Today we are going to be talking about the infamous
the 2024th quarter superstar
bitcoin okay i am so excited
i want to quickly let you know that
i'm just going to be talking about my
knowledge
as a very beginner investor in crypto
and in bitcoin and some really exciting
things that i'm seeing and hearing about
you know
in the behind the scenes of the markets
um that you guys can look forward to
and hopefully become a part of as well i
have been making money off of bitcoin
in the past couple of days so i mean
it's working bitcoin is just shooting up
to the sky
now is the time to huddle and let's get
you guys i am so incredibly excited.
um i'm just like a bitcoin fanatic at
this point
in my life um and i think we all need to
start looking at bitcoin
you know we've heard of bitcoin and it
has shown its head before it's kind of
shown its power before
um but you know the last couple years
we've kind of slept on
him hurt it i don't know if bitcoin is a
her or he to me i think it's a he i
think bitcoin has male energy
i don't know we've slept on it the past
couple years and now we're starting to
see
bitcoin reassert itself as a true force
in the markets and i think that 2021 is
going to be the year that we
massively as a people um
integrate and accept bitcoin into our
i will be
making and uploading and i am just so
excited i had such an amazing year
such an amazing year and um it was
possible in
large part to you guys.um but just a lot of things
have really been just amazing
for me i mean not to be insensitive to
anybody that has had
a hard year because it has been quite a
crazy ride
um but i definitely got the upside of
this year and i was able to capitalize
on a lot of momentum with things going
on um so i am super sad to see this year
end out but i'm so excited for what is
coming
in the next couple of weeks i'm so
excited for next year okay so i want to
start off by saying that i'm getting
this information
from people that are like bitcoin nerds
okay i have bitcoin consultants
that are big-o nerds that make their
living off of bitcoin
um and have been in the crypto world
space for about you know since like 2015
whenever we first whenever i first
started to come on the scene so they're
very well educated and those are the
people i'm drawing my information from
i'm not a crypto specialist analyst i
hardly understand it
half the time so i go to people that do
understand it and just have been
doing it i've made a video about that
before why you should hire
people to help you trade forex to help
you trade in the markets because
if you can't master every single market
the stock market the forex market the
crypto market
the housing market get someone that can
you know if you could pay someone that
can
and they can help you then that is just
the easiest route a lot of this
information can be found for free
on youtube and also clubhouse has been a
real
uh goat in this crypto space as of
recently i've learned so much
um and just getting little pieces that
i'm able to run with myself so people
mention something
i can look it up and do research for
myself so if you are not clubhouse
definitely get on clubhouse
follow me and then i'm also going to
well i guess i can shout out now
my friend darren who is just like a
genius when it comes to crypto
okay he is absolutely amazing follow him
on clubhouse he goes
he goes on every single day and talks
for about an hour about
crypto a different crypto you know
things that are going on
um there's also youtube channel called
bitboy crypto
um they have some really nice gems and
were recommended to me by other people
you know in the space for beginners so
that is tip number one get you some
crypto nerds
on your side because they can help you
let's start off kind of unveiling
bitcoin because there is a lot of crypto
and not all crypto is the same
in any way crypto is kind of like
technology
um so not all of it is the same but
bitcoin is the one you know that we're
focusing on and where i see the most
opportunity right now
um for everyone so we'll just kind of go
into what
bitcoin actually is so bitcoin is an
online currency just like your dollar is
a currency
bitcoin is a way to purchase things it
is an agreement
um so what had happened was we had a us
dollar right and at one point this
dollar represented a piece of gold
so if you held one dollar you could
exchange it for
gold right that that was the idea i mean
a dollar couldn't buy you much you get
like a little
shaving maybe like a little sprinkle of
gold but but it was
backed in some form by gold now over the
years
the government gradually started to take
away
the dollar and gold correlation and then
completely got rid of it but
still was allowing us to use dollars so
they almost
tricked us they got us into a mindset as
in this piece of paper means something
it's worth something
and now it's just like you've been using
this piece of paper you're used to using
it
but now it's worth absolutely nothing
unless we say it is
and we put our money in the hands of
people that just get to say how much it
means that's very
unsafe that's very unreliable um and
we've seen countries devastated because
their governments just blew their
currency completely out of
proportion and we don't think that that
can happen to us in the u.s
like it has happened for countries like
africa or
um you know countries where you go to
buy something and it's like 10 million
whatever because their currency just
completely blew up we don't think that
would happen to us in the us but we are
seeing the dollar
get extremely inflated especially after
this year uh the panic where everything
has been
you know the us has been printing money
like crazy and again since that money
has no backing it's a little
sus okay so that's where something like
bitcoin comes in bitcoin is
a a form of exchange
