Well in coins that I've been kind of following, Akash seems to be kind of up quite a bit today.
It's up like 15% to about $2.95 again and bottom down to like $2.29 this dip.
So that's really one of the sort of fastest movers I would say.
I was not really expecting that necessarily. I think we've had some up day for quite a few things.
Zephyr's up like 11. It went to about $14.70 which is kind of a fib level.
Kind of dipped back down to the 50-day moving the 50-period moving average on the four hour.
Hard to tell if everything's in reversal or not. On the plus side it looks like the Bitcoin
like selling FUD is largely kind of coming to a close. So you got a pretty good correction there.
I suppose we could dip a bit further but overall you know it's like there's not really any real
significant FUD left for BTC I would say. So otherwise unless there's some organic selling
or something should do fine. Stuff that has not moved yet that are good buys I would say.
Kuji's looking good about $3.27 right now. It's got like a fib level of $3.09 right around there
and has had a consolidation here since about November like most alts. So it looks like pretty
good for a next move up in the next month or so. Judging by its velocity, could you get to like $5.50
which is previous high? The quickest that's likely to happen is probably within a few weeks.
It's kind of like just the speed of this thing.
So that's kind of a good price at this point. Other stuff.
Hold up a second. There's some news over here. Tesla stock falls 12%. What happened now?
Speaking of Tesla, so Porsche's new Macan showed off kind of today.
Tesla's like at $183. Porsche's new Macan is pretty expensive but it has really good range.
Really large battery, really fast recharge time and stuff.
So it's kind of an interesting thing. I don't know if that's going to be bullish or bearish
for their stock but anyway, little side note. Otherwise, let's see, other things. So there was
the Luna Terraform Labs bankruptcy news and along with this like crypto dip,
Luna dropped to about $0.55. Its most recent high was $1.30 so it retraced pretty much 50% or so.
And it's at its 200 day moving average right now.
Is it going to see another dump or another low? I guess it's possible.
I think people don't understand exactly what the bankruptcy for Terraform Labs is all about.
The understanding is they file for Chapter 11 so they can protect their assets from any creditors
or I guess anybody who would try to claim money from Doquan or something, I'm not really sure.
But it might be potentially a bullish thing for Terra to have this happen.
Either way, like the FUD will cause price to go down and you'll probably find like a good
buying opportunity somewhere. Is anything really fancy being built on Terra except for Enterprise
Downs and other things? I'm not so sure. So I've got my Luna bag. Some of the guys yesterday were
talking about how they were getting into White Whale Token which is an interesting little
sort of play on sort of arbitraging different coins in the Cosmos ecosystem.
So that looked pretty interesting. That was the White Whale Coin that's available on their own chain
and we kind of talked a little bit about that yesterday. I might get some.
Let's see what other things are interesting here.
Zephyr sort of hit a local bottom at about $10.40.
Today, I think, hit about almost $15, $14.80. So that's a pretty good size candle off the bottom
on the daily today. It's at a level where it could go parabolic again. So small
caps like this usually just like either they just sit and do nothing. They drag downward or they
just send. Not a lot of in-between on these things usually as you've seen from Zephyr's chart before.
Really great pullback already. It's almost 80%. I think like could it go lower? It's possible
but in a bullish market, you're probably getting greedy. It
should like I think so the next sort of retest would be that $25 level. And then beyond that,
like the highest volume resistance areas for Zephyr are right in that sort of $17 to $18 range
and then the $27 to $28 range. So that's kind of the destinations to look out for.
Other other than that, like, yeah, once things start moving, it should be pretty quick. So it's
remember proof of work coins are basically like oftentimes by miners and miners tend
to own things like Bitcoin. Give me one second. Sorry, guys.
Hey, there. How's it going?
Usually expect volatility around that time because people gamble
during that time. They'll put in longs and shorts. So that is the time when
you might see some chop, some excitement just because of that. People play the
try to play that and try to figure out if they can make some money.
Anyway, yeah, where does BTC go? I don't know. It'd be interesting if next year
we could get back relatively quickly here to this year to prior high to BCC.
It'd be really, really bullish if BCC is able to make it quickly here to prior high,
which is at 69K. I think it's quite feasible for that to occur now that all these ETFs are live.
And it's a stock market pumps and people like, oh, I got to sell my NVIDIA stock or some shit
or my AMD, whatever's pumped. Like, you know, some of those people will want to find the thing
that hasn't moved yet. And for sure, I think if you just look at where the stock market is,
like BTC dropping to the next lower fib, which is 33K, it would be really a bit too easy,
honestly, because then a ton of people could just sell their stocks in the green and buy this,
buy this thing in their ETF. I think that makes it a little bit too easy for people.
And therefore going to 33K is probably not going to happen. All these new ETF,
people that bought the ETF, you know, they're going to buy that dip if they bought the,
you know, they bought the 38K to 47K level. So all those ETF owners are basically new dip buyers,
essentially. Like, I don't think it's going to go there at this point because of this.
Having said that, like, cost of mind BTC right now is about 20 to 24,000. You never know, like,
BTC in the past has hit the cost of mind or gotten very close to it, such as in the bear
market this last season. Cost of mind was around 10 to 12K and we reached $15,600 BTC. So getting
closer to the cost of mind is very much possible, but with halvening coming along,
the price of mind will no longer be 10 to 12K. It'll be more like 20 to 24K cost of mind.
And right now we're at 41,000. So we're about a 2X from the cost of mind already for April.
All right. Generally post-halvening is when miners tend to huddle their coins.
The cost of mind actually goes up considerably, which means that if the price dropped below the
cost of mind, miners are going to just buy outright instead of trying to mine it. And
these kind of dynamics lead to sort of steady number go up over a period of time.
Okay. Janet, what are you up to?
Yes. Hi, Sophie. What are you doing?
You know, I'm trying to figure out how I can buy a Zeph.
Because I tried to put my VPN, the VPN that I use, it's called a node, node what, node something.
Okay. Yeah, it's still showing. It's still showing my location.
So can you advise me? Did you change the location? What location did you pick on the VPN?
The location I'm at here in Canada. Yeah, you probably want to just pick Switzerland or
somewhere. Oh, okay. The VPN is not about your personal address. The VPN is about which country
you're from. Typically. So like if you go there and you go to Mexi, you should be fine.
So if okay, so if I change my location, and then I use Mexi, it's gonna be,
is it but I've heard so many bad stuff about Mexi though.
Mexi, is it any of these platforms are a problem if you trade futures?
Trading futures, meaning like, you know, you gambled that some coin is going to 100x and
it actually 100x is and then the exchange doesn't want to pay out that amount or something
that creates some drama. But if you're just simply buying tokens and moving them to your wallet,
which is the best thing to do. Will Mexi allow me to transfer my ZAF?
