This Is Your Last Real Chance To Make Money in Crypto! Transcript, AI Summary & Key Points

00:00 Okay, so we had the weekly close for Bitcoin yesterday and guess what? It was bullish. Let me show you why it was bullish. So if you look at the chart structures, we got our first weekly close which was actually confirmed a higher high. So that's last week's green candle and that is higher than the previous high which means that this is the beginning of putting in the chart structure.

00:19 We got our first weekly close which was actually that is the beginning of putting in the first weekly chart structure for Bitcoin. Not only that, but if you look at the RSIs, the RSIs, which is the momentum indicator for Bitcoin, have actually broken into an upward trend. Now, if you look at the last time they broke into an upward trend. So, I'm going to put it for you guys here so that you can actually see it.

00:40 But if you look at the last time that we actually put in an an upward trend, that was really just as we broke out of the last bare market and we went into the bull market, right? And the same things basically happened here. We broke through the 200week moving average over here and the RSIs which is the sentiment of the momentum indicator also basically broke out now.

00:59 So an extremely bullish weekly close and extremely bullish weekly start for Bitcoin. I'd love to see my numbers hardest. That would be absolutely amazing. Um also if you look at the total market cap for crypto actually pretty much the same story. So basically if you look at the total market cap on the weekly uh and you take the the weekly chart structure again we have a um uh here so this is the to so I'm getting confused here that's the crypto total market cap total market cap again also second green candle above the

01:30 the um the uh uh the higher high. So that's the last green candle that actually closed into the higher high was the was the one from the previous week. So what we saw is that the total market cap actually broke into a positive chart structure before Bitcoin actually did. Right? So remember the others put in their first we sorry the the the total market cap put in the first weekly high actually last week.

01:56 That brings me to the next point which is the others. Now for those of you who don't know what others is. Others is the chart of the top 10 the the total altcoins less the top 10. So, take the total altcoins, remove the big altcoins, the top 10 biggest altcoins, and that's what you get when you look at the others chart. Now, what you can see is that that chart actually put in a bullish chart structure 1 2 3 4 5 weeks ago.

02:15 So, it's had five weeks of bullish chart structure. So the reason why I bring that up is because in the old market cycle or in the old bull markets for crypto, it used to be like Bitcoin first, then money used to flow into ETH, then money used to flow into large caps, and then we get the full-blown old season. What the charts are basically showing you is that this this altcoin run or this bull market is actually driven by the altcoins.

02:43 Now, there are a couple of things that that actually reaffirm that. The first thing is that the others broke into a positive bull market trend before all the all the uh before Bitcoin did. The total broke second and then the last one to actually break into this higher higher pattern was actually Bitcoin. I actually wonder what happens if we look at Ethereum.

03:05 Let's actually go and look at the ETHUSD. Um let's see on the weekly. So ETHUSD actually broke up also about four or five weeks ago. So what we can see in this market structure is that the rules for the old crypto cycle have basically fallen by the wayside and what's basically leading this market structure is the altcoins. This is tradition. This is basically what I called at the beginning of the cycle.

03:27 I said in the beginning of the cycle that I think that this bull market will actually be driven um specifically by alts and I think Bitcoin will matter less in this bull market. And actually I gave a multiply. I don't know if you remember that multiplier, but I kind of said that alts will outperform Bitcoin by a factor of about 6 or 7x. And I took that I'm just going to recap for the people who who weren't here or haven't been with us all that long.

03:50 But you take the others chart divide by BTCUSD and you'll basically get a chart that looks like that. And if you look at that chart in that channel, I can make make that channel smaller for you guys so you can actually see it. Um, okay. So if you look at that, that's the channel that the old coins have basically been in. Uh there we go. You see that's that's the channel that altcoins have basically been in for for hell of a long time.

04:11 And now basically what I suspect is that they're going to follow some kind of chart pattern that looks something like that. And if you kind of measure from here from where we are now to where I think the top is going to be, you can see it's at about 15. So we'll outperform by about five or 6x. So that is exactly how the thesis is actually playing out.

04:31 as it relates to old coins. I mean, I think important to start looking at what the altcoins are doing. Today, we've got a slight move back on the altcoins, which is I mean, every time we get a slight move back, all the the um the guys that missed the pump, all the guys that were waiting for for the $40,000 bottom and completely completely got sidelined for the biggest the the for this huge opportunity.

04:56 Every time we get a slight pullback in the altcoins, they immediately jump. It's okay. You see, we're going to get that big correction. And the one thing that they are pointing to is this chart over here. Now, this chart over here, for those of you who don't know, this chart says um it looks at the open interest by altcoin dominance versus Bitcoin. So, Bitcoin is blue and old coins are orange, right?

05:18 And what it measures is the exuberance of the market of altcoins versus Bitcoin. So when people have too much confidence in the market and there's too much leverage in the market traditionally that has led them to go to altcoins and when they have gone to altcoins ultimately that's when the flash actually happened but that usually happens when there's a lot of open interest in the market.

