The Polymath Experience #22 - That’s My Quant / Julien Pelegri

Transcript

Speaker: Hello everyone and welcome back to the Polymath Experience Experience Experience and I am your host Polymath today and probably for the last recording of the year which will be probably the first episode of the year.

Speaker: We have a special thing, we have someone special.

Speaker: He starts with a crazy energy, you have rarely seen that.

Speaker: And he has an objective very clear, he wants to make 1000 people of his investment millionaires.

Speaker: And it's not all, it's...

Speaker: the bottom of the description.

Speaker: He is, among other things, partner of Ousama Amar on a project of market making.

Speaker: And for those who don't know Ousama Amar, it's still a lot.

Speaker: For those who navigated a little bit in the French entrepreneur,

Speaker: I think no one can't even know it.

Speaker: Our guest is also a mini whale clone-ex-artefact, so we can hear it well.

Speaker: It's someone who takes everything he does extremely well.

Speaker: He is very determined and clearly, I won't be able to do it against him.

Speaker: And to find out who this is, it's our friend Julien, That's My Quant.

Speaker: That's it.

Speaker: With the same That's My Quant, because my little quote, my brand is That's My Quant, because I'm a quant.

Speaker: And as you said, in terms of the reference in the movie, a mythic of the Beach York, where we have this intervention on That's My Quant, a little bit for justifying some calculations or strategies of investment, plus or moins valid.

Speaker: It's fantastic this scene.

Speaker: To chop the sound I was going to look at it.

Speaker: The whole movie is a classic.

Speaker: The Big Short is really a movie to watch.

Speaker: You haven't even followed the movie at the time?

Speaker: No, I have 25 years and I have done my studies in two years.

Speaker: I'm still still in finance.

Speaker: But after that, I was a little bit older than 18 years old, I started to look at all that.

Speaker: And then, I had a bit of a bit of a background, so it was done relatively quickly.

Speaker: It's a bit mythic for the people, the people who are going to say,

Speaker: You know, we discussed it, the people who confond a little bit of everything.

Speaker: They confond the brokerage, the bank, the trader, the coin.

Speaker: It's a bit of a fool.

Speaker: In addition, the films don't help.

Speaker: So, it's pretty simple.

Speaker: I do, I do the coin to simplify.

Speaker: So, in general, I take a bit of data science and apply it to the financial market to respond to problems, and often problems of our clients.

Speaker: Yeah, yeah, normal.

Speaker: And you always were interested in finance?

Speaker: You knew that you were interested in finance?

Speaker: Well, I think indirectly I always thought I'd finish in finance.

Speaker: After I didn't have a financial in the family or a person who is in finance.

Speaker: I didn't have a financial study, so I didn't have a financial study.

Speaker: But I was in the middle of the sense where I made a lot of maths, a lot of data, a lot of machine learning, AI.

Speaker: And so we're going to say that many people like me finish in finance or

Speaker: Atterrisse là-bas, c'est quand même un secteur hyper porteur qui a beaucoup de croissance, qui est quand même très gros, très compétitif.

Speaker: Donc je pense que si vous aimez un peu de challenger un peu le truc, vous finissez toujours un peu tous en finance.

Speaker: Et puis moi, ça répondait toujours à une problématique que j'avais depuis toujours.

Speaker: C'était à un moment donné, je me suis dit je vais aller avoir de l'argent.

Speaker: L'idée, c'est un peu comme ce que me disait Warren Buffett.

Speaker: Si tu fais pas d'argent quand tu dors, finalement, tu travailleras toute ta vie.

Speaker: Donc ça, ça m'avait un petit peu traumatisé quand j'étais petit.

Speaker: So I thought, how to maximize the fact that, thanks to my job, I'm going to do money and in addition to my job, I'm going to do money on the money, and so have a little bit of this virtue.

Speaker: We're not the same traumatism.

Speaker: Yeah, it's true.

Speaker: A punchline of Warren Buffett, it's cool, it's cheap.

Speaker: And your brother, how does it organize?

Speaker: How do you work together?

Speaker: And how do you work together?

Speaker: Yeah, so with my brother, we're a bit like the brother Tate, we'll say.

Speaker: Tate Brothers.

Speaker: In fact, it's done naturally because he's more old than me.

Speaker: He's very mature and he has really different skills from my own.

Speaker: So in fact, it's hyper complemented.

Speaker: Because he has some skills where I have no expertise on it, I'm null.

Speaker: And he's on certain of my skills.

Speaker: So frankly, it's pretty good.

Speaker: And frankly, it's super agréable.

Speaker: I think it's a great thing to say,

Speaker: It's good, sometimes the family can be a little complicated in what we hear from the return.

Speaker: But globally, if you have a friend or a friend of a family, it would be better to do business in family, for confidence, also to be able to talk and to be able to advance.

Speaker: It's super important.

Speaker: I would say that it's really on the skills that they are well.

Speaker: And then in addition, it's pretty cool to work with your friend.

Speaker: And since the beginning, it was like that?

Speaker: You had a deal together?

Speaker: How did it go?

Speaker: I think it was a bit at the beginning.

Speaker: I tried to help him in his industry, which was rather a startup, so the product, developing software, SaaS, for those who see it.

Speaker: So I did a lot of work in his industry, and then he's a little bit in the finance.

Speaker: And then finally, he's remained in my industry, all in keeping his path where he's more product manager, he's doing business development, etc.

Speaker: But very, the product, startup, so there we have a lot of need for this kind of compétence.

Speaker: So you're on the side of the business, finance and marketing, because you seem to have fixed the objective of making noise, and your brother is on the business.

Speaker: It's true, business, product, the management, the operation, which is quite important.

Speaker: In fact, on my branding side, I'm going to say that I'm going to try my chance.

Speaker: I think it's a business that is super competitive, super difficult.

Speaker: So, I'm going to say that my focus is trading and content now.

Speaker: Even if I don't do much content, not as much trading, but I don't do much content.

Speaker: But it's a tentative, we'll see where it leads.

Speaker: I think it's something different from what people are going to see on the trading, investing, so it's a little bit of luck.

Speaker: Yeah, but it's good because the thing that's complicated in branding, it's not a notion of content, or of content, it's a notion of placement of content.

Speaker: and to have your identity to you.

Speaker: There are many people who start creating content by copying a little bit what's happening ailleurs, but without really bringing their own path.

Speaker: So I think you found it very quickly.

Speaker: The quality level is good, and in addition, you seem to have already found your niche.

Speaker: So it's cool.

Speaker: Yeah, it's cool.

Speaker: In fact, I agree with you, it's because there are many people who make a lot of content, who look very well.

Speaker: And then it's very difficult for these people to activate their community.

Speaker: We, in my niche, maybe we're not very known, we don't do much, but the content we do is very active, it's a lot to talk about people.

Speaker: So in fact, your conversion is really gigantic.

Speaker: And then we won't be kidding, it's also from a marketing point.

Speaker: We tried to pay a lot of people, we tested a lot of things in marketing for people who help us to generate more business.

Speaker: So at a moment on thought about how we can create our own business, it makes sense.

Speaker: So it's like that we tried it.

Speaker: And then I will not say that with Ousama who is a little bit behind, who is a good advice.

Speaker: Well, normally I'm well guided.

Speaker: In terms of advice, in terms of visibility also.

Speaker: Because mine of nothing, being associated with him, it's crazy.

Speaker: Like, despite all the FUD that he had around him,

Speaker: He seemed really untouchable.

Speaker: I remember something he said in a podcast, but I've heard it about 6 or 7 years ago.

Speaker: He said that I've been able to travel the tempest when I'm in the taff, but when I'm in the house, I leave it at the door, I'm going to sleep, and I'd say that he's a...

Speaker: But after it's on the screen, you know directly, so I don't know if you have the same experience, but it's like he has a good love, which is quite important to allow him to continue to do his own chemin, to continue to do his own thing.

Speaker: And then, it's true, it's a phoenix.

Speaker: You can't, as you said at the beginning of the podcast, don't bet against him, don't bet also against him.

Speaker: You know, it's always like, what I say is that all the videos that he offers, everything is gratuite.

Speaker: I know very few people who offer so much value, it's kind of a crazy thing.

Speaker: It's a crazy thing.

Speaker: Gary Vee National.

Speaker: Yeah, that's right.

Speaker: And Gary Vee, even if he offers a lot of things, there are times where he has to be very violent in his brand.

Speaker: And where you can tell what Ousama has not done.

Speaker: and you can see all the content they apport.

Speaker: And of course, you can see these videos on the internet because there are a lot of people who are a shadow man, but there are plenty of people and all that, especially if you want to get started.

Speaker: After there are others to watch, but I think it's super interesting to put all the content there on the internet to really make sure you're doing it.

Speaker: What were the first things, or the first things you made, the first conseils that were very important to you?

Speaker: I would say that it is excellent, it's really on the vision, but not like the vision that people hear it.

Speaker: In fact, I think he feels good the market, even if he is not an expert in a domain, he is so good that he understands the market, he understands the dynamics and he knows very quickly the risk reward that you have on all the activities you want to do.

Speaker: So for me, in the entrepreneurial or a little bit of everything you do when you build, if you already enlève everything where you want to lose your time,

Speaker: and where your return on investment is not very good on certain types of content etc.

Speaker: If you cut it very hard, you can't take it away.

Speaker: It's really hard to do what you do.

Speaker: Because the hours you pass are hours where there's productivity etc.

Speaker: So I would say that.

Speaker: For sure, from the point of view mindset, it's not bad.

Speaker: It's a different approach.

Speaker: And that's an approach that you can't see when you watch videos on YouTube.

Speaker: It's different.

Speaker: And then, it's just an ad ad that's huge, you don't see people incredible, it's open to the heart, you see things crazy.

Speaker: So, it's also a magic thing, I'd say.

Speaker: It's cool.

Speaker: But, bref, let's go to you.

Speaker: What were your first steps between the end of your studies, when you had really done the switch of math to trading?

Speaker: How did you discover that?

Speaker: Really, we were going to stop for the moment on the financial side.

Speaker: What were your first lessons?

Speaker: How did you...

Speaker: Well, for being honest, it was very very early, because I was minor, so I was still at school, and in fact I traded on a... I didn't have a chance to have a account, because I was mine, and I traded on brokers who offered a demo account.

Speaker: Okay.

Speaker: So I was a little random, what I was doing, it was a little bit of a thing, but in fact I was already a little bit in it and I started a little bit to look at all of that, and in all of a sudden I listened very hard... It was a forex?

Speaker: Yeah, it was a forex forex.

Speaker: And in fact I was always very attentive when I had people who passed, who said I'm in finance, I'm doing this, I'm doing this.

Speaker: So I was really captivating.

Speaker: And in fact it was done naturally.

Speaker: And then even when I started my studies just after the bac, very quickly I looked at a lot of what happened.

Speaker: And when I was in the crypto, very quickly I did that.

Speaker: And then everyone knows that crypto is super prenant.

Speaker: And very quickly I found a lot of stuff.

Speaker: That's what I'm saying.

Speaker: You had a pro approach to Forex?

Speaker: Or at the beginning you had to leave a little bit on your own, you had to balance your buys on anything and you had to wait?

Speaker: I think it was my force, I don't have a... I'm not old but I think at my time it wasn't all the bizarre things that there are on Instagram that we can see on Forex, the scam things.

Speaker: So in fact, I tried to look at what happened in the books, a little on the internet, but on the content, it's not YouTube.

Speaker: I had to do the content very difficult to read, papers, things.

Speaker: And I tried to do a little bit like that.

Speaker: And then, I realized that it was segmented by the technique, the fundamental analysis, algorithmic trading.

Speaker: And then, all the strategies they were there, arbitrage, all those things.

