Bitcoin – BTC MultiversX – EGLD KYC-Free P2P BTC, $EGLD $DAG cc, $WULF, Inheritance, Cycles n more Foreign hello everybody it’s Sunday it’s q a Time thank you all for being here I it’s just me and T D Tesla here so uh I uh TD Tesla here so gather questions so please don’t Super Chat me at the very very end when I wrap up I’ll take a couple of questions But they’ll just be uh freebies they don’t I don’t wanna anybody to Super Chat anything and then us not be able to see it so thank you so much let’s go we have a lot of stuff to talk about today and again this is the top questions from the week from the Patreon community uh we’re going to talk about kyc free peer-to-peer Bitcoin trading how do you do it well it’s possible and we’re going to talk about Bitcoin Cycles we’re going to talk about dollar cost averaging on steroids versus top and bottom indicators and how you can use indicators together thank you K And I did see that we’re going to talk about inheritance game plans interesting one somebody posed me a tough question a little look at this Terra wolf this minor real brief we’re going to look at the constellation dag a lot of people are very interested in that Multiverse X Which is a silly name but that’s elrond as we know it in the past an update we’ll look at some compendium scores and some SCP scores as well and uh a whole bunch more we’re going to look at Bitcoin Cycles too um let’s just jump in uh did I cover Everything oh yeah uh daily active users versus new addresses and is there a correlation there oh by the way I just see here ethereum is now back at May 2022 levels why is that significant well that’s right before the proverbial hit the fan if you guys remember so ethereum Just shop to 2140.Big Move let’s see exactly what else is happening here um I’m sure bitcoin’s moving too no bigger 30 550 went up two hundred three hundred dollars and the top performer of the day is will remain nameless but uh from my short list of 100 cryptos let’s Jump in uh this is of course never Financial advice just edutainment and what I would honestly openly and transparently do myself all the questions come from patreon we still have some seats available if anyone else to jump in and uh thank you so much the existing community I love working with you every day so let’s talk about Bitcoin cycles first this is a question from CPK 2001 with the scarcity of Bitcoin increasing do you anticipate a normal four-year cycle where the price goes to all-time high and then a major correction I have a Hard time getting my arms around a correction when something is so scarce thanks love the animals thank you so much cbk great question so I don’t have a crystal ball but let me share some data points that I think are quite relevant as to where we are where we Could be going and we have seen there was actually a week last week where I think uh for some reason nobody that had held Bitcoin for like the previous two weeks actually sold was just pure accumulation we were talking like 99.7 of Bitcoin was just hoddled and that’s The first time I ever saw that so people are waking up to the fact that yes it is darn scarce and it’s getting scarce but let me show you some exciting data points this thing is just getting harder and harder by the day and that hardness Is going to double real soon let’s look at adoption first this is actually from the top and bottom indicator uh and you can see we’re at 46 million addresses and it’s just kind of up and to the right it was a little bit of an active blip so During you know bull market Peaks every kind of foam was in Hypes and that’s very representative one of those but remember 46 million addresses not bad when you compare that to over 8 billion people that’s not a lot we’re still early and by the way there are over 60 million millionaires probably About 64 million millionaires people say 56 was actually 64.because I calculated all the time and uh becoming a millionaire is actually easier and easier because dollars debasing fast but remember there are nearly as many Bitcoin addresses Bitcoin individuals adopting Bitcoin as there are millionaires but it’s a tiny percentage Of the population also there are good people in the world like Jack Dorsey despite all the adani stuff love late and he is now spending his life to grow Bitcoin adoption that is his only focus of course he’s a CEO of a company called Square as well or the block but um that You know it’s good people really pushing this at adoption and remember the more participants there are the more valuable the network also the more participants there are the scarcer this thing will become um let’s look at some Bitcoin scarcity data out of the total 19.3 million Bitcoin only this is kind of Mind-blowing only 964 000 have been produced since May 2020 having May 2020 seems like eons ago but that’s kind of three years ago and you can see 18.3 million were my between 2009 and 2020 and despite not being too scarce Bitcoin went from five dollars to thirty Thousand over the past decade now it’s 30 over 30 500.and the interesting part is scarcity will double in April 2024 so you’re dead right cbk scarcity is happening and it’s happening fast now you’ve seen all these stats before but I just want to give you a quick quick Summary of where we are today all right in today’s dollars Global wealth 900 trillion one percent of that is nine trillion current bitcoin market cap is half a trillion dollars or 500 billion and one percent of global wealth would mean an 18x in bitcoin price and the the Conservative Target I have for Bitcoin is 540k not sure when but at the rate at which this thing is getting hard that could happen way sooner than expected my original plan for this was about 2028 but you know who knows we’ll see I don’t want to sound like it’s too much hopium But the things that we’ve been seeing on chain especially since late 2022 have been nothing short of astounding in addition quick reminder from the very beginning where we are we’re we’re right there that little tiny little Dot