WEBVTT 1 00:00:05.000 --> 00:00:08.359 Hey, everybody, Welcome into the Thinking Crypto podcast. You're home 2 00:00:08.480 --> 00:00:12.240 for cryptocurrency news and interviews. I'm your host, Tony Edward. 3 00:00:12.439 --> 00:00:15.000 On your way in. Please at that subscribe button as 4 00:00:15.080 --> 00:00:17.480 well as the thumbs up button and leave a comment below. 5 00:00:17.719 --> 00:00:20.320 If you're listening on a podcast platform such as Spotify 6 00:00:20.359 --> 00:00:24.800 or Apple, please leave a five star rating and review. Okay, folks, 7 00:00:24.839 --> 00:00:27.920 it's the day after the massive flash crash that we 8 00:00:28.039 --> 00:00:30.760 had yesterday, of course, and it was all triggered by 9 00:00:30.800 --> 00:00:34.640 President Trump announcing one hundred percent tariff on China. In 10 00:00:34.679 --> 00:00:37.479 addition to other things, the stock market and the crypto 11 00:00:37.600 --> 00:00:40.759 market all dumped, and of course, in yesterday's podcast we 12 00:00:40.840 --> 00:00:43.200 talked about, you know, letting the dust settle. I do 13 00:00:43.280 --> 00:00:46.079 believe we're still in a bull market because the macro 14 00:00:46.520 --> 00:00:49.719 support levels and structure is still intact. This is based 15 00:00:49.759 --> 00:00:52.000 on the data. If there was in validation, I would 16 00:00:52.039 --> 00:00:55.079 be here saying guys, it's over pack it up, right, 17 00:00:55.119 --> 00:00:57.920 And that would be very hard to do because I 18 00:00:58.000 --> 00:01:00.880 have skin in the game. I am my crypto portfolio. 19 00:01:00.960 --> 00:01:03.079 I have some stocks and I want to see them 20 00:01:03.119 --> 00:01:05.799 go higher, of course, and make profits. But we have 21 00:01:05.840 --> 00:01:07.719 to be realistic, you know, One of the things I 22 00:01:07.799 --> 00:01:10.719 highlight yesterdays is that Bitcoin wicked to that two hundred 23 00:01:10.760 --> 00:01:12.719 day moving average. You can see the green line on 24 00:01:12.760 --> 00:01:15.920 my screen, and I've often stated when we are above 25 00:01:16.239 --> 00:01:18.359 that two hundred day moving average, we are in a 26 00:01:18.359 --> 00:01:20.799 bull market. When we are below it, we are in 27 00:01:20.879 --> 00:01:24.000 a bear market. Now, time does play a factor because 28 00:01:24.000 --> 00:01:27.239 we've seen in this bullmarket, bitcoin has gone below the 29 00:01:27.239 --> 00:01:29.599 two hundred day moving average, but then it bounces right 30 00:01:29.680 --> 00:01:32.359 up right it recovers, because if it stays down there 31 00:01:32.400 --> 00:01:35.040 and keeps going down, that's a bear market. You can 32 00:01:35.079 --> 00:01:36.879 look at this on the stock market s and P 33 00:01:37.000 --> 00:01:39.640 five hundred as well. If you're below this moving average 34 00:01:39.640 --> 00:01:42.280 and you're in a down trend, it's bear market territory. 35 00:01:42.280 --> 00:01:44.359 But if you are above it and holding strong, it's 36 00:01:44.400 --> 00:01:47.680 bull market territory. So we're still above it, and the 37 00:01:47.840 --> 00:01:51.799 art assign the daily chart it is currently hitting I 38 00:01:51.879 --> 00:01:54.239 believe about let me move myself out of the way 39 00:01:54.280 --> 00:01:58.719 here at about thirty seven, so we know anything near thirty 40 00:01:58.719 --> 00:02:02.640 and below it is in the oversoul zone. So we're 41 00:02:02.640 --> 00:02:04.760 headed there. So we could see a little bit more 42 00:02:04.840 --> 00:02:08.000 downside for bitcoin as well as all coins before we 43 00:02:08.159 --> 00:02:10.840 bounce because markets are cyclical. We don't stay in the 44 00:02:10.879 --> 00:02:13.879 oversoul zone like we don't stay in the overbond zone 45 00:02:13.879 --> 00:02:16.479 for a long time. It's like a pendulum swinging back 46 00:02:16.520 --> 00:02:19.639 and forth. Now, on the monthly chart, if you look 47 00:02:19.680 --> 00:02:24.919 at the red candle from you know what happened yesterday, nothing, guys, 48 00:02:25.319 --> 00:02:28.960 it's not even registering in some major correction because it's 49 00:02:29.000 --> 00:02:33.360 really nothing. The severity of course with the leverage being flushed, 50 00:02:33.639 --> 00:02:36.280 I think that has hurt more people, you know, and 51 00:02:36.280 --> 00:02:37.680 a lot of people are crying and we're going to 52 00:02:37.759 --> 00:02:40.960 talk about leverage and so forth. But it's not even 53 00:02:41.000 --> 00:02:44.400 registering on the monthly because these things have happened in bullmarkets. 