Latest / Earn Your Leisure / Cliff Notes: Is Cardano the next Bitcoin?
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- 0:58Speaker 2: What's going on on earn is welcome the EYL University
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- 1:57Speaker 3: We'll see you on the other side. Earners, what's going on?
- 1:59Speaker 2: You are now in the cliff Notes, the number one
- 2:01Speaker 2: place for investment strategies, tips and advice.
- 2:03Speaker 4: Let's dive into it. I believe so you're an enthusiast
- 2:07Speaker 4: of Cardano.
- 2:09Speaker 5: Yes, I am, Actually I've been. I've actually been invested
- 2:13Speaker 5: since twenty seventeen, and like initially I was like all
- 2:17Speaker 5: minute for the money, but then when I actually looked
- 2:21Speaker 5: more into the project, I appreciate it, and I've kind
- 2:24Speaker 5: of always appreciated so I went through the whole thing,
- 2:27Speaker 5: through the whole bear market. Even my husband and I
- 2:30Speaker 5: even were investing while it was down as well. So
- 2:34Speaker 5: definitely grateful that it's gone on such a nice run
- 2:37Speaker 5: right now. And I think mainly, like I don't know,
- 2:42Speaker 5: one of the main things I like about seeing this
- 2:45Speaker 5: company is more it's more along the lines that I'm
- 2:48Speaker 5: watching it grow right like it's birthing, is going through
- 2:52Speaker 5: its growing pains, people are slinging its name through the mud,
- 2:55Speaker 5: and it's laid on its projects, but now like things
- 2:58Speaker 5: are rolling out, including the Mary Hart work that just
- 3:00Speaker 5: happened today. So yeah, there's I don't know, there's a
- 3:03Speaker 5: lot to say. So if you guys have any questions,
- 3:06Speaker 5: I'm definitely open to answer everything you have.
- 3:10Speaker 2: So for the average beginner who has no idea what
- 3:13Speaker 2: Cardna is, because we were invested in it too until yeah,
- 3:16Speaker 2: we're still invested in it in since twenty seventeen. So
- 3:19Speaker 2: it's funny that you said you are what is the
- 3:21Speaker 2: functionality of it? Because that's one of the things we
- 3:23Speaker 2: spoke about on Wednesday in our crypto classes, Like, every
- 3:26Speaker 2: coin has a functionality, So what does the white paper
- 3:28Speaker 2: say about card Dona what's his functionality?
- 3:31Speaker 5: Okay, so as of right now, the goal that Charles
- 3:35Speaker 5: has it pretty much takes on the world. Right, it's
- 3:41Speaker 5: going to be its own ecosystem. I'm not sure if
- 3:44Speaker 5: you're aware of the things that he has gone on
- 3:46Speaker 5: in Africa, but he did sign an agreement with Ethiopia.
- 3:52Speaker 5: Actually I have a written down where is that? So yeah,
- 3:59Speaker 5: he's signed an you which is just a memorandum of
- 4:02Speaker 5: understanding with the Ethiopian Ministry of Science and Technology. So
- 4:07Speaker 5: and that's going to be on an agricultural front, and
- 4:09Speaker 5: he's they've already been doing that with with beef hair
- 4:14Speaker 5: in America as well as New Balance, the shoe company.
- 4:18Speaker 5: And it's really a lot of on chain things, so
- 4:20Speaker 5: you know you're getting unique and genuine products. You know
- 4:24Speaker 5: exactly where it comes from because it's on the blockchain.
- 4:27Speaker 5: And as of today, there's going to be native token,
- 4:30Speaker 5: so it's literally its own ecosystem. And they're also going
- 4:33Speaker 5: to have an er C twenty converter. So if there's
- 4:36Speaker 5: any projects that are on Ethereum or anything like that,
- 4:39Speaker 5: and they want to move over to Cardinal, they will
- 4:42Speaker 5: be able to do so. So now it's getting to
- 4:45Speaker 5: the point where you can actually have your own token
- 4:48Speaker 5: on the blockchain.
- 4:50Speaker 2: So originally it was it was built on ethereum, but
- 4:52Speaker 2: now they're having you know, it.
