Digital Social Hour - Crypto Whale Trades: The $100M Secret (FOMO) | Nick Murphy DSH #924

Episode Date: November 26, 2024

Ever wonder how crypto whales move hundreds of millions without crashing the market? 🐋 Discover the $100M secret behind massive cryptocurrency trades with Nick Murphy, founder of Ace Trading. As one of crypto's most respected OTC trading specialists, Nick reveals the hidden world of high-stakes digital asset transactions. Learn how professional traders execute billion-dollar positions, why timing is everything, and what happens behind the scenes when crypto whales make their moves. Nick shares insider stories about client relationships, market-making strategies, and the delicate art of moving massive amounts of crypto with minimal market impact. From navigating complex trades to building a 100% client retention rate, this episode unveils the real mechanics of institutional crypto trading. Whether you're a trader, investor, or crypto enthusiast, you'll gain valuable insights into how the biggest players in the market operate. Watch as we explore the challenges of crypto banking, the evolution of digital assets, and what it really takes to succeed in the high-stakes world of cryptocurrency trading. Get ready for an unfiltered look into the world of professional crypto trading where millions are moved with surgical precision. 🎯 #bitcoin #bitcoinnews #cryptonews #ethereum #livetrading CHAPTERS: 00:00 - Intro 00:41 - How Ace of Trades Operates 06:14 - Nick's Entry into Crypto 06:48 - Meet Nick’s Team 07:28 - Client Retention Strategies 08:14 - Importance of Mentorship 13:11 - Kyle's Three Mottos 15:23 - Mental Health for High Achievers 16:33 - Business Banking Challenges 18:10 - Overview of Ace Trading 21:13 - Future Plans for Nick 23:50 - Benefits of Using ACE for Large Trades 25:02 - Closing Thoughts APPLY TO BE ON THE PODCAST: https://www.digitalsocialhour.com/application BUSINESS INQUIRIES/SPONSORS: [e-mail] GUEST: Nick Murphy https://www.instagram.com/murphdurfthegr8/ https://www.acetrades.io/ https://www.instagram.com/acetradingllc/ LISTEN ON: Apple Podcasts: https://podcasts.apple.com/us/podcast/digital-social-hour/id1676846015 Spotify: https://open.spotify.com/show/5Jn7LXarRlI8Hc0GtTn759 Sean Kelly Instagram: https://www.instagram.com/seanmikekelly/ Learn more about your ad choices. Visit podcastchoices.com/adchoices

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I mean, well, and Trump has said a lot of things about he wants, you know, the US to be the biggest crypto holder in the world. Yeah. Let's see what happens. All right, guys. Nick Murphy here from Ace Trading. It's the earliest he's been awake in a while, right? That's what we do.

Come on. We got the Vegas time, though, you know. Let's go. It's two hours behind. That's why I like Ace of Spades too. Hey, you know what? You got to rep. Starting's what we do. We got the Vegas time. Let's go. Two hours behind. Spades to you. You got a rep. Starting the day off right. You've been busy these days. I'm sure very busy man. Very rating and with crypto at an all time high. I'm sure business is booming. Business is booming. It says with our business a little different. We are on the

execution side. So price being up just means more people are trading which is good. Yeah, it's definitely busy. But during the bear market, you were still doing well, still doing well, man. So you know, the difference was people were kind of getting out of positions, or getting on the sidelines and just waiting to see what happened. So it was just kind of chill. It was weird. We kind of had the same effect back about two months ago, when markets kind of pumped

up and then stopped. Everybody's waiting to see which way it broke. Right. Interesting times for sure man. Yeah. You think this time will stick around? I couldn't tell you man. With our business we are solely caring about volatility and trading the volatility. So if the markets are volatile we're doing well. Yeah. So the more volatile the better. That's how we see it man. I mean at heart we are what's called a market maker. So, you know, I've got the market maker mentality We execute our OTC trades, which is over-the-counter trade. So block trades big size minimum trade 250k

