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Speaker 3: See you on the other side.
Speaker 4: My graduates from my school being forts back drop b drop,
Speaker 4: Mike drop back drop drop.
Speaker 2: All right, guys, welcome back e y L at L edition.
Speaker 2: Another one, another one, another other one. So for over
Speaker 2: eighteen months, this is one of been been one of
Speaker 2: the premiere topics that have we been been requested for.
Speaker 2: And we actually gonna give you a double dose of
Speaker 2: two of the top topics that one we've covered briefly
Speaker 2: and one we have not covered yet at all.
Speaker 3: Sure, four X, that's the elephant in the room.
Speaker 2: I hope you're not listening.
Speaker 1: That's a elephant in the room by four X. Man,
Speaker 1: it expands us.
Speaker 2: It's a very controversial situation. Man, either you love it
Speaker 2: or you hate it, but us during Alesia, we just
Speaker 2: had to provide information and four X, no matter how
Speaker 2: you feel about it, you can't deny that it is
Speaker 2: the biggest market in the world, Bigger than the credit market.
Speaker 2: Credit market is number two, four X is foreign exchange
Speaker 2: currency is number one. So it's a huge, huge, huge marketplace.
Speaker 2: A lot of people, uh day trade for X, invest
Speaker 2: in four X, make money in for X. So it's
Speaker 2: a viable investment option as well, and it's something that's
Speaker 2: been around for a long period of time and it's
Speaker 2: not going anywhere because currencies aren't going anywhere. But if
Speaker 2: it does change and currencies change, it'll go more digital
Speaker 2: in the world of crypto currency, which we'll talk about
Speaker 2: today also, So we're gonna give you a double dose,
Speaker 2: so four X and crypto. So this is going to
Speaker 2: be an epic episode. We got the right guy, we do.
Speaker 2: We the right So Justin Owens has established himself as
Speaker 2: an expert in both fields, and we actually met him
Speaker 2: through who's the first person, I think, Alex Alex Alex
Speaker 2: shout to Alex. Good energy, that's a fact got so
Speaker 2: you know, out in the Atlanta they got the whole
Speaker 2: circle of CEOs. Shout out to the whole crew, and
Speaker 2: Justin is definitely a part of the circle CEO. So
Speaker 2: we met him and just established the relationship with him,
Speaker 2: and you know, super super cool dude, extremely knowledgeable, and
Speaker 2: when I was talking to him, I realized that, you know,
Speaker 2: all investing is pretty much very similar. So he's explaining
Speaker 2: to me how he's doing technical analysis with four X
Speaker 2: and it's the same thing that we know with stocks,
Speaker 2: the same indicators, all of that stuff, and even on crypto,
Speaker 2: a lot of it is and we know crypto, but
Speaker 2: it's synonymous with you know, investing in stocks next to
Speaker 2: that nature. So he was the perfect person to have
Speaker 2: this conversation. So I'm excited about it. So first and foremost,
Speaker 2: thank you for joining us.
Speaker 5: Appreciate it, and I appreciate you all for having me
Speaker 5: about it. You know what I'm saying.
Speaker 3: Yeah, we hit him up, like, yo, man, you want
Speaker 3: to come on the show, I'd be honor. I was like,
Speaker 3: let's do it. Just let's do it.
Speaker 2: Man.
Speaker 6: I love what y'all been doing for the community, the culture,
Speaker 6: you know, and leveraging your platform to give people access
Speaker 6: to people they can normally touch, like you know, the
Speaker 6: Mark Cuban joint that you just had, Like everybody can't
Speaker 6: sit down and have a conversation, but y'all didn't keep
Speaker 6: it to yourself. You shared it with the world, and
Speaker 6: I think that's why you all continue to get blessed
Speaker 6: because not only you're doing something for you know, obviously
Speaker 6: it's something for your families and for yourself, but now
Speaker 6: you're impacting so many more people. So you know, they
Speaker 6: say impact before income. You guys are making a big
Speaker 6: den So I appreciate you guys.
Speaker 2: Thank you, brother, appreciate it. So let's jump right into it.
Speaker 2: It's four X. What is for X For people that
Speaker 2: might not be familiar, they only see the spam comments
Speaker 2: on Instagram.
Speaker 5: Yeah, believe it or not. You know, most people have
Speaker 5: participated in it. You know, foreign exchange.
Speaker 6: The foreign exchange market is the largest financial market in
Speaker 6: the world. But if you're ever going to a different country,
Speaker 6: you know, Europe, Australia, Mexico, you typically have to trade
Speaker 6: your country's currency for that country's currency. That's foreign exchange.
Speaker 6: What we show people how to do is instead of
Speaker 6: you having to go to these different countries and physically
Speaker 6: hold the currency as long as you got to sell phone, laptop, computer,
Speaker 6: whatever the case may be, you can actually trade for
Speaker 6: in exchange literally as long as you got internet. So
Speaker 6: what we show people how to do is make those
Speaker 6: similar type of trades like going to Canada and all
Speaker 6: these other places.
Speaker 5: But you know, laptop computer, you can make the same trade.
Speaker 1: What has been the cause for the frenzy over the
Speaker 1: past five years, I feel like out of nowhere. I mean,
Speaker 1: it's as existed, like you said, for a long time,
Speaker 1: over the past five to seven years.
Speaker 3: It's like the number one thing people want to talk about.
Speaker 5: So good question. It's a couple of reasons.
Speaker 6: Number one, up until a few years ago, to trade
Speaker 6: for X used to have to have a three million
Speaker 6: dollar networth, and to start your trading account used to
Speaker 6: have to have a one hundred thousand dollars to open it.
Speaker 6: So it was only a wealthy man and wealthy women's game.
Speaker 6: So a lot of people that are wealthy, they know
Speaker 6: about it. They're like, Okay, I know what for exists?
Speaker 6: Whow we just started talking about it, right, And I
Speaker 6: just say myself, right, is that you know, you had
Speaker 6: something called retail brokers that opened up, So now the
Speaker 6: qualifications wasn't so high like you get like today, you
Speaker 6: can start a trading account with ten to fifty dollars,
Speaker 6: So now the barriers to get in the game is
Speaker 6: a totally different game. Now you can start with fifty
Speaker 6: dollars account, one hundred dollar account, and you can grow
Speaker 6: that to a few thousand, as opposed to you know,
Speaker 6: if I wanted to get into it ten years ago,
Speaker 6: fifteen years ago, I would have to have three million
Speaker 6: dollar networth, which is it easy? And then one hundred
Speaker 6: thousand I want to put in there. And then on
Speaker 6: top of that, it was really expensive to learn how
Speaker 6: to trade. So like you have people like Robert Kiyosaki.
Speaker 6: He has a course that will teach people how to trade,
Speaker 6: but it's anywhere from forty to fifty fifty.
Speaker 5: Five thousand dollars.
Speaker 6: So even if I met the qualify, even if it
Speaker 6: was ten to fifty dollars to get started, if I
Speaker 6: didn't have that large amount of money to get into it,
Speaker 6: I'm still not going to invest into it. Well, now
Speaker 6: you got you know, people on social media, you can
Speaker 6: get started for a few thousand dollars in their courses
Speaker 6: hours a couple hundred dollars that people can actually learn
Speaker 6: how to trade. So it's the barrier's entry to the
Speaker 6: investing side and then the educational side that's made it
Speaker 6: more of a frenzy. And then you know, you're adding
Speaker 6: a piece where people can get paid to referred. I
Speaker 6: think you kind of you read off of this, you know,
Speaker 6: So it's uh, it's been it's been a unique combination,
Speaker 6: but it's been special because in the midst of it,
Speaker 6: I would say you know, being a part of it.
Speaker 6: There are people that I would say market it the
Speaker 6: wrong way. They market it like, hey, you come over here,
Speaker 6: you get rich, you learn how to trade, And that's
Speaker 6: not true. You do have to put in time to
Speaker 6: learn how to trade and invest. But man, if you
Speaker 6: take the time to really learn it and not trying
Speaker 6: to get rich, tomorrow is very profitable.
Speaker 2: So all right, so let's let's step into it. So,
Speaker 2: all right, four x trading. You explained to me that
Speaker 2: you have to trade four x in pairs. Can you
Speaker 2: talk about that? Yeah?
Speaker 6: Absolutely, So to kind of pull back, right, So the
Speaker 6: foreign exchange market, you know, we talked about us anywhere
Speaker 6: from five point three to six point six trillion dollars,
Speaker 6: all right, so by far it's not even up for debate.
Speaker 6: It's the largest financial market in the world, the like
Speaker 6: the United States. The stock exchange is like twenty two
Speaker 6: billion dollars a day, so it's really really big. So
Speaker 6: what you're doing is you have the entire worldwide economy
Speaker 6: of countries that you're really trading for or again, that's
Speaker 6: really what's happened. It's just another form of trading. Like
Speaker 6: at the beginning, we had bartering, so you had you know,
Speaker 6: if you had some wool, you had a painting. I'm
Speaker 6: trying to figure out how to get your painting. We
Speaker 6: figure out a way to exchange things. Well, now the
Speaker 6: whole world has said, okay, you know what, We're basically
Speaker 6: gonna go off of a standard note, and so everybody's
Speaker 6: agreed to it. For the most part, most countries have
Speaker 6: agreed to it. So now when you're trading in the
Speaker 6: foreign exchange market, stocks is when you're trading the evaluations
Speaker 6: of companies foreign exchange. I'm looking at countries, so I'm
Speaker 6: looking at the economy of the United States. I'm looking
Speaker 6: at like what's going on with Brexit and stuff like
Speaker 6: that. That affects the British pound, that affects the uro ow
Speaker 6: and so there's a lot of things that are happening.
Speaker 6: So when I'm trading let's say, for instance, the Australian
Speaker 6: dollar versus the euro, I mean the United States Dollar
Speaker 6: a U D USD. Well, what I'm saying is, if
Speaker 6: I go on to buy, I believe the Australian dollar
Speaker 6: is going to be stronger than the US dollar this
Speaker 6: period of time.
Speaker 5: So every time you enter a.
Speaker 6: Trade you're buying and or selling another currency at the
Speaker 6: same time.
Speaker 2: So it's like, all right, I'm gonna do the Australian
Speaker 2: dollar and the US dollar for lack of a better word,
Speaker 2: betting that the Australian dollar will outpace the US dollar
Speaker 2: today correct in that period of time, and if that
Speaker 2: happens today, I make money. If the US dollar outpaces
Speaker 2: the Australian dollar today, I lose money.
Speaker 5: Correct.
Speaker 6: But it's not even just today. It could be like
Speaker 6: you could be in a trade for a few minutes.
Speaker 6: You can be in there for a few hours. You
Speaker 6: can I mean, people hold trades for months, you know,
Speaker 6: swing traders. So it really just depends on the time
Speaker 6: period that you're going to be trading in.
Speaker 5: You know that you can actually be able to make money.
Speaker 6: But the thing is, if I say, you know, I
Speaker 6: believe the US dollars is gonna get stronger and it
Speaker 6: gets weaker, well I'm gonna lose money. But it's the
Speaker 6: same principle that we talk about with trading, Like when
Speaker 6: we're traveling, So let's say we go to Europe. When
Speaker 6: you go to the country, when we're traveling, we're not
Speaker 6: really paying attention. It's like Okay, give me a thousand
Speaker 6: dollars and give me whatever that is in this country's currency.
