BITCOIN: YEAR END MEGA RALLY!!!!! Transcript, AI Summary & Key Points

00:03 Oh yes. Oh yes. Oh yes. Oh yes. Guys, welcome to another episode. And look at that. Bitcoin is above 80K. Bitcoin has basically recovered this massive loss from last week. And also this week, to be fair, we went all the way to 75 and this week now we're back above 80. And now all of the bullish scenarios, all the bullish narratives come out. Isn't it crazy that just a few days ago, you remember all the bearishness?

00:29 Anam went bearish. Yeah, this Jason Kalakanis being bearish. Everyone bearish all the time just a few days ago. And guess what? Guess what? Suddenly everyone now is in a way coming back. Coming back. Maybe Santa rally is going to happen no matter what. Okay. And so you understand this strategy is so important to have. you you need to have very very important uh it's very important to have a clear view of the market have your own opinion be an independent thinker that's what we've been doing on this channel I mean if

01:04 you listen to our channel you actually use your brain you you use your ears you understand that we do have an independent approach here so that we can be bearish when it is bare market last October we were bearish and bullish when a new bull market is starting since the summer since we went below 200 book moving average we're bullish and Here you have Anam calling for a drop.

01:26 Benjamin Cowan, big shout out. I guess he wants another low in Q4. Jason Kalakani says Bitcoin is going to crash. Arthur Hayes sold all of his old coins. Meanwhile, Bull Mania clarity, Bull Mania, clear strategy, clear rules. And even if you had the free free newsletter, even if you just went to bullmania.com and signed up for the free newsletter already, that gave you so much more clarity because we do live streams in the morning.

01:54 In the morning, my time and then in the afternoon I do a newsletter. So you get me live as a video as a video and then I'm in your pocket in the afternoon. So we basically cover all time zones. And if you don't have the newsletter, if you don't go to bullmania.com, you basically lose one of your one of your engines. You fly with one engine, you're a a lame duck.

02:14 Kind of like people are saying Trump is now lame duck or how you say he's like a short duck. That's you. If you don't have the newsletter, you don't want to be a lame duck. You don't want to be chicken without the head running around watching a million different YouTubes that tell you different things because they don't don't know themselves. You want clarity.

02:33 And you do get Ivan clarity. If you go to booming.com, you sign up with your beautiful email right here, you click subscribe for free. I know you guys love free stuff. Everyone loves free stuff. It's fully free. Big shout out to Guzman, by the way. Guzman, what's happening? Check, check, check, check, check. Time stamping is doing very, very nicely.

02:50 Uh, welcome everyone who's watching live. Uh, smash up the like, subscribe if you haven't yet, and let's get into the juicy juiciness of the situation right now. S&P also big fat green candle. We love the S&P. S&P held the bull trend only if uh trading view can now load our chart. Yes, here you see S&P held the bull trend. Let's look at NASDAQ. NASDAQ as you remember went into the bear and we don't like bear, guys.

03:19 I mean, you see this is the problem. We always want to be in bull. Whenever there is bare, we're out. We're out. So, we're bullish uh stock market, but S&P, not NASDAQ. NASDAQ, we're not bullish. NASDAQ, you know, GTFO, we don't like bare trend, guys. I mean I I've been telling you all the time I don't like I don't like bare trend very important to be bull in a bull trend especially in a bull market and uh yeah very simple we follow the strategy the strategy is very clear there's literally nothing too complex here with

03:47 being bullish in a bull trend and bearish in a bare trend people like oh no but should I really be bare NASDAQ if it's bearish trend yes it's bare trend I don't care super intelligence I I love AI I use AI every day I spend too much money on AI I just wrote to Elon Musk on Twitter yesterday how much money I'm spending when he's a Grogbot and that he's yeah he's going to ruin us with his with his bro.

04:11 But still you see it's bren it's bare trend so we're out. We don't care about AI not AI super intelligence all all of the marketing we're out if it is bare trend. So NASDAQ bad trend as you can see it's a lame duck. It's you know it's it's also kind of you without the newsletter Trump after the midterm lame duck. Lame duck. Maybe it goes back up again and flies to bull trend then we're going to love it.

04:34 But you see the difference with S&P for example S&P remain bull and S&P is in a very nice green formation. And the same is is true in crypto. I I keep giving you the example because people are always shocked when I say that I want to be in bull trend. Hyperlid bull trend uh lighter which is uh kind of doing the same but another project is bare. So of course want to be in hyperlquid and so on so forth.

04:58 So guys, yes, even in this shiny assets which we love, if they go bare trend, we're bearish. It's very very simple. That's it. That's it. That doesn't mean that you have to be in cash. That doesn't mean you have to buy a dollar. It means that you position somewhere where it's bullish. There are many assets that are bullish. If bull market continues, okay, great.

