The Reverse Carry Trade Is Unwinding NOW... And XRP Is The Fix

Hey, it's Kamilah Stevenson, and around here we talk wealth. What's going on, you guys? We got a lot to get into today. It's going to be great, trust me and believe, especially if you are an XRP holder. I see you, Tiffany, New Jersey. What's up, Don? I know you old school, you like, what up though, from Detroit. I hear you, I love that. All right, go ahead and like the video, subscribe if you have not already. We're going to get into it. You're going to learn something, uh, that you need to understand, uh, about what is happening in our environment, in the economy. I see Steph, uh, Stephen, thank you already. You already give us super chats. I appreciate this. I'm feeding my newborn son Desmond. Oh, congratulations, while watching your show. Can't wait for BOJ to start the unwind. I love to see that. And, uh, that's what I'm going to talk to you about. Detroit, what's up in the house? I appreciate you. And I, I appreciate all of you all. Go ahead and share the video, uh, again, hit that like button on the way in. It does help the algorithm. And you know, sometimes, um, they shadow ban you and stuff, especially if you talk about your faith and stuff. There's certain reasons why your videos won't perform as good. And the crazy thing is, I— some of my videos weren't performing as good because I had so many impersonators that I think it messed up the algorithm a bit. Uh, but either way, I'm here with you guys. That's why I love the lives, because regardless of even the pre-recorded videos, I love to be with you guys. Um, we got a lot to talk about. I'm sure maybe some people might come in and flood the, the stream about XRP and stuff. I do want to sober you. Y'all know I am— I'm not hype-driven, and you're going to understand by the end of this that I'm not hype-driven. I'm telling you the data, I'm giving you research, I'm giving you things that you can investigate yourself, right? Um, let me also say this: XRP a day keeps the FOMO away. So I bought some this morning at $1.06. It actually hit— that might have been the low. I might have caught it at a really good time. And it wasn't that, you know, I was— I just think I just caught it at a really good time today for, um, for today, you know. It's, uh, we are expecting maybe for it to go lower, but, you know, we still at the bottom accumulating zone. Um, I think it's always a— this is every— this is a good place to buy. I mean, um, everybody keeps asking, will it go lower? Should I buy? It's a good place to buy it. Do you think anybody, uh, cares, uh, who bought Bitcoin at, you know, oh, did I buy that at $1.50? Did I buy that at $2? They don't care if they bought it at $5. They all experienced the same thing. And I know a lot of people are like, when will we see 3 to 4 digits? We are looking at certain events that could take place that can lead XRP to different numbers. When we talk about those high digits, that requires a huge liquidity crisis. It requires something huge happening, okay? XRP is not going to get to high digits just in a bull run, in a typical bull run. Um, but it is my job to help you to understand how we can see that. I love it. At 744, reach your goal, done accumulating. I love it., and a lot of you all are not done. So just keep on accumulating at 744. It can go over into other assets. I love precious metals. Listen, we're going to get into it. You are going to understand exactly what is happening. Hello, Kither. I hope I said that right. Like the video. I want to start with something before I get into the meat of what I want to talk about. I know a lot of people are talking about the reverse carry trade. You probably hear it all the time. It's everywhere. Reverse carry trade this, reverse carry trade that. And if you know that it's happening, it's great, okay? It's good and it's very, very important if you understand what's happening because it's the knowledge that you need, especially if you're holding an asset that could be affected by it. I'm not saying it will, okay? And Kai is not saying, or Kia is not saying, I don't know if I got that name right, I'm sorry. It's not saying that it will. He's— or she, I don't know, I'm sorry, um, says XRP might go to $1.50 for Christmas. So not everybody, um, it is the world's best interest to use XRP. I believe that it's not everybody, you know, believes, uh, hey CJ, that, um, it will, it will have— it is happening. But Alexander, it's been happening for quite some time. I'll explain to you today. That's why Uh, my landlord saw me researching crypto. I want to read this. Uh, when he came for rent one day, XRP was not on my radar. Gave him— he gave me $200 back and said, I did it on XRP. I did, it was under 30 cents. Wow, that's awesome. I love to see that. I love to see it. All right, so, uh, I know a lot of people hear it, and that's why I'm going to help separate you guys so you can understand some things. Um, because a lot of people say things simply because a lot of people are saying them, right? It doesn't mean that you understand it. A lot of people just repeat phrases, uh, without really understanding what it means. So somebody— you, you might be holding XRP and you're like, the reverse carry trade, because you heard somebody else say it. There's a diff— there's a difference between knowledge and understanding. Um, there's a proverb that says, by wisdom a house is built, by understanding it is established, and by knowledge the rooms are filled with precious and pleasant riches. Um, if you understand the order of it from the bottom up— knowledge, understanding, and wisdom— there are 3 different things, and you really need all 3 of those to build something that's going to last. Knowledge, for those who may know a little bit about the reverse carry trade, knowledge is knowing a fact. Yes, we have the data that shows what's happening in Japan right now. Um, knowledge is hearing the reverse carry trade and knowing that it refers to something happening in the market, in the economy. Right? That's the first layer. And most people, they, they understand that. Understanding— I want you to know the difference because I'm going to give you that today. Understanding is— the JPY is still at its weakest. Yes. Understanding is the layer, um, that a lot of people are missing. And understanding is knowing why it matters and how it actually works. Okay, what causes it and what it sets in motion, okay? So it's seeing the, the relationships, the dominoes of the entire chain. Understanding is what lets you take a fact and actually do something intelligent with it, okay? So that's what you're going to be able to get today, a little bit of wisdom. And wisdom is what you built on top of both of those, the ability to make right moves, um, you know, because, because you understand and you grasp what is happening underneath it. So I want you to remain grounded, and so to day. I was going to say tonight, it could be morning, it could be afternoon, wherever you are. I am giving you the understanding underneath the thing that everybody is talking about, the reverse carry trade, okay? And so I will get to some more of the comments, I'm looking at them, but I really want to help you to understand this. And if you do hold XRP, and just in general, you need to see what's going to happen, okay? Um, because it involves you and it's going to— it's not going to be good for a lot of people. Now let me start with just the, the basics, and I'll walk you through this, all right? So you can finally understand. I think by the end of this you'll be able to understand it in a way that maybe you never did before, and you'll be able to position yourself right, okay? Uh, Corey, you are not late. We are just getting started, I promise you. And then I will, I will, uh, you know, I'll be looking at the, uh, comments, but I have to get through because I need you to understand what's happening so that you're not like just running around like, oh, reverse carry trade, reverse carry trade, XRP to the moon. You have to understand what this all means, okay? I see. All right, for 30 years, all right, for 30 years, uh, Japan kept its interest rates at basically zero. So what you could do is— and I know some people know this, but I have to get the background, and I'll tell