All Things Crypto Trading on 500x leverage

# All Things Crypto Trading on 500x leverage | 2025-12-09 | https://x.com/i/spaces/1OdKrOpAjaOGX | status: approved
# Speaker attributions verified via X captions, ECAPA voiceprints, and on-air handoffs where marked confirmed.

[0:00:00] Dave @DCBK2LA: All things crypto.
[0:00:04] Voice K: All things things crypto.
[0:00:11] Voice K: All things ESC instead of an hour. Markets move fast, we're the ones in power. Mike left, Charles Lit, Dave set the page. Every take a gem, every call a check. We don't follow trends. We... What create momentum from TradFi to ChainFi. We've been a system that talk TV. We talk tokens and truth. We don't miss the web. We are built up booth. We don't chase cards. We chase conviction. Every drop we coded, every mark in this. From the top to the street, it's pure ignition.
[0:00:56] Voice K: On charts, gains like deja vu. Discipline drive, he the balance of both. Body and bags, man's built on growth. Nat Nat. The track I wonder woman, man, woman tripping fundamentals. Traitor. She don't follow hype. She read and violin. Follin.
[0:02:28] Landy @CryptoLandy: You're not gonna bait me today.
[0:02:29] Voice K: Don't want you to hear. So grab your bags, tune your vision clear. This is all things crypto. Where legends appear, we don't take
[0:03:01] Dave @DCBK2LA: What's good, everybody? Welcome to the Tuesday edition of ATC. I gotta be honest. I'm sweating a little bit.
[0:03:12] Dave @DCBK2LA: Nana's never late. All you fuckers are normally late, but Nana ain't never late. What the hell? You know, hey, man. Like, these are just jokes. You know? Yeah. It was just jokes. Fuck.
[0:03:35] Dave @DCBK2LA: Fuck. Oh, man. Alright.
[0:03:43] Dave @DCBK2LA: Cool. Did I fuck up? Wait. You you didn't you didn't
[0:03:47] Kool @koolcryptovc: do anything crazy. Right? You you... Because you're always joking. I hope you... I mean, like I said, you... You're good. Right?
[0:03:54] Dave @DCBK2LA: I mean, I think so.
[0:03:58] Landy @CryptoLandy: Can't be that much of a joke when I'm staring at a you're invited to cohost message on my screen.
[0:04:03] Dave @DCBK2LA: What? Bro, you set me up? Oh my god. This is a setup out here.
[0:04:08] Landy @CryptoLandy: Yo. You know what's gonna happen? This is the official start of all things charts. Yeah. That's right. The competing ATC is gonna be born today. This is a mutiny, a revolution, if you will. Me and Nat, we're going off. We're doing our own thing. All things charts, we're gonna partner up with the wolf spaces to get it all rolling, baby. No. I'm just kidding. I freaking love you guys. Nat's probably late. She probably has baby stuff to do.
[0:04:37] Dave @DCBK2LA: Wait. What? Nat's never... Especially on a day like today. What if she's boycotting, guys?
[0:04:43] Landy @CryptoLandy: If she's... What if she's in the grease trap right now?
[0:04:46] Dave @DCBK2LA: If that's in
[0:04:47] Voice I: the grease...
[0:04:49] Dave @DCBK2LA: If that's in... If she pops in the next, like, thirty to sixty seconds, she was definitely in the grease trap and just fucking with me. That's for sure. That is for sure. And for those that are wondering about what Landy said, I did try and set up the puppet. I figured if I send him to co host and he accepts and that comes in, I figured I could just kill two birds with one stone. You know? I'm diabolical like that. You know? Also, I've been inside a good chunk of the day. It's freezing out of it. It's, like, two degrees in New York City right now, and I'm freezing my literal nuts off out here. Like, you know, I I took the dog for, like, a four... Like, a thirty second walk. And I'm like, that's enough now. Thank you. Guys, it's 05:35. I'm starting to sweat a little bit. I'm I'm I'm stressing out just a little bit. Okay? Just not... I mean, not like crazy, but, like, a little a little crazy. Somebody... Can somebody message the chat? Somebody message the chat. Please, someone message the chat.
[0:05:55] Dave @DCBK2LA: God. What do I do? These stupid things. Cool. I I gave you a gray beard in the process, bro. I hope you're happy. Your gray beard is in there.
[0:06:03] Kool @koolcryptovc: Sure. Sure. Sure. Let me... Is it there? Let me let me let me take a look. I've been sitting here. Let me see. Is it... Where where is it? In your post?
[0:06:09] Dave @DCBK2LA: Yeah, man. I even... I tagged you in it, bro.
[0:06:11] Kool @koolcryptovc: Alright. Alright. I wanna reach through right now. Let me see. Yeah. There we go. The the puppet. Let's go. Yeah, man. Embrace the gray, man. We don't we don't we don't dye the beard. Embrace the gray. Let's go.
[0:06:26] Dave @DCBK2LA: Yeah. That's a fact. Brett, can you throw, like, a stupid GIF in the in the in the chat, please? Like, a... I don't know. Like, a where are you GIF or something, bro?
[0:06:37] Bread @_ToastMalone: Not if you're gonna call it a GIF, bro. A GIF? Have that conversation again.
[0:06:41] Dave @DCBK2LA: I don't know. Is it a GIF?
[0:06:43] Voice I: Yes. Bro, you're losing the panel one by one. Holy crap.
[0:06:47] Bread @_ToastMalone: I'm very mad now.
[0:06:50] Dave @DCBK2LA: Wait a minute. Is this like a is this like a Latin revolution? X Factor's not here either.
[0:06:56] Voice I: Fuck. They're all front of their own space right now.
[0:07:00] Dave @DCBK2LA: Oh, is
[0:07:01] Bread @_ToastMalone: it a Spanish space?
[0:07:02] Dave @DCBK2LA: Imagine they went off and they started, like, crypto atollos. And we'd be like, what the fuck is this? Holy shit.
[0:07:12] Voice I: That'll be crazy. You're dead. It's now like I gotta have to do
[0:07:19] Dave @DCBK2LA: it. Oh my god. They're off doing crypto. Oh my god. Crypto for everyone. All things crypto. Oh my god. This is like a Spanish mutiny. I can't start the show. Okay? There's no way I am starting the show without Nat Nat here. It's impossible.
[0:07:37] Voice I: The best part is she's over here reposting this stuff to you.
[0:07:45] Dave @DCBK2LA: She ain't busy with... Bro, she's boycotting,
[0:07:47] Voice I: bro. Fuck. I freaking cried. Mean
[0:07:53] Dave @DCBK2LA: Dang. What did what
[0:07:54] Kool @koolcryptovc: what did you do, bro? What did you do?
[0:07:56] Dave @DCBK2LA: What? Cool. I mean, you know, they were just jokes, bro. It was just jokes.
[0:08:04] Landy @CryptoLandy: Dave. Dave.
[0:08:06] Dave @DCBK2LA: Oh, thank god.
[0:08:07] Landy @CryptoLandy: Relief is here. There you go.
[0:08:09] Dave @DCBK2LA: Oh, thank god. Landy, you cannot... No, Landy. You cannot cohost. Okay? No. You cannot cohost. Okay? Nat Nat is here, and Nat is the cohost of crypto... I thought... I mean, of all things crypto. Okay? So no, Landy.
[0:08:28] Kool @koolcryptovc: You can't Nat Nat Nat Dave Dave has been freaking out, man. He thought you left you... The wolf space for good. He thought you created your own Spanish spaces with the wolf team. I mean, what what?
[0:08:39] Dave @DCBK2LA: Did Dave do something to you, man? What did you... What did Dave do? She declined the call.
[0:08:44] MetaBeast @AKCMetaBeast: How's that she left? Are you serious?
[0:08:46] Dave @DCBK2LA: Bro, all my life. I swear to god. Yo. That's hilarious. God, bro.
[0:08:51] Landy @CryptoLandy: She she heard you try
[0:08:52] Voice I: to throw me under the bus.
[0:08:54] Kool @koolcryptovc: It's it's it's by network, man. It's by by network. Me... It's by network. Me by network.
[0:08:59] Landy @CryptoLandy: No. No. No. No. No. Nothing to do with the network. You see, the thing is is Nat Nat knows how to hedge. She hedges in markets, in life. She knows how to set things up in the proper way. She heard what Dave was trying to do the little puppet up here, and she knows that love's gotta stick together.
[0:09:17] Dave @DCBK2LA: Oh, thank god. Oh, thank god she's here.
[0:09:24] Dave @DCBK2LA: Hello, Nat. How are you?
[0:09:31] Bread @_ToastMalone: No, It sounds like to me.
[0:09:34] Dave @DCBK2LA: Why does she keep dropping down and declining the cohost? What's... What
[0:09:38] Kool @koolcryptovc: It it be network, man. So so now he says, you know, when when we cohost on the weekend, he can't co host sometimes.
[0:09:46] Dave @DCBK2LA: That's a...
[0:09:47] Kool @koolcryptovc: I was so mean, he's not...
[0:09:48] Voice I: He cannot
[0:09:49] Landy @CryptoLandy: be the friend that isn't gonna tell the other friend the truth right now.
[0:09:53] Dave @DCBK2LA: I'm a so mean. I don't know, man. I don't I don't know what Dave do... Dave, man. What what what did you do, bro? I'm... This is not yo. Nat's messing with me, bro. Like, I'm not I'm not doing this. Like, I think... If you think I'm a sick individual, then... Like, what Nat Nat is doing right now is not right, bro. Like, she's doing this on... I sent her... She can accept the co host invite, but now she's dropping down making it seem like I'm doing this, bro.
[0:10:16] NatNat @Natnatx007: He's kicking me off the cohost just so you guys know. So he's spending it and
[0:10:20] Dave @DCBK2LA: then Oh god.
[0:10:21] NatNat @Natnatx007: Replying it and then sending
[0:10:22] Dave @DCBK2LA: it to my god.
[0:10:23] NatNat @Natnatx007: I'm kidding. I am kidding. I am having connection issues. We have a really bad weather here today. It's snowing out every... Out the house today. My bad guys. But going back to what you were what you were saying, you were apologizing to me because I'm the best cohost you ever had in the world and I cannot
[0:10:38] Dave @DCBK2LA: really Yeah.
[0:10:39] NatNat @Natnatx007: Yeah. Go ahead.
[0:10:40] Dave @DCBK2LA: Yeah. Yes. That's exactly what I was saying. I was like, thank god you're here. The show cannot go on, obviously, without Wonder Woman. It is impossible. Landy's being like, send me cohost. I'm like, no, Landy. No. I will
[0:10:52] Kool @koolcryptovc: not send
[0:10:53] Dave @DCBK2LA: you cohost. I refuse to do that, Landy. Okay?
[0:10:56] Landy @CryptoLandy: In that co host position.
[0:10:58] Dave @DCBK2LA: You are
[0:10:58] Landy @CryptoLandy: not ready that chalkboard for him.
[0:11:00] Dave @DCBK2LA: You are not you are not
[0:11:01] Landy @CryptoLandy: gonna convince to the bus.
[0:11:04] Dave @DCBK2LA: Now he said that you were off trying to... Wait. Now do you want me to send you to co host or no? Like, you you gonna run?
[0:11:10] NatNat @Natnatx007: Let's try one more time.
[0:11:11] MetaBeast @AKCMetaBeast: Okay.
[0:11:12] Dave @DCBK2LA: If that's okay. Yeah. Landy was like, send me the co host. I was like, no. He was like, if you don't... He's like, if you don't, then me and Nat are gonna go draw our squiggly lines elsewhere, and we're gonna call our our our show. Not like all things charging. He even said the Spanish name. He was like, crypto a todos. And we were like, what? That is crazy.
[0:11:32] NatNat @Natnatx007: Damn, Landy. For real?
[0:11:35] Landy @CryptoLandy: That... You're gonna enjoy listening to the first part of this show. Let's just put it that way because
[0:11:41] Dave @DCBK2LA: What recording?
[0:11:41] Landy @CryptoLandy: Boy, was Dave sweating just profusely. You could see you could see the PFP, the eyes bugged out a little bit further. It was weird. I had never seen a PFP, Jay. I didn't know we had live PFPs on x, but apparently, we do.
[0:11:59] Dave @DCBK2LA: I wasn't stressed. Don't make it... Like, was like, a crazy... I was not like...
[0:12:02] NatNat @Natnatx007: Hours...... Looks stressed.
