KRYPTOWALUTOWE Q&A 21.09.2026 - Norwegia Transcript, AI Summary & Key Points

Hello everyone, Filonieczny here. Welcome to another Q&A, this time coming to you from Norway. From Norway, where I am currently fishing. Those who follow me on Instagram and X probably know. Actually, on X, there was an opportunity to ask questions for this Q &A. Uh, for the curious and interested, since you often ask. I am currently in the town of Nyksund in Norway.

Uh, you could say it's like the end of the world. M, well, I'm here for cod fishing. The weather was not great today, so I didn't go out. And by the way, I also wanted to record this Q&A for you. Uh, well, and by the time you're watching this, I won't be here anymore. Uh, as for some other interesting facts about this place, there are about 40 houses here, of which only 20-something are inhabited.

It is a quite interesting little town. Mainly because the atmosphere here is great. Yesterday, by the way, you could see the aurora borealis in the sky; I'll post photos and a full report of the trip on Instagram, so if you have Instagram, you'll be able to see it there. So I think that's it. I think that's it as far as the introduction goes. As always, before we start, please remember that everything you hear in this video is solely my private opinion.

And it is not investment advice. By the way, I need to get my steps in today. I try to do about 8,000 to 10,000 steps a day. They say it calms you down, lowers cortisol, reduces stress, and helps with weight loss. So we'll see, maybe I don't need the latter, but let's see how it works. Anyway, there is a nice little lake nearby, a trout lake, so I will try to walk there with you.

And by the way, on the way, I will answer your questions, and the first question is from Bogusław. Which exchange do you recommend in terms of security, and not affiliate links? Uh, here at the very beginning, it must be noted that you shouldn't view an exchange as something safe. I believe that as investors, we should assume from the start that an exchange is a place that is dangerous, a place where there is a potential risk and the possibility of losing our funds .

You also shouldn't view cryptocurrency exchanges as a place to store cryptocurrencies. And I have repeated this dozens of times. An exchange is a place where we buy, and then we take our cryptocurrencies away. Just like with a currency exchange office, if we want to buy dollars, we go with zlotys, we give the zlotys, we get dollars, and we don't leave those dollars there.

We don't leave those dollars; we take them with us. Uh, and it's exactly the same case with exchanges. When we want to buy Bitcoin, we take our zlotys, we transfer them, whether it's via bank transfer, uh, or even, uh, well, physically, right? Because there are also, uh, various types of providers where you can physically buy Bitcoins for cash, or even for stablecoins.

And we take those Bitcoins with us; we don't leave them behind. Uh, statistically, an exchange goes under every month, so I would never look at an exchange as something, uh, safe. You can see a dried fish as a sign uh, at a small restaurant. Uh, I haven't eaten here, but there used to be a nice restaurant there that I recommend. If you are in Nyksund, we just passed it.

M. So, an exchange is not something safe, and you shouldn't say which exchange is the safest. None of them are safe, and none of them are the safest. However, when it comes to the exchanges I would pay attention to in this cycle, they are the ones that have already gone through KYC and have MiCA. Uh, even though I'm not a fan of such solutions, and I'm more for freedom and anonymity, on the other hand, if an exchange has to report its funds, its holdings, if, uh, it undergoes audits, well, there is some, let's say, a

better chance that we won't lose those funds. Yes. However, I would look at an exchange from the perspective of risk. In such a way that , am I, am I, am I risking a lot by keeping funds on an exchange for 10 minutes, right? Because I believe that we shouldn't keep those funds any longer, and there is, like, no justification here. I go in, I transfer , the money comes in, I buy, I withdraw .

Let it be not 10 minutes, but half an hour, let it be an hour. If we want to increase security, we can divide our funds, for example, between two or three exchanges; transfer, let's say, 100,000 PLN that we want to put into the crypto market to three exchanges, 33,000 each, so we risk three times less. And now, out of the exchanges that have gone through MiCA, there is, of course, OKX, there is Kraken, there is Coinbase, and in Poland, we have Kanga.

However, the volumes here aren't exactly great either, so we also need to pay attention to the fact that when making transactions for larger amounts, it may turn out that the rates will fluctuate more significantly. So, I think these three exchanges seem okay to me. If we divide our funds across those three or four exchanges and don't try to keep funds there, but just buy and withdraw, then it should be okay.

We have another question from Bartek. Willy Woo writes that the bottom is already in, he gives it 90%probability around 75,000 dollars. He moves away from looking at historical highs and lows. What do you think about that? As for Willy Woo, he is also an investor who has been wrong many times, in the last bull market and the one before that, so it's just the opinion of some analyst, and as I’ve told you many times, nobody knows.

However, of course, it is plausible; I also repeated many times when the ETFs came in that the rules of the game would change significantly because new big players joined the market, new investors with huge capital who can manipulate this market. And some people didn't understand when I repeated that, in my opinion, cyclicality doesn't exist, but we still move according to cycles because the big players simply play along with them, and their psychology played a role here.

And as long as it does, we will behave according to cycles, but it doesn't exist as such, and that’s precisely why I realized half of my profits at the bull market peaks, not all of them, just in case they didn’t play along with the cycles, or the psychology didn't work for them, and Bitcoin could , for example, go higher. And yet some people still don't understand or didn't understand that.

