CRYPTO…I’M TIRED OF THIS!!
crypto I’m so tired of this what a roller coaster ride it’s been trading sideways ever since April let’s talk about [Music] it hey what’s up good people go ahead and hit that you know like subscribe notification Bell make is check for all hey I got a lot to talk about I’m going to get right to it there’s a lot going on I just want to address this comment that was made by Sean Hammond I’m so tired of this crypto has essentially traded sideways since April right he got a lot of love on that I understand um but I want you to watch this video before you make any decisions then I want you to make your own educated decision remember anything I say is not a suggestion for you to buy hold to sell and because I’m talking about crypto there’s going to be a ton of spam in the comment section never send money or crypto to anyone but I would that everyone watch this video now there’s a lot going on on yesterday’s video I told you guys what was going on we got decreasing volume right we got a holiday weekend today being the 4th May the 4th be with you all right I know they say that in May but it’s the 4th of July all right so we got that going on and we also have the mount goau uh situation so there’s going to be a huge dump right and and uh when Mount goau settle these cases there’s going to be a huge dump and that’s going to act like a Shar dilution okay so let’s look at this look at that I just pulled it up I just typed it in Bitcoin drops below 59k amidst Mount Go’s payout concerns you see it all over the place Mount Go’s payout won’t be as brutal for Bitcoin as expected Mount go activist you see you see this Mount uh Bitcoin slips below 61 you see that all of the bad news now we just want to talk about bad news for a minute because when things are going down in stocks and crypto you find the worst news right then when it’s going up that’s all you find is bullish news Well I’m going to uh shout out a few people one being stocks with Josh I’m going to share some of the video that he made is going to further help you because he saw this coming and he called it not yesterday but the day before let me say this the charts are always right the charts reflect what’s happening fundamentally and then sometimes a news story or news Catalyst comes out of nowhere and it totally changes everything but the chart was also reflect that okay and the charts will show you where things are going all right and if you really know the charts you can make a lot of money well I’m saying that because stocks with Josh is one of the best technical analysts out there and if you’re if you work for CNBC or Fox Business you need to hire this gentl I want to play this video from stocks with Josh to further see what is happening on the negative end but what we have to look forward to means that it’s very possible that we could come back and touch the 20 EMA which brings us back to that prediction that I made to you guys on Friday of possible touch of the 55k area now here’s what causes me concerned before I make the exact comparison let me just point out to you guys why is this price Point significant it’s significant because this has a lot to do in the last cycle of where the price ultimately closed there’s times when you look at Wix and there’s times when you look at the body of the candle and right now it’s the body of the candle that’s super important now the price point that we needed to get back above was this 6339 this is the price point that we needed to close above on Sunday night and you can see that we just barely missed it and so that’s a huge problem guys because this thing was going to remain bullish if we could create a big enough Wick now we do have a wick here but we needed it to be a little bit bigger and we needed the body of this candle to close above 6339 that okay you heard that 6339 okay now he was referring to last Friday tomorrow that will be a week so he saw this coming potentially because Bitcoin crypto is so volatile this was one this was the bearish case and he also laid out a bullish case okay let’s further listen now if we had pulled down a little bit and we were up above and we opened above 6339 at the start of the new month then you could say that this technical breakdown might be forgivable but we didn’t we actually closed beneath an important line we back tested that important line confirming it and now I have a deep concern that we are going to move on to this $555,000 price so there you have it from uh stocks with Josh um look he is the resident Charter uh he is the best out there don’t even look any further okay but I will tell you um I agree 100% but he further goes and lays out his bullish he’s saying that this is short term but we still have a lot of bullishness uh in the future for crypto for Bitcoin all right and all crypto now remember I said after the having that it could literally it could literally trade for months sideways look at this chart really really good all right so now we could see that after the Hat having right after the having we have about 500 Days It’s actually an average of 480 days right from the having to the top of the next cycle right so we had the having in April I can prove that to you all right let’s look at this look at this uh blah blah blah blah blah blah blah blah blah the most recent having was in April you guys remember that that happened right we went live here so we know that April was the having now I want you guys to also look at this the average historical duration between a having and the next Market cycle top is of 480 days okay which is around a year and 4 months right April we’re only we’re less than a 100 days past the havoc and for people that are impatient and don’t understand the cycles of crypto um this is when a lot of people tap out you bought a little higher and then it comes lower and you tap out and you say crypto is a scam no it’s not you just have to be patient and understand the Cycles so here we go here is uh U the yellow here these are the having okay having having having so from the having here to here an average of 480 days to the top okay and then boom here’s the second having right here Bing and then 480 days I’m I’m getting to a point here’s the third having right here boom 480 days here we are right here at the having Bing we have plenty of time good people plenty of time to rebound the top of this cycle is going to be next year not even this year and so we’re going to