Welcome To The Forge – Membership Call #3

The Forge: Exclusive Members’ Training Session May 14, 2025

Live Webinar with Syd Michael 

(Raw transcription; not proofed for grammar or spelling.)

Click here for Google Doc of the transcript.

0:03

What’s going on, everybody? I see everybody jumping in. Good morning, guys. It’s good to see you. We’re doing things a little different today. It will be exciting for some of you. 

0:15

Some of you might already know what I’m going to tell you. Either way, some of you are going to learn a lot. Let’s let everybody jump in here. I see a bunch of people. Hey Reggie, what’s going on? Buddy, let’s see everybody jump in here. I’m going to talk about some things that I’ve really never shared.

0:33

I mean, I mean, I might have mentioned it, but I have never really shared it in detail.

0:38

And I’m going to do that today.

0:42

We’re going to let everybody jump in and I’ll give you a little bit of a hint to what we’re going to talk about.

0:50

And I’m going to tell you why I’m going to talk about it.

0:52

I’m going to tell you why I want to talk about it because I know so many people that have maybe been told disinformation or misled or misunderstood.

1:00

And it’s easy to write off right but let me ask you a question if you had a friend who made seven-plus figures and they didn’t tell you our share with you how are they a friend would you call him a friend at that point what are you keeping a secret for right why you tell me 10 years ago if I’m going to share with you something that’s helped me um generate multi-millions to be honest in the past eight or ten years of my life and the majority of it since 2023 to be honest would you all like to hear about that would you like to have a simple overview of of how I did it and maybe it helped you make the same decisions or follow along or take a take a shot at it.

2:20

And, you know, fortunately, but unfortunately in my life, right?

2:25

You know, I have the screen because it’s funny. I do things differently. It’s not that I don’t do things differently.

2:30

It’s just I’m more self-taught than taught on a lot of things.

2:35

So, the beautiful thing about being self-taught, right, I’ll even talk about like when I used to do direct mail.

2:41

I figured out things with direct mail that nobody else even knew existed.

2:46

And the reason why is because it just came to me untaught.

2:49

You know, sometimes they say old dogs can’t be taught new tricks, well, we’re all new dogs sometimes.

2:54

And being a new dog, you sometimes come up with better angles or better ways to do certain things that others would have never taught you right so that’s what I want to share with you we’re gonna give everybody a few more minutes everybody says they’re uh well first off Thomas it’s not me rolling out the programs it would be Brian um but they said in the past I think they’re shooting for June 1st on the first one there’s a couple coming they had me go through some stuff.

3:42

Um, they had me go through some stuff last week and you know, everybody knows I’m a pro salesperson.

3:50

Everybody knows I’m on the pro list, right?

3:53

So I beat them, beat them up on a couple of things that I thought would make it a better, better fit for me, myself, and all of you.

4:01

Tell you that. And Brian agreed with me immediately.

4:06

Uh, no, they’re brand new Thomas nothing renewed Mark says I do about 30,000 pieces of direct mail every week direct mail is the best forming market channel to this day and outperforms everything Mark me tell you let me tell you a big piece of that why because you committed the problem with most people with direct mail is they try and taste it instead of eating it and direct mail something you got to eat the 300% frequency mark makes a difference, right?

4:50

When somebody sees a direct mail piece three times, it tends to have a lot more effect.

4:56

Yeah, Joe, there’s always replays, always replays.

5:12

All right, I see some people jumping in.

5:14

Let’s get started.

5:19

100%, this is not financial advice.

5:22

I’m just sharing with you some of my experiences what I’ve learned and some of the rules that I’ve learned that I stick by that have benefited me 100% Okay, I want to share them with you because again, like I tell them, you know, like I just said if you had a friend Who’d made millions of dollars?

5:44

And didn’t share it with you. Would you consider that my friend made me feel some kind of way?

5:53

So consider all your friends now being together long enough. So what I want to do is share with you what’s worked for me. Okay.

6:05

All right. So it’s just a bit of history and experience.

6:08

Let me go through this real quick because I know some people have possibly been misled or even worse, the media, you know, tends to drive narratives that are nowhere close to what the truth is on a lot of stuff.

6:24

And we’re all right. Roger that if everybody’s OK with what we’re going to talk about, we’re going to get moving.

6:35

I promise you, in the next 60 minutes, you’re going to learn more than some of you already know.

6:39

But if you don’t know it, you’re going to learn some of the most valuable information I could ever share. OK, to start out with.

6:52

We’re going to talk a little bit about like I said, it’s not investment advice, but we’re going to talk a little bit about investing.

6:57

Okay. Man, I know we’re all different ages. I know we’re at all different points in life.

7:03

And there are different strategies based on where you are in life.

7:07

I’m gonna go ahead and tell you I’m 51 years old. Right?

7:11

I’m a little bit of a different scenario than most people because my priorities are probably a little bit different.

7:15

But I’m a multimillionaire living with my mother. I think that’s so funny. But it’s the truth. It’s the truth.

7:24

But the truth is, is because I have a little bit different priorities in life than I think most other people, some other people want to, you know, maybe have the Lambos or, or go in front, you know, a lot of, you know, nice Rolex watches or whatever the heck they’re doing out there to get attention on online and stuff, me, I choose to take care of one of the most important people in my life and that’s my mother.

7:47

Okay.

7:48

So I’m in a little bit of a different scenario than some people because I’m able to keep my expenses pretty low, right?

7:57

Which allows me to be a lot more aggressive in investing, right?

8:03

Does that make sense?

8:04

Everybody understands?

8:05

I know some people, you know, you might have a monthly nut or bills or any of that kind of stuff and you got to cover that kind of ****.

8:17

But Ryan Hollerman saying he can’t get on the link if any of y’all in support can help him out.

8:23

But saying that, I want to tell everybody that 90% of traders since they take, let’s go back in history here, since they’ve taken trading from calling your stockbroker to buy stock or to invest, and they put it online where people can do it at the swipe of a thumb, 90% of traders lose money.

8:46

Now that’s scary, right? Especially when you work hard for your money.

8:52

So, my advice to that is simply, don’t be a trader, always be an investor, right?

9:00

And there’s a difference between investor and trader, right?

9:06

What’s the difference between an investor and a trader?