- 4:54Speaker 5: Wasn't built on ethereum. It's its own, its own.
- 4:57Speaker 3: Thing, Yes, gotcha.
- 4:59Speaker 4: So it's interesting A da cardnost I invested in uh
- 5:07Speaker 4: twenty seventeen, maybe twenty sixteen, twenty seventeen. I have forty
- 5:12Speaker 4: eight hundred coins of Cardno, so I'm enthusiastic about it,
- 5:18Speaker 4: and it's good because it wasn't really doing too much
- 5:20Speaker 4: for a long period of time. Sleep my coins that
- 5:22Speaker 4: actually I actually spoke about this on the podcast. My
- 5:24Speaker 4: coins are actually stuck on Binance. That's a different story.
- 5:28Speaker 4: I gotta I gotta.
- 5:29Speaker 3: Get them out.
- 5:29Speaker 4: But so for anybody that may not be familiar with
- 5:32Speaker 4: what we're talking about right now, you see you hear
- 5:34Speaker 4: us talk about cryptocurrency a lot, and you hear us
- 5:36Speaker 4: talking about obviously bigcoin and Ethereum, but there's other cryptos
- 5:42Speaker 4: out there. It's called all coins. So the all coins,
- 5:45Speaker 4: so Bitcoin is like the big dog. I think it's
- 5:48Speaker 4: six sixty percent dominant in the space, right, So that
- 5:51Speaker 4: means that the whole market, Bitcoin takes up sixty percent,
- 5:54Speaker 4: but there's thousands of other coins that make up that
- 5:57Speaker 4: that forty percent.
- 5:58Speaker 3: So you have Ethereum, you have you have.
- 6:02Speaker 4: Tether, which is the stable coin, you have Bitcoin cash,
- 6:05Speaker 4: you have XRP, you have light coin, a bunch of
- 6:07Speaker 4: different things and they all have different functionalities. And at
- 6:12Speaker 4: the time, in twenty seventeen, Cardonald was getting a lot
- 6:17Speaker 4: of publicity and it was it was supposed to be
- 6:19Speaker 4: like the next one. It was like Cardonal to the moon,
- 6:22Speaker 4: and it never really reached its full potential. But you still,
- 6:26Speaker 4: you still are holding out hope that it can still
- 6:29Speaker 4: be the leader, one of the leaders in the space.
- 6:32Speaker 5: Huh oh, it's definitely gonna be one of the leaders.
- 6:35Speaker 5: And like I said, I've been watching their journey a lot,
- 6:39Speaker 5: so I've I've seen a lot of the hardships and
- 6:42Speaker 5: things that they're going through as a company. And one
- 6:44Speaker 5: of their hugest accomplishments that I took part of initially,
- 6:50Speaker 5: and their test net was their Dadalus wallet for staking.
- 6:53Speaker 5: So if you're not staking your ADA, I think you
- 6:58Speaker 5: should you get about You get an average of five
- 7:00Speaker 5: point five percent a year on those and the return
- 7:03Speaker 5: is always on ATA, so you'll get that. And obviously
- 7:07Speaker 5: the price of ADA is growing. So even if you
- 7:09Speaker 5: end up with a few tokens here and there, because
- 7:13Speaker 5: it is you get rewarded every five days. Your tokens
- 7:16Speaker 5: are not locked. You are free to do whatever you
- 7:18Speaker 5: want with your tokens, Like you can decide to steak
- 7:20Speaker 5: and unstake the very same day, and like there's no
- 7:24Speaker 5: penalty or anything like that. It's really really easy. And
- 7:27Speaker 5: once you have that going, you just you pick out
- 7:30Speaker 5: a stakpool. I will suggest going for something that's unsaturated,
- 7:35Speaker 5: meaning they're not at their full level and they're looking
- 7:38Speaker 5: for more delegators, mainly because if you go with a
- 7:42Speaker 5: smaller pool, there's a better chance you will get better rewards,
- 7:45Speaker 5: because if something's already saturated, then the rewards who are
- 7:48Speaker 5: going to be split between all the people that are
- 7:51Speaker 5: in there. So staking is what you do instead of
- 7:58Speaker 5: mining bitcoin is mining on their well that's how you
