JL, I don't, I mean, I love you, man, but you're going to get lit up on the internet. You

This guy's going to absolutely get creamed by the people who are wearing Bitcoin

I do think Bitcoin will go to zero eventually. Anybody

who thinks crypto is the future is a moron and they're betting against BlackRock

But the guy's right. I mean, look, in history, Bitcoin has had

But the market is going to go through a flash crash over the next two

Right now, we're in a bull market, which means it's going up. So a question

that comes up all the time is if I have a bulk sum of money, should

I put all of it in or should I DCA? Should I dollar cost

average $10,000 a month, for example? My opinion? is

that. I'm Matthew Fraser and this is Crypto Collective. After

making millions with Amazon and e-commerce, I realized that

if I was starting again today, crypto would be my

first choice. I'm here to help you take your first steps

and build real wealth. Ready to set yourself up for life? Let's

go. Today, it's reaction time. So let's jump in.

In 2012, you need 30,000 Bitcoin to buy this house.

A decade later, it had only cost you 20 Bitcoin. And

today, it could be yours for 5. If

home prices keep falling in Bitcoin, why do

We know why, because the fiat money system is a total

scam. It's a broken money system. Have

you ever gone to the grocery store lately and thought, how come

I've only got a handful of items, which

is now like $100, when only a few short years ago, your

trolley was basically half full? It's because the

money is being debased, the currency is being

Inflated away Through money printing

and that is the big scam that we all live in and that's why you

have to move to a harder Monetary asset

I don't I mean, I love you man, but you're gonna get lit up on the internet. You

need to not say this Well, I'm sorry, but I

I wonder if this is staged, right? This guy's gonna absolutely

You asked me the question I can only give you the answer I have so let

me explain to you what I mean, right? so Bitcoin

as I said earlier If you bought Bitcoin

10, 15 years ago, you've done magnificently well. I

mean, who wouldn't want that? I wish I'd done that. I didn't

and still haven't, right? But that's not the

Well, let me just say, I'm going to jump in here. Before he says anything, let's test

my knowledge on Bitcoin. Bitcoin right now has

been doing 50% compounding every year for

at least the last five years, OK? This year, it's done 80-plus

percent. Last year, it did 120%. The forecast,

which is what he's now about to say, the forecast for Bitcoin, as

far as my research shows, is it will do between 30% to

50%, possibly 60%. each

year, on average, for the next 10 to 20 years.

Right now we're talking about 100,000. And when I was talking to Du Bois in the

Well, now I'm getting in front of JL, and that's what you're not understanding. And

I live with regret, and they're roasting me. And they have laser eyes,

and like, you dumb ass. You're out here podcasting and doing ad

I think you've confused me with your psychiatrist. I can't

help you with the fact you're being made fun of. All I can tell you is

that when you look at Bitcoin, it's a speculation. So,

it's not a currency. It's way too volatile to be

a currency. A currency requires stability. That's why inflation is

such a bad thing, and deflation for that matter. If you can't rely on

a currency having a fairly consistent value, it

doesn't work as a medium of exchange for goods and services. And

maybe crypto will get there at some point, but right now it's not. Let

me finish the thought. So it's a speculation in the sense that,

like buying gold, like buying exotic

cars, collector cars, or artwork, or

anything like that, when you buy crypto, You

are saying, I am hoping and expecting that

somebody at some point in the future will pay me more for this than

I paid for it. In the case of Bitcoin, that's

been a pretty good bet, although it's been a very wild ride. Anybody who's

actually tracked it, you had to endure some pretty dramatic drawdowns

at various points. But nevertheless, that

has worked out. Not all speculations work out, just

like your list of companies up there, right? They don't

Well, let me say this, though. And perhaps something that he may not

even know, but history shows that if

a asset reaches a total market cap of at least

$2 trillion, which Bitcoin has, it never

disappears. It always stays here. Just think about that. This

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two, two and a half weeks, we've just been ripping on

ES, NASDAQ, and Bitcoin. Now, I was just trying

to scare you guys a little bit with the flash crash shit. I

do think that we are going to be in this extended period of up for a

decent amount of time, but we are going to probably get and

have already started a mini daily or

potentially weekly retrace on the higher time frames. which is

super awesome. And just to be completely honest, I haven't looked

at the charts in the past couple of hours, but we've already formed

the bearish SMT on the four hour timeframe and the retrace could

very well already be said and done. There's still, I think,

hopefully still a decent amount of draws of low resistance, high

timeframe liquidity to the downside that we can go ahead and target. But that

It's funny, I don't really pay much attention to the day

trading markets, things like that. When you're stacking Bitcoin,

the great thing about it is you do nothing. You don't have to think about

the tops and the bottoms. Now I understand when people come in, the first thing they think

about is, If I buy today, could it be cheaper tomorrow? And look, it

might be. But right now, we're in a bull market, which means it's going up.