And it seems to me that in Poland I am known as the advocate for cyclicality or the "little calendar," as some call it. Well, if that were the case, I would have sold everything according to the calendar in October, and not half of it—contrary to the calendar—in June, just in case . So, of course, something like that could happen. We could have a situation where it turns out the bottom is already in, there will be no further drops, and the time for those drops is actually very short.

Perhaps if a crisis hit, if the S&P slid, it would help us a lot, and it would suddenly turn out that, by some strange coincidence, somewhere around October or November, the bottom deepened, and we can actually play according to the cycle. And that psychology still works. However, I look at Bitcoin a little bit from the perspective of probability. I believe there is no point in banging your head against a brick wall.

Uh, if it turns out that Bitcoin goes up or even breaks through those levels above 80,000 or 90,000, and according to technical analysis, uh, according to the 50-week moving average, we break out of this downtrend, then there’s no point in forcing yourself to wait for some calendar event to play out, or because of some specific news, like how it happened every time near the bottom, where Bitcoin would crash exactly when something like FTX fell.

That could obviously happen. However, again, following my own, what I believe is a logical, safe strategy, what could happen? Well, in the worst case, they'll just make less profit if they buy and Bitcoin then drops, for example . Yes. Looking at what is happening in the market right now, at all these manipulations, like those rallies we saw when suddenly four pieces of news come out in one day and Bitcoin shoots up, ETFs are suddenly buying heavily, there's no predicting that.

And if anyone thinks they can predict the future, I wish them good luck, of course, but most likely that person will wake up in a few years and realize that they just wasted those few years and have neither the money, nor will they ever get that time back. I realized some time ago that in this market, it's best to play the probabilities, slowly but surely, and thanks to compound interest, you can, in the long run, in the long term, earn some money, which is still much more than you could earn anywhere else.

The next question comes from Crypto Uncle. If for some reason, like war, another pandemic, and so on, Bitcoin were to drop to extremely low levels, say 5,000 or 10,000 dollars, would you still accumulate it? And that is a very good question because it connects to the previous one and perhaps shows a slightly larger picture of my approach to the market.

Uh, if I saw Bitcoin dropping by 30, 40, or 50%in this bull market, in this cycle, even if just because of some declines on the traditional stock market or, even if it doesn't have to be a crisis, but just some pullback on the stock market or for any other reason, I would simply treat it as a buying opportunity. Taking into account that over the next 10 years we will have three Bitcoin halvings, considering that the costs of mining Bitcoin are getting higher, the cost of electricity is higher, the cost of securing the

network is higher, considering how much of this Bitcoin is already mined, considering that a large portion of bitcoins is lost forever and continues to be lost because people keep dying and, for example, don't pass on their seed phrases to their loved ones, and considering how fiat currency is degrading, and the debt and inflation we have. I believe that, well , Bitcoin, just like gold, has huge growth potential here, and Bitcoin has more.

Because in the case of gold, if gold rises and its price is higher, the profitability of gold mining also increases. Mines that, for example, were not profitable to operate start up , and we can dump larger amounts of gold onto the market. So, gold has a kind of price self-correction mechanism ; when it rises too much, too strongly, too quickly, larger amounts of gold are dumped on the market, causing the price to correct itself.

Well, in the case of Bitcoin, there is no such thing, and we know exactly what Bitcoin mining will look like for the next 100 years. We know how much is already mined and how much is left to be mined. So, precisely for the reason that Bitcoin has grown to a level where institutions, banks, ETFs, funds, and even countries are getting into it. The potential is huge, but there's no point in fortune-telling too much, because these institutions, banks, and funds have enormous potential when it comes to price manipulation.

So, I would simply look at Bitcoin as something that will beat inflation in the long term, it will be profitable, and I would treat every Bitcoin dip simply as an opportunity to buy, without any, without any major stress that something bad is happening to it. A threat that we could potentially have in the case of Bitcoin would be, for example, such a quantum computer.

However, according to what I read recently, Vitalik Buterin spoke about the quantum computer. According to him—I don't know much about this, so I try to read or listen to those smarter in these matters. Well, according to him, such a threat is very far off. So, if the man who programmed Bitcoin, if a genius, a programmer, someone deeply involved in this technology, says so, then I have no choice but to trust him on this matter.

Just as he himself said, he's betting 90%of his net worth on it. Yes, he bet 90%of his net worth on it, because 90% of his wealth is in cryptocurrencies. Next question from Ken. You're still educating Poles and devoting your time to it. It's definitely some kind of hobby. Haven't you thought about calling it quits, cutting yourself off from this whole mess, politics, and focusing only on yourself?

You're probably at a stage where you no longer need to follow all this in such detail. There are a few points here. The first point is that I simply enjoy it. The second point is that I don't need much time right now to stay up to date. As I've said before, I've already packed enough information, knowledge, conclusions, and experience into this " pot" that is my head.

So now, by reading a few scraps of information, I'm able to more or less estimate what's happening and where I am. Additionally, my strategy—the safe strategy, the compound interest strategy, the strategy of not reading tea leaves or trying to predict the future—allows me to achieve great results at a very low cost. And sure, there are definitely people who will pick that one altcoin that happens to go up, and they'll get it right.

