May 12th 2024
This week, I connected with hundreds of internet entrepreneurs at the Dynamite Circle conference in Playa del Carmen Mexico. We talked life, business and inevitably… crypto.
I joined the DC back in 2013, around the same time I started my business and discovered bitcoin. These people know my story and I’ve been bending their ear about crypto for a decade now.
Yet I’m consistently met with faces of shock and horror when they hear I’m still bullish, still dollar cost averaging in and still using bitcoin as my primary savings account. Everyone agrees that:
- Money seems* broken (because it’s only a feeling until you understand WTF money is and how it works)
- Borrowing/printing more money to pay interest on insurmountable debt is a terrible strategy
- Taxing our hard work to spend on weapons and wars we didn’t agree to is unfair
Yet when they hear I've found a solution to exiting that system, they think I’m the crazy one! These are some of the smartest and hardest working people I know. People willing to risk it all in pursuit of freedom. Yet most of them are still storing their hard earned value in index funds and real estate. They’re trapped in the archaic fiat money system.
"Ok fine, is now a good time to invest in Bitcoin?"
That question is the difference between us. I don't invest in Bitcoin. It’s not a trade. I use it. I earn dollars and I save in bitcoin. I’m LONG. I keep close tabs on where we are in The Cycle, and I level up every four years when the market gets greedy.
It’s not too late. Wall Street just figured it out in 2024 and a lot of the smartest people I know still haven’t. Don’t overthink it.
To the moon 🚀 — @GΞR฿Z Founder & Creator @ BitLift
The BitLift Podcast #66 When to Sell Your Crypto (and Why!?)
Everyone asks me for price targets. I simply don’t think about it that way anymore. I just set my goals, lock them in when the market gets greedy, and don’t regret it. In this week’s episode we cut together conversations I had with BitLift community about selling.
Crypto Podcast Snips
I listen to a ton of crypto podcasts and started bookmarking important moments using Snipd to share with you guys on Instagram, TikTok and YouTube.
Keep Up With Crypto
What I’m reading, watching, sharing and keeping an eye on in crypto recently.
Privacy is a basic human right. It’s sad to see the US government make examples out of people building privacy tools.
Never though about it this way, and I agree. Why is the natural way bitcoin was designed to be used the “non” way? I like “self custody” vs “custodial”.
I avoid politics. But interesting to watch Trump flip to being pro-crypto. He’ll say whatever people want to hear. But those of us who have followed long enough remember his true stance back in 2019:
From the BitLift Discord
@GERBZ: Lighting finally coming to Coinbase
@thejezzajc: Hoping CDC might eventually catch up as well.
@GERBZ: Good quick read on the state of DeFi yields