Yeah, yeah, no problem. Okay, all right. It's been working great. No problem at all.
Okay, thanks. So yeah, just yeah, you can go there or depends on how much you're buying. If
you're buying a relatively smaller amount, then you have like trade over and some other smaller
exchanges as well. But Mexi has the most liquidity. Yeah. So what do you think? Do you think it
will come by April? April? Yeah, why not? It's quite possible. So if you look at already,
we've had a two month retracement about 61 or 62 days. If you look at a similar chart with,
you know, back when Casper was at this level, it took about three total months between the high,
the dump and then back to high again. So yeah, it would be fairly typical to have a coin like this
start to run again over the next month or so. So that wouldn't be surprising at all. And remember,
when these things run, it's usually too late if you wait. So it's like, they'll run fast. Once
things move in these small caps, they'll put in like, you know how they move, they'll move like 30%
in one day, 30% in one day, 30% one day, they move really, really fast. So yeah, you won't really
be able to catch it. If you sort of say I'm going to time this and find a reversal or some
shit, like you just, yeah, that's how these things usually work. It's how it's what happened in
like October as well, right? It was like a buck 88 and went to 52. And you know, like
something like this could go from like right now we're only $13 and 40 cents. So you know,
to do to get to the next fib at 130, like the only one fib extension from the all time high
at 52 would be 130. That's a 10 extra already. These things usually run like two fib extensions
at least at these small market caps, if not three. If you go to three fib extensions, Zephyr's at the
1 billion market cap area at $408. That would be very, very good. In general, like what is bullish
here is the for the relatively small market cap here. Zephyr's market cap here is like 35 million
or 40 million or something. Let me see. It's, it's very small. Yeah, 40 million. It's still got a
$1 million trading volume per day at a $40 million market cap. That's really quite good.
Like, you know, for reference, let me pull something up, something else up and see how
much difference there is. Yeah. So like Kajira has a $400 million market cap and it only has
$1.7 million of trading volume per day. So what does that imply to you? Proportionally,
Zephyr has maintained a very high trading volume relative to its total market cap,
which means that it's trading hands very quickly. People are selling, other people are buying,
and it's good. You want price discovery to happen with high velocity and you have that with Zephyr.
So yeah, if you compare like other coins at Zephyr's market cap, it has one of the best
sort of like volumes per day. So it's still pretty bullish for sure. That means a lot of
people are watching it and the dips will get picked up as time goes on.
Also these like this type of bleed where it bleeds like slowly over two months is really
bullish as well. But it's not bullish when you see like straight up straight down. And
this is not what this is at all. It has a really, really good classic chart.
What about its wallet? So hopefully people picked it up at the lows here.
And you know, these things can always go down a bit more. It's just, you know,
when you're playing at the bottom, remember, like you could see 50% dumps on coins like this,
no problem. But if you're already down like here, you're already down 80% from the top.
That's a pretty good retracement. That's damn good. So I bought higher than here,
I bought like 30% all the way down. So for me personally, so that's where I've been.
My average is probably 20% or something. So I'm a little bit under at the moment, but that's okay.
That's just how these are small caps. You're going to be red for a while. It's just normal.
In fact, let me see. I was going to see like if, so let's see, where is this rank right now?
In the market capitalist. It's 642 on market capitalist.
Another way to analyze these things, just go to coin that gecko.
Go to like that same market cap zone. Let's see if we can find this 642.
And let's just compare a few coins in that region and see where they are. It's kind of interesting.
Okay, I got to go a few pages on these things.
Hey Janet, just drop down and come back up.
She was like trying to talk over you.
She probably switched cell networks or something. It does that to you.
Let's see, I was just going to pull up some other coins in this range and see what kind of
performance they've been doing in terms of volume.
Okay, so here we go. We'll get her back up.
I don't know. There's some random ones here. I'm trying to find one that I actually recognize.
Janet, you back? I hear a lot of noise back there.
Janet, you want to hit the mute on your mic? It's quite noisy. I'm not sure what that is.
Let's see what other coins. So yeah, there's quite a bit of volume picking up in the alt
space. Like even some of the other coins in that region, like Frontier coin, I don't know what that
is. $40 million mark cap, $5 million trading volume a day. So it's already picking up.
What is Forda? No idea what that is. Let's see what that's doing.
Only $230,000, even though it's at a $40 million market cap. So yeah, it's
the first kind of sitting in the middle here a little bit. Let's look at what's
sentinel protocol, UPP. $40 million mark cap, $1.1 million trading volume. So yeah,
everything's picking up a bit, I think, in that region. So yeah, folks, I think like within the
month, people start getting impatient, and they're going to start gambling on their various alts and
everything will pump. That's a pretty good likelihood of that. What have you been doing
yourself, Lucky? Anything interesting? I picked up someone that dipped the last couple of days,
so those are looking pretty good. How low were you able to go?
I've been doing that ALPH one that I keep talking about. I got that right around $140,000,
so I made like a 30% ish return already on that, so that's nice.
Are you selling some of that, or are you just hodling that?
No, I have two wallets. I have one with a core position, and I'm going to wait for
large numbers, and then my other wallet, I kind of just play around with, so.
You might as well. Yeah, you can definitely. If you pick up a bottom, you can always sell
some just to... Because what you'll end up doing is you'll sell your last position,
which might make your cost base a little bit lower, and then you just take a tax loss or
something on it, and then you pick up the lower buttons. Yeah, it's like clicking buttons, and
then just like the lower positions arguably are the ones maybe you try to keep in theory.
Yeah, I had FET alarms going off on Tuesday, and I don't know what I was doing,
but I didn't pick it up, so now I just re-bought again. That's how I do.
FET, I don't know. It's one that's had its little AI run. Is it going to continue to be big? I'm not
sure. I don't know. I don't know. We'll see. You're just going to just hold and see what happens.
Yeah, yeah. I think that's fine. Yeah, I mean, what I've done is because,
I don't know. At this point, I'm trying not to hold too many bags, so I just said,
you know what? What's going to be my conviction thing for this season? And I felt like the three
biggest positions I sort of consolidated in for new things was Kijira, because I think that sort
of system has a potential to get to that 5 billion mark cap level. That's kind of a 10x
from here, and that's reasonable, and I'm comfortable holding. Kuji is a bag holder if it
goes down, so it's like the bag holder comfort level is what you really go by to some extent.
And to that one, I'm comfortable that if it goes down, it'll come back up again.
Zephyr, I'm liking just because it's like a core cult of type of people that would want this
sort of thing. Chainlink is the other big, you know, that's my really big bag now.
That's the like a blue chip, like I can sleep at night with a giant amount of money in it and
not worry about a type of bag. So that's kind of what I'm doing with that one now.
Yeah, I've narrowed down. I would say Alpha is my biggest holding.
