It must be said. I am NOT and have never been a professional financial advisor. Please do not take anything that I say as legal investment or any type of monetary advice. Everything said in this video is my own opinion. How I think, how I'm going to deal with my own life moving on this has been a very popular topic. I think, as the week's have been rolling on, I started noticing it a couple of weeks ago in general, as we were getting closer to bitcoins having people were constantly asking me what was my crypto exit strategy so here we are I'm gon na tell you everything. As much as I possibly can, what I'm going to do when I'm going to do it, how I'm going to do it and the amounts as well, because this is also another popular question, while not my best friend, I am going to be using coinbase the cash Out, I think they are amongst the 3035 names that you might have heard over the last couple of years. As far as cryptocurrency exchanges, I know they are trustworthy. I may not agree with all of their practices when it comes to the point of being able to withdraw money. I will be using them also, as far as I've also had an account with them. I think, since they first opened, so there goes that as well. They pretty much have everything on file. I have made sure that everything is in order if I can say that, so when it is time to start withdrawing funds.
They know – and I know that it's going to happen and as far as like I've, he said, corresponding with them back and forth. Trying to make sure that everything that I'm doing is going to be actually possible, because I had a fear in my mind, one time of me trying to take money out of the market and then the exchange being like no that's not possible. So I've made sure that everything is actually there I'm also going to be using Kraken and ice, and I say these two names simply because I've been using them. The longest I've seen the growth of these platforms. While I don't actively used them now, and I don't actually have any money on them currently I have everything set up within my actual account once again, I've spoken to the actual companies, and I know that I'll be able to use them when it comes to actually Cashing out taking money out of the market I'm sure that there are other places that you may use other cryptocurrency exchange websites that you feel more comfortable with at the moment. I choose these two because they are my two I've mentioned before I don't, like the idea of having my money spread out all over the place. I don't like the idea of having my money across 16 different cryptocurrency exchanges. I wanted to be a simple, quick, easy. As possible, especially when we're currently in a world right now, where any type of cryptocurrency transaction, that caches back into the US dollar or the Euro or the yen, creates some type of a crazy taxable event, and they want to know all the information for it.
So I'm trying to simplify it, just ease my headache and also to not have any problems in the future, so I will be using Kraken and coinbase this I kept on seeing this question and at first I didn't know if people were honestly asking me or not, Yeah they're, of course, other platforms. You may even also be able to use finance us or but normal by Nance or one of the other ones, but these are the ones that I'm aiming for because I've known them. I have used them the longest, so the most popular question that I keep getting over and over and over is once again what is my exit strategy and also what is my price exit strategy? What numbers will I be cashing out of the market I'm, going to tell you the numbers for myself, and I will give you a brief explanation as to why I am choosing these numbers and yeah so without further ado, starting with aetherium the first time I'm going To cash out myself of aetherium is around the four thousand dollar mark. Why four thousand, if you're ium let's see if we can actually even look at the chart, this might be a bit better to explain to everyone. You click on all right here, da aetherium reached thirteen fourteen hundred dollars give or take in 2017. This was before we had any actual strong, really heavy momentum. That aetherium was going to even be a d5 platformer that all this he theorem was going to be locked up.
The idea of aetherium 2.0 was still at that point roughly around here a couple of years away, if not a couple of long amount of months. He theorem has really come into its own. A lot of people may not like Ethier IAM. That means nothing to me. I am in a lot of this for the money it's about a good 8020. I care about the decentralization of a lot of this cryptocurrency space. However, to be completely realistic, i'm trying to make sure that things are comfortable for me and comfortable for my family for the rest of our lives, so Ozzy theorem hit 1400. Once again. This is all just based off of stuff that I've gone through in my head and the actual I mean I'm, not gon na give you a full rundown of every single article. I'Ve read over the last three to four years. People like – and this is how I got to 4000 aetherium it's – just not possible I'm – not trying to make it three and a half hour. Video four thousand dollars is my target or when I cash out half of the ether that I have the other target that I have, and this is a much longer target. So a lot of the the targets that I have. I give myself what's the word kind of short and long targets. The first half of the target is always when we hit this number sell half of what you have.
