Crypto markets exhibit unique characteristics including extended sideways/downward movements, extended bottoms, and susceptibility to manipulation tactics like gaslighting, where successful investors convince others to sell their holdings and buy into new coins, often leading to significant losses; investors must understand that crypto does not follow traditional stock market patterns and requires emotional maturity to navigate market cycles and avoid common pitfalls like switching investments during downturns.
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🍫 Everyone Thinks He's WRONGAñadido:
Ahoy there, baby doll. Have you been enjoying the past 5 years of horrible misery? This is the others market cap chart. It's your yummy update time. It's your yummy update time. Check it out here. We are literally grindy grindy along this trend line. I can actually make the chart bigger. It's a massive super massive wedge. This is where we are. And yeah, it really does feel painful, doesn't it? All the time. We've been waiting the whole time. Every single bull market in the whole world happened except down bad. This is where we are right here. So yeah, it is very very painful. Ah here, but have no fear. Hunter Biden is here.
Hunter Biden, friends. So, Joe Biden's son.
Bring him back.
Bring back the malarkey. Joe Biden's son saying fiat is a sham and the banking class is corrupt. I mean, this is just hilarious cuz he's an actual cracky. You know, friends, he this he loves spoony but for for the wrong reasons. You understand? We're using spoony to scoop up the cheap altcoins, okay? This is how he's using spoony. Okay, he's having he's having a good time.
Too much of a good time. The crackhead is bullish on crypto. Feels like our future will be bright, you know. It's obviously mayhem and turmoil out there as we see the capitulations. The US market is even now pricing in two rate hikes. That is a 50 basis point hike.
Okay? Um obviously the big damage, friends, from everything whilst you see all of that is you have the stretch issue. Stretch is MicroStrategy's ponzi.
It pays every month $1 per share you own. So, it costs $93 now. It gives you a dollar a month. It gives you $12 a year. But buyer beware. Be careful because they can toggle the rate at any time. There's no guarantee you even get it. And of course, this thing could literally go to zero. They could literally not honor it.
It's very very risky. You've got to be careful when it comes to these.
And yeah, you can actually see friends he did a huge capitulation week. Oh my gosh. This is wild. Friends, you remember I'm making all the videos. He's calling stretch the iPhone moment of corporate finance.
It just it rubbed me the wrong way, you know, because you just Bro, it's a Ponzi. What do you mean iPhone moment? What do you mean iPhone moment?
This is just what happens man. Friends, this is the greed part, okay, when you have this aura around you because you can do no wrong. He's offside position.
He's literally freaking just crushing everyone out here. Um Something interesting I have for you.
See friends, this is the 2014 cycle. You noticed how it touches. So this is Bitcoin, right? 2014 the Mount Gox Ponzi cycle. Notice how it touched the 200-week moving average three times, okay? On the third time it actually broke a under it. So if Bitcoin did this at the end of the year, you would get your 40K, okay? You would get your 40K, all right? So you notice it's touched it three times there, okay? Now in our one we are now on touch two.
We are on touch two.
There is no golden rule how many times it has to touch or even has to touch at all. But we're on here. So I just want you to remember we are in gay pride month and everybody is getting short for 40K. So there could always be like some sort of scam recovery and then they give us the post nut clarity act in September and then stocks just roll over just because for whatever reason and then we come back again. That could always pop.
That could always happen. That would be like the previous cycle as you get to I actually show it to you there. It could be something like that.
Or it just goes straight down to 30K. I mean, we don't know anything, right?
It's just It's been a lot of pain, that's all.
It's [snorts] been It's been one hell of a cookery.
Shout out to my friend Shimshoney. I think this is how Ivan sees some of his videos.
>> [laughter] >> Well done, sir. This is awesome. Look we have Guru. I'll buy this scam.
Here we have Fogo dancer. Ethereum bottoming out. ETH BTC rally will start here. So he's got around Ethereum out there. So he's got his previous post as well. Viking Be ready for 27K. Shiba is the bottom in yet. So thing is right This is sad part right? Because crypto is a commodity.
This is Okay, we're going to draw this for you again.
>> [snorts] >> Commodity yeah, right? But unfortunately right, when crypto has a bottom, okay?
Our bottoms are like this. Like we Oh yeah, the bottom's in. The bottom's in.
Yay. And then eventually after a long time does that and then boom, okay?
That's why crypto does this. Wee.
Like that that's crypto cycles. Yeah, commodity cycles.
Unfortunately, stocks don't do that, okay? So whilst crypto does this Okay, kind of more like Like [snorts] that, but yeah, okay?
Because crypto is meant to do this over time.
Stocks, okay? They don't do that. They go up and then they have the bang. And then if you go bottom's in, you go yay.
And then you have that chart again, okay? And then it goes up. And then it comes back down. Oh my gosh, the bottom's in. Yay, all right?
So stocks are doing like these.
Okay? That's the stock market chart. You can actually see it even if you go and look at you just pull out say the S&P 500. See?
It's exactly what they look like. Wee.
Wee. Wee. Yeah, crypto doesn't do that.
Unfortunately, if only we did that, that would be great. We don't do that though.
Unfortunately, we just do this sideways downwards garbage trash.
