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hey everybody fun set of questions today ladies  and gentlemen hey everybody fun set of questions I'm just sorry uh just a little background  for those who may wonder why this is a bit Rough and Ready is uh still no gas still no  heating still no hot water no nothing so uh I will stay off camera today but despite all of  the challenges this weekend this is going to be a good one so let's get into it we'll talk about  how a cool way to live off of Bitcoin little very inspiring question different methods of doing it  we look into dcas we'll look into swing trading and taxfree environments we'll look at how to  multiply bags we'll look at how to identify tops and so much more including yet another question  on xrp does it make sense to buy so again you guys make up the questions not me let's jump  into it and uh I'll have to go pretty fast I've got some people working downstairs and this is  not Financial advice all the questions come from patreon I appreciate everybody the very first  question let's get into it from crazy James I think I need a refresher in exit strategies I  need to understand the key metric that you use to determine the beginning of the end for for the  crypto bull market I'm currently only using the check onchain uh charts to monitor Bitcoin which  is very helpful what of your top indicators that gives you Insight whether the bull is over last  Cycle's bare Market seems to have been caused by the fed's increasing rate cycle so interesting  question I the very last part I do not agree you know the market is cical thank you Sylvie and  everybody for coming T andd Tesla sha Donley K8 Ivar out there uh I got to make sure I don't  forget anybody um just catching up with this dock in turn Moto 89 silie mer so um I you know the FED  increasing rate cycle has nothing to do with it if you look at the actual last cycle for Bitcoin  it was extremely cyclical following the exact same timeline so you could argue it has nothing  to do with it but when it comes to identifying the top this chart here is the top and bottom  bottom indicator and there was the first thing that we built in early 2022 because I was very  peeved off that I missed the top of the last cycle by $10,000 and I said that was never going  to happen again so we built our own indicator for that and it's based on 21 live onchain indicators  a composite score with different weightings that looks at everything you can imagine and  more and it uh sniffs out when people see a top and when activities happen and there's a  lot of psychology behind this as well a lot of self-fulfilling prophecy a lot of whale moves  a lot of minor moves Etc and we are on top of all of that the real pros know when the top is in  and then that creates a Snowball Effect and that takes us down now from all the numbers that I look  at regarding the ETFs regarding micro sailor and micro strategy they could keep us in a bull market  for the next eight years literally so we will know if we get toppy from this indicator we've been  keeping a very close tab on them and see what could change because the onchain data does change  with the big impact of big buyers like sailor and black rock but again we are nowhere near hot  if you look at this chart right now we're still in the yellow zone so basically the blue at  the bottom is super cheap the lime green with light blue my color is really bad also super cheap  the green cheap yellow eh stack a bit orange maybe stack a little bit more but you can see we're  now yellow and we're very very far from the top we got to go orange and then dark orange and red  before we hit the top and again we're nowhere near that yet so the market is not overheated don't  be stressed if you think it is and if you look at the way this the performance of this asset  is just incredible which leads me to the next question which I found fascinating this one uh  is from Kentucky Boon uh longtime follower first submission thank you for your guidance my wife  and I recently hit millionaire status woohoo crack the champagne and I'm aiming for financial  independence by 42 currently 36 first child on the way congratulations again you guys are killing  it in a good sense I hope that's not misconstrued uh retirement was already covered when I turn  59. 5 oh my goodness you guys are so dialed in it's not even funny we've maxed out the 401K S&P  index and rira Vu converted to micr strategy Tesla since our 20s I'm not sure exactly um what that  means since our 20s since 2020s perhaps H now I focused on Bridging the 177e Gap from 42 years of  age 2030 to 59. 5 years of age 2047 I've built a 450k freedom fund cocktail cost 200k allocated 36  half% to bitcoin 31.

3% to micro strategy 25. 3% to Tesla and 6. 9% to Saul I'm also DCA sing which  is DCA on steroids 70,000 a year into Bitcoin Tesla and Sal while contined to Max the 41k my  f number is 3 and A2 to 4 million I guess that's the end game to get to that $4 million Mark and  as I say as well it sounds depressing when I was a kid a millionaire was something significant in  today's world depending on where you live it's not that much so I like the way you're thinking  in terms of three and a half to 4 million does this strategy make sense would you recommend  reallocating or rotating once the goals are achieved and the goal is to reduce work to 3 days  a week spend more time with family I love this idea I I love the way you plan I love the way you  think I love your asset allocations and one thing you can never be sure that anything is forever  bear that in mind so when you have allocations like this you know anything can go to zero at any  time or anything can change or a new competitor could come along for any of those assets mentioned  so as always say tap dancing shoes but let's look very quickly at where you are now I didn't  model this extensively but conservatively again sandbag numbers your 200k turned into 450k  and I reckon that will be worth 2.