I never intend to sell all of anything. I think that would be a major mistake on the part of myself, because I never know exactly what these things could go. So, even if at the end I'm only simply holding an ether, then I still only have anything and I can still see the price rise or price drop. What have you so on and so forth? Four thousand will be the first half of me selling off and the other half will be if ether ends up hitting ten thousand dollars per coin, and I know usually a lot of people when you kind of throw these numbers out there. They lie off that's, never gon na happen. There was never any inkling. If you look at the key theory, UM's price used to be less than a dollar I'm trying to like actually hit it. There we go. There was never an indication in 2016 that a year later, aetherium would be 1400 there's, been a huge amount of momentum. We'Ve seen the we've gone over the news we don't have to go over right now as far as the things that been happening with aetherium the locking up of coins, the lowering of the issuance rate it's kind of all there. It spells everything out. So if we can hit 4000 and the momentum continues, and we still have JPMorgan Chase and all these other companies who are also still going to be using aetherium as well, it seems likely if the actual issuance rate from Ethier IAM 2.
0 is going to end up. In negative, because of the coin burn on the network that we could potentially one day hit 10000, that is when the second half of what I have the entire portion, that will also be cut in half at 10000 that's when I'll sell, and at that point the Rest of it kind of just remains in a wallet somewhere until maybe my kids, with 35 years old and I'm, like oh look at what I have never intend on selling everything first target 4000, second target 10000, 4x, RP and I'm. Pretty sure a lot of you are wondering for this as well. I plan on selling 14 25 of my x RP around 3. I think X, RP is going to have a very interesting price movement time period upward. I think it's going to be relatively difficult for a while until we end up getting a huge amount of momentum like we did in 2017. I think a lot of news is being held back from the people from ripple or simply other partners. I'M, not exactly sure what it is, and at this point I really am I'm actually shrugging. You can't see my shrug, but my shoulders are shrugging. I anticipated time to wrap around the time that we get to a 2.97 RP it's, going to cause a lot of fear in the market, and I think the market will end up. I don't wan na say plummeting, but will fall back, there'll be a huge pullback and we started getting all these articles is XRP doing yada yada, yada, yada yada, so around the rounded 3 area, I'm gon na sell a fourth of my XRP the next time from The rest that's left, but I plan on selling half of it of what's, currently left well be when xrp hits around 10 at that point.
After that, all the XRP that I have will be held secured custody I'm, not exactly sure what I think 10 is fairly easy to hit. I think, even if it's just part of a relatively strong hype cycle, if we have a Bitcoin price going to 20000 2537 44000 and we get like we're nearing 50000, I think all the out coins were profit regardless. If I think that they're amazing, wonderful, super cool or not, I think XRP will also be caught up in that draft. That is also if, at the same exact time that we're not getting actual news from companies that are actually using XRP, that we don't see more companies, custody or buying or holding XRP. I think 10 is relatively believable. If you don't think that XRP can't triple the price from where it was before, I don't know what to tell you. The point is, I think, it's gon na be a a movement like 2017. I think it's gon na be very sharp, very fast going up and the movement down is going to be one of the strongest roller coasters that we've ever seen. Once again, this is just how I kind of perceive things north of my XRP gone at 3. The rest that's left half of that 10 and after that, any XRP that I have left will be held. You know I don't have any be cash. I definitely don't have any bsv for a light coin. I plan on selling half of the light coin that I have around 500.
