Learn to buy anonymous Bitcoin:
https://www.bitcoinuniversity.com/courses/76599-the-ultimate-guide-to-bitcoin
In this video, I discuss the factors to consider when thinking about how much Bitcoin you should own.
There’s no “one size fits all” solution to this, since everyone has different net worths, income levels, expected expenses, risk tolerance, etc.
Asking other people how much Bitcoin you should own is a little bit like people asking Mozart for permission to get into the symphony writing business.
Holding Bitcoin without understanding Bitcoin is a recipe for disaster. You’ll never survive the FUD and volatility. That’s why you need to do a lot of research and not rush into large allocations to BTC.
And that’s why you cannot ask other people how much of your money you should put into BTC.
Not investment advice! Consult a financial advisor.
Charlie Munger’s Mozart anecdote:
Cyprus banks stole their customers’ money:
https://www.reuters.com/article/us-cyprus-banks/european-court-dismisses-compensation-claim-in-cyprus-2013-deposit-grab-idUSKBN1K3242
Hold only as much fiat as you are prepared to lose:
https://www.visualcapitalist.com/wp-content/uploads/2021/03/Purchasing-Power-of-the-US-Dollar.jpg
Search my YouTube videos here:
https://www.youtube.com/@Bitcoin_University/featured
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#crypto
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.
29 Comments
WARNING: There are a number of scammers who are using my image and
channel name to try to connect with my viewers on WhatsApp and other
platforms to scam them. Just so you know, I will never refer you to
"my personal trader" or try to connect with you personally to sell you
something. I am trying to ban these scammers as quickly as they pop up. You can
always recognize a scammer by clicking on the image and seeing how
many videos he has. All of these guys have zero videos, while I have
hundreds. I also now have a checkmark next to my name, so that you can distinguish the real Bitcoin University from the imposters. Follow me on Twitter @mattkratter
Nooooo! 99.98% Bitcoin, 0.01% Platinum, 0.01% Gold
Ride or die. Thank you, sir.
Thanks again Matthew!
Bianance is the one selling BTC, to prop up their BNB token. Its at 217 now, and if it hits 210, they will be Margin called and will have to liquidate it to pay collateral on their loan. Thats why they are selling your BTC like crazy now to keep it from going below 210. GET YOUR MONEY OUT OF BINANCE NOW. Dont say you werent warned.
Even BTC isnt guaranteed over the longrun, but at least its got a chance, unlike alts. ETH will impode one day, and not many will buy that dip.
At least with BTC, we've got a chance at world adoption one day.
Matthew, thanks for the valuable education you provide here and in Bitcoin University. One of the hardest things for people to grasp that if you don't study Bitcoin in great detail and for many hours, you won't understand it well enough to invest much in it. Once you understand it, hodling becomes a natural instinct. Bitcoin is a profound invention.
Hi Matthew, can you make another personal video regarding your philosophy and outlook on life etc.
Its not 100% but its almost there!
I bought four thousand dollars tokens from onschain, a year later I will sell it for forty or fifty thousand.
they talk so much about onschain, can you check it out?
The news is published, onschain will be listed on binance
Onschain is currently selling for 25 cents
what is this ONSCHAIN?
will onschain be listed?
It's funny how we talk about Munger differently to Mozart. I wonder if we'll still be quoting Munger in 200 years but nobody will remember how he felt about Bitcoin.
I love all your videos, Matthew, but this one really hit home. To a newbie (and to current family members), it sounds absolutely ridiculous to put 100% of your assets into Bitcoin (or anything) as diversification is pounded into our brains since birth. And I would have agreed with that before I really spent the hours researching Bitcoin. At a certain point, we all have to ask ourselves "As opposed to what"? What else can possibly match the superior monetary properties of Bitcoin over time, especially in REAL terms? Not cash, not stocks, not bonds, not real estate… nothing can possibly compare. Once I realized that, I was all-in.
Ultimately, I've come to understand that the price of Bitcoin grows at the speed of education.
Your videos help that process along. Thank you for all you do, Matthew.
King!
Matthew you never reply to me anymore. Why?
I have friends who assume I've lost all my money messing around with "that crypto stuff". They don't know I was buying below $1250 and holding through everything. The only real downside is never realizing profits. But I also knew I would never time the tops, and that historically anyone who plays that game ultimately ends up with less and less Bitcoin over time. I know what kind of ego wealthy people have. They will all want at the very minimum 1 BTC. And there just isn't enough to go around. You win the game by outlasting everyone else.
You can’t put %100 into Bitcoin if you have rent, utilities, or if you eat food. Once those are taken care of yes. But you need to make sure your bills and debts are paid off first
I'd look at BTC much like investing in gold. 5-10% of your portfolio max should be in precious metals, so I wouldn't be too keen on putting more than 10% of my portfolio value into BTC.
Matt can you please do a video on using “leveraged” Bitcoin plays (ie. MSTR, Bitcoin Miners, or options on them) as a strategy to ultimately end up with more Bitcoin. Obviously there’s additional risk but I think there’s a rationale argument for why they can outperform the underlying asset, BTC.
Actual BTC will always be the base of my portfolio but wondering if there’s a place for this with type of strategy with say 10% of your capital?
Thanks for your content!
Like many other commenters, I am headed toward all-in BTC. It's simply takes time to efficiently sell other assets, but I appreciate you becoming Bitcoin U from your earlier days, Matt. 👍🏻👍🏻👍🏻
This is why I like Swan Bitcoin. Just set up DCA and then set it to auto withdraw your Bitcoin to your own wallet every week or so. No thought or emotion….just saving in real hard money for my children and grandchildren. Holding stocks made no more sense to me since understanding Bitcoin…and I am relieved I don't have to feel pressure to buy real estate.
You should put as much as you can afford, it will be different for everyone
M, if I might make a suggestion: Many of us are not familiar with some BTC terms (e.g., FUD). Would you mind spelling out what that means after you've used such terms? Thanks for making your videos. Am sharing them on Gab.
Ive been a full time student of btc since November 21 and this video is as true as the Bible. You can discern my meaning either way depending on your ideas on the book.
The only bad thing about btc is its difficulty for people to grasp. It takes hours and hours for basic levels of understanding to be realized. Im not there yet but im inspired by Matt, whom i consider an intellectual and who's divulged his level of confidence here. Once my mastery of this perfect money is achieved, the liquidations will occur.
Thanks Matt 😊
I really appreciate the dedication in each video you post. Despite the dip in crypto, I still thank you for the level-headed financial advice. I started crypto investment with $4,345 and since following you for few weeks now, I’ve gotten $18,539 in my portfolio. Thanks so much Mrs Ruby Chandler