The Coming, Massive Crypto Bull Run | My Plan

hey everyone meet kevin here so there

has been a ton of negativity regarding

cryptocurrencies in just the last

two weeks and quite frankly maybe it's

just the turn of cryptocurrencies to get

a little bit of a bashing because tech

and consumer discretionaries

have been getting smacked around for

three months as of

today that's right if you go back three

months we get to the peak

of the tech and consumer discretionary

market which has been

utterly decimated and this includes spax

and yes tesla and folks maybe it's time

for krypto to take some of the pain

but now i don't wish pain upon anybody

and in fact

this video is actually supposed to be a

positive video

and it will be because here's the thing

i believe

the madness that we're going through

right now that has been felt in tech and

consumer discretion it's still being

felt there

that's now being felt by crypto that i

expect will also be

felt by recovery stocks reflation stocks

and

some of the indices s p 500 the dow

last week i mentioned hey i still think

there is a chance that the s p

could rotate to the downside but i don't

see tech and consumer discretionaries

that have sold off

having as much of a downside ahead of

them as much as the indices might if we

start getting corrections

which kind of we're seeing everywhere

it's kind of like everything okay pain

over here pain over here then pain over

here

it kind of feels like that i sort of

expect that pain to continue for the

next few months

but in my opinion this kind of

rotational

punching of all the different sectors

which is kind of now

on crypto crypto's getting the punch and

bag i believe

is healthy for what i strongly feel

is going to be an incredible bull run

for all of our favorite companies

and cryptos that we're investing in and

this is why

one of the major reasons i should say

that i'm paying so much attention to the

crypto space right now

is because i'm getting ready to go

shopping now

i do not want crypto prices to fall

because people feel too much

pain people get margin called and

there's a lot of pain that goes with it

and my heart goes out to anybody feeling

bad about red in their portfolios trust

me

i get it okay any good investor who's

telling the truth

knows what red feels like in their

portfolio uh and anybody who just

started investing in the last four

months

also knows what red feels like okay we

don't have there's no shortage of

the feeling of pain in this market but i

want you to know and this is the focus

here

my strategy going forward here i do

believe

keep it simple i do believe that there

may be

some institutional spreading

of crypto asset allocation

between different currencies probably

initially

bitcoin and ethereum we already expect

that arc invest is going to start

spreading

their crypto asset allocations into

bitcoin and ethereum they haven't even

officially announced this but there's

been a lot of talk and rumoring around

this happening sort of a combined

uh exchange for both of these or etf for

both of these we're sort of including

them

in one of kathy woods funds so that way

you would automatically invest in both

of them

we also expect that there is going to be

a fight

sort of a struggle between other

competing potentially high efficiency

currencies

or low energy use currencies and i

really want to keep an eye on

some of the names that are potentially

going to be contenders in that race

now i'm still a little too unfamiliar

with

chia or shiba inu or some of the other

newer coins that have come on the market

that have

really strong premises specifically chia

fascinating premises i mean

chia is pretty much the reason you see

seagate and western digital going to the

moon right now as people are trying to

democratize cloud storage it's

incredible

i know very very very little about it

but what i will say is

my eyes right now are glued to cardano

and ethereum

and that's because i've got about 250

000 in bitcoin i don't have any other

cryptocurrencies

and what i'd really like to do is find a

support level at ethereum and cardano

and buy into these once we get to

potentially lower prices i'm so tempted

to start nibbling in now i'm so tempted

but i'm still holding back a little bit

to see what how how long this punching

bags last

mostly because of the pain that we saw

in tech and consumer discretionary

we like to think okay no problem this is

just another short term kind of move to

the downside it's because of elon and

crypto

maybe it'll last for two or three months

kind of like what we've seen with tech

and consumer discretion

no guarantees and i don't want to you

know like be called a fodder

or whatever because my view is buy the

freaking dip

like get in on those but i'm not going

to be as aggressive to jump in

and maybe that's because recently i feel

like maybe i was a little too

enthusiastic to jump in too early into

the dip and i should have just waited a

little bit longer on

some of the tech and consumer

discretionary now don't get me wrong in

10 years do i think it's really going to

matter if i bought tesla for 680 or 580

not really i don't think it'll matter

especially since my cost basis is

ridiculously low

under 100 in tesla like we're fine it's

not a problem

but looking at for example ethereum

ethereum right now is one where i see

the ethereum price

at 32.83 and i

okay and this is not me yeah all trying

to say this is what's going to happen

i'm not trying to make production

predictions here

let me just put it this way if i get

another bite at the apple of ethereum

sub 2000

i'm probably going to load the boat and

take out some margin now that could be

very very irresponsible

and i will not take out margin against

my cryptocurrency that is something i

will never do

but i i might take out some margin

against some of my

other uh security holdings specifically

stocks especially ones that have already

sold off so much because i really

even though tesla remember my rubber

band analogy even though you get tesla

oh sure it sells off 35 40 percent like

that's the easy part it's a rubber band

it starts getting a little hard to pull

down after that point