you how XRP ties in— but you could borrow money for almost nothing. And, and the smartest largest money in the world figured out how to make this a trade. You know, it was really powerful what they did. And what— when they started to understand that, oh, I could borrow for 0% interest, basically for nothing, and get a return on that, it really became one of the biggest positions in the history of finance, uh, the carry trade, the Japan carry trade. And so you borrow money from, again, Japan for free or close to it, and then you convert it and then you put it anywhere else in the world that pays more. US stocks, real estate, crypto, uh, US government bonds, they were paying 4 to 5%. So imagine if you're borrowing at zero and then you're earning 5%, or maybe just borrowing money for business or something like that, right? And then you pocket the difference, um, on billions of dollars. That is the carry trade. Free money in, higher returns out. Simple math. And whatever's in between the spread, you get to keep it. Now think, uh, about, um, what that did to the whole world for 3 decades. Because this has been— my goodness, this has been since the 1990s, I want to say. For like 3 decades, you have an ocean of cheap Japanese money flooding out of Japan and into everything else. And what happened was that money lifted the markets up everywhere else it landed. Why? Because again, the money was for free. So stocks got bought with it, crypto got bought with it, American debt got bought or funded with, uh, by it, funded by, um, that being able to take out those loans. The estimates on how big this trade got runs from, I want to say, somewhere between, um, over $1 trillion on the low end. It's a big spread, I'm just going to tell you now. Somewhere around over 1 million or 1 trillion, sorry, to almost maybe on the high end, maybe $20 trillion, okay, as the widest like measure. So when I tell y'all this has been a crazy engine, this has been a crazy engine. And a huge portion of the global bull market, any bull market you've been through or lived through was actually powered by cheap money borrowed into, uh, in a country that most people probably never knew, which is Japan. Most people didn't know that the bull runs and all of this other stuff that was happening um, in the Western, you know, uh, uh, economy was being powered. And all over the world, it's not just here, okay? So let me walk you through what just changed, okay? Something happened in Russia today. I haven't seen, uh, shoot, I've been at martial arts, uh, and I was making sure my lip was okay because, um, I was doing a move today and an instructor like flipped me over. Um, we were just trying to demonstrate a move and his watch hit me in my eye, so I mean in my lip. So hopefully— I was like, uh-oh, I don't want to get on live and have like knots and, you know, black eyes and stuff like that. So if you ever see me with that, just know, uh, it's probably a little fighting. All right, let me, let me continue. Um, I'm looking at the chats a little bit. Here is what just changed. I need you to know that there's been a shift. And so somebody did just ask in the chat, they're like, is it happening now? Yes, it is, and it's at its worst ever. And it's been happening for quite some time. You know, we've seen interventions in '22 and, and '24, 2022, 2024. But here's what just changed, and this is what you have to watch. You're going to become intelligent in this, I promise you, and you're going to see how XRP could fit into this. I am not promising you anything, right? Uh, yeah, Sensei was wearing this watch. It was like impromptu, right? It was an impromptu. Somebody was concerned, like, Sensei wearing this watch during sparring. Um, and, and usually that don't happen, but, uh, yeah, it's okay. If you can't get hit, like, like, I mean, I, you know, you don't flinch, uh, and we practice getting hit often, you know. Sometimes we got to put our hands over our head and get kicked in the, in the ribs because you got to take a hit if you're going to fight. Like, you can't be somebody who can't take a hit if you're fighting, right? So we, we train for that too. So all of it is training. It's all good. All right, so Japan's interest rates are rising, and I'm telling you, they're rising fast. I'm going to help you to understand Right, thank you so much. This is so awesome. Thank you for the Super Chat. Please don't let anyone who gave up on their dream talk you out of pursuing yours. This is such an inspiring message to everybody else. Please don't do it. It is really good to have levels of anticipation and expectation in your heart, um, grounded with education, not just out there. That's why I'm telling you guys, even if I say something that feels hypey, it's really not, because I'm settling you. I'm grounding you. I'm giving you understanding and wisdom to be able to move in the in-between portions, right? Oh my goodness, my favorite is here! Thank you so much, uh, Larry Jones. And y'all know I love Larry Jones, and you better go follow his channel if you have not yet. You need to understand what's happening in the stock market, in the economy, and he is the perfect person. I was just talking, uh, to someone yesterday who was just telling me how much she loved Larry Jones. And I think she might be a part of, um, your group. And she was just like— I was like, he is the bomb. And she said, you have such a huge heart to really want to help people. Um, so what you're doing is just so amazing. I, I— you inspire all of us. Um, just everything you're doing to help investors to become free. I mean, we, we got to become free, you guys. So follow the right people, okay? One of the greatest lessons in life is follow the right person, um, listen to the right person. Uh, you can learn from everybody, but you don't want to listen to everybody, okay? So use wisdom and make sure you're following the right people, and Larry Jones is the right person to follow. So if you have not done it, please just take a second right now while you even watching this live, go and hit that like button, sign up for his university, and get educated. That's what I'm talking about is getting educated and getting understanding, right? So let's, let's talk about, um, what is taking place right now so we can have the data, and then you can make your own educated decision. Because, you know, when you're getting educated, you're learning how to make your own decisions. You're, you're, you're learning how to manage your own risk, okay? So, and, and the best way to do that is to become educated, is to have the knowledge, the education, and the wisdom to be able to do that. So Now what we're finding out in Japan, and this could affect the stock market, this could affect things. I'm not telling you what it will do. I'm not predicting anything, but I am telling you what signs and signals that you need to be watching. So Japan, their 10-year government bond just climbed above 2.8%, the highest in roughly 30 years. 30 years, 3 decades. Their 30 bond is up to around 4% right now. So this is happening because Japan also announced an enormous spending plan, over $2 trillion worth, through like the next— I want to say like 15 years or so. And I'll look at some more of the chats, but I really want to get through this, which means that they have to borrow a mountain of money, right? At the same time, the Bank of Japan, which used to buy up their own bonds to keep rates low, they have been stepping back to buy far less. I'll explain why they're stepping back, um, because stepping back helps them to, um to keep the rates higher. And that's what they want. They want the rates to be higher. So it's only a few ways you can do that. And one of the ways is to step back from buying bonds or to sell USD dollars or to buy the yen. Okay. And so right now you have more borrowing, they have fewer buyers, and the rates, that'll hopefully go up. That's what they want to happen. And once the Japanese— because this is a domino effect and you got to see how it's going to affect you. And I'm going to I'm going to slowly show you how it could affect your— you know, we coming to your kitchen table, okay? Once Japan rates rise, the entire trade starts to break. So follow this with me, uh, because this again matters for your money. For