"If I Started Crypto Now, Here’s What I Would Do To Get Rich" - Transcript | YTScribe

here's the harsh truth about investing in crypto is if you treat it like the stock market you're going to lose okay the crypto Market has its own set of rules and you need to learn them and if you don't follow them well the market will chew you up and spit you out thanking you for giving all of your money over most beginners spend their first cycle just getting their asses handed to them losing money constantly the second cycle they try to recover holding those dinosaur coins praying for new highs and only by the third cycle

they might start seeing the real big money gains but each crypto Market cycle so far has lasted four years lining up the global liquidity Cycles do you really want to spend 12 years trying to figure it out wouldn't you like to FastTrack the process so in this video I'm going to reveal exactly what I would do to get rich in crypto if I was new to the market and I was starting today and stick around until the end of the video for some portfolio management tips which are critical for your success look if you're new

here well welcome by the way interesting time to join the market you're highly likely to fall into the travic course of unknowingly foming into everything basically it's the bull market you think you're a genius because you buy something the price goes up you're not a genius it's just a bull market man get used to it without a plan for what comes next you're probably going to get your butt handed to you okay so first of all every crypto investor needs to study the four-year cycle if you're oblivious to this cycle you're probably going to crash

and burn you will convince yourself that you're a genius and Things Are are going to only go up forever you won't take any profits and lose all your money the market has historically moved in fouryear Cycles driven by bitcoin's having event which reduces the Bitcoin inflation rate by 50% every four years when it happens with continuing rise in demand over time and Supply available on the market decreasing prices keep going up this triggers bull markets bitcoin's Peak price usually comes about 12 to 18 months after the Bitcoin having followed by a brutal disgusting bar Market

in which all the altcoins go down9 9% if you get a good one only goes down 90 or 85% okay until the market finally recovers ahead of the next Bitcoin having we repeat the process Bitcoin right now right on schedule coming up in seven months post having which is when the price usually starts breaking out to new highs by the way right on schedule so this means the market could Peak anywhere between April and October or November 2025 but more specifically it takes Bitcoin on average between 518 to 546 days after the having to reach

its peak price in 2015 2017 cycle Bitcoin peaked 518 days after its having and in the 2019 2021 cycle it peaked 546 days after the Bitcoin having although there was a first top that you know was kind of you could have got out that in April which would have been way before the 546 days now if history repeats then that means that bitcoin's Peak would fall somewhere between 20 September and 18 October 2025 based on that historical analysis which you know past performance is not equate to Future returns okay but B Mark those dates keep

an eye on things okay keep these as a close reminder of what's to come so you can stay prepared and not convince yourself that you're a genius just remember that it's a bull market okay you don't want to go into 2025 blindly it'll get really hard with the greed and the fomo kicking in but before I talk about what your altcoin strategy be for for 2025 I want to take a quick moment to let you know about the wealth Mastery newsletter the best damn newsletter in the cryptocurrency business this is your weekly Guide to the

crypto markets our readers love it and I know that you will too and here's the reason why you see every week my team of researchers and I we are putting in massive hours trying to help you stay ahead of the curve in this fast moving Market we also are helping you to save your time we know your time is valuable wife kids dog job all that stuff right but you still want to stay in crypto Market still want to know what's going on we got you covered man altcoin Alpha altcoin deep Dives defi tutorials air

drops our aird drops made six figures this year it's crazy and much much more you can join 145,000 plus weekly readers for free go check it out Link in the description on YouTube pinned comment over on X holding Bitcoin we love Bitcoin big Bitcoin fans here at the channel okay great for long-term goal of Financial Freedom great way to just exit Fiat have a savings account in crypto but it isn't going to make you super rich soon if you can hold it for 10 or 20 years yes okay soon no 2 3x maybe right so

every bull market needs an altcoin strategy to uh make the big gains but it's not the kind where you just pick a crypto to invest because the name sounds cool because you heard about it and a Reddit Forum that's basically how you're going to lose all your money okay I'm talking about having an actual strategy in place with over 20,000 cryptocurrencies being tracked by the main tracking websites and probably millions of tokens created in the last year you need to understand what makes specific ones pop off and why others are nothing more than sinking ships