and if you take 46 million people that have adopted Bitcoin divide that by 8 billion That’s technically 0.005625 of the global population I know certain countries have a lot more adoption than others but think about that a lot of people are unbitcoined let’s call it as we go forwards it’s still very early this thing is so hard it’s incredible now probably the most beautiful picture That CPK that you get an idea of the hardness is again on the left you have us M2 money supply from 1960 to 2022 and how it’s gone vertical there is no denying that 21.3 trillion in money supply it’s probably a little bit higher now and the Bitcoin Supply schedule I Pointed the little green dots between both of where we are respectively so the one on the left is going to continue going up and to the right the one on the right is going to Flat Line okay Supply schedule for the next hundred and whatever years 120 years It’s just going to be flat so as people come in the price is guaranteed to go up and the hardness is doubling we’re seeing I think it was 78 of people have not sold in two years that would be 90 soon so if you imagine 90 of 50 million Bitcoin 14 million Bitcoin something about there that’s 1.4 million Bitcoin available for sale and we’re still so early you combine this chart with the previous chart it’s so exciting it actually keeps you awake at night so with that I don’t know where we’re gonna go I did expect a Smaller drawdown to about 30k last year and we got there but then we were hit with Black Swan after Black Swan after Black Swan after Black Swan it was like a complete poop show and that’s why I think it took us all the way down there Was so many hits but now we’ve seen things like the banking crisis and operation choke point and everything else it really proves the use case so I do expect less of a drawdown but there will be there will be a cycle because it’s a Euphoria so the market will take The Bitcoin price up to a certain level and then people will follow in it’ll go higher than it technically should go and then it’ll revert back down and that’s just exactly what happens so let’s go to the next question thank you CPT uh this is from Chewie it’s regarding Peer-to-peer Bitcoin James I’ve been looking more into ways to get Bitcoin in a decentralized non-kyc methods by the way non-kyc is know your customer so you can have it privately uh which seems work p to p and people pay using Amazon gift cards so it can be traced what I Would love is your team prepare a future video Bubba look at decentralized matter cbdc dystopian future but this goes into really Diggy into bisque Network and we’ll talk more about that right now and that is how can people trade Bitcoin peer-to-peer privately not advice of course but here there’s a Couple ways you can get Bitcoin without kyc and that is uh local Bitcoins huddle Hudl and bisque Network which you talk about now in a second also Bitcoin ATMs you can use those don’t recommend them but it’s possible and people have gift cards prepaid debit cards sites like Paxful bit refill allow you to trade your gift cards for Bitcoin and then you got Bitcoin meetups direct peer-to-peer exchanges with people in your area where you can actually uh you know barter Services one of the things I do believe will happen more and more in the future You know it could be peer-to-peer legal services or plumbing services or whatever chauffeur Services gardening services and that’s just that’s just coming and that’s that’s something that just can’t be blocked and then get paid in Bitcoin you can get part of your check directly in Bitcoin but of course that probably be KY seed um let’s look at bisc Network real quick and walk through this so this is kind of a short dive into it and what makes bisque unique is that is pure peer-to-peer exchange um and by the way just to make sure people know this is a question we have no Affiliation with anything so this is just an objective point of view regarding this and we would take it as you may but what makes uh is users manually search and select for specific offers they wish to take directly from best users this enables true peer-to-peer settlement and ensures that users are in Control of which counterparties they trade with and it’s important to note as well that biscs doesn’t use a market maker approach instead it simply coordinates the trade so for example if I have one Bitcoin available for sale for 30 500 instead of going to coinbase I can pop it up here for sale for example And Trades are executed directly between buyers and sellers and funds are held in a multi-sig escrow until the trade goes through that’s that’s simple but there’s more to it so there are some advantages as well and there are no kyc requirements bisque Does not require users to complete a know your customer process and this allows users to trade without revealing personal information which can be a concern for those who value their privacy and bisque does not require users to reveal any personal information no names no addresses no nothing and Instead users are identified by a unique account identifier and a public key and this protects users privacy and prevents third-party entities from accessing their personal information and bisc is open source platform and you know we like open source stuff here it’s completely decentralized there’s no Central Authority or control over the Network which means that users have complete control over the funds and trading activities and this is awesome and I always say the future will be tokenized the future will be completely decentralized and that’s what we want because we’ve seen how Central organizations work and I’m Just going to pop out the chat here and make sure I’m not missing anything from you lovely people so let’s go and let’s uh and how to install and create an account bisque you must download and install the biscuit desktop application and create your account again doesn’t Require any information then you need to fund your best wallet before you can trade on bisque