I’m Taking Profits On My Altcoins NOW. Transcript, AI Summary & Key Points

00:00 I must say it's so nice to see the relative strength or the crazy strength that crypto is showing at the moment. So like you look at Bitcoin, we're at 84,345. And if you look at the old coins, the old coins are relatively like nice and green. And at the same time, you've got all the traditional markets in panic, right? And the panic basically comes from the bond yield.

00:20 So you look at the bond yields. This is the US 30-year yield. yesterday went up to 5 almost 5.5 almost 5.6 and so everyone's panicking about the bond yields and as a result what you're seeing is you saw the NASDAQ basically sell off 1.85% 85%. You saw gold. Gold gold had a a massive sell off yesterday. So, gold went down about 4% yesterday. And I mean, it doesn't sound like a lot, 4% if you're in cryptoland.

00:48 But let me tell you that for gold, a 4% dip is extremely extremely extremely rare. It says a 3% sell off is 4%. Uh a nearly 4% selloff is the kind of day you you study, not ignore. on basically saying that there's um 57 days in 5,378 sessions where gold goes down 4%. So it's a big event and like trillions of dollars are wiped off off the gold markets.

01:13 In fact, it was so big it says um this is from Kabis. It says today's drop in the gold price was highly unusual gold prices fell 3.4%. Um since 2006, gold has recorded an average daily change of 0.05% 05% with a standard deviation of 1.19%. And yesterday we got a a zcore of -2.9 which makes it like one of the most rare days in the world when you get gold making a move like that.

01:37 And that's pushed gold into like um negative territories where you know the big um the big technical analysts people like Peter Brunt are now saying look gold's now in this like in this negative territory. And the good thing is that while this is all happening you've got Bitcoin basically going up or or holding steady. So, it's almost like Bitcoin's become completely immune and we're getting this very crazy crypto strength that I actually want to talk about, right?

02:01 I want to I want to spend some time talking about it. But then at the same time, I'm also taking some profits. I'm taking money off the table. And I want to show you why exactly I'm taking money off the table. I think it's important that you guys do the same. So, I think we got a big show today. I think we're going to be talking about the crazy crypto strength, where it's coming from, how high it's going to go, but also maybe time to take some chips off the table, cuz maybe it's not going to last as long as we think.

02:22 So, that sounds good to you. Let's get the show on the road. It's much more fun to wake up these days. Much much much more fun to wake up these days. You wake up, there's, you know, it's green. Bitcoin, Bitcoin has started to move or is basically moving moving to 84,200 still struggling to break this 84 85,000 level, but it doesn't matter as long as we're getting uh the big green candles and as long as we are um doing that we are exhibiting relative strength, right?

03:00 We got a lot of relative strength relative to markets. And to me, that sounds like it might be the beginning of a massive catch-up trade. So, you'll remember that up until October last year, we were tracking the NASDAQ. You can see like Bitcoin was kind of tracking the NASDAQ. Bitcoin being this orange line here, the blue line being uh the NASDAQ. The NASDAQ soared to all-time highs after Trump's tariff tantrum in April.

03:22 We had our how our our bare market. We went down about 50% on Bitcoin. Meanwhile, the NASDAQ climbed another 50%, which means that like net net we are we are very very very far behind. and the NASDAQ the trade was very similar on gold. So if you look at like the gold trade from October 10th we diverged from gold. Gold went up another 56%. We actually dropped a whole lot.

03:44 So there's a massive catch-up trade that that may actually be in play. What you're seeing right now is that even though all the other markets in the world are starting to panic and specifically right now their point of panic is the bond markets and the fact that the yields are going very very high. What you can see is that even though gold is supposed to look, you would imagine that when bond yields are going up, if the market assumes that the Fed's going to continue to print money, the scarce assets are going to be

04:12 the ones to perform. And what are the scarce assets? Bitcoin, silver, gold, etc., etc., right? And what you're getting now is yesterday you had a a pullback in the NASDAQ, you had a massive pullback in gold, a massive like a a rare event, and you basically had Bitcoin going up. At the same time, if if you look at the ETF inflows, Bitcoin actually had its biggest ETF inflow since 1010.

