Imminent Altcoin Bloodbath! [How I’m Preparing!]
Summary
TLDRThe video script discusses the current state of the economy and cryptocurrency market, particularly focusing on Bitcoin. The host explains that despite weaker GDP numbers leading to expectations of reduced interest rates by the Federal Reserve, the market reacted negatively, with the NASDAQ and risk assets like Bitcoin dropping in value. The speaker suggests that savvy investors can still find opportunities to make money during periods of sideways market movement. They delve into various strategies, including investing in meme coins and participating in airdrop farming, which can provide the necessary 'dopamine hits' for thrill-seeking crypto enthusiasts. The host also touches on political topics, such as the potential impact of proposed tax increases on the market and the debate over free speech with the possible banning of TikTok in the US. They conclude by encouraging patience and providing specific advice on where to look for profitable opportunities within the crypto space during times of market stagnation.
Takeaways
- 📉 The recent GDP data showed weaker growth than expected, leading to market confusion as lower growth typically signals a potential interest rate cut by the Fed, which did not happen.
- 📈 Despite the market downturn, there are still opportunities to make money, particularly in sideways markets where some investors may get bored, but others can find profitable areas.
- 🔄 The speaker believes the current sideways market is similar to previous periods before significant market upswings, suggesting patience and a potential for future gains.
- 🚫 The market reacted negatively to President Biden's proposed increase in capital gains tax and the introduction of a tax on unrealized profits, which could impact investors heavily.
- 💬 There's a debate over the banning of TikTok in the U.S., with the CEO fighting back and taking the case to court, highlighting the importance of free speech and community platforms.
- 🤔 The market's confusion is highlighted by the desire for economic slowdown to reduce inflation, yet when the GDP data indicates slower growth, the market also reacts negatively, fearing stagflation or recession.
- 📊 The speaker suggests that the market's sideways movement is a form of capitulation, where leverage is reduced, and patience is required for the eventual market breakout.
- 🧠 The categorization of meme coins into different types such as utility memes, pure memes, community memes, political memes, and character memes indicates a more serious consideration of these assets by investors.
- 🎰 During periods of sideways market movement, investors often seek dopamine-stimulating activities such as trading meme coins, participating in online gambling, or engaging in airdrop farming.
- 🚀 The speaker is bullish on certain sectors like meme coins, which they believe will offer significant returns, and suggests that these can be a source of profit during less dynamic market periods.
- 📅 The upcoming Bitcoin debate in West Palm Beach, featuring prominent figures in the cryptocurrency space, is positioned as a significant event in the crypto community's calendar.
Q & A
What was the reaction of the market to the recent GDP data?
-The market reacted negatively to the recent GDP data, with the NASDAQ collapsing by 1% and risk assets, including Bitcoin, experiencing a downturn. This was contrary to expectations that weaker GDP numbers would lead to reduced interest rates by the Federal Reserve.
Why did the speaker believe the sideways movement in the market is not necessarily bad?
-The speaker believes the sideways movement is part of a healthy accumulation period in a bull market. They argue that in bull markets, the market typically experiences upward movement followed by a consolidation period before moving up again.
What is the significance of the 14-day RSI and 3-day stochastic RSI in the speaker's analysis?
-The speaker is waiting for the 14-day RSI to catch up to the 3-day stochastic RSI as a signal for a potential market breakout. They are closely monitoring these indicators to time their buying opportunities.
What was the impact of President Joe Biden's proposed tax changes on the market?
-The proposed increase in capital gains tax to 44.6% and the introduction of a 25% tax on unrealized profits led to a downturn in the market, as these changes are seen as unfavorable by wealthy investors and those holding assets.
Why is the speaker not too worried about the current market situation?
-The speaker is not too worried because they believe the current sideways movement is a normal part of a bull market's accumulation phase. They also note that long-term holders typically start selling their positions at the onset of a bull market, which is a sign they are currently in.
What is the significance of the debate in West Palm Beach on May 3rd?
-The debate in West Palm Beach is significant as it is considered the biggest Bitcoin debate in history, featuring four titans in the cryptocurrency space arguing for and against Bitcoin, moderated by a highly regarded moderator.
What are the speaker's thoughts on the current state of the TikTok ban in the United States?
-The speaker is supportive of TikTok's fight against the ban, aligning themselves with the platform's stance on free speech. They believe the ban is an infringement on American values and that the TikTok community adds value to its users' lives.
Why did the speaker mention the potential for the market to categorize meme coins as an investable asset class?
-The speaker suggests that as meme coins have shown significant returns and are being considered by fund managers and hedge funds, they are becoming too substantial to ignore and may soon be treated as a legitimate asset class by the market.
What are the different categories of meme coins that the speaker and Fred discussed?
-The speaker and Fred discussed categorizing meme coins into utility memes, pure memes, community memes, political memes, character memes, and law-based memes, each with their own unique characteristics and potential for return on investment.
What are the strategies the speaker suggests for making money while the market is moving sideways?
-The speaker suggests focusing on meme coins, online gambling, and airdrop farming as strategies for making money during sideways market movements, as these areas are likely to provide the excitement and dopamine hits that traders seek.
How does the speaker plan to use the Gummy token in their ecosystem?
