How to Invest in Crypto Ultimate Beginner Guide

So you want to jump into the world of crypto which is great but you really should do it only if you understand what the heck you're doing if you understand the market here's the thing crypto is a huge space and it's Unique and it's some of the craziest things you'll see in investing of course this is a wild west and that wild west while chaotic and crazy and dangerous are also where the big gains are to be had but you need to Have a handle on the basics to make sure you don't end up losing

all your money and that's where this guide comes in this is a crypto rundown for you folks Fus on trading and investing so that you can navigate the market you can stack some profits and you can reduce some risk there are 10 parts in all and together they're going to give you a strong foundation so you need to watch this video whole way through especially if you're new there's so much Information here you can't miss anything so let's start with the difference between Bitcoin and the rest of cryptocurrency and by the way there's a lot

of Basics covered here maybe you'll want to skip ahead to some different topics if you're already familiar with some things but do watch the whole video especially if you're new anyway one question a lot of people ask is will WTF are altcoins you see the crypto story goes all the way back to 2009 when Bitcoin launched it was the first blockchain but over the years there's been an explosion of alternative chains when we talk about altcoins we're referring to these other currencies altcoin simply means an alternative coin to bitcoin basically that means everything that's not

Bitcoin now you might be wondering why not just buy BTC and forget about it well you can do that of course it's the first it's the best and it's gone from Zer to well over $100,000 in 2024 where it goes in the future who knows well here's the truth crypto has made many millionaires and many more investors have made six figure even seven figure gains and yes Once Upon a Time Bitcoin was how large profits were made but now if you want that life-changing money it's not going to be Bitcoin you're going to need to

risk life and limb in the altcoin jungle because there is definitely more risk but don't worry we can char a path here To try to make it a little less treacherous for you as a new invest investor and before we dive deeper into that topic please do note real quick that throughout the video we'll mentioning recommended Partners like bit Unix our recommended cryptocurrency exchange for people globally also we have Ledger wallets which are our recommended security devices right here and you'll also be hearing mentions of our newsletter throughout the video you Can find links for

all that stuff down below in the description thank you for supporting us by supporting our affiliate Partners if you do appreciate this information of course sign up to our newsletter now let's break down the different varieties of altcoins so first we have layer ones these are complete blockchains with their own tokens like Bitcoin except not Bitcoin CU Bitcoin is just Bitcoin right big names here you might already know ethereum Solana They're also newcomers out they Aptos and soie and they layer 2 built on top of some of these things and even layer 3es in some

cases layer 2 blockchains are simply scaling Solutions built on top of things like ethereum to allow for faster cheaper transactions now we're throwing out a lot of stuff here too we're not sort of getting the basics of blockchain and stuff like this we're just talking about investing in crypto Assets in here just keep that in mind Now these things usually have their own tokens by the way and contenders can include arbitrum and optimism bass although bass does not have its own token at the time you're recording this video may never anyway we have layer 3es

it gets really complicated real fast as you can see there's so much going on but layer 3es are built on top of layer twos and they're more app specific things like d gen on base then we have stuff like utility coins guys it's just to Understand the sectors right we have utility coins this is a useful way of grouping blockchains with special utility and I'd suggest three main types to grab your attention here first we have oracles things like chain link that let blockchains pull data in from offchain sources we have storage coins like file

coin that facilitate decentralized data storage and we have privacy coins like Monero that make transactions opaque and untraceable then Of course most popular sector meme coins this is a huge category of the cycle meme coins have zero utility some of them have had a little bit utility on labor generally they have zero utility they really just trade purely on attention and hype and speculation and there's been an explosion of new ones the vast majority of course which are completely worthless while a tiny handful have created many new millionaires the oldest meme coin is Dogecoin shibba

enu is also one of the biggest we have newer contenders coming in like Pepe and dog whff hat and of course memes have been crazy and a lot of Money's been made on memes but a lot more Money's been lost too then we have stuff like gaming tokens these are connected with web 3 games things like Off the Grid or last Cycles big title axi Infinity another category has become super popular made a lot of money for a lot of investors AI coins now currently A major narrative there are several AI related crypto projects probably

dozens or hundreds at this point for being honest the big things that get a lot of attention like bit tensor or the artificial super intelligence Alliance these are bigger players in that space we have a newer Trend picking up steam that's rwa so rwa means real world assets but bringing them on chain think about stuff like treasury bonds or gold or real Estate broad on chain a notable project working that space is Ono Finance then we have decentralized Finance tokens so decentralized Finance or defi is an expansive and complex place and many protocols have their

own native token tokens including Unis Swap and Jupiter on salana aerody Drome on Bas as well as newer entrance like uh Bitcoin Rune tokens and stuff like that now in the last couple years we've seen the introduction of fungible tokens deployed Onto the Bitcoin Network as well with two different standards in operation we have BRC 20s and a newer type called runes again we're throwing a lot of information at you here if you're more interested in these topics you have to go deep dive on any of these topics would be a 10-hour video if we

try to Deep dive everything here it's already going to be over an hour anyway those are some of the most top popular types of narratives right now we also have Social finance apps we have decentralized physical infrastructure Network or deepend coins we have rpcs and data layers and play to earn games and metaverse and just decentralized science it's the rabbit hole goes super deep okay but that covers the basic idea there's alt coins there's a lot of different categories a lot of different niches a lot of different use cases being fulfilled but there are one

more Mega important category to know about And that's stable coins these me tokens pegged usually to the US dollar sometimes the British pounds or Japanese or whatever so they have an unchanging well mostly unchanging value they are supposed to be pegged the biggest being usdc and usdt now you can use these to earn yield and centralized Finance or just to store value in Fiat on chain also worth mentioning of course nft is meaning non fungible token so each single token is Unique and often linked to an image file like a monkey picture the top collections

are things like crypto punks and Pudgy Penguins on ethereum but there's also nft like tokens on bitcoin that are called ordinals salana has nfts basically every chain has nfts and that's the shape of the landscape right now there's a lot going on there are profits on offer everywhere but it's risky and unregulated in many cases and that means you can lose money and about 90% of alt coins will go to zero and a huge percentage of nfts and stuff like that will go to zero in a very short amount of time as well of course

that means you can lose a lot of money like that in fact 90% of the altcoins you're going to see in this cycle are going to go to zero in the bare Market a similar rate as you're probably going to find in the Venture startup World these are after all startups don't be fooled and don't rush in okay and do expect to make Some mistakes in fact one factor often leading to so many errors in crypto is the crazy Pace that things are happening combined with fomo as the market pressures you to essentially act now

risk more bet more actually though that fast pace means there's less need to rush because guess what if you miss one opportunity there's always another bus coming okay you never want to become exit liquidity for earlier investors and buy the hype chasing big green candles It doesn't usually work out very well also there's a lot of genuine excitement and enthusiasm the crypto space more broadly but there's also a gargantuan amount of flying around so always be skeptical always take everything with a pinch of salt remember most people have bags most people have a narrative most

