WTF Just Happened To Bitcoin?!
Go to for 4 extra months of Surfshark at an unbeatable price! Thanks for watching! | Let's discuss Bitcoin, dollar cost averaging vs lump sum investing, price predictions in 2025, and what this means for you – Enjoy! Add me on Instagram: GPStephan
SUBSCRIBE TO MARKET SENTIMENT NEWSLETTER HERE:
TRACK THE TOP 10 CRYPTOCURRENCIES OVER TIME:
GET MY WEEKLY EMAIL MARKET RECAP NEWSLETTER:
CRYPTOCURRENCY RISKS:
As The Market Sentiment Blog points there, there are 4,300 publicly traded companies in the United States – but there are more than 15,000 different cryptocurrencies – and, of the more than 40,000 coins that traded in an exchange at least once in the last 10 years, only 38% are still alive.
In terms of buying Bitcoin, since 2013, “If you invested a lump sum into Bitcoin instead of DCA, you would have come out on top ~66% of the time. Since Bitcoin has extreme volatility, DCA outperforms only during drawdowns.”
WHY BITCOIN HAS INCREASED IN PRICE:
The community is rather bullish on a new proposal that would support, rather than criminalize, cryptocurrency by creating what’s known as a “Bitcoin Reserve.” This was initiated by senator Cynthia Lumis, that “would make the United States the largest government Bitcoin holder, equating to about 5% of the network’s total supply—similar to the country’s stake in global gold reserves.”
It's also said that “We want to make sure that we have the openness to having bitcoin as part of the Federal Reserve and as a reserve asset because of its potential for appreciation and because of its potential to allow America to set the financial standards.”
WARNING TO ALL INVESTORS:
When it comes to 99.9% of Cryptocurrency, it’s the Wild Wild West, anything can happen, and you need to be prepared to lose. At the end of the day, I don’t mean for this video to discourage anyone from wanting to participate – but, I want it to serve as a reminder that this type of investing is inherently risky, and by understanding why so many people lose money, you can better adapt your own style to one that’s sustainable – and hopefully – profitable.
I think it’s just a good trait to hear different perspectives, hear people out, and be open to the idea of something new. I think maintaining an open stance, doing independent research, and then forming your own opinion will go a long way for everyone watching.
The YouTube Creator Academy:
Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: – $100 OFF WITH CODE 100OFF
My ENTIRE Camera and Recording Equipment:
For business inquiries, you can reach me at grahamstephanbusiness@gmail.com
*Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This is not investment advice.
-Thanks to SurfShark For Sponsoring This Video – Go to https://surfshark.com/graham for 4 extra months of Surfshark at an unbeatable price!
-Check out one of my sources here for providing some analysis that was used within the video – https://www.marketsentiment.co/
look at $MARA stock! largest american USA BTC mining company
@Grahamstephan Did you ever invest in Kevin Oleary’s O’Shares stocks/ETFs etc ??
Speaking of hackers. I hope you can get your Facebook account fixed. I’ve noticed some unusual posts with links from your Facebook page, Graham.
Look up the concept of Bitcoin dominance.
This is why alt coins don’t pump.
This video reminds me of why I like you.
I love coming to these videos years later to laugh at the people that said bitcoin was foolish
The ones from 2016 are really eye opening!
Nah, the foolish ones are the people who put their money in the bank Graham promoted.
It’s still foolish, and is worth nothing
@@FireMedicGJ Good luck with that!
@@FireMedicGJ you don’t understand how value works do you smh
Crazy thing is that my dad was an IT guy back in 2010 and he believed in BTC and bought like 100 bitcoin for like 100 dollars but since then….. we can’t find the cold wallet. I’ts ripping me apart and my dad is mad.
Wow!! I hope you can find it! I had 0.1 Bitcoin on a card I received back in 2013…can’t find it either.
@@GrahamStephanWe all can’t seem to find those lost wallets that are worth a lot now🥲😂
How did he lose the cold wallet??? You protect that above all else hopefully you wrote down the seed phrase so you can recover it that way
As a stranger… I hope you find it and sell a huge lump some and get back it when it falls.
Don’t let the money change your family! If YOU find it sell and act like you haven’t found it and support your family financially.
@@GrahamStephan
Pre 2000: Scared money don’t make money
2024: Fake money makes money
all money is fake
@@raygrenade1697lol whats funny is fiat is backed by nothing and has no intrinsic value , its actually not worth the paper its printed on 😂
@Bugginout79 it’s backed by a government that governs land people and resources. Wtf are u talking about
@@SpicyBean-k9s the fed can print money whenever they feel like it. As they did during covid. The money supply is infinite, its literally backed by nothing. When it was backed by gold, (before 1971) the supply couldn’t be manipulated to the degree it is today. Bitcoin fixes this
Your US dollar is fake bro
There is only Bitcoin. 10 years ago Bitcoin was $3 it’s now $91000
What’ll it be 10 years from today?
