Transcript for:
Crypto Bootcamp Day 1 Overview

Well, well, well, well, well. Welcome to Crypto Bootcamp Day 1. Who would have thought, man? Everyone, I swear, I told myself I would not do this, man. I swear I had people asking me in comments, in TikTok, bro, literally everywhere saying, do crypto boot camp.

We don't like, you know, teach us about crypto, teach us about this, teach us about that. And I was like, man, I like to keep crypto behind closed doors. I don't really like, you know, like I'm a day like on social media. People see me as day trader, man. But.

If you see me on Twitter, I've been running it up recently with these call outs and just dropping crypto game. And, you know, if you follow me on Twitter, big shout out to y'all. I got a small ass following on there.

but I'm sure it'll grow as this series goes on. And then along with the free crypto telegram where I'm just literally dropping shit in there. And people have been asking for this, man.

And I figured what better... thing to do than to set up all of you guys. You know, like I was like, I don't want to do a crypto bootcamp one because crypto right now it's dead.

It's a bear market. No one gives a fuck about it, right? People only care about, about it when the bull runs going on. And honestly, this little series that I'm going to do, we'll probably just start popping off when the bull run starts happening.

But guess what? By then it'll be too late. So if you're watching this before then, and we're not in a bull run yet. Okay.

like cool it um i would you know i would hope not um if if you're watching this um you know i what better way to set up my audience than teach them about this before it really takes off um and that's my goal with this really is to help you guys really get that one last chance at crypto that i think there is um because i really do think that this next upcoming bull run will be the last one before shit kind of just gets regulated, shit starts moving a lot slower. I really think Bitcoin will kind of turn into like the S&P 500 of crypto where it's like you want slow and steady gains, you either put it in Bitcoin, which goes up 5% a year, or like the S&P 500, you know, like stuff like that. Who knows?

That's all speculation. But I really do think that this is going to be the last bull run where you can make stupid amounts of money because let's think we're already getting into this. Let's think about this from like government standpoint, bro. You know, they hate this shit. They hate it so much because it goes against literally everything that they want, which is one, getting a lot of people really, really.

really rich without them being able to control it um yet which is what we'll get into later within this boot camp thing talking about regulations maybe cbdc's um and how they're planning on kind of just like slowing all of this down so i really do think that this next bull run which the you know like next two years um will be the the last kind of bull run of where crypto is like the wild west where people are just just making stupid amounts of money out of thin air. Um, people are mortgaging their houses and like, you know, putting it all on Pepe or whatever. Um, I really do think that this is going to be the last one of those types of situations, but, um, that's why, that's why I'm making this to hopefully help you guys out, um, and set you guys up for this. So let's, um, let's get into, this is going to be similar to bootcamp day one.

um also let's talk about let me let me talk about some stuff first so first boot camp what i had to teach you guys about taught you guys about how to fucking day trade you know i really was like yo i gave these dudes everything i know from psychology from building blocks from my strategy like i put it all out there i i brain dumped for around two months um into videos i was like dude i'm I'm just dumping this shit out here for y'all. And it got to the point where I was like, dude, I got nothing left. Where I was essentially, the last couple videos were just daily bias and trade recaps. And then from there, I was like, yo, like, I'm done with this. Like, the boot camp's done.

There's nothing else to learn. And then I started boot camp 2.0. Which again was just daily bias and trade recaps.

There was nothing to learn. The bootcamp in itself was me literally just brain dumping and giving you guys everything you need possible to become profitable besides market experience and besides discipline, which you find on your own. So if you watch the bootcamp and you fully understand everything in there, awesome, great. Now.

Now it's just like, you know, put that to work, you know, like give yourself a year, maybe like a year and a half where you're just practicing that shit day in and day out, following your trading plan, staying disciplined, gaining market experience, learning from the markets lessons. But there was only so much for me to put out there. And it's going to be kind of similar with this, where I'm essentially one. I'm not going to teach you the basics.

Remember. in the trading boot camp, I was like, yo, I don't want to teach you what a candlestick is. I don't want to teach you how a currency pair moves. You know, like I don't want to tell you guys why when the great British pound against the U S dollar, if the great British pound gains value, gains value in the U S dollar loses value, GBP USD is going to go up. You know, I want you guys to have a solid foundation already.

So like, don't expect me to teach you how to stake a coin. Don't. Don't expect me to teach you how to buy a hardware wallet and set it up.

That is not what this is about. This is going to be chart work on crypto. This is not going to teach you how to farm a coin. This isn't going to teach you how to swap like an ERC-20 token, you know, like let's say you swap Ethereum over to another ERC-20 token. This isn't going to teach you how to just the basic shit.