people have a reason for talking about the things want to talk about so keep that in mind okay everyone's got an angle that all said Though we can still stay focused on the positives are there scams on hot air 100% obviously but there are also some incredibly Innovative web 3 companies actively defining the future of Finance which is probably while you're here you want to invest in those and crypto is absolutely the most open and accessible investment space that has ever existed offering a constant flow of financial opportunities for Savvy investors Like You by the

way I just want to take a Quick second going to let you know about the wealth Mastery newsletter I mentioned that a few minutes ago this is by the way the best damn newsletter in the cryptocurrency business so we are trying to help you out to stay ahead of the curve see every week me and my team of researchers we are working hard to bring you guys the latest on not just Bitcoin but altcoins and decentralized finance and meme coins and Ai and nfts and much much more the time recording we Had about 150,000 people

a week reading this and you can start getting it for free it's a fantastic resource to help you stay up toate with what's going on in the market especially new to the market link Down Below in the description thank you very much back to it so let's find out about understanding the Cycles one of the most fundamental aspects of making money in crypto is understanding the market cycles of course Cycles are not unique to crypto Cycles happen in all markets in economics a cycle comes from the time period between two price points highs and lows

for any given asset or sector resulting of course in price action that moves in relatively predictable waves or at least we hope so as for why these Cycles occur it comes down to largely human emotion as markets are ultimately expressions of crowd psychology and sentiment maybe that'll change over time as AI takes over more but the key Drivers right now markets are fear and greed when the overriding emotion is fear of losing money prices fall and there will be a drawn out bare Market bottom eventually coming in as sellers offload risky assets and potential buyers

remain sidelined wa waiting for better conditions and when greed is dominant the opposite of course occurs we see new buyers rushing in everyone's getting rich and you want to as well everyone's eager to grab some upside Everybody else make money must be easy I should get into well holders refuse to sell in expectation of new highs of course which as a result drives the price to newer highs you've probably seen the Wall Street cheat sheet before if not here it is which Maps out the emotional world roller coaster in more detail if you put this

over top of a lot of charts of a lot of assets you're going to find a strong similarity playing out pay attention to it okay we Also have stuff like the fear and greed index which tries to capture General market sentiment knowing all this if we try to look at the bigger picture and to play the long game we can actually profit by acting early and counter trading prevailing emotions and in fact that's exactly what smart money does accumulate during periods of fear holding as sentiment shifts and selling into retail greed they accumulate in accumulation

periods sell during the Markup and distribution periods most investors retail investors only buy during the distribution periods when early buyers are selling to them that said though actually hitting the buy button at the market lows can be tough scary you'll be surrounded by Doom and Gloom pronouncements of the death of crypto the death of all markets everything's going to go to zero everywhere and selling into de greed is also surprisingly difficult as you'll Feel like you're missing out on further gains you're a genius it's going to keep going up it'll double again tomorrow but this

is what trading is all about overcoming emotions and sticking to the plan and if we look at the various phases of a cycle and check the Bitcoin price chart we can actually try to figure out what stage it looks and feels like at any given time and by the way charts are important but as we're talking about psychology gauging feeling Is pretty important too so you should keep tabs on social side of crypto which is mostly centered around X formerly known as Twitter to check sentiment see how people are behaving see what people are saying

see what kind of delusion you're seeing on the timeline today although crypto has some pretty unique patterns the key asset of course is Bitcoin which moves in an approximate four-year cycle correlated with Bitcoin havingsex every four years so we tend to Get an accumulation year an early bull market year a full bull market year with a blowoff top hope y sometimes around the top and then a huge crash in bare Market year but also there are Cycles within cycles for example first Bitcoin moves then Capital flows into ethereum then into other major altcoins and finally

into riskier and more speculative coins and they even further down the risk spectrum nfts and mean coins and all that kind of stuff plus Specific sectors will pump at different times for example AI coins will pump around big Nvidia news gaming coins will pump hard off of some particular game doing well the hot ball of money can rotate around pretty quickly this kind of sector rotation can be pretty unpredictable so it helps to be locked into some crypto socials and get a sense of how attention is Shifting also look out for catalysts that can pump

a certain sector with a good example being The Surge of prices of metaverse tokens when Facebook back in 2021 rebranded as meta all the metaverse tokens took off for a couple of months in that case it was rather short-lived pump highlighting the importance of course of taking profits when a sector is getting too gosh darn crazy artificial intelligence is another great example L of chat DPT kicked off a major AI Trend in crypto one that's basically continuing to go however there are also some Counterpoints to keep in mind here one is that Cycles can be

disrupted and past performance does not equate to Future performance this year we've already seen some unprecedented stuff so 2024 is crazy Bitcoin hit a new all-time high before the Bitcoin having on the back of the ETF hype well previous ly new all-time highs only came months after the Bitcoin having this is almost certainly of course due again to that Bitcoin ETF hype opening up for business And those products may have further disruptive effects from here we also saw things like meme coins running super hard well the bigger altcoins underperformed for a very long time which

is a bit unusual and gave us a period in which a barbell portfolio of Bitcoin and micro cap dog coins was really the ideal setup things me crazy out here sometimes what's more the stronger the consensus that something will happen the more we should probably Consider that a different outcome might actually unfold so for example if everyone knows for sure that Bitcoin will Peak at a certain time at a certain price consider that it might then Peak earlier as Traders decide to front run the crowd thereby actually dragging the peak forward or the opposite happens

and it actually blows past everyone's expectations and catch every catches everyone with their pants down because everybody sold too early finally there Are no guarantees about the future especially with Bitcoin growing in size as an asset although that said human psychology does remain pretty gosh darn unchanged whether we're trading barley or blockchains you see similar patterns playing out now before we get into the best and worst times to buy I wanted to let you know that we also have some amazing courses available if you want to go even deeper learning about altcoins Or Bitcoin or

even how to trade read charts all that kind of stuff you're going to find links Down Below in the description to those okay so now that we've looked at Market Cycles you can see that crypto a lot of it's about timing you need to buy a low and sell High these things sell off dramatically in bare markets so you need to try to identify the best times to load up and you can use the cycle timing more broadly now here are some More detailed signals identifying that it's the best time to buy number one of

course a social signal when everyone says that crypto is dead these are articles about cryptos collapse podcast guests declaring that it's all over pithy tweets as people like a I was right the whole time see crypto's gone to zero but these pronouncements are of to completely misguided Victory laps from people who always hated crypto anyway have missed out on gargantuan Amounts of gains just to be right once every four years during the bare market number two when no one wants to even hear about crypto let alone to buy it is the best damn time to

buy it after the crypto Market bottoms and the obituaries have been written by all the mainstream media again there's the wintry bare Market grind at which point no one even mentions crypto you mention crypto you looked at like a crazy person a pariah tokens will have as much mainstream Appeal as a decaying plag rat but these tumble weed moments are literally the best time to buy okay it's when your brain won't want to but it's when your pocketbook should number three when chart indicators flash oversold signs technical analysis can provide some pretty useful signals so

look out for things like the RSI flashing over sold on the weekly which is more important than the daily daily is more for short-term stuff weekly is much bigger Trend stuff the macd making a bullish crossover after a correction and in the case of Bitcoin you can look at stuff like the hash ribbon indicator which is a free indicator you can find on trading view so these give you a good indication of when it's a good time to buy so learn about about these things number four when the market is ranging at the lows the

