The Final Leg Of This Crypto Capitulation Is About To Start! Transcript, AI Summary & Key Points

00:00 I think it's time to start deploying capital  a little bit more aggressively into crypto and into the stock market. I'm going to show  you on the show why I say that. I'm also going to leave you with a little AI artifact  that you can do to see exactly why I said it. It's going to be quite a big show today, but I  want to break it down by starting directly by looking at the charts, because this weekend  we broke down on quite significant levels, levels that I said that if we do  break down below these levels, then I'm

00:24 going to actually start  really deploying quite aggressively. Now, if you look at the chart here, you  can see that after one, two, three, four, five down weeks in a row, we actually broke below  the 50-week moving average and we closed below the 50-week moving average here. Now, the reason why  that's such a big level is that when we're in a bull market, generally, we don't break below  the 50-week moving average.

00:44 And if we do, we break below that level for a very short period of  time. Generally, if you look at previous charts, like here, we broke below it in 2021 for like one  or two weeks. We broke below it for one week and the next week we basically closed above it again.  So generally when we're above the 50-week moving average, generally we don't actually get below it.

01:03 And this week we broke below the 50-week moving average, so we didn't hold that $75,000 level.  We also touched exactly, exactly my next level, which is that bull market support band. So  that's the bull market support band. And we touched this bull market support band level. So  we've broken through some real, real key levels. And as we broke through those levels, effectively  about $1.2 billion worth of longs or $1.2 billion of liquidations happened in crypto.

01:34 So  it's actually quite a big liquidation. And it feels like I kept saying that I'm not  ready to deploy money yet. I'm not ready to deploy money yet. I'm waiting for one more leg  down. And when I get that one more leg down, that for me is the time to actually really  start thinking about deploying capital. Now, I know I'm never going to catch the bottom,  but the truth is what I'm looking for is I'm looking for change in sentiment in the market.

01:54 And I think that this weekend, we actually got that change in sentiment in the market. So we're  not exactly at extreme fear yet, right? We're at fear. At the same time, if you look here, this  chart, which actually predicted the correction, remember I said to you, when the altcoin open  interest is higher than the Bitcoin open interest, that indicates exuberance in the market.

02:16 And when  you have exuberance in the market likes to tame the market. Now, this indicator is hardly ever  wrong. And here, we called it here. This is when I called the correction, when this level over here  happened. And I said, look, guys, we're in for a correction. I'm 7% in cash. I'm holding my 7% in  cash. I'm getting out of the market and I've got a lot of hate for it.

02:38 Now it's starting to pay  dividends. But you can see that that indicator is starting to move down here, right? The sentiment  has started to change. We're back in fear. I also asked on Twitter, I said to ask people,  I said, look, are we dumping or are we ripping this weekend? Most people actually came back and  said, we're dumping. Now, I want that.

02:51 I want that despair. People saying there's no reason for  upside. It's all we're dumping this week. There's no reason to be happy. It's a black place to be.  That's when I want to start deploying capital, right? And right now, you can see that's a  sentiment. 60% of people told me that we're going to be dumping this week, and only 40% of people  said we're actually going to be ripping this week.

03:13 So, to me, there's been a sentiment change. Now,  am I deploying everything all at once? Absolutely not. I'm actually going to show you exactly how I  am deploying. There is still some more downside, though. So, if you look at the RSIs haven't quite  reset yet. You want them under 30 and currently, as you can see, they're 34.32. So there may be  some more downside left.

03:29 I guess if I were to guess, well, I guess, I'm guessing, so I guess  the next level here is, don't get carried away, the next level is to actually hit and close  below the $73,160 level. We just hit $73,528. This is the 200-day moving average on the  daily, and I guess that that's, for us, the next level that we're basically looking  at. But right now, the sentiment has changed.

03:59 No one wants crypto anymore. If you look at  this thing called the apparent demand for crypto. So this is the apparent demand.  When the market goes up, as you can see, there's a lot of apparent demand for crypto.  And when the market usually comes down, there's no demand for crypto. And right now we're  in one of those periods where no one wants crypto.

