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(tense music)

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- Hello, yo.

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Am I live?

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Can people hear me?

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Yo, Andy Candy, GB, Jack, Suso, Nabs, Travis,

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the Andamat, Nico, good morning, good morning,

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good afternoon, good evening, good whatever time,

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whatever thing it is for you,

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wherever you are in the world.

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I hope you're having a good one.

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We're gonna give this another maybe what,

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four or five minutes for everybody to tune in.

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But what up, Hyper Raver, Adam, Drew,

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Livid Engineer, NR, Kepo, Cody Buffington, Jay Vitor.

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Nice to see you guys, man.

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I know it's a little bit later than when we normally stream,

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but I figured with the rate cuts and everything,

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there's no point in doing analysis

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when everything's just flying everywhere,

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'cause you never know what's sticking and what's not.

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Kilo, MC, Travis, Conundrum, let's go, baby.

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Freebies, welcome, good morning.

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DGen Rect, how's it going, my man?

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How's it going?

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We'll look at some charts and whatnot,

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but this stream will be more of a,

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I'm not a big believer in doing too much

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when markets are slow.

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Obviously, there's the argument that

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maybe the new market conditions are just always slow,

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and this is something that we have to adapt to.

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Could be, could be, I'm not gonna write that out,

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just because I think that's a very realistic scenario

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where it would kind of flip the game on its head.

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And if there's anything about trading

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and markets in general,

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it's that it loves to flip things on its head.

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So we'll see.

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My bet is still that volatility is king.

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It's why crypto is one of the best assets to trade,

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because it's so volatile, so many opportunities,

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so speculative, and in that nature,

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provides so many opportunities for the smaller players

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to become really big.

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Feteo, what's up, man?

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Yeah, it's been about two weeks.

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It's been a minute.

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Crypto King, genie Star-Lord.

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Missed you more than I missed my girl.

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I love that, I love that, bro.

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I love that.

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Make sure you let her know.

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Let her know.

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All right, two more minutes, and then we'll get started, okay?

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(soft music)

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We'll talk about a lot of different things.

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Pretty fun stream.

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I honestly feel like a high-energy stream,

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nothing too crazy, but at the same time,

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so much to talk about, right?

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Because when you have streams every other week,

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there's so many things that happen,

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especially in crypto, where a week feels like a month,

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in a month feels like a year, so.

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Bob Johns, have a good birthday dinner, brother.

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Enjoy.

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Derek Fang, what's up, man?

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I'm glad you're still around.

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Cody, have I been scalping at all lately?

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Not much, not much, and that's mainly just because

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I've been trying really hard to stick to my own rules,

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so the hardest part is to not do something

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for a prolonged period of time,

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'cause I can do nothing for five days,

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a week, two weeks, but now it's bordering

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along the lines of a month and a half.

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That's six weeks, six weeks of just doing nothing.

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I've taken maybe five trades in the last month and a half,

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or five real trades.

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I hopped in and out of positions here and there,

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but it's kinda those things that,

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not too committal, right?

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Like small size, random coins that have a random narrative

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or whatever's going on for that week.

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So nothing where I would say I've been actually trading,

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but still keeping up to date with the market,

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still participating, still trying my best

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to stay active, even though I'm not actively partaking

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in any bets.

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Okay, all right, I'm gonna lower the music a little bit

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and then we're gonna get started, okay?

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Typical housekeeping stuff before we do.

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So if this is your first time on the stream,

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questions, anything that you need me to answer,

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whether it's a chart you want me to look at,

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please give me a timeframe, yada, yada, yada.

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The more details you give me,

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the more I can appropriately answer your question,

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and if I don't know it, I'll say I don't know it.

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The stream is replayable, so if you can't watch it,

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you can't bear with me for any reason,

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you can watch it later, or there is a stream recap

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that misses a lot of the details,

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but it'll give you a high level look

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at what we talked about.

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So yeah, I'm gonna go ahead and get started.

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First question is by Cody, and he says,

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"Did you ever do any other businesses/work

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"when I began trading?"

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Right now, I have a full-time job,

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but I still have a lot of free time,

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and recently trading has been a terrible ROI.

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Stuck between wanting to make more money

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and feel like I'm wasting time,

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and not wanting to give money back to the market

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just because I'm bored.

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That's a great question, and it's something

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that all of us kind of struggle with to some degree,

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some more than others, and that goes back to one, right?

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It's weird because in trading, your inputs change, right?

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And what I mean by that is, an hour in the bull market

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is very different from an hour in the bear market,

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or an hour in a choppy market,

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or an hour in non-volatile conditions,

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even if it's trending, right?

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So when you think about it like that,

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when you say you're a trader and that's your job,

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you have to realize what business you're actually in, okay?

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So a lot of times people think, "Oh, I'm a trader.

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"My job is to trade."

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When the truth is, if you break it down by the hours

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and the time that you spend trading,

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you actually spend more time not trading.

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You actually spend more time waiting.

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You actually spend more time picking the asset,

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reading up on narratives, following along on Twitter, right?

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So if we break it down by how you allocate your time trading,

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your job as a trader is technically speaking to not trade,

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is to wait, is to be patient, is to manage your risk, right?

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Because 70, 80% of the time you're not in a trade.

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You shouldn't always be in a trade.

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How is it that everyone's always in a trade?

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There's not that many good opportunities,

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yet everyone is always in a fucking trade, right?

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So in that sense, you should feel like

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you have a lot of time,

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and that time should be allocated elsewhere.

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It should be in education.

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It should be just tracking the markets.

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It should be going to the gym to keep your energy levels high,

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your mental clarity, your health,

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taking care of stuff like just maybe your day-to-day errands,

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right, your laundry, your food, your groceries,

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picking up the kids, et cetera.

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So yeah, I do feel like if you only denominate

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your trading in how much money I can make per hour,

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it's gonna be very ugly during some periods.

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But then over the grand scheme of things,

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it should net out, right?

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Like you could have nine hours where you suck ass,

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you make $0, and on the 10th hour, you make $1,000.

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So it kinda depends on how you wanna look at it.

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Let's see.

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All right, let's start with Bitcoin.

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We'll do the analysis for the people

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who tune in for the analysis,

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and then I'll get to my rants

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and the things that we're gonna do on the side,

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like scalping, et cetera, et cetera.

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Some of the educational content that I'm consuming,

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things that I'm learning,

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and my plans for how I'm going to regurgitate

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all the things that I'm learning to you guys.

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But we'll talk about that at the end

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because I don't wanna drown you guys in silly nonsense,

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so I know you guys are here for the analysis,

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and that's what we're gonna do.

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All right.

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Let's see.

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All right, so to me, everything just looks like

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a lower high, ultimately, right?

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So for me to feel like, wow, there's a trend change,

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it's time to sit our asses down,

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really, really, really up the trading,

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I would have to see two things.

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I would have to see one, right?

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'Cause if we're gonna mark out the lows,

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I mean, sorry, the highs,

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we should mark out the lows as well.

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As above, so below, right?

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We are looking for this low to hold, right?

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So we're looking for this to hold,

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followed by a higher high.

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So I would not mind it if we pulled back,

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printed that higher low,

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and then have a actual trend change.

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So that's what I would be looking for.

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So again, this is the caveat, right?

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We have to make this higher low.

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Otherwise, we're looking at 64.6K.

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Does that make sense?

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So this is on a daily level

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because it's easier to look at trend that way.

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But for us to feel like, oh wow, the bull market is back,

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you want to see this trend change

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because if not, then we're probably

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just gonna be chopping for a while.

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The same way we've been chopping since April,

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essentially, right?

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We've been following this structure since April.

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It looks like it's starting to condense,

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so there should be some type of definitive

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trending move soon.

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So again, if we're gonna pull back,

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I wanna see, sorry, 54K, right?

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54K hold.

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So that would look something like that.

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Maybe 55K, whatever, right?

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However low it goes.

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And then from here, I would want to see us

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make this higher high, right?

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So a higher low coupled with a higher high.

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So those are our conditions, okay?

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So I'm gonna go ahead and write this here.

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Conditions to take on more risk/trade more assets,

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that's that more, hit.

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Higher low established higher high.

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Only after we get the above, okay?

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So the order matters here, right?

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The order matters here for this setup right here.

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The order actually matters.

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Now, if we were to keep going up,

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where you would want to look at is actually up here,

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which is 64, 64.3.

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So you wanna see this higher high,

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and then maybe we pull back down to the 60K, right?

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So those are our options right now.

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That's what I'm looking at as far as Bitcoin goes.

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I'm super patient with Bitcoin

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just because it's been doing this in April, right?

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I'm not in a rush.

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You shouldn't be in a rush.

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Nobody should be in a rush.

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It's proven for weeks and months

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that it will give you opportunities to get in.

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You just have to pick the best opportunities for you.

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And for me, if I'm looking at this on the daily,

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given nothing changes, if I am to go long,

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00:13:34,820 --> 00:13:36,620
I need to see this hold.

250
00:13:36,620 --> 00:13:38,420
Maybe I would take some bids here,

251
00:13:38,420 --> 00:13:42,780
and then I would add the rust up here, right?

252
00:13:42,780 --> 00:13:46,860
And vice versa, if it just doesn't go down,

253
00:13:46,860 --> 00:13:50,260
I would wait for a close above here.

254
00:13:50,260 --> 00:13:52,260
Maybe I'll buy a little bit, 40%,

255
00:13:52,260 --> 00:13:54,620
and then I'll play some bids right here, right?

256
00:13:54,620 --> 00:13:56,240
So those are the levels

257
00:13:56,240 --> 00:13:58,260
that I would be looking for on Bitcoin.

258
00:13:58,260 --> 00:14:00,500
Now, alts are a totally different story

259
00:14:00,500 --> 00:14:04,320
because alts have gotten absolutely shafted, destroyed,

260
00:14:04,320 --> 00:14:10,020
just completely, completely, completely taken out back.

261
00:14:10,020 --> 00:14:14,000
I'd even say, let's look at some stronger ones, right?

262
00:14:14,000 --> 00:14:18,420
Let's not even talk ETH, 'cause ETH looks like this, right?

263
00:14:18,420 --> 00:14:19,980
ETH looks like this.

264
00:14:19,980 --> 00:14:22,460
Here, I'm just gonna go in the weekly.

265
00:14:22,460 --> 00:14:24,260
ETH looks terrible, right?

266
00:14:24,260 --> 00:14:25,900
ETH looks terrible in a sense

267
00:14:25,900 --> 00:14:28,900
where it just hasn't performed well.

268
00:14:28,900 --> 00:14:31,580
I'm not saying it looks terrible where you wouldn't buy it,

269
00:14:31,580 --> 00:14:34,380
because technically speaking, this is a great area to buy.

270
00:14:34,380 --> 00:14:36,500
Like if we're talking about, wow,

271
00:14:36,500 --> 00:14:40,140
where could price consolidate, form a bottom,

272
00:14:40,140 --> 00:14:43,800
and present a buying opportunity that looks amazing?

273
00:14:43,800 --> 00:14:46,140
It actually is around here, right?

274
00:14:46,140 --> 00:14:47,060
It is around here.

275
00:14:47,060 --> 00:14:51,860
It is that weekly SR flip level,

276
00:14:51,860 --> 00:14:56,860
the base before we had that run up to 3900 4K, right?

277
00:14:56,860 --> 00:14:59,940
So this is the era that you would expect to bounce.

278
00:14:59,940 --> 00:15:03,100
And when I say it looks horrible,

279
00:15:03,100 --> 00:15:06,300
I just mean it's underperformed, right?

280
00:15:06,300 --> 00:15:08,300
Like you would have made more money

281
00:15:08,300 --> 00:15:09,700
longing something else,

282
00:15:09,700 --> 00:15:14,140
even if it's not as fundamentally sound as Ethereum.

283
00:15:14,140 --> 00:15:17,580
For example, that would be SUI, right?

284
00:15:17,580 --> 00:15:18,420
Let's look at SUI.

285
00:15:18,420 --> 00:15:22,540
Now, do I think this is a great place to long SUI?

286
00:15:22,540 --> 00:15:26,140
Probably not, but let's talk about

287
00:15:26,140 --> 00:15:28,100
what people are shilling, right?

288
00:15:28,100 --> 00:15:31,480
Because in a stagnant market,

289
00:15:31,480 --> 00:15:33,140
how do you divert attention?

290
00:15:33,140 --> 00:15:39,300
The top influencers, the top people in every industry,

291
00:15:39,520 --> 00:15:42,500
starts talking about it, then attention is gonna shift.

292
00:15:42,500 --> 00:15:44,660
And when things are boring,

293
00:15:44,660 --> 00:15:47,220
and that's the only thing that's being talked about,

294
00:15:47,220 --> 00:15:52,100
it's like a TV show that comes out in the spring,

295
00:15:52,100 --> 00:15:54,660
when no real good shows come out, right?

