5 Altcoins That WON'T Go Parabolic! [SELL NOW]

Summary

The speaker discusses the current momentum in the cryptocurrency market, emphasizing Bitcoin's resurgence and the subsequent positive impact on altcoins. They suggest that investors should optimize their portfolios to capitalize on the bull market, sharing a list of recommended tokens to hold and advising to sell off underperforming ones like Litecoin and Eland. The video also touches on political events in the US and their potential influence on market trends, while offering insights on trading strategies and opportunities.

Takeaways

• 📈 The speaker discusses a potential upcoming parabolic stage in the bull market for cryptocurrencies, suggesting that the current momentum in Bitcoin is spilling over into altcoins.
• 🗓️ There is a sense of urgency, with the speaker mentioning approximately 63 days to optimize one's portfolio before the bull market reaches its peak.
• 📊 The speaker emphasizes the importance of making decisive actions and not being complacent, as the time for 'sideways' movement is ending and the market is gaining momentum.
• 🤔 The speaker suggests that the current market movement is a psychological test, urging investors to let go of underperforming tokens and focus on those with strong fundamentals and growth potential.
• 🚫 A list of tokens to consider removing from one's portfolio is suggested, including Litecoin, Eland, and Cardano, due to their lack of recent innovation or growth.
• 📈 The speaker highlights the importance of portfolio positioning, especially in the context of an incoming bull market phase, and the need to switch from bad tokens to good ones.
• 💡 The concept of 'keeping it simple' is introduced, recommending investment in major tokens with proven business models and strong market presence.
• 💰 The speaker warns against waiting for the market to rise before buying in, as this could lead to missed opportunities and emphasizes the need for proactive investment strategies.
• 🔄 The speaker discusses the potential for increased momentum in the market, driven by political unity in the United States and the support of influential figures in the crypto space.
• 🏆 A promotion for a giveaway of a Cyber truck is mentioned, as well as an invitation for viewers to participate in trading challenges on BitF funded to prove their trading skills.
• 📝 The speaker concludes by urging viewers to take the information seriously, make informed decisions, and adjust their portfolios accordingly to capitalize on the upcoming market movements.

Q & A

What is the current trend in the cryptocurrency market according to the speaker?

The speaker indicates that the cryptocurrency market is experiencing increased momentum, particularly with Bitcoin, and this momentum is spilling over into altcoins, leading to a 'very green day' for altcoin investors.

What does the speaker suggest about the upcoming phase of the bull market?

The speaker suggests that the bull market is entering a phase where decisions need to be made quickly as there will be no time for second thoughts or portfolio adjustments once the market starts moving rapidly.

What is the significance of the 63 days mentioned in the script?

The 63 days mentioned is a timeframe given by the speaker for investors to adjust their portfolios before the bull market enters a very parabolic stage, where it would be too late to make significant changes.

What is the 'banana zone' referred to in the script?

The 'banana zone' is a term used by the speaker to describe a stage in the bull market where the market moves very quickly, and investors have limited time to make decisions or adjust their portfolios.

What is the speaker's view on the importance of having the right tokens in one's portfolio?

The speaker emphasizes the importance of having the right tokens in one's portfolio, suggesting that it may be more crucial to remove the wrong tokens than to add the right ones, especially in preparation for the upcoming rapid market movements.

What does the speaker suggest about the psychological aspect of investing in tokens?

The speaker compares investing in tokens to being in a bad relationship, where investors can become emotionally attached and find it difficult to let go, even when it's necessary for better returns elsewhere.

What is the speaker's opinion on the current momentum in the market?

The speaker believes that the current momentum in the market is powerful and is a crucial factor to consider. They note that the momentum is not just about the movement but the acceleration of the movement, indicating a strong directional trend.

What is the significance of the tweet mentioned in the script?

The tweet mentioned in the script is believed by the speaker to be correct and is a signal that the bull market is about to enter a very active phase, prompting investors to prepare their portfolios accordingly.

What does the speaker suggest about the role of the US superpower in the current market situation?

The speaker suggests that the unity of the US superpower, particularly around political events and figures, is contributing to the increased momentum in the market, as it signals stability and direction for the economy.

What is the speaker's view on the potential impact of regulation on future bull markets?

The speaker believes that the current bull market may be the last to offer 'crazy returns' due to the lack of regulation. They suggest that future bull markets will likely be more subdued once regulations are in place.

Outlines

00:00

📈 Bull Market Momentum and Altcoin Surge

The speaker discusses the current bull market's increased momentum, particularly in Bitcoin, and its positive spillover effect on altcoins, resulting in a 'Green Day' for these alternative cryptocurrencies. They hint at a tweet suggesting a 63-day window to optimize one's portfolio before a parabolic growth phase, emphasizing the need for decisive action to avoid missing out on significant profits. The speaker plans to share a list of recommended tokens for portfolios and those to be sold, stressing the importance of making the right decisions in this 'crunch time' of the market cycle.

05:00

🚀 Momentum Shift and Market Breakthrough

This paragraph delves into the changing momentum of the Bitcoin market, overcoming previous downward pressures such as German government sales and the distribution of Mt. Gox Bitcoin. The speaker highlights how the market is now seemingly indifferent to such events, indicating a strong upward momentum. They also discuss the concept of momentum in business and markets, likening the current market movement to breaking out of a 'boring zone' and into a 'banana zone' of parabolic growth. The speaker urges viewers to prepare their portfolios for this shift, mentioning specific tokens and the importance of decision-making during this period of increased momentum.

10:02

🔱 Political Unity and Market Celebration

The speaker connects the momentum in the cryptocurrency market to political events, suggesting that the attempted assassination of Donald Trump and the subsequent unity among typically non-Trump supporters are contributing factors to the market's positive movement. They mention industry leaders endorsing Trump due to his crypto-friendly policies and suggest that this unity and support are being celebrated by markets, which are reflected in the performance of various assets like NASDAQ and gold. The speaker anticipates a catch-up trade with Bitcoin eventually outperforming other markets.

