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Sept. 8, 2023 - Fresh & Fit

01:29:52

Crypto Mindset Returns!

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Time	Text
	Thank you.
	What's up, guys?
	We're here with the Crypto Mindset, guys.
	We're going to talk about the year of accumulation because that year is here upon us.
	Let's get into it.
	it.
	Let's go.
	What's up, guys?
	Welcome to the Fresh Fit Podcast, man.
	We are here.
	We're here with the Crypto Mindset guys.
	We're here with Miguel and Charlie.
	As you guys know, they've been on the show many times.
	It's the year of accumulation, man.
	Charlie just told me about this a second ago.
	Quick announcement before we get into the show, guys.
	We should be fixed with the sound here in a second on YouTube.
	I know some of y'all were like, hey, there might be an audio issue on YouTube.
	Because we have a little...
	We're experimenting with a new setup right now as far as YouTube and Rumble goes.
	And trust me, it will be worth it.
	Yeah, y'all will see why here in a second.
	But we're live on all the platforms.
	Rumble, YouTube, Twitter, Twitch, Facebook.
	Everywhere we are out there.
	Really only a few announcements, guys.
	CastleClub.tv.
	Join us over there, guys.
	You guys know we got demonetized, so it kind of sucks.
	But if you guys want to support the movement, check us out over there at CastleClub.tv.
	That's basically our locals where we give you guys exclusive behind-the-scenes content that we don't necessarily put on YouTube, whether it's IRL streams, Zoom calls, old Patreon content.
	It's all there.
	So make sure to check us out on CastleClub.tv.
	Also, we just did a fire stream yesterday.
	It was a Thursday impromptu show.
	We talked about the Logan Paul situation with his girl suing Dylan Dennis.
	We actually went through the legal document.
	Yo, the clip about the Holmon was hilarious.
	The Holmon reference.
	Listen, man.
	At the end of the day, man, you know what?
	Logan Paul and Dylan Dennis are going to be a legendary fight because Logan Paul has to make a choice.
	Either his girl or win the fight.
	Either way, can he win?
	Really?
	Who knows?
	We'll find out.
	So, yeah.
	And then also, guys, Rumble.com slash Fresh and Fit, as you guys know, that's home-based for us.
	So if anything ever goes down, we get canceled or whatever, you guys are going to know exactly where to find us.
	Rumble.com slash Fresh and Fit.
	Let's build that up to 500,000 followers, guys.
	On there...
	And let's build up our Clips channel as well.
	Fresh Fit Clips.
	Let's get that one to 1 million subscribers.
	There's still no sound on YouTube, by the way.
	Still no sound?
	But guys, guess what?
	Rumble has sound.
	Yeah, Rumble has sound.
	Rumble.com slash Fresh Fit.
	Okay, we'll figure this out here in a second, guys.
	Fresh, can you do this?
	In the meantime...
	Welcome back, fellas.
	Thanks.
	We're back.
	What's up, man?
	Listen, I know who you are.
	Myron does as well.
	But if the audience doesn't know who you are, tell them who you are.
	We'll start here.
	Crypto Degen started in crypto 2016.
	Went through the 2017 bull market.
	It crashed.
	Recovered my funds through dollar cost averaging, trading and stuff.
	I started a show called Moon Gang with Charlie, and we were doing that for over a year.
	And then we're like, dude, there's got to be a better way to educate people about crypto because we were getting questions every single day.
	You show me how to do stuff.
	And it got to the point where we really couldn't manage all the requests we were getting.
	I mean, we were doing nonstop consultations, trying to help people out, and it just wasn't working.
	So we got to scale this.
	So we came up with the Crypto Mindset course in September of 2020.
	You guys have a lot of members in there, a lot.
	What about you?
	Welcome back.
	Yeah, thanks, man.
	So yeah, my name's Charlie.
	The channel's called Cultivate Crypto.
	So for anybody who doesn't know, I started crypto in 2017.
	I got in with Ethereum first when it was $90.
	The first time it did a Forex, right, it went from $90 to about $400.
	I was like, holy shit, I gotta learn about this stuff.
	So from that point, I dedicated myself to learning about it.
	Generally, I would spend anywhere between like three to eight hours every single day just researching it while I was working and all that stuff.
	But then, yeah, in 2019, I think it was March, I started my channel.
	Bitcoin at the time was around like $3,300.
	And yeah, it's like, hey, let's start this education service for people.
	early stage of a bull market, right?
	Usually people don't know when that's starting to happen.
	So when Myron is talking about the year of accumulation, right, we let people know, okay, here's a four-year cycle for Bitcoin, which affects the rest of crypto.
	Here's exactly how it works.
	And we can talk about that here a little bit today.
	But yeah, we're just out there talking about what is the best way to get into crypto for the long term, because there's a lot of people out there in crypto, right, who will be like, paid shills, right, from different companies and stuff like this.
	And they'll just tell you what.
	Biggest paid shill, they'll tell you what to go over there.
	Exactly, exactly.
	So we saw that a lot in 2017.
	So that's why we started our channel, so that we didn't have to do that, basically.
	I'll never forget when I first heard about you guys, I was like, okay, cool.
	Crypto is dope.
	But when I saw mine's portfolio, it was like very low, you know, but then it went up to like 70k.
	I was like, what?
	Put me into that, coach.
	So you mentioned the year of accumulation.
	What is that all about?
	Yeah, so it's about the Bitcoin four-year cycles.
	So there's some people in crypto that don't like Bitcoin.
	There's some people who love it.
	But whether you like Bitcoin or not, Bitcoin runs the market.
	And so when crypto basically drops once every four years like it did in 2022, it also did in 2018.
	It also did in 2014, right?
	That period of time, people freak out, right?
	And so when people come back to the market, they usually buy Bitcoin first, the most trusted asset, the oldest asset, the most decentralized asset, right?
	And so if we take a look at the four-year cycles, we're in that first year, which means we hit the bottom already at $15,500.
	I think that was actually the week we came here in November of last year was the actual low of Bitcoin's price for the four-year cycle.
	Totally not planned, Charlie.
	- It told everyone to hop in because it was gonna go up. - And it's gone on a 2X since there.
	It's come back down a little bit from there, but that's good because we're in the year of what?
	Accumulation, right?
	So you don't want Bitcoin to run too far.
	You want to be able to buy it along with Ethereum and any other coins that are just solid over the longterm.
	There's kind of a different risk layer like Bitcoin and Ethereum.
	You can buy those.
	Blue chips.
	Close your eyes.
	Just keep getting as many coins as you can.
	It's pretty safe.
	Then, yeah.
	Then the second year of is the year of basically starting to go towards new all time highs.
	Right.
	So it's kind of like the year of Ethereum.
	So we are in the year of accumulation where you basically accumulate all your coins.
	Then we get to the halving, which is next spring.
	It's between March to May.
	So about around maybe April 20th, right around 420.
	That'll be a good time to be like, OK, that's about where the halving is going to happen.
	And what tends to happen in the year of accumulation is everybody in crypto, right, buys Bitcoin, Ethereum and the assets that they want during the bull run.
	They buy that six months before the Bitcoin halving, right?
	Because they know it's going to go up.
	So if we're looking between March to May, then that means six months before there is basically October, November.
	No, no, let me say something really quick because I saw something in the chat that kind of like irked me a little bit.
	Yeah.
	Go ahead, go ahead.
	Which is like, I hear this all the time, Bitcoin, not crypto.
	Bro, so we were here, what, a couple months ago when we went to Bitcoin Miami, right?
	Bitcoin Miami.
	It was an entire Bitcoin event.
	I didn't have one single Bitcoiner tell me to buy Bitcoin.
	Now, all they were doing was talking about shitcoins in private.
	I went to all the private parties and stuff.
	We were here with a lot of people here in town and stuff.
	And all they were talking about was buying altcoins.
	Yeah.
	Pulsechain had just launched and stuff, or was about to launch, and every bitcoiner was talking to us about Pulsechain, or they were talking to us about XRP, or they were talking to us about Dogecoin.
	Back in the day, the hypecoin used to be Dogecoin.
	What is it now?
	It's between...
	I guess it's still...
	So, the hype's going back.
	It's kind of crazy, because we just had Twitter turn into X, right?
	And basically Elon Musk is making Twitter into WeChat.
	That's what's happening.
	He's making it like an inclusive app and stuff.
	They're going to try to do tipping with Dogecoin and Bitcoin.
	What's going to probably happen, which that's not going to disappear, but what I think is going to end up happening with that is Bitcoin tipping is probably going to get expensive, especially next year, once it starts happening.
	And then they'll switch over to Dogecoin, but people still have to tip in Bitcoin, which is good.
	But that's happening there.
	Then people are going to start, I'm pretty sure they're going to start giving credit cards out.
	They're already paying influencers right now.
	I think if you get over 5 million impressions over three months, you start getting paychecks from Twitter.
	Wow.
	Yeah, that's happening right now on Twitter.
	So Twitter's become like a new paid platform to make money.
	That's dope.
	So take us back because obviously we have new viewers in the chat and they want to know what coins to buy, why should I buy these, and as a beginner, how many should I buy at start?
	One or two at max.
	We should start off Bitcoin, Ethereum, just to get your feet wet.
	Right now, it's just such a risk-free bet in terms of...
	November of last year, we did the mega course, that big mega course.
	That same week, we ended up getting the all-time low for both Bitcoin and Ethereum.
	Our guys were buying $700 Ethereum, and guys were buying $15,500 Bitcoin.
	Now, we've entered the space.
	The reason we came on here today is because we want to come on when the prices are going down so people get in at good prices.
	We don't want to come on here when the prices are literally going all the way up.
	Sometimes you can't help it.
	That's when everybody on YouTube starts talking about crypto, right?
	We had a guy that we met actually working at a club.
	He was doing like a buster almost, right?
	Yeah, yeah.
	Like doing services.
	And he said, yo, you guys are amazing, bro.
	I saw your video with Charlie and Miguel about crypto.
	Yeah.
	I said, oh, that's dope.
	He said, no, no, let me show you what happened to me.
	So he had a portfolio, I think like 2,000 in the portfolio.
	Yep, mm-hmm.
	It's like 50k now.
	I have to buy more because of what you guys said on the show.
	You're right.
	And that's the thing, right?
	We're around the same time about four years ago when I helped Myron get into Bitcoin for the first time.
	He was like, what should I get into, right?
	And I was like, well, what's your risk profile?
	How are you looking at the market?
	Are you super degen?
	You're okay to lose all the money and you risk it for that biscuit?
	Or do you want something stable?
	And he was like, yeah, Bitcoin and Ethereum will stick to that for now, right?
	And then he's ventured off into some other stuff later, but By the way, to convince Marin to invest with you, you gotta have a silver tongue, bro, because dude, he's not easy.
	Yeah, yeah, but also the thing is, is like, that's the great thing about Bitcoin, like, where we're at right now, right, in the year of accumulation, it's like the easiest time to get into crypto, but it's the hardest time emotionally.
	So if you go with logic, and you look at all the data of what's happened before every Bitcoin halving, like, you can break it down.
	About, uh...
	400 and some days.
	I'd have to go look at the chart to see exactly.
	It's like 420 or 480 days from the peak where Bitcoin hits all the way down to the bottom of the four-year cycle.
	That happened again.
	That's happened each time in the four-year cycle.
	Then when you go into the halving and you can go about...
	A year and a half after that, then basically that's usually where you get the peak.
