Latest / Panic Drop Podcast / Bitcoin $86K: Is Uptober Finally Here?

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Bitcoin $86K: Is Uptober Finally Here? · Panic Drop Podcast

• 0:01
  SPEAKER_01: Hello all, I hope you are doing good.
• 0:06
  SPEAKER_01: It's a sunny weekend day,
• 0:08
  SPEAKER_01: it's Saturday, so I thought, why not just be inside and talk about stocks, crypto?
• 0:15
  SPEAKER_01: Thanks for joining, Sumi, Thomas, Andy.
• 0:20
  SPEAKER_01: We're gonna talk about crypto,
• 0:23
  SPEAKER_01: stocks, some of the calls I've made from the last months have been playing out.
• 0:30
  SPEAKER_01: We're gonna discuss that.
• 0:33
  SPEAKER_01: Here is my portfolio actually for this year.
• 0:37
  SPEAKER_01: So I'm up 19.5%.
• 0:42
  SPEAKER_01: I think the S&P is up 13 or 14%.
• 0:47
  SPEAKER_01: So we are outperforming the market.
• 0:50
  SPEAKER_01: That's what I aim for each year.
• 0:54
  SPEAKER_01: And I think it's because we had a few good calls.
• 0:59
  SPEAKER_01: We had some of the biggest allocation into cybersecurity.
• 1:05
  SPEAKER_01: So Palo Alto, Fortinet, they all have been skyrocketing.
• 1:12
  SPEAKER_01: Then, of course, NVIDIA.
• 1:15
  SPEAKER_01: I've been loading up on a lot of NVIDIA as it was Yeah, trading below 200.
• 1:22
  SPEAKER_01: So here, those are all the times that I bought.
• 1:27
  SPEAKER_01: I can actually show you in Pinfolio my trades whenever I buy.
• 1:34
  SPEAKER_00: So if I put all of them, let's ignore the sales for now.
• 1:44
  SPEAKER_01: Yeah.
• 1:45
  SPEAKER_01: So here you can see all the times that I'm buying Nvidia.
• 1:50
  SPEAKER_01: So yeah, it's a lot.
• 1:53
  SPEAKER_01: And I did some trading,
• 1:54
  SPEAKER_01: so buying,
• 1:55
  SPEAKER_01: selling at a profit,
• 1:57
  SPEAKER_01: but the last few months This was really just buy and holding
• 2:02
  SPEAKER_01: because I was really convinced that it wouldn't trade sideways anymore
• 2:08
  SPEAKER_01: and it would make new all-time highs and it actually did last Friday.
• 2:16
  SPEAKER_01: So Friday it went to new all-time highs.
• 2:19
  SPEAKER_01: So that really played out well.
• 2:22
  SPEAKER_01: We have of course other Mac 7 stocks.
• 2:26
  SPEAKER_01: We have Meta, Microsoft, Amazon.
• 2:29
  SPEAKER_01: Amazon a little bit lagging,
• 2:31
  SPEAKER_01: but I am accumulating because I do think I think that once yields will go down,
• 2:38
  SPEAKER_01: then Amazon will fly.
• 2:39
  SPEAKER_01: So that's the one I'm now heavily accumulating,
• 2:42
  SPEAKER_01: but all the other ones like Meta,
• 2:44
  SPEAKER_01: Microsoft already did really well for the portfolio this year.
• 2:49
  SPEAKER_01: I think Google is also one that I wanna keep on adding as it's still one of the biggest AI play.
• 2:58
  SPEAKER_01: You should think and ask yourself like,
• 3:06
  SPEAKER_01: I'm sorry, I was checking atSubstack and there was no screen.
• 3:10
  SPEAKER_01: I hope you hear me very well.
• 3:14
  SPEAKER_01: So the question with Google you should ask yourself is, can you live without it?
• 3:19
  SPEAKER_01: And for me personally, I cannot live without it.
• 3:25
  SPEAKER_01: As long as that's the answer to that question, I'm just going to keep it in my portfolio.
