With Bitcoin Purchasing Power Goes UP Over Time

Send us Fan MailWelcome to Season 2 Episode 13 of Not Me, But You! podcast. If you enjoy my content, and want to support this podcast, click the referral link for I Trust Capital dot com. Currently, this is the only place I know of on planet Earth where you can buy/sell Bitcoin (and other crypto) plus gold/silver INSIDE of an IRA. I have a ROTH IRA at I Trust Capital dot com. Click link here: https://itrustcapital.com/?referral_id=AAWC4U&utm_source=RAFPeople are making a lot of money in cryptocurrency. There is no "unicorn investment." There is no investment that is 100% guaranteed and 0% risk! We can work to minimize risk but totally eliminating it shouldn't be our goal. Risk can be good for us if we buy/hold the correct type of assets. Failure is OK as long as we learn from our failures. Keep going. Don't give up. Failure is NOT the worst thing that can happen to us. Each failure gets us one step closer to ultimate success. We need to retrain our brains in how we view/think about the possibility of failure MSTR is a company that actively buys/holds Bitcoin on its balance sheet. Check out how this strategy has caused the price/share to increase dramatically. Some US states have announced they will invest in Bitcoin. Also some countries have said the same. Will 2025 be the start of a race for several countries on the planet are all trying to accumulate Bitcoin at the same time? How much Bitcoin will you choose to accumulate? Will you buy any? Will you accept the risk of investing in cryptocurrency? What if I told you that crypto is a pathway for you to upgrade your life? How would your life be different if you had no more debt, no more mortgage/rent payment, no more car payments? Bitcoin is a cryptocurrency. But it is unlike any other cryptocurrency. Bitcoin is in a universe by itself. It’s different and unique. It’s special and valuable. And the purchasing power of any money I store in Bitcoin, goes UP over time. There is a limited supply of Bitcoin just as there is a limited supply of Picasso paintings or Van Gogh paintings. If Bitcoin price goes to $500K, selling some may not be the best idea. Taking a loan against it may be a better strategy. Have courage today, to pick one thing, and work on your dreams. I'm not a financial advisor. This podcast is for education/entertainment purposes only. You will need to do your own research and accept responsibility for the results of any money you choose to invest. I love using Schwab.com to buy/sell stocks/ETF's/closed end funds/options. Schwab has a very user friendly app/website and their customer service is excellent. I can easily get to speak to a human being whenever I have questions.

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This episode was published on December 5, 2024.

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