LUC Deep Dive 12/7/24
By On The Path To Freedom
Summary
Topics Covered
- Markets Are Built on Human Psychology, Not Fundamentals
- Creating Your Own Family
- Group Think Is Predictable Every Cycle
Full Transcript
the best use of the Q&A questions is for you guys to kind of assess like where am I at what does the next level look like on a more micro sense right not like the
most macro goal but what is your personal like next level look like and then like what are you what are you struggling with in like bridging that Gap right so like sometimes it's
sometimes it's like mindsets or beliefs sometimes it's like actual knowledge sometimes it's like an inability to properly think through the
problem sometimes it's like action-oriented like these types of things so obviously our curriculum is very uh very multifaceted right this is
like an alternative to the education system largely focused in in the financial areas so some of you are going to be more uh focused on the internal
stuff right now some of you are going to be more focused on maybe stocks some of you are going to be more focused on crypto right now some of you may be diving into the trust stuff some of you may be getting funding
right now so like that's what's cool about the group these Q&A calls they never really get old and we can literally pingpong from talking about
ego death or Kundalini Awakening to technical analysis in a matter of 3 minutes and so uh I personally enjoy that hopefully you guys do as well I'd
get a little bored if all I had to do was uh sit up here and do charts or something because that's that's not why I'm on Earth but it is an important skill set so all right can everyone see
my screen cool all right so look first and foremost uh Fibonacci is and yes if you're new here
we're referring to the same Fibonacci that you see all throughout the Universe the sacred geometry the spiral of life it
also applies with Investments not just stocks not just crypto it's really any any charting so the main disclaimer that I want to
give is just that a lot of you are um asking me questions that Mary Lee answers on a week basis on her trading
calls and so like if you're not I'm not a I mean I'm great at technical analysis but it's just like not what I love to do nor is it like productive for me to be
asked this like constantly so I'll behoove you guys now especially because this will be recorded but I have gone over this like on at least two other
occasions on live q&as that were recorded and are in the curriculum but people seem to like to skip over that and then ask me repetitive
questions in slack which I understand to a degree I get it but at the same time um I believe maybe Mary Lee can drop in the chat if she's on here but I'm pretty
sure she's done an entire minseries on how to use Fibonacci so that's why we brought her on guys that's why we have her on the team that's why we had her
build out curriculum uh so just keep in mind like you know I'm not going to cover this as in depth as a technical analyst would all right so Fibonacci let's uh what the hell does that mean
what is he talking about let me just like move this up here okay so if you go over here on trading view you have your different uh you have your different
patterns right now we've been talking about Elliot wave a number of times
recently all charts I don't care what asset follow some form of Elliot wave pattern here are your options generally
now they don't always have to follow a 1 2 3 4 five um and then corrective patterns downwards are a little bit different but in general all charts
follow uh some form of Elliot wave and that's extremely helpful to understand because it keeps you like just at a foundational level that keeps you out of
the mindset that I already see some of you falling for which is like oh this time is different bitcoin's never going to go down Etc it's like no the nature of markets is Cycles there's never going
to be an asset that doesn't go down because we're not assets don't trade based on the fundamentals of the asset they trade based on human psychology and until we're [ __ ] cyborgs or
transcended you're going to have Market Cycles just letting you know and Fibonacci you can and Elliot wave you can think of as technical math
mathematical ways to predict human psychology hopefully that makes sense that's why we have these weird charts and that's why technical analysis works
if it was all robots it really wouldn't work the same so anyway now we also have something called
um trend-based FIB extension now to clarify the question that I'm answering which I'll get to in a second the question I keep getting is about exit
levels so how many of you have seen uh our Luc buy Zone and pick list and how we have specific exit levels or Price targets have you guys
seen that so uh some of you guys your question is more like well how did Jeremy come up with that I want to be able to do it on my own absolutely I agree I want you to be able to do it on
your own and then others of you are like more like well I'm getting different numbers than you so how do we do this right and then um I'm getting the sense that people don't appreciate to be told
to check out YouTube to kind of learn this that's what I paid you for
Jeremy so here we are uh happy to help uh but this is not you know my particular passion but here's kind of
how it works so as I said most charts follow a Elliot wave patter patter that's going to look something like this you're going to
have see this is where it gets complicated all right so let me back up let's go to the S&P all right so we're going to make
this a six-month chart so that you guys can see what I'm kind of talking about here all right so here's what's conf confusing about Elliot wave and why uh
some of you may have felt like I was giving not giving you enjoyable answers when you were asking like just tell me how to do it well and this is something I I talked to Mary Lee about recently as
well anyone who like is good at technical analysis you kind of understand that there's not that many like hard steadfast rules so if you're new here or if you're not you guys can
see up here that I changed this to the six-month chart so this little like chart pattern that you're seeing while it may look small this is dating back to 1993 okay so this is a shitload of data
that you're looking at all right so Elliot wave can be uh sorry yeah that's correct Elliot wave Elliot wave
can be used on the lower time frames or it can be used on the higher time frames and that's where it gets confusing because if you guys are trying to do this on your own then you might be using
a different time frame and being like yo my numbers are way different from Jeremy's numbers so here's the thing okay so this
is a reasonable drawing out of a five wve Elliot wave pattern on a very macro timeline okay
now I'm going to bring this into the weekly and we're going to see what we're looking at okay
so as you can see things are a little different when you zoom in on the weekly okay now let's kind of stay here okay
so now within the most Mac remember 1993 all the way to now you have this massive what you would call a secular Trend you guys should notice that I use the word
secular a lot secular trend is going to be more of a longer term Trend that's how I invest that's what the Lu focuses on right we're not day Traders we're not
swing Traders so now that 1 two 3 4 five is still going on on the higher time frames all
right however you come into shorter time frames and you also have many 1 2 3 four FS right so for example you might call
this wave 1 down to wave two and we're still in wave three right now or you I guess yeah no you can't
call that wave three because wave three always needs to be bigger than wave one okay so anyway I'm just all you guys need to understand is just at a technical
um more like at a at a conceptual level sorry and then we're going to go down to like the 4our chart okay so I can show you one more example remember this is all the same
exact same position right you see all these weird lines still on there now this might be
your okay let's say that's your one no I want to change that disregard that all right we'll go that's
your one down to your two and your three is still going then you're going to have your four and your five right and if I wanted I could
really come down to the one minute chart so you understand every single Candlestick right here is only representing one minute we started at every Candlestick representing 6 months
so when I say zfo Zoom the [ __ ] out this is the exact opposite of you're looking at a stock under a microscope
okay now you have the same thing that occurs but on small time
frames so beautiful one right here all of this guys is in the same same trading day all of this is one
day okay now you go from the bottom you might I've had a leg one two a two and then maybe you would say that you know
there's different arguments and this is where the Nuance is is like was this3 or is this3 anyway we're going to call it that
and go up to five okay so now let's go back to the sixth month and you have all sorts of different Elliot waves going on Within Elliot waves right how many of you have
seen the movie Inception right you've got like [ __ ] universes within universes okay so why did I just break
that down for you just to explain to you guys I'm never approaching you guys' requests or questions or explaining things or trying to be more helpful from
the perspective of being a dick that's never the intention it's just that some things I cannot explain in slack right
and you guys want me to try to fit Square pegs into round holes and it doesn't always work very well so now we
can go back to Rune and maybe come over to the two we chart okay so why do I keep talking about Elliot
wave when people asked about the Fibonacci well this is why let's go I actually don't like that one let's go to AMD I saw some of you
ask about AMD okay it's absolutely beautiful cup and handle but we will remove that for
now all right so as you can see I actually already charted this for myself so you can see that
okay 0 1 two 3 4 all right so if we draw this out like this a little
bit that okay all right here's the answer you guys are looking for so when you go over here and you go to Trend based FIB
extension the way that um I typically use for our price levels is drawing from so it depends
where the stock is in its evolution of its own five wve pattern right so in an Ideal World you draw from the bottom of two up to
three and then you pull it back to four and what you'll notice when I did that is the
1.618 level right here what people refer to uh who do technical analysis they call this the golden FIB level that's that
1.618 that's like what what uh you guys constantly see me posting in here because you can say with high conviction that that price Target is likely to get hit now what you see a lot on the
Internet is people are throwing out like 3618 4.236 levels like these uh moonshot levels that the asset may get to
but I don't personally like to bank on that okay so anyway I want you to notice how closely the