04:33 So since before 1010, this is we had them the biggest weekly uh uh uh uh inflow into the ETFs. And so it does feel like we've broken away from gold. We're decoupled from gold. We're decoupled from the NASDAQ and basically we're making our way back up to to the catch-up trade. Now, because we are the riskiest asset, because we are the asset that's most sensitive, you would expect us not only to catch up to places like the NASDAQ, but also to to actually overtake uh those trades, right?

05:05 So, yeah, I mean, I don't know, one view that I saw yesterday on Twitter, and I mean, he's actually a friend of mine, but I I have to call him out when when I when I see like a crazy take on Twitter. This is one of those crazy takes, right? This is from Dennis from Virtual Bacon. He says, "Altcoin buyers don't hold bonds, so the bond sell off won't drain alts."

05:22 Okay, that's not how it works, right? Because when bonds sell off, right, there's going to come a point where bond yields get so high that the market actually panics and actually starts going into safe haven into bonds. When that happens, the technology stocks are going to crash. Everything is going to crash. And when they do crash, I promise you, the altcoins, the the bond holders are not going to say, "Hold on, we don't hold any alts.

05:45 Let's let's let's save alts. When people go risk off, it's going to be risk off and altcoins are going to get hit. So please don't get caught in this kind of thinking, right? And the big danger when it comes to to the bond sell off is not only so there's two dangers when it comes to to the bond yields the bond sell off, right? When when bond sell off, the bond yields go higher to attract more capital into bonds, right?

06:08 Two things happen then, right? The first thing is that eventually the bond yields go so high to just hold dollars and invest the dollars that you kind of say, "Hold on a second. Why do I even need to put money in the stock market? Why should I put money in the stock market to try and get 10% when I can get seven or 8% in bond deals?" That's the first the first fear.

06:26 That's not the fear that I'm worried about at the moment. The fear that I'm worried about at the moment is is this one here, right? Remember that AI is using a lot of debt to fund its expansion. Right? And the problem is that that debt is funded at a premium to government debt. So if government debt is being funded at 5.6%. Then AI funding goes to 7 8 9 10% depending on how risky the funding is and that slows down the whole AI build and that could slow down the whole NASDAQ and and whatever else.

06:55 So this is a this is not a great picture and as I said all markets are now responding to what is not a great not a great picture, right? But the one market that actually doesn't care and basically shaking it all off, which is very very encouraging, is actually Bitcoin. And that's that's amazing because it's keeping Bitcoin up. It's keeping the old coins up, it's keeping a lot of the bubbles green, even on on days where where where it hasn't actually been amazing.

07:18 It's not only that, the crypto turnaround or the crypto insane strength is not only about that. The crypto insane strength is also around the headlines. If you think about the headlines, like not even a long time ago, like think about the headlines 3 months ago, they were all doom and gloom headlines. When I look at the headlines today, I mean, just look at these headlines.

07:35 Oracle's integration with Swift Ledger helps banks connect tokenized deposit infrastructures. Oracle Banks, Swift all in the same sentence. You've got um uh Coinbase getting good news from the CFTC. You've got Goldman Sachs and Bank of America planning to launch and issue stable coins together in 2027. You've got crypto friendly institution Franklin Templeton to bring tokenized collateral services to Bybit.

08:00 It's like we're basically living the dream. There's new announcements, big announcements every single day which are bringing more u money and more revenue into crypto. And so it's been a complete complete turnaround where crypto has gone from being the weakest non-performing asset to being the best performing asset with the with the best headlines. And on top of that, it has the big the biggest room to actually run.

08:24 You got like this massive massive massive catchup rate, let alone to the NASDAQ, but we actually should be higher than the NASDAQ. And that's that we can have a discussion with we can have a discussion about that maybe some other time. I want to spend some time today talking about altcoins because look the truth is we've had an incredible I must say I've had the best trading run of my life.