You know, where I would have to go into detail where it's like sending one crypto from one wallet to another. You know, I don't want to teach that. I would much rather teach you what in my eyes is very, very valuable and where the money's made. Because in trading, you know, where's the money made?

It's on the charts. It's not understanding a currency pair. It's not understanding, you know, it's not understanding. like why the thing went up or down. It's reading the chart and being able to execute.

So that's what I'm going to be teaching you guys on crypto. And it's actually pretty different in terms of trading. I don't trade crypto. So if you came in here thinking you were going to get like a Bitcoin day trading guide, get lost.

This is kind of a, well, you guys will see this kind of like a swing trading slash investing type of thing where. you'll see. It's really where I teach you guys how I look at crypto on the charts and how you guys can kind of apply that in your own way. I'm not going to teach you about how to find good projects. I'm not going to teach you about the research behind that stuff.

That's what we do at Palaview if that's something that you're interested in. We're already doing that. That's not what the crypto bootcamp is for.

The crypto bootcamp is purely going to teach you how to fuck that shit up. on the charts. Got it? Because that's what the trading boot camp was, along with fucking that shit up in the mind, which I probably won't touch on as much.

I'll touch on it a little bit, talking about taking profits and holding and understanding that me personally, if I buy a crypto, I'm either taking a profit or it's going to zero. I will never sell a crypto for a loss. That sort of thing.

of thing like that's sort of like psychology that's what i would call psychology in crypto um and we'll get into all of that in this but i just kind of want to give you guys an overview of what to expect out of this really because it's going to be far far different from the day trading boot camp and it's definitely not going to be boot camp 2.0 where i just give fucking trade recaps and it's definitely not going to be the day trading boot camp where i you know am on the one minute time frame teaching you guys how to get in and get out get out within 15 minutes to an hour you this is going to be like almost like an investing boot camp you know and we can turn it into that um you know maybe once i get through all the crypto stuff that i want to and something else that you guys need to um kind of understand as well this will probably be a lot shorter than the original boot camp as well because the original boot camp like i was still kind of going into like the basics the base found foundations of stuff and And on top of that, I'm assuming that you know and understand the building blocks that I taught in the original boot camp to then transfer over to the crypto boot camp. So I'm going to be mentioning order blocks. I'm going to be mentioning liquidity sweeps. I'm going to be mentioning fair value gaps. All that pretty much assuming that you learned it from the first boot camp and hopefully not have to repeat myself over and give you a three step, three different videos on just liquidity sweeps.

liquidity sweeps, three different videos on just order blocks, three different videos on just for value gaps. You know, that's not what I want to do in this. I am pretty much assuming, I'm assuming kind of like, I want to say a lot about you guys, but it's because I'm assuming that you went through my day trading bootcamp and you understand a lot of the concepts and you already like fully have taken that in because you guys are following me and you guys are watching me. So if you haven't done that and you're like, Ooh, I want to learn how to trade.

like how to invest or how to swing trade in crypto it would be kind of smart of you to watch over some of those building block videos in my original boot camp like let's say you already know how to trade but you don't understand liquidity sweeps order blocks for value gaps equilibrium go over that stuff and you don't have to watch the whole day trading boot camp and then bring it on over here and then I'll get you straight okay so like what would I like to cover you in this like you know where to take profits in crypto how to take profits in crypto how you can leverage when you do take profits from a certain coin how you can take that and then take the profits that you made and then put it into something else to make even more money i want to teach you guys about that stuff because that's the that i love in crypto like boom i took profits from this now i'm going to put it into this and stick it in this and gaining ap PY of this, or I'm going to buy this blue chip coin that I think is going to go up for X amount of months. And I'm just going to stake it because I want to be the liquidity provider. I want to be the lender, you know, like I want to be the bank where I'm gaining interest on all these other people that are using my money, you know, like, and this is why I love crypto.

So For today, I'll kind of give you guys like a little taste of Like a full weekly analysis on Bitcoin also on top of that I'm sure as hell I'm not going to be telling you guys what to buy when to buy it and also, again, like not how to do research on stuff, but I'll be talking about how you can use research and like, let's say super bullish news comes out about something. I'm going to teach you guys how to use that. combined with the charts to benefit you.

Does that make sense? Ideally, we are sticking on the charts mixed in with like a couple tips and tricks within crypto that I've learned over the years. Cool, just wanna make sure we're on the same page.

