Why 6% Drops Are Normal in Crypto
60sRelatable frustration about market overreactions that resonates with crypto investors.
▶ Play Clip"Title promises a decisive answer but delivers a rambling, repetitive monologue with no clear conclusion."
The video discusses the recent Bitcoin price drop, attributing it to market manipulation and liquidation cascades. The host advises viewers to build a plan, buy in parts during corrections, and avoid making decisions based on news. He emphasizes the importance of long-term accumulation and warns against speculation.
The host returns after a two-week break, marking August 16th as a pivotal date for Bitcoin. He notes the departure of a 'leader' and the arrival of a 'Great Manipulator' causing market volatility.
The host states that 90% of speculators will lose everything within five years. He advises those who haven't bought Bitcoin to wait for a correction and buy, accepting drawdowns as normal.
He dismisses short-term fluctuations as normal, emphasizing that strong hands will take over from weak hands. He mentions news about Elon Musk selling and BlackRock buying, but says he ignores such news.
The host shows that on a global scale, nothing has changed. He points out that the current price is testing a support level, and a buyer's reaction is expected. He advises buying on dips rather than chasing growth.
He explains that the recent drop was a liquidation cascade of about $1 billion, with $900 million in long liquidations and $200 million in short liquidations. He reiterates that frequent leverage use leads to forced liquidations.
The host warns that bottoms are never obvious and advises against trying to guess the exact bottom. He recommends buying in parts and being prepared for any correction.
He shares his own experience of a 560% drawdown, which later recovered and yielded a $100k profit. He emphasizes that volatility is part of the market and should be expected.
He criticizes the tendency to panic over a 6% drop while ignoring a 100-200% gain. He explains that there are always buyers and sellers, and selling is necessary for buying to occur.
He mentions investing $3,300 in Binance and notes NVIDIA's $25 billion buyback, which caused short sellers to be squeezed. He suggests similar news could affect Bitcoin.
He highlights that four whales accumulated 56,000 ETH (worth $100 million) in seven days, and two addresses bought 2,000 BTC in a day. This indicates large players are accumulating.
He warns about fake news, citing a false report about Warren Buffett predicting a pandemic. He advises making decisions based on analysis, not news.
He explains that buying at lower levels offers better risk-reward. He notes that even if you don't catch the exact bottom, buying in parts is a sound strategy.
He mocks extreme predictions like Bitcoin at $1 million and XRP at $8,000, calling them unrealistic. He advises focusing on your own plan.
He suggests that if history repeats, Bitcoin could reach a new all-time high in October 2024, giving ample time for accumulation.
He emphasizes that the entry point matters less than how long you hold. Time in the market gives value.
He dismisses concerns about Vitalik and Musk selling, stating they have the right to do so. He notes that selling doesn't necessarily mean they don't believe in the asset.
He highlights that this cycle has seen unprecedented outflows of Bitcoin from exchanges to cold wallets, indicating long-term holding.
He mentions Mastercard partnering with Fireblocks and other firms for central bank digital currencies, calling it speculative news that doesn't affect short-term price.
He explains that markets live on expectations, and news is often already priced in. He advises not to trade based on news.
He says forecasts are just opinions and the key is who makes money. He shows accumulation charts for Bitcoin and Ethereum, suggesting a long accumulation phase.
He shares that he wants to buy more Bitcoin if it drops to $15-20k, but currently it's expensive. He is holding his position and waiting.
He mentions that in about 10 days, the SEC will decide on BlackRock's Bitcoin ETF. If approved, it could cause a rally.
He notes that BlackRock announced buying 2,000 BTC, but there's no confirmation, so it's likely fake news. He advises ignoring such news.
He points out that even in traditional markets, corrections of 30-40% are normal. He advises not to panic sell.
He observes that in countries with high inflation, people speculate and lose. He prefers to hold assets rather than cash.
He announces he will take a break but will return. He encourages viewers to support the channel and stay calm.
He considers creating a community on the Friend social network if there's demand. He asks for comments.
He states he hasn't sold any coins and has even bought more. He opened a few speculative positions with a small part of his portfolio.
He repeats the importance of following a plan and not being swayed by news. He wishes everyone profit and good luck.
