Profile Photo

Brian JungOffline

  • Brian_Jung
Early Investment: Top 5 Cryptos to Consider

Early Investment: Top 5 Cryptos to Consider

Since the end of the 2021 bull run the crypto Market's crashed but in this past year we've seen the start to a path of recovery so with 2024 right around the corner I think it's important to discuss which cryptocurrencies are the ones that you should consider to invest in nextWe'll be going over all of the updated news talk about the fundamentals of the crypto and also give you a brief breakdown regarding the technicals of the crypto so you at least have a good idea on the entry point let's start with Bitcoin still currently the number one cryptocurrency within the charts whichHit a low of $15,500 but even just a year later right now this asset is up 67% at over $26,000 this means if you invested $11,000 into Bitcoin a year ago it would be worth approximately $1600 today that right there is a $ 67% upside even through what experts have called this toBeing one of the worst bare markets in the history of crypto not only that but let's not forget Bitcoin actually hit an all-time high of over $69,000 back on November 8th of 202 21 this means if we ever get back to those same levels again $11,000 invested intoBitcoin when it was at its low of $15,500 will be worth approximately $4,300 if we return back to those same Levels by now you should have a pretty good idea of what Bitcoin is after all I've talked about it probably a hundred different times on this channel moreSpecifically I wanted to focus though on why the use case of Bitcoin is more relevant than it ever has before this is because Bitcoin is initially created to be an electronic peer-to-peer cash system but it turns out that it also attracted many investors as it being aStore of value currency in the past 3 to 5 years we've seen Money Getting printed by the feds at an unbelievable amount in just 2021 alone over $13 trillion was printed out of thin air and just last month it was announced that the US national debt hit $33 trillion for theFirst time in history with all that debt that is now circulating throughout the country it has resulted in some of the worst inflation we've seen in our lifetime even in Q4 with interest rates being at a 22-year high our monthly inflation isn't looking so great eitherJust from June of this year we've had our inflation rate jumped from 3% to now still 3.77% without an end to sight considering that the Federal Reserve inflation goal was actually at 2% I think it's safe to say that we're still moving in the wrong direction when youStart to realize how flawed our monetary system has become and how easy it is for the government to manipulate the currency we use the importance of decentralized currency then what we refer to Bitcoin becomes the solution that makes the most amount of sense on top of the current World MonetaryCircumstance Bitcoin still has the First Market mover Advantage because it was the first cryptocurrency to ever come out as a result Bitcoin is known worldwide it has strong brand recognition and it still has loyalty from the crypto industry as the number one crypto to exist among the vast oceanOf over 16,000 assets Bitcoin impressively holds its grounds ranking 13 in terms of market cap against all the other world assets now here's why Bitcoin is still the number one crypto on my list Bitcoin is one of the few cryptocurrency that is officially labeled as a commodity by both the SECAnd the cftc now this distinction here is important just because the sales of security are often heavily regulated and we've also seen a lot of external manipulation happening within those assets even right now throughout this bare Market where it seems like no one anymore is interested into crypto we'reActually still seeing an increase in demand globally for Bitcoin as more countries organizations begin adopting it as additional National currencies don't forget about El Salvador which made Bitcoin legal tender but let's Zoom back in to even the United States where our version of Bitcoin getting adopted more and more comes through the aspectOf the Bitcoin spot ETF large money managers like Black Rock Fidelity Valkyrie and Arc Investments have all decided to pitch the SEC their application on having a Bitcoin owned ETF now as demand continues to increase globally and within the US for Bitcoin one aspect that has been helping thePrice of Bitcoin even stay afloat during these times is the fact that it is still considered to be a deflationary asset this is because Bitcoin does something every four years where it's called the Bitcoin having where the amount of Bitcoin awarded to miners is reduced by half until all 21 million Bitcoins haveEventually become mined this mechanism here helps Bitcoin to become a more inflation resistant resource by the way the next Bitcoin having is expected to occur during April of 2024 where we're going to see the reduction of the block rewards go from 6.25 Bitcoin to 3.125 bitcoin and this is where I possiblyBelieve is going to be the start to the next Bull Run all in all if you want to have exposure within the crypto markets I still personally believe that Bitcoin is going to be the safest bet to do that with with still decent marginal upside taking a look at the weekly chartBitcoin currently has had a healthy bounce off the $25,000 support level but then got rejected at the $288,000 resistance level the Catalyst to keep an eye out for would be the Bitcoin ETF getting approved which could send Bitcoin upwards to $30,000 especially as we get more confirmation that we'reComing out of a recession a lot of things are still up in the air but if you're playing this as a long-term game I believe that you still have a great buying opportunity here especially when we look towards the future of where Bitcoin will be at 5 to 10 years fromNow the way I also see it is that bitcoin's potential downside from here is returning back to previous support levels and I give this like a 20% chance of it happening again but still there's a higher percentage chance that we will just slow roll to the upside on the offChance I'm completely wrong and Bitcoin flash crashes again down to the $155,000 level I believe that is going to be the best buying opportunity that we can see opening up for anyone who's is a long-term holder now by the way if you're looking to trade Bitcoin and other cryptocurrencies like the oneWe'll mention today be sure to check out the Discord group Down Below in the description where we have several qualified and profitable trading analysts where one of them is even on a 16 trade winning streak on bitcoin since the beginning of August collectively amongst those 16 trades the ROI is justShy of 800% and if you've ever wanted to make money from investing get an idea from some of these trade alerts be sure to check us out down below in the description my analysts