Crypto Investors, You MUST Deploy Capital Before The Midterm Elections! Transcript, AI Summary & Key Points

00:00 Okay, even though I'm not convinced that this correction is over, I'm not convinced that the Bitcoin correction is over. We're coming to more realistic levels on the fear and greed, which is what I'm looking for for this correction to be over. I am going to be deploying capital in the next 24 hours, and that's what I want to talk to you about today.

00:16 I want to talk to you about why it's important to deploy very quickly in the next 24 hours. And of course, the topic in the next 24 hours is the midterm elections. As it stands with the midterm elections, there's a 72% chance that the Democrats are going to get a clean sweep, which means that they're going to win the House and the Senate. And if you dig slightly deeper into those numbers, you can see that there's a 72% chance of a Democrat clean sweep.

00:41 There's a 95% chance the Democrats will win the House. And then there is a 73% chance that the Democrats will win the Senate, right? And so this is where the opportunity may come in and why I think you need to be deploying capital. There's two scenarios where I think you should be deploying capital. One of them is a more long-term scenario and one of them is a more short-term scenario.

01:02 And I want to discuss both of those scenarios here today because I think if you miss the next 24 hours, I guess in 24 hours the voting actually starts. So I think you need to deploy within the next 24 hours. If not, then you may actually miss the opportunity of deploying into the midterm elections. So this is all about how to trade the midterm elections and why to deploy capital.

01:25 But it's short-term and long-term capital. So we're going to be covering all of that today. So it's going to be a big show today. I haven't done one of these fast-paced 24-hour-based shows in a while. So I'm actually pretty excited to do it. Let's get the show on the road, guys. Let me know in the comments if you plan to trade the midterm elections.

01:48 Let me know if you plan to trade the midterm elections. People are talking about short-term buys. Yes, someone says the casino is open. Yes, the short-term one is a bit of a casino. It is a bit of a gamble. I won't lie to you, but you know, you have to take a view. And if you're right, if your thesis plays out, then you'll end up making a lot of money.

02:03 And this is basically where I think the opportunity actually lands up being as it relates to the midterm elections. The opportunity starts off by the fact that the Democrats have got this clean sweep and that the Republicans, as per the pundits, as per the polls, as per the sentiment, the Republicans are basically out of this race completely. That's where there may be an opportunity, but we're going to dig into that opportunity in a couple of seconds.

02:26 All right, let's get this show on the road. Let's talk about this video that I made 14 days ago. Do you remember 14 days ago I made this video? And a lot of people were laughing at me when I made this video. I said, crypto investors, you have 14 days. It was this video over here on the channel. So if you go here and you look at the videos, I said, crypto investors, you've got 14 days here.

02:47 When I made that video around 14 days ago, a lot of people were like, how can you say that? And there's not going to be volatility. And I basically broke down the fact that I think that between that video, which was made exactly 13 days ago, and today, there was going to be big volatility. And the volatility was going to be centered around effectively three things.

03:08 It was the contentious things that the Democrats were contending against the Republicans. And so those three things that I specifically singled out in that video, I said the places where we could land up seeing volatility is one, we could land up seeing volatility in the AI stocks. And the reason why we could land up seeing volatility in the AI stocks is because the Democrats and the Republicans differ on, have different views around AI, right?

03:32 So the Democrats are much more conservative, they want to limit AI spend, they want to limit data centers, they want to put moratoriums on spending, etc., etc. And the Republicans obviously are much more right-wing and they're much more capitalist. They want more progress effectively in AI. And so what I warned was, I said, in the next 14 days, you will get a lot of volatility when it comes to AI stocks.

03:52 And you will get a lot of volatility as it relates to AI. And that's really exactly what happened, right? So what you've seen is that the NASDAQ since then has come down about 10%. But that doesn't tell the whole story. If you look at Friday, if you look at the NASDAQ's Friday move, I think the NASDAQ moved down 4% or 3.5% on Friday. Now, remember that the NASDAQ is only measuring the big stocks and a lot of the moves actually happen in a lot of other stocks, right?

