Everything Is Dropping — Here's What I'm Doing Right Now
Kamilah Stevenson warns that markets are pulling back due to high Fed rates, rising Treasury yields, and liquidity squeezes. She recommends building 1-6 months of emergency cash first, then positioning in XRP, XLM, and HBAR as long-term plays, moving crypto to cold wallets to avoid exchange risk.
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Hey, it's Kamilah Stevenson, and around here we talk wealth. Um, I'm a little delayed because, uh, my lighting wasn't where I wanted it to be, but let's do it anyway. All right, we got some stuff to talk about. Where are you from? Put it in the chat. What's up from Pittsburgh, Tiffany? And, uh, we got Michigan is in the house. What's going on, everybody? Go ahead and like the video and we're going to get into it. I hope there's not like a delayed reaction. Uh, I was trying to get my Wi-Fi, I was trying to get my, my lights together. What's up from Baltimore? All right, um, as long as you can hear me and I'm clear, we gonna get into it because, um, there's a lot happening and, um, it's— I think it's going to be a detrimental time to a lot of people. So what's up from Ghana? I love to see that. From the UK, Los Angeles, Canada, Florida. What's up from all over the world? Texas, what's going on? Thank you, Moses. What's up from Las Vegas? XRP Las Vegas, you from Las Vegas? I'm sure you're going to be there, right? New Orleans, what's up? Mississippi. To all my beautiful people today, I hope you guys are enjoying your day. Nashville, Netherlands. I have not been to the Netherlands in such a long time. It's been a very long time. Savannah, Alaska, what's up? Ghana, yes, yes, yes, yes. All right guys, we are going to get into it because, um, I want to prepare you for what is ahead. And I, I don't think— what's up from New York? Spain, what's up? I don't think a lot of people are prepared for what could unravel. And if you've been paying attention I've been screaming it from the mountaintop for quite some time that we were probably going to have some kind of crash, some kind of pullback. DMV, um, let's see, Pensacola, what's up? Uh, Florida, I love it, it's beautiful outside. Yeah, um, can I discuss, uh, thank you so much, um, I appreciate you, massive respect from the UK, thank you. Yes, it's beautiful outside, uh, I will I'll, um, definitely discuss digital IDs, uh, the, the government being able to monitor and control. Yeah, they're already monitoring every— all your movements. Um, they pay attention, uh, to everything that you're doing. All right, we're gonna get into it. Here's what I'm gonna start off saying. Um, I— first of all, nothing I say is financial advice. Everything I say is for entertainment and educational purposes only. What's up from Finland? Do your own research. Uh, I'm only giving you my educated opinions about what's happening in the market and what I think you should prepare for. There's a lot that I'm going to discuss on Monday. Uh, I'm, I'm going to see how the market opens. I believe that you should all prepare for the worst. Um, yeah, prepare for the worst and hope for the best. Okay, uh, that's where we are right now. Because there is a lot happening. As you see, there was a, a little bit of a bleed-off that started to happen on Friday. And so, um, and I'll, I'll kind of explain why that's happening in a sense. Um, if you guys notice, I have— I've talked about this for quite some time, you know. I've talked about, like I said last year, I was explaining to people that I got out of the stock market because I believe that there was going to be a massive pullback. And, um, can I do my assessment of HBAR? Yeah, I'll do my assessment of HBAR. I love HBAR. And, um, no, I say prepare for the worst and plan and hope for the best, uh, because I think we could get a stronger pullback. Uh, things are not looking good. I'll explain even why we're starting to get a little bit of bleeding going on. Um, let's see, I'm just kind of looking through a couple of Wait, are you suggesting there's a time coming where it will— yeah, I do. I, I personally do. So I'm telling you, I think you should, uh, that you should prepare for the worst. All right, um, I've been saying it for quite some time. Things are not okay economically. Things are not okay. And I'll help you to understand so that I sober you a little bit. Uh, the market's dropping, don't scare me either. You know, Eddie Kane, I love that. Uh, it doesn't scare me. I, I think it's a buying opportunity, but I really don't believe a lot of people are prepared for it, right? Go ahead and like the video again. Uh, if you go back and watch any of my videos last year, I was talking about the fact that I think that we could have, uh, a liquidating— some liquidating events. I don't know to what degree, um, but at the end of the year and, and going into the new year, we were at all-time highs with the stock market, and I kept saying please keep some dry powder on the side because there is a pullback coming. And I said it very clearly and repeatedly over and over again. Now what, what I do want to say is, yep, DCA, um, SVJ1025. I, I do want to talk about what's driving the market down. And like I said on Monday, I'll go into a little bit more depth and I'll share with you what I'm, I'm thinking through because I made some new moves Um, so we just had our meeting for rate cuts. Japan also had theirs. So the Federal Reserve just had their, um, they, they decided to hold their rates if you guys were paying attention. So now they're projecting just one rate cut for all of 2026. We have the 10-year, uh, Treasury yield hit somewhere around 4.25%, and when the rates go up and the dollar strengthens Then when the institutions, the hedge funds, uh, the leverage trader, um, they have to come