The host emphasizes the importance of having a plan, buying in parts during corrections, and ignoring short-term news. He believes in long-term accumulation and expects a potential rally if the SEC approves the Bitcoin ETF.
What percentage of speculators does the host claim will lose everything within five years?
90%
00:58
What was the total liquidation amount during the recent cascade?
About $1 billion, with $900 million in long liquidations and $200 million in short liquidations.
04:32
What is a liquidation of a long position?
When a leveraged position is closed by the exchange due to insufficient margin, resulting in a forced sale.
05:48
What is a liquidation of a short position?
When a short position is closed by the exchange, which involves buying back the asset, acting as a counter order.
06:30
What personal drawdown did the host experience?
560% of his deposit, which later recovered and gave a profit of $100,000.
08:52
What is the relationship between volatility and liquidity?
Low liquidity leads to high volatility, while high liquidity leads to low volatility.
09:19
How many ETH did four whales accumulate in seven days?
56,000 ETH, worth about $100 million.
14:21
What is the host's advice on making decisions based on news?
He advises against it, saying that news is often already priced in and that decisions should be based on analysis.
24:05
What does the host say about the entry point in investing?
The entry point matters less than how long you hold; time in the market gives value.
20:23
What is the host's view on the SEC decision on BlackRock's Bitcoin ETF?
He thinks it could cause a rally if approved, but he is not sure.
27:09
90% of Speculators Lose
A stark warning about the risks of speculation, emphasizing that most traders fail.
00:58Liquidation Cascade of $1B
Concrete example of market mechanics and how leverage leads to forced liquidations.
04:32Personal Drawdown Experience
Shows that even large drawdowns can recover, providing a psychological anchor for investors.
08:52Whale Accumulation
Evidence that large players are buying, which can signal future price movements.
14:21Time in Market vs Timing
A key principle that long-term holding often outperforms trying to time the market.
20:23[00:03] comfortable, have some tea, have some coffee, good mood, and let's fly. Let's get down to business. I've missed you all so much, I'd love to hug you all, but there are so many of you, so friends, let's get comfortable again, pour our favorite
[00:17] tea, and let's go discuss what happened on the market. While I was gone for two whole weeks, I marked the point on the Bitcoin chart: August 16th, that was my
[00:29] birthday, that was when the history of Bitcoin changed. Why? Because the leader of all the hamsters left, and the Great Manipulator came and thinks, "Oh Manipulator came and thinks, "Oh my God, the king is gone, which means we can shave
[00:43] the hamsters because no one will support them now." I left, now." I left, spilled the Bitcoin. Oh, you Skytron, the great manipulator. Oh, you weak hands, you shaved everything off the market. And I told you a month ago what
[00:58] needs to be done. Sasha will insert an insert, who are you? You are in this market. If you are a speculator, then I immediately tell you 90 percent. In five years you will lose everything you earn here even if you get into the right market phase, it's all
[01:13] just a coincidence. Believe me, if you have n't bought Bitcoin yet, of course, there are such n't bought Bitcoin yet, of course, there are such people, friends. I advise you to wait for a correction, if it happens, then say thank you to Bitcoin for letting you enter the
[01:27] market. Buy it and then you will wait and, of course, with your purchase, the price may fall. The main thing is to wait out this period. It's normal to get a drawdown, especially on cryptocurrencies, it grows by how much here, 60
[01:43] percent. You don't shout, it's falling, damn. The peak has been from a local peak of 9 percent, they're screaming, it's standing, screaming, falling, from a local peak of 9 percent, they're screaming, it's standing, screaming, falling, screaming, growing, everything is normal. Kirill, everything is fine. We knew it, we expected a move, after all, we have to be strong. Damn, well,
