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Hello this is Matt on the moon Lambo Channel the last 24 hours or so have Been pretty exciting right uh Bitcoin Hovering at the time I'm recording this Around $45,000 but uh it went from about $42,000 yesterday to nearly $46,000 that's a big day for Bitcoin and Altcoins were following in lock step so Directionally doing what we frequently See and you know what's interesting About all this we obviously massive Price climb for over a year now for Bitcoin but despite that being the case What I find interesting is the fact that The typical retail speculators that you Expect to get during a you know the Euphoria stage of a bull cycle they are Not here yet they are definitely Provably not here yet and so I just Think that you know anybody that is here You've probably been around at least a Couple years maybe longer than that uh I've been around here in the crypto Space for over six years patiently Waiting and you know the people that Have been here for at least a couple Years maybe they were even if you got in Like towards the top of the last cycle And that's unfortunate but that happens But if you've been around that whole Time and you've taken advantage of the Fact that for most of the last year and A half roughly we've been in Accumulation mode you're the people that
Are going to be rich you're the ones That are going to do it and then there Will always be it's always been the case Towards the top of the cycle there's Always going to be new people flowing in And that's fine it's not to disparage People like for instance I jumped in Late 2017 um and it was before the Craziest of the alt season so I did get To live through like The most part the most fun of the Mania Um I just happened to but still I was in At the end of a cycle and I I could kind Of see that the writing was on the walls Like this looks like a damn bubble this Thing's going to pop and then we're Probably going to have some not so fun Downward sideways price action for a Long time which is what we saw you know It took a whole another year for Bitcoin To finally hit a bottom then he had to Reverse and that took time there but my Point in mentioning that is I I actually Was one of those people that was at the End of the cycle but like so even if That's you from last cycle in 2021 a few Years ago like a certain percentage of The people even if you're buy and at an Unfortunate time you end up sticking Around and you recognize the opportunity And I'm sure that's a number of you Listening and even if that's not exactly When you jumped in I'm still willing to Bet that you are the people paying
Attention and that's why you have the Actual opportunity to achieve Life-changing wealth and I'm going to Show you uh I think is pretty uh obvious Proof that you're still early like like If you've been positioning the last Couple years buckle up but um before Going further be clear I do not have a Financial background of any kind I am Not offering Financial advice and you Definitely should not buy or sell Anything because of anything I say or Right I'm just an uast who enjoys making YouTube videos about crypto related Topics but just as a hobby and just for Fun I came across this post from xrp Community member Irish Red crypto and he Simply wrote The Following Bitcoin is less than 10% away From $50,000 and I'm hearing no major media Attention or non- crypto folks talking About crypto I remember the last Peak uh The the peak last cycle crypto was Everywhere you're still in before the Retail herd has arrived okay so I think That's a rather astute observation he Correct people are not paying attention Yet and it's the so he's right about Last cycle and then when I jumped in I Remember I was at a local grocery store And everybody around me was talking About crypto we at a freaking Trader Joe's everybody's talking about crypto
You know I remember that in 2017 it's Crazy we're not there yet and so um I Used Google Trends to look up how many People were searching Bitcoin and I Shared this chart just earlier today It's just uh again just Google Trend so How you know how many people are Actually uh Googling Bitcoin looking it Up not that many right now so you can See the peak was uh you know obviously In in U maybe this would have been May 2021 and uh look at where we are right Down here now and I know on this chart You may have noticed Uh this is for the United States I I Tried United States and worldwide and The chart looks the damn same like Nobody globally is paying attention and So actually to bring the point home uh This one is worldwide and this shows Bitcoin the term crypto and also Xrp so you can see we are nowhere near So the the peak Point here um which Again looks about the same as the USA Chart you can see here's here was the Maximum point it was for the week if I Get it back it says May 16th through it Would just come back for come on I cannot get this single point with my Mouse it keeps going in and then going Away I think it said May 16 through 22nd Is that what that said for 2021 so so Anyway so that was the peak point and so That's when you're at 100 out of 100 as
