Bitcoin and Traditional Finance in 2024 w/ Jim Crider (BTC176)

Jim Crider discusses Bitcoin's cultural impact, misunderstood aspects, and strategies for future financial planning, including ETFs, money's essence, and investment cycles. A deep dive into how Bitcoin enlightens financial approaches for all ages.
IN THIS EPISODE, YOU’LL LEARN:
00:00:00 - Intro
00:00:45 - The key aspects of Bitcoin that most people overlook and why they're crucial for understanding its value.
00:13:32 - How to educate clients on the true essence of money, combining its technical definition with its value-based aspects.
00:19:10 - The distinction between speculative and investment cycles in the context of Bitcoin and broader financial markets.
00:20:58 - How Bitcoin is expected to influence cultural and societal norms in the next two decades.
00:35:01 - Strategies for integrating Bitcoin into fixed-income portfolios to prepare for future financial shifts.
00:37:42 - Financial planning opportunities with Bitcoin for young families and retirees, highlighting commonly overlooked advantages.
01:02:44 - The differences and benefits of in-kind versus cash creation in ETFs and the implications for investors.
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[@PrestonPysh]

📌 Check out this video next: kzbin.info/www/bejne/onPUfa1rnduGfqM ⚠ IMPORTANT: Please beware of cyber scams and phishing attacks. We will never ask for your contact info in the comments section. Kindly report suspicious accounts you see below. Thank you!

[@AugustaAnna]

I often hear people talking about the profits they make from investing in Bitcoin and Forex. As someone new to this, how can I begin?

[@DorisMelodys]

Investing without a solid understanding of the market is ill-advised. I suggest seeking advice from Expert Rosie for guidance.

[@MarrianAnna]

Sounds familiar, i have heard her name on several occasions.. and both her success stories in the wall street journal!!

[@WilsonYoung-rn9fn]

This is my second year trading bitcoin and all i can say is Rosie Harley strategy changed my life completely.

[@VendorsMark]

Rosie has certainly established a strong reputation. Thanks to her strategies, I managed to purchase a comfortable apartment in the USA.

[@JoshuaFamous]

I'm not here to converse for her but to testify just for what I'm sure of, she's trust worthy and best option ever seen

[@florawomack]

*Thanks for your reports! I am so sick of the corruption in this country. I feel sympathy for our fogies and disabled folks not getting the help they deserve. "Anyone who is not investing now is really missing a tremendous opportunity, imagine investing $1,000 and receiving $4,700 in 4days.*

[@yara01705]

I'm disabled, how can we generate more revenue during quantitative times? I can't afford to see my savings crumble to dust.

[@florawomack]

I think Megyn Beth's strategy is the best at the moment, I recommend it for beginners because it is perfect for now and it is known.

[@JenJen-ym8iy]

You're right! The very first time I tried, I invested $2000 and after a week, I received $9500. That really helped us a lot to pay up our bills.

[@womackbeaker]

Yeah, since meeting expert Megyn Beth, I now agree that with an expert managing your portfolio, the rate of profit high, with less risk.

[@TeyrosKim]

How do I contact Megyn???, my portfolio needs diversification.

[@johnmuse54]

Preston. Don’t get tired. Dont get frustrated. Don’t give up. You are making a difference in so many people’s lives. Thank you for all that you do.

[@matviko]

Yeah. I’ll pile on in this one. Totally agree. I think the truth is most people are silent supporters or fans. And you haters seem more salient than reality.

[@gregoryw9]

Love how Jim got the gospel in there while also talking about Bitcoin!

[@vtgothic2702]

Jim's a good guy. Great interview.

[@bdalpine]

This guy is spot on

[@TheDeltaBombers]

This was a really good one Preston. I appreciate the frame of mind of you and Jim on this one, really brings it down to basics but from a very high view and important level.

[@Sweeterinmath]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Anna Davis

[@Globalworldwide-gp8zi]

I have heard a lot of wonderful things about miss Anna Davis on the news but didn't believe it untill now. I'm definitely trying her out ✊

[@Bernardaberto]

I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimony on CNBC news last week.

[@Hayley-eh2ie]

After I raised up to 325k trading with her I bought a new House and a car here in the states 🇺🇸🇺🇸also paid for my son's surgery (Oscar). Glory to God.shalom..

[@UmarChris-xv6zc]

Really you people know her? I was even thinking that 'm the only one she has helped walk through the fears and falls of trading

[@Sweeterinmath]

+172

[@JR-gj3fx]

Love this guy.

