'You had to take the trade, I would rather lose the money'

The markets have people on edge right now. Bitcoin, the stock market, even gold and silver. They've been going sideways and the price action hasn't been so obvious. But we're going to be discussing today with Jason, Jason Sen, who looks at these markets, who trades these markets, who's been in the market for over 40 years. And we're going to go through exactly what is going on, what he sees in this market, the opportunities, when exactly will he be opening new trades, deploying capital, and all of that good stuff. We're going to chat completely transparently here. So I really hope you enjoy it. If you do appreciate this, you can check out Jason's channel using the links in the description. You can subscribe to this channel. And on top of that, guys, as you know, we are now partnered with Coinbase here on this channel. Yes, you heard it correctly. Actual Coinbase. Is the camera going to see me? Come on. Come up. Come on. There we go. Actual Coinbase here. And you can get up to 275 USDC in rewards right now if you use my link in the description. Guys, literally, if you complete your ID verification on one of the top crypto exchanges right now, they're going to put 25 USDC into your account. For me, this is a no-brainer. So if you want to check it out and you want to trade, the other day we did open a trade over on Coinbase. You can see it works really well, just like any other exchange that I use. Plus, you can buy crypto here using a card. You can do everything you need on Coinbase and they're willing to give away these awesome incentives. For example, you get 25 USDC when you open your first trade. And you're going to get a 24/7 dedicated concierge. And again, one of the most trusted and longest-standing exchanges on the planet. I bought my first Bitcoin on Coinbase in 2017. And if you want to check it out, guys, the links are in the description. Just before we jump into the video, please remember nothing in this video is financial advice. I am not a financial advisor. Crypto is extremely risky and no results are guaranteed. There are some affiliate links in the description and I may earn a commission at no extra cost to you. Good >> see you, Connor. I'm fine, thank you. >> How is How are the markets doing for you? >> Oh, >> [laughter] >> that says it all, doesn't it? Poor. I was doing all right until about Thursday morning, Thursday afternoon, and then I completely lost lost all track of what's happening. I couldn't really understand. So, I backed off. I didn't trade Friday. I thought like you know, I'm I'm I'm focusing on gold at the moment. And I was doing all right with gold until Thursday yeah, around lunchtime. And then I left it alone Friday. I'm glad I did cuz I wouldn't have done well on the non-farm payroll number. That's just guessing and gambling to me. So, coming into the market on Monday and I must say I don't really know what to expect for this week. It's Labor Day today. We've got CPI and PPI Thursday, Friday. So, I'm guessing today Monday, Tuesday Monday, Tuesday, Wednesday will be pretty quiet. How about yourself? >> Yeah, I mean first of all, I hate when the market's closed cuz I spent the whole weekend like "Oh, come on, market." And then comes around I don't check what's happening in America and then the market's closed and I'm like "What am I going to do all day?" But I just wanted to quickly check there cuz I hold the U sits ETFs. So, the I mean over in those markets we're up, we're doing all right. I mean up half a percent on the Nasdaq this morning, up very similar on the S&P. So, looking bright. I mean we have a big week ahead of us, don't we? Friday we've got CPI. So, another another big print there to see what happens with the market. How's the How do you see? I think last time we spoke we were both pretty bullish on the overall stock market. Everything for me, I mean >> [laughter] >> obviously I base it on a different different metrics to you, but for me what I'm seeing is kind of everything's cooling, right? In the sense of like the AI trade went absolutely insane for four to six months. Everyone was making money, so they grabbed everyone else who came in late. They all jumped in at the top. They've all been annihilated over the last week over the last month or so with, you know, the microns and stuff going down. And I kind of see that is kind of like a I don't know, a digesting of that move. That's kind of how I'm seeing the Nasdaq. So, probably sideways consolidation for a little bit of time here. What are you What are you kind of seeing? >> I actually think you've nailed it. That's actually my opinion. You know, well, ever since we