	And so if you average everything out, what it comes down to, and I did this on my show back on June 14th, basically I did a stream that broke down exactly, showed the stats, showed the data about how each Bitcoin halving cycle works.
	And about two months later, Pantera Capital, which is one of the earliest and biggest hedge funds in crypto, one of the most successful, the first investors in DeFi, they said the same exact thing, which was from Bitcoin's low of 15,000, by the time we get to the halving, we should be anywhere between about $35,000. we should be anywhere between about $35,000.
	To $45,000 Bitcoin.
	Right now we're at $26,000, $25,000, right?
	Double your money, basically.
	Almost, yeah.
	Like an 80%, 90% increase from here into March, April, May of next year.
	That's an easy bet.
	So everybody in crypto who's building something starts accumulating now aggressively and then builds into the halving.
	And then from the halving, which is, like I said, next spring, about a year and a half after that, Sell.
	Rinse, repeat.
	Whoever listens to that information is going to make some goddamn money right now.
	I'm glad you said it because last time I invested with you guys, I got Ethereum.
	And I sold some of it to buy a watch.
	My first watch, actually.
	You guys saw on the show.
	But when should somebody sell, you would say?
	So a year and a half after the halving is the area where the sell comes in.
	Now, me and Miguel have done some...
	What do you call it?
	Calculations on like where everything can go.
	And actually it was hilarious.
	We did a stream about maybe two or three weeks after that in June.
	And we said, okay, we think Bitcoin at the peak of this bull market, a reasonable to kind of a little bit higher price would be about $160,000 per Bitcoin somewhere between April of 2025 to about November of 2025.
	Got it.
	Most likely in October, but somewhere around there, right?
	And so if you have an idea of that, then you can be like – and Pantera Capital said about $147,000 and around the same time period about two months later.
	So it's interesting to see some of the best people in the space agreeing with us.
	But then if you're like, okay, I want to take profits, you're not going to sell everything on the day at the top.
	That's just dumb.
	Of course.
	Right?
	It's just not going to happen for most people.
	So instead, right, you can be like, okay, I got 18 months after the halving, so about two years from now, right?
	About nine months before the two-year mark, right?
	Or even a whole year before the two-year mark, so maybe like October of 2024.
	Right?
	You start taking some profits.
	And you take profits on something, on the assets that have moved the most.
	So if you bought Bitcoin and Ethereum, they, let's say, go up, you know, at end of 24, Bitcoin starts breaking into new all-time highs.
	It's at $80,000, let's say.
	Right?
	End of next year.
	Then, okay, how many X's did you make from, let's say, 25,000?
	About a 3X. So you could take a third of that.
	Bank it.
	Now you cannot lose money, right?
	And then you take two-thirds of that and then over that next, you know, nine months to a year period, then you scale it out on a weekly basis, monthly basis, quarterly basis, depending on how you want to do it.
	Smart.
	It's funny because one of my members in the network, they took some of the money out and they bought a property with some of it.
	It's kept in crypto.
	So that's really smart.
	That's great.
	Yeah, because it's property and crypto.
	It's usually one of the two and stuff, because usually I notice a lot of crypto guys get into real estate because we want stability and stuff.
	So that's usually what's going to end up happening and stuff like that.
	But it's kind of like Charlie said, yeah, what will end up happening sometime late 24, maybe in 25, just on Bitcoin and Ethereum, you could be up five times on your money.
	And then this is where you can sell 20% of it off and kind of get all the money you put into crypto back in your pocket.
	And then now you're kind of waiting for these signals.
	People don't give Fresh enough credit for this stuff, but you really got your ear to the ground and you see what's going on in Miami.
	When you start seeing the NFT boys start partying, and I'm being kind of serious about this shit.
	And it's not like older dudes.
	When you start seeing the young cats, like 18, 21, 24, and younger, they're like Lambos and everything like that.
	Fresh, you call me.
	Yo, bro, them boys are back.
	Yeah, it's funny because you see waves of people come in the scene and come out of it, and it's always those guys that are flashy at the very beginning.
	They don't have the time, but like, I want to say Stable Foundation, always with their way.
	But W. Myron, the audio's not fixed on YouTube.
	Yeah, we're good now.
	Mimo and Bill's fixed it in the back for y'all.
	Sorry about that, guys.
	We're experimenting right now with something, but I think Mo's working on it and fixing it in the back.
	But we're good now.
	We're on YouTube.
	We're on all the platforms with full audio, so yeah, we should be good.
	And guys, this might be a little bit of a conspiracy, but the government.
	People are scared of CDC, or whatever you want to call it, taking over and destroying crypto.
	What's your take on that?
	So central bank digital currency, CBDC, is going to come.
	There's still a lot of people who are in denial that it will ever happen.
	They're like, we don't need it.
	And yeah, as citizens, we don't need it.
	Money is already digital.
	Right?
	But the reason why the government wants it is for control, right?
	And also, you know, control of the U.S. dollar.
	With inflation right now, the Fed is doing its best to try to control inflation, continue to control the U.S. dollar.
	They need a scenario where basically they have an excuse to adjust things, right?
	And so...
	I mean, the government can do whatever they want, and then if we do the same thing, we go to jail, right?
	So politicians and bankers, you know, they're not untouchable, but, you know, comparatively towards, you know, the average citizen, they get away with a lot of shit.
	So they're going to do that, right?
	And should you be scared of it?
	The thing is, is you don't need to be fearful.
	I think most people actually won't care because, right, we've talked about this before, they'll probably give a stimulus check when that comes out and then say, hey, do you want it directly to your phone or do you want it in your bank account in two weeks?
	People are going to take it directly to their phone today in basically cryptocurrency, but they're going to call it digital assets or central bank digital currency.
	And Venmo dollars.
	Right.
	And that's going to people are going to be OK with that for a while.
	And people are like, OK, crypto is dead.
	This is going to beat it.
	And then meanwhile, crypto is going to continue to follow the same cycle, go up in price.
	And then people are going to be like, oh, as they hold their dollars over time in their digital dollars, now they know how to send and receive a cryptocurrency.
	or they know how to send and receive a digital asset because it's kind of like email.
	Back in 1995, nobody knew how to use email.
	By 1998, everybody had 40 different email addresses, you know, something like that, right?
	Same thing with crypto, right?
	Everybody won't know how to use basically an address right now to send and receive crypto, but after the Central Bank digital currency, everybody will.
	The most people will kind of be like frogs in a boiling pot of water.
	They'll be like, oh, this is okay, this is okay, this is okay.
	And then inflation is really, really bad, and you also can't control that money fully.
	Right now, it was Amazon is working with the governments of South Korea, Italy, and Singapore on programmability for of digital assets as it's related to a central bank digital currency.
	So what that means is they're gonna be able to program it so they can turn it on and off when they want to.
	If they don't like what you have to say on YouTube, sorry, you can't use that money we gave you.
	So, you talked about this with George Gammon in Columbia extensively.
	And I don't know if you guys know this, but there's actually a police force that is, I forgot the county that's in, but they have a body cam, right?
	That's an AI set up where they can hear what you're saying and it'll give them a message saying, you know what, he's a bad person or he's good to go.
	So just from your voice alone, they can tell if you're actually a criminal or not.
	That's like a minority report.
	Yeah, dude.
	For example, the black guy died.
	I forgot his name.
	But if they were able to tell him he was going to be a threat to them from the very beginning, they would have used that technology to hold him hostage.
	That's crazy.
	This algorithm.
	It is weird, bro.
	Speech pattern.
	It's crazy.
	But...
	Yeah, so the last point I want to make there is, so then when everybody is able to understand how to use it at the basic level, and then once people start understanding, oh shit, this inflation thing is really going bad, and they start being like, okay, well, this is based on cryptocurrency, I heard, and now I can see cryptocurrency is making me money, so people are going to be more willing to start trying to use Bitcoin, because it's not going to be as scary.
	And that process may take, you know, the rest of this decade to play out.
	But there's a lot of people out there who are in the know.
	There's rumors out there.
	The central bank of digital currency is a hell of a lot closer than most people think, like within the next one year, if not within several months.
	That close?
	Yes.
	They were testing it in Chicago like a month or two ago.
	And the only reason the United States is even pushing forward with this stuff is just because China is already way ahead of them already.
	So they're just like, they're speedrunning it right now to get it passed and stuff.
	But the thing is, they'll launch it.
	Through FedNow.
	Yeah, through FedNow and stuff like that, but not a lot of people are going to use it.
	And then when the next crash happens, they'll start printing with it.
	And the only thing I'll tell you to do if you end up getting it right is just spend it as fast as you can on crypto or education or just on something that's tangible because what's going to end up happening is that it's going to be like candy at first.
	There's going to be no restrictions.
	It's free.
	It's just like the regular dollar.
	And as time goes on, they're going to rug your ability soon enough.
	You won't be able to buy guns with it.
	You won't be able to buy this on it.
	It depends on how draconian they end up getting with those money.
	But the thing I'm watching is that they don't make real cash illegal, which is the really scary part because...
	Yeah, I think the only state that's tried that thus far was New York.
	They got a little bit of backlash for it.
	But yeah, people accept that.
	That's bad.
	It's real bad.
	Because they can turn your savings off.
	I don't think the United States will get this bad because we're always going to be kind of China-lite.
	And this is why Twitter X is becoming WeChat.
	And then same thing, last time we were on here, we were talking about the banks, all these Silicon Valley banks are going down and stuff.
	Well, it's because they were trying to get rid of the small banks and all the credit unions in order to centralize the banking structures.
	They wanted to cut half the banks off.
	America really wants half their banks to go bankrupt and get fused and eaten up by the big banks.
	So it's easier to kind of roll out the central bank digital currency.
	Yeah, it's B2C instead of B2B. Right now they're B2B using the banks as their intermediaries to get to the customer when they print money.
	Now they can just send stimmy checks to everybody directly.
	Yeah, it's about being able to give out government handouts easier, but by them doing that, it allows them control.
	It's like, hey, just download this app.
	We'll give you $2,000.
	Whoa, okay.
	And most Americans that are broke are, you know, let's be honest.
	Most Americans are stupid.
	They don't have fat.
	They don't necessarily understand finance.
	They don't even have $500 in savings.
	They're going to go, yeah, sign me up.
	Download an app and get $2,000.
	I'm down.
	Hell yeah.
	You know?
	But could you imagine where this AI and no cash on hand?
	So basically, if you don't do what we say, we just cut you off.
	Yeah, it's Black Mirror.
	I mean, the first little test run of this was Alex Jones.
	Look what happened to Alex Jones.
	And then after that, it was Andrew Tate.
	Then they tried to do it to you guys a little bit.
	It's just weird.
	They're testing it out.
	They had to wait until Alex Jones did something.
	They got him on Sandy Hook stuff.
	And then Andrew Tate was even less shit.
	So it's starting to get to the point where in five years, you just sneeze the wrong way.
	And that's what's so scary is they can turn you off.
	That's why we're so passionate about cryptos, because they can't turn it off.
	The digital rails, right?
	We're in the digital age, or we're going into the digital age this century.
	We're industrial before.
	So they're like, okay, this whole new playing ground, right?
	We get to basically choose, you know, where the borders are, where the lines are, how everything's mapped out.
	That's really what they're trying to do.
	Because as long as they have, you know, the amount of control that they're happy with, I mean, the United States is going to...
	Want people to be free?
	And it's really up to the citizens.
	This is where, you know, whenever you have this big of a shift in money, right, that affects people on a daily basis, people have to let their voices be heard, right?
	This goes back to, like, the basics of the United States, which is, you know, live free or die.
