
Why I save 100% of my money in bitcoin at 29
I’m 29 years old, and 100% of the money I don’t spend is saved in Bitcoin.
Why? Because the classic “diversification advice” is actually flawed. And this video breaks down exactly why.
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Produced by: @getbasedtv
Director & Writer: Julian Figueroa
Editor: Benjamin Côté
that 4 wives joke got me subscribing
You forget to tell for someone who’s gonna follow your thoughts.
People are emotional unlike us, they will check their wallets daily, they might sell in bear markets in panic, they might buy more of their savings in fomo and sell in bottom again.
Please tell them they have to control emotions and trust thee market😅
100% agree with you on that one. Im watching crypto and stocks for the last +-8 years and the most loses i ever had were not from scamers, casino, stupid purchases or bad trades, but from no trades. I did some trades in the last years, but now i am 100% dedicated, hoarding cash, living with low cheap standards, working overtimes in the best payed job / industry (that i am able to get), and waiting for the bear market, just to went all-in. No more waiting and fear.
I will be retiring in a dang castle
Bitcoin is a scam you dumbass
Found me the Canadian Andrei Jikh. 🙂
I Have my savings in BTC. I used to have it in a bank but then I started educating myself on BTC. Liquidated my 401k, IRA, and I have moved my savings, which was doing absolutely nothing in a bank with a 4% interest rate over to BTC. Never looking back!! I plan on holding next 20+ years. Each week I buy a little bit more. If you spend 50 bucks on coffee a week why not just buy 50 bucks of BTC each week? Or heck even 25 bucks each week. At least your money isn’t gonna get stripped if it’s value while sitting in some bank with cobwebs somewhere.
I’m going 100% on BTC too. Just waiting for a good time to buy.
Is 1000dollar enough for retirement
in those examples they control the company. u don’t control btc. no one knows about future that’s why we diversify
It’s volatile, but if you put it away for 4 years it grows at %50 per year
Bitcoin has a huge problem though. Because it is finite, there will be a point where there will be no more dividends on mining it. Then there will be almost no miners and the blockchain hashrate will go down. The whole system will fail at some point.
Also Bitcoin itself doesn’t create anything. It’s entire value is built on trust. It’s virtual.
Bitcoin also has one of the slowest transaction speeds among all transaction systems. It has 7 transactions / second being the slowest in the world.
I was reviewing a partnership agreement for a real estate deal and something about the structure felt off- like the profits were invisible but the control was absolute. My attorney said, “This is family office-level structuring.” I didn’t even know what that meant until I read How the Elite Print Their Wealth. Suddenly that contract made sense. It wasn’t about owning- it was about positioning. I realized the rich don’t win by being on the front lines. They win by being above the battlefield entirely.
Do you Guys take 80 % out after the Bull Run and Reinfest after the Crash?
lol aged like milk
Bitcoin should be part of everyone’s portfolio, previously it was 1-2%. Now the allocation can be higher people even say up to 40% Bitcoin should increase about 56% compounded. It has done more than this over more than a decade. S&p 500 and Nasdaq will still give around 8% compounded over time. Bitcoin is digital gold. Is being more scarce every 4 years as rewards are halved. 21million total and now more countries and Governments adopt it. Etfs and treasuries are buying so the volatility will reduce but long term it will outperform everything. Just buy what you can then hold for 20 years. I’ve personally benefited from following Adriana Mcgrath’s trading tactics, amassing 41 bitcoins in a short two-month period, which speaks volumes about her expertise.
May I know if no emergency fund, will you sell Bitcoin if need emergency money ? Or how you will handle this matter? Thank you for your great content 🙏
everyone should.
Fantastic video!
great sharing
From $37K to $45K that’s the minimum range of profit return every week I think it’s not a bad one for me, now I have enough to pay bills and take care of my family.
LOVE YOU MUCHISSIMO🥰🥰🥰🥰🥰🥰💝💖💗💗 You are the Greatest MI Hijo Precioso
Not a fan of those BTC videos in general (even tho I’m all in… but easy for me) however really cool that finally someone is like ‘not a financial but… yeah it is" because all those contents are actually always financial advice, it’s not because people are shouting they are not giving financial when they do that they can be using this a free jail card (not that it would go down this road tho lol) – refreshing 😉
Good video
But is not bitcoin haram cus i dont acrually own any physical stock of someting which i am buying, cus if i buy something i must gain it;s ownership and on the other habd bitcoin does not give me any kind of actual ownership which i can carry or move.
Hi dude ! How do you create a redeem qr code as you did ? I don’t find this features on wallet of Satoshis, nor muum, nor bitkit.
I LOVE THE NEW JULIAN SHOW
bitcoin!!! hold hold hold!!!!
every video you post is PRO bitcoin. What are the downsides of it? if it sounds too good to be true is because it is.
Why I save 100% of my money in Kaspa. Because Kaspa is better than Bitcoin 🙂
Alright. No one cares.
Smart
Great job
And if you are wrong ,you lose everything)
i sold my house my kidneyand my car and put it all in btc 🙂
Underrated Chanel 😢
The 4 wives reference and the location 💀
muslims may only get more than one wife if they 100% can provide for all of them and usually all the other wifes besides the first are widows or women that wont be able to take care of themselves. so there you go.
Why are you incentivized to tell others to buy? Why not spread the worst possible propaganda against bitcoin so you can buy more cheap? Why not leverage to buy even more? Matter of fact you look like you still have both of your kidneys that’s 1.2 bitcoin you could have.
HAHAHAHAAHh The wives joke with that background was PERFECT!
love this channel, just curious as a fellow canadian where in canada are you from?
well well well
I have a diverse portfolio: metals, Bitcoin, food, and bullets.
Best thing you can do. In 10 years you’ll thank yourself.
How can you live day to day and pay bills if you put all your money into bitcoin ?
Excellent advice
Diversification has to do with maximizing your Sharp Ration without losing Returns + people need some safety. You have bought your car in Dollars, not Bitcoin. Bitcoin lost 50% of its value and mroe in every crisis … there are good reasons why not everyone can and should invest 100% into 1 asset.
I see *Survivorship Bias*, nothing else. Let’s make epic videos about people who got rug pulled, scammed like with "Wirecard", invested all their money into failed meme coins, Pokemon Cards and NFTs. Bitcoin has succeded bc enough criminals and poor souls believed in it. Like Orks in Warhammer 40k: bc you believe in it, it starts working.
Main critics about very slow and expensive transactions, costly mining, quant computing doom, having to change it in FIAT money for doing anything wiht it etc. are still standing.
I still don’t know why you bough it, I know why you wanted to begin investing, but not why it had to be bitcoin.
Great video brotha!
Young man, keep it up and you can retire before 45.