You’re Being Lied To About Bitcoin | The Reason Price Is Stalling…

#bitcoin #crypto #cryptocurrencies
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00:00 – Intro
00:54 – Uncovering The Reason Why Bitcoin’s Price Is Stalling…
06:35 – Is The ‘Flippening’ Going To Happen? (ETH vs. BTC)
14:41 – While We’re Bullish On Some Altcoins…Keep This In Mind
18:00 – How To Make Tax Season Incredibly Simple
19:51 – Nvidia & The AI Bubble
25:58 – Technology Cycles | The Big Picture
31:41 – Closing Remarks

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What’s going on everyone my name is Nicholas meron here from data Dash and today is February 26 of 2024 well folks I hope you are having a fantastic day wherever you are because in today’s macro Monday I want to spend some time here today to talk about bitcoin’s

Continued stagnation of price I want to not only talk about what price ranges we could look for for a potential entry or a good risk reward setup but beyond all that as well I want to talk about why we’re seeing this here because so many people are confused ETF flows are still

Remaining relatively strong so why is it the price could still be declining going to be explaining as we go throughout today’s video but beyond that as well we’re also going to be talking about some of my favorite altcoin picks we’re going to talk about a potential flippening for ethereum against Bitcoin

Some people have asked me to discuss this so I want to unpack it in today’s video and whether or not it’s really likely and beyond that as well I want to talk a little bit about the macro the AI bubble that’s been building up and whether or not we’re getting towards the

Euphoric blowoff top that many people have been expecting we got a lot to unpack here in today’s video so hope you happen to enjoy it consider dropping a like and let’s go ahead and kick things off so let’s start here with talking about Bitcoin now I’m not trying to be a

Perma bear here guys obviously as many of you know we’ve been again talking about the idea here the Bitcoin may be on a longer term move here depends whether or not it’s holding on its moving averages or it’s holding in the typical support bands that we’re looking

For like the Lux alga support band which is hovering around 48k here the case and point that we made is that it’s probably overextended after making a run up from around $38,000 up here towards 52k in less than a month this has been a really run for

Bitcoin and we are seeing very clear signs I think right now it’s pretty undeniable that for the past 2 weeks we’ve been seeing signs of clear distribution or stagnation in the trend now some people are genuinely confused and I I think to some degree rightfully so they are looking at the ETF numbers

And saying Nick aren’t the ETF numbers pretty good and yeah they’re still looking great here we had back on Friday a very similar day tues excuse me to Thursday around 4500 BTC total even with 870 BTC being outflowed from gbtc likely from Genesis uh unloading some of his

Positions or this in this case it actually looks a lot like it might just be people getting their money out of gbtc uh this was a very light day of selling uh from gbtc the problem here is that we are seeing a pretty significant slowdown here on inflows broadly

Speaking versus what we saw back a couple weeks ago now versus Tuesday or Wednesday it looks pretty good but if you consider back where we were a few weeks ago there was some really high numbers there in the ETFs but beyond all that still the numbers are pretty good

Here 4500 BTC on a normal trading day you get a couple days like this and you’re talking about over 10 to 20,000 Bitcoin being consumed by these ETB products so what’s the catch here why is it that market price can move down when you have these inflows well I’m here

Today to tell you guys that there is a big misconception and that is that the idea is that because there is ETF inflows this institutional money coming in that Bitcoin cannot move down that essentially uh this is massive Market buy side pressure on the order book to drive a bitcoin’s price that’s not

Exactly true a lot of these transactions are going over over the counter or OTC trades this is where institutions will usually have a broker or a middleman of some sort that Bridges both buyers and sellers so if you imagine at the end of the day these are transactions that

Happen off the exchange that don’t have an impact on spot price where you have a large whale who’s probably held Bitcoin for a long time wants to offload some positions and you’ve got black rock over here and they’re entering into a handshake let’s just uh trust that this