And then really try. Trius is my next. Your biggest holding is a micro cap, huh?
Yeah, well, I mean, yeah, it's a hundred and 150 million now. That's my biggest holding though.
And then Trius, Adam, a little bit of fat. I'd say 150 mil is still definitely in that
micro cap range. Like, yeah, yeah. So have you figured out what the actual like
bullish cases for this alpha thing? Like, what's great about it is a layer one,
like what is it? Is it compatible with anything? Like, what does it do?
I couldn't figure it out by looking at it or just it was just popular. And so you're like,
screw it, run it. A little bit popular, but a little bit of how they built their L1,
especially around the way that it is security piece. Like, what's different?
It has. I'll find it again. I have to like go to it. So I always don't explain it wrong.
But they're out. They're also about to have their hackathon. So I think maybe some movement
after the hackathon that they'll do. It's got a fairly high FTV. Not that anybody cares in
a bull market, but like it's mark cap is 144 mil. It's FTV is 403 mil. We're like, what's like,
where's the rest of that money? It's like two thirds of the value of the valuation is just
hiding somewhere. Like, I don't know what where that where that is. And the circulating supply
is only Yeah, it's circulating supply is 68 million, whereas the total supply is 190.
And then there's a max supply of a billion. So I'm not sure. I guess it's proof of works or
something. Yeah, and the release cadence is pretty fairly long to get to the billion.
Maybe there's like a team token that's like that 190. No, or not the 190. The
Who knows? I'm not sure. Yeah, I don't know. I'm not looking for like,
cute, like massive. But I mean, I think five's doable into the 10 to 20. I mean,
I'm not looking for I'm not looking for like a 30 billion dollar.
You have some sort of exit price on that one, then?
Yeah, yeah, yeah, I have marks across the board.
Okay, here's like, okay, sell here. Move on.
Yeah, sell sell to get initial return and then hodl to see what happens. Okay. So that's fair enough.
Yeah, I'm not I'm not looking to carry it as far. Adam, I'm kind of super excited about I think
Adam has some good possibilities here coming in a little bit. What would this Adam worst thing or
No, I just I just I think just I think just just chart wiser. Yeah, just chart wise. And I think as
money starts flowing back in, I mean, because the BTC is net positive, if you've been following,
even though the GBDC has been selling, the BTC with ETF has been net positive over the past two
weeks. I don't know if you've been following those charts or not. Yeah, yeah, the ETF looks
fine. Yeah. People have people I guess the the the net inflows are looking good overall.
Yeah, the overall net inflow has been 20,000 BTC. So that's an outflow of 10,000 from the GBTC and
inflow of 11,000 for ETFs. So it's a net of 517 just from that activity and then just overall the
effect is in plus 20,000. So I don't think we've seen that by pressure. So that's what I think.
So that's my gut. But I don't know. Yeah, there's a tendency for people to buy in once they see
everything reverse. Yeah. And, you know, I'm not, you know, I think everyone gets that FOMO when
they see things start turning around and you see start, you know, you have several days of like,
oh, 10% gain, 10% gain, 10% gain. And people then start jumping in going, Oh, I better not miss this
train, right? Like, on the way down, people panic because they're like, Oh, I bought Zephyrid,
you know, 17. It went down to 10 or whatever. But on the way up, they'll do the same thing.
It's like, you know, let's say it goes back up to 20. As an example, the next thing you know,
like, Oh, my God, it's a reversal. I'm going to jump in now. And they could have had it at 10,
but they bought it at 20 instead, because they were too afraid to write it from 10 to five or
something. Right. So it's an interesting dynamic every time. I think all of us do that to some
extent, we look at that chart, and we're like, Oh, shit, now it looks now the chart looks bullish.
Right now, I have to go buy it. Like, it's just funny. Yeah, yeah. Yeah, I would agree. Yeah,
someone posted a chart, it was Doc posted a chart, and he's like, it's just a it's just
a trading pattern where, you know, if you have like a big dump, and then you have like a little,
you know, little chop at the bottom of it. So it's, you know, it looks really attractive
because a big drop looks like, for some reason, like easier to buy. So you get these like v shaped
recoveries. But then you have other times when it's like, you know, you have up and then chop
and then up and then chop, like, people, that's what we've been doing this whole year. And that's
feels harder to buy in some ways. So yeah, well, I'm kind of watching the totals. I mean,
I was a little nervous this week, because total three wasn't wasn't good.
They just recovered out of nowhere. So I don't I don't understand. Sometimes these markets.
Let's see total three, pull it up here. I mean, total three look like it was about to die.
And then just out of nowhere, it was just like, boom, big candle right back.
Yeah, I mean, it did kind of like, yeah, kind of rolled over. And,
you know, to be fair, like, with this type of dip, you could go side, you know, sideways for
months like this, though. Yeah, there's no, there's no telling how long you go sideways. So
on the other hand, it's the question is, like, are we getting a lot more attention in crypto
now than we were six months ago? And the answer, I think, is yes.
So because the first sort of pump out of the bear market gets the people that were in the
bear market excited. Right. You know, have you heard people at work talking about crypto
yet or not yet, or asking you for advice or shit like that?
Not yet, which makes me feel like we're still early, which is good.
Yeah, yeah, yeah. So it's like, you know, I think, like, now, we are far enough into it, I feel
like, with this initial sort of excitement, the ETF thing going well, I feel comfortable now and
finding myself more comfortable with that deal that I can tell friends or whatever to buy
something. You know, because friends don't like to watch their friends bags go down.
It's just not fun. You like to be the one that was like really smart, gave someone advice and
it went up. So there is a tendency for bill markets to happen all at once for this reason.
It's like this, it's like this, the forea just like runs the show.
Yeah, but yeah, total three, like it, it went back to its
sort of fib resistance. So it that I kind of drew some fibs on just to see approximately where that
would be and it and it kind of rode up three fibs off the bottom and then it came down below
at the second fib and then it kind of is trickling around there. So I don't know.
I mean, that's why I mean, we get it. We break above that 500 billion on total three.
I think we can have a nice little leg up and I think the halts are gonna especially boom,
which is good. I saw Google just approved. I think in this group, I'm in the article,
Google to permit crypto ad starting January 29. There you go. So I mean, you're starting to see
these little things like here and there to pop up. So I mean, it's starting to make sense.
Yeah, total two, which includes Ethereum, still has a ways to go to reach prior high. 747 billion is
where it is now. And the prior high was at one point seven trillion. So we've got a ways to go like
so the total two is lagging behind BTC as far as recovery back to prior high. So the alts just
generally have like more room to run. It looks like the Bitcoin. Yeah, just even to get to prior
high. That's what's nice about it. That's what I like about chain links chart in particular,
because prior house like 50 to $53 and we're only at $14. And while I'm not so sure about what
Adam will do, because like, you know, I'd like it to move and everything. But chain link series
of narratives are so much more obvious. The probability of hitting prior high is really,
really good. Like, you know, it's like, and that's, that's like a forex from here, right? Like,
so that's really a relatively sort of easy thing to hit for chain link compared to a lot of other,
a lot of other kind of like questionable brand names and stuff.