[01:59] here, if it falls, why are you screaming? And if it goes lower, what are you screaming about? Build a plan, show what you will do if there is a fall, because free on the market is like going out into the street for bread. So, you went out and the store is closed,
[02:16] show die, or what, let's go to another store, plan to build and everything will be okay. This is my personal advice to you, build a plan. Make a plan. Oh my god, what's so difficult about this? Sasha, thank you, but we're moving on. Friends,
[02:32] we're not interested in all this. We're hobblers. 5,000 up, 5,000 down. It's all normal within the framework of throwing out weak hands. Strong hands will take their place. Hollers will come. They're speculators, but the speculators who gained the top positions shaved them
[02:47] all off. Friends, there was a ton of news. Elon Musk sold his bitcoins. Thank you, they gave their bitcoins. Black Rock bought bitcoins. There was a ton of different news. I did n't read all this. I was just relaxing and solving my own problems. And the problem that has
[03:03] accumulated so much because I've been sitting with you on the channel for a whole year. Let's step back a bit and look at the chart globally. Globally, nothing's changing for us. Let's see what's changed for us here. Well, nothing. We were
[03:17] here. Everything was very simple. Don't you think, please. We were here, tested the bike, went up, came here. Now we see the buyer's reaction. We'll hold this mark. We'll go further. We won't hold it all. We'll just end up somewhere. Here we
[03:33] just end up somewhere. Here we buy all the spills, you've already seen how it all ends, then you'll say, "Damn, I'll wait lower, if you don't buy, you'll go lower." Then it'll go even higher. This always happens. Few people bought here. This is
[03:48] always an unobvious zone. It's better to start buying from a fall and not then run on growth and not know what to do because if you buy on a rise, you'll get a drawdown. you buy on a rise, you'll get a drawdown. Drawdowns within accumulation are
[04:01] normal. A major player who buys always gets a drawdown because he collects the average price. If he bought in this range, then buying anywhere, friends, he also has a drawdown on the deposit, only then he doesn't have it
[04:17] drawdown on the deposit, only then he doesn't have it now. He's essentially defending his position. Let's move on. What happened? Why was there this fall? A very long accumulation here. Lange was gathering here. No one believed in the fall anymore.
[04:32] They said that the probability of growth and attack was the same. So, friends, let's see. What do you think this is? A liquidation cascade of about one billion dollars, as always, they stuck to it, they collected, not Sheps under buy ah,
[04:48] metrons, don't climb. Well, let's see how much. They liquidated them. Here it is, the see how much. They liquidated them. Here it is, the 17th, I rested, the 16th, I wake up in the morning, they shout, Kiryukha, what should I do, run. Let's see, 900 million dollars
[05:05] Let's see, 900 million dollars liquidation in a position and at the same time 200 million dollars liquidation of short positions, why are you bothering me? How much have I been shouting on YouTube for two years now that the more often you gain, he's wow and 6
[05:20] positions, the more you provoke you to be liquidated because, because everything is very simple, it's the mechanics of the market. What is it again, let's repeat to our own, what is liquidation of short positions? This is a forced sale. I don't
[05:36] want this. And they force me to sell, that is, once and my deal closes. On a personal exchange, something's wrong with this chromakey. Oh, you ska, metro chromakey. I
[05:48] fixed it. Let's go back and discuss what liquidation of a long position is. This is essentially the squeeze that took out a billion dollars, friends. Liquidation of long positions means when you open your
[06:04] position, let's say, here, with such a big one. Leverage and work without a stop. Stop. This is also liquidation. You simply set how much and where the closing will be. If you work with liquidation, then the opening of such a position occurs.