1.618 which I have anticipated for the end of the wave five lines up with when I drew it from the bottom of two to the
top of three and I pulled back to four okay so that's how you use the trend based FIB once again
you click the bottom of two you drag it up to the b top of three and you pull it back to the bottom of four now here's why this is hard to teach and why I
don't know how productive this even is for me to explain to you right now well because what I'm showing you is that you you can't even use the trend based FIB
if you don't understand Elliot wave and that's not something you can understand from me doing this right now like some of you are probably like I'm more confused used them before yeah welcome
to technical analysis it just takes time and and Reps right and not everyone wants to do that which is why we do this
for you guys right all of it is laid out for you with the price targets now you guys can have a better sense of how I
got them but anyway so let's go through like a few different examples now with some of the you guys asked me about a
few gaming tokens like you know um like sand for example all right so this is a perfect chart actually for me to show
you can you guys see this right here let me bring it down to the two week because this is a thing of beauty okay this is a you're not going to get a cleaner five wve Elliot pattern than this
okay goes straight up into wave three can everyone see how that worked let me uh that's what that looked like now
normally that's not normal but welcome to crypto so you go from the initial a five-wave bullish pattern has
to start with what's called an Impulse wave which means that the like downtrend is clearly over and it has been broken in this case I mean the chart is just starting so we don't have like Data
before that but that's clearly an Impulse wave if I've ever seen one and then you go up and then you figure out the pullback and once again I'm not going to
go into all the rules of what how to draw 5way patterns and all that that's what I would recommend YouTube for or books or whatever you can find online or
Mary Lee I just use it how I use it and so here is an example of how I could use that so I would come over here now that
that's charted and I would go to the trend base FIB okay and I would go from I there's a few ways that I could do it by the way and that's what's annoying about it in giving you guys answers
because I could go from the bottom of two to the top of three and pull back to four okay but that gives us even the highest price
prediction is already been surpassed right because we're using an old five wve pattern right
okay so another thing we could potentially do if we were looking at very high time
frames is we could just go from whoops didn't mean to click that we could do the trend guy and we could go from the
bottom to the top all the way to the bottom let's make sure that that's the bottom it's not the
bottom boom okay all right so you go from the very bottom to the very top when you're
looking at higher time frames and then back to the steep pullback that is what I did for a lot of these crypto coins because you weren't
you're not able to chart it you don't have the price action right we our only options on this was for me to chart the 1 two 3 4 five in the past which you
guys saw if I did it how you often do Elliot wave Trend based fibs it gave me price targets that were not even to the previous all-time high which anyone who understands crypto knows that altcoins
are unless it totally sucks and the project died are going to at least hit all-time highs and then soar well beyond if it's a half decent coin so I can't use
that so what do I have left well I could chart a new five-wave pattern but there's not a new five-wave pattern over here because we've been in
a we've been in a threeyear 97% correction welcome to crypto imagine
holding that one so the downtrend by the way downtrends follow it as well was kind of something like
this a downtrend five wave right Which is less common you typically see a ABC corrective anyway I know I'm probably confusing the
[ __ ] out of some of you but I was forced to answer this so um now if we already had more price action here then it would be easier for me to go yeah let's check out from wave
two to three and pull back to four to see where we're going to end up at wave five but we don't have that data right so all I did once again and you guys will see the lineup when I do this here
again I went from the bottom to the top and I pulled it back right to the bottom you guys see that Wick right there that's it so to the
peak bottom Peak top okay now what are these levels it's giving me notice anything about these levels I obviously need to adjust this a
little bit CU my levels are a little off all right notice anything about these levels particularly
the 1.618 and the 2618 they seem to align oh you know what it probably is is
because I probably did that before we ever hit that low actually might be this guy anyway one of my three guys is a little off which is
why you can see it's a tiny bit off but this is negligible super negligible my point is just where does Jeremy come up with this stuff you can clearly see these are the three price targets that
you'll find in there low medium high risk we have our level one our level 1.68 and our level 2.68 so that's all that I'm doing for
the um for the price targets guys and as you can see uh if you're at all following what I just kind of went
through in its totality the reason this stuff is difficult to teach is because it's not a hard
science right there is no hard science I could show you four ways to do the same chart and use fibs in a different way and that's what makes a market a market
if everyone agreed this is the price Target this is where we're going you wouldn't have a market you have to have buyers and sellers you have to have people that are
like there's no way is getting to $300 so they sell calls and then you have people who go I'll bet my [ __ ] Grandma's kidney it's getting to $300 so
they buy calls and then you have market makers in the middle who sell both of those people set assets right and you have people who
are like so [ __ ] zoomed in on the five minute chart who are like you know your day Traders with using a shitload of Leverage and sometimes blowing up
their accounts who are using similar tools but they're so zoomed in that when
they do when they do uh a fib it might look like this I mean yeah that's a pretty perfect one uh let me spread it out so you guys can see how that actually looks right so
can you guys kind of see how that followed that pattern so once again wave three typically needs to be um the majority of the of the like size
but sometimes five can result in a blowoff top it depends on the momentum so that's a almost perfect pattern and so this person is going to go like this oh I charted that wrong but anyway
this person's going to go like this and then they're going to put pull back to four and then this person is going to be like yo my most bullish price
Target is this 2.68 level right which we're going to change to this color and then we're going to delete
this and we're going to go back to the two we whoa all right let's back up cool so can you guys see the problem with
that is that the most polish level you're too zoomed in right so people who it's like no one is wrong
is like what time frames are you trading so if you guys are doing this and you're practicing and you're like I'm doing it wrong I'm getting different answers than Jeremy
congratulations you're you were programmed by the education system there is no right or wrong answer this isn't a memorization test this isn't your SATs
it's learning how to critically think and defend a thesis if you can defend your thesis and understand your thinking congratulations you're not
wrong and that's what's beautiful about the market there's it's not black or white right many people can win in many different
ways so for me I'm going like yo let's Zoom the [ __ ] out you guys know what I love to do no
more beautiful zfo chart than Tesla right so I'm out here like looking at it on this time frame so I see these people on Twitter like like you know
just sold all my Tesla or you know it's going to go into a serious correction and I'm just thinking like these poor poor Mortals they've never looked at a monthly chart of Tesla in their life
they don't understand what this is right but in their defense most people are not you know
they're not operating on those kind of time frames so once again to me I'm like I've never seen a cleaner setup it doesn't that look pretty
accurate here guys and and each of these consolidations was many many many years and so of course when I go to draw my fibs then I'm more so like looking from
the bottom of that guy to the top of this guy and can you see that perfect lineup by the way guys I had 747 mapped there I'm doing it a little sloppy right now but it's basically the same and then
I had 1,151 mapped there and it's basically the same right so where is he getting these this is how I'm getting these now once again that's on a larger time frame
and that's why I don't try to predict the market so when I'm charting in this way I can tell you with absolute certainty that Tesla will get to these
levels it is a fact of the universe unless sacred geometry is no longer applicable which if that's the case we have bigger problem
problems but I cannot tell you when I cannot tell you this is what's going to happen next week that's what Traders try to
do I don't know I simply know that you never want to fade a secular Trend and I spend all of my time bandwidth and gifts on figuring
out what the largest asymmetric risk return secular Trends are to be positioned for
so hope that helps um last thing just in case you're not reading between the lines I typically like to use the 1.618
for the kind of uh the base case price Target that I'll be you know taking well I'm not always taking profits at like for example Tess I price
still won't sell any because it will never return to these levels again but especially with the cryptos that we were just going
over um the 1.618 is typically going to be the uh kind of like moderate low to moderate risk price Target level and
then it's going to be the 2.68 that is more of the up here that's more of like the momentum could take us there but I'm not like counting on it
like I don't need that to happen I'm not going to be like sitting here like not selling a single dollar until it hits 2.68 like that was how some of you guys
had your allocation set up and we made sure to like you know really uh help you guys shift out of that and
understand why you're risking way too much if that's your strategy um however coming back to the Nuance that can
sometimes be annoying at least for newer members our first price Target on some of these altcoins
is just the previous alltime High see that that I'm perfectly aligning that it's covering up the first price Target level well that's
because my friend when something has run let's let's check this out when something is up 3,772 per.
