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Become an Ethereum Millionaire (Turn $800 into $1 Million) - YouTube
Channel: BitBoy Crypto
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most people interested in cryptocurrency
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are interested for one reason
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and one reason only life-changing gains
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that produces financial freedom
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early retirement and for many of you for
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the first time ever
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girlfriends but the truth is many of the
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people who are reaping these benefits
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already bought into crypto a while back
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i've been here for years and i can tell
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you that the gains
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are sweet but have you missed the
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opportunity to become a millionaire in
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crypto
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can ethereum still make you a
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millionaire or have you completely
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missed out
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we answered those questions and more
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today let's get it
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biswap gets you the very best price and
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bitswap is changing the game try it now
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at bitswapdex.io
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welcome to bitboy crypto my name is ben
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everyday on this channel i show you how
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to make money in cryptocurrency
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if you like money and crypto then make
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sure to hit that subscribe button
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and smash the like button so more people
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can find out about
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ethereum one way you could get some free
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crypto
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is by signing up for buy bit you can get
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a 500 deposit bonus
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by signing up at buybit.bitboy.live
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a vpn may be required depending upon
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where you live
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now after you sign up visit the link
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down below in the description
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sign up for the bitboy trading
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competition where we will be giving away
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a full bitcoin to the top traders in the
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competition
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you start trading with as little as 100
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bucks for the competition and when
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so make sure to sign up today now in
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this video
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we are going to be discussing ethereum
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and hit all-time highs
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today and people are freaking out
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meanwhile they're also wondering
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how high will ethereum go then we'll be
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discussing a killer strategy you can use
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in order to make the most money possible
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some of it is a little risky so
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speculation
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warning but these are proven ways people
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have made
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money one guy literally turned 800 into
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a million over the summer this happened
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with the d5 craze now
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if you want to find out how he did it
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make sure to stay tuned all the way
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until the end of this video
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i believe lightning has the opportunity
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to strike twice with defy
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so you're definitely going to want to
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pay attention but we have to start with
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what is going on with the ethereum price
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and the further potential explosion for
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it as
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of this moment the price of ethereum is
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dipped back down
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under 1400 to 13.86 but by the time you
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watch this
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the price could be well above all-time
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highs or it could be back down below
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1300
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just keep in mind the actual current
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price of ethereum is not drastically
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important for where the price is heading
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in the relative short term
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and by that i mean in the next few weeks
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according to the coin market cap chart
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of ethereum
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it is now firmly at all-time highs but
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this is totally dependent upon
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which exchange you use as a reference
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point or an
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indicator coin market cap uses the
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weekly chart
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and aggregate prices but some exchanges
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showed higher prices for ethereum in
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2018 than anything on coin market cap
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in general there were three prices
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people were honing in on
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1448 which was the highest price any
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exchange showed during that time in 2018
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1428 and then 1418
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1428 is the general price most people
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use as the all-time high number
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earlier today the 1448 number was
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challenged and the 1418
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price was definitely broken so was 14.28
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i feel confident in saying most people
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consider the price of ethereum overnight
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to have hit a new all-time high but
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here's the thing
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just like we see with bitcoin i'm very
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confident
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that the prize of ethereum will set many
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new all-time highs
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over about the next three weeks and
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beyond we're seeing the price of
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ethereum break out the same way we saw
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the price of bitcoin break out
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once it pierced all-time highs this
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helps us to understand
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how our top crypto assets may perform
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once they break
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all-time highs the ethereum run is going
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to be an
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interesting case study to examine as we
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anticipate new all-time highs for
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other projects that were popular in 2017
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and in january of 2018 during our last
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true altcoin season
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those projects to watch would include
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bitcoin cash litecoin cardano and others
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so you need to be paying close attention
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to ethereum over the next few days and
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weeks
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so checking out what bitcoin did when it
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broke all-time highs
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you would see that over a period of 24
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days 23 days and 20 hours to be exact
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the price broke out a total of 113
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percent for running into rejection at 42
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000
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and floundering for a bit we also though
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by the way have reason to believe that
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bitcoin is getting ready
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to break out again soon but that's for a
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different video
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remember that for all those guys that
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flip flop every other day when we tell
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you prices are
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on the move upwards since bitcoin is the
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only asset though we really have to
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compare ethereum 2
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let's examine what ethereum could do if
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it follows a similar track
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here's a chart showing a likely path of
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ethereum and if you want to get excited
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then now's the time
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if aetherium follows this track the
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price of one ethereum
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will be over three thousand dollars
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before valentine's day
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by february 12th to be exact for me
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personally i'm going to actually be
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conservative on my next ethereum
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prediction
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let's go over my track record for big
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predictions i said early
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last year that the price of bitcoin
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would hit all-time highs on december
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23rd of 2020
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give or take a week exactly seven days
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before december 23rd on the 16th
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they're going to hit all-time highs for
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ethereum
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i said we would hit all-time highs on
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january 17th
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early on january 19th today literally
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less than 30 hours after i predicted
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ethereum hit all-time highs so you
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should probably listen to what i'm
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telling you here
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ethereum will be hitting 2500 by
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valentine's day
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this is the move that we have been
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anticipating and i've been talking about
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forever
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i expect bitcoin to be somewhere close
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to 50 000 by valentine's day
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meaning that ethereum will be climbing
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in its bitcoin percentage
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we've discussed if the ethereum price
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can get to even eight percent of the