Network and of course we always recommend try a little bit first see how it goes and if you do do a trade your funds are locked in escrow till everything clears just like in a Traditional bank so this is just one of many things that’s coming in the future a quick view of what it looks like once it’s set up you’re ready for trading you can go over to the trading page create or find an offer officer listed and decentralized order book and you can Filter them by payment method by currency you could be paying British pounds and other criteria as well and once you find the offer that matches your requirements you can open a trade coordinate with them pay them and once the trade is agreed upon the buyer sends the funds to the escrow account the Seller releases the Bitcoin to the buyer’s bisque wallet and once the transaction is complete both parties can leave the feedback in the business Network and that’s it no personal information is exchanged and no intermediary is required there’s no putting this toothpaste back in the tube As I like to say so thank you Chewie for the great question next question is from Craig m is there a way to effectively combine dcas with BTC top and bottom indicator I’m looking for a long-term investment and not a Trader so my primary strategy is DCA but will be open To selling the other tops that are indicated and using these funds to add to my allocated DCA funds to maximize both strategies great question so we have for those who don’t know we’ve got a number of different indicators that we make available to the community the top and bottom indicator is designed To identify bottoms and tops and everything else in between as well as key transition layers we also have dcas which is dollar cost averaging on steroids and we’ll walk through those both right now and see how they work in conjunction with each other so all tools that we build are building Blocks to incorporate different strategies for different users for different levels of sophistication to build that whole holistic trading strategy and before we talk about combining them let’s understand what they are so dcas is designed to smash DCA strategies and it does this by using a whole bunch of mathematical models to Make sure that you do not buy when things are frothy but you buy hard when they are cheap or not frothy with different multiples that are signified in the actual indicator and the top and bottom is designed to determine the strength of the Bitcoin bull or bear When to layer in and went to layer out and these two models do complement each other and we’ll walk through exactly how that is done right now so first of all this is actually a visual of what they look like here’s an example of how you can use the fundamental analysis you Derive from the top and bottom indicator to inform your DC as strategy so for example you got the dcas calculator at the top the it normally has an indication as to what the load is that you purchase on the triangle it’s not sure there I forgot to highlight that and then you’ve Got your dcas model and when you layer in how hard you layer in as well as like a visual histogram of how things look whether the Market’s frothy or not and you use the DCS to configure your buy targets you can configure it to anything you want weekly monthly daily bi-weekly 100 whatever fifty dollars thousand dollars whatever you want and you can see exactly in real time depending on your settings which you can also customize how you would have performed versus DCA and also at the bottom you can while you’re doing the DCA stuff you can actually activate the Tabby model at the bottom and you can see exactly where we are then you can draw little lines as to where your buy zone is and where your bison stops and where it starts again and where it stops so that’s one way that you can use the top and bottom model to evaluate Bitcoin’s fundamental value and per your DCA strategy accordingly by the way the DCA model of course works for all assets no matter what you are where the equities are crypto but the top and bottom is just for Bitcoin forgot to mention that now let’s look at Combo Number Two you could look at a more sophisticated strategy you can combine the trend and layer out into this strategy so first we’ll look at the direction of the trend and you see how it dials in very closely to the dollar cost average model and the top and Bottom model as well there are times where you pause your DCA and there are times that you ramp up and that’s exactly what it’s supposed to do I always and this is based on many of the principles that I have had in my life I say don’t chase replace Etc this prevents you from chasing it gives you that discipline so a lot of times we kind of instinctively know what to do but we need a decision maker to help us and we do that using numbers and math the third combo is to identify hedge and profit taking layers this is The layer out model at the top and it identifies the layers based on a whole bunch of different parameters and from there you can identify when where to identify support layers where you buy in in combination with the dcas model and the top and bottom model and you can see Actually it’s the first time I’ve looked at these all in conjunction but they actually do visually complement each other as well and if the market is becoming too frothy as we say according to the top and bottom indicator we can flip on our layer out levels to identify Potential exit points for Bitcoin I like to get in for example in at layers and I like to get out at layers remember I can do another complete model on the video on this as well if you like but typically I like to exit stuff in fifths Like 20 tranches all the way up by the time it gets to the top you’ve got a lot of profit but you have still some of the tables money riding as well which is important so thank you for that question this is another interesting question from up Nico uh up Nico found out Something very interesting he was comparing Solana to ethereum the number of heavy