Latest / Earn Your Leisure / Cliff Notes: THE RICH OWN MOST OF THE BITCOINS
Transcript
- 0:00Speaker 1: Hi. I'm Sherry Harris, owner of Life Source Water. As
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- 0:32Speaker 3: So for all of you that love bitcoin is like yo,
- 0:35Speaker 3: it's going to be a decentralized platform. Look at this,
- 0:38Speaker 3: two point one four percent of accounts own ninety four
- 0:43Speaker 3: percent of bitcoin. To all this, Hey, we're going to
- 0:48Speaker 3: get off the dollar and we're going to transfer to bitcoin,
- 0:51Speaker 3: the digital currencies. And there was talk to even maybe
- 0:54Speaker 3: ten years about the marrow being a dominant force. Listen,
- 0:58Speaker 3: sixty five percent of bigcoin min and is done in China,
- 1:02Speaker 3: seven point twenty four percent in the US, six point
- 1:05Speaker 3: nine percent in Russia, six point one seven percent in Kazakhstan.
- 1:09Speaker 3: The rich own most of the bitcoin. So if they
- 1:14Speaker 3: have controlled the dollar, and they controlled all currencies in
- 1:18Speaker 3: all commodities, why do you think that they are going
- 1:21Speaker 3: to let us control a currency for the first time
- 1:25Speaker 3: in history. The game is always the same. They are
- 1:29Speaker 3: using us and the media to get us in. So
- 1:34Speaker 3: if they need to be able to liquidate at any time,
- 1:36Speaker 3: the same way Elon did, there's enough liquidity there where
- 1:41Speaker 3: there is not excessive slippage if you own eight hundred
- 1:44Speaker 3: thousand coins. At one point, we got to get the
- 1:48Speaker 3: Winklevoss twins in because without them there would be no
- 1:50Speaker 3: institutional back and forth bitcoin. They created their blueprint, but
- 1:54Speaker 3: they use US retails traders for liquidity.
- 1:56Speaker 2: Please be mindful of that.
- 2:00Speaker 3: And if bitcoin work country, it would be a top
- 2:02Speaker 3: thirty energy user. This weekend, everybody went crazy, Oh, it's
- 2:06Speaker 3: so inefficient in terms of energy.
- 2:08Speaker 2: No one was talking about this last year to year prior.
- 2:10Speaker 3: And to be honest, people do not care about privacy
- 2:14Speaker 3: or their environment. Where they can make profit, that's retail
- 2:16Speaker 3: traders included. China is number one, USA is number two.
- 2:20Speaker 3: But it is a considerable threat that we have to
- 2:22Speaker 3: consider with mining five ninety two on Tesla. I caught
- 2:27Speaker 3: her a couple of weeks ago. If Tesla gets to
- 2:30Speaker 3: four eighty, that'll be another decent spot for you guys
- 2:33Speaker 3: to start to build a position. If you're holding for
- 2:35Speaker 3: long term. Trading has considerable risk, so it does investing.
- 2:38Speaker 3: Please host for the long term. Some of you been
- 2:42Speaker 3: telling me that you want the best entries on the planet,
- 2:44Speaker 3: and I've been giving them to you, so please take
- 2:46Speaker 3: them a moment to write and chat. Just one stock
- 2:49Speaker 3: that you want me to give out for free for
- 2:51Speaker 3: night tonight? Where to get in? I got the question?
- 2:56Speaker 3: Is byd worth investing in? If you don't have it,
- 2:59Speaker 3: please put it on you and watch list. Yes, it
- 3:01Speaker 3: is definitely worth investing in. On the stock club called tonight,
- 3:04Speaker 3: I'll give you guys the price of what.
- 3:06Speaker 2: To jump in.
- 3:08Speaker 3: I'll touch on this really quick. I know some of
- 3:10Speaker 3: you are sorry to say that you don't like reading.
- 3:12Speaker 3: If you don't like reading traditional books, audio books is fine,
- 3:15Speaker 3: and speed them up and if you can play them
- 3:17Speaker 3: on one point five, that's better. I want to tell
- 3:19Speaker 3: you this, A man with no knowledge is the easiest
- 3:21Speaker 3: person to rob in business. I need you to arm
- 3:25Speaker 3: yourself the more information that you know, and everyone has
- 3:29Speaker 3: a unique gift or a unique insight. Like to be honest,
- 3:33Speaker 3: when I got on Live after we start doing market monders,
- 3:37Speaker 3: I get on and watch Trap. I don't think there's
- 3:39Speaker 3: any retail investor on the planet that's better fundamentals in Trap,
- 3:43Speaker 3: not one like I would get on and be marvel like,
- 3:45Speaker 3: oh my God, like thank God, that's my guy. We're
- 3:49Speaker 3: not competing, right, I think when it comes to entries
- 3:53Speaker 3: that got the best entries on the planet, I think
- 3:56Speaker 3: Troy and Rashot has done the best, and they're showing
- 3:58Speaker 3: you in real time how to I have several assets
- 4:01Speaker 3: working for you at one time, and that gym that
- 4:03Speaker 3: he put out this morning about a certain amount of door,
- 4:05Speaker 3: a certain amount of coins, certain amount of shares fire,
- 4:08Speaker 3: You guys need to go implement that. But until you
- 4:11Speaker 3: begin to arm yourself, you're always going to be at
- 4:14Speaker 3: the mercy of someone else.