Is a handshake of some sort hopefully they’re doing it more properly but basically they’re doing a handshake and they’re exchanging thousands of Bitcoin or hundreds of Bitcoin on a daily basis essentially this is not having a net effect on price so what you’re seeing here on the spot price here is more of

The real Market here where people are willing to face the slippage of the order book or it’s not really reasonable for them to go through OTC and it’s a great visualization that at the end of the day while you might have all these institutions who want to get exposure

Right if it’s not being done on the order book if they’re not forced to come near the order book essentially we need to wonder whether or not there are more people who immediately want to buy Bitcoin or sell Bitcoin through normal spot exchanges where real price Discovery happens these are your

Coinbase exchanges your bances uh your C coins your Kraken all the different types of exchanges Man sound a bit funny all those crypto exchanges it’s amazing but you get my Point here there’s there’s tons of different exchanges where the real price discover is happening and if you’re seeing this this

Is a sign that oh hey back here during early February there was the demand there and very much I would bet there was a lot of demand potential even for those ETF product providers to go out there and buy spot because there might have been more scarcity around there

However as you move higher in price more people who are original holders are willing to sell and as you get closer and closer guys after having such a phenomenal move here if you get closer and closer here to where people sold last time in 2021 you’re going to face

More and more sell side pressure this is not me being bearish this is historic fact from onchain metrics and we discussed it in our last video where we talked about data science which I definitely recommend you guys go check out after this video if you guys want

Some more juicy content on the market but essentially we talked about the idea that as markets move higher you’re going to face more sell side pressure more Bitcoin than had been long-term held on chain which we can see that the unspent transaction outputs we start to see moving on chain and that’s essentially

What happens here that sells Side Market the market sells side pressure people who are willing to sell Bitcoin at the best available price starts to eat in on the order book and basically start putting a weight on price C price levels so that’s why we believe at least a

Moderate correction needs to happen then we have to see what happens after that correction whether or not there’s going to be the bids side support and Market order flow to really drive us up higher here and really lead market price Direction time will have to tell here

But again we’re going to continue to keep track of these numbers here and see how things play out but this might be a sign here that the ETF even with these great inflows may not be enough in order to keep expanding price from where it is currently it might have been enough back

At say 35k or when it was 38k back a few weeks ago back in uh when it hit the 100 day here back in like January but a month later now we’re trading at a much higher price it’s a different environment and whether or not people

Are going to be willing to pay $51,000 for Bitcoin is an important question to ask so that’s an important thing just to keep in mind now I do want to talk here about another thing here and I’ve heard people on the altcoin side of the market who are more bullish on altcoins or

Looking for the next big thing are saying Nick what about the flipping because now there’s talks of an ethereum ETF and if ethereum can also receive institutional equility is there a chance we can see ethereum flipping Bitcoin essentially becoming larger than Bitcoin for a period of time and look I’ll be

Honest with you guys here uh there have been short windows of time in the past I think it was back in 2017 where ethereum did get very close to passing Bitcoin and market cap um you know periods of time here where people thought that that would be the case where ethereum would

Replace Bitcoin but at the end of the day here I do not believe that ethereum’s market capitalization will surpass Bitcoin this time around and the reason for that is twofold one Bitcoin is the central focal point of this run up in the market It Is by and large the

Safest play in the crypto space but for institutions it is seen as a new shiny investment class and Bitcoin has really led the way forward in this narrative for ETFs and I think even if there is going to be an e e ETF um try to say

That 10 times fast if there is going to be an e ETF in the future I don’t think it’s going to receive the same kind of praise and excitement as a Bitcoin ETF as institutional investors are already still kind of warming up to digital assets as a whole I think in the grand

Scheme of the trajectory things if you really believe the ETF is bullish that there’s more buyers out there long term and I think that there could be a case to be made for that but I think that’s going to be over a decade you know a

Long period of time and the second point that I think is even more vital here guys again ethereum as a technology is stagnant there is little to no development going on the biggest news that has happened in defi for the last two and a half years just happened the

