Alright guys, let's get some let's get some retweets and sharing in groups going. I don't know what's going on
We got a slow start today. What is this only only 60 listeners starting out?
Yeah, let's get some let's get some more people in here guys help share this in groups retweet
Let your family know and let's get it going on
We'll let you let a little bit more music go get people up on stage. We'll go in like one minute here
Good morning pretty purple people GM GM
Started to kick this off gigabring stock crypto market like the
Yes, it's gonna we're talking trading today unless rock
Brings up the Bitcoin topic and overtakes the trading show again
That is that may have been a little bit of what happened last time we had a kind of trading
We didn't even get into trading if I remember right, I think maybe just a touch and then we went right into Bitcoin for like
30 minutes and then the rest of the show was just like sporadic all over the place, but it was it was still good
No, yeah, maybe this time we can do a little bit more trading. Oh
You know what actually sure coins. You haven't weren't you there?
Last time lab. Yeah, probably I
Think you were there man, and we didn't even talk trading but a good times
Yeah, so like always we want to introduce everyone but before we do that I do want to
Nothing on this space constitutes financial tax or any other professional advice
You should do your own research and you should not rely in any way on anything discussed in this space
All right, rock should uh
Should we go and start introducing everyone?
Yeah, let's do it. And yeah, keep retweeting guys. Let's share this with everyone. Let your communities know
Sounds good sounds good. So I want everyone to introduce themselves. Let's take 30 seconds to do that and then
Producer Darren thought it would be awesome to go ahead and see
If you are a trader or a hodler right up front and
I do want to thank polygon for being here today with us
And all the great work that the quickswap team does to make these things happen
So much love to everyone there and everyone on this panel
hanging out on Friday with us all the cool meme coins and and
Okay Wells in the audience we got a lot I can see a ton of
Familiar faces here. So great to be here with you guys. Let's go ahead and start introducing everyone
I just go from left to right on my screen. No particular order. Let's go more diverse
Nice to have you back on the show
Quick ones. So Marta is definitely a trader. So I'm super excited for this talk
Panelists and a lot of guests coming
I was encouraging people to even start asking questions already because I probably be handy to know what people want
You know when it comes to trading but guys yeah trading is in my vein
Following you. I know you post setups and like trading setups and
Talk about various different coins. So very awesome to have you here on the show. Can't wait to pick your brain, of course
Good times, but let's go ahead and pass the mic on over to Seth
For your trader or a hodler GM GM, I definitely would comment up more of a hodler if those are the only two options
I'm a hodler, but I think maybe it's a little more nuanced than that. And I'm sure we'll get into that
But but yeah broadly speaking hodler
Cool and show yourself bro
Helio stuff. All right. Don't mind if I do. My name is Seth
I also go by the handle mind your biz I've been publishing crypto oriented media starting with proof-of-work file media or proof-of-work
For going on seven years and under the handle mind your biz run the website mind your dot biz and but most importantly these days
I run the advisory and and
Blocks media group. It's very small boutique
We we operated a very interesting and unique space in crypto marketing and in in fundraising and matchmaking
And that's why I absolutely love it
Runs that or when I get to hang out with the LDA team on the all roads you to polygon space with book swap
It doesn't matter what the old days were like you always miss them, right?
You miss the good old days. It's like even when they were even when they were like not flawless and you know
You were there's little areas that are like whatever
Could be optimized you love it and I love the people here. So thank you for my me back
I'm a hodler because I believe that these things women cycles and I believe they all have their own natural rhythms
I think that we have plenty of historical data to bear that out
So it's not that I am opposed to taking profits at strategic times. It's that my time frames are just longer
I try to be a longer-term thinker in term of investment. So yes hodler here and yeah, thank you for the show
Yeah, it's like rock. Yeah. Good morning Seth and great to have you here bro, and I agree
It's always it's always a good time hanging out with you
Now let's go ahead and pass the mic on over to shit coin Shannon
Hey, what's up? What's up? Thanks for having me on guys. I'd say I'm definitely a trader first
I do I mean really I guess you could call me a Bitcoin
Maximalist I really only care about stacking Bitcoin long-term
Monero would be a sec a close second for that for me, but um
But yeah, I mean day-to-day. I'm trading and trying to you know, roll those profits into longer-term holes holes pretty much
And as for shilling myself, yeah, I mean I'm I'm a trader I try to I try to
Shit post on the timeline keep it entertaining
We've also got an ordinals project that I'm a founder of
Which is basically trip all around trading. It's all all focused around
trading education and stuff that people people hold the
Hold the ordinals they get access to myself and a few other traders who are just we're in there
Do given sort of one-on-one education or just spoon fed calls, whatever people want pretty much. But yeah
All the above sounds exciting man, especially ordinals project very
Seems like I keep seeing all these different ordinal type spaces
I know there's like the dogecoin or yeah doge ordinals and there's the Bitcoin ordinals and
You know everyone's talking about inscriptions and all this. It's a really hot topic
But uh, yeah trader as well. So great to have you here so we can pick your brain
Let's go ahead and pass the mic on over to MC squared Phi
Hey guys great to be here I'm Chris
Francisco finance, they're building a digital asset portfolio that makes it easily share able
including the social tokens and
To start with in the next weeks actually just relaunched our website today
In the next week's we will launch trading competitions where you can compete with others for on-chain verified
strategies and show off your true alpha
Personally, I'm definitely a hodler of Bitcoin and a trader of altcoins
Yeah, and excited though you just said you just read it your your site is that correct
Yes, we launched it today
Just new and brand new and we still do some small improvements throughout the weekend
But it's always exciting when finally projects get get them launched to the public
Cool definitely throw that in the jumbotron above if you have a post. I forgot to to tell everyone
Quicksaw actually posted today. There's an airdrop coming you can find out more information by looking at the jumbotron above and
Also, I'm getting pinged by our producer Darian. So it looks like there's a
They're they're NFT balls so that you know, they they're sitting on Pepe. It's kind of like a mint balls, bro
You know, it looks like you can join the telegram share a screenshot
that you're listening in the spaces and
You'll potentially be able to win a ball
Just just so everyone knows we're not a sponsored show, but we definitely don't stop any great teams polygon teams
From doing a giveaway to the all roads lead to polygon audience. So
But let's go yeah, let's go giveaways more giveaways
Give it all away. I love to give with you get a car you get a ball
When you said give it all away, I don't know it reminded me of like a chili pepper song. I don't know which one but
There's the thing there's one out there anyways
There we go, there we go. Someone knows
Yeah, okay. Yeah, love me some chili peppers man ADHD brain, bro
Alright, let's back to Mike
All right, let's back to Mike
All right going left to right the the panel's moving around here on the screen for me but
We cannot go wrong with Michael. What's up, brother?
What's up, man? I was also saying give it away. Give it away. Give it away now, but that wasn't I would didn't want to interrupt
Lovely people. Thank you very much. Having a back rock
Aztec everyone else I wasn't here for two weeks or so quite busy traveling a bit
Usually you introduce me with a VP of engineering that breeder
But I left that breeder because I will tell you exactly because I am a trader. I have started my own business
Which is quite exciting. So yeah, I might I might be excited talking about it now
It's called auto trading dot VIP. You can check it out on my profile in any case
I learned a lot of stuff at that breeder. Well, you know having massive amount of access to data or
access to massive amount of data
Let's say like that and I learned that some signals actually produce good trade setups
and I started automating them wrote some software to automatically buy and sell and
It works so well that now I'm super excited to to educate people on these things. So yeah, I could go there
It's an educational thing where you can learn how to use automatic trading and also you have access to some strategies
So that's me shilling. Okay, other than that
Obviously, I am I'm an engineer as you can hear because I've developed trading strategies
Not everyone does that just like that. So I'm a trader simply because
Because I I think mathematically I can prove that you can make more you have more purchasing power over time
But I'm also quite in the camp of stacking more sense over time
so I roll back into Bitcoin and I roll back out and then basically that's it and
During the bear markets keeping my fun safe on on on hardware wallets, right? Keep that in mind as well
So yeah, that's me. I love to share more of that later on during the during the space. Thanks for having me again
Let's go. Is that three people who said they trade I think that's three. Let's see shaman
Mark Charles and Michael said maybe Seth said there are they hodl Bitcoin and they trade alt coins
Or that they even specifically a couple of you have said you trade alt coins to get more sats. I
Like that. Let's come to a rough. Yeah, we got a little we got a little
Little clip that's the name of the game, man. That's the name of the game increase the Bitcoin
Here we got a little clip clip real quick
On the stage hey, don't give away your sats don't give away your sats
Best of guests red hot chili peppers live
Yeah, we're we think get our account deleted good times
All right, let's go to pass the mic on over I I miss when we used to be able to when we used to play
I used to play a few songs every morning and then we started hearing about other accounts getting like banned for it
So now we only play non copyright music, which definitely limits what we're able to play
But that's all right. I think we could throw in a little 10-second clip. Hopefully
We don't get all of our accounts everybody here everybody in the audience. You're all bad
All right. Yeah, we'll be fine
Let's go ahead and pass the mic on over to polto our friendly neighbor
Mean coin on polygon. Hey, how's it going?
We're a new mean coin and polygon. We're yeah with a little twist here. We're bringing in some
Mean coin utilities to kind of help build out the ecosystem here
You know, we come from a multitude of different chains the team does and you know
We see the opportunity on polygon
So we launched a couple weeks ago and now we're slowly starting to release our tools here to you know
Help build this ecosystem for the new investors to come on a polygon first time but also stay on polygon
So, you know, we just came out with a cross chain swap
And then we got five more utilities coming in the next two weeks that you can follow our Twitter and see about
We're also doing a giveaway here
I'll post it right here on our page for five five users that they like and retweet our tweet and show that they were on the
Thing on the spaces they could win a hundred dollars worth of paldo supply
There we go. Yeah opportunity on polygon. I like to I like to hear that
That's what I've been I've been seeing for almost five years now. So
Yeah, yeah, and now I think the airdrop season is it's just kicking off as well
So good times. Yeah, thank you polo
Are you a trader? I'm a trader man. Well, that's why that's why we we created this coin
You know trade trading the shit coins is a you know, my day job
So, you know also obviously part of projects and everything that but I can't get away from the trade
And so that's kind of actually why we created this coin and kind of what our thing is called paldo tools
Is the tools so that you know people are used to from other chains?
You know whether it's wallets trending all these different things
This network so that you know the average Joe
Trade a shitcoin trader has the ability to to do what they got to do
Good times good time fellow DJ in the house. All right, let's go ahead and pass the mic on over to Kulo
Again my ADHD brain going here, but there's there's a reggaeton song
Something tremendous. I don't know if you guys heard of that. But are you guys a
Trader or a hodler and tell us about yourself even though we just I think we had you on last week
But it's always great to have you back
Hello team, are you there a if Kulo's rugged really fast
Let me let me let me just really say a couple words because I saw the Kulo team
Word on the street is they can be spied in the streets of Miami right now
The iPad giveaway that they conducted for their community. So they are so they're doing that in plain sight. Oh
Yeah, so when they when they commit to doing a giveaway a community oriented giveaway
They that's how strong they felt about it. They actually wanted that person open there smack that Kulo, baby. Let's go
Man I love Google bro. How am I able to find like the lyrics of a song you're referencing?
I didn't even know what you were referencing man. Yeah
The modern internet boys and girls
Yeah, that's that's my brain every like every day man, it's just like it's bidding a million different things that
But good times probably that's probably why I like stutter sometimes and like kind of like slur it's it's it's I promise
I'm not drunk. It's just ADHD
Let's go ahead and pass the mic on over to
Hey, how's it going? Everyone Cody here?
Shout out to everyone in the space of the shout out to the speakers shout out to Darren as well for organizing this
I would say on an individual level
Other in a mean point degenerate
And also compounding into LPs to get that uh, you know BTC at the end of the day
So mutual among the speakers
Outside of that from a protocol standpoint
I'd say more trading because we are the leading decentralized forex protocol on aetherium polygon and arbitrum
we currently support 11 different fiat back stablecoins all paired with USDC and
Yeah, that's pretty much it. Thanks for having me
Good times great to have you. Is this your first time on the show?
Awesome. Well, welcome. Yeah, so
We have one more person to introduce here
But so you guys know anyone new to the show once we jump into the questions
The questions are for everyone and you don't have to raise your hand you just jump in whatever you see fit
But let's go ahead and pass the mic on over to Taylor Harris
What's up, everyone? Um, yeah, I'm Taylor. I I guess to answer the first question. I'm more of a
Hoddler as much as I'd want to be a trader. I you know, just respect the hustle bit and everything
I'd say I'm more of a holler just because based on experience
So I'm happy to be here today just so that I can learn more
I just learn more about trading from a lot of you guys
But I'm here speaking on behalf of DAP OS
So that was is an intent centric operating protocol and I think you know speaking on behalf of that was for more
We're so much for trading because there's a lot of integrations and collaborations that we've done to where we help the users
You know get into trading by for example, like with our quick swap integration, right? So I definitely pro
Trading a Depos as for myself a holler. So happy to be here
Can you explain to people what?
Depos does a little bit more and and what intent centric
Yeah, for sure. Um, so basis I kind of like to look at it as this way
So we're not like we're not a Dex in ourself, right? So I'm not here to say like, oh, you know, hop on that bus
But basically what we are is, you know
We're a protocol that's been able to integrate and collaborate with some great, you know dapps
And what we do is we want to we we go about this by intent centric
Which is giving the users the like the wanted end goal, right? It's like the desire to end goal
So basically making that experience less complicated and we've been able to integrate for example a quick swap, right?
So we know that quick swap is built around the polygon network
Or I'll hear today, you know
Hence the title all the roads lead to polygon
But basically through this integration the users are able to access a variety of chains using that was unified account
So for example, if you go into that bus and that boy or quick swap part by that bus
Whether you're polygon user or from you know, but that's smart chain
You're able to access all of those and want so it's kind of like
broadening the options for a new user and kind of so it's more of like a user experience, right?
so we're trying to get new users by opening up, you know more options and
We do love polygon polygons our friend, but maybe you know some new users. They're not used to it
So opening that up giving more options is kind of what we're going for
We can go ahead and probably just jump into the questions now
again, remember we have the disclaimer at the top of this space and
You know, I'm actually gonna go with a non scripted question here
it's just you know, I heard everyone on the panel talking about trading and
Taking profits bringing them back into
Bitcoin you know more sats, but do you think this might ever change? Do you think that we might?
ever hear people saying you know, cuz like traditionally people are saying to bring their profits back into Bitcoin or
Staples that's what I hear most of the time
But do you think in the future for some reason and what would that reason be?
That traders might start bringing those profits back into something like Monero or potentially aetherium
Anyone could take this question our polygon
I'll jump in just real quick minded. I have a simple answer is just I have
I've always kind of had my my blue chips that are my main kind of hodles
2015 that was just Bitcoin
And I and I thought you know because a lot of my maxi friends, you know would tell me that everything else is a scam
So I thought you know ether was a scam. I I didn't participate in the ICO
I got I finally then like in 2016 said, okay, maybe maybe I should look at this
I think I first got eat later than a lot of my friends, but you know still early like $13
2017 my top three was Bitcoin ETH and Litecoin
Litecoin fell out for me and it became Bitcoin ETH and Matic
And that pretty much yeah, that still stands today. Those are my blue chips. There's there's really I
Can't think of anything else that I would if I were to take profit like
I mean, obviously, you know, I'm a co-founder of quick swap and I do buy
you know quite a bit of quick with my own money just because I
You know, I love quick and I can't talk about the price of that obviously, so I'll stop there. But yeah, I
Think it goes back to what you're saying though at all. It's all individual strategy, you know
So at the end of the day, it's kind of like what do you think is going to you know be the future?