make sure is okay the number of okay daily active users are decreasing from on-chain metrics and also the number of daily addresses is usually roughly half the number of daily active dresses for eth it’s usually one-fifth Or one quarter well let’s test that now the question is does that mean that Saul has less user retention than eth brilliant question so first of all let’s look at the eth daily active users seven day moving average versus the 17 move average of new users so you can see here On the left approximately 471 000 daily active dresses by the way this is also very different to how it was a month ago thank you so much tnd Tesla but a month ago it was a lot less about 350 000 daily activities but it’s gone up a Lot because of of course chappella and the hard Fork brought a lot of activity to the chain also the number of new addresses for ethereum Network which is already stable you can see here it’s around 80 000 so per what you said up Nico 471 80 000 that’s about a fifth actually It’s less than the fifth more like almost a sixth this is Solana daily active users he has gone through a bit of a slump we did have a spike a couple of weeks ago where the daily active views were higher than both ethereum and Matic which is impressive to see but What is interesting here is the number of new addresses on the salon Network seven day moving average is over a hundred and fifteen thousand compared to the daily active uses of about 235 000.so what is going on hmm now what is the exclamation for this Well first of all we know that the daily activities is about to explode because of all the depend activity is happening on Solana but this is my simple explanation this is the numbers of the seven day moving average currently as of today ethereum 470 000 daily active Users saw 235k remember a couple weeks ago it was the opposite uh new addresses 81k for eth saw 116k so that is exactly 17.23 percent new addresses versus daily activities use and Saul had nearly half 49.36 and I think Lindy is the reason for this and in other words Lindy effect Is the longer something has been in existence the more people are kind of have a tendency to go there so for example if a cryptocurrency has been in existence for a long time like nine years or something like is the case with ethereum it is more likely to have Established long strong Network of users Etc this is what you’re seeing here and this in turn makes it more resilient to Market fluctuations and less likely to disappear altogether that’s the Lindi effect Nassau is still a relatively new chain two years ago those you know when I first started talking about solid March 2021 there’s nothing on there there’s no dafs no nothing but uh we do expect Saul to grow real fast and I would much prefer a higher ratio and pop this ratio again I’d rather be 49.36 versus 17.23 because every chain depends on its lifeblood but your question is super interesting and Nico that’s why I love doing these because I I learn from your questions it makes me dig but we’ll see how this trend continues and we can try to add it into some of the metrics we use as well as we go forward and see how the performance of this metric drives future Growth expectations for a chain fascinating idea let’s look at the next question this is from can you have a look at the NASDAQ listed Terra Wolf the first us-based Bitcoin miner using nuclear power for energy they tweeted we continue to execute as promised delivering strong results in q1 2023 we believe the continued hard work and commitment of our people has positioned us to achieve our goal of five and a half X hash of capacity in the second quarter wow that’s big growth because they’ve come from nothing to something real fast and I do my minor Review it’s typically eight miners the top eight public miners when I do it next week because a lot of people were upset last week I didn’t because the miners went nuts like clean spark I went from two dollars to four dollars in like a couple of days 70 gain in three Days which is insane but let’s uh talk about the wolf hash rate and here you can see per this chart is these are monthly statistics starting in January 22 and they had nothing going on they didn’t really start until March which is exactly a year but they’ve gone from Nothing to nearly 3 300 uh terahash which is very impressive growth and if they’re going to five and a half in the next 10 weeks really impressive that is a very very fast growth next let’s look at the amount that they mine per month again this is stunning because they’ve gone From you know mining 30 40 Bitcoin to nearly 250 Bitcoin a month and to put things in perspective only mined 131 Bitcoin last month these guys are doing nearly double that and they just came out of the blue so it’s very very impressive uh let’s look at the balance sheet Um a big part here is the debt 130 million in debt and Equity so we have to examine their current burn to identify how long they can survive here we look at the kind of earnings you can see they’re losing a ballpark 150 million a year see you go back to This chart that would wipe them out pretty quick and that is the concern as we go forward uh with these types of names in addition when I calculated dilution Solutions 80 over the last 12 months which is extremely high and a lot of the miners are deluding of course to Raise money to buy Rigs and that explains their scale but to do a really deep deep dive it takes hours and hours and hours of number crunching but what I can show you is this and I will include them next week in my deep dive but uh here you can see There’s one concern on these numbers when you compare them to the peers and that’s the price of sales extremely high I know they’re ramping up so I need to look at exactly how much they’re burning how long it takes them to ramp up Etc what their profitably look looks like Their Capital efficiency and see how they compare to others but right now when I look at these numbers they nearly have the same market caps team spark clean spark is