have these trading ranges where we are bound cycle bound or should I say range bound and stocks with Josh showed you where we are for this time period 55 okay so we’re just stuck I’m not going to bring up a chart 55 is where we are now for those of you that bought at the high if you have any dry powder what you should be doing is looking at buying at the low and this is how we made money last cycle all right so good people I’m going to look you an eye and tell you I showed it to you guys I showed you guys where I lost $166,000 leave me a coffee cup if You’ seen my p&l I showed it to you I lost $166,000 why okay and then I’m going tell you the good news because at the end of the top of the bull cycle which I believe is yet to happen I didn’t believe we were in a markdown stage I didn’t accept the fact that we were in distribution at the top of the range right and I didn’t ex I didn’t accept the fact that we were in the markdown phase why everybody was bullish saying that it’s going to explode even higher and even me I bought into that and I get back in when I was already out but here’s the good part about it for me in my pockets I still profited $348,000 okay and so it was a lot of money yes but remember I got in early and some of my crypto was up 1,000% some of them was up 800% and I’m talking 2020 into 2021 so now that we understand better we do better so I am this is not 100% Anything could happen but me patient me personally you already know where I’m going with it I’m going to be patient and if my uh uh meme coins don’t trigger then they don’t trigger I’m going to be patient and then if they do I’m looking to buy back in and as a matter of fact I have a lot of money in crypto I’m looking to put even more but not at the highs When It Go High I’m pulling back when it drops low I’m going in and I’m going to do that for the remainder of this year but I am not looking for Bitcoin to hit 120 before I sell I am not I’m going to sell I’m telling you guys right now me personally I’m going to sell some at at 80 Larry why would you do that when because I’m not greedy and I don’t need as much as you need and also to think about this some people have hundreds some people have thousands some people have tens of thousands some people have hundreds of thousands so if you got a 5,000 in here in there and someone else has uh uh 200,000 they don’t have to ass assume the the amount of risk as you do follow and some have millions so they could get in and make a 100% which is easy in crypto and now they got 2 million follow so let’s just keep things in perspective I personally think that we have a long way to go let me know what you think remember to check out the links below hey if you want to win in the end with crypto and you don’t really understand it then um check out the crypto uh chapter in stock up you there will be a link provided also now for the class you could pay as little as $44 a month you can buy now and pay later by using afterpay uh Karma and affirm so there’s no reason for you to miss out we’ll see you later live love laugh and learn [Music]
CRYPTO…I’M TIRED OF THIS!!
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Thanks for watching the video [ CRYPTO…I’M TIRED OF THIS!! ]
25 Comments
Happy 4th Good People!! ✅ 🔥 ► 🎓 STOCK UP U Stock/Crypto Class: https://stock-up-u.teachable.com/p/investing-the-ultimate-beginners-course
I lost lots of money because of you
If crypto is doing what it does…… wait for Bitcoin to get back under 20k.
Yeah, i sold all of my crypto already which i should have done long time ago when it was at peak last- i feel like people are not finding any value in investing into it?
Uncle Larry, I took enough profit when crypto was rallying high enough to play with house’s money on all my crypto and crypto related positions. It’s a shame that you have to put out a video like this when crypto is dipping. Same crypto but offered at lower prices. People complaining about crypto dipping is pretty much like them going to the grocery store and complaining that the groceries they were buying weren’t marked up higher. Uncle Larry you’re the best. Much success on your investment “marathon!”
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Thanks Brother
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After I lost my ass in Dogecoin buying in at 47 cents in 2021 and buying all the way down finally selling all at 13 cents about 8 months later I vowed I’d never again touch crypto and am so glad for it… it’s garbage.. you’d have better odds playing roulette at the casino.. buy Nvidia and Tesla stock, and I might would also say buy Soundhound if you’ve got patience for a long term 3 year from now winner.. but crypto Gtf out of it before it crashes
For winner stocks I’d also add Dell, Apple, and Microsoft to tht list… I’ve learned tht trying to chase big winner stocks and then you wind up losing, you’re better off just buying the for sure winner companies, set it n forget it and add to it monthly and don’t screw with it for about 3 years
I'm just holding 🤷🏻♂️
Still trying to figure out the crypto mining company. Will it come back as the crypto rises. Got in around April, a little on the high the side at the time. Should a hold a little longer?
Hey uncle Larry, see if you can fix your thumbnail. It’s saying “IT’M TIRED” not “I’M TIRED”
This is why you don’t listen to YouTubers. Larry said there was support at $56k and it collapsed below it like nothing 😂
@STOCKUPwithLarryJones if I use afterpay will I still have lifetime access to the course new & old?
Crypto scams
https://youtu.be/k4Rh0ycy3hs?si=8bOZIRHN4hrqGOMG , Mr LJ use to remind us on this ..
Thank you so much Sir, for this opportunity to pay for your course with installments . I have been hoping for this opportunity 😊 but is it only applicable to the US citizens? I live in Germany and i couldn't find it the way it shows on this video.
What do you mean when you are gambling? What were the Q2 earnings? 🤣🤣
☕️ yeah with shib
He sounds nervous
Lol i saw the title i just bursted out laughing. Am Holding tight up or down 😂
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It sucks but it’s time to keep adding eventually market correction
We’re all tired of the flash crashes but it’s not time to sell only add more
Reality, nobody know what is really on going everyone just guessing.
JOSH CALLED IT AT 61K…5 DAYS AGO…MY STOP LOSS GOT TRIGGERED AT 59.9…I GOT A 10K BUY ORDER AT 58.8❤❤❤❤LOVE YOU JOSH