The Future of Crypto: Will Bitcoin Push to $1M? | Ryan Myher | EP 50

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At participating McDonald's for a limited time a minecraft movie only in theaters the last thing you want to hear when you need your auto insurance most is a robot with countless irrelevant menu options which is why with usaa auto insurance you'll get great service that is easy and reliable all at the touch of a button get a quote today Restrict basically i believe that uh donald and cynthia will start a bitcoin reserve where the united states will own probably somewhere between two to five percent of the bitcoin supply over the next four years uh well maybe longer but it'll initiate in the next four years um and on top of that the minute they announce that everyone's going to be buying bitcoin right like all Like all these other governments like El Salvador has been like, you know, accumulating a bunch of Bitcoin supply.

But I think a lot more governments will basically copy the United States, start their own reserve.

And I think that if you're investing in Bitcoin now, you're going to be very happy in the next couple of years.

Yeah. what is up entrepreneur dna family this one is going to be good for all my crypto investors alternative investors our guy the trading genius i call him tradegenius.com is his website ryan meyer is here and this is why he believes donald trump is going to get Bitcoin to a million dollars per coin.
What's up, bro? How's it going? Thank you so much for having me. Let's hit that on.
Donald Trump's going to get Bitcoin to one million dollars per coin. I think so.
What are you thinking? Why would you say that? I think there's a number of reasons. I think the main reason is the Bitcoin Reserve.
He's working with Cynthia Loomis, who's the senator in Wyoming Wyoming, super pro crypto policy. They're doing a lot in Wyoming.
But basically, I believe that Donald and Cynthia will start a Bitcoin Reserve where the United States will own probably somewhere between two to 5% of the Bitcoin supply over the next four years. Well, maybe longer, but it'll initiate in the next four years.
And on top of that, the minute they announce that everyone's going to be buying bitcoin right like all these other governments like uh al savador has been like you know accumulating a bunch of bitcoin supply but uh i think a lot more governments will basically copy the united states start their own reserve um and i think that if you're investing in bitcoin now you're going to be very happy in the next couple of years yeah i mean i think if you're investing bitcoin now you're happy now right like today as a moment in time i'm just going to check because i i'm a crypto investor myself i don't day trade yeah but what are we at 92 92 000 right now i have no idea but bitcoin itself is at make me happy come on well i gotta get to my home screen 92 600 that's an all-time high all-time high. What a great day to be recording this podcast.
Doge coins at 41 cents. Look at that.
That's insane, right? People like Doge. Well, it's moving.
Yeah. Now, again, I don't day trade crypto.
I'm real estate through and through, but I'm an investor, right? So I pick and choose my investments. I love crypto.
Talk in a general sense, right? Your website is tradegenius.com. So anyone who wants to know more about Ryan and what he does and how he does it,

tradegenius.com. But what is happening right now to push the needle? Because as someone who's

invested in crypto for six years, I mean, I was buying Bitcoin when it was $1,800.

We love that.

So maybe it was more than six years, but you get the point.

Yeah.

