Well, well, what is this music?
Good morning, everybody, let's get there.
I love, I love to stay there in the sky, and then I'm still glass, I'm not broken.
We're going to start in a second, share the space out, Samsung hearts.
Let's retweet this space, guys.
Comment underneath the space.
We're just getting started for the next hour, so the more people who engage, the more people
in here, the more fun it'll be.
And if you want to come up on stage later, you know, we're looking for people who engage.
Let's waste no more time.
Things are looking green and pretty today.
I think Bitcoin had a breakout after a long period of consolidation, and it caused the
But we'll get into all of that in a minute.
We have some great speakers coming in.
Feel free to request up and join the panel.
Leave your questions and thoughts in the comments.
I promise I will be checking them.
I'll give you a shout out if you have a good question for us.
But guys, guys, let's waste no time.
There's a few different reasons.
Sorry, that's the cops outside my window, if you can hear them.
But there's quite a few reasons our bags are pumping.
I mean, I've reevaluated my own Bitcoin investment thesis this cycle, my own Ethereum investment
You know, that's important to do if you're an investor in the market.
Why do I think Bitcoin is going to be higher in the future or Ethereum or whatever it is?
And then whether the price goes up or down, you can still, you know, get peace of mind
because your investor's thesis hopefully hasn't changed.
So I've recently reevaluated mine.
I think there's plenty of reason to think that both Bitcoin and Ethereum baseline, there's
higher highs to go this cycle.
And, you know, my overall thesis is we just need either Bitcoin or Ethereum or both to go up
for crypto at large to do well, for old coins to pump, because there's always going to be that
You know, people are always going to, as Bitcoin and Ethereum or Solana, Chainlink, whatever it
is, rises, feel wealthy and feel like, oh, I could be getting much, you know, how much higher
is Chainlink going to go after $200?
I could be getting much bigger gains in this coin in the pulse chain ecosystem, right, Gary?
So, you know, again, my point is that my thesis on Bitcoin and Ethereum remains strong.
We can talk about it here.
And, you know, I'm still bullish on this market, Tina.
I kind of want to just get your outlook of the market right now.
Are you also changing your thesis?
Good to, good to meet you, everybody.
My name is Adrian Adrian.
I am a CM teacher and a market technician.
There are not many of us in the world, which sucks.
I'd love to kind of just be able to spread the word around more quantified, more evidence-based,
more number-based technical analysis rather than some random squiggle lines from scammers.
That is, that, in turn, is full of, all right, we're full of information that is not credible.
And it sucks not only because, well, there's lack of information.
It also sucks because we are pushing the people in the wrong direction.
So I'm kind of like trying to contribute with my accreditation into this work with a little bit more reliable information.
That's me checking the charts, right?
And there is a difference between relying on guessing the future that is unpredictable and some set of squiggle lines
and some random shit coins, just making a bet and then believing you were right, even though it was unpredictable.
There are a lot of behavioral biases that we all suffer from, the cognitive dissonance.
There are the ones that are cognitive.
There are the ones that are information processing based.
There are also the ones that are spontaneous and very hardy.
We can control them, right?
And what I think we're talking about is the whole buying frenzy.
You know, it always comes up the biggest at the top, right?
The selling frenzy happens at the biggest at the bottoms.
And what happens is that 70, 80 percent of the time, crypto just stops running sideways, right?
So this is a safe, well, not a safe haven.
This is kind of like a good situation for those who are mean reversion traders, for those who trade swings, right?
And the market swings back and forth between fairly established range of highs and lows.
And that is approximately similar, right?
For Bitcoin, that was the half a year range between $25,000 and $32,000,
and it actually broke out to the upside.
Crypto bird, crypto bird.
Before you continue, and I don't want to miss a second, just for everybody who's on the same page,
what exactly are you iterating to us right now?
Something bullish, something bearish?
So this is, I'm a trend follower.
Like I said, I'm a trend follower.
You know, I'm following the trends.
However, my being bullish or bearish doesn't define my trades, my trends.
My trades can be opposite to what my call it opinion on the market stances.
I don't trade on opinions.
I trade on facts, numbers, trends, figures, and something that is quantifiable, right?
My opinion is I'm wrong for $50,000.
I don't see any reason why I would be guessing 100% right, every single thing.
You follow the charts, and if the charts change, you just update your opinion.
You don't get emotional about it or anything.
You just look at the chart and say, this is what the charts tell us.
Well, almost, to such an extent that I don't have an opinion about the market, right?
I couldn't care less about my opinion because I'm wrong most of the time.
And it's impossible to roll the dice and keep guessing every single time the future, right?
So what I'm doing is I'm taking care of the long-term charts.
The long-term average is sort of at the large sample of data.
It's basically a good estimate.
A good and the only estimator of the, let's call it true value, even though the markets
So relying on the averages, relying on the indicators is something that I quantify the
And it doesn't matter which direction it is up or down, right?
The trend right now, trends right now are up, the 200-day moving average that is a dominant
There is not a single person safe saying on mind that would argue that.
It's going up for like a year already.
And it's not our opinion that matters.
It's the market literally telling and aggregating that and showing the path and the path is
And, Burb, Adrian, man, I am so glad you say those things because people might not know
this, but you signed up with Quantum, which is a company I'm a part of.
So deep down, what I'm hearing is that you do believe in the miners and this thing is
going to go somewhere, ultimately.
And the long-term game matters, right?
I mean, like you said, it doesn't matter if you're bullish or bearish long-term.
You can still trade whichever way.
And it's really a matter of knowing where you stand when it comes to the charts.
Like, it might be moving down right now, but ultimately, we do have a positive outlook
So that's what I took out of what CryptoBurb said as well, that he prefaced it a lot, but
ultimately, the conclusion was the charts are pointing up.
But while we're on the chart talk, I did want to also ask CryptoBurb in terms of the halving
because you guys are right.
And there's been a noticeable increase in addresses holding actually over 1,000 bitcoins.
So whales are getting longer.
Long-term halters are actually holding very long term.
But I'm wondering, Adrian, when it comes to, you know, we're coming up with the halving.
The halving is probably around two months.
Do you also, you know, take what do you think based off of the charts and what you've seen
Are you trading the halving?
How are you going about it?
And I do want to highlight the shadow that gets according to my expeditions.
So regarding the halving, again, I'm not going to give you my opinions because it's irrelevant,
I can comment on the fact, something that had happened on the left-hand side of the chart,
that's not something that could be refuted because it's a fact, right?
So I prefer to rely on the facts much more on the something rather than something that
So speaking of the facts, we've had three halvings, right?
The halvings happen protocol-wise every 210,000 blocks.
This rounds up and takes us to the fourth halving somewhere made up real.
Well, now it's somewhere between 14th and 16th.
It floats and fluctuates.
The closer we get to it, the more likely we land at one date.
Speaking of the facts, we are talking about two significant or three significant observations.
First of all, those halving cycles, if you will, that are block driven, not time driven,
they're block driven, they tend to align very well and correlate strongly with the overall
stock market, presidential stock market cycle.
That is four-year, right?
So we have the superposition of the four-year halving cycle and a four-year halve presidential
stock market cycle as well.