- 4:15Speaker 2: And I did not want that.
- 4:17Speaker 3: I told you guys before Square is a new JP Morgan.
- 4:20Speaker 3: I'm going to give you a hot take. I think
- 4:22Speaker 3: GM is the Microsoft of electronic vehicles. Everyone's trying to
- 4:25Speaker 3: see who's going to surpass Tesla. Sometimes you have to
- 4:29Speaker 3: invest in the number two and be happy. And I
- 4:32Speaker 3: don't like many automakers, but with all the competitors that
- 4:36Speaker 3: are there, GM is going to be a solid number
- 4:40Speaker 3: two or number three in the space that's going to
- 4:41Speaker 3: do well for a long time. And I want touch
- 4:45Speaker 3: on this really quick about Elon and it is history
- 4:46Speaker 3: in South Africa. So anytime I post about Elon, someone's
- 4:50Speaker 3: like yo, but his dad owned the mind and he
- 4:53Speaker 3: used the people in South Africa, and that's true. I'm
- 4:58Speaker 3: going to say this again. There are no Fortune fifty
- 5:02Speaker 3: companies that have a clean history. You guys are telling
- 5:06Speaker 3: me this and arguing with me about this on an
- 5:08Speaker 3: iPhone and the materials gathered from or to put to
- 5:14Speaker 3: make the chips to go into the iPhone are gathered
- 5:16Speaker 3: by children while wearing j's And we've known.
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- 8:11Speaker 3: Decades the Nike has used child or slave labor. There
- 8:16Speaker 3: is no such thing as one hundred percent clean capital
- 8:20Speaker 3: that does billions of dollars per year.
- 8:22Speaker 2: I hate to break it to.
- 8:23Speaker 3: You, so yes, I know Elon family has a different history.
- 8:30Speaker 3: I also cannot take away the work that he's done
- 8:32Speaker 3: since nineteen ninety nine. And also, I want you guys
- 8:36Speaker 3: to stop looking at people as deities and gods. Even
- 8:40Speaker 3: when I'm at some of these ones and you're like,
- 8:41Speaker 3: HOWLL lookup to you, you to go, I'm like, I'm a
- 8:43Speaker 3: normal person. The only thing I did was choose to
- 8:46Speaker 3: look at this for hours a day for years. You
- 8:49Speaker 3: have the same gift inside of you, But there is
- 8:52Speaker 3: no clean capital if they're making billions of dollars And
- 8:54Speaker 3: being real with you, here the six principles to master
- 8:57Speaker 3: the market, and I'll put this out in twenty seventeen,
- 9:00Speaker 3: but I think it's more relevant than ever.
- 9:02Speaker 2: Number one, do not lose money.
- 9:05Speaker 3: I know somebody's gonna say, how do you do that?
- 9:07Speaker 3: By investing in assets to have a low probability of
- 9:11Speaker 3: losing money?
- 9:13Speaker 2: Right?
- 9:13Speaker 3: Number two, don't forget rule number one, which comes from
- 9:15Speaker 3: war on buffet number three for my traders, only take
- 9:19Speaker 3: trades that will not lose. We all know a trading setup,
- 9:23Speaker 3: whether it's a breakout, mean reversion.
- 9:26Speaker 2: We got a double top, head and shoulders.
- 9:28Speaker 3: We got a couple handle pattern, doing a prime time
- 9:31Speaker 3: that we know is gonna win. The biggest mistake that
- 9:34Speaker 3: we make is traders is taking trades just because we
- 9:36Speaker 3: want to take one shout out to the dream Team.
- 9:38Speaker 2: That's why I'll tell you guys, take perfect only. Rule
- 9:41Speaker 2: number four.
- 9:42Speaker 3: Compound your contracts or stocks after you have mastered your strategy,
- 9:49Speaker 3: so at some point you have to scale. So if
- 9:52Speaker 3: you're trading futures and you're only trading two contracts or five,
- 9:56Speaker 3: you're a captain how much you're gonna make.
- 10:00Speaker 2: So I'm going to challenge Dreaming Team.
- 10:01Speaker 3: I need you guys to start compounding your contracts, like
- 10:04Speaker 3: go from four to eight, sixteen, thirty, two sixty four.
