hey guys this is market update so a lot of the onchain data and markets data in this video is showing us that this bull market still has a long way to go and so if that is the case then we remain long and we keep buying for as long as the price is within our own risk tolerance uh and I'll show you some data around this in this video uh plus what is the real trade in crypto right because altcoins are going crazy right now 20 30% Moves In Like days 200% moves over a matter
of weeks right so a lot of altcoins are just reating from their bull market bottoms which is you know great news right so we'll look at that and of the data around that to really understand like what we should actually be doing right now in crypto um so if you do trade check out buybit $30,000 deposit bonus you can just click the link below if you make a deposit and this is the last weekend of the crypto course 21% discount uh so just go into the checkout type BTC I'll link it below and you get
21% off okay so look this is classic uh bitcoin price action right Longs and shorts all getting wrecked essentially so we broke out we we did print 100 trades which is great 100,000 Bitcoin right six figure Bitcoin absolutely insane if you've been around in Bitcoin for a while it's like you know just something we dreamed of right but it's actually happening and this is the first time ever that we actually done it so what do we expect we expect to sell off from that this is just how markets work price Discovery you reach an important
price Milestone you go right through it again right everyone gets humbled and then you actually just over time start to you know test it test it test it and then you really break through with proper spot buying and the asset re rating that's it we are going through a massive massive level and so you have to expect this volatility volatility to happen it's just what will happen in markets when you're breaking through this level but the key thing right now I think is by spot so you don't you're not get because we're in price discovery
which means volatility up and down so if you're in spot you can't get stopped out if you're in leverage you have to be way more careful you're either trading very very short term and trying to scout these kind of volatile moves or you're actually just waiting for a pullback and trying to get in at a little bit of a uh you know kind of a better better level right because this is actually from top to bottom a 133% pullback um you know which is a decent pullback in the bull market but you can get 20
25 28% pullbacks you know if you're looking to take leverage Traders and they're the kind of better areas to get in right because if you're trading breakouts that's easy to get a uh kind of a dump on that breakout as well so like I think we're in the position now where you either just like trade short term and and you're just trading that or you have to just be buying spot for the long term I think if you're in the middle trying to make a bit of money you don't really know what your strategy is
I think that's where people are going to get wrecked in this ball Market now that Bitcoin has crossed 100K it's going to a million per coin and then on from there there's just nothing else that can happen you go from zero per coin literally giving it away and then it's now 100,000 a coin it's not just that though right it's just the the the narrative around it everyone is kind of just coming on to the fact now that yeah Bitcoin is this thing it's just not going away and so if it's not going away and
it's worth 100,000 a coin and it's worth 2 trillion market cap and it's literally just got the most successful company ever created in human history above it and it's still younger than them and it's still got room to go then it's just going to Leap Frog each of these companies one by one and it's eventually going to Leap Frog Leap Frog gold because it is the perfect asset and so you're looking at going from 2 trillion to 20 trillion so 10x 100,000 a coin to a million a coin now that's going to take a long
long time you're going to have bull markets in bare markets it's kind of irrelevant right because Bitcoin is a savings asset we save in it for our retirement that's really the only thing to save for is when you can't work anymore you can't pay for your lifestyle you need to draw down on savings and so you've got this asset the trade of Our Generation which is getting larger and getting drisk and getting a better investment each and every day and you've still got a 10x over our investment time rizon most people are young watching this
video right so from now until you retire this is the thing that will outperform the other Investments that you could make which is property S&P and nasda there's nothing else this is the trade of Our Generation it's the best risk adjusted trade so if we look at this this is this bull market true market mean and Aviv this is very similar to mvrv which I've uh you know often used this tells us Bitcoin has a trend it has a trend rate of growth when the price is above that then mvv goes up when the price
is below it comes down so essentially you're looking at the trend of Bitcoin which I think goes from 100,000 a coin to a million per coin so it's a 10x from here do I care if the price is a little bit high or a little bit you know below the mvrv and the trend no I can just invest in that Trend I can invest in every single point in that Trend and I'm just going to make a 10x from here and then way more than a 10x on all the Bitcoin I've bought previously the only
thing that matters is you don't want to get caught out because these bull markets new entrance get caught out they come in they've not B bought Bitcoin before and they come in and they they think that they have to get you know a lot of Bitcoin now and that's when they start bidding up the price these areas where mvrv Peaks are the areas where Bitcoin is the least affordable and so if you are a bit sensitive on price you don't really want to be buying too much here now the research that I've done suggests that
