12 July 2025
Crypto Week Kickoff: Predictions, Protections, and Profits (Ep. 119) - E119
In this inaugural crypto-focused episode, Joe is joined by co-host Marissa Lee to delve into the world of cryptocurrencies. Despite some initial technical hiccups, the duo embarks on a lively discussion about the current state of the crypto market, with Marissa sharing insights and predictions. She highlights the potential of a $5 trillion market cap, advises on strategic selling points, and emphasizes the importance of patience and diversification in crypto investments. The conversation also touches on the influence of political figures on crypto trends and the role of AI in shaping future market dynamics.
Listeners are treated to a candid discussion about the risks and rewards of crypto trading, including personal anecdotes about scams and the importance of cautious investment strategies. Marissa offers her take on promising coins like Origin Trail and Algorand, while advising caution with meme coins and overhyped projects. The episode wraps up with a reminder to stay informed and patient as the crypto market evolves, and a teaser for upcoming shows and announcements.
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Special thanks to:
Executive Producer Wayne Rankin
Executive Producer Rosanna Rankin
Executive Producer Carolina Jimenez
Executive Producer Marisa Lee
Producer Angela Wetuski
Sponsored by:
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(01:32) Introduction to the Inaugural Crypto Show
(04:19) Housekeeping and Show Details
(06:48) Cryptocurrency Predictions and Market Trends
(13:54) AI and Cryptocurrency: The Future
(21:35) Cryptocurrencies to Avoid
(25:31) Recommended Cryptocurrencies for Beginners
(34:33) Avoiding Scams in the Crypto Market
(42:38) Future of the Crypto Market
(50:33) Closing Remarks and Announcements
- Wayne Rankin
- Rosanna Rankin
- Carolina Jimenez
[00:00:59]
Unknown:
Alrighty folks. This is Joe Roos and we are coming to you live from the Asylum Studios, broadcasting from the pimple on the backside of Texas, the beautiful city of Eagle Pass, and bringing you the best quality talk radio we could muster without all the bluster. This is your Joe Russo. Folks, sorry about the little delay there. We had a system crash two seconds before we got started, so I apologize for the little delay. But welcome to the show. It is exciting to have you guys here on this very special inaugural crypto show with our cohost for the day, Marissa Lee, who is already here with us, which is fantastic. When we get into the, after the housekeeping, when we start our segment on cryptocurrencies, I have some special intro music for you.
Awesome. Welcome aboard. Thanks for having me. Alright, folks. So we got a lot of ground to cover today. We're gonna try to keep this to an hour because I know Marissa has things to do. I have some things to do. We don't normally do, 11:00 in the morning show here with the Joe Russo. Normally, we're at 07:00 central time start PM weeknights. But, we have something very, very important taking place this week, and that is Crypto Week. So we wanted to get on on here. And primarily, my motivation here was is that, Marissa came on the show about four or five days ago, and she made some, some predictions.
And she also gave some advice and some counsel on some things to, to check out, and I did. And I am extremely pleased because I made some money,
[00:02:51] Unknown:
and I appreciate that. That's great. Making money is always a good thing. Don't you think? Yes. Yes. Yes. It really is. You know, it just brings you that peace of mind. Just a pinch. Where you don't have to worry about stuff and yeah. So Relieve some anxiety. Yeah.
[00:03:08] Unknown:
So I have my coffee here. I got my seventeen seventy five coffee. We're good to go with that. Didn't spike it this morning as much as I wanted to and needed to because, of course, you know, getting ready to do this, the system crashes, and then my neighbor decides he's gonna go out there and start cutting his grass and using his leaf blower and all that mess. And even though even though things are soundproofed here, it freaks the dogs out. So they start barking like crazy. So I had to go out there and ask him, could you do me a favor? Give me, like, an hour.
[00:03:35] Unknown:
Yeah. Yeah. Yeah. No. Listen, I totally understand. And it always
[00:03:38] Unknown:
happens right before you're about to go low. Oh, yeah. Always. So I It never fails. Yeah. Never fails. It doesn't happen beforehand where you could handle it. It's just always right when you're ready. So Especially when, like, I got I got up early this morning, and I did a test run with all this stuff, because this is the first time we have a co host on the show. And, first time we're doing a segment like this, and I wanted to make sure everything was gonna work. So I did a Yeah. I did a dry run. I had a friend of mine check-in, pretend to be you, go through the whole thing with me, and it was no problems.
No problems at all. And then all of a sudden, I clicked the go live button and it says, unable to connect, room not found. Oh my good night. What happened? Yeah. Yeah. So, but that's it. So let me do some really quick housekeeping and then we'll get into, into, the discussion about cryptocurrencies. Alright. So folks, so again, this is the Joe Russo. Thank you very much for being with us here on this beautiful overcast Saturday morning here in in, the bowels of Southwest Texas. It is a, probably, what is it? 72 degrees right now at, 11:08AM central time. Or actually, you know, governor Abbott, our our our wonderful governor, has, on his desk to sign a, some legislation by the Texas State Senate to separate us from the time changes, and Texas will no longer take place in that. And now, we'll be able to say it is 11:00 Texas time. There is no more central time for us. It is Texas time. We are slowly but surely becoming this beautiful independent state. So we will be there very very soon, so get yourselves ready for that. Alright folks, so before we get started, just head over to our website, joeroos.com.
That's joeroos.com, and, open up that little web form that we have up there in the contact section. Send us over any questions, comments, cares, concerns that you might have, any suggestions, any ideas for for guests, any ideas for topics and segments, let us know. We need to hear from you. We wanna know what it is that you're thinking. Also, don't forget that this is a value for value show. Any donations that you can make to help keep us thing going are greatly greatly appreciated. You can check out our support page for all the information on that, including all of the, producer tiers that we have and the little benefits and perks that come with those things. And then also, don't forget that we also are doing, our weeknight show, 7PM central time. It's a two hour show mostly, usually, hopefully. Trying to keep it a little less than that. Doesn't always happen that way, but it it comes around.
So that's, weeknights at 7PM right here on Rumble. And of course, we stream across face well, we're not doing Facebook live yet for some reason. I played my settings on Facebook, and I cannot get it to to, unhide all of my posts, so I have to go in there afterwards and manually change everything. But, we're on Facebook, we're on Twitter or X, Twitch, and, and locals, we are going to be putting things behind a paywall very, very soon. So, keep that in mind. Alright. So future episodes of this show, particular show, the crypto show, might be behind a paywall. So keep that in mind. If you wanna get in on that, we'll let you know when it's time. Alright. Now, with all of that said, let's see. Where did I queue up your music? Here it is.
So
[00:06:57] Unknown:
we have with us I love it. I love it.
[00:07:01] Unknown:
Marissa. Alright. So this is all your segment here now. We're gonna, I'm actually gonna turn the camera off on myself when you start going here. And Oh. You are going to, lead us down a path of predictions and discussion of cryptos. But we do have some questions
[00:07:17] Unknown:
that we're gonna get to. We've got some questions here. So okay. So first, let me go over a little bit what's changed since you and I have spoken last. You know, I one of the things I said I think it was Monday we did our podcast, that the bull run is coming. Yes. And the market just went a little bit crazy in a good way. We just had some money go into the market, and things started to spike up. Now we're kind of at this stagnant level, and I'm getting a little bit nervous. I'll be honest. I do still believe that the market's gonna hit $5,000,000,000,000. Okay?
It might go down a little bit before we hit that point. Nothing ever goes straight up. Right? It's kinda like the market will go up, and then it'll go down, and then it'll go up. So we're we're at this building point where it's like peaks and valleys here where it'll go up a little bit, and then it's gonna start to go down a little bit, and then it's gonna go way up again. So we just need to be a little bit patient. I do believe that this is the start of something really good. CryptoWeek starts in two days, July 14, where the house of representatives and the senate are voting on all kinds of stuff, and there's gonna be crypto talk everywhere.
So Cindy is here, and she just asked let's see. Hi, Joe and Marissa. We've had a lot of shoot. That just went down. Okay. I'm hearing that we need to sell partial along the way. And when total market cap hits $5,000,000,000,000, not when we hit the price target. $5,000,000,000,000 is what we need to look for. Okay? Right now, the market cap is, like, $3,620,000,000,000. Okay. So we just had a nice little spike up, but there's a ways to go. And I do feel like we're gonna hit that fairly soon. It just might not be tomorrow. It might not be in the next week. It might take two weeks. It might take three weeks. But I feel like it's right around the corner. So, just be patient. Yes. I do feel $5,000,000,000,000 is the height of this. So even if let's let's say we wake up tomorrow and it's $5,000,000,000,000, that is when you wanna sell some of your crypto or convert it to a stable coin to retain the value. Otherwise, the market's just gonna dip after that and poof all that money is gone. So it's like you might as well do you gotta make you gotta make a move in order to make some money right now. So you just have to pay attention. And when we hit that $5,000,000,000,000 mark, that is when you kinda wanna start saying, okay.
What can I convert into a stable coin and and, you know, kinda just go from there?
[00:09:52] Unknown:
Alright. Was that Pocketful has this question? Marissa, well s well, SEI reach $3 in July?
[00:10:03] Unknown:
Short term price predictions. Everybody's asking me for that, and I understand why. Generally, what I do when I make a prediction is it's kind of like a year long prediction where me a chance to gives the market a chance to kinda catch up with it. You know, to say a crypto's gonna hit a certain price point in a month time, can be a little bit difficult. I feel like that's gonna be a little bit of a stretch for July. Let me let me run a little let me see what I can do here. Let me run some cards on this. Alright. You say you're gonna hit $3 in July.
I've got a lot of it too, so I I know why you're asking. Let's see here. I think it's gonna come close. If not July, maybe August where it's gonna shoot up, you know, significantly. So is it gonna hit $3? I'm a little I'm a little bit hesitant to say yes. I am getting a good feeling about it, but I'm just a little hesitant to to say yes on that so quickly because it's where is it at today? I think it's at, like, 20 some cents, 30¢. Let me see if I can get that for you. Yeah. It's at, like, 30¢ or something like that. 33¢ is what I looked at it last night. Yeah. 31. Okay. I feel like $3 is a big jump for two weeks.
Is it possible? Yes. Is it likely? No. But I do think that we're gonna see a big jump and say very soon. When we hit that $5,000,000,000,000 mark, it's not gonna take much for for this to shoot up significantly. So when money starts going into altcoins, that's when we're gonna see big money coming our way. Right now, it the money's going into Bitcoin, Ethereum, XRP, Cardano. Yeah. And I I hate talking about politics because I feel like it creates so much division, but I have to address this. Donald Trump has been, putting on his true social. Like, here's the crypto buy list or whatever it was he says. I I don't remember exactly what he said, but he said he's making, like, a Bitcoin reserve or something like that, and and they're putting these cryptos in there. And it was, like, XRP, Bitcoin, Ethereum, Cardano.
I think there was one more. I can't I can't remember offhand, but those are the the coins that just ran. Okay? So when you look at what's been put in the market and you look at what coins are running right now, it's those coins. So to me, this spike up has to do with him, and it has to do with going into crypto week. So it is a little bit political in that sense. So I am expecting a little bit of a downspike coming up here and then a huge spike up. So just be patient. She says four or five by the end of the year. I'm gonna go three now.
[00:12:54] Unknown:
Didn't I just answer this one? Yeah. You did. I'm just highlighting questions as they're coming in, as I'm seeing them. Oh, okay. So okay. Yeah. Because as you're talking, I'm monitoring the live chat, and I'm also I'm also looking for comments in the comment section. So I'm I'm multitasking here.
