Successful crypto investing requires buying high-conviction utility coins during market fear and uncertainty, rather than following crowd sentiment or waiting for specific market cycles; investors should buy when others are fearful and sell when everyone is greedy, focusing on strong projects with real utility rather than speculative meme coins.
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Deep Dive
YOUR LAST CHANCE AT GENERATIONAL WEALTH BEGINS IN 72 HOURSAdded:
In the next 72 hours, I believe we're going to see a lot of tears right across crypto. The only question is, will it be happy tears or sad tears?
All right, everyone. We have a lot to discuss in today's video because this week could determine how the rest of the year plays out. And if you're not careful, you could either miss the boat completely or you could get completely wiped out in your portfolio. So, this is a video you do not want to miss. That is for sure because I'm going to tell you guys exactly what I'm doing, what coins I'm looking at because, guys, man, there are some coins in this market that Anyways, I'm going to get into the coins a little bit later on in this video.
But, guys, you need to remember that nothing here is financial advice.
At the end of the day, I could always be wrong, so make sure you guys do your own research. Now, real quick, before I get into the video, for anyone looking to earn on crypto with liquidity pools and managed staking, check out my link to Fortis X. It's going to be in the description down below for anyone that's interested. Also, you're going to find a link to my Discord so you can know what I'm buying, what I'm selling. It's me and other crypto YouTubers over there.
So, you get daily technical analysis, you get up-to-date information with the market. Just a great place to hang out.
The link to the crypto school is going to be in my description down below for anyone that's interested as well. All right, getting straight into things. If we kick things off by taking a look at the Fear & Greed Index, we can see that we still slowly continue to climb. This thing is back into neutral.
This thing is sitting at a 48 neutral.
It's going to be updated in just under 9 hours from now. But, honestly, we are at the beginning of something potentially massive in this space. What's very funny and interesting though is I notice a lot of people is still going around saying this is a trap. This rally that we have experienced is a trap and we're going to pull back completely.
You know the ones that are fearful of this market, the ones that didn't buy the lows.
I'd be fearful, too. You know, if I'm stuck on the sidelines, I'm going to be like, "Well, this is definitely a trap.
I'm going to continue to be fearful of this market because I want it to be a trap. Deep down, I want it to be a trap so that I get another opportunity to buy into this market."
Those people on the sidelines might get that opportunity in 72 hours. You never know. But, I can almost guarantee you guys, if that opportunity presents itself again, they're going to remain on the sidelines because they are just overall terrified of crypto. Crypto is not for everybody, right? But, if you do want to make life-changing returns, you can't have scared money. I tell you guys this all the time, all right? Now, this is what's about to happen, okay? So, Senate Banking Community Committee schedules Crypto Clarity Act vote for May 14th at 10:30 a.m. Eastern. So, we all need to pay attention to 10:30 a.m.
on May 14th because this is going to let us know which direction the market is going. Okay, if everything goes according to plan, then we could pump, but also we could dump. But, but if we do dump, what I expect to happen is a nice V-shape recovery. When you take a look here at the Bitcoin chart, which is sitting at 80,000, pretty much 80,900, we can clearly see that Bitcoin recently did a double top or on 82,500.
Okay, there is definitely a scenario where we could come down and retest this trend line here of the top of the bear flag. If that does end up happening, a lot of investors will probably go, "Well, this is it. We're about to crash." And then, I think we're going to bounce off of this line right here, off of the bear flag, and then we're going to continue up. Now, there's also a scenario where we could go slightly below this line, right? Come inside of the bear flag, and then start to go all the way back up again.
You guys need to understand that Bitcoin and crypto has already crashed. And if you did not take advantage of the lows when Bitcoin was sitting at $59,000, that was a massive mistake. A massive mistake. Stop following the crowd. Stop thinking about the four-year cycle. Stop saying that, "Oh, we shouldn't actually pump until October." All of that stuff is in the past. You got to look to the future. You have to understand big institutions, big money is here.
And yes, there's manipulation in this market. There's no going around manipulation in crypto. There's no going around manipulation in the stock market.
The big money will always try to manipulate the little guys, no matter what. And this is why it's your job to try to buy as low as possible. Okay, you see that altcoins have crashed 80 to 90% and you're still waiting for what exactly?
That's not how you play the game. You have to play the game with them. They want to crash the altcoins 80 to 90%.
You say, "Okay, that's cool. I'll buy when these things are down 80 to 90% so I can ride the next leg up."
Right? Eventually, there has to be a bounce. Nothing goes down forever in a straight line. Now, obviously, certain meme coins, most meme coins, yes, they could crash to zero. But we're talking about actually like actual utility coins, these strong projects are not just going to continue to crash down to zero, guys.
Right? And this is why I say stick to high conviction coins.
It makes all the difference in the world. Holding something that you don't believe in is a nightmare because you're going to find yourself like questioning yourself all the time. Like, should I sell? Should I buy more? Should I like You don't want to be doing that.
Put yourself together, have a plan, have a strategy, and just execute it. It's that simple. Now, I talk about signs in the crypto market all the time, right? I want you guys to take this in. Now, some of you is going to probably laugh and be like, well, you think this is a sign because this meme coin right here, Troll, has been going parabolic. If you guys watched my video yesterday, I think it was in that video sitting somewhere near a $120 million market cap. Right now, it's at $138 million market cap.
