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Hey everyone and thanks for jumping back into the cryptoverse today we have two guests on the channel aaron and austin from altcoindaily they run a youtube channel uh with over a million followers as well as over a million followers on twitter so first of all if you don't follow them i wouldEncourage you to go follow them they've actually been making videos uh well before i was back in in since february of 2018 so they started making videos um more or less at the you know near the beginning of of the 2018 bear market and i mean they stuck with it throughout theEntire thing and they were making videos uh throughout the entire 2018 bear market that was encouraging to see them stick stick with it for sure and definitely provides encouragement for other people to start youtube channels i think but aaron and austin it's a pleasure to have you here we haveA few questions to go through so so thanks for coming on the channel great to be here yeah i remember in the depths of the of the bear market making a video or two alleging that bitcoin could get to maybe eleven thousand dollars someday or maybe even twentyThousand dollars and they're like i know let's get past five thousand firsts people are so angry when the when the market you know stays down for a while right they forget what's possible you know they forget like what it can do because it hasn't done that in so long umAnd the thing is humans have tiny little lizard brains so you know they can't you know this is not a just anybody it's me too you can't comprehend exponential growth when bitcoin was at a hundred dollars people thought ten thousand dollars was crazy moonboy talk and itHappened and you know nobody knows uh which coins can do that yeah that's completely true um so you know i think to start off with just so to people get a brief sort of introduction to your channel uh you know you guys are always covering the latest news you're talking aboutTons of different cryptocurrencies and and obviously your name is is or the youtube channel's name is is altcoin daily so i was curious do you do you mainly just talk about all coins or in your own portfolio does bitcoin have say like uh it's its own special place thatYou know you just you always have to have bitcoin what is your thinking on on say a portfolio uh in terms of bitcoin and all coins well first off benjamin i just want to echo aaron's statement and say thank you for inviting us awesome to be here we'reA big fan of you and we've had you on our channel before always love the collabs and i'm actually going to let aaron kick this off because he actually started altcoin daily invited me in about a month later so he he chose the name so aaronI got in early and then told austin to buy my altcoin daily youtube channel bags just kidding that was a stretch for a joke but uh anyways uh yeah i mean the original intention with the name altcoin daily was we're talking about the whole market you know nobody knows you know whatIs going to be the killer dapps or killer coins or killer whatever that breaks through and we don't want to be limited to say we're an ethereum channel we're a cardano channel we're a bitcoin channel the original intention is we're talking about the whole market whichever is most relevant most interesting now atThe time i had you know no idea there was this you know big war between the bitcoiners and the old coiners and some of them didn't like each other it was never anti-bitcoin and actually um at certain points you know obviously bitcoin is fundamentally different weCan all admit that um you know bitcoin is like my uh my savings account really i you know rather than you know just storing money in a bank i like to store some money in bitcoin and then you know alt coins are more speculative plays and there's you know aWhole spectrum in between um i guess you know at any given time you know hardcore altcoin people will call us bitcoin maximalists or you know bitcoiners will call us you know uh pointers it's just like you know the these uh these trolls and tribal people in the comments by the wayYou know what i'll save that for a little bit uh i guess before i throw it over to austin um i just want to say yeah we covered the whole market um for people at home wondering should i be more bitcoin more altcoin you know we follow the market every single day iWouldn't expect a normal person to take on as much risk as we do because you know the more old coins you have the more risk you're managing um but you know more risk or reward so it goes and i would just add on to that to me i started as a bitcoiner aaronStarted as a bitcoiner and i consider myself at least a little more risk-averse even though we're in the crypto market meaning that i'm a more long-term hodler one and two i don't like to take on a whole lot of risk so i want to find those projectsThat i believe in the most i think they have the best product market fit and they are what i think are going to be here for the long term so for me personally bitcoin doesn't just hold a special place in my heart or my portfolio it's over 50Of my portfolio just