many people, if they borrow free money in Japan for 30 years, that part is over. The party is done. You turn off the lights, disco off, you're finished, okay? Because it's not free anymore. That's— it's just simple math. The money that they bought, remember, for almost zero, it's not free anymore. So now you have to pay back that interest that you borrowed. So the traders, um, sitting on this huge pile of borrowed money have a problem. The trade that printed money for 30 years is now bleeding for them. And when that happens, you only have one choice. And what is that one choice, ladies and gentlemen? To sell. So they're going to have to sell. What are they selling? Stocks, crypto, whatever assets that they bought with cheap money. They have to convert the dollars back to yen, and they have to pay back the loans before they get worse. Think about it. If, if you borrow money from— if you borrowed a million dollars for nothing, and now you have your million dollars in the stock market earning— even if it was just sitting in a bank earning, you know, 4% interest or whatever, And, uh, and now all of a sudden that 0% starts creeping up, up, up higher. Then at some point you have to reverse engineer, you have to reverse that entire trade because now it's costing you a lot of money to keep this debt open. So again, that is the reverse carry trade. It was the carry trade. Now you have to reverse this trade to get that money back and to settle things. That tide has flowed out of Japan and, and lifted up, like I say, the world for 30 years, and it's rushing back now. To reverse itself. So this is why also, let me help you to understand this. Yes, they have to sell because it is expensive. And guess what happens when the selling pressure comes? Okay, what do you think is going to happen to crypto? What would you think would happen to the stock market? What would you think would happen to assets in general? Now, there are some, and I'll help you to understand the possibility. Again, it's not a prediction. It's just like just paying attention to this stuff. That's it. Uh, no, we didn't have an earthquake. I don't, I don't think we had no earthquake in, um, Chicago, Mommy Wolverine. I don't, I don't know where they got that from. Have they raised rates yet? Um, not yet. They haven't entered. Uh, so they've been, like I said, you can see, like, you know, I look on a chart and let me help you to understand this part because what do I look on the chart to see for this? I look at one specific chart and it's called the USD is USD/JPY. And all of it, what it measures basically is how many yen it takes to buy one US dollar. When that number starts to climb, um, like it's been, and once it started getting over 160 and higher, it means that the yen is getting weaker and weaker. And a weakening yen is the pressure gauge. It's, it's gauge— it's like, um, it's, it's hard to say. It's the pressure because The weaker it gets, the more it forces, uh, Japan's hand. And you— I'm not telling you what Japan is going to do, but it— the more it forces their hand. A falling, weakening yen is going to make everything, um, that Japan imports, especially energy and food, just painfully expensive. It's going to make it very expensive, and it drives up inflation inside of Japan, and it shakes confidence in the currency, right? So the higher the USD/JPY— that's what I look at— The higher that number climbs, the more pressure builds on the Bank of Japan to decide whether or not we have to intervene, we have to raise rates, or we just tolerate the weakness, right? And so you can see on the chart, like, there's times that it's climbing and then it comes down, and it looks like the volume is much bigger when it's coming down. If you look at the chart, the volume every time it comes down is much bigger. And so I would assume that there's either um, I don't know, one or two things. Maybe, uh, some, some of it, some of the times, yes, it is an intervention, or the other times it could just be like an unwind, like hedge funds and stuff unwinding. So I don't know, um, what to make of it, but I do know that it looks like there's like one every time it comes down and, and that, that, um, that volume is big. And so it could be them stepping in, but like I said, the only way for them to help the situation honestly is again to sell US dollars, to buy back, um, to buy back the yen, or to stop buying, uh, the bonds. Okay, so because buying the bonds is going to push it in the opposite direction, it's going to push the, um, push it lower, push the rates lower. Okay, so what happens is, let me see. Yeah, see, so, so we see this, you know, when you're looking at that chart, 162.6, um, and, and if, you know, getting up over 163 That's— that, that causes a huge problem for them. Okay, that causes a huge, um, problem for them when we do that. So that is the chart that I'm looking at to see, you know, exactly what's going to happen, right? So now, uh, so again, higher Japanese rates, um, pulls money back towards Japan, and investors wind up, uh, rushing to unwind their positions, and they sell their assets around the world. This is a global thing. To convert back into yen and to repay those loans. And what happens is that pulls liquidity out of the global markets. Now, here's, um, we're going to get into that because some people don't— I had a, I had a question where somebody was asking even like, what is, um, what is a liquidity crisis and stuff? So I really want to address that because I don't think people understand when I tell you when you're pulling liquidity out, that's when you can see a strong pullback. Okay. So when you watch the yen weaken, um, to a huge extreme, understand that what you're watching is the pressure build towards, um, I guess like the possible moment that Japan may have to act. And it is that action that sets off the unwind. See, these are— things don't just happen just by itself, okay? There must be certain things that happen first that would set off the You know what I'm saying? The unwind. And then a lot of other things that would happen if XRP ever got involved in this, okay? But I'll talk about that in a minute. But this is why, again, watching the yen very closely matters for your personal money, because it was never just about Japan. It is about the liquidity of the entire world. It is a liquidity issue, okay? And this would become a liquidity crisis, and I'll help you to understand what that means. And we see things already in motion in June alone, statistically, a massive domino effect. Absolutely, yes. Um, and, and, and maybe an unwind, yes, but not maybe a violent unwind because it's, it's measured. That's fine too, but I'm just, I'm just giving you the data and what to watch for and the possibilities of things that could happen. Again, not a prediction, but I'm telling you what to watch. In June alone, and, and, and really it's more about watching the signals, okay? Because, uh, we're in July. In June, foreign investors sold around $19 billion of Japanese bonds. So you have to watch also the bond market because that was the largest monthly outflow in years, okay? So whatever you may have seen in the past happen where they manage things, this is— we're at the worst it's ever been, all right? The money is moving. This is not something I'm telling you, uh, I'm not warning you about this someday. It's happening, okay? That's what I'm trying to tell you. It's happening now. Again, the domino effects and everything that we have to look for, that becomes an issue also. But let me talk about the liquidity crisis because I— a lot of people talk about, oh, XRP, um, first of all, XRP is built for a liquidity crisis, uh, in the right scenario. There's a lot that would have to happen. But let me help you to understand, because a lot of people— and again, I got this question, what is a— what really is a liquidity crisis? Let me help you to learn something, okay? Um, and let me, let me look at the chats, uh, today. Um, okay, I see y'all going back and forth. Yeah, I'm just making sure. All right, I'm making— I'm just looking at you all's, uh, chats now. Again, like the— like the video if you have not already. Um, I'm, I'm going to help you to understand something. All right, and so that's what I'm here for. I want you guys to