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Hello this is Matt on the moon Lambo Channel Ripple CEO Brad Garing house has Stated something uh you don't normally See from him having directly to do uh With your net worth if you're in crypto Anyway if you're in crypto uh Brad Garlinghouse says that uh you can expect Your net worth to go up now that's not The words to use but read between the Lines here the headline says it all Right from CNBC Ripple CEO predicts Crypto Market will double in size to $5 Trillion by the end of 2024 now you know the interesting thing About that is if anything that's it's Certainly reasonable to suppose that's That that might be um where we're going To end up maybe the top of the cycle but Frankly that sounds a little Conservative I mean it could it could be That where we top it's certainly Reasonable but there are all sorts of Reputable analysts out there thinking Nah for the asset class it's probably Going to be closer to1 trillion so we're Going to find out together nobody knows For sure but can you imagine what that's Going to mean I mean I'm look I'm not as Excited about Bitcoin I'm if Bitcoin Like doubles in price I'll probably just Finally sell it all I've been holding it Since 2017 I just I mean I was buying it When it was thousands of dollars and and You know if it goes to like 120 30 140
$150,000 I'll be like okay because Otherwise I'll be like I'm being a Greedy son of a so like I'm just G To take it take take it for what it is And just move on uh but that's not where The real excitement is the real Excitement is in xrp and other alt coins Out there because if you're talking About the asset class doubling in a huge Percentage of that is going to be Bitcoin that means the multiple for xrp And other coins is going to be way more Than a 2X especially when you consider Money is going to be cycling through Jumping from coin to coin to coin which Is always the case it only be a handful Of coins taking off on any given day or Week and so if you're talking about a Peak of even $ trillion my God the Degree to which you're going to get a Multiplier effect on your alts is just Insane it's hard to overstate the degree To which this is going to be truly Lifechanging for so many people in the Space but uh before going further I do Want to be clear do not have a financial Background of any kind I'm not offering Financial advice and you definitely Should not buy or sell anything because Of anything I say or right I'm just an Enthusiast who enjoy making YouTube Videos about crypto related topics but Just as a hobby and just for fun all Right piece reads as follows the CEO of
Blockchain startup Ripple sees the Combined market capitalization of the Cryptocurrency market topping 5 trillion Dollar this year and I'll pause a note And they they talk about this a little Bit later in the article but uh at the Time I'm recording this it's 2.7 Trillion so Yeah and it was slightly lower than that When uh I think it was 2.6 trillion when He said this but still over5 trillion Doar that is not Looney Tunes land that Is not wacky but the implications of That are staggering if you're in alts if You hold alt coins whoa buckle Up peace continues ripples Brad Garlinghouse told CNBC he expects the Entire value of the crypto Market to Double citing macro factors including The arrival of the first US spot Bitcoin Exchange traded funds as well as the up Upcoming so-called Bitcoin having I've Been around this industry for a long Time and I've seen these Trends come and Go Garling house told CNBC I'm very Optimistic I think the macro Trends the Big picture things like the ETFs they're Driving for the first time real Institutional money you're seeing that Dries demand and at the same time demand Is increasing Supply is decreasing Garland house said that that doesn't Take an economics major to tell you what Happens when Supply contracts and demand
Expands yeah so I'll say here I agree I Would certainly agree that this is a Factor that matters to to the degree to Which it matters this cycle ah it's Largely an eror so I I will tell you and I don't have the the numbers committed To memory but I've I've read enough About this and there's been enough Analysis done to know and certainly Happily acknowledge that the degree to Which the spot Bitcoin ETFs have um have Been adopted is greater than what pretty Much anybody thought was likely to occur In fact there like where it is now People thought well if it's really Successful maybe by the end of 2024 That's where we'd be but that's where we Are now so certainly acknowledge that Happy to see it um but of course I'll Continue to acknowledge that at least at This point the vast majority of the Bitcoin getting snatched up it's nothing To do with the ETFs so yes it matters And I would agree with Garling house on That but but I I still maintain my Position that I was opining about you Know in the early stage of ETF adoption After they after got approved and Actually even said this before it got Approve before we knew technically for Sure this is going to be way more Impactful impactful over a span of years And decades that absolutely I still Firmly believe that but certainly