296
00:15:54,660 --> 00:15:59,320
'Cause they're all saving it for the holiday season,

297
00:15:59,320 --> 00:16:02,400
Christmas time, Halloween, Thanksgiving,

298
00:16:02,400 --> 00:16:05,460
when people are more free, right?

299
00:16:05,460 --> 00:16:07,580
So all the shows at the beginning of the year

300
00:16:07,580 --> 00:16:09,940
tend to be a little bit more dry.

301
00:16:09,940 --> 00:16:13,100
It tends to be a little bit more on the safe side, okay?

302
00:16:13,100 --> 00:16:17,700
And what I'm trying to say with that is,

303
00:16:17,700 --> 00:16:21,780
you don't need a lot to stand out in those times.

304
00:16:21,780 --> 00:16:24,240
So a little bit of shilling here and there,

305
00:16:24,240 --> 00:16:27,020
and you could have a coin that looks fucking amazing.

306
00:16:27,020 --> 00:16:28,620
Look at this monthly candle.

307
00:16:28,620 --> 00:16:30,620
This monthly candle looks fucking insane.

308
00:16:30,620 --> 00:16:34,500
And my point with all of this

309
00:16:34,500 --> 00:16:36,100
is that it looks way better than ETH,

310
00:16:36,100 --> 00:16:40,420
even though ETH is definitely more fundamentally important

311
00:16:40,420 --> 00:16:43,780
to the ecosystem than SUI, okay?

312
00:16:43,780 --> 00:16:45,960
At least for now.

313
00:16:45,960 --> 00:16:47,540
I don't know what could happen.

314
00:16:47,540 --> 00:16:49,660
But let's look at this chart.

315
00:16:49,660 --> 00:16:55,220
I'm gonna go ahead and mark out daily levels

316
00:16:55,220 --> 00:16:58,580
because I think that's the most important structure on here.

317
00:16:58,580 --> 00:17:00,980
So daily would look something like this, right?

318
00:17:00,980 --> 00:17:05,820
Okay, so if you're looking for a short on SUI

319
00:17:05,820 --> 00:17:09,180
because you think all the VCs are gonna dump this

320
00:17:09,180 --> 00:17:11,160
once it gets to a certain level,

321
00:17:11,160 --> 00:17:14,180
I would be looking at 140s, right?

322
00:17:14,180 --> 00:17:15,700
I'd be looking at 140s.

323
00:17:15,700 --> 00:17:17,740
Now the reason I wouldn't long this

324
00:17:17,740 --> 00:17:19,340
is because if you were to long it,

325
00:17:19,340 --> 00:17:21,780
let's just long it right now, where's your stop loss?

326
00:17:21,780 --> 00:17:24,980
Let's say you, I don't know,

327
00:17:24,980 --> 00:17:28,180
maybe everywhere is kind of support, right?

328
00:17:28,180 --> 00:17:30,300
Let's say you don't even care about support,

329
00:17:30,300 --> 00:17:33,220
you just say, well, I don't want the lows of this

330
00:17:33,220 --> 00:17:34,560
to be taken out again.

331
00:17:35,620 --> 00:17:38,320
Like the low is in and we're gonna go higher.

332
00:17:38,320 --> 00:17:40,060
This is your daily resistance.

333
00:17:40,060 --> 00:17:42,940
Let's go all the way to the top, right?

334
00:17:42,940 --> 00:17:44,780
That's still a one R.

335
00:17:44,780 --> 00:17:47,500
And I'm not sure if that's a great trade that you can take.

336
00:17:47,500 --> 00:17:51,220
If you are taking it, maybe cut down on size,

337
00:17:51,220 --> 00:17:55,500
don't enter with so much size that should it pull back,

338
00:17:55,500 --> 00:17:57,300
you're gonna be devastated, right?

339
00:17:57,300 --> 00:17:59,680
Especially in these market conditions.

340
00:17:59,680 --> 00:18:00,980
Because I tell people all the time,

341
00:18:00,980 --> 00:18:03,920
if you can't size appropriately,

342
00:18:05,580 --> 00:18:08,220
no matter what market conditions it is,

343
00:18:08,220 --> 00:18:09,720
you're gonna miss a trade.

344
00:18:09,720 --> 00:18:10,820
And when you miss a trade,

345
00:18:10,820 --> 00:18:14,140
you don't wanna give back 50% of your account,

346
00:18:14,140 --> 00:18:15,740
30% of your account, right?

347
00:18:15,740 --> 00:18:19,600
Like that's how you lose, because your losses are too big.

348
00:18:19,600 --> 00:18:21,780
You want your wins to be big,

349
00:18:21,780 --> 00:18:26,620
because you're letting things run relative to your losses.

350
00:18:26,620 --> 00:18:31,620
Remember, a big win is only big relative to your losses.

351
00:18:31,620 --> 00:18:33,200
People don't get that.

352
00:18:33,200 --> 00:18:37,100
They quantify big as like this fixed number.

353
00:18:37,100 --> 00:18:40,900
Like, oh, if I make 10%, that's a big gain.

354
00:18:40,900 --> 00:18:45,900
No, big gains are relative to your losses, right?

355
00:18:45,900 --> 00:18:48,460
Your losses denominate everything.

356
00:18:48,460 --> 00:18:53,460
If you lose 4% and your wins are 6%,

357
00:18:53,460 --> 00:18:57,220
that's a big win,

358
00:18:57,220 --> 00:18:59,220
because you're winning more than your losses.

359
00:18:59,220 --> 00:19:02,700
It is bigger than your losses, right?

360
00:19:02,700 --> 00:19:07,700
If you lose 20% and you win 15%, that's a small win,

361
00:19:07,700 --> 00:19:13,860
because you're still winning less than you lose, right?

362
00:19:13,860 --> 00:19:15,540
People just don't understand,

363
00:19:15,540 --> 00:19:20,100
so they just think this fucking imaginary arbitrary number

364
00:19:20,100 --> 00:19:23,540
that's calculated off leverage is what's big.

365
00:19:23,540 --> 00:19:24,820
It's like the exchanges are like,

366
00:19:24,820 --> 00:19:26,900
"Oh, you made a 300% gain."

367
00:19:26,900 --> 00:19:28,460
No, you didn't.

368
00:19:28,460 --> 00:19:29,220
No, you didn't.

369
00:19:30,120 --> 00:19:34,100
Trust me, it's all Fugazi.

370
00:19:34,100 --> 00:19:34,940
It's not even real.

371
00:19:34,940 --> 00:19:37,540
Don't even pay attention to that, right?

372
00:19:37,540 --> 00:19:40,540
Your wins are all relative to your losses,

373
00:19:40,540 --> 00:19:42,540
and if you cannot control your losses,

374
00:19:42,540 --> 00:19:47,540
you better fucking pray that you hit a jackpot winner, right?

375
00:19:47,540 --> 00:19:51,180
All right, anyway, sorry, I'm ranting,

376
00:19:51,180 --> 00:19:53,460
but let's go into the hourly.

377
00:19:53,460 --> 00:19:57,600
Let's see, if you guys want to bid this, Jesus,

378
00:19:57,600 --> 00:19:58,940
how much is it up today?

379
00:19:58,940 --> 00:19:59,780
Let me see.

380
00:20:00,720 --> 00:20:05,720
So from the lows, okay, so it's up about 25%, 30% roughly.

381
00:20:05,720 --> 00:20:15,280
Jeez.

382
00:20:15,280 --> 00:20:24,960
Man, I think this is actually gonna pull back.

383
00:20:24,960 --> 00:20:27,000
The reason I say I think this is gonna pull back

384
00:20:27,000 --> 00:20:32,000
is usually when you see this type of PA right here,

385
00:20:32,000 --> 00:20:40,880
where you can very clearly see, here's a base, right?

386
00:20:40,880 --> 00:20:44,040
You know that little chart that everyone shares

387
00:20:44,040 --> 00:20:47,840
where it goes like, "Here, let me draw it,"

388
00:20:47,840 --> 00:20:50,800
you know, where it goes like, "Oh, yeah, this is,

389
00:20:50,800 --> 00:20:54,720
this is like the Wicoff re-accumulation pattern, right?

390
00:20:54,720 --> 00:20:57,200
And then this is where you wanna buy,

391
00:20:57,200 --> 00:21:00,480
because this is the retest," whatever,

392
00:21:00,480 --> 00:21:03,600
and then it flies up, and then it makes like

393
00:21:03,600 --> 00:21:07,660
three fucking legs, and then each leg gets more explosive,

394
00:21:07,660 --> 00:21:10,420
and then the last leg is kind of like this,

395
00:21:10,420 --> 00:21:13,360
and then it comes back down like that,

396
00:21:13,360 --> 00:21:16,800
where it gets retraced, and then it starts to slow down,

397
00:21:16,800 --> 00:21:18,200
momentum starts to slow down.

398
00:21:18,200 --> 00:21:21,840
That's what you wanna look for if you're gonna short, right?

399
00:21:21,840 --> 00:21:24,420
Like, if you're gonna short, wait for that.

400
00:21:25,420 --> 00:21:30,420
And my thing is, I think it's starting to look like that,

401
00:21:30,420 --> 00:21:36,000
where your base is just going vertical.

402
00:21:36,000 --> 00:21:40,300
You have your base, you have your retest, right?

403
00:21:40,300 --> 00:21:45,300
Right there, goes up, second leg, third leg,

404
00:21:45,300 --> 00:21:48,800
and then now you're probably gonna see

405
00:21:48,800 --> 00:21:52,760
some type of choppiness, maybe a push up to like 140.

406
00:21:52,760 --> 00:21:54,180
That's where I would short.

407
00:21:54,180 --> 00:21:55,420
That would be the golden short.

408
00:21:55,420 --> 00:21:58,780
If I could get 140 to 150,

409
00:21:58,780 --> 00:22:01,900
I would gladly short this, somewhere up here.

410
00:22:01,900 --> 00:22:03,580
I wouldn't prematurely short it,

411
00:22:03,580 --> 00:22:05,660
but it is starting to look like...

412
00:22:05,660 --> 00:22:12,260
There's a good rule, where when people start to talk

413
00:22:12,260 --> 00:22:15,740
about things, and when things start making like 15,

414
00:22:15,740 --> 00:22:19,140
20% gains in a day, and it's a large cap,

415
00:22:19,140 --> 00:22:22,940
in an otherwise boring market, where capital must rotate,

416
00:22:23,940 --> 00:22:25,820
you want to get out.

417
00:22:25,820 --> 00:22:28,540
Like, you want to pass that hot potato,

418
00:22:28,540 --> 00:22:31,100
that hot ball of money elsewhere, right?

419
00:22:31,100 --> 00:22:32,580
You wanna get out.

420
00:22:32,580 --> 00:22:35,580
Like, this is where smart people

421
00:22:35,580 --> 00:22:36,820
start thinking about getting out.

422
00:22:36,820 --> 00:22:39,940
Sorry, I realized I just fucking circled the entire chart

423
00:22:39,940 --> 00:22:41,540
and told you to get out,

424
00:22:41,540 --> 00:22:43,900
but I hope you understand what I'm saying,

425
00:22:43,900 --> 00:22:46,820
where the best traders I know,

426
00:22:46,820 --> 00:22:50,240
as prices start to go up, they start to think,

427
00:22:50,240 --> 00:22:52,780
all right, where should I exit?

428
00:22:52,780 --> 00:22:54,340
How should I exit?

429
00:22:54,340 --> 00:22:55,740
How much should I exit?

430
00:22:55,740 --> 00:22:59,500
And then all the worst traders I fucking know,

431
00:22:59,500 --> 00:23:02,140
keep thinking, how can I buy more?

432
00:23:02,140 --> 00:23:03,460
Let me buy more.

433
00:23:03,460 --> 00:23:06,140
Oh my God, maybe I'll never sell.

434
00:23:06,140 --> 00:23:08,780
Like, a huddle, huddle, huddle.

435
00:23:08,780 --> 00:23:11,440
Oh yeah, the fundamentals are fucking amazing.

436
00:23:11,440 --> 00:23:13,020
They buy more.

437
00:23:13,020 --> 00:23:15,580
They buy into the narrative more.

438
00:23:15,580 --> 00:23:18,980
They let the fundamentals just suck them up,

439
00:23:18,980 --> 00:23:20,660
and then they lose.

440
00:23:20,660 --> 00:23:22,500
And it happens to the majority of people,

441
00:23:22,500 --> 00:23:24,340
obviously some people get away.

442
00:23:24,340 --> 00:23:25,540
There are some exceptions,

443
00:23:25,540 --> 00:23:28,260
but that's the difference in mindset.

444
00:23:28,260 --> 00:23:31,080
It's so crazy to watch.

445
00:23:31,080 --> 00:23:34,260
It's so crazy to watch, but it happens all the time.

446
00:23:34,260 --> 00:23:38,320
So when I see stuff like this,

447
00:23:38,320 --> 00:23:43,220
I start thinking, okay, if I was a VC, right?