You know or what's created that, you know, you just want to take part in so it all comes down to individual level, I guess I
Everything is a trade. It's a trade off right? It's a trade off
So we you know, you make a trade off between you know, US dollars and Bitcoin. That's nice
But when you know for some reason there is a better trade
Whenever that might be right, so don't marry Bitcoin either now
It looks great. But what if right in 10 years 20 years God knows you find something even better
Some alien rock or something by the way rock yeah
Which is even more seldom than Bitcoin then fine then trade it for that, but I don't tell them brush
Yeah, exactly. But you know what I mean like so now Bitcoin seems to be a great
You know asset to be in because it's finite and so on but it's it's always a trade-off, right?
So don't marry Bitcoin either. Just stay open-minded, right? So so now it makes sense. Everyone talks about the same thing
And it kind of seems to be good
But also a theorem is quite interesting as a you know
As an asset to go into and not only because it gets an ETF might maybe this year and it people will have the narrative
Floating around them but also because it is deflationary it gives you yield right which Bitcoin doesn't
And actually Bitcoin is inflationary still. Okay until you know mining is done
So, you know, it depends on the on on the trade-off and because we never really know exactly for sure hundred percent
We spread our funds across multiple assets that we believe in right?
So you need to do a bit of research understand the assets because you're not gonna
Ape in with a lot of money into something you don't understand but you can a pin with a little money into shit coins
That's fine. That's casino, right? But so for me, it's a trade-off, right? So and definitely dollars or euros are our shit coins
Right, so I'd rather try and love to trade them for cryptos that make more sense for me monetarily
Funny that in reality like dollars are I mean compared to everything on the market
Like I said Bitcoin Ethan matic as blue chips
What I mean by that is not I mean, there's actually lots of things. I would probably consider blue chips, right?
Like even doge I consider a blue chip. There's plenty of things
I I would even consider like points still a blue chip. Maybe Adam from cosmos Monero
There's there's a bunch of optimism arbitrum chain link
There's a bunch of blue chips
But when I when I said blue chips earlier
I'm talking about these are the things that I know that I could trust these things that I would say to my
Mother or father like yeah, you can buy that and just put it away and don't worry about it
It's it's a long term hole, but isn't it funny how?
I think and I will take a moment to talk a little trash and poke people here a little bit but during the bull runs
Everyone is like, you know putting their money in everything and like, you know
Everybody considers a lot more stuff kind of blue chips or safe long-term holds or all this and and then you know
I'm always like well guys don't forget just hold a little bit of Bitcoin because I have a lot of friends that are
Very smart in the space that hold, you know, no Bitcoin or they're like just going all in on a bunch of altcoins
And then I'm like, okay hold some Bitcoin and now that Bitcoin has been holding for you know
So well throughout the bear market has done so well lately
You got a lot more people on stage here talking about, you know Bitcoin is the thing you should hold is very interesting to me
People you know, you know, I was talking to my dad the other day as well
It's kind of like, you know, people don't really look at Bitcoin is kind of like
I mean you could look at it as the intro to get involved with crypto currencies, but it's kind of like
That's the end of the day currency that you would actually use as a currency
Everything else is kind of more of I don't know just an access token, right?
You use a theorem because it houses, you know, how many protocols across multiple blockchains, right?
And so I think that hundreds of thousands right exactly polygon it has like six months ago
So I'm sure it's a lot more now had has fifty seven thousand applications just on its POS chain
And now it'll have hundreds or thousands of chains that can multiply by that number right now
I think it's you know, what ten or twenty chains
and then you've got you know arbitrary optimism which have their hundreds or thousands of
Chains on top of the theorem. So yeah theorems gotta have I mean if I had to guess
For five hundred thousand between itself one and all itself two. Yeah. Sorry. I had to jump in there. Yeah, no, no, you're good
And I think that I think absolutely right. I
Think it's always real quick with
Yeah, go ahead bro, you already started well, actually let me just shout out that Narb is on the panel
I just want to want to say we'll try to
Real quick just real quick
What's up, everyone a long time. We'll speak glad to be here. Thanks for inviting me on
For those who don't know I am Narb and I when I jumped on I heard a lot of people
Talking about trading and a lot of you may see that my name is Narb trading on here
And I actually don't I've never really talked about this
But the reason my name is Narb trading is because originally I was a trader in the forex market
so I started and I still do trade in the forex market, but just not as much as I used to because anybody that works in
crypto full-time knows that crypto is basically a
24-7 job and you really don't have time for a lot of other activities
So I still do trade the forex market now, but more of a long-term or swing trader
But I really got started in the forex market in 2018 2019
Even before I got like all into crypto
So I started to get into crypto during the 2018 2019 bear market after I bought the top of Bitcoin in
2017 and I started trading forex during that time as well
So I actually like originally was a forex trader before anything else and that's why my name is Narb trading
But then of course, you know, I started looking to crypto
I got more involved in it and I sort of fell in love with the tech fell in love with the community fell in love
with the entire vision of what crypto is and then basically I started to work in crypto full-time and put the forex thing a
Little bit more to the side
So I guess now my what I do with my profits from forex is I actually trade forex and move my profits into
The crypto market which you know Bitcoin some altcoins as well, obviously, you know, matic pull I put a lot of my
Shit coins to get Bitcoin
Yeah, so so for me though, like I trade the forex market
But I don't trade the crypto market because I just don't like how the how altcoins move
They move too quickly for me like for me
I don't know if anybody's familiar with forex, but I trade mainly euro ux USD
Which is you know to currency pairs matched together and it moves it doesn't move nearly as crazy as
Crypto does and that's sort of how I like it crypto is very volatile
And I just don't like the way that it that it moves doesn't feel as structure feels more random to me
So that's why I prefer forex
If you come from forex, don't you use a massive amount of leverage?
Actually trade using prop firms
For anybody who's not familiar with prop firms, basically, so basically you have to pass these evaluations
So you pay a fee up front. Let's say you're gonna buy
Purchase a evaluation for a $100,000 of capital you have these certain rules that you have to follow
Yes, there is a lot of leverage in the forex market
But basically when I'm you have to pass these
Evaluations to start with to begin to trade with these
With the capital of these prop firms and it's like, you know
I can only risk this amount of percent per day like you they're obviously very protective of their capital
This the way that I do it is I have you know
Many of these prop firms and I trade for many of these prop firms and that way I'm not risking my own capital
So I'm not a big I'm not risking my you know
I'm not going full-on leverage with my own capital. That's what I'm trying to say
Very nice. NARB. It's always great to have you here and you know, you're a polygon OG
I want to pick your brain a little bit more, but I know
MC squared phi was going to jump in before I I just I don't like people to sit on the stage for too long without
Introducing them so I had to introduce you but let's let's go ahead and MC squared phi
Do you want to come back off something that was said previously?
What I wanted to say is typically I look at the reference token like in a traditional finance with fiat currency
It's dollars or a lot of the market moves according to how the dollar is moving and in the crypto space
This is just Bitcoin like all the the markets movement and all the yield that is coming basically out of the crypto space like
Until now it definitely is like probably 95 99% it comes out of
Actually, we see dollars going into the space and then protocols giving it out this yield
And so for sure the reference is always Bitcoin so that that's kind of the thing that is valuable
What do you need to do to break out of it as a token?
You need to create your own ecosystem that has a different source of yield
That is as strong as the main currency that you're referencing with and currently
And I think the usability of the whole crypto space that the simplicity of using it is still like so
Horrible and so bad that there is no mark of mass market
and that means all the reference that you have is Bitcoin and that's why
my strategy is like holding Bitcoin and trading everything else because like
To break out the whole market still needs to become a much simpler easier
And then you have a chance of a token breaking out of Bitcoin
So so my question to you then
Based off what you said. So initially, you know, I'm asking here
Do you think that that could change, you know, would you see someone or
not not even the majority but just more a larger percentage of people start taking profits into something like Monero or
Let me ask you this then MC squared based on what you're saying. Like do you let's say a theory?
Gets an ETF. It starts getting some institutional traction
Starts becoming a little less ball volatile, you know lot much larger market cap
Do you think that people would?
Gravitate more towards taking profits into the theorem or is there a hole in that theory?
I think it's nice from a trading point of view where you say great if you can be traded with more traditional finance
but what market really moves is when you start to access the mass market and
The whole crypto space still is not there
Like one thing that I always say is as long as a user has to care what blockchain you are on
It will not be mass market ready only when you can use any protocol you like
But you don't need to care about blockchains anymore. We will be starting to get ready
And so I think that that it's a big star
It's a big cornerstone that the crypto space becomes much easier tradable in traditional finance instruments
It gives us access to much more great capital, but it's the extension of the capital
We already got to build things and we are still not there to build for mass market users
And only when this is happening when the first protocols
Understand how to really do that
I think we will start see tokens breaking out and if these are protocols built on a theorem then a theorem will break out
But as long as kind of it's it's just out of investment money to build a future
We will always be referenced on what is Bitcoin?
If I if I may I see because I'm actually apologies for jumping in and out
I keep losing the feed. I didn't hear every everyone speak, but
It's plastic just to answer the question I suppose to the point it's possible
But i'm 100 with what mc was just saying
There we're far away from it
But my belief is and that's pretty much why I trade so much
diversification outside of crypto
And within crypto across different assets, not just Bitcoin Ethereum and shoot don't shoot me here
But I do think if you don't have a bag of xrp
You are not gonna make it
Um and someone here was actually talking about not trading crypto
I understand that it's not for everyone, but I believe that in this time and day it's the biggest blessing
To be able to extract from a market that moves so fast
It's not going to be here forever
Has a window that's going to close
And I know we are talking about edfs and
Adoption and all that but I think with that we are going to definitely lose not only the
volatility, but also the amount of
Assets we can right now currently trade and it's it's just this
Opportunity and that's probably why I also love doing it right now
Knowing that I am extremely lucky to be able to have this
Right in front of me and extract from the market
Um, no, like I said, it's not for everyone and you know, if you're happy trading this
Either higher time frames or forex that moves slower suits you
Like I said earlier when I was introducing myself, it's in my blood
It's in my veins. It's something that makes me like really, you know
Feel alive and also understand that I have this opportunity to take that money
Put it in different assets. And what what you know blue chips everyone has their own favorite picks
Uh, I personally feel like big coin at adherium
And like I said xrp would be my choice
Uh, laugh all you want, but I really do feel um
I think in general, you know, the wealth spread should be not just within one class but
Either you know, you're using the money that you have a mast here. Like I said the the
Trillions available at our fingertips right now when it comes to trading
Uh, it's it's a blessing and to be able to obviously I don't know. I don't have trillions. Yes
God knows when but what i'm saying is that you have that chance to take that money and then you can
Make your life whatever you want it to be. This is my dream. Anyway guys like, you know, um
Real estate or I don't know just
Luxury goods that can be down the line. Um, also, you know my my my added to my portfolio
Yeah, you have that you can front run, uh big money, which is
Very seldom if at all that you could do that ever like in any asset
You can tell me if you know any assets I fully agree with you
So if anyone doesn't get it, right you can be in this cryptos
Which will which big money will get into way later after you are already there and have a position
And they will pump your bags if you hold on to them long enough, or you know, if you know what you're doing
So this is crazy opportunity, which I agree will not come again
Anytime soon. How much do we still have time five ten years or less?
Yeah, maybe less than definitely ten ten is max at this point. Um
It's not for everyone but I personally feel like it's just honestly
I feel blessed. I feel seriously i'm like
I came to crypto quite late, but I still feel I came in at the point where
I still have this, you know, I didn't come too late that kind of way
Yeah, people get mad at you
Don't worry because people get mad at me when I say it like earlier. I came a bit late to ethereum at 13
And later on you may feel like you're late now, but in five years
People will be you know, pissed off at you for saying you came late
I love that up also because this is so when we talk about like trading versus hodling too
I think you look you just completely laid out the the entire purpose for trying to get into projects early and
Be that fundamental hodler that fundamental investor who does hodl and looks for fundamentally strong projects
Ethereum at $13 is only relevant because ethereum is relevant today, right? So
There are plenty of networks that launched and ethereum classic, right?
Unfortunately suffered during that same time frame. Yes, you would have been fine
Hitting your wagon to ethereum classic star your portfolio would have been okay at that same time frame
But not quite as strong as as a as having ethereum right not ethereum classic even though it's the original chain, right?
So again, you have to you have to be careful between
fundamental value of the fundamental value because of utility and then also
What the market is actively choosing because the market doesn't always choose what's best
The market chooses what it chooses, right?
And it has all kinds of reasons and that confluence of factors between the cultural like hey
Why does the market want this versus fundamentally this one over here is is better and stands a real shot, right?
It overtaking maybe some other tech down the line and we've seen in small ways how that that's that's been the case
How there there are there have been room for additional entrance into the smart contracting space
It isn't just a theriums game, but it's also like it's now borne out that there's no such thing as an ethereum killer either, right?
So we don't even hear that that anymore
But I wanted to just throw that out there that but when you mentioned getting exposure to a theorem at $13
Again, that that is the play and just adding to what Marta is saying and Michael with those time frames. I agree
I agree about very much that that in those time frames
We're gonna see most of the infrastructure necessary and I'm not talking about D pin projects
I'm talking about just the the core baseline
Blockchain rails that we're gonna use to send smart contracts and tokens tokenized assets on top of a lot of that
Including in the game by space and the other areas where we're innovating still the the room for innovation in in the layer ones
And just in the blockchain
The finality of writing all these transactions to a blockchain a lot of that story is gonna be told in that time
And I think that's why that that window is closing because everything else would be sort of subtle optimizations
It won't be the large gross movements that lay that the true foundation of what blockchain will be
It's just like okay now we're now we're like changing road signs and stuff
But the roads the highways and all that we've already decided where they're gonna go right the rails
We already decided which mountain where to blast that, you know
A giant hole in the side of to get this these rails going through it. That's the blockchain that will be done
I think largely speaking and then after that point with some of the optimizations in AI and
And some of the other elements that just that move really fast and are self-healing like different types of encryption
That will we won't even be able to tell the difference that the tech will be so far beyond us
Most people to just to to do fundamental analysis and figure out does this make sense that that yeah
We'll also have that problem right but deepfakes mass decryption because of quantum computing all these other disruptive black swan
Possible threats those also lie at the end of that five to ten year window, I think so so it'll be interesting
I agree with Marta get the bag now on on
Like on early investment in my opinion early investment not advice
But but my take is I want I just want to get to good projects early and then I want to take profits
carefully, right and respectfully to those projects, so I don't disrupt them but
But but yeah, I love that you brought that up. That's that is a way to get massive alpha
Man, I have to add something and then we have to go to DFX because I think you had your hands up and so on
But it so they have please let me add something. It's perfect
So when you said you got a theorem for whatever price super low price, that's relevant because now it's higher
But if you tell come here and say hey, I bought some shit coin at one dollar
But now it's at zero point zero zero zero zero zero zero one
Nobody brags about that like nobody comes on stage here and says who I bought it at $1
I'm so cool because now it's worthless, right
Which is bringing me back to the question at the beginning why I am a trader and not marrying any asset
Because what if there is a sell signal even on ethereum it can go to zero not now
But you know any asset that you get into use your super bullish on and yes ethereum turned out great
But what if you you you come here and say hey?
What about all the other investments that went to zero almost zero?
Nobody brags about those because you didn't have a sell signal you didn't know when to get out
So keep in mind that yes, you can brag about the ones that made it
But what about the ones that didn't make it could you have gotten out earlier instead of hodling them?
Because you were super bullish on right
What about getting having a strategy to just get out there and put it in something better, right?
It's a trade-off between you know, which acid is better at certain point in time. So just because we talk about trading today, right?