• 3:31
  SPEAKER_01: And of course I look at earnings and everything,
• 3:35
  SPEAKER_01: but this is just a pure AI play as well that I want to have in my portfolio.
• 3:42
  SPEAKER_01: They just launched Gemini 4.
• 3:45
  SPEAKER_01: And apparently it's amazing.
• 3:48
  SPEAKER_01: So they're still on track with Cloud and OpenAI.
• 3:54
  SPEAKER_01: So yeah, that's a little bit about the portfolio.
• 3:58
  SPEAKER_01: Stefan, Steven, thanks for joining.
• 4:03
  SPEAKER_01: If you have questions, do let me know.
• 4:04
  SPEAKER_01: I wanted to talk about Bitcoin first.
• 4:09
  SPEAKER_01: I have this one indicator that I created myself.
• 4:14
  SPEAKER_01: My AI agent is actually trading this and it went long here around August and
• 4:22
  SPEAKER_01: so far it's still in the trade.
• 4:25
  SPEAKER_01: So it's up around 32%.
• 4:29
  SPEAKER_01: So not bad.
• 4:31
  SPEAKER_01: The aim is to catch these long waves of Bitcoin going up.
• 4:37
  SPEAKER_01: So nice waves here that it was able to catch in the past.
• 4:43
  SPEAKER_01: So that's actually what this indicator is trying to do.
• 4:48
  SPEAKER_01: If you want to have access to this indicator,
• 4:51
  SPEAKER_01: you get it if you're a paid subscriber and you get access to
• 4:57
  SPEAKER_01: the modules explaining how the indicator works,
• 5:02
  SPEAKER_01: what makes it a good strategy and then also automating it with AI
• 5:07
  SPEAKER_01: so your AI agent can trade it.
• 5:14
  SPEAKER_01: So far, it's still bullish.
• 5:15
  SPEAKER_01: So it's in line with what I think.
• 5:19
  SPEAKER_01: So I am also bullish on Bitcoin right now.
• 5:24
  SPEAKER_01: I think once we had this clear break of the May high,
• 5:32
  SPEAKER_01: it was certain for me that Bitcoin had bottomed and that Bitcoin wouldn't make
• 5:42
  SPEAKER_01: a new low anymore.
• 5:44
  SPEAKER_01: Now anything is possible and I would be completely wrong if it now simply drops down
• 5:53
  SPEAKER_01: below 60k again.
• 5:56
  SPEAKER_01: But it does seem very unlikely.
• 5:58
  SPEAKER_01: We have a change in trend.
• 5:59
  SPEAKER_01: You can clearly see that there is
• 6:03
  SPEAKER_00: this Let me draw it.
• 6:08
  SPEAKER_01: There is this trend now where you have higher highs, higher lows like this.
• 6:16
  SPEAKER_01: It even came for a retest here at support and then continued a little bit higher.
• 6:24
  SPEAKER_01: So in the short term it's possible we get a shakeout so I am prepared for that so
• 6:32
  SPEAKER_01: a shakeout To the 70s, mid 70s is perfectly possible.
• 6:40
  SPEAKER_01: That's why I'm not really accumulating anymore.
• 6:44
  SPEAKER_01: The time to accumulate was basically here.
• 6:48
  SPEAKER_01: So that was a phase to accumulate or here as well.
• 6:53
  SPEAKER_01: So from this range was a time to accumulate.
• 7:00
  SPEAKER_01: And that is exactly what I did.
• 7:02
  SPEAKER_01: So even bought the higher range here for Bitcoin.
• 7:08
  SPEAKER_00: Maybe I can show it as well on the chart here.
• 7:14
  SPEAKER_00: All my trades.
• 7:18
  SPEAKER_00: Show them all.
• 7:22
  SPEAKER_00: And only the buys.
• 7:26
  SPEAKER_00: Yeah.
• 7:29
  SPEAKER_00: So you can see that
• 7:32
  SPEAKER_01: I've been buying basically all the way up and all the way down.
• 7:39
  SPEAKER_01: And now recently I also
• 7:43
  SPEAKER_01: bought after the breakout as a confirmation.