What's going on right now? I think like the, the big impact is, is Donald Trump being elected. I think that's like, what's pushing the needle immediately.
I think more generally the market's been primed for like a leg up for like the last couple of months. Um, and you know, you're seeing, I think there's like crypto specifically has a lot of cycles, right? And a lot of things kind of go into those cycles.
I think one's like venture capital. And so you've seen off of the tail end of the last cycle, a lot of the venture money that was flowing in there, a lot of them are getting like liquidity events, right? Yeah.
So there's like all the port codes are now launching tokens. They're starting to see liquidity, which means that they can go raise another fund and they're like more than happy to deploy the rest of the the money that they have yeah um so i think we're gonna see like basically you get a bunch of funded companies you get a bunch of tokens you get a bunch of retail interest there's like all these kind of components that come into like really pushing the market forward um and oftentimes there needs to be like some sort of catalyst this the last two years we have like the etfs which are a huge catalyst yeah and then that coupled with now donald trump.
Yeah but the last two years would you say anything happened like I don't really remember because I don't day trade but I feel like for example like Ethereum I mean it was somewhere between 2200 and 2800 for like as long as I can remember it really didn't do a whole lot. Yeah no I've become less faithful in ETH I was holding a lot of ETH for a while sure but it just hasn't been moving.
So I've been holding a lot of Solana. Yeah.
I'm a big Solana guy. I think it's awesome.
And all of the things, maybe not L2s and things, but a lot of the meme coins and things like that are being launched on Solana because it's super fast, super cheap, user-friendly. Yeah.
And a lot of our volume on Genius we see on Solana as well. So let's break down kind of what I think a lot of the listeners probably don't know, some of the very basics, right? So I want you to like rewire your genius here and go back into just basics.
Yeah. There's the hold coins, right? And stable coins, the Bitcoin, the Ethereum.
What else would be considered in that? I'd say Bitcoin, Ethereum, and solana are probably the three main stable coins yeah let's walk through the kind of hierarchy of coins right so you have the stable coins bitcoin being the top of the top right ethereum and solana let's talk about those two coins why are they stable what do they really do we don't have to get in the trenches about like exactly but yeah why would they be considered stable then what's the tier under that right and then going all the way down to alt coins and meme coins and all this other stuff i think okay so uh to start uh coins represent different things right um and so usually uh blockchains specifically have a native coin right bitcoin's block bitcoin the blockchain has its native coin which is bitcoin same thing with ethereum native coin is ethereum and solana is solana um they're like the three largest blockchains and i think that's kind of why their coins are uh valued at what they're valued at right because you need them for gas fees and other things and so there's value accumulation there um and then uh outside of that there's like different categories of coins we have like alts which you mentioned which are basically basically alternative blockchains we call them alts but um they're just smaller blockchains that don't see as much usage but it's still a blockchain but it's still blockchain yeah and then they have their native tokens maybe uh some good examples of that are like phantom for example um and i could get into like so many different like specific examples but like phantom maybe arbitrum etc um is that arb arb yeah yeah so i've invested in arb what is phantoms phantom is like an uh what is the ticker what's the ticker uh ftm yeah yeah i have some ftm so so they're rolling out like a new l2 and they'll have like a bunch of things but uh yeah it's but there's an actual functionality what i think some people need to understand is this isn't some you know when when crypto started to first hit scene eight years ago or whatever, when people started to really recognize it, people are like, this is all fake nonsense. There's just a thing that people are investing money and there's nothing even, there's no paper to it.
Right. So it's not like stocks where there's paper, there's no real estate to it.
So people are just like, ah, it's nothing. And funny enough, my uncle, I love you.
And my accountant, he was by far the biggest hater. Like he thought I was an absolute lunatic.
Degenerate. Like he said, what the fuck are you, you're putting 10 grand into what? Yeah.
Like he just was like, this is going to die. You're going to lose your money.
Obviously I've proved him well wrong. Yeah.
You know, and have made into the seven figures in crypto. But I say that to just say, like, these even altcoins technically have functionality behind them, which would be the blockchain, and they do all different stuff, right? Yeah.
A lot of them, they can vary from, like, governance to, like, being, like, the, it's not like a value accrual mechanism, but it's like like a gas so like if a blockchain is like a decentralized computation you need that specific token to like facilitate that compute right yeah um so like there's so many different examples like uh and another example that people might be familiar with is like ftx had a token fdt and if you held fdt you would receive lower fees sure on and things. And so we may or may not be doing something similar to that.
That's cool. But yeah, I think there's a ton of different use cases.
The majority of the time, the difference between use cases varies, but they always stay away from being considered a security. That's the most important thing.
That they have to stay away, right? Yeah. Because I remember, what, a year ago, two years ago, they were going after everything being a security.
Exactly. And everything like stopped in government.
Like, oh, these are all securities. Yeah.
And my understanding is that's all kind of done. They all kind of proved it.
No, they're not securities. Yeah.
So anything new that comes out, their whole thing is they don't want to be a security. Yeah.
Exactly. Yeah.
Depending on like what the, and if there is any sort of like a characteristic that might, you might consider it a security, they, they try and initiate that characteristic after the fact. So the way a lot of these companies are structured is you'll have a Delaware C Corp, right? And that'll be a development company.
