Thursday Night Livestream - Crypto Altseason, Grayscale, and More

[00:00:03]All right.

[00:00:08]Well, we are just um waiting for things to get connected here, folks. So, um just give me a m moment to get started.

[00:00:16]This is an unannounced live stream. I figured it's been a long time since I did a live. Um and so, I would just open it up to the community for questions, comments, all that kind of stuff. It's kind of fun um to get community feedback. If anybody's paying attention, maybe everybody is just enjoying their summer, which is what you should be doing instead of watching videos on this stuff. I'm kind of hoping that uh Grayscale does not take off. We do not enter alt season until summer's over because I want to enjoy my summer not worrying about anything, just being able to enjoy it with friends and family, my son, and um not having to sell off shares. So, that's kind of what I'm thinking. But anyway, I figured I would come on I would just talk about uh different things related to uh Grayscale alt season as a kind of a bigger topic because alt season is going to drive this in. That's what we're waiting on.

[00:01:10]Uh and it's been it's been a long wait for a lot of us. I mean uh if you started watching my channel and started buying into Grayscale when I first started doing videos, you've been holding shares for three years. And I've been I it feels like forever since the last bull run that started in 2020. Um I haven't bought any Grayscale in quite a while and and thankfully everything that I own, all my shares are now subject to long-term capital gains rates which are nice. Um so that's a positive. But it the question comes I is probably in everybody's mind is when are things going to kick off? like when will our waiting pay off? When are things going to actually start to run? And you know, nobody knows for sure. I just want to talk about some of the things that are out there um that people are saying and give you my opinion on it and just show you some stuff. Right now, we're looking at the price chart of Zcash over the past year. Zcash is one of the cryptos that I initially thought was going to to to launch after Litecoin and Bitcoin Cash because I I just figured it would come later um like it did last cycle, but that's not the case this time around. Uh it would seem and it's it's been doing its run. Now, anybody who's been in Zcash, you've probably been pretty happy. Anybody that's in the Grayscale ZCSH trust, you've probably been pretty happy as well. I had some shares in there. I wasn't planning actually and putting much in until uh you know I maybe sold off some LTC and BCHG, but I had some in there and uh so I was like, "Okay, well I I ended up selling it off." At this point, I've exited uh my position in ZCSH. I know it potentially could go significantly higher. For those that are in Zcash, the native cryptocurrency, or you're in the ZCSH Grayscale fund, um I've seen different people give price predictions for Zcash in terms of this cycle, any topping out anywhere between $1,000 and $1,500.

[00:03:17]Whether that's opium or not, I don't know. I mean, we might never see those kind of things. I kind of feel like when people throw out like projections, I usually in my mind I usually take half of what they say or even 25% of what they say is maybe a reasonable because nobody knows for sure. But a lot of the people that I I looked at when when I was researching Zcash, uh this is quite a while back, like two years ago, they they had been in the community a long time. They knew a lot about uh what it was used for, uh its use cases, uh all that kind of stuff. So, there's potential Zcash could go up to $1,000 or more. But I I looked at it and I was like, well, you know, I got in at a pretty good price. I was happy with the return that I got out of my uh Zcash investments through Grayscale. And I was like, I'm just going to take my my uh my wins and leave. And so, so I'm happy. I will be sad if I see this thing absolutely moon to a thousand or more.

[00:04:15]But that's a risk you take in any kind of investing. You never know what's going to work. Um, you never know what's going to happen. Hey Kevin, how you doing? Oh, greetings from Florida. Nice.

[00:04:26]I'm in the Midwest right now, but Florida, uh, is a beautiful state for sure. So, uh, I want to talk a little bit about the altcoin season and give you some of my thoughts about it. Some things that have alarmed me, uh, frankly, are one, why we're so delayed.