Google measured this and now you can see More recently we're at 22 out of 100 So almost and so that's in comparison to The peak point for this this is a Five-year chart by the way what you're Looking at here we haven't seen it's Just been moving moving sideways like if You look at this is pretty much where it Was more or less for you know all of 2022 and 2023 it's just where it's been There there is no influx of people like The fact because you look you always see This when you see Bitcoin Mania charts You always see if you you know plaster a You know a Trends chart over it in terms Of what are people Google searching There's correlation we don't have that Yet and so think about that see that's What's exciting though Bitcoin pick Crypto like everything's going the whole Market's been going right and it's been Heading up for over a year there are no New people yet they are coming because People are people they're going to be Stupid Li me retail speculators and They're going to fomo into stuff and Hopefully a bunch of them learn from Their lessons although retail on the Whole never does but individuals Can so all that to say yes you know Yesterday was fun it was it was great Seeing my net worth go up substantially I hope you guys enjoyed yesterday as Well but that's just a little taste a
Little nibble in xrp here it's the same Thing so like you can look at this and See how there's there's comparatively Like almost no interest for Xrp that's good that's because we're Here early okay that doesn't mean that It's going to stay down there forever And there is always this correlation you Can see it last Market cycle for look at These Search terms Bitcoin went up Crypto went up xrp went up of course It's going to happen again but the PE The new people haven't come yet which is Why I said at the outset if you've been Here for at least a couple years years You just had an opportunity to buy Everything on the cheap so you do have That opportunity for life change well This is a real thing you have the Opportunity for lifechanging wealth Here um and so I'm still counting on xrp To be my biggest individual slice for This because you know over a third of my Crypto Holdings are it's xrp in terms of United States Dollars um so this thing will go when it Goes but if it goes towards the end of The cycle whatever but I think as long As Bitcoin hits a new all-time high We're going to see xrp follow suit Take a look at this post from Dave Weisberger he's the co-ceo of coin Routes and um I came across this Actually thanks to attorney John Deon
But but here's what um Dave weisberger Said on social media platform X those Who point to bitcoin price action as Proof of when the spot ETFs will be Approved miss the fundamental difference Between crypto speculators which have Driven price action bitcoiners who've Patiently accumulated and might be Getting less patient and Bitcoin Converts which are only a trickle now Will become a small stream when the Approval start and turn into a raging Flood once the marketing departments hit Their stride simply put $45,000 is just a bit of patience being Lost the real action comes later and so I I do broadly agree with that I mean You can say you can fine you can argue That there's a a trickle like there are A few people paying attention that who May be weren a year ago but not many I Just showed you the the Search terms and That always goes up we have haven't seen A massive jump so the fact that we've Gone up this High I mean yeah I still Think that the you know the Bitcoin spot ETF stuff I've said my whole Spiel it But I still think it's a buy the rumor Um you know sell the news event I do Think that's ultimately going to happen Even though I think you're going to see A big burst once we get that positive News which I think is highly probable I Think we will get that positive news
Very soon within the next week Roughly but um you know even if it's a Sell the news event I don't care because Over a sufficient period of time I think Dave's knocking out of the park and this Is why I've been saying for the longest Damn Time unless you think Black Rock and Fidelity and all these other firms They're going to have investment Vehicles you know spot Bitcoin ETFs Which fail unless you think they're Going to fail what do you think's going To happen then if they're not going to Fail then you're going to have wild Adoption that meaningfully impacts Supply and demand dynamics of Bitcoin Because they have to hold actual Bitcoin And there's not that much out there Frankly um Attorney John Deon reposted That and said Dave is On Target I'm Someone who believes believes the market Is underestimating the level of capital That will flow into Bitcoin ETFs over The long term golf clap I already Stopped right there yes absolutely That's why the people that that think That it's just like the floodgates open And now it happens and go go go I Respectfully disagree and if I'm wrong I Will happily admit I'm wrong I could be Um and I'd be very happy I'd rather be Wrong because um then my net worth goes Higher sooner so yes I'd be happy to be