54 00:02:44.439 --> 00:02:46.759 And if you saw what happened earlier this year with 55 00:02:46.879 --> 00:02:50.280 the big tariff settle off, that was huge because it 56 00:02:50.319 --> 00:02:52.919 was that initial shock, right, a true blacks one, and 57 00:02:52.960 --> 00:02:55.199 this is kind of a pseudo blacks one event because 58 00:02:55.439 --> 00:02:58.240 we didn't see Trump announcing on a Friday, you know, 59 00:02:58.280 --> 00:03:01.319 after Morgan Stanley said their opening up crypto that he's 60 00:03:01.319 --> 00:03:03.280 a launch He's going to launch this against China, and 61 00:03:03.280 --> 00:03:05.639 the things are getting worse than all the YadA YadA, right, 62 00:03:06.319 --> 00:03:08.599 But on the monthly, guys, bulls are in control of 63 00:03:08.599 --> 00:03:11.479 the RSI, not overheated like the levels we've seen in 64 00:03:11.520 --> 00:03:15.360 the past. So the structure is still there, folks, and 65 00:03:15.520 --> 00:03:17.840 the fear and greed index is in the fear zone. 66 00:03:17.919 --> 00:03:21.120 So what we could see there's a couple of scenarios here, 67 00:03:21.719 --> 00:03:24.360 is that next week or the week after we start 68 00:03:24.400 --> 00:03:27.719 seeing a V shape recovering. But it could take longer. 69 00:03:27.879 --> 00:03:29.360 So I want to make sure you guys are prepared 70 00:03:29.400 --> 00:03:32.919 for multiple scenarios because as educated investors, you got to 71 00:03:32.919 --> 00:03:35.280 look at multiple scenarios and then look at which one 72 00:03:35.319 --> 00:03:37.479 has the higher probability of playing out. Because we don't 73 00:03:37.520 --> 00:03:39.919 have a crystal ball. This is a concept that's hard 74 00:03:39.960 --> 00:03:42.639 for many people. They need certainty, they need to know, oh, 75 00:03:42.759 --> 00:03:45.280 this is what exactly is going to happen, But no 76 00:03:45.280 --> 00:03:47.360 one can do that. We can only put out our 77 00:03:47.439 --> 00:03:50.319 thesis and give the different scenarios. And this is how 78 00:03:50.400 --> 00:03:53.759 people who are educated about markets and understand the ins 79 00:03:53.800 --> 00:03:56.960 and outs operate, guys. So I'm trying to share that 80 00:03:57.120 --> 00:03:59.520 educational aspect. That is something I had to learn because 81 00:03:59.560 --> 00:04:01.840 I didn't. I was like many people, you know, just 82 00:04:01.919 --> 00:04:04.639 moving around with the emotional roller coaster of the market. 83 00:04:04.719 --> 00:04:07.120 Now I look at the data and I leave my 84 00:04:07.159 --> 00:04:11.000 emotions to the door. So with the RSI for Bitcoin 85 00:04:11.360 --> 00:04:14.120 near that over soul zoned, if the fear and greed 86 00:04:14.159 --> 00:04:17.680 index in fear and the macrostructure is still intact, I 87 00:04:17.800 --> 00:04:21.560 expect the reversal. But if this recovery takes a little 88 00:04:21.600 --> 00:04:24.480 bit longer, maybe it goes out a month. Right, let's 89 00:04:24.480 --> 00:04:26.959 just say argue for argument's sake, it goes out a month. 90 00:04:27.360 --> 00:04:29.639 What does that mean for the blow off top? We 91 00:04:29.720 --> 00:04:33.040 could see that be pushed into Q one twenty twenty six, 92 00:04:33.360 --> 00:04:36.040 because the timeline keeps getting pushed back, just like it 93 00:04:36.120 --> 00:04:38.759 was pushed back based on the big tariff sell off 94 00:04:38.959 --> 00:04:40.439 that we saw at the beginning of the year. Right, 95 00:04:40.519 --> 00:04:43.199 we saw guys a rally into July and August, which 96 00:04:43.199 --> 00:04:46.199 we usually don't see in summer. It's the selling may 97 00:04:46.240 --> 00:04:48.759 go away, right, But we actually hit a new all 98 00:04:48.839 --> 00:04:50.879 time high in August. So you can see how the 99 00:04:50.879 --> 00:04:53.600 timeline has been adjusted because of a block swan event 100 00:04:53.879 --> 00:04:56.160 like the teriffs. So I hope you understand that, right. 