Why Bitcoin BTC WILL Crush Altcoins In 2019!

Today we are going to be looking at the satoshi value of altcoins, as you can see we have this double chart pulled up with Bitocin on the left and Ethereum to Bitcoin on the right. You can see we have a smarter market and a lot of a smarter investor influx. As when in 2017 as Btc rose we saw ethereum rise in satoshi value. In this new bull market this time around as bitcoin rises we can see that ethereum has stayed at these all time lows in Satoshi value and has not seen any movement as we are seeing that across the board with almost every single altcoin. This is the big elephant in the room and we are going to go deep into some fundamental analysis.

Lets first and foremost talk about what’s happening here with Bitcoin / Altcoins and why we may see a shift in dominance were BTC may start to head towards its 80% dominance range. When we pull up this BTC dominance chart you can see we are starting to see this orange which is BTC representation heading back towards these highs. We are going to be talking about why this is happening and why I believe more investors are going to be coming into this market a lot smarter, putting there money in asset classes that have actually have intrinsic value like BTC where its limited in quantity and the demand continues to increase as it becomes more of a storage of value not a currency.

At the end of the day we have to realize that BTC is not a currency its a storage of value and it was meant for a recession and once again we may be approaching. another recession with traditional markets. First and foremost let’s talk about Bitcoins overall technical analysis and overview. Other headlines we will talk about include 1 satoshi now being worth more than 7 national currencies, future contracts for bitcoin hitting an all time high, and Netflix launching a documentary and Vechain.

This is the analysis that I talked about on Wed the 26th of June 2019. We were waiting on this daily candle close above 13500 for us to see confirmation that we were going to go ahead and head towards our next target of 16300k and than 19k but you can see we failed to break that resistance level with the body of our candle and we only saw a wick pierce right through with is a very bullish sign. Were going to talk about where we predict Bticoin heading from here. I want you to realize that what we saw here on the daily with this correction was very healthy. You can see not only did we bounced off the EMA but we were able to go ahead and close all of these longs. If you guys understand how institutions work, the institutions are not going to allow for everyone to have leveraged longs and continue to see price action to the upside. That’s why you see this big sell volume, these are the. Brokers that are trying to go ahead and liquidate all these long positions and that’s why you can see it always ends up going back to market structure and consolidation. When people are setting up there longs and entering multiple times now they are on 500x Leverage for example and now you just all this price action to upside, if these brokers allowed bitcoin to jsug see a lot of upside momentum they would lose a lot of money. That’s why you’re always going to periodically see these corrections along the way as we see price action to the upside but over all bitcoin is still very bullish. That’s why you see it corrected back to this consolidation area and liquited everyone who went long and started heading back towards its highs, it will continue these patterns as we see higher and higher price levels. Please note as we are starting to head back up to head back towards this $13,500 resistant. We have a lot more buyer momentum being the fact that we saw this initial short term correction. That’s the biggest thing that id be watching for right now in this market Bitcoin is still on the move and altcoins are very undetermined.

Other altcoins compared to bitcoin right now when you look at satoshi valiue looking at BTT a long term hold all time low in BTC value even BNB a coin that has withstood the beer market, but saw amazing growth in 2018. If you guys remember we talked about BNB coin in January in 2018 being the #1 coin to invest in, we saw tremendous growth with that call but now as Bitcoin starts to head back into this. Bull Run investors are getting smarter. You can see we’re seeing even low Satoshi value for a coin like B&B; and that in comparison to what we’re seeing in Bitcoin is astonishing because with Bitcoin you can see we’re seeing these major spurs of growth while we’re not necessarily seeing that with. some of these other strong coins like B&B; and I’m looking at satoshi values here.