Market's crashed it crashed some more maybe even a little more after that prices are now ranging sideways Everyone's licking their wounds it's all bad and terrible but that's the perfect opportunity to start loading up this is the beginning of the accumulation period after the worst of the crash number five when markets break out of the range by waiting for BDC to break out of the lows to the upside signaling the market structure shifting you might avoid some of the risk of further dips now you're not going to get as much gains but you'll probably quite

a bit of the risk By confirming that the market is indeed turning around and even if you miss out the deepest discounts it's fine there's always money to be made and there's still a very long way to go even at this point in the market cycle and it's not an All or Nothing situation when it comes to investing you can DCA into Bitcoin so dollar cost average by 50 bucks a week of Bitcoin for the next 10 years not think about it or just load up periodically during the worst sell-offs And bare Market periods there's

a lot of different ways to approach it so that tells you when to buy but how about the opposite well here are some signals telling you when it's the uh worst possible time to buy or in other words these are signals telling you to sell okay number one when crypto hype is everywhere this is the exact opposite of during a bare Market is suddenly there are articles across previously uninterested mainstream media now Focused on crypto and everyone's getting hilariously Rich prices are Skyhigh everyone's a genius the media is the worst number two when crypto accounts

start posting photos of cars and watches that they're buying from their big gains they just made on their big trades if you start seeing crypto big shops showing off their new Rolexes and betex and Lambos and Ferraris then you are receiving a dazzling sell signal in fact those accounts already sold they've Already cashed in that's where they got the money for the lambo you're already late number three when friends and relatives start asking you about what dog coins they should buy or even worse giving you tips about what dog coins you should buy because you're

under crypto right your cousin you haven't seen for a year fires you a message asking your thoughts on the latest vaporware dog token that already pumped 10,000x should I buy it now can it can it go another 10,000x oh they want to know if they should buy and the answer is probably no they should sell but they're probably not going to listen to you they just looking for confirmation bias number four when the coinbase app is the number one app in the app store of all apps the higher the coinbase app goes the nearer we

might be to a cycle top as retail floods in and you can keep tabs on other crypto apps too including wallets like Phantom or the crypto.com map number Five when technicals flash overbought signals again technical analysis is your friend and can definitively help you in your buying strategies and your profit taking strategies again we have a course on trading to help you identify these things down below in the description so at the cycle top we can look at the monthly RSI if it hits 90 or more the market is getting crazy overbought and it's a

sell signal 100% when you see a bearish macd crossover on the weekly or The monthly definitely is a big confirmation you need to be out of the market that's you're if you're waiting for the macd monthly Bear Cross you're too late macd weekly still a good time to get out also be aware that with newly launched tokens the first hours of trading can be enormously volatile it's easy to get Burns during that period and it's generally not a good time to buy remember that you don't need to fomo into every new thing no matter how

much M shirt might be grabbing at that moment it's usually grabbing that because people are uh all hyped up and excited buying the tops while smart money is exiting and a quick reminder these buy and sell signals mean going against against the crowd the crowd and counter trading your own emotions think about everything I've just said you have to go against the crowd because the crowd wants to buy the top and sell the bottom and that cannot be you if you want to Win at the top The Vibes euphoric man the last thing on your

mind is cashing out and leaving such an amazingly fun party but in the reality the party has to end sometime and it's way better to be out a little bit early and headed home rather than staying and cleaning up the mess the next morning as you wonder well where did all of your money go it's gone now let's move on to the nitty-gritty of how to actually buy now the easiest way to get started in crypto Is simply by buying some Bitcoin and then taking it from there because at first you just need to get

off of zero and start building a portfolio so let's run through the basics here on how you can do that and we're going to be using bit Unix in this example which is a centralized cryptocurrency exchange for those of you in the USA or the UK you're also going to find a link down below to crypto.com which is also a great place to buy and sell the top cryptocoins we Also have a link for buybit down below which is another great option along with bit Unix so got a lot of choice we're going talking about

bit Unix today in this video so the steps are pretty similar for bit Unix as crypto.com and bybit and all stuff so watch along you'll get the general idea of how to buy some crypto so step one you need to sign up you can do that using the link down below plus you'll get some exclusive trading and deposit bonuses if You use that link so go check that out hey so click the link then click sign up to make a new account okay very easy usual basic setup stuff here okay enter your email address make

a password you'll get a confirmation code to your email that you need to then go enter in and your account is going to be created all usual stuff there's no surprises here if you already have any crypto in a wallet somewhere well you can actually then just transfer it over over to your Bit Unix wallet but we're talking about how to buy here okay and in order to buy through bit Unix you're going to need to complete kyc but do be aware at bit Unix you're actually buying through a thirdparty service provider also please note

that bit Unix is actually a no kyc exchange when it comes to crypto trading so if you deposit usdt or Bitcoin or something like that they're not going to take your kyc you know your customer stuff your ID and all that stuff if you Deposit crypto and trade crypto only then no need to do kyc unless you want to withdraw more than half a million dollars a day and if that's you congratulations okay but if you want to buy crypto directly using Fiat like your credit card and stuff like that via bit Unix then kyc

will be required here now to do all this first hover over your user icon and select kyc and it'll go through the identity verification page where you can click verify for basic Verification then you need to select your ID type for example a passport or a driver's license and then fill in your personal details by the way it's going to be the exact same stuff over on bybit and the exact same stuff over on crypto.com okay uh you're going to need to upload a photo of your ID and a photo of yourself holding it and

then you may need to wait up to 3 days for the process to complete now when you are verified you can then go to the buy Crypto tab enter how much you want to pay and in which currency enter the cryptocurrency that you want to buy so for example BTC select a provider and your method of payment and then click buy after which you will need to go through a standard payment process when that's all done the Bitcoin will be transferred over to your bit Unix wallet and that's it congratulations you're now a bitcoiner a

lot easier much easier these days to buy Bitcoin than it was When I started back in the day uh just a couple more points here though first is that you don't have to buy Bitcoin coin bitcoin's great I love Bitcoins my biggest portfolio holding but there are multiple coin options out there to buy including salana which we're going to use in the next section and you can also buy stable coins which again are those tokens that are pegged to a Dollar by holding stable coins basically have cash on chain ready to trade for crypto Whenever

