• Video Views: 17260
  • Published On: 2022-04-12 05:00:05
  • Video Published/Author: Joe Parys
  • Video Duration: 00:14:47
  • Source: Watch on YouTube

Cryptocurrency: it’s a trap! Let me share with you in the rest of the video why I truly do believe this could be a massive trap and also what Altcoins I will personally be buying and why I am buying them

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00:00 Crypto: It’s a trap!
01:00 First reason I think it’s a trap
02:39 Why is it a trap?
03:14 Second reason
04:26 Third reason
06:11 Fourth reason
09:08 Fifth reason
11:12 Altcoins I’m looking at
12:48 About my VIP group
13:55 Join the class & VIP group

I’m going to be sharing with you the five reasons why I do believe this is a cryptocurrency trap.

1️⃣ First reason: The Bitcoin Conference 2022 is over.

If you look at the conference, typically, and this happened last year with the conference, the price ran up to the conference, and then as soon as the conference started, it went down, down, down.

We did also not get though, people were anticipating Apple coming out and saying something and integrating that with Bitcoin and you’re being able to have it on your iPhone or whatever might be…

It didn’t end up happening, but we did have Jack Malderes come out and say that he’s integrating Bitcoin lightning network which Shopify.

2️⃣ The second reason why I think this is a gigantic trap is because tomorrow we have a meeting with the Feds yet again. I think they’re going to be raising interest rates and the price I believe is getting baked in right now.

See, everyone tries the front run a lot of this news. Basically in the last couple of days, the Bitcoin price has been going down, the Altcoin price has been going down in anticipation for this meeting.

3️⃣ The third reason why I think that cryptocurrency is a trap right now is, all of the Longs are getting liquidated, and have already gotten liquidated. All these traders are getting absolutely wrecked right now because they all went long.

We went to $47,000, now a bunch of people are going short, and the fact is they’re going too short. Everyone thinks it’s going to crash down to $30,000, maybe even $20,000, and look, it could happen, anything can happen in crypto.

4️⃣ The fourth reason why I think this is a gigantic trap is because we are seeing more and more people find Bitcoin ever before. Tera Luna has bought yet another hundred million dollars worth of Bitcoin, they continue to add Bitcoin, and I think it’s a really interesting narrative to pay attention to.

5️⃣ The final reason why is because Altcoins now are in double digit red. This to me signals that it may be time to start looking at some Altcoins.

Altcoins I’m looking at:


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Please always check with a professional before making any decisions with your money. These videos are for educational purposes only and I am not responsible for your actions in any way. No official financial advice is being given. Never listen to anyone online who tells you to not check with a professional! Joe Parys is not providing you with individual investment advice. Joe Parys is not registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. Joe Parys is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.

Affiliate Disclaimer: These descriptions usually contain affiliate links. If you decide to purchase a product through one of them, I receive a small commission at no cost to you. I never endorse products that I have not personally used myself or not found to be beneficial in my life.

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  1. Investing in the stock market is the best option to make
    a passive income. Virtually all the markets are crazy
    most people pay more attention to the shiniest position
    on the graph, I'm keeping a diversified portfolio

  2. 🚀🌙
                    *. ✨
                          ゚* HOLD HOLD HOLD HOLD
                    。。 ⚡️
                。 ・✨

  3. The most clickbaitish title with "not clickbait" in it, lmao. Been thinking how to use my spare tether I have laying around, some of the projects you mentioned definitely caught my attention. Although the overall market situation is shaky af

  4. <I totally agree with what you are saying. I started in crypto in August 2020, and I bought in. I was up 5x by December only to watch that disappear quickly and then watch the original investment go down by about 85% during the ensuing 4 year bear market. I took the opportunity to accumulate more over the last 4 years which was hard to do and at the same time a smart thing to do. I wish I had bought more. I am in profit for now but I am planning on using my experience and what i have learnt from George Smith I have learned from you and other Youtubrs especially my mentor George Smith who taught me how to make trade and increase my crypto from 6 to 20btc that no one really knows what is going to happen in the market….

  5. Joe you disappointed your troopers , you hype polypad and alot of your people loosing money after the launch failed , but till now you have not said anything after the failed launch.

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