Youtube long time no see how y'all been okay, so we got a lot of news to cover in today's video amc is popping off. The crypto market is having a little bit of recovery. We're going to talk about what that means. We're going to be going through.

Some inflow outflow data and some reports and what it all means to show you exactly what to expect for this pop in all coin season. If you are new to the channel, welcome, if you guys are returning viewer, welcome to the change of venue, only only my real ones may know that uh, hopefully y'all have been doing well. Hopefully, y'all been hanging out in there because i know it's been a very volatile market and i know it's definitely been very troublesome indeed. So.

Thank you guys for tuning by another video today is wednesday new start to the week in maryland, we got some sun today. It's been raining all week. The weather hasn't been that nice, but you know with good weather. Hopefully a good market comes by too, so we got a lot of things to cover in this video.

Let me take a look at the chat, real quick if you're watching this as a replay. What's going on you guys and if you're watching this live right now i haven't figured out a live stream schedule, yet i just happen to go live whenever you know whenever something stirs and something crazy happens, whether my people need me or whether we have some decent Good news, so that's what we got right now we got a thousand people in here, go ahead and smash that, like button, if you are future future viewer, hello, go ahead and smash that like button right now too, i appreciate that before we get started sure shark Link down below in the description 83 off three months free and we're giving away 12 months of free membership. I just got to sign this little contract thing. They got me doing a little contract thing guys so stay tuned for that.

If you really, if your pockets have been heard in like mine, has from the crypto market - and you can't even afford the what is it like two to three dollars a month for surf shark for internet product protection, production production for internet production go ahead and check That out link down below in the description other than that you guys, let's just get right into the video. So i know this is a crypto channel. First and also, let me know if you all, like this little background. Okay, i love i'm so proud of this background.

I found it on google and it changes color, as the sun in real life goes down. That's a flex right there, all right, so the market has definitely been hurting um the past week or so. But today it's up, it was up seven percent. It was up five percent.

Now it's up three percent. That's why brian young has got to do these live streams. Every time i post a new video or do a new live stream. The price seems to go up in the overall market, so there's a lot that we need to cover right now.

Uh, i did want to talk about amc because she ate chat. Could i get a she in the chat ice in the veins 19, who called it? So if you guys are part of the inner circle, you guys know let's go into. This is all private information close your eyes, don't be looking at this. This is just from my paid members only, but i actually did post in the stock trades a little while ago got my boy trey right here.

An amazing guy who's been holding the amc community, strong uh, and i actually put it up in here so uh back on may 5th for inner circle. Community members, we talked about the bounce. We talked about how this was not an opportunity to ignore and guess what? If you entered at nine dollars right now, you would have you would have sheeshed your investment. That's what we're going to say.

You would have sheesh the crap out of your investment and here's what we got right now. I put in my average cost 7.61 before everyone heard about amc and before i got caught on by wall street, i was doing a little jungy jung with a few of my boys and uh, i invested into this at around three to four dollars. That's what i initially went into so my average cost went up a lot because i kept dollar cost averaging into this, so i could make more exponential gains but check this out. In the last few days i would say approximately major, like last 48 hours, 24 hours.

My initial investment is now up 30 thousand dollars, it's up 148. So, although we're talking about crypto, here's something i really need to emphasize in order for you guys to make money, so pay attention right here, we're going to get a transition or flow of money through other crypto to stock markets, and it's very easy to predict this. Now it's not easy to predict when to time the market, but i believe when you're staying up to date with social media you're watching videos like this at least i'll, give you i'll give you all the alerts on what you need to know. For the most part, this was safe for my inner circle members, but i'll try to give like a little bit of hints for my outer circle, members all right so for my outer belly button friends.

So here here's what you really need to know. Dogecoin right dogecoin was popping a little while ago. Dogecoin was doing out of the world when elon musk was talking about it. The snl - and this is an analogy i made a little earlier, so i used to be all about marketing right.

I used to spend. I used to spend six figures in facebook ads and in a result of that, first of all, my pockets hurt, but second of all i was able to learn a lot from first-hand experience. I remember i was assigned facebook ad specialist from facebook to to try and help me, but what ended up usually happening was me trying to teach them exactly what they were supposed to know. It was wack, and i remember back in the day when i used to drop ship like four years ago, there weren't that many youtubers on it the facebook guides on there.

They were all so basic. So i remember learning all about this: the cpa, the look-alike audience retargeting ads. What a viable roast is everything about it. So the reason why i bring this up is because say i got this jar of honey right here this this eaten jar of honey.

If i went to a random person up the street say i saw a random dude, maybe kind of look like me and i said: what's up drying bung, what's up man you trying to buy some honey he's, never seen me before chances are he's gon na say No, that's what we consider cold traffic they're, not warmed up they've, never heard of me! They've never seen this before, but say he's seen me around and i advertise to him. Like five ten times say he's heard about this organic honey jar right here and um. He has told you know his friends have told him about it. His mother told him about it and he saw some ads on.

He got some instagram stories of it and then i approached him and i'm like hey here's, this jar of honey right here. Do you want to buy it by then we consider him warmed up right, he's heard about it. We took a little bit of the pain points out. He has reassurance - and i tell him like look this.

