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Why NOW is the Best Time to Buy Bitcoin in History | Beyond Bitcoin · Simply Bitcoin

• 0:03
  Are you starting to receive those texts?
• 0:05
  Am I late? Should I wait?
• 0:07
  Do you have a date? With all the craziness going on
• 0:09
  today, it's difficult to know when a good buying opportunity
• 0:12
  arises in Bitcoin. In this video, we're going to
• 0:14
  break down why not only are you not late, but now might be the
• 0:18
  best time to buy Bitcoin imotions.
• 0:20
  This is beyond Bitcoin. Stick around to the end of this
• 0:23
  video and let's let the ever growing enthusiasm about Bitcoin
• 0:28
  begin. Is he being sarcastic?
• 0:36
  Whether you're new to this class or a seasoned beef eating maxi,
• 0:39
  it's easy to get caught up in the whirlwind of the news cycle
• 0:42
  or be unable to determine what is noise and what is signal.
• 0:46
  When you get those text messages from friends, or if you're the
• 0:49
  one sending those text messages, these conversations imply a few
• 0:53
  questions. Am I too late?
• 0:55
  Should I wait until Bitcoin's price drops?
• 0:57
  These questions come from a place of uncertainty and a
• 1:00
  desire to time the market. Here's where this model of
• 1:03
  thinking falls short. In the case of Am I too late?
• 1:07
  There's a plethora of data that suggests that regardless of when
• 1:10
  you buy, if you hold long enough, Bitcoin's price will
• 1:13
  climb well beyond your initial buying position.
• 1:16
  Here's a great example from Glass Node that gives us insight
• 1:19
  into the behaviors of addresses over time.
• 1:22
  This chart shows us from bitcoins inception to its
• 1:24
  current valuation, the number of addresses holding Bitcoin for a
• 1:28
  certain period of time. As you can see, as the price
• 1:31
  climbs, that's the little black line that cuts through the
• 1:33
  rainbow. The darker, colder colors
• 1:35
  representing longer periods of holding Bitcoin are pushing down
• 1:38
  warmer colors which represent shorter periods of holding
• 1:42
  Bitcoin. Now I'm no analyst right at One
• 1:45
  step Ahead 1857, but what this chart is telling me is that
• 1:49
  almost 20% of the supply is being held in addresses that
• 1:53
  have been dormant for over 10 years.
• 1:56
  The more and more the price appreciates, the longer people
• 1:59
  are holding. And the inverse is true as well,
• 2:02
  as there is a gradual decline in the addresses holding Bitcoin
• 2:05
  for shorter periods of time. The longer you hold, the more
• 2:08
  you are rewarded, so it makes sense to get some now and hold
• 2:11
  it for as long as you can. How do you expect the asset to
• 2:15
  continue a price increase at these levels that we've seen?
• 2:20
  I mean, can it keep that up over the next five years, over the
• 2:23
  next 10 years? And at what point do we see, you
• 2:27
  know, winter coming again, because that's been a a
• 2:31
  permanent fixture of of this asset class, right?
• 2:36
  It's gone from 0 or 1000 to 20 and then back down to three or
• 2:41
  four and then up to 50 and then back down to 15 and now up to
• 2:45
  110. Like when does it drop again?
• 2:49
  Winners not coming back, we're past that.
• 2:52
  We're past that phase. If bitcoins not going to 0, it's
• 2:55
  going to $1,000,000 and you have all the evidence you need to
• 2:59
  determine that, right? The president of the United
• 3:01
  States has determined he supports Bitcoin.
• 3:04
  The cabinet supports Bitcoin. Scott Peasant supports Bitcoin.
• 3:08
  Paul Atkins has shown himself to be an enthusiastic believer of
• 3:12
  Bitcoin and digital assets. Ken Taz at CFTC feels the same.
• 3:17
  Ray, the the banks are going to custody Bitcoin.
• 3:22
  Bitcoin is has gotten through its riskiest period.
• 3:25
  The accounting has been corrected.
• 3:28
  There's now only 450 Bitcoin a day available for Sale by
• 3:31
  natural sellers. That's the miners.
