In this episode, I’m going to explain you exactly why you should buy Bitcoin today. And I can tell you this already. You would not be alone. Billionaire Paul Tudor Jones buys Bitcoin as a hedge against inflation and he actually make that public. Now, just think about how many other institutional or just big investors will do exactly the same thing. Also in today’s episode, the price of Bitcoin finally broke. The eight hundred and seventy date downtrend line to the upside. So we’re going to have a look at some Bitcoin technical analysis. The Bitcoin halfling will go down in a little bit more than three days and we see a very interesting development in hash rate. And also in today’s episode, I want to show you the best possible strategy out there to build a Bitcoin portfolio. It doesn’t matter for new people or for people who are already in Bitcoin and want to stack up their portfolio. And now let’s jump right into it. And with that said, what is going on? Everyone’s some decree here. And welcome back to another episode before we’re going to start. If it goes like this kind of content, please make sure to leave. I like very much appreciated. And for new people, don’t forget to subscribe and also activate the post notification bell to not miss any videos any more. So what we’re talking about mainly today or what we’re going to start with is this headline right here from Bloomberg. Paul Tudor Jones buys Bitcoin as a hedge against inflation. And this news is from yesterday. Just think about how this will have an impact on other billionaires or just millionaires who can potentially buy Bitcoin and also use it as a hedge against inflation. We have been talking about the inflation problem of fiat currencies for so long right now. And it is very nice to see and was also predicted here on this YouTube channel that exactly around the Bitcoin halfling, well, people are getting more and more aware of the shrinking inflation of Bitcoin. Every four years, while fiat currency see a drastic increase in inflation lately. Well, obviously, we’re not the only ones out there having Paul Tudor Jones on our radar. So we’re going to have a look at this CNBC article in here. And this is very interesting what they’re saying about Bitcoin and also about Paul Tudor Jones. So let’s play the clip. Welcome back to Fast Money, one of Wall Street’s most successful hedge fund managers sending a giant shockwave across the cryptocurrency market today. Paul Tudor Jones reportedly buying Bitcoin as a hedge against inflation. Jones comparing the cryptocurrency to the gold trade back in the 1970s, calling it the fastest horse in this environment. Let’s break this bombshell down with our own Bitcoin. Voller Brian Kelly. B.K. IDOC Crypto Twitter was just on fire today with this. More so than ever. I clip that triggers a putting in place. But yeah, I mean, certainly having somebody to Paul Tudor Jones pedigree caliber come in and kind of put their stamp of approval on this asset class, got everybody really excited when making the comparison to gold back in the 1970s. I mean, if you follow the evolution of gold and Guy probably knows this better than than I do. But at one point in time, you’re buying gold and the ETF didn’t exist. When the ETF existed, it became much more accessible to a lot of different investors. And it sort of it democratize it and also took away that sort of bang for your buck when it comes to the movement of gold because there wasn’t scarcity involved with it. Can you see the same thing happening with Bitcoin, especially as Zeus talks about ETF as this continues to go mainstream? I mean, if this is truly sort of a flag being planted in mainstream investment, the next step could in fact be ETF s. I mean, it could be. We haven’t seen it yet. I think we’re a long way away from an ETF based on what the FCC has said. So at this point in time, it’s much more of an institutional level actually reach out and get into it fairly easily. But you’re buying the spot market. And I think when when you look back at the bull market in the 70s, that’s when gold was no longer pegged. Right. So that was kind of the first real market speculative market that you had. And that’s a lot like what Bitcoin is right now. You didn’t have all the derivatives. You didn’t have the options. You didn’t have the ETF. That might tamp down that volatility. That’s the same case here in Bitcoin. And when you look at big or at least when I look at Bitcoin on a risk reward basis, let’s say you buy gold on the on the idea that inflation is coming and it doubles, you’re going to be happy. Nobody’s going to be upset of a double in an investment. But if you look at the volatility of Bitcoin, where it’s gone and where it could go a five or 10x and Bitcoin would not be inconceivable in this environment. Brian, big fan of your work. A lot of people think the the gold bitcoin is binary. You have to own one or the other. They both can’t work. Do you think in this environment both can do well? Sure, it’s the same thesis. It’s the idea that you have you need a capped security or a capped supply. And so whether it’s gold or whether it’s Bitcoin, I happen to think Bitcoin has a much higher upside. A better risk