Bitcoin dipped this much 26 TIMES in the last 17 years, and gone on to set a new all time highs!

Bitcoin has been down this much or more
26 times in its history and gone on to
set a new record all-time high every
single time. So what? It’s dipping. It’s
not like we haven’t been here before.
Let’s do a recap. Okay, first of all, is
Bitcoin still durable, divisible,
portable, fungeible, authenticatable,
and most importantly, scarce? Yes. All
of the fundamental elements that give
Bitcoin value are still there. Nothing
has changed. The price is down, but so
what? It’s down because people are
panicking. The stock market is down.
Everybody’s trying to save their house.
They’re trying to save their business.
They’re trying to keep from having to
file bankruptcy. Look, all of that’s
understandable. If you have to sell
Bitcoin to try to save your life from
financial catastrophe, well, hopefully
Bitcoin can serve you well in doing
that, but that puts pressure on the
marketplace. But 26 different times
Bitcoin has been down 24% or more, which
is what it is right now. and every time
has recovered to new all-time highs. It
is only a matter of time. People act,
especially if they’re new to Bitcoin,
like this is the first time we’ve
experienced any of this. I personally
have been through a bunch of dips that
were as bad or worse than this one. And
what did I do? Well, early on in 2016,
or sorry, 2017 and 2018, I was not smart
enough to be buying the dips because I
didn’t know why it was dipping. I wasn’t
paying attention. I did not know the
attributes of a good money. I just knew
that Bitcoin was a cool new technology.
I was in favor of sound money. So, I was
not buying the dips the way I should
have been early in my Bitcoin career.
But later in my Bitcoin career,
especially uh in 2021, 2022, well,
really ramping up significantly in 2022,
2023, 2024, and 2025, I became a very
aggressive dip buyer. So, as the price
was falling in 2023,
uh it was down to I guess it was 2022 or
2023, whichever one it was. Anyway, the
price was falling and the price had
fallen down to uh $23,000 per coin. And
I put a quarter of all of my charitable
giving funds uh in Bitcoin. And then it
fell down to 21,000 a coin. And I put
another quarter of all of my charitable
giving funds. Ultimately, I ended up
with more than half of all of my
charitable giving funds in Bitcoin. And
those funds have an average Bitcoin
price of $22,000 per coin. So those
funds are massively up. I can be much
more generous with all of the things I
support because I had the courage to buy
the dip down at the near the lonely
bottom. Now, Bitcoin went on to dip
lower than that, but I still got a
substantial amount of Bitcoin uh in the
low 20,000s at an average price of
22,000 for charitable giving in the
future. that Bitcoin has increased in
value by a factor of roughly 4x.
Actually, it’s almost 5x, but anyway, or
it has been as high as 5x, but you know,
it’s more than quadrupled in value,
giving me a huge amount more purchasing
power. I was buying a bunch of Bitcoin
below $20,000 for with personal funds.
Then, as the price climbed from 2023
into 2024,
the price was dipping in 2024. And it
gave me the conviction because of the
price dip to put my entire Bombgar
Corporation 11 years of 401k into
Bitcoin at a price of 57,300.
And then later in 2025, uh I had 97% of
my entire liquid net worth in Bitcoin
and I put uh when the price dipped into
the 80,000s, I put another 2% in and
then I was at 99%. And then it dipped
into the high 70,000s or mid70,000s.
And while it was in the high7,000s, uh,
right before it dipped into the
mid70,000s, I put my last 1% of all of
my liquid assets in Bitcoin. So, I’ve
been 100% Bitcoin since April of this
year. Again, Bitcoin has dipped this
much or more, 26 times in its life, in
its 17-year life, and has recovered to
set a new all-time high every single
time. This is normal. Uh, it’s just the
pattern of every asset. The more
volatility an asset has, the more
potential future upside. Uh volatile,
excuse me, Michael Sailor says
volatility is vitality. If something
goes up and down, it can go up a lot. If
something is not ever going down, it’s
also not going up very much either.