Yeah, I was looking at the channel. I had an alert go off, I think maybe was a couple days
ago. I don't know what I want. I don't know what I had on it, but I kind of like 1360 or
something I think. Yeah, it might have been right on I was looking maybe under that 1412 that dip.
Yeah, I think I had a dip underneath that candle to see what it would look like after
it's recovering nicely. Also,
yeah, I'm in a position where I sort of like, I throw all my money at crypto already. The thing
is like, if I want to get more cash out, I've got to go and like sell some stocks and things.
And if I do that, there's like tax consequences, and whatever. So it's like, I want to make that
really count if I want to do that. So what I'm thinking is, is like, if I do that, like,
maybe only I'm going to only do that if we get some sort of really gnarly dump for some reason,
just out of the blue. And hopefully, it's de correlated where like stock market doesn't dump,
and maybe crypto does, and I can just get it get it, you know, eight, you know, eight at that point.
But you know, like, but at the same time, like, had I actually just simply bought crypto instead
of stocks, I would have done better. Because even if you just like pick the simple blue chip,
like link it $78, you've already two extra money already. And the thing is, like,
crypto just moves so much faster than stocks. Sometimes you feel dumb for even being in stocks,
but whatever, it's just a different risk exposure. That's right. That's right.
Are you looking at anything else up here lately? Or no?
Not too much else. I think the guys were, you know, GJ and whatever were shilling me what's
going on with megaloo with the whale token. And that looks pretty interesting. It's a very low
market cap. And I might pick some up. It seems like it's like 17 million market cap.
And doesn't seem like a bad choice out there. What took what is it?
It's the white whale. Remember the old whale token from Tara? Oh, yeah. What happened to
what were they doing now? What they're doing now is they're doing cross chain like they're
on like seven different chains. They're doing cross chain ARBs, meaning like trying to balance
out prices of different coins and things. Yeah. So it seems like weren't they the one weren't
they the ones that like sent the like when they did the initial ICO, they sent like the money to
the wrong like group. It wasn't like a space around that, if I remember right. Oh, shit.
I don't know. Don't you remember like when they first opened, like someone made a mistake.
I swear, I remember that space. I have to go back and find it.
But yeah, the space where they're pitching about fucking something up. I don't remember what it was.
Yeah, yeah, I'm pretty sure it is. I'm pretty sure it's pretty true.
I see a white whale defy. Here you go. Yeah, I'm okay. No,
it's kind of funny. God, I haven't heard this name for a while. Yeah, it's kind of
small market cap. You know, again, like, you know, it's, it isn't going to get that much
attention. You know, the thesis for these micro caps is generally like in a bull market,
everything runs. And like every random thing catches a bid when like, the retail
FOMO kicks in. And that's the theory at least. And this these narratives are spun out of whole
cloth. Anyway, it's like if you just keep saying it over and over again, eventually it happens.
It's really funny. Yeah, if people start acting bullish, just people other people start acting
bullish, and it's everything goes to all hell. People get just crazy. Yeah, I'm trying. And
that's why this, this go around, I'm trying to just play a couple bags heavier versus kind of
spreading across more. I don't know, we'll see how it works out. I feel like last time I was just
throwing darts, still winning, but it just felt not as I don't know, seemed like it was a little
harder. I don't remember all the BNB rugs and all those ones. It's weird being, it's weird
being all already like fully allocated though, because like, I feel like there's no buttons
to push. And I'm just standing around waiting for something to happen. I know. That's why I need
to go through your back. I was like pushing shit every day. I was like, Oh, yeah, that,
oh, this. Right, exactly. Like, that's what's missing right now. It's just something to kind
of do. Although, you know, like, the urge to do all that shit has gone down considerably,
because I really, really can't be bothered with the goddamn tax paperwork. I mean, that's
really my biggest, like, if you look at like, cosmos, multi chain, whatever, right? It's fine
if you, you know, a little bit of change is floating around here and there. And you know,
you don't, you know, like, no one's going to notice in a tax perspective, because it's like,
just junk money. But as soon as you start playing with real big, you know, money and like
actual, you know, gains are happening, then it's like, Oh, wait, I but I made those gains
with 17 million transactions. And then you have to like post all that nonsense. And yeah, it's just
it's just silly. Yeah. So as the stakes get higher, you're worried about audits and things.
And you don't want to deal with that. So, you know, messing with too many little micro
DeFi protocols, especially shit that doesn't connect with plainly starts to become a problem.
Especially things like the chain, the like, the ability to sort of audit those things,
the tools for that have gotten much, much better. So you know, and then like, before,
like cosmos and terror, whatever, like unknown sort of type destinations, right? Whereas now it's like
the cosmos chains and stuff, it's like, auditing those is pretty easy at this point.
If someone wanted to check what you did, they could.
Yeah, that's true. I just pulled up my spreadsheet. Let's see. Nexus,
Astroport, anchor, stator, stator, stakes, spectrum, prism. I mean, those are all the
things I was messing around with. This was pushing buttons. Like I wasn't bored, you know,
just doing stuff. Now it's like, I just look at a chart.
I'm like, I saw my trading view subscription. I'm like, shit, why am I paying for this thing?
What am I going to look at? My trading view subscriptions pretty high. It's like,
I don't know, $300 or something a year.
Yeah, I have the highest tier too.
I should be like, I should dump that thing and like, I don't know, get some more like,
you know, some TV subscriptions or some shit. Of course, or something else.
Looks like some other people came up freaking asking what's going on.
Hey, hey, hey, yeah, I'm here. I was sitting here. Honestly, I was wondering, I was like,
how did I become a speaker? I didn't, I didn't just hop on here and start making a bunch of
noise. But, uh, no, I'm not up so much. Just good to hear you guys speak. I haven't,
you know, been around you buying some crypto junk. What are you doing?
I'm kind of just watching and waiting still. Um, yeah, I haven't really, nothing's really had me
like, uh, excited again. Like, you know, well, I guess it's been a, it's been a long time since
I've talked to y'all, but, um, yeah, I mean, I've just been watching, waiting, learning,
like still learning. Like I enjoy the learning more than anything. Uh,
and basically just listening to you guys tips and probably going to, uh, go from there.
