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visit the link in the description. Welcome to the Thinking Crypto podcast Crypto Watercooler
Series, Episode eleven with me Today's David the co host of the Next Block
YouTube channel. David, how are you doing today? I'm doing good man.
I mean, the ballmarket vibes are here as we're going to talk about
quite a bit of stuff that's going going on. The market seems like it's
at a pretty key inflection point and there's some excitement, there's some fear,
you know, well, yeah, let's get let's get into it. It's
a lot to talk about. Yeah, man, obviously bitcoin has been ripping
right right now. It's in a cool down phase, but it broke the
all time highs one to about seventy four K. So I'm very curious what
happens right before the having March is usually a down month for equities, so
Bitcoin's correlated, of course, and I'm hoping by April come to having bitcoin
pumps past eighty K. You think that's possible. Honestly, I wouldn't be
surprised if we pumped past eighty K before the having I mean right now.
You know, it's funny today, especially today, I was looking at so
many charts, from the Total two, the Total three, the US dollar
you know to bitcoin chart, the eighth to bitcoin chart. Literally everything seems
that like it's at a you know, a month, and I'm looking at
mostly on the monthly time frames. Everything is at like either support or resistance,
you know, based on what you're looking at, And it really seems
like the next you know, week, maybe two weeks where especially to close
out March, we're really going to see, you know, where we're headed
for the month of April. You know, part of me thinks, you
know, how can Bitcoin, especially with the attention it's got, the ETFs
approved, all the money that's flowing in. You know, there's the part
of me that's like, how can it not right just go to new all
time highs with the having happened, and you know, the supply being reduced
obviously and hopefully miners, you know, more miners coming into the network.
But I don't, I know, I don't know what are your initial thoughts
right now with where we're at and where we could go leading into it?
Yeah, I mean, you look at the chart and it looks like bitcoin's
bouncing upwards, right, but it could get rejected. That doesn't mean the
ballmarket it's over. We're talking a very much short term right now in the
media. I think we're going to higher highs for sure. But my hope
is that look with with the narrative of the having coming up and Bitcoin maybe
be consolidating, finding that bottom and balancing upwards. I think there's a high
probability of it going to eighty k plus and then possibly some people are saying
to ninety k and then you'll see retail start to fommo like crazy. I
think the magic number the psychological in my opinion is like ninety k, because
then they think not one hundred k is coming next, so it's going to
be incredible. And of course what we've been seeing is that meme coins have
been going crazy. The liquidity is hitting the meme coins. I mean,
I can't even keep up. Every day it seems there's a new meme coin.
Somebody's shilling it to me, some new meme coin in Solana. What
do you think about the meme coin craze? Well, to finish your thought
on bitcoin, I do think that you know, we definitely, you know,
one hundred k is honestly, I think possible too right around the having
and after the having, for sure. And I think a lot of the
pundits and a lot of the big wigs that you know throw out crazy numbers
will be throwing out the you know, quarter million half a minute, you
know, five, one hundred thousand dollars bitcoin price to really suck people in.
But I do think we will see, you know, it top out.
Maybe one hundred, one hundred and fifty K I think is maybe the
top for this cycle whenever it does come. But yeah, right now,
if you're like me and like a lot of people, you're probably holding a
lot of alt coins, right you're you're you know, you know, bitcoin
can double or triple maybe your money over a you know, six months,
but you know, alt coins can ten x, one hundred x and sometimes
if you get the really lucky one thousand x your money. And so we
need bitcoin to you know, to play along, right, So we need
it to continue to go up and with that, and especially the last few
months with bitcoin pushing past those new all time highs, you know, you
know, getting above that sixty nine K, we've seen all season run and
now we've seen Meme season really start to take off. I've definitely in some
Meme coins. I definitely I enjoyed the volatility. I enjoy the excitement of
it. I will say I faded. I was in early on some of
the best ones on Salona. I was actually telling people about Popcat and with
but I sold early because one, I hated the kind of the UI,
the user interface of some of the decks is with Solona, and I just
didn't like the failed transactions and just staring at that spinning wheel like hoping it
would go through. And so I actually left and went to Base. Right,
I was like Okay, let me try to, you know, get
ahead of the curve right on where this meme coin season craze is going.