9:08

Let me ask that real quick.

9:10

What do you think the biggest difference is?

9:18

What do you think the biggest difference is?

9:24

Mindset, 100%.

9:26

You’re so on Thomas.

9:27

Timeline, a Greek guy.

9:30

Knowledgeable, yeah.

9:31

I mean, unless you got inside information, I don’t know how you could ever trade, you know, and be successful.

9:41

And if you stare at the market every day, all day, all night, you probably could do what’s called swing trades or scalps.

9:48

But it’s, you know, in my experience, I’ve never been successful as a trader.

9:56

And I like to look at things, I like to look at my investments in years or cycles, right?

10:04

Not days or weeks.

10:05

Exactly Jim.

10:07

Right?

10:08

When you start looking at days and weeks and listen, we all get sucked into that, right?

10:12

I mean, there’s not a single one of us who wouldn’t like to get rich easily and quickly.

10:18

Right?

10:20

But when you watch your money, and you respect your money, you’ll learn not to use your money.

10:29

And as long as you’re watching your money, because nobody else is.

10:31

Trust me, there is no bank watching your money.

10:34

They don’t give a **** about your money, right?

10:38

When you start respecting it and watching it, we’ll grow.

10:43

How many people know who this man is here?

10:49

I think we all probably do.

10:50

Hopefully.

10:53

Probably one of the most standard, fundamental, classic, trading billionaires because he’s lived so long in the world.

11:05

Now, he did step down, I think, recently for Berkshire Hathaway. Can you imagine buying some of that in the 80s?

11:13

It would have been the greatest investment in your life. It was a game-changer.

11:17

What are a couple of things that Warren taught us that will be true until the end of time that we should always pay attention to?

11:24

What do you say?

11:25

What’s the first lesson you think of when you think of Warren Buffett?

11:38

There’s one that comes to mind very common for me, right?

11:45

When people are greedy, yeah, exactly.

11:50

Be fearful.

11:51

When people are fearful, they are greedy.

11:55

He’s never been so right on that.

11:58

That is the most true solid investment advice I’ve ever heard given out.

12:04

Now, let’s talk about what people normally do.

12:09

It’s because they make themselves traders.

12:11

They hear all their friends call them and they talk about, let’s say, XRP, for instance.

12:18

Everybody’s talking about buying XRP.

12:19

XRP, should I buy some XRP?

12:21

Blah, blah, blah, blah, blah, blah, blah, blah.

12:24

Doge, Elon Musk keeps saying, doge.

12:27

Should I go buy some dough? You know what I mean? Right? I’m gonna tell you, once your friends are calling you, asking you about it, you’re too late. You’re too late. And what happens to most people, unfortunately, and I’m about to tell a scenario that we’ve all, anybody who’s ever been investing has done, right? All your friends call you about one certain trade or one certain stock or one certain opportunity, even worse, a **** medical stock that’s gonna get cleared. You know what I mean?

12:57

and you’re gonna go chase that rabbit, right?

13:01

You go and jump in and buy-in, it tanks, right?

13:06

Let’s say you buy in for a thousand bucks, it tanks down to, you know, you got $200 now.

13:10

You immediately, you overly panic, you sell it and tell your significant other, I’m so sorry, I just lost this $800.

13:20

I’ll never try and do it again.

13:21

I don’t know what I was thinking, but ****, made a ton of money off of it.

13:24

I was just trying to make money like he did, right?

13:28

It’s because your timing was incorrect.

13:32

You got in when people were being greedy, and you were being greedy by getting in.

13:41

In reality, you should get in when it’s fearful.

13:45

However, I can tell you right now, when you see the stock market dumping, let’s take the last three months, for example.

13:53

Well, this tariff talk, how many people want to take their hard-earned money and stick it in the stock market watching it go down over the last 90 days.

14:02

Anyone?

14:09

It doesn’t make you want to.

14:11

That’s the truth.

14:13

But guess what you should have been doing the last 90 days?

14:16

Guess what I did the last 90 days?

14:19

I put every freaking dime I could into the market.

14:25

I bought like crazy and lived like a hobbit.

14:32

Every dime I made, I put into the market, is invested in the last five months because that was the buying time see it reminds me a lot of buying used cars people are like Man you know I just can’t you know the internet all the prices are so aggressive how do you make money well guess what you don’t make money when you sell a used car you make money when you buy a used car the money’s in the buy not in the sell right keep talking about Warren for a second do y ‘all know that they did a kind and I don’t know when this was don’t hold me to it but I there was a like a where everybody was talking about being day traders and Warren went against him right and they took the top five day traders in the world and went against him and he beat him sizably.

15:32

Does anybody know how he did it?

15:35

How did he beat him?

15:37

Pre-Bitcoin, by the way, because he might not have beaten him with Bitcoin, right?

15:45

Does anybody know how he did it?

15:48

All he did was buy the S&P 500.

15:51

All he did was buy the S&P 500.

15:53

Let’s talk about S & P.

15:54

Don’t hold me to these quotes exactly, but it’s close.

15:57

S &P 500’s done between 8% and 29% growth a year, every year for 40 years except for one.

16:07

Now, if we were gonna be gamblers, right, and I told you you had a 39 out of 40 chance of winning, how many of you would take that gamble?

16:20

How many of you would bet on that?

16:28

And what is so beautiful about that number of 28%?

16:34

What makes that percentage more important for music to your ears than other percentages?

16:46

What is the minimum 8% doing?

16:50

What is that minimum 8% doing?

16:56

It’s outperforming inflation.

16:59

What?

17:01

What?

17:02

What are you talking about?

17:04

Oh my God, there’s so many moving parts.

17:05

This is confusing.

17:07

It’s not though, it’s not.

17:09

But, when making an investment decision, when taking investment advice, right?

17:19

You want to make sure you’re at least outperforming inflation.

17:25

Now, where are some places where people put money that will never outperform inflation?

17:34

Your bank.

17:37

Your bank.

17:40

Your bank, on average, is paying one-tenth of one percent interest on your money.

17:45

By the way, they’re taking that dollar and going and re-loaning it out and making eight to one on it.

17:53

While they’re treating you like a sucker, paying you scraps for your money.