So there is the superposition, in fact, that I can develop and delve into briefly shortly.
There is alignment between how the stock market moves and how Bitcoin moves, right?
And it doesn't matter really why it is this way, it actually is this way and that's what
Now, on another note, Bitcoin, after every single halving, for many different reasons,
there were very strong rallies.
We're talking 9,000% on the first halving, post first halving all the way to the subsequent
Typically what we see after the Bitcoin halving is in the span of nine to 11 months after
is when Bitcoin breaks all time highs and when Bitcoin eventually tops out for the cycle.
That's just typically what we've seen.
So you're looking at 9,000% gain on the first halving to the subsequent peak.
You're then looking at the second halving to the subsequent peak of 3,000%, right?
Then the following one, post May 2020, post the March crash, we're talking about 7X, 700%,
So right now we're talking about the market that is size of 1.6 trillion or more and growing,
The market is up significantly almost by 200%.
I'm talking about Bitcoin, almost 200% since the bottom came in.
We're talking about the fair relative outperformance of Bitcoin versus altcoin.
So it's clearly leading the way and I'm talking numbers.
I'm talking 85% since the breakout point of reference versus altcoin is 15% as a total
market cap, less Bitcoin.
So there is strong, distinct leadership from Bitcoin, which is okay and it's typical of
the early stages of the cycle.
However what matters even more is that Bitcoin, this is the fact number three, it never returned
to the halving prices, right?
So everybody who bought on the halving basically are in profit and for most of the time they
are in extremely heavy profit.
They're in 9,000 profit, they're on 3,000% profit and so on and so forth, right?
So there are fact and numbers, fact and numbers confirming that even though we don't know
the future, we might hold on to an encore just a little bit into something that makes
sense, something that happened and something that shows up a repetitive pattern.
And if this repetitive pattern is to be maintained, and it seems this way, the market is probably
up for some decent rallies for the next year and a half, just maybe.
Always breaks in your altcoin highs.
I don't see a reason why it wouldn't be different this time.
So your opinion on the price isn't that different from mine I don't think, not that I've talked
too much about it, but just generally what people are thinking this cycle, but you're
even making a distinction that I don't have opinions.
This is just what this chart is saying, but still with that, it sounds like you're bullish
Well, so bullish barriers.
Because I feel like we're all bullish on the halving as we've seen how previous cycles
But what I kind of want you guys to comment on is people are saying this halving is going
to be different than the others because of the ETFs, because of the huge demand and the
supply crunch and everything.
So I kind of want you guys to comment specific to this cycle because of the new stuff that's
happening and also macro and everything.
And I understand, AJ, and you are right.
Kind of like it's not our opinions or feelings.
It's about what the charts say and what the data says.
But there are people that are just huge.
The price is going to be transformed overnight.
And I feel like usually when we all agree on something, it's the opposite.
But I kind of want to know where you stand on that or anybody on the panel.
So this is true to a large extent, however, not always.
Because the contrary opinion trading investing people is a strategy on its own.
However, it is mean reversion because you assume that when 90 percent of the people
are bullish, that is going to reverse.
However, the problem, especially in crypto, that is technically driven, that is behaviorally
driven, there is no fundamentals in the traditional sense.
There is no cash flow, no earning reports and so on.
There is no centralized entity behind that.
We rely on the behavioral psychology patterns that retain over the years.
And this is something that doesn't change.
And what matters is what matters is what the heck.
I think my wife may be just coming in soon.
Anyway, so so long story short, you know, the problem with the with those sentiment
bottom meters is that you can be you can be right eventually.
But by being right, you might want to hold on to opposite positions that are going to
basically cost you missing out of incredibly strong rallies.
So you see Bitcoin in extreme greed, right?
You saw Bitcoin in extreme greed and 40,000.
You're going to see Bitcoin extreme greed at 150,000 just maybe when it gets there.
So let's let let's let let's let a couple of these other people jump in.
Let's go to Michael and then Gary and then just anybody can just, you know, interject
whenever at any time during the space.
If you guys been through having I've been through a few.
I literally have it to where it's like you invite friends over.
We're looking at the charts and Bitcoin doesn't move.
Sometimes it dumps a little bit.
We're not having a party this year.
So the news or whichever with no party, Michael.
I'm pretty sure we'll have a live stream.
We'll have a push on the live streams area.
But like if you if you've been through it, it's it's very uneventful.
But my personal sentiment and kind of like my personal opinion is that they're having ends all their markets.
It does start the basic the news cycle that's going to happen with it.
What I've seen is that usually sick.
There's usually two tops is usually six months around the six month mark.
You'll start getting you know, either it's going to be at all time high or breaks pass all time high a little bit for its first
Then retrace and then around a year and a half is where from six months to a year and a half, there should be a second peak.
And that second peak is a blow off top.
And that's when it's bad news bears all over again.
But everyone always says that every cycle is different.
I think that with this cycle, I mean, the upcoming cycle, there there is patterns that kind of repeat sometimes.
So like the six months to 12 months, six months to a year and a half mark.
You're looking at like a potential two and a half year bear.
But actually, I think it's actually going to be a longer term effect of that.
I think we're probably going to go into a multi year run and then afterwards go into an even longer bear market that can potentially almost last until the next having.
That's going to be happening with it.
But I feel like Suzu's super cycle was just a little bit early, you know, basically having it to where it was like one and a half year bull and then three, usually three years of bear.
But I think that it will probably be like two and a half to a potential three in terms of more than like up to a five year bear.
But then again, we're also looking at like commodities and assets going into its next secular run.
Everything's going to probably hit all time highs pretty soon for like NASDAQ and everything as Bitcoin kind of like runs up and continues on climbing with it.
But the way that I see it is I'm very shit at T.A.
Like I can't chart to save my life.
I try. I really, really try.
The way that I look at market sentiment is I actually view it from the marketing perspective because then I see what I can do is I can see how companies spent.
So whenever I see companies like let's say, for example, Polygon just laid off like 19 percent of people.
You're looking at like other like a plethora of companies doing layoffs right now.
If you look at the layoff factor last like the last layoff cycle, it it was basically right before a little bit of a crash that happened.
Right. So even if a lot of companies right now are doing layoffs, I do still see that momentarily that there is going to be a little bit of a down for for everybody that's going to be in the market.
And then we'll probably jump right back up and we'll break through it pretty quickly.
Bitcoin is what we call the green don't know.
It was just literally just you're at like a low peak.
There's not that much volume.
All of a sudden, it just jumps and pushes like five thousand dollars without you asking.
You know, I want to go to the point is that I want to go to Gary real quick to make a new comment.
But before that, Michael, isn't like companies marketing because I see the same type of stuff with companies hitting me up with marketing or you can even say the same thing about like seasonal crypto YouTubers just getting involved.
They do it about the same time that kind of like that tells you, oh, that we still have half a bull market left at least.
But it's almost like a lagging indicator.
They never like starts right at the beginning.
Yeah. So basically, it's I would say it's a preemptive indicator.
So the preemptive indicator is basically, let's say, for example, during the during the past year, Avalanche was marketing really, really heavy at events for GameFi, like any gaming events that were there.