101 00:04:56.199 --> 00:04:58.720 You have to take that into account. So would this 102 00:04:58.879 --> 00:05:03.399 additional tower delay and roadblock this could push us into 103 00:05:03.480 --> 00:05:05.480 Q one, So keep that in the back of your 104 00:05:05.480 --> 00:05:07.839 mind that this could be pushing to q on or 105 00:05:08.240 --> 00:05:11.720 the market quickly recovers. In November December, we see the 106 00:05:11.720 --> 00:05:15.199 blow off top. Those are my two scenarios how I'm 107 00:05:15.199 --> 00:05:17.839 planning because like I said, I have crypto, I have 108 00:05:18.319 --> 00:05:20.480 skin in the game. I'm looking to take profits. Right, 109 00:05:20.519 --> 00:05:23.000 many of you know that. So we got to be 110 00:05:23.079 --> 00:05:26.040 prepared for both scenarios. And we have to see how 111 00:05:26.079 --> 00:05:29.560 long this recovery takes. But it doesn't mean we're not 112 00:05:29.600 --> 00:05:33.639 in a bull market now, guys, you know we should 113 00:05:33.720 --> 00:05:37.120 have known this move was coming. Why remember when I 114 00:05:37.160 --> 00:05:40.639 shared on September twenty ninth that Jim Kramer posted a 115 00:05:40.680 --> 00:05:43.800 tweet saying by crypto, and then the same week he 116 00:05:43.879 --> 00:05:48.120 went on CB see Fast Money with Andrew Ross, Sorkin 117 00:05:48.279 --> 00:05:50.639 and so forth, And I said, he's usually not on 118 00:05:50.680 --> 00:05:53.600 those shows, right, he has his own show. He was 119 00:05:53.639 --> 00:05:56.000 on there talking about how crypto is great and so forth. 120 00:05:56.319 --> 00:05:59.759 We should have known because bitcoin has started its small 121 00:05:59.839 --> 00:06:02.600 move move upwards. And then after he said that the 122 00:06:02.639 --> 00:06:05.399 market pumped all the way to one twenty six. Well, 123 00:06:05.439 --> 00:06:08.399 if Kramer is bullish, you know you got to inverse him. 124 00:06:08.399 --> 00:06:12.040 And of course lo and behold massive dump right, It 125 00:06:12.120 --> 00:06:15.519 never fails inverse Kramer. Now, the silver lining the good 126 00:06:15.519 --> 00:06:18.199 news here is that he's been posting bearers stuff. I 127 00:06:18.240 --> 00:06:23.000 shared it in yesterday's podcast. So maybe the recovery is 128 00:06:23.040 --> 00:06:25.920 coming for the stock market in crypto sooner than expect 129 00:06:25.920 --> 00:06:28.319 it because he's so bearished, you know, saying all these things. 130 00:06:28.360 --> 00:06:31.279 So we should have known, guys, the warning sign was there. 131 00:06:31.360 --> 00:06:34.079 Even though the market rallied. We should have known. Wait 132 00:06:34.120 --> 00:06:37.759 a minute, don't trust this pump. Don't trust this rally 133 00:06:38.279 --> 00:06:41.639 because inverse Kramer was playing out here. Man, this guy 134 00:06:41.680 --> 00:06:46.399 doesn't miss I swear now you got you know, bigcoin 135 00:06:46.439 --> 00:06:48.360 and all coins all pulling back, and a lot of 136 00:06:48.360 --> 00:06:52.240 different analysts are highlighting on the charts that this once 137 00:06:52.279 --> 00:06:55.759 again doesn't break the macro structure, doesn't invalidate the bull market. 138 00:06:55.839 --> 00:06:58.759 In fact, some of it is actually very good with 139 00:06:58.800 --> 00:07:03.079 regards to read tests of support, and for example, crypto 140 00:07:03.079 --> 00:07:06.639 Wizard says, here's or there's the retests. Our bears heading 141 00:07:06.639 --> 00:07:09.439 for another trap from the bottom. I projected a breakout 142 00:07:09.480 --> 00:07:12.199 on eight followed by a retest, just like we saw 143 00:07:12.240 --> 00:07:15.759 in twenty twenty. Well, it's just retested whether the storm. 144 00:07:15.800 --> 00:07:20.360 It's not over yet. Macro investor Ralph Pale shared the 145 00:07:20.519 --> 00:07:24.439 total crypto market cap excluding Bitcoin, etherorem and stable coins, 146 00:07:24.639 --> 00:07:27.639 and he says the total crypto market cap barely registered 147 00:07:27.639 --> 00:07:30.560 the wild moves yesterday. Now this is on the zoom 148 00:07:30.639 --> 00:07:34.360 that one week chart. The large wedge pattern remains fully 149 00:07:34.439 --> 00:07:38.040 intact and the larger move of an accelerated break of 150 00:07:38.439 --> 00:07:42.120 one trillion dollars still lies ahead as liquidity continues to 151 00:07:42.160 --> 00:07:45.720 flow into the markets to roll the debts. So you 152 00:07:45.839 --> 00:07:48.120 got to zoom out here, right, He's very much zoomed 153 00:07:48.120 --> 00:07:50.439 out here on the chart, because if you're looking at 154 00:07:50.439 --> 00:07:53.839 the hourly, the daily, and very you know, only within 155 00:07:53.839 --> 00:07:55.600 the past three months or so, you're not going to 156 00:07:55.639 --> 00:07:58.160 see good things. But when you zoom out, you see 157 00:07:58.199 --> 00:08:00.680 the macro structures still intacked. That's what I'm trying to 158 00:08:00.680 --> 00:08:03.920 share with you guys. So the charts are showing us, 159 00:08:04.040 --> 00:08:07.160 the global liquidity is showing us the bitcoin whale on 160 00:08:07.319 --> 00:08:09.959 chain data is showing us still in a bull market. 