Transcription
No, the title of this video is not clickbait.
And as you guys know, I would never do that.
I would never use hypey headlines ever
to attract your clicks on YouTube.
That is not me very serious channel here.
But on a serious note, selling is
top of my mind right now.
We need to talk about it.
You need to be thinking about selling right now.
I will speak about that a little
bit more here in a second. Now.
Yes, yes, I am still bullish.
I think we are about to see super crazy hard pumps.
I think things are about to run like nuts.
We're even going to be seeing new coins
that will be coming on the market.
Pumping turbo hard, for example.
Did you see pen we talked about it last month up
20x from when we first mentioned it literally a month ago.
Or PI up like 10x's.
We're seeing this left and right
in the markets right now.
And there's a few coins, there's a few
projects which I think are going to do
phenomenally well that are hitting the market that
I will be subtly mentioning in this video.
So for all you degenerate pieces of you little cards, you
just come to this channel looking for to ape into.
Yes, you will be provided that entertainment
in this video, I promise you.
But that is not the point of this video and
it is more so an indicator of why we need
to talk about selling and why this is probably the
most important video I will make for you in this
entire cycle, probably on this entire channel.
If you're semi new here, if you've been
around for a while, you've seen my other
videos on selling, you know, it's something I
talk about a lot unlike other channels.
But I'm going to be very serious today because
we need to sit down and talk about this.
Because if you have any intention of leaving with
any kind of money in crypto, by the way,
95% of people do not make money here.
You have better odds in Vegas.
If you have any intent of actually leaving this casino
in cash, I beg you, I plead with you.
If I could, I would hold you hostage with a
gun and force you to watch this video because this
will be the most important thing you watch all bruin.
This is the thing that's going to actually make
you leave here with money, especially if you're new.
But this is even for veterans, this is what
has led to me making tens of millions of
dollars in crypto while being dog terrible at it.
But I get this one thing right that most people don't.
And this is why Beginners and veterans usually don't leave
with money, yet a retard like me consistently does.
And again, without this video, I don't see how
you're going to leave this market and profit again.
90% of people lose their money here.
This means you, this means you.
You don't think this applies to you, but you are
not prepared for how this market is going to move.
This video is going to make sure you sell correctly
or at least give you your best possible chance.
And it's also going to stop you from making stupid
selling mistakes that tons of beginners and veterans all make
so that you're at least leav with good profit.
Because look, everybody's like, we
haven't gotten started yet.
But let's, let's be serious here for a minute. Let's.
Let's cut the jokes and look at the table.
The market is hot right now.
We made an AI video just a few
weeks ago talking about a few coins.
Actually a lot of coins.
All those coins are up like 2, 3x now.
Things are moving.
And like it or not, we're not
in some early bull run right now.
We're in a bull run.
Things are getting hot to
the point of being overheated.
And this entire last year, I've been making videos
saying, buy the risk to reward is great.
Buy the risk to reward is great.
Last November, made said, bitcoin looks
like it's in a bull run.
Altcoins are in disastrous lows.
They're still in the bear market lows you should buy.
It's doing this all for the last year.
And everyone's like, nah.
I talk to people in real life and
everybody's just like, oh, Alex, that's a real
cute hobby you have right there.
We're in a completely different
stage of society right now.
Now every single person I talk to that comes
up to me want to get into crypto.
I tell them it's dangerous.
I tell them the market's hot.
I tell them they're probably going
to lose all their money.
And they're like, nah.
So we're in a part of the market right now where
I can't keep people's dicks out of the pencil sharpener.
I still think we're going to see a lot of bull run left.
I'm not calling some this video, but people
like always cannot resist taking the absolute wrong
stance when it comes to crypto. Right now.
Every single mother, including you, thinks
they're going to beat this market.
They think they're going to come in and Trade
against people that have been doing this for 10
years or been buying from the deep lows of
the bear and just beat everybody.
Yeah, everybody loses their money in crypto,
but it's not going to be you.
You're smart.
You've gone in 2 to 3 extra portfolio recently.
You must really know something other people don't.
And the truth is, what the, what do you
think gets people to over invest in crypto?
Do you think people come here and just like
lose their money day one and they're like, okay,
well I'll just keep losing my money? No.
Every single mother, their dog,
their grandma gets into crypto.
Two to three X's, their portfolio starts thinking they're
really clever and then they put more money in
and they 2 to 3x that and they think
they're really clever and then they lose it all.
Just like when people go to Vegas.
They don't just go to Vegas and get a
gambling addiction because they lost their first few times.
They win pretty big up front and then slowly
give all that money back to the casino and
then some and then go get in crippling debt.
This is going to happen to you.
You are likely statistically already dead.
Your chances of leaving here, if you were not
buying in November with us last year, which I
assume a lot of you weren't, it's okay.
