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How’s it going everyone it’s Sam something nuts just happened and I know yesterday we talked about some big news how Nvidia really blew everyone’s Minds it’s not just stocks that are blowing up crypto just brought up the entire sector and investors are very jumpy right now

To get into whatever is moving I think that’s because we’ve seen AI cryptos move up really quickly now we’re seeing another sector move up I want to talk about that it it’s one of the largest crypto in the world and it moved up over 60% in 1 hour this is absolutely nuts I

Want to talk about that also talk about what’s happening in the market something that’s just disgusting like just horrible uh for investors and then also talk about how the ETFs change Bitcoin forever this could probably be like three different videos but we’re going to jam it pack tight with information so

Stay through to the end of the video if you don’t mind hit the like button hit hit the Subscribe button and need to give a shout out to coin stats but we’ll talk more about that later in the video there also is a link down there to Marx

In case you want to trade cryptocurrencies they have no kyc you don’t need a VPN anyone’s welcome just make sure that you read their terms and conditions and they have something called an MP Shield which is pretty useful so a lot of times in crypto when you’re using leverage you might get

Liquidated and that a lot of the time is due to price manipulation now with Marx they have something called an MP Shield which helps you get pre or helps prevent unfair liquidations from Price manipulation so definitely check that out underneath the video now Bitcoin continues to stick around the same level

It looks like it’s falling down a little bit here today you know we still have strong support around 48,000 50,000 who knows what happens in the short term but I I wanted to talk about this obviously yesterday like I said we covered Nvidia moving up almost 300 billion in market

Cap which was nuts it was up like another 5% last time I looked today which is another 100 billion and people think how crazy the stock market is Right Nvidia adding this in one day but the crypto Market is just starting to get crazy too like take a look at this

Unis swap uh there was a governance proposal let’s just leave it at that for now and look how much it went up Unis swap went from $7 up to to $125 what is that 70% move within an hour this is nuts and this is one of the largest cryptocurrencies to be clear

This is a top 16 cryptocurrency this is one of the biggest cryptocurrencies out there the whole sector is moving up now as well like all uh decentralized exchange cryptos moving up D5 just exploding now to be clear HG algo would have helped you a lot on this you can see like

Bullish momentum was triggered on this first move and then you would have if you had gone in at the very top of this candle you still have gotten over a 50% gain within less than an hour so there is a link to HG algo underneath the video it’s really good for bullish and

Bearish momentum indicators and DCA signals as well and I will say too Marx allows you to trade Unis swap so that could be pretty helpful if you had had this on Leverage let’s say you had just a 5x leverage on this move you got 50% gain that would have been a 250% gain

Real quick on Unos swap now what did they say exactly well Aaron con who’s the government lead or gov lead at Unis Swap and uh he said that he proposed a large scale upgrade to the system specifically he believes that they should upgrade the protocol so that its

Fee mechanism rewards uni token holders that have staked and delegated their tokens if approved by the community Unis swaps governance resilience and decentralization will increase two truths the Unis swap protocol is immensely useful trillions of USD in lifetime swap volume and it is governance minimized two adjustable

Parameters in V3 1 and V4 as a result of these facts is built a market Shar lead with a very low level of governance activity now they goes through this a little bit more but basically they will reward token holders right if they’ve staked and delegated

Their tokens so most likely a lot of people buying or just either they’re swing trading because of this news or they’re buying so that they can stake and delegate their tokens so big massive move caused by this news now that shows you how excited people are to jump into

Cryptocurrencies like some big crypto has news it doesn’t matter the size the price will pump and although we haven’t seen that that much with Bitcoin over the last few days or over the last week or two it’s on the horizon for a lot of cryptocurrencies now rational route

Points out the massive day of inflows fidelity actually had bigger inflows than Black Rock reduced outflows coming from grayscale we had a net of 5,000 Bitcoin going in there now yesterday I made a video talk about how Bitcoin had flipped as in like we had net outflows

But I said that wasn’t going to stay just like we had seen outflows here and then it turned back up I thought very likely that we would not see a long period of outflows from these ETFs this is just the beginning of the flows into Bitcoin ETFs and you can see just one

Day net outflows then back to green and as you see here like we often times look at this graph and you think okay the ETFs have bought 100,000 Bitcoin that’s net the new ETFs have bought nearly 3,000 Bitcoin worth $15 billion in 29 trading days now some of this is coming

From gray scale but a lot of this is new money a lot of this is new to the market and is trying to swallow up Bitcoin now think about that they grew about half uh to about half the size of grayscale within a month grayscale took a very

Long time to get that amount of Bitcoin the 600,000 Bitcoin plus I would not be surprised if maybe even uh by the having or a little bit after having if these ETFs hold over a million Bitcoin not just these 9 F but these mix with grayscale now it’s about

700,000 and that’s a huge number we can also see the grayscale outflows are slowing for example yesterday they only sold about 50 million this was actually the second lowest day in terms of outflows now these uh these ETFs have really changed how investing works and for Bitcoin investors and really have