Speaker: So I started to explore it to make my idea of what happened.

Speaker: But no, I didn't start as a big agent.

Speaker: I didn't start as a grid.

Speaker: I started because I didn't know, it was interested in what happened.

Speaker: I wanted to understand a little bit what happened.

Speaker: Do you remember the first lessons you've learned?

Speaker: The first things you've learned... You know, if you wanted to remember the 3-4 lessons you've learned at that time, which you've used to now?

Speaker: Niveau trading, you want to say?

Speaker: Yeah.

Speaker: In fact, I think one of my forces, in any case, something that I've learned super early, is that there are plenty of people who have on trading that are completely wrong.

Speaker: In fact, what's difficult on trading is the big part of the account,

Speaker: It's that, in fact, your cost to search in the way it's enormous.

Speaker: For example, the cost to launch an entrepreneur with not the good branding on a market where your market is small, all these errors that you make and they really make a difference, whether you're very good.

Speaker: I would say that it's that, it's to understand what works and what works in trading.

Speaker: Why?

Speaker: to understand that it is not necessarily the solution, the miracle, the miracle, which will work all the way through all the time, etc., or something magical, that it is an association of many things and that it is necessary to understand your limits and to get into it on that.

Speaker: And then I think I'm very resilient to the FUD and the FOMO, very resilient to the sound of the cyrènes, so that's what I call it.

Speaker: So it's with all these things where you'll have some people who will tell you about the things surrealist, the promises.

Speaker: So I'd say that these three things are a bit...

Speaker: a little naive when I say it like that but they are very important they are very very real for someone who and for anyone who is listening to today and who is already a little bit in the web 3.0 who is already a little bit in the crypto we know all of a lot of the best books that I read on the trading at the time it was Trading in the Zone

Speaker: Trading is on the other.

Speaker: Which is a classic for some traders, because it's really... I think the biggest solution is that the trading is psychology.

Speaker: You can do everything you want, you can have a good model, you can have a good strategy.

Speaker: If you don't have the mental that goes with, you will be fired.

Speaker: Rebonjour à toi, désolé de l'interruption mais si le contenu te plaît tu peux écouter ça parce que tu auras l'opportunité de nous soutenir et de t'assurer qu'on continue de faire de beaux épisodes.

Speaker: Aujourd'hui je voudrais te parler d'un protocole qui est probablement en train de devenir un des plus importants de notre écosystème et de l'écosystème financier global, il s'agit du protocole Wasabi.

Speaker: Et aujourd'hui tout simplement ce qu'il permet de faire c'est de parier sur l'avenir du prix de collection NFT.

Speaker: Plus tard

Speaker: It's an element, it's a platform that will allow you to be able to get the power of all the tokens that will be tokenized.

Speaker: And all the digital objects but also the real objects.

Speaker: Two small examples of how you can use it today.

Speaker: For example, you have a NFT collection that you love, which is a very high price.

Speaker: You know that the price will descend because there was a speculation.

Speaker: You want to keep your NFT, but you want to capture a part of this value.

Speaker: You can use the platform to buy the price of the price.

Speaker: And like that, keep your NFT, but also keep your value.

Speaker: And the second example is...

Speaker: If you are a NFT collection and you think it will increase in price, but you don't have the money to buy all this NFT or you don't want to take all this risk, you can simply use the option option.

Speaker: and in this way, obtain a key which will allow you to win on the price.

Speaker: Of course, always do your research or Dior, as we say in the French world, but you don't use that tools that you understand and that you manage, you don't use that amount that you can help you lose.

Speaker: All the financial investments have a risk.

Speaker: And now, back to the episode.

Speaker: What did you do at this time?

Speaker: You had a macro approach?

Speaker: You were on the list of tactics?

Speaker: Do you remember?

Speaker: I never had this school to say, I don't play football, I don't play basketball.

Speaker: So for me it's always the same.

Speaker: In trading, you have to understand where your advantage is, where is your edge?

Speaker: And so when you understand

Speaker: So the idea is how can you take a little of all the places to improve your rentability?

Speaker: What I would say about that is that when I started, I was not necessarily a technical analysis, I was never a fan of the technical analysis, but I was looking at a lot of the graphs, I tried to understand a little what happened, how the news was diger, how to recover some metrics, you see the price, you see a little bit of the liquid, how to move.

Speaker: In fact, I tried to really model what happened.

Speaker: Very often people say that I do not do that, so I do not do that and I do not do that.

Speaker: No, you have to understand, you have to adapt.

Speaker: Finally, the biggest thing for me, the trader, you know, psychology is important, it's how you adapt to the market and how you get to adapt without you to do not get into the overfitting where you go to do the sur-apprentice of what you see.

Speaker: It's not because when Elon Musk tweet Dogecoin that it's not going to work.

Speaker: It's not going to work.

Speaker: It's not going to work.

Speaker: It's not going to work.

Speaker: It's going to have an approach quantitative that tells you that what is going to do for the solution?

Speaker: It's not going to find the solution.

Speaker: It's not going to find the solution.

Speaker: It's going to be the way to find the solution.

Speaker: But it's going to find a balance between the two.

Speaker: How do you define someone who is a quant?

Speaker: What do you mean to have an approach quantitative?

Speaker: I would say because there are people who say yes I'm a quant, they're not very respectful.

Speaker: For example, the trade file is a lot of people who are in crypto who are in an analysis technique.

Speaker: I'm convinced that there are a lot of people who are in crypto who are in an analysis technique.

Speaker: I'm convinced that there are a lot of people who are in crypto who are in a lot more than a trade file.

Speaker: So it's to understand that for me, the quant, and I see it very often, it's the point common that I see in all the very good traders, all the very good investors.

Speaker: I met one a week ago, one of a very, very, very, very traders crypto.

Speaker: And he said, I'm not a point, he said, you're not a trader.

Speaker: In fact, I said, you're a point.

Speaker: When you explain how you trade, you're a point.

Speaker: So what I'd say is how to do, to really re-transcribe what you do in the right way and understand what you do, it's a sense.

Speaker: I'll give you an example, the Fibonacci, the tracements of Fibonacci.

Speaker: I don't believe I'm not a fan, I don't use it, etc.

Speaker: So imagine you use it.

Speaker: It's often the people who use the tracements of Fibonacci on the report of the value.

Speaker: It's how they allow us to have a consistency on a pattern.

Speaker: The pattern is the pattern of a token that is mounted on a fortly.

Speaker: When he touched his top, there is a probability of X which retrace of 30%, 30%, 30%.

Speaker: In average, after a month of X%, you have a probability that the thing retrace a coefficient multiplicator x the percentage of this month.

Speaker: Imagine.

Speaker: And so you understand that it is a sense.

Speaker: Everything explains.

Speaker: And in fact, if you have this approach, you understand a lot more that the Fibonacci is a simplified tool, which can be a simple tool, which can describe certain factors and certain things.

Speaker: I'm not going to go into detail because I don't want to say it and simplify the work of certain people.

Speaker: The big problem we have on the account is why no one speaks to the account, why they don't speak to the internet.

Speaker: I know all those people who are very good accounts, they don't speak to the internet.

Speaker: They don't speak to them.

Speaker: It's a bit strange, but I understand it because you don't want to explain what you do.

Speaker: For example, here, what I explained about Fibonacci, it's bizarre for certain people.

Speaker: Most people don't understand it, but if you start talking about what I explained and try to creuse, you really understand what a Fibonacci is, what the guys play, what you theorize, and is it not even you can improve the modelization of Fibonacci in taking into account of many factors of your time series?

Speaker: Because at the end of the day, what we look at, it's a series temporel, so it's how the price moves in fonction of the time.

Speaker: So, you want to give an idea.

Speaker: Yeah, it's fascinating.

Speaker: And for a little bit more concrete, for example, in the big lines, this famous trader to you talk about, what do you do?

Speaker: He's trading his own own money, so he's trading plus 9 shares in crypto, so it's kind of rare.

Speaker: It's high stakes and low?

Speaker: No, no, no, no, no

Speaker: He actually, in crypto, because it's for him the market that presents the best risk risk, I think for most people who are in crypto, it's a lot for that, even if we are builders, etc.

Speaker: You expose yourself to one of the industries that has the most growth, so everything you do is due to it because of that.

Speaker: I was talking to someone who was in insurance, in an insurance country, I didn't mention it, I said why did you do that?

Speaker: He said in this country, it's the industry that has the most growth.

Speaker: It's just a shit, it's been 20 years that it's the case, so I said yeah, you're right.

Speaker: What did you say to say that he was a quant?

Speaker: What did you describe in his approach that he said that he was a quant?

Speaker: In fact, it's a bit special.

Speaker: I think it's very difficult when you meet people, especially when I'm in Dubai, there are many vendors of rêve and others.

Speaker: It's very difficult when you talk to a person, between what she says and reality, you know, there's a world and it's to understand that.

Speaker: And it's that where it's interesting, and it's why when I'm out, I like to talk to people who are there, because in fact, you understand the difference.

Speaker: It's a bit like a doctor who meets a doctor who meets a doctor.

Speaker: I think very quickly you can feel if the other is not a doctor.

Speaker: So with the Quant, it's really the same.

Speaker: And in fact, it's really how the guy tells you what he does, what process he does, etc.

Speaker: Where you start to understand that his method is quite a lot of thought.

Speaker: And even he does things where he says, for example, when he happens that on the market, I don't know, I'm doing that.

Speaker: And he says, you know, I'm backtest it.

Speaker: And I can tell you that there's a real pattern, there's something.

Speaker: And so in fact, it's the guys who, finally, are not the tools for him.

Speaker: In fact, this guy, you learn the code, you give it to data science, you put it back testers, you give it to a little bit of muscles, you put it to a big team, maybe he will do things even more stylized.

Speaker: And so in fact, it's that the current, and it's why you have a lot of funds that are very very strong.

Speaker: It's that, what happens in these funds, they have a lot of capital, they can't go through these guys very intelligent,

Speaker: to give them the best munitions and so then after the guys they are in very good position to be able to beat the markets and to be able to get the most possible market financials.

Speaker: That's crazy.

Speaker: What's interesting is

Speaker: I've never been too creuser, but for example, I started working with a guy who is in my ecosystem, who he does machine learning, and he does a buy, he does a lot of money, but he has not had the time or the time or the time of doing it.

Speaker: And so, I'm led to this issue, and there's always this thing

Speaker: you are really at the meeting between human psychology and technology and finance.

Speaker: And so, the automation is too good, the artificial intelligence is too good, but to be good at that, I imagine it is super good for you.

Speaker: where the human is, where the machine is.

Speaker: And how do you deal with that?

Speaker: Because I find you very mature for your age, and I find you really a capacity to recuse and

Speaker: on feels that you're not just someone who tests it and you feel that you're already in the way to succeed and that you already maîtrisate your stuff.

Speaker: Yeah, it's true.

Speaker: It's a bit of a different way when you pass 7 jours on 7 all your time and you know, I don't know how to say it in my life, I don't know how to say it in my life.

Speaker: Yeah, well, you can't get my life, you can see that.

Speaker: In fact, you spend the time, you progress.

Speaker: And it's also one of the things that is cool with the Quant, and that's not only finance, you can see this approach quantitative on whatever you do.

Speaker: and in fact it's that you progress much faster than a domain also so that's also important in trading it's not to be a big trading investissement it's a journey you know it's you know it's going to accompany all your life and so you have to want to do well and do well and start to start with the things and start with that we have to do this club of investors also you know the mayor of club it's for help all these people you know to progress all along the journey you know

Speaker: And so, as you said, I'm pretty convinced that when people talk about the IA, they say that it's going to suppress jobs, it's going to do this, it's going to do that.

Speaker: In fact, I think that the IA, it's going to just sublimify the skills we have as humans.