They were there sponsoring and they were there showing up with their teams.
I also saw it in like token 2049 Korean blockchain week, you know, all these companies that were competing against each other.
But I noticed that, you know, Avalanche was pushing specifically for the gaming sector.
But I noticed that, you know, Avalanche was pushing specifically for the gaming sector.
So for that, I started looking up basically gaming projects that are going to be launching on Avalanche.
I met up with shrapnel before they even announced and kind of like launched their big portions and everything.
They were at token 2049 and asked them what blockchain they were building on.
They're like, oh, we have a really great relationship with Avalanche.
So it really got me interested in terms of like, OK, if companies are doing this as an early push, that means that their narrative or their potential upcoming narrative is going to be a push into GameFi.
And whenever shrapnel kind of came out out of the woodworks, it kind of like cemented that that partnership and saying, hey, look, they are pushing into that area.
And a lot of like if you look at Defi Kingdoms, Defi Kingdoms switched over to to Avalanche from Harmony back in the day.
They were at Harmony. Harmony got hacked, all these things.
But they switched over to Avalanche. And even for them, that was a good 80 percent pump that was able to.
I purchased a small bag at the conference and then afterwards as well.
I kind of saw that once they hit the top, I just sold out a little bit.
But, you know, the gaming the gaming narrative that was happening during that time.
Now there is new narratives all the time that come up.
But just being able to see, you know, just being able to see how the marketing is going, whether the marketing is going to be pushing towards content creators, whether the marketing is going to be pushing towards events, you know, real life activations, all these things.
You're able to see it happened because they try to acquire users beforehand before they push into a niche.
I feel like if you make Adrian and Michael, you'll get the best alpha quantitative and qualitative.
But what about what about you, Tina? Look at this, you know, who new profile who this congrats on a personal profile.
I do want to welcome Randy. But let's go to Gary first.
I know Randy has a little time with us today. So let's go to Randy after Gary. But what's up, Gary?
Hey, hey, hey. I'm really glad to be in the space. Thanks, Aaron and Tina for hosting.
Obviously, this is a great panel is Randy.
I'm curious about her inputs. And Michael, I just heard yourself respond to yours in a moment.
But let me give a special shout out to Adrian first time to share a space.
But I think we're friends for some time now introduced Gary Cardone's birthday party at his house.
And then later we coordinated to where he was in Miami. Him and another person were in Miami.
And I brought him up to Valuetainment to meet.
I think you might have met PBD then. But then after that, a different wealthy guy, a billionaire in banking actuarial mind,
you know, more about like the Harvard business profile of how to evaluate asset classes.
And someone like Adrian is able to speak to that kind of caliber very well, because he talks about Bitcoin,
not because of Bitcoin's history of 15 years. And it's, you know, it's design, but about like, what are people looking at?
And I think that's part of like the BlackRock story, the you know, the other participants in the ETF story, the Michael Saylor's.
It is to me going to change a bit now that the ETF is ETF products are available.
And I say that because we've had three years on average of a bear with about a year of a bull as a cycle normal.
And now, at least as far as like the leading indicator of the entire sector of cryptocurrency, which is Bitcoin,
you know, those assets under management still are generating fees. They're generating fees for three years of a bear.
You can have part of your 401k. You can have part of your retirement thesis.
You can be solicited by your adviser to put, you know, one to three percent of your entire wealth portfolio into Bitcoin.
And I think that that's part of that reason that they will advertise. They'll advertise during the bear, you know, that this is a quote unquote safer product.
When he speaks, when Adrian speaks to Gary, I hope Cardone, I think you'll comment.
I hope that Adrian will comment that Gary's not comfortable with self custody, really, like he is more comfortable calling a broker and saying, hey, I know that I've got leverage, but I need another day on my margin.
You know, it's that kind of participant more in the ETF than Joe, you know, Joe Norm, you know, Joe regular really in the ETF that's really going to set the tone of marketing, I think.
And then let me finish with what Michael had said, which is he had said something that kind of seemed a little odd to me.
And I would like more explainer later about the idea of a prolonged bear.
It's almost like to me, like a bleeds that leads like that's an attention kind of headline that we will see more and more, not just from Michael, but I think we'll see a lot of that.
Just people like interested in quote unquote alpha, like this time it's going to be different.
And I don't know because havenings are, you know, a certain number of blocks apart and on average four years and presidential cycles definitely impact the stock market and the stock market definitely impacts the leverage positions in crypto.
So like the idea of a five year bear, I don't see that. I do see something's playing out similar because more people are looking at same charts, which are led by Bitcoin and, you know, people that have portfolios to manage will distribute across like this is the frontier.
These are these are NFTs. This is a new one, whatever it is, to be on the frontier. But like most people in my age group, especially, we're like, we don't want to play.
We want to play more conservative. And so I think Bitcoin benefit from that. So that's my input.
Thank you. And you guys, as much as I love Bitcoin, I feel like we've got to move the segment along. Let's go to all. Let's talk about the next narrative.
What's going on? I mean, to me, it looks like the next narrative right now. It looks like we're in an era of airdrops. Airdrops just been great source of money in the space.
I feel like you see all different chains. I feel like it was mostly Solana. But I would love to get your guys' takes on it. What are what are the narratives that you're watching this cycle? Randy, I would love to hear from you first.
And then action will go to action. Thank you for having me. I appreciate it. It's great to see everyone up here, all friends of mine. So it's like very warm up here.
You know, I think I sorry I came in a little bit late, but all coins, you know, I'm very bullish on the whole space. I love Bitcoin.
I think it's a great store of value. And I just think that, you know, looking into the bull market, it's, you know, Bitcoin in my price out a few people because of the gas fees.
Same with the theory. There's a little bit of a scaling issue there. So I'm very excited to see in the bull market, like our layer two is going to be the solution for your people.
Are there going to be new blockchains that come about that are able to scale or are we going to be utilizing things like, you know, like when Amelie or, you know, the Dogecoin blockchain, which people are literally putting games on top of the blockchain now.
So I'm very excited to see what people's expectations are going to be, what their the idea of NFTs is going to turn into, whether we're going to go more the inscription route or are we OK with like the current kind of narrative where we have either IPFS hosting our images and we're OK with metadata.
But basically being on the blockchain instead of the actual images and Web3 Gaming, I think, is a huge narrative going into the bull market as well and the future of crypto, really, because I think a lot of people when, you know, I speak to people all the time about, like, you know, people that have no idea what this stuff is.
And even older people, I was speaking, I was at a family event.
I was speaking to a woman that's 60 years old.
And for her, what made it click for her crypto after me talking about it for five years was NFTs.
And she loved the idea of like, OK, if she buys a book when she buys books all the time on the Apple Store that she could transfer it.
She could resell it after she wants to do that and basically rent it out.
Was this conversation, sorry to interrupt, was this conversation like recent or was this during the NFT boom in 2021 or?
No, this was literally two weeks ago.
Like this conversation was interesting.
Yeah, this was like a few weeks ago.
I've been talking to like my family and the friends about it for like five years, six years.
And they all thought I was crazy up until like the past few years, but no conversations were really had until two weeks ago with one person.