Speaker 6: And then when you leave the country, you either the
Speaker 6: country's currency is either gone up or going down. That's
Speaker 6: why when you go to the foreign exchange booth at
Speaker 6: the airport, y'all, notice that the value is always changing.
Speaker 6: It's not sitting. It's always changing. Currency is always moving.
Speaker 6: So when you have those movements in the market, we're
Speaker 6: able to make money on those movements, just like you
Speaker 6: would traveling, except for now don't have to travel to
Speaker 6: Europe or travel to Canada to make that profit.
Speaker 5: I can do it from my home.
Speaker 1: So in terms of time, right, because I'm thinking right
Speaker 1: Far East Asia, obviously the economy starts with four hours.
Speaker 1: How do you supplement for that, right, Because if it's
Speaker 1: daytime there, it's probably midnight here. How are we factoring
Speaker 1: that into the equation.
Speaker 6: You have different trading times, like the market is open,
Speaker 6: so you have the Tokyo session, the Australian session, you
Speaker 6: have the London session, which is one of the biggest,
Speaker 6: actually the biggest, and then you have the New York
Speaker 6: session that's the United States Seestion session.
Speaker 5: So all of these sessions.
Speaker 6: Each country is moving at different times, and so that's
Speaker 6: the cool part about trading for X. It's twenty four
Speaker 6: hours a day, five days a week, so as opposed
Speaker 6: to like my trade stocks as well. You know, if
Speaker 6: I'm not available from nine to basically four thirty five o'clock,
Speaker 6: I can't trade it as opposed to four X. If
Speaker 6: I'm a night out, well maybe I want to trade
Speaker 6: the Tokyo session, you know, maybe I want to trade
Speaker 6: the Australian session. And then you know, like the London
Speaker 6: session starts at our time about three am, So if
Speaker 6: a person wants to trade that, then they want to
Speaker 6: wake They got to wake up at three am in
Speaker 6: the East Coast time to be able to trade that.
Speaker 6: So it really depends upon what time of day that
Speaker 6: your most I tell people that you're most productive. But
Speaker 6: once you find a currency period that you really rock
Speaker 6: with and you really understand how it works, I.
Speaker 5: Tell people, stick with it.
Speaker 6: You only need two or three currency payers to really
Speaker 6: understand how they move, to understand how to be able
Speaker 6: to make money, similar to stocks, like you know, there's
Speaker 6: certain options. I'm sure you guys know, I know how
Speaker 6: this moves. And then whence you understand how it moves, like, okay, cool,
Speaker 6: let me just follow this. All right, it's pulled back here,
Speaker 6: but I know there's another opportunity for me to buy.
Speaker 6: So because I've been following it so long, I'm not
Speaker 6: freaking out about movements in the market.
Speaker 1: So if I like the time, if I'm like the
Speaker 1: British pound and waking up at three am, I'm fighting
Speaker 1: a trading pair at that time to actually say, all right,
Speaker 1: I'm staying in this market for the day or the
Speaker 1: minute of the hour or whatever.
Speaker 6: Okay, yeah, And the best time is to really traders
Speaker 6: when you have like an overlap of markets, So when
Speaker 6: you have the London session overlapped and overlapping with the
Speaker 6: New York session like the United.
Speaker 1: States overlapping meaning open versus closing, verse open, open and
Speaker 1: open open and the same time.
Speaker 6: Because remember this is the world wide market of money,
Speaker 6: so that means all these countries over here that's doing business.
Speaker 6: Everything that has to happen, Like even when the government
Speaker 6: has to buy something from another country, they got to
Speaker 6: exchange the currency first. So everything that has to happen
Speaker 6: with the worldwide economy, they have to This is this
Speaker 6: is where they have to play at. So now like
Speaker 6: if if Australia's open and let's say London is not,
Speaker 6: well it's not that much going on because it's only them, right,
Speaker 6: But when you got the United States open, you got
Speaker 6: London open at the same time, where there's a ton
Speaker 6: of movement that's happening in the market.
Speaker 2: So that's interesting in people might not be familiar that
Speaker 2: actually currencies do fluctuate. But like you said, if you
Speaker 2: go to that booth in the airport, or if you
Speaker 2: just watch the booth and you see those numbers, it's
Speaker 2: not like it's moving like stocks like up and down,
Speaker 2: like you know, crazy amounts, but those little it might
Speaker 2: be you know, a tenth of one percent.
Speaker 5: Yeah, pips, that's what we call this movements in the market. Yeah,
Speaker 5: so that's how we calculate movement in the market.
Speaker 6: And then your lot size, that's your risk, that's determines
Speaker 6: how much money you're gonna be making per pip.
Speaker 2: So explain the pips and lot size.
Speaker 6: So a pip is just basically the movement. So it's
Speaker 6: a little bit different. But if you if you looked
Speaker 6: at a chart like a four x shart, you would
Speaker 6: have like a price that's gonna be talking about like
Speaker 6: the main pair, right, and then as that is that
Speaker 6: fluctuates in the.
Speaker 5: Market, is it moves, that's the pip.
Speaker 6: That's its just how we calculate movement in the market pips.
Speaker 2: Like for stock market, they call basis points, which is
Speaker 2: a point of one percent correct, So like if it
Speaker 2: moves one basis point, that's point that's one percent of
Speaker 2: one percent correct. So if it's ten basis points is
Speaker 2: point ten? Is it similar to that?
Speaker 6: Yeah, that would kind of get into like the lot size, right,
Speaker 6: So because like now like yeah, I guess it moves
Speaker 6: by a certain amount of pips. So you can have
Speaker 6: one hundred pit move, you can have a thousand pit moves.
Speaker 6: When you say, when you hear people say that they're
Speaker 6: talking about the movement in the market, but that doesn't
Speaker 6: mean like, like let's say on cryptocurrency, bitcoin may move
Speaker 6: a thousand pips, but it may have only dropped a
Speaker 6: couple of dollars in real life, because it's just different
Speaker 6: movement in the market.
Speaker 1: Now, I will say it sounds similar to ticks in
Speaker 1: the future's market. Yeah, I think that was equal to
Speaker 1: like one cent or something like that. So it sounds
Speaker 1: like pretty similar.
Speaker 6: And then your lot size is just you have like
Speaker 6: a point zero one, so that's like ten cents a lot, right,
Speaker 6: then you have a.
Speaker 5: Yeah point one and then that's.
Speaker 6: That's a dollar a lot, and then you have a
Speaker 6: standard lot, which a lot of people want to try
Speaker 6: to get to.
Speaker 5: That's like a one point zero.
Speaker 6: So if that that's telling you, based on the lot size,
Speaker 6: how much money is going to be made on that
Speaker 6: move based on what you put in. So even if
Speaker 6: I had a ten thousand dollars account, but I only
Speaker 6: said I want to make a dollar per pip, if
Speaker 6: it moves one hundred pips, I made hundred dollars. But
Speaker 6: if I would have been on that same trade and
Speaker 6: said I want to make ten dollars a pip, well,
Speaker 6: then I would have made what is that one thousand
Speaker 6: dollars on that same trade. So it's not just the
Speaker 6: trade that's happening, it's also the risk that you set
Speaker 6: up on that particular trade.
Speaker 2: So what the what's something like all right, if you
Speaker 2: want to start trading, what's the format, Like, what's the platform.
Speaker 5: That medi traded for?
Speaker 6: It's a few of them, I mean meditrade for is
Speaker 6: what a lot of people use Trading View is a
Speaker 6: good place to look at charts. If you want to
Speaker 6: be independent of a company, like you know where you
Speaker 6: could just look at it yourself. You could do that
Speaker 6: as well, but you've got to have a broker that
Speaker 6: you're going to be attached to.
Speaker 5: So it's a ton of brokers out there.
Speaker 6: I tell people just choose a reputable one because you
Speaker 6: know there's scam brokers as well too. That's one of
Speaker 6: the benefits to having like stocks because you don't have
Speaker 6: to worry about somebody just you know, there's things that
Speaker 6: regulate the market right well four X. If you don't
Speaker 6: have a reputable broker, you could be in the trade
Speaker 6: and they said, hey, you know you you look at
Speaker 6: the chart and you won, but they're like, no, we
Speaker 6: got to spread and you lost. And that happens sometimes
Speaker 6: in the market. That's why you want to try to
Speaker 6: find like reputable brokers. And then once you get a
Speaker 6: reputable broker, then what you want to do is you
Speaker 6: want to connect it to your medi trader, for that's
Speaker 6: where you're going to really execute your trades. So what'dra
Speaker 6: four it's just a it's a platform for you to
Speaker 6: be to execute your trades. So it also has charts,
Speaker 6: but most people normally mark it up on like Trading
Speaker 6: View or some other like charting software, and then you
Speaker 6: just execute your trades from either your phone or your
Speaker 6: laptop there. So that's where that's where it's kind of
Speaker 6: like a almost like an e trade, except for it's
Speaker 6: not the broker as well. So it's like you find
Speaker 6: somebody that the broker that you're going to enter the
Speaker 6: trades through meditradeor four allows you to execute those trades
Speaker 6: for yourself.
Speaker 1: So for a lot a long time, especially documenting, people
Speaker 1: felt like for us is illegal and I'm wondering now
Speaker 1: obviously we know it's not, but what role do government
Speaker 1: banks play?
Speaker 2: Right?
Speaker 1: Because if the currencies drop when they be trying to
Speaker 1: purchase them, like, what role are they having.
Speaker 6: They're one of the big players in the market. So
Speaker 6: you've got I mean, it's a lot of players in
Speaker 6: the market. You got governments, you got banks, the other
Speaker 6: financial institutions, hedge funds, believe it or not, a lot
Speaker 6: of hedge funds actually trade for it.
Speaker 3: I saw that one.
Speaker 6: You know what I'm saying, Like if you look at
Speaker 6: like show billions, a lot of people watch a lot
Speaker 6: of stuff they're trade Like you look at truck Okay,
Speaker 6: they're really trading for It's if you look at the
Speaker 6: money show on TV. At the bottom, you'll start seeing
Speaker 6: like now that you know, you'll start seeing you know, USDCAD,
Speaker 6: it's a whole bunch of currency piers at the bottom.
Speaker 5: That's for X. It's right in front of people the
Speaker 5: whole time. So it's not a scam.
Speaker 6: It's just perceived that way because they see people the
Speaker 6: way they market it seems scammy or spamish, and some
Speaker 6: people are Now I'm not messing with that because the
Speaker 6: person that's shown it to you it's a scam, right,
Speaker 6: And so sometimes it's because of who brought it to
Speaker 6: you that makes you feel that way. But if you
Speaker 6: have a professional on somebody that's making a lot of money,
Speaker 6: now you're gonna listen, like, man, how do you make money?
Speaker 5: How do you do this?
Speaker 6: I'm like, okay, trade for X now, people listen. So
Speaker 6: what I've seen is it just depends on who brought
Speaker 6: it to you. You know, like somebody on the side
Speaker 6: of the street that looks a little ragged and say,
Speaker 6: hey man, what you do trade for?
Speaker 5: She's like, oh no, brother, leave it. That happened.
Speaker 2: You know what?
Speaker 1: A girl, a girl was actually in our program, no joke,
Speaker 1: no joke, a girl that was in a summer program.
Speaker 1: She had to be like seventeen eighteen. She was like, Troy,
Speaker 1: can I speak to you? I'm like, yeah, what's going on?
