The Mark Moss Show Jan 31, 2022

So I, as I say, each and every week, this is the biggest opportunity you will ever have in your lifetime. You don't want to miss it. The problem is is that where are you getting your information. Wherever you're getting it from, it's most likely wrong and that is going to cause you to have problems. So pull out your phone if you're not driving, put a calendar reminder on right now, and join me each and every week on this channel at this time where I'll make it the

most profitable part of each and every week. Now jumping into bitcoin, um, there's so many angles. As I talked about each in every week, there's so many angles to come out it from. But what is so it's very difficult to understand um, you have to understand philosophy and game theory and technology and monetary systems, and on and on and on and on and on. One of the big things about bitcoin, though, that I like to focus on is why why do we even need bitcoin? That's

a big piece of it. Um. Of course we come with that from different angles all the time. And then why does bitcoin move up and down? And why is

it needed? Right? So, I know that to most people are focusing on the price, and of course right now the price the US dollar value of bitcoin is down, so we're down off of our all time highs November one, we had a high about sixty nine dollars and now at the time of this we're somewhere in the high thirties I don't know, thirty eight ish range, something like that. And I know a lot of people are wishing that I would tell you is now the best time to

buy or is now the time to sell? But I'm gonna come out from a different angle, and really we're gonna look at it from what are the factors that drive it? So, for example, you may have decided that to buy bitcoinner people have told you to buy bitcoin, you're thinking about buying bitcoin because you think it will be worth more in the future, But why why would it be more worth more in the future, and more importantly,

how much could it be worth in the future. Do you want to look at those types of things now? One of the reasons why is that? Uh? And why is it down? Why is the price down? And why would it be worth more in the future. And one of the things that we have to look at is what in the world is going on right now in the Federal Reserve of the United States, the Central Bank of the United States. If you're not, if you haven't been even paying attention to what's going on, then good

luck trying to understand bitcoin. I know a lot of people sometimes say, Mark, Mark, stay in your lane, don't don't talk about politics, or don't talk about you know, finance, and don't talk about the FED. And it's like, you

can't understand these things unless you dig into that. And so all eyes have been on Jerome Powell is the head of the Federal Reserve, the Central Bank of the United States, and they had a meeting, They had a meeting the f m o C, and they decided to get together and decide what comes next, What is the fate of the world hanging in the balance based off of what they decide, what's in their head. I I posted this on Twitter. By the way, if you're not

following me on Twitter, then you should. It's the number one mark boss. I'm pretty active on there, and probably more active than I should be. I'd love to hear from you, so reach out and say you heard me on the radio. Um. But I posted something on on on Twitter saying that you know how strange it is that the whole world is waiting to see what they say.

Because what happens with the financial markets, what happens with or stock accounts, what happens with the price of your home, what happens with maybe the price of your food and your gasoline, what happens with the price of bitcoin, all boils down to what they do, what they decide. Um. So they met all day on Thursday, and then on Thursday night there was a Twitter spaces that I jumped

into with some very very smart people. We had Preston Pitch was kind of leading it and talking about the FED meeting all day and UH, for like two hours we discussed, um, will they raise rates, will they not raise rates, will they continue to do stimulus, will they really taper? Will they cut back quee um? And and if they did any of these things or combinations of them, hundreds of combinations of these things, then what would happen? And so we're all on there speculating. But really what

we're doing is we're trying to read a mind. And uh, I don't know about you, but I'm not very good at reading minds. I don't know if you've ever tried it, but it's not very easy. So we're all there trying to read what's in the mind. Will they do this, or will they do that? Or how long till they reverse course? And on and on and on. Right, one, Uh, that's a fool's errand right, you can't be guessing with your financial future. You can't just be guessing about that.