There are people who will play with leverage, place a 100x short, and it happens to drop, or a long, and it happens to rise . However, in the long run, I believe these are the people who will lose. Statistics point to that. And somewhere , that experience, that time I spent in the market, showed me that even if someone wins in the short term and is happy, for some reason those people later disappear, go silent, X accounts get deleted, or they are deleted for the duration of a bear market, and then suddenly return

during a bull market as if nothing happened and start talking about the market again, just as we see right now. So, I don't really need a whole lot of time for it. And it doesn't really tire me out in any special way. As for cutting myself off from politics, from that world, I was actually at Zurnalista's recently. If you haven't seen that interview, you can find it somewhere on his channel.

Although you've probably seen it, because it's already got about 600,000 views. Anyway, I talked about it there, that I have such a plan as a curiosity, maybe a little bit to experience again that, that, that slow-flowing time. Well, I intend to cut myself off from the internet after this bull market, in three or four years. Of course, I will use things like, I don't know, Google Maps.

I will still use messengers, at least, to stay in touch with friends. It’s hard to disconnect from that, but I will try to completely turn off things like Instagram, YouTube, Facebook, Twitter, and so on. I will also try not to follow any politics or news. I’ll simply treat my phone as a means of communication: messengers, SMS , let's say Messenger, and possibly calls, though I don't really like talking to people on the phone.

And that's it. And we’ll see how things go then. I have a few thoughts that I would like to talk about. I have a few life conclusions that might interest someone watching at that time. I think I’ll collect a few more of them over these three years. I don't know if you can see it, but there is some green water over there. Strange. I don't think it'll be visible.

Anyway, I’ll be a YouTuber without the internet then . I will continue creating content for YouTube, but someone else will edit it and someone else will upload it for me. The next question is from Rafał’s Q& A. Is a conflict with Russia very realistic in the near future? Or is it just scaremongering? Maybe some drone will fall, perhaps. I think I already talked about this during a Q&A from Argentina, when I was hunting.

It just seems very unlikely to me, taking the statistics into account. Again, I’m not an expert on this; I’m not some geopolitics expert. I can only tell you some conclusions from the articles I read and the channels I watch, and I watch quite a few. Uh, I’m a little bit interested in it. Hmm, well, considering that right now we are, or Russia is, at a stage in this conflict where they have losses at the level of one and a half million soldiers.

If we take into account that normally a country that attacks loses two or three times more soldiers than a country that defends itself. And thanks to drone warfare, they have reached a level where—by the way, I don’t know if you’ll believe me, but behind that hill there are two lakes, so we will go uphill there and there are two hidden lakes that are at a much higher level than the Norwegian Sea.

So if we take into account now that thanks to drone warfare they have reached a level where they lose seven or eight soldiers more than the Ukrainian side. They have already lost one and a half million soldiers. Supposedly that’s not much for a country like Russia, as they say. We have a lot of people, but damn, we're at a stage where more and more people in Russia have someone who has either died or been disabled.

Disabled people also have to be supported. Additionally, their refineries are being attacked. Because those refineries are being hit, they have fuel problems, normal citizens have trouble fueling their cars, transport is slowing down, inflation is very high , and interest rates are very high. Sure. I also think many geopolitics experts don't take the Russian mentality into account, that they are capable of suffering a lot.

And they are capable of enduring a lot. However, looking at it from a logical side, from the side where Putin is, where Putin stands, it's not in his interest to attack all of NATO right now. If he isn't able to handle Ukraine, which is, which is supported by NATO, then it seems to me that he would be even less able to handle Ukraine and NATO if he were to attack them or us.

Which way do we go in? There's a parking lot here. I think it's this way. So he would be even less able to help himself. And as I said at that Q&A, you know, it's a situation like two boxers. One was supposed to be the potential winner, was supposed to win, everything was supposed to be settled very quickly. Most people gave Ukraine two or three days and figured Ukraine would lose.

Suddenly it turns out it’s not two or three days, nor even two or three years . And now if we aren't able to win as this supposed challenger or, put another way, as the supposedly better boxer in the first round, second round, third round, fourth round, then what, in the fifth round we're going to bring another opponent into the ring and try to fight two at once?

That is just very unlikely to me. Another issue is those potential false flags, false flags. Another issue is that it's in our politicians 'interest, for example, to declare martial law because they know they'll lose the election and would like to do something like in Ukraine so there wouldn't be elections. That is not in Putin's interest, in my opinion.

It is in the interest of our politicians to to scare us right here. They've already tried to scare us under PiS and under PO. Missiles fell on Poland. Immediately trumpeted as being Russian. It turned out they were Ukrainian. To this day, Ukraine hasn't apologized for killing two Polish citizens. A simple gesture. We're sorry , we were just trying to defend our country by accident.

Even NATO couldn't bring themselves to it. Uh, and similar situations happened under the PO government, where every situation is used to scare us with such a conflict in some way. However, looking at it logically from Putin's side: if he's in deep trouble at home, if he already has to take soldiers from North Korea or blacks from Africa—because you can also see on various recordings that they are fighting too—if he has losses at the level of 1.5 million people, and the conflict doesn't seem like it will end soon, so he

will lose another 30, 40, 50,000 soldiers a month , and he is at a stage where he recruits fewer than he loses, well then it is illogical to start a conflict with more countries. I also scaled this at one time in that video, that, well, to me it is completely illogical to start a conflict with anyone at all. I don't know if this greenish color will be visible now.

You can see it here. Uh , exactly. Well, looking at it from a logical side, it is illogical to me to start a conflict with anyone. It's not even about NATO in the situation that Putin is in right now. And even if he were to start a conflict, well, for example, why with NATO? Why not with Moldova? Why not with some country, well, one that is not in NATO, and whose territory he would like to take over?

