There’s a four year cycle in Cryptos you must see now! Plus, crowd favorite Tony Saliba and Jeffry Turnmire fill us in on what’s going on in the chaotic land of Bitcoin and other Cryptos.
And don’t miss Roger Scott’s warning: “This market is doing it’s best to trick the bears into thinking the bulls are in charge”
On this week’s show: Tony Saliba, Jeffry Turnmire and Roger Scott.
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►Click To View This Episode's Transcript◄1 00:00:00.000 --> 00:00:01.900 JT: Doing good, doing good. 2 00:00:02.100 --> 00:00:07.849 Celeste Lindman: hey? Well, great, we got the recording going. So this is this is fantastic. 3 00:00:07.860 --> 00:00:37.840 Celeste Lindman: you know. I'm excited that all of you are here today, because, as I keep saying, I know it sound like a broken record, but it's going to be heavy on content. And while you know your brain's going to be full. But hey, guess what you'll be able to digest it piece by piece, and just let you know up front. Hey? This is recorded. So if you don't get all of the details, no worries, you can go to the website. It's atp traders.com, and get not only today's recording, but a lot of really great great recordings. So all right. Yes, it is good to see Tony again, Mark, you are exactly 4 00:00:37.850 --> 00:00:50.410 Celeste Lindman: exactly right, so you know. How is your way? Oh, we've got some. We got some Christmas hats on. Thank you. Jeffrey listened. He was listening. I I I haven't seen Roger yet? Is he going to show up with a 5 00:00:50.430 --> 00:01:06.509 Tony Saliba: He's he's got a head on? I got a head on. I'm sitting right here. Hey, love it good to see you, Man Haven't seen you in a long time. I know I've been busy. Hi! How are you doing? I'm doing great. I'm doing great. You and I really do need to catch up. 6 00:01:06.680 --> 00:01:17.290 Tony Saliba: We do. I guess I should come down there and see you. It's a little little nicer right now. We're getting lots of snow. 7 00:01:17.580 --> 00:01:25.480 Celeste Lindman: Yeah. Well, it's been some time right here right now. This is going to be fantastic, you know it's it's it's volatile out there right 8 00:01:25.490 --> 00:01:53.580 Celeste Lindman: all over the world, in the markets everywhere. But you know what don't be afraid. Do not be afraid. Embrace it, don't, be discouraged. Have courage, because we know that you can do this, and we want to help you do that because we know all about all this risk that's in the market. We we've been around for a good long time and traded a lot of different types of markets, but it's important for you to understand whatever you are trading before you ever click that mouse, because your capital is at risk, and you can lose it. 9 00:01:53.590 --> 00:02:23.089 Celeste Lindman: You can lose it all if you don't understand how to properly measure things. So listen up and apply what you hear and be measured like we have Jeffrey turnmayer here with us. He's measured. He's been doing this since the third grade, and he's taught lots and lots of people. This system that he kind of uses called this these echo trades, and it's fantastic. He's been able. He's been right here on. Ask the pros called lots of tops and bombs way in advance. If you listened, it would have been very helpful, for you 10 00:02:23.100 --> 00:02:47.439 Celeste Lindman: can't wait for you to see what he's gonna talk about today. And you know he's a civil construction engineer by trade and, boy, we're glad that he is in the markets. He brings a lot of background to us. We've got Uncle Roger in the house. Great hats everybody. Uncle Roger is back with us. Top systems. Trader in the world manage millions and billions just all kinds of the wealthiest families all over the world. We can't name them because you know them. 11 00:02:47.450 --> 00:03:08.200 Celeste Lindman: and that he's worked with top top minds because he's a top mind himself with White House professionals and Ivy League professors. You name it. That's why a half a 1 million people come around to listen to what Roger has to say, and that's why you all are here, too. We're so glad Tony saliva is back with us, you know. Tony's been busy, you know 12 00:03:08.310 --> 00:03:36.499 Celeste Lindman: in the crypto world. We are going to hear about that. It's fantastic. You can go to his website, learn all about it. It's, and we're going to talk a lot about it today. Course, Tony is this incredible business leader? He is the only options trader that's listed in the what is that book? The the market wizards fantastic. And you know he's a master trader at Cboe, and sole founder, CEO of Liquid Point, founding member of many key companies, and he's sold those for a real, pretty penny. 13 00:03:36.510 --> 00:04:02.560 Celeste Lindman: So he's a pretty wise guy, and you need to listen to what he has to say. He is a board member of the Chicago Stock Exchange there in Chicago, where it is snowing. And just maintains this this global view all over the world, working with people and bringing opportunities to you like we're going to hear about today. So you know there is a lot going on in the market. There's a little bit about this Ft. X. And this Sbf. Sam 14 00:04:02.570 --> 00:04:08.769 Celeste Lindman: bank field fried. Is that right? There's something about that. 15 00:04:08.970 --> 00:04:11.700 Tony Saliba: I can't scam Bankman fraud. 16 00:04:12.100 --> 00:04:28.750 Celeste Lindman: There you go. That's a good one, too. I like that. That's good. Well, I hope none of you were heard by that. But you know, let's address this thing head on, and let's get started. Hey, Roger, when you first heard about all this news. you know the ftx, you know everything, and and I up to now what what thoughts are going through your head? 17 00:04:29.160 --> 00:04:44.210 Roger Scott: could be quite honest with you. I was I wasn't specifically expecting it with him. I was expecting something like that to happen, and I I don't think we're done just yet. The Justice Department moves really the I call it the Department's store of justice for different reasons. But 18 00:04:44.220 --> 00:04:50.790 Roger Scott: the depart that yeah, Tony got that one but the the the the the 19 00:04:51.200 --> 00:05:05.190 Roger Scott: I think they're very slow there. There's going to be more. there's going to be a lot more stuff going on. There's there's going to be at least 6 or 7 more companies. Not that big, but there's it's like a domino effect. We're not done cleaning cleaning house just yet. 20 00:05:05.560 --> 00:05:16.200 Tony Saliba: Great thanks for that. And then, Tony, what in a nutshell, you know what caused all this with ftx and fraud basically in a little little nut a fraud nut. 21 00:05:16.430 --> 00:05:20.880 Tony Saliba: This this is not indicative of the asset class at all. In fact. 22 00:05:20.980 --> 00:05:25.029 Tony Saliba: probably everybody on this call remembers Enron. 23 00:05:25.130 --> 00:05:30.500 Tony Saliba: and it was a energy trading company 24 00:05:30.630 --> 00:05:34.740 Tony Saliba: that was replete with fraud. 25 00:05:34.760 --> 00:05:41.140 Tony Saliba: and the as Roger said, the Justice Department finally got around to nail and all those guys and gals. 26 00:05:41.290 --> 00:05:45.960 Tony Saliba: but we didn't shut down the energy sector. This guy 27 00:05:46.080 --> 00:05:48.000 Tony Saliba: Sam Bankman freed 28 00:05:48.120 --> 00:05:48.880 the 29 00:05:49.280 --> 00:05:50.919 Tony Saliba: fooled a lot of people 30 00:05:51.030 --> 00:05:57.360 Tony Saliba: and paid off a lot of people, and you're gonna find out that a lot of people in Washington 31 00:05:57.400 --> 00:06:06.240 Tony Saliba: got a lot of his money, and that's why they arrested him right before he was gonna testify on Tuesday, and this was 32 00:06:06.330 --> 00:06:09.880 Tony Saliba: total fraud. This was not about the asset class. 33 00:06:10.320 --> 00:06:23.530 Roger Scott: Yeah, yeah, this is about his fraud. I mean, he's playing a game, but he know this this guy. Still, money is is plain and simple. He did a lot of wrong things. It it wasn't it had not. This is nothing to do with privacy or security of crypto. 34 00:06:23.700 --> 00:06:26.790 Roger Scott: This is this is just a thief, you know. 35 00:06:26.830 --> 00:06:29.950 Tony Saliba: right and and so that's one last thing I mean, they 36 00:06:30.370 --> 00:06:49.350 Tony Saliba: a lot of people entrusted faith in him because it was the kind of spirit of the age where, wow, these are with kids a little bit of credentialing. And a way we go, and the big firms put in a lot of big money, but also a lot of individuals. They say over a 1 million accounts 37 00:06:49.360 --> 00:06:55.400 Tony Saliba: people like us had their trading dollars there that are tied up now. 38 00:06:56.550 --> 00:07:08.779 Tony Saliba: but basically. It was a you know, giant shell game of fraud that he layered in money with journalists and politicians. 39 00:07:08.790 --> 00:07:17.530 Tony Saliba: so that nobody wanted to really pick around the edge. There were some people that picked around the edges early on, but they didn't get a voice in the mainstream. So 40 00:07:17.540 --> 00:07:41.400 Celeste Lindman: yeah. Well, i'm here, and it's i'm glad here from all of you guys here today. You know that it's but it You know more of this isolation, and that this is not indicative of the whole crypto world, and that's what we want to bring to the table to today, because, like Jeffrey, turn my, I was listening to your with your weekly this crypto power placing that you have. And I gotta tell you I I really got excited about some of the things that you were saying some of your analysis. 