And then you'll have a Cayman Island Foundation. The Cayman Island Foundation is a decentralized organization where people vote.
And so like, as I mentioned, like governance, right? Like if you're holding the token you can uh participate in this voting yeah um and uh and the cayman foundation is responsible for uh kind of pushing a lot of uh agendas and the development company is uh the one developing these things and then basically uh creates proposals for the dow to say yes or no yep um and so that way you know, you can stay away from like issues with different organizations. Sure.
And but anyway, so a lot of times whenever people do these things, what they'll do is they'll basically push if it has a characteristic of a security, it'll be something that's voted on by the DAO, not so much the development company. So, but it's very complicated and everything's in the gray space.
There's not like a lot of regulation around crypto right now. Yeah.
And I think, you know, I would still make the argument and tell me if you agree. Sure.
I don't even remember when it was. Probably 2012, I guess, I was buying Bitcoin at like 1800.
Okay. That's 12 years ago.
Is that right? Maybe that's a little long. Yeah.
Maybe, no, it wasn't 2012. Maybe it was think yeah something okay call it 10 years ago sure yeah and literally i had a buddy just trust me on this this thing is the new thing it's gonna hit i promise you i'm like okay i don't know yeah i'll trust you i'll throw it at it sure right and i think he was buying it He was like, dude, my money's doubled in like 40 days.
And I'm like, I'm in whatever this thing was. Right.
And obviously that was a great play. But I say all that to say we're still infantile when it comes to crypto.
Right. Like really infantile.
Yeah. I completely agree.
Yeah. I think like kind of like the vision for genius.
I can give you like where we're at now and we like plan on going towards but um right now i think most people use genius to trade meme coins okay transparency right you hear of dogecoin then you hear of all these other coins um and uh genius is a place to basically buy any token you want so talk about what that is so what is tradegenius.com yeah so tradegenius.com is like a first of its kind of exchange so i can kind of give you like the alternative so So we have Coinbase. Everyone's heard of Coinbase.
Coinbase is really cool. Two big problems with Coinbase.
First is they custody your funds. So you deposit $100 on Coinbase.
They can freeze your funds, get fucked if they do it. That's right.
Who cares, right? The second thing is you can only buy what they tell you you can buy because they have listing teams. That's right.
So that's like another example. Because I try to buy shit that wasn't on their platform.
And I'm like, now. Now what? Exactly.
Right. And so that's a centralized exchange.
Great, because it feels safe. But those are the two big issues.
The alternative is a decentralized exchange. And they're usually chain specific.
So like Arbitrum, Ethereum, there's a bunch of tokens like Dogecoin. People don't know this, but Dogecoin is actually a coin launched on Ethereum.
Right. And so there's millions of coins on all these different chains um and so decentralized exchanges are cool but they're always chain specific so you're like okay i can only buy tokens on this and it's a pain it's a pain in the ass right yeah it's like i'm not even gonna get into it because it's like complicated to get money on these chains and then buy and there's like liquidity fragmentation so basically what we said we were like what if we could make it as easy as buying something on coinbase yeah give you full self-custody of the funds and then do it across all chains so that that way there's no liquidity fragmentation and so that's what genius is it's the first place to buy any token on any chain instantly and you created it yes you're smarter than me by a lot no no but by all i'm not not me it's the the shuttle labs team yeah um so i mean that is cool as shit I tell anyone, if you're interested, you got to make sure you go over there, right? TradeGenius.com.
Because I'm interested. So if I'm interested, you guys should probably be interested.
So I would tell you, well, let's keep going through this hierarchy, right? So we got to the altcoins, right? Alternative coins, which essentially are still blockchain, but their functionality maybe is less, so or they're smaller chains what is the next layer of this i'd say the two other kind of types of coins are uh like what we consider cash so like cash equivalents so usdc or usdt um so they're basically pegged to the us dollar there's like large organizations are they pretty safe at that point yeah yeah so like it depends on which one specifically but like usdc full faith in like they hold like u.s treasuries plus u.s dollars to back their usdc one-to-one so if you're holding at one dollar in usdc you know there's like actually something behind it interesting um but i think usdc is super powerful because it allows for like instant cross-border payments anywhere in the world so like to any platform so you could buy if you if i took my usdc from coinbase i could buy on your platform because it's just one-to-one exactly yeah um and so i but like even like paying people too right like if if uh like we have engineers in india and venezuela and all these places it's like i pay them to their genius accounts usdc um and i think like like the people in America what they have a problem with and what they can't wrap their heads around is like how does this impact my life like why should I buy this one it doesn't change my life it's like it doesn't need to change your life it's changing like many others lives yeah um and it'll eventually kind of come full circle and like I think like the global economy will operate on like USDC slash like crypto and that's of our big bull thesis. Right now, meme coins are super popular on Genius.
You can buy a meme coin. But in the future, I think many things will be tokenized, like real estate, intellectual property.
So many things will have tokens and have different values and be geographically assigned. And we want Genius to be the US stock exchange, but for the world so like where anyone can go buy any token yeah um that's like the big picture so um we already went through did we get to meme coins so where do mean yeah meme coins uh i i love meme coins of course yeah they uh people think they're stupid i also thought they were stupid i back in like 2016 all my friends were buying Dogecoin and I was like, this is so fucking stupid.

