Yo, what's going on, you guys welcome back to another video uh. This is something that i didn't believe i would have to address uh, but it has come to my attention that there's a lot of youtubers in the crypto space right now: click baiting other viewers, literally just deceiving them, based on all the fud in the market. Right now, in order to get more views - and you know today - was going to be just an ordinary market analysis, i pulled up a lot of research and news and just some alternative uh methods in order to make money in this quote-unquote bear market that we're in Right now, but i i this is something that i just can't ignore: uh, it's so annoying right now, so i'm not going to name these youtubers, because there are multiple people doing this right now and for the most part you know your boy, brian young, he's steer Clear and and out of all this youtube beef and drama that i'm seeing, gets stirred up because everyone's just kind of like yo, what's going on in the market, we're having another pullback, and i guess when the sentiment is overall red. It's just people are more edgy.

People are more on uh, just just doing bad practices. So here's something really important that i need to say. If you happen to be a youtuber and an audience trusts you right and people are watching you knowing that hey. You know your source of information, inspiration, whatever it may be, or even entertainment, and then these youtubers, in order to get more views for their channel and in order to just maximize their youtube, analytics they're going to come out and try to deceive their audience with clickbaity Titles talking about how you know everyone they're selling their bitcoin and the crypto market is isn't going to do well or bitcoin is going to go to 10 000 because just like mainstream news, this is what they do.

They want to emphasize on people's fear they're going to play on that because they know that's what's going to drive them the most amount of clicks. Now, on the other side of this spectrum, we have youtubers who sugarcoat everything they say. Oh, this is just another dip. This is not a dip, you guys uh uh, don't worry like nothing.

Bad's happening and they'll just keep saying this and saying this and they'll be in denial because it does take a while for this bear market to actually form now. For me on youtube and from what i've seen and and something that irritates me with all that with all that being said right for me, at least on this youtube channel, i've always tried to gather all these different perspectives and hear what other people have said in Order to make sure that at least my audience, my subscribers get the most balanced information out here because, regardless of whatever person's perspective, they may have no one knows. What's going on. I could watch 10 different youtube channels on ta, with a quant background or whatever, no matter how many subscribers they have.

But let me tell you this: no one knows what's gon na happen in the market, and this is why we've been emphasizing this, and this is why, whenever someone asks me brian, do you think it's gon na go up down? I give a prediction on what i believe may happen, but at the end of the day i don't even know we're just still waiting on seeing the type of information starting to form. So you know that was more of the real talk that that i wanted to get into on this video just because, with the nature of youtube and us having and when i say us like other youtubers having this audience, i feel like people really just take advantage Of that they don't do their due diligence and at the same time you know it's very difficult. I know as a youtuber balancing all these things and trying to get information out. It's like dude, sometimes like look out for your people instead, like look out for your subscribers instead trying, instead of just focusing on the freaking views right now so um, you know, i was gon na make this a full on youtube video.

Instead. The reason why i had to do this live was just because, like i could, like i don't know man today, i was feeling some. I don't know if it's the weather outside in maryland, but uh. I just i had to come on here and at least share.

My thoughts, so let's talk about where the crypto market is right now and uh, let's go into some techniques at least on what you should expect once we get out of this today is saturday tomorrow sunday, i expect sunday to have another fuller pullback, that's just generally. What we had in the market - and today i'm not having any buys, i am always every day averaging into bitcoin, regardless whatever happens in the market, just because for me, that's a long-term hold to me. I'd rather put my money into digital assets still, rather than any type of other investment s p 500, screw that we know what's going on with inflation, we know what's happening with joe biden, even talking about releasing additional money into the economy. So i don't fully trust the stock market.

I don't trust the government right now. I don't trust the fiat currency and right now, crypto is still fundamentally a investment where nothing has changed. Improvements are continuing to be made. Ethereum gas fees going down more today, not because their upgrades are finally done processing just because of the current sentiment in the market.

So you know a lot of stuff right now. Let me switch over to my screen. Thank you all so much again for tuning by today's live stream, and let me let me see what do you mean? You know a lot of stuff all right, so the overall crypto market, guys today it's at 1.47 trillion dollars or down 4.52 bitcoin - is at 34, 560 ethereum's at 2, 274 and honestly, although in the past week yeah the prices have been going down steadily. You know even today, this isn't too much of a drastic pullback.