161 00:08:10.319 --> 00:08:13.279 And here's what legendary trader Peter Brandt had to say. 162 00:08:13.279 --> 00:08:15.439 Many of you may recall I had him on the 163 00:08:15.439 --> 00:08:18.279 podcast last year and he shares a lot of great 164 00:08:18.360 --> 00:08:21.360 chart analysis. The man who's been doing this since the seventies, right, 165 00:08:21.399 --> 00:08:25.240 trading commodities and much more. Now he's trading crypto. He says, 166 00:08:25.319 --> 00:08:27.639 a final few posts for the weekend, and I will 167 00:08:27.720 --> 00:08:30.800 leave you youngsters with your dreams. He shared charts for 168 00:08:31.079 --> 00:08:34.799 XRP and other assets and here's his notes. XRP just 169 00:08:34.840 --> 00:08:38.200 a minor reaction in the bigger theme of things. Again, 170 00:08:38.399 --> 00:08:41.919 a zoomed out macro chart. Here's what he's showing. He says, 171 00:08:41.919 --> 00:08:46.159 for Bitcoin Bowl still alive and well Xlm'm talking about Stellar, 172 00:08:46.480 --> 00:08:49.279 a bull waking from a nap. He says, Eth is 173 00:08:49.360 --> 00:08:52.240 ready to rock and roll. So he shared all the 174 00:08:52.320 --> 00:08:55.360 charts here, guys, all of it the macro view again, 175 00:08:55.840 --> 00:08:58.600 no invalidation of the structures. So this is not an 176 00:08:58.600 --> 00:09:01.200 emotional take, guys. This is just the data. If you 177 00:09:01.240 --> 00:09:03.360 go study the charts and look at the patterns, it's 178 00:09:03.399 --> 00:09:06.960 all there, right. What's interesting and this is a sign 179 00:09:07.279 --> 00:09:09.840 of things that come. Many of you may know this, 180 00:09:09.960 --> 00:09:13.519 but z cash, the privacy coin that has been pumping, 181 00:09:13.559 --> 00:09:16.000 and it held up. It didn't it almost didn't get 182 00:09:16.039 --> 00:09:19.960 affected by this pullback, and it's like this anomaly. But 183 00:09:20.360 --> 00:09:23.279 it's a sign, guys, because things like this don't happen 184 00:09:23.279 --> 00:09:25.919 in a bear market. Every when a bear market, everything's 185 00:09:26.000 --> 00:09:29.320 going down, right, nothing's pumping after a flash crash like 186 00:09:29.440 --> 00:09:33.000 it like this, right. So z cash, I think is 187 00:09:33.639 --> 00:09:37.000 kind of the rotational liquidity from B and B which 188 00:09:37.000 --> 00:09:38.840 has been going nuts. If you look at you know, 189 00:09:39.000 --> 00:09:41.240 z cash on the chart, even on the seven day, 190 00:09:41.720 --> 00:09:44.399 this thing didn't even register to pullback like we saw 191 00:09:44.440 --> 00:09:47.360 any other all coins. It's wild, man. Even if you 192 00:09:47.399 --> 00:09:50.360 look at it's weekly chart and so forth, it's crazy. 193 00:09:50.440 --> 00:09:54.559 So again, these little breadcrumbs are showing us bull market's 194 00:09:54.600 --> 00:09:58.080 still intact. Now. I shared some thoughts today which I 195 00:09:58.120 --> 00:10:01.080 think are very important, you know, a reminder for many 196 00:10:01.080 --> 00:10:02.519 of us who have been in the market, but also 197 00:10:02.559 --> 00:10:05.960 for the new people. It's important to know because you 198 00:10:06.000 --> 00:10:08.360 see a lot of people crying today because and it's 199 00:10:08.360 --> 00:10:12.879 not the spotholders, it is the leverage players. I keep 200 00:10:12.879 --> 00:10:15.559 telling you guys, don't use leverage. Buy the blood on 201 00:10:15.600 --> 00:10:18.559 the streets, buy the bear market bottoms in spot and hoddle, 202 00:10:18.960 --> 00:10:22.200 and then sell the blow off euphoric phase. That is 203 00:10:22.279 --> 00:10:24.679 the best way to make money in this market. Yes, 204 00:10:24.759 --> 00:10:27.960 you can swing trade, because swing trade, I've often told 205 00:10:27.960 --> 00:10:31.360 you guys, when you see swings right in the market 206 00:10:31.440 --> 00:10:34.519 based on the ebbs and flows, you're still using Spot 207 00:10:34.559 --> 00:10:37.080 and even if it doesn't work out the same way 208 00:10:37.120 --> 00:10:39.480 that you're thinking, you can still just hold that asset. 