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Summary
TLDRIn this video, Mariah monetized delves into the dynamic world of Bitcoin, offering insightful price predictions and exploring intriguing correlations, particularly around the halving events. Despite her hectic schedule managing a new business, Mariah shares her perspective on Bitcoin's market behavior, suggesting a significant potential for price increase pre-halving. She reminisces about Bitcoin's journey, emphasizes the folly of selling during bull markets, and introduces the Fold app, a tool for earning free Satoshi, blending her financial savvy with practical advice for Bitcoin enthusiasts.
Takeaways
- 💸 Mariah discusses Bitcoin price predictions, focusing on the impact of the halving events and how they correlate with Bitcoin's price movements.
- 🔥 Emphasizes the strange correlation between Bitcoin's price actions around halving events and predicts significant price movements as the next halving approaches.
- 🤷♀️ Expresses uncertainty about the correct pronunciation of 'halving' but decides to proceed with the analysis, highlighting it's a common theme in the crypto world.
- 💰 Shares a personal tool for earning free Bitcoin daily, stressing the importance of accumulating Satoshi, especially before the bull market peaks.
- 💻 Reveals she started a new business in Puerto Rico, which has consumed much of her time, limiting her ability to create YouTube content.
- 💡 Notes the changing dynamics of the Bitcoin market with institutional players taking more control, making it harder for retail investors to influence the market as in the past.
- 📈 Offers a detailed analysis of past Bitcoin halvings, pointing out specific dates and price movements that could indicate patterns for future investments.
- 🤔 Questions the logic behind selling Bitcoin pre-halving, arguing that historical trends suggest holding or buying Bitcoin around these events is more advantageous.
- 👨💻 Shares insights on her approach to Bitcoin investment and trading, including setting buy orders and exploring options trading.
- 🚀 Recommends the Fold app as a method to earn free Bitcoin, highlighting its benefits and how it adds an enjoyable, gamified aspect to investing.
Q & A
What are the main topics covered in the video?
-The main topics covered include Bitcoin price predictions, the significance of Bitcoin halving events, strange correlations between Bitcoin prices and halving, a personal anecdote about starting a business, and a tool for earning free Bitcoin daily.
What is Bitcoin halving?
-Bitcoin halving is an event that halves the rate at which new Bitcoins are created. It occurs approximately every four years, reducing the reward for mining new blocks by 50%. This is meant to mimic the scarcity and deflationary aspects of commodities like gold.
Why is the speaker unsure about making a solid Bitcoin price prediction?
-The speaker mentions that it's hard to make a solid Bitcoin price prediction due to the changing dynamics of the market, especially after the approval of the ETF and the shift of control from retail to institutional investors, making the market behavior unpredictable.
What Bitcoin price figures does the speaker mention as potential targets?
-The speaker mentions $150,000 as a number that pops into their head but also considers higher targets like half a million to $640,000 due to the different market atmosphere and the pre-halving new all-time highs.
What strange correlation did the speaker find regarding Bitcoin's price action around halving events?
-The speaker discovered a correlation where the best buying opportunities pre-halving showed a significant increase in Bitcoin's price from those points, with specific examples from 2020 and a similar pattern observed in the current cycle.
How does the speaker describe their experience and challenges with starting a new business?
-The speaker describes starting a new business in Puerto Rico as consuming all of their time and attention, launching it prematurely to gauge market demand, and facing an insane workload without taking a day off, even during holidays.
What does the speaker say about selling Bitcoin before a halving event?
-The speaker advises against selling Bitcoin before a halving event, suggesting it's a mistake because of the potential for price increases post-halving. They stress the importance of understanding Bitcoin's value and market cycle.
What tool does the speaker recommend for earning free Bitcoin daily?
-The speaker recommends the Fold app, explaining that it allows users to earn free Satoshi (the smallest unit of Bitcoin) daily through spending activities and offers a sign-up bonus through a referral link.
What insight does the speaker provide about Bitcoin's behavior post-halving and market cycles?
-The speaker notes that Bitcoin has experienced periods of sideways trading and significant pullbacks even in bull markets, emphasizing that understanding these patterns is crucial for long-term investment strategies.
How does the speaker view their role in advocating for Bitcoin to others?
-The speaker reflects on their past efforts to promote Bitcoin when its price was much lower, expressing frustration with those who didn't heed their advice and are now complaining about inflation, indicating a shift from active promotion to focusing on personal investment.
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