Speaker 1: She was like, nah, counk come over here and like
Speaker 1: with one on one and I'm like, what's up? And
Speaker 1: she was like what are you doing? Like tomorrow at
Speaker 1: three o'clock. I'm like, what you mean? It was like,
Speaker 1: I want you to come to this meeting about some
Speaker 1: making money. I said, asked you if you don't get
Speaker 1: out of here, like I pay you.
Speaker 5: Right right right, right right right. But you know, people
Speaker 5: got to start somewhere.
Speaker 3: That's the fact.
Speaker 6: I feel like if I would say this, y'all wouldn't
Speaker 6: be sitting I started doing this three and a half
Speaker 6: years ago, y'all would have be sitting there with justin
Speaker 6: three and a half years ago.
Speaker 2: You know.
Speaker 6: But because I study got better, you know, people pay
Speaker 6: attention now, you know, But at the beginning, it was
Speaker 6: like is it real?
Speaker 5: Now? It's a lot of risks that goes with it.
Speaker 6: You know that you know, I tell people, as much
Speaker 6: money as you can make, you can lose them for its.
Speaker 6: And so you know you've got to have you know,
Speaker 6: understanding and understanding of like proper risk management you get
Speaker 6: into the trades because a lot of people what happens
Speaker 6: when they get into forests. Another reason why it feels
Speaker 6: like a scam is they really don't want to learn it.
Speaker 6: They just want to put their money in and they
Speaker 6: just want to grow it. How do I make money?
Speaker 6: Like I had a pastor, big time pastor. They got
Speaker 6: started not too long ago. He was like, look, I
Speaker 6: got quarter million dollars I want to put in the market.
Speaker 6: I'm like, no, you're not doing that because you don't.
Speaker 5: Know what you're doing.
Speaker 6: Because it sounded like a quarter million sounds like a
Speaker 6: lot of money. But when it's a six point six
Speaker 6: trillion dollar market depending on the day, that ain't no money.
Speaker 5: They'll suck that up in a few minutes. Big shocks,
Speaker 5: big time because.
Speaker 6: Like to move this market, you got to be a
Speaker 6: bank or financial institution, you know, like retail traders.
Speaker 5: That's us, Like.
Speaker 6: We we make up a very small percentage. I think
Speaker 6: it's something like less than five percent of the entire market.
Speaker 6: It might be less than that, so it's not a
Speaker 6: lot of money that all the retail traders that you
Speaker 6: see are.
Speaker 5: Putting in the market.
Speaker 6: So yeah, I think that's where they get that reputation from.
Speaker 6: It's who was bringing in how people are marketing, but
Speaker 6: it's people get better, their confidence gets better. I think
Speaker 6: one of the things that's cool about it is you
Speaker 6: don't need people to make money. Okay, you know, like
Speaker 6: I can just trade. I don't have to recruit nobody, don't
Speaker 6: have to sell nothing to nobody. I understand how any
Speaker 6: links I can make money by myself, and that to
Speaker 6: me was really cool, especially when look at last year
Speaker 6: when people were really shut down investing and stuff like that.
Speaker 6: That's that's a that's a powerful skill, especially if you
Speaker 6: understand what to do with it. When you look at
Speaker 6: what some of the things that happened in stock which
Speaker 6: we were just talking about, and what happened to digital currency.
Speaker 5: Knowing what we know now, I would have I would.
Speaker 7: Have I would nothing last year and just put it
Speaker 7: all in the market, because I mean it would be
Speaker 7: it would be a wrap that fact.
Speaker 2: So let me ask you this as far as like stocks, well,
Speaker 2: obviously you know people have their favorites, whether it's technology
Speaker 2: companies Apple, Microsoft, Google, and all stocks aren't the same.
Speaker 2: Like I mean, if you invest in, you know, a
Speaker 2: penny stock is not the same as investing in Tesla.
Speaker 2: So currencies is it the same, Like are they like
Speaker 2: some currencies that are like the premier currencies or do
Speaker 2: you have a favorite that you like to actually trade it?
Speaker 6: There are, but it's all it's all Uh, it's all personal,
Speaker 6: you know.
Speaker 5: I tell people all the time, trading is personal.
Speaker 6: Because what it is is really like you got to
Speaker 6: look at the chart and it's got to make sense
Speaker 6: to you, you know, at the end of the day.
Speaker 6: Because like, for instance, my personal favorite is aud usd
Speaker 6: It's not the top.
Speaker 5: Moving currency, period but it flows for me.
Speaker 2: I'm like a chill Australian dollars.
Speaker 6: Australion dollar US dollar right, and so Australian dollar versus
Speaker 6: US dollar.
Speaker 5: But for me, I'm like a chill guy. I travel
Speaker 5: a lot, so I don't.
Speaker 6: Need a ton of movement to be able to make
Speaker 6: the moves that I need to make in the market.
Speaker 6: There's some people that are like USDJPY the United States
Speaker 6: dollar versus the Japanese in moves a lot. Some people
Speaker 6: like like now there's a new one that you can
Speaker 6: trade on four, which is US thirty, which is the
Speaker 6: top US top thirty US companies that are in that
Speaker 6: currency period, and that's really volatile, so.
Speaker 2: It's thirty companies.
Speaker 6: The dollar is just thirty companies, right, the top thirty companies,
Speaker 6: and I don't even know which ones. I don't trade
Speaker 6: it because it's too for me. But I had a
Speaker 6: friend last year. He made three point three million dollars
Speaker 6: on it just trading US thirty. But it's very risky,
Speaker 6: so they'll be in trades for a short period of time.
Speaker 6: But the year before that, you know, DL made I
Speaker 6: think it was like one hundred and eighty thousand dollars
Speaker 6: just regular for it, and he really studied US thirty
Speaker 6: and get into it. Made over three million dollars last
Speaker 6: year trading it, so it's very risky.
Speaker 5: You can a lot of people don't even know.
Speaker 6: You can trade gold and silver on in the foreign
Speaker 6: exchange market, so you can trade commodities in there.
Speaker 5: So there's a lot of ways to play in the
Speaker 5: game of forks.
Speaker 6: You just got to find a currency pair or a
Speaker 6: commodity or something that really rocks that you really rock
Speaker 6: with and resonate with, and you really understand some people
Speaker 6: don't know. You can trade digital currency in there, so
Speaker 6: you can trade the bitcoin versus the US dollar or
Speaker 6: XRP or theoreum and things of that nature. So there's
Speaker 6: so many ways for a person to really get into
Speaker 6: the market. It's not just you know, for x is
Speaker 6: just the title of you know, the market. There's so
Speaker 6: many ways that you can actually make money inside of.
Speaker 1: It after you've made your selection of your pair. Are
Speaker 1: there like some strategies or technical things that you should
Speaker 1: be looking at when you go into this, because I
Speaker 1: know we've had a conversation before about doing the analytics
Speaker 1: and the technicals when it was coming to the stock mark.
Speaker 1: So what are some of those things that we're using
Speaker 1: for us?
Speaker 6: Yeah, So, I mean there's a lot of tools some
Speaker 6: people trade with indicators. Personally I don't, but they work
Speaker 6: for people. Again, it all depends on what works for
Speaker 6: you and what you see when you look at the market.
Speaker 6: You know, some of the basics that are really important.
Speaker 6: It is like supporting support and resistance, understanding you know,
Speaker 6: the floor and the ceiling on a certain currency. Prayer
Speaker 6: that helps you with your entry point understanding, like druing
Speaker 6: trend lines so you can see where the market is going.
Speaker 6: When it breaks the trend, maybe it's a good time
Speaker 6: to get into the Marketibonacci, right, using fibonacci looking for
Speaker 6: retreacement levels and when okay, is this a good time
Speaker 6: to get back in. All of those things really kind
Speaker 6: of come in and so a lot of people use
Speaker 6: is a combination of a few things, and that's kind
Speaker 6: of become their strategy.
Speaker 2: Yeah, all of that stuff and stuff that we talk
Speaker 2: about on market Mondays with stocks Oh wow.
Speaker 6: So yeah, once we start talking like you be like
Speaker 6: I think we were talking about binary options, and I said,
Speaker 6: use like a call and to put stuff like that,
Speaker 6: like a lot of stuff is very similar. And in fact,
Speaker 6: I think it is in the options. I think it's
Speaker 6: called that I don't personally trade. I have a lot
Speaker 6: of people in my group that trade it. I actually
Speaker 6: believe it's the same terminology that people use.
Speaker 5: So it's all very similar.
Speaker 2: What is the binary options binary options?
Speaker 5: It is still for X, but it's time for X.
Speaker 6: So like with regular forks, I could be in the
Speaker 6: trade a couple of days, a couple hours, months, whatever
Speaker 6: I want to choose, whenever I want to close out
Speaker 6: and call my profit or my loss. When it comes
Speaker 6: to binary options, it's time for it. So you're literally
Speaker 6: looking at the market to go above a certain point
Speaker 6: in a certain time period, whether the it's a minute,
Speaker 6: where there's three minutes, or if you want to continue
Speaker 6: to roll it over and so it's literally the same
Speaker 6: thing except for as time forks. A lot of people
Speaker 6: call it money and minutes because your decision, your ability
Speaker 6: to make money is done in three minutes. So one
Speaker 6: thing I like about it is that you get your response,
Speaker 6: your feedback really quick, either lost or you want you know,
Speaker 6: you know, as opposed to like sometimes you know sometimes
Speaker 6: like we were talking these days, you make a lot
Speaker 6: of money, lose a lot of money, and you can
Speaker 6: do the same thing there, but it's it's quick. It's
Speaker 6: either like, hey, close us out. I made fifty dollars
Speaker 6: or I lost fifty dollars. Close this out in a
Speaker 6: minute or three minutes. I either lost five thousand, I
Speaker 6: made five thousand. It's literally that quick.
Speaker 2: So you you're you're doing daily like what's your what's
Speaker 2: your personal strategy?
Speaker 5: Yeah, I'm more of like an entry day trader.
Speaker 6: So a lot of trades I have, I'm going to
Speaker 6: hold it for a few hours, maybe a couple of days,
Speaker 6: and I'm out of the trade. You know, like some
Speaker 6: people they hold them for a few hours. That's literally
Speaker 6: it a lot of people. It's like like some people
Speaker 6: have strategies where it's like ten pips in dip. As
Speaker 6: I get my ten pips, I'm out.
Speaker 5: You know, we have a.
Speaker 6: Calculator in our group as well, like you just some
Speaker 6: people just go off percentage points. When I grow my
Speaker 6: account by ten percent or twenty percent, I'm out. So
Speaker 6: it really just kind of depends on your strategy when
Speaker 6: it comes to trading, because you know, greed is you know,
Speaker 6: it's you know, and I think I think one of
Speaker 6: the things you find out about yourself through.
Speaker 5: Trading is if you're a greedy person.
Speaker 6: You know, because I've been in trades, been up with
Speaker 6: a couple of thousand dollars, I'll be like, all right, no,
Speaker 6: maybe go to ten thousand, and then it go down,
Speaker 6: you know, a couple thousand dollars.
Speaker 5: You be like, let me just wait to get back
Speaker 5: to where it was. And then you know what I'm saying, like,
Speaker 5: why did I just take it.
Speaker 3: You get back to thousand.
Speaker 2: So you say you don't you don't do technical analysis
Speaker 2: too much?
