0:00 bro I turned $28,000 into $1.2 million and then I lost 1.1 million but guess what you still have to give me credit for turning $28,000 into over $100,000 and [Music] yourself the Bitcoin having has officially happened wow what does that mean the amount of check a crypto I don't know I never read about it holy what does it mean is it go ahead Bart it's when you go hi that's as good as it gets here at JK news everybody Steve why don't you try it again that's face you can't do that editor leave that in that's just karate
0:51 noise I think went to crypto you don't know what the Happ is I did Doge like a like like a who whoa wo you can't say do some people came up hard off do though so the amount of Bitcoin gets that gets Min per day just got cut in half right so so like 70 Bitcoins now is is going to be 35 that's half so the amount of Bitcoin that can be mined like it's programmed in it where every roughly 4 years it gets cut in half so the supply gets lesson and less and lesson which is why it's like a deflation area which means next time will be 17.5 so that means it's good or well it's it's great for you know the inflation of Bitcoin right compared to like our money supply like if I had 10 Bitcoins now I would then have the same amount of Bitcoins oh but nothing do
1:42 it's just the issue of bit go imagine our Federal Reserve that prints like XYZ Millions let's say they print $10 billion a year no matter what they can only print $5 billion a year afterwards and then no matter what they can only print $2.5 billion afterwards who decides these rules about this made up no this is this is made by Toshi when he designed Bitcoin so this is like it's a feature right like that's that's the whole part of it people talk about the Bitcoin having like it's um you know like it's some that happens and you're you're guaranteed to do a certain thing you're right like as far as price so far like in the fouryear cycle usually we see Bitcoin having happen the amount of Bitcoin that gets mind per day gets cut in half then we see price action move to the upside but really what it's about is the feature so like that that Bitcoin can be used as a monetary system that you cannot control that can also not be
2:32 ████ with or tampered with by inflation and it actually goes down and down and down via the having via the amount of usage right even this this counter this has been slingshotting around all day is like 2 hours all of a sudden gets cut into minute ████ or an hour 25 and that happened quick because it's the amount of blocks that get mined right yeah so so the amount of blocks that just got mined was enough to like bring us to having and that's why we were able to count it down cuz I've been obsessively watching it all day so look the amount of Bitcoin went from 6.25 per day to 3 uh I'm sorry 6.25 per block to 3.12 per block and that just happened April 19 2024 at this time and historically like 3 to 6 months after this type of event all the cryptos Go bananas o tasty
3:22 check my Doge yeah yeah yeah not bad honestly not bad cuz elon's probably going to do something with payments on X and that's going to involve Doge I would be surprised so that would be sick as ████ though yeah not not bad at all really good for crypto as RIT LK that be kind of tight come on um but yeah so so this is extremely bullish for crypto in general and uh it's a it's a it's a moment I've been waiting for it for a long time like I remember during the bar lows every four ████ years oh yeah dude I remember during the bar Low's though talking to you uh and Joe and you and all of you about how this was going to happen and how everyone knows at this time so we should be like scooping the low sooner and that's what don't be stupid like last time exactly and we did it's been lit it's been lit and even though we just had a little Dippy on the way in
4:13 bro kissed we're still up on the the buys that we did that's the whole point so I have a homie and he so he does porn and he only invests all his money into Bitcoin is that right he doesn't put it in a bank good for him put it in real estate he doesn't put it in a bank he does put it in anything it just goes straight to bitcoin I don't know it feels a little crazy he might be making the Right Moves yeah he he might be making the right mov only crazy people do crazy things the only place to put your money I would put a little bit in stocks maybe what stocks I like in just somewhere like tech stocks like yeah like I put like I put it in a wealth management fund and then like I don't know everything in crypto is crazy like in one coin also well it just depends it for me it just depends cuz to me cryp a lot of people make the mistake of just looking at crypto and going that's an
5:03 altcoin it's just an altcoin to me it's a company right but not all of them are so like yeah you can't buy like penis coin and go that's a company right you co you could I guess but it's not it might also yeah just be the most genius move ever we'll see we'll see in a few months or like the dumbest move ever that might be crazy but then there's also luck so you never know at least it's in the game exactly some people who bought Shea coin like they wrecked it and then most people watch you coin did not yeah got wrecked you just never know they got nuked right Kaboom cuz out everyone that I know that owns Bitcoin and has been in the game for a minute always goes man when I had money I wished I would have bought more back in the day I've never heard anybody say otherwise yeah yeah you never seen a Bitcoin holder feel like they got burned less I wish I had less everyone's like I
