Is this the end of the crypto market? I would say, look,

it's most likely crypto is volatile. But

it's not just volatile to the downside, it also means it's volatile

to the upside. Bitcoin is actually the thing. The altcoins

are just basically gambles. Could you imagine that? They sold their gold

and then bought Bitcoin. I have the money to take advantage right now of

these cheap Bitcoin prices. Every day, I'm pretty much buying Bitcoin. There

is so much wealth to be made without even trading. Why

would I even bother trading? The problem in Australia is, I'm

Matthew Fraser and this is Crypto Collective. After making

millions with Amazon and e-commerce, I realized that

if I was starting again today, crypto would be my first

choice. I'm here to help you take your first steps and

build real wealth. Ready to set yourself up for life? Let's

go. Hey guys, welcome to Crypto Collective. My name is Matthew Fraser.

And in this episode, Is this crash the end

for crypto? So guys, I just want to talk

to you about the current market and where we are in this cycle.

It's kind of pretty bleak out there to be honest for

some things, but not all things. For example,

if you hold altcoins, you're feeling pretty shit. To

be honest, and I've said it before, you know, some of my altcoins are down 80%. I

actually rotated out of some of my major altcoins, where

I had sort of multiple five figures, let's say, you know, 50 grand,

things like that. I rotated out of those and put them into

some higher market cap coins like Solana, for example. and

I guess at the time it was just it just seemed like it was the right thing

to do and I don't want to say like you know I could predict the

future that everything was going to continue to go down because a

lot of the other altcoins I had I didn't rotate out of

right but that being said I've got small amounts you know just

like five figures multiple five figures for example under 10 grand I

always sort of think of these things as hey look if if altcoins go to

zero would I survive And because altcoins make

up a small portion of my portfolio, the answer is yes. Because fundamentally,

my belief is Bitcoin. Bitcoin is actually the thing. The

altcoins are just basically gambles. And

so I've just allocated a small amount of my portfolio to

the gambling sector, but heavy, heavy. into

Bitcoin. And that's what I suggest to a lot of people that talk to me, you know,

particularly people who are new, right? I say, look, just forget about the altcoins because

it takes a long time to understand the altcoins. Just focus on Bitcoin

because, you know, at the end of the day, and this is

kind of true of where we are right now in the market, is if

Bitcoin goes down even more, right now it's around

the $80,000 mark, if it drops down to say $60,000, there

is no reason to sell. I'm not selling Bitcoin at

$60,000. You're going to say, well, Matt, what would you do? Well, I

was going to say nothing. No, it's not true. I wouldn't just do nothing. I'd

be buying more. I'd be like, oh my God, this is even cheaper

now. So I'd be buying more Bitcoin at

$60,000 because at the end of the day, it's about the long-term,

I guess, or the longevity of that asset. You know, do you believe in

Bitcoin or do you not? And it's about

having conviction in the asset. Now, if you have

conviction in some altcoins, great, hold on

to the altcoins then, even if they drop 80%, right? Because you

obviously believe that over the long term, they're going to be going

higher. So I think that sort of gives you some nuances with the

differences between Bitcoin and the altcoins. And I guess, you

know, market corrections within bull cycles are common.

This is not new, right? In fact, I think it was the last bull

cycle, if my memory serves me right, there was about four or five different

corrections on the way up, right? So it's going up a

bit and then drops 30%, up a bit and then drops 20%, right? And

so overall, the market was going up. And

if you actually zoom out right now, as in zoom out to

even the past know five years even even the last two

or three years bitcoin from the low in roughly 23 is

going up even though we've had this correction now of roughly

on bitcoin went down to about 30 there is talk that

potentially it goes lower but again i'm not really worried

about that because i'm holding on to bitcoin for the longer term anyway Don't get

caught out either, because I've seen this from some other people where, you

know, there is talk that, let's say this talk is dropping to $60,000 odd

dollars. So there's a $20,000 drop. People will

sell it at $80,000 with the expectation it goes to $60,000. But

then, oh, guess what? That thing I saw on social media

that said it was going to $60,000, ah, it didn't actually go to $60,000. Maybe

it only dropped to $75,000. And

now the problem is, you've just sold it at $80, you've

held it down to $75, right? Now the problem in

Australia, particularly, is we have to pay taxes.