But, um, yeah, just been, um, still trying to figure out mostly to just do a lot less
shit is what my, my personal situation is. I think I learned the biggest learn is when
I want to buy something, I split it in half. And then I say, I'll buy another half another
time. And I just keep kind of doing that over and over again. Because like before I was just
like buying it all, I'm like, okay, I'll just go all in and just buy. So I think the DCA
strategies definitely helped. Oh yeah. Oh yeah. I was about to say I, I have not been able to really
like get into my own little strategy, but I will say the, uh, like y'all were just talking
about the FOMO and all of that. I'm overall that like wanting to get into something because
it's like the next big thing. Like I definitely feel like that part that I was like, I think
when I met you guys, I was kind of like still in that where I'm just like, Oh, I don't want
to miss out and all that like on, on everything. And it kind of put me in a horrible position,
but at the same time, it was a great position. And now it's just kind of like,
I just sit back and listen to everybody. I rarely talk now. So yeah, this is rare for me to even
the markets really early now though. So if you're going to mess with anything now is the
kind of the, as things trickle out of the bear market, it's kind of the best times. Usually
the next few years should be pretty decent. Usually.
All right. And I will take that and I will probably keep watching now. I'm just playing,
but, um, yeah, it feels like the time is, uh, it feels like things have changed. Like from
just seeing everything, which I've just got done talking about. Yeah. It definitely has like, uh,
the bull market and all that. Like it's, it's, I don't want to say it's here, but
it takes the 90% of people who got wrecked. Um, it usually takes that group of people,
like a period of time to get over the PTSD, the depression over it. And like a couple
of years is right about right. And also it takes people time to sort of like build up a nest egg.
I mean, like, you know, if you were like really, really aggressive with your investing last season
and you got wrecked, then what happens is like, you know, you just don't have any money to spend.
So you have to kind of like build that up. I think it takes a couple of years for people
to build back up again. And they're like, Ooh, I want to gamble again.
So I think we're getting close to that time. Um, this coming year, I think this, this year,
I mean, I will say the one thing, uh, that I am trying to work on and that I'm trying to work
on still with like, you know, onboarding people, um, like, you know, people close to me and kind
of making a little side thing because I've noticed so many people don't still don't know. And so many
people are, you know, always worried about the scams and, you know, just kind of getting wrecked.
Like you, you know, said, so I've kind of been, I've been educating a few people trying to see
where, you know, I can fit in and possibly start charging some people, but that's been
essentially avoided. I don't know how much people got wrecked on necessarily scams. The vast majority
of people just got wrecked on straight price action. You know, like Ethan, Bitcoin, or whatever
would pull back like 70 to 80%. Yeah, my thing is more of, uh, just preparing people for what can
happen and what you should avoid essentially. Like that's what I'm still kind of like,
you know, like connecting to certain stuff. Like a lot of people still don't understand
crypto or blockchain tech. Like not none of that at all. Like, I mean, when I talk about it,
uh, I have to, you know, go through the whole spiel about all of the, uh, the DEXs and I'm
sorry, the sexes, the CX, uh, the exchanges crashing and whatnot. And it's just like,
I don't know. It's like, it excites me to start talking about it and getting back into it. But
then, uh, yeah, for the getting, you know, kind of just not making a, how you make your decisions,
I guess that's where I'm like, when I run into people and I'm talking about the different things,
everybody still kind of has that thinking they're going to hit a big type thing instead of the,
you know, the slow trickle. You got to kind of give it time. It's going to take time. All
of this takes time. I've been waiting two years this time around. Yeah, I definitely
can say this whole last year, I didn't mess with anything crypto. So when you're over talking
about taxes, I was like, Oh man. Oh, the year before though. Whoo. Uh, yeah, I don't, yeah,
that, that was a lot brutal. Yeah. So this past year, I was just like, uh, if I'm not
going to like make a commitment to anything, I wasn't really messing with anything like for
the whole year, but, uh, yeah, I'm going to take a little step back and keep listening to you
guys. It's good to hear y'all's voices though. Definitely. Yeah. Good seeing you again. All
right. Take care of you. What do you have to your jazz?
I mean, by the way, Jasm, it's like, it's like, or, or Jasm, but Jasm, you know, or Jasm.
Okay. Um, so I made an, I was going to, I, I, I, I, leading to a question, but I made an
interesting discovery today. So this might be like old news to anyone using, um, like fidelity or
anything else for like their 401k, but they actually have an option.
Fund options like your target retirement or your S and P 500 index or whatever,
you can actually transfer money into this brokerage link account and there's no taxable event
involved. Um, and your funds retain the same characterization that they went in with. So
for instance, if you contribute, you know, via Roth, they maintain their Roth status, but
you can buy stocks, ETFs, et cetera, et cetera. Um, as long as your company permits it,
it may be different. You're cutting out a little bit there, I think, or is it me? I'm not sure.
Might be me. Uh, anyway, can you hear me now? Yeah, we hear you. Okay. So you're saying like
within your brokerage, you have like different investment, uh, type of accounts that might, uh,
allow you to buy like Bitcoin. It's a self-directed IRA. So some companies allow you to send your 401k
over. So I've done that. Like if you ever leave, so what people need to think about is if you ever
leave a company, like, like I worked somewhere for, you know, X amount of years left. Uh,
and then when I moved that to like a TD Ameritrade, then you can go to a self-directed,
it still keeps all the characteristics of it. And then I took all that money and invested in like,
uh, a RE or, you know, like investments through houses. So all that money is being used to buy
houses now, but you can kind of do that, but you can't, some, some people allow it. Some
people don't like my current company doesn't, which sucks, but because I left my last one,
I was able to take my 401k, move it to somewhere that Dan does that. So some people
got to think about their company. Yeah, for sure. But again, like, you know,
it's going to be different company to company, but I, so I, you know, I'm able to keep those
401k funds, same, same characteristics, but invest in stocks whenever. So anyway,
long story short, I, uh, I picked up some Coinbase, um, on this dip. And so now basically
I have this money now, both, you know, current, um, nest egg that I have as well as future
contributions, which also have an associated company match that are,
I think, but Sethi and, or anyone else was just curious to see if y'all had any like,
um, stock shills. Again, this is money that's kind of locked into the TradFi stock ETF type
arena. I was just curious, like if there are any, any individual stocks y'all kind of like right now.
Um, well, uh, like is sort of a relative term. Like I tend to buy the stuff that's wrecked the most.
Not necessarily for like, what's going to grow the most, but what like, you know,
where the cell pressure has essentially been abated already. I can pull up my thing real quick
and like show you, I can mention a few that are, might be interesting. So what I'll do is I'll
pull up my portfolio and just tell you like, what's down at this point that I have that
hasn't pumped, sort of, so to speak already. Because you don't want to be jumping into like
tech stocks and shit that have already pumped that are going to, you know, God knows how far
down they're going to go to the netherworld after they don't want to be able to be in the S&P at
the top or whatever, you know, big players in the S&P at the top. Yeah. Yeah. So it's like,
so let me pull up a few things. Um, I'll give you a little bit of a hint here. Um,
so the stuff that I have down the absolute most, um, is stuff like in the electric slash lithium
auto stuff. So if I just pull up like what's in the deepest red, that's what it is. So like
one that might be interesting to you might be PLL, which is like the Piedmont lithium, whatever.