05:17 Your bull asset is also going to pump. Okay? You don't have to beg for your bare tragedy to come back, okay? and be stuck in this bare prison. So yeah, anyway, that's that. Now, what's very important what's very important here to analyze is uh the coming months because historically the coming months are going to be monumental monu monumental. Whenever you have midterms, looking at the data, looking at all of the previous midterms, the stock market 6 months after midterm, big valhalla, big valhalla, 10 approximately 10%.

05:51 Obviously, this is something that is likely to happen. It's not a guaranteed not a guaranteed but uh we we look at probabilities nothing is guaranteed in life it's not guaranteed you wake up tomorrow I mean if we are to be fully fair nothing is guarantee so we have to look at what's going to happen based on probabilities what's the highest probability highest probability is that we do see continuation to the upside and by the way guys uh whenever we have some kind of thing where people are worried people are concerned

06:18 they listen to good money in crypto they get more clarity and then when they feel that the clarity helps them. I have a lot of appreciation online. This guy said yesterday, if you realize if you realize it, but the fact that Ivan Tech does his market updates live streaming is key. We are in a world where pseudo market gurus record several clips in advance with different views and publish later the one that fits the narrative the most.

06:43 True. True. It's happening. It's happening. So, thank you very much for many shout outs. I mean, I received shoutouts so much. Fantastic. This guy, you called it. Yes. True. True. We called it. Very, very nice. Uh this guy credit where credit is drew credit where credit is due. Sorry guys Iotech predicted and kept cool 100% 100%. So got to be bullish in bull market and you got to have clarity.

07:05 You got to be independent thinker. That's exactly what we are. Now guys Tom Lee we love Tom Lee and Tom Lee is bullish. Well we love him in a bull market. In the bare market he's going to wreck you. Uh so we warned about Tom Lee. Actually we had a public warning about uh not listening to Tom Lee in the bear. But in the bull, in the bull, we love Tom Lee.

07:24 Listen to this. >> Uh I I think it's healthy. Um and it's kind of expected. I know a lot of people thought a blue tsunami might be bad for markets, but uh there's many reasons why this is actually a positive outcome for stocks. I mean, among them was you and Liz covered a lot of that, but one is I think it's going to force Washington to sort of now negotiate, which is a good thing.

07:47 I think that's actually healthy. But I think one thing that people haven't talked enough about is the fact that this might also take pressure off the Fed. I think the Fed now can work more independently. We don't have to worry about FOMC members doing credibility hikes. I think that's the reason why markets can also rally pretty strong. >> Uh true, true, true.

08:05 Fed becomes more in a position of calmness where you have split of power between the president and and the congress. This is going to be way more uh easier for the Fed to look at what's happening when he has two boss. Okay, if it's just one boss, okay, he's pressured. He's pressured. Now it's two boss. You have two boss. Okay, less pressure. At the end of the day, the market doesn't really care, guys.

08:36 Actually, the politics, you know, is for the pleb. That's the biggest most important realization you can have that the politics here and there affordability. Democrats speak about affordability. Guys, do you really think Democrats going to give you affordability? I all about affordability is the biggest talking point. Affordability. All the politicians, they know you got to speak about affordability.

08:56 Guys, you think anyone is going to give you affordability? Okay, it's not going to happen. No one's going to give you affordability. How they going to give you affordability? How? There's no way. Let's say you're a Democrat or a bit socialistic. What can you do? You can try taxing. You can try um some billionaire tax but at the end of the day man the freaking billionaire creates the things that everyone wants to buy.

09:21 If he doesn't create, there is nothing to buy anyway. So there's a deficit. Okay. Affordability. Affordability. Okay. But who's gonna someone has to create stuff. It's normally a business person. Normally a business business guy that needs to create stuff. Yeah. You speak too much about affordability. You take too much away from uh from businesses. There's no incentive.

09:40 Anyway, these lessons have been learned so much in the last century. But over and over again, they come back. People want more affordability. But the only way to create affordability is to have more goods and services. How do you do more goods and services? If there is a lot of supply of goods and service, you're going to have affordability. That's the that's the definition.

09:59 Okay? You need to have more goods and services. That's the only way. It's not redistribution. It's not redistribution. It's just that you can create an overupp of goods and services. Then the price of them goes down. Just like you have a shitcoin and the founder mints way more of that shitcoin, the price is going to go down of the shitcoin. You have affordability in your shitcoin.

10:24 When the supply of the shitcoin goes up, affordability of the shitcoin goes up also. Okay. The same thing with a car, with a house, you want affordability in housing, you cannot have rent control. I mean, you know, in Sweden, they have rent control. It's very bad. in Stockholm. Good luck getting apartment. They have rent control, which means that man, if you have uh a rent a rental agreement in Stockholm, you never leave, man.