And I was like, if coinbase wants to build up base to be the
chain right that they on board the next billion users with, I was like,
I want to be there. So I've been over in the in the
base meme coin season, and so far it's rewarding me pretty well. Nice
man. I haven't touched any of it. But I am not a hater.
You know, I'm not out saying oh you suck or whatever. If
you're making money, you know what you're doing, that's the important part.
More power to you, right because look, at the end of the day,
we're here to make money. Yes, we love the technology, Yes
we can see the real world applications, but we can't help anybody unless we
get financial freedom and we're able to set ourselves up for the future. You
know what I mean? Oh yeah, I mean you have to realize that
if you're in Solona meme coins, if you're in Base meme coins, whatever
ecosystem you're in, and you're training these things, you have to realize that
right now it is a casino and you know, at some point the casino
has to close, right, the house has to take the money, count
everything and whatnot. And so you just make sure you you know, you
got your plan in place to get out before before they shut the doors,
because once the mean coin craze dies off, and you know, that's when
you know, that's when fear really sets in and you can see some cascades
and people lose money, like you know in a few days, oh yeah,
sometimes even just a few hours, right, it films. But great
analogy with the casino. That's how I look at it as well. Meme
coins walking into the casino, you know, you're placing your bets. You
may win, you may not, and look maybe not as a risk risky
or maybe the odds are not so much against you as the casino, but
the odds at a certain level are against you eventually, you know, in
the timeline of when these coins go live and the hype of the market and
then the cool down of the market. So and I'd be interested to hear
your thoughts on like where do you think right now, especially with like ethereum
right and and it's you know, I've been looking at the eighth to bitcoin
chart and that one seems like it's ready to move. I just saw today,
I think that the fidelity filed for you know, Ethereum ETF So,
you know, what are your thoughts there with you know, maybe if Bitcoin
is going to stay choppy for a bit, do you see Ethereum making a
big move right now or does it does everything is just is just just waiting
for Bitcoin to make that next big move to maybe like eighty k or more.
Yeah, it's a great question. I've been trying to figure that out
a bit. What I've noticed though, is a lot of liquidity is going
to Solana instead of Etheroreum versus what we saw last cycle is that a lot
of it was going to etherorem after Bitcoin now right, but Solana seems to
be the entry point for all coined liquidity. It's been just going crazy now
that could change. We're still in what some would call phase two of the
bull market. Twenty twenty three was phase one. This year's phase two,
and then maybe twenty twenty five we see phase three. So I think Ethereum
and other coins like Cardono and XRP, which haven't really had any type of
run, I think they're going to start moving. But when is the is
the question. It's not a matter of if, but when. So we'll
see. Maybe Solana and meme coins are the way the market makers are pulling
in people like right, and then eventually the big boys are gonna run.