be knowledgeable about everything that's taking place. And again, I'm not saying what will or won't happen. I'm telling you what to look for. I'm telling you, you know, the real— the reality is I'm going to tell you something where, uh, you can go— you can go back to whatever you was doing after you hear this. Listen, the main job as an investor is to be positioned to benefit regardless. That's it. Y'all can go home. Y'all can— y'all can do what y'all was doing. That's it. That's it in a nutshell. You, you got to position yourself to be able to benefit regardless. Regardless of what? Regardless of a reverse carry trade, regardless of a bear market, regardless of a bull market, regardless of high inflation, regardless of deflation, regardless of if the Republican is in the White House, regardless of if the Democrats are in the White House. It doesn't matter. You have to learn how to position yourself regardless. That's the wisdom of the day. All right, let's talk about the liquidity crisis so you can understand this. I want you to understand this because it explains what a liquidity crisis is, um, in this moment. And a lot of people don't— you know, like I said, y'all hear words and you may not even know what they mean. So I don't ever assume that you know because I am really an educator at my heart. Like, I love education, right? So Um, most people think a liquidity crisis means there is no money. Oh, we ran out of money. That is not it. A liquidity crisis means that there are— there is probably plenty of money, but it suddenly, um, gets to a place where it cannot— it cannot move anywhere. It cannot move where it's needed, okay? Because everybody is trying to move it at the same time. So again, it's not about running out of money, it's money existing, but everyone suddenly wants cash at the same time, okay? So if you picture like if you are in a packed stadium and you got— and it's a game, 80,000 people in the stadium, okay? 80,000 people and they all rush for the same exit at the same exact time, okay? They are rushing. So it's one thing when you're in a calm environment and people are getting up and going to the bathroom and, you know, like how you go through exits and stuff. It's another thing when all of a sudden you hear, uh, shots in the air and then everybody go rushing for the same exit at the same time. Okay, the people are all there, the money is all there, the exit is there, right? But everything gets jammed, nobody can move. And then guess what happens when nobody can move? What happens to the people? Oh my God, we're in a panic, we stumbling over people, people wind up dying because you jumping on top of them and all kind of crazy stuff, right? That is a liquidity crisis. Just replace the people with money. Okay, so when or if this trade were to ever If I said if, I didn't tell you what would happen. If it were to unwind fast and there were a domino effect or whatever, um, and everybody, all the dollars are rushing to the same exit at once, everyone is selling now. Why? To raise cash to pay back their yen at the same time. This is what I need you to understand: at the same time, banks get nervous and stop lending. There's a domino effect. Companies struggle to roll over their debt during times like like that. Uh, investors dump good assets just to get cash. Everything freezes. Um, money is there, so it's not about it being gone, but it's because it's all trying to move through one door at the same time. That is a liquidity crisis, and that's what you have to picture in your mind if something like this was to, to happen. So, um, first of all, for the people who want it to happen, I get some people are connecting it to like I want this to happen because I think possibly it could do something with XRP. Honestly, the reverse carry trade by itself is not good news. I need you to know that first of all. It's not really something that you should, you know what I'm saying? It's not good news, okay? If that were to happen, if it unwinds, it's messy. The markets go volatile. Risk assets like crypto is going to fall. People are going to think it's going to fall through the hole. And I'm not saying this is going to happen, I'm just saying if that— if, if things were— if everybody's looking for exit door at the same time, that's not good. That's a bad feeling, you know. So honestly, on a humanist— a humanistic level, you don't really want— like, because people will suffer, people will sell at the wrong time. Even people who have nothing to do with the trade would be so scared out of their minds that, you know, and that selling pressure um, would cause some, some issues. But the reason why we have to watch it is because it is a catalyst. It is a catalyst. It is an event that can change the entire environment, and how it resolves itself is important, okay? It's good if you position yourself. So because if Here's— because here's what would happen after the panic. This is— and again, I'm gonna get— I'm gonna connect XRP, right? After the panic, see, when a liquidity crisis gets bad enough, the people who run the system, the central banks, are eventually— a lot of times they're forced to step in. So they might cut rates, they inject money, they do whatever it takes to get that money back flowing again. All they need is a It's like the, you know, like the blood flowing in your, um, in your body. And I mean, let's be honest and just say the blood flow got clots. It's been had clots all the way back, you know what I'm saying, since 2007 or whatever. It's had clots, um, but they do whatever it takes often to get the flow, the flow back again, the, the money flow, all right? Even though it's a perpetual, uh It's— yeah, it's a, it's a big mess anyway. Um, but every time that they do that, they flood the system with new money, with cheap money. And that money, guess what, y'all? Here's where we come in. When I say get positioned, regardless, that money has to go somewhere. Where does it go? Well, often it goes into scarce assets, okay? Into scarce assets. The things that cannot be printed— gold, real estate, and increasingly digital assets as well. So the same event that causes the pain is often the exact thing that sets up the next run in the assets that we position in, okay, once the response kicks in. All right, so while people still out shopping and buying new stuff and doing all this other nonsense with their money You got another group of people that's positioned regardless. That's what I want to say, the word regardless. Now let me show you how XRP, um, could intertwine with this, or how it can be related, I guess, whether you want to say directly or indirectly to XRP. Um, and I, I'm going to be precise so that you know the difference between what is real and what is hype, because I'm not here to hype you. I don't have a prediction. For you. I'm sorry. I can tell you what signals to look for and how you should position. And, you know, I'm under the— I'm buying still. Like, every time there's a pullback for something that I really wanted to position in, I'm, I'm accumulating. It's just that simple. Now, am I loading up? It just depends on, you know, everything is on a different cycle, you know. Even within certain companies and stuff, you have some stuff that's dropped. And, you know, I really want a good position. I want a strong position in QQQ, so I'm, I'm waiting to really, um, I, you know, I, I've been buying, you know, I buy ETFs all the time, but I'm really waiting on a good position, um, and I hope I get even greater opportunity. But in the meantime, I'm still buying. I don't try to time the top or the bottom. But anyway, when capital is rushing across, uh, borders in a crisis, okay, this is how XRP fits in. When, when, when capital is rushing across borders in a crisis, when institutions are desperately trying to move value between countries and currencies without leaving huge piles of money trapped. Because remember, that's the old system that is trapped in these accounts all over the world— nostro and vostro accounts. They run, they, they run straight into the oldest systems, or the— I would say the traditional system, the old system's biggest weakness. That's how you know a weak— you don't— so like, even on your body, right, you don't know a weakness until it's, it's challenged in a