Fresh & Fit - Crypto Mindset Returns!

00:01:21.000 And we are live.

00:01:23.000 What's up, guys?

00:01:23.000 We're here with the Crypto Mindset, guys.

00:01:24.000 We're going to talk about the year of accumulation because that year is here upon us.

00:01:27.000 Let's get into it.

00:01:27.000 Let's go!

00:02:18.000 We are live.

00:02:19.000 What's up, guys?

00:02:20.000 Welcome to the Fresh Fit Podcast, man.

00:02:21.000 We are here.

00:02:23.000 We're here with the Crypto Mindset guys.

00:02:24.000 We're here with Miguel and Charlie.

00:02:25.000 As you guys know, they've been on the show many times.

00:02:28.000 It's the year of accumulation, man.

00:02:30.000 Charlie just told me about this a second ago.

00:02:33.000 Quick announcement before we get into the show, guys.

00:02:35.000 We should be fixed with the sound here in a second on YouTube.

00:02:38.000 I know some of y'all were like, hey, there might be an audio issue on YouTube.

00:02:43.000 Because we have a little...

00:02:44.000 We're experimenting with a new setup right now as far as YouTube and Rumble goes.

00:02:48.000 And trust me, it will be worth it.

00:02:49.000 Yeah, y'all will see why here in a second.

00:02:51.000 But we're live on all the platforms.

00:02:53.000 Rumble, YouTube, Twitter, Twitch, Facebook.

00:02:57.000 Everywhere we are out there.

00:03:00.000 Really only a few announcements, guys.

00:03:01.000 CastleClub.tv.

00:03:02.000 Join us over there, guys. 0.96

00:03:03.000 You guys know we got demonetized, so it kind of sucks.

00:03:05.000 But if you guys want to support the movement, check us out over there at CastleClub.tv.

00:03:08.000 That's basically our locals where we give you guys exclusive behind-the-scenes content that we don't necessarily put on YouTube, whether it's IRL streams, Zoom calls, old Patreon content.

00:03:16.000 It's all there.

00:03:17.000 So make sure to check us out on CastleClub.tv.

00:03:21.000 Also, we just did a fire stream yesterday.

00:03:23.000 It was a Thursday impromptu show.

00:03:25.000 We talked about the Logan Paul situation with his girl suing Dylan Dennis.

00:03:29.000 We actually went through the legal document.

00:03:30.000 Yo, the clip about the Holmon was hilarious.

00:03:33.000 The Holmon reference.

00:03:35.000 Listen, man.

00:03:36.000 At the end of the day, man, you know what?

00:03:38.000 Logan Paul and Dylan Dennis are going to be a legendary fight because Logan Paul has to make a choice.

00:03:43.000 Either his girl or win the fight. 0.94

00:03:46.000 Either way, can he win?

00:03:47.000 Really?

00:03:48.000 Who knows?

00:03:49.000 We'll find out.

00:03:51.000 So, yeah.

00:03:52.000 And then also, guys, Rumble.com slash Fresh and Fit, as you guys know, that's home-based for us.

00:03:56.000 So if anything ever goes down, we get canceled or whatever, you guys are going to know exactly where to find us.

00:04:01.000 Rumble.com slash Fresh and Fit.

00:04:02.000 Let's build that up to 500,000 followers, guys.

00:04:04.000 On there...

00:04:06.000 And let's build up our Clips channel as well.

00:04:08.000 Fresh Fit Clips.

00:04:09.000 Let's get that one to 1 million subscribers.

00:04:10.000 There's still no sound on YouTube, by the way.

00:04:12.000 Still no sound?

00:04:13.000 But guys, guess what?

00:04:14.000 Rumble has sound.

00:04:15.000 Yeah, Rumble has sound.

00:04:16.000 Rumble.com slash Fresh Fit.

00:04:18.000 Okay, we'll figure this out here in a second, guys.

00:04:22.000 Fresh, can you do this?

00:04:23.000 In the meantime...

00:04:24.000 Welcome back, fellas.

00:04:26.000 Thanks.

00:04:27.000 We're back.

00:04:27.000 What's up, man?

00:04:28.000 Listen, I know who you are.

00:04:30.000 Myron does as well.

00:04:31.000 But if the audience doesn't know who you are, tell them who you are.

00:04:33.000 We'll start here.

00:04:34.000 Crypto Degen started in crypto 2016.

00:04:37.000 Went through the 2017 bull market.

00:04:39.000 It crashed.

00:04:41.000 Recovered my funds through dollar cost averaging, trading and stuff.

00:04:44.000 I started a show called Moon Gang with Charlie, and we were doing that for over a year.

00:04:49.000 And then we're like, dude, there's got to be a better way to educate people about crypto because we were getting questions every single day.

00:04:55.000 You show me how to do stuff.

00:04:56.000 And it got to the point where we really couldn't manage all the requests we were getting.

00:05:01.000 I mean, we were doing nonstop consultations, trying to help people out, and it just wasn't working.

00:05:05.000 So we got to scale this.

00:05:06.000 So we came up with the Crypto Mindset course in September of 2020.

00:05:10.000 You guys have a lot of members in there, a lot.

00:05:13.000 What about you?

00:05:14.000 Welcome back.

00:05:15.000 Yeah, thanks, man.

00:05:16.000 So yeah, my name's Charlie.

00:05:17.000 The channel's called Cultivate Crypto.

00:05:19.000 So for anybody who doesn't know, I started crypto in 2017.

00:05:23.000 I got in with Ethereum first when it was $90.

00:05:26.000 The first time it did a Forex, right, it went from $90 to about $400. 0.96

00:05:30.000 I was like, holy shit, I gotta learn about this stuff. 0.79

00:05:32.000 So from that point, I dedicated myself to learning about it. 0.97

00:05:36.000 Generally, I would spend anywhere between like three to eight hours every single day just researching it while I was working and all that stuff.

00:05:42.000 But then, yeah, in 2019, I think it was March, I started my channel.

00:05:48.000 Bitcoin at the time was around like $3,300.

00:05:51.000 And yeah, it's like, hey, let's start this education service for people.

00:06:01.000 Yeah.

00:06:27.000 Yeah.

00:06:28.000 Yeah.

00:06:33.000 Yeah.

00:06:45.000 I'll never forget when I first heard about you guys, I was like, okay, cool.

00:06:49.000 Crypto is dope.

00:06:49.000 But when I saw mine's portfolio, it was like very low, you know, but then it went up to like 70k.

00:06:54.000 I was like, what?

00:06:55.000 Put me into that, coach.

00:06:57.000 So you mentioned the year of accumulation.

00:06:59.000 What is that all about?

00:07:00.000 Yeah, so it's about the Bitcoin four-year cycles.

00:07:03.000 So there's some people in crypto that don't like Bitcoin.

00:07:06.000 There's some people who love it.

00:07:07.000 But whether you like Bitcoin or not, Bitcoin runs the market.

00:07:12.000 And so when crypto basically drops once every four years like it did in 2022, it also did in 2018.

00:07:20.000 It also did in 2014, right?

00:07:25.000 That period of time, people freak out, right?

00:07:27.000 And so when people come back to the market, they usually buy Bitcoin first, the most trusted asset, the oldest asset, the most decentralized asset, right?

00:07:36.000 And so if we take a look at the four-year cycles, we're in that first year, which means we hit the bottom already at $15,500.

00:07:45.000 I think that was actually the week we came here in November of last year was the actual low of Bitcoin's price for the four-year cycle.

00:07:52.000 Totally not planned, Charlie.

00:07:53.000 Yep.

00:07:54.000 Yep.

00:08:11.000 Just solid over the long term.

00:08:13.000 There's kind of a different risk layer like Bitcoin and Ethereum.

00:08:16.000 You can buy those.

00:08:17.000 Blue chips.

00:08:18.000 Close your eyes.

00:08:20.000 Just keep getting as many coins as you can.

00:08:22.000 It's pretty safe.

00:08:23.000 Then the second year is the year of...

00:08:41.000 Mm-hmm.

00:08:49.000 And what tends to happen in the year of accumulation is everybody in crypto, right, buys Bitcoin, Ethereum and the assets that they want during the bull run.

00:08:58.000 They buy that six months before the Bitcoin halving, right?

00:09:03.000 Because they know it's going to go up.

00:09:04.000 So if we're looking between March to May, then that means six months before there is basically October, November.

00:09:09.000 No, no, let me say something really quick because I saw something in the chat that kind of like irked me a little bit.

00:09:14.000 Yeah.

00:09:14.000 Go ahead, go ahead.

00:09:15.000 Which is like, I hear this all the time, Bitcoin, not crypto.

00:09:18.000 Bro, so we were here, what, a couple months ago when we went to Bitcoin Miami, right?

00:09:22.000 Bitcoin Miami.

00:09:23.000 It was an entire Bitcoin event.

00:09:24.000 I didn't have one single Bitcoiner tell me to buy Bitcoin.

00:09:28.000 Now, all they were doing was talking about shitcoins in private.

00:09:30.000 I went to all the private parties and stuff.

00:09:32.000 We were here with a lot of people here in town and stuff.

00:09:36.000 And all they were talking about was buying altcoins.

00:09:41.000 Yeah.

00:09:41.000 Pulsechain had just launched and stuff, or was about to launch, and every bitcoiner was talking to us about Pulsechain, or they were talking to us about XRP, or they were talking to us about Dogecoin.

00:09:51.000 Back in the day, the hypecoin used to be Dogecoin.

00:09:54.000 What is it now?

00:09:56.000 It's between...

00:09:57.000 I guess it's still...

00:09:58.000 So, the hype's going back.

00:10:00.000 It's kind of crazy, because we just had Twitter turn into X, right?

00:10:05.000 Yeah.

00:10:22.000 Bitcoin tipping is probably going to get expensive, especially next year, once it starts happening.

00:10:26.000 And then they'll switch over to Dogecoin, but people still have to tip in Bitcoin, which is good.

00:10:29.000 But that's happening there.

00:10:31.000 Then people are going to start, I'm pretty sure they're going to start giving credit cards out.

00:10:35.000 They're already paying influencers right now.

00:10:37.000 I think if you get over 5 million impressions over three months, you start getting paychecks from Twitter.

00:10:42.000 Wow.

00:10:42.000 Yeah, that's happening right now on Twitter.

00:10:44.000 So Twitter's become like a new paid platform to make money.

00:10:46.000 That's dope. 0.93

00:10:47.000 So take us back because obviously we have new viewers in the chat and they want to know what coins to buy, why should I buy these, and as a beginner, how many should I buy at start?

00:10:58.000 One or two at max.

00:10:59.000 We should start off Bitcoin, Ethereum, just to get your feet wet.

00:11:02.000 Right now, it's just such a risk-free bet in terms of...

00:11:07.000 November of last year, we did the mega course, that big mega course.

00:11:14.000 That same week, we ended up getting the all-time low for both Bitcoin and Ethereum.

00:11:18.000 Our guys were buying $700 Ethereum, and guys were buying $15,500 Bitcoin.

00:11:23.000 Now, we've entered the space.

00:11:25.000 The reason we came on here today is because we want to come on when the prices are going down so people get in at good prices.

00:11:30.000 We don't want to come on here when the prices are literally going all the way up.

00:11:34.000 Sometimes you can't help it.

00:11:35.000 That's when everybody on YouTube starts talking about crypto, right?

00:11:39.000 We had a guy that we met actually working at a club.

00:11:42.000 He was doing like a buster almost, right? 1.00

00:11:44.000 Yeah, yeah.

00:11:44.000 Like doing services.

00:11:45.000 And he said, yo, you guys are amazing, bro.

00:11:48.000 I saw your video with Charlie and Miguel about crypto.

00:11:51.000 Yeah.

00:11:51.000 I said, oh, that's dope.

00:11:52.000 He said, no, no, let me show you what happened to me.

00:11:54.000 So he had a portfolio, I think like 2,000 in the portfolio.

00:11:57.000 Yep, mm-hmm.

00:11:57.000 It's like 50k now.

00:11:59.000 I have to buy more because of what you guys said on the show.

00:12:02.000 You're right.

00:12:02.000 And that's the thing, right?

00:12:04.000 We're around the same time about four years ago when I helped Myron get into Bitcoin for the first time.

00:12:10.000 He was like, what should I get into, right?

00:12:12.000 And I was like, well, what's your risk profile?

00:12:14.000 How are you looking at the market?

00:12:16.000 Are you super degen?

00:12:17.000 You're okay to lose all the money and you risk it for that biscuit?

00:12:20.000 Or do you want something stable?

00:12:21.000 And he was like, yeah, Bitcoin and Ethereum will stick to that for now, right?

00:12:24.000 And then he's ventured off into some other stuff later, but By the way, to convince Marin to invest with you, you gotta have a silver tongue, bro, because dude, he's not easy.

00:12:33.000 Yeah, yeah, but also the thing is, is like, that's the great thing about Bitcoin, like, where we're at right now, right, in the year of accumulation, it's like the easiest time to get into crypto, but it's the hardest time emotionally.

00:12:47.000 So if you go with logic, and you look at all the data of what's happened before every Bitcoin halving, like, you can break it down.

00:12:54.000 About, uh...

00:12:55.000 400 and some days.

00:12:57.000 I'd have to go look at the chart to see exactly.

00:12:58.000 It's like 420 or 480 days from the peak where Bitcoin hits all the way down to the bottom of the four-year cycle.

00:13:06.000 That happened again.

00:13:07.000 That's happened each time in the four-year cycle.

00:13:09.000 Then when you go into the halving and you can go about...

00:13:16.000 A year and a half after that, then basically that's usually where you get the peak.

00:13:44.000 I think we're good to go.

00:13:52.000 To $45,000 Bitcoin.

00:13:54.000 Right now we're at $26,000, $25,000, right?

00:13:57.000 Double your money, basically.

00:13:58.000 Almost, yeah.

00:13:59.000 Like an 80%, 90% increase from here into March, April, May of next year.

00:14:04.000 That's an easy bet.

00:14:06.000 So everybody in crypto who's building something starts accumulating now aggressively and then builds into the halving.

00:14:12.000 And then from the halving, which is, like I said, next spring, about a year and a half after that, Sell.

00:14:19.000 Rinse, repeat. 0.97

00:14:20.000 Whoever listens to that information is going to make some goddamn money right now. 0.96

00:14:23.000 I'm glad you said it because last time I invested with you guys, I got Ethereum. 0.97

00:14:27.000 And I sold some of it to buy a watch.

00:14:30.000 My first watch, actually.

00:14:31.000 You guys saw on the show.

00:14:33.000 But when should somebody sell, you would say?

00:14:36.000 So a year and a half after the halving is the area where the sell comes in.

00:14:40.000 Now, me and Miguel have done some...

00:14:44.000 What do you call it?

00:14:44.000 Calculations on like where everything can go.

00:14:46.000 And actually it was hilarious.

00:14:47.000 We did a stream about maybe two or three weeks after that in June.

00:14:51.000 And we said, okay, we think Bitcoin at the peak of this bull market, a reasonable to kind of a little bit higher price would be about $160,000 per Bitcoin somewhere between April of 2025 to about November of 2025.

00:15:07.000 Got it.

00:15:08.000 Most likely in October, but somewhere around there, right?

00:15:11.000 Yeah.

