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Hello this is Matt on the moon Lambo Channel the crypto Market just hit a Record-breaking metric which prompted One of the most well-known chart analyst Uh in crypto to State and I quote I Believe a historic move is ahead end Quote and this sentiment was echoed by Yet another very popular chart analyst Who I follow who I would also argue is Another one who's among the most Well-known in the world of crypto you Have xrp over 53 cents uh following Bitcoin's lead bitcoin's lead way folks And this is what you want to see this is What you should expect to see based on Historic precedent you have Bitcoin at $3,664 and so I'll tell you a while Nothing is guaranteed in life and it and You know past performance technically Doesn't guarantee future performance uh You know when it comes to market Performance not that history literally Repeats itself but it does tend to rhyme With itself and I'm going to share with You some of the specific that that were Cited here U because I'll just tell you This like I am I am very happy even Purchasing here I'm very happy Purchasing crypto here and I mentioned In recent video I I have been making Some purchases in recent days I plan to Make uh more as long as long as the Market doesn't get too far away from me Here and I I'll just say this at the
Outset of the video even if this Perspective is wrong even if the market Moves to the downside for someone like Me who is only investing money that I Don't need back anytime soon if ever Even if the short-term perspective is Wrong Which a lot of these analysts hold and The market goes way to the downside or We have a wild card event and things go Way to the downside for me it's not Going to matter because I firmly believe That even though of course those types Of things can happen when they happen That's not an indication that there will Never be a recovery so that's why for me Purchasing crypto it's so easy I don't Care I just I firmly believe that even Though most of the coins out there They're going to go to zero and perhaps Most of the coins that I hold even will Ultimately go to zero this asset class Is going to have some major winners and It's going to be way bigger than it is Today and I firmly believe also that xrp Is going to be one of those xrp is my Largest individual crypto holding and I Am counting on it for a the largest Individual chunk uh of of my earnings Moving forward once I finally start Selling which I never have I've never Cashed out to to United States dollars But um it's I make no secret about this I absolutely am counting on xrp being
The biggest chunk of my life-changing Wealth from crypto and it's not Guaranteed I could be wrong and it all Goes to zero but my conviction has never Been higher and let me go to this video And I think you'll see why I feel as Strongly as I do about this but U before Sharing additional thoughts I do want to 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 are right I'm just an Enthusist to enjoy making YouTube videos About crypto related topics but just as A hobby and just for fun all right and There's an individual who tagged chart Analyst credible crypto on social media Platform X and credible crypto of course One of the most well-known famous chart Analyst in all of crypto 347,000 Followers a cred credible crypto was Tagged by this individual named Ms and Wrote The General consensus appears to Be we stop at $ 37 to $40,000 of course He's referencing Bitcoin there and Credible crypto doesn't believe that for Even a second he does not not that he's Saying it's impossible but he does not Believe for a moment that what's Probable and so he simply responded with The following yep we'll be fun when we Rip through it Bitcoin and he does still Believe that what's most probable is we
Actually see a new all-time high for Bitcoin this year and he's the only Analyst I follow that believes that but Sometimes minority positions minority Ideas they end up being the right ones That does end up being the case in that So we'll see what Happens um and then there is also this Another one of the most popular analysts Out there in the world of crypto goes by The name Tech Dev for 419,000 followers On social media platform X and he shared This chart which is a crypto total Market cap chart and and he wrote The Following the monthly crypto market cap Is at its highest compression ever I Believe a historic move is Ahead and he's not the only one that Believes that as far as a historic move Here uh credible crypto's right on board In fact uh here credible crypto reposted That on X and wrote The Following Historic compression equals historic Expansion we're on the brink of a Massive parabolic Advance been talking About this for months if not years and It all comes down to this who's ready And so he does believe that this is this Is the moment where this stuff is going To happen and I asked him just to be Just to clarify in terms of compression What are you talking about and he he was Talking about the extreme low level of Volatility he said this this is
Something this is the the metric that Specifically is uh is historic and so You've you've heard of course you know The you Know uh extreme consolidation can lead To incredible expansion ultimately uh Many of you have probably heard of this This concept before and typically what Comes hand inand with that or frequently Would be volatility where I mean fine Yeah it's crypto so it's way more Volatile than your any other asset class Even when it's not being that volatile But for crypto it's not that volatile And so you see that and so he's stating Here is look this is inline with with uh The other metrics and stuff that I'm Looking at that's basically the concept That he shared right there and it's look Like I said at the outset even if this Idea is wrong and I hope it's Not like it's it's not going to matter So and look part of my my calculus here And and part of the reason that um I did Purchase more crypto recently Um it's it's not a fo on in thing I'll Tell you that because I was just topping Off my bags to be honest with you I Don't need to buy more crypto I'm good Oh oh son I good I'm telling you like I've had years and years and years to Accumulate I've done it I'm good to go But the thing is I keep earning more Money and I got to put it somewhere