448
00:23:43,220 --> 00:23:47,380
If I was a VC, which they own a large chunk of this,

449
00:23:47,380 --> 00:23:50,740
I see that, look, in a very shitty market,

450
00:23:50,740 --> 00:23:53,340
a very shitty market, we are up

451
00:23:53,340 --> 00:24:02,060
125% in the last two months, right?

452
00:24:02,060 --> 00:24:05,620
And that's not, they're up way more than that, by the way,

453
00:24:05,620 --> 00:24:09,940
because they probably got in at like 10 cents, five cents,

454
00:24:09,940 --> 00:24:12,740
right, like a one cent evaluation.

455
00:24:12,740 --> 00:24:17,740
So, you know, they made a lot more than 125%,

456
00:24:17,740 --> 00:24:19,900
but let's just pretend, let's just pretend.

457
00:24:19,900 --> 00:24:23,260
They're looking to get out.

458
00:24:23,260 --> 00:24:26,620
Like, I promise you, I promise you,

459
00:24:26,620 --> 00:24:29,820
people are thinking about selling, okay?

460
00:24:29,820 --> 00:24:33,700
And that's just the way it goes,

461
00:24:33,700 --> 00:24:35,260
because people inherently understand

462
00:24:35,260 --> 00:24:36,820
that there's so many opportunities, right?

463
00:24:36,820 --> 00:24:39,300
There's so many different coins that people can get in.

464
00:24:39,300 --> 00:24:43,420
There's so many things that you can do if you have capital.

465
00:24:43,420 --> 00:24:45,800
And if you have capital, free capital,

466
00:24:45,800 --> 00:24:48,300
you can compound this.

467
00:24:48,300 --> 00:24:52,340
So this 125%, this 10 million that they make off Sui,

468
00:24:52,340 --> 00:24:53,220
guess what?

469
00:24:53,220 --> 00:24:55,940
They can flip it into the next big thing, right?

470
00:24:55,940 --> 00:24:57,220
Which might be Solana,

471
00:24:57,220 --> 00:24:58,920
and they'll flip it to the next big thing,

472
00:24:58,920 --> 00:25:02,420
which might be Nero, which might be Baby Doge,

473
00:25:02,420 --> 00:25:05,260
which might be ENA,

474
00:25:05,260 --> 00:25:08,380
or whatever crazy narrative comes up next, right?

475
00:25:08,380 --> 00:25:10,300
A new coin that we haven't even heard of.

476
00:25:10,300 --> 00:25:12,820
Amazon crypto or some shit, right?

477
00:25:12,820 --> 00:25:13,740
You never know.

478
00:25:13,740 --> 00:25:16,420
That's how big players think.

479
00:25:16,420 --> 00:25:19,660
They don't care about the home run shot.

480
00:25:19,660 --> 00:25:24,660
They care about how can we stay in this market

481
00:25:24,660 --> 00:25:28,220
that is for sure going up in the long term

482
00:25:28,220 --> 00:25:31,180
and keep compounding what we already have

483
00:25:31,180 --> 00:25:33,380
so that we don't just make 15 million.

484
00:25:33,380 --> 00:25:35,020
No, we make 100 million.

485
00:25:35,020 --> 00:25:35,860
Fuck that.

486
00:25:35,860 --> 00:25:39,260
We make 500 million, a billion dollars, right?

487
00:25:39,260 --> 00:25:40,740
All the investors are happy.

488
00:25:40,740 --> 00:25:43,620
That's what they think.

489
00:25:43,620 --> 00:25:47,780
So, you know, it's only the uneducated,

490
00:25:47,780 --> 00:25:49,300
the hopeless that feel like,

491
00:25:49,300 --> 00:25:51,100
okay, well, this is my Hail Mary.

492
00:25:51,100 --> 00:25:53,020
I hope this goes up to a million dollars,

493
00:25:53,020 --> 00:25:56,420
and then I ride off into the sunset.

494
00:25:56,420 --> 00:25:58,620
And that rarely ever happens.

495
00:25:58,620 --> 00:25:59,900
Sorry, I'm ranting,

496
00:25:59,900 --> 00:26:03,620
but I have random stuff to say about a lot of these things

497
00:26:03,620 --> 00:26:05,940
because I think I feel like it's important,

498
00:26:05,940 --> 00:26:08,680
but feel free to tell me to shut the fuck up, okay?

499
00:26:11,140 --> 00:26:14,220
The, oh, Libit engineer says,

500
00:26:14,220 --> 00:26:17,100
want to hear the macro economist Loma

501
00:26:17,100 --> 00:26:19,100
talk about his thoughts on the rate cut.

502
00:26:19,100 --> 00:26:25,260
I mean, rate cut's good, you know,

503
00:26:25,260 --> 00:26:26,740
but at the same time,

504
00:26:26,740 --> 00:26:30,500
I will tell you that anyone who pretends

505
00:26:30,500 --> 00:26:33,860
like they know exactly what the rate cuts

506
00:26:33,860 --> 00:26:38,860
are going to do to crypto has no fucking idea.

507
00:26:38,980 --> 00:26:43,980
I will say that with a 99.999% certainty

508
00:26:43,980 --> 00:26:48,260
that you might have a hypothesis,

509
00:26:48,260 --> 00:26:50,900
like, oh, it's bullish because, you know,

510
00:26:50,900 --> 00:26:52,220
interest rates are bad,

511
00:26:52,220 --> 00:26:54,860
and when they go down, people have more money,

512
00:26:54,860 --> 00:26:56,620
and they do this and that,

513
00:26:56,620 --> 00:27:00,040
and that's gonna cause more people to enter crypto, whatever.

514
00:27:00,040 --> 00:27:06,180
Nobody really knows, like nobody really knows.

515
00:27:06,180 --> 00:27:09,020
And in that sense, I don't like to use information

516
00:27:09,020 --> 00:27:10,520
like that into my trading.

517
00:27:10,520 --> 00:27:12,100
I'd rather just wait it out

518
00:27:12,100 --> 00:27:14,620
because I feel like I'm just flipping a coin, right?

519
00:27:14,620 --> 00:27:16,740
Like I feel like I'm just literally flipping a coin

520
00:27:16,740 --> 00:27:21,740
up or down, but at the same time,

521
00:27:21,740 --> 00:27:27,740
if you put a gun in my head and you say,

522
00:27:27,740 --> 00:27:30,420
hey, 50 bips down, is that good or bad?

523
00:27:30,420 --> 00:27:31,500
I'm gonna say it's good.

524
00:27:31,500 --> 00:27:33,100
I'm gonna say it's good every time.

525
00:27:33,100 --> 00:27:35,020
How will it affect the end of the year?

526
00:27:35,020 --> 00:27:36,620
I have no fucking idea.

527
00:27:36,620 --> 00:27:38,400
Zero, zero clue.

528
00:27:38,400 --> 00:27:43,400
But I would say it's definitely more bullish than bearish.

529
00:27:43,400 --> 00:27:44,540
Right?

530
00:27:44,540 --> 00:27:48,580
Okay, let's see.

531
00:27:48,580 --> 00:27:51,540
RBS Shield, can you go through your TRX and Seoul trade

532
00:27:51,540 --> 00:27:53,100
from a few weeks ago?

533
00:27:53,100 --> 00:27:54,620
Yeah.

534
00:27:54,620 --> 00:27:56,020
So actually that's perfect

535
00:27:56,020 --> 00:27:58,560
because I do wanna go through Seoul.

536
00:27:58,560 --> 00:28:00,980
So we had this level marked out on Seoul.

537
00:28:00,980 --> 00:28:02,940
I think Seoul is one of the top alts

538
00:28:02,940 --> 00:28:07,940
in terms of community, fundamentals, and liquidity.

539
00:28:07,940 --> 00:28:11,860
And liquidity is very important for you as a trader

540
00:28:11,860 --> 00:28:13,520
because it allows you to scale.

541
00:28:13,520 --> 00:28:17,380
A lot of you guys don't realize the power

542
00:28:17,380 --> 00:28:19,380
that you guys have in the markets.

543
00:28:19,380 --> 00:28:25,220
And part of that is that being a smaller trader,

544
00:28:25,220 --> 00:28:29,260
you get away with things that larger players don't.

545
00:28:29,260 --> 00:28:30,100
Right?

546
00:28:30,100 --> 00:28:32,380
Like you can market buy stuff, zero slippage.

547
00:28:32,380 --> 00:28:35,860
You can get fully filled on coins

548
00:28:35,860 --> 00:28:39,140
that other people won't even bother touching

549
00:28:39,140 --> 00:28:42,020
because they can't get a sizable amount

550
00:28:42,020 --> 00:28:43,620
to scale their capital.

551
00:28:43,620 --> 00:28:44,460
Right?

552
00:28:44,460 --> 00:28:48,660
So for you, you have access to another world of assets

553
00:28:48,660 --> 00:28:53,660
that people like me or Donald or high stakes capital,

554
00:28:53,660 --> 00:28:58,580
whatever, will never get that opportunity to touch.

555
00:28:59,460 --> 00:29:03,940
And in that sense, I think liquidity

556
00:29:03,940 --> 00:29:06,380
isn't as important for you,

557
00:29:06,380 --> 00:29:08,740
but generally speaking,

558
00:29:08,740 --> 00:29:13,620
liquidity is a very, very, very big and important factor

559
00:29:13,620 --> 00:29:16,100
when it comes to selecting an asset for me.

560
00:29:16,100 --> 00:29:17,860
So that's why I like Solana.

561
00:29:17,860 --> 00:29:22,140
I think it moves well for something of that size

562
00:29:22,140 --> 00:29:24,260
with that much liquidity.

563
00:29:24,260 --> 00:29:28,180
Now, that being said, it hasn't moved very well recently.

564
00:29:29,020 --> 00:29:33,300
I'm thinking that we actually form another lower high.

565
00:29:33,300 --> 00:29:35,860
So this is the actual high over here.

566
00:29:35,860 --> 00:29:38,500
This isn't an actual move

567
00:29:38,500 --> 00:29:42,220
because I think this is just more of like part

568
00:29:42,220 --> 00:29:45,940
of a consolidation more than it is an actual test

569
00:29:45,940 --> 00:29:46,940
up to the highs.

570
00:29:46,940 --> 00:29:47,780
Okay?

571
00:29:47,780 --> 00:29:51,500
So if you are looking to short,

572
00:29:51,500 --> 00:29:56,500
you should short anywhere from maybe 147 to about 155.

573
00:29:56,500 --> 00:29:57,500
Right?

574
00:29:57,500 --> 00:29:59,260
So if you don't know where the rest of the market is,

575
00:29:59,260 --> 00:30:01,820
what it's doing when it gets there,

576
00:30:01,820 --> 00:30:03,380
that allows you to decide.

577
00:30:03,380 --> 00:30:06,140
As far as positioning goes,

578
00:30:06,140 --> 00:30:08,580
I would take the lower timeframes.

579
00:30:08,580 --> 00:30:16,900
I like longs from 130 down to 125.

580
00:30:16,900 --> 00:30:21,500
So I don't really like to put out this wick because why?

581
00:30:21,500 --> 00:30:23,540
We've tested this area multiple times.

582
00:30:23,540 --> 00:30:28,140
So it's right, so this once, twice,

583
00:30:28,140 --> 00:30:30,500
you really don't wanna see this third one, right?

584
00:30:30,500 --> 00:30:33,020
So it doesn't make sense to throw in

585
00:30:33,020 --> 00:30:34,580
a bunch of bids right here.

586
00:30:34,580 --> 00:30:37,820
Even though in theory, in theory,

587
00:30:37,820 --> 00:30:42,820
it would be amazing to get a bid filled at 113, 115.

588
00:30:42,820 --> 00:30:45,300
You just wouldn't want prices to go there

589
00:30:45,300 --> 00:30:46,500
because if it did,

590
00:30:46,500 --> 00:30:49,580
I think that it would cascade significantly lower.

591
00:30:49,580 --> 00:30:52,620
So in that sense, if you are bullish,

592
00:30:52,620 --> 00:30:55,040
(soft music)

593
00:30:55,040 --> 00:30:58,500
if you are bullish,

594
00:30:58,500 --> 00:31:03,460
you actually just want maybe like a 125 into 130.

595
00:31:03,460 --> 00:31:08,460
So that's like a 3% range for you to kind of put your bids.

596
00:31:08,460 --> 00:31:10,740
And then where would I take profit?

597
00:31:10,740 --> 00:31:16,060
I think right around here, right around here.

598
00:31:16,060 --> 00:31:19,780
Right, so around 140.

599
00:31:19,780 --> 00:31:22,820
So there's again, not much movement.

600
00:31:22,820 --> 00:31:24,020
I'm not expecting too much.

601
00:31:24,020 --> 00:31:26,680
Even though I said 145, 150 is a short,

602
00:31:26,680 --> 00:31:31,020
I'm not shorting all the way up to that point.

603
00:31:31,020 --> 00:31:31,860
You know what I'm saying?

604
00:31:31,860 --> 00:31:35,520
Like you're giving yourself room to get out

605
00:31:35,520 --> 00:31:38,180
because again, you're just going for the meat of the move.