You don't have a giant Magnum dong
like we all do here, that's fine.
We can't all be blessed.
You can't be a generational talent like myself.
But the odds are stacked against you.
And like I said, you're already
dead unless you listen to me.
Because frankly, I'm a goddamn genius and I
know everything that's going to happen in crypto.
As you know, I've been voted the most
accurate, trustworthy Magnum dong channel in crypto.
That is why I am the alpha, Poppy.
That is why I am the most famous man in crypto.
Because the jellies that I operate
with here, they're on another level.
But seriously, okay, jokes aside, I'm not
going to do that in this video.
Most humble channel winner 2024 but for real,
the easy part here is buying and making
a few X's on your portfolio.
The hard part is knowing when to sell, how
to sell, when to start staging yourselves out of
the market and when you should be taking profit.
And like I said before, I'm going to mention a few gems
and stuff I think is going to do well in this project.
You should also listen because have you seen
things recently you've seen super, you've seen pin
link, you've seen destroy, you've seen Beam, you've
seen PI, you've seen pal, You've seen Oxo. Holy moly.
Wow. Wow.
It seems like we're in a bull market.
You could pick literally any coin and make money.
Welcome to a crypto bull market. It's fun.
Crypto is a pencil sharpener filled with lube and
candy and it's a great place to be.
It's a lot the until you get carried away
and then someone comes and plugs it in and
you have a bunch of less people running around.
I want you to keep that Magnum dong.
You're packing, buddy. I want you to be able to
keep identifying as he slash him.
So, like, fucking listen to me here.
So let's talk about what we're going to talk about.
I'm going to get on what's
currently happening in the market.
We just saw kind of our first dump.
This wasn't a dump.
This was like I've had a
small salad at Whole Foods dump.
Trust me, there are Arby's melts combined with
Chipotle with six shots tequila dumps coming.
It's going to be much worse than this.
But we need to talk about what
this is because it's a great example.
And I'm going to give you my overall prediction
of what the top is going to look like
and where you need to be thinking about selling.
Fy, you should be considering selling right now
because when you're on profit, you should always
sell a bit of your crypto.
But who does that? That's not fun. No.
You and everybody else and their dog is going
to tie in the top of the market.
You're going to be the exception to the rule.
The whole month and a half
you've had experience in crypto.
You know something? You're going to beat people
that's been this since 2013. You got it?
Don't listen to me. Just go somewhere else.
But I'm going to tell you what
the market is somewhat likely to do.
And what I'm going to tell you with
certainty is what the top will look like.
And this is going to be a completely useless exercise
because you won't see the top when it's happening.
No one ever sees the top when it's happening.
But I'm going to tell you the emotional experience you're
going to have and you're going to kind of recognize
what's going on, and then it's going to make you
realize I don't even want to play that game.
And that's when you're going to apply my selling
strategy that is going to stop you from getting
your chopped off by the pencil sharpener.
And then finally we're going to go through a few list
of big mistakes that everybody makes and you're going to see
repeated over and over again in this bull run.
It's very, very easy to fall in
tease whether you're a veteran or beginner.
Everybody does it.
I've done it, you're going to do it.
Our goal is not to do it.
And yes, throughout this video I will mention a
few coins and things I think are going to
do exceptionally well too because I know you don't
give a about me or any of my content.
You're just here so you can pump and dump
on my followers and ape and degenerate coins and
then lose all your money and blame me. That's great.
By the way, have you been coming to my videos and
then buying coins that I talk about and selling them?
How's that working out for you?
Everything I mentioned just keeps going up.
Maybe you should stop being a piece of
shit and just believe in something and actually
listen to the thesis on this channel instead
of fomoing into things left and right now.
Don't change your thing.
Let's talk about the market.
Also, two things before we start. 1.
Follow me on Twitter if you saw Even with the
coins I mentioned last video, crypto is moving lightning fast.
If you're not on the cutting edge and getting
stuff the day of you're behind, that's where you
should follow me on Twitter because you can get
everything way more faster up to date and things
I'm looking at and what I'm doing much sooner.
So follow me Twitter @ZSS
Becker Next important Go below.
Read the disclaimer in the description.
There's some legal mumbo jumbo disclaimer
to cover my ass legally.
This is a disclaimer to explain to you the risk that
you're taking and also explain how I sell my coins, the
coins I hold, that I'm invested in, coins that I consult
and advise and explain to you the position you should be
taking right now in crypto when it comes to risk.
This is to help you out.
There is a legal disclaimer below, but the disclaimer I've
written in English is there to help you and give
you absolute transparency on everything I say and do.
Please read it.
It's not just for shits and gigs. Read it.
Go do it now Just pause the video, look at it.