Speaker 6: No, No, I don't use I don't use a lot of indicators,
Speaker 6: you know, because what do you use? I just use
Speaker 6: basically technical analysis, bro, I'll use supporting resistance, I'll draw
Speaker 6: my trend lines, and I'm just looking at good entry
Speaker 6: points on the market.
Speaker 2: That's it.
Speaker 5: That's it for me.
Speaker 6: It works because what I trade now a lot of times,
Speaker 6: just like we were talking before, is digital currency. And
Speaker 6: so I mean, I like to keep things simple. I've
Speaker 6: seen people charts and they got all these indicators, they
Speaker 6: got all these waves and all this kind of stuff,
Speaker 6: And can't it be helpful for a newer person absolutely
Speaker 6: to find a good point to get in. But I've
Speaker 6: been trading now three and a half years, so a
Speaker 6: lot of times I know what I'm looking for, and
Speaker 6: a lot of a lot of times that stuff on
Speaker 6: the charts really make it more, it messes it up
Speaker 6: for me.
Speaker 5: So I don't I don't really get.
Speaker 1: What's the level of time commitment we need to be
Speaker 1: successful because a lot of times we talk to people like, yo,
Speaker 1: do your research, do your homework, But this is different
Speaker 1: because it's twenty four hours. So what's the level of
Speaker 1: commitment that we should have allocated to, you know, if
Speaker 1: we want to be successful, if we're trying to do
Speaker 1: the fifty or sixty pips in a day or something
Speaker 1: like that.
Speaker 5: Yeah, so that's a good question.
Speaker 6: A lot of times, what I tell people is you
Speaker 6: want to give yourself, you know, an hour a day,
Speaker 6: five days a week over ninety days, and you're not
Speaker 6: gonna be an expert, but you'll be pretty proficient to
Speaker 6: start calling out your own trades yourself. Now that's a
Speaker 6: different question from when can a person start making money?
Speaker 6: Because the good thing the thing about fortes, you can
Speaker 6: be making money on accident. I have a lot of people.
Speaker 5: I've had people that have had incredible days, but it
Speaker 5: wasn't on purpose.
Speaker 6: And I think that's what a person has to be
Speaker 6: honest with themselves is when they get into it, like
Speaker 6: did you really know what you were.
Speaker 5: Doing or was it an accident.
Speaker 6: Now I've got a sergeant a military he just retired
Speaker 6: from the military, but you know, his one of his
Speaker 6: first trads he made, he made like eleven hundred dollars
Speaker 6: on his way to work. So that was like his
Speaker 6: first time making money without working, which I think is
Speaker 6: really cool. I think that's why we got to talk
Speaker 6: about investing more because most of us have never experienced
Speaker 6: making money without working. I tell most of us have
Speaker 6: been training how to work from the neck down. What
Speaker 6: trading and investing does teach you how to work from
Speaker 6: the neck up. And so he got in the market,
Speaker 6: he made, you know, eleven hundred dollars and he was like, ooh,
Speaker 6: this is crazy. Everybody ran in his office. He's like,
Speaker 6: but I did it on accident. He said, justin what
Speaker 6: made me start studying? And said, what happens if I
Speaker 6: can learn how to do this on purpose? Now Gilberto's
Speaker 6: had thirty.
Speaker 5: Thousand dollar days, forty thousand dollar days, He's.
Speaker 6: Had people that made more money. But it's all because
Speaker 6: he started learning it and saying, okay.
Speaker 5: I got to do this thing on purpose.
Speaker 6: But he started out like everybody else. You're watching videos,
Speaker 6: going through it, you know, taking the time. And so
Speaker 6: for most people, I say, look, ninety days, you'll be proficient.
Speaker 6: Twelve to eighteen months you'll really get it, and then
Speaker 6: you know the level of being a master trader. I
Speaker 6: don't even know if I'm a master trader yet, because
Speaker 6: I think you have to see so many things in
Speaker 6: the market to call yourself that. Like, you know, you
Speaker 6: can have a good year trading, you a master trader.
Speaker 6: I mean, you just had a good year. But when
Speaker 6: you can go through two thousand and seven, two thousand
Speaker 6: and eight, you can go through twenty and twenty, you
Speaker 6: can go through whatever's about to come, and you can
Speaker 6: still be consistent. Okay, now you're a master trader. So
Speaker 6: that that's the goal that everybody wants to get to.
Speaker 6: You know, some people call themselves that that. I'm not
Speaker 6: there yet, so I don't profess to be, but I
Speaker 6: can hold my own.
Speaker 2: You said something earlier before, Cam when you was like, uh,
Speaker 2: you can never work your way towards financial freedom.
Speaker 5: Now you can't. I mean, I think that's that's a
Speaker 5: trick that we've been taught.
Speaker 6: And I think now that we realize investing, you realize
Speaker 6: there was really no way to catch up with people
Speaker 6: that are millionaires and billionaires by just working, because when
Speaker 6: you start realizing the kind of money you make without working,
Speaker 6: Like bro, I've woken up like I woke up some
Speaker 6: days and be like I remember I used to try
Speaker 6: to make this in a year.
Speaker 5: Yeah, and I made it. The fact, we call it
Speaker 5: our sleeping bag. You wake up to money, you know
Speaker 5: what I'm saying.
Speaker 3: But now I like that sleep.
Speaker 6: Yeah, gave over that, But it's sleeping bag. That's what
Speaker 6: we call it is because you can make money in
Speaker 6: your sleep. And most of us have only been taught
Speaker 6: how to make money by working. And to me, that's
Speaker 6: the trap, because that ain't how you do it. How
Speaker 6: many people like I didn't go to college. That wasn't
Speaker 6: my lane. But here's what I thought about, and I do.
Speaker 6: I'm not education because I think it is valuable. I
Speaker 6: said all this because but but here's the thing what
Speaker 6: I looked at before I was going to go to college.
Speaker 5: It was two things.
Speaker 6: When I was going to go to school for business,
Speaker 6: my parents took me to all these schools and I
Speaker 6: asked the professor that was running the courses, how many
Speaker 6: of them ever ran a business? They none of them
Speaker 6: ever had, So I was like, that was a not
Speaker 6: And then I looked at how many people do you know?
Speaker 6: And I asked all this, how man people you know
Speaker 6: that worked a job their entire life and they're financially free.
Speaker 2: Very few? I don't know.
Speaker 5: I don't know anybody, but it's very few.
Speaker 6: So it's like, if that's the lane, if that was
Speaker 6: the route, I had never saw anybody do it in
Speaker 6: my life. I say, it's got to be another way
Speaker 6: for me to be able to do this. So I
Speaker 6: got into business, and so I started doing well. And
Speaker 6: you know, I wasn't poor growing up, like I had
Speaker 6: a lot of things that I needed, but not everything
Speaker 6: I wanted, if that makes sense. And so my parents
Speaker 6: great parents, incredible parents. I learned a lot of my
Speaker 6: work ethic from them. My personality comes from my mom,
Speaker 6: it comes from my dad. But when I saw a
Speaker 6: lot of things they did, I was like, Okay, I
Speaker 6: got in business. I started making money, and then what
Speaker 6: do you go? Do you go buy all the stuff
Speaker 6: you couldn't afford when you.
Speaker 5: Had no money. So I started doing the trips.
Speaker 6: I started having the shoes and all this kind of stuff,
Speaker 6: And then I realized how much money was just sitting
Speaker 6: in my closet.
Speaker 5: And then when you get broke, eventually, you.
Speaker 2: Know some.
Speaker 6: You'd be like, Dad, I really need that seven hundred dollars, right,
Speaker 6: I could sell these kicks too, right. But a mentor
Speaker 6: came to me and he was like, listen, justin You've
Speaker 6: done pretty well for yourself. But he said, man, you
Speaker 6: got to learn how to start having money work for you.
Speaker 6: And so the key is you got to have money
Speaker 6: start working for you harder than you're working for it.
Speaker 6: He said, look, why don't you have your money go
Speaker 6: out and bring your profit every day instead of you
Speaker 6: send your money in traffic, have it go to work
Speaker 6: every single day, and then you then, you know, like
Speaker 6: the richest man of Battleland talks about, your goal is
Speaker 6: to have your money, have kids and then grand kids
Speaker 6: and then great grand kids. What most of us do
Speaker 6: is we get make our money and we spend it.
Speaker 6: And then the last three letters of the word spend
Speaker 6: is what every time you spend your money, it ends
Speaker 6: for you, but it starts working for the person that
Speaker 6: you just gave it to. And that's the thing that
Speaker 6: we've been we've been caught up with, you know, is
Speaker 6: people get.
Speaker 5: All their money.
Speaker 6: We saw last year with the stimulus checking all that stuff,
Speaker 6: d R Line was out to sit out the buildings
Speaker 6: to this day so that even if you get the money,
Speaker 6: like and people weren't even going out, were in quarantine
Speaker 6: you're getting a fresh outfit to be by yourself.
Speaker 5: But what do we do.
Speaker 6: We get the money and we go spend it instead
Speaker 6: of taking it and investing it. The only thing I've
Speaker 6: seen with most of us, and it don't matter to
Speaker 6: me if you do four x digital currency stocks, is
Speaker 6: you gotta learn how to invest, because if you're not
Speaker 6: saving or investing, you're not even on.
Speaker 5: The road to creating wealth. And that's that's just the fact.
Speaker 6: We got to learn how to have our money workingforce
Speaker 6: in the market place, and if we don't, there's no
Speaker 6: way we're gonna win.
Speaker 2: When you spend money, you in money. That's definite, spend
Speaker 2: it it is. That's a fact. So let's talk about
Speaker 2: crypto a little bit. Yeah, this is what everybody has
Speaker 2: been feeding for crypto currency conversations. So all right, crypto. Right,
Speaker 2: we got the big dog, big coin YEP, which I
Speaker 2: think makes up like seventy percent of the marketplace shortage.
Speaker 3: It's as sixty four today.
Speaker 2: Sixty four dominant. And then you have the other coins ethereum,
Speaker 2: light coin, XRP, things of that and data say.
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Speaker 3: Hook of that it's number four.
Speaker 5: Now took XR piece, but a lot of them took
Speaker 5: XR piece by now.
Speaker 2: So all right, let's start. We'll have a broad range conversation.
Speaker 2: But let's start with bitcoin, the granddaddy of them all right, bigcoin,
Speaker 2: household name, people hated and love it.
Speaker 5: Top performing asset for the last couple of years in fact.
Speaker 2: So if somebody right now is thinking, Okay, what is
Speaker 2: this bigcoin thing I keep hearing about it? Is it safe?
Speaker 2: Should I put money into it? Is it gonna just
Speaker 2: disappear overnight? Like, where do we start with the conversation
Speaker 2: with bitcoin?
Speaker 5: Yeah, I think.
Speaker 6: I think the biggest thing is to understand the technology,
Speaker 6: you know, with blockchain, and that's something i'm still I
Speaker 6: still study it to this day because it's so I'm like, man,
Speaker 6: there's a lot of stuff to this, to this entire
Speaker 6: ecosystem that's been built, but in my opinion, it's here
Speaker 6: to stay and you can see it, you know, like
Speaker 6: it's funny. A couple of years ago, JP, Morgan and
Speaker 6: Chase was saying, don't touch it as a scam. Now
Speaker 6: we believe it's going to get one hundred thirty thousand.
