Is it a good time to invest in bitcoin now? Or should I wait?

00:01 hey everyone you’re probably wondering
00:03 with Bitcoin at $103,000 per coin is it
00:06 a good time to invest in Bitcoin or
00:08 should you wait my answer is always the
00:10 same now is a good time to invest in
00:12 Bitcoin and you’re probably thinking
00:14 “But wait Joel you always say that you
00:16 always say it’s a good time to invest in
00:18 Bitcoin how can it always be a good time
00:20 to invest in Bitcoin?” The answer is
00:21 because you can’t time the market and
00:24 what I mean by timing the market is you
00:26 can’t tell what is high and what is low
00:28 it’s impossible to tell what’s high and
00:30 what is low because you don’t know the
00:31 future and so what seems high or seems
00:34 low is only as related to the recent
00:37 past or the past in general and with any
00:41 asset that has a huge amount of upside
00:43 potential what matters is the future and
00:45 not the past so you you don’t know what
00:48 low or high is because you don’t know
00:49 what the future holds uh so let’s
00:51 imagine you you’re going to rewind back
00:53 to the 1990s and you’re trying to invest
00:56 in you’re trying to decide whether to
00:57 invest in Amazon or Apple or you know
01:01 Amazon or I should say uh Microsoft or
01:04 any of the companies that became part of
01:06 the Magnificent 7 that actually existed
01:08 back in the ’90s and let’s say their
01:11 stock price today is $500 and back then
01:14 it was you know 50 so you could have
01:16 made a,000 times your money literally 1
01:18 0 0 0,000 times your money $1,000 turns
01:22 into a million dollar well 50 cent stock
01:26 price is you’re thinking “Oh but but
01:28 that’s really expensive because it was
01:30 40 cents and now it’s 50 cents and 50
01:32 cents is close to the highest it’s ever
01:34 been so why would I buy Microsoft or
01:36 Amazon or Apple at 50 cents a share it’s
01:38 so expensive because it used to be 30
01:40 cents and then it used to be 40 cents
01:42 and now it’s 50 cents.” Well again in
01:44 retrospect you should have bought it at
01:46 any of those prices you should have
01:47 bought it at 30 cents 40 cents 50 cents
01:50 all of the prices in the 1990s were
01:53 fantastic prices to buy Amazon Apple or
01:55 Microsoft there was no bad time to buy
01:58 it you know there was no concept of high
02:01 or low that made sense because even the
02:03 highest price in the 1990s looks
02:07 ridiculously cheap today and so if you
02:09 only bought assets when they seemed like
02:11 they were cheap you’d basically never
02:13 buy any high-erforming asset because
02:15 high-erforming assets go up over time
02:18 which means they’re constantly feeling
02:19 like they’re expensive bitcoin itself
02:22 has felt expensive from day one
02:25 literally every single person who has
02:27 ever acquired Bitcoin at any price has
02:30 thought it was expensive because
02:32 initially it had no price and it was
02:34 priced at a fraction of a penny and then
02:36 it was worth a bitcoin was worth a penny
02:37 and that seems so expensive and then it
02:40 was worth 10 cents and that seems so
02:41 expensive and then it was worth a dollar
02:43 and it seemed so expensive cuz it used
02:45 to be worth just 10 cents or 1 cent and
02:47 then it was worth $10 and that seems so
02:48 expensive and then it was $100 and then
02:51 a,000 and$10,000 all of those prices
02:53 seemed so expensive and since I’ve been
02:57 involved in Bitcoin since
02:59 2017 which is 8 years now um back then
03:03 uh the prices today I remember everybody
03:05 thinking back then uh the same thing
03:07 they think now except there was a zero
03:09 missing so the price of Bitcoin right
03:11 now is
03:12 103,000 and back then it was 10,300
03:15 exactly the same price you just take a
03:17 zero off 103,000 turns into 10,300 and
03:21 then it dipped to 7,400 which is the
03:23 equivalent of 74,000 and then it went up
03:26 to 80 you know 8,500 and then it was
03:29 9,400 and then it was 10,300 again all
03:32 the time everyone was worried about it’s
03:34 expensive and you know why would I buy
03:36 it at 10,300 because it used to be
03:39 8,400 just 3 weeks ago and before that
03:41 it was 7,400 and then it was 9,600 and
03:45 like everybody spent all this time
03:47 worrying that they were buying expensive
03:49 Bitcoin when the truth is all of those
03:51 prices are up a,000%
03:53 everyone who bought who who bought
03:55 Bitcoin at any price between 7,400 and
04:00 10,300 is up somewhere between 10 and 15
04:03 times their money which is a fantastic
04:06 return over eight years that is a
04:08 fantastic return so um but again
04:11 everybody tons of people were not buying
04:13 Bitcoin at 10,300 because it was so
04:15 expensive and they were going to wait
04:16 for they were going to wait till they
04:17 could buy it at 8,500 and then of course
04:20 you know eventually 8,500 never came and
04:22 they never got to buy Bitcoin at 8,500
04:25 because it took off and it just went a
04:27 whole lot higher um so anyway it’s never
04:30 a bad time to buy Bitcoin uh when you’re
04:32 when you’re sitting on an asset or you
04:34 can potentially be buying an asset that
04:37 will be up 10x somewhere between 10x and
04:39 50x 100x whatever in the future every
04:42 price is cheap um I can’t time the
04:45 market the the person who buys more
04:46 Bitcoin than any other human on the
04:48 planet is Michael Sailor the uh CEO of
04:50 Micro Strategy mstr is their ticker and
04:53 they just go by the word strategy now he
04:55 has bought more Bitcoin than any other
04:57 human on the planet and he buys it at
04:59 every price every time he has capital
