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2023 Crypto Strategy: Accumulation & Key Levels — Full Breakdown & Transcript

What We're Going to Do in 2023

0h 39m video Published Jan 5, 2023 Transcribed Aug 10, 2026 Descentralizados Crypto Descentralizados Crypto
Intermediate 10 min read For: Cryptocurrency investors and enthusiasts with basic knowledge of blockchain and market cycles, looking for 2023 strategy insights.
AI Trust Score 65/100
⚠️ Average / Some Fluff

"The title promises a personal strategy for 2023, and the video delivers on that with specific accumulation zones and portfolio advice, though it's padded with live stream banter."

AI Summary

In this live stream, the speakers discuss their strategies and predictions for the cryptocurrency market in 2023, focusing on Ethereum's upcoming Shanghai upgrade, the importance of Bitcoin dominance and accumulation phases, and the potential of Layer 2 solutions, airdrops, and emerging sectors like insurance and gaming. They emphasize a cautious, research-driven approach to building a portfolio during the bear market.

[00:08]
Live Stream Introduction

The hosts welcome viewers and set the agenda for the live stream: discussing trends, market positioning, and strategies for 2023.

[01:47]
Ethereum 2.0 and Shanghai Upgrade

The Shanghai upgrade will unlock staked ETH tokens, with an approximate date around May 2023. Currently, 14% of the ETH supply is locked in staking, which is not excessively high, but could lead to selling pressure.

[04:36]
Staking Protocols and Opportunities

Protocols like Lido Finance, RocketPool, and Frax Finance allow staking without running a node, offering yields of 4-5% (up to 8% with Frax). LDO has risen due to the unlock date announcement.

[05:53]
Accumulation Strategy for Ethereum

The goal is to accumulate Ethereum in anticipation of the next bull run, likely after the Bitcoin halving in mid-2024. Ethereum is seen as a consolidated, less risky project compared to altcoins.

[08:45]
Bitcoin Dominance and Altcoin Similarity

Monitoring Bitcoin dominance and the 'similarity' indicator (altcoin market cap vs. BTC) helps identify liquidity flows. A rising dominance suggests capital is moving to Bitcoin, while a falling similarity indicates altcoin weakness.

[09:27]
Layer 2 Solutions

Layer 2 solutions like Arbitrum and Optimism are gaining volume as a way to avoid high Ethereum gas fees. The Arbitrum airdrop is highlighted as a potential opportunity.

[11:18]
Airdrop Participation and Security

Participating in airdrops from top projects can be lucrative (e.g., Solana airdrop worth ~$20,000). However, it's crucial to use a dedicated sub-account for airdrops to avoid security risks, and not to accept random contracts.

[13:15]
Insurance Sector Potential

Insurance projects in crypto could see growth, especially with upcoming regulation. They protect against smart contract failures and other contingencies, and may attract institutional interest.

[14:48]
Gaming and Metaverse Developments

Gaming projects like GNM are progressing, with pre-alpha tests of a 3D metaverse. The focus should be on project activity and development, not short-term price fluctuations.

[17:42]
Bitcoin Cycles and Accumulation Phases

Bitcoin cycles are driven by halvings, which reduce the block reward. The 2024 halving will reduce it from 6.25 to 3.125 BTC. Historically, bear markets are followed by accumulation phases, which are ideal for DCA.

[22:00]
Bitcoin Buying Zones

Key support levels for Bitcoin are $13,800 (2017 closing price) and $7,000 (2019 closing price). The speaker suggests accumulating below $14,000, with Ethereum near $600-$700, and using DCA to avoid catching the falling knife.

[24:08]
2023 Price Predictions

The speaker predicts Bitcoin could see relief rallies of 50-100% in 2023, possibly reaching $20,000, but emphasizes that the accumulation phase is the best time to position for the next bull run.

[25:30]
Portfolio Strategy for 2023

Focus on accumulating top projects like Bitcoin, Ethereum, and Polkadot. Avoid shitcoins until the bull market is confirmed. The goal is to build a strong foundation now.

[27:04]
Regulation and Institutional Access

Regulation and institutional entry are new factors compared to previous cycles. Countries like Indonesia are launching national exchanges, which could influence market dynamics.

[30:53]
Final Strategy Summary

The strategy is to enter the market during the bear, accumulate top projects, and stay informed about new opportunities. Technical analysis is important for entry points, and 2023 is a year to study and prepare.

[33:25]
CBDCs and Bitcoin's Role

CBDCs are seen as a threat to financial freedom, with potential features like expiration dates. Bitcoin is positioned as an escape route from government-controlled currencies.