00:15:34.000 So instead, right, you can be like, okay, I got 18 months after the halving, so about two years from now, right?

00:15:42.000 About nine months before the two-year mark, right?

00:15:47.000 Or even a whole year before the two-year mark, so maybe like October of 2024.

00:15:52.000 Right?

00:15:52.000 You start taking some profits.

00:15:54.000 And you take profits on something, on the assets that have moved the most.

00:15:58.000 So if you bought Bitcoin and Ethereum, they, let's say, go up, you know, at end of 24, Bitcoin starts breaking into new all-time highs.

00:16:06.000 It's at $80,000, let's say.

00:16:08.000 Right?

00:16:09.000 End of next year.

00:16:10.000 Then, okay, how many X's did you make from, let's say, 25,000?

00:16:13.000 About a 3X. So you could take a third of that.

00:16:16.000 Bank it.

00:16:17.000 Now you cannot lose money, right?

00:16:20.000 And then you take two-thirds of that and then over that next, you know, nine months to a year period, then you scale it out on a weekly basis, monthly basis, quarterly basis, depending on how you want to do it.

00:16:31.000 It's funny because one of my members in the network, they took some of the money out and they bought a property with some of it.

00:16:31.000 Smart.

00:16:37.000 It's kept in crypto.

00:16:38.000 That's great.

00:16:38.000 So that's really smart.

00:16:39.000 Yeah, because it's property and crypto.

00:16:40.000 It's usually one of the two and stuff, because usually I notice a lot of crypto guys get into real estate because we want stability and stuff.

00:16:46.000 So that's usually what's going to end up happening and stuff like that.

00:16:50.000 But it's kind of like Charlie said, yeah, what will end up happening sometime late 24, maybe in 25, just on Bitcoin and Ethereum, you could be up five times on your money.

00:16:59.000 And then this is where you can sell 20% of it off and kind of get all the money you put into crypto back in your pocket.

00:17:05.000 And then now you're kind of waiting for these signals.

00:17:08.000 People don't give Fresh enough credit for this stuff, but you really got your ear to the ground and you see what's going on in Miami. 0.98

00:17:15.000 When you start seeing the NFT boys start partying, and I'm being kind of serious about this shit. 0.90

00:17:19.000 And it's not like older dudes. 0.98

00:17:22.000 When you start seeing the young cats, like 18, 21, 24, and younger, they're like Lambos and everything like that.

00:17:28.000 Fresh, you call me.

00:17:30.000 Yo, bro, them boys are back.

00:17:32.000 Yeah, it's funny because you see waves of people come in the scene and come out of it, and it's always those guys that are flashy at the very beginning.

00:17:39.000 They don't have the time, but like, I want to say Stable Foundation, always with their way.

00:17:43.000 But W. Myron, the audio's not fixed on YouTube.

00:17:45.000 Yeah, we're good now.

00:17:46.000 We're good now.

00:17:46.000 Me, Mo, and Bill's fixed it in the back for y'all.

00:17:49.000 Sorry about that, guys.

00:17:49.000 We're experimenting right now with something, but I think Mo's working on it and fixing it in the back.

00:17:55.000 But we're good now.

00:17:56.000 We're on YouTube.

00:17:57.000 We're on all the platforms with full audio, so yeah, we should be good.

00:18:00.000 And guys, this might be a little bit of a conspiracy, but the government.

00:18:04.000 People are scared of CDC, or whatever you want to call it, taking over and destroying crypto.

00:18:11.000 What's your take on that?

00:18:12.000 So central bank digital currency, CBDC, is going to come.

00:18:17.000 There's still a lot of people who are in denial that it will ever happen.

00:18:20.000 They're like, we don't need it.

00:18:21.000 And yeah, as citizens, we don't need it.

00:18:23.000 Money is already digital.

00:18:24.000 Right?

00:18:25.000 But the reason why the government wants it is for control, right?

00:18:28.000 And also, you know, control of the U.S. dollar.

00:18:29.000 With inflation right now, the Fed is doing its best to try to control inflation, continue to control the U.S. dollar.

00:18:36.000 They need a scenario where basically they have an excuse to adjust things, right?

00:18:42.000 And so...

00:18:45.000 I mean, the government can do whatever they want, and then if we do the same thing, we go to jail, right? 0.99

00:18:50.000 So politicians and bankers, you know, they're not untouchable, but, you know, comparatively towards, you know, the average citizen, they get away with a lot of shit. 0.97

00:19:01.000 So they're going to do that, right? 0.98

00:19:03.000 And should you be scared of it?

00:19:04.000 The thing is, is you don't need to be fearful.

00:19:06.000 I think most people actually won't care because, right, we've talked about this before, they'll probably give a stimulus check when that comes out and then say, hey, do you want it directly to your phone or do you want it in your bank account in two weeks?

00:19:19.000 Right.

00:19:30.000 I think?

00:19:41.000 As they, you know, hold their dollars over time in their digital dollars, now they know how to send and receive a cryptocurrency or they know how to send and receive a digital asset because it's kind of like email.

00:19:52.000 Back in 1995, nobody knew how to use email.

00:19:55.000 By 1998, everybody had 40 different email addresses, you know, something like that, right?

00:20:00.000 Same thing with crypto, right?

00:20:02.000 Everybody won't know how to use basically an address right now to send and receive crypto, but after the Central Bank digital currency, everybody will.

00:20:10.000 The most people will kind of be like frogs in a boiling pot of water.

00:20:13.000 They'll be like, oh, this is okay, this is okay, this is okay.

00:20:16.000 And then inflation is really, really bad, and you also can't control that money fully.

00:20:23.000 Right now, it was Amazon is working with the governments of South Korea, Italy, and Singapore on programmability for of digital assets as it's related to a central bank digital currency.

00:20:37.000 So what that means is they're gonna be able to program it so they can turn it on and off when they want to.

00:20:42.000 If they don't like what you have to say on YouTube, sorry, you can't use that money we gave you.

00:20:47.000 So, you talked about this with George Gammon in Columbia extensively.

00:20:51.000 And I don't know if you guys know this, but there's actually a police force that is, I forgot the county that's in, but they have a body cam, right?

00:21:01.000 That's an AI set up where they can hear what you're saying and it'll give them a message saying, you know what, he's a bad person or he's good to go.

00:21:09.000 So just from your voice alone, they can tell if you're actually a criminal or not.

00:21:13.000 That's like a minority report.

00:21:15.000 Yeah, dude. 0.73

00:21:15.000 For example, the black guy died. 0.73

00:21:17.000 I forgot his name.

00:21:18.000 But if they were able to tell him he was going to be a threat to them from the very beginning, they would have used that technology to hold him hostage.

00:21:24.000 That's crazy.

00:21:25.000 This algorithm.

00:21:26.000 It is weird, bro.

00:21:27.000 Speech pattern.

00:21:28.000 It's crazy.

00:21:28.000 But...

00:21:29.000 Yeah, so the last point I want to make there is, so then when everybody is able to understand how to use it at the basic level, and then once people start understanding, oh shit, this inflation thing is really going bad, and they start being like, okay, well, this is based on cryptocurrency, I heard,

00:21:44.000 and now I can see cryptocurrency is making me money, so people are going to be more willing to start trying to use Bitcoin, because it's not going to be as scary.

00:21:51.000 And that process may take, you know, the rest of this decade to play out.

00:21:55.000 But there's a lot of people out there who are in the know.

00:21:59.000 There's rumors out there.

00:22:00.000 The central bank of digital currency is a hell of a lot closer than most people think, like within the next one year, if not within several months.

00:22:06.000 That close?

00:22:07.000 They were testing it in Chicago like a month or two ago.

00:22:07.000 Yes.

00:22:11.000 And the only reason the United States is even pushing forward with this stuff is just because China is already way ahead of them already.

00:22:16.000 So they're just like, they're speedrunning it right now to get it passed and stuff.

00:22:20.000 But the thing is, they'll launch it.

00:22:23.000 Yeah, through FedNow and stuff like that, but not a lot of people are going to use it.

00:22:23.000 Through FedNow.

00:22:27.000 And then when the next crash happens, they'll start printing with it.

00:22:30.000 And the only thing I'll tell you to do if you end up getting it right is just spend it as fast as you can on crypto or education or just on something that's tangible because what's going to end up happening is that it's going to be like candy at first.

00:22:41.000 There's going to be no restrictions.

00:22:42.000 It's free.

00:22:43.000 It's just like the regular dollar.

00:22:44.000 And as time goes on, they're going to rug your ability soon enough.

00:22:47.000 You won't be able to buy guns with it.

00:22:48.000 You won't be able to buy this on it.

00:22:49.000 It depends on how draconian they end up getting with those money.

00:22:53.000 But the thing I'm watching is that they don't make real cash illegal, which is the really scary part because...

00:22:59.000 Yeah, I think the only state that's tried that thus far was New York.

00:23:01.000 They got a little bit of backlash for it.

00:23:03.000 But yeah, people accept that.

00:23:05.000 That's bad.

00:23:06.000 It's real bad.

00:23:07.000 Because they can turn your savings off.

00:23:08.000 I don't think the United States will get this bad because we're always going to be kind of China-lite. 0.96

00:23:12.000 And this is why Twitter X is becoming WeChat.

00:23:16.000 And then same thing, last time we were on here, we were talking about the banks, all these Silicon Valley banks are going down and stuff.

00:23:22.000 Well, it's because they were trying to get rid of the small banks and all the credit unions in order to centralize the banking structures.

00:23:29.000 They wanted to cut half the banks off.

00:23:31.000 America really wants half their banks to go bankrupt and get fused and eaten up by the big banks.

00:23:36.000 So it's easier to kind of roll out the central bank digital currency.

00:23:40.000 Yeah, it's B2C instead of B2B. Right now they're B2B using the banks as their intermediaries to get to the customer when they print money.

00:23:48.000 Now they can just send stimmy checks to everybody directly.

00:23:51.000 Yeah, it's about being able to give out government handouts easier, but by them doing that, it allows them control.

00:23:58.000 It's like, hey, just download this app.

00:24:00.000 We'll give you $2,000.

00:24:01.000 Whoa, okay.

00:24:02.000 And most Americans that are broke are, you know, let's be honest. 1.00

00:24:05.000 Most Americans are stupid. 1.00

00:24:06.000 They don't necessarily understand finance. 1.00

00:24:06.000 They don't have fat. 1.00

00:24:09.000 They don't even have $500 in savings.

00:24:11.000 They're going to go, yeah, sign me up.

00:24:13.000 Download an app and get $2,000.

00:24:15.000 I'm down.

00:24:16.000 Hell yeah.

00:24:16.000 You know?

00:24:17.000 But could you imagine where this AI and no cash on hand?

00:24:21.000 So basically, if you don't do what we say, we just cut you off.

00:24:25.000 Yeah, it's Black Mirror.

00:24:26.000 I mean, the first little test run of this was Alex Jones.

00:24:30.000 Look what happened to Alex Jones.

00:24:31.000 And then after that, it was Andrew Tate.

00:24:36.000 Then they tried to do it to you guys a little bit.

00:24:39.000 It's just weird.

00:24:40.000 They're testing it out.

00:24:41.000 They had to wait until Alex Jones did something.

00:24:43.000 They got him on Sandy Hook stuff. 1.00

00:24:45.000 And then Andrew Tate was even less shit. 0.99

00:24:47.000 So it's starting to get to the point where in five years, you just sneeze the wrong way. 0.99

00:24:52.000 And that's what's so scary is they can turn you off.

00:24:55.000 That's why we're so passionate about cryptos, because they can't turn it off.

00:24:57.000 The digital rails, right?

00:24:59.000 We're in the digital age, or we're going into the digital age this century.

00:25:03.000 We're industrial before.

00:25:04.000 So they're like, okay, this whole new playing ground, right?

00:25:07.000 We get to basically choose, you know, where the borders are, where the lines are, how everything's mapped out.

00:25:12.000 That's really what they're trying to do.

00:25:14.000 Because as long as they have, you know, the amount of control that they're happy with, I mean, the United States is going to...

00:25:21.000 Want people to be free?

00:25:23.000 And it's really up to the citizens.

00:25:24.000 This is where, you know, whenever you have this big of a shift in money, right, that affects people on a daily basis, people have to let their voices be heard, right?

00:25:32.000 This goes back to, like, the basics of the United States, which is, you know, live free or die.

00:25:38.000 Don't let the government control you so much so that you have no freedom anymore.

00:25:43.000 So as you get your freedom of speech, like Miguel was talking about, or you get your freedom of money starting to get infringed upon, you guys better start learning A, cryptocurrency, because that will allow you to have your money controllable.

00:25:57.000 We've seen it in China.

00:25:58.000 They've turned off crypto, they've said crypto's illegal, and people still mine Bitcoin there.

00:26:03.000 People still use it there. 0.99

00:26:05.000 Governments cannot shut this shit down. 0.98

00:26:07.000 So for me, when I see the central bank digital, excuse me, currency over the next one year coming in, it just makes me want to buy more Bitcoin and Ethereum so that I have money that I can control. 1.00

00:26:16.000 And then if shit hits the fan, you know, I'm rich. 0.89

00:26:19.000 I'm already fine. 0.99

00:26:20.000 And this is Bitcoin and Ethereum, not stable coins.

00:26:22.000 Right, right. 0.99

00:26:23.000 But if the world doesn't go to shit... 1.00

00:26:27.000 Wow. 1.00

00:26:43.000 Okay.

00:26:44.000 And guys, real quick, we can hit some of these chats.

00:26:47.000 Guys, please get your questions in.

00:26:48.000 You got two experts here in cryptocurrency.

00:26:50.000 Or, if you're a hater like the guy that called into the show yesterday, and you have a point of contention with what these guys have to say, feel free to send in your chat and your question, and we'd be happy to address it.

00:27:01.000 You know, I think a guy called in yesterday, I was doing a live show yesterday, and My beef isn't with you, but you bring those crypto guys, they're scammers. 0.99

00:27:10.000 Ethereum and Hex are bullshit. 0.99

00:27:12.000 It's all about Bitcoin. 1.00

00:27:13.000 It's only Bitcoin.

00:27:14.000 Bitcoin is it.

00:27:15.000 And I was like...

00:27:15.000 Well, bro, they've spoken extensively about Bitcoin and how it's the most stable and that if you're going to invest in only a few assets, Bitcoin and Ethereum is pretty much it.

00:27:24.000 Like, what are you talking about?

00:27:26.000 They actually agree with you.

00:27:27.000 Like, yeah, but they talk about Hex or whatever.

00:27:29.000 I'm like, well, they talk about Hex because people ask them what they personally invest in and they say what they personally invest in, but they always say they're coin agnostic and that the two most stable coins are Ethereum and Bitcoin.

00:27:39.000 So what are you trying to argue here?

00:27:41.000 It's just like, I was just like, dude, people just hate to hate.

00:27:45.000 They don't even know what your arguments are.

00:27:45.000 You know what I mean?

00:27:47.000 I know this is going to come up eventually, probably in the chats.

00:27:49.000 But you want to answer it now?

00:27:49.000 Incredible.

00:27:51.000 Yeah.

00:27:51.000 What, Richard?

00:27:52.000 Oh, that one. 1.00

00:27:53.000 Oh, shit. 1.00

00:27:53.000 Oh, yeah. 1.00

00:27:54.000 Yeah, yeah, yeah.

