What is going on my people welcome back to another video, so today was a pretty solid day in the crypto market. Although bitcoin was down 12 in the last week since the flash crash over the weekend, we are slowly seeing a recovery at the price of 54 000 right now, ethereum's been having a blast and we saw it break new all-time highs today, outperforming bitcoin. If you paid attention to yesterday's video and acted on my non-financial advice, you would be up over 10 on your investment in a single day. To put that in perspective, most conservative old-school traders have a celebration if they make a 10 return at the end of the year.

So, if you're watching this video, now you are in good hands and i just want to say: congratulations because you're actively trying to better your financial life and make some real generational wealth by watching these type of videos. This channel is all about helping you make more money. Staying informed and my goal by the end of this year is to hopefully make some millionaires, or at least get some people out of debt or make some decent amount of money from all this cool, free content and all the tools we got at our disposal. So for this video we're going to be discussing a few very important things.

First, we're going to talk about bitcoin and ethereum and strategies involving what you should do. Should you buy now price target and exit plans? We're then going to discuss some current news about the state of crypto and how u.s regulators may try to step in to slow this beautiful bull run down and what you should be doing next. Lastly, guys i know a lot of you have been asking me brian. What are your thoughts on dogecoin and brian? What are your thoughts on safe moon? So uh i've been very quiet about those two coins uh, but i feel like so many people keep asking me that i need to state my opinion on it.

So i'll be talking to you guys and sharing with you what that is towards the end of the video. Now, before we get started just a couple reminders like the usual, there are a ton of filthy little scammers in the comment section they've been tricking, a ton of my subscribers for their money, don't ever message that whatsapp number. Second, i'm not a financial advisor. I just want people to win.

Don't forget to hit that like button. If you appreciate the research and work that goes behind the scenes for these videos, because they do take a lot of time and subscribe to this channel, if you don't want to miss out on this pretty historical moment in the crypto and investing world now, one more Thing i got a sick deal for you if you aren't protecting yourself with a virtual private network, also known as a vpn. This is the first thing that you should be doing. I've personally been using shark for this entire year.

Since i had my entire identity stolen. You can check out my story time, video at the end of this video i'll have a little card that pops up. If you want to learn more about that, but this deal right here gives you 83 off and three months free, it's the best one to possibly exist on the market right now you can get access to a vpn to protect yourself. So nobody ends up hacking.

You stealing your data or even anything, related to crypto all right guys. So let's get started with this video hop into my computer and show you exactly what we're dealing with in today's video all right so to cover what we mentioned earlier in this video bitcoin is down right now: 13.55 they're at 54. 000. If we click on this and do a little bit of chart reading we'll notice the pullback that has happened within the last week, so here we are from our all-time high of 63 000.

Earlier this week we had the flash crash pulled us down and right now it looks like we are trading a little sideways. So what should we do as an investor right now? Many new investors would see this type of graph freak out and sell off of emotions, and i'm gon na share with you why this may be a good buying opportunity for a coin like bitcoin, so the price of bitcoin declined below 60 000 on april 17th. After a strong rally throughout the past week, in anticipation of the coin base public listing on the nasdaq, so as most you guys know, coinbase was listed on the stock exchange and since then it has had a pretty disappointing run. I feel bad for anyone invested into it.

Like me, i feel bad for myself. There are many experts that are speculating that, because of the ipo not doing as well as many people expected it to. That is the reason why bitcoin isn't performing as well. In one of my last videos, i talked about all of the reasons behind why bitcoin may be going down, and it's not just because of one or two things.

It's because there's a wide variety of different issues going on in the world right now and then there was a catalyst which we talked about with binance and over leverage new traders. If you haven't watched that video make sure you guys check that out as well. So as we continue to scroll down in this article, it states coinbase's public listing brought significant attention to the cryptocurrency market. It marked the first public listing of a major cryptocurrency exchange leading to high institutional demand.

As a result, the cryptocurrency market rallied, leading up to the listing with bitcoin price, hitting new all-time highs above sixty four thousand dollars, however, was almost expect to see a bitcoin ether drop after the fact, considering the tendency of cryptocurrencies to sell off after a major event Scrolling down it says at the same time, cryptocurrency traders are mixed regarding where bitcoin will go with its new weekly candle, for instance, cantor and clark, a popular cryptocurrency derivatives trader said that the market isn't necessarily bullish or bearish based on options. Data data instead clark noted that the options market trends show that bitcoin would likely see a sideways action, which would mean consolidation at around 60 000. He wrote 50k and 80k strikes highest contract notional for bitcoin. I think these writers will be happy and i'm still, in the same opinion, that the end of april to may begins a shift that makes bitcoin a less favorable long, no breakout just range and rotation.

