Coinbase Bankruptcy Alert !!!

Coinbase Bankruptcy Alert !!!

Coinbase Bankruptcy Alert !!!

Read This Before You Panic

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Coinbase Bankruptcy Alert !!!

COINBASE BANKRUPT!!! Watch in 24Hrs! (You Need To Know This Or Your Crypto Could Be Gone)

6,784 views May 12, 2022 COINBASE BANKRUPT!!! Watch in 24Hrs! (You Need To Know This Or Your Crypto Could Be Gone) Get An Extra 20% Bonus When You Sign Up Here ► https://cde.lunaone.com/invite?ref=UD… Subscribe to our video newsletter here ► http://RUNGUYS.com Get on our VIP TXT List for the Metabull Club NFT Launch ► http://MetaMoneyVIP.com Connect With Us Below: 📩 Email: RUNGUYS@Protonmail.com 🚀 Discord: https://discord.gg/RUNGUYS ✈️ Telegram: https://t.me/joinchat/HK1BgkrL6AN4EkWU 🐦 Twiter: https://twitter.com/THERUNGUYS 📲 Instagram: @Run.Guys 🌎 Facebook: https://facebook.com/groups/rankupnow The RUN GUYS are not registered financial advisors or investment advisors. Their channel is strictly for information, education, and entertainment purposes only designed to provide the best information to help you learn how to navigate the financial markets. #Crypto #NFT #Coinbase Income Disclosure: This is not a get rich quick program nor do we believe in overnight success. The RUN GUYS channel is stricly for information and educational purposes only. We believe in hard work, integrity, and developing your skills if you want to earn more money online. As stipulated by law, we can not and do not make any guarantees about your ability to get results or earn any money with any of our products or services, or the products and services we mention. The average person who buys any products online gets little to no results. Any references or examples used within this video, are real and documented but are used for example purposes only. Your results will vary and depend on many factors, including but not limited to your background, experience, and worth ethic. Cryptocurrencies entail risk as well as potential losses. If you’re not willing to accept that, please DO NOT PURCHASE ANY PRODUCTS OR CRYPTOCURRENCIES, OR NFTs MENTIONED IN THIS VIDEO. IN FACT, DO NOT BUY ANY CRYPTO or NFT MENTIONED IN THIS VIDEO. Watch for learning purposes only. If you are in the United States of America please read the rules and regulations listed on the websites for any cryptocurrencies you are learning about. Results aren’t typical, so don’t be typical.

