Ronnie Moas: Cryptos, Crashes, and Causes that Matter // interview bitcoin cyptocurrencies david moadel
welcome to looking at the markets with David Modell my very special guest today
is mr. Ronnie mullahs he boy he is involved in so many great things
yes he's known for making unbelievably accurate predictions in terms of Bitcoin
and cryptocurrencies in general he's been right time after time but he's also
involved in other things such as food for the poor and we're going to be
discussing that as well because that's important to mr. Mohan it's important to
me we'll also talk a little bit about equities and stocks and any ideas or
predictions on the direction of the stock market in 2018 and beyond mr. moe
laughs welcome to looking at the markets sir thank you for having me today thank
you for being on here I know you're a busy man you've been doing so many
interviews and I've watched probably almost all of them if not all of them so
you know people have questions about Kryptos and we'll jump right into and
then we'll get into food for the poor and and beyond so there's a well-known
Warren Buffett quote he has I'm sure you've heard it many times mr. Buffett
who I respect very highly and perhaps you do too has called Bitcoin a big
bubble and he has actually said quote you can't value Bitcoin because it's not
a value producing asset what is your response to that sir what is a value
producing asset my response to that is look at the US dollar it's dropped 75%
of its value since I was born 50 years ago Gold doesn't isn't a value producing
asset I don't even know how much gold there is in the ground I know how much
Bitcoin there is and I also know that in the next couple of years we are going to
be in a situation where there are hundreds of millions of account holders
around the world trying to get their hands on a few million Bitcoin and there
will be no supply reaction from the supply side of this equation because
there can't be it's a mathematical formula the supply is camped and this
mind Modelling supply-demand imbalance here
is what will drive this price deep into the six figures in the next few years as
far as Warren Buffett goes with all due respect he missed a lot of the names
that came out of the Nasdaq 20 years ago and he will be the first to admit that
to you I don't expect him to understand or get his arms around this concept
either it's just not his area of expertise right we're not getting
involved in equities or investments that he doesn't understand thoroughly so I
guess we can't blame him for not getting involved but for the younger generations
this crypto revolution that's what I'm calling it is so exciting I'm sure
you're maybe sick and tired of people asking for price targets but I got to
say it you know 2018 what are we looking at here well I recently raised my price
target on Bitcoin from 20,000 to 28,000 that's just the next year and I imagine
I'm probably going to revise it higher as the news headlines come out and as
the dominoes and obstacles in crypto sway fall down I adjust my price target
accordingly if you want to look out three years I see a $150,000 target
there and it's very conservative the way I'm calculating this we have 200
trillion dollars right now around the world tied up in stocks cash bonds and
gold and all four of them are overvalued if two percent of that 200 trillion
dollars ends up in crypto you're looking at a four trillion dollar market
capitalization for the entire space and that would be almost seven times where
we are today if Bitcoin holds on to its current market share it puts the price
at $140,000 and that's using a two percent figure now if you want to look
out seven to ten years I think that in game a year is that Bitcoin will go from
where it is now number fourteen in the world on the car
it's evaluation rankings 193 currencies bitcoin is now number 14 I think it's
going to number one and if it goes to number one it would have a market
valuation of between six and seven trillion dollars and when Thai gold and
China at the top of that rankings table and it would put the price between 300
and 400 thousand dollars depending on how long it takes to get there and where
gold and the Chinese currency are trading at the time by coincidence they
both have the same valuation right now fascinate has now and current investors
be concerned I'm talk about Bitcoin investors long-term should they be
concerned about the possibility of the government creating their own token to
compete with that because they would have something powerful they would have
a government backed token and is that something people should be concerned
about I'm not too worried about that boss there are more than 150 countries
in the world so unless it's China or South Korea or Russia or the United
States I would not be too concerned and even if one of those countries cracked
down or issued their own currency it would not be too much of a concern of
mine boss this the rest of the world that will pick up that slack and that