If we were to pull up the USD chart it would look completely different but the point is sometimes you have to realize that holding Bitcoin is sometimes better than holding alt coins because if satoshi value stays the same for that altcoin or isn’t necessarily moving there’s going. to the downside like B&B; then there’s no point of losing Bitcoin to hold an altcoin unless you have that in your trading strategy. I’ve seen strategies where people will use some altcoins as hedges against Bitcoin when bitcoin is seeing downside action and that’s definitely a possibility and it’s definitely something you can do but for the most part you don’t want to be losing satoshis right now because the most valuable thing in this market right now is Bitcoin and that’s proven here by this global chart.

So to move on to total cryptocurrency health I want you to look at this top 100 chart here by coin market cap when we look at USD value of these coins a lot of them are seeing amazing gains but then as soon as you pull up Satoshi values you can see the majority of them are seeing astonishing. downside price action in comparison to the amazing Bitcoin bull run that we’re seeing right now. I believe the reason for this is investors are getting a lot smarter and they’re realizing that if they’re going to be putting. liquidity and capital into an asset, that asset has to have some sort of intrinsic value and we talked about this in the 2017 boom. I personally believe the majority of these all coins will not be around five to ten years from now because it’s just a representation of what happened in the dot-com bubble & 2000 when you had all of these websites you had companies saying hey we just launched a website and the next day they’re stock rising ten thousand percent most of those companies are gone the ones that withstood that are some companies like Yahoo Facebook Google Apple. That’s why it’s gonna be very important in this bull market cycle when investing in altcoins to get your information from legitimate sources.

I want you guys to realize that there is something big happening around the big elephant in the room is what is happening to these altcoins as we start to see them head towards these major lows. When we look at all of these altcoins against Bitcoin right now on a weekly chart they’re all in downtrend or they are hitting all-time lows you can see even XRP broke a major support level here in regards to satoshi value and it’s continuing to head down.

To go ahead and move on we want to talk about Gold, so if you look at Gold’s chart what’s very interesting is if you look at Bitcoin versus gold we’re seeing very very big similarities now the thing with gold is, gold has been around for decades and decades and decades and Bitcoin obviously has not been around that long. Bitcoin has been around since 2008 but really you couldn’t really even obtain it until 2009 2010 because it was so hard to obtain there weren’t wallets there weren’t exchanges. What we’re seeing with gold which is an og asset is new all-time highs, a break-in resistance that we saw since 2013 and we haven’t seen it break these levels since 2013. The craziest thing about all of this is Bitcoin is the digital representation of gold and they’re both very similar when it comes to fundamentals where Bitcoin and gold are limited in quantity and I believe the reason we’re seeing this price action to the upside breaking these all-time is since 2013 we’re seeing Bitcoin out of every other cryptocurrency seeing major price action is because we are starting the next recession when it comes to the world economy I personally believe we’re gonna start to see currencies go to all-time lows and we’re gonna see more and more liquidity flow in to assets that actually have intrinsic value and an asset that’s limited in quantity typically have typically has the most intrinsic value such as gold. So there’s really two scenarios here in my opinion bitcoin is either gonna continue to go to the upside break new all-time highs and the majority of altcoins are either gonna crash or consolidate and the other scenario would be Bitcoin consolidates at these higher levels maybe it drops back find support around 10,000 I don’t believe that this is the gonna be the most likely scenario but this is a possibility. If we see Bitcoin consolidate whether it’s at all-time highs or not at all time highs I don’t think it’s gonna see any sort of downside anytime soon, it is in a very strong bull market.

You can see on this weekly chart just tons and tons of volume and what’s very interesting is that a lot of people are asking the question is this institutional volume or is this retail investor volume. Well if you look at how these volume spikes come they’re very similar, every single time there’s liquidity a little spike of buy volume comes in and for the most part it’s similar in size right the allocations are very similar every single time we’re seeing capital come into this market and that’s how institutions will come into this market. They will not be the big elephant and they’re not just going to put all of their liquidity all their capital in the market they’re gonna slowly insert capital see how retail investors react, insert more capital see how retail investors react and so forth. I’ve talked about Cambridge Analytics they have the reference points for 300 billion dollars in managed assets and for the first time ever in March they announced to all of these institutions that they recommend 30 points in blockchain and crypto and those institutions will at least take a year for their full compliance to be completed in order for them to see any sort of their capital built into an asset class like Bitcoin.