606
00:31:38,180 --> 00:31:42,420
You're not trying to get every single crumb of the move.

607
00:31:42,420 --> 00:31:48,460
You're not in the business of taking every little drop

608
00:31:48,460 --> 00:31:51,940
of liquid out of that cup.

609
00:31:51,940 --> 00:31:54,020
You just want 80% of it.

610
00:31:54,020 --> 00:31:54,900
You leave the ice,

611
00:31:54,900 --> 00:31:56,900
you leave a little bit of the backwash,

612
00:31:56,900 --> 00:31:57,740
you get the fuck out.

613
00:31:57,740 --> 00:32:00,420
You leave that for the desperate people, right?

614
00:32:00,420 --> 00:32:02,180
There are so many people who want to just long

615
00:32:02,180 --> 00:32:04,540
the last 15% of a move

616
00:32:04,540 --> 00:32:07,140
and then eat like a 30% drawdown, right?

617
00:32:07,140 --> 00:32:08,540
Like it happens all the time.

618
00:32:08,540 --> 00:32:15,220
So yeah, around 140 would be a good take profit.

619
00:32:15,220 --> 00:32:16,220
This is a four hour.

620
00:32:16,220 --> 00:32:19,620
So your trade would look something like this, right?

621
00:32:19,620 --> 00:32:24,620
Let's say you get in like 126, okay?

622
00:32:24,620 --> 00:32:27,420
Your stop loss should be underneath that wick.

623
00:32:27,420 --> 00:32:28,900
Boom.

624
00:32:28,900 --> 00:32:30,420
Something like that, right?

625
00:32:30,420 --> 00:32:32,820
Something like that is fair.

626
00:32:32,820 --> 00:32:36,460
All right, let's see.

627
00:32:36,460 --> 00:32:39,460
Oh, sorry, I was supposed to answer the question.

628
00:32:39,460 --> 00:32:43,220
So there was a period where,

629
00:32:43,220 --> 00:32:44,740
and it actually worked out,

630
00:32:44,740 --> 00:32:46,100
but I actually got invalidated

631
00:32:46,100 --> 00:32:49,620
because I believe it was.

632
00:32:49,620 --> 00:32:50,980
It's over here, right?

633
00:32:50,980 --> 00:32:52,900
It was somewhere over here.

634
00:32:52,900 --> 00:32:57,900
So basically, I forgot what the exact prices were,

635
00:32:57,900 --> 00:33:03,980
but basically we were long sold,

636
00:33:03,980 --> 00:33:06,100
or I was long sold,

637
00:33:06,100 --> 00:33:08,580
or sorry, I was long Tron and I was short sold

638
00:33:08,580 --> 00:33:11,260
because Tron had picked up a narrative

639
00:33:11,260 --> 00:33:15,340
where they were launching shit coins

640
00:33:15,340 --> 00:33:17,540
and Justin Sun was doing everything in his power

641
00:33:17,540 --> 00:33:20,020
to make it about himself, right?

642
00:33:20,020 --> 00:33:21,340
Which is great, don't get me wrong.

643
00:33:21,340 --> 00:33:25,780
I love when my CEO does everything in his power illegally

644
00:33:25,780 --> 00:33:26,660
to pump a coin.

645
00:33:26,660 --> 00:33:27,600
I love that shit.

646
00:33:27,600 --> 00:33:33,740
So we long Tron and I think it did well,

647
00:33:33,740 --> 00:33:35,340
and then it didn't, right?

648
00:33:35,340 --> 00:33:37,140
And then it pulled back right here.

649
00:33:37,140 --> 00:33:40,460
But even when you think about it,

650
00:33:41,460 --> 00:33:44,220
it's a 9% drop.

651
00:33:44,220 --> 00:33:49,740
And then I think Soul dropped like a fucking bajillion percent.

652
00:33:49,740 --> 00:33:52,420
It was like 20% down or something like that.

653
00:33:52,420 --> 00:33:56,260
So theoretically, this trade would have worked.

654
00:33:56,260 --> 00:33:57,740
I just closed early.

655
00:33:57,740 --> 00:34:00,980
I closed early because Soul wasn't giving me

656
00:34:00,980 --> 00:34:02,500
the reaction that I wanted.

657
00:34:02,500 --> 00:34:04,660
It wasn't necessarily a level

658
00:34:04,660 --> 00:34:07,060
because it was based off a narrative, right?

659
00:34:07,060 --> 00:34:08,900
There wasn't like a magical level

660
00:34:08,900 --> 00:34:11,540
where Justin Sun was wrong

661
00:34:11,540 --> 00:34:14,340
or the Solana ecosystem was right.

662
00:34:14,340 --> 00:34:15,340
It was just more like,

663
00:34:15,340 --> 00:34:17,020
oh, well, I think my narrative is wrong

664
00:34:17,020 --> 00:34:19,160
because Solana kept going up

665
00:34:19,160 --> 00:34:23,660
and it was actually outperforming TRX at some point.

666
00:34:23,660 --> 00:34:28,660
Like it was up 17% and I believe Tron only went up like,

667
00:34:28,660 --> 00:34:33,300
like 8, 9% or something like that.

668
00:34:33,300 --> 00:34:36,020
It wasn't enough, right?

669
00:34:36,020 --> 00:34:38,480
So I took the L because I thought,

670
00:34:38,480 --> 00:34:40,340
well, I'm wrong, right?

671
00:34:40,340 --> 00:34:42,660
Like your narrative's wrong, you get out.

672
00:34:42,660 --> 00:34:47,140
Apparently to the downside, that was very correct.

673
00:34:47,140 --> 00:34:50,180
So hindsight being 20/20, it would have worked,

674
00:34:50,180 --> 00:34:51,780
but I still lost money.

675
00:34:51,780 --> 00:34:54,540
And that's just the nature of trading.

676
00:34:54,540 --> 00:34:58,500
I try not to get too upset about that

677
00:34:58,500 --> 00:35:00,860
because it's always like a what if,

678
00:35:00,860 --> 00:35:03,820
because what if it actually didn't play out

679
00:35:03,820 --> 00:35:07,700
and I closed early and I saved myself a lot of headaches,

680
00:35:07,700 --> 00:35:08,540
right?

681
00:35:08,540 --> 00:35:10,300
There's always the positive and there's always a negative.

682
00:35:10,300 --> 00:35:12,980
I try not to dwell too much on the past.

683
00:35:12,980 --> 00:35:16,920
I like to just break things and learn as I do it.

684
00:35:16,920 --> 00:35:18,340
I think that's the best way to do it

685
00:35:18,340 --> 00:35:19,980
when it comes to trading as well.

686
00:35:19,980 --> 00:35:23,020
Let's see.

687
00:35:23,020 --> 00:35:27,740
Can you look at Sey and Tia?

688
00:35:27,740 --> 00:35:28,800
Yeah, I got you.

689
00:35:28,800 --> 00:35:30,860
I got you Jason C.

690
00:35:30,860 --> 00:35:31,700
All right.

691
00:35:31,700 --> 00:35:36,620
Yes, so this is, dude, this is a great chart.

692
00:35:36,620 --> 00:35:38,100
This is a great chart in a sense

693
00:35:38,100 --> 00:35:42,740
where it's not doing anything.

694
00:35:42,740 --> 00:35:47,740
It's not really appetizing, but this is what,

695
00:35:47,740 --> 00:35:52,380
remember what we just talked about where we said,

696
00:35:52,380 --> 00:35:55,580
oh dude, when coins look like this,

697
00:35:55,580 --> 00:36:00,580
the best traders I know think about how should I get out?

698
00:36:00,580 --> 00:36:02,020
How much should I get out?

699
00:36:02,020 --> 00:36:03,140
Where should I get out?

700
00:36:03,140 --> 00:36:04,620
How should I execute that?

701
00:36:04,620 --> 00:36:06,860
What areas do I need to be out completely?

702
00:36:06,860 --> 00:36:07,700
What am I looking for?

703
00:36:07,700 --> 00:36:10,060
What kind of reaction am I looking for?

704
00:36:10,060 --> 00:36:12,180
Who do I need to see shill it?

705
00:36:12,180 --> 00:36:15,780
And trust me, those are actual things that are considered.

706
00:36:15,780 --> 00:36:20,780
Being on telegrams where people do talk about their trading,

707
00:36:20,780 --> 00:36:25,860
where I've literally seen people just blatantly,

708
00:36:25,860 --> 00:36:28,100
oh dude, this dude started to talk about it.

709
00:36:28,100 --> 00:36:29,500
All right, I need to get out.

710
00:36:32,220 --> 00:36:36,060
It sounds really dumb, but it works.

711
00:36:36,060 --> 00:36:40,060
So when I see that, and then this is the opposite.

712
00:36:40,060 --> 00:36:42,220
This is actually when most people

713
00:36:42,220 --> 00:36:44,620
would be better off thinking, okay, all right,

714
00:36:44,620 --> 00:36:47,660
how can I possibly profit from this?

715
00:36:47,660 --> 00:36:51,820
Something that is a hyped alt that has gone down

716
00:36:51,820 --> 00:36:56,580
75% from the top, maybe more, maybe a little less,

717
00:36:56,580 --> 00:37:01,460
whatever, my math isn't that great, but around 75%,

718
00:37:01,460 --> 00:37:05,020
it's starting to, oops, it's starting to,

719
00:37:05,020 --> 00:37:07,420
what?

720
00:37:07,420 --> 00:37:12,360
Decline in downside momentum, right?

721
00:37:12,360 --> 00:37:15,660
Where you're starting to see that the selling visually

722
00:37:15,660 --> 00:37:20,260
just at a rate of price per time, right,

723
00:37:20,260 --> 00:37:22,380
is starting to slow down, right?

724
00:37:22,380 --> 00:37:24,860
The selling is starting to chill out.

725
00:37:24,860 --> 00:37:26,540
It looks like it's forming a base.

726
00:37:26,540 --> 00:37:29,700
Where do we buy this?

727
00:37:29,700 --> 00:37:32,060
How do we make money from this?

728
00:37:32,060 --> 00:37:37,060
What is the optimal way of doing it?

729
00:37:37,060 --> 00:37:39,260
And the first thing that you should always ask yourself

730
00:37:39,260 --> 00:37:42,260
is timeframe, right?

731
00:37:42,260 --> 00:37:50,040
Market doing, three.

732
00:37:50,040 --> 00:37:53,040
(keyboard clicking)

733
00:37:53,040 --> 00:38:09,560
So these are the three things that you should be looking at

734
00:38:09,560 --> 00:38:11,540
that is irrelevant to price.

735
00:38:11,540 --> 00:38:15,440
And I'm sure there's more, but these are the three

736
00:38:15,440 --> 00:38:17,040
off the top of my head.

737
00:38:17,040 --> 00:38:20,240
So I'm thinking, all right, how long would I want to wait

738
00:38:20,240 --> 00:38:21,560
in this trade, right?

739
00:38:21,560 --> 00:38:25,320
'Cause that's gonna dictate where I enter

740
00:38:25,320 --> 00:38:28,480
and I'll get to that in a second.

741
00:38:28,480 --> 00:38:30,560
Two is, what is the rest of the market doing?

742
00:38:30,560 --> 00:38:33,280
Because if this is down 75%, but Bitcoin looks like

743
00:38:33,280 --> 00:38:36,040
it's gonna drop 40%, guess what?

744
00:38:36,040 --> 00:38:38,800
This is not the bottom, brother, right?

745
00:38:38,800 --> 00:38:43,000
Three, what catalysts and fundamentals are there

746
00:38:43,000 --> 00:38:45,280
involving this coin?

747
00:38:45,280 --> 00:38:47,400
Is there something similar that's moving up

748
00:38:47,400 --> 00:38:49,960
so you anticipate this to break out soon?

749
00:38:49,960 --> 00:38:54,080
Is it that they're launching a new project?

750
00:38:54,080 --> 00:38:56,040
Is there hype going on?

751
00:38:56,040 --> 00:38:58,360
Are tokens being unlocked?

752
00:38:58,360 --> 00:38:59,960
Et cetera, et cetera, et cetera.

753
00:38:59,960 --> 00:39:02,480
Those are things that you should know if you're gonna be

754
00:39:02,480 --> 00:39:06,200
trying to take advantage of stuff like this, right?

755
00:39:06,200 --> 00:39:09,920
So, ah fuck, I shouldn't do that.

756
00:39:09,920 --> 00:39:11,760
Okay, so keep these three there.

757
00:39:11,760 --> 00:39:13,880
Now, timeframe of this trade.

758
00:39:13,880 --> 00:39:14,860
Why is that important?

759
00:39:14,860 --> 00:39:17,800
Because if, say, you don't like waiting,

760
00:39:17,800 --> 00:39:19,440
guess where you should be buying it?

761
00:39:19,440 --> 00:39:23,480
Not fucking here, not fucking here, right?

762
00:39:23,480 --> 00:39:24,880
Not fucking here.