Other day and all it was was Unis swap activating its protocol fee which basically makes it so essentially the protocol will start charging a fee on transactions and distributed to UNI holders that’s the biggest thing that is happening no new shiny protocols transaction volumes are dead in the

Water versus where they were back even a year or two ago there’s just not much activity going on in the ethereum network and I say that as someone who built on ethereum for a long period of time I love ethereum and for what it has

Done for the crypto space but I hate it for the lack of innovation and the lack of adaptation to what’s needed and I’m not giving vitalic and anyone a hard time it’s difficult to be the first cat in the race to go out there and you know

Launch a protocol try to do something big and to make changes on that protocol it gets incredibly difficult but the main point here I just want to say is that after these kind of moves in the market I don’t feel an immense amount of fomo here you can see that there’s a

Fading here after these kind of moves when I come back here to ethereum I look at the E BTC chart here we are still facing resistance on that Weekly Lux Alo resistance Band After holding the green support band for multiple years and we are trying to be able to maintain above

That previous line of support if we just take it here to the long-term trajectory guys you can see we’ve been facing this long-term line of support here for a long time and again I’ll turn up the drawings here you can see that right now we are still holding on that monthly

Support band but I got to see a real bounce off of I know right now we’re up about 11% that’s great but again I’ve seen this before we bounced here around 34% and then just dragged on for more than a year about a year and a half to

The downside until we went back to that support B so my point here is this is it got the strength to have the flip it in well ethereum’s market capitalization right now just is just just to kind of get in perspective here ethereum’s market cap is around 365 billion to put

It really simple if you kind of rough that off around $330 billion ethereum essentially needs a 3X from this point on in order to flip Bitcoin right so if you’re talking about market price you know discounting for example that there may be uh of course some new inflation from uh you know staking

Rewards on ethereum you’re talking about eth going to 9,000 right you’re talking about it going straight up into the right here and I think as many people are kind of anticipating setting in a third High here but again I don’t see that happening here guys uh it’s not

That you can’t ride the trend but if you do make sure you have stops set and you have take profits along the way this is not one to just kind of Buy and Hold guys I don’t think ethereum has that kind of momentum here back in 2020 there

Was a real narrative I mean there was infinite money out the wazu and ethereum was still at the time I think relatively new and on the Innovative Forefront because that’s where all the major D5 protocols were uniswap compound a and all the other layer 2os and all the

Other players out there were trying to kind of leech off oh we’re part of the ethereum ecosystem we’re scaling Solutions but ethereum was still at the center right now not many people are talking about ethereum not many people are building on ethereum in fact a lot of those l2s that were again aiding

Toward supposedly scaling ethereum have now really eaten a lot of ethereum’s lunch because it has the same functionality a lot of these change chains are where new users are going to it’s just too expensive to use ethereum as a chain so that’s my main point here

At the end of the day guys while I think ethereum is a great Network I don’t think you’re going to see a flipping in here uh we’re facing resistance again on the dominance metric we had a nice bump up here it’s great but it seems like this level at around 20% dominance

Historically speaking since 2017 has been really the resistance range here until I see some signs from the fundamentals and more importantly from Price action I’m not feeling like a fliping it is going to happen here in the market got a long way to go if something like that is going to happen

Now I want to go ahead and talk a little bit here about BTC dominance as well because then this does lead into the topic as well about you know broader altcoins making a move in the market and you know maybe on some resilience in ethereum here over the next couple of

Weeks maybe ethereum does climb a little bit higher I don’t think the flipping is going to play out at the same time we are keeping a very sharp eye here the monthly Lux Alo resistance band is still since back in October weighing down Bitcoin dominance and this is your

Initial sign that things may be getting more exciting here for all coins in the next coming months especially going into March and April where I expect we’re either going to see here you know maybe in the shortterm March we’re going to see some kind of pullback in Bitcoin and