- 8:04Speaker 5: get bitcoin. You get it from mining and with the
- 8:07Speaker 5: Orebors protocol, which is actually it is from a cardonald
- 8:13Speaker 5: they are the creators and from my understanding, Polka Dot
- 8:16Speaker 5: is also using the ORB protocol. It is open source,
- 8:20Speaker 5: so they are definitely for you to do that. Charles
- 8:23Speaker 5: has it out there for everyone to do and Charles
- 8:26Speaker 5: Hoskinson is the creator and he was also the co
- 8:30Speaker 5: founder of Ethereum as well. So you will put your
- 8:34Speaker 5: wallet in or you will put your ada into the
- 8:36Speaker 5: wallet and you will stake it. And staking just means
- 8:38Speaker 5: that they're going to be holding your tokens. And since
- 8:40Speaker 5: they're holding your tokens, you're going they're going to be
- 8:43Speaker 5: using those tokens to get more tokens, and from those,
- 8:46Speaker 5: they're going to pay you for holding those tokens. It's
- 8:48Speaker 5: kind of like when you go to a bank and
- 8:51Speaker 5: you put your money in the bank and are like, oh,
- 8:52Speaker 5: you know, we'll give you if you keep your money
- 8:54Speaker 5: in the bank, we'll give you two percent a year
- 8:57Speaker 5: or something similar as that, only they're giving you and
- 9:00Speaker 5: half person of the year.
- 9:02Speaker 6: Yeah.
- 9:03Speaker 3: Quick question.
- 9:04Speaker 2: So a lot of the adoption piece for the cryptocurrency
- 9:08Speaker 2: space comes when large corporations step in.
- 9:10Speaker 5: Yea.
- 9:11Speaker 2: So we saw a square do that with bitcoin. We
- 9:13Speaker 2: even heard Stellar when we saw IBM get involved. Is
- 9:16Speaker 2: there anybody that you know of now that is getting
- 9:19Speaker 2: involved with cardinal or has been involved.
- 9:23Speaker 5: Well, there are several countries in Africa, and I mentioned
- 9:28Speaker 5: the Ethiopian Ministry and their agricultural segment, and there are
- 9:34Speaker 5: a few more. I kind of wish I had more
- 9:36Speaker 5: of Africa. However, they are teaching students how to program
- 9:41Speaker 5: using their computing language tschool and it's built into Plutus,
- 9:46Speaker 5: so they're actually creating and they have been creating over
- 9:50Speaker 5: these past years students and educators that are familiar with
- 9:54Speaker 5: their programming languages. So when everything is actually signed and
- 9:57Speaker 5: agreed with the government, which is actually he's stating, is
- 10:01Speaker 5: moving along quite nicely, and he's expecting some more information
- 10:05Speaker 5: this month, he said March. So we should be expecting
- 10:08Speaker 5: some more movement with Africa soon enough. And I'm excited
- 10:11Speaker 5: about it. So the fact that we have our the
- 10:16Speaker 5: devs are now able to start writing code, and now
- 10:18Speaker 5: we're having more people that are able that are known
- 10:22Speaker 5: this particular language to actually write on Coredono, it's pretty exciting.
- 10:27Speaker 5: And that's just one school of the civil out there.
- 10:30Speaker 5: So as much too as much to look forward to,
- 10:32Speaker 5: I'm not exactly sure what they have in store, but
- 10:34Speaker 5: now they have the ability to create whatever they want
- 10:37Speaker 5: to create, and I'm pretty excited. And they with Marlowe
- 10:40Speaker 5: is another program that they have you can actually drag
- 10:43Speaker 5: and drop your script which is very simple. Like there's
- 10:47Speaker 5: several different commuting computing languages. I wish like everyone just
- 10:51Speaker 5: explored it. I don't know, it's really hard. Well, I
- 10:57Speaker 5: think bitcoin is nice. It has high fees, it's slow,
- 11:03Speaker 5: the scaling, it can get expensive. I don't think it's horrible.