I think, think yeah, I mean, I did see an interesting chart
though, and this is still to my, my, my, you know,
positioning on Base is there was a lot of liquidity that started flowing from
Solana into some of the biggest The biggest winner was Base and I and I
don't know, I'm still bullish because I'm bullish on what Brian Armstrong and coin
base is trying to do. And I think if you're bullish on crypto in
America, you would be you know, you want to align even if you
don't agree with everything. Maybe coinbase does right and I don't, right,
I don't, you know, I don't hold most you know, big money
on centralized exchanges because I don't want my assets to get frozen there. But
I know that that comes with its own risks and rewards. But we have
to be behind these people because they're the ones, just like we're going to
talk about today, going to battle against the sec and corrupt regulators in our
space that are trying to destroy crypto and make it, you know, the
innovation go elsewhere. So that's why I'm bullish on Base. And I do
think that you know, as this as ethereum has to scale, which I
think Base is doing a decent job. I think you're going to see a
lot of liquidity, especially if they can onboard you know, their slogan is
to onboard the next billion users on the crypto. They have a lot of
cool things, and I think in the pipeline to do that, and so
I don't know, I think Salana, I think, you know, it
is going to have to be these faster, cheaper, uh you know chains
that are going to bring you know, on board the next you know,
billion users if you want to say that, Yeah, great point. And
I'm bullish on Coinbase for sure. I actually owned the coin based stocks,
sold some. I have some as well. I think with all the things
that they're doing, Base, they're custoding all the bigcoin ets. Blackrock is
a partner. I mean they partner with black Rock Securitize to tokenize investment funds
on ethereum. So I mean, you can't deny that you're working with the
biggest Wall Street institutions, and they're doing great things. And you know,
they got the clear runway I think in the United States as the largest largest
exchange being public, and they're fighting the SEC and scumbag regulator Gary Genser.
So get ri soon enough. I know it's it's wild man, because just
as news this morning broke that the judge did push back on Coinbase's item for
dismissal, but it doesn't mean anything major. They're just going to go into
discovery. And I support them all the way in fighting the SEC because we're
up against people who want to kill crypto and stop it, because they're puppets
on strings working for incumbents who are getting disrupted. Yeah. I mean you're
seeing tons of money flow into DeFi tons of money flow into these chains,
into you know, meme coins, whatever you want to call it, right,
but that's you have to think, that's money that's out of the old
regime's pocket. Right. They don't want that. They want to control the
system, and in a lot of these decentralized applications that are being built,
they lose that power because they can't control it. And so yeah, they
you know, that's the reason why I you know, I support coinbase.
I'm there to you know, try to do as much as I can to
help you know, on board the next billion users into crypto. It's not
easy, I will say, but it's getting easier. I think we're still
you know, maybe a few years away from you know, really mainstream adoption.
I think really the space has to get it just has to make it
easier, I don't, you know, and with wallets and just understand the
jargon. Even to even now with more people wanting to talk to me about
crypto at the coffee shop or if I'm at you know, at the store,
if I'm over at the beach and they you know, I tell them
I do it a crypto podcast. They're they're interested. And it's funny because
even some people are not only interested, they're like, oh, I hold,
you know, bitcoin and crypto. But then I'll spend like five minutes
talking to them, and everything I say still goes over their head, and
I'm like, man like, and I'm keeping it pretty pretty plain, like
I'm just talking about DeFi or n f T S or something, and they're
just like you can just see the blank stairs. They're like, yeah,
look, I'll be quite Frank, I have told some people just go to
ETF rout because they're like much older. I can't go tell them to move
it on going coin base, get a hardware wallet, move it over there,
do self, cussy. I can't tell them that, but I can
say, hey, look, why don't you talk to your investment advisor.
