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WIFI MONEY SPACE RECAP (07/09/24) 🗣️ 🟪 Big Announcement – Bitget will be the official partner of WIFI Money. Nagato has established a deeper collaboration with them, choosing Bitget because they have also "taken care" of his community. From now on, Nagato's referrals on Bitget will offer a free $20 start-up bonus and a lifetime 20% discount on fees using this link: https://bit.ly/NagatoxBitget Bitget will also be present at every future WIFI Money space. 🟪 Nagato discussed his post: (https://x.com/CryptoNagato/status/1831232032006984034) He mentioned that one of his favorite macroeconomist agreed with him, and similarly, Peter Brandt partially acknowledged his points. He is very pleased with this, and although their analyses aren’t exactly the same, they all converge in the same zone, which aligns with Fibonacci levels.
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🟪 Nagato saw a rebound on the chart in the lower zones, and in his opinion, that rebound took place yesterday. He believes the price action next week could be interesting and can't wait for the coming months. He’s bullish on Q4 and thinks the price will behave nicely in September. 🟪 Nagato points out that historically, September hasn’t looked good for crypto, and people are expecting even lower levels. He believes people are being greedy—not for growth, but for bigger dips—and they might be in for a surprise.
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🟪 Greg suggests that historically, when the "buy" signal is triggered on the hash ribbon indicator, BTC has experienced specific growth during that period. Overlaying this data onto the current chart, one could argue that BTC should reach $130K by the end of September (based solely on this indicator). He doesn’t fully expect this scenario and notes that it's an average, so even if it's around $100K to $115K by the end of October, it would still fall within range. He adds that he’s bullish on this indicator and that "we're almost there." 🟪 Nagato discusses his next post: (https://x.com/CryptoNagato/status/1831976212098351476). He says that all BTC has been doing for the last 6 months is re-accumulation around the previous ATH zone, and he believes there are two possible outcomes for the market. Either the crypto market is slowly dying and won't bounce back, or what’s happening now is an amazing opportunity to make big money. He concludes by saying that one of these options is a "no-brainer."
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🟪 Greg discussed his tweet about QNT: (https://x.com/GregLuntX/status/1832421921578745983). He’s very bullish due to the upcoming introduction of staking options. He says this is great news for QNT itself and for the entire crypto market. 🟪 Greg believes that looking at the QNT chart now, it seems terrible, but he thinks everything will return to normal in a few months. Internally, everything is going very well, and the team is doing an excellent job. The world and the market simply aren’t in the right place for this project to take off yet. Greg is holding most of his QNT bag, and it pains him to look at the chart, but he knows the project is fundamentally solid. We just need to wait for favorable regulations and the development of tokenization globally. 🟪 Greg reports that there are wallets accumulating only QNT and not even holding ETH for gas. He says that projects like QNT (with good tokenomics and fundamentals) could generate significant returns during altseason.
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🟪 Nagato believes that in macro analysis, the chart looks like this could be a bottom. 🟪 Listener 1 – Gave an example of a project he was involved in (didn’t specify which one). The project dropped by over 90%, and the price action was terrible, but over time, it bounced back strongly. In general, he brought everything down to the point that even when the price action looks terrible, if you see that the team is still working and not giving up, it’s worth not losing hope in the project. 🟪 Listener 1 – Asked the guys what they think about the possibility that the bull run might be delayed or disrupted by upcoming elections, potential regulations, and the appearance of ETFs in the market. He speculates that institutions are trying to control BTC and ETH, which could allow them to manipulate the market. He gave NVIDIA stock as an example.
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🟪 Greg, responding to a listener, says that he doesn't see a scenario where they would completely want to "crash" the market and make crypto fail. We should look at the "bigger picture," and it’s also in these institutions' interests for crypto to grow. 🟪 Nagato adds that no one knows what will happen, and the most important thing is to set realistic targets and exit the market once they are achieved. The same applies to situations where we see excessive euphoria. 🟪 Nagato, responding to another listener's question, says that he doesn’t plan to offer any paid courses in the next few years, and if anything comes up in the future, it will be a truly solid project, and he won’t focus on profit. He says they run free spaces on X (formerly Twitter) every week and simply recommends listening to them. 🟪 Nagato plans to start a YouTube channel with lifestyle/crypto vlogs.
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🟪 Nagato, responding to a listener who offered to be his editor, says he is open to various proposals, and people can feel free to message him privately about different topics. 🟪 Greg gives advice to people who want to offer their services. First, do the work and only then promote yourself — don’t come empty-handed. Do some work for free, show your capabilities, and only then move on to any discussions about monetization.
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🟪 Listener 2 – Asked what the guys think about "rage baiting," which involves deliberately provoking negative emotions in the audience to gain attention and build a larger reach. Both Greg and Nagato strongly advise against it. They say that anything built on negative energy will eventually fall apart, and the audience gained in this way is just waiting for you to slip up to use it against you, making it hard to monetize anything with such an audience. In growing a business or social media account, you need to focus on good relationships with your target group and build a community that stands behind you. Share the message you want to convey and realize your vision, rather than resorting to cheap tricks like provoking aggression to increase your reach.
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🟪 Greg quoted from the book *The Science of Getting Rich* by Wallace D. Wattles. Both highly recommended the book and said it’s worth reading, especially since it’s only about 70 pages long. In general, he thinks the best option for everyone is to just read the quote themselves. The PDF of the book can be easily found online. The quote starts in the 8th paragraph on page 42 with the words "The picture of your desire" and ends on page 45 with "vision of what you want." 🟪 Nagato, asked for his thoughts on the quote, said that he would leave it without comment so that everyone can have their own interpretation of the author's words.
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Link to space: https://x.com/cryptonagato/status/1832365275100148124?s=46&t=thmdTHcfFRCElhhxFkDKfw
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