10:50 You never leave. Even Even if you wanted to leave, you not going to leave because that rental agreement, man, you're never going to get it again. It's rent controlled. You have it, but you're not moving. Okay? So, there's no housing. You want housing cheap, you need to increase the supply. Think back to the shitcoin analogy. Anyway, we are apolitical or or apolitical channel.

11:16 Some people they don't know. Sometimes I say that it's apolitical but sometimes it is also apolitical. You understand? So it's a bit of a conundrum. But I can tell you that we are apolitical because it doesn't matter. I'm just trying to educate. We're more educational than political or apolitical or apolitical. Which one are we guys? Are we political or are we aolitical channel or apolitical?

11:37 So one of them we are but uh I can tell you that we are more towards the apolitical because it doesn't matter it is theatrics whoever you think is going to change your life is not a politician there is never a politician so that's it that's I just want to educate about that if you have hopes that some guy is going to give you a credibility it's not going to happen not happening never gonna happen and uh no one's no no one's coming to save you no Trump not at least for the guys on the right also they're oh Trump is

12:11 going to save us he's going to close a border I don't know man it's now it's going to open again I guess nothing nothing has changed so you need to control your destiny you don't want tax move somewhere where there's no tax you want more safety you you need to pick and choose you need to reward countries with your money that's the only way it's money talks okay money talks you want to affect something okay go there where it's uh good for you and u you reward the country with your money, they understand, holy crap,

12:41 we're doing something right. They can so you got to incentivize. You got to incentivize them. Okay, very important guys. Look here. Um now we have the start of um Democrats u being active in politics again. They've been kind of offline for the past two years. Now they're coming back. Their first cryptoreated thing is that they want to do a crypto investor bill of rights.

13:03 uh for example all exchanges need to have withdrawals within 24 hours. This is very important. Sometimes you get you get uh some delay, sometimes there is some other thing that uh is problematic and uh at the end of the day check guys. Are we back? Are we back? Some technical difficulties. Technical difficulties, but I think we're back. I think we're back.

13:36 Oh yes, guys. Oh yes. Oh yes. Oh yes. Oh yes. Oh yes. Are we back? Okay. Say we're back. We're back. We're back. We're back. Okay. We're back. So Democrats are back. Just like the internet here is back. Democrats are also back. Democrats are also back online with their first crypto regulation they want to push from the their democratic standpoint. And uh it is the crypto investor bill of rights.

13:58 So all exchanges need to uh have withdrawals within 24 hours. Number one. Customer assets need to be segregated and bankruptcy remote. I mean it's really basic stuff. Monthly proof of reserves with auditor at the station. Good. So I mean all of this is actually reasonable just like Hib is saying here. Overall sounds constructive. We have Maxim Waters.

14:19 Maxina Maxim. Maxina how you say? She's back. She's back. She kissed SBF or hugged him. I think she kissed him also on the cheek at least. I mean that's what we've seen. She's back in the game. She's going to be regulating here crypto and let's see what's going to happen guys. But we we've been through the rodeo before. We've been through the rodeo.

14:38 It is going to be uh maybe tough for some crypto companies in the US. Brian Armstrong needs to be prepared. He needs to be prepared. But you see, we're not the main target. Like the main thing is that we're not the main target. Okay. The dams are coming for AI as the number one target. Crypto crypto bros are a bit of a secondary target because no one cares about us.

14:59 is kind of the, you know, the benefit of being in a bare market. No one really cares about us. Of course, they care about Trump and what Trump did with crypto that they care about, but otherwise, you know, there's not too much talk about crypto. It's not like a big political point to go after crypto. We're in the bare. We've been in the bare market.

15:15 It's kind of, you know, got to see the bright side. We are under the radar. These damn data centers though, they are top of the agenda. So, the Democrats are going to come for all of the AI stuff. That's going to be the number one. And just like Elo is saying, crypto bros to air bros as the Democrats try to regulate their industry out of out of his existence first time.

15:34 Yeah, exactly. So top of the democratic agenda on day one needs to be to pause needs to be a pause on advanced air development, regulation of this out of control industry and a ban on artificial intelligence. Uh yeah, let's see if that's going to happen. Probably not, guys. At the end of the day, this is slogan. It's a slogan. It's a slogan. It's a slogan.

15:58 These guys, Democrats, Republicans, the difference is not that big at the end of the day for for everyday life. For for big things like this, there's also no difference. How Democrats are going to stop AI? Really? They going to stop AI? No, they're not going to stop AI. No, no one's going to stop AI. No one's going to stop AI. Is it going to be some deal?