up with cash to cover their obligations. And that's the fastest way to get cash, is to sell your most liquid profitable positions. So again, the Fed just said that they're keeping the rates high with only one rate cut, which means that borrowing money in America stays expensive. And when borrowing is expensive, institutions that took on debt to invest in assets have to sell those assets to cover again you know, their, their debt. All right, um, and so that's— we saw gold drop, and a lot of things have been dropping. All right, because people need cash, they need to be— they need to liquidate, right? And then on top of that, I want you to realize too what is still happening in Japan. And I'm going to say something else about Japan that I don't think a lot of people understand. But Japan, remember, they kept their rates near zero for years, and institutions borrowed the— that money very cheap from Japan, and they invested it globally. So Japan may wind up having to raise their rates if oil stays, um, elevated. And again, those same institutions, they're going to start selling their global investments to pay back their cheap Japanese loans that ain't so cheap no more. They're not cheap no more when they start raising the rates. So you do have two countries that's creating selling pressure at the same time. Okay, and, uh, no, it's never too late. And so, so now long term, you'll always hear me continue to say that the dollar is still losing purchasing power. And at the end of the day, you know, it's backed by debt. It's not even backed by real— remember, they stopped the, um, you know, the, the dollar isn't backed by gold anymore, which was— is horrible. Um, it's backed by debt. It's not backed by anything significant, right? So there is a devaluation of the dollar that is going to happen over time, but right now in the short term, the dollar is technically strengthening against other currencies because high US rates attract global capital. All right, so I don't want you to confuse those two. And the numbers on— if you look at gold and silver, they sold off. Gold, gold ETFs I think Alonzo somewhere estimated around $2.9 billion leave in one day. That's one of the largest outflows in over a decade, right? So has nothing to do with gold. I'm accumulating gold. That is a margin call liquidation event. Okay, now remember, adding oil to this picture, you guys, and I'm gonna, I'm gonna be clear with you, I'm gonna be straight up. Oil is rising, it's, it's still staying elevated, um, and I've been saying for a very long time. Um, I just want you to know this because I have to say this, all right? I don't— I'm not here to scare you. I'm here to tell you what, what's happening. Like, I, I mean, it's happening in front of your face whether you listen to me tell you or not. If you look back, every significant oil spike in modern history has always been followed by a recession, okay? And it's happened multiple times back decades. Now, I'm not telling you that a recession is guaranteed. I am telling you that there is a pattern, and it's there, and we should not dismiss it, okay? We cannot dismiss it. So with oil moving the way it is right now, this is not the time to be casual about your finances. I need you to know that. And I know some people still don't get what's happening. They just waking up every day like it's gonna hit people in the face. Now I will let you know that I went into my orders and I have just— I lowered my XLM limit orders. You all know that I've had limit orders, massive limit orders between 8 and 11 cents. Why have I been doing that since last year? Because I kept telling you I think at some point it's going to come down to that point. I, but I, I don't have a, I don't have a crystal ball. I can't tell you that for sure. But I believe at some point it will. Okay, so I just added another level at around the high 6 cents. Y'all like, oh my God, XLM might go down to 6 cents. I don't know, I have no clue. Um, but I, I'm not feeling great about the short-term economic pressure right now. I'm not feeling great about the picture that we're seeing. Okay, now if it doesn't go down, fine, but if it does, I just want to be position. And right now I'm thinking about accumulation, so I'm setting my limit orders there. Um, and I will share this on Monday. I came into, I feel, new revelation concerning XRP and XLM, something that I haven't talked about before. So I have a new purpose in accumulating some XLM because of what I've come in— what I've come to know in my conviction, and I'll share it. I'm going to share with my members on Monday something I've never talked about concerning XRP and XLM. So, um, I will be— somebody said I'm waiting on the, uh, what's up, uh, Kawaii, uh, Hawaii is in the house. Um, I don't know if you guys— so listen, um Let me say something very important, and go ahead and hit the like button if you haven't and subscribe if you haven't. Let me say something really, really important to everybody. If you do not have an emergency fund right now, that needs to be your first priority, okay? You need cash reserves. And, um, I know that that's probably not what you want to hear, but I wouldn't be doing my job if I didn't tell y'all. If you don't have an emergency fund, that needs to be the first thing that you do. Most Americans, statistically, look it up, they can't— they don't even have $1,000 in an emergency. That's just the reality. And if the economy moves the way the signals are showing, this may— this is going to be a very painful position for a lot of people to be in, okay? So please, um, let me— I'm just looking through some of the comments. I want you guys to take this serious because We could, we could go into a recession. Um, the stock market looks like, um, don't sleep on foreign currency, you know. Um, Warren