If we pull up this next article by Mike Novogratz a billionaire you can see here he says “Bitcoin at $10,000 expects Visa and MasterCard to accept Bitcoin in 18 months” and then he talks about exactly the topic that we have here and he says “this is a step function first they’re gonna accept Libra coin, I would bet you within 18 months Visa MasterCard accept Bitcoin as payment as well” Mike Novogratz affirms that institutional investors are getting more comfortable with blockchain as the foundational technology for a new global financial infrastructure emerges and then he says we’re seeing institutions moving into this space and this run wasn’t institutions its people front running them. It goes into more depth as he talks about how China is investing in this market and I actually have personal sources to validate his theory. We’re seeing a lot of interest from Dubai, the Middle East as well as China, South Korea, of course the majority of volume that comes from South Korea is because South Korea is so used to digital currencies like you know they were really where the gaming spur was created and that’s why because they were so used to gaming, digital currencies was just something that they were already used to. Than you see places like China that are already using digital currencies as their primary currency because if you guys go to China and you don’t know this the majority of them are using WeChat they’re also realizing okay Bitcoin makes sense it’s limited in quantity it’s digital our world has been interconnected in the last decade because of the internet . I’ve sat alongside Brock Pierce who was the founder of EOS and I’ve heard him say this multiple times the current internet in its current state is broken, it’s built on a weak foundation and must be rebuilt on a blockchain in order for full security and for full efficiency of having an interconnected web across the world. The current foundation of our Internet is completely weak and it is not stable enough for future growth and so with all of that being said it would only make sense for not only a digital currency to reside but also for the majority of companies to start moving towards blockchain infrastructure rather than traditional infrastructure and that’s why you see Facebook announcing the Libra coin.

What’s interesting about that, well understand this if Facebook is gonna announce the Libra coin and give people digital wallets, do you believe that they’re gonna allow Bitcoin in their digital wallets? Yes or No

Overall we’re in a bull market there’s no point of doing technical analysis on a short timeframe right now at the end of the day bitcoin is going long . It’s continuing its rally up as there’s major volume coming in right now and we have not yet seen the most of it, this is just the start. Remember during this whole upward cycle look how high the RSI stayed at these overbought levels for how long they stayed at these overbought levels. We have just entered these levels these bullish RSI levels on the weekly so very very interesting very exciting.

Let’s get into some articles that I believe are extremely important for you guys beyond the Mike Novogratz article that we just pulled up. So the next article here is that Satoshi is now worth more than 7 national currencies you can see the iranian vietnamese indonesian, Bitcoin is now worth more than seven national currencies. We’re going to transition into a digital currency the same way that over the last decade our world has become more and more interconnected with social media and the internet i believe a digital currency is necessary i think bitcoin is gonna be that currency. Another article here, bitcoin futures trading volumes break all records 1.7 billion dollars worth of bitcoin contrast exchange hands-on CME. Is it a good thing that we’re breaking all-time highs or is it a bad thing? It’s a good thing right fundamentally this is showing a lot of optimism in this market and it’s showing that we will potentially see a trillion dollar market here.

Another article here, bitcoin futures trading volumes break all records 1.7 billion dollars worth of bitcoin contrast exchange hands-on CME. Is it a good thing that we’re breaking all-time highs or is it a bad thing? It’s a good thing right fundamentally this is showing a lot of optimism in this market and it’s showing that we will potentially see a trillion dollar market here. Soon netflix launching an altcoin documentary is that bullish? In a fundamental sense, 100% let me tell you guys exactly what’s happening here and then we’re gonna talk about some altcoins and which ones to watch and how to properly analyze them.