Crypto space and then a resilient uh you know kind of Rise into the having event or vice versa we essentially continue to expand higher in dollar terms keeping Bitcoin Domin it’s strong here and right up in this range and then eventually getting a flush down uh into the Hing

Event time we have to tell here but the main thing I I want to let you guys know before we continue to talk about some of his allcoin picks is that if you haven’t already I definitely recommend you guys check out Lux Al you’ve probably seen through the video we’re using the

Resistance and support band for me personally this is a very powerful tool out there that you can utilize especially on those longer term time frames and while a lot of people might use it on shorter time time frames for more active trading as you all can see

Here this can be incredibly valuable on The Daily on the weekly on the monthly time frame to find some really important points here of price entry and also where resistance might be playing out as well for Trend chefs so I definitely recommend you guys keep that on your

Radar I think for example for ethereum here you know the dollar chart you don’t have to be a genius here you look at the chart you can see that we’ve had a clear line of resistance here and then the next question is if you think that this

Is going to start to roll over here if the price is signaling that to you then where can price really find its next leg of support next range I look for coming down here to where we were back in mid-February coming around $2,700 around the green Lux Isa support band stuff

Like this can really help in your trading experience guys help you to make more returns in the long run if used properly so check out the link Down Below in the description if you guys want to sign for Lux Alo you get it for 30-day risk back money guarantee a

Risk-free guarantee where you guys can try out the platform let me know what you think Down Below in the comments but just wanted to say again I think it’s a really great tool to utilize again another great example here uh what I want to lead into is talking about some

Of our altcoin picks now you guys know we’ve talked a lot about Stacks we talked about render our narratives are Bitcoin infrastructure and dpen or decentralized fiscal infrastructure networks the main point here I want to talk about though with these plays is that again I think there’s a chance for

These to really take off here really continue forward but great example here of how the Lux AA support band lets you know when you could be expecting some kind of cool down here and it’s not to say that it’s it’s completely done with or anything but we we extended quite far

Here from the weekly support band uh we got quite extended away as well from the daily and as we’ve talked about for the last couple weeks we think that there’s a good chance that this is going to come down here towards a lower price range

Give us a better entry where we can be able to trade higher and I don’t know if it’s going to hold on that support band to be honest guys you always have to be prepared here I know a lot of people I’ll put it this way a lot of people

Will be telling you that you’re too late to the TR like you’re actually just getting into the trend at the right time things are about to go up into the right they’re going to go far beyond our expectations there is never a time where more people are screaming that at you

Than at the top you do not want to be uh bullish with the Crow so to speak you want to be a bullish contrarian now there could very well be a chance here where we’re not an armania phase I absolutely accept that and that’s why I think again

There’s a good chance that we could make some good money in all coins but buy it on a nice discount and if you don’t see on that discount like you’re buying already when price is cooling down if you’re buying in and you’re not seeing the support bands holding well if you’re

Not seeing your moving averages coming up to provide that leg of support if you’re not seeing market price action tell you that there is a huge wave of fomo and there’s little to no sellers right now and that people are expecting higher prices or that price is telling

You should expect that then if you’re not seeing those signs you got to make sure you have stop losses that you don’t get caught doubling down or getting emotional about your trades because very well it could be even though we believe the stacks move up you could be caught

In one of these types of Corrections and that’s never good right so just just keep that in mind here as much as I love these plays I I love Stacks here render as well well extended from its weekly band where have we seen this before we saw it in February 2023

We saw it in May of 2023 56 55% Corrections followed suit it wouldn’t be too crazy that’s exactly where the support Bend is here and it’ll start to flatten out like it did back in the past if we start to get a harsh enough correction you can see these big double-

Digit moves downward you know imagine being able to get rendered you know even if you don’t want to wait around them like a 30 4050 % discount from relative prices and then the breakout continues here because this is the range of resistance from the past so you don’t