Buffett has already positioned himself in the yen. So I know my lighting is— how much should we have an emergency fund and cash on hand? Well, if you have nothing, you gotta at least get a month real quick, at least a month's worth real, real quick, just because it just buys you 30 days. But to be honest It's always good to have about 3 to 6 months worth of an emergency fund. You know, some people are— require a little bit more to feel safe. Like, I know somebody who said they had a whole year's worth of emergency fund. I, I just— I'm an investor, so I can't see myself wanting to sit on that much of an emergency fund. I mean, I— hopefully I figured something out about it, you know. Um, but everybody's different. It depends on your safety net. Right? And so somebody said they're freezing accounts, and perhaps we are going into liquidity issues, all right? We are, we are going into some liquidity issues. But all of you all should be thinking about having a little cash on the side, um, just because if you're in a situation where you— what are you going to do if you, if you, if something happens with your job? If you don't— you know what I'm saying? Like, what do you— what are you going to do? What are you going to do if all of your money is in the, is in the stock market and we have a huge drawdown. And I'm, I'm actually gonna start— I'm gonna sell a few more. If so, when— okay, let me just say this, because some people think that the market just all, all the time just goes straight down. No, it can stair-step its way down over the course of months. So we might have a— like, of course the SPY was oversold, we dropped, and then boom, we bounce out. We, we bounce at a certain point And then we come down and we continue to make, uh, lower highs and lower lows. So we can step down. So just because you see dead cat bounces or something, you know, go up, that doesn't mean that we're not going to see a lower low. All right, I mean, you could have the stock market come all the way technically down to— I'm not even going to say y'all might get scared, but, um, let me see. Uh, thank you so much for this, uh, member. I see prices will, uh, really jump up over the summer. And maybe— and, and yeah, I, I do think so. I'm very bullish long term, right? Um, Reginald, um, been a member for a month. I love that. I'm bullish, um, for the long term. Like, with my— yeah, liquidity issues. I mean, right, first of all, we still have oil prices rising. We have the reverse carry trade issues. You know, we could see a lot more selling pressure. People want to get liqu— People need more liquid when they're dealing with these economic macro events. They're going to need— and, and most people are going to go straight to what? The assets that give them the quickest liquid. So risk-on assets are going to, you know, be the first ones to be liquidated, basically. Um, so here's— I mean, it's very simple, guys. If you're spending money on things that are not necessary right now, like your, you know, leisures, your upgrades, things you don't need I really want to warn you to stop and reassess. Get your house in order before we know where this is going, because if this thing plays out, it will be devastating for people. It will be devastating. I keep saying that, but I don't think y'all believe that. That's what— I don't think y'all really believe that it can be devastating for people who are not prepared for it. But guess what? It could also be incredibly um, rewarding. Like, there's like an opportunity of a lifetime for people who are prepared for this, right? So now let me say this. I just painted like a short-term economic pressure picture where it's just, listen, people are going to get out of these positions. There's going to be some selling pressure. We saw— we're seeing silver and gold pull back. We're seeing the stock market pull back. It doesn't matter if we get a bounce. It doesn't matter if we get some green candles. Overall, the trend is looking bearish, meaning, guys, we could go into a bear season with the stock market, okay? I don't know for sure, but we could. And it's— and it looks almost clear, but just because of what we're dealing with now long term. Um, thank you, Stevie J. I like— y'all like the hoodie? I like, you know, the orange, I guess. Y'all know I love Nike, So, um, I'm looking at, uh, thanks. Will silver, Social Security, utility coins help during this? Well, let me explain something. I have always been a component of silver and gold. I have been saying for a long time that you guys need to get some, you know, real money, some real commodities. So let me just say this, let me give you a long-term picture so you understand what a crash or a strong pullback or correction, whatever you want to call it, a recession. Because again, if we don't go into a recession, this will be the first time that we've had these type of patterns that we did not go into a recession with oil, looking at the patterns with oil. Okay, so it would be against the odds. So guess what? We have to make sure that we consider that. Okay, um, now let me tell you on a long-term picture, because we, we have a lot of chaos going. Y'all know I love XRP, and I love XRP for a lot of reasons. XRP is made for a liquidity crisis. All right, long term, again, this will create one of the biggest opportunities for people who are prepared and positioned, right? So especially crypto. It is a huge opportunity. That's why somebody got mad when I was— when I, uh, saying, you don't— you know, why are you promoting more crypto or more XRP than maybe the stock market? I'm like, the stock market has been at all-time highs. Why am I pushing you to go all in on the stock market when it's at all-time highs? I'm scared to buy. I was scared to buy it. I told you guys, I started selling everything