Episode Highlights:
- 00:09 – Things Are Heating Up In Cryptocurrency Space
- 00:37 – Let Us Dialog On Bitcoin And Altcoins
- 01:07 – When I Started Cryptocurrency Trading
- 01:22 – Understanding How Cryptocurrency Works
- 01:43 – Benefits Of Trading Cryptocurrency
- 01:54 – What Is Your Plan About Your Bitcoin?
- 02:22 – Different Ways You May Plan To Use Your Bitcoins
- 03:00 – The Future Of Bitcoin
- 03:15 – What Will You Spend The Bitcoin On?
- 03:41 – The Reason Why You Moved Into Bitcoin And Cryptocurrency
- 08:52 – Top 5 Plans With My Bitcoin
- 09:15 – Firstly
- 10:05 – Secondly
- 10:35 – Thirdly
- 11:20 – Fourthly
- 11:29 – Fifthly
- 11:54 – Travel The World
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Transcription:
Hey, what’s up, guys? It’s Dan again from cryptocamacho.com where each day I teach you how to make money in cryptocurrency.
00:09 – Things Are Heating Up In Cryptocurrency Space
Right now, things are heating up guys the cryptocurrency space is only going up. it’s going up and up and up. Adoption is increasing right. People are starting to notice, and people are starting to make more and more money with Bitcoin, with Altcoins, with ICOs, with all kinds of different things that are popping up in this cryptocurrency space right now right. We are in the midst of a huge cryptocurrency revolution right. We’re really in the midst of a financial revolution, and monetary revolution right before our eyes right now.
00:37 – Let Us Dialog On Bitcoin And Altcoins
Today I really wanted to open up the dialog and I want to find out what you guys plan to do with your Bitcoin? As you make more and more money in Bitcoin, as you accumulate more and more Altcoins. Maybe you bought an ICO, or two. What do you plan to do with your profits? What do you planning to do with your Bitcoin in the long run right? Are you planning to hold it to buy a house? Maybe you want to start a business, maybe you want to buy a car, maybe you want to go travel the world? You know who knows what you want to do, but I want to open up the dialogue to better understand and better find out how you were cryptocurrency journey ends right?
01:07 – When I Started Cryptocurrency Trading
I started trading cryptocurrency about a year and a couple of months ago right. I first bought my first Bitcoin a year and a few months ago, and I’ve been hooked ever since right. I haven’t been able to stop. I’ve been trying to learn as much as I possibly can about Bitcoin, about blockchain, about tangle, about altcoins, about ICOs.
01:22 – Understanding How Cryptocurrency Works
I want to know how this game works. I would really want to know how this space works because I see this massive, massive opportunity in front of me. And it’s not always about buying and holding Bitcoin or buying and holding altcoins right. The knowledge that you learn, the knowledge that you’re learning about cryptocurrency, about blockchain, about this new technology can take you to many, many, many different places right.
01:43 – Benefits Of Trading Cryptocurrency
You maybe you’ll get a job, or a career in cryptocurrency right. Maybe you want to be a developer on blockchain right. Maybe you want to start your own ICO and start your own business. Who knows what the case is?
01:54 – What Is Your Plan About Your Bitcoin?
But I really just want to know what do you guys plan to do with your Bitcoin? As things heat up, as you acquire more and more Bitcoin, I want to know what you plan to do with it right? If you’re watching this video now I have a pretty good sense that you are very interested in Bitcoin, you’re very interested in cryptocurrency, you hear the buzz going on. You’re an early adopter, an innovator and you want to be part of this incredible journey that we’re on. So, lets guys get right into it. what are your plans for your Bitcoin?