763
00:39:24,880 --> 00:39:27,340
Where should you be buying it if you're

764
00:39:27,340 --> 00:39:28,960
on a shorter timeframe?

765
00:39:28,960 --> 00:39:33,960
You should be waiting for the trend to change, right?

766
00:39:33,960 --> 00:39:36,200
And we talked about this at the beginning of the stream.

767
00:39:36,200 --> 00:39:38,180
What is a trend change?

768
00:39:38,180 --> 00:39:41,580
It's a higher low with a higher high, right?

769
00:39:41,580 --> 00:39:44,160
So you are waiting for not only,

770
00:39:44,160 --> 00:39:45,680
and obviously pick a timeframe,

771
00:39:45,680 --> 00:39:47,400
it could be a daily, it could be three days.

772
00:39:47,400 --> 00:39:50,880
I prefer if you're gonna look on something of this macro,

773
00:39:50,880 --> 00:39:52,400
right, where you're literally seeing

774
00:39:52,400 --> 00:39:54,680
the inception of a coin.

775
00:39:54,680 --> 00:39:58,060
I would say that you should take it to the three day, right?

776
00:39:58,060 --> 00:40:01,020
And then maybe you have a structure break right here.

777
00:40:01,020 --> 00:40:03,960
Boom, all right, this is your entry, right?

778
00:40:03,960 --> 00:40:06,400
Let's pretend that this is the bottom and it holds.

779
00:40:06,400 --> 00:40:07,920
This is your entry then, right?

780
00:40:07,920 --> 00:40:12,160
So you're entering 40 cents, 33% higher.

781
00:40:12,160 --> 00:40:13,760
Who the fuck cares?

782
00:40:13,760 --> 00:40:14,600
Who cares?

783
00:40:14,600 --> 00:40:17,160
Because now your trade is looking something like this.

784
00:40:17,160 --> 00:40:18,880
Right?

785
00:40:18,880 --> 00:40:27,800
Let's say a trade.

786
00:40:27,800 --> 00:40:28,720
Okay.

787
00:40:28,720 --> 00:40:30,020
That's your trade now.

788
00:40:30,020 --> 00:40:32,620
And that's a great fucking trade, right?

789
00:40:32,620 --> 00:40:35,080
But what if your timeframe is,

790
00:40:35,080 --> 00:40:36,800
dude, I have all this extra money.

791
00:40:36,800 --> 00:40:38,560
I don't care what the fuck I'm gonna do with it.

792
00:40:38,560 --> 00:40:41,580
I can wait on it for eight months.

793
00:40:41,580 --> 00:40:45,400
All right, well, maybe you just, you know,

794
00:40:45,400 --> 00:40:49,120
you wait for things to settle down a little bit more.

795
00:40:49,120 --> 00:40:52,600
You see a sharp move down, it reclaims, right?

796
00:40:52,600 --> 00:40:54,580
Pretend it does something like this.

797
00:40:54,580 --> 00:40:57,760
Okay, then you buy up here, right?

798
00:40:57,760 --> 00:40:59,100
Reclaims a level.

799
00:40:59,100 --> 00:41:04,080
And then your stop is just underneath that wick.

800
00:41:04,080 --> 00:41:07,520
All right, cool.

801
00:41:07,520 --> 00:41:08,960
There's your trade, right?

802
00:41:10,760 --> 00:41:12,760
That's how you wanna plan it.

803
00:41:12,760 --> 00:41:14,480
That's how you wanna plan it out.

804
00:41:14,480 --> 00:41:16,120
That's how you wanna view these things.

805
00:41:16,120 --> 00:41:17,720
You don't wanna view it as,

806
00:41:17,720 --> 00:41:19,700
oh man, this looks like total shit.

807
00:41:19,700 --> 00:41:22,760
There's no way that I can make money off of this.

808
00:41:22,760 --> 00:41:26,520
I'll wait for something else that's already up 200%

809
00:41:26,520 --> 00:41:27,960
this month.

810
00:41:27,960 --> 00:41:30,920
And the caveat to this is you have to identify

811
00:41:30,920 --> 00:41:31,880
the right assets.

812
00:41:31,880 --> 00:41:35,400
So a newer asset that has some type of traction

813
00:41:35,400 --> 00:41:38,460
that is speculated on, right?

814
00:41:38,460 --> 00:41:43,460
You don't wanna do this and do like, let's do XMR, right?

815
00:41:43,460 --> 00:41:47,560
And it's like, bro, nobody's talked about XMR

816
00:41:47,560 --> 00:41:50,340
or even looked at Monero for literally,

817
00:41:50,340 --> 00:41:54,480
like I don't know when the last time I've seen someone

818
00:41:54,480 --> 00:41:57,760
tweet anything about Monero.

819
00:41:57,760 --> 00:41:59,300
Actually, like I really don't.

820
00:41:59,300 --> 00:42:04,300
I think more bots tweet about XMR than people.

821
00:42:04,300 --> 00:42:07,960
Like more bots are interested in this coin

822
00:42:07,960 --> 00:42:08,960
than actual people.

823
00:42:08,960 --> 00:42:12,840
And in that sense, what the fuck are you doing?

824
00:42:12,840 --> 00:42:14,960
Right?

825
00:42:14,960 --> 00:42:16,760
Like you're in the wrong asset.

826
00:42:16,760 --> 00:42:19,720
This shit could go sideways for a fucking bajillion years.

827
00:42:19,720 --> 00:42:22,420
It's not real people, it's just some bots, right?

828
00:42:22,420 --> 00:42:27,080
So that's how I like to think about it.

829
00:42:27,080 --> 00:42:30,640
It's not necessarily a say shill,

830
00:42:30,640 --> 00:42:32,680
but it's more a perspective.

831
00:42:32,680 --> 00:42:35,000
Like how you should be viewing certain assets

832
00:42:35,000 --> 00:42:35,840
based on the chart.

833
00:42:35,840 --> 00:42:37,960
Like yes, the say chart looks terrible.

834
00:42:37,960 --> 00:42:40,960
It's down 75 to 80%.

835
00:42:40,960 --> 00:42:43,400
There's no signs of real life,

836
00:42:43,400 --> 00:42:45,200
but things are starting to slow down.

837
00:42:45,200 --> 00:42:49,520
Let's see.

838
00:42:49,520 --> 00:42:54,320
Let's do, I kinda wanna do some of the memes

839
00:42:54,320 --> 00:42:58,080
because they're blatantly,

840
00:42:58,080 --> 00:42:59,560
I don't wanna say manipulated,

841
00:42:59,560 --> 00:43:01,100
but they're blatantly manipulated.

842
00:43:01,100 --> 00:43:04,720
So where there is manipulation,

843
00:43:04,720 --> 00:43:05,960
there is attention, right?

844
00:43:05,960 --> 00:43:08,440
Because somebody has to pay attention to it

845
00:43:08,440 --> 00:43:10,680
to figure out that there's a way to exploit it.

846
00:43:10,680 --> 00:43:12,520
And when you exploit it,

847
00:43:12,520 --> 00:43:14,940
there are lots of people caught in the crossfire.

848
00:43:14,940 --> 00:43:17,480
And because of that, you've manipulated attention.

849
00:43:17,480 --> 00:43:20,640
You forced, you forced,

850
00:43:20,640 --> 00:43:24,880
even if it's artificial, right?

851
00:43:24,880 --> 00:43:26,120
Even if it's artificial,

852
00:43:26,120 --> 00:43:31,120
you forced some type of demand or supply to hit the markets.

853
00:43:31,160 --> 00:43:36,160
So let's do, oh, fuck dude.

854
00:43:36,160 --> 00:43:39,240
You know what?

855
00:43:39,240 --> 00:43:40,440
I think baby doge was up a lot.

856
00:43:40,440 --> 00:43:41,540
Let's do baby doge.

857
00:43:41,540 --> 00:43:43,360
All right.

858
00:43:43,360 --> 00:43:46,780
Oh, dude, I don't wanna jinx it,

859
00:43:46,780 --> 00:43:48,280
but I think this is about to die.

860
00:43:48,280 --> 00:43:50,000
This is what we talked about with,

861
00:43:50,000 --> 00:43:51,680
yeah, we'll talk about popcat after.

862
00:43:51,680 --> 00:43:54,640
Remember what we talked about with the chart where

863
00:43:54,640 --> 00:43:58,080
it's not always correct,

864
00:43:58,080 --> 00:44:01,040
but what you can safely guess is

865
00:44:01,040 --> 00:44:05,520
you get these three, maybe four legs, right?

866
00:44:05,520 --> 00:44:08,720
You get these like major legs right here.

867
00:44:08,720 --> 00:44:11,440
And then it starts to just get weaker

868
00:44:11,440 --> 00:44:12,920
and weaker and weaker, right?

869
00:44:12,920 --> 00:44:15,160
You get this strong leg up

870
00:44:15,160 --> 00:44:16,920
and then it starts to pull back.

871
00:44:16,920 --> 00:44:19,060
And then this one's a weaker leg.

872
00:44:19,060 --> 00:44:22,600
All the highs get sold into, right?

873
00:44:22,600 --> 00:44:24,480
Dangerous, dangerous right here.

874
00:44:24,480 --> 00:44:25,500
I'm not saying to short it.

875
00:44:25,500 --> 00:44:27,520
I'm just saying don't be long it, you know?

876
00:44:27,520 --> 00:44:30,600
Like that, that is a big red flag.

877
00:44:30,600 --> 00:44:32,680
That is a big fucking red flag.

878
00:44:32,680 --> 00:44:37,840
Great question.

879
00:44:37,840 --> 00:44:42,160
Somebody said, "How do you feel like this is manipulated?"

880
00:44:42,160 --> 00:44:43,180
That's a great question.

881
00:44:43,180 --> 00:44:46,640
So obviously you never know for sure,

882
00:44:46,640 --> 00:44:49,400
but there are some obvious signs.

883
00:44:49,400 --> 00:44:53,840
Like it'll get listed and then

884
00:44:53,840 --> 00:44:57,280
the coin has been out for a while.

885
00:44:57,280 --> 00:44:58,840
And then it'll randomly, you know,

886
00:44:58,840 --> 00:45:00,500
it'll get listed on Binance.

887
00:45:00,500 --> 00:45:05,080
And then it's up 200%, okay?

888
00:45:05,080 --> 00:45:07,400
And then the moment they list the newer one,

889
00:45:07,400 --> 00:45:10,800
this one pulls back and everything else

890
00:45:10,800 --> 00:45:13,080
on the other one pumps, right?

891
00:45:13,080 --> 00:45:17,040
And it's just very blatant, especially when it's memes.

892
00:45:17,040 --> 00:45:21,120
You can tell that it's just a rotation, right?

893
00:45:21,120 --> 00:45:22,640
It's just a rotation.

894
00:45:22,640 --> 00:45:25,760
So I'm gonna go ahead, let me find, damn.

895
00:45:25,760 --> 00:45:27,480
I wish they would let you search.

896
00:45:27,480 --> 00:45:28,400
Ah, here we go.

897
00:45:30,280 --> 00:45:31,120
Ah.

898
00:45:31,120 --> 00:45:37,280
Big red flag.

899
00:45:37,280 --> 00:45:39,180
Big red flag right here, okay?

900
00:45:39,180 --> 00:45:40,120
This is a red flag.

901
00:45:40,120 --> 00:45:42,300
This is, no.

902
00:45:42,300 --> 00:45:44,700
You should be absolutely careful of this.

903
00:45:44,700 --> 00:45:49,060
Oh yeah, it's up 113%.

904
00:45:49,060 --> 00:45:50,920
Looks like it's about to spill over.

905
00:45:50,920 --> 00:45:52,400
Yeah, it could go up.

906
00:45:52,400 --> 00:45:53,760
I would still not be long.

907
00:45:53,760 --> 00:45:56,220
If you caught this move, more power to you.

908
00:45:56,220 --> 00:45:57,280
Take some profit.

909
00:45:57,280 --> 00:45:59,000
Take some profit right now.

910
00:45:59,000 --> 00:46:00,480
That is financial advice.

911
00:46:00,480 --> 00:46:03,000
Literally, if you are in this position

912
00:46:03,000 --> 00:46:08,000
and you've made some money, even if it's 100 bucks,

913
00:46:08,000 --> 00:46:09,120
take some profit.

914
00:46:09,120 --> 00:46:10,520
Seriously, take some profit.

915
00:46:10,520 --> 00:46:16,180
Yeah, dangerous, dangerous.

916
00:46:16,180 --> 00:46:19,320
All right, popcat.

917
00:46:19,320 --> 00:46:23,040
So we have a revisiting of resistance.

918
00:46:23,040 --> 00:46:23,880
Let's see.

919
00:46:23,880 --> 00:46:27,820
Jeez.

920
00:46:27,820 --> 00:46:29,760
Yeah, see, popcat doesn't look like,

921
00:46:29,760 --> 00:46:33,960
it doesn't look like it's a meme that's topped.

