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39:48
terrible right so if an if a wallet or
39:51
in exchange promotes my free airdrop
39:54
token that amount they can make on that
39:57
20% referral that the currency inflates
40:01
to pay them could be more than they ever
40:04
made on any of their business ever
40:06
including their change Lea links and
40:08
their shape shift links and whatever ads
40:10
they might have had which I don't even
40:11
think that's part of most of these
40:13
companies revenue models it's a
40:15
no-brainer right so once we get an audit
40:18
I'm gonna start cold calling every
40:19
wallet every exchange and see what type
40:22
of synergy we can find because I think
40:25
that there's millions of dollars to be
40:26
made I'm giving away free money to their
40:28
customers
40:29
pretty easy so of course so let me ask
40:34
you this now do you think anyone can
40:36
become successful sure yeah so good yeah
40:45
success is subjective so for some people
40:47
success is I woke up and my feet are on
40:50
the floor man this is awesome and for
40:53
other people's success is I need to have
40:55
less than 8 percent body fat and all of
40:57
my kids need to be doing great and my
41:00
sports team needs to be winning and I
41:02
need to be hitting personal records at
41:05
the gym and if all of those things don't
41:07
happen that I'm not happy now which one
41:10
of those two people do you think has
41:11
like lower cortisol levels and has
41:14
better smile on their face right and
41:16
it's maybe nicer to people around them
41:18
probably the guy that's a little bit
41:20
more chill with himself right so success
41:25
is entirely subjective now I would like
41:28
to say that if your hippy or a monk and
41:32
you've opted out of progress to the
41:34
detriment of all of those around you and
41:36
you leave the world not any better than
41:38
you found it you are loser you
41:41
stop being a loser so there's some
41:43
people that you know aren't comfortable
41:45
being your guru and telling you what
41:47
better and worse looks like I'm not that
41:49
cowardly right they're cowardly because
41:51
it could make more money off of more
41:53
demographics by not alienating any of
41:54
them hmm
41:56
since I'm not in that business yet I
41:57
don't mind the alienating some people
41:59
don't be a loser be productive leave the
42:02
world better than you found it right and
42:04
if you're getting stoned all the time or
42:08
doing the journey inward all the time
42:10
you ain't helping nobody not even
42:14
yourself
42:15
what how about being successful in
42:18
crypto do you think anyone can do that
42:20
whether it's trading I SEOs because
42:23
there's different things you can get
42:23
involved in crypto so I SEOs are in
42:28
general terrible ideas because you have
42:31
minimum rights as an investor with no
42:34
checkpointing which means they get paid
42:36
upfront everything and then their
42:39
optimal the optimal outcome for the
42:41
person doing the
ico
is to just start
42:42
another ICEA because they got paid in
42:44
full already so it's so the wrong
42:49
businesses with no product market fit no
42:52
adoption done by the wrong people at the
42:55
wrong valuation with the worst deal for
42:59
the people purchasing it with no
43:00
liquidity like it's just just horrible
43:03
and like every every single thing is
43:05
garbage now
43:07
there was maybe wine actually there's
43:14
maybe one or two successful ICS I can
43:17
really only think of one so I'm not I'm
43:22
not partial to that model I think I
43:24
could launch a successful SEO that fix
43:26
some of the problems and with all of the
43:29
crap that I've eaten from the public
43:30
giving away a free coin I'm probably
43:32
going to do an IC o---- if I do another
43:34
token because I'd rather get paid
43:36
upfront a hundred percent and they get a
43:38
cut of the coin after then then what's
43:41
going on now or it's like if you give
43:45
people something free they they're like
43:46
oh you know evil horrible thing all
43:49
right you horrible okay
43:51
you know the guys the guys that bought
43:53
the EOS
ICO
even in the bear market of
43:55
all bear markets the longest bear market
43:57
crypt has had they're still cash
43:59
positive over the ICEA price
44:01
so exactly how unhappy are all the
44:04
speculators in that deal and they got
44:06
like I've always depended position and
44:08
then will never take advice yeah it's
44:12
just it's a low percentage it's a low
44:14
percentage so you know I I started to
44:17
appreciate the ICM model when you just
44:20
look at how well it is from the person
44:22
launching its perspective you get paid
44:24
in full 100% and then you take a cut of
44:26
the coins - okay well that's better than
44:28
just taking code of the coins isn't it
44:31
so doing well in crypto so I wouldn't I
44:34
wouldn't focus on the I see a thing
44:36
if you want to do well the odds are
44:38
stacked against you unless you're
44:39
launching one and then the odds are
44:41
stacked against you still because the
44:43
market died there's no nobody's
44:45
interested in getting rekt everyone got
44:46
everyone held their
ICO
down 95% and
44:50
then watch to get delisted so when you