16:16 Probably. Will they have to get paid somehow? Probably some campaign donation. I mean, no, no one's going to stop AI. You cannot stop AI. Okay, you're gonna pause artificial intelligence. What? What? What they're speaking about? You're going to go back to sticks and stones. You're going to be coding front end by hand. I remember just in 2022. You guys remember 2021?

16:37 All you devs 2022 coding like front and back and by hand, you know, some dude doing React component. It sounds crazy now. Know some dude, let me create a new React component. It's going to take five weeks. I will do like a whole system here. Ah man, I need to refactor. Then the guy needs two weeks to refactor his React component. He built React component for five weeks.

17:04 Now I need to refactor React component. Man, now with AI, this React component stuff, it's done in five minutes. Okay. And no bitching. No bitching either. I remember back in the day you had front end dev. He needs to plan. He has best practices. He has so many best practices. Even though he follows all best practice, he still has to refactor his ass.

17:25 Okay, he's refactor anyway, bro. What do you mean? You just build it for Why is refactor again? Oh no, because we need clean code, man. What do you mean? What do you mean? So you understand what the Democrats are going to go back to coding front end manually or what? What they going to do, man? What are they going to do? So all in all, nothing's going to change.

17:46 Nothing's going to change. No, no one's going to remove AI. Don't worry. It's slogan for the plebbe. Plebbea needs slogan. Plebbe is worried his job is going to be lost. Okay, he listens to Democrats. They're going to remove the oil. Sorry, they're going to remove the the uh data center. Now guys, very important. There is an exception to all of this and that's the nonconventional uh radical uh parties.

18:08 Uh that that one is a real threat. Like in case a new party is really know f all of this f democrat f republican we have the new thing here and we're going to f everything up okay then that I would take seriously if there's like a new thing that is created and they are super pissed because of AI and they're and they are growing a lot and they're radical they're very radical okay okay but Democrat you think it's different I don't think it's the same it's uni party it's uni party you think you have two parts you have one

18:40 you have one should it see some new polit bureau that is created where the player is joining so fast because they don't have job AI replace everyone okay that's different that's different but this incumbent guys I mean you understand it's uni party it's uni party it's a charade it's a charade everything is a charade with these two existing ones so that that would be interesting if there's something new created I listen but that that's just my take I'm not even political I'm apolitical I'm just telling you what I think

19:10 then you listen you don't listen up to some sometimes people are like oh no I will need to study more politics as if you know as if anyone knows as if you can read a textbook and study politics okay there is a guy in power he has one view in four years there's another guy in power like at the highest office he has a different view so you mean that one of them is knows politics more than the other politics it's it's not it's not textbook but oh no I you have to educate what do you mean educate what you mean educate what

19:37 you mean educate you tell Biden to educate. You tell Trump to educate. You understand? Feel like why we have to be educated. I tell you what I think. Everyone's views on politics is different. By the way, if you have different view, I'm not even trying to convince you guys. I'm not even trying to convince you because it's impossible. You have your view.

19:54 Good. I love you anyway. And by the way, we're apolitical. We're more towards crypto. But it is it is interesting. Now that there are midterms, we can um we can run our mouth a bit on politics. Okay? But I'm not even trying to convince you. And I love you. By the way, if you want affordability, you want that guy in Michigan, who's his name? Uh Abdul, big shout out to you.

20:13 Big shout to you. I mean, I love you also. I love you also. Somewhere deep. I love you. Anyway, big shout out to everyone. Let's move on. Oil is dropping. This is good. Oil has dropped 16 to 18% from it recent high. Brent is now back under 95. See, bullish, bullish. Doesn't matter Republican, Democrat, we will get bullishness after midterm. Okay, we need to have the view of the market based on data and the data says bullish after midterm.

20:42 And here you actually have data points. This is a big difference by the way versus like four year cycle in Bitcoin where you have like three data point here with stock market bullish after midterm. You have like 80 years of data points. So it's a bit different here. Um South Africa when are you adjusting fuel price? Says this guy. I guess he's from South Africa.

21:00 Yeah. Um look here uh let's go through the strategy briefing and this is something I also linked in um in uh Bullman Discord. So you guys should should have it if you want to read everything yourself. But here is the big picture. Uh Wall Street buys the democratic sweep. Wall Street loves that uh that is over all of this election. Uh the everything AI related when it comes to the infra is not doing well.

21:23 That's why NASDAQ is dumping. But things like for example Apple uh Microsoft like the big dogs the big dogs they're doing well. Uh this smaller ones let's actually check like core wave. What kind of wreckage is there in core weave? Uh core look here. Ora be careful be careful be careful core wrecked. Willy wrecked. Uh let's actually see some other stocks here.

