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Hello this is Matt on the moon Lambo Channel with the recent dip that we've Seen over the last few days are so led By Bitcoin it has presented opportunity Now I've long said that my crypto bags Are packed they've been packed for a Long time I mean in fact uh even when we Were going into the Bull Run uh the last Bull Run um yes I was super like I'm Still xrp heavy right now it's my Largest individual coin but last Market Cycle I was really counting on that one Hitting a new alltime high and of course Wouldn't you know it of course the SEC Shatters my opportunity for Life-changing wealth last Market cycle Is what it is um but I felt like I was My bags were packed even back then uh But now they're super mega quadruple Packed like they are like I've never Been so ready for a bull market in my Entire damn life this is my third one Now um and and so with the most recent Dip even though I don't need any more Crypto uh here's the deal I keep earning More money I have multiple revenue Streams I have accumulate money and I'm Not going to keep it in cash it's got to Be invested somewhere and so the bull Market's going on and yes it was better To buy stuff broadly speaking several Months ago and I was uh but that was my What I thought would have been my final Accumulation but you know keep earning
Money got to put it somewhere why not Top off the crypto back so I bought a Few more coins and I'll share with you Exactly what I did right here um but It's been a great opportunity for those Um who wanted to top off on xrp 2 Because xrp even though it jumped up Close to 20 20% in a single hour a few Days ago um it's gone back down and so While some people are crying up a storm About that like little babies there are Others who be like oh yeah great well Got more money now and I want to Purchase XT there's all I've seen tons Of examples of that on social media There's just there's opportunity all Over the place so going to talk a bit Specifically about xrp what's going to Set that off I'll I'll talk about that a Little bit later in the video but the Charts like and I've been covering some Of the stuff recently of course the Charts are prime say what you will and You can be negative right now if you Want to because price go down recently But do you understand what the price was Like like half a year ago like we are up So much higher this is incredible um and Everything's so well positioned you're So fine you can cry cry cry a river Because it's down over the last few days But this has just presented opportunity And so even I was like well I guess I'm Going to buy stuff I also want to share
With you a theory about what's really Going to set off alt season but um Before going further I do want to be Clear I do not have a financial Background of any kind I am not offering Financial adice 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 all Right so this morning I shared this post On X my bags have been packed for years But since prices are lower and I keep Earning new money it has to go somewhere What should I buy no small caps micro Caps memes Etc just large and midcaps I'm not a Dun though nothing against Those who are I'm just lame at least I'm Honestly about folks uh with prices Going down in capital to allocate I Think I'll buy some stuff not xrp since It's my largest holding by a ton but all Other considerations welcome and so Basically basically I was asking people To shill crap to me and they did and I'm Appreciative of it and I did buy just a Few things I'm I'm going to go back and Buy a whole bunch more I think um you Know unless price starts moving way to The upside and then I might be Disincentivized because I just don't Care that much like to be honest with You this is just icing on the cake if I
Didn't have this I'd be like yeah Whatever I just and I did put real money Into these these positions that I just Opened here um but uh you know and by The way as far as being interested only In like well almost entirely just in Large and midcaps I mean technically I Have some small caps but um the the Reason being there's so little money in Large caps even they're still in the Vast majority of them anyway so you can Get incredible multiplier effects on Them and they're less risky broadly Speaking I think they're not as far out On the risk curve and so I did want Something that's a little bit more risky Cuz I I hold a lot of top 20 top 50 Cryptocurrencies um and I was hoping to Mostly get a bunch of stuff a little bit Outside that maybe you know between like 100 to 200 maybe closer to 300 in terms Of market cap and a couple of them were In kind of kind of in that range but um You know my thoughts on this and I'll Show you what I bought in just a second Here I actually I only bought three more Different cryptocurrencies but that's Because I had limited time I do plan to Go back and just buy more stuff because Why the hell not um but my thought Process on this is the entire asset Class is going to go up we're in a bu Market so yes it would have been better To buy this stuff several months ago but
Money's got to go somewhere it's Probably going to be better placed here At least for the short term for the Duration of this Market cycle this year Uh than than putting it in you know like An ETF that tracks the S&P 500 or Something like that I could do something Even more lame like that I could um and The S&P 500 presumably is going to keep Going up for like the next year or so Who knows um but uh you know even with These large cap coins you can really get An incredible multiplier effect so I'm Happy with that I'll still be perfectly I know a lot of you listening uh would Probably throw it into like micro caps And that's fine like I don't I don't I'm Not against people if they want to do That with a little bit of what they hold But for me it's just my investment Strategy is just I've never been geared Towards that I just haven't it's it's Not my jam I don't want to go that far Out the rist curve I feel comfortable Here so this is what I've done but I am Going to go buy more stuff so this is Random this is some of the stuff that People Shield to me um one of them is Render this would have been way better To purchase like let's look at the 12 Chart yeah like in SE M when it was a Buck 50 and I bought it under 13 bucks I Can't remember what the price was when I Bought it but uh yeah it's I mean it's