double a hash uh double the Bitcoin Production Way more scale Effectiveness efficiency and the valuation is just off so I can tell you Right now just by looking at these numbers items like clean spark are a better value with more upside but uh it’s so funny because clean sport was two bucks my target was like 12.so if you buy a two bucks a couple weeks ago a couple of days ago in fact uh it Was a 6X now it’s at four bucks it’s only a 3X and this is this is the kind of power of exponentiality and the importance as well the investing lesson here is to get in early okay a couple of days can be the difference between a 3X and a 6X in your investment So remember that so I will be doing well let me know in the comments below because I know mine are people doesn’t monitor mine is mine is boring nobody’s interested in looking at financials for minors but if you can time it right wow it’s incredible Bitcoin was flat all Last week and clean spark went up 70 so riddle me that and is Wolf the next clean spark we’ll answer that too so let me know if you want that video next question is from tarnished and uh this is I am 37 and will inherit 550 000 British pounds I think that’s about six hundred twenty thousand dollars uh tarnished would put half into Bitcoin half into Tesla but my wife would pay off a 280 000 pound mortgage call that half of the inheritance which frees up a thousand pounds a month for Bitcoin and produce Spanish real estate for Airbnb with the rest we would like to retire by 50 due to similar circumstances to you which strategy would you help us achieve this so this yeah I love these questions but I shouldn’t really ask them but all I can do is say what I would do now um typically within a household Females and don’t take this wrong any females out there they tend to be you know very very conservative very risk-averse and that’s why in most cultures in the world women handle the finances because they do a better job than men but this is also a special time To be alive so and you know my by what I call rule number one Fiat is debasing let’s let me just show you this is what I mean uh this chart one more time remember this all right do you want to hold that when it’s being printed to Infinity no I Don’t know so rule number one and again I gotta be careful here I personally don’t like paying off debt I again if I can get debt lock it in a very low fixed interest rate pay no principal back that’s what I do and I’ve been doing it for decades because I know Where Fiat is going it’s going down if I borrow a million dollars at three percent interest only no repayments I know I’m only paying 560k back in 10 years so I saved 440 000 at least and that’s before crazy money printing like now so hold on to your debt especially in this Rapidly depreciating debasing currency and the same thing goes to the British pound you saw what the bank of England did in Q4 last year and avoid paying it off as long as you’re able to keep up with the payments to remember as well I don’t know what the rules are in the UK But if you miss a payment sometimes they can re-jigger your interest rates if you miss a payment on a credit card they can jack your interest so make sure you always have enough money to keep your credit tidy and make your payments very important next my game plan so I can Make everybody happy in this family your wife and you I would go thirds and by the random reason I like thirds is because of financing and allocations Etc so you always hear me talking about three legs of a stool and things in thirds layering out in fifths Etc But to keep the happy family 185k into Bitcoin 185k into Tesla and 185k into your Spanish rental do not pay off the mortgage all right borrow as you can now the reason for this is if you take your thousand pounds a month and you’re DCA from paying off that 280 000 pounds The Bitcoin price is going to go up and a thousand pounds will buy you less and less Bitcoin over time that’s why you want to get in early get it seems to be a theme today get in early getting hard even though it might seem crazy now a thirty thousand dollar Bitcoin we all know it’s going to 100K and after that 250k after that 450k after that you know over time it’s scarce and it’s getting adopted the only way is to go up and fiat’s going down so it’s like it’s like it’s got one rocket booster on one side and another rocket Boost on the other side just gonna drive the price up and that’s just the math now I also like the thirds too so imagine the one percent chance that Bitcoin blows up you’ll still have your Tesla that’ll do very well okay or if Tesla blows up you’ll still Have your Bitcoin but it’s highly highly highly unlikely that they’ll both blow up okay and then have your 185k which should get a nice place and by the way if you’re looking at Airbnb um there make sure your rent that you can get covers your expenses you don’t want this Eating into your lifestyle in the UK too so sometimes you can buy a duplex have two units keep one for yourself as well and rent both out whatever anyway enough of that thank you for the question next question is from Lime Street Music can you run constellation tag through Your crypto compendium from the research I’ve done it looks like it could be a potential Game Changer and has a lot of projects with real world utility working with them including the US Air Force would love to hear your thoughts no shells just curious as I appreciate your Strict rules investing yes so I in full associate didn’t know anything about the Air Force deal don’t know anything about cancellation dag looked at a long time ago never Revisited since and a quick uh recap for those who may not know it’s a dag which is a directed a cyclic graph Architecture for consensus and the so-called infinite scalability and it’s been around since 2017 and it’s what I would call kind of a data management category infrastructure type play like um filecoin and others so let’s look and this I hate doing this because like there’s 18 18 in this category of What we categorize as data management plays and this is the worst from a tokenomics perspective it doesn’t mean it won’t go up or down but it is crap in terms of uh tokenomics everything about it is really bad so I I’m sorry to give you that Grief news the other 17 are there this is ranked the worst the crypto compendium score is 2.3 out of 10.
