This is an opinion and not direct financial advice. The co founder of Morgan, Creek digital, his name is Anthony pomp leon. O is laying out his top investments over the next eighteen twenty four months in a new letter to investors, the outspoken crypto advocate says bitcoin is his number one pick to surge in the aftermath of all of this nonsense. That'S been going on giving it a score of 11 out of 10 doesn't make sense, but i think i understand pump leon appoints the bitcoins having which will cut the rate of new bitcoin entering the market in half as a stark contrast to increased money, printing and Quantitative easing from governments around the world, he said you have a positive demand shock happening at almost the same exact time that you have a negative supply shock. This is going to be rocket fuel for the decentralized digital currency. As for his price targets, Pompey allah' says he believes bitcoin will land between 20000 һәм 100000 over the next two years. That is such a wide range. The second best investment according to pump leon o is equities. He gave stocks an overall rating of 8 out of 10. He says the recovery will be direct for sectors that are directly impacted by what's. Been going on to the big risk here is that these companies could go bankrupt because most of their revenue has evaporated. I am NOT a believer that this will happen; instead, it is more likely that we will see a significant consolidation and sectors overlaid with government assistance to prevent the destruction of entire industries.
This is actually quite true. There are a number of places, especially for context II. If you, google, around and the phrase where to invest during recession or during a recession or during the recession, any way you kind of want to type it in there, a lot of people are wondering the exact same thing. What do I put my money into when the market is going down when all markets are going down? What may be the best thing best place to put my money into a lot of people, people who are into crypto about a good 90 say exclusive crypto, the other 10 say crypto, equities stocks, mutual funds and things like that, especially in the once again for context. For like major brands, I won't name any major brands, because I don't want to push you in any specific direction as to where you might think about potentially investing it's. More of a always look for companies that have been around for a very long time. That are very strong that have not faltered and will not falter during this recession, the last recession or the recession before that they're, usually big names, big food, restaurants. Another really good one is to look at companies that make things for household items, household cleaners or diapers. These there are a couple of companies that um should come to mind, especially if you look around your house and look at the names on a lot of these things, even if we do have a more severe economic downturn right now.
These companies are very likely to pop back it's, also important to look into company if you do decide to get into stocks. I myself. This is why I said this is not financial advice, it's more of a an opinion piece. If you will, I focus solely at the moment, heavily I'll say heavily on crypto my art and real estate. Stuff I'm still gon na buy more real estate because I like real estate, but the other, especially oh, my gosh, I'm. Actually, a bit too excited about property prices falling, and I know that I shouldn't be just be a lot easier to pick up stuff, the other point being as far as crypto, while stocks will recover. This is definitely true. Many of them may have periods or years where they go by 38 48. Those type of gains those movements in percentage wise can be had in the cryptocurrency market within a week. So I don't think that crypto has hit its top. I don't think it will for quite a long amount of time, and I think there are a number of even crypto currencies right now that I think are even things that I don't really care for I'm, not gon na name those either. If you've been watching the channel, you know exactly what I don't care for. A lot of these things are extremely undervalued. We have certain coins that hit an all time, hi before of 1 40 cents there now two or three cents.
Now it is probably highly more likely that these coins that are two cents will hit 50 cents more than it is a stock. That'S 500 will hit 1314 thousand dollars over the next two three four year period, especially because they a flip from two cents. The four cents is already a 100 percent increase, so there's just a lot to going on within the cryptocurrency space. But I have seen for some reason, a really huge uptick in friends asking me like what stocks should they buy? I guess maybe it's kind of like a thing that they're hearing from other people and everyone's, like oh I'm gon na, buy some stocks because everyone, I think, I think a lot of people learn their lesson from the last stock market crash. Someone was asking me in the comments section I thought I had. I assumed that I had explained enough, but I guess I had nots. Someone was asking: how did people make money off of the last stock market crash? I think the confusion lies in people think that as the market was going down, these people were like mm. Hmm money, no it's. When you pay attention to things let's say let's say: for instance, the price of Bitcoin is 10000, as the year goes on, we're. In a huge recession, everything is being wiped out. Every single thing, Биткоин, eventually at some point, ends up hitting 250 dollars. Do you think Bitcoin is then undervalued? If you think bitcoin is undervalue, then you buy Bitcoin and at some point during the economic research Bitcoin ends up hitting 10000 again.