That's super important information. I believe for like keep in mind. Okay, don't marry any investment whichever investment it is
Because it might otherwise go down. So yes great job with ethereum, but take care and not stay in an investment forever
Yeah, do you fix them? I'm a bit Bitcoin and ETH and matic
Maybe maybe those maybe like these a lot pretty much most almost everything I buy I stand for I'm totally
Opposite of a trader. I just only buy things
I actually really like or believe in and then I just sit on like I've done I don't think I've ever sold an
NFT if I buy an NFT, it's cuz I like the community and I feel like selling it would be kind of betraying that community
So I just buy things and I hodl forever and I get I get bit in the ass for that by the way
so, you know, maybe it's not for everyone but
Our way to watch your portfolio go whatever whichever direction the markets going obviously
You if you ever commit that that's literally what Michael is talking about. I think when marrying your bags
Let me let me offer one last quick. I'm very married to all of my bags
And another thing just to drop this in there another thing is is that you know, there are many
Trader like perspectives here. So for that we're not for the audience to know, you know, and there's so many different ways to
That you could handle, you know, your own bags and stuff. But uh
Yeah, right right up to you said let's pass the mic on over to DFX because I know we he had as much his hand up a
I didn't even look for hands because you said to just jump off of mute. So yeah
That that when you're talking about holding something like that also and you know the the whole versus trade
I think a valuable exercise for anybody is just to is to run
Just pay attention to the the value of your asset not in USD
But relative to some of the other like you were saying blue chips rock
Yeah, if you if you are a fan of matic if you're a fan of ETH if you're a fan of Bitcoin
Then make sure you're always at least checking right with your with your views on your portfolio
Or on trading you whatever always make sure that you're you're comparing it against the price action of Bitcoin because it is a it does merit
It doesn't beg the question if you've been holding for a number of years
How do these other assets do what I've done better dollar-cost averaging?
Because in some cases in many cases for most new investors and most new traders
It just is it's just better to DC a hodl and don't try to be clever
Just just make sure you don't lose money. Anyway, I want to talk about it. Thank you again for the time
That's a really good point
Yeah, thanks for let me jump back on here on this
I wanted to touch on like kind of multiple topics kind of like what MC was saying with the ease of access between multiple blockchains
I think you know you have multiple different types of either traders holders or just speculators in general
What I admire deeply about the NFT market is anything like with your stock indexes
The last 30 years the best way was just to hold an ETF of some of the main
Indices instead of trading single
Yep, we can hear both of you. Okay. Gotcha. Gotcha. I just didn't want to talk over
But yeah one thing I wanted to say about especially the NFT market and kind of going towards ease of access towards education as well
Is they went from taking art and then go slowly moving to adding the price to it adding the educational piece to it
Whether it became staking an NFT earning this token governing a protocol, etc
I think Solana did something good was actually bringing NFT
Adapting a community before they had actually started to get more of the tech side of it involved, right? They made it simplistic
Right another thing I wanted to add was with you know
When people intro or coming to the market when I came in and like early 2017 was no if someone told me Dogecoin was gonna go
To 40 cents or whatever it went up to I would have said you're crazy
Right and the time for people like, you know
Either Elon Musk saying hey
You know by Doge or companies coming out like Walmart and saying or partnering with Walden chain
Whatever the case is that really doesn't have the same effect anymore. So the strategy has changed but also when the average
I know just you know in the United States the average American, you know
Whether it be male female that's a everyday nine-to-five worker trying to get involved doesn't want to understand the complexities
And what they will do from what I have saw is they will speculate on the perception of a bigger cap
With whatever market cap because they're not looking at the market cap. They're looking at okay
I can buy I don't know a million bonk for 50 bucks
That sounds like a great deal. And if it hits a dollar I'm gonna be rich and it's like, yeah
No, you know what I'm saying? Because I think that there is an educational gap within there
And I think that that's could be the main focus is user interface
Being able to educate people and onboarding them before we speculate on anything, right?
But the best way is to have them speculate on something to look at how to get involved because you're looking at the incentive
Of what could be and so it's like a multifaceted issue that is
It's hard to net together, right?
And I think that's what's great about you know
Whether you're on any blockchain as long as you're participating like everyone on the panel everyone in the crowd
Everyone that's here is trying to learn more. We're trying to understand what will happen, right?
And when will everyone else see this happening, right?
So whether or not you want to look at price look at the actual underlying tech that is being built
You're looking at the Microsoft. You're looking at in videos. You're looking at Intel's, right?
Just because they're not named the same doesn't mean they're not there. So pay attention to what blockchain can really solve
Throughout you know the real world and you will find something that is either quote-unquote jam or whatever the case is
Yeah, well there let me let me switch it up Michael, were you gonna were you gonna say something?
Let me let me throw this question to you then Michael
Because I just want to switch it up a bit
So how important is technical analysis versus?
fundamental analysis in your decision-making process and how do you find a balance between the two I
Just just to kind of let everyone know you know the technical side of it
You know, that's the TA that's the the lines and the patterns and that fundamental analysis is is a kind of what?
Should coin shaman was talking about, you know looking deeper into the technology and and you know, how they're
How they're progressing and in things like that. So
Michael take it away. Let me know what you think there. Yeah
The question is great because I think everyone has a lot to say to this the thing is that there is there are two worlds
Right to this because there are people
That that's where the technical analysis and just looking at the chart is good enough. You don't need to do anything else because
The chart is the truth, right?
You cannot hide what you're doing in the chart if you're buying the price goes up you're selling price goes down
You see exactly what people are doing whereas they go online and talk in the news
About how bad Bitcoin is and it's for scammers and in the background. They're planning an ETF, right?
So you like so news is bad. Okay, I can tell you that already chart is truth
But then fundamental analysis of the of the project that you're buying. I mean it can help
Obviously, but there are really two types of people some people swear that they look at the fundamentals and that's it
They don't care about the chart
They they hold longer right and they become like real advocates and they love the project that they stay in and while that has an
emotional effect an aspect of it
I I don't like emotions when it comes to making money. It's not working
It's usually producing losses and whoever is a trader here might know what I'm talking about. So if you wanna
So if you wanna like if you really like a project fine, like nobody will say don't buy it, right?
But if you want to make sure that you're doing it with a strategy and you have some plan
Then definitely I'm more on the on the chart side because the chart like I say is the truth and the chart patterns
Even if it looks like you know, you're looking into a magic ball
It's not that because it's like the chart patterns show you emotions of people, right?
And you can kind of see how how people are what the sentiment is in the chart if you know how to read it
It's like a book basically
But combining it with the fundamentals of let's say a theorem being deflationary so on it helps
To stick around during the downturn, right price goes down you feel negative
But then you remember wait a minute if your room is great why I don't sell it now
It's you look I remember the fundamentals are awesome. So let's stay in so it gives you more confidence to actually stick around
So I think the combination is good
But still I believe that everyone will choose one or the other side more
So I choose the chart right and I take the fundamentals as like, you know emotional, you know
That's kind of funny man. I that's an interesting way to look at it. I
Don't know if I disagree. I would say like you tell me you know me actually pretty well Michael and actually, you know
You mentioned about Bitcoin inflation and e deflation stuff
I know we had a call like the night before last for like an hour and we talked about that briefly
But so, you know me I think relatively well when I say that I buy something I believe in and I
Really do kind of trade with my heart now
I don't know that I would say I'm trading with emotions or I'm buying things out of emotion
But with my when I say my heart I'm saying kind of my heart my brain
This is what I believe in right
I believe it like all of my best trades really were things I believed in they were not things where I was like
Oh, I think X token, you know, I don't really like what they're doing
But I'm gonna buy it anyways cuz like I see everybody else is buying it. It's probably a good trade
I don't I never ever buy shit like that. Never I buy stuff because I I go
Okay, this has is a cool tech. I believe in I believe in, you know the community
I believe in the messaging of the leadership. I believe in if it has leadership
And I and I really follow my heart. I think I would say is that
Does that conflict with what you're saying am I stupid I mean
Because he was because he was kind of referring to I said so I think you're not
Like honestly every every project would love to have investors like you okay that actually like come with this with this
Belief and heart and like sticking around and never selling and stuff. Obviously, right? I'm just saying that
If you marry an asset and that's fine
you can do that but don't do it with all your assets because
What if they all go down you forget to sell because you love all of them. It doesn't make sense. So I
But maybe we have a different situation you you have this and that amount of money on your account
You might never have to work again blah blah
So it really depends on on what kind of person you are around here
And then you can you know, you can make different kind of decisions
And I don't know how much money you invest in these projects that you love fall in love with you invest like the 1% of
Your portfolio or 50% you see what I mean? I mean there was come all of them combined. I mean, I'm all in crypto
But like we have to ask ourselves here guys
What are we considering trading because at the end of the day, you know
When you buy something because it's cheap and you believe in it and then you sell it tomorrow because the price went up you have
Already, you know you you've traded this was a trade. What does that make you a trader?
so if there are I think layers to this here and
when you were talking about fundamentals and
trading based on fundamentals, that's a different type of trading then trading a with leverage or
We are, you know looking at fundamental as our technical analysis
Obviously, like I said, there are different types of traders and different types of trading. So I think there is also that distinguish
Distinguish difference we have to think about but 100% what Michael would I definitely resonate there with the feelings and stuff with when
People decide on it. I want to invest in this and that because of the fundamentals a
Trader like me personally, I rarely look at fundamental fundamentals what I care about is technical analysis
I don't even need to know the name of the asset
all I have is in front of me on that chart and all I care about is that it is a
Sufficient has sufficient liquidity for me to take the money
From that asset and I mean it for just for that. I don't care what it is
How much you love it constantly get hate for?
Especially, you know when something is trading it's trending at the time and I come out with my personal view on this
You know technical analysis and you get backlash, you know, why are you saying this is gonna go down?
I actually you can look back on you can do a research or search on cast where I did
The next level where would make sense for me to ever come back into it with a good are and people were getting
heart by it and there's many many
Projects like that and people getting in with their feelings based on fundamentals believe in it believing in it, you know
Heart and head in it and and you know taking out their emotions on a trader
I sincerely with love do not care
The project when I trade when I buy and hold and I have projects I buy and hold
But the fundamental question for me was who am I I consider myself a trader
I have projects. I will invest in and hold and like you rock there are an NFTs and
Projects I bought and never sold
Because I believe in them or I love them or whatever and it's like, you know, yeah, they're staying there
I don't care whatever happens to them. But at the end of the day, I'm here to make money and
I'm not going to make money if I have sentimental value for you know, everything that I buy I never sell
I'm a trader and I just back to you know
Fundamentals versus technical to me on the technical when it comes to trading
Yeah, Marta. I think that
When people hear you talk, you know, some people you're gonna trigger some people
Because not everyone is a traitor, you know, you're you're explaining that you have no motion and you're going about this like a traitor
Which is great, you know if you're a traitor
And I also like how you said, you know
Fundamentally, you know, you're a traitor. I think that's so important, you know, just to kind of maybe throw a little education here
It's so important to hear when someone knows what they are, you know
because I think a lot of people turn this space for a million different reasons and they they
No one told them they should probably figure out what they are. You got people trying to be traitors, but they're not traitors
You know, they're probably you know
Maybe because of their, you know proficiency and understanding they they would better just be a
Hodler at the beginning or maybe they can learn to be a traitor later
But right now they're better suited to be us
You know just a long-term investor or short-term, you know something along those lines. So really understand
I love what you said Marta because you you know who you are
I also love, you know rocks because he's been saying this for a year. So I'm bringing him up
But he knows he's a he's a hodler and I and so for everyone in the audience
I think it's really important and the reason why we started at the beginning of this this episode, you know
What are you traitor a hodler? That's really oversimplifying it because there's a million different types of traders
There's a bunch of different types of hodlers, you know, you could be a for trading you could be a high-frequency trader
You could be a scalper. You could be a swing trader, etc. Etc. Etc. Same thing with
You know investing and being like a hodler. There's all kinds of different
Categories, but what I like about what many people are saying here's a you know, I call so he knows he's traitor
but I also think Mako kind of
Swings into a couple different categories, you know, because he's picked up these proficiencies and he feels comfortable in these different categories
But yeah, I like I just want to I want to get a little second here for the audience for everyone
You know in our peer again, you know, he also
you know, he knows what he likes he likes the 4x and I think that's so important to
Figure out one of the first questions you should ask yourself is what what am I what am I best suited for?
Like can I control my emotions these kind of things? I do want to pass the mic to NARB though
You know with like 4x and all this
You know the last question I asked for everyone here at the panel was, you know, how do you balance between?
fundamental analysis and technical analysis
So I'm wondering because I don't know whole I I can read charts
jumped into 4x though, specifically
Are you doing a lot of fundamental analysis there? What's your take? You know, how do you balance yourself between the technical and the
Yeah, for me, it's a little bit of both because like I said, I trade euro USD
So a lot of the times I'm watching the DXY which is the dollar index
So I'm basically paying attention to what the dollar is doing compared to what the euro is doing
But intraday meaning like if I am doing a shorter time frame, I'm doing a lot more technical analysis
So I would say fundamentally
I'm looking at more of the you know, the higher time frame the long-term vision of where things are heading
But when I'm actually getting into a trade if I'm doing more of a short-term trade
I'm looking at the technicals and I have my own little very simple strategy that
You know works decently well for me at least at this time the markets are always evolving
So sometimes I have to change things up
But like I said, I don't trade nearly as much as I used to anyway
And my main strategy is you know, taking what profits that I make from forex and then putting it into the crypto market
You know, I wonder because this keeps coming up in my mind when we were talking who
Here for the traders, are you trading spot? Are you trading leverage? Are you trading high leverage on the forex on the crypto?
Yeah, what are you guys? What's your guys's?
Take I'll jump in real quick because I will have to get off free soon
I did say I would be able to only stay for the first hour
Even though this is my favorite topic guys
I would like to stay for the whole space is at least once
Leverage and it can be high leverage and I see this a lot of the time where
People will be you know, looking at the trade it'll say if I take and the leverage is high
Have been really working, you know very very hard over the years to get to where I am at right now
First anyway, just let's start from the fact that I do think it leverages the best thing that has ever happened to trading
But it's not for everybody 100% and we did have the disclaimer at the start but I
Leverage will depend on my risk and on the stop loss
Usually I try and now have bigger stop losses than 3% and that will mean I'm risking about
30% of the trade for my loss going in at 10x
evaluated based on the setup timeline
Obviously market conditions because we need to take that into consideration
So, yeah, I love I love trading with leverage and I love sculpting even though the best and
This is actually financial advice guys if you ever want to trade look at how to hire time frames
This is where the best money is made and this is nearly
I wouldn't say 100% win rate but higher chance of you actually getting in on the right time
Then writing the trend and selling with profit rather than guessing at a small time frame and jumping in at a one minute
time frame with 100x and thinking you're going to become a millionaire within one trade or
So that's me. And if I jump off without saying goodbye, I apologize, but I'm gonna stay here
And let's definitely listen to the rest of you guys
And if you ever have any questions because I feel like I am myself I think shit coin shaman
Potentially Michael we are
Adrenaline trading people I'm more than you know, happy to answer
I have free discord where I hang out with my community and I love, you know
Getting into those conversations with everyone and that's why I love these
Let's actually have to talk we have to talk the I will DM you please accept my DMS
And we should definitely share some knowledge
Love being here. It's great. Always having you here Marta. I got rugged there at the end of knobs
Explanation so I didn't get to follow up but but no worries
Should go into Shannon you got your hand up brother. Yeah
Yeah, yeah, I I'm pretty much right there with Marta. I mean I I love leverage
Trading with leverage not necessarily because it's high risk. It's I feel like it's kind of miss
Misconstrued that way a lot of people see the you know
The number a hundred X hundred fifty X for your leverage and think it means you're you're being a total maniac
But in reality leverage is designed to keep your risk
Low where you're able to represent, you know a significant portion of your portfolio with far less
Capital on the centralized exchange. So right there you're eliminating some counterparty risk
Just by not having to put as much stuff on a third party exchange, right?
and then it's just a matter of
You're able to it cuts both ways. So there is risk but
You you are able to control your risk with your stop losses and whatever so you can have
Some super high leverage position, but your stop is tight
So the actual risk is you know one or two percent of your account, but your potential upside if you're right
is amplified so it's it's um
my preferred method of trading
But just like Marta said, I mean you have to
Every every time frame matters right you can use the one-minute chart to sort of help with your timing
But you have to have you have to start zoomed out have the context to look at that within
You have to be able to have a greater idea of like a sense of where you think things are going and then you can
Zoom in on the on the lower time frames and be like, okay
So if I think it if I think we're gonna do this over the next week or two
How do I want to position myself and then you can look at the lower time frames for like your signals? I mean like
Just this morning. I took like a quick a really quick short on Bitcoin
Live on my spaces and it was like instantly in profit. It was great
And then as in you know, I was looking for a bigger move
but as soon as I started to see on lower time frames some
Some reversal signals. I just I flipped long like right away
And it's and it's you just have to be able to adjust on the fly a bit and not get married to your
Positions as people keep saying, you know, I like I like that you said that you you start on the higher time frames and then
You you sometimes zoom into the smaller time frames for like the signal or you know
Confluence or whatever you're looking for
It helps in terms of timing right because you could look at like the four-hour chart or the daily chart and you have a great
Idea and you can be right
But it could take a week or two to play out
so like you might want to zoom zoom in a little bit and have that context in mind so that you're not just like
Sitting in an open position for a week for no reason, you know pro tips come in
You know, we haven't talked to Taylor
Or if I if I could just ask Taylor this real quick Taylor, are you there bro?