started talking, I've said I don't think the stock markets are going to go down and they haven't really. Pretty much have only gone sideways. But, your point they're up a bit this morning, your ETFs. So, and and even on Friday after the nonfarm payroll number, stronger than expected. I mean, okay, you could read that as bullish because it's a strong economy, but you could read that as bearish because it increases the chances of a rate hike and stock markets don't like rate hikes and we've also had, you know, higher bond yields. But, through all of that, stock markets are steady. Yeah, they're just They are just holding steady. And I think longer term, that's got to be good. Any negativity is just being washed off, you know, being disregarded. And I know some markets are taking taking that, you know, the the interest rate rise seriously because we've seen gold collapse. So, gold's sort of paying attention to rates. Stock markets don't really care. The dollar doesn't really care. That's not really moving. So, yeah, unfortunately, I think you're right. I don't want to be right about this cuz I don't want markets just to go sideways. It makes it harder to trade. I like a nice trend where I can just jump on the train and sit back. >> Exactly. >> I think right you're right in what you say. >> Yeah, [clears throat] I think it's interesting. I've I've recently started trying to pay more attention to the gold market. I want to maybe try and get into a little bit of trading over there. So, I'd love to have some of your opinion on that. But, with the stock market again, rate hikes, we've been in a in in a in a environment with high interest rates, right? And if that doesn't stop the Metas, the Microsofts, the Amazons piling in cash. So, I think it's easy for like new investors to kind of think, oh, oh, Friday we're going to get CPI, maybe inflation is going to come in hot, maybe they're not going to, you know, steady rates, maybe they're going to put them back up or whatever. But really, you know, and a 0.25, 0.5% hike is not actually going to make any difference to the big companies that are just they're just piling in money. And uh so yeah, I think that's sort of like, you know, they're going to be selling in fear and then these companies continue to make money. So we get sideways, that's the that's the outcome for me for now anyway. >> Yeah, you got a good point, actually. You're making me think that if they did actually just put rates up a quarter, got it out of the way, and stop all this speculation about where rates are going, um and we can then just move forward cuz that does seem to be the focus. Yeah, uh you know, will they won't they? I believe that interest rate the expectation of a rate rise jumped from something like 50 to 65% after Friday's number. Um yeah, maybe maybe that's what we need. I don't know whether we'll get it or not. >> It's funny cuz like I'm sure you like you've obviously seen the markets for so much longer than me, but like none of it actually matters, does it? Like, you know, sometimes we go up, we get to trade it. Sometimes we go down, we get to trade it. But otherwise, like you said, you know, don't bet against the market cuz, you know, eventually, over time, it's just up and to the right. So like, just ignore the noise. >> Yeah. Yeah, buying the dips has worked for decades. Um there's no no no sign of to me that that that's not going to work going forward. Actually, it's it's another good point what you said cuz I made a video this morning and I just I I looked at the weekly charts. I thought I need to take a step back and actually and sometimes you just need to do that. You need to look at the longer term charts and just get a focus. You can cuz you know what it's like when you're trading. You're looking at the daily, looking at the 4-hour, the hour, then you're on the 30-minute, and then you're on the 15-minute trying to find a trade and the market just sucks you in. >> Yeah, yeah, I mean, even, you know, the S&P right now, like yeah, it's sideways, but if you put it on the weekly chart, that is an incredible uptrend. >> Yeah, exactly. And that's what you got to remember. We are actually just consolidating in an uptrend. >> Yeah, yeah. So, I want to get your opinion on what's going on in the gold market cuz I think we we touched on this last week, didn't we? Gold and gold, silver, and Bitcoin were moving in somewhat tandem while the the rest, you know, the stock market you know, decoupling from the way the stock market was moving. Are you still seeing that similar sort of move or have we changed a bit? Changed? >> I I think there is some correlation between gold and Bitcoin still. And that isn't