my expectation for example i don't

expect tesla to drop another 50 percent

who knows

crazier things have happened but if i

see

uh you know we start bouncing around

maybe those

2 300 levels right around here where

we're seeing 23.50

uh maybe we even break those levels if

we start going 21 to 22 somewhere around

here

ethereum's probably going to be my top

one of two

and the second one that i've really been

cheering on

and with my cheering on and i'm not

trying to take credit for it has only

been going up

i've been cheering this one on since

about a buck 30. it's cardano

been cheering it on since about uh right

around here yeah about buck 34 something

like that

it's really only gone straight up

recently which is really a sign that i

should have probably just bought

and this is why folks say buy is better

it is better to

buy and then wait than to wait and then

buy

this is what i believe in real estate

this is generally what i believe in my

favorite uh

tech holdings as well but here's another

one where

i don't know what kind of level we might

revisit

but if we do have an extended crypto

sell-off it's entirely possible we're

going to go back to that 175

potentially fall through that and go

back to these longer-term support levels

around 120 and 130. no guarantees

but these are the two big ones that i'm

paying attention to on a potential buy

the dip

opportunity so hold me accountable if we

hit those levels kevin

show us you bought that's what i'm

looking for now if we don't hit those

levels

that's okay i i'm not it was super

anxious to go into margin

and this is something that i really want

to clarify because it comes up a lot

i'm very very bullish on crypto long

term i'm bullish on my stock picks long

term

i i strongly believe we've got five

months

of crap ahead of us max that would take

us through about october

that's still a lot of crap we just went

through three months

that means we're potentially not even

halfway through there's a lot that's

going to happen over the next five

months

a lot including potentially even

campaign rallies which you could support

by going to meetkevin.com for my

candidacy

but beyond that we are going to get an

insane amount of data on inflation are

we going to see these insanely high

levels forever

are we going to see them trend down are

we going to see some of this

bitcoin fud with elon musk evaporate

and more agencies or institutions

adopting cryptocurrency personally i

believe that the state of california

should use cryptocurrency for all forms

of payment in the state

now as long as those payments are low

gas transaction fees uh there there

definitely can be uh

a lot of fees involved sometimes i've

been i've been playing around with

metamask okay and some of the things get

really expensive so

there's there's still work to be done

but bitcoin

and the crypto assets in general are

still so early in their adoption curve

i don't want to get uh fomo and jump

into things that are skyrocketing

i'm not going to jump into margin at

these levels but if i get back or

or i see us going back to the some of

these support levels and we start

slowing down the velocity of our decline

starts slowing down as we hit some of

those support levels

let me juicy now now i know this there

are a lot of folks that are like there's

no way there's no way we're going back

to these uh those levels or whatever

one of my favorite stocks that i like

looking at uh just for an example

and quite frankly i haven't looked at in

a while so who knows maybe this will

play against me but

it's a unity stock uh which is just

ticker symbol you

and unity was some was one that

come on weeble so oh my gosh

while i try to get weeble to cooperate

here

let me remind you that if you two want

to have trouble

pulling the weeble chart to uh to

actually show up

then uh let's see here there we go if

you two have

trouble pulling this bar over or you

would like to have that shirt there we

go

if you would like to have that trouble

make sure to go to metkevin.com

weeble they will give you two free

stocks as compensation for for that

little bar

being sticky but anyway uh see this to

me

is uh it's very common this is happening

a lot and

cryptocurrencies are or assets or

however whatever you want to call them

they're not immune to this

they are not immune to this and what i

mean is up

up up up up this is very similar to an

ethereum style run right here

temporary fluctuations you bounce upon

you know or off of resistance here

and then it's just this slow

bleed out so i'm gonna be watchful for

this i'm gonna be very patient

because i think i was a little too

impatient and i admit that fault

uh on on some of the texts and consumer

discretionaries now i'm not

worried i don't care that some of them

are down and some of them are up

because to me those are part of my long

portfolio they're not day trades they're

not swing trades i'm just looking at

quantity

let me buy more stock psychology and

money group you pros you know this

you don't even get bothered by uh

fluctuations in prices we see

up in stocks and psychology we get

nervous when we see up we get nervous

like oh okay

wait wait wait a minute hold on a second

here all right

we see down we see buying opportunities

and i strongly believe over the next 10

years

you're going to want to adopt that

psychology as well you see up

you see these sorts of trends you know

they don't have to stay forever so keep

that in mind when it comes to momentum

and i want to be very clear i am

extremely bullish on cryptocurrencies

long run

i'm waiting for my buy opportunity and

if we get to the levels that we talked

about here in cardano and ethereum

i'm ready to uh i'm ready to plow in

ready to plow

so uh anyway let me know what you think

what currencies are you watching

what levels are you looking for and what

do you think

am i crazy for even suggesting these am

i just uh you know

flooding to make those numbers happen

because i'm trying to get a discount

or is what i'm suggesting somewhat

reasonable let me know what you think in

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see in the next video thanks so much

you