86 Million by 2030 nearly 3 million not as high as your three  and a half to four million goal but getting up there and you have other assets that are growing  too so this is based on your allocation of 36. 5% Bitcoin it's about 1. 56 Bitcoin uh by 2030  each Bitcoin will be worth at least 800 9,000 what did I miss there um the micro strategy  will go to about a million bucks Tesla will go to 560 you only have 280 shares of Tesla I definitely  think if I getting to that magical 300 number plus get to 300 then get to 500 then get to a th000 if  you can that's going to be a game changer we'll talk more about that later as well and salana  you're very light on salana and technically you could argue your very heavy on bitcoin because  you have Bitcoin and micro strategy so basically they are 67 your 2/3 Bitcoin basically um I'd  go heavier in Tesla and heavier into an ALT of some sort now the question you have is what could  you do conservatively so all my retir on models by the way we're working on a web-based one for  everybody to play with themselves hopefully that will be done soon but if you want to a lot of  the questions that are coming in today is how do you borrow and live off appreciation or how  do you borrow against your Bitcoin or how do you take your income convert into Bitcoin Let It Grow  and then sell it to live recover a bunch of that today but just again super high level assume you  have a very uh conservative interest expense that would be uh 4% interest and you have a very  conservative 6% appreciation on your assets that's about 171,000 a year your interest about  85,000 at 4% and your net appreciation will be 85,86 and as I always stress the most important  thing when it comes to saving for retirement Etc is controlling the burn you've got a new baby on  the way there's a lot of expenses involved with that but uh really the if you can find a way to co  cover your living expenses you know a low mortgage interest low cost living no $20,000 vacations all  that type of stuff you can very easily live off 85,000 and that's assuming a very conservative 6%  appreciation on assets which of course as I say if you're not making 14% a year you're not treading  water so I think you're in very very good shape keep on stacking uh focus on reallocations and  you can do so much more as well which we'll get to in a second so great work you guys and we'll  do a lot more of this as how you can buy borrow and last week by the way was foundational for the  crypto space because every big bank in the United States is going to want to offer crypto Services  crypto payments crypto custody borrowing against your crypto it's going to be insane we are here  we have arrived Sab 121 is dead which is wonderful but we'll be doing a lot more of this going  forward as to finding the optimal outfits to work work with and loan to values and all that type of  stuff now this next question dovetails into this question as usual the community thinks along one  dimension every single week it's incredible but this one is funky kiwi uh love your work I'm a  kiwi living in Florida a kiwi is a New Zealander they're very good at sailing and rugby and all  sorts of good stuff question could you look into the idea that Jack MERS of strike promotes which  is living on bitcoin and owning zero this is where you convert all of your income into Bitcoin then  sell what you need to pay taxes I modeled it out over the last 5 years and it came out much better  than living on cash even when living paycheck to paycheck on bitcoin here's a link to the Google  sheet with the model this is awesome so the sheet is private but I got into it and this is basically  the table now it goes back to it kicks off and October 2019 and the key things that you just need  to know is you spend $88,000 a month on bitcoin and you buy a Bitcoin and then you have $7,000  of expenses a month so you buy Bitcoin and then you sell it but you're you're netting 1,000 every  single month positive in terms of Bitcoin and then Bitcoin grows and the balance grows so The quick  summary of all of this and this is search such a good model and it makes complete sense because  Bitcoin is an appreciating asset it does very well but I went through the table calculated all the  key ingredients you need to know and I'll show you how to make it even better so first of all if you  did 8,000 a month since 2019 you spent $480,000 on bitcoin you also sold $426,500 living expenses so  you bought 21.