You got a question for for any of the giga brain traders here
I know like you you're saying hey, I might I might be sitting here kind of learning and I'm wondering
You know, you've heard a lot of different things. I feel like you'd be a great person to just ask a question about trading
Has piqued your interest during the conversation or just in general
Maybe we can know it for everyone
For sure, you know, I'm kind of sitting in a beautiful place because I'm almost like that new kid in school
Who's able to just join the lunch table? I'm not a very much experienced trader myself
So I'm happy to be here and listen to what you guys are saying
I guess to bring it back to the fundamental versus technical analysis as a new user
I myself I haven't been in the industry for a long time so I could see myself as a new user
I would more so go into it from like the technical analysis because I could open up YouTube
I could you know, I could watch you I can learn about candlesticks
I can learn how to read the charts and you know
Whatever I have I can put into it just based off what I learned, but I do understand in a way that
Fundamentals are important and like everything you do like if you don't have the fundamentals
Maybe I mean the technical side of it, you know being able to read the charts making those quick decisions
Obviously, it's worked for a lot of people
But I think the question I have is like where does the balance come because I guess Marta was very much pro-technical analysis
But as a new user, I do understand not just in this industry both everything you learn
It is important to know and understand the fundamentals. So I guess the big question I have is like
Where is the balance between the two and can you have that balance or do you have to be so much pro pro one or the other?
It's that's a good question
I'll jump on someone else if they you guys feel like piggybacking like I think
Initially this kind of goes back to one things we were talking about earlier where you have to figure out what you are initially
You know, if you understand you're a trader you're probably you're not
Considering as as much like the fundamentals of whatever you're trading if you're an
Investor in my opinion, especially like a long-term investor
Something that hasn't really been brought up is macro and
and the two that have been brought up is
fundamental and technical analysis, so if I'm an investor I'm looking at a long
I'm looking at a chart from a
Higher time frame than looking into the technicals or sorry the the fundamentals and then I'm also looking at macro
kind of look at the wild cards and
But see that that wouldn't necessarily you wouldn't need that as much if you were just like a short-term trader
For me to answer that I think you got to understand you got to pick what you want to do with who you want to be
Michael yeah to add a lot of stuff to this
First of all leverage for me and I want to be exactly on the other side of of this which has been said between Marta
And she can shout I I avoid leverage because that can get your portfolio destroyed
So I you know, like if I think if you really know what you're doing and I'm talking about
You have five years of experience
With the charts then fine. Yeah, you take leverage, you know what you're doing
But if you are not experienced and you use leverage and basically that's what you read on Twitter on YouTube
Hey, I lost all my money because I use leverage. Yeah. Okay, of course, that's the whole that's the whole point of
You know of tricking you into into taking these risks while not understanding how big the risk is
so I don't take any leverage as I said in the beginning I have automated my
My strategies for not all coins, but but for for Bitcoin if you're a
matic avalanche in Solana and
And basically, I mean you can tell me whatever you want by holding and hodling and all these things
But I've made 15 X on Bitcoin while Bitcoin only made 200% since I started trading buying and holding Bitcoin would have given you
200 I made 15 X I'm just saying like so the numbers the numbers are the numbers so you cannot like dispute the numbers
So so when I say trading, I mean like longer term swings, right?
They can take months to play out. But if the trend breaks, I'm out
I don't care that Bitcoin is the best asset on the planet
I don't want to have 75% drawdown in the bear market if you like that cool
But I don't like it and so so you have to like Aztec said you have to figure out who you are
You know, can you do you care that you have 75% less?
Purchasing power in the real world or do you do you don't like right if you don't like it
You need to get out somehow you need some signal to to to liquidate or to sell into whatever into dollars
Because for a short amount of time it can be a year dollars might be better than Bitcoin, right?
It's always a trade-off of which asset is more stable in a certain amount of time
And it's not like Bitcoin is always better and dollars is always bad. You know, that's kind of black and white
Not very smart thinking, you know, so if your goal is to be able to buy more Teslas
And you know in the real world then you should get out of the asset before it goes down 70% and then buy back in
When there is a good trend emerging, you know, so that's why
You know, I'm on the trader side, but I don't do leverage that's for me
That's I would totally advise against it again if you don't have a lot of experience
With the charts michael also
Even uh, so this this is just something I heard. I don't come from a i'm a great trader
Studied for so long, but I do not come from a traditional, uh background
But what I hear from a lot of professional traders wall street guys is that they use like max 3x leverage, you know
and and I think what's um
You know the crypto markets, uh, there is like, you know 50 to 100x
Um, but I don't know is it you know, can anyone confirm that? Um, you know, is there
Uh, a lot of professional traders, you know wall street guys are only using very small amounts of leverage
That's even what I do. I mean i'll the thing is is like there's so leverage there's
There's a lot of misunderstanding about what what it all means like if you're on isolated
100x 150x leverage that's kind of insanity like you have very little wiggle room to be wrong before you get liquidated
But like i'll do the max leverage, but i'm on cross
So it's so my actual leverage leverage is based on the sizing relative to my account. So like
I'll it'll say when I share my pnl
My pnl screenshot. It looks you know, it says 150x leverage, but i'm really only at effectively
Two to three x leverage based on the sizing so it's like it's a little bit
It it seems riskier than it is. But yeah, I mean
You you really shouldn't be risking more than a couple percent of your of your whole account
On a single idea so where you get stopped out. So like the leverage the leverage the math of it is um
Pretty simple, but it can be hard to understand hard to understand at first and it's just like
widely misunderstood and also kind of glorified
On on like the timeline to be this degenerate thing to do when in reality
That's that that's how you're going to get wrecked. You can use it to mitigate
Uh risk that's that's really what it's designed for
To keep risk low people kind of use it backwards and crank it all crank it up and do like their their full
Full account at 50x 100x leverage and then they're surprised they get it liquidated. You literally have
Like, you know less than a percent
Of wiggle room against you. I mean like good luck if that's if that's what you're trying to do, you know, that's just straight gambling
Yeah, but you know why it's actually glorified is because and people have to really understand this. This is quite important
Exchanges they make money on two different ways like major
Revenue streams, right one of them is trading fees, right? And so the more you trade
The more trading fees they can collect, right? So if you trade on a
Half an hour chart or a five minute chart, you will make a lot of trades and they will they love that
They love you because you give them a lot of money, right?
Now they will emphasize you to trade more and so they give you trading bots
They have on the platform
So that you have like the dca board not the dca board
But the grid board which buys more often sells more often. Perfect. They love it, right?
That's why you have the grid bot and leverage is the same thing that they make money by borrowing you money on an hourly basis
They will then charge you the fee of borrowing you whatever leverage you took
Right, and then they will liquidate you if you obviously, you know, the price goes against you
So exchanges they have a lot of money to invest in marketing and in
Influencers to show you how to trade often and with leverage. That's their game, right? So if you fall for that
Well, good luck for you. Okay, I advise against it. So go on higher time frames like martha said and take care
Don't lose don't use any leverage if you don't understand how the leverage actually works in the background
What really happens there and how does it, you know affect your portfolio?
Unless you understand that don't use it basically
Good point and again, uh, yeah, piggyback off what you're saying. Michael figure out who you are
You know, are you trader? What type of trader investor? What type of investor? Yeah, and if you want to go trading
You know, maybe maybe you paper trade first maybe
You do a ton of research or take a
You know people say take uh courses and stuff
I think you can find most for free on the internet, but yep, you can streamline things by taking courses
But yeah, definitely become educated. I think this is all uh smart
Uh, michael, but um, we we have some
New giga brains on the panel. So I just want to introduce everyone really quickly maybe
Uh, ask a different question to switch things up after we introduce so alex. Are you a trader or a hodler?
I do what the market tells me. I I don't trade specifically i'm not here to uh
Uh, well traders typically run shorter term, right? So i'm a long-term investor
Uh, but i'm not a hodler because I don't have like faith or worship in any particular coin or stock or anything like that
Right. I don't do any of that. Um
Because that's stupid face doesn't belong in your wallet. That doesn't it doesn't go there. Babe. They keep trying to put it together
But it doesn't belong there, right? So, uh, what I do is follow news
And I follow fundamentals, uh, which is very different than following price action and things like that
I could usually give a shit about price actions
Um, what I because price action is really basically saying what does everyone else think about this, uh, particular price, which is great
Uh when I think something different because great money comes from doing the opposite of the market
So when you find a great play
Where what you know is different from what everyone else knows
That's where you actually can do something great when you do something
Uh, like trying to follow the market, which is what i'm pretty sure about 99.9 percent of x does
Um, all you can do is average
That's the best you can do
Uh, and that's not great. So, um, i've done lots of spaces on this
I have a finance space that I do every week on thursdays and we did one recently about how dollar cost averaging is a terrible
Long-term, um investment strategy. There's a bunch of different strategies, right? But uh people only know what people
Can you can you uh double click on that?
So why do you uh, I don't know if there's maybe a short
What version of of why you say dcaing dollar cost averaging is not good. I will tell you
Very briefly. It's really just that the price that you buy at matters
It matters, right? That's that's the half of the equation of whether or not you're making a profit or not, right?
So, um, there's there's actually this is a very old story
Um from a benjamin graham book
But uh, this has actually been studied over and over and over again the idea that if you save
You know $15 a month which at that time in like 1900 something was like a lot of money, right?
But if you save x dollars a month and then put it into
Investing and then just automatically invest and then reinvest any dividends that come out
You will end up with and so the money that we had here was uh, the ceo dupont, right?
I don't know if you guys have heard of dupont. It's a giant company
And they said the ceo said if you put 15 dollars in every month then at the end of 20 years
You'll have 85 000 a fortune at that time
Well, it turns out that uh, you don't predict what happens with the market very well with that
And in point of fact, if you actually put 15 dollars in for 20 years, you'd end up with 85 hundred dollars
Not quite eighty thousand dollars. So the money doesn't lie actually
So the truth is you need to watch what's happening in the market to see
Uh, if something is overbought or oversold it matters what price you're actually going to
Uh to purchase in and that's going to help you make decisions as to whether or not
Uh, you should re-up your position. You should reduce your position
You could you should increase your position like all of those things matter
Um, but trying to automate things in one way or the other
Uh, generally speaking you end up losing
So, um, I I just don't like these passive long-term strategies dca
So dollar cost averaging that kind of strategy is a short-term strategy. It is not a long-term lifetime strategy
Uh, just like there's a lot of things here that um are are meant to be either short-term strategies or paired with other things
but uh people will hear someone go use this strategy because it might be the only one they've ever heard of and everybody goes
Okay, that's what i'm gonna do and that's how they end up doing a strategy and then trying to figure out why
They can never retire even though they diligently employed the strategy someone told them. So
Um, there's so much to learn about
No, I just I was saying that's really deep
Just because you you have you have to uh, I think
That you hear so often in the space dca dca dca
It it's worked for a lot of people. Um
I would say, you know a lot of uh cycles
Rhymed if they have it all exactly
you know, it doesn't exactly uh
Repeat exactly how the past cycle but you have seen a lot of uh rhyming in the sense that these uh
four-year crypto type cycles
Uh act out very similar. And so if you dca'd early on
And you dca'd into the right things
You know like for instance like bitcoin. It's a big example that a lot of people use it was successful
Um, you know if you're descending into
Something more random there's just so much more to think about, you know inflation
Uh, you know where the the project is are they pivoting? Are they continuing continuing to?
um, so I I really liked that you you brought that up and kind of explained and and
and I think that's it's deep because there's there it
Really makes you think there's there is a whole lot more that you have to consider. You can't just think
Because people dca'd into bitcoin early on i'm gonna dca into x coin and token
Whatever and it's gonna work for me that it's uh, there's a lot more there to think about but alex
I I interrupted you when I asked you about the the dca thing. I'm not sure if you want to finish what you're saying
No, it's fine. It's just I mean one of the things is that you have to remember if you dca'd in
You know following the market and you rode up from 40k to 69k you didn't do great
Right, so you you know when we talk about people who dollar cost averaged in and that's what dca is for those people who don't know
Um for the people who who just kept doing that from early on
Um, they're they weren't still doing that for the most part, right? That's again. It's a short-term strategy
It is something to you do it to a point where you think you've basically
You know captured the value of the market at the current time you're capturing value
You're not it's not a statement of like, um, you know loyalty or anything like that
No one's going to come and look at the money that you invested in a particular thing and go wow
You're a good person because you believed in that particular thing. It's your money. It's what supports your family, right?
This is your future and your family's future
And no one else is going to care about that to be like to be honest if you're in the u.s
There's no pot of gold at the end of the rainbow
Your company doesn't care about you you depending on your age
You know are very unlikely to have social security when you retire
There's not money out there for you
You need to make sure that you take care of yourself and your family
And that does not mean listening to people who are saying things like be homeless with a bitcoin
That that doesn't take care of your family, right? The point is to put money put currency into assets
That's what currency is for you put currency into assets and then you use those assets as you need to right?
You liquidate the assets either to buy better assets turn it into currency to buy better value assets or
You liquidate your assets in order to buy goods and services
That's what you're doing, right?
You're liquidating it turning it into currency and instead of buying assets you're buying goods and services
The point is not to align yourself with a community so tied to a particular asset
That it's no longer an asset for you. What happens is that money then becomes unavailable to you
And that doesn't help you that money has to be available to you
So what we keep seeing especially like if you look at for example the bitcoin cycle
Is that there's a line of people basically?
Who are waiting to liquidate as soon as the price goes up to a certain amount, right?
Some of them are institutional some of them are individuals
And that's why when we see rises, especially after a winter
We see a rise and that rise immediately drops why because everybody is trying to liquidate
As soon as possible. Does that mean those people are never going to buy into bitcoin again? No
It just means that those people need some cash and the bitcoin market is liquid enough to take care of that
So I mean, I think that we have to move away from this idea of like cult like
Behavior in anything it happens also in some stocks, right?
Talk about people with like, you know tesla and other stocks. They're they're like, no i'm never i'm never letting go of it
Well, that's dumb, right? Your tesla doesn't care about you, right? What who cares about you, right?
You have to care about yourself and your financial future
And in order to do that, you have to look at everything relating to your finance
Um as the most valuable thing that you have right?
You're the one that takes care of you. You're the one that takes care of your family and and none of the investments that you make
Care about you or your family at all
They're not going to applaud you for being part of it
The people in those communities are not going to pay for you and your family to survive
all i'm saying is is you know, make sure that you're that you are logically looking at a lot of these assets as
Assets and they make a lot more sense when you look at it as assets, right? There's actual formulas you can look at
Yeah, I mean if you take a side I think I think that you might say like say the bitcoin community
You know the bitcoin doesn't care about you
But the bitcoin community do care about each other the mattock community polygon community do care about each other
But let's just take that aside. Let's take that emotion out of it
I think there's a pretty good argument for
dollar cost averaging assets you believe in not just any assets not just like
You know things you think are going to go up necessarily, but dollar cost averaging things you believe in you also did research
Yeah, you did research you believe in these things you mentioned tesla
Uh, I mean so I bought tesla in like 2017 or 18
Can I ask this did did you get triggered by what alex said a bit? Yeah, definitely
What I was like, oh no, I'm like, is this scripted like alex?
