Summary
➡ The speaker discusses the controversy surrounding Bitcoin, the potential of ETFs, and the soaring interest of pension funds in investing in cryptocurrencies like Bitcoin and XRP. The speaker advises diversification over investing entirely in one asset, stresses the importance of own due diligence, and securing crypto in a wallet. There’s a caution against scams and the perils of letting greed guide investment decisions. Also, they acknowledge the importance of clear thinking for becoming a multimillionaire. Lastly, the speaker mentions signing stacks of presumably merchandise and emphasizes on being vigilant in verifying online deals and links.
Transcript
And just, you know, really quick, before we jump into what’s going on with Chat GPT and the XR P price, is the camera moving around a lot? I’m just curious because it is shaking like crazy right now. I’m filling out all these COAS and the ninja doesn’t have a signature, so that’s what it looks like. Mrs Ninja says I screwed it up, but this is the official pen.
I can’t even show it to you. We’re going to talk about that because I’m going to tell you my real thoughts on that whole XRP coin thing. Now that it’s for sale, let’s dive right into this. Oh, is it shaking? A little bit? Just a little bit. All right, cool. Let’s talk about Chat GTP there’s a story out of Amb Crypto and there’s a lot of these stories right now.
Sorry about the bouncing, guys. I’m driving down the road trying to multitask here, so just don’t watch me. Just look away. Don’t look at me. Chad GBT thinks $8 is a realistic target for XRP in 2024. And I really want to talk about this. It talks about ripple had been loggerheads with the SEC Securities Exchange Commission. Blah, blah, blah, blah, blah, and let’s get to the thing. Court delivers partial judgment.
Blah, blah, blah, blah, blah. All right, let’s do this. Here we go. John Deaton. Blah, blah, blah. Oh, gosh, here we go. Chat GPT deciphers some fundamental questions. Note that Chat GPT has limited information until 2020 only. There’s a plugin for that, whatever. That makes it difficult to pull data beyond 2021, let alone make future predictions. Ergo ergo, ergo we followed Chat GBT jailbreak techniques, but come on, let’s get to the dollar thing.
It’s called Clickbait for a reason. They totally got me. Here we go. Chat GBT predicts the price of XRP. We asked Chat GBT to predict the price of XRP toward the end of the year. At first, the bot didn’t respond. I don’t blame it as well as it didn’t have access to any real time data. Then we decided to jailbreak it. The jailbroken version predicted XRP’s price to reach $3 by the end of 2023.
Let’s talk about this. I think this is very important. First off, I was talking with somebody the other day. Very accomplished young man. He’s not that young CPA, and he was telling me how much he’s into XRP. Super price. I shared with some of my past with XRP, and here’s the problem. Everybody is expecting it to do two things go up insanely in price tomorrow, right? And I’m using that as an example, like, really soon, and they’re putting all their money into it.
I want to highly suggest you don’t do that. Now, this is not financial advice, this is life advice. You never put all of your eggs in one basket. Why? Even if, fundamentally, you believe and understand the truth about whatever you’re investing in. I buy gold for this reason, right? Because Federal Reserve’s printing money and over time, it buys a fine tailored suit with 1oz. It keeps your purchasing power.
Or I’m buying XRP because Ripple is building it to move currencies around the world, right? No matter how strong your case is and your understanding and knowledge of that, there are still factors outside of your control. I e ergo, if that’s even the right way to say this. The SEC coming in and trying to stomp on your investment, which it did with mine, that put your plans off.
And so you can totally understand and believe in an investment, whether it be a stock, a mutual fund, whatever, real estate, but if it doesn’t, do what you’re expecting it to. And honestly, most people type one, if you understand, because I suffered from this for a long time and it was the crypto markets that broke me of this habit. I would dive a bunch of money into one investment, expecting it to go up in the next six months or a year, and then it didn’t.
And I’m not holding the bag because I believe in the investment, but I didn’t get where I wanted to. Someone dan’s being honest, I suffered from this for so long. So I split up my bags, I had some silver, I had some gold, I had some crypto, different types of crypto, especially in the crypto realm, when one would explode. And I bought them all for fundamental reasons, right? One would explode, I still believed in the other one.
So I’d take the profit and dive it into those, right? And then one of those would pop and I’d dive the profit of those and, boy, my portfolio did increase substantially. But I warn people, this crap is clickbait. People like Chat GPT predicts I don’t give a crap what Chat GPT predicts and do. I think that XRP is going to $3 by January. The only way that would happen is some serious FOMO came out, because crazy news came out.
Look, the fact is, I believe that financial institutions understand what XRP is and what it’s going to do with the XRP ledger and they are interested in buying it slowly in the right way. They’re not like crazy people that go FOMOing in and blow up the price. Like, I don’t care how much it is, I’m going to miss out. That’s where the fools rush in and institutional investors know, hey, we’re going to use shorting, we’re going to use Spoofing, we’re going to do all kinds of things to buy that asset at cheaper prices.