Speaker 6: They put it that one hundred and thirty thousands because
Speaker 6: they when it took off in twenty and eighteen, it's
Speaker 6: twenty seventeen, yep, December, the big money wasn't in the game.
Speaker 6: So what do they have to do. They had to
Speaker 6: talk about it driving down because Okay, this thing might
Speaker 6: be real. Let's talk about it real quick. Now we
Speaker 6: build the infrastructure. Now you've got banks getting involved, youve
Speaker 6: got countries getting involved. That's now because they're like, this
Speaker 6: thing is going to be around, so let's figure out
Speaker 6: how we can be a part of this growth. And
Speaker 6: now you see companies and institutions that are now making
Speaker 6: a part of their portfolio. Not like they're not getting
Speaker 6: super aggressive yet, but you know, ten percent of the
Speaker 6: hedge fund is now going into crypto. It's starting to
Speaker 6: show you that money is now starting to get into it.
Speaker 6: And once they get into it, you know, it's it's
Speaker 6: almost that that that's saying that it becomes too big
Speaker 6: to fail?
Speaker 2: Do you view it more as I think the word
Speaker 2: cryptocurrency is a little misleading because digital currency, really, I
Speaker 2: think even currency is a little misleading because it's not
Speaker 2: being used as I think people's using it more as
Speaker 2: an investment store value more's goal. So do you see
Speaker 2: it in the future as actually being used as currency
Speaker 2: or more so as like a store value goal?
Speaker 6: I do I think I think it depends on which one.
Speaker 6: But I think bitcoin is more of a like people
Speaker 6: are storing money in it. But like and I hate
Speaker 6: the XRP is going through what it's going through. We'll
Speaker 6: see how it pans out. You know, the guy filed
Speaker 6: a suit and then step down the next day, so
Speaker 6: we'll see. But XRP is an example. It's utility is
Speaker 6: to help with international payments and making it cheaper, so
Speaker 6: That's why you had companies like Western Union and money
Speaker 6: Gramming them partnering with them because you know how it
Speaker 6: used to be to send money money graham was expensive
Speaker 6: and it took a lot of time. Well, now you
Speaker 6: can send millions of dollars in a matter of seconds.
Speaker 6: So that's the utility that it serves. So I think
Speaker 6: they're going to have depending on the currency. The use
Speaker 6: that it serves in the marketplace is where is where
Speaker 6: it's going to make sense for you to invest. So
Speaker 6: what I would say to anybody, even if it's bitcoin,
Speaker 6: before you invest into it, research it, Like, don't buy
Speaker 6: bitcoin just because you've heard it's time, because typically by
Speaker 6: the time you heard about it, the move's already been made.
Speaker 6: Like you should have been buying it that when it
Speaker 6: was like March thirteenth or eleven.
Speaker 5: Last year, it was thirty eight hundred dollars a coin. Yeah,
Speaker 5: you know.
Speaker 6: Now it's thirty five thousand, you know, and it's been higher.
Speaker 6: Now people are trying to get into it, and I'm like, well,
Speaker 6: you know, now for your money to double, it's got
Speaker 6: to go from thirty five thousand it's seventy thousand. Maybe
Speaker 6: you want to look at putting some money in there.
Speaker 6: I tell people that if you want to, because you
Speaker 6: can buy fractions up. You don't have to buy a
Speaker 6: whole thing, you know. Maybe I always have like my portfolios,
Speaker 6: half of it is bitcoin, and then you diversify with
Speaker 6: all coins because bitcoin is the it's the brand.
Speaker 5: A COMEP got to have that, you know.
Speaker 6: But then you have things like ethereum ness at all
Speaker 6: time high right now XRP, even though it's had what
Speaker 6: is going on.
Speaker 5: The majority of their usages.
Speaker 6: Is out of the United States anyway, so they only
Speaker 6: shut down the United States, which is like ten percent
Speaker 6: of their uses, but it's still up. It was eleven
Speaker 6: cents last March, it's thirty something since today xl them.
Speaker 6: That was super low. I don't remember what it was.
Speaker 6: I bought up three cents, right, thirty cents.
Speaker 3: Twenty eight.
Speaker 2: That's stellar sells. Stelling's back by IBM.
Speaker 6: So it's like all of these things. It's like, man,
Speaker 6: what's the percentage of growth on that? Though in a
Speaker 6: matter of months. So what starts happening is as the
Speaker 6: bitcoin grows. That's happened in twenty and seventeen would have happened.
Speaker 6: If people will start taking profit. That's why some of
Speaker 6: it's pulling back right now, and people are starting to
Speaker 6: invest into these art coins. So when they start taking
Speaker 6: money from here, then they put in these art coins.
Speaker 6: Now they start growing because people are like, oh, man,
Speaker 6: I can take the man stell what do you call it?
Speaker 6: Etheroereums of a thousand? Man, if he gets to two
Speaker 6: thousand and three thousand, well now just triple my money again,
Speaker 6: triple my money and bitcoin at this point, I gotta
Speaker 6: take it in ninety thousand, which.
Speaker 5: Again will it could happen, you know.
Speaker 6: So that's why what they'll do is what people will
Speaker 6: do because you think about it, Bitcoin's kind of been
Speaker 6: a the stalemate for the last week and a half
Speaker 6: or so, right it hasn't really been a lot of growth.
Speaker 6: So well, man, I could take my money out of here,
Speaker 6: put it in etherean real quick. That's growing right now.
Speaker 6: Some of these other coins make my profit and then
Speaker 6: flip it back into bitcoin. So now I got more
Speaker 6: bitcoin than what I had initially. And so that's what
Speaker 6: that's what a lot of us are doing, you know,
Speaker 6: in the marketplace, and it's been real profitable. Another thing
Speaker 6: with trading digital currency on the Forest platform is it's
Speaker 6: open twenty four hours a day, seven days a week.
Speaker 6: Four x is only open twenty four hours a day,
Speaker 6: five days a week.
Speaker 1: Oh yeah, yeah, that was and that was the thing
Speaker 1: we were encountering. It was like we started taking shifts.
Speaker 1: This thing don't close. It was like you know, like
Speaker 1: you know, at four o'clock you can rest if you
Speaker 1: do watching the stockroll, like all right, well tomaw's a
Speaker 1: new death right. And then crypto currency it was like, yo,
Speaker 1: it's Sunday at three am, Like yo, somebody got to
Speaker 1: watch the charts man, Like you know, you get that
Speaker 1: text match. It's like yo, we're up one hundred percent.
Speaker 1: It's like, how do I get more money in there?
Speaker 1: But you gotta wait for the banks. So it was crazy,
Speaker 1: but it's the same discipline, right, like you by low
Speaker 1: so high. The problem is when we see crypto go
Speaker 1: or we see bitcoin go to forty one thousand, it's
Speaker 1: like I better get it now for a gets two hundred.
Speaker 5: Right, And that's the worst time to buy something.
Speaker 6: This is at it all time high because it's always
Speaker 6: gonna pull back nothing just And that's the thing, the
Speaker 6: thing that makes us people up in business too, because
Speaker 6: people psychologically, we want something that just just goes up.
Speaker 5: And nothing just goes up in life. It has time.
Speaker 5: What goes up and it comes back down, goes up
Speaker 5: and comes back down.
Speaker 6: And I think if we start understanding the philosophy more
Speaker 6: so of investing, we can become more successful investors. And yeah,
Speaker 6: I mean, I look, I'm not a wizard when it
Speaker 6: comes to this stuff, but I believe digital currency, cryptocurrency,
Speaker 6: whatever you want to word it as, is here to stay.
Speaker 2: And so.
Speaker 5: It's for me, you gotta learn it.
Speaker 6: I would hate to be that person like in our
Speaker 6: parents generation of the dot com earand's like, oh, that's
Speaker 6: a scam, it's not gonna be here.
Speaker 5: And it's like, well we're.
Speaker 6: Wrong about that one, Like why not at least why
Speaker 6: not at least learn about it? It don't take up. I
Speaker 6: read something. I read something and that don't quote me
Speaker 6: on this, but it was something like, if you got
Speaker 6: a little bit of money, you can make a few
Speaker 6: thousand dollars. If you got millions right now, you could
Speaker 6: be a multi millionaire. With digital currency, you got multi
Speaker 6: millions right now, you could be completely done financially. Because
Speaker 6: of what's happening with the growth in it. So I
Speaker 6: think for anybody that just puts it aside as a
Speaker 6: scamra it doesn't work or it doesn't make sense. I
Speaker 6: think it's just naive to say something about something that
Speaker 6: most people haven't even really looked into.
Speaker 5: Why not look into it? And I have friends.
Speaker 6: I had them put one hundred dollars in bitcoin last year.
Speaker 6: They called me like, man, I got a couple hundred
Speaker 6: dollars a year.
Speaker 5: How do I do this again? I'm like, I thought
Speaker 5: you was gonna keep doing it. This whole process is.
Speaker 6: Going on so you can make money on accident. Well, man,
Speaker 6: what happens if we started learning what to do it?
Speaker 6: And then you know, one of the principle I teach
Speaker 6: people is you know you got to get some cash,
Speaker 6: take it by build a grown asset that's gonna.
Speaker 5: Make me some more cash.
Speaker 6: And if we start spending this money as opposed to
Speaker 6: this money will never be broke. The whole thing is like,
Speaker 6: y'all got you know what assets of reliabilities? The goals
Speaker 6: have some assets that are paying for everything in your life.
Speaker 6: Investments are just like that.
Speaker 2: So what about GBTC.
Speaker 6: GBTC that's so I don't know the exact name of
Speaker 6: it's like Gray Scale Bitcoin Trust. I think that's the
Speaker 6: name of it. I invested in that. That's you can
Speaker 6: buy it on e trade or on the trade on
Speaker 6: the stock market. It's not it's not like a it's
Speaker 6: not like a stock stock, but it is you can
Speaker 6: buy it on e trade, and I like that because
Speaker 6: it follows bitcoin's growth, and so a lot of us
Speaker 6: we follow bitcoin. We've been watching it for a while,
Speaker 6: and so we buy it on both stocks. Were just
Speaker 6: trying to be a part of it all. That'll just
Speaker 6: be transparent with you. If I can get over here,
Speaker 6: buy it over here too, Great Scale, which is really cool.
Speaker 6: You the initial and a lot of their funds. You
Speaker 6: have to be an a credited investor anyway to be
Speaker 6: able to take advantage of it. They've opened up that
Speaker 6: fund because there's been more millennials that have been wanting
Speaker 6: to take part in it, but they couldn't, you know,
Speaker 6: really understand the crypto side. But like right now, I
Speaker 6: think it's at you know, thirty five maybe thirty one
Speaker 6: dollars a share, and so it follows bitcoin's growth. So
Speaker 6: when bitcoin grows, it'll grow.
Speaker 2: You know.
Speaker 6: When I first started looking at it. It was between five dollars,
Speaker 6: seven dollars, nine dollars. I was buying all the way up.
Speaker 6: And you know, it's got is high. I think it's
Speaker 6: like forty something dollars over the last couple of weeks.
Speaker 6: So to me, that's another way to get into it.
Speaker 6: If you just kind of want to play around with it,
Speaker 6: you can dive into there and you can start making
Speaker 6: money there as well. I think matter of fact, I
Speaker 6: think Friday they just bought another three hundred million of bitcoin.
Speaker 2: So and it's and it's you know regulated.
Speaker 5: It is like regulating all that stuff.
