Welcome back to the Steady Trade podcast, everyone. I am Tim Bowen back with Matt McCall.

Listen, you know, as we're recording, you know, an interesting time in the Bitcoin market and the crypto market overall.

And, you know, I, I know I'm,

I like to tell stories. That's why I like to podcast. But like before I bring Matt on, you know, it's interesting. Like I still follow a lot of these crypto accounts on X, you know, from from back in the

few years ago. And a lot of them, you know, they kind of went dorm, they always go dormant when

crypto goes nowhere. But then the last few months, like it cracks me up with these guys, man,

like just peak like like the emotional troughs these guys go through. Like you go back to a few

months ago and like just irrational exuberance, just like, you know, screaming from the mountain tops.

And then you fast forward to the last couple days.

And it's all over.

I got scammed again.

And it's just like, man, it's just this emotional roller coaster with them.

And I'm just like, as a guy that day trades penny stocks, I almost want to reach out to

them and be like, guys, you know, part of trading is like having a plan, like what you're going to do.

And the reason you constantly go through this emotional roller coaster of I'm a millionaire or I'm going back to McDonald's is because you have you just buy these things and and hot all them with no plan no stop loss and no profit goal like listen if Bitcoin goes to a million as we record this podcast

99% of these guys wouldn't sell because they'd be like,

it's going to 10 million nets. And it's like, it's just wild to see the emotional roller

coaster that they go to. So, but that being said, Bitcoin pulling back to the low 50,000s right now,

which again, if you look at a longer term, still pretty incredible, but there's a lot of panic out there.

And I know a lot of you that are probably asking you why. Why is this happening? So as always, my man, Matt brought a bunch of data. So welcome back, Matt. How's going, my man? Good, good, good. Thanks, then. That's a great little intro because you're right. I it's it's it's it's that kind of get rich

quick mentality right that a lot of these people have where you know they may have made a lot of

money very quickly and big you know uh boom when it went bitcoin and especially all coins are

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