04:15 You see the Hyperliquid whales, they're  actually selling, they're actually short now, they're actually short on their crypto. So  if you look here, the Hyperliquid whales, basically completely short. Sorry,  that's not the right chart. The chart is, I think it's somewhere. Okay, I'll show you  in a second, I'll show you that. The ETFs, we had one of our worst weeks since June 22nd.

04:33 Basically, no one wants crypto anymore. That's exactly the type of sentiment change that  we want. A little bit of hope here. So, Bitcoin closed just below its 50-week moving  average. We spoke about that earlier. After it held above the 50-week moving average for seven  consecutive weeks. The other two times, which was 2011 to 2012 and 2019 to 2020, Bitcoin closed  below its 50-week moving average, after reclaiming it.

05:03 Neither of those times would we make new lower  lows. So we have never, you can say we've never made a lower low after crossing the 50-week moving  average and coming back down. So, we are now getting towards the end of the correction. We're  getting towards that reset. And the question is, why am I so confident to actually start deploying?  And I'll answer that question in a second.

05:26 I think the other thing we need to pay  attention to is the fact that for a long time, Bitcoin didn't correlate the stock market. It  wasn't moving in correlation with the stock market. Someone was just commenting  about the open on the equities. Okay, so equities have now opened, opened quite  strong. So look at the opening on the equities, which is exactly what I'm actually going to be  talking about today.

05:45 This is, if you look at, if you go to Banter Bubbles and you go to  the stocks and you go into the one-day chart, you can now see how the equities are opening.  The good thing is, or the bad thing is that Bitcoin has not been correlated to equities for  many, many months. And now equities are starting to go down and Bitcoin has decided to correlate  itself with equities.

06:03 It's like basically what we're saying is both are going down. And when both  are going down, now they are correlated, right? So as one of our researchers points out, he says  the Bitcoin versus NASDAQ 100 correlation for the last 30 days has been 0.79 and it was 0.13  before. So now we're starting to be correlated to the equities and the equities for the last  month haven't exactly had the best month.

06:29 If you look at the equity, specifically, if you look at  the NASDAQ and you look at the AI trade, you can see the AI trade has been absolutely destroyed.  Intel's down 45%. Dell is down 43%. SK Hynix down 25%. So this AI bubble deflating, specifically  after the elections, has accelerated downwards. And you know what happens when things that have  pumped and are important start to decelerate downwards?

07:02 You know what happens, right? That's  when all the bad news starts to come out. Now, here's a perfect example of the bad news that  starts to come out. Just when we thought it couldn't get any worse for this AI trade, etc.,  etc., bang, we get NVIDIA. And what happened to NVIDIA? Okay, so here's the story around NVIDIA.  Jensen Huang, who is the CEO of NVIDIA.

07:16 So it turns out he was having an extramarital affair  with a Chinese spy. So the Chinese basically created this spy. Her name was Alice or Alison  Huang, same surname. I mean, the Chinese are very smart. Actually, I'll break it down for you. But  effectively, he was having an extramarital affair with her. And her role, allegedly, was to get him  to lobby Washington to soften the stance around selling chips to China.

07:53 And the truth is that  the reason why I say that bad news comes out at the worst times usually is because the U.S. has  actually known about this for a year. And it was only exposed now. So the U.S. has known about this  for a whole year. And only now did they actually decide to expose this thing. And that's why today  we get more woes for NVIDIA. NVIDIA is down to $174.

08:16 Because now people are like, okay, what's  going to happen to NVIDIA? The first question is Jensen Huang going to get divorced? Because he is  married, actually. I'll actually see if I can find you. I think I had a tweet here, which actually  breaks. So here's all the memes. The memes have gone absolutely crazy. I think the memes are  so crazy. I love this meme.

08:31 This is the meme, you know that Coldplay concert where those two  guys, those two got caught. So someone played that meme. I mean, yeah, I'm not going to play  that because it's got some copyrighted music. But that's Jensen Huang's wife. And that's the  Chinese asset or whatever you want to call it. This guy says, me and Jensen Huang's ex-wife after  she gets half his money in the divorce.