[0:12:04] Dave @DCBK2LA: No. I'm fine, bro. I'm fine. You know? Yeah. Like, I'm I'm, you know, I'm... For lack of a better term, I'm cool. I'm cool.
[0:12:13] Bread @_ToastMalone: I think your PFP looks like it kinda needs, like, a shoulder neck massage maybe. Like, just kinda, like, you know, let it let it hang a little bit, bro. Maybe some hot stones?
[0:12:23] Dave @DCBK2LA: Yeah. Maybe. You're right. It does maybe seem like that. Yeah. But I I was fine. You know? I I was I was okay. I mean, yeah, whatever. Fine.
[0:12:35] Kool @koolcryptovc: So I do I do have a question. I I... A question for Landy and and and Aetna. Right? So I I... As you guys know, I've I've been trading, you know, playing with, learning, all that stuff. So is it possible to make $500 a wall cap per day? And what what... Not just... I just... My brain is just running. I know people do with interesting things in trading, but what do you think you need to do to make that much money, man, every single day?
[0:13:03] NatNat @Natnatx007: You needed not... You need to trade other assets, not just Bitcoin. Especially, recently, with big... With Bitcoin being stagnant and not being as volatile as as it used to be. Right? You need other assets that... That's going to give you that massive move up and that massive move down because you you you need that... Those moves in order for you to make the consistent gains on a day to day basis. So, like, a lot of people, what they do is they have a group of assets that they trade. So they do they do BTC, but they also do, like, other other coins. Like, they do Ethereum. Solana has been getting a lot of trades lately, so stuff like that. And, also, one one one very interesting play that I noticed a lot of people have been making money on, like, on a daily basis, like like like you're looking for, the... On Solana daily, there's, like, BS coins that launch on a day to day basis. Right? We all know a lot of them are going to zero. So it's just about, like, finding the right time to short them. But if you're able to do... I know I know someone that makes a lot of money doing that. Right? And he just waits for for them to, like, run out of gas and then enters a massive position and then shorts shorts them to hell. Right? But at the same time, because it is Solana, sometimes they can go higher than you expect them to, and that's where you get wrecked. So you kinda do have to be careful. But if you're looking for, like, quick trades or or or trades that can give you money on the upside, trades that can give you money on the downside, on a day to day consistent basis, I think that's one key area to look into.
[0:14:32] Dave @DCBK2LA: Cool. How how much of this are you realistically doing, bro? Like, you scare me. Like, I know we might have... We... I might have been like, yo. It might be intervention time for coma and his prediction habit.
[0:14:42] Kool @koolcryptovc: He's No. No. No. So I've I've been I've been... So like I say, I I I have a very obsessive personality. Right? And that's why I don't do drugs. Don't do drugs, kids. That'll mess you up. But I have a very obsessive personality, I I like to read. I like to research. I could spend eight hours reading about something. So I've been going crazy with trading for the past couple of weeks now. You guys was... I... I've been posting wins and losses on my timeline and just learning every day, learn... I've been trading for four years now, but but I'm taking seriously now. I don't know why I go to phases where I need something to go crazy on, and this is my... This... And and this is what it is. So recently, just, you know, thinking, learning, so... No. I I do... I've I've used between $1 to $10 capital trade, but I wanna be more consistent now in a long basis. I I want to lower my 500 x madness. I don't do that anymore. I don't recommend you for doing that, but I I know people do do use a much higher capital and very, very low leverage. And they just... Yeah. They're looking for one to 2% per day. And I'm like, holy shit. Like, that's actually possible. And for you to for you to just... You you don't... You're you're not looking for no crazy position. You just want one, two, 3% gain per day, and that's enough to net you almost a 185 k per year. It it... No.... 50%.
[0:16:10] NatNat @Natnatx007: Yeah. The only thing with that, because it is trading, you have to keep in mind the more candles you chase or or the more trades you do, the greater your chances are at inquiring losses. Right? Because it's a numbers game. So let's say you you do 10 trades. The more trade... The the higher you go, the the greater your percentage of losses, become. Right? So you kinda do have to be careful with that. Like, for me, what I'm able to do and how I'm able to sustain it on a on a week to week basis with... Without getting too heavy heavy of a loss is, for me, Bitcoin is the easiest trade. Granted, like, we've seen this this week, it's been stagnant trading between... It... It's been trading in a zone, and for me, that's the best time to trade. Right? Because it's been going... It's been hitting that 94 pocket and then back down to eight... To the eighties and then back up and then back down. So now we're at this very interesting area is if we do get volume, it's picking up a little bit. It it was high earlier today, right, with FOMC tomorrow. I think hedging would be the best way to position yourself for for a play for a play like that. But overall, BTC is the cleanest chart to trade. And for me, personally, I don't do it I don't do... I I don't do it on a day to day basis. Like, for me, it's more like more like weekly returns versus daily returns because the more the more trades you take in a shorter period, the more chances you have of hitting back the the horrible losses.
[0:17:32] Dave @DCBK2LA: Go ahead, Lindy.
[0:17:34] Landy @CryptoLandy: Well, cool. It sounds like the situation with your friend has led to you seeking an outlet, and that outlet is 500 x leverage trading for the past couple of weeks. I'm sorry. But, look, I do understand the addiction to trading. I have been trading for freaking twenty... We're gonna go on twenty seven years pretty soon. What I can... This is the advice that I can offer you. The more amount... The higher amount of capital that you're going to use usually will result in a longer than scalp type of trade. Because it's much easier for you to go in and gamble, you know, on 500 x leverage with a small amount of money. Once you start doing that with a larger amount of money, even turning the leverage down, you're gonna you're gonna find that, the setups that you're gonna seek aren't gonna be the ones that you're gonna want. Because if you're chasing a specific number per day, you're gonna find that you're probably gonna be better off getting into swing positions or swing trades, are typically gonna be longer than twenty four hours. Not always, but definitely shorter than the five to ten minutes or or the hour that you are getting in and out of trades when you're using larger amounts of capital. So I rotate through three assets every day that I will actively trade for a day trade only if the setups suit. Right? And once I've locked in my first take profit, I move my stop to profit, and then I will, ride out that trade to my next three take profits. Usually, it will be first take profit, I move my stop. That's usually to cover for any kind of fees. Second take profit is where we're starting to get into substantial amounts of gains. Third's take profit is typically the last take profit area before I have a trailing stop that kicks in that will take me out of the trade.
[0:19:56] Landy @CryptoLandy: And that's if I'm doing a day trade. Sometimes those will turn into more than twenty four hours for the trade. If you're doing any kind of trading and you're moving from high leverage, shorter term time frame trades to a longer, higher capital, lower leverage style, understand that the mindset is completely different. And you need to have very stringent rules that you follow for taking your trades and for your risk to reward. This is where you have to have a trading plan in place. You can't yellow it because you're risking a lot higher amounts of capital, and it's not... It it... You will find out very quickly, and you already know this, I suspect, that it's not a game once you start getting into larger amounts of money. But you can absolutely make way, way, way more than 500 to $1,000 a day. It's how much time and money do you put in. And if you wanna average at the end of the week in longer term trades, that's usually gonna be the safer bet where you could protect yourself.
[0:21:09] Landy @CryptoLandy: And then you can kinda go from there. But you can absolutely scalp trade and make a lot of money as well with, you know, moderate to high leverage. Searching the setups, look, there's no money like short money. When you see something blasting off to... Rocketing to outer space and you see that it starts to slow down, you can absolutely scalp it to the downside. You just have to be careful like Nat said, especially with, like, low liquidity shitcoins, excuse my language, that you could absolutely get blown out of that position. So you need to make sure that you... That you're using a a centralized exchange or a decentralized exchange, PerpDex, that you trust that will execute your orders and your stops and everything else as well. So at the end of the day, what you're doing is you're trying to protect your capital and and build more capital. And over time, what you will find is that your leverage will come down no matter what because anything over... Shit. Anything over 30 x is... It's... I would say anything over 10 x is you're you're kinda gambling because those fees add up quickly for borrowing that money.
[0:22:22] Dave @DCBK2LA: Copy. Lot... Well, cool. Have you been successful so far doing this?
[0:22:28] Kool @koolcryptovc: Yes. So... Yeah. So I've been I've been trading the one minute to five minutes chart. Just taking many, many trades, use it in Phoenix in advance. Like I said, I... I'm actually documenting my journey little by little. We we we... As I do, like, a, like, a mini trading show every day now, like, twenty minutes twenty twenty minutes per day after my after my my initial four... Forty minute show was done. We just kinda jump in. So I've been I've been playing with this stuff. Right? It's just... And like I said, I like to test stuff, and I think, like Landy said, he's a 100% correct. My my mindset is different when I do use lots of capital. When I use small capital, I don't give a damn. $5, $10. 500 x leverage, I make quick easy money. I lose it. I make it. But like you said, I will... I I did that one time. I did... Will never do that again. It was it was midnight. I was kinda drinking some ginger juice. Kids are sleeping. I was, you know what? I'm gonna go 5 Randex on, like, couple grand in less than two... In less than, like, twenty... Seconds, I've... I lost 30% of my money. Just evaporate. I was like, yo. I I... Like I said, bad decision. Of course, I've... I haven't done that in, like, forever. So I... Like I said, I think for me, you know, like like Landon said, discipline with this training stuff is for real, man. Oh my god. So like I said, I'm just... I'm I'm learning. I I don't I don't say I know everything. I have been successful so far because I am learning the the the crosses and the moving averages and the MACD and the RSI and the time frames. I'm learning all of this stuff. So... But I think I'm taking most seriously now. I'm probably gonna start using most of us higher capital. Maybe I'll give myself another month or two months before I start start heavy. But I just I just thought, you know, to to to pick the brain of Nat Nat and and Landy. I know they're really heavy in trading, but it... It's it's a good way to make money if you are smart and you're patient. And I think I'm just learning this every single day, bro.
[0:24:39] NatNat @Natnatx007: And consistency, cool. Right? Because you have to be consistent with it. The first few times, you may not get it all the way all the way right, but then as you grow, as you progress, then it becomes better and better and better. Better. Right? But the the key is being consistent at it. And you'll see over time, the little gains will add up.
[0:24:56] Kool @koolcryptovc: Yeah. I am very I am very surprised that Dave is in trade because you have that very strong trading background, man. I'm very surprised you don't trade markets at all.
[0:25:06] Dave @DCBK2LA: Cool. I did I did I did in 2021, bro. I was very, very heavy, bro. It was my best my best year, but it was also the most stressful year
[0:25:14] Landy @CryptoLandy: ever. Right? Like Dave is far too emotional to be trading. He's gonna... He would absolutely be destroyed. He would destroy himself.
[0:25:22] Dave @DCBK2LA: No. No. So so here's the... This is what's crazy. This is why I'm such a, like, I'm such a yin and yang. Like, when it comes to TradeBro, like, I had to be disciplined on the trading desk. Right? So, like, when I discovered crypto, this is why, like, in 2021, I was winning almost every trade. Like, it was it was kinda crazy. Right? But I was also putting in a shit ton of time. It was incredible. But then when 2022 came, like, the... I... It was my first cycle. Right? Like, my first... That was my first year in crypto, and I was just like like, I'm averaging down on on altcoins that are just never... That are not they're not bouncing. Right? Like, nothing's happening, and I'm just like, in in the stock market, you got a 5% move. Like, you're like, oh my god. Or, a 10% move on the Nasdaq stock. You're like, what? There's circuit breakers in place. Like, you know, I'm seeing the orders come in, and I didn't have the presence of mind to, like, really differentiate that. You know what I'm saying? So, like, in my brain, I'm like, holy cow. But, like, when it comes to trading, super, super disciplined. I just have to apply myself. Right? Like... And I've done it, and I've done it super successfully. I genuinely choose not to do it anymore because, like, it was too much. Right? Like, I'd much rather be doing this.
[0:26:30] NatNat @Natnatx007: And you're and you're right, Dave. It is stressful. Like, whoever tells you that trading doesn't have a certain amount of stress added to it is not being stressful. Right? Because we we all... At some point, you get into a trade, and we all have that trade that doesn't go our way. We all have that trade that takes a little longer to get to where it needs to be. We all have those moment of of... That that, you know, our stop losses get hit, and we don't feel okay about that. Right? So there is definitely a certain amount of stress added to it for sure.