-The speaker plans to allow users to stake their Gummy tokens and earn points to acquire other meme coins, effectively creating a meme coin factory where users can multiply their holdings through various interactions.
Outlines
📉 Market Reaction to Weak GDP Data
The video discusses the recent GDP data which was weaker than expected, leading to a market confusion. The expectation was that weaker economic growth would prompt the Federal Reserve to reduce interest rates, but instead, the market reacted negatively with the NASDAQ falling by 1% and Bitcoin dropping to $63,000. The speaker suggests that despite the sideways market movement, there are still opportunities to make money, and they will share insights on how to capitalize on the situation.
🤔 Understanding the Sideways Market Movement
The speaker explains that in a bull market, sideways movement is normal as it represents a consolidation phase. They draw a parallel to the market conditions in September 2023 and predict a similar upward trend following the current stagnation. The importance of data analysis is emphasized, particularly the behavior of long-term Bitcoin holders, which is seen as a positive sign for the market. The anticipation of a technical breakout is also mentioned, specifically waiting for the RSI and stochastic RSI indicators to align.
🚨 Political Influences on the Market
The video touches on political factors affecting the market, such as President Joe Biden's proposed increase in capital gains tax and the potential introduction of a tax on unrealized profits. The impact of these proposals on the market sentiment and the potential need for businesses to sell assets to pay taxes are discussed. Additionally, the ongoing debate around banning TikTok in the United States and its implications for free speech are mentioned.
📈 Bull Market Characteristics and Expectations
The speaker reassures viewers that the current sideways market is characteristic of a bull market, where periods of consolidation are followed by price increases. They discuss the historical pattern of the market, pointing out that long accumulation periods typically precede significant market moves. The focus is on the importance of patience and the anticipation of a market breakout signaled by technical indicators.
🎰 Exploiting Sideways Market with Dopamine-Stimulating Assets
The speaker suggests that during sideways market movements, investors often seek assets that provide excitement or 'dopamine hits'. They predict that meme coins, on-chain narratives, and gambling platforms will be popular as they offer the thrill of rapid price movements. The speaker also discusses the potential for making money through airdrop farming and provides specific strategies for capitalizing on these opportunities.
💰 Strategies for Sideways Market Profitability
The video concludes with strategies for profitability during sideways market movements. The speaker identifies three main areas where investors can seek gains: meme coins, internet casino platforms, and airdrop farming. They also provide specific instructions on how to participate in these activities, including signing up for certain platforms and trading decentralized farms.
🎉 Upcoming Gummy Airdrop and Farming Opportunities
The speaker announces an upcoming airdrop for Gummy, a meme coin, which is expected to be highly valuable. They provide instructions on how to prepare for this event by opening accounts on specific platforms and engaging in decentralized farming. The anticipation is that Gummy will become a hub for acquiring other meme coins, offering a unique opportunity for investors in the current market climate.
Mindmap
Keywords
💡GDP data
💡Federal Reserve (FED)
💡NASDAQ
💡Bitcoin
💡Sideways market movement
💡Accumulation Zone
💡Stochastic RSI
💡Meme coins
💡Airdrop farming
💡Leverage flush out
💡Sell in May and go away
Highlights
GDP data was weaker than expected, leading to market confusion as a slowdown typically prompts the Fed to reduce interest rates.
NASDAQ and risk assets, including Bitcoin, collapsed following the GDP data release, contrary to expectations.
The market is in a state of uncertainty, torn between wanting a slowed economy for reduced interest rates and fearing a potential recession.
The speaker shares personal investment strategies for making money during periods of sideways market movement.
Historically, Bitcoin has experienced sideways movement during bull markets, often followed by significant growth.
Long-term Bitcoin holders typically start selling their positions at the onset of a bull market, signaling a potential upcoming peak.
The speaker predicts that the Relative Strength Index (RSI) and stochastic RSI will align, indicating a market breakout.
A debate on Bitcoin featuring four titans is scheduled for May 3rd in West Palm Beach, Florida.
The market downturn is attributed to proposed tax hikes by President Joe Biden, particularly on capital gains.
The lack of inflows into the Black Rock ETF and outflows from GBTC contributed to the market decline.
The US GDP data, which was lower than expected, led to concerns of stagflation and a potential shift in Fed policy.
The speaker discusses the potential for a 'sell in May' trend based on historical market performance.
Meme coins are emerging as a significant asset class, with hedge funds and venture capitalists showing interest.
The speaker categorizes meme coins into different types, including utility memes, pure memes, community memes, political memes, character memes, and law-based memes.
Strategies for making money during sideways market movements include investing in meme coins, on-chain gambling, and airdrop farming.
The speaker provides specific platforms and methods for farming meme coins and participating in airdrops.
The importance of patience and timing in crypto investments is emphasized, with a focus on long-term gains over short-term volatility.