08:52 I mean, there's amazing, amazing memes. But I love this  meme as well, right? So it turns out that every one of the big CEOs ends up eventually with an  Asian girl. So you should probably just marry – if you want to be rich, you should probably just  marry an Asian girl from the beginning like Brian Armstrong and Mark Zuckerberg, right?  You shouldn't fall into this trap, right?

09:15 Yeah, so I mean also like this one. I reposted  this one. This is Jensen Huang's wife and the entire global economy. But I guess like on a  more serious note, the question then becomes, well, what are they going to – like is he going  to get divorced? Because now he's come out and he's basically admitted he wrote a mail to his  company. I'll quickly read you the mail.

09:29 It says, "A message to our company. I owe my family and  all of you an apology. I was unfaithful to my wife." Okay, bro, let me explain something to you.  You never admit it. Okay, and if you do admit it, you don't admit it in writing. You never  admit it. You just deny, deny. Anyway, back to the story. "My actions hurt her and our  children. There is no excuse for what I did.

09:46 I'm deeply sorry. Throughout my life, my family  has given me love and support. They deserve honesty and loyalty. Instead, I let them down  and damage the life we built together. I take full responsibility of what I did and the hurt  that I caused and I accept the criticism that comes with it. To my wife and family, I love you.  Oh, an apology. I cannot undo what I've done.

10:03 I hope our family will heal and that over time I can  earn back your trust. To my colleagues at NVIDIA, including those I've worked alongside for  decades, and to our board and partners, shareholders around the world, you deserve  better from me. Leading NVIDIA is the privilege of my life. My responsibility is to  serve you and to be worthy of your trust.

10:20 I've fallen short of this responsibility. I'm fully  committed to NVIDIA and will work to earn back your confidence. Regarding the national  security concerns raised in news reports, NVIDIA's board of directors has initiated  an independent investigation. I support the investigation and will cooperate fully. I love  our country and our company and I'm committed to protecting NVIDIA and supporting the American  national security.

10:39 I'm proud and grateful to be American. My family bears no responsibility for  my choices. I do. Please give them the privacy." So a big mail from Jensen Huang and I guess  one of the big things that everybody's asking is he going to sell his shares? Because he  owns a lot of shares. So the thing about owning shares is you need to know that rich  people all work in trusts and whatever else.

11:05 I do have actually a breakdown of, okay, I might  have, I had a breakdown, will you just send me the breakdown of the shares? I think that the  shares are held in trust, we know that. I don't have a share. The shares are held in trust,  basically, and the big question is it share? No, it's not share. So the shares are held in the  trust, and his wife is the trustee.

11:21 I don't think that there's going to be any like overhang and  Jensen selling his shares, but he does own a lot of shares. The researchers are going to send it to  us in a second in terms of the number of shares. So that's more woes for tech bros. I think lucky  for NVIDIA today that the NASDAQ is opening up 2.2%. And so you're getting like a lot of relative  strength.

11:44 And so we're not feeling as much pain. So here we go. Here's the SEC archives. Here we  go. Quickly open it for us. So you can see they own, between them, they own 540,000 shares.  540,000 shares. Because 540,000 shares times, that's like $50 billion. Am I right? Yeah,  $50 billion. I really hope he doesn't get divorced. And then he joins the club of  other big tech CEOs that have cheated on their wives and their wife actually got 50%,  right?

12:21 Because remember, most of these people actually got married pretty early, right? So  like, you take a guy like, I think, Jeff Bezos, and you take those guys, they got married really  early. They got married just after college, and they didn't really do prenups and stuff  like that. And then they ended up giving, like, MacKenzie Bezos, she got like half of Jeff Bezos  as well, I think half.

12:37 Melinda Gates got a big part of Bill Gates' fortune. I don't know, let's  see how this one ends. Let's see if this one ends, right? Let's see if this one ends. But for now,  to be honest, what I did was I traded this all weekend. Remember, like, the advantage of crypto,  and you've got to love the advantage of crypto, is that as we hear this news on a Saturday,  while the stock markets are closed, we go to Variational, and we trade this on Variational,  and we earn points.