9 6 Bitcoin since 2019 October 2019 average cost of that Bitcoin is 3553 current price  105,000 and you sold 18. 45 Bitcoin so you have a net three and a half 3. 51 three Bitcoin left and  your taxes are nearly a wash because not only did you make some gains on selling your Bitcoin  but you also made some losses so the taxes were extremely small at least the taxes I calculated  assuming a 25% rate and your balance now is $368,500 513 Bitcoin times 105,000 so you spent  480 Grand and you still have 370 and you've been spending 7,000 a month since 2019 so it shows  you right there you can see that it is a killer strategy and it works it works really well again  you spent $400 8,000 on bitcoin and you spent a ton of money on 430,000 almost on living and you  still have 370,000 if you are just holding Fiat in your bank you'd only have 50,000 but because you  converted your income into Bitcoin your balance is now 370,000 so is very profound uh I'll create  a cleaner version of this model for patreon um later when get time and it's cool to play with  you can plug in whatever numbers you want but what if I told you I could make this better so  let me show you what I did I took the dcas model all right now first of all I took the monthly  buy of 8,000 that's not a good DCA period but as it turns out it worked pretty well so if you  do use the model dcas since 2019 October 2019 to buy it'll tell you exactly when to buy the  most you can see where the little green arrows are that's when you buy and the ratio at which  you buy okay so here if you do this you end up spending $30,000 less over that 5year period and  you get 2.

4 Bitcoin more okay sounds impressive let's see if I can read that Roi your Roi of  just straight DCS is 367 per. and the ROI with DCs is 433 per. again you spend less and you get  more Bitcoin now what happens if we flip this to not the monthly buy of 8,000 but a weekly  buy of $2,000 a week into Bitcoin let's see what happens so this one we spend drastically  less we spend 25% less and we get 0.

33 Bitcoin more of weekly buys at 2K the ROI is far higher  461 per I think versus 484 I'm have a hard time seeing these numbers hang to see if I can zoom  in a bit more uh I can't hold on I want to make sure I read these correctly I'm going to open  it on another screen because it's tricky bear with me one second live TV um let me see view  slideshow so I can blow it okay the first one because these numbers are very important dcas uh  you get 24. 4 two Bitcoin DCA you get 22 Bitcoin on DCA you spend $496,000 and remember the model  that you had ended back in November 2024 I went to today you spend under DCS only 470,000 Roi  under DCA is 367 Roi under dcas is 443. 101 L buy of 8K now this one uh is you get DCA 23.

7 Bitcoin dcas 24139 Bitcoin  under DCA you spend 53 5 138,000 under DCS only 433,000 so you're spending literally 25% less  money and you're getting more Bitcoin stunning and the ROI is 364. 5 using DCA and 4 4. 5%  using dcas either way if you do weekly buys or monthly buys you kill you do much better so  again taking this model and combining it with dcas you get even more Bitcoin and if you can  spend less this is key here control the burn as I say you hdle more so remember every if  you spending 8,000 of Bitcoin and then 7,000 expenses if you can move that 7,000 of expenses  down to 6,000 it can be very dramatic over time so thank you for that great question next one  uh from shanzy thank you for your Insight given Neptune digital asset investment in SpaceX what  insights can we draw from their latest Financial reports regarding their value of their SpaceX  shares how might upcoming SpaceX initiatives like starlink expansion or Mars missions impact  the potential growth or risk of this investment very very good question so it was a big week for  Neptune digital glad you asked I shared this uh on patreon earlier in the week they did buy a  big bag of salana at a 68% discount it's about and just to go over Neptune digital they  are they're like a micro strategy with a Twist they have is it let me get this these  percentages right yeah I'm struggling with my eyes here 60.

