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TRANSCRIPTEnglish

why i quit and disabled comments

4m 46s874 words140 segmentsEnglish

FULL TRANSCRIPT

0:00

hey everyone me kevin here for the

0:02

temporary future unfortunately i am

0:04

disabling comments on my channel now

0:06

this might be very disappointing to many

0:08

of you and i understand that because i

0:10

feel like we've built a community but

0:11

unfortunately i've reached a very very

0:14

ugly corner i have three choices in my

0:17

opinion i could either do number one

0:20

what most people on the internet do stop

0:22

being transparent have a public and a

0:25

private portfolio diamond hand with

0:27

everybody the public one and do whatever

0:30

i want in private

0:31

that's option one but that would be

0:33

disingenuous and dishonest

0:35

in my opinion

0:37

option number two i could stop posting

0:39

because

0:40

why post if everybody's mad at you

0:43

option number three is i get disabled

0:45

comments

0:46

and because i'm a big fan of not leaving

0:49

and continuing to provide the truth even

0:52

though it's not what people want to hear

0:54

it's what i believe and i believe that

0:56

the market is going to fall

0:57

substantially over the next year

1:00

and i'm going to be posting a uh well i

1:03

really didn't plan on doing this but i

1:04

made a uh

1:06

video explaining market cycles brief

1:08

video oh it's 35 minutes but a video for

1:11

uh course members and i'm going to be

1:13

making that public

1:14

just so you could see a little bit more

1:15

of where my head was about five days ago

1:18

and then i'd be planned i plan to be

1:19

releasing more updates because things

1:21

are continuing to change and

1:22

unfortunately they're not changing for

1:24

the better so i'm going gonna be

1:25

continuing to provide content but again

1:27

i have three choices number one stop

1:28

being transparent number two stop

1:30

posting at all or number three disable

1:31

the comments now you might think why not

1:34

just keep posting and leave the comments

1:35

on that doesn't make sense kevin that's

1:37

because i literally check the comments

1:39

every five minutes because i love

1:40

hearing your perspective and i can't go

1:43

through the bots

1:46

and all the trolls and actually feel

1:49

happy about posting content or

1:51

researching content because the content

1:53

that matters most in our society right

1:55

now is unfortunately hated

1:58

so

2:00

if you want that insight and that

2:01

information

2:03

you're welcome to stick around of course

2:05

and we'll bring the comments section

2:07

back as soon as possible

2:09

yeah

2:10

otherwise uh oh well

2:12

it was nice uh having you while i had

2:14

you uh some of you all might also be

2:16

wondering uh why uh i'm not on

2:19

millennial money i've decided that the

2:22

best thing for the channel is the

2:24

in-person podcast format now some of you

2:27

might think that this is convenient

2:28

timing with what else is happening

2:30

but based on my conversations with

2:33

millennial money in the group and it was

2:35

my idea

2:36

i think it's best to have an in-person

2:39

format for millennial money and

2:40

hopefully i can join it maybe once or

2:43

twice every couple months or so we'll

2:45

see

2:46

it just means i have to travel to vegas

2:48

so

2:49

that's all i got but i will be posting

2:51

that uh 35 minute video i don't know

2:54

maybe an hour or so i give it a little

2:56

space between these two

2:57

and uh i'll still be here for market

2:59

open and close if that's what you all

3:01

want i'm not leaving uh this is

3:03

obviously a

3:04

very difficult decision but uh you know

3:07

i'd love to be making a video right now

3:09

going hey everyone i'm all in oh i

3:11

messed up missed out on the 10 rally oh

3:13

no i screwed up

3:15

uh but uh first of all i'd still be down

3:18

more right now had i not sold uh but

3:20

that's not a laughing matter because it

3:22

sucks because the market is in my

3:24

opinion going to go down substantially

3:26

more uh full transparency the only short

3:28

i have is about a 50 000 lucid position

3:31

i know people are saying oh kevin's got

3:33

margin called never been margin called

3:34

my life people are like oh kevin's just

3:35

short the market that's not true

3:39

i i don't know what to do other than

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provide the best transparency that i can

3:42

so i'm just gonna keep doing my best and

3:45

uh i know this difficult time will pass

3:47

eventually

3:48

uh not just for the market but also for

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the channel so i look forward to

3:53

going back to the moon and for those

3:55

folks who are confused about

3:57

why this seems so different from the

4:00

psychology of money that we talk about

4:02

uh it's uh

4:04

it's not that different

4:06

in fact it's directly related because

4:08

when you are in a cyclical bull market

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you buy the dip

4:12

when you are entering

4:14

a bear market

4:16

you stop

4:17

stay tuned for the 35 minute video that

4:20

will provide a lot more color

4:21

on the business cycle which is something

4:23

nobody talks about

4:25

really here real estate cycle business

4:26

cycle it's i think a transparent useful

4:28

video and uh you'll like it maybe or not

4:32

i'm just gonna do my best

4:34

anyway right now only uh course members

4:35

have access to it but i'm gonna make it

4:37

public it's got uh

4:40

yeah whatever all right thanks for

4:43

watching bye

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