always the case, but yeah, I think you're right. Actually I'm showing you a 4-hour chart there. So, why don't I show you that weekly chart? >> [clears throat] >> And this is the problem. Nice big run-up, as we all know, in gold. Oops, there we go. Uh and then peaked October or whatever it is, gone down, and then I thought that this recovery, as I probably said to you a couple of weeks ago, I think this is the resumption of the bull trend we had, the inverse head and shoulders pattern, and broke above the descending trend line. I thought here we go, but then yeah, 2 weeks ago it stalled. Last week was such a volatile I don't know if I know you probably weren't watching gold, but if anyone who was watching uh now was trading gold last week, it was just it felt horrendous. When you look at it on the weekly chart, it's just not that big a deal. We were up, we were down, we closed actually unchanged, and it felt like the the bottom had fallen out the gold market, but we then recovered and So, yeah, I mean, unfortunately, I think this is same as stock markets. I think it's starting to look like we're going to need a sideways consolidation cuz neither the bulls nor the bears have any strong conviction and and enough to pull push this market in either direction. >> Yeah, I guess it's a, you know, from a from a, you know, I try and take the investor sort of sentiment approach to the candles. And I guess what I would assume, if if gold moves in a in a way like this, and do correct me, we went so far down that it became an obvious trade, right? So, that's how I would see it. Like the market was like, well, you know, gold's gone so far up and, you know, kind of unreal, unbelievably so far down that kind of has to go up from here. And then now cuz it's actually had quite a violent move, it's probably time where, you know, at least the retail traders or the retail buyers and sellers would be thinking, okay, well, we've had this move. Now we had such a violent move to the downside. Now we have to try and wait and patiently see who's going to step in. That's kind of how I would see this. So, again, it leads All roads lead to another sideways consolidation. That's kind of what I'm seeing soon. >> I hope we're wrong, but I think I have to agree with you. And look at Bitcoin, I know you're going to talk about that anyway, and you're the Bitcoin expert. You focus on that more than me, but that's just going sideways. It's so frustrating. >> Yeah, yeah, yeah. So, on the gold chart, with with the kind of Do you work with candlesticks or are you more just the Fibonacci's? >> Uh yeah, yeah, I look at the candle formations. I look at patterns. Uh Fibonacci's important to me, moving averages, trend lines. I just combine those simple tools and try and get an overall picture. >> And then do the does last week's sort of What what would you call that candle where it kind of, you know, a line and then a line, so it doesn't really do anything? >> Yeah, I believe that's called a doji. So, that just is um when you have a uh a candle wick on the upside, a candle wick on the downside of the body, and then when the market close when it closes, the candle closes close to the open. But here it was I mean, I think it was in 30 $30 of the open, so it was crazy. We had all the volatility and we only closed down less than 1%. Um and you can see on the weekly chart it looks like we closed exactly at the at the opening price. So, that's called a doji and it just shows balance. We went up, we went down, but we closed unchanged, which means neither the bulls nor the bears either had enough conviction to to force the market or or um, you know, enough power to over one one overcome the other one. And >> Yeah. >> Yeah, when you start seeing that, you can kind of Well, anyway, it it shows the market is in balance. >> Yeah, yeah. I guess yeah, like the foot coming off the gas, I guess, and then kind of waiting. >> Exactly right. Trying to >> There you go. Look, if we go back to this consolidation phase here, again, still on the weekly chart. >> in that one, yeah. That downtrend ended similar. >> Yeah. >> Yeah, I think we talked about >> a series of dojis here, really, where, you know, you've got long wicks and small bodies. And it can go on for three or four weeks. >> Mhm. >> Or longer. >> Yeah, yeah, yeah, yeah. Interesting. Well, the market stays irrational longer than we can stay solvent, right? That's the old >> Yeah. But I think, I mean, you know, as I said to you before, I think this is a symptom of the time of year. Uh August is obviously quiet. It gets even more quiet towards the end of August. First week of September's usually pretty bad. And then the kids are back