at the end of last year. Not everything. I have long-term stuff that I don't sell, like ETFs and stuff. I just dollar cost average. But y'all get what I'm saying. If you go back, I kept saying I'm selling, I'm selling, I'm selling. We're at all-time highs. This scares me. This scares me because we're at all-time highs and it's over— there's an overvaluation happening. So what is bleeding? What is the best opportunity? Crypto. Because crypto has been down in a bear season. So while the stock market has been in a bullish all-time high season, crypto has been in a bear season. And somebody got mad that I was pushing crypto for people who are not all the way invested. Now, back in April, I kept telling people, we're in a crash with the stock market, you should be buying. And I was buying very heavily. And I finally took— I've been buying, I was buying heavily also in the last, during COVID when the stock market crashed. So some of those positions back in COVID I cashed out on. Why? I was up like 400, 500% on some of them, right? So I was up— heck, even from April I was up hundreds of percent because I bought in pretty much at the bottom when the stock market crashed. So when everybody was all scared and stuff and everybody was calling saying the stock market was crashing and they was mad and You know what I mean? I was like, I'm buying, okay? This is going to recover. And guess what it was? A V-shaped recovery. The most hated V-shaped recovery, Tom Lee says, ever. People was mad that it recovered for some reason. Um, thank you so much, America Caver. Uh, I have a modest bag sitting on the sidelines. I'm keeping my eyes open but not making any moves. And I think that is so, uh, wise, right? So wise. And yes, crypto is way, uh, very volatile if you are in it for swing trades, but not if you're in it long term. Everything's going to be volatile along the way, right? And so you buy— the, the problem with the volatility is that people buy on the uptrend of that volatility, and then boom, it comes down, and now you, you got a bad position. What happened? Well, that's why you got to buy it at the lows. You gotta, you gotta start dollar cost averaging when it drops, not when it's running at all-time highs. That's how you take advantage. Volatility means opportunity. You can make— let me just tell y'all, I'm gonna be honest, in the market you can make more opportunity off of volatility than you can when the market is just moving sideways. Volatility creates opportunity because you're, you're not— you're, you're going the, the distance between highs and lows. And like, if you're buying here and you're selling here, that creates an opportunity. It's hard to trade when the market is moving sideways. It's hard to make money when the market is moving sideways. So volatility creates opportunity, but the problem is people are so emotional they don't know how to buy intelligently, and they let their emotions and their FOMO in and things like that, right? But let me tell you why. Also, let's think about crypto right now and why I'm so bullish on crypto. First of all, um, I know this is awesome. I can't wait for it too. I'm on your side with this. I, I'm on your side, seriously. Um, and yes, this is something, this is something that we have to understand that's happening right now in real time, right? So the thing of the thing right now is that the Clarity Act is moving through legislation. Remember guys, we got the OCC right, that just cleared banks to officially custody crypto. They're not doing that for no reason. The SEC just named crypto, certain crypto examples, as digital commodities. Do you understand what that means, right? So it's one thing— let me just help y'all to understand something— it's one thing to say what something is not. We've been saying for years through the court case, even with XRP, XRP is not a security. Um, we kept, we kept saying that, right? And so it's one thing when you say what something is not, but it's another thing when you declare what something is. That is what the SEC just did, right? Like, it's like For me, like, if I, if I tell you what I'm not— no, I'm not this, or I'm not that, or this is what— you know what I'm saying? I can tell you what I'm not, and, and it's cool. Okay, we, we know what at least you're not. That's the beginning stage. But what happens when I tell you what I am, who I am? That's another level of confidence. That's another, another level of establishment in my identity. Okay, so The SEC just declared these digital, some of these digital assets as what? Digital commodities. What is a commodity? Like gold. Basically, they equated them on the same level as gold. Okay. So you have all of this stuff happening. You have institutional infrastructure being built right now. That is the smart money building during all the noise that's going on around you. Okay, so I, I want y'all to pay attention to that and understand what— why, why you should be bullish long term on crypto. We're talking short-term noise and how you need to prepare for that and hedge yourself for that, right? Thank you so much, I appreciate this, uh, so much. I'm stacking in the dip XRP, HBAR, building my HBAR bag. Love it, you're looking hot tonight. Thank you, massive respect from UK. I appreciate that so much. I appreciate all of you guys. You guys are so kind to me. Um, and then, uh, thank you so much, Reginald. Uh, I just started buying, uh, crypto like a month, a month ago when I started watching your channel, and I'm above— wow, 1,000 XRP. So you, if you watch my last video, you're above the majority of people who hold XRP. Most people don't even know about XRP at this point, trust. So this is awesome and amazing. Because it— we already know where this— where it's going, right? So we got XRP as a digital commodity, okay? We