(Monday) Crypto and Bitcoin Livestream

to be ready and then we're gonna click that button right now and we are ready to go so welcome back guys to another episode of box mining here today is monday the 22nd of march we're approaching the end of march and it's been a super exciting week and this year has been just amazing for crypto but approaching the start of this week it's bright and early 11 a.m here i'm fully rested and ready and looking at crypto and i think this is a really great time so despite the market not moving too much i mean bitcoin ethereum it's like this it's like meh it's so calm i mean everyone's saying like eef is now the new staple coin because it's so stable it's rock steady but this is really a good sign because you know as the prices kind of pull back a little bit and then it establishes where the support is this gives a lot more confidence especially to a lot of these more long-term investors people who are looking into bitcoin and cryptocurrencies and ethereum and everything there people are looking for where that support is and establishes the support establishing points of where the market's very very stable that's actually really great for entry so this is kind of like an internal objective this week like this week i'm definitely i feel like on a weekend people were a little bit phased out by prices dipping you know five percent or three percent or these little tiny numbers but this is where for me this becomes a much more prime time to look at everything because this is when some people you know they lose they lose their focus they don't get so interested anymore um they they just kind of cash out and they leave but that's actually a great time because that creates opportunities right opportunities of finding what is new what is gonna be the next game changer and that's kind of the focus of today's episode as well so you know on the live stream guys we're going to take a look at the general market trends the overall what's happening on the market then we'll go straight to news of what's happening the latest kind of most groundbreaking moments that happened over the weekend and then we're going to jump straight into some of the new stuff that's happening soon obviously of course the nft non-fungible token markets growing up i'm getting infinite youtube feeds on this and it's relatively interesting so i feel like we got to discuss this a little bit further we'll discuss a little bit on the yield farming front the landscape has changed a lot to be honest for good both good and bad and we'll talk a lot about you know some of the in-depth detail stuff as well so you guys know with this channel box money we don't just cover the basics of crypto but we're willing to go much further and dive deep into the more serious discussions that's going on here and with that guys i really do appreciate if you guys appreciate the content here make sure you smash up those likes it really does help this channel it's a youtube thing it's a youtube algorithm thing but i really ask for your help i do this all for free so the least you can do for the free stuff is to just click that like button smash that down pump that up that really does help everything and with that guys let's start getting going let's throw the intro and let's get started all right let's start off with the market so market not too much happening let's be honest let's be brutally honest here not too much happening on the markets today so yeah bitcoin it was down 20 last 24 hours but you know past hours kind of recovering a little bit as we move towards a new week especially here in asia there's definitely a lot of optimism going on we saw last week there was a grand opening for genesis block one of the biggest otc's in hong kong building a bitcoin center both in wang chai and starting off a new one in chum cha chui so this is something that's definitely seen in hong kong more physical stores and i feel like asia is becoming more and more bullish on crypto at this moment so when i wake up now i definitely see markets going up as opposed to a few months ago when markets go down but anyways regardless we're seeing bitcoin really rock steady at 57 000 we see ethereum at 1700 seems like these are numbers that we've seen before and yes absolutely so we see binance coin staying steady at 250 dollars cardano you know kind of recovering a little bit and moving it back up so definitely the market has been relatively stagnant past 24 hours and if you look at the past 24 hours you definitely see on this front oh why is it let me just do a little quick refresh over here if you definitely look at the 20 past 24 hours you see there is some growth all right you see harmony moving up quite a lot healing moving a couple of probably a lot but you definitely see some dips as well on the other side and i feel like there hasn't been too much ground either gained or lost over the weekend it was relatively calm and on that front as well i do have to say i did take a little bit of time off this weekend i think it was much appreciated you guys probably see a more full of energy um it was actually a great time to take some time off i just took a day off um had some nice you know brunch and everything was amazing but i feel like that was probably the perfect time because now this week i'm refreshed and i'm ready this week i'm ready to look at the altcoins markets all right so looking very quickly at bitcoin markets and eith markets i'll tell you the story of why i'm paying more attention to altcoins at this current point so bitcoin i'm just gonna put the big trends going on i really look at like i really like to look at the big picture so not too much has moved in the big picture front we still have that resistance at around 61 000 we're still not approaching that as of yet it's becoming relatively boring to look at to be honest we definitely see a little bit more support coming in here at 56 000 there were attempts to kind of maybe crash bitcoin down over this weekend i think a lot of people were freaking out if they're looking at the hourlies they're probably freaking out this weekend but yet again i do have to say i took a little bit of a break off that's my honest truth i didn't really take too much pay too much attention to this dip because i wasn't too concerned about it to be honest i feel like the the whole setup right now is that the amount the accessibility of cryptocurrencies is increasing anyone who's in this industry they're anticipating an increase up ahead with more retail access if you guys watch the interview as well the interviews that i've done um during the launch of the genesis block party let me just give you a quick preview of that as well let me just put that on on my stream but something that was interesting was this was kind of um this was a very packed event right uh this was like um that's kevin right there but you can definitely see it i was like literally shouting all right everyone was here everyone was trying to figure out so this is the launch of the chum cha chua location for genesis block one of the bitcoin centers here in hong kong so this allows um just to give you a guys a background if you guys don't know what's happening here those this bitcoin center deals explicitly with cryptocurrency so people can come in with physical cash and they can ask questions as well they come in with cash buy bitcoin vice versa start trading and it gives a lot of confidence too right these bitcoin centers they provide a hub for people to learn about crypto and also get more confidence because people know that they can go to physical store some people still really like that you know that's that's interesting but this is a very in a very prime location the green behind this is very interesting too if you actually see outside this window