Right and so enough time to pass I was Like okay well I'll top off the bag some More and So eventually that happens Enough time passes if crypto hasn't gone There I'm like okay well put some more In cryptos that's basically what I did Here but again just to share further as Far as this ETF thing because that is a Factor that was in my mind I do firmly Believe that what is most probable Though not guaranteed is that we're Going to get a spot Bitcoin ETF approved And that is going to light this Market On fire and things are just going to Take off Bitcoin leads the way and Eventually that will result in you know That money flowing through to altcoins And altcoins you know the altcoins That's where I'm really anticipating Achieving pretty much all the Life-changing wealth I mean yes Bitcoin I hold it happy to hold it I'm just not That excited about it I'm I'm sure Finally when I sell one day I'll get Something cool out of it but that's not Where where the bulk of the Life-changing wealth that's going to Come from for me assuming things go the Way that I I hope that they go but all That to say even if the suspicions are Right by many including myself and we do Get that move up and it opens the Floodgates and that leads to you know a Prolonged situation where tons of money
Gets thrown into crypto even if that Happens uh well well great if it happens But even if it doesn't rather uh it Doesn't matter for someone like me I Don't care like we could I literally we Could have Bitcoin that this is going to Happen even if if Bitcoin goes back down To what we saw in November of last year At the market bottom around 15,000 bucks Or lower like again I'm not saying That's going to happen maybe there's a Wild card event and something crazy Happens but I'm not going to care the Money that I put into this I don't need Now and I never assume I never believe For a moment that when I buy something That I bought the actual bottom in fact There's over a 99% chance that when I Buy something or you listening when you Buy something there's almost a 100% % Chance that at some point in the future Whether it's for a long time or maybe Even just a brief period depending on Where at where we're at in the market Cycle it's almost 100% chance that what You just spent will be worth less at Some point in the future your your Investment will go down because you Can't time the bottom nobody can do this The literal bottom and the literal Bottom occurs for like a it's a blip on The radar it doesn't last long you're Not going to buy the actual bottom and So if I don't buy the bottom here well
Of course I'm not of course I'm not Going to buy the bottom and I don't care That doesn't bother me so when it goes Down if it does anyway um even to a I Mean it will go down but from where I Bought it but even if it goes down Substantially and the Bears are correct I'm going to shrug my shoulders and go Okay yeah but I I hold what I hold and You know things rebounds like I don't Care for someone like me who literally Just has this admittedly unsophisticated Approach but I still think it's the best Approach because it's very hands-off It's a less opportunity for human error It's just you buy stuff and then you Don't do anything that's what I that's What I do for myself and that's it so It's always going to rebound but here You had a question from um somebody Named Odin who roted a credible crypto And was about this ETF stuff which again It's going to be fantastic for xrp like I argue firmly that even though a spot Bitcoin ETF everybody I think most People probably argue it's best for Bitcoin okay fine but it's going to Result in me making more money from xrp Than I will from Bitcoin you see what I'm saying because xrp is my largest Individual holding and it's going to get A way way way greater multiplier effect Because there's less money in xrp so Yeah I'm happy for my Bitcoin holding
Should this occur which I think it will But I'm even more excited about this Ultimately because more money flows into The space and it will be even better for My altcoins including xrp specifically Which is my largest crypto holding which Is why it's important to be aware and You should even be enthused by what's All this posit these positive Developments about Bitcoin even if you Don't hold Bitcoin you should care about This and so anyway this guy named Odin Wrote to Credible crypto and said ETF Approved equals yes huge move coming ETF Delay until 2024 equals liquidity Slowing leaving the market and nothing Crazy happens before having just as Always look at total market cap it's in A downtrend there is no new money coming In without that no moonshot it's that Simple okay and here's what credible Crypto had to say in response though Because again this guy's arguing there's No new money coming in you want your Moonshot you know you want your moon at Lambo that type of crap need more money Coming in so here is what credible Crypto says ETF approval is pretty much Inevitable at this point good luck Waiting till it actually gets approved To position yourself you make money in This space by being before the crowd not Part of it spot on and so as I was Articulating just a couple minutes ago