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FULL VIDEO TRANSCRIPT

0:00

all right what is going on my friend

0:01

welcome back to the channel so we have a

0:03

lot to talk about in the crypto space

0:05

today the market’s getting absolutely

0:07

destroyed right now bitcoin down 31 in

0:09

the past seven days ethereum down 37

0:12

percent bnb down 42

0:14

xrp down 44

0:16

the markets are in an absolute bloodbath

0:18

right now and

0:19

while most people are panicking i want

0:21

to share some news with you guys that is

0:23

actually great news for those of you

0:25

that are getting ready to scale your

0:27

wealth if you’re brand new and maybe

0:29

those of you that are getting erect

0:31

right now wondering how is it going to

0:32

be possible to even preserve your wealth

0:34

we have some news about coinbase warning

0:36

users uh that they could lose their

0:37

crypto if the company goes bankrupt so i

0:39

want to show you guys how to protect

0:40

yourself not only uh in times of

0:42

volatility like this in the crypto space

0:45

but also in times of uh inflation as

0:47

well too uh with the us dollar we’re

0:49

getting into uh stable coin regulation

0:51

what’s happening there we’re talking

0:53

about how to preserve your crypto we’re

0:54

talking about bitcoin price chart we’re

0:56

talking about the bitcoin rainbow price

0:58

chart bitcoin uh stock to flow model the

1:00

logarithmic growth curves we’re talking

1:01

about ethereum we’re talking about shiba

1:03

inu we’re getting into the psychology of

1:05

a market cycle

1:06

we’re going to share some information

1:07

about nfts as well too because nfts are

1:10

taking a beating as well however this is

1:12

one of the most exciting times in crypto

1:14

because when everyone is panicking when

1:16

there’s fear in the streets even about

1:18

tether usdt d-pegging as well too so

1:21

this is gonna be one of the most uh

1:22

valuable videos that i’ve personally

1:24

made all year just because um the stress

1:27

that comes at these times right now can

1:29

eat you alive and there’s been a lot of

1:31

people that have uh commented based on

1:34

the recent tara luna news that have lost

1:36

a lot of money and guys listen

1:38

you’re not alone there’s a lot of people

1:40

that have lost the money you know lost a

1:41

lot of money in this crypto space we’re

1:43

all in this together so we have to uh

1:45

stick it out together and at the same

1:47

time too we have to learn from our

1:49

lessons because you spend money to learn

1:52

skills but you have to lose money

1:53

sometimes to learn lessons and some of

1:55

you have had to learn the hardest lesson

1:57

of your life from 2017 to 2020 i learned

2:00

a lot of lessons i’m going to share some

2:02

pitfalls to help you overcome those so

2:04

you don’t have to fall in that black

2:06

hole of trying to get out of uh debt for

2:08

yourself if you over leverage yourself

2:09

in the crypto markets to help you create

2:11

real long-term passive income because

2:13

with 19 413 cryptocurrencies you got to

2:16

have passive income flowing through uh

2:18

set aside in a solid reserve for

2:20

yourself not only in stable coins that

2:22

are actually stable but in fiat currency

2:24

as well too and have that coming through

2:26

so you can buy more crypto with the

2:28

markets dip so you can buy more real

2:29

estate you can buy stocks if you want to

2:31

uh you can invest in commodities

2:33

precious metal land all that good stuff

2:36

so comment 777 if you’re feeling blessed

2:38

comment 777 if you’re feeling bullish

2:40

and let’s run it

2:49

what’s going up bull runners nick here

2:50

with run guys.com and we’re gonna kick

2:53

this video off with a quick giveaway

2:55

we’re giving away a hundred dollars and

2:57

all you have to do is give this video a

2:59

bruce lee stomparoo right to the like

3:02

button subscribe and comment below every

3:05

single comment that you leave enters you

3:06

into win and then head on over to run

3:08

guys.com to subscribe to our video

3:11

newsletter right now because that’s

3:13

where we announce the winners every

3:15

single week now with that being said

3:17

let’s make some money

3:19

so we’re gonna get into the news with

3:20

coinbase warning users that they could

3:22

lose their crypto holdings if the

3:24

company goes bankrupt but first i want

3:26

to talk about uh a little bit with tara

3:28

luna on what’s taking place right now

3:30

because tara luna just absolute worst

3:33

case scenario is sitting at a penny

3:35

right now in this project i mean i made

3:37

a video talking about how people are

3:39

giving price predictions of losing 94

3:41

but

3:42

99.99 percent people this project is

3:46

gonna it’s gonna be virtually impossible

3:48

to regain trust after this even if they

3:50

bounce back and you saw what happened

3:51

with tether recently d pegging to 95

3:54

cents but usdt shortly recovered after

3:57

that now people are worried about a lot

4:00

of different things in the crypto space

4:01

because it’s proven that stable coins

4:03

aren’t really that stable and everyone

4:05

is flooding the usdc well there’s a

4:07

single page um document that was

4:09

released a while back for tether showing

4:12

uh the reserves for tether and the text

4:14