Everything that we’re talking about here summarizes in this graph. Innovation adoption life cycle, this is one of my first charts that I lived streamed on Youtube back in 2016. I told everyone we were still in the early adopter phase and that the early majority has not yet come. I’ve been in this space for almost ten years and I remember the innovators like Vuterin, Brock Pierce, Roger ver. those were the innovators than the early adopters came in 2017 people that were exposed to Bitcoin at one point in their life were the ones that most likely invested during that cycle but now that people are aware the innovators have already proven the concept the early majority phase is here to come and you can see this is the major phase this is the phase that you want to be at the forefront of not end. This is where you see the most growth as an investor or as somebody participating in this space so very important that you guys realize where we’re at right now in the technology adoption cycle.

To move on and talk about some altcoins so I want you guys to remember I don’t believe a lot of these altcoins will be here five to ten years from now. Im gonna talk about why, here’s one example right here, the Vechain platform if you guys are familiar with Vechain you can see here it just took over Ethereum’s daily transaction volume with real world valuable transactions.

With the same amount of transactions Vechain is on point zero four of capacity while ETH is at 100%. That article alone shows you that some of these coins like maybe Ethereum for example are not built on advanced blockchain systems and models. What that means is we may see some of these coins vanish. What was Ethereum primary use case well in 2017 it was to fund ICOS. We saw billions of dollars of funding in this new bull cycle and in this new bullrun were not seeing ICOS and guess what that makes a hundred percent sense.

When we look at the satoshi value of some of these alt coins they’re not seeing growth Etheruem. in my opinion has lost its intrinsic value in the fact that it’s not being used to raise funds anymore. What’s the biggest use case of Ethereum right now, its crypto Kitties. That’s not good use case right, its not like Bitcoin where it’s a limited asset that has worldwide access and was supposed to be a currency but now is becoming storage of value that’s intrinsic value. It’s just like gold but when it comes to Ethereum and we realize okay well every year they have inflationary systems in place where there’s more Ethereum that’s created and is that fundamentally a good business model for a coin? Probably not, because we’re so ignorant right now in this phase of the market because we haven’t even entered early majority so it’s just like being in the dot-com bubble around 2000 and not necessarily having a full grasp of what’s about to happen in five to ten years.

In 2000 I bet each and every one of you guys, none of you guys would have guessed social media was going to become a thing. None of you guys guessed. that YouTube, Facebook, and Instagram would have become behemoths. Those are all new concepts that came from the underlying technology that was created in the early. 90s. The same thing is happening now people are still ignorant, they don’t know what is the best use for blockchain what is the best use for these coins what is the best use for digital assets but what we do know is fundamentals will never lie and so you always have to get your information from the right people and that’s why I’m highly highly motivated to continue to grow Traders Profit Club as we are currently the largest cryptocurrency educational group in the world and we will continue to have more and more features, more education, and more resources for each and every one of you guys.

I want you to pay attention to this chart, total crypto currency market cap chart all of this new volume coming in. Way more buy volume, it’s. a lot more aggressive a lot faster very very positive for our market here when we see this type of volume and this type of price action and this is the total crypto currency market cap chart and I’m very very positive and I’m confident just like I was in 2016 and 17 that we will see a trillion dollar market cap here very soon and Bitcoin does have the potential to be the majority of this market. I would not be surprised for Bitcoin to gain back its dominance at 80% as it stood in the past since 2013 it stayed at that level. Remember everything that happened here was uneducated investing everything that’s going to. happen here moving forward is educated investing that’s the biggest difference right now guys.

In 2017 people weren’t educated, I’ve had people come to me in conferences when I’ve spoken all around the world thank you so much for posting videos thank you for going live every single night in 2017 for six hours straight for us, that helped me so much. I’m saying as a community as the other youtubers that you guys watch, as we see more and more documentaries by Netflix, more rappers like Big Sean rapping about Bitcoin right those are the things that are gonna allow us to hit the early majority phase in this cycle and it’s not going to. be hard in my opinion because of the fact that this is a worldwide movement this isn’t restricted towards any sort of country this isn’t restricted towards any sort of demographic it doesn’t matter where you come from how much you have or who you are, you’re able to have a Bitcoin.