But we are the best in the business when it comes to executing large trades, large size with little to no market impact. So if you were to come to me with a thousand Bitcoin and say, Nick, let's sell all thousand or if you were to do it yourself, you would just sell it all one time and you'd fuck up the market. The market would go down. Your average execution price, if you will, would go down. If you came to me, we're very client objective based. So I would say, hey, what are you looking to do? What's your timeline look like? I've got 1,000 BTC. Then let's run an algorithm that slowly unwinds this position over three days, five days, seven days,

10 days. And we would do that based upon your objectives. I like that. Has someone actually approached you with that many Bitcoins? We've had much bigger. Really? Yes. In 1,000?

Yes. Dude, 1,000 is like, I can't even do the equation on that. I mean, those trades take a little bit longer. I mean, if you really want to not affect the market, not push the price around, you've got to be very careful, even as far as the crypto whale alerts. You're familiar with those? Yeah, I've seen that.

If people just see you move 1,000 BTC on the blockchain, people are not like, oh, shit, what's going to happen? They freak out. Exactly. Yeah, I saw one the other day where the guy had like 2,000. Exactly. And what did everybody do? They sold.

Well, yeah, everybody's like, what's going to happen? Like somebody moves just at 2,000 and our 3,000 with 1,000 Bitcoin? Yeah. Any of those, it's going to make alerts in the blockchain. People are like, oh shit. Crazy. I wonder how Michael Saylor buys this.

Because he buys huge tranches, right? Well, buying is different. That's dollars of crypto. You can't track the dollars going into the market. Yeah, but I think he announces when he buys. I mean, I couldn't tell you, man. I don't know if that's the smartest move or not. I don't know the guys, so I can't tell you. I've not watched his trading patterns. Do you do every coin or just the top ones? So it depends. What's niche about our business is yes, mainly, and'll say, you know market color wise

We've really only been seeing a BTC ETH Solana and stable coin trades as of late for the majority But our trading strategies don't just you know, they're not just effective in the majors They're also very effective in illiquid markets. So for example Let's say you're a crypto PR firm or a crypto law firm, right? Yeah, that over the past couple years, you've had clients that you brought on, and they've paid you partially in crypto, partially in cash, their crypto being their crypto coin. On paper, as that crypto PR firm or

crypto law firm, on paper, you might have a $2 million position of shit coin XYZ right now if you look at the daily volume of trades it might be trading forty five thousand dollars so how are you gonna unwind that position you can't they can't your other desks out here which are some of the greatest tests in the world that I've learned a lot from you know Cumberland Falcon X you know winter meet all these other desks that do amazing with it I mean these are the guys that have inspired me to do what I do.

But they don't focus on that stuff, to my knowledge at least. But these are trades that we will take because if it's something trading $100,000 in daily volume and you need to unwind a $2 million position, if you were going to do it, you would be paying a shitload in execution fees on the exchange. You would have to sit there and just click, click, click for hours. BetMGM, authorized gaming partner of the NBA, has your back all season long. From tip-off to the final buzzer, you're always taken care of with the sportsbook born in Vegas.

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Ontario only. Please play responsibly. If you have any questions or concerns about your gambling or someone close to you, please contact Connex Ontario at 1-866-531-2600 to speak to an advisor free of charge. BetMGM operates pursuant to an operating agreement with iGaming Ontario. Visa and OpenTable are dishing up something new. Get access to prime time dining reservations by adding your Visa Infinite Privilege Card to your OpenTable account.