00:27:55.000 Because that was huge.

00:27:56.000 Just before that, one thing I'll say.

00:27:58.000 Guys, get your questions in.

00:27:59.000 We're going to have them.

00:28:00.000 We got the Rumble Rants.

00:28:01.000 If you guys want to send us super chats, FNF. Super chat.

00:28:03.000 FNF. FNFSuperChat.com.

00:28:06.000 That's basically your Super Chat button at the top of the description and it's also going to be pinned in the chat.

00:28:06.000 FNFSuperChat.com.

00:28:12.000 Okay, guys?

00:28:13.000 And the course is live right now as well.

00:28:15.000 If you guys want to jump in and have these guys teach you.

00:28:18.000 As of this show.

00:28:19.000 As of this show, it's live.

00:28:20.000 And I'll show you how my crypto portfolio, like I always do.

00:28:20.000 Live now.

00:28:23.000 It's been going up.

00:28:24.000 You inspired me again.

00:28:27.000 Yeah, the only thing I wanted to say on that was, the way we talk about coins in the course, because people tend to be very tribalistic or religious zealots.

00:28:38.000 Yeah, exactly, on coins.

00:28:39.000 So, we're coin agnostic.

00:28:41.000 We will make money on any cryptocurrency that's out there, right?

00:28:45.000 Of course, in our portfolio, we give a breakdown of how to build a safe portfolio.

00:28:49.000 We want at least 50% of your portfolio if you're just starting in crypto to be Bitcoin and or Ethereum, right?

00:28:55.000 But then we help you out with the other stuff.

00:28:57.000 That's when I was like, you're not credible, bro.

00:28:59.000 Yeah, exactly.

00:28:59.000 Everything runs on Ethereum.

00:29:01.000 I'm like, come on, dude.

00:29:02.000 What are you talking about?

00:29:03.000 Whatever.

00:29:03.000 Go to the other...

00:29:05.000 So here's the thing.

00:29:06.000 This is why we're coin agnostic versus maximalist, is that a maximalist is just all in on one coin, and basically, if you're buying anything else, you're taking food out of my mouth.

00:29:15.000 And that's why they're mad.

00:29:16.000 So it's like, this is why the guys earlier were saying Bitcoin, not crypto.

00:29:19.000 Bro, most people learned about crypto.

00:29:21.000 I mean, they know Bitcoin, but they're buying, like, Dogecoin.

00:29:24.000 What ends up happening, like, what they don't understand is, like, it's good that they get into the meme coins, then eventually they learn their lesson and they go to Bitcoin and they get Ethereum.

00:29:32.000 But you need something to, like, you need to find out about it.

00:29:34.000 Yeah.

00:29:34.000 So that's what's so good about it.

00:29:35.000 I mean, like, dude, like, I mean, Bitcoiners should be thinking Elon Musk.

00:29:38.000 You know how many people he ended up onboarding into crypto because of Dogecoin?

00:29:41.000 A lot.

00:29:42.000 It's kind of like saying, hey, you know, Tesla's the only stock that I'll buy.

00:29:47.000 Anything else in the S&P 500 is a scam. 1.00

00:29:49.000 It's shit. 1.00

00:29:50.000 Stupid! 1.00

00:29:50.000 And I miss having a video. 1.00

00:29:52.000 Yeah.

00:29:52.000 I mean, I can relate to like cars.

00:29:53.000 Like when you have a certain car that you like, like a Lambo.

00:29:56.000 Yeah.

00:29:56.000 Forget Porsche or Ferraris.

00:29:58.000 Lambo only.

00:29:58.000 So I get it.

00:29:59.000 Yeah.

00:29:59.000 It's part of club.

00:30:00.000 Yeah.

00:30:02.000 Okay.

00:30:02.000 Did you want to hit the Richard Hurt thing?

00:30:03.000 Yeah.

00:30:04.000 Oh, yeah.

00:30:04.000 Well, we can do it first.

00:30:05.000 Okay.

00:30:06.000 I'll hit some of these questions.

00:30:07.000 Bill, can we pull them up real quick?

00:30:08.000 And guys, we should be good on all, like I said, all the platforms now.

00:30:11.000 We're back on YouTube.

00:30:12.000 Sorry about that little hiccup there.

00:30:14.000 Um...

00:30:15.000 First I've caught big love from the UK. Shout out to Simon Scott 1.

00:30:18.000 Appreciate that.

00:30:20.000 We got, what else?

00:30:22.000 Albo Ace goes, I have some Bitcoin from a few years ago on local Bitcoins that I forgot about.

00:30:26.000 They are shutting down the site in a year.

00:30:28.000 What's a good wallet to transfer the funds to, or what else should I do with it?

00:30:32.000 Trezor Model T, or you can use a trust wallet or the Coinbase wallet.

00:30:38.000 For mobile and stuff like that or online.

00:30:40.000 Anywhere where you hold the private keys, right?

00:30:42.000 So cold storage or a wallet where you actually have the private keys so the ones he mentioned are the best in the market for that.

00:30:47.000 Alright.

00:30:48.000 And then we got Fuentes.

00:30:51.000 Frustration begins when knowledge ends.

00:30:52.000 Shout out to FNF for educating us.

00:30:54.000 Knowledge is power.

00:30:54.000 Absolutely guys.

00:30:55.000 Absolutely.

00:30:57.000 Bunny's best bets goes super late because Myron kept poor Mo and Bill's up so late. 0.93

00:31:03.000 Yeah, we were up late last night.

00:31:04.000 Pause.

00:31:06.000 It's the masculine investor Charlie Miguel for After Hours.

00:31:08.000 How about you guys sit with the ladies and spit some facts. 0.97

00:31:11.000 Shout out to my Dave.

00:31:12.000 That's from Let's Go 5000.

00:31:14.000 Appreciate that.

00:31:16.000 And then we got Uncommon Studios. 0.99

00:31:18.000 BTC, ETC, only everything else are shit. 0.99

00:31:21.000 Coins use cold storage to hold. 1.00

00:31:23.000 That's probably that same guy.

00:31:24.000 Well, the one thing he doesn't understand, I think he means Bitcoin and Ethereum.

00:31:28.000 He put ETC, which is Ethereum Classic.

00:31:31.000 Classic.

00:31:31.000 Which is basically not really a coin that's going to do much.

00:31:35.000 So, you know, he's already making the mistakes there.

00:31:37.000 Get in the course, bro.

00:31:38.000 We'll help you out.

00:31:39.000 We'll teach you how to be coin agnostic.

00:31:42.000 And then we got here, someone001, I'm a futures trader.

00:31:47.000 Thoughts on the CFTC becoming the federal regulatory body of crypto.

00:31:51.000 Also, why are crypto futures being traded by mostly private investors as seen in the weekly COT report?

00:31:57.000 Interesting question.

00:31:58.000 Who is the CFTC? Yeah, the CFTC is basically the other branch.

00:32:04.000 It's the Trading Commission, right?

00:32:05.000 The National Trading Commission.

00:32:07.000 Okay.

00:32:07.000 And they basically are, right now they have the purview over Bitcoin, the SEC, right?

00:32:13.000 Are they a branch?

00:32:14.000 That's what I was going to ask.

00:32:15.000 Are they like a branch of the SEC? Yeah.

00:32:16.000 They're just like similar to them.

00:32:18.000 So the Trading Commission just doesn't have quite as much authority right now over all of crypto.

00:32:23.000 It has authority only over Bitcoin.

00:32:26.000 Because Bitcoin's a commodity.

00:32:28.000 Right.

00:32:28.000 So the CFTC... Not a security.

00:32:29.000 Not a security.

00:32:30.000 They take care of that. 0.61

00:32:31.000 Whereas the SEC is trying to get everything labeled as a security.

00:32:35.000 Everything else other than Bitcoin.

00:32:37.000 So one of the reasons why futures contracts are most likely being traded mainly by institutions or more sophisticated investors is because crypto is largely retail-driven.

00:32:48.000 And so anybody who uses a tool like futures is going to be a more sophisticated investor.

00:32:52.000 They're not going to be your normal average everyday person like a retail trader is.

00:32:56.000 What's a futures – what is that specific?

00:32:58.000 So basically, it's a way for you to buy Bitcoin on the Chicago Mercantile Exchange, the CME, which is basically a traditional exchange, but you don't buy real Bitcoin.

00:33:09.000 You're just buying a paper contract.

00:33:11.000 So this is like an IOU that says, you can trade this around, and we'll give you the money equivalent when you cash it out, but we won't give you Bitcoin.

00:33:19.000 Yeah, it's mostly used by commodity traders.

00:33:21.000 As an example, they're trying to buy corn.

00:33:24.000 It's kind of a way they do insurance.

00:33:26.000 It's kind of like they bet with or against the price.

00:33:28.000 So as an example, if the price is going to...

00:33:31.000 You can long and short it.

00:33:32.000 You can long and short it, basically.

00:33:33.000 So it's a way to protect yourself from commodity prices crashing.

00:33:37.000 So, like, if you have a bunch of corn and you're trying to sell it for a high price, but you're afraid that if you keep waiting, you're trying to wait to get a higher price, and then as you sell it, the price crashes, you have these shorts here to give you a bunch of money to then offset your losses.

00:33:49.000 So farmers, for example, would use, like, more sophisticated farming operations would use something like that to hedge.

00:33:54.000 So if they're like, oh, shit, we could have a bad year, I'll hedge with some futures, so that way, you know, I have less downside risk. 0.96

00:34:00.000 It's the lock-in prices. 0.99

00:34:01.000 You're like, at least I'm going to get this much per bushel.

00:34:03.000 Right.

00:34:04.000 But to answer the question, well, the other thing which this is going to be relevant for is there are spot ETFs, right?

00:34:11.000 So they're represented as exchange traded funds, right?

00:34:14.000 So the spot ETF, which Bitcoin is trying to get basically approved right now, the next approval date is around October 17th, mid-October.

00:34:22.000 There's a bunch of companies trying to get that.

00:34:24.000 The difference between that and a futures ETF, so spot versus futures, is the spot ETF actually means the exchange has to buy Bitcoin.

00:34:33.000 They're buying real off the market.

00:34:33.000 Real Bitcoin off the market for the paper contracts they're selling.

00:34:37.000 So one is basically fake money that people are trading around digitally, and the other one is backed by the real thing.

00:34:45.000 And the fake one, it comes from this Chicago Mercantile Exchange that you mentioned.

00:34:48.000 Correct.

00:34:49.000 Or the CME. Is that almost the same as when we discuss Robinhood?

00:34:54.000 Remember how Robinhood gives you kind of like similar like an IOU but you don't actually hold the coin?

00:34:58.000 Back in the day.

00:34:59.000 Okay, so now if you buy...

00:35:00.000 You can buy real and then... 0.88

00:35:02.000 So Robinhood no longer sucks. 0.62

00:35:03.000 No longer... 0.90

00:35:04.000 Well, it's...

00:35:04.000 Yeah, it's a more sophisticated way of doing the same thing.

00:35:09.000 Because Robinhood, right, wanted to keep you in their system. 0.78

00:35:11.000 Yeah.

00:35:12.000 Yeah.

00:35:28.000 Because everything's tracked.

00:35:30.000 If they're a hedge fund, for example, they can stay above board.

00:35:33.000 Everybody can see what they're doing.

00:35:35.000 Whereas if they're doing it in crypto, they have to learn, okay, how do I track this?

00:35:38.000 How do I show this to my customers?

00:35:39.000 How do I do all these different things?

00:35:41.000 It's too complicated for them in crypto.

00:35:43.000 So they usually just, the older boomers stay out of it. 0.75

00:35:47.000 Okay, so Bitcoin got put on an exchange like Robinhood to grab that audience of the boomers you just mentioned.

00:35:53.000 Because a lot of them don't want...

00:35:54.000 The futures were more towards the boomers and the more sophisticated investors and then Robinhood's like towards everybody else who doesn't understand the difference between they're getting a real asset or not.

00:36:03.000 It's because you're buying stocks and then by having crypto on there you could sell some of your stocks.

00:36:06.000 I used to be on Robinhood a long time ago.

00:36:08.000 You could just sell your stocks and then you have a cash in the account and then you just buy Bitcoin on there.

00:36:12.000 But now they've allowed you where you can buy the crypto and then eventually you can take it off.

00:36:16.000 Just like Coinbase.

00:36:16.000 Because it used to be, I remember, we were very critical of Robinhood where you couldn't, you would have it, but you couldn't do anything with it.

00:36:21.000 Exactly.

00:36:22.000 When you bought it on Robinhood.

00:36:23.000 Right, you just sell it back again, right?

00:36:24.000 Because people started finding out about all the other exchanges and then Robinhood started, they stopped selling so much. 0.99

00:36:29.000 So now they're like, oh fuck, we gotta be competitive. 0.97

00:36:31.000 Let's start letting people take their... 0.99

00:36:32.000 Take it out.

00:36:33.000 Okay.

00:36:33.000 Yeah, take it out.

00:36:34.000 Sorry, Fresh, you had something?

00:36:35.000 No, I was just gonna say, like, I'm confident knowing that, like, most people don't have crypto.

00:36:40.000 So, like, it's good for us.

00:36:41.000 Oh, it's amazing.

00:36:41.000 It's a big edge.

00:36:42.000 It's good for us, yeah.

00:36:43.000 I mean, dude, all the people watching right now, like, you guys are getting put on because it's...

00:36:47.000 Look, it's really...

00:36:49.000 I mean, look, we only got 1.1k watching on YouTube.

00:36:51.000 I mean, that should tell you, like, what...

00:36:53.000 You know what I mean?

00:36:54.000 But if we got some girls in here, we'll have 20-30,000 people watching. 1.00

00:36:58.000 We have more Rumble.

00:36:58.000 We have like...

00:36:59.000 Yeah, how many more?

00:37:00.000 Yeah, because we got...

00:37:01.000 But sorry.

00:37:01.000 But either way, the guys that are watching, y'all have the higher IQ individuals because you guys understand.

00:37:05.000 So we got 5,000 y'all watching right now compared to, you know, if we're talking about some BS or girls in here.

00:37:10.000 This is why most people are poor, bro.

00:37:13.000 But this is a chance to win big.

00:37:15.000 Yeah, yeah.

00:37:16.000 Well, and value investors, right?

00:37:17.000 They tend to be the smarter type of investors.

00:37:20.000 When there's blood in the streets, when the markets are screaming bloody murder, right?

00:37:24.000 That's the time to get in.

00:37:25.000 Everybody knows that, right?

00:37:26.000 Warren Buffet says it all the time.

00:37:28.000 The smartest financial people say it all the time.

00:37:45.000 Even 105,000.

00:37:48.000 Right, even 105.

00:37:49.000 Like, is that a good risk-to-reward ratio?

00:37:51.000 Hell yeah.

00:37:52.000 Absolutely, right?

00:37:53.000 So it's one of the easiest bets to take.

00:37:55.000 So value investors, they go with logic, they go with data, they see all of this and they're like, okay, I'll take a bet.

00:38:00.000 There might be a recession in the next one year.

00:38:03.000 It's actually highly likely that we have a recession in the next one year.

00:38:06.000 But like I said before- Aren't we in one right now?

00:38:08.000 Since middle of 22.

00:38:09.000 Technically, yeah.