It's like a, you know, and it's like my position is down 61%. So that gives you an idea of like
how wrecked my position is compared to like where it is. So that might be worth looking at. Um,
another one, um, NIO, which is an electric car maker of China, which apparently is fairly,
has fairly good execution. The Chinese market, the stock market is kind of wrecked because like
their stock market just doing really shitty right now. So it's down about 35%. So that might be
something that might interest you. Um, what else here is interesting. There's one called SQM call.
It's like society kimaka de Chile or something. And, um, it's on fidelity. I'm down about 29%.
But what's interesting about this one is the dividend yield at this price is about 11%.
Um, so like, you know, the dividend I've made on this thing for this last year has almost balanced
out, like, you know, the downside of the stock, but it's down because like it rode up a bit on
lithium hype. And as sort of like the lithium hype settled down a little bit, their price went
down. But that's the whole point. Like you want to buy the stuff that's absolutely wrecked theory.
Was there some kind of macro meant that caused like this sector stocks to, uh, yeah, so what
happened? Yeah, absolutely. Yeah. That macro event is basically high interest rates. So
sales just took a nose dive. It's really okay. So, um, another one would be like one of the top
solar makers in the U S or solar installers is like end phase and pH. I'm down 23% on that one.
Um, what else? Um, let me see here. Um, who a decent one, I think at this price
is still ADM, which is Archer Daniels Midland. It's the agriculture, like, you know, between
ConAgra and ADM, they own like most of the land in America or whatever, uh, in terms of
agriculture land and all the ag stocks are down, but they have decent. Um, they typically have
half decent dividends. So my position is down about 15%. I don't have a lot of it. Um,
but it is like a 4% dividend yield here, which is not bad. So that's one you could easily add
on the way down. It's not going to zero or anything. Like it's a good,
it's a pretty easy one to just like pick up if the market takes a dip further. Um,
what else is interesting? Um, a lot of other stuff was way lower before when I bought these things.
And like, there's a pile of stuff I have that's down like maybe five to 10%. Um,
but like they're not nearly sort of, is that you kind of, uh, is that kind of
mutual train for stuff that's down the most that you own kind of thing?
Yeah. So this is if I just, I just took my portfolio and like listed an order of
percent down from the top of my total buy. Um, and what I do oftentimes is like,
I'll periodically look at this and if I'm like wanting to add something,
I'll add to things that are just completely wrecked. Um, because like, and then also look
at a couple of things. If I am getting something wrecked, like, you know,
there's some other considerations to keep in mind as well. Like if you're buying a wrecked thing,
it's also like, number one, are they positive cashflow? So if you have a P to E ratio on that
particular stock and it's in the green, it's positive. That means they actually make money.
If they don't have money, then that's a whole nother speculative thing, right?
So like the Piedmont lithium example, like they don't have a P to E ratio listed.
So you're theoretically hoping they make money at some point, in which case the stock really takes
off, right? Um, on the other hand, it's like, if you want to grab things that have like a positive
cashflow and you want to grab things that have some dividend and you want the stuff that like,
because the price of the stock is down low enough, your relative dividends are high.
So that's another criteria. So if I'm, if I have like five or six different items in here
and some of them are like dubious compared to the others, I'll pick the one with the highest
dividend relative to its share price at the moment. So a great, a good example would be like,
there's one called San Juan Basin Royalty Units, SJT. It's an energy thing with like oil, gas,
and whatever. And its yield right now is like 20% off of this like San Juan Basin trust thing.
So it's like, um, it's down. Um, its chart is basically, it's like mostly wrecked. So it's
really like down hard compared to the top and whatever it's P to E ratio is only three,
but it's got a 20% div yield. So like it, so the reason why the div yields high, you could argue
is because like there may be further downside for this thing, or maybe the dividends will be cut.
So like people have an exact escape from this. So anytime things div yields are really high,
you have to imagine like there could be reasons why it's that bad, or it's just the market is
priced it down and like it's oversold and like ready to, you know, it's ready to, you know,
to pick some up. So that's, that's one where I have like, I don't know too much about it.
So I have a relatively small position, but I realized like, you know, if I'm down,
like my position is down 30%, right? I'll make that like 20% back in one year. So it's like,
if it continues to pay out dividends or whatever. Um, and the last time I read about it, it looked
fine. So I didn't really mess with it, but you can see how, um, like how I think basically like
I'm picking stuff up when they're wrecked. And then in the things that are wrecked,
if I find something with a really low PDE ratio, then that's one criteria. Another criteria is
like, is it a company's likely to go zero if the answer is no, okay, that's a checkbox. And then
the number three is like, is it a company that, um, has a relatively high dividend comparatively,
and that will kind of balance me out a bit. That's my next thing. And that's pretty much
it. That's the magic. There's, you don't need to know too much else because there's only so
many stocks in the, in the stock world that are actually positive cashflow, right? Like,
like they actually make money and, um, and that, so like another one would be like Leggett and Platt.
What do they make? It's like the, the, it's called the, the ticker is L E G L E G and they
make furniture and shit, or they may have furniture companies. And so obviously they're down because
interest rates are high and you know, the assumption is that people won't buy furniture
or whatever, but at the current price, the dividend yield is 7.7% and my position is down
20%. So, um, it's, it's underperformed for me, but that's good for you. Cause you're hearing about it,
you know, after I've already gotten wrecked and your dividend yields like seven plus percent,
just decent. So, so that's kind of what, how it benefits like, since I'm already a dip buyer,
if my shit is gone, that means it's dipped even more after I already thought it did.
That's totally. And I, yeah, from following you along and up, I know your style. So that's
maybe, you know, I mean, obviously none of what you're saying is financial advice,
but just me thinking through it, maybe I'll just pick up a, you know,
a little bit of a basket of this stuff and wait till, wait a little bit till after rates,
rates get cut and stuff. The simple answer is yeah. The simple thing you can do is like,
always just get like, you're not sure what the hell any of this stuff is. Get like one share
and you only get one because then in your portfolio, you'll be able to see which ones
of those are dipping and you got to be like, okay, I had 10 possible things I picked up.
And of those, this one over here, I'm down 10% on my one share that I bought.
I'm going to put, I'm going to get two shares of that, right? So like,
you can scale in exponentially at that point because you have a lot of money left over.
Like, but if you buy all in at one time, then, you know, you, you won't have money left to sort
of like, find some dips and on fidelity, at least, if that's what you're on, the,
if you're in cash, you're in money market and money market yield right now is like 5%.