supplier may get dumped by that particular currency gotcha and there's
only 21 million that's the cap where 16 million now but there are estimates that
4 million or 3 million have been lost so right now we only have 12 million in
circulation and I would say two-thirds of those aren't even available for sale
I know I'm not selling my Bitcoin and my neighbor is not selling his so you're
looking at maybe 3 4 5 million available for sale at any given time and so no one
country is going to be big enough to destroy the supply-demand imbalance that
we have here yes it would be shock the headline would cause a little
bit of a panic if God forbid a couple of big countries come up with a joint
statement on the same day that could be nasty but I don't think that's going to
happen understand now who do you think does better when it comes to Bitcoin
investing a so-called Hodler somebody who just buys and holds for dear life no
matter what comes or somebody like me who likes to buy the dips because I've
noticed that Bitcoin comes up back up and more every time it dips who do you
think that's better over time that's a good question and I have an
answer for you you have to play Bitcoin the same way you played Amazon during
the last 15 years it went from twenty dollars to eleven hundred and fifty from
twenty dollars to 1150 even though there were people trying to short the crap out
of that in the last 15 years the entire way on the way up they said this company
is losing money on every book that they sold but that they sell and that was the
that was the bear argument for many years up until recently and the way that
you made money with Amazon is the same way you make money with bitcoin you have
to buy it you have to hold on to it for a few years and every time there was a
nasty correction you have to add to your position when it goes on sale when Jamie
Dimon made his ridiculous comments back in September
Bitcoin dropped from 3,800 to 3,200 within 24 hours and I told my
subscribers you have to buy this guess what it's up six hundred percent on a
fork and split adjusted basis since he said that one thing that's important
sure I have to girl call me a week or two ago and she was crying to me on the
phone she says Ronnie one of these guys on Twitter who sells bitcoins sell
signals based on a chart pattern told me to get out of Bitcoin when it hit 9:00
$700 last night and this was a couple of weeks ago or a few weeks ago and he says
get out of it it hit the top of its trading range at 9700 and if you get out
now you'll be able to buy it back at seven or eight thousand dollars when it
corrects she went to bed at 9700 exited her position the next day at had eleven
thousand four hundred and today it's at nineteen thousand and change yeah yeah
so that's what happens when people tried to trade this it's like the stock market
you can time the market you have to know when to get out when to get in when to
get back out again when to get back in again and eventually you will get burned
away this girl did yeah 75% of your Bitcoin money locked out on a treasure
device okay and then you can trade the other twenty five percent that's okay if
you like the trading game you wake up at three o'clock in the morning on a Sunday
you have nothing else to do the Bitcoin market is open you want to make a couple
of trades that's fine but three-quarters of your Bitcoin money should probably be
locked up in a buy and hold portfolio that makes a lot of sense to me now
speaking of your subscribers I'm looking at standpoint research calm right now
that link is in the description of this video I want everybody to go visit that
it says right here looking at your performance page since 2004 you have
beaten the S&P 500 by at least 500 basis points with 66% of your recommendations
no firm has been able to match that accuracy I think that's fantastic now
when people go to your website what services do you offer what will they see
there well I put email I put out research via email four to five times a
week and I put out between 50 and 75 stock and crypto recommendations during
the course of the year I have a top ten ranking versus more than four thousand
people on Wall Street for my performance the last ten years every single one of
the six hundred recommendations that I put out since 2008
we're time stamped into by at least four different nose wires
including briefing comm Bloomberg and Dow Jones and I've also given 100
television newspaper radio and magazine interviews just in the last few weeks I
was on CNN CNBC Bloomberg Barron's BNN CBC and Fox with Maria Bartiromo
just this past week I just got off CNBC Asia I did a Skype interview with CNBC
Asia about an hour ago and that video will post on their website in the next
hour - and I'm very honored to have it away for my my little youtube channel so
once again thank you for doing this actually your YouTube channel than some
of those names that I just mentioned trust me okay okay I appreciate that
yeah I mean again I'm looking at the services you offer you have services not