04:18 So, if you look at like Google, for example, which is one of the biggest stocks, if you look at like the top to bottom, in fact, let's not take, let's just take the 14th of October to where Google is today. So Google is down 21% because of the whole AI narrative. Now, the AI narrative here with Google is that the CapEx is too big. And with Google, it's that their business model is being disrupted by AI.

04:40 But then there's a whole lot of AI stocks that have also been here. Look at Intel. Intel also since the end of September, the beginning of October, is down, I think, about 50%. So that's had a correction of about 50%. And if you look at the rest of the AI sector, effectively the AI sector is taken a massive hit. So as Mr. Bullerish says, $3.46 trillion was wiped out of AI stocks in October.

05:04 Intel down 43%, CoreWeave down 40%, Nebius down 36%, SanDisk down 33.4%, Seagate down 30%. And you can see that the list basically goes on and on. Now, as Jim Bianco says, he says, where AI stands after Friday, the seventh largest sell-off in the last two years. Okay, so after rallying 500% since ChatGPT's launch in November 2022, we've now had the seventh largest sell-off in the last years.

05:33 And I don't know if the sell-off is finished quite yet. What I did know is that there was going to be volatility, and the volatility is around the friction between the Democrats and the Republicans. You do know that the Democrat Party, which has become a very extreme Democrat Party, is very much against data centers and stuff like that. I mean, I read this tweet from Bernie Sanders on the weekend.

05:59 I mean, it blows my mind how people vote for people like us. But, I mean, he wrote this. He said, instead of building more data centers, which 66% of Americans oppose, I have a better idea. Let's build 7 billion affordable homes and apartments. Let's build more hospitals, schools, and daycare centers. Let's create an economy that works for all, not just for the top 1%.

06:21 Now, I tweeted and I basically said, look, I don't understand how these people think. Why? Because if you don't build the data centers and if you don't progress when it comes to AI, which is going to be the biggest productivity generator of our time, right? Then where are you going to get the taxes from to build all these affordable housing and apartments and daycare centers and stuff like that?

06:43 The only way, the only two ways that you can do this. One way you can do it is you can fund it via tax revenue. And you're not going to make the tax revenue if the productivity doesn't increase. It's like breaking news. You're not going to make the tax revenue if the productivity doesn't increase. Or if you want to print money. And either way, I mean, printing money is quite a bad way out of it.

07:04 So I did warn you that there was going to be volatility when it came to AI. So far, we got the volatility. I'm not sure if the volatility is finished. We'll talk about that in a couple of seconds. The next place that I warned you that there was going to be volatility was, I said, war-related stuff, and specifically as it related to oil, right? And as you can see, we got exactly, exactly what we bargained for when it came to oil.

07:24 We've been going, I said to you at the time, I said oil is about to break out of this wedge. It did break out, it went all the way to 120, and now it's coming back down here, because again, this is part of the friction points between the Democrats and the Republicans, right? The price of oil, which is directly related to the war, is one of the friction points between the Democrats and the Republicans.

07:46 And what you saw along the way here, we know that the Democrats want to end the war. So he said basically if the Democrats come into power, the first thing they're going to want to do is basically end of one. Ro Khanna actually defended that. I mean, if you listen to what he said yesterday, try and play this for you. Would you defund U.S. military operations while we have assets in that region?

08:08 I would stop the funding. The House and the Senate should stop the funding for any further actions in the Iran war. Say day one. Does that mean defunding operations? Would you defund U.S. military operations? So they want to defund, so remember if the Democrats win the House and the Senate and they're going to win the House and, well, currently, I'm not saying they're going to, I'm saying currently, when you look at the odds say that they're going to win the House and the Senate, they're going to defund the war.