Like how do you how did you just hit all the trigger buttons in once? Uh
One uh go man. I'm like oh poor rock. I mean there's I think there's a there's a pretty good argument for
Dollar cost averaging being better than trading and i'm gonna be you know
Just straightforward here. I've known
hundreds of traders over the years are actually a lot of people may not know this lunar digital assets was a trading tool and
Uh, and we got out of that because we we realized it's very hard to do
And that was with you know, a lot of money put into rd with that and even uh, we had a white
contract with uh, knock, I think it was
Nomura holdings, uh, japanese holding company worth like 50 billion or something
Um, and so like seeing all these traders over time
Uh who are like oftentimes look like geniuses in a bull market and would even get me kind of fomoing
Where i'm thinking man i'm watching my friends and I remember walking through in new york at at consensus one year
My buddy with me we're walking and he's like, holy shit. I'm up a hundred thousand dollars, you know on this trade right now
And we're all excited. He's like, oh i'm paying for everyone. Let's get a suite. I'll pay for everyone
Well the next day he lost like 200 thousand or something
But uh, you know, that's just a stupid anecdotal story, but um, that guy got over time got completely wrecked got into debt
Uh, it was it was really sad. It was a disaster
Um, and a lot of the people I knew who traded I could just i'm running through a rolodex of names in my head right now
They all got wrecked over time. I can't honestly there's only like
Less than a handful of traders i've known over the years that still trade
Uh and that really made it with trading or like trying to and and that goes for not as much
But also for trying to I think what you're maybe more talking about is like trying to time the market
Like getting out when you think it's too hot or whatever, which I think is more reasonable
But uh, I I think saying that dollar cost averaging and and saying well the communities or the the coin or the stock doesn't care
About you. It's not necessarily about that for me. It really is about that. But but just
Mathematically dollar cost averaging is a pretty pretty good strategy. I'll pull up some stats from i've been dollar cost averaging my nephews and nieces
2017 putting at first only 20 on their birthdays and 20 on christmas
So this is just you know, two kind of somewhat random days of the year
And uh, you know, they're all up a lot. I mean that's surprising. That's averaging though. That's just depositing
How's that not dollar cost averaging dollar cost averaging are regular deposits irrespective of price, right?
Where you're continuing to put it. No, that's not I mean, it's it's generally weekly or monthly
And and you can put it up to the person it could be daily it could be minutely it could be hourly
It could be no, it's not it's not it's not like if you put something in once or twice a year
That's not the same as dollar cost averaging where you're doing and like and uh, like the idea is to do a mindless withdrawal
From your account that takes out the emotion
Which is one of the things that people love about dollar cost averaging and is its best asset is that it takes the emotion
Uh out of the um out of the investment decision
But and like I said, it's a good short-term strategy, but a long-term strategy. It's it's not it's not meant to be right. It's it's certainly
Something where you need to figure out at some point is the price
Still a good price for the actual investment itself
It's not meant to be a long-term strategy and and there really isn't ever an asset that just goes up
You know, you know forever you may do well like the person
literally all assets go up forever like all what classical assets big like any blue chip stuff you're saying
No, no, no, no, no, I'm saying I'm saying hold on i'm saying
Partially because of inflation these assets are kind of on a only up over time blue chips
Like if you buy apple, do you think apple will ever be in 20 years? Is it possible?
Apple will be below where it is now. What are the odds of that? It's pretty low
It'll probably be above where it is now same with amazon
but people said that about about ibm about ge like this is the thing is that is that is that companies have
And you have to understand where a company is in their life cycle to understand where the value is
The value switches as that's their point
I said that's a fair point
So you just have to understand that the value switches and the people who are making an investment decision into the company at a different
at a particular moment in time
Are doing it for different for different reasons. People are not necessarily investing into
You know apple or microsoft like there are ones people are not investing into well
Maybe they are now because of open AI but you know, like let's say a year ago
Uh people were not investing into microsoft as a growth stock
They were investing into it as a as a cash stock as a dividend stock, right?
Something that would kick out in savings and a store of value or a retirement
No, so so that means that people who are investing into it, which is still increasing the price
But they're doing it for a different reason. It's it has to meet your reason
So first is that no one can tell you what investment strategy is good for you
You're the one that has that understands your own risk profile your own
Uh resources your own time frame. You're the one that has to determine your investment strategy
Two no investment strategy is great forever, right? Your needs will change your resources will change your timelines will change
So your investment strategy is going to change
Three the investment strategies that you use for the particular
Investments that you choose will not work forever because you will want to you'll have to change up your strategy or you'll have to change up your
Your assets because those assets will change and shift and mature over time
So either they will fail or they will mature and those both of those have different results. So you're going to have to essentially see
Where they're headed and does your current investment strategy still apply to those particular assets?
Investment is actually a super complicated thing that you can't actually
Uh, it's not something that a group of people can say you all need to do this
You should all invest in this there is no single asset
And I know there's a bunch of people in here that are going to hate me for it
But there's no single asset that is great for everyone not bitcoin not gold not tesla not apple
Nothing, there's no single asset. That's perfect for everyone. It really depends on what's best for you
That's why anybody coming into a space and saying you need to invest in this
Don't listen to them because you don't know that that investment is good
They can tell you the reasons why it is a good investment for them and the benefits of that investment
But you still have to make your own decision as to whether that great
Company or that great project or that great asset is something appropriate for you
Right. There's that that last mile piece is still something that has to happen between an individual and that asset decision
But now you're asking people if you're telling people don't do a simple strategy like dollar cost average
Or don't buy more conservative assets and just hold them for a long time. Now you're asking someone to become
Analyst no, I was about to ask do you mind if I kind of jump in here for a second rock?
Thank you, um, yeah alex. I I think me and you would probably butt heads a lot on a trading floor
Well, like um, I would be on rock's side when it comes to having a more dca approach
And like a simple enough kind of question I can pose to you to ask, you know
What whether you should be dcaing or whether you should be lumps on buying is like alex
How much ethereum did you buy at eight hundred and ninety dollars like as a percentage of your portfolio?
Um, I never talk about my individual investments. Is it less than or greater than zero percent?
I never talk about my individual investments ever. It's my policy
So there was essentially a couple of hours where ethereum was available at nine hundred dollars in the last cycle
It's the same again for you know bitcoin how much bitcoin does somebody buy at 16k?
And fair enough. You don't want to talk about, you know, your
direct positions or anything like that
And I apologize if it comes off route, but i'm going to bet it's less than 10 percent possibly
Going towards a zero percent level. I mean if you sit here and tell somebody like, you know, don't dca
Why don't you just buy the bottom and sell the top? It's like oh, I
I didn't even think about why don't I just buy the bottom and sell the top?
I respect that statement. I'm and I didn't say don't dca. I said it's a short term strategy
It is not a long-term strategy. It was never this is a strategy that you know
I've personally been using since 2013 in crypto. It's worked out extremely well for me now
I would say that there's a difference between dca and dynamic dca
So when the price goes lower you just buy in at a harder amount and that's if you believe obviously that the asset is
Going to survive don't dca an asset that you don't think is going to survive. That's fair. You can't just dca anything apart from maybe
Maybe the smp 500 some people will argue that you know gold has been of a similar performance if you did a dynamic dca
You're doing quite well now
If you just go in and put in one dollar every day
You're probably not going to get the best performance out of that as one dollar spent when something is worth
You know 10 million america cap versus one dollar spent when it's at a billion
Very very different prices
Often it would just come down to a general risk curve
Some people use a long-term or a side that they would kind of use alongside that
Other people would use like more advanced risk metrics. I think personally
Um, I would keep it fairly simple on things like that
I I think the most complex that ever uses a fibonacci scale tell me, you know
How much do I dynamically dca into something?
But if I mean so what i've learned from all these years of kind of, you know trading
Is i've gone from somebody who would have been, you know, 95 percent trading five percent holding
To 95 holding at five percent trading and a lot of that came down to the fact of realizing that
You know, nobody is smarter than the market. It's certainly not me
I'm and again, this isn't meant to ask kind of, you know
An insult anybody on this space or against you or anything like that
But I don't believe that anybody here is individually a lot smarter than the market
The market will make a fool out of you given enough time and i've seen it happen to everyone
I and i'm so sorry. I have to leave in three minutes. Um, and michael has been has a hand up forever
Um, and I just uh, I just wanted to say i'm not saying time the market
But I am saying you do have to learn about investment. Everybody has to it sucks that in the u.s
We aren't taught about uh financials like reading financial statements or money or credit or anything
That's really important like relationships or sex, right?
We don't learn anything really useful where if you fuck it up, then, you know, you're you're screwed for life, right?
Or at least for a good chunk of years, but you are obligated to learn about it. It sucks, right?
What we learned algebra. Yeah
I mean like I could like what am I supposed to basically learn the height of the flag at the top of a building
That i'm not standing next to without a ruler like that is going to help me how I not
I mean i'm not an engineer that helps me zero, but i'm wasn't taught any of this information about
investments or investment strategy that that's actually why I teach it so much is because
It is incumbent on us to understand it because the idea that someone else is going to take care of our finances is
Ludicrous, right? We have to figure out this stuff. And so i'm not saying time the market at all
I'm saying understand investment strategies and figure out what works for you
And even though we love things that are easy that are easy to explain that are one sentence
That's like i'm told so often. Oh, you should simplify all that but if I simplify it that much
Then you're not going to understand enough about the context
You're not going to understand it enough to use it, right?
I'm going to if I give you a very simple statement about something that's fundamentally complex
And I don't try to give you some of that complexity that i'm short changing you
I am not giving you information that is useful. What's useful is the information that tells you here's a rule
Here are some of the times that it doesn't work
Here are some of the ways you might see it working and here are some of the ways you might see it not working
Now you have to figure out when you might want to apply it. So all of these things together are
Are it's it's necessary for people to understand?
Um, how how these how rules like investing rules things like that how they work
And uh, and I wish it were easy. I wish it were I wish I wish we could say
here is the way everyone should do this and
Um, and as a result everyone will actually have money at the end of the at the end of their lives
Um, and that's just not true. See I think that is true
Like I find I like I find that keeping it keeping it simple if you tell somebody, you know
Dynamic dca the smp 500 they will make money at the end of it and this is kind of the issue
We're like we're having an we're having an argument of like you need enough money to retire
And in trading what is it something like 90 percent of people in crypto exit at a loss
Like a lot of the target that should be hit here for people is just don't lose all your money
This is not about timing the market. This is about understanding your investments
I'm not telling anybody to try and time the market. That's trading
Not even touching on that one anymore
I'm not saying you know on the time the market side of it
But even on like trying to make things more complex and saying, you know
You're short changed them if you don't give them more information and stuff like that
I mean i've seen people with trading charts that you know would would put my entire college degree to shame
But they end up losing money whereas there was a very simple approach all along was that this asset is going up
So if you put in amounts of money as it is going lower
It will come back up and then you make more money like keeping it simple is what was can I can i jump in and
To kind of marry all three of these these worlds real quick. So I agree with you alex that you know, it's good to
Get people to care about investing I think that sentiment for me I really like is like, you know, don't trust
I'll be showing that out there real quick. I know you're finishing your thought looks like she left
Okay, she said she had to leave. Yeah, that's where everyone didn't know. Yeah, sure
so I guess to the audience or if she listens later, um, I I like the sentiment of
Getting people to learn about investing
Um, but I can say that there as a strategy
Dollar like I could give you like I think it's five words. Let's see dca
And hold forever. I don't know how many words it is
Is literally a strategy that's
Incredibly simple and it's worked for its average 10 returns with dividends for a hundred years
Same thing you could say with bitcoin like literally dollar cost average and hold forever
It's worked for 15 years now
And I mean if my I wanted to ask her, you know, if my strategy then was i'm gonna dca bitcoin
For at least the next 20 years
I'm curious if she would think that's uh, you know a bad strike because she's saying
I I don't quite understand how she's saying dcaing is not a long
Strategy. I mean to me dcaing that's exactly what it is. It's only a long-term strategy
Real quick guys, um, michael, uh, let's go to michael real quick
I usually don't go back on the hands, but he's just had his hand up for so long
I like when people are jumping in, you know, that that's how the show is. It's just dynamic
But uh, michael's just been sitting there with the data for so long
They were arguing and I wouldn't I didn't want to it would have been very confusing for people. So here's like
Why she says that dca is not a strategy. She didn't mention that but she could have is that dca doesn't have a cell
And a strategy if you go by the book a strategy has a buy and a cell signal an enter and an exit
Because if the asset that you're dcaing into goes to zero
You go to zero also, right? There is no strategy to get out like a pure strategy has exit
Okay, that's important. And the other thing is because everyone understands bitcoin if you dca bitcoin for the last five years
You make 111 percent. That's nice
But are you kidding me bitcoin was at three hundred dollars or three hundred. I find that hard to believe
Yeah, i'm on the dca calculator tool. You can go and do that yourself and yeah
What's the let's let's all maybe because I was actually looking for one while we were talking earlier
11x sounds about right, but I know what you're saying. It was at 300 dollars. Why didn't 11x. No, he said no 11
No, no, it's not 11x. It's 111 percent profit not 11x
It's just 100 111 percent
That's not a lot of money
So if you if you dca for the last actually I said five years and you put in it doesn't matter your weekly 200 bucks
Give us a website. Where can we find where can we play? Okay, dca btc.com
So tell me that that's that's a good investment because I made
15x on bitcoin in that time like i'm just saying right so even if you yeah, but there's there's you might be a good trader
And you might have good algorithms
But there's another hundred traders who lost everything or even if you even if you have a simple strategy that buys and sells
Buys above 200 moving average and sells below 200 moving average is a stupid strategy, but still it's better
Than dca. Okay, just to be I think this site's broken. I was trying this earlier
It wasn't the numbers didn't make sense like the the total invested didn't add up and stuff. So I don't know is this
I don't think it is even the chart is broken. It sort of depends right the dca
I have a big value here going easy for people to wrap their head around
Yeah, uh something like bitcoin with that's like hard money that that um
You know overtime has proven to keep going up like yes, you'll you'll do well
but the timing of it uh does kind of make all the difference and
Michael does make a good point that if it's if it's a buy-only strategy, it's not really a strategy
Yeah, there's there's no such thing
dca without selling a dca means like selling someone like michael sailor and he's
And he's you know, but only buying and then he's you know
Against it and it's there's there's creative ways you could maybe do it
Uh, but yeah, that's what came to mind when you guys when someone said well
You have to sell for it to be a strategy and I was thinking well, no, you kind of don't you could just borrow against it?
And then just hand it down to your kids
Yes, but that was only for really good assets like really really good assets
And most of them are not such assets, right?
So if you do dca on everything that's not gonna end up where you're saying, right? Yeah for me. It's like bitcoin
Ethmatic gold smp 500 are the things that I would put in that kind of maybe, you know, a microsoft
I would probably put in that category apple amazon
But I guess at some point if if the story changed like if there was a new
Disruptor that was killing amazon and and it's and even if I missed out because amazon was down 50 when I sold like I suppose
If it looked clear that amazon may not live forever. Well, then I guess it would make sense to get out
Uh, I found a working chart. Uh, so if you were to dca in a hundred dollars daily
Sorry, that's january the first we put it up to january the 24th
Okay, so starting from january the 24th 2018 up to january the 24th in
261 percent. I mean yeah, it's still not incredible
But put it back like say let's go back another five years or anything like that like put it back to 2040
Before you do it I did all of that if you go back before 2018
You make a massive amount of money massive. Everybody makes money
But 2018 is interesting because it was a bear market
Right where you have actually if your strategy fucks up that time frame you lose money because it goes down
So if you start before that it just goes up, okay
But that's the whole point of dca you can't like you can't tell when this stuff what's happening
You just buy any more heavily when it goes
But i'm just saying if you go before 2018 almost every strategy that i've tried on bitcoin
Will make money that that's it's a bit cheating
We've been out in that time. We've been talking about
For a little bit here. Um, I just want to quickly introduce
Um a couple new people that have joined up
Can you take 20 seconds to introduce yourself? Also, uh revel 20 seconds in ak
20 seconds after revel uh, oh and go first. Oh, and also we have uh beer and weed
Let's let's get everyone introduced and then uh, we'll get another question
So do you mean we have a person called beer and weed or you have beer and weed for all of us?