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Might take even more than a month, but we can do it. I think that SEC with new leadership is gonna change their stance on crypto. Hey, we'll see man. We'll see I think they will too. I think they will it's been held the last five years Oh, man, they've gone after every US crypto company. Yeah, the big ones. Yep. Yep all the changes Thank God some of them are fighting back. Yeah, I mean they don't have any other choice. I mean, that's the thing Well, I mean is I I don't think it's been the smartest thing for the for the for the SSE to do they're pushing everybody offshore. Yeah, and Trump just announced he wants no capital gains tax on US cryptos Yep, it's huge for you, right? Yeah. Well, I mean it's huge for everybody

Everybody because my clients are not just us or global, right? But it's huge for everybody because what is it doing is just further legitimizing the bit like the cryptocurrency industry Yeah, and that just makes more eyes on crypto, more interest in crypto. I mean, hell, there's a chance that, you know, the US Treasury ends up converting over to more of a digital system, we'll see. That'd be nuts.

There has been rumors of them having a digital coin though, right? Yeah, yeah. I've heard that for years. I mean, and well, and Trump has said a lot of things about he wants, you know, the US to be the biggest crypto holder in the world. Yeah. Let's see what happens.

I think that'd be good for everybody. That'd be major. When did you first get into crypto? Oh man, about 2013, 2014. Yeah, very early. Those, a lot of that, let's be very real. A lot of that's long gone. But full-time professionally doing crypto

since about 2016, 2017. Was this the first crypto company you pursued? No, it wasn't. I launched a fund very early on, right at the peak of the first market push up and down. Learned a lot, but ended up switching things up, going to a couple other avenues, venues, different things, and finally found the niche of what I do now.

I've just built a big team around it and Not a big team. Let me say let me take it back. Not a big team, but a very very good team dedicated hungry people Smart smart brilliant people. I wanted to create the all-star team for execution I love that. Yeah, and you're one of the top if not the top in the world right now I mean, I'll say what in terms of size-wise, no. We're actually very small in the grand scheme of things. But in terms of how we operate and the things that we do

and the way we operate, I would say confidently, we're one of the best in the world at what we do. I mean, numbers don't lie. I mean, that's the thing is, numbers don't lie. And how about this? How about a client retention rate of 100%? Whoa. That's what I like. In crypto, that's unheard of. I mean, we're picky lie. And like, how about this? How about a client retention rate of 100%? Whoa. That's what I like.

In crypto, that's unheard of. I mean, we're picky with who we work with. And I like to just become friends with my clients, get to know them, and better understand what they want. So you mix friendship and business. You know, business becomes friendship if you do it the right way. Interesting.

Yeah, that's a tricky thing to balance sometimes. It definitely is. It definitely is. But I think you're right. If you do the business first, it's easier. Of course. I mean, for us, we always just want to keep the client's best interests at heart.

I'm not greedy. I'm probably the least greedy person in this entire industry. Wow. I've built the entire business off referrals. And we don't market anything. Send me people, bub. I'm going to send you some people for sure.

That's what we got. Got you. Do you have mentors showingb. I'm gonna send you some people for sure. That's what we got. Gotcha. Do you have mentors showing you how to do this stuff? Oh man. It just sounds complicated. Mentors have been the world to me. I would not be where I'm at without good mentorship. Chicago is like the heart of a good trading.

I mean, it's got the background with the futures industries. Everything that Chicago has done for the trading world. I have a list of mentors that without them I would not be here. And there's maybe the top five that really stick out that I talk to almost daily. Okay. Just get guidance, sometimes I just grab beers,

shoot the shit, just talk about markets, talk about problems that I'm going through or difficulties that I'm dealing with in terms of running the company or the business or certain just market, you know, situations. But the mentors have helped me learn so much. And so then I like to really give back and like, pay that forward. I love it. So I try to like teach and my favorite part of my job, honestly, is bringing new people on and helping them grow and succeed. Yeah. Yeah, they've saved me a ton of time, money, and stress, man.

Oh, dude, without a doubt. Man, my first lawsuit, I was tripping without a mentor. Same, same. Holy shit. Yes, yes, dude. I thought the world was ending. So did I. And now it's like, I think you can agree, though.

As you get older, problems that you thought were huge at age 23, at the time they were. But as you get older, you get smarter as the problems get harder. So yeah, shit's still tough now, but if you're gonna be real when you're mentoring somebody, you gotta tell them, shit doesn't get easier.