[00:04:44]And it, you know, some people are saying that the four-year cycle is still in play. I don't believe so because we would have already seen action if the four-year cycle was really still truly a four-year cycle. I don't think that's the the case anymore. Um, so the one thing that I look at, I want to show you these uh the prices of some of the indicators that I'm looking at and we're going to take a look at um Micro Strategy and we're going to take a look at Coinbase and I'm just going to tell you what I think about these things. So here we see a chart of Micro Strategy of the Price, right? it it would seem like Micro Strategy has seen its better days, right?

[00:05:30]My concern is if we see it get back down here in the valley that that we kind of hit for a bare market low for Micro Strategy in 2023.

[00:05:40]If we get anywhere near here or we start to form uh a plateau essentially that looks like maybe a higher valley, then I would be concerned that the alt season is over and we're not having alt altcoin season. We're going to be delayed for a while, which is going to be extremely disappointing. But this is one thing I'm looking at. It's like a bigger um it's a bigger thing because because this th this it shouldn't be it shouldn't be this way. Um so let's take a look at Coinbase and this is another Coinbase is Micro Strategy is closely related to Bitcoin. Coinbase um you know it's it it's not just Bitcoin, it's crypto in general, right? So altcoin season. So if we if we look so we don't have the we don't have a full price chart of Coinbase that was present when the altcoin season kicked off and when and and prior to that even when Bitcoin took off the last cycle because it shares didn't go public until April of 2021 at least that's what we have pricing data for. So um but if you look that you know what happened we formed a valley in in the price right during the bare market again 2023 was kind of the bare market low for Coinbase just like it was for Micro Strategy and and we've had a you know a run up for Coinbase but now we're coming back down. So the question that I have is what's going to happen with Coinbase?

[00:07:09]um are we going to enter a bare market valley like we had back in 2023 or is it going to take off when altcoins take off? You know, maybe this is just like a um a temporary thing. So, those are two things that I'm looking at, two stocks that I'm looking at, Coinbase and Micro Strategy to kind of give me an idea of an indicator of alt season because people there are lots of people on YouTube talking about alt season. Is it delayed? Is it dead? When's it going to start? All that kind of stuff. And nobody is a crystal ball. Everybody gives their opinion. There are different opinions. There are some people saying that altcoins are dead. I don't believe that thesis at all. Uh their thesis is basically Bitcoin is the only thing that's left. All the money is basically either going into Bitcoin into the ETFs or into AI or SpaceX. You know, they there's something, right? But AI is a huge narrative. Um, so but that that's one one camp right there, right? Then another camp says, "Well, we're still going to have alt season. It's going to be bigger and and better than ever." Um, you know, with the different indicators that are out there that they cover. And people are some people are saying, well, you know, if you take a look at the copper and gold, um, the ratios, they're indicating basically alt season is coming close or like the the the business cycle. the business cycle making a turn for the better is going to be an indication that the altcoin season is going to start for the bulk of all altcoins. There always exceptions like Zcash and a few others that go on their runs early. Um but at least the good thing like when when I see things like Zcash is like well the altcoin market isn't dead like it does do things it is working it's just delayed and and the reason for the delays I mean who knows who knows why things are delayed. Uh it's a you know there's a lot of money in the crypto markets. There's a lot a lot of money there and um but there's a lot of money everywhere and obviously over the past couple years the narrative ha has switched to AI a lot of it.

[00:09:17]There's huge hype around companies like Nvidia what they're doing. Uh will that take capital away from the crypto market? Possibly. Um, you know, some people are saying that a lot of retail investors got burned uh badly, like the last cryptobull run, like they bought high and sold low, right? So, they they don't want to get burned again, so they're not they're not putting money in. Potentially, that's it. Um, I I don't I don't see I don't know that that's necessarily the case. I believe we're going to have an alt season. I just don't know when. I would hope it's this year. I'm hoping it happens after summer. So, like I said, I can enjoy my summer and not be selling off shares. Um, but uh but we'll see when it does come.

