If PRICE is your Bitcoin validation you will always buy at higher prices.

00:01 everyone there is an important concept 00:03 to understand in investing which is 00:05 where you get your validation from the 00:07 problem in investing is a lot of people 00:09 get their validation from Price the 00:11 price of an asset and the problem with 00:13 getting your validation from price is it 00:15 means you're always buying assets at 00:17 more expensive prices so what people do 00:20 is they wait till something is hot like 00:22 Nvidia stock and then they buy it 00:25 because it's red hot and it's going up 00:26 and up and up but by the time that they 00:29 realize that it's red hot and it's going 00:31 up and up and up it's already gone up 00:33 and up and up and they tend to buy it 00:35 and then it cools off and then it cools 00:37 off and it becomes not exciting to them 00:39 anymore and eventually they get excited 00:41 about Tesla but they get excited about 00:43 Tesla because Tesla's way up and so you 00:46 end up when you're when you're 00:48 constantly chasing price validation you 00:50 tend to buy assets at much more 00:52 expensive prices because you're always 00:53 buying them after the price has 00:55 validated that it's red hot well there's 00:59 obviously no bad time to Bitcoin I think 01:01 Bitcoin is the best performing asset in 01:02 the world no matter when you buy it but 01:04 you obviously get a lot more upside if 01:06 you buy Bitcoin before it's red hot than 01:09 if you buy it after it's red hot so the 01:11 question is how do you buy it before 01:12 it's red hot one 01:16 second well the answer is you get your 01:18 validation by something other than price 01:20 so right now the price of Bitcoin is 01:22 $86,000 a coin which is super super 01:25 super cheap now the fundamentals are 01:28 like unbelievably insanely awesome right 01:30 now the United States just set up a 01:32 strategic Bitcoin reserve the largest 01:34 and most powerful uh economy in the 01:36 world the largest military in the world 01:38 like the US is the number one country in 01:40 the world and two days ago we set up a 01:42 strategic Bitcoin reserve the comproller 01:45 of the currency announced yesterday that 01:48 Banks and financial institutions can now 01:50 custody Bitcoin on behalf of their 01:53 clients which means now Trustmark and 01:56 Regions Bank and Bank Plus and Wells 01:59 Fargo they can all now custody Bitcoin 02:02 which means it'll take them some time 02:04 obviously they're not it's not like 02:05 they're going to do that overnight but 02:07 in the future you will be able to go to 02:08 your bank and say hey I want to buy ,000 02:11 in Bitcoin and your bank can hold 02:13 Bitcoin on your H your behalf just like 02:15 coinbase and everything else can um also 02:18 the fundamentals of the Bitcoin Network 02:20 Rock Solid record high you know 02:22 everything that matters um so the only 02:26 thing that is not record high right now 02:27 in Bitcoin is price so if you are 02:30 looking at the fundamentals of is the 02:32 network decentralized is it transferring 02:34 trillions of dollars of value is it Rock 02:37 Solid is it unhackable is it um 02:41 permissionless are all the fundamentals 02:43 that makes Bitcoin an amazing way to 02:46 store and transport value anywhere in 02:48 the world instantly if you if your 02:50 validation is is all of that amazing 02:53 then you're buying Bitcoin right now at 02:55 86,000 a coin if your validation is you 02:59 have to wait for the price to go way up 03:01 to feel good about it because it 03:03 validates that all the amazing things 03:05 that we all know right now are reflected 03:07 in the price it means you're buying 03:09 Bitcoin at 110,000 120,000 150,000 a 03:13 coin because it's red hot so is Bitcoin 03:17 at some point going to be red hot yes it 03:19 will it will because the fundamentals 03:21 are so strong that it's inevitable 03:23 eventually it will be red hot um but the 03:27 question is are you buying a red hot 03:29 Bitcoin at after a you know two-month 03:31 run where it Rockets from 86,000 to 150 03:36 and then you're buying at 150 because 03:37 the price is validating the awesomeness 03:40 or are you willing to do the work right 03:43 now read the books listen to the 03:45 podcasts go through the 78 page document 03:48 that I've put on the internet for you uh 03:51 that's pinned to my Facebook page to 03:53 understand all of the fundamental values 03:54 of Bitcoin if you're willing to do the 03:57 work now then you can get the validation 04:00 and the conviction to buy Bitcoin when 04:03 it's a heck of a lot cheaper if price is 04:06 always your validator you're always 04:07 buying assets at expensive prices this 04:10 is not unique to bitcoin this goes for 04:12 all assets if you can get your 04:13 conviction on Tesla stock Amazon stock 04:16 Nvidia Microsoft 04:19 Google Facebook if you can get your 04:21 conviction on why you believe that value 04:24 the the asset is incredibly undervalued 04:27 and why it's an incredibly good time to 04:29 buy if you can get that from 04:31 fundamentals then you can buy cheap 04:33 assets so it's not unique to bitcoin but 04:35 Bitcoin is probably a much more apparent 04:37 um because it's a much newer asset than 04:39 those others and it's just you know the 04:42 the upside of Bitcoin is absolutely 04:43 insane meaning you get a lot of 04:45 near-term volatility you also get a lot 04:47 more people that are just looking at 04:49 bitcoin's price for validation of its 04:51 fundamentals so now is an incredibly 04:53 good time to buy Bitcoin 86,000 a coin 04:56 in my opinion that is super insanely 04:58 cheap but it's only insanely cheap for 04:60 the people who understand Bitcoin and 05:02 are willing to do the work to understand 05:04 that it's on sale if you're waiting for 05:06 price to be a validator then you're 05:08 waiting for record highs record highs 05:10 and record highs which is fine it just 05:12 means the same Bitcoin you can buy right 05:14 now for $86,000 you're buying in the 05:16 future for $120,000 or 05:19 $150,000 so please get your conviction 05:22 around Bitcoin by hard work because it 05:24 means you can buy Bitcoin a lot cheaper 05:26 which means you're a lot better off long 05:28 term and the price appreciation and 05:31 purchasing power of your Bitcoin ends up 05:33 being a lot higher have a great day 05:35 everyone thanks