[00:13:08] Unknown:
Right. Right. So, yeah, I do I do believe 4 to $5 with Say, by the end of the year or very close to that. So, yes, say is a layer one blockchain, and I'm telling you those layer one blockchains are powerful. They are going to get some serious money put into them this year, and it is gonna be really, really, really fun. There's a lot of money to be made with these. So Alright. So They're they're great firm investments, in my opinion, not financial advice.
[00:13:36] Unknown:
Yes. That's very I would yeah. We have to make sure that we understand that that it this is opinion. This is we're not trained professional licensed financial advisors here. We're giving you what we see in trends. And speaking of trends, what's the biggest trend that you see right now and, that's got you excited?
[00:13:55] Unknown:
I everything is going AI, AI, AI. You know, you you do some graphics for your show, and it's AI. You wanna write a letter that sounds good. People throw it into AI. I have a friend. She's so funny. She actually is a tarot card reader too talented. She calls, chat g p t her boyfriend, because he helps her with everything. So, I I mean, we're using AI in so many different things. You know, there's AI in cars. There's AI in our phones. There's AI in your computers. That's right. I'm actually kinda glad that I got out of the out of the web development. Now people are using AI to create websites. They don't even need web web developers anymore, and I'm like, got out of that just in time. I mean, I still do it a little bit here and there, but, I've kinda gotten away from it. So, AI is gonna be big on the block. I'm really excited about that. But, you know, with AI though too comes problems.
There's a there gonna be problems that come up with AI. You know? I mean, you you see some AI videos, and you don't even know if it's real or not now. So and that's just gonna get worse. So there does need to be limitations, but it's gonna take a while for laws to catch up with that. Yeah. That's true. Actually, the the guest we had on the show last night talked about,
[00:15:05] Unknown:
what was it? Inflationary blackmail, which is using AI to take you and put you in some very compromising situations that's very very difficult for you to prove that it wasn't, and it take it'll take a long time to, to actually fix that and and correct that correct the record. But by the time that happens, the reputation is damaged, all that stuff is damaged, and, you know, your name is forever connected with whatever it was that supposedly you were part of according to AI. But, yeah, I know AI is gonna be a, an issue when it when it comes to especially, markets and fluctuating markets and setting prices. It's gonna be very very hard to figure out what the legitimate price range is or which one is gonna be the deep fake. If I can Right. If I can borrow that phrase for a moment. The, flashing lights are driving me crazy. I gotta set them off. So, if you had to pick a few under the radar coins to keep on keep an eye on, which ones would you say that are worth watching right now?
[00:16:02] Unknown:
Origin Trail. I really like Origin Trail. They have a whole bunch of different AI projects that they wanna be a part of. Like, they're doing some science stuff. They're doing some health stuff. They're doing some logistics stuff. They're in, like, every single industry. It just hasn't taken off yet. So OriginTrail, and the letters on that are track, t r a c, and they're really undervalued right now. I feel like that is gonna be a really good one to have in your portfolio. But when I say that, though, I have to be very careful with what I say because something's gonna be really big in the future. People will go and they'll put thousands of dollars into a crypto and offer a while, and then they'll get mad at me. So this is one of those things where you wanna have a little bit in you know? Let's say that you have a thousand dollar portfolio. Okay? This is just an example.
I would have a $100 worth of origin trail in there. Just a little bit. You know? You don't up your whole portfolio. You don't wanna go too big on that. But you do definitely wanna have, you know, just a little bit so that way when it makes a run, you're like, yes. And, of course, you know, no matter what you do, you're always gonna say when something runs, I wish I had more. You know, I that about XRP. I wish I had more, and I had quite a bit of XRP. So but nobody really ever has enough. Right? It's like so I I really like OriginTrail.
I'm looking at some list of cryptos right here.
[00:17:24] Unknown:
Well, we have we have a track up there right now that you were talking about. I don't know if you see Oh. Do you see the screen share? Yes. I do. Okay. I do. Right. And so it dipped, and I'm, like, 32¢.
[00:17:35] Unknown:
So if we look at the market cap, it's a 163,000,000, which is super low. What's the circulating supply? Is that Did I pass Scroll up a little scroll up just a a little bit. What's the circulating supply on that? I need my glasses now.
[00:17:52] Unknown:
Is, $499,000,005.46 $9.56.
[00:17:57] Unknown:
Okay. Good. So we're at about 500,000,000 on that. So it's not even a billion coins. So it's not gonna take much money for this to run, and there is some significant projects behind Origin Trail that I really, really like that I think are gonna take off well. So this is this is, one of those cryptos that are definitely under the radar that I love. And, I have it in my portfolio for sure. And, actually, you know, I stopped buying crypto during this little spike up, this bull run. This is I feel like this is more like the beginning of the bull run. I stopped buying everything, but I bought more OriginTrail. Because I I look I kinda look at my portfolio and I say, okay. What's down? What's not running? And if I decide to put more money into the market, I buy the cryptos that are down and not running. I don't buy the stuff that's spiking up. Like, XRP has been spiking up lately.
And I also try to stay away from meme meme coins. I know a lot of people love meme coins, but, yeah, I I I feel like there's not they're they're gonna fade out. You know? They'll have a little run here and there, and then they're gonna fade out. They're not good long term investments. And when I make investments, I like making long term investments, not just like, oh, what's gonna run over the next month? What's gonna run over the next three months? Of course, we all, you know, want that, but I I try to do, like, more long term investing because I don't really withdraw. If you're wanting some track, look, pie two, another call of yours. I even got a 100 of Peppy.
Yeah. Peppy is a meme coin. I'm you know, I know I did a review on that, and I did that, you know, based on request. So I'm not really big on Peppy. I don't really have much of it, but I do have it in my portfolio just to kinda watch it. And I I think it just went up a little bit recently. So I guess if you're gonna have a meme coin, Peppy is is okay. It's let's see. What coins do you see having a big run-in July? You said render on your TikTok. How high do you see this going this month? Okay. So, what we're waiting for is we're waiting for a bigger spike in the market. Now the bold one kinda just I felt like it started. I really did. But I also feel like there's something a little stagnant about this where it might go down just a little bit, and then there's gonna be a big spike up. And I don't know if that's gonna happen, right away. I don't know if it's gonna happen this week. I don't know if it's gonna happen, like, the August.
So when we talk about price points in July, we it I I kinda look at it, like, more like the bull run. What are the price of these cryptos going to be during the bull run? And, again, short term predictions are kind of a hit or a miss. I believe I made a video on TikTok with Render saying Render was gonna be, like, in the $20 range for the bull run, and I still feel confident about that. I know a lot of people have asked me about it because I push Render a lot. Render is a great AI coin, and I do feel like we're gonna be in that $20 range. Although it's got a ways to go, so it makes me a little bit nervous. But Altcoins haven't really run yet. Like I said, we've only kinda seen some of the top dogs run so far. A little bit in the Alt coins. Nothing crazy, but we're seeing signs of hope. We're seeing signs of life. Like, the crypto market is up.
And, you know, here's the thing. The markets are not gonna run the way that they have in the past. So if you're new to crypto investing, you're not even gonna know about what happened in the past. But if you've been, like, a long time crypto investor, you're gonna start seeing things, that you haven't ever seen, and it's gonna be wonderful. It's gonna be, like, big spikes up and then down a little bit and then more spikes up, and it's gonna happen more often. So this is really, like, the beginning of the awakening period for crypto in The United States. I'll say that. It's the feel that I'm getting. So
[00:21:27] Unknown:
Alright. So, are there any cryptocurrencies or projects that you'd steer clear of right now? Like, which ones are raising the red flags for you?
[00:21:36] Unknown:
Let's see here. There are a few. I'm looking at a list here. I'm not big on Shiba. I used to be a big holder, and it's been so disappointing. I do think it'll it'll go up. Just because I I say I don't like it doesn't mean that it's not gonna go up. I do think it's gonna go up a little bit, but I I feel like I've kinda given up on the penny, hope there where Shiba's gonna hit a penny and then we're all gonna have millions of dollars. I don't think that's gonna happen, at least not anytime soon. I think it's gonna die out. I think we're gonna have, like, another year or two with Shiba, and then it's gonna die out. Let's see here.
Not big in Polygon. It's so disappointing. I do think it's gonna have another run. I do think it'll probably hit $2. Maybe this year, actually, but I'm just I'm I'm over Polygon. I feel like something's not right there. Let's see here. Filecoin. Ugh. No. Thank you. This is so disappointing. This is one of the most disappointing cryptos I've ever seen. I I mean, I had Filecoin when it was it was running pretty high. I mean, it it was, like, somewhere in the $70 range, and now it's, like, $2.51. And it's been like that forever. And yeah.
Again, though, we're during this bull run, and we're gonna have a lot more money in the market. Filecoin is gonna go up even though I could say I don't like it. Yeah. White Rock, I'm not big on White Rock either. I just did a review on that one. Oh, and Onyx Coin, I'd stay out of Onyx Coin. I don't like Onyx Coin. Let's see.
[00:23:20] Unknown:
You're pulling questions off TikTok?
[00:23:23] Unknown:
No. I'm look I'm sorry. I'm looking at list of cryptos right now to kinda stay away from. So I'm just kinda going through coinmarketcap.com. I know a lot of people like Jasmine. I'm not, like, the craziest fan of it. Let's see here. What else? Alright. We can we can go on too. Yeah. I'm not being on White Rock like you pinned up there. That's a newer one. And, you know, hey. Listen. My my opinion on White Rock could change. It's it's a newer crypto, and everybody's talking about it. So sometimes, you know, things start out a little bit rocky and then things change. Right now, I'm feeling so good about White Rock. So, I don't personally hold it.
Let's see what else. I mean, that's about it for now. I mean, I could sit here and go through a list of crypto and say no. No. No. Yes. Yes. Yes. But I won't bore you. So we can we can
[00:24:21] Unknown:
go on. So for someone new that some of this new to crypto, right, what what's one coin or one project that you would recommend that they would just go all in on, get a feel for the market?
[00:24:32] Unknown:
I I don't like I don't like recommending cryptos to go all in on because that's dangerous. You wanna be diversified. But I'll I'll say I love Algorand. I think Algorand is gonna do phenomenal long term. It's so undervalued, and they are gearing up to do all kinds of stuff. They just made their network, like, a cross chain network, so that is fun. I didn't even make a video on TikTok about that one yet. They're issuing they're they're releasing their road map for the next year, what their plans are for their blockchain on the fourteenth. So that's in two days. So I think that's gonna go well.
I love Algorand. XRP is solid. It really is. I I feel like that's a great long term investment, in my opinion, not financial advice. I love wanna you wanna stick with the layer one blockchains because those are the that's what runs all the functions of all the cryptos are the blockchains. So it's it's server and then everybody comes to you to use that server. You know? You you Solana's solid.
[00:25:33] Unknown:
Yeah. I just recently gonna oh, go ahead. I'm sorry. I just I just recently purchased some Solana. I re I purchased some XRP. I also got in on some Algo. I forgot what I bought Algo at though. It was it was much lower than what it is now. But, but, so far so good, you know. And like I said, you know, when you first brought those up to my attention, I, you know, I looked at them and I was like, I don't know. Should I? Should I not? And then, I said, you know what? I'm just I did it. I went ahead and did it. And I'm and it's spot on, man. Spot on. So, you know, if you're listening to this and you're you're on the audio stream, or if you're you're watching this and you're just keeping quiet off in the distance someplace, when I'm I tell you I'm telling you, she knows what she's talking about. She's she's good at this stuff, and, you're gonna be really pleased if you may take some make some investments. Again, opinion, commentary,
[00:26:19] Unknown:
not financial advice. Okay. And it's a psychic prediction. Okay? And keep that in mind. So psychic predictions can be accurate or they could be wrong. And I'm not gonna sit here and say, I have a 100% accuracy rate on anything. And any psychic that tells you that is somebody you wanna stay away from Absolutely. That is that has this almighty, this god complex. I've known people in the psychic industry that have become very successful, and they develop a god complex where they're the almighty. I told you to do this. I told you to do that. And it's like, no. Don't ego ego. You know? You you really have to keep that in check. And so don't follow anyone's psychic blindly. If that's any advice that I can give you, and that includes me. Right? Of course. So do your own research on stuff and and, you know, try to make your own decisions.