- 11:07Speaker 5: I think it's still really good to hold. But do
- 11:10Speaker 5: I think it's the absolute future. I don't know. I
- 11:17Speaker 5: don't know. Why I choose ATA over Bitcoin is all
- 11:23Speaker 5: of those reasons that they're actually able to accomplish this
- 11:27Speaker 5: and there's no one in bitcoin, there's no one over
- 11:29Speaker 5: in bitcoin and saying hey, let's go to this country
- 11:32Speaker 5: and let's develop and help this country and let him
- 11:36Speaker 5: learn tech in this different language, and let's give them
- 11:39Speaker 5: the ability to create whateverything.
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- 14:00Speaker 6: com slash investing in America.
- 14:03Speaker 5: I want to let's give them this opportunity. No one
- 14:06Speaker 5: in bitcoin does that. Bitcoin is just there.
- 14:09Speaker 6: It's just there.
- 14:12Speaker 4: Yeah, it's interesting. Like I said, I hope. I'm hoping
- 14:15Speaker 4: for the best. I personally have over four thousand coins
- 14:17Speaker 4: so if I can ever get my actual coins out
- 14:22Speaker 4: and if it does go, yeah, I got like five
- 14:26Speaker 4: thousand dollars just sitting there. Now, it's not the password.
- 14:28Speaker 4: Is Finance stopped. They for American citizens. They stopped letting
- 14:34Speaker 4: people like do anything.
- 14:36Speaker 3: So I can't. I can't.
- 14:37Speaker 4: It's there. It's not like frozen anything. But I can't
- 14:39Speaker 4: actually transfer the money out. I can't trade, I can't
- 14:43Speaker 4: sell it. I can't do anything. It's just like there.
- 14:45Speaker 5: So I recently transferred some out of finance because I
- 14:49Speaker 5: was in a similar situation, and I was flag saying
- 14:52Speaker 5: that I can't use it again because I'm a US citizen.
- 14:56Speaker 5: But right before I got that warning, I was able
- 14:59Speaker 5: to move things is around. They didn't stop or anything
- 15:01Speaker 5: like that. I wonder, I wonder if you can send
- 15:03Speaker 5: them an email. I'm sure you have.
- 15:07Speaker 3: I got it. I got it.
- 15:09Speaker 5: Yeah, a VPN.
- 15:11Speaker 3: Yeah.
- 15:11Speaker 5: I don't know if I should have said that.
- 15:12Speaker 4: Yeah, oh no, we went over that. Yeah, we went
- 15:17Speaker 4: over to you. I just gotta have enough time. But
- 15:20Speaker 4: it's all good. I'm not I'm not too concerned about it.
- 15:22Speaker 3: But well, it's problems. It's just money.
- 15:29Speaker 2: Now.
- 15:30Speaker 4: I appreciated anything else that you want to say before you,
- 15:33Speaker 4: before you head out, any other cryptos that you like
- 15:36Speaker 4: or you just uh, I have other ones.
- 15:39Speaker 5: They're not all performing as well. Unfortunately, I did. I
- 15:45Speaker 5: hold some z r X. They came in, they came
- 15:49Speaker 5: in decently. I was expecting to get at least like
- 15:51Speaker 5: a four or five dollars push out of it, and
- 15:54Speaker 5: it's just kind of hanging out at a dollar twenty
- 15:57Speaker 5: and I have try. I'm really hoping that it could
- 16:02Speaker 5: get up to like, I don't know, forty fifty cents.
- 16:05Speaker 5: I mean, at least break your all time high. Like
- 16:07Speaker 5: I'm really like, he can do it.
- 16:11Speaker 3: I'm glad you said that we had We had Tron
- 16:15Speaker 3: when it hit this all time high.
- 16:17Speaker 2: I was telling everybody I could about it. I was
- 16:19Speaker 2: watching this guy on periscope.
- 16:21Speaker 3: I was reading his tweets. I'm like, we gotta get this.
- 16:23Speaker 2: And we had it at I think it was a
- 16:25Speaker 2: fourth of a penny, didn't even reached one cent, and
- 16:27Speaker 2: then one night it ran up to twenty eight cent
- 16:29Speaker 2: and my phone was blowing up.