[06:18] If you have a liquidation point here, the Binance exchange closes your leveraged position on the market. And what is this, a sale, and a sale? What is this? This is a counter order on the
[06:30] way to forming a large position. The Great Manipulator, you sold everything forcibly, he bought it all up, withdrew it from the exchange, sits, and Kirill is resting, and the
[06:43] the exchange, sits, and Kirill is resting, and the hamsters are shouting somehow. This is all happening in the opposite direction. This is a short position. When a short position is liquidated, it is essentially a purchase because to close a sale, a
[06:56] counter order is needed, which is a purchase, and so during the liquidation of short positions, the player unloads sales because a short operation is a purchase. And I dump my sale into it. Everything is very simple, repeated. Let's move on. What
[07:12] else interesting happened here? So, let's take a look. The bottom always looks ugly. Remember how many people were shouting about 10 thousand dollars. Friends, of course, few people Of you, have been here? Let me show you where, right here. Yes,
[07:28] been here? Let me show you where, right here. Yes, few have been here, right here, and few have even been friends. Here, it always looks scary and ugly. Look. There's a looks scary and ugly. Look. There's a slope like this, and they're luring you right in,
[07:42] and it's dawn. Well, it's not obvious here, buying is not obvious. It's not obvious. And here, too, it's not obvious, and it's not obvious anywhere. That's why, watching this
[07:55] video, you should understand. I've been talking about this for a year or two, and maybe even 3 already. Friends, please don't try to guess where the bottom is. Well, no one knows. I'll say it again. Be prepared for any correction, just
[08:10] buy in parts. Well, we bought here, we bought here, we bought here. No one knows one knows where the price will stop. Maybe that's all. This is the last correction, and then a sideways movement, and then I was glad. Nobody knows, but if you do
[08:26] n't buy, you'll regret it. It's better to buy and regret it, and then buy more, than not buy, regret it, and then buy more, than not buy, regret it. Be out of the market, be out of a position, then fly up, and then yell, Kiryukha, what should you do? Please choose your
[08:39] Kiryukha, what should you do? Please choose your own path, we've already chosen everything. We've been in the market for a long time, we're getting drawdowns, this is normal. Believe me, I I experienced a drawdown of 560 percent of my deposit,
[08:52] then after 2-3 months I watched as my deposit recouped everything and still gave a profit of 100 thousand dollars. Therefore, the volatility of your portfolio, your PNL, is
[09:04] the same as the overall volatility of the crypto market, it is high, so don't be surprised. If you want volatility down by 10 percent, then the up will be 10 percent. But if you want volatility of 200-300 percent, then the
[09:19] fall will be 60-70 percent. Everything is very simple, everything is in balance, everything is logical: volatility and liquidity: the market is low in liquidity, volatility is high, the market is highly liquid, volatility is low. That's how we move on, friends, what else do
[09:36] we have here? Choose for yourself. S&P means it fell while I was gone, only I'll leave. Look, I'm just going, the fall is starting. Why are you, a great starting. Why are you, a great manipulator, climbing into the hamster's place? Don't touch
[09:51] them, I'm defending the lupan. Damn, I'll build a big position. Great, the monitors are watching me too. You're watching anyway. Are you following these hamsters? I'll find you. We'll find you. We'll just carry everything out feet first with our positions. 6 percent of losses
[10:07] are screaming that this is the end. That is, no one is bothered in principle by a 20 percent increase, but a 6 percent decline is confusing. Friends, I do n't understand. Do you really want it to grow like this? That's how it was. Yes, just
[10:22] grow like this? That's how it was. Yes, just tell me, I don't. I still don't tell me, I don't. I still don't understand why when the price grows by 100 understand why when the price grows by 100 to 200 percent, it's okay. But when it
[10:34] turns out that 6 percent, 20 percent, it's terrible. It hurts. Well, what did you expect? There are two players in the market. The one who buys and the one who sells. One bought. The
[10:46] buys and the one who sells. One bought. The other sold. If there is no seller, how will you buy? If everyone has already bought, and someone wants to buy, he has no opportunity to buy. That is, there are only buyers, and there is no seller. In order for
[11:01] him to buy, counter orders are needed for selling, because selling is normal. Some players leave earlier, others later. Nobody forces you to leave the market. You make such a trading decision yourself. Nobody can
[11:17] press the button for you. You either bought or sold. Choose a side. You are now on the buyer's side. Or on the seller's side. Let's take another look at the Bitcoin chart where it is now logically in the long term. It would be better to be on the
[11:32] seller's side or on the buyer's side. Tell me, is this the zone? This is the buyer's side. Tell me, is this the zone? This is the zone where you need to be a seller. Yes, you're eating everything here that you can sell. Here, why are you trying to sell here?