Yeah, 100%. They say money makes it easier, but I don't know. Yeah, I mean, it makes it more enjoyable, but no, but it does not make it easier. I mean, it's all about just learning. It's like, I try to go into any scenario and learn. So I'm actually curious of how you got to where you're at. As a Fizz member, you can look forward to free data,

big savings on plans, and having your unused data roll over to the following month, every month. At Fizz, you always get more for your money. Terms and conditions for our different programs and policies apply, details at Fizz.ca. A lot of failure, honestly. Lost all my money twice. Had mental health issues.

Yeah, the whole entrepreneurial journey. I mean, it's not easy. No, it's glorified these days, which I don't think is good on social media. I mean, that's why I really, I don't even have notifications for Instagram anymore. I'm just like, I don't wanna see this shit. It's a distraction and it's like so glorified

of the positives. I've thought about just doing an Instagram page of real shit like, oh, here's Tuesday. I'm kinda pissed off today. What do we got? I thought about it too. It just, let's be honest, doesn't get the views as the materialistic posts.

I mean, it's like, why the fuck should we be posting anyway? Yeah and the lifestyle posts and that's how people get drawn into entrepreneurship It's crazy terrible for no, but I'm all for that. I love I'm always like you say say some I'm gonna use an example somebody that I went to college with you know or high school with starts a clothing brand, right? That I can ninety nine point nine percent guarantees gonna fail I will still be the first person to buy that shit because I'm proud of them for taking the leap of faith. You know what I mean? The leap of faith to get out of corporate

to do their own thing. Because even if you fail, which I failed you, we've all failed, you still took the fucking leap of faith. And that's like the hardest part at the start. Yeah, that's a big step. I remember my first business was in the clothing space I thought it'd be a huge company I mean, but that's the it could have been but like the what it what were you doing before that? I was doing I was just a college student. I was broke. Okay, then I started a you went straight into entrepreneurship

Yeah, I never had a job. That's crazy I did corporate for like a year and I'm like, nope, I'm good on this. I knew it wasn't for me Yeah, it's working for someone else. No. I mean, it's just like the freedom to do what you want. But also, like, so OK, so you had the leap of faith, but you did it on your own. That was just very cool. Well, I had a safety net.

You know, my mom's upper middle class. So if it failed, I knew I could just live in her basement or whatever. So that definitely helped. And I tell you what, if everything went to shit today, I would rather go back and live in my parents' basement for two years if I had to. That's where it started.

To rebuild something. Yeah, I'd rather do that than you know not try it all Yeah, exactly getting college debt and six figures which what are your thoughts on college? It's terrible I mean, we just paid off my fiance's and it was just like years of interest and yeah, it's terrible. It's crazy I just don't know is he gonna stay is gonna go away who the fuck knows I know that I thought it was gonna Go away that one time but someone vetoed it or so. I don't know did you go to college? I did I did I went to University of Missouri. Okay, was it worth it? I mean Was it worth it? Yes, I'm not gonna regret going I made a lot of good friends, but I had a lot of fun

Okay, that's where the partying started for you We had a good time, but still you know, it's uh, I definitely learned a lot about We had a good time. But still, I definitely learned a lot about people and interacting with people. In terms of the coursework, there's been many times I've been like, yeah, I would much more appreciate some of those business classes now. But even then, why would I go back now?

I graduated. I have a degree. What's your degree? Business, marketing, and finance. So you're actually using that. I mean, I am. But realistically, did I actually learn the stuff there that I am, but like, you know, realistically, did I actually learn the stuff there that I do here?

I don't know, man. I'm sure the principles were there. But I think for me at least, hands on and being in the, you know, in the grind doing this stuff is where you really learn it all. We got to talk about your mottos. No, the mottos man. You got three mottos.