only for institutions but also for individuals you have basic and premium
options for members it is affordable I know that you will tailor it according
to you know what people can't afford and what is reasonable for them so that's
really fantastic Fanta excellent excellent just want to
talk about equities in general for a moment I mean 2017 has benefited almost
everybody except anybody who shorted just about anything in the equity
markets the VIX is at all-time lows it's gone below 9 a couple times this year
unbelievable I don't know can this continue is it sustainable or do people
just need to get the heck out of stocks right now I think if you took some money
off the table you would not regret doing so I think that there might be another
six 8% upside here but the downside is double a triple add what's funny is I
actually put out a poll on my Twitter page yesterday I will be getting my
twenty thousand follower on Twitter next week sometime yeah a new poll was what
do you think will hit 30,000 first the number of Twitter followers that I have
the Dow Jones or Bitcoin and two-thirds of the people it was like
66% of the people felt that we would hit 30,000 on Bitcoin first 30 percent of
the people Foyle I would hit my thirty thousand follower first only three
percent of the seven hundred people that voted thought the Dow Jones would hit
thirty thousand before Bitcoin and my follower account does which is really
stunning bullets were already above 25,000 on Dow Jones yeah and I agree
with that I think that this market is overvalued my ideas are generated by a
one hundred fifty five variable computer model that took me five years to develop
and three-quarters of the names are overvalued and then from what remains
most of those names are value traps or fairly valued 90% of the names of the
S&P 500 I won't even look at because I'm a la guy and good valuations so one of
one thing that's important I'm sorry to important me important for me too and I
think the stock market will just will double from where we are in the next 20
years ok the problem is we could get a nasty
correction in the next year or two so the question is do you want to try to
pull out and hope that you get to buy those names back at a lower price what
do you want to just stick it out and stay in the game
and not check your statement on a regular basis so every boss you know
market timing is something that historically does not work very well but
I think the odds are probably tipped in your favor especially if you rotate some
money into crypto that chances are you're not going to regret that trade in
the near term yeah I tend to that right now people getting into equities are as
the old saying goes picking up nickels in front of a
steamroller I think that cutting back on exposure to equities there's nothing
wrong with that cash is king and if cash is king then maybe crypto currencies or
even bet are even higher than the king so right yeah totally agree and by the
way you touched upon your winter account people should visit that
as soon as they're done watching this it is at Ronnie moss and I will put that
link in the description and on the screen right now as well all right I
wanted to talk about something super important there are things more
important than getting rich on kryptos and equities and that is helping others
something that you've been passionate about I have a master's degree in
education I'm a former elementary school teacher so I know that you and I have
something in common we're not in this for the money we're in this because we
want to help people that's just our personality as educators in the world
I'm gonna put a link in the description as well for your particular link for
food for the poor dot org and I'm actually looking at the I see your goal
on the unfor the poor is ten million dollars
you've got five hundred fifty five donations so far and that's only that's
what's listed it'll probably be updated pretty soon so what is this initiative
all about no that's an updated total I've already raised more than a hundred
thousand dollars we got donation number 555 a few minutes ago but this is just
starting to gain momentum I have some celebrities on board now that will be
helping me drive people to this page and I've done a lot of interviewers recently
an interview that I did with B and N Canada a week ago has already been seen
more than 280,000 times on YouTube so this is starting to gain a lot of
momentum this fundraiser that I'm doing for food for the poor it is a
magnificent charity they distributed last year a billion dollars in
humanitarian aid administrative expenses were less than five percent
it's a firestarter charity that was established in 1982 their headquarters
is a few minutes away from where I live in my I live in Miami Beach their
headquarters is in Coconut Creek I have given so much of my own time and money
to this charity over the years that the executive director took me with him as
