 Welcome to digital asset news to get top stories and crypto currency and digital assets and bring them on the bite-sized pieces today We've already talked about what's going on the market. It's a great day in the market. It's April 13th It's almost 2 p.m. I'll pass. Oh, Texas time and the market is exploding. We're all we're about 2.2 trillion Market cap Bitcoin is reaching all-time high thermo reaching all-time high. Everything is just up massively And what I want to talk to you about is this was a great question From Tony and Tony was he was one of our guides over there in Puerto Rico We went on an excursion in the rainforest good guy good guy And and he was asking me about you know crypto currencies and he's like listen Did I miss the boat? Because you know, I've only got so much to really invest into I want to make a mistake I just putting it into and then just you know just lose everything because I'm gonna hit the top and then how much can I really make because you know, maybe this is not the time because maybe I could just put into something else my business Some other type of property or maybe a stock and make more money And I thought you know, that's a pretty good question especially we don't have a ton of money to you know dump all into it and Maybe you know because we see all these huge all-time eyes new higher highs this currencies or this crypto is going up This digital asset is you know going to the moon already So are you missing everything and I'm here to tell you you haven't I'm gonna pretty much lay out exactly why that is So before I get into dollar cost average value cost average just going all in The times to do that and the times to be super cautious Let me just take you through a little lesson and if you are new to the channel This will be enlightening if you're not new you like Probably this for for your averages or for your cycles. I'll make this quick So look everything the last eight years has been a four-year cycle. This cycle is a bit different I'm gonna talk about that in a second. So Everything goes with Bitcoin right Bitcoin is a thing called a having and once you have the having you the miners They get they did the same work that they get half the results So in 2012 you went from 50 to 25 right in a day That's what happens. So you have the same demand but have to supply and that suck well not for prices So you have a having in 2012 and it late leads to an all-time high again You have a ton of demand but have to supply and then after that all-time high You get these big hockey sticks and a smart money is like that's unsustainable and then they just there's a dip and then a reset Same thing happened in the last boatman 2016 having you had an all-time high Smart money goes this hockey stick. This are just unsustainable. You have a dip and a reset now We're having the same thing again this year these last two years 2020 was a having 2021 will be our all-time high. We've already hit the all-time highs, but I but the thing is it blow this up In reality, we have to extrapolate this year because if you take a look at this year over here It kind of looks very condensed till in 21, right? It looks like where are we? Well, this is where we're at. You have to understand January, February, March, April. It's only April 13th. We're still on this very flat trajectory Let me blow this up so you can see it We're still in this very flat trajectory, right? It's very flat And there's not really not too much going on. So the question is is like, well, should I get into it? This is not financial advice. Let me make that very clear And as you notice where my house today the pool room office is being redone because it's falling apart That's how it is, but I need to put this out because that was important So you have to understand that as this kind of goes out Did you miss the boat? Did you miss everything in my opinion? This is the second best time you could possibly invest the best time was in 2018 and 19 when it just fell down to the ground and everything was going flat or just going down and down down you could have picked up some really cheap stuff and That's how that goes. So right now if we take a look at this chart if we extrapolate from You know, what happens in the last bull run before that it looks pretty much like we just saw right? Big huge hockey stick going up comes unsustainable. So if I had like let's say a thousand bucks Let's just use round numbers, right? Some of you have way less. Some of you have way more I don't know where you're at, but round numbers seems to work pretty well for me. I'm not great at math So here we go. So if you did this let's say in January like 25 bucks Once a week I'm gonna put into something whatever that is that could be Bitcoin That could be a theorem that could be tomato coin, whatever else it is, right? Want to take a look at Bitcoin? That's a pretty good pretty good bet, right? So 25 bucks Here per week That's like a hundred bucks a month then here then maybe you stepped up your game. You're like, you know what? I'm gonna put 50 bucks Every other week here because maybe there was a dip or something. Okay, and you go Da-da-da-da and then around here, but you see how like once it starts to go up once it starts to go up You don't want to start to put a bunch of money into it because see right here in June This is June. This was actually June 2017 obviously around 2021. Just kidding. I'm just doing a parallel What you want to do is if your dollar cost averaging and you want to put 25 bucks in you want to wait a little bit until you see a dip You could do whatever you want to but for me, this