• 3:34
  At this level, that works out to about $50 million of Bitcoin
• 3:37
  available for sale every day. If that $50 million is spot,
• 3:42
  then the price has got to move up to find any natural, any any
• 3:46
  seller that's price sensitive. Now, if you do the math, you'll
• 3:49
  actually see the Bitcoin treasury companies by themselves
• 3:53
  are buying the entire natural supply.
• 3:56
  BlackRock and the ETFs are buying another measure of that.
• 4:01
  And we've got nation state actors coming into the space.
• 4:05
  So I think when Bitcoin rallies, if it surges.
• 4:09
  To 500. 1000 or $1,000,000 then maybe?
• 4:12
  We could. Talk about it crashing down by a
• 4:14
  $200,000 a coin, but at the current price levels, it only
• 4:19
  takes $50,000,000 to turn the entire drive shaft of the crypto
• 4:23
  economy. One turn and you've got the
• 4:25
  Trump Media Organization announcing 2 1/2 billion.
• 4:29
  You've got GameStop announcing 500 million.
• 4:31
  You've got my company that's raising billions and billions of
• 4:35
  dollars. So the writing is on the wall.
• 4:38
  Bitcoins moving higher. The evidence to buy Bitcoin is
• 4:40
  backed up by another one of my favorite bullish charts.
• 4:43
  Bullish Charts. Before we go to that, I have a
• 4:46
  question to ask you. Are you prepared for what?
• 4:48
  These past few years have been crazy for natural disasters,
• 4:52
  solar flares and power grid failures.
• 4:55
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• 4:58
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• 5:10
  can reach your loved ones or your local agencies in time of
• 5:14
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• 5:16
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• 5:20
  off of your purchase. Now that's pretty good.
• 5:23
  Disaster comes at you fast, but with sat123.com you'll be
• 5:27
  prepared. OK, we're back and I wanted to
• 5:30
  show you one of those go to charts when I'm failing,
• 5:32
  depressed or lonely, and that's the Bitcoin percent supply in
• 5:38
  profit chart, which basically tells you how much of the
• 5:40
  current supply is in profit. If you look at this red line
• 5:43
  here, we can see that more often than not, Bitcoin bought at any
• 5:47
  time frame is most likely in profit.
• 5:50
  In fact, according to this chart by Mesmer Data, we are currently
• 5:54
  at 97.5% of the supply of Bitcoin in profit.
• 5:58
  This means that out of all the Bitcoin that's in circulation,
• 6:01
  97% of it is in profit since its purchase.
• 6:06
  Over a long enough timeline, Bitcoins value in dollar terms
• 6:10
  continues to climb due to all its amazing value propositions,
• 6:13
  the 21 million cap, instant global settlement, protection
• 6:16
  from debasement, and the complete unearthing of status
• 6:19
  quo culture. More and more people are
• 6:22
  studying it, understanding its properties, dipping toes or
• 6:25
  diving in all together. And this chart is telling us
• 6:28
  that 97% of the time that Bitcoin has been around, you
• 6:31
  will be in profit at whatever price you buy if you hold long
• 6:34
  enough. I don't.
• 6:35
  Think Bitcoin is volatile. If you're an investor, if you're
• 6:39
  a hodler, if you're, if your time horizon is one year or if
• 6:43
  it's one year, you're a short term investor.
• 6:46
  You can find like two or three times in the last decade when it
• 6:50
  wasn't great, but it wasn't awful.
• 6:52
  If your time horizon is 4 years, you can't find a time when it
• 6:57
  wasn't working. So I think, I mean, I just a
• 7:01
  normal, ordinary, responsible investor with a four year time
• 7:05
  arise. We're looking to say this is
• 7:06
  very boring, right? It's exciting if you're a trader
• 7:10
  or a journalist and if you're on Twitter and if you want the news
• 7:13
  to change every day like people. And I feel like on Twitter we've
• 7:18
  got a hyper inflammatory hyper, like a high speed short time
• 7:23
  preference. Like I have to have an opinion
• 7:25
  every day or every week or every month.
• 7:28
  And that means everybody's always generating news.
• 7:32
  And they're like if I, if I take anybody on the world and if I
• 7:35
  take a micro, what a microscope and I zoom in and I'm a
• 7:41
  magnifying glass and I, I, I zoom in by a factor of 1000,
• 7:45
  I'll eventually find a blemish. Like if you, if you look at
• 7:48
  Bitcoin trading every week, you'll find a blemish.