00:38:10.000 But they won't admit it, right?

00:38:11.000 Yeah, of course not.

00:38:12.000 The White House put out that BS thing saying, oh guys, we're not in a recession.

00:38:16.000 It's like, uh, yeah we are.

00:38:18.000 Didn't they change the definition of what it means?

00:38:21.000 So they're going to go to the recession.

00:38:23.000 The recession they'll finally admit.

00:38:25.000 Basically.

00:38:25.000 Yeah.

00:38:26.000 So the downside risk is there for that.

00:38:29.000 But like I was telling Fresh before, going into the halving, right?

00:38:33.000 We've done the data on this.

00:38:35.000 Pantera Capital's done the data on this.

00:38:37.000 A lot of people in the space have.

00:38:39.000 Bitcoin should be between, at the halving next spring, $35,000 to $45,000.

00:38:43.000 That's higher than what it is now, right?

00:38:45.000 So if we get to that point and we have what they declare to be a recession and we come down, We come back down to like 26k where we are now, right?

00:38:54.000 And then you can buy more.

00:38:55.000 25.8 right now, Bitcoin.

00:38:57.000 Right.

00:38:58.000 And then we had that same thing in 2020, right?

00:39:00.000 Which was the same four years after 2024.

00:39:03.000 And so when that happened in 2020, if you bought during the Corona crash, Stocks, Bitcoin, everything.

00:39:09.000 You made a shit ton of money.

00:39:10.000 A lot of money.

00:39:11.000 So going into next spring, accumulating, accumulating tech stocks, AI stuff, crypto, real estate.

00:39:17.000 Not yet real estate.

00:39:19.000 Real estate will be more like next summer.

00:39:20.000 And I can talk about that too.

00:39:22.000 Yeah, but like, so anyways, just reasonably speaking, right? 0.95

00:39:27.000 People right now, the logical people, the value investors, they're looking at this as like, oh shit, I see a lot of opportunity.

00:39:32.000 So all the guys in the chat who are in that mode of thinking, they have less fear than most of the market, so it allows them to do that because of logic.

00:39:40.000 So the more knowledge you compound, the better of an investor you can become, and the less fearful or greedy you can become, and you tend to do better actions.

00:39:47.000 And that's why we try to give people all the knowledge there in the course so they can stack knowledge just as much as they can stack the coins in their portfolio.

00:39:54.000 Because I can see someone saying, you know what, I'm going to listen to this advice, buy crypto, but if you don't know what to sell or when to actually buy more, what's the point?

00:40:05.000 They're just buying off of hype.

00:40:06.000 And the thing is, if they're buying in hype, they're buying all-time highs.

00:40:10.000 Right now, this is why I'm so excited.

00:40:12.000 I'm buying everything I can.

00:40:13.000 I'm buying loads. 0.93

00:40:13.000 I'm buying so fucking much. 0.93

00:40:14.000 I'm so excited. 0.97

00:40:16.000 It's just getting past 2023, getting to 24, then 25.

00:40:19.000 We're going to be in some really good...

00:40:20.000 What's going on in the next two years is...

00:40:23.000 Something I said last time we were here, the interest rates were at 4.75.

00:40:29.000 Right now, they're at 5.5%.

00:40:30.000 I was being called a little crazy for saying the interest rates are going to go higher.

00:40:33.000 We're about to go to 6%.

00:40:35.000 Yeah.

00:40:36.000 We're about to go to 6%.

00:40:37.000 So Jerome Powell has said we're going to get at least another 50 basis points of increases.

00:40:42.000 So the next meeting for the Federal Reserve is the 20th of this month, then November 1st, and then December 13th.

00:40:50.000 So these are the next three meetings.

00:40:52.000 And depending on which of the three they end up doing, we can get 25, then 25.

00:40:56.000 And then historically, when they say, okay, we're done increasing, we usually get a little bit of a stock market crash, like 5% to 10% dip in the market.

00:41:05.000 And they said they're going to hold the rates there at 6% for over six plus months.

00:41:11.000 So that means the summer of next year, if you're a cash buyer of real estate and stuff, probably the bottom of the market's like third quarter for real estate in 2024.

00:41:21.000 But if you're trying to actually buy in terms of using credit, you know, 20% down or, you know, a first-time homeowner sort of loan, it'd be sometime in the first quarter of 2025 because interest rates are going to go from 6% in, I would say, the end of this year, and then by the end of 2024,

00:41:38.000 they're going to be at 5% and then 3.5% by the end of 2025.

00:41:42.000 So they promise to do 100 basis points drop in 2024 and then 150 to 125 basis points drop in 2025.

00:41:50.000 So this is why the market's a little weird.

00:41:54.000 We've been in a recession already since the middle of 2022, but it's kind of a weird thing where the interest rates are going to start going down now.

00:42:00.000 And you can just tell the audience real quick what actually defines a recession.

00:42:04.000 Yeah, it's two consecutive quarters of negative GDP growth.

00:42:08.000 Which we've had.

00:42:09.000 So we've been in a recession since the middle of last year, which is crazy.

00:42:16.000 I mean, we can tell. 0.97

00:42:17.000 And Bitcoin's hit the low, and FTX fucking happened to Bitcoin. 0.97

00:42:21.000 Oh, yeah. 0.97

00:42:22.000 Sam Bankman freed.

00:42:23.000 Yeah. 0.97

00:42:24.000 Fucker's in jail right now, thank God, right? 0.99

00:42:26.000 Take all of his money away.

00:42:27.000 What happened with his business partner?

00:42:29.000 His business partner?

00:42:30.000 One of his business partners.

00:42:31.000 The chick? 0.94

00:42:31.000 Sorry? 0.94

00:42:32.000 The girl, right?

00:42:33.000 Well, recently, there's a guy named Ryan S. I forgot how to pronounce his last name, basically.

00:42:37.000 Okay.

00:42:37.000 But he's basically going to give a plea deal, right?

00:42:40.000 And this month, he's basically saying, hey, FTX was a criminal operation.

00:42:45.000 He was part of it, right?

00:42:47.000 And he's basically throwing Sam Bankman-Fried under the bus.

00:42:49.000 Under the bus.

00:42:49.000 Yeah.

00:42:50.000 Weren't they trying to, like, drop some of his charges as well?

00:42:53.000 Yeah, they dismissed, like, one or two counts from the indictment.

00:42:55.000 But tiny ones were small stuff.

00:42:57.000 Yeah, there was, like, BS ones.

00:42:58.000 Yeah.

00:42:58.000 But they got him so strong on the other stuff that it doesn't matter.

00:43:02.000 Coffeezilla? 0.98

00:43:02.000 Holy crap, bro. 0.98

00:43:03.000 He got him saying stuff on camera, but it's hilarious, bro. 0.98

00:43:06.000 Yeah.

00:43:06.000 Wow.

00:43:07.000 Well, and so the point of that being, right, we already had the worst things that can happen in this market, right?

00:43:12.000 And what Miguel said there about interest rates and everything, one thing that you do notice when interest rates get paused, like he was saying after some point next year when they do get paused.

00:43:20.000 Yeah.

00:43:21.000 When that happens, not a long period of time, but a few months or a couple of years, whenever that's happened in the past, whenever we've had pause at interest rates, Bitcoin has 95% of the time gone up during that period of time.

00:43:35.000 With interest rate spikes, yeah.

00:43:37.000 With interest rate basically being paused after they've already increased the rates a bunch of times.

00:43:41.000 Yeah, and I think this is the importance of being so diversified when it comes to investing, guys.

00:43:45.000 I've told y'all before, So like with real estate, right?

00:43:48.000 When interest rates go up, it kind of sucks because now when you get a mortgage, a 30-year fix, it's not going to be as good because your cash flow is going to go down.

00:43:56.000 Where is it at right now?

00:43:58.000 So if you're going to go ahead and get it as an investor, it's going to be somewhere between 8 to 9.

00:44:03.000 If you bought yourself, somewhere between 6 to 8, depending on your credit score or whatever.

00:44:08.000 So versus a couple of years ago, it was 3%.

00:44:12.000 You were getting at 3, 4%.

00:44:14.000 All my houses that I have, I'm not really financing none of them.

00:44:17.000 Like, I got a couple of houses that I locked in at like three, four percent, so I'm keeping those things, right?

00:44:21.000 But when the interest rates go high, I told y'all before, with these high interest savings accounts, since interest rates are going up with the Fed, you go ahead and take advantage and open up one of these high interest savings accounts, and you'll be able to go ahead and make some money back.

00:44:34.000 Because 6%, you know, if you have, you know, a million dollars is extensive, but if you have like, let's say $100,000, that's $6,000 a year, right?

00:44:42.000 6%.

00:44:42.000 Or buy crypto.

00:44:43.000 Yeah, and then you can go ahead and or buy crypto because crypto is going to give you a way faster return.

00:44:49.000 I just think for the average person that wants to invest in themselves, of course, you get some crypto, get some money for some real estate, but as you become better and you get more knowledgeable about crypto, you learn more, You save your money into crypto?

00:45:01.000 Because it's not easy to find deals.

00:45:03.000 It's hard for me to find a real estate deal right now.

00:45:04.000 So what I'm doing is I'm looking at crypto and I'm looking at high interest savings accounts and I'm just like putting money into those and then I'm putting money into crypto.

00:45:11.000 Because you don't need a credit score of crypto.

00:45:13.000 You don't need, for example, all these barriers.

00:45:15.000 For all you guys out there that have shitty credit, you have some money that you want to dump or invest, excuse me, Well, you're dumping it into an investment.

00:45:23.000 Crypto's a good way to go, for some of you guys, until you build up your credit.

00:45:26.000 And you guys always say, don't put all your money, put all you can afford to lose.

00:45:30.000 You have to be able to afford, like, literally the mindset, we call it crypto mindset for a reason, you have to be willing to lose it. 0.74

00:45:37.000 You're literally just like, okay, like the first time I bought Ethereum, I'm like, this shit is called Ether.

00:45:43.000 I am literally throwing my money into the ether. 0.88

00:45:45.000 Into the void.

00:45:46.000 Into the void.

00:46:07.000 They can basically, the next two years, right?

00:46:09.000 If you take the course and you jump or watch our YouTube for free, whatever it is, the next two years, right?

00:46:15.000 Six months into the halving, you basically buy, right?

00:46:18.000 Just buy, buy, buy. 0.99

00:46:19.000 We'll talk about what's good in crypto that you can buy, how to avoid the bad shit. 0.99

00:46:23.000 And then, right, you let that appreciate for a year, year and a half. 0.99

00:46:27.000 You take some profits on that.

00:46:28.000 As you're taking profits after you pay your taxes, if you've made a good amount of money from that, let's say you're going to try to average a 20x on your entire portfolio, which is very possible in crypto over that two-year period.

00:46:39.000 Let's say your property that you want to buy is, let's say, $100,000.

00:46:44.000 Then you just do the backwards math.

00:46:45.000 How much money do I need after taxes, right?

00:46:48.000 From crypto gains, if I only have X amount to put in now to get to 100,000 in pure profit that can use that cash and go buy real estate in 2025 or 2026.

00:46:57.000 There you go.

00:46:58.000 Yeah, I mean, yeah, crypto is a fantastic way to get into real estate, right?

00:47:03.000 Let's say your credit sucks right now, right?

00:47:03.000 Because, like, here's the thing.

00:47:05.000 And some of y'all, you guys watch our podcast.

00:47:06.000 We've helped you all increase your credit score.

00:47:08.000 Which, by the way, we're going to hook you guys up with a credit repair company.

00:47:11.000 For some of you guys that got some money and you're like, oh, I don't really know how to get some of these things off my record letters.

00:47:17.000 It's very cumbersome and annoying.

00:47:18.000 Yeah, you can absolutely do it yourself.

00:47:19.000 We actually had Batman Campbell come in and talk about it.

00:47:21.000 But if you want to hire someone to do it for you, we're going to go and hook you all up with somebody.

00:47:24.000 But the point I'm trying to make is this.

00:47:26.000 Your credit sucks, but you got a good job now, you got a little bit of capital, whatever it may be.

00:47:30.000 You could take that money, since you don't have the credit score to get into real estate effectively, take that money, put it into crypto. 0.97

00:47:36.000 It's probably gonna go up if you know what you're doing, right?

00:47:39.000 Or at least be a safe place to store it where you're gonna make some kind of money.

00:47:43.000 Then, get your credit score up, wait, maybe a year or two, no matter how long it takes.

00:47:47.000 You have that money there, and you can use that money, which is probably going to appreciate if you hold it long enough, and use it to get into real estate.

00:47:53.000 You know what I would do?

00:47:54.000 Going back in time, or if I lost everything, I would get two jobs.

00:47:57.000 First job I would pay my bills with, any money I would save up in my account.

00:48:00.000 Then a second job, I'd throw that all into crypto. 0.52

00:48:02.000 In a year or two, If your credit score sucks, guys, it's really one of the best ways to invest if your credit score sucks is cryptocurrency.

00:48:11.000 You guys gotta keep watching Money Mondays.

00:48:12.000 You guys are the only people out here educating people.

00:48:15.000 You want the girls? 1.00

00:48:19.000 Well, guess what, my friend?

00:48:20.000 Without the lifestyle, are you being stable for yourself?

00:48:22.000 They ain't coming, bro.

00:48:23.000 They ain't coming.

00:48:25.000 And the thing with real estate, too, is like, you know, guys, if your credit score is not good, We're talking about interest rates, assuming your credit score is good. 0.98

00:48:32.000 I'm telling you, 8-9%, assuming your credit score is not shit. 0.99

00:48:36.000 If it's like shit, bro, you're going to be paying double digits. 1.00

00:48:39.000 You can forget it. 1.00

00:48:39.000 11. 1.00

00:48:41.000 You can forget it.

00:48:42.000 So you've got to get your credit score on point, but that's going to take time.

00:48:45.000 So in the meantime, while you wait, well, the barrier to entry is pretty low for crypto and the returns are huge.

00:48:50.000 Yes, it's risky, but if you're buying fairly stable coins like we tell you all over here, whether it's Bitcoin or Ethereum, You should be straight, man.

00:48:56.000 Dude, real estate's gonna be pumping.

00:48:57.000 Some of y'all spend money on bottles and clubs, random stuff you don't even need.

00:49:01.000 Just invest in yourself.

00:49:02.000 I look at my crypto wallet as like, okay, this is like emergency money that I can use if I need it to buy a house or to get out of a tricky situation.

00:49:12.000 Yeah.

00:49:13.000 And, bro, I haven't really lost that much money because you just buy it at smart times.

00:49:17.000 Yeah, it's a long-term savings account.

00:49:18.000 It is.

00:49:19.000 That's what I tell people.

00:49:20.000 Better than a bank.

00:49:21.000 Yeah.

00:49:21.000 Way better than a bank, and it's the actual fight against long-term inflation, right?

00:49:21.000 Way better.

00:49:26.000 I mean, if you look at...

00:49:28.000 There's some people who are like...

00:49:29.000 It's probably the best hedge against it, man.

00:49:32.000 Yeah.

00:49:32.000 But it has to be long-term.

00:49:34.000 Yeah, it has to be long-term.

00:49:35.000 And, like, how long have you been in crypto now?

00:49:37.000 Like, we're going to go on four years here very soon.

00:49:40.000 Exactly.

