Projects
![]()
No projects found
Investors
New
DAO Treasuries
DATs
Lend / Borrow APRs
Chains
Categories
Spaces
WEEKEND PREP $BTC MARKETS WRAPPING UP THE WEEK? Cryptopulse
Recorded: Aug. 15, 2025 Duration: 0:59:18Space Recording
Short Summary
In a lively discussion, crypto enthusiasts explored Bitcoin's current price growth, emerging trends in digital assets, and significant institutional adoption, including El Salvador's Bitcoin bank and new regulations allowing crypto in 401ks. The conversation highlighted the importance of strategic trading plans and the cyclical nature of the market as participants prepare for potential volatility ahead.
Full Transcription
you Thank you. Music I'm going to go to the next video. all right what's going on everybody welcome to wolf happy friday out there it's good to see
everyone out there glad we all made it to the end of the week we got bitcoin sitting here just above
117 000 it's been a pretty crazy wild ride the last couple of days.
All sorts of announcements that people were definitely not expecting, but potentially people
were ready for some type of manipulation up, down, left, right. And then all over again,
a couple of days later. And we saw Scott Bessent walking back his statements after like an hour
saying, hey, we're not going to be buying Bitcoin. And then he walks it back and says, well, we're going to find some bunch of neutral ways, actually.
We actually – maybe I misspoke and maybe I didn't exactly say it the way I meant to say it.
So Bitcoin recovers a little bit, then it drops down.
And so definitely an interesting time to be alive.
Be curious to see what kind of things people are paying attention to, whether or not they're paying attention to the charts of Bitcoin or trading,
or if there's a sector of crypto that you're paying attention to more,
or you think that there was something you want to zoom in on that you noticed that was coming out of the White House or something like that.
Be curious to see what kind of things you guys are paying attention to.
So excited to get in the conversation.
If you haven't already, please do retweet the space, tag a friend.
We're going to start here in just a second.
I'll pass it over to Tropic, discuss some overall thoughts from him on how you're doing today, brother.
How's it going?
Yeah, I'm doing great.
Yeah, I have no complaints whatsoever.
Yeah, as far as the whole Bitcoin thing, it's funny because in a bunch of spaces and conversations
with people offline, I've been saying that if you notice, they're talking a lot about
digital assets.
They're talking a lot about stable coins and all these other things, but they're really not
mentioning Bitcoin. So to see that come out and then, you know, the knee jerk reaction to me,
it was like, okay, whatever. Like it didn't really surprise me, but then the backpedal is what
actually surprised me more than anything. So we'll see where that goes.
Overall, one thing I will say without going down this rabbit hole is that they want the dollar dominance to continue and so forth. And the best way to do that, honestly, it's through stable coins because they're going to export out the debt to everyone else that wants dollars
so i mean they have a uh what's the saying like you know show me the motive and or what the
incentive whatever it is you see the income whatever charlie monger i'm totally butchering
it anybody knows it i mean it's like one of those things that's everywhere and the motive and the
the incentive is definitely there to uh you know, push the dollar and stable coins and exporting the debt.
Because you need someone to buy that stuff.
So, you know, at the end of the day, yeah, I think Bitcoin obviously is not going anywhere because the individual, the sovereign person is going to push it.
But as far as where the government goes, I think it's just another political thing that they're throwing up there.
the government goes, I think it's just another political thing that they're throwing up there.
But other than that, I would say, without getting all into the weeds with news and all that,
if this war supposedly comes to an end with Russia, what do you call it, Ukraine, of course,
Putin and Trump are meeting today, really, on the surface, it actually changes nothing
as far as how business
goes, how the charts go and everything. But it always just cracks me up how like something like
that, if there is news, it just overreacts in one direction or the other. So we'll see where that
goes. I think it's absolutely hilarious how the market kind of reacts to different things, which
really has nothing to do with the price of the underlying thing but you know it has to go somewhere right
yeah definitely exactly i see you throwing some reactions up i'll jump over to you how's it going
man good to have you in the space yeah gmg agn great to be here as always what's up everybody
it's your boy zet aka meta zet because if you met me you met is that that's right it's crypto pulse
amen is that because if you met me you met is that that's right it's crypto pulse best crypto
spaces of the week uh so stoked to be here and i love what you're talking about tropic it's it's
so funny in my opinion it's the most roller coaster ass bull market ever and i think i've decided i'm
just gonna swing trade everything like just like every time the market goes up, I'm going to dump. And then every time it goes back down, which is inevitable, I am going to buy all in.
Is that bits of wealth?
Is that bits of wealth I'm hearing on this?
Is this Zet or is this bits of wealth that I'm hearing?
I'm finally learning.
I'm finally picking up.
This is incredible.
Been finally picking up some things around here.
The funny thing is, though, I guarantee you the minute I do that, we finally finally finally in up only mode and i'm sidelined uh completely sidelined with with my
little bits of wealth like literally um but hey i really am picking up bits bits of gems of
knowledge wealth in that sense so grateful to be here with all these legends yeah yes hey i got you
know i'm a dad so i got you know dad jokes and puns all day but uh on the note of like the volatility
and everything i mean i think we saw that big dump because of cpi and everything and and one
of my favorite posts was um oh i forget who who i see beast and it was like yeah so we we had news that inflation is
way higher than expected so let's go ahead and dump our uh assets that we bought as a hedge
against inflation makes sense you know something to that effect but uh yeah so i just love uh
love love it here it's the most bipolar ass place in the world. But you know, you got to be a little crazy to play in this playground
You know, so so welcome in once you're in you can't leave type thing this circus. So but happy to be here. Oh
Yeah, I'll super sense. Yeah, once you're here you are stuck
Stuck, brother.
Brother whether you'd like it or not you are stuck
Whether you like it or not, you are stuck.
I love that take.
There's that.
And very cool.