Transcripts
[Music]
okay so today's drama is that we just
had the GDP data and the GDP numbers
were actually weaker than people
expected in other words what happened
was the economy grew Less Than People
expected now we thought this would be a
good thing because if the economy grows
at less than people expected then the
FED should reduce interest rates because
that means that the economy is slowing
but that's not what happened to the
market in fact when the market heard
this news this is what happened you had
the NASDAQ collapsing by 1% you had all
risks asset collapsing you got Bitcoin
now at 63,000 and what it seems like is
it seems like we're just going to carry
on chopping sideways and sideways and
sideways what most people though don't
realize is that while Bitcoin chops
sideways there are ways to beat the
market and to make money and you just
need to know where to look so for those
some people are getting bored and and
and and getting bored at the market and
not making any money and others know
where to look and they will make money
so I'm going to show you where I'm
looking to make money I'm going to show
you exactly what happened the last time
that this happened and I'm going to show
you why the sideways movement is
actually not that bad all right so let's
go let's
go this Market is so confused like it's
like it doesn't know what it wants it
wants the economy to SL slow down so
that pile can reduce interest rates but
then when the economy slows down it's
like oh w w the economy is slowing down
we're maybe getting into stagflation or
maybe into some kind of recession so
that's where the market's at at the
moment and um I'll show you why I'm not
too worried about that at the moment
I'll show you why I'm not too worried
about that at the moment uh as you can
see we're still in this range that we
have been ranging in actually I think we
are on day 58 of this range let's
quickly just check yes we are let's just
say we start here and we go all the way
to yeah we are in day 58 59 we're in day
59 of this range if your thesis is that
we're in a bull market I'll show you why
you don't have to worry uh tomorrow okay
I see the researchers are reaching out
to me all right listen so we are going
to talk about that I'm also going to
show you a couple of little cheat codes
a little couple of places that you can
look to make money in this period and
then we're also going to talk a lot
about meme coins so if you want to get
DJ and dirty and and everything else
you've come to the right place if you're
not already subscribed to the channel
you know what to do subscribe to the
channel like Maniacs go like maniacs
Maniacs subscribe to channel uh and also
smash the like button let's get the show
out there there's some days that I also
don't want to be here because it's just
so boring but I show up every single day
and I smash the like button every single
day which is exactly what I expect you
guys to be doing all right let's not
delay anymore let's get into the show in
fact before we get into the show before
I we get into the show I don't know if
you guys know this before I don't know
if you guys know this but I'm going to
I'm going to break it to you guys first
so on the 3rd of May in West Palm Beach
which is in Florida right basically
there is the biggest Bitcoin debate that
has happened in the history of Bitcoin
debates there are four Titans battling
it out there's Eric fuis and Anthony
scaramucci for the Bitcoin side of the
debate and there's Peter Schiff and
nuriel rabini against and the moderator
there is this guy who's moderating they
they say they say research has shown
that he is the best moderator in the
world b n okay I mean this guy is a
phenomenal phenomenal phenomenal
moderator no one in the world can
moderate debates like he moderates
debates he will be moderating this
debate live in West Palm Beach uh on the
3rd of May okay now the moderator is the
guy in the middle okay now I mean great
guy fantastic fantastic guy moderating
probably what is the biggest debate
Bitcoin debate in history uh that is
going to be live uh in in West Palm
Beach now if you want to attend a dinner
with Peter Schiff noral robini uh myself
and Eric fuis uh you're welcome to join
there is a link in the description but
the dinner is reserved for I think 15
people it's a very very very small
dinner and it's quite pricey I think
it's about $10,000 a ticket or something
like that obviously none of the proceeds
go to us it's all organized by Zero
Hedge but if you want to join that
dinner there is a link in the
description it's only 15 people if
you've ever wanted to have dinner with
Eric fuis nuro robini me Zero Hedge
Peter shiff uh feel free to join us feel
free to join us again I say none of that
money is going to us it's all about uh
it's all uh going to this debate and to
fund this debate all right let's talk
let's talk markets let's have some fun
with markets I know it's boring out
there I know it's boring out there but I
want to show you why I'm not too worried
I want to show you why I'm not too
worried and you can tell me in the chat
if you are as a it's not only boring I
mean look at this how long ago how long
was it since we had bubbles where all
the bubbles were red every single one of
the bubbles red um on that note can can
we just talk about the farming of points
on bubbles I know some people are
running like 80 devices
please calm down because uh we we have
to keep upgrading our servers to to to
do it anyway let's go back to it so
we're moving sideways we as I said to
you we're now 59 days in the sideways
range boring as [ __ ] I agree completely
boring as [ __ ] but I'll tell you why I'm
not worried because in Bull markets this
is what a bull market is you go up you
get a consolidation you go up again you
get a consolidation you can see that
this tweet over here says
that um feels exactly like September
2023 the market is is boring as [ __ ]
every pump is being sold instantly
everyone in crypto Twitter is fighting
each other and then I went back to
September 23 and that's September 23 and
that's you know the sideways movement
that we had in September 23 which lasted
approximately 59 days and then we broke
up and then we had another sideways
consolidation where we went sideways
from 2nd of December and we went all the
way for 60 days or so and then we broke
all the way up and we went up there that
is what a bull Market's like this is
called the accumulation Zone usually