already know what it's positioned to do. We already know that the rails have been— the XRP Ledger has been tested. We already know that it could become the solution to a liquidity crisis, right? And so we're dealing with a lot of stuff. Now let me say something else about Japan that I don't think a lot of people understand. Um, so we got— of course, we are— a lot of people are of course focusing on the Western markets, but there's something happening in Japan that a lot of people aren't considering as well. So Japan historically keeps about 55% of household assets in cash. So Japan is sitting on a lot of cash, y'all. That is an enormous amount of capital sitting on the sidelines that has not even touched digital assets. And Japan is actively right now pursuing the, uh, their taxation is crazy. They're actively pursuing regulatory changes that could drop, uh, crypto taxation from 55% because that's how it's high, all the way now down to 20%. That one change could unlock a wave of retail and institutional capital from one of the wealthiest household economies in the world. That wave hasn't even got here yet. There's so many different waves that it's gonna blow your mind. The fact that everything's being tokenized— thank you, uh, Fluffy, I appreciate this. I've been flipping fertilized duck eggs and selling ducklings and using the money to invest, uh, to purchase my first home and build a money machine. Oh my goodness, that is amazing, and it looks like you got a masterful plan in place. I salute you. Keep doing what you do. And I love— I mean, you guys, I love when y'all have a game plan, right? So, um, yeah, I'm gonna actually talk about this a little bit more. Not advice, but I bought AI agents. They're better at investing than humans. Yeah, they are, they are. And, uh, I, I'll be sharing some information on this as well, right? There is some massive stuff coming, you guys. I— you, you have no idea. I don't even think you're thinking Beyond, like, I've talked about everything that I've talked about with XRP and the blessing that it can have, um, in the, the, the sphere of moving value fast, quick settlement without intermediaries, without having to, um, pay everybody on every end, without having pre-funded accounts and capital trapped everywhere. That's, that's a game changer. But what I'm gonna share with you on Monday don't even touch the surface. Like, that's, that's a game changer. But what I'm gonna share with you Monday about XRP that hasn't been unlocked, it's actually 100 times like better than even what I always talk about with XRP. Like, when you get, when you really get the magnitude that this is about to go to, that's why I keep saying I think it's the biggest wealth transfer of, of your lifetime. You're not gonna— I'm telling you How high do you feel XRP HBAR will be in 2030? Um, I always tell people, not financial advice, but I see XRP going to 4 and even 5 digits in the future. I don't have a time span on it. That's the only thing I don't— like, I don't know if this is by 2030, if this is by 2040. Like, I can't tell you. I don't think it's going to take as long as people— like, I don't— I honestly don't think it's going— okay, we gonna— gotta wait 30 years or anything. I think you can see right now what's happening. We have institutional adoption, and by 2026 it's supposed to be institutional adoption by scale. Then you have everything being tokenized on the ledger, right? That changes the market cap, guys. I think people are looking at where these technologies can go from today's present perspective, and they're not being futuristic with what they're thinking about. Um, but it does take time, you know, for institutional adoption. So I'm not saying that, but, uh, yeah, you know, by 2030, I think, I think, I mean, 3 digits is a no-brainer by the end. Um, but I think at that point we may be even looking at 4 digits by the end. Um, but not financial advice, and I'm not, I'm not like I can't tell you for certain what that looks like, but I can tell you that XRP will win. And I don't care what nobody say, because if— and anybody who say any different, I think they just have not researched XRP to the magnitude that would allow them to enter into that conviction. And I think maybe they've been burned by XRP or cryptocurrency. A lot of people been burned. I mean, if you were somebody who came in and bought at $3.60 and 70 cents and we all the way down, could go all the way down to 80 cents, and I think we could. I keep telling y'all, I got limit orders all the way down to like 60 cents. I've been saying that forever. So if it happens, if it happens to get that low, you're gonna realize why I've had my limit orders that low, because of the possibility. There is a possibility easily that it could get to 80 cents, technically 80 and 90 cents for sure. Will it get there? I'm not saying 100% that it will, but it could. That's not out of— that's not off the table, y'all. Um, and then especially with what's happening right now with the macro events and everything and the, and the selling pressure, if the, if the, if Japan has to sell their assets, the stock market will go down. It will get hit, the stock market and crypto. So I'm specifically now saying crypto. So not— yes, the stock market, but crypto will go down. Bitcoin may come down to $50K. You're going to see levels break, right? And so, uh, Monday, um, how do you invest in the yen? Because the carry trade I signed up for, I trust going to, uh, from Prudential to iTrust. That is awesome. Um, what time Monday? It will be, uh, I'm going to do my Monday live around 4:30 or 5 PM public, and then right after that I'll go on with my members somewhere around 6:30. All right, um, well, I haven't— I haven't invested in, of course, the yen now. But why do you want to invest in