I mean, look, that was – I mean, Bits, that's quite literally the reason of the market talk spaces ideally is that people go from total noob on the charts, have no clue what it says or means to being like, okay, I'm not panicking when I see this chart go red for once because I maybe have a little bit of context on what's going on this time around.
So, Bits, maybe I'll throw the mic over to you. I mean, that's pretty cool to hear.
Yeah, it probably means we're about to send, though, and that's going to be sidelines,
if we're being honest. That's what it sounds like to me, actually.
But it's still good. It's still good.
It's still good. It's still good. Yeah, yeah. There's still some bits of wealth and learning
in that as well. No, look, it's funny, but he brings up a good point, uh, of wealth and learning in that as well. So, um, no, look, it's, uh, it's funny,
but he brings up a good point though, that sometimes, um, you know, that in itself is
kind of like that capitulation behavior a little bit, right? Because it's like people get to a
point where there's like a frustration and they'll start doing some stuff that they maybe weren't
doing before. Right. And, and a lot of times it might be the right actions that they pick up, but they pick it up so late cycle, so late stage just because
of that frustration or whatever. It's literally the same reason that people like sell the Pico
bottom and buy the Pico top, right? So no, look, I think you're on the right path, man. I think
like what I kind of took away from that is you um, you're, you're kind of having a moment of, um, of like maybe being a little bit more open
to diversifying a skillset. Right. And, and I think in the beginning it's like, don't,
don't commit all a hundred percent to it. Don't go all in right. Kind of ease into it
and, uh, don't overexpose yourself in, in, in that sense. Um, I can't believe I'm telling you
to just kind of hold, but, um, I'm telling you to kind of like, don't, don't go too crazy just
because, um, like I said, the most bipolar ass place in the world. I love it. Don't listen to
them. Go all in full part. No, no, no. Look, um, you know, cause then what happens is, um,
and I've seen this way too many times, right?
It's like people that have been holding and they've been doing good all cycle and then they decide to become traders like in the last month of it or whatever.
And they just wreck themselves and they basically wreck all of the progress that they made the entire cycle by by holding through all the ups and all the downs.
So that's all I'm trying to tell you, man, is like if you're going to do some trading, make it like 10% of your total bag, like make it something small that if you lose
it, it's not, it's not a big deal, but the lessons you're going to learn with that 10%,
it could be really valuable, you know? Yeah. I actually plan to do just that,
like take a little profits off the table and, then you trade off of that and i'm i'm
looking to do perps do you you know you play with leverage is that the way to go yep start and i'm
probably gonna go to coinbase or yeah actually start with like 2x or 3x no more than that man
if you can't make money on low leverage then you've got no business touching the the higher
stuff to be honest i know there's like and, leverage is just a tool, honestly. Like it should be based on what your risk tolerance is,
but it's just really easy, man. It's an addictive thing. It's like the casino, right? It's a casino.
So you, you know, I saw a quote from someone earlier that said, it doesn't matter how up you
were while you were at the casino, It matters what you walk out with.
And a lot of people get really caught up with how up they are and not worried about what they're going to walk out with.
Yeah, that's some great advice there, Bits, I would say.
Yeah, the conversation around leverage is just so nuanced because half the people listening know what leverage is and half the people have heard of leverage, but they don't know what it is.
So they assume leverage just means like extra gambling. It's like it's not extra gambling it's not even close to that it's not even remotely close to that explanation so uh no it's
worth that's worth bringing up and actually this i'm just gonna say maybe for people who are
listening if you wanted to give like the 30 second quick blurb on what's leverage trading actually
is versus compared to what maybe people think it is. Maybe that would be helpful as well for people who are listening.
It's just a way to basically take on greater position sizing and therefore greater risk
with smaller margin, right? So like you could take, you know, a dollar and trade it with 100x
leverage and you're 100xing that dollar's ability to go out and, um, either lose or win from the market.
Right.
Like the correct way to do the leverage, right.
Or at least the way I see it and the way I've seen other people, um,
that also kind of agree with this is you,
you kind of have to decide like, what are you willing to lose? Right.
So when you're starting off, like, let's say to start off,
you're only willing to lose, I don't 20 bucks per per trade right like let's say that's
like i'm only willing to lose 20 bucks per trade and that's it so you you then need to use the
leverage and the position sizing to hit that 20 right as like your max risk so you basically like
reverse engineer it in that sense so if you say okay, okay, here's my entry price, here's where I'm wrong, right? So like, let's say you say I'm getting in
at 50 cents. And if it goes down to 40 cents, I'm wrong. I want to get out, right? So now you
understand your entry and your get out price, right? And ideally it's not a liquidation. Ideally,
that's like a stop loss, right? A lot of people say at 40 cents, I wanted to liquidate it entirely.
I don't like that. I get some people do that. I don't like that. I'd rather you say,
I'm getting in at 50 cents at 40 cents. I'm wrong. And I want to get out and I'm only willing to
lose 10 bucks, 20 bucks, like whatever you're playing with. And maybe that's $10,000 you're
willing to lose if you're wrong. Like whatever you just scale that right but you say okay at 40
cents i want to get out so therefore you can then build your position size using leverage to to to
scale so that at the 40 cents where you're trying to get out it's it's that it's that loss amount
that you're trying to hit right because that's the only thing you can really control.
Hopefully that makes sense.
But like when you're trading,
you can't really control that if you're going to win
or you're going to lose.
You can't control how far price is going to go up.
All you can control is how much am I willing to lose?
And that's the one thing that you need to have crystal clear
before you even take the trade is I'm taking this trade.
Worst case, I'm going to lose X amount.
Best case, maybe I make double that whatever right
boom boom love that yeah let me know if you want to ever jump onto that we can talk about it a
little bit more yeah it's a great idea i highly recommend it i've said i've sat on a few different
streams with bits and it's generally good even if you don't learn ta right there on the spot
uh it's just generally good to sit on with people with that experience. I totally agree.
And it's fun.
Fun conversations.
I'll tell you that.