because i'm never gonna regret owning more bitcoin in the long run while those al while the farther down coin market cap you get it gets incredibly more speculative right all the altcoins the majority of the altcoins that were here in 2017 over 50 are not here today um butBitcoin is bitcoin's going for the use case of money it's the most decentralized it's the most censorship resistant and that's what i feel most comfortable huddling long term i mean i think that makes sense and even i mean you guys when you first started covering the markets in 2018There's got to be some coins there in the top 10 that there might be some newer investors wouldn't even have heard of today i mean obviously we'll have remembered them but they tend to some of them tend to move move down a few you know a few ranks uhThrough the years which actually brings me to it to another question what are some of the projects you know it's easy to i mean we can talk about you know today but what were some of the projects back then in 2018 that you really followed a lot andYou know no matter the downtrend right the downtrend lasted for a while but what were some of the the projects you were focused on back in 2018 and then you know did you see them sort of blossom in in 2020 and 2021 wha what were your favorite what were someOf your favorite projects back then ah a walk to remember memory lane remembering the good times the moon projects of 2017-2018 first of all before i name a few i do want to just say uh i'm always looking towards the future and i do like to go on other channelsAnd find out what you know benjamin the people in your audience what coins does your audience like and i will be checking the comments of this video and if a lot of people you know vote up a comment uh i'll certainly check it out maybe we'll cover it on my channel i'llCertainly look more into it i'll be down to two okay to answer your question i mean dude it's like cardano um tron dude all my friends were getting in on toronto i remember i bought tron near the top at like 12 cents and i was likeOh i shot up to 21 cents and i was feeling good and then it's i don't think it ever did anything like that again i know the ceos left i remember power ledger power ledger was a big one i remember you trust i remember theta and actually it's there's probably plenty of othersUm there are plenty of others that just got de-listed from like cryptopia and all the celsi exchanges but um i do i mean you can remember things like cardano and theta because uh survivorship bias right they're still here yeah and in the past year they've actually you know gone up versus youKnow when i bought them in 2018 or whenever i did for 2017 and uh yeah that's what i remember i would say i really go crazy for those layer ones and especially in the depths of the bear market i sort of like tried to cover all l ones as if they'reRelatively equal and over time some sort of you know separated from the pack so back then it would have been uh obviously ethereum but the competitors um cardano binance tron silica was a big l1 i feel it was a little more prevalent in 2018 still around still making progress but hasn'tReally come up and obviously tron slowly left the conversation finance coins still very much relevant you know it's and it's not i'm not saying i was invested in those coins but on this channel people subscribe to get it just a general sense of the market and asSome slowly stopped making news and some actually we were seeing make progress those are the coins that kept on my radar yeah i mean i think it's crazy too because during those times we saw all those coins retrace a ton i mean ada was like it itHad to have dropped like 90 something percent right from the from the peak in 20 2018 it was like i think the peak was around around 1.30 and it touched like two cents and the deaths of bear market spent a lot of time around 10 cents it'sCrazy to me that it went from like a dollar 30 down to you know down to to two cents and then now it's back and then it went to three dollars and now it's back to the dollar it's just it's all over the place i was buying some at30 cents but i uh you know when it was two cents i was fighting it dude the bear market got to me i should have bought more yeah that was one of the that was actually one of the few coins that i i was able to to toI didn't i didn't have a huge portfolio back in um like a huge say diversified portfolio like i didn't have like 20 coins or anything back in uh 2018 or 2019 i try to keep a pretty tight ship on some of that but that wasActually one of the few ones i i did have uh during the during the bear market and it was it was some brutal times for sure um but i guess now we've spoken about you know some of those coins and i think most of those coins that you mentioned the audienceWill you know be familiar with maybe there's a couple that they don't fully know much about and that's sort of the point right like we don't always know what coins are going to be around in a few years and going back to you that's why bitcoin is a solidChoice in a portfolio but what about today you know you know as we and let's not