02:22 – Different Ways You May Plan To Use Your Bitcoins
Here are a few ideas of different ways you may plan to use your Bitcoin right. Let’s just go through them quickly right. Maybe you want to buy a house with your Bitcoin, maybe you’ve made so much profit that you can just buy a house outright, and never have to worry about a mortgage again, never have to worry about paying your bills for mortgage ever maybe that’s your goal right. Maybe it’s buying a car, maybe you have a beater just a torn-up car and the profits you make out a Bitcoin you want to just buy and invest in a new car right. You’ve wanted the car of your dreams forever, and maybe that’s what you’ll do with your Bitcoin. Maybe you want to save your Bitcoin, your profits for your kids and that’s a very, very admirable and really, really good thing to do.
03:00- The Future Of Bitcoin
If you think about you know where bitcoin is going where cryptocurrencies are going if you held for 5-10 years. You know, if you have small children the chances of you making a lot of money in cryptocurrency, or Bitcoin in the next five to ten years is astronomical. Especially if you’re watching this video right now because you’re an early adopter right.
03:15 – What Will You Spend The Bitcoin On?
And okay so, next do you want to spend it all in luxury, right? Have you just always wanted to buy fancy clothes, fancy car, fancy food, and just you know kind of blow your money on luxury, right? Some people are into that. I’m not, but some people are; maybe that’s what you want to do. Maybe you want to start a business, maybe you’ve always dreamt of starting your own business, being your own boss. Never having to go to the office again for somebody else, and that’s an admirable thing to do as well. Maybe you want to start a business is that what you want to do?
03:41 – The Reason Why You Moved Into Bitcoin And Cryptocurrency
Financial security that’s another one, right? Financial security is always on everybody’s radar, nobody wants to go hungry, nobody wants to be out on the streets homeless, maybe some people but not most people right. Maybe, maybe, maybe, maybe, maybe, just maybe. Maybe you hate the US dollar, and you have been burned by the US government. Maybe you’ve been burned by the US monetary system, and you want to get out of it. You want to escape it. You are tired of the Ponzi scheme and scam that Uncle Sam is pushing on the man. Yeah, maybe…hi guys I just had a little wrap…but maybe you hate the dollar. Maybe you actually don’t hate the dollar, but maybe you see that the dollars time is limited. Maybe you see that the US government, the US monetary system is not as strong as it used to be, and you’re looking for alternatives, right? Maybe the government you live in right, maybe it’s a foreign country outside of the United States. Maybe that governments currency is very volatile, and it can’t hold value so, you’re moving into Bitcoin you’re moving to cryptocurrency, right? Maybe that’s your reason. Maybe you’re just holding your Bitcoin for an economic disaster, and I find this to be the case in many other countries Argentina, Venezuela, Eastern Europe, China. You know all these different places people are starting to buy, and hold and accumulate Bitcoin and other cryptocurrencies, because they know a large-scale economic disaster is imminent. Given the you know the debt that the US holds over you know multiple trillions of dollars. Given the economic state of the world, maybe people are just holding for an economic disaster.
So, when it all comes down you’ll have Bitcoin. You’ll be able to exchange peer-to-peer with one another, not have to worry about these government-issued fiat currencies right maybe that’s your goal. Maybe you want higher education, right? maybe you want to go to college. Maybe get a degree. Maybe you want to learn to become a developer on the blockchain technology right, maybe you need to go to school to do that and that will cost you 50,000, and 100,000 you know schools are expensive nowadays. So, maybe that’s what you want to do. Maybe you don’t want to do anything with it. Maybe you just want to hold your Bitcoin, and watch it grow that’s a possibility as well. You know I know a lot of people that are getting into Bitcoin to get out of debt. DEBT getting out of debt. Oh! what happened here guys? Let’s go back, let’s pull this up and let’s see if it actually…maybe you do want to get out of debt. You know I don’t know. Maybe that is what you want to do. Maybe you are very, very lazy and you just want to sit around and drink beer all day, or maybe you’re not lazy. Maybe you just want to drink beer all day with your Bitcoin. Well, if you invest in Bitcoin, if you invested you know six months ago, you could have bought as much beer as you wanted for the rest of your life right. maybe you just want to hang out. Maybe you’re burned out. Maybe you’ve been working really hard, maybe you just… you need a break, right? and you just want to watch TV 24/7. You want to do nothing else, you don’t want to start a business, you don’t want to have a job, you just want to watch TV that’s perfectly fine to do. And if you have lots and lots of Bitcoin you’ll be able to do that as long as you very well please right. maybe with your profits you want to throw an enormous party right, maybe you want to hire a DJ, maybe you want to deck out your house to the night. Maybe you want to impress your friends by having a party with you know a personal chef coming in, and making you guys all food and dinner. You know maybe that’s your goal, maybe that’s what you do. So, so much would want to do, if I had enough Bitcoin to throw around and spare right? maybe, maybe, maybe, since the world is changing so much, and your Bitcoin investment went to the moon. Maybe you want to actually travel to the moon right, look at what Richard Branson is doing, look at what SpaceX is doing, look at what Elon Musk is doing. Space tourism is right around the corner guys, so not only figuratively can you go to the moon with Bitcoin, or literally you may be able to go to the moon, if you get enough Bitcoin guys.