• 7:49
  SPEAKER_01: So you can see even at 83k I bought, I still think it's like a decent level to be buying.
• 8:00
  SPEAKER_01: If you don't have any position, you should have some position if you're bullish on crypto.
• 8:06
  SPEAKER_01: But now my allocation is what?
• 8:09
  SPEAKER_01: It's almost 15%.
• 8:13
  SPEAKER_01: So if I'm buying, I'm gonna buy on ShakeOut.
• 8:17
  SPEAKER_01: So I could still add a few percent allocation into Bitcoin.
• 8:22
  SPEAKER_01: I wouldn't mind, but it would be after a big ShakeOut when there is fear.
• 8:28
  SPEAKER_01: And when there is fear I would also of course look at altcoins,
• 8:34
  SPEAKER_01: look at what altcoins are showing strength in the
• 8:42
  SPEAKER_01: The market and my Substack is telling me that my internet is very unstable.
• 8:49
  SPEAKER_01: So if you guys can let me know if it's still showing something, yeah, would be awesome.
• 9:01
  SPEAKER_01: So I'm looking at altcoins, I cover them every week.
• 9:07
  SPEAKER_01: On Thursday and we had a few nice plays.
• 9:11
  SPEAKER_01: Like Zcash is one I've covered for a long time in the altcoin playbook.
• 9:20
  SPEAKER_01: Making no highs.
• 9:22
  SPEAKER_01: Hype is another one.
• 9:26
  SPEAKER_00: Not this hype.
• 9:33
  SPEAKER_00: Shit.
• 9:36
  SPEAKER_00: Pick the right one.
• 9:42
  SPEAKER_00: This one.
• 9:44
  SPEAKER_01: So Hype making new all-time highs as well.
• 9:47
  SPEAKER_01: And there's just a couple of them that are doing really good.
• 9:52
  SPEAKER_01: So overall, I think If you look at the four-year cycle, it's still early.
• 10:01
  SPEAKER_01: You
• 10:03
  SPEAKER_01: still have enough time to be positioned for the bull market.
• 10:10
  SPEAKER_01: So on a monthly view,
• 10:14
  SPEAKER_01: I see that now the bear market is over.
• 10:18
  SPEAKER_01: So the red box is now a green box.
• 10:22
  SPEAKER_01: And yeah, we have time until let's say September, 2029.
• 10:29
  SPEAKER_01: Where there should be at least a top before.
• 10:35
  SPEAKER_01: And it can be a top way, way earlier.
• 10:39
  SPEAKER_01: So that's something to take into account.
• 10:42
  SPEAKER_01: But the latest would be Q4, 2029.
• 10:44
  SPEAKER_01: And...
• 10:52
  SPEAKER_01: Thank you, Adi, for clearing that up, that you can hear me.
• 10:58
  SPEAKER_01: So for crypto, the four-year cycle, what are some paths it can do?
• 11:06
  SPEAKER_01: So for example,
• 11:09
  SPEAKER_01: we can have a right translated cycle,
• 11:13
  SPEAKER_01: just like the previous ones, where it just goes nice in an uptrend, in waves.
• 11:20
  SPEAKER_01: Until it clears all-time highs and then hopefully some parabolic move at the end
• 11:27
  SPEAKER_01: where it tops out and we go into a bear market.
• 11:35
  SPEAKER_01: So actually it should go even further here where The projection is Q4 and
• 11:42
  SPEAKER_01: then we top out and the bear market starts.
• 11:46
  SPEAKER_01: So that's the normal part of the normal Bitcoin cycle.
• 11:54
  SPEAKER_01: Now, if there is a left translated cycle, Then you should take the middle
• 12:03
  SPEAKER_01: of the four years.
• 12:05
  SPEAKER_00: So if we also add the bear market box,
• 12:14
  SPEAKER_00: this is four year.
• 12:17
  SPEAKER_00: And the middle is here.
• 12:19
  SPEAKER_00: Okay.
• 12:23
  SPEAKER_01: If the market is gonna top in the right box, Here, then it's right translated.