at school, and life gets a bit normal. Uh traders get back to their desk. The bank traders, the hedge funds, and uh and whatnot. So, hopefully, we get this inflation number out of the way at the end of the week, and maybe we'll start seeing some volume come back and some movement. >> Yeah. What what what's your read on that? What do you reckon for inflation? I I kind of just feel like I I I think we touched on this last week as well. I kind of feel like he wanted to seem, you know, watching his speech, he wanted to seem hawkish. So, the market was like, "Oh, we're not sure." And then, if he comes if he's anything but hawkish, the market will like it, right? That's kind of That's kind of how And then, if CPI is like any like if it's just neutral, if it doesn't, you know, it's like, if it's one of those reads, then I think the market will take it bullish. That's kind of how what I'm expecting for Friday. What do you think? >> Yeah, I think you could be right about that. As we said last week, um he has to, you know, it's all about when you get a new Fed chairman, I think credibility is really important. The markets will test his credibility uh and whether he will, you know, whether he will be an inflation fighter. So, he's got to come out throwing the punches. Whether he actually delivers on that because you know, we Trump on Friday after this after the unemployment number said yeah, strong economy and now all we need is a rate cut which of course is ridiculous. You don't cut rates when an economy is growing that just fuels inflation and with with oil pumping up over the last week, I think it's the last thing that the economy actually needs but he's he's putting pressure on Walsh. So, Walsh has got to say no, no, I'm here to fight inflation because if he doesn't, the bond market will collapse and and then the stock market will collapse and it will get messy if they think he's not prepared to pull the trigger. >> Yeah, it's such an interesting it's such an interesting thing to happen because I guess this is the first time we've seen that. So, yeah, I think he threatened Trump threatened new tariffs or raising tariffs if Walsh doesn't it's such like the American political system it's a little bit different to the old English one, isn't it? Like you just kind of got to sit back and be like what the hell is going on? And then the >> Yeah, it's only like that with Trump. I've I've been doing this 40 years and I've never seen a president um openly tried to manipulate the Fed chairman. I mean, the whole point is is the Federal Reserve is supposed to be completely independent of the government. And that's where the credibility comes from and that's where you know, why the why we can have 40 trillion in debt without an all-out bond collapse because the public thinks that the Federal Reserve has credibility and they'll pay their debts. So, yeah, but Trump Trump is Trump. He ain't he ain't going to change. >> Whatever side of the coin you sit on, we can all agree it's entertaining, right? >> For sure. >> With Bitcoin, I think we're both similar. It's a little bit boring right now. It's a little frustrating. Bitcoin just under I think it was just over 80 this morning when I made my video. Right now we're 79.5. How are you seeing this now? For me, my resistance was 74 to about 77 ish. It was kind of a wide range I was looking at from the basically on the way up we had uh a support put in there. Um, and then we got rejected almost exactly at the previous high. Um, so yeah, I'm again same similar to what you said about gold. I'm pretty much just sitting patiently. I've taken I think it's 35% of my trade now I've closed. I've got my stop loss in. I'm actually for my for my trading style, I would actually prefer us now to have, you know, kind of a liquidation candle to the downside so I can actually have a bigger position. Like, you know, I wholeheartedly believe the bull market for Bitcoin is going to reignite very soon and, you know, if I can get a flush out before then, it'd be painful in the short term, but again my trading strategy is, you know, I'm going to build up that position um as low as I can and then hold it essentially for as long as I can up until up until we break the all-time highs is the plan. How are you seeing it? >> Yeah, I think that's a sensible strategy. You've taken some money off the table and you're now in a win-win situation. If we keep going up you can say, "Well, I did the right thing. The market paused. I took some profit. I feel comfortable. I'm not I'm not staring at screen panicking in case we come back down again." But then if we do come down again then you you got some bullets. You know, you can fire off some