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CAIR 67: How To Add Crypto To Your Portfolio


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Hey everybody, welcome to another episode of Financial Investing Radio. So in this episode, I have the opportunity for a second interview with Jerremy Newsome. What's interesting about this with Jerremy is he's got this organization called Real Life Trading. And he's got this. I love his mantra. It's basically they're there to enrich lives, and he gives away tons of free financial investing and trading courses, just gives it away. He feels like like this should be available to everybody. And he told me and it wasn't part of the interview afterwards, we were talking about it. He told me about an upcoming deal he's got I think it's on May 5th. If you go to reallifetrading.com/funding.

What he's doing is he's given you an opportunity to get $200,000 to invest, you got to prove yourself, you got to follow some rules, otherwise, they'll they'll fund your account. Kind of an interesting, interesting deal there. Today, though, in this conversation, Jerremy and I are talking about crypto trading, adding it to your portfolio.

Everybody welcome to another episode of Financial investing radio. So I went and got on my knees and begged and pleaded to one more time to get in the house. Mr. Jerremy Newsome first of all, thank you, Jerremy, for taking the time to be here.

Jerremy
Man, my pleasure. You're so welcome. And I'm honored. This is my privilege as well. So thank you for having me.

Grant
So you and I spoke, I don't know, few weeks ago, and since we spoke, I went and I checked more of his stuff out, you guys get to check his stuff out. I want I checked out his stuff. And I went on to his site real life trading.com. And, and he's got all this free content out there. It's incredible. I've spent 1000s and 1000s of dollars for that kind of training before I was amazed you had that out there. And I've knocked out your first three courses on it. And I have to tell you, first of all, you're an awesome educator. And second of all, you really know the markets and you teach them well. And third, I've been applying as techniques and it's made a direct impact on my on my trading activity. So okay, there you go. That's my hero worship.

Jerremy
Thanks, dude. It means a lot to me that you did that because you're a man of your word. You said you're going to and you did it. Yeah, that's phenomenal. 

Grant
Yep, sure did. Sure did. Okay. So what happened then is after Jerremy and I talked last time, I said, Gosh, that went really well. Are there other topics that you cover? And we're texting back and forth? He's like crypto and like, serious. Okay, of course, that's before I gone through your training courses. Now. I realize oh, yeah, you definitely are gonna, you know, knock it out of the park and crypto. So we wanted to discuss crypto in this world that has so much controversy around it. Some are like all in on it something it's you know, the devil's mother. It's just got all sorts of different views on it. But bottom line, let's start with what's attracting people to crypto. What are your thoughts there?

Jerremy
You know, that's a good question. And I think what attracts most people, and this is probably a slightly unfortunate answer, but that's okay. It's just like explosive games. I think that's what attracts people to it, because they're like, well, this thing is brand new. They heard about Bitcoin, they probably saw it somewhere around five to $10,000. Back in 2017. It's all up to 20,000. And now it's at 34,000. And so they're just there, they're doing the math right. People are like wow, there's a lot of opportunity. There's a lot of returns to be made. And same thing with NF T's are same thing with just active crypto trading like there are ridiculous ridiculous numbers and some huge success stories that have happened in crypto for sure.

Grant
Yeah, absolutely. So when you think about how much money I have to have in order to trade you know, options or or to be buying stocks or Doing futures, they each have their own requirements. What does it mean for crypto? If you want to get into that world? What do you need to have in your bank?

Jerremy
So that's what's cool, I think probably later down the line, but certainly, an aspect that will attract people is you can start with any amount of money, there's no regulation on how much money you have to have. So for example, as you mentioned, you have to have $25,000, the day trade, right at least, if it's if it's in a margin account, and if you're here in the US, but you have to have a certain amount of money to place a certain amount of trades in a certain period of time. Well, with crypto, you don't any amount of money, what 100 bucks doesn't matter. And what's incredible about that is you do have the opportunity, in my opinion to then offer new insights to new individuals, right? Maybe their children, young adults, maybe their 1415. Kids can trade this stuff, right? You can give, you can create your own account, put three 400 bucks in there and let a child go wild and see how they can trade because there is no if you don't use margin, which is pretty hard to do actually in crypto. So if you don't over leverage yourself, which again, is very difficult to do, the chances of you losing all of your investment are pretty small. And the chances of you losing more than you invested. If you don't use margins are pretty much zero, at least to my knowledge. I haven't heard anyone doing that yet. Therefore, it allows really an experienced individuals to get experience through the through the school of hard knocks, you know, why not? But with any amount of money, man, that's incredible.

