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Hello this is Matt on the moon Lambo Channel here's a headline from you today Xrp price to cap first winning week Since September and folks we have Bitcoin running currently at least at The time that I'm recording this we'll See how high it goes but uh Bitcoin is Back above $30,000 which is fantastic to see even For us here who are let's be real way More interested in xrp xrp follows the Price action of Bitcoin so love to see This xrp has always followed Bitcoin Other than rare outlier instances but in Terms of the biggest moves that have Historically led to xrp hitting new Highs it's always followed Bitcoin and I Have no problem with that that's why I Say let Bitcoin run let's let that damn Thing rip uh that you know the the least Technologically advanced crypto on the Entire damn Planet let it run let the People purchase their Bitcoins get the Bitn and then uh then we get ours Ultimately and I'm going to share with You perspective in this video I'm just Going to give you some quick insights From a few analysts uh along with pers Oh actually just I do some day I want to Highlight this too uh looks like retail Is actually gaining interesting crypto As a result of the the spot Bitcoin ETF So I want to touch on that as well here And one very well-known crypto analyst
Who is very Pro xrp he simply says quote Sit back relax and enjoy the ride end Quote Oh yes well I'm going to that's For damn sure but before going further 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 or Right I'm just an enthusiast who enjoys Making YouTube videos about crypto Related topics but just as a hobby and Just for fun as I record this video Xrp's back above 52 cents Bitcoin just Over $30,000 uh with a 24-hour high of $3,315 uh you've got uh the crypto fear And oh by the way actually a 24-hour High for xrp I just noticed this I Didn't see this before recording the Video 53 cents so it did poke above 53 Cents for the first time in a hot minute And Che take a look here see I told you Inevitably we'd be back here inevitably Crypto fear and greed index at 63 out of 100 that's right the market is back in Greed do you remember within the last Year how low it got it got down to like What six out of 100 into indicating Extreme fear and when that happened I Said well I don't know when it's going To happen but at some unknown point in The future uh we're going to be back in Greed and we had been since then I
Believe but but the point Is anytime you're looking at greed just Assume at some unknown point in the Future we'll be back in fear and when We're in fear assume at un some unknown Point in the future will be back in Green that's always how it goes and so When you understand that it makes it Really easy to control your emotions if You let that sink in like when Everybody's panicking and uh you know Just well Panic selling making important Financial decisions based on their feel Fields uh if you just understand this Basic concept which is that crypto is Not going away maybe you can chill a Little bit because here we are it Happens every single Time we're back and now it doesn't mean It won't go back to fear before we see Extreme greed again but you get the cut Of my jib here right the fact that Something that the you know the the Crypto fear in greed index goes into Fear is not in and of itself an Indicator that the sky is falling and It's all over and crypto is no longer Thing that's always been silly nonsense And it always will be but some Speculators you know God bless their Little SS have a really hard time with This here's the headline again from you Today xrp price to cap first winning Week since
September xrp the fifth largest Cryptocurrency could be on track for its Best weeks since early July when it Closed about 59% higher following a Summary judgment verdict in Ripple's Favor according to coin market cap data Xrp was up 0 1% at 51.7 C xrp is Currently up 6.03% in the week it's biggest gain Since the week of July 10th when it Rose 59% yeah well folks happy to see that Glad they're they're documented that's Perfectly fine this is this is nothing Just wait till Bitcoin really takes off Here and I do think that what's most Probable though it's not not a guarantee And and my suspicions in terms of what's Most probable could be wrong that's fine But uh I I I think we're at the the end Of these types of price levels not that It can't go lower first but because of The spot Bitcoin ETF which I firmly Believe will be approved and it could be A bunch of them getting approved whether It's just black rock which has been my First guess maybe I'm wrong on that and A bunch of them get proved at once Either way I don't care I just want to See that happen because I'm telling you Markets are going to run and the and the The greatest impact from that is going To happen over a more for a long period Of time over a span of years and decades But even right out they gate the