include the entry price the stop-loss price the takeprofit price and explanations as toWhy the trade was made if you're looking for community and direction from others within the space I'd love for you guys to join by the way for whatever reason you're not satisfied we also have a 14-day money back guarantee so you can join risk-free and get your refund if itWasn't what you looking for all that comes to you no questions asked Brian I just want it back because I'm broke sure get it back now the second cryptocurrency on my list for today is going to be ethereum ethereum is currently the second largest cryptocurrency in the world by totalMarket cap and there are still pretty good reasons for that while Bitcoin may be better known and have a larger market share many people even now still agree that ethereum takes the price for popularity and will still provide even higher returns than Bitcoin over time my favorite analogy for this is bit coinBeing like gold and ethereum being used like silver where silver is more commonly used in everyday items where it has more versatility more function unlike gold now since ethereum is a foundation Network for so many projects and for most of the big nfts as well a lot of people justify that ethereum isGoing to have a bigger opportunity than Bitcoin and one day that it could even flip Bitcoin in market cap if we consider the fact that ethereum also had 338 more transactions in 2022 than Bitcoin we then begin to get a bit more clarity on that claim where I'm mostBullish about ethereum is going to be the use case and fundamentals ethereum recently had a major Network update where they transition from a proof of work consensus model over into proof of stake where ethereum has now reduced its inflation rate to the point where it's now considered to be deflationary asWell this upgrade also resulted in ethereum diminishing its carbon footprint on the world making it about 99.9% more energy efficient and the average ethereum gas is currently at its lowest Point since November of 2022 with these new upgrades coming out there's an increased earning potential for ethereumOwners as the new version promises even more passive income as people can now stake their ethereum and earn a higher yield ethereum also maintains its position as a top altcoin due to its unmatched utility of its Network the ethereum blockchain has launched more cryptocurrency projects than any otherBlockchain in the world as of May 2023 ethereum has now built over 3,500 different projects with a total value lock of $32 billion amongst its layer one solution I also want to mention the main narrative behind the previous Bull Run was that there was so many ethereum killers different tokens were justMaking it their mission to replace ethereum and this just shows that ethereum is still to be one of the top contenders when other projects were consistently trying to match or beat the standard that they set ethereum today is sitting at around $1,500 with a previous all-time high of $4,800 meaning it'sDown about 68% if ethereum goes back to its previous all-time high it would go back to 215% in gains I think no matter what ethereum is still a great safe play compared to a lot of the smaller Cap all coins and this is always a position thatI've had a majority of my bag sitting in as well even though nfts metaverse and all that stuff is rather flat I do believe that in the next Bull Run we could see a resurface of this and thus pushing up the price of ethereum naturally as well now the ThirdCryptocurrency on my list it's still a bit of a controversial one and that's going to be Ripple's xrp for anyone who doesn't know xrp is the native cryptocurrency the Ripple payment protocol which is a real-time grow settlement system currency exchange and remittance Network now the xrp's tokenIs best known for its ability to facilitate fast and low cost International transactions unlike many projects out there xrp is not actively mined with new tokens coming into circulation instead it was predetermined that it has a total supply of just 100 billion tokens over the past few yearsXrp faced one major obstacle and that was a legal battle against the SEC if you're in the crypto space you would have heard about this probably a gazillion times but just in case you're a Crypton newbie and you're hearing about this for the first time all youNeed to know is that back in 2020 the secc initiated the first major cryptocurrency lawsuit against Ripple and the creator of the xrp token the agency here claimed that xrp is by definition a security and thus Ripple Labs was selling unregistered Securities leading to the lawsuit now it wasn'tUntil a few months ago or 3 years after this had first started where a judge has now ruled in favor of Ripple Labs stating that xrp token was indeed not a security Now the judgment on this was made in terms of retail sales on xrp so basically sales of between people likeYou and I getting involved but when it comes to institutional investors the judge actually ruled that Ripple laps still may have been in violation of security laws a now even though this was considered to be a partial Victory nonetheless it was a huge win for the entire crypto market after theAnnouncement of this being made xrp even jumped 100% in a single day and has since been slowly moving back to where it was previous to the court ruling now the best part is that the SEC was also so blindsided by this decision that they even appealed the judge's ruling and itWas later rejected which reaffirms the strength that Ripple had in their case after the news settled crypto exchanges that had previously delisted xrp added that token back onto their platform so whether it's coinbase or binance or C coin you're going to now be able to buy trade and sell xrp since the legalDecision in court has been made on top of the major legal battle win xrp Ledger has insanely low transaction fees and this is why a lot of people really believed in the project so xrp's Ledger has been operating reliably since 2012 and has now closed over 80 millionLedgers with all that said xrp now has the ability to function more like an actual currency than many other tokens in the market apart from the technology Ripple is also known for having a very strong passionate Community that's stands proudly behind the project and team from just even witnessing howSupportive the xrp community was throughout this entire legal battle I'm very bullish on this project here right now xrp is sitting at about 48 cents its all-time high was over $3 and it's still down about 85% if xrp goes back to its previous alltime High it would give you a return of589 from the time of filming this video now the fourth cryptocurrency on my list for today is going to be a coin that I've talked a lot about and there's four good reason to this is cardano so cardano is arguably one of the most prominent and popular ethereum