Question from Andrew Fisher: Do you see Bitcoin cash catching up to its historical equivalents with Bitcoin for instance you always see Bitcoin cash lag behind BTC and catch up soon after do you see this happening?

Respond: For those of you that don’t know. Bitcoin cash is a fork of Bitcoin and it was created by Roger Ver to make Bitcoin quote-unquote better but here’s what I want you to realize if we pull up the Bitcoin cash chart against BTC we’re seeing exactly what we’re seeing with all these other altcoins we’re seeing Bitcoin smash the value of all these other altcoins. Huge sell volume coming in for Bitcoin cash in a complete downtrend on the weekly. I don’t I would not say that Bitcoin cash has any sort of protection against what’s about to happen right now as Bitcoin continues to see more and more liquidity flow into it.

If you’re holding altcoins, literally as Bitcoin continues to go up your. there are investors taking Bitcoin away from you. That’s pretty much what’s happening in your Binance account when you’re holding altcoins and you’re seeing your Satoshi value drop. Now there are strategies that can be implemented when trading that allow you to not only preserve u.s. value but also Satoshi value.

I’ll give you an example in this recent downturn where Bitcoin saw that 20% or 14% correction as it started to head towards the 13 thousand dollar range in my portfolio my Bitcoin went up as Bitcoin went down and it was because I wasn’t holding Bitcoin as Bitcoin was heading down my Bitcoin was sold and then when Bitcoin saw downward momentum altcoins actually saw upward momentum. I’ll show you exactly what I mean by that if we were to pull up a one-hour chart here and this is a little bit more advanced strategies. If I were to pull up a double chart here with Bitcoin and then also pull up a double chart here with litecoin, I’ll show you exactly what I mean so on the Left we’ve got Bitcoin to the US dollar on the right we’ve got litecoin to Bitcoin so when Bitcoin as you can see started to head down that so we saw this top here at 13 and then you can see soon as we saw that major crash what happened here with litecoin. It saw that movement up right so if you were to liquidate Bitcoin here and go into Litecoin instead of waiting to have Bitcoin recover then what would have happened is not only would have you preserved your Bitcoin value but you’ll have the opportunity to reenter Bitcoin and then gain more satoshis as the litecoin satoshi value receives. You have to understand this market is not like forex it’s not like stocks it’s not like commodities it’s not like futures this market is the cryptomarket and it’s a very different market than all these other markets because you have to consider the Satoshi value of every asset in this market not just the USD value. Yes you can trade based on US dollars but when you understand the Satoshi comparisons. The best way to put it is you have to understand the dynamics of both if you understand the way altcoins will act and react towards Bitcoin you will make better trading decisions because you are not just trading based on US value you’re also trading based on Satoshi value.

Question by Mason: What do you think about Trump’s comments on digital trade and e-commerce at g20?

Response: I don’t believe Trump will be in office for much longer so I don’t believe his opinion matters he has very little control over the growth of this market. The US can do whatever they want at the end of the day they have not banned Bitcoin, they have not banned the use of digital currencies and I believe the reason is because they realize that it’s not something they can stop and if they were to make a move like that it would jeopardize their own national currency and their own economy and I think that they’re just allowing it to be. That is a very good thing and I think that’s why the United States is one of the greatest countries in the world the reason you’re seeing them very very strict with exchanges and that’s why by Binance. has left the U.S. from its main platform and creating this new platform is because the u.s. cares about its citizens and it does not want investors in a market that’s extremely volatile and could allow these investors that don’t necessarily have a lot of income to lose their capital that’s why there’s a lot of strict rules in place. Like accredited investors can be the only ones to invest in crypto hedge funds right now. I don’t believe what Trump has to say is going to really do anything at the end of the day what we’re seeing right now is a shift in our world economy and the reason we see that is when you look at Gold’s chart and you look at bitcoins chart they are very similar and the only reason we would be seeing growth in a limited asset is because we see liquidity coming from other markets as a hedge of a possible market correction. I believe the smart investors are realizing that this is a new era and it’s not 2008 it’s not 2000 there’s a new asset class here and it’s called Bitcoin and it’s just like gold but it’s better and I know that sounds like a sales pitch but at the end of the day I can’t send gold to the Philippines I can’t send gold to Russia I can’t send gold to Australia but I can send you Bitcoin right and they’re both limited in quantity they both have intrinsic value and that’s why bitcoin is such a beautiful asset class in my opinion and I am super excited to be at the forefront of this with all of you guys.