You can't be leaving it up to reading minds. And and I bring that up to highlight the insanity that our entire world is hanging in the balance of what they do. And the whole point here is that nobody, not no one person, nor one group should ever have that power. That's the insanity. We're We're going to dig into more about what they're doing and what that ultimately is going to do to the best of the the markets

and of course bitcoin. By the way, if you're just tuning and you're listening to the Markmas Show where we're talking about bitcoin, we're talking about this decentralized revolution, and right now we're talking about what the Federal Reserve is doing, so you can have a better understanding of all this. But so, how insane is it that one person or one group of people can literally have that power over

everything to change the price. So I I tweeted that out and I said, but you know, bitcoin fixes this, and I got it. It was It went pretty viral. I mean, a lot of people liked it, a lot of people commented, hundreds of people commented on that, and a lot of the comments were saying, yeah, but how does bitcoin fix that? Because when the Fed makes their decision, the price the bitcoin goes up and down too. Yeah, but that's not the point. That's not the point that

I'm trying to make here. Yes, the price of bitcoin is subject to the whims of fellows sort of just like the price of your gasoline, just like the price of your steak, just like the value of your home and your retirement basket of stocks as well. But that's the insanity. So yes, unfortunately, the price the US dollar of bitcoin will be whipsode back and forth based off of whatever they're doing. But that's not the point I'm

trying to make. The point I'm trying to make is that because no one or no one group should ever have that power, the goal is to take that power away from them, take away anyone's persons or group's ability to move the entire world's prices by creating more money and changing interest rates. So let me kind of break that down for you, all right, So um, you might hear if if if you, like I said, if you're not paying attention, then you should be because this affects everything.

This affects your job, whether you might end up having a new job or having a job at all. This effects, like I said, the value of your home, or if you're going to buy a new home, how much that's gonna cost you. This affects how much is gonna cost you to commute back and forth to work. So if you think this doesn't affect you, then again you're sadly mistaken. Henry Ford said over a hundred years ago, Henry Ford,

the the godfather of the automobile. He said that the if the American people knew how the banking system work, there would be a revolution before the morning. Before the morning. That means, that means that people would be so outraged that they wouldn't even wait. They would be out there storming the streets, storming the banks. That was a hundred years ago. Imagine how much worse the worst things are

today a hundred years later. And of course it's uh no surprise that this is why they don't teach you any of this in school. Not only they not only teach it to you, they purposely withhold it from you. And so I get it if you're not paying attention. I get it if you don't understand how this impacts your life. But as I like to say, an ostrich can bury its head in the sand, but it won't

stop it from being eaten. You can choose ignore reality, in the words of Iron Rand, you can choose the ignore reality, but you cannot ignore the consequences of reality. And so you've got to know what the heck the FED is doing. You gotta know what the heck they're doing. What they said in this meeting this week, um what their plans are doing, and more importantly, what is that going to do to your entire life and the price of bitcoin, and of course how bitcoin fixes this. So

I'm gonna break that down a little bit. Um. Like I said, you should be paying attention, so do not go away. By the way, you're listening to the Mark Moa Show. Of course, we're talking about bitcoin, the decentralized revolution that's happening right now. We're talking about why why is bitcoin needed and it's being highlighted right now by the Federal Reserve moving the markets in the world. I'm gonna explain that to you and show you what we should be doing about that. So don't go away. I'll

be right back. Hey, welcome back. You're listening to the Mark ma Show and we're talking about bitcoin. Thanks for tuning in. We're talking about bitcoin, we're talking about cryptocurrencies, and we're talking about the decentralized revolution that's happening, and uh really we're digging into why, why does the decentralized revolution need to happen, why is it happening, and some

of the things you can fix. And so we're talking about the Federal Reserve, the central banks of the Central Bank of the United States, and uh, this week they had a big meeting and everybody was waiting to hear what they said, and would they come out hawkish, meaning would they be strong against it, would they be really working hard to tamp down this inflation that we're having, or would they be devish, which would be like I, we'll just kind of let it go. They'll be weak

and soft. Right, And so they had this meeting that everybody was waiting for, and they were pretty hawkish, meaning that they are pretty aggressive on what they want to do. And of course the markets have reacted. Right. We're seeing the price of all the stocks turning down, We're seeing high credit turning down. That's a really bad sign. We're seeing the breath of the market's break apart. That's really bad. And of course, as I was saying, bitcoin and all

cryptocurrencies are all down as well. UM. So basically what the Fed is saying that um, they are going to end quantitative easing by March of which is about two months away. UM end it. So what is quantitative easing? So quantities and easing is basically the central banks creating money and putting them out reserves at the banks, and then when the banks get reserves, they create money into existence by generating loans. So when you go to the bank to get a loan for your house, about a car,

whatever in RV, that money is created into existence. The central banks they don't create money. They put reserves onto the banks, and then the banks can create money from those reserves. And so quei is a is a roundabout way of creating money. And UM, I'm not gonna get