209 00:10:39.519 --> 00:10:43.000 You're not getting liquidated. So I said, here some perspective 210 00:10:43.120 --> 00:10:46.320 on this flash crash. If you didn't use leverage, you 211 00:10:46.360 --> 00:10:49.559 didn't get liquidated or lose your shirt. If you're holding 212 00:10:49.559 --> 00:10:52.559 SPOT positions and bought during the bear market lows and dips, 213 00:10:52.759 --> 00:10:56.759 your portfolio is up on the higher timeframes, but down 214 00:10:56.879 --> 00:10:59.519 in the short term. So obviously with yesterday's pull back, 215 00:10:59.559 --> 00:11:02.240 everybody portfolios down. But if you zoom out, you know, 216 00:11:02.279 --> 00:11:05.879 based on where your entry price was, you're up. I 217 00:11:05.919 --> 00:11:09.879 said here, when markets experience severe pullbacks and corrections like this, 218 00:11:10.039 --> 00:11:13.000 that's the time to buy. Many people make the mistake 219 00:11:13.039 --> 00:11:16.679 of buying into pumps or at the resistance levels, where 220 00:11:16.879 --> 00:11:18.840 you know they're not looking at the charts just seeing, oh, 221 00:11:18.840 --> 00:11:21.919 everything's pumping, let me go buy. That's the wrong time 222 00:11:22.000 --> 00:11:24.879 to buy now. If you're new to crypto, I want 223 00:11:24.879 --> 00:11:27.480 to caveat this and this is your first time coming in. 224 00:11:27.879 --> 00:11:30.159 I understand you may want to get a position before 225 00:11:30.200 --> 00:11:32.600 you miss out, but you have to understand if you're 226 00:11:32.639 --> 00:11:38.240 buying into greed and pumps, the likelihood that the market's 227 00:11:38.279 --> 00:11:40.240 going to roll over in the short term or even 228 00:11:40.559 --> 00:11:44.240 a macro top is there. So you have to figure 229 00:11:44.279 --> 00:11:46.559 out where are we in the cycle. So that's why 230 00:11:46.559 --> 00:11:50.480 it's very important to be a contrarian to what's happening 231 00:11:50.559 --> 00:11:53.000 in the mainstream and much more and buy when everybody's 232 00:11:53.039 --> 00:11:56.080 fearful and buying the dips like the flash crash. That 233 00:11:56.240 --> 00:11:59.080 is a gift. You have to look at it as 234 00:11:59.080 --> 00:12:01.360 a gift to be able to enter the market at 235 00:12:01.399 --> 00:12:03.759 these prices because we know the top is not in 236 00:12:03.799 --> 00:12:07.039 based on the data. So it's hard, but you have 237 00:12:07.080 --> 00:12:10.360 to unlearn the mainstream programming from the likes of Jim 238 00:12:10.440 --> 00:12:13.360 Kramer and CNBC Fast Money Right and things like that. 239 00:12:13.720 --> 00:12:15.519 You've got to be able to learn some of these 240 00:12:15.639 --> 00:12:18.679 market cycles and signals and data points and charts. You 241 00:12:18.720 --> 00:12:20.759 don't have to be a Wall Street expert. That's not 242 00:12:20.799 --> 00:12:23.039 what we're doing here. But we need to know enough 243 00:12:23.240 --> 00:12:26.120 so that we're not fooled and we don't become dumb money. 244 00:12:26.320 --> 00:12:27.759 We want to be smart. We want to be on 245 00:12:27.759 --> 00:12:30.399 the side of smart money. So you know I said, 246 00:12:30.480 --> 00:12:33.840 learn to buy when there's blood in the streets. Of course, 247 00:12:33.960 --> 00:12:36.320 always do your own research and only invest what you're 248 00:12:36.360 --> 00:12:39.799 willing to lose. I also added the following, let this 249 00:12:40.039 --> 00:12:43.279 flash crash be a reminder of the following. A bear 250 00:12:43.399 --> 00:12:47.120 market will come after this bull market tops. Markets are cyclical, 251 00:12:47.240 --> 00:12:52.120 and narratives such as utility institutions are here, buying is 252 00:12:52.919 --> 00:12:55.559 two zero two to two two or whatever number is 253 00:12:55.559 --> 00:12:58.759 out there are fed now, and this and that don't matter. 254 00:12:58.879 --> 00:13:03.120 They're just narratives. The game is liquidity. Markets follow global liquidity. 