is showing this right here for those of

4:16

you guys wondering what tether is backed

4:17

by because in order for a stable coin to

4:19

actually be stable it has to be backed

4:21

by something that’s stable and that goes

4:24

either up in value or maintains its

4:26

value just like the us dollar used to be

4:28

backed by gold and was very strong it uh

4:31

it’s no longer backed by gold and i’m

4:32

going to share some information on that

4:34

as well too but you look at tether you

4:35

see commercial papers is 65 fiduciary

4:38

deposits is 24 cash is eight seven

4:41

percent uh reserve repo notes is three

4:43

point six percent treasury bills is two

4:45

point nine four percent so usdt is just

4:48

a ticking time bomb waiting to

4:50

absolutely explode the actual us dollar

4:53

backing for tether is only three point

4:56

eight seven percent

4:58

of seventy five point eight five percent

4:59

or two point nine four percent tether

5:01

claims a backing reserve of 42 billion

5:04

as of 31 of march so that’s 1.243

5:07

billion so treasury uh treasuries

5:09

generally count as cash so that’s

5:11

another 944 million and fiduciary

5:13

deposits would appear to mean money in a

5:15

bank somewhere where at 7.7 billion they

5:17

still don’t say where those banks are or

5:20

if they’re even banks out there so we

5:21

don’t know if they’re lying and crypto

5:23

capital corporation

5:25

is uh wasn’t one bank is known to be uh

5:28

deltek in the bahamas but the whole

5:30

bahamas doesn’t have enough uh bank

5:32

deposits to back all of the tethers as

5:34

well too and so if you guys want to read

5:36

through this article it really just

5:37

shows how flawed usdt really is so no

5:40

financial advice don’t buy it don’t sell

5:42

any crypto we talk about

5:43

in our videos just because we talk about

5:44

it not intended for financial advice

5:46

it’s just all public information you can

5:47

read out there i’m just condensing it

5:49

down into a 20 minute video for you guys

5:51

so you can just sit there and listen

5:52

while you’re driving in your car but

5:54

i’m getting getting out of tether usdt

5:57

getting into usdc for any stable coin

5:59

holdings usdc usdc tether no no guys

6:03

it’s just a ticking time bomb waiting to

6:05

absolutely explode and you will thank me

6:07

later for that so what happened with ust

6:10

that caused this whole fiasco where

6:11

people are panicking about tether now is

6:13

blackrock and citadel borrowed a hundred

6:15

thousand bitcoin from gemini and it

6:17

appears in their loan book they swapped

6:19

25 000 of the bitcoin into ust this was

6:22

all done quietly in anticipation of the

6:24

attack when the time was right they

6:26

called up dokwein who’s the ceo of tara

6:28

foundation and said they wanted to sell

6:31

a lot of bitcoin for ust and as it was a

6:33

large trade they told them they didn’t

6:35

want to move the market and they didn’t

6:37

want to move the market which is exactly

6:39

their plan so it’s just really corrupt

6:41

behind the scenes what a lot of these

6:43

big companies do in order to make money

6:45

guys and it’s sad but at the same time

6:47

too understanding is how you prepare

6:49

yourself they ask if he would do it uh

6:51

like to buy their large he if he would

6:53

like to buy their large block of bitcoin

6:54

at a discount for usd dokwan he took the

6:57

bait he gave them a huge chunk of ust

6:59

thus lowering the ust liquidity

7:01

significantly at that point blackrock

7:03

and citadel dumped all of the bitcoin in

7:05

usd causing massive slippage and the

7:08

forced withdrawals and selling triggered

7:10

a massive sell-off in luna thus further

7:12

breaking the one dollar peg and wrecking

7:14

the market further and blackrock and

7:15

citadel can now buy the bitcoin back

7:17

cheaply to repay the loan and pocket the

7:19

difference meanwhile billions of longs

7:22

and uh bitcoin vr were wiped out and

7:24

this was pure market manipulation so

7:27

this was an inside attack guys that was

7:28

done because we’re a stable coin war

7:32

right now and the stable coin war is

7:34

because you have two sides of things

7:35

right you got the elite uh centralized

7:38

currency companies of the world and then

7:40

you have the decentralized currency

7:41

companies of the world going to war with

7:43

each other because the decentralized

7:45

currencies um gaining more power and

7:47

control through money it’s like scarface

7:48

says first you get the money you know

7:50

then you get the power then you get

7:51

whatever you want you get the women you

7:53

get the success the lifestyle that stuff

7:54

so they’re getting the money control of

7:56

the money to get the power so

7:58

decentralized and centralized on june

8:00

5th 1933 the united states went off the

8:03

gold standard a monetary system in which

8:05

currency is backed by gold and when

8:06

congress enacted a joint resolution

8:08

nullifying the right of creditors to

8:10

demand payment in gold and so how this

8:13

is related to stable coins is what

8:14

happened at this point is in 1933 to

8:17

2022 if you had a hundred thousand

8:19

dollars in your bank and you wanted to

8:20

buy something for a hundred thousand

8:22

dollars well that same item would cost

8:23

2.2 million dollars in this day and age

8:27

