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Weekend Crypto Crash?🔥Technical Analysis with Evan Aldo · The Paul Barron Crypto Show

0:00
Speaker 1: Let's get into it today and let's take a look
0:02
Speaker 1: at whether or not we're going to see a crash
0:03
Speaker 1: into the weekend. We'll break it all down for you.
0:06
Speaker 1: Let's just jump right in. I do want to think
0:08
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0:10
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0:14
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0:20
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0:25
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0:28
Speaker 1: looking at this, and most people in reality, if you're
0:31
Speaker 1: going to go out and take a loan on your
0:33
Speaker 1: bitcoin or on your ethereum, you're probably going to only
0:35
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0:37
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0:42
Speaker 1: and that is going to benefit you. So take a
0:45
Speaker 1: look at that. It may be able to extend you
0:47
Speaker 1: into being able to buy a dip if you are
0:49
Speaker 1: already all the way in on where this is going.
0:52
Speaker 1: So check out Salt Lending. We'll leave a link down below.
0:54
Speaker 1: All right, I want to bring in mister evan Aldo
0:57
Speaker 1: to talk about some trades today we'll be getting into bitcoin, eth,
1:01
Speaker 1: B and B. How are you having.
1:04
Speaker 2: I'm doing fantastic, Paul, and well, I will stay fantastic
1:08
Speaker 2: if we can hold if we can hold thirty seven
1:10
Speaker 2: hundred free eth and so far we've seen a little jump,
1:12
Speaker 2: but I will be doing worse if we lose seventy
1:15
Speaker 2: or excuse me, if we lose thirty seven hundred for ETH.
1:18
Speaker 1: Hey, listen, there's a few people that are still very
1:20
Speaker 1: bullish right now. Here is mister Tom Lee coming in.
1:24
Speaker 1: I understand why markets are wary. We've got a lot
1:27
Speaker 1: of tensions right now with this global trade issue, major
1:30
Speaker 1: deliveraging last week that we saw, and then the fears
1:34
Speaker 1: on private credit. October is normally the explosion month, but
1:38
Speaker 1: we're not necessarily seeing that, so sentiment is definitely negative.
1:41
Speaker 1: We're seeing that in a lot of the markets. Only
1:44
Speaker 1: twenty two percent of fund managers right now are beating benchmark,
1:47
Speaker 1: So that means everybody's chasing to try to get into this.
1:51
Speaker 1: But his main thing by the dip guys right there,
1:54
Speaker 1: that's it, look for opportunities. By the now you got
1:57
Speaker 1: to think about it. This is Tom Lee, which right now,
2:01
Speaker 1: Tom is like a super investor. I mean, he's one
2:04
Speaker 1: of the top five on Wall Street. He is the
2:07
Speaker 1: guy that called bitcoin very early, and he is also
2:11
Speaker 1: the guy that has gone all in on ethereum. Within that,
2:15
Speaker 1: if you look at what people are doing right now
2:18
Speaker 1: in terms of what this looks like for either October
2:22
Speaker 1: or October, right there it is October is forty nine,
2:27
Speaker 1: in October at fifty, So we are at a split
2:30
Speaker 1: decision on whether or not we play this out. What's
2:33
Speaker 1: your opinion right now up for October? Do we get
2:36
Speaker 1: a green month or do we close red?
2:39
Speaker 2: Call me crazy, but I still think we may have
2:41
Speaker 2: potential of bitcoin hitting one hundred and thirty K by
2:44
Speaker 2: the end of the month or early November. So there's
2:46
Speaker 2: still potential if you hold these areas right now and
2:50
Speaker 2: you have a good jump here. If you don't, then
2:54
Speaker 2: we may be in some serious trouble.
2:56
Speaker 1: So if you go to the bitcoin chart right now, Evan,
3:00
Speaker 1: and you look at that position, because this is one
3:02
Speaker 1: that I know Ben Kaunt has talked about this one
3:05
Speaker 1: hundred to one oh two range, this fifty week moving average,
3:08
Speaker 1: it has to be able to be broken for a
3:10
Speaker 1: period of time. What are you showing right now in
3:13
Speaker 1: terms of bitcoin, and where would be your signal of
3:16
Speaker 1: no return versus a signal that we are back.