Speaker 2: You don't have to go.
Speaker 6: You gotta worry about nobody's stealing it, you know, because
Speaker 6: you know, think about you know, digital currency. I mean
Speaker 6: we've seen all the reports like the guy that remember
Speaker 6: you posted a guy lost two hundred million.
Speaker 2: I was crazy.
Speaker 6: I would be going through the trash can too, because
Speaker 6: you find it, it's a year of your whole life.
Speaker 6: But you know, you got you know, I buy my
Speaker 6: digital currency now only the coin based coin base pro,
Speaker 6: and then I trade it. I transferred to something called Ledger.
Speaker 2: Talk about that. But what's coinbased pro coinbas pro.
Speaker 6: It's just like coinbase but it has lower fees. You
Speaker 6: gotta it's pros because it's a little like events, a
Speaker 6: little bit more events, but the fees are lower, so
Speaker 6: you're able to keep more your money when you're when
Speaker 6: you're buying a lot of the currency.
Speaker 3: You always start on Coinbase or did you try these
Speaker 3: other platforms.
Speaker 6: I try to Binance a little bit at the beginning Binance.
Speaker 6: Of course, in the United States they shut down all business.
Speaker 6: There are a few now other ones that you can
Speaker 6: buy it on. Of course cash app that you can
Speaker 6: buy it on now, Semini Semini, and it's somewhat it's
Speaker 6: a new one that everybody just started talking about. I
Speaker 6: have to look out. I'll after this, but it's a
Speaker 6: few of them that you can buy it on. Coinbase
Speaker 6: is kind of like the brandy you know, standard, especially
Speaker 6: here in the United States, and they're starting they're trying
Speaker 6: to go public as well, so that's something I'll probably
Speaker 6: look at too, you know, if they can get through
Speaker 6: that process.
Speaker 5: But yeah, it's a great place to buy it.
Speaker 6: I don't store it there because there's a lot of
Speaker 6: things that happens when you're storing it on there. A
Speaker 6: lot of times you'll see when there's big moves in
Speaker 6: the market, a lot of those platforms, they'll stop working conveniently,
Speaker 6: you know what I'm saying, which.
Speaker 5: Again is why they need regulation.
Speaker 6: You know, because a couple of weeks ago, XRP literally
Speaker 6: went from like forty or fifty cents one night to
Speaker 6: like almost ninety cents in coinbase froze, so you couldn't
Speaker 6: take money out. You can buy it or you can
Speaker 6: sell it. Because there was people that's trying to take bitcoin.
Speaker 6: They're like, oh man, we could move all this bitcoin
Speaker 6: in here now and it's gonna keep going. Because xrp's
Speaker 6: biggest high it was like three thousands some change. So
Speaker 6: people are like, man, I can flip my money really quick.
Speaker 3: Remember that.
Speaker 5: Yeah.
Speaker 6: So it's like now like I put my stuff on Ledger.
Speaker 6: And if you get a ledger like nano nano accident
Speaker 6: really matter which when you get just make sure you
Speaker 6: get it from their website.
Speaker 2: So what can you explain what a ledger is? A
Speaker 2: nano ledger.
Speaker 5: It's it's like it's a secure wallet. It's not on
Speaker 5: an exchange.
Speaker 6: It's like that is your exchange, so you know it
Speaker 6: doesn't hold all of them, Like I can't send XLM.
Speaker 5: I can't see Stellar.
Speaker 6: There because it doesn't have like a wallet for it yet,
Speaker 6: so they're still building out support. But a lot of
Speaker 6: the major ones Bitcoin, like coin Ethereum, XRP, you can
Speaker 6: store them there.
Speaker 5: And so when your wallet on your own person, it
Speaker 5: looks like.
Speaker 3: A USB drive.
Speaker 5: Yeah, that's exactly what it is, just like a USB drive.
Speaker 1: And obviously it has codes and each coin all coin
Speaker 1: and some people I don't want it to go over
Speaker 1: there head and all coin is any coin that is
Speaker 1: not Bitcoin, so it's an alternative to a Bitcoin. And
Speaker 1: so the nano ledgers will come preloaded with a wallet
Speaker 1: for specific ones, and so if you have XRP, it'll
Speaker 1: have the transcript for XRP where you can store it.
Speaker 1: So some people are like in the past it was like, yo,
Speaker 1: well I'll trust that, but what if I lose that?
Speaker 1: And so you can go to like an XRP and
Speaker 1: actually upload the wallet to it. The problem is if
Speaker 1: you upload it to it and somebody hacks your code
Speaker 1: on your computer, it's like all right, well, now have
Speaker 1: access to your XRP and one day you may come
Speaker 1: and it's going, which is why you have the nano ledger,
Speaker 1: and you should never lose the nano ledger.
Speaker 6: Yeah, because you know you've heard those hor storys of
Speaker 6: people taking their phone to like Rise on the eighteenth
Speaker 6: and getting it fixed, and they came back and then
Speaker 6: wallet was wiped out.
Speaker 3: Yeah we know front that I have it to. Yeah,
Speaker 3: it's Google Authenticator.
Speaker 1: Yeah he's got he switched phones.
Speaker 2: So let me ask you this because some people say
Speaker 2: that actually the most secure thing is to write down.
Speaker 2: Is that more secure than the nan no leedger? How
Speaker 2: does that work?
Speaker 5: Write it down?
Speaker 6: I never wrote it down, you know, like all the
Speaker 6: people I know in crypto told me to get the ledgers.
Speaker 1: So because you can write it down, right, you mean
Speaker 1: like as like your hand like handwritten, like you have
Speaker 1: your cold.
Speaker 3: Oh yeah, you can write it. Yeah, absolutely.
Speaker 5: But the ledger is like it has its own address.
Speaker 6: So what what I like about it is, let's say
Speaker 6: bitcoin goes to one hundred thousand. Everybody's trying to cash
Speaker 6: out right now in coin base. It may just lock
Speaker 6: you up for you can't do nothing where on the ledger.
Speaker 6: What I could do is I could send it to
Speaker 6: another exchange that's working or someplace else and take my
Speaker 6: money out exactly. So that's the kind that's that's the
Speaker 6: benefits of that. The security of it is pretty good too.
Speaker 6: You don't have to worry about I mean, I mean
Speaker 6: unless somebody you gave somebody all those codes.
Speaker 1: That you're bringing us down class backs.
Speaker 2: I lost five hundred dollars in bitcoin. I sent it
Speaker 2: to the wrong actress one time. That's something you gotta
Speaker 2: be careful of.
Speaker 1: Now you can scan it, though before we have to
Speaker 1: do the copy and paste or write it down. But
Speaker 1: now I'm thinking like that flashback of when we got
Speaker 1: the now Legends. We came to your house and it
Speaker 1: was like four of us and it was like a
Speaker 1: twenty question survey. It was like, how am I gonna
Speaker 1: even remember all these answers.
Speaker 5: You got put in?
Speaker 6: To say someone, I got a couple of different locations
Speaker 6: where I got it.
Speaker 2: I also, I can't get into finance right now. I
Speaker 2: got like three thousand dollars in binance. That's just like
Speaker 2: in like Tron and Car Dannel.
Speaker 3: We made some money on Tron. I was big on truing.
Speaker 3: I was big on Justice Son.
Speaker 2: And then good thing is that I moved all of
Speaker 2: my major I moved most. I moved like all of
Speaker 2: my real money off of finance into Coinbase, but some
Speaker 2: of them, like I don't think Carden, well, Tron's definitely
Speaker 2: not supported on coinbase, and I don't think Stellar is either.
Speaker 2: It is. I think my Stellar is still on binance.
Speaker 2: But how can I get that out?
Speaker 5: I would if you can't get it out, how can
Speaker 5: I do that? You got to send it to your wallet.
Speaker 6: So if you've got Coinbase, yeah, if you open it up,
Speaker 6: there's a wallet that you can see.
Speaker 2: They won't let me do it. But they won't let
Speaker 2: me send money out.
Speaker 5: They are a scam.
Speaker 6: Now what happened for them, Now what happened for them
Speaker 6: is for the US they shut down services. So a
Speaker 6: lot of people like they send out emails. It was like,
Speaker 6: if you have money in there, you gotta get it out.
Speaker 6: So that may be one of the things that happened.
Speaker 6: Because the problem with the US right now when it
Speaker 6: comes to digital currency is we're so far behind. So
Speaker 6: the regulations are so heavy on it because really, you know,
Speaker 6: the banks and stuff didn't want it to happen, you know,
Speaker 6: So we're all the other countries a little bit more
Speaker 6: open with it, or a lot of the other countries
Speaker 6: are a little bit more open with the United States
Speaker 6: is not. So Binance didn't shut down operations, They just
Speaker 6: stopped service in the United States because they're like, okay, y'all, y'all, y'all,
Speaker 6: ain't even a big pool of money right now. It's
Speaker 6: a lot more money that's out here other than the
Speaker 6: United States. So similar to what's happening with XRP, they're
Speaker 6: only running into regulatory issue US in the United States.
Speaker 6: And it's not even they're not even being fine as
Speaker 6: being like a scam. They're they're their their lawsuit against them.
Speaker 6: Is it kind of what you're saying, is it's an
Speaker 6: actual investment vehicle that people are looking at it as
Speaker 6: and they're like, Okay, well you've already said that bitcoins not.
Speaker 6: You've already said that Ethereum's not, and you're saying that
Speaker 6: we are. So that's what their whole their whole piece
Speaker 6: is about.
Speaker 1: The crazy part is that when they did that, and
Speaker 1: just being in the tech background right away, we were like, yo,
Speaker 1: we got to get a VPN, Like we got to
Speaker 1: get the VPN because now it'll say that and VPN
Speaker 1: is a virtual position network.
Speaker 5: Is that what virtual private network?
Speaker 3: Private Network Virtual private network.
Speaker 1: So if I'm in Atlanta, my VPN will tell you
Speaker 1: that I'm in Rio dejan Eo, and so now I
Speaker 1: can trade on those platforms. But that's the whole process
Speaker 1: in itself. It's not recommending that. I'm just saying that
Speaker 1: that's what people were doing in those days.
Speaker 2: I mean even now it's like coin Base, like depending
Speaker 2: if you live in New York, like the regulations is crazy,
Speaker 2: and if you go to Connecticut and Jersey you can
Speaker 2: actually do something.
Speaker 6: That's what it's the United States, bro, And that's like
Speaker 6: Coinbase had to get rid of XRP only because they're
Speaker 6: working on becoming public in the United States.
Speaker 5: So they're like, we can't be to this company.
Speaker 6: Which I think that's smart too, because sometimes in life
Speaker 6: you got to associate, disassociate yourself and people that's going mad,
Speaker 6: Like hey, you know my man, let's just make sure
Speaker 6: to see how that work out and then come back together.
Speaker 6: You know what I'm saying, Because they're still saying, hey,
Speaker 6: it may come back on because you can still it's
Speaker 6: still there. But you know they just you got a
Speaker 6: you know, time wtel so you know this is right now.
Speaker 6: It's the wild wid West, and I think that's exciting,
Speaker 6: you know for me, because everything that's created a lot
Speaker 6: of millionaires in America has started off and then the
Speaker 6: world started off being the wild wld West until there's
Speaker 6: some things that came to place. I would say for
Speaker 6: anybody that's investing in any of these things, it's just
Speaker 6: learning how.
Speaker 5: To get to the right side of money. That's literally it.