Another thing, if he wanted to start with NATO, why with Poland? Why not with Lithuania, Latvia, or Estonia? We are being scared somewhere and it is said that we have a huge, if Ukraine loses, we will have a huge border with Russia. Well, let me remind you that we already have a border with Russia. Poland borders Russia, and additionally , Belarus can be treated as Russia, as that border with Russia, but even if not, well, what must Finland say in this case, which has a huge border with Russia?

Why won't he attack them, since he already has a huge border with Finland? So well, it is simply very unlikely to me that he would attack anyone. If he were to attack, why NATO, and if NATO, why Poland, and not those Baltic countries, let's say. However, it is in our politicians' interest to scare people for several reasons. The first is, of course, that people are willing to agree to more, they are willing to pay higher taxes.

They are willing to agree to that money which is being sent to Ukraine and stolen there in billions, and not even in zlotys, but in euros. Well, because a scared nation looks at what? Fine, fine, let's send them money, let them die for us better, rather than us dying. Scared people also, well, they busy their minds with something completely different.

Look at this little lake. Such a little lake. And over there we have the sea. Exactly. People who are scared also occupy their minds with something else or will do a lot just to just to have some peace of mind. uh or so that someone else uh could fight for them uh. So so so when it comes to the chance of a conflict, that's how I see it. Next question with a pair.

To keep with tradition, because the holy "When Alts" probably hasn't been said here yet. Well, I have the impression, I mean, I have the hope that in this cycle, in this bull market that is coming, I hope there will be time for altcoins. Answering purely technically, when for alts, let's try to cross over. That looks like a path, I think. Let's try.

Answering this question purely technically. Oh damn, I ran out of stones. Now is the moment of truth. Answering this question purely technically, when for alts? Alts when there are appropriate volumes, alts when uh the general public enters, when I see from my affiliate links that new people are actually joining, uh when I also see that the views add up and when I am less afraid of potential threats.

And here, to scare you a little bit, maybe I'll answer, I'll talk about the threats that I see. It may turn out that it will be time for altcoins. It may turn out that that everything will line up. Volumes, affiliate links, new people will enter, there will be the right hype, the right sentiment, the right time in the market, meaning it won't be that close to the end of this bull market according to the cycles, because that will also have to be taken into account.

It won't be, for example, the holiday period, in which there are usually pullbacks, the views will add up, everything will be okay. But, for example, we will be wondering if there is going to be a crisis, because it will be very close to that crisis. It may turn out that the States will lose, I mean the States, Trump will lose these midterm elections.

And it may turn out that some investigations into crypto will begin. There will be hearings for Donald Trump's sons, there will be some negative PR heated up around the cryptocurrency market, just like our Polish politicians are heating up negative PR around the cryptocurrency market in Poland. Trump, not winning these midterm elections for example, will not print those 5,000 dollars, which will bring us closer to a crisis.

Because printing, of course, will cause higher inflation, an even greater debasement of money. It will cause, it will cause that in the longer term it will crash, just harder. But in the short term, in the short term, in the short perspective, it will push this potential crisis away somewhere. And if everything lines up, suggesting it's time for altcoins, but for instance there’s a huge risk of a crisis, the question is: do we enter or not, or are you entering or not?

Because if a correction in the S&P were to happen, let’s say, of 20%, 18%— it doesn’t even have to be a level exceeding that 20%, meaning a recession or crisis—it could turn out that Bitcoin pulls back by 40, which could cause alts to pull back by 80. And considering that crises usually last for a dozen or so months, on average, well, it could turn out that the bull market ends according to the cycle before anything even starts to grow.

It might turn out that you’ll be left with those altcoins at minus 80%. It might turn out that, well, if it's time for alts in the middle of a bull market and there’s a year left until the end of the bull market according to the cycle, and then a crisis breaks out, the traditional stock market won't even have time to recover in that year, right? And your altcoins will be at minus 80%, and then again, you’ll have to decide whether to exit them or not.

That's tough. Some will say "I'll just leave them, maybe they’ll grow one day," which is wrong. Some will exit, buy Bitcoin, and find out they’re at minus 80%. So this bull market, I believe, will be a difficult one overall. Well, I think I’ve answered that question, both from the perspective of the future, how we’ll look at this market and what to watch out for, and from the technical side.

Next question: what would you do if not for cryptocurrencies, and do you think crypto has its golden era behind it? Will there still be an opportunity to get rich on it like before? I believe it will still be possible to get rich in the cryptocurrency market. As I said on the journalist's show, perhaps not as fast as I did. Maybe we can forget about gains of several hundred X, but there will still be opportunities to earn, and compound interest will also help, in my opinion.

Maybe RWA will appear, that is, the tokenization of assets from the real world. Generally, tokenization. And that will give us some room for development, but it also has to happen in a proper economy, without a recession or crisis. Well, right now the stock market is very overheated, everything is at an ATH. It doesn’t look good. Even the sentiment we have now indicates that these are the peaks.

However, as I’ve told you in videos a few times, right? So what if we're at record highs, if Trump comes out and says he'll print 3,000 dollars, give everyone 3,000 bucks, and push the crisis off for another year. So counting on a crisis or calculating exactly which month it will hit is just pointless. We are moving in that direction, though, it’s not looking good.