do you really need to hold out for an extra 64% to risk a downside of
96% my math Wizards does that math does that math math 3,772
per. if you're upset at
per. if you're upset at that I don't know what to tell you so yes once again if this were easy I
would have made a little you know black and white not color but in thought process little PDF and it would have just been here's how you do it that
isn't how the world Works everything about how I teach you guys everything what is like probably my most used word of 2024
Nuance Nuance it is a sign of intelligence to acknowledge nuance it pains me when people just answer questions black and white here's how it
is these are the facts this is how you do it you're wrong if you think a different way that's very unintelligent right and so even for me like I'm constantly
trying to simplify for you guys because I understand like I get it right I was in your shoes like what the [ __ ] is all of this I have too much to learn I don't have enough time I have other things on
my plate I'm trying to build a business I get it I would like to be able to make it more simple for you but I didn't create the
universe and uh the universe seems to be complex and we're trying to chart fragments of the universe we're trying to distill it down to this perfect easy
little chart that always follows the same rules and that's a very like that's just some [ __ ] that the ego
would do that doesn't it doesn't doesn't work like that we can't we can't distill nature down to a black and white rule
all the time and this is why I spend so much time overe explaining things I mean what time is it so we're 43 minutes into the call and all I've all I've shown you
guys is some squigglies on a chart and that's because if you don't understand me explaining it from nine different angles you might actually think shit's
easier than it is and that there's not Nuance in absolutely everything so all I care is that you guys are better equipped as at as to how to think these
things through right there is no like we're not giving you guys multiple choice questions in kajabi that's like where is the 1.618 FIB on this chart that you just watched and you have to
answer it before you move on to the next video like it's not it's not like that is do you know the thought
process and the last thing I'll say is that this is just one way of doing it one way you don't even have to use you
never have to even use that um tool called uh Fibonacci it's just something that I like to use so some people set
price targets based on comparing coins within a like similar coins right you compare one AI coin to another AI coin and you're like well this one is at this
value so this one needs to 10x to be the same value and this is a better coin that's the extent of a lot of people in cryptos kind of
thesis then you have you know people who look at total total addressable Market there's a lot of ways to make price Targets in the stock in the stock
market the popular approach for decades is what's called a discount cash flow model where you're modeling Out Future cash
flows factoring in for certain things and it can tell you with relative accuracy um future price targets like what a
company is actually worth fundamentally um problem is that doesn't work too well with crypto because uh the confusing thing for a lot of um Wall Street about
crypto is well most of these projects they don't cash flow this isn't a business it's right it's kind of weird in that way so that's why
Wall Street was like for a long time they didn't know how to Value these they didn't understand what the hell this is they're like this is a Ponzi scheme if it's not making cash flow if there's not a
CEO like who's the customer you know like they didn't understand um so anyway I'll stop ranting now we
have uh question from Luke how should we approach credit after one has an LLC I know that you still use business credit cards even though you
run the business out of your trust I'm trying to Envision what I should be working up to in regards to how I could be operating personal and business credit
wise assuming the long-term goal is to live out of the private trust do you put personal spend on your business credit card cards yeah
absolutely so a lot of the a lot of the best cards in the world are are business cards um not all of them but you know some of the
the chase cards the MX cards um the majority of the of the best like points and cash back and all that is going to
be on the business side so what I like to do is I kind of set up so have my
um the way that I look at llc's is that they're excellent vehicles to use for credit so like those of you who are in sta or on the trust side sometimes we
get questions around getting funding for the trust and my thing is uh you can definitely like do that but what I like to do is I just
keep the trust its own thing and then I have LLC that I don't even need to like put in the trust or anything like that I don't even use them for like
Revenue I just get funding and then you just you just use them so I mean I've I assume you're asking that because you've heard me talk about
before as well like I have um business credit cards from businesses that I basically like let dissolve I just didn't like formally close it with the government but like I never renewed it
and nothing nothing happens so like I mean I kind of just view them separately um let me make sure I'm answering the totality of your question how should we
approach credit answer that try to Envision should be working up
to yeah and then on the personal side uh of course personal credit is great as well getting that as high as you can in terms of um how much like available
credit you have on your file is going to be excellent and then like you know every 3 to six months trying to get um credit limit increases and you know the
typical credit hygiene but outside of that like for for the majority of like lifestyle spend I just go on um I just play the you know
the credit card game of like which uh I try to get a card that is like the industry leader for cash back on gas I try to get the card that's the industry
leader for cash uh cash back on like depending how you spend right so you kind of want to break down your lifestyle but for me like business expenses or like anything R ran through
PayPal or Facebook ads or certain things is like 4% cash back on like a MX gold if you travel a lot which I know you do Luke um the nothing's going to top the
MX platinum and then like uh we like to eat out a lot um I think the industry highest is going to be 5% back on on um
dining which is going to be great and then uh Amazon I buy a lot of things from Amazon there's a there's a Chase what is it I think Chase and
Amazon partnered and um there's a there's a 6% cash back on everything spent everything bought on Amazon so like that you know I just kind of like
hack my life that way and I never use a debit card like I'm I'm adamantly against that I just put all my entire Lifestyle on credit cards and I
just pay it off all the time constantly and I just get the points and I think people are slipping like overlooking a
easy opportunity like if if everything in your life becomes 5% off then you basically ju just reduced your monthly expenses by almost 5% depending like you
know how much of your monthly expenses come from spend versus um fixed things but that's something that I like
to do um let's see anything else put personal spend on your business credit cards yeah and then as far as not putting personal spend on business cards
I remember my you know like CPAs back in the day they kind of like put the they put the fear of God into you right like like never put a business transaction on
a personal card you won't be able to write it off or like Vice vers it's like yeah that's highly unnecessary so that's just
a little bit of a deep programming process put whatever the hell you want on whatever the hell you want um that line of thinking is the
same line of thinking that lives their life in a way to prepare for an inevitable audit and that's just not
how we live so that's what I'll say about that got a lot of LLC questions let's see okay
so Nate asks I'm contemplating folding my LLC by the end of the year here to avoid needing to discharge the business credit cards that I've taken out
individually I intend to reestablish my business as a Ministry with with a trust oh I see what you're saying with the trust for my assets and
property I anticipate joining sta by the end of q1 2025 what did the process of folding your business SL filing bankruptcy look like for you what wisdom would you share
regarding the lessons youve learn doing this what are some prerequisites that you would recommend
doing to start getting prepared for this process so luckily for you um super easy
answer very easy to over complicate this stuff uh so first and foremost uh I've never filed bankruptcy um it's
unnecessary I know you know Trump likes to do that and sometimes there's value in doing that on the personal side if it's going to be less work than
uh you know if you have so many accounts to go through credit repair I could maybe see case but generally you want to avoid
that so really the process is not so much I wouldn't so much think of it even as folding your business or filing
bankruptcy you're just transitioning from operating out of this public entity that's been taking in taxable Revenue
into a taxable bank account under a taxable Ein and you're just letting that inflatable deflate it's still going to sit there
it's just deflating and you're not going to renew it uh right because all these states charge renewal fees and blah blah blah
and you're no longer going to use the uh business bank account or or the Ein so it's basically just going to sit there and then you're just going to learn
through whether you work with someone else or or us you basically just need to learn how to set up an entity that
cannot earn Revenue that takes tax exempt donations and then the accounts
that you live out of and take cash flow into are um non
taxable so it it's as simple as that um anything else is just trying to get super
technical and and is unnecessary um I would just think of it is letting that thing be not messing with it and moving over here and like I
said um when when people do that um depending on your standing with like credit cards and stuff like that that is something
that you could continue uh using the credit cards I think you mentioned something about needing to discharge business credit cards so the discharge process doesn't
work with uh I just want to make sure you're clear um the discharge stuff doesn't work on the the business side what will happen is that business credit is
typically um personally guaranteed and so when that when you default on that then uh it's going to show up on your
personal credit as Now personal debt or collections or charge offs or whatever and then you'll just do the personal credit repair or discharge process to
get that off of your um person's credit so um you know unless you have a massive business out the gate virtually any business credit and this is applicable
for pretty much anyone in here all business credit is pretty much going to be personally guaranteed and once in a while you can luck out and get some sort
of non-recourse loan or non-personally guaranteed loan uh on the business side but it's very very rare because typically for them to do that they're going to want like collateral or they're
going to want to look at your assets when you're a business who's needing funding typically that's you're not in that situation right um where you're
already crushing it so uh that's what I would say about that um yeah I don't I don't want to get too much into anything else there what are some
prerequisites no prerequisites just make sure to um close your bank account the business