I do, I have three mottos of life that I highly encourage other people to put in. No, I mottos man three mottos. I do I have three models of life that I highly encourage other people to put it. No, I have it. I had it on my phone over there. But I had it as the wallpaper of my phone and I still do. But I would send it to other people. And I got to the point where I had to put my fucking signature on it because everybody else was using it. Model one, fuck them all. I'll explain that. Because the second that you stop caring about what other people think is when your life really changes in my opinion We can come back to that

Uh rule two model two is a question that you can ask yourself And it applies to almost any situation rule two Does it make a difference because most of the time it doesn't actually make a difference? Like, you know, you'd be like pissed off. You're stuck in traffic. You know this that doesn't actually make a difference No, it really doesn't you know in a deal setting or this or that or whatever ask yourself the question doesn't make a difference Probably doesn't rule three is the toughest one of them all don't overthink shit Very difficult. Yeah, I'm an over thinker But if you combine all three of these and take a deep breath every now and then not too bad. Yeah

Yeah, I love all those. Yeah the overthinking man I used to be the biggest over thinker. I still am I would lay in bed at night and think about shit I mean I was I was just telling you I was texting and I was texting my team this morning I do the more like what do you think of this? What do you think of this? Yeah, but I mean it's Taking a step back so it's not not the worst thing. Yeah, you got to be in the present Yeah, the first one though that that was a game changer I grew up a massive people pleaser and I would put other people before me

for like probably 20 years. And that's, how do you do now? I don't do it now. I mean, I'm still pretty giving I think, but in the right setting. But now I really gotta put me and my family first. You have to. I mean, it's at the end of the day,

the only thing you could actually control is yourself. And that's hard to realize, hard to understand. And I'm still the same way too. I'm a people pleaser still. But I'm learning every day that I need to focus on me too. Yeah. Yeah, for me at least, it's from childhood trauma, not fitting in, kind of please everyone.

Yeah, no, I've also got childhood trauma as well, man. It's tough. I think everybody's got some sort of trauma in their life. And it's just how you kind of fuel that energy into something positive. Yeah. Well, I noticed a lot of entrepreneurs have some deep trauma, actually.

Yeah, that's like, actually, it's funny you mentioned that. And this was not at all planned, by the way. But it's funny you mentioned that because I think that there should be some sort of a, I've been thinking about maybe doing a nonprofit or something specifically geared towards high level and high achieving people, mental health. Because I've found like, I'm more likely to talk to you as another successful entrepreneur about difficult scenarios or like problems that I'm going through because

you've probably been through very similar ones. Right. So it's like, you know, being able to like talk to that stuff, not more like mentor to mentee, but like just friend to friend. And like, I don't know, it's interesting like talk to that stuff, not more like mentor to mentee, but like just friend to friend. And like, I don't know, it's interesting. Yeah, like AA, but just entrepreneurial trauma. Yeah, I don't know. We could, yeah, exactly. We can think of a fucking fun name for it,

but I mean, we'll see. But I mean, it's just like, it's just, there's a lot of trauma. You know, dude, fucking half the days that we go through are traumatic. Like, you know, there's days where we have great days, there's days we have shit days. And that's something you got to realize.

It's not going to be up and up the whole time. No, I mean, nothing moves up in a straight line. Yeah. So now when I have bad days, I'm like, all right, that was needed. Yeah. Things have been too good. I mean, the timing is always right on point

where it should be. I mean, you don't realize it in the moment, but maybe a year from now you do. Yeah, absolutely. What's been some of the highs for you and some of the lows? Highs and lows in general or what? Be more specific. With your business stuff, I guess? With business, man, shit. The last year and a half, two years, banking has been tough in the United States.

It's been a really tough problem to do anything crypto banking. You got shut down? Yeah, man. But different accounts, the major banks, they just hate crypto. And I think a lot of this is tainted by the bad actors in the game Like we were just talking about the kid who did the massive rug yesterday. I mean, it's fucking crazy massive Like you know, like that's the kind of thing that makes crypto look bad and then it's like, you know You know, I think a lot of people screw up with their banking and have screwed people like you and I on our banking. I tell my banking people, I'm like, this is exactly what I do.