Yeah, i'm passing it out on stage
Yeah, so yeah, my name's own i've been in crypto since 2013 2014
I originally came on board as the first core developer in dogecoin
And a lot of the work that I do now is all around the decentralized side of cryptos in
Back in the day a lot of scams out of centralized rug pulls
So my love is for fully decentralized stuff keeping things on chain smart contract development and stuff like that
Most of my time is spent in crypto in hotlink when it comes to that side of it
But the actual time that I invest into the industry is on the development side of it
Granted that has included a lot of charts graphs and stuff like that just to show that general price action
And you know to win arguments, but that's me and yeah, thanks to million for bringing me up by the way
Sorry that I came on to immediately make enemies was not intentional. I said great to be here
You came on at a good time, I think there was a ton of really great points being made
But yeah, I want to get everyone introduced real quick 20 seconds revel
Hi everyone. My name is adith sideman. I'm the CEO of revel. Great to be here
Thanks for having me where personal media marketplace think about a gamified marketplace kind of a cross between
instagram and robin hood where you can invest in people by
Owning their nfts. It's gamified. You can earn yield in people. We have
Tens of thousands of users a new mint every minute a new trade every 10 seconds. Happy to join the conversation. Thanks for having me
Awesome to have you here. A.k 20 seconds
Thanks so much for having me I go by a.k
portfolio and crypto hedge fund and i've been in crypto since 2017 I am one of the
Strictly like the major type of traders
We stay on the majors. We don't really dabble with too much small
But as of recent since after covet we started incubating a lot of little projects
Um, and successfully now we have over 30 projects
Incubated under our company here. So happy to be here and happy to always provide insights and
Of course any projects that are looking for liquidity or they're looking to pitch or anything. Um, we're always we're always open to hearing about
Very impressive. A.k. It's good to have you back also. Owen and revel. I know you guys have all been on the show before
Um, let's go ahead and pass the mic on over to beer and weed
Yo, what's going on everybody i'm beer and weed
I'm a recent nft project that was launched on corgi studio with
uh beer and weed as the theme so
Yeah, i'm a fucking degenerate and i'm just trying to learn more about the polygon ecosystem and i'm just trying to grow
I I always feel bad. Sometimes we don't you know
The conversation is just it's just going too hard and we don't introduce people
And uh, that's not a good look for all rosie de polygon
So now that we got everyone introduced rock, do you want to go back to dcaan or do you want me to throw another question?
Uh, I want to say that uh beer and weed for those maybe listening and not uh looking watching visually
Beer mug that looks blitzed smoking a joint and eating a slice of pizza and his
sitting next to a pot leaf that is drinking a beer
And uh eating some pizza looking good
Well, uh, if we're not passing it out on stage, let's go ahead and just uh, ask another question here
You know what polo, um, we haven't heard from you so jump in bro, but uh
This question is for everyone just like always and for anyone that is maybe a new a little new to the show
You don't have to raise your hand. Just jump in
Answer this as as you see fit
So what key factors do you consider when analyzing the potential?
Of a cryptocurrency for trading, but you know what?
That's the scripted question could be trading investing
You know hodling go ahead take it away whoever wants to jump in
Um real quick. I was just gonna say because I gotta kind of jump
I gotta take my son to an appointment, but I just wanted to say thanks to everyone on the stage
Uh, I appreciate everyone listening in, you know, uh, check out the fx finance
Again, vf act foreign exchange protocol gives you the closest spot trade out there, especially on polygon
Just offered up a new package to you pool. That's uh, you know paying apr out at a hundred percent, uh apr
So pretty good. Uh, so yeah, thank you guys again. Really appreciate the time and look forward to jumping on another call with you
Thank you for being here bro. Have a great weekend. Thank you you as well
Yeah, so anyone can take this question, you know, what what are you looking at coin 42k had to say it
Really? Really? What's going on?
All the doomsday and naysayers were saying that the cme gap fill at 39 or 39 and a half was uh
Was not going to hold. I don't know. I I put some remarks out
I like the zone. I nibbled long and uh, we're in profits today
But I did short the 48 000 and that was the hype that uh, everybody thought was going to take us to the moon. So
Um peculiar area here. I just kind of started closing out my logs because i'm a trader
Uh, but uh, we sent to see what's going to happen next
Well, I'm so I got it. I got to ask you then
For I gotta wait for bitcoin 10k from gareth halloway and richard hart and all the other
Tater. Well, you know, it's not it's not coming
Shorted bitcoin in the 60s
I then infamously put out an alert to a lot of my followers at 32 000 dubbing it in no man's land below 32 000
Uh, that was just the zone that I just I wasn't very interested in bitcoin. I moved over to the to the stocks
uh, but i'll tell you in the deepest of my
Thoughts and heart I did not think bitcoin will ever go to 10 000
The lowest I thought it would see was about 17 000 and it's I think it went to 14 on a wick or 15
So I mean, all right, bro, you sound like a genius, but tell us about the calls you got wrong
Uh, i'll tell you something. I will I will reveal and you can audit my calls over the last three years
I have gotten very little wrong in this beautiful bull market of crypto as especially where you're buying at good prices
I I was one of the early buyers of defi and salona and those were my big tickets
To be honest with you aside from the majors
Um, but the ones that I got wrong
Probably just getting wicked out on certain leverage trades. That's the times i've probably been wrong
It's not so that I bought a crypto and it crashed. I like I said, i'm a major guy
So I most of everything I bought is still alive and well today
How about on bitcoin because you were those were the examples you were giving them when you made yeah the biggest killer
I mean were there times may may 18th?
2021 that was I think my biggest killer
That was the day that bitcoin dropped at 50 70 overnight. So did ethereum
I think I think it was like 50 to 70. Yep. That's right
Check it the day 18th. I remember the day. I don't remember the price
Uh, yeah, it was like a 50 drop overnight
Because I had a 2x leverage. I mean i'm not a high leverage guy
Okay, and especially when you know, i'm managing funds
I can't go beyond two or three x at certain times on on certain leverage and and it has to be a major
And I told all the you know followers and all the investors that it's time to get out
But I was a little cocky with one of my positions on a 2x leverage
And I had it be liquidated. So I know that it dropped more than 50 percent. Was it a large?
Was it a large position? It was a few hundred thousand dollars. So it hurt
I mean it's just I guess that doesn't matter but is a percent. I mean of euro percent watch
No, no, not a high percent, but it hurt
You know because it was it was something that I foreseen. I didn't listen to myself
Oh the market can't drop 50 overnight
Go to sleep wake up four hours later flash crash
Why did you short 48k I think this will be educational for
It's different times in different zones. I'm just the price. I'm very much. So technical price action psychology type of trader
This is how we run our fund. I mean we we're you know, we usually take trades that are no longer than three months out
Uh and in crypto three months is even a long time
Um, so I we started seeing a lot of flashing signs back in october of 21
Um, I believe it was the top of the markets, but I know that crypto was lingering in the 60s
Uh, and then that's when we started our master short. Um, and then after then
Uh, you know, we started taking many longs in certain durations of the cycle
So whenever we wouldn't want to maybe entirely cover our short but keep some open
We'd start taking longs to hedge against that short position just so we can really gain
The trade benefit of the of the you know of the of the um, the chop that they like to call it
Uh, but after 32k we let it go. I didn't touch crypto till it passed 32k again
That that's the truth. I haven't touched it in a year and so
And here we are now again, and now i'm interested, uh below 32k. We just were not interested
Do you have any of your your charts from that? Did you post anything about that 48k not on twitter?
Not on twitter, but I am going to start now just resharing all my screenshots because I I never really operated on twitter
Until this last year to be honest with you. I'm very new to uh,
But I thought oh, I thought the 48k was this recent just like a week ago or two weeks. Oh, yeah
Yeah, yeah, I was on the uh, mario and alfalfa show and they asked me about my uh
About what I believe. Uh, I could probably clip it and uh, I told them i'm not optimistic. It's a 48k
Or 51 is my top i'm an extremist and i'm not a believer in the price here today
And they crashed well didn't crash but
Another way to look at that, uh, and I was wondering if you were going to
Um mention any of these things but the reason I was looking at 48k is because you know
We had been running for a while
And it was a very significant resistance
So just like looking left on the chart and also, you know, I used fibonacci. So
That's right. Looking at some of the indicators
yeah, looking at some of the indicators and
And finding confluence and then also, you know being that it was a major resistance looking, you know by identifying that by looking left on the chart
I I uh was definitely thinking that uh, it would be a hard area
So yeah, but but uh good points as well. Okay, I I will I will clip my highlights and then so
I know a lot of people you guys like to see a lot of the views and on twitter people like to see like from
Especially from the fintech community. Uh, they like to see a lot of the charts and a lot of the internals of people's theses
And that's something I you know, I appreciate being on this show and getting a little bit of
Because I share these all the time for free to people to follow
We don't want you know, nobody wants your money or anything
You can take a look at these looks as of most recent. I announced my long on bitcoin at 39k on twitter
And again, it's up today. So I'm trying to uh grow my platform and i'm always happy to share free charts
And technical analysis and things that we've been very successful at doing and i'm up to be debated
I'm always happy to debate anytime of the day
Uh, because we put our money where our mouth is I wouldn't come up on stage and say anything here that uh,
I don't fully know and i've done
And your reputation's on the line. I think it's such a cool world. We live in where like
it back in before like youtube before twitter
If you wanted to find a you know
If you wanted to know how to do like something with carpentry you'd be
Kind of stuck in some situations because you you might what call a carpenter and ask him
Hey, how do I do this myself and they would be like what I could come do it for you could pay me
But why would I want to tell teach you how to do it or if you were like, uh a trader maybe or whatever but now
You can if people want to build their platform
They want to build their following and that could be monetized in other ways later if you so choose
Or people just like the fame of hey i'm if i'm a good trader and I teach other people how to trade
They'll be happy with me and that'll be a little fulfilling in my life or whatever
So it's kind of cool to see that, you know people are willing to give like as tech said earlier
You know, you could try take trading courses or you could just I mean
It's there's so much free information online from people like uak and you know as tech and so many other
You know bright minds and giga brains is this space is titled that uh, you don't necessarily need to pay
It's pretty cool little side technology, uh, you know brand
Uh, just real quick guys, uh, let me take care of some um
Um, uh housekeeping co-host stuff, uh, so we do have
two giveaways, they should be in the
uh, they should be pinned to the jumbotron above one is with say in pepe and if you uh,
I guess if you screenshot that you participated in
And uh posted in the comments below
You might be able to win one of the nft's
There was another one. I think polto also had a
Giveaway that should be in the top haven't mentioned it since the beginning of the show. So want to just
Throw that out there for anyone in the audience that uh is looking for a giveaway
Again, not a sponsored show, but uh, we do allow projects to do giveaways
Um in mc2 I think you were going to say something
Oh and and real quick, uh
What's up gm, thanks for having me up great talk today about uh,
The trading and everything it's great to hear some different strategies for show
Dill famous dill what's up my man
Yo, rock. How you doing, man?
All good. All good. Always happy to be hanging on the quick swap spaces and yeah, like I said great conversation today
uh important time to be uh
Getting into crypto. I think right now is just like if you're buying now you're doing the right thing. Whatever strategy that is
I I agree the mark the markets are very very ripe right now. Um, it feels right in terms of uh
A crypto bull market or set up for a bull market right now
And uh again a lot of the you know from a contrarian point of view
A lot of people are now with the etf approval of bitcoin
Uh are you know are open to the idea now?
It's you know something that's becoming a lot more mainstream as before
So I i'm very excited for the crypto space and again, I I can see that there's so many projects that have been battered that actually
Um have a lot of positive outlook in the future. So we are shopping around right now
Nice nice mc squared financed. I know you're gonna say something
yes, well, but I wanted to ask before because like
Currently, um, if you want to share your trades you do it with pictures on twitter
But that is not really verified and for sure if it's a long trusted account
Then you can say great must be right because they have 100k followers, but actually what do you know?
And how how interesting how important would it be actually to have?
uh trades, especially then also like strategies for the series of trades that you do
I think that would be cool, but I would have a small market
I really like us. I mean um
So even with the on chain, uh trades that you can verify them easily
One thing that I do myself to kind of, you know, hold a receipt and stuff like that
Is I will post about it on twitter, but i'll post before I enter the trade
So I have one from a while back where I was I was talking about ordinals and I said um, you know
I think it's actually got a bottom out like if not here then very near here because it was a fun part of the cycle
And there's a lot to be unlocked from it
That was at like two dollars fifty and within, you know, three weeks. It was back up at sixty dollars or something like that
So, you know, obviously I quoted the tweet to myself to do a victory lap stuff like that
And I had it for selana as well
It was between seven and thirteen dollars. I said look i'm a buyer here because you know, I think that that's an evm alternative
It's not going to beat ethereum, but it's uh, it's on it's the alternative like cardano. I felt fell down a pit
It's not going to get out of it and a lot of that capital will flow to selana
So again, you can quote tweet it then, you know a year later and then you say hey, I was right
One thing i'm doing that a lot would lately is actually mattock as um, I think that right now
It has just been massively undervalued in terms of you know
What it's actually brought to the ecosystem in the past and what it's going to be bringing to the e to the evm
Ecosystem kind of going forward and this is again done like, you know
I have my own thoughts on it in terms of tech as a polygon have a nuclear engine in the time of steam
And I think that that's just being slept on by so many people right now
And then there's I mean the unified liquidity model that they're working with as well
See this is kind of round around a bit backtracking to you know
What makes you invest in something or what makes you buy something?
And for me, I kind of lean into my own strengths on that, you know
I'm a developer in the space over 10 years
That does come with this innate ability of I guess like being decent enough at sniffing out what's crap and you know
Seeing real tech where it was built and a lot of that on polygon side is provable stuff
It was the same with you know, ordinals with selana is that they built this already
But what polygon I find it is only the only one that has not really been priced in by the market at all
People don't really seem to grasp the concept yet of you know
What ck will actually perform like particularly with multiple chains and unified liquidity?
Unified liquidity is probably the largest part of this now for me
That you know, we've got new chains spinning off every couple of minutes
I think it's a tweet from me about a year and a half ago saying next cycle meta
We're going to see a new chain for everything. We probably have a usdt chain like everything will have its own chain
But the problem with all of these chains is that they're going to fail to attract liquidity outside of you know
A couple of whales that they might get in at the start and then you're going to see protocols that will be
You know incentivizing as much as they can but
Unfortunately often to an unsustainable level where there will be walled gardens
Exactly. Just add on to what you're saying. The walled garden approach is not going to work
That's that's why with polygon's new ag layer that they just released yesterday saying it's coming in february
It's going to be a huge deal like you're saying. Yeah
Yeah 110 and we've seen this with certain subnets on you know other networks as well
This really cool project kicks off essentially their own chain
And then you have to bridge on to it and then they have their own swap on that chain and can't interact with anything
Outside of that and you you essentially have slippage on everything you want to buy ethereum 20 slippage stuff
Like like it is absolutely not scalable. It does not work
but when you look at like polygon hitting a one-two punch with both zk the multiple chains that can run off that
And the unified liquidity layer where you could be on a chain which is dedicated to you know, one very popular product
At one very popular token
There's availability to actually grab liquidity from the greater polygon ecosystem, which ties straight into the ethereum ecosystem
And I think that that is what solves pretty much every problem. We've seen with l2s
Like it's like what I said with you know, solana said they're great great alternative. I think evm is the winner by far
I think that was decided last cycle
And I think all that's left now is deciding what is going to be the main l2
And right now it's a heated battle
But I think nobody is seeing the punches that are about to be pulled like it is it's again
Nuclear in time of steam. This is you know, everybody's playing on
You know playstation one and all of a sudden the playstation 5 is about to drop
Like it's going to do a lot for the market
But that's how I typically tend to you know invest in things and obviously not financial advice, etc
You know everybody can be wrong
But for me it comes down to looking at the teams what they've built the following that they've got behind them
And just pure tech and I think that when it goes through the actual long-term look on things
You can be amazing at trading
But if you can actually recognize the tech that's underneath us like somebody who did was say bitcoin or ethereum at launch
You will outrun traders by miles. So yeah, that's my job. I totally agree on that man
I I really do i'm i'm curious. Aztec. I know you're you're a good trader and you
Believe in trading. I know you're you're you're nuanced in that and I know you probably don't think like every person should be trading
But what do you think if you had because what owen just said is really powerful
That knowing the tech and understanding these things and understanding like where the market's going because that's also something
Aztec that you're really good at you've called things years before they happen and you've you've been pretty good about
Calling the the general direction of the industry. So what do you think trading?