08:34 Now, the Iranians know that, right? Which means that the Iranians have obviously put up a big fight to try and make Trump look unpopular so that the Democrats win the House and the Senate so that then, therefore, the war on Iran can be over and they can negotiate presumably under the Democrats. Now, there's obviously been a lot of friction around the war.

08:58 We've had, just this weekend, we had Tucker Carlson, who came out and basically said that under pressure from the Israeli prime minister, the Trump administration may be launching a nuclear strike on Iran in the next couple of days. So, I mean, this is where it is. At the same time, they were talking about potentially a peace deal. So they were talking about Iran says the Strait of Hormuz could reopen within 48 hours as oil continues to surge.

09:21 One of their ministers came out and said the plan reached with Qatari mediators depends on the U.S. meeting Iran's conditions and they list a whole lot of different conditions. I'm not even going to go into it because there's so much up and down on this war negotiation. All I wanted to show you was I mentioned to you there was going to be a lot of volatility ahead of the elections and there was a lot of volatility.

09:41 The last place where I said to you there's going to be a lot of volatility was crypto. And again, the reason why there's a lot of volatility around crypto was because Trump ran on a pro-crypto promise. Trump and his family also made a lot of money in crypto. And so the Democrats are going to go for crypto, right? We know that they weren't very friendly towards crypto when they were in power.

10:05 But how much more so now that Trump is pro-crypto? How much more so are the Democrats going to be against crypto? So as it says here from the blog, crypto braces for potential shift in congressional oversight after midterms. And that's why we wanted to get the Genius Act passed, sorry, the Clarity Act passed before the Democrats won the House or the Senate or both the House and the Senate.

10:28 So we had a lot of volatility. So since I told you that, which was about here, we actually have had a lot of volatility. That was at about 84,000. We've already come down to 77,000. And I mean, we've had a lot of volatility, but I don't believe that we're in the territory where the correction is basically over, right? I don't think that we've seen enough of a correction.

10:54 And the reason why I say that is because I said that a correction, a crypto correction is supposed to shake out any kind of exuberance in the market and really change the perception in the market. And I don't think, I mean, this is the first time that we're anywhere near fear. And this is primarily as a result of the Binance hack. So because we had the Binance hack, one of the things that happened, which was pretty strange around the Binance hack was, if you think about the Binance hack, theoretically, no U.S.

11:22 citizens should have been harmed in the Binance hack. Because, I mean, A, Binance carried all the losses, but B, Binance doesn't operate in the United States. And because it doesn't operate in the United States, generally you would expect that it would have no bearing on the U.S. It certainly wouldn't be an FBI matter and certainly wouldn't be a matter for Trump.

11:42 But you're actually getting Trump very much talking about the hack. I mean, the hack with finance, we're looking at that. And do you think any of that money will be caught back? Well, they say they're going to get it back and they're saying they're guaranteeing it or something. They are. But no, it was a hack. That's the problem. You know the old-fashioned way when you used to sign a check?

12:06 Yeah, take that. So Trump's talking about the Binance hack. The FBI, I mean the FBI is releasing information advising the Democratic Republic of Korea was responsible for a theft of more than $6 billion. So now the FBI is also investigating this, which is kind of strange because it doesn't affect any U.S. citizens. It's not even in the United States.

12:26 It's not a U.S. entity. So it's kind of strange it's happening, but it is actually happening. In the meantime, the markets are cooling down. And they're not at extreme fear where I want it to be for me to say that we're at the end of the correction. But we are starting to cool down. You can see that the trenches are cooling down. They're getting quite cold now.

12:49 The trenches for me is a very good indicator. If you can shake the people out of the trenches, that's very good. You also want to shake the people out of the non-trenches or the normal market, which is where we're at. We're starting to get signs of the cooldown. Okay, now, we're not at the points that I want to be, and I'll show you the points that I actually want to be.