Speaker: And it's going to really sublimify all the people who are croant.

Speaker: Because in fact, what happens when you have the IA, it's that we give you a great tool, super puissant.

Speaker: I talked to a friend who does copywriting and I asked him, is he already using GPT?

Speaker: He said no.

Speaker: In your team you can have the Mbappé for copywriting, but if you don't take the Mbappé for copywriting, it's bad.

Speaker: In addition, it costs 20$ per month.

Speaker: And in fact, it's what's happening.

Speaker: And finally, this IA, all these tools that we have available, it's how you can use it and leverage it.

Speaker: And to try to make everything you want in your life even more productive, even more fast.

Speaker: And in finance, it's a normotopic because there are plenty of things, especially for us, we use it.

Speaker: We need to have a little bit of IA, it's quite a large IA.

Speaker: It can make a little bullshit when we say yeah, I use IA.

Speaker: But to have a choice of how we use certain data, how we fit the algorithm, how we adapt to the market, etc.

Speaker: How is there a way to use a trader, a retail classic, who just does a little buy a crypto, a little bit of a time frame, how can he use an IA tool accessible to help him in his trading?

Speaker: It's a good question.

Speaker: It's a very good question.

Speaker: Simplement?

Speaker: Or, just a way of doing it?

Speaker: That's a way of doing it.

Speaker: It's a way of doing it.

Speaker: There are APIs, it's a way of doing it.

Speaker: It's a way of doing it.

Speaker: But it's a way of doing it.

Speaker: I'm not a technical one.

Speaker: I know that the chat GPT can balance the code.

Speaker: As soon as you can go on it.

Speaker: I would say that the most interesting thing about all the tools we have now, if we take the chat GPT, is that the chat GPT will help you to spend more time on things that make sense for you, like the trading.

Speaker: And in fact, imagine you have a trading journal where you document all the things, you will be able to send a chat GPT to send a lot of things to you,

Speaker: to go a little bit more on it.

Speaker: You can also give content that you see on the internet.

Speaker: For example, I copy and paste a lot of things from ChatGPT and I say, yeah, I think that, this article, it does that.

Speaker: What's your view?

Speaker: I think that's what the research is.

Speaker: And I always ask you, in ChatGPT, you don't have to ask questions.

Speaker: You find that in finance, there are a lot of data where it's very complicated to get information.

Speaker: For example, if you tap on YouTube, you don't have anything.

Speaker: If you tap on the internet, you don't have anything.

Speaker: For example, if you say ChatGPT, you don't have things a little different.

Speaker: And you arrive to ask questions on ChatGPT with different terms.

Speaker: in the mode, put it in the face of a guy hyper scientific, give it a context, etc.

Speaker: It allows you to find different things that you don't find on the internet.

Speaker: On va revenir un petit peu en arrière.

Speaker: Sur ton LinkedIn, j'ai vu que tu avais une expérience où ton rôle, c'était « Advanced DeFi Strategy Hunter ».

Speaker: Ça m'a vraiment piqué.

Speaker: Je me suis dit, vas-y, comment est-ce que toi, tu utilises la data et des maths pour identifier une stratégie DeFi?

Speaker: En fait, toujours pareil par rapport à ça.

Speaker: Je te donne un exemple très simple.

Speaker: C'est que tu en parlais beaucoup d'un moment donné des robots sandwich sur la DeFi.

Speaker: Je ne sais pas si ça vous parle, les robots sandwich.

Speaker: En gros, c'est avant de faire un swap,

Speaker: In gros, there's someone who sees that you have a transaction in the blockchain Ethereum, who says, ah, Julien will buy 10 Ethereum at a price.

Speaker: Ok, I'll buy it before.

Speaker: Like that, I'll buy it cheaper and I'll buy it later, you know, in the pool.

Speaker: And hop, for example.

Speaker: That works pretty much on the very big orders who create a slipage, etc.

Speaker: In fact, it's already to understand

Speaker: In fact, a person explains it.

Speaker: Okay, is it true?

Speaker: So, is it possible to get rid of the blockchain, to recover all the orders, all the big swap, which are passed in the previous blocks?

Speaker: And is it possible to get rid of all the big swap, because you can see what happened before, in the pool, to tell you, okay, you see that there are big orders, it's true that there are people who will do things.

Speaker: Okay, is it possible to recover?

Speaker: And you can creuse it like that.

Speaker: In fact, it's always the same.

Speaker: The idea is that when you have an intuition in trading, you can see something that you can see.

Speaker: If it's true, someone is wrong, if it's true, someone has done a strategy that doesn't work, or h as had a chance, or something has worked.

Speaker: So the idea is, is this intuition valid?

Speaker: Once it's valid, it's how I can reproduce the experience, is it I can improve it, and is it that experience can be enough significant, important to every day for me to make money?

Speaker: Because if I have this experience, it can be 3 times per year and I only do 100$, well, 300$, is it worth it?

Speaker: So it's a whole process.

Speaker: But actually, being a quant, it's doing lean startup.

Speaker: You have a hypothesis, you have a hypothesis, and then you create a model to implement this hypothesis.

Speaker: I don't know the contrary.

Speaker: I often find a lot of people who are successful and I try to understand how they do, I'm always surprised at what they do.

Speaker: And it's a lot of people who are in the world.

Speaker: No, but in fact, it's fantastic.

Speaker: I was really looking at your image.

Speaker: I was looking at your tableau blanc, you put your formulas, you said, oh, but if it's not that, it's not that.

Speaker: And in fact, yes, it's the case, but it's funny.

Speaker: I was thinking, in fact, it's not a trader, it's a philosopher.

Speaker: It's a philosopher, because there's a little bit of that.

Speaker: But you see, with Merov, there is a big community side, you want to help people.

Speaker: You can make money, but there is also this side of the way to make them better traders.

Speaker: And so how do you balance someone who has never done trading and who says, I would like to say, I would like to try it, I would like to try it.

Speaker: What are your methods to help you become good?

Speaker: And you keep the last two for you to join Merov?

Speaker: You told me the three steps?

Speaker: Yeah, the few steps.

Speaker: I think that when people start, you don't have fear of taking the time to form and to understand that it will take a little bit of time.

Speaker: People want to pass the short cut and say okay, I'll go directly to the end.

Speaker: So in fact, you're a bit victim of your way of reasoning and you're going to be in a pit, you're going to see guys who won't help you.

Speaker: So, to have conscience that it takes a little bit of time, it's interesting that it takes a little bit of time, that it's a bit difficult, that it filters a lot of people at the entrance.

Speaker: And finally, the filter is relatively fast.

Speaker: So, what I say to people is not to have a lot of time to take a lot of time, to be able to build a plan.

Speaker: It's not to be all a fool, to say, okay, tomorrow I'm going to do dropshipping because I have a video, there's a guy who's becoming rich and he's going to do dropshipping.

Speaker: Then there's a guy who's going to say he's going to do a SaaS AI, he's going to h ave a lot of money, he's going to do a SaaS AI.

Speaker: No, it's to understand what's going on and what's going on,

Speaker: who are the ones who are not and who are not a little bit because there is a lot of marketing on the head and to tell you that you have to build a plan in what is interesting investment and trading is that globalement we live in a world with inflation with the price all at a moment donné everything is financialized around us you will be confronted with investment and trading you can say what they want you can't do to do trading you can't do trading you can't do trading you're obligated and if you don't do that you will be really a victim of the system and I see many friends they have done very great studies etc they don't invest in

Speaker: They put it on their own, etc.

Speaker: Okay, it's very good.

Speaker: But you're a victim of the system.

Speaker: You don't want to forget that there are people who are on a business, who pay their dividends, who have a growth every year.

Speaker: You know, it's a money.

Speaker: And that you don't have anything.

Speaker: It's true that if you don't want to take a little bit of time, I don't want to do anything for you.

Speaker: I talked with someone who was in the middle of the house and said, yeah, I'm afraid that it would take a few hours per week.

Speaker: You're not going to talk about it for a financial freedom or a financial freedom.

Speaker: You're not going to talk about it.

Speaker: It's also a question of risk reward.

Speaker: It's to understand that you don't have a risk reward.

Speaker: But it's what are these three hours you're going to put, what's your rate you're going to get?

Speaker: And I think there are a simple calculation that doesn't have value.

Speaker: It's how much you're going to pay for you.

Speaker: If you tell you that you're going to pay for the time, it's to say that you're going to pay for three hours.

Speaker: In fact, it's not a problem, you can do your thing, you can do the leverage.

Speaker: For example, in the mayor of clubs, there is a big part of the air drop.

Speaker: And people say, I want to do the air drop, it's a chiant, etc.

Speaker: Franchement, if you have to do 100 000 dollars in crypto, you need to do the air drop.

Speaker: You need to do the air drop, etc.

Speaker: You can do the air drop in a way intelligent way.

Speaker: It's to say, I don't do the air drop, but I do the way indirectly because I'm going to test the protocols, it's interesting, because I want to do the research, because I want to understand, because there are protocols that are cool.

Speaker: For example, there is the air drop Jupiter on Solana who arrives.

Speaker: Jupiter, the product is crazy, I've used to use the product, yes I can use the hair drop, so you have a chance.

Speaker: But it's always the same, you have a little bit of a rien without rien.

Speaker: What's true is that there's very few efforts to put in order to make the result be enormous.

Speaker: And then it's always the same, if people want to work their lives in a job that often doesn't play, you can't say you're not happy, you're a si, you're a si, you're a si, you're a a a.

Speaker: I'm going to build a plan.

Speaker: And your plan, you don't have to... Because we see a lot of things on internet, etc.

Speaker: You don't have to say, I don't want to become rich.

Speaker: No, you don't have to do your plan.

Speaker: I don't know.

Speaker: You gain time by month, you put time to side, it's not a problem.

Speaker: You do it again.

Speaker: Because one day, maybe you'll have more money.

Speaker: One day, maybe you'll have a positive positive income if you'll have a lot more money to invest, etc.

Speaker: But because you've done well the steps in front,

Speaker: When you're at this stage, it will be fine.

Speaker: We see people who are rich are relatively quickly, but they are not going to be able to do it.

Speaker: So it's what it is.

Speaker: Okay, it's going to have a plan to tell you how to do more money, how to do more money, how to do more money, but then there's also a plan to tell you, even if I'm young, I invest in taux, because there's this compound effect on the return that you can have, but also the compound effect is on the knowledge that you have.

Speaker: Chez Hermès, ils sont fiers d'être français, mais ils n'ont pas d'action Hermès.

Speaker: Alors que c'est listé en bourse, tu pourrais.

Speaker: Moi, je dirais que c'est plus ça.

Speaker: Désolé, c'était hyper lent, c'était pas très structuré.

Speaker: Non, mais alors, tu ne te rends même pas compte de la valeur que tu as là-dedans parce que tu vas au-delà des idées préconçues, tu vas au-delà de dire il faudrait faire ci, il faudrait faire ça.

Speaker: Là, quelqu'un qui écoute ça,

Speaker: he will realize how important it is to say about how our world is financialized.

Speaker: It's a clear evidence that I didn't realize it, I didn't have formulated it like that in my head, but in fact it's really clear.

Speaker: And how... You know, I was telling you, even at a moment, today, if you see on TV that the oil price will increase and you say, I'm going to fill two jerry cans, it's the trading that you do.

Speaker: When you go to Leclerc and you go to the reduction, it's the trading.

Speaker: You arbitre...

Speaker: Exactly.

Speaker: Because you are talking about trading in the most large possible way.

Speaker: Because someone who is a lambda who is talking about trading, he sees a curve with a price, and you say, what kind of strategy I'm going to use.