you like which can be super useful by the way to have some extra stable coin just sitting around also be aware that you're still not actually holding your own crypto in self- custody and send the exchange is actually taken care of it for you which is fine for smaller amounts or if you're actively trading on the exchange it's okay you need to have money on the exchange to be trading but if you're holding for longer term or you have Big C profits do a cash Out in Bitcoin then you can transfer it over to a

hardware wallet like a ledger link Down Below in the description of course these are fantastic wallets and a great way to hold any serious amount of cryptocurrency for the long term and if you're interacting on chain you'll need your coins off of The Exchange as well and to put in your wallet on chain means instead of trading on a centralized exchange you're actually trading across blockchain networks but we're going to Go through that process in the next part so hold on for that now if you're keeping your coins on the exchange then make sure that

your security is strong by going to the security page and setting up the Google Authenticator meaning you'll need the authenticator app on your phone along with any other additional security features that you want to have active going a little deeper another way of buying is to actually invest in token sales at the Launch before the token is listed on exchanges now this this kind of early investing can offer potentially very substantial returns but it's also risky and you need to fully research new projects in terms of before you invest and to be honest for the

most part regular investors are not able to get into these things look if you're investing any kind of startup you have to spend a lot of time researching before you put your money on the line Here also there's a lot of regulatory barriers depending on where you're based again meaning that a lot of people cannot participate certainly not if you're in the USA at least based on current regulations there's also so minimum limits of how much you need to invest now if you're interested in exploring this route then my suggestion would be to go to

the coin list platform again not for us people or Canada or even the UK because your Regulators love You so much they want to protect you from getting into early startups but anyway the coin list platform lists a lot of early coins salana for example was a coin list pre-sale there's also cify which is especially focused on web 3 gaming a platform called Bas VC which is aiming to open up early stage investing to retail participants and a lot of other stuff F Foundry and quite a few others but coin list has had the best

over time so let's look at moving Your crypto off the exchange so you went you bought some crypto now what okay let's get on chain which means let's use blockchain networks to actually do stuff on crypto right holding High conviction coins is fine but there's a lot that you can do on chain and for example let's focus on salana including how to use the salana wallet Phantom and the salana decentralized exchange Jupiter this is where you find all the early stuff by the way if you're waiting for things to Get listed on a centralized exchange

you're late okay first you need some salana but as mentioned you can buy this on bit Unix in the exact same way that you buy BTC but instead selecting Soul instead of BTC when you make the purchase then we're going to send soul from The Exchange to our own Solana wallet so of course you'll need to set up a wallet first and the Top Choice on salana is Phantom so you can go to Phantom p n t m. a and select a desktop Browser version or a mobile version depending on what you want to do

you'll be taken to the relevant Web Store once Phantom's installed open it up and select create new wallet you're going to be set a password here which you'll be using all the time but the other very very important thing that is unique to crypto and is a bit of learning curve for some people is that there is a secret recovery phrase also known as a seed phrase this will be generated Automatically for you and this consists of 12 words sometimes 24 words on different wallet providers and need to write them down in order and then

store them safely because that phrase and only that phrase allows the wallet to be restored on any device that can download the Phantom wallet and you alone are responsible for your own wallet so take that 12 words make a second copy of it and put those somewhere very very safe where only you know where they are and Only you know what it's about okay so with Phantom set up now let's open it up click on salana and click on receive and copy your new salana receiving address and back on bit Unix or whichever exchange you

choose to use whether that be crypto.com or buybit or whatever go to the withdraw page select salana make sure you're definitely on the salana network okay paste in the salana address you took from Phantom as the withdrawal address and then select the amount that You want to transfer and send it across and it'll be there in a minute or to now that salana will appear in your Phantom wallet again after a minute or two and that's it congratulations you're now on chain right you're looking after your own crypto in your own wallet and you can

now actually use that crypto to interact on chain so let's do some of that if you want to stake your soul to passively earn more Salon you can actually do that in the Phantom wallet By clicking where it says start earning soul but let's actually connect up now to a salana decentralized Exchange called Jupiter to get an idea of how that works so Jupiter lives on the salana blockchain so when you trade on Jupiter you're trading on chain from your wallet right no centralized players just software so go to J.G click on connect wallet and

we'll look at how to do a simple token swap in the swap tab you just set a trading pair For example soul and whiff which is wi dog whff hat and set the amount that that you want to pay click Swap and you'll then need to confirm the transaction in your wallet in fact get used to confirming transactions like this because that's something that you have to do all the time when you're interacting on chain because that's how you confirm the transfer of assets from your wallet to another wallet or to make an exchange or

whatever else you might Be doing something to also mention here is something called slippage which means the variation between the rate that a swap goes through at and the rate when you initiated the swap so for for example an order placed at a $100 but filled at 105 has a 5% slippage rate the more liquid a token is meaning the less money available on either side of the trade here the more slippage is likely to occur so if you're trading very very small M market cap meme coins you might Need to increase the slippage threshold

although that means that you're increasing the amount that you're willing to pay okay now to adjust slippage just click on the percentage number above the main swap interface in order to open up the slippage settings then of course you can either select a percentage or enter your own custom amount and then click on save settings now you don't want to make a very big slippage setting is you're just To open yourself up to losing money all the time generally you want to keep slippage pretty tight like 1% or less but in some cases for very

low cap coins you might be willing to take that 5% slippage hit there are many other features on Jupiter that will be familiar to regular Traders as well we have things like limit orders we have dollar cost averaging which is very very useful if you want you know set up an order to buy something every hour over a Week for example we have Perpetual swaps trading and of course it's up to you and how deeply you want to explore all the facilities and offer here but the point is that you now have access to the

huge numbers of Salon based altcoins that are being bought and sold every every day and are some of the most popular coins of the cycle now if you go to a platform called Magic Eden you can actually trade nfts too and Beyond these protocols you have the entire Solana ecosystem to Explore with literally probably thousands of daps at this point and that's just salana you might also want to dive into other places we've just covered how to get on chain with salana but we have things like the coinbase base Network and that requires a whole

different setup you have to buy ethereum put ethereum on your wallet maybe you'll need a different wallet now the Phantom wallet does support base but there's other networks that the Phantom wallet Won't support so you might need to get a different wallet okay still though I hope the salana example is very useful for you and gets your toes into the water and then you can start thinking about how to set up other wallets like starting to use Basse via your Phantom wallet so now we know when to buy how to buy how to get onchain

but that leaves another very important question now that we're here what do we buy well there are a huge number of tokens to choose from In fact there are now more coins than ever before and it's getting crazier every day as recent data shows incredibly over a million new tokens have been deployed since April in 2024 and it's got so crazy some days we have like 50,000 New Meme coins a day being launched it's just nuts a lot of that activity comes down to the ease with which New Meme coins can be launched takes a

minute or two now there's a new salon of platform called pump fun that Allows for cheap instant deployment of New Meme coin tokens but still those are just crazy crazy numbers and they really underline a very important Point here and that's that the vast majority of the tokens out there are straight up trash man they're either going to go to zero very very quickly sometimes within minutes or hours or just really never get off zero in the first place okay for a lot of you guys coming in you're going to be better served by actually