08:45 Um those of you that are in 247 discord in our discord you've had the same run you know exactly we've caught if you look at the one month we've caught most of these winners. We caught Nia, we caught a drrome, um we caught Zcash, we caught we caught most of most of the big runners, we actually caught. And to think that if I look at the altcoin market cap, if I and if I look at Bitcoin and I say like if that's where we are in Bitcoin and already my portfolio is at an all-time high, can you imagine where my portfolio will

09:16 be when when um you know the the Bitcoin goes above and maybe goes to 200,000 or 250,000. I would say that when it comes to altcoins, we've had the best run of our lives. Or certainly, I've had the best run of my life. I never thought for a second that I would be my portfolio would be at all-time highs at the beginning in the first month or two months of the bull market.

09:37 It's like it's it's absurd to think. Now, it's not a coincidence. I'll be honest. It's number one not chasing shiny objects rather having a lot of conviction and sharing a and and investing in things where you have a lot of conviction where you have a thesis and you stick to the thesis regardless of what the thesis regardless of what happens outside of the market.

09:57 Um, also having a good research team and being very very very disciplined every single day, showing up even in the bare market, making those investments, looking for those opportunities every single day, being being smart and holding on to capital. Like I must say, I think we've really played this cycle perfectly. Yes, we haven't caught every runner, but you don't want to catch every runner because that means you're taking outsized risks, right?

10:22 rather catch less runners, but know that you're holding on to the majority of your capital because when you have capital, you can continue to play the game. So, I think the good news is that we've had the best altcoin run of of our lives. Every morning we wake up and if you're in the Discord group, um you know that I mean, we woke up this morning, I've been screaming buy cards at at at uh at 12 cents.

10:44 At 12 cents, I begged and I begged and I begged the Discord group and I said, "Please just go and buy cards for 12 cents. Let's just quickly go and find you a couple of those those posts. Um, literally I kept saying, "Guys, collector cry 12 cents, 12 cents, 12 cents. Go and buy it. Go and buy it. Go and buy it." And some people actually landed up buying it.

11:02 I wonder if I can research it. Will you send me some card um cards at 12 cents or maybe I can quickly just run a search here. Um, let's look for cards. Uh, okay. Researcher, if you could send that to me. Sorry, my my arm is exceptionally sore. Um, I kept saying, uh, let's buy it. Let's buy it. Let's buy it. We woke up this morning cards. We We were buying it at 12 cents.

11:28 We woke up this morning, it was at 26 cents or or 26. Um, you can see that over here. It moved because of rumors. I don't know if it's rumors, but um, uh, your binder is about to get a major upgrade. Rest in pe in peace packs on your phones. Uh, this is talking about Pokemon cards. Um and Kobe who's from Coinbase followed collector collector cryptocards and so that went up and so there we made 100% uh profit.

11:57 So that was another 100% in less than a month. Tibber we we have been buying Tibber since 0a 1. If you look at I mean again we keep receipts for all of our calls. Um if you look at um so here here's the cards one I say I'm accumulating a positioning cards I love the thesis real world and blah blah blah 135 I was basically in tibber we've been buying tibber since the beginning of time if you look at that that's where we started having our ta calls our tibber calls were um were at uh uh uh 10 cents so 0.1 woke up this

12:30 morning um and you look at tiba you're now 250% % up on it. We're at 355 curve, which is one that we've been telling people to buy in the Discord group. Also, you're up 100%. So, it's really been that kind of bull market. We're literally like we've made 100% 200% 300%. Most of our calls are documented in the sheet. Um, and you can kind of see where we bought all of our all of our tokens.

12:55 And generally, if you look at how well we've done, like we don't have one token that's at a loss. Yeah, we have some that perform better than others, but effectively if you would have put $10,000 in each one of the tokens that we told you to put money into, you would have invested $220,000 and you would have had $555,000 now. And that's like the beginning of the bull market.