that are just going to be a complete loss of your money so your strategy needs to be focused on finding the right narratives a narrative is simply a story a belief A TRU friend about a specific coin or a token that the market is picked up on and people keep plowing their money into a specific sector or a new technology will also Drive attention and buy and ATT and get U new buyers to come in okay and it's often or more often than not that narrative drives price okay to find the next crypto narrative you

have to pay attention to where attention is heading and there are four main types of narratives that I believe that you should be watching out for in the cryptocurrency market okay number one greed driven narratives these are often fleeting pumps with dumps coming very shortly thereafter they come and go pretty quickly so they rely on you to perfectly time the market which is pretty damn hard to do right you have to have some kind of edge to get in early to the Community Driven narrative we're seeing this play out in real time of course with

the current memec coin super cycle that's going on on a strong cult-like Community for a meme coin has the power to drive any cryptocurrency to wildly high valuations so much so that any kind of utility it's not even necessary who cares about utility man it's got a frog picture right it's all you need hype in demand that's what it comes down to three event- driven narratives AI is the perfect example of this the launch of chat GPT has led to an AI boom across the stock market and an AI boom across the crypto Market something

that's already lasted for multiple years okay and it shows no signs of slowing down anytime soon some are easier to see coming of course than others but the earlier that you can see a trend and put your money on the table the earlier you can get in on it and the more money that you can stand to make before the herd shows up and it becomes a consensus view you have to invest when it's not quite consensus yet or it's early consensus let's say and number four are Tech driven narratives these are not as sexy

and hype driven but it's the blockchain tech underneath that adds value to users so they can quickly go out and catch on and can last a while we're seeing this in the rise of real world assets for example so do keep your eyes peeled on where VC money and institutional money is actually moving to and here's a tip don't get married to any cryptocurrencies in your portfolio I know they seem like the new paradigm money today and you got ear early prices up you're a genius no it's just bull market man just keep this in

mind out of the top 53 cryptos from December 2017 to last Bull Run in 2011 only 11 actually hit their all-time highs again only 11 top thousand coins vast majority went to zero that's only 21% the odds are definitely against you so if you're still holding some of those old coins praying that they rise from the debt again you're going to want to rethink your strategy okay so by statistics we are seeing that the most mind share the most attention in terms of crypto narrative sectors is going to a few specific places right now we're

definitely seeing it for mem coins don't fade meme coins I know they're silly I know they're dumb but they make money do you want to be right or do you want to make money okay they are silly but they do make money AI of course has been a major major Trend and will continue to be a major Trend and there's a lot of great AI coins out there a lot of too so keep your you know mind open and be suspicious of new launches because there's going to be a lot of just using the name

AI we even have ai meme coins now which are a crazy Trend and will probably continue to be talked about as we see new AI agents launching new AI meme coins we also have real world assets again these are things we talked about these a little bit just a second ago but these are the top trending sectors by attention and where attention goes money flows okay real world asset coins definitely worth paying attention to okay deepin also getting quite a good bit of attention not as much as the the other three but still getting a

lot of attention so as decentralized physical infrastructure networks and of course we see gaming as well there's a lot of stuff that isn't getting the kind of attention though Layer Two tokens generally not needed governance tokens you don't need to invest in that kind of stuff you can't if you want to obviously invest where you want to I don't care that's your decision but I'm just telling you where the attention is going what the actual price performance has been because those sectors I just mentioned have had the best price performance as well we also see

things like some of the def Market struggling but there's some defi coins that do incredibly well Aerodrome Finance drift stuff like this so definitely money made in defi as well but definitely not getting the sort of attention and mind share that mem coins Ai and real world assets have been getting also keep this in mind attention gravitates to newer tokens it's not just the narratives that you need to pay attention to it's also knowing how money moves inside the cryptocurrency ecosystem you see once you look closely enough you're going to realize pattern emerge okay the

