Welcome to BitBoy Crypto!
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My name is Ben.
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I got my door handle in the frame here.
It's okay though.
Guys, today, I want to talk about crypto predictions
and really the way that you should handle those
and kind of my feelings about, you know, my predictions
as we get closer to the end of the year here.
You know, I see a lot of comments out there.
And a lot of comments say,
"BitBoy's always wrong with his predictions!
Literally always wrong. Every single time!
If you do the opposite of what this guy says,
you will make so much money if you just do the opposite.
Just fade him on every single thing that he says."
I see. I see all these comments.
And, you know, while they don't bother--
they don't really bother me.
And the reason is,
because the people that make those comments are extremely low IQ.
They're some of the most idiotic people that exist in the world.
Why?
Because they get so hyper focused--
and we talked about this on the live stream, you know, maybe two weeks ago.
They get so hyper focused on the recency bias and what has just happened,
and they can't look at the bigger picture.
Because here are facts.
If you did the opposite of what I told you to do on this channel,
you would have not bought Ethereum at $200.
You would have not bought Bitcoin at $3,200.
You would not have bought Solana at $2.
You would not have bought Chainlink at less than $1.
You would not have bought VeChain at 1¢.
So I want you to really think-- or 1¢.
It's not plural if it's just one.
So I want you guys to really think about that stuff.
Now, look.
There are two major-- some would say three major predictions that I made
that haven't come true.
No. 1,
XRP case did not end in September.
And I'm still shocked by this.
And kind of an extension of that,
it has not hit $4.
XRP will hit $4 for sure.
That's not even really a prediction.
That's just a fact.
Now, when it happens?
Your guess is as good as mine.
But the fact is it will hit $4.
I have no doubt about that.
The other thing, Bitcoin hits $100K by the end of the year.
Now, look.
Obviously, it looks like that's probably not going to happen.
And I'm genuinely shocked by it as well.
I mean, and I think a lot of people in the beginning of the year,
if you go back to when Bitcoin was at $42,000 in January,
everyone thought it was going way above $100,000.
I mean, pretty much everyone that's been in crypto.
Your CNBC, people they might not have thought that
because, you know, they're--
they don't understand the way the Bitcoin cycles work and stuff like that.
But everybody thought it was hitting $100,000 by the end of the year.
Most people thought it'd hit $100,000 by the summer,
or by the late summer.
Dan Morehead, CEO Pantera Capital, said $118,000 by August.
And I thought all those predictions were pretty accurate.
Now, as the year has gone on,
and this is why those people are very low IQ,
you have to take in new information
and kind of judge that against where you thought things would be.
In the beginning of the year,
I thought Bitcoin will go to $225,000.
Then I thought it might have a chance to go to $320,000!
But then once we have the May crash,
I adjusted that prediction.
Here's what a prediction is.
What I think is going to happen.
That's it!
That's literally all it is.
What I believe is going to happen.
And remember this.
The people--
first of all, we told you, most likely, the price of Bitcoin was bouncing in July.
So every person that bought Bitcoin after July,
you are still about 50% or more in the profit.
So think about that.
We were the channel telling you guys that
it will go up, it will go up, it will go up again, it will go up again.
We gave you a timeline for when we thought it would go up,
and it didn't-- it hasn't seemed to match that timeline.
Now, a lot of this is based on information that's been given to me
that I think is still correct.
I just think that there's a lot of high-level things going on
in kind of the macroeconomics of the world.
But that's--
that's another story, another video.
The point here is,
is that if you did what I said during that time,
you made money.
But this is only six months ago, guys.
This channel has been around for a lot more than six months!
This channel has been around since January of 2018.
During the dark depths of the bear market,
I was telling people to accumulate
and telling people to buy.
So people who came in at the peak in May,
they're at a loss and that's why they're so negative.
That's why they're so angry.
Because once again now,
those people are back at a loss again if they didn't sell and take profits.
So those people are angry,
and you see these people making all these comments.
Guys, we've done nothing but win since this channel has been around.