like when we exchange a dollar for
something i agree to dollar you agree
it's a dollar
we agree that after i sell this to you
i'm gonna be able to use this dollar
for something else that is only worth a
dollar you know it's a means of
exchange that we agree on bitcoin is
also that but bitcoin has
more it's unchangeable the us dollar has
become very changed
bitcoin is absolutely unchangeable
because it is a technology
um i'm gonna explain these things very
simply because i only understand them
very simply
and i'm not going to deep dive too much
because
it is hard to kind of understand and to
really break down everything even the
people that created
bitcoin and the blockchain technology
which is what is used
to send bitcoin and validate the um
value of bitcoin they still didn't
really understand its full potential
either so it is a very new space for a
lot of people and it is like a
breakthrough in the world right now
that's why it's so important that we
talk about it and i think as
forex traders that watch this channel
you guys would be very interested and
i'm sure you've heard about it of course
we've all heard about it
but you might not completely understand
and that's okay but this is going to be
maybe your first step forward into
understanding and looking into it deeper
so blockchain is like this thing where
you know the internet has all these
computers connected to it so my computer
is connected to it your computer's
connected to it
a million other people's computer is
connected to it and what happens
kind of is like when you send a bitcoin
or you buy a bitcoin
um it hits all these different computers
to validate that is
it is a real bitcoin you know what i
mean it goes through like this weird
process
and then it becomes validated and you
can use it
the the only thing that validates
bitcoin is that blockchain that's that's
what's
the important part about this like right
now the us is saying
oh we'll we'll honor this dollar because
that's what we said
but for blockchain it's like this
bitcoin is valid because it ran through
a
computer and and said that it was legit
it was real
this is how much it's worth so hopefully
that makes a little bit of sense to you
guys
but the main thing is like only
computers are in charge of
bitcoin pretty much at this point
so the reason why this is really cool is
because we can
kind of put our trust into technology
more than we can
into people now i know that sounds crazy
y'all robot fanatics are going to have a
field day with that one but
even elon musk um has spoken openly
about stuff like this you can you can
put your trust
into a computer currency then you more
than you can just
a printed thing you know because it
there is only a certain amount of
bitcoin
so there is a 21 i believe it's 21
million
bitcoins in this world um so
that means only 21 million out of the 8
billion people or
trillion i don't even know how many
people are on this planet um
only 21 million bitcoin for
billions of people right so you can see
now that it is a very
rare asset like imagine if somebody
found a new metal like gold and there's
only a very finite amount of it how
valuable would that be you know
everybody in the world is going to try
to get their hands on it and the price
of that
precious asset gem metal whatever
is going to skyrocket and that is
exactly what we are seeing happening
right now with bitcoin because it is
such a limited supply
and it is such a groundbreaking
technology
that separates you know state from
banking where right now
our government is really just a big bank
in in a sense
so we are actually separating almost
like our power because what is money
money is
our energy that we expend to get it and
then we give it away when we buy
something right it's our form of
exchange we should be able to exchange
with people in our city on our terms you
know what i mean we shouldn't have to
always be in the hands of government
government is there to make laws and
keep us safe
it's not really you know what i mean
like i don't know
so it's really groundbreaking technology
it is a beast that has been let out of
its cage there's no going back now that
we have this technology
there is no going back okay it is going
to be
used and adopted by the probably like
you know your
your conspiracy theorists your your
nerds your
there's gonna be a certain amount of
people that are going to look towards
this because this is like the way
out of government money control
so as more people start to realize that
um the price of bitcoin is going to go
up right now it's at 28
000 which is its all-time high um it
keeps making all-time highs every single
day
because you know after everything is
going on more and more people are
agreeing that bitcoin is the future
we are looking at it um we aren't
sleeping on it
as much anymore and big investors are
starting to
dump millions and millions of dollars
into it and they're going to continue to
dump millions and millions of dollars
into this brand new
groundbreaking technology like let me
let me also say that
voting could be blockchain um a lot of
the stuff that we do can be converted
into blockchain technology
so that we the people have more control
over it instead of it just being like oh
well i trust the government to say that
this is legit i trust the government to
always honor this dollar i trust the
good
you know we're taking the control back
to us so blockchain is really it's more
than just
bitcoin or crypto thing it is like a
it i heard someone say it is a mix
between philanthropy
currency and technology so it is like
crazy when you buy a coin a any sort of
um crypto coin you are investing not
only in a currency
but a technology as well so people make
um
coins for all kinds of things like
darren he was talking about how he wants
to make a coin for his
ocean cleanup company i guess