Speaker: But you have the impression that you see in the most global way of the term, where we are in a world

Speaker: economic and financials in which there are opportunities and if you try to get this opportunity to get an active in the hope of revending it later on the way that for you it consists of trading on the top of the way it is trading, of the investment etc.

Speaker: Yes, of course, of course, of course.

Speaker: In fact, people see the trading on the screen, I'm not sure that the trading is saying that I'm not necessarily trading, you know, the trading is saying that

Speaker: I feel it from the market, I'm waiting, you know, it's really, it's a chance to see the opportunities that there are on the market.

Speaker: For example, something super important in trading, it's your risk.

Speaker: So, how do you start to define things that present for you the best risk on the market and then

Speaker: you can do it.

Speaker: I'm not going to read the whole thing about trading, because I think it's a bit difficult to explain or to visualize people in video, but it's important to pass the time on the curves, to pass the time on the graphs, to compare the activities, to understand what's happening and to improve your strategy.

Speaker: in trying to get out of the scope of what you see on internet and on twitter because it's very limited and it's not complex to find solutions to problems in a different way.

Speaker: And what is it for you?

Speaker: How do you take your system?

Speaker: I imagine you have several, because you talk about actions, crypto, airdrop, airdrop, so I imagine that your system is complex, but

Speaker: What are the verticals?

Speaker: What I call it often is how you generate performance or alpha.

Speaker: I have a lot of ways.

Speaker: There is a lot on what I read, the press, the articles that we have, the newsletters that we pay, Twitter.

Speaker: There are many people who say something about it, I saw this, I saw this.

Speaker: And then, it's research, so you have new data,

Speaker: and you try to find out in these data to know if you can extract something that will bring you something to risk, on the strategies, etc.

Speaker: What's your last example in date of a research process?

Speaker: In a particular research that I have done in date, something I can explain?

Speaker: Or not.

Speaker: Okay, I'll give you an example.

Speaker: Because in fact, it's a bit of a big deal, it's what we call the leaks of the alpha.

Speaker: If it's a value, I don't want to give it a value.

Speaker: In fact, it's very difficult.

Speaker: We don't talk about it.

Speaker: I don't know, I don't know, I don't know.

Speaker: I don't know, I don't know, I don't know.

Speaker: I don't know, I don't know, I don't know.

Speaker: I don't know, I don't know, I don't know.

Speaker: I don't know, I don't know.

Speaker: I don't know, I don't know.

Speaker: I don't know, I don't know.

Speaker: I don't know, I don't know.

Speaker: you have to have a lot of tokens that will list or that will make airdrop.

Speaker: So, it's how to maximize everything we can do.

Speaker: You take all the protocols on Solana, you look at all those who don't have airdrop, and you have airdrop,

Speaker: and you take three wallets, you have three brothers, three wallets, you put one Solana on each and you make all the transactions, you attack in all the senses, it takes two hours and then you're eligible to a airdrop.

Speaker: So in fact, the two hours you've passed, your risk is really good because maybe you'll recover, I don't know, imagine you've got two hours of 1000 dollars, for simplifying, it's not that you've got 1000 dollars an hour.

Speaker: And I know very few people who have a taux of plus of 1000 dollars an hour in their journey.

Speaker: So, for example, it could be that.

Speaker: And then from the point of view trading, it's finding a new type of data, for example, the funding rate, so the funding in crypto.

Speaker: And then it's to understand how the funding of Binance, compared to Bybit, compared to OKEx, is it possible to say something about the next move on the market?

Speaker: Or have a probability of movement that it's going to happen or that it's going to happen?

Speaker: It's really interesting.

Speaker: Even me, I didn't see it as large.

Speaker: It seems like it was in the video you posted, you talked about Next Generation Quantitative Office.

Speaker: What does that mean for you?

Speaker: Why do we need a new generation?

Speaker: What do you want to do differently?

Speaker: In the coin, in fact, I'm all young in this industry, I have resources limitless, I work with people with resources limitless, so what we do is to our level.

Speaker: Imagine you have a fund that invests every year, every year, dozens of millions, even more just in research and development, you know, it's a crazy thing.

Speaker: I think that I would be curious to know, from my opinion, how to do the metric, how to do it in the middle of the year, in the research and development, in trading strategies or in finance, every year, and then you compare it to health.

Speaker: I think that would really be a cold in the dos.

Speaker: But in fact, it's pretty simple,

Speaker: I want to make my journey in my trading, what I can offer to people, what I do.

Speaker: Because at the end of the day, I think we have a lot of the same objective, which is to try to work less, to be free, to be able to travel more.

Speaker: But it is always the same.

Speaker: It is how we can work our money, how we can invest our money in the way the most intelligent possible.

Speaker: And how can we also profit from the markets?

Speaker: Because they are there, they move, people want to profit, so it's not the last to profit.

Speaker: And you see in France, it's a crazy thing, I think it's a disaster, but it's really a catastrophe.

Speaker: It's a disaster, it's a disaster because there's no education financial there, I think in the majority of our parents, they don't have any money, they have a little bit of the immobilier, I don't even talk about crypto, because when people say they're not a fan of crypto, they think that it's an arnaque or something you want, it's their belief, it's not a bad thing, it's not a bad thing that people think about it.

Speaker: But on the contrary, on the actions, it's a crazy thing.

Speaker: That's why our CAC 40 is not in as good health care, it's because there are no more investors who invest in the same, who give them more resources.

Speaker: And it's still at the end of the day, in all the investment, it's to get the most resources possible to have your chance to generate the most value.

Speaker: It's not that we have all our investors, they support us in a way more important.

Speaker: And we, how do we try to give them the best possible value for them to get the best risk in exposition, in joining the Mure of Club and in everything we do in this journey.

Speaker: That's cool.

Speaker: And you talked about why you have to pay for the money.

Speaker: Toi, you'll see how after, when you were given not only your 1,000 million members, but the 5,000 next to you.

Speaker: You would like to know what later?

Speaker: I have already a few ideas in the head.

Speaker: You're not?

Speaker: I don't know.

Speaker: I'm not sure.

Speaker: I'm not sure.

Speaker: But I think I'll do that a little bit more in my life because there's something that I'm passionate about.

Speaker: I'm not sure about that.

Speaker: I'm a real passion.

Speaker: After I'm trying to do a little bit more because it's true that there's a lot of work.

Speaker: It's quite intense.

Speaker: You know, we've reached a little bit of our limits, but I think I'm passionate about it, I think I'll do it for a long time.

Speaker: But then I'd like to start a little bit to finance, it's a bit bizarre to say finance, but I'd like to test some things in the research, in medical.

Speaker: So there's a lot of, there's Brian Johnson, for those who have followed with Blue Origin, who... No, it's Blue Print, Blue Origin, I'm sorry, I'm sorry, I'm sorry.

Speaker: who has done his thing.

Speaker: I think it's super cool.

Speaker: He's a thing where he wants to finance research for anti-aging.

Speaker: So how do you get to grow and you're a joony?

Speaker: So he tests everything on him, which is quite a bit funny.

Speaker: And he's a very interesting protocol that is very quantitative.

Speaker: Tell Brian Johnson and his protocol because I'm sure that many people who listen to know not necessarily.

Speaker: In fact, it's a American-American who said, how is it now I'm going to do something different from my life.

Speaker: I'm going to try to test several things with a scientific approach and quantitative approach.

Speaker: to try to maximize the resources that I can have, so I can spend money, to maximize the results that I can have from the research point of view and how to make myself a person, how to make myself a job and all that, and how to detect it and how to detect patterns.

Speaker: After, obviously, he has his genetics, there is a lot of experience in his experience, he is aware of it.

Speaker: But he has a very high-quality approach, so it's going to be, I don't know,

Speaker: example simple is when it is better to take these glucides in the day?

Speaker: How does the glucides impact the cortisol?

Speaker: How does it impact the other thing?

Speaker: How do we sleep?

Speaker: Because w hen he does, it is the light, it is the light, it is the night, what temperature, what degree of humidity, all these things are not.

Speaker: And in fact, it is how he, of all the things that we do in the day, boom!

Speaker: to a new level where everything will be adjusted, a little bit of a millimeter.

Speaker: In fact, it's a bit like the sci-fi movies, you see, in the mode, you know, the human enhanced, I don't know how to say it in French, but the human is improved.

Speaker: And so it's a bit like that, and he has the big prism, you know, anti-aging.

Speaker: And so, it's a thing that I would like to do, but I don't know that much because it's kind of hyper vast,

Speaker: I think it's the blueprint that I think is the most delirant.

Speaker: The protocol you're launching it?

Speaker: Yes, it's what he does throughout his day for the protocol.

Speaker: Ah yeah, he's a thing of crazy.

Speaker: But then there's what he does in research and what he does now, we're going to say in routine.

Speaker: And you take all the pills he takes, everything he eats, everything he eats, all the grams.

Speaker: And injections also.

Speaker: Yeah, yeah, yeah, injections of fat on the face, for having the peau.

Speaker: But then he's really in a delirium.

Speaker: It's a very, very, very delirious.

Speaker: I'm going to go to Instagram.

Speaker: So people say it's bad, so people are fans.

Speaker: I'm completely fan.

Speaker: I think it's a fool.

Speaker: But I'd like to do a little bit.

Speaker: I've already done a limited time, so I can't do all of it.

Speaker: But I've tested some of these things.

Speaker: And I have some of them that I do, but I'm rather than I do my own, of my own.

Speaker: What?

Speaker: After, it's a little personal.

Speaker: I don't know.

Speaker: I've already done a lot of advice.

Speaker: I have no idea what I have to say, it's not a financial advice, it's not a financial advice, all of us do it.

Speaker: And I have no idea what I have to say, I have no advice to do medical advice.

Speaker: I will do something and then people will try to do it and they will be blessed.

Speaker: If you listen to that, what is shared is purely from the personal opinion of our friend, that's my coin.

Speaker: But tell us, no one will engage your responsibility.

Speaker: For example, something I do now, but I'm going to say that I'm a crypto and that the market doesn't stop.

Speaker: It's in fact, you know, we talked about your regime a little circadian, like when is it going to sleep, when is it not going to sleep, and is it normal to sleep one straight, you know.

Speaker: And in fact, I tried to test it a little bit, because I'm a little forced, is it not possible to sleep six hours per day, you can sleep three times two hours, how to do it, because it's still a little better.

Speaker: But in fact, I think we're surestimate the amount of sleep that we need.

Speaker: Really, really, really.

Speaker: Because I do really very very few in the morning, for a lot of time.

Speaker: And in fact, if you just have just some things, I think that's really a lot of change.

Speaker: Like what?

Speaker: What's that?

Speaker: I think that people don't know what Netflix, YouTube, it fatigue a lot.

Speaker: Looking at content, it fatigue a lot.

Speaker: The phone, it fatigue a lot.

Speaker: when you consume, you're very passive in what you do, you scroll on TikTok like a zombie, I think that you're going to leave your energy, but it's inimaginable.

Speaker: And I think that if you're going to remove all of that, all of that you do is proactive, like you're on Twitter, or you're going to go over one hour to scroll, like that, I don't know how to do it, you're there, you're on Twitter, you're on the mecs, you retweet, you bookmark, you're on it, you discuss it, I think that stimulates your brain, but I think that, in fact, it gives you energy, I don't know how to explain the thing.

Speaker: There is a very simple thing in the quantic physics, where we put attention, where we put the conscience, we envoie energy.

Speaker: You know, this experience where you have to calculate, you know, they envoient a laser and if the laser is observed or not, it goes to different places.

Speaker: Ah, tu veux dire?

Speaker: Ça, c'est nous qui mettons notre conscience sur quelque chose.

Speaker: C'est exactement la même chose.

Speaker: Moi, je suis très porté, je suis allé assez loin dans le côté spiritualité, méditation, je médite énormément, des choses comme ça.

