Episode Transcript
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Speaker 1 (00:00):
We are joined by the CEO and founder of Digital
Wealth Groups, Sidel Sierra.
Speaker 2 (00:05):
Heyelle, Hi, how are you going good?
Speaker 3 (00:08):
Has your parent in going first new baby copy?
Speaker 2 (00:11):
Yes, lots of late nights. Yeah, yeah, that's your big adjustment,
but it's it was just wonderful. I'm enjoying it.
Speaker 1 (00:20):
Where does a crypto millionaire do go on holidays? Have
you been anywhere cool recently?
Speaker 2 (00:25):
Actually, I'm on holidays at the moment. I'm out in
the We have like a beautiful country estate, thirty acres
of olive trees and it's absolutely beautiful. But we actually
bought it with crypto.
Speaker 1 (00:36):
So did you now what state is this? In? A
Western Australia and wa beautiful?
Speaker 3 (00:41):
Oh my goodness. Now, I'm so glad you asked this
question because this sets you up so well because you
made all your money and crypto we have given you
some cash, you have given us some cash and you
are investing. Where are we at?
Speaker 1 (00:54):
Oh?
Speaker 2 (00:55):
Well, the whole market actually, based off the FED announcement
that happened over the last couple of weeks, the whole
crypto market's turning around. So what we've been expecting with
the whole market taking off, we see everything in the
green now, so the whole portfolio is moving up. We've
got anywhere from eight percent all the way up to
thirty percent in games at the moment, so, which is fantastic.
(01:17):
The portfolio is all in the grain in the last
seven days.
Speaker 1 (01:20):
Yeah, that's nice. So that's all happened since since the
rate cutover in the States, they dropped their interest rates
went down.
Speaker 2 (01:26):
Yeah, that's right, so they dropped the drop that down.
So what happens is people feel a lot more confident
and a lot more ready to invest, but actually spend money
on more higher risk assets or even in just investible
assets in general. So we've seen a whole rise in
the crypto market and this is actually timed perfectly with
when we've expected the bull market to start, so it's
(01:48):
got a good kickoff basically.
Speaker 1 (01:51):
And now, the last couple of times we've spoken to you,
I'm pretty sure you were saying September is the time
where it's going to go nuts. We're getting we're sort
of towards the end of the day. Are you still
feeling like it's going to be September?
Speaker 2 (02:03):
Yeah, well that's right. So September is the time we
start to see the market turnaround, and we've been waiting
for this moment, so we finally have seen this turnaround
points and now we're on that sort of movement up
the heell, you could say, so into the positive green zone,
which is exactly what we've wanted. So we can expect
October to be extremely bullish as we lead into Christmas,
(02:25):
and this is exactly what we've been waiting for, so
extremely optimistic. Everything's taking off as planned and we've seen
green across the Board's a little bit of a lot
more hope out there compared to the last few months,
which has just sort of moved sideways and not done
too much.
Speaker 3 (02:40):
So if you are someone who's invested and you're seeing
an increase in your investment, at what point do you pull, Well.
Speaker 2 (02:47):
This bull market's going to heat up right into twenty
twenty five. So bull markets typically go for a few
months and then we go into back into what's called
that bear market where nothing much happens for a few years.
So this time is really to be capitalized on. So
I would say over the next few months, if you
start to see for example, at double anywhere from a
two x to a ten X, I say to people
(03:09):
look to start taking some profit off the top. People
sit on these huge gains and do nothing of seeing
people ride their portfolios from twenty thirty grand right up
into the you know, into the hundreds of thousands and
take no profit and ride it all the way back
down to the foe. So I always say, you know,
human emotions is actually the biggest challenge in crypto. It's
(03:30):
not investing into the asset class.
Speaker 1 (03:32):
So for those if you missed the portfolio that we
put together and these were your suggestions, I say we
because we have no idea. But your ideas was phantom
though chain ruin, the bread coin, the meme coin, fat
which is the AI coin. And so if someone if
someone let's say they missed our earlier conversations and they
(03:53):
wanted to jump in, now have they sort of missed
the boat because we've already got gains.
Speaker 2 (03:56):
Well, we've got gains. I always say that you're always
going to get some And if you compare through our
the asset classes, where you know you might get ten
to twenty percent over the course of a year, you've
got something like crypto that you know has done anywhere
from a mina portfolio is some of the coins have
done thirty percent in just the last seven days, so
you're still going to get that upside. So it's not
too late, and we can still expect some dips along
(04:18):
the way, which we call discounts.
Speaker 1 (04:20):
Discount this is what a positive spin. It's a very
good discount right now. Everyone's lost thirty.
Speaker 2 (04:28):
Right, so we've got them discounts. So yeah, absolutely, so
I look, we've got a long way to go. We've
got we've got an entire bullmarket. Christmas is coming. Basically,
we've got a whole bullmarket to play with, and we're
going to have lots of re entry dip zones to
jump back in. So absolutely following along is no problem
at all. And if people are still looking to get
(04:48):
into this market, it absolutely isn't too late. We've still
got another good few weeks to enter in and really
lock our portfolios in. But in that time we will
start to see some pretty good movements. So you don't
want to sort of sit on the sidelines too long,
all right.
Speaker 1 (05:00):
So we're not ready to give away the proceeds of
our account just yet. The nine seventy three which we
started with then you kicked in nine seventy three of
your own from Digital Wealth Group. So we're not ready
to give that away yet, but hopefully in the next
month or so we'll have some gains that we can
we can start giving away.
Speaker 2 (05:15):
Absolutely, most definitely we can all buy ranchers by Ranchers,
Come have some olive oil on the farm.
Speaker 3 (05:23):
Excellent. Sounds like a plan. Thank you so much, Sidel,
Thanks so much, guys,