what happens is if you take the length
of the accumulation zone so you take
like that length over there of the
accumulation Zone usually that length is
the length of the move up and you can
see that my drawing is not exactly equal
but it shows you that's what what it's
about so if you believe that we are in a
bull market then these are healthy
accumulation periods and the longer the
accumulation period is the bigger the
move the next time Bitcoin starts to
move now when you want to you can't just
blindly believe that we're in a bull
market right because that's like dumbass
so you got to look at data I always look
at data and right now with the data is
showing me or one or this data point
specifically showing me that in the in
the bull market long-term holders
actually start selling their positions
so long-term Bitcoin holders typically
begin to sell off their positions at the
onset of a bull market and this
continues right through to the cycle
Peak now you can see that these
long-term holders have actually started
selling their positions they're starting
to reduce their positions and they do
this every time until while retail or
the short-term holders actually land up
buying from them so this is the part
where the bull market actually starts
I'm not too worried because the sideways
movement is pretty much like like par
for the course I did say to you that
we're just going to carry on into this
range until eventually I'm waiting for
the RSI the stochastic RSI to break out
right I said to you it's almost time to
buy what we're waiting for is we waiting
for this orange line which is the 14-day
RSI to catch up to this blue line which
is this uh which is the the 3-day
stochastic RSI and we're nearly there
you can see that every day we get closer
and closer this one's now gone below 20
this one's moving closer and closer and
closer to 20 we are ranging sideways and
eventually it's going to hit that
breakout and it's going to go out there
also look I don't know if you remember
but we spoke about this tweet before the
harving and I want to remind you because
we we actually read this tweet from Lady
of crypto um she said look the Haring is
only a few days away Bitcoin altered
down bad You' be lied to sorry she she
she she showed us this tweet over here
where she said that was the other one
was the wrong tweet um she said in the
20 in the 2016 Haring what happened was
we had a dip and it took us6 days a
little bit of a dip and 116 days to
actually start pumping and if you looked
at the 2020 Haring you had a 76 day
range of like up down up down up down
before we actually started going up as I
said we're now how many days away from
the Haring Haring is like 2 weeks away
from us so this sideways movement is
actually pretty normal sideways movement
so I wouldn't be panicked about this
pretty normal sideways movement as I
said to you for me I'm waiting for the
stochastic to get below 20 I'm patient I
mean I'm even patient like you know if
it takes a month or two I'm cool set on
my positions for a month or two what I
do know is that every single time the
stochastic goes below the the 20
eventually at catapult I'm ready I'm
going to be buying then um let's talk
about why the Market's actually moving
down let's talk about like why why what
happened yesterday why did we actually
we were doing quite well we were like
quite bullish yesterday the comments are
bullish the bubbles are bullish we wake
up this morning we look at the bubbles I
just wanted to go straight back to bed
um instead I just took a gumy and came
to work um I did not say that live but
um so um let's look at what what
actually caused this dip yesterday or
what caused the stock markets and all
the and all the dips yesterday so what
caused the dip yesterday was this so Joe
Biden um The Genius decided that he
wants to introduce a high capital gains
tax 44.6% capital gains tax basically in
an election year what this guy is doing
smartass he is raising taxes
specifically he is raising capital gains
taxes and why and the market doesn't
like this because remember the market is
very full of wealthy people it's people
that have assets which are holding them
in the market and the market doesn't
like the fact that Joe Biden is talking
about increasing tax rates part of this
tax rate proposal is that he's talking
about increasing unrealized or or
introducing a 25% tax on unrealized
profits now let's understand what that
means say you buy a Bitcoin and it goes
up in value and you don't sell it you
still have to pay a tax because it's
gone up in value because even though the
the the the the profits are unrealized
you still have to pay a tax now David
sax who's a business genius he says look
let's say you build a business for
Scratch and you qualify for Biden's new
25% new unrealized tax gain you have to
sell 25% of your business to pay the tax
even though just like you start a
business let's say you start a business
now you work your ass off you take all
your money and you put all your money
into this business and all your time
into this business then the business has
a value of $1
million now you have to pay $250,000 in
tax but you don't actually have that
value which means the only way you can
get that value is sell some of your
business okay this guy has lost his
absolute marbles this guy's actually has
lost his mind I mean I don't know if you
saw
this we can do
next four more
years pause four more years pause more
years I mean pause the GU reading of his
teleprompt and it like it says pause and
the guy's like reading four more years
pause guys lost his marbles at the same
time I don't know if you saw this but
the Democrats or not even the Democrats
then America is now trying to ban Tik
Tok and the CEO of Tik Tok is actually
fighting back and I tweeted yesterday I
said you know in the war of the US uh
against free speech I would back this
guy over the US political system just
listen to what he says a show here as
you may have heard Congress passed the
bill that the president signed in the
law that is designed to ban Tik Tok in
the United States that will take Tik Tok
away from you and 170 million Americans
who find community and connection on all
platform make no mistake this is a ban a
ban on Tik Tok and and a ban on you and
your voice politicians may say otherwise
but don't get confused many who
sponsored the bill admit a Tik Tok ban
is the ultimate goal it's obviously a
disappointing moment but it does not
