How To Make It This Cycle | 1000x Live
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I think that there's a ton of opportunities suddenly that I haven't seen in over a year sort of cropping up in these little pockets of the market. I've been super bearish altcoins versus Bitcoin, and I've I've allocated accordingly, but now I think that's changing. Like, it's this is the time to lock in. It's not an accident that I've slicked back my hair and dressed like Steven Seagal today. Like, I'm I'm focused and paying attention. And I think that You
locked it away, man. Okay. You know what, guys? I'm
I'm getting excited. I'm trying to make a point here. Screw it if
my momentum is Alright, guys. How many listeners of the a 1000x podcast do we have in the audience? Let's go. Alright. So if you're listening to the 1000x, you know that this is all financial advice. You should be listening to what we say on stage and make investment decisions based off it. Right? Is that right, guys? That
is, absolutely 100% wrong. If you ever listen to anything that comes out of our mouths, you will lose money. That is a guarantee. Alright. Cool.
So that's the that's the that's the goal of today. We're gonna try to make, everyone lose as much money as possible. I actually wanna why don't we start actually We're gonna end up definitely talking about meme coins. I know we were joking about, the last time we did this live panel at Digital Asset Summit, we talked about meme coins because that's all that was going on in March. Then they died and here we are and it's back again. But before we get into the degeneracy, I wanna actually get your guys' take on the general macro environment. So over the course of the last couple days, we've seen,
I think we are on the eve, sort of the the doorstep of a major asset rally. I am conviction long risk assets, especially crypto, because I think that this smells a lot like let's call it a smaller version of what the governments of the world did during COVID. I think that once you see people start to step on the gas and make monetary conditions easier and more liquid and start to, you know, cut rates and make things, more friendly to investors, usually you get this kind of, this sort of, like, weird in between time where things are supposed to take off, but they're not, and that's your chance
I'm I'm a little bit more tempered than you, Jonah. I think that we're definitely in an environment where things like equities can do extremely well, right, based on everything everything that Jonah said. But we're here because we're talking about crypto. And the reason I'm a little bit more tempered is because I think that it hinges a tremendous amount on the outcome of this election. If Trump gets elected, then obviously everything that we've been talking about for a long time starts to come true. Regulation starts to be a lot more clear. Interest in Bitcoin probably goes up based on the way
I would be curious. I I heard 2 things there. So there is this idea of potentially a recession. I haven't heard the recession bull asset thesis, which I find very interesting. And then there's the outcome of the election. And I feel like there's been an enormous amount of airtime that's been dedicated to this. And here, like, to inject a little bit of my own opinion and maybe push back a little bit, Avi, is I don't know. It it's so it seems so consensus that if Trump wins, then that we're going to Valhalla. And if Kamala wins, you know, it's like nuclear Armageddon and, you know, winter is com
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