I think litecoin ended up hitting around 300 and let's look at it. One second, I think I accept it was – was at three forty, four twenty three twenty eight all it was can't click on the exact number for some reason on this website, three hundred and twelve, three hundred and fourteen doesn't matter, the exact exact amount I think litecoin Will continue on this trend? Litecoin has had a very strong the fact that litecoin is even still around and we see that there's. The momentum in like coin, I think, like coin in the long term after multiple having's, will do fairly well in the future I'm. Not expecting a million dollar like coin, but I think at some point we could eventually hit a two three four thousand dollar like coin many, many moons in the future, however, I'm, incredibly impatient and I'm, not waiting, four or five seven, eight ten 15 years for a Three thousand dollar litecoin when, like coin hits 500 dollars, half of what I own will be sold immediately. At that point, you know the drill, the rest of it will be locked up, custody the way in some far off land or in a mountain or wherever people are putting their cryptocurrencies. At that point, scrolling down and number nine eos i'm going to sell half of the eos I own at around 100 dollars. I think EOS will also be caught up in a hype cycle, keeping in mind a lot of what I'm telling you is just the honest truth.
A lot of people think sometimes that, because I hold the coin, be the cryptocurrency space is incredibly tribal. I am NOT tribal I'm in it for the money or a lot of these coins. I don't know I I wholeheartedly do not expect EOS or many other coins to outlast Bitcoin. I don't. I just do not think it's going to happen. I mean they could have a bright future ahead of them, but I think, as far as a twenty thirty years into the future, I don't see a lot of these coins existing. But at that point I will have definitely already pulled my money from those coins. Out of the market, so, while the EOS may potentially be you know it in the future, half of it, what I own will be sold at 100. I think we can definitely hit there. I think it's a little weird to look at the prices as they are now, and I say these large numbers and it's kind of like a can – I hit there yeah. I think it definitely can the rest of my ass that I have I've thought of it before and I've struggled to try and decide if I wanted to sell half of it or all of it around the 250 dollar and or 500 range once again, unless something Really dramatic happens over the next two years with EOS. I am probably going to completely rid myself of EOS because that's just how I am personally in this investment strategy, and I will definitely be able to use the money that I take away from that to be able to do many other different projects.
I I'm not expecting a a seven thousand eight thousand dollar EOS ever if it does happen who whoopty doo for every one who's holding it but um. For me, half of its going away at 100 and then I'm gon na have to sit there and decide when it's floating between. If it starts floating between 250 and 500, if I'm gon na sell another half or sell all of it, cuz yeah, I do not have any Tasos when it comes to card. Ah, no, I plan on selling half of it I've. This is a very difficult one, because I've thought of selling half of my card on Oh around 1, but even the previous tie before was around a dollar and thirty cents. So it seems a bit quick too quick to kind of do that. I'Ve also thought of selling around the 3 to 5 dollar range, but a lot of this is card. Ah no needs need. Shelley. Colorado needs to actually move forward with all of the upgrades that we were we've been told that we were going to get for a very long time if we enter if we enter some type of a crazy ridiculous insane bull market. I expect ADA to go up over 1, but I don't see it hitting three to five dollars. I think, if Shelley. Finally, eventually, whenever launches, I think three to five dollars is definitely more possible. I think if we see a huge amount of momentum within car downo itself, I think I would start to lighten the load and around two dollars and fifty cents.
He even at that point I'd be afraid of a pullback in price 1 for a while I've definitely thought of, but it seems a bit foolish to kind of sell that early, but around the time cardano's floating with it three to five price tile, the rain. Should it ever get there half of its gone immediately and then even then I've also sat there wondering like. I need more proof myself as an investor that I ohk and Cardno are actually going to make it. It has nothing to do with yeah we'll have an upgrade in three to four five years. Yeah we'll eventually do this. The the race has already started and at the very front of it, it's aetherium and bitcoin and bitcoin is leagues ahead of ether. So I don't see I do not currently foresee a future where car down or any of the other aetherium killer coins are going to actually surpass there IAM. Once again, we need these upgrades, but that's how I mean I I even mentioned before I'm, not a he's, a believer at all in in card on o, if card on o decides to go to 38 sometime in the future by all means right stuff. In the comment section and tell me how wrong I was, but I am purely purely into card on o for the money, even from five cents. So, even before, when I was picking it up, what was it around two to three cents and I was telling you a move up to a dollar is going to be astronomically phenomenal, phenomenal for the prices they made.