sense, right? So you don't, you don't know how weak you are, um, even in your strength, until you go and pick up some dumbbells and see how much you can really lift. You don't really know that unless it comes up against some level of resistance. Okay, so if something like this were to happen, it would expose how slow the old rails are, how unequipped the traditional system is. So you have to take that into consideration, that currently you may not know how weak the system is until it comes up against friction, until it, it it faces a problem, okay? Like if a dog is running after you and you start running and you realize how out of breath you are, you didn't realize that you, you, you unfit until the dog— oh Lord, I need to get myself in the gym because I couldn't even— I couldn't even run from the dog, you know? I almost got bit by a dog. You have to run up into some kind of problem for the revealing of where you really are. Right? So right now we know in theory intelligently, oh, the traditional system is, you know, horrible and all this other stuff. But it's a different game when you run into a liquidity, a liquidity crisis that people are trying to fix all over. You don't know what choices could happen, okay? So this type of event could expose again how slow the rails are. And they force banks to park money in advance in the old system in every country that they operate in, which, if you find out again in the midst of a big problem that, whoa, this solved the problem, then you just move on. You never go back. You never go back. Okay, it's just like, I don't know, like, um, I don't know, you found out a supplement, um, that, that helps you gain more energy while you're working out, or, or you— or no, it's just like someone who is overweight and they lose a couple of pounds, they build a little bit of muscle, and they realize at that point how, man, how unfit, unwell they were. And they have now this feeling and they're like, I'm never going back to that again. Right? You don't know often how, how blind you are until you can see, okay? Until you're in a situation where something can be fixed and you're like— and then you look at the old and you're like, I'll never do that, I'll never go back to that again, okay? So I say that to say, um, that the old system is old, slow, and expensive. And if you ever run into a problem, if somebody were to decide, I want to just use a different solution for this problem that we've never used, and you see it at work, you'll never want to go— you're not going to want to go back to the old way of doing things. So let me say this: in a liquidity, uh, crisis, that trapped money from the old system is the problem. It's the problem. Now imagine a neutral asset that lets value move between any two currencies in seconds without leaving all of that capital stranded. That is what a bridge asset does, and that is the exact job of XRP. That is what XRP was built for. So think of it like if you are on a highway and it is crowded— you ever been on a— oh, in New York and, you know, California— if you ever been on a really packed highway, XRP is like— imagine if all of a sudden um, there was an express lane, like, and just magically, like, an express lane appeared. Oh my God, people would be like, oh, I'm moving on, you know what I mean? Like, and, and because now you see the value of that express lane, you see it more clearly in a pro— in the middle of a problem, okay? You don't— you may not see it, and, and maybe it's always been there, who knows, right? Maybe it's always been there and you never used it, never paid attention to it, or whatever. Um, you just rode on the same road every day, but now this road got backed up and you see a little, a little entry point coming where you can now move over into that lane that you never even paid attention to. It becomes more attractive, right? So, um, uh, being— and you say hard to see happening without the Clarity Act. So number one, XRP has clarity, um in the United States. Meaning, and the clarity we're talking about is who regulates this— CFTC, SEC, or whatever. Like, uh, XRP already has clarity. And number two, let me just say this, and again, this is not a prediction, this is not me saying what would happen or not, but you also have to understand that things are different when you're in the middle of a crisis. Things are not treated the same when you're in the middle of a crisis. Okay, it's just like, it's just like if you were, um, if you got— I hate using like crazy— if you got injured along the road and you're a person who don't really trust a lot of people, um, you don't let people close to you, maybe you're just that person and it's like anybody who come close to you, you think something is wrong. But say you're injured and you can't move and you can't get anywhere, right? And somebody comes along, you're gonna want the first person to come along. You don't care if you know them or not. I need help, I need help. I need help, right? So you don't have the same rules when you're in the middle of a crisis as when you're in the middle of calm, okay? That's just the behavior of whatever. Just like, uh, most people logically in their calm state, they don't— they don't want to sell at the bottom. They don't want to. But if a— if something happens and you're now in a situ— a chaotic, volatile situation, it'll make you do things that you normally wouldn't do. The rules are out the door, in a sense. So, um, I'll just say that when there is an option and, and things can't settle, and you know what I'm saying, stuff ain't, you know, you know, you're in a liquidity crisis— I wanted to make sure I didn't miss any Super Chats. Um, things don't operate the same, but XRP in the United States does have clarity already because it went through the court case. It's the only one that went through the court case, as a matter of fact. So it does have that level of advantage in a sense. Um, but for anybody who has this thesis— now I have a very conservative thesis, okay? Because psychologically it makes me feel good, all right? I don't— and, and for some people they, they dream big and stuff, and that's fine. Like, if it— if whatever happens, I'm ready for whatever. I don't— it doesn't matter to me, right? I am— I've kind of become emotionless about all of this. Like, I don't— I'm not an emotional person, so I don't care if this— if, if things crash, and I don't care if things take off. I am positioned for being, you know, this being a beneficial situation either way, because it's not the external world that makes those decisions for me, it's my internal world, okay? So you have to ground yourself and you have to establish yourself in a level of calm and peace and bliss and joy and you know what I mean? Like, that doesn't come from, oh, what happens if the stock market crash? Oh, now I'm gonna be like, like I just got electrocuted, you know, that person like hair all over your head, you're just crazy and stuff. Or if the bull run, you know, or if, you know, things took off, I'm not like that person that's like super greedy, like, oh my God, I'm going, I'm FOMOing in and, you know, buying on the top and stuff like that. Those are psychological issues, and that's why I work really, really hard on my nervous system. I know you don't want to hear that because it's like, how does your nervous system have anything to do with your finances? Oh, I can guarantee you that you will make a lot more money and you will keep a lot more money if you can become more self-regulated. If you can get your nervous system well, I can guarantee you you will outperform everybody, right? Because this entire market, it, it, it preys on the emotion the emotional wreck, wrecking type of personality. Like, you, you are emotional wreck. You are, you are moved by every wind that comes which way, the fear, the greed, and all of this other stuff. And really, you just need to have a plan, and you need to get yourself together and just stay steady. And you need to be very intentional. And yes, your nervous system is going to play a huge part in this, right? You're nervous. Yes, say no caffeine, girl. Your nervous system, deep breathing, meditation, settling yourself, walking in nature, an Epsom salt bath, good sleep at night. Okay, y'all don't think how this stuff can play a