I just lost half a million dollars, youlost good-for-nothing friend that is not a realized loss until you sell and get out ofyour position. The main purpose of this video is to change your perspective oncryptocurrencies and stop looking at crypto as a get rich quick scheme andrather look at it as a long term investment and how you can make moneyno matter if it rises or if it descent come we go into it[ Music] welcome back to the channel everyone myname’s section and it’s the moving norm a program where wediscuss everything day trading to keep you profitable on a consistent basis thisvideo runs a bit be everywhere I’m going to do sometime on the computer screen what I’m going to do talk to you a little bitand I’m going to show you my brand-new whiteboard for just asecond, so stick with me on this one it’s going to be extremely valuableinformation, will vary depending on how old you are , do you actually recollect when the internetcame out and a lot of beings were extreme no-seers on the internet andwhat about this internet thing you know something about it surewhat the hell is it exactly what they are oh it’s stupid why wouldyou tell other parties contents on this screen start read thing why don Are not you just goingto talk to them and it was absolutely the turning point of our wholegeneration some people jumped to aol phase messenger and perfectly likecrushed they had a community they were in different forumsthe internet was a thing they could see trading there they could see thepotential that they could see all these sites sounding up and those peoplewere forward fantasizing beings and on the other hand there were olderpeople who were almost exactly stuck in their roads saying that the internet’s stupidtext letters are stupid, you have to call your friends or talk face toface with them and those people refuse to adapt to the brand-new style, the same thingis currently happening with cryptocurrencies, so many people are no-sayers from cryptocurrenciesthey are like if you can not touch a dollar, it is you knowit is not real money, it is fake money and then there are the people whoended up in cryptocurrencies who you know when it was invented in 2009 2009 -2 010 and has regarded it ever since and they have done very well to create arecord number of billionaires because they started early , now I’m hereto tell you it’s not too late not what we are going through now is literally theprepuberst theatre of this industry the whole world is going to run awayfrom some structure of cryptocurrency or some form of blockchain or some form ofnft I am going to save nfts for another video because it’s goingto be like an hour long talk to me, this is how i want you to look at cryptocurrencies iwant you to look at it as a long term investment i want you to look at it asbuilding your portfolio planning for retirement that gets a certain percentageyear over year, because if you start investing in cryptocurrencies every weekby the when you are 65, you are going to be so ridiculously[ __] rich that instead of looking at used toyotas to for sale when you’re 65, you’regoing to be, I do not know, on looking for a rolls-royce supernatural phantommaybe maybe a driver i’m talking about ludicrous exponentialpercentage gains good chocolates in the bloodstream let’s dive deeper ibuy bitcoin and ethereum since bitcoin was at three thousandseven hundred dollars and ethereum was eighty seven dollars as much as I couldafford even a little more than I could render back then, Ithrew thousands upon thousands upon thousands and now my crypto portfolio is beautiful andhealthy, the problem most people with cryptocurrencies have is that they are happy while it goes upand then they be understood that peak portfolio price and it’s likeI have a million dollars in cryptocurrencies, I’m glad everything’s fine and then you have a 50 retracement and you have one million dollarson you portfolio drops to five hundred thousand dollars a and most peoplemake the catastrophic mistake of saying I just lost half a million dollars, youlost good-for-nothing brother who is not a realized loss t otdat you sell and get out ofyour position, for example now on bitcoin if you had a million dollarsjust here and “youd lost” 500,000 time now and got scared and your nerve hurtand you sold you actually have half a milliondollars lose, while if you really, I do not know impounded, it would have gone back to amillion dollars and then would have gone directly back to 500 000. WhatI want you to get out of your honcho is the unrealized loss it is not a loss notit’s a long term investment and i’m going to show you how to incorporate it. live so you make money no matter if it goes up and if it goesdown so step number one in this whole process isto open your mind to be a blank page and really assimilate the information I giveyou the first thing what you want to do is to think that cryptocurrencies arean investment d what i just wanted to do isto invest in your portfolio every month, how often you can afford it. I personally buy between one and two thousand dollars worth of crypto currencyevery Friday for the past nine months when I perform my decisionto buy crypto monies, there is absolutely no analysis whatsoever except for thefact that it’s an investment I buy at whatever rate it is, whether it’sfalling or rising , no matter religious every week, I buy cryptocurrenciesif you do that and you start looking at it long term, you will never ever worryabout these massive slumps and whatever the hell happens, all my cryptocurrencies total dollar expenditure median lowerthan this big nosedive we currently have , dollar cost average willhelp your portfolio to be happy the second thing I want you to do is tostop looking at such a small time frame when it comes to cryptocurrencies whenyou look at investing and even the day to trade it, which I will discuss later inthese videos all come out, I want you to look at the daily expected time frame merely this is going to bethe healthiest way to get a bigger perspective on this because so manypeople are seeing these big accidents and massive risesin such a few weeks and they are thinking about the wrong way about them not having aperception