The amount that I actually ended up. Picking up. My goal of money to make from card ATO is roughly around one hundred and fifty to two hundred thousand dollars, and I think that is completely doable in the time and I'm, giving it a good two years, something timeframe. I think it could obviously happen before if we hit one some if we hit 130 before there was actually any real momentum with card on. Oh, if Shelley hits it's definitely possible for a three to five dollar car down, but at that point once again the main goal for me, if Ricardo know, is to buy an extremely low, sell, extremely high and then use that money to buy a vacation property somewhere. That is the only reason why I have Cardno the only the onl. Why the other part I don't have chain link. I do not own lumens, I don't own. Any of these coins. None no iota, no zet cash, no maker, no doge, no v chain Thor. I do, however, once again still have a me say: go people were asking me this before I have not sold any of my coins. I do not sell my coins. I have not sold my coins. I have only been accumulating. I still have my stack of oh me say: go whatever word, you kind of want to use for it. I expect let's see how I I think, Oh me say, goes previously. All time high was twenty three dollars or something like that.
I'M. Second yep, twenty three. Roughly twenty three twenty four somewhere around there as it stands right now me and O me say, go our acquaintances, but we are not best friends. I think the o me say: go team needs to really get it together. I understand that there for those of you who do not know the O Mesa go team. What they have said before and what they do is they don't want to give an enormous amount of news or information because they don't want to hype anything up. They say when things are done. They'Ll be done, however, that's not how the real world works. At some point, people will get very fatigued and tired and they'll need to know that things are going to continue moving, especially if they haven't invested money into it. So my thing is around 25 dollars, roughly I'm gon na sell half a mile Mesa go BAM immediately, especially because the Mesa go has just been added up to coinbase immediately half of it gone. I simply because it to be incredible profits that I've made, but also is kind of like a yeah. The other rest that I will be left with. Half of that will be sold, should, let me say, go ever at some point surpass or get near 100. I think that is definitely possible, especially if all the partnerships and links that we heard between them and the etherium teams still hold but it's looking it's looking very choppy, if you kind of want to say that right, these are the only coins that I actually hold.
Now, for the one I'm, pretty sure, you've all been waiting for is Bitcoin here's my idea behind a Bitcoin everything in the world, no matter what it is, no matter where you go no matter what you're trying to buy or purchase can be already purchased with Bitcoin. You don't believe me search it. I promise you everything on the planet can in some way already be purchased with Bitcoin, even if you, even if there's a store that does not accept Bitcoin. There are other websites that will take your Bitcoin and convert it into a like legit websites as well. That will what's it called to make them into gift cards and whatnot, and so and so forth. Everything you would like to buy. You can buy lucidly also in in Bitcoin, so that's that's part number one by the time we get to a fifty to a 100000 Bitcoin bitcoins dominance. I I dare not use the word supremacy over the US dollar will be. People have poured cement over it, any cement will have begun to harden. When do we talk about Bitcoin, already being the eighth largest currency on the planet and that's around the time that Bitcoin is. I think that article was written when Bitcoin was floating around seven. Eight. Nine thousand dollars, if a fifty thousand dollar Bitcoin one trillion dollar market cap under a two trillion dollar market cap completely solidifies bitcoins dominance over many other things, I believe in Bitcoin.