You get access to the ten big one ets that are out there. That's
the easiest thing. So I'm honestly and it's a yeah, that's that is
such a unique way because so many, so much, so many people are
would be so much more comfortable just with the way you explained it, like
talk to your financial advisor, have them, you know, recommend which ETF
could be good for you. And that just sounds so much better than you
know, trying to get someone to go the Djen route of getting their own
wallet, moving it off and then having to handle the keys and all that
mumbo jumbo. So yeah, that's why I'm ultimately bullish that we will see
bitcoin continue to rise, especially into the having and throughout this year. I
mean, there's so many other factors you could even throw in with political stuff
with the elections coming up, you know, I'm sure both sides want the
economy to be in a good spot and not you know, in a recession
or anything like that, so who knows. Yeah, And the other thing
I was gonna say, and it's related to what we were talking about with
coinbase. Coinbase if you saw was going down with peak traffic at when the
price was pumping, and I hope they take the billions they're making and buy
more servers, because that's one of the reasons why I'm also not saying,
hey, just go buy it on coinbase. There were a trust the plaf
and because then it goes down and then they're gonna be messaging me, dude,
what happened? I see a zero balance, Like I don't want to
deal with that, right, you know, there was a ton of people
who probably bought bitcoin that day later went back to check on their wallet and
saw I balanced a zero, and we're like, great, I'm already a
part of the first rug, right, yeah, I And even being on
base, right, I mean, Base is supposed to be scaling and making
it cheaper, and they even did an upgrade a few weeks ago to make
fees sub a penny. But then now that tons of people are like,
oh I want to use base. The fees at times have jumped to two
dollars five dollars, and I'm like, you know this is you know,
this's still an issue, Like you know, the space has to you know,
grow and get better if we're going to really onboard people. And that's
why I also think chains like Cardano, chains like Algorant XRP faster, cheaper
chains, and you know, they've not pumped like the rest of the market,
but I still think their time is coming because you know, real world
businesses are they can't build on a lockchain it's going to go down like Solana.
They can't build on a shaky platform that you know, their customers might
pay a penny fee one day and then a ten dollars feed the next.
They have to have something that's consistent that they know that they can plan for.
And so I'm bullish on many of those chains exactly, and I think
time will be it will reveal all things and change the landscape. I think
right now is still so early. And look there's also the vcs and people
who have big interests in big stakes in somebody's tokens. So I think once
though the consumer and the businesses like you're saying when it comes to the rubber
meeting to road, that the consumer always chooses the less hard you know path
and with less friction and the cheaper route and the faster route. That you
can't deny that that is just simple economics and business right, They'll go the
easiest route. So I think you're right on that front. Hadn't even follow
up though, I was just going to say, you know, maybe we
could transition write that into you know, the black rock and wanting to tokenize
everything. I mean, that is a huge thing as well. I think
that brings and obviously tokenizing a lot of things on the ethereum. That's a
bullish case for you know eth as well as many other chains with who that
are already have real world assets things being built on them. What are your
thoughts with that big movement. Yeah, I was surprised how soon we saw
that. You know, we've been hearing Larry Fink talk about it over the
past year. I was not expecting it this soon, and I think I
don't know if it was a play kind of a chess move because they want
the ETHEREOMYTF so they're trying to show hey, utility, Hey we're doing all
these different things with it, because there's a whole other layer to this,
with the SEC trying to go after etherorem now the reports that came out trying
to classify it as a security so I don't know if this was black rocks
chess move. In addition to their massive long term plans to start putting different
assets on the blockchain. I think this is the future. It's coming that
these are just the pilots, the test runs, and I think it's,
uh, it's gonna be amazing. They're gonna put everything on the blockchain.
Yeah, and and you know, i'd be interested to know your thoughts.
What chains right now do you see that which change do you think have the
best uh foot forward? I guess for enterprise grade real world tokenization of assets.
I mean, are do you think it's going to be just ethereum is
going to take the largest market share just because it is one of the largest
blockchains for smart contracts, or do you think that there's room for a lot
of these smaller layer ones that are faster and cheaper, you know, to
to steal and to maybe even steal the show. Yeah, I think it's
possible because we're still so early that somebody smaller folks can or blockchains can leavefrog
etherorem if you know, the den can upgrade, and all these upgrades don't
fix the problems that are the underlying problems. And I give an example.
I had John Wu from Avalanche on and they're working with City Bank and JP
Morgan to do tokenization. So you know, they're a preditory theorem. So
that's really big. But you know, look, it's it's like it's like
the dot com boom. You're not just gonna have one smart contract platform to
rule the entire market. There's there's gonna be Look, there's Google, there's
Being there's other search engines, there's other things happening. Right. Yes,
one may be the clear leader, but there's certainly a room for other competitors.