This is how you make money and then one of the ways to make money during a declining market, but there were a lot of people who made a lot of good money in the stock market around 2008 2009 because they saw the crash was coming. They sold whatever else they had, they had their money. Waiting on the side. Stocks fell to unbelievable lows. Everyone was in a panic state. Everything Lehman Brothers completely went away, everyone's grabbing and pulling their hair out. This is when people started buying by the time we got around to 2012, 2013 2014 stocks had already recovered, they weren't exactly where they were before, but many stocks were a couple percentage points away from where they were in 2007 and then, by the time we got To 2017 2018, we were in this crazy raging, bull market and all these people who had bought up these stocks at very low rates then also profited immensely because their stocks gon na buy two or threefold that's. How you make money during a declining market – and this is why you may have noticed a lot of people – are very interested to see exactly how low Bitcoin will go, because if we have predictions not only from pump leon o but from banks and institutions and coin Basin and nasdaq and the stock exchange, and this and the so and so that Bitcoin by the end of this year or next year, will be at 100k, and you can pick up a Bitcoin for four thousand.
You stand to make an enormous amount of money over the course of a couple of years, so this is, of course, on a lot of people's minds right now. A lot of people are losing their jobs are losing a lot of money not being at work, and I hope the one silver lining among many for this should be that people should get it into their heads that governments will not always be able to save us. They will not always have the answer. They will not always be able to pick you and your family up and say here's a million dollars. I live well long and prosper. It'S about you doing it yourself. You have to figure out how to invest what to invest in it's, usually not that difficult to figure out what to invest in. Like I said when it comes to stocks, look for companies that have been around for a very long time have very strong names. Don'T aim for penny stocks. Don'T aim for things that are you've, never heard of that. Your friends uncle mother's father gave you a tip on because a friend of his told him over in Japan that they know just aim for really big names. Look look at names that also recovered from 20089 around that time period and who are still up significantly very much. You should know some of the names research around as to the stocks that did very well from 2008 2009 if you're interested in stocks, but as far as crypto currencies for me, it's my personal wallet it's, almost a no brainer to certain coins that our two cents Will eventually at least hit 20 cents I'm, not even saying that they're gon na go back to their all time, high of a dollar 40, but that's still a 10x or what I had before that that's a thousand percent.
You would be hard pressed hard I'm pressing hard on the table, hard pressed to find any stock that's going to do give you back a thousand percent within that same time period. Just discern that stocks, lookin cheap to pump Leon o include hotels, airlines and the food sector, I would aim for the food sector and luxury hotels, especially luxury hotels or food sector stocks or equities, that have dividends. Things that pay you back for holding them. Make sure that they have very big names. Airlines are not doing very well right. Now, a lot of airlines have closed down. I would for the moment, look away from Airlines because airlines typically, if they have issues many, have had them in the past. They sometimes they fail. You lose a lot of money. Even major ones are not risk free, so yeah, as for oil or petrol pump leon o gives it a 5 out of 10 rating and says ultimately, the commodity is too risky for him, especially compared to other opportunities that are emerging from the global economic pullback. I don't once again: there's not gon na, be a point where petrol, what is it like? 20 22 dollars a barrel it's going to shoot up to 2500 any time in the near future. But I can point you to a couple of crypto currencies that are definitely probably going to do that within the same exact time period, yeah and anyway, much of the world is even moving away from petrol in the first place.