the yen? Do you want to invest in the yen because you think the yen is going to get stronger? I believe it's going to get stronger. Um, but you should probably— if you don't know how, you know, like when you're talking about foreign, um, foreign, uh, currency, you really want to get educated before you invest in foreign currency, first of all, right? So, and right now, again, in the short term, we have not— the dollar, if you were going to do that, you should probably wait for our interest rates to go down because the dollar again is still standing strong. They're saying that they, they kept rates the same and they said we only getting one rate cut this year. So I think you should, um, evaluate if we're going to get that rate drop because that will make the interest rates here go down. And then if the interest rates in Japan go up, then you have a bigger profit then, if you're, if you're using US dollars to trade for the yen, okay? Because you don't want to trade it and then all of a sudden, um, after the fact, then we, we have a rate cut. Now I don't know if we're gonna have a rate cut. We could have an emergency meeting too, who knows. We've had a— we've had in the US, we've had emergency meetings um, to— for rate cuts, but Japan has never had one. So if Japan has a, an emergency, uh, meeting because they just can't keep their rates— they have to inflate because of the price of oil. And, uh, you know, Japan doesn't own any oil, so all of their oil is imported. Uh, but it'll be an anomaly if they do have an emergency meeting because they've never had an emergency meeting before, right? Um, So, but I don't want y'all like to just, you know, like, um, invest in things you don't know either. That's, you know, that's why I'm here to educate. Thank you so much. Oh, I appreciate this so much. DMACC, my wife loved your TED Talk on health, and this to your daughter. HBAR. Oh, I will definitely put it there for her. I'm gonna screenshot this right now. I'm gonna let her know that somebody blessed her with some HBAR. Man, that is so awesome. Thank you so much. That That's gonna make her day. That is gonna make her day. She just went today to get her license too, so she's, she's on a high, um, this weekend. I appreciate that. Thank you all. So, I mean, that, that is just so kind. You guys are just— you blow my mind sometimes. Um, I'm getting through these Super Chats. Honestly, how many of the other coins like XLM, HBAR, and Shiba, uh, we need minimum? Um, how much you need minimum is going to be based on your thoughts of where they can go to in the future and, uh, how much money you want to live off of monthly. So it's almost like you got to reverse engineer back. Uh, I am now buying XLM for a different reason, and I'm going to share that on Monday. Um, but I mean, it's, you know, it's always good, you know, you, you know, Shiba is like, the price is so low, is— I mean, you would have to have massive amounts of Shiba Uh, and, and I, I buy Shiba for a different reason. Shiba is retail driven. It's not you, it's not institutional driven, but that's what I think can make the price of Shiba go up. The— to me, the reason why the price of Shiba would go up is exactly opposite for the reason that XRP would go up. So they would go up for totally different reasons, uh, and, and Shiba would go up because of retail. XRP will go up for institutional adoption. And the reason that Shiba would go up is the exact reason— is the same reason that would keep XRP suppressed. So you kind of have to understand what triggers those prices for them. And I, I don't, I don't have— I don't know how much you should have, um, XLM, uh, you know, because again, Shiba's prices— so I mean, it's so low, you, you— I don't know how many dollars, you know, I don't know what the equi— what it would equate to in dollars, you know what I'm saying? So I have a lot of Shiba though, but I, I recognize it more in dollars than it is in actual Shiba, you know. Uh, XLM, I mean, it would be great, it would be great if someone was able to accumulate like 10,000 XLM, you know, that would be a great goal. But I always say, you know, start with 1,000, then go to like 250, 500, um, or 5, you know I'm sorry, $1,000 for XLM because it's so low. $1,000 to maybe $2,500 to $5,000, you know, uh, to $10,000. I don't— how much would 10,000 XLM be? Let me do the math because, uh, right now, I mean, you can accumulate much more at lower price, but, uh, let's see if— I don't even know what it is. Let's say 15 cents. That would be $1,500 worth of XLM right now. I mean, that could drop if it drops down to those lower rates. Like, imagine if I could get 10,000 XLM if it dropped down to 8 cents. That would be, um, let me see, I gotta do the math on it, sorry. Divided by 8 cents, um, no, did I do that right? Okay, I'm messing up my math here. Let's say if it was Yeah, that would be— wow, the number is so big, it's, it's blowing my mind. It can't be. I guess it is. Say 100 and— it's a $125,000. No, that can't be right. Y'all got to do the math there, but I know it'll be about $1,500 if you were getting it at this price right now, right? So maybe if you chop that in half, then just double that price, right? So, um, because it'll be, it'll be, uh, 8 cents. So 8 cents would be a little bit lower. All right, so I think I'm doing the math right, but I'm sorry, I, I'm not, you know, I, I got my, my calculator out, but you, you just gotta kind of do the math. I would say $10,000 or whatever, however much that is in dollars. I would say $10,000 is a nice amount for XLM. Uh, same thing with HBAR. I think I will put them both the same and say maybe $10,000 for both of them would be a great aim, but it doesn't mean if you don't have it that you can't work your way there. You can work your way to $1,000 real quick, and