super detailed into that. There's a little bit more, but they've been basically pumping the markets full of this liquidity since two thousand eight, since the two thousand eight financial crisis, the g f C, the Great Financial Crash, and they've never stopped since two thous eight. They said, oh, they saved the world, they save the world financial system. Well then how come they were never able to let the financial system run on its own again. So they've been

pumping the markets full. Um. Now, um, some historical context I think it's important for you to understand about this is that in two thousand eighteen, just after the now current FED chair Jerome Pale, took office, he came in ready to change the world. He was gonna fix things and he said, I'm gonna taper. I'm gonna end quewie. We're gonna get the markets to stand up on their own.

We're gonna stop pumping them full of money. And so he tried, and he did, and he um started tape bring and very quickly the markets crashed, very fast, draw down and stocks boom right away. And uh, he very quickly found out that you can't taper a ponzi. So um he quickly had a reverse course and they had to continue pumping the markets full of money. And we've continued on from and then you know, March came, which

was the big crash in the stock market. The pandemic, you know, locked the whole country down, locked the lock everything down. The markets crashed again, and they brought even more firepower. They brought, you know, this time eight trillion dollars to pump the markets back up. And so every time they've tried, well really only one time they tried to stop pumping the markets full of money. The markets crashed. And now he's saying they're finally going to do it.

They couldn't do it last time, but this time they're going to do it. Uh. Really, at a time when supply chains are breaking down at a time when lockdowns are still happening, a time when the economy is seen it was very very fragile, at a time when asset prices are sky high because of all their monetary uh stimulus, and they're gonna stop. Okay, well we can speculate on that, but he said, that's what we're gonna do on top of that, what they're gonna do, um, is they're gonna

start raking up the rate, increasing the interest rates. And so that means that as interest rates go up, that means you'll be paying more for debt to take on debt, which means that a lot less people will take on debt. When a lot less people take on debt, guess what happens? Things slow down. You don't buy new cars, you don't buy new houses. Um, When you don't buy new cars, a new house is guess what happens? The price of those houses come down. When the price of your house

comes down, guess what happens. You feel poor, You feel less rich. Guess what happens when you feel less rich? You buy less things. Do you see how they starts spiraling very very very very quickly, the way that the way that this leverage works is that if someone would loan me unlimited amount of money for free, I might go get a bunch of that free money, and I might go buy a bunch of houses all over the country,

all over the world. It might go buy yachts and planes and and all that, and all of that free money that I was given creates all this stimulus. Right, So now people are making more houses, and people are making more planes and making more boats, and so things start. And then all those people that make the boats now they all have more money, and then they go buy more things and more equipment, and they buy bigger buildings, and then you know, on and on and on. So

it levels up really fast. But it also unwinds just as fast. So if rates go up and less people buy homes, well, then there's less people in the home building niche, there's less people selling supplies for those homes, and the people that buy the that sell those supplies have less money to go buy other goods and services, and the whole thing starts to unwind very very quickly.

So anyway, they're gonna stop stimulating, apparently by mar and then they're gonna start increasing interest rates rate hikes and then maybe he said, maybe they might even actually start um quantitative tightening, which means not just in the tapering um, but actually start pulling money back out. Now. Um, that's what he's saying. And the markets are not liking that, and so it is dragging the price of all assets,

including your retirement portfolio down. Stocks are breaking down. What people are wondering if we're going to a bear market, and like I said, bitcoin is going down as well. But what does that mean for the future of bitcoin? As I said, bitcoin fixes this. But um, to the hundreds of comments I got on that Twitter post, Uh, it's not. Um, it's not immune. So a lot of people say, well, Mark, you know bitcoin is still correlated to the stock market. It's too correlated. I'm not interested

in bitcoin because it's so correlated. And I would say every single asset is correlated right now because of the FED, because of the Federal Reserve. It shouldn't be like this, but it is because as they're pumping in trillions of dollars of liquidity, it drives everything. Warren Buffett uh famously said that a rising tide raises all boats, but when the tide goes out, you see who's swimming naked and so Um, the eight trillion dollars has lifted all the

boats up at the same time. And when you pull the water out, all the boats also go down at the same time. UM. Out here in California, I had a house out in the river out in the river area of Nevada and Arizona for for shoot, almost twenty years, over a decade. And on the river it's the Colorado River. The comes from Colorado, goes through Las Vegas, Lake Mead, goes through Arizona and then eventually dips into the into the Gulf of Mexico. Our not Gulf of Mexico, the

