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BIG *New* Crypto Changes | Trump Appointment

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hey the new course is live over at

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meetkevin.com for how to make money

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under Trump entities taxes Investments

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crypto all included just $299 good to

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meet kevin.com to check it out well

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Donald Trump is back to picking people

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from Wall Street to help out with his

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positions and boy oh boy the head of the

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SEC might be somebody who has a history

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with the Security and Exchange

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Commission listen to this one and I'll

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tell you what it's going to mean for

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crypto let's get into it first Donald

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Trump is considering creating a crypto

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Zar position but that's different from

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the head of the SEC the head of the SEC

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currently is Gary gendler whom we know

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enough about let's just put it this way

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he's quitting right before Trump comes

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into office Donald Trump has also

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promised to fire him on day one so for

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what that's worth Gary gensler's out but

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this new guy who's currently expected to

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be the new head of the SEC is Paul Paul

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Atkins and Paul Atkins has a pretty

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prolific history for basically solving

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problems and making them compliant let's

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put it this way in 1996 there was a

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multi-billion dollar Ponzi scheme that

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he actually got involved with through

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its bankruptcy in getting them out of

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the fraud that they were perpetrating

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and getting them compliant with SEC

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regulations and getting people at least

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some of their money back over 20,000

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investors were invested in that Ponzi

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scheme and he helped put it all back

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together through bankruptcy restructure

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it and make it so people actually got

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some of their money back that is the

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kind of experience that is now going to

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the top of the SCC somebody who's

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actually taken a big old not compliant

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fraud all the way to compliant and

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making people money again now in my

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opinion that is actually exceptional

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bullish not because I'm suggesting that

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cryptocurrency in itself is a fraud but

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rather that there have been plenty of

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frauds associated with cryptocurrency

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and you need somebody who's able to move

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from not regulated too regulated but do

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it in a reasonable way and Paul Atkins

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might be that guy he was the Republican

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SEC commissioner between 2002 and 2008

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under George W a bush and he's a big fan

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of not only digital assets but also

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fintech so he's an Innovative kind of

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guy and he thinks of the SEC as really

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needing to adopt to be less rigid so

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that way they can actually prevent

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frauds but not be so rigid that they're

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keeping good people out see there are

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plenty of good and honest and

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trustworthy people and companies in

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cryptocurrency the problem is when you

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regulate it so hard and say nobody's

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allowed in you don't even let the good

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people play the game so you're stuck

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with the frauds creating a bad rep

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reputation for everyone and I actually

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think it's kind of neat that Paul Atkins

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somebody who's gone through almost all

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of these various different levels of

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compliance has an eye for digital assets

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and an interest and excitement over

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fintech is possibly one of the best

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picks for the SEC chair right now he's

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leading with over a 58% chance of

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winning on Cal's betting Market but

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another thing to think about is it's not

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just that he might be head of the SEC

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but it's also that Donald Trump may just

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move regulation of crypto over to the

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cftc but the SEC will still be involved

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and I'll tell you why in a moment if you

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move crypto regulation from the SEC to

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the Commodities and future trading

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commission you actually have a less

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rigid body of rules because usually

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Commodities and Futures are deemed to be

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a more sophisticated investment and they

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have less burdens anyway over at the SEC

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than at the SEC so how could you

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potentially still have the SEC involved

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because so far all of this sounds good

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for crypto right Paul Atkins bullish for

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crypto you've got potentially moving

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over to the commodity and Futures

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Trading commission bullish for crypto

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but my favorite is actually the

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potential of getting the salana ETF

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solicited as soon as 2025 potentially

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2026 and what will eventually happen

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is we'll end up getting so many

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different cryptocurrencies and even

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potentially Layer Two tokens from

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ethereum having their own ETFs their own

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spot ETFs which are regulated by the SEC

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that in the future I actually think

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you'll be able to have various different

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baskets or buckets if you will of

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cryptocurrency related assets and then

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you put them all together into an ETF

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wrapper where you can milk some sexy tax

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benefits from

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now if you don't yet know about those

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tax benefits I'm going to explain them I

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do want to give a quick plug to the

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special sale for Black Friday going on

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now but think about this for a moment

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let's say you put together an ETF in the