Excitement and then the attention that's Going to get in mainstream media and Then you know that'll start to draw People in the re from the retail sector Into crypto that's what you can expect To see that is absolutely coming uh Here's perspective from chart analyst CIO massively popular on social media Platform x with just shy of 600,000 Followers and he wrote The Following This resonated with me and I hope it Does with you too and so I wanted to Share it with you uh Char anal CIO wrote Oh man we might dip a bit from here haha Top signal nukeit so there you go and so He's he wrote that in quotes because That's like the the sentiment of the Bears right now oh man we're GNA we're Going to be dipping your nuke it it's Going on down well here's what he says About that Concept brother if you're worried about A $100 red candle or a $1,000 red candle Or even a few thousand you're playing The wrong game this is the point of the Market where you buy every single dip And stack as much as you can and be as Bullish as you possibly can Be or I mean you could always wait until We approach all-time highs again later Next year to be bullish again but I Choose here I choose now saying you Believe that we're heading for a 200% Plus rip from here over the next couple
Of years but praying for one less 10 or 20% % dip before we get there is greedy AF you deserve to lose that game and Most of you who are playing it will and So folks this is something I mean I was Talking about this over half a decade Ago this concept and I get it it's human Nature I get it if it goes it's painful If you buy something the price goes down Whether it's 5% 10% 15 20% whatever it Is it's painful I get it that's how People Feel but what is your investment thesis Do you firmly believe That crypto is going to go up hundreds Of percent or thousands of percent just On the hold you believe that because if You do and if that happens then if first It goes down 10 or 20% whatever it is is That going to Matter after it goes up like if you're Trying to time the market to that degree What is your malfunction it's like I I Always wonder I people do whatever they Want I just don't play that game the Only approach that makes sense for the Everyday person this is just my personal Opinion this is not me telling you to Buy or sell you do whatever you want but My personal opinion is the only Reasonable approach and it's the same For the stock market is to dollar cost Average that's right just make purchases It's it's very simplistic but just make
Purchases over time so you get broad Exposure at various price points Sometimes you're up sometimes you're Down but then when the market goes you Have the exposure and then you get the Benefit who cares if xrp or Bitcoin or Pick your coin goes down even 20% from Here which it Could what do you think happens after That what do you think happens after That when it rip it rips and xrp follows Bitcoin this is going to be absolutely Glorious it's an inevitability it's the Same message I was preaching a decade Ago in 2018 when we were at the depths Of that bare market and that message is Needed just as much today as it was back Then when I was spouting it then it's Needed just as much today in fact there Are more people uh that that are got Their feel feels getting hit having a Hard time with this stuff hard time Sleeping at night and so I can't tell You what's right for you and from a Financial perspective I I'm not offering Financial advice I don't know your Particular situation so I can't and I Would never want that Responsibility but uh I can tell you Just come right here there's a reason I Have no fear and it doesn't make sense To have fear here there's a reason that I say it makes more sense to look at Logic and data and just use reason to
Come to conclusions when it comes to Investments whether it's crypto or the Stock market it doesn't matter do you Think that there's going to be a bigger Market cap in the future or do you think That that we'll never we're never going To have a new alltime high in terms of Crypto market cap what do you think and It's the same thinking for the stock Market like when things are going down Like think about the the bare Market in 2008 and 2009 disastrous right the Great Recession as it's come to be known well Was it a good idea to sell at the depth Of that was it really an indicator that Everything was going to zero and we just No longer have an economy and just Nobody has a job like we cease to be a Country in the United States here no of Course that wasn't going to happen and The market we went on a crazy tear over The next decade plus of course we did You just you just got to be patient here Uh here's perspective from xrp Community Member Frey who actually does work in The world of finance and uh he's been in Crypto since 2011 so he's one of the ogs As they say and here's what he wrote Yesterday many still deny the uptrend in Bigger moves coming macro scares you Political environment scares you Wars Scare you here's what I can tell you From experience there is always Something yes even in Bull markets to be