So your cash is pretty solid. Yeah. Or just, just five, you're gonna get a
one, one share or just like, just a, just a small starter position kind of thing.
And then, and then scale on. Exactly. So yeah.
Yeah. And then, you know, like, and right now I would say like the electric EV
slash lithium stuff is down. Ag is kind of down. And you might find some deals in commercial
real estate because everyone's worried about it getting wrecked. And then you might find deals
coming up in the next like few months in this mid-sized banks, because like the Fed is changing
its policy in terms of like their bank failures, round two, or bank failure fear, round two or whatever.
Yeah. Yeah. Another round of bank failure concept. And then you can kind of play the
fud there and find some stuff that dumps and like grab a little bit of those.
But again, like when you're, when you're going for like bank fud type things,
where things legitimately could go to zero, you know, go small. And if you pick up a bit of those
and they, they go to zero, whatever, who cares, but go really small and then scale in a little
bit. So that's what I did with like the last bank fud round. And I did really well. All my
bank shit was up like 40% after like since last year till now. And whatever dividends yields
they had were relatively high. Because again, when the stock price is completely wrecked,
your relative dividend might be like, some of those relative dividends, I bought them when they
were like eight to 10% dividend yield. So I'm also like, Hmm, do I really want to sell these?
Because I got them so cheap. They're just money printers at eight to 10%. Right. So
anyway, the other thing too, is like generally a generally good trick in stocks is energy.
Energy, you can basically like, you can basically DCA to the very bottom almost always
and have no problem. There's there's a there's almost certainly a floor value there pretty much
most of the time. Exactly. There's always a floor value. And you could you could scale
an exponentially to any of the like big oil stocks right now, the the oil refiners are actually
running a little bit, they just started to pump. So that might be one that like so I have some of
those. So the good thing about having a little bit of like, I just had created a stock portfolio
where I have like several hundred different whatever, you know, just shotgun the shit out of it,
basically, I shotgun the shit out of it. And the reason is because then I can see any given
moment, what's down and what isn't relative. Yeah, I can add works as kind of a watch list or whatever.
Exactly. It works as a watch list. It's perfect. And what you end up doing is you're
making yields off all that shit. So like periodically, you can deploy those into
something too. And so that creates like, as opposed to a mutual fund or something where
they reinvest everything, charge a fee, like instead, I'll just pay the dividend taxes,
which are not that bad, and I can just deploy them whenever I feel like it.
And the fidelity, you want to convert it to a margin account to usually because then you
don't like, you don't have the same settlement rules and stuff. It's easier to use. Not that
you have to use the margin necessarily, but you like right now, because I have a margin account,
if I see something really interesting, and I don't have any cash on hand,
I can usually easily take the margin from there, if I feel like it and just buy whatever I want.
So it can be it can be useful, but I don't tend to use margin very much at all.
I usually don't like the idea of paying interest to other people, I'd rather them pay me.
But that's kind of my tactic. So I tend to stay low risk as far as that. But anyway,
yeah, fidelity is pretty good. Their trading platform is good. Now you can get the Bitcoin
ETF stuff in there too. So like, yeah, I bought a bookmark of the BTC ETF as well. So that if it,
you know, if we get a dump or something, you know, I'll notice it and I'll like, oh, I'll
just add a little bit of that to this. And or it's like if stocks are up, but BTC is down,
that'll be like the perfect delta, or the perfect play because then you can still sell
the top over here by the bottom. So that'd be like, that's too easy almost. It's like,
so it probably, I won't probably get that opportunity, but
Yeah, because I mean, didn't the SMP industry suddenly made like an all time high, right?
I believe so. Yeah. Yeah.
Yep. Not all of the stuff I have, like, because the SMP has been heavily weighted towards like
tech and whatever. SMP is basically like, like 15 tech stocks that just run a whole bunch.
Yeah, like I didn't do as well as having if I were to just held like the top tech stocks,
I had a lot of stuff that like dumped I bought a lot of stuff with dividends. And I picked up
a lot of items that I felt like were sufficiently wrecked, but not necessarily going to be the
biggest runners. It was more of a capital preservation kind of thing. And, you know,
like, but now now the stock markets a little bit more mid market, like, I mean, when I bought,
it was like, not this last October, October before that up and through this last summer.
And, and things were really, really cheap back then. So now I don't feel super strongly about
recommending a lot of stocks to anybody. Like, like, there's not a lot of them. I'm like, oh,
yeah, for sure. Like, this is what you should get. Like, even even crypto stocks like Coinbase
and this and that ran pretty good already. Coinbase is interesting at the moment,
just because it did go to like 180. And then right now it's like 125. So I was like, yeah,
throw a little bit at it. And then, you know, maybe scale in if we see like 80 bucks again,
or something like that. But yeah, so but what you're but I guess what you're saying is like,
that list we talked through that would be kind of your short list in terms of
appealing stocks. I've got some I've got some others on there that I just kind of skipped
through that I wasn't, you know, that don't have like some of the, you know, dividend criteria and
things like that. But because here's the thing, like, if you're going to be a bag holder on something,
you should get paid to be a bag holder. So the thing is like, if you pick this up with a relative
higher dividend yields, at least like if you're down 10%, right, you know, a year or two from
now, you're maybe break even again, just on the yields. And if anything, like if you'd rather
long. So I think like that's the mentality to have with stocks is like, what am I comfortable
holding forever if I get stuck with this bag where I don't have to sell it high, or sell it low,
I'm sorry. So keeping keeping a bunch of small positions ton lots of different ones gives you
the volatility exposure or the the dip exposure that you need for future buys. So that like you
have a strategy so that as you move forward, you know, like how to pick up a few things here
and there. Main thing is like, if you go and grab yourself rec charts, as opposed to the ones that
pump, that's a really good general concept. Yeah. Because when everything runs, you know how it is,
like, everything runs. So when they start lowering interest rates, or do some shit, right?
Everything just kind of blows out. And so, you know, what do you care what you own at that
point, it's just everything goes up. But right now, I would say, like, if I was going to pick
something like what is the blue chip item today at this moment that I invested the absolute most in
that has like, I think, good balance between downside and upside. That's why I picked up
a bunch of chainlink. But you already know that. So yeah, like, you're worth like I bought more
chainlink than I bought, like, most of my stocks over the last year and a half. Like, that's a
lot. Trust me, if I can use this money towards chain, I'd probably just buy another, like, you
know, X amount of chainlink or whatever. Again, no, main reason I ask this is because it's not
Yeah, exactly. It's locked into the, you know, it's unless I want to pay 10% penalty on it,
for, you know, 401k withdrawal, whatever, which doesn't sound very good.
