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Speaker 3: Bitcoin has reached an all time high. Yes, full time high.
Speaker 4: Alert finally fastly approaching seven sixty nine thousand dollars. Mike
Speaker 4: change change the title to Bitcoin has reached all time high.
Speaker 2: This is live.
Speaker 3: This is a moment.
Speaker 4: This is a moment in history, and it's happened during
Speaker 4: market Monday.
Speaker 3: Because this is God's favorite show to the facts from
Speaker 3: your mouth toys, So being at this is a moment.
Speaker 4: We have to take a moment to talk about the mighty,
Speaker 4: mighty Bitcoin. It's been a tremendous ride with all you
Speaker 4: crypto enthusiasts that said that we haven't talked about bitcoin.
Speaker 4: I don't know where that comes from. If you type
Speaker 4: in bitcoin or crypto on Earn your Leisure's YouTube channel,
Speaker 4: there's over seventy two videos that come up, dating back
Speaker 4: over four years. We've always talked about crypto. We've talked
Speaker 4: about crypto with Hell Harper, with Bitcoin Boy, with Mike Novagrats.
Speaker 4: We've talked about bitcoin. We talked about ethere you and
Speaker 4: we talked about ripple.
Speaker 3: We've talked.
Speaker 4: We've talked about it, We've talked about it, we've had
Speaker 4: classes on it, We've had a whole thing. Okay, So
Speaker 4: what's what's the deal? Bitcoin all time high? Where does
Speaker 4: it go from here? Is it a good time to invest?
Speaker 4: Will it pull back? What will happen after having I
Speaker 4: think one of these banks and that after having bitcoin's
Speaker 4: going to have a major pullback. So everybody's talking about bitcoin,
Speaker 4: But we're here to educate people on the best and
Speaker 4: most intelligent ways to make money. So what is the
Speaker 4: science when it comes to bitcoin?
Speaker 5: Well, two reasons is going up a hell of a lot.
Speaker 5: Fan favorite amongst the people because they want to be
Speaker 5: detached from the banking system that has been feeding us
Speaker 5: for one hundred and fifty years, and then the banks
Speaker 5: came in and bought the majority of it up. I
Speaker 5: said earlier, black Rock and Fidelity have seventeen point eight
Speaker 5: billion worth of it. Currently I'm hearing by summer that
Speaker 5: number could be up to twenty four billion worth. But
Speaker 5: the emergence and insurgence of bitcoin is reflective of how
Speaker 5: much people hate banks and the normal financial institutions that
Speaker 5: we have right now, like New York Community Bank Ticket
Speaker 5: NYCB is falling apart. No one wants to talk about it.
Speaker 5: It's currently at two dollars and seventy three cent and
Speaker 5: twenty two thousand and four is at thirty five bucks,
Speaker 5: like this is a dot com level crash that no
Speaker 5: one is talking about. For fifty years, they told us
Speaker 5: only seven and twelve percent was possible, And on some
Speaker 5: days some cryptocurrencies get fifteen to thirty percent run inside
Speaker 5: of a day. I think we are seeing a changing
Speaker 5: of the guard, that people are becoming in power.
Speaker 2: Shout out to all of you that bought in.
Speaker 5: When I told you at twenty eight thousand and twenty thousand, Yes,
Speaker 5: I'm anat my back. Stuff on the back for that
Speaker 5: if I made you money, Please put yes in chats.
Speaker 5: How far do I think you could go? Do I
Speaker 5: think it hit one hundred thousand this year? Probably not.
Speaker 5: I think it'll pull back. Connects you, it will for sure,
Speaker 5: But I think we should get to like eighty six thousand,
Speaker 5: four oh one if we stay at this pace by
Speaker 5: end of year.
Speaker 2: Would there be a pullback?
Speaker 5: Yes at some point, But continue to buy the thing
Speaker 5: that I want to streuss in stocks, bitcoin, anything that
Speaker 5: you believe in by every month and every quarter and
Speaker 5: you will be fine. We've talked about dollar cost averaging.