18:01

I mean, by all means, I’m not saying don’t have a nest egg, don’t have a small savings account for emergency scenarios.

18:07

But you are a fool if you’re sticking all your money in your savings account.

18:12

Fool.

18:13

Let’s say you have an aggressive money market.

18:15

You might be making four or four and a half percent on it, maybe, maybe again, I’m not giving out investment advice, but I’m telling you my true opinion.

18:29

You’re a fool if you’re stacking money in a savings account.

18:35

Even some CDs to be honest, because it’s holding your money up, right?

18:40

There’s a certain term and time and level when you might want to invest in CDs, but now is not the time.

18:51

How offensive is that, that you can put your money in the S &P and make 80x what the bank is paying you?

18:58

You don’t think that’s what they’re doing with your money?

19:03

Banks are scams.

19:04

And that’s why the world is changing.

19:10

Let’s talk about Bitcoin real quick.

19:13

I know a lot of people are terrified of crypto, right?

19:18

But why would you be?

19:20

Because of what you’ve been told?

19:24

How about that? It funds terrorism. I love that one.

19:37

In 2015, I was kicked out of a Wells Fargo bank for mentioning the word Bitcoin.

19:42

I walked to the door. What’s happening with Bitcoin now?

19:55

What’s happening with Bitcoin now?

19:57

What’s the difference between Bitcoin now and Bitcoin even five years ago, three years ago, four years ago?

20:04

What are some things that have changed?

20:08

One, Gary Gensler, we got rid of Gary, right?

20:15

It’s way more stable because it’s more accepted.

20:25

You know, at one point, Bitcoin was, it was so fearful to be a Bitcoin that people were afraid the government was going to make it illegal to own it, right?

20:38

And that would have been tragic.

20:40

It would have destroyed any crypto investors, but they tried to act like it funded terrorism.

20:48

It was all illegal activities.

20:53

Let me ask you this.

20:57

With crypto, it’s followed by what’s called blockchain technology.

21:05

What is the blockchain also called?

21:09

That second little circle there, what is it referred to as?

21:16

a ledger. It shows every single time. It’s perfect accounting.

21:23

That’s why it’s the perfect currency.

21:25

The world doesn’t know it yet, but it’s coming. Imagine if, imagine, tell me how dreamy this sounds.

21:33

I don’t care if you’re left, right, center, gold, or orange.

21:37

How beautiful would it be if our government was on the blockchain and we were able to trace every single dime on a ledger?

21:50

How accountable would you be?

21:56

How transparent would that be?

21:59

Even better, how beautiful would that be?

22:04

I mean, I don’t want to go down the rabbit hole, but the fact that there’s $21 trillion that disappeared days before 9-11, I don’t know about you, that makes me freaking sick.

22:14

Mark said that’s why they don’t like it.

22:16

You’re **** right, that’s why they don’t like it.

22:17

They can’t sit there and put you full of smoke and mirrors.

22:20

But everybody knows, even when I went down to Tampa with ERTC Express, I don’t know, those of you that were there, I know a lot of you were, what was the first thing I talked about I had to do down there?

22:33

The very first thing that turned that place around, started holding everybody accountable.

22:38

There’s no more, he said, she said, it wasn’t my job.

22:42

You hold everybody accountable and you’ll start seeing growth.

22:45

You’ll start seeing movement.

22:47

Or they’ll leave.

22:49

And to be honest with you, in a lot of scenarios, all are okay.

22:54

Now, let’s go back and talk about, uh oh, hang on, let’s go back and talk about Bitcoin for a second.

22:59

I just want to share some more things for those who may or may not know.

23:03

What is one thing about Bitcoin that fundamentally and economically makes it a thousand times more attractive than any single stock or even gold?

23:15

What makes it more attractive than gold?

23:21

What would make it more attractive than gold?

23:24

Let me start with a simpler question.

23:27

Would you like to, if you were going to buy one piece of land for the rest of your life, would you want to buy farmland and sit on it and pass it down to generations?

23:40

Or would you buy an oceanfront property?

23:46

Which one would you choose?

23:48

Be interactive.

23:49

Please put in the question box which one you would do.

23:51

I’ll wait. Right? Oceanfront. No one has said farmland yet. All right.

24:06

Well, let’s just think about that for a second. Uh-oh.

24:09

Joseph Reinhart said he wanted farmland. All right. Well, the majority of you said oceanfront property.

24:17

Why is it that makes oceanfront property is better than farmland?

24:23

What is it that makes ocean-front property better than farmland?

24:27

I’m not saying you can’t make money with farmland or pecan orchards.

24:31

Trust me, my whole family does it.

24:34

It’s the limited supply.

24:36

Not only is it limited, but how much more ocean-front property can they just drop down and dilute?

24:49

That’s the one dude from Bitcoin.

24:50

I mean, from Facebook. He figured out what that meant.

24:53

You can get diluted.

24:58

Think of that racket race.

25:01

Do you mean to tell me at stock at any time they can issue more shares?

25:08

Excuse me, issue more shares?

25:10

Do you mean to tell me that gold at any point they can be digging in Uganda and double the market cap because they found more gold?

25:23

That kind of makes it a rat race, doesn’t it?

25:27

It makes it very confusing.

25:30

That kind of makes it a gamble.

25:32

If you’re going to gamble, you might as well go to the casino, much less gamble with your retirement fund right bitcoin is limited it was limited to 21 million shares or 21 million coins and i think some of it was lost i don’t even know that they got 21 million now right which was brilliant in a lot of a lot of ways right when satoshi nakamoto nobody knows who he is and he disappeared probably because he was that smart he was enough to disappear right they should guy says why don’t they limit the supply of other coins they do a lot of them but that’s the reason why this is important is i want you to think of this because you know not everybody’s going to buy bitcoin and by the way you don’t have to buy a whole bitcoin you can buy fractions i hope everybody knows that a lot of people don’t understand that but i hope everybody understands that and because it is so expensive now sometimes these smaller coins are are more attractive but we’re going to talk a little bit more about that over the next hour okay but when you’re looking at a coin one you want to consider the utility of it two you want to see if it’s dilutable if they’re creating more let’s take doge for an example a lot of people made a ton of money don’t get me wrong a lot of people make tons of money with dogecoin over the last five or six years but they’re printing more dogecoin every day there it’s not a limited supply And guess what its utility is?