because of inflation so that’s a

8:28

cumulative rate of inflation of 2123

8:33

so with inflation running rampant stable

8:36

coins depending the crypto market

8:37

crashing real estate in terminal stock

8:40

market and turmoil what do you need to

8:42

do i’m going to get into that in a

8:43

little bit guys i’m going to show you

8:44

how to prepare yourself so you can stay

8:46

afloat and have preservation of wealth

8:48

and have constant

8:49

cash flow coming in but what happened

8:51

with coinbase and why are they talking

8:53

about going bankrupt are they actually

8:55

going bankrupt coinbase one of the

8:57

largest cryptocurrency exchanges said

8:58

its users might lose access to their

9:01

holdings if the company ever went

9:03

bankrupt this disclosure was included in

9:05

the company’s first quarter earnings

9:06

report and that was the first time the

9:08

risk factor was mentioned it also noted

9:10

that coinbase held

9:12

256 billion dollars in fiat currencies

9:15

in virtual coins because custodial held

9:18

crypto assets may be considered uh to be

9:21

the property of a bankruptcy estate in

9:24

the event of bankruptcy the crypto

9:26

assets they hold in custody on behalf of

9:28

their customers could be subject to

9:30

bankruptcy proceedings and such

9:32

customers could be treated as our

9:34

general unsecured creditors meaning they

9:36

would just take everybody’s funds the

9:38

company said that means users would lose

9:40

access to their balances because they

9:42

would become coinbase’s property so is

9:44

that alarming to say the least what

9:45

should you do to prepare for that well

9:47

it’s a different scenario from

9:48

traditional investments many bank

9:50

accounts including checking and savings

9:52

accounts are insured by the federal

9:54

deposit insurance corp for up to 250 000

9:57

per account if the bank goes under while

9:59

the securities investor protection corp

10:01

helps if a broker or dealer goes

10:04

bankrupt and crypto enthusiasts have

10:05

long uh

10:07

praised you know the decentralized

10:09

movement as in part a way to give people

10:11

complete control and ownership of their

10:12

finances uh that’s only the case for

10:14

those who physically store their

10:16

cryptocurrency and personal wallets as

10:17

opposed to a platform like coinbase

10:19

coinbase does offer a self-custody

10:21

wallet called a coinbase wallet

10:23

following the earnings report uh which

10:25

sent the company’s stock plummeting more

10:27

than 23 percent coinbase’s ceo brian

10:29

armstrong said there’s no risk of

10:31

bankruptcy

10:32

right now right now at least on twitter

10:35

tuesday night he attempted to reassure

10:37

users that their funds were safe and

10:38

apologize for not being more forthright

10:40

with communication uh communicating this

10:43

risk when it was added he said the

10:44

company included the disclosure because

10:46

the rules recently set by the securities

10:48

and exchange commission now i did some

10:50

time and i i looked into this for you

10:52

guys and i i looked at uh why a company

10:54

would go bankrupt and we’re going to

10:55

talk about that a little bit the

10:56

benefits for them and what that means

10:58

for you and he said there’s been quite

10:59

some noise about a disclosure we made in

11:01

our uh 10q today about

11:04

how we could hold crypto assets your

11:05

funds are safe at coinbase just as

11:07

they’ve always been now this is um

11:10

pretty alarming too because

11:12

not only are you not actually going to

11:14

get the truth

11:16

from a ceo but you’re going to get the

11:18

hey everything’s calm stay calm ship

11:21

isn’t sinking you know things are good

11:22

so i’m bullish on crypto i’m more

11:24

bullish than a lot of people on crypto

11:26

guys but that doesn’t mean that

11:28

companies like even coinbase could do

11:30

stuff that would shut you out of your

11:32

account i mean you saw what happened

11:33

with robin hood coinbase is notoriously

11:35

known for closing trading times when

11:38

it’s the best times to trade because of

11:40

volatility in the markets while the

11:41

elite are trading and making a lot of

11:43

money they don’t let the average retail

11:45

investor go in there and start trading

11:47

because they’re trying to protect their

11:48

investors right so any big company could

11:50

sell out to the sec and especially if

11:53

they’re forced to because if you look

11:54

right here the staff announcing bulletin

11:56

number securities and exchange

11:57

commission releases their sab 121

12:00

talking about how they’re forcing uh

12:02

coinbase uh to basically put this in

12:04

there so number two he said we have no

12:06

risk of bankruptcy right now however we

12:08

included a new risk factor based on an

12:10

sec requirement sec requirement that’s a

12:13

key word right there called sab 121

12:16

which is a newly required disclosure for

12:17

public companies that hold crypto assets

12:20

for third parties so just in case you

12:23

know just in case something happens

12:24

behind the scenes they just scoop up

12:26

everyone’s funds so don’t don’t fall for

12:28

the um everything’s calm on the on the

12:30

surface thing you can be calm that’s

12:32

fine i don’t believe a lot of these

12:35