[00:27:07] Unknown:
This this was posted twice in the in the in the chat here, so I'm not sure if we answered it or not.
[00:27:13] Unknown:
Okay. Once we hit 5,000,000,000,000, how much will you keep $10.25 0? Okay. So I'm in a different probably situation than most people. Everybody has their own unique financial situation. Right? Like, I have a debt that I wanna pay off. So, what I'm probably gonna do is I'm probably gonna convert about 75% of my crypto into a stable coin when we hit $5,000,000,000,000. And I'm still gonna keep 25% in the market. Now that doesn't mean I'm gonna withdraw that other 75%. I'm just gonna kinda wait and see once we hit that $5,000,000,000,000 mark what happens. I'm gonna take some of it, and I'm gonna pay off a big debt. And then the rest of it, I'm going to wait for the market to, you know, kinda dip down, make that dip, that correction, and then I'm gonna buy back in at a lower price. So, that's what I'm personally doing.
If you have if you're, like, more of a long term investment person where it's like, I wanna keep my crypto in the market for a year, or two years, and you're solid on that and you still wanna take advantage of that $5,000,000,000,000 bull run that's coming, I would maybe convert 25% of your portfolio into a stable coin. And then that way, the rest of your crypto is just gonna ride it out, but you get that chance to make a little extra cash in the in the bull run. Because you don't necessarily wanna take big risks, but it does give you the chance to play with a little bit of it. So, whenever I exit a crypto too, unless I'm really, really done with it, I sell, like, 75% of my holdings, and I still keep 25% just in case there's a run-in the future. Right? Right.
That's what I did with Onyx Coin. I got rid of 75% of my holdings when it ran up, and I told everybody to get rid of it. I just to keep a little bit of it. And so it also gives me a chance to watch it in my portfolio to see what it's doing. So it's right in front of my face, and I don't have to constantly look it up and see, okay. Well, where is it at now? I I can see it in my portfolio. I know what I have in it, and I can tell when it goes up and down. So Well, for some folks that might not know, when when you say stablecoin, what are you referring to? Oh, Tether. It's number four on your list right there.
USDT. PayPal also has a stablecoin Yeah. That you could convert it to. USDC is a stable coin where it just doesn't go up or down in value. It's it stays at that dollar range. Sometimes you'll see it fluctuating, like, in the 99¢ range, and sometimes it'll go up to, you know, a dollar or 1. You know? It just it doesn't really fluctuate much, so it kinda stays at the same level.
[00:29:49] Unknown:
Alright. So, obviously, we see a lot of swings in the crypto market. And, I mean, some you get some dramatic swings, like, we had Bitcoin drop all the way down to, and I say all the way, but all the way out to, like, $80 a coin and fly and then it goes right back up again. What do you think is driving the hype around certain coins, and how do you separate the real stuff from the noise?
[00:30:17] Unknown:
Yeah. So the crypto market is a little bit manipulated. I you know, we have to call that what it is. It's the whales that are buying in. A whale is somebody that has billions of dollars, and they throw it into the crypto market and they take it out. They you know what I mean? They do this altogether, and it's like they kinda control the market. Here's the thing, though. Laws have changed where, investment companies can now put their money into the crypto market. And they're buying the big stuff. They're buying the Bitcoins, the Ethereum, the XRP, the Solana, like, the the stuff that is a little bit more stable. They're not doing the altcoins quite yet or at least not as much of them.
So the real money is going into Bitcoin. But so, yeah, as time goes on and more money gets poured into the market, the whales are gonna have less control of it. So
[00:31:05] Unknown:
Here's another question for you. Do you recommend sticking to US based cryptos for the chance of zero taxes or stay diversified with non US based?
[00:31:16] Unknown:
I recommend doing a little bit of both. You know, of course, US based is always gonna be best. Right? Because I do think that we're gonna come to the point of having zero taxes on The US based cryptos. Absolutely. It's not a terrible thing to have a couple of non US based like, I if there's a a project that I'm like, oh my gosh. I really feel like this is gonna make a big run, and it's not US based, I would still have a little bit of it in your portfolio. Right? I don't really purchase crypto based on whether it's US based or not. But, obviously, some of The US projects that are going to that you feel are going to run, you should probably have a little bit more of that versus the non US based ones. Are there any Sometimes it can be hard to tell what's US based and not. You know? Sure. It's that's probably the last thing that I look at,
[00:32:04] Unknown:
when when I'm buying crypto is whether it's US based or not. Honestly, I've never even thought to look to see where it's based out of. I I just I look at the price. I look at the trends. I look at where it's going, where I've seen it come from, and that's where I make my decision off of not exactly where it comes from.
[00:32:18] Unknown:
Right.
[00:32:19] Unknown:
So, are there any specific blockchain innovations or upgrades or anything that's coming up that, you think could make a certain certain certain crypto just kinda stand out from the others?
[00:32:30] Unknown:
Well, it's gonna be functionality, and it's gonna be what are they doing that's different and that we're gonna use in our day to day life. So we're looking for adaption. What is going to adapt to the general public, and how are they going to use that? That is going to make a big difference. I saw I I heard a podcast, and this was a while ago, and you can't quote me verbatim on this. But I remember Stacy Wharton, the CEO of Algorand saying that there was some kind of a project on Algorand that where, you can buy shares of, like, an investment property that's being rented out like an apartment complex, for example, where when people pay rent, then you get, like, a little bit of that. Now I don't don't quote me exactly because I'm just kinda being general about this, but that was kind of the the feel that I got for that. Like, if that is something that goes live, and I don't know if that's live yet or not or what the deal is with that. But if we could get something like that to be a little bit more predominant and put that out to the public, run some TV commercials, do some ads, and I think that that would make Algorand go crazy. You know? It's stuff like that that I feel they're gonna do. We're they're just gonna start popping off projects, and it's gonna be lucrative, and it's gonna adapt worldwide, and it's gonna be awesome. So, it's it's really all about adaption.
[00:33:51] Unknown:
Now, you know, scams and, and rug pulls are always a concern. You know? That that's the main thing. Like, we saw that with, what's her name? The hawk to a girl, you know, the pump and dumps. What advice could you give investors to, to spot or or avoid any type of, like, overhyped projects? And again, this I know this isn't financial advice. We're we're basing this all of all core of course on your intuition on this, on on, on on what the cards are telling you. So which what what advice would would you be able to generate from that to give us the idea of what to avoid, what's risky, what's overhyped, and and how to find that?
[00:34:34] Unknown:
So you wanna buy cryptos that are on the major ex exchanges, like Coinbase, crypto.com. I generally advise people to stay off of Uniswap, and let me tell you why. Because I had that happen to me. Listen to this. Here's a story. I've never told anybody this. I bought a meme coin. I was laying in bed one night. It was 2AM, and I was just kinda going through coinmarketcap.com, and they had, like, this list of what's hot. And there there was a crypto. It was a meme coin, that was released two hours earlier, and it went up 5000%.
And you could only buy it on use Uniswap. And I'm like, you know what? I feel like this is gonna really go up significantly in value. So I I never even used Uniswap before, but I opened up an account, put some Ethereum in there, swapped it for this new meme coin. And I was just having a hard time sleeping that night. So an hour later, I I look at my account. I only bought bucks worth. It was worth, like, $400. And I'm like, oh, nice. So it's pumping. I'm like, I'm gonna throw another $50 in there. So I do that. And, I wake up in the morning, and it's worth, like, $3,000.
And I'm like, oh. So I'm like, alright. You know what? I'm just gonna sell it. Right? So I go to swap it off for Ethereum, and I couldn't. There was it was called a honeypot where, basically, you could buy it, but you couldn't sell it. And like, okay. Well and I'm doing all this research trying to figure out what is going on here. Within, like, a week, I log in to my Uniswap account, and it's worth a $120,000. And I'm like, come on. Help me get rid of this stuff. Right? So and I'm looking online. I'm seeing the honeypot. It's a scam. It's a scam. You can buy it. You can't sell it. That's why it keeps going up, and everybody thinks it's gonna go up. And I'm like, ugh. So I I my intuition was right in the sense that it goes up in value, but I didn't get the the deception aspect of it. I didn't run cards on it either. I just kinda saw something. And this is also too why I don't invest a lot of money in any one crypto, especially in the beginning, in case of something like this. So to avoid that, you know, if you use Coinbase, crypto.com, Kraken, Uphold, you're not gonna run into that to that problem. I would just stay off at Uniswap, and don't shoot for the thousand time gain, you know, so fast. A lot of people shoot, and I feel like you're it's an uphill battle and and very difficult to do and should shoot for that. I think you should try to make 10 times your money in a year and start there instead of going for, you know, the let's get rich quick. Yeah. But what was there any resolution to that, or or is it just gone?
No. I lost my money. Well, you know, here's the thing though. Some people put thousands of dollars into that. And this is this is a testament of why I don't put large sums of money into the market, especially with new cryptos at any given time. I do small amounts. Because in that way, if something doesn't go right, you're not out, you know, thousands of dollars. You know, people will put their life savings in this one meme coin, and I'm like, oh my god. I feel so bad.
[00:37:33] Unknown:
Pocketful is asking what coin was it and said never heard a meme coin go up that high.
[00:37:39] Unknown:
You know, because it's political well, it was, it was called the crypto president Trump meme. And this was right before this was right after the election. And I saw a trend in the market. And I'm oh, you know, maybe I'll maybe I'll buy this and make some money and flip it. Right? Because they're I I jump on any kind of trend. So, yeah, that was a big dis it wasn't associated with him. It wasn't the meme coin that he has on crypto.com. It was some other junk on Uniswap. So
[00:38:13] Unknown:
I forgot he was a I forgot that he has a meme coin.
[00:38:17] Unknown:
Yeah. Which, you know, I I like him for crypto, but I also feel like he he probably shouldn't have done that in my opinion. I I feel like it takes away from, you know, some validity with what he's doing with crypto when he's profiting so much off of it. Is this the one you're talking about? The official Yeah. Yeah. And, you know, it went up significantly during the inauguration when it was first released, and then it tanked. So I'm like Yeah. Well, you see a steady change. I I knew that was gonna happen. I didn't make any TikToks about it. That's why I don't recommend it.
I I just think I really tried to especially after that that meme coin experience that I had, on Uniswap, but I know that wasn't affiliated with him in any way. That was probably somebody, like, in another country just trying to make a ton of money. Just using the name. Yeah. Sure. Yeah. I just kinda stay away from it personally. So
[00:39:11] Unknown:
Yeah. Something like something like that, happened to me too not too long ago. I I I I got involved with this this thing. It's a it's a it was, what was the the the the trading place was, CIT, something like that. So it sounds and seems like it's affiliated with CIT Bank. So you get involved with that thing, and then all of a sudden, you know, you you start putting some money into it, start buying stuff, and, like, I I have a nice little balance in there. Alright? And then, so I say, you know what? I'm I'm I'm starting to get a little spooked. Let me pull this stuff out.