13:09 But we are getting signs of a cooldown. The first thing that we're getting is, if you look at the Coinbase premium, now remember this is what American investors are paying for Bitcoin and usually institutional investors. You can see that the Coinbase premium has basically gone down to one of its lowest places, which means that demand in the US has pretty much dropped quite a bit.

13:32 That shows that we've scared away the tourists, that people are getting scared, and that people aren't really buying on Coinbase. And basically, if you look at every other time that the Coinbase premium was down here, that was like a bottom. And if you look here, that was a bottom over here. And here also, if you look at when the Coinbase premium became stretched, that was a bottom.

13:51 So we are starting to see the signs that we're bottoming. I'm not 100% convinced that we are bottoming just yet. I am seeing this measure called the seller's exhaustion constant, which basically shows you when the sellers are getting exhausted, right? And let me see if I can just get rid of that. I don't know. There we go. So if you look at the seller's exhaustion constant, here, let me get rid of that long-term holder as well.

14:15 You can basically see that if you look at here, the sellers got exhausted and basically the market starts moving up. If you look here, just after the sellers got exhausted, the market starts moving up here again. So the sellers are getting exhausted. They're not as low as they've been at real pico bottoms, but generally sellers are starting to get exhausted, which is a good sign.

14:35 Remember, what we're looking for is we're looking for a change in behavior. We're looking for the market to shake out the beginning part of the cycle and to bring us into the next part of the cycle. And that's really when I said to you that I'm going to start deploying. I said to you guys that I would start, you know, that I thought that in order to get us from where we are now to like low fear and greed, we'd need to see some different or some more movement on the price levels.

15:01 And I said to you guys, that the bull market support band, which is, I mean, granted, it is a, okay, so if you look at, let me just quickly just show you this, the bull market support band, here it is, it's a range, but if you look at the bottom of the range, that bottom of the range is at about 72, and I can tell you, I think that that's more or less where we'll go before the end of this correction.

15:25 So there's still a little bit of a gap here between 77 and 72. If you look at all the different things like the 50-week SMA is at 75.5, I think we pretty much, I think we just kissed that actually. Did we just kiss that? We just missed it. 75.5 to 76.2 that we hit with the Binance hack. If you look at the 21-week SMA, that takes you to 73,000. So I think between 72 and 73,000 is effectively where we need to land up.

15:55 If you look at the 200-day moving average, which is quite a significant level, that's at about 72. So that's kind of what my thesis is, that we are going to start coming down a bit more, which means that there is a gap between where we are now, which is 77, to like here. And that should take us to what I believe will be the end of the correction. If that happens, then we would have dropped about 11, we would have dropped about 15, 16%, which to me is exactly where I want it to be for the end of the correction.

16:23 So, if I believe that we're not at the end of the correction, why do I say that you should be deploying money now and within the 24 hours? I think that's really what this whole thing comes down to. And the answer effectively lies in a short-term deployment and a long-term deployment. I'm going to talk about the long-term deployment first. As it relates to the S&P 500 and the long term, what we know is that every single midterm election year, if you invested in the midterm election to the following year, June, you got

16:55 amazing returns, which means that we're in the midterm election, we're going into the midterm election tomorrow, and historically, no matter how you invested, you did very, very well going into the midterms. And that's probably because every year before the midterms, we basically get a correction in the numbers, right? So every year or every midterm year, we get a correction, sometimes 10%, 20% in the S&P.

17:21 If you look at the S&P this time, we haven't had much of a correction, but there's been a massive tech correction. So if you look at the NASDAQ is probably down about 10%, exactly 10%. The S&P 500 is not down a lot, but if you look at the constituents that fall under the S&P 500, there you'll start seeing them down a lot. So the S&P 500 itself is only down 2% or 3%, but we've had a massive AI correction, which is really where all the returns came from in the cycle.

17:50 So we know that generally investing during the midterm elections or in the midterm elections is a good time to invest. We also know that for Bitcoin, that is usually what brings a last leg down, right? So you get the midterm elections, you get a last leg down, that's usually the end of the correction and then we basically start moving up again, right?