13:01 Like, it's a no-brainer. Now, again, I keep pushing this, but I'm going to  push it again. You can trade all of these stocks, you can trade all of these stocks on Variational  24/7, 365. $155, okay, so you could have traded this NVIDIA news on Saturday when it went  down to $170, and it actually went down, it didn't go down that low on Saturday,  it went to $180, you could have traded it, while the markets were actually closed, right, you  could have traded it, you could have gone long, you could have gone short, you

13:30 could have  done whatever you want. At the same time, you would have earned Variational points. Now  there's a link below, there is an airdrop for Variational happening in the next four weeks, five  weeks, you have five weeks to mine Variational, to farm Variational. If you do that, if you  farm Variational, you will get an airdrop. They are giving away a billion dollar airdrop  in five weeks.

13:48 It's your last literally five weeks to go that you can actually do it.  Worth it, just get it done. There's a link here. Use the code OMNIRAN. You get a 15% point  boost. It's the biggest one in the industry. All right, back to the point and back to why  I'm deploying. Now, this is where we have to have a real heart-to-heart. Being an investor  is about taking a view, having a thesis, and sticking to your view.

14:11 And if your view is right  and if you've done the hard work, then you will get rewarded. It really is as simple as that. And  I tweeted something on the weekend. I think it's something that we should maybe read about today.  It says, "Markets are just equilibrium machines. They deviate for short periods of time, but in the  end, they always tend to where they should be.

14:25 The short periods where they deviate the most are  the times when most get caught. But if you play the long game, it's easy to see where they should  be." Now, here's what I mean, right? Markets will go up and markets will go down. They're going  to oscillate between extreme exuberance and extreme fear. And your job is not to catch the  top or to catch the bottom.

14:45 Your job is just to be close enough to the top and close enough  to the bottom to actually make a difference. Now, I'll show you exactly what I'm talking about  here, but I think what I'm saying is that when the market sentiment goes down to extreme fear or  fear on crypto and extreme fear on the AI trade, and when the markets start to correct, and  you've got tokens or coins like NVIDIA, which are now down 30% from their highs,  and you've got coins like CoreWeave, which is now, I guess, up today, but  down, I don't

15:22 know, 70% from its highs? More, more. 75% from its highs. Otherwise, you've  got to take a call and you've got to say, look, either you're an investor or you're a chicken.  And if you're a chicken, then you shouldn't be playing, you shouldn't be an investor. And so  you've got to have a thesis and you've got to stick to your thesis. Now, I want to talk to  you about my thesis because I think this is the crunch, this is the punchline here.

15:47 So right  now, there are two things that are at play here and they're pushing down the markets. The first  thing that's at play is that the Democrats beat the Republicans in the midterm elections. And as  a result of that, everybody's worried about all these moratoriums on AI, and that's pushing  down the AI trade and the data center trade. And then the other issue that we have here is  also around the midterms, and that's around the Democrats coming into power and being bad for  crypto, etc., etc.

16:18 Now, I want to actually talk about the midterm elections and the effect  on the AI bubble. So let's maybe talk about it for a second. So, let's think about it like  this. The first thing is the Democrats haven't won anything. They've won the midterm elections.  They're not in power yet. They can propose laws, but if Trump doesn't want those laws, Trump's  going to veto it.

16:41 That's the first part of the argument. The second part of the argument says  very simply, the only way that the Republicans can come back from what was a devastating, devastating  loss is to fix up all of their mistakes. And by meaning fix up all of their mistakes, I mean  people went into these midterms poor because the markets had started to come down.

17:05 People went  into these midterms with a very, very high cost of living. The petrol price was high. The oil  price was high. The gasoline price was high. The diesel price was high. And people felt it in  their pockets and people showed us one thing. They showed us that voters vote with their pockets.  And no matter what you do, if a voter arrives at the polls and feels hungry or feels poor,  then they're going to vote against you.