role? Oh yes, it do. You sitting up eating junk all day, you can't think straight, you don't get enough sleep, you're arguing with your friends and your spouse and all of this other stuff, and you think you're gonna trade and be a good investor? No, you're not. And then the stock market going crazy and it's irrational and volatility. No. It's a whirlwind. I'm telling you the truth. So again, the thesis that a lot of people are operating on, um, it's a powerful one. The reverse carry trade is one of the few macro events large enough to force the world toward faster, more efficient settlement, because a crisis again is what exposes how broken the plumbing is. That's what I'm trying to tell you. If, if it— if, if, if, if— okay, if there was an unwind, it will expose how broken something is. Just like those weights, just like resistance will show you how out of shape you are. Try to do 20 burpees and you'll find out how out of shape you are, right? This, this— now, this kind of stress, it doesn't guarantee anything, but it's precisely the environment where, again, a neutral bridge either proves its worth or just doesn't. Either way, okay. But this is why this specific, again, macro event is one of the only roads— or one of the only roads, not the only— one of the only roads that could take XRP into a completely different league. Because it would take the, the financial system itself to change to get there. Okay, so I'm, I'm helping you to understand XRP don't get to these digits that y'all talking about without a crisis. It doesn't. All right, so if that doesn't happen, we on the same page as— we, we on the same page as Bitcoin. All right, if you ever saw a decoupling, it would be because it was utilized for a liquidity crisis, right? So that means that there would be some level of, you know, institutional adoption. Um, it just— it would be— it would be utilized at scale, not like— not on a low level, but at scale, okay? So I just want y'all to know that XRP don't get to 3 digits just for nothing, like You know what I'm saying? Um, yeah, 3 or 4 digits for nothing. Um, you know, I will say that the exchanges have very, uh, a thin float right now, and it— and things could gap up, but I, I just— I don't see it getting, you know, to a high price outside of something, some macro event. So meaning you, you won't be able to— so, so if we're looking at just the regular data, we're following the charts. Okay, but to me, the charts can't represent— it doesn't represent something like this. Like what I'm talking about today, the charts don't represent a reverse carry trade or some other event happening. All right, so right now you have to— I want you guys to understand that. I want you to know what you're dealing with, um, and I want you to be thinking and not reacting. Okay. You got question marks. Yeah, something has to collapse. Like, it's, it's not like, uh, I don't know, high, high enough for it to be utilized. Because you got to understand, there needs to be enough liquidity. It's bridge liquidity between currencies. So you can't— it would not be— it can't work at a lower price. That's the, that's the whole point. It wouldn't— to fix this problem, it could not work unless it's at a higher price, or it can't fix the problem. It can't fix the problem at $2, at $1, or whatever, you know what I'm saying? But, um, it would have to— thank you so much, that's so sweet of you. Um, so it would, it would need something like that to happen. Um, it, it can't be utilized outside of that. So if it was really going to be utilized, it would have to go to a higher price. A much higher price in order to like be able to settle trades. Okay, um, thank you so much. Um, I appreciate the Super Chat. Hey Dr. K, this is Christopher. What's going on? Not sure if you got my email. I got— oh, you got your HBAR back! I love it! Thank you. Now I'm waiting for you to start a real estate course. Good, good. I didn't get— I didn't see the email yet, but I— that brings me joy to know that you got your HBAR back. Um, and I did, you know, I reached out to, um, the powers that be because I was demanding. I was like, wait a minute now, I feel like, you know, like, not that your money is my money, but I cared about it like it was my money. And I was like, this can't happen, like, this don't make no sense. So, but also, you know, whatever I told you in the email, so I'm happy about that. I appreciate you, um, keeping me up to date on that. Um, so for all of you, I need you guys to watch, uh, I need you guys to watch the machine underneath the price. Um, I know, I know a lot of people are following the price. This is a good time to buy. It wouldn't matter if it was a traditional route or if it was an explosive route. There, there are still, um, gains to be made, okay? There are still gains to be made, but you need to watch the machine underneath the price. The yen, the bond yields, the flow, the response. I get to some more of the Super Chat. That's the difference between a person who again gets— is going to get shaken out in the chaos, and the person who understands that, listen here, the chaos, y'all, is the setup. Y'all don't understand, the chaos is the setup for the, for, for the person who is level-headed, okay? When, when, when the tide rushes out and everybody panics, that is historically when the calm, prepared money quietly starts to position for the tide, what, returning again. It's gonna return. It's all nothing new under the sun. It's all seasons, right? Bull run, bear market, back to bull run. It's gonna return. And if you are going to position for something that plays out over a macro cycle like this, okay, if this— again, these are just things to watch. That's all I'm trying to tell you is things to watch. And I hope you understand it better and what it really means instead of just throwing this word out there, right? Um, so also preparing where you hold things, okay? That's going to matter too. When the central banks, um, eventually flood the system and, and scarce assets do go on the run, the last thing you want, um, is to build a ton of gains and hand all of your gains, like a large portion of all of your gains, back in taxes.. So consider, just consider like myself, keeping some of your long-term portion of your digital assets like XRP and even precious metals inside of a Roth account through iTrustCapital. They said they are still adding the stocks and the ETFs as well, and they got some other stuff that they add into the Roth account. I'm not even going to share yet. I'll share with you later, but I guarantee you, you're going to want this. They are trying to put everything in one location so that you don't have to go somewhere else to a different account or whatever to, um, invest in a Roth account where you can add right to that account. And I'm telling you, they moving and shaking, and I was happy to hear it. So I had a phone call yesterday, um, but I'll let you know more. But there are, there are more things coming. I just want you to know that. So if you have not done that already, um, you know, go ahead and open up your account because what you don't want is those growth compounds to happen on the other side and everything is going towards taxes. You do want an account where you don't have to worry about that. And in a cycle where the whole point is to hold through the storm and to be there for the recovery, holding it in a structure built to protect that growth is one of the smartest things that you can do with your money. It seriously is, right? And, um, also, if you, uh, feel like, hey, you don't want to navigate any of this, uh, by yourself, Uh, the macro, the timing, how you own your assets, um, are they positioned for this kind of event? Um, that's the conversation. Are they structured right? Are they protected right? That's the kind of conversation I have with my one-on-one. Um, so, uh, we deal with your real situation and we build a plan around it, uh, because you don't need to be guessing in this type of economy at all. You need to be very intentional about everything. All right, um, let me— I wanted to make sure I didn't— oh, look at you! Love it. Because of you, I'm about to hit 30K. Look, love to see this. Love it. Don't tell nobody, uh, because they'll be trying to get your XRP. I love to see it. I