Digital Social Hour - Crypto Whale Trades: The $100M Secret (FOMO) | Nick Murphy DSH #929

Episode Date: November 28, 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 - Nick'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

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. That's a feeling you can only get with BetMGM. And no matter your team, your favorite player, or your style, there's something every NBA fan will love about BetMGM. Download the app today and discover why BetMGM is your basketball home for the season. Raise your game to the next level this year with BetMGM, a sportsbook worth a slam dunk,

and authorized gaming partner of the NBA. BetMGM.com for terms and conditions. Must be 19 years of age or older to wager. 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. The scorebed app here with trusted stats and real-time sports news. Yeah, hey, who should I take in the Boston game?

Well, statistically speaking... Nah, no more statistically speaking. I want hot takes. I want knee-jerk reactions. That's not really what I do. Is that because you don't have any knees? Or... Ugh. The Scorebet. Trusted sports content, seamless sports betting. Download today. 19+, Ontario only. If you have questions or concerns about your gambling or the gambling of someone close to you, please go to ConnixOntario.ca. 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.

I've heard that for years. 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. That's a feeling you can only get with BetMGM. And no matter your team, your favorite player, or your style, there's something every NBA fan will love about BetMGM. Download the app today and discover why BetMGM is your basketball home for the season. Raise your game to the next level this year with BetMGM, a sportsbook worth a slam dunk, and authorized gaming partner of the NBA. BetMGM.com for terms and conditions.

Must be 19 years of age or older to wager. 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. Bet MGM operates pursuant to an operating agreement with iGaming Ontario.

This given Tuesday, the Center for Addiction pursuant to an operating agreement with iGaming Ontario. research breakthroughs. But now is the time to aim even higher. You can help create a world where no one is left behind. Donate at camh.ca slash donate now from November 25th to December 3rd and your gift will be doubled for twice the impact. And it just, the chances of it working the way it would with you doing it versus us doing it would be very different, you know. With us, I could unwind that trade, it might take a month, 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 hell the last five years. Oh man, they've gone after every US crypto company, all the big ones. Yep, yep. All the exchanges.

And 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, I don't think it's been the smartest thing for the for the for the SEC to do. They're pushing everybody offshore. Yep. And Trump just announced he wants no capital gains tax on US cryptos. Yep. Yep. Huge for you, right? Yeah. Well, I mean, it's huge for everybody. Everybody because my clients are not just us are they're global. But it's huge for everybody because what is it doing? It's just further legitimizing the cryptocurrency industry. And that just makes more eyes on crypto, more interest in crypto. Hell, there's a chance that 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. I've heard that for years. I mean, well, and Trump has said a lot of things about he wants You know the u.s 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. Um Those a lot of that let's be very real a lot of that's long gone

um, but 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. I did 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 you know the niche of what I do now and 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, 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%? 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 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, always, like for us, we always just want to keep the client's best interests at heart. Like, 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 gonna send you some people for sure. That's what we got. I got you. 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. you know, sometimes I'll just grab beers, shoot the shit, just talk about markets, talk about, you know, 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 like bringing new people on and like 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. I thought the world was ending. So did I. And now it's like, it's like as I think you can say, you can agree though, like as you get older problems that you thought were like huge at age 23.

That the time they were. Yeah. But as you get older, you know, you get smarter as the problems get harder. Yeah. So yeah, shit's still tough now. But if you're going to be real when you're mentoring somebody, you got to tell them like shit doesn't get easier. Yeah, 100%. They say money makes it easier, but if you're going to be real when you're mentoring somebody, you got to tell them, like, 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. Your team requested a ride, but this time, not from you. It's through their Uber Teen account. It's an Uber account that allows your team to request a ride, but this time not from you. It's through their Uber Teen account.

It's an Uber account that allows your team to request a ride under your supervision with live trip tracking and highly rated drivers. Add your team to your Uber account today. A lot of failure, honestly. Lost all my money twice. Been there. Had mental health issues.

Been there. The whole entrepreneurial journey. I mean, it's not easy. No, it's clear, honestly. Lost all my money twice. Had mental health issues. Yeah, I went through 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 don't even have notifications for Instagram anymore. I'm just like, I don't want to see this shit. It's a distraction, and it's so glorified of the positives.

I've thought about just doing an you know an Instagram page of real shit Like here's Tuesday kind of pissed off today. What do we got? That's 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 in the lifestyle posts, and that's how people get drawn into entrepreneurship It's crazy is a 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 99.9 percent guarantee is 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 failed we've all failed you still took the fucking 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 failed, 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 were you doing before that? I was doing, I was just a college student. I was broke. Okay.

And then I started an apparel company. So 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, okay, 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 I started. To rebuild something.

Yeah, I'd rather do that than not try it all. Yeah, exactly. I agree. I'd get college debt and six figures. Which, what are your thoughts on college debt? It's terrible. I mean, we just paid off my fiancees, and it was just like years of on college? Oh, 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 it gonna stay? Is it gonna go away? Who the fuck knows? I know, I thought it was gonna go away that one time but someone vetoed it or something.

I don't know, man. 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 going to regret going. I made a lot of good friends.

But I had a lot of fun. OK, that's where the partying started for you? 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.

Yeah. But even then, like, why would I go back now? I mean, I graduated, I have a degree. What's your degree? Business marketing and finance. Okay. Yeah. So you're actually using that? I mean, 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 are there. Yeah. 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. 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 phones 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 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.