The speakers advocate for a disciplined, research-driven approach in 2023: accumulate top cryptocurrencies during the bear market, monitor key indicators, and prepare for the next bull run. They emphasize the importance of security, staying informed, and understanding market cycles.

Mentioned in this Video

Study Flashcards (7)

What is the approximate date for the Ethereum Shanghai upgrade?

easy Click to reveal answer

Around May 2023.

03:54

What percentage of the Ethereum supply is currently locked in staking?

easy Click to reveal answer

14%.

03:11

What is the block reward for Bitcoin currently, and what will it be after the 2024 halving?

medium Click to reveal answer

Currently 6.25 BTC, will be reduced to 3.125 BTC.

19:04

What are the two key support levels for Bitcoin mentioned?

medium Click to reveal answer

$13,800 (2017 closing price) and $7,000 (2019 closing price).

22:26

What is the recommended strategy for entering the market during a bear market?

easy Click to reveal answer

Dollar-cost averaging (DCA) into top projects like Bitcoin and Ethereum.

23:37

What is the purpose of using a dedicated sub-account for airdrops?

medium Click to reveal answer

To protect your main funds from potential hacks or malicious contracts.

12:24

What is the 'similarity' indicator?

hard Click to reveal answer

It's a counter-indicator to Bitcoin dominance, showing the altcoin market cap relative to Bitcoin.

21:19

💡 Key Takeaways

📊

Bitcoin Halving Mechanism

Explains the fundamental supply-side mechanism that drives Bitcoin's cyclical bull markets.

19:04
🔧

Key Bitcoin Support Levels

Provides concrete price levels based on historical annual closes, offering actionable entry points for accumulation.

22:26
⚖️

DCA as a Risk Management Tool

Emphasizes the importance of averaging in during bear markets to avoid the risk of buying the bottom.

23:37
💡

CBDCs as a Threat to Financial Freedom

Highlights a critical philosophical and political argument for Bitcoin's value proposition as a decentralized asset.

33:25

[00:08] Several comments already, we're here! Let's see what we have for you today. Hey here! Let's see what we have for you today. Hey David, Fernando, Dani, Jon, Asten David, Fernando, Dani, Jon, Asten Bike! Great! Okay, so it

[00:20] Bike! Great! Okay, so it live. I was checking it out. It's a pleasure to be here. We also wanted to do this live stream be here. We also wanted to do this live stream after New Year's to, well, wish a happy New Year's to

[00:32] spent these days with their family. There are still a few more days here in Spain with Three Kings Day, which is celebrated quite a bit, but well, this is almost over and now we have to face the new year head-on with goals, with strategies for what will happen, what will be done,

[00:47] what the new trends are. So today we'll open this live stream for about half an hour to we think will be trending during 2023, what we think

[00:59] the next points will be, how we want the market to be throughout this year, and how we can position ourselves in the best possible way. So we well, first of all, where you're from, and ask any questions you have in

[01:13] the chat. We'll also be answering them and sharing screens. I also want to show you a few things. So, as I said, family, let's get things. So, as I said, family, let's get started! Let's get going! Or what? If it's not clear, you won't

[01:35] continue. It's around here. A big hello A big hello from about a month ago, well,

[01:47] said. So, we wanted to do a little recap of what's been happening, especially at the beginning of this year. Now we're looking at the first topic, a topic that's being talked about quite a bit, and that's the topic of Tyrium. Why? Because there's a lot of

[02:00] we said about six months ago, I do n't know if it was that long ago, there was the update, the first update to choose a 2.0, and as you know, it comes in several phases. The first was a full merge, and well,

[02:15] now there are going to be several more phases with rather strange names. I encourage you to look them up. In any case, there's a point at which all the tokens of the people who have staked can be unlocked so

[02:30] we can choose a 2.0. All the people who have staked can generate Rewards waiting for that Zirium token still can't be unlocked. So what happens? There are two approximate dates for when

[02:43] the Shanghai update will be, which will grant free access to unlock the tokens that some people have had worried, thinking, "Wow, now that these tokens are going to be unlocked, is there going to be

[02:58] a Zirium crash?" We don't really know. The important thing is to have some data on what has happened so you have an idea. Currently, you have an idea. Currently, 14% of the Zirium supply is locked,

[03:11] which isn't excessively much. There are other projects that have much more locked in staking. Tell us about the one with the most locked tokens, but in any case, it's 14% of the supply that is locked in 2.0. And when they