Here's how my business is going to work. Here's how the flow of funds is going to work. This is what I do. Boom. They're okay with it until they're not. Then all of a sudden, boom, accounts are shut. Yep. I got banned because someone that was in crypto just sent me money.

Just for somebody random? Like he got banned. So like, I guess everyone he sent money to got banned to what do you do? I don't know That's the problem though is see bad actors in the space probably I mean, but now you can breathe and they'll kill your account like it's ridiculous nuts, dude I mean there there's probably I don't know five six different crypto banks in the US that I think do a fantastic job But they want you to keep a million on reserve It's like why the fuck are we not trading that like I should be trading that money not leaving it in the account Yeah banking. I'm on my third one man. So hopefully they figure that out with you. Which one are you using?

Gotta keep a million in there keep that secret We gotta talk about your dog man, yeah the dog That way wait wait which part you painted your labradoodle. Yeah, the dog. Wait, wait, wait. Which part? You painted your Labradoodle. So OK. So long story short, the name of the company Ace Trading is actually because my dog, his name is Ace. He's about, he actually, today's his birthday.

He turned five today. He turns five today. Yeah, so you got to go home, get him a cake and whatnot. No, so whenever I've made this company created this company I'm like what the hell should I name this thing and somebody jokingly said just name one after your dog I was like, okay, we'll just name it ace and Afterwards I was like actually this is a great idea because it's a three-letter word and it starts with a So it's at the top of every list

Of every like directory a ace, Ace, boom, easy. And I like the way like if you think about how like two of my counterparties are talking like, oh, who'd you execute that trade through? Like, oh, I did it through Ace. It just sounds good. Clean. It's clean. So yeah, so Ace trading my second dog, my younger dog.

So he's actually named after Dom Perignon. So he's Dom. So I have Ace and Dom, Ace of Spades, Dom Perignon. So one of my offshore entities is called Dom Cap. So I'm either gonna have to find more alcohol brands or I don't know, but definitely. So yes, back to your point. Yeah, for Halloween a couple years ago,

the groomer, he was like, yeah, we should paint him, like do some like dog dye. And this is before everybody was doing it. Yeah, because now it's pretty common. It's all over the Internet. But no, he looked like a Bengal tiger for a fucking year. It lasted a year. Damn. Yeah, cars would pull over on the side of the road.

Holy crap. Yeah, we'll throw up the image on the on the pot. Yeah. No, there's some good ones. There's a lot of good ones. He looked straight up and people I like to fuck with people. It's like I'd be walking the dog and people would be like, oh, what kind of dog is that?

And it got to the point where it got asked so frequently that I have a full tale of the story. They're like, oh yeah, it's a tiger doodle. Like, no way. I'm like, yeah, I think he's like the second or third one in Chicago. And like, no way. I'm like, yeah, yeah, look him up on Google, blah, blah, blah.

Yeah, people loved it. But I didn't because I didn't realize the walks would take ten times as long. Ah That's funny, dude. I love dogs. So I got two dogs. What kind of you have Australian Shepherd and Golden Mountain dog golden mountain. You heard about no, it's a golden retriever and Bernie's Mountain dog Okay So you ever got the golden doodle ace and then the Aussie doodle dumb nice so the energy of the Aussies man Oh, man, he's run bouncing off the walls all day. That's Ace and then the Aussie doodle Dom nice so the energy of the Aussies man crazy man He's run bouncing off the walls all day. That's that's not what is he he's just turned six. Okay? Yeah, yeah, so yeah I mean this ace is five today Dom is one yeah, Dom is fucking nuts

I bet that young puppy energy dogs changed my life though same same I had terrible anxiety before same bro It went away as soon as I got one yep Isn't that crazy? And they sense your energy. Like, if I'm in one of those moods and I just sit down on the couch, or anybody that's at my house, they will both go to just lay by them. Crazy.