So now you've got to pay tax, potentially, on the gain. It

really complicates things. It's not just a straight, hey I sold it for $80, I

bought back in at $75, you know, I'm up. It's not as clear-cut as

that. So just be really, really careful. The other thing that could happen is

you sell it for $80 and the talk of it going to $60 just didn't

go down at all. Maybe something happens in the market and there's always something

that you least expect. And so you could say,

well, what could happen? Maybe Donald Trump announces something.

Actually, maybe it's not even America, right? Maybe it's like Russia. right

and maybe it's or maybe india another another country with a perhaps

another a high gdp or china would be a great example china

just comes out and says or it's just been discovered they've just purchased i

don't know half a million bitcoin somehow they probably they can't even do

that but they they're just sucking up bitcoin like there's no tomorrow right they're taking

all off the otc desk wherever they can get it they're going to the

bitcoin miners they're sucking the whole place dry and they

are getting the bitcoin right maybe They even sold

their gold. Could you imagine that? They sold their gold and

then bought Bitcoin. That would tank the gold market.

And so if you're a gold, if you're someone who's completely into gold, you could see

the tank of the gold market, then buy gold cheap if you think it's going

to keep going up. But it would take the gold market, but then also Bitcoin

would then start going up. So maybe what I'm saying is maybe something that is

completely unforeseen from you and from

the people who are talking on social media. And I'm not saying that everyone on social media

is bad, just that no one's got a crystal ball is pretty

much my point, right? So you don't want to get out

at $80,000. The next thing you know, you wake up tomorrow and it's

like $120,000. right that would suck okay

so i would say particularly on bitcoin and

things that you were convicted on within the altcoin space i

would just hold those i wouldn't be getting out now if you've got some other altcoins though

that you simply do not believe in you and you think they're never coming back right

up to you sell them right but i'm holding on to my bitcoin that's for sure

The other thing too, I guess, that's happening in this space is the reason why it's

down is because of what's called FUD, right? This fear,

uncertainty, and doubt in the market from a

macro perspective, like a worldwide perspective. And

the things that are happening right now, Donald Trump and tariffs. people

are sort of on edge about what's happening with the different tariffs

around the world. You've also got things that are happening in the Ukraine,

right? So you've got Russia, the Ukraine, you've got America involved,

you've now got predominantly France and the UK. The France

and UK, from what I read the other day on the news, they've

just announced they're going to start sending troops into the Ukraine,

right? So this could, I mean no

wonder there's some sort of uncertainty in the market, this could be catastrophic because

this could actually pull in America, especially if

I guess if it's pulled in under NATO, right? And I did see

an article that said, you know, America should pull out of NATO before it's

too late because apparently they're obligated to step in. under

NATO conditions. I don't know if Trump would actually do that. I think he

would really be putting America in a spot of bother for sure, because you

don't want to get into this position where you're now talking nuclear weapons being

exchanged between America and Russia. What? Over Ukraine?

Are you kidding me? That would be ridiculous. So Ukraine, for

all it's worth, is, you know, sort of not some sort of saint country.

So I wouldn't be expending any of our

military lives on the Ukraine, put it that way. There must

be other solutions. And I think what Donald Trump is trying to

do is help in that space to find a resolution without sending troops

in, right? so the other things that are happening in the space

right now to do with this particular market is people are getting liquidated right

people are getting liquidated left right and center so

it's putting a lot of upwards and downwards pressure on the

market liquidated meaning that people are using leverage and

betting against the market moving either up or down, right? And

there are sites where you can go to, where you

can find this type of information which shows how much leverage

is in at a certain point. And so you've got these big money makers

or market makers in the world who will come in, who will manipulate

the price on different assets, just like

Bitcoin, so that the market either tanks down or

comes up and then liquidates people who are gambling. Basically,

that's what it is, right? They're gambling on a particular outcome. So you

can just think of it this way. If you go to the races and you bet on a horse, the