Scared of I'll leave it at that yeah and He's spot on and especially what he's Saying about uh there's something to be Scared of even in Bull Markets now this happened before I Jumped into crypto by a couple months I Believe it was September 2017 but do you Guys remember the news breaking uh about Uh remember the China fud coming coming Down on bitcoin and since then they've Come down on bitcoin oh I was no we Can't have Bitcoin here in China how Many times have they that how many times Has that narrative been out There and so it it really pushed down to Whatever degree in sep I believe it was September 2017 the price of Bitcoin and This is in the midst of a massive run Because Bitcoin started the year 2017 I Think around a th000 bucks ran up by the End of the year to about $20,000 but well before it got anywhere Near that um it was the end of the world Even in a bullet Market we got the scary Bad news and so he's right he's spot on That's just how it goes right here's What credible crypto had to say he Shared this with his 347,000 followers All right looked at the charts and Realized don't really need a video to Say expecting continuation without much In the way of pullbacks if the bottom Isn't already in maybe one more push Into 28,8 $229,200 we are on easy mode
Now fam sit back relax and enjoy the Ride and of course he's talking about Bitcoin there now somebody named leemon Jobs wrote to incredible crypto and said As you just mentioned in a response Yearend all-time highs for Bitcoin are Going to be cutting it close has Definitely been feeling like that what Would you say is a ballpark range that We could find ourselves in what's a Safer Target than say all-time highs if It's not too much trouble which is a Fair enough question and here's what Credible crypto said because mind you He's been calling for an all-time high For Bitcoin this year for at least the Entirety of this year and I don't know If he's right I don't know if he's wrong I if that's actually going to happen but He's he's a top shelf analyst as far as I'm concerned either way because in Terms of percentage of suspicions he has That all right yeah way more on the Correct side but uh here's what he had To say it's hard to say to be honest a Lot of people looking at4 to $445,000 as Next major area of resistance SL pit Stop but frankly I think we will melt Through it if you look at our run from $10,000 to $60,000 that's essentially what I'm Expecting in to play out here which is Why I still think new highs this year is Possible just depends on how
Aggressively we go up here don't think There will be any major pullbacks once We get going and so folks that's why I Always say it seems impossible as you're Moving sideways for a prolonged periods Of time it it beats people down uh you Think oh my God it's going down what Have I done investing in this magic Internet money what have I done my Children's future uh okay ex so I get it It seems impossible in the moment until One day you wake up and just see that It's running and how quickly did it Happen a few years ago how quickly when Bitcoin started going which propped up The entire Market afterwards including Xrp despite the SEC attack how long did It take for Bitcoin to really start Going not not long and then it did hit Ultimately almost $70,000 it just ultimately happens it's Just the case that Occurs um and then there's this from Coind Des spot Bitcoin ETF excitement Hits Main Street Google search indic Ates and look this as far as I'm Concerned this is an Inevitability once a spot Bitcoin ETF Gets approved you are going to see a run Even when that fake news broke about it You saw what happened in very short Order uh Bitcoin jumped from 208,000 to 30,000 roughly up about 10% and that was In 105 20 whatever however many minutes
It was it was very quickly and then news Got out that okay wait this doesn't look Real and then the market pulled back but What if that was real it just would have Kept running now to what I can't say but I can tell you it ran so we don't have To hypothesize about what it will do Obviously the that news wasn't priced in And also xrp moved in tandem now Obviously not to the same degree in Terms of percentages but the correlation Absolutely was there everything's going To benefit from this folks and then Ultimately once people want to take Profit from Bitcoin after it truly Rockets maybe hits a new alltime high That money a lot of it anyway will cycle Into all coins that haven't gone but Anyways piece reads as follows interest In the pending increased use of Bitcoin In financial markets through a potential Spot exchange traded fund has filtered Through to retail investors Google Trends data appears to show now folks This is the first report on this that I'd seen that retail interest uh is There as a result of this I can't I I Don't recall seeing anything else anyway Now on an Institutional side yeah Everybody's been getting positioned and There there are individuals like me who Have actually purchased in recent days Cryptocurrency and this is a part of the Reason why