This is why we're seeing like such competitive rates, a lot of other countries have figured out how to do solar, wind, water, energy, relatively and expensively, and it's widely expected that within the next 10 өсөн 15 20 years, much of the world will actually be running on These renewable sources and will not have to rely on a lot of these mmm things being dug out of the ground. This may be also why you have seen. Hopefully you have seen a lot of countries that once relied heavily on petrol. They are either not doing well or have shifted their focus to real date, buying up stocks and bonds. You, you know there. There are very oily Ziff. You look at the news for these countries. They have expanded into real estate, buying up real estate in other countries. Buying up land, natural resources and stuff like that that don't involve oil or petrol because yeah finally, pomp Leone, Oh, gives a gives gold, hey, hey an unsurprising rating of three out of ten, although he believes assets that hedge against inflation will do well over the next Two years, downstair is enough upside to invest in the popular precious metal bit. Gold does well during typically during times of economic crises, but gold does not shoot up by 25 percent in a week. Nonetheless, consecutive weeks, remember where we just had that situation rough rough. You know rough numbers, not even rough numbers. Is this what happened where Bitcoin went from three thousand the fourteen thousand over the course of a couple of months? Can you imagine gold first of all goals, not even at three thousand commands in gold going from three thousand to 14000 over the course of four to five months? I get gold will definitely benefit, but we will definitely see a three percent rise over the course of a week.
A six percent rise over the course of two or three weeks, a drop down by around four percent. A movement up like gold will fare well, but there's no way and I'll tell you this right now: there's, no way that gold is going to match the movements of Bitcoin, XRP or ether it's, just not gon na happen, like even ethers at 140. Right now and this all time, high was 1400 gold, I think, is around 16 1700. We will. We will not be seeing a sixteen thousand dollar gold anytime, soon, here's, his actual rundown, for all the things we just spoke about, it's on pump, dotsub stack, calm, the best and worse assets coming. I think this is going to be a very pivotal moment for the entire world. When we talk about the actual Korea, I don't wan na use the term creation of wealth, but things that we'll be able to help you get wealthy. It is widely expected, at least at the time of me, making this video that a lot of things on this planet will be punched down into the ground as far as their price gon na be completely decimated. But things do recover when economic, when things get too low, things eventually do pick back up. We'Ve seen this we've seen the the seven eight nine other recessions that we've had before this one stock market crashes, blah blah blah blah blah. You know the entire deal people make tremendous amounts of money and even within the cryptocurrency sector, crypto currencies are poised, in my opinion, for a very huge movement upward at some point it could be when this entire thing is over.
It could be in the next couple of months. It could be during the next two, three four or five six months. No one knows that's the point. No one knows the actual future. However, going off of general understanding of a lot of these things when things are priced too low or undervalue or are oversold, people tend to buy them and the price ends up going back up. So we are going to see a situation right now where we are going to I as high assumption by the end of this year. I can already feel it. We'Re gon na have a lot more Lambeau talk and all this other stuff that people have made tons of money with in the cryptocurrency space, because you'd better believe if our previous all time highs within the cryptocurrency space were three dollars and 60 cents for something and It'S, currently at 15 cents, if we end up hitting seven dollars per that coin, I mean untold amounts of money will be made anyway, like I said it says, err market where to invest 500. Now this is a very huge topic, everyone's wondering where she looks stressed. It says five things to invest in when every session hits I've always liked dividend stocks. But even then the cryptocurrency market has also shifted where we have a tons of cryptocurrencies. That um give like proof of stake mining to you and that's also a form of dividends for simply just holding it.
So I myself believe, if you haven't gotten the the tone of this channel, that crypto is going to do exceedingly well and I don't think many things are going to be able to hold a candle to it over the next couple of years anyway. That'S that topic, it is a very big topic right now. People are wondering where to put their money exactly as always, you have to do your own research and when doing your own research, if something sounds too good to be true, it probably is please don't fall for any scammy websites that tell you you can park your Money here and you'll get all tons of free money looking to why you are willing to give you free money, because scams will be plentiful, as people are trying to figure out where to park their money during these tough economic times, let's move on next up. This was exactly what we were just talking about yesterday, but apparently now there's more news. A federal court to judge today sided with the US Securities and Exchange Commission against telegram and granted a preliminary injunction in the social networks, 1.7 billion dollar ICO. In an opinion in the quarter filed on Tuesday with the New York Southern District Court Judge, P Kevin Castel found that the SEC has shown a substantial likelihood of success in proving that grams or telegrams present plans to distribute grams is now an offering of securities. Under the Howey test, and when I read that part, I was like no they're lying it's, just the SEC and then I read a bit further and I was like who was not looking too good.