18:09 So I think there are long-term opportunities. I think if you ask me by June next year, I think that Google will recover from where it is now, this $284 level. And I think that Intel or CoreWeave will recover from these levels. I think as it relates to S&P, in the long term, we just know that broadly, it's good to place some long term bets during the midterm elections because generally by next June, the prices are higher.

18:37 So we've had a good correction. Specifically, the correction has been very much an AI correction. And generally, you want to start investing now. You don't want to wait. Again, I'm using some examples, but you can use any example that you want. CoreWeave from the 1st of July is down over 50%, over 70%. So it's 70% down. Now, look, could CoreWeave go insolvent?

18:59 Yes, it could, but will it go insolvent? I don't know. You've got to place your bets. I think the bigger opportunity though is in the short term. I said to you in the beginning of the show, in the next 24 hours you have to deploy for two reasons. One is because of the elections and two is, I'll show you the second reason towards the end. But let's talk about the reason to deploy before the elections, right?

19:26 So here's the thesis. The thesis is that right now this is what the market is pricing in. a Democrat sweep. It's pricing in that the Democrats win the House and that the Democrats win the Senate. That is what the market is pricing in. And a Democrat sweep is a very bad situation because you've got the Republicans, you've got the Republicans in the presidency, but you've got the Democrats basically holding the power everywhere else.

19:52 And then it becomes very, very hard to make decisions, right? There's deadlocks all the time. And it just becomes there's subpoenas for Trump. There's things that can't get passed, et cetera. So it's not good for markets. The other thing is that Democrats aren't good for markets, period. They're not good for AI. They may be good for oil coming down, but they may bring an end to the war, which may bring oil down.

20:15 But the driver of the market up until now has basically been the AI trade, which is why the AI trade has been cooling and why the S&P hasn't been going down. Because what this tells you is that, let's just go back to S&P. So when you go here, you say, what is this actually telling you? It's telling you the S&P hasn't come down, but the AI trade's come down a lot.

20:36 It means that money has been rotating from the AI trade into other sectors of the S&P. Probably what the market's telling you is, hold on, if a Democrat's coming to power, the AI trade is going to look something like that. And the oil trade is going to drop under the trend line. Sorry, let me just find that oil chart again. Yeah, that oil trend is going to end the war.

21:01 They're going to stop funding the war, which means the oil price is basically going to go down. And then other sectors will actually recover. And so there's been a move from AI into all these other sectors. You can see that because if you look at the S&P, S&P has hardly moved. If you look at the NASDAQ took a big hit and specifically Google and all those other constituents of the NASDAQ took a big hit.

21:24 Here's the opportunity. Pay attention to the opportunity. Remember, this is what the market is pricing in right now. Right now, the market is pricing in the worst case scenario for AI, right? But maybe not the worst case scenario for oil because if Trump, let's just talk about, we'll talk about the AI trade first and then we'll talk about the war trade.

21:49 So as it relates to the AI trade, the market is pricing in that the Democrats come in and the Democrats adopt a much more conservative approach as it relates to AI. And so less data centers, less energy, less approval of data centers, therefore less memory, less memory available, therefore basically slowing down the entire AI trade which is supposed to drive the productivity.

22:16 That is what the market is pricing in today. Now let me ask you a question, right? What happens if the market doesn't get what it priced in? Maybe let's talk about what the market does get if it gets what it priced in. So if the market gets what was actually priced in, which is this, then I think effectively we'll see a slight move down in the market.

22:42 And we'll see a slight move down in the market. And then at least the market has got certainty. The market knows what the new rules of engagement are. And basically the markets then start to run again, and probably we won't get a very big run. But generally over time, markets will basically say, look, this is our new reality. And we'll start adapting to working inside the new reality.