Speaking of trash, you have to be careful friends. See, I can't control the markets. I wanted to go up. That's why like, what I mean to tell you is even if the bottom's in, even if we do go up, crypto, it doesn't just popcorn. Okay?
You don't get the stock market, oh, bottom's in, and then, okay, let's V-reverse. It doesn't It never does that. Never never never does that.
Unfortunately, it's it's Okay, the bottom's in, and then you're like, tick tock tick tock every day, every week, every month, rinsing and washing, and just it's a it's a it's very very painful.
"HODL sucks," they said as they told you to buy Zcash at the top. So, this is why you have to be super careful, friends, because when it comes to these Like I said, we don't know what market what the market does tomorrow. I could tell you something though, okay?
When there is a coin or two or three or four that are up, the people holding the coins, they can make a very compelling case to people who are new to markets.
So, they will tell you they'll gaslight you. They'll say, "Hey, you're stupid, I'm smart. You're holding stuff that's been going down. So, sell it and come buy my stuff. You're going to make free money."
And people actually fall for it. And look at Zcash, friends. Friends, David Sacks Hoffman sold his Ethereum and his CryptoPunk to buy Zcash here, okay? And then it literally drops 60% in just 2 days, okay? So, like, you don't know what coin is going to go up next, but you see, it's hindsight. It's after the things have gone up, people then just drawing in the exit liquidity. You know, you might say you might say it's by design, but it doesn't even It doesn't matter their intentions, good or bad. It does not matter.
"HODL is for losers. Give me your money instead, master trader." Right before the 60% drop. So, I got to highlight that to you, friends. The Zcash up here, every single person, what did they tell you?
They said, "It's a bull trend."
They said the trend is up, you should be long. They said, oh, um, privacy is a narrative you can get behind, it can get behind you. They said, oh, um, Mossad, I've never heard of them. This is not an Israeli psyop coin, of course not. This is a wonderful coin.
60% drop. Just so you be careful, right?
Just so there's no free lunch, okay? If you're going to sell the bottom of stuff to go buy something else, it can drop 60% on you.
Then you've doubled your loss.
You see, so imagine if there are some people that had a $100,000 portfolio at the top, okay? A lot of money. $100,000 portfolio at the top.
And then it went down to 10,000.
Yeah, or maybe they just have 10,000 now in their portfolio.
And so what they've done is they go, oh, huddling sucks, I know what I'm going to do, follow the bull trend, let's go trade.
They go put into Zcash, one example.
People did this, friends. People did They sold their old coins, they went and put into Zcash, and then Zcash See, that old coin they're in, maybe it drops another 10%.
So, you would have $9,000 if you held the original coin.
But because you put that 10,000 into Zcash, you've just taken 60% hit. Now you're down to 4,000. Yeah, and that's one trade, by the way. One trade.
That's one trade, and they always have leverage. They always have leverage. No one ever does that on spot. They're always cranking up the leverage, okay? That's one trade.
Now you're down.
Okay? Whereas everyone may be still holding what they call the turd bag, if you keep DCA buying, okay? You've like removed yourself from this mindset that like you need it desperately to go up tomorrow, cuz that ain't happening anytime soon.
They are not going to show their face publicly because they will say, you should have used a stop and other gaslighting tricks. Yeah. Friends, let's take a perfect example, right? You get 32 kids, all of them want to be the world's number one boxer, And you're the trainer, okay? And then you teach you tell them all the same strategy. Hey, knock the other kid out and don't get hit.
Yeah.
And then cuz it's there's 32 people, right? 31 are going to lose. One person's going to be the winner.
Imagine you went and you you start gaslighting the other 32 kids. I told you don't get hit. I told you. Stop getting hit. Don't get hit. Never get hit.
You see how absurd it is to say that?
Well, that's what the crypto influencers are telling you when they tell you, "Ah, go trade, but make sure you don't lose and make sure you win. And make sure you use a stop and make sure you're perfect and make sure you beat everybody else."
Okay, good.
People eat it up, friends, because of the FOMO, man. That's why, man. They they eat it up because they have a compelling case. That's why I told you it is compelling cuz the coins up. But if you don't have the emotional maturity to deal with that, you're never going to make it, friends.
And look, friends, it is pride month.
So, for all the soy boy bears who are who are celebrating it, you like I I I I would just want you to think about that, okay?
If you see If you see 12 dudes in a park, it's pride month. There's the glitter, there's the rainbows, massage oil.
And they haven't they look like they're having a good time.
Okay? And maybe you're not having the best day.
Maybe you're thinking about how we should have bought potatoes last month or selling may go away or AI stocks. You know how you're not feeling the best, okay?
Do you really want to be guy number 13 with the oil massage in the park with 12 other dudes? Do you really want to be there?
Well, that's what happens when people FOMO.
Cuz they go, "Well, you're having fun.
Let me go join." You know?
You say, "Well, it's not really gay if I if I close my eyes."
It's still you with the horsey, okay?
So, we're still dealing with this trash.
It's being garbage. Um There are institutions selling out.
They're going to buy the top of AI stocks. I think everyone's just going to get mugged.
>> [laughter] >> Remember, there's only one pattern in crypto that's worked.
Sell every 4 years. Okay? Sell Bitcoin every 4 years.
We'll see what happens this time. Like, subscribe, catch you in the next one.
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