Hereβs how much Bitcoin you need to buy to get rich.
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How much Bitcoin do you actually need how much do you need to get rich how much do you need to be in the top tier of Bitcoin holders how much do you need to secure your financial future is Bitcoin even the right play anymore is it actually going to make you
Rich contrarian takes here some of them some of them also very practical takes make sure to stick around to the end for perhaps the most controversial take now before we dive into this first obviously investing cryptocurrency risky you can lose all your money full risk disclosure statement down in the description of the
Video I also hold Bitcoin and a truckload of other coins you can see my full portfolio disclosure down there as well so I think the important thing when thinking about this conversation is well what could Bitcoin be worth Someday I’m in the $1 million Bitcoin Club I don’t
Know when the $1 million Bitcoin happens AR invest says it could happen as soon as like 2030 2032 I’m here for that cool sounds good to me we’re impressed at times with black rock and all the stuff we always talk about here going on great very exciting
Million dollar Bitcoin it’s a lot it’s a lot if you bought a Bitcoin today for example that’s like a 20x plus return not bad not bad at all definitely securing our financial future that way but a lot of people want to make a lot of money quicker and of course hey if
You just have an extra 40 to $50,000 just laying around waiting to buy a Bitcoin congratulations they probably already rich just facts now if you’ve been diligently stacking Bitcoin for years now investing a few hundred a week for example you may not be rich but you’re probably rich now
And you’re going to be rich in the future with that one Bitcoin just pointing that out people like Michael sailor say that well Bitcoin could be worth $5 million one day if he’s right and there’s still a 100x potential in Bitcoin moving forward and it gets to $5 million per
Coin I guess no one was bullish enough except Michael sailor then in that situation and yes 100x return is insane and it means even people who have very little Bitcoin are going to be worth a lot that’s something to keep in mind so first by global standards how much
Bitcoin do you need well if you want to have more than your fair share you need more than 0.265 Bitcoin that’s the amount that if you take the number of total Bitcoin possible ever in the world divided by 8 billion that’s what you get that’s each human
Allocation so to speak but it’s not evenly divided 75% of the Bitcoin Supply hasn’t moved in years some of that’s lost forever probably four million coins could be lost forever 1.5 million coins have not been mined yet they’ll be mined over the next couple decades most of them but it’s not equally distributed
But if you did have 0.003 BTC well you in theory then have more Bitcoin than every person in the world could have if we were to divide up individually but Bitcoin is such a thing where not even every milliona in America can have one Bitcoin there’s 22 million millionaires in America globally there’s
About 65 million millionaires so if we took all 21 million coins and divided up equally amongst all the millionaires they could only each have 0.3 Bitcoin approximately not that crazy is it but it’s not evenly divided up and it will never be evenly divided up and of course
Again we have missing coins so really only have about 17 million Bitcoin at the end of the day probably that can ever be divided up amongst everybody so if you do have 0. 26 Bitcoin hey you’re uh probably going to be ahead of most people because realistically when you
Account for people who will simply never buy it or can never get it all this sort of stuff babies come on babies don’t usually have Bitcoin do they now babies let’s talk now about traditional investors so traditionally the 6040 portfolio has been the gold standard of investing 60% bonds 40% stocks usually index
Funds now that quote unquote safe portfolio has done pretty well over time to be fair but but bonds so boring come on come on who want buy bonds these days goodness gracious anyway here’s the fact if you had a 3% allocation to bitcoin 10 years
Ago five years ago a year ago you would have outperformed that 6040 portfolio so you have 57% in bonds 3% in Bitcoin 40% stocks for example you dramatically outperform all of your peers who are just stuck on the same old 6040 model your 3% Bitcoin allows you to dramatically
Outperform it’s big people are waking up to that institutional investors Pension funds people looking to do whatever with Bitcoin are waking up to this reality that is an asset that outperforms that it is the apex predator of money best damn asset class in the world the hardest asset on Earth people
Are figuring it out these prices won’t last forever essentially so hey maybe you only need a 3% allocation though if you want to just have exposure to bitcoin you don’t want to go all in but you still want to partake in some of that price gain excitement 3% of your
Portfolio if you’re doing a 6040 traditional split is enough what about the one Bitcoin Club this is something we’ve been talking about for a long time there’s now over a million addresses with one Bitcoin that’s very exciting but this has long been the goal for a
Lot of people I have to have one Bitcoin one Bitcoin I’ll be one of 20 million people who could never have one Bitcoin of course as I mention it’s probably more like 17 million people and some of the whales are never going to sell their Bitcoin Michael sailor’s got you know
175,000 Bitcoin stacked up of micro strategy they’re not selling their Bitcoin there’s no even distribution it’s basically every man for himself stack as much as he can because these prices won’t last forever no it’s going to become increasingly hard to get reasonably priced Bitcoin in the future we will look back on these