	Don't let the government control you so much so that you have no freedom anymore.
	So as you get your freedom of speech, like Miguel was talking about, or you get your freedom of money starting to get infringed upon, you guys better start learning A, cryptocurrency, because that will allow you to have your money controllable.
	We've seen it in China.
	They've turned off crypto, they've said crypto's illegal, and people still mine Bitcoin there.
	People still use it there.
	Governments cannot shut this shit down.
	So for me, when I see the central bank digital, excuse me, currency over the next one year coming in, it just makes me want to buy more Bitcoin and Ethereum so that I have money that I can control.
	And then if shit hits the fan, you know, I'm rich.
	I'm already fine.
	And this is Bitcoin and Ethereum, not stable coins.
	Right, right.
	But if the world doesn't go to shit...
	Because then you're still rich, you're still doing fine, but then you can also be in this world of basically tokenized securities.
	That's where we're going.
	The stock market will be digitized into crypto.
	So that'll be the next step after the digital currency.
	- Wow. - Okay.
	And guys, real quick, we can hit some of these chats.
	Guys, please get your questions in.
	You got two experts here in cryptocurrency.
	Or, if you're a hater like the guy that called into the show yesterday, and you have a point of contention with what these guys have to say, feel free to send in your chat and your question, and we'd be happy to address it.
	You know, I think a guy called in yesterday, I was doing a live show yesterday, and My beef isn't with you, but you bring those crypto guys, they're scammers.
	Ethereum and Hex are bullshit.
	It's all about Bitcoin.
	It's only Bitcoin.
	Bitcoin is it.
	And I was like...
	Well, bro, they've spoken extensively about Bitcoin and how it's the most stable and that if you're going to invest in only a few assets, Bitcoin and Ethereum is pretty much it.
	Like, what are you talking about?
	They actually agree with you.
	Like, yeah, but they talk about Hex or whatever.
	I'm like, well, they talk about Hex because people ask them what they personally invest in and they say what they personally invest in, but they always say they're coin agnostic and that the two most stable coins are Ethereum and Bitcoin.
	So what are you trying to argue here?
	It's just like, I was just like, dude, people just hate to hate.
	You know what I mean?
	They don't even know what your arguments are.
	I know this is going to come up eventually, probably in the chats.
	Incredible.
	But you want to answer it now?
	Yeah.
	What, Richard?
	Oh, that one.
	Oh, yeah.
	Oh, shit.
	Yeah, yeah, yeah.
	Because that was huge.
	Just before that, one thing I'll say.
	Guys, get your questions in.
	We're going to have them.
	We got the Rumble Rants.
	If you guys want to send us super chats, FNF. Super chat.
	FNF. FNFSuperChat.com.
	FNFSuperChat.com.
	That's basically your Super Chat button at the top of the description and it's also going to be pinned in the chat.
	Okay, guys?
	And the course is live right now as well.
	If you guys want to jump in and have these guys teach you.
	As of this show.
	As of this show, it's live.
	Live now.
	And I'll show you how my crypto portfolio, like I always do.
	It's been going up.
	You inspired me again.
	Yeah, the only thing I wanted to say on that was, the way we talk about coins in the course, because people tend to be very tribalistic or religious zealots.
	Yeah, exactly, on coins.
	So, we're coin agnostic.
	We will make money on any cryptocurrency that's out there, right?
	Of course, in our portfolio, we give a breakdown of how to build a safe portfolio.
	We want at least 50% of your portfolio if you're just starting in crypto to be Bitcoin and or Ethereum, right?
	But then we help you out with the other stuff.
	That's when I was like, you're not credible, bro.
	Yeah, exactly.
	Everything runs on Ethereum.
	I'm like, come on, dude.
	What are you talking about?
	Whatever.
	Go to the other...
	So here's the thing.
	This is why we're coin agnostic versus maximalist, is that a maximalist is just all in on one coin, and basically, if you're buying anything else, you're taking food out of my mouth.
	And that's why they're mad.
	So it's like, this is why the guys earlier were saying Bitcoin, not crypto.
	Bro, most people learned about crypto.
	I mean, they know Bitcoin, but they're buying, like, Dogecoin.
	What ends up happening, like, what they don't understand is, like, it's good that they get into the meme coins, then eventually they learn their lesson and they go to Bitcoin and they get Ethereum.
	But you need something to, like, you need to find out about it.
	Yeah.
	So that's what's so good about it.
	I mean, like, dude, like, I mean, Bitcoiners should be thinking Elon Musk.
	You know how many people he ended up onboarding into crypto because of Dogecoin?
	A lot.
	A lot.
	It's kind of like saying, hey, you know, Tesla's the only stock that I'll buy.
	Anything else in the S&P 500 is a scam.
	It's shit.
	Stupid!
	And I miss having a video.
	Yeah.
	I mean, I can relate to like cars.
	Like when you have a certain car that you like, like a Lambo.
	Yeah.
	Forget Porsche or Ferraris.
	Lambo only.
	So I get it.
	Yeah.
	It's part of club.
	Yeah.
	Okay.
	Did you want to hit the Richard Hurt thing?
	Yeah.
	Oh, yeah.
	Well, we can do it first.
	Okay.
	I'll hit some of these questions.
	Bill, can we pull them up real quick?
	And guys, we should be good on all, like I said, all the platforms now.
	We're back on YouTube.
	Sorry about that little hiccup there.
	Um...
	First I've caught big love from the UK. Shout out to Simon Scott 1.
	Appreciate that.
	We got, what else?
	Albo Ace goes, I have some Bitcoin from a few years ago on local Bitcoins that I forgot about.
	They are shutting down the site in a year.
	What's a good wallet to transfer the funds to, or what else should I do with it?
	Trezor Model T, or you can use a trust wallet or the Coinbase wallet.
	For mobile and stuff like that or online.
	Anywhere where you hold the private keys, right?
	So cold storage or a wallet where you actually have the private keys so the ones he mentioned are the best in the market for that.
	Alright.
	And then we got Fuentes.
	Frustration begins when knowledge ends.
	Shout out to FNF for educating us.
	Knowledge is power.
	Absolutely guys.
	Absolutely.
	Bunny's best bets goes super late because Myron kept poor Mo and Bill's up so late.
	Yeah, we were up late last night.
	Pause.
	It's the masculine investor Charlie Miguel for After Hours.
	How about you guys sit with the ladies and spit some facts.
	Shout out to my Dave.
	That's from Let's Go 5000.
	Appreciate that.
	And then we got Uncommon Studios.
	BTC, ETC, only everything else are shit.
	Coins use cold storage to hold.
	That's probably that same guy.
	Well, the one thing he doesn't understand, I think he means Bitcoin and Ethereum.
	He put ETC, which is Ethereum Classic.
	Classic.
	Which is basically not really a coin that's going to do much.
	So, you know, he's already making the mistakes there.
	Get in the course, bro.
	We'll help you out.
	We'll teach you how to be coin agnostic.
	And then we got here, someone001, I'm a futures trader.
	Thoughts on the CFTC becoming the federal regulatory body of crypto.
	Also, why are crypto futures being traded by mostly private investors as seen in the weekly COT report?
	Interesting question.
	Who is the CFTC? Yeah, the CFTC is basically the other branch.
	It's the Trading Commission, right?
	The National Trading Commission.
	Okay.
	And they basically are, right now they have the purview over Bitcoin, the SEC, right?
	Are they a branch?
	That's what I was going to ask.
	Are they like a branch of the SEC? Yeah.
	They're just like similar to them.
	So the Trading Commission just doesn't have quite as much authority right now over all of crypto.
	It has authority only over Bitcoin.
	Because Bitcoin's a commodity.
	Right.
	So the CFTC... Not a security.
	Not a security.
	They take care of that.
	Whereas the SEC is trying to get everything labeled as a security.
	Everything else other than Bitcoin.
	So one of the reasons why futures contracts are most likely being traded mainly by institutions or more sophisticated investors is because crypto is largely retail-driven.
	And so anybody who uses a tool like futures is going to be a more sophisticated investor.
	They're not going to be your normal average everyday person like a retail trader is.
	What's a futures – what is that specific?
	So basically, it's a way for you to buy Bitcoin on the Chicago Mercantile Exchange, the CME, which is basically a traditional exchange, but you don't buy real Bitcoin.
	You're just buying a paper contract.
	So this is like an IOU that says, you can trade this around, and we'll give you the money equivalent when you cash it out, but we won't give you Bitcoin.
	Yeah, it's mostly used by commodity traders.
	As an example, they're trying to buy corn.
	It's kind of a way they do insurance.
	It's kind of like they bet with or against the price.
	So as an example, if the price is going to...
	You can long and short it.
	You can long and short it, basically.
	So it's a way to protect yourself from commodity prices crashing.
	So, like, if you have a bunch of corn and you're trying to sell it for a high price, but you're afraid that if you keep waiting, you're trying to wait to get a higher price, and then as you sell it, the price crashes, you have these shorts here to give you a bunch of money to then offset your losses.
	So farmers, for example, would use, like, more sophisticated farming operations would use something like that to hedge.
	So if they're like, oh, shit, we could have a bad year, I'll hedge with some futures, so that way, you know, I have less downside risk.
	It's the lock-in prices.
	You're like, at least I'm going to get this much per bushel.
	Right.
	But to answer the question, well, the other thing which this is going to be relevant for is there are spot ETFs, right?
	So they're represented as exchange traded funds, right?
	So the spot ETF, which Bitcoin is trying to get basically approved right now, the next approval date is around October 17th, mid-October.
	There's a bunch of companies trying to get that.
	The difference between that and a futures ETF, so spot versus futures, is the spot ETF actually means the exchange has to buy Bitcoin.
	They're buying real off the market.
	Real Bitcoin off the market for the paper contracts they're selling.
	So one is basically fake money that people are trading around digitally, and the other one is backed by the real thing.
	And the fake one, it comes from this Chicago Mercantile Exchange that you mentioned.
	Correct.
	Or the CME. Is that almost the same as when we discuss Robinhood?
	Remember how Robinhood gives you kind of like similar like an IOU but you don't actually hold the coin?
	Back in the day.
	Back in the day.
	Okay, so now if you buy...
	You can buy real and then...
	So Robinhood no longer sucks.
	No longer...
	Well, it's...
	Yeah, it's a more sophisticated way of doing the same thing.
	Because Robinhood, right, wanted to keep you in their system.
	Yeah.
	Yeah.
	Wall Street players.
	They're not the most friendly towards Bitcoin until recently.
	Right.
	And so they're not like they don't want to get involved with.
	I don't want to learn how to use an address or how to send and receive any of that stuff.
	So they're like and tax wise, it's way better for them to trade on the open exchanges because everything's tracked.
	They.
	If they're a hedge fund, for example, they can stay above board.
	Everybody can see what they're doing.
	Whereas if they're doing it in crypto, they have to learn, okay, how do I track this?
	How do I show this to my customers?
	How do I do all these different things?
	It's too complicated for them in crypto.
	So they usually just, the older boomers stay out of it.
	Okay, so Bitcoin got put on an exchange like Robinhood to grab that audience of the boomers you just mentioned.
	Because a lot of them don't want...
	The futures were more towards the boomers and the more sophisticated investors and then Robinhood's like towards everybody else who doesn't understand the difference between they're getting a real asset or not.
	It's because you're buying stocks and then by having crypto on there you could sell some of your stocks.
	I used to be on Robinhood a long time ago.
	You could just sell your stocks and then you have a cash in the account and then you just buy Bitcoin on there.