And so I I I go to withdraw the funds, and then I get, a notice from this, trading platform that says, well, you have to pay a tax on it first before you can withdraw it. Okay. Well, how much is this taxed before I withdraw? Well, you have to send us 5,000, you know, $5,000 in Bitcoin. Yeah. Okay. You can keep it. Fine. It's, it's not that much of a loss. I'm not I'm not gonna, you know, I'm not sending you 5,000 in Bitcoin to get just a couple of thousand back out. You know, that's not gonna work. And then, and then I started getting all these messages about, you know, you're gonna be, you know, the International Monetary Fund is gonna come after you. I said, alright. Fine. Let him come after me.
Yeah. You know, people like Well, yeah. They use fear tactics, you know, and there's a lot of that in in financial scams as they use fear tactics to get you to send money. Yeah. Well, thank just thank God it wasn't that much money, but, yeah. No. I'm not I'm not like I said, it was I think I had, like, maybe, like, 3,000 in there or something like that. That's when I started getting spooked, and now all of a sudden to get it out, I gotta pay you 5,000 in a in a tax to get it out. No. Not it. Mhmm. Keep it. It's fine. I'll just I'll what I'll I'd rather pay the stupid tax for falling into that than Yeah. Than pay Right. Right. Than than than have to take out another $5 to give you just yeah. Yeah. No. So that's I think that's that's a lot of things too with crypto. You you gotta be so careful with who you're dealing with and what they're telling you because they're because it is so loosely regulated at the moment, you know, there are so many scams out there. You can really get hurt. I mean, you hear all these horror stories about these these these people that that that dump their entire life savings into this stuff. And then when they try to to cash out on it, it's impossible. Like you, like you couldn't like the honeypot scams, you couldn't get anything out, or then you get things like I dealt with. No, you gotta pay this fee, this fee, this fee, and then we can't verify your account. You have to resend this, you have to send this to prove who you are. And I Nah. Gotta be careful folks. You gotta be really really careful. It's it's This this is not a game, unfortunately. Yeah. Some people think it is. You know, it may look. If you're if you're an Elon Musk, maybe, you know, yeah, it's a game. You you can you you can take a loss like that, but for the average person, you're talking about life savings. You're talking about people. I I read a story, not too long ago about, about a a a guy who ended up having to take out a loan on his house because he lost so much money in a fraud, crypto scam that he had actually mortgaged his house again, put a second I think it was a second mortgage or a third mortgage on his house just to pay his bills because it wiped out his savings, wiped out his life savings, and and all that stuff. It's it's just ridiculous.
It really is. So, of course, you really have to be very careful. You really do. So, let's see. So looking at the bigger picture, where do you see the crypto market heading in the next couple years? I know you don't like doing short term stuff. So
[00:42:48] Unknown:
it's gonna get so good. Listen. It's gonna go up. It's gonna go down. But there's if you think about how much money is invested in the stock market worldwide, I mean, we're over a $100,000,000,000,000 now at this point. In the crypt market, we're only at $3,000,000,000,000. So there's gonna be that gap is gonna, shorten up a little bit here. In the next couple years, I and we're gonna add at least $5,000,000,000,000 a year to the to the crypto market, continually that that that's actually kind of a lower number is what I'm feeling. Wonder what t coin which one's t coin? Is that Ton coin?
Hold on. Let me look this up. T coin. I don't know what coin you're referring to. Is that threshold?
[00:43:38] Unknown:
I'm looking up on my end. Let me see.
[00:43:41] Unknown:
Yeah. I'm not sure.
[00:43:43] Unknown:
Well, if you can't find it, I'm not gonna find it either. So Yeah. Yeah. Right?
[00:43:47] Unknown:
Let me know what coin this is. I'm not a 100% sure what what coin this is. T coin.
[00:43:56] Unknown:
Okay. While we're waiting for Cindy to get back to us on that one, how about this one?
[00:44:01] Unknown:
Do you have any advice for swing trading since the market has been so volatile? Yeah. I mean, you can always you can always set your sell points, like, for any crypto that you have. And, generally, like, I know Coinbase offers this where you can say, okay. When XRP hits $3 a coin, I wanna sell 50% of my holdings. And then you can put another thing in there where it's like, okay. Well, when XRP dips to $2.80 a coin, I wanna buy x amount of coins. So, yeah, you can absolutely do that. I have done that before. It's fun. You know? You can you can make some good money on that. But I I meant kinda staying away from the bots. Like, a lot of people will go on my TikTok and be like, oh, you use this such and such bot trading bot, and I made $3,000 today. Stay away from that. Stay away from anything that you see on TikTok in terms of somebody trying to sell you, like, a service for crypto, right, to anything that's automated, any wallets, any platforms. I mean, it's all scams. So Trump coin. Everybody's asked me about that, and I've been so hesitant to put something out on Trump. Alright. Hold on. You wanna pull up Trump coin again? Let's I'll I'll do a I'll do a thing on here.
Alright. Let's first find out, is Trump coin a good buy? I think it was $9.
[00:45:22] Unknown:
It's $9.53.
[00:45:23] Unknown:
Right. Alright. Is Trump coin a good coin? $9 coin. Give me one card. Yes or no. Oh, I got a yes on that. That's the king of sorts. Alright. Alright. Let's see here. Let's see what price point we got on this. See, I feel like because of his position in crypto and all the stuff he's doing in crypto, especially with this being associated with him, I do think this is gonna go up. There's no way it's not going to. He'll he'll he'll shoulder tap people if he needs to to get more money into this coin to just kinda to save face. You know? Because I also do feel like with everything he does, whether it's good or bad, he has people constantly pushing back on, you know, with everything. So when this goes down and let's say, you know, he gets it up again or he gets a bunch of people to invest in it again, I do feel like it'll go down. This is, like, controversial in my opinion, so I don't personally hold it.
Let's see. Is let's see if this is gonna double. Is we'll we'll say $20. Is is Trump is the Trump meme coin gonna be worth $20 a coin in 2025? Yes. Oh, that's moving forward at a fast pace. Wasn't this this was, like, a lot higher than that even. Let's see. Is it gonna hit $30 a coin? Is the Trump meme coin gonna hit $30 a coin by the end of twenty twenty five? I got a yes on that. We got 30. Alright. So we're at 30.
[00:47:05] Unknown:
According to the according to this chart, the highest it it had hit is, $10.33.
[00:47:11] Unknown:
Oh, no. You're on the twenty four hour chart. You gotta hit the alt on the upper right here.
[00:47:17] Unknown:
I can't see it. So take your mouse it over. Hold on one second. Go ahead.
[00:47:22] Unknown:
Where is it? So where your mouse is, scroll to the right. Okay. Not to the right. There you go. And hit all underneath.
[00:47:33] Unknown:
I don't see it.
[00:47:35] Unknown:
Scroll up. Okay. Okay. Scroll up. Go see, you're on the twenty four like, so right above your chart, you're on the twenty four hour chart. Oh, I see. Yeah. Okay. To the right I got you. Yeah. I didn't see that.
[00:47:48] Unknown:
Didn't see that. Sorry. Yeah. It was No. It's okay. Okay. $57.57.
[00:47:51] Unknown:
Was 61. Alright. So we're at $30. Let's see here. Is the Trump meme coin going to hit $40 coin by the end of twenty twenty five? Give me one card. Yes or no. Oh, I got a yes. I'm getting some pretty strong cards on this. Alright. Interesting. We're at 40. Let's see. Is it gonna hit 50? Is the Trump meme coin moving forward? We're gonna hit $50 a coin by the end of 2025. Give me one card. Yes or no. I'm getting a yes. I'm getting some alright. Hold on here. Let's see. Is the Trump meme coin gonna hit $60 a coin by the end of twenty twenty five? Give me one card. Yes or no. I got a no.
Okay. So we're at the $40 range because I kinda skipped 50. Is it gonna be in the is the Trump meme coin gonna hit $50 a coin by the end of twenty twenty five? No. Alright. So we're in the $40 range on that. So, listen, that's about four times where it's at right now. Again, this is not one that's on my buy list. I don't really buy a lot of meme coins anyways. And because it's political, I kinda stay away from it. But, I do think, you know, if you have a little bit of it, you know, especially right now, you'll make a little money by the end of twenty twenty five.
[00:49:16] Unknown:
Alright. Well, folks, we're coming up on five minutes left to the show. So if any last questions, for our crypto psychic expert here? Anything out there? Alright. Let's see.
[00:49:33] Unknown:
I don't think that was for you. My real message to everybody is just, you know, be patient. We're seeing signs that the bull runs here, and I I really thought that I'm like, yeah. We're in the bull run. And now I'm kinda getting a little bit, like, feeling a little strange about it. So, we might have a little bit of a dip here before we hit the $5,000,000,000,000 mark, and I want everybody to be prepared for that. So but the $5,000,000,000,000 total market cap is what we're looking for with crypto. I we're still on track for that. Just be patient. Whether we hit that in July or August, I mean, that's we'll we'll see. I don't I don't know.
I don't like doing short term predictions, but I do see that $5,000,000,000,000 market cap, and I have for a while, and I'm standing firm on that. So we're getting a little bit closer. Just be patient.
[00:50:17] Unknown:
Alright. Well, Marissa, thank you. That this was great. Really informative. I think I I'm I don't know. I'm I'm I'm on the fence here with the Trump coin thing. I I don't know. I'm I'm I'm I wouldn't. It's a meme coin. Get layer one blockchains. Get AI coins. Yep. Stay away from it because people are gonna use that to,
[00:50:35] Unknown:
you know, like I said, pump and dump where they're gonna try to make them look bad. It's just it's too political. Just stay away from it. Stay away from like, get get in a good project. Get Algorand, XRP, Solana.
[00:50:48] Unknown:
You know, get the good stuff. Great advice. Great advice. Alright, folks. So we're gonna we're gonna say, we're gonna wrap it up here in just a second. Just quick quick couple of reminders. So tomorrow, 6PM central time, we have our Sunday bible study that we'll be doing here live. We'll be we've been discussing America's Christian heritage, so we'll be talking about that tomorrow in some more detail. This will be, I think, part three, if I'm not mistaken, of the series. So, so we'll be getting to that tomorrow at, at 6PM central time. So please be sure to, come by and check it out. Also, don't forget we have a very, very big announcement we're gonna be making on Monday's show. So you wanna be here for that. That's gonna be pretty pretty huge, if I could use Donald Trump's words. That's gonna be huge.
I'm I'm working on my Trump impression. I I haven't gotten it yet, and I'm not gonna debut it yet until I got it. So, so that so that's got some great news coming up on Monday. We'll let you know all about that. And then also, as always, we wanna give our shout outs to our, to our team, our producing team. If you don't know what that is, if you it's the first time you you're checking us out here, we have producer tiers. We have an associate producer tier for a monthly recurring donation of $17.76. We have a producer tier for a monthly recurring donation of $18.36. And we have two executive producer tiers of 25 and $50 a month recurring monthly donations.
Every tier gets the shout out on every single show included in all our show notes, any emails, anything that we send out. The $25 and the $50 executive producer tier gets the shout outs, plus they get to book a segment with us on the show live so they can hang out with us for a little while, talk about the news of the day, current events, whatever's on their hearts and minds. And that at the $50 level, you also get some t shirts, you get some sticker packs, and all that fun stuff. So, all the details are up on our website if you wanna check it out. It's joeroos.com/support. We would really, really appreciate that. So in keeping with that, we have our shout outs to our executive producer, Wayne Rankin, our executive producer, Rosanna Rankin, our executive producer, Carolina Jimenez.
I say it that way because I know she hates when I mispronounce her name, so I intentionally mispronounce it. And then of course we have missus producer, our anonymous Angela, which funny story behind that, another day. Why we call her anonymous and actually use her name. So, we, so I wanna say thank you to all you folks for all the help. You guys have been great. Really do appreciate it. And, we look forward to, doing a very many great things in the future. Alright, folks. With all of that said, I think it's time to say goodbye.