Me and Bits have pulled back the charts on many, many decades just to see what happens.
Like, oh, 1970 just happened on December 1st.
It's like, what?
Why would that matter?
It's like, I don't know.
It might be.
It might be important.
Maybe there's some things to think about.
So I think it's a fascinating topic.
It's pretty cool that you're on that journey as well.
So cool stuff, man. Let me throw it over to Mr. Prometheus. See what the guy over there is
thinking. Wants to weigh in on the conversation, things you're paying attention to in the markets,
things like that. How's it going? Hey, Kate. Happy Friday, CryptoPulse. It's going good.
Great to see you and Moby and everybody here no I'm just like chilling I think
that this is been a very volatile week obviously you know Bitcoin going up to
all-time highs a hundred and twenty five K you know we've had you know ETH come
to it near its all-time highs as well uh four trillion
dollar market cap so from just a pure macro perspective like this in industry is winning
hard right now um institutional adoption wise you know we had el salvador announce uh a Bitcoin bank, which I think is going to be very helpful in our space.
We've had more and more treasury companies, like treasuries being built in crypto,
companies like Sharplink Gaming and others.
We're also seeing not just Bitcoin treasuries, but each treasury based companies massively, you know, adopt and grow as well.
But no, generally, I think, you know, and oh, yeah, the big one, which I almost forgot. trump's executive order uh that allows 401ks to have uh crypto exposure which i think is like
thank thank i wanted to say thank f but yeah like thank finally that they're able to uh they're able
to have some crypto and btc exposure because you know those things have been losing money for quite
some time now and locked up in a lot of these stratify, you know, private equity, whatever
plays. Private equity, by the way, is in a lot of trouble. Like it is, it's barely clinging
on by its fingernails at this point. They're basically, you know, selling to each other
through something called secondary swaps, which I'm not going to get into right now.
But, you know, there's a lot of funny business going on to basically keep them alive. Meanwhile, BTC actual hard money is pumping, you know,
harder than ever before. And so I think, you know, the world is just waking up to, you know,
what, what this industry, what we truly are as a sector of the economy. I believe we're the only real sector
as things continue to automate
that's going to be able to perpetually hire people
because we're going to just continue to grow and scale.
Cryptocurrency literally can save the world.
So how about that for an initial set of thoughts?
Wow, all right.
Kicking it open.
I love to see it.
Samithi's always coming through, the higher take.
I actually really enjoyed that take.
I'm curious to see if actually any of the people on the panel have any thoughts.
I saw Noah actually joined up a few minutes ago,
so I want to make sure we head over to the main co-host himself.
Noah, how's it going, brother? Hey, what's going on, man? Yeah, I had a question for bits. Noah actually joined up a few minutes ago, so I want to make sure we head over to the main co-host himself.
Noah, how's it going, brother?
Hey, what's going on, man?
Yeah, I had a question for Bits.
I don't mess with leverage, or I guess I don't mess with leverage on exchanges or interfaces like Hyperliquid where you have $100,000 worth of Bitcoin in Aave, and then you borrow $50,000 against that, and then you buy more Bitcoin, and then you stake that.
How much am I leveraging there? Is that less than a 2x?
I'm always trying to wrap my head around what a 2x or a 5x or a 10x actually means in terms of how much money you're risking.
What was your starting balance?
I'm just giving a sample balance, right?
So you have one Bitcoin, or I guess now Bitcoin's 120 or whatever.
So you have $100,000 worth of Bitcoin.
And you borrow $ 50k against that and then you're borrowing against uh roughly half half the value yeah
right and then you buy more bitcoin with that at the same price and then you you like and then you
restate that and so so you'd buy you you're adding another 50k of BTC that you bought when you borrowed.
Yeah, well, after you subtract your borrow, right, your net value, your nav is going to be just that 50K off of the original 100.
And then you're adding back 50, but you still – yeah, I think technically your nav is going to be – if I'm thinking about this correctly, your nav is still 50K at that point, even though you technically have 150 because you've got 50 that you've borrowed against that, right? Right. I was just curious to get an understanding of what that necessarily meant.
Because I know people that loop on Aave, and I was curious to compare that leverage with actually selecting a 10x or 5x on a SX.
Yeah, I mean, on a central exchange, it's a little easier because you're just dealing with like USD right most of the the leverage side and the
perpetual side is all based on USD or USDT right if we're being correct on
Aave it'll get a little trickier because you're basically dealing with that you're
dealing with a nav so you're just doing nav calculations on like what's my what's
the net value of my actual position so you you know you've got a hundred K or
whatever but you're deducting the theK that you're going to borrow,
and you're going to put that back in.
So technically, at the end of the day, I mean, you're really just on the line for that 50K,
even though you're going to have 100 and you technically have...
No, no, you're back at breakeven because you're just buying that same value back.
Well, if I could just chime in on that in terms of like if you want to get perpetually scaling capital right that you were like using looping on ave this is what i do and
this is a big freaking alpha that i'm sharing with you guys um All you do is you take a freaking loan
and then you put it on Cosmos or staking systems
that have well over the interest rate in terms of staking.
So Cosmos gives you a 21% API
and you're always just, you're paying back the loan
and you're always making money on top.
And so the base capital is always growing
in scale. So that's, yeah, that's something that I did. Yeah. Like the, I think the, the,
what you really have to think about there is like, once you, once you borrow, then you're
basically just adding the, the gain, the yield from that borrowed amount back to your, back to
your nav, right right and you're just
increasing your your base value over time so but the same thing can happen on the inverse right
like if uh if you're borrowing and then btc goes down 10 percent um then your nav also is going to
reflect that right even if you're over even if you're technically over on btc because you bought
more with the borrow um but if you're down 10%, you're going to
see that on both sides. Yeah. Yeah. I'll be cool. It can get tricky too, though. Like I've seen a
lot of people, I mean, it really just reminds me of back in the day with like Terra Luna anchor
protocol. There was some people running some mad spreadsheets on how they were basically just like
leveraging, max leveraging on some of that stuff.