44:52
hold it from like 10 20 times higher
44:56
than it is and then watch it get the ax
44:58
listed there's like what worse could
45:03
happen to you encrypt it right other
45:04
than just like losing all your coins
45:06
losing our coins value is similar to
45:09
losing all of your coins the only
45:11
difference is that if you still have
45:12
your coins maybe they'll go up again one
45:14
day maybe so I wouldn't I wouldn't focus
45:17
on ICS as far as trading goes the skill
45:19
cap is very high if you want to use my
45:21
show link Richard Hart win enjoy your
45:23
10% off if you need a VPN you need to be
45:26
from another country there's the link
45:28
for that in my trading group T died on
45:31
me for it straight or straight charts
45:33
you can also check out my price calls at
45:35
Richard's calls
45:36
t-diamond a forward slash and you know
45:40
if we're at the at the bottom of a bear
45:42
market or near you could dollar-cost
45:44
average from here down to 800 maybe we
45:46
never get to 800 maybe we never get to
45:48
1200 maybe we never get to 2500 all
45:51
right but you're just gonna have very
45:53
limited exposure and if we do dip into
45:56
the sucka ville you're gonna have a
45:58
lower cost average that you bought in at
46:00
right and then if time keeps passing and
46:03
those
46:03
aren't getting hit and you see us do a
46:05
golden cross on the 5200 daily moving
46:08
average then you can just move your bits
46:10
up right or you know if mo a 30 percent
46:14
dip or 40 percent dip once dips tend to
46:17
stop dipping right so I think I think
46:21
that a lot of fortunes will be made
46:22
buying the bottom of this bear market or
46:25
near it I just looking at the chart the
46:29
bottoms of bear markets aren't V bottoms
46:33
they're like a capitulation V bottom
46:35
followed by some choppy crap revisiting
46:38
about 10% off of that V bottom and then
46:40
bull forever and that's what we did in
46:43
2014 my even 2015 whatever the last
46:49
bottom of the last bear was probably
46:53
2014 so if if you want to buy that you
46:56
want a dollar cost average in to it if
46:59
you want to FOMO and take some leverage
47:00
on a 30 or 40 percent dip and have a
47:02
tight stop loss so that you're out at 45
47:04
percent tip seems viable if you want to
47:08
play breakout trading you're gonna get
47:09
wrecked the Bart Simpson's are gonna run
47:11
your stops all day long you're going to
47:15
get your ass handed to you if you want
47:17
to do market making and guess the range
47:19
and just sell them the way up and by on
47:21
the way down we still do have enough
47:23
volatility to play that game but if it
47:27
jumps out of your range that you guessed
47:29
now you've got to rebuy your inventory
47:30
at a higher price and you might have
47:32
been better off just holding spot so I
47:35
think I think you're much better off
47:38
getting free Bitcoin hacks and staking
47:42
it in getting a 3x to 10x more coins
47:45
just from all the bonus from being
47:46
staked for the first year of the claim
47:48
phase you're more likely to get a higher
47:51
percentage gain on that than anything
47:53
else you could possibly do because your
47:55
risk is nothing you're getting the coins
47:56
for free and even if your risk wasn't
47:59
nothing and you're actually buying them
48:00
you're buying them before they're traded
48:03
anywhere you're buying them like before
48:05
bass hype like you just if you get into
48:09
a token early you can get a thousand x
48:11
but if you're buying someone else's bags
48:13
that are already up a thousand X right
48:14
so like my thirty dollar bag of Bitcoin
48:16
you bought it 2,500 yeah you bought what
48:22
10x higher than I did more 100x higher
48:26
so you bought 100x back thanks bro
48:28
then like the guys about 20k bottom I
48:32
like what 700 X bag or something so like
48:36
it's why not just be the guy that gets
48:40
in early and makes all the money is my
48:41
opinion on it you know if he realized
48:43
made more money quicker than Bitcoin
48:45
guys did and E us guys made more money
48:47
quicker than aetherium guys did well I
48:49
want the Bitcoin hex guys to make more
48:51
money quicker than any of this guys did
48:53
why guys we got better game theory and
48:56
you're getting a coin a zero did you get
48:59
any as other coins of zero no no brainer
49:03
okay Richard have you ever felt in life
49:08
well I own up to it
49:11
I take it very seriously and I say I was
49:14
wrong
49:15
here's how I was wrong and then I hope
49:16
everyone forgets as quickly as possible
49:18
so if you right you're gonna be wrong
49:22
and you're trying to like dance around
49:24
it like you weren't really long that's
49:26
gonna be a long conversation alright but
49:28
if you just admit it and eat it then
49:30
everyone was like alright we know we got
49:32
you like there you go alright and then
49:34
you move on with your life right so you
49:37
know I said a lot of bad things about
49:38
aetherium that were technically accurate
49:41
but price-wise it pumped higher and
49:44
faster so speculatively if you--if you
49:48
extended the technical analysis the the
49:51
technical the fundamental analysis of
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