 Welcome to the Jalassette News to get top stories and cryptocurrency and Jalassette's and break them down to bite-sized pieces. So today, instead of going over the news that is going on, and let me just preface it with this, all the news is fantastic. I want to talk to you about why I think that if you're just getting in right now, this is like the perfect time of all times to really get in. And what I'm talking about is because when I got in in 2017, I didn't really understand about cycles. I didn't really understand really what cryptocurrency and digital assets were, and I just kind of dumped a bunch of money into it. And I paid the price at the beginning of 2018 when there was a massive dump. And if I would have known exactly what I'm going to tell you today, I would have had stronger hands. I think I would have made a lot better decisions. So again, to reiterate, this is like the perfect time if you were just getting in right now. Also, you'll notice that I'm using the wired headphone again because we've used a couple of different microphones. And because of, you know, we're in the office and it's a pretty big place and it's just echoes everywhere. So this amazingly enough is the best microphone I found so far. Anyhow, so let's take a look at what's going on with the market. And we're going to go over this real quick because it's relevant to a point. So first of all, it is, Jesus Christ, January 6th, 8am, El Paso, Texas time. And Bitcoin is making up, of course, more gains today. It's up 26% for the week, 7%. It's at 34.5%. And even last night, it was at 35,500. So if you're a Bitcoin holder, congratulations, this was a great day. And we are hitting an all-time highs. The market cap is $961 billion. We are almost at a $1 trillion market cap and we have never seen that. Just going from there, we take a look at the alts. Ethereum, that's $1,100. USD, no one cares. XRP is up, hey, 25 cents. Like coins up, dots, I mean, everything's up, really. Cardano's making a massive run. Stellar's huge. Stellar's huge in Ukraine, I guess. They have some new deal, so good for all the Stellar holders. I hold Stellar, too. So we're looking at all these things. Like, why is it the best time? Well, actually, the best time, if you take a look at it, is, let me just switch over here. Let me show you. This is the historical charts. And you can find us at 99bitcoins.com. It's the best website I've found to go all the way back to the very beginning, almost to, I think it was like 2010, which CoinMarketCap and CoinGecko, they don't go that far back. But these ones do. And I dollar-cost average. If you're new to the channel, welcome, but I'm not a trader. I don't do a lot of big moves. I just invest and I'm just an investor. Very boring. I just put money in every, sometimes day, sometimes every three days, sometimes every week. And to me, the time when you make all the money, really, is right here. See where it's really boring, nothing really going on? That's when you invest, because that's when nobody invests, because it's not exciting. There is nothing exciting about waking up and going, wow, you know, Bitcoin's up 0.2%, fantastic. Now, if you're in the traditional market, that is huge, huge news. You're like, wow, you know, almost, almost a half a point. That's amazing. But in cryptocurrency, it's super boring for us. And that's just how it is. But it is where all the money is being made. However, I will say this. Right now where we are at, you have to understand something first. Let me back up. Everything goes in cycles. Everything goes in cycles. So what I'm going to show you is everything goes from having all-time high dip reset, having all-time high dip reset. What am I talking about? Well, everything's in a four-year cycle. So this is the first cycle that we saw. There was a halving of Bitcoin halving in 2012. And that's really not the big thing. The big thing is what happens the next year after. So we had a halving in 2012. And in 2013, we had the all-time high. So imagine this. You bought Bitcoin somewhere around here. You were dollar-cost averaging, right, at five. Jesus, five bucks, six bucks, ten bucks, something like that. For months and months and months, and super boring. You're like, who cares? And then you go, that's like a hundred. You're like, I'm a genius. And then you sell or whatever, which you shouldn't have. You should just keep dollar-cost averaging, dollar-cost averaging until you hit this 2013 all-time high, around $1,000. Then what happens every year since you have halving, 2012, 2013 all-time high, 2014, you have this massive dip. And that's where people, they just get out. So like, I don't know what's going on, so I'm out here. This was the first one, so I can understand why they did that. Very few people actually held on. And then in 2015, it's kind of like a reset. Now let's take a look at the next cycle. Next cycle again, 2016 was our halving. Nothing going on. But this is when you want to invest, when it's boring as hell. And then you have it like run, imagine 600 bucks, 600 bucks. And you keep going, you're like, in 2017, you're like, wow, 2700 bucks, that's a lot of money. And then it goes up to 20,000. You're like, wow, it's pretty good 10X. And then of course, 2018 was the big dip, 2019 was the reset and 2020, we had another halving. So it's the same thing over and over again, right? It is the halving, the all-time high, the dip and the reset. So our halving just happened 2020, 2021, we are in the all-time high. So what does that look like? Well, that