side and uh make sure not to have any money in there and um understand that credit and your relationship with the
banks is totally independent of the IRS I think where where people get a little like confused or or
like caught up mentally is thinking like that their relationship with
um like for example if I use this credit card then the IRS will blank or whatever like
a like those are separate things so like whether we're talking about a um bank accounts that you're using
or credit cards that you're choosing to use or whatever that's a separate conversation from talking about um the IRS and and their processes
and all that uh I don't know if that makes any sense but like when I was newer to this stuff I I kind of used to blur the two because CPAs kind of make
it seem like they're the same thing um but they're totally not and once again case in point I'm using my my everyday
card in 2024 for that I most use is an MX gold on a business that I haven't used since 2019 it doesn't file taxes it
doesn't even really exist but I didn't like formally you know go through the government processes to like close it or whatever um so hopefully that makes
sense um just so i' add that as a site note all right more funding
questions how has your OPM game progressed along your journey many of us are doing the credit card OBM play so far I've only done
personal on my next funding round I plan to see I plan to season a few businesses are you still using OPM if so
are you gaining access to higher level OPM plays now good question so I'm actually not I've talked about this
before but um we so I I'll kind of backtrack and and take you guys on a little journey of
like because a lot of you are are 2023 2024 or newer members
so um we started out teaching investing uh well we started out out like initially not even this wasn't even anything to do with wealth group but then when we transitioned we started to
teach wealth in in 2020 and um I never intended to teach like anything about credit or funding or
anything like that it was just like a I guess I could call it a a hobby but it was just something I was doing in my personal life right like learning how to Manufactured spend and the whole points
game and the best cards to get and um so I'd worked with like a number of mentors and been in different groups and all the travel hacking and you know all that [ __ ] it's like a full-time job
to keep up with that stuff but so I was just into that personally and then when we really when I when I realized that the Lu was like the thing for me like to double and and
triple down on and that this was going to be like my kind of vehicle for the greatest impact um as I started to place my sole
intention and attention only on this and started to get like uh super granular with um our ideal
clients like problems and and how to solve them which if you're in any form of business hopefully you're doing that uh
one of the things that I quickly observed and realized was we were were teaching
people things that could easily allow them to see you
know 300 400 500% returns I mean the last bull market was bananas and we took on a lot more risk than than we have you guys take on now so
anyway I say that to say we had great investing teachings they weren't what they are now by any means but they definitely got results but what I saw over and over was
that people uh solid chunk of our students were just like I you know this sounds great I wish
I could do this but I don't have enough cash flow and that was when it started to dawn on me once again maybe this could be a potential nugget for any
entrepreneurs of like I was in a certain Market I was serving a certain client or a certain like Avatar or whatever you want to call
them and I was serving them in a way that isn't anything too novel right teaching investing a lot of people do
that and then I thought well there's this these other things that I'm into that I don't ever talk about one example being credit the other
being like spiritual stuff and so it was like well why can't I do what Robert kosaki
and Grant Cardone and you know these different people that I've learned from that really shaped my journey especially Robert you know all of his books over and over and over and I I listened to
them so many times all of them um you know he talks about like OPM OPM the wealthy they they don't they don't save
they they leverage other people's money and like I just programmed myself all throughout my 20s with that and I and it it's very apparent to
me then one day it Dawns on me why can't we do that with crypto why can't we do that with
options why can't we do that with technology and Innovation stocks I had already learned about manufactured spending but I had never heard anyone talking about using it for
that the point they would use manufactured spending for like just to get the points like if you get a card that has a you know how a lot of cards
have the um if you spend $3,000 within 90 days you get $500 back well $500 is
one6 of um $3,000 so what would that be in percentages that would be a little over 15% Roi and 3 months so you just do that at scale
that's how people just so you guys understand that's what most people use manufactured spending for or they'll um you know how sometimes banks will say if you bank with us and you deposit at
least $5,000 and you leave it for 30 days um we'll give you a $500 bonus okay well that's 10% in 30 days these are rois that beat the market but the but
there's limitation because you can't just put a million in it and get a 10% you can only put a small amount right so that's how it was being used and then all of a sudden I'm like why can't I
like connect to these seemingly different worlds thus the Lu's kind of Secret Sauce was born which is like we started teaching like credit repair because
that's step one right A lot of people weren't qualified to get a lot of funding so we had to start helping with that and that was a whole journey I had to learn and integrated into the community and then but the goal was
always like to get people funding the goal was never I don't I'm not passionate about credit repair come on you ever called Experian how many of you feel passionate
when you're on the phone with TransUnion mean these people they treat you like [ __ ] it's it's oozing out of every interaction system and process
when you're interfacing with the Matrix so um it was just a means to an end uh to allow people to get funding and so um yeah I just wanted to give that full
context so everyone understands um we offer that because my ideal client who is each of you on this call right now or you
wouldn't have been led into the community because we only let in our ideal client is someone who really gets
it right what's going on gets it understands spirit spiritually
metaphysically but doesn't always have 50,00,000 250,000 base Nest Egg to start investing
with right some of you do but by no means is that you know the vast majority of you have you know six figures or something to start investing with so then that's where it was like all right
that's their actual problem their problem isn't investing they don't have enough to invest and this is where a lot of entrepreneurs get
hung up and they just go like oh uh our marketing is not working or like we're attracting a bunch of you know whatevers people that aren't all
and it's like no you could just be better as an entrepreneur and learn how to better serve them so that was when we add more multifacetedness to to what the Lu
was um so our whole thing right is that we um really aimed to help you guys get six figures in funding and um there's nothing too magical about six figures and of course some will get more and
some will get a lot um some will get less and some will get a lot more but in general in average that's like pretty accurate the idea is just that once you get to about
100K invested in the right things uh the snowball's pretty um it's a pretty solid size to where um if you
play things right um that's usually life-changing uh especially investing in
the things that that we invest in right um turning 100 to into 120k in the S&P
and then from 120 to 135 and then from 135 to 150 and before you know it like that's that took three years right to to get a 50%
Roi um drop in the chat for me um the kind of of our wise that you guys saw just uh maybe in the last week right so there's levels to the
[ __ ] um so that's our whole thing right that's that's what's unique uh and different about the Lu now back to Sawyer's question how has my OPM game
progressed well when I was in my aggressive growth stage for those of you who are on that call where I laid out the stages of wealth when I was pretty much where almost all of you are at and
that's why I'm really good at what I do cuz I know everything about what it's like to be there and I in many ways miss it there's a there's a hunger um it's
that you guys should really lean into that's a real Advantage but anyway I went I've talked about it many times but just quick paraphrasing um I
went full send and you know uh I didn't do like a round of funding and then manufactured spending like just had built up credit over years business and
personal and I just maxed like everything out and I just put it into the market everything except one car uh and so no I'm not telling you to do that but that's what I did and then I
got into the discharging stuff and some of it worked and some of it didn't and that's all my own um karmic Journey but uh so how is the OPM progressed well
when I was not where I am today I was willing to take like I've talked about many times more risk and so it was like I'll deal with the I can deal with
shitty credit I didn't want to buy a house anyway so what what's the problem so I'll deal with
that doing that alone which the last time I did that um was 2020 I mean you guys know the story I'm
not going to tell it again but it that was it right um so it's off it can be worth it if you're
earlier on now where I'm at honestly the that part of me like would love
to do more with credit I just I'm going to discipline myself not
to say I'm so busy CU I'm not here's what happens um and this isn't going to be applicable to everyone's path but my path is as much about uh
entrepreneurship and Service as it is about like the investing stuff right I love both I'd say yeah I really couldn't choose one I
really like them almost equally um like the the investor not all that goes into that and then the business
I really like like the meech but um what starts to happen and I don't know if you guys have ever um studied like the the 1% like super high up um from
like a biography sense or like how do they live their life like what are their habits and their routine they talk a lot about something called um decision fatigue is anyone familiar with
that okay so it's you know I used to kind of here's a funny here's a funny thing about that you know the people that love to kind of consume that content and apply it are people that are
way too early to give a [ __ ] about it and that was me I used to be like obsessed with like what's the like little cheat code that I'll give me an advantage and I'm like 22 and I'm not
doing the basics right and I'm in debt and I barely make any money and I'm like worried about the [ __ ] perfect billionaires morning routine and it's
like Anyway decision fatigue is this concept of like why does why do Bezos and Zuckerberg just kind of wear like plain te's right like it's this notion that
each of us only have a finite amount of decisions that we can make in a day and this applies for everyone and I like to think of it as like your your battery so you wake up every morning with 100%
battery now I understand if you slept like I slept last night you're not going to wake up every morning with 100% battery but just suspend your disbelief and just assume we all wake up with 100%