27:16

Elon Musk, that’s it.

27:18

Other than him pumping it, there’s no other reason for it.

27:23

Now, the one thing positive about it is it’s cheap to ship, right?

27:28

You can send Doge for one Doge.

27:33

So it’s cheap to send, right?

27:38

Keep going.

27:41

Remember I told you about cycles for years, not days or weeks right let’s just look at history because in reality I love history right the reason why I love history is because I don’t have to know it all a lot of times you can look back in history and it’s going to show you exactly what’s going on you can almost kind of predict the future a little bit by watching what happened in history now don’t get me wrong there’s thousands things moving a thousand things changing but looking back at history you can really really really see where it’s going bitcoin’s on a four-year cycle right it’s on a four-year cycle and you can see here right the first it’s called a happening where they they have they make it twice as hard to mine what you were able to mine at that point and of course everybody has these stories about when they could have bought bitcoin or did buy bitcoin or blah blah blah and i’m going and tell you I bought bitcoin at hundreds of dollars and guess what I did sold that **** I made 100 on my first bitcoin buy I sold that right I didn’t never in a million years think to keep holding it right I sold it Brian sold sold his and went on a cruise took his whole family on a cruise with it in 2015 well about 16 I think is when it was but anyways he sold it Right? We were up, we sold it.

29:21

My buddy sold a 300-gram worth of Ethereum a few years ago to buy a boat.

29:26

Hey, that was his goal, that was his exit strategy, that’s okay, right?

29:36

But we’re on a four-year cycle.

29:39

And it generally happens right after it happens.

29:42

Now, COVID kind of threw a little bit of a loop on us in 2020, right?

29:47

Which kind of delayed it a bit.

29:51

But we’re on a cycle.

29:52

And that’s called a bull cycle. And then in between the bull cycles called the crypto winter Right?

29:59

So at the end of 2012 the end of 2017, which is when I really majorly started getting into crypto right at the end of 2021 Right after the third happening 2024 was the fourth happening which was in the beginning of 2024 now.

30:21

Just want to point out one. When I told you I made the majority of my money in the middle of 2023, look at that chart.

30:33

What was the middle of 2023?

30:36

It wasn’t during a bull run.

30:40

That was like the epitome of a crypto winner.

30:45

I was at the bottom.

30:48

It’s after FTX got exposed and Bitcoin had the worst.

30:52

I mean, coins were going from about 70 grand in Luna, right?

30:58

Because it was the hottest thing and then it just dumped.

31:01

They found out it was a fraud.

31:05

FTX dumped.

31:07

They found out he was a fraud, which I think he was set up more than dumped.

31:10

But anyway. Right.

31:16

Well, what is that looking at that chart?

31:20

Naturally, we all feel like you should be buying big time here in the bull cycle.

31:25

2023 was not the bull cycle.

31:30

Remember when I told you the money is made in the buy, not the sale? Buying it in 2023, when it wasn’t popular, is when the money was made.

31:48

Buying it in 2019, when it wasn’t popular, was when the money was made.

31:54

Buying it after COVID, when everything hit the, you know, hit the bricks, is when the money was made. Right?

32:08

Let’s keep going.

32:15

For the first time in history with cryptocurrency, we’re able to send money peer-to-peer.

32:21

If you think about it through PayPal or Western Union or any of that stuff, they’ve controlled our money, and they’re able to take a piece of it, just another tax.

32:36

We were talking earlier about how the disinformation that they’ve given a lot of you is that cryptocurrency defunded terrorism and you know had all these negative aspects about it yet it’s on the blockchain ledger is cash you don’t think there’s been suitcases of cash given to the Taliban or to ISIS or any of the real terrorists out there you think ms-13 operates on bitcoin or cash so where is the real terrorism going on real terrorism is what they’re teaching you and training you and telling you put 10 away put 10 in a savings account and always hold it so we can go loan it out and make money on 10 of your money they’re lying to you they’re lying to you and they’re doing it because they know people will listen and follow and walk off the end of the pier and are they doing that because they’re your friend are they doing that because they care about you they’re doing that because they don’t give nothing about you you got to educate yourself you got to get above it you got to start paying attention you got to start respecting your money and when you do you’re gonna see growth altcoins right it’s not just bitcoin there’s a bunch of altcoins out there a bunch of altcoins. What is an altcoin? What is an altcoin?

34:40

An altcoin is a cryptocurrency that also would have a utility, yet it’s an alternative to Bitcoin. But it does have a utility.

34:49

It’s one of the things that makes XRP kind of ****, right?

34:53

They got that marketing behind it. There’s marketing behind it. But there’s a utility to it. There’s utility to it.

35:03

Ethereum, What’s one of the biggest utilities of Ethereum?

35:13

What’s the scariest part of Ethereum?

35:15

I’ll tell you what scares me, there’s a supreme being that controls it.

35:19

I like the idea of Bitcoin where nobody controls it.

35:23

When you have somebody control it, it’s natural for humans to become greedy and all sudden percentages change and ideas change.

35:31

Once Facebook went public, people’s stock changed, right?

35:36

The one guy got screwed.

35:41

But they have a utility.

35:45

What’s one of the best places to go and see where it ranks?

35:48

Coin market cap.

35:49

Write that down.

35:51

Write that down.

35:52

If you’re ever curious about crypto, if there’s one page that you want to definitely pay attention to, it’s the coin market cap.

35:58

It ranks all the coins based on their popularity, their market cap, and what they’re worth.

36:04

Right there, the circulating supply of Bitcoin is 19 million right now.

36:08

That’s less than one Bitcoin per millionaire.

36:10

That means every millionaire could not own a Bitcoin right now, a scarcity.

36:18

CXRP, fourth, Solana, fifth.

36:24

What’s one of Ethereum’s main utilities now?

36:28

What made it grow so fast?

36:37

Well, let’s talk about it.

36:38

Meme coins, right?

36:40

What is a meme coin?

36:41

What’s the difference between altcoin and meme coin?

36:43

Anybody know?

36:46

A meme coin is based on a meme with almost zero.

36:53

utility, meaning, let me give you a good example, what a meme like this was over the dog, right?