Want to get caught in that fomo guys you don’t want to get caught on you know basically I understand some people don’t want to be caught on the sidelines but at the end of the day you don’t want to be buying into relative Peaks and then you know basically trying to double down

You keep facing more losses and right when it comes time where you should have been buying and that’s when likely you’re going to sell so just keep that in mind guys I know there’s a lot of people telling you guys to fomo out there but above all guys no matter if

You’re actively trading in the market no matter if you’re more long-term Trader investor the big thing I want you guys to know about here is that it’s February 26 and it’s time to start preparing if you’re in the United States like myself for tax season now I understand taxes

Are not a fun topic but I wanted to spend some time to talk about our partner in this channel coin Ledger they are one of the Premier tax points tax platforms out there for you to start conducting your trading and uh crypto related activities for tax season

Essentially you can plug in all of your crypto exchanges you can plug in all of your income bearing accounts or mining related activities and the idea is that you get a full picture of all your activities in one because it’s important to understand where the full cost basis

Is for all your transactions and to get a real active report not only to report proper income bid but also if you made some losses to report that to the IRS or other relevant tax authorities because in many countries you can write those losses off now again I’m not a CPA I’m

Not a tax account here I don’t I want to pretend to be but I just want to let you guys know that coin Ledger is one of the best platforms out there if you’re looking to file your taxes and the sooner you can do it the better the

Great thing about it is you can use the platform for free if you want to basically plug in all your information and get a full reading on what you owe you only have to pay if you want to generate your tax form and that just depends the cost relates to how much

Transactions you have if you only do a few transactions to trades every year it’s only 49 bucks per year and what’s great is that once you get it all set up it’s good to go unless you have new wallets exchanges which you can add later on you’re good to go yearby year

For your taxes and be able to generate your forms so it’s really this onetime setup that’s going to really take maybe a couple minutes to get going but it’s relatively simple if you guys are interested to learn about some of the features they have like their Turbo Tax

Partnership integration and so much more that will streamline your crypto taxes check out the link Down Below in the description where you guys can get 10% off on coin ledger so we want to go ahead and talk a little bit here about the final topic here guys which is

What’s going on in the macro markets now now the AI bubble I understand some people may believe that it’s not a bubble some people say it’s not you know some people say it is at the end of the day guys Nvidia has been on an absolute tear

There’s no doubt about that here and rightfully so there’s a lot of exciting Innovation crowded around the concept of artificial intelligence or more particularly generative AI now at the same time while we like generative AI we need to be realistic here that at the end of the W Nvidia is the best benefit

Benefactor here by being the manufacturer of gpus there is eventually going to be a cap here on the demand for these gpus and what people are willing to pay for them there is going to be a cap uh in probably in the next couple of months where there is no more growth in

The demand for these gpus as we start to come back to our census here about you know really at the end of the day how much GPU capacity is really needed this is an important thing to keep in mind guys I understand long term decade two

Decades out for sure as the market is starting to price in here that there is going to be probably a lot of demand for gpus if you think about all the applications already for generative AI we covered Sora back last week for generative video you guys may not even

Me need need me anymore might be you might be able to create a a generative Nick who will be able to talk to you now I’m just kidding I wouldn’t do that and I don’t think a generative Nick will be able to be as sarcastic and a uberant as

Well as being a Perma bear as I am but the main point I want to say here like really getting into a serious conversation guys is that from a technical perspective here Nvidia has had a great runup it has had similar run-ups in the past we’ve had two very

Similar moves here back in the past uh with the demand for crypto miners going from January 2019 to November 2021 8,000% move here for NVIDIA we saw back here in 2015 as gpus were really picking up traction again for uh you know basically personal computers enterprise

System systems uh you had the kind of cloud Revolution that happened throughout the 2010s where Cloud systems were really taking off you have these near th% moves that play out and from the lows here we’ve SE seen already from a much higher low here than in the past