well every single decision that you make small or large I'm talking when you wake up turn on your lights and go okay what am I going to wear today you just drain
3% of your conscious mind's bandwidth now when you go to brush your teeth Etc maybe that's more um that doesn't really drain much at all maybe 0 5% because
brushing your teeth is so automatic that your unconscious just takes over just like driving right but keep why does like what am I going to wear today drain you because you have to actually think
about it right that's not an un an unconscious process so how do you make it an unconscious process will you buy 10 of the same shirt 10 of the same
pants 10 of the same socks 10 of the same underwear and three of the same pairs of shoes and this is why sometimes you see billionaires Drive Corollas and
that the internet loves those stories right Bezos drove his shitty Civic blah blah blah he was almost a billionaire that's why they do it okay that's not necessarily mean you should do it and
everyone's different um but where am I going with this s's like Jesus Jeremy I asked you about [ __ ] OPM I'm getting there s
so this is the most I'm giving you the most value I could give on this question right the most value that I could give on this question is not about OPM it's
about why doesn't Jeremy use OPM anymore or I mean I do I shouldn't say that why is isn't he doing like rounds of funding like us it's not just like the net worth
thing um that's a piece of it right I don't feel the same pressure of like I need to accelerate because I'm not in that stage where you are really trying to accelerate
growth but it's honestly just deeper than that and this is the same reason why some of you are like um this is the same reason with some of
the trust stuff it's like every day I only have 100%
bandwidth and I have a family and I have my health stuff which I really took for granted until
the last two years that takes daily bandwidth and I have my like larger life stuff like like
spiritual stuff like EX existential life Arc [ __ ] you know like what's the [ __ ] am I doing what's what do the next 10 years
look like for me you know that that all takes bandwidth and and then you know now we're up to we have about a team of 15
now and there's you know how many different departments in a business and and it's a lot of complexity right so so I'm managing that
complexity and then we have what 270 students so it's 15 employees 270 students head of the
household it's just can be a lot right so what ends up happening is I have to choose and I've gotten really good at choosing and if you're not good at choosing I highly recommend the book or
audio book called good to great and I'll summarize it for you if you don't want to read it in about one line the most successful people across all Industries and
Pursuits it's however they define success they uh seem to possess uh at least this one characteristic in
common and it is that they're excellent at saying no to good so that they can leave room to say yes to
great and that lesson is not very important if you're not in the later stages of your
Arc like is discernment around like saying no to good so I can say yes to Great important when I'm like 23 I'm
living at my mom's house and I'm just throwing [ __ ] at at the wall to see figure out this content thing to figure out this Fitness business thing like no
who the [ __ ] am I like on my pedestal like no that's you know that's beneath me in a sense like I'm gonna focus on this it's like I don't know what's what
to focus on I'm figuring it out right versus I'm 32 now I've been trying I've
been at this for 12 years now and so one of the serious like mental models
and lessons that's been present for me the last at least 12 months maybe 18 is like focus and that doesn't mean
what it typically means I mean it in the sense of 8020 that I've talked about before I mean it I mean it in the sense
of okay there's a lot I could be doing here right I could be focusing on um and maybe this will be more applicable to some of you I could be focusing on the
trust stuff I could be focusing on um funding like like the last time I went for funding I was like
making in the like mid six figures now we do that a month imagine what I would get in funding so it's like that's
appealing but it's also a shiny object right cuz it's like if I have to choose business Investments like my family my
health or like get some sick [ __ ] funding it's like you know so it's that's my journey s with with OPM
now in the future I definitely um I'm super you know I'm all about the credit cards as I talked about and using that for lifestyle spend and getting your limits
raised over time and building the relationships and love all that um I just don't I haven't used OPM for Investments
since 2021 um but if you guys are still in that trying to get the aggressive like get to that snowball size where you can
like chill out a little bit that's you know funding is great you know so that's why we have it
um and we put it in the curriculum because that's a big piece of what allowed me to to get here and then you
know we tried it on a few other people and it was you know similar results and then ended up adding it into the curriculum all right
plot twist now I have a question about conscious relationships Oliver says I'd love to hear more about the conscious relationship that you and Jax have what
challenges did you face and how did you navigate those your journey with the masculine and feminine Dynamics and the relationship how is your relationship
wait how your relationship has led to deeper spiritual Evolution and growth in your wealth Journey please elaborate on anything
else you feel called to share that's like a podcast bro that's not a you want to share anything
babe I knew you were going to call me forward I was like prepare you're gonna it's only your it's only your your favorite
topic oh God it's like where do you start yeah that's my thing it's very like like it's hard
because I mean we've had so many iterations of each other that we've gotten to meet over the course of our journey I guess we should just I want to
speak on like what we're working through right now I think that's like the most relevant thing which I wouldn't even say that we're working through anything it's
what we're working towards together so Jeremy's deeply working on opening up his
heart in a greater magnitude than he's ever been able to experience and that's been [ __ ] awesome that's been really
awesome you can't know someone unless you know their heart you can try you can try to use
words you can try to have experiences with them but if you don't know their
heart there's so much that's missing from a relationship we don't fight anymore we
don't we don't argue we don't yell there's like a deep reverence of respect love honoring each
other staying in our lanes which has been really fun that was definitely a big season that was what our last podcast was about so we don't need to talk on
that but if you guys want you can watch that if you didn't see it anyone it's so funny because I feel like people reference that to me and I'm like all I know who they are they're so not like
who we are today that podcast like we we should do one like yearly and just yeah teach on the gems that we learn because every year just continues to compound
with the the deeper work we do and one of us will find deeper aspects of oursel that deepen the relationship because we'll bring it to the
union um that happens constantly usually Jer Jeremy finds some dope mentor and I'm like I want to do it too and and then it blows my like mind with with
what I learn about myself and what I get to or into our relationship and it's just like like he's my best friend I want to hang out
with him all day long and my friends I'm not not in a codependent way but it's more of like his inner child and my inner child
are truly just so in sync and to me a lot of what Ashley shared guys was [ __ ] spot on maybe you didn't like her deliver
maybe you didn't like the awkwardness maybe you didn't like the intensity of it I was texting about eight people and just [ __ ] truth what she said was
truth and um yeah I I I love you so much are you telling that to the group
I'm talking to you bro okay I wasn't sure because you were just addressing I mean I love every I love one of you and if I haven't gotten to meet you yet if Christine brought you in
or it's been a long time I adore and honor and love every single person in this community it's I'm Blown Away by every single person that's in here and
it's I'm always like this doesn't even even make sense but then I'm like yes it does you attract where you are and if you everyone I'm talking to you is
constantly growing you're going to constantly meet people on that level so it just keeps happening and it's like it's mind blowing it's mindblowing you
guys are just the most incredible beautiful souls I've ever gotten to karmically energetically connect with
and I'm just so excited to see everyone win because that's what we do I love you too babe everyone wanted to hear me say that thanks
um yeah it reminds me of like hopefully a good amount of you were on the Lu call where I took you guys on my whole through my whole journey like
journaling entries and all that uh and I like showed you guys like
I manifested this group without knowing that that's what I was doing I thought I was like manifesting like a new friend group cuz I had just cut off you know my
old more toxic friends that were a match for my old toxic self and so it was more of that just like my
new tribe or whatever but little did I know that that's what you guys became so it's definitely a trip like Jax will
get off a call and tell me about you know this new person that she just welcomed in the community and I'm just like how do we like how did this
happen it's it's definitely super cool and we appreciate you guys and hopefully that's hopefully that's
felt um you know what's crazy I don't I don't really have too much to say about like the masculine feminine stuff I feel like
we were heavy in the into that stuff um that was where we were at like Dynamics and all that that was a big one and that's what that whole podcast was about
if if you guys have seen it or if you were to watch it so but that's just like not where we're at home babe it's like before it was like
we we couldn't evolve past a certain point in our uh relationship because Jax was she was like
doing half masculine en she was bringing half masculine energy half feminine energy
not because she's at all masculine she's extremely not um but in the sense of like you know trying to build her
business and like working a lot and Etc and then it creates this like different dynamic in the relationship where you guys are more like competing or you're like Bros or
something versus when you have like the woman like fully shift into like feminine energy and
like stay in her realm assuming that's what she is comfortable with like that's her inherent nature cuz not all women
that is their inherent nature um but that definitely is Jax's and um that I mean that alone solved 80% of our of our
issues uh and so we talk a lot about that so if that resonates with you check out that podcast but I mean other than that how
is your relationship bled I mean [ __ ] I I achieved everything that I I've talked about it before like obviously we constantly have you guys
think about your why I'm pretty sure the first video you see when you're on the onboarding page coming into the community one of the things I approach is like know your why we talk about it
all throughout you know um why are you doing it has to be bigger than surface level probably bigger than
material for me I accomplished like everything that 20-year-old version like young 20 young
20s version of me dreamed of like I surpassed that by 30 and so that entered into my next Dark