This show here stops hiccups. What what happens if you get hiccups and you're in a serious business meeting, you know what are you gon na do honey, so the reason why i bring up this analogy right here is because dogecoin and other cryptocurrencies work in a similar fashion alongside amc or anything That has anything that gets social traction behind it in order to improve the value due to the simple principles and economics of supply and demand, which are really the establishing factors. That'll drive the price up when it came to dogecoin, everyone had heard about it after snl. We were all disappointed.

It didn't do that well, but every it seemed like everyone's co-workers everywhere on twitter, social media, instagram, you're, hearing about dogecoin, so the whole world right now, i would say, is warmed up to dogecoin it's much better than it was before when it was completely cold. Not many people knew about it and people really considered it as a joke now, although it is still a meme coin, elon musk, just as an example, is hyping it up he's talking about the network upgrades he's talking about putting a lot of initiatives in place to Make dogecoin seem much less of a meme coin than what it really is and make it more viable and maybe even a store of value to other extremists. But for the most part, people are trying to consider it. A peer-to-peer cryptocurrency that you can still use to transact with other people that you know so the whole reason i bring this up right now with dogecoin.

As an example, let's go into the crypto market price dogecoin's still at 34 cents. It was a little red earlier today. It's almost up one percent right now, it's still at 34 cents. I do need to mention this.

I did enter doge almost near the bottom before we started to hit that whole snl cycle at around 27 cents. Right now. I think doge is a good buying opportunity and i would never say this, and this is not financial advice, but i would consider adding a small portion of your investment into doge if it does go near the 25 cent to 20 cent range, because that is a Steal and the reason why i say this alongside all the other cryptocurrencies which we are going to cover we're going to talk about v chain, cardano, polygon, polka, dots, stay tuned for all that, because we'll be going over everything you need to know uh, i i do Want to talk about a little bit of this, because, while amc is going crazy right now and parabolic, the flow of retail investor money that gets invested is going to move eventually back into the other meme cryptocurrencies. Now because crypto is in the fear index of still 22., it's still doing as bad as it was yesterday and the week before that we're still seeing a little bit of improvement in the greed scale right here.

So let me bring up man. I should have been screen recording this whole time, so we got the greed index right here right. The the cryptocurrency market is still not doing too well. It's 22.

22 23 across the board. Dogecoin right here is doing 34 cents right now, once amc, okay, once whatever happens with amc, if people start to squeeze it, imagine what people are going to do next, do you think everyone's going to go out and buy a lambo immediately, no way jose people are Going to be smart about it, people are going to reinvest because people are always going to want to make more money. So what i believe is going to happen is, after amc, after gme we're gon na see a cycle of money back into either meme coins or the cryptocurrency market. The whole thing is, we need a win, we need.

One win. Amc has been chilling for months. I've had my initial investment here: seven dollars 61 cents and now i'm up 30 thousand dollars 151 percent. Today this money that i have as a retail investor for someone who's waited this long.

I know i'm not gon na go out there and just blow my money. Okay, i'm not gon na buy something stupid with this. I'm gon na reinvest it and make sure that people in my life are taken care of, because, although thirty thousand dollars in in a single day would be nice right now in profit like i could depo, i could get this 50 grand. I could go shopping.

I got bigger plans, i want to pay off my parents mortgage, my grandparents are old as hell and they still working and they still can't retire. So it's you know, you got to think broader and i'm not going to be pushing and telling all y'all like you got to do this for your parents. You got to do you got to treat your mother's like i'm, not going to i'm not going to preach that right here that that's outside this is a crypto channel. You know i love making sure people are taken care of, and i love the respect that we can share for elders and people in your family in your life.

All must say is this in terms of the general cycle of money right now, amc is going crazy. The volume has been absolutely insane since the start of today. Let's go down, let's go down average volume, 147 volume today so far, it's 11 40 a.m, 162 million, and if we go into stock, twits you're gon na notice something extremely crazy too. The sentiment and the volume has increased when i checked this morning about 15 20 percent, so amc the reason - and it's very important to see this because it's the flow of money you want to prepare.

What are people going to do? People right now actually are thinking about cashing out their cryptocurrencies in order to put it into these meme stocks. That's not something i would consider doing, and i know a lot of you guys are going to ask me: is it too late to put your money into amc i'll share with you guys in just a few minutes exactly what you need to do after this ad? Just kidding there's no ad: this is a live stream. Um. Okay, amc, 19 message: volume of 13.85 percent.

Look at this gme 48. I got a piece of dust on my nose. That's satisfying! Ah gme is up 14 at 240. This is another position that i've been swing: training while amc i've been holding long since uh since, before everything started going crazy.

All right, uh sentiment is up. Uh gme. It looks like it's getting a little bit of an amplified, uh just a performance right here, they're, both around 15 16 percent right now, and the volume on gme's messages is going more a lot stronger. So as much as i like, amc gme always tends to just get a little bit more of the crowd instead of amc - and i don't know if that's because of you know roaring cat kitty the face.

You know the headband guy with the red glowy mic. I got the same mic. I was the og. By the way i was the og of this mic claimed it back in 2018..