project or whatever and it's just it's
just a whole new way to think about
how we spend and interact with each
other it's so cool it's so hard to
explain
because there's so much to it but it is
so cool so hopefully that gave you a
little bit of an insight or at least
enough to go off of so that you can do
your own research like right now i'm in
a phase
where i'm just doing so much research
trying to learn as much as i can
about this brand new mind-blowing thing
you know so now i'm gonna move on to how
you can actually get involved with
bitcoin because i think
you can pretty much safely buy it like i
had some extra money sitting in my
savings account and i put that all into
uh my i bought bitcoin with it um two
days ago and i'm already up
200 so i mean it was just sitting there
i put it into bitcoin instead and now it
has gained 200
i mean there's no better savings account
than just buying some bitcoin and
letting it
only okay i'm not a financial advisor i
am
brand new to the space if you only take
my advice and you start to do things
just please don't do that because i am
so new and i'm learning every day
and i'm not gonna be able to update you
every single time i learn something new
um but you can learn with me and um
yeah this is just a very foundation
level okay
but i personally am dumping money into
bitcoin
and the way you do that is you open up a
wallet so you have to have a wallet to
buy any sort of crypto
the most popular wallets you hear about
are coinbase paypal
cash app and robinhood those are all
platforms that you can buy bitcoin on
however i do not recommend those because
those are
very regulated platforms so it
the point of bitcoin is that it is um
also
untraceable which is hard for me to
explain so i'm not even going to get
into that
but it's it's untraceable it's
decentralized so it's taken away from
the government but
if you buy it on coinbase or something
like that the government can see how
much money your your bitcoin is making
they can tax you on it like it's
it's kind of not what the un intended
purpose of it was when it was created
so i for that reason i don't recommend
using coinbase and stuff like that you
can buy it on coinbase and then
um move it to a more
a decentralized wallet if you will um
and
some recommendations for that are uphold
and
trust wallet um there is also two more
that
those are the two that i have been
looking into i think i'm going with
trust wallet
um but not every wallet offers every
coin
if that makes sense so just look into
what coins each wallet
offers but i think i'm going to trust
wallet for now
and um some other ones recommended are
gemini and meta meta
wallet meta something wallet i'll link
them down below
again those are decentralized wallets so
you can actually play with bitcoin the
way bitcoin was intended
which is a low-key you know what i mean
behind the scenes and another thing with
uh coinbase or paypal if you buy bitcoin
through there you don't actually own
the bitcoin um paypal owns it so if you
put two thousand dollars into bitcoin
through your paypal account
paypal is the one that owns the bitcoin
so they're buying bitcoin
on your money you're basically loaning
the money and um it's just not
as secure i mean we're gonna expect
paypal to
honor our commitments or our you know
payments of this bitcoin but honestly
you just never know so
it's better to have an actual wallet
where the bitcoin
goes straight to you it doesn't go
through that like
third-party person now i've been sitting
here like
what can i do that i can buy more
bitcoin because i just want to buy and
hold as much as possible i mean
bitcoin is at 28 000 right now people
speculate that it will hit 30 000
before the end of 2020 which is you know
this week so probably hit 30
000 in the next couple of days and there
i've heard the big heads say that um
bitcoin
is expected to hit a hundred thousand
within like the first quarter
of 2021 so the beginning of next year is
just going to skyrocket out of the roof
that is the speculation okay the only
thing i am sure about in this life is
that jesus christ is my lord and savior
everything else
in this world is speculation so again
take this information
lightly and invest what you can but
i'm over here like how can i sell
everything i own so i can get as much
money as possible
put it into bitcoin and just make the
money right now i'm trying to make
actual
cash off of it so i'm trying to make
money off bitcoin and then convert it
back to us dollars which is kind of like
whatever but i don't know we'll see what
happens right now i just know that it's
the time to get in
at a lower point and ride the wave
on up if i have five thousand dollars
that i can invest in bitcoin
um before it hits a hundred thousand
dollars and then
you know i rack up all this money and
then we really start to see the
integration and how i can actually use
bitcoin instead of regular money
i might just keep the bitcoin you know
what i mean and not take the money out
so we'll see what happens next year is
going to be an
amazing year to see how technology and
this
shift is going to play out so you can
buy bitcoin through a wallet now my
strategy with buying right now is
putting in as much as i possibly can
just to hold in my wallet just to hold
in my wallet
so like i'm buying bitcoin keeping it
but i also know there's a lot of
opportunity to make a lot of money to
put
into it again if that makes sense so
since i'm a forex trader and probably a
lot of you are forex traders we have
forex brokers i use hugo's way
and they allow me to trade bitcoin so
basically hugo's weight allows me to
borrow their money
and trade bitcoin which means i can buy
bitcoin with ten thousand
hundred thousand dollars you know
through hugo's weight
and take in that money those gains so
that is something that i'm looking