23:01 What happens though if the prediction markets are wrong? What happens if by some chance the Democrats don't win the House or don't win the Senate? All of a sudden, it's not the clean sweep anymore. And then the market basically says, ah, hold on a second. The AI trade that has been punished should be unpunished, should be less punished. And then we get a slight move in the AI trade.

23:28 And so that is why I think that now, hold on, let's just have a look here. Okay. That is why I think one of the trades may be to start buying the AI stocks today. So I think if you go to wherever you're trading them, whether you're trading them on Variational or Google, and you start looking at your favorite AI stocks. And one of the things that I look at is I look at the ones that have been the biggest hits.

23:56 So CoreWeave, Nebius, SanDisk, Seagate, Marvel. I think I had another list over here of a whole lot of other. Oracle, minus 51%. Intel, minus 54%. Just look at your favorite AI stocks and basically say to yourself, what if the Democrats don't win the clean sweep? Well, then all of a sudden we're getting a slight run, and probably AI is going to be the biggest custodian of that slight run.

24:21 And so one of the things that I would do is I start placing positions now onto these. And again, you can do them on Variational. I'll talk about Variational in a couple of seconds. You can do it on TXFlow. I'll talk about TXFlow in a couple of seconds. You can trade all of these. You can trade Google. You can trade all of these things. Now, so that's the trade.

24:42 Now, even better is that if you look at this artifact which we've created for you, which we'll leave in the comments, in the description for you guys, you can choose your time zone, right? And then you can monitor in your time zone when certain bits of information are going to start coming out, right? So these are the contested states, right? Where we're looking for all the contested states.

25:05 And this is when we expect 90% of the votes to be clear. Now, why is this important? Because as the contested states go to different places, right? So for example, if a state is supposed to be red and you start seeing that it's going to be blue and this happens at, for example, Wednesday at 6:14, then in your time, then you know that the states are flipping in the right or the wrong direction.

25:28 I've left this clawed artifact for you guys in the description so that you guys can actually have it, so that you guys can mess around with your time zones. I'm in South Africa at the moment, so I'm going to be watching it on this time zone, right? And you can see exactly what time on Wednesday the data is going to be coming out. Now, when the data comes out, the stock markets are going to be closed.

25:51 So this is super, super important. The stock markets are going to be closed. So the real market won't be able to trade. Let's say that we realize that this whole thing has gone completely red, that this whole thing has gone completely, completely red, and that all of a sudden the Republicans are backing the trend and the Republicans are going to take either the House or the Senate.

26:16 Then what you can do on Variational and on TXFlow is you can actually trade this while the markets are closed. So, you can basically go here and you can say, I'm seeing that the market's going towards the AI stocks. Let me start looking for the AI stocks. So, you've got Intel, you've got Google, you've got CoreWeave, right? And you can trade this when the markets are closed.

26:38 So the normal markets, the American markets are going to be closed. When these numbers start coming out, it's already out, because remember, it's a voting day, and then after voting day, they have to tally up all the votes. And when the results come out as per this artifact, and this is just some of the states or the contested states, right? As you see it shifting, effectively, what you can start doing is you can start actually taking trades.

27:05 Now, again, what are the trades that you're going to be taking? If the Democrats keep the House and the Senate, then probably there's a slight leg down in crypto and a slight leg down in AI. If they start blocking the trend, there's probably a big move up in AI and a reasonable move up in crypto. Maybe not a big move, but a reasonable move up in crypto.

27:24 And that's why I think that now you should be deploying, right? Why? What should you be deploying in? You should be deploying into your favorite AI stocks that have been really hard hit. Because if you're wrong, then I think the prices stay more or less where they are, maybe a slight move down. If you're right and the Republicans basically flip, all of a sudden we get a sympathy rally and stocks like Google basically go up.

27:47 I'm going to illustrate to you what I mean here. I'm going to buy one Google stock here, one Google share here. Just to show you, we bought this just before the elections. I'm going to buy, let me buy some Nebius because again, this is an AI trade. Then we'd buy that. I'm going to just buy one. I'm just buying ones just to show you, to illustrate to you how these things will go up.