In the long term. Traders are still optimistic about bitcoin, a pseudonymous trader, known as cryptocapo noted that, based on historical trends, bitcoin has broken out of a range that goes back to a thousand days. The trader emphasized now some bitcoin at technical analysis. Bitcoin has broken out of an accumulation range of over 1 000 days.

This usually results in long extensions. Currently, the increase over the previous all-time high is only 200, so this article right here really focuses more on the chart patterns or the technical aspect of why bitcoin may be trading sideways. Here's what i believe there are still many more reasons outside of just the technical standpoint in order to get that prediction of where bitcoin could be headed. So here's what you need to know support levels in a bearish case.

This is pretty much a alternative situation to what we would see when the market starts to go back down. So there are two major price supports to look out for the first one is around 51 325 dollars, which could be a support level where whales most recently acquired a high volume of bitcoin. The second price support level is the network value to transactions or the nvt, which is currently hundred at 47 dollars and is a major price support level in bitcoin, bull markets. If the market price were to fall significantly below the nvt price, without a quick recovery within a few days, a detailed analysis of the demand side would be needed to judge if the market's bullish structure has been broken.

Now, on the demand side, the capital flow still looks healthy enough volume is still willing to pay current prices, while whales have ramped up their buying again. Current price action is still above the nvt price, which suggests that current price fluctuations are still within the expected bullish territory. Now going back to what i mentioned earlier in this video, i also wanted to touch upon some more fundamental news talking about regulation suppressing crypto, so this is actually really really good news right here. The title of this article states ex-u.s regulator, fears of regulation, suppressing crypto, have gone away.

The former acting head of the occ brian books, great name by the way, has hinted that the crypto regulation storm may have passed, claiming that the size of the industry means government and regulators will no longer be able to stamp it down. Now that we're in a two trillion dollar market cap in crypto, i think the fear that regulations will somehow vanish or suppress. This has gone away. It's too late for that brooks who is due to take over as a ceo of binance, said in a televised interview with cnn.

But he added that applying traditional banking solutions to the sphere would result in failure stating that money laundering risks and terrorism needed to be met with blockchain native solutions. So i completely agree right here. Instead of trying to bring in u.s regulators to combat something as decentralized as cryptocurrency, what we need are solutions within cryptocurrency itself in order to regulate everything going on with, i would say, the terror i don't even like using that word yeah. I don't like using that word because i feel like youtube's going to demonetize me.

If you want to check out the full interview, it is posted on twitter, it's about eight full minutes long and they do go into some. Very good topics did something turn off. My bad just saw something in the corner of my eye going away yeah. So this article brings up a couple good points that i wanted to talk about.

First, in terms of overall crypto regulation, so even outside the us, you know what we could even bring it in the u.s. There are some states like new york, where people cannot access certain exchanges due to these regulations. Now, if we look at other countries like south korea, the home country right now, i'm seeing more and more articles of other international countries who are getting regulations with crypto and not being able to purchase it when they want for south korean officials. The insistence on real name crypto trading accounts is part of efforts to combat money laundering via cryptocurrencies.

This rule requires exchanges to obtain and renew certain license approvals from lenders in the country by partnering, with local banks and requiring real name trading accounts. South korean regulatory and law enforcement agencies can have access to crypto transaction data for their investigative purposes. Crypto businesses in the country must abide by strict financial reporting standards following the new laws. The korea, financial intelligence unit and arm of south korea's financial service commissions responsible for anti-money laundering oversight across the country's financial sector will police the activities of cryptocurrency businesses.

So this is just one example of other countries really taking it into their own hands and trying to regulate things like money laundering or using cryptocurrency for illicit illegal activities and trying to really just take the ball into their court. Now there are a lot of dangers to this, and if i were to compare this to any other analogy, i would think of things like gun laws, where individuals who want to carry their freedom of owning guns may not be able to because of regulations. And it's always going to be this debate and i feel like it's going to be very interesting to see where the direction of the entire cryptocurrency market heads in the next few years. Because it's a battle of regulation, stability and trying to make sure that people are still safe.