05:38 What you're realizing now is that this chart has actually gone way above it but there's not a lot of open interest in the market. So there's not a lot of leverage but in the leverage that we currently have there's more altcoin interest than Bitcoin interest. I don't think that's a danger sign like it was in previous cycles. And the reason why I don't think it's a danger sign like it was in previous cycles is because I think that this is crypto's first real bull market.

06:04 I think the other uh bull markets have been Bitcoin bull markets and old coins have basically followed. This time I think that we're seeing crypto's first real bull market. Now when I say crypto is first real bull market yes of course if you look at the the other chart the others chart or the east chart in fact let's look at yeah let's look at the others chart you'll say oh well you know how can you say that that these weren't bull markets and they were certainly bull markets like these these pumps in others were

06:33 definitely bull markets but they were bull markets of price and expectations of what the technology is going to do more than they were real bull markets. Now to me a real bull market is not a bull market where prices just move up. To me a real bull market is a bull a market where prices move up but on top of prices actually moving up, usage moves up, demand moves up, fees moves up, uh revenue generated, revenue burnt move up and we haven't had that in crypto.

07:01 Yes, we had a couple of bull markets before where you know we I mean if you look at at this bull market over here, this bull market over here was the ICO bull market, right? And to be honest, that wasn't a real bull market. We were trading in a technology which the SEC basically said is is not really allowed. And then we had the DeFi summer over here which drove us high in this bull market and that like wasn't a real bull market.

07:22 This is the first time in I've been here now for what are we in now? 2027. So I've been here now for 13 years. And in the 13 years that I've been here, this is the first time I can say we actually in crypto's first real bull market because it's a bull market of usage, revenue, growth in in subscribers, mechanisms to hand back revenue to token holders.

07:44 So ultimately, I think this is crypto's first real bull market. Now look, that said, we are going to have a correction because you always have a correction when markets move up as quickly as our markets have moved up. I mean, if you look at the last months, that's the moves in the last month. Arbitum 140% near 190%. Um, uh, Quant, I've got some news about this AKcoin, but I'm not going I'm not going to mention how.

08:08 It's called Akido. Um, I mean, this is completely a fake pump. Um, Zcash up 97%. Even Suie up 61%. So, we've had a great month. And when you have a great month, you will definitely have a pullback. And if you're going to be in crypto, you need to get used to the pullbacks. We're going to get these pullbacks. the pullbacks we have six or seven every cycle.

08:26 This is the bit the Bitcoin pullbacks and generally if you look at these pullbacks in Bitcoin generally you realize that the nature of the pullbacks is becoming a lot less um exuberant right so for example in the first bull market the average correction was 34% in the last bull market it was 23%. So you can say in this bull market maybe the average pullback for Bitcoin will be 18%.

08:47 which means that the pullbacks are not as bad as as they used to be, but they will come. Specifically after you've had a couple of months like the ones we've had here, you're going to get a lot of pullbacks. And what I prefer to focus on during the pullbacks is I prefer to focus on what I'm going to be buying and what my portfolio is missing. Right?

09:05 So, this is the portfolio that we've put together. And I've kind of said, look, just buy and hold it. And if you look at where we're at, um, I think buying and holding has been an amazing amazing strategy for us. Zcash is up almost 10x on our first entry. ETH been a bit of a dog. Soul's up 83% since our first entry. Hyperlquid is up uh 200% since our first entry.

09:25 So, our portfolio is doing pretty well. And so, instead of sitting here and wondering when the pullback's going to come and trying to trade in and out of the pullback, basically the strategy that I like to to to deploy during these bull markets is quite easy strategy, right? And I explain to you how it works. So, as prices are going up, like now, I basically shave a little bit off each one of my positions.

09:49 So, I basically say, okay, if I need, let's just say for numbers sake, if I need $100,000 and I've made 900% on Zcash, I take 10 grand off my Zcash and I take 10 grand off my ETH and 10 grand off my soul and I put $100,000 into like a bucket, that bucket of cash, and that cash is basically what I intend to deploy when the market basically comes down, right?

10:11 So, I actually I actually did this exercise on the weekend. Actually, on Saturday, on Saturday, I cleaned out my account. I went to all the tokens that had run and I basically shaved a little bit off the top. And the reason why I shaved a little little bit off the top is because I know there's going to be a correction because I know that there's six or seven corrections in every single cycle.

10:28 Um, and when there is a correction, I want to be able to deploy money into that correction. Now, the question is, what am I going to be deploying into? So for every person that's different because for every person you know what you want more of and what you want less of. Like the one thing that this portfolio doesn't say is how much money I've actually put into each one of those.

10:47 So what I've decided to do was I decided to create a list right and I basically said look there are a whole lot of tokens that I want that I'm not going to buy right now. For example like backpack. I want to buy backpack. I think backpack is an amazing token on Salena. It is the issuer of the X tokens or the stock tokens on Salena. Right. We'll talk about that in a couple of seconds.

11:06 Now, I don't have any backpack in my portfolio. I want some. I'm not willing to pay the current market valuation, which is $1.3 billion. It's too high for me. So, for me, I put that down on my buy the dip strategy. UniS swap, I mean, I missed unis swap this cycle. A bit of a faux paw, but you can't catch every single one that goes up, right? So, I put it onto my list here.