But how we test is a de facto test created by the Supreme Court we're determining whether certain transactions qualify as investment contracts in 2018 telegram raised 1.7, the Hylian dollars in an ICO and exchange for a promise to deliver 2.9 billion gram tokens to just 175 people. Yeah, who later would resell those tokens to the public or a handsome profit. Yeah telegram argue that the telegram argued that the agreement was lawful under a private placement of the Securities covered by regulation D, 506 C exemption. It sold grams under a so called simple agreement for future tokens or saft, which is an investment contract designed to provide a compliant alternative to an ICO. The SEC argued in October that the token self, with a telegram open network or ton blockchain, was illegal because grams constituted securities on the US law and sales of securities have to be registered with the SEC. Telegram has disputed the claim but argued to holding off launching the network until the case is resolved with the SEC. But apparently the judge said completely. Not only can you not launch the blockchain, you also can't launch the cryptocurrency as there's an injunction against them. We'Ll see how this turns out like I said this is a what's, the word, a continuation of what we were talking about yesterday, but is now looking too good, 175 Pete we're supposed to get to point nine billion tokens and the point of them getting those tokens Was to resell it to us for profit, which means that people bought something from a company with the expectation of profit for something they were buying, so yeah that's the update, those of you who were wondering and yeah.
Let us move on in ever confusing news. The government of India is reportedly discussing a regulatory framework for crypto currencies with the central bank infusing, the Reserve Bank of India and the Securities and Exchange Board of India or Sebby. Furthermore, the government is awaiting the outcome of another crypto currency case at the Supreme Court to make its final decision on crypto regulation. The Indian government has so far been quiet about whether it plans to regulate or ban crypto currencies. They'Ve been they've been pretty loud when it comes to this side. Well, there's a draft bill that seeks to ban all crypto currencies except state issued ones. Of course, Bloomberg quint reported on Friday that the government is currently discussing the prospect of regulating crypto currencies with the central bank infusing right, citing people aware of the development. This was said by a journalist. The government is weighing whether the virtual currencies can be regulated by the Reserve Bank of India, which would be terrible. A framework for regulation will be decided upon after deliberations with the central bank. You want to know why it's terrible because the central bank lied to people for three years that that crypto currencies were banned and they knew that they were lying and they didn't come forward to tell people the entire three years that it was a lie. So the fact that they would be able to regulate crypto currencies would be terrible. The discussions are at a nascent stage, but the framework may not permit the use of cryptocurrencies in the country's payment system, of course not and would not recognize them as legal tender.
The publication noted the digital currencies may be notified were proved by the RBI and crypto currency exchanges could be recognized and regulated by the Securities and Exchange Board of India. This isn't too bad as far as not permitting them as a payment system. We'Ve seen a couple of other countries: do this as well: they don't want it to be. They understand that when crypto becomes too popular that people will want to use it as an alternative to using anything else. Why would I want to use an inflationary fiat currency when I could use something that is not inflationary? Now, I know exactly how many there are and the other part being as far as I'm, not recognizing them as legal tender. That kind of goes into the exact same thing it's more, so we need people to be able to invest in crypto currencies to be able to buy and hold them that's the important part, because, as long as people is it 1.5 billion people in India have the Opportunity to be able to buy and hold crypto and therefore they decrease the circulating supply and more and the prices that we continue to rise, that they are able to then legally sell it or a profit. Should they do so. That'S what's most important that these people are allowed to get into the market, not so much um being able to use it as legal tender. Because in 20 years, governments won't really have a choice and they'll have to initiate crypto currencies as legal tender.