So here's here's what i really want to emphasize, though the flow of money. I do see it going back into dogecoin. I am holding my doge, i believe dogecoin, like i said, 25 20 cents gon na be a really good entry and the other reason is because elon is not backing down. Eulon's been putting mad tweets man.

Let me um, let me let me pull up my tweeter for a little bit, so elon's been pulling up some mad tweets about dogecoin too talking about it, not slowing down quite a bit and also real quick guys. If you have not followed me on twitter, go ahead, brian jungy there's a lot of scammers impersonating me again on instagram and twitter. Every time we report them every time we block them, they make a new one. It's annoying.

I wan na do like a hundred mega slap to their face, but you know it's not worth it: it's not worth it even though they're literally scamming my followers out of money, they're, they're scamming. Imagine your mom your dad your sister watching one of these live streams and then a fake brian junk scams them from all their hard-earned money. Yeah. I want to slap him.

Am i anyways look at this may 24th uh two days ago, elon tweeting about doge again, which we talked about uh, please submit ideas on github and someone suggested changing dogecoin fees based on moon phases. I mean he's gon na keep talking about it. Nothing's gon na change he's not gon na wake up one day and have like a salty opinion on this, and with all the news, did you guys know elon in 2019 got in contact with dogecoin developers now reports? Are they didn't take any money from him, but he's always been a supporter behind the scenes as much as elon has been, you know making a little bit of moves lately we can't ign. We can't ignore the fact that he still has influence over the market and as long as he likes doge, which is not going to change, he keeps bringing it up.

There's another tweet reply. Let's talk about it, let's see what's happening right here, yeah just scrolling down a little bit going down with a bit of bitter beer, all right. He talks about somewhere right here, all right, dogecoin, please, no dogecoin is no formal organization. No one reports to me.

So my ability to take action is limited all right, regardless 19 hours, more information about doge now hold up guys. Real, quick right under my boy, cz, oh shoot amc is trending. Is amc trending to bitcoin 500k. Now, amc 500k kathy woods.

Okay! The 500k is kathy woods price target, if you don't know who that is, that is uh arc, invest chief chief master all right. So that's what we got right now. This is amazing to see amc hyping up today. Let me know if you guys are part of amc.

Let me read it a little bit and yeah drop it down below how y'all feel about that. How y'all feel about amz going up elon has the biggest bag of doge dana says in the live chat. I i i actually uh. I don't disagree with that, how to buy amc all right, so this does not so should we buy amc right.

This is the question that we got. Should we buy amc. I personally would not be buying anywhere near this because the crypto market is still on discount and, if you're trying to time the market instead of riding the wave, that's already taking off yeah wait amc's at 10, the afc might almost say 20 dollars. You guys.

Amz, am i almost getting flash getting a little bit of ptsd right here from the amc wall street bets before robin had decided to cancel all or all orders y'all. Remember that don't forget that i don't forget that uh. Should you buy amc right now? I wouldn't buy it right now, but here's the thing i personally wouldn't buy it. That doesn't mean that you should follow what i say at all.

I just wouldn't buy right now, but but i am holding it expecting it to go higher. So take that as it is, i'm not selling my positions. Last night i canceled my sell limit orders that i had placed since february, so i was initially going to shave my profits off and take my initial investment out of the table at 15 and letting the profits ride. But i said: hey the sentiment right now is crazy.

Amc is trending on twitter and it looks like people are trying to get back on the train, knowing that they cashed out and panic sold their crypto investment and naturally the flow of money is going to go into these meme stocks that people don't want to fomo Into and like i said, with the honey jar analogy, people are warmed up to amc already we got it. We got a lick of this earlier before chances are robin hood's not going to screw their customers over like they did before you never know, though you never know with some of these companies if they do. I don't even know at this point. Weeble check out weeble.

Actually listed down below in the description what's weeble brian, it sounds like weevil from pokemon. This is weeble. This is a tr, a chart that you can use. They have a really good app too, and i've been actually placing some of my crypto trades through weeble as well.

You can also pick up two free stocks, one valued up to 1850 link down below in the description. If you sign up with weeble using the public, app store they're, not going to give you any type of promotion, but if you use brian junk's link down below, they will give you extra promotion. Usually it's like 30 40 bucks, but occasionally people do get over a thousand dollars in free stock. You do have to deposit 100.

They do need to approve your identity, not yeah yeah with that being said, yeah, so everyone's been using weibo lately and if you don't want to get screwed over check it out. It also supports my channel as well, but that's completely up to you, so amc breaking all time highs right now. Oh my goodness! What in this hungipsar brugelgi is all of this madness and beauty go okay, so this is not gon na, be an amc, dedicated video. Although that this is very exciting, this is gon na be a crypto video first, so i know anyone watching this replay is going to be like brian.

I just want to hear about the the all coins i just want to hear. If this is the all coin season, so we'll talk about that and then chat just start spamming amc if we break 20, all right y'all. Let me know because if that happens today, this is going to be a very exciting beautiful day. So going back into the charts, that's what i had about dogecoin going into the categories: let's actually look at meme coins and seeing what's popping over there because for the most part meme coins, although you know i i'm not a huge fan of it, they are still Very relevant in today's society - and i know many people holding the bag on them - are always asking me brian.

