Welcome to BitBoy Crypto!
The people's channel
Home of the BitSquad
The largest and greatest crypto community in all of the Interwebs
No channel works harder to keep you in the know about crypto.
My name is Ben.
And today, we are going to be talking about a huge fundamental shift
in the history of this channel
as we are now going to be putting together our five philosophies of crypto investing.
And these are going to be five things we are going to talk about a lot.
You know, if you work at a company,
and, you know, especially if you're higher up in the company,
or you've been there for a long time,
any great company is going to have a list of values,
and they're going to have a mission statement.
And if the employees that work at that place don't know the values of the organization,
then the organization must not really value those things
because they should be hammering those things home.
Well, that's how we're looking at investing from this point going forward.
If you're a member of the BitSquad,
you need to know these five philosophies of crypto investing
for the BitSquad, for the BitBoy Crypto channel.
And we are going to be getting a lot more into these over time.
And these are general categories.
So No. 1 here,
No. 1,
develop a long-term mindset.
I mean, this one, we talked about already a lot.
But there's a lot that goes into this other than just, you know, thinking about the future.
And we're going to be getting into all the things that, you know,
that fits within that category.
Because here's the thing, guys.
Over the long term?
Winners win.
And if you have that long-term mindset, and you're making all the right moves,
I'm telling you guys, you really can't lose in crypto.
We haven't seen a chunk of time
where a long-term mindset and patience has not paid off tremendously
in the world of Bitcoin and crypto.
No. 2,
understand market behavior.
Now, what this-- this sounds--
you know, you start thinking about the market psychology,
the psychology of an investor,
what is technical analysis?
Technical analysis, of course, is tracking humans' reactions
to selling or buying points on a market.
That's all it is.
But this is much deeper than that.
You need to understand things like,
hey, when something is in the red,
there's a good chance it can go up.
Whereas if something is in the green,
then it's probably not the best chance to buy it
because it's already extended, you know, through a buying process
and the prices are up, so you may not want to buy that.
Understanding the Bitcoin cycles
because whether or not we are going to be stuck in 4-year traditional cycles or not,
the fact is,
the Bitcoin halving, when that event occurs,
it does have a tremendous impact on the market.
So we're going to be looking at how you can understand better market behavior.
No. 3, pretty self explanatory here, I believe,
we're going to be showing you how to do this, how to set up this kind of portfolio.
No. 3,
build a balanced portfolio.
This is going to be something that we're going to cover a lot.
We're going to be talking about over-diversifying, under-diversifying,
what kinds of coins you should have
and different kinds of allocations across your portfolio.
Diversify! Diversify! Diversify!
This is definitely key.
It goes across, you know, many different factors.
We're going to be showing you how to do that.
No. 4,
now, this one may sound a little strange to you,
become an expert.
This is probably the one that I think I'm the most passionate about
that I think is really the key to you guys making a gigantic dent in your portfolio
and creating ways where you can generate passive crypto income.
This doesn't mean you need to know every single thing about crypto, okay?
What this means is we're going to be breaking down
different ways you can generate passive income,
whether it's NFTs,
or whether it's metaverse,
or whether it's doing your own YouTube channel or having social media,
or yield farming.
Whatever you decide to go into to create passive income for yourself,
you're going to become an expert in that area.
If there's one area in crypto, layer 1 protocols, you want to just crush it in,
we're going to show you how to pick one thing and go for it.
We're going to have a lot of videos.
Maybe it's mining.
We're going to be doing more mining videos as well.
So you're going to want to become an expert.
It doesn't have to be all across crypto.
We're going to get you drilled down on a niche
to where you're going to be able to generate income for yourself in crypto.
And No. 5,
navigate crypto safely.
A lot of people lose money.
A lot of people get hacked.
A lot of people don't know how, you know, taxes work and things like that,
so they're making bad decisions,
when really for tax purposes,
there'd be better ways for them to do what they're doing,
whether it's setting up businesses or shell companies,
or whether it's how you do your trading.
Every single thing that involves safety, security, smart decisions,
kind of on the macro elements of crypto,
we're going to be talking about those things.
So to just go over the five,
one more time,
develop long-term mindset,
understand market behavior,
build a balanced portfolio,
become an expert,
and navigate crypto safely.
So these are our five philosophies of investing.
Everything we do at every video that we do, the pre-recorded videos,
of course, the news videos, we're keeping you updated on what's going on,
but we are going to show you how to do these things,
how to turn these things into, you know, weapons in your arsenal
for making money in crypto.
Super excited about this.
We're going to be going deeper into each one of these in a video,
and then we're going to start putting, you know, the rubber on pavement, hitting the road.
Alright, guys.
Thank you so much for watching.
That's all I got.
Be blessed.
BitBoy out.