Night of the Soul where you think you know you've made it and in reality you're like this is it and so I've talked about that before I won't I won't go too much into that
but I say that to say I think the biggest way that the that a
quality um Union a to be clear like I'm referencing a sacred
Union impacts one's um how did you phrase it like growth in your wealth journey is like well if this was just for me
then I would have gotten like a few [ __ ] supercars and just like [ __ ] off like
it the right man the right woman like calls you forward from from acting
like a boy and living out Peter Pan for those of you who have seen my my video on that and what Peter Pan represents that aspect of us that never
wants to grow up and leave Netherland um so it's like I think that's been you know the
biggest impact is like giving me it's given me way more like um ammunition and maybe that's not the best word but
like drive a stronger why a more zoomed out um long-term
why whereas I really struggled for finding any semblance of why once I initially reached our kind of you know
Financial Freedom levels is like well what now if it's just about like me like I said I would have gotten my
dream maybe an Audi R8 maybe a Ferrari and just [ __ ] off and it's like that's a very sad life you know that's like what
the boy in me is like oh this is what I want and it's like maybe like for a day but that's not like a life you
know um and so yeah there's been a lot of like evolution in that of just like you know those things are cool I'll
never not love the sound of a V10 starting starting up I don't know that I'll ever switch over to EV
but um and I would imagine a lot of you relate like a lot of you come in here and you're you're doing this for your family right so I
didn't see I never grew up with a family like that I never really felt like I I don't really I don't really know what it what it's like to
have family that feels like family I don't know if any of you can relate to that but my family is like the type of family
who you know you you say I love you and you you check off all the boxes but like we're not the same I don't know you you don't know you
you don't know me you don't want to know me so creating your own
family that's been like instrumental uh in my in my journey and outside of you guys whom are a big
driver of why I do this that's really uh a driving force on the days that I don't want to
do [ __ ] which is a lot more often than you guys probably think not as often as Ashley was
insinuating but quite quite often um and it's not because I don't I don't love this it's because of of you
know my back many days not so much anymore but I'm just saying like you know the last two years and just when you don't have your health you
know [ __ ] why do you care about money you know or doing much of anything all
right so Daniel was ready to cancel me cuz I skipped his question but I think what happened is I um
I told the Q Q&A to sort based on most upvotes earlier on and then I think you probably dropped your question a little bit after and it didn't
uh it didn't reorder it so hopefully you uncan me after I answer it can you elaborate more on what makes you confident that Bitcoin will drop
back around 50k or so like mentioned before with Mass adoption by institutions and countries and being embraced as digital gold it's hard to
imagine that that can happen for people who aren't heavily allocated already it seems risky to count on this and would love to understand your thought process here and
what you suggest as it seems ult as it seems ultimately acquiring Bitcoin is a top priority
yeah yeah that's a great question um okay I'll pull up charts hold
on real quick how clean are these uh market cap breakouts right here that's entire
crypto this is crypto minus Bitcoin and eth I think and then I think this is
altcoins and this is small altcoins only got a lot of upside
incoming all right um how do I want to approach this okay so let me I'm going to give you the mini
angles that Jeremy Ho gives and eventually it'll make sense before the answer's over so
um starter perspective we have to look at things from a market psychology and sentiment perspective I just made a video on the
top five qualities of exceptional investors I don't know how many of you watch that but I didn't just pull those out of my ass those are like
actually some of the top five qualities and one of the qualities that you see over and over and over again is the best investors are typically
contrarian thinkers um if look I'll put it this way if
everyone like you know Twitter CNBC interviews like analysts if the majority were in
agreement that we were going to you know see alltime highs and then correct and go all the way back down
and and it was like pretty like the base case that I picking up from all sorts of sources around me
was that we were going to go like way back down okay then I'm immediately going to be like M all right that raises the probability
that we're not I don't know if you've noticed but I've noticed it's even infiltrating the community a lot of you a lot of there's
a lot of group think going on right now and the group think is as follows exactly what you said we've got institutional adoption now
we've got ETFs it's reached terminal velocity we're at mainstream adoption my friend
these are all the same things they said in 2020 I held my bags I went down 90% I
won't do it again you can do what you want I'm just saying experience in the Market is
invaluable because what happens when you've been through multiple bare and bull cycles is that people can no longer tell you [ __ ]
like they can say what they want but you're like my direct experience from the last 1,500 days straight of being in the
market checking the markets checking price action understanding how news affects things understanding how interest rates affects things understanding how the FED affects
things understanding how liquidity affects things understanding how Cycles work my direct experience tells me otherwise so when I see people on
Twitter calling for you know things a bit um exaggerating to the upside or Doom and Gloom gives me the benefit of
just being like it's helpful to understand how other people are thinking right the the the bare case to your bull case you always want to be you want to know it
you want to make sure you want to stress test it but I take it with a serious grain assault
and so look I mean who's been more vocally bullish than me on Bitcoin in the spiritual Community you could probably count on one hand hand
right I get a lot of [ __ ] for it because I'm not Shilling like pulse chain or these small project and it's like look I'm not GNA I'm not going to be
directing tens of thousands of people to ape into altcoins who don't know the first thing about technical analysis it's still hilarious to me that people are like your
plant you're scop you're telling people to invest in a CIA coin called Bitcoin and blah blah blah why don't you talk about my coin and it's like bro your coins going to
zero well check in in 10 years my friend but anyway uh I I say that to say that um the beautiful thing about the markets
is that we can all have our own opinions and I will never like you guys can call me out if you ever feel like I do this but as far as
I'm aware I will never um like [ __ ] on or shame someone's like thesis if if this has like been well thought out and you're like here's like here's the data
and here's the conclusions that I've drawn from this data and here's my base case and here's what I'm doing to prepare for that I'll
[ __ ] I'll applaud you I'm not trying to convince anyone to sell or to not buy here's where I'm coming from when
you guys come in the group so you guys come in the group it's like week two and you're like I'm feeling a lot of fomo the Lu buy sheet says don't
buy any other coins until I have at least 20% Bitcoin but you're telling people to not buy Bitcoin so tell me what to do do I buy Bitcoin or do I not buy Bitcoin and it's like the same
broken record like every week I get to answer this right and it's like cool this is that's you know boohoo so I typically I have to walk people
through the thought process which is look I'm not going to tell you what to do but risk reward how much potential upside do we have from here
[Music] well bull case 82% all
right how much potential downside now typically you often see um when we enter turn to a new cycle
that new Cycle's bare Market typically retests previous all-time highs so we could be depending how this formation goes the downside could be
80% or it could be 31% now the Bulls would say that it's more like you know up here 65 66
67 um I'm I think we get a bit lower than that now do we go down to 19 I don't think think so but I think it's would be
a bit lower than that we will see I don't have like a one piece of data to show you it's
like this when you do this for long enough you develop this Sixth Sense okay I'm I'm reading a book right now um
it's on the science of Rapid skill acquisition anyone ever read a book like that it talks about the four phases of
learning and it says that the first phase is called unconscious incompetence where you don't know that
you're uh I'll be uh polarizing because it's kind of funny uh you're stupid and you don't know that you're stupid that's unconscious incompetence on whatever topic it is right so it's like you don't it's like the phrase you don't know what
you don't know right it's like you're not even aware that you're not aware that that kind of person um on a on a specific topic it's not
about a person then there's um unconscious or hold on there's unconscious incompetence then there's conscious incompetence okay what that
means is that you're aware and you're trying but you're just not very competent it's how many of you feel right now about charting when I pull when I pull up the [ __ ] FIB lines and
I start doing this [ __ ] talking about some dude named Ellie it and you're like what the [ __ ] that's conscious incompetence okay and then we move on to
unconscious competence now you're able to sorry sorry sorry I skipped one then we move on from the
um so it's unconscious incompetence to conscious incompetence to conscious competence right and this is the part that pretty much everyone knows where
it's like it takes 21 days for a new habit it's like so just practice the thing and then it will eventually become unconscious right so that's where also some of you are at right now where it's
like charting isn't come isn't natural for you right now but you can do it right like um I don't know if she's still on here but shout out to Sonia Sonia is in that stage right now stage
three or four of the learning and and maybe many of you can relate where she's pulling up charts on her own she's drawing support and resistance she recognizes where a gap gets filled but
she still has questions it's not all clear okay that's that and then you move on to stage four which is really like Mastery which is called unconscious
competence that's where I'm at with this and why I just took the time to explain all that because number one it helps me learn 43% better to explain it and
number two unconscious incompetence is when you develop the six sense that I'm talking about and and the six sense that I'm talking about isn't you know I'm sure you guys have heard me say like
your intuition does not belong in investing right it's like oh uh my intuition says I should buy Tesla right now it's like I meditated on it's like I tried that don't recommend I'd recommend
you stick to the data like meditation is great intuition is great but like try to separate those two worlds but you can do what you want anyway when I speak of like the intuition it's like uh it's not
that I'm pulling from my feelings it's that it's like my unconscious mind can store like 10 orders of magnitude more than my conscious mind can store so