• 12:30
  SPEAKER_01: If the market, so Bitcoin is gonna top in the left box, then it's left translated.
• 12:37
  SPEAKER_01: So usually any asset does a right translated cycle,
• 12:44
  SPEAKER_01: but once in five or six cycles, it will do a left translated cycle where it goes up.
• 12:56
  SPEAKER_00: And then tops in the left box and then it goes down for more than
• 13:06
  SPEAKER_01: one year.
• 13:06
  SPEAKER_01: So this would be two years and a half, for example.
• 13:11
  SPEAKER_01: That's also a possibility.
• 13:13
  SPEAKER_01: And it would still be a four year cycle because the box is four years and it would
• 13:19
  SPEAKER_01: then bottom near the same time.
• 13:24
  SPEAKER_01: And resume a new bull market here again.
• 13:29
  SPEAKER_01: So that is a possibility that we have to analyze,
• 13:33
  SPEAKER_01: which I try to cover in the weekly blogs with the Panic Drop Substack.
• 13:42
  SPEAKER_01: Right now it's too soon to tell you which one we're gonna follow,
• 13:46
  SPEAKER_01: but I do think there is a possibility after already many cycles,
• 13:53
  SPEAKER_01: which right translated cycles, that this cycle could be left translated.
• 13:59
  SPEAKER_01: So definitely something I'll be watching more whenever there is a big drop.
• 14:07
  SPEAKER_01: Maybe I could take profits way sooner than I would.
• 14:13
  SPEAKER_01: There is the risk that it just keeps running, of course, and you will make less gains.
• 14:19
  SPEAKER_01: It will be up to you.
• 14:21
  SPEAKER_01: You have people that just DCA and they don't care,
• 14:24
  SPEAKER_01: but I really like to trade the four-year cycle with my eToro portfolio.
• 14:32
  SPEAKER_01: So things look good.
• 14:34
  SPEAKER_01: Usually at the start, the moves can be very explosive.
• 14:39
  SPEAKER_01: Now, since the bear market was only eight months compared to normally one year,
• 14:45
  SPEAKER_01: I do think there is a chance That after this move,
• 14:49
  SPEAKER_01: we get a little bit of boring price action.
• 14:52
  SPEAKER_01: So you have to be careful not to get bored out and sell
• 14:56
  SPEAKER_01: because things are not moving because that's what Bitcoin does.
• 15:00
  SPEAKER_01: It goes sideways for a few months and then boom.
• 15:04
  SPEAKER_01: In a matter of weeks, it's going to be above 100K.
• 15:09
  SPEAKER_01: So you have to stay in position, forget about it.
• 15:13
  SPEAKER_01: It can drop.
• 15:14
  SPEAKER_01: If you want to buy more, you buy even more.
• 15:18
  SPEAKER_01: Eventually,
• 15:20
  SPEAKER_01: the move will happen and it really happens in a short burst,
• 15:26
  SPEAKER_01: a few weeks, we can gain 20 to 30%.
• 15:32
  SPEAKER_01: We do know October is a bullish month for Bitcoin, so I have this tool.
• 15:42
  SPEAKER_01: No, it's Research in Portfolio.
• 15:44
  SPEAKER_01: This is free to use, by the way.
• 15:47
  SPEAKER_01: It's the app that I made.
• 15:50
  SPEAKER_01: And the monthly returns are here.
• 15:53
  SPEAKER_01: So you can see here is the October box and we had 1,
• 16:00
  SPEAKER_01: 2, 3, 4, 5, 6, 7, 8, 9, 10 green months in October.
• 16:08
  SPEAKER_01: So things are looking good for October for Bitcoin.
• 16:14
  SPEAKER_01: November look a little bit bearish in the last years.
• 16:19
  SPEAKER_01: December as well.
• 16:22
  SPEAKER_01: Maybe we get some kind of pump hit 100k in October.
• 16:32
  SPEAKER_01: I'm just saying it's possible.
• 16:38
  SPEAKER_01: I'm not saying it's going to happen.