Question from Mitch: Do you have an idea if this Bitcoin pump has anything to do with printing more tether?

Response: Understand that I know a lot of people talk about what’s happening with tether and how that it’s complete market manipulation I personally believe since the US Justice Department subpoenaed BitFenix based on possibly printing tether and artificially creating volume that now they are actually going through with. the logistics and going through more of the actual documentation of what has occurred that they’re gonna protect investors and they’re gonna make sure that we are aware if there is any sort of discrepancies. Tether being printed causing fake market volume, it’s a theory that a lot of people talk about but as long as the US Justice Department is already researching and analyzing that specific scenario or that case I believe we’ll. be fine. I’d rather have them do it than for us to try to come up with all these new theories and talk about something that doesn’t necessarily change the direction of our futures. You know at the end of the day if there’s fake volume coming from tether it’s obviously working right now and there’s a lot of retail investors coming to this market there’s a lot of institutions they’re going to. follow that tether. I just don’t believe that the justice system is going to let us down so I’d rather let them handle that.

Question from RF dusties: What are some good coins you see people talking about mostly from the successful people you hang out with?

Response: You know one coin I heard from one of my really close friends he’s one of the largest influencers in the conference space and LinkedIn. He mentioned a coin Atom that I have not necessarily done enough research to vouch for. I personally have vouched for the bittorrent token because BitTorrent is an already established platform with an all are already established user base. Like Facebook right and the Libra coin obviously that’s coming out Facebook is one of the most tied companies to the government and so the Libra coin for me isn’t necessarily the best place. The most optimistic thing for me it’s more of like a ripple in a way where ripple is quote-unquote not decentralized and I think the Libra coin is gonna be very similar where it’s going to be very controlled and at the end of the day Facebook has access to it, the government has access to it so there really isn’t much privacy, there’s not really much decentralization there. I think it kind of ruins a lot of the reasons for you to use a digital currency I think it kind of puts it back into a centralized control system and therefore I’m not so fond of coins like Libra versus coins like Bitcoin.

One thing that has always stayed in the back of my mind and something I think some of you guys will find it funny is what if out of nowhere somebody comes out as Satoshi Nakamoto which he has wallets that have insane amounts of Bitcoin and what if he comes out of nowhere and starts to manipulate the market. That for me is always something that’s in the back of my head but I just don’t see that happening because I think that that would be insane I think that’s something that I think it’s a big elephant in the room that nobody talks about it. At the end of the day somebody created this and who is it you know so I think that’s the one uncertain thing about Bitcoin but other than that I think whoever was the one to create it is not going to allow it to be degraded like that and therefore they’re gonna maintain standards such as not touching those wallets that have a ton of Bitcoin in them and manipulate the market, whoever is behind Bitcoin once again nobody knows. You can ask anyone nobody in the world knows it, at least it isn’t mentioned publicly and whoever has there’s never been verification. I believe that whoever is behind it is not going to necessarily make bad decisions because for the past ten years they haven’t and so why would they make a bad decision now.