need to be a defining one it's actually
ironic because the freedom of expression
on Tik Tok reflects the same American
values that make the United States a
beacon of Freedom Tik Tok gives everyday
Americans a powerful way to be seen and
heard and that's why so many people have
made Tik Tok part of their daily lives
rest assured we aren't going anywhere we
are confident and we will keep fighting
for your rights in the courts the facts
and the Constitution are on our side and
we expect to Prevail again our community
is filled with people who have found
acceptance and compassion offered
inspiration and encouragement increased
their awareness and brought into
perspectives ultimately adding more
delight and joy to their lives our
community is also filled with 7 million
business owners who have built their
livelihoods on Tik Tok while we make our
case in court you'll still be able to
enjoy Tik Tok like you always have in
fact if you have a story about so long
story short they're going to court
against the government and to fight for
free speech this is all Happening by the
way in the land of the free so it's in
the land of the free they're not taking
away Tik Tock from you and I'm in the
David sax Camp which is like look
they're going to introduce the bill and
actually actually what I think they're
doing is I actually think they're going
after Elon Musk I think they introduced
this thing on Tik Tok but I actually
think that they're going after Elon Musk
because what they want to do is they
want to shut up this free speech
platform that Elon Musk has created so
what do you do you shut out you shut
down Tik Tok you shut down Telegram and
then you go for x and then you get this
whole thing so I think look I think the
Democrats are playing with fire um it's
no big secret that I think it's time for
them to leave the White House and let
get anybody else and I don't mind who
goes in as long as long as it's not the
Joe Biden so anyway um enough ranting
about politics this is a crypto show uh
also we want the show to remain on
YouTube so we'll just go back to our
crypto uh broadcasting now um so reason
number one the markets went down the 25%
tax it's a nothing bger it's never going
to get past it's not the first time the
Democrats have spoken about it it's an
election ploy to show that they're
taking from the rich and they're giving
to the the the poor people okay that's
why it's happening second reason why the
market went down is because yesterday
there were no inflows into the Black
Rock ETF imagine that imagine you have
like one day one day after 71 days one
day where there is zero inflows into the
Black Rock ETF now I mean I must say
that's not the best news in the world
but while the Bitcoin price is moving
sideways I don't see people being
attracted to buy Bitcoin I think when
the price moves down some people are
going to buy the dip and when the price
moves up and as the price starts to
accelerate up price is the biggest
advertisement for Bitcoin so I think in
the sideway stuff I don't think we're
going to get lots of inflow and that's
exactly what happened we had $130
Million worth of outflows for gbtc and
we had no inflows into I mean zero
literally zero what do you think the
Black Rock people were went on like a
day or away yesterday on like maybe they
went maybe they went on a team building
or something anyway third reason why the
market went down and this is a crazy
reason so we had the US GDP data that
came out now remember what PO is trying
to do by increasing interest rates or
keeping interest rates high is slow down
the economy so that the inflation will
start coming down and that the jobless
rates will actually increase so more
people will have uh so more more people
will be unemployed right that's what P's
trying to do he's trying to take away
jobs from people and calm down the
economy and bring down inflation at the
same time and so we actually got low GDP
data we got it 1.6% which was below the
expectations of
2.5% so we thought okay good the the
Market's going to love that celebrate
that we thought the markets were going
to pump bang the markets go down 1% why
because now they're starting to talk
about uh stag flation now they're
starting to talk about oh my God the
economy is not working now they're
starting to talk about okay and now the
markets are starting to price in
actually no rate cuts no rate Cuts
before December can you believe that fed
swaps no longer fully priced in a rate
cut before December if I look at the CME
voting tool you can see
that you can see that you can see that
they are now pricing in okay they're
pricing in one rate cut this year but I
think that even that rate cut is going
to be is going to be cut out so that's
the other thing that happened to the
market today so thing number one Biden
tax cut tax hike and just Biden because
I mean I mean okay let's just get off
politics uh two uh Black Rock no inflows
because there's just no interest because
the Market's moving sideways three bad
GDP data that's actually good GDP data
that's actually bad GDP data so the
Market's really confused um kisat says
Dar Futures extended to 350 points
weaker than after weaker 350 points down
after weaker than expected GDP data
interesting is the first time the
markets have fallen on week economic
data in the past week economic data
meant more cuts which was bullish now we
have Rising inflation and weakening
economic data this means that higher for
longer is in is into a weaker economy so
this is what the Market's actually
worried about so that's what the
Market's worried about uh I'm going to
show you why I'm not really worried
because yes we've had the leverage flash
out okay good so we've had the leverage
flash out the Crypt Bros been flashed
out the Leverage is actually started to
come down we had a reset but remember
that part of the flash out is actually
sideways movement so remember that the
flash out is not only about price
flashing out leverage it's also about
sideways movement which causes people to
capitulate so as I said to you I've said
to you multiple
times if you want a a flush out in the
market there are two ways to achieve it
one of them is to crash the price like
it happened after FTX where the price
goes down really fast bang flashes out
all the people you liquidate everyone
people are so scared they don't want to
come back into the market two is you
just torture them and how do you torture
them you torture them by going like this