[11:47] why are you trying to sell here? I understand that I want to buy one Bitcoin, sell it and buy two more here, but it didn't work out. And if it doesn't work out, what will you do? What will you do without Bitcoin and what will you do with cash? Sit for two, three,
[12:02] five years, let's say, sit. Let it depreciate, inflation, spend it, and then whine that nothing worked out. I'm saying again, 90 percent of people come to the market
[12:14] to speculate, that's why they lose. An investor comes with money to increase it or save it. Here, Sasha, I don't understand. People come to the
[12:26] market wanting to become investors, but they don't have money. This is how investors see it as a tool. I'm not an investor. I'm a speculator, I speculate, then don't shout. Don't shout like that. Let's talk about the S&P. Let's continue with the Binance exchange. So, in literally a month, I've
[12:43] Binance exchange. So, in literally a month, I've poured in a total of about 3,300 I'll hold for now, I'll then go on the bull market, I want to see what happens with this project. On the bull market, they're free anyway, so I have nothing to worry about. So,
[12:57] NVIDIA announced buybacks of 25 billion dollars, and of course, it was already falling, everyone is saying the end, and then friends, news comes out that NVIDIA will do buybacks of 25 billion dollars,
[13:12] and the poor shorts took them all out. That's how the market works and works with big players, even with big ones. Friends, as it was, technically, we didn't see a trend reversal here, but news comes out that somehow changes everything. So, the same thing
[13:28] can happen with Bitcoin, everything seems terribly bad, then the news comes out and they're justified, and those, Phew, they flew into space. Friends, so please don't guess. Friends, so please don't guess. Listen to the old man,
[13:43] Listen to the old man, no need, or ask people in the comments. Those who lived through 2-3 cycles will tell you. Those who guessed halved all their coins, both Ethereum and Bitcoin. I'm telling you, there were people who
[13:57] had 100, 200, 300 Bitcoins. Now they have 20-30 bitcoins, they are barely getting them. It’s not that you want cash, it’s cool, we came to fight for
[14:09] assets, it’s a game, first I take the asset and then wait for it to rise in price. But the main thing is that it’s the underlying asset, not cash, and so it is while you sit and think what to
[14:21] do, big guys are even getting ether. Let’s see, 4 whales got a ether. Let’s see, 4 whales got a total of 56 ether in literally 7 days, 100 million dollars, these 4 addresses, something like this, while you’re thinking,
[14:35] other people are thinking, here’s a cycle in Bitcoin, they see then some figure of 500 thousand dollars, but we’ll put a photo in history. Let it be, this is not a forecast, it’s just let it be, of course, I do n’t believe it yet, while we’re
[14:51] sitting and thinking, at this time, two more large addresses have gotten 2,000 bitcoins, you’ll say that 2,000 bitcoins is not enough, but some of you have them. Let’s say I do some of you have them. Let’s say I do n’t have 60 million dollars in a day in a
[15:06] day. Imagine if I wasn’t It's been two weeks, if 2k Bitcoin weeks, if 2k Bitcoin is being eaten away from the market per day, then in 15 days. That's is being eaten away from the market per day, then in 15 days. That's about 30-35 thousand Bitcoin, not enough. Oh my god, that
[15:19] 's a third of what Sailor bought in two years, not a small amount. So, think for yourself. Keep thinking. These tusonals are slowly closing their shorts. They know something.