And you get to a point where like a small move in the market
can really go against you.
Definitely, definitely.
No, super important.
Great question there, Noah, as well.
I think there's probably a few people in the audience
maybe who were wondering some of those things.
So glad you brought those up.
Let me throw it over to, I haven't heard from Nat Nat Nat and they would love to get Brooke into the conversation as well.
I think she just jumped back up here. So Nat, I'll throw you the mic. How's it going?
It's going well. What a week. What a week. It has been crazy, volatile. We started with,
yes, thank you, God, to, oh my God, why didn't I take profits, right?
It's the same message across the board.
We see it on the Trapi side too.
Things change.
This is why these reports, these economic reports, the data is so important because
it was all smooth saving until we hit these little bumps in the road.
I believe it was a Monday or Tuesday.
I mentioned I was cautiously bullish and I am still cautiously bullish.
We need to see a little more data.
But as mentioned previously, right, we need to start or at least I did.
I started hedging.
I started investing into these defensive stocks.
And even on the crypto side, I'm sitting on hands.
I'm sitting on hands to see where this goes.
As we mentioned yesterday, the worst thing you can do is FOMO into anything, FOMO on the upside
or FOMO on the downside, or try to chase these candles without any kind of discipline, without
any kind of structure. Because most of the time we would see things end up not the way you want
them to be, right? So for right now, because of the volatility that we're seeing on the crypto side, I am
still sitting on hands.
However, I haven't, when it comes to alt, I'm still holding my Hedera.
I'm still holding, uh, Algorand.
I'm single holding a few others, but when it comes to like my BTC position, I haven't
really touched that yet
because I need to see more data in order for me to make a decision. But so far, none of this is
surprising, right? Those of us that have been in the markets for a while, we can kind of see or
kind of plan from days like this or weeks like, when we have data that surprises us a little bit,
we know what to do. I ran a space not too long ago prior to taking that health break that we broke down the steps for new individuals or new investors on what to do when we see a week
like this. And one thing that we all agreed on was everyone has to go in with a plan.
Start the week with a plan, whether it's keeping some kind of liquidity on the side, being disciplined or marking an exit or entry point if you're willing to give it a go.
But this week has been very, very interesting.
I'm still green overall on the week.
On the stock side, we have PEP and UPS.
Those have been great winners this week and on the crypto side obviously it has been the story of the week but i'm very very interesting
to see how we continue this next week with more data coming on and in september when we have that
jackson hall event and we have more i believe we have other economic data that is definitely going
to impact both markets so for right now I'm chilling man I love being here I love partaking
in the conversations I love taking different perspectives and we'll see but for right now
as I mentioned I'm cautiously bullish very nice very nice yeah and I'd seen I think it may have
been bits of wealth or maybe someone else's charts there. Actually, you know, it was Popeye last night. There was a couple he pulled up, and it did look like there was probably going to be some sideways from a couple of these altcoins. And so, yeah, we'll see. I imagine there may be a little bit of a chop here, but we'll see. We'll see what it all plays out.
Brooke, I want to throw you the mic if we're into the conversation. It's great to have you as always. And definitely anybody else, by the way, throw up a hand if you want to jump in.
But Brooke, I wanted to bring you into the conversation.
How are you?
I'm doing good.
I'm doing good.
I haven't, I've been just super busy the last couple of weeks.
What's interesting to me is the, like on the job market, and I forget who said, I'm sorry,
but of like how much work is going to be, I think
Prometheus, you said, like how much hiring is going to get done. I have been like fielding
calls from all of these different blockchains that now can sort of operate in the United States.
So like I do DevRel as a service, which is just really boring content for developers to build on different blockchains.
I do that for AVAX and Polygon and ApeChain in the past.
So, like, it's the boring stuff, but, like, that's how things get built.
And that's how number goes up is, like, the infrastructure being built.
And so, like, I even have two meetings later today with a couple of blockchains that their foundations are overseas and they really and realizing they need to either understand it better or build an ecosystem within their company. So there's a lot of opportunities there and, you know, they're paying a lot of money. So, and even like contract work, even if you have just
like a smaller, you know, following and that kind of thing, there's content creation work.
So there's just so much going on right now that is a little bit outside of the
like number go up. I also am just a hodler and there's nothing wrong with that. So I just,
you know, always want to like point out to people that, you know, slow and steady always wins the
race and look at how quickly, you know, never in a million years ever could you have possibly told me
when we were buying drugs off Silk Road that like this would happen.
That never in a million years.
Like when we, you know, somebody had said like,
you don't know what happens until you start trading it away.
Like that was part of the problem too back then is that we had all this Bitcoin that we were like,
oh, we can start trading and then watched as like we had no idea what we were doing and it traded it all to zero.
Granted, they were only worth like 30 cents, but still like never in a million years.
Would you guys even understand that like back then it was just a bunch of nerds trying to
figure out digital cash and like maybe like when it hit $3,000, it was like,
this is just wild. So and never in a million years did I think it would hit this in my lifetime or
my son's lifetime. So big, big things happening. And I think like geopolitically, we're still
looking at the fact that people are able to talk about it more because either they love or hate this
government, right? Like they either love it or hate it. And it gives people something to talk
about that is more like we're learning something new instead of just arguing about politics.
That's my experience with like my parents and sort of normie friends where they're like, now they're curious about it.
You know, however they feel about the current administration.
They're like, well, this is, you know, these are the laws that are being put in place.
These are the conversations that are being had.
Like, what is this stuff?
And I encourage everybody to just talk about how they don't need to understand how the engine works, just how to drive the like you don't have to get into the nitty-gritty you just don't you have to just tell
them this is the future so yay thanks for having me i'm super glad that everything happened this
week the way it happened because we're just forward motion you know what's good what's great
to hear as well brooke. Glad you're staying busy.