Who knows how long this goes? Again, this is going to be very, very similar to the day trading bootcamp. I don't know if I'll do one of these every single day just knowing that the...

are going to be kind of limited. Like there won't be as many videos as the day trading bootcamp. So ideally we give you guys like a day or two to kind of soak in the information. Maybe, maybe go over it like one or two times.

Um, make sure you guys really retain that versus the day trading one. I was like, you know, like literally just boom, like dumping this info on you with this. Like, it's like, all right, we'll take this nice and slow.

We'll, we'll slowly wean you guys into this. Um, And and hopefully, you know, again, what was the what's the main point of this? You know, start this thing up before we get into a heavy, heavy bull run.

So you guys can so you guys can benefit from it. You know, you guys can learn how to freaking understand a crypto chart and how to make money just by looking at a chart on crypto and how to get really active in these. So that being said, hopefully you guys kind of.

understand what we're going to be getting into this. I, you know, like maybe you guys expected something else. I'm sorry. This is what I'm going to teach you.

I don't want to teach you how to steak. I don't want to teach you how to farm. I don't want to teach you what a Dow is. I don't want to teach you any of that because to me, that's kind of basics. And that's just like someone boring can teach you that, you know, not me.

I'd rather teach you the fun shit. So that being said, let's get into some fun shit. All right.

We got the Bitcoin chart. right now and we're on the four hour right now but let's scale this baby back Okay, so this is just a dead chart right now. I'll kind of go over this pretty simply to start off, just because I don't want to roll heads or whatever.

We'll get into this. Maybe I don't even do chart work. Nah, I should.

Okay. So, again, this is pretty similar to how I day trade, except it's just on higher timeframes. And believe it or not, you guys, we are going to be using some retail concepts with crypto because, but we're not going to be. be just using retail concepts.

We are going to be using retail concepts along with smart money concepts because to me, and if you look at any of the other crypto Twitter guys, you will see, bro. How powerful using support and resistance mixed with smart money concepts can really get. Okay, so I'll do just like a quick little overview right now on Bitcoin on the monthly chart.

Okay, we obviously sold off pretty heavy. We filled in some of these imbalances. We got into this imbalance, right? Okay.

We got a bit of an order block right here, which was kind of already tested. So for me, I would kind of consider this now that that order block. All right, because this is that boom, boom, leg down prior to that leg up.

And if we mark out this one, we can already see, hey, we got that leg down, that liquidity sweep rally. But we already, boom, came back down within it. Okay, so I'm going to mark off this.

And that also is in line with the, boom, the end of this fair value gap that we were able to tap in and cause kind of a move up. All right, now looking more over towards current price action, we can see, boom, that we get a break of structure at the upside on the monthly. To me, that's really, really important.

What else do we see coming in here? Boom. We have a fair value gap right here.

Okay. So that's kind of monthly. What I see, we got a break of structure of the upside on the monthly timeframe.

We got a fill of this fair value gap right here. hits the 50 mark big rally if we go into the weekly we can see boom dips right on in here extendo clip right after that and again crypto really does move in breakout And that's something that we will talk about later in like in how you can use support and resistance and like breakouts of accumulation to help to help trade crypto. Because it is. pretty crazy how some retail strategies really do get respected.

So I don't really want to get too deep into this, but boom, we have this fair value gap. I honestly see this kind of being a pretty strong draw on price, where I would like to go next. Either this fair value gap, this weekly high.

We just broke structure back to the upside on the weekly right here. And if we look, right, okay, monthly timeframe, break structure to the upside, right, after a full downtrend. Tap into this fair value gap. Tap into this fair value gap.

Rally. Okay. Dip down. No closure beneath this low.

Not even a liquidity sweep this low. We get a blue candle on the monthly. Scale into the weekly.

We see. oh wow, weekly break of structure. This to me looks like continuation to the upside. Now what do we do?

Scale down into the daily timeframe. Now we try and find execution points. Okay. And now we're getting a little bit too far ahead of ourselves.

See, like, um, now we're, now we're getting a little bit too far ahead of ourselves, but this is kind of like what I want to give you guys a taste of where, you know, this is pretty similar to the day trading bootcamp. just on much higher time frames and see seeing this on much higher time frames. And then on top of that, we can use areas of support and resistance, areas of accumulation and breakouts.

Like, dude, when I was able to enter into Bitcoin back in 2020, it was off of a breakout of a triangle, bro. I entered... off the breakout of this bruh and the retest of it that's what i traded it off of and that's what everybody on crypto twitter was talking about this was like everyone was gassing this thing up everyone was like oh my gosh bitcoin broke out of the triangle and at the time that's what i was So I was like, whatever.