[03:25] unlocked, some people who have made enough recover their tokens might sell. I do n't think it's the right time. If the were at a higher point, I would be more afraid. With

[03:41] but at this moment, the market we're in, the people who have locked their tokens, if they're a little smart, I think... I don't know, it won't be the time to sell everything. We'll see. Likewise, when I know the exact date, which will be around May,

[03:54] they said this year, we'll see exactly how the market is. And if it makes sense, right? That people unlocking the tokens, okay, but it's an important fact to know that only 14% of the

[04:07] Cirio supply tokens are staked. It has a 2.0. Yes, it could be that when people unlock their tokens, if they understand that the market is going to continue falling, they might see it. I don't know to what extent it can affect the market. But well, it's not a

[04:21] very high percentage, but well, surely there could be Food campaigns. We'll see how the market develops. We also depend a little on what Bitcoin does this week. Totally. Also, there are many

[04:36] Cirio Stick or taking advantage of the fact that there are some protocols that allow you to some protocols that allow you to stake a 2.0 token without having to create a node. They don't validate with 32, but rather through staking,

[04:49] like Lido Finance. In fact, if you look at the Lido chart, Ldo has risen quite a bit in recent days, obviously due to the many people are taking advantage of the fact that the date for

[05:03] unlocking tokens has been announced, and that it's no longer in one or two years as it was before. They're also taking advantage of the coming months to generate more Tyrion within Lido protocols like RocketPool and Fracks

[05:18] Finance. So, take advantage of it because they have interesting opportunities. They don't have incredibly high APIs, but they do have, well, 4 or 5%. In the case of Fracks Finance, it even reaches 8%. But keep in mind that Fracks Finance has more

[05:31] products to generate returns besides Tyrion staking. So, in any case, take a look because there are some very interesting protocols.

[05:53] collateral obtained is much higher. One of the objectives, which we'll discuss now, is... Accumulate the maximum amount of Orium in anticipation of the next bull run, which we're now a little closer to on a

[06:07] technical level, and which will probably be after the Bitcoin Garden in mid-2024. So, personally, I've always tried to accumulate a lot of Ethereum because it gives quite good returns and it's a

[06:21] consolidated project, not a chip coin. Compared to Bitcoin, for those who are more risk-tolerant, it has much higher volatility, both positive and negative, not when it falls, but yes, it is one of the best for 2023, without a doubt.

[06:35] update and everything, without a doubt, in the next cycle there will be good opportunities. Think about it, they're coming with the the update was going to be next month for almost 3 or 4 years, and it has

[06:50] performed very well in the bull runs. Now, if the update works perfectly, what can happen in the next cycle? I can happen in the next cycle? I mean, the reality is that in projects,

[07:02] it's true that when there's a vulnerability and they wipe out all the coins, it's harder for people to keep their capital in projects like Bitcoin. And that's a reality. At Bull Rams, we haven't always seen this. When we saw it in 2017, nobody

[07:15] had Bitcoin in their portfolio, or none of the new people who came in had it. suddenly there's a Bitcoin market, and everyone shifts all their assets or their

[07:27] because they understand that they are the most established currencies. And that happens every cycle. kind of market-driven moment. Many people, when they start buying assets, the first thing they buy are more established assets

[07:41] like Bitcoin and other projects. Also, with everything that's happening with Solana, with everything that's happened with FTX and Alameda, blockchains like Ethereum, which have been developing for years and are one of the

[07:54] blockchains with the most asset developers, along with, I think, obviously. It gives them much more security. In any case, we know what's happening. We see it at a technical level: how people

[08:06] trusted Bitcoin, but then the extreme fear comes, and everyone starts selling in a panic. They don't want to buy. When you're about to buy, what do you buy? You do n't go for Bitcoin, no, you don't buy... Something that came out in, but it's going to

[08:19] come out with you, and this is reflected a lot in the dominance indicator, which is very likely to rise during this year, and Father Filomo again with it falling, no. We'll see that now at a technical level in a

[08:32] how can we take advantage of it too? Undoubtedly, act. Okay, I take this opportunity to greet the new people who have been joining. Very good to everyone. I've seen quite a few people welding around. Let's get to it.

[08:45] talk about the similarity to Bitcoin, which I just wanted to share, that it's important to have it almost always open in TradingView. It's an indicator that will tell us where the liquidity is flowing. And I'll give you an example right now.