Yeah, so anyway, like, that's kind of the theory, like, I if I have to, if we get another different
link, what I'll do is I will, or if BTC drops, I don't think I'll buy the BTC ETF, what I'll do is
I will sell some of my stocks that are not my like, you know, high dividend, you know, conviction
bags or whatever. And I think what I'll do is I will, you know, I think what I'll do is like, just
cash that out, move, cash my bank account, move it, you know, exchange and go and get some.
Just like yeah, it's like 10 or 11 bucks link. Oh, man. That would be, yeah,
you have 10 would be a solid buy at this point. Yeah.
But who knows? I don't know. I mean, it's been consulting for so long. I could go either way.
Like, it wouldn't surprise me if we don't go below like 12 bucks again, until I don't know,
maybe, maybe ever, but at least until the next floor runs over or whatever. So well, I guess we'll
see if Bitcoin goes to 30k.
Yeah, BTC dumps to 30k, then you'll see it, you'll see, you'll definitely see everything. Yeah, yeah.
But at the same time, it's like, I don't know, I think we're in a habit, they have any years coming.
And there's no obvious, you know, black swan catalyst. So with ETFs already in the in the
wild, and people playing with them, inflows coming in, I think there's a pretty good chance that
dips will get bought up. And, and we've my guesstimation is that we're up into the right,
like for the rest of the year, unless a black swan, you know, takes everything down for a bit.
And you could definitely go up a lot more and then take a dump. So yeah, yeah, if we get it,
if we get a drop in length, that I'm ready. But like, I bought a lot at like, I don't know,
14 or something added to my bag, there was a seven. So my average is now 12 on link. So I'm
pretty comfortable there. Yeah, I think that's not a bad, not a bad place to be overall. But you know,
you know how this market is, it's like, Jesus, like, chainlink, especially, among many things has been
extraordinarily volatile. And the other thing about chainlink is, I think it's like heavily
leveraged traded. So it's like, yeah, it's like a part time getting out of its own way kind of thing
almost. Maybe what happens is, is like, you'll see a chart, it looks really, really good. It's like,
oh, shit, this is gonna break out for sure. Right. And then it dumps again, like chainlink is
really, really good at like, having like, decent looking chart setups. You can almost be sure if
the chart looks really good, you're basically not going up. Like the past two months, I'm pretty sure
people have been just gig along in like 1275 to 13. And then it runs up to 16. And then people
like gig a short it back down to 13. That's what's what it's been doing for like three months, it
feels like. So you know, I suspect, I suspect what will happen with link is it won't allow
people to sort of like get into easily. Yeah, what will happen is that like when it runs,
it's gonna run really fast. And then it'd be like, oh, shit, what just happened? And then the people
that want to like, you know, long some pretty chart pattern get screwed because like the run
happens instantaneously. Alright, so like, that's a possibility, you know, where and it's done that
before you get these impulsive moves out of nowhere. And the nice looking chart. I mean,
how many times like to be seen that with chainlink go back to his chart, you're like, oh, shit,
look, that looks like it was a pretty good spot. It was gonna run that BAM, it just like, the fact
last year, like last year around this time, right, like it was like, you know, you'd be like, oh,
it's it went to 20 went down to seven, it's back up to 16. Again, oh, yeah, here we go. It's gonna
break all time high. And it drums dumps to like five or something like, you know, dumps back
down to seven or eight. So yeah, it's like interesting how the leverage gets flushed
again and again and again. But the you since if when you know it happens, though, you're
prepared for it. And you know, you can put large bags and not panic. So, you know, if my if my
portfolio in link gets cut in half, you know, I'm not gonna even lose any sleep at night,
because I know it's gonna come right back up. Like if you're a newbie, watch that kind of
action. You know, people are gonna wreck and get wrecked. And like they're gonna sell the bottoms
and stuff. I'd actually be shocked if it ever goes below five bucks again, to be honest,
considering the floor we built there. So I think that's like five, you know, five is just way too
obvious. Yeah, bye. Yeah, I think that's worse, worse, worse case. That's the that's its base
value, pretty much. So I think right now, the thing is, like, the newbie has no idea what it does.
That's really the bottom line. Yeah, like, that's the it's like to get attention now,
like, who's buying chain link exactly? You know, and is there going to be like a gigantic,
you know, set of link marine YouTubers and stuff, they're going to show the shit out of it.
That I'm not sure of. Have you seen that? Like, there's a fair amount of YouTube stuff,
a lot of like, maybe I'm just not looking at the right place. But have you like, I mean,
you search YouTube, you don't see a lot of independent channels, we need to take talkers.
Is it more tick tock? I don't know. But we need them. Maybe.
Someone's got a show. Yeah. Come on. We need to just just just a tick tock that says quadrillions.
That's it. But exactly. Yeah, no, I mean, yeah, I don't I don't know about retail. Because I mean,
you share a lot about how right. Would you say I missed that?
Sorry, you were saying, well, based on some of the stuff you've shared, it seems like metric wise,
it doesn't seem like retail is really arrived yet, right?
I'm not really sure. Like, if you just use Google Trends, which is like searches on YouTube and
whatever. It's it's been pretty light so far. So I don't know. Like, if you just search for like,
look at chain link searches and things like that. It's not particularly. But the thing is that those
metrics usually go up after the price goes up, not before. You would think that's true.
People would search it and then go buy it. But what happens is prices the meme. So the new buyers
follow the impulse moves, not the other way around. Right. Yeah, that makes sense. Like,
once Bitcoin breaks, like 70k or something, those are probably going to spike pretty heavily.
You know, whenever that is. Oh, oh, yeah. Oh, yeah. Because you'll have a lot of leverage
players that like, play that Bitcoin breakout, and then it will, of course, run. And then like,
once it runs, everything runs and the hype machine goes crazy. So yeah, for sure.
Yeah, I think the ETF stuff is working out great, though. I think you have like over the next six
months, you have ongoing people buying in the ETF and your outflows from the ETF is probably
going to be minimal at this point, because a lot of people just buy stocks and forget about
them. They don't really care. And if you get a whole bunch of small buyers of the ETF stocks,
and they're putting in their retirement accounts or whatever, that's perfect, right? Because then,
so I think that the next year is going to do quite well. The people like flooding the ETF stuff is
just like doesn't make any sense at all. I think we're going to just find. Yeah, I see this is
just kind of a, it's just a classic sell the news type. And with the, you know, market was
getting overheated anyway, I really don't see us going and that's like 25k or whatever this
shit, you know, could it could we wait down to 30 or 35? Maybe the coin is prone to do that. But I
don't think we're doing that. So
Yeah, yeah, yeah, yeah, yeah, yeah, yeah.
Oh, we can hear you. Yeah.
It's kind of loud here. I had to hop in my car. I'm not sure if you guys can hear me okay or not.
I can hear you. I'm not sure about other fans.
Anyway, if you can't hear me, I will drop back. Let me drop and I'll get to come back later.
I've got to do a little drive here. I'll get you guys a bit.