• 16:40
  SPEAKER_01: And then November, December could be a down month.
• 16:46
  SPEAKER_01: So that's certainly something that I see happening based on the Monthly returns
• 16:55
  SPEAKER_01: and usually we do see Bitcoin follow this cyclicality.
• 17:04
  SPEAKER_01: So yeah, that's about Bitcoin.
• 17:07
  SPEAKER_01: So let's talk about stocks
• 17:10
  SPEAKER_00: unless you guys have questions.
• 17:18
  SPEAKER_01: Hi Damien, thanks for joining.
• 17:20
  SPEAKER_01: Again, if you don't hear me well or the connection is bad, you can let me know.
• 17:28
  SPEAKER_00: So let's talk about the S&P 500.
• 17:31
  SPEAKER_00: So here it is.
• 17:47
  SPEAKER_00: It looks bullish to me.
• 17:49
  SPEAKER_01: It's actually consolidating a bit after this nice move.
• 17:54
  SPEAKER_01: So it made no highs in August and now it's struggling to really push higher.
• 18:03
  SPEAKER_01: I think it's because of the yields.
• 18:06
  SPEAKER_01: So yields are really high.
• 18:10
  SPEAKER_01: If you look at the yields chart,
• 18:15
  SPEAKER_00: They have been rising
• 18:20
  SPEAKER_01: really steeply, so above five.
• 18:23
  SPEAKER_01: This gives a lot of pressure on stocks that have,
• 18:31
  SPEAKER_01: let's say, a lot of debt.
• 18:34
  SPEAKER_01: They need to borrow.
• 18:36
  SPEAKER_01: And the interest on borrowing is increasing a lot.
• 18:41
  SPEAKER_01: So they are highly volatile,
• 18:46
  SPEAKER_01: but you also have inflation creeping higher,
• 18:51
  SPEAKER_01: which has an impact on consumer stocks like we saw McDonald's,
• 18:59
  SPEAKER_01: Nike, but even Amazon e-commerce is struggling.
• 19:05
  SPEAKER_01: We want to see yields go down.
• 19:07
  SPEAKER_01: I saw a statistic showing that in October the 10-year yield is usually going down.
• 19:17
  SPEAKER_01: So it is positive for stocks in October if this chart can go down.
• 19:26
  SPEAKER_01: So let's hope the stats do as they say.
• 19:34
  SPEAKER_01: So S&P, if we are going to see yields going down,
• 19:38
  SPEAKER_01: then we will see a lot of stocks moving higher again because right now it's
• 19:45
  SPEAKER_01: the semiconductors and the technology stocks lifting the S&P.
• 19:51
  SPEAKER_01: You can see the NASDAQ made all-time highs.
• 19:54
  SPEAKER_01: So that's one sector that is doing really good.
• 19:59
  SPEAKER_01: But if you look at The financials, I think they had a bad few weeks.
• 20:09
  SPEAKER_01: This is something I would buy.
• 20:11
  SPEAKER_01: So I would pick Moss Accord,
• 20:14
  SPEAKER_01: but also banks like JP Morgan, Bank of America, those are good banks.
• 20:20
  SPEAKER_01: And I do think it is a little bit too extended, so we should at least expect a bounce next week.
• 20:27
  SPEAKER_01: So that's something
• 20:31
  SPEAKER_01: You should note MasterCard and Visa are my favorite ones.
• 20:36
  SPEAKER_01: So those are the ones that I own in my portfolio and MasterCard is undervalued.
• 20:42
  SPEAKER_01: So I might be buying here next week if it stays down like this.
• 20:50
  SPEAKER_01: And then, of course, the worst sector is Staples.
• 20:55
  SPEAKER_01: And I know in the beginning of the year, I added Pepsi and that was a bad call.
• 21:02
  SPEAKER_01: I closed it after we broke back down.
• 21:06
  SPEAKER_01: And I said, I'm going to put it into more growth.
• 21:09
  SPEAKER_01: So I put it in altcoins and semiconductors.
