BITCOIN – MILLIONS OF NEW PEOPLE CAN BUY BITCOIN IN THE NEXT 12 HOURS!
how’s it going everyone it’s Sam we’ll
know something really important in the
next few hours actually probably when
you’re sleeping based on my demographics
we’re going to get some pretty big
information I want to go through that
also show you a cool tool in case you
are a Bitcoin investor and talk about
Tesla because they just had a big
announcement after hours if you don’t
mind hit subscribe turn on the Bell
notification underneath the video so you
can see future videos just like this one
as soon as I make them there’s also
going to be a link underneath the video
to coin W in case you want to start
trading cryptocurrency using leverage
you can do that or you can buy Spot
there’s also a link to Marx as well
underneath the video this is powered by
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everything right
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these two websites out underneath the
video now
we had something I covered in the video
this morning bullish Divergence with
RSI and I said you know they’re trying
to trick you the price is going down but
RSI is moving
up this is probably a good sign for a
bottom and what’s happened well the
price has started to move up from about
the mid 61,000 earlier to now
64,0
64,800 making a nice intraday move of
about $2,500 now now could be due to
that it could also be because of some of
the things are happening right now we
look like we may have an outflow from
the US ETFs but Hong Kong is starting to
trade like as I’m as I’m speaking here
their ETF launches tomorrow but it’s
really tonight for a lot of people uh so
this is happening like right at the time
of this recording there’s a little
secret from this part of the world uh
and there’s a little secret from this
part of the world the Asian market and
user count is bigger than the US and
European markets combined this coming
from Wily woo one of the head one of the
top analysts on crypto especially
Bitcoin number of cryptocurrency users
in different regions Asia has over 120
million about 130 million much higher
than North America South America Africa
Europe so yeah there are a lot of people
think that this is going to be huge and
we just got this from Eric panis this is
from Zoo Hawking now let me pull this up
because I have another article uh
explaining who this is he’s the head of
digital asset management and family
wealth at one of the ETF providers so
he’s kind of talking his book it’s
called China
AMC and he expects initial subscriptions
into the products um are going to S
surpass those seen by us funds he says
I’m very confident than that that the
initial listing scale of Hong Kong’s
virtual asset spot ETF uh can exceed the
issuance scale on the first day of the
United States so it was around 125
million he thinks they can beat it so uh
yeah this is going to be really
interesting we’ll know in the morning uh
depending on where you’re at so uh maybe
12 hours or so from the time of this
recording we’ll know how well these
actually did but we are you starting to
see an increase in price whether this is
just excitement ahead of it maybe it’s
pre-market I don’t know exactly when
this will start trading uh specifically
based on like when their Market opens I
believe there’s a little bit of time
left but who knows right there could be
some games being
played Eric says note also this is the
first time we will get a clean look at
how popular eth is relative to Bitcoin
in eth uh in ETF format because the
three honk calling spot ethereum ETFs
also start trading soon so they’re ready
to go the Bitcoin ETFs are going to go
Eric says what percent of flows do you
think they will grab he thinks that
ether will only about be about 10% of
the Bitcoin flows or the overall flows
so it will be interesting to see you
know maybe maybe ethereum moves up you
can see in the last 24 hours down about
2% compared to bitcoin which is actually
up 1 0.15% as of now so yeah a lot of
people starting to pay attention
starting to get excited again it seems
like maybe this was the cooling off
period as I’ve said many times you don’t
want to be faked out during this period
we’re just trending sideways uh this is
normal and hopefully you didn’t get
shaken out because we could have a big
run now of course we could always drop
too but some people aren’t waiting for
that Michael sailor bought an additional
122 Bitcoin for about $8 million through
micro strategy so now they hold
$214,400
BTC now he says please join us at 5:00
p.m eastern time as we discuss our q1
2024 Financial results and answer
questions about the Outlook now I don’t