the only only time you really don't want to be buying is when mvrv Peaks up to this red box everything else is kind of okay because if you look at the actual nominal dollar price of the Bitcoin you're buying at these levels it's not that bad it's only that last like 20% of the ball market in terms of time uh not price cuz it can go up know huge amounts there but that last kind of the the last legs of the bull market things are getting very very overdone so for me with mvv like under
four and Aviv is the same thing you can see it just above my head not even in the Red Zone I just don't see any reason not to keep buying Bitcoin here and even when it is in the red zone it usually hits and hits and hits like this and so we have time so we're not even hitting the Red Zone yet and so I just still think we're early in this bull market now various altcoins are doing really well right now and doing crazy moves and I think I'm not a Bitcoin Maxi I think
that there are investments Investments have uh an amount of growth they have a potential you know ARR annual rate of return over time they have a certain size limit or you know kind of a addressable Market that they can get into this isn't about loving BTC or anything else it's just simply an objective fact that if Bitcoin fulfills its potential it's going to be worth well over2 trillion right in terms of the Premier A1 worldwide Capital asset so if that is the case which is the addressable market for BTC then it goes to 20 plus
trillion and it's a 10 more than a 10x from here in terms of what it eventually gets to and so that's just what I think is objective reality and I think that's the best risk adjusted trade it's not I love Bitcoin or anything else if there are other you know potential assets you can invest you can invest in them too but they have different addressable markets right so I don't think ethereum is World money I just think is money for its system it's collateral for its system and it has a huge addressable Market which is
the tokenization of everything so that makes a lot of sense but it's it's not Bitcoin it's a different addressable market and then you look down the list of others and you think what's the addressable Market here right it's a smaller player within a market that's very competitive and so you're going to get for smart contract chains probably two to three big Winners that kind of sift out from the others and the others are just going to fight away until the death and they won't make any returns I just think that's how the Market's going to
go so I'm not saying investing coins is bad or good or anything else we're in the we're in the time you know the part of the cycle now where you know you're going to get these crazy re ratings of altcoins uh which you can trade and it is a trade right you either invest in assets or you're trading altcoin moves within the peak of a bull market they're very very different the way a lot of people do this is they get into altcoins because they see them moving they want to make money so they're in
the altcoin they don't know the addressable Market they haven't done any research really on it and then the price Dr 20% and then they ask me questions like should you think I should get out because what they actually wanted was to make money but that's not how to approach the market you have to approach the the market from what is actual objective reality which is what is the addressable Market of this asset what would be a relative price for that asset versus other assets and should I buy it or not that's the only way to
approach of course during a ball Market everyone gets in they want to buy things because they want to make money selfishly I mean we want to make money right but if you're approaching the market from that strategy you're going to get wrecked because you're in things that you shouldn't be in or you don't know about or you haven't really come in from a fundament fundamental perspective so altcoins are doing really great right now uh and of course during the latter stages of a Bitcoin bull market which we're in right now very clearly uh then a
lot of them will outperform BTC over that period but is that the best risk adjusted trade for an individual who is just has a job and needs to save money over time this is where I think Bitcoin can get to right here uh over the rest of the bull market which is somewhere around 150 to 200,000 something like that I don't I don't really know I can't predict right we may go higher I don't know I don't know how we're going to get there but this is the latter stages of the bull market and the
reason being is because we have crossed through the previous all-time highs we've hit these new all-time highs this is the latter stages the final stages of the Bitcoin bull market which is typically uh the old season and so for me actually as a mainly Bitcoin investor alt season actually signals the tail end of the ball Market which is um both good and bad because the next stage is for the next bare Market which I think will come so what we need to do is look at some assets versus BTC because what happens is you get
these assets that just go crazy right Tron has just gone like 100% in a week or something right and you think wow I need to get involved or uh you know what's this asset but if we look versus BTC right and BTC is really your benchmark in crypto that is I think the best risk adjusted trade in the world it's a trade of Our Generation it is getting um less risky as it gets bigger right because there is no ceiling to World money right it's not like an app which has amount of people and has
profits it's not a security it is World money and so it has no ceiling valued in dollars and valued in goods and services which become more abundant over time so it's the trade of Our Generation it's the thing now you can outperform it for sure over periods right micro strategy has outperformed it over you you know the last what year or so right alt coins outperform it during Cycles that's fine but are you investing in those or are you trading those this is Tron who's had a huge move recently But ultimately this is Tron valued
in BTC it's not really going anywhere so as an investor why would you buy it as a Trader it's different right if you're trading it and you're thinking it's going to get a narrative and attention over the short time I get it it's not really as it like if you're investing I think the only real way to invest is you've got 25 30 years left until you retire so you need an Investment Portfolio that grows bigger and bigger and bigger over time so that by the time you retire that portfolio is actually der risked and
