🚨 BTC & ETH: OH NO......

Summary

The speaker discusses their busy schedule with the Event Horizon project, which has over 100,000 users, and their return to LA. They highlight a 42% discount on trading commissions for high-volume traders and a $30,000 deposit bonus. The speaker emphasizes the importance of understanding market shifts, pointing to 63 banks on the brink of collapse and a significant increase in Bitcoin held by global ETFs. They advocate for crypto investment as a hedge against inflation and encourage joining the Event Horizon community for future financial opportunities.

Takeaways

• 📈 The speaker is busy with the Event Horizon Galley, which has over 100,000 users, and is back in LA, expressing love for the city.
• 🚀 The speaker's trade is currently at $236,000, down from nearly $400,000 in profits, suggesting market volatility.
• 💻 The speaker is offering a 42% discount on trading commissions for users trading over $100,000, through a link in the video description.
• 🎖 The Event Horizon has over 100,000 users and is offering second V2 badges, emphasizing the importance of being an early adopter.
• 🏦 The FDIC has identified 63 banks on the brink of collapse, with realized losses on investment securities for banks jumping to $500 billion in Q1.
• 💼 Institutions and large players are shifting towards Bitcoin, with global spot Bitcoin ETFs holding over 5% of the total Bitcoin supply.
• 🌐 The speaker is building the Event Horizon as a decentralized exchange (DEX) controlled by the people, in response to the traditional financial system's decline.
• 📊 The speaker provides technical analysis for Bitcoin and Ethereum, discussing current support and resistance levels and potential price movements.
• 🔄 The speaker suggests that Bitcoin could be the asset to outperform inflation, as traditional systems may resort to money printing to save collapsing banks.
• 🤑 The speaker is heavily invested in crypto, recommending at least a portion of one's portfolio be in crypto to hedge against inflation.
• 🔗 The speaker encourages viewers to check out the Event Horizon and use the provided link for bonuses and giveaways.

Q & A

What is the main topic discussed in the video?

The main topic discussed in the video is the current state of the cryptocurrency market, with a focus on the Event Horizon project and the speaker's personal trading experience.

What is the Event Horizon project mentioned in the video?

The Event Horizon project is a decentralized exchange (DEX) initiative that aims to be controlled by the people for the people, offering various bonuses and giveaways to its users.

Why has the speaker been taking breaks from making videos?

The speaker has been taking breaks from making videos due to being very busy with the Event Horizon project, which has grown to over 100,000 users.

What is the current status of the speaker's trade?

The speaker's trade is currently sitting at around $236,000, having experienced a decrease from nearly $400,000 in profits.

What bonuses can users claim through the speaker's link in the video description?

Users can claim up to $30,000 in initial deposit bonuses and other giveaways through the speaker's link in the video description.

What special discount is offered for users who trade with more than $100,000?

Users who trade with more than $100,000 can get a 42% discount on trading commissions through the speaker's link.

What is the significance of the FDIC identifying 63 banks on the brink of collapse?

The identification of 63 banks on the brink of collapse by the FDIC indicates a worsening financial situation in the traditional banking system, which may influence institutional investment strategies.

How much Bitcoin do global spot Bitcoin ETFs hold, and what does this represent?

Global spot Bitcoin ETFs hold over 70 billion dollars in Bitcoin, which represents about 5% of the total Bitcoin supply, indicating a significant institutional shift towards cryptocurrency.

What is the speaker's stance on investment in cryptocurrency compared to traditional assets?

The speaker is heavily invested in cryptocurrency, suggesting that it is the only asset that will outperform inflation and is transitioning away from traditional assets due to the current financial instability.

What technical aspects of the Bitcoin market does the speaker discuss?

The speaker discusses the current support and resistance levels for Bitcoin, the potential for a breakout to $80,000, and the possibility of a drop to $64,000 or $57,000 if the current support is breached.

What advice does the speaker give regarding risk management in cryptocurrency investments?

The speaker advises to be prepared for the best but also to be ready for the worst, suggesting a balanced approach to investing in cryptocurrency, such as having at least 20% of one's portfolio in crypto.