Yeah, but precisely, Trump will come out, print 3,000 dollars for everyone, and the crisis will happen a year or a year and a half later, for example. The funny thing is, I mentioned this as just a curiosity, a totally crazy option. And it turned out that Trump decided to do exactly the same thing, only not 3,000, but 5,000 dollars for every citizen if he wins the midterms.

So yeah, exactly, that’s it. So what would I have done if not for cryptocurrencies? Well, I think right now I’d be in a rut. Overall, my life would look completely different. I would have been working in a warehouse somewhere until a year ago. A year ago, I would have returned to Poland at the age of 35. Where is that stone that was sticking out a little?

I think it was this one. Okay, we made it . I would probably still be working in a warehouse, saving money, buying real estate, gold, silver; that would have gotten me closer to financial freedom too. Considering how much gold and silver have grown, I wouldn't have four rental apartments, but probably six. Taking leverage into account, I’d probably have seven or eight.

And I would have been living in Poland for a year now, and I’d probably be getting into AI right about now. I believe that is the future. You can do a lot there. I’m a bit interested in it right now, but mostly just to not fall behind. Because I don’t have that hunger for earning anymore. Yeah, I have money, I don’t have the hunger to sit there for 16 hours a day reading about AI.

I read, but just not that much. And I would say more as a hobby rather than for profit. Next question. Next question. Kenetino, something completely different. Is there any car you still want to buy, but it’s really expensive or hard to get? I saw that Zurnalista made a reel from that interview, where I talk about cars, and there was a huge storm. It all kicked off somewhere.

People commented in various ways, even funny ones lately; I’m with the guys fishing, there are 12 of us, and we were reading those comments and laughing our heads off. Like someone wrote, for example, that I’m a professional soldier in Call of Duty. We were laughing so hard about that yesterday. Or someone else wrote, but Hot Wheels don’t count. Yeah, funny.

Overall, it also showed me a little bit that I’ve achieved financial success that for most people is even unimaginable. It made me realize that it is unimaginable for the majority of people. I remember when I was in Great Britain, I was working at a warehouse, and people there would ask where I was from and so on, blah blah blah. And somewhere in those conversations, it came out that I actually have a house in Poland that I inherited from my grandparents.

People just didn't believe me. It was unimaginable for most people that a guy who has a house could be living in England. How is it even possible that a guy living in England, working at a warehouse, owns his own house? Because most people went to England to earn enough for an apartment and return to Poland, but here someone has a house and came to England to work, so they didn't believe me.

And that is the situation that I just remembered regarding these cars. Yeah, well, it’s success at a level that is unimaginable for people. Yeah, and it hit me a little bit, but overall the comments are funny and we were reading them with the guys yesterday, we were dying laughing. There were a few more funny, funny comments too. You can find that reel somewhere on Zurnalista's page.

Exactly. By the way, there's also half an hour of that interview that’s been cut out. The conversation lasted about two and a half hours. I saw later that there are over two hours of footage, but yeah, half an hour is cut. I don’t know which parts, because I have a rule that I never know the questions for interviews. I don’t want to know them, because I would feel stupid knowing the question, having prepared an answer, and then pretending in the interview, "Oh, interesting question, I wasn't expecting that," so I never

know the answers to the questions. And the second rule is that I never authorize these interviews. I am not ashamed of what I say. I know what I’m saying, I say it consciously , and I don’t need to authorize it, so they can do whatever they want with these interviews. Half an hour is cut there, but I don’t know which part. Half an hour. Anyway, questions were asked there about, "How much money do you have?", "What cars do you have?", " What watches do you have?", "How much cash do you have?"

And, well, damn, it’s not my fault that such questions are asked. If someone asks me such a question, then I answer it. There was also the question: "And what real estate do I have and where, and where outside of Poland?" And I think I cut that topic off right there. I don't know if that part is in the interview or not. Moving on. I never went there, so we'll move on a bit, because there are a few more questions.

So I cut the topic off, because, well, I know how people perceive that too. Yes. It's not like I'm talking about it because I want to; I'm just answering a question that another person asked me. But I just cut the topic off at real estate because, well, I was aware of how it would be perceived. And getting back to cars. I don't really care about cars; I'm not a motorization fan.

The fact that I have these specific cars just happened that way, that's what people advised me. If someone advises me to buy a certain car, I might buy it, even though I have no more space in the garage, in the garages. Right now I'm in the process of building two shelters to put those two work cars under a canopy somewhere. I don't have the space. But if someone tells me it's worth it for some reason, then I'll probably buy it.

But I don't have, I don't have, I don't have this thing where I dream of some car, and I also don't have time to drive them. People have to start them up for me, because it turns out it's good to start them once a week or every so often, and roll the wheels so it doesn't stay in one spot. Supposedly there are these plates you can put under them so the tires don't deform, but I don't have that, so people have to start them up.

It's a bit of a problem. Every investment has its pros and cons. It's cool to buy a painting, for example, but on the other hand, you have to take care of it. You have to make sure it doesn't get dusty, doesn't deteriorate, that light, sunlight doesn't hit it, or keep it behind some special glass. Then the sale. It's just like with NFTs. Someone has to like that one specific painting.

There are pros, there are cons. Right, it's not like you can go to any old store and hawk a painting by, say, Beksiński, Fangor, or others. Cars are the same. It's cool. However, when you take into account that you have to pay for insurance, the return on that investment is already lower. If you want to take the car for a drive, you have to take into account that the investment will lose value and so on.