Allowed us to do a couple things that we’ve never had the ability to do with Bitcoin actually a couple new things that you can finally do with Bitcoin we’ll talk about that more at the end but for a second I want to talk about coin stats there is something I should talk

About I had mentioned in the past that I was creating a portfolio tracker I may do that at some point in the future honestly I’ve just been building so many other things and been filming a lot so I haven’t had the chance to do that and I

Just want to be open and honest about that now I have partnered with someone in the meantime in case you want to track your cryptocurrencies I partnered with coin they have 69,000 reviews on the app store they are probably the best portfolio tracker out there right now

Users can manage all their crypto Defi and nfts from one place you don’t have to go into binance and then add a tier metam mas and then trust wallet and then coinbase Etc you can also check your profit and loss in the app and they support up to 300 cryptocurrency wallets

And exchanges a, plus D5 protocols 100 blockchains 20,000 coins so they’re the best in the category with the link underneath the video you can actually sign up and get 43% off your one-year plan so you can get a really nice discount there and you can use it on

Your phone as well their app is really nice you can see the top coins you can see your favorites you can see the top gainers you can see the top news it’s all really easy to see there which is awesome and then you can go over to the

Portfolio tab as well you can track all your different cryptos I loaded up a bit of a dummy portfolio there so you can take a look at it but it shows you your history di assets it plugs into your actual wallets if you want that it can

Be helpful cuz then you don’t have to update it manually I know some people would rather have it manual so you can do what you want on there you can also swap between CFI and D in one place now if you do want access there is a link

Underneath the video now we do have a couple big events coming later next week so obviously this has been like a little bit of a quiet week in terms of economic data we did have the minutes and we did have Nvidia earnings but next week we

Have the GDP first revision for Q4 and we also have pce which is another obviously inflation gauge this is actually the fed’s preferred inflation gauge so we’ll have to keep an eye on that to see how this affects markets um it could definitely influence the crypto price keep in mind though longterm it’s

Up only we’ll have deviations in the short term we’ll have some spikes we’ll have some sell sell as well we’re going to have some dips but longterm Bitcoin is very bullish right now now I want to get back to bitcoin and some things you can finally do with Bitcoin but there’s

Just something that was so disgusting I want to cover it Lucid announced their earnings yesterday now this is a high growth stock right that at least that’s how people think about it uh it’s up 6% today on the earnings now what did they announce well their revenue actually

Went down 40% % from Q4 of 2022 to Q4 of 2023 imagine being a growth stock that reduces Revenue by 40% that’s kind of crazy and net income also lower than the year ago period even though they have less well they have less Revenue so they have less net

Income uh they have negative cash flow about 750 million and negative cash flow keep in mind this company isn’t even growing their deliveries that fast either what they announced was they had uh 1,700 Vehicles delivered in Q4 which is up 37% compared to uh last year well

The full year is up 37% uh that’s something to pay attention to the produced vehicles in Q4 2400 and I’ll get back to why this is important for crypto here in a second too this does have to do with Bitcoin this everything is a Bitcoin story in the end they

Produced 2400 Vehicles so they were only able to sell about 75% of their produced Vehicles which is not a good sign they had about 8,428 Vehicles produced in 2023 now they only expect a guidance of about 8,000 to 8500 vehicles uh that was their guidance

Sorry for the year so they were on the higher end of the range but next year only guiding for 9,000 Vehicles so they’re expecting like a 7% growth rate in terms of vehicles produced that is not good now at the same time at the same time this is why

It’s so important their CEO received $379 million in compensation back in 2022 this is nuts this is again 2022 uh let’s see how they’ve grown well over the last last year obviously they’ve actually reduced their growth I I couldn’t find what he’s gotten paid this year but I

Think it’s in a similar SI I think it’s about this uh similar size there and what did they just go do they gave him a $6 million cash bonus why is that uh because of the contributions to the unveiling of the Lucid Gravity the luxury EV makers upcoming SUV so they

Haven’t even launched it yet and they’re giving him a cash bonus for his uh contributions to this now that’s kind of nuts because this is literally his job is to produce more vehicles that will be sold like that’s why he gets paid why does he get $6

Million bonus cuz it got approved by the board now I don’t know about you but if I was invested in this which I’m not I would not be so happy to see the company I’m invested in get about $600 million of Revenue and pay pay out their CEO

About 2/3 of that that’s kind of crazy to me that is just insane to me imagine if that was happening with every stock out there that’s just horrible it’s disgusting to pay they’re not even making money but to pay a CEO one individual 2ir of the revenue of the

Company is nuts and they’re not even growing quickly so I bring this back to crypto and to bitcoin specifically and that a lot of people talk about how risky Bitcoin is but when you buy Bitcoin you know exactly what you’re getting there’s no CEO that is going to

Screw you there’s no there’s no uh approval that’s going to happen from the board of directors to pay out 2third of the Bitcoin to one individual right Bitcoin is fair Bitcoin is scarce Bitcoin is what it is and you know exactly what you’re getting when you buy