41 00:07:41.410 --> 00:07:53.809 Celeste Lindman: and and I want to get to that. But first I have to ask you this: You know what's the best way for traders to protect themselves in this type of volatility and cryptos like. Is there a safe way to do this, or should we just not get involved? 42 00:07:54.150 --> 00:08:05.470 JT: Well, number one, as with anything you're going to put your harder and dollars into. You gotta understand what you're doing. You got to understand the game. You can't just go. Oh, crypto, that's the hot new thing. 43 00:08:05.610 --> 00:08:14.209 JT: I'm all in like that is 100% completely dangerous for your dollars and your sanity. And 44 00:08:14.330 --> 00:08:20.179 JT: it's just. I mean, you need to fully understand what you're doing. That's that's the number One way to protect yourself. 45 00:08:20.350 --> 00:08:27.760 JT: And if you don't, have don't want to take the time. Don't want to, you know. Spend the effort to learn it all. 46 00:08:27.800 --> 00:08:36.180 JT: Then you need to find yourself somebody that can break it down for you, and you know, really explain it, really make it something 47 00:08:36.210 --> 00:08:44.040 JT: that you can wrap your head around, and if they're not willing to answer your questions, and, you know, really take the time to help you. 48 00:08:44.120 --> 00:09:01.780 JT: Then you need to search for somebody else. And, I like to think that, like through my crypto power plays that I sit there, and it's. Break it down. Explain the news every week. for those followers that choose to do that. And you even watched a couple of the the back episodes and said that you know you really felt like you learned something. So 49 00:09:02.240 --> 00:09:02.950 JT: yeah. 50 00:09:03.000 --> 00:09:12.490 JT: I'm: i'm not going to speak to your crypto credentials. But I for what I understand you don't have a ton. 51 00:09:12.840 --> 00:09:27.319 Celeste Lindman: but and that's probably the case to like a lot of people listening, or you know, maybe some of you who are listening. You dabbled into it, but it's just like it's just like Jeffrey said. You know it's it's a big world to understanding. You really do need to know who are the professionals that you can trust. 52 00:09:27.330 --> 00:09:56.740 Celeste Lindman: and that's why I brought these guys to the table today because I trust them, and i'm implore you to trust them as well. So I think that was very well, said Jeffrey. Thank you. So, Roger, let's get started with you. You know I was in your class. It was in the spring this year, and it was your algae class. It was a very expensive class. What worth every single penny. And you start talking about cryptos there, and some things that you were seeing with the all those and the cryptos. I wonder if you could share a little bit of that with us? I know you have some broad analysis for us as well, too. 53 00:09:56.750 --> 00:09:59.580 Celeste Lindman: so you can share that. But I want to hear also about I'll go. 54 00:10:04.240 --> 00:10:07.250 Celeste Lindman: And, Roger, you are muted. 55 00:10:09.900 --> 00:10:16.799 Roger Scott: and you're still muted. Can you hear me now i'm so sorry, I said. That is great. I can't wait to share all that stuff with you. 56 00:10:17.080 --> 00:10:27.360 Roger Scott: let me let me do some market analysis for you, and then we'll get into that. As a matter of fact, I want to show you a graph of what we discussed, and Matt, is you going to have it for me in the next few seconds. 57 00:10:29.260 --> 00:10:41.579 Roger Scott: All right, he's converting it so we should be kosher all right. So the first few things I want to talk about. Let me just go ahead and share my screen, and I will talk about that. But before we do I wanted to just address one last thing, and I don't mean to be the dead horse. 58 00:10:41.690 --> 00:10:47.530 Roger Scott: This this whole bankman fried business, this whole character. If the market, if the crypto market was going higher. The 59 00:10:47.920 --> 00:10:55.219 Roger Scott: and and people were making money. I think he would have kept perpetuating this, and nobody would have been the wiser. 60 00:10:55.370 --> 00:11:13.449 Roger Scott: and I think the only reason why he, and maybe not the only reason, but one of the biggest reasons why it happened is because the market started moving down. When people starts moving down you it's harder to play the there's a there's a name there's a a criminal name for it, but it's basically you know the the shell game, the the 61 00:11:13.460 --> 00:11:33.649 Roger Scott: Ponzi think? Thank you so much, Ponzi. Scheme. Yes, as you as you could see my knowledge of criminal. but think yeah, Ponzi was an Italian. So yes, yeah, yeah. But thank you. Thank you guys. Yeah, it it's harder to do that, which is, by the way Allah made off. Thank you. So I just wanted to bring that to the thing. So 62 00:11:33.660 --> 00:11:39.480 Roger Scott: it's kind of unfortunate that this had to happen for him to get caught. You know it's kind of sad. Now. 63 00:11:39.760 --> 00:11:50.710 Roger Scott: I want to talk about some things now. I think a lot of people here, a lot of people. I'm going to go ahead and share my screen are curious about the market right now, and. 64 00:11:50.740 --> 00:12:02.660 Roger Scott: as you know, Celeste, I've been. I I've been very vocal about this market for the last several weeks, and I've been talking about a market this market and I've been saying how this market is doing the best job humanly possible 65 00:12:02.720 --> 00:12:03.520 Roger Scott: of 66 00:12:03.730 --> 00:12:04.450 Roger Scott: of 67 00:12:04.830 --> 00:12:06.320 Roger Scott: trying to trick 68 00:12:06.350 --> 00:12:07.340 Roger Scott: the 69 00:12:07.740 --> 00:12:11.889 Roger Scott: bears into thinking that the bulls are in charge again. 70 00:12:12.290 --> 00:12:20.520 Roger Scott: Okay, it I've never in my life have seen. I mean it started right here. And and, by the way, by the way. 71 00:12:20.640 --> 00:12:25.949 Roger Scott: when I say this, I was reading, I was reading a barons last Saturday. 72 00:12:25.990 --> 00:12:29.940 Roger Scott: There was a little comment there wasn't even an article. It was a little comment, and it said. 73 00:12:30.460 --> 00:12:40.420 Roger Scott: before we saw this downside right here when we were like right here when everybody was thinking. You know Rainbows and and and you know are are back in, and the world is pretty again. 74 00:12:41.430 --> 00:12:47.309 Roger Scott: it said in the in, the in the Barons, that the divergence between the S. And P. And the spy is the biggest. 75 00:12:47.340 --> 00:12:50.529 Roger Scott: It's been the biggest. It has been the 76 00:12:50.860 --> 00:12:53.440 Roger Scott: in since 1,930, 77 00:12:53.820 --> 00:13:01.469 Roger Scott: so you could see here that the the S. And P. Just hit the fifty-day mood the 200 day moving average didn't really rally up here. But the dow 78 00:13:02.880 --> 00:13:09.660 Roger Scott: it took us for a spin, and if traders are looking at the dow, and if they're relying on the dow. 79 00:13:09.910 --> 00:13:28.600 Roger Scott: they would have thought that the dow is now breaking out and going into a new bull market, because we're about to 200 day moving average. We're we have a little cup and handle here, everybody. You don't understand how many emails I got. Say, Roger, Roger, you're wrong. You're wrong, and no, I wasn't. I wasn't wrong. And on that note, just to show you guys some perspective. 80 00:13:29.450 --> 00:13:32.089 Roger Scott: If I looked at the charts I would have been fooled, too. 81 00:13:32.350 --> 00:13:36.000 Roger Scott: This number, right here 2 weeks ago is at ninetieth percentile. 82 00:13:36.060 --> 00:13:40.289 Roger Scott: That's the number of stocks trading above the fifty-day moving average. It's at 55. Now 83 00:13:40.560 --> 00:13:42.379 Roger Scott: this number right here 84 00:13:42.830 --> 00:13:53.600 Roger Scott: the Dow Jones was at 95. It's now at 66. It's a big difference between 95 and 66 i'll show you in case you don't believe me, let me show you what i'm talking about. 85 00:13:55.140 --> 00:13:56.110 Roger Scott: Look at this 86 00:13:59.950 --> 00:14:00.740 Roger Scott: right there. 87 00:14:01.430 --> 00:14:08.640 Roger Scott: That was 2 weeks ago, and now we're right there, and every time we come up here, guess where we end up down here 88 00:14:09.010 --> 00:14:19.470 Roger Scott: it's not. You don't have to be an Einstein to figure that out. Okay, you really don't matter of fact, S. And P. Did a classic topping out right at the 200 day moving average. 89 00:14:19.760 --> 00:14:22.209 Roger Scott: shook out the weak hands 90 00:14:22.580 --> 00:14:24.379 Roger Scott: and took us right back down 91 00:14:24.660 --> 00:14:29.959 Roger Scott: this right here was confusing a lot of people. It confused me. I thought we were peaking out right here. 92 00:14:30.220 --> 00:14:36.619 Roger Scott: So so everybody, everybody I was. I was victim of it, too. I went short about 2 weeks early. 