It's close to alltime highs and so Normally you don't want to buy stuff at Alltime Highs but we haven't I just I Don't think we're near the blowoff top For this uh for this this this this Market cycle and so even if I get a low Multiplier effect like even if it say it Triples who knows I don't know if it's Going to do that Cool and and to be clear here like this Is not an invitation to buy the stuff That I bought could be making very poor Decisions and then I just don't get Anything out of this that's very Possible uh but my expectation is that The asset class moves in Tandem and so I Didn't thoroughly vet these um because I Know how the market behaves like I Understand the market the market broadly Speaking moves in Tandem and so I just Have additional plays opened up and I Think that on the whole it's going to do Quite well for me but for these coins in Particular these three that I bought I Mean I might not be looking for you know Much of a multiple maybe I'll even a Five 3 5x for a lot of these maybe maybe I'll just sell it because they like okay Whatever good enough and it's still Meaningful money at that point you know I didn't put in like a penny in each of These I put in actual money into this Stuff um and then there was this one This is cryptocurrency called Joe and um
Here we go Joe you know I shoot I guess it was the only live uh Coin market cap that had the explanation With I actually it's like here's how Ridiculous this is and this is it might Sound stupid because like normally you Would not advise somebody to put uh Money into an individual asset if you Don't have a really good understanding Of what it is but the asset class moves In Tandem and I've done plenty of Research for over six years for my core Positions that I care the most about Tons of it so if you want to call this a Little bit of me gambling you can Characterize it as that I I don't really Because the asset class moves in tandem I don't feel like it's that much of a Risk when you're in a Raging Bull Market You know prices came down and I bought This I bought I bought some of this Stuff here I can't even remember what The hell it Is I just I don't care that do you like I don't care like if I didn't have these Coins I don't care I'm like my bags are Packed okay and I've got xrp which is my Largest individual holding a bunch of Other major positions H bar I'm really Into the utility coin so to have this on Top and if it goes because I and I think The asset Clash is just going to move in Tandem that's what it's been doing for
The last half a year I mean I've seen This movie before this is what happens Then cool then I'll get some extra cash That I otherwise wouldn't have but it's Basically like you know the cherry on Top that's pretty much it so I bought This one I don't even remember what the Hell it is that's how much I don't give A damn like I honestly just don't give a Damn and I did put real money into it But whatever uh then there's this one Pendle I forgot what the hell this one Is too $22.74 uh but see this is 126 in in uh In market cap out of over 20,000 coins And this Joe one is 196 so it's further Out than a lot of my coins because I did Like I said I've been gravitating Towards you know a lot of stuff that's In the top 20 the top 50 Co coins so It's good to get a little further out The RIS curve but not Insanely um and so again this is not an Invitation to copy me you can tell that I didn't put much thought into this I Just don't give a damn like because Again I I if you just have that core Understanding like this would be to to Anybody that doesn't know crypto if I Told them this they'd think I'm a damn Idiot but then if you teach them and Show them proof that the asset class Moves in tandem I could probably Persuade a lot of people like oh okay
Well I guess it doesn't matter because It's just number go up for pretty much Everything it's just a question of to What degree CU it's not the case that I Think everything's going to hit Everything that was around last cycle I Don't think everything's going to hit a New alltime high but that's why I'm Saying when it comes to some of the Stuff here I might just sell it even Like if it just starts to go and it's Not an alltime high I might just sell it I I I don't care I just don't give a Damn like I genuinely don't it's just Cherry on top don't Care um I I care about my core positions Way More um here is a post from um chart Analyst wrecked capital here I'll make This full screen and this kind of makes A good point here uh Bitcoin we are here The green circle if you can't really see The recent dip that's precisely the Point of this post y you can see a Little bit of a red if you're looking at A big enough screen like you can see This a little bit of red right there That's where we are but look this is This is what happened in previous Cycles Too when it's bumping up up against that Range that was the all-time high for the Previous cycle the this is what happens And I was talking about that a lot in my Last video like this stuff's still going