11:26 Ston is another one that I want to catch. We're going to talk about that later. And so, I just put it onto my list. And near and Venice, I just don't have enough of, right? So, what do I do? I I make a list and then I just sit on my hands. I've got So now I've got two things. I've got a bucket of money and I've got a list of things that I want to buy.

11:42 And then when the correction actually comes, then I'm not panicking and I'm not going, "Oh my god, what am I going to buy?" I know exactly what I'm going to buy before the correction actually gets here. And then I just set a level and I say, "Okay, what's a good level?" And by that time, I look at the charts and then I go and pile into the ones that I actually want to be buying.

11:58 Right? So that's basically how I do it. Now, for now, I think we're in a bull market, right? And we called we said that if we break above the 200E move the 50week moving average if we break above that generally in bull markets we don't actually break below it right so the next question becomes well once we break above the 50we moving average when usually do we have our first correction so if I look at the last three markets in the first one in 2017 we went 97 91% higher once we broke it and then 3 weeks later we had a

12:32 correction in and and You can kind of see that if we go to here. Let's just quickly go to I'm still dealing with my broken collarbone. So, everything is happening a lot slower than usually happens. Well, not everything. Um, so if you go to if you go to the bull market and you take the 50we moving average. Okay, there it is. So what you can see is if once we break once we broke up here once we broke above it the first time we actually got a real correction was a real correction.

13:03 I don't mean like I suppose you can kind of say we went up here 80% and then we went down from there from from that level over there and that's a wick. We went down about 20%. So and that happens a couple of weeks later and the same thing happened over here. So we broke here's a very interesting one in 2021 or 20 2020 2020 was a was a anomaly because because of co so we went 157% up or you could say went 61% up before we actually dipped we actually dipped by 16%.

13:37 So like basically what I'm trying to say is for now we got to assume that we're going to follow the same pattern and if we follow the same pattern we've broken through the 200 week MA the 50WE MA and now basically we start we we basically start uh we basically continue the up the upward momentum and yes of course we are going to have corrections there's going to be six or seven of the cycle when they come it's going to feel like it's the end of the world I promise you like you're all like like you're all ready for the

14:05 correction until the correction comes and you're like whoa holy like this is much scarier than I thought maybe this is the end of crypto but then you know that because it's that then you know it's like the end of crypto like then you know it's it is the correction remember in the correction what you want is you want a change in sentiment and and for the change in sentiment to happen you want the fear and greed index to go to a a place where we are absolutely panicking so let's just quickly go to crypto fear and greed

14:30 while hardest gives us back our viewers okay so again >> I mean it happens every day Hardis um So now we're in greed. We're on 74 in greed. We want to get that back to 15 or 16. That's when the when when the correction when the correction actually comes. So that is how the bull market basically gets played. Now I want to talk to you about this bull market and why I said in the thumbnail and and and I did say this in the thumbnail.

14:56 I basically said that this is basically your last chance to make real life-changing money in crypto. Now a lot of people like a lot of people are saying, "Yeah, that's clickbait." And it's it's not clickbait. It's not leback. I'm going to explain the thesis as to why I think that this is really the last opportunity you have to make life-changing returns in crypto.

15:15 I do think that crypto is going to be here forever. I think it's the most exciting asset class in the world. I think the use cases are going to be um infinite, etc. But I think in terms of making quick money in crypto, this is the last opportunity that you have. And actually, the reason why why I think that this is the last opportunity you have may shock you, right?

15:36 The reason why I think that this is the last opportunity you have to make real life-changing returns in crypto is actually because the Clarity Act failed. Okay, I'm going to repeat that. I think the real reason why we can make life-changing returns in crypto for one more cycle is actually because the the Clarity Act failed. Now, I read this tweet from our friends at the rollup, right?

15:57 So, this is from Andy. said, "Our sources in DC have just filled us in about what's actually driving our recent moves from the SEC and CFTC. From what we've heard, it's basically a fugazi of legislative programs based on administr administrative shortcuts to appease the industry for now and to push and to push it forward. It's a a set of short-term rules for the next two years with no real sticking power unless they codified into an act.

16:23 Acts like the Clarite Act will take years to pass, but fasttrack exemption orders u uh and quick rule filings take weeks and as we've seen are coming out rapidly from both agencies. Tokenization first with PES and KYC rules are next. Uh this is what I this is what we're hearing. The strategy is a bit of a concern in in D in DC though. When the government deregulated mortgage swaps, it took six years to trigger to trigger AIG and the 2008 housing crisis.

16:49 With leverage turned up, zero controls, and retail everywhere, this timeline, this timeline moves way faster. This is onchain finance. The worry here is about degenerate per trading blowing up their their clients accounts, people's pensions, and college savings. Whether that's advisers, young GPS, or the average fund manager, that's a serious concern about 10 to 100x leverage in persiders fully expect these folks to blow up, to get wrecked in court before we finally get a ser before we get we finally get serious

17:17 lasting conversations with real rules. TLDDR, the floodgates are open and there will be chaos. Welcome back to the Wild West. Don't blow yourself up. Be more bullish. And I think what he's referring to, well, and I know what he's referring to, is the fact that because we never got the Clarity Act, the SEC and the CFTC are basically overcompensating.