[00:10:04]Um, what else do I want to talk about? Um, Coinbase, Micro Strategy, Zcash, I wanted to talk about. Um, we could take a look at I mean a lot of people are you guys have probably if you're if you're on YouTube you're watching different things you've seen videos from people about alt season you know and different views on it. I love when I see uh titles and thumbnails that say say something like this is the exact date all season starts and it's like I I I can save you some time. You don't need to watch the video. It starts the day it starts because nobody knows nobody knows when.

[00:10:42]Nobody knows why. I'm sure nobody knew why like Zcash started to run and do its thing. Um, you know, pe people just don't know, but we're going to find out.

[00:10:53]Um, do you guys would you like me to talk about anything? We don't have a ton of viewers on this on this stream. Um, but if you guys have a question, you want me to cover something, you want me to look at something, um, let me know.

[00:11:06]Take a look. Uh, let's take a look at where where we're sitting right now. I I I like to um I like to look at the the uh the long term because I it gives me hope for LTCN for example like this is where we are right now and this is where we got to last cycle and if we had something even close to last cycle I would be very happy. I would be very happy indeed. Oh, I was going to talk about rotation a little bit too.

[00:11:35]Let's just take a look BCHG.

[00:11:38]So again, it's like we're we're nowhere near where we were uh back here. So it would be nice to get back there. So let's hope we do get back there and hopefully even we can do better than that. Uh it all depends on two things again that the comprise of prices in Grayscale are the the price of the underlying token uh Litecoin or Bitcoin Cash and then the premiums it get put on top. And those are two very big questions that we all have because even if for example, you know, somebody on X was being very bullish on the price of potential price of Litecoin. And I posted this in the cryptocurrency channel on Discord just just a while ago and they said, look, the uh essentially the price the price of Litecoin should be close to the demand price should be close to $12,000 or it should be coming to that soon. And um that would be amazing. So that's like but we don't know that that's going to be the price, right? Or that could be the price or it's always going to be the price or how long it could be the price if it you know how long that price would last in the bull run. But um you know but that's it. That's one indicator. We have to have a really good price for the underlying crypto. The other is the premium price and that's going to be driven by I think investor demand. I think it's going to be, you know, I I in demand it it comes in two forms. One is what are you and I and other holders willing to sell our shares for? Uh if we're we're not willing to let them go cheap if we demand um you know, we set a limit price and we're like we want this price for it, that's going to help, I think, uh keep the premiums higher. And the other is what somebody feels somebody who's coming in wanting to buy shares, you know, how desperate are they to get shares, what are they willing to pay for one share of LTC or BCHG. So those two big questions that that we're going to we're going to find out sooner or later uh when when these things start. Those are two big questions. So we don't know. We had some very high premiums on the trust last cycle. um 20x plus premiums for I think LTCN and I think BCHG got up there somewhere close, but they were pretty high. That's a really high premium. That's a really high premium. So, um it depends. It depends what what these things do. I'm really hoping that the underlying cryptos Litecoin and Bitcoin Cash do very well and exceed expectations of many people in in the crypto market. Um because that's going to help us immensely. Immensely. Um so is anybody is anybody that's watching, we don't have too many people joining the stream right now, but were any of you guys in the ZCSH trust, the Zcash trust? If so, let me know. Um and were you happy, you know, with your return if you already cashed out or are you waiting on a bigger price or what are you doing? Um, I was able to, uh, one thing I'll talk about rotation in a second, but one of the things that I hadn't done is that I I did this time after I sold my ZCSH, I was able to um, I sold or I paid uh, made an IRS tax payment and made a payment, a tax payment to my state directly through my brokerage through Fidelity. So, it was really nice. If if you are not aware of that, you can make tax payments. It's super easy when you're looking at your accounts. You can just there's an option where you can click it'll show you routing numbers.

[00:15:21]So, you essentially use those at just like you would a check check checking account. You got a routing number and your checking account number. Uh Fidelity has those and I think Schwab does too and I'm sure the other brokers do that. So, if you guys need to do that or want to do that, that's an option for you. So, I tested that for the first time myself this week and um it worked well. So, I was pretty happy with that.