this green that's a bank that's hang sang bank in hong kong it's one of the biggest banks here is a subsidiary of hsbc you guys probably all know hsbc but as a subsidiary of hsbc one of the biggest banks here so the location is right opposite of bank right so it's like new world old world you guys come over here so this is a big event you can see it's packed a lot of hong kong crypto community is here they're just chatting i mean people need to chat right now like there's just been like you know kovit's been hitting us pretty hard right so people meeting up chatting and i think something that's quite interesting was there's a few discussions so i think one to pay attention to is talk the talk of clement ip so this is clement right here and he when he one thing he's saying um especially on the otc trading front is that genesis block is getting a lot more institutional customers so big ticket guys family offices people who have a lot of money right they're buying up cryptocurrencies in large large quantities but the retail side right the kind of the normal average person they're still a little bit concerned right the small accounts they're just they're still a little bit concerned they're eyeing bitcoin and you definitely see that as well like um because this is um on the ground floor right because this floor is on ground floor i asked i was actually in the store and you can see the people crossing it's near major crossing and people walk past genesis block and they're like okay i'm pretty bad with expectations but they're they're kind of like concerned like what is this what is this bitcoin you know like hong kong mom and pops right the boomer generation they're they're a little bit right uh they're a little bit concerned and i feel like this is the one that i'm looking for this is still these are people that actually ironically need bitcoin because the reason why right the reason why is because right now with so much money being printed in fiat fiat is going down and i think that's pretty much a known fact that the the the facts have been building up over time and how much how much usd has been printed over the past two years go look that up all right what's happening with the banking institutions go look that up how many of them are fined for fraud look that up it's pretty obvious what's going to happen next and ironically people actually need to have more access to cryptocurrencies and this is what they're providing and i feel like this is if there's a run-up right if there's a run-up this is what i'm looking for too so if you want overall market if you want to have the access you need to have more and more people understanding and getting into cryptocurrencies and just to build that up as well i definitely see i'll just fit a bit of a news article into here as well see robin hood ceo says we're going to offer a crypto wallet as fast as possible you definitely see that and so really what i'm looking for right now for bitcoin to grow is retail access right i think retail like people kind of talk about bitcoin and they're still a little bit suspicious but i'm looking for that major boom because something that i've definitely don't see here right what's also important about these charts is what we don't see right because in 2017 we know that there was an immense run-up right we know that there was a insane kind of bubble that appeared in crypto side right let me just move out to a week and we'll just zoom in to here this run-up really makes the last run-up look rather insignificant but just relaying some experiences and stories here so what happened was that during the say almost the same time period so running up to december and then what happened was that in january and february we have these huge crashes right in bitcoin prices in 2018 so this was kind of like early 2018 you have these huge crashes support didn't really appear and then after support appeared and then just crashed down again this is kind of the opposite story right so after chinese new year after u.s tax season here we're still pushing up for bitcoin which is very very very positive right now this is where this is this is why i'm so bullish right so not financial advice obviously but i'm personally super bullish in crypto at this current point i feel like in terms of the institutional side i think they're accumulating like you definitely see the signs of that where there are larger and larger parties like big companies buying up cryptocurrencies this was never seen before right this is like your teslas your may tools you know they're they're coming up buying cryptocurrencies and then they're not phased by these little pullbacks right like i feel like maybe retail would be a little bit phased out by this but i definitely don't see them screaming and this is a this is where it becomes rather important because if the next explosion really comes here because bitcoin has a lot to offer in terms of additional value we're gonna move like way above this so that's my two cents that's why i'm bullish obviously you know not financial advice blah blah blah all right next up on ethereum same thing relatively boring i'm falling asleep just looking at this chart uh it's like this new stable coin it hasn't really moved too much from 1700 uh kind of boring stuff happening there but that being said of course i feel like if bitcoin's gonna move ethereum the next best the next candidate to move right so even though ethereum's struggling with some of the scaling issues it's really starting to show i think a few of my friends also messaged me over the week um they're like oh is there a way to make ethereum transactions cheaper i've been trading on uniswap it's cost around 40 to make a trade that's really cutting into my profits and right now that that is a that that is a legit concern i mean i've been known to pay not just 40 but 80 for trade especially during the like the hottest season like the hottest time on the network and i realized that right now if you submit a transaction with less than gas fees you're gonna get like front run you're gonna fail that transaction and you're gonna get a worse rate five minutes later so the the side consequence right now is on ethereum you gotta spend um it's uh no money no honey game right now and uh that's um that's removing a lot of access to a lot of people who are interested in this space so i feel like ethereum they're challenging they're facing this challenge right now of network congestion continue network congestion but that's also a good sign because there's a lot of tech coming along in its place to deal with this i mean so just yet again fitting another bit of news in there so projects like say for example uniswap one of the biggest exchanges here out on eef um they're they're if we go another week without announcing publicly announcing details of uniswap v3 i might go insane this is hayden adams he is one of the developers and inventor of uniswap i should definitely this is um i'm following him on my plan but anyways he is really dying to tell us what's going to happen next and very likely something's going to happen very soon with uniswap to make life a lot easier v3 is coming out so yet again a lot of optimism on the edge which is why i think i'm pretty excited to be very refreshed this week going into battle um i feel like this is a great opportunity opening up at this current point so if you want to ask when box mining is bullish like right now would be it and i don't really pull this card very often but yet again yeah so i definitely see this momentum coming in all right so that's kind of with the majors and with the alts um right now where like i feel like both sides um not too much movement over the weekend um yeah not too much is talked about let me just quickly look at what's happening on the top