Last time we saw bitcoin, it was at 40 000, but we haven't broken the support level of 30 000 just yet so tomorrow i would stay tuned in order to see if there would be buying opportunities in this situation, but go back to my live stream or Not even my live stream, my video that i made two days ago. I believe i posted it really night, because i i got my little 5g shot dude. That thing has been that thing threw my sleep schedule off. So even today i've been feeling very fatigued uh and not even wanting to make a youtube video i just wanted to relax today.

It might might also be because it's just raining so much in maryland, uh, but that's really the current state of how i've been feeling and in terms of the overall crypto market. I feel like some of that is translating over with some of the red that we've been seeing now on both sides of the technical aspect: right um, because right now, everyone's focusing on the wyckoff theory and talking about the accumulation and we're also talking about the potential Distribution of this chart, the reason why i keep saying like we got ta wait. We got ta, wait to see what happens we got ta. Give it like another few days is because in the wyckoff theory which we're spot on about right now, in order for us to see, if it's going to be pointing towards the north end, where we do have that positive uptrend, we have to have some time to See where we are in that wyckoff theory is this accumulation or is this distribution? No one can really know right now.

No one can really actually guess, but if you are in this situation, where you did invest into crypto, maybe a few months back like three four months ago, all the way near the peak and you are down. I can tell you this right now: it'd be better to buy the cryptocurrency at a discount when the price is at where it's at right now, bitcoin 34, 000 half of where it came from at 60 000, and we do have that uptrend uh, just a chance Of that, going to the upside right now, you're still getting these cryptocurrencies for a discount, but because of all the market volatility and because i know that many people were continuing to fomo into crypto at the all-time high, not having too much ammunition. This is why most retail investors need to be more cautious need to be more weary about how they decide to invest in the next few weeks. So this all depends too on your threshold for risk.

It also depends on how much your cash flow is. Are you investing everything into crypto? Do you have a nest egg set up, or are you more of a risk adverse trader, so the way to compensate and alleviate for all of those measures is to make sure that you're actively dollar cost averaging into these investments. But i wanted to touch upon some of the uh all-time best day, gainers, because although bitcoin is still considered what not doing well uh in the past week, if we go into the 24 increases check this out, we still have 20 increases in a single day, which Is still absolutely amazing, horizon uh, or also known as zen they're up 17 in the last seven days, mdx up five percent today. Excuse me, file coin up three point: five: five percent celsius up four point: seven eight percent today die another stable coin, and what we'll notice too, is that a lot of the money is getting shifted into stable coins.

When people don't know what to do and they don't they, i just want to say that they don't have that risk tolerance. That i would expect many people to have, because i just know how greedy many investors were getting in the beginning and which is no fault at all, either, because we're seeing such exponential growth right now many people are moving their money into stable coins. That's why we're seeing that price continuing to fluctuate, uh and them just moving up forward on coinmarketcap.com, so just keep in mind um that there are other cryptocurrencies. You guys that even for, like as an example, chain link it's still at 25, it's still at the average of what we've seen pull back since the last crash, and we haven't seen cryptocurrencies dip towards the downside exponentially too much either.

And if we take a look at some of our watchless cryptocurrencies that i talk a lot about on this channel, even polygon, even matic right now, i'm hoping that when the crypto market does pull back even more, this is going to be an actual good time. For me to start entering some of these cryptocurrencies that have been almost bulletproof to the recent pullback, so polygon matic, another platform, cryptocurrency unit swap has also been doing well up 36 for the week still up positive 10 for the week, and this is why diversification is So freaking important so guys you know, i hope you all. I hope y'all right now definitely stay level-headed in these situations, because, what's frustrating the most to me is not the crypto market prices to me it doesn't. It doesn't bother me right now that we're seeing another pullback like this, because it has been so constant with the overall price, just trading sideways, not seeing too much action.

