Transcript for:
Cryptocurrency Wealth Creation and Risks

crypto will make more millionaires than in history from 2024 to 2026 but I have some huge cautions an FBI warning came out yesterday that Abs from Good Morning crypto posted and we're going to dive into that but we're also going to dive into some really positive things that could really transform your life you have to have a game plan this is a transformational asset class that is coming in but I'll tell you what they don't want Main to have a piece of Wall Street my name is coach JB what I work to do is make very complex macro and micro economic strategies very simple so the normal everyday person can Implement them we've helped hundreds of people over the last year I'm a licensed insurance agent have licensed insurance agents in all 50 states learn how to pull from the left side of the risk pyramid highrisk High profit and what I do is I secure mine in insurance-based products rule number one don't lose money rule number two follow rule number one Warren Buffett so I pull from highrisk High return I pull it to the bottom of the risk pyramid I ensure my family and my wealth and I make sure I'm Diversified heavily outside of the asset class called cryptos if you want to set up a free consultation click the link down below within this uh description of the video click the link absolutely free consultation you can click the bio and you can set up a free consultation as well on my social media we also have the 3T Warrior Academy which is completely separate from our insurance organization you can join 7even days for free our education Academy if you're wondering how this whole system works all right so let's Dive Right right into this so first we're going to take a look at this post from um abs and good morning crypto show uh if you have not followed the good morning crypto show it's right here on our channel it's one of the greatest news crypto news stations in the world okay so ABS posted this yesterday says just in FBI warns America against using non kyc Bitcoin and crypto money transmitting Services now I've been warning you guys since 2020 about this the way that they can disrupt cryptocurrency maybe first remember first they resist it then they sue it then they regulate it then they join it but one way that they can mess up the game is they can choke off your exits and your entries okay that's why I'm Diversified across exchanges I have some on a wallet right hard wallet and that's why I'm Diversified outside of crypto and that's why I pull profits it's extremely spective this type of stuff can happen so what they're saying right here is if you're in on nonk wide seed okay let's well let's read the rest of it and then I'll give my perception on it then I'm going to share with you the positive stuff okay the FBI warns Americas against using crypto money transmitting services that are not registered as Money Services businesses according to the United States federal law is this an effort to protect investor ABS say or a threat to use kyc non- kyc wallets okay it's right here this is the public service announcement is April 25th 2024 FBI warns Americas against using cryptocurrency money transmitting services that are not registered as money service business says cryptocurrency money transmitting services that purposely break the law or knowingly facilitate illegal transactions will be investigated by law enforcement and using using a service that does not comply with the legal obligations may put you at risk of losing access to those funds you got to be very very careful this is where the volatility comes in not the volatility sorry this is where the risk comes in okay so I'm Diversified I use coinbase I use CC I use crypto.com I'm not really on these offbrand exchanges I'm just not because I don't play games with my money I don't care what the favorite influencer says I don't play games with my money I work really hard for my money you do too so I make sure I'm on exchanges that I believe are going to make it through regulation exchanges that are cooperating you know what I'm saying like everybody gets so caught up in this you know oh guys they're going to centralize this they're going to centralize this this is going to be part of the financial system I guarantee you Wells Fargo Bank of America JP Morgan Chase all of them are going to custom crypto here in the future I promise you it is the new Financial system so they could lose control of the system so but what they could do is choke off the entry and exit points and they could go after these exchanges that are non kyc and they could shut them down and you could lose all access to all your money so it's a delicate balance right and that's why I always pull profits I always get my initial investment out and then I hold longterm and I make sure I'm Diversified across exchanges that I think are going to make it so let's take a look at uh Ral Paul this was really cool so I'm going to um sh share this video with you guys listen so listen what is it with me today I'm actually nervous I'll be honest with you guys we have our um I I get really uh nervous and very um I want to do a good job we have our freedom conference and nerves are good right because I want to make sure we provide a amazing conference and I'm actually about an hour away an hour and a half away from speaking um so I'm pretty excited so it's our freedom conference but um I'm nervous right now so I feel good about that because I want to make sure we deliver a lot of value to our people okay so ra Paul Raul Paul the man this is such a great Channel I love him uh it says urgent update a big crypto picture so it's a 45-minute video but we're going to watch from minute 21 or watch about three minute video because I want you to go visit his channel and take a look at this but listen to what he says guys people are going to get really rich in crypto really rich this is an anomaly of what's happening with Bitcoin it's an absolute anomaly so I told you guys like I my bags are packed in xrp xlm harar uh Ada q&t you know the iso tokens and I've been accumulating the [ __ ] out of Bitcoin since last year like I've really really gone heavy into it to me it's like a store of value for gold right um I'm going to accumulate as much as I can until this bull run really hits but I want you to listen to what he says a short video and then go watch the full video this is going to be the greatest transformation in wealth in history in my opinion right so there is no asset class in all of history that's ever performed like this never even with the draw Downs this is why I keep saying to people you just want to buy and hold them and if you can make the right switch amongst the big ones as the next big Network gets adoption you'll make even more compound returns right this is the biggest gift we've ever been given as investors and it's the