uh 200 yeah we got some strong performance from seller audio stent so yeah it's it's it's pretty good it's quite asymmetrical still like a bit better than what i thought it would be and a lot of coins that i was holding was performing very well so shout outs to say for example cyberfly was doing super well happy is doing super well uh yeah it's um a lot this weekend i was like oh yeah this is enough to celebrate these two for for for some time so anyways um that was pretty exciting and a v chain is doing super well too so yeah this weekend i was pretty i mean it's like at um nine nine cents twenty so if that's an old prices that's nine point two dollars which is reach reaching its all-time high really really exciting times uh head um so victor roke says thoughts on high happy and disbalancer so yeah i'm i'm very into the um hack and ecosystem you guys probably know i'm actually really happy for dimitri um it's one of the situations where i kind of really knew them um as the bear market approached and that was a bad time for them right there were less and fewer fewer and fewer projects looking to get smart contract audits or looking at cyber security and they were continue to build through that and arriving at this point now as the markets are exploding and as um a lot of hacks are happening they're the kind of the frontline infantry to prevent this right so all of a sudden they turn from zero to hero in the space of just a few seconds like that so yeah so high in in terms of high hacking they're in they're the white hats they're the guys who prevent hackers they and they're super strong at that and then adding on top of that there's happy one of their newest cyber security protocols out there and people don't really notice yet but this is something that people projects must integrate in the future namely because as there are more and more hacks in the space you need a way to stop the thefts to stop the thieves from cashing out money and running and laundering that money and this is one of the top ways to do it so through happy the protocol to integrate to spot and identify hack funds immediately and stopping those from poisoning the rest of the pool that's actually relatively important if you tell me so yeah definitely see very a lot of bullish momentum yes this week has been extremely good for me too i'm not gonna brag too much i feel like that's unnecessary but yeah a lot of movements on a lot of different altcoins that were just like kind of phenomenal for me um at the very least so that's kind of what i do like i i wake up every day look at my you know coin gecko account and i could look at my portfolio the coins i have like oh these are doing well okay cool great but anyways that's i digress that's another story so anyways very quickly let's move straight back onto the news let's see what is happening so a little bit of negative news a little bit of negative news so coinbase settles with cftc for 6.5 million over old trading practices so coinbase will pay 6.5 million dollar fine to settle allegations it self-traded cryptocurrencies between 2015 and 2018 oh that's not something you want to be caught for coinbase so um um we know that some exchanges do this this is one of the unfortunate side effects of crypto where you shouldn't really look at trade volume because trade volume might be fake this is like where like exchanges trade with themselves right to kind of move up the op volume you can be oh look fomo is coming look at the volume it's great like it's exciting right uh no really it's just it's just a bot made by people this is one of the longest accusations in crypto we always we have that happens a lot and it's one of the reasons why we don't really look at trade volumes on this channel because a lot of times this could be done by either the exchange or the market maker but regardless um coinbase can easily pay that 6.5 million dollar fine i don't think that's a big issue for coinbase at this current point i mean these exchanges are reporting billion dollars of quarterly profit or revenue sorry revenue so they're reporting billions of dollars i mean what is 6.5 million dollars i think if you want to pay for a good market maker uh you're gonna pay more than 6.5 million dollars let's be honest here but anyways that coinbase is paying that and in a totally unrelated reason it's going to delay its public offering so this is the fud also kidding it so not only are they paying this fine but they were going to go public one month later than expected so this is why the news actually does have a little bit of a bite all right this is why the fine does have a little bit of impact very likely it's related all right so um coinbase declined to comment it was kind of funny i was reading this right so without disclosing a reason bloomberg says this that says that the plans have changed so very likely this could be a possible reason why it doesn't look it doesn't look good the fine wasn't very big right the fine is 6.5 about a million dollars not a very big fine but what is more important is it doesn't look good for the exchange right because if they were faking volume right then what else are they faking a lot of people will be asking this question so yet again this is where that little bit of fud comes in for coinbase but i don't really think this is the big problem here so um you know it's very important to point out that they're like over old trading practices they don't do that anymore that's that's that's in the past like turning over a brand new leaf here but anyways regardless it's delayed for at least one month going forward and we'll have to see how that launch happens but that's also pretty good as well that timing will be kind of impeccable really if it's in a month's time because right now we're kind of recovering a little bit the hype's starting a little bit down for both bitcoin and ethereum people are getting bored this is a really good thing because people who are really in it for the long term boredom is not a something people care about right like if you're a long-term hodler you want to wait for general public those um to get bored you know for this talk taxi driver to stop talking about cryptocurrencies because and that was a sign right if your taxi driver talks about crypto you should really sell but wait for general public to get bored they they lose a little bit of interest and then the accumulation happens and that's the one something that we definitely see here that's happening right now um i think if you look at the institutional investors that are coming into this place the large buys that's definitely uh the key here so anyways going that um you can also see keep like we also see some articles related to this i kind of wanted to add some information to back this up uh this is key bitcoin price metric shows pro traders increase their bitcoin long position so you can definitely um so if you look at the top traders they've been lying bitcoin and uh that's the reason right so you can see the stats of the longs people who are top you know people who've been around for a long time i feel like maybe there's a circle jerk maybe there there is a certain element to that because after friday you know i how i was at the event at genesis block everyone was bullish i think 100 of the people was bullish obviously right if you if you go to a crypto event you better be bullish otherwise why do you go at all right but that that being said um there i think there are substantial reason for that going on at this current point so anyways i feel like this is uh this is one of the more key metrics to look at um this not so much you know like uh i like i like joseph young but he comments on price a lot he used to be like uh someone who um comment on fundamentals but now he's like oh price price makes a