Gulf of Bajam. But on that river at night, UM, when the tide comes up, you park your boat up on the shore and you drop your anchor, and then you wake up in the morning and it's like five ft from the water because the water that they release water from the dam, and all the boats come up, and then when they shut the dam and then it all drops down. And that's kind of what the Federal Reserve does. Just like the dam releases more water in the river and then they take water out. The same

thing happens with the foul reserve. They put money in and everybody feels rich, and then they pull money out and it all starts falling apart. And so bitcoin is a part of that um, just like gold, just like every other asset. But that's only one piece of the story. And if that's what you're seeing in the news headlines, you are going to be faked out of the market. So I want to tell you the real way that you need to look at this and where we are

in this market cycle of cryptocurrencies. Um. Is it over or is it just about to begin. I'm gonna come back with more than that. I listen to the Mark mo Show talking about bitcoin and cryptocurrencies. Don't go away, all right, welcome back. You are listening to the Mark ma Show, and we're talking about bitcoin and cryptocurrencies and the decentralized revolution. Each and every week, I'm here with you. You can find me on Twitter at one Mark Moss.

That's just the number one. I tweet about this stuff all the time, and so uh follow me there, give me a shout out at me, hell me heard me on the radio. Ask me a question, I'll make sure to answer it for you. Now we're talking about the Federal Reserve, because all eyes are on the fellow reserves.

They're driving the markets. I was using the illustration of this this place on the river where I used to go, and they had opened the dam and there'd be a lot of water and people would park their boats up and then overnight they'd let the they'd close the dam and the water would run out, and then boats beyond dry land. And that's kind of what the Federal Reserve

is doing with their money. I explained to you what they said in this meeting this week of what they planned to do and what's going to happen about that. But UM, I want to tell you a couple things. So when we're gonna look at what does this really mean for bitcoin and cryptocurrencies, Um, before I do that, I want to give you a little bit of historical context here. So just for a little bit of historical context, just because they're doing this doesn't necessarily mean the markets

are going to crash. So for historical narrative, as I was talking about earlier, this quantitative easy and where the FED injects money into the system really kind of got started in two thousand and eight after the Great Financial Crash, and about two years after that, in two thousand, the economy was still very weak. Everybody was still very very scared, very gun shy because it's just got wiped out in two thousand and eight, two years before. So two thousand,

two years later, the economy's week. People are still gun shy. UM, and the FED tried to end um Q and UM. The markets crashed. Yeah, same thing. Stocks dropped, But here's the key piece. Stocks dropped a little bit, and then they just basically chopped sideways for about three months. When I say chopped side sideways, what I mean is they just went up and down, up and down, up and down, with stayed in like a very a range for about

three months, and then they blasted off even higher. If I had to give UM, if I had to consult my crystal ball, if I had one, which I don't but I wish I did, it would make these things easier. But if I had to consult the crystal ball, what I would probably expect it to tell me is we might see something similar to that. So maybe the Fed signals that they're going to be hawkish. Um, you know, they're gonna be really strong on inflation. But then they're

gonna probably walk that back. And you know, if we look at if we look at this, so they haven't even done anything yet. All they all they did is say they were going to do something, and already we have this giant sell off in the markets. Imagine if they really actually do something, what happens now? Um, the Fed feels like they have to act because we have midterms coming up and inflation is raging high, and um,

everybody is upset over inflation. And if they don't do something about it, you know, the election may not do good. But what happens if everybody's stock portfolio crashes? What happens if the value of your home plunges? I think people would be pretty unhappy about that as well. And so they can't allow that to happen. They're really stuck. But um, we'll see. Like I said, I'm sitting here trying to read a crystal ball that I don't have. I'm here trying to read a mind of drone power that I

can't do. And so you know, all we can do is just, uh is speculate. But what we can also do is we can protect ourselves. Um, what did I say? I can't remember what I said? Here, I said something about since we can't read minds, we just have to manage our risk. And so that's basically what we can do. Since we don't know what the future holds, I said, Uh, the key to successful investing is managing risk, not trying to be a psychic. I can't. I can't be a psychic. So, um,