towards doing i'm just what i'm thinking
of doing
is because i don't want to risk it all
you know trading big things like um
the us 30 or bitcoin stuff like that
they are very they can be very volatile
and they can be very expensive so
i think what i'm gonna do is i'm going
to start another
forex account put in about two three
hundred maybe five hundred dollars
and just go like for the little gains
that i can get throughout the day until
i can build that count up
like crazy strictly off of trading
bitcoin so that is what i'm looking to
do if you guys want to see that
but everything is just moving so
fast um but that is my strategy so
that's something that you might consider
as
well but you know never invest more than
you are willing to lose don't put your
last
thousand dollars into an account if
that's all you have because
this is a very volatile market although
i think it's going up
when you trade with large amounts of
money you have to be precise
with your entries okay it might be going
up in the next three days
but if you get to a point where price is
pulling back in the next couple of hours
you are going to be
screwed so do that very carefully that's
just something that i'm going to be
doing
um and i think that is everything i
wanted to say
more than a million dollars at some
point in the future
so there is a limited amount of bitcoin
and only so much gets
released at a time so right now we don't
have all the bitcoin
in the world and even some of the
bitcoin that has been released in the
past since it started being
um mined a couple years ago has been
lost forever so even though there is 21
million bitcoin as the cap
um we might have already lost a couple
thousand in the
in the internet you know what i mean so
it is a very limited resource which
means i think it can be very very
expensive
um i think it can be that way as well
because it is also
a precious thing like this is a point in
history you know how people buy
charizard cards pokemon cards for
hundreds of thousands of dollars because
you have the first like limited edition
i think bitcoin is also gonna have that
appeal as well
other than the fact that it is this
really cool technology and the
technology that we will probably be
using
um so i yeah i think there is a lot of
value definitely more than 28
000 at least so um yeah
i i do think it can in the next 50 years
when all the bitcoin is released
i think it will be worth a lot but you
know we have 50 years to figure that out
right now i'm just focused on the next
couple of weeks and
that's a wrap on 2020 you guys
i could cry i'm telling you this has
just been a year where
i think we have seen extreme highs and
lows
as a country as a world you know what i
mean we've seen such
crazy shifts we've seen what can happen
when everyone is
locked down everyone is on the same page
like it is
it has been a crazy crazy year but one
thing um you know
god's i've heard this quote it says
god's people always prosper
in times of you know scarcity and and
fear for the rest of the world
and i definitely think that's 100 true
this year has been nothing but blessings
on top of blessings on top of blessings
for me
and i don't take that lightly at all i'm
very very grateful
to god for that um you know in hebrew 20
means blessing so this
technically you know was the year of
double blessings and i think i received
quadruple triple thousand blessings
um so it has been a year where we've
really seen
the raw power of of
doing stuff and we've that that sounds
like
such a cheap thing to say but um we saw
what can happen and how the things that
we have always thought are
secure and surefire things are actually
not so it's just been a crazy year
and um i hope that you will be blessed
and continue to stay blessed
um going into this next year and that
you really always look at yourself and
remind yourself that you
are a very important human being like
there's a reason that you are born
there's reason that you are alive today
um and and this world as black and white
as it may seem is actually extremely
colorful
and when we the people work together and
we believe in ourselves
and we don't put our beliefs on you know
these old
government systems these corporations
these things that have always been
and we put that belief back into the
fact that we are actually people to
people i can go to my neighbor and
accomplish amazing things
um especially with god then i think we
can just
continue to see an absolute amazing
shift in the world i am just
so happy i am a serial optimist so
you're always going to hear me say
things like that have an overwhelmingly
positive perspective
but yes i don't know i just think it's
good
good vibes 20 20 20 21.
you know all of you that are watching
this are here from this year that's so
crazy
like you are my my new internet family
my new internet peeps
all from this year i just can't i'm
kidding i'm gonna cry
i'm gonna get emotional um thank you
guys so much for watching again
use caution about everything i've said
i love you oh
another thing i want to say is invest
consistently over time
okay people are gonna like if you don't
have a thousand dollars a hundred
dollars to put into bitcoin right now
put in as much as you can if you can
only put you know twenty dollars every
single day or
every single week then that's gonna add
up and like i said
i truly believe and everyone truly in
the crypto space believes that bitcoin
is going to the moon
so anything that you can put in can grow
um i grew 200
in a day off of a 1700 investment or 15
hundred dollars at fifteen hundred
dollars then it grew to seventeen
hundred
so yeah it's gonna grow just put what
you can there's this quote by graham
stefan that goes something like
buy the market don't time the market and
consistently invest
over time and you will come out on top
99 of the time so yes that is