maybe I can't fully explain to you every single tidbit of why I think the way I think about what's going to happen but let me ask you guys this in the last 6 to 12 months how many things have I have
I been wrong about in the market I share my thought processes publicly how would you guys grade me out of 10 and you don't need to blow smoke
up my ass sometimes I'm wrong but how often would you say I'm wrong not that often right sometimes I'm
wrong I was wrong in uh in 2021 I I was I was wrong I wasn't expecting what happened but I learned from that okay so
so that's what I'm talking about so I don't sit there and go like all right I have these eight reasons and so if they ask I'm gonna give them the PDF on why
it's just like the more you do it the more you understand now let me also bring up this perspective that I'm always bringing
up my screen's like glitching out there we go okay so once again
nothing can change this nothing so I'm the first to say like that I've made full videos on it I've
talked about I've had full segments on the Great Awakening podcast of like look this is the rules are different this is a new
cycle we've never had a four-year Bitcoin cycle a four-year crypto cycle where we have institutional adoption we've never seen Bitcoin dominance this
strong without altcoins barely moving at all after like six months into the cycle altcoins had barely moved and then what happened like the last three weeks right
they're playing catb now but my my point is like I acknowledge like the things that you're saying where it's like you know you have stuff with like bricks and you have stuff like well what if they do
a Bitcoin uh government Reserve or whatever the hell it's called um like the government adopting it and then there's going to be more like Michael sailor is going to continue his thing and there's going to be other companies
adding it to their balance sheet and I get it and I'm not pricing out I'm definitely not saying that's not possible I'm just saying it's not my
base case I I can't give that like a I can't give that a 60% likelihood because what you're betting
on is a Black Swan if you're telling me my base case is that we go up and never come back down well then what you're telling me is that I'm my base case is
something that's never happened before so then when I follow up and I challenge you and I say show me the research you're like well I can't cuz it's never happened before now I wouldn't laugh at
you if you said that cuz I'm like I I mean you guys know how I am I'm I'm a bull I'm not a bear I'm an optimist I I think that this is a
generational technology I know we're going to a million dollars and Beyond I don't think Michael sailor's capping but my
background my Fascination has always been humans psychology human
behavior I like it all I like the I like the good and the bad it fascinates me I think Cults are fascinating I think gangs are fascinating I think sociopaths are
fascinating and I think you know spirituality is fascinating and I think ascended masters are I just I I like it all I study it all and the thing about
this chart right here is that what makes this chart is not the asset it's not that okay well if there was just strong enough fundamentals to
the stock it wouldn't correct guys if we just finally built the perfect company they never missed a quarter it would never go
down no that doesn't work find me one example one you won't find one now if you zoom out and you look at like an Nvidia chart you're like look it's just up only it's
like zoom in a little bit you're having 70 80% drops so hopefully you guys are starting to get like where I'm coming from it's just
that look what percent I actually want to see the chat for this where's the chat what percent would you guys estimate drop in the chat of this planet
right now8 billion what percentage of humans on this planet currently are in lower levels of consciousness they don't have to be at
neutral which is like actually a very high level of Consciousness but shame guilt fear apathy if anyone wants a muscle test
feel free let me know uh I forget what Hawkins said it was but it's [ __ ] high okay it's [ __ ] high we got we got work cut out for us
so so that if you if you agree with that you you see all these numbers no one's saying 10 no one's saying
20 then you should understand that when things get too good fear takes over and fear how many of you have
ever oh [ __ ] I got [ __ ] Siri trying to talk to me sketch um how many of you have ever been in a a
situation where you were not feeling fearful and then you walked into a conversation or a situation where others were feeling fearful and you took it on
like the [ __ ] plague anyone an empath anyone sensitive to energy you're like I'm not even scared why is my body [ __ ] CH acting like
this yeah you probably had to go clear your [ __ ] right yeah okay it's contagious the market is like being out
on the African Savannah when we're right here picture a flock of [ __ ] gazelle whatever the hell's out there haven't
been yet gazel and then one gazelle thinks that it spots a lion the brush way over there it's not sure but it
thinks it spots one okay when that one gazelle starts running what happens are we not animals just like
gazel what happens when one person comes on CNBC and says there's a bat virus it's a swine flu what happens oh
we think we're so evolved we're so ascended we're animals we are group think animals so
I'm telling y'all that I don't care if bitcoin's [ __ ] 500k this cycle whatever the hell we get to no I'm not planning for that I'm just saying
Euphoria however crazy it gets there's going to be a moment when a [ __ ] gazelle thinks it senses a lion in the brush and when that
gazelle runs it's going to trigger all the other gazel to run and then the AI Bots are going to get triggered sell-offs and Retail comes last when they're like [ __ ]
I thought it was a correction I'm already down 60% now I really need to sell and then that only accelerates it so momentum is a real thing in the
markets you have to understand you're not dealing with a logical databased algorithm over the long term assets map to their fun fundamentals and that's why
we discipline you guys over and over and over just focus on the fundamentals and over a long enough time frame we're not talking decades three years five years
things will revert to their fundamentals but in the short term 6 months I cannot tell you what will happen it is entirely emotion driven and that's what you need to understand about the markets that
we're dealing with now with something that's already as volatile as Bitcoin when when things start to sell off like you know like just look at this this
doesn't even look that intense what the hell I'm going to redo that because that's actually shocking you see this little thing right here
uh oh where's my little uh here we go okay you guys see this right here look at the scheme of things like that doesn't even look like anything
right I didn't even go go down to here just just to that Wick okay look ready
boom guys we're down 69% in 42 days that's Bitcoin that's not a shitcoin that's a 70% draw down your
100K Bitcoin just went to 30k and it did it in a month before you had time to react because you thought it was a correction now that you thought it was a correction
here's what happens when it has this little recovery and it's up 50% you're like [ __ ] that I'm not having that happen to me again I'm
selling so it drops another 63% but Jeremy had already dropped 70% yeah that's what bare markets are
like 83% down so all I'm saying is that when you're dealing with a very volatile asset class that is still in its early stages you have to
understand the stock market is over a 100 years old that's why the S&P isn't going to go down 60% it's they freak out when it's down 10 they call that a bare
Market 15% they call that a bare Market that's like a one-day move in crypto right this asset class is a little over
a decade old okay a decade it's a it's a teenager at best so yes the growth it will slow
over time I'm sure you guys have seen like rather than the parallel chart there's like the they chart it more on a rounded basis because the growth rate
will slow compounded over time um but it is still a teenager and so I'm just and you can see it here like
let me do the arc so you guys can know what I'm talking about where's the arc right so you guys kind of see what I'm talking about so it's
arching anyway let's see just for fun if we do parallel yeah that's not even going to
work you can't even chart it like that anymore so to really summarize I don't have some crazy like technical indicator where um I can prove that it's going
down my main things are coming from a psychological standpoint and just from time in the market I've
come to learn that like when when everyone is starting to bank on something that's when I get a little
concerned and a lot of people are now largely I feel like due to Michael sailor all he does is BU the top so he's kind of like showing
everyone like this is there's no issue with buying the top we're not going to go this low again and it's very common on Twitter th those are the posts that get
the most engagement um congratulations you know I've seen it every like Milestone but you know for example like when we broke 50k congratulations we'll never see Bitcoin
under 50K again it's like hopefully um I'm not I don't want that but uh that'd be quite
the draw down um but just to not have a plan for that I think
is a little a little reckless and um as I wrap this up like to touch on how you mentioned for people that aren't already heavily allocated it seems risky to
count on it coming back down look here's the thing like the people that are um come in and are sometimes a bit concerned about not
allocating what are you guys buying instead um drop drop in the chat um if you've come in and Bitcoin isn't at the right prices uh what does your
allocation look like instead just um drop a few like particularly on the the crypto side well obviously it's altcoins can you
guys name some okay right so so you're buying altcoins instead right okay so so you
can tell me how how risky this is um all right so this is Gala and I'll redraw it so ideally you're not buying
the absolute top we just had kind of a crazy run we were instructing buying down here but you know we'll just say you buy here
okay I had it a little lower before just for Simplicity purposes so you just 20x your money okay so you put 10K in follow
try to follow me on this math you put in 10k and just for sake of round numbers now you have $200,000 okay it might be a little bit
off but I'm not trying to do like exact decimal math so turned 10K into into 200k okay because because you didn't buy Bitcoin because let's say you joined and
Bitcoin was already at 80k and it it has never dropped back down at least into the towards 70 for you to for you to buy okay so your initial investment was
$110,000 you missed out on bitcoin this cycle okay but you turn $10,000 into $200,000 let's say Bitcoin only ever
retraces back down to $100,000 that's like I would say this is best case scenario that would be wild if the bottom of next bare Market is 100k
that is wild but I'm going to give you the benefit of the doubt and we'll say that it we never touch five figures again Bitcoin is it's new support that
it will never go below as 100K you just invested $10,000 and you bought two Bitcoin do you understand why because there was an opportunity
cost when you came into the group you only had $110,000 and Jeremy ruined your day and said you know don't buy this fraction
this little peasant serving of a slice of Bitcoin get yourself a nice bag of Gaya Gala however you want to say
it and you turn 10K into 200k and you sold in q1 Q2 2025 okay