[15:31] Last year, oh, we had the same situation in the last cycle. They closed their shorts during the accumulation period from September to December, and then, like, daddy Leila, somehow increased them. Well, we reached the market peak. We're moving
[15:47] on, so that means there was a lot of fake news here. Fortunately, Twitter has a cool tab where people tell each other where they're right, where it's fake, and where it's not. Here's the vl account, where legendary investor Warren Buffett
[16:02] predicts a new pandemic worse than COVID, and then other users tell us that this is news from 2021. You see, you read, you listen,
[16:15] you make a decision, you sell, and then this. It turns out it's fake, because some accounts are really cool with news. They're stirring up the crowd. The decision You need to take it based on the news, believe me, just take my word for it or
[16:30] see for yourself. Come to the market and determine where it’s expensive for you, where it’s cheap for you. Where your risk is lower, where the risk is higher. Well, it’s clear that here higher. Well, it’s clear that here you buy, the risk of falling here is greater
[16:45] you buy, the risk of falling here is greater than the chance that it will grow, here, even if it grows, your risk of profit is negative. If you buy here, then you will fall you buy here, then you will fall here, even here it is less than the
[16:59] potential profit. Therefore, this is a profitable purchase. Learn to count the proportions. Where it is profitable where it is not, but the point of maximum profit. You may not achieve it because I may not give it or they may give it, but no one knows this, but if I
[17:14] knew or someone knew where this point is, those people who tell you, Oh, in short, we people who tell you, Oh, in short, we bought at 15,400 here at the bottom. Tell me, he knew where this bottom would be. No, he just bought it and he was lucky. There were other people
[17:30] who bought here, they were unlucky. There were 3 who bought here, they were unlucky. What does it mean, unlucky. Those who do nothing are unlucky if I bought
[17:42] here and I’m sitting here, have I lost? I’ll lose if I give up. I’ll leave this path and sell until I I sold, I didn't lose, let's see who loses, because they've been carrying everyone here for a year and a half already, they've sold, bought, bought out and
[17:59] liquidated, and I'm sitting here somehow like this, because Choose your path, you know my position, everyone's moving on, what else does it mean, major analysts
[18:11] on Wall Street are predicting the price of cryptocurrencies in 2025, look at these cryptocurrencies in 2025, look at these numbers, a million for Bitcoin, Ethereum, 43k, Ripple, 8000 dollars, what's wrong with everyone there, or what, what 8000 dollars
[18:26] everyone there, or what, what 8000 dollars for XP, how is everyone, I'm leaving, these xrp for XP, how is everyone, I'm leaving, these xrp fanatics, 3 dollars, 5, 10, what 8000, sick, Sasha, save me, so what? Get a
[18:41] haircut. I'm healthy as hell. Although it's already winter, I need to grow fur, and even the hamsters, now the guy is at the market to keep warm in the winter, and stock up on a meter and coffee, because I don't intend to leave, the fact that I'm
[18:56] resting is one thing. Rest. You need to rest, and it's better to rest on a bear than on a bull. We'll be working hard, we'll try to do something to maximize our something to maximize our profits. Take a break now, get distracted. There's no
[19:10] need to run anywhere now. Historically, bitcoins in bearish bullish cycles took the same amount of time. If history repeats itself, we'll print. Well, we'll set a new historical maximum in October 2024 and reach the maximum. In a little over a
[19:25] year, this tells us that there's enough time for accumulation. What do you say? Does our account ask, or did you live somehow like that? Because these are
[19:38] pretty sound thoughts. I like these thoughts. They're sound, they're not clear, like these thoughts. They're sound, they're not clear, they're blurry, but there's a plan.
[19:52] But accumulation. All the numbers below Altel High are accumulating, and everyone decides for themselves where they want to buy and where they're afraid to buy. And believe me, everyone will have their own result, and it doesn't matter. If you think you bought below everyone else, then you'll
[20:07] hardly last until the peak. I'll tell you honestly that, as practice shows, there are people who have been holding for 10 years. You know where they bought. No, well, they won't tell you, but they're holding, so the entry point doesn't matter. What matters is how long you're willing
[20:23] to endure. Here. Time is what gives you value. Some people see it like this: there were triangles and it will soon go up. Okay, also Okay, also further. Vitalik Buterin started sending a
[20:37] million million dollars in Ethereum or a million Ethereums, most likely a million dollars in Ethereum. Friends, please. Stop it. You will be opinion leaders. Well, Stop it. You will be opinion leaders. Well, where did they sell it? Vitalik
[20:51] I am Vitalik Butanin. There is some Elon Musk. These are their coins, but they wanted to. Let them sell it. Well, why can't a person who can buy so many bitcoins
[21:03] sell them because you want them to? Well, what about his? What should we do with yours? I want it, I wanted it, I sold it. want them to? Well, what about his? What should we do with yours? I want it, I wanted it, I sold it. Enough pain. They write, damn, there are people who wrote to Elon Musk after this fall, although there is no
[21:17] confirmation that they sold it. They wrote off the price. They wrote it off to avoid paying taxes. But people think they sold it. There is no confirmation that they didn't sell their bitcoins, and Musk would have said so. Moreover, what if Musk