93 00:14:36.640 --> 00:14:51.869 Roger Scott: It it happens, it happens, but the bottom line is, we're now below the 50 day moving average. We're now going down there's absolutely no support till we get down here. And I would say, based on everything i'm seeing together the odds of seeing a more downside is very, very high 94 00:14:52.010 --> 00:14:58.970 Roger Scott: on that note. I want to give you guys some stocks that I think are going to go down, and then I'm going to share some cool stuff with you related to Crypto. 95 00:14:59.420 --> 00:15:01.029 Roger Scott: So this is a stock 96 00:15:01.530 --> 00:15:08.010 Roger Scott: that I believe, has some some more downside. When I first said it had more downside it was trading. 97 00:15:09.170 --> 00:15:16.930 Roger Scott: It was trading right over here. It now Rally, it came up, and I think it's going to go back down to the base. It's Tiger simple T. E. A. M. 98 00:15:16.950 --> 00:15:19.709 Roger Scott: I think the stock is going to go to the 1 15 Level. 99 00:15:20.630 --> 00:15:22.469 Roger Scott: Another stock is lift. 100 00:15:23.500 --> 00:15:26.969 Roger Scott: I think lift will will need a lift pretty soon. 101 00:15:27.230 --> 00:15:32.850 Roger Scott: I think the stock is going to come back down all the way to the $9 level break new lows. 102 00:15:34.420 --> 00:15:37.190 Roger Scott: The next stock is 103 00:15:39.570 --> 00:15:48.690 Roger Scott: financials, are, i'm, actually short. The financials right now, and I think financials are going to make new lows and come down to the 1 86 level from 2, 10, which is a pretty nice. 104 00:15:48.830 --> 00:15:50.450 Roger Scott: a pretty nice trait there. 105 00:15:50.840 --> 00:15:55.169 Roger Scott: Car Max. Cars are not going to be sold really well this year. 106 00:15:56.570 --> 00:16:01.169 Roger Scott: Excuse me next year. I think this is going to go down to $55 per share. 107 00:16:01.550 --> 00:16:06.109 Roger Scott: and last, but not least, it was to take her symbol of that one. There Kmx. 108 00:16:06.330 --> 00:16:18.119 Roger Scott: K. Mx. And I look silly with this hat, but I just looking at my son with his hat for the first, and then it's fun. Oh, here one, this one 109 00:16:18.960 --> 00:16:31.339 Roger Scott: I've been really shorting this one, and we just we we did. We had one more, but we just took profit. It was dish. We took like a 45, 55% profit on it today. Yesterday. Sorry. I think this one right here live nation, live nation entertainment 110 00:16:31.490 --> 00:16:40.799 Roger Scott: is going to go back down to the there is a clear, clear decline in consumer activity in the country. I hate to say that, but it just happens to be true. 111 00:16:40.910 --> 00:16:45.420 Roger Scott: Now let me open up this graph. I'm going to show you something pretty cool here. 112 00:16:48.820 --> 00:16:49.970 All right. 113 00:16:50.980 --> 00:16:51.980 Roger Scott: Here we go. 114 00:16:52.810 --> 00:16:56.079 Roger Scott: So you guys see this graph: this is an equity chart of Bitcoin. 115 00:16:56.730 --> 00:16:59.799 Roger Scott: If you start it. When does it start? Mat. See, here 116 00:17:00.180 --> 00:17:03.030 Roger Scott: starts with a $100,000. 117 00:17:03.640 --> 00:17:09.419 Roger Scott: It is 36 trades. I'm just i'm just grabbing. I'm just kind of getting 118 00:17:09.480 --> 00:17:11.340 Roger Scott: my head around it as well. 119 00:17:11.710 --> 00:17:13.680 Roger Scott: When does it start, Matt? What's the start? Date? 120 00:17:14.780 --> 00:17:18.280 Roger Scott: It's the last 3 years. Thank you. So this is 3 years trading Bitcoin. 121 00:17:18.680 --> 00:17:22.839 Roger Scott: I didn't show you guys do this in my algo class, but i'm showing it to you here. 122 00:17:22.869 --> 00:17:25.569 Roger Scott: and this is the equity curve. So we started with 123 00:17:26.359 --> 00:17:30.849 Roger Scott: 100 K. And this is how it's been doing, and it's starting to come up again. 124 00:17:31.140 --> 00:17:38.010 Roger Scott: and i'm sure that most of you would like, Roger. We really like the system. This is really cool. I mean. Look, look at the numbers here. 125 00:17:38.310 --> 00:17:40.569 Roger Scott: 75% accurate, right? 126 00:17:40.960 --> 00:17:44.910 Roger Scott: It holds about 6 bars. So about 6 days. 127 00:17:46.650 --> 00:17:48.499 Roger Scott: It has one loss in a row. 128 00:17:49.250 --> 00:17:50.180 Roger Scott: and 129 00:17:50.610 --> 00:17:56.259 Roger Scott: let's see what's the profit factor? 4.0 7. Now, who does not like that. 130 00:17:56.470 --> 00:18:03.020 Roger Scott: So how do you? Would you guys like me to give you the rules of the system? Because I think it'll continue working for the next 10 years. 131 00:18:03.370 --> 00:18:06.209 Roger Scott: Nice! What do you guys say? Let's hear it in the chat. 132 00:18:06.540 --> 00:18:08.390 Roger Scott: and you can use this in your own trading. 133 00:18:09.770 --> 00:18:19.150 Roger Scott: Do you want to what you say. Yeah, I'm going to share with them. It's. I could probably sell this for probably $10,000 if I wanted to today, but i'm going to give it to you guys. 134 00:18:19.200 --> 00:18:24.489 Roger Scott: It's very complicated. So you got to write this down. You You get in 135 00:18:25.050 --> 00:18:32.580 Roger Scott: the close, or towards the end of the day at the third to the last day of the month. 136 00:18:33.010 --> 00:18:36.660 Roger Scott: and you get out the third business day of the new month. 137 00:18:37.030 --> 00:18:37.850 Nice. 138 00:18:37.900 --> 00:18:38.690 Roger Scott: That's it! 139 00:18:41.270 --> 00:18:49.209 Roger Scott: That's another day you get. You get in third day, third day before the end of the month business day, and you get out. Third day after the beginning of the month. 140 00:18:49.830 --> 00:19:00.290 Roger Scott: And this this, by the way, since Bitcoin is correlated to about 97% of other cryptos, you could trade other major cryptos using it. There's basically a rhythm to Bitcoin and cryptos that 141 00:19:00.400 --> 00:19:05.260 Roger Scott: causes them to pull back at the end of the month and cause them to go up. It's like a last week's swing. 142 00:19:05.490 --> 00:19:13.919 Roger Scott: and we we we we found it, and because it only has 2 rules, anything, you know, My, you know my theory. Anything under 5 will continue working. 143 00:19:13.960 --> 00:19:15.180 Roger Scott: So. 144 00:19:15.430 --> 00:19:21.919 Roger Scott: So I believe this will continue working. Basically, you get in third day before the end of the month, their business day, and then you get out 145 00:19:21.970 --> 00:19:28.180 Roger Scott: day of the new month. And the third day that's it simple. I know you guys are waiting for complicated formulas there isn't one. 146 00:19:28.390 --> 00:19:29.890 Roger Scott: I'm not that smart. 147 00:19:30.320 --> 00:19:39.939 Roger Scott: No, this is Bitcoin. This is just any crypto. Last 3 years made 300% return 100% a year 75% accurate, 4.2, 8 profit factor. 148 00:19:39.960 --> 00:19:51.039 Roger Scott: That's great. Now, we're just gearing up on these systems. And this we're this is just something i'm giving you guys for free. Imagine the kind of stuff I'm gonna have 6 to 8 months from now when we put some time into it. 149 00:19:51.270 --> 00:19:56.830 Celeste Lindman: No getting very excited, so i'm very excited to be here, and i'm very excited to hear with Tony and Jeffrey 150 00:19:56.840 --> 00:20:24.299 Celeste Lindman: have to say so. That's it for me, Celeste Perfect. That's excellent. Let's keep it going, Jeffrey. You don't want to get back to that weekly video that you make for your subscribers subscribers. You know you talked about this for your cycle. You talked about this having and and you talked about how Bitcoin responded, or didn't respond to ftx a lot of great things in there. But I want you to unpack for us. You know. What are the things that we need to know today. Moving forward in this with all the crypto. 151 00:20:24.560 --> 00:20:34.339 JT: I just want to address one little thing that Roger, Roger, kind of touched on with his trade. There. There is a mining cycle that almost corresponds directly to that 152 00:20:35.480 --> 00:20:47.159 JT: right at the beginning of the month, when budgets are reset and everything miners go crazy and create a new spike, usually a new all time high in the the hash rate on Bitcoin particularly. 153 00:20:47.200 --> 00:21:05.619 JT: and then it after it spikes right the first month it pulls back the rest of the month, and that almost corresponds with what Roger found there. it's kind of like catching the low in the mining rate and then catching the the spike in the the mining rate. it's interesting. The the patterns that align and the the things you can do. 154 00:21:06.080 --> 00:21:09.649 JT: yeah. So let me share a chart and 155 00:21:09.710 --> 00:21:12.220 JT: go a little bit nerdy on 156 00:21:14.020 --> 00:21:14.950 JT: the 157 00:21:14.970 --> 00:21:16.980 JT: the cycle in 158 00:21:17.080 --> 00:21:25.279 JT: and crypto. Here, let me share an actual screen we love. It gets nerdy. That's good. 159 00:21:25.300 --> 00:21:28.920 JT: So right here we have Bitcoin capitalization. 