13:17 And again, a lot of influencers and a lot of people in the media will tell you, oh, you know, I called this and I sold my cars and and whatever else. Guys, we have receipts. We have a Discord group. It's where we trade. In that Discord group, every single call is documented. every single trade is documented and you can literally see also you've seen probably on my shows how how old this spreadsheet is and when I've been told you guys to buy uh etc etc and so I must say we've had like the run of our lives honestly I

13:43 don't I can't remember a better run uh another one that that we've caught now is compound compound we bought in at $17 which was somewhere over here uh it's now $25 it just keeps going up so unbelievable unbelievable run and that's I you know I think that we've that just stick to the strategy and the strategy is just buy and hold these tokens or at least that's what I tweeted on the weekend but then I thought about it and I was like that's actually bad advice and I want to maybe clear up the air here a bit right so

14:14 generally yes my strategy is to buy and to hold but I think I want to make a couple of caveats here right the first caveat is don't buy and hold right through the bare market and the reason why you don't want to buy and hold right with the bare market is because crypto tokens don't do very well in a bare market and it basically takes them a long time to recover.

14:35 So if I say to you just buy and hold and you bought Salena and I mean I'm talking I'm talking about the majors, right? You're talking you bought Salena and let's say that you bought it sometime during the previous cycle. So let's say that you let's say that you bought Salana sometime here during the previous cycle. It's only now that you're getting back, you know, if you would have bought Salana in 2024, it's only now that you're actually starting to to get back to break even, right?

15:01 And the same thing with like an Athena. If you would have bought if you would have bought your Athena and you know, you would have bought it somewhere over here, you would have had to here, this is October 2024, you would have had to wait 2 and 1/2 years to get back to your starting point, right? So maybe buy and hold is not a great strategy. Maybe we should tailor make the strategy and say buy and hold for the bull market and as we get towards the end of the bull market then start taking profits cuz what we've

15:32 actually realized is that unless you're very wealthy and you have a infinite holding period or a long holding period then generally which I know there's not many people here then generally buying and holding tokens multicycle is not a great strategy. Uh it's a very tough strategy. You've got to be you've got to be you've got to really have balls of steel and you got to have a wallet made of even more steel because you need to hold those tokens for for a hell of a long time, right?

15:56 So, I think if we change this and say at the beginning of the cycle, have a have a have a thesis, invest based on that thesis, and then towards the end of the cycle, start offloading it and go into your bitcoins and your Zcash and maybe one or two others. That's probably a better strategy than just saying look just buy and hold tokens multicycle right which is for me it's a big move because I generally always say that you know buy and hold multicycle and I've held Bitcoin for multicycle I've had I've held ETH for

16:30 multicycle I've had Solana for multicycle and I've made a lot of money but there are so many tokens that I held for multicycle that went to zero that maybe that's not the best strategy in the world. So let's maybe tailor make this lightly and say buy and hold buy in the beginning of the bull market or when you're nearly at the 200E moving average. So generally what you want to say is when a bitcoin when a bitcoin is here at these levels over here.

16:53 So you got a 200 week 200 day moving average which is this one over here. And you kind of say look generally when bitcoin is hold on let's actually escape that. Um let's let's go back here. So, let's go just quickly find a Bitcoin chart and let's go to the 200 day moving average, which is here. And you kind of say to yourself, when you get to the 200E moving average, and you hover around the 200E moving average, that's generally when you want to start buying old coins.

17:29 You buy the old coins and then you hold you hold them until you basically get up to what you believe is near the top of the cycle. And it can be a timebased top of the cycle. It can be a Fibonacci based type of the cycle. We'll talk about when actually to take profit. So the one thing here is around um the one thing here is around being able to to um to buy and to hold for the cycle but to sell towards the end of the cycle cuz what you don't want to be doing is you don't want to be holding all these tokens towards the

17:54 end of the cycle because it's a long long long round trip as you've seen even from the best tokens out there. So let's take like a token like aerodrome right aerod let's look at um aerod drrome aerod drrome USD so a e r o usd um and you say okay look if you would have bought it at in the last cycle you're still like you could have bought it at like $2 or $150 you're still only at 82 cents even though we we're in the beginning of the bull market right so the the first thing is buying and holding crypto multicycle assets

18:27 maybe not the best suggestion in world. The second thing around taking profits. So, not only do you take profits at the top of the cycle, but there are there are other times when you need to take profits, right? So, one of the other times where you need to take profits is um when you need to invest when you want to buy something outside of crypto. You want to buy a house, you want to buy a car, you've made profits, take profits, buy the house, buy the car.