[21:33] is selling Tesla shares? He is selling because he needs money. What is this? If you think that selling is always something that he is burying, people
[21:45] who are selling their bitcoins don't need money. What does it mean they don't believe it? No. And now they need money from the miners who sell bitcoins every day. It turns out they don't believe in it, they just believe in a portion of the bitcoins. They sell to secure their equipment. We need to
[22:01] unite the castes. Oh my god, there will be enough people. Let everyone do what they want. We're talking about something else. What's more profitable is selling now or buying? Think about it,
[22:13] selling now or buying? Think about it, make your own decision. Who knows my phone number? Kiryukha Kiryukha Where did the market go? What do I
[22:26] mean, what do I do? Has the plan changed? Or have we not discussed it for two months? For three months, we haven't discussed it. What could be a fall and what needs to be done about it? We haven't discussed it. We even discussed the
[22:42] possibility of a fall of 18,000. Well, there is a plan, why are you shouting, damn,
[22:55] chart. I really like it. Why? Because this is probably the only cycle where we have a crazy outflow of bitcoins from exchanges. Few people trust exchanges and the outflows
[23:08] go to cold wallets. Friends, more and more. This is the first cycle in history where we already have it here. There was a turning point where the supply on the exchange was already less than the outflow, the
[23:23] outflow was greater. That's how it is, friends, a million bitcoins, so to speak, a master million bitcoins, so to speak, a master card, which means it's forming a partnership for the CBC for the digital currency of central banks, most likely, they will
[23:37] banks, most likely, they will issue different ones, and here is their partnership, issue different ones, and here is their partnership, we have a consensus and other fireblocks, consuls, freelancers, and so on, friends, it's interesting, interesting. But this is all such
[23:51] speculative news, nothing more, it does n't mean anything in the short term, that's how it affects the price. This kind of news doesn't affect anything except expectations. News comes out that someone integrated something, news comes out that
[24:05] someone collaborated with someone, people expecting that this will lead to growth in the future, they buy it and it leads to growth because they all expect it and buy on expectations. So, I'll surprise you that the stock market and any market has a
[24:22] price, there is a buyer and a seller. It lives on expectations, and people put these expectations into account, seeing this news, they buy in advance, seeing the rate or understanding
[24:34] where it will go, the Fed rate, they They predict either a fall or a rise, They predict either a fall or a rise, because in 99 percent of cases everything is already factored into the chart. The news comes out later because. And not because. Because if
[24:51] the news comes out, it's most likely already played out. If Musk says he sold. Most likely, he sold somewhere in the past, not now. Well, they're not fools. They
[25:03] talk about what they're selling and selling at the market. The same thing. What do they need to sell when someone buys? Yes, they'll sell during growth, not an attack. An attack can only be sold for the purpose of recoupment.
[25:19] only be sold for the purpose of recoupment. Only you can drive yourself into a loss. These kinds of stories are also pretty sound. Here's the accumulation. It can even fall to 20 thousand dollars, and then once again. There are forecasts, none of them are correct and at the
[25:35] same time incorrect. It's just people's opinions. The most important thing is who will make money. Tell me, won't this guy make money? He will make money. But this guy make money? He will make money. But if he doesn't wait for the very bottom, but starts
[25:50] buying. Here he bought, here he will buy, and here he will buy. But if you stupidly set yourself The point where I will buy, then today you guessed it And tomorrow you won't guess It will be for you I guessed something like this Further what else is interesting And here is also a
[26:08] person's opinion A simple graph of accumulation on Bitcoin and on Ethereum Here is Bitcoin 2019 accumulation and growth for a very long time Accumulation is about about months like this one two three 4 5 Accumulation is about about months like this one two three 4 5 6 7 months And here
[26:24] 6 7 months And here too somewhere like this One two three 4 5 6 7 about a month something like this Friends, at least here is a two-day chart but by months Everything here is most likely a year But also a good formation Let's see how it
[26:39] plays out Nobody knows Will it be up or down I honestly would really like it to go down down I honestly would really like it to go down I still want to get about 15-20 pieces But now it's really expensive for me I bought here 1200 is expensive for me
[26:54] bought here 1200 is expensive for me that if we wait with you for 78k then it's cheap But I already have enough I already have a position So relax buns We literally have left with you friends
[27:09] We literally have left with you friends about it means 10 days approximately until about it means 10 days approximately until either the cutoff or the bottom, I'm about to say, will either the cutoff or the bottom, I'm about to say, will our sec be confirmed and rounded up? Aisha
[27:22] Bitcoin Trust from Black Rock or not. Most likely not, but if so, then everything is just flying into space. We'll see, friends. Black Rock announces the acquisition of 2,000 Rock announces the acquisition of 2,000 bitcoins after a price of 25 thousand dollars.