28:09 So you'll basically see how all of these basically will land up going up if the market actually swings. And if the market doesn't swing, then effectively you're back to where you're. I mean, if the Democrats win the House and the Senate, then that's really what the market was actually pricing in. So that's when it comes to the AI trade. The other trade where you should be deploying your money is crypto, right?

28:32 So we know that if the Democrats don't win a clean sweep, that might be half good for crypto, right? So it might be half good for crypto. And then you can trade these moves on crypto. Now the question is, what crypto do you actually end up buying? So as I mentioned to you, I don't think that the crypto correction is over. But that said, if you don't have any exposure to crypto right now, or if you have very little exposure to crypto right now, then it's worth actually taking a bite here.

29:05 And the reason why I say it's worth taking a bite here is some of the tokens have come down quite a bit and maybe Ran's wrong about how low we're actually going to go in this correction. Like maybe we go lower than 72, but hey, maybe we don't go that low. Maybe we just go to like 75 and then we bounce and that's the end of the correction. That can happen, right?

29:22 So if I have or had little exposure to crypto or not enough exposure to crypto, then I start asking myself a question. Which tokens on my buy list are very, very cheap right now? And I can actually walk you through a couple of these. For example, Bitcoin's cheap but not very cheap. I wouldn't touch it. ETH, sorry, Zcash is not cheap at all, right? When I said it's not cheap at all, it hasn't really come down.

29:46 Zcash is not affected, like it hasn't been affected very much by this correction. In 2017, if you look at like, okay, I know the high was at about $1,700 before the ETF was launched, but if you look at it more recently, it only comes out from like $1,370. Now, that's not a bargain in crypto. And if you're bargain hunting, then you should be waiting for bargains.

30:10 But then there are other tokens in our buy list which actually have come down a lot and might be moving into buy territory. Let me show you one or two of them that I think is moving into buy territory. One of the first ones that is moving for me into buy territory is cards, right? Why? Because we're bullish on this real-world asset thesis. We're bullish on this Pokemon cards, etc.

30:28 This is a token that we bought at $0.12. It went all the way up to $0.38, but then it came all the way back down to $0.22. Now, the reason why it's doing that is because there's a lot of fud around the cards themselves. As Zoom or I said, I saw my Pokemon cards, which I started buying in 2020. Reality is that no single card is worth a year of salary and that Pokemon cards may be in some kind of bubble.

30:57 Look, yes, maybe you're right, maybe you're wrong. I don't know. I mean, Pokemon cards haven't slowed down in a long time. I've reminded me because as a person I've known for more than 10 years who I consider trustworthy, he's convinced the Pokemon economy will shortly experience a systematic risk. Yes, that could happen. But if it doesn't happen, then the bull market for Pokemon cards continues.

31:23 Also remember, cards are not only about Pokemon cards. It's about sports collectibles. Pokemon cards is just one proof of concept. So if cards start coming down here, I'd actually start nibbling, not yet, but I would start looking to nibble on cards very, very soon. Another one, for example, is VVV. When you look at VVV, which is Venice, we're looking for $15 as our entry price here.

31:44 Specifically, I'm looking at $15 as my entry price here. I think it's about $22 now, right? So if you don't have any exposure whatsoever to the market, you may sell them. At around 20 to 22, it's worth my while to actually invest, especially because if the Democrats don't win the clean sweep, all of a sudden you start getting a leg up. And so you'd go through your whole buy list.

32:03 I'll give you another one. One that's really cheap is Curve, right? So Curve is really cheap. It usually trades or has been trading between the 30s and the 40s. But after the Binance hack, the hacker went and dumped the token, right? So that is the Binance token hack from 33 all the way down to 27. Now, to me, that's cheap. That's cheap enough to take a small position here and say, you know what, I believe in Curve.