let's not put a time frame on it like say like six months or 12 months let's just say all right well you know if you're thinking about the next several years what projects or what sectorsExcites you the most today and we talked about what happened you know about 2018. what about today what do you what do you see is some of the big things coming forward over the next few years yeah first of all just to mention a couple others from back in the day iRemember linda coyne piece of s privacy coin i remember benji coin now i'm starting to remember the real uh do you remember do you remember bbq coin in 2013 2013 dude i didn't even know about it it was like it hit number 11 by market cap in 2013.Tasty it was a simpler time cool the start of the food themed coins wasn't even d5 but anywho um thinking towards the future which is what we like to do i mean there are a lot of things that interest me i mean for the past year we've been seeing evenThe blue chip d5 coins consolidating and they have they're not at all time highs so i think especially people like institutions people like mr wonderful mark cuban those type of people coming in they seem to be really interested in d5 so i think you know the quality defyCoins which are getting used i think that uh could certainly have a run we just interviewed raul paul on our channel he said something similar i think just like if 2021 was the year of nfts i think we're still pre the year of play to earn games now whether that'sThis year or next year who knows but i think we're still way before that gets wildly popular like nfts are i think uh layer twos will continue to be popular because ethereum gas fees are are sickening even though i'm still bullish on ethereum but i'm also bullish on ethereum interoperators and competitorsLike elrond polkadot solana um and of course just you know that's what i'm thinking austin plain and simple i am even more bullish on l1s coming off of 2018 and 2019 and i mentioned this next statement on other podcasts before but kathy wood said something very interesting notableInvestor of arkhanvest has a huge uh has a great um pov into the investors mindset uh institutional mindset excuse me institutional mindset she made this comparison that back in the dot-com bubble all the value accrued to the businesses and the websites built on top of the internet obviously meaning you couldn't invest inThe underlying protocol what we're seeing now and what she thinks will continue to see is the value accrue to those underlying chains as it works out what can be built on those l1 protocols so again going along with a little more risk averse i'm into those longer term holds i'm intoA big into ethereum big into cardano i wish i got into solana i don't own any i think aaron does and any of those uh any of those l ones that are clearly making progress and we're see clearly seeing implementing so really you know i mean the the theKey things that you guys are watching are layer ones and the play to earn stuff which i mean i agree the play to earn gaming it does seem like something that's coming um the only thing i've wondered about is you know how does it is it i think one of the biggest challengesHas been you know you have sort of developers who are you have crypto guys that you know like the crypto side and they're trying to make a game to go with it i think it'd be cool if you get the gaming industry to incorporate the crypto parksAnd then you have like the really cool games and then you know the incorporating the other side of it um maybe that'll totally yeah i mean i could definitely see that being huge um if the game needs to be fun right and you know just you know how i think about theCryptocurrency market because we named some broad you know verticals different uh sectors in crypto but the way i like to think about the cryptocurrency market this is simplifying it but the key to being successful with bitcoin is huddling the key to being successful in crypto is adapting you know think back to 2021.Did anybody know it'd be the year of you know nfts and you know uh alternative layer ones no maybe like i was pretty bullish on ethereum but i could have hunkered down stayed in my ways not like you know think no the rest of the world is you know dumbBut no that's not what you do you adapt you learn new things and you just try and uh try and stay vigilant right you have to be somewhat reactive to the market well i mean like our i mean because you guys cover the news like all the time are thereAre you know are there certain developments going on that you're surprised more people aren't talking about or you know are there things that have caught your eye recently that you see is you know really bullish or eye-opening for certain sectors or certain parts of crypto so we know we sort of answer thatQuestion already but if there's anything else let me let me paint this picture benjamin the ex-ceo of twitter jack dorsey left twitter now full-time bitcoin the x uh youtube's ex-head of gaming left youtube is now full-time polygon probably nothing those are just some of the ceos that were watching come into this newInnovative space i'll