Speaker 5: You don't need more information, you need more execution. Please
Speaker 5: put more execution in chat. Shot that Joe Joe screamed
Speaker 5: it shot his name was shot right, rashard Joe's up
Speaker 5: on bitcoin and Microsoft great, keep buying. I want to
Speaker 5: pick the number and put it in chat. How much
Speaker 5: will you buy every week? Ib i T is an
Speaker 5: option if you cannot afford it. GBTC is a good
Speaker 5: option as well if you want exposure to bitcoin. Those
Speaker 5: are two that you can pick up on the equity side,
Speaker 5: but continue to invest for the long term. I know
Speaker 5: twenty twenty two was rough for bitcoin. I know its
Speaker 5: hoving around thirty thousand and forever. Is now the time
Speaker 5: to buy? No, it's at an all time high. No,
Speaker 5: you gotta gotta wait for it to pullback. I'm sorry
Speaker 5: you didn't listen for the last year. We talked about
Speaker 5: it here. They talked about it with the over at
Speaker 5: black Rock, we talked about it at Investment like pick
Speaker 5: how much you're gonna buy every month or you're going
Speaker 5: to miss out to be upset. We're almost at four
Speaker 5: years and doing the show we talked about bitcoin year one.
Speaker 5: Have you bought enough my four bitcoin ethereum xrp XLM.
Speaker 2: You'll be good.
Speaker 5: It's all coin season coming. Yes, all coin is gonna
Speaker 5: come as a result. But I'm really worried about the banks,
Speaker 5: in the same fashion in which I'm worried if sports
Speaker 5: betting gets hot enough, it's going to put pressure on
Speaker 5: the passive market. I think banks are dead, Like two
Speaker 5: things I want to talk about in the future, the
Speaker 5: death of the NBA and the death of the traditional.
Speaker 3: Bank the NBA Basketball Association.
Speaker 2: No, no, no, MBA.
Speaker 5: Oh business school, No no, no, I'm not I'm not crazy.
Speaker 2: But like if you look at Bank of America.
Speaker 5: Bank of America last high was in two thousand and six.
Speaker 5: They've done okay. I think Morning hands a great CEOs
Speaker 5: at thirty five to fifteen.
Speaker 2: But if you've held all this.
Speaker 5: Time, you got better man, you got better returns and
Speaker 5: light coin back in the day, let alone ethereum or ripple.
Speaker 5: So I think we're seeing a changing of the guard.
Speaker 2: And because my.
Speaker 5: Same issue with Apple, it's they're not innovating for three
Speaker 5: months now. Banks have had this issue since two thousand
Speaker 5: and seven. Two thousand and eight, when the crash happened.
Speaker 5: Everyone was expecting the banks to do better about the people.
Speaker 5: And when everyone got bailed out and went back to
Speaker 5: business as usual, right, and then here comes crypto to
Speaker 5: save the day. People want higher returns as inflation is
Speaker 5: going up, and I keep telling the banks that if
Speaker 5: you don't make any adjustments, the crypto space is going
Speaker 5: to eat your lunch.
Speaker 2: And here we are.
Speaker 5: And because since black rocks guard for delity, he've for
Speaker 5: gotten in I don't think this traind is gonna stop anytime.
Speaker 5: Someone I got to go into eighty six thousand and
Speaker 5: some change by the end of year.
Speaker 3: So okay, Mike, you could okay, Rashard shout out to
Speaker 3: Joe Button.
Speaker 4: He okay, you don't put you you don't buy any
Speaker 4: investments at all time high. That's the goal there, never
Speaker 4: unless you're dollar cost averaging, which that's what Joe said
Speaker 4: he was doing right two fifty a week in bitcoin.
Speaker 2: Yep.
Speaker 4: So all right, so let's just let's just do this
Speaker 4: because this is seventy five hundred people on here right now.
Speaker 4: So somebody I'm assuming that a lot of people are
Speaker 4: not invested in bitcoin, but they're thinking about they want to.
Speaker 3: Invest in bitcoin.
Speaker 4: Should they a start right now and dollar you should
Speaker 4: not just put a lump summer money and we established it.
Speaker 4: Should they a start right now and just start their
Speaker 4: dollar cost averaging if you don't know what dollar cost averaging,
Speaker 4: and that's when you put small amounts of money in
Speaker 4: on a weekly or monthly basis. So you put one
Speaker 4: hundred dollars a week in or you put three hundred
Speaker 4: dollars a month, whatever you can afford. You know, you
Speaker 4: just do it every single time, every on the fifteenth
Speaker 4: of every month, for every two weeks. You don't think
Speaker 4: about it. It's discipline. It comes out and that's that.