Does it 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. Does it 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, 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'm just telling you I was texting and I was texting my team this morning I'm like, what do you think of this? What do you think of this? Yeah, but I mean, I was just telling you, I was texting my team this morning, two in the morning, like, what do you think of this? What do you think of this? Yeah, but I mean, it's taking a step back sometimes is not the worst thing.

Yeah, you got to be in the present. Yeah, the first one though, 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 the right setting but now I really got to put me and my family first You have to I mean, it's at the end of the day

The only thing you could like actually control is yourself Yeah, and that's hard to realize hard to understand and I'm still the same way too. Like I'm a people pleaser still But I'm learning every day That I need to focus on me too. Yeah, yeah, that's from, for me at least, it's from childhood trauma, not fitting in. You know, like 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 like something positive. 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 pretty much 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 like 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. Yeah, like a but just entrepreneurial trauma

Yeah, yeah, exactly. Think of a fucking fun name for it. But I mean, we'll see Yeah, but I mean, it's just like it's just there's a lot of trauma, you know, dude fucking half the days We go through a traumatic. Yeah, like, you know, there's days where we have great days There's days you know shit days and that's something you got to realize it's not gonna be up and up the whole time No, I mean nothing moves up in a straight line. Yeah, so now when I I've had bad days I'm like I thought 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? Yeah, more specific. With your business stuff, I guess. With business, man, shit, the last year and a half,

two years, banking has been tough the United States Yeah, it's been a really tough problem to do anything crypto banking you got shut down. Oh, yeah, man I mean, but like different accounts, you know 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 wrong yesterday We were just talking about the kid who did the massive rug yesterday. I mean, it was fucking crazy. For him it was massive. I mean, for him it was fucking massive.

It was 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. And they're okay with it until they's what the flow of funds is gonna 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 cuz 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. It's 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 which one are you using? Talk about your dog man. Yeah the dog That way wait wait which part you painted your labradoodle. So so okay

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 turns five today. He turns five today. Yeah. So you got to go, go home, get him a cake and whatnot. But no, so whenever I 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. And I was like, fuck it, we'll just name it Ace. And afterwards I was like, fuck it, 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, 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 off-sorentices is called Dom Cap. So I'm either gonna have to find more alcohol brands or more, I don't know, but definitely, so yes. Back to your point point. Yeah for Halloween a couple years ago

The groomer he was like, yeah, we should we should paint him like do something like dog die And this is before everybody was doing it. Yeah, cuz 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. Yeah Yeah, cars would pull over on the side of the road. Holy crap. Yeah. We'll throw up the image on the, on the pod. Oh 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, like what kind of dog is that? Like, is it? And I like, it got to the point

where it got asked so frequently that I have like a full tale of the story. I'd be like, Oh yeah. It's a tiger doodle. Like, like, no way. I'm like, yeah, I think he's like the second or third one in Chicago. And like, uh, you know, like no way. I'm like, yeah, yeah, look them up on Google, blah, blah, blah. Yeah. People loved it, but I didn't because I didn't realize the walks would take 10 times as long.

That's funny, dude. I love dogs though. I got two dogs. What kind of you have Australian shepherd and a golden mountain dog. Golden mountain heard about no, it's a golden retriever and Bernie's Mountain dog Okay So you have I 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 that's how old is he? He's just turned six. Okay Yeah, so yeah, man, there is aces five today Dom is one

Yeah, Dom is fucking nuts. I bet that young puppy under do dogs change my life though. Same same I had terrible anxiety before same bro and went away as soon as I got one Yep, isn't that great? And they like they sense your energy like if I'm like in one of those moods and I just sit down on the couch Or anybody anybody that's at my house. They will both go to this lay-by. Crazy. And just chill. Yeah, the one. I agree, man. No, ace and dom saved 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. Nice. We, the company just hit its year mark back in September. So very proud of all that we've 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. I ended up just kind of spinning this company out of the last company I'd founded with just 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 high end white glove service. It's all objective based, like I said.

My goal is to keep expanding, growing, building, teaching the team, you know, the right attitude, the mental, you know, the morals 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 as 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 client 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 I want to get you know if somebody new comes in as a client I want to service them so well that they are 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 is 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, there's a lot of really good people, a lot of not scams, let's be real, but there's a lot of bullshit too. And it's like, you know, a friend and another mentor of mine once told me, I won't, I

won't get into business what he does. But, but he wants to tell me, you shouldn't worry about that. That's what I'm here for. I'm here to worry about that for you. So it's like if 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. 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. 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?

Yeah. Or Chia GPT. I was gonna say that. No, it's like so when it comes to trading, like if you wanna do, if you wanna 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. Crypto to crypto, fiat to crypto. Like if you don't do it the smart way, and execute it, we are 100% algorithmic, like we'll chip away at positions

and not impact the market. That's the whole goal. That's the key. Because when you sell a big position, you can tank a coin like easily. Five, 10%. Easily. If not more. Yeah, I've seen some wild slippage actually. I mean mean that's especially with some of the defi coins now. Yeah

Yeah, we actually have been able to got a good friend that built out a defi execution platform like a defi execution layer That's 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. Wow. 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 but yeah, I mean, keep an eye out for that. I mean, it's there's a lot of things cooking. Oh, yeah. We'll link your site below and your Instagram. Anything else my man? No, I really just want to a lot of things cooking. Oh yeah. 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 an entrepreneur. Thank you. Great meeting you, man. You as well. Thanks for watching, guys. Peace.