also add on to that walmart just put in the patents to launch their own cryptocurrency which is crazy they're also trying to uh they trying to get into metaverse as well by filing some patents for their products um let me think on top of that bitcoin mining intel isLaunching or putting in the work for their own mining chips so even though prices are declining it's crazy that if you look at what's happening underneath the hood behind the scenes all these companies are getting in on trying to get in on the ground floor quote unquote and put in theInfrastructure so they can take advantage of this new innovative realm let me go even further benjamin do you know the coin that more vcs different vcs own than any other coin let's take bitcoin and ethereum out of it what's the coin what's the coin the more vcs own i meanLike the most distributed out of like the family offices and vcs usdc i mean correct or go ahead just i i i would be taking a random guess i don't know then let's hear it i mean i i mean it could be a stable coin if it's not a stable car i'm notTalking about stable okay um think of layer one uh solana benjamin it is polka dot polka dot okay you look into the research it is polka dots that's a piece of news that more people should know about i think that's telling how do they know watch what theyDo not what they say um because i mean where they have to disclose i don't know it's um from asari from a trusted data analytics besides that other pieces of news leaked images and openc did not confirm this but leaked images from openc the most popular ethereum-based nftUh secondary marketplace on the planet is looks like based on leaked pictures incorporating with solana and i've always said you know we need an nft marketplace where you can buy a thief nfts and soul nfts and dodge or bitcoin whatever it is that's a piece of news then the finalPiece of news benjamin that i think more people should know about it was widely reported that kathy woods of arkhanvest is predicting a one million dollar bitcoin by 2030 and it's way more than just that sentence she broke it down but was less reported in that report is that she's predicting anEthereum price of 180 000 in that same time frame now in the report she talked about what eep's market cap could be and then she did a little bit more and then you just have to extrapolate the price and that's really news that everybody talked about kathy woods and bitcoin nobodyTalked about her suggesting that it could hit a price point of 180 000 by 2030. i mean that'd be that'd be incredible if it did it's sometimes hard to imagine these prices you know but and then but then i also think back to 2015 when ethereum was trading or ether wasTrading for for one dollar you know and now it's trading for um you know over 20 woods doesn't have a lizard brand that's for sure that's actually so that that's the you know one of the things i keep thinking to myself is like there's so many smart people right that are areThey see the future i mean you have as you said you have the ex ceo of twitter who literally quit his job and is now diving you know deep into bitcoin and then sometimes i i just kind of you know as i'm as i'm like sitting around i'm like thinking to myselfA country just bought the dip you know like a country is is buying the dip and and and some of these things that are going on today like and with like you know you have michael saylor and microstrategy and i mean even tesla they still i mean i know i know they've sortOf rolled back the um some of the what they did initially but they still bought 1.5 billion dollars worth of bitcoin this is stuff back in 2017-2018 like we weren't even it was hard to imagine that kind of stuff you know we're we're small countries by by the bitcoin dip so itDoes seem like you know we're we're heading in the right direction even if prices would have been laughed at ben back in the day you would have been called a moon boy yeah you just said a small country is going to be buying bitcoin or elon musk is going to beBuying bitcoin with tesla's money and here we are and here we are and now we have um i'm sure you guys have seen on twitter like you have all like you know mcdonald's and wendy's and burger king all tweeting about crypto and stuff yeah oh yeah i'm sure twitter is going toVerify your little jpeg yeah we all right bro yeah it's it's definitely a a changing landscape and it's changing quickly too um all right well i want to ask one more question and then we'll go ahead and wrap it up uh i think the hardest thingFor people right now is is the downtrend that bitcoin has been in for the last you know more or less two two and a half months and i mean look you know i i even i watched your guys channel in 2018 and when you guys first launched it i you know it wasThere weren't many channels you know back then and you guys stuck through it even even when the market was um you know super bearish when a lot of other people when a lot of other people sort of just left and did their own thing and then and then came back a fewYears later you guys you guys stuck through it so i i guess the question i would have is