Speaker 4: Or or should they wait for a pullback, because a
Speaker 4: pullback will happen at some point in time.
Speaker 3: We know that.
Speaker 4: But should they wait for a pullback to happen and
Speaker 4: invest And how do they know what's a good pullback
Speaker 4: to investor?
Speaker 2: I like it or a that should do both? So
Speaker 2: I'll give three prices.
Speaker 5: A well, I like that, I like it that fifty
Speaker 5: four six, I like it that fifty thousand and five
Speaker 5: eighty eight. And if you're chasing, just like fifty nine thousand.
Speaker 5: If it does not get there by the twentieth of
Speaker 5: this month, I would just put a thousand in every
Speaker 5: month and accumulate or whatever you can afford or whatever.
Speaker 5: But I'll speak to the man, make the sacrifice and
Speaker 5: put the thousand a month.
Speaker 3: In well everybody, because everybody doesn't have a thousand dollars
Speaker 3: a month.
Speaker 5: They do when it's time to go have sex, going dates.
Speaker 5: I don't want to hear this no more, y'all. I
Speaker 5: want to hit this shit nough, like what are we doing?
Speaker 5: We're talking about?
Speaker 2: And for the ones who don't, they're probably not watching
Speaker 2: this show.
Speaker 5: But I would double up, or I would message us
Speaker 5: and be like, hey, I'm a open AI chat GBT expert.
Speaker 5: If y'all can get set up the corner play where
Speaker 5: I can get seven hundred agents working for me at
Speaker 5: one time.
Speaker 2: Or I'll pay you fifteen rand a month for that.
Speaker 5: You have to go find ways to hustle to accumulate
Speaker 5: more money.
Speaker 2: But you're right.
Speaker 5: If you can't afford a thousand, do two fifty, but
Speaker 5: find a way to make the thousand, because off of
Speaker 5: that thousand and five or six years, for every thousand
Speaker 5: you put in, you should have five or six thousand back.
Speaker 4: So let me ask you this, because we talk about
Speaker 4: stocks most of the time, what should be the makeup
Speaker 4: of somebody that's looking to invest.
Speaker 3: Right, let's say they have a thousand dollars let's just
Speaker 3: keep it a round number. They have a thousand dollars
Speaker 3: that they wanted to invest every single month.
Speaker 4: What's the makeup between stocks and crypto or bigcoin?
Speaker 5: You can argue that the new sixty forty should be
Speaker 5: sixty percent stocks and forty percent crypto. I think the
Speaker 5: bomb market is in shambles and no one wants to
Speaker 5: talk about it. The bomb market has been falling apart
Speaker 5: Damia since twenty twenty and has not recovered. Dot Com
Speaker 5: like crash, So I would do forty percent crypto if
Speaker 5: I if I'm less younger than forty years old, I
Speaker 5: would do seventy thirty If I'm older than that, and
Speaker 5: then have exposure that way that that would be my
Speaker 5: split on my matrix.
Speaker 2: And what do you think about?
Speaker 3: Because this is what happened.
Speaker 6: And I'm sure for a lot of people who are
Speaker 6: beginners in the crypto space, they'll see Bitcoin at sixty
Speaker 6: eight thousand, and then they'll start discovering some of these
Speaker 6: other coins ethereum obviously at thirty six hundred.
Speaker 2: What are your thoughts of baby those yet hold on?
Speaker 2: Because that's what's gonna happen.
Speaker 6: They're gonna say, I don't have money invested that, where
Speaker 6: can I find somewhere where I can get a percentage?
Speaker 6: Then you start investing and then all these shit coins?
Speaker 6: What was I mean i'veset it before?
Speaker 5: I like those you have six set, five set, if
Speaker 5: I mean it went there a few months ago, it's
Speaker 5: at twenty one. If you're going to do like some
Speaker 5: of the shit coins like, you have to know that
Speaker 5: they're only trades.
Speaker 2: Get in it out three months, six months.
Speaker 5: If you triple your money or quintumple your money, get
Speaker 5: out and then put it into a bigger player like XRP, Bitcoin, ethereum,
Speaker 5: something safer.
Speaker 2: But you have to have discipline. If you choose to gamble,
Speaker 2: that is on you.
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