rounds and and and accumulate again. So I I I like to do that. I like to scale out, you know, when I'm getting a bit of anxiety. There's some money in the account. I don't you know, I've worked hard to get that money and I don't want to see that evaporate in in front of my eyes. So I think you've done the right thing. For me the big area is sort of 83,000 84,000. That's quite an important resistance for me. Uh, we're hovering just below. I think we we do I think we got to 82 and a half did we over the weekend or in recent days? >> yeah, 82 and a half just under. >> 82 and change. Yeah, so we're we're just stalling below that big 83 84 area. You you've got the same sort of levels as me on the downside. I've got sort of 77 and a half 76 and a half the support and that's also been holding. So, which way do we break? I think we'll struggle to get through 83, 84 to start with. Uh but I'd love to see it through it, and then we can we can really get going, hopefully. >> Yeah, I'm interested to know from your perspective again, cuz we take kind of It's funny, we seem to come to the same conclusion, but using almost >> Yeah, different methods. Yeah, it's interesting, isn't it? >> Which is awesome, cuz that's you know, that's the I think people get hung up in trading, and they're like, you have to think one way, you like you know, for example, you have to use XYZ indicators or whatever it is. I'd be interested, is there anything here that you would see that would invalidate your thesis? Like cuz you're solely looking at the chart, right? I'm right in thinking that. >> Correct. >> Um is there anything that happens in the next say 2 weeks that you would go, okay, actually, I don't think there's going to be another run, or or you know, or I think there's further downside for a longer period of time than people are expecting? >> We start breaking below 75 and 1/2, I would see that as a short-term negative, not a long-term negative. I I would I still have the same opinion as you. I would be then looking for support levels further down to jump back in. I would still see that as a buying opportunity. For me, we'd have to get below 57,000 before I started to panic. There's a just a massive support level you and I have gone through, I think, on the chart before. And there's a trendline, there's a big um moving average, there's a 61% fib, and it was an obvious It was one of those trades you had to buy it there. If you're a trader, it was so obvious, you just had you you you you couldn't You you'd rather I'd rather lose the money trying than sit back and think and hesitate. So, um and you know, so far we have had a a decent $20,000 rally. What's that? That's you know, 30%. It's It's a good run. But but yeah, maybe you're right, maybe it is a little tired, maybe it doesn't need to come back down again. Take a a a little pull back, and then have another run at 83 84,000. Let me ask you, I've got um I'm quite heavily invested in uh Bitensor or It's the only [clears throat] I've got a little bit of Bitcoin and I've got loads of that because I interviewed a guy a year or so ago who convinced me that this was a good investment. I'm underwater actually, but not by much, about 10%. Um are you looking at other coins that, you know, you're finding interesting at the moment? Cuz I don't really focus on that. >> Yeah, so for me, I guess it's also similar to you and with what charts we're trading, I look for essentially a liquidity event to start the excitement in a space, right? So, within crypto we have always Bitcoin is the first mover, essentially. We did have hype kind of doing its own thing. Hype is the token behind Hyperliquid. Um and then so what I'm looking for, I'm looking for Bitcoin to start running, which it absolutely is. Then I'm looking for a liquidity event, which I would pinpoint right now to be Robinhood. So, the Robinhood chain and people going on chain and trading, you know, meme coins and all of that. And that what that does is, you don't necessarily need to, you know, for example, you know, Tao doesn't necessarily need to be even related, but because there's a liquidity event happening somewhere in the market, the eyeballs turn, right? Everyone goes, oh, everything's down in the pits and it's exciting, it's extreme and all of that. Now, what we tend to have in a bear market is our bear market rally, where there is always a an a sector in the altcoin landscape or in Yeah, I guess altcoins would be the good would be a good expression. It's not Bitcoin, it's something going on and that creates all of the buzz, all of the excitement. The room >> The excitement is up. >> Exactly, exactly. So, in 2019 we had DeFi summer. That was, you know, we we first had our run in 2017, where you had the likes of the very early early things, like Cardano back when it was still traded only with Bitcoin pairs on on Binance and that sort of thing. It was a very fun time, but it was there was so there was such a limited amount of altcoins and everything rose with the tide and everything collapsed, right? And then in the middle of that bear market we had 2019, we had DeFi summer, the advent of, you know, DeFi lending and all of that. Everyone was excited, the new world order excitement excitement excitement, and then it kind of falls off, and then the bull market starts. 