All right, so we need to talk about the market
right now so you understand what kind of phase we're
in and where you need to be thinking in terms
of taking profits and selling right now.
Because it really depends of when you got
on the market and what you're looking at
and where your exes are right now.
Am I saying sell immediately after watching this video?
No, it depends on where you at when
you bought in, what your goals are.
And we need to look at this market right now
to understand how to also not make selling mistakes, because
this video is going to talk about selling mistakes, too.
If you're new on this, trust me, you're going to
see dips and stuff and you're going to sell at
the absolute wrong time, and you're not going to be
prepared for these emotions when they hit you.
So let's talk about the market first off.
So a quick little recap of what we just saw.
What we just saw is people are saying,
we just saw our first dump or shakeout.
No, no, we didn't.
If this shook you out or made you emotional,
you don't have the spying to be in crypto.
I'm sorry, you should just take all
your profits and sell right now.
You should get back to voting for Kamala Harris
and rubbing lotion on your fat girlfriend's feet because
you just don't have the testosterone to exist here.
This was not a dump.
This was a slight little sneeze.
Trust me, someone is going to come on
and fire hose Arby's melts all over the
market, and you're going to be devastated.
I see so many people right now.
They've been texting me. First off, I've been telling
everybody, crypto is dangerous.
You should probably be careful because
the market's really hot right now.
They're like, nah, nah, nah, nah, nah.
And then this dump happened, and
now we're back up at 100,000.
If you're messaging me like, oh,
Alex, I can handle these dumps.
And I've just stopped responding to
people because they're all fucking retards.
They're going to lose all their money.
Trust me, when we actually see a dump,
you are going to have emotional turmoil.
You're going to see all your profits
get reduced 50% in a day.
And if you bought lately, you're
probably going to go into loss.
So we need to talk about this.
So we saw bitcoin do a dive to like, 94,000, and
we saw alts take a huge haircut for the first time.
We saw Solana go from like 250,
like 200 or something like that.
We saw Avax go from $52 all the way down to $40.
So we saw like a slightly uncomfortable dip.
This is going to happen many, many times.
And on the way to the top.
What we're going to see a lot
of times is little days like this.
But what we're actually really going to see is we're
going to see days where the market goes and does
stuff like this, not these little 20, 15% dumps.
We're going to see stuff like this
on the way to the top.
I don't think we're going to be
seeing dips quite like this in 2020.
If you remember, this was the famous Elon dip.
This is where Elon said that he's
going to sell all his bitcoin.
And again, these Damn ads on CoinMarketCap.
We're just sponsor.
I really got to find another place to
do these charts or do something like professional
because we're just sponsoring Baker tilly.
I expect $10,000 in my bank
account by tomorrow, you leech.
Now, I don't think we're going to see dips like this.
I think we're going to see one
solid run up, very similar to 2017.
And this is when Elon Musk tweeted
he's going to sell his bitcoin.
And we just saw this massive dive.
We went from like 4,000 to $2,000.
We saw a 50% crash.
If we see that again, the market's probably over.
However, this, this does happen in crypto.
The dips I'm referring to right here are more like
this one right here where we went from 2000.
This doesn't cover the whole dip itself, but we
saw eth go from like 2000 to 1200.
I think it even tapped a thousand right here.
It's just not recorded on coin market cap.
As we go up, we're pro.
We're probably going to see 25, 30% dives all the time.
And what's going to happen with this?
I'm going to talk about the top here
in a second is everybody's going to say,
oh, just hold, hold, hold, hold, hold.
Just a dip, just a dip, just a dip.
And most of the time this is going to be true.
But there's going to be one time when
these dips happens and it's just not true.
And it just keeps dipping forever.
For example, right here in 2020, this
is when everybody was at their peak. Bullishness.
And it dipped and it went back
up and everybody started laughing and then
it dipped again and everybody kept laughing.
And then, oh, it dipped a little bit again and
then everybody kept laughing and then it really dipped and
then people kept laughing and then it went back up
and people said, okay, we're back, we're back.
And then it dipped again and then it pumped up again.
People said, we're back, we're back.
And it just kept dipping.
And what you're going to see with these type of
dips right here is when the market truly tops the
dip is going to look like any other dip.
It's not going to be apparent.
Everyone's going to laugh about it.
And then it's just going to slowly
over time, just never come back.
And so what we just saw right there
I think is kind of like this.
I think it was like a mini bear trap.
And I think we're about to see this right here now.
Look.
Just a few little tidbits on what I think is going
to do well and where I think the market's heading.
I think it would just be really foolish to check
out completely before Ethereum returns to its all time high.
Okay, you can see we're not even
past last markets all time high.
So I think it'd be really foolish to be considering
the market even closed over until we see that.
Now, does this mean the market can't
end before Ethereum hits all time high?
Of course it can. Of course can.