But who will be the leader is a big question. Yeah. Yeah,
And that's why I still have my you know, I still have my
bets on algorith That's one of the ones I like a lot because I already
see real word asset tokenization. I don't know if many people saw, but
Lofty AI invest to equity we're both on I'm pretty sure, Like you know,
mainstream TV being talked about their real world asset tokenization of real estate.
I mean with lofty AI, you can literally invest and buy fifty dollars tokens
of properties that are being you know listed, and then every day you're earning
daily rent from the from the tenets that are paying their So that's a really
cool one. Even with Vesta being able to pull that equity out of your
own home via tokenized sale of you know, almost like a home equity type
situation, but being able to put that out to investors and things. So
you know, there's tons of platforms that, like you said, can leap
for ag ethereum because they've already solved a lot of the issues with you know,
being cheap and being able to handle a high TPS. Maybe they're not
as decentralized in certain aspects, you know, maybe they don't have the VC
backing that some of these other bigger chains do, but from a technical standpoint,
they work, and they work well. Yeah. Absolutely, It's fascinating
to watch these things play out, and this is why I tell people to
diversify, Like, obviously, don't spread yourself too thin, but we just
don't know what the winners are going to be. Don't get me wrong.
Bigcoin is that speculation layer, the rising tide, the lips all boat.
So many coins will perform well, but for the long run, you know
which ones are your big bets that could get this real world adoption and utility.
But it's it's tricky. Depends on your investment strategy, if it's short
term or long term and things like that. Yeah, I'll step into the
next bit of news. Yeah, so couck coin getting slammed, But I
was telling people, I'm not surprised by this. They did it to finance.
They're just going to go after anybody who did who did not do KYC
and mL whether for a certain period of time, and just clean up the
market. That's all that's happening here. So I don't even see that as
a negative. I see that as a positive. It's removing any risk that
you know, may affect the prices. Yeah, I think it was last
year was the you know, midway last year, I think was the last
time I used any really big exchange that was outside of the US that I
really just thought could get hammered. And now I gave up. I pretty
stopped using mechs, stopped using cuck coin because so many of those like,
yes, you can, you can do some cool things, especially if you're
trying to leverage, you know and really play the you know, casino game
of crypto. But at the end of the day, you know, you
could you could just see the crack with you know, random tokens maybe being
held and people not being able to withdraw, and you know, you just
get scared right when you see things like that kind of fall into place.
And so to see something like this happened to Cuckoin, I wouldn't be surprised,
especially knowing that, you know, I just see Coinbase becoming one of
the largest exchanges to rival like a binance, especially after everything that happened to
Finance and everything is looking bullish for Coinbase to go in the future. I
mean, you know that Wall Street wants to wants to see Coinbase on top,
Larry Fink wants to see coinbas on top. So you know, I
just feel like a lot of these other exchanges, if they're not doing the
right things, especially if they're allowing US investors to be using it, you
know, you got to you gotta cross your t's and dot your eyes.
Yeah, so I think this news is just like, oh, Okay,
they think cuckin, but it's still in business. It's just aligned to the
kyc mL regulations that are going out worldwide. So every exchange in platform warn
Yeah, I feel like right now what you're seeing because if like I said
earlier, I said, I've been looking at so many different charts, right
and if you look at the total two and the total three and even just
the total coint uh, you know, crypto market cap, we're right now
at a level that is testing the previous all time highs that were set before
on some of them and others that like if you look back to that to
the last run, there was a lot of choppiness right here. So yeah,
we're probably gonna get some fud articles, some you know, just some
articles to put out there, some things that will happen to create some fear,
to make people feel like, you know, okay, this is the
top. We're about to, you know, have a really large correction.