And they're buying a .000000001 and now it's like 40 cents.

Exactly, yeah.

So they've done all right.

Yeah.

But, you know, my ignorance was like, this is stupid.

There's no value assigned to it.

Like what?

Sound like my uncle.

Yeah, I did sound like your uncle.

But then I kind of came to this moment where I was like,

you know, there doesn't need to be any value because um all meme coins are it's like assigning value to culture uh totally that's exactly right and so it's like if something has cultural relevance then like people are going to buy it um and like we've seen that like all these meme coins launching like every day um and and i think that's kind of like you know as i mentioned like if you can't buy something on coinbase then like you're shut out of luck right um and so our whole thesis was like dogecoin was once not on coinbase and it was valued way less than it was when it was on coinbase so like imagine if you can buy coins on genius and then get the upside of whatever these big guys list them um like that's when you want to get in yeah yeah um so trying to give people that opportunity is like a big thing for us as well so a couple random questions we kind of started the episode talking about donald trump and how you think he's going to get yeah bitcoin to a million dollars per coin sure but then let's play into this next thing that was announced i think yesterday the day before donald just made elon musk the uh head of doge doge but essentially like i even name was, but he's, like, in government now. He has a position in government to, like, help organizations run efficiently, essentially.
Exactly, yeah. Did that play into Doge's run? Oh, 100%.
Elon Musk has moved that coin every time. 100%, yeah.
So, yeah, so Elon and uh were just basically uh marked as the heads of the department of government efficiency there you go government efficiency exactly and uh and it was a play on doge for sure was it but i think that it was kind of factored in like the last couple of weeks like the last two or three weeks like because they've been talking about it yeah that was definitely like a catalyst in doge coinsinn's run recently there's no doubt it has to be right to go to 40 cents with like 39 cents or whatever it's like 100 it's insane it was at 0.000000 something yeah it's insane and so i mean funny i have doge but i wish i was way holding it way bigger right of course yeah um that's how it always goes and that's where and that's where it's like it's like funny like people ask me all the time when should i excuse me when should i buy crypto yeah um today right now and today is exactly because like i i think the funny example that i've been using is we have thanksgiving and christmas approaching yeah and either you're going to be the person at the table that's talking about how you're happy you own crypto or you're going to be the one sitting there as other people talk about crypto because crypto is going to be a conversation in millions of households you know this year oh my god what a great like analogy or just kind of idea right like you're either going to be the guy like yeah man i should have gotten in yep or you're gonna be like dude look at this is that right like which guy do you want to be exactly uh i have a really good friend uh that is i mean he literally quit his job he just went all in right and it's because he was essentially day trading yeah and was doing so well he went all in yeah i am the other side of that i do real estate full-time so i want to get to how crypto leans into real estate how does that play out because they've been talking about that for four or five years six years um of course they're but do you kind have advice for those out there because i i would tell anyone that like isn't ready to go all in and you're very extreme right you've built an entire company around it and a whole trading platform my friend is pretty darn extreme he went to full-blown day trading quit his multi six-figure job and he's making more money doing it day trading right now he's very successful at it yeah but wouldn't you make the the point that even someone like myself like it's almost like to some extent just a retirement account exactly like pick a couple relatively safe maybe one or two higher risks and just keep throwing money at it and dollar cost average until infinity exactly that's what that's what i do personally yeah obviously i'm like building a company in this space sure um but that's what i've been doing since like 2017 so yeah you just just buy it and hold you know i have a really close friend dan fleischman who has said like how many guys have an iphone right so we'll both speak on stages together sure and you'll go out there and you'll go like who's got it who's got the iphone you know the whole crowd 2 000 people are like he goes, great. Raise your hand if you have Apple stock.
And like four people raised their hand. Yeah.
And his point is how can culturally people spend $2,000 on a phone but not make any level of investment banking on the company that they know is making said phone at all and it's that skew of of like intentionality or priorities right um and i would make a similar argument not quite as tangible right because i don't know if crypto has anything tangible but like this is a very real thing like people need to be betting on their future and in my point