of what an average price should be for that cryptocurrency, they arerather looking at the high prices , now I’m going to show you what I necessitate reallyvery fast it’s bitcoin on a daily time frame and what we are going to do hereis just look at what a health median expenditure should beit is this red line this red line shows what the average price of bitcoinshould be in a given time frame so this is the daily candlestick plot so forevery 200 of these daily candles that red text is modelled so that you can see if theprice is shooting massively above it, you can clearly seethat it is an overbought market, because at this stage the average priceshould be about here in a healthy the sustainable neat flowing marketplace, butbecause cryptocurrencies have so much volatility, it is insane, so when the pricepulls back, where does it pull back to the average price then when people getbored for the average price, what does it again shoot far out theaverage price series, then if it gets too far, it’s coming back to that averageprice reach, it’s going to happen below it above that’s it the 200 movingaverage that’s the stuff I learn on this channel if you If you look at day trading, is the 200 the price it wants to be if it’s far from it, it wants to come back now, I’ve mentioned it before in previous videos, but Iwant to repeat it here when it comes to the general public’sopinion on cryptocurrency I go for give you an excellent example now, it’s just now when your unclesteve announces you and says hey man cryptocurrencies come near like thisis crazy I heard about it from the female at the food market I wa nt to buy some, it is waa r the normal retail day trader gets this area, really here whereit sits at the real price it should beis when people I do not know are happyand uh cry this is where you hear the horror narrations of people who have theirwhole life savings lose because they invested in cryptocurrencies, it’sthe negative information happenings that keep the normal average date seller out of themarkets, which is good for the billionaires, because they like to buy it here, okay the next thing I need you guys to do is to realize thatif you’re in the long run now and you’re planning for retirement, it’sliterally 1 year, it’s one year ofprice activity with bitcoin, so if you multiply that by 65, you would be around the zoom out graphto something I do not know representative of I can not evendo it here but it’s going to be like I do not know here it’s hard to imagine it inyour top so what I’m going to do is to move to my whiteboard and for youto show exactly what t I’m talking about okay so how I want you to see it is notas it looks now because at the moment you can see that it’s like massivespiking and immerse and the whole market is absolutely crazy but if you look at youknow say this is the beginning of your investment and that precisely there you are at6 5 years old, this little flash now looks like this is it, that’s allwe see now when you really think about cryptocurrencies in thefuture, I’m going to explain why in time a few seconds, but essentially that’s what’s going to happen to the cryptocurrency marketplaces, this type of flash or whatever isconstantly going on and on and on and on and on and on. down and up and downand up and down and down and up and down and up and down and up and upto where you’re 65 years old and it’s going to be I do not knowthe 2057 uh world war iiiuh large-hearted world-wide pandemic destructionchaos anarchy contest that is likely to happen in ourlifetime so expect it now what i want you guys to realize is that that thing downthere i s bitcoin at 37 000 with its peak toll at 60 whatever itwas and as day goes on the premium is going to getso absurd that to think of that price is going to be like god damn i had tohave what came in there is exactly the same attitude what people should have had orstill have when bitcoin was a hundred dollars orless, the naysayers said no, it’s not worth it, it’s not worth it and then the peoplewho actually looked at it as a asset came in andthen some morons bought pizza with it, so essentially what I’m saying is that whenyou’re going to be worth 65 cryptocurrencies, I do not know a million 20 million 30 million I haveno meaning, but it is is going to be significantly higher than it isnow and you are not going to sell it all at once and take all your coin andbuy an island just like any retired person you are going to live off of yourinvestments, you are going to take money out every month as you need itto buy the stuff to spawn their own lives comfy or w even if a residence auto a holiday andthe rest of it “you know youre going” drive and eventually your children’s children’schildren will inherit all that money you can not take your money to thegrave i mean you can but it is well done so this is the Dow Jones industrialaverage over the last hundred years, you can seeit looks like this thing I depicted behind me, you can see that theprice is always rising since we are as a human being and society and everythingis always watching up, yes there have been some massive hideaways, but overall we’ve made alot of progress, we’re at the highest price we’ve ever had in biography, so these big recedes look like lightningwhen you look at it at a hundred years stage now that i got it in yourhead, cryptocurrencies are a long term investment and you just have tokeep buying as much as you can forever every week, i’m going to show youhow you can make money while it starts to turn around and actually like profit fromthis stuff, it’s a ba ie simple policy I learn and all it does isuse trend lines so you can see it as lower points when the pricereturned and then continue if you draw a line over those details this iswhat is known as a trend line, as the toll undermines through it and starts tofall what you can do if you are very civilized is leverageshort prestiges, it is going to be much faster trading than long termhold because as you can see it takes a long time for the price to rise, but avery short time for the price to fall, so if the rate violates the trend line, you can get in a short positionand try to target the 200 season moving average, because that’s