00:49:41.000 Since I met Charlie.

00:49:42.000 And Myron, I know, is a value investor because, right, when I was talking to you about crypto back in 2019, around this time, you were like, I'm not so sure about that, but I want to listen.

00:49:52.000 I want to hear what it's about.

00:49:53.000 Yeah.

00:49:53.000 Right.

00:49:53.000 And you were looking for opportunity when the market was down.

00:49:56.000 Yeah.

00:49:57.000 Right.

00:49:57.000 And then I explained it to you.

00:49:58.000 And one of the things that I thought was hilarious, you said, like, bro, that's way too complicated. 0.98

00:50:01.000 Can you simplify this shit for me? 0.99

00:50:03.000 All right, let me try this. 0.99

00:50:04.000 So I basically brought it back a little bit, and then I'm just like, okay, do this, do that, and the other thing, and you'll be good.

00:50:10.000 And now you still have that money as savings.

00:50:12.000 It's appreciated.

00:50:13.000 Never sold any of it?

00:50:14.000 I haven't.

00:50:14.000 If you were to have held that in cash, you would have less value of purchasing power right now.

00:50:20.000 Purchase a dgen like me. 0.97

00:50:22.000 Give me a watch.

00:50:23.000 You're so tangible.

00:50:24.000 I'm like, I get it.

00:50:26.000 In Bitcoin, I'm like, oh, some tangible.

00:50:29.000 Yeah, yeah, yeah.

00:50:31.000 Yeah, you gotta get those quick hits too, right?

00:50:33.000 Because if you don't get the W's, right, then sometimes the long-term play is really, really hard, right?

00:50:39.000 And so it's like, okay, usually it's like when we're talking to everybody in the class and everything, it's like, okay, what are your goals?

00:50:46.000 What are they ultimately?

00:50:48.000 Based on the information that we're telling you here on a conservative take of Bitcoin going to, let's say, $110,000.

00:50:56.000 That's a conservative take, $110,000?

00:50:57.000 But that's within a few years, right?

00:50:59.000 Yeah, I would say really, really barely.

00:51:02.000 The worst case scenario is $81,000 Bitcoin around the end of 2025.

00:51:07.000 Best case scenario, in my opinion, is $225,000 Bitcoin, but that's crazy.

00:51:12.000 We're going bonkers.

00:51:14.000 So by 2025, $81,000.

00:51:16.000 Yeah, easy.

00:51:17.000 I bet some people 20k on that if you guys want to take that bet.

00:51:24.000 I think it'll go.

00:51:26.000 I mean, Bitcoin is becoming more and more and more prominent amongst people as the economy gets worse and worse.

00:51:31.000 People are looking into other avenues to store their money, man.

00:51:34.000 Right.

00:51:35.000 And so, like, go and find those goals, and obviously there's gonna be changes, things happen, so you have to, you know, stick with it over time.

00:51:41.000 But we tell people, take those goals that you have, and be like, okay, so one goal, let's say, is I want, you know, something that's a few thousand dollars that I can splurge on.

00:51:50.000 Cool.

00:51:51.000 Now, long-term, I want something that's a few hundred thousand dollars that I'm not splurging on, but that I can use for generational wealth with my family and all that, right?

00:51:59.000 Okay, how do we get to both goals?

00:52:02.000 And, right, like, it's kind of like walking to the casino.

00:52:04.000 If you're going to try to go to the fast school, that's perfectly fine, right?

00:52:07.000 You can make money with Pepe.

00:52:08.000 You can make money with different coins, with newer coins, all that stuff.

00:52:11.000 But...

00:52:13.000 If you walk into the casino with $500, $1,000, $10,000, $100,000, whatever it is, if you go down to zero, are you going to go to the ATM and take out more cash?

00:52:22.000 Hell no.

00:52:23.000 So if you try to take the home run shot and you swing and you miss, okay, I tried, and then you still have the long-term investment bag, no worries.

00:52:30.000 You hit it, which a lot of our guys have.

00:52:32.000 We have a lot of guys every quarter.

00:52:34.000 They're buying new rims, they're buying new whatever's for their cars, everything, right?

00:52:37.000 We told them to buy assets, but you know.

00:52:39.000 Sometimes they buy assets, not assets.

00:52:43.000 Nah, bro.

00:52:44.000 Cheers!

00:52:47.000 That's true.

00:52:47.000 No, you're right.

00:52:48.000 These crypto guys coming to Miami, bro, they'd be tricking on these chicks, man. 1.00

00:52:52.000 Puerto Rico, Colombia, Brazil.

00:52:53.000 We had a couple girls on the pod. 1.00

00:52:54.000 Oh, yeah, we hung out with this crypto millionaire.

00:52:55.000 He was young.

00:52:56.000 He was like 21, and he kept spending money for us to hang out with them.

00:52:59.000 They did no kingdom niggas, bro. 1.00

00:53:00.000 They literally paid them to hang out with them. 0.99

00:53:01.000 Which is why everybody listening to this show needs to listen to your guys' content on both Money Mondays as well as the red pill shit. 0.97

00:53:08.000 There were some girls that were at house for, what, two, three days? 1.00

00:53:11.000 And you paid them to stay.

00:53:12.000 Jesus.

00:53:13.000 That's crazy, bro.

00:53:14.000 That's insane.

00:53:16.000 What's the point of money if you got a blue pill mindset?

00:53:18.000 You got to hit the red pill.

00:53:19.000 100%. 0.94

00:53:20.000 Because then all that's going to happen is you're going to lose the money because you're going to be doing dumb sim stuff.

00:53:24.000 And I guarantee you, when they lost the money in that wave of like, you know, what happened with crypto, and they were in the club popping bottles, you know, taking girls on yachts, where are they now?

00:53:32.000 Back at work.

00:53:33.000 Bro, the amount of people that ask me for money is insane.

00:53:33.000 Girls are gone.

00:53:35.000 And they have to go back to work.

00:53:37.000 Bro, I know a guy that was blowing money crazy, bro.

00:53:40.000 I won't say his name because, you know, just because.

00:53:43.000 But you know where he works now?

00:53:45.000 Chipotle! 0.57

00:53:46.000 I was like, what?

00:53:46.000 No!

00:53:47.000 No!

00:53:48.000 It won at Brickle.

00:53:49.000 I won't say who it is, but it's crazy.

00:53:51.000 That's wild.

00:53:51.000 Yeah.

00:53:52.000 Actually, here's one thing I will say, and I won't go into too many specifics, but one of the ways that I was like, oh shit, we're getting close to the four-year cycle low in the last quarter of last year, September of last year.

00:54:03.000 I was on LinkedIn, as I do, like, once a quarter just to see what's happening, you know, in the corporate world with the plebs, right? 1.00

00:54:10.000 Because we were once plebs.

00:54:12.000 But basically, I just watch around to see what happened.

00:54:15.000 I noticed there was a person who I knew decently well who was in crypto for a very long time, right, and made good money in crypto.

00:54:22.000 And he had quit crypto, gone totally, you know, into his investments and everything.

00:54:28.000 And then I saw on LinkedIn, boom, hired, good company, good job, everything, no hate, you know, I respect the guy, but he's crawling back to the old job.

00:54:38.000 This dude hated working too.

00:54:39.000 Yeah, he had no risk management, right?

00:54:41.000 He was like, okay, I'll get rich, and then I'll spend it all, and then I'll go back to the slave job, right? 0.88

00:54:47.000 Then I'll get rich again, right?

00:54:49.000 Go back to zero.

00:54:50.000 Go back to the job.

00:54:51.000 Boom, boom, boom.

00:54:52.000 You never become wealthy.

00:54:53.000 You become rich sometimes, but you never become wealthy.

00:54:56.000 This is a pattern for a lot of people.

00:54:58.000 It's like when you guys talk about guys who work all year just to have one weekend in Miami.

00:55:04.000 Get the Lamborghini, get the Ferrari.

00:55:06.000 So many people do that.

00:55:08.000 Dudes only making like $50,000 a year.

00:55:09.000 They say $15,000 and blow it all in one weekend.

00:55:12.000 That's their whole life.

00:55:14.000 EDC dudes.

00:55:15.000 Burning Man guys.

00:55:16.000 Burning Man.

00:55:17.000 Oh, that was true. 1.00

00:55:19.000 Wait, was the guy like a millionaire or some shit? 0.99

00:55:21.000 Well, he put on lane as a millionaire. 0.99

00:55:23.000 And he made some good money.

00:55:24.000 I mean, he tried to get on the show too, but I'll tell you later.

00:55:27.000 But I don't want to put it out there.

00:55:28.000 How much crypto did he have?

00:55:30.000 I don't know the exact amount.

00:55:31.000 I've met people who had multi-millions that went back down.

00:55:32.000 So he was high six figures and lost it all?

00:55:34.000 Yeah, dude.

00:55:35.000 Every night in the club.

00:55:36.000 Van Dome, you know, Mr.

00:55:37.000 Jones, popping bottles.

00:55:38.000 I'm like, bruh, what's going on?

00:55:40.000 But again, man, gotta be careful.

00:55:43.000 But it's got to be anybody, though.

00:55:44.000 It's like the Icarus story, right?

00:55:47.000 You can fly real high, but you better have made strong wings by that point to not fall.

00:55:52.000 Yeah.

00:55:52.000 Yo.

00:55:52.000 Bro, you gotta be an idiot to have that kind of money and lose it and then be broke again.

00:55:57.000 The mindset is, I made the money fast. 1.00

00:55:58.000 I didn't work for it.

00:55:59.000 It just popped up like this.

00:56:00.000 You know who else suffers from that? 0.97

00:56:03.000 OnlyFans, chicks, and strippers. 0.94

00:56:04.000 100%.

00:56:05.000 Bro, they always think to themselves, oh, I'm gonna get this money right back.

00:56:10.000 There's girls that have come on this show that we know, guys, that make $50,000, $100,000 a month, and they're still broke. 1.00

00:56:15.000 Yeah.

00:56:15.000 And professional athletes too.

00:56:17.000 Yeah, professional athletes.

00:56:18.000 I think there's a stat out there that the guys in the NBA who take the most three-point shots, they're the highest risk takers, they tend to become broke after they retire more frequently.

00:56:28.000 Oh, wow.

00:56:29.000 And this was back in the early 2000s when threes still weren't the majority of the thing.

00:56:34.000 So like, Steph Curry, make sure you don't sign with FTX again.

00:56:37.000 Yeah, yeah, yeah.

00:56:37.000 Make sure you take the pickle bites, of course, and we'll get you good, bro.

00:56:42.000 He did do a partnership with them, didn't he?

00:56:44.000 Yes, he did.

00:56:45.000 Many YouTubers, too.

00:56:48.000 His wife has a full-on restaurant losing money in Vegas. 1.00

00:56:52.000 Damn, bro. 1.00

00:56:53.000 When we run our channel, we said at the very beginning, when we introduced ourselves, we said, hey, we built our own channels so that we don't have to shill other people's shit. 0.99

00:57:03.000 Give people good information with this course. 0.86

00:57:05.000 That's why I love y'all so much, because you guys don't sit there and be like, buy this coin on this exchange, etc.

00:57:10.000 You guys are super neutral.

00:57:11.000 Hey, These are the exchanges that you can use.

00:57:13.000 Hey, these are cold storage wells that you can use.

00:57:15.000 Hey, this is what you can invest in.

00:57:17.000 Okay, if you're more risk-tolerant, you can go ahead and get this.

00:57:19.000 But you guys are able to give pretty much an unbiased answer based on what people ask you.

00:57:24.000 Now, people ask you guys all the time, oh, what are you investing, right?

00:57:26.000 Miguel might say hexagon, blah, blah, blah, all this other stuff.

00:57:28.000 But he's telling you what he invested because you asked him.

00:57:30.000 They're like, what do you expect?

00:57:31.000 When people get mad at his answer, it's like, this is what it is.

00:57:34.000 Speaking of which, real quick.

00:57:36.000 Richard Hart, what's going on with that?

00:57:38.000 Give us an update.

00:57:38.000 I know y'all know him personally.

00:57:39.000 What's going on with that?

00:57:40.000 So SEC is suing everybody in crypto.

00:57:43.000 I mean, everybody.

00:57:43.000 Coinbase, Binance.

00:57:47.000 They're going after Ethereum.

00:57:48.000 So basically what they're doing is they're doing a blanket attack on any of the top 20 cryptos.

00:57:53.000 So they went after XRP. XRP gave them a big L. And then literally the next day they went after Richard Hart because basically XRP won their case and they had egg on their face.

00:58:04.000 Oh, so they officially won finally.

00:58:06.000 This battle has been going on for years.

00:58:08.000 They appealed it, so it's still going to be a little bit of a process, but basically the judge said, nah, the SEC is wrong.

00:58:13.000 I'm getting so mad.

00:58:14.000 I support the XRP guys because I don't think the SEC is completely stepping over the line. 0.97

00:58:20.000 It's ridiculous.

00:58:21.000 I was going to say, wasn't it supposed to be the Crypto Trade Commission that we talked about earlier?

00:58:25.000 The CFTC. They control Bitcoin, right?

00:58:28.000 And Gary Gensler right now is basically arguing because everything else he thinks is a security, it shouldn't be under the CFTC's purview.

00:58:35.000 So he's trying to steal the other branch's, you know, what do you call it?

00:58:40.000 Authority, right?

00:58:41.000 Okay.

00:58:42.000 So the SEC takes everything else that isn't BTC? They're trying to.

00:58:45.000 It's a gang warfare.

00:58:46.000 Right now, between these two agencies, they're trying to fight to see who controls everything.

00:58:50.000 And that's what's going on right now.

00:58:52.000 So the only three cryptos that aren't securities is just Bitcoin, Litecoin, Dogecoin.

00:58:57.000 But now that Ripple is basically like, yeah, it wasn't sold as a security.

00:59:01.000 There's actually emails, the Hinman emails, one of the ex-SEC guys named Bill Hinman.

00:59:05.000 In 2017, he wrote an email, talked about Ethereum with Vitalik Buterin in there.

00:59:10.000 They actually met him and talked to him in person.

00:59:12.000 They said, yeah, this is not a security.

00:59:14.000 And then for the last three years, they've been saying, it's a security.

00:59:17.000 Yeah.

00:59:17.000 But it's not.

00:59:19.000 So most of these cases against, you know, Binance, against Coinbase, against Richard Hart.

00:59:25.000 Yeah.

00:59:25.000 Some people are like, oh, I like Coinbase, but I don't like Richard Hart.

00:59:28.000 So, like, this looks bad for him, but I think Coinbase is going to win. 1.00

00:59:31.000 It's, like, stupid, right? 1.00

00:59:32.000 Okay. 1.00

00:59:32.000 So, and I want to make this clear, too, because people are saying that, you know, Richard Hart's scammer, blah, blah, blah, all this other stuff, where he got in trouble. 1.00

00:59:37.000 Guys, he got civilly sued.

00:59:39.000 Being sued and being arrested are two different things.

00:59:41.000 It's a civil case.

00:59:42.000 Yeah.

00:59:43.000 That's like an old lawsuit against him, basically.

00:59:47.000 So he pretty much was one of the first guys on the internet, and he ended up creating spam emails.

00:59:52.000 He just started spamming out to a bunch of places in terms of he was trying to sell his product, and some guy sued him for $500.