It's tough, because the whole point of cryptocurrency is that it's not supposed to be controlled by any regulations or governments. So let me know what you guys think there are other countries handling this much more different than we are in the us, but this will definitely play into the price of what we see with bitcoin and overall affect how much money we make for me personally. I believe that there shouldn't be any type of strict regulations like this. I don't agree with south korea and what they're trying to do.

I understand why they're trying to do it but seriously when it comes to cryptocurrency and other countries really trying to just take event and control it before it gets too big. It's just something that i don't agree with now. I also did want to touch up a little bit more on ethereum and where we are at with that right now guys i mentioned in one of my last videos that there were a lot of big ethereum purchases coming from wales. I'm gon na recommend a resource to you.

It's called whale alert. They also have a twitter page that i follow. I keep up with their homepage just to see some of the transactional data because of the way blockchain works and because all this is on a public ledger that we have access to that we can read. Whaler literally gives people alerts that wales take in terms of big crypto purchases.

So it helps a lot when you're trying to see what they're buying up during this time. But if you really aren't confident in yourself as an investor - and you want to follow people who have been in the industry with much more skin in the game, it's just one of the easy ways that you can pick up as a strategy. In terms of being a successful trader, alright, so for this section of the video, let's talk more about entrance and exit strategy with cryptocurrency. So here's what i got okay for me as a trader.

I actually have multiple different exchanges and platforms that i use with individual trading profiles. What this means is, there are some people who love being conservative. There are some people who huddle forever: they don't make a single move and i actually have that part of an investment portfolio. So an example of that is going to be the crypto that i have on my cold storage away from these exchanges.

I don't actively trade. This amount i tuck it away. I keep it whatever happens in the market, it's staying where it is now i'll have different portfolios like an altcoin portfolio, a day trading portfolio or even a swing trading portfolio where i can become different types of investors depending on what season we're in now, as a Newer investor, you don't need to be doing all of that, and i'm gon na say right here. The easiest thing that you can do, which may result even in more profit than any day trader out here, is to just hold on forget about it and continue to average into your investment.

For the most part. We know that bitcoin and the overall cryptocurrency market is still in this bull run and we are not looking to stop anytime soon. I do believe that we are going to come to an end at some point, but right now we are still hovering at the 53. 000 mark and nowhere near the top of what this potentially could be.

So let me give you guys some of my best non-financial advice right here as a trader that has saved me thousands and thousands of dollars. You want to trade when the market is consolidating you're, not blindly trading on emotions and you're able to have that proper entrance and exit strategy on what you want to do. So many people are asking me brian. What should i do? Should i just try to time the market? Is this a good time to go in timing? The market is never going to be a good idea, but if you really feel confident, that's a skill that you have, i would say, do it just don't be putting your entire life savings put, maybe 50 or 100 to see how you could do or even open Up a paper trading account to see hypothetically how you would perform and then go off of that type of investment strategy you have.

I would recommend for most of my new beginners, though, to dollar cost average into any investment. If we take a step back and look at bitcoin and realize the price is still projecting up forward, what you can do is just dollar cost average and follow the linear path of the market. If bitcoin happens to go up high one day and you buy in, but then the next day it corrects and the next day after that, it goes down even lower. If you continue to buy the average of that, you still will find yourself not hurting as bad as someone who might have bought at the complete top of that cycle.

So in order to dollar cost average, it's really simple: choose whatever amount you want to invest. It could be 10, 20, 100 or a thousand dollars, and then you can choose how consistently that gets put into your account. So it can be every week every day, every month do this on a consistent basis. While we are in the bull run right now, and the most important thing is not timing, the market in, i believe it's exiting the market, knowing what to do so.

This is a question that i'm getting from a ton of people brian. What should i do when? Is it a good time to exit the market? I'm scared right now i made my profit. Should i be leaving so there's a couple strategies that i wanted to share with you in this video, so make sure you guys really pay attention to this part right here when it comes to exit strategies? A few things i'm going to recommend is this one is to play with house money. So let me explain this say you're going to play blackjack or poker, and you have an initial investment of 500.

You pull up to the table with 500 immediately. Off that first hand, you make double that amount. You made, you have a thousand dollars now in your pool, you made 500 back. What you can do is take your initial investment out.

Pull that 500 amount off the table. Put those coins in your pocket, don't use them and just trade with that 500. You want that way. You take away any of the risk from losing your money, because it's not your own investment anymore and what you can do is just play off the house money.