5:53 wish I had more so with that mindset he might already have that mindset so he's like I'm just going to convert all my earnings into it damn exactly that's pretty cool price check the price and I also when you watch like the news channels now the way that they kind of had the having on the ticker now CNBC had it all this stuff that just tells you a lot of how everyone like in norom sees the Happ now where this was something nobody respected like 3 years ago two years ago right the fact that major news outs are covering it it's wild that's weird what's the price 63 637 a ████ we're dumping sell it sell it what have we done up oh what have I done did you see the news like Hong Kong's going to get Bitcoin ETFs now and there're they're estimating
6:43 like 25 billion coming into it the fact that whole nation's like put money in it is pretty there's a nation state that's got to be buying Bitcoin right now the way they've been buying it like they've been buying like size every day I hope it's America that'd be sick no I wouldn't be America America hates GP right now but is it America also like the biggest holder they just hat it they're front facing hated yeah well because of they seiz all these wallets that you know have value they still own it which is crazy it is crazy I know the fact that they're huddling confiscated Bitcoin is hilarious it's amazing confiscated Bitcoin is the way though you know I mean yeah but every time it moves everyone's like oh my God they're going to ████ dump they're going to Market dump they're going to Market dump everything they never do pretty fun yeah these guys know enough to to sell OTC like over the counter like it doesn't impact price but normies don't know that
7:33 they hear the funds are on the move and then they freak the ████ out and start dumping I don't know anything yeah I know nothing I know tell me it's fine it's fine anthy how do you feel about this I mean we've been talking about the having for like ████ two years dude I feel one it's so sick to have hopes and dreams about crypto again cuz like you go through a loow and when you lose like seven figures to Luna publicly live publicly you definitely dampen uh your resolve and your your I don't know maybe hope in life and optimism for like anything uh but you are resilient so you hang on and you're not a ████ regular Normie so you genuinely hang on you keep
8:24 on buying the lows cuz you have conviction of something Beyond just the idea of price action and trying to profit off something you genuinely believe in something even if you've been stabbed and effed in the ████ right yeah and then you see it come back around in the exact schedule and timing that I said normal yeah I always give it up to Steve even though he's an idiot I don't know why but okay and then things play out and even thing when things quote unquote pull back you're still at like highs that are like way crazier than the lows yeah so so you like mathematically see the calendar and the history and stuff so you just feel good about the places where other people don't feel good and then you realize oh ████ I've been in this game long enough to know that I just got to do it right this time will I probably not but if I
9:17 did ████ would be lit right now and then at the same time you're like grounded enough to be like this isn't where all my eggs are because like it's not normal life you know what I mean like that that's what crypto still is it's that volatile and it's that crazy it's still not normal life so I play it I enjoy it I'm in it deep heavy heavier than a lot let go but you stay grounded because it's not your only ████ bet you have to live life as if it didn't exist but you still get to play it with a sliver of hope that ████ can get ████ lit and that's dope that's dope to have that play that's all I'm saying like a constructive gambling yeah but like with with some concept of weird logic to it yeah yeah yeah yeah yeah unexplainable to asset building yeah what up guys thank you for watching us for so long if you like what we do please support our patreon Joe tell them what we have to offer so every week you
10:09 get two videos one never relased director's cut and another one too hot for YouTube patreon only every freaking week you get that and you get access to our Discord where you can come chat with us and ask us questions that become episodes here cuz we're going to answer them and we're going to take it seriously and we want to give you the responses that you want so come stay connected with us join our patreon click the description below for full details yeah the way that I view it is um I have a I try to like view how I want to set up my life in like little buckets like what's the money I need this year what's the money I need in 5 years 10 years 20 years whatever and then so like I feel like your your checkin account is what you're what the money you deal with dayto day for the year then savings is maybe like 5 years I have a retirement