money flow cycle starts once again with Bitcoin Bitcoin is the cryptocurrency with the least amount of risk so investors start there they Pile in bitcoin's price begins to rise and altcoins follow the lead as Bitcoin whales take profits move their money down into other things people start thinking Bitcoin is too expensive want to start gambling on altcoins but to start with Bitcoins rise will outperform the entire altcoin Market that soon shifts as Traders get bored take profit look for the next things to invest in to make even more money keep compounding their profits that brings

us to ethereum the second largest cryptocurrency by market cap of course Traders will then sell their Bitcoin this has happened in previous Cy means never going to happen in this cycle maybe they'll sell their Bitcoin for ethereum or for a salon of this time not ethereum but anyway they'll sell their Bitcoin for ethereum in search of a higher return it's during this stage that ethereum will outperform Bitcoin is more invest rotate their money investors may also rotate their money into other large cap layer one networks so once Traders are happy with the profits that they

have made from those large cap altcoins things stuff like Avalanche and salana and telegram up Network stuff like this okay they will then look to bank their profits and move on to the next thing right so then we start looking down at midcap and low caps and stuff like this that we keep seeing money flow down into the lower cap stuff this leads to money rotation from large caps to midcaps midcaps to small caps Etc until we run out of risk to take and the market collapses on itself and everything goes to well dramatically down

right but when that happens before everything goes down that's called altcoin season every altcoin starts going absolutely insane we see 50% daily Rises for a lot of coins it happens for weeks and even months on end micro cap coins meme coins you name it everyone's getting rich everyone's eating okay these are high-risk High reward trades fundamentals absolutely go out the window during this period and any coin can Pump 10 or even 50 or even 100x timing of course becomes everything here as narratives take over fomo kicks in you need to be able to get in

and get out before tokens inevitably dump okay once the part is over Traders will Bank their profits into stable coins and take the flight back to safety either to bitcoin or just hold in Stables until the bare Market forms up only this time Traders will bring more money back to bitcoin than they started with okay so you should take advantage of the altcoin market when it really kicks off to eventually reinvest back into Bitcoin for the long term or to convert back into Fiat and diversify into safer assets like stocks real estate and gold okay

okay seriously you have 90% plus your net worth in crypto think about diversifying a little bit okay and whatever you do do not invest in the cryptocurrency market without a plan too many coins and you're going to find it hard to keep track of them all there's guys I've talked to they have like 300 coins man like you don't need 300 coins might 20 is probably too much for a lot of people who don't have full time to invest in the crypto Market 10 coins is probably enough for the average investor remember you just won

be you remember where to where they are where to sell them what wallets are they in it you lose track okay you can't keep track of that much kind of stuff so keep your crypto portfolio tight keep it manageable remember that to actually make money in crypto as well very important important most critical thing you have to hit the sell button at some point ma'am you have to hit the sell button and to make that process a whole lot easier it's important to decide your Target price on both the buy side and the sell side

okay before you even think about jumping into the market think about where you want to exit at stay flexible but think about where you want to exit at okay have a plan even if it's a rough plan have a plan so before you enter into any trade try to decide your sell criteria for selling at a profit and at a loss what if things change something happens you need to sell at a loss I don't like where these guys are going with this sell to loss get out moving your money to something that's hotter so

make a list of three things that would either prove you wrong or prove you're right okay what would change you to cause your strategy or anything else that would make you hit the sell button okay price targets hit or something happens that you want to get out this will remove the emotion for you at least a little bit of the emotion and keep you a little more levelheaded when things get really crazy because the greed's going to be hard and it will stop you from Panic selling as well if it's a winner when times get

tough and it will stop you also from getting stuck in crap coins for too long okay now once you've entered into a trade you can set a limit order right away to sell your crypto at your your Target price or just put it in your wallet and have that sort of um you know notification set up for your Crypt tracker apps this will save you of course more time knowing you can just leave a trade sitting in the background okay that's it it's a lot of tips not everything but I I hope it's enough to

get you started and get you involved and remember educate do your own research it's a very exciting time in the markets but it's a bull market you're not a genius it's just a bull market Market enjoy it peace

​​​​If I Started Crypto Now, Here’s What I Would Do To Get Rich

If I Started Crypto Now, Here’s What I Would Do To Get Rich