lot of sense because people click on these articles and absolutely we should feed into that but uh anyways yeah he's talking about the latest selling pressure from bitfinex and uh what is happening on the u.s treasury yields so yeah i think the meta situation is still very very much gearing up towards looking at crypto as a store of value across the board here all right let's see what is next um this is interesting for finding uh mining news amd unlike nvidia won't try to block crypto miners from using its chips is one of the reports so something that you guys know about mining is that people who are gamers hate miners right this is something that's been going on for some time because we as if you're a miner if you mine cryptocurrencies like ethereum you need to buy graphics cards and these cards are used by gamers and they're highly valued by gamers but the issue right now is that most graphics cards are out of stock and nvidia was trying to deal with this problem right they're trying to get like the 3060 more to gamers trying to block crypto miners from using it not very successful and amd is coming out to say you know what we're gonna try to cater to both i think it's a great time for these card manufacturers because all of a sudden you know miners are buying this on mass right um an update on that because you recently probably know i've upgraded my gear i've been buying graphics cards etc right now like the same cards that i was buying they're they're being priced at 20 percent more for my entry price than my entry price thanks to ethereum prices going up more miners mining ethereum so yeah prices are going up and it's almost impossible to get any of these um cards at this current point so i don't know kind of interesting kind of interesting but if you do have a um gaming graphics cards i would definitely say you know look into mining like um you know it generates quite a few dollars per day um the best source is what to mine.com i think that's probably one thing to look at if you have a gpu you can find a model number and then when you have the model number say for example um you know if you're if you're modern and you have a i have a 30 70 so if you click one of those those things on there you can find out you could be generating quite a lot look at that that's like 20 what no way no no way that's that's is that even right for 30 70 no way no okay that's five dollars okay so yeah it's that that that did not make sense that did not compute for me for a second there yeah you're generating about five dollars revenue per day on your 30 70 that's not bad actually that's not bad so if you're if you're a gamer this is actually a pretty good time for you just look into how to mine this i'll do more tutorials i've been mining part-time on this rig um just when overnight i leave it on running and generating some profit but yeah it's around five dollars not 20 but five dollars is not too bad um going forward so yeah not bad not bad amd um probably would switch to it if i can actually find any stock um but you know uh this is kind of interesting very kind of interesting so deutsche bank is calling bitcoin number three amongst global currencies right now that's kind of interesting um this becomes one of the bigger meta plays here right like well will this become one of the biggest currencies of the world will the banks now be forced to hold some form of cryptocurrencies because you know that foreign currency holdings is a pretty big thing in the world to kind of stabilize the fiat system but bitcoin provides a much better value proposition because you're not affected by how much money is being printed so say for example right now um the hong kong dollar is actually pegged to the u.s dollar right so one u.s dollar is roughly around 7.8 hong kong dollars at this current point and hong kong government maintains that peg by holding a huge amount of u.s currency but that also ties hong kong directly with the u.s economy if the u.s dollar if the american government prints more u.s dollars then and has um set different um inflation or deflation mechanism mechanisms it's going to directly affect hong kong but if hong kong sets nets peg to say bitcoin right and holds bitcoin to defend that peg that's gonna offer a lot more opportunity it's gonna offer a lot more reliability because you know exactly how much bitcoin is how many bitcoins are being mined per day that's mathematically proven um there's not gonna be any fundamental policy changes that's gonna like a new qe or a new stimulus check to everyone so that's actually gonna be quite interesting so with deutsche bank naming bitcoin as number three currency obviously um that's a pretty big rank i don't think i would have expected this um in 2012 or 2015 when people said bitcoin or when deutsche bank was busy saying bitcoin was dead i wouldn't expect them to flip so fast like this but this is how the world works um they are flipping very quickly and the facts are really proving themselves so yeah i definitely see that there is a lot going on okay next up on the news uh we got even nyc's high folton gogan high museum is looking at nfts job posting suggests i think this is interesting all right so with the discussion on non-fungible tokens right a collectible form of art is it just a jpeg is it just an image or is it much more valuable well now the art market thinks so and you know why this is the case because there is this right that's the unfortunate side um that's the reality of this world right but the world operates on this the more money there is in something well the more someone is going to come and stand and champion something so this is the case with the art world so we saw a bank see the burnt bank see going on sale as an nft we saw b-posts being sold for 69.3 million dollars in an auction right now these art museums are taking note like should they be collecting it should they not regardless of which they know money is going to be made here so um yeah everyone's just jumping on the bandwagon no it's kind of crazy that being said of course there's a lot of videos right now about nfts whether it's a bubble the biggest bubble in the world or is this going to come out to something so i do want to say a few things about this nfts obviously it's going very very mainstream you know jake paul's doing some nft stuff we uh recently at refinable uh we're talking to a lot of other people and everyone is jumping on board right because i feel like the people who are out there they can smell money right so that's good and bad good side is that people are going to understand this a lot more right this is one something that people are going to it's going to click to a lot more people because this because this being approached at different angles artists explaining what nfts are like tech guys like me explaining what nfts are museum curators explaining to what nfts are the adoption is going to come but that being said of course um something that is relatively unhealthy here is how much some of these nfts are going for so their starting prices are extremely high and there's something very different from other collectibles i mean i think this is very well pointed out that a lot of collectibles say for example like magic the gathering cards or pokemon cards or your shoe or stamps even their initial launch price of these assets were very low right say a deck of pokemon cards would would have cost like 10 dollars back in a day for a pack of 60 right and then you can get your charizard and get your rares your your um your legendaries there and then eventually those prices will climb to thousands of dollars per pokemon card and that's um a value appreciation over time but the issue right now is that nfts are being launched at extremely high prices 69 million dollars for a people