sideways down s up up up oh yeah we're
going up down and you just torture them
it's like torture and then what happens
is with this torture everyone starts
hating each other everyone starts giving
up people start like I mean this is
actually a capitulation tweet it says
all our bags are down we either make 30X
from here or we lose it all like that's
a capitulation tweet then you've got um
you see when we move sideways when we
move
sideways the realized losses continue to
decrease which means at some point
there's no Panic sellers left so as we
move sideways people start to sell and
they realize their losses until
eventually the people that are left are
just the long-term Diamond handh holders
the ones that don't really care about
the short-term losses and that's that's
now becomes the new the new uh uh uh
Narrative of the market or the new the
new holders of the market and then we go
up for the next Le Coach K says best to
take profit warning you now ta is why
long-term wallets are selling why
impending bearish movements is why
careful yeah the market could go into
sell in May so now we're getting this
whole Narrative of sell in May and I was
I was teasing other day I said look is
there a countdown clock for sell in May
cuz I knew that this narrative would
come of people saying sell in May truth
is anyone who tells you to sell sell in
May is getting it all wrong why because
they always look at the May
performance okay so let me just help you
guys cuz I know some I know some people
are not as fast as other people if you
want to sell your tokens in May then the
May performance doesn't matter what
matters is June July and August right
because if you're selling in May then
what happen what matters is June July
and August right so this guy goes and
Compares and he says sell in May
positive positive positive obviously you
want to sell in May into the positive
strength question is what happens after
May what happens in Q3 right and you can
see that Q3 is actually the worst the
worst quarter for Bitcoin so generally
Q3 is not a great quarter for Bitcoin
and that's why you got this whole
Narrative of sell in May um and I knew
it was coming so as I say I think that
the sideways movement is actually part
of the capitulation it's part of like
flashing people out I think if you like
me believe that we're in a bull market
then you you're going to get this kind
of pattern sideways sideways sideways up
sideways sideways sideways up sideways
sideways sideways up it's normal it's
also normal after the harving to get
exactly this kind of of price
performance and so I'm not like like
cool great we just carry on doing what
we're doing now next thing that you can
do is decide what to do and what crypto
dents are going to do in this time okay
so ask yourself ask
yourself we we are here
because we are a certain type of
Personality right we are generally risk
Seekers absolute [ __ ] DJ we need
stimulation in our lives we need
dopamine hits every single day if we
don't get our dopamine hits then [ __ ]
goes down so ask yourself what if you
want to beat the market you got to ask
yourself what are Crypt Bros going to be
doing in this period where Bitcoin is
moving sideways that's what you got to
ask yourself if you can answer that
question and you can place your chips
onto those narratives you'll actually
end up making money you understand what
I'm saying so I did some research and I
dug deep into what I believe Crypt Bros
are going to be doing what narratives
they're going to be moving to in this
sideways movement and this is where I
think you can beat the market right so
first thing that crypto Bros are going
to be doing in the sideways movement is
this okay so don't know if you saw this
but I think they're going to be doing
this
you can play this at home you can play
this anywhere you want
[Music]
okay
so okay so that's I mean that's one one
option of what crypto dents are going to
be doing the other option of what crypto
dents are going to be doing is they're
going to be looking for their dopamine
hits Where do they get the dopamine hits
someone says I think there's a serious
possibility that Bitcoin does literally
nothing for the next four months it
could happen why do I think so because
it's literally happened 10 out of 10 of
the past summers just flat pump and dump
pump and dump in the mean in the
meantime where are people going to go to
get their adrenaline they're going to go
to meme coins they're going to go to
onchain narratives they're going to go
to places where they can still get their
adrenaline rush so I don't if Bitcoin
continues to move sideways the large
amount of altcoins will continue to move
sideways but there is a subset of alt
that will actually continue to pump and
those are what you can call the dopamine
stimulating alts so if you want to know
where the crypto Bros are going to grow
going to go while the the the market
move sideways they are going to go to
where they can get their adrenaline
their Adrenaline Rush where can they get
their adrenaline rush they can get their
Adrenaline Rush uh uh buying and selling
mem coins right because that's fun it's
a fun game to to play and in fact if you
look at the previous bull markets
previous last last bull market right
what we saw is that the during the
sideways movement you had movement on
things like um uh unibot right which was
the telegram bot narrative you had
movement on things like RIT which was
the gambling narrative right that's
where you had all the all all the
movement uh in the last bare market
right you had you had roll bit you had
unibot why because people were going
onchain looking for adrenaline in a time
where the market was actually moving
sideways so someone says compare onchain
over the past year to now let's look at
all the narratives and what what do they
all have in common Casino meta on rbert
internet memes cult memes trading Bots
frch uh uh uh uh Founders pet salana
onchain run-ups animal racing what do
all these things have in common they are
all dopamine stimulators they are all
things that get us excited even in a
sideways Market think about this like
the onchain casino this is what's going
to go if the market continues to move
sideways the real movement is going to
be in any application or stim or
anything that that that that increases
the amount of dopamine that we that that
that stimulates us and one of the big
narratives and one of the big winners
here is actually going to be mem coins
