Why DRIP is The Best DeFi Project For The Bear Market
Josiah Stewart argues DRIP is worth holding through a 93% crash because developer Forex keeps building new features like lending and NFTs, the community stays engaged with regular airdrops, and dollar-cost averaging during bear markets has historically worked.
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What is goodie, my people? We are back again with another Gem Lesson. Now, okay, let me just say this. I know I sound stuffy, right? I've been stuffy for like the past 2 days or something. I don't know what the heck it is. It's not COVID though, so you could take your mask off, you know what I'm saying? It's safe. It's safe over here, you know what I'm saying? But if y'all hear my voice and I sound a little stuffy, just pray for the kid and send me $100 million. Y'all know my wallet address. You could find it somehow. But today we're going to be talking about my good friend Drip. Now, if you've been keeping up with the crypto markets, you know everything's down. We recently— like, Ethereum and Bitcoin just dropped below a massive support level, which signifies that the crypto market will continue to go in a downtrend even further than it is right now. So, you know what I'm saying, with all this being said, there are all talks of this is the end of crypto, this is the end of bada bada bada, everybody's gonna lose all their money, you should have sold at the top. Listen, you know what I'm saying? We have cycles inside of the market. If you've been in crypto as long as like I have— I've been in crypto since 2016. I've seen two bear markets myself. I've seen these things before. This is what happens. Price goes down, people get sad and depressed, and they lose hope. And then they complain about the fact that they didn't buy in 2 years later or a year later when the prices are all the way back at all-time highs. And that's kind of what we're going through right now. Right now is the accumulation phase. You know what I'm saying? And what all this has to do with Drip is that, listen, some coins, some platforms, some protocols are not going to survive this, this bear cycle. You know what I'm saying? It's just inevitable. Devs are not there for the community, and the community is not willing to wait out the bear market or the bear cycle, whatever you want to call it. But in this video, I'm going to explain to you why I personally believe Drip is a great investment in the bear market. Drip Personally, for me, I'm still dollar cost averaging into it and compounding. You guys will see my account, but I'm still very, very, uh, let's say hopeful for Drip in the bear market for a couple of reasons. I'm going to get into those reasons. So if you're excited for this video, smash the like button, subscribe if you're not subscribed already, and hit the post notification bell so you can be notified whenever I drop these bangers. I'm not even gonna tell you how valuable these bangers are. All you have to do is like visualize Like, imagine the most expensive thing you could think of right now. Whatever picture just popped in your head, multiply that by 100 million thousand, you know what I'm saying? And then you'll be halfway towards how valuable my videos are. So hit the post notification bell and let's just hop right into this. Wait, wait, wait, y'all know I gotta shout out the sponsor of the day. You know who the sponsor of the day is? Me. CryptFi Academy is right there. It's my academy. It'll teach you everything you need to know from beginning to advanced about crypto, DeFi, technical analysis, trading, psychology, you know what I'm saying? A bunch of things. Now I could keep talking and tell y'all why it's so good, or you could just look at all the screenshots up there and see what other people are saying. Go to the website, it's literally a whole page. Scroll through there, spend a couple hours scrolling through all the testimonials. I literally just got a DM today from someone that said he used the strategy and made $14,000 today. And he said the next time I'm in New York that he owes me dinner. I'm not gonna lie to you, I'm kind of mad 'cause I don't think $14,000 is as much as dinner costs. I'm gonna need a little bit more, Billy, or whatever the heck his name was. But in all seriousness, that's great. I love seeing that he literally made $14,000 in one day using one of the strategies I talked about inside the academy. So if any of this sounds intriguing to you, if any of the testimonials sound intriguing to you, cryptfyacademy.com, it's in the link inside the description, it's also in the comments down below. Let's just hop right into this video. All right, so boom, Drip. I've made multiple videos about Drip. I haven't made one in a long time, and a lot of people have been asking me, am I still in Drip? Am I still hopeful for Drip? What are my thoughts on Drip even though the price is down? Listen, right, I'ma be honest with y'all. I never lost hope in Drip. I'm not gonna lie to you. All I'm doing really is waiting. I'm waiting for the price to go back up. I'm gonna show y'all something, right? So this is the Drip chart. This looks absolutely disgusting. This looks depressing. This looks like the type of chart that you look at and then you stop investing in this coin, you know what I'm saying? We're down, let's see, how much percentage from all-time highs? Like 93% from all-time highs. That's, that, that's scary, you know what I'm saying? But you have to understand this, right? I'm gonna tell you guys my personal opinion on all of this. If you don't agree with me, I don't care. Say you don't agree, I don't care, you know what I'm saying? This is my personal opinion. I'm not trying to convince you to buy anything. I'm