00:59:58.000 Richard Hart?

00:59:59.000 Yeah.

00:59:59.000 It was like Amazon links.

01:00:01.000 It was like super dumb. 1.00

01:00:02.000 So imagine like someone just wants to sue you just for some bullshit. 1.00

01:00:04.000 And then he lived in Florida. 1.00

01:00:04.000 Yeah. 1.00

01:00:05.000 So in order for him to actually show up to court, he had to fly out to Washington and he was like, for $500, bro, I ain't going.

01:00:10.000 So then he just paid the 500 bucks and that's it.

01:00:12.000 Yeah.

01:00:12.000 And this is why like people, when you search his name up, it says scammer.

01:00:15.000 No.

01:00:15.000 It was like a $500 lawsuit.

01:00:17.000 It's pretty dumb. 1.00

01:00:18.000 Trump's been sued a million times too. 1.00

01:00:20.000 People forget that.

01:00:21.000 Once you have, you know, he has something like 100 plus lawsuits.

01:00:25.000 So, okay, so he's being sued and you're saying that the SEC is basically making a civil case against all the top 20 cryptos.

01:00:32.000 They're suing all of them.

01:00:33.000 As many of them as they can.

01:00:35.000 Coinbase being sued, Kraken's being sued, all of them.

01:00:37.000 So the SEC allowed Coinbase to sell all types of cryptos.

01:00:43.000 Bitcoin, everything.

01:00:44.000 So that was like maybe two, three years ago.

01:00:47.000 Then they sued him again.

01:00:48.000 Hey, why are you guys selling other cryptos?

01:00:50.000 You said we could. 0.99

01:00:52.000 So that's the shit where he's like, they're on some crazy power trip. 0.99

01:00:55.000 And on top of that, Gary Gensler, right? 0.99

01:00:57.000 He was caught on video shilling like Algorand.

01:00:59.000 Gary Gensler, is he the head of the SEC? Yeah.

01:01:03.000 Basically, he got caught on camera basically shilling, like he used to be a professor, he was shilling Algorand.

01:01:07.000 Yep.

01:01:07.000 He was shilling a bunch of these altcoins to people during twist classes.

01:01:10.000 If he's successful and says, okay, Coinbase should go to jail, Richard Hart should go to jail, CZ from, what do you call it, Binance should go to jail.

01:01:17.000 He should too.

01:01:18.000 Exactly.

01:01:18.000 He should too then.

01:01:19.000 What the hell? 0.71

01:01:19.000 Exactly. 0.71

01:01:20.000 Okay.

01:01:21.000 So that's something that people don't want to...

01:01:22.000 Okay, so...

01:01:23.000 Because everyone's like, oh, Richard Harkowski's a scammer, blah, blah.

01:01:26.000 But what they don't want to admit is that everyone's being sued.

01:01:29.000 Everybody.

01:01:30.000 So basically, because they don't like him, what do they do?

01:01:32.000 Pinpoint him only.

01:01:33.000 Yeah, pinpoint him only.

01:01:33.000 Oh, he's getting sued as a scammer.

01:01:34.000 But all these other exchanges and owners...

01:01:38.000 Well, not owners, but creators of certain coins are getting sued as well.

01:01:40.000 So Uniswap just won their lawsuit a couple days ago.

01:01:44.000 So they sued Uniswap.

01:01:46.000 They were suing...

01:01:46.000 So SEC's suing everyone.

01:01:47.000 Everybody.

01:01:47.000 It doesn't matter.

01:01:48.000 As many people as they can.

01:01:49.000 They were coming after influencers as well.

01:01:52.000 A lot of the influencer lawsuits are like got more holes in Swiss cheese.

01:01:56.000 I mean, it's pretty insane.

01:01:57.000 They're just basically seeing...

01:01:58.000 You can't come after us because we say, hey, this works, this works, blah, blah.

01:02:01.000 Hey, financial advice.

01:02:03.000 And we're telling you, we're agnostic over here.

01:02:06.000 It's crazy.

01:02:06.000 They're not going after the guys that were shilling FTX either.

01:02:09.000 Which is...

01:02:10.000 Well, we'll see in October what ends up happening with that.

01:02:13.000 But they did a lawsuit against Uniswap trying to sue them for basically...

01:02:18.000 Having coins launched.

01:02:19.000 They're suing Graham Stephan, the Indian dude. 0.95

01:02:23.000 They're trying to sue fucking Larry David over doing an FTX commercial. 0.90

01:02:28.000 I completely forgot about that, that they launched a big-ass lawsuit against everyone that pushed FTX, all the biggest influencers. 0.97

01:02:33.000 Graham Stephan, what's that internet dude's name?

01:02:36.000 The Indian dude.

01:02:37.000 The chic dude?

01:02:37.000 The chic looking dude.

01:02:38.000 Someone in the chat is going to say it.

01:02:40.000 He's an Indian guy that has a financial channel.

01:02:44.000 Is it Minority Mindset? 0.65

01:02:45.000 Minority Mindset, I think it was.

01:02:46.000 A bunch of them.

01:02:47.000 Yeah, bro.

01:02:48.000 Everyone that puts FTX, they suit all of them, bro.

01:02:50.000 That Indian dude, I'm sorry. 1.00

01:02:53.000 Here's the thing, it's because they're not in the crypto space, so they didn't know, like, this is the problem, is like, if we had their phone number, if I had Grant Steppen's phone number, he lives in Vegas, I would have told them not to do it.

01:03:05.000 I would have told them not to do it.

01:03:07.000 Y'all were skeptical of FTX from the beginning. 0.86

01:03:09.000 From the jump, because it was like, they were claiming to be like a US exchange, and they were out of fucking, not Barbados, they were out of, what's it called? 0.94

01:03:15.000 Bahamas. 0.98

01:03:15.000 Bahamas, right? 0.98

01:03:16.000 Hey man, don't put us there, bro.

01:03:18.000 Don't put us there, man. 1.00

01:03:21.000 So they were trying to kill crypto and crypto keeps winning these lawsuits because it's bullshit. 0.99

01:03:28.000 So what they did is they were trying to sue Uniswap. 0.98

01:03:30.000 So imagine like you had like, all right, imagine this.

01:03:32.000 I'm YouTube and I'm getting sued for having Fresh and Fit On.

01:03:35.000 No, they decided to create a channel.

01:03:37.000 I don't have any responsibility for that.

01:03:40.000 That's what they were trying to do.

01:03:41.000 They were trying to sue them for having altcoins being sold on Uniswap.

01:03:46.000 Decentralized exchange.

01:03:47.000 They can't control.

01:03:48.000 I mean, they can, but they're not going to.

01:03:51.000 And so what ended up happening...

01:03:52.000 It defeats the entire purpose of being decentralized.

01:03:54.000 Exactly.

01:03:54.000 And so they won that lawsuit because the court agreed.

01:03:56.000 Yeah, they can't get in trouble for that.

01:03:59.000 They provide the service.

01:04:00.000 Here's the website.

01:04:01.000 You sell what you want.

01:04:02.000 And that's it.

01:04:03.000 And the only line that the government does put is on stuff like tornado.cash.

01:04:08.000 So it's stuff like coin mixers, which is basically people trying to hide from taxes.

01:04:13.000 So it's like, imagine you put an Ethereum inside this contract, and then it splits up your Ethereum into a bunch of pieces.

01:04:19.000 And then when you withdraw an Ethereum, no one can track it.

01:04:22.000 It looks like brand new Ethereum.

01:04:23.000 Oh, wow.

01:04:23.000 So they made that illegal, which I can sort of understand.

01:04:26.000 You're intentionally trying to hide your shit. 1.00

01:04:29.000 Yeah. 1.00

01:04:30.000 But that's the only line that the government in terms of courts have been like, you cannot do that.

01:04:34.000 That's the only thing, which I understand.

01:04:36.000 But besides that, most people aren't even doing that anyways.

01:04:38.000 No, dude, I'm telling you, we've never recommended people to do that at all.

01:04:42.000 But we've just told people, just pay your taxes.

01:04:45.000 Literally, we tell people, pay their taxes and stuff.

01:04:47.000 Shout out to Steve.

01:04:49.000 See from accounting.

01:04:51.000 But, I mean, it's kind of like...

01:04:53.000 We're in this crazy kind of mode right now where the SEC is getting kind of dismantled over time. 0.70

01:04:57.000 They're losing every freaking lawsuit.

01:04:59.000 The Richard Hart lawsuit is basically... 0.98

01:05:01.000 I mean, damn near it's almost over his character.

01:05:03.000 That's it. 0.94

01:05:03.000 It's just an easy target. 0.94

01:05:05.000 It's just because he was marketing and he was dressing up in Lambos.

01:05:08.000 He was straight up doing splits in here.

01:05:11.000 He was on the stripper pole.

01:05:13.000 But that was just...

01:05:15.000 For outreach marketing.

01:05:16.000 Yeah, that's what it was.

01:05:17.000 Well, and think about this, right?

01:05:18.000 How many people in the finance—because everybody's like, oh, there's so many scammers in crypto, people I don't like, da-da-da-da, right?

01:05:24.000 How many people on Wall Street do you like, right, who are making money and you're like, I'm going to buy that stock, I'm going to buy this stock, I'm going to bet on that company?

01:05:32.000 Have you met most of the CEOs from these companies that you're betting on?

01:05:35.000 No. 1.00

01:05:36.000 You'd probably hate their fucking guts. 1.00

01:05:37.000 Yeah, yeah. 1.00

01:05:38.000 Because you don't see them.

01:05:38.000 They're behind the scenes.

01:05:39.000 Yep.

01:05:41.000 Alright, let's hit some of these chats real quick.

01:05:43.000 I know you guys got some questions.

01:05:46.000 Show everyone something on YouTube and Switch.

01:05:49.000 Yo, and guys, do me a favor.

01:05:50.000 We got 1.4k y'all watching on YouTube.

01:05:52.000 Do me a favor.

01:05:53.000 Can y'all like the video?

01:05:53.000 Let's get 100% engagement on this thing.

01:05:55.000 And then we got another, I think, 5 or 6,000 watching on Rumble.

01:05:59.000 Yes.

01:05:59.000 So, what are the five most underrated altcoins?

01:06:03.000 That's a good one.

01:06:05.000 I'll do two.

01:06:05.000 You do two or what?

01:06:06.000 Yeah, yeah.

01:06:06.000 So, two for two.

01:06:08.000 Now, God, I'm sorry for this, but...

01:06:12.000 I guess one coin, shockingly enough, is I would say Solana.

01:06:16.000 Now, it's not my favorite chain and stuff because it keeps going down, but it's one of the only American chains that was built in America, and VCs from Silicon Valley are pumping money with it.

01:06:27.000 After they've gone Sam Bankman-Fried, they got rid of a lot of his projects, and they're re-putting money back in.

01:06:34.000 So it's going to come back.

01:06:35.000 So it just is what it is.

01:06:37.000 Cardano is another one I really like.

01:06:40.000 Obviously, Hex, Pulse Chain, big underrated ones.

01:06:43.000 You can make some good cash on all of these and stuff.

01:06:45.000 And these are altcoins.

01:06:46.000 You should not be putting all your cash.

01:06:47.000 This is like, I'm putting 5% of the portfolio.

01:06:51.000 Especially if you're brand new.

01:06:52.000 Like me, I've been around for a long time.

01:06:54.000 My fear and position is still 30%.

01:06:56.000 30% on a...

01:06:58.000 And I've been in crypto almost...

01:07:00.000 Almost eight years.

01:07:01.000 I will say this though.

01:07:02.000 Being in the scene, the only coin people I've seen last the test of time is hexagons.

01:07:07.000 They've been in the club from day one until now.

01:07:10.000 Money grows on trees.

01:07:12.000 I'm like, how are you guys doing this, bro?

01:07:13.000 What the hell?

01:07:14.000 Well, and like two other coins that I'd mention here.

01:07:16.000 So like Pulse Chain, I agree, is like one of the most undervalued coins out there.

01:07:21.000 As well as there's a coin called Thor Swap.

01:07:23.000 Yep.

01:07:24.000 Thorswap?

01:07:25.000 Thorswap.

01:07:25.000 It's like...

01:07:26.000 Millionaire!

01:07:26.000 T-H-O-R, right?

01:07:28.000 It's about, I think, 18 cents right now.

01:07:31.000 There's no financial advice, but if you tend to...

01:07:33.000 Pattern-wise, if you look at its chart and everything, and it has a burn rate that's pretty good that helps to reduce supply over time, all that stuff, it's an exchange on a fundamental level.

01:07:43.000 It's an exchange that allows you to swap coins, like Bitcoin to Ethereum, which usually you have to...

01:07:49.000 Change Bitcoin into an Ethereum-based token first to do anything in the Ethereum area.

01:07:54.000 So it allows you to do cross-chain swaps, which is interoperability is a huge thing in crypto that doesn't yet exist.

01:07:59.000 This exchange helps do that.

01:08:00.000 And so that coin, I think, is undervalued.

01:08:03.000 I bought it under 30 cents.

01:08:05.000 I like that price.

01:08:06.000 Under that price is good.

01:08:08.000 For another one out here, Illuvium.

01:08:11.000 Oh, yes.

01:08:12.000 Basically, there's a huge trend out there with Metaverse GameFi that...

01:08:17.000 I don't know how much to say right here, right now, but, you know, there's companies that are global, right?

01:08:23.000 Not necessarily all US-based, who are going to be using GameFi and the metaverse space, because that's going to be built out globally, whether people like it or not.

01:08:33.000 And through there, they're going to be doing different coins, and Illuvium is a gaming coin in that respect.

01:08:38.000 But when everybody is basically saying, crypto gaming's done, Metaverse is dead. 0.97

01:08:43.000 All that's bullshit.

01:08:44.000 That's usually a good time to buy, and that's one of the premier assets in that space. 0.95

01:08:48.000 And there is one good YouTube channel to watch for that content is Alex Becker.

01:08:51.000 Yes.

01:08:52.000 Alex Becker is straight up one of the smartest guys in the crypto space.

01:08:56.000 On Metaverse.

01:08:57.000 He's focused only on GameFi.

01:09:00.000 So he's just in one little part of crypto.

01:09:03.000 So it's like right now they're trying to come out right now with AAA games.

01:09:07.000 Imagine you make Call of Duty and then you have these loot boxes and stuff like that.

01:09:11.000 So right now the crypto space is trying to come out with their first kind of Big hit right now.

01:09:16.000 And that's what's happening right now. 0.86

01:09:17.000 That's why it's so exciting because, you know, you had Facebook change their name to Meta and then every single GameFi, every single AI coin fucking skyrocketed off of like, because people are like, oh damn, the Metaverse is real.

01:09:30.000 This is what Decentraland Sand, Axie Infinity, all these little micro games and stuff.

01:09:34.000 They went bananas in price.

01:09:35.000 I mean, we're talking about, we're like, I was buying some of these coins for 80% of a penny and they went to three to four dollars.

01:09:41.000 Wow.

01:09:42.000 I'm talking like literally 400 times on your money.

01:09:43.000 Yeah. 1.00

01:09:44.000 Crazy shit. 1.00

01:09:44.000 Alluvium is I think around like $40, $50 right now. 1.00

01:09:47.000 It started out at $40 in 2020 or whatever.