and i hope you can argue the the same point hopefully yeah it's such an infantile space still

yeah to your point you think bitcoin has a shot at going to like screw a million going to 200 000

right like i think we're gonna hit 100 000 i think we're gonna hit 100 000 by end of year

by end of year yeah by jan 1st yeah right and i was buying at 1800 dollars yeah right

I'm going to hit 100,000. I think we're going to hit 100,000 by end of year.
By end of year. Yeah, by Jan 1st, yeah.

Right?

And I was buying at $1,800.

Yeah.

Right?

That is 1,000x, essentially.

Oh, quite.

You know.

Yeah, it's a lot.

500x.

Yeah.

So I say that to just say, like, talk to the people.

Like, what should they be doing right now?

There's going to be hundreds of thousands of people that listen to this, watch this. What do you give them in this world of of crypto sure yeah it's scary and that's why a lot of people like you know they'll get in and they'll be like okay what do what do i do now um so this is to be very clear not financial advice this is not financial advice but this is what i would do sure um and this is what i i tell my friends as well whenever they ask this question um so i think like the safe bet is like, say you put 10K in an account.
Sure. I would always like diversify between a few things.
So it's like probably Bitcoin, Ethereum, Solana. Okay.
And then I leave a little bit in USDC or cash as like my play money for like those Dogecoin bets, right? Because at the end of the day, it's like cool, like making like 7% is fun, right? Yeah. But like, I'm not here to make 7%.
If I wanted to make 7%, I'd go put in the s&p and not think about it right as a real estate investor i would give you 12 if you get money to me i'm going to give you 12 there you go even better backed by real estate right so you're not if you have relationships like me then you got to be making a little bit bigger bets on your money because exactly you have me that could just give you the 12 every month exactly i'm so like that's what I'm looking for. Like, you know, Bitcoin over time,

like looking like north of 50% annually.

That's like the goal, right?

And then for meme coins,

like I'm looking for the thousand X all the time.

And like, you know, I've had some like crazy days,

like nothing like insane,

but like fun ones where like,

there's this one coin called Tesla.

There's like a meme coin on Tesla.

For sure.

Called Tesla.

And it was like, I put a hundred bucks in in the morning. I checked four hours later, it was $30,000.
So I cashed out $30,000. Yeah.
No way. It was just like some stupid shit, right? And like, it's just like the most ridiculous thing, but like that happens on like a daily basis in a bull market, right? And so it's like, I'm always looking for those stupid things where it's just like, you know, like to a lot of people, like what's the average salary? Like 45K, right? Yeah.
50, 50K. Maybe a little more now, but still doesn't pay for shit.
Yeah. It's like more than half their salary.
Yeah. That's right.
It's like, and it was a hundred dollar bet. It's like, you're going to go bet on sports.
You're going to go bet on all these things. It's like, why not bet on the culture? Where can they learn? Like you can't sit there and just give financial advice and neither can I, but where could someone be like, I'm going to throw a hundred bucks on this.
Yeah. Right.
How would they ever know? Like, how would I ever know? ever know i don't know how would i ever know that's where it becomes complicated uh it's i think

there's like two places i think uh one is twitter i think like if you want like a real pulse on

crypto specifically twitter is like the place to do it like there's like a couple accounts that

you can follow and and like you'll get a good pulse on twitter right um and outside of that

it's it's i would say like for the most up-to-date relevancy i'd say yeah i'm only i'm only gonna