Gold is cool again, but it just sits there. So watches are cool because you can wear them, but then it turns out there’s a peak for Rolexes, they drop , and after five years your investment breaks even. M It seems fine, it seems cool, but there are other risks involved. In the long run, in the case of Bitcoin. There are pros and cons to different types of investments.

Someone might say Bitcoin is at risk because a quantum computer will come or someone will turn off the power. Or someone will come along and say, "You can shove your gold where the sun don't shine, because if you have to flee the country , how much gold can you actually carry? " Or who’s going to let you across the border with it, while with Bitcoin, you can get through.

And so it goes, on and on. You can buy some cars, but someone will tell you that the army will come and take them if needed, or you just can’t take them with you. There’s really no perfect answer, but it's beautiful here, so one must. I don’t know if you see it like I do, but you can take my word for it, it’s beautiful here. However, you have to take these things into account.

I think we’ll head back, because I see 23 minutes of recording. There were a few cuts, about 25 minutes, so I’m heading back the other way and maybe I'll make it. Next question: how much? How much did it cost? Did the interview with Zurnalista cost anything? Why wasn’t it marked as sponsored? Well, the interview with Zurnalista cost me 3 hours to get there, 3 hours to get back —that's 6, plus 2 and a half hours of talking—that's 8 and...we chatted for another half hour privately afterward, so yes, it cost me about 9

hours of my time. If I were to calculate that based on my hourly rate, it cost me a lot. But you're probably slyly asking how much I paid him for it. Well, nothing. I have never in my life paid anyone for an interview. And I will never in my life pay anyone for an interview. in the other direction. And I would never in my life take money from anyone to appear on my channel.

No one has ever paid and no one will ever pay to appear on my channel, because I treat it as: if I invite someone, it means I want to talk to them or I’m doing a favor for some friends of mine. Because that’s happened a few times, they had access to me and asked me to invite someone because they wanted to come, show themselves, and so on. I won't say who it was, but I didn't take any money for it anyway.

And it works the same way in my case. I would never in my life pay anyone for an interview. First of all, because I’m not crazy enough to pay someone to ask me questions. Secondly, I don’t need the publicity. Thirdly, considering I actually try to discourage people, talking about politics and leftism on purpose, intentionally scaring people away from my channel.

For the people close to me, it makes no sense at all for me to try and promote myself. Another point is that if you go to various channels that interview people, my appearances, for some reason I don't know, get record-breaking views. In reality, the ones pulling record views are me, Mentzen, Kasia, Kasia Szewczyk, and Trader 21. If you go to those channels, click on the videos tab, and sort by most popular, we are usually at the top .

And as it happens, people invite me so that I can generate views for them and give their channel a little boost. People use me to advertise their channels, so if anyone should be paying anyone, people should be paying me to come on their show for an interview. Though I wouldn't take that money either. Even looking at the interview with Żurnalista, excluding Stanowski, my interview pulled 600,000 views, which is the best result on his channel in the last six or eight months, I think.

So, so, so that’s roughly how it looks, regarding who pays whom. Next , Crypto GC or GC? There are always lots of questions about the world and crypto, so instead, I'll just ask: Phil , how are things with you? Everything okay? Anything interesting happening besides the fish? Thanks for asking. Everything is fine with me. I’m healthy and happy. My head is all good.

I’m prepared for the coming years of investment. The bear market went quite well. During the bear market, I decided to try and break my magic 80 kg barrier for the 13th time, where something always happened—I think I had three or four surgeries along the way as soon as I hit 80 kg, injuries, and so on. I also put a lot of hard work into it to make it happen.

And I succeeded. I currently weigh 83 kg, so I’ve gained from 73 to 83. I’d like to reach 90, but I’m taking a break right now, doing a mini-cut. And that’s exactly why I have to get those steps in every day. It’s okay, it’s okay. I’m taking supplements, I’m healthy, I eat well, I travel. The summer was pretty cool, actually. Overall, everything is okay.

Everything is, I really am a happy man. such a truly, truly happy uh person. Next question from Kamil Kaczma. In my opinion, Trump watches your videos and news updates, I just don't know whether to worry or be happy about that, because that $ 3,000 check idea was yours, and Trump crashed it, he had to add a bit to yours. Well, that more, that just goes to show what a clown Trump is.

The war in Iran has ended 42 times according to him, because he mentioned it was ending 42 times. He was supposed to end the conflict in Ukraine in a single day. In reality, all he did along the way was pull crypto scams. By the way, Trump really screwed up our bull market and screwed up the bear market. It’s because of him that there was no altcoin season.

It was because of the hype he generated, because Bitcoin simply grew too hard and too fast, broke through certain levels, and needed a correction. For this reason, the correction took place exactly after crossing 100,000. Earlier, after crossing the ATH, which was 69,000, it was clear that newcomers were entering, newcomers were interested in the market .

They were given 7 months of a bear market or a bull market correction. And they lost money, they got into altcoins , they saw that Bitcoin once cost 15, now it costs 70. Well, it's too late to buy altcoins now. They bought altcoins, and then 7 months of drops, and they're down 80%. Then there was the second installment. Bitcoin grew to 100,000. Again, free advertising for the cryptocurrency market.