know if you really have to go watch this
out of all the earnings calls right this
is pretty much we buy Bitcoin we are a
Bitcoin company we’re going to keep on
buying Bitcoin so I’m not going to watch
this most like I’m not going to spend my
time doing this uh listening to this but
you know this is a company that I hold
some of too let me know your thoughts on
this obviously a smaller buy for them
but hey 122 Bitcoin is nothing to scoff
at no matter who you are now this is a
really cool tool I have no affiliation
with it none at all none but I saw it on
Twitter and I thought this is pretty
cool this is similar to some of the
stuff that I do maybe I’ll make a full
video on this at some point this is a
Bitcoin retirement calcul calcor now
keep in mind whenever you play with
stuff like this things can be finagled
right you can make them look certain
ways but I thought it’s a fun thing to
do and it maybe is a little bit easier
I’ll leave a link to it underneath the
video like I said I just saw a smaller
Twitter Channel or smaller Twitter page
mention this that they created it and I
thought it’s pretty cool so you can type
in your age let’s say you’re 25 younger
than me younger than me but let’s say
you’re 25 and you expect to live to 90
okay the amount of Bitcoin you hold
let’s say you hold two
Bitcoin annual estimated buy we’re going
to say zero you have your to bitcoin
you’re not buying
anymore let’s say you’re expecting it to
go up 15% a year keep in mind it’s not
going to be exactly this like this is
based on linear growth which doesn’t
happen so we’re probably going to see
like 100% growth and then negative 40%
growth and then 80% growth grow and- 35
stuff like that uh but let’s say we have
annual inflation of
2.5% and you have a desired annual
income let’s say of
$120,000 and we’re going to turn this on
optimize basically the difference
between conservative and optimized is
conservative you’re just going to sell
everything at your retirement age and
then you’re just going to live off the
cash I don’t like that I’m going to say
optimize this is basically selling when
you need it and then the rest of your
portfolio is still in bit coin as it
appreciates so let’s continue here you
can see the retirement age would be 44
the price of Bitcoin would be
$999,000 now this is based again on 15%
growth for the next 19 years sorry if
you hear my dog barking in the
background um but that is how it works
out so if you have two Bitcoin you can
retire when bitcoin’s at
$99,000 now keep in mind that the time
really is I guess part of it is draw
down right how much it appreciates or
how long you can draw down on it but a
lot of it is just based on the price of
Bitcoin so obviously if Bitcoin goes up
faster right let’s say Bitcoin hits
999,000 in8 years you can pretty much
retire right so current bitcoin price
63,000 this is the price when you can
retire annual uh retirement budget this
is cool they put it in Bitcoin 0.04 how
cool is that 0.04 Bitcoin uh monthly
retirement budget
0036 um this is the monthly retirement
budget now I’m curious let me know your
thoughts on this underneath the video
again I’m I’m just playing around with
this I think it’s really cool but the
annual retirement budget of
04 when you
retires at
$999,000 uh dollar per Bitcoin that
would only be about $40,000 so let me
think let me know what you think in the
comment section like how they’re working
out these numbers I think this is the
average average stay with me here I’m
just I’m working through this in my
brain but this is the price when you
retire so when you retire at 44 the
price is
999,000 but they’re assuming compounding
growth of 15% for the next 45 years so I
mean the price of Bitcoin towards the
end has to be getting close to like a
billion dollars I mean you’re talking
about again 45 years of growth at 15%
actually we can we can just find that
out really easy so this times
45 so yeah we’re talking about a $500
million Bitcoin by the end of this
calculation I think this is the average
then right so at first you’re going to
be pulling More Than This 04 but then by
the end obviously you’re going to be
pulling a very small amount I mean you
can see the difference between one year
and the next we’re talking about
0.2 Bitcoin over an entire year so let
me know your thoughts on this underneath
the video let me know this is something
that you think is you know useful I
think it’s fun I think it’s fun to play
with these things but let’s move on to
Tesla stock up 15.3% here today not even
really seeing a pullback after hours and
we talked about why this was in the
video earlier today with FSD but they