Unlike every other channel.
We're like, we're gonna have the biggest bull run ever.
There is always a likely chance.
I'd say a 30% chance this is the top. This could happen.
And you're gonna notice in the point, this
video, I don't try to call tops.
Don't, don't fuck with that. Don't do that.
No one ever does it. No one.
No one called the top here.
No one called the top here.
There's a few Twitter accounts are gonna take
a screenshot of when they called it, but
they called like 50 other different things too.
I mean, I call tops and bottoms all
the time that are wrong all the time.
I only keep screenshots of my successes too.
All of us KOLs, all of us people
talking crypto, we're all fucking retards too.
We just want your attention so
we never admit we're wrong.
I'm just so incredibly goddamn stupid that
I don't even try to keep up
the air of professionalism on this channel.
Act like I even know what's going on.
I'm just sitting here gambling.
And I'm just gonna admit that because putting your
ego behind every top and bottom call, like every
other influencer tries to do and name themselves God
of Crypto by being able to read the market.
That's just a way to eventually have your dick ripped
apart by a pit bull, which is the crypto community,
because you're eventually just going to be wrong.
So just don't even try to do it and don't
even pay attention to people that are telling you where
the market's going to top out at because we'll talk
about the tops here in a second.
Where do we think this market is going to go?
I think again, it's really silly to be checking
out before we see the Ethereum all time high.
Now what is going to happen when
we see the Ethereum all time high?
We are going to see Altcoins go absolutely banana.
We're going to see Avax do very well.
We're going to see Salana do very, very well.
We're going to see BNB do very, very well.
Probably going to see Dot do very, very well.
If you saw the strength that we saw in xrp,
there is an unfathomable amount of liquidity that is set
aside and going to be coming in and rushing into
all these things and I think we're going to see
one of the biggest bubbles ever.
That's my prediction.
Now the places where we're going to see the
biggest absolute gains at are going to be the
areas that we've been talking about on this channel.
AI is already showing insane strength.
If you've seen the strength of Destro lately, you've
seen the strength of other AI coins like 0x0.
These are still making huge moves despite us
having this little dip and not even showing
that big of a recovery right now.
These things want to pump so hard.
So the good old fashioned coins we've mentioned on this
channel like a like Destra, like pal, like anyone.
Just go and watch my last video on AI coins.
These are going to do super duper well.
I also think Meme coins are
going to keep delivering numbers.
So for example, like one coin that I I'm not
really in the Meme Coins, only Meme coin I'm really
messing with right now in large volumes is Shiro.
I have a big old bag of Shiro.
I've also done a bit of pay consulting with them after I
got the bag because I want the bag to do well.
But I think Shiro this partnered with Shib.
I think it's going to do very, very well.
I think Peanut's going to continue
to do very, very well.
And I think the meme coin market
is going to keep pumping as well.
And then again the gaming market, what I believe is
going to happen there, as soon as we see that
AI pump, we're going to see AI coins go insane.
We're going to see meme coins go insane.
And what people are going to do at
that point is going to say what's next?
Because when things top out in the market, what happens
is people want to say, all right, what's the thing
that it's going to get me those pumps?
I don't want to invest in the thing that's pumped.
What's about the pump?
It's going to be gaming and I think we're going
to see the gaming run like little mid into Q1.
We're going to see that AI pump first.
So what I would be doing right now if I'm
trying to catch the market is I would be.
And again, the obvious coins are the ones
we've been talking about forever in this channel.
Beam just keeps slaying it and I
expect it to keep slaying it.
Of course we've been talking about I told you about
Beam all the way down here and super has just
been again, I keep telling you about super.
Told you about super all the way down here.
We're at a 20x on super now and another coin I
just got into and got a big bag of is Wilder
World and I didn't really talk about it, but I think
this one's going to keep performing super duper well.
But I'm going to talk about these
coins a lot more in next video.
This isn't really a video on
coins so much as just generalities.
I have gaming videos, I have AI videos and market.
What we want to talk about now is what the
top is going to be looking at and selling.
That's the big point of this video.
Everything I just laid out here is kind of
what we're going to probably, I think seeing the
market, I do not know, I have absolutely no
clue what the market is going to do.
But if we look at past markets, we look at
what's going on right now, we look at Trump coming
into the presidency and the climate for crypto, we look
at all the money that's sidelined in the markets, we
looked at all the money pouring in the ETFs, things
just look incredibly bullish for next year.
And so it's really just a general statement to
say we're probably going up, but that doesn't matter
because eventually we're going to go back down.
And if you don't understand how these ups are going
to look like and what is stacked against you, odds
wise, you're going to lose all your money.
Which is what we're going to talk
about for the rest of this video.
You losing all your money.
This is going to be a great video.
Get your kids in the room, get your wife.
