how’s it going everyone it’s Sam we just had a financial expert tell us how much Bitcoin you need by certain ages I want to go through that tweet it’s actually pretty interesting also showing you some other important data here today some news about micro strategy some news
about a company suing the SEC and Tom Lee talking about the market as it is right now where we’re going to end the end of the year if you don’t mind hit subscribe turn on the Bell notification so you can see future CashNews.cos like this as soon as I make them stay through to the end of
the CashNews.co so you can see everything if you want to trade Cryptocurrency there’s a link underneath the CashNews.co to Mar you can sign up in just a few seconds you can start trading
then and get ready for this next leg of the bull run so definitely check that out down below in the comment section now let’s start here Tom Lee just talked about what stocks are going to do for the end of the year this does play a role in what Bitcoin does uh obviously if people feel richer
if uh the economy is looking good if there are certain things the FED does then it will push up the Stock Market it will also push up bitcoin’s price so let’s watch this just for a minute here it was in April on this program that you said you thought the S&P 500
could close at 5700 maybe even higher well looky here look where it is today right about 5700 so the maybe higher part is still a part of your formula uh yes I I think it’s part of the formula because you know bull #1a73e8; text-decoration: none;">Markets uh are supported by strong fundamentals and this is a case where not only is has the economy survived extremely high Interest Rates but the FED is beginning to cut rates and a an economy that has sort of been languishing um has been
China and now we have some stimulus and what looks like some bazooka policies that is supporting that region and we have a lot of cash on the sidelines so I think that this is a formula for stocks to do pretty well the next 3 to 12 months and and that’s so the economy still looks pretty good
feds stting a lower rates China is uh giving some stimulus out and then also we have record amounts of cash on the sidelines what more could you want right so he says that this is going to be a good time of the year we do think that the Market’s going to end higher than it is right now so
kind of interesting I like to pay attention to Tom Le he was waving the bow flag the entire year when people were bearish I’ve been doing the same thing so I’m pretty excited about uh the end of the year and the next year moving forward of course be ready for anything like for example
like this today Crypto.com filed suit against SEC to protect the future of Crypto in
the US there’s going to be still some headwinds right there’s still going to be some headwinds there’s uncertainty around the elections this is pretty interesting though this is after they got Wells notice it seems like s is going after every single href="https://cashnews.co/crypto" style="font-weight: bold; color: #1a73e8; text-decoration: none;">Crypto company that they can uh one company that seems to continuously go up though that’s in none;">Crypto is micro strategy right now Bitcoin is down 1.16% for the day micro strategy is up 4.54% I’m not sure if it’s someone that was shorting that got wiped out or if people are just getting very long micro strategy but the ratio of msdr to bitcoin continues to go up so right now it’s got a premium of about a 2.4x or uh maybe even higher than that right now when you buy micro strategy you’re paying 150% premium basically on the underlying Bitcoin now I don’t think that the net asset value should be the same as the market cap you know they can actually be a creative so they can buy Bitcoin at a price it actually gives you more Bitcoin per share so in theory they should sell at a premium but uh 2.5x premium is pretty hefty so I actually have rolled some of my micro strategy position into ibit so I think that’s just because it is selling at quite a premium I took some of the position out I’m keeping some in micro strategy but still allocated towards Bitcoin proxies at the end of the day Fred Krueger talks about how much Bitcoin you should own now Fred Krueger just to be clear pretty big on Twitter around 80 90,000 followers co-author of the bit the big Bitcoin book he also is an early stage investor uh it looks like he sold a lot of companies to large companies out there uh looks like he sold like five 10 company 10 companies something like that and like I said he’s pretty active on Twitter posts a lot a lot of Engagement this is 236,000 views over the last day a little bit less than a day he says how much Bitcoin should you own here’s my answer age 20 you should have point one Bitcoin age 35 one Bitcoin age 50 10 Bitcoin I think if you can hit these numbers you will be good for 20y olds you need to do whatever you can to get the