37:01

But some people are pumping these meme coins differently now.

37:05

And this is where crypto gets scary as heck.

37:08

But it also can get very exciting.

37:13

They came out, they came out with a meme coin that’s shamefully picking **** right now.

37:22

One called **** The coin, which is horrible, actually owns them just because it’s growing and it’s got a heck of a market cap now.

37:30

But they came out with another one that’ll kind of explain what memes work even better peanut. P-N-U-T.

37:37

Does anybody know why that coin was created or whoever launched it? Do you know what the meme is about? It’s about squirrels, right?

37:51

There was a guy who had a pet squirrel named Peanut in New York, and he had a huge following.

37:59

And for whatever reason, they came and euthanized the **** squirrel saying it was illegal to have a pet squirrel in the city of New York.

38:09

They killed it.

38:13

That was big news.

38:15

A lot of people knew about that.

38:21

So by creating a meme coin called Peanut in honor of the squirrel, it took off.

38:29

It’s like hundreds of million dollar market cap now it’s nuts it’s called peanut let me look it up real quick and I’ll tell you to hang on one second let’s just look real quick peanut the squirrel it’s at 38 cents a piece right now it’s got a market cap of 384 million dollars right so in reality whoever launched that wherever they launched that right launched it over the squirrel because the market and the media brought so much attention to that squirrel it’s blown that coin up did I look at it wrong yeah it’s a 39 cent it’s blown that coin it’s down 8% today but it’s blown that coin up to a 384 million dollar market cap that’s insanity Vanessa. What’s up? I’m sorry. I thought you were trying to say something. All right.

39:47

So that’s kind of wild, right?

39:51

We’re going from very conservative, which you wouldn’t have heard anybody say two years ago, Bitcoin to Altcoin.

39:58

The fact that they have utilities means they mean coins.

40:01

Do you mean to tell me just the news of a squirrel can make it worth that? Right. So it’s a lot higher risk.

40:10

It’s a lot higher risk if you want me to share the formula with you and give me a formula with you.

40:20

If you watch all the cycles over the last 12 years you want to you want to know where it’s going you want to know how it works some of you that are in crypto might already know this but a lot of you might not I’m going to give you the inside info let’s go back bitcoin real quick if you watch these four year cycles here’s what happens there’s a thing in fact you can find it on let’s see if i show it on this screenshot well it’s just above this it’ll show you bitcoin dominance dominance right just like it shows you the fear and greed index if you don’t have market cap go ahead and save it write it down because you’re going to love this site it gives you so much needed to know information right once you start seeing Bitcoin lose dominance right that’s the start of crypto winner but it’s also the start of all season all the money starts going out of Bitcoin and into the altcoins and what happens when the altcoins start losing dominance what happens with all the altcoins start losing dominance Where does it go?

41:50

You guessed it.

41:52

Goes into the meme coins.

41:55

And then you go into a full true crypto winner.

41:58

And at this point, and it’s not financial advice, but this is highly recommendations, a lot of those alts and memes that you own, you would probably consider, especially the memes, consider selling them into what’s called a stablecoin, right, which is equal to the US dollar and waiting for the next cycle.

42:17

So you don’t lose all your money. Right.

42:22

How many people bought Doge at 72 cents and then it went down to seven cents?

42:27

You lost 90 percent of your money.

42:33

It doesn’t mean Doge ain’t going to go back up to four or five dollars a piece as it will. Let me give you some money factors.

42:41

Right. On Bitcoin.

42:45

In this cycle, you hope to see another 100 to 200 percent.

42:56

altcoins you’re shooting between 5 and 20 X when it goes into all season meme coins hence why they’re risky you’re gonna see hundred X on some of them 100 X meaning if you put in $1 ,000 you could make a hundred grand if you put in ten thousand dollars some of you will make a million dollars off that investment if you’re in the right meme coin now you’ll talk scary how are you gonna pick the right meme coin because in addition to some of these meme coins that have been successful they’re coming out with thousands of them a day that are dumped to near dust within days that’s scary well that’s when you revert back to what I told you going market cap if it’s not trending on the top hundred coins it might not be something you want to invest in if it’s not gaining market cap it might not be something you want to be at okay now moving back just a little bit because I need to share this with everybody what makes you what was the utility of aetherium now that we talked about meme coins what was one of the main utilities of aetherium well let me tell you a lot of these meme coins a meme coins in the past were launched on the ethereum blockchain meaning it was backed by ethereum that’s what’s pumping ethereum is these meme coins that are blowing up and going crazy and going nuts and going wild are on the ethereum blockchain and in the last week it’s uh it’s done pretty well it’s done pretty well because i gotta be honest with you i think ethereum is second best second best you may know what coin is vastly approaching aetherium and all the newest memes are being launched on it and it’s not aetherium what’s the next one they’re launching on what are all these new memes getting launched out on faster slicker quicker easier cheaper better crypto was number five right There was down as low as 20 just a year ago, by the way, Solana is the new meme crypto.

45:32

All your newest ones, including Peanut, are on Solana.

45:41

In fact, my prediction, of course, I could be wrong, but if I’m right, I’m going to be sure to tell everybody, like we all are, right?

45:51

I think you’re going to see Solana move to number two, this cycle, personally.

46:00

And I purposely have a quite sizable holding of Solana, and I’m going to tell you why here in a minute.

46:07

I’ll tell you why.

46:14

Knowing that all these meme coins are going on Solana, knowing that it’s the fifth largest cryptocurrency in the universe knowing right there that it’s you know five five point six whatever billion dollars right that’s strong that’s a strong hold our volume 92 billion dollar market cap a strong right it’s pretty solid you think 92 billion dollars can evaporate tomorrow?

46:48

Not really, right?

46:52

That’s a solid foundation.

46:54

Now, it’s just pennies on the dollar compared to the two trillion that Bitcoin is.

47:03

Two trillion, let’s keep going.

47:08

Meme coins.

47:09

Now, let’s go a little bit further real quick and I just wanna give you a little bit of information or a little bit of history here of what’s happened. And this guy went from being idolized to being made fun of, right?

47:23

Because anytime you go out on your own, you’re going to create haters.

47:27

To now, he’s probably on track to be one of the wealthiest men in the world.