So like what made it click for her was like NFTs and books and and gaming where like obviously she saw my cousins growing up that all they were doing was spending thousands of dollars between them on digital characters with their P.S.
And every time they bought something, it basically went to zero because you're buying a skin in a game and web to you can't do anything with it.
You can't resell it when, you know, a lot of these kids, they play games and they get sick and tired of them after a while.
Why can't they continue to benefit from a game they're not playing?
And just like authenticity, proof of ownership was really a great point that she liked as well, knowing like if she buys a book, how many are really out there, which mint number does she own and kind of the value that way as well.
And you brought up a few points that I would like to touch on.
The one was, you know, they are twos.
And I know that Ethereum just had an upgrade.
So that would be nice to talk about because from what I understand, it's supposed to reduce Ethereum.
They're doing on the test now right now.
It's it's close to launching for sure.
Oh, so it's not launched yet, but it's supposed to lower fees only on layer two is not a theory.
It's supposed to, as I understand it, make layer two fees and usability a lot more friendlier, which, you know, episode factor would be good for Ethereum.
You know, Vitalik back in twenty twenty three called the EIP 4844 or the Deakin upgrade in twenty twenty three.
He kind of like referred to it as like the last big upgrade before we can finally call Ethereum done, which was kind of shocked the world.
Now, obviously, it got delayed in true Ethereum fashion.
And obviously, there's more development after the fact.
But, you know, his only point was like, you know, this is like one of the last big things that we wanted to do.
And there is ERC 404, too, which is, I guess, for NFTs.
I was just about to say it.
So there's a brand new narrative that's coming up.
It was based off of it just recently happened.
It's ERC 404, but it's not an EIP.
So basically, they just streamlined past it.
But what it is is basically allows it for the composability of fungible and non-fungible tokens into one standard.
So similar to like 1155s, but 1155s and the differentiation with 404s is that 404s allows it to also utilize more of like the DeFi product.
So the current 404 pool allows it to where let's say if there's a generative 10,000 mint, right?
Let's say there's a 10,000 mint.
What happens is that if you own one full token, you're able to receive the NFT that's going to be there.
So you'll be able to mint the NFT.
But what happens is if you buy and you place under one full token for that, you then go into what basically the NFT will then disperse and disappear from your wallet.
It will basically be able to claw back that portion.
So it's really going to be great for anything that's going to be identity-based, I feel like.
Because the reason why is because you're able to have an identity and the longer that you're having the associated airdrops or whichever that's going to be included in there as part of like timestamps, as long as you're owning one full token,
you're able to still keep the NFT and all the additional drops with it.
So let's say, for example, if I minted a board ape and later on how mutant apes came.
So like someone could also own a board ape, but then isn't able to receive the mutant ape at that time because they still portion of the NFT or like fractionalize it or so.
But this now allows liquidity markets to be opened up onto NFT pairings.
So you don't have to, it's similar to like fractionalization.
Yeah, so I wanted to ask you what's the difference because I know we had fractionalization of NFTs before.
So I kind of want to know like what is the advantage to having like combining now the ERC, you know, 720 with 20s and kind of, you know, just providing it.
What is the difference with the fractionalization?
So like usually you'll have a custodial and the custodial will then issue what is the fractionalization of it.
So if I have board ape 102 and I want to fractionalize it, the company then creates a pool that fractionalizes it into a hundred pieces, a thousand pieces or so.
But this one with 404s, you're able to not have to worry about having a custodial fractionalize it.
And also for that too, you have it to where it's denominated.
So one big difference is it's non-custodial.
Yeah, so like if, let's say the custodial gets hacked and your board ape then gets transferred to the hacker's wallet, you know, there's no way to kind of claw that back.
Even if you have the fractionalization tokens, those markets are now completely dead, right?
Because you can't use it to redeem the actual assets that's on there.
While with 404s, once you hit a certain threshold, which is, you know, one full token, so if it's a 10,000 generative mint, there's 10,000 total tokens.
So if you have one full token, you're able to actually own the NFT.
You can either have it claimed or sometimes it actually just airdrops to your wallet depending on which projects they are.
I know for like Pandora, I believe was one of them, but Pandora is the first one to do it.
But there's like five of them or so that's currently doing it.
Some of them are able to automate it to where it sends it on there.
But basically what happens is that you can also denominate it now all the way down to the 10th decimal.
So if you don't have a full one, it can claw back and take that NFT back away from you.
If you have a full one, you then own an NFT.
So let's say I had a full card, but I sell half of it, then it's going to just disappear from my wallet.
It disappears, but you still have 0.5 in terms of the coin.
So anyone that's within the pool with all the other NFTs, so the whole 10,000 generative mint,
all of the other ones that are in the LP, you're still able to cash out on that portion.
Yeah, pretty cool. Gary, what's up?
I have some things to add to that.
So yeah, so that was a great explainer, Michael.
So that's some of the interesting things that are happening on different EVMs, different L1s, including the one that Aaron gave a shout out.
I like Pulse Chain, but I like a lot of stuff.
So NFTs hasn't been something that Richard Hart has ever really promoted.
He's had his bash about it on the last cycle.
But it is one of the more popular things on Pulse Chain right now.
And it is because of one of the new technologies of this 404 that is actually,
there's several platforms now that exist where it is composable.
And so you were saying something earlier about like fractionalization of NFT.
And then four or five guys putting money into a common pot and saying,
we're going to buy a yacht club guy, right?
So I know several people.
Or you could have something that's more formalized,
that you don't have to know your friend that is co-
Gary, you're breaking up a little bit.
Speak right into that mic.
But now, can you hear me any better?
Yeah, we just don't want to miss you, man.
It just wasn't that clear.
The composability is a very interesting feature,
very similar to what has, you know,
and maybe this is a technology that does kick start
a narrative for this particular cycle,
DEXs of Uniswap was DeFi summer in the last cycle,
new L1s with a smart contractability of Ethereum
this NFT thing is going to be part of that.
You can basically build up like an illustrator
or these graphics softwares.
You can have layers and you can buy and sell the layer
that is part of the composition.
So you want to have an NFT that has eyeglasses
or laser beams coming out of the eyes,
and then you want to have a different shirt
or a different hat or whatever it is,
you can either assemble your NFT,
and then sell that whole item basically
for the speculative value of what it costs to assemble,
or you can sell the parts.
You can break it down later.
So, like, the fractionalization thing is very interesting,
and I've already seen a lot of revenue generated
that are just hosting the ability for 404.
So it is an interesting tech.
It's something that I really pay attention to
both on Polygon or, you know,
other platforms that are lower cost,
like you were saying something about,
I think that that might be a good kick start.
As I've mentioned to Aaron before,
we're going to the Trump dinner at Mar-a-Lago,
and it's mostly NFT people,
if not all NFT people that are going to be there.
And so, like, this is just like brand capital,
IP opportunity for cold contact
and bring people into cryptocurrencies,
even though we're talking about JPGs on the Internet.
I think there's three standards
to probably everyone should look at.
that one is probably going to be really,
So it's kind of like how Gary was saying,
where you attach glasses on there,
you attach some equipment, you know, some items on there.