Speaker: Et il y a ces sujets de, quand tu mets ton attention quelque part, tu mets ton énergie.

Speaker: Donc là, si je mets mon attention dans ma main, je mets...

Speaker: I put energy, you feel it a little bit.

Speaker: It's exactly the same thing.

Speaker: When you're thinking about something, when you're scrolling on something, it's things to give you attention, you give you energy.

Speaker: So you transform into an energy.

Speaker: So yeah, it makes sense to you.

Speaker: It's fine, there's a lot of stuff around the food.

Speaker: I think we're going to estimate the genetic side of the food and how... When you listen to the media or what you're mainstream, you give a lot of advice.

Speaker: And I think it's really important to try to deconstruct and test what works on you.

Speaker: Because I think we all have different genetics.

Speaker: And so in fact, your rhythm of life is not the same, what you do not consume, it is not the same thing, you do not have the same thing, you are not completely dead after having eaten a thing.

Speaker: For example, I know that at the midday, I don't want to eat glucides or very very few because it is a mess, really it is a thing of crazy, I have no energy in the day after.

Speaker: But again, it is not a medical advice, but for example, fasting, I was really against fasting because I did not do it.

Speaker: when I was in France because I don't know, I had a thing of hypoglycemia bizarre, I didn't have energy and all.

Speaker: And then I tested a little differently, a little more square.

Speaker: And I really did a little dose because I'm not very convinced, I didn't have any of the things that were too bizarre.

Speaker: But, I tested a little and it was really bad.

Speaker: Comment?

Speaker: Intermittent du coup?

Speaker: Non pas tellement, en fait moi quand je dis fasting, c'est que moi avant je mangeais vraiment tout le temps, pourtant je suis assez sain, je mangeais vraiment tout le temps, ou je me posais pas de questions, et maintenant j'essayais un peu de me dire ok, parfois j'essayais de faire genre vraiment une détox pendant je sais pas, une journée je mange pas, ou vraiment que des trucs genre hyper, tu vois des fibres, low calories, moi je prends même pas de calories, je m'en fiche de ça, je fais pas de régime quoi.

Speaker: J'essaye de pas manger des glucides qui t'assomment, tu vois en mode tu manges des frites free, ou du poulet free, genre après t'es éclaté.

Speaker: So I have a thing like that.

Speaker: This thing of blueprint is a full-time job.

Speaker: And then I eat a lot of McDo, a lot of fast food and all that.

Speaker: You see who it is?

Speaker: Alex Baker?

Speaker: Alex Baker, yes.

Speaker: He me tue.

Speaker: And I have a lot of problems with that.

Speaker: I have a lot of problems because I really don't think that the solution... We're not a robot.

Speaker: We are not done to be optimized like machines.

Speaker: I think there should be a good combination of the two.

Speaker: If you sometimes don't want to wake up at 14am, you want to wake up at 9am, you want to not do sports and you have to be able to rest.

Speaker: We have a cycle.

Speaker: Women are a little more clear because they have the rules so they are physically.

Speaker: We are a little bit complicated but it's a little bit the same thing.

Speaker: But the thing is that people have not

Speaker: I said, man, it's the hell of your day.

Speaker: I have the feeling that it takes a max energy.

Speaker: I said, but it's not sense.

Speaker: That you do it in a sense.

Speaker: I think it's not bad for the young people.

Speaker: In the world in which we live, you can easily let go.

Speaker: I think it's not bad to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say, to say,

Speaker: or you can test something and see how it happens.

Speaker: For example, you've never tested to sleep hyper fast.

Speaker: You can sleep hyper fast because you're not in crypto and you don't trade.

Speaker: Why don't you sleep hyper fast for 1 week or 2 weeks because the sleep is better to adapt.

Speaker: And maybe you'll realize that when you sleep before 9h, you have 3-4 hours before midnight or I don't know what, you have to sleep 10h and you have to sleep 6h.

Speaker: I have a friend who said, I don't know how to sleep before 9h and he does 9h per night.

Speaker: and I say maybe it's a little bit of a loss, he's a little bit of a sleeper and boom, he's got two hours.

Speaker: So I think there are things like that really are estimated.

Speaker: And you have to do tests.

Speaker: It's exactly that, in fact, you have to test things.

Speaker: In fact, quantitatively.

Speaker: Exactly, exactly.

Speaker: Do you have already used a Whoop or something like that?

Speaker: What?

Speaker: Whoop.

Speaker: Ah, no, I have a notion where I test my stuff and I try to improve my protocol on some things that I test.

Speaker: But it's really difficult.

Speaker: In fact, I think that's why I'm going to adore this sector, because I think it's even more complex than trading.

Speaker: Because I think you have even more variables.

Speaker: Ah, but yes, they are infinite, the variables.

Speaker: You have even more variables, you have even more, I don't know, I don't know, it's even more complex.

Speaker: So in fact, I'm saying, maybe it's not the next thing we'll solve.

Speaker: C'est une bonne idée de se faire la main sur un truc comme la finance.

Speaker: Et le truc que je t'ai envoyé, c'est un truc que j'utilisais à l'époque.

Speaker: Bracelet qui t'aide à traquer un petit peu comment tu te sens.

Speaker: Moi, je voulais acheter la Oura Ring.

Speaker: J'ai plein de copains qui ont ça ici.

Speaker: Mais si je commence à prendre ça, moi, le problème, c'est que le sommeil, moi, c'est une catastrophe.

Speaker: C'est une catastrophe de chez catastrophes.

Speaker: After, if you have energy, you will not be at 100% because you will not prioritize your sleep, but if you are at 70%, I don't know how URA works, but it's like that, you have your recovery.

Speaker: If you are at 70% recovery and that it will go, I know that, for example,

Speaker: I like to be in my performance zone between 85% and 100%.

Speaker: I don't want to be in-dessous.

Speaker: And so, when I pass in-dessous, I prioritize everything else.

Speaker: But there are people who work super well between 65% and 80% and it's all over.

Speaker: And each one's thing.

Speaker: But frankly, it's a good... Yeah, whoop, hurrah, the two, it's a good tool.

Speaker: And what you said, it made me think of this phrase...

Speaker: tough times create tough men, tough men create easy times, easy times create soft men.

Speaker: Et nous, on est clairement dans ce truc où on... Bon, alors, les temps durs créent des hommes qui sont costauds, qui sont forts.

Speaker: Les hommes forts créent des temps faciles.

Speaker: Qui sont faciles.

Speaker: Et les temps faciles créent des hommes qui sont faibles.

Speaker: Et nous, on est clairement dans ce truc-là des hommes faibles.

Speaker: On sort des temps faciles, on a des hommes faibles.

Speaker: and you have Amazon so everything you can command you can easily find you Tinder so you can find men and women easily everything is made for our life so that it doesn't continue like that always and I think to do what you say to challenge yourself to get into a little bit for

Speaker: and to become a little tougher, to have a little more discipline, it's hard to do.

Speaker: After the life, I'm sure, the life is easy, but the competition is maybe more intense.

Speaker: It's intense, we won't go on.

Speaker: And then in fact, the life is easier, but we see a lot more things also.

Speaker: And it motivates you to say, I want to have that too, I want to do that, to have more experience.

Speaker: I think that it motivates you, but I know there are a lot of people

Speaker: And it motivates me also clearly, you see it's a thing that we share, but I think there are a lot of people who physically are easy, you see, our primary needs are so covered that you can have a job quite easy if you're in France or in Europe.

Speaker: you eat, you will find a partner and you are quiet.

Speaker: After, how can these easy times create difficult times very quickly?

Speaker: Because in France, I think there is a little bit of a Robinet Magic in France or in Europe, but I think that the easy times are still less and less, inflation is passing by there.

Speaker: I think that life is more easy now because we have tools technology that simplify a lot of things but maybe that generation of our parents and our grandparents, the life is even more kicking because you were there, you had the inflation, it doesn't matter, the people do not work well, they have a lot of work at the end of the month, it's really difficult.

Speaker: So, is it not just in the phase where people are a little weak and it's a little in the time and it's in a little in the time and it's in a little in the time and it's in a little in the time and it's in a little in the time, it's in a little in the time, I don't know.

Speaker: You saw, you saw the report of Red Alio?

Speaker: I mean, on his thing about his cycles, etc.

Speaker: I don't know how it's called.

Speaker: I don't know how it's called.

Speaker: I don't know how it's called.

Speaker: I don't know how it's called.

Speaker: I don't know how it's called.

Speaker: I don't know how it's called.

Speaker: I just know that he's called an enormous crisis, not only financial, but more general, and I think everyone's going to say that it's going to be...

Speaker: I have a different opinion.

Speaker: I'm a permable person.

Speaker: I think that the resilience of the human being is infinite, that the human being will always be able to have a new way to find out problems, but I think that we will always find solutions.

Speaker: I think it's going to be very important with the permabers, especially our... In fact, I think that the marketing has a very good vibe, well, we'll say the permabers, because it's easy to get into the FUD, you know, I'm much more in the FOMO than the FUD, to get into the FUD, it's easy to get into the FUD, because at the end of the FUD, when you FUD everything, your E-V, your risk reward is very good.

Speaker: You're wrong, but if you're right, boom, jackpot.

Speaker: When you're positive, you're a gain, but sometimes you lose a lot, and people say, you're a lot of gain, and people say, you're totally wrong, but it's not a problem.

Speaker: So, by the way, we have a podcast in English, which is the first episode of the first episode soon.

Speaker: But, by the way, I think it's super possible because I have the impression that this thing of permabare... It was five years ago, when I was at school, they said that the bricks are going to be a new order order, the Chinese and American are finished, it was 10 years ago, it was finished, it was finished, we were going to eat McDonald's and speak English, we were going to talk to everything about the Chinese,

Speaker: You see, the Chinese are in a complete panache with their economy, the growth, it doesn't go on the immobilier, it was a huge ponzi.

Speaker: And finally, the Americans have a lot of pressure and they are still resilient because I think they have a lot of things that make that from a point of view micro and macro, they are super resilient.

Speaker: But I think we'll just...

Speaker: people invent themselves, it goes very quickly.

Speaker: I'm pretty convinced that the resilience of the human being is always finding solutions to problems.

Speaker: In fact, I advise you to take an experience, you take a calepin and you think when you're at college or at high school what the teachers said or what they said about what happened.

Speaker: Like, in 2030, there's no oil.

Speaker: We said that 2020 will start to have a crisis of food, there will be no longer food in the world.

Speaker: I don't say that there will be no problem in the world, but even in Europe, we will not be able to eat.

Speaker: You know, there are 50 of us, we started to say, yeah, there's an eau potable.

Speaker: In 2030, there's no eau potable everywhere.

Speaker: And finally, we found solutions.

Speaker: In fact, it's always the same.

Speaker: Okay, well, tomorrow, there's no eau potable.

Speaker: It's complicated.

Speaker: In fact, it means that the eau will be able to increase in price.

Speaker: Is it the fact that the eau is free for everyone, that it's free for everyone, it's normal?

Speaker: It's not a right to have an eau gratuite and quality.

Speaker: And then, it's a good thing to say that the eau becomes a commodity.

Speaker: So it's a value.

Speaker: If it's a value, it means that when people die because the eau is disgusting or because of all the pollution they have, people are dying to pay more money for not to go to their health.

Speaker: And so they will finance things.

Speaker: There are some projects that will have to be viability.

Speaker: and they will be able to say okay, we're going to do this, this, this, and the research that they put in place and that they finance.

Speaker: The idea, by the way, where I'm with you, is that the problem is that the human being tends to react a little bit too late.

Speaker: So if we can, it's something for limiting, let's say, the case we can't have, but I'm pretty positive there.