Thank you. that you can follow and like you'll get a good pulse on Twitter.
And outside of that, it's, I would say like for the most up-to-date relevancy,

I'd say Twitter.

I'm only going to say one actually. Yeah, yeah.

Twitter's a place, yeah.

Yeah, and I would tell most people like please just understand

we're not giving financial advice.

Yeah.

I'm a buy and holder anyways, right?

So understand if you want to learn more and make educated bets on yourself, then do that. But, um, I always say like write everything off to zero, right? Like don't put something in if you're not pulling a hundred percent, but that's why like most people can throw 50 bucks at something once a week.
Exactly. Yeah.
Like, like, like sports betting, right? Yeah. Like sort of, but even better.
Yeah. Like, I mean, literally if you just put 50 bucks into Solana once a week for the rest of your life, you were make millions and millions and millions and millions of dollars that's a safe for the rest of your that's a safe bet yeah but i guarantee they're gonna go to starbucks one time this week and probably spend 40 yeah once let alone the other like five dollars every week right so exactly it's just a priority thing i think sure i had a great conversation with someone uh recently just talking about like this right because i i'm like, Jesus is just, this is a bull market again, right? Yeah.
Would you make the point? How long do you think this would likely, and again, you don't know for sure. No one will.
But like, I'm going to make the point this is going to be a bull market for six months, maybe a year. Right.
A year or so, yeah. I think it'll really like truly kick off in like 70 days whenever Trump goes in office, I and then as we i think it'll depend on that will be the actual start of a real bull market where you can start to see crazy shit like it doubling and everybody yeah yeah uh i think that yeah especially i think there'll be like maybe a few catalysts in between then or not in between then but like post that right like the uh if if you know trump and cynthia announced like

hey we're doing this uh bitcoin reserve and we're buying 200 million into coins let's go back to this yeah so you think donald trump is gonna have the united and by the way it would be donald but yeah they are gonna actively have the united states of america create a reserve yes just like we have our federal reserve specific for Bitcoin.

Yeah.

So like how we hold a bunch of gold or and yeah yeah it'll 100 similar thing and you stated this publicly and cynthia has also been uh on the way i was at an event in wyoming with cynthia it'll give me like all my arms are all crossed really yeah yeah so that that's uh and and to be honest i think what's going to happen is like um they're going to announce that yeah a bunch of countries are going to do the same thing bitcoin is going to skyrocket i think we're going to see like like ludicrous numbers and and my like uh interesting projection is i think that in the next like 25 years there's going to be like a tier one country and in my opinion it's going to be a european country they're going to be terrible financially they're not going to do the bitcoin reserve they're going to be um an insurmountable amount of debt um but all the european countries have like decent uh defense equipment and i think that there's going to be like a country like el salvador or somebody in latin america who has a ton of bitcoin that will trade bitcoin for defense equipment to bail out a country in. That's like my wild, like, just like projection.
I don't know how wild that is. I don't know.
Seems to make sense to me, especially with everything that's going on in South America, right? Like in El Salvador and whatnot. Yeah.
What else plays into this bull run, right? Is it just strictly politics? Is it maybe New York, right? Is it retail, right? What else can kind of play into whether something's going to run or not right we just talked about government they wanted to consider ethereum a sec right security filing and blah blah blah yeah none of that has ever taken shape yeah what else plays into all this um yeah i think government's a big thing i think regulation with the sec specifically is going to be a huge like if if trump if trump fires gary gensler that'll be the best fucking day of my life like no because what we're building is like you know in such a gray area and i think if you have someone that's super pro crypto regulation but like in a good way um that doesn't kill innovation like that's that's that's us. Of course.
Well, it's like, Gary,

like, they have this thing

called Operation Chokepoint, right?