Topic, I see your head. Shut up. Over to you. Yeah, I just want to add a little light, some
funny commentary based on, you know, because she said, are you, you don't have to sit there and
argue about the politics of the matter. So Elizabeth Warren gave me one of my, because
there's always one of the funny, like, I have to laugh at some of these quotes.
She was explaining to her colleagues that the tokenization of stocks would make these tech companies basically immune from all laws because they're digitizing themselves on the blockchain.
I was like, yeah, she needs to go back to YouTube and do a couple more studies.
But yeah, I thought it was just absolutely hilarious that she was she was saying that. So at this point, I want to think that
honestly, they have to know what they're saying is complete foolishness because I think that
people who normally follow her think she's foolish. Like, I think people are catching on.
I think honestly, like, I think it's one of those things, like,
I don't know. I, okay, I'll give an example, like something I like to mess with people.
For example, I'll give a, because I read this thing that if you give a reason, a lot of the
times people accept a stupid reason. So like, say it's freezing outside, right? You say,
how are you going to the gym in shorts?
It's 20 degrees outside.
And you say something stupid like, oh, because I bought it in summer.
Most people will be like, oh, okay.
And they just walk away.
But when you think about it, it makes no difference.
Why would you say okay to that?
Why would you say okay?
I would totally call you out.
Try it.
I'm telling you.
It's probably stopping.
It's because I live with Sam, dude.
No, it's because those people are NPCs.
Those people are NPCs.
Like you can.
There's a guy on Instagram that goes around and like says the craziest shit to like baristas
and has it like, like recording, but they don't know.
And he'll say the craziest shit, not even order a coffee.
And he'll record it over and over and over people are
like okay like not even like in disbelief they just agree so just keep that in mind a little
food for thought these poor people just trying to do their job tropic there was something that
someone had said yesterday that i thought was um that was kind of funny i guess it was sort of in
line but then i guess he went to a slightly different direction but i thought it was kind of funny. I guess it was sort of in line, but then I guess you went to a slightly different direction. But I thought it was rather interesting about people commenting on the industry without really having any knowledge on it.
And I've been, for some reason, going down the rabbit hole a little bit on Fox Business, CNBC, some of these major platforms because they're starting to cover everything.
And I was like, you know what?
Let me see where – like where is their – I need to see where these guys are.
I'm pretty bullish on our crypto squad, and I feel like we get made fun of because we're crypto and Bitcoin.
And I'm like, I listen to these trap fight shows sometimes.
I'm like, hold on a minute.
What?
I feel like we're pretty close here.
I think that within a couple of years, we're actually going to be way further ahead, and we have an asset that's actually worth something on its own.
And so anyways, there was a guy, and he was talking about it.
He was like – he tweets this.
He's like a super famous like economist dude.
It went kind of viral.
And he deleted the comment.
He deleted the tweet a few hours later, I think, when he realized the tweet was kind of falling flat.
But he said something along the lines of like, why can't you just make another one if Bitcoin is so special?
Let's stop someone else from making another one.
I'm like, brother, are you kidding me?
This, you have literally opened the, I was like, oh, Jesus.
So anyways, I thought that was kind of funny.
Nat, I'll stop talking.
I'll throw the mic over to you and then we'll head over to Lady Trader.
Yeah.
I just wanted to double back on what Brooke said.
I remember, I remember BTC at 3000 as well.
And I remember going, oh my gosh, it's so high.
It's going to come crashing down guys.
Be careful.
And here we are over a hundred thousand.
You just never know.
Sometimes really and truly just buying an asset and holding
and being disciplined and patient is really the name of the game.
Cause a lot of these individuals that became super rich of Bitcoin,
they were just holding all the way through. And like you mentioned, right?
It started off. Some of them bought it, bought it to be able to buy drugs.
So grown and some of them held it, bought it to be able to buy jobs. Oh, it's so gross. And some of them held.
And here we are now.
Yeah, a hundred percent.
And still outperformed all these hedge fund managers.
Still outperformed them.
Unbelievable.
What are they even getting paid for?
Nah, we'll keep it civil here.
Lady Trader, I want to come over to your direction and see what kind of things you're paying attention to.
If any of the last few takes have caught your interest as well, let's get some comments.
But always great to have you in a space.
Looking forward to FOMO Friday coming up here in the next half hour or the next 20 minutes-ish.
But yeah, great to have you.
Hey, thank you so much for having me up here today.
Oh my goodness, it's been so busy as soon as the market starts to pump and now right now
of course we are retracing but you know when um during the bull market like the last couple of
months are just super busy for me so um as far as what i'm looking at right now i'm really not
buying anything new um you know just being super cautious right now because definitely markets are kind of starting to look a little bit um
concerning right now uh bitcoin i've been kind of talking to you guys for for a few weeks now that
the weekly chart on bitcoin is uh it concerns me a little bit hopefully we just consolidate here and
then do make a um you know a new all-time high very soon and then of course you know everything else starts but it's just um all season
you know altcoins are they started to do well and now of course everything is is getting crushed
again so uh just exciting times every single day nowadays um just not looking at any other
opportunities but i did have a chance to kind of do a lot of research on meme coins and you know
just kind of spotting certain patterns especially if you, if there are a lot of rugs and meme coins.
So even if you learn how to avoid them, that's a pretty awesome knowledge to have.
And then, of course, if you can spot some good plays like that, that's always a plus.
So that's what I'm focusing a little bit on, because during the bear market, of course, you do have certain opportunities and it's always in the in the new narratives and in the meme sector so
other than that it's pretty much everything is just dried up and there's just a lot of
fud and issues so we'll just have to see somebody was talking about Elizabeth Warren when I jumped
on on the call here today but it just kind of reminds
me how many people just give opinions when they don't even have a wallet, right? And we take
advice or we put these people in the media and it's like they have never really taken a trade.
They have never installed a MetaMask wallet. They don't know what self-custody is.