I think it will do exceedingly well. The chart also looks absolutely fantastic, especially when you look at the triangular shapes I never actually intend to sell Bitcoin. I never intend to swap my Bitcoin back into US dollars unless there is some type of crazy, apocalyptic, dramatic event where I am in desperate need for cash. I will. I will only accumulate more Bitcoin until the wheels fall off that's number. Three. The entire thing is basically one major experiment for me as an investor, and also, I guess, for the rest of the world, when you talk about Bitcoin, being something that's able to usurp the US dollar. Those are those those are fighting words, so I kind of want to see how it all plays out. I'Ve told many of you before when it comes to the cryptocurrency space or many other investments, it's a very incredibly destructively volatile market. If you can't handle the heat get out of the kitchen, no one will blame you. No one will laugh at you. No one will judge you there's, always a risk that tomorrow Bitcoin could go down to zero. No one knows the future it's not written in stone. Nothing is written in the stars, no one knows for certain people believe strongly in Bitcoin and that Bitcoin may do well, but no one can for certain say where Bitcoin is going to be a year. 2. 3. 4. 5. 15 years from now. I do, however, plan on using my Bitcoin to actually buy things by the time.
Bitcoin is floating around 250000 US dollars. Even then that's. A very huge question mark that hangs over my head. Like will you actually do that and that'd be the the resounding answer? Is a is a soft? Yes, in a major note, by the time, bitcoin is around 250000 dollars. We will probably have gone past the UM what's, it called the 2024 having and many people will start to get into Bitcoin as a deflationary asset as they currently are right now and deflationary assets, especially Bitcoin in comparison to the US dollar. We will mathematically. So the same goes be able to see the actual appreciation of bitcoins price as it continuously becomes. Even scarce or more people are buying it as an asset and the scarcity becomes the higher the price goes. The higher bitcoins price goes as a deflationary asset, and many other countries around the world have negative interest rates. People will start to choose Bitcoin as an investment vehicle over other assets and, if you've ever read these books before, for those of you who have I'm pretty sure you like yep, this is kind of the idea behind it. People will simply start buying Bitcoin as their investment vehicle or as an asset, as opposed to buying real estate. That'S, not saying that real estate is going to crumble into the ground, but if you are getting a 3 4 5 7 15 return with Bitcoin per year. You would simply turn around and say: well I know that I'm going to make more money with Bitcoin as opposed to buying real estate, as opposed to buying a car, as opposed to buying anything else and that's kind of the future.
That is envisioned and has been envisioned for quite a long amount of time. This is why I keep saying, like a lot of the stuff that I read before when I first got into crypto currencies around 2012. Nearly all of it has come true, even the the the countries fighting us and the the arguments in the anger and the confusion and the price drops down and the price movements back up, it's all been what's. The word I don't wan na say prophesize. That III think it's just general economics or extreme economics when you kind of look at it. That way, the major point being after all of that, I never plan on getting rid of my Bitcoin. I think if we end up hitting a quarter of a million dollar Bitcoin, I may begin to use it for some purchases to buy things, and I may want other things to invest in, but even at that point, once again we go back to that loop that I was just talking about as far as a. Why would I want to get rid of the Bitcoin if I know that it's only going to be worth more a year later so yeah? I hope I answered your questions. I saw about four or five of these questions. Just in the last video alone, I assume, as prices have been going up or rumbling up or whatever the case might be the last couple of weeks that maybe this was it something in the back of people's minds.
A very basic strategy, nothing too complicated about mine – I just have price – is in my head for everything, for whenever I I want to get rid of assets, except for like real estate like real estate, I accumulate and don't sell, especially if you watched one of my Other videos, anyway yeah. I hope I answered all of your questions. It is fairly simple, I'm, going to be using two exchanges. Gon na be pushing that crypto onto those exchanges. When we start reaching near these numbers, I'm gon na put an automatic, sell orders and then hopefully wake up in the morning, and I have money in my account and then when everything is cleared and dust has settled two or three weeks months, later I'm gon na Use that money to buy property that is has that has been a huge major goal of mine for a very long time yeah. I do hope that you all enjoyed. I do hope you all are having a great day a great morning a great afternoon a great evening wherever you are wherever you might be. I do hope that it's absolutely fantastic.