But we'll see how that all goes: that's just that's, just my prediction anyway: um that was you're, confusing news for today, because between India and Russia III think there what's the game hot potato. I think it is throwing the hot potato back and forth to try and see who can give the most confusing news about crypto currencies, because one week they want to ban it the next week. They love it the next week. They want to ban it again next week, they love blocks and then they want to ban it again and then they give out news about like regulation. But then the regulation ends up not being real anyway. That'S the RBI discussion, India, Bitcoin news or today, let's move on in what I should say is completely unsurprising news. Some crypto startups, like Solana and dapper labs, are eager to execute fundraising plans, regardless of any downturn. The economy might be having right now. Likewise, Casper labs, the startup advised by the etherium foundation researcher Vlad Zamfir, is now partnering, with the Singapore resist registered, while exchange bit max to conduct its token sale in the form of an exchange validator offering. Not only do we have another new coin, but we have another new way of getting the coin through an Evo exchange. Validator offering is a really attractive opportunity to participate with the same terms that are usually only available to institutional investors. This was said by Kasper lab co, o the fundraising effort comes after the startup raised, 14.
5 million in 2019 from investors like Arrington, XR, P, capital and Terrance Scott Peyser, with who the New York Times dubbed Wall, Street's jack of all trades, I'm sure and originally focused On the Casper protocol experiments since then, CEO Myrna Manohar, said the startup switch development of a new blockchain inspired by a theory as proof of stake plans for participants, the deposited tokens as a way to fuel the network, mountaha teams of 26 developers and researchers out of A total of 34 plan to launch the new blockchain maintenance are Michael Arrington, said: he's, not sure whether his firm will participate in the upcoming token sale for Casper Labs is main net launch um. So remember: he's always talked about Casper labs, because Casper was helping aetherium to develop Casper on their like the the upgrade on their blockchain, but appears that the people from Casper labs are now trying to not only make their own blockchain but also make their own cryptocurrency. Not only making their own cryptocurrency but they're gon na have an IC, o esque evo for the token sale. I bring this up for a number of reasons. These are, of course, my opinions. It is it is. It is my head saying these things. I'Ve noticed before that, when other cryptocurrency project blockchain building helper things find themselves done with something ie, you know we're done with the thing we were doing before. They always want to try and launch their own blockchain and launch their own coin.
A lot of these have not survived, and I don't think that many in the future will be able to survive simply because a lot of them, my opinion, are usually just mimics of other things. So, for the sake of any confusion over the next couple of months, should anyone decide to ask me I myself stay away from anything ICO, Evo, ABC related, because governments usually come down hard on them. A lot of the other cryptocurrency projects that you may have noticed that we've been talking about over the last couple of months, who had I SEOs fundraising prospects or anything else they may have been doing over the last couple of years during any type of cryptocurrency economic Downturn and prices are down, but prices keep going down. These things end up closing and a lot of the coins that people put their money into evaporate and become dust, not saying that that will happen with caspere chain or whatever they're, trying to call it. But just keep in mind that's, because it's, new and shiny does not mean that you should invest in it. Actually, the contrary within the cryptocurrency space is best to invest in what is the strongest and most worst, the most robust yeah. I saw that and I thought it was quite interesting that yet again someone else is trying to make another coin. Another blockchain, I would say what I think about it, but I'm, pretty sure you can gather most of my thoughts anyway, like I said just be aware, just because it's, new and shiny and making a new token does not mean that you need it or have to Buy it just uh yeah and to finish things off, someone created a YouTube account pretending to be ripples.