Wrong to be honest with you but anyway Attorney Deon continues in the short Term we probably a runup like we're Witnessing and then a selloff once Approved we could hit 50 to $555,000 then drop 25 to 30% it won't Phase those of us that have lived Through 70% or higher Corrections it may Strike fear and panic in a newbie who Might Panic sell increasing short-term Volatility but they need to earn their Stripes just like the rest of us we're Seeing JP Morgan Bloomberg Goldman Sachs Etc starting to make significant price Projections over the next few years Imagine being a financial adviser who's Heard and read about Bitcoin for years But who's told his clients there's too Much regulatory uncertainty right now do You think they're going to sit back and Not advise their clients to allocate a Small percentage of their Investment Portfolio into Bitcoin even if they Don't understand Bitcoin are they going To take a chance advising clients to Stay away and risk watching Bitcoin at $1,000 $200,000 Etc over the next few Years I don't think so yeah and so even If you want to just have it as like a Little insurance policy like even just 1% just in case you're even if you don't Think bitcoin's going to make sense you Can see there's 15 years of History Roughly of people saying yeah you're
Wrong so even if you still think Bitcoin And crypto doesn't make sense what would You want to just you know to just be Just in case just in case you're wrong Mebe just put like a 1% like I'm saying If if you have a dollar you take a penny From the dollar and it goes It goes to The thing that you don't think makes Sense because everybody else is already Screaming that you're wrong you know What I'm Saying uh yeah so that's why I'm saying Like the greatest Mania uh is Is Yet To Come and it's just it's so fascinating That we're doing this sooner than four Years that's the weird part that's Fascinating and so some people argue That it is because of the spot Bitcoin ETF this news that that's the reason We're running up sooner so we're just Pulling price action forward I don't Know for sure I mean it's not the the Craziest idea but either way this is Happening and I just think 2024 is going To be absolutely Bonkers here and so That's why just thought I'd share with You it's just one more metric you can Look at just Google Trends it's a real Thing you're here And you're with the same people that Have been here for the last couple years There aren't new people you know there If you're new I mean it's it's it's Small it's like there's not that many
People jumping in like the growth in Terms of new people coming in it's Anemic growth it just is yet the price Has been going Crazy it's it's all of us just behaving Like we Act I always always do in the Space but yeah it's coming and it's just Crazy to think that you know the the Best estimates I've seen is that there's A little over 4% of humans on the planet That own any crypto that's it and we've Already seen these prices can you Imagine when it's 8% 10% 20% 25% 35% and way less than 1% of humans hold Xrp like ain't going to stay like That so it's exciting times that we it Just it just it's it's very exciting to Be here it's palpable you can feel it So what a start to 2024 that was that Was fun right out the Gate 2022 sucked donkey balls 2023 a lot Better and 2024 I just have the Suspicion that uh even though there's Going to be a lot of surprises Undoubtedly on the whole it's going to Be freaking amazing I am ready for I am Ready for it I'm telling you and xrp Again like I got pull the chart one more Time The fact that it's down here this is not Some sort of negative thing so again This is a comparison between Bitcoin
Crypto and xrp Search terms the fact That xrp is that low to me represents Opportunity because the time by the time That goes up and you can see what Happened last cycle even though xrp Didn't hit into alltime high you know by The time people were searching there was That correlation you know April of 2021 but if that's when you were you Know Google searching xrp and jumping Into xrp you were way late that's like The worst time you could have bought for The year right so that that's my point Though we are here right now oh this is Going to be so fun I'll go a and wrap up Here though I'm not a financial adviser You should not buy or sell anything Because of anything I say or right that Would be a very very very bad idea until Next time to the Moon Lambo