3:21
Speaker 2: So if we look at the chart right here for bitcoin,
3:24
Speaker 2: the big thing I'm looking at the four hour is
3:26
Speaker 2: big right here. Hit the big point about one oh three.
3:29
Speaker 2: That's a big pocket right there. Nice jump on it,
3:31
Speaker 2: which is good. To answer your question, I think if
3:34
Speaker 2: you lose like this like barrier right here one hundred,
3:37
Speaker 2: you know, and you lose it for more than you
3:40
Speaker 2: know a day or two or even a few hours,
3:43
Speaker 2: probably then your bull run is most likely over. Unfortunately, however,
3:48
Speaker 2: there's a lot of good things that we're seeing right now.
3:50
Speaker 2: You see a bullet stive on the four hour right here,
3:52
Speaker 2: momentum waves coming up, money flow coming up as well,
3:55
Speaker 2: which looks good. Last time this happened was back at
3:57
Speaker 2: the end of September and you had, as you can see,
4:00
Speaker 2: sixteen percent jump. If we do the same thing, you
4:03
Speaker 2: likely can get up to one hundred and twenty K
4:06
Speaker 2: towards the end of October. If you could continue forward
4:09
Speaker 2: your next big place where these lines intersect huge area
4:13
Speaker 2: one hundred and thirty k. This would be my absolute
4:16
Speaker 2: most bolish indication by the end of the month one
4:19
Speaker 2: hundred thirty K and then that could be your bullmarket peak.
4:22
Speaker 2: Maybe you could extend into November and hit like one forty.
4:25
Speaker 2: At this point, I'm not really thinking you're gonna get
4:27
Speaker 2: all the way up to one fifty, but we'll see
4:29
Speaker 2: what happens. Let's focus on getting up to one thirty
4:33
Speaker 2: sometime by early November, and I think we'll be in
4:35
Speaker 2: a very good position if that does happen.
4:38
Speaker 1: So yeah, all right, So you're still leaning somewhat positive
4:41
Speaker 1: on bitcoin if you look at the amount of positions
4:46
Speaker 1: right now. We just put this poll out just a
4:48
Speaker 1: little bit ago. We'll probably revisit this to see where
4:51
Speaker 1: it holds. But how much of your investing capital is
4:55
Speaker 1: positioned in the market primarily I'm assuming this could be
4:59
Speaker 1: crypto primary, But it looks like all in at about
5:03
Speaker 1: fifty six percent. That's crazy sixty to eighty percent at
5:07
Speaker 1: twenty three. So we're standing at what is that almost? Yeah,
5:12
Speaker 1: almost eighty percent over yeah, right at eighty percent right now?
5:17
Speaker 1: At sixty percent or more in the crypto market? Is
5:20
Speaker 1: that where your bags are right now? What are you
5:23
Speaker 1: setting on in terms of.
5:25
Speaker 2: I'm all in right now? Well, It depends on you
5:28
Speaker 2: define all in I mean, I'm not every penny of
5:31
Speaker 2: reserves and you know, money in real estate and other things.
5:34
Speaker 2: But yeah, I mean I'm I'm like seventy you know,
5:37
Speaker 2: eighty percent of like you know, a lot of I mean,
5:40
Speaker 2: highly in eth, especially since eth has done so well
5:43
Speaker 2: against all coins. But yeah, if you look at my portfolio,
5:46
Speaker 2: you'd think, yeah, this guy's high risk.
5:47
Speaker 1: Yeah, high risk. All right, So we got a couple
5:51
Speaker 1: of things that are happening. President Trump calls his one
5:54
Speaker 1: hundred percent tariff on China not sustainable. This, of course
5:57
Speaker 1: has been back and forth, so he's going head to
6:01
Speaker 1: head with China in terms of negotiation tactics. And you know,
6:05
Speaker 1: there are some other things that could play into this.