[@TheBadSeed3094]

Much respect for this guy, great interview

[@thepr0m3th3an]

Jim Crider is awesome!

[@joemama69448]

Jim seems like an awesome guy. Great interview!

[@justinev7846]

Such a thought provoking episode! Thank you 🙏🏼

[@johnnyads]

Each and every episode of this series is good. But this one was special. Props. And thank you.

[@matejsvec4451]

Over a long run, there are periods when BTC is overvalued / undervalued relative to it's 100 MA or relative to values indicated by logarithmic regression. I personally dynamically DCA based on extensions from those values. When we go deeply under valued, I buy more, when we go very overvalued, I sell some. So far I am getting better returns then just DCAing the same amount. Food for thought. (in BTC since 2018)

[@mc-kz8zn]

Great commentary, this was awesome to listen to!

[@Dilandau88]

Fantastic episode

[@thestonemaster81]

I tell people bitcoin is not an investment. It’s a transition into a better world. Get your tickets early. You’ll have a better seat.

[@JasonAmir-qo4uo]

Caught wind of the rumor that Bitcoin whales are poised to cease their dumping spree. Thoughts on this cryptic forecast?

[@JoshuaEdson22]

Indeed, intriguing! I've weathered a few market storms and gleaned insights from seasoned hodlers. They speculate the whales might be shifting their tides. Eyes peeled

[@SeanJohns-ze8ie]

I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about 200,578 after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost 673,000

[@GibsonJames-gr3on]

If you want to rebuild your portfolio by yourself, without help, I will tell you it is near impossible. Even NewRetirement and co can’t do the job of an FA with expertise, a large following/client base and experience. Vet and hire one and begin to develop a rapport.

[@cherylhills3227]

You honestly can’t hire a private advisor, they are not reliable. Look up a firm like FOLMAR ADVISORY. That way you have a chain of command and a body to work with.

[@RoseBalerus]

@@cherylhills3227 Folmar advisory?… it’s like a firm?

[@chrisfehr1513]

Another fascinating and engaging interview; loved this interview, guys!

[@larsvongraff5794]

Hey this was fun to listen to today. Thanks!

[@ce5983]

Perfect episode for sharing to people just starting to learn about investments or Bitcoin. I love the nitty gritty macro/technical conversations but those are more advanced. A conversation like this is a great intro to share with non Bitcoiners since they can see its just regular people discussing it rationally rather than the hype and "to the moon" chants that they have associated it with. Thanks Preston, your channel is such a deep trove of important conversations. Greatly appreciate it !

[@Charlie5225]

great episode! good work.

[@lastnamefirstname2390]

This guy is asking the right questions. I would give him all of my money to gamble with lol.

[@79bluesman]

Awesome episode, rightly recommend it!

[@janniekirsten5223]

Fantastic interview. Thanks.

[@rhondaallen8654]

Amen! So true

[@TxOutdoorOriginals]

Jimbo!! ❤

[@shayemman]

On my second listen all the way through again already 🤣

[@zachpoynter8928]

great video!

[@youthimmortalus]

Bingo, Preston: It is the guage. It's remarkeable how the truth is so obfuscated by our current, broken paradigms.

[@blueskiesN565TF]

Excellent interview. Unfortunately the people with the big egos will never watch this or agree because they’re smarter than bitcoin.

[@gaeldesmontagnesnoires1711]

I rage quite years ago .. good on this guy. Onwards.

[@wyva9845]

It’s like trying to learn a foreign language if you haven’t mastered English grammar. Very tough without a strong understanding of finance, and most people are just along for the ride and dint understand the system

[@williamcatt5570]

"the true game that's being played is a game of weight." Brilliant. I need to hit the gym and stack harder!

[@t0eshi]

👏

[@akinperez1936]

love all these interoperability plays. Currently have a small bag in AMSCR11. I would love your thoughts on this one as you metioned it ealier.

[@rhondaallen8654]

It’s a game of weight and then wait!

[@ssm59]

Bitcoin is standing witness to the fact that most people really do not want to get wealthy. They dream about it they may even talk about it, but the fact is, they’re not willing to park their hubris and learn the lessons needed. I’ve been trying to orange pill for over a decade, and the shocking thing is how few people, particularly smart people can see the light.

[@user-gf4td9rd5c]

Thanks for another update. What are your thoughts on ETH/AMSCR11? 👀

[@worldtrav72]

The Matrix is a great metaphor!