What do you think about shiba, inu or wiener dog, or you know all these things? So, let's check it out right now see how the overall meme coin market is doing and obviously they're not doing well, because they are gone. They got bumped down the number 113 and why am i doing a? Why am i doing the southern okay? I don't even know what that what what in the world all right so the meme coin, category look at this guys the trading volume is down significantly. I told you all that this would happen. I told you as soon as the market starts tanking.

The initial volume that we're going to see go down is going to be in the memes. No one's going to want to trade means we're going to see more outflow data which we're going to talk about with the report that i got and i found uh earlier this morning. So that's going to be really interesting to see safe mode is down nine percent. Shiba inu is down 20 percent, but surprisingly enough we got erc 20 uh monacoin up 11 percent, erc 20 up 20 dogalon mars down 40 percent, and then i can't say this but c rocket.

We got up uh 25 still for the week. So it's not bad. It's not necessarily terrible loser coin down. 49 39.

Excuse me uh, but for the most part it looks like we are always going to have random coins. That just jump up like is right here still up 103 for the week and doing pretty well baguette up 19. In order to buy some of these meme coins, you do have to use either uniswap or you know, use your metamask and have your money on there in order to trade, your cryptocurrency to buy it. So it takes a little bit of extra step.

You won't be able to use coinbase to buy some of these coins and i simply still do not recommend it, although that money could be made there now stellar up 1.45, today, solana doing fairly well 16.26, amazing, stuff, amazing, stuff here, theta up 10 and v chain. Finally, let's go v chain up 13.77. I recently posted an interview with their. I think it was their chief of marketing or products or one of their developers who did an interview dude the gems on youtube are the ones that get like such small amount of views.

I'm telling you like, i usually try to post those because, although they may be the most boring conversations ever and interviews to sit through, i popped that bad boy and at 1.5 x speed. I just let it run and i find a lot of value and i just soak it up like a sponge v-chain. Fundamentally, nothing has changed. Use case is still years ahead of any other company trying to imitate or copy whatever they have going.

They have good partnerships. A bmw is just one of them: they had a whole list. They got ties with louis vuitton v chain, long-term hold if you're struggling with finding a price target for it. I would never enter these positions when the daily is up 20.

30, when the daily is down 20 30, have your cash on reserve? Have it you know just chill in for when that is possible? I see a little piece of speck dust: whoa nexo up 40 engine 34 telcoin, 22 polygon boy. Oh boy, do i love polygon? Funny thing is a lot of people don't even know what polygon is. They don't even know what they're investing into. If i, just if i just shot some fires, what in the? What, if i just fired some shots, don't worry.

I'm gon na make a video literally educating you guys on exactly what you need to know about polygon, except it's not going to be confusing. It's not going to be overwhelming. It's not going to go over the top of your head. So if you're ready for my top crypto picks video and you're trying to see what lines up with it make sure you go ahead and subscribe to this channel turn on the notification bell, so you guys don't miss out on uh on an upload ceilo.

19. Bakery token 16 up solana, like i said up 16 - i mean today's overall great market date, look at chain link. I entered this position recently at 25 uh and we're up to 30 dollars now chain link. I predict a price target of 50 v chain.

Is that 12 cents right now it is i'm telling you it is very undervalued right now, especially because v chain, especially has been trading pretty sideways within the past few weeks. Why is it so dusty? Am i i need to get an air purifier? I got one back there, air pure fire. It's not that wouldn't work at all trading view, so v chan, we're gon na see a lot of sideways action. Look at this little dip that we're having right here.

Is this a good time i mean i mean you. Definitely can't predict the bottom and i do believe we're gon na have a little bit more sideways action, so with with cryptocurrencies like v-chain, i'm telling you guys be patient. We're gon na see another rise in this now. I also want to mention as strong as the fundamentals are on a lot of these cryptocurrencies.

It all depends on the big bad boy right here, bitcoin, because that's where we get that bitcoin dominance chart that's where we need to keep a lookout for this guy right here, bitcoin dominance 42. How much money is going into bitcoin compared to any other altcoin and all coins? People often assume that all coins are known as the dog water dookie coins? That's not true at all. All coins are just anything that is not bitcoin, so even ethereum, which in comparison has more functions than bitcoin, is better uh uh classified as an altcoin, so there's just a stigma. It's like.

Oh you invest into all coins. Noob i invest into bitcoin, i'm a maximalist. Like shut up shut up man, all coins, there's such more innovation, there's such more periods of growth, and although it could considerably be more risky, i think it's not okay risky is such risk is such a subjective term, because if bitcoin is not making any tremendous gains And although you're seeing more volatility with your price but you're getting the ability to score higher highs on a return on your investment, it's like yo, the risk might be with putting your money into bitcoin right. It just depends on what you see bitcoin, as is it really the store of value narrative that you have for it, or are you actually trying to make a return back on your investment? Are you trying to? Are you trying to get out of debt? Are you trying to make some real money with cryptocurrency in that case, that's why i recommend people to consider other cryptocurrencies ethereum easy choice right there less risk everyone's using vitalik's, doing great things out here, very credible guy and everything's just being built right now on the Ethereum network and any downside that we're having with cryptocurrency this is what i love about crypto.