15:03

🗣️ Political Tensions and Crypto Regulation

This paragraph focuses on the political discourse surrounding the U.S. presidency and its implications for crypto regulation. The speaker criticizes the current SEC leadership, suggesting biases against former President Trump and implying potential negative impacts on crypto policy. They also discuss Trump's warnings to the Federal Reserve Chairman Jerome Powell regarding interest rate cuts before the election and the potential for Trump's administration to be more favorable to the crypto industry, with mentions of possible appointments like Jamie Diamond as Treasury Secretary.

20:04

📊 Market Analysis and Portfolio Strategy

The speaker provides a market analysis, noting the parabolic rise of the Russell 2000 index and predicting a similar trend for altcoins. They reference Tommy Lee's forecast of a significant rally for small caps and suggest this will translate to the altcoin market. The speaker emphasizes the importance of having the right tokens in one's portfolio to maximize gains during this bull market, advocating for a simple strategy focusing on major tokens with strong fundamentals. They also caution against waiting for market dips to buy in, highlighting the need for proactive portfolio management.

25:04

💡 The Importance of Token Selection

The speaker stresses the importance of selecting the right tokens for investment, advocating for a focus on major cryptocurrencies with proven business models and strong fundamentals. They advise against investing in numerous tokens and instead suggest concentrating on a few with the potential for significant returns. The speaker also discusses the need to remove underperforming tokens from one's portfolio, using XRP as an example of a token that may not have a strong long-term thesis and suggesting that any token not showing a positive trend should be sold.

30:05

📉 Ditch the Underperformers

In this paragraph, the speaker directly addresses the need to sell off tokens that are not performing well or lack a strong use case, such as Litecoin, Eland, and Cardano. They criticize these projects for their lack of innovation, unfulfilled promises, and poor market performance. The speaker encourages viewers to transition from these underperforming tokens to those with better charts and real-world utility, emphasizing the importance of making emotional but financially sound decisions for portfolio optimization.

35:07

🎁 Giveaways and Trading Challenges

The speaker announces a giveaway for a Cybertruck and explains the process for entering, which involves trading on the Buit platform. They also discuss the Bitf funded trading challenge, where traders can use other people's money to trade with minimal risk to their own capital. The speaker shares their positive experience with the challenge, highlighting it as a low-risk, high-reward opportunity for traders to prove their skills and potentially earn significant profits.

40:07

📝 Final Thoughts and Sign-offs

In the final paragraph, the speaker wraps up the discussion, reiterating the importance of token selection and portfolio management. They also engage with the audience by asking them to express their preference for WhatsApp over Slack in a humorous manner. The speaker signs off, reminding viewers of the next day's session and encouraging them to trade wisely.

Keywords

💡Momentum

Momentum, in the context of the video, refers to the increasing force or influence of a particular trend or movement within the market. It is a key concept as it relates to the market's direction and the rate of change in asset prices. The video emphasizes the importance of recognizing and acting on momentum shifts, as they can indicate a significant change in market conditions. For example, the script mentions 'increased momentum' in Bitcoin and altcoins, suggesting a potential for rapid price movements.

💡Altcoins

Altcoins are alternative cryptocurrencies to Bitcoin. They represent a diverse range of digital currencies that offer various features and technologies. In the video, altcoins are highlighted as having 'very green days,' indicating a period of positive price action. The script also suggests that the momentum from Bitcoin is spilling over into altcoins, which could be a sign of a broader market upswing.

💡Portfolio

A portfolio in the video refers to a collection of assets, such as cryptocurrencies, that an individual or investor holds. The script emphasizes the importance of having the right tokens in one's portfolio to maximize gains during a bull market. It suggests that viewers should be strategic about which tokens to hold and which to sell, to optimize their investment performance.

💡Bull Market

A bull market is characterized by a prolonged period of rising prices in financial markets, typically driven by optimism and investor confidence. The video discusses the stages of a bull market, particularly the 'parabolic stage,' which is a phase of rapid price increases. The speaker advises viewers to prepare their portfolios to take advantage of this stage, as it can lead to significant gains.

💡Regulation

Regulation in the context of the video pertains to the rules and oversight imposed by governing bodies on financial markets, including the cryptocurrency space. The script suggests that the current lack of stringent regulation allows for higher returns, but it also implies that upcoming regulations may limit the potential for 'crazy returns' in future bull markets.

💡Proof of Work

Proof of Work is a consensus mechanism used in blockchain networks, such as Bitcoin, where miners must solve complex mathematical problems to validate transactions and create new blocks. The video mentions Litecoin as a proof of work coin but questions its relevance and future potential compared to other cryptocurrencies with more innovative technologies.

💡Token

In the video, a token refers to a digital asset that is part of a blockchain network and can represent a variety of assets or rights, such as voting rights or a share in a project. The script discusses the importance of evaluating tokens based on their fundamentals and market performance, advising viewers to remove underperforming tokens from their portfolios.

💡Chart

A chart in the video represents the historical price and volume data of a particular cryptocurrency. The speaker uses the term to describe the price action and patterns of various tokens, advising viewers to analyze these charts to determine which tokens are performing well and which are not. The script mentions specific chart patterns like 'accumulation' and 'breakout' as indicators of potential future performance.

💡Innovation

Innovation in the context of the video refers to new and groundbreaking developments in the cryptocurrency space that can give certain tokens an edge over others. The script suggests that tokens with technological innovation are more likely to succeed and be worthy of inclusion in an investor's portfolio.

💡Liquidation

Liquidation, in the financial context of the video, is the process of selling an asset to repay a loan or margin position, often triggered when the value of the asset falls below a certain threshold. The script mentions a 'liquidation event' in relation to XRP's price movement, suggesting that such events can cause sudden and significant price changes.