When you think back to last cycle how Pepe was exploding and then we saw like Bitcoin and then everything else basically followed, right? I strongly believe that this meme coin is indicating that people are starting to really believe in crypto again. That's what I personally believe, and I think that Troll is going to potentially just troll the market, enter a billion-dollar market cap, and people's just going to like lose their minds and all that sorts of stuff, right? I do think that Troll is a Pepe of this current cycle. But anyways, enough about meme coins. Let's get into utility coins that I strongly believe investors need to really, really look at. Ondo being the first one here, sitting at 43 cents. If you guys have been watching my videos all year long, I've been talking about Ondo and RWA season coming up, and I've been talking about the vote that's going to bring utility to Ondo and the project, you know, the TVL, which continues to climb, and there's a lot happening here.
I decided to place my bet, and that bet has been great to me. As you can see, Ondo went parabolic, okay? Ondo went all the way up to 48 cents before pulling back down to 40 cents. Actually, I think it came slightly below 40 cents. And right now, it's sitting at 43 cents. I do think that this potentially could have been the bottom for the recent pullback on Ondo around 40 cents, okay?
So, if you're looking for a very solid RWA play, and I still believe that we haven't seen a real RWA season yet. Guys, do not ignore the signs.
Stock market going on chain. How are we going to ignore that RWA season is just around the corner? And you need to have some leader in your portfolio. And Ondo being I could be incorrect here, but I think it's around a $2 billion market cap. The potential for massive returns, at least a 10x on your investment, is definitely on the table here, guys.
1,000%. I want you guys to take this in right here. So, Ondo brings tokenized US stocks to Hyperliquid's HyperEVM.
We are literally just getting started for Ondo, for the RWA season. For Perp Dex, which Hyperliquid is obviously going to be the next one that I talk about because I keep telling you guys good market conditions, bad market conditions, perps will always be around.
People are greedy and they will never stop. Right? Pay attention to what people are interested in. That's how you make the most amount of money in crypto.
Ondo being Yeah, [snorts] it's it's a got it's about to get quite interesting, to say the least. Now, I'm not saying that anyone should necessarily go out and just buy up crypto as of this moment because we don't know what's about to happen with the Clarity Act. And if we do pull back, then you want to make sure that you buy off of support. Now, if we do get some good news on Thursday and then the markets rally, eventually it's going to pull back again. So, you look to buy off of support level. That's what you do.
You don't want to be quick to buy anything, and you also don't want to be quick to dump something in anticipation for a potential dump in the market. You don't want to overreact on anything. And this is why it's good to buy low.
It's good to buy when you saw Bitcoin sitting at $59,000.
Right? I kept telling you guys, I'm buying I'm buying this, I'm buying this, I'm buying this. And if you did as well, I don't know. You wouldn't be afraid of Thursday. You wouldn't actually care whether, you know, we get good news on Thursday or bad news because you bought low enough to the point where you were able to take profits, take your initial out if you wanted to, and if the markets pull back, you put that money back in.
You ride the next wave up. That's how you play this market. Buy low, sell the high. It's actually that simple. Right?
But yeah.
The next coin here is Hyperliquid. You can see multiple bullish momentums right across the board here. Going all the way back to When was this? Like the end of January. Right now, Hyperliquid is kind of trading sideways. You know, it already did more than a 2X. So, it's just chilling while people look for other cheaper altcoins in the space. So, yeah, I don't expect this one to explode overnight or anything like that, but it's still a great crypto to have in your portfolio. And once you understand everything that's going on with Hyperliquid, the buybacks, and everything, right? Then you realize how strong of a project and how obvious a project like Hyperliquid really is. Now, the market cap, I think it's probably somewhere around 9 billion, maybe. I have to double-check that. Right? So, investors are probably looking at that like how much can I really get on my investment? But something that I tell you guys all the time, if you had the opportunity to get something like Solana at a $9 market cap, if you could go back in time, would you? The answer is probably yes. Now, to be perfectly honest, if the market dumped and Solana was to reach back to a $9 market cap, people's going to say they want nothing to do with it. Just like what we saw just a few years ago.
All right? You just got to change that mentality.
Buy when everybody else is fearful.
Warren Buffett. Right? One of the greatest investors of all time. People look at him and say, "Well, he's outdated. He's like 90-plus years old.
He doesn't know how to invest anymore." But the same principles apply despite what market you're in, right? Crypto, stocks, like ultimately, you're going to have to buy the fear. Okay, but yes, hyper liquid, Ondo, two obvious plays. Sui, one that I started talking about a couple days ago and then it went up like over 30% the very next day. Definitely want to pay attention to. You need a strong L1 in your crypto portfolio.
Sui's definitely one of them. And then we got ZBCN and then if you're looking for something real long term, then you got to look at something like Caspa, right? But ultimately, it comes down to buy your high conviction coins when everybody wants to just dump it. When everybody is terrified. When everybody says it's over for crypto. When everybody says Bitcoin's going to $30,000, that's when you want to buy. Once you learn to change your mentality and you stop being afraid of crypto, that's when you're going to see those life-changing returns. Until then, until then, you're probably [snorts] just going to always panic sell. You're probably going to always remain on the sidelines.
You're probably going to say every single pump in the in the market is a trap. We need to change the way that we think. Stop being afraid of the market.
That's what I recommend. Obviously, at the end of the day, you guys can do whatever you want to do because it's your portfolio, not mine. But yes, Thursday, we're going to get some news on the Clarity Act and we're going to see what the market does. Me, personally, I'm not buying anything right now. I'm also not selling anything right now, but I do still have cash on the side because I don't like to run out of cash. I like to look for opportunities. I'm still searching. I'm still paying attention.
See if I can find any gems in this market, but as of right now, I haven't seen any gems. So, I'm just going to chill, lean back, put my feet up, and see what happens Thursday. All right?
I'm not going to panic sell and I'm not going to panic buy unless the market takes a dump. But that's all I have for you guys. I hope you enjoyed today's video. If you did, don't forget to hit the like and subscribe button. Check out a few of the links down below and until next time, take care.
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