10:59 account so that's like ████ 55 and over and then we have a pad so that's cool that's like keeps our family grounded and then so the way I view Bitcoin um I do so I just finished reading a book called the Bitcoin standard and I do think it solves all of the money problems that we've experienced until this day um and it's cool cuz that book goes through all types of currency starting with ████ seashells to ████ raccoon fur to like gold to everything tulips yeah yeah like everything like all the problems that had through the RO the fall of the Roman Empire and all that stuff and so I do believe in Bitcoin so I kind of view Bitcoin almost like an insurance policy kind of how like you know like Navy Seals they deploy with Rolexes because if they get caught or captured Rolex is like a universal form of currency they can be in Thailand wherever the ████ and they can sell it buy a plane take it get
11:50 back to the US wow so whether or not Bitcoin or there is any type of mainstream cryptocurrency adoption I feel like it's an important thing to get into into because if it does get adopted no one's going to be able to afford the price then because when it does get adopted Bitcoin will be a million dollars so by that time it's too late so the best time is just just to start now with like money that you can um kind of put aside so to still see it grow with this kind of mindset it's like it's pretty cool and in pessimism if it didn't get adopted the risk to reward factor is so crazy because if it did get adopted it'd be like so ████ phenomenal that what whatever it is that again in pessimism if we lost whatever it is we invested it's marginal because it was only what we would have put in you know what I mean based off of like what we had extra in terms of investment anyway right assuming that you were like
12:42 semi- responsible I know you just talked about your porn friend who put everything in there yeah I think that's crazy I do think that but also feels uh unlikely you got Ela complete countries adopting you got so many ETFs it seems very very unlik that's what I'm saying that the the risk to reward as much as the as it's the high volatile investment asset that like mainstream Media or anybody else would normally be like that's super risky most of my s███'s in in the ████ S&P 500 or my Roth IRA or like if I get really crazy I'll put it you know what I mean XYZ investment I said your return suck ████ you but it's like that's the risky one yet if you really think about risk to reward it's like the reward is so crazy in the long run that like the risk actually is not that risky bro I turned $28,000 and $1.2 million and then I lost $ 1.1
13:36 million but guess what you still have to give me credit for turning $28,000 into over $100,000 and ████ yourself deal with it ████ deal with it how many times I got to do it by the way how many times I got to do it and he's going to do it again in the middle of it by the way called it all to the ████ month credit to me but also credit to me credit to my people who followed me the whole way through seriously you guys the best I've never said this on camera but I turned $71,000 into 1.6 million and then it went down to maybe like $28,000 but you got to give me credit I only spent $43,000 or whatever to learn a sick Lesson by the way that's called walking up to the chalkboard having the balls to draw a perfect circle where you round
14:26 trip your bags you go and you draw the perfect circle hey this is where I started you said 40 something th000 that I lost 70 70 71 that I put in yeah 71 and then it all goes all the way up here wao crazy and then Perfect Circle boom all the way down there a little bit shy of the circle went down to like 28 but less round tripped your bags did you pull out or did you dime in hands and it's I never pull out yeah he doesn't pull out he comes only he only comes but he didn't come this time he he was like I'm sorry I don't know what's happening I don't know had a little too much to drink I don't sorry I'm so ████ sorry I had wh you've seen you've seen what I've done with it you've seen what I've done with it like nobody else alive but I'm not talking ████ until something great happens so that's smart this time cuz last time I was like hey we should cash out cuz Putin's fing ████ off and you're like I'm good brother do you guys have plans like
15:18 let's say it hits a certain number that are like thank ████ god this is the amount that I need do you have certain plans with that amount that you want to do it only fans house where I own every girl in the room I will say my plans this year or this time like it's so funny because the plans I have this time seems so rational which makes it look like the plans that I had last time like I'm a ████ idiot so I deserve to lose everything so what was your plans last time last time it was like these are my plans and things were sick and I was like ████ my plans I'm going to be holding you know you move the goal post to like Infinity you don't even see where you moved it to you said ████ goal post they don't exist because I'm a man right yeah so that was my plan last time failed they waiting for the million to go to 10 million or some something yeah last time okay this time for five