not many people can really afford that so we're having a different launch condition and i feel like the people who are speculating on nfts right now they're the mega rich right they're the mega rich the people who have made a lot on eef right and we talked a little bit about this with the chain guardian guys the real nft collectors inside the community they wouldn't think in us dollars they'll think in terms of ethereum right maybe they entered ethereum at ten dollars so if they're like oh yeah 200 ethereum you know i entered eve at like ten dollars that's two thousand dollars for me right or something like that but obviously 200 ethereum at its current price that's another story right 200 ethereum eth2 usd i think that's that would be like 30 yeah 30 350 000 at this current point so there are definitely a lot of cryptocurrency early investors speculating in this place and i definitely feel like it's not a market for me to be honest i will never spend that amount of eve um on a nft but some people do and this is where i feel like it's not for everyone i don't think like the general public should get access to this because it's way too expensive for most people to afford and there's no proven long-term market yet so i feel like this is where there's good and bad here there's good that there are so many people interested in the space and because of the amount of money flowing into the space this is definitely going to become something in the future that's a given right now but whether or not these individual assets are worth so much or whether i am speculating on something like this no but i'm speculating more on the technology side the platforms that make this happen so if that makes that distinction make is very made clear so recently i'm an advisor for chain guardians they're doing a platform for video games and they're doing these heroes and empty nft form and they're making games around that also with refinable and marketplace for nft so if you get the gist i'm more into the infrastructure side of things but yeah um that's a take i got an infinite amount of people asking me thoughts on bao finance i'm just looking at the chat uh um i think a lot of people are asking about it um i have no opinion on that to be honest i mind it um just to answer questions for the community i mind like bao very very early on um yeah it's like i hope it does well i have a lot um i'm not gonna lie there um quite a lot of it's locked up um i hope it does well as one guy who does really good uh good job i'm not gonna really say good things about it bad things about it i'll say look if you're interested in it get it for free right um this is with almost every single yo farm project if it's a yo farming project you can get the token for free right stake x amount of coins get those quite from free i would never spy i would never speculate on that it's way too much speculation for me like i i yeah that's that's my two cents on it um keith evans says nft i'm afraid it's here to stay uh it's a great time to learn and an opportunity worth slash risk worth diversifying into i think so i think so water is great lots of talk so yeah reading the comments i feel like yeah i'm looking at some of the comments reading up there i'm uh yeah i feel like so something we'll do is um i'll do q a so if you guys i want to ask some questions um you know shoot them up here one of the the rules we do want to make for q a section is that um if you want to ask me about something do provide the reason of to as to why um that is something is interesting if you ask i want to ask say something about bow like what specifically are you looking for if you just ask for one of my thoughts on something then i i don't really know what you're looking for and then i'll just fill in with a kind of a generic answer but if you're very specific about like a criteria growing or a big make make make make make a big picture something that it makes a lot of sense for me all right the way i see a lot of things is i look at big picture first and then i take on positions up on it um i kind of look at whether right now something is very hot or not if it's super hot i actually don't take positions so if it's like a if you see a chart or something just going massively up if it did 100x already generally speaking i don't really take positions until the um i'll kind of remember it and when the hype dies down i'll kind of take a position that's generally how my mind operates and generally speaking it's like it works that that strategy works in crypto because when there's a lot of hype when everyone is telling you to buy something very likely they want to sell it to you right i think that's kind of the way crypto has been operating for a long time and in many ways is why on this channel i never say oh my god this is the best thing in the world i'll generally say something that you know something that worked out for me but yet again i i have a lot more caution on that respect because yeah that's that's the unfortunate side about crypto right because um there's a lot of self-interest so i'm going to try to move conversations in this channel away from that direction where it's like oh buy x buy y but more like why is something valuable why something important and i would appreciate um that um that thought so um terry tom brown says do you expect a big bitcoin correction this april i have lots of ramblings about the pie cycle coming top coming soon into a local top perhaps these means are relatively hard to predict i'll be honest um i've seen a lot of kind of analysis and you know 100 page articles on when the minimum or the maximum is going to be but you can definitely tell from a lot of more experienced traders that a lot of people just dollar cost average in and dollar cost average out reason being is because the market can be extremely unpredictable especially at the worst times so people who have been in the space for longer i think the longer someone's been in the space the more of a kind of dollar cost average they are um that's kind of weird but it is the case you expect that the people who have been here the longest they can time things a lot better but it turns out they have more of a realization they can't time everything so i don't really believe april honestly it's going to be where the local minimum is i'm actually looking at june to where uh we're going to peak to be honest um it kind of makes sense if you look at like um let's see the bitcoin rainbow chart is something i kind of look at uh where uh you kind of look at where we're kind of going so we're kind of moving up on the rainbow scale right so if you kind of follow that trajectory here this is a logarithmic um chart right we're kind of moving up um slowly up from uh this is this is um 2020 so this is september so this is where we're at 10k this is at the bottom this is where it's like basically a fire sale for crypto like this is where that there's the least amount of activity people were kind of bored here in fact i would say like the lowest point would be here right that that was like that um march when coronavirus happened people freaked out and this is one at the same time when i was making i was literally saying on this channel yo guys if you look at the big picture here this is this coronavirus thing is going to change how crypto operates because the make the big picture here is really messed up like in terms of politics and all that stuff it's the more screwed up politics is the more it's like um i'm more of a bitcoin season right uh so yeah so i moved up drastically um i definitely expect us to reach the maximum bubble territory so that's my thoughts on this i feel like i feel like this is the way we're setting it up and this is where the cycles have really moved in the past um and we definitely see there's