21:55 you have Robbo strategy. So this one is uh is that company that buys that invest in private markets for robotics. So it's it's a bit outside of this AI infra SanDisk wrecked since the bare flip stay out. Alab wrecked since the bare flip once you have bare flip guys you got to be careful I mean you see yourself even if sometimes it looks like it's kind of coming back kind of coming back still riskreward is not good if it's bare trend okay sometimes it flips bear and people oh but Ivan it come back see this one came back

22:25 here in August people saying Ivan it it's bare flip so but it's coming back so bare flip was bad listen take it easy because number one it's not bull flip yet and at the end of the day there are other things that are in bull trend that you can still participate in why be so stubborn to hold something in in bear and listen it may come back to bull it happens all the time something goes bare then goes quickly to bull it happens all the time it's it's it's not a some kind of uh exception happens many times but then it's

22:54 just the cost of uh insurance if you have uh bare and then quick bull that you're going to you're going to be entering a bit higher than you exited but that's the cost of insurance and in many cases it goes bare and then keeps falling so that the bull flip actually goes below bare flip you So that's something to keep an eye. Intel collapse. Be careful.

23:12 Be bare trend. I 36% since the bare flip. Then people ask me, I why are you not in bare trends? I mean, I'm just telling you here. Um Micron here is a good example where it's kind of it's been around the uh coming back coming maybe it's going to come back and then nope, not going to come back because it's bearish. Not going to come back. Uh Marvel what's happening?

23:39 Boop down. AMD down. Oh yo yo yo AMD be careful guys. Uh I know there are many people bullish AMD but it is bare trend. So AMD we got to be careful super careful. It was good bull trend since April. Fantastic. Uh no need to milk it more. It went 168%. Bren is bashan. So we're careful. Um Broadcom bare trend. So as you can see many things are in Band.

24:06 Nvidia just went bare trend Amazon. Amazon. What will happen here? By the way, here's an example. If it goes to bull, then this bare flip quickly goes to bull. Uh, it happens. It can happen. Uh, but it is still bare. So, let's see what's going to happen. U Meta just went into bear. So, actually all of the tech is not really looking too great, guys. Google Deep Burchchan here.

24:29 Deep Burchchan. Tesla bullish. But since Trump, let's see if we can hold the the bull uh the bull position. Uh since the Trump bit problematic, Palanteer is still bullish. Maybe Palanteer, you know, surveillance always going to be needed, especially in in a more digital world, you need more surveillance. Bullish surveillance basically, okay, with all of the AI, you need surveillance.

24:55 SpaceX still technically bull trend, but on SpaceX weekly is too new of a chart. Daily is better and daily is going to bear. So yeah, you see that's why NASDAQ is not really holding up too too good. Uh NASDAQ, that's why NASDAQ itself, you see, all of this translates into what? Into NASDAQ being bare on the weekly also. Uh all of this together does the translation.

25:15 Meanwhile, S&P is not that connected to tech. It's it's massively connected to tech, don't get me wrong, but it's not only tech. So that's why NASDAQ is now pushing to bear. S&P is very close to going to alltime high. And actually, it's gonna is going to open today even higher. and it just needs 2%. And it did 1.5% yesterday. So, it just needs like 2% and it goes to alltime high.

25:39 So, this deviation between S&P and NASDAQ will be interesting to uh to see. Uh for now though, um it's strong as hell. Strong as hell. Uh let me actually see. Let's check Bullmania AI. Why is S&P 500 holding up so nicely while NASDAQ uh falls? uh what sectors within S&P 500 are pumping now? Let's see a breakdown of what is holding up S&P and actually pushing S&P to to new highs.

26:15 Um so yeah, all in all, I think we got the guys. Let me just quickly see here if we miss something. Democrats probe, they prepare probes into Trump script ventures. This is going to be important. Bloomberg and FTC report, Democrats plan aggressive investigations into Trump crypto ventures. Oh guys, World Liberty Finance, they're gonna come after you.

26:37 And it's interesting, maybe here, Elizabeth Warren can collaborate with um Justin Sun. Wouldn't that be crazy if Justin Sun works together with uh Elizabeth Warren? Have you guys Have you guys been following the story of Justin Sun and uh and Trump? Because they have a big problem. They have a big problem. Justin Sun and Trump. They have massive massive problem.

27:04 They're suing each other left and right. Look here. Um last night my attorney filed a motion with the court seeking sanctions against World Liberty Financial. The reason it only disclosed so he he writes here about a technical thing where he sued World Finance. They incorrectly disclosed their ownership which basically made him sue them in the wrong venue and now he needs to resue in another venue.