47:30

His name is Michael Saylor.

47:32

He’s a Bitcoin maxi.

47:34

All right.

47:35

And what this guy did was, he started taking loans against MicroStrategy, which is a company.

47:42

He started taking loans against MicroStrategy stock and buying Bitcoin.

47:48

Started buying Bitcoin.

47:50

By the way, Michael Saylor is a Harvard graduate.

47:56

I don’t know if y ‘all find it a pet peeve, but it’s a huge pet peeve of mine when I hear people call people idiots and they got Ivy League educations or they’re one of the richest people in the world like Elon Musk and you want to think they’re an idiot.

48:09

Please shut up.

48:11

You can learn from these people and watch, right?

48:20

And here’s what happened.

48:21

Going into COVID, after COVID, MicroStrategy got up to $1,100 a share, and he started borrowing against Bitcoin.

48:30

Well, then, you know, after 2021, we went into the winter, and Bitcoin started going down.

48:34

He got up to $15,500.

48:36

I remember that number because I bought two of them, and it went all the way down to $15,500.

48:41

His cost average was somewhere around $31,000, and he had hundreds of thousands of Bitcoins, and everybody was calling MicroStrategy an idiot.

48:52

Michael Saylor was an idiot. He’s stupid. Right.

48:59

And Michael Saylor came on and said at the Bitcoin conference and said, Yeah, you know, you’re right. My cost average is 31,000.

49:06

Yes, bitcoins went down to 15,000. It was just a day.

49:08

So 17,000 is really where most people think it bottomed. Right. And he goes, I probably do look like an idiot right now.

49:15

But let me ask you something. My stock is now at $100 a share. And I sold my stock at $1,100.

49:24

and put it into Bitcoin.

49:28

I’m down 50% in my Bitcoin, yes, you’re correct.

49:31

But if I had held the shares, I’d have been down 90%.

49:38

A big light bulb went off.

49:41

Holy ****He’s right.

49:45

We actually saved the company 40% of its wealth by going into Bitcoin, and then keeping it into his own shares.

49:56

Well, since then, now that Bitcoin has started running back up, and I told you in 2023 when I had some of my biggest runs, you know why?

50:08

Because I bought $400 options on micro strategies, when is it like $370 a share?

50:15

It has since run to $2900, then split 10 to 1.

50:21

And now it’s already back up to almost $400.

50:26

So take the split out, not to confuse anybody, it’s almost at $4,000.

50:31

So those leap options that I bought that don’t expire until the end of 2026 are $2,600 in the money per contract.

50:45

I’m up almost 2,100%.

50:52

Millions aren’t hard to get when you’re making 2,100%.

50:58

Do you think anybody else wanted to buy micro strategies at that point?

51:02

No, he was an idiot.

51:04

He was an idiot.

51:06

Now it’s not even called micro strategies anymore.

51:08

Now he’s calling it a strategy.

51:11

Now, what’s going to happen when companies like Google or Microsoft or Facebook start seeing what micro strategies did and decide, you know what?

51:21

I’m going to keep putting my money in cash too.

51:25

These banks are getting rich off my cash.

51:26

I’m gonna put it in Bitcoin also or what if they’re actually as aggressive as Michael Saylor is and borrow money against their stock to buy even more Bitcoin he’s leveraging it which is crazy but cool right in the next 10 years you’ll see Michael Saylor be worth 10 trillion mark my words you’ll go man I remember that guy saying that on a How many know what an ETF is? How many of you know what an ETF is?

52:11

And I share this because I know a lot of us are over 50 and you may or may not want to do any major investment into something as risky as you know straight tech stock or any kind of one position.

52:25

But how many people know what an ETF is? Exchange Tradeable Fund, right?

52:36

It can have you know, it can have many things in it, but you can also like to invest in sectors, right?

52:44

You can invest in sectors.

52:46

How many people remember when gold was $350 an ounce?

52:50

What was that?

52:51

That was probably, uh, 18, 19 years ago.

52:54

It was $350 an ounce.

52:57

That was about 20 years ago, 21.

53:02

Does anybody know what made it run up to $2,000?

53:06

Remember when it ran to 2000?

53:11

Was it because they melted gold and lost it?

53:14

Because they sent it into space and never recovered it?

53:18

No, it’s because they started allowing gold ETF.

53:28

What does it mean when there’s a gold ETF?

53:31

What does that mean?

53:34

It means you can invest in gold. It has to be backed by gold, right?

53:39

And it also means that everybody with 401ks and pensions and all that stuff, even state pensions can now invest some of their portfolio into gold.

53:50

And that’s when gold originally ran from $350 an ounce to $2,000.

53:55

It wasn’t a scarcity of gold.

53:56

It was the demand for gold.

53:58

And once you get into the 401ks and are able to invest in it, it goes to the next level.

54:07

Well, let’s do a little circle around.

54:09

Does anybody know what has happened since 2023 with Bitcoin?

54:16

What did all these banks that were trash and Bitcoin tell you how awful it was and how miserable it was, what did they do differently?

54:23

Let me help you.

54:24

They launched ETFs in the first quarter of 2024, which means now people can put a percentage of three to five percent or whatever you recommend.

54:37

You’re, you know, your financial advisor into Bitcoin yourself.

54:40

And what did Bitcoin do from 17000 to a hundred and four today?

54:52

See the power of an ETF.

54:55

How many of you understand the options?

54:58

A lot of people don’t.

54:59

All my friends call me up to help them trade options because they have no clue how they work.

55:04

And I’m not gonna go too much into that.

55:05

We might, you know, in the following weeks, we’ll talk about it.

55:09

We’ll circle a little bit if people wanna know about it.

55:12

How many people know about options?

55:14

How many people understand options?

55:15

How many people trade options?

55:22

How could you trade options?

55:24

Let me ask you this.

55:25

How could you trade options if you know nothing about options?

55:34

You’re right, guy.

55:34

That’s the simple explanation.

55:37

buy an option now for a future price. That’s a simple definition of an option. That’s good.

55:52

How many of you knew that there are ETFs, exchange tradable funds, that have got a professional, educated, and head funds manager who’s trading options?

56:06

Why try and become the option guru when you can pay a real guru to guru your option? Does that make sense? Same thing with S &P.