💡Fundamental Analysis

Fundamental analysis is the process of evaluating a security's intrinsic value by examining its financial health, management, industry position, and other factors. In the video, the speaker advocates for fundamental analysis when choosing which tokens to include in one's portfolio, emphasizing the importance of selecting tokens with strong fundamentals to ensure long-term growth potential.

Highlights

Bitcoin and altcoins are experiencing increased momentum, with the potential for a very profitable week ahead for altcoins.

A tweet suggests approximately 63 days remain to optimize portfolios before a parabolic bull market stage.

In the late stages of a bull market, decision-making time is limited, necessitating a well-prepared portfolio.

The presenter will share a list of tokens to keep and to remove from portfolios, emphasizing the importance of the latter.

The psychological aspect of letting go of underperforming tokens is compared to ending a bad relationship.

Market momentum is likened to a powerful force in business, with the current market starting to gain significant momentum.

The distribution of Bitcoin by Mt. Gox is not affecting the market negatively, indicating a change in momentum.

A transition from a 'boring zone' to a 'banana zone' in the market cycle is suggested to be imminent.

The presenter predicts a 10-week rally for small cap stocks, which may foreshadow a similar movement in altcoins.

Political unity in the United States is suggested as a contributing factor to the current market momentum.

The presenter expresses skepticism about certain tokens like Litecoin, suggesting it's time to sell due to lack of innovation.

Elaborates on the poor user experience and low active user count of Sandbox, questioning its high market valuation.

The presenter advises selling tokens like Eland and Cardano, citing unfulfilled promises and lack of use cases.

EOS and other old tokens with stagnant charts are recommended to be sold, focusing on tokens with active growth patterns.

A Cyber truck giveaway is announced, with trading volume on BuyUcoin as entries for the contest.

The Bitfunded challenge is promoted, allowing traders to prove their skills with other people's money for potential profits.

Transcripts

[Music]

okay so now we're back in the range on

bitcoin but we're actually in we're

sneaking into the top part of the range

as we get into this increased momentum

and what you can see is that this

increased momentum is actually now

spiled over into the altcoins and you're

getting a very very very Green Day on

the altcoins and if you go into the week

well the week's looking very very very

juicy on the altcoins if this tweet over

here is correct and I tend to think that

this tweet actually may be correct you

have about 63 days to fix your portfolio

before the very parabolic stage in the

bull market the very this stage in the

bull market now remember when you get to

this stage of the bull market you've got

no time to make decisions by the time

you get you you need to make sure that

your portfolio is in exactly exactly the

right position that you want it to make

you the most amount of money in this

bull market cuz the problem is that if

you miss it then the problem is you'll

have to wait until the next bull market

to make life-changing money so up until

now we've been moving sideways you've

had all the time in the world and when

you have all the time in the world

sometimes you get bit complacent but now

it's crunch time because you don't have

time anymore very soon we're going to

get to this part of the bull market and

when we do you're going to have no time

to make decisions you cannot be chopping

and changing and moving your portfolio

around at this part over here because

you're going to have missed all the

opportuni so today I'm going to show you

a list of tokens that you should have in

your portfolio and I'm also going to

show you a list of tokens that you

should get out of your portfolio in fact

the list of tokens that you should get

out of your portfolio is probably much

more important than the list of tokens

that you should have in your portfolio

now listen I know that when I give you

this list there's going to be a lot of

haters but we have to talk we have to

speak the truth and we have to make sure

we have the right tokens in our

portfolio cuz I don't care about what

the haters think I just want to make

sure that my portfolio performs the best

when we get this parabolic part of the

bull market in exactly 62 and 1/2 days

so that's what we're going to be talking

about today if it doesn't interest you I

suggest you don't watch the show if it

does stay tuned until the end because

there's a big show coming up let's go

guys

we always talk about the tokens that you

should have in your portfolio today

we're going to talk about the tokens

that you should have out of your

portfolio time to drop all the emotions

you know you know like the problem with

tokens is that it they like they're like

bad relationships because you get

attached to them and then you can't let

them go right but if you could let them

go and you could go to the next

relationship that next relationship is

so beautiful with so many amazing

returns but you know some people choose

to hang on to the last relationship so

today it's not actually about um uh uh

crypto as much as it is about psychology

about the ability to let your exes go

right today it's about a psychology

session follow me for more relationship

advice we're going to be talking about

how to let your ex tokens go how to to

wish them goodbye and make sure that

you've replaced them with the right

tokens in your portfolio so uh if you're

not already subscribed to channel um

subscribe to this channel specifically

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subscribe to channel join the

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exactly how it works here all right