Days when in 2023 you could buy Bitcoin for $25,000 for half the damn year and not many people did because they were afraid I was buying every week were you anyway one Bitcoin is a great goal still if you can afford it if you can afford
It it’s expensive these days man to get one Bitcoin but the one Bitcoin idea is predicated on the thought that at some point Bitcoin is going to be worth a million dollars you buy one Bitcoin today you are going to have $950,000 in profit if you hold on until bitcoin’s worth a million
Dollars if Michael sailor right to go to 5 million bucks well then you’re going to have 4.95 million dollar in profits nice saor also be the richest man of the world at that point if that’s is the case this guy I tell you anyway one Bitcoin is a very admirable goal if
You stacked one Bitcoin congratulations you are way ahead of the pack way ahead of the pack there is a place for you in the Citadel if you haven’t yet stacked one Bitcoin and that’s still your goal keep stacking you’ll get there you’ll get there before we get into the next
Point if you’re not yet Stander to wealth Mastery it’s my newsletter it’s awesome you’re going to freaking love it we have over 990,000 people a week reading this bad boy our team sends about 40 hours a week putting together all the latest Alpha on altcoins airdrops nfts technical analysis defi
The latest news of course because there’s a newsletter after all use the link Down Below in the description where we can sign up for free get sent straight to your inbox thank thank you the next thing this is perhaps how a lot of people feel how much Bitcoin do you need
There’s simply never enough you need as much Bitcoin as you can possibly get it’s not possible to have enough Bitcoin how much do you need more just more because for a lot of people Bitcoin it’s not what a lot of you may think it is for a lot of people Bitcoin they’re not
Buying Bitcoin they’re exit Fiat and that mentality that mentality is crazy man because that means these people aren’t coming back it’s like the end of Point Break man he goes out into those big ways and the cops come up like let him go like no he’s not coming back man
Terrible can Reon impression you guys the point bitcoin’s going to Millions get as much as you can while you can stack like mad because you can never have enough some people that’s that’s their Mantra that’s what they live by maybe that’s you is that you let me know in
The comment section here’s the next take and this is perhaps a contrarian take none how much Bitcoin is enough none don’t buy any Bitcoin bitcoin’s Boomer coin you’re not going to get rich off of Bitcoin even if Bitcoin does go to a million dollars it could be a decade
Which hey it’s not a bad investment for a decade 20x in a decade I’ll take it but but if you have to wait that long man there’s a lot of coins you can make a lot more money off of in the short term you can always put money back into
Bitcoin later if you are buying subid cap altcoins they have 50x returns this cycle they have 20x returns this cycle and Bitcoin you might need another two or three Cycles to get that 20x so you can get a 20x on an altcoin this cycle a
20x on an altcoin the next cycle and the next cycle the next cycle and outperform Bitcoin but you’re gambling people see Bitcoin is less of a gamble more of a safe bet this is why they buy Bitcoin over altcoins they understand it’s slower you have to keep a low time
Preference things are going to happen overnight altcoins more of the I want things to happen sooner crowd which is very understandable people don’t want to have to wait decades to be able to enjoy their lives and to have money and wealth and the financial freedom and security
For the families that they want to have I get it I get it so that brings us up to what am I doing I’m kind of in Camp four but also in Camp five let me explain I have a lot of Bitcoin I’ve stacked my Bitcoin diligently over the
Years yay me I’m holding on to that Bitcoin I may work up the courage to sell a little bit of it uh this cycle if prices get really really crazy and then Reby in the next bare Market all the altcoins though see you later bye I’m not a wedded to those bags
Bitcoin is an emotional attachment for me I admit it it’s true it’s true you’re not supposed to marry your bags but kind of happen with Bitcoin just you know one day just kind of happens you’re like damn damn anyway I’m not buying any more Bitcoin right now not with cash
Anyway any stable coins that I have I’m using to buy more altcoins right now because I believe the altcoins are going to dramatically outperform in the long run during this Market cycle versus Bitcoin Bitcoin will have its moment around the Bitcoin ETF and it’ll be a solid return this Market cycle but all
Coins will be the bigger winners I believe that that’s why I’m allocating my money the way that I do not telling you how to allocate your money just say what I’m doing with my money I do still get a little bit of Bitcoin um I’m you affiliate for different companies like
Byit or Ledger for example they pay out on bitcoin so I still do acquire a little bit of Bitcoin I don’t sell that for cash I just take it and put it in my wallet and of course when I do have altcoin profits sometimes I will cycle
Some of those profits back in a Bitcoin put it in the cold wallet don’t think about it that’s it so I still will get Bitcoin throughout the cycle but I’m not bringing my cash into Bitcoin right now that’s the difference CU I really do believe you really can never have enough Bitcoin it
Will go to a million dollars per coin but the bigger opportunity for making money remains in altcoins during the rest of the cycle do you agree let me know peace out till next Time
32 Comments
Keep stacking sats, store, repeat.