Okay, so now I want to explain something. So I’ve been signing these things, right? The team that’s building these coins, they just sent me a photo of one. I licensed the image of the ninja on the coin. I like the team that are building these things right now. These aren’t for sale. It’s over, right? It got shut down by what’s it called. This is a prototype that’s actually got XRP on it, that wall.
You can check it if you want. But my point being is that I want to tell you my real thoughts on it, because I always said from the beginning, I like this team and I like what they wanted to do and what this coin they’re building represented. Because I remember the original bitcoin. That was a physical bitcoin. It wasn’t precious metals. I don’t believe it was. Stop me if I’m wrong, but it was one bitcoin.
And when they sold it, I don’t remember how much bitcoin was at the time. I don’t even remember the year it came out. I want to say it was like 2014 and let’s say bitcoin was like $20. They were selling the coin for hundreds of bucks, right? And everyone was scoffing at them back then. And now I think there’s only a hand, I don’t remember how many. There’s an entire encyclopedia written about it, a book written about the coins, and they had one bitcoin on it and everyone mocked them back then.
Now, those things are worth insane stupid amounts. So when they came to me with this idea to make this coin, I’m like, yeah, I want to do this, but it’s just purely a collectible now, I’m going to be honest with you. Now that they’re all sold and I’m not signing because the ninja doesn’t do cursive, that’s what the ninja signature looks like. And to make it all legit, like, we’re actually keeping the pen, it’s signed with all that kind of stuff.
It’s just funny. But the truth is, I think this is one of the coolest collectibles ever. The way the team did it, with all the certificate of authenticities. And when the hologram goes on the back of these, the exact same hologram with the same security numbers here, this isn’t a sales thing, but I want to explain something to people and this topic goes completely with the whole XRP price truth.
You don’t put all your eggs in one basket. This is purely a collectible. This is not I mean, people invest in collectibles. I have, and I’ve done well in the past. But collectibles are only worth what or a stock is worth, or a cryptocurrency are worth what the last person paid for it, really. And it all comes down to perceived value with everything. And that’s why we said, I’m like, if you want to invest in silver XRP, this is not the idea.
You need to go and buy it, right? And then you need to store it properly. All of Wall Street’s freaking out about this bitcoin. ETF. Here’s the truth, most people don’t understand how this works. The only reason why the Bitcoin ETF is a big deal is because when funds go raise money and then put out their prospectus, they line out what they can and cannot invest in, or what they are going to invest in in that fund.
And since Bitcoin is not recognized and there’s still tons of controversy around it as a currency, all that stuff, these funds, these ETFs, these pension funds, sorry, they’re not allowed to invest in it. They want to could invest in an ETF. And the reason why is because they backstop that with insurance. They can insure an ETF. And no, I do not believe there’s any fundamental Bitcoin in those ETFs.
I think most of them are lies, they’re false and they just back it up with insurance policy. But my point being is that’s why it’s a big deal, because all these pension funds are vying at being able to invest in Bitcoin and XRP has been named in a bunch of these like the grayscale and all that kind of stuff. Point being is this do not dive all into one asset, even if you completely believe in it.
Do I believe that XRP is going to be worth a lot more in the future? Yeah, I do. But that shouldn’t sway you to invest in it or not, you know what I mean? You need to do your own due diligence. But yeah, I think that it’s very important. Let me ask you this, type two, if you guys own XRP, there’s like 795 people in here. I’m curious how many people type two real quick, it’ll give me sort of an idea of how many people are in here and I would just because of the title you do.
But the thing is that my thing is hey, sea Dogs here. Right on, sea dog. My thing is that I want to make sure that people are doing things right. If you own crypto, you need to have it on a wallet. I put a link down to Treasure. Oh, that’s another thing. It’s an affiliate link, but use it or not, it’s not going to cost you anything extra.
But you need to use verified links. Everything is crypto. Everyone wants to rip you off, they want to steal from you. Don’t go down those rabbit holes. Don’t answer texts from people like the people that are scammers the thieves down the comment section and say, hey, they’re me and I want to invest your money. I’ll never invest your money. I’m not a financial advisor. I’ll never ask you for money.
I’ve got my own, I’m doing well, I’m blessed and I want you guys to be blessed. Well. Part about being blessed is having a good head on your shoulders, not throwing a bunch of money into one asset. Being diversified, not trusting. And it’s greed that drives a lot of people. They’re like, oh, I want to invest and make lots of money. And then some thief from some other country is pretending to be me with my icon saying, hey, text me make you rich.
It’s like, dude, people have got to think clearly. So part of that success level, if you want to get to that level of being a multimillionaire, you got to think clearly, and that’s pulling emotion out of that. So I hope that you guys got something from this. I really am excited for these coins to go out. I ordered a handful of them myself. And so this is my signature.
I’m signing it right now. I’ve got a stack of these blank ones, but actually, I wanted to do this live. And the team’s watching this right now because this actually brings more legitimacy. There’s, like 500 of these things. My hands sore. But yeah, the ninja if you see the ninja signature, it’s printed. Yeah. Ninja doesn’t do cursive. I was horrible in high school. I don’t know. I actually really do mean that.
All right, that being said, I thank you so much for watching the academic ninja. Wait a minute there. Work is out. .