18:48 Don't live with your with your um with your crypto in in in um in with your money in crypto. I'll give you I'll give you again a an example. In 2021 in the bull market we're making so much money but you know I was going to sell some Arweave and I was going to sell some Luna and I was going to use that to buy a very nice piece of property here in South Africa and I never did it because I thought let me rather stay in Aweave than in Luna.

19:13 Luna went to zero. Arweave is maybe onetenth one of where it was in that bull market and I don't own the property. If I would have just taken some of those profits and put them into property, I would have had a much more diversified, much more reliant um much more uh non-cryptorelantiant wealth, right? So, for a long time, my cryp my my wealth has been ext exceptionally reliant on crypto, which means that I'm at the behold of of one token.

19:37 Like, Bitcoin moves up, my wealth goes up, my mood goes up, my spending goes up, Bitcoin moves down, it's the opposite. So I said to you early early on in the cycle I basically said to you we'll take profits at the end of the cycle. We'll take profits to buy real world assets as well and or to diversify our profits out of crypto. There's also a third time to take profits and that's actually what's happening right now.

19:59 So I'm actually taking a lot of profits right now and I want to show you why I'm taking those profits. Right? So if you look at our portfolio, this is our portfolio over here and I mean this is as I say it's documented that this has been our portfolio since the beginning of the run. These are the numbers since we called all the tokens. Uh it's all documented.

20:18 Every single one of those these calls is in in our discord group in in in 247 research. By the way, if you want to be part of that discord group in um join us. There's a link over here. Every single trade that we make happens over here. You get two weeks for free. Uh we're going to stop the two weeks for free like pretty soon. You get two weeks for free plus you get access to the terminal where you can trade all of the ideas.

20:42 Um, here is the terminal over here. You can see that every single call that's made in the Discord is actually on the terminal and you can trade it directly from our Discord trading terminal which is like it's amazing. It's like the most fun that you can have trading. Um, and all the Discord calls are actually there. So, if you want to join that, it's free.

21:01 Uh, let me just switch this off otherwise just going to beep all the time. Um, if you want to join it, it's absolutely free for two weeks. Once you once you've joined it for 2 weeks and and you like it, if you want to stay, you can stay. It costs money, but if you don't make that amount of money just by being there, then honestly, you should leave. So try it for two weeks, see if you get it.

21:19 We're going to close the twoe free trial on Friday. So you got Tuesday, Wednesday, Thursday to sign up. Anyway, let's go back to it. So all the calls, here's all the calls. And what I did was I said very simplistically, I said, "Hold on a second. If you put $10,000 in every one of those tokens," and I didn't like upweigh it or whatever else. I said, "If you just put $10,000 in each one of those tokens, where would you be right now?"

21:42 And we're talking about two months into the bull market. So, you would have invested $220,000 and you would have had $555,000. Okay? So, you would have had $555,000 on an investment of $220,000. You wouldn't have taken any outsized risk because you got a diverse a fully diversified portfolio of really good blue chips that if the market goes down, you're pretty comfortable to hold most of them, right?

22:07 And right now, you would have had $555,000. Problem is that in crypto there are corrections. And when the corrections come they are absolutely brutal, right? On Bitcoin, the corrections average about 30%. problem is not Bitcoin. The problem is what happens to all the other tokens when Bitcoin goes down 25 or 30%. And I want to show you because the researchers told me that they made a a chart, but you you can't trust they actually made the right chart.