- 16:31Speaker 3: Everybody was like, oh, what.
- 16:32Speaker 2: Is in those days haven't come?
- 16:35Speaker 5: It was exciting.
- 16:37Speaker 3: Yeah, yeah, so I knew.
- 16:40Speaker 4: I knew Tron was in trouble when I saw Justin's
- 16:42Speaker 4: son blow is his nose with it?
- 16:45Speaker 3: He did something that was extremely weird.
- 16:49Speaker 4: He blew his nose with like a something right like
- 16:53Speaker 4: McDonald's bag or something like that on an interview, and
- 16:56Speaker 4: I said, Troy, we're in trouble with this.
- 16:58Speaker 3: And then ever since, that's not a good look the founder.
- 17:01Speaker 3: But but that's that's that's that's a key point.
- 17:03Speaker 4: If anybody doesn't know Justin, Justin's son is the guy
- 17:07Speaker 4: that start that founded TRON. He's like one of these
- 17:09Speaker 4: like billionaire young young kids out of China. Yeah, and
- 17:13Speaker 4: I think he paid like Warren Buffett. Yeah, head lunch
- 17:19Speaker 4: with He paid Warren buff for four million to have
- 17:21Speaker 4: lunch with him. He's like crazy. But when I long
- 17:24Speaker 4: story short, researched the founder and a lot, a lot.
- 17:27Speaker 4: This is the same with the stock market. Troy was
- 17:30Speaker 4: really enthusiastic about TRON and I just started having reservations
- 17:33Speaker 4: when I started to research this guy, and he seemed
- 17:36Speaker 4: like he gave me con artists vibes.
- 17:38Speaker 3: I don't know.
- 17:38Speaker 4: I don't want to call him a scam artist, but
- 17:40Speaker 4: he just gave me that type of energy. And it's
- 17:44Speaker 4: been downhill ever since, so I still have troying too.
- 17:47Speaker 4: I has another coin I can't get off of buying it.
- 17:49Speaker 4: So hopefully, hopefully one of these days, these cryptos though
- 17:52Speaker 4: all my crypto. You have so many cryptos that I
- 17:55Speaker 4: have more cryptos than I have stocked.
- 17:57Speaker 2: It was a top twenty it's still a top twenty
- 17:59Speaker 2: five coin, and it actually moved off etherym as his
- 18:02Speaker 2: own network. So yeah, the reason I was so enthusiastic
- 18:05Speaker 2: about it was because it had the gaming space, and
- 18:08Speaker 2: so one of the things that it allows you to
- 18:10Speaker 2: do is get tokens as a reward. Same the same
- 18:12Speaker 2: thing we kind of saw in the space now where
- 18:14Speaker 2: kids are on roadblocks and they have to pay to
- 18:16Speaker 2: get better at the game. He was using his token
- 18:18Speaker 2: to get better in the gaming sentence, and so once
- 18:20Speaker 2: I realized that was happening, I'm like, gaming is the
- 18:23Speaker 2: way they have their own platform. We gotta go trun.
- 18:25Speaker 3: Yeah, it was for like three weeks that was as
- 18:28Speaker 3: it was a good idea. It was a good idea.
- 18:29Speaker 4: It's still a good idea in theory because it's like,
- 18:31Speaker 4: you know, these coins have all usages, so the gaming
- 18:34Speaker 4: we talk about, like Hero, it's all related that's why
- 18:36Speaker 4: you gotta learn like and like so market Mondays is
- 18:39Speaker 4: not a one trick pony. We talk about so many
- 18:41Speaker 4: different stuff, but it's all investing in cryptocurrency. I mean,
- 18:44Speaker 4: you blind if you can't see what's going on with
- 18:46Speaker 4: crypto right now, and you would be a fool if
- 18:49Speaker 4: you didn't at the very least educate yourself on the space.
- 18:51Speaker 4: That's why we did the open enrollment last week on crypto.
