I wasted 5 years learning this about bitcoin… I’ll teach you in 9 minutes

It's been exactly 1,792 days since I started my Bitcoin journey, which is almost enough time for me to get a PhD. But instead, I got my ass handed to me by the price. I watched it recover, got wrecked again and again. Somewhere along that chaos, I realized that the entire monetary system is actually broken. Today, I'm going to share the three biggest lessons from studying and owning Bitcoin and how they can actually make you a better investor, too. Bitcoin's bull markets are very weird. You see, in a bull market, everything makes sense. You watch a few podcasts, videos, you read a couple of articles, some threads here and there, and then suddenly you get it. Bitcoin is scarce. No one controls it. It's capped at 21 million. It's digital Manhattan. yada yada yada. You feel like a genius. Your conviction is like behold Bitcoin, the future of money, the replacement of the dollar, the king of kings. But then reality check. A bare market shows up and destroys the Disney movie you just fantasized about. It's a lot harder to believe in Bitcoin when it's down 20%. 50%. Hell 94%. That's when you start asking yourself, do you actually believe in >> I told you is diversified? >> But here's the truth. I see bare markets like relationships. When everything's going well, you love your partner. You create beautiful memories and everything feels lovely. Right, babe? But what nobody tells you about is what happens when you fight. Do you want to leave them? Of course not. Because you understand that every relationship has ups and downs. So in that specific moment, you might hate them. That doesn't mean you love them any less. You just make it through the fights. You make it through the bad moments. And the relationship obviously becomes stronger. I'm not here to tell you that you have to marry Bitcoin, but if you can accept that the King of Kings is sometimes going to bleed like this cow and you don't cry like a little baby during the bare markets, then the Bitcoin journey will reward you. They say that fishing teaches you patience, but have they ever tried going all in on Bitcoin? Because let's be real, Bitcoin exposed how impatient I actually am. You think you're a patient person? Try holding Bitcoin when it's down 40%. Or worse, sideways for 16 weeks. Before Bitcoin, I was thinking short-term. I wanted results right now. I expected progress to be visible immediately. But the thing is, Bitcoin doesn't really work like that. It works, but it works just like the Stanford marshmallow experiment. Have you ever heard of it? It goes like this. Scientists took a bunch of kids, put them in a room, and they gave them a simple choice. You can eat one marshmallow now or wait 15 minutes and get two marshmallows. Obviously, some kids didn't even think about it and they just ATE IT RIGHT AWAY. AH. While others try to resist and distract themselves by covering their eyes or turning away, other kids turn the marshmallow into a game. Like they pretend that it wasn't even real food. And what's interesting is those scientists noticed that the kids who managed to wait usually did better later in their lives. That's [ __ ] insane, right? >> And it's basically the same thing with Bitcoin. In Bitcoin, the people who delay gratification, they're usually the ones who get rewarded. You can react to every dip, panic sell, try to time the market, chase short-term moves, or you can just cover your eyes, pretend Bitcoin doesn't exist, and let time do its thing. I'm not saying it's easy, but you should know that volatility tests your patience constantly. And if you're impatient, Bitcoin will humble you real quick. But if you manage to stretch your time horizon and just chill, Bitcoin will definitely reward you with a second marshmallow, especially when the bare market ends. I would eat it, but it's not in my macros. So, I'm not going to break my diet for this video. While you're still waiting for that second marshmallow, you still have to do something with your time, right? For me, that's making videos. And to save 3.5 hours every single week, I use Story Blocks, the sponsor of this video. Storylocks is basically an all-in-one creative toolkit with a huge library of highquality human-made footage that helps me tell better stories. How do you think I'm telling you this video? We're talking about aerial footage, B-roll, music, sound effects, and templates that work right inside Final Cut, Cap Cut, Premiere, and any other software that you can think of. Everything is royalty-free and pre-licicensed. So, you can use it without worrying about copyright or monetization restrictions on platforms like YouTube. And if you use my link storyblocks.com/btca, you'll get 15% off any annual plan for a limited time. Thanks for listening. For that, you deserve all the marshmallows. The third lesson Bitcoin forced me to understand is that the game itself, it's kind of rigged. So, what do I mean by that? The system we actually live on depends on money losing value over time. There's so much debt in the world that the only way to keep everything running is by printing more money. When more money gets printed, it doesn't make everyone richer. It makes everything more expensive. So, what do people do? They run to assets like stocks, real estate, gold, anything that can hold value because it's scarce. And when all that new money flows into these assets, their prices start going up. And not necessarily because they became more valuable overnight, but because money itself is losing value. And since rich people are the ones who own most of the assets, guess what happens? Rich people, they just keep getting more and more rich. Meanwhile, the working class, it's stuck chasing prices that keep moving further and further away. And it feels like no matter how hard you work, you're not really getting ahead. You're just trying to keep up with the prices. This isn't some conspiracy theory that I created all by myself. It's actually a known effect in economics called the Canilian effect, which basically means that when new money gets printed, the people closest to that money, banks, governments, get access to it first. they actually get to spend it and they buy assets before the prices actually move. Then as the money spreads through the economy and it reaches everyone else, do you know what happens? Things are already more expensive because your purchasing power is lower than those who accessed it before you. It's like hideand-seek. Whoever gets to catch the money first wins. The worst part is the system kind of protects itself because think about it, the people benefiting from it, they have no reason to change it. So, it just keeps going because as asset owners get richer from all this money printing, they also become more influential. And when you have more influence, you have enough power to shape the rules or at least make sure that they don't change. So at some point you should stop waiting for someone to fix the system because fam, no one is coming to save you. And that's where Bitcoin clicked for me. It clicked in a completely different way. It stopped being just an investment and it started feeling more like a lifecher. I don't like rules. I don't like following some stupid system built to squeeze me. So instead of fighting the system, I chose to step out of it. I'm choosing to play the same game, but with my own rules, because at the end of the day, you can complain about the system all you want, or you can quietly position yourself outside of it. For me, that's what buying Bitcoin really is. And I know it sounds cliche if I tell you you'll thank me later, but right now I'll settle for thank you because I really did just save you over 1,792 days.