[0:27:01] Landy @CryptoLandy: Well, I... Look. And and I I don't doubt that you weren't successful. Right? I I guarantee you were successful. Like, you... We've had conversations. You understand the market. You understand where things are going. And if you got into it, you could absolutely trade, Dave. My point being that the kind of person that I've observed in the past, I don't know, two years or whatever it is, is the kind of person that would be sweating over those trades even though you're winning them, even when you're in a win. Like, just con... That constant stress build... Building up on you. What I can tell you is... And that maybe it's just me. I'm to the point where I feel nothing. I feel nothing in in these... In the market, in the chart.
[0:27:45] NatNat @Natnatx007: Well, no. Nothing in the chart.... Absolutely right. If you're not dead inside, you're kinda doing it wrong, but not everyone is like that. Right, Lenny? Not not everyone is like the the the squirrel crew. Right? Not everyone is like us. A lot of people, you know, they get stressed out of every move, of every
[0:28:01] Dave @DCBK2LA: red candle.
[0:28:03] Voice I: Well Or
[0:28:04] NatNat @Natnatx007: or if they're short, they they say they see a green candle format, and they they already get stressed out. Right? So I... That's what
[0:28:10] Landy @CryptoLandy: This is where... Well, Nat, you you know, like, people who play poker, and they'll go through, a big loss streak and then a big win streak, and they just never ever change. Like, they just... Like, some of the most successful poker players, they just kind of are... They're dead inside. They've made a ton of money. They've lost a ton of money. They've been through the wringer. They've been kicked out. They're back on. They might even removed them from tournaments and removed them from casinos, and now they're back. And, like, some of the most... That's the one thing that I do know about, like, gamblers and traders where there is a common through line, but there's a difference because a lot of people fancy themselves as traders when they're actually amateur gamblers. And they don't understand that there's a system that you must employ. And that system is what takes the emotion out of it. Right, Nat? Like, if you don't have a system in place, you will sweat in a big win, and then you'll miss taking your profits when you should be taking profits too because you start to get emotionally attached to number go up in your trade, whether the market's up or down, whatever direction you've traded. When the number's going up, people then start to disregard their system. And then they say... Or they'll get a win, and they'll look back and say, man, I could have won so much bigger. And then the next trade, they they screw up. And then then the next one because then they chase the bigger win. Like, oh, well, if I just held that trade, I could have made x amount more, right, instead of, like, staying rigid to a system and then expanding on that system over time with strategies like you and I talk about, Nat, like hedging on the other side of that trade. And that's where we start to get to... You don't... Then when you're hedged, you never sweat. You're just winning.
[0:30:10] NatNat @Natnatx007: But even with hedging, though... And and I I know some people that do hedge, but they still stress because you still have to know when to exit the other side. Right? And I think I think that's a different conversation, though, Lenny, because I I don't think everyone is on at that level. Like, you and I, we can we can literally just be cold hearted, like, a... Take a few trades, hedge on one side, and then go about our day, not let it, like, not even break a sweat, like you said. But for the majority of people, they they don't know how to handle their emotions just yet. Right? And part of and part of that, it comes with discipline, and it comes with time, and it comes with some consistency. And like we say, right, it comes with time in the market.
[0:30:48] Dave @DCBK2LA: Yeah. Let's go to... Oleg got his hand up. Oleg, welcome, man. What's up, bro?
[0:30:53] Voice H: Yo. Good evening for me. It's twelve in the night. I will go to bed soon, but I'm glad I was still here for this speech because that is very painful for me right now to actually admit. I was today 100... Over a 100% up in a trade, obviously, level... Leverage trading. I put my stop loss above, you know, my entry, so I cannot lose. That was my mentality. And I didn't took any fucking profit. And guess what? Stop loss got hit, and I lost... Well, nothing, but, you know, I I didn't made money. And it was exactly what Lenny just said. And, you know, it's it's stupid that I did this, But this is the... Like, I'm trading now for a week, and I'm... You know, I'm... I have a trading challenge right now. I started with $1,000, and now I'm at 1,160, which is already, like, crazy gains. Imagine, like, starting with 1,000. I mean, this this is trading challenge I do, you know, publicly. But still, I feel so stupid that, you know, I could have made today nice gains, and it's exactly the learning and the... What I needed to hear right now from Landy. And also, cool, you are in the... I mean, you are probably far... Like, way more in your journey than me. But to see you asking these questions to Nat Nat, Dave, and Landy, it gives me, like, you know, the... Like, some sort of feeling that I can also do it, and I need to learn not to get emotional. This is the... As Landy said, this is the the the hardest part, to be honest. And, you know, guys, I was one... Over 100% in up, you know, up. I could have just took, like, some, you know, like, some profits as you said, but the strategy, I need to first understand. So when... How much I take? Like, percent, 20%, I don't know. I have to learn this still. And, of course, like, you know, I I trade assisted with an AI agent that tells me, like, you know, helps me about, like, when it is oversold. It tells me, you know, where, you know, like, these barriers are, where, like, people sell or, you know, this is this is very helpful, especially as a beginner. And... But what is not good as beginner, and even the trading agent can't help me with that, is the emotional side. It helps me. It tells me, like, don't fucking, like, short now or, like, buy. But still, I always see myself like I'm shorting now because it looks... The chart looks like, yes, man. I I need to short or I need to long.
[0:33:31] NatNat @Natnatx007: Yeah. It's that it's that discipline, and that comes with... Like I said, right, it comes with time in the market, Ole. Like, you'll notice that as you progress through your trading career and as you... And you and you give yourself some more time, it... It'll be less emotional for you. Right? And it'll be somewhat automatic when you you hit these points. You're like, okay. Take my... I know... And now at this point, I know I know better. Let me just take my profit here. Even though it might continue to go higher, do whatever it's going to do, but this is my stop. This is my take profit. Let me just take profit here. Right? And and I think as you progress, you'll get better at that. Because I know... I I can probably say... Lanny might might most likely agree with this. Right? Your take profit is your take profit no matter what. Right? Even if it continues to go higher, you take your profit because we all have have had that learning lesson where we hold on a little bit and say, okay. It might go higher. And then maybe it does go higher, but then you you... The next candle is the one that gets you. Right?
[0:34:25] Dave @DCBK2LA: So just be... Yeah. Sorry now.
[0:34:28] NatNat @Natnatx007: So just stay disciplined, and and don't be so hard on yourself. Right? Understand that you're new. You're still learning. Have a journal. Have a notebook, and write all of these things down. And as you progress, you'll get better.
[0:34:39] Dave @DCBK2LA: And... Tell me you're not. Tell me you're 25 without telling me you're
[0:34:42] NatNat @Natnatx007: not 25.
[0:34:43] Landy @CryptoLandy: Well, yeah, I'm I'm gonna give you some some real quick alpha on trading. First off, what Nat said is when you... You have a single take profit, that is your take profit. It doesn't matter what happens. Once it's hit, you look for the next trade. That's it. There's always another trade. These are twenty four seven markets. You can trade the majors here on leverage, and they're much more predictable than some of these little crap coins that are everywhere. Right? So the biggest thing is it... It's all dependent on what is your strategy. Are you just gonna trade for, you know, fifteen, twenty minute candles and then jump to the lower term time frames and trade that move, or are you trading a longer term time frame? You need to context why you're taking the trade. If you don't know why you're taking the trade, you don't take the trade. Alright? The other thing is you need to know your... What... Where you wanna enter, where you're gonna place your stop, where you're gonna take your profits. If it's one take profit, like Nat said, you take the profit. I don't care if it runs. I don't care if Bitcoin goes to a billion dollars tomorrow and you're kicking yourself. You take profit because guess what? If it went to a billion dollars, it's probably gonna come down really, really hard. You can make a lot more money on the downside in the next trade. Right? But the point is is you define that. I personally work on either a a a three to four take profit strategy, but my strategy isn't gonna be your strategy. But I'll give you some quick... I... I'll give you a quick idea of why. Because I trade with... We'll we'll call it a larger amount lower leverage. So when I enter a trade, it's planned out from a higher term time frame, and I jump into the lower term time frames for positioning purposes. When I get into a trade, I have my my, stop loss that does not move. You don't move your stop loss. Once it's set at your entry and away from your entry, that is your stop loss. You don't go, well, I'll give it a little more room and then move your stop down. Your stop should only ever move up. Once that's in, I have my three to four take profit zones. My first take profit is always to cover fees. Look. If you're doing smaller amounts, you have to be careful. The higher leverage that you have, the more fees you're gonna generate right off the bat. Depends on on if if it's it's a a market order or a limit order. Know what you're getting into and understand the fee structure for where it is that you're trading because that can eat into your profit, especially in smaller amounts. But even in larger amounts that you're trading with. So cool. Larger amounts. Be careful. My first take profit is always to cover, get me a little bit of profit plus cover fees for, if my stop is hit and for my entry fees into that trade. That's always my first take profit. The second one's where I'm actually getting into the meat of taking profit. You define the percentages. You wanna do it in thirds. You wanna do it in quarters. I don't know. Depends on what it is that you have. You have to do the math on that. And then as those take profits are hit, great. Once my first take profit is hit, what I will tell you, and this will stop a lot of newer traders out of their trades, I moved my stop in a profit. A lot of newer traders will get stopped out mainly because you're probably gonna be trading lower term time frames versus me on a higher term time frame where my stop's not gonna get hit. So if you were to employ my strategy, you'd probably get taken out of trades constantly, and you'd end up negative with fees. So that's where you need to define this. So if I'm lower term time frame, I've got my stop, I've got my entry, and I've got my take profit if I'm working lower term time frames because I'm gonna be in and out of that trade as quick as possible. If I move my stop up and it's five minute candles and it takes my stop out that I moved to profit, I'm probably gonna lose on that trade because I'm gonna end up paying fees to the exchanges or the perp decks. So...
[0:38:48] Dave @DCBK2LA: Right. But, Lendi, like, what... Yeah. The the... Like, a 100... I I I love everything you guys are saying. I think the biggest thing that I really want to emphasize here is when you play with a bigger bag and lower leverage, that gives you a lot more freedom.
[0:39:03] NatNat @Natnatx007: Gives you more breathing room. Right. And that is one thing... Yeah. And everything is a lot easier. Right? That's one thing that I mentioned that we talk about a lot on the other spaces. Right? Where retail goes wrong is that they think greed first. Right? The the first thing come... That comes to your mind when you're like, oh my gosh. I can make this amount of money and this amount of time. But here's one thing. Right? Greed will 100% wreck you. Okay? Again, greed will 100% wreck you. Doesn't matter how long you've been doing it. If you deviate from the discipline, if you deviate from your strategy, you get greedy, you will get wrecked. Right? And especially with, the retail the retail traders and this leverage. Right? So I don't know why, but a a lot of these conversations I'm hearing, a lot of people, they do, like, max margin and max leverage. Right? Both can't be at max because you're not giving yourself enough room. You're not giving the chart or the price action enough room to breathe. You are giving... You are you are gonna make the the exchange rich by all the fees and then all the money that they're gonna take from you and make out of you a 100%. Right? But you're not gonna be profitable, like, profitable. I want Max Payne.
[0:40:20] Dave @DCBK2LA: Max Payne.
[0:40:20] Landy @CryptoLandy: Give me
[0:40:21] NatNat @Natnatx007: that. You are gonna... Absolutely. You are gonna get Max Payne.
[0:40:24] Voice I: You Max Payne? Want Max Payne?
[0:40:26] Landy @CryptoLandy: I'm gonna give you guys a a cautionary story, and this is about people like me. And I'm being 100% serious when I say this. I will go on smaller illiquid things, and I will move that chart against you. And I will take your liquidity. And the whole thing is is I'm there to to get people out and take as much from that pool as possible. And I'm not joking when I say this. People think I'm joking. Oh, puppet. Why do you think I'm on stages or was on stages prior calling out, hey. There's gonna be high volume candles coming in. If you see, you better get out now. And then people going,
[0:41:03] Voice I: oh, well, you tell me to wait. I'm bidding here.
[0:41:05] Landy @CryptoLandy: And I'm like, yeah. It's probably not a good idea because I'm the one hunting you at that point. Right? So you have to understand if you're high leverage and and your max margin, you are the easiest target. I barely have to put anything in that trade to take your money right out. And then you're helping to accelerate it in the direction that I wanna take it. If you're on the short side, high leverage max margin, I can start bidding you out of your position. As soon as it starts hitting that, it's gonna cascade the rest of the retail that's doing the same thing. And then Okay.
[0:41:40] Voice I: Wait. Stop keep stop running.