	But now they've allowed you where you can buy the crypto and then eventually you can take it off.
	Just like Coinbase.
	Because it used to be, I remember, we were very critical of Robinhood where you couldn't, you would have it, but you couldn't do anything with it.
	Exactly.
	When you bought it on Robinhood.
	Right, you just sell it back again, right?
	Because people started finding out about all the other exchanges and then Robinhood started, they stopped selling so much.
	So now they're like, oh fuck, we gotta be competitive.
	Let's start letting people take their...
	Take it out.
	Yeah, take it out.
	Okay.
	Sorry, Fresh, you had something?
	No, I was just gonna say, like, I'm confident knowing that, like, most people don't have crypto.
	So, like, it's good for us.
	It's a big edge.
	Oh, it's amazing.
	It's good for us, yeah.
	I mean, dude, all the people watching right now, like, you guys are getting put on because it's...
	Look, it's really...
	I mean, look, we only got 1.1k watching on YouTube.
	I mean, that should tell you, like, what...
	You know what I mean?
	But if we got some girls in here, we'll have 20-30,000 people watching.
	We have more Rumble.
	We have like...
	Yeah, how many more?
	Yeah, because we got...
	But sorry.
	But either way, the guys that are watching, y'all have the higher IQ individuals because you guys understand.
	So we got 5,000 y'all watching right now compared to, you know, if we're talking about some BS or girls in here.
	This is why most people are poor, bro.
	But this is a chance to win big.
	Yeah, yeah.
	Well, and value investors, right?
	They tend to be the smarter type of investors.
	When there's blood in the streets, when the markets are screaming bloody murder, right?
	That's the time to get in.
	Everybody knows that, right?
	Warren Buffet says it all the time.
	The most, you know, smartest financial people say it all the time.
	Yet when you tell people, hey, here's the four year cycle.
	Here's the first year of that.
	Here's the year of accumulation.
	Your downside risk on Bitcoin right now is that it goes down to 20,000.
	Your upside risk or reward, right, is that it goes up to 160,000 or 80,000, somewhere in between there.
	Even 105.
	Right, even 105.
	Like, is that a good risk-to-reward ratio?
	Hell yeah.
	Absolutely, right?
	So it's one of the easiest bets to take.
	So value investors, they go with logic, they go with data, they see all of this and they're like, okay, I'll take a bet.
	There might be a recession in the next one year.
	It's actually highly likely that we have a recession in the next one year.
	But like I said before- Aren't we in one right now?
	Since middle of 22.
	Technically, yeah.
	But they won't admit it, right?
	Yeah, of course not.
	The White House put out that BS thing saying, oh guys, we're not in a recession.
	It's like, uh, yeah we are.
	Didn't they change the definition of what it means?
	So they're going to go to the recession.
	The recession they'll finally admit.
	Yeah.
	Basically.
	So the downside risk is there for that.
	But like I was telling Fresh before, going into the halving, right?
	We've done the data on this.
	Pantera Capital's done the data on this.
	A lot of people in the space have.
	Bitcoin should be between, at the halving next spring, $35,000 to $45,000.
	That's higher than what it is now, right?
	So if we get to that point and we have what they declare to be a recession and we come down, We come back down to like 26k where we are now, right?
	And then you can buy more.
	25.8 right now, Bitcoin.
	Right.
	And then we had that same thing in 2020, right?
	Which was the same four years after 2024.
	And so when that happened in 2020, if you bought during the Corona crash, Stocks, Bitcoin, everything.
	You made a shit ton of money.
	A lot of money.
	So going into next spring, accumulating, accumulating tech stocks, AI stuff, crypto, real estate.
	Not yet real estate.
	Real estate will be more like next summer.
	And I can talk about that too.
	Yeah, but like, so anyways, just reasonably speaking, right?
	People right now, the logical people, the value investors, they're looking at this as like, oh shit, I see a lot of opportunity.
	So all the guys in the chat who are in that mode of thinking, they have less fear than most of the market, so it allows them to do that because of logic.
	So the more knowledge you compound, the better of an investor you can become, and the less fearful or greedy you can become, and you tend to do better actions.
	And that's why we try to give people all the knowledge there in the course so they can stack knowledge just as much as they can stack the coins in their portfolio.
	Because I can see someone saying, you know what, I'm going to listen to this advice, buy crypto, but if you don't know what to sell or when to actually buy more, what's the point?
	They're just buying off of hype.
	And the thing is, if they're buying in hype, they're buying all-time highs.
	Right now, this is why I'm so excited.
	I'm buying everything I can.
	I'm buying loads.
	I'm buying so fucking much.
	I'm so excited.
	It's just getting past 2023, getting to 24, then 25.
	We're going to be in some really good...
	What's going on in the next two years is...
	Something I said last time we were here, the interest rates were at 4.75.
	Right now, they're at 5.5%.
	I was being called a little crazy for saying the interest rates are going to go higher.
	We're about to go to 6%.
	Yeah.
	We're about to go to 6%.
	So Jerome Powell has said we're going to get at least another 50 basis points of increases.
	So the next meeting for the Federal Reserve is the 20th of this month, then November 1st, and then December 13th.
	So these are the next three meetings.
	And depending on which of the three they end up doing, we can get 25, then 25.
	And then historically, when they say, okay, we're done increasing, we usually get a little bit of a stock market crash, like 5% to 10% dip in the market.
	And they said they're going to hold the rates there at 6% for over six plus months.
	So that means the summer of next year, if you're a cash buyer of real estate and stuff, probably the bottom of the market's like third quarter for real estate in 2024.
	But if you're trying to actually buy in terms of using credit, you know, 20% down or, you know, a first-time homeowner sort of loan, it'd be sometime in the first quarter of 2025 because interest rates are going to go from 6% in, I would say, the end of this year, and then by the end of 2024, they're going to be at 5% and then 3.5% by the end of 2025.
	So they promise to do 100 basis points drop in 2024 and then 150 to 125 basis points drop in 2025.
	So this is why the market's a little weird.
	We've been in a recession already since the middle of 2022, but it's kind of a weird thing where the interest rates are going to start going down now.
	And you can just tell the audience real quick what actually defines a recession.
	Yeah, it's two consecutive quarters of negative GDP growth.
	Which we've had.
	So we've been in a recession since the middle of last year, which is crazy.
	I mean, we can tell.
	And Bitcoin's hit the low, and FTX fucking happened to Bitcoin.
	Oh, yeah.
	Sam Bankman freed.
	Yeah.
	Fucker's in jail right now, thank God, right?
	Take all of his money away.
	What happened with his business partner?
	His business partner?
	One of his business partners.
	The chick?
	Sorry?
	The girl, right?
	Well, recently, there's a guy named Ryan S. I forgot how to pronounce his last name, basically.
	Okay.
	But he's basically going to give a plea deal, right?
	And this month, he's basically saying, hey, FTX was a criminal operation.
	He was part of it, right?
	And he's basically throwing Sam Bankman-Fried under the bus.
	Under the bus.
	Yeah.
	Weren't they trying to, like, drop some of his charges as well?
	Yeah, they dismissed, like, one or two counts from the indictment.
	But tiny ones were small stuff.
	Yeah, there was, like, BS ones.
	Yeah.
	But they got him so strong on the other stuff that it doesn't matter.
	Coffeezilla?
	Holy crap, bro.
	He got him saying stuff on camera, but it's hilarious, bro.
	Yeah.
	Wow.
	Well, and so the point of that being, right, we already had the worst things that can happen in this market, right?
	And what Miguel said there about interest rates and everything, one thing that you do notice when interest rates get paused, like he was saying after some point next year when they do get paused.
	Yeah.
	When that happens, not a long period of time, but a few months or a couple of years, whenever that's happened in the past, whenever we've had pause at interest rates, Bitcoin has 95% of the time gone up during that period of time.
	With interest rate spikes, yeah.
	With interest rate basically being paused after they've already increased the rates a bunch of times.
	Yeah, and I think this is the importance of being so diversified when it comes to investing, guys.
	I've told y'all before, So like with real estate, right?
	When interest rates go up, it kind of sucks because now when you get a mortgage, a 30-year fix, it's not going to be as good because your cash flow is going to go down.
	Where is it at right now?
	So if you're going to go ahead and get it as an investor, it's going to be somewhere between 8 to 9.
	If you bought yourself, somewhere between 6 to 8, depending on your credit score or whatever.
	So versus a couple of years ago, it was 3%.
	You were getting at 3, 4%.
	All my houses that I have, I'm not really financing none of them.
	Like, I got a couple of houses that I locked in at like three, four percent, so I'm keeping those things, right?
	But when the interest rates go high, I told y'all before, with these high interest savings accounts, since interest rates are going up with the Fed, you go ahead and take advantage and open up one of these high interest savings accounts, and you'll be able to go ahead and make some money back.
	Because 6%, you know, if you have, you know, a million dollars is extensive, but if you have like, let's say $100,000, that's $6,000 a year, right?
	6%.
	Or buy crypto.
	Yeah, and then you can go ahead and or buy crypto because crypto is going to give you a way faster return.
	I just think for the average person that wants to invest in themselves, of course, you get some crypto, get some money for some real estate, but as you become better and you get more knowledgeable about crypto, you learn more, You save your money into crypto?
	Because it's not easy to find deals.
	It's hard for me to find a real estate deal right now.
	So what I'm doing is I'm looking at crypto and I'm looking at high interest savings accounts and I'm just like putting money into those and then I'm putting money into crypto.
	Because you don't need a credit score of crypto.
	You don't need, for example, all these barriers.
	For all you guys out there that have shitty credit, you have some money that you want to dump or invest, excuse me, Well, you're dumping it into an investment.
	Crypto's a good way to go, for some of you guys, until you build up your credit.
	And you guys always say, don't put all your money, put all you can afford to lose.
	You have to be able to afford, like, literally the mindset, we call it crypto mindset for a reason, you have to be willing to lose it.
	You're literally just like, okay, like the first time I bought Ethereum, I'm like, this shit is called Ether.
	I am literally throwing my money into the ether.
	Into the void.
	Into the void.
	They can basically, the next two years, right?
	If you take the course and you jump or watch our YouTube for free, whatever it is, the next two years, right?
	Six months into the halving, you basically buy, right?
	Just buy, buy, buy.
	We'll talk about what's good in crypto that you can buy, how to avoid the bad shit.
	And then, right, you let that appreciate for a year, year and a half.
	You take some profits on that.
	As you're taking profits after you pay your taxes, if you've made a good amount of money from that, let's say you're going to try to average a 20x on your entire portfolio, which is very possible in crypto over that two-year period.
	Let's say your property that you want to buy is, let's say, $100,000.
	Then you just do the backwards math.
	How much money do I need after taxes, right?
	From crypto gains, if I only have X amount to put in now to get to 100,000 in pure profit that can use that cash and go buy real estate in 2025 or 2026.
	There you go.
	Yeah, I mean, yeah, crypto is a fantastic way to get into real estate, right?
	Because, like, here's the thing.
	Let's say your credit sucks right now, right?
	And some of y'all, you guys watch our podcast.
	We've helped you all increase your credit score.
	Which, by the way, we're going to hook you guys up with a credit repair company.
	For some of you guys that got some money and you're like, oh, I don't really know how to get some of these things off my record letters.
	It's very cumbersome and annoying.
	Yeah, you can absolutely do it yourself.
	We actually had Batman Campbell come in and talk about it.
	But if you want to hire someone to do it for you, we're going to go and hook you all up with somebody.