I and maybe I would have purchased Anyway because I have money it's got to Go somewhere fair enough but uh I was I Was actually thinking about this and I Thought well I I don't know for sure I Was talking about this the other day Maybe it's over half a year until know Market really starts running but it Could be a matter of weeks or just a few Months and I don't I want to have the Exposure and I've got money I need to Invest now so I just want to make sure I Have the exposure since I need to put The money somewhere anyway and I Recognize we may not have much time and I can't know for sure of course I Can't but but given that that's the case And it's reasonable to suppose that we Could see a liftoff sooner than later And then we don't go back to where we Are now until after the Market's over if Ever you know after the bull run's over If ever uh well that that's why I've Been doing what I'm doing here and it's Just interesting to see that now this is The first indication I've seen where Retail is getting a whiff of this of This news wait till the mass Truly find Out this so this this is by this Interest new anyway peace continues the Worldwide Google search value for the Phrase spot Bitcoin ETF for a 5-year Window is on track to hit the peak value Of 100 this week indicating maximum
Interest among the general Population the value for Bitcoin ETF is Increased to 39 the highest since pro Shares Futures based ETF was launched Two years ago back then the search value For Bitcoin ETF also touched 100 so Again it's just one more thing to Consider it's it's just a piece of the Puzzle but it's worth looking at it's Worth seeing how the humans out there Are actually behav like they're just Starting to get a whiff of this well That's fantastic and we were here first And we already have positions and I I'm Still like I've got enough cash on the Side right now that it it needs to get Deployed so I am I have been putting Just not a crazy amount but I've been Putting some money in uh just to top off Bags and I mean one of my positions Actually did get increased substantially But that's largely a function of the Price of the fact that the price of that Particular asset went down so Substantially it didn't take me putting Much more money in to get a major Increase in my total overall Holdings But I'm happy to do that because you Know if the fundamentals aren't changing With the project and price is just down Because it's down because there's human Liming retail speculators you know Following one another off of okay well I Don't mind that at all so it's it's
Going to get really exciting really fast And and I say fast that's subjective and I because even if it's over half a year Okay but there's a possibility it could Be way way way sooner and there's no Shortage of people people suspecting That we're going to see that spot Bitcoin ETF getting approved this year In fact and I'm telling you if you if You wake up and you check price before The news and you see that Bitcoin Andor Xrp or whatever crypto just way way way Higher that's probably why then go check The news and you'll be like yep it's It's going to run when this happens so You just got to ask yourself do you Think at some unknown point in the Future there will be approval for that Or do you not for me the answer is Firmly yes and so I've made sure that I Have my position and xrp is going to Benefit more from a spot Bitcoin ETF Than Bitcoin will I mean that now now Initially obviously Bitcoin is going to Get the greatest response sure sure but In terms of the multiplier effect Because xrp moves in tan them with the Market duh yeah absolutely it's going to Be way better for xrp than Bitcoin of Course it will because what's Bitcoin Going to top out this Market cycle well I don't know is it going to be 100,000 150,000 a quar million dollars I don't Pretend to know the number but even if
You're talking about that type of Multiplier effect what do you think that Means for xrp so the better things are For Bitcoin the better things are for Xrp but there's still no matter what Going to be a way more impressive Multiplier effect for xrp because There's just less money in it so it Takes less to get it Going we're almost there folks we just Got to hang in there a little bit longer And then you'll get all of the uh the Way Wayfair fans of crypto they'll They'll be back along with a bunch of New new people have never who've never Been in crypto and um and they're the Exit liquidity that's just how this Works they'll be foming in just like new People do new investors and you see it In in traditional markets as well and That's just how it goes it's not bad It's not evil they're placing their bet We're all adults and we're placing our Bets and I just happen to have a high Level of confidence that my bet to sell When we get to those highs will be more Correct than their bet that it is Reasonable to purchase at those levels But humans just keep behaving like this And so part of my strategy is my my Expectation is that the humans the silly Ass humans will continue to behave like This which is ridiculous but they can do That and I'm going do me just
Saying 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