killerCoins in the crypto market today it has a current market cap of 8.6 billion and it's currently ranked as the eighth largest cryptocurrency in the world ironically enough the cardono project was actually founded by ethereum's co-founder Charles hoskinson now it turns out Charles hoskinson has been working endlessly to make sure thatCardano continues to stay as a top competitor even for when the next bull market comes around now similar to ethereum after the merge cardano uses a proof of stake blockchain platform with the goal of allowing innovators and Visionaries to bring about positive Global change that right there is aMission statement that they've been carrying along with them for many many years now what I love about cardano is that it's demonstrated a ton of practical applications across a diverse range of Industries including real estate agriculture retail and even the education space now on top of all thatCardano also offers a solution to inflationary pressures faced by Fiat and digital currencies with its hard set and limit of 45 billion tokens out of those 45 billion Min to tokens only 36 billion are left in the total Supply after token Burns and as we've discussed many timesOn this channel a currency that can be infinitely produced by those in control will never be a reliable source of value so cardano is the exact opposite of that they have a source of value that's limited not only that but cardano has also showed many many times that it canHandle large number of transactions while ethereum is still Limited in its capacity if we were to compare these two assets scalability is a very important aspect of being able to double down on what we believe is going to be the next popping cryptocurrency because if it can't process transactions and thisSpace continues to grow over the next 5 to 10 years we could begin to see other projects getting phased out now this is where cardono really shines so take for example Bitcoin where it can only process about seven transactions per second or take as an example ethereumWhere it can process about 15 to 30 transactions per second cardono can now process up to 250 transactions a second showcasing the ever growing utility that cardano has within the space three more simple reasons why I love cardano they're energy efficient they're constantly upgrading their Network andTheir project and last but not least they are still moving forward in their road map right now cardano is in their fourth stage called baso which is all about scaling and adding interoperability to their Network and the fifth and last stage of their road map is going to be voler and this isGoing to be all about optimizing cardano's governance towards decentralization and becoming more self- sustainable now cardano's current price it's at a quarter all right literally 25 cents right now all-time high was over $3 it's down about 91% so if it went back to its previous all-time high you'dBe seeing an upside of Over 1,112 Now The Fifth and final crypto on my list is going to be Cosmos also known as Adam Adam is the native utility and governance token of the cosmos Hub and one of their most popular features is their proof of State consensus modelThat allows token holders to stake their atom to take part in validating transactions this is very similar to what ethereum and cardano can also do but what I really love about Adam is the fact that you can usually earn a bigger yield with this cryptocurrency comparedTo some of the other ones to give you an example the passive income earning potential I've Stak my Adam for the last few years and I've been earning anywhere from 10 to even 12% apy where even on my coinbase account I've netted over $1,400 in passive income just by locking up myAdom now I know 1,400 bucks isn't going to be lifechanging money but it's still just free money that allows me to have a better peace of mind the fact that I can combat inflation just a little bit and my investments are still working for me as an investor this token here has beenPretty attractive but it's also solid choice for web 3 developers and innovators now although I'm not a blockchain engineer I do know this Adam continues to aim towards making blockchain technology less complex and difficult for decentralized application engineers and developers through something called their tendermint engine without getting too technical theTenderman engine here is the part of the network that allows developers to build blockchain without having to code them from scratch instead developers can use chunks of code that already exist and I think of it as if I'm trying to build like a Squarespace website where I canDrop different templates and the process of it is just a lot easier lastly we can't discuss Adam without mentioning the cosmos Hub which is also referred to as the internet of blockchains this Hub here allows for blockchain networks to be able to communicate with each other also known as interoperability look asThe future progresses it's very unlikely we just have one cryptocurrency that everyone uses and rules them all it's most likely we're going to have a variety of cryptocurrencies that all need to be working together to be able to move the entire space forward with a project like Adam that already has aBase fundamental in the idea of interoperability with other companies tokens projects working together I think that alone right there is very bullish now Cosmos today is sitting at $632 the all-time high price was $473 it's down about 87% and if it went back to that previous all-time high they would be sitting at645 increase in gains so ladies and gents that right there is going to be my top five crypto picks going into the new year and hopefully for 2024 I still personally think right now we're seeing great buying opportunities especially if you are a long-term holder if you HavenTo be a short-term holder or you want to get back into the space now be sure to check out our community down below we'd love for you guys to join because we know throughout these bare markets this is the most important and critical time for you to have the most experience andTime within the market a lot of people make the mistake of joining during the bull market and we are prepping things now so that when the bull market comes you guys are going to be flourishing with the amount of money that you have and when I be tossing out words likeFlourishing just know it's about to be crazy so we're setting oursel up for Success I'd love for you guys to do the same as well we have a great money back guarantee policy I'd love for you guys to just check it out and join link isDown below thank you all so much again for watching this video be sure to subscribe if you haven't done so already smash that like button if you guys did find any value at all and if you guys want to see more videos just like this let us know Down Below in the comments