am so happy. That is— look, uh, we happy, we grateful that Christopher, um, he reached out to me. I gave him my email, told him because he had, uh, lost some of his HBAR, and we got to the bottom of that. So I'm happy we figured that out because I don't want any of y'all to look, especially to the scams. Don't look at the scams. Um, in the, the comments. I'll never tell you to call me or anything in my comments. I don't like when people lose their money. I've heard so many horror stories, and whatever I can do, I will help. Like, if somebody's like, they got scammed or lost their money, um, I even had to help a young woman whose somebody had control of her seed phrases, and they was trying to tell her when she was trying to ask to teach me how to move this over They was trying to tell her, no, it's too difficult, it's too— I said, oh no, we gonna stay on this phone. I don't care if I gotta stay on this phone 3 hours with you. We gonna move your stuff out of that cold wallet that she got the seed phrase to. We had to move it back to the exchange, and then from the exchange to another cold wallet that she has. And I said, you never have to give anybody your seed phrase to help you do that either. So it's sometimes I don't even have certain accounts with people and they're trying to like move their stuff over, and I don't even have an account, but I will open up the account and I will purchase whatever they have, even at a small amount, just to walk them step by step while I do it on my phone and you do it on your phone, and we gonna do it together. You don't have to give anybody your seed phrase for that. Don't let nobody lie to you. Don't let nobody call you talking about, we Coinbase, we saw some activity, we need your seed phrase. Don't give nobody your seed phrase. Don't buy any of your cold wallets off a third-party site. Buy it off the actual website. If it's Ledger, it's ledger.com. If it's Trezor, Trezor is on their website. If it's, uh, uh, Tangem, it's on tangem.com, or you can use my link, um, because they do give you a percentage there. But wherever you want to— if it's Ellipal, I always say E-pil-ol or Ellipal. If it's Ellipal, um, it's on their website, right? So make sure you do not go through a third party, okay? I want to make sure you guys are all safe because at the end of the day, that's what we're here for. Um, it depends on Ricky, it depends on XRP, Bitcoin. There are a lot of people who are into Bitcoin and they're looking for entry points into Bitcoin. Um, it just depends on your position, what you previously have. Um, so Dr. Does I Trust keep— uh, yes, they do, they do. Um, you, you buy it and they, um, it's backed by real physical metal that's kept in a vault for for, for you. So yes, yes they do. Um, and that's why I said it's not a lot of accounts that's gonna give you like stocks and precious metals and the stocks and ETFs. And you know, so they're adding stuff into their accounts, which I love. I was like, yes, uh, because I'll be able to add, add some stuff, um, there. Um, yeah, CJ said not a fan of Tandem. Ella Paul be messing you up every time. I know. That is so true, Jay. I know, because I always like E-L-L-I-P-A-L or E-P-P-I, uh, L-A, whatever. I don't know, I— it always messed me up even though I got two of them. That's crazy. Say, say what? All right, so, um, I just, I just wanted you guys to understand where we are. Um, and yeah, it's kind of hot today. It's kind of hot today, so I got a short sleeve shirt on today, um, and I'll be doing some more resistance training. I gotta get, you know, um, they are different, um, so you're, you're talking about a cold wallet and you're talking about institutional custody, um, uh, uh, soft— a software that connects you to institutional custody, right? So I have mine in both. I have a cold wallet, all right, because Tangem is a cold wallet, and I do have Tangem. And that is where you own it. But you know, a lot of people are scared. Um, I just talked to somebody yesterday, she said she's scared to get a cold wallet because she said some, uh, one of her friends— I can't remember who she said— one of her friends or something, uh, lost a lot of money on the cold wallet, made a mistake. So sometimes it's about you making a mistake, sometimes there's hacks involved. So to keep some of it in institutional, uh, custody, you know, uh, somebody gave a story today and said that there was a guy who, um, he somehow was able from the public wallet to capture all of the crypto, uh, that the Bitcoin wallets that look like they've been like, um, ghosted for years. Like, because a lot of people lost Bitcoin because they put it on a, on a cold wallet and they don't remember where it is. They don't, you know, so a lot— and they bought it a long time ago and they don't even know that they have it. But anyway, somehow he was smart enough to figure out where all of these wallets were, and he had it, um, he— I don't know if he consolidated it or something on a device. And so then he walked into like the New York courthouse and said, this is my wallet, um, because they have some kind of rule that if you find something that's somebody else's possession or something like that, that you have to work hard to try to see if you can gather those who, uh, may have lost their belongings or whatever. And so he put something out and said you have like 30 or 90 days, I can't remember, to restore yourself, yourself. But if they don't respond, then he can technically take those cold wallets for himself, and then he can go before a judge and he can declare that the judge lets him, you know, solidify like this is now your property or whatever. Um, I don't know how true it was, but yeah, I but I don't know if he can actually use it because he still don't have a private key. So I'm not sure how it'll work for him in the future. But the, the reality is, is that some people just don't like cold wallets and they, and they're scared. And think about like, if something happens to you, like, do your family know how to get into your cold wallet? Do they have the seed phrases? Is all of that set up? Some people are just easier, they just feel easier about like, you know, I know that they can be the beneficiaries on an institutional account or whatever. So I, I like having both because what if something happened and your family don't know what to do with a cold wallet, you know what I'm saying? And I'm not just— I think everybody should have a cold wallet. I do, I have plenty, but I would never have everything on a cold wallet. That's just me. I like to have stuff in institutional custody where my family could get to it right away before they figure out everything else going on with the cold wallet stuff. And yeah, you gotta like leave something for your family, you got to talk to them about it, how do they get access to it, all of that. And then quite frankly, some people afraid to give their family any seed phrases or tell them where anything is at this point, you know. Shoot, family would be trying to rob for you, from you anyway. Um, uh, I know you have suggested Caleb and Brown, but what do you think? Someone can just be good with everything in iTrust? Yeah, yeah, Caleb and Brown is an OTC desk, so if you're not like buying and selling or whatever, um, you can keep your stuff all in, um, iTrust. You don't have to necessarily Uh, and I, I love iTrust. I love them for different reasons. Like, uh, for me, Caleb Brown takes over any exchanges. Like, I get the volatility and the buying and selling good entries and stuff like that there. I already have sell, uh, and buy orders. But, um, as far as I'm concerned, iTrust Capital is my wealth preservation accounts there. You got the closed-loop premium custody account where nobody can steal your stuff. You got the, um, the, uh, the, the Roth IRA, like, where you have a tax-free account. Like, you can't beat that. Like, So yeah, like you don't necessarily have to, but for those, you know, maybe who have buy orders and even want to talk to a broker, you know, with Caleb Brown, the difference with them is— and I just try to be transparent about it so that— because, because I have them, I have money in both, I have my assets in both, uh, you have a broker that can give you financial advice. And if anything were ever volatile