Grant
In fact, on that point, just real quick. So when when we talk crypto, what are the what are the main instruments that you're referring to?

Jerremy
Man instruments I would say like the the decentralized, peer to peer currency that most people will probably heard about Bitcoin, you have a theory of them. There's a very popular website called coin market cap.com, coin market cap.com. And any individual can go there's free and they can kind of scroll through and determine and visually identify what are some of the larger coins, tokens projects? What are people doing? And how are they doing it. And it allows them to really just see what's out there because from a market capitalization standpoint, it's a market capitalization, meaning how big is this asset, I usually stay in the top 30. So if I'm trading something, if I'm putting my own currency into it, my bitcoin or US dollars, whatever, if I'm buying a token or a project, I'm usually staying in the top 30. So that I can assure myself of liquidity, which means the ability to sell, right, so there's almost always a buyer on the other side of the screen.

Grant 
In fact, I got involved real early on some of the Bitcoin stuff, but there wasn't as much liquidity back then. And that turned out to be good and bad, right? Those those a lot of that's overcome, certainly, obviously in the Bitcoin area. But that's great advice to stay on the top end of those is I've come to get to know you and your mission, which is to enrich lives, right? I love that about your mission. In the fact that you're you're taking Kryptos away to teach younger people about this, right? These are things that are not taught in school, right? How do you actually go about making money? Right, and how do you go about building wealth and growing it? Those are critical lessons learned? And I know that you've done some I haven't seen it. But I've heard that you've done some things around education for younger people on this. Can you talk about that? And have you done it in the crypto area as well?

Jerremy
I have. So I came up with a book not too long ago called a stock stock market journey. How to make sure kids win at life every day. And in that book, actually kind of blend in the nuances of currency. And talk about money is a fluid discussion because I mean, it is right it's a universal language. It's something that it's borderless, money is and it changes from border border, oftentimes, but allowing kids to realize that this is like a video game, you have to learn it, you have to play it, you're gonna lose, just like in a video game that you're not always gonna pass the level or whatever you might initially. But as it gets harder you get to determined you increase your skills and your capabilities through that difficulty to come out on the other side proficient at this game. So my take is yeah, I've created a live course that I did in March. So March is kids month, every month in my company. So I did a live educational event for children. And after that, it was a week long and at the end I today an offered a mentorship program for children and their parents to go through with one of my mentors so that they can learn together. It's kind of like a like a spring break at night. Learn and just understand more of it. because my thought Aussie grant is not going to change your life, and are they going to become full time stock traders? Probably not. But they will start to see the world differently. And they'll believe different beliefs now, because they will see that money can be created easily doesn't mean that you always have to choose that route. But it's at least a choice that is available to you.

Grant
Yeah, I love the fact that you're you're providing that for for these people. You got an awesome mission. Okay. All right. Let me get back to successful crypto trader. What does that mean? How do you do that? Well, like what does it mean to be successful? crypto?

Jerremy
Yeah, I mean, valid question, I think, I think success. For me personally, I define the word success as the opportunity to recognize or did I recognize an opportunity, like, That's it, if I recognize opportunity, I'm successful, I made it easy for myself to achieve success. But from a monetary standpoint, I mean, like, if you're actively trading, if you're successful, you haven't blown out your account, right, you haven't lost tons and tons of money, you still have capital around, but you are able to increase your currency that you're trading with, to better your life or the life of others around you. That's essentially it. Right? That's, that's the, I would say, an ulterior motive of success is for people to figure out a way to help others with their success. Either teach it, provide it, give it away, donate it, expand it, offer it something. So if you're a trading and you're able to carve out metal sell something of the day, if you made $600 Extra, or you made a $600 profitable trade, so 600 US dollar increase when you do 200 days a year. That's $120,000. Extra. Like, that's bomba, that's the number three significant, so tour data of the year. So we're not even talking. This is a 24/7 365 job. There's like no 200. So you're doing it's a third of the week that you can sit in and look at a good trade every other three days you find a good setup, make 600 bucks like $120,000 extra year, that's magnificent change you have as life changing and up and people do have the opportunity grant all over the world to participate in crypto, because you can do with the euro, you can do it with the Japanese yen, the Australian dollar, the British pound, any type of currency can be transacted and use through crypto. So it's a really fantastic tool.