Because you said trading or but when it was trade or hodl at the beginning you said trade
But what about trade or understanding the fundamentals of the tech?
Yeah, and I might get rugs here because it's starting to get uh, kind of buggy on my side I usually get right
I couldn't hear people too. Yeah
You can hear me though right now because it's just yeah, I can hear you. Yeah, okay, so i'll i'll try to go
behind the quick swap account, but uh in my opinion
Again, like this is this was brought up several times, you know throughout the course of this conversation
I think you have to figure out who you are, you know, are you a trader? What type of trader?
Are you an investor? Are you short-term medium long-term? You know, what type of investing?
Uh, but and so I feel like i've figured out who I am. I'm a swing trader. I like to and and also a value investor
so I kind of swing between these and
As a value investor probably more predominantly like I I believe
In looking at the chart from a long-term
Preference so, you know daily weekly and then i'm looking for value on the chart
And then I think it's extremely important to understand what you're investing in, you know, is it future proofed?
Are you going is it going to?
Oh, come on he got rugged
We can't hear you if you're speaking damn it
I waited till the lead spoken just long enough and i'm figuring and I I think there's one
Person that I haven't I one or two people maybe that I can't hear because there's times where the conversation just goes blank
And then someone responds to someone and I don't know what's happening, but whatever. Thanks. Thanks a lot
Just uh to me as well. I have the the subtitles on on the computer. Okay, someone's two reads
Can people hear who's talking
Yeah, mc's good was talking there. Can you hear me? Okay. I'm yeah, i'm right. I thought
They were talking and then it went blank, but okay i'm i'm gonna shut up
Just uh jump in here. Well, uh, we've got time that knob came back
Um, and he was he was going to do the the roman coliseum segment of uh this week
Uh, that sounds take back
Hey, can you guys hear me? Yeah
Yeah, darren just said that narb came back to do the coliseum piece
We're a little out of time because we're gonna we we're gonna start doing community stuff
I I really wanted to do that earlier today again, but we never do and then it takes forever. But yeah
We can do it. Sorry. I had to jump off a little while ago
I had to get on a call real quickly, but whatever you guys want to do is fine
And then I there was a couple housekeeping things. I did want to talk about I mean one is the I mean and maybe narb
You can jump in here. Let me let me finish what I was saying real quick because it won't
I think it's I think it's important, you know
Yeah, I I'm like a i'm a value investor swinging trader. I I i'm more of a value investor though
So i'm i'm looking at uh charts zoomed out
I'm also looking at the fundamentals, you know, what what are you actually invested in?
I think some of the really important things is, you know, the team the development team
uh, is that team able to pivot well because
Crypto moves so quickly that you need a team that isn't just going to be the next thing and then fizzle out
But also be able to pivot and keep iterating so that you know, there's the fundamental aspects and then another thing that I
Uh consider greatly is macro
so, you know taking traditional and the
Traditional well, so with macro, you know, just like the general
Outlook of the world and trying to oversimplify this
taking that into consideration and seeing how that might impact
And I think it really takes all three of these things to be a really great
Um investor, but more specifically like value investor
uh, yeah, I just wanted I wanted to finish instead of uh, I think I think that's
I don't think enough people also consider like all these things these three things and then mix them together
I feel like that was the best. I think that was like some of the just cleanest
Uh advice on the show today. Uh, yeah, I love you. I was like you're awesome, man
You're you're one of my favorite people in this space like hands down then much love much love. Love you too, Rob
I so I did want to say though because you mentioned like man
I don't know if we have time for the coliseum right now because we have we have some things we have to cover
Um, is it possible? Maybe we bring narb next week for coliseum to give them a proper amount of time
Narb are you able to um, I should be able to do I think i'll be free next week
Yeah, that's fine. Like I said, you guys can do whatever you want to do
I just don't want to rush it narb. I like it's you're you're uh, you're a really important voice in polygon
And I don't want to I don't have to arrest you because there are some other things we do still need to cover
Uh that polygon did uh yesterday
Can you maybe maybe narb or aztec or someone can someone summarize or I know the polygon account is co-hosting
I don't know who's behind it right now. Maybe
Uh pixo does who can outline yesterday's update because this is important very important
Garb take it away bro with ag layer. I'm guessing polygon wants to take it. But yeah, or uh, yeah, so polygon
yesterday announced uh the ag layer or aggregated blockchains, so basically
What this is is it's the third iteration of blockchains
So we all know that you know blockchains in general run into lots of different issues with monolithic chains
There's the the trilemma where you're sacrificing one point with modular chains. There's fragment
Basically what this is is it's bringing modular blockchains and monolithic blockchains taking the benefits of both of those
Um into one so essentially how this is going to work
For example, let's say, you know, two different cdk chains are plugged into the the ag layer v1
Which by the way, the ag layer v1 is launching next month. Uh, the first version is launching next month
But I believe you know, there'll obviously be many more versions after that
So the first version is probably not going to be the the fastest most smoothest experience
But you know, you got to start somewhere, but basically let's say
x1 plugs into this ag layer and zkevms obviously will be plugged into this ag layer you'll be able to
Like from the user's perspective you'll be able to almost use both chains at once in a weird way
so for example, say if i'm holding um a stable coin on the x1 network, which is the
On zkevm. I can do that without bridging. So I would say the the main
The main thing here for me is that this eliminates
Um the the bad user experience of bridging from chain to chain
Which we all know is just not great, especially for people that you know, aren't crypto native
So from the user's perspective all these chains are going to be connected unified, right unify the quiddity
An unlimited scale of it. So the unified liquidity is there the unlimited scalability comes from having all of these ck chains
Connected so we're going to have you know hundreds of hundreds of chains in the future
This is creating creating an experience that
Um again, the the user feels like they're just using a single chain
Connected to all of these chains. I hope I explained that somewhat. Well, I still have to do, you know
A little bit of research it just came out yesterday, I think or maybe two days ago
But uh, I'd say the main benefit it's just huge for from a user experience
Perspective because you're eliminating the bridging from chain to chain like all of these chains will be connected as one
Like this is kind of crazy, but it really solves the entire industry's biggest problem
So like you go back to bitcoin in the block wars and all these people would
Argue about should we scale on layer one?
Should we do larger blocks and some people would argue no
We should scale in higher layers layer two layer three, whatever lightning network liquid network, etc. And
What bitcoiners concluded was we scale in layers. We don't touch the base layer
We ossify like a fossil the first layer and then interestingly aetherium a very different community with very different ideals
Came to the same conclusion. Um, they were working on like they were going to try to scale like kind of on both
Probably at one point I would say it was probably like 50 50 or primarily in higher layers
But uh, you know, they were going to use sharding and now sharding is not as
Uh talked about now because I think people just realized
That delay the the different layer twos of aetherium could accomplish the goal and with the vision that polygon has
See the big problem with that though is if you have a bunch of different layer twos
They can't they're you're fracturing this liquidity, right? You're getting more slippage on a trade
So like to do an ideal trade you'd have to do like, you know one fifth of the trade on maybe
uh polygon and one fifth of the trade on ethan one fifth of the trade on
Arbitrum and one fifth of the trade on linea and what you know what I mean to get less slippage
but what you can do now with what polygon is building with you know,
Interop a layer an ag layer and lxly bridge and cdk
Is all these chains can build and be layer twos like okx like immutable
Z polygon zkvm doze chain soon
Becoming an l2 of this all these I mean there's going to be hundreds, right?
But the problem there is you got a bunch of splintered liquidity, right?
But now with this you can unify all that liquidity
And you can not only just bridge from one chain to another easily and trustlessly the most important part
But but soon, I don't know how soon
Uh, like this will fully be fleshed out
But you'll also be able to like now do a trade between two layers or build a one app
Or ultimate holy grail is build one app on one layer that talks to an app on another layer
So like you can have you know
Usdt someone mentioned earlier, you know have its own chain and get the gas fees for whatever's happening there
Maybe that's where it's minting
Uh the usdt and then it can maybe it has even some like whatever quick swap or curve pools or unit pools or whatever
And you can do your trades there and the reason they might want to do that instead of being on another chain is because they could
Get either different speed parameters different security parameters or or they can also be the broker of the block space
That's one of the big things that l2s are doing that's how base
Uh using op stack that's their whole business model. They don't have a token. They're just brokering block space
meaning if there's a million transactions a day on base
And those transactions they're charging. Let's just use a number a dollar per transaction. Okay, that's a million dollars
They make a day now they roll that up to ethereum
That ethereum roll up if that costs them say a hundred thousand
They just made nine the chain made nine hundred thousand brokering standing in the middle of and rolling up to ethereum
and then of course same thing with like all of these polygon zkbm chains exact concept you're brokering to these and
polygon is is coming with some
Incredibly huge names with okx the third largest spot exchange in the world, which I think is going to be you know
Maybe big. I mean, I think okx probably has more volume than
Someone can check that but uh, so I think actually okx chain. Uh, they're ok one chain is going to be huge
I think that's like a serious competitor because we saw
Binance smart chain how big that was then and we saw base how big that has been now. These are right. These are
Smart contract, you know evm's for for sexes basically, uh, and now I see this. Okay one coming. I think it's gonna be huge
Speaking of manta, which we mentioned a few times on this space now
I think it's been pumping and people are all excited. It got to like
Somewhere between like four to eight hundred million depending on what analytics site you look at tbl
And now keep in mind guys when you look at tbl you look at polygon
PoS and it's at whatever 800 million or uh, I think a billion with stables or whatever overbuilt
Then you look at uh, and that but that's not the only tbl people aren't understanding
And I think this is and this is not advice of polygon. I see, you know, they're here are its co-host
But this is my own personal just opinion
People are not pricing in that these different uh, all these different chains are part of polygons. So like
It's like when you look at ethereum, you don't just look at ethereum's tvl
You look at also polygons and polygons zkvm and arbitrum and optimism and linea and scroll and mantel and zksync, etc
You look at all of these these are all part of ethereum, right?
And same thing on polygon. Now, you don't just look at polygon PoS. You look at polygon PoS zkvm doge chain
I think draft kings is uh
I keep i'm unsure of that one and I always keep forgetting but uh, I mean draft kings we just had on
Uh, we're going to abon. I think I could say yeah, we're gonna have draft kings on cool
Um, but anyways, uh all these different chains you combine all those liquidity and that's polygon now
And that's you know, that's bigger than any of these other
L2s if you combine all of that which is incredible and people aren't I think they're not realizing that yet
And I think we need to do a better job of explaining that to the community
Oh, we need uh, we need some sound effects after that one good clapping 100 i'll get the
In terms of timelines for my understanding is uh, february will be the version one mainnet
It's obviously not going to be like the full version of this
I think they said, you know, it's obviously going to be a little bit slower to begin with maybe a little bit more expensive
The from what I understanding I believe mark said this is that the like the full blown
Game changer version of the ag layer will be ready in six to eight months is what they're predicting. So, you know sometime in
2024 this will be like full on ready to go
Wow, and I know that there's some big um updates coming. I think one of the big problems and and reasons
Uh, I don't know about problems, but you know
Zk rollups are an incredibly hard technology and and like I would say
100 times harder than optimistic rollups, right?