less volatile over time but you can survive off percentage moves that aren't that big that's the ideal Bitcoin is the trade trade of Our Generation Because by the time we retire 20 years time this thing's going to be even bigger even more der risked less volatile and we are now getting these huge returns it's ideal so if we're investing and look Tron has done really really well versus dollars but if it's a choice in crypto between Tron and Bitcoin it's not really out performing it's literally just going sideways versus BTC and so considering this is
more risky and has more risks associated with it why would you buy it so that's the issue if we look at another coin again this coin has done insane over the last uh few weeks and months right it's just literally gone straight up right you can see that huge move here but versus BTC over time it's not really doing anything and so it kind of you know goes up and down versus this L and R and so as a Trader maybe you can actually search for this and say well if we're in an Al season
then SS are going to outperform BTC for you know potentially the next 6 months or 12 months or something like that however that's trading and not investing and you don't want to get caught and so when you are trading you're opening yourself up to a lot of risk the risk that that move actually doesn't happen the risk that you're in the wrong coin a lot of more specific risks that are associated with individual coins versus BTC so again as an investor over the long term if you're just saying I just want to put some money
away for 25 years time and look at this it's not outperforming and so all of this is kind of irrelevant to you so you have to understand who you are are you just trading a little bit right now for Cycles or are you actually investing and just wanting to put that money away even eth which uh you know is a fantastic ecosystem and extremely strong and very very relevant today this is actually classic of a lot of coins where what you have is this outperformance says the coin is new right so as a coin comes
in it's valued very very low and in relation to bitcoin it's going to outperform as it just kind of monetizes into what its market cap should be for the addressable Market that it's in but since you know 2017 the thing is kind of sideways right you're not again you've got these bare markets where you underperform bull markets where you outperform right and so you could say well potentially you know there's still some outperformance here for eth it seems to be making some higher lows versus Bitcoin right so some outperformance there but it's a struggle right
it's a struggle if you've bought some high and bought some low are you really outperforming BTC you know so the previous charts don't actually mean that much right it's what the price of the thing is now versus Bitcoin uh and what do you think the future 10 15 years would be so I think altcoins can outperform BTC short term but if you're looking at a like 20e time Horizon right then how do they really outperform continually over 20 years because their addressable markets are smaller they aren't well money and so they can't outperform over the
longer term now outperforming over the shorter term you may think well that's great as well but when you are buying things that are smaller they have much higher risk so yes ethereum if you bought in early or if you bought in during these you know bare markets you've have outperformed your BTC but that's ethereum it's literally the best of what it does right it's the market leader by a country mile so if you're going into even smaller coins you're looking at coins that even have more risk and then let's say you buy 10 coins seven
of them are going to underperform so you've got an investment in seven and then three outperform but by the time you've you know you've got your losses from those seven and the wins from the three are you outperforming BTC anyway so I think it matters who you are and what you're doing you can outperform Bitcoin if you're trading altcoins during this part of the cycle for sure but it's exceedingly risky and you make a few mistakes and now performance gets chopped away and I think if you're a long-term investor there is only one logical thing
to do which is just dollar cost average Bitcoin and then if you want to trade 10% of your portfolio or something like that uh trying to you know take advantage of these swings but for the vast majority if you're not a Trader why would you want to do that anyway you can just literally get into the best asset in the world it's obviously BTC it's obviously desirable to trade these assets that move a lot very short term and I'm not saying don't but just what are the risks here right what's the actual risk adjusted trade
here it's obviously Bitcoin and Bitcoin in a bare market right because you're seeing altcoins rate 100 150 200% right very very sharply that's awesome but I'm making way more than that from the trades that I made in the last Bay Market in Bitcoin you I was buying down here at 16,000 right and so I'm making what 450% on that trade so you want to make 450% why not do it in the world's best most desirable asset and not alt coins that don't seem to be outperforming Bitcoin over the long term right what you actually buying
here you're buying the desire to make money that's not good you want to invest in the asset the fundamental strength of the asset Bitcoin objectively is the best thing there's no one talking about a strategic ethereum reserves as much as I love ethereum it's a strategic strategic Bitcoin reserves that's not going to happen anyway but in any case it's BTC that has that nothing else so you want to make 450% it's 500 600% which is going to turn into almost 1,000% by the end of this B market maybe wait till the next bare market and
make sure you're active buying BTC I'm not Bitcoin Maxi it's just objective reality that I'm seeing here and I hope other people kind of agree with me or or not maybe you can let me know anyway 21% discount to the course down below $30,000 discount or deposit bonus to buy a bit down in the description as well I'm James is my G chers for watching and I'll see you the next one