Bitcoin crosses 100,000. People got in, they were given a correction. Thank you. Then a slight pump and the end of the bull market. So I believe Trump screwed up our bull market and now he's screwed up the bear market. What took place. Bitcoin could have easily kept heading downwards. Uh, well, what's done is done. I spoke about this in the cryptocurrency world news, so I won't repeat myself so as not to drag out this recording.

But you know what happened, you know about those four news stories, coincidences on the same day. A pump, gains, short squeeze. Uh, and so the question is, did he shorten the bear market for us, or did this manipulation just cause it to happen once, while we still follow cyclicality, or will we have to assume that there is no cyclicality anymore. Uh, well, because it wasn't natural, you also have to acknowledge that this wasn't a natural growth, right?

It was caused by four news stories dropped on one day, coordinated, let's say, and events—news and events, that's how I should say it. So it wasn't the case that big players suddenly decided naturally to start buying, and Bitcoin slowly started to rise, as it always happened after the end of a bear market and the start of a bull market, but instead, one day, a spike, and theoretically, the bear market is over.

And now, can we assume that this is the end of Bitcoin's cyclicality? Yes, in the sense that I personally believe there is no cyclicality, in the sense that the big players, the ETFs, won't play according to it anymore because what happened has happened. I hope you understand what I'm trying to say. Yes. Can we assume that since this happened, it's the end?

They won't play along, meaning we won't behave according to the cycle. Or maybe it was a manipulation, and we will continue to follow the cycle, right? Because it wasn't natural. It wasn't that they suddenly decided naturally to start buying earlier to get ahead of everyone else. No, it was just one or two days. But in summary, Trump messed up our bull market, and if it turns out Bitcoin just keeps climbing from now on , he also messed up our bear market, right?

Because Bitcoin could have easily kept falling for four more months. It could have dropped to those levels with a five or a four at the start. Some were even talking about a three at the start. Like 38,000. And that opens up a whole host of problems in this bull market, right? The question is whether we will continue to behave according to the cycle or when to get out, when to take profits now that we've entered the market, right?

When? According to the cycle or ahead of time? From when should we count the bottom? Are we counting from July or October now? Yes. Do we treat it as a manipulation and count three years from October, or from those few weeks, or from July, since that's when the growth started? I'll have to figure it out somehow during the bull market and make sure to make safe, smart decisions to profit in this market.

Let's move on. Giorgio, how do you find your calling in life? I'm in a bit of a spot. I'm working a full-time job, and I don't know where to turn next, how to change it, but at the same time, I know I can learn a lot. In short, how do I find something like what investing in cryptocurrencies has been and is for you? I have a certain philosophy. I believe that people should try as many things as possible in their lives, broaden their horizons, and sooner or later they will stumble upon something that, uh, is right for

them, something they will enjoy. I think I’ve said this in various interviews too. I was criticized by my friends for the fact that I did some things, many things, but not one thing all the way through. Uh, I think that was actually a plus in my life. I'll explain it best with an example. I had friends who, for example , only played the keyboard their whole lives.

And it’s great that they played the keyboard their whole lives. Or another friend of mine played guitar his whole life. And it’s great that he played guitar his whole life. I had a friend who spent his entire childhood , his whole life, just training to play soccer. Great. During that time, I trained in karate, boxing, Brazilian jiu-jitsu, and I trained in MMA for a while.

I worked out at the gym, as far as sports go, let's say. I paraglided, I skateboarded, I snowboarded, I played guitar, I played piano, and now I play drums. I did a ton of different things, uh, from various fields. I was interested in many, many things. Uh, and well, I was criticized for doing this now and that then, but I believe it really broadened my horizons significantly.

Yes, even, well, I went fishing, just like I hunt now, and so on. I have things to talk about with a lot of people. How often do I go to a wedding or some gathering where there are strangers and they ask, "What do you do?" and so on. I have things to talk about with people. Someone says, " Oh, I fly light aircraft," and I'm like , "Cool, I used to paraglide."

Yeah, you can already say something, or "I play the guitar." Well, I played the guitar too. Yes. "I play in a band, I play the drums, I train at the gym." Well, I trained at the gym too, or I train now, or martial arts. I just have things to talk about with many people, and those friends of mine—the one who trained for soccer isn't a professional player because his knees gave out.

The one who played guitar isn't in a band, he's just a good amateur guitarist at home. And the one who played keyboard plays at weddings. Okay, that's fine. Yeah, maybe I'm not criticizing that, like, I'm not criticizing it, just that nothing really came of it, except for the one who maybe earns money on weekends playing keyboards at weddings, the others don't make a living from it, and one is an invalid.

I’m not criticizing that; everyone has their own path and should do what they want. But, you know, who ended up better off because of it? I wouldn’t want to be the kind of person—and I never wanted to be that person—who says, "My whole life I just played chess, that’s all I ever did, and I can only talk about chess because I’ve done nothing else. " I haven't traveled, I have no experience, I have nothing.

I played chess. I didn’t want to be that person. I wanted to try as many things as possible, because trying a lot of things broadens your horizons and helps us grow as humans, helps our brain. And . I think it brings us closer to that one thing that will suddenly click one day and we’ll say, "This is what I want to do in life." I’ve mentally divided it into different categories, like artistry or music, and those are separate things.