6:07
Speaker 1: Even Scott Bessen mentioned this the other day, and that
6:10
Speaker 1: is this push on what other kind of pain points
6:13
Speaker 1: could they impose on China? And part of it was
6:16
Speaker 1: maybe even delisting over on the Nasdaq. But China is
6:19
Speaker 1: now betting it can win a trade shore trade war
6:23
Speaker 1: and is playing hardball with Trump. And I think this
6:26
Speaker 1: is the issue. My understanding is we're going to get
6:29
Speaker 1: a meeting between she and Trump if we see this
6:32
Speaker 1: come off do you think this is more important than
6:35
Speaker 1: the government shutdown stopping or China and Trump playing nice?
6:43
Speaker 2: Government shutdown is big because I think that ends the
6:46
Speaker 2: gold and silver rally, puts more money into bitcoin. This
6:50
Speaker 2: is also very big as well. They're both huge. I
6:54
Speaker 2: would say it's hard to kind of pinpoint what's more important.
6:57
Speaker 2: They're both very important, though. I think we need both
7:00
Speaker 2: of them to kind of happen to get this show
7:02
Speaker 2: on the road. I would say, to get things to
7:04
Speaker 2: keep moving forward.
7:06
Speaker 1: If we get the government shutdown resolved it and it
7:09
Speaker 1: does happen, you feel that that gold and silver move
7:12
Speaker 1: is over, at least in the short term and it
7:16
Speaker 1: begins to hold or do you think we'll see a
7:18
Speaker 1: significant market correction there on gold and silver.
7:22
Speaker 2: I think gold and silver will start to bleed against
7:24
Speaker 2: bitcoin and ethereum as soon as the government shut down ends.
7:28
Speaker 2: I do think between some time between now and early
7:30
Speaker 2: twenty six you will see you for gold at least
7:33
Speaker 2: a twenty thirty percent correction. I'm buying thirty three hundred
7:37
Speaker 2: would be a big place to get in on gold.
7:39
Speaker 2: I think.
7:41
Speaker 1: I want to go into this clip because this gets
7:45
Speaker 1: into really where the progress is going and this is
7:48
Speaker 1: all about China, because obviously this is a big factor here.
7:51
Speaker 1: But let's go to satwe.
7:54
Speaker 3: Last weekend when the President said everything's going to be fine.
7:58
Speaker 2: Scott Bessett really.
7:59
Speaker 3: Chafed at that journal piece that said that they're just
8:02
Speaker 3: watching the stock market and that they you know, they
8:06
Speaker 3: base their comments on what's going on in the stock market.
8:09
Speaker 3: And again you could say that once again, the President
8:12
Speaker 3: today said, no, it's not Those big tariffs are not
8:15
Speaker 3: going to last. Should we believe that or should we
8:19
Speaker 3: attribute it to to watching what the market's doing?
8:22
Speaker 2: Is there real progress? We don't know.
8:25
Speaker 4: Like I said, I don't know what's going to happen
8:26
Speaker 4: in this call. The fact of the call itself, I
8:28
Speaker 4: think is notable, which is why I'm calling it into
8:31
Speaker 4: you guys. But you know, we don't know what the
8:34
Speaker 4: content of that call is going to be. And obviously
8:36
Speaker 4: Besen did bristle at that piece.
8:38
Speaker 5: You know, the US side.
8:40
Speaker 4: Of course, doesn't want it to look as if the
8:42
Speaker 4: Chinese side has.
8:43
Speaker 5: More leverage in this negotiation than they do, and that's
8:46
Speaker 5: sort of what that Wall Street journal piece was suggesting
8:49
Speaker 5: earlier this week. So it is very hard to say,
8:54
Speaker 5: and I think Ultimately, no large breakthrough can come until
8:59
Speaker 5: the two top leaders meet face to face.
9:03
Speaker 1: All right, So no large breakthroughs I would agree with that,
9:06
Speaker 1: and I think that's what we're waiting on, is to
9:08
Speaker 1: see that coming in on between Trump and She, coming
9:13
Speaker 1: on whether or not they're going to come to a
9:14
Speaker 1: deal one hundred percent tariffs on China in effect by
9:18
Speaker 1: November first. Nobody believes this is going to happen. This
9:22
Speaker 1: is on polymarket, so you can kind of see right there,
9:26
Speaker 1: it's a nine percent chance right now. Why if no
9:29
Speaker 1: one believes this is going to happen. Do you feel
9:31
Speaker 1: we're seeing such an impact on the markets? Is there
9:34
Speaker 1: a subversive thought that Trump's going to try something else?
