WHY DOLLAR GENERAL CRASHED AND WHY IT DRUG DOWN CRYPTO

Intro so something important to really think about is when you have a president and they hire or pick a vice president they're going to be two very likely minded people or there's going to be some kind of an agenda as to why this specific Presidential nominee chose this individual as a vice president so were they trying to win some votes from A specific group of people or maybe you're on the same page that's why you typically somebody P vice president so what I want you to understand is that the as you can see right here as the custodia bank lays off more employees because of the Biden administration's crypto Crackdown that's just weighing down the entire digital industry so the Democrats have been against cryptocurrencies essentially these entire four years and this is why you don't really see a $10,000 ethereum like you should and this is why we had to go through pretty much hell of four years Key Points covered in video before the very end of it you saw Bitcoin and ethereum ETFs come and no thanks to Democrats but really thanks to Black Rock because let's be real about this black rock controls everything and aside from blackhaw controlling everything this was going to be one of those things where the Biden Administration can say well if we let this happen at the very end till end of my presidency I will get more votes from people that're investing into crypto cryptocurrencies and I really can't any battle against Black Rock so here we go Bitcoin ETF scheme and not ethereum ETFs but they're still suffering and you're really not seeing that growth or the inflow of money because of them now if you understand that yes you had Kamala for four years and again if you think the next four years if she becomes president they're going to be better for cryptocurrencies they really won't be you have the Republicans that really just want to make money as much as possible in any way shape or form which again is not the right answer to anything but also you have people that invest into crypto and you may want to vote Republican if you are heavy in cryptocurrencies so you can now understand when we have projections of Camala possibly winning by 64% which I don't think is true at all but if those do come out to be true you cannot understand the fear on the crypto markets and why you're not really seeing ethereum ETFs see these massive inflows of money that fear is real so you can kind of get a clearcut picture between the rate Cuts Jerome po the feds and possibility of an Administration that's completely stopped crypto growth for the last four years doing it again for the next four years the fear is real so just keep that in mind and then you kind of understand that we really crashed from like a $5,000 ethereum and A7 $70,000 almost Bitcoin to like $15,000 and then when Black Rock stepped in that was the only time you saw a change in what's going on so now that you kind of get that part let's talk about ethereum ethereum ETFs have finally now started getting a little bit of inflows they've broken the two week withdrawal streak in their first three weeks of trading theth have seen about 17 days of outflows money was literally running away from ethereum it was unbelievable by contract the Bitcoin EF saw only six red days so um just understand Bitcoin really is more of a safer bet for these big institutions and you have entire countries like Venezuela they're just buying Bitcoin so yes you're not going to see a selloff as big in Bitcoin as you will in ethereum so because they're just not selling right there's literally countries that will never sell their Bitcoin ever so cuz theyve literally switched the entire Stock/Crypto News country to use Bitcoin as their main currency so with that in mind I I want you to understand that we do probably are going to see maybe another few days of a sell off and then a massive massive pump up again I personally just those of you there in my patreon you know that I've gone all in with 50 ethereum and and I'm taking a big loss on them right now CU I'm averaged in at like 2900 or something like that so and we're in 2500s so if you think about it just keep this in mind I am losing a heap of money 400 time 50 okay you can see I am down basically and this isn't even correct cuz last time I looked I was down about 22,000 so uh I'm averaging pretty high but I do believe this losing streak is going to turn into a winning streak so I'm very very actually happy to be even holding ethereum in the $29 to $3,000 range now again if we take a look we're in 2522 and we are kind of holding steady right here I don't think we're see much downside I will be adding to bitcoin on a weekly basis every single day that is under $60,000 so if it's $59,999 I will still add to it and once we break above that I stop at 60 so that's how I'm playing my Bitcoin and Nvidia let's talk about Nvidia I want you understand that they're going to move to AMD they're going to move to arm to pener to whatever but they're going to move their money out of Nvidia now why are they doing this when the earnings report was great well here's a little explanation over here I want you to kind of understand the earnings per share was 38 cents grew by 11 cents from October 2023 to January 20124 so in three months this thing skyrocketed 11 cents per share Fant fantastic then immediately after that from 49 cents to 58 well now it's only 9 cents right so if we go then from April 2024 to July 2024 well we are now down to only about 7 cents per share so we're getting to the point we're probably going to see somewhere between 3 to 5 cents per share growth and then really they've kind of already calculated and priced that in so we're going to talk about in a second so the upside has already kind of been determined we already know we're slowing down we're slowing down drastically and there's very little money to be made going forward that money is now going to start slowly outflowing out Nvidia because they've squeezed out as much as possible out of it and they're going to start moving that money somewhere else now as Al also you can see the percent surprise in October of 2023 was 27% almost 30% which was cut in half very quick to 16% by January 2024 that fell from 16 almost 17% to 