- 18:54Speaker 4: That's how we're talking about this for a little bit
- 18:56Speaker 4: today because it's not going anywhere and it's only going
- 18:59Speaker 4: to get bigger. So when you see people investing in
- 19:01Speaker 4: Bigcoin and ethereum, it's not the only two, you would
- 19:04Speaker 4: be you would you would be an idiot if you
- 19:06Speaker 4: think that just two coins are gonna be the only
- 19:09Speaker 4: coins that's ever going to survive one hundred years for now.
- 19:11Speaker 4: So the idea with Tron is that you know, originally
- 19:15Speaker 4: they were going to be the token for video games.
- 19:17Speaker 4: And that's what really made a lot of sense to
- 19:18Speaker 4: me because it's like, the video game industry is so huge.
- 19:20Speaker 4: So we talk about like Hero, which is a video
- 19:22Speaker 4: game etf So I'm like, all right, if millions of
- 19:25Speaker 4: people are playing video games and they have a token
- 19:28Speaker 4: that's dedicated towards the video game industry, and that that
- 19:31Speaker 4: makes sense. That's something that I understand and I can
- 19:34Speaker 4: see how this makes sense. If it's like one common
- 19:36Speaker 4: currency for video gamers all across the world, whether you're
- 19:39Speaker 4: in South Africa, whether in Japan, or whether you're in America,
- 19:42Speaker 4: and you just have one common currency that you can
- 19:45Speaker 4: use for video gaming. I mean, that makes a lot
- 19:48Speaker 4: of sense. And these are this is why crypto still
- 19:50Speaker 4: makes a lot of sense to me as far as
- 19:52Speaker 4: the different usage. And it's like even like casino. Imagine
- 19:54Speaker 4: if you're in a casino, you know when you like
- 19:57Speaker 4: most of the big whales and casino come from Japan.
- 20:00Speaker 4: They come from overseas from Asia, so they go to Vegas,
- 20:03Speaker 4: they got to, you know, change their money over stuff
- 20:05Speaker 4: like that. But what if there was the currency just
- 20:06Speaker 4: for casinos, so now when you're coming from Japan, you
- 20:10Speaker 4: don't have to change your money over. You can just
- 20:12Speaker 4: use the you know, whatever coin, the gambling coin whatever,
- 20:15Speaker 4: like you know what I'm saying.
- 20:16Speaker 3: So that just makes a lot of sense.
- 20:17Speaker 2: So it's one of the things we said, if we
- 20:20Speaker 2: compare it to the dot com Era.
- 20:23Speaker 3: We just have to.
- 20:23Speaker 2: Figure out who the Google, who the Yahoo, who the
- 20:26Speaker 2: uh I mean, any of these big sites. Who's the
- 20:29Speaker 2: next Amazon in this space?
- 20:31Speaker 3: Right?
- 20:31Speaker 2: We don't want to have the excite dot com. And
- 20:33Speaker 2: that's what we could have if we get the wrong coins.
- 20:35Speaker 2: So again, read the white papers, right.
- 20:37Speaker 6: You know.
- 20:38Speaker 2: I'm a firm believer of doing the research. So that's
- 20:40Speaker 2: part of it. Due to the research. Like you said, when
- 20:41Speaker 2: we invested, I started reading everything I could about this guy.
- 20:44Speaker 2: If he was doing a lot of periscope, if he's
- 20:46Speaker 2: on telegram, I was watching, so I wanted to know
- 20:48Speaker 2: who this person was. And yeah, I think when he blew.
- 20:50Speaker 2: I think he blew his nose into his hand and
- 20:52Speaker 2: wiped it. And you were like, that's it. I'm doing this, dude.
- 20:54Speaker 3: It gave me get in car.
- 20:59Speaker 5: Oh come on, this is gonna be a hard one, Okay.
- 21:04Speaker 5: So I have like this theory behind it, right. So
- 21:07Speaker 5: when I was investing, I just noticed like these situations
- 21:11Speaker 5: where it was just extremely different. I eventually read about
- 21:16Speaker 5: it later, but at one point, when I was like
- 21:19Speaker 5: hoping more people would get into it, I noticed like
- 21:21Speaker 5: these square price fluctuations around like thirty three cents and
- 21:27Speaker 5: then it felt like in two three days we were
- 21:30Speaker 5: like eighty eight or ninety cents, and I come to
- 21:33Speaker 5: find out someone actually, over a matter of days they
- 21:38Speaker 5: invested about a half a billion dollars into ETA, and
- 21:41Speaker 5: it's kind of like, man, I just hope everyone get
- 21:43Speaker 5: in a four dollar And then there was that drop
- 21:46Speaker 5: to like that eighty eight cent mark. Again it was
- 21:49Speaker 5: it's kind of like it went there and like it
- 21:52Speaker 5: just rejected immediately, like as soon as it touched eighty eight.