[00:15:42]With regards to rotation, I've talked about rotation in the past. I honestly don't think I'm going to do rotation. I was looking at the truss. I just think they're too small. Um I might do some in my Roth. Uh it depends on the timing. I will try to um I'm gonna try to capitalize on a time difference between LTC and a BCHG launching. And I've talked about this before, but it's it's it's much easier for a native crypto or a Grayscale trust to do a 5x than it is to do a 50x. So, for example, if at launch LTCN, let's say LTCN goes first and I'm able to get like a 5x out of there in my Roth, I might cash out of most of my LTCN in my Roth and put it into BCHG because if BCHG can do a five or 10x or whatever, well, I've already multiplied that by another five that I got from that initial LTC bump. I'll I'll probably do that in my Roth where I don't have a whole lot of uh investments. But and likewise, hey, Stock Vision Hub, likewise, if BCHG pumps first and I've got some time, I might do the same thing. Uh cash out of BCHG uh and go into LTCN. Mind you, like in my in in my Roth, there's not there's not very much. I was I think there's like uh there's like $20,000 total between a couple different trusts. So So if one, you know, if if I have like $5,000 of LTCN does a 5x and BCHG isn't pumped yet, I'm going to take the 25 grand and put it over to BCHG uh and and see what I can do and and maybe kind of play with things a little bit there. But that's what I'll probably do with my Roth. Um, so I think those are the things I want to talk about. So alt season, what do you what do you guys think about alt season? Are you like are you getting frustrated like everybody in the crypto space? I mean, gez, it's been uh if you started start if you found out about the trust and started investing three years ago, that's a hell of a long time to hold on through the ups and downs and the the u you know, we look at the the Grayscale Trust here. It's like we we had a nice little runup um at the beginning of 2024 and I think you all remember that we had the same thing in LTCN. So let's just take a look at what that looked like. LTCN it was right here, right? So, more noticeable in um BCHG just because of the the what it did the previous cycle here, but got up to what 43 bucks for a high and it's sitting at at at three. So, we've lost like 85 90% of what it was. So, the question that that some people might ask and justifiably so is was this the alt season for us? for us. I don't think it was, but you could easily you could easily say, but anybody that was in and you know, I remember a lot of people we were very excited on Discord and YouTube like when this happened and a lot of people uh FOMOed in here and I I was this is around the time I stopped buying shares, but I remember buying some shares as this thing was starting to climb and that's where where I ended my investments. But those shares, like I'm down on those shares that I bought significantly because we are we're in the gutter right now. You know, it's it's uh we're we're pretty cheap. We're almost, you know, the cheapest bare market of price BCHG 2023 240 220 210 210 you know, we're not we're still we're still there. uh for LTCN.

[00:19:40]But yeah, this is a really nice run up right here. But this is where I think um a lot of people like they they got burned. I heard from, you know, one or two people. I think they were going in right here as things were getting looking like they were getting really exciting. This looks pretty Yeah.

[00:19:59]parabolic here, right? Um and they bought here.

[00:20:04]Let's say they paid 10 bucks plus and now it's in a, you know, less than buck 50. So, they're not very happy if they've held, you know, until this point. Um, lowest price for BCHG in 2023, 37.