- 10:07Speaker 3: And then for those of you that are buying shares,
- 10:08Speaker 3: if you buy one hundred shares at a time, when
- 10:11Speaker 3: it gets to an ideal position, you have to go
- 10:14Speaker 3: two hundred, then four hundred, and then once again going
- 10:17Speaker 3: back to Taryoo shot, you're seeing them double down on
- 10:19Speaker 3: content and real time. We'll started the show like listen,
- 10:22Speaker 3: we got this today, this tonight, this pot. You're seeing
- 10:25Speaker 3: them compound once they have a system that works. Please
- 10:29Speaker 3: put in chat compound when I have a winner, until
- 10:33Speaker 3: they don't do anything. Number five, focus on the long
- 10:37Speaker 3: term portfolio, even if you have huge gains in your
- 10:40Speaker 3: short term account. Go look at the billionaire list I
- 10:45Speaker 3: talked about on Forbes. There are no traders on there,
- 10:47Speaker 3: with the exception probably appall to their jones. That's one
- 10:50Speaker 3: out of millions. You have to have your money work
- 10:53Speaker 3: for you. And rule number six, never give up more
- 10:55Speaker 3: than one point six percent on any one particular trade.
- 11:01Speaker 3: If I regrets of the dying, I'll touch on these
- 11:03Speaker 3: real quick when we get my guy mat On.
- 11:06Speaker 2: Number one, you.
- 11:07Speaker 3: Wish that you had the courage to live the life
- 11:09Speaker 3: that you want. I want everybody to put in here
- 11:12Speaker 3: and what is your dream life? Number two, I wish
- 11:16Speaker 3: I hadn't worked so hard.
- 11:18Speaker 2: Man.
- 11:18Speaker 3: I can't lie like Wednesday hanging out. I'm like you
- 11:21Speaker 3: got bu this bar like Troy, let you Li's sent
- 11:22Speaker 3: up another to beat up. Go on to meet up
- 11:25Speaker 3: tour because we need balance and truth be told I've
- 11:28Speaker 3: never been at a funeral and thought about doing more work.
- 11:32Speaker 3: There's a place for hard work, for sure, but there
- 11:35Speaker 3: has to be balancing there. Number three, I wish I
- 11:37Speaker 3: had the courage to express my feelings, and especially as
- 11:40Speaker 3: black men, we have to do a better job.
- 11:42Speaker 2: Of saying, Bro, I'm sorry, Bro, I messed up. Bro.
- 11:46Speaker 3: Can we talk opposed to harboring and holding these feelings inside?
- 11:52Speaker 3: Number four, I wish I stayed in touch with my friends.
- 11:54Speaker 3: We talked about this last week on the stock club call.
- 11:57Speaker 3: I know some of you are leveling up and your thinking, like, man,
- 12:01Speaker 3: my friends aren't leveling up with me, so I need
- 12:03Speaker 3: to leave them to the side. That is the biggest
- 12:06Speaker 3: mistake you'll make. There is no business book or Excel
- 12:10Speaker 3: sheet or amount of money that would make you so
- 12:12Speaker 3: happy that if you lose your best friend that you've
- 12:14Speaker 3: been cool with since nineteen ninety one, that that book
- 12:17Speaker 3: is going to hold you tight and be there for you.
- 12:21Speaker 3: Friends and friendships and relationships are the real equity that
- 12:24Speaker 3: matter the most. Number five, I wish that I had
- 12:27Speaker 3: let myself be happier. Everybody put in chat. I deserve happiness,
- 12:32Speaker 3: every single one of you, and I know everyone's fighting
- 12:34Speaker 3: a battle and going through something, but we all deserve
- 12:38Speaker 3: to be happy.
- 12:40Speaker 5: My graduates from my school being forced back drop drop
- 12:46Speaker 5: my drop, back drop drop.
- 13:00Speaker 6: An illegal alien from Guatemala charged with raping a child
- 13:03Speaker 6: in Massachusetts. An MS thirteen gang member from Al Salvador
- 13:07Speaker 6: accused of murdering a Texas man of Venezuelan charged with
- 13:12Speaker 6: filming and selling child pornography in Michigan. These are just
- 13:16Speaker 6: some of the heinous migrant criminals caught because of President
- 13:19Speaker 6: Donald J. Trump's leadership.
- 13:21Speaker 7: I'm Christy nom the United States Secretary of Homeland Security.
- 13:25Speaker 7: Under President Trump, attempted illegal border crossings are at the
- 13:29Speaker 7: lowest levels ever recorded, and over one hundred thousand illegal
- 13:33Speaker 7: aliens have been arrested. If you are here illegally, your
- 13:37Speaker 7: next you will be fine nearly one thousand dollars a day,
- 13:40Speaker 7: imprisoned and deported, you will never return. But if you
- 13:44Speaker 7: register using our CBP home app and leave now, you
- 13:48Speaker 7: could be allowed.
- 13:49Speaker 6: To return legally. Do what's right. Leave now.
- 13:53Speaker 7: Under President Trump, America's laws, border and families will
- 13:57Speaker 2: Be protected sponsored by the United States Department of Home
- 13:59Speaker 2: Secure like