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price of one bitcoin
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we could be looking at a twenty seven
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thousand dollar ethereum if bitcoin
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cooperates with ethereum at twenty five
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hundred dollars in bitcoin at fifty
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thousand dollars we would already be
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seeing that number
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double from where it was a couple weeks
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ago at two point five percent
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all the way to five percent of bitcoin's
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price if not higher
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okay so ethereum basically 2.5 xs in
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about a month pretty good
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but unless you had 400 000 in ethereum
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before that it won't make you a
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millionaire
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so how can you turn a small amount into
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a large fortune
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hold on and let us pause for a
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speculation warning
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speculation warning the following
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information could lead to you making
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massive amounts of money or losing all
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of your money and becoming
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homeless the answer to the million
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dollar question
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is d5 or decentralized finance we were
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making a killing over the summer with
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projects hitting the moon left and right
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decentralized finance is the future of
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not just ethereum but crypto in general
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and it makes sense cryptocurrency is a
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financial market
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and devi is the manifestation of
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blockchain in the financial sector so
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put two and two together and you get
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four four million dollars potentially
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but a quick look at divi pulse shows
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that there's 25
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billion dollars locked up in d5 we
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examine a little bit further and break
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that down
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you see that that's actually about seven
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million eth locked up that's
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six percent of all aetherium locked up
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in d5 is pretty good
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but counting the ether locked up in
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validator nodes or e 2.0
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number is actually a much higher percent
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this is great news for the ethereum
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price
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and the institutional run of fomo into
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ethereum we've talked about it for a
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long time
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hasn't even came close to happening yet
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but the deeper news and analysis here is
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that there's a
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ton of opportunity in d5 obviously
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looking at d5 blue chip coins
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like ave synthetics maker compound urine
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finance curve
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and others is a solid strategy we've
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been adding to our divi holdings like
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crazy lately and has been paying off
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but there are a lot of other strategies
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we can use to turn a little into a lot
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one less degenerate strategy than
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throwing all your money in random
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finance coins
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is to forecast the huge amount of
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problems the ethereum network is going
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to have if we truly are
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under round two of the d5 pump looking
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back at the ethereum pump over august
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last year
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you would have noticed the largest moves
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were coinciding with the d5 craze
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this was when things were absolutely
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exploding in defy
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and for ethereum i mean the price
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doubled in a few days
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very similar to what we've just seen
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over the last month but
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with this explosion came some harsh
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realities for ethereum
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it just can't scale as is gas fees were
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probably the ultimate factor in pushing
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the price of ethereum lower
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and popping round one of the d5 bubble
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gas fees
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were upwards of a hundred dollars per
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transaction
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for smaller traders that negates a lot
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of their profits so because of this
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we can see a huge opportunity bubbling
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up for the likes of cardano polka dot
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cosmos
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binding at smart chain tezos and others
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the glaring weakness of ethereum at the
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peak of the next device swell
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will likely leave opportunity for other
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protocols and platforms
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to pump on the speculation that they
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could fix the eath gas problems
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but the most degenerate way people can
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turn a little into a lot over the next
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few months will be by betting on super
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small and new finance coins
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now before we get into how one trader
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turned 800
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into a million i want to explain what we
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will be doing on
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this channel during this time over the
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last device run we covered a ton of
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those smaller
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high gain yielding projects some of them
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were even sponsored but on this next run
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we're not going to be focusing on those
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really really small coins
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a ton again as you'll see looking at
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this story to make life-changing money
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though
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you do have to take big risks on getting
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rug pulled but we just feel like our
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responsibility in this space
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on this channel has grown so much over
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the last year can't take the risk of
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letting people get wrecked even though
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it is part of the game those losses are
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baked in to the big gains people get
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so if you're a small finance coin don't
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be contacting this channel we won't be
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covering them
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unless they are blue chippers like ave
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synthetics etc
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but this guy razer or atrazer eats on
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twitter
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posted a thread on how he turned 800
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into a million dollars
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you can visit his twitter account to see
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the entire thread but here's the deal
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this guy's been in crypto a while so he
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gets the game he understands it but in
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august
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of this year razer started with 1.8 eat
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and ended it
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with over 500 each by flipping coins in
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the d5 space
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by the end of the month he started
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piling in 50 to 100 eath and anything
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that could go up
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something familiar to me many of those
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projects though he lost money on due to
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rug pull scams
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these are huge in the space and i
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personally felt victim drug pulls and
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yield farming projects
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would dump the minerals to the two to
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six figures in the last d5 run so i get
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it
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and i told you guys then if you want to
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make money in this divide craze
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you have to build in huge losses to your
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profit strategy
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while i lost a lot of these scams and
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bad projects
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the ones that hit made me much more
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money than the ones that exit it
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so the long and short of it is that you
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have to have balls
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of steel and be willing to take big
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losses
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to cash out the biggest gains but just
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remember
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it comes with risk so if you're a risk
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adverse
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you just park yourself and eat and watch
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the gains come in you'll likely get a
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girlfriend by valentine's day
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i guess there's a first time for
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everything but guys where do you think
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eath is heading to also do you think
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that we are heading to round two of the
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device race
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drop your predictions for that down
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below and also don't forget to smash the
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like button for us on your way out
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that's all i got be blessed bible
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[Music]
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you
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