	But the point I'm trying to make is this.
	Your credit sucks, but you got a good job now, you got a little bit of capital, whatever it may be.
	You could take that money, since you don't have the credit score to get into real estate effectively, take that money, put it into crypto.
	It's probably gonna go up if you know what you're doing, right?
	Or at least be a safe place to store it where you're gonna make some kind of money.
	Then, get your credit score up, wait, maybe a year or two, no matter how long it takes.
	You have that money there, and you can use that money, which is probably going to appreciate if you hold it long enough, and use it to get into real estate.
	You know what I would do?
	Going back in time, or if I lost everything, I would get two jobs.
	First job I would pay my bills with, any money I would save up in my account.
	Then a second job, I'd throw that all into crypto.
	In a year or two, If your credit score sucks, guys, it's really one of the best ways to invest if your credit score sucks is cryptocurrency.
	You guys gotta keep watching Money Mondays.
	You guys are the only people out here educating people.
	You want the girls?
	Well, guess what, my friend?
	Without the lifestyle, are you being stable for yourself?
	They ain't coming, bro.
	They ain't coming.
	And the thing with real estate, too, is like, you know, guys, if your credit score is not good, We're talking about interest rates, assuming your credit score is good.
	I'm telling you, 8-9%, assuming your credit score is not shit.
	If it's like shit, bro, you're going to be paying double digits.
	11.
	You can forget it.
	You can forget it.
	So you've got to get your credit score on point, but that's going to take time.
	So in the meantime, while you wait, well, the barrier to entry is pretty low for crypto and the returns are huge.
	Yes, it's risky, but if you're buying fairly stable coins like we tell you all over here, whether it's Bitcoin or Ethereum, You should be straight, man.
	Dude, real estate's gonna be pumping.
	Some of y'all spend money on bottles and clubs, random stuff you don't even need.
	Just invest in yourself.
	I look at my crypto wallet as like, okay, this is like emergency money that I can use if I need it to buy a house or to get out of a tricky situation.
	Yeah.
	And, bro, I haven't really lost that much money because you just buy it at smart times.
	Yeah, it's a long-term savings account.
	It is.
	That's what I tell people.
	Better than a bank.
	Yeah.
	Way better.
	Way better than a bank, and it's the actual fight against long-term inflation, right?
	I mean, if you look at...
	There's some people who are like...
	It's probably the best hedge against it, man.
	Yeah.
	But it has to be long-term.
	Yeah, it has to be long-term.
	And, like, how long have you been in crypto now?
	Like, we're going to go on four years here very soon.
	Exactly.
	Since I met Charlie.
	And Myron, I know, is a value investor because, right, when I was talking to you about crypto back in 2019, around this time, you were like, I'm not so sure about that, but I want to listen.
	I want to hear what it's about.
	Yeah.
	Right.
	And you were looking for opportunity when the market was down.
	Yeah.
	Right.
	And then I explained it to you.
	And one of the things that I thought was hilarious, you said, like, bro, that's way too complicated.
	Can you simplify this shit for me?
	All right, let me try this.
	So I basically brought it back a little bit, and then I'm just like, okay, do this, do that, and the other thing, and you'll be good.
	And now you still have that money as savings.
	It's appreciated.
	Never sold any of it?
	I haven't.
	If you were to have held that in cash, you would have less value of purchasing power right now.
	Purchase a dgen like me.
	Give me a watch.
	You're so tangible.
	I'm like, I get it.
	In Bitcoin, I'm like, oh, some tangible.
	Yeah, yeah, yeah.
	Yeah, you gotta get those quick hits too, right?
	Because if you don't get the W's, right, then sometimes the long-term play is really, really hard, right?
	And so it's like, okay, usually it's like when we're talking to everybody in the class and everything, it's like, okay, what are your goals?
	What are they ultimately?
	Based on the information that we're telling you here on a conservative take of Bitcoin going to, let's say, $110,000.
	That's a conservative take, $110,000?
	But that's within a few years, right?
	Yeah, I would say really, really barely.
	The worst case scenario is $81,000 Bitcoin around the end of 2025.
	Best case scenario, in my opinion, is $225,000 Bitcoin, but that's crazy.
	We're going bonkers.
	So by 2025, $81,000.
	Yeah, easy.
	I bet some people 20k on that if you guys want to take that bet.
	I think it'll go.
	I mean, Bitcoin is becoming more and more and more prominent amongst people as the economy gets worse and worse.
	People are looking into other avenues to store their money, man.
	Right.
	And so, like, go and find those goals, and obviously there's gonna be changes, things happen, so you have to, you know, stick with it over time.
	But we tell people, take those goals that you have, and be like, okay, so one goal, let's say, is I want, you know, something that's a few thousand dollars that I can splurge on.
	Cool.
	Now, long-term, I want something that's a few hundred thousand dollars that I'm not splurging on, but that I can use for generational wealth with my family and all that, right?
	Okay, how do we get to both goals?
	And, right, like, it's kind of like walking to the casino.
	If you're going to try to go to the fast school, that's perfectly fine, right?
	You can make money with Pepe.
	You can make money with different coins, with newer coins, all that stuff.
	But...
	If you walk into the casino with $500, $1,000, $10,000, $100,000, whatever it is, if you go down to zero, are you going to go to the ATM and take out more cash?
	Hell no.
	So if you try to take the home run shot and you swing and you miss, okay, I tried, and then you still have the long-term investment bag, no worries.
	You hit it, which a lot of our guys have.
	We have a lot of guys every quarter.
	They're buying new rims, they're buying new whatever's for their cars, everything, right?
	We told them to buy assets, but you know.
	Sometimes they buy assets, not assets.
	Nah, bro.
	Cheers!
	That's true.
	No, you're right.
	These crypto guys coming to Miami, bro, they'd be tricking on these chicks, man.
	Puerto Rico, Colombia, Brazil.
	We had a couple girls on the pod.
	Oh, yeah, we hung out with this crypto millionaire.
	He was young.
	He was like 21, and he kept spending money for us to hang out with them.
	They did no kingdom niggas, bro.
	They literally paid them to hang out with them.
	Which is why everybody listening to this show needs to listen to your guys' content on both Money Mondays as well as the red pill shit.
	There were some girls that were at house for, what, two, three days?
	And you paid them to stay.
	Jesus.
	That's crazy, bro.
	That's insane.
	What's the point of money if you got a blue pill mindset?
	You got to hit the red pill.
	100%.
	Because then all that's going to happen is you're going to lose the money because you're going to be doing dumb sim stuff.
	And I guarantee you, when they lost the money in that wave of like, you know, what happened with crypto, and they were in the club popping bottles, you know, taking girls on yachts, where are they now?
	Back at work.
	Girls are gone.
	Bro, the amount of people that ask me for money is insane.
	And they have to go back to work.
	Bro, I know a guy that was blowing money crazy, bro.
	I won't say his name because, you know, just because.
	But you know where he works now?
	Chipotle!
	No!
	I was like, what?
	No!
	It won at Brickle.
	I won't say who it is, but it's crazy.
	That's wild.
	Yeah.
	Actually, here's one thing I will say, and I won't go into too many specifics, but one of the ways that I was like, oh shit, we're getting close to the four-year cycle low in the last quarter of last year, September of last year.
	I was on LinkedIn, as I do, like, once a quarter just to see what's happening, you know, in the corporate world with the plebs, right?
	Because we were once plebs.
	But basically, I just watch around to see what happened.
	I noticed there was a person who I knew decently well who was in crypto for a very long time, right, and made good money in crypto.
	And he had quit crypto, gone totally, you know, into his investments and everything.
	And then I saw on LinkedIn, boom, hired, good company, good job, everything, no hate, you know, I respect the guy, but he's crawling back to the old job.
	This dude hated working too.
	Yeah, he had no risk management, right?
	He was like, okay, I'll get rich, and then I'll spend it all, and then I'll go back to the slave job, right?
	Then I'll get rich again, right?
	Go back to zero.
	Go back to the job.
	Boom, boom, boom.
	You never become wealthy.
	You become rich sometimes, but you never become wealthy.
	This is a pattern for a lot of people.
	It's like when you guys talk about guys who work all year just to have one weekend in Miami.
	Get the Lamborghini, get the Ferrari.
	So many people do that.
	Dudes only making like $50,000 a year.
	They say $15,000 and blow it all in one weekend.
	That's their whole life.
	EDC dudes.
	Burning Man guys.
	Burning Man.
	Oh, that was true.
	Wait, was the guy like a millionaire or some shit?
	Well, he put on lane as a millionaire.
	And he made some good money.
	I mean, he tried to get on the show too, but I'll tell you later.
	But I don't want to put it out there.
	How much crypto did he have?
	I don't know the exact amount.
	I've met people who had multi-millions that went back down.
	So he was high six figures and lost it all?
	Yeah, dude.
	Every night in the club.
	Van Dome, you know, Mr.
	Jones, popping bottles.
	I'm like, bruh, what's going on?
	But again, man, gotta be careful.
	But it's got to be anybody, though.
	It's like the Icarus story, right?
	You can fly real high, but you better have made strong wings by that point to not fall.
	Yeah.
	Yo.
	Bro, you gotta be an idiot to have that kind of money and lose it and then be broke again.
	The mindset is, I made the money fast.
	I didn't work for it.
	It just popped up like this.
	You know who else suffers from that?
	OnlyFans, chicks, and strippers.
	100%.
	Bro, they always think to themselves, oh, I'm gonna get this money right back.
	There's girls that have come on this show that we know, guys, that make $50,000, $100,000 a month, and they're still broke.
	Yeah.
	And professional athletes too.
	Yeah, professional athletes.
	I think there's a stat out there that the guys in the NBA who take the most three-point shots, they're the highest risk takers, they tend to become broke after they retire more frequently.
	Oh, wow.
	And this was back in the early 2000s when threes still weren't the majority of the thing.
	So like, Steph Curry, make sure you don't sign with FTX again.
	Yeah, yeah, yeah.
	Make sure you take the pickle bites, of course, and we'll get you good, bro.
	He did do a partnership with them, didn't he?
	Yes, he did.
	Many YouTubers, too.
	His wife has a full-on restaurant losing money in Vegas.
	Damn, bro.
	When we run our channel, we said at the very beginning, when we introduced ourselves, we said, hey, we built our own channels so that we don't have to shill other people's shit.
	Give people good information with this course.
	That's why I love y'all so much, because you guys don't sit there and be like, buy this coin on this exchange, etc.
	You guys are super neutral.
	Hey, These are the exchanges that you can use.
	Hey, these are cold storage wells that you can use.
	Hey, this is what you can invest in.
	Okay, if you're more risk-tolerant, you can go ahead and get this.
	But you guys are able to give pretty much an unbiased answer based on what people ask you.
	Now, people ask you guys all the time, oh, what are you investing, right?
	Miguel might say hexagon, blah, blah, blah, all this other stuff.
	But he's telling you what he invested because you asked him.
	They're like, what do you expect?
	When people get mad at his answer, it's like, this is what it is.
	Speaking of which, real quick.
	Richard Hart, what's going on with that?
	Give us an update.
	I know y'all know him personally.
	What's going on with that?
	So SEC is suing everybody in crypto.
	I mean, everybody.
	Coinbase, Binance.
	They're going after Ethereum.
	So basically what they're doing is they're doing a blanket attack on any of the top 20 cryptos.
	So they went after XRP. XRP gave them a big L. And then literally the next day they went after Richard Hart because basically XRP won their case and they had egg on their face.