160 00:21:29.260 --> 00:21:30.010 So 161 00:21:30.860 --> 00:21:36.549 JT: one of the things that Bitcoin offers us is a record of where every single Bitcoin is. 162 00:21:37.000 --> 00:21:38.739 JT: what address is holding it? 163 00:21:39.080 --> 00:21:43.740 JT: What price you know, and we can compare that to the price history, and see what price they paid. 164 00:21:43.930 --> 00:21:53.780 JT: and if they sell any, what price they sell for if they obtain more, what price they obtained more at, and that allows us to create a capitalization now that doesn't exist in the stock market. 165 00:21:54.030 --> 00:21:56.970 JT: Stocks are held in a clearing company. 166 00:21:57.070 --> 00:22:03.969 JT: and we have no idea who holds what shares, and you know it's all behind layers of hidden. 167 00:22:04.160 --> 00:22:05.730 JT: you know, Junk. 168 00:22:05.950 --> 00:22:20.239 JT: And that transparency is just not present in any other asset class. I mean, it's not present in Fourx. It's not present in the stock market. It's not present, and options like you, Don't, have this kind of clarity, but what we do have it in cryptos 169 00:22:20.390 --> 00:22:24.339 JT: and Bitcoin specifically is what I have up on the on the screen here. 170 00:22:24.510 --> 00:22:25.700 JT: And 171 00:22:26.120 --> 00:22:33.310 JT: we can find out the capitalization. What that means is what Pr: what's the average price that Bitcoin has transacted at? 172 00:22:33.560 --> 00:22:47.900 JT: Now I have this for the last 4 cycles, including the current cycle. We have the, you know, 2,112 cycle, where we pulled down off a high, and we saw a 24% reduction in that market capitalization of a Bitcoin. 173 00:22:48.170 --> 00:22:49.099 JT: and then 174 00:22:49.280 --> 00:22:56.089 JT: 2,01415. We saw a little bit lighter pull back. You know this was the early days 2,01112, 175 00:22:56.210 --> 00:23:07.030 JT: 1415. We were getting a little more adoption. pricing going through the you know, a whole cycle, and made a new high, and then we got about a 14% reduction off of that new high 176 00:23:07.120 --> 00:23:09.470 JT: in the average capitalization of Bitcoin. 177 00:23:10.040 --> 00:23:26.280 JT: Now, Roll forward into the 2,01819 cycle, where Bitcoin was quite a bit more popular in the the 4 figures. You know we were in the thousands of dollars for a Bitcoin now, and we saw about a 16 and a half percent reduction. That's the bottom left chart right here 178 00:23:26.470 --> 00:23:30.660 JT: off of the peak we saw about a 16 and a half percent 179 00:23:30.790 --> 00:23:38.339 JT: reduction in the capitalization. Now, this is not the price of Bitcoin. This is the price that people are holding the Bitcoin at the average price. The 180 00:23:39.090 --> 00:23:40.420 JT: Now, currently. 181 00:23:40.520 --> 00:23:51.330 JT: this is interesting. We have a 17% reduction in the market capitalization, very, very close to the 16 and a half that we saw in the last cycle. 182 00:23:52.460 --> 00:24:08.220 JT: So this to me tells me that we are very close to finding a bottom. And actually I got an alert yesterday that somebody's on chain analysis was seeing whale accounts start accumulating just yesterday for the first time in like 6 months. 183 00:24:08.450 --> 00:24:11.249 JT: you know, they had been either frozen or 184 00:24:11.270 --> 00:24:17.230 JT: selling a little bit off for the last 6 months, creating this down in the capitalization. 185 00:24:17.310 --> 00:24:25.730 JT: And now, for the first time yesterday, we got an alert that we're seeing some whale accounts which are accounts that hold hundreds or thousands of bitcoins 186 00:24:25.860 --> 00:24:33.100 JT: you know. Think about that. We're talking about a 1718, you know, 1,000 $618,000 thing, and they're holding thousands of these. 187 00:24:33.780 --> 00:24:37.030 JT: So that's a lot of money, and they're starting to accumulate more. 188 00:24:37.690 --> 00:24:43.679 JT: So this is potentially going to find a bottom and start rounding out and come back up again into the new cycle. 189 00:24:44.360 --> 00:24:48.700 JT: Now this happens about every 4 years, and it corresponds with the having cycle. 190 00:24:48.930 --> 00:24:55.569 JT: and that gets a little more technical. And we're going to have a special class that we're going to talk about here in a few minutes that 191 00:24:55.730 --> 00:25:00.169 JT: for people that choose to to go on and get more information about it. But you know 192 00:25:00.310 --> 00:25:03.979 JT: I was talking about the mining, and there's a cycle on the payout for mining. 193 00:25:04.500 --> 00:25:06.809 JT: and in in civil terms 194 00:25:07.070 --> 00:25:10.779 JT: the rate that you pay out gets cut in half at some 195 00:25:11.190 --> 00:25:13.760 JT: point, and we'll talk about that more later. 196 00:25:14.040 --> 00:25:18.299 JT: and that points estimated to be coming up. It's not a date. 197 00:25:18.360 --> 00:25:22.749 JT: It's based on the mining, and it's coming up in 2,024. 198 00:25:22.990 --> 00:25:27.709 JT: So we are in this this low, this low, where everybody is talking about how 199 00:25:27.840 --> 00:25:44.100 JT: Crappy crypto is right now I mean I can't count the headlines that say cryptos going to 0. I think Goldman Sachs came out last week and estimated the whole market capitalization of cryptos going to 100 billion, which would be one eighth of where it is right now it's like a 80% reduction. And 200 00:25:44.330 --> 00:25:50.110 JT: I just don't see that happening. I mean it's the history right here shows that we're. We're approaching 201 00:25:50.420 --> 00:26:01.969 JT: what's going to be the bottom of this cycle, and it's a psychological cycle, too. We see it in markets from the tulip craze in the you know the early days before you know 202 00:26:02.070 --> 00:26:10.529 JT: stock markets all the way to today where you get hype people get. You know that fear, the uncertainty, the doubt. 203 00:26:10.630 --> 00:26:21.370 JT: They go through optimism and euphoria, and then you know it resets, you know. We get these charts. They spike up, and then they come back down, and we go through the low. 204 00:26:21.450 --> 00:26:28.080 JT: and it happens over and over and over, and it's predictable, and we could trade it right, guys. 205 00:26:29.110 --> 00:26:40.500 Celeste Lindman: Well, you do. You do trade it? And because the other thing that you said in your your video that really, you know, I I listen to you, said how you 10 X. You're not your your account. 10 206 00:26:40.610 --> 00:26:41.830 Celeste Lindman: to next 207 00:26:41.960 --> 00:26:45.010 Celeste Lindman: trading some cryptos. So sometime we're going to have to hear about that. 208 00:26:45.350 --> 00:26:47.539 JT: Yeah. And yeah. 209 00:26:47.810 --> 00:26:53.230 JT: there's opportunities. And like, I said, you've got to understand what it is you're doing what 210 00:26:53.440 --> 00:26:54.860 JT: what the risks are. 211 00:26:55.120 --> 00:26:58.290 JT: what what things happening, I mean. There were. 212 00:26:59.010 --> 00:27:02.200 JT: you know, to to dive into the ftx thing a little bit more. 213 00:27:03.190 --> 00:27:06.190 JT: s Bf: and the guy that runs finance 214 00:27:06.410 --> 00:27:12.469 JT: got in a little bit of a a war with each other, and the binance guy kind of. 215 00:27:14.380 --> 00:27:27.100 JT: bought a lot of the ftx crypto, and then dumped it very, very quickly, and created a liquidity crisis. And this was going on in the background because he knew that that Alameda was treating Luna 216 00:27:27.470 --> 00:27:32.500 JT: and got caught holding a guilt large loss when Luna kind of done 217 00:27:32.630 --> 00:27:34.330 JT: unraveled as a fraud. 218 00:27:34.480 --> 00:27:39.830 JT: So there's a lot of these things that you have to keep up with. If you're going to jump into them, they're not all equal. 219 00:27:39.870 --> 00:27:41.900 JT: Bitcoin is 220 00:27:42.300 --> 00:27:46.949 JT: been the first one, and it keeps holding on like there for a very good reason. 221 00:27:47.250 --> 00:27:56.860 JT: And one of the things we were talking about with Tony, is that you know the crypto market. There's no centralized pricing there's no central exchange there's no central control. 222 00:27:56.970 --> 00:27:58.659 JT: All these 223 00:27:58.910 --> 00:28:02.810 JT: people like ftx and finance and coinbase and 224 00:28:02.920 --> 00:28:08.549 JT: all the other brokers out there that you hear of the exchanges, if you will. 225 00:28:08.830 --> 00:28:15.680 JT: they all buy cryptos, and then hold them and trade them with the people with their clients. 226 00:28:16.350 --> 00:28:18.690 JT: and it's just kind of like a a little island. 227 00:28:18.790 --> 00:28:19.839 JT: if you will. 228 00:28:20.410 --> 00:28:21.490 Celeste Lindman: And 229 00:28:22.130 --> 00:28:26.879 JT: so, then you have this ocean that's out here, connecting the islands, where 230 00:28:26.960 --> 00:28:29.739 JT: all all of the Bitcoin exists everywhere. 231 00:28:30.310 --> 00:28:34.160 JT: But it's in these little island containers, and that's where people like 232 00:28:34.920 --> 00:28:44.240 JT: Spf are able to take advantage, and it was really just good old-fashioned money, laundering and fraud, and you know, embezzlement and buying. 233 00:28:44.510 --> 00:28:54.339 JT: Everybody is family houses. And then you know the family of all the top employees houses. I mean that's just embezzlement right? I mean. You can't do that with company money. 