and you just call them and say, hey, I need— I see the market is dropping and give me XRP at 50 cents, you know, or whatever. And I don't know if XRP will go to 50 cents, I would love for it to. But you can get on the phone with your broker real quick, and even if you don't have stuff set, they would— they have deep liquidity. They use their own money to have institutional liquidity, um, and so they are an institutional OTC desk that also manages for like everyday people, right? So they have two different purposes. They're not in competition with each other at all, you know. So you can have both accounts, or if you don't want to do the, the Caleb Brown account, absolutely, you can just do iTrust as well. Um, so, uh, but they do two different things. I like both of them, and I just like that diversity, y'all. I just do. I do. Um, uh, will eventually take your cold wallet? They can never take your cold wallet. That's your own sovereignty. But they keep your— they keep your, um, crypto in a cold wallet, in a custody, uh, institutional-grade custodial account. So it's— and it's yours. So it's not like the exchanges or anything like that. So they, they wouldn't need to take your cold wallet. You can keep your own cold wallet. If you want to move your stuff into theirs, they will custody in, in a wallet for you as well, an institutional-grade, um, custodial account. So, but no, they would never take your cold wallet because your cold wallet is yours. It's yours. All right, all right. Um, you have to wait at least, yes, 5 years for, uh, the Roth. Absolutely. Or 59 and a half. Uh, it protects your future because a lot of people They're not gonna do right with their money, I promise you. I promise you they're not gonna do right with their money. You got to make decisions for tomorrow, not today. Make decisions that yourself in your 60s and like later on in the— or in 5 years, make decisions for that person. Don't make decisions for self-centered person here, right? That's day to day. You gotta make decisions for that person. You gotta look out what would the future Kamilah Stevenson want me to do right now. You gotta do— I know you don't want— I promise you it'll do something to your life, it'll do something to your brain, it'll do something to your decisions. I mean, it'll protect you, I promise you it will. All right, I like sheep, I do like sheep. Um, I— are you sure about this? Because I was just told iTrust does— they do work with um, with New York. Are you sure about this? Uh, because I thought— I'm looking, I'm looking now. It— I thought that, but I asked, I asked that question, and, um, I asked were they— did they take New York clients? And, um, they told me they did. Let me see. Uh, they said they do New York, so I'm not sure. I kind of— I'll ask again, but I, I assumed they didn't as well. But yeah, um, as far as collateral, fiduciary services will, will roll out if we get the Clarity Act. You're going to have a lot of institutional flexibility, okay? A lot of things are held back now with what institutions can allow you to do because they don't have the rules of the road. Um, they do. New York, New York people, iTrust Capital take New York. I know, I don't know why, why that keeps getting out there. It's Caleb Brown that don't, but iTrust Capital do, right? Okay, so, um, XLM, um, is my second position. I like XLM. I'm loading up on XLM probably more than XRP at this point. Because I wanted XLM to come down to 11 cents and 8 cents. I got limit orders there. What are you doing, XLM? Come on. But it's still a steal. I still buy it right now. I still buy it right now. Um, and, and it came down today as well, uh, a little bit. Um, let me see where it's at right now, guys, and then I'm gonna— I'm gonna— let me see where it's at. Let me tell you where it's at because I'm always looking. Because I like a good X. It's at 18 cents, so it's— yeah, I mean, I, I think all of it is still a good buy right now, right? Um, I buy SHX as well. I buy HBAR too, right? So I love all of those, um, coins. So I hope you guys are— listen, positioning yourselves as I want you to do. XLM, it can't lose. Yeah, I think XLM is going to do absolutely great. All right, I don't want— I want you guys to continue to be educated. I do have some Chainlink Um, but I prefer— well, I don't want— I have Chainlink. I do. All right, I have Chainlink. Um, but I would— I'm not saying this to say that there's competition between Quant and Chainlink. For some reason there is in people's mind, but there is no competition to Quant. There's nothing like Quant. There's nothing that can do what Quant can do. Its interoperability is a beast. It's an entire beast. Um, and so the more I look into it, um It's, it's amazing. But I'm not comparing the two, but I'm just saying I would prefer Quant over Chainlink any day. Um, awesome. XRP and iTrust Capital is a game changer. It is, it is, it is. I do have a little bit of, uh, IOTA. Um, not a lot, but I do, right? And so yes, don't forget Quant. Oh my God, y'all gotta understand what Quant does. It's a beast. It's awesome, right? So there's a lot of different, um, just, you know, again, right now we're positioning ourselves. Um, if you, if you got the, you know, and then, you know, have some cash in case there is, um, some kind of market correction or something like that, right? But the one thing I don't want you to do is I do not want you to let fear in the market fool you. Um, you know, most people are— the institutions are buying your fear, okay? So continue XDC. I love XDC as well. Um, Ando is tokenizing real-world assets. When you said Quant was cheaper than XRP, I had no idea, but now I do. Yeah, yep, you got to look at the market cap and, and, um, that's how you come up with those numbers. And so, and thanks to Jesse, because he's the one who talks, uh, he helped me to understand Quant, to be honest. I looked through all his videos. He is— his research, I don't even have time to do the research that he does. He's amazing. Okay. Apex. So if you want to know about Quant, he is your guy. Um, Apex, is it crypto? Uh, Jesse. And so, all right, continue to watch the yen, watch the flows, and understand, um, that the same forces causing the pain now are the ones that can set you up for what comes next. And I want y'all to be positioned. I do not want you guys to panic because of a storm. I know it feels like being in fire, y'all. All right, I do understand that. Yes, Jesse is fine. Um, I, I don't have FET, I'm sorry. I like SHX, for those asking me about SHX. I absolutely love it, um, on the Stellar network. I love it. All right, um, and then one more, let me see. Uh, open my Caleb Brown and also have crypto on a cold wallet using Coinbase for purchases. What if you're over the income limit for a Roth? Do you have any suggestions? Uh, yeah, you can, um, translate— you can call them and translate your 401k um, you can pay taxes on some of your 401k and, uh, take a little bit. You don't have to take a lot out if you have a 401k. You can take a little bit out, you can pay taxes now, and then you can position it in, uh, digital assets if you want like that. Um, that's one of the suggestions, um, that you can do. So if you do have, um, any type of like— or I think you can also move pension money, um, as well, even if it's a small amount. I mean, it's not like You don't— you have a cap how much you can put into a Roth anyway, but, um, it's basically a backdoor Roth, okay? Um, so you can do a back— what you call a backdoor Roth, all right? Um, yeah, I know, should do a collab with you. He's so amazing, and I, and I've got a chance to talk to him a lot at the XRP Las Vegas. It was the highlight of my, um, time there. Um, so, uh, he's amazing, right? Uh, somebody— y'all, some of y'all questions are so funny. All right, I'll be back on Saturday, guys. Uh, like the video please if you are here, if you are still here. Watching this video and you have not liked it, just look up and just hit that like button for me. I really do appreciate it. Um, again, I know that it feels like a storm. I know it feels like you're in the fire, but listen, uh, the fire is the only thing that has ever turned raw ore into gold. And as always, I want you to stay wise, stay wealthy, and I'll see you guys in the next video. Peace out.