27:28 You can read more but in general Justin Sun has a big story uh against uh world financial and you know the enemy of your enemy is your friend. So which means that Elizabeth Warren and Justin San are friends. You understand? Justin San and Pocahontas they're one. They're one. So you you you can um let's see Justin Sun world liberty or why am I typing like a Neanderthal?

27:58 Let me just ask our beautiful Bulmania AI to explain to us the whole story. Justin Sun, tell me about the conflict between Justin Sun and World Liberty Finance. Let's see. And by by this new design we have in in Bullmania. Fantastic. Fantastic. I love it. I love it. Uh by the way very soon uh we are going to move the money scanner also to to our bull mania uh to the new to the new platform.

28:37 Okay. So that's going to come here. So let's see what what's holding up. S&P is holding up better than NASDAQ right now because the market is rising hard out of uh AI. Yes. Into a much broader set of sectors. Yeah. A bit of everything. Bit of everything. Uh so here is where diversification is good. Okay. Consumer discretionary, you have this one doing well.

29:01 Financials doing well. Communication services doing well. Consumer staples doing well. Real estate doing well. Steady defensive. So it's it's a bunch of stuff. Healthcare financials. Okay. Uh QU down S&P down 3%. Healthcare is up. Exactly. See here over the past month, healthcare is up 14%, financials 11%, tech is down 12%. So here is where you wish you would be a bit more diversified.

29:33 See the plebe doesn't want diversification. When something is pumping, doesn't want diversification. When he's think he's all in at is not doing well, then play is thinking ah man should have diversified. When plebe enters, he doesn't want stop-loss. He thinks that stop- loss is going to hurt his gains. Then when Plebber loses 90% of the portfolio because of a crazy bare trend he never intended to be in, then he thinks, "Man, stop loss was good.

29:57 Stop loss was good." I see it with new members. When new members join our community, they're like, "Ah, man, stop loss so bad. Stop loss got me out." They're crying. They're crying. Then as they learn more, they understand, "Holy this thing went down another 80%." And Mr. Stop-loss, thank you, Mr. Stop-loss. Thank you very much, Mr. Stop-loss. You saved me.

30:17 You saved me. Very good. And also if you manage risk for example you calculate your risks position size stop-loss you're not that worried you can actually take uh ris take bets and okay you want higher risk you could have stop loss more more loose just have a stop just understand your risk understand that your risk is capped and be at peace with your downside see the reason why people are holding so much in a downtrend they're losing 80% 75% they hope and pray in this mental prison that their sh is going to come back

30:47 the reason they are there is because they never came to peace to the potential loss at the start of the trade. So when they start the trade, they enter the trade, they never even consider their brain cannot conceive the loss. Okay? Which means that the loss is unlimited. They never pull the trigger and exit the losing position because even the smallest loss, they haven't come to peace with it, which means that it's uncomfortable to act on it and close the position.

31:14 When you create a position, you should define your maximum risk and then come to peace that that may happen. It may happen. It's a real possibility that it happens or a re or a real risk that it happens. I mean, that's the definition of risk. Even with the best risk management, even with the best trading, you're still going to have losing trades. It's part of any system.

31:39 The best investor, the best trader in the world, they have losing trade. Okay? So when you enter position, define your risk, define stop- loss, ensure that you are at peace with that stop loss hitting. It's it's a real possibility. Then okay, no problem. No problem. You're never in a position where you hold something down, you know, 80%. Anyway guys, go to bullme.com, sign up for the free free newsletter right here so we can give you updates as the market evolves.

32:05 So uh how did we get into this? Oh yeah, we spoke about diversification. Deriscation is similar. Uh I mean S&P is now really showing that it has comparable returns to NASDAQ. Obviously lower when when tech is pumping it has lower return than than NASDAQ but now for example it can sustain in bull a bull trend and the best thing you don't have to pick and choose.

32:24 As soon as this thing goes bare you can migrate into this thing that is still bull. So you don't have to pick and choose. A valid strategy is also that you ride the let's say the tech trend and it goes bear. Okay there's another trend that is still bullish. It's not like you have to you have to miss out everything. There's another misconception. So guys, uh that's that.

32:41 Uh NASDAQ holding up quite nicely. Healthcare financials holding it up. Good, good, good, good. And now let's speak about what happened to our dear Justin Sun and his fantastic coins that he doesn't have access to. So Justin Sun versus World Liberty Financial. This is the story. Uh it's a follow that has been going on now for I mean months, months. uh in 2024 uh Liberty Financial was still trying to get traction.

33:12 Justin Sun stepped in as one of its earliest and largest external backers. Okay. In November 2024, he agreed to buy roughly 30 million of uh tokens. He later increased the total to 45 million. He was named an advisor. Marketing at the time emphasized an American DeFi project, but he's Chinese, so I don't know how that makes sense, but okay. Around 2025, an Abu Dhabi linked vehicle reportedly took a large stake valued around $500 million.