Speaker: And then I think we'll have a lot of discovery of the thing, you know, on the fusion, on the fission.

Speaker: Exactly, it's what I was going to say.

Speaker: I think that

Speaker: There was a moment where I had a grand-mère who was very oriented, very bio, very oriented.

Speaker: Really, it was absolutely recycled.

Speaker: My mother was absolutely the same.

Speaker: And in fact, now I'm aware that my impact, at the level of individual, is zero.

Speaker: And in addition to that, I think the only thing we need is to be an energy source.

Speaker: And I'm sure that the source of energy quantum energy arrives in the years.

Speaker: So I'm a very...

Speaker: on the fact that there are many things that don't go and more.

Speaker: France is a good example because you see the social classes that were not touched and that they were not touched and that they were not touched.

Speaker: And now there are more and more people who are going to manifest themselves.

Speaker: In the health sector, they were not touched.

Speaker: In other sectors, they were higher.

Speaker: There are no more Gilets Jaunes.

Speaker: And so it starts to be shit, we start to see it, but I think it will also make good things.

Speaker: And that's why the decentralization is there.

Speaker: It's just to allow us to make sure your economic and financial system, let's do our stuff that we are not going to do.

Speaker: There was one of the things you talked about in your video, which was... In fact, one of the things that I don't understand

Speaker: or what I have to imagine is how to make the balance of your portfolio.

Speaker: To you said, sometimes I'm on the or, sometimes I'm on the bitcoin.

Speaker: How do you, from your side, we'll talk personally if you do it, you do it for observing and to know, there I'm going to pass, there I'm going to pass, there I'm going to pass, there I'm going to pass, there I'm going to pass, there I'm going to pass, there I'm going to pass, there I'm going to pass, there I'm going to pass, or else.

Speaker: Do you want to say more on the crypto market or on the global market?

Speaker: global.

Speaker: In fact, to explain it simply, it's a good question.

Speaker: I would say that it's also why you want to be diversified, it's there a moment where a class active has a better risk risk, and it's easier to have an exposure to this class active.

Speaker: So once you have that in mind, it's to say how to do it.

Speaker: In fact, it's okay, we have that in mind.

Speaker: A class of active, you are more interested in Bitcoin, which is more interesting than the Bitcoin in the bullrun.

Speaker: And then, it's to ask how to pass from one class of active to another, to take advantage of these changes and have the risk of the change.

Speaker: The problem in crypto is that people focus too much on the risk and not enough on the risk.

Speaker: And so finally, for example, I'll give you an example of an investment, imagine an investor who achet a bitcoin, who does their DCA on bitcoin, and after three years they have done x2.

Speaker: Because in fact, we have access to an asset quite large, we have a lot of investors, we have a lot of investors, from people who are in RSA to people who have eight more chiffres in crypto.

Speaker: So we have a very large panel, and we see a very important quantity.

Speaker: And so in fact, we have patterns, we know how it performs, what people do, etc.

Speaker: And so, the people are often suresticing certain strategies in the performance.

Speaker: And so we see people who do a hurdle or a dessert for 2-3 years and who sort and who do a hurdle.

Speaker: But all this time you're exposed, you have a mental charge which is huge.

Speaker: And in fact, that's why your investment from a point of view of risk is not so good.

Speaker: So that if someone who will say, okay, I'm going to go into crypto, I'm going to take that 30% but I'm exposed to 3 months, you're exposed to 3 months, you have a small charge mental, and then you're out, you're dynamic.

Speaker: And so that's interesting.

Speaker: It's not to say, I'm going to go to this market and you're going to fight against the event.

Speaker: Or what you can do is build in crypto, but you tell me that on your investments you're not bad, you're not bad, you're not bad, etc.

Speaker: I'm a lot of doing this, I'm a bad guy, I'm a bad guy, I'm a bad guy, I'm a bad guy, I'm a bad guy, I'm a bad guy, I'm a bad guy, I'm a bad guy, I'm a bad guy, I'm a bad guy, I'm a bad guy, I'm a bad guy, I'm a bad guy, I'm a bad guy, I'm a bad guy.

Speaker: But it's not simple, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it's not bad, it

Speaker: I think it's not to be greedy.

Speaker: In fact, if you think about the market, the fact that the market is not the grid, not the FUD and the FOMO, it's purely a risk.

Speaker: It's to say, okay, is that from a point of view, it makes sense?

Speaker: You think, you build your plan, and then you execute it.

Speaker: But then again, it's really just a financial vision.

Speaker: If there are people who love to have an exposition in Bitcoin, they don't know why, but because they have said that, ok.

Speaker: But then it's not to say, ok, I've got to look at the performance that I've done or compare it to a performance or a risk.

Speaker: Because it's not that you're looking for it.

Speaker: For example, we have clients who are there, they don't know the crypto, they say, I don't know the crypto, but I want to have the crypto.

Speaker: What can we do?

Speaker: What can we do?

Speaker: They don't have a goal of gaining dollars.

Speaker: They just want to take an exposition on this sector.

Speaker: And you see, in avant-girgant, I don't know if that makes sense.

Speaker: Yeah, yes, yes, yes, yes.

Speaker: Why didn't you not be here seven years ago when I was here to tell you all this?

Speaker: You talked about investment process.

Speaker: And clearly, it's something that the majority of people don't know about it.

Speaker: It's funny, it's the first cycle where I'm really going to ask this question.

Speaker: I have some entry and some sorties with an indicator that I'm a little bit of barème.

Speaker: You put your money and you put your money in your money.

Speaker: What do you do after?

Speaker: How do you do it?

Speaker: Do you have two or three rules of gold that would be applicable to any profile of risk investors?

Speaker: I have plenty but I will not share it.

Speaker: Okay.

Speaker: Yes, you will share it in my ROV.

Speaker: Yes, it's the but.

Speaker: All sign up.

Speaker: It's a very good question.

Speaker: It's a question that people ask.

Speaker: We'll pass on we'll pass on the part of the interview rapid fire I have a few questions I balance and you respond in a few words if you could buy an NFT that you can buy for the rest of your life what would you say a collection or an NFT?

Speaker: No one collection yeah yeah okay it's the first one who didn't say crypto punk or a fidenza a fidenza it's a good

Speaker: But it's cheap.

Speaker: Yeah, it's clear.

Speaker: If you could only take one crypto for the rest of your life.

Speaker: USDC.

Speaker: We'll go back to the next one.

Speaker: Or, Pax Gold.

Speaker: Pax Gold?

Speaker: What's the one?

Speaker: I don't know.

Speaker: I'd search for that.

Speaker: I'd go to see.

Speaker: And not the concern of the investment.

Speaker: I'd go to the point.

Speaker: Not the concern of the investment.

Speaker: I'd go to the point because it's not the concern of the investment.

Speaker: But there, it's for you.

Speaker: It's for you, personally.

Speaker: If you're shorting a crypto to infinity, which would be?

Speaker: I should say at the beginning of the rapid fire, all the answers to these questions are only entertainment.

Speaker: So if you would short a crypto to infinity, what would you say?

Speaker: XRP.

Speaker: Nice, good.

Speaker: Do you have three people with which it's a vibe the most, it's a match the most in the ecosystem in this moment?

Speaker: That I know?

Speaker: Yeah, or not.

Speaker: I would say that I don't know, CZ and I would say the two founders of Solana.

Speaker: Okay.

Speaker: You followed the meme coin Miro or not?

Speaker: No.

Speaker: It's my first exposure to Solana.

Speaker: Okay.

Speaker: Really, in crypto, there is a level of FOMO which is extremely important.

Speaker: There is a number of almost infinities.

Speaker: How do you think...

Speaker: How does a lambda learn how to diversify your opportunities?

Speaker: How do you choose your opportunities?

Speaker: How do you not get it?

Speaker: I think it depends on your life.

Speaker: Okay.

Speaker: And do you want to elaborate a little bit more?

Speaker: I think it was rapid fire.

Speaker: No, it's not.

Speaker: Okay, it's not.

Speaker: What I would say about that is that

Speaker: It's a good question, it's that often people confond diversification and I do a little bit of everything but nothing, or diversification and everything that happens, I invest in it.

Speaker: So I think the decision is to have a filter and to understand what type of investment you are and what your patrimoines are.

Speaker: Because when your patrimoines are different, you make different choices.

Speaker: But what I would say is that you should be able to reflect a lot like if you had a big patrimoines.

Speaker: in the head, for not to tell you that it's gambling, we see people who have not very high patrimoine and again, it's relative to everyone, for people, for 10,000 dollars, it's a lot of money, for others, it's nothing, so it's not to understand what you're saying about it, but it's not to think about gambling, to say, yeah, it's what, this project, I feel good, I put 1000 ball, I lose it, it's not that, yes, it's good to say that, because we invest, that's what we're going to do, but it's not to say, okay, it's to have a process,

Speaker: Why did I invest in this company?

Speaker: What does it mean?

Speaker: What does it mean?

Speaker: What does it mean?

Speaker: What does it mean?

Speaker: Because I think the big problem in crypto is the theoretical theory.

Speaker: It's like people who have a reason but not for the good reasons.

Speaker: It's very dangerous.

Speaker: We have people who think they're right because they've done a good job once in their lives, often by chance, and then it's complicated for them.

Speaker: And the idea is how you can systematically beat the market.

Speaker: You can't let chance, we don't let chance.

Speaker: We don't let chance, we let chance.

Speaker: And if we have chance in other ways, we can't do it.

Speaker: For those who listen, if you have something to retenir from all these conversations, it's so important.

Speaker: There are so many people who make a lot of shit projects, their goal is to manipulate our psychology.

Speaker: And so, you need to be a maître.

Speaker: And then, what I say is that, I take an example of people who make fraud.

Speaker: Why are the frauds so well?

Speaker: Because as the person knows that they are doing a fraud, everything is done for a fraud.

Speaker: So they will put everything in place, all the stuff, etc.

Speaker: So they are doing a project and are super honest, there are plenty of things they will do that they will not be done.

Speaker: Because in fact, the person doesn't realize that it can be a red flag, but for him he doesn't care because he says, in fact, I'm going to do the thing, etc.

Speaker: And in fact, it's a bit wrong in the marketing.

Speaker: It's to try to have a filter on the marketing, to try to see a little more on the marketing,

Speaker: that what is said, to really make research, to measure what's happening, and to always be able to keep the for and the for and the for, and to keep this critical, as you mentioned, for not to be pieds and pants liés in the projects, etc.

Speaker: And then, I'm not against the FOMO, you know.

Speaker: It's not to be afraid of saying that the risk is interesting to take a risk at a moment on an ecosystem.

Speaker: I want to take a risk, but I do it in a certain way.

Speaker: If you have a board ape, you don't want to minter the shitcoin with your board ape on your Metamask because there are a chance that you get a risk.

Speaker: So you take a new Metamask to make sure you're doing something.

Speaker: And in fact, when I'm going to pose, imagine you have a board ape on your Metamask and there's a protocol DeFi that comes to be lancé.

Speaker: So, what is your risk of going to minter?

Speaker: Imagine you don't have a ledger, etc.

Speaker: You can do something, an interaction.

Speaker: At least I lose my board type, and at least I invest in my 200$ which will turn 10 000$.

Speaker: That's always less than my board type.

Speaker: So in fact, it doesn't make sense.

Speaker: I'm saying that because I have a friend in a long time, it's going to be like...

Speaker: But then it's more because he has a FOMO on a thing.

Speaker: But it's like that, you have to be the most... You have to be the idea.

Speaker: Yeah, exactly.

Speaker: And it's true that the FOMO is not always bad because sometimes, as you said, my little kiff in this moment is the meme coins.