and as I said before I think that we
can't discount mem coins anymore I think
that they've now become a big asset
class and I read this article on
Bloomberg which actually says that fund
managers hedge funds are succumbing to
mindboggling returns of mem coins get
this get this the hedge fund worlds
appears to be finding the
siren the siren song of meme coins
irresistible when dog with hat became
the hottest token in the crypto back in
December Newport Beach California
Stratus launched a liquid fund that held
the token whose mascot is of course a
dog wearing a beanie at one point the
token's price appreciated more than 300
times helping the fund post 137% return
Stratos which said which said its
limited partners include venture
capitalist like Mark Andre and Chris
Dixon from Andre Hart is the only fund
is isn't the only fund to dive into
mcoins brev Howard has made a tiny
investment in the sector so they're
starting to look for the returns in mem
coins and what you can see is that
Andrew Kang says he says the biggest
sign that mcoins are have to stay is
that Doge bottoming at 8%
while salana bottomed at 4 billion what
does that tell you Society is placing
real value on memes we're seeing memes
develop into an asset class and so I
think that what's what's going to happen
here is I think we're going to start
moving sideways for as long as we start
moving sideways Deens are going to be
Deens and they're going to look to make
money in places where they get their
dopamine the first place to get that
dopamine is going to be mem coins you
can't discount mem coins and I think
they're going to the Returns on memec
coins are going to be absolutely
unbelievable because they're so small
relative to the rest of the market and
because they're so simple to trade given
the fact that Salina and bass have made
it so easy to trade and so what I
think's going to happen is people are
going to start to categorize meme coins
into not just it's a mem coin but
they're actually going to start looking
at meme coins a bit differently and so
we started to look uh it's actually Fred
and I we sat down today and we said look
if the market starts to analyze mem
coins and actually starts to make memec
coins into an investable asset class how
is the market going to look at memec
coins and we came up with some
categorizations which I think you guys
will find pretty interesting so the
first thing is you can say look you know
let's look at the top meme on every
chain so there's salana memes and you
can see that gami is actually one of the
biggest holders of salana memes and I'll
show you something that very interesting
that's actually happening on gami but
each chain obviously has its biggest
memes um you've got uh uh on bass you
got Toshi Brett you got based NG Benji
which is which is based NG which is the
which is the dog onton you got um
resistance dog which is the biggest one
on sui you got fud the pig or fud the
Pug you've got speedy and goat on
Phantom so every chain obviously is
going to have its own mem coin but we
wanted to look at it a bit deeper so
what we said is let's look at the
different categories of memes and we
came up with a couple of categories of
memes and I think that this is how fans
are going to start looking at it so the
first category of memes is utility memes
these are memes that actually have
utility so for example uh bankk bankk
bot so there's the bankk bot which
actually uses you know there's the bankk
bot every time you trade with bankk bot
it supports Don and the bankk
communities because they actually buy
back some of the bankk tokens right um
so that's a utility meme it's just not
not a normal a normal meme you got Toshi
which is launching a Launchpad you got
dgen which was a meme but then started a
layer three uh a layer three chain
you've got um shib I don't know if you
talk about shib but those are all memes
with utility then you got the other
asset class of memes now like we got
Tuka let's talk about Tuka so Tuka is a
meme but we are actually building a meme
station with Tuka and I mean by the way
if you haven't subscribed to tu's
YouTube subscribe to his YouTube because
we're going to start dropping a whole
lot of um uh uh videos here on um um uh
YouTube so if you can just drop a link
to the to the YouTube channel over here
um then you've got those are the first
ones is is what they call utility memes
then you got the pure memes pure memes
are like just memes they're like vcat
you know like the vibing cat so you know
like the cat that does this it's a pure
meme it's not about that's the vibing
cat that's what we call a pure meme then
you've got community memes and I think
one of the most powerful Community memes
is of course gamy right so it's a meme
around what we started off as the banter
Community it's the resistance dog
Community it's a it's the um maladies
Community it's the trend is the the
community around gym rats and maybe even
Geeks that want to be Gym Rats it is a
community B B meme um speaking of gummy
Uh I want to show you a sneak peek this
is obviously not live but remember we
said to you we found a way to harness
the power of gummy to to to make the
gummy Community much richer and to do
that basically you will soon be able to
stake your gummy and then earn points
and then earn other meme coins so like
you'll stay gummy and you'll earn baked
so take you see like take your gummy and
get baked and you get take your gummy
and get blazed take take your gummy and
get munchies and you're just going to be
able to get more and more and more and
more and more and more meme coins right
this is coming soon this is obviously
not live yet so if any if you see this
anywhere it's not live yet we'll tell
you when it actually starts coming um
cool then you've got polit political
fire poliy memes which is like Bowden
[ __ ] horen then you got character memes
like based on Benji Benji is like the
oldest breed dog in history you got Moi
which is a favorite fine then you've got
law now I I a law-based meme I I Googled
the term law just to give us like a an
idea of what law is so let's just
quickly l o r e so law is defined as a
body of traditions and knowledge on a
subject or held by particular group so
it's like passing on from person to
person so for example Jensen Jensen meme
the Jensen coin is about the knowledge
passed from from Jensen hang who's the
founder of of um of uh uh Nvidia um so
those that I think how the I think the
Market's going to actually start looking