Where it's like,

they're just attacking Coinbase,

Minoswap with all of these,

like, basically bullshit lawsuits

just to, like, basically burn cash.

Yeah.

And make it look like

they're doing something

to scare people, right?

It doesn't mean anything.

They haven't won anything ever.

But it just harms

the rest of the industry,

especially in America.

It's like, why, like, if I'm going to start a crypto company now like why would i why would i do it here instead of dubai um but i think like to answer the question is you need gary against argon to be able to actually like make that argument for the united states so the company that you just started right is it hose is not here uh so our dev company is in the united states uh we follow a similar structure to what i mentioned earlier yeah like the genius bridge protocol is uh a protocol that's run in the cayman foundation sure um and then basically what our dev co does is um we've built the front end and we manage the front end and uh we basically submit proposals to our dow uh to push different pieces together let's get back get back to meme coins. There was a moment in my life, I want to say it was 2020.
Yeah. You know, COVID was here at all the time in the world.
Everyone did. Yeah.
It's like, fuck it. Let's go into these.
And the names were ridiculous. Yes.
Right? Like, just the most, like, purple panty eater. And you're just like.
Can I talk? Can I say my favorite meme coin favorite yeah yeah so my favorite one of this cycle that is like like my my advice to people and meme coins is bet on cults right sure cults you just don't bet against the cult my favorite cult right now is called retardio it's uh it's interesting it's interesting for sure but it's basically uh just a group of mentally ill people that are like so bullish and weird and like like they're just they're insane but like they are like die hard to the point where like they get people to like have such strong conviction sure in it that like yeah and i have yet to see a community have such crazy conviction and yeah yeah it's incredible it's wild yeah and It's just like this group of like weird people on the internet and like i mean i'm a part of it i guess but yeah sure i have an irresponsible amount of money in retardio so irresponsible amount of money i think again the people who are just getting in probably think any dollar is irresponsible now are people too late for retardio or no crypto definitely not definitely not i mean we've we've had this discussion about like the federal government buying crypto right i think like yeah you know where that hasn't happened yet so anytime before that i think is even even after right because it's not going to be like a oh they just make one massive buy right it's going to be they're going to be basically dcaing or dollar cost everything over the course of like a decade um and so like anytime around like you know that's going to be coming in so like anytime is a good buy honestly how would you suggest and if you can like i'm a dollar cost average guy in a general sense same yeah i just slowly trickle in because i kind of take that philosophy like if it's good enough for you to buy now yeah it'll be good enough for you to buy in a year. Sure.
And you dollar cost average those investments.

Exactly.

Yeah.

Do you kind of,

I know you said you do the same thing.

Exactly.

Yeah.

I think it's the safest way to do it.

Cause you can't time crypto markets,

right?

Like there's no like,

like,

you know, maybe for stocks,

you can like time things around earnings and you can try and time things.

Right.

Nobody actually knows what the hell's going on.