So optimistic rollups are are great because they're way easier to implement. That's why you see like arbitrary optimism doing well early on
But they're not the end game. They know that they're going to try to upgrade to zk rollup someday if they can pull that off
I'm sure someday they will
Um, but polygon went straight for the gold they they said we're going for zk rollups
so now polygon zkvm is still technically in beta and uh
I think part of the problem is because it's so decentralized and so
Uh, like fraud resistant it can't you you know, these are mathematical proofs
The gas fees are still not as cheap because we want them to be there
And so while it's in it, it's it's beta
The the zkvm chain itself is not uh is not growing super fast
And I think that's you know by design of the polygon team. I know they've
Um, you know told us like yeah, don't blow your wad on, you know, liquidity mining yet
We're gonna you know, wait until we come up with these new updates, which I think are
Uh coming in february, I believe so we're gonna get some cool updates in february and then I think things are
Yeah, define which is uh, yeah, there's three phases. Yeah, and then the third phase is is that uh
Uh, I yeah, I don't know I always i'm like you i've you know, I forget what uh, I think it starts in march
Third third phase starts in march
There we go. Yeah, I just forget what's public don't know like what you know, like, uh, what we can't talk about but yeah
There's there's like there's like, you know, probably 50 or 100 projects that are like all
Waiting it's like, you know
Race horses like at the gate or like, you know dog races like they're just waiting at the gate
I know like quick swap where we're holding off on putting a lot of liquidity mining and volume mining and stuff towards uh,
The polygon zkvm beta chain, uh until we get like the word that okay
It's go time and we get these new updates that are supposed to change things a lot
Uh, and then protodink sharding is going to drop also that's an ethereum upgrade that will drop, uh gas costs on on
Polygon by another 90 percent
Yeah, so once we get we get these things I I know that quick swap is going to go mega hard
Uh, it's going to go real real hard in the paint on this one. Um
Yeah, speaking of by the way quick swap. I wanted to do a little fun shadow
We don't talk about quick swap a whole lot even though we host this, you know
It's a polygon show and I think it deserves saying though if people saw recently, uh
A tweet by quick swap that we had surpassed unit swap
Uh, we had retaken our crown for top volume on polygon
Um little backstory, you know, we uh, we were number one for I don't know year year and a half and then
Unit swap came with their v3 and they surpassed us in volume now. We kept our crown of highest tbl
But then they surpassed us in volume and at one point because we were still v2 and they were v3
They had like up to five times our volume
It was very uh, you know demoralizing. It was hard. We're fighting against this giant
They got this 15 million dollar grant from polygon. They were putting that towards liquidity mining
They were using a raucous, you know, these juggernaut protocols and they surpassed us in volume
But we uh as we always do quick swap never gives up and we kept fighting
We built our own v3 in partnership with algebra with the dynamic fees
Which now by the way unit swap is going to be implementing themselves later on
Um, but we fought back and we slowly over the last year year and a half have been gaining on them in volume
Consistently gaining with very efficient our our liquidity actually has a much higher efficiency than theirs is is the mathematical calculations
We're seeing meaning, you know, if we have 10 million dollars of tbl
We do more volume than they are 10 million dollars of tbl, which is pretty cool
And now part of that is because our merkle integration with all of our different
Automated liquidity managers, right? We have gamma and now we have we just recently added steer and ichi
And defy edge and all these alms that compete with these strategies
So now you can go to this you could go to quick swap and choose any of these guys and try out different strategies
Okay, I want to put ethusdc or ethmatic. I don't want to manage it though
So you let one of these different protocols manage it in a decentralized way, uh, fully decentralized non-custodial
Uh, I'll put an asterisk there. I'm pretty sure they're all fully decentralized and non-custodial. I don't know, you know
They're all different though. So do your own research. They all have different strategies
Go ahead sorry to jump in what is the best resource that I can
Refer to to be able to gain more knowledge on everything you just mentioned
Maybe the dragon fight 2.0 blog series. Um, you know what? Yeah, this would be cool. Darren
Is there any resource for these specifically for the alms for people learning about these alms? We have the docs
We have the quick swap docs group of docs that we we keep updating
The dragon five 2.0 blog series that's coming out
with various installments
Over the course of the next months. There's already two installments. So there's a couple ways to kind of get
Quick swap also, I mean just following quick stuff
The uh, the blog that quick folk dogs change that will just sort of highlight all the uh,
Sort of new things the alms have their own
Uh recent blog that highlights the liquidity managers what they do
Perfect. Yes. So these different alms automated liquidity managers are
Essentially what the the answer in the market to you know v2s
Uh, it was just zero to infinity a curve from zero to infinity if you put liquidity in ethmatic
For example or bitcoin east you were literally saying I will buy or sell either asset infinitely from zero to uh,
Um depending on where the market goes and then that that you know, you get the trading fees
But you might incur impermanent loss now v3
Made things way more complicated because you have to choose a range you have to move
The range if you get out of range you stop, you know, if you say I want to trade from you know, eth, you know, uh
2900 to 3100 and then eth goes to 3200 you're out of range now
So you have to like change these things so these automated liquidity managers gamma steer ichi
Defy edge all through our mercal integration that we've built which brings these all together
Um, these all compete now to give the user strategy so that users can continue to supply liquidity
As opposed to just institutions because typically with v3 it's it's just institutions and very high
Like, you know, they have full, you know firms creating strategies
These alms are like strategies for users so they can continue to participate in gain yields, which is really cool
Um, so I don't know what you know, we actually are trying to analyze and we don't know how but it's been like four
Or five days straight that we've been beating uniswap by quite a bit
Uh in volume and which is really we're really proud of it took us like a year year and a half of building
All these strategies our liquidity hub is oh by the way, that's not even including our liquidity hub
Our liquidity hub in our solver system isn't even being factored into that that analytics yet on d5 llama or anywhere
So we got to get that included
But that's more volume that's coming then there's these the volume coming through these alms because some of them have very tight ranges
Some of them have better strategies. And so yeah, we've been beating uniswap for
Like four or five days straight, I think and it's it's really cool to see
It took a lot of fighting and a lot of effort and a lot of you know support from the community
But uh, we've we've surpassed uniswap, which and oh, we also have almost as much trading
And yeah and clob is coming soon
Yeah, our central limit order book system and our v2 perfs, which we'll all add to that one. But um,
Shoot, I forgot what I was just gonna say
We never talked about quickswap on these spaces
Yeah, we never we really don't but it deserves an update
I heard rumors though about some kind of airdrop happening though. What's going on there? Yeah
Yeah, we can actually so before that I remember what I said, so actually
We can say something about it we could say something we could tease
There's like wolf the I know that the marketing department is going to be screaming
Uh invite hear those guys
But there is uh, we recently voted um, hr and and the uh the marketing chat
So um, yeah, hr gives you the the film go ahead
Did darren just create a new department
Uh, yeah, something else that's cool about that uniswap stat is now um quick swap over the last days
We're looking at this and it's not just that we surpassed uniswap. We are now quick swap is now almost as much volume
Every other dex on polygon combined. It's not quite
We but we had a 46 or 40 I think 46 or 47
Percent of all trading volume on polygon meaning that means if you combine every dex on polygon and there are hundreds
We have uh quick swap has almost as much as all of them plus uniswap
Combined so really proud of that. Uh, it's it's it's uh,
A lot of people don't realize how how strong quick swap has remained and its loyal community and things. Okay airdrop real quick
Yeah airdrop real quick. So, um
Yeah, we're doing uh, I can say this I think and it may if I can't oh well i'm in trouble spank me
Um, we're doing a manta airdrop. So manta has been doing very well. Uh quick swap is also the largest dex on manta
Um, and that's been going really well manta's tokens been pumping and stuff. So this airdrop actually might be pretty significant
I can't say what the parameters are like who will get this airdrop, but I will say it's uh, it's I can say that it's uh
It has to do with the quick swap community. That's that's all I can say for now
But that that should be pretty pretty juicy. So keep an eye out
And that was uh, yeah manta
My god gave us that and gave us permission, uh to do this. So it's pretty cool
As the biggest dex there. Hell, yeah
Maybe we could read some questions. Maybe if there's someone that has uh
Because we only have three minutes here. I know you have to go to the dose chain space
Maybe there's a question for the panel or for you rock
And you know what else like I could go to the other space and since we haven't given enough time to the community if you
Want to stay as tech and narb narb's a super community guy here and owen and and michael
And we've got a bunch of great people here
If you guys want to like read questions from the community and and go a little longer
I know a lot of the audience usually comes from this twitter space to the next one
And uh, I hope you guys still do come there for dose chain
Basically talking about dose chain 2.0 coming to polygon, you know polygon 2 2.0 and cdk chain
Uh, and then also there's going to be a lot of talk about uh doge and ordinals dojianals and ordinals in general
Um, but yeah, let's let's all stay for a few more minutes and we could do
Community stuff and then uh, and then we'll all hop over the other space and maybe you guys if there's more questions
You guys continue is everyone on the panel good for another 20 minutes 15 minutes, maybe
Just throw me uh some kind of emoji if you're good for 15 20 minutes
Um, and then yeah, we can go through some some questions here rock. Are you leaving us or not?
Not yet. I'll leave in like maybe five minutes. I'll be i'll be
Late, but i'll be less late than normal, which means i'm early
Okay, because there might be some trading questions here that we could uh, ask the panel. Let's go ahead and go through
I'm on my phone a dragon is never is never late. He arrives exactly and precisely when he means to
I see a lot of uh airdrop questions. I'm just scrolling on my phone here. Uh
Got michael here. Let's go. Where are these airdrop questions coming from? How are people?
Did someone leak this before I leaked it?
So, I mean I did a little, um
Mystery post yesterday based on the little I know and then quicksal posted today that an airdrop's coming
But nothing else has come out. So I think that's why there's uh, a lot of
But i'm trying to look for an actual question for the panel. We got beer and weed here
Um, they posted in our comments want to win 5x beer x weed
Like and reshare tag three. So there's another
Giveaway and it's in our actually, let me just pin it to the jumbo front and beer and weed are here
Can you tell us about that? Is this special for our audience or is this just uh, you're giving this to everyone?
Uh, yeah, it's only like a five nft airdrop and yeah, it's just a recent nft
I created on core g studio and i've just been enjoying listening to the allroads lead to polygon space today
because it's just been super dope you guys talking about dca like how to invest and
I just had a question for the overall space. I think I had my hand up for about 45 minutes, but
Sorry, man, we could carry on
I was thinking like yo, like as we approach taxis in this april
cryptocurrency like is the market cap gonna
basically just flat line from 1.6 trillion in the crypto market or
because a lot of people I feel like that i've been talking to have been saying that
We're not like in a full bull case scenario till after taxes
But I see it from this perspective that it doesn't matter if it's taxis or not in april
We're still in a bull case scenario. So i'd love to hear like well all the traders perspectives
Both people bro, uh that are tax
tax loss harvesting are doing that before december at least in the us if that's
What you know, if that's uh, if you're asking this from like a us standpoint, but uh, i'm not sure if anyone else has a different
Yeah, I mean i'll chime in on this and this has been I mean, this has been one of the biggest things in crypto since
Really crypto began how you know tax loss harvesting and selling off to pay taxes is a big part of every cycle
I want to be honest. Um, i've never really noticed a major trend change around taxes at all
I do notice a lot more rug pulls happening around tax season
But as far as how it affects prices and that some years it affects it negatively and everybody says oh, yeah
It's just tax season and then other years nothing happens at all
And other years then we go up
So I I don't think really it has too big an effect on the actual like
Full market outline maybe a bit of intraday chopped and stuff like that. But yeah, i've never noticed it really setting the narrative myself
Yeah, I would agree with that 100 uh
It seems like this is a conversation that we talk about every single year whether it be
Right before the year's end or right now during, you know, tax season when people are filing
But yeah, I really don't think it has that much of an effect like like he said sometimes it
Sometimes it seems like the market does do something funny and sometimes it doesn't but the market also goes up and down all year
So it doesn't even like if the market goes down right now
It doesn't even necessarily mean that it's correlated to people, you know paying their taxes
It could just be the market itself doing what the market does. So I don't know personally
I don't really pay attention to that that kind of thing because like I said, it's something that we talk about every year
But I don't I don't know it hasn't had a major effect for me personally. Anyway
I think one of the much bigger
Things that's coming up is the support program from the fed for the banks in the us is running out in
If they are not renewing it it could mean that one or the other bank in the us will start failing
So this could create another kind of crisis where people tight the budgets
And if they say, okay, they don't want to let any bank fail then it needs to
Open the money gates and then we definitely know that crypto is growing
Now on that that's like a really great macro point mc phi, uh mc squared phi
But the thing is is just to to to note last year. That was a very bullish thing for bitcoin
You know every time the bank was failing it seemed the narrative was like hey, you know, we're we're going to be
Uh, you know because the traditional finance is is collapsing here, you know
A lot of banks around the world. It's really a global issue also
On the taxation part, uh, the united states or maybe even north america in general trades, correct me if i'm wrong
This is look at the statistics here 10 to 15 percent of the actual bitcoin volume
So if you're looking at, you know, how much north america or united states commands of the global?
It's it's a fair chunk, but it's not a major amount where us tax payers
Who do have to realize and make their?
Adjustments would that cause I think a friction in the market given that a lot of the volumes globally
And a lot of countries in the world don't report or pay taxes, especially on crypto
Explaining that it's a global market. Also, there's a there's a pro to this entire
Um conversation which is it's not just people having to pay taxes or
Tax loss harvesting at the end of let's say last year
Getting their tax refund and then buying into the market
Um, I know plenty of people to be honest
IRL that are getting their tax refund and telling me, you know, and i'm and i'm telling them like, you know
You've got to do your own research, but you know, you start getting those those messages where?
Um people are like i'm actually I want to use my tax refund to actually buy more crypto
There's a I think there's a give annotate there's a pro and a con and and and I and I think what a.k said
Is really important to note that this is a global market
So it's definitely something it's a good question. I think it's something to consider and think about but it should align with
everything else, you know in your thesis and
um, you know the technical analysis the actual
chart the candles that are printing the
The fundamentals and and the macro, you know, you got to mix it all together. So it's a good question
But yeah, it's a global market
Yeah, I think it was also just an interesting year in particular to analyze this like just
The short term in bitcoin just till april just because it's also the bitcoin having
So it'll be interesting to see like by april time when people actually have to declare their profits
Like is bitcoin going to skyrocket to 60k and a lot of investors are going to be
skeptical of declaring those right before the year ends, you know what I mean?
So this could be a factor that kind of holds bitcoin back from that sense that it could be a late
april pump because people aren't going to want to declare massive
Profits, but that could at the same time not have an effect because bitcoin's decentralized and the blockchain. So
Hey, i'm gonna run guys. See y'all and uh, have fun
Have a great weekend and uh at once this finishes up, uh, come on over if you want to hear more about uh,
Polygon 2.0 doze chain dozianals, etc. Uh, we'll continue the party over there for another hour or two
Yeah, we'll we'll uh, we'll close this space down soon. I think darren
Um, I know krypto rider is in the space. He's a community manager for korji
I know he he runs a lot of good dialogue when it comes down to
Crypto and stuff. So if anyone's interested in
That type of stuff korji studio is definitely a place to be building within web3 and the polygon ecosystem
And he's also taught me a lot about quick swap. So
I really just want to show my appreciation for korji studio right now
But as for the question for the space to kind of educate, I know rider. He's a good guy
Uh, so i'll take my exit here guys. I appreciate everybody here on the spaces and thanks for having me on the panel
Look to uh, come on future shows and uh, if anybody has any uh trading, uh,
Looking for any trading help has any questions wants some pairs looked at or anything general again
Not selling any services or anything. You can reach my dm and i'd be happy to grow and engage with the community
uh or x and uh happy to be around and provide some insight and grow with a lot of like-minded individuals i've
Been seeing some great followers come in from here
And you guys are all a lot of talented talented individuals and uh, can't wait to dive in and get to know a lot of people and
Grow investments and knowledge together. So thanks for having me on the space and adios. Have a good weekend
Thank you for being here. Okay. Thank you, man. Hope you have a great weekend
Yeah, let's let's all uh, let's all say or like are you jumping now? I was gonna say we should probably all say
Yeah, exactly. I have to I have to jump because i'm transporting some furniture from
The first floor to the seller. So anyway, my father came to help me. Thank you very much. It was awesome space
If anyone searches for trade automation and you don't have time to trade or you don't know how to do it
I have some education for that go to my account, right? Check it out
Other than that always. I mean, I love the space and and the and the knowledge that you shared today
I learned a lot as well as always and yeah, you guys are doing an awesome job, uh, and really appreciate
That you organize this such a good way every week. You guys are really killing it. So thank you very much
Love you all. See you next friday
See you next friday brother. Have a good weekend
Yeah, anyone else want to say goodbye?
Sure. Bye everyone. Thanks for having me
It's always good to have you here in arb and you got to come next week brother so we can do the uh,
Yeah, i'll see everybody next week next friday cheers cheers
Anyone else want to say goodbye? Yeah, that's great
Yeah, thanks for inviting us as well. It was very joyful and interesting
And if you want to get on-chain verified strategies approval performance, that's pretty much what we are building
Yeah, have a good weekend brother
I'll throw my uh, i'll throw my goodbyes into the hat as well as uh still getting over a dose of man flu
Which has gone on two weeks now. I think me and darren are both in the same boat with us
We should stop hanging out
I told them not to kiss me
Uh, yeah, so listen if anybody is looking for a community
That's well going to be jumping straight on to zk evm once the new
Once the new aggregation layers are up and running and we have bridging over from atirium
I'm the founder of nova dao. We're fully dao based but we do have a development studio
We've launched things the past which is gamefi and defi platforms
So again right now we're on atirium if you want to jump in and take a look before that we're overall for on ck evm
Now just click into my profile as dev at nova dao
But jump into it have a look we're looking to bolster up our community as well
So if anybody on here is interested in lending to a small community
But the community that wants to get a lot more active be that in our telegrams discord twitter, etc
Do join in give a shout or always looking for more active members to join us
And thanks to my name for having me on the spaces always so cool to be able to sit up here with
Intelligent people in the actual polygon community like it's always a joy to sit down and have a chat with everyone
And for everybody that's just listening in on this all the stuff that you're told about like polygon quick swap and stuff like that
This is the closest you're ever really going to get to what's essentially insider trading but legally
You know when you hear about the stuff that's being built when you know the actual tech that's behind it
You have an edge on about 99% of the market and look that's what i've ran with for the last 10 years
Just understanding and listening to the actual builders that are in the space
And it's worked out for me for the last 10 years and they work for another 10 and 100 more
Thanks again. All been great on with you all
Well, uh you recover fully brother and I hope you have a great weekend. It's great having you on knowing
Is anyone else wants to say goodbye?
Thanks for having me on great space love the trade talk
A lot of good opportunities definitely in polygon staying active
But overall crypto market talk is great to hear like I was saying before
I think now is a great time to be
You know, it still feels early
So I think you don't have to over you don't have to overthink the strategy, right?
Just buy just stay active and be engaged in the community and you'll see new opportunities as well
Good times good times. All right, and beer weed. Do you want to say bye before we close?
Uh, yes, just thanks for having me on i'm super excited to see the future of quick swap as a decentralized exchange for people to
automatic from different chains and all sorts. I think it's way better than uni swap its competitor at the moment
things it offers with bonds farming and
And I also want to just shout out to polygon for allowing people to build in web 3 for affordable
Gas prices like it's not absurd like ethereum and I think it's just a amazing opportunity for anyone trying to release stuff within
So thanks for having me on
Good times. All right, everyone. Well, it was a great conversation and I definitely learned
Many things it was it was cool to hear different perspectives on investing and trading
And we'll be back next week with another all roads lead to polygon shout out to the quick swap team
And polygon for you know contributing to this space and making it happen and I hope you all have