A 6 153% move I think best case scenario here you get here towards the big even level of $1,000 which is an 800% move but it’s getting to the point here guys where it’s not favorable to really risk things here on the I bet uh there have been some stocks that have made

Phenomenal moves here uh you have seen definitely without a doubt some improvements in the financials I mean just again huge moves here in net income now Nvidia if it were to just stay here where it’s at right now that’s going to be about $48 billion in net income in

One year right putting it at about half the income potential of apple right so I I understand what gets people excited here in the markets and creates these kind of bubbles where where it makes these massive moves is that you know if these earnings normalize here and in

Fact they continue to still grow from this point on the market right now is starting to price and wonder whether or not Nvidia is not only going to be able to repeat what it just did in this last quarter for four quarters but also maybe even go higher it’s at a $2 trillion

Market cap though so you’ve got to be making a big bet here like the market is that Nvidia is just going to keep expanding his GPU capacity it’s going to be able to manufacture more keep charging the same premium for gpus have the same demand for its AI services and

Look maybe that does play out maybe you can have some exposure here but I got to tell you guys you’re getting into a very high premium here you know again just bear in mind think about how big apple is right it’s $2.8 trillion company NVIDIA is only trading billion dollars

Less than Apple right think about how big the iPhone is it’s a staple product how cash secure of a product it is for apple how much cash flow generates on basis and we got to ask whether or not there’s really going to be this kind of demand for gpus month over month how

Much further can Invidia expands profit margins right again phenomenal financials here 2023 was a breakthrough year for NVIDIA no doubt about it here and I want to say hats off to Jensen Hong and you know the Nvidia team for what they’ve been building and leading forward in this ront but bear in mind

Bubbles can happen and let’s just say you do not want to be caught at the top of them guys the time to get bullish was mons ago and I’m not saying here that I was screaming to the roof to buy Nvidia no doubt about that but I’m also not going

To be the fool telling you to go all in buying the shovels for the next Revolution uh in technology when in reality may be that that demand starts to slow down over the coming months right it’s important to understand that here because once you have those gpus

Running they don’t like burn down they don’t break like a shovel they last for a long time and even though there’s going to be a longterm set of demand I think a long-term change in the way that Enterprise companies use generative AI in a positive way um the markets care

About growth if this stops these Financial expansions and margins and revenue the Beats on earnings if that doesn’t keep happening then you are going to see a dramatic pull back you are going to see a PE multiple contraction from the current mind you 65.8 priced earnings

Ratio now I want to share one last chart with you guys and we’ll dive into the Fang chart as well but I want you guys to really take this chart away this is a chart we usually only share on the dash report this one of many charts you guys

Can get access to from a whole range of different things we track in the market you me check out the link Down Below in the description it’s a great way to support the channel and what we do here but I want to share a really interesting chart here this is a long-term chart

That goes all the way back towards the 70s so we’re 50 years old and this is the NASDAQ S&P 500 ratio and one thing we’ve talked about with this chart is something I like to call Innovation Cycles right Innovation Cycles track usually decade long periods of exuberant optimism due to new

Exciting Technologies and this could be for example like back in the 70s into ‘ 83 uh we had a really large expansion of Enterprise uh Enterprise technology uh so for example you’re talking about companies like sap that started to grow up you had a whole range of companies that were basically

Building up these really interesting systems that allowed businesses to do things that used to be having be done by humans were very timec consuming and tedious we had a lot of innovation that Forefront now where a lot of that could be automated and it boosted productivity it boosted the output of companies it

Allowed companies to be more profitable thereby technology improving our way of living but then you have periods of time where markets get overheated and maybe more traditional businesses are favored right people take a less risk on mentality and then you have periods of time like the 9s to the old 2000s with

The invention of the personal computer you had biotechnology you had a whole range of different things I can’t even list at all the Innovations here right I’m like 20 minutes into the video you guys you guys can’t expect me to give you a whole history on on technology you