then you can work your way to, um— oh, you know what, I should have just timesed it, right? Um, yeah, you can work your way to like $1,000, then you can work your way to, you know, like I said, $2,500. Um, but it's much more affordable to do it because the prices are so low, right? So, um, but it's gonna, it's gonna look different for everybody. I don't even know how much I have in all of them. I got so many different wallets. Uh, Purple Rain Game Changer, uh, refund came in half, already split. Yes, Roth crypto IRA, open custody account, bought XRP, uh, ZBAC, uh, XLM, HBAR position. Man, that is so awesome. And I think you guys need to be— if you're going to be accumulating, I think you should accumulate at these levels right now. Um, I, you know, meaning participate in these levels but keep some cash on the side if there is a dip, right? I'm going through the Super Chat, so don't worry, I got you guys. Um, I'm looking at some more of the comments. Uh, hold on, let me— I gotta get to these Super Chats first. Thank you so much, uh, for everything. You're a blessing. I had XRP since 2023 and building. Just got my Tangem wallet. Love it. So hey, that's another thing, guys. I'm, I'm talking to a lot of people that still have their crypto on the exchanges, on, uh, Robinhood, um, they have their crypto on Webull. If you— now, if, um, just do know this: if your crypto is on Webull, you can move it to a cold wallet. You have to liquidate it first. For anybody who has their So if you— and if you're buying it on Webull, um, just know that you cannot move it to a cold wallet. You can't move it anywhere, okay? Uh, I think Robinhood you can move it, and I would suggest that you get it off of Robinhood as soon as possible, okay? So, um, I just wanted to say that because I've been talking to a lot of people who still have their— and if you got them on the exchanges also, imagine what's going to happen with if we do have a liquidity event. All right, so just pay attention to that, guys. All right, um, I'm still going through, uh, some more of the, uh, comments. All right, uh, all right, William, thank you so much. Great video. Just watched the video from Digital Perspectives, Brad, that they agreed on Yield for Clarity Act. Would you, uh, do you think it'd be immediate price action or, nor, or take a while? Well, and yeah, you know, Brad has been saying for quite some time that he believed that the Clarity Act was going to go through by the end of April, and it's looking that way. And that's another reason, again, why I say that, um, I'm very bullish on crypto long term. Okay, and so, uh, do I think it's gonna— yeah, I think retail is gonna start for— I think it will, um, it'll be levels to it. I don't think it just takes it all the way immediately where it needs to go. But I, I think that, um, yeah, people— there, there'll be a slow accumulation that starts to get— go in. There'll be a capital rotation basically into cryptocurrency after that because, hey, we got, we got, we got it written in law. Um, they have the rules and the regulations. They've been now deemed as like digital commodities. They know who's managing them, and it's not the SEC. And if the SEC was managing them They're a little bit more strict than the FTC. And so now that we know who's managing these particular commodities, digital commodities, institutions can now go in. They're already— again, you already— so the sign to me that they were already, um, the sign to me that they were already moving forward and that the Clarity Act was going to happen is that you got the OCC coming out saying that banks, banks are not going to custody crypto, y'all, if they don't think that there's no rules and regulations coming. You know, so even when you see those signals, you already know, okay, we don't know what's going on behind closed doors, but they know what's going on behind closed doors. So something about them must have knew, like, that the rules are going to be laid. Um, and maybe they perhaps feel as that they already knew SEC was going to declare them not a security and, and to declare them digital commodities as well, right? So I do think there will be a little bit more involvement um, but it will be a progression that just continues to move in the right direction from that point, right? And but I can't necessarily say to be immediate. Sometimes the market, um, takes time to price in things, the, the, the changes that are being made, and sometimes it's not immediate. Sometimes it does take a little bit of time, right? Um, somebody said congratulations, Nai. I think somebody, um was also asking about, uh, again, like trading, um, on like, um, uh, um, foreign currency. You would just probably use Forex, okay? Or you could do ETFs. Some people do ETFs as well. Um, let's see, any more? Uh, I'm going through a few more. Uh, do you think Jasmine will go up if Japan does well? Thank you very much. For your time, ma'am. You know, I don't know for sure, but I'm gonna— I'm gonna make an educated guess and say yeah, I think Jasmine will do well. You know, that's just me personally, um, but it's not something that I'm completely invested in. But I think it— I think it might do really well personally. Uh, thank you so much, you guys, for, um— I appreciate this so much, Abraham. You guys are amazing. Thank you for blessing the channel. Uh, big on XRP, Fluffy. HBAR, SHX, yep, for the long haul. Using SHIB and Jasmine for short-term gains to pay off Awesome. I love the game plan. Yep. And y'all know I got some— I got Jasmine, but I just don't have a lot of it, uh, as much as I do my utility coins. I do have some SHIB. I talked about that in my members, why I'm, you know, why I believe SHIB could make a nice profit. So I am bullish, um, on it being able to, you know, accrue, uh, profit for