let's get to show on the road let's talk

about where we are we're in a period of

increased momentum that's all I can say

the momentum is in the right direction

you know that markets are actually very

much about momentum they're not about

movements but they are about the

momentum of the movement the

acceleration of of of the of the uh uh

movement now I always say the most

dangerous effect in business is momentum

if you are competing against a

competitor and that competitor has

momentum you want to make it's very hard

to compete then because it's very very

very hard to compete with momentum right

and now this Market is starting to gain

momentum going forward we we broke down

we broke up from the bottom of this

range which exactly touched this trend

line and we broke straight back into the

range and now we are very very very

quickly climbing up the range because

there has been a change in the momentum

and that momentum has also gone into the

altcoins right so if you look at at

where at where our altcoins are just

have a look at where these altcoins are

um you've got injective up another

11.78% today 2597 you got awe which we

spoke about yesterday and we said

yesterday get in get in get in $31.68

and the momentum continues like crazy

ICP which is another one that we called

yesterday in Front Runners $10 so we are

starting to get the momentum going into

the altcoin market

not only the Bitcoin market and it does

look like if we can get into the second

part of this range we will actually

break through another reason why I said

that the momentum has changed is because

if you look at like what was keeping the

Bitcoin price down I mean we all know

that what was keeping the Bitcoin price

in this range for so long for so many

days was actually the German government

and the cloud of that German government

selling and remember that they only had

$2 billion worth of bitcoin now you have

Mount gox who are actually in the midst

of Distributing they've still got

another $6 billion of Bitcoin and the

market doesn't actually give a [ __ ] the

Market's basically saying look we don't

really care about these coins we're

going up that shows you that the

momentum is changing I tweeted yesterday

and I said M G's Distributing Bitcoin

and m g Distributing and Bitcoin going

up everything has changed the momentum

has changed the movement has changed um

for those of you who don't know what

momentum is it's like really movement

times weight and I kept saying that we

were in the boring Zone we were in the

boring Zone we were in in the boring

Zone but very soon we will actually

break out of the boring Zone and when we

break out of that boring Zone that is

when we actually go parabolic it's when

we move from the boring Zone to what

they call the banana zone or what R po R

pole called the banana Zone it looks

like we are at the very very very end of

that boring zone so you can see it here

you can probably see it um in re

capital's tweet where he says look we're

about 91 days out of about 150 days of

the of the boring Zone and very soon we

will actually break out of this now what

you can see when you break out of that

boring zone is that when you get to this

part of the cycle there's no time to

make any decisions what it means is that

you have to make sure that you make all

your decisions here you have to make

sure that you set your portfolio um you

that you set your portfolio over here

because here what happens is tokens

start popping and when tokens start

popping it's very hard to to move into

them because you kind of like [ __ ] how

am I going to get and if this token just

popped 20% I wanted to buy this token it

went up 20% that's a problem right it

means that you've got to make your your

decisions and you got to prepare your

portfolio here whilst there's not much

movement and whilst you can still switch

from token to token without losing or

gaining losing too much on the one side

or gaining too much on the other side

right you you understand that so today

is about positioning our portfolios

correctly for the um for for the next

part of of the move um yesterday we gave

you a list of all the things that you

needed to buy we spoke about Stacks we

spoke about eth we spoke about salana

sui a near um Mantra Axel Rune beam and

so far these look like they are amazing

amazing amazing choices today we're also

going to talk about the tokens that you

should get out of your portfolio so it's

not only about the tokens you should get

into your portfolio so that is what

we're going to be talking about mainly

today um I do see that part of this

increased momentum or I think part of

the cause of this increased momentum uh

which as I've said momentum is the most

powerful force that you could ever get

is the fact that for once we are seeing

the world's superpower finally get

United I don't know about you but I'm

super excited about the fact that this

superpower that we have is finally

starting to unite and to me they're

starting to unite in what I believe is

the right direction um regardless of

your of your political inclinations what

you got to believe is you got to believe

that this shooting incident that

happened this this um attempted

assassination that happened on Donald

Trump you've got to be convinced that

there's a higher power at work here

number one not only because the bullet

missed his head and I know you must have

seen those those things on Twitter Jo

send me one of those Twitter posts where

you saw the bullet and and turning his

head you must believe that it was a

miracle that made Trump turn his head

like 1 cm that way and then got the

bullet to miss his ear but then you've

also got to believe that there's a

reason why this happened one day before

the Republican National Congress right

like you got to you got to think you you

got to think to yourself that the timing

of this couldn't have been the timing of

this couldn't have been any better how

does an assassination attempt have

happened I mean just look at this I mean

just look at this this is from Josh Josh

just sent it to us he's a crypto Legend

apparently I mean just look at look at

how look at that one bullet

two

bullets three bullets now if he hadn't

turned his head you know for sure that

right now Trump would be dead and if he

wasn't dead he something would be wrong

with him he would have some kind of

brain damage or whatever else so that's

the first part of of what you got you

got to call fate but the other part is

how did this happen just one day before

the Republican National Congress and the

the reason why I said that is because it

almost feels like the most uniting the

most uniting act that I've seen in a

long time the act or The Happening that

has made the us more united than I've

ever seen them happened one day before

the Republican National Congress and now

what you're getting is you're getting a

lot of people who are not typically

Trump supporters coming out and saying

that they're supporting Trump one of

them is the founder of andrees harwoods

he says he's been a Democrat for most

his life but he will support Trump in

2024 election campaign now get this

Trump's crypto regulation plan is a

Flatout blanket endorsement of the

entire space Biden's admin ation stifle

startups through excessive regulation

and potentially unnecessary taxation two

things to read here one is that the

biggest names in Industry the biggest

names that are good for markets stock

markets and liquidity etc etc are now