22:33 Um you see they just made the same token, the same charts again and again and again. Um anyway, the long story short is that when Bitcoin goes down 25%, other tokens like even Salana will go down 44% and 36% and 66%, right? And if you look at a a token like like Sooie that'll go down like 70% and 46%. So when those when those those dips actually come they are very very very very scary right yes you say okay well you know Bitcoin's only going to go down 23%.

23:03 Yes dummy but your portfolio is so many alts hardest numbers please. um your portfolio your portfolio is is is primarily altcoins which means that when you wake up in the morning all of a sudden your today you you started with 220 you go to 555 but then all of a sudden you go down 40% you're back at 220. Okay. So, you don't want to The problem is that that yes, the going is good right now and yes, altcoins are running right now and yes, our portfolio is at an all-time high right now.

23:32 But the problem is when you get a pullback, that pullback's going to be brutal. And I'll tell you what's even worse. You you make you start with 220, you get to 55, you wake up again, you're back at 220, you've roundted all these profits. Okay, that's really bad because you've roundt tripped all the profits. But let me let me even take it a step further.

23:54 What if you go slightly lower? So what if you went from 220 to 55 and then you went back to to under 220? It can happen. And the thing is that when it when it happens, it happens really fast and it's really scary. And you go from here having $335,000 in your pocket to all of a sudden going back to zero and maybe actually giving some money back to the market.

24:16 And that's the worst feeling in the world. That's called roundtpping. and you don't want to be round tripping, right? So, the worst part of it is that when the market actually does come down and you do get the 40, 50, 60% corrections in altcoins, that's when you want to buy. Problem is, you don't have any cash to buy, right? So, now there's all these amazing opportunities.

24:36 You've got a list of all tokens that you want to buy. My list has got Backpack, uh, Uniswap, Derive, Stonk, NIA, Venice, AI. I want to buy more of those because my portfolio is underweight. The only problem is that when that happens, I don't have any cash and my portfolio's gone down from 555 back to under 220. And then the problem is that when when this happens, someone says, "Yeah, bare market PTSD is so real."

24:59 Yeah, exactly. And if you get enough PTSD, then the next cycle you actually start to keep money because actually all these numbers are absolute garbage because it's not money until you've actually tried to cash it out, right? So, yes, you put in $220,000, you got $555. If you don't pull out $555,000, tomorrow the market goes down 20%. You're going to go you're going to be back down at $220,000.

25:25 So, what have I done? So, what I said was I've started to take a lot of profits. Here's how I'm doing the profits, right? I basically said the following. I said, let's take profits. We'll take the profits here. We'll say um uh let's just see what this formula is. uh I2 uh so so so basically this is assumes how much we have so this is the value of our of our portfolio so right now we invested 220 we invested 220 uh we invested 220 we've got 555,000 but then I I built a formula for taking profits and the formula I built

26:04 for taking profits was I said take what you enter tell take take what you have today less what you entered into and take 10% of that as profit. So basically, just take 10% of your profits. You get what I'm saying? So, in other words, if you've made $1,000 profit, just take 10% of that. Take $100. So, I wrote the formula and I basically said, look, take the the current value less the entry point and take 10% of that.

26:31 Now, you can make that 10%, you can make that 15%. Let's make it 15% just for the purposes of the show. you can make it 15%. And you basically land up collecting $50,000. So if you take 15% profits on the profits that you've made, so not 15% off the position, just say the following. Just say you've made all these profits in the first two months. Just take 15% only off the profit.

27:02 So on ETH, you've hardly made any profits. We've made uh $1,000 profit. $1,00 $1,180 profit. Just take 15% profit. Generally, if you do that, and you don't have to do it all at once. Whenever a token pops, like this morning, Tibet popped, I took some of Tibber uh uh cards topped, I took some of cards, right? And ultimately, what I've done is I've built myself a $50,000 um kitty, a $50,000 bucket, which I'm ready to deploy in the bare market.