33:41 When WY Finance began trading more openly around September 25, Sun's position carried a large theoretical market value. But things turned for the worse. Why? Because World Finance restricted Justin Sun's tokens. They basically froze froze his co his his coins accounts deeper on the trigger. Sun said he was testing a transfer including to uh to hu the project has pointed to alleged terms violation.

34:16 Unlocked tokens were frozen. Locked holdings were affected. Okay, there you go. What kind of violation term violation did he do? We need to double check that. We need to ask that. So in on April Sun sued on in in April this year son sued world finance trying to get the money back. Counter suit word fin sued back. Okay. It accused son of a scorch earth pressure campaign.

34:48 Alleged improper token transfer. Uh so yeah let's see here exactly. I I'm very curious guys. I'm very curious what happened. Now, what is that? What do they claim Sun broke in terms of the in terms of the terms? Let's see. Let's see what uh what what it says. In the meanwhile, let me show you uh if you are a Bulmania member, you love the money scanner.

35:18 The money scanner, you love it. And the money scanner is now going to come here into the uh into the bulmania website into our unified experience as we call it. It's going to be fully unified everything in one one page. We're still working on it but it's done like uh today basically uh it's it's almost done. So, you're going to have the money scanner just like you love it, but inside the Bulmania website with all of the different things like uh Bulmania AI, the courses, also my markets.

35:52 So, now you have you have this one uh place where all of your positions are here is also going to be the trading journal. And when you click here on this plus then is added. This ass is going to be added to your portfolio in my markets. Uh dark mode. You love dark mode. There is dark mode. Light mode. You love love love light mode. So yeah, all of this is is now going to be in one single website.

36:15 It's gonna be fantastic. Fantastic. So all of this basically means that full integration across everything whether it is uh your positions, your trading journal, AI, minus scanner. So nice everything in one. Uh so let's check here with uh what happened. Are you still thinking? Okay, let's see why they say that he broke the terms and then we can discuss that.

36:44 Bulmani is thinking looking for the latest latest latest updates. So while we're waiting, let's go to Q&A. action needed from you is to subscribe fully free to like pull free to go to bullmay.com and sign up for our newsletter also fully free that's that does that so and say say thank you to Guzman world liberty financial says Justin son breached the token purchase agreement token unlock agreement and publicly available terms of sale mainly through prohibited transfer First straw purchases for uh okay and short selling

37:30 activity. Interesting interesting interesting interesting interesting interesting is Justin San not fully clean with uh the accusations that that are being brought against him. Let me put myself back here. So we we have an answer here what they claim. Um so basically if you have a buyer of the coin according to the agreement he cannot then resell his coins his locked coins his locked location he should not be able to resell.

37:59 So they they are saying that he resolved. Okay. So shortly before around September 1st Wing to Sun moved tokens and related large USDT flows and and uh I guess received USDT. son resold. He resold the allocation. They say word finance say any transfer that violated the lockup transfer restrictions is null and void. But did he get the refund? Did he get get his money back or no?

38:27 I guess yes. If the agreement is void, then he should get the money back. But uh uh I suppose the tokens are worth 10x more than what he paid for them. The token unlock agreement and terms of sale explicitly let borders finance in its sole discretion decline to unlock, restrict access or freeze the wallet. There you go. Contrary to representation made to world finance, Sans entities allegedly acquired certain tokens on behalf of investors via intermediators.

38:57 There you go. Short selling or similar bets against world finance. Uh yeah, there you go. That's the fight. Who's right? Who's wrong? Who the hell knows? But Elizabeth Warren probably would like uh a meeting with Justin Sun to see maybe there is some collaboration opportunity. Maybe there is something there that they can work on. Let's see, guys. Let's see.

39:27 Ivan, UK News is coming out in 15 minutes. Oh, you mean like the rate hike or what they going to do, guys? Let me ask UK news. You can use today it's rate high rate rate decision I mean that's what I heard you know some guys you can use it doesn't matter I mean it's a it won't matter you think know you know we covered Brazil the other day Brazil this and that or is the budget what are you guys doing there uh yeah it's Bank of England they're going to do some rate now English guys you were you had a key role in the

40:02 world like in the 1800 now yeah what you It's everyone knows is moving away from London. Uh Seoa moved away. Okay. Seoa moved away. Yeah. Yesterday. I just saw UBS has cutting jobs. So, okay. They hike. They do this. They do that. That's it. Okay. Yeah. They're going to hike. They're going to hike. Why are you so exc I mean, listen, I'm just confused.