first 10 million sets not easy but doable for 35 year olds you need one Bitcoin more then you need that fancy car so you need you need the Bitcoin you don’t need the fancy car or the down payment in 20 years that could be worth $10 million that’s your retirement for 50 yearolds 10 Bitcoin should be enough to retire in 10 years selling some or borrowing against it obviously everyone’s in different situations right make that very clear I do a lot of CashNews.cos talk about how much Bitcoin you should have to retire right or to make a substantial amount of money that you can roll into maybe other Investments or hold for a long time I think his point here is that you should be focusing on uh maybe a 55 to 60 year old retirement so at age 50 he talks about you know 10 Bitcoin should be enough to retire higher in 10 years for 35y olds you know 20 years from now this Bitcoin could be worth 10 million he doesn’t talk about maybe when you would be able to retire for a 20-year-old but you know maybe we’re looking at 30 40 years something like that so just basing off these numbers this is the one they makes the most obvious right one Bitcoin $10 million now in 20 years let’s say Inflation is 4% that $10 million would be worth really like 4 and half to 5 million that’s at Inflation of 5% really there’s debasement of currency of maybe 10 to 15% so that $10 million might be worth more like 1.5 million but of course some things don’t go up in log step right some things are fixed and some things you know the government shows only goes up 3 or 4% a year so it depends on what you think is going to be the Inflation rate but yeah one Bitcoin over the next 20 years if it becomes a $10 million asset could be enough to retire especially depending on where you’re going to retire for 50y olds 10 Bitcoin 10 years from now what could that be worth okay well if we appreciate to $1 million 10 Bitcoin would be worth 10 million in this example then I’m not sure exactly what he’s thinking here but if you’re saying you need $10 million again that indicates that Bitcoin might be worth you know 100 million or something when this 20-year-old retires let me know your thoughts on this underneath the CashNews.co do you think that 0.1 Bitcoin is enough for a 20-year-old to retire on in 3540 years let me know what you think Down Below in the comment section thank you so much for watching I appreciate again if you are bullish if you want to trade this Market if you’re bearish and you want to trade this Market There’s the link to Marx thank you so much I’ll see you all in the next one bye for
CashNews, your go-to portal for financial news and insights.
Yeah Fred Kruger is great ..one thing to put into account is …he’s obviously not the average working guy by any stretch of the imagination..so when he comes up with these figures he’s coming from a mindset of someone worth hundreds of millions of dollars after selling all those companies ..so with that being said …1.5-3.5 million to retire would for the average person a very comfortable retirement …and would put you in the top 2-5% of households US …it’s lower when you factor in worldwide the number drops !! Great video..
Can you so a video about BTV exit strategy or how to get equity out of it in retirement?
HAHAHAHAHAaaa , oh man ,Just when you thought you had everyone hyped up for the bull run, and again, is it possible that once again BTC has screwed you all over? You're not investors; you're gamblers, and this has now turned into an illness. You need to seek professional help to get out of all this. Remember, there's no free lunch. Even if blockchain succeeds as a payment system, why would the whole world accept BTC when we all know that the CIA is behind it? There will be cryptocurrencies, but not the ones that the American hyenas want and love.
Sorry for going off topic, but I can't find the information I need. How can I transfer USDT from BitGet wallet to Binance if I only have the seed phrase: scrub know faith win siren become slot notice chuckle shift few extra? I can't do it, the address is not accepted.
Thanks for the video! Sorry if the question is a little off topic, but I have USDT in my BitGet wallet and I want to transfer it to Binance. I don't quite understand how to do it correctly so as not to lose money. I only have the phrase to restore the wallet: scrub know faith win siren become slot notice chuckle shift few extra. Maybe someone can explain how to do this?
Hang on you said all you need is 0.0000000000000000001 bitcoin last week, which is it?
I understand that your job is to tell us about something worthwhile. But you should really talk about Cryptonica. I'm making $300 a day there, and it’s so easy. I really want you to make a video about Cryptonica, bro
Dude, trading is cool, but in Cryptonica, there's really fast and big earnings. I invested only 3000 USDT in the liquidity pool of Cryptonica, and my income has already exceeded 6000.