just Sticking to some of the top stuff top 100 coins are still going to make plenty of money okay you don't have to win the lottery by being the guy who gets the next big meme coin you need to be a bit picky okay so when building out your portfolio you should consider which sectors you want exposure to how much risk you're actually willing to take you know if you're getting these low cap meme coins that's a very tiny percentage of your portfolio probably for risk Percentage right it means thinking about future development it means

which narratives are likely to run then trying to ask yourself which coins have real value and are likely to pick up a lot of attention within those niches that you find personally interesting and of course both of these characteristics combined is ideal but remember we're not buying coins to hold forever we're not marrying these bags the only coin to hold forever is Bitcoin But with altcoins we're asking which ones can pick up Traction in a bull market so we can sell for good profits Our intention is to buy low or low enough and then sell

high or high enough okay okay we already looked in the first section at the different altcoin categories so now let's run through how we might actually organize a portfolio but keep in mind this is simply to get an idea of how to approach the planning part of making your portfolio so first Uh just keep in mind this is not this is not exactly how you should build your portfolio right you'll have your own way of approaching it but this is a framework for you so first major layer ones right in that case eth is the

number two crypto after Bitcoin it's got ETFs all that kind of stuff then we have salana there's so much happening over there probably going to have ETFs maybe even by the time you watch this video there's other stuff out there too like The telegram open network or the Aptos blockchain a lot of great choices Avalanche you know super great quality blockchain getting a lot of hype this cycle now for layer twos something like Bas looks really great but it has no token then we have other things like blast which is new and maybe has a

lot of room to grow and run there's arbitrum and optimism but these tokens have as Investments have struggled to maintain a lot of value for investors so you have To actually dive in and think okay well what's going to drive people to buy this token in the future that's where layer ones like aptose or sooie or salana become more interesting than a lot of these layer 2 plays okay so we're going to look at layer ones so put some layer ones in there maybe want to get some utility tokens in right something like chain link

right really solid play for exposure to decentralized finance huge selection of protocol tokens out there a And uh stuff like this as well we might want to diversify across chains so maybe want to buy some aerody Drome over on the base chain maybe we want to buy some Jupiter or some radium on Solana for some more defi exposure stuff like this right so big big cap stuff here as for narratives that have a bright outlook for the cycle maybe you're really into artificial intelligence so you want to put 10 or 20% of your portfolio into

AI coins maybe you're big on the idea of Real world assets so you put 10 to 20% of your portfolio into that maybe like a few meme coins you put 10% of your portfolio in there so for AI you look at big things like bit Tor gaming you know you look at uh beam or new players like Off the Grid whenever it launches and if you don't have the time to research specific titles of course you can pick up tokens from the gaming ecosystem more broadly if you know obvious you can't find a particular game

that's where Something like beam comes in which is more of an ecosystem play for exposure real world assets maybe you're looking at Ono finance and for meme coins I mean you're spoiled for Choice obviously but some of the big ones that are the big players the cycle and likely to survive things like dog with hat right so your portfolio will break down into a few different places you know maybe it's 20% in Bitcoin 20% in big layer ones 20% AI 20% real world assets and then like 10% Into meme coins and 10% into defi for

example you don't need 20 coins from each of these niches by the way you can just have two or three coins from each of these and do totally well by the way also there's even stuff you can just go so deep right there's stuff like the runes ecosystem on bitcoin there's nfts that you can be buying there's crazy amounts of things but again exposure to any of these niches you probably just need two or three Tokens okay now to initially find tokens by sector you can just go over to coin market cap or coin gecko

these are the top data aggregation sites in crypto you can select a specific category so okay I'm going go shopping for some AI coins I'm gonna make a short list of 10 coins that sound interesting so go there click on their AI category and start looking into the different coins however as I've said though what I've gone through so far it's just an overview an Example to show you how you might want to start looking at okay what sectors interest me how much do I want to put into what sectors and which coins from those

sectors do I want to put money into do I want to just stick with safer big cap coins or I don't want to take lots of risks and find low cap coins now later on I'm going to give you a couple of more detailed before examples so stick around for that but first let's focus in more detail on exactly how to Find good coins within each altcoin sector of course there are so many coins on offer that you might actually be wondering how to actually try to pick out good ones and how to avoid the

garbage first of all let's be clear that some of these coins just they don't need to exist okay there's a lot of tokens that have absolutely no reason for existence do you notice for example how coinbase's base network is doing pretty great without a token right and there Are cases where tokens simply act as a vehicle for speculation like mem coins right however as long as we recognize that fact then it can be okay tokens let us speculate to be honest we're here to speculate aren't we but in general when we're evaluating a coin here

are some factors to look at that can help put you more on the winning side of the equation Beyond just spraying and praying and hoping that other people are going to speculate on the thing you're Speculating on number one is tokenomics this includes details like the token Supply how it's released uh we could say that Bitcoin for example is ideal there's a fixed Supply no pre-allocation fair distribution at a constant rate through Bitcoin mining with altcoins you get all kinds of setups and the picture is a lot murkier there might be an unfixed supply ethereum

for example has an unfixed Supply although it's technically uh reducing its Supply It's a different story there are a lot of pre mines meaning that early investors receive a large amount of tokens they just print everything on day one and hand handed out to a group of individuals who were early investors for example there can be token unlocks that release further Supply in very large amounts sometimes that can affect the price in a very negative way in the short term staking rewards are another way of Distributing tokens but these can Be set in again a

number of ways there's many different staking mechanisms way to delegate your coins can you do it through a wallet do you need to run a node all these kinds of questions and look out for red flags too such as coins being released too quickly meaning that the project team might actually cash out and dump the price and this happens all the time in crypto so you have to be careful okay a lot of a lot of Fly by Night teams out here who are just They'll launch something but they'll also just make millions and run

away or staking rewards that are just set too high increasing the supply too quickly more quickly than it can be absorbed by the market demand also check the circulating Supply versus the eventual total Supply so you know how many more coins are to come to the market if you're buying something that has a fully deluded valuation of$ 10 billion but the current market cap is only 30 million Because only a tiny tiny fraction of the coins are out that that's a problem you're going to be dumped on relentlessly by early investors okay you should also

get an idea of how many coins are in the wallets of the Venture Capital funds who might want to sell to realize profits in fact they need to sell to realize profits they need to know what their vesting period is when the big unlocks are coming there's a lot to learn here okay meaning the period During which these coins are locked up and can't be sold that's the vesting period by the way above all all of these uh points relate back to one rule supply and demand is there enough demand for supply and coming Supply

you're basically checking how this Supply will evolve over time while assessing whether that demand will continue to be sufficient for the incoming Supply which is not always going to be true in fact often not true in crypto number two burn Mechanisms and staking so relating to tokenomics a burn mechanism is when tokens are permanently removed over time reducing the total Supply while staking requires tokens to be locked up also reducing available Supply now keep in mind that Supply reduction can push prices higher if enough demand and is present and of course if the burns actually