Read More
2023 Crypto Investing A Comprehensive Beginner’s Guide

2023 Crypto Investing A Comprehensive Beginner’s Guide

Investing in cryptocurrencies has become one of the most popular investment opportunities in recent years. The meteoric rise of Bitcoin and other digital currencies has captured the attention of both seasoned investors and newcomers to the market.

Read More
Discovering the Best 5 Cryptocurrencies I Recommend

Discovering the Best 5 Cryptocurrencies I Recommend

so ladies and gents I've gone ahead and scoured the crypto Market to bring you what I believe are the best crypto picks for this month starting with the first cryptocurrency on my list for today which is called polygon also known as Matic so polygon is a layer 2 blockchain solution that runs and operates on ethereum's network to process transactions faster and connect ethereum based projects by the way for those who don't know a blockchain that operates on top of another blockchain is what we call a layer two blockchain so what you need to know really is that polygon is the first well-structured and easy to use platform for ethereum scaling and infrastructure development polygon is often referred to as ethereum's Internet of blockchains because it effectively transforms ethereum into a full-fledged multi-chain system it's also worth noting as long as ethereum stays relevant and polygon remains one of the top dogs for ethereum layer 2 scaling Solutions the Matic token will continue to exist and will play an increasingly important role securing the system and enabling governance when it comes to polygon we have a few advantages that you all need to know about first of all polygon is an erc20 token meaning that it's compatible with other ethereum-based digital currencies the Matic token is also known as a governance token so other owners of this crypto can participate in the way polygon is run on top of that this coin also serves what I call like a little Trifecta moment where you can also stake it to earn interest and it can also be used to pay additional gas fees with this cryptocurrency transaction fees are consistently low so a typical transaction fee is around one cent and the ability to process those transactions are relatively quick to do that they use a consensus mechanism that completes the transaction confirmation process in a single block when it comes to news and updates regarding polygon well we got a few things polygon's development team has just released its improved scaling solution called zero knowledge ethereum virtual machine also known as ZK evm this year will reduce the cost even more and also increase scalability to a whole other level all you need to know which is first of all ZK roll up pretty much sends transactions in batches to ethereum for proving it on that main chain what's most important here is that it makes ethereum's blockchain run quicker and it becomes less congested and will hopefully lead to even much less gas fees polygon co-founder Sandeep nawal also tweeted that ZK evm will quote change ethereum scaling forever and even described it as the Holy Grail of ethereum scaling on top of that even ethereum's Creator vitalik buterin was also involved in the polygons zkevm carrying out the first ever transaction where he left behind the message quote millions of constraints for man unconstrained scalability for mankind at the time of filming this video polygon currently sits at the price of a dollar and 12 cents and has reached a high of 2.92 cents back in December of 2021. that means it's currently down over 61 percent from that all-time high and if it ever returns back to that price we would be seeing an Roi of around 160 percent moving on at the next cryptocurrency here on my list is going to be chain link also known as link so chain link is a decentralized blockchain Oracle Network which just simply means that it can transfer Real World data to programs running on the blockchain think of it also in a way where chain link is pretty much just the middleman that allows these contracts to quickly and securely connect to other big data sources like stated within the actual name of the crypto chain link it's like a bridge that brings a smart contract the data it needs and it connects it all together I don't know what this is I don't know if I'm about to start doing the Nae Nae now some examples of external data these programs may want to receive could be stock prices sports scores and pretty much any data resource or API out there now beyond the simple aspect of connecting smart contracts to data chain link went ahead and updated its version from two years ago to to expand its set of services to include connecting smart contracts with off-chain computation payments and events now with this expansion of the off chain functionality within its smart contracts there's essentially a whole new class of hybrid smart contracts that are all dependent on the chain link nodes with this information chain link is now partnered with some of the biggest blockchain networks and companies all around the world including ethereum cardano Solana polka dot and more to apply this to the real world chain link is also partnered up with Google for its Google cloud service and to be able to partner up in putting more of their data on at the blockchain on top of that binance is also using chain link to connect its data to blockchain platforms now chain link has also been ramping up their efforts to increase adoption and attract new users to their Network in a recent tweet they stated that chain link listed all the recent deployments and future plans to the project which include a wide range of other web 3 Services out of all of that chain link went ahead and added a feature called the proof of Reserve protocol which automates on-chain audits to verify reserves that are held by certain entities within the network during the whole collapse of the market you know the bear times and in the recession most you guys should know just how important this feature here really is don't forget just a little while back that a lack of Reserve auditing was what led to Tara USD also known as UST to go from its one dollar Peg to around one cent in just a single month well with chain Link's proof of Reserve feature stablecoin Protocols are able to enhance that stability and transparency by providing real-time insight into the reserves which will bring user and Market confidence as well as more credibility into the crypto space at the time of filming this video chain link is sitting at the price of around seven dollars and reached a high of 53 dollars back in May of 2021 which means that it's currently down over 86 percent from its previous all-time high and if it returns back to that price we'll be seeing an Roi of around 640 percent now the third coin here on my list is Litecoin so back in 2011 when Litecoin was first created it was actually one of the first all coins in existence and was frequently the second largest cryptocurrency by market cap now Litecoin is very easy to understand because it operates very similarly to bitcoin because it was developed using a copy of Bitcoin source code also known as forking and it was designed to complete crypto transactions quickly and cheaply Litecoin was initially created because of developers concerns that Bitcoin was becoming overly centralized and too controlled and they wanted to make it more difficult for large-scale mining firms to gain the upper hand in mining regardless though Bitcoin and Litecoin still share a bunch of similarities first of all they are technically both decentralized they operate as utility coins where it's considered to be like digital money and they rely on proof of work as their concept and they also rely on the community to supply tokens through crypto mining both cryptos also go through something called the halving event where about every four years they reduce an number of coins that generated and released into circulation last but not least Bitcoin and Litecoin also have a fixed Supply Litecoin however is at 84 million tokens whereas Bitcoin is currently at 21 million tokens today in terms of the pros for Litecoin there's actually a few so although Litecoin is very similar to Bitcoin in many ways Litecoin actually processes transactions four times faster than Bitcoin right now the stats are adding up to be around 2.5 minutes per block where Bitcoin takes about 10 minutes per block transaction fees for Litecoin are also significantly lower than Bitcoin due to the smaller block size and faster transaction times if you ever wanted to send just a small amount of Bitcoin to