This is going to be the video where I explain
to them how their father is going to lose all
their money and why you guys are going to be
living in a Motel 6 here in six months.
So let's discuss so talking about
all these things right here.
Let's just go look at Solana.
So if you go look at the price
of Solana in 2023, it was like $12.
We were up here now.
So what you need to understand, we're at 2.
We were recently at like 250
bucks or something like that.
A clean 25x for some people.
So what you need to understand right now before we talk
about anything else, is if you're getting in the market in
the last like three, four months, which I assume a lot
of you are by the views on this channel, you are
buying the bags of people right here.
And I think everybody's aware of this, but nobody really
likes to talk about it or really point out.
But all the people that left with these
prices right here, they made their money from
all the people that lost money right here.
Now if you're getting on the market in
the last three months, let's imagine right here,
you got in the market in the last
three months around this time point right here.
Who do you think's money paid
for these people's bags up here?
Oh, it was these people's.
You, all those two, three X's you're seeing right
now, that's all the people coming in and putting
in their blood sacrifice for the people who bought
down here to then take profits.
Now you need to understand you're fucked if
you're getting in the market right now.
In a competition wise, you have to think
very differently than the people down here.
That's obvious to say, but not obvious.
No one talks about this, no one thinks about this.
See for them, if they're up, a person got Solana
at $12 and then they are now sitting at $250.
They were, they were happy with
the prices all the way down.
They'll sell their salon at 260, they'll sell it at
200, they'll sell it at 100 on the way down.
That's fine for them.
They don't really have to make some competitive big move
right here and they're not going to go into loss. Okay?
So they can afford to not only hold
through dips and everything like that, they can
afford to sell on your face. No problem.
This applies to a lot of people on the channel.
This applies to me by the way, if you're buying a
lot of things we've talked about the channel last few months,
you're buying bags that I got into 20x ago and like
I pointed out in my disclaimer and like it is in
the bottom of this video, I sell my bags.
I'm not here to bag, hold, I'm here
to leave and profit just like you.
Now unlike other influencers, I will clearly list out
how I sell my bags and my selling strategies.
So you know, with full transparency what I'm doing.
But I'm not here to hold your bags or hold
your dick and walk you through the strip club and
wank it for you and then clean up after.
Trust me, I'm going to be out of
here before the strip club lights turn on.
And if you're still in there, you're going
to be stuck with the C team.
All those chunks, all those 6am Gals, you don't want it,
you don't want to be there when that happens and you're
going to be there if you don't listen to me.
And so you're getting in right here and let's
imagine you get, you get in right here and
you're trying to hold for that 2.5x.
You need to understand, you need to be a lot
more nervous than you actually should be because once these
people start selling and they think the market's top, they'll
sell all the way down right here and you're going
to be in a position where you are going to
be put into a break even or a loss situation
and you have to choose between holding and potentially making
your money back and then some or exiting and loss
and stopping your losses.
And what really kills people right here is people buy
right here and then the market dumps like this and
they try and hold and make it back or they
get the break even and then they don't.
Because these people keep selling
because they don't care.
They're up 20x, they'll take the money.
And so that's why holding through these dips.
And understanding how these dips work and how dumps work
is extremely important because you're going to be put in
some really tough choice situations here, and you need to
understand how to prevent that from happening.
So let's talk about the first tough
choice situations you're going to run into.
You're going to see dips and your number
one missing objective, the thing you're probably thinking
is, how do I tell the difference between
dips like this and dips like this?
Here's the fuckeroo.
You don't, you can't.
How the top is going to look is
it's going to look just like this.
It's going to look just like this.
The market's going to dump, everybody's going to laugh
at it and it's just going to keep dumping
slowly over time and then never come back.
And you're going to get into a little bit of
loss or break even right here and you're going to
think, okay, no, that, that's fine, that's fine.
I can hold through this.
I've been through dips before. This is okay.
Ha, ha ha, hoddle, hodl, wag me. All that stupid stuff.
You see people posting on Twitter
and then what's going to happen?
It's going to dip another 15, 25%.
And then you're suddenly all these bags that
were in 2-3x5x's are now in loss.
And you're like, oh no, oh no.
I'm one of those fuckers who lost money in crypto.
I'm the bag holder.
That's fine, that's fine.
I can hold through the bear.
If the worst case situation
happens, it's probably coming back.
Don't be a lettuce, hands don't sell.
Hodl, hodl, hodl.
I believe in something. I believe in this project.
And then it's going to come back a little bit and
you're going to be laughing, thinking about to make all your
money back and it's just going to dump again.
And then you're going to be in it for the tech.
And the situation is going to happen right here to
you, guaranteed is a lot of people start buying right
here and they think, okay, well I bought good coins,
so worst case scenario, I'll hold in the bear market
and I've put in money I can afford to lose.