you sat on that 200k and when Bitcoin pulled back only less than 30% or we'll see where it goes but pulled back to 100K you bought an extremely
expensive $100,000 Bitcoin okay and you were able to afford two whole coins when you came into the group with
$10,000 and Bitcoin was at 80 how much Bitcoin could you afford 1
18 so which of those is risky I look at money just a little different right
so you're never going to convince me that it's appealing to buy an asset at a higher price than it's actually appealing to buy it at and even the
argument of yeah but it it will never return okay even if it won't return you know what I'll do instead I'll just go invest into something that compounds at a way
faster rate I'll multiply that money way faster and I'll still end up getting it for cheaper does that make
sense if I only have 50k to invest and I really want to buy this thing but it's 20% down from alltime highs and everyone else in the group got in when it was 80%
down they're already up 300 4 100% do I ape in because I'm like look I know I want to hold this long term by the way this is not a rhetorical
question these are I can understand either way I'm just explaining a different perspective here that you may not have thought of everyone else up 300 400% there's
still 30% upside plus we're going to go on to alltime highs like okay I could see some appeal you're going to hold it for a long time cool but I'm like
obsessive about opportunity cost not just with not having to worry about my decision fatigue and why I tend to wear just plain te's and when I like something I buy five 10 pairs of them
and not just that but I'm also obsessive about it when it comes to investing and investing is really what taught me you know about opportunity cost the most and
so instead of putting that 50k into something that's 30% from its all-time highs in a year that will be um 50% above its all-time high so I
would have gotten let's just say I don't know 80% 100% Roi I would rather be patient with my entry on that
because it's already not where I want it to be I'm already not happy about my entry price so if either way I'm not going to be happy then and I have opportunities over here
that are like 5x 10x opportunities in a year now of course nothing is guaranteed they these things don't always work out it's not necessarily this easy but you can't get much more ideal than the
climate that we're in right now this I've waited four years for this moment um and you turn that 50 into
250 and you come back and you go well [ __ ] if I wouldn't have listen to Jeremy I could have bought when it was 30% from
alltime Highs at $70 and now it's uh $150 okay cool but how many shares could
you have bought at $70 for $50,000 can someone tell me in the
chat how many shares $50,000 divided by um $70 a share 714 Perfect all right now we took
that 50 and instead we invested in a higher higher risk higher upside that was like way undervalued still and that 50 turned into
250 we're going to take 50 off the top because you guys know I love that you got to play with house money you recoup your whole investment because you never want to give things back to the market
you recoup the entire 50 you take 200,000 now how many shares can $200,000 get you of a $150 stock someone
please let me know that you just got a two times larger allocation you ready for this this is actually mind-blowing I've never walked you guys through this before these are
kind of weird games that I play you just got 1,333 shares for free you started with 50 you didn't invest it in this thing that
was 30% from all-time highs you waited you know you want to own it but you waited you put in this thing instead knowing you won't hold this thing that long you turned 50 into 250 you took 50
back full recoup of investment no risk on the table 200k profit you put it into that
investment so that was a free investment do you see how that works that is why I'm not seeing risk when I'm
telling people don't buy Bitcoin at $100,000 because you will multiply your wealth faster in other vehicles than Bitcoin at $100,000 and that is a
statistical fact and then when that multiplies faster do you really care if you turn to 100K into a million do you really care
that now Bitcoin is 100K per Bitcoin instead of 60 when you actually run the math that I just walked through so that's how I look at it I
want to buy more Bitcoin too I'm not I'm just not doing it right now
so yeah I mean we'll have to monitor it um if I have if I have to buy Bitcoin at 100K like in the example I just used I
will um I think it will go lower I think there's a a higher chance that it gets closer to
the maybe not 50 but the I think it would break below 60 um but if not that's great too
because these these altcoin Investments and and some of the other things that we're doing with leaps and and some of our other approaches
um like Bitcoin is your longterm play my friend um I don't know how old you are but you look like you're in your 20s let's say you're 28
like like if you're smart you'll do whatever you can to never sell like this is to say it like sailor
says it's so beautiful you're like go back to when your grandpa was your age okay you're buying
property in Time Square in New York you're buying beach front Malibu
property next to the Kardashians it's not what it's going to be like it's it's not that right now but
that is what it is going to be like and so it it's a longterm play now it doesn't need to be cuz I mean Jesus that shit's compounding at the growth rate
about about an 80% compound annual gross rate I mean it's outperforming every other asset class as well as Internet adoption rates um from the 90s and 2000s
but even having said all that it's still that kind of like longterm play where it's like the game I play psychologically is I reverse engineer
all right how much wealth do I want just in Bitcoin if I want $10 million in the future in just from that one little asset right it's not my like you I got all these other things going on right
but just this one little thing that you literally kind of forget about if I want 10 million then I just need 10 Bitcoin so however you want to get to
that whatever like some you know some people were lucky and bought in the hundreds but now they have mental disorders
and all sorts of it really takes a those people are [ __ ] up what they've had to hold through but um some people bought when it was in the thousands and I didn't get in neither of those some
people bought when it's in the tens of thousands and many people will buy when it's in the hundreds of thousands and then I know this is crazy like it's hard to imagine right now but there will be people who buy when it's in the
millions you so there's just a nature it it would be like saying back when the S&P was valued at a th000 and or let's
say 500 and now it's um cuz it's now now it's about 6 6100 it would be like trying to think think that far into the future and be like well once it gets once the S&P gets
to a th000 I'm gonna stop buying because that's just too expensive and it's like BR it's 6,000 right now The Show Goes On like it's a Ponzi scheme we all got to play in it what companies are just going to stop
growing productivity is going to stop increasing people are going to stop working for money and becoming more efficient and it's what humans do so I mean bitcoin's on that
trajectory and so I understand the idea of like gotta get in now like never never a better time than today and um I don't fault anyone for that my
point is I can't responsibly justify telling you guys all right [ __ ] it Go in full send I just won't do it so
um hopefully you guys understand why I hope this time is different but um we don't need to count on it being different either way you want to set up
a strategy where where you win and so if you're really worried about that then maybe you buy it you buy a little bit um
and then your plan is to maybe you do 25% of the allocation that you actually want in terms of number of Bitcoin keep that in mind you don't go in terms of
price because that's largely changing based on how expensive Bitcoin gets and then maybe you save 75% for waiting for more of a draw down um after this cycle
tops and we start to retrace um that way if it just never comes back at least you have some and
then if it comes back you're not like [ __ ] I should have waited I deployed too much right so you kind of play that game as as well and I do that with certain Investments that I
don't know as well I'm not as comfortable or confident in the price action of them I don't know them inside and out like I know a Tesla or an AMD
and so I'm like I'm just going to throw like 20% of my total what I would allocate to it just so that I can handle fomo if it just rips and never comes
back but guys we're we're at a we're at a cycle like I mean we're pretty we're near the top of a cycle I'm
not saying we're like already topping you know I think we got a good up to potentially double from here but like in
the scheme of things we're near the top these uh where's my little where's my
little guy these things there's no there's no avoiding them they're I mean when you look at this chart pattern
they're they're as pronounced if not more than the up the upswings right and what's brutal about crypto that chews a lot of people up and spits them out is
that the upswings are pretty short and it's the bare markets that are long
especially like the one that we just kind of two years two years so
like you guys got to be you're going to have to be patient if you're doing what I'm referencing which is like I might not be buying Bitcoin until
2020 the second half of 2026 right so just to clarify like this isn't the type of thing where you're like all right I'm going to have the liquidity ready like if it Wicks down I'm going to
get in it's like we're talking secular Cycles my friend and these take I mean we're talking about like
a three four five right so like there is no zigg without the zag so whatever that next zag will
be I mean if there's not a zag this isn't a market it has to zag has to so um and the zags remember this is a
monthly chart we're looking at 14 years of data here so when you see these uh these things that they look short
they're not these are years that's years down that's years down so guys all I'm
saying is just like be patient your your time will come like you you don't need to be upset about not buying a super expensive asset just cuz it's doing well
why don't you you pay attention to assets that are being overlooked like oh I don't know eth that I've been screaming about since 2500 saying this is a [ __ ] steel no one's paying attention to this you guys know for
those of you who' have been in here I've been saying like why isn't everyone giving me issues about eth no one wants to by eth um well look look at eth now
since we kind of posted about that when it was around 2500 I really started making those posts this is the level I started saying that by the way we had a triple
bottom very apparent that we weren't really going lower and so now you're already up 61%
with you know 230% upside um price Target to 1.618 Fib so um I just think you know there's always a bull market
somewhere fomo does not serve you I know we all want to belong there's a collective identity aspect to being a bitcoiner just like there is to being a Tesla shareholder just like there is to
being an investor in general just like there is to being in this group and I know you know there's it's like what the cool kids are doing and you know there's a lot of that but you know what's funny
in two three years I promise you there will come a day where the news and the financial articles and
Twitter and all of it flips its script and goes back into Doom and Gloom and tries to tell you that Bitcoin is a thing of the
past that it's too volatile or probably some new stories
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