[08:59] Look, these days, well, these two or three days at the beginning of the year, there's been a small boom in salt coins, not of 5, but 10%. And that's it. If you had been monitoring the charts of the price against Bitcoin, you would have seen

[09:13] quite high, right? So you always have to keep an eye on the different indicators. In the end, we're analysts and we make decisions. Not important right now, we'll see about that later. I'll tell you that after we do

[09:27] a quick overview, we'll talk a bit about how we're going to position ourselves for 10 minutes. Also important, this year, when capital starts coming in and there's volume

[09:43] on all the networks, the Layer 2 solutions are important. We've already been seeing in recent months how Layer 2 solutions within the network, Layer 2 solutions within the network, like Arbitrage Optimism,

[09:55] are skyrocketing in terms of volume. So keep in mind that they are probably a way for people to avoid paying high commissions. Right now, true that the commissions aren't

[10:09] excessively high. But I remember three years ago when we had commissions three years ago when we had commissions of $100, $50 within our Tyrium network, which really complicated

[10:21] any trade. That's when many people will move to solutions like Arbitrage and Optimism. And taking advantage of this, we actually have a video on YouTube that talks about... The arbitrage airdrop will surely

[10:34] bring us great joy when it comes out. I encourage you to participate; the tasks are relatively simple and don't cost more than what you pay for Fish, which is relatively low. It really has quite a lot of potential

[10:49] this network, both arbitrage and altimes. Arbitrage is relatively much more complicated. Lucas, yes, we're almost at 240k, don't worry, we'll get there someday, we hope, and if not, we'll celebrate anyway.

[11:04] Don't worry, this sector isn't just speculative. In any case, if you're around, we've gone to the point of making moves, and you have to speculate. The topic of

[11:18] airdrops is quite important, especially for Vilmarkets projects that look good. Some will arrive, and others won't. But the topic of airdrops is very

[11:30] in just any airdrop that's on social media. don't get involved in every airdrop you see on social media because you could get hacked for accepting a contract. The goal is more than that, and you might find you don't

[11:45] have the balance. But anyway, leaving it at that Aside from that, I think Bill Markets are very important because ultimately they distribute cryptocurrencies to keep the network moving. I remember the Solana airdrop—I think they gave us

[11:59] 90 Solana in 2019, if I recall correctly— and it turned into almost $20,000, going from 0 to 20,000. So it's important to participate in airdrops from top projects, with

[12:11] the security that entails. In MetaMask, don't accept just any kind of contract because you'll run into problems later. We also did a training course with Visione, which was excellent, precisely about all of this, and one of the

[12:24] main things they said was that for airdrops, create a sub-account solely for airdrops. You can sign up there, but keep practically no you need for the exchanges, transactions, and bridges, but not much

[12:38] more. That way, if someone has bad the money from that specific wallet. Okay? So, there's a thread on

[12:50] Twitter about MetaMask security that I recommend you check out because it are basic to avoid problems later, without a doubt. Yes, Netoniano, you

[13:02] can still participate in the arbitration one, they haven't closed it yet. Likewise, don't try to wait too long. Don't delay it too much because the moment n't warn you, obviously. Okay, then take a look at it. And look at it because you can

[13:15] still take advantage of the opportunity. Having said that, another topic that I think is going to have a lot of growth, and we said it the other day, I think on Intereconomía, was the topic of insurance. When

[13:28] insurance. When insurance projects started coming in, it literally flew, I think it came out at about 5 cents and reached about 500 or 1000 dollars, a crazy amount. No, it's known as such, this loans, but there are some

[13:45] more specific ones that what they do is security, that is, protect, it's bad contingencies in the sense of, well, it creates insurance, not insurance, so that if Smart Contract, you have protected it with insurance that you

[13:58] part of the capital, a percentage depending on the conditions of each one. Of those projects, I still knew of one that was a real gem, which didn't look bad. It's true that it came out right in and then fell due to the

[14:11] continue. But in any case, there are some that will surely be interesting and that will especially when crypto regulation comes into effect, which will

[14:23] 2023. I have no doubt that when regulation starts, within this sector, which is already beginning to implement it, the first thing that will come in will be insurance companies, taking advantage of it and profiting from it. And with that,

[14:36] all the insurance projects that are truly interesting could have great potential and great growth.