17:35 And they're overcompensating on the side of basically saying you can do what you want until you get the right legislation. And that's exactly exactly exactly what happened back in the in the 2000s when they spoke about property. And if you look at what happened to property in the 2000s, we got the biggest leverage bubble ever until the the leverage bubble popped in 2006, 2007, 2008.

17:58 And that's when the market collapsed. And so we're following the same market structure instead of getting the Clarity Act, which is what everybody was pushing for. And remember, if we did get the Clarity Act, then the Clarity Act would have forced us to do things as per regulation and as per legislation. and the legislation would have been a negotiation between the Democrats and the Republicans and that would have um limited us from doing certain things but at least we would have had long-lasting regulation right like

18:28 one of those things for example is yield on stable coins you'll remember that the Democrats were fighting for the the small banks they said look you can't give yield on on stable coins sorry let me just get comfortable here um you can't really give yield on stable coins uh in in the nucarity act but without the clarity that you actually can do that right so specifically we're getting a lot of as Andy said fugghazi uh rules and regulations which are designed to basically let the industry operate and experiment for the

18:58 next couple of years until we actually get regulation and legislation so for now for at least the next well let me just quickly get the actual number for you for the next 845 days we've got uh Paul Atkins in the SEC and whilst we have Paul Atkins in the SEC C and we have this administration in power for the next 845 days. It's the wild west of crypto, right?

19:20 Why? Because the SEC is just basically coming out and giving us all these exemptions. So, for example, the SEC issues FAQs on crypto asset regulation. Buybacks on functional protocols do not constitution constitute managerial efforts. Liquid staking to tokens are digital commodities or tools, not securities. SEC staff maintenance enhancement system grants not considered essential managerial effort.

19:44 So basically they're like exempting everything so that we can actually operate and crypto can actually operate which which is much wider than what we would have got had we got the legislation and the regulation. So we're now operating in a field that's this wide. And if we were to operate in a field with clarity well with clarity it would have been a clarity field but with a much narrower path of operation.

20:07 And so what they've done is they've given us one more cycle, one more cycle of crazy experimentation, one more cycle of basically doing a lot of experiments because remember when you have tight legislation, the number of experiments that you can actually conduct actually becomes minimized, right? And so as I mean this is this is actually WY lawyer. He basically says is okay this is kind of insane but very bullish I guess.

20:33 Just send every everything securities laws aren't drill anymore. Basically, there are no more securities laws basically. And that's basically what what what what basically going on here. And so that's why the altcoins are now leading Bitcoin, right? So if you look at what's happening with altcoins, the altcoins are now destroying Bitcoin. All these altcoins have basically outperformed or are outperforming Bitcoin.

20:56 And yeah, there are a few that have been underperforming Bitcoin. We can talk about some of them uh a bit later a bit later in the show. And that's why you've got this situation where in the previous cycle, the old coins never actually gave us a return, right? So in in the first cycle, old coins gave us a 12,000x return. In the next cycle, they gave us a 44x return, but last cycle, they gave us a 3x return.

21:18 So the question then becomes, what happens when we actually break this? Where do we go? Because then we get into price discovery. And then I think this is going to be the the the altcoin super cycle, right? And that's basically what's what's starting to happen now. You can see now that um if you look here, I thought that was the one day return. So I was like, whoa, the whole market's turned.

21:36 Um if you can see here that now we're at the point of a cycle where the old coins, the dino coins are starting to pump. So you got like H bar starting to pump and Algarand starting to pump. Love this part of the cycle. Like where the old money comes in and says, "Hey, we we've been out of crypto for 5 years. What should we be buying?" Don't get involved in that game because remember, you don't want to be holding HAR or Algarand when the cycle ends or when there's a pullback.

22:01 You want to be holding stuff that's real with real revenues and real users. I mean, I'd love to be holding pump with with a real with a next pullback, but not at 51 cents or 5.1 5 0 comma 051. That's that's not for me. So, that's why I think we're getting this one more chance. It's just one more chance for the next 845 days, which by the way takes you to exactly when we should be to get to the top of the market, right?

22:25 So, we got the next 845 days, which is going to be this incredible incredible bull run that we're going to be together on and and having an insane journey on. And for those 845 days, because there's no Clarity Act, thank you Dem Democrats from the bottom of our hearts. You basically gave us one more crazy bull market to make life-changing money. And then look, it depends what happens.

22:46 If the Republicans win again, depends how the Republicans win. Maybe we get another chance to get the Clarity Act through. If the Dems win, then I don't know, who knows? Maybe we even get Gary Gensler back. Like, that's how bad it could be, right? We could actually get something as bad as as getting Gary back. But for now, let's not worry about that, right?

23:04 So, it's like um I always say it's like when you go to a party, right? and you know that at 2:00 the music goes off, but it's still like 10:30. So, the question is, what do you do now? Do you take a couple of drinks, maybe drop one or two like bumbles and and carry on dancing, or do you say, "No, no, look, you know, in at 4 hours the the thing closes at in 6 hours the the party closes."