But we know now that there's a little bit more to it. And that's also why we want to combine the smart money concept stuff with this. So I know I'm not a huge fan.

of like trend lines and patterns. But when I say like, look, hey, I'm a different man in crypto than I am in trading, okay? I really don't want to get too much more deep into this. this, but monthly, okay, we'll just do a quick little overview, right? We got break structure to the downside with this candle close right here.

We flood down, we fill in this imbalance, we filled in this fair value gap. We have the base of this fair value gap right here, potential order block right here. We break structure to the upside on the monthly timeframe.

Then we see this fair value gap get filled exactly to the 0.5 or the 50% level, scale back down into the weekly. we see boom we get this dip down liquidity sweep huge rally breaking out boom of this resistance, believe it or not, what does price do? Comes down. It's hilarious saying this to y'all because like you see me as like day trader dude that hates this stuff, but on crypto it works, bro.

Come down, retest this resistance. What do we see? What do we see within here on the daily?

I mean, we can kind of chop this up. Okay. What do we see? see within here okay leg down kind of sweep out these lows we get a break of structure the upside boom boom the brakes right here order blocks right here once we get that break we get a bit of a dip down and then boom price rallies sweep out these highs chop chop chop big dump down fail to sweep out these lows coming back into this resistance area, again, crazy that I'm saying this, back into this resistance area, we start seeing breaks to the upside on the daily. And something to keep in mind, break of structure in crypto is a lot less.

valuable on lower time frames, like the daily, the four hour, the one hour than it is on an index or a currency pair. Okay. Cause like we can see, you know, a bunch of like this break of structure, the upside, then what happens?

Price still falls. Like break of structure on crypto holds a lot less value than breaking of levels, then breaking of like support and resistance. So when we see something like this.

breaking out of this resistance, that's a big deal versus a break of, like, consider like breaking levels, your new break of structure with crypto. There we go. There's your tip of the freaking day.

Your tip of the first crypto bootcamp. Break, your equivalent to break of structure in crypto is a break of a level. So we see this level, boom, get broken up, leg down, retest, leg up, one more leg down. We're tapping back into this level.

whatever you want to call it now we get a break of structure the upside on the weekly and again we're able to close above this area and i actually called this out on twitter i said hey you know we're going to come down into this area where did i call it out i called it out on this wick right here on the hourly right here so we were stuck within drawdown for a bit but i was like hey look we're gonna we're gonna bounce from here we got our bounce looks like we're coming back down into again this level this resistance flipped support um And I would love to see this thing continue higher and higher all the way up until we come into, go back to the daily, this area right here. And then if we can break past that. We've got this area right here and then past that I'm kind of just going to place a line on here because that kind of encapsulates all of this congestion within here with this.

So yeah, that's kind of how I would do like a top-down analysis on crypto for now. And again, like if we look at this, you could say like, oh, Bitcoin's about to break four hours, stretch to the downside. Trust me, like Bitcoin doesn't care.

about that and also we need to understand that every single exchange bro like the candles look so not so different but like the breaks of structure are way are typically different because the candles are forming different on every single exchange whatever so that's why support and resistance really does play a pretty solid role um within crypto more than like a break of structure on like a currency pair or an index so um yeah from from there that's uh that's kind of what what i got for y'all on crypto bootcamp day one i don't want to you know over freaking stimulate you guys by just dropping everything on you you at once. I did a quick little top down analysis on Bitcoin. But hey, man, I'm really excited for this.

Wow. Twenty six minutes already. Man, one of those times where I just keep talking and talking a yap session, bro.

But I enjoyed it. And I really do looking forward. I really am looking forward to showing you guys everything I know about this in terms of the chart work and in terms of like, you know, how to take some fundamentals and how to take some high.

hype and then put it together with those charts and just kill this thing. And hopefully over these next two years, over these next over this next last bull run in my eyes, we can make all y'all some breaded ass motherfuckers. All right.

With that being said, I appreciate y'all so much more information to come. Really not any information dropped today, but that's typically how those first days go. Just kind of.

Getting you guys accumulated to CryptoTJR. Yeah, I'm excited for this. I'm excited for this journey, and hopefully you guys are too. That being said, peace out, man. I'll catch you guys in the next one.

Not sure when it'll be. Might be tomorrow. Might be two days from then. Might be every other day. Who knows?

I'm going to drop this slow and steady until I get everything out. And yeah, from there, catch you guys in the next one. Peace out.

out man