sure. Uh, how would I love my crypto to— oh, move your crypto to your wallet. That is what you can do is you can go on YouTube and you can look up how to move crypto off the exchange to your cold wallet. Basically, you would go into, um, your cold wallet and you would get the address, like going into a bank account to get your, your banking account number, right? You would get that address, you would copy and paste it, and then you would go to wherever your crypto is currently at and you would hit, uh, send because you're sending it out of that account. So you would hit send and they're going to say send to where, and you're going to put that, you're going to paste that address from your cold wallet there, and then it will send to that address. Just remember, remember to copy and paste it. Don't try to type it in because you might miss a letter and then that's it. And then always test with a very small amount, the minimum amount. Test with a minimum amount to make sure first, okay, if I send 10 XRP there, then it will get there. And then once you see it there, you're like, okay, cool. Kraken will save your, um, it will save your addresses if you, if you go through the process to save it so that you don't have to, you know, keep going back and forth. Uh, is Coinbase safe? I mean, safe, yeah, to buy crypto, but not safe to hold crypto. You know, it has a purpose. You know, you can quickly buy crypto there, but I say move it off the exchanges. Why? Because if you keep them on exchanges, the exchanges own your crypto. You do not own it. They, they have it on their books. You are their creditor, and if they decide that they want to keep your crypto, then that's what they will decide. Okay, so get up, get it off. Um, remember I always tell you guys I'm positioned also, uh, get it on a cold wallet. Yes, I also have other accounts for other purposes like iTrust Capital, and I do have a link in the description for that. I have XDC, XLM, Quant, SHX,, XRP in my Roth account and in my premium account with iTrust Capital. The Roth account is there for tax-free growth. While the market moves in your favor, um, and everything goes up, guess what? You don't have to pay taxes on that. They also have— I also have silver and gold in that account, also backed by real physical silver and gold. And I forgot to mention, they just got the RLUSD. They just got Ripple USD. Remember, RUSD is US dollar-denominated stablecoin developed by Ripple, so it's designed for institutional and enterprise use. So, uh, remember, it supports, um, fast cross-border payments and is backed by 1:1 by US dollars and cash equivalents. It operates natively on both the XRP Ledger and, I believe, Ethereum. Okay, so, um, I think they're the first platform where you can choose between XR uh, uh, RLUSD and, um, USD stablecoin. So where you can choose your stablecoin, basically. I think they're the only one that's doing that. So they just got it there. So I'll be, I'll be putting some money in there as well. Also, if you use the link in the description, you get a $100 free funding bonus. So when you get that $100, make sure you invest it, okay? If you open up an account with them. Thank you so much, uh, Ben. I appreciate this so much. Um, Thank you for your generosity. I speak blessings over you and everybody who's given today. And, um, and thank you guys so much, you know, just for, um, pouring into the channel. You know, I use it to, uh, cycle things back into the channel and make sure I'm getting this content out to you all in the lives. I will be, um, also I do want to say this, um, my coaching community is also on the link. So we look at what's happening right now in the world, we turn them into personal strategies We do give education, of course, and accountability, but we also give a game plan on everything, including your custody structure, your tax approach, how to think about accumulation at different levels, how to upgrade your mindset. And I'm coaching you every step of the way. I also got the one-on-one clarity calls. They've been going amazing, but they're open if you want something specific to your situation. Um, so, and the community is there for ongoing support and weekly sessions. So both links are in the description there. And I do want you to know I will be back on Monday, and I'm going to be breaking down a little bit more about what's going on in our macro environment. And with my members, I will be talking about some new, um, perspectives and again, new revelation that I believe that is going to take XLM and XRP to massive, like, levels, um, just because of the utility of it and what is being utilized. I don't think we fully have understood exactly how XRP and XLM will be utilized. We've only went one layer deep. I got a whole nother level, and I'm excited about it, and, and, and I am discovering it. And anytime I discover something, I'm going to tell you guys about it. But it blew my mind when I started to think about this, um, a little different. And, uh, and, you know, eventually I'll be talking about it and doing some videos on it, but I want to release it to my members first. I've never talked about it, uh, before this day, so I'll be doing that again on Monday. And for all of you all, thank you. I love you guys for rocking with me on Saturday. Um, you guys are so kind, have always been so kind. I love this community. I'll be back, um, also answering some questions on Monday, so don't miss out on that, about around 4:35 Central Time. And listen, I just want to say, I hope and pray, uh, that you do care enough about you, your family, and your future that you make decisions that will produce the best outcome for you and those who depend on you the most. And as always, I want you to stay wise, stay wealthy, and I'll see you guys in the next video. Peace out.