255 00:13:03.399 --> 00:13:05.919 You have to play the cycles by buying the blood 256 00:13:05.919 --> 00:13:08.919 on the streets and selling the EU four degree tops. So, 257 00:13:09.320 --> 00:13:12.399 time and time again, the people who are screaming utility 258 00:13:12.559 --> 00:13:15.600 and this and that narrative. Right when the market pulls 259 00:13:15.639 --> 00:13:18.399 back and everything pulls back due to different factors or 260 00:13:18.480 --> 00:13:22.679 cyclic cyclicality or quantitative tightening, and the FED and the 261 00:13:22.720 --> 00:13:26.159 essential banks, you know, sucking out the liquidity, everything corrects. 262 00:13:26.399 --> 00:13:28.399 People forget that and they get caught up in the 263 00:13:28.480 --> 00:13:31.360 narrative because the narrative is the shiny thing that makes 264 00:13:31.360 --> 00:13:34.039 you think it's gonna go up forever, right, But markets 265 00:13:34.039 --> 00:13:37.960 don't go up forever. They're cyclical. Now, if you're looking 266 00:13:38.000 --> 00:13:40.720 at a fifty year timeframe, of course it just looks 267 00:13:40.759 --> 00:13:43.679 like this incline. But we don't live by fifty year 268 00:13:43.840 --> 00:13:47.200 time frames, so many of us are on more short 269 00:13:47.279 --> 00:13:50.039 term three, four years, even one year, right, So we 270 00:13:50.120 --> 00:13:53.759 need to understand the cyclical pattern. Take our profits accordingly, 271 00:13:53.879 --> 00:13:58.120 buy the blood on the streets accordingly, and rinse and repeats. Right. 272 00:13:58.240 --> 00:14:01.679 So this is something that keep in mind, guys, So 273 00:14:01.720 --> 00:14:04.480 important to keep in mind. Now. I know there's the outliers, 274 00:14:04.519 --> 00:14:07.200 the people who are saying, hey, man, Tony, I'm holding 275 00:14:07.279 --> 00:14:10.000 for ten plus years. Yes, but you're an outlier. The 276 00:14:10.039 --> 00:14:13.320 majority of us, including myself, need to, you know, take 277 00:14:13.360 --> 00:14:16.679 some profits because we have we have life to live, 278 00:14:16.840 --> 00:14:19.440 we got family, we got debt to eliminate, we got 279 00:14:19.480 --> 00:14:21.279 to spend. Some of you want to buy a house, 280 00:14:21.519 --> 00:14:23.240 Some of you want to do upgrades to your house. 281 00:14:23.320 --> 00:14:25.639 I want to do upgrades in my house. Right, So 282 00:14:25.799 --> 00:14:28.840 it depends on your financial situation. But the majority, obviously, 283 00:14:28.919 --> 00:14:32.200 we have to ride the cyclical patterns. So don't get 284 00:14:32.240 --> 00:14:35.759 blinded by narratives. People sell you all types of fairy tales. 285 00:14:36.120 --> 00:14:38.440 The important thing is that data and markets are driven 286 00:14:38.440 --> 00:14:41.360 by Global Liquidity. Folks, this episode is brought to you 287 00:14:41.360 --> 00:14:44.159 by Propy. Property is leading to charge. We're putting real 288 00:14:44.240 --> 00:14:47.080 estate on chain. I am a Propy token holder. I 289 00:14:47.120 --> 00:14:50.320 have been since twenty eighteen. I remember buying this token 290 00:14:50.440 --> 00:14:53.519 on bittracks and when I discovered them, I realized they 291 00:14:53.519 --> 00:14:55.840 were head of the curve with putting real estate on chain, 292 00:14:56.000 --> 00:15:00.039 disrupting the world's largest asset class. With blockchain technology. You 293 00:15:00.080 --> 00:15:02.320 can use Propy to buy and sell your house or 294 00:15:02.399 --> 00:15:04.639 condo or whatever it is and get crypto. You can 295 00:15:04.679 --> 00:15:08.120 sell it for crypto, so that's amazing. And they've put 296 00:15:08.519 --> 00:15:12.360 deeds on chain, They've created NFTs for properties. They're a 297 00:15:12.440 --> 00:15:15.519 licensed Web three pioneer. They've been operating since twenty seventeen 298 00:15:15.759 --> 00:15:19.840 and they've facilitated over four billion dollars in transactions. And Folks, 299 00:15:19.879 --> 00:15:22.399 they use coinbase for the crypto escro service for the 300 00:15:22.440 --> 00:15:25.440 buying and selling. Once again, I'm very bullish on this project, 301 00:15:25.440 --> 00:15:29.120 and in fact, billionaire investor Tim Draper, he is invested 302 00:15:29.120 --> 00:15:31.200 in his project. He was an early investor and he's 303 00:15:31.200 --> 00:15:34.679 still very active promoting them, and he's still a holder 304 00:15:34.759 --> 00:15:38.720 of equity in the company and tokens and much more so, guys, 305 00:15:38.799 --> 00:15:41.240 we know real estate's going on chain and propies leading 306 00:15:41.240 --> 00:15:43.440 to charge. So if you like to learn more, go 307 00:15:43.519 --> 00:15:46.159 to propy dot com. Link will be in the description. 