someone else if you could pay just a fraction of that that is pretty much where Litecoin steps in and says you know what we we do that we actually make it a little bit cheaper and faster for those micro payments so here are two reasons why I believe Litecoin is bullish one of them is the fact that the cftc reaffirmed their stance that Bitcoin ethereum and actually Litecoin are Commodities rather than Securities as you know the government does not like crypto maybe it's because the government is realizing they can print infinite amounts of money they don't want to lose power of the dollar like we're seeing now and maybe they just want to weaken any type of Alternatives that the people of the United States may want to run to next now another reason why Litecoin might get some bullish price action later on this year and early 2024 is because it's having event is scheduled for this upcoming August which is about four to five months away previous having a Bitcoin and Litecoin markets have preceded Bull Run so this could also produce a similar bullish outcome and for Litecoin more specifically we've also seen a pretty consistent track record in the past of having a significant pump in the month leading up to tabbing event now Litecoin currently sits at the price of 90.71 although it had reached a high of 420 dollars back in December of 2017 and look ladies and gents I know that was a long time ago but don't worry because it's second all-time high is just under that at 414 dollars back in May of 2021. going off that 2021 all-time high that means Litecoin is curling down over 78 from that period of its price action and if it ever returns back to that price level once again the ROI would be of at least 360 now the fourth Point here on my list is going to be none other than BTC also known as big train coin so I know Bitcoin has made my top five lists for the past you know three crypto picks but that is for good reason right now unless you're living under a rock it doesn't have to be unless you're living under like a microscopic Pebble okay look everyone knows we're in a crypto bear Market whenever the market turns around and goes bullish usually Bitcoin is the first cryptocurrency to lead the way on top of that here are just some fundamental reasons why I continue to invest in Bitcoin and that's because Bitcoin is also the first moving crypto it was one of the first cryptos within the space it is the top leading crypto in terms of its market cap and whenever the market becomes more volatile it is still the one that Lee leads the way takes a little bit less of a hit than you know we've seen with other all coins the proof is in the pudding the proof is in the proof is in the pudding AKA in the charts for Bitcoin where in previous Market Cycles Bitcoin although it may have fallen it has always continued to pick itself up and to dust its knees off good in more recent developments with this cryptocurrency Bitcoin is also the only crypto that is labeled both a commodity from the cftc and the SEC another reason why Bitcoin is one of the best cryptocurrencies to hold throughout this recession is just the fact that right now we're seeing a lot of banks shutting down just a few months back we saw the case of the Silicon Valley bank and then eventually getting bailed out by the U.S federal reserve now Bitcoin was literally created as an alternative to traditional banking after the 2008 financial crisis and to address the problems associated with traditional Fiat currencies like inflation government control privacy and you know things like bailing out a bank that that was too over leveraged it blows my mind that even through times like this that Bitcoin is not currently double the price that it's at right now everything that is happening within the economy the US dollar getting weakened and just how ridiculous it is for our government to continue printing money all while we're paying still enormous amounts of tax and the fact that people do not look at Bitcoin as that solution even though that's what it was created for it's only been 15 years since the 2008 financial crash and already we are watching Another giant banking crisis unfold right beneath us I believe though this is one of the reasons why government agencies like the SEC the cftc are doing everything they can to discredit cryptocurrencies and to put a bad reputation within the space I have a feeling that for any Senator as an example Elizabeth Warren who's literally calling a war against people who are into crypto because they realize that crypto is the solution to our broken Financial system but they do not want to give up control to the people now Bitcoin at the time of filming this video is just at around twenty eight thousand dollars and its all-time high was sixty nine thousand dollars back in November of 2021. This Means currently it's down over 59 from its all-time high and if it ever returns back to that price level then we would see an Roi of a round of 145 now the fifth and final coin for today's video one of my favorites one of my biggest Holdings here is going to be ethereum as I mentioned in previous videos If Bitcoin is considered to be gold then ethereum is what I would consider to be electricity providing an actual use case on a more efficient Network designed for updates and Innovation as time moves on rather than just being a store of value and a hedge against inflation ethereum is still currently the world's second largest cryptocurrency and is constantly providing the crypto industry with Innovative updates and upgrades made to its blockchain as most you guys know ethereum did move away from that proof of work concept and moved over into proof of stake and it's been going pretty well on top of that ethereum is posed for a new upgrade we're on April 12th they have the Shanghai upgrade that will allow users to finally withdraw their staked ethereum that's been locked up for about two years now the reason why this is significant is because there's an estimated 16.5 million ethereum currently staked and all those investors will finally have access to realize those gains now the good news here is that ethereum withdrawals will only be available in small chunks so this is going to limit the amount of volatility that we can see after the upgrade goes live now on top of that ladies and gents ethereum has just been consistent since those upgrades have been made we have been seeing the applications of things such as the nft market getting a surplus in volume and activity take as an example the other Deeds project they are finally moving down their entire timeline and we got cool collaborations we got announcements that a game will be coming out very soon and even their partnership with Gucci what you want to take note of is the fact that if you want to buy trade sell any nft which it seems like the volume for that is going up for then you will still need ethereum in order to make those transactions possible now at the time of film filming this video ethereum is currently sitting at the price of eighteen hundred dollars it hit nineteen hundred dollars for just a brief moment but remember the all-time high was back in November of 2021 at 4 867 bucks what this currently means is that it's down about 61 from its all-time high and if it ever returns back to that level then we will be seeing an Roi of over 160 percent Now ladies and gents that is going to be my top five crypto picks for the month of April let me know Down Below in the comments what your favorite cryptocurrency is what your top pick would also be and if you guys do want to check out the links Down Below in the description we're doing something brand new something cool so I had a full membership group a while back at the peak of it we had maybe five to seven thousand members in there it was crazy it was always selling out it was booming but then the bear Market hit bear Market hit prices started going down and right now in a bear Market I don't like trading like I do normally within a bowl a scene so what I realized was that we gotta revamp this thing we got to come out with a new plan and finally we are underway so if you guys want to be on the access list for that be sure to check out the link Down Below in the description I have a feeling that this time around for the patreon Discord volume 7.0 it's gonna sell out again soon so if you guys want to have access to a crypto Community if you want to get some newsletters on exclusive market analysis and on top of that get some of your questions answered exclusively by me within the group be sure to check out that listed Down Below in the description