- 21:55Speaker 5: So I almost feel like if you made it under
- 21:57Speaker 5: that thirty cent area, you kind of cemented into like
- 22:00Speaker 5: this bottom a bottom part of it. However, there is
- 22:04Speaker 5: a fun picking up Ata right now, and they are
- 22:08Speaker 5: they're actually selling their bitcoin for Ada and Polka Dot,
- 22:12Speaker 5: and they're going to be buying Ata and Polka Dot
- 22:16Speaker 5: up until mid March. So whatever this price is right now,
- 22:19Speaker 5: they're probably keeping it right around a dollar. So I
- 22:21Speaker 5: kind of don't think it's going to go under a
- 22:23Speaker 5: dollar anytime soon.
- 22:27Speaker 7: With me every day, are you using crypto like your
- 22:29Speaker 7: long term hedge or like replacement for stocks because the
- 22:34Speaker 7: returns are high features, but your passion for crypto is there,
- 22:38Speaker 7: So tell me the strategy behind that.
- 22:40Speaker 5: So I kind of do both. I do my my
- 22:43Speaker 5: long term investing in stocks, and I do have my
- 22:46Speaker 5: long term investing crypto. One of them is Ada, and
- 22:50Speaker 5: then I have coins where I say that like once
- 22:53Speaker 5: they get to like the coins that I'm just going
- 22:55Speaker 5: to sell right like I have, I have my long
- 22:58Speaker 5: term investment, and then I have something were once it
- 23:01Speaker 5: reached reach a certain area, I'm just gonna relinquish whatever
- 23:05Speaker 5: I'm holding. And with Ada, I'm just kind of right
- 23:09Speaker 5: now is going into discovery mode and I'm not even
- 23:11Speaker 5: sure if I should put a cap on it. Like
- 23:15Speaker 5: a part of me is saying, I really don't think
- 23:17Speaker 5: it's gonna go past five dollars on like this next
- 23:21Speaker 5: side run. Maybe it'll go to maybe four and a
- 23:24Speaker 5: half dollars, maybe come back and retrace to a dollar
- 23:28Speaker 5: twenty possibly before another push up and the next push
- 23:33Speaker 5: up maybe around ten to fifteen. But these are guestimations.
- 23:38Speaker 5: This is what my assumpshus are that's gonna happen at
- 23:41Speaker 5: some point. I feel like it's just not.
- 23:46Speaker 3: We got some millionaires, and I greatly appreciate it. Thank you,
- 23:49Speaker 3: thank you for coming on. Thank you.
- 23:51Speaker 4: I'm sure what, we'll see more of you in the future.
- 23:53Speaker 4: But I'm glad we had the pleasure take a break
- 23:56Speaker 4: from stocks for a minute and talk about crypto because
- 23:59Speaker 4: that's something that we all have been passionate about for
- 24:00Speaker 4: a long time.
- 24:01Speaker 2: So you know what else, we're talking about women investors,
- 24:04Speaker 2: So thank you and out of Women's.
- 24:08Speaker 3: Yeah, thank you, thank you for joining us. We appreciate it.
- 24:11Speaker 2: To hear a more extended conversation. Make sure to check
- 24:13Speaker 2: out our live YouTube show market Mondays every Monday, eight
- 24:17Speaker 2: pm Easter Standard time, seven pm Central, and check out
- 24:20Speaker 2: the Market Monday's podcast on iHeart, Spotify, Apple, or wherever
- 24:24Speaker 2: you download your podcast.
- 24:25Speaker 3: Now.
- 24:27Speaker 8: My graduates from my school being forced back drop drop Mike,
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