[14:48] GM how you see gaming, without a doubt. In fact, just the other day we had a meeting with the CEOs and the whole team, and well, I think it's official, but they are starting to come out. The other day, in fact, the first

[15:02] pre-Alpha was done where they did a test with some of the Oasis Well, in fact You could request it publicly, I think on Twitter, and they would give you access. You could access the first phase of a 3D metaverse where they were

[15:18] interacting, and there were several interesting things within Genesis. So that was the first step to test how the network worked in that sense, and it was a complete success. There are

[15:32] images of it on Twitter if you look for it. Looking ahead to this first quarter, they've already digital identity products. So we're paying close attention because this is when a whole gaming system starts to grow significantly, with users, with

[15:47] registered people, with all the growth that entails. So we'll be very first and second quarter of this year will have many new developments in gaming. It's important, especially with projects of

[16:03] this type that have just been released, that we don't worry about the price. Because come about why the price isn't falling, but in the end, when we have a bit at -80%, it's normal that the alternative market is at -90% or -95%.

[16:19] But here, the important thing is... The work you have to do in 2023 in this Bill Market is to study if that project is active, if it's

[16:31] still developing, for any type of project, not just GNM, for any type of project. That's where the success will be, in detecting those shadows, and when some rare opportunity comes along, exploit it.

[16:48] [Music] I was talking about the three types of wallets when we talk about security: the De-wallet, which is where we interact with a thousand smart contracts of dubious reliability,

[17:01] so to speak. Then there's the Hot more reliable contracts like Uniswap and large decks, so to speak,

[17:13] [Music] large tabs that don't have that large tabs that don't have that commitment or that dubious reliability. And then there's the Cold wallet, which is for sending money there and

[17:26] where you practically don't interact with any contracts, but rather send it to a Thesis wallet or a Hot wallet. And from There we can interact. So, good advice, let's see if Sergi is okay, ready. So,

[17:42] too, because I think it's important to understand the Bitcoin cycles. How we can experience this 2023 and how we've experienced it in previous cycles. Okay, let's try to find the bottom of Bitcoin because it's very difficult. What we

[17:56] can know are areas of interest where we can start doing a TCA. I don't know, it's scary when to do a DCA when Bitcoin is down 80%. But historically, we know that these are the best opportunities to start

[18:09] accumulating satoshis. I'd like to share a couple of things. I'm understand why Bitcoin has had bull and bear cycles. It has really been one of the assets that has had the most marked

[18:24] cycles throughout its history. In the end, it's an emerging market, it continues to grow, obviously the cycles aren't going to repeat themselves throughout history. Okay, otherwise it would all be very simple, but Bitcoin has shown us that

[18:37] Bitcoin has shown us that as Bitcoin has had halvings, not like You know, a halving is the reduction by half of the reward that miners receive for processing transactions.

[18:51] You know that in the blockchain there is a mining lobby that is responsible for taking each transaction, verifying it, implementing it in the blockchain, and the network itself rewards them for each block they manage to

[19:04] rewards them for each block they manage to unlock. Currently, the block reward is 6.25 bitcoins. In the 2024 halving, the reward will be reduced to 3.125 bitcoins. Okay, that is, in each halving, the issuance of bitcoin has been

[19:19] reduced by half. It is understood that, due to the law of supply and demand, the price of bitcoin has entered a bullish cycle. Obviously, we won't know if the Bitcoin bull cycle will come after the halving, but we do know

[19:32] that Satoshi Nakamoto designed the blockchain so that halvings occur blockchain so that halvings occur and the price of bitcoin appreciates. To delve a little deeper, we have always had Bull

[19:46] Markets, the green boxes. It's true, and Bill Markets says bear markets are in the red boxes. But between a bear market and a bull market, this is

[19:58] because the Huaicoff theory comes into play here: the market the market accumulates, diverts, and expands. That is, the market is currently in a bear market, and we will probably enter

[20:12] the white boxes that I have marked. The white boxes are the famous accumulation phases that Bitcoin has after a bear market. They are phases in which the market moves sideways to attack the next

[20:25] Bitcoin garden. It's very possible that we will enter a sideways accumulation phase throughout 2023, which does n't mean we can't make a bottom, nor is it possible that we won't have

[20:40] is it possible that we won't have Bitcoin revaluations of 30 or 50% during 2023. As you can see, in previous sideways markets, we have had we have had Bitcoin revaluations of even 100%. No, it's not

[20:52] far-fetched that it could happen. Why do I think we are going to enter an earlier with Eric, we said that When someone wants to buy Bitcoin, the most common thing is to buy Bitcoin. When someone enters the

[21:05] cryptocurrency market, the most common thing is to buy Bitcoin. That's why the dominance capitalization of Bitcoin, is currently at a support level but is trying to bounce upwards. As a counter-indicator, the

[21:19] similarity indicator, or a counter to Bitcoin, is the same but in reverse. Currently, we are at a fairly significant macro resistance level. What happens is that if I go back to the dominance indicator, if the dominance indicator manages to bounce on a weekly scale