people guys we believe our prime and

12:37

uh custody

12:38

services have strong legal protection

12:40

their uh terms of service and protect

12:41

their assets even in black swans events

12:44

like this well hey doe quan was saying

12:46

something similar he’s like steady lads

12:47

everything’s good everything’s fine

12:48

deploy more capital and you saw luna go

12:50

from 100

12:52

down to 99 cents so brian armstrong is

12:54

saying for our retail customers we’re

12:55

taking further steps to update our user

12:57

terms so that we offer the same

12:59

protection to those customers and black

13:00

swamp and swan event we should have

13:02

these in a place previously so let me

13:04

apologize for that so the main key thing

13:07

here as we go through this because the

13:09

disclosure making sense and these legal

13:11

uh protections they’ve not been tested

13:13

in a court for crypto assets

13:15

specifically so it’s a whole new world

13:17

that they’re still finding the framework

13:19

for and the regulation for for and it is

13:22

possible however unlikely

13:24

that a court would decide to consider

13:26

customer assets as part of the company

13:27

in a bankruptcy proceeding so with the

13:30

sec putting that out there the main

13:32

thing to uh to focus on for you guys is

13:34

if it’s not your keys it’s not your

13:38

crypto if you don’t own the exchange you

13:41

don’t own the crypto and if if you don’t

13:42

own the keys and you’re putting on a

13:44

centralized exchange they can definitely

13:46

take it from you and it can get hacked

13:48

anything could happen so that’s why it’s

13:50

super important to have a offline wallet

13:53

like a ledger you need an offline wallet

13:54

to store your crypto and then you just

13:56

remember your your keys you got the

13:58

little stick you could put the stick in

13:59

a safe you could save it for your kids

14:01

and if you’re planning on holding long

14:02

term this is uh one of the best

14:04

companies out there no this is actually

14:06

not a sponsored video i just believe

14:08

ledger is a really solid product and

14:10

they did reach out to us in the past and

14:12

you know that was a long time ago but

14:14

you know this is one of the best

14:15

products in the game for offline wallets

14:17

for yourself and you guys can go through

14:19

their website check it out ledger.com

14:20

feel free to give it a little look right

14:22

there hey ledger if you guys want to

14:23

sponsor us by all means hit us up in the

14:25

inbox do whatever you want to do because

14:27

you know i actually believe in your guys

14:29

product because it’s something that’s

14:30

going to help protect people in volatile

14:32

times like this but bankruptcy in

14:33

federal courts back to coinbase

14:35

bankruptcy is a legal proceeding

14:37

handling uh handled in federal courts

14:39

that allows businesses to reorganize

14:41

their debts same thing that 50 cent did

14:43

um same thing that a lot of celebrities

14:45

do to reorganize debts and make

14:47

repayment plans with creditors if it is

14:50

not possible for the business to

14:51

continue operating bankrupt bankruptcy

14:53

provides a method to liquidate its

14:55

assets or other people’s assets and

14:57

distribute them amongst creditors so

15:00

normal types of bankruptcy is uh chapter

15:02

seven the most common form bankruptcy

15:04

individuals or corporations can file uh

15:06

better debtors income must be below a

15:09

certain level depending on the location

15:10

if the income’s in a bank account or in

15:12

a centralized location it’s not tucked

15:14

away in offshore banks or in uh some

15:16

offline wallets or some decentralized

15:18

wallet somewhere the court provides a

15:20

trustee who takes over the business

15:22

sells the debtors assets that are not

15:24

exempt from the sale and distribute

15:26

proceeds creditors the debtor exit

15:28

bankruptcy fees from the old debt

15:30

including unsecured debt so that way you

15:32

know a lot of people are hiding money

15:33

doing this type of stuff now chapter 11

15:35

the goal of this type of bankruptcy is

15:37

to reorganize and remain in business the

15:40

debtor remains in control of business

15:42

operations individuals corporations and

15:43

railroads can file uh the debtor has no

15:46

income requirement so that’s going to be

15:49

really interesting to see what happens

15:50

with this guys and just prepare prepare

15:53

for worst case scenario it’s like i said

15:54

always expect the best case scenario

15:56

prepare for uh worst case scenario and

15:59

face the reality of what happens because

16:01

you can have your head in the clouds and

16:03

your feet on the ground and you’re

16:04

walking giant in a massive whale in

16:06

these markets that way but if you have

16:08

your head in the clouds expecting the

16:09

best and you’re feet in the clouds

16:11

preparing for the best then the fall

16:13

back down to earth hurts a lot more so

16:14

dokwan said i am the master of stable

16:16

coins and i do not approve of this

16:18

reality and you saw you know usdt at the

16:22

top usdc and then you see tara luna and

16:24

now tara luna dropped tremendously guys

16:26

so you know with him posting on twitter

16:28

all the time you know you just have to

16:30