27:32 Now, I've still got $55,000 in positions. I started with 220. I had $555. I've still got 505 in the positions if the market goes up. But then I've got this I've got this little column over here, which is for me what I'm going to deploy when the market goes down one day when there's a correction and derive goes down back to the 20 cents and tokens like pump go down back to 20 cents and tokens like back backpack go below, you know, 800 million total valuation, right?

28:01 and they will because that's what crypto does every single time. Number one, I'm going to have 20 to 25% of my portfolio already banked in cash. My worst case scenario, I got 20 25% of my portfolio banked in cash. But the better part of it is that I can actually use that money to deploy it when I actually need to do that. Right? So, and again, someone says he said when the bare market comes, I'm not saying when the bare market comes.

28:27 I'm saying in the bull market, you will have multiple corrections. And when those corrections come, you need to I I promise you, I promise you that when those corrections come, it is so scary that you forget that you're in a bull market. And only when you really forget that you're in a bull market, that's when the market actually starts turning again.

28:43 Right? Hardest again. Uh uh uh actually actually um actually start actually start turning again, right? So again, what am I doing? I've had a great run. I've made a fortune. I've made a like on $200,000 invested. I've made $335,000. What have I done? I've taken $50,000 off the top, right? And I've taken $55,000 off the top. And I've still got $500,000 invested and I've got $50,000 now sitting in cash.

29:10 Okay? I sit in cash and I wait. Could be a month, could be two months, could be three months, but I know that there's going to be a buying opportunity. The other thing is I may come to you tomorrow and say, "Hey guys, let's add another token to our portfolio." Look, and now all of a sudden you actually have money to add the token into our portfolio.

29:28 Like the other day I came in and I said, "Let's add radium to our portfolio." Right? And if you if if you were fully invested, where did you get the money from? You didn't have the money from, which means you never had any money for opportunity. When times are good, take money off the table and have it ready for the opportunity to invest. And yes, you'll get a bit of FOMO like let's say the market goes up another 100%, right?

29:49 Or or another 10%. Right? this portfolio will still grow by 50 grand, but you would have lost 5 grand because on the cash, so if the market goes up 10%, get this, you're still making 50 grand, but you lost five grand by not being fully invested. Now, is that five grand worth having money to be able to press the button when you want to when you want to invest in something?

30:14 The answer is definitely definitely yes. Right? And so that's why I said in the beginning of the show I said I'm taking profits now because why? Not because I'm scared. Not because I think we're not going into a bull market. In fact, I think we are very much in a bull market. And I think it's amazing to see the strength that that crypto is showing. But hell, I don't have any more cash.

30:32 And I know that there's going to be opportunities. Either someone's going to bring me a brilliant investing opportunity or I'm going to have or the market's going to bring me an unbelievable opportunity because it goes down 25 30%. And when it does, then I'm basically um I'm basically there and I'm basically uh uh ready to ready to strike. So that's my strategy.

30:54 That's why I'm taking profits, not because I think we're going into a bare market. I think we are going to have a correction. Could come soon, could come now, could come in the next month. I don't care. When it does happen, I want to have cash in my hand, right? Why do I want to have cash in my hand? Because that's that's how you accumulate more coins.

31:08 And let's say that that I I miss a couple of trades. I mean, take a coin like Tibble. we've made 3x on our money. 3x like you have 3x your money and you don't want to take maybe 10% of the profit. So like you don't want to take 10% of of of you don't want to take 10% of the profits. That's that's a bad strategy. If you if that's your attitude, that's called greed.

31:30 And when you have greed, you'll never land up keeping any of your money. And ultimately in crypto, it's not about how much money you make, but it's about how much money you keep. That's what's most important. And that's really what we're going to get right in the cycle. So that's what that's what I'm thinking. Um, let me know what you think. Let me know if you you're going to do it again.

31:46 I I I like to look at fear and greed when this happens. I look at fear and greed. What are we in greed? 74% 74 73 greed. So, we've been in extreme greed. We're back in greed. Generally, this is the time when you want to start taking profits. Um, actually want to see one more thing. Michael Sailor, has he started buying again? Because I actually saw that STRC is almost repegged.