[0:41:42] Dave @DCBK2LA: Forward down. What do... What what can we do to avoid you? What you
[0:41:46] NatNat @Natnatx007: want to do to avoid you? Don't don't trade high... Don't drink... Don't trade max margin impact leverage at the same time.
[0:41:52] Landy @CryptoLandy: That's the point.
[0:41:52] Dave @DCBK2LA: But... Or illiquid shit. Yeah.
[0:41:54] Landy @CryptoLandy: Got you. Okay. And be aware of the liquidity. This is the other thing. So, you know, I I was on one of the stages that that will not be named, of course, Dave, where somebody mentioned inverse trading or CoinM. Right? That's where, you know, you you can trade Bitcoin for more Bitcoin. That's the payout. It's not you put Bitcoin in, you're trading Bitcoin to Bitcoin. Right? And they were mentioning CoinM. And I was like, just so you know, if you're in The United States, you can't use the big boys. You can't use Binance. You can't use Bybit. So for someone that's going in with size, there's people who are gonna hunt them because these have smaller liquidity pools on these little Mickey Mouse exchanges. Excuse my language, but that's the reality. So you have to understand the context of what it is that you're trading. So the safest thing to trade in the crypto space is Bitcoin on a large exchange. And that's going to... You know, some of these perp taxes, they're super illiquid. You go and you look in their liquidity pool, they got nothing. Just because it's Bitcoin doesn't mean that they have enough liquidity. And let's say you're throwing in $1,015,000 dollars and you're on five x leverage. I'm low leverage. I've got, you know, a little moderate sized bag. I'm trading with, a half to a... To to point $7.05 Bitcoin. I'm up. And then all of a sudden, you get hunted right out of that position because there's not enough liquidity there. And that's why liquidity matters in this space, and it really... We're... We... We're really short on liquidity and crypto in general. But you wanna go where the where the largest liquidity is and the safest to trade asset while you're learning. And trade it in USDT, not CoinM or USDC, and I would say even USDT because those pools are way bigger than USDC. The PerpDexes. I know everybody loves the PerpDexes, but Avantis and this one and HyperLiquid and that one, I'm sorry, but they're not as HyperLiquid as you think they are because all of that shit is all over these different pools everywhere. And then once you kick off a cascade in one, it starts to bulldoze through the rest of the pools. Right? And this happens with every perp decks. Now Hyperliquid's one of the better ones. Avantis has some good liquidity. We've got a few others that have decent liquidity. But, again, if you're learning, you're also paying those on chain fees in addition to maker taker fees. So all of these things are things that you need to be cognizant of. And one of the reasons why centralized exchanges are still the place that a lot of people go. If you have access to Binance in your country, it's still the best exchange to trade on. I'm sorry. Like, there's no one can hold a candle to it in terms of liquidity, especially for Bitcoin and Ethereum. And that's what you wanna be in on, to be quite honest. But if you're doing things like perp decks challenges and stuff like that, just be very, very careful. Turn the leverage down. Turn the margin down. Get your system down. Once you understand what it is that you wanna do and why you're doing it, you can build a system around it. You can stick to that, and you don't have to worry. You set your stops, you set your stake... Your take profits, and you just watch it go. It's either gonna hit or not. And if you win or lose, just remember, don't worry about it. There's always the next trade. That's it. You just go on to the next one.
[0:45:22] NatNat @Natnatx007: And, guys, one one one thing to note. Right? And here's here's why it's so important to not have, like... In addition to what Landy said. Right? So let's say you're doing max margin and you're doing max leverage. Some of these corp taxes, they give you a breathing room of three k. Some even worse, you get a breathing room of, like, two k. We know the... That BTC candle. We've all... Right? We've seen those five k candles, those six k candles. It's just go... It goes, takes you out of the position, and then runs right back up to where you thought it was going to go. Right? So you... Your stop loss was somebody else's entry. Right? Where you got stopped at at, a professional trader entered there and made money on the way up. Right? But if you give yourself more breathing room. Right? So let's say you do low margin, and then let's say you do, I don't know, like, a 10 x or a 20 x. Right? You give yourself more breathing room. Right? Some of these, perpetrated decks, the the... They give you an average of... If you do it like that, you go from that three k to two k breathing room. You go for... You go to, like, almost 10 k breathing room, maybe even more depending on how low your margin is. Right? So I... And and that gives you you more room to play around. That gives you more room like, sit back, and it eases up the stress. Right? Because if you're mad from both sides, I can imagine you losing your hair with every candle. Right? Because we know these Bitcoin candles and how they can get. Right? So you need to allow... You need you need your your chart to breathe. You need your position to breathe. Granted, it's not going to make you rich overnight. Right? But you will sustain. You will get to a point where you're you're you're compounding your gains on a consistent basis. Right? Because we all know someone that that was successful trading high margin, high leverage, but it's always for a period of time. When you check up on them, it's like, what happened, bro? I got washed out. Right? Because there's no discipline behind that. You just max max all day long and just... And at some point, your luck runs out because there's no strategy behind it. And it's hard to build a strategy and stay disciplined when you have no breathing room. So that's that's what a lot of us do. Right? We we make sure that when we enter a position, we have our stop losses, we have our take profit, and we give we give... We allow ourselves a a nice cushion or breathing room in our charts and in our position.
[0:47:46] Landy @CryptoLandy: And one last thing. Cool. One last thing, and then I wanna hear everybody else because I've been talking too much. I always do. But here's... If there is no trades to be had, you can't identify a setup, and you're sitting on stables, guess what? Earn on those stables. Go put them in a pool somewhere that doesn't have a cool down, meaning it doesn't have a, you know, a lockup period or or an unstake period, and let it earn you something so you feel like, hey. At least I'm doing something. And it's not just sitting there tempting you to take a trade that might not be the setup that you're looking for. Right? That's the biggest thing is take idle capital. If you're not gonna use it and earn with it so you can feel better about it. You're not losing anything. It's working for you. You don't even have to do anything.
[0:48:38] Kool @koolcryptovc: No. I I I would say, thanks guys for definitely the advice, definitely. But I would just like to add, anyone, you know, trying to start train journey, I would advise you just to practice. Real money, very small capital, practice, practice, practice. Your... As... If you are busy, when you're free, just do it on the weekend. On a weekday, our our market is twenty four seven. You could you could build up confidence. And I think... I I do have a long way to go, but I think practice would would would would would give you the the confidence to to take the trades that will make you money, man. But I think, like, Natna said, a 100% agree to you. Where people fail is they wanna they wanna be rich today. Landy just said he's been he's been training for twenty freaking years, man. Natna has been training for many, many, many years too. So a lot of... These guys have been in the game for a long time. And, of course, crypto Twitter does have that thing where people post their wins. They never post their losses. So you think trading is easy. As a matter of fact, based on my research so far recently is they said ninety percent of traders lose money. Ninety percent of traders lose money, which means that the ten percent are are the people that probably are more patients. They are... They understand the game. They don't rush to make money, and they're in it for the long term. And I think that... That's the advice for anyone that wants to start trading. If you understand the game, you understand that, look, you're not gonna be rich today. But if you... Because for me right now, I'm not trying to make money. Yeah. You guys... Like, I'm... When when I post about 500 index, I'm just kinda messing around. I'm using very, very small money. But I am genuinely spending hours watching use... YouTube videos, genuinely using AI and and learning all the candles and the setups and all these indicators. I'm actually treating this shit like I'm going back to school. No joke, man. I I told you guys already. I'm very I'm I'm very obsessive, and that's why I I I become successful eventually. It does take a long time, but I have notes and pens and homeworks. I'm studying every day. I'm I'm actually dreaming about charts at night, you know, when I... When I'm in bed. I am Wow.
[0:50:54] Landy @CryptoLandy: Yes. Yes.
[0:50:56] Dave @DCBK2LA: I'm... Oh, no.
[0:50:57] Kool @koolcryptovc: So so I'm I'm... Because I I I I like... If I don't know something, I wanna know why I fail. I wanna know why I succeed. I I need to understand it because then I could teach people this stuff. Right? And I mean, that... I mean, that's the direction I'm going. I don't know, man. I like I like I like to give myself a challenge. Like I said, I treat this thing like homework. I'm actually learning pen and paper every day, and you don't learn by just watching videos. You need to trade. Like like I said, use small small amount of money at first.
[0:51:29] Landy @CryptoLandy: You can pay for trade too. You can pay
[0:51:32] Kool @koolcryptovc: for trade too. Yeah. Paper trading, I honestly agree with that. But but if you don't have the capital to start with, I definitely use the paper trading. But me, have the capitals. I'm using very small amount of money just to practice. I'm taking many trades a day if I if I if I lose by win, I wonder why. I treat this stuff like like a college, like I'm in school. And I think that's what to do because like you said, it's very, very risky. You don't wanna lose all your money based on lack of education, man, because the number one thing you should do is educating yourself and understanding why you win and why you lose. Yeah.
[0:52:07] NatNat @Natnatx007: Yeah. The best the best way to learn how to trade is just to start. Right? You can't learn you can't you can't learn how to drive in a parked car. You gotta you gotta try and drive it.
[0:52:16] Dave @DCBK2LA: Okay. So I've been holding this for so long. And for for those that are listening, I need you to... If this is what you probably hear
[0:52:36] Dave @DCBK2LA: Uh-huh. I just wanna let you all know that you're not alone, and that when the squiggly line talk starts happening, that's literally what maybe a lot of you are hearing. I hear it sometimes. Obviously, I'm not a technical analysis trader. I've... I never have.
[0:52:51] MetaBeast @AKCMetaBeast: One more thing.
[0:52:53] Dave @DCBK2LA: Well, here's the thing, though. Okay? Well, two more things. Two more things is I think I also heard Landy when he was talking about liquidity pools. Cool. I think that was a confession to tell... In his way of telling you that it was him that's essentially responsible for your mantra losses. I'm sorry to tell you that. Me. Yeah. Yeah. Yeah. I'd... That was... It's his way of confessing
[0:53:16] Voice L: We believe you, Landy. Mhmm.
[0:53:18] Dave @DCBK2LA: Yeah. Yeah. He doesn't have the balls to to to say it, but it's fine. Landy, I just think that's cruel.
[0:53:23] Voice I: Somebody plays the same shit.
[0:53:24] Landy @CryptoLandy: Do have some
[0:53:25] Dave @DCBK2LA: Yeah. Yeah. Exactly. And then the other thing is, I'd say the percentage of traders that lose money is probably higher. The reason why I don't trade anymore is not because I was losing. It was because if you are going to be part of that 10%, the amount... Like these guys were saying, you have to be on all the time. Right? Like, you can't just open your screen. Let me find a trade. Fifteen minutes later, make some money, and then fucking leave. That's not how this shit works. Okay? Like, these guys with the technical analysis to set up, for me, it was finding arbitrage opportunities. Like, what exchange can I actually pick up? This was before the AI days. Right? Like, in 2020
[0:54:04] MetaBeast @AKCMetaBeast: Dave Meenfreid. Dave Meenfreid.
[0:54:07] Dave @DCBK2LA: Essentially, like, that's what I was looking to do. Right? And there were nights... And, guys, on god, I swear to god, there were... One of my best nights, I think I made almost, like, 32,000 dot... Nat Newscipher.
[0:54:18] NatNat @Natnatx007: That was a really good trade.
[0:54:20] Dave @DCBK2LA: I made 32,000... And that was risk... As riskless as you can imagine. Right? There was a little bit of time, like, risk in there. Almost $32, and I was up from, like, 1AM to 7AM. And this is where my parents were visiting me in California. They came out to visit, and they were just like, what the fuck are you doing? And I'm like, this is profitable. I'm telling you. And they're like, bro, go to sleep. No clue what I was doing, but I showed the P and L, they were like, oh. Needless to say, mom went shopping the next day. But point being, like, you wanna be part of that 10%? Like, it's not... Let me open up my PC and just see what's cooking here. Like, it it doesn't work like that. You better smarten the f up if you're even gonna attempt to do something like this. So... Yeah.