a lot of kind of a lot more interest but the the crazy interest is not there yet maybe for nft space it's starting to get there but the amount of people paying attention to crypto and finally kind of giving in and buying into crypto is increasing so i i definitely see kind of kind of june and july to be where we can kind of shoot up there maybe maybe there could be something in april where like maybe it can drop down and we've seen that before right there were like these like it moves up and then um there are drops along the way that could happen we never really had a major drop like this this entire season right this entire chart like for all the way from 2020 has been pretty much up all the way right um this is unlike other other times we had a rally where there were major dips along the way but this time relatively not so it could be possible that there is a mini kind of um dip in april and i move up towards june july time but that's kind of where i'm looking at i'm not too concerned too much about like um every month i'm more concerned about okay can i um can i move up can bitcoin move up to fifty two thousand dollars right um if that's the maximum bubble tree can we move beyond that that's going to be relatively interesting so brandon systems are halfway there that's kind of crazy um captain crashes what's next coin we should invest so on this channel we never give investment advice i don't think it's wise i definitely do tell you what coins i'm looking into so i think that kind of makes sense but i'll never tell you you should do this because everyone is different right and i think i made this quite clear where everyone's strategies are different and i talked to different groups of people right so um for me i'm looking a lot into all coins because i feel like as of this point right as of this point people are definitely getting a little bit bored of the majors and we definitely see the all queen season coming in perhaps hitting like uh uh perhaps reaching past 75 right so this is the all coin index right so um if it goes low it's uh bitcoin season if it goes high it's all coin season so we're nearing the kind of the peak of all coin season i feel like people are getting a little bit bored like the people who are in this like 24 hours a day they're getting like rapidly born up board of both bitcoin and ethereum and the majors looking at the alts so i definitely see that there's an opportunity for at least for my personal play to um get up to around 80 um like 89 100 for this all coin season and before it dies down um that being said of course i'm very prepared for major falls so if it does happen i'm not affected like i have a a portfolio which is kind of isolated the issue key thing here to remember with a lot of all coins is that all coins speculation is extremely intense like things can go up like double but other things can fall like 90 95 in a day so just be very very careful of that but yeah lots of respects for that um i've been looking a lot at cyber security as you guys probably know so hi i'm happy i've been looking at that i've been looking at the nft market so if you guys probably saw in the past i've been talking a little bit about um wa token a little bit about um refinable chain guardians super farm i've been looking into all these um what's what else recently was good astro tools i'm not sure if it's too early to say this but astro tools is something that i'm also looking into as if with uh um i think leslie was kind of talking about that um last week but astro tools is something i'm looking into because they're doing a lot in terms of the charting the graphing for everything so the the reason why this is kind of interesting is because of the relatively low cap so it's below 10 million dollars and right now if they can kind of prove some form of use case because like right now a lot of people use astro tools right astro tools and dextools are the major ways to get intelligence on how a core um the graph the charts for a coin that's just launched right so if you're into like the newer coins if you're looking into a lot of coins are not listed on exchanges dextools or astro tools are the only ways for you to obtain that data right so that becomes plenty clear and now the kind of key thing that's kind of holding astro tools back is two things right it's a monetization model like how um this functionality of it works if it's just to hold the coin then it doesn't give too much value but if if they have if it develops something with that token that becomes very powerful the technology i think is just rock steady right like it's already being used and also they're showing data that's a lot earlier than competitors i feel like that's also another big benefit to this so anyways um if you're asking for coins that's something that caught my interest a lot recently but this week i'm doing a lot more to be honest um this episode i didn't really plan it to be um like an all coin episode i felt like this episode i'll do the big picture this week um to set the tone for everything going forward and then the remaining episodes will be more in depth about what's going on recently i've done an interview with the guys at eFox as well they're talking about how to make transactions a lot simpler and to give the ability if you send the transaction to the wrong location to the wrong address to retrieve that which is something that people actually would need right but anyway so this is something that's going to come throughout the week so make sure you subscribe to this channel i'm going to do a lot more content and answer questions away especially if you guys are not watching this live leave a comment down below tell me why you're looking into a particular asset or what you are looking for in this space are you looking for low kind of uh low market cap altcoins uh that have a lot of potential or are you looking for you know you don't care about the market cap but you look looking at the fundamentals or like the d5 blue chips a lot of people love that term but yeah um you know i'm adopting it too but um projects that can become fundamental infrastructure in decentralized finance like tell me what you're interested in i'll get there uh with that um dot moonshot says alice is one of the largest crypto and largest entity projects out there but not getting much coverage that is totally not true that is totally not a true um dot it's been like plastered all over binance i think it's got too much coverage to be honest i love their art by the way so yeah if you guys are into alice i mean that was a huge performer so congrats to everyone who are into that um um lucas y says did i ever take a position alliance block so no um it is something very attractive this is very something very interesting but i did not manage to take a position i don't always take up positions i was a little bit concerned i think that they're super cool like i talked to the team they're super super awesome but um what what kind of what's concerning was the investor unlock schedule on that one so sometimes i do research and sometimes i don't take up a particular position uh but yeah that just doesn't look too bad right now to be honest i was initially afraid because when i was talking to the most i was near this explosive growth and i was like you know what i'm interested i'm interested i love talking to you guys but yet again i'm a little bit afraid of taking a position at this all-time high right like i want to support you guys but um with unlocks coming up i'm afraid of course the earlier um investors were going to take a lot of profit which will cause a potential dump so and again different considerations etc etc so that's my personal consideration yeah uh just to say this is this is not a channel that gives you financial advice this