Bitcoin Survivors by Benjamin Pearson

gotta work out names. Oh yeah. Well, that's what stuff. Yeah, so I'm just telling you how about you, though? Oh, man, I had a blast, man. Today, yeah, I got up early, like, and you know, you're some breakfast, you know, make some stuff for my kids. I did a lot of, there's some errands here and there at home to get things set up and, you know, just organizing shit, man. I love getting my shit organized. I also hit the gym earlier, hit the spa, I mean, hit the sauna right after. And then, really, I just got done from that. So I got home. And right now I'm just chilling on my porch under the trees, under the beautiful blue sky enjoying a lot of that nature. Before I head on back in to make some dinner and just chill out, man, getting ready for the next day, man. So I'll start with space. 100%. You know, some rest of the relaxes and porch. Yeah, unwinding, everything, you know, just, no, getting ready for tomorrow, the market gets hopefully shit's gonna be good. And, you know, making that money, man. It's all about that money. Yeah, you ain't lying. Okay. Everything, man, everything is about not money. You ain't got no money, you ain't got no honey, you ain't got shit. It's true, man. You know what I'm saying? You gotta have, you gotta have a couple of dollars at least. You have to have a couple of dollars, man. You wanna go out, you wanna do this, you wanna do that, you wanna eat, well. Yeah, that's what you gotta do. I mean, there's no if, and then butts about it. You just need to get your shirt to go. I mean, I wish I had the same mentality when I was younger. I mean, when I was younger in my 20s, I didn't have the same mentality. You know, when you're in 20s, you're just like, oh, it's so weird about playing and having fun and whatever, right? You don't necessarily think about investing for your future and all that stuff. Yeah, you just wanna spend it, man. You know, you just wanna spend it. You wanna have like a nice everything and just chill out, have fun. Act like you're already rich, you know, kick it. Yeah, exactly. Act like you gotta or something when you're not even close. Mm-hmm. So like, yeah, yeah, man. So. Yeah, man, I've been chitlin' though, man. Like, I was doing really good with some of the crypto trades I made. Yeah, I was, which ones? I was lighter, uni swap, basic attention token, hyperlip. Even with Bitcoin recently going down. Well, this was over like the last couple of months. Oh, I see. And then I went long on Tesla when it came out with that AI slot video. Yeah, yeah. And then I've taken a loss on that. So it kind of threw me off mentally. Wait, wait, wait, why did you go long from what news? Remember when it came out with the flying car? Yeah, yeah. So the next day, like that next morning, I went long. Oh, I see. And it's about 5%. So it just threw me my winning streak and it just kind of, Well, well, well, that's because everything went down, right? The now it's like, oh, fucking shitting, no, shitting the crap, right? Yeah, it's like it's just in the crap right now. The whole two weeks, it's been very, very bad. So it's just not Tesla. It's like literally so many other companies. And me too, it's like, it's a little bit painful. I'm hopefully shit turns around because, yeah. When you see if I can, you know, total portfolio of fucking decimated. Yeah. Is that what the fuck, man? What the hell does it push? I don't want my money in the market. Yeah. You know, it's like, it's gone. Like, you know, I'm down a lot, dude. Fuck. No, I'm looking at my shit, you know what I mean? Yeah, I got my stock portfolio. That's been taking a big hit. And then on top of that, it's a bad trade. So it's just kind of added up mentally. Yo, I feel you, man, I feel you. But you know, things will turn around. Just have to, you know, hang in there. It'll turn around. I feel like it's a thing that scares people a little bit too. Like, they do shit. They manipulate it a little bit to shake people out. They make them scared, you know. So you have to, you have to just be willing to just, no, relax a little bit. Don't worry about it too much. I have so nothing. I got some cash on the sides. So I'm kind of just chilling, but it's still never fun. It's not mad, shit, man. I got lucky with some puts on Friday expiring. So I was feeling good with that. And then I got more cash and I, you know, I expected. Yo, my, my eye bit puts up in fucking printing. You