Read More
Best 2023 Cryptos to Invest & HODL

Best 2023 Cryptos to Invest & HODL

So over the past year we've gone through a very wild ride within the crypto markets although the past one year hasn't been the best for Price gains if you're following the simple principle of Buy Low and sell high this might actually be one of the best times toStart building your positions to get in while prices are still heavily discounted so just to simplify that a bit further if you had invested a thousand dollars over the past few months that amount would be worth over twelve hundred dollars or a two hundred dollar gain not only that but let's notForget that Bitcoin had hit an all-time high of 67 000 on November 8th of 2021 which means if we ever get back to those same levels again you would be 3xing your investment at the current time of filming this video so ladies and gents here are the facts fundamentally nothingWith crypto has changed more Partnerships have been made developments and teams are still building and most importantly we're now on a clean slate of sketchy exchanges and projects finally getting wiped out and exposed so we can grow on real healthy money second on a price Action level Bitcoin is downNearly 70 since the previous all-time high and during the last crypto winter Bitcoin had gone down 84 from the top to the bottom before it went parabolic once again I would also put it in the Layman's perspective of if you saw your dream car or dream house for 70 offWould you not buy it last but not least it's safe to say the markets have been rough we're going through a pretty bad recession right now but something I've mentioned on this channel from time and time again is to not be a sheep meaning to Have Courage when everyone is beingFearful and fearful when others are greedy now the crypto fear and greed index is right now showing fear over the last month and if you had bought you would be up now so with all that being said let's get started with my top five cryptos for this year so the firstCryptocurrency on my list is going to be none other than Bitcoin by now you should have a good idea of what Bitcoin is and why now more than ever the use case of Bitcoin is so relevant this is because Bitcoin was initially created to be an electronic peer-to-peer CashSystem but it turns out that it also attracted many investors as a store of value currency in the past three to five years we've seen Money Getting printed by the feds at an unbelievable amount just a few years back for the year of 2021 it was actually 13 trillion dollarsThat was printed out of thin air and in the last two years the U.S federal reserve has now printed 80 percent of all US dollars in existence since then we've seen the effects of all the debt that is now circulating throughout the country and it's even resulted in someOf the worst inflation that we're still going through now guys even this year we're going through which I never would have expected called the Great egg crisis where even eggs now cost over 60 percent since last December so when you start to realize just how rigged theWhole system truly is and how flawed Central currency is the importance of decentralized currencies such as Bitcoin starts to make a bit more sense now Bitcoin also has something called The First Market mover Advantage because it was literally the first cryptocurrency to ever come out as a result Bitcoin isAble to acquire a strong brand recognition and loyalty from the crypto industry and it's still the number one crypto by market cap and that hasn't changed since its release Bitcoin also technically doesn't have an owner or a governance team so will remain as one of the most trusted cryptocurrencies everTo be created because there's no possibility of human error to ruin the project or mess with the network in the future and the code not only that but Bitcoin is still one of the cryptocurrencies that is officially labeled as a commodity by the SEC and cftc this distinction is importantBecause the sales of Securities are heavily regulated by the Us and other National governments which makes it subject to even more external manipulation since Bitcoin though is not considered to be a security it can be freely traded on traditional asset markets as well as the crypto exchangesAnd it doesn't run the risk of being attacked by the SEC this also means that Bitcoin has a possibility of getting more institutional exposure it is something that we're seeing a lot of old school traditional bangs and a lot of those financial institutions coming in and investing some of their exposure toDon't even forget like microstrategy Tesla we had companies that were listed on the public Stock Exchange that were going ahead and buying millions of dollars worth of bitcoin on top of that there's just an increased demand globally for Bitcoin as more countries and organizations continue to adopt itAs their National currency even other countries such as El Salvador as you guys know have spent a lot of time in order to make Bitcoin their legal tender as the demand increases over time for Bitcoin the supply is going to get more and more scarce due to the built-inDeflationary strategy also known as the Bitcoin housing halving having halving y'all let me know in the comments which one you guys say I say halving anyways for those who don't know what Bitcoin halving is these are Cycles where every four years the amount of Bitcoin awardedTo miners is reduced by half until all 21 million Bitcoins have been virtually mined it's estimated that the year of 2140 is going to be when Bitcoin will all be mined but the halving mechanism right now helps to make Bitcoin a scarce inflation resistant resource now I'mGonna give you guys a little secret nugget here Mark the state in your calendar because the next Bitcoin having is set for March 24th 2024 and when this happens it might be too late to buy at the prices that it is currently at now all in all if you want to have moreExposure within the crypto markets but you're more conservative you want to do it in the safest bet possible I think Bitcoin is truly the best way to go like I mentioned at the beginning of this video with the current percentage change that we've seen from its all-time highOf more than 69 if it went back to that returning number we would see a 225 upside now the second cryptocurrency on my list for this year is going to be ethereum so ethereum is currently the second largest cryptocurrency in the world by total market cap only followedAfter Bitcoin while Bitcoin may be better known and have a larger market share many people have argued that ethereum still takes a prize for popularity and also arguably might even give a much higher return over time my favorite analogy to all this is that Bitcoin is always going to be like goldIt's going to be a store of value it's going to be the old school Tech but ethereum is seen as that new kid on the Block where it's almost like silver where we see it used more commonly in everyday items like kitchen utensils or even compare ethereum to be more likeElectricity where you have use case to it since ethereum is the foundation Network for so many crypto projects and for most nfts as well some people could justify that ethereum is much more popular than Bitcoin especially considering that there were over 338 percent more ethereum transactions overBitcoin for the year of 2022. now is also last year where ethereum transactions amounted to 408 million where Bitcoin only reached a 93.1 million the use case and fundamentals of ethereum have consistently been evolving for example ethereum underwent its long-awaited merge event that transitioned the network from a proof ofWork consensus to the proof of stake model now guys for the sake of this video I'm not going to explain all the technicalities of that I've made dedicated videos on ethereum before all you need to know the tdlr is that ethereum is on track to diminishing itsCarbon footprint on the world making it