17:27 And if they feel rich and if they feel happy and if the  economy is going well, then they'll vote with you. So the Republicans took a massive knock. It was  a knock that the Republicans haven't seen for decades. So what is their only hope to come  back? Their only hope to come back is to fix up the economy, and fixing up the economy  means reducing rates, reducing inflation, and reducing the cost of living.

17:56 And the only way  to do that is effectively to make the markets look good or to make the markets run like absolute,  absolute crazy. And the only way to make the markets run like absolute crazy is to, number  one, end the war. And that's exactly what the Democrats are going to do. The Democrats are  going to end the war because they're not going to fund the war anymore, right?

18:16 And so in the  next couple of months, probably the war will end and the cost of living will start coming down.  And you can kind of see it now already in the oil price over here. The oil price is starting  to come down. And so my thesis says that the only way that the Republicans can actually come  back is if they fix the markets and the markets run as hard as possible for the next two years.

18:38 And if that happens, Americans go to the poll in two years and the Republicans in the election  campaign says, we gave you the strongest economy ever. The oil price has come down. The wars are  all over. Now you need to vote us back into power. And that's the only way that the Republicans  can come back. So the way I see it, Trump is going to be on an absolute, absolute mission to  make sure that the economy and the markets pump in the next two years.

19:05 And that is the only way  that the Republicans can basically come back. And so I'm taking that thesis. I'm speculating  that the only way that the markets run again, that the only way that the Republicans win is if  the markets run again. Therefore, for the next two years, the markets are going to run. Now, how does  that happen? The war ends. The price of petrol, diesel, oil starts to come down.

19:26 The cost of  living basically goes down. And that gets the cost down. And then you've got to make people feel  rich. And the only way to make people feel rich is their 401ks. How do you get their 401ks up? Well,  the only way to get the 401k up is to get the AI trade to work again. Most of the market, the S&P  and the NASDAQ and all the index tracking funds are reliant on AI doing well.

19:49 So yes, we had a  scare and people are talking about the Democrat moratorium and whatever else and how the data  center build out is going to stop and how AI is going to stop. Guys, AI ain't stopping. The cat's  out the bag. We know what AI can do. We know how it increases productivity. You cannot compare  a world without AI to a world with AI. And even though the election campaign for the Democrats  was we're going to slow down AI, now the reality is basically going to hit them.

20:16 And the reality  is that you've got to pay taxes and you're going to get jobs. And without data centers, you ain't  paying taxes and you ain't going to get the jobs. And so I listened to this clip from Bill Ackman,  or two clips from Bill Ackman. I think they're worth talking about. So let's listen to the first  one first. They're both really good. "I think it's a global race for superintelligence.

20:38 We don't want to get there second. That's existential to the United States. I think there  are plenty of states that would be delighted to have the jobs, the job creation, and we've got a  lot of land mass in the United States." So you're not worried about it? It's not something you think  becomes a broader topic of conversation? "I think we have no choice.

20:58 It's like saying we want to  slow down the pace of electricity penetration into America. It's going to give people – so I think  we – I think it's a good – maybe it helps win a few votes going into midterms, but practically  speaking, we can't slow down our – we have to be primary in AI." So I think – I mean that's  the first part of the AI trade. The AI trade is bigger than just AI, right?

21:22 Like you think  it's about AI, but it's actually much bigger than just AI. Wow. I want to play you another  clip by Bill Ackman. I really love Bill Ackman, as you can see, but I'll play you something  else from him, which I think is really good. "So the most productive people in society  often end up being nominally the wealthiest, but you don't want to discourage people.

21:44 If Elon  Musk had stopped working, we would only have Tesla. We wouldn't have SpaceX. We wouldn't have  the Boring Company. We wouldn't have Neuralink, a technology that may enable my daughter to see  again or speak again." Okay. "These are people that we should treasure. We should applaud people  like this. That's the beauty of capitalism." So, I mean, it is the beauty of capitalism, but  ultimately what you want or what you've got to believe is that America needs to progress and  America needs to win the AI battle,

22:14 the technology battle and a whole lot of other things. They ain't  going to slow it down. Yes, for the elections, it was a good narrative and stuff like that.  But ultimately, it's not going to slow down. So now you've got to make a call. And the call is  when you're at peak fear or you're at fear. And I think, I mean, the stock market just jumped from  extreme fear back to fear because we opened pretty strong.