9:39
Speaker 1: What do you think it is right now?
9:41
Speaker 2: Evan? You know, I mean the markets they always you know,
9:45
Speaker 2: have their angrier points, They always have, you know, money
9:47
Speaker 2: moving around. We talked about, you know, the finance thing
9:49
Speaker 2: and all that that invokes the fear, especially for all coins.
9:54
Speaker 2: I I don't know, you know, maybe this could be
9:56
Speaker 2: this is you know, this would kind of support what
9:58
Speaker 2: I was saying for the big jump ump. People are
10:00
Speaker 2: just overreacting a lot. Maybe given that we're in quarter
10:04
Speaker 2: four and the fier cycle. People are getting out a
10:07
Speaker 2: little bit too early. Maybe it could be that fear,
10:10
Speaker 2: so I would remain optimistic. Once this does, you know,
10:13
Speaker 2: kind of end with Trump and some good things hopefully
10:16
Speaker 2: come out and government shutdown ends, you could be off
10:20
Speaker 2: to the races.
10:21
Speaker 1: We had a call yesterday or a show yesterday with
10:24
Speaker 1: Jamie Coates from Real Vision, and he was kind of
10:27
Speaker 1: talking about this whole issue of repositioning into the major
10:32
Speaker 1: l ones and or Bitcoin, you know, basically is what
10:34
Speaker 1: it boiled down to. And if you look at all
10:37
Speaker 1: of the investments right now on digital assets in general,
10:42
Speaker 1: I think a lot of people are spread fairly thin
10:44
Speaker 1: in terms of diversification. How are you playing your portfolio?
10:48
Speaker 1: Are you stacking at the top side of the high
10:51
Speaker 1: value assets right now or are you still taking some risk
10:54
Speaker 1: down on the lower value assets.
10:56
Speaker 2: You know, I bought a lot of the lower caps
10:59
Speaker 2: stuff like a year to two years ago. I've had
11:03
Speaker 2: as much as I want of it so far. On
11:05
Speaker 2: this dip, I bought ETH, which hit off of a
11:08
Speaker 2: big area thirty seven hundred, So I'm betting pretty big
11:11
Speaker 2: on eth right now. So I've stacked some more Eth
11:13
Speaker 2: and I'm planning to be honest with you and kind
11:15
Speaker 2: of getting out of that. You know, hopefully if Eth
11:17
Speaker 2: goes above five thousand, hopefully somewhere between fifty eight hundred
11:21
Speaker 2: to seventy three hundred. So that's kind of how I'm
11:23
Speaker 2: playing it right now for a nice Eth trade. If
11:26
Speaker 2: you want to be riskier, yeah, all coins have hit
11:29
Speaker 2: big areas, the big l ones, so I do think
11:32
Speaker 2: that slightly riskier play could be a big thing for
11:35
Speaker 2: the l ones right here. But obviously, as always, that's
11:38
Speaker 2: going to be riskier than Eth. I think right now,
11:41
Speaker 2: when you look at the eight bitcoin evaluation, especially with
11:44
Speaker 2: QT ending really soon, that could strengthen the l one
11:48
Speaker 2: argument too. And when you look at eth bitcoin evaluation,
11:51
Speaker 2: this is one of the rare times where I would
11:52
Speaker 2: even say it's like, maybe slightly less risk to get
11:55
Speaker 2: into Ether right now. I know some of the maxis
11:58
Speaker 2: will hate me for that, but just right now Eth
12:00
Speaker 2: looks real good against Bitcoin.
12:01
Speaker 1: I would say, I'm looking at the eight bitcoin chart.
12:04
Speaker 1: I mean it has been trading down obviously, but now
12:06
Speaker 1: it's position however, it has flatline. This is on the
12:09
Speaker 1: on the weekly. But if to your point, if you
12:11
Speaker 1: go to the daily somewhat somewhat sideways right now, at
12:17
Speaker 1: least after coming up some Well, okay, so what are
12:19
Speaker 1: the key the key indicators right now on ethereum? What
12:23
Speaker 1: are you watching? Where would you enter or exit if
12:27
Speaker 1: you were trying to make a trade on eth right now.