we have to manage the risk. So if I'm looking at the markets right now, I would say that, you know, we can potentially on the stocks, you know, maybe bounce back up about six but we have maybe another on the downside, so you want to manage that risk. But back to bitcoin and cryptocurrencies. UM, I would look at bitcoin and cryptocurrencies. Now, what's interesting, there's a lot of people wanted to know when the top of the of this market cycle would be, and a lot of people

have speculated that. UM looking at having cycles. So if you're not familiar with that, about every four years, the amount of new bitcoin being created gets cut in half. That's called a having cycle. And so you know, like all things, that moves on supply and demand. So if you have if you have the same amount of people wanting bitcoin, the demand is the same, and then you cut the supply in half, then you would expect that the price would go up. You have the same amount

of people chasing less goods and services. What happens if you get more people chasing less goods and services than the price, that moves it even more. And so every four years the amount of new bitcoin being created on a daily basis cuts in half. And so we've only had a few of these cycles, so we don't really have anything empirical. We don't have anything, you know, uh, we don't have a ton of his story call data

to look at. But when we look at these past Having cycles, what we see is that about approximately eighteen months after the Having cycle is the peak. And um, the last Having cycle was May of So what's that if you if you add that up from May I was just getting out my fingers, sorry for the pause. May to May is twelve months, and from May to November six months, So six plus twelve equals eighteen Who would have thought that? Now Michael Sailor told us that

all our models are destroyed. Maybe maybe not. Time will tell. Now, nobody can tell the top of a market or the bottom of the market until we're looking backwards on it. Alright, so we don't know. Um. Now bitcoin is down about forty five from its all time high, which in May of last year it was down. Soft drops aren't that uncommon as a matter of fact, Um, they're They're not uncommon a bitcoin at all. UM. Drops seem to happen

almost like on a monthly basis. UM. And if you look at us, UM, any of the big tech stalks, like look at Amazon for example, UM, Amazon's dropped I think eight times it's dropped. I want to say two or three times. I don't have the exact number in front of you. UM. And so when you're looking at a you know, groundbreaking you know, I don't want to say revolutionary technology, Amazon's not, but it's a groundbreaking new company, you know e commerce that lead that niche Yeah, I

mean it's Vlatil dropped you know two or three times. Um. And so you know, Bitcoin throughout its live and cryptocurrencies on these on these kind of bear markets, it typically would drop, you know, and then it's now maybe the drops is what we have, but there could be more. Now if I'm looking at cryptocurrencies overall, UM, we see that um the other cryptocurrencies, and I like to specify bitcoin,

not crypto. So we look at bitcoin as one unit, and then we look at all the other cryptocurrencies kind of together. And some of you might be triggered by that. Sorry by the way, you're listening to the Mark Moa Show and we're talking about bitcoin and cryptocurrencies and so um. If we look at Bitcoin, we can see, like I said, we're down about off of its all time high. But but the everything below that, if you look at all the fifteen thousand cryptocurrencies and everything from number two down,

they're all basically fighting against each other. And what we've seen is we've seen this super hyped up narrative coins, the dodge coins, the dog coins, the salont on the coins, etcetera. Um, they've been super hyped up and we've seen all of them. And if you look at you know, most of the coins in the top ten, um, they're all downe um compared to Bitcoin, you know, down now. Part of that is because those also maybe went up a lot more, but they've basically done what we would call a round trip.

And this is a key piece if you're looking at trading and and things like that, which I don't advise, but they've basically gone all the way up and they're all the way back down to where they were about August, and so maybe that's actually a good sign. A lot of you may be wanting to know, is now the time to buy? Is now the time to buy? Or Mark is there is there going to be more price drop? Should I wait? Should I buy now? Or should I wait?