Grant
Do you have a favorite that you typically pursue or trade?

Jerremy
I do? Yeah. So one of my favorites. It is a theory a theory was one of my favorite Kryptos for sure. But also there's another one that's a little bit less known called Cosmos, which is, which is Adam and so Adam ATO himself spelled, Adam pays a 5% yield to kind of like, is it through Coinbase. So Coinbase is a publicly traded FDIC insured company at this point. And Coinbase allows traders to have a position and Adam and just receive 5%, just like it would in a bank well used to write well, you can just kind of leave your money in the bank and just get like a free 5% return on your interest or a CD or whatever. Pretty fantastic. And that's because it's a very volatile asset class and moves up and down a lot. And so when you're leaving your money on the exchange, the exchange of the broker is able to go back on their on their side, and trade and transact with it. Just like a bank will take your money entering transact with it's really cool.

Grant
With 5%. Really? Yeah. 5% ROI. Okay, so now you can take all your money out of your CDs where you're getting point 0.002%, right. Oh my gosh. That's crazy. That is That's amazing. So in terms of crypto platforms, crypto trading platforms, do you have I mean, you mentioned using Coinbase? Or what do you what do you use them?

Jerremy
Yep. So I can definitely give you a few, Coinbase is absolutely usable. It's really easy, super effective. I like it. A lot of traders like it. A lot of individuals use it, but it is more of a what I would refer to as like a longer term. For crypto, you don't want to actually try it. The fees are a little bit higher. It's a little more clunky. clunky in the sense of it doesn't have a lot of advanced features to use. So I do use additional advanced features and other cryptos trade platforms, ones called Coinbase Pro. So it's their upgraded version of their main platform. So you can actually trade you can set limits, you can set stops, you can do all the advanced features that you want and Then if you want to level up from Coinbase Pro, there's a platform called Kraken, K R A K E N. And all these exchanges are very easy to transfer the money back and forth. Kraken is working on an IPO right now, which is they're gonna come out in the market, hopefully in the next few months. So you have a lot of opportunities to anyone, right? This is here in the US. I mean, you can open up an account been an account and like four minutes, if you're bout technology, three minutes, if you're fast, it's really easy to use. It's super easy. You can download on the app store you can use on an iPhone. I mean, it's, it's available everywhere now.

Grant
That's awesome. What a great, I'll check out crack and I've used the Coinbase stuff. But it wasn't the Pro. And yeah, I came back going oh, clunky, slow. And I couldn't couldn't control my trades very much. And this isn't the Yeah, yeah, but it's good for longer term. 

Jerremy
Like you said, the CD thing that's kind of what I tell people is like, hey, just treat like, essentially treat like a CD. You know, look at it, play with it. Like, have a have a long term, just you're buying slowly over time. Right? You buy and just sits there you treat like a savings account. Just keep buying, don't touch it. Don't buy anything. Don't do anything weird with it, just slowly buy over time. Let it accumulate, treat it just like a savings account of money come out of your bank into Coinbase great way to use it put into Adam get a 5% yield. Good times.

Grant
Awesome strategy, talking about strategies. And of course, your training material you do awesome talk talking about different trading strategies, do the typical sort of S&P 500 trading strategies that lots of people talk about? Do they apply in the crypto world?

Jerremy
Great question. Not fully. I mean, depends on what you want. Obviously, we're talking about but so crypto doesn't have very fluid option trading right now. So options are essentially insurance contracts where they protect your downside, help you leverage your upside things that nature. They are offer, but it's really more for international individuals right now. So the US is getting on board eventually with that process. However, long term strategies like buy the dip, buy long term, like take some money and accumulate over every few months. Absolutely. That works like so long, the longer term strategies that can definitely be effective and certainly be useful to think about some other ones. Just try to think of other like really aggressive strategies. I mean, I personally don't trade Kryptos on a small term timeframe. So I say small term, I mean, like, on a 15 minute chart or less. So I don't day trade Kryptos. And here's why Kryptos can very easily move 10% a day. Like that's simple for a cryptocurrency to do which is wild. But as I mentioned earlier, that's why people are interested in them. I don't go less than 15 minute chart because I don't want to capture a 1% gain or 1% Return on something that could move 20% When 10% On Tesla or Advanced Micro Devices or Apple, I'll trade those on a daily basis, but they're not going to move 10% A day 99.99% of the time. So I'm looking for one to 2% pulled out the market, right capture that cash flow, but on on Kryptos. I am more of what's called a swing trader. So I'm usually in for three to six weeks is like kind of like my preferred timeframe.