Acknowledge it's been a bigger hit to This point this cycle than pretty much Anybody would have guess happy to see That of course so Garing house isn't Wrong I'm just saying that is that one Of the things that's really going to Drive this asset class to double I think It was just time to happen anyway I mean Market Cycles are real you can see What's happening with you know the Dow Jones S&P 500 NASDAQ 100 so it's it's up The answer is up Right so I think that this is going to Come anyway but anyway peace follows uh Peace continues uh the first US spot Bitcoin ETFs were approved on January 10th by the US Securities and Exchange Commission they trade on us stock Exchanges and allow institutions and Retail investors to gain exposure to Bitcoin without directly owning the Underlying asset the Bitcoin having is a Technical event that takes place roughly Every four years in bitcoin's history it Hases the total mining reward to bitcoin Miners which are volunteers on the Bitcoin Network who use high-powered Computers to verify transactions and Mint new tokens the last such event took Place in 2020 and the next one is slated To happen later this month the overall Market cap of the crypto industry is Easily predicted to double by the end of This year as it's impacted by all of the
These macro factors Garing house said The total market capitalization was Roughly $2.6 trillion as of April 4th if The market were to double that would Imply a new Total crypto market cap of$ 5.2 trillion Bitcoin has risen more than 140% in the last 12 months yeah it's Again see that's what's exciting here Like it's if he feels comfortable saying That it's because he's he knows Something which Like as far as I'm concerned it's it's Somewhat obvious but TR like the fact That it's true when I like when I really Think about it and let that sink in it Makes my simple little Moon Lambo brain Explode basically my brain has explode That's pretty much it because I Understand what this is going to mean And I've been positioning myself in Crypto for over six years I've never Cashed out to USD and I've articulated Why many times so I'm not going to again Here this will be the cycle though I Believe where I finally do and I finally Achieve the live changing Now there's still there's still time for Me to screw up the whole damn thing like Things could go wrong but I'm very Optimistic that on the whole even though It's going to be a messy process and it May be stressful uh it's going to be Fine because look I don't get stressed Out when when price action goes to the
Downside when it's negative but if we're In an environment where I'm cash not I'm Human too like I joke that I'm not but That's just because I am basically a Robot when the price goes down I'm like Yeah I don't care and I'm genuinely like If I weren't like that I I wouldn't have Made it six years but on the flip side It's kind of like like okay what am I Doing here got to get out but I can't Say exactly what I'm going to Target for Each individual coin not exactly cuz There's it like the Market's too Dynamic There's going to be a lot of moving Parts here and so as far as you know Tapping out like like where am I going To be willing to sell my xrp well if it Runs sooner than later I mean I'll Probably sell it at a lower price than If uh if if if say all my other altcoins Run and I'm very happy I already got my Life changing wealth and then xrp at the Tail end finally starts to run which There's some historic precedent for Obviously if that happens uh I may be Willing to just let the thing right I'll Be like well I mean okay I'll still sell A bunch between 5 and $8 but maybe I do Save a chunk to see if it goes like 15 Or 20 bucks why not if I've already got It like what what the hell do it matter You know put it all on red like I don't Know just say um but see there's too Many moving parts for me to say
Definitively what I'll do but I have a a Pretty broad idea and you know in terms Of the multiplier effect I Want for My Overall crypto portfolio my bags if you Will from beer I I have an understanding Of that and then I'll just have to see What that looks like as things pop but I Mean I there are a bunch of coins I'd be Willing to sell like if I get a you know Four or 5x on some of the coins that I Hold even just from roughly here I I Might sell some of them even before they Hit a alltime high because you don't Know for sure if some like a lot of Coins are not going to hit new all-time Highs I believe but I'm just looking for Myself like there's there's that still Would be meaningful for a lot of these Coins because some of these these coins I've been holding since 2017 I just hold Like that that's it works have brought Exposure to an acid class and then hold For prolong periods of times wouldn't You know it lifechanging wealth so again I still have to technically achieve that By doing the actual function of selling But my God like I'm positioned folks I'm Ready and I know so many of you feel the Same way and so many of you are just Like me you're like it is time for xrp Like it has to freaking go we got so Screwed last cycle but it's coming folks This is the moment in time where this Happens so we'll find out together
Exactly what that means but I have never Been more optimistic about this all than I am right now 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