So these NFTs are then placed under.
So you can sell it as a bundle.
You know, think of like selling a character in-game
that you just leveled up at the end,
you know, all the way to level 90 or whatever,
and you could kind of sell all of his skin,
his weaponry, his inventory and everything.
The next standard was ERC6551.
So this one's more of like token-bound accounts.
So for the token-bound account portion,
you're able to have similar to like nested NFTs under it,
but you can also have an NFT own a Ethereum wallet.
So it's really great for identity.
Think of it as like if you have a board ape
and you're like, hey, I want to be able to sign a transaction
and your board ape could literally own a OX wallet,
and then you just add a DNS to it or I mean the ENS to it
to say, hey, board ape signer or something, right,
to actually have it facilitate and sign a transaction
based off of owning that NFT.
Now, the bad thing is if you sell, if you sell that NFT
and it's inside that token-bound account
or you sell the token-bound account,
basically selling everything.
But what I also see as a use case for it
is similar to like acquisitions of companies.
Whenever you're acquiring a company,
you need to get all of their information, all their bank accounts,
all their accounts that are going to be set under it.
This can now allow for multi-accounts to be owned.
So like if you're running a hedge fund
and you're going to get acquired by a bigger entity,
you have all of your accounts basically under
like an organizational hierarchy of it.
So you can just basically sell the entire bundle.
And for 404, 404 is still super, super new.
Michael, Michael, this is good stuff,
but let's wrap up in 60 seconds
because I do want to bring Burb back in here
So yeah, 404 is brand new.
So just think of this like the speculative DGN play.
But a lot of layer ones and layer twos right now,
especially airdrop season, all these things are happening.
You got to remember that the layer wars are coming back.
A lot of the layer ones raised a crap ton of money
So they do have a lot of runway to kind of push.
And especially right now, it's going to be their fresh narrative
to push into the ecosystem.
And I do want to change the segment.
Burb, I want to get your thoughts on this.
I feel like it's an elephant in the room.
Usually, I'm openly supporting Solana in this space.
But we got to talk about it, you guys.
We got to talk about it going down again after about a year.
The big question is, is this something to be alarmed about?
Is this something to worry about?
What are your thoughts, Adrian?
I have some thoughts, but I would love to hear from you.
Well, this is a good fucking question, right?
So first of all, this is something that shouldn't be happening,
So it sucks that it is what it is.
I'm here in for the technology.
I'm here to make money as an investor.
So I don't really care what the name of the token is,
as long as it's AML compliant and so on.
And if the network gets congested, if the network is stuck,
You are a profit maximalist, a profit maximalist?
Well, yeah, that's debatable, right?
Because eventually, it's risk adjusted returns that matter.
It's like a sharp ratio to the end of ratio, train of ratio,
So risk adjusted returns, yes.
Profits alone, if it's super volatile, not really,
because it's not sustainable.
One story short, Solana breaking up
is a second rendition of something
that already happened, right?
I'm not going to give you the details on why it happened
and so on, because I'm ignorant.
I have no fucking clue where that happened, right?
I should probably ask some smarter people like Randy
or Gary to talk about that.
In terms of the overall trends, I like observing the trends.
There's a positive trend in Solana, of course.
One of the very strong positive breakups overall
So it empowers people, and there is a lot of
probably blockchain related, like I said, difficulties
that we have on the network there
that is just basically making it impossible
to use over the long term, right?
Blockchain is not supposed to, like imagine the bank
using a blockchain, right?
Basically, it's using, if you're in smart contracts
and so on, to the best of my understanding
And they use blockchain internally, externally
to facilitate lower transaction fees and so on.
That sounds like a mic coming unplugged
and he's not realizing it's unplugged yet.
Yep, that's the sound of it.
Sorry, it got me off. Did you guys hear me?
No worries, we can hear you now.
So it's not good, imagine Visa kind of like
just getting ruined and getting fucked
because the network that I used just went down.
What can I say? It sucks, right? That's all.
I mean, the price didn't really go down that much.
It's kind of par for the course.
It's congruent without everybody in crypto thinks of Solana.
Aaron, it was the opposite. It pumped, right?
Like right after it came back, everybody was like,
No, it just took off. I mean, people made money.
Yeah, I was in the space.
I was in the space yesterday with Moby Media and Digital,
and it was all about Solana.
There's a lot of content that's about like Solana.
And the highlight was what you guys both said.
The price goes down because there's a five hour outage.
The price surges back up, whether it's supported by VC
or just enthusiasts or speculators.
People are here for price.
So like, I don't see it as a long term harm
other than it's not really fitting what blockchain is
like the permanence or anything like that.
Like the narrative of why are you in blockchain?
Yeah, it sounds great that it's permissionless, borderless.
We're going to have a Bitcoin standard.
That to me sounds nice, but really people are here for money.
They want price performance more than that.
Yeah, more than server performance, right?
And you were right, Tina.
Like last time it went down was February 2023 and on the 25th.
And that was out for like almost 19 hours, almost a whole day,
But if you go back in history, like it was off like in 2022, October,
September, and I'm just browsing the calendar in June.
Like this thing went down a lot in May, April.
Like this is not, I guess you can call it, it's no Litecoin, right, Randy?
Money talks and people are willing to put their money in it because guess what?
It's mostly funded by VCs and there's no room for a normie
or even somebody starting out when it comes to Solana, find a token,
maybe running a validator, forget it.
Like the specs that are required, like even your internet connection,
like I don't know anybody that has the speed to be able to maintain
that type of service, just unheard of.
So like I much rather focus on the altcoin.
The altcoin is out there that will make me money and I appreciate...
Hey, Michael, you're the man for talking about airdrops.
I mean, you made me some good chunk of change,
especially in the Cosmos ecosystem.
And I just saw Tempe leave, I was about to give them a shout out.
Like they're launching a new token and I'm getting airdrops for those
because I know enough to look around to figure out exactly what's happening
I think that's a really good way for people to rake in a little bit of cash
and basically find out about what else is out there.
You know, mining is also a good, good play in my book.
Like you saw Casper take off this morning.
You got a nice little pump with Casper.
There's a lot of opportunities out there and we got to look around.
It's not just the main players.
They are going to make money, hand over fist
because of the people that are involved.
But ultimately, if you want to see like really large returns,
well, you got to go for the little guys.
Like there's a lot more opportunity at risk.
But the opportunity, like it's endless.
And that's why I mentioned like a new token from Tempe
like I was just talking about.
You know, but I'm still going to stick around in mind, you know,
with Quantum, like I was talking about Adrian being a partner over there.
Like some of these things, you just got to do it.
Like you got to follow through with the basics and then look for the gems.
Follow through with the basics.
You're really pumping Quantum today.
I wish I was getting paid out.
I'm pretty open about this stuff.
Like I'm not shilling anybody else's bags.
One Adrian because Adrian I think gets something too.
Well, I feel like there's different perspectives for sure.
I mean, a theory that I thought that, you know, kind of was like why this even
happened was because the Jupiter airdrop actually people think that it actually
put a lot of capacity testing on the Solana network.
So the chain had over 600,000 people at the same time at the time of the airdrop.
And it went down for an hour.
