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Is Bitcoin Now a More Stable Investment than Meta and Amazon?

#bitcoin#stocks#crypto#stable#amount
the transcript auto-captions · entered into evidence

0:00 thank you [Music] did you guys know that Bitcoin is now more stable than Amazon and metashares amid this strange low volatility that's going on in the market more stable so it's not like volatile like it was last year well so it's annualized right so so like yeah the the price volatility for Bitcoin sits at an annualized rate of 32 percent which is a sharp reduction from the all-time average of 71 so it's more stable now you know some people assume it's because more Bitcoin is distributed now like almost I think 90 of Bitcoin has been distributed 90 of the Bitcoin that will ever be minted has been uh distributed in our mind um and so maybe that's why bitcoin's prices settled out probably also it's

0:51 part of where Bitcoins are in the cycle of like its own personal cycle that it has doesn't it does that mean that like it won't you won't see those crazy gains like before if it's more stable there's a there's a lot of thinking behind it that that is possible Right like maybe the Market's so realized with Bitcoin uh I don't personally think so but that's my own personal belief but here's Bitcoin right now like being more stable than a lot of these other stocks like like Amazon meta wow right probably the banking crisis stuff probably helped out a lot too to make it more definitely and this might be a safer bet than leaving my money in the bank right now and that narrative really played hard actually like all these Banks were following guess what was going up right crypto yeah so um people believe that that's probably why but you know whenever you I really like this story because whenever you hear the name Bitcoin or crypto people always just hear like they hear

1:43 crash rise I wish I got some crap scam right it's not real yeah right all that but this is kind of like one of those things where you can see an example of here it is it's actually less volatile than a lot of these stocks up there what are your thoughts on this like well I believe in it so I think I think it's um you believe in it so it's like a religion whoa that makes me more money than yeah it helps you out yeah right yeah how do you look at it versus like traditional stocks or tradfly um like you look at traditional stocks it's I think I think all of it's similar just depends on where the market's at what's is the crisis happening in the world or something happening you know things move around and it's just seeing Bitcoin over the years and watching at your light table it's it's not going anywhere and

2:35 those bank I think this banking thing and and during the pandemic also reassured me a little more that I'm like okay I'm gonna stick with this do you have uh stocks too I do and both yeah do you like have a certain way like I like this percentage in like stocks this percentage and crypto so I think I'm still trying to learn it because I'm still a lot I think I've only had a few years in it in it so I'm just still like testing the market um playing my percentage is how much I put into each one just paying it depends on what Market State we're in What's Done better for you personally um take us inside crypto's definitely taking me making made me a good amount of money yeah oh yeah wish I could say the same I don't know well we made a lot but that's in the past tense yeah yeah it's a different time now a little bit what's your take on the current market

3:26 um we'll see I guess I'm I'm just holding steady right now I'm just painting is watching daily and see what happens there's like everyone's doing that are you a hodler yeah are you a daily cost average man DCA that's what that's I just I'm just trying I'm just trying to be smarter watching the last few years happen not trying to chase but everyone's chasing it when everything goes up like goes crazy and just keep dumping like you know the younger kids which Dogecoin you got too much you dump it you went all in Pepe because I did not go Pepe at all but did you see a lot of my friends the younger kids were going in on it did you see that class action that's going against Elon right now for the Doge yep you said that you would buy during dips like how much do you buy when like a dip happens I just

4:16 I guess just depends on my comfort level how much it dipped and where you know I think when I dropped down to 13 15 grand I think I bought it I bought a pretty good I bought a pretty good amount at 13 Grand yeah so you already took us from there from just that jumped on this way right now it's like what's a pretty good amount yeah a give or take yeah within a couple cents yeah just say with this face too and throw it away six figure numbers great amount so anywhere from 100K to 900k yeah somewhere in there that's not a lot at all that's a small amount yeah that's probably the smallest amount I've ever tax that's pre-taxed yeah yeah he's getting ████ railed in the end yeah you're getting so when you say you buy like a large amount what would you say like the large amount yeah

5:07 probably like nine things let's say you put your product key like just on yeah what's your secret key and why when you first got into uh like Bitcoin and ethereum like what was the price at and where did you first oh I didn't even buy until I didn't buy until late I didn't buy until [Music] oh that's Noob ████ yeah that was like one I bought it that's it maybe I'll find a little bit I'll find like tiny bits in like 2020 but 2021 that's when I started you know yeah because I was trying to buy them you signed up to go 70 and then you start to come all the way down coming down oh I should buy at 15. well that's because I was like now I'm gonna go into this nft thing I need to buy a lot more Gary's wish to God you were part of me