so it’s in the bottom 23rd percentile of the top 500 cryptos you know it’s also up against names you know although they play kind of differently but like think Of like graph or chain link or flux all have far far far better scores uh than this one so I hate doing that let’s look at the chart see what the chart looks like this is the dag chart you can see here wow it was really high and then Just fell we are now under deep deep under the 200-day moving average in percentage terms and that is all also not good by the way what you’re also seeing here is another indicator we have and it’s never actually thrown a Buy on this particular asset which is good or sell so Sorry for for that and you know sometimes I always consider it’s like you know this is somebody’s baby and you’re telling them the tokenomics are really awful and there may be no hope but what we do is we use like 69 data points to Benchmark cryptos against each Other by category and it has worked very well 92 percent of the time maybe there’s an eight percent chance that this will be saved by the U.S Air Force but I doubt it I remember two years ago there was a whole bunch of people say oh These guys cut a deal with Pacific Gas and Electric and everything else and then working with all these different companies and it’s like no it doesn’t mean anything you need adoption not necessarily kind of private deal so with that be careful next question another compendium One this is from Aslk fja let’s just call them that uh can we get an update in the latest crypto committee and scores for elrond it says uh this is an interesting one because I’ve been looking at this I’m looking at this I’m looking at this for years and years and years because everybody’s saying oh Elrond elrond but now they’ve called it Multiverse X could there be a dumber name for something like Multiverse X as opposed to Multiverse Z or Y or a anyway it’s it’s always a bad sign when companies try and get rid of their branding because every new elron for many many Years and then they switched the names to something like metaverse let’s jump on the metaverse by the way and call it Multiverse because that’s going to make the whole protocol much better sorry to be firm again but all I do is share of data let’s look at their score so first Of all the crypto companion score is 6.45 two years ago is 6.5 so it’s gotten slightly worse which isn’t that bad this one in comparison to the previous one is kind of in the top two-thirds of the top 500 kryptos not catastrophic let’s look at because it is an SCP a smart contract Platform it does have an SCP compendium score as well and here you can see it is at the very bottom it’s just above Luna classic okay so again I hate this it’s second worst out of 28 smart contact platforms which includes all layer ones L layer twos and Some of the data here as well if you look at uh kind of the developer activity it’s not good as well so um let’s look at the L Ron chart not too dissimilar from the previous chart but at least it’s at the 200-day moving average which is at least Something it still has a lot of people holding on to it and writing very good ink about it but the problems that I see with elrond it is 14 000 daily active users which isn’t a lot compared to other names very poor growth opportunity very poor text score very poor adoption And an abysmal developer ratios all across active commits repos number of active developers the complete drop-off from growth so um I I hate giving this bad news um but around is again out of 28 scps it’s second last just above Luna so be careful out there um and yeah I I wish you some of you asked but it was I hate disappointing people anyway Lucky Dragon if you’re forced to only have one leg to your stool which would it be I predict you would take real estate and give up on stocks and crypto from Lucky Dragon so for those who don’t Know I believe in a three-legged stool real estate equities and crypto and within those obviously real estate’s Buy and Hold generate cash flow Etc equities some of them are what I call huddle bag 80 is going to put them away you know Tesla stock Etc is my biggest position And then I trade about 20 very aggressively so if I lose my trading bag and I actually use my huddle bag to support my trading bag in margin to create you know additional uh returns and my third leg of the stool is crypto Again part trading a lot of swapping between Cryptos I much prefer option trading equities because I find it much easier so the answer may surprise you but if I had one leg of my stool buy a long shot to be equities they are very predictable they are optionable vast majority of my wealth 90 plus Percent of my wealth has come from Equity trading and I find equities more predictable than crypto even though kryptos on chain analytics I find I’ve just much much much easier to trade so hope that helps and um our contributions this week there is uh some we’ve done this once before the Vaquita porpoises a member asked us to look into it and there was a recent news release this week Mexico’s environmental Department promised to do more to protect the endangered vaquita Marina porpoise Thursday uh to head off trade sanctions by the international Wildlife boat but a lot of people on the ground Um feel that the Mexican Government is doing nothing to control what they call Gill net fishing which traps and kills a vaquita and this is the most scarce mammal on earth there’s only 20 of them left so we’re helping them so I’m going to do a couple of quick questions thank You all for being here if there are any in the chat or if tnd saw any coming in let me see uh sorry there’s nobody here today to help me normally I’ve got