bookie doesn't want that horse to win. He doesn't have to pay you out for that horse winning,

right? Now, if he could fix it so that you didn't win, he'd

make all the money, right? And that's basically what happens within these types of

spaces. So you've got to be really careful. I never use leverage. I don't

do any trading. whatsoever. I'm the first one to put my hand

up and say trading is just a whole nother thing that that

I just I'm uneducated in and it would take me a long time to

get educated in it and I just rather not lose my money. There is so

much wealth to be made without even trading. for

me anyway, why would I even bother trading, right? If I did go into

trading, it would just be because I just want to do something fun and I'd start using, you know,

like paper money basically. But the gains to be had in

Bitcoin alone over the long term are so great

that why would you even take the risks to be honest, okay? other thing to think about

is um just in recent times there was the whole meme coin scenario

where there was just i forget the number what it was it it

was something extraordinary like i'm throwing this

number out there because it was crazy it's like 50 000 meme coins like a day

right it was something phenomenal we're just being put out into the market and

there was this craze that was happening this is sort of earlier on this year and

people were just rushing into these things with and there was so much hype around

them because you jump on social media you saw some guy

that put in like 10 bucks and he pulls out like a hundred thousand you think oh

my god i want to i want to get some of that and of course you do right it's

easy money but it turns out once you sort of look behind the

curtain it wasn't so easy right either that was a manipulated video

to look like the market was doing really well and looked like this guy

was making money but really he wasn't and so people were rushing into

these meme coins thinking Hey, I'm just gonna put like a hundred bucks in

or a thousand bucks in, wait for the market to go up, and then I'm gonna sell

out at like 10,000, 100,000 million dollars, right? Easy.

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Now back to the episode. And of course, what happened was every

one of these types of meme coins was just getting rug pulled, which means

that The liquidity was coming in. People were putting their money

into these meme coins. It was driving the price up.

And then those behind the curtains, who'd staged the whole thing,

were then like dumping their coins, selling, right? And

what happens is it takes all the liquidity, which is all the cash,

right, all the money, out of the system. So by the time you're thinking,

oh, I'm going to sell my meme coin now, there's no money

there, right? Because in order for you to sell, someone else

also has to buy. You see? And you're

like, oh, I didn't think of that, right? I didn't think of that, damn it.

So by the time it drops to zero, no one else is buying it

because everyone realizes that that was a big rug pull and it was basically a big

scam. There was 50,000 meme coins a day that

were being put out into the marketplace. That is insane.

Can you imagine? $50,000 and $49,999 of those

are complete scams. That's what happens. Don't

get caught into that because I hear so many stories. I know of people

personally who have done that, right? Now, luckily for them, it wasn't their entire life

savings. It was just a good lesson for them, right? And

they're like, okay, mental note, not doing

that again. I'm just going to focus on putting that money into Bitcoin and

then keep it simple. So this leads me to the retail punter,

right? You hear about retail. Retail means people like you and me,

right? We're not big fish, we're not multi-trillionaires, we're

not corporations, we're not governments, right? We're retail. And

I fit into that category too. and if

you just look around I mean right now in Australia we have a federal election

that's on and so what's happening is all these issues are

kind of being being brought into light which is about what does the

average person in the street actually think about what's happening in the economy and

this leads to how much money they have, right?

Which is basically most people are living week

to week, right? Because as you know, we're in a rental

crisis, we're in a housing crisis, and we're in a cost of

living crisis. And what does that mean? It means that the cost of living is

so great that people cannot afford to pay for

the basics, right? The cost of the electricity is a big one.