didn't get it with that one, Johnny Sam. Yeah, I'd been printing with eye bit puts because, you know, that shit that was moving at all. And thus this Friday, before the market closed, I decided to close my eye bit put position. And what do you know after I closed it, the shit dumps? Or like, it was dumb and closed too close. And I would have got a sign. And here's the thing. I don't necessarily, I'm scared to get a sign because, you know, I believe in, no, no, no, eye bit and bit, quite a moment. But the fact that I closed it still was actually a good thing. Because now we're fucking at ADK about to dump you low it, right? And I can set you even lower starting tomorrow, right? Yeah, okay. So you're selling a foot. Right. So what I'm going to do is I'm going to sell it. Like on Friday, I sold it to at $46. And I was going to get a sign. But now, on Monday, tomorrow, I have a chance to sell $45. That saves me $1 per share. What's the strike on that? Like what? 78, 77? No, 45. 45. And what's that now? It's going to be, no, no, no. So right now, if the market open, it'll be literally I'm freaking $45. Very low. And so I sell it right in the money. And I get the fat premium right away. Yeah. You sell it at $45. Yeah. And then you get $45. You think we're going to, because we're already up at $81. $82. No, no, no, no, no. We're talking about IBIT, okay? IBIT. Yeah. Yeah. If you're talking about Bitcoin price fine, we'll say that I'll sell it at $80,000. Yeah, I was looking at the IBIT price. I just got, I got to make a million. Yeah, I do this so much. I do this so much. I actually memorized the IBIT price and how it maps to the Bitcoin price. I got you. Yeah. So I mean, it's trading at $45.91. It closed at $46. And we were probably up around like $80. Oh shit, that's right. Fucking futures are there. I didn't see it. Hang on, let me check it. Let me check my shit, man. I forgot futures are already live, man. I can check it on, I can check it right now. I can check it right now. It's not on. I can check it right now. Fuck. So we're at $45.96, okay, fine. I can sell out $45. Right in the money. Or I can sell out $46 and get even more money. Here's the thing. Other things are looking, yeah, other things are still fucking crappy. Let me look at the indexes here. The indexes are a plus. So far indexes are looking good, S&P is good. So the queue is a little bit good. So you know, a little bit. I'm hoping we get a bounce tomorrow, man. I'm hoping we get a bounce. It's a little bit of a bounce. But very little. Nothing to write home about. I'm really hoping that AI gets a bounce. And just tech in general, because I can use that relief on my portfolio. I'm watching the Cosby 200 attracts the Korean market. It just opened up at 8 o'clock. And it's, yeah, let me see. It's up just a hair. It's up 1.3% actually. So all the AI bullshit data center shit is still getting racked, man. Fuck. British, I tried to bring you up. I don't know what happened. Oh, you're up here. What's up, British? I'm here, baby. I'm right here. What's up, British? What's up, British? Yeah, the AI shit is getting crapped on right now, man. Fuck, all the data center bullshit. Yeah, I'm watching that shit. I don't know how far can we go. I told you this in June, boys. You did. You did. I remember you were fighting with a fucking Bitcoin AI guy. Remember with the iron price and shit. Everyone. I got one quantum play. IonQ. That's one of the leading quantum plays right there. And that's been getting me. I'm definitely going to place a quantum trade at some point. Yeah, I heard you talking about it earlier. You've been pretty spot on recently, man. It makes sense. It's been pretty spot on. People are idiots. It just makes sense. I've been getting your emails too, man. Oh, yeah. That's nice, man. Thank you. Yeah, they're good stuff, man. Now, you've been spot on really, I'm not going to lie. You've been spot on. You've been getting me some grounded ideas. Nothing too crazy. But I think. Thank you, man. No problem, man. But yeah, I think that this, man, you know, some stuff is still really high. But I think there's like, we're getting into bargain territory with some of these energy plays. Oh, no, but no. Yeah. And then Bitcoin, I mean, what is it? It's just bounced off of $79 twice. And now it's that $80, $82. Yeah, we're at the decision time pretty soon. Yeah. I think another week or two, there should be an impulse move rather up or