But you haven't, you dumb baboon.
What happens is people get in right
here, they make a 2 to 3x.
They start thinking they're really smart.
So they put in their big investment right here.
This is what I see everybody
doing right now, by the way.
Everybody I know that I've told not to
into crypto or be careful with crypto.
Now that it's up, they're doing this exact thing.
They get to this point right here where they 2 to
3x their portfolio the first time with a small amount of
money and then they put in the big amount of money
and they think, well, I can afford to lose it.
It's only 25% of my net worth.
Trust me, you're not going to be
cool losing 25% of your net worth.
If I lost 25% of my net worth, for example, a lot of
my net worth right now in my portfolio, I'm up 20, 30x.
Okay?
So 25% loss to me in my
portfolio, I'm still in massive profits.
If you just put in, let's say your entire net worth
is 100,000 and then your net worth goes to 75,000 in
loss, you're not going to be cool with it, buddy.
You're not going to be sitting around happy and
you're going to panic, sell from the pain. Trust me.
And you're not going to be
excited about holding the bear.
And trust me, you're not, you're going to sell
right around here when the pain gets too incredible.
Because trust me, if your net worth is $100,000 million dollars
and you'd eat a nice, I don't know, $250,000 or 25%
loss on your net worth, you're going to say, like, I
have to salvage this, I'm losing too much money.
And you're going to sell before we enter the bear.
And all the people like me and all the smart people been
doing this for 10 years, we're going to buy back again and
do it all over just like we're doing right now.
It's textbook 101.
We all bought in the bear market.
We all told you to buy in the bear market.
People didn't buy in the bear market.
Now people are telling us we don't know
what we're talking about in the bull market.
They're putting in all their money right here and we're
all looking right here thinking about when are we going
to start taking profits while other people are thinking, man,
I'm holding for the 10x right now.
So why did I just tell you all this?
You have to be emotionally prepared for this roller
coaster that is about to happen to you.
Especially if you've got in the last four
months, you don't have the luxury of being
up 50x like some of us are.
So let's go over some rules of thumbs.
How do we, how do we react
to these dumps when they happen?
Here's the simple truth to them.
If it's, if Ethereum hasn't hit the all time
high, I don't think any dump we're going to
see is the top of the bull market.
I don't think it is, but it could be.
My general rule of thumb, like I've told on
this channel, is when we see the first big
dump in the market, just don't sell.
Is that a guaranteed way to survive here?
No, it could very much be the top of market.
But rule of thumb, it's probably
best not to panic through this.
Then after that first dump and we start crossing 100k
like I've talked about, 120k like I've talked about, and
we start seeing altcoins and everything start to pump.
I really don't want to mess
around with the whole chicken game.
Now if you look at 2017's Bull Run, for
example, people are going to show you this damn
chart of this run all day long.
Okay, this is, let's go, let's go all time on bitcoin.
So everyone's going to show you this chart.
This is the number one copium people will show you.
On the way to the top of this bull
run right here, there was about 5 30% dips.
And so every 20, 25% dip we're going to see, you're
going to see nothing but confirmation bias all over the place
From KOLS on YouTube and Twitter and people that have been
doing this for a while and all the people that draw
lines and think they know what they're doing, the TA traders
that act like there's some science.
None of these people know shit. I don't know shit.
Nobody knows shit about shit.
They all just act like they do so that
you follow them and give them incredible power.
Sponsorships, all this kind of stuff.
They act like they do.
And then the bear market comes and
you realize nobody knew what the hell
they were talking about the entire time.
I don't know what I'm talking about.
Everybody here is gambling. I'm gambling.
There's just people that act like they don't and
they act like they can actually predict this stuff.
But everybody's gonna tell you on the way to the
top, oh, there was 3% dips, there was 30% dips.
Just hold, hold, hold, hold, hold, they're gonna show you
a chart and all sorts of stuff like that.
Could that happen here? Yeah, I think.
I think it really could.
I think we could see multiple 30% dips.
I don't care. I don't care.
What you need to realize right now is your job right here
is not the time to top or be a perfect trader.
Your job is to just get out of here with your head on.
Because crypto is a bloody ass arena.
And if you look at Solana right
here, this is just the perfect example.
Let's go look at last run.
You have to Understand, this isn't 90% of
people taking profit and leaving in profit.
This is about 5% of people right here
leaving with everyone's money from right here.
This isn't everybody going and
making some good cordial exit. Last run.
Everybody thought we were going to
see this big blow off top.
And so everyone's like, okay, guys, it's going
to be really, really, really easy, guys.
We're just going to wait till we see bitcoin make a
blow off top and then we're just going to sell everything.
It's going to be like going to a welfare
line and we all just collect our bags.
And so everybody looked for a blow off top.