308 00:15:46.360 --> 00:15:49.600 Now look at this news Galaxy Digital, that's Mike Novogratz's 309 00:15:49.679 --> 00:15:53.279 firm raises four hundred and sixty million to transform Texas 310 00:15:53.320 --> 00:15:57.039 bitcoin mine into an AI data center. So what we're 311 00:15:57.039 --> 00:16:01.200 seeing is that these bitcoin minors are now expanding to 312 00:16:02.279 --> 00:16:06.120 AI data centers to offer compute because I think that's 313 00:16:06.120 --> 00:16:08.039 a big business as well. So it's smart that they're 314 00:16:08.080 --> 00:16:11.600 doing that and diversifying their revenue. So interesting move here 315 00:16:11.639 --> 00:16:14.559 by Mike Novogratz. Let me give you some more details. 316 00:16:14.759 --> 00:16:17.639 So they secured that four hundred and sixty million dollars 317 00:16:17.759 --> 00:16:21.200 private investment from one of the world's largest asset managers 318 00:16:21.440 --> 00:16:25.000 to accelerate the transformation of its former bitcoin mining site 319 00:16:25.039 --> 00:16:28.480 in Texas into an AI data center. The deal involves 320 00:16:28.480 --> 00:16:32.279 the purchase of twelve point seven seven million Class A 321 00:16:32.440 --> 00:16:35.720 shares at thirty six dollars per share, with the proceeds 322 00:16:35.759 --> 00:16:39.639 earmarked for general corporate use and the expansion of its helios. 323 00:16:39.720 --> 00:16:44.039 Campos expected to deliver one hundred and thirty three megawatts 324 00:16:44.039 --> 00:16:46.879 of IT capacity. In early twenty twenty six, the company 325 00:16:46.879 --> 00:16:50.679 announced sobriety. So expect to see more bitcoin miners doing 326 00:16:50.720 --> 00:16:55.200 these things, guys, because AI, of course is another technology 327 00:16:55.320 --> 00:16:58.600 is running in parallel with blockchain, and they complement each other. 328 00:16:58.759 --> 00:17:02.960 And not to mention Robonic, even the solar energy movement, 329 00:17:04.160 --> 00:17:07.599 and then you've got space exploration. There's there's so much happening, guys. 330 00:17:07.599 --> 00:17:12.079 So very interesting news here. Look at this Trump mull's 331 00:17:12.200 --> 00:17:15.799 pardon of Binance founder Chang Peng Zau known as Cizi, 332 00:17:15.960 --> 00:17:19.759 amid concerns over optics. So at some point I feel 333 00:17:19.759 --> 00:17:25.160 like he's going to pardon Czi. Look, Trump is very transactional. 334 00:17:25.200 --> 00:17:28.559 We've seen him part in some people, some very controversial 335 00:17:28.720 --> 00:17:31.279 folks and some of who I don't agree with, but hey, 336 00:17:31.319 --> 00:17:34.720 it is what it is. So discussions with the White 337 00:17:34.720 --> 00:17:37.640 House are heating up concerning the possibility of President Trump 338 00:17:37.720 --> 00:17:41.440 partning Binance co founder cz In the wake of the report, 339 00:17:41.440 --> 00:17:44.839 the likelihood of it happening increased significantly on the prediction 340 00:17:44.960 --> 00:17:49.119 platform Calshi. So the prediction markets are saying it's going 341 00:17:49.200 --> 00:17:53.240 to happen. It looks like it will, but I think CZ. 342 00:17:53.960 --> 00:17:55.839 Look in the first place, I don't think CZ should 343 00:17:55.880 --> 00:17:58.519 have went to jail. Look, there was the wild wild 344 00:17:58.519 --> 00:18:00.759 West of the crypto days, and they should they have 345 00:18:00.880 --> 00:18:03.680 fined binance. Sure, and they did, right, I mean the 346 00:18:03.720 --> 00:18:06.079 CFTC find them and so forth. I don't think Caz 347 00:18:06.200 --> 00:18:07.240 had to go to jail. I think he went to 348 00:18:07.279 --> 00:18:10.440 jail for like thirty days though. And I think this 349 00:18:10.559 --> 00:18:12.559 is one of those optics things like we need to 350 00:18:12.599 --> 00:18:15.519 show these that you know, crypto must have Buie by 351 00:18:15.519 --> 00:18:18.039 the rolls go to jail for thirty days CZ and 352 00:18:18.039 --> 00:18:20.759 that type of thing. Right, But come on, right, So 353 00:18:20.839 --> 00:18:23.359 let's see, let's see what happens here. Final news item 354 00:18:23.400 --> 00:18:27.400 here Judy Shelton, who's a monetary economist, and I believe 355 00:18:27.440 --> 00:18:30.960 she worked with the first Trump administration, maybe even the 356 00:18:31.000 --> 00:18:37.240 Biden administration, but she was recently interviewed and she says 357 00:18:37.480 --> 00:18:42.319 that she envisions a gold backed stable coin called solidus. 