22:39 We opened pretty strong in the stock  market. MED is up 4.4%. I think all the stuff that I deployed last week actually is going to start  paying some real dividends. Actually, let's just quickly just go and have a look at some of the  trades that I deployed in the trading room last week here. Not sure that they're profitable yet,  but they definitely are bouncing back.

22:53 So there, my CoreWeave position is 13K in profit. Some of  the other, yeah, so this one's 13K in profit. My Google position is in profit. My IRN position is  still slightly down, but I think we'll go up here. This is my mine, yeah. So ultimately, a lot of  the trades, you know, you've got to take a call. And the call says, when we're in peak fear, are  you willing to deploy or do you think it's the end of the world, right?

23:24 Now, let me show you why  I'm so comfortable to deploy here. There's many reasons. A lot of them start off with the charts.  I mean, you can look at the technical levels. You know that the NASDAQ generally doesn't break below  the 200-day support for long periods of time, or at least it hasn't since 2009. We just  broke below the 200-day moving average.

23:40 To me, that's a good sign to potentially start  deploying. Same thing with a 21-week SMA, same thing. We don't usually break down below it  for long periods of time. When we do, we usually recover pretty quickly. We broke below it. So,  to me, that's a great sign to basically start deploying. Fear and greed, we're fearful. That's  a good sign to start deploying.

24:01 But then I broke it down into numbers and I said, okay, hold on a  second. Let's assume that you just DCA'd in times of extreme fear and compare that to people who  just DCA'd the whole time. So let's say that you were going to buy from the market and you said,  instead of deploying every week, I'm only going to deploy when we are in fear and extreme fear.

24:24 So I want to show you what actually happens here. So let's say, now this is the artifact that I'm  actually going to leave for you guys below so that you can mess around with it. But effectively  here, let's say that you deployed nothing, you didn't do any DCA when we were in extreme greed,  you didn't do any DCA when we were in greed, you didn't do any DCA when we were in neutral,  you didn't do any DCA when we were in fear, you only deployed 100% when we were in extreme  fear.

24:49 What happens to your portfolio? And this is the part that's really interesting, right? So  the orange line says if you deployed every single week, and the green line shows you what happens  if you just deployed when we were in extreme fear. There's a massive, massive difference. So let  me show you the difference. Firstly, overall, it makes a 24% difference.

25:13 But in the spikes is  when you see the big difference. So in the spikes, your flat DCA would have given you 343% return,  but your extreme fear DCA would have given you 778% return, right? And again, it happens over  here, instead of giving you a 285% return, it gives you a 400% return. What that  shows you is that when you are in, if you just deploy when you are in extreme fear,  just deploy only in extreme fear, or let me show you like how you can mess around with this.

25:44 You can say, I deploy only in fear and extreme fear. And look what happens, right? So the more  patient you are, the more disciplined you are, the more patient and disciplined that you are, the  more you can just deploy in extreme fear, the more money you will make in the peaks. You can actually  see how this graph actually changes. And so to me, we're very close to extreme fear.

26:06 Maybe I should  be a little bit more disciplined, but also I'm not trying to catch the bottom because maybe we  won't go into extreme fear, right? So let's go. Basically saying, look, we're close enough to  start deploying. The same thing when it comes to stocks, right? If you deploy extreme fear  only, you get 207% return versus 188%. However, again, over time, what you realize in good  times, you will do a lot better if you deploy in extreme fear and if you deploy in fear,  right?

26:35 So it beats the strategy of deploying when people are scared actually works. And you  can play with these artifacts. I've left them for you below in the bottom so that you guys can  actually play with them. Same thing with NVIDIA, right? But normal DCA versus buying only on  extreme fear days gives you an extra 10% return or something like that. And so what I'm trying  to say to you is, look, you've got to have a thesis.