	Oh, so they officially won finally.
	This battle has been going on for years.
	They appealed it, so it's still going to be a little bit of a process, but basically the judge said, nah, the SEC is wrong.
	I'm getting so mad.
	I support the XRP guys because I don't think the SEC is completely stepping over the line.
	It's ridiculous.
	I was going to say, wasn't it supposed to be the Crypto Trade Commission that we talked about earlier?
	The CFTC. They control Bitcoin, right?
	And Gary Gensler right now is basically arguing because everything else he thinks is a security, it shouldn't be under the CFTC's purview.
	So he's trying to steal the other branch's, you know, what do you call it?
	Authority, right?
	Okay.
	So the SEC takes everything else that isn't BTC? They're trying to.
	It's a gang warfare.
	Right now, between these two agencies, they're trying to fight to see who controls everything.
	And that's what's going on right now.
	So the only three cryptos that aren't securities is just Bitcoin, Litecoin, Dogecoin.
	But now that Ripple is basically like, yeah, it wasn't sold as a security.
	There's actually emails, the Hinman emails, one of the ex-SEC guys named Bill Hinman.
	In 2017, he wrote an email, talked about Ethereum with Vitalik Buterin in there.
	They actually met him and talked to him in person.
	They said, yeah, this is not a security.
	And then for the last three years, they've been saying, it's a security.
	Yeah.
	But it's not.
	So most of these cases against, you know, Binance, against Coinbase, against Richard Hart.
	Yeah.
	Some people are like, oh, I like Coinbase, but I don't like Richard Hart.
	So, like, this looks bad for him, but I think Coinbase is going to win.
	It's, like, stupid, right?
	Okay.
	So, and I want to make this clear, too, because people are saying that, you know, Richard Hart's scammer, blah, blah, blah, all this other stuff, where he got in trouble.
	Guys, he got civilly sued.
	Being sued and being arrested are two different things.
	It's a civil case.
	Yeah.
	That's like an old lawsuit against him, basically.
	So he pretty much was one of the first guys on the internet, and he ended up creating spam emails.
	He just started spamming out to a bunch of places in terms of he was trying to sell his product, and some guy sued him for $500.
	Richard Hart?
	Yeah.
	It was like Amazon links.
	It was like super dumb.
	So imagine like someone just wants to sue you just for some bullshit.
	Yeah.
	And then he lived in Florida.
	So in order for him to actually show up to court, he had to fly out to Washington and he was like, for $500, bro, I ain't going.
	So then he just paid the 500 bucks and that's it.
	Yeah.
	And this is why like people, when you search his name up, it says scammer.
	No.
	It was like a $500 lawsuit.
	It's pretty dumb.
	Trump's been sued a million times too.
	People forget that.
	Once you have, you know, he has something like 100 plus lawsuits.
	So, okay, so he's being sued and you're saying that the SEC is basically making a civil case against all the top 20 cryptos.
	They're suing all of them.
	As many of them as they can.
	Coinbase being sued, Kraken's being sued, all of them.
	So the SEC allowed Coinbase to sell all types of cryptos.
	Bitcoin, everything.
	So that was like maybe two, three years ago.
	Then they sued him again.
	Hey, why are you guys selling other cryptos?
	You said we could.
	So that's the shit where he's like, they're on some crazy power trip.
	And on top of that, Gary Gensler, right?
	He was caught on video shilling like Algorand.
	Gary Gensler, is he the head of the SEC? Yeah.
	Basically, he got caught on camera basically shilling, like he used to be a professor, he was shilling Algorand.
	Yep.
	He was shilling a bunch of these altcoins to people during twist classes.
	If he's successful and says, okay, Coinbase should go to jail, Richard Hart should go to jail, CZ from, what do you call it, Binance should go to jail.
	He should too.
	Exactly.
	He should too then.
	Exactly.
	What the hell?
	Okay.
	So that's something that people don't want to...
	Okay, so...
	Because everyone's like, oh, Richard Harkowski's a scammer, blah, blah.
	But what they don't want to admit is that everyone's being sued.
	Everybody.
	So basically, because they don't like him, what do they do?
	Pinpoint him only.
	Yeah, pinpoint him only.
	Oh, he's getting sued as a scammer.
	But all these other exchanges and owners...
	Well, not owners, but creators of certain coins are getting sued as well.
	So Uniswap just won their lawsuit a couple days ago.
	So they sued Uniswap.
	They were suing...
	So SEC's suing everyone.
	Everybody.
	It doesn't matter.
	As many people as they can.
	They were coming after influencers as well.
	A lot of the influencer lawsuits are like got more holes in Swiss cheese.
	I mean, it's pretty insane.
	They're just basically seeing...
	You can't come after us because we say, hey, this works, this works, blah, blah.
	Hey, financial advice.
	And we're telling you, we're agnostic over here.
	It's crazy.
	They're not going after the guys that were shilling FTX either.
	Which is...
	Well, we'll see in October what ends up happening with that.
	But they did a lawsuit against Uniswap trying to sue them for basically...
	Having coins launched.
	They're suing Graham Stephan, the Indian dude.
	They're trying to sue fucking Larry David over doing an FTX commercial.
	I completely forgot about that, that they launched a big-ass lawsuit against everyone that pushed FTX, all the biggest influencers.
	Graham Stephan, what's that internet dude's name?
	The Indian dude.
	The chic dude?
	The chic looking dude.
	Someone in the chat is going to say it.
	He's an Indian guy that has a financial channel.
	Is it Minority Mindset?
	Minority Mindset, I think it was.
	A bunch of them.
	Yeah, bro.
	Everyone that puts FTX, they suit all of them, bro.
	That Indian dude, I'm sorry.
	Here's the thing, it's because they're not in the crypto space, so they didn't know, like, this is the problem, is like, if we had their phone number, if I had Grant Steppen's phone number, he lives in Vegas, I would have told them not to do it.
	I would have told them not to do it.
	Y'all were skeptical of FTX from the beginning.
	From the jump, because it was like, they were claiming to be like a US exchange, and they were out of fucking, not Barbados, they were out of, what's it called?
	Bahamas.
	Bahamas, right?
	Hey man, don't put us there, bro.
	Don't put us there, man.
	So they were trying to kill crypto and crypto keeps winning these lawsuits because it's bullshit.
	So what they did is they were trying to sue Uniswap.
	So imagine like you had like, all right, imagine this.
	I'm YouTube and I'm getting sued for having Fresh and Fit On.
	No, they decided to create a channel.
	I don't have any responsibility for that.
	That's what they were trying to do.
	They were trying to sue them for having altcoins being sold on Uniswap.
	Decentralized exchange.
	They can't control.
	I mean, they can, but they're not going to.
	And so what ended up happening...
	It defeats the entire purpose of being decentralized.
	Exactly.
	And so they won that lawsuit because the court agreed.
	Yeah, they can't get in trouble for that.
	They provide the service.
	Here's the website.
	You sell what you want.
	And that's it.
	And the only line that the government does put is on stuff like tornado.cash.
	So it's stuff like coin mixers, which is basically people trying to hide from taxes.
	So it's like, imagine you put an Ethereum inside this contract, and then it splits up your Ethereum into a bunch of pieces.
	And then when you withdraw an Ethereum, no one can track it.
	It looks like brand new Ethereum.
	Oh, wow.
	So they made that illegal, which I can sort of understand.
	You're intentionally trying to hide your shit.
	Yeah.
	But that's the only line that the government in terms of courts have been like, you cannot do that.
	That's the only thing, which I understand.
	But besides that, most people aren't even doing that anyways.
	No, dude, I'm telling you, we've never recommended people to do that at all.
	But we've just told people, just pay your taxes.
	Literally, we tell people, pay their taxes and stuff.
	Shout out to Steve.
	See from accounting.
	See from accounting.
	But, I mean, it's kind of like...
	We're in this crazy kind of mode right now where the SEC is getting kind of dismantled over time.
	They're losing every freaking lawsuit.
	The Richard Hart lawsuit is basically...
	I mean, damn near it's almost over his character.
	That's it.
	It's just an easy target.
	It's just because he was marketing and he was dressing up in Lambos.
	He was straight up doing splits in here.
	He was on the stripper pole.
	But that was just...
	For outreach marketing.
	Yeah, that's what it was.
	Well, and think about this, right?
	How many people in the finance—because everybody's like, oh, there's so many scammers in crypto, people I don't like, da-da-da-da, right?
	How many people on Wall Street do you like, right, who are making money and you're like, I'm going to buy that stock, I'm going to buy this stock, I'm going to bet on that company?
	Have you met most of the CEOs from these companies that you're betting on?
	No.
	You'd probably hate their fucking guts.
	Yeah, yeah.
	Because you don't see them.
	They're behind the scenes.
	Yep.
	Alright, let's hit some of these chats real quick.
	I know you guys got some questions.
	Show everyone something on YouTube and Switch.
	Yo, and guys, do me a favor.
	We got 1.4k y'all watching on YouTube.
	Do me a favor.
	Can y'all like the video?
	Let's get 100% engagement on this thing.
	And then we got another, I think, 5 or 6,000 watching on Rumble.
	Yes.
	So, what are the five most underrated altcoins?
	That's a good one.
	I'll do two.
	You do two or what?
	Yeah, yeah.
	So, two for two.
	Now, God, I'm sorry for this, but...
	I guess one coin, shockingly enough, is I would say Solana.
	Now, it's not my favorite chain and stuff because it keeps going down, but it's one of the only American chains that was built in America, and VCs from Silicon Valley are pumping money with it.
	After they've gone Sam Bankman-Fried, they got rid of a lot of his projects, and they're re-putting money back in.
	So it's going to come back.
	So it just is what it is.
	Cardano is another one I really like.
	Obviously, Hex, Pulse Chain, big underrated ones.
	You can make some good cash on all of these and stuff.
	And these are altcoins.
	You should not be putting all your cash.
	This is like, I'm putting 5% of the portfolio.
	Especially if you're brand new.
	Like me, I've been around for a long time.
	My fear and position is still 30%.
	30% on a...
	And I've been in crypto almost...
	Almost eight years.
	I will say this though.
	Being in the scene, the only coin people I've seen last the test of time is hexagons.
	They've been in the club from day one until now.
	Money grows on trees.
	I'm like, how are you guys doing this, bro?
	What the hell?
	Well, and like two other coins that I'd mention here.
	So like Pulse Chain, I agree, is like one of the most undervalued coins out there.
	As well as there's a coin called Thor Swap.
	Yep.
	Thorswap?
	Thorswap.
	It's like...
	Millionaire!
	T-H-O-R, right?
	It's about, I think, 18 cents right now.
	There's no financial advice, but if you tend to...
	Pattern-wise, if you look at its chart and everything, and it has a burn rate that's pretty good that helps to reduce supply over time, all that stuff, it's an exchange on a fundamental level.
	It's an exchange that allows you to swap coins, like Bitcoin to Ethereum, which usually you have to...
	Change Bitcoin into an Ethereum-based token first to do anything in the Ethereum area.
	So it allows you to do cross-chain swaps, which is interoperability is a huge thing in crypto that doesn't yet exist.
	This exchange helps do that.
	And so that coin, I think, is undervalued.
	I bought it under 30 cents.
	I like that price.
	Under that price is good.
	For another one out here, Illuvium.
	Oh, yes.
	Basically, there's a huge trend out there with Metaverse GameFi that...
	I don't know how much to say right here, right now, but, you know, there's companies that are global, right?