usually whereit’s going to leveraging cryptocurrenciestargeting the 200. It’s hovering commerces it’s long term positionsit’s not scalping if you want to learn how to scalp cryptocurrencies gowatch another one of my videos it’ s mostly exactly hedging your long term investmentswith withdrawals in spoil swap to hedge now various kinds of your entireinvestment if you have no idea what margin trading is, do not do itfirst teach yourself through videos you get on this direct or investopedia orwhatever teach yourself and then go in it, but do not like to go in it, justlike babe gradations you know, dip your feet in the spray now when it comes tobuying cryptocurrencies, you want to do it on spot exchanges, it’s realcryptocurrencies that go into a real cryptocurrency wallet while margintrading frequently takes place on a intermediary, some discern exchanges offer margin trading most, if not all, good agents volunteer cryptocurrency trading, so whatyou can do is buy a cluster of bitcoin on binance or coinbase as it goes up ordown, it is not matter merely build up your portfolio and as soon as you want tostart short-change because you have a downward trend and a disintegrate see in a trend line, you retain your main positions you occupy. yptocurrency “until youre” 65 andthen you can trade perimeter or leveraging the reversals this is the brokeri like to trade this is my personal opinion this is what works bestfor me i am going to explain why but if you do I do not want it do not use, look for someoneelse I is not sacrifice a[ __] the reason I use osprey is because they offer meone to 500 leverage, I can deposit in my trading chronicle withcryptocurrencies and I can also withdraw cryptocurrencies that is where allmy investment money comes from, so since I do daylight trading every month, I withdraw moneyand I buy cryptocurrencies and then I use the rest to make a living from this.Here contains a list of the cryptocurrencies you can trade with thisbroker you have just about everything that is favourite including dogecoin andsheba but some of the more popular ones like cardano and solana are availableas well as bitcoin and ethereum so whether you sell forexindices cryptocurrencies you can do it now and your payouts cannow be in cryptocurrencies again it is just the broker i use i have been usingit for years if you sell on Hugo Way or Awanda as well for yourblueberry markets whatever you want to go with, it’s good I’m just showing youhow to trade cryptocurrencies using other tools onthe one mitt you have small investments over time in real cryptocurrenciesand the other side of it is how much coin you have to invest “when youre doing” themargin trading , now it’s up to you it’s what you can afford, do not riskmoney you are not willing to lose but numerous people clear the great mistake tto take ten thousand dollars of their own money, start leveraging or boundary tradingwith it and eventually lose it due to improper trading procedures tradingwithout a stop loss, just like not having all the knowledge needed toactually margin trade have so that they end up losing a lot of their real moneyand think they will get rich quick, so instead of doing so you canactually risk a very small amount of money and get a large account to trade with it. Thisis known as a funded history it is a simple concept but not everyone knowsabout it so these middlemen or firms have a lot of capital and theybasically miss employees to trade for them if they are good, so what what the hell are you do is you givethis corporation four or five six hundred dollars and they give you ahundred thousand dollar demo detail and they tell you proof to me that you are agood day trader and I will allow you to trade with real fund, so it’s called theevaluation stage, you spend one month going 10 profit on this 100,000 note poise on the demo history, and formerly you do, they usually ask for averification like cool do it again just so we can make sureit was not luck and you can actually repeat what you did before once you gothrough that whole process and you have proven to them that you are a goodday trader. are really let you trade with a real account that has 100,000 real dollars in it and any earnings at the end of the month you bake have a7 0 30 split so you get 70 percent of the profits they get 30 since they are “re the ones who” peril all their money and again that’s why I likeosprey since they are give money notes, you can trade ahundred thousand dollar account with it , now you can choose three different history sizestwenty-five thousand fifty thousand hundred thousand andyou have thirty days to originate ten percent profit on it the bottom for a 25 kaccount costs 200. And for a 100 k accounting it expenditure 490. If you use thiscoupon code exactly now, you get 50 rebates and if you meet the challenge succeeded, theywill refund you that fund as you can see just here it’s just howI look at cryptocurrencies I impede buying, I keep going because I miss mydaughter to have a nice health joyou life and I can give itto her in the future by in crypto-currency to invest today and various kinds of precisely build it a ll for herand because I’ ve been trading for some time, I know how to takeadvantage of a bear market and commerce and actually make money while theprice goes down, so both roads price goes up my real cryptocurrencies areworth more premium quits my perimeter trading report raise and i amable to withdraw money and put back in the long term investmentsstop looking at cryptocurrencies as the toll it did this month, it plummeted last-place month, must be considered cryptocurrencies as a 65 year travel and it’s goingto change your entirety view on it one bitcoin is going to beworth $ 10 million eventually, one now if you know nothing from epoch trading, check out mybeginner playlist here if you experienced this video and gotinformation about it got some value from it, like the channel I learn, makesure you leave a like to show your corroborate and sign in if you are not yetthank you much needed for watching ni e and we see you in the nextvideo it’s going to be such a long video why did I do it
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