It's funny because whenever the price is making new all time highs um, I got friends coming out of the woodwork, people maybe haven't talked to five six years, or messaging me, texting me or emailing me, hey, should I buy? Should I buy? They want to buy one it's at the peak, but whenever it drops down here then they don't seem to want to buy. But the question is is should you buy now? Should you buy cryptocurrencies or bitcoin now? Or based off of what the Fed is doing? Should

we wait? Could we wait for a better time to buy? And actually, I'm going to tell you that I'm gonna consult my Crystal Ball and I'm gonna give you the answer to that question. Tell you what I think should you buy bitcoin and cryptocurrencies right now? What you should expect. Listen to the Mark Mo Show talking about these topics. I'm gonna come back and tell you the answer that question in a second, so do not go away. Hey, everyone,

welcome back to the Mark Moa Show. While we're talking about bitcoin and cryptocurrencies and this decentralized revolution that's happening, and I've just spent the last few minutes, most of this hour talking about the Federal Reserve Jerome Poal, who heads the Federal Reserve, the Central Bank of the United States, and how they're basically wrecking the world and how the whole world is hanging on their every word word to wonder what the price of their gas will be, and

how much their steak will be, and how much their home will be worth, and what will bitcoin be worth as well. And I I made the point that that's ridiculous. I mean, I'm laughing about it just thinking about how ridiculous. I mean, if you just just look at that from the outside for a second, the fact that one person or one group of people have the power to make you rich or poor. You have no privy to that information that they have. I don't, and I study this

and you don't. So you're out there doing your best. You know, you're working hard. You're saving your money, you're you're you know, maybe you're starting a business. You've sacrificed your life savings for this business. You're putting your blood, sweat, and tears into it. You're sacrificing time with your family so you can do this business. And you're doing the best that you can with the information that you have available. You look at the price of money, you look at

interest rates, you look at inflation, you look at the demand. Yes, I think people want this product. Yes, I think it's worth the risk. I know. I know businesses fail. I get that, but I'm gonna take this chance because I need to get ahead for my family. And you do the best that you can. Or or you're working a job and you're saving your money and you're putting it into your retirement account, doing the best that you can.

But there's a group of people in Washington that have all the power over your life, and it has you have zero control over it. There's nothing that you can do. You can either one not do anything, so you could not save and you could not invest, and you're just gonna fall further and further behind because the amount of money they're printing their debasing the currency so fast that you can't afford to live off your wages anymore. You'll never retire. So you have to You have to play

the game. It's a game of musical chairs. You played that when you're a kid, right, You go round and round and round on the chairs. When whenever the person decides to stop the music, you have to sit down. But there's not enough charish for everyone. And so you have to play the game because if you don't get left bhy. So if you play, the problem is that Jerome power if Illow Reserve, they worked the music. They dump eight trillion dollars into the economy over the last

twenty four months. The market shoots up higher, real estate goes higher, businesses go higher. Everything's great, and then they just sucked the money right back out. They don't tell you when you have no control over that. And that's not okay. That's what bitcoin fixes. Now. Yes, bitcoin goes up and down. The US dollar value goes up and down as well, But that's not that's not what I'm talking about. Bitcoin takes away the ability of any person

to control the money supply. It's not about it's not about taking the money, taking the power away from Jerome Power or the FED. It's not It's not about giving it to somebody else. It's not about where we should vote on it. It's not about where we have a different group controlling it. It's about nobody controlling it. It's about nobody being able to influence it or increase the money supply or decrease the money supply. That's what inflation is.

Inflation is not the prices going up and down. Inflation is the amount of money increasing or decreasing. So um, anyway, that's my rant. Let's go back to what I said. I consulted my crystal ball while we're on commercial break, and I asked the crystal ball, should you buy bitcoin now or should you wait? So let me give you the what they what they told me, They said, it depends what what kind of answer is that? Well, it depends on you. It depends on what kind of person

you are. So let me give you some framework to think about this. So a couple of ways I'd look at it, um, Because I don't really have a crystal ball and I don't really know what the future holds. There's a few things I would say. One Um, the price of bitcoin has continued to march higher every single year. So since its inception over a decade ago, every single year the lowest point has always been higher every year.