looks like this. If you want to take a look at... No, let's go back to the very first one. 2012 was the halving. This right here is where we're at. We're somewhere around, actually excuse me, we're somewhere around here. 2013 in the beginning. Imagine going from $27 to $1,000. That's not bad, okay? You can take a look over here. This is where we're at. We're in the beginning of 2017, 1,000 bucks for a Bitcoin, 20,000. So we are, again in January, right around here. And I can't predict what's going to happen. But if you can just take a look at the last two cycles, this little trough is where we're at. This little trough is where we're at. So we are going massively up. And that's why I say like right now, the best time of course is already passed to accumulate. However, it's very tough to accumulate during those times because life events come up, somebody gets sick, you got to put into other investment properties, whatever you're doing, right? So it's very hard to keep that discipline at dollar cost averaging. This is why I like Voyager. This is why I like Kraken. This is why I like Gemini. Well, I don't know Kraken, but Gemini for sure. And there's just the dollar cost average button. And I just click on that. I put in, there are actually four currencies or cryptos that I dollar cost average in every single day. And those are Ethereum. Well, it was Bitcoin, Ethereum, Cardano and Voyager token. And now I've reduced my Bitcoin position because I'm already on my positions. And now I'm trying to dollar cost average Celsius every day, which kind of sucks because I can only get it on Uniswap and the fees are huge. Talk about that later. So with all these things going on, I think this is the best time for you if you are new because it's exciting. Why is it exciting? I'll just take a look at this. There is nothing fantastic about a 0.51% increase. However, right now, if your money is going up, 7%, 9%, 10%, 27%, 76%, and a 24-hour time frame, it's a hell of a lot easier to stick in with a dollar cost average like, well, this is easy. I just keep money in and just, you know, it's like a magic ATM and it just keeps going and going and going. So if it was me, this would be fantastic. I would have dumped a good amount of money in. Now, here's the rub. For me, dollar cost averaging worked great because it just ding, ding, ding, ding and off I went. However, right now, the question is, should I go all in? Should I just take a big lump sum of cash and just put it on? Because if history repeats itself and we are right here, then if I sell my house and my kidneys and my children, I can have a lot of money and I can just put it all into Bitcoin and off I go. And the same thing happened last time. The same thing happened here. So I can't tell you what to do and I'm not going to tell you to do that. That is for sure. It is very tempting to do that. Believe me, I've got a good amount of money just stocked away for some bad occurrences that could happen. It's very hard to look at all that money and go, you know what, if I put X amount in Bitcoin, it's going to go up to 150,000, 250,000. Could be up to half a million by the end of 2021, depending on who you talk to and me, I just can't do it because it is irresponsible for me to do such things. However, I had a great interview with, let me see if I can find it. It's not it, with Diddy. If you don't know Diddy, it is right here. This is from DanTeachesCrypto.com. It's my 100% free website. You can go there and learn all about the basics of cryptocurrency, how to invest, how to do your own research, how to buy Celsius and how to buy Theta and if you're in the United States and all that stuff. I did this great interview with Diddy. He is a pretty interesting guy. The person, you probably heard the story, the family that sold all their possessions and they put it all into Bitcoin in 2017 in the very beginning, in the early parts. That is Diddy and he came on the show and he's just like, you know what, man, you got to do it. He had to go all in. I'm like, dude, Diddy, that's not my thing. And I told him, I said, Diddy, here's the thing. I think he got lucky. I think he got lucky at the timing. And yes, it was, you know, Bitcoin is a great play. We know it's going to go to half a million dollars at some point. The question is when? It's not about if, it's about when. And I can't take that chance with all my money in case it takes like 10 years, 15 years, you know. So I was like, I can't do that. And he's like, yeah, it makes sense. He goes, but he's like, yeah, I really did that. Did a good play. He did. So what, after I said that, he said something pretty smart, which is smart guy. He says, you know what? He goes, if I could do it, he goes, you could always dollar-cost average in to your lump sum. And I was like, yeah, yeah, Diddy, whatever. Okay, sure. And I didn't really think about it, but I think about it right now. And it does make a lot of sense. So let's say you're here. Oops, let's say you're here. It's today, right? January 6th, some of that. Yeah. January 6th. And you just sold your house. And actually someone, somebody just emailed me a little bit ago and said, Hey, I, you know, how do I sell my house and all my cars through my business to get a tax deduction so I can buy cryptocurrency and more of it? I was like, well, talk to She-Han. He's the crypto CPA. So when we take a look at this, I thought about it and I say, you know what? That's not a bad idea. What if you can take, let's say you take, let's shoot for the moon. We