this isn't it doesn't make sense for me to do that at all right but i think it makes a lot more sense to journey um to document a little bit of my journey and my rationale behind a lot of what how i approach a topic so just being frank and honest about how i approach everything i think that makes a lot of sense um on this channel and it actually provides information right so um last bit of thing here right last bit um maybe for inspiration i feel like something that's relatively important is not just financial advice but for everyone to plan their strategy that's suitable for them right and the other thing i find that i kind of gripe about is um this is my rant of the day but so recently i've been seeing a lot of posts on both covid on masks on vaccines and the first thing i will ever do all right is not to reply but to delete them and unfriend anyone who really excessively posts that this is very important because if you're looking on your journey to success you cannot get distracted by politics the worst part about politics is that it takes an endless amount of time and you're not going to convince anyone of your views all right i think that's pretty much fundamentally established at this current point people who are going to take the vaccine they're going to take the vaccine if people aren't going to take the vaccine they're not going to get convinced by you talking to them same thing goes with like what covid is wearing masks everyone has already taken a position this thing has gone on long enough already and does not need any more discussions and this is something i found with people who perform outperform the market they do not waste their time on like trying to like wrestle with politics or whatnot they focus on what is going to be coming up next they come they focus on what they are strong at and double down on their strengths so whether it is they are very good traders they'll double down and just keep on training or the good at markets identifying new projects early they'll double down on that or they're good at maybe like exchange bots and i know a lot of traders who are good at that too where they make some of the top performing bots that would take opportunity but the key thing to remember here is that crypto is full and just like overflowing with opportunity right now and it's your responsibility to take it because the last thing that i want to see is the last thing i want to see here is that i experienced the biggest growth right this giant leap right not just bitcoin but with decentralized finance i'm in the middle of it and i don't want to be growing old one day and say hahaha i was there but i didn't make any money because i was complaining about mask politics like that is the dumbest stuff you'll ever see in a day so that's my rant of the day i think if you guys take anything from this you know i've this is this is one of the biggest like i don't give financial advice but this is life pro tips okay this is life advice right if there is anything that you get riled up in you get you spend your time you get super triggered take a deep breath make some money first and then in the future if you really care about that cause pay someone else to do it because they they'll probably do it for free for relatively cheap you know like that's the way the world works right and you can definitely see that coming into play like all these like flat earthers or like anti-vaxxers or what not you know they probably have some a little bit of money backing them they're all paid shows anyways um and it's much more effective that way right instead of making the impact yourself you make the money first and then hire someone else to do it i mean just think about this right i don't i don't ever worship people here i always take inspiration from them and kind of modify my strategy i mean think about sam backman freed right so a lot of people know that i revere that guy quite a lot but never like not worship but i definitely see a lot of the traits that he has he made literally 10 billion dollars in last three years right if um you know if you if you want to establish a certain cause you can donate one percent of that wealth that'll be like a hundred million dollars and um they can spread that way but anyways that's my rant of the day so if you guys are interested i definitely feel like um definitely um um yeah my thoughts are you know be aggressive right now learn always make make yourself better and learn from people who are good and then take some traits that they are they're good at and see if you can adopt it or you can beat them at it because if you can out beat one of the top traders in this space um you're gonna be in for a hell lot of money but anyways um that's my that's my two um that's my two cents that's the last you'll hear about me talking about politics or covet or vaccines or anything i feel like those things are pretty well established here that's my rant of the day like like or hate it whatever give me give me a thumbs up if you agree with that give me a thumbs up if you don't agree with that because i don't care right um you know go go go have fun go be smart and um that's pretty much it um last thing as well last thing as well so um i i did promise i'll talk about farms at this current point and it is quite strong right now the the farming scene uh so i'll relay a little bit of experience on farming so farming is a situation um how do i quickly describe this so yield farming is something that i very actively participate uh participate in i have deployed capital on pretty much at the same time like say like five to six major farms to get a return on my money right so instead of having my money sit there i deploy that capital to be used in you know yield farming or for these yield farms to deploy that elsewhere right that's capital efficiency so yes i'm a very big farmer and a big miner now um a few things to talk about the farming scene that has changed substantially so i think there was a period where there was like some crazy ass farming on binance smart chain offering insane yields um those i think those ultra insane yield days are over where you get a thousand percent annual percentage yield or maybe like say three percent per day right these days i think are almost over but um this is where a bigger focus is on the solid one so um i kind of saw that craze coming and i was very glad that i was able to farm a lot of the coins like egg like viking like um maybe like ufo taco all these weird ones um alpaca um and they were profitable because i didn't i didn't i didn't speculate on the underlying asset i just farmed it took the free food call it a day the same thing goes with bao right bao yet again is one of those coins i farmed i love it um but i got it for free because i farmed it and that's a key difference a lot of people who speculate they can either um they can it can either go if they speculate and buy the underlying asset like the bao or whatnot it can go up it can go down but you don't get it for free the key point about farming is you get it for free right so anyways that that's been very profitable but these days um as we're closing towards the kind of a mid of the farming season there is a lot more scams going on which means that it's a lot more dangerous right now so i've been a lot more defensive on the farming front i've been a lot more skeptical on the farming front so that's kind of something that's i've seen two cycles of this it's something that i kind of i trigger the skepticism very early so at this current point yes i am still farming but i'm farming a lot more of the kind of like the um a lot less profitable ones ironically like say for example um something like wing is actually good like i've been in wing since last december and it's right now doing a hundred all my