12:30
Speaker 2: So it's kind of similar to kind of what we're
12:33
Speaker 2: seeing on bitcoin. Just like the Bitcoin chart, you're making
12:35
Speaker 2: a higher low so far you have a very nice
12:38
Speaker 2: you could see these waves coming up, money flow coming
12:41
Speaker 2: up in the four four hour very nice Polish divergence forming.
12:44
Speaker 2: You know, your textbook standard TA would tell you that
12:48
Speaker 2: if you can break above like four thousand, you should
12:51
Speaker 2: be off your way on your way to forty six hundred,
12:54
Speaker 2: which would be huge. So what you could do here
12:56
Speaker 2: low risk, high red word trade something along these lanes
13:00
Speaker 2: all the way up to you know, maybe this high
13:02
Speaker 2: October seventh. You know that's a risk order ratio above
13:05
Speaker 2: two to one, so very low risk or high reward.
13:08
Speaker 2: Something like this would work very well. And the thing
13:10
Speaker 2: here is, like I do think if you were to
13:13
Speaker 2: come down and like lose this area and lose thirty
13:15
Speaker 2: four hundred and bounce around like this for a few days,
13:18
Speaker 2: you're probably dead in the water. Your bull run's probably over.
13:21
Speaker 2: I think we really need to hold here, so I
13:23
Speaker 2: think very low risk, high reward. Try to buy the
13:26
Speaker 2: dip here. Not financial advice, but what I'm doing. Buy
13:29
Speaker 2: the dip here and try to run this up. If
13:31
Speaker 2: we can get another wave on the daily that brings
13:34
Speaker 2: us up quite a bit, do something like this again.
13:37
Speaker 2: Run us up to forty seven hundred, then you break
13:39
Speaker 2: above five thousand. Get up to this point for potentially
13:42
Speaker 2: a cycle peak early November fifty seven hundred, start to
13:46
Speaker 2: scale out there, and then best case scenario into the
13:49
Speaker 2: end of the year, maybe even early January. Who knows,
13:52
Speaker 2: seventy three hundreds or something like this. So yeah, that's
13:56
Speaker 2: the big area. I'm looking at the thing I'm waiting for,
13:58
Speaker 2: and I'll show you real quick here this is a
14:00
Speaker 2: nice indicator that I've been waiting for for a while.
14:02
Speaker 2: On eighth the three week trigger wave, well kind of
14:07
Speaker 2: anchor wave trigger wave to this wave over here. This
14:09
Speaker 2: VWOP is if you all comes down, you're going to
14:11
Speaker 2: see a red dot here in this three week that's
14:13
Speaker 2: gonna happen anywhere from a week or two to the
14:16
Speaker 2: end of the year, even January, and that would be
14:19
Speaker 2: kind of the market cycle peak where I would say,
14:22
Speaker 2: is a good place to really get out, similar to
14:24
Speaker 2: kind of up here on that area, nice place December
14:27
Speaker 2: of twenty one right there, so that area, and you
14:30
Speaker 2: could even test it back this high wave right here,
14:32
Speaker 2: this is January of twenty eighteen. It's kind of the
14:35
Speaker 2: red dot above the zero line here anchor trigger wave
14:39
Speaker 2: in quarter four. You haven't seen it yet, but you're
14:41
Speaker 2: probably going to see it byerly January at the latest.
14:45
Speaker 1: Well, and that'll be a key indicator. I think. Yeah,
14:47
Speaker 1: as we look into E and okay, so beyond ethereum,
14:51
Speaker 1: let's stay in the layer ones for now. Let's look
14:54
Speaker 1: at B and B because there's been a lot of
14:57
Speaker 1: people that have really one big time on B and B.
15:01
Speaker 1: Where are you today if you're looking at BNBO, would
15:04
Speaker 1: you take this as an asset or would you stand
15:08
Speaker 1: on the sidelines on this one.