I want to get out, and a lot of times not saying it's going
to happen, but that is a lot of times what happens right before that
next big leg up, and if we follow what the markets have done prior,
we could be looking at the next really big run for crypto and so
I think that's why you're getting a lot of this, uh you know SEC,
you know the stuff with Coinbase, cou coin, I mean just left
and right. It seems like the past few days are been you know,
a different article saying, you know, some type of fud in the crypto
markets. Yeah, like the SEC wants two billion dollars from Ripple either trying
to go after etherorem where there's now confusion between the CFTC and SEC. Just
a mess. And I think Gary Ginster is going to get more losses in
court. Uh, he's on the wrong side of history here. I think
Coinbase is going to kick their ass. And look the Ripple situation. They're
trying to get two billion. They are They're not going to get two billion
now, They're going to get some level of fine, which is it is
what it is. And then I don't think they're going to be able to
show etherorems as security because there's no clarity overall for the market and you have
a competing agency saying no, it's commodity and you guys agreed to this for
years. We launched the futures ETFs and so what's what's the problem. Yeah,
And like I said, I think it's just you know, it's planned,
uh, you know, fud right at a very pivotal you know juncture
of the market where you also have to think you have a lot of new
people who probably just entered the market because of the hype that bitcoin had running
from you know, I would say the thirty k range all the way up
to the new all time highs and breaking it briefly like that probably sucked in
a lot of new you know, new traders. And what happens usually when
that happens is you get a you get a local top, you come back
down, you find support before that next you know, big run up.
And I think that's just that's just where we are in the market. And
so you just have to be ready for you know, you know, you
just have your you have to have your strategy in place. Are you are
you swing trading this stuff? Are you just diamond handing and waiting for the
you know, eventual blowoff top? You know, what's your strategy for sure?
Yeah, definitely got to got to have a plan, write it down
and stick to that plan unless some black swan event happens. And it changes
the whole thing. I will say, I did see someone made a post
I think two days ago and right now, and this is equities. Right,
So the stock market is you know, it's it's gone so long without
a greater than two percent correction. And the only other times it's gone certain,
you know, or at least at this point was you know, dot
com, bubble await, financial crisis COVID nineteen and then back in like the
sixties. So right now we are definitely in bubble territory. It's just you
know it's gonna be you know, where are we are? We have we
already topped? And is this complacency before you know, a fallback down maybe
before the having or are we just going to get that real blowoff top,
you know, sometime this year and then see a crash. So I don't
know, it's it's looking dicey for sure. Yeah. So that's a great
point. And I wrote about this in my newsletter because it is an election
year. You can imagine Biden. I'm not saying I support Biden, but
I'm just saying in general, every president would want the economy to look good,
the stock market to look good, no major crashes, right, which
would scare people and say, oh, are we going to vote this guy
up? Nobody wants that or no president wants that, So I think they're
playing the game of the interest rate game? Right would they pause? And
well, I don't know if they're gonna cut because historically when they do cut,
something is usually breaking. It's bad and there's a huge correction. This
happened right before two thousand and eight around the two thousand dot com. It's
very much correlated. It's interesting, it's really really interesting, and it could
happen after the election, you know, that correction everybody's looking for because they're
just gonna keep pumping the markets. The FED may say we're not political,
but they're going to be influenced by the sitting president. So it's interesting to
see what happens. And this is why there's also the thesis out there the
blow off top of the crypto market could happen this year because the markets know
ray cuts are coming and there's usually a crash after that. Yeah, and
that you know for a lot of people, right, there's gonna be tons
of people who get into the market who don't know these things and you know,
but are still gonna be right for a time. And that's the thing
that like I feel like it's hard for is what I'm learning this cycle because
this is my truthfull you know, bull to bear to bull cycle and you
know, going into the next bear for me as a crypto investor and even
just in stocks and whatnot, but it's you know, there was a time
when I joined in the last Bowl where I was right for months on end
and I thought I had solved the game right, And so if that was
where I was in the twenty twenty twenty twenty one run up, like there's
going to be a time this year I believe where many people are going to
come in they'll be right for months on end and everyone will be high fiving,
everyone will be a genius on investing right before that rug is pulled.