01:09:51.000 Yeah.

01:09:51.000 Went up to $1,800, right?

01:09:53.000 In 2021.

01:09:54.000 Now it's back down to $50.

01:09:56.000 You know, if you like the platform, if you like the game, if you like the people building it who are well connected in the space, it might not be so bad.

01:10:01.000 It's like a Pokemon battler.

01:10:02.000 That's what it is.

01:10:03.000 It's kind of funny.

01:10:05.000 Let's see here.

01:10:06.000 What else do we got?

01:10:08.000 Poppy goes, Thoughts on Magic Token?

01:10:11.000 Will this coin explode like ETH? Oh, here we go.

01:10:14.000 So Miguel doesn't necessarily like Matic so much.

01:10:18.000 I'm fine with it, but it's a layer two on Ethereum.

01:10:21.000 The one thing, Matic back in the day, right, they didn't start as like a coin that was trying to help Ethereum reduce its fees.

01:10:28.000 That's what a layer two means.

01:10:29.000 So it's basically Ethereum is your layer one infrastructure.

01:10:32.000 This is an infrastructure that's on top of that to help basically Ethereum run faster and cheaper.

01:10:37.000 Okay.

01:10:37.000 So Nike, Disney, a few of these companies are building their projects on Matic.

01:10:43.000 So for that reason, I think it'll have success dollar value-wise.

01:10:46.000 Cheaper fees to do transactions.

01:10:49.000 Because Ethereum is expensive to do transactions with.

01:10:51.000 So if those companies are using it and it's a good technology, yeah, I'll bet on it.

01:10:57.000 But I'm not going to hold it longer than two years. 0.98

01:10:59.000 I'll sell that shit for more Ethereum later. 0.99

01:11:01.000 Now let me give you the cons. 1.00

01:11:03.000 Go ahead.

01:11:04.000 Now, there's a joke that we said, like, Maddox is completely owned by 13 Indians. 1.00

01:11:11.000 So, like Charlie said, I was very early on in the coin called Decentraland, and in there they promised to essentially be their scaling solution, and essentially they just abandoned that.

01:11:22.000 They just left and decided to do a second thing.

01:11:25.000 But the one reason why, like, Maddox still is going to make money.

01:11:27.000 It is.

01:11:28.000 But I'm a little worried for them because of Coinbase.

01:11:30.000 Coinbase created their own blockchain called Base Protocol.

01:11:33.000 So the big thing that Maddox is known for is BizDev.

01:11:36.000 So they're really good at onboarding you as a business.

01:11:39.000 You call them, hey, Fresh and Fit, we'll put you on here.

01:11:41.000 We'll help you out.

01:11:42.000 We have all this business suite stuff so we can put you in there and help you out to do it.

01:11:47.000 The thing is with Coinbase, Coinbase has got the right gain.

01:11:49.000 If you ask an old person, do you know Coinbase or Matic? 1.00

01:11:51.000 They're going to say Coinbase.

01:11:52.000 So you're going to have every major corporation probably eventually start onboarding into base protocol because it's Coinbase.

01:11:59.000 Coinbase is on the stock market.

01:12:00.000 They have to be very transparent.

01:12:01.000 They don't have a coin on it or nothing like that.

01:12:04.000 So this is the reason.

01:12:05.000 So now you have a big competitor now.

01:12:07.000 Base is a real competitor now.

01:12:09.000 Okay.

01:12:10.000 Yeah.

01:12:10.000 All right.

01:12:12.000 And guys, if you guys want more sauce like this, man, they got a course out right now where they're going to go ahead and do a bunch of Zoom calls and teach you guys.

01:12:18.000 They're going to talk about it in more detail here in a second.

01:12:19.000 Yeah.

01:12:20.000 But guys, these are the dudes you guys want to help you out.

01:12:22.000 Coinagnostic.

01:12:23.000 Hey, you asked them for their opinion on altcoins.

01:12:25.000 They're going to give you guys their honest opinion.

01:12:26.000 Hey, I am in it.

01:12:27.000 I'm not in it.

01:12:28.000 This is what I've heard.

01:12:29.000 These are the returns I've seen, et cetera.

01:12:31.000 Edible Waffles goes, thank you, Freshman, for all you do.

01:12:33.000 I've been watching for three years and love the content.

01:12:35.000 Thank you, bro, for supporting for so long.

01:12:36.000 Learned a lot, and people need to hear this fire.

01:12:38.000 Also, would you guys consider doing a video with a Forex guy on Monday with a Forex guy?

01:12:43.000 I think we have already.

01:12:44.000 We could bring Q Banks back again. 1.00

01:12:46.000 Yeah.

01:12:46.000 And do an episode.

01:12:48.000 Because we didn't actually talk about trading with him.

01:12:50.000 We didn't.

01:12:50.000 We just talked about his life.

01:12:51.000 Yeah.

01:12:52.000 So maybe we could bring him back and talk about trading.

01:12:54.000 Does Lambo Raul do Forex?

01:12:56.000 Yes, he does.

01:12:57.000 I think he does, right?

01:12:58.000 He might trade stocks and stuff, but he's a cool dude.

01:13:00.000 I think he's a day trader.

01:13:01.000 Yeah.

01:13:01.000 We'll go ahead and do a Forex episode.

01:13:03.000 Because I don't think we've...

01:13:04.000 Not done a Forex show.

01:13:05.000 Text it right now.

01:13:06.000 So, alright.

01:13:07.000 We got y'all.

01:13:08.000 We'll make it happen.

01:13:10.000 But I'm going to warn y'all.

01:13:11.000 It's risky.

01:13:12.000 It's not for everybody.

01:13:13.000 It is.

01:13:13.000 I'm going to make that very clear for you guys.

01:13:15.000 You know, I know there's people that want to trade Forex and stuff, but it's very risky.

01:13:19.000 31 million sheep took an absolute haircut on it.

01:13:21.000 Do I dump it or hold it for Lotto?

01:13:23.000 So if you've held it this long, so it's all about, again, the four-year cycles, right?

01:13:29.000 So I said the first year, which is this year, is the year of accumulation.

01:13:32.000 Next year is the year of Ethereum and then some altcoins.

01:13:36.000 2025 is the year of the top and also altcoin seasons.

01:13:40.000 And then 2026 is the year of the dump, right?

01:13:43.000 And so he held through the year of the dump of 2022 in that four-year cycle.

01:13:47.000 And he held it all the way to the bottom.

01:13:48.000 And then now we're back up a little bit again.

01:13:50.000 Yeah.

01:13:51.000 Might as well hold it out now.

01:13:53.000 You've been through the bottom, my friend.

01:13:55.000 Time to collect on that.

01:13:57.000 This guy's a smart guy, but you also have to notice he's starting to waver a little bit.

01:14:00.000 This is when people drop the bag.

01:14:01.000 Correct.

01:14:02.000 So it's like if you held this long, what I would probably tell you, I haven't checked the price on it.

01:14:07.000 If you're really down significantly on it, you'd just be better off doubling the size of the bag and just chilling on it.

01:14:12.000 Yeah, just buy the same amount for a way cheaper price.

01:14:15.000 Don't do anything with it until late 24.

01:14:17.000 Then you can sell it for some profit.

01:14:19.000 Good.

01:14:20.000 If you really don't like it and you're just like, I can't manage holding this anymore, I don't want to be reminded of it, then just turn it into something that's more stable over the long term like Ethereum or another coin like that.

01:14:31.000 So this is why it's so important.

01:14:32.000 This is why we're getting these low altcoin prices is because people are now like, well, maybe I should drop it now.

01:14:38.000 And then they're dropping it to me.

01:14:40.000 And to BlackRock and to, you know, the smart investors.

01:14:43.000 Exactly.

01:14:43.000 Okay.

01:14:44.000 Alright, who's up?

01:14:45.000 What's up next?

01:14:46.000 Yeah.

01:14:47.000 We got...

01:14:48.000 And then we got a...

01:14:50.000 We're gonna close out here soon, guys.

01:14:52.000 We got a second show for you guys with Joe McBride, a.k.a.

01:14:56.000 Andrew and Tristan's lawyers.

01:14:58.000 We're gonna talk about the case.

01:15:00.000 Danger Aaron goes, what are your thoughts on crypto casinos like Stake or Dual Bits?

01:15:04.000 What coins should I use to play with and should I vault my earnings?

01:15:07.000 No.

01:15:08.000 Yeah, dangerous.

01:15:09.000 Don't do it.

01:15:10.000 Alright, so Stake just got hacked by the Lazarus Group, which is North Korea's cyber... 0.72

01:15:15.000 Oh, wow.

01:15:16.000 The gambling site?

01:15:17.000 Stake?

01:15:18.000 They got hacked for $24 million.

01:15:21.000 And North Korea jacked them.

01:15:23.000 They're the ones paying a lot of the influencers the most money.

01:15:25.000 They do have bread, though, bro.

01:15:26.000 No, they do have bread.

01:15:28.000 Because, I mean, gambling is, I mean, dude, free, like, free, like, you release anything into freedom where anyone can do it anytime, it's massive.

01:15:35.000 But the problem is, is like, bro, if, like, Lazarus Groups is after you, I mean, dude, it's like talking about, like, I'm the elusive man, or some shit.

01:15:42.000 And the FBI is after them. 0.76

01:15:43.000 Dude, it's super dangerous.

01:15:45.000 Never bank your profits.

01:15:47.000 This is the same thing we tell our students.

01:15:49.000 If you're investing into a new L1 or an L2 that you don't really trust, you don't keep all your Ethereum on there. 0.89

01:15:53.000 Are you crazy?

01:15:54.000 You invest what you're going to invest in there. 1.00

01:15:56.000 All the rest of your money should be back in your fucking wallet. 1.00

01:15:59.000 In your wallet, under your control, on Ethereum. 1.00

01:16:02.000 Chilling.

01:16:02.000 Because you leave your money lying around in some random chain and stuff, you're going to get jacked.

01:16:07.000 We have students, and it's happened to us and stuff, we're like...

01:16:11.000 Some of these chains start to do some funny stuff and then we start seeing, we start pulling, we pull our money out before we get rugged.

01:16:15.000 Okay.

01:16:15.000 Because you start noticing weird little things like bridges starting to get real slow.

01:16:19.000 Nobody wants to get rugged.

01:16:20.000 Exactly.

01:16:21.000 And we let you guys know that in the course and on our channels.

01:16:24.000 Yeah, we warned people against Luna and everything that collapses.

01:16:26.000 Yeah, we told people to take profit on Luna.

01:16:28.000 But we saw that a mile away.

01:16:30.000 I was just shocked how fast it went.

01:16:31.000 I thought it was, oh, this is going to take four months for it to go to zero.

01:16:35.000 No, no.

01:16:35.000 It was within a week.

01:16:37.000 Yeah, we were talking about that in our course about nine months before it happened.

01:16:40.000 We told you guys, hey, this could be dangerous.

01:16:42.000 You can make some money on it.

01:16:43.000 But then when it got to $100, we're like, sell, sell, sell.

01:16:46.000 And then there were some people that were too emotionally invested.

01:16:48.000 They're like, I don't think so.

01:16:49.000 I'm like, no, bro.

01:16:51.000 Not that financial advice, but I would highly recommend, and some of them held down to zero.

01:16:55.000 So, you know, when we tell you guys to be careful of these things, we're serious.

01:16:59.000 So, look what these guys were calling themselves. 0.82

01:17:01.000 So, the guys in Luna were calling themselves lunatics.

01:17:05.000 And, like, Terra was their altcoin, and they were calling themselves terrorists. 0.97

01:17:09.000 I'm serious, like, their own community was like, yeah, we're lunatics and terrorists. 0.99

01:17:14.000 Shut up, Doquan. 1.00

01:17:16.000 What's up next? 1.00

01:17:17.000 Montenegro. 0.98

01:17:19.000 The businessman goes, crypto is a greater fool theory.

01:17:23.000 Blockchain is a revolutionary technology, but crypto is just lotto tickets. 0.83

01:17:25.000 It's gambling. 0.99

01:17:26.000 I'm surprised Myron's bullshit meter hasn't set off. 0.99

01:17:28.000 So Myron, that Bitcoin in your wallet, can you spend it? 0.98

01:17:33.000 Can you use it?

01:17:34.000 Can you liquidate it?

01:17:35.000 Is it up from where you started?

01:17:37.000 Absolutely.

01:17:37.000 If you would have held it in cash, would inflation have eaten that cash more than what it has in Bitcoin?

01:17:43.000 Yeah, absolutely.

01:17:44.000 I would have lost way more buying power.

01:17:46.000 Right, and is Bitcoin a decentralized network that, you know, is across the entire globe that nobody can control and has a limited supply?

01:17:53.000 Yeah, haters gonna hate, man.

01:17:55.000 Yeah, no, it's like, come on, just logic, you know?

01:17:57.000 Haters gonna hate, bro.

01:17:58.000 It's just like... 1.00

01:18:01.000 This is what I've realized that people have their investment class and they're just so heavy in that investment class and they say everything else is bullshit. 0.99

01:18:08.000 You know what the real greater fool theory is? 0.99

01:18:10.000 What? 0.98

01:18:11.000 The US dollar.

01:18:12.000 And all fiat currency.

01:18:14.000 All fiat currency.

01:18:15.000 Why?

01:18:16.000 Not because it's not valuable.

01:18:17.000 It's very valuable within one calendar year.

01:18:20.000 You can use it.

01:18:21.000 It's great.

01:18:22.000 But after that, they slowly steal your money away through inflation.

01:18:25.000 It used to be a stealth stealing, right?

01:18:27.000 Two, three percent?

01:18:28.000 Yeah. 1.00

01:18:28.000 Now they're fucking jacking you right to your face and people are not noticing it. 1.00

01:18:31.000 Yeah. 1.00

01:18:32.000 I mean, look at household everyday items.

01:18:34.000 They're going up in price significantly.

01:18:36.000 That's how you're getting robbed.

01:18:37.000 The hourly wage for people at McDonald's.

01:18:40.000 Yeah.

01:18:40.000 You know, same thing.

01:18:41.000 So, you guys never miss.

01:18:43.000 Thank you for continuing to drop gems and help guys like myself understand their worth and become more valuable. 0.98

01:18:46.000 Buy the book, join the CEO network, and like the damn video, WFNF. I appreciate that, my friend. 0.97

01:18:50.000 What else?

01:18:51.000 I think we got two more rants.

01:18:53.000 The businessman goes, explain to me how crypto isn't greater. 0.94

01:18:56.000 Fool theory.

01:18:56.000 I'm not surprised.

01:18:57.000 Fresh believes these dudes.

01:18:58.000 But Myron, wake up.

01:18:59.000 It's gambling.

01:19:00.000 So let me add one thing on the Bitcoin halving here, businessman.

01:19:03.000 Yeah, I believe them, bro.

01:19:04.000 Too bad.

01:19:05.000 One more thing about the halving, right?

01:19:07.000 So going into the halving, Bitcoin supply from there on out will be reduced by half, meaning the miners who generally mine one Bitcoin every 10 minutes, right, they will have half as much Bitcoin as a reward, right?

01:19:21.000 So I think right now it's like, what is it, 3.25 Bitcoin per reward every 10 minutes.

01:19:26.000 Now it's going to be cut in half to like 1.125, right?

01:19:29.000 And so, okay, what if...