2023, late '22, '23, we had a meme season. It was Pepe, but then what the liquidity event was Pepe, and then everything that pumped was like Pepe derivative memes. It sounds so ridiculous, but you know, you can imagine. Pepe's this green frog, and then there's Pepe brown, Pepe co. It's nonsense, right? But it creates a >> know about any of this. >> Like it's unbelievable, but it's a funniest liquidity events. You know, it's almost what Elon Musk's phrase, I can't remember. Like it's the most it's the funniest outcome that normally is the thing that happens, right? So that was the liquidity event. And right now, I'm assuming that Robinhood launching its own chain, thinking about tokenized stocks, is a liquidity event. Now, at the same time, we've just had AI stocks go crazy. So, what I kind of sense is TAO would be a perfect thing to position if you like really high risk, high reward. Plus, that's something that you, you know, you genuinely you like this idea. You like the idea of the AI aspect of things. For me, I haven't bought any TAO, so just to be clear. But the reason why I like it, and I've considered it myself, is you have all of these guys For the most part, I I don't know where they I don't know where retail investors sit now with the AI trade overall. I would assume a lot of people got in a little bit too late. So they got into the AI trade a little bit too late, and now they're maybe sitting on break even after seeing really high highs, getting euphoric, and then they're like, "Oh no, I missed it. I was too late." So these guys are now looking for something else. Where do I see the excitement? Where are the bees going? Where are people going, right? So then they look at the market. Robinhood is talking that bringing people back into crypto, tokenized stocks, yada yada. But I also like AI. And then you like you become what's the best AI adjacent cryptocurrency, which would be >> Okay. >> That makes sense. >> Yeah. So, I I like it. So, how I what I refer to myself with the altcoin space, a narrative trader. I like to trade the narrative of what excites people. And I absolutely think that AI crypto will excite people because of what we've seen in the stock market. And, you know, Tao might not go on to do the 100 X's that people say, but because it's kind of the dominant figure, the the the main one that people go to, the biggest, uh I think it will rise and then the rest will rise with the tide. So, yeah, that's my that's my thesis. >> Yeah. >> However, I've not invested into it solely because I'm parking larger capital in what I would consider the rails. So, I'm parking the capital, you know, Robinhood's built their chain, but it's actually built on Ethereum. So, I'm buying Ethereum. I'm buying Solana. Solana, Ethereum, Bitcoin, a little bit of Sui, a little bit of XRP, but I'm trying to move with Before I kind of spread myself thin, now I'm thinking, okay, large amounts of capital, small options, and one main thesis, which is tokenization of stocks. They'll probably done on Ethereum. If not Ethereum, I assume Solana. And then on the other side, uh uh institutional investment into crypto, which I believe will go through the ETFs. So, I'm looking at cryptos that have their own ETFs, which are Bitcoin, Ethereum, Solana, XRP, Dogecoin, um and Zcash actually very recently. >> So, that exploded. Yeah. Did you have Did you have some of that? >> I didn't. I didn't. Sadly, that was But, absolutely, it makes perfect sense. And I think the reason Zcash did so well is people were waiting because you kind of didn't know, right? Cuz at any moment, the US government or any government be like, "No, absolutely not. You can't have these transactions." >> Right. Right. >> They launched the ETF, so now people are like "Okay well brilliant." Basically, that's a green light for this to be allowed. So, >> Oh, I see. It gives it credibility. >> Exactly. Exactly. So, but but the idea is because I I I already bought the old coins that had ETFs at the time they did Zcash didn't have an ETF. Um but yeah, I I think it could do