133% by April 2024 which was cut Again by 50% from almost 14% to 8% in July 2024 again we're now looking at probably that being cut by 50% again to somewhere between six maybe 5% could be even lower so they'll now move to probably AMD arm or whatever else else is going to give them a better return and again you can see here the high EPS for January of 2025 over here is going to be about 2.8 so really I kind of expect money to slowly start moving out of Nvidia I'm going to do a full breakdown on their earnings if you're interested make sure to subscribe to the channel and you smash the like button and then I'll kind of explain if you should be buying or what price you should be buying and what percent of your portfolio it should those are all very very important Top 5 stock picks questions you need answers to so ethereum dap okay de centralized app volume Rises by 36% in a week will ethereum price follow so what I really want you to gather from this is the kind of what is ethereum so it's the largest App Store crypto App Store on Earth again so you have Bitcoin which is just Bitcoin and then everything else is a um it's not Bitcoin right so it's an altcoin alternative to bitcoin the largest altcoin in the world the largest app that you can create crypto app you create cryptocurrency start businesses create your own daps decentralized applications that is ethereum so it's the King number one of everything okay so with that in mind when you see D volumes Rise by 36% in a single week that tells you most major companies have said to themselves you know what we're going to utilize ethereum for our businesses now once they start utilizing it you're not going to see an increase in ethereum price okay because once they start creating these apps it's not going to have a direct effect on ethereum price immediately but once these apps go live will it be 30 days or 60 days or 6 months then you're going to see this massive exchanging purchasing and volumes and transactions happening using the ethereum network and then you're going to see that skyrocketing now when can we expect this well if you're seeing a Death volume increase by 40% and these people have millions of dollars that they at their you know well I would say a very solid application could be created with a you know group of maybe a 100 really high quality engineers and programmers I would say in less than three months so I'm expecting some massive massive increase in ethereum price in the next 90 days that's very very quickly remember this is August so September October end of November you're expecting some massive massive increases in price again it might be even faster depending on how quickly they get them to work I am working on my own crypto exchange and I'm doing it by myself I'm actually moving very very quickly so if they have you know several several really qualified several you know maybe 30 40 50 programmers they can they can create these daps very very fast so very very bullish on ethereum again Dollar General has crashed by 32% and pretty much what they're saying is that they're they're braing and saying that financially the average Shopper that enters Dollar General is spending less money and that is really a clear cut sign of our recession when you're going to a Dollar Tree which now has crashed about 10 or 11% as a result of Dollar General and even though they don't report till like September 3rd or 4th it's just kind of selling off right now in because they know it's pretty much the same thing and they're also going to not report great numbers as well Dollar General is kind of telling us it's a real clearcut signed that we are either in a very hidden recession that's clearly obvious but the numbers are skew to make it look like it we aren't or we're just in kind of a delayed where it's going to massively hit us at some point in 2025 I don't think you're going to see a recession anytime in 2024 because they're going to make sure everything looks butter very smooth for the elections for the Democrats so what really markets do they are Forward Thinking forward looking into the future and they're saying well all of these companies earnings are going to tell us what's going to happen in the future and what really Dollar General tells us is that we're absolutely going to hit a recession at some point probably 3 to 6 months into 2025 so we are going to be prepared for that again if you're my patreon you will get my buy alerts my sell alerts you will get those those warnings and updates of any crashes so I will keep everybody posted but something very important to understand that Dollar General is telling us exactly what's going to happen in the future and Nvidia as well they sold off on great earnings report but it's not the great earnings report that matters it's the comparison of the last earnings report and the one before that and the one before that and if you're seeing a decrease in growth if those earnings per share slowing down if everything's slowing down even though it's a fantastic report you know the big big firms are saying themselves well we've Eed out about 90 to 95% of what we can out Nvidia time to get out this is why you're seeing this sell off and again you know in my opinion I don't think we're going to hit that $150 at all so now stocks rebound Nvidia is pretty good results and again the pretty good just kinds of means yes we barely beat expectations but next time we're going to meet or not beat so it's very scary so most of these investors are like do we maybe still hold on to some shares but cut this down and buy 10% 20% maybe sell half of our shares keep the other half they're not thinking it over they're going to make those decisions the next couple of days to a week and you may see a $92 Nvidia in my opinion so be careful again thank you for watching if you do want to get a portfolio reviewed if you want to get my buy and sell alerts if you want to get into my 10K 100K challenge it is all available via my patreon and again those of you in the higher tiers look out in the next couple of days you will be able to access a stock analyzer tool and a crypto analyzer tool as well which is very cool cuz none of them really exist out there so we should be the first ones with one thanks for watching and take care [Music]