15:11
Speaker 2: B and B? I mean, yeah, it's like hitting a
15:14
Speaker 2: big point here. I think it could be. I mean,
15:16
Speaker 2: there's gonna be less volatility in a lot of other things,
15:18
Speaker 2: but hitting that big point around one thousand, I think
15:21
Speaker 2: common sense would tell you, you know, this is just
15:23
Speaker 2: basic ta. If you can hold a thousand, you've got
15:25
Speaker 2: a good shot of jumping up to like fifteen hundred
15:27
Speaker 2: into the end of the year in November December, if
15:29
Speaker 2: the market continues good. I would say absolute best case
15:33
Speaker 2: scenario would probably be two thousand, but I think that's
15:35
Speaker 2: a little bit too opimistic. I'd be looking at fifteen hundred. So,
15:39
Speaker 2: you know, following this general trajectory into the end of
15:41
Speaker 2: the year, I think fifteen hundred is a pretty good goal,
15:44
Speaker 2: you know. I mean some aults can potentially double or
15:47
Speaker 2: triple on that amount of time. This is you know,
15:49
Speaker 2: we're towards the end of the cycle here, but I
15:51
Speaker 2: think fifteen hundred. You definitely could see B and.
15:54
Speaker 1: B trading at around thousand one thousand now and down
15:57
Speaker 1: four days in a row. Also off of that last
16:01
Speaker 1: week liquidation that we saw and a lot of people,
16:04
Speaker 1: you know, kind of looking at finance in a different format.
16:07
Speaker 1: Let's jump over to Solana and compare if you were
16:11
Speaker 1: looking at Solana today, which is under two hundred, that's
16:13
Speaker 1: been a window that people have been looking at on Seoul.
16:17
Speaker 1: How would you play Salana right now as it's trading
16:20
Speaker 1: at one eighty two, as we record.
16:23
Speaker 2: Solana's promising, I'll say that as long as you could
16:26
Speaker 2: hold this area one eighty seven year below it right now,
16:29
Speaker 2: but I think we could easily wake up like we did,
16:31
Speaker 2: you know over here in early October, kind of kind
16:33
Speaker 2: of what you've been seeing hirelow right here, very similar
16:36
Speaker 2: to Bigcoinny theorem. And if you can kind of break
16:39
Speaker 2: above one eighty eight, that big place you know, maintain,
16:43
Speaker 2: have this bull did play out, you got a good
16:44
Speaker 2: shot at potentially early November, end of this month hitting
16:48
Speaker 2: this big point two seventy, which is what I would
16:50
Speaker 2: be looking at some nice trajectory like that. So there
16:53
Speaker 2: is that possibility if you look at your two day
16:56
Speaker 2: here in nice trigger wave forming. The last time this formed,
16:59
Speaker 2: you know, you saw a nice trajectory for a bit,
17:01
Speaker 2: and this would bring us out into early January at
17:04
Speaker 2: that marker. I know you've talked about three hundred, so
17:07
Speaker 2: I don't think you're going to get all the way
17:09
Speaker 2: up to four hundred, but I think three hundred or
17:11
Speaker 2: maybe high threes is doable until later this year. So
17:16
Speaker 2: I do like Solana overall.
17:17
Speaker 1: Still, So yeah, so Solana, okay, so let's let's talk
17:21
Speaker 1: about that and go back to kind of our big three.
17:24
Speaker 1: You've got Ethereum, you've got Solana, you've got Avalanche in
17:29
Speaker 1: the mix. We'll even put Swee in there, because we,
17:32
Speaker 1: of course is also taken a fairly big hit. Where
17:35
Speaker 1: would you stay right now through this next leg? Is
17:40
Speaker 1: would you rot out out of any of those right now?
17:43
Speaker 1: In terms of those big l ones, I just.
17:47
Speaker 2: I would say, stay, stay, stay stay. I mean, yeah,
17:51
Speaker 2: it's diversification. You know, we don't know exactly which one
17:54
Speaker 2: is going to do the best. Theoretically, if the FED
17:57
Speaker 2: ends QT this month, which may happen, you know, the
18:00
Speaker 2: lower caps that you mentioned, like Swee would probably do
18:03
Speaker 2: the best, but you know, we don't exactly know when
18:06
Speaker 2: that's going to happen. So I think the versification would
18:08
Speaker 2: be the biggest thing here. I think all those ones
18:11
Speaker 2: you mentioned it definitely would would do well. I mean
18:14
Speaker 2: I think that you know at this point, like sure,
18:16
Speaker 2: if you're holding garbage like mean coin stuff like that
18:19
Speaker 2: that's very high risk, sure self or tax loss harvesting,
18:23
Speaker 2: move it into something safer. That makes the most logical sense.