But with crypto,

it's like, there's no like, yeah like there's no like yeah there's no like indicator typical indicator that's right um so yeah the the safest thing to do is dca there's no point in trying to time a market you know and like the reality is this is probably not what you're doing full-time you're making income on like a w2 probably full-time um and so like yeah just dcaing it and and and continuing to like add to your stack is the move so in a general sense the stable coins give you some level of security sure the alt coins give you a little bit less level of security what do you think's going to happen in this what you and i both agree is going to be a bull run for seven months ten months a year sure what will. What will be the catalyst for this bull run? Is it just simply Trump? Is it that basic? No, I think there'll be a number of things.
I think it's like Trump policy regulation. I think the ETF inflows will be a big piece of that.
Like the day Trump won the election, record-breaking Bitcoin ETF inflows. And what's an ETF for some people who don't? It's an exchange-traded fund.
So basically a lot of these like large Wall Street guys have basically launched these ETFs where if you buy like, say $1,000 worth of an Ethereum ETF to them, they're also holding $1,000 worth of Ethereum on our side, which is why it's really good for us right before you could buy like uh what do they call them uh kind of like phantom products where it's like you can buy it it's like worth it but like they don't it's probably like fractionally reserved right yeah it's not like one for one but like for these guys with these etfs they actually have to hold it on the balance sheet and so it's like if you're buying if there's four billion dollars in inflows in the etf that means there's $4 billion in buying power on the other side. So that's really good for crypto, which is why it was such a catalyst and why people were so excited whenever the ETFs got approved, the two being Bitcoin and Ethereum.
Ethereum has been kind of a bummer on their ETF inflows, but Bitcoin's been fantastic. And I think you're going to see, I think it'll just be like this viral effect of like okay like you know something happens maybe in government maybe in regulation bitcoin price skyrockets all these people with 401ks who want exposure to bitcoin have been waiting oh i don't know price moves 20 they're like fuck we missed out and then they start aping in and it's just like it basically creates that hysteria that you saw during the last cycle like 2021 so basically it almost creates this cult-like action that people keep thinking they're missing out.
Yeah. So they keep buying in, which is going to keep this bull run going and going and going.
Sure. Compare it.
Now, here's where I was going to go with this last question. Compare this to the relativity of a stock market.
Sure. Yeah.
Right. The stock market exchange has been around for, I genuinely don't even know, but let's call it 100 plus years yeah right um i i don't in my non-expert opinion non-expert opinion uh i don't even see how it could be comparable in the sense of growth like i just don't see how a stock like apple could get the same amount of growth for the next five years that what i would argue Ethereum could right I completely agree yeah but they're just two very different things right like Ethereum is like very foundational right yeah like it's like you're trying to rebuild like the financial system from the ground up right um and the value of that of rebuilding that entire system is accrued on Ethereum's that's right um and so like Apple I think like they've done a a great job um but i'm not entirely sure like whenever i like to project and i'm like okay what can they really do to like meaningfully move a needle such that it like you know five x's over the next decade right but like ethereum it's like if they actually succeed in like rebuilding this financial system from the ground up i'd like the global scale where anyone can participate it's like that's like huge upside yeah yeah 5x we're talking like 50x yeah right or 500x in some cases right because to your point is the foundational side exactly if we wanted to equate coinbase as the biggest platform to a new york stock exchange right like you have the older more customized stock that stocks you can trade buy and sell each and every day sure and there's way more than that but everyone gets the point and then you have your crypto and you can functionally do the same thing and i just think it's the infantile place right now that if you have some level of risk or some level of willingness to say I'm happy to throw $50 a month or a week or wherever your financial at something.

Yeah.

My. You have some level of risk or some level of willingness to say, I'm happy to throw $50 a month or a week or wherever your financial at something.
Yeah. My unexperts ass would argue you're going to make such a higher return in crypto.
Yeah. I'm just saying that because I have definitely blue chip coins, right, or blue chip stocks, right? The Apples, the Teslas, the Amazons.
I have money over there. I don't even put money over there anymore just because if i am going to invest in something i want some more upside yeah making an 18 return in a year awesome for stock market yeah of course that is nothing for crypto yeah that is like oh i'm so disappointed i just made 18 in a year literally yeah i i all my i was telling you this earlier but last night i like made a leveraged bet on dogecoin i was was up like three grand.
But it doesn't excite me anymore because it just fluctuates so much. Like I said about the Tesla, it's like, that's exciting.
Dude, this has been fun. It is genius.
What is the website again? TradeGenius.com. This is Ryan, TradeGenius.com.com this kid is 25 years old way smarter than me by far i'm very impressed by everything you're doing thank you any last words regarding crypto obviously go to his website go to his platform use his platform yeah um but what else just regarding if we we can probably give you some sort of referral link and if anyone signs up like we could probably like give them like free crypto or something let's do it yeah let's do it let's do that it'll be in for if you're watching this on youtube it is in the comments yeah um and if you're listening to this on apple or spotify get over to my youtube go to justin colby on youtube watch it go to the comments click that link yeah dude appreciate you showing up thank you so much for having me yeah dude if you guys found at least one thing share with two friends.
If there was one thing that you thought was very valuable, share this with two of your

friends. I'll see you on the next episode with another killer guest.
Later.