I need to blow my nose or something because they're like dust little dust mites attacking me, isn't that so you got to think about it like this. The beauty about crypto is anytime. There is a problem. The network speed the gas fees whatever it is, the the scalability aspect, the interop ability, there's so much that goes into it, but the beauty is this.

Opportunity arise amidst problems. Okay, so if there's higher gas fees invest into ethereum right now, knowing that we're gon na have layer, two upgrades or check out cardano or polka dot, anything that combats those layer, those uh gas fees, i'm sorry those gas fees in order to know that hey. This is an issue. Crypto is not going anywhere.

People want to combat this. If you want to make money, that's where you find first, the solution and easily the profit will come you're just investing into these under valued assets. These projects, these protocols, that you know, is still going to be value, valuable, regardless of where the market goes. What's a break, oh all, right! We're 25 minutes in 4, 900 people guys go ahead and hit that like button, if you guys can do me a huge favor, i would really really appreciate that.

Okay, so that is pretty much all the cryptocurrencies icp guys. Oh man, icp, is hurting all right. Icp is hurting in every direction like 1000 little cactus needles. Pricking me if you guys entered icp after they got listed directly.

I know not just me, but even a lot of other creators who invested into this we're just looking at this. I know i'm looking at this at a very long term position only because icp out of all the cryptocurrencies aside from ethereum and some other uh, i would say, platform and d5 protocols. Icp has such a revolutionary aspect to what their vision is, and i do believe in the long term grand scheme of things. They are going to be a crypto that right now what i would consider a steal as well too, but not financial advice.

Do your own due diligence, do your own research before conducting any type of trades, but in the meantime, litecoin recovering from its all uh one week: low seven percent. It's up nine percent today having a little bit of a recovery, and although the market says that we're only up four percent we're getting a lot of increases in different altcoin sectors hitting some double digits like we haven't seen in a little bit in the past few Days at least right, so this is all really good stuff keep your eye out on it. Let's talk about the altcoin season, so the reason why you probably clicked on this video is it all coin season are. Are we getting to that point now, brian? What what should we be preparing for? Well, it really still depends on what bitcoin is doing.

As you guys know, bitcoin is struggling still to break forty thousand dollars. We need it to smash 40, get to 40 and 42 000. Is the resistance level to see a good positive uptick for the next resistance level and on course, the bull run uh, hopefully that we're still on track, for which i'm very actually optimistic that we're on track for, but keep in mind guys, even though right now it Looks like we're seeing the opposite of a dead cat bounce. It's still a little too early to tell we're going to give it a few more days to tell if that's actually what we got going on.

But for the most part, if this is the start to a reversal, this could be the start to a crazy, crazy altcoin season. This could be a start to just the next intense ebola run, so people people think, like oh dude, man, things things started dropping off. So so low guys we're we haven't even hit june, yet june's only a couple days from now things are gon na get exciting september october. I do believe we're to be in a much better uh spot from where we are right now in terms of the price for bitcoin and many other cryptocurrencies, and i know right now with the market sentiment, there's still a lot of fear.

A lot of investors are shaking up. Everyone wants to move over into amc, because amz and gme seems to be popping off right now, but don't be straying away from that plan. Don't don't think that anything has changed with cryptocurrencies, because fundamentally nothing has absolutely changed. They are still moving forward, yeah china's talking and trying to spread a little bit more fud and trying to say.

Oh, you know we're not gon na. Like that's good news, that's good news. People are always gon na find a way around it. People are always gon na have cryptocurrency to use and the more governments and other countries fear cryptocurrency.

That's how you know that this is a change that they're trying to stop. That's not gon na actually happen so bitcoin, let's get past 42, my brothers and sisters. Let's get past 42 000 and then, let's start seeing some action here for the most part guys if we do see some more consolidation, if we do see bitcoin going down south, which i don't expect it to happen, but you got to be ready for i wouldn't Be surprised, okay, that's all i'm gon na say i wouldn't be surprised to don't be dropping all your money right now before we have a potential to the upside. Be patient because sometimes doing nothing at all is probably one of the best moves that you can make going into it guys bitcoin whales they've actually been buying up the dip recently.

So anytime bitcoin goes under 30 000 and we have um or anywhere near 30, 000. Depending on the exchange, we're gon na have whales just start mass accumulating, so they bought 122 000 bitcoin. Do the math 122 thousand times where we're at right now, around 38 000 per bitcoin. You know that's a lot of money going on whale alerts has been going crazy with the indicators, and you guys just have to know right here.

This is really important. Kyle davis, co-founder of three arrows capital, told bloomberg people that were borrowing money to invest. They were wiped from the system, so this is all newer investors who were over leveraged with their futures, their contracts, anything that they were guaranteeing. Okay.

So if you don't know a massive liquidation with people who borrow money to invest means anytime, cryptocurrencies drop below a certain risk or a certain threshold in their price. You see this with stocks too, you get something called margin called so uh say i borrow a thousand dollars and i don't have a thousand dollars in my bank account, but i'm trying to invest into crypto, knowing that it's gon na we're, assuming that it's gon na Go up if crypto happens to go up. I just made free money off money. I don't have that's like passive income.