23:29 You don't do that. while the music's on, you dance towards. You don't want to be in the club at 2 o'clock in the morning when they they switch off the music because then it's a problem getting out, right? So, you kind of want to dance and you kind of want to play this like game theory and you want to say, "Look, you know, if if this all ends in 845 days, maybe by 700 days, you want to be you want to be um you want to be out of it.

23:53 You want to be out of the you want to be out of the out of the party. you want to go home, you know, maybe go get get some food on the way home, line your stomach again, cuz you know it's like you know those who know. If you know, you know. If you don't know, you'll learn. Um but if you know, you actually know. Um so what does that mean? It means that we have one more cycle and in that cycle there's going to be a lot of experimentation and you want to find the balance between owning experimentation and owning revenues,

24:24 users, growth and tokens that have fe. That's basically how we're going to play this bull market, right? Because you want to get involved in some experimentation. And as Mertz says, he says the experimentation is going to take place on on Salana. says, he says, "The mid-curving on soul comes from a profound cynicism about the crypto's future. What's going to happen is that crypto adoption is going to 100x.

24:46 It will not just be pers or RWAs or memes. It will be all of it. It'll it totality of old finance combined with the weirdness of new finance at a planetary scale." Now, it's that weirdness of new finance, which is the launch of launchpads. It's like pairing pairing meme coins with real world stocks, right? Those are the experiments, the totality of old finance combined with the weirdness of new finance, right?

25:14 So, who's going to benefit from that? Well, you can take bets on the individual uh protocols, and there are a couple of protocols that I'm taking a few bets on, but you kind of say yourself, what's the chain that's going to win that? The only thing that's going to be ETH and also all these side chains on ETH, as much as I love them, you can't really comp like the good ones, you can't really invest in.

25:35 Base doesn't have a token. Robin doesn't have a token. Arc has a token which has been minted, but you can't get your hands onto it. So, kind of like a weird token. Um, and so the one where you can actually participate is Salana, right? Um, so he says here, he says it's 2004 and you can opt for JP Morgan or you can go for Apple. Neither are wrong, but one is more more optimistic, right?

25:56 And so like it's almost like do you want to go for ETH which is the JP Morgan or do you want to go for Apple which is which is the one that's more about experimentation and stuff like that. Um and so like for me that's like a bet on Salana is pretty much a good bet. Now one of the things that if you have been following Salana you pretty much see that Soul has been the best performing major altcoin for a while.

26:17 Um, and actually if you look at it over here, as soon as it gets over this level over here, like this is a massive support resistance level over here. And we're just about to break it, right? And when we break this level, then the next stop is 147. And that's like a quick stop where they don't take any new passengers on the bus. They just let passengers off the bus.

26:37 And then the next levels are like 180 and 200. So this can happen pretty quickly. Once we break this level over here, it can happen pretty quickly. But we need a step change. We need something to get us there. And what might what what it might actually be is this new Alpenlow um uh uh upgrade to Salana. So, I'm not going to bore you with a with the technical details cuz I know you guys aren't really that technical, but long story short, Salana has made a network upgrade.

27:02 That network upgrade is up on DevNet, not test net, DevNet. What's the difference between testn net and devet? Testnet is when they test the new technology. DevNet is when the developers go on and put their developments on and test their assumptions that they made. Right now, the thing about this Salana upgrade is it changes the the time to finality from 12.8 seconds to 150 millconds per transaction.

27:31 Right? So, it makes Salana basically very very very fast and that makes it very competitive. So, up until now, Salana hasn't been able to compete with Hyperlquid. The reason is it's not that fast. But now all of a sudden it is that fast because now the time to finality is 150 milliseconds. It is that fast. So we'll see a whole lot of new applications being launched like we'll probably get um perexes being launched to actually compete with Hyperlid etc etc now happening on Salana.

27:57 When is this going to happen? Well the dev the test net is up. Sorry the devet is up. The observation period happens now and it launches before I mean it can be anytime now like it says no confirmed dates. September 28th is so basically I think everyone's just testing all their assumptions. As soon as most people give it the thumbs up, well that's when when this thing actually starts working, right?

28:21 And then I think you want to be in soul and you want to be in the ecosystems. I posted about that in the in in front in a 247 research which is our discord group. I said um the soul beaters actually started moving a bit earlier than I wanted and I want to actually talk about the the the soul basers. Right. By the way, for those who aren't part of 247 research, it's our private Discord group.

28:43 It's where we post all of our calls. Like literally every move that I make is is in here. Every single move that I make, every single move my researchers make is in here. Um there's a link below. If you use the link below, you can have two weeks free in the Discord and then if you enjoy it, you can stay and if you don't, well then you can leave basically.

29:03 So look, you don't pay anything. You only pay um here. So you can don't well then you can leave basically. So there you go. So so that link is over here. You can basically join here and then you get access to our re to our terminal. It's all for free. So just basically join for two weeks. If you like it stay you don't like it basically you basically um go.

29:21 So let's go back to the Salana um upgrade. So the Salana upgrade is going to happen and then the question is where do you get alpha on on Salana? Where do you get what's going to happen on Salana? Now for me I want to be in the trading protocols. So yes, you can be you can be in staking, you can be in um lending and borrowing, but for me, I want to be in trading.