16:09 respect this time you got like you you you put a plan in place that you don't move at every ████ 10 yard line I see you know what I'm saying so no matter what even if it hits this even though you plan on the ████ actual goal 10 yards you're already like I have to do this you know what I mean so and we stick to it and you have plans with the money that's going to come out of it yeah for sure but not until I move out of California ding ding ding the smarti as Smarties oh I'm so smart I do crypto content I'm so smart these guys were saying don't buy alts all this ████ ████ Ben cow and all these guys oh I'm so ████ intelligent about crypto you should only just hold the Bitcoins that's it and then he has to post a Maya Kula like a ████ month and a half ago he's like oh yeah yeah yeah okay some of
16:59 you guys I guess outperformed Bitcoin you know but only 36 coins outperformed Bitcoin two of those are woo and Coogi suck my dick ████ I'm just lucky again that's it I'm a lucky guy oh I'm just so lucky that's it show the fanny pack show The Fan pack dude all I do is win but that's okay I guess I just get so lucky I'm just a tuber scum who just like ████ oh it's just happen stce my favorite Steve no it just drives me ████ bananas these guys are so this your favorite St oh they're so short themselves oh they know everything about crypto stuff I wear a collar so like I know things you should wear a collar giv you ████ probably probably probably but no it's like come on dude no these guys don't do re the thing that look it's a personal thing for me because I had at one point 748 ethereum I could have just held that
17:50 and then one of those guys just hold ethereum who gives a ████ about anything else you don't have to research anything just hold ethereum because if you hold 740 ethereum that's worth like $2 million right now easy money right but I had to stay engaged because I got so wrecked so I had to do the work all these ████ guys won't even read anything you you can look up a crypto you can hear these guys talk about it and you're like wait they don't even know what the ████ they're looking at they won't even read it they won't even read like what it's doing they don't know anything about it it's so it's the most insulting thing but they do I'm a tuber scum I know about this stuff trust me it's so insulting when you know about something something and you see that people aren't reading about it it's like when you see celebrity net worth of like us and they're like oh yeah Ry is worth $18 million I'm like is I'm like dude he's worth he's worth double that bro
18:41 maybe my virginity is but exactly right is that what you said when we had sex wow so when you know about something and then you see people talking ████ on it or whatever not talking about it most importantly and then all of a sudden catching up to your move later and acting like they were in on it the whole time ████ you dude I did the work dude ████ you but only because I got wrecked before I know what I did wrong that's it so Steve's not usually this angry I just get mad about one thing it's Liv in crypto everything else is a joke to me everything else is a yeah it's a joke to me crypto to me is the last it's it's really the last um Frontier where like we all have a chance right cuz to me they're ████ you out of your money so hard at all times they can't and they can't wait too oh yeah would you put in your savings account that's cool we're
19:32 going to ████ you on it tomorrow cuz we're printing you out of existence right and to me crypto is the Last Stand that we have like thanks to Satoshi Nakamoto thanks to this Vision that he had and frankly thanks to all these companies these defi companies that are providing a service to people giving you something where you can take your money turn into more money intro inspirational music at during this no no no no please don't it be tight but no but but truly I just believe in this stuff I don't believe in all of it I think there's a lot of ████ in it it's the same thing as like oh I collect shoes and there's counterfeit shoes there's like a lot of ████ in every market right yep absolutely you can't avoid it that's called markets but if you don't just look at the bad which is all the media does and you look at what this stuff can do for you I'm getting 16% right now on woi
20:22 ████ what are you going to do about it nothing and that's defi right so so defi to me is where you can take your money not have it sit in your bank account languish and then you get dumped on because they're inflating your dollar that's all I'm saying crypto is the final frontier Bitcoin having today is a ████ huge flag that they just planted on the earth and they're saying guess what you can't inflate this ████ it's a feature right people talk about the having like they think Bitcoin is going to 100K tomorrow that's not what it's about it's a feature that's being proved to you they're they're literally saying hey guess what but you can't inflate it that much it's actually being deflated over the years the amount of Bitcoin that gets released into Supply is going down and down and down per block mind God bless Bitcoin thank you
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