234 00:28:54.660 --> 00:29:24.430 Celeste Lindman: So well, let's let's dive into this, and that was excellent an analysis and and views that you just showed us there. Jeffrey, thank you for that, and let's, you know. Let's talk a little bit about this, because control is something that that a lot of people listening, you know. It's like in myself. I think it was Well, you know who's controlling all this? Where are the guidelines? Where is the governance? Even though we don't want the governance? But we do want the governance, and this is a really key thing, because when I was when we were talking on the phone the other day Tony and Jeffrey and some others of us. 235 00:29:24.440 --> 00:29:53.550 Celeste Lindman: you know that's where just really learning from Tony how there is some control, and it's it's in this this separation of functions that you're going to hear about, and you all know that i'm a Cpa. So i'm all about auditing and and separating functions. So when I was learning this, and hearing this, it really made me Think how this is. This is that the as Tony said the gray-haired version, the the the version of wisdom taking us through this crypto universe. That's not going away. So, Tony, Welcome back. We're so glad you're here. 236 00:29:53.600 --> 00:30:06.509 Celeste Lindman: you know. But you know, and I looked over your website. It's fantastic that the the professionals that you have around you are just phenomenal. That. Why are you doing this? Why, why crypto platform? Why, Why, now, what makes you different? 237 00:30:07.280 --> 00:30:11.100 Tony Saliba: Well, the why for me, I mean I 238 00:30:11.480 --> 00:30:19.730 Tony Saliba: when we we've been doing this almost 3 years right? And When we first started doing it, I launched the broker dealer matrix. 239 00:30:19.750 --> 00:30:23.510 Tony Saliba: We we develop technology for institutions. 240 00:30:23.660 --> 00:30:25.410 Tony Saliba: And 241 00:30:25.590 --> 00:30:30.480 Tony Saliba: my effort with you all is to bring that to individuals. 242 00:30:30.570 --> 00:30:33.740 Tony Saliba: and I think the big hurdle was the 243 00:30:33.800 --> 00:30:49.850 Tony Saliba: moving of minimum size accounts which a lot of people didn't want to try a new platform and move $25,000 over whatever. So our our solution with launch pub, which is a 244 00:30:49.860 --> 00:31:06.869 Tony Saliba: sister company of Dti. there's no minimums you do. You don't even need to start with a dollar. But why now, and why did we do this? I moved over, so I launched Mercury At the same time I did a matrix, and we use 245 00:31:07.030 --> 00:31:20.700 Tony Saliba: The same institutional state of the art technology that we deliver to our banks and trading firms. And what we did was when we started. Celeste. 246 00:31:20.870 --> 00:31:38.450 Tony Saliba: 5 years ago. We didn't look at Coinbase and these others as as exchanges. They were trading venues, and as Jeffrey was saying, and you followed on. They're monolithic. They're like single stack verticals of functions. 247 00:31:38.760 --> 00:31:40.670 Tony Saliba: in the 248 00:31:40.730 --> 00:31:47.410 Tony Saliba: listed world with stocks and options and even futures. All these functions are separated 249 00:31:47.490 --> 00:32:05.390 Tony Saliba: the exchange matches, trades liquidity providers, our specials or market makers. You have a prime broker or a discount broker, and you have a bank. You have a clearing entity, like occ for options and deep 250 00:32:05.400 --> 00:32:07.600 Tony Saliba: Dtcc. For stocks. 251 00:32:07.760 --> 00:32:09.440 Tony Saliba: And, as you said. 252 00:32:09.560 --> 00:32:13.330 Tony Saliba: these functions are easily audited. 253 00:32:13.480 --> 00:32:14.750 Tony Saliba: and you have 254 00:32:14.850 --> 00:32:16.400 Tony Saliba: different 255 00:32:16.760 --> 00:32:21.100 Tony Saliba: parts in the food chain of execution. That 256 00:32:21.260 --> 00:32:25.940 Tony Saliba: They're all my opinion. They're over regulated in the listed side. But in the 257 00:32:26.010 --> 00:32:28.960 Tony Saliba: crypto side. There was no regulation 258 00:32:29.080 --> 00:32:39.899 Tony Saliba: coinbase changed that to some degree where you know they went public, and they started to separate and get some of their functions. 259 00:32:39.920 --> 00:32:44.100 Tony Saliba: certified, if you will finance. 260 00:32:44.130 --> 00:32:52.180 Tony Saliba: it does that also. And Gemini, which was the first Us. Exchange, set out to do this 261 00:32:52.490 --> 00:32:56.349 Tony Saliba: from a regulatory, compliant 262 00:32:56.370 --> 00:32:58.370 Tony Saliba: point of view. 263 00:32:58.410 --> 00:33:06.259 Tony Saliba: where, if you go to Gemini's website, they have a a page that shows their transparency. There's no leverage 264 00:33:06.320 --> 00:33:25.159 Tony Saliba: with Gemini. For instance, we were talking about ftx and everything that Roger and and Jeffrey said happened, and Spot on. But Big Factor was leverage. They were using their own token and lending it to their hedge fund. And 265 00:33:25.220 --> 00:33:26.560 Tony Saliba: that 266 00:33:26.680 --> 00:33:36.210 Tony Saliba: bit of a shell game that leverage that came in became, you know, started to form a house of cards where 267 00:33:36.960 --> 00:33:38.769 Tony Saliba: an an exchange like 268 00:33:38.790 --> 00:33:42.169 Tony Saliba: Gem and I, They don't do lending. They 269 00:33:42.280 --> 00:33:56.749 Tony Saliba: outsource that. Okay? And then you can make a decision whether you want to do it or not as a customer. But you're not exposed to that leverage at Gemini, for instance. But if you go to this, their transparency page, you can see 270 00:33:57.210 --> 00:33:59.500 Tony Saliba: we call money 271 00:33:59.530 --> 00:34:06.579 Tony Saliba: fiat, because whether they're euros or dollars, or yet they're created by a government 272 00:34:06.690 --> 00:34:10.220 Tony Saliba: it's created by fiat, and what 273 00:34:10.360 --> 00:34:17.679 Tony Saliba: underpins it is. Trust. Okay? Whereas with Bitcoin, aetherium and some of the other majors. 274 00:34:17.699 --> 00:34:36.170 Tony Saliba: there's a finite amount. So you don't need to trust that the Government isn't going to print more, and the value the value of the asset you're holding. And also, as Jeffrey said, You have an accounting function, so you can see. Go all the way back to the initial 275 00:34:36.179 --> 00:34:45.139 Tony Saliba: transaction or sale of that piece of the asset that you own and see who's touched it. And when 276 00:34:45.179 --> 00:34:53.369 Tony Saliba: and another E. It interesting component is that we go out 8 decimals. So, even though a full coin is 277 00:34:53.400 --> 00:35:01.579 Tony Saliba: $1718,000 today, you can, you know, buy a dollars by by going out far enough if you wish. 278 00:35:01.790 --> 00:35:09.259 Tony Saliba: So When we started. We didn't look at these venues as exchanges, because they were not separating 279 00:35:09.280 --> 00:35:10.680 Tony Saliba: these functions. 280 00:35:10.880 --> 00:35:14.690 Tony Saliba: and Mercury liquid mercury. Our company 281 00:35:14.800 --> 00:35:18.609 Tony Saliba: doesn't touch the fiat doesn't hold any money. 282 00:35:18.660 --> 00:35:22.870 Tony Saliba: We delivered technology. So we partnered with Gemini 283 00:35:23.280 --> 00:35:27.259 Tony Saliba: to create a solution that then 284 00:35:27.670 --> 00:35:33.520 Tony Saliba: made it available to firms like launch pub to 285 00:35:33.930 --> 00:35:36.410 Tony Saliba: bring this to their audience. 286 00:35:36.530 --> 00:35:37.800 Tony Saliba: in a 287 00:35:37.920 --> 00:35:39.740 Tony Saliba: very 288 00:35:39.770 --> 00:35:44.170 Tony Saliba: institutional level of high-speed execution. 289 00:35:44.260 --> 00:35:47.649 Tony Saliba: all of the 290 00:35:48.080 --> 00:35:52.849 Tony Saliba: training and execution components 291 00:35:53.370 --> 00:35:59.890 Tony Saliba: multiple market makers that deliver the best prices. 292 00:35:59.950 --> 00:36:01.339 Tony Saliba: No commission. 293 00:36:01.630 --> 00:36:05.169 Tony Saliba: And, as I said, no minimum account. 294 00:36:05.210 --> 00:36:13.070 Tony Saliba: So Morgan and the team and I teamed up. If if you go to trading at Launch Pub. 295 00:36:13.220 --> 00:36:15.840 Tony Saliba: you can see the website there 296 00:36:15.930 --> 00:36:17.790 Tony Saliba: and get information. 297 00:36:18.020 --> 00:36:27.659 Tony Saliba: But this is a way to democratize this process you don't have to go to a coin base where 298 00:36:27.870 --> 00:36:37.200 Tony Saliba: they are using all of these functions under one umbrella, and then they're charging you anywhere from a half a percent to 1% 299 00:36:37.270 --> 00:36:39.299 Tony Saliba: or more of your trade 300 00:36:39.320 --> 00:36:45.640 Tony Saliba: and get it commission free. So we we wanted to take what we've built. 301 00:36:45.960 --> 00:36:50.730 Tony Saliba: We do this for institutions and and team up with 302 00:36:50.800 --> 00:36:55.050 Tony Saliba: Morgan and the guys and gales to deliver this to you. All 303 00:36:55.810 --> 00:37:13.949 Celeste Lindman: this is fantastic. It's it's very intriguing, and some of the things you said. I just want to clarify. So really you can. You can open an account for a dollar, and and your dollar is going to be a dollar is going to be a dollar as long as what you are. Trading is still a dollar. There's no commission. 