[@funnyman72]

Please, please don't rage quit Preston! Your podcast has changed my life. Great information, great guests. Thank you!

[@deyvanhdzrez1811]

Thank you for the update AMSCR11 is done right, and waiting is part of the process,

[@meyroakabigrem1679]

Bitcoin = freedom.

[@mikesmevog7146]

I have Bitcoin, completely understand it. But I'm still hung up on what if there's a cyber or worse, power grid attack, not at all out of the question.... At least then you still have your physical gold or Picassos. Tangible assets. I can't help but worry about this and never hear Bitcoiners discuss it. I can't possibly be the only one who this worries.

[@scepisle4970]

As long as one of the thousands of nodes throughout the world survives.. then so does Bitcoin..

[@nick-oi1xf]

There are millions of copies of the ledger dispersed world wide

[@bahmak2003]

LOL IF YOU ARE ASKING THOSE QUESTIONS THEN YOU DONT UNDERSTAND BITCOIN! 😂😂😂

[@montserratchavez6603]

Thinking BTC will hit 40k, so I'm selling my other altcoins and putting it all into BTC and AMSCR11 , with a bit of BNB on the side.

[@Cristian_M_]

You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires.,..,.

[@Maryjanegrowj]

Hey 👋🏼, where do I see your advice on crypto happenings? I am trying to understand crypto trading and looking for professional help.

[@kelvinbitcoin769]

Trading with a professional crypto broker helps a lot when you're into crypto investments

[@kelvinbitcoin769]

Bitcoin and cryptocurrencies are changing finance forever. Traditional banking players need to adapt or disappear forever.

[@SaraShelton-or4qb]

That is true. I keep most of my money on crypto every body makes fun of me but it has been very good to me

[@LucyBj-yo7cv]

It's great that you're interested in making profitable investments in crypto trading. There are many factors to consider when making a successful investment, and I'd be happy to offer some guidance. Can you tell me a bit more about your current experience and knowledge level in crypto trading? That way, I can provide more specific advice

[@Maryjanegrowj]

I have had a bad experience of losing a lot of money because I had no idea how the market works. That's why I am looking for a crypto broker to help me out with a good strategy

[@louispearlg.g.1325]

Do not let your mind be disturbed by people who are asleep in the safety of rigid tradition.😊

[@paulgerzinjuarezibarra5971]

BUY THE *AMSCR11* AND HOLD THE LINE BOYS.

[@TeshTube]

♾/21M

[@darwel007]

The energy used in creating BTC is a boon to the economy. Everyone will be richer by using the cryptocurrency in their daily lives. We may be able to eliminate other aspects of the economy altogether!

[@orquideacontreras6471]

I'm betting AMSCR11 will perform well, it havent had a cycle yet and they have a strong community on both, and AMSCR11 update will make rollup fees even lower. Just my 2 cents. Great video goodvibes

[@jadensantiagocardenasramos749]

You said you think that a AMSCR11 will outperform btc. What makes you think this? Are there macoeco, technical, fundimental, or valuation reasons for this?

[@thefozman6884]

XRP IS KING!!!!!!!

[@michael2275]

Yup, the masses are beyond stupid.

[@user-zs6gm4pp6w]

I feel that the last bull run was bolstered by all the money being printed. Major returns next bull run but I think they will be tamer in my humble opinion. A 10x on AMSCR11 is and a 15x on polygon are fair considering how much those two coins are interwoven into the entire crypto ecosystem

[@paulhamann9336]

I am keeping my Rembrandt painting. There are only 324 Rembrandt paintings in the world. Do I want 1 of 324 Rembrandts or 1 of 21 million bitcoins ? In February 2014, Mt. Gox suspended trading, and filed for bankruptcy protection from creditors. In April 2014, the company began liquidation proceedings. In November 2022, FTX filed for bankruptcy and customers lost 8 billion dollars in bitcoin. Good reason not to hold bitcoins.

[@angelmauriciohernandezgarc9857]

For sure yes $ AMSCR11. Going to have a huge Q4

[@dcntralizedmind2754]

Whales also have the ability to clearly see leverage buildup in the Bitcoin market. Also, there’s no reason to think that the exchanges themselves aren’t using YOUR Bitcoin to wipe that leverage. Stay Humble, Stack Sats. It’s that easy.