biggest macr trade of all time let's go back to the risk reward topic here's yurian Tim's chart that I've stolen from him um which is on the left is all of the bubbles of risk rewards of assets and how they look pretty typical and this is how asset allocators think about it but when you add in Bitcoin you end up with a massive blank page with at the very top right this [ __ ] alien risk reward which is Bitcoin let me I love when he said the [ __ ] alien risk it is alien guys I've been telling you the exact same thing I made more money from 2020 to 2022 then I would have made as an executive at a bank like in my retirement well pretty damn I'm exaggerating a little bit but it was pretty damn close man I'm like holy [ __ ] like it's it's alien the returns you're G to get but if you meet Aliens man you want to pull some profits crypto is a complete alien in time in terms of performance and risk reward this chart includes the draw down of 2022 crazy so you see again I keep saying it's a gift and people still don't really understand what a gift it is it's something unlike anything we've ever had in history and it gives us a hell of a chance to make money so to sum up what the biggest macr trade of all time is it's crypto going from 2.7 trillion where we are today to let's say 12 trillion by the end of this cycle and on to 100 trillion within 10 years okay I'm just going to let it sit there because I want you guys to go watch this video let me pull it back too so you can see it it's Ral Paul it's his um Ral Paul journeyman uh urgent update crypto the big picture was uh six days ago because I want to give respect to his channel like that it's such a good video it's such a good video it just it really made me bullish I me I'm super bullish but it made me really excited but also this is the truth I want to speak to you guys yes it's it's it's such a gift huge gift but you got to have a game plan guys you can hold longterm you absolutely can there's nothing wrong with that but make sure that you understand what exchanges you're working with don't play games with your money don't get caught up with these YouTubers that are giving you in these hype trains and meme coins and all this [ __ ] stick with the fundamental cryptos stick with a fundamental investment strategy stick with fundamental real world solve things that are going to change the world okay so when he talks in in his thing he talks about Bitcoin he talks about salana so I talk about Bitcoin I talk about xrp xlm all the iso tokens right the infrastructure I look at infrastructure supply chain vchain manage uh vchain management vchain Supply Chain management um but also I run companies that's what I do so we have seven companies and we basically build companies and so I'm not the reason why I say that is because we look at things like real world solve like like can this crypto actually solve a problem for Humanity that's all a company is right and that's the basis of how a company will survive can it continue to solve a problem for Humanity and if it can't and if it stops solving a problem for Humanity or it's not innovating or it doesn't have the capital or doesn't have the right leadership team um you have the wrong leadership team it's not going to survive right it doesn't matter how great the product is if the per the people can't lead the product right so there's so many factors that go into it so again I share with you my game plan at the back end of every video I I use the risk pyramid right so on the left side of the risk pyramid is high risk High return so if you just pull up risk pyramid you'll see it left side high risk High return so the higher you go up the risk pyramid the riskier assets be come we'll put cryptocurrency as The Shining Star on the top of that there's no regulation it's volatile they are going to pull profits they're going to wreck crypto to build the new narrative right but we're going into a bull run that's super exciting it's a risk on risk-off asset it's going to go up it's going to go up right but now you got FBI trying to choke off the entry and exits make sure you're on kyc exchanges make sure that you know however you want to handle this I'm just telling you got to nor I'm to get all kinds of comments about oh centralization guys it's your money like they don't don't give a [ __ ] about you they don't care about your emotions they don't care if they you know if the FBI shuts down a non kyc exchange there's no customer service you're going to call and nobody cares about your money guys so why would you play games with it it's just I'm just I want to just with risk of being judged for saying stuff like that I just I just don't want you guys to lose your money that's all I'm saying okay so I pull from the left side of the RIS pyramid I pull it down the RIS pyramid and I ensure my money I use insurance I insure my family and I Ure my wealth the reason why I do that is because it guarantees my principal I have a zero floor I can't lose any of my principal so everybody's come collapsing down in 2022 my principal is guaranteed when people come collapsing down in 2026 my principal will be guaranteed I can also access liquidity for me insurance is a long-term strategy though insurance is not sexy till the back end of your around retirement age not retirement plans but because of tax code 7702a you can access the cash value taxfree you're also getting compound because it's indexed to the markets okay so um that's what I do with mine I'm also Diversified in business Information Technology attention and education and we're future proofing our business for 26 and Beyond so we're having a meeting in July with my executive team and we're starting to Future prooof our businesses to look at what the waves of energy are going to be how is a i technology going to affect our businesses um how what it's going to look like for team members in the future what what what type of products and services do we need to provide how do we need to innovate within our company to make sure that we can survive these changes in innovation in AI technology um what else do we got going on I have precious metals I have silver I'm using gold for borrow toil using gold Bitcoin as my gold okay and then from there self-development and then my relationship with God and Jesus Christ which makes you the richest man in the world so if you want to figure out how to set up an Exit Plan download Merlin it's 30 days for free you can try it before you buy it I'm the co-founder in Creative Merlin you can set up an exit plan you can see all your exchanges in one place okay then from there if you choose to have a relationship with us if you choose to cancel boom you can just click a button and cancel so um that's down the description down below so love you guys I appreciate you as we always say Warriors rise get your [ __ ] together let's go love you guys [Music]