Know what happened back then there was all kinds of incredible stuff that was going on and we saw the NASDAQ from those lows basically outpace the BR S&P 500 the 500 largest technology or just general companies out there by 3.5 times massive expansion and then what happened after

That well markets got overheated and while we set a higher low much more significant from where we were back here at those lows we had a massive floss out nearly in this case 7 years of progress were given up for a net contraction of a decade from 1992 we basically in 2002

Came back to those lows now since 2002 we’ve also had another technological way but I think as many people rightfully State much more sustainable than the Doom bubble cashr Giants in the tech space you’re talking about software you know social media gaming you’ve got uh gpus Hardware

Solutions you’ve got a whole range of really exciting Technologies you now have generative AI added into the mix I could go on the list of countless met of Technology automation being able to build things the way in which we’ve never been able to build before at a

Scale in which we never been able to build before you know you have a whole range of new companies Amazon e-commerce I could go down the list list your smartphones a whole range of new technologies that came out but since back here in 2021 we do have generative Ai and that’s very

Exciting we can see very clearly here that the market is sending a very clear signal and that is that the NASDAQ is no longer showing the same kind of confidence that it had back a year ago versus the S&P 500 we have made some great expansion here no doubt about that

We expanded from 2.7 to 3.14 however if you look back through history whether you’re looking at the monthly Lux algo uh Trend or if you’re looking at the quarterly which we’ll take a look at in a moment you see that when you get this red flip it is not a period of time

To be bullish on Tech is not the time to be favoring technology stocks versus the broader S&P 500 it’s just a point guys to keep in mind here while we’ve had some great expansion in equity prices and assets as a whole for that matter you do not want to be buying in

To the Goldilocks the Goldilocks period as a long-term investor or even as a longer term swing Trader you may very well be caught up buying into a position that’s going to be very unfavorable buying into the Fang stocks after they’ve had one of their typical you know rall is probably

One of the shortest ones in their history one of the more unsustainable ones right 172% very similar to the either 162 183% rally in the past and what’s really new with the Fang stocks we’re talking about Facebook apple or in this case Amazon Facebook Amazon um Google and Netflix and what

What is Netflix doing new what is Google Google’s completely falling behind the race on AI Amazon I would say well it’s definitely got a lot of room to automate over the next couple of years I think at its current P multiple a lot of that is priced in and

Then you’ve got Facebook or or meta in this case and you’ve got you know the metaverse and some of those narratives and it’s competition with apple in that front but let’s be real guys they’re an ad service business at the end of the day that’s the majority of their bread

And butter right and I just don’t know if it’s okay to go out there and pay 172% premium on these stocks from the relative lows back in October 2022 I don’t think that they’ve got the kind of growth story that’s going to really justify this kind of

Expansion but to each their own there are plenty of people out there telling you to go all in and fomo there are people like myself who well I don’t think I’m a Perma Bear by any means uh I think at the end of the day I’m more

Cautionary I traded an investor over the last decade and made phenomenal returns and I’m not willing to risk that that greatly earned Capital off of some short-term wins at least not at a sizable debt when I get the right signs in the altcoin market I’ll take the

Trade when I know that that altcoin Cycles in you can get in get out quick there’s deep liquidity there’s a lot of trading going on a lot of opportunities to make some good money I’ll take those trades and there are plenty of markets and equities that have gotten me bullish

But they’re coming from the ground floor there all midcap plays that aren’t entirely speculative but they’ve got the room the risk rewards set up here where if one of three of those Trends takes off I’m outpaced the broader S&P 500 fivefold right if things really work out

Well over the next decade and that’s what I care about I want to be able to make generational wealth on investments so I ramble under get them out here guys I’m not going to ramble any longer I hope you guys have a fantastic Monday wherever you are if you

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Will get any kind of discount codes or special offers with those links that’s it for today’s video everyone have a phenomenal rest of your week guys and I’ll see you on Wednesday at 6:00 a.m. eastern standard time take care everyone