[00:20:24]Yeah. So, we're we're still above that, but it doesn't it it, you know, it doesn't make any of us happy that we're sitting here waiting on our shares. Uh, but like I said, the biggest like my my my decision on Gayscale won't change until and I I got to tell you, I might sell Grayscale if if I get to a point where I believe we've missed alt season and I want to share sell my shares before we truly hit the gutter. Um, if I see that Coinbase and Micro Strategy fall into the gutter that they were back in 2023, cuz this is an indication to me of the strength of alt season, because the fact that that Coinbase still hasn't fallen off the cliff here is an indication to me that stockholders of Coinbase still believe that alt season is coming, right? And if it does come, and I hope it does, then Coinbase stock should recover. I don't know if Micro Strategy will because Micro Strategy is really it's going to be dependent largely on the price action of Bitcoin, but even then it's not it's not it's it's a derivative, right? So the this the price chart of Micro Strategy does not equate to the price chart of Bitcoin. It doesn't. But it but it's a it's uh essentially it's an indication of traditional stock investors viewpoint of what Bitcoin might do. I think that's I guess how I'd sum it up because people don't invest in micro strategy because what actually they're not micro strategy they rebranded and they're just called strategy now. I'll probably always call them micro strategy but I don't even know what they do. They're like a software company. Nobody really cares what they do. The the biggest reason people are interested in investing in them is because of all the Bitcoin that they have in their balance sheet. And that's why Stock Vision Hub says uh he thinks alt season starts in August. I hope it does. It could. I've seen a couple people on X and YouTube say that they believe uh Q4 of this year uh maybe even into Q3. So, we could see an all season start, which would be awesome if we do. I I I would love to see that. It would be a great Christmas gift for all of us if we could, you know, um have some really nice returns in these in these trusts. And everybody is holding on to altcoins, which I I know a number of you are, not not everybody is, but you uh anybody who's an altcoin holder, native crypto holder, you're lucky, you're going to be happy. I'm wait I've got a a portfolio of native crypto that I'm just looking at. I'm going when is this stuff going to start launching? I'm I'm excited about it because I plan on doing rotation uh heavily probably in my native crypto portfolio. Like I would love Stellar Lumens to pump uh prior to Sheibba and prior to Quant and prior to you know as long as things don't launch on the same day or at the same time uh I'll be thrilled because I can take the profits uh after taxex profits from one investment and move it to other investments that haven't taken off yet.

[00:23:46]That's my strategy in my native crypto portfolio this cycle. So yeah. So hopefully hopefully if it happens in August that would be amazing.

[00:23:58]I I would love that. If not hopefully at least Q3 of this year. And I don't know like this this alt season it's throwing me off for sure. It's like I was expecting that we would launch in the fall of 2024. So if we launch this fall, we're two years past that. Um, so a lot of things come to question in my head like how long would alt season last? Like if you look at last cycle, uh, let's just take a look at um, let's go to coin market cap. Let's get over here.

[00:24:38]So if we had um, let's do look at something different.

[00:24:47]um ship Shiva. So let's take a see what it did. So um 2024 so LA you know the previous cycle for Sheibba kind of kicked off in September of 21. It was a late runner that cycle and it lasted for what is that 101 7 months or so? Um so the question like I have is like will will the duration of bull runs for individual cryptos be longer than they were? Will they be shorter? Maybe it'll be shorter and more pronounced like greater returns than than last uh last cycle or longer and and more muted. I don't know. Or maybe it'll be the same. And every crypto is different, right? Every crypto had a different um run. Let me just look at Doge.

[00:25:54]So Doge started in March of 2021. This is what I'm talking about where like if you have a native crypto portfolio like I've got Sheibba and Doge. Um I've got a bigger bag of Sheibba than I do Doge, but I have both. So whichever one moons first, I'm going to take the the profits from one and dump it into the other. The thing that hasn't gone yet. So this one ran from essentially April 1st.

[00:26:21]You had almost a a year.

[00:26:24]Well, hold on a second. we had um April 21.

[00:26:29]Yeah. a year and then so I mean we could say that shea already that this was its run right here this cycle we could say that I don't feel like that's true but we could say that um I feel like a lot of lot of cryptos like this is like it's warming up for the actual run but it I mean it could have been one of the bit one of the cryptos I'm in is quant and this thing um I was lucky I found it I found it back here like I was buying it um probably in March of 2020 for like two bucks a little over two bucks um but it it had a really nice run and the nice thing about quant is it didn't it didn't crater 90% I mean it's it's actually held held up fairly well during the bare market.

[00:27:30]So, I'm interested to see where this thing goes. I see a lot of price predictions for this, but this is another thing I'm watching too that I have a pretty big bag in just because what it's used for and um I guess why it would be useful to people. I think that's one of the big things you got to look at when you're investing in native crypto unless you're just like going for the complete coins and the memes.