[@orbea1951]

I own BTC byt it will be taxable. I own spot ETF in tax free account. wtf is wrong with that

[@carlosengodo6218]

Solana, XRP, AMSCR11, ETH, and more would be great.

[@tonysteele3805]

I can tell that bitcoin fixes money by how many rich polished KZbinrs keep telling me that over and over! It must be really good. Thanks guys!

[@SergeantmajorPhilip]

Despite all the financial struggles i and my family faced, everything is finally falling into place! $47,000 weekly profit and riches I'll always praise the Lord.

[@jamesliamedward5915]

Same here, with my current portfolio made from my investments with my personal financial advisor I totally agree with you

[@Mc.silverWolff]

Wow! Kind of in shock you mentioned expert,elizabeth ann graney.What a coincidence!!!

[@GreenfutureConstruction]

Elizabeth Ann has really set the standard for others to follow, we love her here in the UK as she has been really helpful and changed lots of life's

[@JurgenStenzel-kz7vo]

Life is easier when the cash keeps popping in,thanks to Elizabeth Ann graney services.Glad she's getting the recognition she deserves

[@DanielGrezda]

I use to work 3 jobs,full time at Walmart,a server at night and Lyft on the weekend,until Elizabeth Ann graney change my story.

[@moonymannnn]

But it doesn’t fix the “people are stupid” problem…

[@dsflat6785]

Bitcoin Cash halving Today, same genesis block as BTC, same 21M total supply, same halving cycles and up 6X into its halving 🥳

[@Nathan-om8es]

What is the best way to make money from crypto investment as crypto is turning around massively.?

[@MarkfGame]

I personally employ Ms. Evelyn Turner as my t'rader. Her ability to t'rade and produce big pro:fits, in my opinion, is excellent.

[@Sofia32872]

Yeah that's right I think the best way is to invest with a professional, at least it saves the trauma of too much losses.

[@Sofia32872]

​@@MarkfGame Really you actually knew her?I thought I was the only one she has helped me through the fears and falls of trading

[@user-sj5yw6fo6h]

Seeing a remark regarding my manager Evelyn Turner is quite energizing. It was just like this when I first met her a few weeks ago. Having started with just 4k about 2-3 weeks ago, I have already made it to 21 k. She is very remarkable!

[@francisluis831]

Goodness gracious I'm so excited seeing Ms.Evelyn Turner been mentioned here also. Didn't know she has been good to other people too, this is wonderful because I also started with a KZbin referral like this

[@302Rmack]

Only if your fortunate enough to have bought in at a low price....otw it works like a pyramid scheme....one fiat for another

[@cachocorona6277]

They will both serve a function and niche. AMSCR11 has a lot more momentum right now and will decentralize as it scales

[@scottcoleman7339]

Why all the BS here about AMSRC ??? Scammers everywhere!! Listeners of this podcast know that Preston opposes everything except BTC. IGNORE the bots and scammers!!

[@hohyhersi5600]

Bitcoin is not holy! It’s just like democracy the best of the worst medium of exchange! And please stop saying “they don’t know what money is” because we all use internet without understanding how it works! I am big lover of bitcoin but at the same time I’m very cautious in regard to how to explain bitcoin.

[@CYBERTRUCK18]

Crypto bull run is making waves everywhere and I have no idea on how it works. What's the best step to get started please.

[@CYBERTRUCK18]

I'm new at this , please how can I reach her?

[@CYBERTRUCK18]

Thanks a lot for the recommendation.

[@beefcurtains3095]

I was totally vibing until he brought up the Jesus reference. So all the people the lived and died before Jesus didn’t deserved to be saved? It makes no sense. Stick to Bitcoin.

[@theintentionallivingpodcast]

People, prior to Jesus' death & resurrection, were saved via the same means as they are today; by grace through faith. The book of Hebrews chapter 11 speaks to this directly. It's never been by works.

[@jennimrtz]

AMSCR11 IS ahead of the game.

[@eldavicho19]

AMSCR11 is gonna go to $2 in a year..probably ahead of bitcoin in 4-5 years

[@towa02]

Too much advertisments, ill unsubscribing..

[@cpuchala7]

Oh god. This dude makes sense until he bring in his dead invisible man.

[@nick-oi1xf]

That was the best part. Christ is King!

[@user-gm1im2vx9o]

AMSCR11 is only Few hours OLD !! IMAGINE THE POTENTIAL

[@paulkieffer1189]

Stealing yusko’s line. Get your own ideas 💡

[@oliviaralston1]

You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires.,..,.,