304 00:37:14.200 --> 00:37:16.230 Celeste Lindman: There's no fees there's no minimum. 305 00:37:16.930 --> 00:37:41.050 Tony Saliba: and you can even get some expensive coins. But you can. You can get fractions of those if you you know. Do it properly right right out to 8 8 decimal places. Now, thing is somebody in the chat mentioned, you know. Have a have your own hardware wallet or cold storage. And you can do that, too, because Jim and I will let you transfer out every day, so you can use this system 306 00:37:41.060 --> 00:37:42.319 Tony Saliba: to transact. 307 00:37:42.500 --> 00:37:54.539 Tony Saliba: and if you want to take some or all out and put it in your own wallet, if you're that advanced and have that, You can do that, too, but you can also see on their website the balance of 308 00:37:54.560 --> 00:38:09.059 Tony Saliba: dollars versus bitcoin, or theorem, or other coins that are the other pairs that are trading, that they have that all in very plain sight. No, they don't 309 00:38:09.250 --> 00:38:18.930 Tony Saliba: Take your assets and lend them out, or or or leverage their balance sheet at all. So 310 00:38:19.170 --> 00:38:20.100 Tony Saliba: you know 311 00:38:20.510 --> 00:38:25.100 Tony Saliba: these strategies that Jeffrey and and Roger were talking about 312 00:38:25.220 --> 00:38:42.600 Tony Saliba: do work. There's a. There's a couple of other ones based on these timings. Our clients are minors and institutions, so we see them when they basically want to turn in their tokens for dollars or euros. it is it is. There is a timing 313 00:38:42.610 --> 00:38:50.900 Tony Saliba: factor on that, and Rogers I think you know we'll work continues to work, and you can try it with, You know. 314 00:38:51.510 --> 00:39:02.089 Tony Saliba: $100, $500, and see how it goes for a while, but it it's one of a number of different strategies. But but I think a lot of people are 315 00:39:02.440 --> 00:39:06.659 Tony Saliba: putting them in their portfolio as a buy and hold 316 00:39:06.870 --> 00:39:13.990 Tony Saliba: even if it's only like 5% of your assets as a offset to printing dollars, for instance. 317 00:39:14.740 --> 00:39:20.439 Celeste Lindman: So there's a lot of transparency that sounds like with with what you're presenting to us 318 00:39:20.450 --> 00:39:47.009 Celeste Lindman: and and you'll see on the screen there, too. Yeah, we're we're pairing up Jeffrey turn Meyer and Tony Soleib and I know everyone is just dying for that link, and I want to give it to you. But I want to tell you to a little bit more about this, how you're going to be able to get a lot of value. When you go to a particular link you can go to the website there with the all about liquid mercury, and you should, and you could go learn everything about liquid mercury. But you're going to want to follow this link. If you're going to want to get in 319 00:39:47.020 --> 00:40:16.999 Celeste Lindman: on a class that Jeffrey is going to do. So i'm really excited about this, and you guys can just jump in. What you're gonna do is you're gonna go. And if if you want to go ahead and tap, dump in that, that the the site there it's the trading launch pub, I/O, and open account there. So Adam has put in the chat that's what you've been asking for. I recommend that everybody go. Do this, you go do it. It only caught. You can. Only you can put in a dollar. But if you put in a $100 you don't have to spend it. You don't have to trade it. It's going to stay there. It's a $100 is good 320 00:40:17.010 --> 00:40:20.189 Celeste Lindman: to be. $100 is going to be $100 until you do something with it. 321 00:40:20.200 --> 00:40:48.720 Celeste Lindman: but what that does is that gives you the opportunity to get in and get in with a bonus class with Jeffrey turn Meyer, and that, you know, get some professional insight from some other people as well on how to. You know, go about trading this, this crypto in this universe. So that step one is. You go right there to that website again. It's in the chat. It's the trading dot launch pub, I/O and deposit $100. I mean 322 00:40:48.730 --> 00:41:18.669 Celeste Lindman: It's not good again. It's not going to cost you anything, because that's your $100. You can trade with it. And you just heard Tony explain how that's going to work a little bit, and then once you get that account opened, and you can do it right now. Make sure you do it today. Once you get that account open, then you're going to look in your email box, and that's going to have all the instructions for you how to attend a bonus class. It's going to be on Monday. Okay, today is Friday. Next is Monday, Monday at 1030 am. Eastern time, and it's going to be recorded because 323 00:41:18.680 --> 00:41:47.010 Celeste Lindman: I know you're going to want to go back and listen to it again and again, and I'm going to want to go. Listen to it again and again. but it'll be recorded. It'll be available to you once you get that account open, so make sure you do that. A great way to start off the New Year. you know markets have been crazy, and looks like for some things that that Jeffrey has pointed out to us, and some things that I've seen him point out to me on this cryptocurrency, this this looks like some pretty good timing. 324 00:41:47.020 --> 00:42:04.689 Celeste Lindman: You'll learn all you're going to learn all these kind of things. So you're going to learn Number 1.0 one is you're going to learn what in the heck is this having thing? And why does it matter? Okay, Jeffrey is going to bring it down to you in very understandable analysis. I know I've just seen some of it. 325 00:42:04.700 --> 00:42:34.690 Celeste Lindman: that again. That's gonna be on Monday. December nineteenth, at 1030, Eastern time you're going to get the next 1 0, 2 points, and that's going to be getting the previous having analysis and the upcoming predictions. You're going to get Point 0 3 Bitcoin versus other coin price flows. You're going to get these number 4, 3 big opportunities that Jeffrey is watching. I mean, it's going to be just an an amazing event to attend, and I think you all want to be there and listen to that recording over and over. 326 00:42:34.700 --> 00:42:36.149 It's going to be the first 327 00:42:36.160 --> 00:43:06.049 Celeste Lindman: of several classes and training that as part of this launch pub platform on cryptocurrency. Okay, this is a big announcement big announcement, and so just make sure you go get your account open so you can get in first hand on Monday and get the information right now timing is perfect, you know a lot of people are leaving. They're not trading in the markets. The markets are a little ill liquid. That's very very common this time. In December they go. They go on vacation, you know what? Why, don't you take some time and really get this crypto. 328 00:43:06.060 --> 00:43:35.760 Celeste Lindman: So under your belt by going to that website and signing up Adam has posted again in the chat. Just go there, Sign up $100. You can learn how to trade with it. If you get signed up and you decide. Hey, you know what this is not for me. I don't want to do that. Do this. Then take your $100 out. Close the account. You can do that. It's it's up to you. It's up to you what you want to do with this, but I think it's it's just one of the fantastic opportunities of our lifetime, and I think you have some really 329 00:43:35.770 --> 00:44:00.120 Celeste Lindman: intelligent and very nice people to help guide you through this, and that's what you need. I piggyback on what Jeffrey said at the very beginning, you can learn this. You can do it yourself. Yep, you can do it. You can buy a book and read about it, or you can follow some proven professionals and let it let them teach you and guide you and piggyback on their trades, and that's what I highly recommend, somebody that you can trust. 330 00:44:00.130 --> 00:44:19.680 Roger Scott: and I trust these guys. So i'm glad that you all are here today. What else? I I have a I I had a question actually for Tony Tony, as you know, the Cfdc. Started regulating cryptos recently. Do you think that's going to increase Investor Trust and stabilize things a little more, and ultimately be a good thing for for for the cryptos. Yeah. So 331 00:44:21.180 --> 00:44:33.549 Tony Saliba: the way crypto's been regulated over the last 5 years, because about 5 and 2,017, the Scc. Decided that Bitcoin was not 332 00:44:33.650 --> 00:44:36.529 Tony Saliba: a security. 333 00:44:36.610 --> 00:44:45.859 Tony Saliba: and it was given the same kind of designation as a currency where you know you can trade 334 00:44:46.150 --> 00:44:50.100 Tony Saliba: dollars versus euros on on fx platforms. 335 00:44:50.180 --> 00:45:07.089 Tony Saliba: but over the last 5 years the Scc. Has been regulating cryptocurrencies by enforcement, so companies that are trying to. Not not everybody's trying to be a good actor, Obviously Ft. X. Showed that. But 336 00:45:07.250 --> 00:45:26.100 Tony Saliba: companies are trying to be good actors, but then step over some imaginary line. that. the Sec. goes after and finds is not a way to regulate an industry. So, having the cftc start to regulate the future side right. 