help on da da to a left yeah that’s really sad um Peter Lipscomb with so many large High scale projects launching being launched on Solana any chance you can share your thoughts on some of them such as Hive mapper and helium which have utility um I think Hive mapper is very very interesting typical iot project helium helium’s been around a long time I don’t Know if this will really help growth but it may cut course that’ll help the miners generate money again helium miners sometimes I we have a number of members in the community that have 20 plus mining Rigs and they used to make a lot of money but they’re not making as Much today and because of adoption but the people that do make money with these helium miners are those that are in very concentrated areas that need Wi-Fi very sophisticated places like Manhattan and stuff that tends to work but I think I’m much more interested in render I think render Will be a game changer on the platform but apart from that the amount of chains moving to use Salon as infrastructure is interesting from two perspectives one it’s going to completely explode the transactions at daily active users and number two it shows you why would huge chains that Have a lot of responsibility move to something that everybody says is broken riddle me that so if they have trust in it um you know why shouldn’t others and I know they’ve been through a hard time and they had a recent outage a few months ago that was terrible from a Small little niggly thing that shouldn’t have caused it but they are working on um her jump I think it is which will be a fully backup replicatable site that will help things go forward so I can I can do a deep dive into that more as well uh Render was using render before it got huge very powerful and useful for rendering it is indeed I’m not a gamer but I’ve seen a little bit as to how it works um ocean ocean protocol yeah I looked at that I’m afraid it does not score well on our things as well Um pharafin can we see the compendium listening is it for subscribers and we’re trying to open it up to the community the problem is it costs uh as it has a ton of data feeds those apis cost thousands and thousands of dollars every month uh we also have a development team that Manages it every single day so the overhead for this thing is a beast you know I think six digits but we’re trying to help people give them access to what they’re looking for so imagine you own token X and you want to see how it Compares in its Category to other names you’ll be able to pay like a dollar we just want to try get to a position where we can cover the overhead we don’t want to make profits for any of this stuff just cover the overhead on it and help people understand where their token goes Because it was a recent video just a few hours ago somebody’s saying the top eight cryptos at 2023 every single one had horrible compendium scores horrible and they were also last in their categories so that will help you know bring much more transparency to the space from a Quant perspective Things that would take an individual maybe a hundred two hundred three hour 300 hours of research to get to the same level of knowledge they’d be able to see it in the flash so they determine if their crypto is going to make it or not And that’s what we want to do so that’s the plan uh yeah fearful it’s a lot of cash a lot of development time but remember it has 69 different data points it’s got about 25 different apis some of these apis are like fifteen hundred dollars a month and Then development team to support so it is uh expensive so but it’s also important and we think it would be very helpful to the community we’re just trying to find a way to get a table so now that it’s built um let me see if there’s any more questions And then I’m gonna go um faint signals watch see spiracy and to see how you can help Wildlife awesome will do epic cash is the third I don’t know I’ve never heard of Epic cash um oh yeah I can do that Aristotle or Plato good question when is James going to Interview TNT Tesla like he did with Dr Sanjay tnd if you’re open for it I’d love to and tnd is amazing and that’d be cool or we could do a round of golf somewhere like Hawaii that’d be even better hello from Norway good question when do you sleep yeah I Have had problems with that lady but it’s also an exciting time so this year has been very very exciting so you’re energized by all of the activity and things coming around uh let me see hey Benny hey Rusty bot cat M all the usual crew uh That does not build well yeah and Cat em the issue with assets um I I covered it I just want to spend a minute I did a very detailed video yesterday which was extremely well received every single comment is like mind blown every gutsaling from it so I’ll add it here check out yesterday’s video regarding how to have the crack the code on the investor mindset that you need to have but if you take crypto this is like 25 000 cryptos now okay the analog early 1900s in the US car makers it was two thousand now there’s Three okay so there’s only room for a few players well it’s three plus Tesla but I don’t considerate Tesla car maker so over time everything gets eaten up by what I call black holes they are the winners there is no there will not be 28 layer ones winning okay Maybe two or three that’s why I focus very hard on very very few names because the more you scatter your money across different elements of a category the more you go to lose and that’s also mathematically approval Mr Andy thank you so much and I do one More question and then I think my voice is going to stop um let me see Adam quarterman would love a video on your end-to-end analysis of an equity before you decide to invest I’ve done one check out my um investing one-on-one playlist I did one from the very beginning to the very End and uh I think I use Tesla as a case study because that’s what I did years and years ago and that’ll be it so what did mc13 say is mc13 mad cow make sure you hit the like yes thank you so much