is how I do things I just dollar cost average in and then I just go along with that sideways I you know don't 25 bucks but when it starts to dip and I see a big dip I put more in for my dollar cost averaging August September October Once you start to see these huge price influxes because you have to understand in 2017 Bitcoin is around a thousand bucks in March you're looking at 1400 April 1500 that is you know 1.5 X In just a small amount of time don't want to get here. You're looking at three thousand four thousand dollars That's a lot of money. So when you start to go from four thousand down to like 3000 that's the time you probably want to dollar cost average in but put a little bit more money If you can at the right times as is dipping so then maybe you put on 25 and 15 whatever else So again, I think if we look at parallels between what has happened before and what's going to happen This is in my opinion April May May around June pretty great time to invest however you want to do it I here's another another thing you could do or I could do I can't give you any any financial advice So what if you just do what's called value cost average? Well instead of doing dollar cost average with some people say it's pretty boring like you know what I want a little bit More risk. I want to just go in a little bit more heavy. Let's say you got a thousand bucks So just take four price points and put in 250. Let's say you had two thousand dollars Well, you put in 500 bucks and do four and it doesn't really matter You could have ten thousand dollars and you want to value cost average in over eight, you know Time periods or whatever else it doesn't matter value cost average dollar cost average are pretty similar You just use in a little bit more money and a small amount of time frame. So in this situation Let's say you take you like, you know what in March I'm gonna put 250 here and then Just not do anything and watch it go up and pretty happy about that. Maybe you take profits Maybe you don't I don't know and then around here 250 you say, okay, I'm gonna buy it right here Maybe it goes out. Let I know big deal. Then you then you wait and all of a sudden. Oh, there's a big dip I'm gonna buy this and it comes over here. It goes up. Maybe take profits here or not Maybe let it ride if you come up here again You see a little bit of a dip and you jump on it and there you go And you wait for this to happen this big hockey stick where I talk about things just unsustainable That is value-cost averaging so they go in 25 25 1 you just put big lumps into 4 6 8 12 different allocations and then here's my Here's what my friend did he does did he is from the Bitcoin family link in the description great channel He just said like this. This is what he did in 2017 He just said, you know what I'm just gonna sell my entire house my businesses my Motorcycles my kidneys and I'm just gonna just put it all on Bitcoin And he put out a thousand bucks you put a lot in but for me if I wanted to go all in this would probably be the time Maybe to do it. There's a little bit more risk Actually, there's a lot of bit a lot more risk because we never know what could potentially happen Maybe an EMP comes down and destroys everything as far as electronic. Maybe there's Who knows some kind of catalyst that just destroys Western civilization or maybe there's some kind of microbe that destroys all computers I Don't know. Maybe there's another pandemic. Who knows? I don't know so like with this situation If you go all in it's really about like first of all never go all in when you see like a 200% 400% 600% increase in a very short amount of time. That's not a great idea I wouldn't do that you can do whatever you want to do now financial advice But if you're everything's trading sideways and you think you believe in technology believe in the team of what their cryptocurrency is That's probably a good time to go in but there's a flip side to everything and I need to show you this even though it's not most fun so Let's take a look again at 2021 and let's go into 2022. So remember those four-year cycles. What happened after an all-time high? There was a dip and a reset and That was in 2012 2013 and then 2017 all-time high dip and a reset So everything's looking pretty good right except when you get to this dip and reset now people will tell me and They could be right that this is totally different Rob because there are so many Institutions and there are so many people Stabilizing the entire crypto market and I say to them you are full of it because here's what it comes down to These institutions they are not stabilizing the entire crypto market They are stabilizing Bitcoin and to some extent Ethereum so I can see definitely what you're saying there but I do not believe that these institutions are here to stabilize a Tomato coin to stabilize a pick your 100 altcoin pick anything below the top 10 They're not here to stabilize those things. They're here to stabilize especially these big huge institutions Bitcoin so when people talk about well, there's gonna be a bear market There's gonna be a bear market. Do I know it's gonna be totally focused on Bitcoin and everything else not for sure That's why I'm only getting out half of my position of Bitcoin And I'm getting out 80 to now 90% of all of my altcoins So I do believe that there is a bear market coming So if you are just involved in the Bitcoin a little bit different for you But if you're involved in any kind of alts and that's of course where we talk about risk versus reward This is something you want to pay attention to so let's take a look at the