So let's do this. Let's make sure that we keep Texas independent again. Independent again. Let's make sure let's make Texas independent. Go podcasting. Keep a steady stride. And folks, make sure you keep talking. That's the important thing today, especially today. Keep talking. Alright, folks. We'll see you tomorrow. Have a great weekend.
[00:53:41] Unknown:
Good night. Goodbye. Thank you. Take care.
[00:53:54] Unknown:
Until we meet again. Happy trends to you. Keep smiling until then. Who cares about the clouds that we're
Alrighty folks. This is Joe Roos and we are coming to you live from the Asylum Studios, broadcasting from the pimple on the backside of Texas, the beautiful city of Eagle Pass, and bringing you the best quality talk radio we could muster without all the bluster. This is your Joe Russo. Folks, sorry about the little delay there. We had a system crash two seconds before we got started, so I apologize for the little delay. But welcome to the show. It is exciting to have you guys here on this very special inaugural crypto show with our cohost for the day, Marissa Lee, who is already here with us, which is fantastic. When we get into the, after the housekeeping, when we start our segment on cryptocurrencies, I have some special intro music for you.
Awesome. Welcome aboard. Thanks for having me. Alright, folks. So we got a lot of ground to cover today. We're gonna try to keep this to an hour because I know Marissa has things to do. I have some things to do. We don't normally do, 11:00 in the morning show here with the Joe Russo. Normally, we're at 07:00 central time start PM weeknights. But, we have something very, very important taking place this week, and that is Crypto Week. So we wanted to get on on here. And primarily, my motivation here was is that, Marissa came on the show about four or five days ago, and she made some, some predictions.
And she also gave some advice and some counsel on some things to, to check out, and I did. And I am extremely pleased because I made some money,
[00:02:51] Unknown:
and I appreciate that. That's great. Making money is always a good thing. Don't you think? Yes. Yes. Yes. It really is. You know, it just brings you that peace of mind. Just a pinch. Where you don't have to worry about stuff and yeah. So Relieve some anxiety. Yeah.
[00:03:08] Unknown:
So I have my coffee here. I got my seventeen seventy five coffee. We're good to go with that. Didn't spike it this morning as much as I wanted to and needed to because, of course, you know, getting ready to do this, the system crashes, and then my neighbor decides he's gonna go out there and start cutting his grass and using his leaf blower and all that mess. And even though even though things are soundproofed here, it freaks the dogs out. So they start barking like crazy. So I had to go out there and ask him, could you do me a favor? Give me, like, an hour.
[00:03:35] Unknown:
Yeah. Yeah. Yeah. No. Listen, I totally understand. And it always
[00:03:38] Unknown:
happens right before you're about to go low. Oh, yeah. Always. So I It never fails. Yeah. Never fails. It doesn't happen beforehand where you could handle it. It's just always right when you're ready. So Especially when, like, I got I got up early this morning, and I did a test run with all this stuff, because this is the first time we have a co host on the show. And, first time we're doing a segment like this, and I wanted to make sure everything was gonna work. So I did a Yeah. I did a dry run. I had a friend of mine check-in, pretend to be you, go through the whole thing with me, and it was no problems.
No problems at all. And then all of a sudden, I clicked the go live button and it says, unable to connect, room not found. Oh my good night. What happened? Yeah. Yeah. So, but that's it. So let me do some really quick housekeeping and then we'll get into, into, the discussion about cryptocurrencies. Alright. So folks, so again, this is the Joe Russo. Thank you very much for being with us here on this beautiful overcast Saturday morning here in in, the bowels of Southwest Texas. It is a, probably, what is it? 72 degrees right now at, 11:08AM central time. Or actually, you know, governor Abbott, our our our wonderful governor, has, on his desk to sign a, some legislation by the Texas State Senate to separate us from the time changes, and Texas will no longer take place in that. And now, we'll be able to say it is 11:00 Texas time. There is no more central time for us. It is Texas time. We are slowly but surely becoming this beautiful independent state. So we will be there very very soon, so get yourselves ready for that. Alright folks, so before we get started, just head over to our website, joeroos.com.
That's joeroos.com, and, open up that little web form that we have up there in the contact section. Send us over any questions, comments, cares, concerns that you might have, any suggestions, any ideas for for guests, any ideas for topics and segments, let us know. We need to hear from you. We wanna know what it is that you're thinking. Also, don't forget that this is a value for value show. Any donations that you can make to help keep us thing going are greatly greatly appreciated. You can check out our support page for all the information on that, including all of the, producer tiers that we have and the little benefits and perks that come with those things. And then also, don't forget that we also are doing, our weeknight show, 7PM central time. It's a two hour show mostly, usually, hopefully. Trying to keep it a little less than that. Doesn't always happen that way, but it it comes around.
So that's, weeknights at 7PM right here on Rumble. And of course, we stream across face well, we're not doing Facebook live yet for some reason. I played my settings on Facebook, and I cannot get it to to, unhide all of my posts, so I have to go in there afterwards and manually change everything. But, we're on Facebook, we're on Twitter or X, Twitch, and, and locals, we are going to be putting things behind a paywall very, very soon. So, keep that in mind. Alright. So future episodes of this show, particular show, the crypto show, might be behind a paywall. So keep that in mind. If you wanna get in on that, we'll let you know when it's time. Alright. Now, with all of that said, let's see. Where did I queue up your music? Here it is.
So
[00:06:57] Unknown:
we have with us I love it. I love it.
[00:07:01] Unknown:
Marissa. Alright. So this is all your segment here now. We're gonna, I'm actually gonna turn the camera off on myself when you start going here. And Oh. You are going to, lead us down a path of predictions and discussion of cryptos. But we do have some questions
[00:07:17] Unknown:
that we're gonna get to. We've got some questions here. So okay. So first, let me go over a little bit what's changed since you and I have spoken last. You know, I one of the things I said I think it was Monday we did our podcast, that the bull run is coming. Yes. And the market just went a little bit crazy in a good way. We just had some money go into the market, and things started to spike up. Now we're kind of at this stagnant level, and I'm getting a little bit nervous. I'll be honest. I do still believe that the market's gonna hit $5,000,000,000,000. Okay?
It might go down a little bit before we hit that point. Nothing ever goes straight up. Right? It's kinda like the market will go up, and then it'll go down, and then it'll go up. So we're we're at this building point where it's like peaks and valleys here where it'll go up a little bit, and then it's gonna start to go down a little bit, and then it's gonna go way up again. So we just need to be a little bit patient. I do believe that this is the start of something really good. CryptoWeek starts in two days, July 14, where the house of representatives and the senate are voting on all kinds of stuff, and there's gonna be crypto talk everywhere.
So Cindy is here, and she just asked let's see. Hi, Joe and Marissa. We've had a lot of shoot. That just went down. Okay. I'm hearing that we need to sell partial along the way. And when total market cap hits $5,000,000,000,000, not when we hit the price target. $5,000,000,000,000 is what we need to look for. Okay? Right now, the market cap is, like, $3,620,000,000,000. Okay. So we just had a nice little spike up, but there's a ways to go. And I do feel like we're gonna hit that fairly soon. It just might not be tomorrow. It might not be in the next week. It might take two weeks. It might take three weeks. But I feel like it's right around the corner. So, just be patient. Yes. I do feel $5,000,000,000,000 is the height of this. So even if let's let's say we wake up tomorrow and it's $5,000,000,000,000, that is when you wanna sell some of your crypto or convert it to a stable coin to retain the value. Otherwise, the market's just gonna dip after that and poof all that money is gone. So it's like you might as well do you gotta make you gotta make a move in order to make some money right now. So you just have to pay attention. And when we hit that $5,000,000,000,000 mark, that is when you kinda wanna start saying, okay.
What can I convert into a stable coin and and, you know, kinda just go from there?
[00:09:52] Unknown:
Alright. Was that Pocketful has this question? Marissa, well s well, SEI reach $3 in July?
[00:10:03] Unknown:
Short term price predictions. Everybody's asking me for that, and I understand why. Generally, what I do when I make a prediction is it's kind of like a year long prediction where me a chance to gives the market a chance to kinda catch up with it. You know, to say a crypto's gonna hit a certain price point in a month time, can be a little bit difficult. I feel like that's gonna be a little bit of a stretch for July. Let me let me run a little let me see what I can do here. Let me run some cards on this. Alright. You say you're gonna hit $3 in July.
I've got a lot of it too, so I I know why you're asking. Let's see here. I think it's gonna come close. If not July, maybe August where it's gonna shoot up, you know, significantly. So is it gonna hit $3? I'm a little I'm a little bit hesitant to say yes. I am getting a good feeling about it, but I'm just a little hesitant to to say yes on that so quickly because it's where is it at today? I think it's at, like, 20 some cents, 30¢. Let me see if I can get that for you. Yeah. It's at, like, 30¢ or something like that. 33¢ is what I looked at it last night. Yeah. 31. Okay. I feel like $3 is a big jump for two weeks.
Is it possible? Yes. Is it likely? No. But I do think that we're gonna see a big jump and say very soon. When we hit that $5,000,000,000,000 mark, it's not gonna take much for for this to shoot up significantly. So when money starts going into altcoins, that's when we're gonna see big money coming our way. Right now, it the money's going into Bitcoin, Ethereum, XRP, Cardano. Yeah. And I I hate talking about politics because I feel like it creates so much division, but I have to address this. Donald Trump has been, putting on his true social. Like, here's the crypto buy list or whatever it was he says. I I don't remember exactly what he said, but he said he's making, like, a Bitcoin reserve or something like that, and and they're putting these cryptos in there. And it was, like, XRP, Bitcoin, Ethereum, Cardano.
I think there was one more. I can't I can't remember offhand, but those are the the coins that just ran. Okay? So when you look at what's been put in the market and you look at what coins are running right now, it's those coins. So to me, this spike up has to do with him, and it has to do with going into crypto week. So it is a little bit political in that sense. So I am expecting a little bit of a downspike coming up here and then a huge spike up. So just be patient. She says four or five by the end of the year. I'm gonna go three now.
[00:12:54] Unknown:
Didn't I just answer this one? Yeah. You did. I'm just highlighting questions as they're coming in, as I'm seeing them. Oh, okay. So okay. Yeah. Because as you're talking, I'm monitoring the live chat, and I'm also I'm also looking for comments in the comment section. So I'm I'm multitasking here.
[00:13:08] Unknown:
Right. Right. So, yeah, I do I do believe 4 to $5 with Say, by the end of the year or very close to that. So, yes, say is a layer one blockchain, and I'm telling you those layer one blockchains are powerful. They are going to get some serious money put into them this year, and it is gonna be really, really, really fun. There's a lot of money to be made with these. So Alright. So They're they're great firm investments, in my opinion, not financial advice.
[00:13:36] Unknown:
Yes. That's very I would yeah. We have to make sure that we understand that that it this is opinion. This is we're not trained professional licensed financial advisors here. We're giving you what we see in trends. And speaking of trends, what's the biggest trend that you see right now and, that's got you excited?
[00:13:55] Unknown:
I everything is going AI, AI, AI. You know, you you do some graphics for your show, and it's AI. You wanna write a letter that sounds good. People throw it into AI. I have a friend. She's so funny. She actually is a tarot card reader too talented. She calls, chat g p t her boyfriend, because he helps her with everything. So, I I mean, we're using AI in so many different things. You know, there's AI in cars. There's AI in our phones. There's AI in your computers. That's right. I'm actually kinda glad that I got out of the out of the web development. Now people are using AI to create websites. They don't even need web web developers anymore, and I'm like, got out of that just in time. I mean, I still do it a little bit here and there, but, I've kinda gotten away from it. So, AI is gonna be big on the block. I'm really excited about that. But, you know, with AI though too comes problems.