And you do have to make a lot of Bitcoin to do that. Don’t get me wrong, but it is a possibility right. maybe you guys want to impress your spouse, and maybe you want to buy her or him something nice right? That’s always nice to do. Maybe you want to travel the world, right? That’s always fun to do as well, go to South America, go to Russia, go to China, go to Thailand, wherever you want to go. Maybe you want to travel. Maybe just maybe some of you out there want to retire and escape the nine-to-five the dreaded nine-to-five, maybe you guys want to escape that. That personally is something that I want to do for the rest of my life. I never want to have to go back to a nine-to-five job ever again. So, definitely you know something that I have worked towards, and I am happy to achieve. Maybe you guys want to buy a winery. Maybe you want to buy a distillery, maybe you want to start your own right? maybe you’re a wino, and you’re just like sipping on it all day long, looking at the tulip leaves right you could do that too. Maybe, maybe, maybe, maybe, you just want to brag about it. Maybe you’ve made millions and millions of dollars from Bitcoin, or eventually maybe you will. And maybe you just want to brag about it, maybe all of your friends thought you were crazy for investing in Bitcoin, and they’re like you are absolutely crazy; do not put a dime into Bitcoin. it’s a fraud. it’s…you know it’s fake, don’t invest in any altcoins. It’s all going to collapse and crumble. And when the… when then chickens come home to roost who’s going to be laughing? you or your friends? You are going to have the opportunity to brag so, so, so, much to your friends if you want right. Don’t listen to your friends that tell you not to buy Bitcoin, don’t listen to your friends that say cryptocurrency and bitcoin is a fad it is absolutely not a fad. I will prove that to you in years to come. Don’t listen to it guys.
08:52 – Top 5 Plans With My Bitcoin
So, what are my plans for my Bitcoin? what do I want to do with my profits from my Bitcoin right? So, I have kind of my top five plans of Bitcoin outlined right here. I have a lot of plans with my Bitcoin, but these are probably the top five that I’ve kind of narrowed it down to right. The most important things to me, aside from maybe buying a new car, you know that could come and go, but I do what…I do need, and I do want a new car. That’s why I put that on the list here right.
09:15 – Firstly
So, first I want to buy another house right. I do have a house today, but I do have a mortgage on that house. I pay a monthly mortgage right. I have several hundred thousand dollars in debt from this house right, not really in debt but it’s you know a house that I bought so, I owe the bank to pay this house up. I’d like to buy another house that’s bigger that has more land, and I’d like to pay it off free and clear. I never want to have a mortgage again right. if you think about where most of your…where of your earnings, most of your income and earnings go, it’s the month-to-month payments on your house. Especially, if you live in the United States, you know that a mortgage could be one, two, three, four, five, six, ten thousand dollars a month. Just to support your mortgage, just to buy your house right. I want no more mortgage. I want…if I were to go broke, if I would have no money again, I want a house to live in with absolutely no a mortgage over my head. So, that’s definitely first and foremost.