05:01 availability he buys Bitcoin he doesn’t
05:02 make any effort whatsoever to try to
05:05 time the market because he knows it’s
05:06 impossible to time the market i know
05:08 it’s impossible to time the market and
05:10 anyone who’s ever tried to trade stocks
05:12 or trade commodities or play the stock
05:15 market all knows you get burned you
05:17 cannot tell when it’s high you can’t
05:19 tell when it’s low you know when it
05:22 feels like a great time to buy it is
05:24 when it’s going up it feels like a bad
05:26 time to buy everything when the price is
05:28 on sale like you will just never win by
05:31 trying to wait to buy when things are
05:33 cheap because they will always seem like
05:35 they’re expensive with and you just
05:37 you’ll end up never buying that’s the re
05:38 the vast majority of the time the reason
05:40 people never bought Amazon or Microsoft
05:43 or Apple is the stock seemed too
05:44 expensive well they could have made you
05:46 know a hundred times a thousand times
05:48 now their money literally a thousand
05:49 times their money from 1990s to the to
05:53 the present but they didn’t because it
05:55 was too expensive it was too expensive
05:56 to buy back then so my recommendation to
05:59 everybody is whatever Bitcoin you’re
06:02 going to buy just buy it u put it out of
06:04 your mind stop thinking about it come
06:06 back at some point at years in the
06:08 future it’ll be worth a lot more if you
06:10 try to time it by buying it at specific
06:12 prices I promise you’ll lose people
06:14 always do they always try they always
06:16 lose just don’t do that if you’re gonna
06:18 buy Bitcoin just buy it um anyway it’s
06:21 same advice I’ve been giving for years
06:23 the same advice I was giving when
06:24 Bitcoin was below 7 $17,000 so everybody
06:28 who bought Bitcoin when I was saying
06:29 this exact same thing below $17,000 is
06:32 up 600% they made six times their money
06:34 and that was from 2022 2023 uh to the
06:39 present so just in the last two or three
06:40 years there’s up they’re up 600% on the
06:43 Bitcoin they said to buy and back then
06:45 again everybody was like “Yeah but FTX
06:47 blew up it could go lower bitcoin’s
06:49 $17,000 i’m going to wait and buy it
06:51 till it’s $15,000.” Guess what it never
06:53 it never was $15,000 um if you wanted
06:57 $15,000 Bitcoin you had to do that years
06:59 earlier than that it never got that low
07:01 in 2022 and I didn’t try to time the
07:03 market i was buying it all the way down
07:05 i’ve been buying it all the way up the
07:07 most recent Bitcoin I bought was when my
07:09 paycheck hit what day of the week is it
07:11 okay so it’s the 17th so I had a
07:13 paycheck hit earlier this week um and I
07:16 literally it hit the bank account and I
07:18 went in and I bought Bitcoin at 104,000
07:20 a coin or whatever it was earlier this
07:22 week 103 104,000 a coin i’m not going to
07:25 wait in time the market i have no idea
07:27 for all I know 150,000’s right around
07:30 the corner like why on earth would I
07:32 wait and try to get it a little cheaper
07:34 and then miss up on a,000% upside
07:37 because I was waiting for 10% cheaper it
07:39 just doesn’t make any sense to do that
07:40 um so it’s good time to buy Bitcoin i
07:44 would buy again anybody who’s planning
07:45 to buy Bitcoin just buy it like again
07:47 you can’t time the market ask anybody
07:49 who’s ever attempted to time the market
07:51 you can’t time the bit the market with
07:53 Bitcoin you can’t uh time the market
07:55 with any asset uh so buy whatever
07:57 Bitcoin you can sit on it as long as
07:59 conceivably possible and um that’s same
08:02 advice as always and it’s the same
08:03 advice at uh at you know10 $103,000 as
08:08 it is at
08:09 $10,300 which is the same price price
08:12 recommendation at $103 um also if you’re
08:15 wondering why I’m sitting in the dark
08:16 it’s because my power is out for the
08:18 10th time in 2025 literally the 10th
08:20 time for more than 40 hours of
08:24 2025 my power has somehow been out uh in
08:28 Mississippi um so I travel a lot but
08:31 sometimes I’m in Mississippi and I’m in
08:32 Mississippi right now and the power is
08:34 out for the literal 10th time in 2025
08:37 for a cumulative total of more than 40
08:39 hours it feels like I’m living in a
08:41 third world country for power
08:43 availability the the power availability
08:45 everywhere I travel is better than here
08:48 so in Honduras the power availability is
08:51 much more reliable in Honduras than it
08:54 is when I’m in Mississippi i just don’t
08:56 know how that’s even possible but for
08:58 whatever reason the power is constantly
09:00 going in and out and it is it’s not just
09:03 me it’s like the whole area around me is
09:05 constantly losing power so at some point
09:07 I may buy that generator i’ve been
09:09 talking about buying i just don’t want
09:10 to separate i don’t want to pay the
09:12 Bitcoin to buy it and Bitcoin is the
09:14 only form of currency I have to buy this
09:15 generator and you know it’s a shame to
09:18 buy something with Bitcoin when it’s
09:19 going to go up in the future but if it’s
09:21 the only currency you have like me at
09:22 some point you got to decide you’re sick
09:24 of living in the dark um so anyway I may
09:26 finally pull the trigger on that who
09:28 knows we’ll see uh but now’s a great
09:30 time to buy Bitcoin uh that has not
09:32 changed and um anyway buy as much as you
09:35 can sit on it as long as conceivably
09:36 possible my advice has stayed the same
09:38 year upon year upon year and it’s never
09:41 been bad advice have a great evening
09:43 everyone thanks