You know you got ta put a little bit of work, but i would consider that passive income, once you drop your money in there and it goes for a bull ride in the other instance. What you have to know is this: if you borrow a thousand dollars all right from the mafia man that owns that pizza store, if bitcoin goes and you invest into bitcoin at 35 000, it drops to 30 000, he gets freaked out and he says yo uh. I need my money back right now and you say: uh shoot man. I invested that money and that money goes down you're in the negative right there and instead of the mafia guy saying like oh, i need it from you.

Please, can you please give he's just going to take it, so that's a margin call any time the crypto prices fall below a certain threshold or the support levels, which we also call them in the ta world. You got to realize that massive liquidations are set to happen, especially when we're on such shaky foundations. We haven't had a full reset like this. We've had bitcoin going up and up and then it was trading sideways, but we haven't had a full correction and i, like the immune system analogy, i love the foundation analogy and it's saying every time we get a hit.

It's good, it's good, because you get stronger. You won't get affected by the tweets and then you build a better foundation where you're not on stills. Like you know, at a circus or on like those little stills, you want some rock solid bamboo foundation made with adamantium stacked together with metal plates forged with aluminum. You got a stronger base and that's what we're hoping to see, because this dip right here pretty much takes out all the paper handers.

If people panic sealed at the bottom and then like few few days later, it goes up. I mean that we're making money off those individuals that that sold if we bought in during that time - and that means we know how to better prepare for this market. More experienced investors are in here and that allows us to have a stronger foundation. Oh posture, so whales are buying up the dip.

Whales are continuing to act on this hedge funds, or it could be groups of larger retail investors too. We don't know for sure yet, but for the most part people are buying up any time. It goes down low. What does this mean? Would they buy up if you would think bitcoin is going to go even lower 15 10, 000, whatever, which i don't ever? I don't think bitcoin's ever going to hit 10 000.

I think in a super bare cycle we could possibly touch it, but that's in a very long time from now, hopefully not financial advice, just a random dude's perspective right. So, in my opinion, whales would only be loading up on these dips, very quick when it hits that 30 000 uh support level, knowing that it's going to have a higher upside and what we need to look at next is the outflow and the inflow data. So what is outflow and what is inflow, because this can get a little confusing here's crypto quant data guide, so exchange inflow is defined as an amount of coin deposited into the exchange wallets. So this means, whenever we see well activity, we're gon na get an idea of how much money is traded either from the exchange to their wallets.

What are what are wallets, like a wallet like like your louis vuitton, pocket organizer, so wallets are cold storage devices and cryptocurrencies. These are just two examples of what we talked about on my channel. This is a crypto uh, cold storage, wallet known as a ledger. Nano s and a ledger: nano x, uh.

I do have links in the description for these. If you don't have them. This is the first thing i recommend literally my crypto videos. I always talk about these and i have both of them.

I believe the ledger nano x is a much better deal just because it's much more quality. It has a bluetooth device, but pretty much. Whenever these whales come on to crypto, they will often times load their money or have an inflow towards the exchanges like coinbase binance. Whatever the whales decide to use okay, when they do that, that is often bad news, because it's in preparation that they're going to liquidate it for usd and oftentimes.

That's when we see the price go down whenever whales buy money on the exchanges and they outflow it into their wallets, it means they're holding because when you put crypto on your cold storage, wallets, you oftentimes, don't do it just to trade on a daily like that Makes no sense people are putting crypto on their cold start storage, because they're holding it for a while and for crypto to continue increase, increasing in price and continuing to see that adaptation. We need financial institutions to be loading up their wallets with this. That's the whole idea, because as many retail investors as we get, you know to invest into bitcoin or cryptocurrency, we're not going to see the push that we need unless we get the whales to store up their cold storage. Wallets! That's where it's going to sit! That's where it's going to marinate and that's where they're going to be holding for two five, hopefully even 10 years, and if we do that over time, it's going to compound the volume is going to go up.

The market cap is going to continue to increase and that's we're going to see the price go up as well, so inflow outflow. Okay, exchange outflow is defined as amount of coin withdrawal from the exchange wallet very simple right here, but in terms of the specific metrics you're going to have inflow, total inflow mean inflow. Top 10 inflow mean again the outflow top 10 same same things right here, so pause. The video take a read at this.

If you guys don't know what all these uh descriptions mean, but here's the interpretation that you need to know and then we'll go into the data of a report that we got two days ago on all the inflow and outflow data. So what we can expect, because this could actually be a further indication on a promising altcoin future in the next few weeks and i'm hoping june middle of june end of june is still going to be a very promising month for the overall crypto market. So, thank you all the way, uh by the way, guys all the people who are in this live stream right now. Let me bring up the chat because i've not been taking that out.

So a lot of uh dog water dookie coins in there pulling it up. Someone says i froze. Hopefully i didn't: okay, okay, hey hey brain great fan of you from india love! Your channel, appreciate that my brother from another mother, okay, okay, okay, can someone give the link uh, cold storage wallet link down below? In the description i tried getting a freaking discount go trust me guys. I tried they are not biting on it.