40:32 Why you're excited? Why so? I sound the guy's like, "Oh, I'm on in 15 minutes." So, so what? So what? I mean, what what's the what's the urge here? UK news. Okay. They're going to hike the rate a bit. Okay. Inflation. Yeah. Don't worry. Basically, don't worry. It's unimportant. I mean, for us, for us, if you have a mortgage in the in the UK, then it's important.

40:58 You're going to pay more in mortgage. for us international investors looking at crypto market looking at S&P this thing what UK okay okay Bank of England doesn't matter too much okay maybe if you have some investments in UK okay uh so there's a decision today base case next is that they're going to hike a bit first hike in over three years it's always a price Exactly.

41:32 So, it doesn't even matter because it's already priced in. It's It's already priced in. That's it. Since the British Empire UK, I I don't know what's happening here. Where Where is Queen Victoria ruling the world now? What's there? Uh, how is the guy doing? Rupert. Rupert. Love. Is is his name love? Rupert love. He's going to fix it or he's not going to fix it.

42:07 What's up? Okay, guys. And yeah, he's not going to fix. He's not going to fix or maybe he will. We don't know. So, locked in five-year mortgage deal during the summer. Thank God for that. Yeah. Yeah. I guess it's good. But it's super high rate. I mean, it's also super high rate. So, yeah, it's good that you you're not going to be affected by this, but you already paid too.

42:43 Like, you know, when you lock in a rate, you normally have to pay more than the variable rate. So, you lock it in. So, you already pay more because the bank the bank is not going to give you free lunch. They they they price the locked rates so that if the rates go up, they still going to make money from you or at least there's a good chance they still make money from you.

43:04 Uh even if you locked in. So if you locked in, you already decided on a higher rate than variable rate. Uh and yeah, if it continues just, you know, climbing and climbing and climbing and climbing, then yes, it's good. If it just, you know, now they maybe increase a bit and then uh they decrease in the future, then it's it's not necessarily good. I see there's no clear uh there there's no clear the answer here is good is not good.

43:31 What was good is to lock in when interest rates were basically zero. That was very good to lock in when at at that point. Now you know it's they're quite high anyway the rates uh for the past three years, four years. Uh but yeah, banks normally even if you lock in your rate, they still make money because they price the lock in rate so that with highest likelihood you still going to pay enough and it's not going to be free lunch.

43:56 Okay, there is you you basically pay more so you have less risk and the bank is pricing that so that uh likely they're still going to make money. Okay, they're still going to profit from your ass. So it's a kind of financial markets. you buy an option, it's a price. There's a price to to remove your risk. And yeah, of course, if if the rates keep going up like this, fantastic.

44:22 That's a very good decision. Uh why does Hyperlid need L2 for Gazi? I don't know, bro. I don't care to. They have an L2. L2 for guys like Elium for ETH. Understand? ETH also doesn't need L2. There's no need for L2. If doesn't need L2, Sana doesn't need L2. So there's no need for L2. There is a need for L2. Maybe if you know if there's a new project, they want to they want to raise money.

45:00 They want to say that they are like hyperlquid L2. Okay. accelerating. Look, accelerating. They're they're saying they're accelerating hyper. But really, what are they accelerating? Oh, look here. They're going to make it like this. All of the tech gigs are like, "Oh, it's a space the space thing, space uh space platform where goes around all the tech gigs going to be salivating, guys.

45:45 Uh I I think it's mainly for the bull market kind of hustle, which is fair. You see, it looks like an ICO website. Oh, hyper EVM is so slow. Look at how fast we are. Like 2017 Oh, look at our coin. Look at the big coin. By the way, it may pump like in the bull market. This kind of um fugazi is going to be very good. Now, maybe it is good like I don't know.

46:10 I'm just I'm just telling you quickly here. Is this endorsed by Hyperlid or no? Who is following Hype Engine? is hyperlquid following it and uh or conduit who's going to do the infra all of the L2 for guys is this guy is doing infra yeah maybe it's see I don't see hyper liquid following it but you see in the bull market it's going to be it's going to be good anyway in the bull in a bull market is going to be pro probably going to be good anyway.

47:03 You understand? So don't worry. Bull market is bull market. Just look at the trend. That's it. That's it. Don't worry too much. Is it needed? Is it not needed? It's not it's not the it's not the key question. Guys, that's it. Thank you very much. We're at 50 minutes. Big shout out to Guzman. A lot covered today. Okay, let's see if we get the Santa rally or not.

47:28 Smash the like, subscribe, go to the newsletter, bloom.com. Uh, in the afternoon, Ivan is going to be in your pocket. I will be there writing. Have a good day. Smash the like and goodbye, guys. Goodbye. Goodbye. Bye.