There's a there gonna be problems that come up with AI. You know? I mean, you you see some AI videos, and you don't even know if it's real or not now. So and that's just gonna get worse. So there does need to be limitations, but it's gonna take a while for laws to catch up with that. Yeah. That's true. Actually, the the guest we had on the show last night talked about,
[00:15:05] Unknown:
what was it? Inflationary blackmail, which is using AI to take you and put you in some very compromising situations that's very very difficult for you to prove that it wasn't, and it take it'll take a long time to, to actually fix that and and correct that correct the record. But by the time that happens, the reputation is damaged, all that stuff is damaged, and, you know, your name is forever connected with whatever it was that supposedly you were part of according to AI. But, yeah, I know AI is gonna be a, an issue when it when it comes to especially, markets and fluctuating markets and setting prices. It's gonna be very very hard to figure out what the legitimate price range is or which one is gonna be the deep fake. If I can Right. If I can borrow that phrase for a moment. The, flashing lights are driving me crazy. I gotta set them off. So, if you had to pick a few under the radar coins to keep on keep an eye on, which ones would you say that are worth watching right now?
[00:16:02] Unknown:
Origin Trail. I really like Origin Trail. They have a whole bunch of different AI projects that they wanna be a part of. Like, they're doing some science stuff. They're doing some health stuff. They're doing some logistics stuff. They're in, like, every single industry. It just hasn't taken off yet. So OriginTrail, and the letters on that are track, t r a c, and they're really undervalued right now. I feel like that is gonna be a really good one to have in your portfolio. But when I say that, though, I have to be very careful with what I say because something's gonna be really big in the future. People will go and they'll put thousands of dollars into a crypto and offer a while, and then they'll get mad at me. So this is one of those things where you wanna have a little bit in you know? Let's say that you have a thousand dollar portfolio. Okay? This is just an example.
I would have a $100 worth of origin trail in there. Just a little bit. You know? You don't up your whole portfolio. You don't wanna go too big on that. But you do definitely wanna have, you know, just a little bit so that way when it makes a run, you're like, yes. And, of course, you know, no matter what you do, you're always gonna say when something runs, I wish I had more. You know, I that about XRP. I wish I had more, and I had quite a bit of XRP. So but nobody really ever has enough. Right? It's like so I I really like OriginTrail.
I'm looking at some list of cryptos right here.
[00:17:24] Unknown:
Well, we have we have a track up there right now that you were talking about. I don't know if you see Oh. Do you see the screen share? Yes. I do. Okay. I do. Right. And so it dipped, and I'm, like, 32¢.
[00:17:35] Unknown:
So if we look at the market cap, it's a 163,000,000, which is super low. What's the circulating supply? Is that Did I pass Scroll up a little scroll up just a a little bit. What's the circulating supply on that? I need my glasses now.
[00:17:52] Unknown:
Is, $499,000,005.46 $9.56.
[00:17:57] Unknown:
Okay. Good. So we're at about 500,000,000 on that. So it's not even a billion coins. So it's not gonna take much money for this to run, and there is some significant projects behind Origin Trail that I really, really like that I think are gonna take off well. So this is this is, one of those cryptos that are definitely under the radar that I love. And, I have it in my portfolio for sure. And, actually, you know, I stopped buying crypto during this little spike up, this bull run. This is I feel like this is more like the beginning of the bull run. I stopped buying everything, but I bought more OriginTrail. Because I I look I kinda look at my portfolio and I say, okay. What's down? What's not running? And if I decide to put more money into the market, I buy the cryptos that are down and not running. I don't buy the stuff that's spiking up. Like, XRP has been spiking up lately.
And I also try to stay away from meme meme coins. I know a lot of people love meme coins, but, yeah, I I I feel like there's not they're they're gonna fade out. You know? They'll have a little run here and there, and then they're gonna fade out. They're not good long term investments. And when I make investments, I like making long term investments, not just like, oh, what's gonna run over the next month? What's gonna run over the next three months? Of course, we all, you know, want that, but I I try to do, like, more long term investing because I don't really withdraw. If you're wanting some track, look, pie two, another call of yours. I even got a 100 of Peppy.
Yeah. Peppy is a meme coin. I'm you know, I know I did a review on that, and I did that, you know, based on request. So I'm not really big on Peppy. I don't really have much of it, but I do have it in my portfolio just to kinda watch it. And I I think it just went up a little bit recently. So I guess if you're gonna have a meme coin, Peppy is is okay. It's let's see. What coins do you see having a big run-in July? You said render on your TikTok. How high do you see this going this month? Okay. So, what we're waiting for is we're waiting for a bigger spike in the market. Now the bold one kinda just I felt like it started. I really did. But I also feel like there's something a little stagnant about this where it might go down just a little bit, and then there's gonna be a big spike up. And I don't know if that's gonna happen, right away. I don't know if it's gonna happen this week. I don't know if it's gonna happen, like, the August.
So when we talk about price points in July, we it I I kinda look at it, like, more like the bull run. What are the price of these cryptos going to be during the bull run? And, again, short term predictions are kind of a hit or a miss. I believe I made a video on TikTok with Render saying Render was gonna be, like, in the $20 range for the bull run, and I still feel confident about that. I know a lot of people have asked me about it because I push Render a lot. Render is a great AI coin, and I do feel like we're gonna be in that $20 range. Although it's got a ways to go, so it makes me a little bit nervous. But Altcoins haven't really run yet. Like I said, we've only kinda seen some of the top dogs run so far. A little bit in the Alt coins. Nothing crazy, but we're seeing signs of hope. We're seeing signs of life. Like, the crypto market is up.
And, you know, here's the thing. The markets are not gonna run the way that they have in the past. So if you're new to crypto investing, you're not even gonna know about what happened in the past. But if you've been, like, a long time crypto investor, you're gonna start seeing things, that you haven't ever seen, and it's gonna be wonderful. It's gonna be, like, big spikes up and then down a little bit and then more spikes up, and it's gonna happen more often. So this is really, like, the beginning of the awakening period for crypto in The United States. I'll say that. It's the feel that I'm getting. So
[00:21:27] Unknown:
Alright. So, are there any cryptocurrencies or projects that you'd steer clear of right now? Like, which ones are raising the red flags for you?
[00:21:36] Unknown:
Let's see here. There are a few. I'm looking at a list here. I'm not big on Shiba. I used to be a big holder, and it's been so disappointing. I do think it'll it'll go up. Just because I I say I don't like it doesn't mean that it's not gonna go up. I do think it's gonna go up a little bit, but I I feel like I've kinda given up on the penny, hope there where Shiba's gonna hit a penny and then we're all gonna have millions of dollars. I don't think that's gonna happen, at least not anytime soon. I think it's gonna die out. I think we're gonna have, like, another year or two with Shiba, and then it's gonna die out. Let's see here.
Not big in Polygon. It's so disappointing. I do think it's gonna have another run. I do think it'll probably hit $2. Maybe this year, actually, but I'm just I'm I'm over Polygon. I feel like something's not right there. Let's see here. Filecoin. Ugh. No. Thank you. This is so disappointing. This is one of the most disappointing cryptos I've ever seen. I I mean, I had Filecoin when it was it was running pretty high. I mean, it it was, like, somewhere in the $70 range, and now it's, like, $2.51. And it's been like that forever. And yeah.
Again, though, we're during this bull run, and we're gonna have a lot more money in the market. Filecoin is gonna go up even though I could say I don't like it. Yeah. White Rock, I'm not big on White Rock either. I just did a review on that one. Oh, and Onyx Coin, I'd stay out of Onyx Coin. I don't like Onyx Coin. Let's see.
[00:23:20] Unknown:
You're pulling questions off TikTok?
[00:23:23] Unknown:
No. I'm look I'm sorry. I'm looking at list of cryptos right now to kinda stay away from. So I'm just kinda going through coinmarketcap.com. I know a lot of people like Jasmine. I'm not, like, the craziest fan of it. Let's see here. What else? Alright. We can we can go on too. Yeah. I'm not being on White Rock like you pinned up there. That's a newer one. And, you know, hey. Listen. My my opinion on White Rock could change. It's it's a newer crypto, and everybody's talking about it. So sometimes, you know, things start out a little bit rocky and then things change. Right now, I'm feeling so good about White Rock. So, I don't personally hold it.
Let's see what else. I mean, that's about it for now. I mean, I could sit here and go through a list of crypto and say no. No. No. Yes. Yes. Yes. But I won't bore you. So we can we can
[00:24:21] Unknown:
go on. So for someone new that some of this new to crypto, right, what what's one coin or one project that you would recommend that they would just go all in on, get a feel for the market?
[00:24:32] Unknown:
I I don't like I don't like recommending cryptos to go all in on because that's dangerous. You wanna be diversified. But I'll I'll say I love Algorand. I think Algorand is gonna do phenomenal long term. It's so undervalued, and they are gearing up to do all kinds of stuff. They just made their network, like, a cross chain network, so that is fun. I didn't even make a video on TikTok about that one yet. They're issuing they're they're releasing their road map for the next year, what their plans are for their blockchain on the fourteenth. So that's in two days. So I think that's gonna go well.
I love Algorand. XRP is solid. It really is. I I feel like that's a great long term investment, in my opinion, not financial advice. I love wanna you wanna stick with the layer one blockchains because those are the that's what runs all the functions of all the cryptos are the blockchains. So it's it's server and then everybody comes to you to use that server. You know? You you Solana's solid.
[00:25:33] Unknown:
Yeah. I just recently gonna oh, go ahead. I'm sorry. I just I just recently purchased some Solana. I re I purchased some XRP. I also got in on some Algo. I forgot what I bought Algo at though. It was it was much lower than what it is now. But, but, so far so good, you know. And like I said, you know, when you first brought those up to my attention, I, you know, I looked at them and I was like, I don't know. Should I? Should I not? And then, I said, you know what? I'm just I did it. I went ahead and did it. And I'm and it's spot on, man. Spot on. So, you know, if you're listening to this and you're you're on the audio stream, or if you're you're watching this and you're just keeping quiet off in the distance someplace, when I'm I tell you I'm telling you, she knows what she's talking about. She's she's good at this stuff, and, you're gonna be really pleased if you may take some make some investments. Again, opinion, commentary,
[00:26:19] Unknown:
not financial advice. Okay. And it's a psychic prediction. Okay? And keep that in mind. So psychic predictions can be accurate or they could be wrong. And I'm not gonna sit here and say, I have a 100% accuracy rate on anything. And any psychic that tells you that is somebody you wanna stay away from Absolutely. That is that has this almighty, this god complex. I've known people in the psychic industry that have become very successful, and they develop a god complex where they're the almighty. I told you to do this. I told you to do that. And it's like, no. Don't ego ego. You know? You you really have to keep that in check. And so don't follow anyone's psychic blindly. If that's any advice that I can give you, and that includes me. Right? Of course. So do your own research on stuff and and, you know, try to make your own decisions.
[00:27:07] Unknown:
This this was posted twice in the in the in the chat here, so I'm not sure if we answered it or not.