Once again, Bitcoin is not a currency stop thinking it’s a currency. Bitcoin is a storage of value I don’t care how many unconfirmed transactions there are. I don’t care how hard the mining difficulty is, at the end of the day it’s an asset that’s limited in quantity matter of fact in my opinion the reason that it has values because it’s so hard to mine because it costs so much to mine because it doesn’t have such a stable network. I think Bitcoin is gonna be the underlying world currency that we base all other currencies on the same way that we’re basing all these altcoins on Satoshi values I think we’re gonna start looking at currencies in Satoshi value. I think that bitcoin is gonna be used as that representation for people to value a currency,I think every currency will eventually be digital. We’ll see a lot more digital currencies come and right now I believe that there are only very few that will stay around I think the ones that will stay around are the ones that have consistent use case, have good leadership and those are typically ones coming from big behemoths like Facebook or BitTorrent those are coins those are companies that we can be confident in. Then when you look at something like Ethereum and you’re like okay we had what an 18 year old kid code this 10 years ago and vechain/Thor just passed daily

transactions and it’s not even a percent of what it could be while Ethereum is running at 100 percent right now and its primary use cases are crypto kitties, give me a break. Ethereum will most likely go down with a lot of these other altcoins if that’s the case unless use case comes about, its major use case was ICO. We saw billions of dollars in 2017 and very little this year. I think there were several million raised in ICOS this year everyone’s doing an IEO. That makes sense Binance as an exchange they’re the ones making the most money right now they’re coin is the number one performing coin of 2018 during a bear cycle that’s probably a good place to start venturing, we’re gonna see the herd follow success that always what happens the herd follows success.

This is adynamic market it’s more complex than every other market there is because in my opinion the satoshi comparison or the satoshi aspect of this market where you’ve got bitcoin here that is in my opinion the main driver and the main force to be reckoned with.

Question from SG: Would you so just holding alts at these lows or selling into BTC

Response: Like I said you have to have a strategy in place if you’re going to be coming into alts you know really the question is are you a part of a group that is educating you properly.

A lot of our recent gains have come from Bitcoin longs with leverage you know I recommend for portfolios that are under ten thousand US dollars to be in the leveraged market once you have proper education and proper proper know-how not leveraging too much we’re leveraging 3 X 2 X 5 X at most you know that’s how you can take advantage of this market and make the most amount of money. If you have larger amounts of capital it’s doing swing trades allowing those to completely automate themselves by setting yourself up on those higher time frames.

I’ll leave you guys with this, understand when this market goes above a trillion it’s not gonna be the opportunity that it is right now there’s gonna be a lot less volatility a lot less percentage gains and you’re going to look it. like the stock market. You go to the stock market look at the stock market today right type into stock market today let’s see let’s see the fifteen percent gains in the stock market right so we go to stock market today we look at the stock market and this is because it’s a sixty plus trillion dollar market right it’s already seen it’s early majority its early okay two percent gains one percent gains 0.55 percent gains. I’d rather give my grandmother money until there start a business and get more ROI on that. So it’s not what we see with crypto and it’s not going to last as we see institutions come into this market. Once they’re in there volume matters a lot more than ours and that’s coming very soon.

In my long-term portfolio if somebody were to ask me if I Have $100,000 I just want to put it into this market never touch it ever again EOS would definitely be in that long-term portfolio. I’ll tell you right now you know the majority and the way I’d allocate a long-term portfolio right now is I’d put over 50% in Bitcoin, I’d put about 10 percent in Ethereum, I’d put about another 10 percent in ripple and then I put about 7 to 8 percent in EOS and then everything else I would put between one to five percent that’s Bitcoin cash, Litecoin, Manero, Dash, Z cash those are the coins that have the most confidence when you pull up dominance charts here and I’ll tell you exactly why my portfolio is allocated in that way is when you look at what’s happening right now with altcoin dominance the top ten are pretty much doing fine Bitcoin is rising but when you look at others which is everything beyond the past over the top 10 it’s going from 22% dominance and it’s already hit 15% so it’s just dropping exponentially while Bitcoin is increasing exponentially.

Thank you guys for your time, until next time!