They just give an opinion just because they think it's cool.
And so it's just funny because we're
going to start to see a lot of these people popping up,
especially when the markets are bearish,
and they're about to turn very bearish.
And so I don't know.
It's just always exciting times. So November and December, I'm calling them November, December. We'll just have to see if we see an October. Just be cautious. September. I mean, you've heard it, right? Just be cautious, guys.
September I mean you've heard it right just just be cautious guys
No, don't don't guys we have we have days left. We have days
Wait, wait, wait a minute. Are you are you flipping bearish? What's called on? I my world is turning upside down
What I told you the most
We've been hanging around
October and November become bearish
September is done the end of september is done the end of
september bitcoin is done october also done and so then you're gonna see november and december
of some sort you know it could be just choppy people are gonna be like ah no worry it's just
the holidays right that's what happened yeah last november it was like that right it was
i think i think even thanksgiving day because i
remember thanksgiving day everyone was buying coins in in with my my family it was crazy uh
that was certainly a top indicator i just didn't know at the time but so so you're thinking even
october i thought october is uptober yeah i'm not this is a thing too right it could be in october for all season
but bitcoin i'm thinking probably between september 21st to the mid-october is we're gonna see
a bitcoin top probably even september 20th right that would be my my guess so september 20th to
mid-october that's when i am expecting bitcoin to top out and then of course right after
that usually all start kind of lagging behind um you know like up even up to 30 days sometimes so
it just depends but yeah you guys have not seen me when when i'm like when i'm a bear like i'm a
um bits of wealth and kelvin are like nothing compared to what i bring to the table when it's
bear market it's bad well there's always there's like a slight hedge it's always like well like i'm leaning this way
but but you're so you're like no no there's no buts this is the end yeah exactly at the end of
the year it's done and then next year but what's gonna happen is you know november and december of
course you have the um the holidays and so people are like oh no it's just the holiday season oh no
it's just because of the tax reason right it's just people are always making an excuse whenever the markets
are crashing and then you go into the next year of course and then again it's going to be like
oh we had a crash oh oh no it's just because they uh you know the tax season is coming people just
have to take some profit you know just to pay their taxes and then boom and then boom and then
one after another and it's like whoa whoa, what the heck is happening?
And so it's it's just looking very clear
So we'll just have to see how it how it comes out but guys like, you know
Be ready for you know for what I said September October
November
December just bear is coming it. We just don't know it's it's coming. It's it's gonna be bad. So
So you think that, and I'm not a this time it's different person.
I don't, I've heard that so many times.
But even with companies buying Bitcoin at unprecedented rates,
with companies buying ETH at unprecedented rates with the genius act and stable coins and different
companies launching their own l2s you you don't think that that could potentially give us a i
don't want to say a different cycle but a different kind of bear market right because at that point
the the rules have almost i guess the rules at this point have almost changed now we are still going to see a 70 crash minimum on bitcoin very very close to that could be more
than that but it's going to get there and here is why when we say blackrock is buying etfs you know
all of these other companies buying bitcoin so let's say blackrock or other etfs that are really
accumulating bitcoin they are buying bitcoin as an underlying asset to the ETF that they are selling.
People are buying ETF.
So when you buy a BlackRock ETF or another ETF, that company now has to go and buy Bitcoin to balance their worksheets.
So what happens is that once people start selling, once there is heavy selling, people are going to sell ETFs. They're
not going to hold those ETFs. So guess what BlackRock is going to do? They're going to sell.
So what we're going to see, like write this down, guys, there's going to be news of BlackRock
selling. There's going to be news of all these other ETF companies selling. And that's because
they have to balance their books. That's how it works. And so it's just as simple as that. So
whenever I hear something like, you know, BlackRock is buying or these companies are buying, institutions are in, it's going to be different this time.
That's like the biggest red flag. And, you know, that's like they always I'm like, wow, no, no, that's absolutely not true that they are actually going to be crashing the market.
Look at what happened with Luna Foundation. Look at what happened with FTX. And so just be ready.
with FTX and so just be ready you know I don't I hope I'm wrong like literally I have said it so
many times that you want to be wrong in this case I want to be wrong so badly but unfortunately I
will not be wrong and so um you know like I would love for myself to be wrong so we can just get on
a call and say hey lady you were wrong and I'd be like yay I was wrong like we'll celebrate that
if that was the case and but unfortunately that's that's not, that's not going to happen.
I actually take back my statements bits. This actually is a hedge play,
but it's not by money. It's a social hedge play. I don't mind it.
It's actually pretty genius. She's been around for a couple of cycles.
You know what lady trader,
I think you're right on because everything points to that September area.
However, the Jackson hole event I mentioned,
it's actually a little
bit earlier this time. It's taking place August 21st to August 23rd. And the symposium is actually
called Labor Markets in Transition. That is very interesting because we're seeing a cooling of the
labor markets, right? So all eyes on that, guys. I'll see if I can send you the link. But Lady
Trader, I think you're right on with the timing.
What are your top numbers, Lady Trader, for Bitcoin and Ethereum?
No numbers.
Like I always say, I don't really have a number.
I always go by timing because that's how you get most accurately as close to the top as possible.
So you think we keep rising to some arbitrary number higher than
what we're at right now until at the very earliest september or at the very latest november because
people are having a punch at thanksgiving and they think that it's because of the holidays and stuff
like that right well when i said holiday it's just because I think the markets are going to really slow down in November.
So let's say Bitcoin creates an all-time high in September and we are done,
or between September and October.
And then, of course, there's going to be a crash, right?
Or there's going to be a chopping action up there and then a crash.
And people are going to be like, oh, no need to worry
because it's just the traders are out, the investors are out
because of the holiday season.