to reward. But the thesis is very similar. The only other thing I would say about Bitcoin is that it’s different than gold. It’s a lot more. More, right. We’ve seen the issues we’ve had over the last weeks where gold prices disengaged from futures spot gold because they couldn’t get gold bars from London to New York to settle. You don’t have that issue with Bitcoin. This is Internet money. You just send it right over and settle it. So in that sense, I think Bitcoin has a bigger role to play in this environment than gold does. All right. Okay. Great to see you, Brian. Callear, own Bitcoin Boller. Karen, I’m curious when somebody like a Paul Tudor Jones says that he’s buying cryptocurrency. Do you think that sort of paves the way for other hedge fund managers in the mainstream to do the same? Yeah, I think so. I mean, it does. It’s sort of nobody wants to get sort of outed having owned Bitcoin if it completely falls apart. But if you can say, you know, Paul Tudor Jones owned it also, maybe that gives you a little bit of cover. I believe I mean, I think that Mike Novogratz had said it a few weeks ago, really, if this isn’t the environment for Bitcoin to work with this kind of just money printing all around the world, then I don’t know what is. So we’ll see if inflation ever ticks up. I’m optimistic that Bitcoin will go up as well. Well, of course, at this point, you could make the argument that this is mainstream media and why should you believe in mainstream media? But you have to say that what they’re saying regarding the inflation and also comparing Bitcoin to gold. They’re both Scar’s and especially in this environment right now where fiat currencies are just getting inflated. The Fed was saying they’re going to print unlimited cash or they have unlimited resources basically to get out of this crisis right now if there is going to be a harsher crisis than we’re in right now. Well, then we don’t know when Bitcoin can actually shine. Right. So this is the time for Bitcoin and billionaires buying Bitcoin and making that public. That should definitely give you a sign. I’m not saying that you should go all in today, but you should definitely start buying Bitcoin today. All right. But now let’s talk about the charts. What we’re looking at here is the Bitcoin weekly timeframe. And there are not that many people out there anymore who bought Bitcoin at a higher price. Where we are right now. Keep that in mind. The higher the bitcoin price goes, the more the train leaves the station. And you don’t want to be the guy chasing the train. Right. And you also don’t want to wait for the next train because potentially that can take up to four years because Bitcoin is going in for your cycles. So you should really start buying Bitcoin today. If you are interested in building a Bitcoin portfolio, if you understand Bitcoin, if you understand why Bitcoin can be a hedge against inflation. Exactly like Paul Tudor Jones said. So what we’re looking at in here is the Bitcoin weekly chart. Once again, I want to say that Bitcoin broke out this downtrend line, which exists for approximately eight hundred and seventy days. We do not have a confirmation yet in here. If this week can actually close above this trendline, I mean, it could end up as weak as we have already seen it at approximately fourteen thousand U.S. dollars. So the end of the week to close off this week is going to be very, very interesting. That is for sure. Also on the Bitcoin daily chart and here we can see exactly the same trend line. I would love to see Bitcoin establishing around those levels right now. To meet the ten thousand dollar level is not that important. Of course, psychologically speaking, going from a four digit Bitcoin to a five that you’d Bitcoin, that is very nice. And I think people don’t have anything against that who are invested in Bitcoin. But to me personally, the more important level is the ten thousand five hundred dollar mark. I’ve already set that Bitcoin needs to build a higher high before we can start to speak about new all time highs. And here we’re looking at the double top so far of ten thousand five hundred U.S. dollars. And I would really love to see that this is not going to be a trivial top in here, but that Bitcoin can actually break through ten thousand five hundred and then we can talk about new all time highs. And here is also something which is very important. And we’re going to come to that. You should not buy Bitcoin today and expect to get rich tomorrow or in three weeks. We have seen dump’s after Bitcoin hall things, OK? If you don’t believe that, check the video, which is popping up on top of the screen right now. In the past, there has been an 80 percent dump and 80 percent correction all through a huge run up of the bitcoin morphing. But Bitcoin will remain volatile, maybe a little bit less volatile than in the past because we have more liquidity right now. But Bitcoin will remain volatile. OK. That is very important to understand. And just in case that you guys are interested in trading Bitcoin with leverage, I personally recommend the leverage trading platform femoris. A video tutorial is popping up on top of screen right now. And my sign of bling