337 00:45:26.110 --> 00:45:29.300 Tony Saliba: and there's been a number of proposals 338 00:45:29.380 --> 00:45:47.199 Tony Saliba: out of the swap to regulate, based on Finn or Acc. Which is the office of the Controller of the currency are starting to come together in some level of some aspect of confluence, where 339 00:45:47.410 --> 00:46:06.249 Tony Saliba: the playing field will be striped properly, even if it's not telescope down to the degree that stocks and options are regulated. This will be a a boon to us because we we want some guidance. We want to avoid 340 00:46:06.260 --> 00:46:24.470 Tony Saliba: what happened with Ftx. I mean what happened with voyager and 3 arrows. you know, was was different. They were over leveraged, and as Jeffrey said, the whole terror. Luna situation. there was kind of a chink in there, 341 00:46:24.480 --> 00:46:29.650 Tony Saliba: formula where some of the bigger players were able to 342 00:46:31.020 --> 00:46:42.739 Tony Saliba: push the price of the currency down and broke the one to one relationship, and Leverage played a role in there, and 3 h was to leverage, and there was a ripple effect. 343 00:46:42.790 --> 00:46:45.079 Tony Saliba: But it's the fraud we want to eliminate 344 00:46:45.330 --> 00:46:53.790 Tony Saliba: also. While i'm answering your question, I'll answer one of the viewers asked, Why do we need to put our social security number in 345 00:46:53.940 --> 00:47:00.539 Tony Saliba: There's 3 things the Sec. Wants to safeguard against for sure, are 3 things that they're interested in 346 00:47:00.630 --> 00:47:18.990 Tony Saliba: one. They want to safeguard against a dirty money. So whether it's Al Qaeda money or human trafficking money, or elicit arms trading money. They they want to eliminate. 347 00:47:19.000 --> 00:47:30.019 Tony Saliba: not that, you know. Fiat currency hasn't been the form of getting all that over the last couple of centuries, but they want to make sure that crypto isn't 348 00:47:30.030 --> 00:47:40.779 Tony Saliba: mit ctl, and adding to terrorism and human trafficking so the aml anti-money, laundering kyc know your customer aspect of opening the count 349 00:47:40.880 --> 00:47:58.910 Tony Saliba: means that you, as an individual, need to say, hey, i'm not using blood, money or gun money to start to move it within the currency. So that's the first thing. Second thing. They want to protect individuals from 350 00:47:58.920 --> 00:48:11.370 Tony Saliba: hucksters and fraudsters in terms of communication advertising marketing, which they obviously did not regulate with 351 00:48:11.380 --> 00:48:27.669 Tony Saliba: Ftx, because Ftx is a Mohamed company, although they had a us arm. But most of this money, if you read if you guys are reading about this? And following this, a lot of money came from us taxpayers by way of 352 00:48:27.680 --> 00:48:42.800 Tony Saliba: Solinsky and Ukraine, because they put hundreds of millions from Ukraine into ftx to, you know, supposedly diversify their funds. And the Us. Government. 353 00:48:42.890 --> 00:48:46.850 Tony Saliba: you know, totally has blood on their hands. We're missing that. But 354 00:48:47.290 --> 00:49:05.209 Tony Saliba: clean money not defrauding the individuals. And the third thing they're interested in is being able to tax us. So, unfortunately, as Americans. They're saying, we need to say who we are when we open these safer accounts. Now you can go to Defi. 355 00:49:05.510 --> 00:49:08.850 Tony Saliba: and by tokens on defi 356 00:49:08.870 --> 00:49:25.249 Tony Saliba: which doesn't require. You do, Aml: Kyc: okay, you need to be a little bit more wary of that, because the prices could fluctuate. But that's another way to get access to these tokens. but the pricing may not be the best 357 00:49:25.260 --> 00:49:31.250 Tony Saliba: that we're offering here with this launch pop solution. So 358 00:49:31.570 --> 00:49:41.270 Tony Saliba: Yeah. Cftc Governance will help, I think Scc. Will probably hand off to Fin Center or CC. And their section and 359 00:49:41.290 --> 00:49:51.169 Tony Saliba: I think 2,023 will see a little bit more training wheels, or you know, brighter lines for us to operate with it. 360 00:49:51.300 --> 00:50:19.419 Celeste Lindman: Great? Yeah. And I see some people are having a hard time. maybe they're they're going to that site, and they're They're not able to get through that whole process. If you are having trouble. Go ahead and type your email address into the chat. We are the only ones. The panelists are the only ones that will see that we'll make sure that your email gets into the right hands, and that you get contacted so that you can get this account open if you're having problems with it. But there's some other questions here. They want to know. Can they? Can you open account with an Ira Roth Ira? 361 00:50:22.110 --> 00:50:25.379 Tony Saliba: That's good question. I think so. But 362 00:50:25.580 --> 00:50:29.290 Tony Saliba: also put your name in there. What one of the aspects of this 363 00:50:30.060 --> 00:50:32.119 Tony Saliba: plan and this program 364 00:50:32.300 --> 00:50:33.279 Tony Saliba: is that 365 00:50:33.390 --> 00:50:37.230 Tony Saliba: Morgan and I want to communicate 366 00:50:37.270 --> 00:50:39.830 Tony Saliba: as much as possible with 367 00:50:39.920 --> 00:50:57.849 Tony Saliba: the audiences just getting started in this. So we've you know we're gonna have. We have a chat in our technology? we've got multiple layers of support, you know. They have some questions. You know how to get started. I don't open an account, and these 368 00:50:57.910 --> 00:51:15.290 Tony Saliba: you know. I'm not a R. I. A, or an investment advisor at all. But I know that's important to people and we we can answer that question for you, so let us know that. My guess is yes, because this is not a a security. 369 00:51:15.420 --> 00:51:20.690 Tony Saliba: And I think that you're able to transact with 370 00:51:20.880 --> 00:51:25.030 Tony Saliba: ira money, but we'll get that run to ground 371 00:51:25.070 --> 00:51:49.140 Celeste Lindman: and answer that for you guys. Excellent great who is Morgan? Morgan is my boss, will it be recorded? Yes, this is all recorded. You can get it on the website Atp traders.com everything that has been said. So yeah, keep type it in your email addresses, Like, I said, we're the only ones that can see it. Don't be afraid to do it. Just do it because you want to get in on this opportunity? want to know another question, Tony? Can they transfer a coin base account over to launch? 372 00:51:49.150 --> 00:52:05.050 Tony Saliba: Yes, yes, absolutely so this is a partnership with us, and Gemini and Gemini ranks in the Top 10 exchanges on almost any survey you looked at, and that's not because of volume. They're not a top 10 volume 373 00:52:05.120 --> 00:52:06.710 Tony Saliba: I exchange. 374 00:52:06.780 --> 00:52:25.680 Tony Saliba: but they they gain that rankings less because of their compliance to regulatory guidelines rules. They, the Wikileaks brothers launched this to be ready when the Sec. Allows us to trade 375 00:52:25.690 --> 00:52:35.919 Tony Saliba: crypto spot and and derivatives in the Us. So I think they have an ach capability 376 00:52:35.970 --> 00:52:42.400 Tony Saliba: to be able to move a coinbase account over when you check that out. But 377 00:52:42.420 --> 00:52:46.740 Tony Saliba: you guys are the first. So you know we've been testing this for months. 378 00:52:46.860 --> 00:52:54.829 Tony Saliba: not only are you guys the first to get this, but also once you get in we have a chat, and we're interested to hear what 379 00:52:55.090 --> 00:52:58.299 Tony Saliba: you're most interested to have in the solution. 380 00:52:58.320 --> 00:53:00.810 Tony Saliba: Unlike the broker 381 00:53:00.860 --> 00:53:15.979 Tony Saliba: dealer solution, which is highly regulated by not only the Sec. But by Finra. It was hard for us to do some of the little creature comforts that people wanted in this case. 382 00:53:16.070 --> 00:53:33.160 Tony Saliba: Very soon, probably in January you will be able to see real time. Equity quotes in your crypto trading platform, because we know you guys care about that that's that's where we all come from, from a equity and options background. So we're going to be able to allow you to. 383 00:53:33.270 --> 00:53:45.350 Tony Saliba: If you're dabbling in in crypto. Still keep an eye on your equity portfolio. Eventually you'll be able to trade out of this, but that's that's not on the drawing board for the first quarter. 384 00:53:45.510 --> 00:54:04.470 Tony Saliba: Also, we have tools coming in so that you can look at your stock portfolio with a crypto. pair. Okay, we're starting out with about 20 pairs to begin with. And that's another thing we're curious. What pairs are those of you who have been trading 385 00:54:04.480 --> 00:54:11.639 Tony Saliba: interested in, because we'll go to our market makers and say, spin up making a market in these pairs. Okay. 386 00:54:11.660 --> 00:54:14.659 Tony Saliba: So we want to be very interactive with this group. 