[21:32] throughout 2023, it is very likely that the similarity indicator will fall. What does that mean? That the market capitalization will increase because the dominance indicator starts to rise. The market capitalization starts to rise. Okay,

[21:46] capitalization starts to rise. Okay, what result will this give us? It is that Bitcoin cycles, it is very likely that the market will enter that accumulation phase will enter that accumulation phase throughout 2023. Okay, this is the phase where

[22:00] we have to position ourselves in the market. I'm going to look at Bitcoin, which is clearer. What are the buying zones for Bitcoin trading techniques? Okay, I'm going to put it on an annual scale because it's much clearer

[22:13] on a 12-month scale. I'm investing in Bitcoin over 12 months, and it's pretty clear how the buying zone... I personally think the optimal zone will be. We're

[22:26] never going to buy the bottom, so in the end, we have to act cautiously. I'm sure you 've heard about 13,800. 13,800 is nothing more than the 2017 closing price, the closing price of the 2017 annual candle, and the opening price of 2018.

[22:41] That creates support. And the next support level is the famous 7,000, which is simply the closing price of the 2019 annual candle and the opening price of 2020. It acts as support. Personally, I think that if the price of Bitcoin breaks through

[22:56] this entire zone, it's a good time to accumulate that amount. I insist, everyone should do I've been seeing, and this is how I'm going to act during 2023. Okay, possibly if Bitcoin gives us zones below 14,000, it's very

[23:11] likely that we'll see it below a thousand dollars. Okay, that's how I have it. This is marked in Ethereum and I'd like to see it near $600, $700, or

[23:23] buying zone will start below $ 1000. I think it's a very good zone. Let's see if 2023 gives us a chance to position ourselves. But there's one thing you have to keep in mind: you'll probably buy, but you're not going to buy the bottom. It

[23:37] could keep falling. That's why we have to do a dollar-cost averaging (DCA). We're not doing a DCA with Ethereum at $4500; we're doing a DCA when Bitcoin has already retraced 75% or 80%. Okay, those are good zones to start

[23:52] Okay. This is what I've been seeing going forward in the coming weeks. I think we in the coming weeks. I think we could see it at $ 2000. I think in 2023 we'll see some rebound in Bitcoin, okay,

[24:08] with or without hitting $13,000. I don't know, but I think in think in 2023 we could see Bitcoin near $ 20,000, okay, because there are different indicators that are... Hitting bottom, and in the

[24:20] end, these are relief rallies in accumulation phases, okay Erick, these are areas where we'll But this doesn't mean we won't see huge Bitcoin gains of 50%,

[24:32] even 100%. Okay, in the end, it's a wear-off phase; we've reached the bottom of the Bill Market, and personally, I think the 2023 halving and 2024 are some of the best times to position yourself. Okay, I'm sure more than one person said, "Wow, not

[24:47] in 2021! Who would have positioned themselves during the COVID crash or in 2018?" Okay, we're currently in a very similar position. When I bought, so we're clear on this—I insist on this because people get very frustrated—

[25:01] when I bought, I held on. I managed to buy it at around 100, but then it fell to 80, and my Bitcoin price dropped 30%, 40%. Okay, but what happened was that in the following months, it slipped—it was 5000

[25:15] %. Okay, the good thing I did was a good day-for-day buy when the COVID Black Swan event happened. And we're in a similar situation. I see the science. I'm not start working on a strategy to position ourselves in

[25:30] the market. Erick, for example, I'd tell you to accumulate to start with. Bitcoin, Ethereum, Polkadot, the project is pretty top-tier. Don't get into shitcoins, don't get stuck.

[25:43] There will be time to get into shitcoins, there will be time to get into glow caps, there will be time. Now is not the time. Now is the time to get generating capital. When we have profit, we'll divert some of it

[25:56] moves. But at the beginning, we have to start building, as you said. Who would have wanted to, Erick, the one who had 100% of their portfolio invested high, and if it's dropped 95%, now they would have said, "Damn, why didn't I buy Bitcoin when I had

[26:10] 100% or 60% in Bitcoin?" No, now is what we're creating, those foundations. Yes, besides, when you hear about people who have entered at other times in the market, it's easy for them, isn't it? That people who Entering at this moment...

[26:24] Well, you have two options: either exit with an 80% loss on Bitcoin, or understand how market cycles work and wait for the next opportunity. And in the I've spoken with who have made money in this sector have

[26:38] experienced a market crash, a market downturn, entering when everyone was saying, "Wow, market downturn, entering when everyone was saying, "Wow, Bitcoin is going up to 60k!" The reality is that we've all experienced

[26:52] not to experience the same market downturn, but to learn where to position yourself at the best moments.

