Stacking Sats will Never Be this Easy Again – Epi-25
Podcast: Play in new window | Download (Duration: 1:33:36 — 21.4MB)
Has the bottom hit for the current cycle? The truth is that I don’t know. Further the truth is math never lies and hence it doesn’t matter. I actually called the bottom once the cycles top was established at 14,400 and I say yes, we have hit bottom. Yet when I say, “never be this easy again” I am referring to the next 2 years leading up to the next halving. There are so many ways to stack right now, let’s talk about some of them and why bear markets are for building.
Join Me Today to Discuss…
- What is the halving, why does it matter and when does it happen again
- Once every 4 years the amount of new bitcoin per day is cut in half
- The current block reward is 6.25 BTC per block, 328,500 per year
- About 5-1-24 this will go to 3.124 BTC per block 164,250 per year
- Think of the relatively small things that pushed BTC to 69K in the last cycle
- But the price “crashed” – Gee where have I heard that before
- 4 year cycles always go up to new ATHs
- They then always fall back to something people call a “crash”
- Yet the moving avg has been nothing but up since inception
- Here is how the psychology and the supply shock interact to create a group that buys high, sells low
- Why this is your opportunity and why most people won’t take it, then in a few years say, “man if I woulda”
- Why the number of long term HODLrs grows every cycle
- It is so easy to stack my favorite ways
- DCA – BBEW or BBEM
- Use products like the Fold App
- Get on Fountain.fm
- Accept BTC into your business (take any crypto and convert)
- Other steps to take
- Continue to learn more about the monetary system and Bitcoin
- Get involved in a local meetup if there isn’t one start one
- Constantly ask yourself what you trust more, math and code or men in power who seek to keep power
- Final Thoughts
Video Version of Today’s Show
Sponsors of the Day
Jack’s Links
- The Fundamentals Series of Bitcoin Podcasts for Newbies
- All My Recommended Bitcoin Tools (Buy, hodl & earn BTC)
- Get the Fold Card or You Hate Money
- Get the Fountain.fm App
- Bitcoin Breakout on Breez
- Bitcoin Beakout on Curio Caster
- The Bitcoin Breakout on YouTube
- Jack on Twitter
- Jack on MeWe
- Jack on Instagram
- Jack on Flote
- Jack on Gab
* The Bitcoin Breakout is a production of The Survival Podcast