• 21:12
  SPEAKER_01: So I'm happy I made the move because PepsiCo has been going nowhere,
• 21:18
  SPEAKER_01: but it is still a good stock.
• 21:20
  SPEAKER_01: So it's just, it's a falling knife.
• 21:23
  SPEAKER_01: So hard to catch it.
• 21:27
  SPEAKER_01: So yeah, if we go to again Pinfolio, I also have the breakdown of the sectors.
• 21:37
  SPEAKER_00: So year to date, it shows you which sectors are doing the best.
• 21:47
  SPEAKER_00: I'm letting it load a little bit.
• 21:54
  SPEAKER_01: So you can see energy still is very, very strong this year.
• 22:01
  SPEAKER_01: Technology as well.
• 22:02
  SPEAKER_01: And then you have finance that is down for the year.
• 22:08
  SPEAKER_01: Communications like Google, Meta.
• 22:11
  SPEAKER_01: Of course, those are still doing well, but most of the sector is doing bad.
• 22:16
  SPEAKER_01: Consumer discretionary.
• 22:18
  SPEAKER_01: This is your McDonald's, your Amazon, also down for the year.
• 22:23
  SPEAKER_01: And the S&P has a lot of financials and a lot of consumer discretionary.
• 22:29
  SPEAKER_01: So it needs those two to reverse for making a new high again.
• 22:37
  SPEAKER_01: Now I see a question from AD,
• 22:41
  SPEAKER_01: what's the most likely scenario for Bitcoin for the rest of the year?
• 22:47
  SPEAKER_00: Yeah, I would say,
• 22:51
  SPEAKER_00: so here,
• 22:58
  SPEAKER_00: if we can get a nice push here,
• 23:06
  SPEAKER_00: To 100k,
• 23:09
  SPEAKER_01: that's the scenario, and then down days for December and November.
• 23:16
  SPEAKER_01: So that's a likely scenario.
• 23:19
  SPEAKER_01: I think it's around 60% because it's holding up really well.
• 23:26
  SPEAKER_01: Another part is that it needs more time now.
• 23:31
  SPEAKER_01: So it's going to consolidate here and maybe drop by the end of the year.
• 23:38
  SPEAKER_01: And then go higher again.
• 23:42
  SPEAKER_01: So that's also something that can happen.
• 23:47
  SPEAKER_01: And I think the most likely for me,
• 23:51
  SPEAKER_01: I am positioned for the first one where it's just pushing higher.
• 23:57
  SPEAKER_01: And so for people who don't have a position,
• 24:00
  SPEAKER_01: I always say at least buy some Bitcoin No, because it's still low.
• 24:08
  SPEAKER_01: And if you buy any drops,
• 24:10
  SPEAKER_01: you make sure you have some cash left to keep on buying at lower prices.
• 24:17
  SPEAKER_01: But eventually, the main target is all-time highs.
• 24:24
  SPEAKER_01: So I'm not saying it's gonna be next year, but we will reach all-time highs again.
• 24:29
  SPEAKER_01: So you know buying here is gonna be still A nice 50% move,
• 24:36
  SPEAKER_01: which is outperforming the stock market.
• 24:40
  SPEAKER_01: So it's not bad.
• 24:43
  SPEAKER_01: So that's the most likely path for Bitcoin.
• 24:48
  SPEAKER_00: That's what I think.
• 24:50
  SPEAKER_01: And then some of the plays on AI that I'm watching are Broadcom.
• 24:59
  SPEAKER_01: I've been buying here as it's touching my buy level.
• 25:06
  SPEAKER_01: Then I have, of course, added NVIDIA.
• 25:12
  SPEAKER_01: It made new all-time highs Friday,
• 25:15
  SPEAKER_01: so that's one that I've been adding a lot, as I showed you earlier.
• 25:22
  SPEAKER_01: There are other AI stocks that I like, like Palantir.
• 25:30
  SPEAKER_01: And after earnings, it's now almost near all-time high.
• 25:35
  SPEAKER_01: So I wouldn't add it, but it's still undervalued based on my calculations.
• 25:43
  SPEAKER_01: So Palantir is one that I like.