be very careful who to listen to other

16:32

than the run guys because we’re bringing

16:33

you facts we bring you facts and we

16:35

bring you information in this and you

16:36

make up your own mind obviously us

16:38

treasury secretary janet yellen pushes

16:40

for stable coin regulation by the end of

16:42

this year the timing is very

16:44

coincidental don’t you think that this

16:47

would happen to ust as an attack from

16:49

these massive companies uh citadel and

16:52

all that and now all of a sudden stable

16:54

coin starts to come out because the sec

16:56

wants to save investors interesting how

16:58

that works guys this is all a war this

17:00

is a financial warfare we’re going

17:02

through financial warfare uh chemical

17:04

warfare spiritual warfare and an

17:06

information war right now as well too

17:08

stable coins have been a hot topic for

17:10

both on and off capitol hill and earlier

17:13

today u.s treasury secretary janet

17:15

yellen pushed for regulation during an

17:17

annual testimony in front of the senate

17:18

banking committee as a time where tara’s

17:20

algorithmic stablecoin ust struggles to

17:23

regain its peg interesting timing right

17:26

i don’t think that’s a coincidence new

17:27

products and technology may present

17:29

opportunities to promote innovation and

17:31

increase efficiencies yellen said

17:32

however digital assets may prevent risk

17:35

to the financial system and increase

17:37

and coordinate

17:38

coordinated regulatory attention is

17:41

necessary now i do agree that regulation

17:43

is necessary to protect investors from

17:45

stuff like that however i don’t agree

17:47

that you know if they’re going to come

17:49

out with a fed coin and they’re going to

17:50

make everything else obsolete just to

17:52

control people that’s just their own

17:53

form of control and

17:55

they’re going to need to be regulated by

17:57

the people in response to the questions

17:59

from senator pat toomey uh yellen said

18:02

it would be highly appropriate for

18:03

stable coin regulation to occur by the

18:05

end of 2022 because there are many risks

18:07

associated with cryptocurrencies we

18:08

really need a consistent federal

18:10

framework i really look forward to

18:11

working with uh toomey the member of

18:13

congress to devise legislation that

18:15

would accomplish that so

18:17

get ready for it it’s coming so you guys

18:18

just have to be prepared and the best

18:20

way to prepare yourself uh during times

18:22

of uh news coming out about regulation

18:24

and once they start drafting the

18:26

framework and the legal policies and all

18:28

of that stuff is to have passive income

18:30

flowing in for yourself especially

18:31

during times of volatility for your

18:33

favorite altcoins because you look at

18:35

bitcoin right here we talked about

18:36

bitcoin seeing a sell-off i do feel

18:38

there’s going to be you know a dead cap

18:40

balance and a short-term recovery for

18:41

bitcoin uh relatively soon

18:44

now how high that will push bitcoin i

18:45

mean we might see bitcoin rise back to

18:47

thirty three thousand dollars up to

18:49

thirty eight thirty nine thousand

18:50

dollars and then drop again but we for

18:52

sure are in a bear market guys uh and

18:55

the how long this bear market is gonna

18:56

be extended to i personally feel it’s

18:58

gonna be until uh november december

19:01

january or february of 2000 end of 2022

19:04

end of 2023 just based on past cycles

19:07

how it takes roughly a year to go from

19:09

top to bottom and if we’re looking right

19:10

here at the bitcoin rainbow price chart

19:13

um you guys can see that where we are

19:14

right now we’re in the buy zone anywhere

19:16

between twenty one thousand twenty nine

19:18

thousand dollars a fire sale is going to

19:20

be between zero and twenty one thousand

19:22

dollars so we are in the point where

19:24

bitcoin is very cheap to accumulate for

19:26

those of you that are felt like you were

19:28

missing out on bitcoin above 65 000

19:30

now

19:31

here’s another big key your emotions

19:34

when bitcoin was at 65 000 was probably

19:37

so excited that you wanted to buy right

19:39

when that was one of the worst times to

19:40

buy because we were in the cell

19:42

seriously tell formal intensifying zone

19:45

right we’re actually we’re in the fomo

19:46

intensified zone we didn’t reach maximum

19:48

bubble territory

19:50

like we did in the past with the

19:52

parabolic blow off top in 2017

19:55

late 2017 guys when bitcoin is nearly 20

19:58

000 so right now where bitcoin is at

20:00

it’s one of the best points to

20:02

accumulate now for looking at bitcoin

20:03

stock to flow model this shows uh where

20:05

bitcoin is in comparison to the days of

20:07

its next halfing having based on color

20:10

so you see 1 400 days all the way to

20:12

zero days and if you look at this

20:14

historically speaking um right here is

20:17

we’re in the capitulation zone right

20:19

when bitcoin was at like six thousand

20:20

seven thousand dollars back in uh 2018

20:24

during that summer and then once we saw

20:25

bitcoin fall off the shelf and go on

20:28

this short term temporary little little

20:30

fake out rally and then covet hit and he

20:32

saw the whole halving take place that

20:35