Grant
Oh, awesome. Awesome. Okay, so what about alignment with the s&p, do you see anything there happening between crypto and s&p alignment?

Jerremy
Ah, that's a good question, man. Yes, I kind of do actually. I've been noticing or at least it seems to me that Kryptos actually kind of leading the stock market a little bit. And the stock market as of right now has been a little bit of a laggard or a little bit of a weaker position. Not overall but in general, or specifically. So to come up with an example Aetherium and Bitcoin are down about 40%. Pay Pal is down 70 squares down 65 Facebook is down 45. Right. Netflix is down 75% Boston Beer Company is down 80% You have some companies are down 85% like Roku. I mean, some individual companies names are getting absolutely decimated. But big coin in theory, we're only down 30%. It's like well, relatively speaking, that's not terrible. And that's actually started before that wasn't like early November. And most of the stocks, the bigger names at least big broader market, s&p, NASDAQ they started selling off late November. So I kind of see Kryptos as almost as almost a leading approach like if I see strength in crypto, I'll have ventually assumed literally strengthened the stock market, sometimes at the same day. And I think that's because people are going to, again, slowly peel some money into crypto, the total market cap of cryptocurrencies on a like, again, accumulative basis right now is almost 2 trillion, 2 trillion now really? I'm sure Yeah, but but that's not a lot, right. That's the market cap of Apple, Apple. Yeah, that's one Google. That's one apple. Like, that's nothing essentially. So if you take, I think, I think there was a stat that said, the overall retirement savings in all of us, like, if you take the US, you take every single dollar in retirement accounts right now and average them together. It's like 36 trillion, which is a lot. If we take 10% of that 3.6 trillion, and put it into the crypto markets, I mean, crypto market triple, essentially overnight. So that's the grand your larger term I get at actual sizable money starts flooding into these Kryptos, they likely will go a little bit higher. And so that's why I kind of think that the crypto market almost right now leads the stock market.

Grant
It just looks amazing in the fact that it hasn't pulled back on such high weakness, I was reviewing some of the various stocks just last night that you were mentioning, and I was looking on the monthly charts, the the massive pull backs, and I started thinking, this is starting to feel like buy time. You know, when it's down this far back, you're like, wait a minute, this is probably what what's your take on that?

Jerremy
You're not wrong, man, you're not wrong. I do. I think that the way, there's a very popular term, I don't don't try to catch a falling knife. But my my definition of a falling knife generally is if you are trying to catch it, right, don't try to catch it with both hands. So keep keep one of your hands alive. So throw a little bit of money at it don't get super super aggressive. Take a little sizeable chunk so let's let's say have 100,000 our portfolio and unit put some money in the Netflix throw five grand at it over a week or over a month I don't take five grand go okay. Oh man go by Netflix spread it out. Because right now Commission's are free generally, in 98% of trading platforms like your Commission's are free. So you can buy and sell by 500 bucks on Monday by 700 bucks next Tuesday by 800 bucks, the third Thursday of next month, and slowly tiptoe into some of these positions. So it kind of allows you to a lower your cost basis a little bit. But really, and also be adjust. It does, it allows you to kind of understand and see and accumulate without being fearful and upset and scared. Because most people they're used to buying something and once they buy it, that's the bottom right, that's the lowest price ever. So if you buy candy bars, like you're not really worried about the candy bar you buy a house is like very, very frequently, house price goes up, if you buy a car, they feel like the price isn't going down because they don't notice that. If you buy a stock, you're you're not gonna get in at the low, like it's gonna go lower than wherever you bought it always 99.99% of the time, you're never gonna press the button near the bottom. Yeah, it's not gonna happen.