Why I don't care if if if this Perspective is wrong and my suspicion is Wrong and it could be that you know we Don't get this spot Bitcoin ETF or even If we do markets go down further because Reason AB BC 1 2 3 XYZ whatever it is I Don't care because I want to make sure That I'm positioned should it Occur and I I think what's most probable Is it's going to occur and so I just Need to make sure that I'm set the way That I want to be set before that Happens and again if I'm wrong it Doesn't matter to me I'll wait however Many years I have to for things to get Get back to you know Euphoria town I Don't care I just I seriously don't give It I'm the most patient person on the Entire damn Planet as long as I have Income coming in I don't care I don't Need the investment now so if it's down It's down just like when I held xrp for The first 3 years I was down I mean Think about it I bought xrp even at 55 And then it got down to 15 cents so I Was what's the percentage on that I Didn't calculate that before that's That's the vast majority of my Investment obliterated and I was still Buy an extra P 15 cents after I'd Already come down for 55 cents I don't Give a damn I have a long-term mindset In fact when I started dollar cost Average in in years ago I'm still down
On that purchase that initial purchase Where I bought at 55 cents because it's 53 cents today I don't care I just don't Care I think it's be going to be worth Way more in the future it doesn't matter Right um and then there is also uh this And this doesn't make sense to me so There's there's there's no Corner Peter Schiff Mr Gold Bar Peddler right and Look nothing against him on personal Level I agree with him on a whole bunch Of stuff not not related crypto I think It makes a lot of sense he's intelligent He was right about the 2008 2009 Financial collapse that's what he's most Famous for right very wealthy man sells Gold but my God he is disastrously wrong About C he could not be more wrong and I Just don't know how someone like this After 14 years how do you not look Inward after 14 years and ask yourself Okay well I've been saying this doomsday Stuff for 14 years but more and more People uh jump into crypto over time Major firms institutions Black Rock now Uh if I'm him like I'd be Looking In What is that what is it that I got wrong It's been 14 years and it just keeps Getting bigger what have I got wrong Because even if you Lo don't think it Makes logical sense it doesn't matter Because everyone disagrees with you on The entire damn planet And I just can't IM can you imagine like
Another 10 years out 20 years out is he Still going to be saying it's all going To zero it's all going to zero because That's what he is publicly articulating Just doesn't make any damn sense so Anyway the other day he put out this Post he's talking about Bitcoin he says Bitcoin Pumpers claim that once there Are more Bitcoin ETFs investment Professionals will start buying them for Their clients that will never happen There's just too much liability Investment advisers won't buy them and Stock Brokers will only accept Unsolicited buyers now folks I don't Believe that for a freaking moment so They're going to launch this thing Because they're getting pressure from Their customers that they want access to The the asset class and then they're not Going to make it known to their Customers their clients that Bitcoin and Exposure to the crypto asset class is Available they're not going to do that Though oh it's too risky it's too risky We launched this thing that's not risky But telling people about it that's risky I so I wrote to him and I said right When Black Rock gets approved for their Bitcoin ETF they're not going to go out Of their way to make sure their clients Know it's available you really believe That and it's hard to maybe he really Believes that but that's a silly ass
Perspective and you know xrp Community Member Frey I think absolutely nailed it By responding with the following he Wrote reposted what Peter Schiff wrote And by the way uh xrp Community member Frey here uh he actually does work in The world of finance and he's been in Crypto since 2011 and he tagged me in This post and he knows what he's talking About here he said he said to Peter Schiff Wrong he clearly doesn't work in the Space registered investment advisers Will uh there are departments already in Many under the alternative investment Arm will simply cap risk 1% to 5% Allocation if a client wants more then They sign off on it and can get it what Do you know folks look at that you just Put in a modest amount and that way the Volatility if it's to the negative it's Not going to eat you alive it's not that Complex portfolio portfolio still goes Up quite a bit over Time it's it's a no-brainer so it's just Hard to tell if Peter shiff actually Believes this but you think at some Point after being so wrong for so long He would just look Inward and be Intellectually curious what am I missing Here but I guess he's just not he's like No I'm still right bro I'm black rocks Jumping in 10 trillion in with TH Management largest fund manager on the
Entire planet they're wrong they're all Wrong I'm Peter shiff and I'm right I Sell yellow rocks I'm peterf come on man Like I just I do not see that being the Case I really Don't um now one last thing I do want to Highlight here because there is one very Reputable chart analyst who I think does An amazing job I put him up there on the Top shelf I don't talk about I don't Cover his perspective that frequently Because he doesn't post as consistently As others and so there's not as much to Share from him and then on top of that I I don't he's not always at the Forefront Of my mind as a result of that but he is Absolutely fantastic and he has a Massive following which is welld Deserved um he's he's no longer bullish And this just happened and um he put out A video I watched this video on YouTube Uh this from alesio restani 375,000 Subscribers and the the video is titled It's over this is bad news for stock Markets and Bitcoin it was a little over 11 minutes long and um without getting Technical in nature because I try to Stay away from the TA stuff from Analysts in my videos as much as Possible sometimes I can't avoid it to Get prop ideas properly across but I try To keep away from that here because I Think most people are like me and they Just want to know the perspective but Mo