• 7:52
  If you look at it every day, you'll find more.
• 7:54
  If you look at it every hour, you'll find more.
• 7:56
  If you look at it every minute, you'll find plenty.
• 7:59
  But if you zoom out to a decade or five years, then you'll have
• 8:04
  a different view. I, I, I really take issue with
• 8:08
  every, everybody that attempts to apply some statistical model.
• 8:11
  I, I'm not a trader. I, I, I, by the way, to be
• 8:15
  clear, trading is, is speculation and traders see the
• 8:20
  world in short term moves and they're always and, and maybe
• 8:25
  traders love volatility and traders love controversy.
• 8:30
  And you know, traders love this debate because it creates that
• 8:33
  volatility. But this is an engineering issue
• 8:38
  for me. This is the year is 1910.
• 8:41
  People are wiring their houses with electricity.
• 8:44
  And you're asking me at what point I'm going to turn my
• 8:47
  electricity off or, or you're telling me how eventually people
• 8:50
  are getting tired of electricity.
• 8:52
  And then you're telling me that wouldn't I really want to
• 8:54
  convert back to horse and buggy and manual labor to take some
• 8:58
  off the table? Because electricity is a scary
• 9:01
  speculative thing. And I'm like, no, it's running
• 9:04
  water, it's electricity, it's automobiles.
• 9:06
  It's not a fad. It's the future.
• 9:09
  It's, it's not a bubble. It's it's capital flow.
• 9:13
  When all the money is leaving the peso going to the dollar,
• 9:17
  that's not a bubble in the dollar.
• 9:19
  That's capital flight from a collapsing asset or collapsing
• 9:24
  currency that people have lost confidence in.
• 9:27
  Now I want to go back to that original text.
• 9:29
  Should I buy Bitcoin now or should I wait until it drops
• 9:32
  next week? This comes with the notion that
• 9:34
  you can time the market and that your Bitcoin bro or your crypto
• 9:37
  friend, you know, whoever you're texting with knows what's going
• 9:41
  to happen with the market. But we don't.
• 9:44
  We just don't know what lies ahead for this industry.
• 9:47
  We had no idea that the incoming administration would be so pro
• 9:50
  Bitcoin, just like we had no idea that FTX would blow up.
• 9:54
  Volatility is a feature of this asset class, not a bug, and it
• 9:58
  requires conviction and patience to keep your head in the game.
• 10:01
  Waiting a week as opposed to buying today is betting that
• 10:04
  Bitcoin has further to fall in the short term, allowing you to
• 10:08
  scoop up more sats when it does. But what if it doesn't fall next
• 10:11
  week? What if it takes a month or a
• 10:14
  year? Or worse, what if it never falls
• 10:17
  to the prices you were waiting forever again?
• 10:20
  Do you have the patience, resilience, and knowledge to
• 10:23
  time the market like that? Does the fluctuation of a few
• 10:26
  $1000 in price really determine whether you should buy or not?
• 10:29
  With this kind of mentality, you risk always being on the
• 10:32
  sidelines, always missing the opportunity because you're
• 10:35
  waiting for the right opportunity.
• 10:37
  That's why I always answer these texts in the same way.
• 10:40
  Study Bitcoin, understand its implications, and buy at any
• 10:44
  price that you possibly can when you can, and put it in cold
• 10:48
  storage. Remember, it's going up forever.
• 10:50
  Laura, thank you guys for watching.
• 10:52
  But real quick, Are you ready to take the plunge and buy some
• 10:55
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• 10:56
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• 11:34
  Thank you so much for watching. If you like this content you
• 11:36
  want to see more, make sure you hit that like button below or
• 11:39
  you can subscribe to the simply Bitcoin channel for more content
• 11:42
  like this. We're coming out with it every
• 11:43
  single day. Can you believe it?
• 11:45
  Daily Bitcoin content. Wow, man, pump it into my veins.
• 11:50
  Don't forget to hit that notification bell anyway.
• 11:53
  I'm oceans. This is beyond Bitcoin.
• 11:55
  Until next time. Why?
• 11:57
  What will be next time? No, no, I mean like until next
• 12:01
  time. Until we meet again, you know.