	Not necessarily all US-based, who are going to be using GameFi and the metaverse space, because that's going to be built out globally, whether people like it or not.
	And through there, they're going to be doing different coins, and Illuvium is a gaming coin in that respect.
	But when everybody is basically saying, crypto gaming's done, Metaverse is dead.
	All that's bullshit.
	That's usually a good time to buy, and that's one of the premier assets in that space.
	And there is one good YouTube channel to watch for that content is Alex Becker.
	Yes.
	Alex Becker is straight up one of the smartest guys in the crypto space.
	On Metaverse.
	He's focused only on GameFi.
	So he's just in one little part of crypto.
	So it's like right now they're trying to come out right now with AAA games.
	Imagine you make Call of Duty and then you have these loot boxes and stuff like that.
	So right now the crypto space is trying to come out with their first kind of Big hit right now.
	And that's what's happening right now.
	That's why it's so exciting because, you know, you had Facebook change their name to Meta and then every single GameFi, every single AI coin fucking skyrocketed off of like, because people are like, oh damn, the Metaverse is real.
	This is what Decentraland Sand, Axie Infinity, all these little micro games and stuff.
	They went bananas in price.
	I mean, we're talking about, we're like, I was buying some of these coins for 80% of a penny and they went to three to four dollars.
	Wow.
	I'm talking like literally 400 times on your money.
	Yeah.
	Crazy shit.
	Alluvium is I think around like $40, $50 right now.
	It started out at $40 in 2020 or whatever.
	Yeah.
	Went up to $1,800, right?
	In 2021.
	Now it's back down to $50.
	You know, if you like the platform, if you like the game, if you like the people building it who are well connected in the space, it might not be so bad.
	It's like a Pokemon battler.
	That's what it is.
	It's kind of funny.
	Let's see here.
	What else do we got?
	Poppy goes, Thoughts on Magic Token?
	Will this coin explode like ETH? Oh, here we go.
	So Miguel doesn't necessarily like Matic so much.
	I'm fine with it, but it's a layer two on Ethereum.
	The one thing, Matic back in the day, right, they didn't start as like a coin that was trying to help Ethereum reduce its fees.
	That's what a layer two means.
	So it's basically Ethereum is your layer one infrastructure.
	This is an infrastructure that's on top of that to help basically Ethereum run faster and cheaper.
	Okay.
	So Nike, Disney, a few of these companies are building their projects on Matic.
	So for that reason, I think it'll have success dollar value-wise.
	Cheaper fees to do transactions.
	Because Ethereum is expensive to do transactions with.
	So if those companies are using it and it's a good technology, yeah, I'll bet on it.
	But I'm not going to hold it longer than two years.
	I'll sell that shit for more Ethereum later.
	Now let me give you the cons.
	Go ahead.
	Now, there's a joke that we said, like, Maddox is completely owned by 13 Indians.
	So, like Charlie said, I was very early on in the coin called Decentraland, and in there they promised to essentially be their scaling solution, and essentially they just abandoned that.
	They just left and decided to do a second thing.
	But the one reason why, like, Maddox still is going to make money.
	It is.
	But I'm a little worried for them because of Coinbase.
	Coinbase created their own blockchain called Base Protocol.
	So the big thing that Maddox is known for is BizDev.
	So they're really good at onboarding you as a business.
	You call them, hey, Fresh and Fit, we'll put you on here.
	We'll help you out.
	We have all this business suite stuff so we can put you in there and help you out to do it.
	The thing is with Coinbase, Coinbase has got the right gain.
	If you ask an old person, do you know Coinbase or Matic?
	They're going to say Coinbase.
	So you're going to have every major corporation probably eventually start onboarding into base protocol because it's Coinbase.
	Coinbase is on the stock market.
	They have to be very transparent.
	They don't have a coin on it or nothing like that.
	So this is the reason.
	So now you have a big competitor now.
	Base is a real competitor now.
	Okay.
	Yeah.
	All right.
	And guys, if you guys want more sauce like this, man, they got a course out right now where they're going to go ahead and do a bunch of Zoom calls and teach you guys.
	They're going to talk about it in more detail here in a second.
	Yeah.
	But guys, these are the dudes you guys want to help you out.
	Coinagnostic.
	Hey, you asked them for their opinion on altcoins.
	They're going to give you guys their honest opinion.
	Hey, I am in it.
	I'm not in it.
	This is what I've heard.
	These are the returns I've seen, et cetera.
	Edible Waffles goes, thank you, Freshman, for all you do.
	I've been watching for three years and love the content.
	Thank you, bro, for supporting for so long.
	Learned a lot, and people need to hear this fire.
	Also, would you guys consider doing a video with a Forex guy on Monday with a Forex guy?
	I think we have already.
	We could bring Q Banks back again.
	Yeah.
	And do an episode.
	Because we didn't actually talk about trading with him.
	We didn't.
	We just talked about his life.
	Yeah.
	So maybe we could bring him back and talk about trading.
	Does Lambo Raul do Forex?
	Yes, he does.
	I think he does, right?
	He might trade stocks and stuff, but he's a cool dude.
	I think he's a day trader.
	Yeah.
	We'll go ahead and do a Forex episode.
	Because I don't think we've...
	Not done a Forex show.
	Text it right now.
	So, alright.
	We got y'all.
	We'll make it happen.
	But I'm going to warn y'all.
	It's risky.
	It's not for everybody.
	It is.
	I'm going to make that very clear for you guys.
	You know, I know there's people that want to trade Forex and stuff, but it's very risky.
	31 million sheep took an absolute haircut on it.
	Do I dump it or hold it for Lotto?
	So if you've held it this long, so it's all about, again, the four-year cycles, right?
	So I said the first year, which is this year, is the year of accumulation.
	Next year is the year of Ethereum and then some altcoins.
	2025 is the year of the top and also altcoin seasons.
	And then 2026 is the year of the dump, right?
	And so he held through the year of the dump of 2022 in that four-year cycle.
	And he held it all the way to the bottom.
	And then now we're back up a little bit again.
	Yeah.
	Might as well hold it out now.
	You've been through the bottom, my friend.
	Time to collect on that.
	This guy's a smart guy, but you also have to notice he's starting to waver a little bit.
	This is when people drop the bag.
	Correct.
	So it's like if you held this long, what I would probably tell you, I haven't checked the price on it.
	If you're really down significantly on it, you'd just be better off doubling the size of the bag and just chilling on it.
	Yeah, just buy the same amount for a way cheaper price.
	Don't do anything with it until late 24.
	Then you can sell it for some profit.
	Good.
	If you really don't like it and you're just like, I can't manage holding this anymore, I don't want to be reminded of it, then just turn it into something that's more stable over the long term like Ethereum or another coin like that.
	So this is why it's so important.
	This is why we're getting these low altcoin prices is because people are now like, well, maybe I should drop it now.
	And then they're dropping it to me.
	And to BlackRock and to, you know, the smart investors.
	Exactly.
	Okay.
	Alright, who's up?
	What's up next?
	Yeah.
	We got...
	And then we got a...
	We're gonna close out here soon, guys.
	We got a second show for you guys with Joe McBride, a.k.a.
	Andrew and Tristan's lawyers.
	We're gonna talk about the case.
	Danger Aaron goes, what are your thoughts on crypto casinos like Stake or Dual Bits?
	What coins should I use to play with and should I vault my earnings?
	No.
	Yeah, dangerous.
	Don't do it.
	Alright, so Stake just got hacked by the Lazarus Group, which is North Korea's cyber...
	Oh, wow.
	The gambling site?
	Stake?
	They got hacked for $24 million.
	And North Korea jacked them.
	They're the ones paying a lot of the influencers the most money.
	They do have bread, though, bro.
	No, they do have bread.
	Because, I mean, gambling is, I mean, dude, free, like, free, like, you release anything into freedom where anyone can do it anytime, it's massive.
	But the problem is, is like, bro, if, like, Lazarus Groups is after you, I mean, dude, it's like talking about, like, I'm the elusive man, or some shit.
	And the FBI is after them.
	Dude, it's super dangerous.
	Never bank your profits.
	This is the same thing we tell our students.
	If you're investing into a new L1 or an L2 that you don't really trust, you don't keep all your Ethereum on there.
	Are you crazy?
	You invest what you're going to invest in there.
	All the rest of your money should be back in your fucking wallet.
	In your wallet, under your control, on Ethereum.
	Chilling.
	Because you leave your money lying around in some random chain and stuff, you're going to get jacked.
	We have students, and it's happened to us and stuff, we're like...
	Some of these chains start to do some funny stuff and then we start seeing, we start pulling, we pull our money out before we get rugged.
	Okay.
	Because you start noticing weird little things like bridges starting to get real slow.
	Nobody wants to get rugged.
	Exactly.
	And we let you guys know that in the course and on our channels.
	Yeah, we warned people against Luna and everything that collapses.
	Yeah, we told people to take profit on Luna.
	But we saw that a mile away.
	I was just shocked how fast it went.
	I thought it was, oh, this is going to take four months for it to go to zero.
	No, no.
	It was within a week.
	Yeah, we were talking about that in our course about nine months before it happened.
	We told you guys, hey, this could be dangerous.
	You can make some money on it.
	But then when it got to $100, we're like, sell, sell, sell.
	And then there were some people that were too emotionally invested.
	They're like, I don't think so.
	I'm like, no, bro.
	Not that financial advice, but I would highly recommend, and some of them held down to zero.
	So, you know, when we tell you guys to be careful of these things, we're serious.
	So, look what these guys were calling themselves.
	So, the guys in Luna were calling themselves lunatics.
	And, like, Terra was their altcoin, and they were calling themselves terrorists.
	I'm serious, like, their own community was like, yeah, we're lunatics and terrorists.
	Shut up, Doquan.
	What's up next?
	Montenegro.
	The businessman goes, crypto is a greater fool theory.
	Blockchain is a revolutionary technology, but crypto is just lotto tickets.
	It's gambling.
	I'm surprised Myron's bullshit meter hasn't set off.
	So Myron, that Bitcoin in your wallet, can you spend it?
	Can you use it?
	Can you liquidate it?
	Is it up from where you started?
	Absolutely.
	If you would have held it in cash, would inflation have eaten that cash more than what it has in Bitcoin?
	Yeah, absolutely.
	I would have lost way more buying power.
	Right, and is Bitcoin a decentralized network that, you know, is across the entire globe that nobody can control and has a limited supply?
	Yeah, haters gonna hate, man.
	Yeah, no, it's like, come on, just logic, you know?
	Haters gonna hate, bro.
	It's just like...
	This is what I've realized that people have their investment class and they're just so heavy in that investment class and they say everything else is bullshit.
	You know what the real greater fool theory is?
	What?
	The US dollar.
	And all fiat currency.
	All fiat currency.
	Why?
	Not because it's not valuable.
	It's very valuable within one calendar year.
	You can use it.
	It's great.
	But after that, they slowly steal your money away through inflation.
	It used to be a stealth stealing, right?
	Two, three percent?
	Yeah.
	Now they're fucking jacking you right to your face and people are not noticing it.
	Yeah.
	I mean, look at household everyday items.
	They're going up in price significantly.
	That's how you're getting robbed.
	The hourly wage for people at McDonald's.
	Yeah.
	You know, same thing.
	So, you guys never miss.
	Thank you for continuing to drop gems and help guys like myself understand their worth and become more valuable.
	Buy the book, join the CEO network, and like the damn video, WFNF. I appreciate that, my friend.
	What else?
	I think we got two more rants.
	The businessman goes, explain to me how crypto isn't greater.