Downbelow can get up to one hundred and twelve dollar deposit bonus for depositing zero point to Bitcoin or more. With that, you’re also supporting this YouTube channel. Thank you guys very much. And now let’s continue with the episode. Now, if you have a look at volume real quick, volume looks very solid on this breakout or indice breakout environment. We’re talking about three point two billion U.S. dollars over the last 24 hours on 10 exchanges, real trading volume. And if we go to the one hour, talked in here and have a look at the volume. Well, we have solid volume in here. This is a solid breakout. And even in the short to mid-term timeframes, I’m leaning more to the bullish side in here, although we already had a pump right now. And the correction can definitely happen at this point. Some people want to take profits, close their positions and so on. Get out of the market. That is totally fine. OK, we’re in here for the long run. All right. Now let’s talk about how you should buy Bitcoin. And this is actually quite simple. You should not go all in today and then tell me two weeks later when the price of Bitcoin dumps 30 percent, for example, that, hey, son, you told me to buy Bitcoin and now I’ve lost 30 percent. That’s not what you should be doing. First of all, you should be convinced about Bitcoin. You should. Learn about Bitcoin. And if you decided for yourself that you want to build a Bitcoin portfolio, what you should do is you should dollar cost average. And what I recommend as well is you go to B.C., a BTC dot com. This is the dollar cost average calculator. And here you can type in, for example, that you want to purchase Bitcoin for one hundred dollars weekly. And you want to check, for example, how much gains you would have made if you would have done that for two years. And you can also compared to other asset if you want to. And as you can see right here in Bitcoin, the percentage change of your portfolio would be plus 40 percent on gold. It would be 23 percent, 24 percent. And on the Dow, it would be minus seven point eight percent in here. And you can calculate and back test the dollar cost averaging strategy. So basically, always a buying at the same time in the month or at the same time in the week. That is the easiest way to build a Bitcoin portfolio. And it is stress free because if you’re buying Bitcoin right now, well, you should also buy Bitcoin in a week or in a month. But if you’re only buying Bitcoin today and the price of Bitcoin is going to drop 30 percent again and we have seen such corrections once again, there has been an 80 percent correction after a Bitcoin whole thing already. And especially if you are newer, you are not resistant to those price swings. OK. So you want to dollar cost average. And with this DCA, BTC dot com calculator, you can back test how it would have been if you would have dollar cost average already in the past. And this will give you a very nice feeling and it will show you the strength of dollar cost averaging. So dollar cost averaging, definitely the best strategy to buy Bitcoin, to build a Bitcoin portfolio right now. And you can start today. All right. And last but not least, a few words about the Bitcoin morphing the bitcoin. Halfan is going to go down in three days and 14 hours. I’m not sure if I will be doing a Lifestream or not. Let me know down below in the comments section, if you would like to see that. What we can see right now is a very interesting development in the Bitcoin hash rate. But that has nothing to do with the whole thing yet. This is because the Bitcoin price is going up and the block reward is still in twelve point five Bitcoin. So if that Bitcoin price is going up, Bitcoin mining is more profitable and therefore more people are actually mining. This is simple economics. So hash rate is always following price and not the other way around, like some people are still trying to tell you. OK. Hash rate is following price, but we also have to be very careful. Often the bitcoin boffing, the profitability will get cut almost in half. And I say that on purpose. It is just almost in half because miners are not just getting the block reward, which is getting Hoft. They also are getting the transaction fees and they won’t get Hoft. But anyway, let’s just speak about the half. So basically, after the profitability is getting cut in half. Well, less miners can mind profitable. Right. So what we expect in here is a decrease in hash rate. And if that would not happen, that means that miners are right now mining very, very profitable. OK. So a very interesting development is going on, will be going on. And I’m definitely interested in your opinion. Should we do a Lifestream during the Bitcoin hall thing? Do you want to have more such topics? Do you want to talk more about fundamentals? What exactly do you want to know about the Bitcoin morphing and so on? Please let me know that down below in the comments section. But that is it already for today’s episode. If it guys enjoyed it and want to support this YouTube channel for free, please make sure to leave a like very much appreciate it. Also, don’t forget to subscribe and hopefully see all of you in the next one by.