Like we saw in this run right here where bitcoin
went and doubled in like the span of a week.
It went from like 9,000 to 17,000 or something.
This isn't completely accurate, but you can see from
the 4th of December or from December 1st to
the middle of December it nearly doubled.
And so everybody was looking for that last run.
So we were at 46,000 and then it pumped to like 63,000.
And they're like, oh, this isn't the blow off top.
We've been waiting for the blow off top and then it
didn't blow off top and they all ate shit publicly.
So what we're going to try to do here is the opposite.
We don't care where the top is. We don't.
We only care about profit.
So what you need to be doing is
you need to first consider where you're at.
So I'm going to use Solana as an example for all coins.
This is something you should use for any
coin I've mentioned, any coin you're in.
It's just a good general rule of thumb.
Let me slide this over so you can see the full chart.
And let's use the complete Solana picture right here.
So how do you sell in these markets?
Well, don't sell the first Dip,
that's a rule right here.
Now that doesn't apply to everything.
And what I want you to think about when it
comes to selling is there isn't a hard rule, okay?
There isn't some checkbox.
You have to be able to make win lose decisions.
What I mean by win lose decisions, you have to
be okay leaving money on the table and you have
to be okay applying vague rules or very flexible rules
to what you're doing based on the context. Okay?
So the context of things are very different.
So for example, if you got in like right here and
then you held to $200 and it dipped, you probably shouldn't
be selling that because you're looking for that 2, 3x.
Okay?
If you're going for a 2, 3, 4, 5x on some
coins, and again for context here, these x's I'm talking about
apply differently based on the cap of the coin.
So for example, if you're in a giant,
giant coin like Solana right Now from here
a 2, 3, 5x somewhat reasonable.
If we're in some smaller coins, for example,
we saw Pinlink do a 20x in the
past month, the multiples on those are different.
So if you're looking at this equation
I'm talking about with smaller coins, the
multiples are going to be different.
If you're holding a 50 million dollar
market cap coin, there's a chance it
can run to 500 million pretty easily.
So again, context really applies right now.
As we get down and apply this rule
to lower cap coins, expect X's and them
to be higher in the context of this. Okay?
So if you got in right here and
you, you held it right here, you probably
shouldn't be selling this dip right here.
You probably want to, you're going to
want to hold through a few dips.
If you bought recently, you're going to need to have
some balls of steel's moments here in this bull run.
That's just what it is if you
want to see the bigger numbers.
Now if you got into Solana right here and we're right
here and we see this first dip right here, okay.
One you should have been selling right here, right
here, right here, right here, right here, right here,
right here, right here, right here, right here.
What do I mean by that?
Well, I think me sitting here going right here,
right here, right here isn't the best explanation.
Okay, let me explain.
So you want to always be taking
profit when you're on massive profit.
Now throughout this channel, I've said as Bitcoin crosses
100k, as it starts crossing 105k and stuff like
that, I'm going to consistently take, be taking profits.
Guess what?
I'm consistently taking profits despite thinking
coins are going to go higher.
Now, does this mean I'm dumping all
my bags and exiting the market? No.
Where I think we are is like
let's go look at the ethereum chart.
So where I think we are compared to Last
Bull Run is right either here or here.
Either way we're in a good place.
I think we're going here.
I don't care.
I got in here. Okay.
And so for a lot of you to gone from November,
am I telling you, dump all your bags, the market's over.
No, what we absolutely want to
avoid is some climatic sell point.
What a lot of people think is they're going
to hold, hold, hold like a person that goes
to a five star restaurants, has 10 meals and
holds their poop into the last possible moment and
explodes in some euphoric 10 pound dump.
No, that's what everybody thinks they're
selling is going to be like.
There's going to be a moment
where they go hold, hold, hold.
And that's not going to happen.
Now that will happen is everybody tries to
do that and then this happens right here.
And then everybody explosively diarrhea is their
bags like here and here and here,
and then holds in the oblivion.
And again, when you see this happening right here,
this isn't everybody getting out of the market.
This is a few whales getting in the market.
You have to understand these coins, 20, 30, 50%
of the coins are all held by whales.
And so this is the whales taking profit.
This isn't normal people taking
profit and getting out safely.
Because when the whales start selling, you need to
get that price isn't like some defined thing.
It depends how many people are
actually buying in the market.
And so whales start to sell, the amount
of liquidity or the amount of people that
are able to absorb those buys cascades down.
So people, let's say there's a million
dollars worth of orders at $200.
Well, as soon as those get exhausted by
the whales, the next orders are like $130.
That's where people are willing to start bidding at.
And so it just dives down to that.
And so it's not like everybody is getting an equal
price and it cascades down, it just goes down.
And the whales absorb all the
liquidity before anybody else can.
So it's not like a fair welfare exit
where everybody just casually takes a profit.