It's not a big deal. Markets are going to pick back up and the
liquidity gets back into the market. That's going to be the excuse from the permable. Now, I am the
permable when it comes to, you know, like Bitcoin, long-term bullish, bullish, bullish, like it's
going to hit a million dollars, but it's going to have big crashes. It's going to go through
bear markets. So following that four-year cycle makes sense, right? We're going to create a top this year. We're going to create a bottom next
year, and then we're going to rise again. That's when you buy. And so that's, but that's what it's
going to be. So September to October, guys, watch out. Like end of September, I'm giving you the
dates, you know, September 20th onwards, like that's when you should be watching. September
20th to about mid-October that's when the the top
should be in place for Bitcoin I may be wrong a little bit on you know a few days in there but I
could get very dangerously close to that and we should be watching and then of course altcoins
another month after that and some altcoins will already start to you know to top out the good
thing is though even when we are at the top that topping price section also takes a couple of months
to kind of play out it's like chopping up there right so it's not people are always like oh is
this a top maybe not you know it's going to go up hey you know we are pumping again and so it does
happen when you are at the very top so it still has you know enough time to kind of exit from my
previous bear market i was very close but i was still a couple of weeks off and i wish i had
actually taken profits a little bit sooner than when I did because that would have been even a better exit for me especially on all so learn
from that lesson as well it's a good one. So you took profits? Oh go ahead go ahead Doug. I was just
gonna say something real quick like because I hear you I hear your point Latry and I also hear the
other the other side of the of. Unfortunately, I'm in trading spaces
one hour and then I'm in a macro Bitcoin conversation an hour later. So fortunately
or unfortunately, it's a little bit hard sometimes to separate the two. But for how I think I'm
going to be playing this cycle, because, you know, I think you do need to roll into this
end of year with the strategy. I think it is probably important rather than just swinging
it. I could be wrong, but that's kind of how I want to go in. Basically,
the way I'm playing it is I will likely, like 99.9%, not hold any alts through end of year.
In terms of Bitcoin, I will probably hold a pretty significant portion, if not all of it,
because for me, it's not worth the hedge risk of extended cycle of
missing out on the Bitcoin that I have I basically accumulated enough to be okay
if we were to tomorrow wake up and Bitcoin has gone to a million for
whatever reason this is the amount that I'm like okay as long as I have this I
I'm somewhat satisfied with my life I can move on and continue to stack at a
million dollar Bitcoin but that was kind of my thought and that's my strategy with it.
And if you're in the full locked in on the four-year cycle,
I imagine you're going to be getting out of every bag,
doesn't matter what it is.
But I think for me, Bitcoin has become a little bit more
than just an investment in assets,
something that I'm like, okay, this makes sense.
It's something to believe in.
We'll see how that rolls.
Isn't there an old book, Kate,
a very wise old book that talks about making something your God that you like
worship it. And it's like around religious connotations around this thing. And it's the
root of all evil. I can't remember what it is. But I feel like a lot of Bitcoiners kind of fall
into that trap for some reason, where it just becomes this thing that you're not willing to,
you couldn't pry it off of their hands. They have like, it's, it is their God, their deity. I don't know, man. I don't know.
I think I read that somewhere. I'm not sure. I think the book was like, I can't remember what
it was called. Not sure. I mean, you may be onto something there, but probably an important book.
Prometheus, I see your hand. I'd love to get some of your thoughts. You may, I think you raised it before I jumped in,
so you may have thought of something else, but.
Yeah, but it kind of reminds me of this guy.
He might've like given himself his life to save everyone.
And, you know, his life was.
Yeah, that sounds like the right story.
Yeah, yeah.
Yeah, sounds like that.
Yeah, and I think we're about the time when he's about to return back to this world as well.
So, you know, great time to be idolizing money.
I tell you that.
But yeah, no.
Lady Trader's bearish tendencies.
I think she's on to something. I mean, the market is frothy. Having said this, I do believe the
I think she's on to something.
I mean, the market is frothy.
major black swan is probably, we're still probably like 18 to 24 months away from that. And the reason
I say that again is because I don't just study the markets, although to an extent, I think they're
helpful. But I also study prophecy. And there's been prophetic words going back to that old book
from genuine prophetic voices like Brandon Biggs and Joshua Giles. Both these men have like Joshua
Giles prophesied a major financial institution will collapse in February of 2024 in December
and that was exactly when Silicon Valley Bank collapsed. Right. And he doesn't do markets.
He's like just a Christ guy.
And same with Brandon Biggs, who foresaw the bullet grazing Trump's ear months before that actually happened.
They're looking at a second pandemic that's going to be much worse than the first.
And again, like, you know, this is going to be like a cooked up chimera or whatever.
And that's like just like we saw in 2020, there was a major crash.
I think that's around that time, I think we will also see a major crash.
But between now and then, I think just our sector and BTC and the blue chip alts in general
are just going to be like a black hole siphoning up massive amounts of wealth, especially as more
and more sovereign wealth funds and just major funds and companies realize that this is the way
to keep their treasuries. Definitely also in December in previous cycles, I've noticed also
that because people get their end of the year bonus and holiday money at that time, I think a lot of people are going to like are waiting to invest at that time.
And I think you will see somewhat of a price bump, even in the midst of a bear, if that ends up happening for some of the blue chip alts.
But yeah, for the blue chip cryptos.
But yeah, those are just some thoughts.
Hey, number one, bearish tendencies. I like that. but yeah uh for the blue chip cryptos but yeah uh those are just some thoughts hey number number
one bearish tendencies i like that i like that i don't know if that's like a show title or like
a brand of some sorts but i really like that bearish let's let's let's make a pandemic i caught
that clandemic tropic that's your hand.
Yeah, it's a tough one to follow.
But I just want to say really quick, I want to bring it back to something that you said,
Kate.
So I don't know if you caught this.
It's kind of subtle.
It was in there.
But when you said that the investment thing, without knowing it, you kind of came into the cash camp, right?
Because nobody says, hey, like, you know, we're talking
about within whichever country you're in, let's say US, right? Nobody says in the US right now,
like, hey, let me go invest in some US dollars. They just don't say it, right?