all coming out and backing Trump that's

the first thing you need to notice here

the second thing that you need to notice

here is that the

biggest the biggest thing that people

are talking about here is crypto Mark

Andre who is a venture capitalist and

has a lot of other things on his plate

other than crypto he does AI it's it's

recent hars they're the biggest they're

the biggest investment house or one of

the biggest VCS in the world right and

he's talking about endorsing Trump

because of crypto if you look at David

Sax's tweet where he says and by the way

Elon retweeted this let me see if if we

got the Elon ret we don't okay so he

says look Bill harowitz Bill Amman

Cameron rinkos uh Doug Leon Elon Musk

etc etc and he goes down this whole list

and he says they all here and they all

in the Trump camp and he's basically

saying it's warm here come in but now

let's quickly look at this list properly

andr Horwitz Ben Horowitz bll Amman very

much a Bitcoin and crypto guy Cameron

wrinkl very much a crypto and wrinkl guy

have no idea who Doug Leon is Elon Musk

um crypto guy KY Sani crypto guy markk

andrion crypto guy um Peter t one of the

early guys into Bitcoin um touha Jane

crypto guy Ty Tyler vlos crypto guy

there's a lot happening around crypto

and so You' got to say to yourself

there's got to be something going on

here where where you get this increased

momentum and to me as an outsider I

tweeted something earlier today where I

said you know it actually feels now that

for the first time in a long time the US

is actually United and I said I actually

feel as he has a tweet I said the US is

actually finally uniting and maybe

actually America can be great again and

that's what markets are actually

celebrating now they're celebrating the

fact that the world superpower is

starting to get or the the the the

Americans are starting to get United

behind the Republicans the red party

which are good for markets and as a

result that what you seeing is you're

seeing all markets go parabolic you

seeing the QQQ which is in ndaq go

parabolic to celebrate you're seeing

gold look at that gold is an all-time

high 2,000 almost $2,500 which is

amazing the only one that's not an

alltime high is Bitcoin and you can see

yes we are back at the range but I think

you would

be it would be a m of us not to think

that there's going to be a massive

massive massive catch up trade and that

eventually Bitcoin actually has to

perform better than the NASDAQ because

Bitcoin is all about the risk trade and

if the NASDAQ is below Bitcoin in the

risk trade then there should be a

massive catchup and Bitcoin should

overtake the NASDAQ in terms of return

which it hasn't done already so as you

can see markets are are absolutely

celebrating this um another thing which

happened yesterday at at the Republican

Congress conference is that Trump said

he said number one he said Jerome P he

kind of warned Jerome p and he said um

um he said almost like he said he's

warned Jerome P not to reduce interest

rates before the election and the reason

why he said that is he said he doesn't

want Biden to look good he doesn't want

Jerome pal to make Biden look good which

is quite kind of interesting because you

have the fed or the the probabilities

now that there may be one rate cut two

rate cuts and maybe even three rate Cuts

this year and Trump's basically telling

pal don't cut rates until here don't cut

rates until here now I don't I don't

think that Pal's going to listen to

Jerome pal uh to to Trump I also think

that I mean if you listen to what Trump

said he said see if I've got the article

for you guys he said um he doesn't want

to get Jon pile out but he would also

mile Jamie Diamond for US Treasury can

you imagine can you imagine um Jamie

Diamond for treasury I mean it would be

a great honor for Jamie Diamond but it

would be a big kick in the face for

crypto people um then there was this and

I don't know what this alludes to

someone says as a reminder Doug Leon is

a of sequa capital publicly voic his

support for Trump six weeks ago so okay

so he's from Sequoya Sequoya is very big

uh and very crypto-friendly thank you to

our research Pao you're a Legend um our

research is our Legends um the other

thing which is very very very bullish

for crypto people um I mean okay wait

first of all you got to see some of the

scenes that happened at the Republican

conference yesterday this

citizen as a husband and as a father I

am alarmed that the current president of

the United States lacks the capability

to discharge the duties of his office

our enemies do not confine their designs

to between 10:00 a.m. and 400 p.m. we

need we need a commander and chief who

can lead 24 hours a day and 7 days a

week America cannot afford four more

years of a Weekend at Bernie's

presidency okay you got to admit that's

like that's really funny okay so for

those of you who've seen Weekend At

Bernies I mean really really really

funny the other thing is um as Alex say

he says Trump's VP pick isn't just a pro

crypto guy he's the top holder of many

coins and nft projects he's a degenerate

K like I don't know if that's true or

not but I mean Alex Beaker did say it I

also picked this up now I don't know I

hate Gary Ganser but this guy seems to

hate Gary Gensler a whole lot more just

listen to this I mean this is like

Senator Vance from Ohio's recognized uh

thank you Mr chairman uh thank you

thanks to you and the re member for

having uh this hearing and thanks to

Chairman ginzler for being here I want

to just ask a few questions about

Personnel at the SEC Mr guinsler so

let's just start out with with the very

top uh with with you uh in 2016 you were

the CFO of Hillary Clinton's failed

presidential campaign is that

correct I was proud to to be Chief

Financial Officer to so he's aligned

with the clintons great chairman

guinsler is it also correct that your

current enforcement director Gerber Gall

was most recently the Attorney General

of New Jersey yes or no answer will

suffice uh he served his his Nation well

and he was Attorney General of New

Jersey so just to recap um the Attorney

General of New Jersey is the guy who

refused to enforce immigration laws and

cooperate with ice he also launched I

believe eight separate investigations

against against Donald Trump during his

time as attorney general chairman

guinsler is it also correct that you're

recently hired general counsel Megan

Barbaro was previously Deputy General

Council under Nancy Pelosi and litigated

two impeachment hearings against Donald

Trump I I believe she was Deputy General

Council of the House of Representatives

great so and I'll also note that one of

your uh senior enforcement councils is

married to Peter stro my point here uh

Mr guinsler is that you seem to have a

very troubling pattern of hiring at an

impartial regulatory agency a lot of

people who seem to have a vendetta

against the former president and I fear

and I worry that that has implicated

itself and and affected the policy at

the SEC chair G so you see this guy's

like he's he's going to take no [ __ ]

from Gary Gensler in fact we kind of

know that for sure that Gary Gensler is

probably going to be out is probably

going to be out so as I said I think

that the Market's getting momentum and

the Market's getting momentum because

the world's biggest superpower is now

United and there's nothing more more

powerful than when a superpower gets

United and they stop with their [ __ ]