01:19:32.000 Talking about supply-demand, basically, right?

01:19:34.000 So greater fool theory requires more demand, right?

01:19:38.000 More people coming in. 0.97

01:19:39.000 If demand stays the same, you don't have any other fools coming in and buying Bitcoin, will the price when the supply gets reduced go up? 0.94

01:19:48.000 The answer is absolutely it will.

01:19:49.000 So Bitcoin doesn't need more people in it to increase in value, but it does do this thing which is magically, you know, a product of the internet and the digital age called the network effect, right?

01:19:59.000 Which if you add more nodes or more people to the network, That network becomes more valuable inherently as a utility.

01:20:07.000 So a utility for Bitcoin to move your money anywhere in the world, when you want, where you want, and to who you want, is the utility of that.

01:20:15.000 So it doesn't require more people to go up in price.

01:20:18.000 But if more people come in, then it goes up a lot more in price, that's true.

01:20:21.000 Right.

01:20:22.000 There you go, my friend.

01:20:23.000 There's your answer to it being gambling.

01:20:25.000 My girlfriend's buying cars. 0.84

01:20:26.000 All paid for from Bitcoin.

01:20:28.000 Right.

01:20:29.000 Everything's about supply and demand.

01:20:30.000 If you don't have no demand, your business is a Ponzi.

01:20:34.000 If no one buys anything from your business, you go belly up.

01:20:37.000 Everything's about demand.

01:20:39.000 Alright.

01:20:39.000 What else do we got here?

01:20:41.000 Santino goes, any advice on staking crypto?

01:20:43.000 Is it a W or L? Depends on the crypto.

01:20:45.000 Yeah.

01:20:45.000 Depends on the crypto.

01:20:46.000 With Illuvium, it's a W. Yeah.

01:20:48.000 And not staking on these centralized exchanges.

01:20:50.000 You're better off just leaving it in your wallet.

01:20:52.000 Because I don't like...

01:20:53.000 If you can avoid centralized exchanges, avoid them, please.

01:20:56.000 Yeah.

01:20:56.000 We got some Super Chats here.

01:20:58.000 Yeah.

01:20:59.000 Okay, so we got Ahoy, Timmer Turner.

01:21:01.000 Hey guys, why don't you bring Michael, Rainey, and Gianni from Power.

01:21:04.000 They've got a pod too.

01:21:06.000 I'm sure they'd be down for a clap.

01:21:07.000 I don't know who they are.

01:21:09.000 It's a TV show, I think.

01:21:10.000 Oh.

01:21:10.000 Oh, the 50 Cent one?

01:21:11.000 50 Cent.

01:21:12.000 Yeah, yeah, yeah.

01:21:14.000 Miguel and Chuck, I don't care what nobody say, y'all the goats, and Myron, wave check.

01:21:19.000 Oh.

01:21:21.000 Them waves.

01:21:22.000 I called the Ben and Myron on that before the show.

01:21:24.000 It's looking good.

01:21:25.000 I got my hair back, man.

01:21:26.000 Fresh, what have you done to him?

01:21:28.000 Listen, man.

01:21:30.000 I'll just say he...

01:21:31.000 Fresh is losing the battle, by the way, guys.

01:21:33.000 I gave up.

01:21:34.000 Hold on.

01:21:34.000 You know why I gave up?

01:21:35.000 Because, like, bro...

01:21:35.000 Oh, now I gave up.

01:21:36.000 He did too much, man.

01:21:37.000 Every second, blushing your hair.

01:21:38.000 I don't want to do that no more, bro.

01:21:40.000 I did that 10 years ago.

01:21:41.000 No, but he was like, oh, yo, Myron, my way is better than yours.

01:21:44.000 All right, man.

01:21:45.000 We'll see, bro.

01:21:45.000 I had nothing here, man.

01:21:50.000 So yeah, you just take the L, bro.

01:21:53.000 Miguel, you met GG33. He said next year is money year 9LP. Do you think I should buy some more MANA, ETH, XRP, and keep investing in Spine ETS before this year is over?

01:22:05.000 Yeah, I'd probably chill out on Mana.

01:22:06.000 You can probably buy ETH and XRP. Yeah, you're fine on that.

01:22:10.000 I'd probably get some Cardano or Soul.

01:22:12.000 Just little bags or just some OP or something like that.

01:22:15.000 That way you're a little more diversified.

01:22:16.000 Yeah, that's plenty good.

01:22:19.000 And then, will DOT recover and live up to its potential?

01:22:23.000 That comes from Wayne.

01:22:25.000 This is the cycle.

01:22:26.000 We're going to find out.

01:22:28.000 Same thing with Adam.

01:22:28.000 Adam and Dot are on the chopping block for this cycle.

01:22:31.000 We're going to see who ends up working.

01:22:32.000 If Cardano could make it, I'm pretty sure it'll be fine.

01:22:35.000 And then, how many more do we got?

01:22:38.000 Oh, the last one right here?

01:22:39.000 Okay.

01:22:40.000 Tech Poppy goes 10 bucks.

01:22:42.000 Shout out to Freshest Crypto Litmus Test.

01:22:44.000 Your coin's still around and still in the club.

01:22:48.000 Bye, bye, bye.

01:22:48.000 Yes, sir.

01:22:49.000 Very funny.

01:22:51.000 And yo, guys, do me a favor, man.

01:22:52.000 Just like the video on YouTube, man.

01:22:53.000 We got about 1.4K of y'all here watching on YouTube, so like the video.

01:22:56.000 Let's get up to 100% engagement.

01:22:57.000 We got a double.

01:22:59.000 We got a three-piece for y'all.

01:23:02.000 We're going to go live here very soon with Joel McBride, a.k.a.

01:23:06.000 Andrew, Tristan's attorney.

01:23:07.000 Hey, we got some Rumble rants, like a little bit more.

01:23:09.000 I'm just getting them up right now.

01:23:10.000 Oh, some more rants?

01:23:11.000 Okay, let's bring them up real quick.

01:23:13.000 And then also, guys, can you tell them about, while they pull this up, can you tell them about the course real fast, what they get?

01:23:17.000 Yeah, I can tell them what's included in the course and everything.

01:23:19.000 So today is September 8th, so the first day that we've launched the Crypto Mindset course.

01:23:23.000 It'll be available for five days.

01:23:25.000 So until the 12th at midnight Pacific Standard Time, you can get in the course.

01:23:29.000 So go in the description link or also...

01:23:33.000 There you go.

01:23:34.000 Or also in the chat.

01:23:35.000 I think the link's been put in there.

01:23:36.000 So go there and you'll support Fresh and Fit in that way as well.

01:23:40.000 So the process for getting into the course, once you've paid, I'll mention that and then I'll mention what you get with it.

01:23:46.000 Please go ahead.

01:23:47.000 We do this on Telegram, which is an encrypted service, which is safe for people who are basically talking about cryptocurrency.

01:23:54.000 It is the Wild West.

01:23:55.000 And so we get you into a telegram within 24 hours after purchase.

01:24:00.000 We will email you directly after your purchase within 24 hours.

01:24:04.000 If you don't get it, look in your spam or promotions folder.

01:24:08.000 It may get filtered out into there.

01:24:09.000 If you don't have an email at all within 24 hours after purchasing the course, Then, email us at support at cultivatecrypto.com and we'll basically help you out.

01:24:20.000 And we've taken care of a lot of people that way.

01:24:22.000 And then, once you get into the Telegram, for the next week or so, you'll be able to talk with everybody in the chat.

01:24:28.000 If you don't know anything about crypto, people in the chat, we already have experienced people, will teach you some extra information.

01:24:34.000 If you already know about crypto, you want some holes filled, everybody in there talks about what's happening in crypto right now.

01:24:41.000 Then, around September 20th or so, we'll let you guys know specifically, but around that date, I have to look at my calendar.

01:24:49.000 22nd.

01:24:50.000 22nd.

01:24:50.000 Which day of the week?

01:24:51.000 Friday?

01:24:51.000 It's Friday.

01:24:52.000 There we go.

01:24:52.000 So Friday the 22nd, we'll start the webinars, and the webinars are twice a day at 10 a.m.

01:24:58.000 and 10 p.m.

01:24:59.000 Eastern Standard Time.

01:25:00.000 Nice.

01:25:00.000 They are about an hour and a half to two hours of core information, different subject each time, right?

01:25:05.000 And so that's 15 live webinars that we do over the course of two weeks.

01:25:08.000 Very detailed and intensive too, man.

01:25:10.000 You are going to become an expert when it comes to assessing crypto.

01:25:13.000 Here's the great thing, right?

01:25:15.000 I can guarantee you this.

01:25:16.000 Within your local area and your family, you will become your resident crypto expert.

01:25:22.000 110%.

01:25:22.000 Like, we've had virtually everybody who's taken the course, that has happened to them, so.

01:25:27.000 I think the most important thing is you guys teach them how to understand crypto so that they make the best investments for themselves.

01:25:33.000 You teach them how to fish versus giving them the fish.

01:25:36.000 Exactly.

01:25:37.000 So then once we start the webinars on the 22nd, it'll be twice a day.

01:25:41.000 We'll do two days on.

01:25:42.000 Two days off.

01:25:43.000 Two days on, two days off over the course of two weeks.

01:25:46.000 Get those 15 live webinars in there.

01:25:48.000 We'll give you five pre-recorded so that when you come into the course, you already can look at how to set up wallets and everything like that if you don't know how to do that.

01:25:54.000 And then this quarter, we're doing two extra webinars on top of the 15.

01:25:59.000 So we're going to do 17 in total that basically have been voted on already by some people who've taken courses in the past on different subjects that they want to learn more about.

01:26:07.000 And then we're also, when we do enter the course, we'll give some of the newer people a little bit of say as well.

01:26:12.000 So we're going to do two customized webinars this quarter for everybody as a little bit extra.

01:26:17.000 And we have some other stuff planned in there in terms of guests and everything.

01:26:21.000 We have industry guests coming in, all that stuff.

01:26:23.000 But it is like a boot camp.

01:26:25.000 It's a firehose of information.

01:26:27.000 And you can use that information.

01:26:28.000 It never goes away.

01:26:29.000 You can basically go to the Telegram group six months from now.

01:26:34.000 You can still see the link to the videos.

01:26:36.000 Go and continue to do research because spaced repetition is the best way to learn.

01:26:40.000 So you take the course of those two weeks.

01:26:42.000 You got a shit ton of information.

01:26:44.000 See how much you retain. 0.58

01:26:45.000 Start doing crypto throughout the quarter.

01:26:47.000 Follow what we're telling you basically on what's happening in the market.

01:26:50.000 And then, you know, as you learn, go back to that information that you bought and then be like, okay, I need to focus more on my technical analysis or my fundamental analysis or my on-chain data or whatever it is that you need to learn more about.

01:27:03.000 You can always come back to that information.

01:27:05.000 We won't take it away.

01:27:06.000 Nice. 0.95

01:27:08.000 So guys, get the course man, goddammit.

01:27:12.000 The only way to invest in dollar is dollar-cost averaging. 0.99

01:27:15.000 Timing the market is pretty dumb. 0.78

01:27:16.000 Please ask the expert what a hash hair is and what it indicates? 0.97

01:27:21.000 I think he means hash rate.

01:27:22.000 So hash rate essentially is like how competitive is it to mine one bitcoin right now.

01:27:27.000 So the higher the hash rate, the more people are trying to get bitcoin, the more miners there are trying to compete for bitcoin.

01:27:33.000 So right now we're pretty much at an all-time high in hash rate, meaning all the miners right now are aggressively bidding against each other with computing power to try to get more Bitcoin.

01:27:43.000 So that's what that is.

01:27:44.000 Thanks, BlackRock.

01:27:46.000 I also say one thing, my name is literally Dollar Cost Crypto.

01:27:49.000 We preach dollar cost averaging.

01:27:56.000 Spanx Uno says, now that Atropa and PDA has renounced their contracts, have you changed your minds on those tokens?

01:28:02.000 A little bit.

01:28:03.000 I mean, hey, I don't want the guys to get wrecked on it, but hey, if PDA and them go to a dollar and Atropa goes up, hey, shout out to you guys.

01:28:10.000 But just be careful, you guys, because...

01:28:12.000 There is people who got into those coins very cheaply, and we're in a bear market, so they could take profits on your head if you're not careful, so be careful.

01:28:21.000 But no hate.

01:28:23.000 Sunny Tara says, Just bought Q3 Crypto Mindset in the RH ecosystem at the moment. 0.97

01:28:29.000 These Bitcoin maximalists are cucks. 0.64

01:28:31.000 Helpful cucks, but still help. 0.97

01:28:32.000 That's hilarious.

01:28:34.000 Congratulations, Ben.

01:28:35.000 All right.

01:28:36.000 TDC goes, I already had a Nano X Crypto Wallet.

01:28:39.000 Is my crypto safe?

01:28:41.000 Yes.

01:28:41.000 Yeah, so Ledger Nano is fine.

01:28:43.000 Okay.

01:28:44.000 And then the last four here.

01:28:46.000 Talk about the waste of energy it takes to mine.

01:28:48.000 Bitcoin, only ones winning are energy businesses.

01:28:50.000 That's the businessman.

01:28:51.000 Okay.

01:28:52.000 I think he just hates crypto.

01:28:54.000 Yeah.

01:28:54.000 What is the best wallet or what wallet are you using?

01:28:57.000 Treasure Model T. Yeah.

01:28:59.000 What else do we got here?

01:29:00.000 That's from Zorau.

01:29:01.000 Beastro goes, fan from New Zealand, but watch it for a minute.

01:29:04.000 Keep it up.

01:29:04.000 It's off topic, but your Fresh Fit Clip link on Rumble doesn't link to your channel, but to someone else's.

01:29:11.000 Uh-oh.

01:29:12.000 I'm going to make that fix.

01:29:13.000 I appreciate that so much.

01:29:14.000 Yeah, thanks.

01:29:14.000 Yeah, the link, I guess, for the Clips channel doesn't go to the right one.

01:29:17.000 Oh, my God, with this guy.

01:29:19.000 I'm not surprised you're smarter than this.

01:29:20.000 All right, thanks.

01:29:21.000 His bank account says different.

01:29:22.000 Yeah, that's fine, bro.

01:29:23.000 You can say what you want, but I've seen the return, so it's like, okay.

01:29:28.000 All right, cool.

01:29:28.000 Guys, where can I find y'all, man?

01:29:30.000 You can find me at DollCostCrypto, YouTube, Instagram, Twitter, all over.

01:29:34.000 Verified all over worldwide.

01:29:35.000 Same thing.

01:29:36.000 Cultivate crypto everywhere, especially on YouTube.

01:29:40.000 Perfect.

01:29:40.000 Yeah, just make sure it's fixed.

01:29:42.000 Alright, we'll catch you guys back here in about 15-20 minutes.

01:29:46.000 We're going to be back here with Joe McBride.

01:29:47.000 It's going to be a lit episode.

01:29:48.000 Go ahead and make sure to tune in, guys.

01:29:50.000 Save this space right here.

01:29:51.000 We're going to be on all the platforms.

01:29:52.000 Peace!

01:29:53.000 I ran, I ran so far away I just ran, I ran all night and day

Fresh & Fit - September 08, 2023

Crypto Mindset Returns!

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