It it doesn’t have some hyped up business plan or anything like that it is what it is so when you buy stocks things can go wrong earnings can go poorly right companies can lose their Moe but Bitcoin does not do that it continues to become more and more

Adopted as time goes on and honestly every piece of news that I hear pretty much every piece of news world news is bullish for Bitcoin in the end it’s crazy every day I get more bullish on Bitcoin now obviously the ETFs got approved recently that was actually a

Big moment because there are some things now that you can do with Bitcoin that you’ve never been able to do before and I’ve talked with a couple people recently I’ve had interviews on the channel one I dropped just earlier today if you haven’t seen that one go look at

It I’ll put it on the end screen with Connor Kenny he’s been around since 2017 in the crypto Market he talked about something that you can do with Bitcoin that I hadn’t really considered fully before I knew it was possible but I just hadn’t thought about it but with these Bitcoin

ETFs there are a lot more options out there of course before you could buy Bitcoin and hold right but now you can actually buy Bitcoin ETFs and take loans against your portfolio which is really nice and the reason I say this too I’m not necessarily going to do these things

But it will bring in more investors just like when a stock pays a dividend and then there are like dividend investors that wanted to buy that stock but they never did because it didn’t pay a dividend like the fact that we have Bitcoin ETFs means that there are some

Investors that will now get in the game maybe people that didn’t want to ever buy crypto or that were too scared they’re buying because it’s just easier they can do it right in their brokerage account another thing though is like I said you can take loans against your

Bitcoin ETFs which a lot of people are interested in because a lot of the rich people do that like they just take loans against their assets they don’t actually want to sell their assets because it’s it’s a taxable event so a lot of people especially on something as high alpha uh

Or as High um volatility as Bitcoin they would rather just take a loan because if they sell at the bottom they lose out on the upside if they sell at the top they have to pay a lot of taxes so unless you’re going s like right in that middle

Range a lot of people would rather just take a loan against especially if it’s something shorter term or some opportunity and then they can move money around afterwards but that is a really interesting thing that you could do with Bitcoin uh and I realize that you’re not holding the native Bitcoin but these

ETFs unlock a whole new Avenue of getting access to your Capital without selling the Bitcoin which also helps the Bitcoin price it doesn’t cause as much downward pressure on Bitcoin in that circumstance another thing you can do is you can actually uh sell cash secured puts or sell covered calls you can now

You can kind of do that now it’s much more complicated though for a lot of people like you can trade uh different you can trade the volatility right now but for a lot of people it’s just too above their heads uh they’re not going

To do it and you can’t do this yet as far as I know you can’t sell options or buy options yet with these Bitcoin ETFs but that is coming and then again I’m not saying I’m going to do this because there are drawbacks to it but what if

What if you bought like I don’t know $100,000 worth of bitcoin ETFs today right let’s just say Bitcoin is at 50,000 so you own two Bitcoin worth of ETFs let’s say Bitcoin goes up to 250,000 and then you want to sell a covered call so you don’t actually have

To sell your Bitcoin right then but you can make some profit so you can say okay well if it goes up to like $300,000 Bitcoin over the next couple months then I’ll sell it it’s basically a way to set a a take profit but you get paid in the

Mean term uh in the meantime so you might get uh uh you might get $20,000 to sell that option now that’s some pretty good income and it’s dependent on volatility it’s dependent on a handful of other things but this will cause more people to think of

Bitcoin as a cash flowing asset which is something that some people want they want something that they can sell options on so that way if it gets a little bit toppy they can sell a cash secure uh they can sell a c uh covered call if it gets a little bit too low

Maybe they want a cash your put so they can basically say hey if Bitcoin goes down to 40,000 I’ll buy it and I’ll buy it at this price and uh I want you to pay me for me to buy that from you at a certain price I’m not going into the

Full explanation for what puts and calls are but again it just unlocks more investors that wouldn’t touch it otherwise and again there are drawbacks to it but that could be a powerful lever if you you are someone that has a decent amount in a retirement portfolio you can

Then trade without taxes and again that’s another thing that’s really interesting you can first of all you can offload yourself storage that’s pretty nice for some people they don’t want to actually hold the crypto themselves it’s too much risk for them but also this allows you to invest in retirement

Accounts which can get you away from paying some taxes legally which can be really beneficial as well if you’re in really long term right if Bitcoin goes up to a couple million dollars a coin well you could save a lot of money if you have Bitcoin ETFs and a retirement

Account versus uh just BTC maybe of course you have to pay the fees in the meantime but something to consider I hope this was a good explanation for you but again it comes down to basically more investors being able to invest in Bitcoin and not just because they have

Access to in their brokerage accounts that’s a big part of it but also you can get loans against your BTC ETFs you can sell options or buy options which gives a lot more flexibility some people only do that and also you don’t have to have self storage just makes it easier for a

Lot of people and you can avoid taxes by investing in retirement accounts now let me know your thoughts about all this underneath the video again you can check out the links uh underneath the video to coin stats to Marx you can check out the link to HG algo I really appreciate you

Guys watching and I’ll see you in the next one bye