922
00:46:33,960 --> 00:46:36,060
In fact, it kind of looks like,

923
00:46:36,060 --> 00:46:39,280
it kind of looks like it's just,

924
00:46:39,280 --> 00:46:42,240
you might not even recognize this in like a little bit.

925
00:46:42,240 --> 00:46:45,680
It looks like it might be like a $1.50 at some point.

926
00:46:45,680 --> 00:46:49,680
Yeah, this is a hard chart to look at

927
00:46:49,680 --> 00:46:54,000
because I'm not used to memes looking like this,

928
00:46:54,000 --> 00:46:54,840
if that makes sense.

929
00:46:54,840 --> 00:46:59,600
I'm used to memes kind of doing like this

930
00:46:59,600 --> 00:47:04,200
and then coming all the way down and then just doing this.

931
00:47:04,200 --> 00:47:06,480
You know, like that's what I'm used to.

932
00:47:06,480 --> 00:47:08,340
And yeah, it kind of does look like this,

933
00:47:08,340 --> 00:47:11,080
but this is very strong for a meme.

934
00:47:11,080 --> 00:47:14,440
Like there's no basing, you know?

935
00:47:14,440 --> 00:47:19,320
Like there's no actual crazy, I don't know.

936
00:47:19,320 --> 00:47:21,560
This feels like a cycle's not done.

937
00:47:21,560 --> 00:47:22,960
That's my opinion.

938
00:47:22,960 --> 00:47:24,880
I don't own any popcat.

939
00:47:24,880 --> 00:47:26,080
I don't own any popcat.

940
00:47:26,080 --> 00:47:30,120
Yeah, I mean, it looks good, man.

941
00:47:30,120 --> 00:47:34,480
I wouldn't long it right now.

942
00:47:34,480 --> 00:47:35,600
I wouldn't long it right now,

943
00:47:35,600 --> 00:47:39,560
but generally speaking, like if I just zoom out,

944
00:47:39,560 --> 00:47:43,280
if I zoom out, this looks, doesn't look bad.

945
00:47:43,280 --> 00:47:44,680
It doesn't look bad at all.

946
00:47:44,680 --> 00:47:49,240
Like you pull up the three day, it looks great.

947
00:47:49,240 --> 00:47:51,140
You pull up the daily, it looks great.

948
00:47:51,140 --> 00:47:56,140
Um, where would I buy for the four hour?

949
00:47:56,140 --> 00:48:04,740
Dude, I think I would actually long a popcat around 70 cents.

950
00:48:04,740 --> 00:48:11,180
70 cents and I'd just, maybe I'd just blindly hold, honestly,

951
00:48:11,180 --> 00:48:12,380
something like this.

952
00:48:12,380 --> 00:48:16,580
I think I'd do something like this.

953
00:48:16,580 --> 00:48:18,140
No, no joke.

954
00:48:18,140 --> 00:48:19,620
I think I'd do something like this.

955
00:48:19,620 --> 00:48:23,660
And I, you know, just hold it to whatever the highs are

956
00:48:23,660 --> 00:48:25,740
over here, 85 to 90.

957
00:48:25,740 --> 00:48:28,340
This doesn't seem bad.

958
00:48:28,340 --> 00:48:32,140
I think this is going to pull back, but maybe like 68,

959
00:48:32,140 --> 00:48:36,180
68 to 70, and then you hold to close to a dollar.

960
00:48:36,180 --> 00:48:38,020
I think this time if it visits a dollar,

961
00:48:38,020 --> 00:48:39,140
it's going to blow past.

962
00:48:39,140 --> 00:48:42,220
So, hey, more power to you guys.

963
00:48:42,220 --> 00:48:44,460
I hope, I hope a popcat does well.

964
00:48:44,460 --> 00:48:47,580
Nero Octo.

965
00:48:47,580 --> 00:48:50,000
(soft music)

966
00:48:50,000 --> 00:48:59,940
What's the, what's, what's the ticker for it?

967
00:48:59,940 --> 00:49:01,380
Let me see.

968
00:49:01,380 --> 00:49:02,220
I'll pull it up.

969
00:49:02,220 --> 00:49:06,700
Oh, it's 1000 Nero.

970
00:49:06,700 --> 00:49:07,540
There we go.

971
00:49:07,540 --> 00:49:17,180
It looks like, okay.

972
00:49:17,180 --> 00:49:21,700
So you're saying the newest Nero Octo looks like

973
00:49:21,700 --> 00:49:24,860
consolidation before another leg higher.

974
00:49:24,860 --> 00:49:34,900
Hmm.

975
00:49:34,900 --> 00:49:41,580
I'm not, I'm not entirely sold.

976
00:49:41,580 --> 00:49:43,500
I'm not entirely sold.

977
00:49:43,500 --> 00:49:45,460
This to me looks more like

978
00:49:45,700 --> 00:49:49,900
like a big warning sign,

979
00:49:49,900 --> 00:49:52,260
but I hope, I hope you're right.

980
00:49:52,260 --> 00:49:54,100
I hope you're right.

981
00:49:54,100 --> 00:49:56,460
These wicks are very scary.

982
00:49:56,460 --> 00:50:00,300
When I see these wicks, I get very scared

983
00:50:00,300 --> 00:50:04,020
and I suddenly do not allow myself to bet big,

984
00:50:04,020 --> 00:50:05,620
but these are meme points.

985
00:50:05,620 --> 00:50:10,420
So, and it's not that high in market cap and liquidity.

986
00:50:10,420 --> 00:50:13,860
So a little bit of money can actually send this up

987
00:50:13,860 --> 00:50:14,700
tremendously.

988
00:50:14,700 --> 00:50:16,260
So who knows?

989
00:50:16,260 --> 00:50:20,060
Could it, could it print another leg?

990
00:50:20,060 --> 00:50:21,140
Absolutely.

991
00:50:21,140 --> 00:50:28,180
I just, not, not really a big fan of long into this.

992
00:50:28,180 --> 00:50:30,340
I'm not a big fan of long into this.

993
00:50:30,340 --> 00:50:32,540
There's a lot of casualties here, you know?

994
00:50:32,540 --> 00:50:37,140
If you want a long, I think a safer one is around 80 cents.

995
00:50:37,140 --> 00:50:40,060
If it gets there, like another pull back to 80 cents.

996
00:50:40,060 --> 00:50:43,100
And then if it loses 75,

997
00:50:43,100 --> 00:50:46,140
I think the last place you long is this area.

998
00:50:46,140 --> 00:50:49,660
And if it loses this, this 66 cent area,

999
00:50:49,660 --> 00:50:50,780
I think you're cooked.

1000
00:50:50,780 --> 00:50:51,740
I think you're done.

1001
00:50:51,740 --> 00:50:54,860
I think Nero is dead if that's the case, right?

1002
00:50:54,860 --> 00:50:59,500
So we lose this, you're going back to the fucking 36,

1003
00:50:59,500 --> 00:51:00,620
40 cents.

1004
00:51:00,620 --> 00:51:05,060
You're gonna start looking like this guy over here.

1005
00:51:05,060 --> 00:51:05,900
Right?

1006
00:51:05,900 --> 00:51:06,740
So let me.

1007
00:51:06,740 --> 00:51:09,160
(soft music)

1008
00:51:09,160 --> 00:51:20,100
Yeah, it's gonna start looking like this where,

1009
00:51:20,100 --> 00:51:25,980
right, you have all of these crazy wicks up right here,

1010
00:51:25,980 --> 00:51:27,100
right here.

1011
00:51:27,100 --> 00:51:29,220
This actually went higher, which is crazy.

1012
00:51:29,220 --> 00:51:31,100
But,

1013
00:51:34,940 --> 00:51:37,340
this underside retest was a good short.

1014
00:51:37,340 --> 00:51:41,260
Hmm.

1015
00:51:41,260 --> 00:51:43,780
God.

1016
00:51:43,780 --> 00:51:45,860
This is such a brutal price action.

1017
00:51:45,860 --> 00:51:47,700
I feel so bad for people.

1018
00:51:47,700 --> 00:51:50,080
I actually feel so bad for people because,

1019
00:51:50,080 --> 00:51:55,300
when it started to go down, it just died.

1020
00:51:55,300 --> 00:51:58,260
It literally did a 55% move down.

1021
00:51:58,260 --> 00:52:01,660
Like 55% in one day.

1022
00:52:01,660 --> 00:52:04,700
This is basically like one day.

1023
00:52:05,700 --> 00:52:07,700
Holy fuck.

1024
00:52:07,700 --> 00:52:10,460
I didn't realize it went down that much.

1025
00:52:10,460 --> 00:52:11,900
I didn't realize it went down.

1026
00:52:11,900 --> 00:52:16,700
Dude, even if you went one X risk, right?

1027
00:52:16,700 --> 00:52:20,980
Like just one X, you lost half your account.

1028
00:52:20,980 --> 00:52:26,620
And most people do go at least one X.

1029
00:52:26,620 --> 00:52:30,060
Like if they have $5,000, they enter a $5,000 position.

1030
00:52:30,060 --> 00:52:32,840
So, oh, that's brutal.

1031
00:52:32,840 --> 00:52:36,280
Um, damn.

1032
00:52:36,280 --> 00:52:40,800
That's, this is fucking brutal.

1033
00:52:40,800 --> 00:52:44,160
And it's hard to tell people not to trade this

1034
00:52:44,160 --> 00:52:46,760
because again, if you look at it,

1035
00:52:46,760 --> 00:52:50,300
if it's every criteria, even for me to trade,

1036
00:52:50,300 --> 00:52:55,800
it's top 10 in volume, decent enough liquidity

1037
00:52:55,800 --> 00:52:58,120
that you can get like a couple hundred thousand in

1038
00:52:58,120 --> 00:52:59,560
and be able to get in and out.

1039
00:53:00,480 --> 00:53:03,520
It's volatile and it's hyped, right?

1040
00:53:03,520 --> 00:53:07,680
There's a lot of noise and attention on it.

1041
00:53:07,680 --> 00:53:12,380
So the casualties that are in this chart,

1042
00:53:12,380 --> 00:53:15,120
even though it doesn't look that bad to the naked eye,

1043
00:53:15,120 --> 00:53:19,880
in a market that's already kind of dead,

1044
00:53:19,880 --> 00:53:23,760
this is like, you're sending them straight to hell.

1045
00:53:23,760 --> 00:53:25,460
Right here, this is really bad.

1046
00:53:25,460 --> 00:53:27,720
I hate seeing this.

1047
00:53:27,720 --> 00:53:29,840
I hate seeing this on the centralized exchange.

1048
00:53:29,840 --> 00:53:33,300
This belongs on like a DEX, you know?

1049
00:53:33,300 --> 00:53:35,220
Like when people enter the trenches,

1050
00:53:35,220 --> 00:53:37,460
they accept that this is a reality,

1051
00:53:37,460 --> 00:53:39,160
that this happens all the time.

1052
00:53:39,160 --> 00:53:42,280
When you trade on a centralized exchange,

1053
00:53:42,280 --> 00:53:46,280
you're inherently hoping that the exchange

1054
00:53:46,280 --> 00:53:49,940
does its due diligence to prevent stuff like this

1055
00:53:49,940 --> 00:53:51,600
from happening.

1056
00:53:51,600 --> 00:53:54,400
Now, is that the right way to go about things?

1057
00:53:54,400 --> 00:53:55,360
Probably not.

1058
00:53:55,360 --> 00:53:57,240
You should always do your own due diligence.

1059
00:53:57,240 --> 00:53:59,920
You should always manage your own risk.

1060
00:53:59,920 --> 00:54:03,680
You should always look into a project yourself.

1061
00:54:03,680 --> 00:54:08,440
But there are people who, one, don't really speak English.

1062
00:54:08,440 --> 00:54:13,560
They're not the best at understanding certain things.

1063
00:54:13,560 --> 00:54:17,960
And truth be told, some people are just not very good

1064
00:54:17,960 --> 00:54:22,840
at understanding what these fundamentals even mean,

1065
00:54:22,840 --> 00:54:25,400
what they do, differentiating between what's a scam

1066
00:54:25,400 --> 00:54:26,400
and what's not a scam,

1067
00:54:26,400 --> 00:54:29,640
because there's like fucking five different narrows.

1068
00:54:29,640 --> 00:54:30,480
It's tough.

1069
00:54:30,480 --> 00:54:34,020
And I kind of feel for people when I see shit like that.

1070
00:54:34,020 --> 00:54:35,520
Anyway, sorry.

1071
00:54:35,520 --> 00:54:38,480
Let's do with.

1072
00:54:38,480 --> 00:54:42,200
Let's do with and phantom.

1073
00:54:42,200 --> 00:54:43,160
Let's do with and phantom.

1074
00:54:43,160 --> 00:54:44,000
I'm not even gonna talk about you,

1075
00:54:44,000 --> 00:54:45,600
they're in looks like dog shit.

1076
00:54:45,600 --> 00:54:48,920
With, with, with.