are meaningful a lot of things have burn rates that are just abysmally small because there not a actual demand For the protocol or the token number three utility what are the tokens actually for and is there actually much interest in any of this for example ethereum and salana have onchain utility for paying gas fees or for example you can find some gaming token that's used as an in-game currency but you have to ask yourself does anyone actually need that in-game currency is there actually a reason for this token to have any kind of demand in

the future right ethereum And salana they're gaining users they do well people need their tokens to do stuff on chain but is anyone going to play that web 3 game that you're looking at and really need those in-game tokens another utility of course is governance token holders make it to vote on protocol decisions but in reality the majority of holders might have no real interest in any kind of involvement most decisions are made by VCS and the team anyway and buying governance tokens Usually a losing proposition in most cases there are some governance tokens that

do pay money but if it's pure governance not interested number four solid Tech that solves a problem now this is arguably the best kind of utility the coin that actually does something cool crazy idea right and this bracket might put something like Oracle chain link or potentially some of those real world asset projects number five project documentation now may sound Obvious but check how the project actually works what's actually scheduled coming on the road map by taking a look over the documentation that should be publicly available for any serious crypto project except mem coins but

not really serious are they even meme coins have road maps come on Other cryptocurrency M taking a look at the documentation you find out what problems the project is actually aiming to solve you can also assess the general Character of The Venture is it academic is it corporate is it left field is it just a marketing BS stunt wild future claims we're going to take over the world in five years and all real estate everywhere is going to be onchain on our platform number six the team and the partners again sounds simple but check out

who's actually behind the project what are their CR credentials what's their background if there are Partnerships in place have the major Venture Capital firms committed money to this if not why not okay check whether or not these people are legit or not just another you know project using some other company's product and its Tech stack so some many companies will see like we're working with Amazon yeah you've got your stuff hosted on Amazon web service dog that you ain't working with Amazon okay also try taking a look at crunch base to find out about financial

backing and investors most Projects are listed there number seven hype mind share and verality remember that sometimes garbage can pump while good quality Tech Falls by the wayside and this often comes down to the attention game if a project grabs mind share it goes viral prices can pump regardless of any fundamentals and that's part of the hypocrisy of crypto you have to deal with okay dumb crap pumps all the time while your very solid Tech coin does nothing Also let's Quickly mention meme coins here which operate entirely by Design on hype and verality in that

case tokenomics are still relevant to some extent and knowing who's behind a coin can help uh also help to avoid scams obviously and there are times when a Founder brings or builds a real Community a couple of good examples of this being uh the book of meme on Solana or dog on bitcoin both meme coins you just don't need to care very much about utility and white papers And what they're doing is none of that crap really matters just is the hype there is the attention there and can it go up based on attention and

hype so with all that said we can start finding some strong coins but crypto in fact really any kind of trading always involves some kind of Hazard so it's important that we also know how to manage risk look crypto can offer some crazy gains huge upside potential but the flip side is the risk of huge losses Too however some forward planning you can actually manage those risks and here's a reminder of course of why that's so damn important see every time that you make a percentage loss it takes a great greater percentage gain to get

back to break even okay so a 20% loss requires a 25% gain to get back to break even but an 80% loss requires a staggering 400% gain to recover do you think your coin's really going to do that you can See why we want to keep losses to a minimum you manage your risk or the market will manage your risk for you and the market is ruthless very efficient completely merciless they don't give a crap about you in your bags which sounds scary so what can you do you have to defend yourself you have to

manage your risk and there are several ways that you can protect yourself and to begin with you should make a damn plan don't just leap in and start buying everything that You see mentioned on social media in and out of Trades chasing candles you're going to get wrecked real quick use everything we've talked about so far to consider which sectors you actually are interested in which tokens you actually think are worth buying and have value and you can of course Journal your trades too what are your entry points what are your exit Point hopes right

how much you're allocating how much risk you taking at what point would you be Willing to cut it at a loss all of this stuff needs to be kept in mind keep organized okay because another issue is that it can get really difficult to track assets when you've got just oh so many tokens multi mulle wallets multiple exchanges multiple blockchains it's a mess okay keep it neat and tidy or as neat and tidy as you can it's always going to get crazy especially when you start getting the altcoins but just try plans don't always go

as intended but This way if events steer off course you're better prepared to respond and to learn also consider your risk tolerance now this depends on of course personal circumstances everyone's going to have different approaches to risk if you're 19 years old with no dependence no mortgage and a few thousand bucks to burn you can take the hit man you can lose everything bounce back later you'll be fine right or are you married with kids paying off a house and you don't Really have a lot of extra cash floating around you're probably not going to

want to take a lot of risks in that situation look there are infinite other life situations there's two the more extremes right so the point is how far along the risk curve do you want to go bitcoin's the lowest risk you take more risk the further down you go nfts mem coins all that stuff very very high risk and a good point about crypto is that a lot of risk variation is possible from a Portfolio that's 100% Bitcoin to a stack of nothing but meme coins or more likely something in between with a relatively safe

core of Bitcoin and ethereum and salana maybe four or five other sort of Big Blue Chip coins and then some you know degenerate trades at the edges on nfts or mem coins with a much smaller percentage of your stack ultimately you should never trade with what you can't afford to lose crypto is risky you could get hacked you close Everything tomorrow like that and that's going to depend entirely of course on the individual situation once again relatedly there's something called position sizing now crypto is risky but it's not equally risky across the board so how

much you put into any one given token probably should depend on the characteristics of that specific token I would have no problem being one 100% in Bitcoin because I can sleep well at night knowing that I hold 100% Bitcoin And if you have something like uh 95% of your Holdings in Bitcoin and 5% in some catcoin you'll probably be fine but if you have 95% in the cat coin 5% in Bitcoin you're probably going to wake up sweating and going oh my gosh am I going to lose everything what's going on it's too much risk

in addition there are wallet an app and exchange risk is so again to keep secure use a hardware wallet for sizable Holdings like a ledger find a link Down Below in the Description no seriously these are great you can then also have multiple hot wallets for interacting with different decentralized applications and use burner wallets even containing minimal amounts of crypto in case you approve a bad contract or get hacked or something like this look it's very easy to create new wallets so use as many as you need to stay safe okay and keep your core