56:17

Why is the S &P so beautiful? It’s in the top 500 companies.

56:23

Why should you go out there and try and hope you pick the right 500 companies when it’s already listed on the S &P?

56:31

It’s so professionally picked. It does 8 to 28 percent a year and has for 39 of the past 40 years.

56:43

So why become an option guru when you can trust a real guru to be your option guru? Give me an example.

56:54

This ETF right here MSTY.

56:57

It’s a convertible option strategy on micro strategies. A lot of you probably didn’t even know this existed.

57:07

What’s that dividend yield?

57:09

How much does that say?

57:12

How much is the dividend yield on this?

57:14

So it’s at like 2350 a share right now, by the way.

57:28

I like leaps to that.

57:29

I only do leaps, Joseph, just because I look at years, not weeks.

57:35

But what is MSTY’s dividend yield?

57:40

126.87 percent.

57:42

Let me go ahead and tell you.

57:44

Now, how many people are invested in Coca-Cola?

57:46

are these blue chip stocks making a quarter a share, right?

57:53

A quarter a share.

57:57

And maybe after 10 years, they make a 100% yield.

58:00

Maybe, hopefully, after seven years, that’s generally what you’ve got to shoot for.

58:06

Double up every seven years.

58:10

And you’re looking at a 126% yield.

58:14

On that $23.50 stock, it paid over $30 in just dividends.

58:19

You still own the stock.

58:22

or the ETF.

58:29

Imagine if you reinvested it back into your, where you buy more shares after it pays out once a month.

58:38

Look at those dividends, $4.40 in November.

58:41

After Trump got elected the whole market pumped like ****.

58:47

Look at that, $4.

58:49

If you had a thousand shares, you invested 23 grand.

58:52

You made $4,400 that month.

58:57

Let me ask you something.

58:58

How many of you would put $23 ,000 in an account right now? I guarantee you $4 ,000 a month, $2,000 a month, $1,300 a month, no matter what age you are.

59:16

Is that a good investment? It is. They also have one called CONY, which is Coinbase.

59:26

Once Coinbase gets listed into the S&P 500, it’s going to go ham. Remember who told you that?

59:41

Does anybody know what made Tesla run so hard there for a little bit? After it got put in the S &P 500.

59:48

That’s history that you watch, that you mimic.

59:53

Now’s the time to be ahead of that.

59:55

Don’t wait until after it happens and all your friends call you and go, oh my God, so-and-so made a bunch of money on this, we should get in.

1:00:02

Cause then you’re gonna be that ******* that gets in at the back, C-O-N-Y, Joseph.

1:00:09

There’s also TSLY, which is Tesla.

1:00:12

Three months ago when Tesla was getting the brakes off of it, guess what Sid was buying?

1:00:18

I went buying Tesla, I was buying TSLY because I wanted the dividends.

1:00:22

I like the money coming in every month.

1:00:32

Again this is not financial advice because Edward Jones wouldn’t tell you about these. They don’t want you to know this.

1:00:38

Edward Jones would recommend you not to buy these.

1:00:42

I know because I had a friend call his Edward Jones guy and told him not to.

1:00:46

He’d rather keep him on the lam there at making four percent a year, five percent a year, pay one-half percent of your money to some idiot to invest it in whatever pays him the highest commissions, not what is best for you.

1:01:06

Yes, guy.

1:01:08

So NY and TSLY both are ETFs.

1:01:11

And so is this MSTY.

1:01:14

Right.

1:01:16

Now listen, I started getting into MSTY when it was like $28 a share.

1:01:20

It went all the way down to $17 a few months back and I was down sizably.

1:01:25

I was down 25 grand or something.

1:01:28

And it came back because I’m looking at cycles.

1:01:31

I’m looking at years, not weeks.

1:01:34

If I watched weeks I would have been, I would have hung myself two months ago.

1:01:39

I mean, the disruption from the tariffs, which was mainly, you know, whatever, we that’s all another conversation, but it did affect the market.

1:01:48

It did affect the market.

1:01:50

And what did the man tell us to do?

1:01:52

Hope you’re buying.

1:01:53

Because he was right.

1:01:59

Do you mean fiduciaries don’t always put the client first?

1:02:02

**** No they don’t.

1:02:04

**** No they don’t.

1:02:05

And here’s the sad part.

1:02:06

There are a lot of people who get busy with life and quit watching their money.

1:02:10

And guess what?

1:02:11

They’re not watching it either.

1:02:15

Horrible.

1:02:16

It’s horrible.

1:02:17

I mean, again, I can’t be giving out financial advice, but I would recommend that you stick every bit of your money into the spy SPY which is S &P 500 ETF right if you just put all your money in the spy you’re better off than giving you freaking money to one of these ******** and letting them charge you one and a half percent over a 40-year lifespan like if you’re talking to your kids in their 20s and stuff the 401k is the biggest robbery ever they’re robbing us all they’re just adding another one and a half percent tax on the rest of greedy little money that they got their fingers in. That’s the truth.

1:02:53

If you don’t even know what you’re doing, put the money in the S &P. It’s the safest, easiest.

1:03:09

So at my age, 51 years old, just to give you an idea, I do invest in a lot of crypto.

1:03:13

I do invest in a lot of crypto mining companies and micro strategies and stuff.

1:03:19

But ultimately, once I hit my exit, I exit it and it into the spy that’s my mission or my goal right and everybody I mean you know I’ve done the math and I’ll just be transparent about it I think five million the bag you need to retire nowadays so all I’m trying to do is accelerate my to get to five million to have the bag and then I’ll live off the eight to twenty-eight percent of the five million and going down the road and living in Costa Rica.

1:03:57

Mark says it goes back to Warren Buffett’s number one rule, never invest in what you don’t understand.

1:04:01

You’re exactly right.

1:04:03

Unfortunately, but fortunately.

1:04:06

What did Warren Buffett never invest in?

1:04:08

Because he didn’t understand it.

1:04:10

Bitcoin was just before him.

1:04:18

That’s all.

1:04:19

A lot of people who were anti-Bitcoin pro gold, even Robert Kiyosaki now are Bitcoin maxis, right?