have $100,000, right? If you put $100,000 in right now today, I think that's irresponsible. I think you can make a lot of money. But again, you, if you don't have $100,000 just to play around with, it's a little bit off-putting. So here's what I would say. What if you broke that up into six payments, six payments? Make it sound like an infomercial. Let's say it's just six. Well, let's do, let's do round numbers. Let's do 200,000, $20,000 and five payments and five separations. So if I did $20,000, let's say I put $20,000 in today right now, I would get $0.75 Bitcoin, roughly, right? So if I could do that and let's say I screw up, this is 2017. Let's say we think it's here, right? We think we're right here. So we put $20,000 in right here and then like, actually right over here, $20,000 in right here. And then let's say like in four weeks, we put another $20,000 in. So now we're right here. So it did go up. Okay, sure. Then four weeks up a little bit and four weeks and four weeks, but let's say we get caught up here. And for some reason, we don't realize it. Let's say that the whole theory of all these cycles go out the window and for some reason we get caught here and then something happens in 2020. Who knows? It's a crazy world, right? And then it just starts to dip and dive. So if I would have put in $100,000 right here, that's bad news. But if I would have done it every four weeks, I could have picked it up here and then maybe down here and maybe a little bit here and then down here and then here. So instead of putting like, you know, like what I do, which is a little bit 25 to 100 bucks a day depending or 10 bucks a day or whatever I put instead of doing that, what if I just take like six or five different divisions and I just put it all in because I know this is the year 2021 is going to be a big year. So there's many options. I would say this is why I wanted to bring out this video because I think there's a lot of upside potential and asymmetrical gains and I think you can do it a little bit better by doing these types of bulk allocations. And then you also have to think about this. If Bitcoin goes up to where I think it is, which is 150,000 conservative in 2021, Max Kaiser was just on Stansbury research and he said that he thinks it's going to go to 220,000 and he was pretty close for the last one. He thought that Bitcoin would be 20,000 by the end of the year and he was off by 10,000. So let's say he's off again in the other direction. Not too bad. Then we had Alex Moshinsky. He predicted 30,000 by the end of the year and he was off by like 50 bucks or something like that. I don't know what he's got for this year, but let's just say it's about 150,000, right? Maybe 200,000. So maybe we're looking at five or six X. Okay, but what about Ethereum? Do you think Ethereum can't go to five grand? Ten grand? Fifteen grand? Maybe. I don't know about that. What about Litecoin? Do you think Litecoin can go to 500 bucks? Do you think Polkadot can go to $50 or $100? Do you think Cardano, which is sitting around 30 cents and it's all-time high, was like $1.13. Can't 10X, 20X, 30X? I don't know, but I would just say like this, there are some people that only buy one thing and those people I say, you know, hats off to you. Tip of the hat if you can make it work, but I really like to diversify. So if you want to go all-in on Bitcoin like the Bitcoin Maximalist and say, yeah, that's it. That's the only one that I can do that. But I can't tell you what to do, but what I'm doing is I'm putting the bulk as in Bitcoin Ethereum, which is roughly 50%, 60% somewhere around there. Then the rest of them, I have Ethereum. I have Polkadot, Cardano, Stellar, Chainlink, BIOS, Celsius, Theta, Dechain. That was the big ones actually. And then I have the Voyager token. What if you allocated a big chunk of that to the other parts because maybe they can go up a little bit more? This is what I would do. Anyhow, this video is getting a little bit long, but that's just one of the theories that I had. I thought I'd share it with everybody, but again, I think if you are right here today, if you just stepped in, you don't know anything about it. First of all, go to DanTeachesCrypto.com. It's 100% free. Click on the Start Learning. You can sign up. And then if you're trying to look at, like, you know, which projects to get into, when you, finally, when you log in, the member's homepage, just scroll down to Reviews. I want you to watch this video. It's called Do Your Own Research with me and Ian Belina. And he showed me how he did the basics of research when he did it to gain, like, millions of dollars for these different products that he invested into. And it was fascinating. He has five criteria and I laid all out for you. So this might be something to look at. Anyhow, it's going a little bit long. I apologize, but I thought it was good stuff. So again, if you're here today, congratulations. I wish I was you. And that is it. So thanks for watching all the way in. I really appreciate it. If you like these types of videos and me too, I'm just going to pop up on your left and right. I'll let YouTube do their magic and that is all. I'll be putting out another video today because there's some interesting stuff about a hedge fund that just dumped a billion dollars into Bitcoin and Coinbase helped. So if you haven't promised with Coinbase and customer support, probably because they're paying a little more attention to institutions. All right. So that's it. Thanks so much and I'll see you on the next one.