Speaker: it's a pump it's a little bit and I think it's cool to be able to get there but with a part of my bankroll which is very dérishable compared to my network total which is something that it's a thing that it's a lot of people who, mine of nothing they have 150 balles in their active and they will put everything in a thing in saying

Speaker: but there is also this thing of why not to follow a FOMO because if you risk 2% of your capital or 1% of your capital on a trade but you have a risk reward ratio of 10, 15, 20, 30 why not to go there

Speaker: Yeah, it's funny what I said, because I had a tweet on a shitcoin, I had a tweet on a shitcoin, I didn't know, but I had a friend who said, what's this story, and I said, I said, I said, I'm going to find out on the market, there at the instant T, a thing that's a lower risk.

Speaker: It's not on the market.

Speaker: I don't know, I don't know, I don't know.

Speaker: I don't know, I don't know.

Speaker: I don't know, I don't know.

Speaker: I don't know, I don't know.

Speaker: I don't know, I don't know, I don't know.

Speaker: I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, I don't know, because they've heard a thing that's because they've heard a thing that's three months after they've said that.

Speaker: No, but it was on the blockchain?

Speaker: Yeah, it was on the blockchain.

Speaker: Okay.

Speaker: But I say that because I'm even more afraid of everything I say and all that because I say things on Twitter and people who send me messages and the worst thing I'm talking about is that I'm calling all in, I've done so much, next thing you call I'm calling all in.

Speaker: Oh my God!

Speaker: Ah, ce niveau de responsabilité!

Speaker: Non, tu as raison de faire attention à ce que tu dis et tu as raison de le dire comme ça.

Speaker: Et justement, c'est pour ça que je t'apprécie, c'est parce que tu... Tu as un peu une grande gueule, tu dis les choses et tu parles de ce que tu fais, tu parles de toi et tu as confiance et c'est trop cool parce que de l'autre côté, on sent que tu es réglo, on sent que tu es droit dans tes baskets, on sent que tu...

Speaker: you have really at heart the good-being of the people who are listening and listening to the content that you are really important in that you are allowing to use content strategies that are a little bit more mainstream than the majority of the people who are in the sector of the financial sector but that at the same level of due diligence and attention to the people who are listening to it it's

Speaker: for me it's one of the most green flags in terms of you and in terms of Merov and again once I do that plug Merov since the beginning of the thing because it's your project because I have access to you so I see what's going on it's not financial advice I don't say to you but who has integrated a community of investment francophone autant that it is with people who

Speaker: They're not there for their own, and they need to be really careful with the people who compose it.

Speaker: I think you've really done it.

Speaker: You've done it really well.

Speaker: And it's why, of course, we're not the kings of marketing.

Speaker: We're not marketers.

Speaker: We don't know how to do that.

Speaker: optimal, but that's also for people to do their research, to do their own, to really, to avoid it.

Speaker: Because in crypto, it's also something that you can't forget and that's what we're doing, and that's what we're doing.

Speaker: It's a lot that it costs very much to not listen to the good people.

Speaker: It's not for citing or not to criticize some YouTubers or I don't know what, but I remember the last time I was a friend who was a member of the club who was envoying a video and he said, you saw this video, it looked incredible, you saw this coin, it looked incredible, but we saw the thing.

Speaker: 99% chance, the YouTuber is sponsored, the project is really not good.

Speaker: And if you listen to this guy, it's really a requin.

Speaker: And that people are not there for your good health and your good health mental health, your good health health, so you have to be careful.

Speaker: and well do things, well do things, well do things, and then it will end up paying.

Speaker: But what's the most interesting thing is that those who do things well in the crypto are very very well recompensable.

Speaker: It's good to listen, well do things, well do things, and then you'll be able to do it.

Speaker: You just need to be patient.

Speaker: You need to be patient and you need to be careful.

Speaker: As you said earlier, I found out a book called Skin in the Game, which is the last book of Taleb, and one of the things he says is

Speaker: when someone talks about something, you can see the incentive that this person has to talk about this thing.

Speaker: And just to look at the networks, how much the person in front of you is animating by the incentive to give you a real value or to give you a real value?

Speaker: And frankly,

Speaker: There are many content creators where you spend 5 minutes on their chain and you see that what they are doing is to sell attention to the advertisers.

Speaker: But if you had to do the certificate necessary for entering the crypto, there would be this component

Speaker: Yeah, it's a critical point to all the information that you consume when you consume.

Speaker: Yeah, no, no, no,

Speaker: It's not gratuite, but it's not that people live, it's not that they're a business model.

Speaker: So if you don't pay anything, there's a reason.

Speaker: The guys will shield all the projects because they're paid on it.

Speaker: The projects that pay a very often, they're not the best.

Speaker: You can't even say, there are all projects that I know that they pay a lot of ads.

Speaker: If I was a leader, I'd be curious to test you.

Speaker: on wreck les projets avec le budget ads qu'ils font sur Twitter, des personnes produits etc et après on regarde la différence ça serait une belle expérience mais ouais c'est ce qu'on dit souvent aux gens il faut comprendre que ça a un coût de se former, ça a un coût de faire plein de choses et que voilà quoi ouais c'est clair

Speaker: What do you have against the DCA and the Harlow?

Speaker: Well, in fact, what I would like to say is that it's not a strategy that's a game.

Speaker: In fact, on the paper, it's a strategy really optimal but complete.

Speaker: And it's the principle that really it's necessary to be able to get the active relatively high enough for that.

Speaker: All the people who have done DCA, I don't know, on the Shanghai Index, it's 20 years that they have the money that is a stable coin.

Speaker: So it's a very big problem.

Speaker: And in addition to that, we see in the club, no one has no idea who does it do it in the good way.

Speaker: Because it's always the same, you're in the FUD, you're in the FOMO, you really need to do it.

Speaker: Because at a moment, you're in the FUD, you're in the FOMO, you're going to have a big amount of drawdown, because to make a DSA, it's going to be able to say that at a moment, you're going to be down 70%, you know, you're going to have a panic, you're going to have a big amount of crypto with Luna, which will really put you in question.

Speaker: And we see, all of the people who are going to do DSA or who are going to do this investment in crypto, they're people who have very big amount in crypto.

Speaker: Because they can say, okay, I have 5 million in crypto, I have a million that I do a little more on the long term, or I try to time a little bit the market, and then, you know.

Speaker: But it's reserved to very few people.

Speaker: And that, finally, you know, you're a little bit of a rien.

Speaker: It's a little like saying, why are you against people who leave their money on their library?

Speaker: because your livre-in you are not going to give up 1% I don't know how many times, 2%, that inflation is going to 5% and that it's not that that will change something.

Speaker: So let's go on your account bank account and it would be the same.

Speaker: It's that the thing.

Speaker: It's to say that there are people who try to get there, to be a little active, to do a little stuff and that in plus you are always the same.

Speaker: It's the models who have the peau dure.

Speaker: It's to say that people talk about the Bitcoin and Ethereum in the last years but people who have done a DCA

Speaker: You know, I don't know, XRP the three years, LTC the three years, because we're not all in 2015, we're in crypto.

Speaker: There are very few people who are in 2015.

Speaker: So, a person who is in 2019, well, 2020, who has done this on the three years, and I think that his price is going to be at, okay, I think, at the 40,000 dollars, imagine.

Speaker: The BTC goes to 80k, imagine that this person is selling in all 80k dollars, this person is doing x2, that's incredible, but for what suffering, what transpiration, etc.

Speaker: It's also that it's really important and it's not to be neglected.

Speaker: In which case would you do you do DCA?

Speaker: In which case would you do DCA?

Speaker: I don't do that anymore.

Speaker: In that case, is it a bit more okay to do that when you don't have your skills?

Speaker: In fact, if I have a friend who tells me, I want to do DCA because every month I earn money and every month I earn money.

Speaker: Okay, very good, but you can't have... In fact, very often, you don't have a problem, but people often have expectations, they have an expectation.

Speaker: of the crypto market.

Speaker: If you have a lot of expectations on the crypto market, but you do not want to do the drop, you do not want to give value from a point of view, you do not want to do projects, research, take risk, invest in projects that are young, etc.

Speaker: In crypto, the crypto market will be a lot of people who take risks, who are a risk taker.

Speaker: That's completely crazy.

Speaker: The whole world is a rich stock.

Speaker: People who are in the business and are in billions of dollars companies in five years imagine.

Speaker: One person has created more than one billion dollars in five years.

Speaker: It's completely crazy.

Speaker: So the world is a rich stock.

Speaker: So it's to you to tell you what risk I take.

Speaker: Because we have plenty of members who say yes I do my DCA.

Speaker: What is your goal?

Speaker: It's to end up with crypto.

Speaker: But with the UDCA it's complicated.

Speaker: But there are things more intelligent to do.

Speaker: It's to say, are you going to time the market?

Speaker: And in addition to the problem with the UDCA, it's that people don't have to accumulate.

Speaker: So you talk about the UDCA on the PTC, but we have the number of people who come to the club and say, I'm going to say, I'm going to say, I'm going to say, since 2018.

Speaker: And I'm going to say, how much is it?

Speaker: I'm going to say, I'm going to say,

Speaker: I don't know what I'm saying to CRP, it's just an example because I'm going to be able to make it up and insult me.

Speaker: But in addition to DCA, you don't have any point of exit.

Speaker: So you're where?

Speaker: You're where?

Speaker: You're where?

Speaker: You're where you're at.

Speaker: So you're at the top, you're at the DCA, you're at the DCA, you're at the base, you're at the thing, you're at the chameau.

Speaker: And if a day, the BTC is missing, you're at all.

Speaker: So you've spent 50 years on DCA, the BTC is missing, boom, you're at all.

Speaker: It's a bit weird like a strategy.

Speaker: And then again, you have all the YouTubers who are talking about my strategy DCA, where they started to DCA at the bottom.

Speaker: And then... Oh, the guys, it's really... In fact, I've been doing it because they've started to pay for every video.

Speaker: People talk about internet, they say a lot of things, but we see it.

Speaker: We see hundreds of investors.

Speaker: We see hundreds of investors pass.

Speaker: And even people who have 8% of the chiffres are not necessarily sophisticated.

Speaker: But we see them pass, we ask them what they did before, what they did now, what they can do after, etc.

Speaker: for improving.

Speaker: And so we see the results.

Speaker: For example, if we have an investor in the club, it's been since 2014 that he was in crypto.

Speaker: It would have been so much for having done the dessert.

Speaker: But so much, so much.

Speaker: It's so much, it's a crazy thing.

Speaker: Because since 2014, the DCA... Yeah, almost.

Speaker: I've said the previous one, he said, no, I'm not well out.

Speaker: So after he's out 40,000 times, because he had enough money.

Speaker: Because it's always the same, people make the DCA, they're bad grossing, and they're always the money.

Speaker: You have always the money when it's the most low market, because recession, because the market is low, it's because there's a good reason.

Speaker: So you can buy your crypto to the most low.

Speaker: It's that's the reality.

Speaker: And people can say, no, we're watching, we're watching a centaine of investors, we're watching.

Speaker: You see, I have a friend who sold the BTC very low because he had enough money, because he had a credit immobilier that he could pay, he had a credit card and he sold his Bitcoin under 30,000 dollars.

Speaker: And so it's interesting to say, we've passed the most big market, we've passed the most in stablecoin, we've been diversified from the right to the left, why not go a little bit on other markets, etc.

Speaker: And then I'll be back in crypto.

Speaker: And then if you think you're in crypto for a long term, you want to really take a look at BTC, it's at 40k dollars,

Speaker: you look at the analysis, etc.

Speaker: next cycle, I don't know, we don't know how to finance it, but imagine that it's still x3.

Speaker: Okay, but the BTC is x3.

Speaker: How many of you will be able to capture this x3?

Speaker: If you're 1,5% and you're 50% of the perth, the people want to become rich in crypto.