about 99.9 more energy efficient which is one of the key arguments that many people have against crypto on top of that it's also in the process of lowering the higher gas fee costs and lastly it's also working towards becoming quicker and more efficient atProcessing transactions with these new upgrades come increased earning potential for ethereum owners as a new version promises more passive income under a system that prioritizes stakers over miners ethereum also maintains its position as one of the top all coins due to its unmatched utility of the networkIt should also be mentioned that there is a collection of prominent crypto tokens out there that are also categorized as ethereum killers because they aim to do everything ethereum does but better while it's still debatable whether or not some of these projects do even come close to what ethereumProvides you have to realize that the key word here is aim these projects are aiming to contend against ethereum which automatically puts ethereum as this high standard Top Dog Contender where other projects are trying to consistently match what they've done so ethereum currently sits at the price of aroundFifteen hundred dollars and it made an all-time high of around 4 867 before that means right now you're gonna be getting a 67 discount from the previous all-time high and if it does end up going to those levels you'd be seeing returns of over 200 percent aMajority of my Holdings are still within ethereum I'm still heavily involved within the nft space I'm seeing a ton of projects still getting built while things seem rather quiet within the web 3 space but rest assured within the next few years we're going to be seeing even more better developments popping up andWhile we're in this really bad bear market and things seem rather quiet it's times like this where you want to build that courage up and do what others are not doing moving on the third crypto currency on my list might be a bit more controversial but I do need to give myCredit over to Ripple's xrp so xrp is going to be the native cryptocurrency of the Ripple payment protocol which is a real-time gross settlement system currency exchange and remittance Network now this was first proposed back in 2012 by a company named Ripple labs and the token is best known for its ability toFacilitate fast and low cost across border transactions what makes this network so unique is the use cases of The xrp Ledger which is an open source permissionless and decentralized technology that has a crazy low transaction fee of .0002 cents per transaction combine that with their high speed processing ofAbout three to five seconds per transaction and its carbon neutral energy efficient scalability measures of about 1500 transactions per second xrp is still a rather strong Contender this is because apart from the technology Ripple is also known for having a very strong and passionate community that stands proudly behind the project andTeam what's Most Fascinating about this project is actually the fact that their biggest enemy is not the crypto token holders it's not the developers or other competing all coins it's actually the SEC if this is the first time you're hearing about Ripple or its battle withThe SEC all you need to know is that the SEC filed a lawsuit against Ripple claiming that they sold unregistered Securities Ripple has denied these allegations claiming that xrp is a currency not a security and this legal battle has been going on since the late 2020s although there's still no realConsensus on whether xrp is considered a security there still has been some pretty good news for the xrp community and that's because there have been some secret documents that would help Ripple win its case the only issue with all that is the fact that those documentsThat they need they have been in the possession of the SEC and these documents are from a former SEC director of 2018 where he stated and explained why ethereum is not considered to be a security either now Ripple believes that having access to these documents willHelp them bring this court case to an end just just because of how closely related xrp has been to ethereum but the SEC has been doing everything within their power to keep these documents out of court the SEC even went as far as defiling a motion to seal the documentsForever claiming that they weren't relevant to the Court's summary decision while the documents have been sealed all hope is not lost because if they do get released we could expect to see a possible major win for the Ripple community and a huge setback for Gary genzer and the SEC now even with theWhole FTX debacle we've been actually seeing how much involvement the SEC has had and it looks like they aren't this really good justice-focused government entity we're now even getting more evidence just how flawed the SEC has been and I believe if we continue to get more setbacks from reasons that the SECHas acted not in the favor of the people but for themselves that this could turn out to be in the favor of the crypto project and then we could possibly see xrp doing much better than before so right now xrp is trading at around 39 cents down about 88 from his previousBiggest all-time high of three dollars and 30 cents if this lawsuit ends in Ripple's favor I would not be surprised if xrp skyrockets past one dollar or more within that first 24 to 48 hours if you do end up picking up some xrp at the time of filming this video and it doesMake it back to its previous all-time high that would be an Roi of around 750 percent keep in mind too that even though xrp is down a good amount it's still considered a risky investment because of the current lawsuit and because of the nature of it being aCryptocurrency and you know if they do lose a legal battle we don't know how much lower it could sink so the whole point I want to make there is to do your own due diligence that make the trades that fit your strategy and financial plan but here is the info and theCurrent predicament with this project now the fourth cryptocurrency on my list I had to think long and hard about it but I made the clear decision to go with Avalanche also known as avax avax is going to be a layer one blockchain that functions as a platform for decentralized applications and CustomBlockchain networks it is by far one of the most popular and favorite ethereum killer something we talked about earlier in this video where it's directly competing with several other competitors to try and overtake ethereum as that number one altcoin what makes avax one of the top crypto projects is that itHas a unique solution to what we call the blockchain trilemma pretty much the perfect blockchain is going to have three main pillars security decentralization and scalability now the issue within the trelemma is finding a balance between the three that's because oftentimes a project will be really goodAt two things like if they're good at scalability and decentralization they're often held back by security so crypto projects can either choose to focus on two out of the three or find a solution to tackle the entire trilemma together now what makes Avalanche unique is that they went ahead and decided to tackleAll three their proposed solution to this is to create three different blockchains which is called x-chain C chain and P chain x-chain also known as exchange chain is used to Center see funds on the Avalanche Network we have pchain which is the platform chain which is used for staking avacs andFacilitating the litidator activities following that we have C chain also known as contract chain which is used as avalanche's chain for D5 apps and smart contracts now they all have their distinct purpose and function but they pretty much work together by dividing different Computing tasks which results in insanely quick and efficient outputAs well as low cost for gas fees this is what allows Avalanche to have one of the highest transaction outputs of around 6 500 