1077
00:54:53,000 --> 00:54:58,000
With does look like consolidation, but at the same time,

1078
00:54:58,000 --> 00:55:02,960
man, it just looks,

1079
00:55:02,960 --> 00:55:06,800
dude, there's gonna be a decisive move soon.

1080
00:55:06,800 --> 00:55:10,240
For me, I think I would wait for with to regain a trend

1081
00:55:10,240 --> 00:55:14,880
because these meme coins are so easy to trade

1082
00:55:14,880 --> 00:55:16,400
when they're trending.

1083
00:55:16,400 --> 00:55:19,680
So I don't really need to take the bet here

1084
00:55:19,680 --> 00:55:23,040
when I could take the bet like right here.

1085
00:55:23,040 --> 00:55:25,220
And I know that's significantly higher,

1086
00:55:25,220 --> 00:55:27,640
but it's significantly safer too.

1087
00:55:27,640 --> 00:55:31,300
And in that sense, I would take this all day,

1088
00:55:31,300 --> 00:55:35,480
the 65% right here, maybe on like one or two X leverage,

1089
00:55:35,480 --> 00:55:38,380
dude, you just made 65 to 130%, right?

1090
00:55:38,380 --> 00:55:40,560
Depending on what leverage you take,

1091
00:55:40,560 --> 00:55:42,040
depending on how much size you take,

1092
00:55:42,040 --> 00:55:43,800
depending on how much, you know,

1093
00:55:43,800 --> 00:55:47,280
how clean this price action is if it gets there.

1094
00:55:47,280 --> 00:55:52,280
But yeah, I personally, for me, I wouldn't buy it here.

1095
00:55:52,280 --> 00:55:56,040
Do you, I, do I think that it's consolidating?

1096
00:55:56,040 --> 00:55:57,760
Yes, it is.

1097
00:55:57,760 --> 00:55:58,720
Yes, it is.

1098
00:55:58,720 --> 00:56:02,880
But it's the same as Solana, right?

1099
00:56:02,880 --> 00:56:05,600
Where yes, it's consolidating.

1100
00:56:05,600 --> 00:56:08,760
Does it look great?

1101
00:56:08,760 --> 00:56:10,240
I don't think so.

1102
00:56:10,240 --> 00:56:12,040
I don't think so.

1103
00:56:12,040 --> 00:56:15,760
And obviously that's just my opinion, but they feel flat.

1104
00:56:15,760 --> 00:56:20,120
They feel like a literal flat tire where it kind of works,

1105
00:56:20,120 --> 00:56:23,240
but you know, it's moving a little bit slower

1106
00:56:23,240 --> 00:56:26,080
than you'd like and other things are outperforming it.

1107
00:56:26,080 --> 00:56:31,960
Yeah, I'm not too big of a fan of buying right here.

1108
00:56:31,960 --> 00:56:36,040
I'd be more happy to buy higher, especially on meme coins.

1109
00:56:36,040 --> 00:56:39,960
Meme coins that hyper trend, so much more fun.

1110
00:56:39,960 --> 00:56:40,800
So much more fun.

1111
00:56:40,800 --> 00:56:42,800
All right, let's do,

1112
00:56:44,200 --> 00:56:45,600
I think I said I was gonna do Phantom.

1113
00:56:45,600 --> 00:56:46,760
Let's do Phantom.

1114
00:56:46,760 --> 00:56:48,120
All right, Phantom.

1115
00:56:48,120 --> 00:56:50,880
Oh my God, is that exactly where I wanted to short?

1116
00:56:50,880 --> 00:56:55,040
This was where I wanted to short Phantom for a while.

1117
00:56:55,040 --> 00:56:56,440
So I had this marked out.

1118
00:56:56,440 --> 00:57:02,400
I might do it.

1119
00:57:02,400 --> 00:57:03,920
I might do it.

1120
00:57:03,920 --> 00:57:05,880
I still think Phantom's a pretty dead chain.

1121
00:57:05,880 --> 00:57:07,400
I know they came out with like

1122
00:57:07,400 --> 00:57:11,400
some fucking new development.

1123
00:57:11,400 --> 00:57:12,800
I forgot what it was called.

1124
00:57:12,800 --> 00:57:14,120
It's something with an S.

1125
00:57:14,120 --> 00:57:21,200
They hired a bunch of people to show KOLs and whatnot.

1126
00:57:21,200 --> 00:57:24,200
It's not really, I don't know.

1127
00:57:24,200 --> 00:57:25,440
It's not really my thing.

1128
00:57:25,440 --> 00:57:27,760
I don't think that's gonna make any difference

1129
00:57:27,760 --> 00:57:30,000
and I think this is probably gonna pull back.

1130
00:57:30,000 --> 00:57:34,280
The issue is how do I time this?

1131
00:57:34,280 --> 00:57:39,280
So I think I'm gonna scatter orders

1132
00:57:39,280 --> 00:57:42,640
from current price.

1133
00:57:42,640 --> 00:57:44,040
Yeah, I think I'm gonna scatter shorts

1134
00:57:44,040 --> 00:57:47,760
from current price up to 68.

1135
00:57:47,760 --> 00:57:50,440
Yeah, up to 68.

1136
00:57:50,440 --> 00:57:53,760
So I might do this all the way up to 68

1137
00:57:53,760 --> 00:57:57,960
as in it sweeps again, which it might.

1138
00:57:57,960 --> 00:58:00,400
And the average will probably be around this week.

1139
00:58:00,400 --> 00:58:05,520
And I'm probably gonna be targeting 55.

1140
00:58:05,520 --> 00:58:07,840
Does that make sense?

1141
00:58:07,840 --> 00:58:09,440
Yeah, 55 around here.

1142
00:58:09,440 --> 00:58:10,280
So.

1143
00:58:10,280 --> 00:58:16,080
So around here.

1144
00:58:16,080 --> 00:58:20,480
I'm betting that it's gonna take out this wick.

1145
00:58:20,480 --> 00:58:21,720
Yeah, yeah.

1146
00:58:21,720 --> 00:58:23,080
I think I'll do that after.

1147
00:58:23,080 --> 00:58:24,200
I'll do that after.

1148
00:58:24,200 --> 00:58:26,320
So I'll make a post.

1149
00:58:26,320 --> 00:58:27,480
I'll make a post.

1150
00:58:27,480 --> 00:58:28,800
I'll make a post.

1151
00:58:28,800 --> 00:58:30,200
You don't have to copy me right now.

1152
00:58:30,200 --> 00:58:33,440
I'll make a post with all the shenanigans up there.

1153
00:58:33,440 --> 00:58:37,200
- All right, let's see, what else?

1154
00:58:37,200 --> 00:58:39,620
(soft music)

1155
00:58:39,620 --> 00:58:46,080
All right, what else do I need?

1156
00:58:46,080 --> 00:58:47,400
Can I look at FET?

1157
00:58:47,400 --> 00:58:48,960
Yeah, I'll look at FET.

1158
00:58:48,960 --> 00:58:51,360
All right, this will be the last chart for me

1159
00:58:51,360 --> 00:58:53,560
because I wanna speak about some stuff

1160
00:58:53,560 --> 00:58:56,240
that we have listed on our thing.

1161
00:58:56,240 --> 00:58:59,480
Yeah.

1162
00:58:59,480 --> 00:59:01,720
So let me see.

1163
00:59:01,720 --> 00:59:02,760
Boom.

1164
00:59:02,760 --> 00:59:03,600
All right, cool.

1165
00:59:06,440 --> 00:59:08,600
(sighs)

1166
00:59:08,600 --> 00:59:11,720
I said it looks like SUI before it popped.

1167
00:59:11,720 --> 00:59:14,040
A little bit.

1168
00:59:14,040 --> 00:59:16,400
I see what you're talking about in the four hour.

1169
00:59:16,400 --> 00:59:34,920
I think if you're gonna buy it, bro.

1170
00:59:35,120 --> 00:59:37,160
(soft music)

1171
00:59:37,160 --> 00:59:38,960
Let it reclaim this level.

1172
00:59:38,960 --> 00:59:41,440
If it's gonna do a move like SUI,

1173
00:59:41,440 --> 00:59:43,400
it should at least take out this level

1174
00:59:43,400 --> 00:59:45,240
and then come and test that, right?

1175
00:59:45,240 --> 00:59:48,600
So that's a 190, right?

1176
00:59:48,600 --> 00:59:51,320
Alternatively, you can wait for a higher loan,

1177
00:59:51,320 --> 00:59:55,040
which would be about 128.

1178
00:59:55,040 --> 00:59:57,680
Okay, buying right now is buying resistance.

1179
00:59:57,680 --> 01:00:02,320
Doesn't seem like it's a great idea

1180
01:00:02,320 --> 01:00:05,160
you're buying resistance again, even on the four hour.

1181
01:00:05,160 --> 01:00:09,640
So if you're gonna go on lower and lower timeframes,

1182
01:00:09,640 --> 01:00:13,520
maybe you can buy 135 on the hourly

1183
01:00:13,520 --> 01:00:17,640
and then layer the rest of your bids down here.

1184
01:00:17,640 --> 01:00:22,640
All right, so 132, 129, 126.

1185
01:00:22,640 --> 01:00:25,600
All right, something like that.

1186
01:00:25,600 --> 01:00:28,040
Again, you wanna have systems in place

1187
01:00:28,040 --> 01:00:30,920
so that you don't oversize on the front end.

1188
01:00:30,920 --> 01:00:33,920
Most people oversize on the front end.

1189
01:00:33,920 --> 01:00:36,560
They never actually oversize on the back end.

1190
01:00:36,560 --> 01:00:41,560
So for example, if Bitcoin support is 55K,

1191
01:00:41,560 --> 01:00:45,360
most people end up buying at 57.

1192
01:00:45,360 --> 01:00:48,760
They don't actually oversize on 55.

1193
01:00:48,760 --> 01:00:50,420
Usually people don't have that problem.

1194
01:00:50,420 --> 01:00:52,220
They have the problem of getting in early

1195
01:00:52,220 --> 01:00:54,280
because they're greedy.

1196
01:00:54,280 --> 01:00:56,440
They're more impatient.

1197
01:00:56,440 --> 01:00:57,720
That's the problem.

1198
01:00:57,720 --> 01:01:01,960
So always have a way to mitigate your weaknesses.

1199
01:01:01,960 --> 01:01:05,600
You don't have to turn your weaknesses into strengths,

1200
01:01:05,600 --> 01:01:08,280
just get rid of the weakness, right?

1201
01:01:08,280 --> 01:01:10,320
That's a good way to think about it.

1202
01:01:10,320 --> 01:01:14,060
It's like, oh, dude, my risk management sucks.

1203
01:01:14,060 --> 01:01:18,760
Well, create a system that completely

1204
01:01:18,760 --> 01:01:21,380
does the management for you

1205
01:01:21,380 --> 01:01:23,800
so that you don't even have to think about it.

1206
01:01:23,800 --> 01:01:25,780
You're not susceptible to your own greed,

1207
01:01:25,780 --> 01:01:27,540
your own impatience, right?

1208
01:01:27,540 --> 01:01:29,200
The system handles that for you.

1209
01:01:29,200 --> 01:01:31,240
You've removed that weakness

1210
01:01:31,240 --> 01:01:35,620
without ever working on it yourself, right?

1211
01:01:35,620 --> 01:01:39,440
Okay, let's do the education thing.

1212
01:01:39,440 --> 01:01:42,860
So I actually got talked into this

1213
01:01:42,860 --> 01:01:46,600
by a couple of traders that I respect.

1214
01:01:46,600 --> 01:01:48,640
And they were like, hey man,

1215
01:01:48,640 --> 01:01:53,120
we're doing the edges for ledges by Tom Dante.

1216
01:01:53,120 --> 01:01:54,960
And I know it's traditional markets,

1217
01:01:54,960 --> 01:01:56,760
but you should join us

1218
01:01:56,760 --> 01:02:00,920
and just learn and whatever.

1219
01:02:00,920 --> 01:02:02,460
And I was like, you know what?

1220
01:02:02,460 --> 01:02:04,220
It's a pretty slow time.

1221
01:02:04,220 --> 01:02:05,580
I'm gonna do it.

1222
01:02:05,580 --> 01:02:10,440
So every week there's two sessions.

1223
01:02:10,440 --> 01:02:11,320
It's almost done.

1224
01:02:11,320 --> 01:02:14,740
It's just for the month of September, I believe.

1225
01:02:14,740 --> 01:02:18,980
So obviously there are replays and videos are recorded,

1226
01:02:18,980 --> 01:02:21,180
et cetera, just like this stream.

1227
01:02:21,180 --> 01:02:23,840
And I'm gonna go ahead and every week

1228
01:02:23,840 --> 01:02:27,640
I'm gonna finish one or two modules,

1229
01:02:27,640 --> 01:02:31,840
which are just videos that explain certain concepts.

1230
01:02:31,840 --> 01:02:33,840
And then we're gonna go over it together.

1231
01:02:33,840 --> 01:02:39,960
It's nothing that is like a stream per se,

1232
01:02:39,960 --> 01:02:42,720
but we can learn together.