8% Bitcoin they are exactly 133%  saw right now and they are 15. 7% SpaceX I get the SpaceX quote of the last sales price  on Hive about $360 and they have 26,000 720 shares of that 354 Bitcoin Etc what's really  interesting if you add up their allocations okay they are exactly 90% salana Bitcoin and SpaceX now  back to your question this is the big question uh well before we get to the question Neptune  digital is up 800% since September it hasn't done a 35x like Sol strategies but it's still  done very well and sorry about the noise i' got new new pipe going in so it's turned into a work  side here anyhow Neptune digital up 800% now back to the question of SpaceX uh my answer is I think  starlink is huge it's a global internet framework I mean if you look at the stuff that Elon Musk  has he's got the number one news Outlet on the planet with X number one social network on the  planet with X he has the global in Communications infrastructure with starlink um he has leader  in battery storage autonomous vehicles Robots coming soon it's pretty terrifying now regarding  SpaceX I think starlink again will be huge but moris could be a drag on the price because  investing in going to Mars you know unless the the the planet's made of gold which I don't  think it is I don't know what it's going to do so we shall see in full disclosure I have owned  Neptune since last year and I still hold it and enjoying the performance thank you so much and  shout out to all the Canadian firms like Salon strategies and Neptune digital you guys you guys  took the micro strategy Playbook and enhanced it with things like salana and SpaceX so very well  done next question this is from flying Frenchie has posted bonjour hey James from Switzerland you  changed my brother's life and now changing mine awesome also as you know uh Switzerland has very  advantageous tax and crypto regulations I there's no tax on capital gains stock or crypto if the  asset is held for over 6 months with no active trading any recommendations what would you do to  take advantage of this yes so what you need to do is think about swing trading pick two assets  that you like so for example um this is the Saul BTC chart and the reason I like this pair  is they're both going to go up they both have gone up and both will continue to go up but if  you look at the pair you can see they oscillate around the same point so if you owned Bitcoin  or salana starting back in let me get this date right year is that I say the last 12 months  exactly they have both done the same they've both performed the same now if you go back two  years salana outperformed Bitcoin by about 350% so slightly different situation but what you can  do here because you have to look at this over a six mon month window you could have to hold for  six months to avoid capital gains what you could do is swing trade this pair because they're both  going to go up the question is where and when do you get out so there's a couple of things you  can see here one on the bottom of the chart is the mean reversion model and that's part of idss  what you could do is wait for Pico moments to buy or sell so when you see the green dots at the  bottom that's when you flip your Bitcoin into salana and then vice versa at the top and the  Confluence model at the top will tell you when to enter and then when to exit the pair and it's  just all you have to do is get used to a pair like this pick any pair you want and determine  when you can swing them there's also another twist here which is very interesting and from what  I understand as well if you have a staking income from staking rewards I think staked assets again  if you hold them for more than six months there's no taxes but you'd have to ask about that so if  you or if you lend your cryptocurrency interest earned is taxable but the principal amount of hell  for 6 months isn't I'm not sure where we are with staking rewards on salana but that could make this  very interesting as well so check that out if I was there I would wait I'd use the 4our chart and  I'd swing trade between two winning assets every 6 months and by the way you can still exit a trade  after 6 months and sit on cash before you reenter as well so you don't have to flip one asset to  the other I did did that on as an experiment uh last year which worked out very well but you don't  have to do that so you could hold on to cash for a month wait for the market to dip and then buy  move into Bitcoin or something excuse me losing my voice next question from Stuart W welcome to  the family turning 100 S into 1,000 s how to pair trade Sal for beginners I am a Brit living  in Belgium just joined at last and my first ever question in one of James's recent videos you  mentioned how easy it is to pair trade Saul and turn 100 sa into a thousand soul and I'm new  to this area but could could someone explain beginners how it's done and what strategies to  follow okay so first of all uh we did this um for quite a long time we had 15 trades in a  row that were successful then the 16th trade I think everybody piled into the same trade  and we became targets of market makers so as I always stress find your own Rhythm get a tool  get a method get a process dial it in with paper trading and then go let's look at what I would do  the best tool for pair trading is uh pair trading between inversely correlated pairs we call it  pair trading on steroids so what I do here uh this one this is using salana 3x long and short with  pair tra trading on steroids in the 5 minute chart when rate 66% that's not good so I would skip  that but remember you got to watch your standard deviations at the bottom when we hit a bottom area  at the bottom that's the time to buy and that has to correspond with the green triangle above time  to buy and when you see the red same thing red is time to sell but you wait in the trade until  the trend turns so this model comes with the optimized trading Trend model which is custom  for every single asset on the planet it writes its own algorithm based on the actual historical  volatility of the asset that's the first thing so 5 minutes for pts I would skip for Sal 3x long  and short now if we go to the 15 minute the win rate goes up to 81% again the more time you have  the better the odds of finding a pattern if you look to the first third of the chart you see that  big blue Rampage all the way up optimized trend is blue you stay in the trade till it turns and that  keeps you in once it turns then you get out and the same thing you follow the bottom line too then  we go to the 1 hour wind rate goes to 88% 1 hour is very sweet for this same thing watch the bottom  you can very clearly see it bottoming and then you wait for it to bounce and then go and go all the  way up until till it turns again like clockwork and then we can go even more 4our Falls to 86%  but still very good but the more time you have to zoom out the more you can look at the trend  and determine when you trade it depends how much time you have can you look at the charts all day  now even though we're talking about pair trading on steroids a lot of people don't have access to  the exchanges that have these 3x long and short so what I do uh personally uh I replicate it using  3x or 3. 3x or 5x whatever you want long and short on Jupiter but I use the chart as the signal okay  with the assets which is basically s 3x long on gate.

io and S 3x short on gate. io as well but I do  not use gate. io to trade I use Jupiter to trade it and you go long and short put in your leverage  ratio 3x and then you're good to go that's the best way and we have people in the community  that have mastered this and killing it shout out to Anderson I know you're out there anyway next  question from absolute Thanks James and crew for the 247 efforts I have a simple question I realize  I should know the answer to you but don't when we hear Saul has made a record 33.