his special guest to Haiti a few months ago and I see how people live on $3 a
day and how drainages starving to death there and
you know you donate $100 to this fundraising page that I have it pays for
400 pounds of rice and beans and that's enough to keep two starving children
alive for an entire year there are 3,600 dollars we can build a 400 square foot
concrete home and take a family of six people off the street I figure from the
cryptocurrency explosion if you've doubled your money as many tripled or if
you've had some ten beggars why not give back some I think exactly to who much is
given much is expected it's straight from the Bible and you
know people have no excuse if they're following me on Twitter and they haven't
paid for my subscription service the very least they could do is give
something to the charity it's the least that anybody could do you know we're not
talking about a massive donation it's affordable for just about anybody so
please go to that even if just a few and I hope more than a few people you know
respond to this and donate you're going to probably save some lives I mean this
is a organization that offers food housing clean water education emergency
relief and more fighting poverty in 17 countries in the Caribbean and Latin
America so please donate and that link again is in the description by the way
David we did add Porto Rico to that list after the recent talk and that's talk
there I think that's great fantastic that that is so important so I want to
see I want folks if you're watching this please give do it just do it don't thank
so much alright and and finally want to talk about other the so called altcoins
which is a funny name because all it sounds like alternative although Bitcoin
itself is the alternative but you know people who feel like they maybe missed
the bus on Bitcoin they're getting involved in some altcoins
ripple you know which was specifically mentioned by Bill Gates aetherium seems
to be powerful litecoin seems to be more affordable perhaps than
Bitcoin a certain to some people I get it are there any alt coins that you're
particularly excited about right now well the problem is is that I've
recommended five alt coins recently and they have all jumped by between 150 and
800 percent so obviously I don't feel the same way about them now as I did a
few months ago I recommended Cardinal to my subscribers three weeks ago and it's
already out seven hundred percent I recommended stellar two days before
that and it's also up several hundred percent Manero was another
recommendation I put out it was trading below a hundred dollars at the time now
it's trading above three hundred dollars like coin and etherium with two other
names that I've recommended both of those who are up sharply I don't think
bitcoin is in a bubble but I am a little bit concerned once you go below Bitcoin
that a rising tide is lifting all boats right now and I'll have these names on
the top fifty and have market caps of a half a billion a billion two billion
three billion dollars are not worth anywhere near that and that could be an
accident waiting to happen you have to be very careful with the
altcoins off the table right now and selling a little bit into this rally if
you're out five hundred percent take 20% off the table and then you're playing
with house money and you're not risking any of your own initial investment pigs
get fat hogs get slaughtered and turned into bacon that's what I say on Wall
Street and it applies to the all coins right now very true so you're not just
an unrestrained bull you're exercising caution you know when to take profits
that's hugely important it's not just the entry strategy it's the exit
strategy and you can find all of that both with the free content as well as
the premium services on standpoint research calm people should check that
out also once again the Twitter is at Ronnie
and mola sorrow and iëm OAS that's all in the description
and on your screen right now mr. mo last I know your time is valuable
I'll wrap it up but is there anything else you wanted to say to my audience no
I think we did we covered a lot of ground and though we could leave
something for next time thank you for having me oh my goodness there might be
a next time I'm excited that's fantastic yeah Thank You mr. Merlotte's for
joining me you're welcome back anytime sir on looking at the markets thank you
David thank you for watching please like
comment and subscribe and I'll see you next time
For more infomation >> 💸 Complément de salaire : comment avoir un complément de revenu sérieux grâce à l'internet - Duration: 9:25. 
For more infomation >> How to Change a YouTube Personal Account into a Brand Account - Joe Cullen Learn - Duration: 5:41. 
For more infomation >> Пресс-конференция Путина 2017/ Время и стекло -Тролль - Duration: 1:59. 
For more infomation >> Como ganhar dinheiro facil na internet gratis 2017 - Duration: 3:02. 
For more infomation >> Not Gonna Lie: The English We Speak - Duration: 2:42. 
Không có nhận xét nào:
Đăng nhận xét