[0:55:00] NatNat @Natnatx007: If your heads... And then I see agent Naeem has his hands up. Right? What... If you if you learn how to hedge, it eliminates a
[0:55:08] Voice I: lot of
[0:55:08] NatNat @Natnatx007: that having to be on the screen twenty four seven, three sixty five. Right? Because when I hedge, I said one has to... One of my positions is... Well, both of my positions are at that stop loss. Right? So that's one thing I'm I'm I'm monitoring. So I have to set my stop losses at the right time, the right way. But then other than... And my take profits too, but then other than that, I don't have to be in front of the computers. Right? I I get the alerts when when one side is let go, and I get the alert when one side is up. Right? So I think knowing how to accurately head eliminates a lot of that stress and eliminates a lot of that having to be in front of the computer. But like I said, right, not a lot of people understand that. Not a lot of people are there yet. Right? So I understand the stress behind it for sure. Like, I I I had one of my family members recently try to learn how to trade, and he he entered a hedge, but he didn't know how to set the stop losses correctly, and both sides got wiped out.
[0:55:59] Landy @CryptoLandy: Yeah.
[0:55:59] NatNat @Natnatx007: That... Yeah. So that happens. You just have to know exactly how to place it and how to do it and how to manage how to manage it. And I feel like when it comes to crypto Twitter, a lot of them are not there yet. It takes time and it does take skill.
[0:56:11] Landy @CryptoLandy: And you need to know the platform that you're trading on.
[0:56:14] NatNat @Natnatx007: It's Oh, absolutely.
[0:56:16] Landy @CryptoLandy: Important because they all work differently. Now I'm gonna leave you with this. This is before we go and and talk more about it, but I've never once in my life met anyone that has been an overnight success. So don't have... Don't set that expectation for yourself. People who you see are successful put in a ton of hours into that success. I didn't, like, come to Dave's space and then go, like, man, I'm gonna be just like Dave as an elite space host. No. That took hours and years, and and it's nearly impossible. I'm not tall enough. And now he isn't either, so he's regressing. And once in a while, you will regress too. That's okay. Just reassess after the regress, and you will find success again.
[0:57:08] Dave @DCBK2LA: Listen. Listen, guys. Okay. We... I I don't... As much as I wanna turn this, I need... We need to get the coma's intervention. Also, we need to move this now to prediction markets, but we'll get there. But, Naeem, go for it, bro.
[0:57:18] Agent Naeem @AgentNaeem: Yo, guys. Yeah. No. I thought I just had a few points in relation to trading. Like, I've been, yeah, in the space for a while. I've I've had my little fair share of trading. And like you, Dave, I've I've taken a little bit step back because, yeah, I've I've been focusing on other things. I've been quite successful and unsuccessful, like, with many other traders. And I'd say it's just if you are going into the into the area of trading, see it as PVP. Like, if the best way to describe it is, like, RuneScape wilderness vibes, where you're competing with others in order to make money. And if you're using leverage and you're trading shitcoins, just know about the liquidity and the slippage, so to speak. So the best thing to do is when you're starting off is trade Bitcoin because when you trade altcoins, you're basically having to consider the BTC pairs, which has an influential impact on the pricing of the... So it's it's more complex, basically. And like Landy said, it's an experience game, so you basically need need to learn the different indicators and strategies, figure out what, works by back testing and and and ascertaining what's working. But the thing about that is it shifts in real time. Like, Fibonacci might work one instance, but then, you know, volume profiles might be working on another instance. So you've got constantly be upping your game and keeping track of what's what's working well in the market or not. But, ultimately, it's, like, it's a... It's an experience game where you're trying to get to that level 99, basically. But even then, once you're at level 99, you can't become complacent in the wilderness because the market will humble humble you. But, yeah, it's a it's a very profitable, way to make money if you're not if you're not, if you don't succumb to your emotions. So you... The best traders are the ones that treat it as a game. So whenever I did trade, that... That's how I treated it. Like, you could just damage, like, a month's, which I have done, like, early days where you, you know, you've done a... You have had a good month, then you revenge trading. Right? Like, it's it's meme material, and everybody talks about it as... In a meme sense because everyone's been there. But the best thing you... For you to do is start off small, learn from your mistakes, and journal what you're doing, and then, yeah, back test and and develop the strategies. Follow people like Landy who who have that experience and are are are giving value to you for free in terms of what what they've what they've learned.
[0:59:45] Dave @DCBK2LA: Appreciate it, Naeem. Good stuff. I think the education piece yeah. We've done an hour on on educating, which I think was good. I think it's good. But now we need to have an intervention with Koma about his prediction market addiction, and we need to know exactly how he's doing, if he's alive, and if there's an intervention needed. Because when you're betting soccer games in the middle of the day on a Tuesday and you have a full time web two job, I get scared for my friends, and I just wanna make sure that they're they're good. You know? He's also a copy bar with a fucking tuxedo on. And I'm also talking to a puppet with a tuxedo on, like, literally a cartoon guy with a Bitcoin hat.
[1:00:26] NatNat @Natnatx007: Like we're underdressed. Yeah.
[1:00:30] Dave @DCBK2LA: Coma, give us a sign of life and just tell us you're okay.
[1:00:34] MetaBeast @AKCMetaBeast: Bro, I mean, I I don't know if you don't know me, but I... I'm I'm a huge fan of soccer. I won't call it football, but, yeah, I I don't know. If you've kind of been following me, I I follow a lot of teams. So I don't... I'm I'm a big fan. I love Champions League. I'll, like, take time out of my, like, middle of my day to watch a few games and then stay late for work if I have to. But, no, it's it's been good. I mean, I only I only did it on the first two early ones. I didn't... I wasn't able to make any predictions on, like, the later half game. So all... The majority of the games that were played, I I didn't have time to, research or anything. So contrary to popular belief, Dave, you know, as long as you're winning, it's not... You don't need an intervention.
[1:01:19] MetaBeast @AKCMetaBeast: But, no. Overall, everything's fine. You know? You know? Cincinnati, like, I know it's leaving some scars for you.
[1:01:26] Dave @DCBK2LA: Bro, don't be here. Bro.
[1:01:27] NatNat @Natnatx007: If you ever
[1:01:27] Voice I: wanna come back,
[1:01:28] MetaBeast @AKCMetaBeast: man, if you ever wanna come back, you know, use my referral code because
[1:01:33] Dave @DCBK2LA: Bro, now you guys are jumping ship. I'm moving to my... Polymarket because He's moving to Polymarket, bro.
[1:01:39] MetaBeast @AKCMetaBeast: Dude. The fuck how she's fees. I did not realize, like, every, like, $100 I was betting, they're taking, like like, you... Like, $7, which is crazy.
[1:01:49] Dave @DCBK2LA: Yeah. I mean... Wait. Well... But... Hey. Hey. Listen. Polymarket might be sexy for right now, but they don't got that liquidity like college she does. I'm just saying, bro.
[1:01:58] MetaBeast @AKCMetaBeast: How bad is the sports liquidity? Yeah. Like, I I just wanna know before I move over.
[1:02:01] Bread @_ToastMalone: Oh, bro. Bro. Bro. Like,
[1:02:05] Landy @CryptoLandy: tell them.
[1:02:05] Bread @_ToastMalone: Yo. The, like, sport...
[1:02:09] MetaBeast @AKCMetaBeast: Is he cracking out or is
[1:02:11] Bread @_ToastMalone: Of course. Phone call. Right? No. Hang on. Sports makes up 90% of the... Yeah. Right? I hope not. Shit. 90%, essentially, like, of the liquidity that's on Calshea Sports Betting. So, you know, ultimately, next year when they have to
[1:02:27] MetaBeast @AKCMetaBeast: I meant relative to Polymarket, though. Because, like, sure, 90% of Calci's thing
[1:02:32] Bread @_ToastMalone: is Oh, they do way more than Polymarket for sports. A 100%. They... Not a 100% more. I don't know the actual percentage, but they do absolutely do more volume than Polymarket does for sports.
[1:02:42] MetaBeast @AKCMetaBeast: As a simple user who's not betting, like, $1,000,000 or anything like that, would it really make a difference, though?
[1:02:49] Bread @_ToastMalone: That makes No. Not
[1:02:52] Landy @CryptoLandy: dollars, to be honest with you, the way you
[1:02:54] Dave @DCBK2LA: said that.
[1:02:56] Bread @_ToastMalone: I mean, he might be. Right? He's a capybara wearing a tuxedo.
[1:02:59] Landy @CryptoLandy: True. He's number one on the kind of leaderboard.
[1:03:01] Bread @_ToastMalone: Right. Exactly. He he... He's managed to bet with kind of, yeah, points or whatever the heck you get over there. But, like, ultimately, it only matters... Like, liquidity does matter. But if you're to do, like, some crazy random obscure parlay or a random player prop that's got, like, $50 in liquidity, I mean, like, anything more than 50 that you wanna bet is gonna essentially get placed as a limit order, and you're just gonna have to wait to have it filled, either good till canceled or filler kill or however you wanna ultimately set it up. But you're only gonna be able to take whatever liquidity is available.
[1:03:34] MetaBeast @AKCMetaBeast: Dude, it's just crazy. Like, I'll... I I I don't know if you saw my post, but I just has Google. And literally, like, they have a fee for everything, like trading fee, average cost, deposit fee, withdrawal fee, settlement fee. Like, holy shit. Just, like, bend me over right now.
[1:03:50] NatNat @Natnatx007: I take all my money. Because I can see? See five o'clock?
[1:03:53] MetaBeast @AKCMetaBeast: Yeah. Like, read fee. Like, you know, like, look at your portfolio fee. Like, Jesus Christ. Like... And then I I was so shocked when I saw this. So I don't know. I'm moving over. No intervention needed, Dave, yet. I'll tell you when I'm on a crazy loose
[1:04:06] Landy @CryptoLandy: You have you have website keep alive fees?
[1:04:10] Dave @DCBK2LA: Wait. Actually, Sikoma, I I pulled this up just now because I was... Honestly, I was curious. So just as an example, on on the NBA game going on right now, right, on the heat magic game, on Calci, you have about $5,000,000, in in liquidity in total volume right now. And on Polymarket, you have about 4,400,000. So that's actually... Like, that's... Yeah. On the NBA side, that's that's nothing. Right? I mean, not that big of a difference at all. I thought it would've been more drastic. I don't know what it is for maybe football because I don't... Bro, on the Cincy Buffalo game, bro, by the end of the game, it was, like, $5,560,000,000 bucks. You know what I'm saying? Like, that's that's...
[1:04:45] Bread @_ToastMalone: It depends on the sport too. Like, f one, I think, does more on polymarket, and and I think, like, some of the other, like, obscure... Like, I think tennis was doing more on polymarket. You know? But right now, it's, like, the major sports bettors that are putting in weight and putting in volume. It it seems like it's primarily Kashi.
[1:05:02] Dave @DCBK2LA: I sent you the ones that don't know about the blockchain. I
[1:05:05] MetaBeast @AKCMetaBeast: I wish there was, like, a predictions market of how many users actually know how much they're getting, like, excuse my language, butt fucked by Kashi's fees right now. So it's probably gonna be, like, 90% no.
[1:05:17] Dave @DCBK2LA: That's when you know Nat Nat is definitely still holding a little bit of a grudge, where she did not come off mute for a second. She just let the b f just drop
[1:05:24] NatNat @Natnatx007: the typing the invoice as we speak. That's why. My hands are busy typing. As you can hear, right, I'm typing it up right now.
[1:05:32] Voice I: I
[1:05:34] Dave @DCBK2LA: mean, you know... I mean, look. We wanna talk about crime season. We've seen what Polymarket does. We see... We saw that Google. Did guys see the Google insider with Polymarket? My man was lit. Talk about... Nat, you wanna talk about greed? My man was making... Made a million dollars in a day and was like, oh, nobody gonna know it's me. Motherfucker, you are on... Sorry. MFR, you are on chain, bro. Like, do you not understand that, like, they literally tracked your wallet? And we're like, oh, look at this guy. He's a free... This is a Google insider. And he's literally only... He had... He hit 22 out of 23 bets. That's my favorite. When the greed gets so crazy, but then they have that one little minute of consciousness, and they're just like, I should probably lose something. Right? And it's like, oh, look. You had a $75 loss.
[1:06:23] Bread @_ToastMalone: Shoot. Bro, that's what I'm saying. That's gonna happen across every single type of prediction market. Like, it's going to get so just unbelievably insider traded and markets manipulated, and, ultimately, whoever has the most liquidity is gonna end, like, end the heads up will win. You know? It's it's just still early right now. It's like like being one of the first few 100 people to find pump fund, you know?
[1:06:49] Landy @CryptoLandy: Do you know how much I had to pay Joe Burrow to throw that pick? It was incredibly expensive. But I cashed out big. He said which one?