Grant
So tough to find the find the low I love that counsel, the spread it out, distribute the risks, try to get control the cost basis or lowered as much as you can. That makes a ton of sense. Okay, so final comments on crypto for helping someone to get started. Any thoughts on that?

Jerremy
Um, to get started, so I do offer education on crypto. I know right before we talked on the webinar, you mentioned that you might dive into that program as well. It is a valuable program, it is extremely useful. I teach people a little bit about what I look for when I'm trading crypto and like what what patterns I'm looking for and how I get in and how I pyramid into a position. But the good news is, I mean, go to YouTube University, right, which is just youtube.com. And any questions you have typing a how to and then how to trade Bitcoin, how to trade and how to trade, you will find so much information because education shouldn't be free. Right? The information I give away in crypto isn't necessarily education is more like how I do it and my perspective, my opinions which are valuable because I do quite well in crypto trading. And so I want people to kind of understand and see the way that someone can approach it. So for me, yeah, just go study, like spend 10 hours over the next year. Hour month learning a little bit more about it. Because it's knowledge right applied knowledge is power. If you just sit there and say I don't have the time I don't have the money. I'm not smart enough. You're leaving a lot of games, both monetary financial emotional on the table and that's not what you want.

Grant
Yeah, I love that guidance, because one of the things that you've pointed out some of your trading area, your trading training that I went through and by Either way, Have I mentioned everyone yet? It's got good material? If not, I'll just say it's worth your time to study because the approach is very balanced. It's, you know, get some into some long term. And here's an approach on how you do some long term investing. And then, and then maybe there's some medium term stuff. And then okay, you're going to go after some cash flow stuff, which is where I do some of my day trading activities there. I think you have a great balance on that, Jerremy, and I think my audience will benefit from that as well. So it would be real life trading.com. And then on there, there's going to be some links, what links will they follow to get to the crypto stuff?

Jerremy
Yeah. So just go through all the education, there's if you click on trading, and you'll see courses, just click on courses and start growing and going through all the courses there's tons of, there's tons of them out there, there's a lot available, one of my favorite ones, which you're like a lot grant as you get to it is hedging with options. So the hedging with Options program is just about how to essentially create cash flow from stocks using options and how to protect yourself on the downside, especially if you want to be in a company long term. But yeah, the crypto program, just under courses, check it out. It's very valuable, it's extremely useful. And you will get really great insight just not only on the future, and what applications and what systems can be disrupted, right, with Blockchain technology, but also how you can take advantage of any individual here can take advantage of it without being a coder, or a weird nerd or programmer, if that's one of your fears. You don't have to know any of that, to take advantage of this market, or just be in a space, just like you, man, just like me, we have to study. We're dumb. Put yourself in front of educational platform, videos, books, YouTube, podcasts, whatever it is, and study, spend a bit of time. So you could apply knowledge because at this point, my friends as we go forward, if you have internet, you have income, you have access to income, and that is a global endeavor that can change the world for the better. That's a great statement.

Grant
If you have the internet, you have income. That's a good one. I got to put that on a plaque. Okay. All right, baby. Jerremy, thank you so much for joining me here today. I appreciate that. I know you made some adjustments to your schedule to make this possible. So thanks for doing that. Any last comments before we wrap?

Jerremy
You know, the best one is, it's never the perfect time to start anything. I think a lot of us and I'm 100% guilty of this everyone isn't mature should be. There's never a time you're like alright, march 15 of 2027. You know, I'm gonna sit down, I'm gonna take four hours, I'm gonna learn this stuff. Five years from now and I'm a little bit more wealthy when I'm a little bit richer, when whatever is happening. There's never a perfect time is going to be a little bit painful, it's gonna be a little bit scary is essentially irrelevant of what it is that you're doing or why you're doing it or how you're doing it. What I can say is this, if you start something, consistency is what pays off, consistent and intentional wins the race. And if you stay consistent if you stay intentional, if you really focus on your personal growth and your personal mental prosperity, absolute game changing life will become incredible.

Grant
I love that. Thanks. Thanks for taking the time to go over that. And for joining us here today on ClickAI Radio. Thanks again for joining. And until next time, everyone go get some crypto from Jerremy Newsome.

Thank you for joining Grant on ClickAI  Radio.

 

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