There are no assets that have a huge
upside without volatility to the
downside on the way. By definition, if
an asset has a huge amount of upside
potential, it’s going to be volatile on
the way up for all the reasons I’ve
explained in numerous other videos. So,
we’ve been here 26 times. I’ve bought
the dip a bunch of times myself. Each
time I it dips, I buy more if I possibly
can because it feels like the market is
being irrational. There’s nothing wrong
with Bitcoin. People are selling it on
sale. And if you dangle cheap Bitcoin in
front of me long enough, eventually I’m
going to find a way to buy it. And so as
of, you know, a week or two ago, as the
price was dipping down toward $100,000,
I decided I was going to sell the little
bit of gold and silver I have back from
2017 and buy Bitcoin with that. It is
not a liquid asset because there’s not,
you know, it takes weeks to get
liquidity on it. It’s not like you can
just go buy it and sell it on a whim,
unless you want to take a huge price
discount at a pawn shop or something
like that. Um, but I did not want to go
to a pawn shop. I wanted to sell it for
the best price I could get for it, which
was at SD Bullion. And that’s fine, but
it’s a multi-week process to to get
money uh for gold and silver. But again,
I did that because the price was
dipping. I would not I was planning to
just sit on that gold and silver
forever. Why not? It’s a nice little,
you know, precious metals reserve. Uh it
was not part of my liquid assets and so
who cares? But the price dipped and it
shook that money loose and I’m going to
buy the dip. So I don’t care if it’s
lonely down here at the bottom. I don’t
care if other people are buying the dip
or not. Um, I have been buying the dip
for years now. And you know, after I buy
this one with all the gold and silver, I
have no idea what else I have of value
that would free up assets to buy
additional dips in the future. I don’t
know. Um, so far I have not borrowed
money to buy Bitcoin other than finance
my Tesla and finance a Sleep Number bed.
Um, which has enabled me to not sell
Bitcoin. It has not enabled me to buy
more Bitcoin, but it has enabled me to
not sell Bitcoin to pay for those things
by financing them. Um, but I don’t know,
in the future, the dips might be so
irrational that I’m actually willing to
borrow against a little bit of my
Bitcoin to buy some more Bitcoin. I’ve
never done that. I do not recommend it.
You can get margin called. It only makes
sense to do that if Bitcoin is radically
on sale. Um, so I don’t think I will go
to that, but I will find some way if
Bitcoin keeps dipping in the future,
keeps acting irrational, and people keep
wanting to sell me their cheap Bitcoin,
eventually I will find a way to take
that cheap Bitcoin off of their hands.
Because again, if the market’s being
irrational and stupid, well, I’m going
to find a way to accumulate more Bitcoin
because it’s going to serve me well. And
there’s going to be a whole lot of
people that wish they had bought the
dips. I mean, I’m gonna I know it. I’m
going to have a numerous conversations
over the next 5 years with people
saying, “Yeah, it dipped below $100,000
and I just I just didn’t have the
conviction to buy it.” So, you know
what? They’re going to buy a bunch of
$150,000 Bitcoin instead. That’s fine,
but there’s a huge amount of economic,
you know, you miss out on 50% of all the
benefits between 100 and 150. If you
don’t have the conviction to buy it
below 100 and you only have the
conviction to buy it above 150, that’s
fine. Bitcoin’s a great asset. It’ll
serve you well regardless, but it serves
you a lot better if you have a cheaper
entry price. And unless you are already
100% allocated, which I thought I was
until I decided to break loose some of
this gold and silver, then uh you know,
I you can always find ways of buying
more Bitcoin if your conviction is high
enough. I I always have some way or
another uh found a way to get at least a
little more Bitcoin in the big dips like
right now. So that’s exactly what I’m
doing. So, as soon as this wire transfer
from SD Bullion comes in for this gold
and silver I shipped off to them on
Friday of last week, I will immediately
buy more Bitcoin with that money,
regardless of the price of Bitcoin. And
again, it’s on sale. I know it’s lonely
at the bottom. I know it doesn’t feel
good, but the highest rate of return you
get on any investment are the ones that
are the most gut-wrenching when you
actually make them. The ones that feel
the worst when you actually pull the
trigger tend to perform the best because
it means you’re buying them when they’re
down. the investments that feel the
best, meaning you’re buying into
euphoria when everybody thinks it’s
going to the moon, you know, can’t lose,
it’s way up, those investments tend to
uh perform the poorest because you’re
buying the asset when it’s most euphoric
and it’s most expensive, which is not
the case right now for Bitcoin. Bitcoin
is on sale, in my opinion, a great time
to buy it. And if you want to follow all
the details, James Czech, my favorite
Bitcoin analyst, is by far the best
person to keep you in the loop on
exactly what might happen, the
probabilities of each. I I try to share
a lot of what he says back here through
my own channels, uh, in a very
simplified manner. But, uh, I recommend
James Czech. He’s fantastic. So, anyway,
have a great day. Bitcoin’s on sale. I’m
buying more. Whether you’re buying more
or not, well, that’s up to you. But, I’m
buying more. That’s what I’m doing. And
it’s going to serve me well. And it
always has.