [Render] is currently going up in value? AI cryptocurrency $RNDR could change the world forever and could have LIMITLESS potential to build wealth! You're amazing btw! πŸ˜ŽπŸ‘

  5. No %20 pull back BTC No %10 pull back BTC never needed Blackrock to make ATH or ETF, BTC can’t be controlled or manipulated 100% decentralized Doge 100% decentralized Put me in coach Larry, I got Ice in my vein and survived my first crypto winter I stomach and 80% pulled back 20% is chump change (β˜•οΈβ˜•οΈβ˜•οΈβ˜•οΈ)

  6. Technical analysis is a crucial part of understanding market trends, especially in the dynamic world of cryptocurrencies. Historically, Bitcoin (BTC) has experienced significant corrections, often around 30% or more, This pattern offers a valuable insight for strategic planning. Despite these trends, BTC is showing promising signs, potentially breaking through the 50k mark, demonstrating its resilience and potential for growth. While there are external factors, like ETFs, that could influence the market, these elements add to the dynamic nature of crypto….At the heart of this evolution is Caris Loescher, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. His holistic approach to investment and commitment to staying abreast of market trends make his an invaluable ally in navigating this new era in cryptocurrency investment.

  7. Thanks for not taking a day off……I appreciate every drop of wisdom and advice. And the biggest one for me so far has been β€œtake profits”. Loving the classes too. Gems in them. 😁

  8. Exciting times in the crypto world! The latest analysis reveals a bullish trend for Bitcoin in the coming week, especially intriguing following its recent weekly closing patterns. The approval of a Bitcoin ETF adds to the buzz, presenting a prime opportunity for investors to strategize and potentially capitalize on these market movements. Definitely a moment for crypto enthusiasts and investors to watch closely and make informed decisions in this ever-evolving market…managed to grow a nest egg of around 100k to a decent 532k in the space of a few months… I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

  9. Larry, I’m starting to doubt there’s a strong thesis that suggests there will be a pullback. Reason? The majority of the move up is probably not traders, but instead is long term investors via BTC ETFs. I don’t foresee a lot of liquidations either as a result.

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