I think it's because the demand is so high, so it's taking like six to eight weeks to even get one of these, so i would order it link down below in the description it's called. The cold storage ledger nano x under my security tab. In my description. Okay, so interpretation, oh my back.

I've been watching like these chiropractor videos on youtube kind of want to get that done, but i don't know if that's pseudoscience or not. You know i'm saying so indicating selling or buying pressure an increase to inflow. Sorry, let me fix the mousey mouse, an increase of inflow to exchanges, possibly means dumping from individual wallets, including whales include, including uh, indicating selling pressure. On the other hand, an increase of flow from exchanges possibly means an increase of huddle positions or hold on to dear life positions of traders in order to store their coins in their own wallet, indicating buying pressure.

Pretty much what i just said indicating the levels of exchange activity, a positive trend of inflow or outflow to exchanges can indicate an increase in overall exchange activity. Meeting more and more actively more and more users actively use the exchange for trading. This possibly means that the sentiment of traders is in the bullish moment. According to this interpretation, the other way around means bearish sentiment so predicting volatility.

This is important. Bitcoin in outflow means mean ma7, which is right here, the seven day, moving average of bitcoin outflow from the exchange. Okay, the the the moving average explains the strength of previous volatility in price, which possibly means the current positions might be local tops or bottoms. So moving averages is what technical analysis traders use to gauge, what that volatility could be on an approaching top or bottom of that chart.

This is because a large portion of inflows is based on transactions, among exchanges, where the analysis is done by the crypto quant research team, which is this company right here, and this phenomenon can be explained by the results of arbitrage strategies. So with that being said, let's look at some of the data so may 24th. Just two days ago we got some digital asset funds, uh flows weekly. So this is some some data, some charts that we need to go over and cover in this video.

So digital asset outflows continue evidence suggests a switch uh to proof of state coins. So this is pretty much the idea ever since elon musk talked about how you know. Bitcoin is bad for the environment we could call and which i do believe is like another narrative to point people into tesla, because tesla is still trading sideways. They are not doing well, and i do believe that with elon tweeting, these things it's either someone internally in his company telling him oh like this is gon na, be a good idea.

I mean you should do this because that, or it's just another way for him to shield tesla and and give awareness to the fact that you know they're, renewable quote-unquote, renewable energy or or you know, they're working on electricity. And it's bet, you know whatever his mind works and that's what they got. We can't figure out elon. That's why i don't focus on this conspiracy theories talking about like dissecting, why he would do that.

He did it. He affected the prices. That's all we know at this point: anyways digital asset investment products saw net outflows for the second consecutive a week, totaling 97 million us dollars according another new. Let me there we go after that.

I just did a ram reset, no more! No more reading mess-ups the outflow remains low, representing only 0.2 percent of total assets under management, also known as a um. Adding to the outflow was ethereum pay attention which saw minor outflows of us 12.6 million dollars following a long run of record-breaking inflows, totaling 924 million dollars a year to date or eight percent of um the assets under management, so all other all coins typically coins, other Than bitcoin saw continued positive sentiment with inflows across the board. Totaling 7 27 million dollars. Cardano saw the largest inflows of u.s 10 million dollars, which may represent investors actively choosing proof of stake coins based on environmental considerations.

So proof of stake is known to have less transaction fees and less of an environmental impact due to the way it operates. So proof of work, which bitcoin operates in which many people are trying to contest and create those forks in order to say, look bitcoin. We got to make that change right here, but you know i, i don't think that's going to happen. I think that's why we saw bitcoin gold bitcoin, whatever the other alternatives to bitcoin proof of stake is just the idea that people who stake this cryptocurrency are going to be the ones that allow this network to work that makes sense and the transactions to uh continue.

So, generally, you have minors, this is proof of work concept and that's what takes up a lot of energy and resources you can move over into proof of stake. That is what a lot of these other cryptocurrencies are doing, and it's supposed to be known as a much better alternative to the initial proof of work concept. Now there are some disadvantages and advantages to both, but in my opinion, proof of stake is a much better future for any of these cryptocurrencies. That's what i take a look at and seeing how they transact their data.

So it's definitely an important factor for you to take into consideration as a retail investor as well so detail. So digital asset investment products saw net outflows for the second consecutive week. Totaling us 97 million dollars. Another new record for outflows.

The outflow remains low, representing 0.2 percent of total assets under management, particularly when compared to the net inflows year-to-date of u.s 5.5 billion representing 11.8 percent of aum, regardless it represents a net change in sentiment following increasing regulatory scrutiny and concerns over bitcoin's environmental uh credentials. This is all due to china and - and you know the irs and and all that all that fun that we saw, which was really no big news, which still blows my mind: how much fun there is only because we saw a dip in the price. And then we had that domino effect, so my big thing is like yo guys. You just got to stay strong during this, like i, i think when you go through a lot of these dips, you begin to realize, like you kind of get numb to, and you realize like this is just a little phase, but we're definitely going to get out Of it and there's no reason to freak out or even panic, sell on your investment, so here's a little graph, guys uh weekly crypto asset flows by institutions.