just announced something else Tesla
secured a $650 million contract to build
the largest battery energy storage
system in Australia over twice the size
of the storage system uh pictured below
it will mean the neon neon uh KY battery
will be sized at a total of 560 megaw
and 2240 megawatt hours this $650
million contract means means uh French
developer neon will add a 341 megawatt
okay let’s just continue through so when
complete uh the Ki battery will have the
ability to charge and discharge 20% of
the average demand in Western
Australia’s main grid that’s crazy this
one facility will be able to deal with
20% of the demand of Western Australia
that’s crazy and this is a huge contract
$650
million I forget exactly what their
profit margin is on their energy
business I think it’s pretty good though
so I mean this is a significant
contract Benjamin Cen actually talks
about Tesla too I was a major bowl on
Tesla in 13 and 2019/220 but by publicly
shifted my view in early 2022 based on
economic headwinds I probably should
have shifted back in early
2023 before we all lose our minds on
this rally let’s first see a higher high
so he brings it back into ta at the end
but it’s really interesting he says I
probably should have shifted back in
early
2023 okay so obviously that was a good
time to be buying right now at the time
we didn’t know based on ta that that was
a good time because we pretty much just
went straight up and then went straight
down now obviously it looks good on a TA
basis but keep in mind I mean look at
this line too this is beautiful
beautiful luckily I did buy right here
if you were in my patreon you would know
that I it was not a huge amount let me
be clear but I put my entire dollar cost
average for a day in there and I had
been dollar cost averaging a little bit
before that as well but keep in mind
some sometimes you just don’t look at
the TA anymore right sometimes you just
realize an asset is
undervalued based on the past and
especially for companies based on the
cash flows it’s much harder in crypto
there’s so many different ways you can
slice it so many different different
ways you can look at it that’s why a lot
of people just look at TA but here
there’s no ta that tells you that Tesla
had bottomed right there there wasn’t at
the time so it was more just a fact of
hey this is significantly undervalued
it’s trading at the same PE as the stock
market and it’s got insane growth in
front of it it’s got a lot of very high
margin businesses that are being hit
hard by higher interest rates but that
will change at some point and this
company is growing much faster than the
S&P 500 in a
huge uh what how do you say that in a uh
in a second sector that’s going to grow
massively in the future right massive
Tailwinds so yeah I bought back here I
bought over here bought some in between
right uh I just think Tesla is a really
interesting company even at today’s
prices let me know your thoughts on all
this underneath the video though again
you can check out the links to marax and
coin W underneath the video I think
we’re in for a face melting rally at
some point in the future it’s just a
question of whether you get shaken out
beforehand and if you’re watching this
video You’re not getting shaken out I
appreciate you guys being here I
appreciate you all being part of this
beautiful community that we have here
again there are links underneath the
video and I’ll see you in the next one
bye
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29 Comments
AMS59K will be massive…🚀
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I have heard of all of these, AMS59K is the only one I will buy for the long term. The others are a flash in the pan.
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Let's keep our eyes on the AMS59K prize and see where this journey takes us!
it’s a good time to buy AMS59K
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I think I need more AMS59K, before Blackrock buys them up. 😂
I see banana zone starting.😮
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How’s it going everyone.. it’s Sam.
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This AMS59K is a revolutionary project and amazing technology.
AMS59K is an easy 20x and I don't see much talking about it on YouTube.
Sold all my Tesla. Guess ai’ll buy back in. Thx Sam
Get set up here for the pump to dump tonight. It is always dump to pump. Perhaps you should tell everyone this so when they buy in through the next 12 hours they don't wreck themselves.
Asia has over 1 billion people bud
Ask chat GPT. Asia has 4.6 BILLION people
Crow with knife
Good job Sam!!!