So if you're a Solana maxi in your opinion, that kind of looks not too bad.
But in my opinion, you know, being a Solana fan, I think that they need to do
The chain isn't a new chain anymore.
It's not in beta mode anymore.
Lots of money is going into it.
And, you know, it's just not games anymore.
I feel like reality is institutions, corporations, they're not going to want
to trust to build on something that might go down and, you know, prone to
I know that, you know, a reason that action mentioned it was going down so
And I know that, you know, the thing that they did that helped with it, that
stopped it, that going down so much.
And why was it going down?
Because the fee was so low that you can attack it with billions and billions of
transactions at the same time.
So as a solution, they came up with the localized fee market so that every
application would kind of have a localized fee market and it wouldn't be able to
So when they implemented this, you know, we thought that they solved the problem
of Solana going down, but now it feels like there is more problems.
So I think they just need to do better at this point.
I still like the tech, but I would love to hear from Randy as well.
I know, Randy, you're probably not going to be a fan of this.
I thought it was FCX is no longer around.
So, you know, I have like, you know, basically the opposite kind of opinion,
which I think is kind of cool because, you know, everyone has their different
You know, my perspective is if people, you know, we're tokenizing things,
tokenization is the future.
And if people have gaming assets that are worth thousands of dollars or real
estate deeds or medical information that is on this blockchain and they have to
And if they wake up one morning and they need this valuable information or they
need to move their assets and it's not available, that's a huge issue.
If you're trading on Solana, you're trading these meme coins.
Obviously you can't trade them and you can't make any profit if the thing doesn't
But if it does turn back on, how many times is it going to go down before the
devs tell you that they can't turn it back on?
My other thing is if you're here for money and making money, it sounds great.
But depending on what country you're in, like, you know, if you're making
profits off of trading, one, you're putting it in the bank.
There's a global financial crisis.
NYCV is on the verge of failure.
We had five bank failures in the United States last year.
You wake up in your bank sales and you can't get into your magical little
It just doesn't work out.
And then you have the whole fiat thing, right?
If you're in a country like, let's say, Argentina that has triple digit
inflation, then if you're trading and making profits and putting it back into
your fiat currency, it's devalued almost instantly.
It's a little slower in the United States and other first world countries, but
it's still something that's valid, that people are trading, they're making
profits, they're putting it in the bank and their fiat's being devalued.
So in my opinion, I'm the complete opposite.
I'm here for peer to peer interactions, censorship resistant
transactions, cross border, and most importantly, not having something
that's going to be devalued and has a finite supply like Bitcoin with 21
million, Litecoin with 84 million, and something, again, that's reliable.
Litecoin is the longest running blockchain with no downtime.
So, yeah, those are my opinions.
But man, y'all got to send Randy an L7 just for that comment right there.
You guys, I'm not going off me because Michael jump in Gary jump in anytime
Don't you don't have to raise hands.
I have some issues with Solana.
Randy made some really good commentary.
And again, it goes to like the philosophy of the individual.
I think like you can say, your portfolio needs to be very conservative
because you're a different place in life.
You're less risk taking or whatever it is, as far as your psychology.
You can say that you're in cryptocurrency just to, you know, like I said, be
a profit maximalist, no matter the volatility.
So it goes to the perspective.
The idea in my mind about Solana is VC and, you know, FTX and the history of
it going, you know, turned off manually or turned off by accident or by code
But like you see price performance, people that bought dips made money.
People that, you know, I think that the Chymath and the three billionaire guys
that make their stream constantly, they talk about buying at $10 and selling
So like, you know, they make their money.
And that's part of the idea is, is it centralized enough that it can be a
stand in for the New York Stock Exchange?
So I've heard narratives around Solana would be the blockchain choice.
Coinbase may be the holder for ETF money and as far as coins and things like
So that's centralized that Solana has this ability to transact for Visa,
Like these things already have circuit breakers.
The New York Stock Exchange, if it drops a certain percentage, then it gets
People don't have an issue really with that.
Or they'll do outside trading.
So like there's going to be a narrative.
There's going to be differentiation across all the different blockchain choices
If you like Bitcoin for certain characteristics, I would like if you guys
do end up talking about Monero being delisted from Binance.
That was a highlight yesterday with Seth, which is mind your biz, you know,
basically making that point in relationship just a lot.
Like you're going to choose the flavor that you like because your the
characteristics or your philosophy supports it.
And, you know, that's another thing about philosophy, Gary, that like I think
is pretty like in one way or another hypocritical from a lot of the exchanges
that are delisting things like Monero.
And, you know, you can argue whatever.
But privacy is a basic human right.
And I feel like everyone should be entitled to that.
And like if you look at the standards of Binance and they were talking about
like providing a good environment for the community network stability,
if they really cared about standards, then why didn't they delist Solana for
going down 11 or 12 times?
You know, like if they really cared about standards, they would hold every other
cryptocurrency on their platform up to that standard.
To me, it just seems like an attack on privacy and an attack on your rights.
Guys, I'd like to jump in real quick.
In our final five to 10 minutes, I want to leave this community, the audience
right here with the most alpha possible.
You know, I want to encourage everybody in our audience to follow Gary, Randy,
Tina, Michael, CryptoBurb action.
Thank you guys all for being with us this past hour.
So the question I want to put out to you, but you know, you could take it in any
Can you give us any sort of alpha, even D gen alpha, even like airdrop alpha or
Maybe if you're more trader oriented, do something with that.
But, you know, as we get to everybody's final statements, leave the community
I feel like this is speaking to me.
A quick thing on the Jupiter thing.
So Jupiter was selling in open market.
So it was basically like an all public sale.
So that's why like the price of it jumped like 60 percent.
It's just because the team was liquidating while the market was going up.
So there's some issues there.
But in terms of alpha, I mean, give some context.
I was previously in Karma DAO back in 2020 when Shiba Inu was actually being
And so I kind of do know some of the founders and, you know, we're not going to
But there's a brand new L2 that's coming out called Ryoshi Network.
It's supposed to combat Shiberium.
Shiberium has a little bit of drama.
But this one's going to be it's going to be a polygon CDK chain that's going to
utilize Shiba Inu as gas and Shiba Inu is actually going to be burnt as part of
You're talking about a new L2 for Shiba Inu.
So it's finally able to because like the first portion is like Shiberium is like
Bone and leash was used to be a fuel in the ecosystem.
The big thing was that the burns were actually something that everyone wanted.
The burns actually over time just started not really starting to get burnt.
Like it was just starting to be held in the walls and then everyone started
But this one, every transaction will actually burn Shiba Inu.
So portion of it gets burnt.
Portion of it is used as gas fee.
So it makes it to where Shiba Inu is more utilized within the ecosystem and it's
Is the alpha for the Shiba Inu token specifically or for the token that this L2
That already pumped, I think, right?
Shiba's in like the top 18 or so.
The token hasn't, the other token, the governance token hasn't came out yet.
So everyone's kind of like waiting on that side.
Is that the alpha though that like there's opportunity in this new L2?
Well, yeah, because like if you look at every time that a L2 comes out,
L2 always has like multiple, multiple faucets that come out.