10:05 – Secondly
Number two is I want to buy a new car. I would love to buy an Acura TLX, I’ve loved that car. it’s a fancy car, it’s not that most fancy car. it’s not like a Lamborghini or a Porsche, or you know a Viper anything like that. I don’t really need that. I don’t really care to have a super fancy car, but I do want a nice car. Maybe it’ll be an Acura TLX, maybe it’ll be a BMW, maybe I’ll be a Mercedes, I don’t really know but I want a nice car right. I want a nicer car. I have a better car right now right. I’ve had it for a while you know, it’s not a beater. it’s just old right, and I’m just had it for a while and I need an upgrade. I’m about to do that very soon.
10:35 – Thirdly
Next, I love-love-love-love to start a business. I’m an entrepreneur by heart, by trade, by just nature. I guess if you will, I love to start a business. So, I’d love to start a business, helping other people. I’d love to start a business teaching other people, educating other people right. I’m kind of doing that now with crypto Camacho, but it’s not necessarily the business that I’m thinking right. I want to be able to just teach people, and help people become free of the 9 to 5. To help people you know to become financially independent, financially secure. It has been such a burden in my life to pay bills, to work the 9-to-5 job, to you know to support the family, you know just to make ends meet. So, fourth and so on that, I want to teach others how they can become financially secure and independent over time. That’s one of the reasons I want to start a business.
11:20 – Fourthly
And that actually kind of bleeds into my next financial security right. I want financial security in the sense that I don’t want to ever have to feel like I have to go back to a 9-to-5 job.
11:29 – Fifthly
And that kind of leads next into my next one right. I never want to work the 9-to-5 job ever again, ever again. If I can escape that forever, I would be one happy camper, I’d be a happy man right. And that’s exactly what my goal is and what I’ve been striving for. It for a little while now and I’m happy to report that, I likely will never have to work that 9-to-5 again. So, you just wait, and we’ll find it out. How things go when things go to the moon.
11:54 – Travel The World
But anyway lastly, lastly on our list, I have a bonus one in here. I want to travel the world again, and I put that because in my early years when I was kind of in my later teens, early 20s I did travel the world pretty significantly. I travelled all around South America, travel all around Eastern Europe, travel all around Western Europe, you know I’ve travelled quite a bit. With the South Africa, kind of travelled the continent there. And I haven’t been to China, I haven’t been to the Asian countries right. like Thailand, Vietnam, and Korea, and like all those kinds of places. So, I would love…Australia. So, I would love to travel the world again. I’d love to take my family, and just travel a word with them in luxury, in a nice way right.
Not backpack it all the way around, but just you know do it do it very nicely right. And that’s really what I would like to do with my Bitcoin. So, what do you guys plan to do with your Bitcoin as you accumulate more and more? As you make more and more profits, what do you guys want to do with your Bitcoin? How’s your crypto journey? And how has it been so far? And can you see the light at the end of the tunnel? Do you guys see yourselves making more money in cryptocurrency? Do you guys feel the momentum growing? Do you feel adoption growing? I can feel it, I can taste if I could smell it guys. If you haven’t started in cryptocurrency, if you’re brand new to this, you know that’s okay. Go look at my previous videos, look at all the different ways you can make money in cryptocurrency. And you’ll find out that there’s a significant number of ways to make money in this space. Many we haven’t even discovered yet right. so, I just want you guys to take advantage of this right now, I want you guys to be aware of the opportunity in front of you. I want you to be able to confidently talk about this with your family, and friends so that they know it is not a fad guy. This is not a fad. Bitcoin, blockchain, altcoins, they’re going to be around for a very long time if not forever right. Anyway, I’m Dan from cryptocamacho.com. I hope you enjoyed this video. If you haven’t subscribed to my YouTube channel, please do go down and click on that little red button. Until next time. Hopefully, this was helpful for you guys. And please leave a comment, tell me what you guys plan to do with your Bitcoin see you later.