[1:06:58] Dave @DCBK2LA: One? One may I ask? Matt. Please let me let me throw... At least throw them off stage. Let me drop a... But f... Give give me grace, please, Wonder Woman. Please.
[1:07:11] Dave @DCBK2LA: You know how they say take your wins? Predict your might still apply. I was at 82%, comma. 82%. I'm like, this is a lock.
[1:07:22] MetaBeast @AKCMetaBeast: Didn't you cash out? Like, remember... Did you did you see my two predictions today? I cashed out early and it it worked it worked out well. I guess I learned from your mistakes. That's probably the...
[1:07:31] Landy @CryptoLandy: We we literally just had an entire conversation about making sure you take your profits.
[1:07:36] MetaBeast @AKCMetaBeast: Right. Right. Right. And you could even take partial profits too. Right? Because you're you're, like, selling shares.
[1:07:41] Dave @DCBK2LA: You know the craziest part, guys? The craziest part of all of this was, like, I was sitting watching the game, like, with my dad. Right? So was, like, Sunday time, spent a little time with pops, watching the game with pops. And I'm teaching him about prediction markets. He's like, wait. What is... Like, what are you doing? What is this? He's like, you're gambling? And I'm like, no. No. No. I'm predicting. And I'm showing him, and I'm explaining to him, like, how how it works. And I'm like, look at... Like, you know, I bought the odds at at $36.40, and now it's 81¢. It's like, oh, nice. As I'm literally talking, Joe Burrow decides that he wants to literally, like, throw a pass as if he's like a waiter holding a football and, like, throw the football, like, directly into the hands of the fucking safety that's blitzing and decided, you know what? And he runs it back for a touchdown. And my 82% instantly goes to 26%. And he's like, that's not good. Did you just lose all your money? And I'm like, well... And, you know, you gotta give parent price. Right? Like, you can't let them know, like, really what... You know what I'm saying? Like, I'm not telling you really what I'm... I had... I literally put the two... I bet the spread... I bet there was a there was a solid, like, maybe $200, $2.50 maybe.
[1:08:47] Bread @_ToastMalone: You always drop a zero, bro. Just drop a zero.
[1:08:49] Dave @DCBK2LA: A 100%. That's it, bro. And I'm like, oh, yeah. You know, like, the potato that pays me to to make these bets. You know? So, like, don't worry about it.
[1:08:55] Bread @_ToastMalone: Like, we're just Bro, but how long is it before some intern in accounting nukes the quarterly earnings report because they've got a huge, like, stake in the no side of that? You know what I mean? Like, dude, I can't wait to see the stories that are gonna come out next year.
[1:09:09] Agent Naeem @AgentNaeem: Like that Brian Armstrong thing with Coinbase when he did that earnings call.
[1:09:13] Dave @DCBK2LA: That was my favorite name. He was on the earnings call. That was such a boss move for prediction. He was just like, oh, there's a prediction market that says how many times I'm gonna say this, this, this, this. He was like, oh, Trump, Coinbase, Polymarket, prediction markets. He literally went down the list and was like, yes. Yes. Yes. Yes. Yes. I was like, that's fucking amazing.
[1:09:31] NatNat @Natnatx007: Oh my god, guys. Can we can we make a sentence without the effort in it? It would be great to
[1:09:36] Dave @DCBK2LA: get the signal. That's the one time you gotta you gotta catch me up.
[1:09:39] Landy @CryptoLandy: He's trying to make the... He's trying to make my prediction market right now.
[1:09:43] Voice I: So I'm up, like, 82
[1:09:45] Landy @CryptoLandy: and a half percent at this moment. So let me win this one.
[1:09:49] MetaBeast @AKCMetaBeast: Hey, Dave. There's actually... It's an interesting one. Like, the... What was I gonna say? I I I figured out something interesting about soccer. I don't know if you're, like, fully aware of this, but the... There's a... Like, after someone scores a goal, if if they suspect that there's, an offside or whatever, they go through, like, this thing called VAR. Right? So what happened was, like, today, like, Liverpool scored a goal, and then the the markets, like, completely shifted to, like, Liverpool, like, 60, 70% winning. And then for whatever... And, like, I'm watching it on stream. Right? And it's pretty, like, behind compared to, like, you know, live, obviously, but it's pretty significantly. And still it was at, like, 60% and, like, slightly dropping. But eventually, they decided to, like, look at the screen and whatever, and they decided it wasn't a goal. But, like, I had a good, like, five minutes to decide whether to sell or not, which I did. And I sold it at, I bought it at, like, 29¢ and I sold at, like, 50 something cents. So it's pretty... It's a pretty interesting one where, like, if someone scores, they they, like, are able to... The numbers change significantly, but then, like, the whole, like, review cycle is pretty, like like, pretty opportunistic for you to jump in. Yeah.
[1:11:06] Dave @DCBK2LA: Nat Cat meme coin season, really?
[1:11:08] NatNat @Natnatx007: Saw that. Heard that.
[1:11:10] Voice L: Yeah. My bad. That that was on me. That was on me.
[1:11:12] NatNat @Natnatx007: Yeah. That's the... Yeah.
[1:11:13] Dave @DCBK2LA: That's the u... You gotta take that l. That's a u l. Right?
[1:11:16] NatNat @Natnatx007: Yeah. That's a me l. Not that I got.
[1:11:17] Agent Naeem @AgentNaeem: How does the verification work or results like... For, like, matches, obviously, they'll probably get data from... Directly from the APIs and whatnot. But, like, you know, when there's outlandish bets, how do they verify that things occurred? Do they have, like, oracles or some shit?
[1:11:34] Dave @DCBK2LA: Oh, like, real life events?
[1:11:35] MetaBeast @AKCMetaBeast: The same, like, system, like, sports books does.
[1:11:39] Dave @DCBK2LA: Oh, bread's like the settlement king. Yeah. Bread, go go... Give them the spiel, bro.
[1:11:43] Bread @_ToastMalone: Yeah. It is. Ultimately, you have to on all these prediction markets. Right? If you... There's a little arrow that's kinda hard to see, but if you click it, it's the rules. Right? And, usually, it'll tell you if, it'll tell you how it ultimately it is settled, and whether, you know, like, a two part word counts as one word on the prediction and, like, how many rushing yards over does it have to be to be considered over? You know? And, like, all of... Any of the specifics that, pertain to that particular, like, market will be in the rules. But, like, usually, it's on, whatever, like... Whenever the NFL kind of, like, certifies it or whatever through, like, Fox and ABC and, like, you know, whatever whatever all those platforms. Like, once it's certified there, Vegas hits it, it's settled on the market.
[1:12:28] Dave @DCBK2LA: Yeah. And you know what? Like, to that point, as I was making the Sinti bet the Sinti bet this weekend... Why am I doing this to myself? As I was making the Sinti bet, the... Excuse me, the Sinti prediction this weekend, as... Before you click, like, confirm the bet. Right? Because, like, you're going through the motions. You're quick. You're like, I wanna get these these good... These odds, whatever. It liter... On Kashi, it literally says, stop. Don't be lazy. Read the rules. And I saw it, and I still clicked past it. Not that it affected me. I mean, maybe if I were to take in the pause and been like, oh, wait a minute. Maybe I maybe I wouldn't have made the bet. Who knows? Right?
[1:13:03] Bread @_ToastMalone: Because Bro, you're... You can see... I mean, like, I don't advise you to skip it. Right? I advise everybody to read the rules. But, like, on sports bets, it's like the rules are pretty, like, blatantly obvious. It's the mentioned markets that will... You will get seriously, seriously screwed over if you don't read the rules on the mentioned markets. Yeah.
[1:13:20] MetaBeast @AKCMetaBeast: Yo. Those people in the mentioned markets, like, they have a lot of, like, appetite for risk. Like, I see people, like, predicting, like, 84% chance, predictions. And they're... So they're, like, putting, like, $950 to win, like, $200. And I'm... I don't know. That's... I I guess if it's highly... High likely, like, why not why not free money? But I don't know. I feel... It's it's a it's a weird one as as a as a... As someone that does sports and generally likes to have somewhat close to even odds in finding an edge. So, like,
[1:14:09] Bread @_ToastMalone: Yeah. Well, they say something, and it could be a presidential speech. It could be a White House briefing. It could be the Grammys. It could be SNL. It can be, like, whatever the... There's a market for. But, like, the tools that people are using and creating now for just mentioned markets, like, it's becoming, like, a a legitimate, like, market. People have AI analyzing previous transcripts. There's live transcript, like, recording four games just this afternoon so you can play the mentioned market on what the announcers will say later this afternoon, you know, because, chance, it's the same announcers. Right? Are they gonna repeat themselves? Like, are they... Have they said one thing, like, 30 times already today? You know, there's so many interesting ways people are doing this that now it's like, yeah. Well, yeah, if it's an 85% chance, like, that's a strong 85% chance.
[1:14:57] MetaBeast @AKCMetaBeast: I guess the point is you're dealing with people. Sorry, Dave. One thing is, like, you know, like... And when you're dealing with people, you deal with emotions. And as someone that has went through, like, very ups and downs with sports gambling, highs and lows, like, when you lose that 85%, your your, like, natural inclination is to go even harder on your next one. Right? And this is, like, very risky when you're... Especially when you're doing, like, these 80... You essentially need to win, like, five of these mentioned markets just to, like, make what your your initial, like, allocation.
[1:15:28] Landy @CryptoLandy: Something, man.
[1:15:29] MetaBeast @AKCMetaBeast: Just to feel something. You gotta get it all back, bro.
[1:15:31] Voice I: You're gonna
[1:15:32] MetaBeast @AKCMetaBeast: get all back in one, you know, in one mention. Right? I just need him to say, hey. Farcoin. Farcoin, please.
[1:15:37] Voice I: Just say it once in a
[1:15:38] MetaBeast @AKCMetaBeast: I'm gonna win a million dollars. Right?
[1:15:39] Voice I: So I think that's... Think there's,
[1:15:41] Dave @DCBK2LA: like, risk
[1:15:41] MetaBeast @AKCMetaBeast: involved there. Yeah.
[1:15:42] Dave @DCBK2LA: Fucking degenerate. So so wait. I have a question. I have a question. And, Brad, maybe you can help answer this because, Nat, Landy, I feel like this this one... The the... This mention is screaming our name. So, name, you ready? No pun intended on that one. So the... One of the mentioned markets on Calcio is what will Powell say during his December press conference. Right? So now going into tomorrow, there's a fifty fifty shot, like, 50% that he says... And now the the market says tariff inflation. Does he have to say... Brett, does he have to say tariff inflation in succession? Like, those two words?
[1:16:13] Bread @_ToastMalone: That... Like Rules, bro. I don't know. You check the rules.
[1:16:16] Dave @DCBK2LA: Read the rules.
[1:16:17] Bread @_ToastMalone: Yeah. Read the rules, dog. That mentioned markets, read the rules, dude. Like... Or you will get screwed. But, like If the...
[1:16:23] Dave @DCBK2LA: Okay. So here.
[1:16:24] Landy @CryptoLandy: This is how degenerate we are as a society. We're literally talking about betting on somebody saying Wait.
[1:16:31] Dave @DCBK2LA: Let me read the rules. Let me read it. Go ahead. It says, if the chair of the Federal Reserve says tariff inflation at his December 2025 post f... Post FOMC meeting introductory remarks and q and a, then the market resolves to yes. Outcome verified from the Federal Reserve. Obviously, they pulled the transcript. Video of the address will be primarily used to resolve the market. If a consensus by Kalshi employees cannot be reached using video, transcripts of the address will be used according to the news publication. And then it says, read the full read... Oh my god. Read the full rules. The full rules are three pages. Holy cow.
[1:17:07] Bread @_ToastMalone: Yep. Apple f, bro. Apple f, and you can find whatever you're looking for on the three pages.
[1:17:12] Dave @DCBK2LA: Bro, it's look at... Listen to this. The payout criteria for the contract encompasses the expiration values that it, quote, word is stated by this person during this address. And it goes into detail. Plural and possessive forms of the word are included. So if tariff inflation
[1:17:33] Bread @_ToastMalone: if he refers to himself as tariff inflation, yeah, it
[1:17:37] Voice I: counts. It counts. It
[1:17:40] Dave @DCBK2LA: counts. Grammatical intense inflections are not included. Compound words, even if hyphenated, are included. Close compound words, what is happening to us? Lance is right. What are we
[1:17:52] Landy @CryptoLandy: Mate, there was... You need an English
[1:17:54] Agent Naeem @AgentNaeem: six. Did you see that one, guys? You must have seen that one. GTA six and the second coming of Jesus.