To Go and so um you know in fact later on I Do plan to buy a whole bunch more Different cryptocurrencies that people Were Shilling me because again I don't Give a damn I guess I've said that Enough now right I really genuinely Don't whatever happens happens it's fine I'm not worried about It uh money's got to go somewhere right We're in a Raging Bull Market I think It's going to be fine uh but look at how Early on on we are like this is part of The reason where I why I keep saying I Don't give a damn it's because look at Where we and this is Bitcoin here but Bitcoin goes alts follow right Historically yes so why wouldn't I Expect that I don't need crazy Multiplier effect to get the Life-changing wealth that I'm I'm Seeking in crypto I really don't because I spent over six years accumulating and Preparing for this Moment here's a post from altcoin gim And I like this he just say common stuff Common Sense stuff here he says uh don't Become obsessed with nailing the top Because it actually doesn't matter in Any way here I need to make this full Screen if you've uh if you've achieved Your goals then secure the bag if the Market keeps going up who cares Celebrate the fact you managed to kill
It early on making money greater than Clout that is so spoton and you don't Hear people speaking such obvious Common Sense enough in the world of crypto People trying to nail the top I'm like Hell I don't give a damn about that if It's if it's lifechanging to me if it's Sufficiently enticing me I don't care if It keep go keeps going up afterwards and In fact I'm expecting it to I don't Believe for a moment I'm going to sell The top I'm going to see I'm going to Sell I'm going to be thrilled with the Money and I'm going to see it keep going Up to whatever degree maybe two three Four five times who knows how much Higher a lot of the stuff's going to go After I sell it leaving tons of money on The table and I just don't care we Should not be trying to nail the top That's how you screw yourself you're Going to miss it you will not hit it and So Frey xrp Community member reposted That and said this is exact I'm sorry he Said this is how I am exactly this yep Same here don't worry about it it's okay I will happily leave money on the table It just doesn't Matter uh there's this post from Checkmate Um he's the lead onchain Analyst at Onchain analytics for glass node big fan Of glass node and he said investors are Motivated by profit and loss no matter
The asset in question it makes all the Sense in the world for Bitcoin to take a Pause here given mvrv reached Plus One SD levels where numerous major Correction Peaks were hit in the past And so look every asset gets treated the Same it's in that's part of the reason I'm so excited about xrp like it's going To be treated like every other damn Crypto out there and i' just be shocked If it doesn't hit a new all-time high It's got so much going for it uh there Was this post though from somebody named Wabby Sai poy says that's a fun name on Social media platform X not so thrilled About xrp he said Bitcoin and eth have Interested investors xrp does not it Will miss another Bull Run and you'll be Making these same claims for the next Decade while the others have already Exceeded those predictions 35 cents lfg Which means let's effing go like this is The stuff that we have to deal with it's It's garbage it doesn't make sense it's Not grounded in reality and I was Talking about this in my last video but You keep seeing this there are so many Examples of this now but xrp is behaving Exactly like it has historically in bull Runs this is what it does it tortures People it moves sideways even when it Moves up it retraces right back to where It was like there's so many examples of This for like a 10 years worth of
Examples of this but they think that Mean it's number six in market cap I'm Sorry people aren't interested in it not There's no interested investors with Over 5 million wallets and wallet Trending to the upside consistently uh Since Inception that's Bonkers when I jumped Into crypto there were less than 700,000 Wallets there's now over 5 million from 2017 to now over 5 million wallets now Uh that guy's wrong and so Nick crypto Crusader reposted that and said this is The sentiment echoed around this space For years now xrp will have its time in The sun it's just crazy how it feels Like 2017 all over again yep were saying The same stuff in 2017 and then it Melted faces and all these people looked Like idiots that's just how it goes uh Here's a post from chart analyst dark Defender hi all just an update on the Xrp BTC pair the last time we checked The ultimate support for this pair we Expected a reversal based on historical Data this week xrp started appreciating Against Bitcoin weekly and monthly time Frames I wanted to share the six-monthly Time frame to better understand where Xrp stands against bit coin green God Candle is ready for launch and folks This is exactly the moment in time Roughly Speaking when in the last couple Market
Cycles xrp took off it looks dismal it Looks terrible when you price xrp in Bitcoin and then it just Goes uh here's chart mlc Great crypto Xrp BTC pair he's talking about the same Pair here he says area of confirmation 0013 to 00004 update check out the post for March 3rd 2024 before to understand the Wave C and just for the sake of time I'm Going to go plat past that but he says Let's zoom in for a better perspective It's clear that xrp BTC bounc from 0.859 but for better confirmation and More confidence in this bounce xrp BTC Should close above 001052 xrp Army stays steady I know the Frustration you're feeling but hold Tight or you will regret it for the rest Of your life yeah and some people are Going to screw this up there are people That are Panic selling and Okay I'm not ever going to tell people To buy or sell or hold I don't care what People do I'm just observing what They're doing and I have suspicions About how they're going to feel about That once this Market Cycle's over and Probably not very good that would be my Guess uh here's a post from Scott melker The Wolf of all streets and I want to Know I just want to run this by you guys I don't know for sure how I feel about This but he has a theory on what's