So you could actually do this on a fundamental standpoint with investments. A lot of people do this and find success. Now. The downside to this is that, because you're losing that buying power, you don't get the benefit of a higher reward, but you almost reduce that risk to zero.

If you take your initial investment out to get to this stage, you do have to be invested into cryptocurrency. I recommend dollar cost averaging in making some type of return, and when you decide hey, i'm good with this profit and make sure you decide, write it down somewhere. Have it in your head i'll be happy if i make a thousand dollars i'll be happy. If i double my money - and if i don't then this is what i'm gon na start doing, i'm gon na start pulling my investment out.

You need to have a strategy before you enter, so you don't get burned and end up holding the bag. So upon exiting that is one strategy right there, it's powerful, it works. Many investors do it now. Another thing that you can do is the dollar cost average your investment out, so just like you, average in average out the way i think about it is this i don't know kool-aid man comes to my head.

Imagine him walking into a house. He walks in very slowly averaging in he's not running in there when you are exiting when you're exiting your position, when you are selling your bitcoin off and then cashing out this profit, it is okay to exit the same way. You entered it's okay to exit very slowly. If that is what you're comfortable with you, don't have to be like the kool-aid man in the commercials busting through walls and thinking, okay, i'ma land safely on the other side, in a meadow of flowers where you could be exiting really hard and ends up being just An ocean filled with cold water and sharks.

Now guys. I know i mentioned at the beginning of this video that um, i'm gon na talk a little bit about doge, so i have about a hundred dollars in doge i'll, throw a screenshot up here. I'm not really concerned about that money only because it was 100 bucks from like the whole amc live stream moment that i was just like all right, guys i'll throw some money into doge, i'm not planning on entering any more additional positions into doge. I understand the whole idea behind it, but as a trade and investment, i just don't think it's a good idea.

I just don't see the real value behind it, but hey. I got a little bit of money in there, so if it does happen to go to whatever a dollar, then you know i'll still be a part of that action. But i'm not looking to risk all of my money in order to make that type of significant potential reward back. So if you're, one of those people who are getting fomo from things like doge just do what i did put such a little amount of money where you have skin in the game.

But it's not going to hurt you whether it goes up or down and if it does go up, it'll be just a nice little treat for to me. I think it was like 200 and then about a year or so or two years ago i was so skeptical about it that i put in, i think, a dollar into it, so that dollar is worth a lot more now, that's as much as i'm gon na Do as a personal investor into a dogecoin, now i've seen safe moon everywhere, not only in the comments of my videos, but i've been seeing it on tick. Tock on twitter, safe moon has been everywhere, so i'm not gon na talk about it more detailed in this video. I still have my thoughts on safe moon, whether it's good or bad.

I'm not comfortable. Yet talking about that on my channel just because i'm trying to be very careful and see if it's an actual legitimate project - and it's not just going to be a poop coin, where people get dumped on. If i research and look into any cryptocurrency to end up. Potentially talking about my youtube channel, i always outweigh the risk and want to make sure that people don't get burned, and this is why i don't talk about some super super slow capped coins on this channel, because if they have the potential going to zero and someone Ended up looking into it because of me and doing whatever they decided to do.

It's just not worth a liability for me to have that. But if i am very certain - and i think it's going to continue to go up - that's when i will mention something like that on my channel, but i'm always looking out for my newer investors first and i just want to be careful about some of the coins That i talk about so, if you enjoyed this video, don't forget to pick up two free stocks with weibull link down below in the description. One could be valued up to eighteen hundred dollars, sign up for gemini and earn up to seven percent apy on your crypto and, lastly, stay protected from the internet by using a vpn. You get three months: free and 83 off with surf sarc surf shark with surfshark.com, using my link down below now.

If you want to stay more connected with me, i have my instagram and my twitter link down below where i post multiple times throughout the day. Thank you all so much again for watching the support on these videos have been absolutely crazy. I'll continue to post some awesome fire bangers for you guys and hopefully you're learning a lot. So we will continue to get smarter, we'll continue to make money subscribe to this channel.

Make sure you guys do that 80 of my viewers are not subscribed right now. It's crazy so subscribe turn on that bell notification and comment down the secret word for this video. What are we gon na say? Let's do rocket, okay comment down rocket if you're watching this video all the way till the end - and i know that you made it this far and the ones that do common rocket y'all are a real one. I love y'all, hey yo, what is going on youtube uh, we'll just roll with that.

What's going on, y'all welcome back to another video.