was when bitcoin was at six thousand

20:36

dollars when it was blue zero days until

20:38

the next having once it have then we

20:40

flipped back to red we started all over

20:41

again that’s when the bull run came so

20:43

the same thing’s going to happen again

20:45

just like it happened before just like

20:47

it happened before

20:48

just like it happened before throughout

20:50

bitcoin’s entire inception so this is

20:52

really simple um this is the good news

20:54

guys that okay so bad news and good news

20:56

bad news is we’re in a bear market we’re

20:58

gonna keep going down okay good news is

21:00

once bitcoin bottoms out if you have

21:02

enough cash flow on the side

21:04

you want to buy up the dip you’re going

21:05

to become wealthier than you can ever

21:07

even imagine because we’re still going

21:08

to be around during the bear market

21:10

we’re still going to be having videos

21:11

come out every single day this entire

21:13

year we have like five to seven videos

21:15

coming out per day to help educate you

21:16

guys on what to do as long as you stick

21:18

around the campfire we will help you

21:21

create passive income for yourself guys

21:23

now if you’re relying only on crypto

21:26

income that we need to help you secure

21:28

wealth in other areas because when you

21:30

look at something like ethereum

21:31

ethereum’s going to bleed out as well

21:33

too

21:34

there are no guarantees like this is

21:35

worst case scenario sure you can hope

21:37

for ethereum and everything to turn

21:38

around and pass all-time highs and stuff

21:40

however if i drop the chart from the

21:42

all-time high of 2017 it looks something

21:45

like this we could see ethereum drop all

21:47

the way back down to its previous

21:49

all-time high of a thousand bucks guys

21:51

and it could go even lower than that if

21:52

bitcoin drops to ten thousand dollars

21:54

that would be an 85 percent loss now if

21:56

we look at this upward trending uh

21:58

support line from the bottom of

22:01

uh 29th of november 2016 the bottom

22:03

during covid to come back down and

22:05

re-test that that would put ethereum at

22:07

751 dollars now

22:09

i feel that that’s going to happen no

22:10

guarantees there but i’m saving up a lot

22:13

of money in order to buy the dip and i’m

22:14

gonna wait for everyone to get out of

22:16

crypto and i’m gonna wait for the

22:17

maximum uh

22:19

financial opportunity which would be

22:21

basically at the fire sale now with

22:24

shiba inu same thing for shibini we

22:26

talked about she being if it broke below

22:27

the support it would i said this in the

22:29

other videos guys if she being who fell

22:31

down below this it would come back down

22:33

within the support and resistance zones

22:35

right here and it just wicked right off

22:37

of it right here now we could see shiba

22:39

inu just continue to capitulate sideways

22:42

maybe have like short-term temporary

22:43

rally with bitcoin but it’s going to

22:45

keep capitulating sideways until we see

22:47

some massive bullish or even even more

22:50

bearish news so the markets are just

22:52

going to keep going sideways and keep

22:54

steadily bleeding out over time until we

22:56

reach a bottom once we reach the bottom

22:58

they shake everyone out what the elite

22:59

do they come back in and they buy at the

23:02

best time for investing because you see

23:04

disbelief hope optimism belief thrill

23:06

euphoria we went through that

23:07

complacency anxiety denial panic

23:10

capitulation is where we’re at right now

23:12

we’re about to go into the anger phase

23:13

where people are going to be questioning

23:15

who shorted the market same thing with

23:16

um ust people are going through that

23:18

right now for ust is who showed the

23:20

market why did this happen why the

23:22

government allowed this to happen why

23:24

did uh

23:25

dokwan allow this to happen why the team

23:26

at tara labs allow this to happen and

23:29

then best time for investing

23:31

um i don’t necessarily feel like yeah

23:33

some people are taking educated gambles

23:35

and you see people like throwing money

23:36

back into luna and all that stuff which

23:38

i do not recommend at all and um even

23:41

like for example if you’re if you’re

23:43

looking at other products out there like

23:45

xrp and you see xrp falling it doesn’t

23:47

mean that xrp is a crap product it means

23:49

that these portfolio capital companies

23:52

that are diversified across all these

23:53

assets they sell at the same time they

23:55

buy them at the same time but there are

23:57

some projects that are in this whole

23:58

disbelief stage that’s going to be

24:00

extended and they will go back into hope

24:02

belief thrill and euphoria and i do feel

24:04

xrp is one of those projects but you

24:06

want to wait for the majority of the

24:07

market for the majority of your

24:09

decisions you wait for the depression

24:12

stage when everyone is exited people got

24:15

liquidated people are having to sell

24:16

their crypto portfolios just to pay

24:18

their rent this is what i went through

24:20

in 2018 2019 and i learned the biggest

24:23

lesson in my life because like i said

24:24

you have to spend money to gain skills a

24:27

lot of times you have to lose money to