and they stop with the arguing and they

actually just get the job done now it

looks like if the if the if Trump

carries on like this they win the house

and they win the Senate and if they win

both then they can really make quick

decisions and actually get the economy

back on the road and that's what the

Market's celebrating that's why we're

getting the NASDAQ up that's why we're

getting gold up that's why we're getting

um the QQQ up and Bitcoin hasn't yet

started but what we know for sure is

that if Bitcoin is acting like a Trad

asset or if has it has a catch up to the

tradire asset trafi are getting in like

crazy so you can see here well well well

Larry was maybe right perhaps Bitcoin is

digital gold it's following the same

fractal you've got the mainstream Banks

and in the crypto in adopting like

really really really adopting crypto you

can see an adoption chart over here and

you can see that the the spot ETF

cumulative inflows have now reached the

their highest levels ever so it does

look like we are quickly getting into

the next phase we are very quickly

getting into um into the the this this

phase over here um let me get it this

phase over um here where we're going to

when we're going to start moving across

that box very quickly and then maybe

break out of what was called the boring

range and break much more into the the

banana Zone but that means that you

don't really have much time to do it you

don't really have much time to do it and

that's we and we need to talk about that

because what I saw today on my time

which is which is quite disappointing

but also quite expected I saw a lot of

these kind of tweets on my timeline and

this tweeted please I sold four months I

sold four months range breakdown at 53k

please give me one dip one last chance

to 59 then Moon so everyone's like

saying everyone's basically saying like

I missed the dip I need one last chance

to to go to the moon now I'm sitting

here and I'm going look guys I begged

you I told you guys it was a the best

time to buy I warned you guys not to

lose interest I told you to start

putting your money into it and then I

see tweets like this and I really hope

that Quaker Oats is not in our chat here

because if he is I'll be very

disappointed that I gave you guys the

test I told you guys that the Market's

going to recover and still we're getting

we're getting tweets like this I kept

saying to you guys in a bull market and

unless your thesis was that the bull

market ended I told you my thesis was

never that the bull market ended in a

bull market dips are for buying sideways

action is shaking people out it's the

time for actually buying what we don't

do is we don't wait for the price to go

up and then tweet things like this which

says I just need one more chance to

actually buy the dip especially when we

see something like this happen I tweeted

about this the other day we are seeing a

fun Dental shift in the US Stock Market

the Russell 2000 which is the the small

cap indicator on the uh on the stock

market has gone absolutely parabolic

since this whole Trump thing because

Trump is good for small caps Trump is

good for liquidity and so in the last 4

days the russle is up 10% that is a

clear signal to you that the same thing

is going to happen in crypto and when I

say the same thing is going to happen in

crypto it's going to happen to altcoins

up until now you can say that Bitcoin

was like the NASDAQ it was the big daddy

it was the only one moving now you've

got Bitcoin now you got the Russell

moving and it's only logical that the um

that the um the the the the small Caps

or the altcoins will actually start

running just listen to what Tommy Lee

said I think the rally that started last

week for small caps is going to be

larger than the October to December

rally of last year that was over eight

weeks almost a 30% gain for the Russell

2000 this time we have a larger short

position by institutions we have small

caps even more oversold and valuations

whether you look at median P heat which

is now at 10 times 2025 earnings even

lower so we think that this move could

be something like 10 weeks and as much

as 40% so I think it is just starting

and a

lot so listen to what he said and it's

uncanny because the timing is exactly

what he said he said 10 weeks you have

10 weeks which is going to be a crazy

move in the altcoin market 10 weeks is

about 70 days you're going to get 70

days of a move in the Russell uh market

and he kind of says lot of it has to do

with the fact that you know the June CPI

was so astonishing he said it's going to

be a very very very aggressive move now

I think the same thing is going to

happen on altcoins I think that what we

saw now is we saw Bitcoin moving but we

didn't see the altcoins moving I think

what we're seeing now though and we're

starting to get the the first signs of

it is we're starting to see the altcoins

moving like crazy moving like absolute

crazy you're getting moves in all the

narratives that we spoke about plus some

others and here is where I think the

opportunity may actually be so let's

talk about the ones that we actually

spoke about are weave amazing look at

this uh 3192 look at how much it's up

this week 50% in this week we begged you

guys to buy it look at T T's also up

like 50% this week or 20% this week we

know why to is up I'll show you why to's

up here it is here's the reason for it a

lot of people couldn't understand why

it's up the gray scale is launching an

AI fund which has near render file coin

lpt what's what's

lpt and to let's see what what's lpt

never heard of lpt live Pier oh is it

live Pier yeah it's live Pier okay live

pier and um it is it is live Pier well

done Josh crypto Legends indeed um so

you've got they've got live pier and

they've got um uh uh T which is amazing

that's like a crypto AI fund which will

eventually be turned into an ETF because

all the grayscale funds are eventually

going to get turned into an ETF um so

now you have um now you have so you had

an amazing amazing amazing opportunity

to buy you didn't buy now you have your

last chance to buy and the last chance

to fix your portfolio you cannot come

back you got a you got like a once in

a-lifetime Opportunity because I don't

think you're getting another bull market

like this one this is going to be in my

mind the last crazy bull market before

the regulation comes in when the

regulation comes in you can basically

say bye-bye to the crazy Returns the

only reason why we get crazy returns

here is because there's no regulation to

slow us down here we can do whatever we

want there's perpetuals exchanges

there's whatever else there's the

ability to launch mem coins as quickly

as you want without regulation

legislation that's not going to be in

the next bull market which means that

you have one last chance in this bull

market to make sure that you have the

right tokens in your portfolio and

that's really the main part of what I

want to talk about today making sure you

have the right tokens in your portfolio

and yesterday we did something amazing

we said look this cycle is going to be

like all the other Cycles it's going to

go Bitcoin then ethereum then large cap

than small cap BS and I told you guys

that I think the smartest strategy in

this market is to just keep it simple so

just keep thinking think think of the

you know the kiss principle KS keep it

simple stupid so just keep it simple

stupid and I said yesterday go and look

at Stacks go and look at eth go and look

at salana look at suie look at awe look

at Nia look at Mantra look at axela look

at run and if you look at the Bibles

today just look at the ones that are

actually moving look at the the the the

big ones that are actually moving except

these ones which we'll talk about in a

second it's the it's kind of like let's