Will Bitcoin be an asset you can borrow against? Like a stock portfolio? So you donβt have to sell it to take advantage of it?
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One bitcoin is now out of reach for 85% of the population on the planet.
Your fake tan turned you orange.
My unborn is already a hodler
this guy reminds me of a robert palmer video
Iβm going with SOL in 2024. Two or three months ago I would have said βno wayβ but I think solana is going to be the darling of this bullrun
Also I wish I bought INJ π€£
Lark, with the ETFs, do you think there will be a significant drop in prices after this cycle as in past cycles? Might prices stabilize as a result of the ETFs to the point where it doesnβt make as much sense to liquidate?
My baby have btc β€
π₯NEO paysβ½GAS dividends!π₯
Your Point Break bit was hilarious, Lark!! Merry Christmas!!
266.34 bitcoin holder since 2012
β€β€β€
I remember your wise counsel to take profits or the market will take them for (or from) you. BTC is a safe investment although it is a long term proposition. I'm down with that. I have only one altcoin in my portfolio, plus some gold and my weight in silver (precious metals have no yield, hence can't be taxed). No stocks or bonds (too risky) and more than enough passive cash flow to pay the bills. I picked the right altcoin and made a fortune. So basically, I've followed your lead with the exception of dollar cost averaging. Getting my crash helmet on for what's coming.
Bitcoin will be around for another century. It will only contjnue to go up and will be harder and harder to get. Every other asset class is saturated and has counterparty risk. I doubt it will ever be a currency, but it will back currencies, in the way that gold used to, but with finality and more transparency. Every other crypto almost has a team of people, or a company behind it, which I see as a negative.
You can never have enough bitcoin.
Imagine how many people will pass away without giving up their seed phrase? Rich narcissists, lots out there, huh huh?π
How we gonna be buying more Bitcoin on the next bear market when all the asset managers will buy the remaining ones available in the coming months
Sure, some alts may offer ''get-rich-quick'' chance but remember, there's a also a HUGE risk. Remember ftt, cel, luna, hex and other shitcoins.
So actually, you can put 100,000$ without blinking an eye in bitcoin, zero stress, it's the most robust system, powerful network, most secure. however, it would create stress to even place 20-30k on an altcoin. so actually, you make same profit.
500,000$ on bitcoin, it increases x4. you make 1,5m.
40,000$ on altcoin, it increases x40, you make 1,5m
Who is that Millionaire explaining?
altcoins are for poor since they want to get rick quick with a small investment
Exiting fiat is indeed my main reason to have Bitcoin.
I am challenging all content creators to stop over using the words Actually and literally. Seems to be the only words in everyone's videos . π
Keep stacking those sats friends! Get off zero…
100 percent agree β€
You made me laugh. You made me cry. Muchos mahalos, Lark, for sharing your perspectives & strategies. Useful with a side oβ haha. Iβm emotional about bitcoin too. Itβs beautiful & perfect.π§‘β¨ β¨β‘οΈβ‘οΈβ‘οΈ
Iβve just bought 4 eth and 0.5 of bitcoin and 1000 xrp π
β€ πCOQ INU 100X β€
I might hodl my BTC through this bull market. Itβll be harder to claw back in the future. Consider how many will want it then.
Lark looks so much like one of my previous employers. He spoke like he knew what he was talking about but really had no clue at times. I hope Lark is different…
Someone I know once had 10 bitcoin, he said he bought it around $10k but then sold when it went to $20k. He said he regretted not holding and selling when it went to $67k. Iβd bet he still had his 10 BTC now thinking how highly it might get to.