The vast majority of us are not Char Eyes and so when people start talking About Fibonacci and macd and ichimoku And all this crap uh which as far as I'm Pretty sure it's just a Pokemon I don't Know but uh and wedges you're talking About cheese I don't know what the hell You're talking about man most people I Think they're like me and they just like They don't care enough they don't want To learn I don't want to learn it to me That that just bores me to tears but I Appreciate that others do know it and They do share their perspective and they Take great risk and they get yelled up By the internet especially when they're Wrong because you can't be right 100% of The time um but he thinks that this Isn't going so and so up until this Point for most of his year he's been Very bullish on on bitcoin specifically And stocks uh but based on a market Close I I think he was citing just this Past Friday uh it invalidated his Perspective that's what he stated so he Just being intellectually honest and Stating as it pertains to stocks this is An indicator that stocks have just Entered a bare market and and he Admitted that the Bitcoin chart itself Looks fantastic he says it looks great If you just look at that in a vacuum It's up up and away he actually does Agree on that um but he he he he also
Recognizes something that even non-ch Analysts like myself know to be true and I'm sure you guys are aware of this Obviously when it comes to stocks in Crypto these things they move in tandem They're they're considered risk on Assets you Behavior you can see the way People treat them and so if you're going To see a bare market for stocks that Decre he says that it decreases the Probability that Bitcoin is going to go On a tear it increases the odds it's Bitcoin will ultimately move to the Downside so he says that there's Substantial risk here and since the Asset classes do move in tandem Historically uh that's alarming if he's Correct so I wanted to highlight that Too it's it's a different opinion here Than than a lot of what I've seen this And his opinion just flipped literally I Think Friday Uh when that data rolled in so we we'll See what happens here um but that's why Again like I said a few times in this Video sorry if I'm beating a dead horse Here but uh that's why I'm I'm saying Even if that's true and I'm buying right Here and and crypto goes down and Bitcoin hits who knows $115,000 whatever This just some crazy low number an xrp's Price is cut in half what I'm going to Say is okay I'm going to keep running my YouTube channel I'm going to keep
Putting money into crypto and the lower Crypto goes the more the more money I'm Going to want to throw grow into it Unless something changes from a Fundamental perspective if it's just Volatility uh typical volatility with no Change in underlying fundamentals that Does not scare me putting money into Something when the price is low does not Scare me and I very genuinely mean that What would scare me and alarm me and I Will talk about it should it occur is if Underlying fundamentals change there's a Shift in adoption utility decreasing Stuff like that then I'd be highly Alarmed then I'd actually be tempted to Uh to to just eliminate my position or Position I honestly would even if it were xrp if That's the case I will have a come to J This moment and I'll talk to you guys About it and be like yep I'm out but I Don't see anything I don't see anything Like that in ter from a fundamental Perspective and so I don't care that's The great thing about my Approach and I'm not telling you to copy me Definitely don't it's not Financial Advice but I'm just saying for me this Is why I love my Approach I put money in And then I believe it's going to be Worth more over a longer period of time And over the short term if it's not even If it's for a year or two or three which
Has been the case uh for many times During my during my near nearly six year Journey now okay okay I don't care I'm Like for years I was down on the hole in My crypto now I'm way up but for stuff That I've purchased over the last few Years on a ton of that stuff I'm down Right now and I'm still buying more of It like harar my algorand my flare and And there are others out there filecoin I'm I'm I'm down on all these right now Do you think I'm worried or regret Purchasing no because I don't know what The Market's going to look like and I Don't know what where bottoms are going To be and it doesn't matter I firmly Believe it's just going to be bigger Over time so I'm happy to have the Investments that I have right now and so Just like I was down on xrp for years I'm down on these more recent purchases For the last you know one two three Years and that's not that's not Surprising that shouldn't surprise Anybody but fast forward another 3 six Nine years what do you think it's going To look like I mean yeah maybe some of Them because the market matures they Actually do go to zero maybe we finally See that but outside of that there's It's going to be a bigger crypto pie We'd agree on that at least right so What the hell do I care so I don't care So yes my suspicion is we're going to be
Moving to the Upside and if we don't okay because I Don't know for sure so what what the Hell do I care I'm Moon that damn it I Do what I want let me know what you guys Think I'm not a financial advisor you Should not buy yourself anything because Of anything I say or right that would be A very very very bad idea until next Time to the Moon Lambo