Holdings behind the safe walls of a vault in a hardware wallet remember that Anytime you move coins to a decentralized protocol or to an exchange you are taking risks just because these decentralized Finance Protocols are operable doesn't mean they won't get hacked doesn't mean that rug poles won't occur doesn't mean the mismanagement doesn't happen doesn't mean the bankrupt IES happen okay all that stuff happens these are all risks you need to weigh okay you don't want to keep your money sitting on a centralized exchange either They're for trading they're for buying and selling get out

move your stuff again to a hardware wallet also be careful when signing wallet transactions because a wallet transactions irreversible it's mutable put on the blockchain and you always need to make sure you're on Legit sites and not scam versions which will try to get you to approve scam contracts and steal all your money basically stay on high alert at all times you're not being paranoid Enough okay there are people whose full-time job is to steal your money let's pick up on a couple common mistakes that can lead to Big losses and first of course is

trading without knowing what you're doing now crypto is global it's a 247 Market with almost no barriers to entry it's very exciting place to hang out but it's also very easy to start trading without any prior research and not knowing why tokens are moving up or down really at any given Moment but from there the Market will quickly get to work okay and start redistributing your funds over to traders who have done well bit more preparation than you did remember it's a very tough market and it's player versus player and there's a lot of people

who have a lot more Technical Edge than you do the good thing about this point though is that you're here watching this video so you're already on the right track and you're already going to be Ahead of a lot of people who don't have this knowledge one more error often made by noobs is of course chasing the market this means that instead of buying in early or during dips and then selling into greed you're doing the exact opposite okay you're chasing after every Green candle every big pump you're buying the top on every hot coin

of the week only to see the prices reverse you're not being patient you're not holding your conviction bags this comes Down to fomo and to counter it again you need to make a plan early ideally and stick to it the plan helps keep you on track well accepting that some opportunities are simply going to end and inevitably will pass you by you're not going to catch everything you're simply not so disabuse yourself with that notion but don't worry because again there's always New Opportunities there's always something new happening try to be on the next train

not the Train that's already left the station there are times when all you have to do is just be patient and preserve your Capital there's a lot to be said for just preserving your capital okay play the game of don't lose money by the way there's another a huge common and critical mistake which of course is not taking profits something probably hear banter on about all the damn time my videos that's one that's so important we'll cover it uh separately later and Next up let's look at portfolio building now with everything we've covered up to

here we can now address the practicalities of really building a portfolio I know we gave an example of that a bit earlier but now we're going to really dive into it and first we need to keep in mind Five Points one functionality what is the purpose of the token that you're buying does the tech actually solve a particular problem or are the tokens just trading purely on Attention that can be fine but you need to understand number two Market opportunity is there actually room in the market for the project to grow is the market cap

valuation so insanely High there's not much upside left is this actually a popular Niche like AI coins have great potential because AI is very very popular whereas a lot of like social fi coins are not very popular because it's not a very strong Niche so what's the upside potential we want to Focus where everybody is focusing that's where the money's flowing number three adoption is there going to be growing future demand for whatever the project you're buying is building huh think about that does already have an Engaged Community how's the community growth looking what's the

onchain token growth looking like number four tokenomics does the token distribution make sense for you how will the supply and demand Dynamic develop in the future and again I know we' kind of covered some of stuff already and this is sort of the tldr version of it but it's very very important so please keep these things in mind number five how is the project managed do you have confidence in the team behind it have they shown themselves to be actors do they take criticism or are they just pieces of don't don't invest in projects from

pieces of crap okay then think about your risk tolerance as we talked about This depends on your personal circumstances but can also depend on how much of your total Investment Portfolio is actually taken up by your crypto portfolio it's an important point right is your total investing portfolio you got stocks you got real estate you got gold and maybe only 10% of your total investments into crypto maybe you're 100% into crypto that's fine too but just understand where you're positioning crypto in your wider in perspective and If you're all in on crypto then you might

want to have a more conservative crypto stack okay on the other hand if cryptos only say 10% of your larger portfolio then maybe maybe you've got a little more space for a bit of risk in here with maybe a bigger percentage of your portfolio than you would have taken otherwise and it follows that you may be comfortable with coins further out along the risk curve obviously that's for you to assess for some of you guys just Investing in Bitcoin is going to already be risky enough in a portfolio that's just S&P 500 and US Treasury

bonds right but let's run through two possible portfolios a safer one a riskier one so first let's make a conservative portfolio focused on big cap coins we're going to include Bitcoin of course as our main holding as it's an asset that I feel comfortable holding regardless okay through whatever crap the market can throw at it Bitcoin tends to be just Fine we also want some ethereum here as it's kind of the silver to bitcoin's gold if you will and at the time of recording ethereum was only the second uh asset to have an ETF in

US markets we'll probably have others coming soon like salana and the other large cap I'd want to exposure to is indeed salana which is a little more volatile than ethereum Bitcoin but has been a dominant coin this cycle pushing forward in terms of new development and user adoption and With plenty of upside potential left as a you know top five layer one coin that in itself is a simple solid portfolio to be honest might be enough for a lot of people but I might want to add in some of the other current big narratives so

let's say 40% Bitcoin 30% ethereum 20% Salon but then I also want exposure to Ai and real world ass put 5% into to and 5% into the Ono token now I've got exposure to two extra niches in the crypto market so that's good now let's Go for riskier approach we're not going to go fullon hardcore D just aing in every meme coin possible we'll include more mid and small cap coins again we still want to have a little bit of Bitcoin a little bit ethereum a little bit Salon we're also going to add in a

couple of smaller layer ones so we're going to look at Aptos and the telegram open network then we're going to include newer layer 2 exposure get something like Blast for example we're going to Get exposure to Defi and base at the same time through the aerodrome token which is the aerodrome decks token Ai and gaming they're big interests of me so we're going to throw some bit tensor towel in there we're going to throw some beam in there and this time I'm throwing some meme volatility into the mix so I'm going to grab myself a

bag of Pepe as well as for allocation percentages 15% of each on bitcoin ethereum salana Aptos and telegram open network 5% each on Blast aerody Drome bit tensor towel beam and the Pepe meme coin this Le us away from the riskier tokens a little bit or maybe could say 10% each on everything would shift you towards a higher risk setting as you're taking a little more risk on some of those riskier plays within the portfolio so you can see how a risky portfolio is depends not only on the coins you pick but also on how

much you choose to allocate between larger and smaller Cs and to be honest even our Riskier portfolio example here is still relatively low on the risk Spectrum don't we people who just go all in on coins that are under hundred million market cap and that's like much riskier or your only only focusing on trying to find the next big thing in the meme coins you're only buying things that are less than a million dollar market cap now just to be clear these are example portfolios to demonstrate how you can adjust the makeup of your Holdings

to Create a cryptocurrency exposure that's riskier or a little more conservative depending on your own circumstances and aims within your own investing life but there are infinite different personal approaches that you can take towards portfolio building and yours is going to have your own personal touch on it remember also that a common mistake is to hold so many different tokens that you just simply cannot keep up with or track all of them very Calon mistake so It can be best especially at first to opt for a more minimal approach keep some good cash of stable

coins on the side okay five coins you're going to easily be able to keep tabs on that rebalance when necessary 50 coins you're not going to be able to unless this is like your full-time job plus maintaining a portfolio that's easy to manage means you'll be better repaired when it comes to an absolutely crucial aspect of cryptocurrency trading which we're Looking at right now and that is how to take profits I've made many many videos on the topic best time to sell strategy of taking profit Etc but this is an overview to steal from some