The CEO Brad Garlin house to scam users, surprise the scammer promoted an XRP airdrop requesting deposits from 2000 өсөн 250000 XRP to participate, offering high returns as a reward. After an airdrop twitter user and be secure no founder of their because it's, a company co founder of SPQR media, was able to warn users to avoid this scam and make a call of attention to youtube demanding to be more alert to this kind of scams. You I mean YouTube, can only do so much these keep popping up everywhere. They have an increasing number lately on the net. The scammers had surprisingly amassed over. Here we go, the scammer actually amassed two hundred and seventy thousand subscribers. When you talk about the nonsense within the cryptocurrency space, it's weird, and not even just my channel – that other channels don't amass this many subscribers, but the obvious scams do isn't. That a shame makes me a little annoyed, not for the not for the viewers, but that people are so easily fooled by these things. In the video description, the scammer asks YouTube users to donate to send in donations. Here we go in the range of two thousand to five hundred thousand xrb to a contribution address that they would immediately receive a reward from 20000 өсөн 5 million x RP, because of course, why not the scammer even offered a bonus of up to 10? Oh wow 100 to those who participate, despite being an obvious scam, and he reported that neither youtube who either includes the video it's actually as an add on it's platformer, promotes it it's being promoted to millions of users or even Brad Garlin Hill's himself self made any Statement about it one, why would Brad Garlin house do that like? Why would Brad darling house take out time from his? He might i don't assume that brad Garlin house or Andreas Antonopoulos or metallic butyrin are scrolling through YouTube, trying to see if there are scams based on their names.
They'Re, probably um. You know no they're, there they're just not doing it here's another screenshot again. The point is without having to really go much further. These keep popping up. Don'T assume that, because this one is based off of XRP, that you can go into the comment section and say see, I told you: XRP is a scam nope. This is happening for every single coin. It just so happens that this one got 276 thousand subscribers over the course of a couple of weeks mums. Who knows the exact timeframe? I dare say the words. Please be vigilant. I hope you all know this already. I oh I'm always fearful that there's at least one, if not five hundred people who don't understand these have been popping up for a while and part of the problem is, as they do very well: that's that's, the worst part there have been many of these before And a lot of the people remember the other ones who were talking about that they would give. If you send them one ether, they would send you back five. These people sometimes make anywhere from six figures to over a couple million dollars over the course of weeks, because people for some reason, don't realize, like that's that's like me, saying, send me a Bitcoin and I'm gon na send you back to in Bitcoin that's, never gon Na happen, that that's just not a thing, so why would you? Why would anyone? Why would Brad Garlin house this would mean that Brad Garlin house is actively sitting on YouTube at a chair waiting for people to send him money that he can send it back to them.
Sounds nonsensical right. Sound sounds a little out there. Like imagine imagine Bill Gates being like hey. Send me your old computer and I'll. Send you back ten computers. Why would Bill Gates be doing that he's he's Bill Gates anyway yeah? These are popping up a bit too quick, and this is when the cryptocurrency market is like down. So imagine when the market is actually up. We'Re gon na have an avalanche of scams that are gon na, be popping up. If you have any friends who you think might not have the brain capacity to be able to tell the difference between the scam and what's, not a scam within the cryptocurrency space, please either send them this video or have a stern talking to them so that they Don'T lose any money because I already know I have about a good two friends: should the cryptocurrency market start going up, they'll have put their money into some other coin. It doesn't even exist yet that'll be made a week after the market start going back up, so they can make some good fake money anyway. That is going to end this edition of news. I missed stuff Wow a lot of stuff going on within a cryptocurrency space. I'Ll try to keep everyone updated as to what's going on, but sometimes it takes a lot out of me to be able to put together multiple videos back to back to back to back to back. I do hope, however, that you all enjoyed.
I do hope that you all have a great day great morning, a great afternoon a great evening wherever you are wherever you might be. I do hope that it's, absolutely fantastic don't forget even you know you should be doing if you are stuck at home right now. You should be doing your due diligence take an hour out of your day. It'S not like you can do anything else and learn what to invest in learn. What some of the most major companies are learn. What the major cryptocurrencies are read their white papers go through exactly why people are so bullish on Bitcoin a lot of people keep asking me. Why am I so bullish on Bitcoin? It would take me about a good five videos or the 1000 something videos I already made to be able to explain it to you. There are a lot of prospects as to why I am bullish on certain things and not others yeah. You should use this time to research to invest in yourself man, as many people say, because when the market is going up, you want to be able to know not only what to put your market your money in, but also, if you plan on pulling out because You want to buy a new house, you should also be able to learn how to time markets and realize when something is, is a bit too hot.