Speaker: It's a promise that you don't want to go out.

Speaker: So I'd say why not invest in startups crypto, to do a little bit of stuff.

Speaker: What's that is very true, I think, is that there are a lot of people who pretend that crypto is the financial freedom without talking about this reality that for that it is not just...

Speaker: What I say more and more about my project, I'm going to launch a decentralized project.

Speaker: It's just the right entry.

Speaker: It's the right entry that allows you to participate more and to find real opportunities.

Speaker: That's what you seem to say.

Speaker: It's too important what you say.

Speaker: I hope you listen well.

Speaker: Before we go...

Speaker: There are very good advice for how to manage financially.

Speaker: I can tell you, before moving on a bit longer term, why are you so much fan of CloneX and Artifact?

Speaker: In real, I did a few days ago, it was super simple, I could respond to one phrase.

Speaker: It's just too much.

Speaker: Find something where you have an application crypto, where I have a mint for the shoes.

Speaker: It's cool, you have your MetaMask, you forge, you get your real life.

Speaker: It's good, you know, there's a lot of stuff.

Speaker: It's also cool to have a thing in the real life.

Speaker: For me, typically, the Metaverse, I don't understand the delirium.

Speaker: You know, I got a little bit of a skeptic and dubitatif.

Speaker: Because it's cool, in fact, the Metaverse is cool, but to say, I'm going to buy a pair of shoes at 300$ for the Metaverse,

Speaker: Wow, that's a very good point of view, but I think it's just cool.

Speaker: I think that all the merch is super cool.

Speaker: And in fact, it's a pleasure to see a project deliver really things and that's what I mean.

Speaker: Clonex is so good at the ecosystem, you can see all the people who are trying to talk about crypto, from a cool side, and not only investment, bitcoin, I do the DCA bitcoin, so I think it's incredible.

Speaker: I think it's amazing that it's not a thing where we can put a jauge of adoption, how many people contribute to adoption on the market and that they are really compensated on this, because it's just too important.

Speaker: on would have to do a meta-air drop between all the projects yeah I mean you would have to do that in fact it would be that the industry is to do it all and that we put more in front of the projects in fact it's not for clasher certain projects NFT again I don't speak about investment I just speak of pure feeling in fact there are a lot of projects they do nothing they do nothing they do nothing they do nothing

Speaker: There is nothing real, there is nothing real, there is nothing real.

Speaker: Stop it guys.

Speaker: You have raised thousands of ifs, do something cool, or have a vision for people.

Speaker: So that's what I like about Clonex.

Speaker: I have a lot of people who are not fans of design.

Speaker: That's what I can understand.

Speaker: It's not for everyone.

Speaker: but it's very cheap, it's very cheap but I think it's good, you can put the last shoe you can put it even if you don't have a clone and then, is it going to be the best investment?

Speaker: No, no, no, no, no

Speaker: It's the cross between streetwear and video games, which are a bit of a bit of a privilege category and who have, mine of nothing, capacity of investment and consumption.

Speaker: They do things mega stylized.

Speaker: Nike has not made a lot of acquisition in his history.

Speaker: and Nex and Jordan and Converse are two other brands.

Speaker: When you see the revend price of some fringes, in general, when you go to StockX, you see these companies revend thousands of thousands of dollars.

Speaker: because people like to collect things which are stylized and it's not that Artifact is doing things which are really stylized and the only way to get them is to have a CloneX so there are only 20,000 people in the world there are more people who are fans of Streetwear I...

Speaker: I have to see when people in gaming and in the streetwear will wake up and see that this brand exists and I ask what's going on.

Speaker: I ask how it will react.

Speaker: Yeah, it's true.

Speaker: There are also many other projects that are cool or that have a different approach.

Speaker: I don't want to do name dropping, but there are many other projects that are cool.

Speaker: I think that the performance is a bit better.

Speaker: But yeah, the project is cool.

Speaker: But I haven't seen it like that, what you said.

Speaker: I don't know if it's going to be a business model, it's complicated, it's a lot of money.

Speaker: I don't know.

Speaker: I'm curious to know.

Speaker: Even if you're on the last drop, how much it will cost you, how much they'll cost you, how much they'll cost you.

Speaker: I'm not sure, but I don't know.

Speaker: I'm not sure that Nike is pushing a little bit

Speaker: You see, they were really criticized it a few months ago because, normally, CloneX would be the grail, and so when you're a CloneX, you're more or less gratis, even if everyone accepted to have a fringes that are of a such quality that you don't have to be gratis.

Speaker: And there was a little bit this thing, when you're a CloneX, you should have access to that.

Speaker: And in fact, on the last drop, and it's Ruskov who said that in Discord, and I thought it was pretty cool to have a part limited to the Holder of Clonix and a part ouvert, because the items reserved are more sought after.

Speaker: I don't understand that I really don't understand crypto.

Speaker: For me it's two things.

Speaker: First, you want to open the most possible because you have new users, potentially new people who want to buy a clone.

Speaker: So in fact, it's the reason why crypto people want to stay between them.

Speaker: There's nothing to do, it's really a thing that I don't understand.

Speaker: And then it's the other thing, it's the classic crypto for me.

Speaker: In fact, there's a real thing on the way you build, the more you build, the more you're doing the haine.

Speaker: It's really a thing.

Speaker: It's a thing I don't understand.

Speaker: I have a friend who has a collection of NFT, and I said, what do you think about these things?

Speaker: He said, yeah, Clonex, it's a scam.

Speaker: These things are super hard.

Speaker: I said, why do you say that?

Speaker: I said, you have a collection.

Speaker: You have a collection.

Speaker: You have a collection.

Speaker: There are three tweets every month, the guy who doesn't want to do a collab or something where there's nothing to do.

Speaker: And when I'm in the middle of the head, I'm not sure what's happening.

Speaker: And the guy was like, I'm not sure what you're doing.

Speaker: So you can't judge or you can't criticize it.

Speaker: I think the people have really a easy critique or want to do everything.

Speaker: You talked about the risk.

Speaker: You talked about the risk.

Speaker: Artifact, the risk of risk.

Speaker: Yeah, it's maximum.

Speaker: The risk of risk.

Speaker: impact quantitative and quantity of risk pris, it's true there is no more.

Speaker: Let's talk a little bit, or not quickly, explain a little bit more about how it works, the benefits you have when you enter, the different levels of benefits.

Speaker: We have a club of crypto investors,

Speaker: where the goal is to accompany investors with our approach to crypto and what we believe and what we do.

Speaker: So as I said, it's quite large for the people who are in the club.

Speaker: We already have the mayor offs for the mayor of 20 years.

Speaker: So once you're in the club, you have a circuit to do.

Speaker: on

Speaker: in terms of what type of investment you are, your profile, how much you are in crypto, what are your objectives, what are you going to do to pass, etc.

Speaker: They will be a little less, a little more.

Speaker: You will say, I'm going to pass more time on the block 2, the block 2, others on the block 4, etc.

Speaker: I'm going to pass the block for a little bit of a mystery because people just come to discover them.

Speaker: And so, these people are a little bit of their journey.

Speaker: We have people who are there who don't have passive passive, who want to be hyper active, to farm the airdrop.

Speaker: So we have to create the best vision for the airdrop.

Speaker: So it's pretty cool.

Speaker: And the but is to help and help them the best possible.

Speaker: And also to help them the best possible because more they help us, more we get to do things, more we grow and more we can also bring value to them.

Speaker: It's cool with partners,

Speaker: There are plenty of products that we can put in place, etc.

Speaker: So it's a bit of it, to create a family, a club where we can all try to train.

Speaker: Nothing magic again, you can go through and try to take the time.

Speaker: But I think what's interesting is that the level of personalization that we can have

Speaker: It's very important.

Speaker: If you want to bombard it, you can bombard it, there's a lot to do.

Speaker: I think that's it that's what we're doing.

Speaker: And I think that now it's what we're doing in the club.

Speaker: It's a great part of it because they want to follow us.

Speaker: And they know that we only do that, and then it will lead us to other points.

Speaker: So they say, I want to follow us.

Speaker: And they want to follow us.

Speaker: So I think that's it.

Speaker: That's it.

Speaker: I validement, in all of a sudden.

Speaker: It's a very good thing to go.

Speaker: But anyway, for someone who has listened to it just now, I'm sure it's complicated to say no, I don't want to go deeper into what this guy is.

Speaker: Go ahead, last question.

Speaker: What is your plan for generating more than a billion dollars to the next bullrun, since it's your goal of 1000 millionaires?

Speaker: It's true that I haven't done the calculation that 1000 x 1000, yeah, 1000 x 1 million, it's true.

Speaker: It's true that it was like that, it was extremely difficult.

Speaker: So, with the Pump Solana, we've been able to get a lot of millionaires.

Speaker: So it's already the first milestone of the fates, we'll say.

Speaker: Franchement, I think that we're going to improve each week, to get it done the best possible.

Speaker: You know, the errors that we've made before the past, we can't get them to improve.

Speaker: But you know, like it's a startup, and then even on the trading, we progress every day and every week, we're going to improve and continue to be in a hyper proactive.

Speaker: So I would say that we would continue to do what we do, to find more time, it's the most difficult, the most difficult, the most difficult, the most difficult time.

Speaker: And then it's going to be to create a movement, to have more and more people who come to help us, to meet many people brillants, to find other people who have other approaches to investment and trading, which will also provide a lot of value.

Speaker: and that we will try to scale.

Speaker: After all, in crypto, it's also a lot of... I provoked my chance.

Speaker: We are saying that many members are saying that there are people who work, who are a little hustle, who do a lot of things.

Speaker: At a moment, you develop your chance and you will have this positive positive rate which happens relatively quickly.

Speaker: And we, after the idea, it's how our investors who have that, we help them to

Speaker: to avoid this positive accident of richness, to really keep it, to optimize it, to work and then to advance it.

Speaker: But we have really great ambitions, there are plenty of things we want to do, really plenty of things we want to do, not to be able to do anything with crypto, to accompany investors on other markets, because we think there are plenty of investors who need to help us.

Speaker: And so,

Speaker: I propose always more products, and then we work on new products, which are really different approach to other products, which will bring a lot of value to our investors, to those who trust us.

Speaker: So that's really the goal at the end of the day.

Speaker: So it's really what we do.

Speaker: So we try to diversify more, to bring value to other products, and to have this effect of the réseau that we put in place.

Speaker: Great!

Speaker: If you have listened to today, first thing, don't forget to follow the podcast everywhere, like it, comment it.

Speaker: And share it in mass.

Speaker: And share it in mass.

Speaker: And share it in mass, of course.

Speaker: And don't forget that it's a podcast that is decentralized.

Speaker: You can be a shareholder, share......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des......des

Speaker: I think that's a good thing to follow.

Speaker: He already does his own pre-reviews.

Speaker: There's the bull market that's not really long.

Speaker: So if you want to take a look at it, follow us.

Speaker: Go on the side of Merov.

Speaker: I think there are some cool things to do there.

Speaker: Julien, a little last word.

Speaker: I would say we should follow a little bit everywhere and try to be proactive in the ecosystem, not passive, but proactive.

Speaker: Thank you for this.

Speaker: Thank you for all of us, thank you for all of us who are just here, frankly.

Speaker: I would say that at the end, a key word for the people who are here to say, if you send us a gift, you have a key word for us.

Speaker: If you send us a gift, you could do it.

Speaker: If you send us a gift, you could not have a key word in your group?

Speaker: But for you, for this conversation.

Speaker: If you send me a 20-1, one of us two, on will try to find a gift that we can make.

Speaker: A gift that we can give you.

Speaker: All right, let's do it.

Speaker: Let's see you next time, guys.

Speaker: And the girls.

Speaker: See you soon.