Actually going to set the allcoin market Of Blaze and it's and if you look at Like alts actually have been running for The last several months you know four Six months whatever it's been but um He he clearly believes that the most the Greatest Mania is not yet here and I I Would buy that like I do agree with that But he thinks that doge is going to set This off Dogecoin and here's his Rationale and there are multiple people That are actually buying into this Theory you could be right I'm just Curious to hear what you guys think so I'm going to lay it out and I'd love to Hear from you guys in the comment Section tell me what you think uh but Here's the argument mainstream fomo will Return to the crypto Market when Doge Makes a new all-time high this is my new Theory that I have been thinking about Since this morning uh this this is on March 12th by the way Bitcoin has made a New all-time high and there is seemingly Minimal mainstream interest anecdotally I am not getting calls from old friends And family asking if they should buy Bitcoin people seem to forget the Mainstream fervor last cycle came Through dog coins and Nfts there were three monthlong waiting Lists on exchanges just to sign up and Buy Dogecoin those are the people who Are waiting for their Investments to
Come back to get excited about this Market again whether we like it or not I Don't uh do you think this Theory makes Sense yeah so the idea basically once They notic that they uh you know in the Green on Dogecoin because that is a coin That brought in a ton of people like Undeniably that is true it ran like Crazy last last cycle especially with Elon Musk helping it and all that all That crap uh once they're in the green That's going to bring more attention and That's the theory it's plausible it's Certainly plausible and in fact um Here's a post from chart anals Max who Seems to think there's something to this Whole thing and he wrote uh the Following and this is from last night he Wrote the true altcoin signal in crypto Is Doge study it Doge dominance is on The top and Bitcoin is on the Bottom you can clearly see that Doge Dominance uh percentage bleeds Aggressively as Bitcoin Trends into a New all-time high once Bitcoin gets Clearly into price Discovery a green Rectangles we see the dog wake up every Other Al coin will follow we are doing Exactly what we always do Market wide is That a coincidence that Doge dominance Put in the same deviation that it did in 2020 exactly as Bitcoin was making a new All-time high I don't believe in Coincidence it's happening like this
Because this time isn't different stay Calm if this if this uh a bull market Then historically this has been the dip To absolutely shove altcoins on and so There you go and I did buy some and then Here's the this is the theory you can See what happened last Market cycle Bitcoin doing its look at the Dominance so if history is more or less Going to repeat then maybe there is Something to this I'm just curious to Hear what you think I haven't thought About it terribly in depth I just I just Thought it was interesting and and it Sounds plausible at least at a minimum Uh but I'm really curious to hear what You guys think about this because if This is indeed the case obviously it's Just one more indication that The Best Is Yet ahead and that's why when I'm Buying these these stupid coins ibe They're not stupid I don't know that I Don't really know much about at all I Don't care like that's why that's why I Keep saying in this video like I just Don't give a damn because I've already Done my due diligence I did my homework I've got POS positions that I think make A ton of sense and then this is just the Icing on top of the cake because I think Pretty much everything's going to go and I'm not going to worry about some of the Stuff and I'm going to buy more stuff by I have every intention of buying more
Stuff I just I didn't have time earlier Today I just popped off a few purchases I bought three coins like I said I'm Going to buy more stuff uh but I have Every expectation that pretty much all The stuff's going to run and I'm I I Since I don't know a ton about it uh I'm Just not going to worry about it I'm Just when it has it some multiplier even If it's not at alltime high I'm probably Just going to sell the crap cuz I don't Care it's just on top I'm counting on The rest of the stuff really but but if It does go even if it's just like a you Know a 3X 5x 7x if I sell anywhere Around there it's enough that even with Those few coins I about it's actually Meaningful in absolute dollar terms to Me so we'll see what happens I'm very Excited for this like we're going to Have a really fun time here so hopefully You guys haven't been fearful the last Few days cuz it just doesn't make sense To be fearful here this is this is Awesome I love this stuff the bull Markets are the freaking best and I've Done my work prepping for this I've been Doing well I prepped for over six years Like this is the moment for me I believe Anyway we'll see what I mean there's Still time for me to screw it up I could Screw it up somehow that I in a way that I'm not foreseeing but I'm very Optimistic that this is the moment where
I I get my lottery ticket right you know What I'm saying and it's going to win I'm not a financial advisor 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