Rent, food, right? They're sort of the bare essentials. Roof over your head, something

on your back. and and food if that's what's happening out in the marketplace

right now how many people actually have money then just

to put into this thing called crypto right

or bitcoin right no one right if the average

punter has got no money You just see someone the

other day, I've put someone up even on my social media, jump into my Instagram account

and have a look at some of the videos I've put up recently of guys who

they're at some sort of like an SBS forum, they get up, they talk

about, hey I'm working three jobs, all the rent's just gone up, if

it goes up one more time by like $10 a week, I'm gonna have to move me

and my kids out of there, we're probably gonna be homeless because we just cannot afford

to pay any more rent, right? There's other stories about people who,

you know, they can't get into the housing market

altogether, right? So they want to buy a house. They can't afford to save up

for a deposit, right? This is very, very common. You hear it

all the time. And it's because they're basically going backwards. That's

just the reality of it. And if you listen to any of my other videos, I talk about the

hurdle rate. Now, from the research that I've done, the hurdle rate in Australia is

probably around 14%. I could be wrong, maybe it's 15, maybe it's

13, but let's say 14%. That means that your wage needs

to be going up at least 14% per annum

in order to stay above inflation and

essentially money debasement. It's brutal out there. Okay. And

I feel for these guys. So you've got to be, you know, it's

like you're swimming against the tide, but it's a very, very bad rip.

And so it's really, really tough. And so this leads me to

say, well, the reason perhaps why the

crypto market, this is sort of adding to it, okay, it's not the reason, it's part

of the reasons I think, is that the market is so flat. It's

because these people that I've just spoken about, they the

meaning the average Australian person does not have money to

just put into crypto. I'm just going to put $100 a

day into crypto. They don't have $100 a day. Not

even $100 a week, right? They're going backwards. They're probably living on

credit cards, to be honest. And I'm not having a go at them. Many, many years ago,

I went through financial tough times and I was basically living on credit. I

was going backwards. It wasn't because of inflation and monetary

debasement, although that would have been happening too. It was for other reasons.

But, you know, I was able to climb out of that and get back on my feet and create

a business that, you know, has done now over $60 million. So I'm not crying.

In fact, in a way, going through that really, really hard financial

period actually led me to make way more

money than I probably ever thought I would ever make, to be honest. having done

$60 million in sales, and that's just through one business. I've

got another business that's done even more. It certainly put me in a much better position, but I have

the money, right? This is what I'm getting at. Someone like me, I have the money to

take advantage right now of these cheap Bitcoin prices, right? Every

day, I'm pretty much buying Bitcoin, right? Whether it's through company

profits, whether it's through, I just, you know, I sell a car that I don't want

anymore, whatever it is, right? I'm in that position, right? But I never used to be in that

position, okay? It's taken me a long time to get there. what's

happening right now is because of this cost of living housing crisis

that's happening in Australia and many parts around the world, they

just don't have the splish splash of money to put into crypto. So therefore, it's

not sort of pushing the prices up like perhaps what we thought it was too. So I think

that's also playing a part. Now, of course, you've got the

retail investors that I've just spoken about, but you've also got the big money,

I'm going to say market makers, because people like Warren

Buffett, I would say he's pretty big. Let's just call him a

big fish, okay? You've got big fish out

there who have actually put money to the side. I think I even saw a video the

other day about Robert Kiyosaki, that he's stashed money

aside. We know Warren Buffett has put something like 300 million

US dollars aside. He's parked it. What for? Why

would he be doing that? Because he probably knows something that

perhaps the market is going to crash more. Maybe

something else is going to happen. I don't know. But it just seems a bit odd

that he's parked that much cash. Now, he's not stupid. He

knows as well though, if he's parked money in cash, it's actually going backwards,

he needs to have that assigned to an asset. So maybe

he's just holding his powder dry, he knows something is going to happen, or maybe he

doesn't. Maybe he just is thinking it may

happen and therefore if it does, he's going to have money to deploy, right,

which would be great if everyone was in that position for sure.