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future and uh let's say it's 35% Bitcoin

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and then you put in say 20% ethereum

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maybe you put in 15% salana uh and then

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maybe you even get some cardono in there

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right this is one of my favorites put

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some Ada in there uh now all of a sudden

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you're at a place where okay all right

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this is great now now we've got a bucket

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that we can work with maybe we even put

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15% mstr in here now what you have is a

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is this is technically a non-

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diversified ETF technical term now

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what's remarkable about this is let's

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say that a the token on the cardano

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platform let's say that ADA ends up

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going from a dollar to $5 and all of a

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sudden the weight is totally out of

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whack okay let's say most of these stay

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stable but then all of a sudden these

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move and all of a sudden Ada is like 50%

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of your portfolio and all of these

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others total up to 50% you know whatever

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it ends up being so maybe it's you know

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uh 20 10 10 10 because of fluctuations

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in the market or whatever well

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ordinarily if you were to sell some a AA

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and try to rebalance it to all these

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other items you'd pay a lot of money in

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taxes because you'd be taking big gains

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but if you do it within an ETF structure

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you wouldn't have to pay those gains

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because you can exchange the Ada for the

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other tokens or or coins like Bitcoin

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which is frankly amazing and remarkable

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so I think there's some serious

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opportunity here and you're going to see

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this under better SEC regulation or

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maybe just different SEC regulation

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because right now it's so rigid and so

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hard to get approvals for these ETFs

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that even salana is having trouble right

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now they've got a deadline coming up on

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the 4th we expect that deadline to get

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basically lead to a denial of the uh you

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know salana ETFs but that's because

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you're still under gendler you know once

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you get into the Trump Administration

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you get this new appointment like

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somebody like Paul Atkins this guy's

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like really smart by the way these are

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like really really impressive Finance

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people again he worked at uh the SEC but

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also beyond that uh this guy's got a JD

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from Vanderbilt he's written tons of

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op-eds he's really involved with public

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policy really involved with uh uh you

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know again digital assets fex you name

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it these are just brilliant people and

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so you're getting really smart people

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coming in and frankly I think it's kind

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of bullish for the crypto markets I

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don't I don't see how it's Bears now

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short-term technicals sure are we going

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to eject off of $100,000 yeah I mean I

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actually wrote in the alpha report the

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other day which I do for free you know

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you already know about that uh I I

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thought that once we lost uh you know

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got rejected pre 100 over here I thought

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we were probably going to stay under

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$997,000 for really the rest of the

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month if not the rest of the year which

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there only like 33 days left in the year

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so it's not that big of a deal but I do

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think there's a chance we're going to

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sit in front of this wall for quite a

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while and when we break that 100 level

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we're going to break uh now I don't know

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when we will and it depends because the

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next stop is

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155 but a lot of that may end up being

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predicated on if there are Market shocks

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that happen between now and then I

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personally think most risk assets are

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probably going to give you a really good

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buy the dip opportunity between now and

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probably the next you like 6 months from

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now mostly because I think jobs reports

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are going to come in terribly and

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they're kind of going to lead to a

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sell-off in everything and unfortunately

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that don't include crypto but that could

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be the next big buying opportunity so I

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wouldn't necessarily say go all in right

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now uh obviously can't give you

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personalized advice and I do think there

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are going to be opportunities but from a

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regulatory point of view I couldn't be

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more excited about what could

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potentially be coming with these ETFs

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the tax benefits that are coming the

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opportunities for finance uh under

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someone like a Paul Atkins so kind of

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excited you know I said years ago that

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uh the year crypto is coming up uh it

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didn't come up as soon as I had hoped

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cuz we'd been stuck under gendler but uh

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who knows maybe maybe things will uh

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will turn around here we'll see what

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happens anyway thank you so much for

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watching this go check out the

10:12

trumponomics of course over at

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meetkevin.com and we'll see you in the

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next one thanks so much goodbye and good

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luck why not advertise these things that

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you told us here I feel like nobody else

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knows about this we'll we'll try a

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little advertising and see how it goes

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congratulations man you have done so

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much people love you people look up to

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you Kevin P there financial analist and

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YouTube but meet Kevin always great to

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get your take

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