387 00:54:16.170 --> 00:54:23.799 Tony Saliba: because we always have fun with it, and you guys are cutting edge in a lot of respect. So we have a chat in 388 00:54:23.890 --> 00:54:25.549 Tony Saliba: in the launch pub 389 00:54:25.600 --> 00:54:33.039 Tony Saliba: front end that you can communicate with both groups. The the launch pub group, and the Mercury 390 00:54:34.110 --> 00:54:57.190 Celeste Lindman: lot of great things come in everybody's way, and a lot of tools. So and I I see everybody typing in a lot of people are typing in their email addresses. Thanks for doing that. You're typing in some personal questions that you want to get answered. We see that we're taking record of it. We're going to get it into the right hands. So this is. This is all great. There's and somebody said, hey, you know there's so much information we need. We really need to have a follow up. Yeah, that is really good. We do, we? We will have a follow up on that. 391 00:54:57.300 --> 00:55:03.970 Tony Saliba: Sorry I I saw one question fly by here about Gemini and Genesis. So Genesis is a 392 00:55:04.100 --> 00:55:19.619 Tony Saliba: sovereign third party company that partnered with Gemini, so Gemini could offer their Genesis solution to gemini's customers. So if you're just trading on Gemini, and you don't care about taking your tokens 393 00:55:19.630 --> 00:55:45.850 Tony Saliba: and lending them out, you would net you. You would not be affected by Genesis Genesis, which is a company we we don't know much about did get stuck with leverage, and you know I I don't think they're going out of business, but I know they're halting distributions while this gets sorted out. But anybody who is looking at the returns they were offering. They were a double digit percentage 394 00:55:45.870 --> 00:55:47.779 Tony Saliba: returns for 395 00:55:47.860 --> 00:55:49.359 Tony Saliba: giving your 396 00:55:49.830 --> 00:56:01.299 Tony Saliba: Bitcoin to them to land out to somebody who is desperate to short it. Okay. And the 2 companies are unrelated except for this affiliation that they 397 00:56:01.680 --> 00:56:17.870 Tony Saliba: made it available to their customers. So Gemini is not affected by it. New customers, or those customers that avoided lending their tokens are not affected. If you let if you lent them out through Genesis, then you have a separate relationship with Genesis 398 00:56:18.400 --> 00:56:36.110 Celeste Lindman: great question about oh, is there going to be a telegram or discord? Jeffrey is already on discord. Discourse. Fabulous! so i'm sure he'll be getting you on there as well. And one of the thing, too. this wasn't a question. But talking about, you know. Oh, can you transfer from Bitcoin? Well, there's there's Tony. You were telling me about some big bank 399 00:56:36.120 --> 00:56:54.709 Tony Saliba: getting 1.5 million of their assets transferred to to Coin Base, maybe the other way. What's going on? One of our local Chicago banks is so the banks in general are a little bit reticent to get involved, because 400 00:56:54.720 --> 00:56:58.229 Tony Saliba: banks move slowly. Banks want more protection 401 00:56:58.800 --> 00:57:00.499 Tony Saliba: can't blame banks, but 402 00:57:00.780 --> 00:57:04.690 Tony Saliba: intermediaries like State Street 403 00:57:04.780 --> 00:57:07.799 Tony Saliba: and Black Rock. 404 00:57:08.570 --> 00:57:12.019 Tony Saliba: but also Northern Trust Bank of New York. 405 00:57:12.160 --> 00:57:17.260 Tony Saliba: Our infidelity have their own custody Solutions? 406 00:57:17.340 --> 00:57:20.069 Tony Saliba: Why? Because their customers 407 00:57:20.220 --> 00:57:22.349 Tony Saliba: have been voting with their feet. 408 00:57:22.420 --> 00:57:33.849 Tony Saliba: and I don't care whether it's precious metals or precious art or baseball cards, or you know some form of alternative to dollars. 409 00:57:34.160 --> 00:57:53.350 Tony Saliba: People look for diversification, and this, you know, and i'm not advocating this. But I know of money managers that are saying, okay, we need to start allocating one of our assets to various cryptocurrencies. This bank that Celeste mentions 410 00:57:53.360 --> 00:57:56.590 Tony Saliba: that we were talking about the other day in Chicago. 411 00:57:56.680 --> 00:57:59.780 Tony Saliba: They came to us because they said we 412 00:57:59.940 --> 00:58:01.589 Tony Saliba: all their branches 413 00:58:01.920 --> 00:58:14.620 Tony Saliba: aggregated. They're losing, on average, a 1 million and a half dollars every day leaving an assets so open coinbase accounts. Okay, so their customers 414 00:58:14.730 --> 00:58:16.600 Tony Saliba: are saying, All right. 415 00:58:16.620 --> 00:58:29.609 Tony Saliba: you know they're they're large banks. So they have, you know. But this is a half a 1 billion dollars year of assets that they want to spend STEM the tide on leaving. And actually, we believe that they'll gather assets 416 00:58:29.640 --> 00:58:43.269 Tony Saliba: by offering this solution to their their customers. So you know the prices are lower than they were a year ago, and in a lot of these active tokens. A lot of old coins 417 00:58:43.310 --> 00:58:49.900 Tony Saliba: are buried at 0 because they didn't have a good idea, or they didn't have a good 418 00:58:50.270 --> 00:58:59.459 Tony Saliba: solution, or a company that was managed right. Or maybe they didn't even have a product. And it was vaporware. Okay, but the 419 00:58:59.480 --> 00:59:02.109 Tony Saliba: the main drivers of 420 00:59:02.150 --> 00:59:13.549 Tony Saliba: the market cap today which are Bitcoin, atherium salon, and a few others that have actual technology. That, 421 00:59:13.870 --> 00:59:19.239 Tony Saliba: you know, has other uses other than just investing in their tokens 422 00:59:19.300 --> 00:59:22.000 Tony Saliba: will thrive. And since there's scarcity. 423 00:59:22.630 --> 00:59:36.930 Tony Saliba: and a lot of people are saying, Well, you know i'm never going to sell these banks are seeing that their customers are saying. All right, I'll put 1% or 2 of my assets in this asset class 424 00:59:37.430 --> 01:00:07.419 Celeste Lindman: great well, and so there's a lot of questions still, and we're gonna have it. We will have a follow up session. But as some of the questions you know about different accounts that you all have. That's great that you have these different accounts. The the key. What I want you to understand is that if you want to get in on this class with Jeffrey and get in on this platform with Tony Saliba, and you know you've all been around long enough that you know the valued partnership with Tony Saliva. Then this is going to be. This is the time to do it. So go to that link, and if you're having trouble with that link getting signed up and put 425 01:00:07.430 --> 01:00:36.809 Celeste Lindman: your email there. This chat will stay open for a little while. Get it in there, but just make sure you get involved. Class is going to be on Wednesday. You have to deposit that $100 that $100 is yours to do whatever you want to do with that. You want to get that master class with with Jeff Returnmire. I'm telling you you, do you absolutely do? It's very, very valuable. So. we will come back. We'll answer another lot of questions, and next time we all get together. But for now do yourself a favor. Give yourself a Christmas gift. 426 01:00:36.890 --> 01:00:48.159 Celeste Lindman: Put a $100 down. Put your email address in. I know some typed in, you know, like you know, if you don't have a social security number other ways. We see you. We see your emails. We're going to get you to the right people. We're going to get you the information. 427 01:00:48.170 --> 01:01:18.159 Celeste Lindman: So thanks everyone for being with us. We're going to go over to ask the pros premium, and if there is a chance to to put that link in there as well. You still have a chance to get in there. Ask the pros premium that's going to start in 5 min. Yes, that's Jeffrey Turn Meyer is going to be on there flexing his muscles, too. We're in that, You You think you're going to get some good stuff there and ask the pros premium, You betcha, you bet you you are the farmer Muscles. That's right. He's got him. So we so we love having everybody here today. And thanks, Tom. Thank you, guys 428 01:01:18.170 --> 01:01:33.760 Roger Scott: and and folks, if you're if you're if you're new, if you're getting started with crypto, don't let all this this technical talk get to. You know it's it's a it's a great place to start, and starting with $100 is great. This is a good way for beginners to get their feet wet, and that's all I've got to say. 429 01:01:34.010 --> 01:01:40.969 Roger Scott: Jeffrey, have a great great session, Celeste Tony Great, Seeing you. I'll talk to you guys later. Bye, Everyone guys great to see you, too. Roger Celeste. 430 01:01:41.290 --> 01:01:43.870 Tony Saliba: Yeah, I'll see you on Monday. 431 01:01:44.130 --> 01:01:58.050 Celeste Lindman: Sounds great looking forward to it all right. Well, we will keep the screen open for a little bit. I can get your email addresses in there, and we'll get in touch with you. and then Jeffrey and I are going to head over to ask the pros premium. So I will see you there. 432 01:01:58.350 --> 01:02:04.649 JT: Yeah. And one final remark, the class is free. If you open an account like there's no extra charge like this is 433 01:02:04.820 --> 01:02:07.699 JT: one opportunity to come. Get a free class for me 434 01:02:08.020 --> 01:02:14.350 JT: free, like all you have to do is just open that account. So put put your email in if you're having trouble, and we'll see you on Monday. 435 01:02:14.840 --> 01:02:16.320 That's right. Get it in there.