go to the last week and you can see that

the ones that are actually moving um uh

ICP which you spoke about Nia uh

om you need to keep it simple in terms

of what you're buying you can buy all

the good tokens that we spoken about on

all the all the previous shows that we

that we that we spoke about today but

that's not what the whole thing is about

because when you have one chance to make

money you want to make sure that you

maximize your gains the problem is that

if you don't maximize your gains here's

what's going to happen you're going to

ride it all the way up you're going to

go down you're going to have a nice

short bull market and then you're going

to have to wait all this time until the

next bull market to actually make money

again I don't want to do that I told you

I'm going to stop streaming at the end

of this bull market okay I won't stop

but I want to be in a position where I

don't have to stream after this bull

market which means that I've got to get

my portfolio into the right tokens today

every single every single show that we

talk about we tell you about the right

tokens to get into we gave you a list

yesterday which I think is an amazing

list I'm happy to take questions and see

if maybe we should add more tokens or or

do something like that right but I like

what Chris biski says here he says I

said don't invest in everything just

invest in the majors that's where you're

going to make your life-changing returns

listen crypto is an asset class there

are probably fewer than 50 long-term

investable assets and I mean like

investable like buy this thing and hold

it for for 10 years um because

investable at least for me with how you

know I was trained is it has

fundamentals that are going to drive the

flows consistently within the market

structure such that it appreciates over

time if you know all all those things

being equal when look at does your token

have fundamentals that will appreciate

over time that will facilitate the

market structure as he said and I

believe that most of these do maybe not

the meme coins but we know memes are the

gambles in our portfolio and I do

believe that that's how you should be

positioning your your your portfolios I

think you should be investing not in

Risk but you should be investing in

proven business models in crypto Pro

that process a ton of transactions uh

and fees big tvl Etc that's what we need

and then take one or two small bets cuz

everything else is like really just an

absolute absolute waste of time so that

is how how I position my portfolio today

but then what I would also do is I would

remove a whole lot of tokens out of my

portfolio I'd make sure that I use

opportunities in the market to remove

tokens that I'm holding in my portfolio

that shouldn't be in my portfolio and

it's time for us to be flat out

completely unemotional about the tokens

in our portfolio and when you see days

like this and when you open your

portfolios and you see that xrp is up

40% in a week and then you say to

yourself do I really believe the xrp

story long

term okay now if you do then maybe

you're watching the wrong Channel or

maybe you haven't been listening enough

cuz I don't believe the xrp thesis I

don't believe in the xrp thesis long

term and I believe that what you should

be doing when they have a spike like

this is you should be getting out of

your xrp position because what we know

xrp does is it goes up and it has these

50% spikes every now and then someone

says is this really that weird someone

says they Sun going with xrp that we

don't know this is just this [ __ ] just

randomly started booming after a

liquidation event what the hell's going

on 40% in 7 days no news and someone

says is this really that weird it does

this all the time right my feeling is

it's time to switch your portfolio from

the bad tokens to the good tokens if

your token chart doesn't look like this

and you are holding an old token if you

have not had like I understand a lot of

us are holding old tokens and old tokens

Can be the best tokens right and you go

you you had the big spike and you went

down and accumulated and if you haven't

hasn't done this kind of of pattern

chances are you probably should be

dumping it now let's look at this chart

and let's look at the xrp chart here

that's that's the the that chart does

that chart look the same absolutely not

this one doesn't have the big breakout

for me when you get an opportunity to

dump a token that that is one of your

old bags you take the opportunity and

you actually dump the token and there

are a whole lot of tokens that to be

honest right now I think are holding a

lot of you back emotionally you are like

abused spouses in a relationship you

keep getting slapped around by this

token and you keep holding on for dear

life you have to get out of the

relationship cut the relationship move

on there is a better boyfriend and a

better girlfriend out there but you got

to move on in order to experience the

beauty of the new person you you can't

keep holding on to the old bags and then

think that that that that things are

going to change you got to get out you

got to cut the emotion cut the umbilical

cord cut it get the hell out now if

you're holding any token that doesn't

have a chart that looks like this and is

an old token my suggestion to you is to

get out of that token I've made a list

now look I know this list is not going

to make me popular but this is not a

popularity contest I'm not here to be

popular I'm here to give you guys uh uh

the right advice uh the right um Trading

advice the right fundamental advice for

the bull market and one of a part of the

advice is maybe going to make me

unpopular within certain

communities it's going to make me

unpopular within certain communities but

I have elected I've chosen to despite

the the implication and the hate that a

lot of communities are going to give me

I've I've I've made a resolution to tell

you the truth about certain tokens I'm

not I'm not this this list is by no

means EX exhaustive but the truth is

like if you're holding a token like

Litecoin I think it's time to get out of

Litecoin I I I honestly honestly

honestly don't see any reason in the

world to hold Litecoin okay it's not

silver to bitcoin's gold it really isn't

there's been no technological innovation

for about 400 years the chart looks

exactly like the xrp chart if you're

holding light Litecoin get out okay get

out like if you're holding Litecoin

there's no reason to hold it you want to

hold a proof of work coin that is maybe

doing something amazing if you really

want to hold the proof of work coin go

to leum okay that that's the one that

I'd be holding because this is maybe the

next Casper like I would potentially if

you want to if you really want to hold

the proof of work coin go get into def

go get into Casper but do me a favor get

out of Litecoin let me give you another

one that I'd really get out of Eland

okay Eland has done nothing since the

beginning just promises and academic

papers and smart contracts and whatever

else okay let's look at the chart you'll

see there's a lot of charts that look

exactly the

same another one of those charts ladies

and gentlemen that looks exactly the

same it's a piece of [ __ ] chart get out

if you're holding you see this is how

you lose sponsors like if we were ever

going to get sponsorship money from

aland it's not coming anymore and no

sponsorship money for us from alaran

from uh from

Litecoin for the probably not probably

not happening okay another one that's

not going to give us any sponsorship

money is Cardo guys like listen love

Charles and uh love the Army and you

know it's all great but I haven't seen

one use case for cardo in a long time

does K have a dicks you really believe

you you you one of those people that

