It join me for today's episode, Music, alright, guys! Now this graph is from the one and only Willie Wu he's, taking a look at the top 2412 altcoins out there, comparing them with Bitcoin, and he says, a thread on all coins. They are nuanced. We have protocol coins, utility tokens security, tokens non functional tokens, but to an investor there's only two types of alt coins, oscillators and D generators. You can spot them on this chart of the entire market. So let's go. Take a look at that chart. If we take a look at the chart, there are oscillators that go above and below this red line. They just go above and below. Okay, so there's a few that go up and down and up and down and up and down, and then there's D generators which are the most of them, as you can see, this trend just going from high to low just losing value now. This is nothing new. This is something I've been talking about for a long ass time. I always talk about this chart from Willy woo, and this is all coins or as Bitcoin days since launched on the library mix scale, and you can see all the all coins are trending down. Bitcoin is going up, however. You know people have commented well. This is from 2016 so long ago, it's four years ago, three years ago, now. Well guess what we have a new one here we go still holds true.
All coins go down, Bitcoin goes up. All coins go down goes up. So what can you do? Well, you could take a look at what all coin positions you have now grant business and financial advice obviously do whatever is right for you, but you could take a look at whatever all coin positions. You have figure out, are they oscillators or are they do generators if they're de generators, just freaking cut your losses, I mean with the help, but if they're oscillators, potentially you may be able to trade them looking at things like MACD different stuff, like that, I don't Know depends upon what coins you have now, that is that for the all coins, unfortunately, bad news for all coins. They still suck bitcoins a good thing, but Willy was stars talking about Bitcoin in another tweet that he had. I saw this one where he says my favorite coin is BTC on margin. It mechs not barking, now go freaking bigger because that's, like all the freaking rage right now, probably because three of the largest Kryptos channels or for the largest crypto channels out there just promote this non stop now granted you can make money trading on margin. I mean you can kind of predict Bitcoin, even better than all coins, a lot of the time and right now all coins really aren't doing anything. So if you want to trade, have to go, do Bitcoin and then they trade Bitcoin on margin but there's, a bunch of bunch of jokers here, the moon, sunny decree, crypto zombie.
I think I've known Tec, also they're all promoting by bit. Now. Why are they promoting by bit? Well, I have it on good record that they're making about a Bitcoin per day, promoting this stuff to you. Now, if you remember trading as a zero sum game, the guys who were winning margin trading are professional traders, the guys who are losing margin trading. Are you and you know, who's benefiting from that these guys moon? So I need to create crypto zombie I've been on tech. Now they make great content whatever, but they're you over no different, then bit connect and really sunny decree was touting bit connect way back in the day. Talking about how awesome it was so I mean he didn't change. He'S just got some new colleagues instead of Trayvon James and the other guys he's got the moon could go zombie all of them. Now some people are gon na trade. It no matter what. So that being said, my buddy Jake over at I love crypto Jakob Canfield he's, one of the top traders on trading view he actually retired from trading in his 20s. He made enough money trading in his 20s to where he could retire. Unlike all of these jokers, none of them are actual traders. Okay, but he's actually made money from trading. He has a course on margin trading, because he knows everybody loves margin, trade, they're, gon na margin, trade, whether they want to or not he teaches you how to do it safely, so that you don't lose money.
So you don't get wrecked okay. So if you do want that check it out, I'll put a link down in the description and just click on the link hit trading, and then you can find this course. There also I'll push links to this video and this video. If you want to take a look at them, oh yeah even talked about that one, but yeah don't, say we're going and by all points now. Don'T do that all coins not now wait till after Bitcoin Peaks to buy all coins that's the lesson from that video. But I'll post those down in the description and also a link to Willy whose tweet, so thanks for watching guys have a great one, make sure you check the monitor while it holds Bitcoin 3000 other crypto in there securely. While you wait for a Bitcoin to just moon, one bitcoin is your ticket to them. Hmm, alright, and these jokers make that one day selling, basically helping you lose money, isn't that awesome that's.