5:57 and Joe's program money Masters we would have taught you a lot where we told people that you know ethereum's cool at 80 bucks and then but everyone was calling us and saying what a bunch of jokers we taught them in 2020. but they were saying they were just wish to Absolute Jesus if you were a part of our money Masters course we would have got you in Pretty Sweet yeah do you ever like like lay down you ever like pray like go like this that you were at my wedding in 2017 when I was helping people set up ethereum walks 100 bucks yes absolutely yeah it is driving home and be like ████ I should have went to his wedding I know people who are millionaires because they went to my wedding how crazy is that wow that's pretty ████ crazy it's pretty powerful stuff that's

6:47 pretty I never went back once I got obsessed like that's how I am of an obsessive personality if I really am passionate but yeah I ████ like ham on crypto for sure look at my life look at me every Tuesday night I do a show about crypto ████ two hours I do it every I've never been more consistent with anything in my life that's pretty tight yeah like I've been uploading to my Stephen Comedy Channel like the privately to my patreon group for ████ two years plus every week how many members do you have in it I'm part of it but do you ever do you ever like look at crypto as do you see it just as a business thing or do you see it as just a way to make more money or I see as a business I think I think

7:37 the tech side of it in the future this whole web 3 thing is it's going to change it's going to change a lot of things going forward I think I think as as people start adopting it more and people understand the real use of it what's the sexiest application of web3 that you can describe to people sexiest I don't know about sexy is I just I just like the technology of things being on the blockchain and you know verifying and it being a better type of loyalty program and providing different types of value of being a part of that loyalty program I guess yeah it makes sense yeah there's a lot of utility that is going to happen through it yeah just people are figuring it out right now as more people adopt it and see that hey this it's actually legit and you know everyone else is going to hop on I mean you're figuring it out right now yeah you did a lot for it do you think there's gonna be anything that's gonna change with the implementation of like more AI stuff or do you think it's going to be kind of like

8:27 do you think it's gonna affect it at all AI is affecting everything yeah yeah but right now what can it do really I mean it's it's sort of like um a q a stuff you know what do you think about it it's like it's gonna it's gonna read into Data a lot better like things that a normal person can't do like you can't you know go through access all this data and figure things out this fast but I think yeah I'll help I'll speed that process up it can help you read a white paper if you're into crypto like it can help you like like it could spit out like a better summary than like you could do probably like taking an hour for yourself to do it what's the white paper well it's like a crypto's use case like what they're trying to do and their tokenomics what they're what they're what they're why okay please don't talk down to me imagine like um it's almost like um yeah

9:26 you know what's funny about attention spans in the world though so that white papers used to be like the common common thing and now they have a thing called light papers because they try to do a summary of this yeah so it's you know they're like here you go for like those of you who aren't going to read for too long come by at the old paper but if you're gonna spend thousands of dollars on something don't you kind of want to read it you would think but things look at ████ like Pepe yeah yeah people just buying it and there's nothing behind it that's just like yeah I believe I think it's just fun huh if everyone's doing it I think people just a lot of people in general from stocks of crypto so I really just want a like a a version of gambling that doesn't seem like gambling but they they're actually guilty as charge hey everything's a ████ gamble dude buying a house is a gamble yeah that's true look at interest rates

10:17 yeah but it's just less of a risk and if you do your research is less of a gamble yeah yeah in anything and anything you do it's more of a calculated estimate at that point if you did your due diligence correctly but in my case you're my due diligence and I did it correctly because you're my light paper hey not bad to be up uh 80 in six months not the cardano guys I'll tell you that those guys are dead in the water I just like to pour more dirt on them more and more Durham we need to do a whole woo compilation in the future when we win and then like compared to the Cardinal pushers of 2020 2021 2020 and how much they chain bro bro there's so much going on under the hood of crypto right now

11:07 like like my baby my other baby kujira like the way that it's catching up to this major project that still people don't know about called injective is sexy and it is just like you know we're just gonna win we're gonna do it again what we do we do it every ████ time I bring out the woo girls white girls would just say woo yeah [Laughter] thank you

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