29:44 And the reason why I like being in trading is because lending and borrowing is great, but it's a very niche part of finance, right? Or it's like it's a it's it's a big part of finance, but not everybody does lending and borrowing, but everybody in crypto basically lands up trading, right? So whether you're trading spot or whether you're trading per ultimately, I always want to be in the trading applications because I know that those make the most revenue, right?

30:04 So to me ultimately where do I want to be? I want to be in Radium. And I took a position in Radium. I took a position quite recently. I documented it again in in247, but I took a position at about $1.70. It's it's about $2 now. So hasn't moved that far up. Then the other one that I want to be in is GTO because GTO have this app called JTX which is their version their trading protocol.

30:27 Um and JTO also capture all the economic value of Salana. for me. Radium GT GTO hasn't been a great performer in our portfolio. I'm hoping that it'll have some kind of jump up and and basically fix itself. Radium 2. Um, you can get you can get more more exciting that like if you want to go for things like for example Sanctum, which is the biggest liquid staking validator on Salana.

30:50 I'm again this I'm I'm a person that likes trading revenue. It's it's digital securities or digital tokens. You're going to trade in and out of them, but you can go I think Sanctum is now cloud or they rebranded to Sanctum. I don't actually know how they is it cloud USD. Let's have a look here. Yeah, I think it's this one. I think it's this one. Cloud.

31:10 Yeah, I think it's it's it's cloud. You can see it's it's come slightly down. For me, like I want to be in the trading protocols on Salana. So for me, it's Radium, it's GTO, it's Jupiter because remember Jupiter have lots of swaps and and lots of lots of pers. I'm trying to get an entry into Stonk. There's a lot of FUD going on on Stonk right now. Um, but 2 25 is not is not a good entry point for me.

31:34 For me, like under 20, under 2, I'm basically going to going to start looking at otherwise to be honest, I'll just catch the next bus because that's how crypto is. Like, you don't have to catch every bus. You can always just catch the next bus. Um, also remember this week that there's the Robin Hood Summit this week. So, there's like there's lots of events that can drive crypto this week.

31:53 is there's the Robin Hood summit this week and then next week there's token 2049 and then there's SUI base camp which happens at token 2049. Um that's that's happening next week. Um there's D happening in Asia next week as well. So lots of events that are basically going on. Look out in the next two days. Look out for news from Robin Hood. So you got day one and day two of the the live summit.

32:14 Um they'll definitely do something to talk about crypto. Now again like is it going to be ponds or is it going to be one of the the baiters? I don't actually know. Maybe it's cash cat. I don't know. For me just you know if you are trading the Robin Hood ecosystem then you want to keep your your eyes and ears like pretty um someone says look at Salana.

32:32 I just did look at Salana. Did I miss something? Does it gone over 120? No, it's still at 11960. Calm down everyone calm down. Um what else? Okay, so this week quite a big week actually. So when I say quite a big week we have PCE inflation on Wednesday. You know why that's important, right? Because that's the the Fed's preferred measure of inflation.

32:56 Then if it doesn't come down, then they're going to they're going to increase interest rates. And if they do increase interest rates, which is, by the way, what the market is kind CME, someone told me that they were looking at maybe increasing double. They wouldn't do a 50 basis point, not three days before the midterms. Come on. Like we got to be realistic here.

33:12 Okay. 68.1% chance. We'll see how that goes on Thursday, Wednesday, whenever. Whenever. What day is it? When? It's on Wednesday. Yeah. Um, what else do we have? What else do we have? Sailor. Sailor. Sailor. Sailor. What did he do last week? You guessed it. He bought a couple of Bitcoin, but then he also bought $152 million worth of STRC, which means that he issued $10 billion of STRC.

33:35 Remember, he issued 10 billion of STRC. He's already bought back $1.2 billion of his own product. He issued it when like the price of Bitcoin was here and he's buying it back when the price of I mean I don't know. I mean the one thing I can say is that I'm kind of glad that it's not at hasn't pegged to to 100 yet. Um I don't know. I want I wonder do you think this thing will ever will actually ever peg to 100?

34:04 I don't know. I don't think it's going to peg back to 100, but who knows? Maybe I'm wrong. Maybe this thing does peg back to 100 and sell it becomes a buying machine again. Who knows? Remember that in October, sometime in October, which is next month, the Msei may remove Micro Strategy from the industries. Remember that. We'll actually do another show about that to actually talk about it.

34:25 All right. So, that's that for today, but I want to talk to you about one big opportunity. Um, one one of the what I think is the biggest opportunity in crypto. And I think you need to pay attention because what you need to do is close to nothing literally and you can capitalize on opportunity. So, what is the opportunity? The opportunity is the variational airdrop.

34:41 So variational is a perex like hyperlquid. That's what it looks like. See, it's got a whole lot of different markets. It's got uh pers. It's got swaps. It's it's exactly like Hyperlquid. When I say exactly like Hyperlid, it's a decentralized per exchange that you can actually trade on. Right now, a lot of us have been farming this for points. Now, when I say farming this for points, all you have to do is deposit money.