[27:04] made a lot of sense. He was saying that with the regulation we were discussing earlier, with institutional access, we'll entry point. But let's not forget that in 2017 there was no institutional

[27:19] access. There was no talk of regulation or institutional entry. We still had that opportunity, but the reality is that we are... A current low market at the macro level suggests that it will continue to fall, that

[27:34] interest rates will continue to rise, and therefore negatively affect the market because it doesn't allow for expansion. This will obviously affect Bitcoin, which is currently closely any case, it's important to note

[27:49] that Indonesia is going to launch its own exchange, a national exchange, essentially acting as a central bank but doing so through a how they will do it. But there are already countries that are starting to create

[28:04] their own centralized exchanges that depend directly on the government and central banks. So we must keep this in mind because when smaller players start doing these things,

[28:16] larger countries or governments will surely follow suit. n't guarantee anything, like us surpassing 69,000, obviously. But if we understand

[28:30] the technology behind it, when Bitcoin is down 80%, then personally, we think it's a good price to accumulate for the coming years. That's why I insist... That the DCA is the best

[28:44] option to position yourself if it doesn't reach 69,000, it doesn't matter, you're buying Bitcoin at 16,000, you're already making a good enough. We don't always look for that 30x or 40x multiplier, but let's not

[28:59] multipliers, we're not even talking in percentages, and when we get into crypto we're used to 5x, 6x, 7x multipliers and in the end, profits, total profits. And let's not forget

[29:11] that in the end, Bitcoin as such is going to be an asset that will be separate from all traditional assets like gold, which, whether we like it or not, is largely controlled by governments and central banks. And that's

[29:26] a reality. Bitcoin, in that sense, obviously isn't like But the reality is that being able to have an asset that is totally linked to central powers, where you can diversify part of your

[29:39] capital so that at any given moment they can't restrict your given moment they can't restrict your freedom to have capital without them being able to cut off the tap, is something that... For me, the philosophy of Vision is

[29:51] absolutely incredible in that sense, and let's not forget that. In any case, obviously, take advantage of Bitcoin when it goes up again. We'll take advantage again, because if Bitcoin doesn't soar to 89 but stays close, surely others will surpass its

[30:04] emerge that will have great returns. That's from the speculative side, but let's not value in each of the projects, which are what will truly interesting, and what we can also take advantage of, is with certain

[30:21] liquidity protocols, not to be able to set up settlements, which protocols and those commissions. All of this, which is the Defy part, all of this will also have coming years when the market regains volume and

[30:37] liquidity, as we've seen in previous years. Yes, I don't previous years. Yes, I don't there. I saw you were asking, Sergio, were you going to say something? I

[30:53] question. You speak, we answer a short summary of the strategy that the crypto world now should follow. First, it's a good time; you're entering a wants to enter, and that's when you really have to enter, not when

[31:09] everyone is talking about Bitcoin. I think the three projects you have to have in mind... I wouldn't complicate things. My Polkadot... you can send a higher percentage, maybe one with more risk, but make a hard block. A

[31:25] hard block is one where they put an LED in and nobody can get it out until fact, it doesn't end there. When you have a portfolio of a certain because it doesn't end there. No, because in every bull cycle,

[31:41] new projects come out. You have to be informed, you have to be up-to- able to position yourself, okay? You have to keep studying. Really, in a Bill Market you study, you work; in a good market you enjoy it, okay? That's why you should

[31:55] a good market you enjoy it, okay? That's why you should n't be in a hurry to get into shitcoins, okay? Because we all buy something to some extent, but when the time is right, right now... It's not... The current trend is to generate returns with top projects. As new ones emerge, let

[32:07] me give you an example: in 2020-21, Eric, when the DeFi boom hit, if you weren't up-to-date, you didn't know how to use it or how to farm. You had to stay informed, and opportunities for returns arose that were

[32:22] bull market, other types of finance will emerge that we can take advantage of. When Bill Farming came out in mid-2020/early 2021, it was crazy. Family funds weren't giving you anything; it was insane. It wasn't crazy, it was just madness.