back end of 2017 which was 2018 2019. Let's extrapolate that out to maybe potentially 2022 and 2023 So what's going on here? Well, if we dollar cost average, which we could definitely do at that point Here's the problem with dollar cost averaging in pretty much a bear market. See here. Let me blow this up I'm actually really gonna blow it up. Let's say we start over here and we got this is January Not a great one. Do the regular view. That's good. So we got January here This is when a lot of people not you usually FOMO in Into cryptocurrency digital assets everything at the top. It's amazing It's all looks awful when you are, you know looking at this and then you you kind of come in You're like, oh, it's all the way at the top That's what I want to buy because it's gonna keep going the moon. Trust me You think it's funny right now, but that's exactly what's gonna happen If you watch in this video, you're pretty early the game wait till August, September, October, November when everybody who you've ever known in your life If I gonna be calling you for what's over this Bitcoin? This is where they're gonna buy into so they're gonna do this And they're gonna lose a bunch of money Because they're like, well, I mean they were smart enough to dollar cost average or good enough then that's great So 20 bucks like I lost a little bit then they're like, well, I went down, but it'll come back up And sure did you're like, you know what? I'm pretty savvy. I'm gonna buy it again And it kind of goes down and down which maybe you listen you're like, you know what? I'm waiting for this massive dip and then dips down here and you get lucky 50 bucks Like I'm a genius and then it goes up But see the problem is you've already spent 200 bucks here and you actually you spent $300 And only $100 worth of that is actually gonna be in profit So now you could take profit, but it's not that much and you've actually lost some But you're like, you know what still gonna dollar cost average 25 50 25 And you try to do the things you're supposed to do which is buy the dips which is great But you already kind of underwater over here and that's one of those problems. That's just one of those things so You can dollar cost average and that's what I recommend. So when are you gonna make money in dollar cost averaging? Well, it's gonna work out pretty well After the bear market you start to do when everything goes sideways you just hold and hold and you become an investor and Yes, it's gonna take a little bit of time But there is no get rich quick schemes and then once you do all this for you know Six months to a year to 18 months. Maybe as time goes on things are looking pretty good and you sell over here That is one of those things with a bear market or a bull market versus an actual bear market Here's another example So what if we just did value cost averaging well, we can do that again But again, this is what I think majority of people are gonna do they're gonna buy at the top and they're gonna lose a bunch of money and They're like shoot. I'll just wait until you know What I hear everybody talks about is buy the dip by the dip by the dip have strong hands diamond hands I can do that I buy the dip I'm a genius and it goes down even more and you're like, oh this sucks Then it goes here and you're pretty much even dip up dip You're like, you know what I'll just wait until another dip and I'll just keep buying by here or by there You can buy anywhere you want to the problem is that most people buy at the top And they sell at the bottom, which is pretty much the thing that you're not supposed to do but it does happen So again, when can you do this? You just got to write it out and that's it again But this mean a bull market and a bear market and lastly you want to go all in Sure, maybe you get smart. You're like, that's crazy. I'm gonna wait for a dip. You wait for the dip You buy it here. I'm a genius and it goes up. I'm great But I know it's gonna go higher and then it does this so That is the problems with a bull market versus bear market again, I think if you hear right now You're in a pretty great place. I believe Even if you go dollar-cost average if you value cost average or you go on it all at some point But the thing is is like you have to be careful because some people will just say well I'll just go all in and I'll just wait for four or five years That might work for you or doesn't work for everybody because some people they just look at their portfolio and go Wow, I just lost 20% but the last thing I'll tell you is this This is not the traditional market. This is cryptocurrency and digital assets And you have to understand that a 20% to 30% dip is not a big deal in the traditional market in the stock market in Nasdaq That's huge and that's gonna be just awful. But here in crypto. We call that a Tuesday Not a big deal. So if you're new to the space, don't worry You're probably here for the really great ride and I commend you. I wish I could have started here But I didn't I started all the way back in 2017 and did the exact problems. I just laid out I bought the top and I could have sold the bottom just to damn stubborn I'm just held on dollar-cost average for the last four years and here we are All right, so that's it for this video if you made it all the way the end first of all Thanks for watching. I really appreciate it. Tony. This is for you You are in the right place at the right time if you like these types of videos go ahead and subscribe Little buttons down below hit the bell and that is it for today. So thanks so much for watching. I appreciate it See you on the next one