phenomenally well still even now. It could be a great time to at least watch it and see what happens because yeah, the ones with big big ETFs, you know, trusted trusted backers, I think the liquidity once we have, you know, the bull market starting, I think the liquidity for old coin ETFs, that's going to be where the money the majority of the money I expect to go. So, that's my thesis >> Because it's easier for institutions to invest through an ETF than buying the coin. >> Exactly. And you know, regulation and all of that they they already have the green light, you know. They might have been worried to buy Zcash. They might have been worried to buy Solana, but now they're like, "Okay, well, it's greenlit. I'm going to we can put our money in there willingly." >> Oh, I see. Yeah, it's a regulation issue, of course. They're only allowed to do certain things. Okay, that makes a lot of sense. Yeah, no, I I wanted to ask you. I know cuz I know you're good in that space. And I just saw Tao jump about 15-20% overnight, which is only making me back some some of the losses that I had. But I I wondered if it was related to the GitHub Nvidia buying GitHub as well. >> Ah. Yeah, yeah. Well, the thing is is once people realize that you know, the bear market is a completely normal part of crypto. Like it happens. It's how you know, it's much more violent. It lasts a lot longer than the S&P 500's bear bear market, for example. But it's just part parcel. So, once they realize that, the money will start to flow. The early investors will make so much money, unbelievable sums. And then the retail will go, "Oh, well, if I'm excited for a you know, I'm excited for Micron, why would I not buy Tao?" You know? >> Sure. >> The new you know, the new the new world order aware of. A brilliant I can I can get all of that. >> Yeah, it's cycles. >> Yeah. So, yeah, that's how I feel about it. >> Okay. Yeah, that was interesting. >> Yeah, great. I think I think we've done it. I think that's another good one. What would you say What would you say do do you have any trades open right now? >> No, I don't. I'm not trading today and I must admit I'm probably going to sit on the sidelines. The thing is like last week was tricky because I think it was best and then and then a board member I think his name is Walsh not Walsh but Walsh. They said things and they moved gold quite violently and I just don't want to get caught on the wrong side of that which could easily happen in the lead-up to the CPI and the PPI and I'm not going to trade those numbers. I don't trade numbers. It's hard enough being a technical trader without then gambling on on a release. So I think this week week will be muted for me. >> Well, I think you know, I think that's good advice for a lot of people you know, I think again we've touched on this as well but I think people try and trade so much. You know, the second you say you're trading people assume you're getting in and out of trades all the time and actually sometimes like this week for yourself it's better to just wait and see what happens. >> It's it's such an important skill to learn when not to be in the market. That's it really is so important. You know, when I see the right opportunities and we had them in July the money comes thick and fast and it's blatantly obvious. And you know, I talked about the Bitcoin level where there was some there was inverse head and shoulders patterns which I know I've shown you in gold and silver and once they completed it was a no-brainer just to buy gold and silver. It was so low risk. And so yeah, you've got to learn when when you really don't have a clue don't force it. >> Yeah, I love it. We can end on that. Jason it's been a pleasure chatting to you again. I think that was a lovely conversation. I really do appreciate it. If anyone wants to check out Jason's channel as he said he's been talking about gold recently but he covers multiple markets all brilliant brilliant insights into the market. So if you want to check him out I think we'll be collaborating and there'll be a link in the description. So jump over there and Jason hopefully I'll see you next week. >> You will for sure. Enjoy Bali. Cheers, mate. >> So once again guys if you do want to check out Jason's channel the links will be in the description and if you do want to sign up to Coinbase, you can get up to 275 USDC in rewards right now if you use that link in the description. Just complete your ID verification to get 25 USDC, and you can get another 150 USDC when you hit certain trading milestones. But again, please do your own research. The links will be down there in the description, and I'll catch you guys in the next one. Peace.