	Fool theory.
	I'm not surprised.
	Fresh believes these dudes.
	But Myron, wake up.
	It's gambling.
	So let me add one thing on the Bitcoin halving here, businessman.
	Yeah, I believe them, bro.
	Too bad.
	One more thing about the halving, right?
	So going into the halving, Bitcoin supply from there on out will be reduced by half, meaning the miners who generally mine one Bitcoin every 10 minutes, right, they will have half as much Bitcoin as a reward, right?
	So I think right now it's like, what is it, 3.25 Bitcoin per reward every 10 minutes.
	Now it's going to be cut in half to like 1.125, right?
	And so, okay, what if...
	Talking about supply-demand, basically, right?
	So greater fool theory requires more demand, right?
	More people coming in.
	If demand stays the same, you don't have any other fools coming in and buying Bitcoin, will the price when the supply gets reduced go up?
	The answer is absolutely it will.
	So Bitcoin doesn't need more people in it to increase in value, but it does do this thing which is magically, you know, a product of the internet and the digital age called the network effect, right?
	Which if you add more nodes or more people to the network, That network becomes more valuable inherently as a utility.
	So a utility for Bitcoin to move your money anywhere in the world, when you want, where you want, and to who you want, is the utility of that.
	So it doesn't require more people to go up in price.
	But if more people come in, then it goes up a lot more in price, that's true.
	Right.
	There you go, my friend.
	There's your answer to it being gambling.
	My girlfriend's buying cars.
	All paid for from Bitcoin.
	Right.
	Everything's about supply and demand.
	If you don't have no demand, your business is a Ponzi.
	If no one buys anything from your business, you go belly up.
	Everything's about demand.
	Alright.
	What else do we got here?
	Santino goes, any advice on staking crypto?
	Is it a W or L? Depends on the crypto.
	Yeah.
	Depends on the crypto.
	With Illuvium, it's a W. Yeah.
	And not staking on these centralized exchanges.
	You're better off just leaving it in your wallet.
	Because I don't like...
	If you can avoid centralized exchanges, avoid them, please.
	Yeah.
	We got some Super Chats here.
	Yeah.
	Okay, so we got Ahoy, Timmer Turner.
	Hey guys, why don't you bring Michael, Rainey, and Gianni from Power.
	They've got a pod too.
	I'm sure they'd be down for a clap.
	I don't know who they are.
	It's a TV show, I think.
	Oh.
	Oh, the 50 Cent one?
	50 Cent.
	Yeah, yeah, yeah.
	Miguel and Chuck, I don't care what nobody say, y'all the goats, and Myron, wave check.
	Oh.
	Them waves.
	I called the Ben and Myron on that before the show.
	It's looking good.
	It's looking good.
	I got my hair back, man.
	Fresh, what have you done to him?
	Listen, man.
	I'll just say he...
	Fresh is losing the battle, by the way, guys.
	I gave up.
	Hold on.
	You know why I gave up?
	Because, like, bro...
	Oh, now I gave up.
	He did too much, man.
	Every second, blushing your hair.
	I don't want to do that no more, bro.
	I did that 10 years ago.
	No, but he was like, oh, yo, Myron, my way is better than yours.
	All right, man.
	We'll see, bro.
	I had nothing here, man.
	So yeah, you just take the L, bro.
	Miguel, you met GG33. He said next year is money year 9LP. Do you think I should buy some more MANA, ETH, XRP, and keep investing in Spine ETS before this year is over?
	Yeah, I'd probably chill out on Mana.
	You can probably buy ETH and XRP. Yeah, you're fine on that.
	I'd probably get some Cardano or Soul.
	Just little bags or just some OP or something like that.
	That way you're a little more diversified.
	Yeah, that's plenty good.
	And then, will DOT recover and live up to its potential?
	That comes from Wayne.
	This is the cycle.
	We're going to find out.
	Same thing with Adam.
	Adam and Dot are on the chopping block for this cycle.
	We're going to see who ends up working.
	If Cardano could make it, I'm pretty sure it'll be fine.
	And then, how many more do we got?
	Oh, the last one right here?
	Okay.
	Tech Poppy goes 10 bucks.
	Shout out to Freshest Crypto Litmus Test.
	Your coin's still around and still in the club.
	Bye, bye, bye.
	Yes, sir.
	Very funny.
	And yo, guys, do me a favor, man.
	Just like the video on YouTube, man.
	We got about 1.4K of y'all here watching on YouTube, so like the video.
	Let's get up to 100% engagement.
	We got a double.
	We got a three-piece for y'all.
	We're going to go live here very soon with Joel McBride, a.k.a.
	Andrew, Tristan's attorney.
	Hey, we got some Rumble rants, like a little bit more.
	I'm just getting them up right now.
	Oh, some more rants?
	Okay, let's bring them up real quick.
	And then also, guys, can you tell them about, while they pull this up, can you tell them about the course real fast, what they get?
	Yeah, I can tell them what's included in the course and everything.
	So today is September 8th, so the first day that we've launched the Crypto Mindset course.
	It'll be available for five days.
	So until the 12th at midnight Pacific Standard Time, you can get in the course.
	So go in the description link or also...
	There you go.
	Or also in the chat.
	I think the link's been put in there.
	So go there and you'll support Fresh and Fit in that way as well.
	So the process for getting into the course, once you've paid, I'll mention that and then I'll mention what you get with it.
	Please go ahead.
	We do this on Telegram, which is an encrypted service, which is safe for people who are basically talking about cryptocurrency.
	It is the Wild West.
	And so we get you into a telegram within 24 hours after purchase.
	We will email you directly after your purchase within 24 hours.
	If you don't get it, look in your spam or promotions folder.
	It may get filtered out into there.
	If you don't have an email at all within 24 hours after purchasing the course, Then, email us at support at cultivatecrypto.com and we'll basically help you out.
	And we've taken care of a lot of people that way.
	And then, once you get into the Telegram, for the next week or so, you'll be able to talk with everybody in the chat.
	If you don't know anything about crypto, people in the chat, we already have experienced people, will teach you some extra information.
	If you already know about crypto, you want some holes filled, everybody in there talks about what's happening in crypto right now.
	Then, around September 20th or so, we'll let you guys know specifically, but around that date, I have to look at my calendar.
	22nd.
	22nd.
	Which day of the week?
	Friday?
	It's Friday.
	There we go.
	So Friday the 22nd, we'll start the webinars, and the webinars are twice a day at 10 a.m.
	and 10 p.m.
	Eastern Standard Time.
	Nice.
	They are about an hour and a half to two hours of core information, different subject each time, right?
	And so that's 15 live webinars that we do over the course of two weeks.
	Very detailed and intensive too, man.
	You are going to become an expert when it comes to assessing crypto.
	Here's the great thing, right?
	I can guarantee you this.
	Within your local area and your family, you will become your resident crypto expert.
	110%.
	Like, we've had virtually everybody who's taken the course, that has happened to them, so.
	I think the most important thing is you guys teach them how to understand crypto so that they make the best investments for themselves.
	You teach them how to fish versus giving them the fish.
	Exactly.
	So then once we start the webinars on the 22nd, it'll be twice a day.
	We'll do two days on.
	Two days off.
	Two days on, two days off over the course of two weeks.
	Get those 15 live webinars in there.
	We'll give you five pre-recorded so that when you come into the course, you already can look at how to set up wallets and everything like that if you don't know how to do that.
	And then this quarter, we're doing two extra webinars on top of the 15.
	So we're going to do 17 in total that basically have been voted on already by some people who've taken courses in the past on different subjects that they want to learn more about.
	And then we're also, when we do enter the course, we'll give some of the newer people a little bit of say as well.
	So we're going to do two customized webinars this quarter for everybody as a little bit extra.
	And we have some other stuff planned in there in terms of guests and everything.
	We have industry guests coming in, all that stuff.
	But it is like a boot camp.
	It's a firehose of information.
	And you can use that information.
	It never goes away.
	You can basically go to the Telegram group six months from now.
	You can still see the link to the videos.
	Go and continue to do research because spaced repetition is the best way to learn.
	So you take the course of those two weeks.
	You got a shit ton of information.
	See how much you retain.
	Start doing crypto throughout the quarter.
	Follow what we're telling you basically on what's happening in the market.
	And then, you know, as you learn, go back to that information that you bought and then be like, okay, I need to focus more on my technical analysis or my fundamental analysis or my on-chain data or whatever it is that you need to learn more about.
	You can always come back to that information.
	We won't take it away.
	Nice.
	So guys, get the course man, goddammit.
	The only way to invest in dollar is dollar-cost averaging.
	Timing the market is pretty dumb.
	Please ask the expert what a hash hair is and what it indicates?
	I think he means hash rate.
	So hash rate essentially is like how competitive is it to mine one bitcoin right now.
	So the higher the hash rate, the more people are trying to get bitcoin, the more miners there are trying to compete for bitcoin.
	So right now we're pretty much at an all-time high in hash rate, meaning all the miners right now are aggressively bidding against each other with computing power to try to get more Bitcoin.
	So that's what that is.
	Thanks, BlackRock.
	I also say one thing, my name is literally Dollar Cost Crypto.
	We preach dollar cost averaging.
	Spanx Uno says, now that Atropa and PDA has renounced their contracts, have you changed your minds on those tokens?
	A little bit.
	I mean, hey, I don't want the guys to get wrecked on it, but hey, if PDA and them go to a dollar and Atropa goes up, hey, shout out to you guys.
	But just be careful, you guys, because...
	There is people who got into those coins very cheaply, and we're in a bear market, so they could take profits on your head if you're not careful, so be careful.
	But no hate.
	Sunny Tara says, Just bought Q3 Crypto Mindset in the RH ecosystem at the moment.
	These Bitcoin maximalists are cucks.
	Helpful cucks, but still help.
	That's hilarious.
	Congratulations, Ben.
	All right.
	TDC goes, I already had a Nano X Crypto Wallet.
	Is my crypto safe?
	Yes.
	Yeah, so Ledger Nano is fine.
	Okay.
	And then the last four here.
	Talk about the waste of energy it takes to mine.
	Bitcoin, only ones winning are energy businesses.
	That's the businessman.
	Okay.
	I think he just hates crypto.
	Yeah.
	What is the best wallet or what wallet are you using?
	Treasure Model T. Yeah.
	What else do we got here?
	That's from Zorau.
	Beastro goes, fan from New Zealand, but watch it for a minute.
	Keep it up.
	It's off topic, but your Fresh Fit Clip link on Rumble doesn't link to your channel, but to someone else's.
	Uh-oh.
	I'm going to make that fix.
	I appreciate that so much.
	Yeah, thanks.
	Yeah, the link, I guess, for the Clips channel doesn't go to the right one.
	Oh, my God, with this guy.
	I'm not surprised you're smarter than this.
	All right, thanks.
	His bank account says different.
	Yeah, that's fine, bro.
	You can say what you want, but I've seen the return, so it's like, okay.
	All right, cool.
	Guys, where can I find y'all, man?
	You can find me at DollCostCrypto, YouTube, Instagram, Twitter, all over.
	Verified all over worldwide.
	Same thing.
	Cultivate crypto everywhere, especially on YouTube.
	Perfect.
	Yeah, just make sure it's fixed.
	Alright, we'll catch you guys back here in about 15-20 minutes.
	We're going to be back here with Joe McBride.
	It's going to be a lit episode.
	Go ahead and make sure to tune in, guys.
	Save this space right here.
	We're going to be on all the platforms.
	Peace!

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