It just doesn't feel like it's at that point of the market yet. To
me. It still feels like we're in that discovery phase on where we're actually
going to go. I don't know, I could be wrong. I hope
I'm not wrong, because I'm definitely very long on many of my alts and
you know, and like I said, the charts just seem to show that
we're just at a brief pause, kind of consolidation stage before that next leg
up. Yeah, and then you integrate the macro factors with the FED and
the presidential election cycle. I don't I think that there's a higher probability of
something happening after the election versus before both. We don't. We don't have
a crystal ball. Anything could happen, maybe like the black Swan event,
right, but I don't. I don't think so. And one of the
things I've been thinking about is the crash that everybody's been waiting for. Maybe
that was twenty twenty COVID, that was the wipeout. I don't know.
I mean, and that's where you know, if you zoom out far enough
right when and now zoom out, if you really zoom all the way out
and you look at you know, the stock market from you know SMP and
the NASDAK from creation, I mean, it can do this for a long
time, like year, you know, it can go up for years and
years and years before you see that. And I think, you know,
the COVID crash, really, that black Swan event has everybody at a heightened
sense of fear, and I think that's also a positive for the bulls because
people were always wondering when's the crash coming, when's the crash coming. So
when, especially in these volatile assets, when you get these ten percent fifteen
percent corrections, a lot of people just jump out. They're terrified. They're
like, oh my gosh, it's coming, it's here. But you know,
you really have to zoom out and get a bigger picture on like how
long these cycles can actually play out. And I still see plenty of room
even if we get a decent sized correction for equities and crypto maybe here in
the you know, coming weeks months, it's to me, it's just a
blip on where we're going. Because even last run Bitcoin it had like I
think five or six thirty percent or you know, close to that corrections on
its run, and you know, alts obviously had a lot more, you
know, bigger corrections than that stocks same, So you have to be you
know, you have to embrace the volatility. And I actually just watched a
clip today from one of the guys I actually pay to get his uh critique
on an analysis on the stock market and the crypto market. But when we're
at these inflection points, volatility is heightened and that's what we're seeing right now.
Like you just have to expect that when you're sitting at support or sitting
at resistance, there's going to be a lot. I mean, we even
saw that today with Bitcoin's price. There was like massive amount of lungs and
a massive amount of shorts. Bitcoin literally wigged up and wicked down and wrecked
both of them. So when there when there is leverage in the market,
that's what you get exactly. And you know, you brought up a great
point where the people who are waiting for that crash maybe that's the time to
buy or whatever it may be. That's good for the bulls because when it
doesn't happen to the degree that they're expecting and the price keeps going, they
fom away. And that's acually good for people who along the bulls right,
so they buy at the wrong time and they feed the fire to the ball
off top. Yeah. I feel like in the in the bear market,
you know, the dips, you you think they're you know, you buy
the dip because you think it's it's dipped as low as it's gonna go,
and then it dips lower. But in the bull market, the dips,
I feel like people want to get that that nice thirty forty percent pullback,
like, oh I sold here, I'm gonna buy forty percent lower. It
only goes five or eight percent and then it rips up and you just don't
get you know, the window of opportunity can be a lot smaller on the
bull run. So you really just have to, like I said, if
you're a swing trader, you got to have your your your plan in place
or you're gonna get wrecked. Yeah. Man, I'm excited for this bull
market, and I'm hoping like we you know, started to show with that
we enter April to this having what a nice pump to maybe eighty to ninety
I don't know for Bitcoin and alts keep moving, but exciting times. Man,
David, thank you so much for joining me. Man, Yeah,
excited, thanks for having me on the show. And hopefully when we talk
next, we'll be hopefully Bitcoin will be cruising to that hunter K spot and
because I know if it does, we're gonna be sitting good, that's for
sure, for sure,