24:29

learn lessons for yourself so one of the

24:31

biggest lessons you can learn is the

24:33

diversification lesson but it’s also the

24:35

passive income lesson because so many

24:37

people are buying nfts right now and you

24:39

see nfts bleeding out as well too so if

24:42

you’re diversified but then your

24:44

portfolio just keeps bleeding and you’re

24:45

not preserving yourself the best way to

24:47

have

24:49

income constantly flowing through is by

24:51

having a business model that allows you

24:52

to do that so in the nft space one thing

24:55

we are doing to help out a lot of people

24:57

during the bear market is we’re about to

24:59

release one of the coolest softwares

25:01

that we’ve ever put together to help you

25:03

build a business with our all-in-one

25:04

platform for online business owners and

25:06

uh you can cancel all your subscriptions

25:08

for all these other companies if you’re

25:09

an entrepreneur because we’re gonna

25:11

allow you to do a lot of cool stuff

25:13

website building sales funnels guys

25:15

email autoresponder all that good stuff

25:17

fully customized checkout experiences

25:19

and at the same time too what we’re

25:21

doing for our new nf new and improved

25:23

nft launch is we’re attaching utility to

25:25

it so it’s going to be utility backed

25:27

nfts on the ethereum blockchain that

25:29

grants you membership access to

25:30

exclusive software and perks and if for

25:33

those of you guys that want to pre-mint

25:34

these and the price is going to be

25:35

stupid low for the

25:37

mint because we want everyone to be able

25:39

to afford them to get access to our

25:41

utility into our software to help you

25:43

create passive income because yeah fiat

25:45

currency might be you know fugazi fugazi

25:48

because it got taken off the gold

25:49

standard however

25:50

in the matrix that we’re in right now

25:53

in this game that you have to beat you

25:55

need fiat currency coming in so you have

25:57

a steady cash flow in your bank that way

25:59

you can get qualified number one for

26:01

more loans from big banks to buy real

26:04

estate and to buy land and also number

26:07

two to have solid cash flow that allows

26:10

you to direct it in other directions

26:11

because it’s called cash flow for a

26:13

reason it’s called liquidity for a

26:14

reason because it’s water right your

26:16

money has to flow like water and when it

26:18

comes into your bank you need to direct

26:19

that into different streams of income

26:21

like crypto maybe stocks real estate uh

26:24

land you know you got commodities uh you

26:26

can have precious metals as well too and

26:28

then you can put that into advertising

26:30

for your business as well so i made a

26:31

story on my instagram talking about one

26:33

of the best businesses to start during

26:34

the downtime is an information based

26:36

business but it’s also a software-based

26:38

business so when you buy an nft that is

26:41

backed by utility that’s how you ensure

26:43

that your income is going to be

26:44

preserved long-term because nfts stand

26:47

for tokens right non-fungible tokens so

26:50

if you look at a project like boarded

26:51

yacht club or doodles or okay bears or

26:53

moon birds you’ll see a max supply of

26:56

items this means like tokens so it’s

26:58

tokens owners and tokens so there’s ten

27:00

thousand tokens max supply twenty

27:01

thousand tokens ten thousand ten

27:03

thousand nineteen thousand that’s why a

27:04

lot of these nfts were worth more than a

27:07

single bitcoin because bitcoin’s max

27:09

supply was 21 million so what we’re

27:11

doing is we’re having our max supply of

27:13

tokens at 10 000 unique tokens and once

27:16

we launch our tokens you guys are going

27:18

to get vip access to all that stuff so

27:19

all you have to do is go to uh

27:21

metamoneyvip.com

27:23

uh check it out

27:25

check it out and you’re just gonna text

27:27

our number text us 777 you’ll get added

27:29

to the vip text line and uh we’re gonna

27:31

keep you posted on the white list on the

27:33

closer to launch that we get but guys

27:35

listen you know if you’re down on your

27:37

portfolio right now hang tight

27:39

be patient the markets will recover and

27:42

you are going to this time right now is

27:44

the best time to become a millionaire

27:46

and even a billionaire because when

27:47

there’s blood in the streets that’s when

27:49

people get ready to back up the truck

27:51

all the way the bank grab the bags pack

27:54

them and stack them leave no bags left

27:56

behind because we believe that over time

27:58

fiat currency is going down in value

28:00

over time crypto is going up in value

28:03

and that’s the truth on a macro scale so

28:06

you just have to be ready for that and

28:07

together we’re all going camping on the

28:08

beaches of the moon so i will see you on

28:10

the next video i will see you on the

28:12

links in the description below

28:13

metamoneyvip.com

28:14

runguys.com if you want to be entered in

28:16

to win a hundred dollars and i also will

28:18

see you on the beaches of the moon as

28:20

always

28:20

stay bullish make sure you like comment

28:23

and subscribe and share it if you fly

28:27

[Music]

28:43

you

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