just giving y'all the update that y'all wanted about Drip. Everything I say in this video, y'all know this, I'm not a financial advisor. Look at me, I'm wearing a black t-shirt. This is like a freaking— I think it's like Gildan or something. It's— I don't know, it's a regular black t-shirt. I'm wearing a durag. I'm not anybody special. I'm not a financial advisor. I don't look like a financial advisor. I don't have a suit on. Financial advisors need suits, I think. I don't know, but I'm not a financial advisor. We're just friends. I'm trying to put you on to what I'm on to. But with that being said, let me talk my— let me talk my talk real quick, right? So Drip is down 93% all-time highs. If we go to CoinMarketCap and look at all the coins, right, Bitcoin is down, I think, almost a little bit over half of its all-time highs. But you got to understand, that's the main coin, that's the biggest coin. Ethereum down is down like I want to say like 65 or 70% from all-time highs as of right now, which of course that's a good amount of percentage down. But all these other altcoins are also down 90% from their all-time highs. These— what you can literally go, go through any of these coins, right? Go to Shiba, go to, go to Chainlink. I hate, I hate Chainlink. Chainlink made me some good money at one time, but then I held it for too long and I lost it. But that's down a whole bunch too. You have to understand, every coin that's not Bitcoin is going to drop down a whole bunch more., but vice versa the other way. When Bitcoin starts going back up, these coins are going to go up way more. Bitcoin will double while these altcoins will go up 10, 20, 50, 100x. That's just how the market works. So it's just— imagine the movement of Bitcoin is just amplified for altcoins. So no matter what way it goes, right now since Bitcoin is going down, the, the down is amplified on these altcoins. So the price of Drip obviously is down because it's, it's an altcoin, and it is, um, amplified. So right now it's sitting at $11. The first time I made a video about Drip, I think it was at $50 or $45, somewhere around there, you know what I'm saying? And we're down from that. But the reason why I'm still hopeful about this project in the future is not because of the technical analysis. If you look at the chart, you know what I'm saying, there's no technical analysis here that says that the coin is about to go all the way back up to all-time highs. I'm not hopeful about Drip because of the technical analysis. I'm hopeful about Drip because of the one thing that a bunch of these coins, or a bunch of coins, have— don't have, and that's the reason why they die inside the bear market. It's a solid community, and it's a dev that does not give the F up. This man, Forex— Forex is the creator of Drip. He is still in the works. Now, I've talked about Forex a bunch of times. I've had multiple AMAs with him. Me and Forex are basically brothers at this point, you know what I'm saying? In the last AMA, he invited me over to his island. For some reason I didn't receive the plane ticket, but he, he said it. I'm gonna hold him up to that one day, you know what I'm saying? But the reason I'm saying all this, let's go over here to the swap tab. As you see, it's at $10.90 right now. If we go to the faucet, um, I have $8.4K deposits in here. I've been compounding, as you guys freaking see. Um, I've also been claiming. I started another wallet. I'm not sure, I think I'll build that wallet up to make it like a big airdrop wallet for everybody that's on my team, because as you see right now, I have 2,400 people on my team, and people DM me all the time saying, are you still doing airdrops? But about it, but about it, but I airdrop all the time. If you look in here and put in your player address and come right here and see what, um, airdrops you've received, you've probably gotten some. Hopefully, maybe, I don't know. But you could put my address in here and see how many I've airdropped. I'm not capping. I did the calculations a couple days ago. Um, it was like if Drip was at, um, $100, I've done like $300,000 worth of airdrops, which is— I gave away $300— I never gave away $300,000, but I did it, you know what I'm saying? But I was saying all that to say I might make another wallet that's like a super, super big one where I just do huge airdrops for certain people, because right now I'm airdropping everybody on my team. But the— my second wallet, I might like make a link for it for you guys to be able to join under it, and that would be a wallet where it's like if you deposit $100, I'll airdrop you $10 or airdrop you $20 or whatever like that. I don't know yet, I'm still trying to figure it out. Um, but I do still do airdrops all the time. Just check, put in my address right here, check it for yourself, you know what I'm saying? Also, if you're in my Discord, you know every single Monday I give away like 80 or 90 Drip worth. So if you're in my Discord— and how you get in my Discord is being part of my Patreon, patreon.com/jewversgems— is a place you can go and sign up for it, and you'll have access to, um, every single coin I buy, when I buy it, every time I sell it, every time I'm taking profit, every time I'm really everything you'll be in my mind when it comes to crypto. So you can hit the link inside the description for that, patreon.com/juvierisgems. You have a much higher chance of getting some crypto because usually on Monday mornings I'll just be like, hey, who wants some Drip? Or hey, who wants some money? And I'll just send people money because I don't know, I, I guess I'm a good guy, you know what I'm saying? But back to what I was saying about the whole, um, hopeful about the Drip thing, right? So if we come