Transcription
So call me crazy, but I just bought $592,000 more Bitcoin. And yes, markets are panicking, ETFs are bleeding, we've had nothing but outflows over 200 million in just the last couple days. We are in extreme fear of 10. Bitcoin is sitting under 60k, and I'm pretty sure everyone thinks I lost it, which is why I'm even more bullish.
And in today's video, I want to talk you through what I'm seeing in the markets, why I'm making the decisions I'm making, and what I think is going to happen next. And I've been in this game long enough that I can spot patterns. I have seen this before. I've seen extreme fear. I've seen the Bitcoin is going to zero headlines before. And although I can't exactly predict what the market is going to do next over the next few weeks, all I know is that this always presents a massive buying opportunity, and I am taking full advantage of it. I am buying assets on discount, I am lending them out, and then I'm borrowing against it and creating cash flow.
Now, I really have a bullish case and a bearish case. My bullish case is, "Hey, we actually didn't hit the bull market." I don't know about you. Let me know in the comments if you've been here for a few cycles. We didn't really feel the euphoria we felt in past cycles, and this bear market does not feel like prior bear markets. Now, I know people like to look at the four-year cycle, but we really don't have enough data to say that that's just the way it's going to be forever and ever. It's great data, but I could see that breaking down. Now, many things outside of crypto would have to align, but again, we did not see the euphoria, and I could see it happening again. I want to be positioned for that. What if Bitcoin goes to $250,000 in the next 6 months? Now, I really don't think that's going to happen, but that is definitely a bullish scenario that could happen. Again, we can't predict the markets, they're crazy.
What's more likely, and it's why I'm positioning myself, is we'll hover around this 60, then we'll see 50, we might even get into the 40s, we'll go sideways for a year or two, and then we'll see the next bull market. Now, look at this, and I I find this really interesting. So let's just look at the chart here, and again, we can't predict what the market is going to do, but if we look at the history of the markets, they do leave clues. Look at this. I find this really interesting and I remember this really, really well is we hit this massive bull market, bit of a psych, the end of that bull market or at least what everyone thought was going to be the end of the bull market, then we had this drop, then we had the end of the bull market, and then we entered a bear market. Boom. And if I move it over, let me just change the scale a bit, but if I move it over, how interesting is that? The start of the bull market, start of the bull market, psych, psych, then a massive run, then a massive run, then a bunch of fear, and a bunch of fear, and then the end of that bull market to all-time highs, and the end of that bull market to all-time highs.
Second thing I'm looking at is net unrealized P&L. Bull market, bear market, bull market, bear market, bull market, bear market, and we're prepping for the next bull market. And if we look at the RSI, overbought, oversold bear market, overbought, oversold bear market, overbought, oversold bear market. And finally, we look at the 200-week. Below the 200-week, bear market. Above the 200-week, massive bull market. Touch the 200-week again, bear market. Bull market. Touch the 200-week again or just below the 200-week, led up to another bear market, and now we are touching the 200-week and below the 200-week. All of that excites me.
So yes, I bought 10 Bitcoin and my next buy is at $52,000. I'm going to buy another 10 Bitcoin. And I had two LPs, both in the six figures, converted fully into Bitcoin, which again, I'm not stressed about. I want to hold Bitcoin. Bitcoin is the digital gold. It is fundamentally different than every asset in crypto, and it's why I'm so bullish on it. I'm ultimately only bullish on two assets. I'd be happy to create a video on why. Just leave it in the comments. I'll film it. But I'm massively bullish on Bitcoin being the digital gold and ETH being an index of like Web3, DeFi, decentralized finance.
Now again, I don't know what's going to happen next, but if we did see in the 40s and we are accumulating, we're using LPs to accumulate or we're dollar cost averaging or we're on-ramping fiat or all of the above, then I'd love to turn around 2.5 million dollars to over 10 million dollars and I will be publicly showing numbers. I'm going to show you what I have in the bear market and then I'll show you what I have during the bull market. I've got my ladder out plan set. I should bank 12 million dollars and that's with a $250,000 price target for Bitcoin. Again, we don't know where that will go, so I only may end up with six, seven, or eight million. I may not hit my 12 million goal, but all I know is I will have a lot more than I have right now and I need to remind you that the money is made now. It's made in the bear market. It's made when everyone is fearful. Yes, you don't always realize the fruits of your labor. You're sowing seeds right now and I know it's it's difficult, especially if you're newer to investing, but I've been playing this game for a long time. And again, I can't tell you what to do. I don't want to tell you what to do. You've got to learn to think for yourself, but historically, this always signals really, really great buying opportunities.
By the way, if you comment free tools below, I'll send you your investor toolkit. In it, you can use our ladder out planner so you can actually position yourself now and be ready for the bull run. And if you want, we could take NUPL 200-week moving average plus some other indicators. We created a free tool. You can literally just use this tool to see where we're at and it basically takes everything I just showed you, throws it into a really simple algorithm, and presents it to you on your screen. These tools are completely free, so just comment free tools below. I'll make sure I send you the toolkit.
And that's why I want to wrap up by saying I can't predict what the market is going to do. Nobody can. We can only look historically. What has the market done and is there any clues that it's leaving? Anything could happen. Literally, anything could happen. We could be completely surprised by a massive bull run or I think more likely we'll stay in a bear market, which again, I don't mind. I just want to accumulate as many quality assets as I can so I can reap the rewards of my efforts now. Anyhow, really, really hope this served you. I'd love to hear your comments below. What are you seeing in the markets? What do you think is going to happen next? There's a lot of power when there's a group of people who are all in conversations about the markets and strategies. Would love to hear your thoughts below.
It's also why we built the UIG. We have a thousand plus investors all in the same room. And the collaborations and the tech and the protocols and the leaders and the influencers and just so much cool stuff has come out of the UIG. Even past instructors went to go launch their own thing. Unfortunately, some of them copied us literally like word for word, which is wild to me. But the point is, it's been like a a breeding ground of so many awesome things in DeFi. Even awesome protocols. To me, it's like the ground level of Yes, there's there's so many awesome things built that that come from the UIG, but it's also a thousand plus investors in conversation daily about the markets, about different strategies. And from that and and me personally, I get a lot of benefit from it, too. From that, it like paints a more holistic picture and helps me make better decisions.
If you do want to check out the Underdog Investor Group, the link will be in the bio, but either way, I hope this video was helpful to you. If it was, smash that like, subscribe to this channel, and in the comments, let me know your thoughts on the markets. I'll see you in the next video. Peace.