[00:27:13] Unknown:
Okay. Once we hit 5,000,000,000,000, how much will you keep $10.25 0? Okay. So I'm in a different probably situation than most people. Everybody has their own unique financial situation. Right? Like, I have a debt that I wanna pay off. So, what I'm probably gonna do is I'm probably gonna convert about 75% of my crypto into a stable coin when we hit $5,000,000,000,000. And I'm still gonna keep 25% in the market. Now that doesn't mean I'm gonna withdraw that other 75%. I'm just gonna kinda wait and see once we hit that $5,000,000,000,000 mark what happens. I'm gonna take some of it, and I'm gonna pay off a big debt. And then the rest of it, I'm going to wait for the market to, you know, kinda dip down, make that dip, that correction, and then I'm gonna buy back in at a lower price. So, that's what I'm personally doing.
If you have if you're, like, more of a long term investment person where it's like, I wanna keep my crypto in the market for a year, or two years, and you're solid on that and you still wanna take advantage of that $5,000,000,000,000 bull run that's coming, I would maybe convert 25% of your portfolio into a stable coin. And then that way, the rest of your crypto is just gonna ride it out, but you get that chance to make a little extra cash in the in the bull run. Because you don't necessarily wanna take big risks, but it does give you the chance to play with a little bit of it. So, whenever I exit a crypto too, unless I'm really, really done with it, I sell, like, 75% of my holdings, and I still keep 25% just in case there's a run-in the future. Right? Right.
That's what I did with Onyx Coin. I got rid of 75% of my holdings when it ran up, and I told everybody to get rid of it. I just to keep a little bit of it. And so it also gives me a chance to watch it in my portfolio to see what it's doing. So it's right in front of my face, and I don't have to constantly look it up and see, okay. Well, where is it at now? I I can see it in my portfolio. I know what I have in it, and I can tell when it goes up and down. So Well, for some folks that might not know, when when you say stablecoin, what are you referring to? Oh, Tether. It's number four on your list right there.
USDT. PayPal also has a stablecoin Yeah. That you could convert it to. USDC is a stable coin where it just doesn't go up or down in value. It's it stays at that dollar range. Sometimes you'll see it fluctuating, like, in the 99¢ range, and sometimes it'll go up to, you know, a dollar or 1. You know? It just it doesn't really fluctuate much, so it kinda stays at the same level.
[00:29:49] Unknown:
Alright. So, obviously, we see a lot of swings in the crypto market. And, I mean, some you get some dramatic swings, like, we had Bitcoin drop all the way down to, and I say all the way, but all the way out to, like, $80 a coin and fly and then it goes right back up again. What do you think is driving the hype around certain coins, and how do you separate the real stuff from the noise?
[00:30:17] Unknown:
Yeah. So the crypto market is a little bit manipulated. I you know, we have to call that what it is. It's the whales that are buying in. A whale is somebody that has billions of dollars, and they throw it into the crypto market and they take it out. They you know what I mean? They do this altogether, and it's like they kinda control the market. Here's the thing, though. Laws have changed where, investment companies can now put their money into the crypto market. And they're buying the big stuff. They're buying the Bitcoins, the Ethereum, the XRP, the Solana, like, the the stuff that is a little bit more stable. They're not doing the altcoins quite yet or at least not as much of them.
So the real money is going into Bitcoin. But so, yeah, as time goes on and more money gets poured into the market, the whales are gonna have less control of it. So
[00:31:05] Unknown:
Here's another question for you. Do you recommend sticking to US based cryptos for the chance of zero taxes or stay diversified with non US based?
[00:31:16] Unknown:
I recommend doing a little bit of both. You know, of course, US based is always gonna be best. Right? Because I do think that we're gonna come to the point of having zero taxes on The US based cryptos. Absolutely. It's not a terrible thing to have a couple of non US based like, I if there's a a project that I'm like, oh my gosh. I really feel like this is gonna make a big run, and it's not US based, I would still have a little bit of it in your portfolio. Right? I don't really purchase crypto based on whether it's US based or not. But, obviously, some of The US projects that are going to that you feel are going to run, you should probably have a little bit more of that versus the non US based ones. Are there any Sometimes it can be hard to tell what's US based and not. You know? Sure. It's that's probably the last thing that I look at,
[00:32:04] Unknown:
when when I'm buying crypto is whether it's US based or not. Honestly, I've never even thought to look to see where it's based out of. I I just I look at the price. I look at the trends. I look at where it's going, where I've seen it come from, and that's where I make my decision off of not exactly where it comes from.
[00:32:18] Unknown:
Right.
[00:32:19] Unknown:
So, are there any specific blockchain innovations or upgrades or anything that's coming up that, you think could make a certain certain certain crypto just kinda stand out from the others?
[00:32:30] Unknown:
Well, it's gonna be functionality, and it's gonna be what are they doing that's different and that we're gonna use in our day to day life. So we're looking for adaption. What is going to adapt to the general public, and how are they going to use that? That is going to make a big difference. I saw I I heard a podcast, and this was a while ago, and you can't quote me verbatim on this. But I remember Stacy Wharton, the CEO of Algorand saying that there was some kind of a project on Algorand that where, you can buy shares of, like, an investment property that's being rented out like an apartment complex, for example, where when people pay rent, then you get, like, a little bit of that. Now I don't don't quote me exactly because I'm just kinda being general about this, but that was kind of the the feel that I got for that. Like, if that is something that goes live, and I don't know if that's live yet or not or what the deal is with that. But if we could get something like that to be a little bit more predominant and put that out to the public, run some TV commercials, do some ads, and I think that that would make Algorand go crazy. You know? It's stuff like that that I feel they're gonna do. We're they're just gonna start popping off projects, and it's gonna be lucrative, and it's gonna adapt worldwide, and it's gonna be awesome. So, it's it's really all about adaption.
[00:33:51] Unknown:
Now, you know, scams and, and rug pulls are always a concern. You know? That that's the main thing. Like, we saw that with, what's her name? The hawk to a girl, you know, the pump and dumps. What advice could you give investors to, to spot or or avoid any type of, like, overhyped projects? And again, this I know this isn't financial advice. We're we're basing this all of all core of course on your intuition on this, on on, on on what the cards are telling you. So which what what advice would would you be able to generate from that to give us the idea of what to avoid, what's risky, what's overhyped, and and how to find that?
[00:34:34] Unknown:
So you wanna buy cryptos that are on the major ex exchanges, like Coinbase, crypto.com. I generally advise people to stay off of Uniswap, and let me tell you why. Because I had that happen to me. Listen to this. Here's a story. I've never told anybody this. I bought a meme coin. I was laying in bed one night. It was 2AM, and I was just kinda going through coinmarketcap.com, and they had, like, this list of what's hot. And there there was a crypto. It was a meme coin, that was released two hours earlier, and it went up 5000%.
And you could only buy it on use Uniswap. And I'm like, you know what? I feel like this is gonna really go up significantly in value. So I I never even used Uniswap before, but I opened up an account, put some Ethereum in there, swapped it for this new meme coin. And I was just having a hard time sleeping that night. So an hour later, I I look at my account. I only bought bucks worth. It was worth, like, $400. And I'm like, oh, nice. So it's pumping. I'm like, I'm gonna throw another $50 in there. So I do that. And, I wake up in the morning, and it's worth, like, $3,000.
And I'm like, oh. So I'm like, alright. You know what? I'm just gonna sell it. Right? So I go to swap it off for Ethereum, and I couldn't. There was it was called a honeypot where, basically, you could buy it, but you couldn't sell it. And like, okay. Well and I'm doing all this research trying to figure out what is going on here. Within, like, a week, I log in to my Uniswap account, and it's worth a $120,000. And I'm like, come on. Help me get rid of this stuff. Right? So and I'm looking online. I'm seeing the honeypot. It's a scam. It's a scam. You can buy it. You can't sell it. That's why it keeps going up, and everybody thinks it's gonna go up. And I'm like, ugh. So I I my intuition was right in the sense that it goes up in value, but I didn't get the the deception aspect of it. I didn't run cards on it either. I just kinda saw something. And this is also too why I don't invest a lot of money in any one crypto, especially in the beginning, in case of something like this. So to avoid that, you know, if you use Coinbase, crypto.com, Kraken, Uphold, you're not gonna run into that to that problem. I would just stay off at Uniswap, and don't shoot for the thousand time gain, you know, so fast. A lot of people shoot, and I feel like you're it's an uphill battle and and very difficult to do and should shoot for that. I think you should try to make 10 times your money in a year and start there instead of going for, you know, the let's get rich quick. Yeah. But what was there any resolution to that, or or is it just gone?
No. I lost my money. Well, you know, here's the thing though. Some people put thousands of dollars into that. And this is this is a testament of why I don't put large sums of money into the market, especially with new cryptos at any given time. I do small amounts. Because in that way, if something doesn't go right, you're not out, you know, thousands of dollars. You know, people will put their life savings in this one meme coin, and I'm like, oh my god. I feel so bad.
[00:37:33] Unknown:
Pocketful is asking what coin was it and said never heard a meme coin go up that high.
[00:37:39] Unknown:
You know, because it's political well, it was, it was called the crypto president Trump meme. And this was right before this was right after the election. And I saw a trend in the market. And I'm oh, you know, maybe I'll maybe I'll buy this and make some money and flip it. Right? Because they're I I jump on any kind of trend. So, yeah, that was a big dis it wasn't associated with him. It wasn't the meme coin that he has on crypto.com. It was some other junk on Uniswap. So
[00:38:13] Unknown:
I forgot he was a I forgot that he has a meme coin.
[00:38:17] Unknown:
Yeah. Which, you know, I I like him for crypto, but I also feel like he he probably shouldn't have done that in my opinion. I I feel like it takes away from, you know, some validity with what he's doing with crypto when he's profiting so much off of it. Is this the one you're talking about? The official Yeah. Yeah. And, you know, it went up significantly during the inauguration when it was first released, and then it tanked. So I'm like Yeah. Well, you see a steady change. I I knew that was gonna happen. I didn't make any TikToks about it. That's why I don't recommend it.
I I just think I really tried to especially after that that meme coin experience that I had, on Uniswap, but I know that wasn't affiliated with him in any way. That was probably somebody, like, in another country just trying to make a ton of money. Just using the name. Yeah. Sure. Yeah. I just kinda stay away from it personally. So
[00:39:11] Unknown:
Yeah. Something like something like that, happened to me too not too long ago. I I I I got involved with this this thing. It's a it's a it was, what was the the the the trading place was, CIT, something like that. So it sounds and seems like it's affiliated with CIT Bank. So you get involved with that thing, and then all of a sudden, you know, you you start putting some money into it, start buying stuff, and, like, I I have a nice little balance in there. Alright? And then, so I say, you know what? I'm I'm I'm starting to get a little spooked. Let me pull this stuff out.
And so I I I go to withdraw the funds, and then I get, a notice from this, trading platform that says, well, you have to pay a tax on it first before you can withdraw it. Okay. Well, how much is this taxed before I withdraw? Well, you have to send us 5,000, you know, $5,000 in Bitcoin. Yeah. Okay. You can keep it. Fine. It's, it's not that much of a loss. I'm not I'm not gonna, you know, I'm not sending you 5,000 in Bitcoin to get just a couple of thousand back out. You know, that's not gonna work. And then, and then I started getting all these messages about, you know, you're gonna be, you know, the International Monetary Fund is gonna come after you. I said, alright. Fine. Let him come after me.