1:04:30

So, all right, concerning the race time, we’re at like an hour here.

1:04:34

I want to tell you, if you’re afraid of buying Bitcoin because a lot of people are terrified about, you know, getting your 10-word key and losing your wallet and people losing all this money in Bitcoin, you can always buy through Robinhood.

1:04:45

You’ll never, it’s the safest, quickest, easiest way to buy cryptos.

1:04:48

Unfortunately, you’re limited to what cryptos you can buy.

1:04:53

you also aren’t able to stake it, right?

1:04:57

And staking is not considered a security now, so that’s good.

1:05:00

Staking you can make between 3% and 20% on different cryptos just by staking it.

1:05:08

You’re already outperforming what your savings account can do by hundreds of percent, right?

1:05:14

Phantom wallet, I do use Phantom wallet because I did. I use Binance US to stake.

1:05:20

I use Phantom Wallet because I did invest in one meme and I was going to tell you all about it real quick.

1:05:25

I invested in Purple Pepe.

1:05:28

Went on a tear last week. I was up six figures last week.

1:05:33

I’m in the top 50 holders. I have to disclose that.

1:05:36

But the reason I invested in Purple Pepe is they’re backed by a group called the Wall Street Bets.

1:05:43

And it has a **** of a community.

1:05:46

It’s backed by Wall Street Bets. Now who are Wall Street Bets?

1:05:49

a lot of y’all may have seen the movie.

1:05:51

They’re the ones that were behind AMC and all that **** with GameStock and stuff.

1:05:56

But they’re also the ones that boosted Pepe, which is on the Ethereum blockchain, up to an eight billion dollar market cap.

1:06:09

Well, purple Pepe is at the very beginning. And it’s on a better blockchain. The Solana.

1:06:19

It’s in its infancy now.

1:06:21

And it’s one that I took a chance on.

1:06:24

Because I believe in the community, if I was going to take a chance on one of these memes is the one I want to try 100x, right?

1:06:30

I’m going to take the one that has the community that’s on Solana because it’s even better. Right?

1:06:35

And I want one that’s at a low, you know, it’s a good entry.

1:06:40

It was down to a $16 million market cap a week ago. It hit 55 over the weekend.

1:06:48

It’s fractions of a penny.

1:06:49

You can buy, I don’t know, you can buy a million Pepe for 100 bucks. Purple Pepe.

1:06:59

So looking at history, these people pumped Pepe for an eight billion dollar market cap.

1:07:04

They’ve proven that the community of Wall Street bets is world-renowned. Everybody knows who they are.

1:07:11

Three, it’s a great time to enter because it’s so inexpensive right now.

1:07:18

If they even get partially, let’s say they only get one-eighth of where they did with Pepe and it goes to a billion dollars, you will have 20 extra money. Right?

1:07:29

So I invested in it. Now I have a sizable investment.

1:07:34

I’m one of the top 50 holders of Purple Pepe. And I wanted to teach you a word real quick.

1:07:45

What does it mean to shill? Right?

1:07:47

Wall Street that’s a shilling is what it’s called. Purple Pepe.

1:07:51

It’s when people are out there talking about it, constantly moving it, they raid, they see another exchange talking about like, what’s the best meme coin right now, they’ll put it in their group.

1:08:02

And 400 people will rate it and say purple Pepe, purple Pepe, purple Pepe, purple Bebe, these guys, this community is unrenowned.

1:08:10

It’s one of the best crypto communities I’ve seen out there enough that I wanted to take a risk with one of these meme coins with it, too.

1:08:17

I wanted to take a risk knowing that they were out there shilling like crazy.

1:08:21

And when people talk about it when people are doing things with it and people are causing waves, it creates attention and it creates a nice, nice, nice foundation for the coin.

1:08:34

I took a little bit of my portfolio and put it into this thinking, hoping, knowing this is my one gamble.

1:08:42

This is my one chance at a 20 or 100 X.

1:08:46

OK, anyway.

1:08:53

All right. Hopefully, everybody got a little bit of information, maybe even got some questions in life or in investing that maybe you didn’t know or understand the answer to.

1:09:03

Does anybody have any before we wrap this up?

1:09:05

Does anybody have a question I can answer?

1:09:07

Correct. Thanks, Jim.

1:09:13

I appreciate it. That’s why I did it again.

1:09:16

If you had a friend who made millions of dollars and didn’t tell you or help you or show you, is he really a friend?

1:09:22

No. And I consider all your friends.

1:09:23

So I have to ask a company to buy or sell bitcoins.

1:09:36

Honestly, the safest way, Reggie, if you’re just getting into it, is Robin Hood.

1:09:41

Because then you don’t have to worry about keeping up with your wallet.

1:09:44

You don’t have to worry about somebody hacking and stealing your coins.

1:09:52

Um, no problem, Mark, um, I appreciate you too, brother.

1:09:59

Uh, yeah, just, uh, send me, uh, do this for me though.

1:10:04

Send me a, uh, a message and I’ll send you a link to join Robinhood.

1:10:08

If you’re not already in it only because if you join, uh, if you get 10 people to go through your link, they give you like a gold card.

1:10:14

I’d love to have that if I possibly could.

1:10:16

So if you would go through my link and we each get like $5 a crypto free or whatever, hit me up on a, just send me a DM on Facebook and I’ll send you the link through there if you would please you don’t have to you can go straight there it’s something I got to do through my phone so unfortunately I can’t Donald just send me a text I’ll uh I’ll send it to you by text all right we’ll talk about some of this uh not often maybe once a month once every other month we’ll talk about you know I’ll share with you what I’m seeing or what I’m noticing or what I’m feeling or what I’m you know I’ll share a little bit about my investment strategy with all occasionally just because I think it’s important to you know you got to have that one buddy that you call and and run this stuff by to get get some support just remember this couple couple rules buy on red sell on green dick to that hundred percent hundred percent it is so natural for us to want to buy on green when it’s getting pumped and it’s a bad idea okay buy on red sell green that’s the rule stick to it it’ll make you a lot of money if you just stick to that one rule all right all right we’ll talk more about it again i appreciate everybody thank you so much if you need help send me a text or dm and i’ll uh i’ll send you links okay see everyone thank you Thank you so much.

1:11:43

Bye.