So when you're saying that, oh, well, you know, when you're crossing over, like, okay, you're,
you know, you're, you're quote unquote, looking at Bitcoin as an investment.
It's different than looking at it as cash. So holding that in for its purchasing power,
it's buying power and seeing everything else falling out is a completely different thesis
than, Hey, let me invest into this thing so I can get more cash. So I don't know if you
noticed it was very subtle, but it was a nod to cash. But anyways, not to go down the whole negative, what's it called thing right now, because we're all having a good vibe and we're happy people, right?
So I just want to throw something out here really quick, completely random, different area whatsoever.
So those of you that are sports fans, NFL season is about to get started.
And one thing that I'm on the
website right now, actually checking it out. I don't know if you'd like to collect stuff,
you know, those of you that especially us older ones, you know, Oregon Trail millennials that
like collecting crap. But yeah, man, NFL all day. That's, you know, yes, NFTs are still going on.
I just want to throw that out there. I know we talked about all these charts and all these cool
things, but if you just want some fun stuff to just buy for like, you know,
I don't know, six, seven, eight, nine,
$10 just to have fun for the sake of it because you're a fan of whatever,
just throw that out there. You know,
not everything's all about charts and going up and making money.
Some people just want to have fun. So yeah, I just throw that out there.
No one comes into this space just to have fun.
That's just where they end up
right you lose enough money then you start talking about wanting to have fun exactly
despair yeah despair we're like well didn't get rich what's the what's the second what's the next
best thing we can do vibe it's time to vibe no i think uh but I will say this, even if like being in this industry,
being sticking around, I will say opportunities and doors open up just by sticking around. So
for people, if you're listening and you're like, I've not had that opportunity to come across
the board, we'll say you're putting out a lot of content out there and you're putting yourself out
there. Opportunities are pretty ridiculously abundant here. It really doesn't matter what
part of the cycle you're in. There are things popping up all the time.
I was pretty much, I think we were dead in the bear market when I first started working back into full-time into crypto.
I was not expecting to be offered something within, you know, I thought I was going to
have to wait until the Pico bull run again to find any kind of opportunity.
Here we are a year and a half later.
I've been doing wolf spaces for a year and a half with all you folks.
And so life can change pretty quick is what I'll say about this industry.
It's pretty fascinating time to be alive here.
Noah, I'm not sure if you have any thoughts on that actually.
You may have some of your own thoughts on that topic as well, but I know we have a couple minutes before we jump into LAH Traders, so I wanted to make sure to throw the mic back over to you.
Yeah, I don't know, man.
It's been a weird cycle. It hasn't been – it's been different for me.
And we got a Bitcoin all-time high pre-halving.
And we had that – like different alt-season waves in different parts of the crypto ecosystem, mainly on Solana last year, most of last year in 2024.
last year, most of last year in 2024.
And I don't know.
I always say every cycle that this time it's different.
Cheerleaders come out of the woodwork with a stronger narrative.
And it does feel like this time it's different, but I'm not.
I'm with Lady Trader.
I'm with Lady Trader.
I don't think I want to.
I don't think I want to – I mean I will probably – and this will be the first time I sell any Bitcoin or Ethereum.
But I will probably sell half of my portfolio by the fall, sometime in the fall.
Just because if I'm wrong –
Of this year or next year?
No, this year, next year, no, this year, this year, um,
if I, if I'm wrong, then, you know, I, I, I put away some, some money for the bear market.
And if I'm right, then, then I still have exposure, but all that to say, like, I, I mean,
I don't, you know, the midterms are coming up next year as well, and I think it's in Trump's favor to have markets look pretty.
Yeah, I don't know. I'm having a hard time with this cycle.
It's been, for me, a difficult one to kind of time and i mean we haven't even seen an
eth all-time high we haven't even seen eth break its previous cycles nine million satoshi all-time
high yet alone the 2017 15 million satoshi all-time high i don't even know if that's going to happen
but it just i don't know it just like it's hard to and i don't like the alts all everyone some
people are saying that all i know lady trader is not saying this, but people were saying alt season is here.
I mean, alts are pumping here and there, but not the alt season that we saw in 2021.
I don't know if we'll get that again.
It's hard, man. It's becoming a hard cycle for me to figure out.
But dare I say, I don't know if we've topped here you know I can't remember who
was bringing this up on a prior space but I like when I was listening to them I was very much in
agreement where I think if you don't have like a hard like if you're not like lady trader where
she's just super clear on when she's out no matter what even if it keeps going like she just she has
her plan right I think if you're not someone like that, and you're maybe a little more flexible,
I think you just, you try and exit over like five to six months, right? You just start saying,
okay, I'm going to start selling off in say September. And you just kind of, you know,
average out. And it like, wherever that peak ends up falling in the next six months you're gonna have sold
some before the peak some at the peak and some after the peak and you're probably gonna end up
prop you know rather rather well like in the grand scheme right here let's uh i think we're about to
jump over to lay trader space anyway but i was gonna say i don't know if later wants to continue
the conversation on this particular thread but i feel like she probably does because it's right
for ali i figured maybe later if you want to give a like a last comment otherwise we can probably I don't know if Lady Trader wants to continue the conversation on this particular thread, but I feel like she probably does because it's right up her alley.
I figured maybe Lady Trader, if you want to give a like a last comment.
Otherwise, we can probably just all jump over to Lady Trader's space because it's 1 p.m. Eastern.
We're wrapping the space.
Guys, appreciate everyone.
Crypto Pulse, every Friday, 12 p.m. Eastern.
We're going to head over to Lady Trader's space, pinned up at the very top of the space.
Go ahead and click that link, and you can jump over to that link.
We'll catch you guys all in the next one.
Give a follow to all the speakers.
Retweet the space if you enjoyed it.
It was recorded.
Have an amazing rest of your Friday.
We'll be back in like 20 seconds on the Trader Space.
Catch you guys later.