really believe that Santa Claus is real

this one I'm going to I'm going to

highlight this in Orange cuz this one

I'm not sure we'll come back to it okay

sandbox can we talk about sandbox for

one second probably the worst user

experience in the

world okay let me quickly the sandbox

this uh amazing token that was launched

when okay this is what the sandbox let's

see if we can actually see what it looks

like this is what sandbox looks like

okay uh and therefore therefore they

only have let me show you the number of

users how many okay let me let me let me

show you something very funny okay

sandbox has a fully diluted market cap

of I'm not making friends here I can

tell you I'm definitely not making

friends here that's for sure

um sandbox has a fully diluted market

cap of a billion dollar okay now how

many users would you say you need to

have for a billion dollar

valuation a lot a lot like how many you

give me

like one million at least okay 1 million

would be a lot okay but but look

here

sandbox oh hold on let's see if we can

get sandbox let's see if we can get

sandbox

here cuz you're going to when you see

this okay the sandbox there we go let's

click

it okay you going to laugh cuz it's got

a billion dollar fully diluted valuation

and it has

23 weekly active

users

23 weekly active

users in the last 30 days 2,000 people

have played this

game okay

$1 billion fully DED valuation this is

what you call a piece of [ __ ] coin okay

and uh another one okay now again I'm

not making friends here I'm not making

friends here but we like we need to talk

about this okay the central

land hi the central land let let me

let's go to Mana here this is the show

of not making friends there are shows

where I make friends and communities

love me afterwards thank you okay it's

not here um

let's see the central

land okay I you can't get it wait wait

wait okay you can't you can't get it

here long story short this is not

something I'd be holding okay EOS listen

at the time there was probably a use

case for an EOS type protocol not a

great use case anymore I looked at some

other numbers here Quant um uh vet

3.5

3,500 uh active addresses let's quickly

just see what the market the market um

cap of V

today 3

billion $3 billion market cap okay guys

honestly honestly honestly if you're

holding these tokens if the chart of the

token if it's an old token if the chart

of the token doesn't look like this you

got to sell it okay you got to break up

okay Charles is salty that run is not

holding back on his thoughts on cardano

he will make a video about this and he

will post about this and he will M me

but I don't care cuz I am tired of the

promises I I used to hold Corda okay I

used to hold Corda I held it for a long

time but then I just got tired of the

promises I got tired of the promises I

just enough enough promises I moved on

to some somewhere better and I'm getting

much much much better returns now let me

show you some tokens some old tokens

where the chart looks exactly like this

now just pay attention to what this

chart looks like and now pay attention

again same chart NE protocol look

look at that accumulation accumulation

accumulation breakout retest now moving

on the way up near protocol

coincidentally just added to the AI

portfolio from from U grayscale chain

link up down accumulation accumulation

retest coincidentally also a big

Narrative of real world assets Phantom

accumulation accumulation just look at

how all these charts look exactly the

same look

the graph the graph is one that I really

really [ __ ] like this one I really

really like this one can go Can Go the

whole way that's what I'm saying guys I

think today's show was not about what

you need to buy but actually what you

need to sell you need it's time to break

up it's time to get rid of the bad

tokens in your portfolios that's what

Today Show is about I hope you you got

the message I do want to remind you of a

few things the first thing that I want

to remind you of is my you know what

this is going to hurt me to give away to

give away this car is really going to

hurt me so you know we are giving away a

cyber truck if you want it you click

here you open an account on buit you

have to trade every time you trade it

basically is an entry into the um you

can any account on buy but every time

you trade it's an entry into the the the

it's not it's not every time you trade

it's a certain amount of trading volume

it's an entry into the competition and

then we're going to draw the winner in

September um that's the first one that

you need to look at second thing is I

saw that a lot of you have taken

challenges on um uh uh on bitf funded I

I think super important that you do this

quickly because they've got this $49

challenge remember this is where you

trade with other people's money so you

put in $49 and you can trade with $5,000

of other people's money put in 99 you

can trade with $10,000 you put in 229

you can trade with 25,000 all you need

to do is you need to prove that you're a

good Trader so you need to get one one

period where you have to get over 10%

return and another period where you get

over 5% return and then from that point

on you're trading with other people's

money that's that's basically what it

is so join me on one of these challenges

I've I've I'm in the middle of a

challenge now let me show you actually

uh I wonder how you actually show the

account let's see I'll show you my

account here so I'm I'm in the middle of

a challenge right now I'm so far I'm

doing very very very

well let's see if we can see it

here let me show to you hold on let me

actually show you how how this how this

actually works I think it's I think it's

really good so

okay there we go let me just log in and

you can see how this works I think I

think this is the best risk return

strategy in the whole world cuz if you

lose you lose $49 or $100 or whatever

else but if you win then you then then

you can actually um uh you can actually

um uh you play with other people's money

so you're not you make money but you you

play with other people's money so let me

quickly log in uh let me just quickly

hide that in case my password is visible

I know you guys you like password is is

something that you guys love um so you

see I'm already uh on let's go to my

dashboard you see I've got I'm I'm

already up the 8% I've got $111,000 in a

$10,000 account cuz I B that trade uh

I'm just I've going to go through five

trading days where I make profits then I

go into stage two I'm going to make $500

profits and then once that's done I'm in

stage three then I'm live then it's not

a demo account it's actually a live

account and then I'm trading with other

people's money and I keep 90% of the

money so it's it's really the best thing

to do um what you do is you go here you

click on bitf fund.com here it is you

open an account and then join us let's

just see it's the best test that you've

got to see if you're a good Trader

without actually burning your own

account just put $50 in here you can

play and if you are good like you say

you are then you get 90% of the money I

mean I mean honestly what what what's

going on here

um let's just see

here uh you see my we have an we have an

HR Manager in our company runs the HR

and she wants to move everyone to slack

we need to tell Theo please can you all

text Theo in the chat and just say Theo

we cannot move to slack we all love

WhatsApp um tell her that slack is dead

tell her slack is

dead yeah just tell her slack is tell

slack is very very dead um let's see

there's anything happening in The News

Room any any new cool [ __ ] happening at

the

moment no all right amazing so we will

see you guys again tomorrow

you can Josh you can press the button

until then trade well my friends

[Music]