Honestly, there are more reliable options out there offering up to 2.5% daily returns. Cryptonica is one of them, and I’ve been earning consistently with them. It’s all about focusing on real business operations, real money, and sustainable growth!
Haha, great video. When will you finally tell your subscribers about Cryptonica? I'll already be a millionaire xd! Guys, take my advice: if you want to earn money, find Cryptonica in your search!
Haha, great video. When will you finally tell your subscribers about Cryptonica? I'll already be a millionaire xd! Guys, take my advice: if you want to earn money, find Cryptonica in your search!
The Cortux presale is live! I’ve already got my CRX tokens…don’t miss out on this early opportunity before prices surge.
With so many tokens out there, it’s hard to find something unique. Cortux seems to have cracked the code with its ecosystem. Time to get involved in presale.
With the integration of e-commerce and DeFi, Cortux is merging two worlds in a big way. This could be a game-changer.
I’m all about projects with real-world use cases, and Cortux's payment solutions make it stand out from the crowd. Get it cheap while you can, or cry later.
I´ve been exploring ICO for the past two weeks, and Cortux is the only one that makes sense to invest in. Bravo!
Cortux is making big moves in the DeFi space. I’m thinking this might be a solid long-term hold.
The best projects for bull run are usually those created after the bitcoin halving, like Cortux. Such projects can go 500x+ in a very short period, be aware of that.
Rumor is that Michael Saylor invested in Cortux and will push this project to the moon!
Eagerly awaiting the impact of Cortux on the crypto market. The presale is just the beginning of what promises to be a groundbreaking journey
I value your perspective and content.Bitcoin is on its way to breaking records, getting closer to hitting new high prices, showing that it's gaining more value and could go even higher than we've seen before. This could mean great things for people looking to invest, suggesting now might be a good time to get involved before it jumps even higher. It's an exciting moment that could change the game in general…managed to grow a nest egg of around 7.2Biitcoin to a decent 26.4Biitcoin. At the heart of this evolution is Aldona Šabanienė, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment….
Aren't you tired of this echochamber?
On retired you poor then
Can you make a video without saying margex?
This seems like the worst period. Even the market are now very unpredictable. Started investing recently when the market prices were a bit high, today I am more than 60% down!
10 bitcoin to retire at the age of 50 you’re out of your freaking mind that’s gonna take a lifetime of savings and bitcoin is only 13 years old. There’s no way an average person is going to be able to do that if you can afford 10 bitcoin at any age you could probably retire now Jesus Christ.
You're doing a fantastic job! I have a quick question: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How can I transfer them to Binance?
I'm so happy I made productive decisions about my finances that changed my life forever. I'm a single mother living in Birmingham uk, second house in August and hoping to retire next year at 41 if things keep going smoothly for me.
Hi
44 years young, 6 btc. I'm getting closer.
.001 = $60
.01 = $600
.1 =$6k
1 = $60k
I'm currently making about .01 a year and have invested about .002 into Bitcoin… I don't see it going any higher than 70k
I'm 32.. Pretty sure a 20 year old needs far less than 0.1..
I mean I'm not quite there yet, but my goal is 0.3 BTC.. which will be wayyy more than plenty. A whole coin for a 32 year old would be nice, but attaining that Unicorn status would be VERY challenging/unlikely.
XAI69P will change the crypto game forever! 🌍
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Thanks for sharing your insights! I just bought XAI69P and am holding for 5x returns. Coinbase, Bybit, and Binance are confirming listings soon. I’m super excited to see where this investment goes. Your advice has been invaluable, and I’m grateful for it! 🚀
Appreciate the tips! Got XAI69P, predicting big returns. Major exchanges confirmed!
Thanks for sharing your insights! I just bought XAI69P and am holding for 5x returns. Coinbase, Bybit, and Binance are confirming listings soon. I’m super excited to see where this investment goes. Your advice has been invaluable, and I’m grateful for it! 🚀
Thanks for sharing! Bought XAI69P, expecting 10x returns! 🚀 Coinbase, Bybit, Binance to list soon.
Appreciate the tips! Got XAI69P, predicting 5x gains. Coinbase, Bybit, Binance confirmed!
(it's a lot more than you think)