358 00:18:42.440 --> 00:18:45.960 If I'm saying that right, a modern digital currency partially 359 00:18:46.039 --> 00:18:50.680 backed by gold convertible treasury, a nod to the ancient 360 00:18:50.759 --> 00:18:54.359 Roman coin that stood for strength and trust. This idea 361 00:18:54.400 --> 00:18:59.200 could fuse blockchain transparency with sound money integrity. Imagine a 362 00:18:59.400 --> 00:19:02.559 US issue. You digital dollar tied to gold, not by 363 00:19:02.640 --> 00:19:06.759 decree but by convertibility, restoring faith in money, red harnessing 364 00:19:06.799 --> 00:19:11.640 technology to enable faster borderalless transactions. Yesterday's podcast, I told 365 00:19:11.640 --> 00:19:14.759 you guys about massive amounts of countries, the big ones 366 00:19:14.799 --> 00:19:17.920 like US, UK and much more. We're working on a 367 00:19:17.960 --> 00:19:21.680 staple coin that is pooled together based on the G 368 00:19:21.880 --> 00:19:26.759 seven countries' currencies. So what we've seen over the past 369 00:19:27.119 --> 00:19:30.920 five years or so is central banks have been hoarding gold. 370 00:19:31.079 --> 00:19:35.480 So what Judy's highlighting here feels like the setup is there, right, 371 00:19:35.799 --> 00:19:38.599 and notice she said it will be partially backed by gold. 372 00:19:38.680 --> 00:19:42.319 So I think they will of course pool their currencies together, 373 00:19:42.720 --> 00:19:46.759 use gold, maybe crypto bitcoin, right, we'll see what they use. 374 00:19:46.880 --> 00:19:50.519 But the a seated direction things are heading in the 375 00:19:50.680 --> 00:19:54.440 use of blockchain technology. There's people who say this is 376 00:19:54.480 --> 00:19:56.920 all a scam. They don't realize what the hell is happening. 377 00:19:56.960 --> 00:20:00.599 But that's the nature of markets. They will be the laggards, 378 00:20:00.720 --> 00:20:02.480 would they would be the late comers, and they will 379 00:20:02.480 --> 00:20:04.759 miss out on the gains and the opportunity. Right, So 380 00:20:05.200 --> 00:20:07.200 this is why you want to educate yourself, stay up 381 00:20:07.240 --> 00:20:10.440 to date with what's happening because there's a huge opportunity here. 382 00:20:11.000 --> 00:20:16.039 But the government's guys, maybe this solves the fiat problem. 383 00:20:16.160 --> 00:20:18.799 I don't know, but maybe does you know where we 384 00:20:18.880 --> 00:20:22.559 go back to a hard money standard and if currencies 385 00:20:22.559 --> 00:20:26.119 are on the blockchain, you know, governments, I think they 386 00:20:26.160 --> 00:20:30.680 will have to print, so to speak, right, issue more 387 00:20:30.680 --> 00:20:34.519 of the stable coins or the digital currency, but they 388 00:20:34.519 --> 00:20:38.000 can easily burn it, and they can be very surgical 389 00:20:38.039 --> 00:20:41.640 with it. So if a certain section of the economy 390 00:20:42.079 --> 00:20:46.960 needs or has issues, they can maybe program the digital 391 00:20:47.000 --> 00:20:49.720 currency to do certain things, but they don't have to 392 00:20:49.839 --> 00:20:54.240 print as much, you know, kind of blanket spread liquidity 393 00:20:54.319 --> 00:20:57.200 all over the place, which causes inflation in the basement, right, 394 00:20:58.000 --> 00:21:00.119 But maybe they're a bit more surgical with it, and 395 00:21:00.160 --> 00:21:04.200 maybe when things are getting overheated, they can easily withdraw 396 00:21:04.279 --> 00:21:07.400 that liquidity and they don't have to do quantitative tightening 397 00:21:07.519 --> 00:21:11.359 from a macro standpoint. But once again, surgical. Okay, this 398 00:21:12.200 --> 00:21:16.160 state or this region is seeing high inflation, let's start 399 00:21:16.200 --> 00:21:20.559 sucking out liquidity there. I'm just spitballing, right. The things 400 00:21:20.559 --> 00:21:23.200 that they can do and control and see real time 401 00:21:24.319 --> 00:21:28.039