35:04 Like you can see, I deposited $10,000 into this account over here. And I can use it to trade, right? So basically I can go to markets and I can trade and I can choose depend what I want to trade. I can trade real world assets or I can trade uh pers right I can trade like Bitcoin pers I can trade hyperlquid I can trade soul etc etc I can pick my leverage so pick my leverage I can pick my account size so I can pick my leverage I can pick pick my account size there's the leverage and basically you can trade just like you

35:32 trade with a normal exchange the only thing is that with this every time you trade you actually earn points right so I mean someone says 27% on H bar you can actually go and trade H bar here you can go H bar and you can actually trade. You can go long, you can go short with lots of leverage. It's a decentralized exchange. Simple as it's as simple as connecting your wallet, having some money on ETH or on arbitum and being able to actually trade it.

35:57 Now, the reason why I bring this up is because they came out, we we know that they that they are looking to do their airdrop um pretty soon. They're looking to do their airdrop. They were going to do it in Q3, which Q3 is basically ended, right? Q3 ended uh now at the end of this month, right? But now they say, "Hold on, we're actually going to do our airdrop in Q4."

36:20 And the reason why we're doing our airdrop in Q4 is because they're about to announce a very big partnership. I'm not sure what this partnership is, but they say we've we plan to finish our points program at the end of Q3 and launch straight after. We're moving that timeline back due to a major strategic partnership that redefineses variational trajectory.

36:38 We're limited in what we can share right now, but suffice to say, it's quite exciting. and they're saying that they will drop 32% of the V tokens will be dropped to holders. Now, what does that mean? It means that if this thing comes out at a $3 billion market cap, which is where I think it's going to come out, there's a billion dollars which is being paid in the form of an airdrop.

36:57 Okay, that's a massive airdrop. One of the biggest airdrops to one of the best protocols out there. You can farm points, right? And I'll show you some tricks when it comes to farming points. So, how do you farm points? Very simple. You just trade. So, you plug in a wallet and then you trade. You can trade long, short, you can trade uh any asset that you want.

37:17 We do know that if the asset is a swap, not a a per. And to be honest, they're exactly the same thing when you trade them, right? Um if it's a swap, and generally the swaps are on real world asset things like gold, oil, etc., etc., whereas the pers are basically on crypto. If you trade the swaps, you get more points than if you trade the PEPS. That's basically the new system.

37:40 And the reason is why they want people trading those swaps. So go and have a look at variational, go and link up a wallet and like for example UK oil if you want to trade that, trade it. I think the fees are like low or close to zero in in in some cases, right? Um and basically they want to get as much volume as they can in these swaps. So if you see something as a swap, you're getting I think don't quote me on the number of points, but you're getting much more points.

38:04 Now the reason why I bring this up now is because I thought it was over. it wasn't worth talking about. The problem is that now they're saying, "Look, not only is it not over, but it's actually going to be much bigger than we originally thought." Um, yeah, it's going to be much bigger than we originally thought. Um, because we're announcing a partnership, it's going to be much bigger than than we originally thought.

38:27 In the final weeks before TG, we'll end the private beta and release the public mainet, expand our swaps offering, offering a public trading API, blah blah blah blah blah. So, you want to be a part of this now and you've probably got another 2 to 3 months to actually farm these points. I reckon, well, we know that at every billion dollar market cap, one point is worth $30.

38:46 We think that this is coming out at $2.5 to$3 billion, right? If it comes out at 2.5 to three billion, every single point that you farm is worth $75 to $90 and you earn the points pretty quickly and you get the points paid to you every Friday. So, I think it's like pretty much a no-brainer that really all your trading that you're doing on decentralized exchanges should actually go on variational for now.

39:11 Just go do it on variational. If you use the link below, you get a 15% points booster, which is the highest points booster in the industry, right? So, you trade with zero fees as I mentioned to you. There's no fees and you get 15% points boost if you use um if you use Omni Run. So, when you go there and it says, where did you come from? Let me say Omni Run.

39:31 You get a 15% points boost. You earn the points every single week. You earn more points for the swaps than you do for the pers, but you still earn points for everything. And you pay zero fees. Okay? Now, anybody that's in crypto and that's taking a trade and that's not taking a trade on this, you don't like money because I'm telling you that we know for sure that there's a airdrop coming of 32% of their token supply.

39:54 And our best calculations say that 32% their token supplies is going to be a billion dollars. Okay? So you'll get your share of a billion dollar airdrop. And all you have to do is trade. You were going to trade anyway. Now you're just trading without fees and you're going to get the points and you get the points every Friday. So go to the use the points.

40:15 Use the code omni. You'll boost your points every week by 15%. It is the highest point. No one has a a higher point boost. Um you can go look at the point estimator. So let's just see what this point estimator says. Um estimated value of one point. This is at a $1 billion. But like if you say at a $3 billion market cap, then the numbers basically get much higher.

40:39 So let's say that the FTV at launch is $3 billion, which is what the market's actually pricing, $67 a point basically. So definitely definitely definitely worth your while. Go and farm those points. Go and farm those points. I didn't push it because I didn't think there was time, but I'm now telling you, you've probably got two months to actually earn those points.