So like the, if you look at like, let's say for example, you're going to need a
DEX, you're going to need an NFT marketplace.
You're going to need to have aggregators.
You're going to have to have a DeFi ecosystem be built out of it.
From there, there's always arbitrage opportunities for arbitraging on-chain,
but then there's also opportunities for yield farming.
Yield farming was probably the only way that DEXs are able to compete against
centralized exchanges with liquidity.
So having it to where you're going through the yield farming phase,
you're going through the meme coin phase as well.
Like Shiba Inu is one of the top memes, meme tokens in the world behind Dogecoin.
So I would say with that ecosystem having it EVM compatible,
you're able to now have other, I would say like it's going to be a meme frenzy
of tokens being launched.
But every brand new L2 has that happened, right?
Like even if you're looking at some of the ones on Solana, like you look at Anilos,
you look at Bonk and then you look at Knob.
I see. I see you're saying the ecosystem in general, there's going to be new.
Michael, I feel like you're holding out the good stuff.
Action said you had some alpha for airdrops.
I did. Yeah, he always has them.
I don't know what you're farming. I don't know.
Injective. I think Injective, there was a TYM dimension just kind of like had their airdrop.
There's another one that I just came across today.
It's from the Cosmos ecosystem.
And they're doing like a...
Nibiru chain is what you're thinking about.
That's Tempe, bro. I'm glad you found it.
Dude, that was an intended show. Don't mess me up.
Thank you, Michael. Thank you.
Let's open it up to maybe Action if you have something different or Gary or Randy or Burb.
I think you got to keep it simple, right?
Like that's the whole thing.
I think that when I started doing the whole farming of airdrops,
the reason why I was profitable in it is because I didn't overcomplicate it.
And it's real easy for anybody in the space that's just trying to get started with airdrops or anything.
Just trying to make money.
And when you say farming the airdrop, is that simply using the chain to hope for airdrop in the future?
A little bit more than that.
So like holding other specific tokens that qualify you for airdrops.
Right Chain, for example, I freaking love Right Chain because of that.
Being in that platform has allowed me to farm a lot of different things.
So it's just getting connected, like finding out that there is more to the space than just numbers.
But that social aspect of it does matter sometimes.
And it's not what the charts will show.
It's why sometimes the charts will move.
It's because they're deploying things that will get that exposure.
I mean, look at KULO, what they did with Polygon.
It's like incredible how many people they were able to airdrop to.
Like that stuff makes a difference.
And the sentiment changes when you're able to get that kind of exposure.
And it's just exciting to see that even us dum-dums that can't read charts like Adrian can sometimes win by looking at a social aspect of things.
I'm the dum-dum, by the way.
Just putting that up there.
How did the KULO airdrop work in brief? I don't understand.
They identified a few token holders, like if you ever transact with a few different places.
And they did the biggest airdrop in Polygon history, basically, is what happened there.
And if you had interacted with a few different tokens, they were able to capture your wallet address.
And all of a sudden, you got KULO.
I don't have a list of that.
I mean, Moondaddy would be the one to kind of go through that in Seth.
Is Moondaddy a founder of KULO?
Yeah. So we'll either see him beat somebody up or get punched in the face very soon as well.
I think another piece of how you said biggest airdrop in Polygon history.
I think there's another one that's probably going to be coming up shortly that will probably outpace us.
I completely agree. And that's the thing.
If you understand the narrative and how this works, you're going to be looking out for that.
They did do a really cool thing.
Now people are going to try to beat it.
And that's what I want to see because when that happens, we all win.
Yeah, there's one that's been anticipating for about a month.
What's the project project?
Just let Michael say the name of the project and we'll go to Gary.
They've been doing some crazy stuff in terms of killing bots and rewarding the community and everything.
But it's supposed to aggregate six communities together.
And they're going to be able to do an airdrop to KULO.
I think it was KULO, Squidrow.
There's like six of them that they're going to be airdropping to their community.
And Hen, take a look at what's next to Michael's name.
Oh, Polydodge, Sayin' Pepe.
These are all the projects Michael was working with.
I'm a Polygot next to you.
He only picks the best. Gary, you go.
Yeah, thanks again for hosting this space.
I always like this dialogue.
Everyone having their perspective as far as like TA, the reference points of the crypto industry of Bitcoin or Ethereum.
And then all the derivatives, the people that are on the frontier taking the most risk of getting shot with an arrow.
Like you're like, oh, no, I shouldn't have done that land claim.
It was a hostile territory.
So I like that everyone kind of brings their perspective to the space.
As far as like, I don't know if it's alpha.
People know that I like Pulse Chain.
I think about 10 percent of my portfolio is Bitcoin.
Probably about 40 percent is Ethereum.
So like just because I talk about Pulse Chain itself doesn't mean that I'm a maxi.
I try to be a bridge across all the different industries.
I like that when I bought Ethereum, it was like $80, $75 or $80.
I think the lowest purchase for Bitcoin is like $3,300 or $3,400, something like that.
So I haven't been in this industry that long, just in other instruments outside of cryptocurrency.
But I do like that everything that's on Ethereum, as far as its Lindy effect,
everything that has some use case of a DEX or Liquidy or NFTs or whatever exists on Pulse Chain.
And I like the new builders that basically don't have the favoritism from Richard,
like these composable NFTs and leverage platforms and things like that that he usually rails against.
They're still building. They're building their permission lists and getting traction.
So 200 or so products or platforms are on that particular chain.
And I think it's kind of the same narrative as going to an L2 or anything else.
What's great is there's no bridge costs.
If people are bringing a capital across, then they're bringing it for free versus L2s.
And I think that basing it on Ethereum's seven or eight year developer history is a good thing.
So that's where I'm sticking out on my Alpha.
What's up, Tina? Aaron, what's good?
I missed you guys too, man.
Been a little bit busy, been a little bit busy.
But let's drop some Alpha.
Y'all remember the Alpha I dropped last time, right?
How could we forget? It's been ringing my ears from the day for days.
So, in addition to that, Deco, to the Stax ecosystem, you ready?
Deco, D-I-K-O, that is going to be another self-repaying loan platform.
Not so much competition to the Alex platform, but still fairly new.
This is in the Bitcoin ecosystem, more specifically the Stax ecosystem.
That's correct. Stax layer to a Bitcoin. You got it.
There's also another swap site. It's STSW. It's called StaxSwap.
It's got, I mean, little liquidity, right,
compared to the rest of the Ethereum ecosystem,
but compared to the rest of the chains, forget it.
ORNJ, it's a DeFi solution with a wallet.
Now, that is a Bitcoin. That's the actual ordinal.
And then the final one, Rabi, which is a pure wallet play,
still doesn't have a token. So, if you download it, it's R-A-B-B-Y,
the Rabi wallet. It supports, I think it's almost,
they're up to 100 chains now, both Mainnet and Testnet.
For the average, you know, Joe or Jane,
you're probably going to be good with that one.
And you actually get to no more revoke.cash.
You can actually revoke permissions directly from this wallet.
It's kind of integrated, which is cool.
And again, they have not done an airdrop yet.
So, the more you use this thing, the more points you rack up,
maybe you get yourself an airdrop. Boom. Thank you.
