THIS IS WICKED! THEY JUST DUMPED A LOT OF BITCOIN!

THIS IS WICKED! THEY JUST DUMPED A LOT OF BITCOIN!

how’s it going everyone it’s Sam we just
saw something wicked happen and actually
literally within seconds of or minutes
of making this video is when it happened
so you probably haven’t seen it yet I
also want to clarify something seen a
lot of people saying that I’m bearish on
the market or that I flip-flop every
video or something like that I want to
clarify my stance cuz it has not changed
at all at all right if you don’t mind
hit subscribe turn on the the Bell
notification underneath the video to see
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links underneath the video now we just
saw something wicked and I want to cover
that something kind of crazy and it does
fit the bill of being Wicked I’ll
explain that in a second but I made a
video saying game effing over right and
I had some people saying it’s not over
for crypto or some people saying it’s
definitely over you’re right you need to
watch the videos right any video you can
take it in all different uh contexts
right when I made that video I was
saying people are saying it’s game over
for crypto and I am saying it’s not
right we’re still going to go much
higher
in the future I made a video a week ago
saying I’m done buying right I’m done
buying Bitcoin I’m done dcing people
took that as me saying I’m bearish on
the market or that I’m selling or I’m
ding out in that video I go in and say
hey I made a plan during the bare Market
I’m going to buy up until the having
it’s time based it’s not price based
it’s time based based on history so I
bought up until the having then I said
okay for the next three months I’m just
going to S my hands and then three
months from now I’m going to start
dollar cost averaging out over about 15
months 12 to 15 months it can change
slightly but people took that as I am
selling I’m bearish on the market you
shouldn’t listen to me because I don’t
care about crypto I’m out completely
that’s not what’s happening I have more
at stake than most people understand
because my business is tied to crypto as
well so there is some time when you
probably should stop buying right
whether you said it or not typically you
don’t want to buy the entire Market
cycle unless you’re someone that’s going
to hold on for the next 10 years or
something like that but being someone
that has a lot of interest in crypto
like business interest you know I have
to write out the bare markets too so I
can’t put every single penny always into
crypto I need to diversify so I just
wanted to get that off my chest right I
do not change from video to video I
might say game effing over and then
explain how some people say it’s game
over yesterday people were saying that
because we fell down it’s game over but
I said in every single video I am
bullish on the long term term for
Bitcoin let me be clear I’m very bullish
on the long term of Bitcoin and it’s not
that I’m bearish it’s that you know I’m
diversifying now moving on to something
wicked and then I have to finish up the
video because I have pasta inside
actually boiling right now but we just
saw a large large outflow from gbtc
$160 something millionar the largest
outflow we’ve seen in a while and you
might be saying well who cares well we
aren’t seeing the flows slow down I mean
we did kind of and then they kick back
up and then we saw them slow down again
and now you know we have $160 million
day out of
gbtc so what’s that mean well they’re
dumping the market right some investors
are getting out and it’s wicked because
they only are keeping these rates so
high the the fee rate they’re only
keeping the fee so high because their
parent company is basically bankrupt or
uh you know parts of them are losing so
much cash that they need to keep this
Cash Cow going so they realize that
they’re losing Bitcoin every single day
and they could stop it but why stop it
when they could make six times as much
in fees right that’s their thinking it’s
very short-term thinking but when you’re
backed into a corner you make short-term
decisions right so they are thinking
shortterm they’re okay losing all the
Bitcoin because they’re making a lot of
money in fees but eventually that will
change now we’ll have to see what
happens with other ETFs but a big
dumpage from grayscale
uh yeah that’s going to push down the
market that’s what’s happened that’s
what’s happening over the next day
because a lot of the time these settle a
day after so it’s going to be
interesting right be ready for
volatility when I said I was done
Deca that Rings true right you want a
plan you want some plan set out so that
way you can deal with the volatility
whether it’s up only volatility when we
move up a
$20,000 candle right or whether it’s
moving down so be ready for that I hope
I hope you are all doing well right now
and that you have a good head on your
shoulders moving into this next Giga
pump cycle now it could be a couple
months before we Giga pump it could be a
couple days usually usually when it
seems darkest that’s when we turn around
that’s when the bottom hits so be ready
there crazy times ahead make sure that
you are well prepared and well rested
thank you so much I will see you in the
next video bye

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