2 million in Daily  fees where does that money go and how is it used who controls the distribution and in a typical  corporate structure it's considered shareholder value do these amazing numbers flow through Sol  to price this is a very simple simple question so they have a burning mechanism and they burn half  the fees and the supply of salana decreases so even though you'll see a validator paying you 8%  staking reward for your salana but the inflation is only 5% or less 4. 75% is because of this burn  and this is basically helps you know based on economic principles uh the more you burn the less  Supply there is the more the price grows it's very similar to a a stock buyback in corporate finance  like Apple has been buying billions and billions of stock back for 10 years and that keeps the  price High despite the fact they have no growth the other half goes towards validator incentives  and this helps them maintain and grow the network security and efficiency and services and can  increase Trust of course salana and this helps the whole chain now I'll take another simple example  cuz we just had some breaking news this morning which is super interesting which ties into this  question so the timing of this question is perfect uh Jupiter just announced a 50% Jupiter buyback  and remember they made $10 million in fees last weekend just weekend with just the per Revenue  only not the swaps just perss that's how much money they are making they're printing money over  Foot Fist and with that 50% buyback kind of like what salana does with 50% burn this shows you  how much Jupiter it could impact if they made so much money um and they have a 50% Jupiter  buback this could reduce the supply by 99. 4% over the next year that's an annual buyback and  the supply is now 7 billion Jupiter because it went down by 3 billion because they burned 30%  and now they're buying the rest back so it is crazy crazy impactful and this would be good for  Price appreciation as well and in full disclosure Jupiter is now my biggest s Al position as well uh  I need no to rebound to overtake it next question from pickles Smith I'd like to rotate my crypto  profits into Tesla and I will also take out some lifestyle chips at some point too I'm a little  concerned about using such a volatile asset as Tesla as my bank account uh what are the chances  Tesla dips back down to 200s or 100s again in the next one to two years PSC rock you rock too  pickles Smith thank you and by the way Tesla has been my bank account for the last two years  I remember years ago Bitcoin was my bank account and then it became Tesla because Tesla was so  cheap depends on what the winning asset is and what the relative price is that becomes my money  market and I don't mind the volatility but let's look at your question can we get into the 200s or  low 100s again well Tesla follows a 4-year cycle not unlike Bitcoin but it's a bit different so uh  what Tesla does is it goes on a rampage typically happens over the space of 12 to 18 months and then  it chops solides for sometimes nearly 3 years just depends and we had that Wicked chops solidation  in fact it was a dream come true for me because it enabled me to buy a ton of Tesla under 150  bucks which I never thought we'd see again because remember we went to a 420 back in 2021 now we're  back in Rampage mode again so the chop solidation was a function of funny enough the first question  thought it was uh interest rates that impacted Bitcoin no but interest rates definitely impact  stocks like Tesla in a big way and right now interest rates will come down I believe a lot of  people believe that too and that will help Tesla more as well but not just that they have so much  stuff that's going to generate tons of profits you know mega pack business FSD licensing the Optimus  bot coming there'll be at 30,000 ramp rate by the end of this year I mean there's nothing but  Tailwinds behind this stock and I believe the next two years will be incredibly impressive  and sorry about all the banging and noise that's driving me crazy too so part in my dust as they  say now the question you had was what are the odds that'll fall back down below 200 that would take  us to level two on ATR model I think the odds of this are extremely slim so don't Bank on it at all  it would have to be something catastrophic to take us back to 200 bucks but remember we had years to  stack under 200 and that's where we are now I see nothing but breakouts and maybe 600 to 650 by year  end 2025 next question from cyber hey James big fan of the channel and it's lifechanging content  my kids will be the true beneficiaries of your wisdom thanks for saying that and I will say raise  your kids well don't give them handouts make them earn every penny that's how I was raised anyway  your SCP profile shows xrp's fdmc is over $3 million per user but how much do we need to factor  in the different use cases for each blockchain when interpreting the SCP scores for example xrp  is institutionally focused so I guess it is the natural for those users to be making much bigger  transactions than the average user on SOL sui Etc could this be different use case explain some of  the metrics or have I just misunderstood how this is calculated I'm not an xrp bag holder by the way  just curious that's a very good question so for example the average transaction size on ethereum  is higher far higher than salana but it has to be because the fees are far higher too but at the end  of the day adoption will be kind of crazy let's look at xrp and this is probably the last xrp  question I'm ever going to answer the transaction speed is 38.