40:57 So, push and go and earn those points for the next two months because I think it'll probably be worth your while. Uh, please cover Cody October 4th announcement. I'm not going to cover it here. I will drop a tweet, but I can tell you that I'm out of the trade. So, I'm out of Cody completely. I'm fully out of the Cody position. I did post that in 247 research.

41:14 I said, "Guys, I'm out of the full the Cody position." And I think you should also, if you aren't already out, um, there's a reason for that. Uh, the reason for me is that there was a consortium of buyers that basically bought over the Koti protocol. I thought the guys were going to be good guys and they're going to push the protocol, but they're not.

41:32 They basically, if you track their wallets, they're basically just sending tokens to exchanges. I'll I will drop a tweet and I will break down exactly how much they've sold and how much has been going to exchanges. But yeah, I'm out of that trade. So, if you're in that trade, you're in there alone. You're by yourself. uh variational. Yeah, if you're not honestly like don't miss this one chance.

41:51 It's free, guys. It's free. Uh ZK Foundation will cover the new tokconomics for Cody following the V2 upgrade. Yeah. Uh yeah. Uh for me, just go and follow their wallets, guys. Go and follow their wallets. Run. The momentum is too stretched in the soul token related RSI. Well, depends what your time frame is. Yes, I agree with you. There's going to be a pullback.

42:08 You know, there's there's a pullback. Um I'm not going to mention names. I'm not going to mention names, but I want to show you some and I'm not telling you to to to go and buy everything now, but I want to talk to you about a pullback, right? So, there's a guy who keeps who keeps telling me that tokens will 50% of the pump will always retrace. That's what the guy says.

42:29 He says 50% of the pump will always retrace, which is great. I get it. The only thing is re 50% from where? Now I remember when Bitcoin pumped from say 60,000 to 70,000 he was saying look there's going to be a 50% retrace that would have bought you back down to 65,000 call it right? So if you go from like 60,000 to 70,000 uh 50% retrace takes you back to 65,000 but now we get to 80,000.

42:56 So now the pullback is going to be down to 70,000. So, it's like the question is where is where is the 50% going to where is the 50% actually going to going to um to come down from. That's the part you don't know. And so for me, just if you think you're in a bull market, just keep dcaing into the tokens that you like. Keep some money for when you have the the correction.

43:17 When you do have the correction, have a list of what you actually want to buy. Like you can see I've made my list here. I'm out of this trade as well. This Zeno trade I'm out the trade I'm still in, actually. Uh, root I'm still in. Barweave, I'm still in. Um, Macintosh has basically gone to zero. Um, Stonk, I'm waiting for my I mean, I've got I've got a small position, but I'm trying to get a a big position in that trade.

43:41 Um, what else is there, friends? Midnight will melt faces. Maybe. Maybe you're right, bro. We like privacy. Look at Anom. Look at Anomcoin. I I don't know. I wouldn't touch Anomcoin. I mean, maybe it'll have a pump, but I think this whole narrative of Anom and Solana, it's finished. I think it's finished. Um, I think we've moved on. I think we've moved on.

44:07 I'm not saying he can't pump it. I I'm not saying he can't pump it. Um, what else is there? What else is there? I think that's it for today. Um, I do think honestly like if there's one thing you take away from the show, just go and use this variational code omniun. get your 15% and they just get used to trading on it. Honestly, two months of trades, at the end of it, you walk away with points.

44:32 You get your points every Friday. You know exactly what they're worth. There's actually a secondhand exchange for points. You can actually sell your points today if you want. Someone says about what, Cody? I told you about Cody. I've already told you that, you know, initially I was extremely bullish on Cody. I really was. I was really bullish and I thought the new buyers would come in and really do amazing things for Cody.

44:51 We tracked their wallets and the problem is that from the time they took over the foundation, the one wallet has been just selling and selling and selling like big numbers on exchanges. Do you want to be the exit liquidity for that? I don't want to be the exit liquidity for that. They want to send it to zero. I mean, you know, people the market will find out who they are and the market will deal with it the way that markets deal with it.

45:13 Again, if you want the information first, it's all in our Discord. The Discord, you can sign up for free. You can you can come out and sign up for free. Um, oh, and you can see that that, uh, god, I think I just exposed the invite link, but doesn't matter. Um, if you want to um to to join us in our party in Singapore, uh, we're having a party in Singapore.

45:34 Um, and there's a dinner as well. Uh, again, if you're part of our Discord, that's that's all part of it. You can get into Discord for free. So, I mean, here's an idea for you. Why don't you get in for free, come to the party in Singapore, and then decide if you want to stay or not. I mean, you see, you see, that's why I'm the boss. That is why I'm the boss.

45:54 That's why that's why I run the place. Um, let's have a look while we here. It's been shuffle real revenues. It's a casino product. That's why it did so well. Um, I don't like the guys, but that's that's Yeah. Uh, nothing else happening. Let's just I mean, I think let's just look at Bitcoin. I think if Bitcoin goes above that 84,000, then I think we're good.

46:19 Then I think we're good. All right, my friends. I'll see you guys again tomorrow. Until then, trade well, my friends. On variational. On variational. Trade well on variational.