Speaker 6: Because most of us we have money, and we feel
Speaker 6: like we don't have enough money to invest, but we do.
Speaker 5: We're just on the wrong side of it.
Speaker 6: Like I was talking with my buddies and I was like,
Speaker 6: you know, how many of us have had.
Speaker 5: Netflix for how many years? I don't know, five years
Speaker 5: or more.
Speaker 6: And you know, even if you just look at the
Speaker 6: five ten or like the eight ten or twelve dollars
Speaker 6: I think now pay like eighteen dollars a month, But
Speaker 6: how much you've been paying for the last five years
Speaker 6: versus what would happen if you would invested that same
Speaker 6: money that you spent into Netflix. How much money would
Speaker 6: you have. So what's happening for most of us is
Speaker 6: we got the money, we're just on the wrong side
Speaker 6: of it.
Speaker 5: Everywhere.
Speaker 6: Instead of investing in Apple, man, we had every single
Speaker 6: Apple phone. It's then investing into Tesla. We dropped, we
Speaker 6: got a couple of them. It's like, but why not
Speaker 6: learn how to put our money on this side? First,
Speaker 6: have it make us some money, and then get on
Speaker 6: the other side. And I think platforms like you are,
Speaker 6: where you're showing people and teaching them education and teaching
Speaker 6: them how to mash the markets can be life changing
Speaker 6: for a lot of people if they take it serious.
Speaker 2: Now that's the fact, and it's one of these things
Speaker 2: where a lot of investments are related. Like you said,
Speaker 2: like when you learn about how to read charts, you
Speaker 2: can read the same charts for crypto, for four x
Speaker 2: for stocks. So it's not as complicated as it made sound.
Speaker 1: Like.
Speaker 2: When you first heard about this stuff for the first time,
Speaker 2: it's like you're speaking Spanish, you know what I'm saying.
Speaker 2: But the more you become familiar with it, it's like, Okay,
Speaker 2: I'm catching on, I'm getting it. Yeah, you know.
Speaker 6: That's like my mentor David, he's the one that told
Speaker 6: me about GBTZ.
Speaker 5: Okay, I mean he's I was like, and he but he.
Speaker 6: Had to show me how to buy because it's not
Speaker 6: like regular stocks, so you gotta you could just push
Speaker 6: by market.
Speaker 5: I think you had to do like a limit order
Speaker 5: on it and stuff like that.
Speaker 6: But I'm like, man, it's the same type of stuff
Speaker 6: that I was learning these other areas.
Speaker 5: But like, man, you just learn how to invest in the.
Speaker 6: Stuff, how to write people in your ear that you
Speaker 6: can make money on, Like you gave me a call
Speaker 6: and some stuff.
Speaker 5: I'm like, man, I didn't even have to.
Speaker 6: That's the benefit of being around people that are like
Speaker 6: learning and stuff and teaching it. You don't even have
Speaker 6: to be the expert, right, but you can still get
Speaker 6: the benefit of being the expert.
Speaker 2: Yeah, So how did you get into investing four x crypto?
Speaker 2: And you do some stocks too? Like what made you do?
Speaker 2: Were you always into investing in your whole life?
Speaker 6: Oh?
Speaker 5: Nah, Man, I had a I had a mentor.
Speaker 6: Initially I was kind of say at the beginning that
Speaker 6: was like, you know, you've done well for yourself, but
Speaker 6: you got to start having money work for you.
Speaker 2: You did well for yourself, what were you doing?
Speaker 6: I had an actually my own network marketing company, So
Speaker 6: I had a netw marketing company myself before that, and
Speaker 6: then I had that for like three and a half
Speaker 6: four years. Then before that, I had a call center,
Speaker 6: so it was the company I would call you. So
Speaker 6: I had a contract with eight and T Verizon Direct Energy,
Speaker 6: which is like with deregulation of energy, but on the
Speaker 6: commercial side, merchant processing. I did that for like four
Speaker 6: and a half years, and then I started off like
Speaker 6: door to door seals, so you know whatever, I could
Speaker 6: sell door to door, so you know, through those things,
Speaker 6: I made good money. And I had a year and
Speaker 6: a half that was real tough, like financially, and I
Speaker 6: was like, dang, all that money that I had to
Speaker 6: go through my hands, and I'm like, you know, and
Speaker 6: I was like twenty two twenty three. That was the
Speaker 6: first time I seen like seventy thousand months, eighty thousand
Speaker 6: dollars months and stuff like that when I was selling,
Speaker 6: and I was like, man, this is crazy. So I'm
Speaker 6: just buying stuff, but I didn't know I had to
Speaker 6: learn how to do the right things with my money
Speaker 6: and be more disciplined. I didn't realize that just because
Speaker 6: I make the money, it wasn't on mine. And so
Speaker 6: I had to realize, Okay, you know what, just because
Speaker 6: you make XYZ, that's not all yours. You gotta invest it,
Speaker 6: you gotta pay taxes, you got to do all this stuff.
Speaker 6: And so a gentleman came to me. He was like, listen,
Speaker 6: you got learn this. And then my mentor, now David,
Speaker 6: he came to me and he was like, listen, you know,
Speaker 6: this is what we're doing with four X. And I
Speaker 6: had me and my best friend we had went to
Speaker 6: a like an online seminar. I forgot the name of
Speaker 6: that company and they went out of business, now online
Speaker 6: trading academy. They were really big. They were run ads
Speaker 6: and stuff, and I was like, man, I really like
Speaker 6: that for X thing. But it was like I think
Speaker 6: their course was like thirteen thousand to thirty thousand, depend
Speaker 6: on which one you got. And I was like, man,
Speaker 6: I'm not really ready to put that kind of money
Speaker 6: into it. So I just kind of put on a
Speaker 6: whole And so when he came to me about this
Speaker 6: investing thing, I was, I know, I got to learn investing.
Speaker 5: It doesn't matter what I do.
Speaker 6: It don't matter if I get into cars or anything else,
Speaker 6: no matter, I got to take the money I'm making.
Speaker 5: I got invested.
Speaker 6: I knew that was a critical part of my life
Speaker 6: because I didn't do that. The first time, I said,
Speaker 6: I can't just spend it at all, and so I
Speaker 6: got serious about it. So initially I was just doing
Speaker 6: stuff like with my financial advisor, mutual funds, bonds.
Speaker 5: And stuff like that, and you know, it's really good.
Speaker 5: You know, it's safe. You know, like you know, if
Speaker 5: she has a fifteen percent year, it's incredible. You know.
Speaker 5: I'm like, Okay, that's great. But you know, you know,
Speaker 5: stuff that we invested in, that's a good day. I'm saying.
Speaker 6: I'm like, all right, it's not bad, but it's it
Speaker 6: could be better, you know. But in that world, you know,
Speaker 6: that's when I started looking at for us and like
Speaker 6: people don't understand it because you know, I would have
Speaker 6: people that were starting account with one hundred dollars and
Speaker 6: they would make ten dollars and they're like, man, that's
Speaker 6: no money. I'm like, but you make ten percent in
Speaker 6: a day. My financial advisor might be trying to do
Speaker 6: that for the whole year, and it's like, man, we do.
Speaker 6: Most of the market went down by a lot and
Speaker 6: we still managed to get ten percent. So when I
Speaker 6: start seeing the potential in it, I was like, man,
Speaker 6: what if what if a person could just learn to
Speaker 6: be really consistent at getting ten percent or or fifteen
Speaker 6: percent in a day in the market and grow it
Speaker 6: in compound to be disciplined. That all that just trigued
Speaker 6: me to really get serious about it, and so, you know,
Speaker 6: growing from there to not really knowing.
Speaker 5: That much about it.
Speaker 6: The first wave of crypto, I didn't really have a
Speaker 6: lot of money to invest into it. You know, I
Speaker 6: had a few thousand in it, but I didn't have
Speaker 6: a lot, and I was like, man, two things I
Speaker 6: wanted to have happened the next market collapse because I
Speaker 6: knew it was coming. I wanted to have money to
Speaker 6: get into the market because I was you know, we
Speaker 6: said it happened two thousand and seven. I was twenty
Speaker 6: years old, so I didn't really have a ton of money.
Speaker 6: Then I was just getting started. And then I was like, man,
Speaker 6: this crypto thing come back around, I really want to
Speaker 6: be able to take part in it. Because I was
Speaker 6: at the beginning of it, I didn't know what I
Speaker 6: was doing. So that's what got me interested in in
Speaker 6: triggering into it. And I think I'm always going to
Speaker 6: be with it now because like we said, man, I
Speaker 6: don't know of a place you can make this kind
Speaker 6: of money with no work, Like we literally get paid
Speaker 6: to think, you know, like you put money out there
Speaker 6: and cook up and you know that's what happens.
Speaker 5: And I'm just I'm more now.
Speaker 6: I've become passionate about teaching people about the mindset and
Speaker 6: the philosophy of investing in business and stuff like that
Speaker 6: versus just making the money, because I think if you
Speaker 6: get anything just to make money, you'll feel we start
Speaker 6: that way, you know, everybody starts away, but you got
Speaker 6: I think you got to get passionate about really diving
Speaker 6: into like you when I was talking to you, like
Speaker 6: really diving into these companies.
Speaker 5: And what everybody wants to hear is, man, how you.
Speaker 6: Made fifty thousand a day? You made whatever today? Yeah,
Speaker 6: but how did I get it? How did I know
Speaker 6: to make that decision? And that's where the studying comes from,
Speaker 6: That's where the time comes from. And so if you're
Speaker 6: looking to get into force anything else for that matter,
Speaker 6: you're just trying to get rich, I would say, get
Speaker 6: excited about the education and the knowledge, because that's what's
Speaker 6: going to bring you to money.
Speaker 3: Yeah.
Speaker 1: I think that was one of the best things in
Speaker 1: during our comms it was like a two hour conversation,
Speaker 1: but it was like your knowledge was like, Yo, thank
Speaker 1: you for teaching me this. Now I got to go
Speaker 1: do the work. And then true trust and fashion you
Speaker 1: ran to play. Yeah, you ran to play. And so
Speaker 1: that's empowering. And I know one of your goals for
Speaker 1: the past couple of years is like, Yo, I want
Speaker 1: to create more people that are making these type of
Speaker 1: decisions and actually running plays. And so I know you
Speaker 1: said you want to create a one hundred chairmen and
Speaker 1: how many six figures?
Speaker 5: Yeah, and six figure traders, yeah, one hundred, one hundred.
Speaker 3: One hundred hundred. Yeah, talk about that.
Speaker 2: Yeah.
Speaker 6: You know, for me, it's it's uh, it's it's I
Speaker 6: think you got to have an environment where people really
Speaker 6: believe things can happen for them. And so that's what
Speaker 6: we've been able to create, you know, with our company,
Speaker 6: and we gotta we got a simple, you know platform
Speaker 6: that teaches people the skill set. I'm personally really passionate
Speaker 6: about teaching people about leadership because I think you you know,
Speaker 6: leadership sets the tone for everything, you know, in every company,
Speaker 6: every country, as we just saw here in America, there's
Speaker 6: a lot of things that you know, just leadership is
Speaker 6: really important. So I teach people a lot about that.
Speaker 6: I'm working on like an ebook that come out for
Speaker 6: that as well. So people have really been able to
Speaker 6: learn the stuff that I've learned because I learned it.