32:03 Here it is. It's a 99.17. Almost almost repegged. When that happens, I I wonder if Sailor will actually start buying. I don't think he will because remember he's got one he's he's bought back what's it 12 billion no 1.2 billion of his ST of his own STRC tokens. Um couple of other things yesterday we spoke about variational. I know that like a couple of you actually did sign up.

32:31 Um I want to make another call for all of you guys to sign up again. What is it? It's a perpetuals deck. You can trade anything you want on here. There's Zcash, there's soul, there's there's is any is there anything we wanted to buy here? Let's actually look and see if there's anything we wanted to buy. And we can actually buy it right now on variational and I can show you how easy it is.

32:52 Is there anything right now that's a screaming buy? Okay, let me try and do something here. I don't know if it's if if they've got cards here. So, I want to actually show you how how easy it is. I don't know if they've got cards here. Cards has had a great pump. Usually it doesn't have cards. Okay, cards is one of the one one of the assets that it doesn't have.

33:13 It has most the other assets. Now, the reason why I'm so bullish on on variational is because they initially they were going to release. So, you earn it's a deck. You earn points for every trade that you take on this deck. You earn more points for trading swaps, which are the same as per but for trade stuff than trading pers, right? Cuz they want to push the swap product, the real world asset product.

33:36 The reason I'm so bullish is because they're going to announce a partnership and they're going to do their token release in Q4, which means you got another quarter to mine points here, which means that every time you take a trade here, you're earning points. You get your points every Friday. And then the points are worth between $30 and $100, right?

33:54 Which means that when they launch, and we think they're going to launch at a $3 billion market cap, then if you if you've got 100 points, um if you got 100 points, that's probably worth $10,000. So, how do you get points? You trade you get more points for trading swaps than for trading perks, but ultimately you get uh uh points for trading everything.

34:13 Um, if you use the link here, there's a link which we've you go to the the website here, use the link, use the link omniun, then you get 15% extra points, which is the most points that you can actually the biggest points booster that you can actually get. You've got about under 3 months. You got about 2 and a half months to farm points. Farming points just means you have to trade.

34:33 So, you have to trade. you trade for for the next two to three months. Every time you take a trade, instead of using Hyperlquid, use use variational. When you do, you land up uh you land up with points every Friday. Those points worth a lot of money. They're going to be air dropped. We think this is going to be a $3 billion protocol, and we think the airdrop is going to be a billion dollars.

34:53 It's a serious serious uh um it's a serious serious uh uh protocol. Um yeah, so very cool opportunity to get points, which I think yeah, do it. Honestly, honestly, honestly, just go there and get used to trading like I said every every point. Just go use the code omniun. You'll get your 15% points boosters. Also, reminder, if you are in um Europe, so only European customers, there's uh the OKX 8% deposit bonus is back.

35:21 So, OKX is one of those exchanges in Europe where you can trade on a regulated exchange, you can do pers, and you get an 8% deposit bonus. So, I'm not sure that that's going to last for a long time. It's while there's a land grab going on. So, if you're in Europe and you want an 8% deposit bonus, you can use that. And then lastly, if you want a 10% bonus, um, a 10% deposit bonus or $1,000 airdrop in any position and you want a non-regulated, nonKyc exchange, and you can go and do that on on BTCC, right?

35:49 So, three amazing offers. I would imagine that the most important offer is the variational one. the variational one. The sooner you get on there, the sooner you trade, the more time you have to accumulate points. The more points that you get, um the more points that you get, uh the the bigger your air drop will be. You've got about two months to farm this.

36:07 And they they've been teasing that this is an unbelievable uh that they've got an unbelievable partnership to share. So, definitely definitely do that. Um yeah, and if you're in Europe, go and get your 8% deposit bonus on on OKX. Uh chaps, that's it for today. I'll see you guys again tomorrow. Till then trade well my friends.