of that information so if you don't take profits from the market the market is going to take them back from you cannot stress that point enough bare Market will come and everything's going to go down most of these altcoins are going to go down 99.99% you have to take profits This is Highly speculative stuff we're investing in here which sounds easy I'll just buy low and sell high but it can actually be a lot trickier than expected for a few key reasons number one you're not sure whether the top is actually in when it's time

to sell you're questioning your your timing but here's the thing you're almost certainly not going to sell the exact top and that's completely fine if you took profits and the price moves a little higher fine don't worry about it It was a successful trade and you made money remember no one ever went and broke taken profits number two you're trading emotionally in a Raging Bull Market it's so easy to get caught up in all the BS the Euphoria thinking that you're a genius you're not a genius just the bull market sorry to bust your bubble

here but until profits are lock in you haven't made a single penny that screenshot on your phone it ain't worth man so wait until after you sell Before you celebrate and if you're ever feel like showing off your gains before they're realized probably the moment to consider hitting sell number three you don't have a plan with no plan the Market's going to eat you up and you're more likely to roundt trip all of your gains because you haven't set any Targets or considered any ways of selling which will come to in a moment number four

you're not confident in your ability to find another trade you got on You got a winner and you're going to keep riding that one forever it's all or nothing on the current positions that you have if you think like this you'll be reluctant to sell because then it's the end of the ride well you do need to get off the ride at some point because the bare Market will come keep that in mind but there's always new trades out there there's always New Opportunities you can short the market you can find new mem coins whatever

selling for cash Is an active trade in itself by the way and there are times when it's the best asset to be holding on to you need to think of it like that okay keep those points in mind because being in cash is also a key trade at certain points in the market let's look at some top signals first we have the pi cycle top indicator which the free indicator you can find you're looking for here is for the 111 day moving average the orange line on the chart to cross above the Green line which

is the 350 day moving average multiplied by two this crossover indicates that the price topping or at least it's worked so far has been pretty damn accurate so if you sell when that happens you're probably going to get enough profits will it remain accurate now that Bitcoin is a larger asset now the ETFs are on play I mean no one can be sure well I don't know the future do you be great to if you do let me know next we have the MV rvz score which Again has been pretty effective up until now here

you're looking for that orange line the Z score to push up into the Pink Zone The mvrv Zone because that indicates that the market value has greatly exceeded the realized value for the asset meaning that you're in an overheated Market previously this has corresponded within two weeks with the top of the market cycle but again again there are no guarantees it works forever and one more Signal this time on the price chart is Bitcoin dropping below the 50 we exponential moving average you can even probably really say the 21 we exponential moving average 50 weeks

definitely a confirmation things are pretty cooked price can test this line through a bull run by the way but when it loses it decisively further downside is on the way this is a late signal means we're past the top when it confirms it's it's over it confirms time To cash out wait for the next cycle to start up another good one is the weekly macd this comes a bit earlier than those other signals um not the Pyle Pyle is definitely the leading one you need to pay attention to when you see the blue line cross

under the orange line then it's time to get out for Bitcoin now you won't perfectly get the top in this situation it'll be a few weeks late but you'll also definitely get out before it's way too late so you'll sell at 200k Instead of 250k but you're not going to ride it down to 100K or 70k or whatever it might be you can also be tying this all back into those fouryear crypto Cycles keeping track of when we should be hitting the top and there are social signals that will come to your attention to as

mentioned earlier there's stuff like the coinbase app climbing up to number one in the App Store rankings they'll be greed all over the timeline again these are things you should paying Attention to watch the social situation it's also very important as as important as those technical indicators suggestions that we're in a never- ending super cycle it's going to go up only you know a you Bitcoin gets a 250k for example and people are going to say well it's only going up to a million now people keep moving the gold posts that being said Black Rock

is now a major player Bitcoin is becoming an asset institutions will buy and hold meaning There will likely be new kinds of top signals coming in the Market's always adjusting it's a very Dynamic place maybe um headlines about corporate treasury stocking at Bitcoin and Sovereign wealth funds buying Bitcoin and all this kind of stuff following coin bases lead in 2021 more crypto company IPOs stuff like this and one other point some of these signals can actually flash at various times throughout the B you want to look for a Confluence of many of them happening at

the same time okay that tends to be at least a local top if not the top okay and certainly if you see a majority of these things flashing then time to start heading for the exits guys although before that happens you should have already thought about how you're going to sell ah can you just offload everything all at once somewhere near the top I mean that' be perfect right sure that might work for you but in Turns uh selling into a really big high stakes decision a different option might be just to ladder out meaning

that you take portions of profit out in intervals on the way up okay so every time bitcoin's up I don't know there's so many different ways you can do it right but it would typically involve selling percentages of your bags at certain price points or after certain percentage Point moves thereby locking in profits while maintaining exposure to the market Meaning this can be a very stressfree method for taking money out of the market for example your litecoin's up 50% you take 10% out up another 50% take 10% more out and you keep doing that again

and again again until you think the Market's approximately cooked also don't forget about taxes unless you live in a tax Haven or country or something like that capital gains taxes are going to be part of your trading package you should also include taxes into your Personal calculations and remove and put aside funds to pay for tax when you close trades it's not sexy it's not fun but you're going to have to do it making sure that you're not trading with the money that you're going to need to pay for your final tax bill because you

will screw yourself super hard okay finally you can also start to think about how to diversify your gains now the question here is basically what are you going to do with all that money that you made in Crypto buy more crypto probably not a great idea in front of a bare Market when a crypto bull market has run its course you need to get out and be in cash okay you can keep your Bitcoin multicycle of in question all the altcoins you need to sell those damn things okay keep in mind that to before you

start diversifying with all that cash you just got right concentration can build wealth be and crypto build wealth diversification preserves it okay So you might want to have a nice Bitcoin stack that you're never going to sell but maybe you're also going to say okay I made a great bunch of money on altcoins let's buy some real estate let's buy some gold let's buy some stocks right now you Diversified out now you're not going to go broke now you're not going to lose at all keep in mind that for lower risk plays dividend stocks are

a little more conservative option or just simple index funds as Opposed to going straight into Tech and high growth stocks which are probably going to experience a market around the same time that crypto experiences bare Market you can also simply stay in cash and take advantage of high interest savings accounts you can do the same with stablecoins but there are a lot of protocol risks if you're using crypto platforms to earn yield and that's probably not a great idea during the bare Market because that's when things Break also you can opt for a very lowrisk

approach while the market is hung over after a bull run and then start switching some Capital back into crypto after prices have hit their Rock bottoms and the Cycles are again looping back around to the start really until then though DK thank you for watching I hope that this video has been useful hopefully a bit of fun and that it's going to help you put you on the right track to making truckloads of money in Crypto thanks for watching