BTC Investing Wisdom w/ Marty Bent
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RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results.
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Dumb Money w/ Matt Kohrs
Track My Trades & Share Yours:
π https://mattkohrs.locals.com/
True Trading Group Education Partner
π TTG's Free 7-Day Trial: https://ttgshort.com/ttg3-moon
Track WallStreetBets w/ Tendies
π Retail Sentiment Sponsor: https://bit.ly/TendiesApp
Public Stock Investing Sponsor:
π FREE Stock, No PFOF, NO Market Makers: https://bit.ly/PublicKohrs
π¦ Clips Channel: https://www.youtube.com/c/MattKohrsClips
π¦ Rumble Channel: https://rumble.com/c/MattKohrs
πππ Ortex (7-day Trial): http://bit.ly/Ortex
πππ Options Picker: http://bit.ly/Tiblio
πππ Emoji Charting: http://bit.ly/TradingViewChartingSoftware
#Bitcoin #BTC #crypto
Please be sure to LIKE, SUBSCRIBE, and turn on them NOTIFICATIONS.
Let me know in the comments if there is anything I can improve on moving forward.
Thanks for Watching!
RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results.
Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
DISCLOSURE:
I have a beneficial long position in the shares of AMC & GME either through stock ownership, options, or other derivatives.
Get it you're invested in bitcoin. You love it. But are you dollar cost cost averaging at this level or do you think. There's still a little bit pain in btc and you're waiting to dollar cost.
Average. A bit lower than the current price of roughly is 20 ish k. Um. Again.
I don't try to predict price. I've tried to do that in the past it could certainly go lower certainly could not uh that's on our show. Rabbit hole recap one of the podcasts. I do my co host matt o'dell has been saying for years to stay humble and stacks at so a lot of my company revenues and bitcoin.
So i'm still invoicing in bitcoin month in a month out um. I have excess cash. I dump it into bitcoin as well um. I'm in always in okay accumulate as many sats as possible mode.
Satoshi assat is the smallest denomination of a bitcoin um. And yeah. So i mean i'll continue to be invoicing a bitcoin and buying bitcoin throughout the summer regardless if the price goes lower or higher. If it goes lower and i'm able to stack more sets um.
I'll be happy um. I won't depend on that. But yeah. I mean in the context of fed policy and bitcoin's existence in regards to that policy.
I mean the dollar system is is when you when you count like credit exposure. Hundreds of trillions of dollars of an ocean and bitcoin right now it's a 350 billion dollar market cap. I believe or around 400 billion um. So in the context of bitcoin compared to the dollar system to queen's a nat on the elephant's ass.
Where the elephant uh moves a lot and that could be affected um. But again. I think this is just a product of the nations of of bitcoin and where it is in its overall history. Which i think will be a very long one.
And so yeah. I see it as an opportunity uh. If it does go lower just add more sats um. But yeah.
I think the fed continues to raise rates. And you have these contagion events. Continue where you have a people. Delivering um to to get more dollars as interest rate goes up a lot if if there's a lot of leverage in the bitcoin system.
Still there could be more sell offs. But i do think with celsius tara three arrows and uh voyager now a lot of these blow ups happening. And we're seeing a lot of miners sell bitcoin and mass in the last couple weeks. I'm actually relatively surprised that the the prices held up this well uh considering all that and so i do think that bitcoin uh.
The bitcoin ecosystem is significantly delevered um compared to where it was earlier this year uh again i don't make any price predictions. It could certainly go lower uh could stay even it could go higher um. Maybe the goal should always be just to stack as many stats as possible in my mind.
I bought 1 Bitcoin at $17,800
πͺπΌ
BTC at $13
ETH at $800