What irritates me the most is the actual youtube creator community and seeing some of these other influencers just taking advantage of their audience during this time. So i'm just gon na say. I really really highly encourage you guys to do your due diligence and make sure that you're careful of the type of information that you take in and that you guys should always be doing your own research too. If someone is predicting that bitcoin is still on track to go into a quarter million dollars this year and they're, not taking into any consideration the pullbacks that we had, you can't create these expectations that are really false right now, because overall, that's just going to damage That audience so for people who have the blessed chance of watching this video, at least here's.

What i'm going to say i'll, give you guys that worst case scenario and i'll also give you guys still the best possible case scenario. So you can be prepared on what may happen, because if you have these false narratives or expectations of even the quote, unquote worst case scenario and you panic, sell everything where in reality, we end up going back and we start slowly accumulating going back into a positive Uh movement and then we start seeing bitcoin even nearing its last all-time high 60 000 and then going up from there. You can't take different options off the table and you can't emphasize that different scenarios are going to happen 100 right now, because no one actually knows so. Keep that in mind.

You guys, i do believe as time goes on and we have a few more days that go by and we have more data points and we can get a better idea of some of these theories. These distribution charts or what could possibly be an accumulation period. We will continue to get a better idea, then, right now, what i've been doing, at least for my portfolio, is to just hold on during these times something i've mentioned constantly to my inner circle. Members, and even in my youtube videos is that doing.

Nothing is often the hardest thing to do when the market seems to be making downward movements, or you want to actively be doing something because you see maybe something like ethereum max popping off and you realize that there are still opportunities. But when you are over leveraged into a market that has been pulling back significantly as we've been seeing, sometimes the best move to make is nothing at all. Sometimes it's just to chill do a little bit of research and if you don't think or you have less confidence than you did when we were at sixty thousand dollars, read the same things that you did go watch some of my older videos on the fundamentals of Crypto or my how to invest into crypto, go into the white paper of bitcoin and realize that we're still on track to many great things and regardless of all the fun that you hear, whether it's environmental impacts from elon, musk or hearing china talking about them. Wanting to ban bitcoin again for the 400th time, none of that is is real, concrete news.

That's gon na really drive the price of crypto down because of factual evidence. Uh everything elon musk has said, that's been very debatable, to say the least uh for my patreon members. We did recently come out with a post just talking about the real report. On the actual reasons of environmental impact uh, i i plan on making more more full videos just talking about that and there's a lot going on in the market, and it seems like just the sentiment has been going down and you know for the most part.

I love staying positive. I love being optimistic because i truly believe that this is just another pullback in the market right now - and this is not this uh, this just crypto winter - that started at this point, but i also take into consideration that that could always be a possibility as well. In order to negate that, i believe taking those profits off, the table is still gon na be good. I know it's very difficult when you don't have the profits take over uh and you are in an unrealized loss on your investments, but at the same time too, if you've been going into these investments, knowing that hey, i still got money coming in for my job.

I still got other investments. Cryptocurrency will always be a positive long-term hold regardless, whatever happens in the short-term volatility of the market, it's still going to be a positive long hold, so i i hope that at least gets to some people. I know it's been really rough and i know this weekend may continue to dip down more, but i had to hop in here and at least spit a little bit of truth, especially because um yeah, it's been, it's been wild in this market. So far.

So that's what we got going on you guys um. Okay, i'm taking a look at the chat right now. Some people are saying that we do need some moderators we're good bro, we're good we're good y'all can hold it down, anyways guys some of the cryptocurrencies still on my watch list, i'm looking at polygon right now, cardano another good hedge, and if you do have the Chance to move your cryptocurrencies into other stable coins is this something i recommend, i would say, hold off right now. I know that's what a majority of other traders are doing expecting to see a turn and other um just pretty much quote: unquote: youtubers, just bringing the overall sentiment down.

You have to realize that this is still just a time in the market where we can still get out of this there's still a lot of potential upside, so guys. Thank you so much again for watching this video, i'm gon na tune out of here. I'm gon na go hit the gym in the meantime i'll stay posted on twitter instagram. Follow me over there.

If you guys have anything, hopefully you guys take care and i'll be keeping you guys up to date in tomorrow's video. Thank you again for watching peace out.