[32:42] because there are opportunities. And the strategy I would follow for the halving is to prepare the portfolio, study, and study so that you don't also know technical analysis. It's important to understand a chart from the very basics,

[32:59] okay? Because while fundamental analysis is good, it will tell you that it's a good but technical analysis will tell you at what price you have to invest in that project, okay? And it's important to combine both things, and I think

[33:11] 2023 is going to be a very sideways year. Rallies. But I think it's the year to start working and really push to position ourselves for whatever may come. Yes, yes, definitely, definitely, I think it's a perfect year to take advantage of it. To

[33:25] be attentive, to look for opportunities when they arise, and above all, not to lose track of the new opportunities that will come up. I wanted to half an hour. We'll try to do this more

[33:37] often if you leave a like on this video. Sergio was asking about CBDCs. They really scare me terribly, terribly, in the sense of fear because there will be even more control over the entire population. What

[33:52] governments, all the big institutions have killed Bitcoin. They've killed Bitcoin hundreds of times during all this time. They've killed Bitcoin

[34:04] as such. And now, as currencies, and now, for a few months now, well, for a few years or so that we've been hearing about this, they say they're going to release TBCs, which are centralized digital currencies using

[34:16] blockchain technology. So, in the end, I'm killing Bitcoin. I'm killing Bitcoin. Then, technology to later launch my Their own central currency, the central currency, the digital Euro, the digital dollar,

[34:28] based on the underlying technology, which is blockchain. So, of course, when I know that banks and companies are working on it,

[34:42] blockchain technology, the reality is that blockchain technology has no more potential than to continue growing. What they're going to do is increasingly control the population. In fact, the other day we were talking internally about a news story

[34:55] that the digital dollar was already starting its first tests in China, and that one of its characteristics could be that it could have an expiration date. That is, they give you, let's say,

[35:11] for I don't know what, or $1,000, or whatever, or digital currency in this case, a year. Therefore, your ability to save as a person is zero, and you have zero savings capacity. What you do is not think about it in a time frame

[35:26] of less than a month, two months, a year at most. What happens is that people are not given the possibility of thinking, damn, maybe what... What my government is doing, isn't the best for me. It's screwing me over, but since I don't

[35:41] have the capacity to save and I have to live tied to what my government is paying me, I can't really go out and complain. And that... The truth is, it's brutal control. When it's installed and established, well,

[35:53] we'll see. At first, then they'll offer incredible incentives, they'll give bonuses for converting your digital euros, that is, your real euros into digital euros. We'll see. It will be brutal. But the reality is that this was nothing more than giving them

[36:05] control. Therefore, I think there will be a very large escape route with Bitcoin, and I hope many people realize this. That's more or less my important thing is, because I also saw a comment there that I wanted to clarify,

[36:19] not that it said anything about Asten, but behind the victim is Google Black of Bitcoin, not in the technological aspect, but because Google and Black reality is that the philosophy of Bitcoin is very good, and we support it 100%,

[36:35] the decentralization, but let's not get carried away with the speculative aspect or get ahead of ourselves. What the big players do, or is it really players do, or is it really complicated for us? Wanting to win, that is,

[36:48] wanting to go against the big institutions and still become rich and multimillionaires—something only a few people achieve in their time. So, let's try. people achieve in their time. So, let's try. Yes, the philosophy is great and we

[37:02] speculate—I'm talking about the speculative side, not the philosophical and more intrinsic technological side—if we want to speculate, let's anticipate what ahead and follow the big institutions, you'll likely have an

[37:16] interesting return. Yes, so I wanted to clarify that because it's something I think is important. As you've seen, guys, we've been adding

[37:28] something else. If we can't leave it for next time, I'd like to do some more in- depth analysis, not to see where we are in the chain because people are still losing

[37:42] confidence in the metrics, but because it's such a long-term thing, we lose a bit of perspective, and these are very interesting things to consider right now, that the Hold is coming into play, so we can

[37:55] start positioning ourselves for the coming years. These are interesting data points for next time. We can bring it, I encourage you to be in the next one if you leave us a like here. I think for the next one we can have some

[38:09] next one we can have some small but powerful metrics analysis ready, great! Well, yes, that's what we'll do, we'll do another live stream to see if we can fit it in after the holidays. Take advantage of it! Well, all of you who have holidays, meals

[38:22] with family in the last few days of these holidays, I'm not taking advantage of being with family these days. Mariel, I've seen her around, let's see if we can bring her one day so she can come and chat with us too.

[38:36] with us, enjoy these days. Mercy Show for all the information, we hope to see you soon, family. And as I said, you can leave any questions you have in the comments of this video, we always try to answer everything we

[38:48] know, obviously, what we don't know we answer very well. Thank you to all the TikTokers, thank you, thank you. you. [Music] to

[39:00] everyone, have a great time, bye family

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