down with Bitcoin, man. We've been at the surprise for. Well, I think we're going to be kind of crabby until, man, we're going to be crabby until people get to the start. But I think the midterms are already priced in, honestly. But I was looking at this data that I think it was in Bitcoin AI as chat. We're on a guy. I think it's named Jimmy. He posted some stats about post midterm, like the eight months following post midterm and going back to like the eighties, going back to like the eighties. It's been green. The indexes have been green. I think I've reposted. So British, British, how further down you think that now it's like, it's going to go. Like as you said, I'm not on there. I'm a sprue of now. Yeah. I think that could be not that could be bottoming. But they hold on. Let's see. Because you're seeing the AI stuff right in our center. So it's still going to continue to go down, which means the most that will go down more is 5%, but that's like worst case. Mm-hmm. Yeah, I mean, I don't know if you'll follow CBRS. It's a chip maker. And it's been having some extreme downside pressure. So it's I don't know if you follow it, but it's down at 111. And I mean, I just made a post. Listen, it's going to sound like I'm shilling, right? But I just made a post for my subscribers about why I got the iron trade, right? And how to what exactly I was looking at the markets. But basically, like you just got to focus on narrative driving liquidity. And liquidity is different to price, OK? So I know a lot of the AI people are turning right now, especially little AI guy. He's turning around and saying that the narrative drives the price. And he's right. Narratives does drive the price. However, narrative on an institutional level drives liquidity. And then liquidity rewrites the narrative, which then starts to drive the price. So that's how it works from my blueprint of seeing things. So right now, we're in a difficult space. I mean, Texas just announced today that they're going to pause further data centers. Yeah, I've been here a day. It's a lot of bears narrative around data centers right now. And that's good though. Good. I think that ETF you were talking about AIPO, it's a lot of energy in there too. So I kind of like that play. I just started. There's a couple things I want to buy. Yeah, there's a couple things I want to buy at the right time. We'll see. Yeah, I don't know if you'll follow the Cosby. I kind of just discovered it, but it's a. It tracks the two highest liquidity stocks in the Korean market. So like the two largest stocks in the Korean market. And I mean, this thing is down from like 1600 to 800. And it's up this morning. So I mean, this is up this one. This is a lot of it's tech happy to. So it's up 1.25%. It just opened up 30 minutes ago. So this stays up. I'm thinking we're going to get a bounce tomorrow. Some kind of bounce tomorrow. Good. But I mean, good, good. How much lower do you think the iron trade needs to go down? Bro, not really. $20 for people to for people to start committing suicide. What do you think that is? I think we go below $20. That's that's going to happen, man. People are really going to be low 20. That's it. Let me look at it. Yeah, I think so because we were at 30. Yeah. Recently, right? So it's pretty bad. So $24.50, $24.57 right now and it literally closed at the low. So yeah. I don't know, man. I think it's a lot of things in it. If you believe in it, it's definitely a good price, I think. Good thing, so. I mean, I wouldn't just go smash by it, but you could start building a position. Start building? I mean, I don't like that sort of stuff. I like letting my friend, Bitcoin AI, I grabbed the early pump. I don't mind that. And then I like getting in a little bit later once everything's kind of like proven. So based on my strategy, I would have been in on I, if I was focused on AI last year, which I wasn't, right? But if I was applying my strategy, I would have been in on I run a $10 and I would have been out at $43.45. I don't know that. Yeah, that would have been. Which I think is quite good. That a bit. I wasn't in there. I missed the, but like I missed I missed the $5 bottom last year and I missed the, you know, $76 top, but you know, for sure. Do you see any deep value right now? Like anything that's like, like promises? Bitcoin. Yeah. I'm looking on that. Yeah, Bitcoin. I'm looking on that one. Bitcoin, MSTR, and I'm waiting for BM and R to.