And so instead of always looking at where we are from the highest point, look where we are making progress on the lowest point. So you could have pretty much bought it any point in time except for the last thirty days and be in profit. Um And so that's when we look at it. And so a lot of it depends on your time frame. What you're looking for. If you're putting money away that you want to say for retirement, and that's a long time frame five years

or more. For me, I'm looking at ways I can lock my bitcoin up and trust so my kids can't even sell it. It's gonna and my grandkids can't even sell it. So that's my time frame. But depending on what your time frame is, I would say a couple of things. Either one the best, the answer that's going to be the safest for you is to do something called dollar cost averaging d c A. And what that means is let's say that you have, um, you know, a thousand dollars to put the bitcoin, or ten thousand

dollars or a million dollars whatever you have. Instead of putting all of that in in a lump sum, what you do is you break it apart. Then you break it into into pieces. And so you say, I have a thousand bucks, so I'm gonna put twenty five bucks in every Friday, and you can use a platform like swan bitcoin and they can set up that like a a reoccurring by really easy for you. Um so go to swaan bitcoin. It's super easy to use like an app. You can say I want to buy ten bucks every

Friday and just automatically does that for you. That's one way to do it. You could do it every friday, it every every two weeks when you get your paycheck, once a month, once a quarter, or whateveryone. And so

that's that's the that's the one way to do. What happens is let's say that you start buying now at thirty seven, thirty eight thousand, and then it goes down to thirty five while you buy a little more and it goes at the thirty and then let's say, let's say it goes all the way down to twenty, so you buy some more twenties. So then what happens is you bought some at thirty. Let's say for easy numbers,

let's say you bought some at forty. You bought you bought a hundred dollars worth at forty, and then you bought a hundred dollars worth at thirty, or let's call it a hundred dollars at twenty, So a hundred at forty. Well, now you average that, So now you're blended. Cost of your bitcoin is now thirty thousand. So if you're afraid or you think that bitcoin could continue going down, then dollar cost average and take the amount of money you want to put in now. Typically that would be a percentage.

So you may decide that you want to put five percent of your total investible assets into bitcoin, but instead of putting it all in at once, you break it apart and you put it on a weekly basis or bi weekly or monthly basis. That's that's number one. UM. But for some of you who don't have the patience for that, I don't have the time for that. UM. I think now is a pretty good price. Now, UM, we're down about a fifty percent retracement. Historically, a fifty

percent retracement has been pretty good. Like I said, in May one. We got that. Um. When we look at some other metrics, that looks like it can be pretty good, but we don't know what the Federal Reserve is gonna do. That's the whole problem. What happens is whenever the Fed sucks the liquidity out, than anything that's liquid becomes liquidity.

So what do I mean by that? If you go back to the two thou great financial crash, you see that, um, the whole market sold off, right, stocks sold off six gold. Gold is supposed to be the chaos hedge. Right, it's supposed to be the opposite. Well, what gold sold off as well, But the different says when when the markets sold off six, gold only sold off about But that's only part of the part of the equation. What actually happened is that gold rebounded almost immediately and within seven

months had reclaimed it's all time high. It took the stock markets seven years, and gold went on to make crazy new all time eyes where the stock didn't. And if we look at March, the same thing happened. Everything sold off in March, everything including bitcoin, including gold. But bitcoin rebounded from thirty eight hundred to seventy thousand. Gold rebounded and shot to new all time highs as well. So while everything gets dragged down temporarily in a liquidity crisis,

it's what happens after liquidity crisis that matters. And so while bitcoin is kind of at the whims of what the Federal Reserve is gonna do, and I don't know what your own pal is going to do next, I'm guessing that they're going to pivot. I'm guessing that they won't actually go through with all these great high I'm guessing that they really don't want the markets to crash because they just spent eight I'm sorry, eight trillion dollars to prop them up. I don't think they would have

just spent eight trillion to let them go. Now, that's my guests, because I don't know. So the answer to the question should you buy bitcoin and cryptocurrencies now? For bitcoin if you like it, uh, and you're afraid of more drops dollar cost average in if you just want to lump some buy I think it's a pretty darn good price. You're buying cheaper than some of the smartest guys in the world, um like Jack Dorsey from Twitter and his company Block or for like Michael Sailor from

strategy or like the nation of El Salvador. So if you can buy cheaper than they bought, that's a pretty good entry in my opinion. Um so maybe the lump some by if you're in that camp, if you're afraid that's gonna go down, then dollar cost average in as far as the cryptocurrencies, man, if anybody's gamble, the top ten rotate all the time, and who knows what we're gonna be the next next ones. Um at the top ten, So close your eyes through a dart and have fun

with that. You're listening to the Mark Moa Show. We're talking about bitcoin and cryptocurrencies and the decentralized revolution. We're talked about the FED and what they're doing. Hope you enjoyed it. Thanks for listening.