what what type of encouragement would you have for for newer people that they got in in 2021 and um if they're having a hard time you know looking past tomorrow or or nextWeek or next month what are some strategies that you guys use to to keep it you know to to keep it long-term and to to basically not lose sight of where we're headed i would say for me personally always have a plan before you invest and in these times ofUncertainty or extreme volatility go back to your original plan and ask fundamentally did anything change like for me just looking at bitcoin and ethereum like in the depths of the bear market you know i was you know putting dollars a thousand dollars whatever into bitcoin was ranging between six and 12 kLike me personally in my mind i said i am holding this at least five years i'm not gonna i am not trying to sell it at 60k i might take my some profits one at a time range and two at a price range if it's you know it goes to 100k orWhatever it is but for me personally 60k is not enough i will hold because i believe in the underlying asset and i'm looking at all the things that make up the network value like the hash rates transactions etc and just adoption in general and looking at that and understanding that hasn't changed we'reSeeing more adoption than ever for that uh then my original plan hasn't changed and if you believe bitcoin is going plus a hundred thousand dollars eventually then dips can be a gift although it's never fun i would say if you invested in some random altcoin and you're getting destroyed right nowLet that be a lesson too and just in terms of risk management and you know don't get over leveraged and just you know always keep learning always keep recalibrating and and then you know find the investments that work for you in your time preferenceThere's so much that i could say or do i even begin how do i manage during these tough times because honestly what we've witnessed in the past six months or so it's not what i expected to happen me like many people were expecting your uh you know longerCycles to not be played out i was expecting that four year cycle ben it didn't happen but now we're here what do i do um i mean number one like zoom out zoom out if you anybody who's held bitcoin for you know less even less than four yearsLike 3.8 years it has made money and even more than that just take a look what's going on in 2014 there was one exchange mount gox it got hacked and the price crashed top of 2017 there were a few more exchanges but i remember at the top ofThe of the bull market right before it turned exchanges were turning people away they could not handle onboarding new users at least in america finance wasn't even a thing it just barely got started and now it's the biggest exchange in the world now cut to today four years laterPaypal's you know uh you know selling offering cryptocurrency facebook instagram walmart twitter all getting into nfts it's just this kind of stuff is makes me realize that this isn't like a one or two-year thing this is a decade-long thing and we're at the forefront of this and uh i guess finally umYeah i i don't know man it's just you know you just got to keep doing your own research and oh yeah i mean just in order to not get burned you ought to think about having a making a plan to realize some profits if you don't think you're going to be ableTo handle it make a plan say oh a year from now no matter what the price is maybe i'll sell 10 percent maybe i'll take out my initial investment or just you know learn proper money management is a big thing and then of course always keep a moon backYeah i mean i think that's great advice so people need longer time horizons i think is you guys that's one of the biggest things is just try to take a step back and kind of see what's going on in the space and people are innovating it's just a matterOf time uh before you know before things look better like guys i don't want to take up any more of your time but i it's been a pleasure having you on um i i will remind people that we will have the link to their youtube channel uh down in the description below andI'll pin it in the comments as well so make sure you guys go check out their altcoin daily youtube channel uh you can also follow them on twitter we'll have that linked as well um and again they have one of the biggest crypto youtube channels out there i mean at over aMillion there aren't that many that are that are over a million so uh congratulations on those on those milestones but again it's pleasure having you here guys um and uh i will see you hopefully again in the future we can do more these more of these collaborationsThank you so much benjamin and yeah benjamin account audience come on say hi you know come on in in the comments say hey i'm from benjamin collins channel and uh that way we'll know his audience is strong and i just want to you know finally say ben thank you for having usOn a huge fan of your channel everybody you go on the reddit threads you go on any thread they say benjamin collins is one of the best in the space and i agree with that oh thanks i echo that thanks man all right thanks bye