@@GrahamStephanProbably not as expensive as your tesla roadster. What’s the white car in your video?
@@GrahamStephan Over a million or next to nothing. 😉
@@Swanseaguy1979 Ford GT40
@@Swanseaguy1979 Ford GT. I assume it’s broken down since he parks it in his house. JK 😂
People using fiat as a store of value – we call them poor.
True, money is not a store of value, its a trading tool and is only valuable in a strong economy, you should never keep too much money, spend it and keep the rest in store value like gold and bitcoin or even better in my opinion productive assets like stocks
Because it’s inflationary in nature lol
and yet you use fiat currency to gauge the value of your coins….badum tshh
@@MetaDove😂😂 I was thinking the exact same thing
– Michael Saylor
Here come the normies talking about bitcoin at all time highs
Yep
We need that! By the time they find out and buy, you have to be ready to exit at least some of the gains.
Precisely what I had to say… exit liquidity.
@@johnnybravo7490 I’ve already started taking profits 😉
Buy High Sell Low, that’s law baby
This man waves his arms around more than a wacky inflatable balloon man
Helps with retention 😂
@@GrahamStephan sea men?
@@ps2beck 🤣🤣🤣
don’t go to Italy
He is trying to learn how to be relatable
Just remember, because it happens EVERY DAMN TIME, bitcoin goes parabolic, everyone jumps in at the top and it collapses 40%. If you miss getting out at the top, hold tight. You’ll have a second top and another collapse. Like clockwork.
Key, is higher highs and lower lows
Never hit previous ath so fast, never barcoded so long before parabolic. This cycle is different.
Buy high sell low, repeat.
Supply shock coming to a theater near you. Things will be different moving forward .
@@weeohreviews6657 sell low? you mean buy low sell high
Just remember, whatever happens, NEVER support a digital currency supported or backed by any government.
Bitcoin isn’t backed by anyone
@@XxJoeswansonxX Just tracked 🥴
@@slhines7 welcome to 2024 everything is tracked bud
so DOGEcoin?
So we should gate keep blockchain technology from our own government?
Keep in mind graham Stephan was the one that was promoting FTX and look what happened after… Cryptos and this guy don’t mix well.
cold storage is your friend
Did the underlying assets FTX feature screw people over, or was the exchange itself responsible for those losses?
Derp.
Like it or not, this is a present. People used to say that BTC is future, it is not, it is a present now.
100%
It is still too early to say. What will happen after 2040? When last btc will be mined? No one knows.
Last Bitcoin is scheduled to be mined in 2140 but it’ll never be mined because mining will become unprofitable before then. @@freddiemerc9857
@@freddiemerc9857 the last bitcoin will be mined in 2140 over 100 years from now
@@freddiemerc9857 It will be in 2140. Everyone here right now will be long dead.
The feds broke into a mans house, killed all of his pets, and arrested the man. Peanut the Squirrel… RIP.
that didn’t happen
The squirrel was a CIA agent gone rogue. It needed to be naturalized. It has plans to demolish hoover dam and had ties to a Mongolian terrorist organization. Do your research.
@@TheJimmyCartelit did. Search the news. They euthanized two pets (not all) that a guy rescued.
>Squirrel gets klled
>Elon Musk tweets about it
>Binance listing
@TheJimmyCartel it literally did.
The concept in “Mastering the AI Money Game” book completely explains market. Trend is changing with AI
Any thoughts about Quarden Token? I myself think it’s the best thing since sliced bread.
Quarden Token is launching, 1000x gains. Thank me later…
I believe Quarden Token will go 100x after launch on Binance
Quarden Token and amazon signed a partnership. It will blow up once it hits mainstream.
Quarden Token is awaiting major CEX listings. It’s possible to hit 100x this year.
Bitcoin has a production cost like gold. Historically bitcoin has bottomed in every bear market close to its production cost in 2022 it was 17k. Right now the production cost is 49k. Also it’s hard for me to see a world where central banks allow that amount of deflation. We are more likely to see hyperinflation than significant deflation with the fiat regime constructed the way it is. In 1929 they had to sever the peg to gold and debase. Today they don’t have to do that at all they just start printing. I’m gonna say a sub 5k call for BTC is head in the sand bearish but as always I reserve the right to be wrong…… I have managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin. in the space of a few months… I’m especially grateful to Laura Brockman’s, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
SHE’S MOSTLY ON TELEGRAMS APPS WITH HER NAME.
@LauraBrockman
Nice info, i appreciate your concern this will help a lot especially to the young bitcoin investors who have no or lesser knowledge on how bitcoin market works.
The fact that i got to learn and earn from her program is everything to me think about it, it’s a win win for both ways.
Everyone needs more than a Basic Income to be Financially Secured in this present time that there’s an Economic Decline.