27:01 If you think that this is the end of the  world and that the AI trade is going to go away, all of a sudden electricity is going to go  away. After having discovered electricity, you think electricity is now going to go  away. Great, then that's your thesis. My thesis is completely different. My thesis is  that you've got to deploy when people are very, very fearful and then you will end up reaping  the rewards and that's exactly what I'm doing.

27:25 Now, for those of you who want to know what I'm  deploying, for those of you in 24/7 Discord, 24/7 Research Discord, which is our private  Discord group, I literally am pointing, I do a deploy alert every time I deploy. So  let me just show you something here. Let me just show you something here. Here we go. I  said, good morning. To make my life easier, to follow, as I mentioned, I've got 7% in cash.

27:49 I said, let's assume that that 7% is $7 million. I'll tell you how and when I'm planning to deploy  the $7 million as soon as I do. The only purchase that I'd made back then was Grass at 48 cents  because that was on my buy list. And this morning, I deployed again. I deployed a little bit  into stonks because I just think it's been hit too hard. And I deployed a little bit into  NVIDIA, right?

28:10 And so if you are in the Discord, you're effectively getting this from the AI  agents. The AI agents is basically showing you exactly what I deployed and what percentage of  my portfolio has been deployed. I haven't started deploying everything just yet. The reason is a  lot of these things haven't come to my buy list. The ones that have Grass is just under the buy  list.

28:28 The rest are quite like Uniswap's 37% away. Backpack is getting close to my deployment level.  Pearl, yeah, Pearl's very far from my deployment level. So you can kind of see which ones are and  which ones aren't, and I'll keep you updated. For those of you who are in the Discord, and  for those of you who were in the Discord but stopped being in the Discord, I want to just  quickly talk directly to you guys.

28:54 So we're running a Black Friday special. The Black  Friday special says that usually to be part of Frontrunners is $200 a month. It's $2,388 a  year. For 1,000, actually for 500 people only, I think I changed that to 1,000, but for 500  people only, we're doing a Black Friday special at $1,099 for the entire year. That gives you all  the trading terminals, it gives you all the calls, it gives you every single call that we make, it  gives you our portfolio, it gives you everything else.

29:24 Only if you are a current member, and if  you are a member that used to be with us and left, can you capitalize on this Black Friday special?  Because we want to give, of the first 500 spaces, we want to give you the chance to get in first.  Here is the link. You've got 48 hours before we open it up to everybody. If you sign up, not  only do you get the $1,000 a year special, but you also get a free Bitfunded account of up  to $150,000.

29:50 So a guaranteed Bitfunded account for up to $150,000. That's a funded  account to trade of up to $150,000. So I think that's the thesis. The thesis  is you've got to start deploying at some point. I'm starting to deploy. Now, as  you've seen, I haven't deployed a lot, but I am going to start getting a little bit  more aggressive. Every time that I do deploy, I'm going to post it in the Discord.

30:12 And I'll  obviously discuss it on the show, but obviously I can't do shows as often as I do as I'm live  in the Discord. Also, I am posting it here in Insert.Trade. So you go to Insert.Trade, there's  rooms. So go into, in fact, I'm starting to, there's the Bybit trading competition that opens  next week. If you click here, there's a room where all of us are posting all of our trades.

30:34 So you  can see I've started to post. My first buy was NVIDIA. I posted this morning. I said I'm buying  it at 176.07. Here it is. I'll actually make it bigger for you guys so you can see. It's now  trading at 178.59. Bang, we're up 7.16% on our investment because I went in on a 5X leverage.  I'm going to be posting in this room. So how do you get to the room?

30:56 You go to Insert.Trade.  You click on this room over here. Anyone can sign up. Anyone can sign up to Insert.Trade and  into that room over there. When you get here, connect an exchange. If you want to trade with us,  connect an exchange. You can connect to exchange. And then basically every single trade you can just  copy by just clicking on the buy button over here.

31:18 So you can actually just click here and you can  actually just follow the trades. Tomorrow all the banter hosts will be in this room and we'll all  be posting our Bybit WSOT because the World Series of Trading Competition actually starts later  this week and you can win after $10 million. So, yes, that's it. For now, I'm  deploying. Let's look at, I mean, is there anything else to deploy into?