videos gone uh blackout okay hanging there guys i'm getting new videos so out of batteries on this current battery right now so i lost my video feed but uh so yeah this is a battery out it's always an hour so you guys probably know like one of these batteries lasts an hour for this so i'm running over an hour but anyways that's kind of my thoughts on farming like right now um i was talking to william so thank you william for prior fighting alpha um we're looking at float and a float was quite unfortunate because the yields this round was super low right um you're looking at 50 to 60 percent yields but you know if it's if it's safer why not right so that's kind of my take right now where i'm a lot more okay with lower yields say something like 20 yield on my swissborg app i think that's still pretty good a lot better than banks um yeah float seems to be okay um wing is actually quite good i think wing is a hundred percent but you need to migrate your assets over to ontology um and that's my current takeout i'll do a more detailed version of this i feel like this is way too hard like i know i promised to talk about this which at the start which is why i'm trying to deliver as much information now but yeah i feel like i'm i'm being a lot more defensive these days on yield farming but i'm still doing it if you guys are interested um into some of the stuff um anyway we've got a lot of questions your thoughts on polka city i have no thoughts on that viper swap um no thoughts on that um so yeah guys um stone d5 seems to be pretty cool doing cross like there's some super farming opportunities opportunities there we got kichiji islands is spf shut down the stream spf op man all right guys i think that's pretty much it i know it passed an hour um for this thank you guys so much for watching out of this um yeah guys more stuff coming doing a lot more interviews i'm actually doing an interview with polygon today so uh matic polygon i think i'm super primed and excited for that because that guy knows the stuff and we're gonna ask some tricky questions on that too as it's coming up so we're gonna make a video for that this week i'm pretty plenty excited for this week so yeah guys make sure you subscribe to this channel make sure you smash the likes if you like to share if you like this video obviously share this channel it really does help more than you will ever know um like for sure so guys thank you guys um i'm definitely pumped for unisov v3 alex alex asked if i'm pumped for at unisov v3 i am super uh pumped for that i am super exciting um george goosin says hacks this weekend include turtle decks yes turtle decks seem to uphold a rug um on everything luckily i wasn't there yet again this is why um i'm kind of at a point where i'm seeing all the new stuff pop up and then they just die a few days later i'm like glad i'm not in there so yeah so i'm a lot more defensive when i'm mining now uh or not my i'm yield farming now but that's kind of the case um why not so yeah anyways guys thank you guys so much um uh colossal access how uh how to get how to get ico's like we used to get in 2017 these ideals are hard to get as it's all about luck and even in iel like sfb if you go for 500 they distribute worth only five dollars yes i definitely see right now it's a lot harder to get into new projects it's actually becoming a relatively big problem the reason why is because um in 2021 the raises are much smaller for each project which is actually makes sense right like a project doesn't need 21 million dollars to grow when it's just like three people but having a million dollars okay you can still kind of justify that in a way right so now the raises are a lot smaller this is why a lot of these launch pads are very very small quantity of tokens being released and uh yeah if you look at a lot of people don't get a lot so if you look at duck starter um there's a lot there's a lot more projects but a lot less raise for each project going on say for example um they're doing cash tech impulse um e-fox cook uh lots coming up so there's a lot more coming up um but a lot less raise for each project if you guys know what i mean so i guess the the that's the current kind of um take on everything that's coming on on everything here so title coming up in a day shift network coming up on martial convergence also coming up so yeah the raises are small like 150k you definitely don't see these like kind of public raises of like 10 million dollars or something crazy like that but yeah it's a different different scene going going on anyways guys uh thank you guys so much for um uh i like bernard's comment i would leave a comment but that darn fake keeps giving me that phone number i hope no one falls for that so guys guys guys um i do have to warn you guys too i know in the comment section there's a fake box mining posting out this ridiculous whatsapp number do not contact that person that person is a fake scammer i've been like trying to like tear my like um hair out trying to figure out how to block these scammers guys do not fall for that um please please please um these guys just keep making new accounts they name themselves box mining they don't have the little check next to my name but a lot of people just see the name they see the logo and they just go for it it's it's a youtube thing youtube is like super screwed up for that so guys the only real boxing is my one and it does have a little check next to them that means it's verified by youtube everything else is a scam they just like copy the name and youtube allows that for some stupid reason because youtube right but anyways guys um stay away from scammers guys thank you guys so much about um on here stay tuned the next live stream the next scheduled live stream is gonna be on friday so i'll see you guys then but they will uh there's a chance i'll probably do some throughout this week as well so if you guys are interested in the one on friday um yep it's gonna come up very very soon up here uh the friday live stream coming up set a reminder i'll send the link on and i'll see you guys there and with that guys thank you guys so much for watching peace out tell you a little bit about everything that's happening in the box mining ecosystem first and foremost if you guys like listening to all that's happening in crypto on the go then i would highly recommend you checking out the box mining bitcoin out of the box podcast and the reason why it's called bitcoin out of box is because we have long interview segments very much exploring the detail of the newest and latest of what's going on in this whole cryptocurrency space whole idea of it is to bridge that gap between knowledge privileged institutional investors and the rest of us here in this space now with the podcast it's on everything so it's on apple podcast it's on google podcast it's on spotify just search anywhere bitcoin out of the box so just add that onto a playlist and let's just follow the new 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amounts of trends that we see and i have to give a big thank you for claudio our community member for doing this it's just been phenomenal definitely want to give you a shout out there claudio as well for that and taking us to the end of the live stream so make sure number one you click like and subscribe on this video because it really does help this channel and then of course check out the podcast it's one of the best ways to know a little bit more to extend that knowledge especially in your spare time and then of course check out the newsletter if you're um you know if you want those updates and summaries and trends newsletter is the place for you and with that guys thank you so much for watching this video i really hope you have a good one see you in the next video you 15 Thank you.