And just chill. Yeah, they're wonderful. I agree, man. No, ace and dom. Save my life. Yeah, if you guys are dealing with anxiety, get a dog. 1,000%. Game changer.

What's next for you, man? What are you working on? Just building, building, building. I mean, now the banking is, for what I can tell, knock on what's solved. We can actually scale the business. The company just hit its year mark back in September. So very proud of all that we have achieved this far.

Damn, only a year old? Yeah, this company, yeah. Damn. This company is a year old. Well, a little bit over, but I was doing similar stuff before, and ended up just kind of spinning this company out of the last company I'd found it with just, you know, bigger goals. And I really want to push this thing, you know, it's a very niche service, the way we do

things, the way we trade and like service our clients very like hot, like high end white glove service. It's all objective based. Like I said, My goal is to keep expanding, growing, building, teaching the team the right attitude, the mental, the morals of the company, just doing the right thing, not fucking people over. And that's another thing in this business, I feel like happens way too often,

is people just, they're all for like one rip off somebody, and then one and done. Like I don't want to just make a rip off somebody and adios by I want to have them as a client for life, right? I think that's why even moving company to company from my leaving my last firm to this I have a hundred percent climate retention rate. I've got the best clients ever like without them in my network None of this would have been possible I love it, but but I want to get you, you know, if somebody new comes in as a client,

I want to service them so well that they are always thinking about me, they're thinking about my business, they hear crypto, they think Nick Murphy, they think Ace Trading, because I want them, I want their cousins, I want their brother, I want their friends, everybody as clients. And to provide everybody the same level

of just top notch service. That's the way to do it, man. Yeah, because crypto space, man, there's a lot of scams. There's a lot of scams There's a lot of like, you know, there's a lot of really good people out of not scams Let's be real, but there's a lot of bullshit too. Yeah, and it's like You know a friend and another mentor mine once told me I won't I won't get into business what he does But but he once told me you shouldn't worry about that. That's what I'm here for I'm here to worry about that for you. It's like if if we're you know involved in anything crypto

Execution wise it's like don't worry about it I don't want my people to worry about it like let us deal with it and handle it for you It's like if you're sick, what do you do? Do you go to the doctor or do you go to your buddy that went to med school for a semester? I go to the doctor. Hmm, if you get leave If you need legal help, what do you do? Do you go to an attorney or do you go to like a fraternity brother that maybe went to like half a semester and fucked off?

Or chatty-pity. No, it's like so when it comes to trading, like if you want to do, if you want to execute large scale trades with little to no market impact, come to me, come to us, come to Ace. It's a great service because people don't realize when you have that much and you sell you don't get all of that in cash Buy sell whatever it is. I mean crypto to crypto fiat to crypto Like if you don't do it the smart way, you know

Like and and execute it, you know, we we're 100 Algorithmic like a little chip away positions and and not impact the market. That's I whole goal. That's the key. Because when you sell a big position, you can tank coin like easily 510% easily, if not more. Yeah, yeah, I've seen some wild slippage actually. I mean, and that's especially with some of the DeFi coins now. Yeah. Yeah, we actually have been able to get a good friend that built out a DeFi execution platform, like a DeFi execution platform like a DeFi execution layer that says I think he's gonna be releasing soon but like I said good

friend of mine we've been using it some here and there but it actually allows us to trade high frequency in DeFi without incurring all those fees of gas that's sometimes sometimes we have positive slippage. What? Yeah. How is that possible? That's more technical than I. But yeah, keep an eye out for that. There's a lot of things cooking. We'll link your site below and your Instagram. Anything else, my man?

You know, I really just want to appreciate you bringing us on. And yeah, man, just keep doing what you're doing. I'm proud of you as a nice person. Thank you. Great meeting you, man. You as well. Yup. Thanks for watching watching guys. Peace