Thank you. Good alpha, sir. Adrian, I want to go to you
before we close this space. Any alpha you can give us?
Only beta. Only beta and sigma, this time.
It's market technicals that drive the sentiment.
Sentiment is a result of what people see in the charts,
not the other way around, right?
It's people getting bullish because they see charts,
not charts getting bullish because people see things.
Eventually, one turns into another.
However, the source of it is that because rely on benchmarks,
rely on what they see, rely on different opinions,
and this is how they build their own opinion.
This is irrational work we live in.
And so, relying on the charts basically sets us apart
six to nine months ahead of everybody,
ahead of every other business,
ahead of everybody, media outlet, and so on.
Anybody who don't use charts are missing out six to nine months
that at times on crypto are asymmetrically and geometrically expensive.
And my good friend, Yona, is here as well,
who is an excellent, excellent chart.
Make sure you guys follow him as well as Gary.
So, another thing is the momentum principle.
And the outperforming assets will continue to outperform more likely than not,
which means that you do not want to fight the trend.
And when there is a trend, and the trend goes 200% or 192%
for Bitcoin from the lows, you don't want to encounter traders.
If Solana bumps 12x, 1,000%, 1,200%, whatever that is,
of the lows, you don't want to trade against that, right?
Because it's basically like a speeding truck that is going to run you over.
So, this is just a terrible take. It's just a bad take.
So, trend following is the most profitable.
And last but not least, Warren Buffett once said that
the best investment you can make is investment in yourself
because the more you learn, the more you will earn.
That's where I live by it.
That's where I preach, that it's where I practice.
Shout out to Randy, Gary, Action Dave, everybody.
And thanks to the incredible hosts as well.
Thank you. Thank you for coming.
It's been great to hear your perspective.
And you guys, we have such a diverse panel today.
This is what I love, just different ideas, different thoughts.
And then you can make your own decisions.
Randy, I would love to get one last take from you.
Any alpha you can give the audience.
Alpha is being your own bank and looking into wallets
that you can store your crypto in because if you're not a trader
and you're just keeping your crypto on the exchange,
you're basically trusting like a bank.
And the reason why we're in crypto is to be our own bank.
So, if you haven't yet, make sure you take crypto off of the exchange.
You can always send it back if you're just storing it long-term.
Always look at open source wallets.
I think that's a huge thing right now.
And making sure that you never click any links that are suspicious.
Don't answer any text message links, any email links.
There's a lot of phishing going around right now.
Don't connect your Twitter to connect as minimal things as possible
because what I'm seeing a lot with Xhacks right now
is people clicking on third-party links, connecting their X account.
And then from there, they're able to get in and tweet whatever they want
and potentially lock you out.
So, make sure you guys look at your connected sessions.
Make sure you guys look at delegate access on your X as well.
Make sure no one else is able to write tweets for you.
So, I think that's my biggest piece of alpha right now.
Just keep calm, hot along, stay zesty.
You guys want to check me out.
I'm live every morning, Monday through Friday at 9.45 a.m. Eastern
for The Daily Zest on YouTube, X, and everywhere else.
So, make sure you guys follow.
I don't know if any... Can the host make a comment?
Just add on to what Randy said.
Is it a best answers that just got his Twitter hacked?
Was that something about YubiKey?
You may have like a quick answer to that.
So, basically I know that invest answers got hacked
and I think it was because of a third party from the people I was talking to
and Jason Yanowitz from Blockwerk, same thing.
I got compromised and I think that was the reason as well
because if somebody has a connected session or whatever,
let's say you connect to a website to enter a giveaway
or something like that and you never disconnect.
It's like the same thing with your MetaMask
where you're logged on to OpenSea.
You're always going to disconnect that session after on your MetaMask
to make sure there are no permissions given.
It's the same exact thing on X.
So, if you have someone that's connected to a third party
or you give them delegate access, that bypasses your 2FA.
So, it doesn't matter what kind of security you have on your account.
If somebody's connected, if there's an app connected, that's it.
Dave, action. Any words? Any last words?
We actually got one more play for you.
We spoke to a Swiss gigabrain this morning in the real world asset space.
This one I think is, look, NFA, blah, blah, blah, all those disclaimers.
It's called SuperState, S-U-P-E-R-S-T-A-T-E.
It's founded by a guy named Robert Leshner.
For those that are geeks, you know that Robert Leshner
was the one who founded Compound Finance back in 2017.
This is the new venture. Just found out this morning.
I don't have much more just right now, but no token as of yet,
but they do have a contract address. SuperState.
Yeah, that's all I got for you.
Thank you. And Aaron, actually, let's throw it to you.
Let's throw it to our host. What alpha do you have for us?
All right. This will be the final piece of alpha.
I do just want to say again, thank you everybody for being a part of this space.
Thank you for the kind words, Burb, and everybody.
I would like to kind of piggyback off what CryptoBurb was saying.
One of the things he said was the trend is your friend.
He's talking about the trend of the charts.
I would say the trend in narratives is your friend too.
There's certain narratives that just last a cycle or a cycle or two.
They're largely gone after that.
Not that DeFi is still more than a trend,
but like you guys remember in 2020 when DeFi summer was the trend
and then in 2021 NFTs, you could say for this past year,
airdrops certainly been a big trend.
And whatever it is, I think just what's worked for me
the way I've made most money in crypto,
not only sticking around, doing just as much work and studying
and taking just as much actions in the down times,
kind of like where we're in today.
It was very easy to be in crypto in December and January
running up to the ETF hype.
A little bit harder nowadays.
I suspect the people who are listening to this space
don't have a problem with this,
but it's certainly very hard to be in crypto a year ago or two years ago.
The trend is your friend with the narrative is the way I've made
the most money is not being too against these trends.
It's very easy to be like, this is stupid.
This is new, but just kind of like experimenting with them,
I've certainly, you know, made some good money that way.
And just overall, you know, making sure within the cycle,
especially if this is one of your first cycles, you know,
have a plan to realize some profits.
You don't want to go through the entire cycle realizing no profits
or maybe your goal is I want to increase my Bitcoin stack
or Ethereum stack or whatever it is.
Just make sure you have a goal.
And, you know, that's my alpha, guys.
Thank you so much for coming on the space today.
We do this space every Thursday, typically at 5 p.m.,
8 p.m. Eastern time, 8 p.m. Eastern time on Thursdays.
Today we did a little bit earlier.
Next week, actually, we'll probably be doing it like late at night.
You guys were collabing with people from all over the world,
so it gets tough to get new speakers for you if we don't change the time.
So next week, actually, we have a great speaker coming on, Aaron,
and it's probably going to be late at night, just so you know.
All right. Let's keep it a secret, though.
This is a huge, huge speaker.
Next week it's going to be our huge guest.
But anyways, we'll see you next week, guys.
It's been an amazing hour, you guys.
Thank you, the speakers, for providing insights.
We love hearing from you.
You never know who you're going to connect with, network with, build with.
Hell, I met CryptoVerb on the Polygon space last week,
So thank you, guys, and thank you so much to the speakers for coming.
Have an amazing rest of your day, wherever you are around the world.