at memes much more seriously and they're
going to start breaking them down into
different categories of memes I think
these are some of the categories of
memes that the Market's going to look at
if the market does get um uh uh excited
about memes also if you want to get into
memes and make money memes snipe memes
and you can just go get snipe Bots and
you can actually snipe memes those
snipers actually land up making a
shitload of cash um so yes while we move
sideways anything that stimulates
dopamine wins memes
probably the biggest winners here and
you're going to get them moving down a
lot and then when the market bounce
they're going to move up a lot and
that's the casino of actually playing
memes um uh as I said to you in the last
bull market when we moved sideways
that's exactly what happened you can see
it over here so you see Bitcoin was
moving sideways sideways sideways and
maybe even slightly down and then look
at unibot unibot just shot up like crazy
um there was another one like that uh
here it is it's RIT see Bitcoin was
moving sideways and then RIT actually
moved up because why those are like
dopamine stimulating memes the other
token that I actually think might do
quite well and I am a a holder is the
crown token which is the the apps called
photo finish what it is it's basically
nft horse racing so it's like like
basically like horse racing with nft
horses and it's it looks quite cool I
think people are going to go and look
for dopamine and I think this is one of
the places where people are going to
look for dopamine so that's the first
the other place okay so one mem coins
two
gaming gambling but I don't think it's
going to be R but I think it might be
like horse racing and stuff like that
third place where people are going to
look is airdrop farming so like they're
going to go and look for air drops and
get air drops and become rich even while
the market actually goes down right and
I mean I'm going to show you two places
where you can actually go for air drops
two of them are sponsors so chappies if
you go to chappies effectively you can
go to communities here you can basically
go to to uh
to what this place does is it it it
takes you to places where you can do
things to actually earn chappie tokens
right so let's just see if we can you
see you stake a token you complete okay
so this is an ad for one of the places
okay let's just go back let's go back
here so effectively I'm my my wallet's
not connected yet but you can go and do
certain things on chappies and you can
land up getting uh nft tokens and stuff
like that the other airdrop is the bitg
get wallet airdrop if you go and
download a bitg get wallet there's a
link below if you go and down a bit
wallet you can actually end up getting
an air drop so three places one is memes
two is any type of Internet Casino three
is any kind of air drop farming those
are the things that are going to do well
now while the market is moving sideways
um yeah I think that's pretty much it I
think that that's pretty much what the
Market's going to do I think for now
what's going to happen is we're just
going to wait for the market to to move
sideways I mean you can see nothing's
happening it's like sideways sideways
boring boring sideways remember if you
want to be farming gummy uh we are we
are going to announce the date of the
airdrop One open an account on bybit uh
they will be listing gumy very very
shortly very very shortly I can't tell
you when so open account and bit in fact
let me show you all the different ways
that you can farm gumy and you will need
gumy uh you will need gumy to enter into
this uh into to be getting other meme
coins it's going to be the biggest meme
coin Factory in the world you're going
to stake your gumy you're going to get a
hold of other meme coins St your gy get
a whole lot of other meme coins just
rinse repeat rinse repeat rinse repeat
um how do you get them you go
to you go to um let's see here you go to
our show
today hold on a second okay wow what a
great thumbnail unbelievable okay so you
go to uh you go to here you go to gamy
next air drop sign up for buybit blof
fin or EVO and trade uh decentralized
Farm on banter bubbles or sign up for
well School those are the only five ways
to farm to farm gumy the air drop is
still worth like $15 million and it's
coming very very very soon so hurry up
and do that otherwise go to chappies um
you can get an airdrop on chappies by
staking so you stake on chappie okay
wait I clicked the wrong link let me
show you you go you can get an airdrop
by uh you can go here to chat.com
and you
will if the internet works everything
will be amazing
here come on internet come on interet
okay so bad internet but anyway go to
ches.com because there you can do a
whole lot of things to get air drops um
here we go here we go I got it I got it
so chat and earn stay can earn so you
can just go and chat and earn just go
chat in telegram chats and you can
actually earn tokens and aird drops and
stuff like that that's what you do
that's what you do when the market moves
sideways um or you just do nothing or as
I said before just do this and for this
what you you don't need a lot you need
two masks two elastics and one dumb
friend and then you can just play this
game which I think is a great game to
play If you're looking for dopamines in
the bare Market I will see you guys
again tomorrow until
then right well my friends
[Music]
[Applause]
浏览更多相关视频
![](https://i.ytimg.com/vi/zY3_QQKElsY/hqdefault.jpg?sqp=-oaymwEXCJADEOABSFryq4qpAwkIARUAAIhCGAE=&rs=AOn4CLDFSSWdVdRsvrYZVEc0N417dAwBlA)
BITCOIN: TRUMPS INSANE CRYPTO PLAN!!!! 🚨 (all holders must see this)
![](https://i.ytimg.com/vi/WW6LLuIA79Y/hq720.jpg)
Bitcoin will PUMP but first we see “the death of crypto” (it’ll be sweet)
![](https://i.ytimg.com/vi/1EEIdxIWVG8/hq720.jpg)
Ethereum ETF Countdown🚀Altcoin Technical Analysis w/ @investingbroz
![](https://i.ytimg.com/vi/acwPKyCjhDI/hq720.jpg?v=66011229)
This New Crypto Sector Is Literally Making Millionaires On Repeat! [You’re Early, For Now]
![](https://i.ytimg.com/vi/N9pQfAiJnzI/hqdefault.jpg?sqp=-oaymwExCJADEOABSFryq4qpAyMIARUAAIhCGAHwAQH4Af4JgALQBYoCDAgAEAEYYSBhKGEwDw==&rs=AOn4CLAAPgHclcJsv7DH69UgYKV2JJ9edA)
Elliott wave analysis of Gold, Silver, Dow Jones, S&P 500 , Nasdaq 100 and Bitcoin | April 15 2024
![](https://i.ytimg.com/vi/bGZMLDCEr5M/hq720.jpg)
Bitcoin rejected, crypto crash and fade continues (here’s your chance)
5.0 / 5 (0 votes)