So a question that comes up all the time is if I have a bulk sum

of money, should I put all of it in today, like $100,000, let's say,

or should I DCA, should I dollar cost average $10,000 a

month, for example, over the next 10 months? My opinion

is that in a bull market, you should just put all of

it in today because it's likely going to go up into the future.

But if you're in a bear market where it's coming down, then

I wouldn't just dump all of my 100K in. I would dollar

cost average as it was coming down. I've done exactly that.

I bought all through the bottom and then back up through the top. And

I'm well, well ahead. That would be my advice. Well,

guys, in case you don't know what's going on in Australia right now, we

are being overtaken with total control when it comes to,

I guess, finances in particular. And it's going to

go as far as your Bitcoin. Could your Bitcoin be at

risk of seizure? Because right now, you've got banks

who are trying to control your money. It's basically not even

your money sitting in the bank. You may have even seen the other day, a guy was banking

with the CBA. They sent him a letter that said, How did

you build your wealth? Do you have cash at

your home? And if you do have cash at

your home, how much and what do you intend to do with it? This is total overreach,

not to mention the CBDCs that are now coming down

our neck, right? CBDCs, what is it? Central

Bank Digital Currencies, programmable money. They'll

be able to track every single thing you do. It's like a

credit score, but to do with your money. It's

totally what they call Orwellian, over-the-top government

overreach, and it's coming very, very soon.

I do think Bitcoin will go to zero eventually. Anybody

who thinks crypto is the future is a moron, and they're betting against BlackRock

and the USA. Especially right now, the USA knows that Russia,

China, they've been stacking up on Bitcoin, especially Russia to avoid sanctions. Whenever

the world has an economic collapse, which is coming, you can't print all that

money without that happening. Everyone will flock to the US dollar, maybe

gold. They're tested time and time again, not going anywhere. Crypto

going to get wrecked. What's going to happen when Bitcoin goes down to 15k? People are

going to buy. Goes down to 10k. And then what if it goes down to 5k and sits there

for four years? People will naturally sell, move on,

it'll be over. That's exactly what's going to happen. Crypto is based off leverage. Shouldn't

even be up to 100k, but yeah, that's what's going to

happen. Do you think there will be a world economic crash though? Yeah, I mean, you have to think about it.

Has there ever been a Ponzi in the history of time to not collapse eventually? That's

what QE is. Started in 2000, 2008 started doing heavily. Now

it's 2024. We've lasted till this long. Usually when we're

going to collapse, we have a blow off top. So I do think we'll

go higher in crypto, all assets, real estate, stock market. It

But the guy's right. I mean, look, in history, Bitcoin has

had retracements. It has gone down, right? And there's been

some drastic retracements, even up to 80%. But

he conflates it by saying crypto is Bitcoin. They

are two different things. Yes, cryptocurrencies, meaning

altcoins, yeah, a lot of them will go to zero, right? Most

of those cryptocurrencies are total scams anyway. Bitcoin,

however, is a completely different asset class. In

fact, Bitcoin right now is over $2 trillion. And

in history, any asset that reaches over $2 trillion

never disappears. That's not to say that there could be

another retracement. I don't think it's going to be upwards of 80% it

could be 50% could be 40% and if

it gets to those types of lows again Let's say

it gets to something like $70,000 again in the future That

will be another time to stack more Bitcoin because

after that it's only going up All right, guys, thank you so much for

joining me on this episode of Reactions. If you want to get in touch with me

or hang out with other like-minded people who are interested in

Bitcoin and self-managed super fund with Bitcoin in it, and

maybe even some AI trading so you can make maybe even 10 plus

percent a month, Find the link in the description. Look

forward to seeing you at the Crypto Collective community. All

right, take care. Thanks for tuning in to Crypto Collective. If you've enjoyed

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