There's a reason why we have the biggest crypto community,
the largest American YouTube channel by a good bit.
There's a reason.
Because when we go to meetups,
people have made so much money based off of these videos.
Do you think if this were correct and everybody who did what I said lost money
that every single time we went to a meetup, we'd have 400 or 500 people there
telling me about how well they've done?
That's not true.
That's not reality.
A lot of people out there are trying to twist reality
and have you think certain things about different people in crypto
or different projects in crypto,
but you have to take the body of work into consideration.
The body of work on this channel has been to tell you to do nothing but winning
for four years now.
In a few days, it will be four years of telling you how to win in crypto.
And the recency bias is so strong
that, yeah, I've got a couple predictions wrong,
but look at a lot of the other predictions that I've had throughout the years
on telling you where I thought Bitcoin would go to
and where it will still continue to go.
Predictions are for fun.
This is what you guys have to understand.
Predictions are for fun.
It doesn't-- nobody is going to nail a prediction dead to rights.
Like,
"Oh, Solana's going to peak out at $527.32."
No. Somebody's going to generally tell you about where they think it's going to go.
Predictions are for fun.
People love this on the channel.
Our prediction videos and our top coins videos are our best performing videos of all time.
Our portfolio videos as well do really well.
And so this is the kind of content that people want,
and we're going to continue to do that type of content.
But don't buy into this narrative
that everything we predict is wrong
because we had a couple of wrong ones over the year.
That's going to get people to where they don't watch this channel
and they lose big time down the road
because they're listening to the wrong people.
When prices go down, people tend to want to see bearish content.
Because when people are feeling pain,
when people are losing money,
when they're at a loss,
what do they want?
They want to be more miserable,
and they want other people to be more miserable than they are.
So when you have people coming out there that are, you know, exposing,
exposing YouTubers or are, you know,
"Don't do what this guy says." you know,
"You're going to lose money. Look at all these people that have lost money,"
the fact is that they're doing that for clicks.
Because they understand that in a bear market--
one of the most popular channels in the bear market was a 100% negative channel.
All this person did was attack people over and over and over again.
Misery loves company.
But those who do well in crypto,
they're able to get above that.
You're able to go to a higher level,
where you're looking at things over the long term.
Because if you're going to hold on to these cryptos for, you know,
four, eight, twelve years minimum,
then why does it really matter what one peaks out at or not?
It doesn't really matter.
The fact that Bitcoin went from $3,200 all the way to basically $70,000,
that's a pretty good gain.
That's pretty big!
So I think you guys have got to really take a step back
and look at the bigger picture and understand
predictions are for fun.
Predictions are simply what I think will happen.
And they're not always correct and I know-- look.
I deal with this in my personal life all the time.
I have a lot of opinions that I feel like are facts at the time,
but they're just opinions.
They're just-- just what I think.
You know, especially with me and my wife.
I deal with that a lot sometimes.
But the fact is
that these predictions are for fun,
and you've got to look at them for fun,
but they are generally where I think things are going to.
And when you look at the history of this channel
and you look at what were the prices we were telling you to buy this stuff at,
Cardano at 5¢,
VeChain less than a penny,
Bitcoin at $3,200,
Ethereum at $79,
actually, if you really want to get specific if you go back to the market crash,
especially for long periods of time telling you to buy it at $200,
you will win if you watch this channel for four years.
You will win.
We've demonstrated it.
Anyone who was watching this channel before 20,000 subscribers has crushed it so much
that they don't care where Bitcoin goes to.
They've already made all their money.
When you come in and the best you're hoping for is a 2X,
well, it seems to matter a lot.
And I would really encourage a lot of you guys
to get rid of your recency bias
and look at the big picture.
I know it's so cliché,
but when in doubt,
zoom out,
and you will find there's a reason why this channel leads the pack.
It's because people have been doing nothing but winning by watching this channel
for the last four years.
Are you going to do the same?
Alright, guys. That's all I got.
I hope you guys had a merry Christmas.
Looking forward to being back in the studio tomorrow.
And that's all I got.
Be blessed.
BitBoy out.