Speaker 6: It wasn't I didn't come in as a leader, But
Speaker 6: it's teaching you know, people the right things because what
Speaker 6: a lot of times what people don't understand what leadership
Speaker 6: is that you can be. You have good leaders and
Speaker 6: bad leaders. And I'm not saying poor leaders, but like
Speaker 6: you know, Hitler was a great leader, he was a
Speaker 6: bad person, and so you've got to learned the right
Speaker 6: skill sets, but you've also got to make sure you
Speaker 6: got the right principles to go with it. And so
Speaker 6: teaching people those things. And then as we're getting the money,
Speaker 6: I'm really you know, I stayed down for a long time.
Speaker 6: Like a lot of things I'm doing now I could
Speaker 6: have did a long time ago real, but I really
Speaker 6: couldn't afford it, though, I like I could have from
Speaker 6: the money I was making. But I remember I talked
Speaker 6: to my financial a Virs, and we was just talking
Speaker 6: about this Rolex and she was like, you can't afford it,
Speaker 6: And at the time, I was making like thirty some thousands.
Speaker 5: I canna afford it. It's only twenty two thousand.
Speaker 3: We got this conversation the other day.
Speaker 5: It was like, no you can't. I'm like, I can't.
Speaker 6: She's like, no, you can't, and then she started breaking
Speaker 6: it down and telling me why. I was like, man,
Speaker 6: I needed somebody in my ear like this before. And
Speaker 6: then when I did it, I felt great about it.
Speaker 6: I was like, man, Okay, now I really I really
Speaker 6: could have did it because now it's easy for me
Speaker 6: to be able to do and so I think that's
Speaker 6: the thing we got to start teaching people. It's like, yeah,
Speaker 6: there's a time and place to do stuff, and you
Speaker 6: know a lot of the flash and all that stuff,
Speaker 6: that stuff ain't going anywhere. But you know, like I
Speaker 6: was talking to somebody early, I was like, man, how
Speaker 6: many of y'all spent three thousand, four thousand hours on
Speaker 6: something last year?
Speaker 5: And everybody raised the hand. I'm like, if you would
Speaker 5: have knew.
Speaker 6: That, if you would have put that three that four
Speaker 6: thousand into bitcoin, it could have turned to forty. So
Speaker 6: now what you didn't realize is that the outfit that
Speaker 6: you bought that cost forty four thousand. It didn't really
Speaker 6: cost you four thousand. It really cost you forty because
Speaker 6: you missed out on that growth that you.
Speaker 3: Opportunity, growth potential on.
Speaker 6: Yeah, and so that's the thing if we start understanding
Speaker 6: that as a group and the people like I. My
Speaker 6: first four x account I took, it was a two
Speaker 6: hundred dollars account. In the two and a half weeks,
Speaker 6: I grew up to three thousand, and at the time,
Speaker 6: my friend I was really big into video games. I
Speaker 6: don't know if y'all play video games. I'm on video
Speaker 6: games though, Like Madden, I listen, I was a beast.
Speaker 3: No, no, I was not NBA Live.
Speaker 5: Okay, okay, NBA Like, yeah, that was cold too.
Speaker 3: But Madden matt All was top thousand. I got to
Speaker 3: a top thousand.
Speaker 6: Okay, strong, but like, you know what you got to
Speaker 6: go to to get to the elite level a year?
Speaker 1: Yeah, yeah, and that's why I stopped playing. Yeah, No,
Speaker 1: I couldn't be leading anymore.
Speaker 6: I got rid of my Xbox and my friend was like, bro,
Speaker 6: you can afford the Xbox.
Speaker 5: I'm like, you know, you don't understand.
Speaker 6: It's not about the two hundred dollars that it costs
Speaker 6: three hundred dollars at the cost is.
Speaker 5: What it could have been if it was in my
Speaker 5: investment account.
Speaker 6: And I think if we start getting people on that now,
Speaker 6: like I ain't gonna lie I bought a controller, you
Speaker 6: know what I'm saying. So so I go to my friends,
Speaker 6: I got a controller. But I was like, man, I
Speaker 6: gotta I gotta really start teaching people to stuff. But
Speaker 6: I had to be the example of it in my
Speaker 6: own life. And so now my groups starts seeing like
Speaker 6: people that work with me, people in my business, they say, man,
Speaker 6: Justin could have really did this a long time ago,
Speaker 6: but he waited. Now makes you feel uncomfortable doing something early,
Speaker 6: like the stuff my mentor has done, Like it was
Speaker 6: I was telling y'all like man, he' said million dollar
Speaker 6: day and stuff. I'm like, man, this is crazy, Like
Speaker 6: how can I even brag by the stuff I'm doing
Speaker 6: when you know what I'm saying, like you chilling with levels?
Speaker 6: It's levels, And that's what I think. We got to
Speaker 6: keep getting people around Like I'm looking at your investments like, okay, yeah,
Speaker 6: we got to keep doing this, but it's not me.
Speaker 6: But but think about it, what did this conversations used
Speaker 6: to be like, oh, let me look at your fitt
Speaker 6: Oh man, you got Jay's, I gotta go get those.
Speaker 6: What if we made those conversations where it's like, man,
Speaker 6: your investment account and I gotta get that. Man a knowledge,
Speaker 6: I got to go get that, and that becomes the
Speaker 6: thing that's cool and that's popular. I believe, entrepreneurs, investors,
Speaker 6: we're gonna be the people over the next few years
Speaker 6: getting the shoe deals, getting the endorsements, because that's where
Speaker 6: everything is really going. We have a platform where, you know,
Speaker 6: that's trying to be funny.
Speaker 5: You don't have to be.
Speaker 3: An athlete, rapper, athlete.
Speaker 6: You know, and really like even the clothing line came
Speaker 6: from living in Atlanta being I'm six five and you
Speaker 6: got a nice car.
Speaker 5: That's the first thing people ask, Hey, man, you play ball? No,
Speaker 5: you rap? No, what do you do? And they're thinking
Speaker 5: sell drugs? That's us.
Speaker 6: I'm like, no, But you know, there's people that don't
Speaker 6: look like me, and if they have a nice car,
Speaker 6: that's not what the first.
Speaker 5: Thing they think.
Speaker 6: And I think one of the things that we got
Speaker 6: to do and we're doing, is changing the stereotype of
Speaker 6: what successful's like in our community and that you can
Speaker 6: be an investor, you can be smart, and you can
Speaker 6: still have a hoodie and some jeans. But you you
Speaker 6: got this and that's the piece nobody can ever take
Speaker 6: away from us.
Speaker 2: That's a fact. That's a fact. So what's up? What's
Speaker 2: next for you? We're showing your vision board for twenty
Speaker 2: twenty one. What projects are you working on? Yeah, talk
Speaker 2: about that.
Speaker 5: Yeah, a couple of things. Bro, I got you know,
Speaker 5: I got the clothing line me and mister two weeks
Speaker 5: out I think.
Speaker 3: I love my God.
Speaker 6: So we're grown the entrepreneurship clothing line and so we're
Speaker 6: investing a lot into that. Actually just invested into some
Speaker 6: medical transportation companies. So but probably by the time this
Speaker 6: is out, you know, I have that that'll be like public.
Speaker 5: So you know what I'm saying, say so that that's
Speaker 5: gonna be uh, that's gonna be dope.
Speaker 6: And uh yeah, now I'm gonna get more into like
Speaker 6: I'm not I don't of course is not really gonna
Speaker 6: be my thing, but like, I got a leadership playbook
Speaker 6: that's gonna be coming out because everything's like roun to play.
Speaker 5: I got a leadership playbook that's gonna be coming out
Speaker 5: just teach people.
Speaker 6: It's a lot of things I learned, and like building businesses,
Speaker 6: working with people, communicating with people, because that's that's a
Speaker 6: skill that's that's necessary, you know, because I've seen people
Speaker 6: that had great talent, but they were terrible with people
Speaker 6: and they still fail. And so it's helping people become
Speaker 6: better with communication, better with leadership.
Speaker 5: And so I've got a whole, a whole.
Speaker 6: Line up of things that are coming out and then
Speaker 6: just just grown this investment portfolio.
Speaker 2: Bro that said shot out to the circle of CEOs,
Speaker 2: want to talk about that?
Speaker 5: Yeah?
Speaker 6: Man, you know, it was organic, you know, I think
Speaker 6: that's the thing that was best about it. Nobody was
Speaker 6: trying to come together. It wasn't even a thing that
Speaker 6: we were trying to come together and do. It was
Speaker 6: just brothers that was doing well and we're like, hey, man,
Speaker 6: let's meet every week and let's just brainstorm sheer ideas.
Speaker 5: And it just became something that was really cool.
Speaker 6: And so now we got a circle of CEOs that
Speaker 6: literally totally different lines of business, Like nobody does the
Speaker 6: same thing, but everybody's went in their own right, but
Speaker 6: we had the same heart for people and that was
Speaker 6: helping them and pouring into the community giving back, but
Speaker 6: not just being examples in business. We want to be
Speaker 6: examples when it comes to being a great father and
Speaker 6: the great you know, significant other or whatever the case
Speaker 6: may be.
Speaker 5: It's just it's just making sure that we become a
Speaker 5: leader on all levels.
Speaker 6: So yeah, we're looking to you know, grow the circle
Speaker 6: and get better every single year and.
Speaker 5: Continuing impact the community.
Speaker 1: The circles accepting applications and they all come with leather jacket.
Speaker 3: They come with a leather jacket.
Speaker 6: Listen, I get y'all leather jack worked that I had
Speaker 6: a close friend and made it. Shout out to authentic
Speaker 6: Martians they made.
Speaker 5: That was a nice y'all. Yeah, y'all got y'all that dope.
Speaker 3: Man.
Speaker 2: Yeah, Well, thank you for joining us, bro. I appreciate it.
Speaker 6: I appreciate y'all having me for I don't take anybody
Speaker 6: sharing their platform lightly and just I'm proud.
Speaker 5: Of what you all have been able to do for
Speaker 5: a lot of people.
Speaker 2: Thank you.
Speaker 5: You guys are superstars.
Speaker 6: Congratulations on everything that's gonna come for you all because
Speaker 6: y'all have put a lot of good seed out there
Speaker 6: and it's even people behind the scenes that a lot
Speaker 6: of people don't know. But it's like, man, the kind
Speaker 6: of a good seed that y'all have put out there,
Speaker 6: it's already started to come back. But I don't even
Speaker 6: think you guys are really even reaped what there is
Speaker 6: the so for what you all have done for a
Speaker 6: lot of people. Man, So I just want to say,
Speaker 6: appreciate y'all.
Speaker 2: Thank you, appreciate that. Appreciate that Troy Housekeeping items.
Speaker 1: Shout out to everybody on Patreon dot com. Y'all noticed
Speaker 1: our Proud to Pay program. Obviously the top tier Tier five.
Speaker 1: Y'all have access to ey L University, the number one
Speaker 1: school for business, entrepreneurism and anything related to finance. So
Speaker 1: shout out to all our earners that's a part of that,
Speaker 1: and shout out to everybody that's supporting the merch it
Speaker 1: continues to grow. And again, thank you for your patience
Speaker 1: with that. We greatly appreciate it.
Speaker 2: Yes, thank you guys for rocking with us. We'll see
Speaker 2: you next week. Peace.
Speaker 4: My graduates from my school being forced back drop drop
Speaker 4: Mike drop, back drop drop