[27:36] This is again news. People are like that, but we buy, and here's a refutation for you. This is not relevant information. There is no confirmation anywhere. It's just that they made such
[27:49] news. 99 percent of them, so I say again, making decisions based on some news is stupid. Only hamsters do that, they see news, they go buy, they see news, here they sell, it's brutal, brutal. So, look, I've already
[28:04] shown this a hundred times, and Plomb talks about this. On the usual market, corrections are also large, up to 30 to 40 percent, which are within the limits of a person, if you run and sell at every correction,
[28:20] also fall, no matter how much everyone shouts that Altynhai will soon be rewritten. The that Altynhai will soon be rewritten. The best coin in the industry is technology. That's why, friends, looking at Inflation in Turkey in other countries, looking at how
[28:36] people run, speculate, lose, liquidate. I'm sitting in a hotbed and it's so funny to read the comments of people who say, "Sit, sit, sit while I trade, and then..."
[28:48] These people who wrote... So, they're no longer there, but you're trading, the main thing is, hamster, trade. Let them liquidate you. I'll sit in a drawdown, and then we'll talk. Although it's unlikely that you'll be gone from the market in a year or two, but I'll stay. Even though I'm
[29:04] leaving for a week or two to rest because everyone needs a break, I'm not a robot, everyone here understands this, but I always come back to the channel and I don't abandon my guys, I don't get upset. Everything is fine. There is a plan, and it was there a long time ago, even
[29:22] from the bottom, even the spokesmen made these plans. Everything is fine, we loosened up, cooked the buns, and we come. Every day at two o'clock, watch Sitovich, support
[29:35] the channel with your likes. Evans went to write a new video. Well, you Evans went to write a new video. Well, you left your good brotherly left your good brotherly likes. Bye everyone. Well, okay,
[29:51] early, friends, once again, the most important thing is I'm sitting here, maybe we should also create our own community on Friend, a new social network where people communicate in private messages.
[30:03] Maybe many of you want to chat with me. Personally, I could do something like that. I'll think about it. I haven't done it yet, I don't want to, but if you write about it in the comments, Kiryukha is doing it, I'll do it. Write, make me a friend, I'll do it, we'll be there
[30:19] together with you, shareholders, exchange our opinions, and so on. It's a cool thing, so many people have already flown in here. Of course, I'll sit here for now and think, I don't flown in here. Of course, I'll sit here for now and think, I don't want to fly in yet, there's no demand. I don't
[30:33] fly in, I hold all my coins, I haven't sold a single one, I've only gained even more, my gained even more, my son bought a little, and opened a couple of speculative positions, but a very small part of his.
[30:52] Well, you understand. All friends, I hugged everyone, I'm bored, I'm going to rest, I wish you the same. I hope everyone drank the check well today, again, we all repeat this over and over again, it seems like such a constant cycle. Evans, where we
[31:08] repeat our rules with you time and time again because New people are coming, because New people are coming, the market and investments. And even speculation is not fun, it's routine. It's fun to communicate with the audience, so I hope you have
[31:22] fun too, I threw you a little positivity. And tomorrow there will be a new video, so don't be shy, invite friends, subscribe, support our work, because our channel is our creativity. It doesn't always have to be
[31:37] useful, but it's cool. The most important thing is that I like what I do. And you either support or support the choice. Everyone has all the friends. Profit to everyone, good luck to everyone. See you later. Tomorrow, the great manipulator will
[31:53] no longer be able to shave hamsters because he curled up and raised his head, so they put likes, and the shields also went up because I will find you, I will send every hamster's address, and I
[32:07] will eliminate you [music]
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