The Whales just come and take all their profits and
they absorb all the sell orders all at once.
There is not enough sell orders to really
sustain everybody getting out with much profit.
So understand that as well.
So what we want to do if we've been in for a
while right now, is we want to avoid that climatic sell point.
If you go in and you start scoring a 2, 3X, okay,
it's time to start phasing out a little market a little bit.
This doesn't mean calling a top.
We don't want to sell near the top.
If I had my perfect world, I would sell
within 25% of the top way before it.
I want a nice, calm, collected exit.
And the way you do that is once you go and you
see the numbers that you want to get at where if you're
right here, you just slowly start selling 2, 3, 4%, you can
still be extremely bullish in a market and be selling.
This is why, despite me still participating in the market,
still being extremely bullish, I'm going to be taking little
bits of profit here and there all the way up,
as everybody in the market should be.
And your goal is to be exited of the market, not
right here or right here or right here or right here.
It's to gradually take profits throughout the
entire up and down of the markets.
And so how do you know when you
take profits, when you have enough of them?
Now, what is enough?
If you bought down here, you have the luxury
of being able to hold to the bear.
And so you have these really explosive exits right now.
It's probably time in the next few months.
Is it time to dump all these profits? No.
But you should be thinking about
your exit strategy right now.
If you bought, let's say, let's say right here.
Like this is all in comparison, this chart.
So say you got in right here
and you just 2x your portfolio. Okay.
Should you be selling right now?
If you want to make those huge numbers?
No, you shouldn't be selling.
Realistically, yeah, you should probably be
taking a little bit of profit.
But if you want to get some real returns
in this run, you're gonna have to, you're gonna
have to ball hold a little bit.
You're gonna have to balls of
steel this market just a bit.
And that's just the truth.
And so you're going to have to survive
these people right here selling, because where do
you think this money came from? Right here.
It's these people right here selling.
Where do you think this money came from?
Right here, These people selling this Money right here.
It's these people selling.
Regardless of where you buy in the market, you're going
to have to deal with people selling on you a
little bit to get to your final end goal.
Now, what happens if you end up selling all
your bags and you miss out on gains?
Doesn't matter.
I'm spanning the video.
Does not matter.
Profit is profit.
You are lucky to exit this
market with any kind of profit.
You're walking into arena where 95% of people die, and
you're the one person walking out with good profit.
Good, great.
Go throw yourself a bar mitzvah.
Have a, have a quinceanera.
I don't, I don't know how you celebrate this.
Go to Dubai and buy a Lamborghini
and become a make money guru online. I don't know. Do.
Do whatever you please. It's fine. It's fine.
Our goal is not to leave in max profit. It never was.
It's to leave in decent, good profit.
And then what you do, then what you do, my,
my young padawan, is you do the big brain move.
You do the thing that makes
people really rich in crypto.
You wait for it to crash and then you take
all your profits and then you buy the crash.
You buy the horrible bear market.
Because the way I've made tons of money in
crypto isn't by coming in here and being like,
I'm going to scientifically call it top.
I'm going to draw a bunch of lines and get
the perfect exit and time everything, and I'm going to
post on YouTube and Twitter how smart I am.
That's what fucking dorks do.
And these dorks aren't rich.
If they were rich, they'd have a giant
hedge fund be making billions of dollars. They're not.
There's a reason why they're on
crypto, Twitter and YouTube, drawing lines.
It's because they suck at this. I'm just kidding.
There's plenty of people that are actually good at it.
But what I just said is mostly true.
But the way baboons like me and everyone with a
low IQ that actually makes money in crypto is we
get make decent profits in the bull and then we
reinvest those decent profits when it's just terrible.
So, for example, the last year, two years,
when we've been telling people to buy in
crypto, everyone just laughed at us.
Like, I even had people like,
oh, the crypto's coming back.
I'm like, okay, we'll see.
And we did see.
Everyone that bought down here this
is how you get really rich.
Your first one, make some decent profits,
invest them in the bear, make really,
really good profits, take them out.
Next crash, invest them again, repeat.
Now, I don't know if we're going to
see a run like this ever again.
I think this could be like the big one.
And then crypto is going to be mature and they're
going to actually start bringing legality to this space.
I don't know.
But that's how you make the big money.
You don't make the money nailing
tops and everything like that.
So to wrap this video up, I want
to talk about, like, the big mistakes beginners
make, what mistakes you're going to make.
And they're pretty much the mistakes I talked
about on this video, the big mistakes you're
going to make as a beginner.
And I'm going to sum up really quickly
because this video has gone kind of long.
Is the number one mistake is people 2 to 3x
their portfolio right here, very early in the market, and
then they put the big money in and they make
like another 1.5x and they get really cocky and they
put more money in and then they get.