So the other thing to think about too is in social media world we

can create an echo chamber. So once one person starts saying

things are bad someone else says things are bad and next thing you know everybody's

talking amongst themselves saying things are bad so when you come in and you think oh my god

things are bad but maybe they're not. not as bad as what you think anyway. So

we have to be careful, of course, of that echo chamber. And I would

dare say it's important to listen to people who are probably outside of

that echo chamber, who can look at things rationally and not be so biased. So

guys, as we wrap up this episode of, is

this the end of the crypto market? I would say, look,

is most likely not the end. I don't think that Bitcoin is

going to zero. I think that's probably people's number one concern, particularly

when they're new into Bitcoin. It's like, oh my god, I put money into Bitcoin. Is

this the end? Is it just going to evaporate? And

of course, the signs that are out there, particularly from a

policy perspective that's coming out of America and other parts of the

world, they're certainly looking very favorable. So what

we do know, though, is we've seen lots of times in history where

people have said, the market, Bitcoin's going to zero, get

out. And of course, it never went to zero. It might have corrected, it

might have gone down, but it never just evaporates into nothing, right?

So the worst case scenario for you right now is

if you do hold Bitcoin and you're in the red, you just hold. you

just don't do anything and that being said I always say to people

don't buy Bitcoin with money that you're going to need like

next week or next month because if it does go down you then don't want

to have to sell it at a loss so it really is think of it like a

savings for the future right creating generational wealth

through Bitcoin. So guys, at the end of the day, the

real question is, is this the end of a get-rich-quick hype

or beginning of real utility and adoption? And in my opinion, it's going

to be the best thing. So guys, when I

say this has happened before where people have cried, this

is going to crash, it's going to zero. Here's the exact examples in

the past, right? It was the dot-com bubble in 2000 that wiped

80% off the tech stocks, but not necessarily relating exactly to

crypto. But there's been plenty of times in history, as I've mentioned before,

where crypto was said to have gone to zero, but not just crypto, but

even like things like stocks. So if you even just think back to as

most recently, and I say most recently, I'm showing my age, 25 years

ago, the dot-com bubble, right, in the 2000s, it

wiped out 80% of tech stocks. But once

things came back around again, you saw things like Amazon, Google,

and Apple. right which are now some of the best

performing stocks okay so things did climb back but things

came out of the ashes 2008 now this is very important

because in 2008 was the gfc right global financial crisis

wiped out trillions but look at where the s&p and

nasdaq are now and what's interesting about the gfc is

that kind of helped spawn bitcoin Bitcoin has

now had 80% drawdowns before. It also went from

$3,000 to $69,000 in just a few years. So

these things happen. As I said before, if in doubt, just don't

sell, right? Bitcoin is not going to zero. So guys, I want to

say this in wrapping up. crypto is volatile okay

but it's not just volatile to the downside it also means it's

volatile to the upside right so that's why i said before you have

to stay exposed to bitcoin in case it

goes you wake up and it's 120 000 because of something happening

right that you can't foresee so it is volatile that's for sure but

it is decentralized emotional, but

offers generational upside. And if you just compare this,

for example, to the S&P 500 gains, Bitcoin

can be tens of thousands of percent over a decade, even

with the crashes. Okay. So even if I just, okay,

10,000, I get it. It's a big number, but even just over the last five or six

years, we've seen 50 to 60% compounding rate

per annum with just Bitcoin, right? And that's despite

the crashes that we've seen in Bitcoin. The

crashes, the corrections, okay? So over the

long term, you're safe. I believe, just like

Michael Saylor says, that Bitcoin is the future. We'll see 30% to 50% gains

over the next 20 years. Okay guys,

so just in wrapping up, the moral of the story is buy

more Bitcoin. The people that are screaming scam right

now will be asking you how to buy it in the next bulls run,

right? In years to come, they'll look back and they'll say, wow, You

bought it at $80,000. How did you have the foresight to

buy it at so cheap when it was $80,000? Now you

don't get wealthy reacting. You get wealthy positioning.

Every dip is a discount. If you're buying what the masses

are avoiding, you're ahead. This isn't the end. It's

the beginning for those with vision. Thanks for tuning in

to Crypto Collective. If you've enjoyed this episode, the best way to

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