[00:27:51]That also works sometimes, too, but not always. So, uh, let me just take a look at BCH. Let's see what Bitcoin Cash did, uh, last cycle.

[00:28:05]So, this is in 2017 from essentially November 1st.

[00:28:16]So, you had about seven months or so for Bitcoin Cash in the 2017 cycle.

[00:28:23]January So you had about 10 months 10 months or so for the Bitcoin Cash um run.

[00:28:34]Yeah. So So there we are. So Bitcoin Cash, you can look at this. It's like it it looks like we've, you know, taken a pretty a steep hit. Like that's that's pretty makes you want to kind of throw up a little bit. But it wasn't that long ago that Bitcoin Cash was a hundred bucks or so. I remember I was doing a video um on it and it was it just around 100 bucks or something. I was like I was doing videos in Bitcoin Cash like it hit 150 or 200 bucks. Um so we're going to see we're going to see how things go. Um hopefully Stock Vision Hub is correct and alt season starts in August. That would be awesome. It would be a great blessing to all of us. If not, maybe Q4 this year. Um, like I said, the only thing that would make me change my mind about Grayscale and and get rid of it is if the indicators from Coinbase and Micro Strategy tell me that alt season is over, as in it didn't happen for a lot of altcoins. Um, I would I would be, you know, those would be my alarm bells that would be gone off and then I'd probably go into Coinbase and Micro Strategy because it's go go into them. That was my plan. It's like go into them in the bare market uh get the returns of Coinbase and Micro Strategy before going into Grayscale, which is what I should have done this cycle. And we'll try to be smarter next cycle. If next cycle looks anything like it does this cycle or the previous one, I don't know. We're going to find out.

[00:30:11]This is a this is a long cycle to me.

[00:30:13]This is People say the four-ear cycle is still valid. I don't think so. I think it's BS. Um, you know, it's, yeah, maybe four years is when Bitcoin started to kick off, but it like more people care about alt season than they do Bitcoin because you just can make more money generally speaking in altcoins than Bitcoin.

[00:30:37]Bitcoin is very popular. It's got, you know, when Bitcoin hits a thou $100,000, it's big news. But it's like, well, if it if if that's a 4x from where it was sitting, it's a 4x, which is amazing, but you can do a lot better generally in in good quality alts that do that do well. So, so I don't know. So, but Bitcoin gets, you know, so I we're we're at a six-year point. If it happens this fall, it'll be six years essentially from the last alt season because it was uh Litecoin and Bitcoin Cash started to do their things like October, November, and then like 90% of the alts like started running like January 1st. It was right around there. They just started taking off the vast bulk of them. So, we're I mean, we're talking like a six-year cycle, which is a long time. I mean it's longer than it was, you know, because in the previous cycle because we had a run in 2017, you know, so we're going to find out.

[00:31:36]Anyway, that's all I got for you guys.

[00:31:38]Hope you guys are doing well. I still have faith in an alt season. I believe it will come. I'm not one of the doubters. I'm just like I'm not going to be one of those people that's going to be like it is absolutely going to come.

[00:31:50]I'm just I'm I'm paying attention to probably a lot of the same people that you are. I'm watching a lot of videos and um you know the videos where I I watch people and they talk about what a crypto could do, you know, in the coming month or three months. I take that with a huge grain of salt because most cryptos aren't going to pump until altcoin season starts and nobody knows when that is. You know, this market has been fooling a lot of people like that do TA and do predictions and stuff. I mean, I can go back and find predictions for a bunch of different cryptos going back like two, three years and people saying it's going to start pumping it, you know, in Q3 or Q4 of 2024, then it's then it was 2025, you know, and now it's 2026. I don't know. So, I take that with a huge grain of salt when I see that. I just look at I take more confidence in the videos where I see them talking about bigger indicators of the alt cycle se alt season cycle.