[1:18:00] Dave @DCBK2LA: Oh, yeah. Yeah. Yeah. Yeah. But, bro, name, listen. Did you hear the rules I was just literally spatting out? This is insanity. There's... Wait. There's more. This is interesting, Lendi. It says, ordinal forms are included if said word includes a number. Homonyms are included. Words uttered in an adjacent context are included. Words uttered in another language are not included. If he says,
[1:18:28] Dave @DCBK2LA: doesn't count. Words with nonstandard transliteration to English will count within reason. What's a homograph? What the fuck? What's a homophone?
[1:18:39] Voice I: I forgot
[1:18:39] Landy @CryptoLandy: what this does. Homonym on hashgraph.
[1:18:42] Dave @DCBK2LA: Uh-huh.
[1:18:46] Bread @_ToastMalone: A homonym with a rolling
[1:18:47] Dave @DCBK2LA: horn, bro. Best joke of the year. At Landy, you came in just in time. You were getting close, bro. It was almost the end of the year, and you were definitely gonna get the award for worst jokes ever, but that one might have saved you. It might have saved you. Oh my god. It's the hominin on.
[1:19:13] Dave @DCBK2LA: Is it just me? No. No. He doesn't. Puppet was funny
[1:19:16] Voice I: on the was here, to be honest.
[1:19:19] Dave @DCBK2LA: Where's cancer when you need him, bro? Like, on the Hashgraph account, nonetheless. Oh my god. I'm crying. I mean, that was so fucking funny. Holy shit. That was good. Oh my god. I don't give the public joke credit off because they're usually terrible freaking dad jokes, but... Oh my god. Here we are staring at three pages of hominins and rules on college sheet. Oh my goodness. What is Could
[1:19:43] Agent Naeem @AgentNaeem: you guys actually read it? Like, comma and
[1:19:46] Bread @_ToastMalone: Not that far. I mean, I know how to speak English. You know? Like, I'm not reading how to learn to speak English anymore.
[1:19:53] Voice I: But, like
[1:19:53] Dave @DCBK2LA: Literally just got done telling us, read the fucking rules, bro. And he's like, do you do
[1:19:57] MetaBeast @AKCMetaBeast: you read all that? He says, my
[1:19:58] Dave @DCBK2LA: my bro, not that. That's ridiculous. I don't read No.
[1:20:00] Bread @_ToastMalone: Just the the main bullet points. The the fact that the tariff inflation is like, yeah, he has to say it together. He can't say those two words separate somewhere in the same paragraph. Like, I don't need to know... I don't need to read on into what a homonym is, bro. I'm like
[1:20:12] Kool @koolcryptovc: You know what the... But what's
[1:20:13] Dave @DCBK2LA: a homograph or a homophone, bro? You know what I mean? And there's nothing It's
[1:20:17] Bread @_ToastMalone: all things that are spelled, like, the same but sound different or mean different. It's all in that realm.
[1:20:24] Dave @DCBK2LA: Oh, where's Metabeast when you need... I'm literally gonna copy and paste this whole shit and be like, Metabeast, this needs to be, like, a two minute reading from, like, you know, like, Clyde and Clive and whoever he does. Like, this needs to be it. He needs to read the Kalshi rules. I feel like, oh my god. That's how I gotta get Kalshi's attention again. I got... You know what? Sorry, Metabees. I'm stealing that idea. I was too good. Matt Matt, go ahead. Matt Matt. Who's Matt Matt? I don't even know Matt.
[1:20:47] NatNat @Natnatx007: Who's Matt? My... I actually have something to say to Vimes. Vimes, are we keeping track of the f bombs today? We are. Right? Do you know what the total is? Oh, we are in the money. That's all I'm saying is we have a very, very merry Christmas. Thank you very much, gentlemen. Wonderful, wonderful. Carry on. Yeah. Beat the rules.
[1:21:04] Bread @_ToastMalone: It's so over.
[1:21:06] Landy @CryptoLandy: Yeah. How many pages are those rules we need to know?
[1:21:09] Voice L: Oh, we keep extending them. We just can't have enough rules that we decided. The more rules,
[1:21:14] Voice I: the more money. Hey. Magic.
[1:21:18] Voice H: You know, I'm literally, yeah, I'm
[1:21:20] Dave @DCBK2LA: literally saving the the the PDF as we speak. It says fed mention. What?
[1:21:26] MetaBeast @AKCMetaBeast: You know what's crazy, Dave? Like, I could totally tell people just use ChatGPT to, like, figure out which one to, like, pick on these, which is specifically the Powell one because I did it yesterday night, and, dot plot was at, like, 40%. And I was like, oh, cool. Like, what is it now? It's at, like, 53%. So I could... You you better believe that everyone's just like, hey. What has best value? And then they... You're just using ChatGPT to tell them.
[1:21:54] Dave @DCBK2LA: You know what it is? Bakoma, what a lot of people don't realize is, like, a move from when you're... Because, like, they don't get the the contract. Right? Like, that you're buying, like, at 40¢. Right? Like, you're not buying, like... People are like, oh, like, the probability 40%. Like, when you go from 40% or 40¢, right, to 55¢, right, that's not a 15% gain... Excuse me. That's not... What that is... What that actually is, excuse me, is when you look forty forty to 55, 10, 20, that's almost literally a 30% fucking get more. 30... That's almost a 40% gain. 35% gain on your money. Right? Like, that's what people need to actually understand. And when you can do that...
[1:22:37] Landy @CryptoLandy: What about 80%? You literally... 80¢. Literally......
[1:22:39] MetaBeast @AKCMetaBeast: 85¢, Dave. Well, how much is that?
[1:22:42] Landy @CryptoLandy: Hold on. Hold on.
[1:22:43] Dave @DCBK2LA: How about you?
[1:22:43] NatNat @Natnatx007: Dave... Do we think people make a living off the prediction market?
[1:22:46] Landy @CryptoLandy: They do. Yeah. I know a guy
[1:22:48] Dave @DCBK2LA: He's right here in a in a tuxedo. It's a copy bar. What do
[1:22:51] MetaBeast @AKCMetaBeast: you mean?
[1:22:51] Landy @CryptoLandy: He's right there. Yeah.
[1:22:53] Dave @DCBK2LA: Oh, that's not in that group. She doesn't see the slips, comma.
[1:22:56] MetaBeast @AKCMetaBeast: Oh. I mean, she doesn't do predictions. I don't That's fine. I don't wanna I don't wanna...
[1:23:00] Landy @CryptoLandy: Well, actually, everybody on stage and in the audience, he just did the... Well, actually, you're not winning 15%. This is more like 30%. This I'm sorry. Love that.
[1:23:14] MetaBeast @AKCMetaBeast: As he's as he's explaining.
[1:23:16] Dave @DCBK2LA: Yeah. I'm trying to figure out how to best record this and what voice.
[1:23:19] NatNat @Natnatx007: Coma Coma, are you... So are you able... Let's say, for example, based on everything that you... That you've made predicting... I don't wanna say gambling, but predicting on the prediction markets, Are you at one point... Or have you considered maybe... Or are you at the point that if you wanted to just quit your nine to five, you can do so or not there yet?
[1:23:41] Voice I: Oh, hell no. I'm, like, angry.
[1:23:45] Landy @CryptoLandy: He's he's he's about ready to quit and go to a 12 step program at this point.
[1:23:50] Bread @_ToastMalone: Was gonna say. Was like, he can quit at any time he wants. He just doesn't want to
[1:23:52] MetaBeast @AKCMetaBeast: right now. Nana, if you're in this chat, you basically... You're just hearing me talk by myself, and then occasionally, Dave just goes, show you're losing tickets once in a while. And I'm like, okay. Here you go. And then I just keep moving forward.
[1:24:05] Dave @DCBK2LA: You know me. I'm always... Like, I I remember me chastising that land. Yeah. I'm like, it can't just be win, win, win, win, win all the time, guys. It can't. Okay? It just can't. But I'm hedged. Okay. Fine. But we gotta also tell people that there is a losing position on the other side that, okay. You might not realize that, but, comma, to your point, don't shut me up. I don't... I I don't like that, comma. Don't just give me something just to be like, ugh. Let me just show him a fucking losing slip for, $50, and then let me be on my way. Don't do that shit.
[1:24:34] Landy @CryptoLandy: My history that that is 22 wins.
[1:24:37] MetaBeast @AKCMetaBeast: Like, removing, like, lost slips. I... Literally, it's my history of what...
[1:24:40] Bread @_ToastMalone: I've seen the Photoshop files, bro. It's funny.
[1:24:43] Voice I: Gotcha. When
[1:24:45] MetaBeast @AKCMetaBeast: when is Coma gonna release the true betting files? Well, before
[1:24:48] Voice L: 2016, I love that......
[1:24:50] Landy @CryptoLandy: Logo in the corner.
[1:24:51] Bread @_ToastMalone: They're all PSD....
[1:24:52] Landy @CryptoLandy: The picture.
[1:24:54] NatNat @Natnatx007: I absolutely love that Coma's p s p looks like this innocent copybara, but who would have thought that he's, a gambling addict in the background? I mean, predicting prediction market, gambler addict.
[1:25:07] Bread @_ToastMalone: Prediction connoisseur.
[1:25:12] Voice I: Oh my god.
[1:25:15] Landy @CryptoLandy: He goes to the 12 step program, and we could all take predictions on whether or not he's gonna complete it.
[1:25:21] Bread @_ToastMalone: Oh, that's a great market.
[1:25:25] Dave @DCBK2LA: Oh my goodness. Oh, gosh.
[1:25:29] NatNat @Natnatx007: We love you, It's all about Koma.
[1:25:32] Dave @DCBK2LA: Yeah. Kinda. And Koma, be honest, like, this is the only intervention you're ever gonna get. We're not trying to no fucking time on you, bro. Like, this is it. So if you ain't taking it now, I'm sorry. Like, we love you, but it ain't gonna come... It's not gonna happen again. So don't think, you know
[1:25:45] Voice I: I think it's
[1:25:45] MetaBeast @AKCMetaBeast: still better than... I mean, as crazy as it sounds. I, like, I I think it's better than to amplify at times. I don't feel like I'm a billboard. I just share my wins and losses and tell people I'm an addict. You know? So I'm... Well, I don't know what step
[1:25:58] NatNat @Natnatx007: on that. But don't
[1:25:59] MetaBeast @AKCMetaBeast: know you know it.
[1:26:00] NatNat @Natnatx007: You are the per... The most important step. Right? Realizing that there's a problem. So I think I Admitting that you have a
[1:26:06] Voice L: problem is the first step. You've got 11 steps ahead of you.
[1:26:09] MetaBeast @AKCMetaBeast: Dave. It's it's only a problem if you lose. So until, like, you know, tomorrow, I'm I'm perfectly fine.
[1:26:15] Bread @_ToastMalone: He went from Coke to crack. I mean, whatever. Yo.
[1:26:18] MetaBeast @AKCMetaBeast: Sea to sea, baby.
[1:26:19] Landy @CryptoLandy: 22 wins and one loss. That was a $50 ticket in there. Let me find out Coma being in web two is actually taking out predictions on things that he knows he's gonna win. That's why you never see a loss slip in that job.
[1:26:32] MetaBeast @AKCMetaBeast: I know that Jerome Powell's gonna say dot plot tomorrow, so I'm I'm... I think I'm pretty confident in that one.
[1:26:37] NatNat @Natnatx007: When was the last... He's definitely going to say he's definitely going to say interest rate.
[1:26:43] Kool @koolcryptovc: Tariff? Oh my god. Really?
[1:26:46] Dave @DCBK2LA: We ain't making no money on that. That ain't even a market. Nobody's putting that up. But tariff... What about tariff inflation? I need you to find the homophobe, homonym, homophobe, homograph.
[1:26:55] Voice I: Sorry. We're not... We're homophobic The homo. We're not homophobic here. Alright?
[1:27:03] Dave @DCBK2LA: And why does Robin Hood keep and why does Robin Hood keep, quote, texting me saying that somebody from Mumbai, India is literally trying to access my account that I should call this number? 631429738574. This isn't you, bro. You sent me a text message with a fucking... A a Mumbai area code. Like, are you... Really? Bro, I've gotten three of them in the last, like, twenty minutes. Like, stop. Just stop it.