31:37 AVAX  has their first tokenized transaction by, I think, a NYSE affiliated company. I'll quickly  get you that news over there that came out just before the show. Okay, New York Stock Exchange  said on Monday that it would settle a tokenized stock on its 24/7 trading platform. Oh, they've  also got a 24/7 trading platform exclusively using the Avalanche blockchain, and that's  why AVAX is up.

31:59 Pearl moving down. Remember, my entry price here is 90 cents. I'm not really  touching it yet. Arbitrum went up and Kinetic went down. Kinetic is the proxy token for the new  Hyperliquid L2, which is called Elysium. Yes, that one is basically coming down. So, yeah, Elysium  is now live. It's the Hyperliquid L2. We'll actually spend some more time talking about that  Hyperliquid L2.

32:25 I think it's quite a good one. What else? So, yes, I think, look, the  idea is to say if you're a good investor, you've got to deploy when it feels a little bit  uncomfortable. I think it's starting to feel a little bit uncomfortable now. Unfortunately,  all my buys, my buy zones haven't yet been hit. So I've got to be very, very disciplined  here. I only want to buy like really, really good deals.

32:52 And I've got to be patient because  I'm only sitting on 7% cash. So, you know, when you've got 7% cash, I deployed a bit into  NVIDIA this morning. I'm slightly up on that trade. I mean, if you can call that up. I don't  know if you can call that up. I'm 5.8% up on that trade. I deployed into CoreWeave. You can see  that position's in profit. This one is down, but I'm comfortable holding my IRN position  because, again, I believe in the AI trade.

33:15 I believe all this doom and gloom will be  basically gone. And so, yeah, follow me. Remember, guys, if you do want to follow  us in the group, I'll give you, I mean, in two days we'll open the Black Friday  special to everybody. But otherwise, for now, this Black Friday special is only  open if you are in the Discord or if you have been in the Discord.

33:36 We've obviously got  your Discord username and you can join us. Yeah, I mean, honestly, don't miss this deal  because you'll make this money back in less than one trade. If you're not making $1,000 a year and  you're getting a free Bitfunded trading account, which is a funded trading account, and you're  getting access to the 24/7 Research, the terminal, to Insert.Trade, to all the trading.

33:57 You basically  get a free, yeah, this is a free terminal. Insert.Trade is a free trading terminal. You go  in here, you're plugging your exchange. Go meet me in this room. I'll be dropping trades there.  From tomorrow, we'll all be dropping trades here. Yeah, that's it for today, guys. Yeah, I hope  you enjoyed the show. Is there anything else? Let's just take one last look together at the  market.

34:22 NASDAQ up 3%. You see, already, oh, the election, there was one that I wanted to buy.  I wanted to buy AMD and Micron. Sorry, Micron, not AMD. I've got AMD in my other portfolio.  Micron, but I think it's probably, oh, look at that. Look at that. Let's have a look here.  42% down from its high, but how high is it from the beginning of the year? So beginning  of the year is here.

34:53 So you see the reason why I didn't buy this is because it's still up  150%. So I'll buy that one on the next leg down. Yeah, I'll buy that one on the next leg down.  Is there anything else? Let's quickly just look. SOL's coming down, there's a lot of  breakpoints next week. Yeah. Michael Saylor. Did he buy some more STRC? Let's quickly have  a look here.

35:20 What do you know? Saylor bought some STRC. Saylor issued $10 billion worth  of STRC. Saylor's bought two and a half. He's bought back 25% of his, of the entire issue.  He's bought back. Am I right? Yeah, he spent, he's bought back 25% of the STRC that he issued.  Alright, that's another topic for another day. What else? I'm not talking to you again about 24/7 Research.

35:55 If you're in the Discord and  you don't take advantage of this offer, you're crazy. Absolutely crazy. Alright, Fam,  I'll see you guys again tomorrow. Remember, go to Insert.Trade. We'll be trading in these  trading rooms 24/7 from tomorrow. Everyone's going to be in there trading. I'll see you guys again  tomorrow. Until then, trade well, my friends.