• 25:49
  SPEAKER_01: And then smaller trades.
• 25:51
  SPEAKER_01: So I hold these, but with less allocation are Oracle.
• 25:59
  SPEAKER_01: I do have a stop loss.
• 26:00
  SPEAKER_01: So let's say if it trades here below 112, then I'm just going to take the loss.
• 26:09
  SPEAKER_01: But I do think with the backlog that it has, it's deeply, deeply undervalued.
• 26:17
  SPEAKER_01: So that's one play that I have.
• 26:21
  SPEAKER_01: Netflix, not really an AI stock.
• 26:26
  SPEAKER_01: It's a consumer stock.
• 26:28
  SPEAKER_01: I added.
• 26:31
  SPEAKER_01: This was a trade,
• 26:32
  SPEAKER_01: but I'm actually also bullish on it fundamentally,
• 26:38
  SPEAKER_01: so I wouldn't mind just keeping it, because this is actually a strong stock.
• 26:46
  SPEAKER_01: I personally feel it's a brand stock.
• 26:49
  SPEAKER_01: Everyone uses the word Netflix, so I really think that eventually it will recover.
• 26:59
  SPEAKER_01: It's also a small position in my portfolio, so I wouldn't mind holding it for some time.
• 27:09
  SPEAKER_01: It's not a big position in my portfolio.
• 27:13
  SPEAKER_01: And I also hold gold.
• 27:16
  SPEAKER_01: So gold is actually an asset that I think will do well in the future.
• 27:25
  SPEAKER_01: But right now it's still
• 27:31
  SPEAKER_01: digesting the move it had in last year.
• 27:35
  SPEAKER_01: So it went really parabolic.
• 27:38
  SPEAKER_01: We also sold on the way up and now it's actually the time to accumulate again.
• 27:45
  SPEAKER_01: So it could Be a good buy here, maybe make a smaller low somewhere here for a base.
• 27:56
  SPEAKER_01: But then I do think gold is gonna do well again.
• 28:00
  SPEAKER_01: So now this is just like Bitcoin.
• 28:04
  SPEAKER_01: It's a great time to be buying gold, silver as well.
• 28:11
  SPEAKER_01: It's a great time to be buying silver in this box.
• 28:18
  SPEAKER_01: It can make a slightly lower low,
• 28:22
  SPEAKER_01: but usually the bottom forms in Q4,
• 28:26
  SPEAKER_01: so that's really how
• 28:29
  SPEAKER_01: long it will take, and then we will recover and get back above.
• 28:35
  SPEAKER_01: That's generally what I think,
• 28:37
  SPEAKER_01: and it's also based on cycles,
• 28:40
  SPEAKER_01: so I'm slowly adding to my gold and silver allocation as well.
• 28:50
  SPEAKER_01: So yeah, those are really my views at the moment.
• 28:57
  SPEAKER_01: I think the main thing to remember is we are in a bull market for We are in
• 29:06
  SPEAKER_01: a bull market for Bitcoin.
• 29:08
  SPEAKER_01: You have to be in position.
• 29:10
  SPEAKER_01: I usually add like one to 2% cash every month to buy dips.
• 29:19
  SPEAKER_01: And for the rest, I try to be fully allocated because
• 29:26
  SPEAKER_01: The market is just made to go up in the long term and every drop we get is
• 29:32
  SPEAKER_01: an opportunity to buy.
• 29:35
  SPEAKER_01: And I try to buy the assets that have wide modes,
• 29:41
  SPEAKER_01: meaning competition will have a hard time to disrupt them.
• 29:48
  SPEAKER_01: So that's really my strategy.
• 29:52
  SPEAKER_01: So yeah, guys, that's basically it for today.
• 29:58
  SPEAKER_01: VG, David, thanks everyone for joining.
• 30:03
  SPEAKER_01: I will post this livestream later on Substack as well and YouTube.
• 30:10
  SPEAKER_01: I wish you all a good weekend
• 30:13
  SPEAKER_00: and see you next time.
• 30:15
  SPEAKER_00: Bye.