[00:32:48]uh for example, the gold and silver ratios and the business cycle. And I I guess I put more faith and confidence in that because I don't know what else to put faith and confidence in because I don't feel like um some of the things that we used to believe in or used to think we knew um are necessarily true about when things are going to kick off. That's just the way it is. So, you just have to adapt as as things adapt. And honestly, like I was talking to somebody the other week about um excuse me about um uh AI. AI and quantum computing actually and I said AI is going to wipe out probably a lot of jobs in the next 10 years. And quantum computing is probably going to wipe out a lot of crypto in the next 10 years honestly because quantum computing will probably be able to break the cryptography that and the math that basically secures crypto and if that happens with quantum computing then the value of cryptocurrency will basically go to zero. So we have a limited time.

[00:33:55]I'm hoping we get, you know, after the cycle at least one more cycle, you know, before everything potentially goes to But that's kind of what I see with quantum computing just being a threat to to uh cryptocurrency in general. I think that's, you know, I think that's a real risk. Um, so don't don't I guess don't not appreciate the opportunities that we still have while we have them because we might not always have them and your kids or grandkids might not have the equivalent to cryptocurrency because AI and quantum computing just took it away and there might not be anything like this to build generational wealth basically which is what you can do I think with crypto.

[00:34:37]It's just it's amazing. I don't there's nothing else like crypto. It's frustrating as it can be to be in crypto.

[00:34:44]Like um it it is to me it's far superior than anything else. I mean other than other than investing in something like early on like Nvidia early on before people saw its value and and getting a huge return there there's nothing like it because the other thing in crypto is not all cryptos launch at the same time which means you have an opportunity to take profits from one thing put it into something else. So, for example, my Zcash profits. So, I can take some or all the profits from my Zcash and put it into another crypto, another asset, another Grayscale Trust or a native crypto or something else that I think can go up in value. But since we have the crypto market and there are many cryptos that you can invest in that I think are good that aren't too risky um you know that provides you with a huge opportunity to have just incredible returns because if you can get a 5x here and a 5x there and a 5x there you got three 5xs that's a 125x return. That's that's crazy. And a 5x return is not that difficult to get in a lot of solid cryptos. So if you can bounce around between three of them that have offset timing, that's 125x return. That's insane. So anyway, hope you guys are doing well and uh I'm hoping the crypto gods smile at us soon. One of the things that um that I did find comforting and I would agree with in some of the comments I see in different YouTube videos that I watch are when it's it's when everybody that was bullish, they were into crypto believed in it and they start to say this is It's not going anywhere.

[00:36:36]It's not going to do anything. Alt season isn't going to happen. It's all going to zero. Bitcoin is the only thing that's available or this thing keeps going down so I'm out. nobody cares.

[00:36:47]This this project, this crypto, this whatever is That's usually when you reach like the required level of uh disbelief in crypto that things take off and then people are like, "Oh they sold their crypto, their native crypto or their their grayscale or whatever right before launch." Because that's it's almost like that's what it takes is nobody believes in it. And then when nobody believes in it or or people are starting to really doubt it, that's when the whales come in and buy up a bunch at very discounted prices and and uh that's what helps to drive the price up. And then they're like, "Oh shit." And the whales don't need to drive the price up all the way up. They just need to start driving it up. That creates that panic, that panic/ excitement that starts the price upward. And that's how things start. At least that's how I see it. So anyway, I hope you guys are doing well.

[00:37:47]Enjoy your summer. I'm kind of hoping, like I said, Grayscale in crypto doesn't take off the summer too much. I can handle Zcash CSH. Um, but it uh I I would prefer not to have Grayscale and the whole alt season uh kick off this summer because I want to enjoy it, man.

[00:38:06]August sounds perfect to me. So, Stock Vision Hub, I think that's a good good uh a good plan. I'll I'll hope for that.

[00:38:13]And if not, maybe Q4 this year. Uh, Kansas Plowboy Boy, hey, it's good to have you here, too. And Technic Tommy, thanks for joining you guys. Take care.

[00:38:23]I'll see you guys soon. Take care.

[00:38:24]Bye-bye.