You can see right here that we're getting a huge, huge influx from what we have greyscale coin shares corp. These are some of the other crypto institutions that that have been around for a while weekly crypto asset flows by assets uh. What is this million dollar? It's kind of small, so we got bitcoin up here. Ethereum ripple bitcoin cash, just seeing where the money is flowing into and then the percentage of funds for the aum right now we're having an increase in the data seeing a little bit of the trend or the knockoff and you'll notice.

This trend right here this is pretty much the uh, the bitcoin dip that we're having right now with other cryptocurrencies and we'll be covering that soon. So the the whole point, the final thoughts on this report that you need to know right now is that we're seeing a decent amount of both inflow and outflow with other cryptocurrencies, which could point to a direction that a promising all coin future is very near. So we talked about cardano, seeing 10 million dollars of inflows, which is really good news. Let's see exactly how that is so here's the article cardano sees 10 million dollars.

Inflows is big investor switch to the proof of stake coins so cardano and and okay? You know i'm not going to read this whole bullet point right here. Most of my followers shouldn't know what cardano is or ada so uh fast facts. Digital asset investment products saw another consecutive week of outflows with a total of 97 million. Another new record of outflows, which we just talked about, but the outflows at point - two percent of total assets under management remain low compared with net uh inflows of 5.5 billion dollars in the year today, regardless it represents a net change in sentiment following increasing regulatory scrutiny.

So it's the same exact thing that we've been reading, despite declines in bitcoin and ethereum all coins. Typically, other coins and bitcoin salt continued a positive sentiment with inflows pay attention here: totaling 27 million dollars, multi asset and polka dot investment products saw inflows of 7 million and 5.5 million respectively. So this is saying that a lot of money is just going into some of these other altcoins. We're still seeing it now, regardless of the sentiment that we're seeing with some of the top cryptocurrencies, and it's good news we're seeing a reflection of that in coin market cap.

And what does that mean for new investors? It means you guys got to stay tuned. It means you guys got to hold on and it might be smart to build positions in some of these other all coins when we do get some of those red days so yep pretty much. That's what we're seeing overall green day drop a like on this video. If you guys love those green days, because i definitely do but even on the red days, you got to find happiness in that because that's where the sales are green days, i don't like to buy red days.

I like to do days that nothing happens. I like to research regardless, you should be looking up and doing your own research every day, because with crypto it's never ending in terms of the amount of information you can learn, and it's not wasted time at all. This is going to help. You know more about what you're investing into which ultimately makes more money, so, instead of working, your 9 to 5 job or whatever, you have at an hourly wage, just think about the translation that goes into when you're doing research on crypto, finding a winner and then Making money off that so literally by watching these videos, i like to say you're making like say even like 50 or 100 an hour if we go into this explosive bull market because of all the research and all the information that you're learning right now.

So it's good that you're you're watching this! Instead of you know the anime or or whatever tv show, gossip girl, whatever's popping right now, because you're teaching yourself and you're preparing yourself on what you got to know: amc 19 and 32 cents. Okay, so polygon has some additional news too. They did but d, but booty cheeks sdk for building ethereum compatible chains all right. So what is sdk so polygon has announced the launch of its sdk stack that will allow developers to easily deploy their own ethereum connected blockchains, sdk or software development kits are single installation packages containing tools necessary for seamless, app integration.

So what you have to know with a lot of these upgrades being made to the system, there are two ways you can do. You can do this. You either work on the layer, one system, okay, you improve that they have side chains. There are two ways you can do that the most other popular ways to build a layer, two network.

So it's literally like a cake so think about this being like ethereum. You can either make improvements with ethereum, but like stamping this together and having like a little extra side chain right here, having some extra scripts running right here, sdks for example, or if you don't want to do this - to upgrade and make improvements for scalability and security. Instead of adding the chain right here, you pretty much add another layer which we call the layer two so layer, two just emphasizes all the benefits of layer one and allows you to just continue building making improvements into the cryptocurrency. All of them have their advantages and disadvantages.

Some of them vary with network speed, but it's good. If you don't want to pay attention or know any of the nitty gritty details just know that there are a lot of improvements being made like i mentioned earlier, which is just overall great for the market. So hopefully you guys are enjoying this live stream. So far by v chain, hella cheap.

I agree with that a little bit of a price increase today. I think yesterday would definitely been a better day, but that's what we got so far. That's what we got so far guys go ahead and hit that like button. If you have not yet already, i really really appreciate that jay yay.

Thank you so much man. He says thanks so much for the streams. I appreciate you and i appreciate the sa the the safe moon. Oh my gosh y'all are brainwashing me out here.

I appreciate the super chat, guys uh. What do you think about refinable uh i've not heard too much about refinable uh jt. What's going on man, i appreciate the kind words have you talked about pablo? No, i have not uh what exchange for v chain. I actually use crypto.com for v chain check out my link down below in the description.

Crypto.Com actually gives you staking awards too, so you can take it a month, three months, six months and they'll give you even six to eight percent back on your initial investment. So if you time the market right now on v chain buy it out, and it's pretty much like what i consider one of the lows that we're having the valleys you get that you stake it. You get an additional six to eight percent, which beats any type of interest rate you get from the banks. That's just one of the hacks that you can do now.