18:26
Speaker 2: But I think most people kind of would already guess.
18:29
Speaker 1: That, you know what I mean, Yeah, how would you,
18:32
Speaker 1: I mean, in this kind of situation where you've got
18:35
Speaker 1: an opportunity to take a little bit of a tax loss.
18:37
Speaker 1: Here we are, you know, Q three, Q four rolling
18:40
Speaker 1: into as we get into November, this would be some
18:45
Speaker 1: of the timing in which you might take a look
18:47
Speaker 1: at some of those Is this the time that you
18:49
Speaker 1: would do it? Because even if even if you just
18:51
Speaker 1: took a tax loss and rebought it, if you were saying, hey,
18:54
Speaker 1: I think we're going to go up from here, but
18:57
Speaker 1: I want to take this tax loss and then rebuy
18:59
Speaker 1: because there's no wash, so you'd be back in the
19:01
Speaker 1: asset and still have the tax loss benefit within that.
19:06
Speaker 1: Would that be a strategy you might deploy or would
19:09
Speaker 1: you go in to dry powder and wait and see
19:12
Speaker 1: on the sidelines and try to redeploy that into another major,
19:15
Speaker 1: you know, asset. What are your thoughts?
19:18
Speaker 2: I think the most logical thing just sell and buy
19:21
Speaker 2: back and just take the tax. Don't make it more
19:24
Speaker 2: complicated that it has to be, because a lot of
19:27
Speaker 2: things are going to happen potentially quickly and you could
19:30
Speaker 2: have quick recoveries. So I'm trying to wait for another dip.
19:34
Speaker 2: You know, it depends like if you're holding something you
19:37
Speaker 2: know that's bled against all the coins you just mentioned
19:40
Speaker 2: just keeps going down and down. Maybe take the tax
19:43
Speaker 2: loss harvest and convert it into something that's a little
19:45
Speaker 2: bit more promising, a higher cap like eat, you know, Salana,
19:48
Speaker 2: something like that. But I mean, if it's if you're
19:51
Speaker 2: holding you know, I guess Solana, and you happen to
19:53
Speaker 2: be down with it, which a lot of people probably
19:55
Speaker 2: aren't even down with a lot of the ones we mentioned.
19:58
Speaker 2: I mean, you know, just self for the tax harvest
20:01
Speaker 2: buy back, you know, And I mean if it goes lower,
20:02
Speaker 2: you could do the same thing again, I think, right,
20:04
Speaker 2: you could just get more, even more of a tax
20:06
Speaker 2: loss harvest. So if you did it again.
20:09
Speaker 1: Well you could. Yeah, if you took another one at
20:12
Speaker 1: the same on the same asset that you would do
20:15
Speaker 1: one now, I mean it's kind of a no loss
20:18
Speaker 1: if you believe in the asset. That's the key. All right, guys,
20:21
Speaker 1: there's a lot happening right here in the market. Again,
20:25
Speaker 1: you should check out Evan's channel. I'll drop a link
20:28
Speaker 1: down below. Make sure and check out Evan Aldo over
20:30
Speaker 1: on YouTube. Evan, it was good having you on the
20:32
Speaker 1: show again today. Thanks so much for coming in. We
20:34
Speaker 1: appreciate it.
20:36
Speaker 2: Always do it to be on. Thanks so much, Paul.
20:38
Speaker 1: You bet all right, you guys get in on the
20:40
Speaker 1: Diamond Circle. It's a great way to get additional content
20:43
Speaker 1: from us. I put out an email every week that
20:44
Speaker 1: kind of talks about the direction of this, where we
20:47
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20:50
Speaker 1: of where the market conditions are. And you can do
20:53
Speaker 1: that for free, So just use the link down below,
20:55
Speaker 1: hit me out there on X at Paul Baron. We'll
20:57
Speaker 1: catch you next time right here on the Paul Baron Show.
21:08
Speaker 1: All right, my man, were good? Yeah, all right, So
21:15
Speaker 1: Eith is the one man you are all in on ethereum, right,