[1:27:30] Landy @CryptoLandy: Don't worry. The Coinbase more is coming next.
[1:27:33] Dave @DCBK2LA: One more thing. Now you're sending me Drainer links, Koma. What is
[1:27:35] MetaBeast @AKCMetaBeast: this? Yeah. Yeah. Exactly. I was talking to the team at Hey Anon, and they're building out this app called Pandora where you could essentially be... Like like, you could create your own market, whether through AMM or Parameutal. I don't even know if that's how you actually pronounce it. But there's two ways to create your, like, your pool. Right now it's in Testnet, but I think they're trying to give people more access into creating your own markets because I think that's the biggest complaint right now amongst users. Like, they wanna be the one creating the action. And apparently, the the fees... When I was talking to the the one of the guys on the team, like, a lot of... A good portion of the percentage of the fees goes to the one that create the market. So I think that in itself could be a market. And, apparently, Fred, we could fork this.
[1:28:21] Bread @_ToastMalone: Oh, I already have. Yeah. I've... It's built. They're called pari mutual contracts. Yeah. You can check out betme.e's. We'll... I'll walk you through it.
[1:28:28] MetaBeast @AKCMetaBeast: Right. Right. But they even allow you to fork what they already have. Like, they don't even care that you use a Pandora.
[1:28:34] Bread @_ToastMalone: I wanna use their crap. I built better.
[1:28:36] Dave @DCBK2LA: Sure. Sure. Sure.
[1:28:37] MetaBeast @AKCMetaBeast: We just gotta build a good front end.
[1:28:39] Landy @CryptoLandy: But it's like, I'm a better dealer, bro. Just come with me.
[1:28:41] Bread @_ToastMalone: Oh, yeah. Well, yeah, come. We'll let you do the the front end. Like, I don't wanna add, like... I don't care what color the button is and where it is on the screen. It works. Use it. You know?
[1:28:48] MetaBeast @AKCMetaBeast: Oh my god. Are we gonna work together and not include Dave? This is amazing.
[1:28:51] Bread @_ToastMalone: Maybe... I don't know. Maybe we'll offer him, like, ambassador shirt
[1:28:54] Dave @DCBK2LA: or something. New? What's new?
[1:28:56] MetaBeast @AKCMetaBeast: See, I hope I would see him.
[1:28:57] Dave @DCBK2LA: Like, Coma's literally trying to farm me being like, hey. Can we have idea Wednesdays? And I'm like, yeah. And I'm going along with it like a freaking tuturu, but all I know is, like, I'm literally gonna get back... Pause. Backdoored, right, like, tomorrow after the space, and they're just gonna be like, oh, great idea.
[1:29:11] Bread @_ToastMalone: We can't give this guy the ambassadorship, bro.
[1:29:13] Voice I: Yeah. I don't know. He's already
[1:29:15] MetaBeast @AKCMetaBeast: he's already he's already... What do you call it? I'm a loss for words, but he... He's already he's already hating on our project.
[1:29:21] Landy @CryptoLandy: He's already fudding?
[1:29:22] MetaBeast @AKCMetaBeast: Exactly. That's the word.
[1:29:27] Voice I: Look at...
[1:29:27] NatNat @Natnatx007: So what color is the button going
[1:29:29] Voice L: to be, and where exactly is it going to be on the page?
[1:29:31] Bread @_ToastMalone: Gonna be on the screen and...
[1:29:34] Kool @koolcryptovc: Yes.
[1:29:35] Voice L: Yep. Exactly. To the left or to the right, what color? These things are important.
[1:29:39] Bread @_ToastMalone: It depends on
[1:29:39] NatNat @Natnatx007: who's specific or not,
[1:29:41] Bread @_ToastMalone: I guess. Right?
[1:29:44] NatNat @Natnatx007: Wow. They impress
[1:29:45] Landy @CryptoLandy: me.... Sense of direction.
[1:29:47] NatNat @Natnatx007: I guess this way is up. Since we're coming up to the end of the show, Vibe, what's the total for today? Because Dave has been on one.
[1:29:55] Voice L: Oh, listen. I'm still adding up.
[1:29:57] NatNat @Natnatx007: Just add the... There's so much.
[1:29:58] Voice L: We can still do. I'm just waiting for it. Just throw out. I'm fishing. I can just see how much I can end up with. Carry on, guys. Just let let them dig their own holes.
[1:30:09] NatNat @Natnatx007: It's Who
[1:30:09] Landy @CryptoLandy: who stood... Vibe, did you stand up this prediction market about how many swears in the ATC today? What is going on here?
[1:30:17] Voice L: I'm seeing nothing but kitchens. Thank you very much.
[1:30:21] Dave @DCBK2LA: Okay. Hold on. We're gonna we're gonna see if we could do this. Let me see if we can get Fagazi Juni to to read us these these... I don't know what she came up with, but hold on a second. Let me see here. Voice is now integrated into the chat. Okay. Follow the conversation you're... Hey, Junie. Can... Wait. What's happening? What is this new setup? What's happening here? What? What is this? What? What is this? Wait a second. Hey, Junie. Can you can you read the above rules that you just wrote and explain, and read it kind of verbatim, the mentioned market rules?
[1:31:04] Voice J: Absolutely. Let me slip into journey mode and give you the full read through. Alright, folks. Let's break down these mentioned market rules in the funniest, most crypto region way possible.
[1:31:13] Landy @CryptoLandy: What's up, Safie?
[1:31:13] Voice J: I'm betting on whether a certain Jerome Powell, who will call the chief drug prevention officer, is gonna say a magic word during a big fancy speech. If he says it, you win. If he doesn't, you don't. Simple as that. Now let's hit the highlights. Plural versions of the word count. If your word is bag, then bags or bags with a z all count. Different tenses don't count. If you bet on pump, pumping doesn't make the cut. Compound words like chain turning into blockchain count, but closed compounds like moon turning into moonshine do not. Hominem's are fair game, so if Jerome says he needs a steak and you're betting on steak, you're golden, even if you meant the dinner card. But if he says it another language or just mumble something that sounds similar, that's a no go. In the end, it's just fantasy football for words. If Jerome papa pump house says the magic word, you win. If he doesn't, well, we just blame it on the fed and call it a day.
[1:32:01] NatNat @Natnatx007: I love how she said Jerome papa pump.
[1:32:04] Dave @DCBK2LA: Pump house. Jerome papa pump pal. What the hell?
[1:32:09] Landy @CryptoLandy: Nice. When did you clone Safy's voice? What the hell happened?
[1:32:14] Dave @DCBK2LA: Actually, it was wild. That was crazy work. My goodness.
[1:32:18] Bread @_ToastMalone: Yeah. But she nailed it, bro. I mean, that's pretty much like... Yeah. Just, you
[1:32:22] Dave @DCBK2LA: know Yeah.
[1:32:22] Bread @_ToastMalone: Record, clip that, and listen to that every time you're thinking about betting on something stupid that some idiot's gonna say at some big fancy meeting.
[1:32:30] Dave @DCBK2LA: I like what said. Plural versions of the word counts. If your word is bag, then bags or bags with a z all count. Different tenses don't count. If you bet on pump, Pumping doesn't make the cut. Homonyms are fair game. So if Jerome says he needs a steak and you're betting on steak, you're golden. Even if he meant the dinner kind. But if he says it in another language or just mumbled something that sounds familiar. It's a no go. And with old politicians, you never know. He might be like, oh, tariff inflation. And you're like, he said tariff inflation. And you're like, no. No. No. The transcript doesn't say tariff inflation. It says
[1:33:11] Dave @DCBK2LA: Sharifa's fucking
[1:33:13] Landy @CryptoLandy: It says
[1:33:14] Dave @DCBK2LA: Sharifa's cantation. And you're like, what?
[1:33:16] Landy @CryptoLandy: It says, Ferret inflation. He was really just talking about how many Ferrets are
[1:33:20] Bread @_ToastMalone: A Ferret vacation, bro? Let's go.
[1:33:23] Landy @CryptoLandy: A Ferret vacation. Oh my god. Should bet on that. Is that a Hama phone graph?
[1:33:30] Bread @_ToastMalone: No. It's a mumble in some language.
[1:33:35] Dave @DCBK2LA: What about Mumbai? I just got a text message. Who sent it? What?
[1:33:40] Bread @_ToastMalone: Just send a $100, and they'll send you 200 back. Trust me.
[1:33:45] NatNat @Natnatx007: Trust me, bro. Yeah.
[1:33:46] Dave @DCBK2LA: I should I should use... I should call this I should call this number. Hold on. It says, Robinhood, a new login attempt from toke... Oh, this one's from Tokyo. Sorry. This one's from Tokyo now. A new login attempt from Tokyo, Japan was attempted on your account. This was not authorized by you. Call +1 (888) 377-2035. Mhmm. Em dash.
[1:34:06] Landy @CryptoLandy: You just have to give them 24 simple words. It's okay.
[1:34:11] Voice J: Em dash. Have you
[1:34:12] NatNat @Natnatx007: guys ever been a victim of this, the scam IRS call when they call you pretending to be the IRS telling you that you need to send them, like, $10,000 via Western Union ASAP, or else they're gonna send the police. Have you guys ever asked?
[1:34:24] Landy @CryptoLandy: Yeah. They got so bad. They came here with badges and guns and tried to pull me out of my house, and then they sent me to court and tried to put me in jail. But I was like, yo. It's just fake scammers. Get out of here. And then... Yeah. So after five years, I got out, and now I'm back.
[1:34:41] Dave @DCBK2LA: Do you guys pay taxes?
[1:34:42] Bread @_ToastMalone: All the time, bro. Love it. It's my favorite thing to do.
[1:34:45] NatNat @Natnatx007: Yeah. I mean, if the IRS is listening, we pay all of our taxes. We actually... We absolutely love paying our taxes. We never...
[1:34:52] MetaBeast @AKCMetaBeast: KYC, baby. Or go home. Or jail, I mean. Sorry.
[1:34:56] Bread @_ToastMalone: Hell, yeah. KFC, brother.
[1:34:59] Dave @DCBK2LA: I just also want you guys to understand, that Ryan down there has put in a sort of video request. Ryan, I apologize that I've not been following you until now, but you absolutely got my follow. Anyone that gives me sort of video ideas, 1000% gets my follow. And be careful. Be very, very careful what you actually wish for. Okay? Be very careful. So I... Yes. Ryan, I will create... Hold on. Let me just see what... Let me see exactly what he wanted, because I feel like this was a this was a really good one. He said... Wait. I wanna see Dave Puppet versus Landy Puppet, WWE cage match, refereed by Nat Puppet. And he cheered me on, and he said, let's go. You got this, Dave. Thanks, Ryan. Appreciate it, man.
[1:35:46] Landy @CryptoLandy: Ryan's good. Ryan's awesome. Yeah. You should be following him. I got...
[1:35:50] Dave @DCBK2LA: I got this, Ryan.
[1:35:51] Landy @CryptoLandy: But, I'm also gonna make a competing video where I win instead of Dave because you know he's just gonna beat this little puppet's ass, and Nat is gonna cheer him on instead of refereeing it.
[1:36:02] Dave @DCBK2LA: No. Nat's gonna throw the Nat's gonna throw the match. She's gonna try and literally just throw the entire match and cost me the match 100%. I know.
[1:36:10] Voice L: Team Mandy. Team Mandy.
[1:36:13] Landy @CryptoLandy: She's a lifetrack.
[1:36:15] Dave @DCBK2LA: And you you guys heard how stressed I was at the beginning? You guys heard how stressed I was? Yeah. You almost fell for the cohost trap. Know You what I mean?
[1:36:22] Landy @CryptoLandy: Yeah. I almost did. I I saw the cohost coming in, and it swung right past my head. I was like, oh, damn. Shots fired.
[1:36:29] Dave @DCBK2LA: Exactly. Exactly. And listen to everybody that's here. If you are... Are you not entertained? Okay? Are you not entertained? Because what would really be funny is if we told you that me and Nat planned that whole shit before the space actually started, that would have
[1:36:43] NatNat @Natnatx007: Oh, you can't tell them. Happy to
[1:36:45] Dave @DCBK2LA: do it. Oh my goodness. Everybody, have a good one. We'll see you tomorrow.
[1:36:51] Dave @DCBK2LA: Let it travel. Let it travel. Let it travel. Let it travel. And hey, vibes.
[1:36:58] NatNat @Natnatx007: Yeah.
[1:36:59] Dave @DCBK2LA: Let's go fucking.