assuming that’s MC and I’ll do one more question Because I can’t get away I can’t be quiet Jason fan club do I still believe in cinnamon uh yeah um I mean so again I chose it because I have big Bitcoin big Bitcoin position big eth position pretty much I bought pretty much 95 of My eth All In Space For a week back in March 2020 just I was watching for a long time and I was like wow this is so cheap I run into the burning building so now I’ve got a very low cost basis but I was worried about that that segment of my eyes so I had to find The eth killer that everybody’s talking about I researched day and night for months and months and months found so long I said if anybody’s going to Dethrone them it’ll be this it’s a different architecture different approach to technology and that’s it so I still have right now My in my eighth position is 16 of my crypto my salon is about five percent there was a time when they were there it was higher than that but of course ethereum has moved Solana hasn’t but that’s what happened so Bitcoin moves first ethereum moves second and then the Smaller ones move last but remember Solana market cap was three percent of eth the other day three percent so the question is is ethereum 34 times better than Solana and Solana does way more transactions had more daily active users a week or two ago and has more breath of depth more Flexibility and the people that are on the salon platform transact an awful lot more and that can be seen in the data too so will it make it yes and they’re also doing things that are very unique like mobile super interesting dpin super interesting so totally believe and uh You know I haven’t pretty much I bought probably 50 times more Solana over this bear Market maybe even more than that then I have ethereum so that’s where I place my bed because I want my ethereum bag and my salon bike to be equivalent that’s my goal and if somebody goes to Where I think it’s going to go there is technically a feasibility that it could even be bigger than my Bitcoin bag down the line so enjoy your Sunday everybody thoughts and star Atlas every single um thing it is it is very ambitious and the only thing I’ll say about star of Alice if they can pull it off and if they get adoption it could be mind-blowing but the tokenomics are horrible okay thank you so much everybody for being here thank you so much tnd Tesla ping the inbox if you would like to be interviewed I think that would be fun And I do what the community wants every single time so let me try to find out where my screen is all right thank you everybody hit the like on the way out the door much appreciated I’ll see you all tomorrow bye foreign #Bitcoin #ETH #KYCFreeBTC #SOL #DAU #EGLD #DAG $WULF #Inheritance #BTCCycles 👋 JOIN THE FAMILY: http://www.patreon.com/investanswers 📈 IA MODELS: http://www.investanswers.io 📬 IA NEWSLETTER: https://investanswers.substack.com KYC free Peer to peer BTC trading, BTC Cycles, DCAS & TABI combo, DAU vs New Users, TeraWULF analysis, Inheritance game plan, Constellation DAG, MultiverseX Elrond update InvestAnswers does not provide financial, investment, tax, or legal advice.None of the content on the InvestAnswers channels is financial, investment, tax, or legal advice and should not be taken as such; the content is intended only for educational and entertainment purposes.InvestAnswers (James) shares some of his trades as learning examples but they are only relevant to his specific portfolio allocation, risk tolerance & financial expertise, may not constitute a comprehensive or complete discussion of such topics, and should not be emulated.The content of this video is solely the opinion(s) of the speaker who is not a licensed financial advisor or registered investment advisor.
Trading equities or cryptocurrencies poses considerable risk of loss.Kindly use your judgment and do your own research at all times.You are solely responsible for your own financial, investing, and trading decisions.0:00 Intro 2:20 Where to Ask Questions – Questions from this video are taken from Patreon members (Investor level or higher) patreon.com/investanswers 2:38 Bitcoin Cycles 3:38 Bitcoin Adoption (Addresses) 4:30 Jack Dedicating His Life to Bitcoin Adoption 4:58 BTC Scarcity 5:42 BTC as % Global Wealth 6:25 Bitcoin Adoption 46M/8BN = 0.005625 7:08 We Are Here 9:18 Chewie Peer to Peer Bitcoin Bisq – A decentralized bitcoin exchange network Getting Started 9:40 Peer-to-peer (P2P) exchanges – LocalBitcoins, HodlHodl, and we will go in depth on one called Bisq network.10:42 Non-KYC Exchange: Bisq Network 11:55 Advantages of Bisq Network 13:00 Install and Create Account 13:22 Find Offers and Trade 14:16 CraigM – DCAS and Top and Bottom Indicator Combo 15:00 Models 15:40 Combo #1: DCAS and TABI 17:00 Combo #2 Trend and DCAS TABI 18:00 Combo #3 Layer Out and DCAS TABI 19:25 OP-Nico DAU vs New Addresses I found out something interesting.Comparing Solana to Ethereum, the number ok daily active users are decreasing (source: the block on chain metrics) and also, the number of new daily addresses is usually roughly half the number of Daily Active Addresses, while for ETH it’s usually 1/5 – 1/4.
Doesn’t that mean that SOL has less user retention than ETH? 20:00 ETH DAU vs New Addresses 20:42 SOL DAU vs New Addresses 21:20 DAU vs New Addresses 23:03 Fyvieloon TeraWulf Review 23:50 WULF Hash 24:20 WULF BTC Mined Per Month 25:00 WULF Balance Sheet 25:20 WULF Earnings 25:40 WULF Upside Target vs Others? 26:20 Is WULF the Next CLSK? 27:20 Tarnished Inheritance Game Plan 28:55 Rule #1 29:59 My Game Plan – NFA 32:01 Lime_Street_Music Constellation $DAG Compendium Score 32:55 Constellation $DAG 33:30 $DAG Chart 34:56 MultiverseX Elrond $EGLD 35:54 MultiverseX Elrond $EGLD IA CC Score 36:00 MultiverseX Elrond $EGLD SCP Score 36:33 Chart 36:40 Other EGLD Data Points 37:22 Lucky_Dragon 1 Leg Stool Only – Which One? 38:00 If My Stool only had 1 Leg 40:00 This week we donated to Sea Shepherd and their efforts to save the Vaquita Porpoises: 42:00 Live Q&A source.