over here to Telegram, a lot of you guys— I'm not sure if you guys know, this is Forex Shark Calls group chat. This is basically where he announces all this stuff before before it kind of goes like mainstream. Um, and if you come inside this group chat, no matter how bad the market is looking, no matter how bad the price of Drip is looking, no matter what the technical analysis is saying, you come in here and you see Forex is not quitting. Now that is, like I said, that is one of the biggest things that I look for in coins or projects that I— that when I'm trying to audit them to see if they'll survive the bear market or the, the heavy downtrends of these— the prices of these coins. You want a dev that is still— that is— will not give up no matter what the price is. And you also want a solid community. If you come in here on the Drip Telegram, they're always active in here. You— they're literally talking 24 freaking 7. I, I had to mute the chat because I'm sick and tired of seeing all the freaking messages. But, um, back to what I was originally saying. If you are in the Forex Shark calls, you see he's working on so many different things. He's working on literally— as I've talked about inside one of the AMAs forex. He's talking about a lending and borrowing system for Drip that's like 8, 9, 10 months out. He's talking about a scratch-off lottery game for Drip, which is all different utilities for Drip to produce more Drip as well as lock up more Drip to therefore pump the price of Drip. And these things are not things that he's doing next week. And the reason why that's good— I know we want all this stuff like now, now, now— but the reason why that's good is showing his long-term vision. He's— it's showing that he's thinking long term. He's thinking about being in this, keeping up with this project and improving this project in the long term, 10 months out, a year out, 2 years out, you know what I'm saying? Drip is over a year old and he's still making new, uh, utilities or new developments on top of Drip. Even the whole animal farm, if you come to the animal farm, we have the pig pen, we have the pig, um, the piggy bank, you know what I'm saying? He's also doing the, the dog, uh, the dog tokens is going to be released soon as well, like the new version of it. Um, so me seeing him putting— no matter what he's doing, me seeing him actually try, even though the price of these, the, the coins is down, it's very, very hopeful. Because at the end of the day, like I told you guys, when Bitcoin starts moving back upwards, altcoins are going to move up as well. But the amount they're going to move up is substantially more than, um, the price of Drip. So Drip might double, go up 100%, right? Altcoins will go up 10%, I mean 10,000%. They'll go up 50x, 20x, 30x, whatever it is. Like, if Drip to get back to all-time highs right now, you know what I'm saying, it would be roughly, uh, 14x or something. At 10x, yeah, it's probably like a 14, 12, somewhere. It's a lot x than what it is right now. So that's why I have no problem accumulating at these numbers, because I see a working dev, I see a solid community,. And in my eyes, that equals freaking rich, as long as I'm patient, you know what I'm saying? So that's really my whole thought process behind what Drip is, um, doing right now. If I'm still bullish on it, yes. If you didn't get that from everything I said, I'm still bullish on Drip. I'm still compounding. I'm still holding. I started a whole new wallet. I think I'm gonna use that wallet. I might make a third wallet too because I think I'll make one for my wife. I don't know, I'm gonna figure it out. Y'all let me know if I should do that. You think? Yeah, she deserves it. I was gonna ask y'all if y'all think she deserve it, but we already know she deserve it. If you follow me on Instagram, you know my wife be taking good care of me, you know what I'm saying? Follow me on Instagram though, @juvert_ if you don't, you missing out. I'm a cool guy, I promise. But that's really the end of the video. Y'all let me know what y'all think in the comments down below. Are you in Drip? Are you still bullish on Drip? You think Drip is dead? You think Drip will never recover like the Lil Baby song? Y'all probably don't know what song that is. I don't know what demographic my viewers is on this channel. But let me know your thoughts and opinions in the chat down below. Smash the like button if you enjoyed it though. Uh, subscribe if you're not subscribed already. Hit the post notification bell so you can be notified whenever I drop these gems. I explained to you how valuable they are. You remember the picture that popped in your head of the most valuable thing times a million, you know what I'm saying? Then you're a quarter of the way as valuable as what these gems are, you know what I'm saying? And, um, yeah, that's really about it. If you're interested in learning how to, how to find these protocols before they pop off How to find coins before they 100x, million x, thousand x. How to, how to, how to, how to read technical analysis, read charts, start forex trading, you know what I'm saying? CryptFi Academy, first link inside description, is also right down there. CryptFiAcademy— I don't, I don't think that's the right way. CryptFiAcademy.com, y'all know the vibes, man. Um, yeah, that's really about it. Good looking on your trades, looking on your crypto, good looking on your house. That you, that you don't have, or have. I don't know, do you have a house? I don't know, I don't know you personally. Good luck on your dog. Do you have a dog? Good luck on your dad. Do you have a dad? I'm not doing good. Good luck on— good luck in life overall, man, and I'm gonna see you on the next video.