transactions per second while not compromising on any of those scalability issues in comparison at the time of filming this video ethereum can still only process between 15 to 30Transactions per second and ethereum still hasn't fully tackled the gas fee situation that is coming on next in their timeline of upgrades so it's still within this time where other alternatives ethereum are going to cost you less money to use so I think safe to say that avax has their head on straightThey're trying to take this in the right Direction but one of the reasons why I am more bullish on them is because of their most recent Partnerships with Amazon web services Ava Labs the developer of the Avalanche Network have partnered with Amazon earlier this month to implement new features that wouldBring scalable blockchain solutions to Enterprises and governments pretty much Amazon's going to implement new features that makes it easier for developers to run an avalanche node through that AWS Marketplace to me I like to be on the lookout for any Partnerships and whenever I see something like thisHappening I always consider it to be good news and the start of something big at the time of writing this video the current price of avax is at 17.50 it's currently ranked number 17 on market cap for coin at marketcap.com and considering that the all-time high forAvax was still at over 150 dollars I think it's safe to say that this crypto is on a massive sale if you do happen to add some avax to your portfolio at around current prices if it does return back to the all-time high that we've seen before this partnership you wouldBe getting an Roi of over 750 so the fifth and final crypto on my list ladies and gents this is gonna be boom boom Cosmos also known as Adam so Adam is going to be the native utility and governance token of the cosmos Hub nowTo give you a little bit of info on this project Adam has a unique and Innovative blockchain that focuses on solving some of the most challenging issues within the crypto industry such as slow speeds high costs scalability setbacks energy inefficiencies and even fragmentation apart from this Adam also aims towardsMaking blockchain technology less complex and difficult for decentralized application engineers and developers through something called The Tender mint engine without getting too technical here the tenderman engine is the part of the network that allows developers to build blockchains without having to code them from scratch think of having toDevelop a website all from code that you don't know or using a company like Squarespace or Shopify where you can drag and drop applications the software that Adam uses focuses on modularity and it essentially allows a network to be easily built using chunks of code thatAlready exists the end goal for the long term is that complex applications will be straightforward to construct because of how the blockchain infrastructure was created now my opinion the coolest and most important feature about Adam is going to be the cosmos Hub where this Hub allows for blockchain networks toCommunicate with each other also known as interoperability while all the things that I mentioned about Adam are great if you didn't know one of their most bullish reasons and their little special dinga to do is the fact that they're best known for their interoperability Solutions in connecting multiple layerOne blockchains as said in the white paper they quote Cosmos permits blockchains to run concurrently with one another while retaining interoperability the cosmos Hub essentially manages a number of other independent blockchains and acts as the central Ledger for the entire system and allows anything that you can think of happening on oneBlockchain to happen on another one so with all that said Adam has the potential to become an important infrastructure layer within the overall crypto industry to help facilitate the exchange of value and information between several different blockchains now the reason why this is on my list isBecause I believe if not two to three years from now it'll definitely happen seven to ten years from now where cryptocurrencies will learn to co-exist more naturally where it won't just be one cryptocurrency to rule it all but it will be a lot of them or at least theTop 10 or 20 working in congruency or through the idea of interoperability where they are all linked together almost like a spider web and they work in unity this is exactly what Adam or Cosmos is all about and if you believe in that feature too which I think isMuch more probable than just one cryptocurrency ruling it all an atom might be a project worth checking out at the time of filming this video their current price is at 12.50 it's currently ranked number 20 with a total Mark cap of 3.5 billion dollars if you happen toInvest in Adam now and returns to its all-time high 46.68 you would have an Roi of over 270 percent so ladies and gents this is going to be my list of the top five cryptocurrencies to invest and hold for the year of 2023. now if you're tryingTo get started I know there's a lot of exchanges that gone under that we thought we could trust for me I'm using just a handful of them now I've reduced them significantly after doing my own due diligence so right now I'm using binance and I'm using coinbase if youGuys want to pick up some free crypto item linked down below but before you ever use just a regular exchange make sure that you take advantage of investing into crypto completely tax-free and that's by using your Roth IRA or your 401k account which is something that I trust Capital allowsYou to do this is where you can buy and sell crypto anytime anywhere no monthly fees and by using my link down below you'll also get a hundred dollars for free after funding your account this is incredible this is something I highly recommend so you can save money on thoseTaxes speaking of taxes that season is going to come up before we know it time is already flying and I've partnered up with coinly which is the number one crypto tax software in the US if you're trading crypto these are the two essential platforms that you need I gotYou guys hooked up with either free crypto free money or a discount link Down Below in the description if you guys did enjoy this video be sure to drop a like down below comment down below the secret phrase word for for this video and that is going to be hopeLike always follow me on Twitter and on Instagram if you haven't done so already and in addition to that check out some of our other videos on this channel And subscribe if you want to learn more about crypto made easy for beginners thank you all so much again for watchingThis video and until next time peace out

Read More
Understanding Cryptocurrency: A Comprehensive Explanation

Understanding Cryptocurrency: A Comprehensive Explanation

So i'm gonna explain to you what cryptocurrency is in about 60 seconds or less to begin cryptocurrency is an alternative form of payment to cash credit cards and checks the technology behind it allows you to send it directly to others without going through a third party like a bank normally if i wantedTo send you money yes you watching this video i would ask you to pull up one of those apps venmo cash abzel whatever you plan to use cryptocurrencies solve the problem it allows us to skip this and work through creating a public record of all the transactions which are bundledInto blocks and then cryptographically signed this is why you may have heard of the word blockchain commonly referred to within the crypto space the most famous cryptocurrency of course is going to be bitcoin which has been used previously in the past since 2009 now the easiestWay to learn crypto is by doing it yourself meaning send yourself crypto from one wallet to another or ask your friend if you can send them maybe a couple dollars to see the potential yourself

Read More
Please wait...
User Balance 44 / coins
Crypto Newbie

User Badges

Media

Top