Yeah. You know, people like Well, yeah. They use fear tactics, you know, and there's a lot of that in in financial scams as they use fear tactics to get you to send money. Yeah. Well, thank just thank God it wasn't that much money, but, yeah. No. I'm not I'm not like I said, it was I think I had, like, maybe, like, 3,000 in there or something like that. That's when I started getting spooked, and now all of a sudden to get it out, I gotta pay you 5,000 in a in a tax to get it out. No. Not it. Mhmm. Keep it. It's fine. I'll just I'll what I'll I'd rather pay the stupid tax for falling into that than Yeah. Than pay Right. Right. Than than than have to take out another $5 to give you just yeah. Yeah. No. So that's I think that's that's a lot of things too with crypto. You you gotta be so careful with who you're dealing with and what they're telling you because they're because it is so loosely regulated at the moment, you know, there are so many scams out there. You can really get hurt. I mean, you hear all these horror stories about these these these people that that that dump their entire life savings into this stuff. And then when they try to to cash out on it, it's impossible. Like you, like you couldn't like the honeypot scams, you couldn't get anything out, or then you get things like I dealt with. No, you gotta pay this fee, this fee, this fee, and then we can't verify your account. You have to resend this, you have to send this to prove who you are. And I Nah. Gotta be careful folks. You gotta be really really careful. It's it's This this is not a game, unfortunately. Yeah. Some people think it is. You know, it may look. If you're if you're an Elon Musk, maybe, you know, yeah, it's a game. You you can you you can take a loss like that, but for the average person, you're talking about life savings. You're talking about people. I I read a story, not too long ago about, about a a a guy who ended up having to take out a loan on his house because he lost so much money in a fraud, crypto scam that he had actually mortgaged his house again, put a second I think it was a second mortgage or a third mortgage on his house just to pay his bills because it wiped out his savings, wiped out his life savings, and and all that stuff. It's it's just ridiculous.
It really is. So, of course, you really have to be very careful. You really do. So, let's see. So looking at the bigger picture, where do you see the crypto market heading in the next couple years? I know you don't like doing short term stuff. So
[00:42:48] Unknown:
it's gonna get so good. Listen. It's gonna go up. It's gonna go down. But there's if you think about how much money is invested in the stock market worldwide, I mean, we're over a $100,000,000,000,000 now at this point. In the crypt market, we're only at $3,000,000,000,000. So there's gonna be that gap is gonna, shorten up a little bit here. In the next couple years, I and we're gonna add at least $5,000,000,000,000 a year to the to the crypto market, continually that that that's actually kind of a lower number is what I'm feeling. Wonder what t coin which one's t coin? Is that Ton coin?
Hold on. Let me look this up. T coin. I don't know what coin you're referring to. Is that threshold?
[00:43:38] Unknown:
I'm looking up on my end. Let me see.
[00:43:41] Unknown:
Yeah. I'm not sure.
[00:43:43] Unknown:
Well, if you can't find it, I'm not gonna find it either. So Yeah. Yeah. Right?
[00:43:47] Unknown:
Let me know what coin this is. I'm not a 100% sure what what coin this is. T coin.
[00:43:56] Unknown:
Okay. While we're waiting for Cindy to get back to us on that one, how about this one?
[00:44:01] Unknown:
Do you have any advice for swing trading since the market has been so volatile? Yeah. I mean, you can always you can always set your sell points, like, for any crypto that you have. And, generally, like, I know Coinbase offers this where you can say, okay. When XRP hits $3 a coin, I wanna sell 50% of my holdings. And then you can put another thing in there where it's like, okay. Well, when XRP dips to $2.80 a coin, I wanna buy x amount of coins. So, yeah, you can absolutely do that. I have done that before. It's fun. You know? You can you can make some good money on that. But I I meant kinda staying away from the bots. Like, a lot of people will go on my TikTok and be like, oh, you use this such and such bot trading bot, and I made $3,000 today. Stay away from that. Stay away from anything that you see on TikTok in terms of somebody trying to sell you, like, a service for crypto, right, to anything that's automated, any wallets, any platforms. I mean, it's all scams. So Trump coin. Everybody's asked me about that, and I've been so hesitant to put something out on Trump. Alright. Hold on. You wanna pull up Trump coin again? Let's I'll I'll do a I'll do a thing on here.
Alright. Let's first find out, is Trump coin a good buy? I think it was $9.
[00:45:22] Unknown:
It's $9.53.
[00:45:23] Unknown:
Right. Alright. Is Trump coin a good coin? $9 coin. Give me one card. Yes or no. Oh, I got a yes on that. That's the king of sorts. Alright. Alright. Let's see here. Let's see what price point we got on this. See, I feel like because of his position in crypto and all the stuff he's doing in crypto, especially with this being associated with him, I do think this is gonna go up. There's no way it's not going to. He'll he'll he'll shoulder tap people if he needs to to get more money into this coin to just kinda to save face. You know? Because I also do feel like with everything he does, whether it's good or bad, he has people constantly pushing back on, you know, with everything. So when this goes down and let's say, you know, he gets it up again or he gets a bunch of people to invest in it again, I do feel like it'll go down. This is, like, controversial in my opinion, so I don't personally hold it.
Let's see. Is let's see if this is gonna double. Is we'll we'll say $20. Is is Trump is the Trump meme coin gonna be worth $20 a coin in 2025? Yes. Oh, that's moving forward at a fast pace. Wasn't this this was, like, a lot higher than that even. Let's see. Is it gonna hit $30 a coin? Is the Trump meme coin gonna hit $30 a coin by the end of twenty twenty five? I got a yes on that. We got 30. Alright. So we're at 30.
[00:47:05] Unknown:
According to the according to this chart, the highest it it had hit is, $10.33.
[00:47:11] Unknown:
Oh, no. You're on the twenty four hour chart. You gotta hit the alt on the upper right here.
[00:47:17] Unknown:
I can't see it. So take your mouse it over. Hold on one second. Go ahead.
[00:47:22] Unknown:
Where is it? So where your mouse is, scroll to the right. Okay. Not to the right. There you go. And hit all underneath.
[00:47:33] Unknown:
I don't see it.
[00:47:35] Unknown:
Scroll up. Okay. Okay. Scroll up. Go see, you're on the twenty four like, so right above your chart, you're on the twenty four hour chart. Oh, I see. Yeah. Okay. To the right I got you. Yeah. I didn't see that.
[00:47:48] Unknown:
Didn't see that. Sorry. Yeah. It was No. It's okay. Okay. $57.57.
[00:47:51] Unknown:
Was 61. Alright. So we're at $30. Let's see here. Is the Trump meme coin going to hit $40 coin by the end of twenty twenty five? Give me one card. Yes or no. Oh, I got a yes. I'm getting some pretty strong cards on this. Alright. Interesting. We're at 40. Let's see. Is it gonna hit 50? Is the Trump meme coin moving forward? We're gonna hit $50 a coin by the end of 2025. Give me one card. Yes or no. I'm getting a yes. I'm getting some alright. Hold on here. Let's see. Is the Trump meme coin gonna hit $60 a coin by the end of twenty twenty five? Give me one card. Yes or no. I got a no.
Okay. So we're at the $40 range because I kinda skipped 50. Is it gonna be in the is the Trump meme coin gonna hit $50 a coin by the end of twenty twenty five? No. Alright. So we're in the $40 range on that. So, listen, that's about four times where it's at right now. Again, this is not one that's on my buy list. I don't really buy a lot of meme coins anyways. And because it's political, I kinda stay away from it. But, I do think, you know, if you have a little bit of it, you know, especially right now, you'll make a little money by the end of twenty twenty five.
[00:49:16] Unknown:
Alright. Well, folks, we're coming up on five minutes left to the show. So if any last questions, for our crypto psychic expert here? Anything out there? Alright. Let's see.
[00:49:33] Unknown:
I don't think that was for you. My real message to everybody is just, you know, be patient. We're seeing signs that the bull runs here, and I I really thought that I'm like, yeah. We're in the bull run. And now I'm kinda getting a little bit, like, feeling a little strange about it. So, we might have a little bit of a dip here before we hit the $5,000,000,000,000 mark, and I want everybody to be prepared for that. So but the $5,000,000,000,000 total market cap is what we're looking for with crypto. I we're still on track for that. Just be patient. Whether we hit that in July or August, I mean, that's we'll we'll see. I don't I don't know.
I don't like doing short term predictions, but I do see that $5,000,000,000,000 market cap, and I have for a while, and I'm standing firm on that. So we're getting a little bit closer. Just be patient.
[00:50:17] Unknown:
Alright. Well, Marissa, thank you. That this was great. Really informative. I think I I'm I don't know. I'm I'm I'm on the fence here with the Trump coin thing. I I don't know. I'm I'm I'm I wouldn't. It's a meme coin. Get layer one blockchains. Get AI coins. Yep. Stay away from it because people are gonna use that to,
[00:50:35] Unknown:
you know, like I said, pump and dump where they're gonna try to make them look bad. It's just it's too political. Just stay away from it. Stay away from like, get get in a good project. Get Algorand, XRP, Solana.
[00:50:48] Unknown:
You know, get the good stuff. Great advice. Great advice. Alright, folks. So we're gonna we're gonna say, we're gonna wrap it up here in just a second. Just quick quick couple of reminders. So tomorrow, 6PM central time, we have our Sunday bible study that we'll be doing here live. We'll be we've been discussing America's Christian heritage, so we'll be talking about that tomorrow in some more detail. This will be, I think, part three, if I'm not mistaken, of the series. So, so we'll be getting to that tomorrow at, at 6PM central time. So please be sure to, come by and check it out. Also, don't forget we have a very, very big announcement we're gonna be making on Monday's show. So you wanna be here for that. That's gonna be pretty pretty huge, if I could use Donald Trump's words. That's gonna be huge.
I'm I'm working on my Trump impression. I I haven't gotten it yet, and I'm not gonna debut it yet until I got it. So, so that so that's got some great news coming up on Monday. We'll let you know all about that. And then also, as always, we wanna give our shout outs to our, to our team, our producing team. If you don't know what that is, if you it's the first time you you're checking us out here, we have producer tiers. We have an associate producer tier for a monthly recurring donation of $17.76. We have a producer tier for a monthly recurring donation of $18.36. And we have two executive producer tiers of 25 and $50 a month recurring monthly donations.
Every tier gets the shout out on every single show included in all our show notes, any emails, anything that we send out. The $25 and the $50 executive producer tier gets the shout outs, plus they get to book a segment with us on the show live so they can hang out with us for a little while, talk about the news of the day, current events, whatever's on their hearts and minds. And that at the $50 level, you also get some t shirts, you get some sticker packs, and all that fun stuff. So, all the details are up on our website if you wanna check it out. It's joeroos.com/support. We would really, really appreciate that. So in keeping with that, we have our shout outs to our executive producer, Wayne Rankin, our executive producer, Rosanna Rankin, our executive producer, Carolina Jimenez.
I say it that way because I know she hates when I mispronounce her name, so I intentionally mispronounce it. And then of course we have missus producer, our anonymous Angela, which funny story behind that, another day. Why we call her anonymous and actually use her name. So, we, so I wanna say thank you to all you folks for all the help. You guys have been great. Really do appreciate it. And, we look forward to, doing a very many great things in the future. Alright, folks. With all of that said, I think it's time to say goodbye.
So let's do this. Let's make sure that we keep Texas independent again. Independent again. Let's make sure let's make Texas independent. Go podcasting. Keep a steady stride. And folks, make sure you keep talking. That's the important thing today, especially today. Keep talking. Alright, folks. We'll see you tomorrow. Have a great weekend.
[00:53:41] Unknown:
Good night. Goodbye. Thank you. Take care.
[00:53:54] Unknown:
Until we meet again. Happy trends to you. Keep smiling until then. Who cares about the clouds that we're
Introduction to the Inaugural Crypto Show
Housekeeping and Show Details
Cryptocurrency Predictions and Market Trends
AI and Cryptocurrency: The Future
Cryptocurrencies to Avoid
Recommended Cryptocurrencies for Beginners
Avoiding Scams in the Crypto Market
Future of the Crypto Market
Closing Remarks and Announcements