32:29 It is part of my long-term thesis, right? Because I think that people will trade between different types of stablecoins in the new economy. And Curve is one of my good plays here. So what you want to do is you want to go through your list and look at the ones that are really cheap or getting cheaper relative to your buy zones. Even if they're not exactly at your buy zones and say, if you don't have a lot of exposure, then now you should actually start investing.

32:56 Now someone says here, Ran wants us to gamble our money away. So let's talk about which part is the gambling and which part is not the gambling. If you are playing the midterms, you're gambling. You're taking a view that the Democrats don't win as per what the polls are basically saying. And if you are correct in your view, you will make a lot of money.

33:20 And if you're not correct with your view, then you. Yeah, so let's actually do this now. I'm actually going to do this right now. Let me just quickly. I'm going to quickly just sign in to TXFlow. And I'm actually going to take a position here quickly. Give me one second. Let me just quickly connect the wallet. Okay. I can't log in with this wallet. Oh, goodness.

33:48 Hold on. Is there ETH in my wallet? Let me just check here. Okay. I'm going to have to put ETH to pay gas fees to get the, to get to connect up to TXB. But effectively, I would take a position in some of the AI, in some of the AI tokens. Why? Because again, you can trade them when the market is, you can trade them when the market's basically down, right?

34:21 So when the market's basically closed. So use the artifact. I think we left it for you. Let's just have a look and just see where we left it for you guys. I'm sure we've got a chair. Hold on a second. Okay. A second. So basically we left it for here. Okay, so here is the artifact with all the battlegrounds and the times in your time zone. So you can basically see when you should be paying attention and what you should be paying attention to.

34:51 Then you can trade either on Variational or on TXPRO. Now, let's just talk about the difference between the two. They're both decentralized exchanges. You're farming points on both. I have a feeling that Variational is about to go live and whatever points you've got. So if you want immediate points, but you're not going to get a lot of points, then use Variational.

35:10 If you are going to use it, use the code OMNI RAN and then you'll get a 15% points boost. With TXFlow, you're going to earn points for a long time and you're not going to get an airdrop for a long, long time. So probably like until next year, March or April. But it gives you a long time to accumulate the points. Now all you need to do to accumulate points is trade, right?

35:29 That's all you need to do. So that's basically what you would do. Yeah, I mean, look, yes, I think what we'll do is tomorrow. So tomorrow we'll go on to InsertTrade and we'll be trading live in the trading room. So we've got this new product called InsertTrade. Insert.trade is just a bunch of trading rooms. So hold on, let's just actually continue to terminal.

35:53 So you can see there's a bunch of trading rooms which are basically going to go live. So let's just see if there's one that's actually live now. I think Sheldon's trading live in his one. Okay, I'm not signed in with Sheldon's link. Let's just go back here. Let's see one that I am signed in with. Okay, so I think Kyle's got a trading room which is actually live.

36:13 Tomorrow all these trading rooms will really be live and we'll be posting trades inside the trading room so you can see that people will be chatting, will actually post some trades inside the trading room, etc. So tomorrow we'll actually be live inside the trading rooms on insert.trade. What else? If you have a Bybit account and you want to join the World Series of Trading and be part of our squad, there's up to $10 million in rewards.

36:38 Now here, the biggest squad has the best chance of winning. And so if you join our squad, use this here. Use this link to join our squad. If you don't have a Bybit account, use this link to get a Bybit account first. And then you'll get a $50 sign-up bonus, and then you can join our squad. The competition starts on the 13th of November. Yeah, so competition starts 13th of November.

37:05 All right, my friends, let's be alert and active in the next 24 to 48 hours. Tomorrow, obviously, the U.S. markets, I think, are closed for voting day, but we'll be live. We'll be giving you one last show before the midterm elections, and then we'll be trading the midterm elections live with you guys. Anything else, Ardis? No, we'll see you guys again tomorrow. Until then, trade well, my friends.