1233
01:02:42,720 --> 01:02:46,640
I'm probably just gonna be reteaching it to you guys

1234
01:02:46,640 --> 01:02:49,660
so that I can understand it better myself.

1235
01:02:49,660 --> 01:02:51,320
And that kind of holds me accountable

1236
01:02:51,320 --> 01:02:54,640
to know what he's talking about.

1237
01:02:54,640 --> 01:02:57,840
And obviously I will give you a disclaimer

1238
01:02:57,840 --> 01:03:01,000
if I think it is important or not,

1239
01:03:01,000 --> 01:03:03,980
but I think it's always good to know more.

1240
01:03:03,980 --> 01:03:07,860
I think there's no world where you are gonna do worse

1241
01:03:07,860 --> 01:03:11,360
as a trader because you have more skills, right?

1242
01:03:11,360 --> 01:03:14,100
Because you have more knowledge,

1243
01:03:14,100 --> 01:03:15,760
because you have more information.

1244
01:03:15,760 --> 01:03:18,640
I don't think that's possible.

1245
01:03:18,640 --> 01:03:22,760
It's possible if you can't decipher

1246
01:03:22,760 --> 01:03:24,920
what information is important,

1247
01:03:24,920 --> 01:03:26,960
but that's not an information problem.

1248
01:03:26,960 --> 01:03:29,680
That's a deciphering problem.

1249
01:03:29,680 --> 01:03:33,720
That's a turning noise into signal problem.

1250
01:03:33,720 --> 01:03:36,280
And I think that's a different problem in and of itself

1251
01:03:36,280 --> 01:03:37,680
that gets confused as,

1252
01:03:37,680 --> 01:03:40,080
oh, there's too much information, right?

1253
01:03:40,080 --> 01:03:44,120
So yeah, that's what we're gonna be doing

1254
01:03:44,120 --> 01:03:47,140
for the, until the end of October, basically,

1255
01:03:47,140 --> 01:03:48,760
because there's six weeks of it

1256
01:03:48,760 --> 01:03:51,120
and there's six weeks left until the end of October.

1257
01:03:51,120 --> 01:03:53,480
So every week we're gonna be doing that.

1258
01:03:53,480 --> 01:03:55,260
No pressure for you to join.

1259
01:03:55,260 --> 01:04:00,160
The only caveat is there will be no notes for it

1260
01:04:00,160 --> 01:04:05,160
because I don't believe in teaching something halfway.

1261
01:04:05,160 --> 01:04:07,880
And a summarized note version

1262
01:04:07,880 --> 01:04:10,380
is not gonna do anyone justice.

1263
01:04:10,380 --> 01:04:13,160
I think it's just gonna teach you partial concepts

1264
01:04:13,160 --> 01:04:14,800
and you're gonna take it and you're gonna run with it

1265
01:04:14,800 --> 01:04:16,400
and then you're gonna fuck up.

1266
01:04:16,400 --> 01:04:18,160
And it's not good.

1267
01:04:18,160 --> 01:04:22,680
So there will be replaying videos or whatever,

1268
01:04:22,680 --> 01:04:26,360
but there won't be any notes for it.

1269
01:04:26,360 --> 01:04:29,760
And that's just it.

1270
01:04:29,760 --> 01:04:36,480
Yeah, and then we talked about making a scalping challenge.

1271
01:04:36,480 --> 01:04:39,200
I want to incorporate the scalping challenge

1272
01:04:39,200 --> 01:04:40,280
with the education.

1273
01:04:40,280 --> 01:04:43,320
So we're gonna take some of the stuff that we learn,

1274
01:04:43,320 --> 01:04:46,080
stuff that we know, and we're gonna combine it.

1275
01:04:46,080 --> 01:04:47,320
And we're gonna do it on scalps

1276
01:04:47,320 --> 01:04:49,840
because Tom Dante is actually a very good scalper.

1277
01:04:49,840 --> 01:04:53,520
He actually doesn't do a lot of swing trades anymore

1278
01:04:53,520 --> 01:04:54,800
from what I understand.

1279
01:04:54,800 --> 01:04:58,000
He's more of like an in and out kind of guy.

1280
01:04:58,000 --> 01:05:01,440
He gets in, it makes a couple percentage moves

1281
01:05:01,440 --> 01:05:03,320
and he gets the fuck out.

1282
01:05:03,320 --> 01:05:06,240
He's not like a sit in this position for six months

1283
01:05:06,240 --> 01:05:08,300
and disappear kind of guy.

1284
01:05:08,300 --> 01:05:12,600
So that'll be fun as well because you'll see me fuck up.

1285
01:05:12,600 --> 01:05:15,320
We can all learn together.

1286
01:05:15,320 --> 01:05:16,840
And there's real money on the line.

1287
01:05:16,840 --> 01:05:19,260
So that's great.

1288
01:05:19,260 --> 01:05:21,200
The only thing was I wanted to figure out

1289
01:05:21,200 --> 01:05:23,000
how much we were doing.

1290
01:05:23,000 --> 01:05:26,000
I was thinking I want to denominate it in Bitcoin

1291
01:05:26,000 --> 01:05:28,240
because it's a lot easier that way.

1292
01:05:28,240 --> 01:05:32,600
So maybe like 10, 15, 20 Bitcoin, I'll just move it out

1293
01:05:32,600 --> 01:05:35,120
because you don't need that much to scalp

1294
01:05:35,120 --> 01:05:38,400
since I don't think anyone's really scalping

1295
01:05:38,400 --> 01:05:39,900
tens of millions of dollars

1296
01:05:39,900 --> 01:05:42,160
because there's no fucking liquidity for that.

1297
01:05:42,160 --> 01:05:44,300
And you'll get slipped so hard

1298
01:05:44,300 --> 01:05:48,040
that it doesn't make any sense on such small moves.

1299
01:05:48,040 --> 01:05:51,580
So yeah, that's essentially what we're doing.

1300
01:05:51,580 --> 01:05:56,540
Yeah, I think that's mostly it.

1301
01:05:56,540 --> 01:06:03,360
Yeah, so if you guys are interested,

1302
01:06:03,360 --> 01:06:07,160
we will have educational sessions starting next week.

1303
01:06:07,160 --> 01:06:08,360
It's gonna be boring.

1304
01:06:08,360 --> 01:06:09,800
It's not gonna be very entertaining.

1305
01:06:09,800 --> 01:06:11,020
I won't ever.

1306
01:06:13,640 --> 01:06:15,040
I'll try not to lie to you guys

1307
01:06:15,040 --> 01:06:17,560
and say that it's gonna be the most fun stream,

1308
01:06:17,560 --> 01:06:19,920
but it's educational.

1309
01:06:19,920 --> 01:06:22,320
And if you have time, please tune in.

1310
01:06:22,320 --> 01:06:24,520
We'll decide the time for the educational stuff.

1311
01:06:24,520 --> 01:06:28,960
I want people who are serious to be able to tune in

1312
01:06:28,960 --> 01:06:33,320
because if you're just gonna come in and be like,

1313
01:06:33,320 --> 01:06:35,920
"Oh, dude, can you just chart Bitcoin?"

1314
01:06:35,920 --> 01:06:38,960
That's a different stream.

1315
01:06:38,960 --> 01:06:40,480
So we'll figure it out.

1316
01:06:42,120 --> 01:06:44,040
I'm thinking we start with 10 Bitcoin,

1317
01:06:44,040 --> 01:06:45,660
which is like what?

1318
01:06:45,660 --> 01:06:46,880
What's Bitcoin at?

1319
01:06:46,880 --> 01:06:51,480
I think 10 Bitcoin's a good 600K.

1320
01:06:51,480 --> 01:06:55,240
So yeah, we'll learn together

1321
01:06:55,240 --> 01:06:57,320
'cause the market's so fucking slow, dude.

1322
01:06:57,320 --> 01:07:00,320
What other coins am I charting?

1323
01:07:00,320 --> 01:07:02,400
I'd rather learn.

1324
01:07:02,400 --> 01:07:05,420
So I think that's gonna be a great addition

1325
01:07:05,420 --> 01:07:06,400
to what we already have.

1326
01:07:06,400 --> 01:07:07,920
It'll give me a reason to stream

1327
01:07:07,920 --> 01:07:10,040
because sometimes the market's just not moving.

1328
01:07:10,040 --> 01:07:13,320
And I feel like I don't wanna waste my time to stream

1329
01:07:13,320 --> 01:07:15,020
if nothing is moving.

1330
01:07:15,020 --> 01:07:18,240
I don't wanna waste your time to sit there and watch

1331
01:07:18,240 --> 01:07:20,640
and hear me just say the same things.

1332
01:07:20,640 --> 01:07:23,080
It's not the best.

1333
01:07:23,080 --> 01:07:26,080
So I think this will be a cool switch up.

1334
01:07:26,080 --> 01:07:29,920
But yeah, I'm gonna go ahead and wrap this up here

1335
01:07:29,920 --> 01:07:31,160
over an hour.

1336
01:07:31,160 --> 01:07:33,280
Thank you guys as always for tuning in.

1337
01:07:33,280 --> 01:07:36,120
I really appreciate every single one of you guys.

1338
01:07:36,120 --> 01:07:40,520
You guys make it so fun to just be in this market right now

1339
01:07:40,520 --> 01:07:43,180
because otherwise it's so fucking dead.

1340
01:07:43,180 --> 01:07:46,860
I get to just see the same names over and over.

1341
01:07:46,860 --> 01:07:48,920
And I know it sounds really dumb,

1342
01:07:48,920 --> 01:07:51,920
but I actually feel a sigh of relief

1343
01:07:51,920 --> 01:07:53,760
when I see the same names

1344
01:07:53,760 --> 01:07:58,240
because I realize how hard it is to continue trading a market

1345
01:07:58,240 --> 01:08:01,960
that is so unforgiving and so brutal right now.

1346
01:08:01,960 --> 01:08:05,520
There are so many traders that I know personally

1347
01:08:05,520 --> 01:08:08,360
that have been demolished.

1348
01:08:08,360 --> 01:08:11,640
I am telling you, some of your favorite influencers

1349
01:08:11,640 --> 01:08:17,160
are getting destroyed behind the scenes.

1350
01:08:17,160 --> 01:08:18,800
Like destroyed.

1351
01:08:18,800 --> 01:08:23,280
People are reconsidering their careers,

1352
01:08:23,280 --> 01:08:25,200
thinking about going back to work,

1353
01:08:25,200 --> 01:08:28,420
hoping for another bull market, like a crazy cycle.

1354
01:08:28,420 --> 01:08:33,720
There's a lot of nightmares going on in the background

1355
01:08:33,720 --> 01:08:35,280
and you won't see it on Twitter,

1356
01:08:35,280 --> 01:08:38,240
but there's a reason why everyone's gone.

1357
01:08:38,240 --> 01:08:39,840
Everyone's just not active.

1358
01:08:39,840 --> 01:08:42,960
Thank you guys as always.

1359
01:08:42,960 --> 01:08:46,040
I'm so glad that I see familiar names.

1360
01:08:46,040 --> 01:08:48,800
And I'm so proud of you guys

1361
01:08:48,800 --> 01:08:52,220
because I think there's a certain mental resilience

1362
01:08:52,220 --> 01:08:57,220
that you have to have to stay this committed to a market

1363
01:08:57,220 --> 01:09:00,640
that has been chopping for fucking five months.

1364
01:09:00,640 --> 01:09:03,640
So yeah, thank you guys.

1365
01:09:03,640 --> 01:09:07,800
Feel free to message me.

1366
01:09:07,800 --> 01:09:12,040
Any personal things that you need me to answer,

1367
01:09:12,040 --> 01:09:14,440
if you have anything that you're going through,

1368
01:09:14,440 --> 01:09:17,800
I know that it's kind of hard to say it in the YouTube chat.

1369
01:09:17,800 --> 01:09:21,280
So feel free to message me and I'm all ears.

1370
01:09:21,280 --> 01:09:22,160
Appreciate you guys.

1371
01:09:22,160 --> 01:09:23,700
Have a great rest of your day.

1372
01:09:23,700 --> 01:09:27,640
I will see you guys next week

1373
01:09:27,640 --> 01:09:30,580
for the first reiteration of Edges for Ledges.

1374
01:09:30,580 --> 01:09:31,840
It's by Tom Dante.

1375
01:09:31,840 --> 01:09:33,040
I have to give him his flowers.

1376
01:09:33,040 --> 01:09:38,040
So if you go ahead and sign up, feel free to.

1377
01:09:38,040 --> 01:09:41,120
If not, we're just gonna recap it, okay?

1378
01:09:41,120 --> 01:09:42,980
And I hope he doesn't fucking get upset at me

1379
01:09:42,980 --> 01:09:45,680
for doing that, but I'm just reteaching his material.

1380
01:09:45,680 --> 01:09:47,360
He's the goat.

1381
01:09:47,360 --> 01:09:49,160
So yeah, catch you guys next time.