Why? Because, well, by artistry I mean things like sculpting, painting, poetry, for example—that kind of stuff. That’s what artistry is to me. And music, even though it is a form of art, I treat it separately, because here we have to find an instrument, or sports. Now, what kind of sport? Right, ball sports, motorsports, combat sports, and so on. You can break it down.

Knowledge, what kind of knowledge—you can also seek knowledge in fields that require brainpower. And I believe that in these categories—I even wrote them down once—well, there are more than just music, art, sports, and knowledge. You need to try things within these categories, and as a parent, I believe we should encourage our children to try as many things as possible.

And as a parent, and the child as well, will see what they are better at, what they like or don’t like, and I wouldn’t force it, like "You tried ballet, so now you have to do ballet for three years, right?" Because it might turn out it’s not ballet, but maybe, I don’t know, modern dance? Or maybe not dance at all, but acrobatics, since it was close.

Uh, and I think parents, when they sign a kid up for one sport, they push them or want to teach them never to quit. That’s cool, I get that. But that doesn’t broaden horizons. I believe we should just do something, it doesn’t matter what, and it’s okay to change. That’s my philosophy, you don't have to agree with it. Uh, well, if we start early enough and do enough things, we will find that one thing.

And a simple example when it comes to me. I was forced by my grandparents to play the piano. I played piano for maybe three or four years. A teacher would come to my house every Wednesday to teach me how to play. I hated it because I listened to rock, had long hair, rode a skateboard, and had to play. "Hey, Falcons.""A Girl Went to the Woods.""Play for me, beautiful gypsy."

And that kind of crap, so I didn't like it, although I was good at it, I must admit. And so, I dropped that and started playing the guitar. It turned out that even though I listened to rock, I was hopeless at playing the guitar. Um, I played guitar for years. Without a teacher anymore. I taught myself how to play the guitar. But somehow it didn't go well for me.

Those , those, those hands, those fingers. I just couldn't press the chords down properly. Something was always wrong. Uh, it never sounded right and many, many years passed. I have now started playing the drums. I think I’m doing very well. Moreover, I think that if I had tried this as a kid, maybe today I’d be a very good, famous drummer. I just feel this instrument like, I don't know, like I was a drummer in a past life.

No, I can't really judge that. So , what am I getting at? I'm getting at the fact that it’s the same category, like music, but it turns out that even if we try music, we might have picked the wrong instrument, and I could have been a hopeless guitarist, an average pianist, but an awesome drummer, right? And that's the point, to try different things; just because you tried something, for example music, doesn't mean you're hopeless, because maybe you picked the wrong instrument.

And if you tried sports, it doesn't mean you're a hopeless athlete. Maybe it's not the right sport, maybe you're not a fan of team sports, or maybe it's the other way around. It’s a team sport, and by trying enough things from different fields, you’ll eventually find your fit. You’ll eventually find it. And in my case, it turned out that the category that fit me best was knowledge combined with psychology, because that’s what I was interested in.

And, well, I am good at knowledge. Psychology, investments, economics, these types, these types of things. And finally, I found it, but I found it because I had an open mind, because I wasn't afraid to try something new, because, well, I was used to experiencing life, yes, and being interested in various things. Just don't limit yourself to one thing, thinking that if you started playing the piano at seven, you have to play the piano until the day you die, and that's it.

So, there isn't one simple piece of advice I could give you, like you have to take a test and get some kind of result; it’s simply trial and error. And to be honest, it might turn out that it's too late. Yes, it might turn out that you would have been a great athlete, but now you're 30 or 25, and that's a shame. I believe that everyone is born with some talent.

Everyone, everyone just doesn't discover it. Doesn't discover it. And they don't discover it because people don't try things. People don't try different things, don't try to experience anything, they do nothing, collect nothing, have no hobby, no passion. And it's sad, but I have many friends like that. I have many friends who do nothing, nothing. Throughout their lives, they collected nothing, played nothing, didn't do any sports, nothing, absolutely nothing.

And so, how is someone like that supposed to find what they're good at? Well, they won't, because they aren't looking. They just won't find it because they aren't looking. Another quick question. I have a question, do you stake your stablecoins? No, I don't stake my stablecoins. I keep them on a Ledger, but without staking. It stems from my nature, I guess.

A bit of a slacker, a bit lazy, I just don't really care. Uh, but that has saved my ass in the cryptocurrency market many times. I believe that hyperactivity in the cryptocurrency market is very bad. That desire to maximize profits, like "let me throw something onto some platform," is also very bad; it causes people to get into alts, deposit onto some major platform that later gets hacked, or someone decides not to use a centralized exchange because it's too expensive and uses MetaMask or something, and suddenly it

turns out their account gets hacked and they have nothing left after years, so, yeah... exactly, they shouldn't do that. Next question. Oh wow, Nob from Truck ETH. I’d be happy to ask one or two questions. I’m just watching your interview with the journalist. You said that most of your life decisions were good, that you were lucky, and that you looked toward the future.

How is your political page on Facebook doing? My first question is: What would you do now to make money, looking ahead, putting yourself in the shoes of an average-income person? Uhh, the first thing is grinding hard, working at least two jobs, living on the bare minimum, and saving as much as possible , because you'll need that money sooner or later once you find that "something" you're meant to do.

I recently read— actually, a while ago, maybe a year ago —the book "Die With Zero." It’s cool. It’s very cool for people who have already made money, who are millionaires. It gave me a lot of interesting insights that helped me, like the way a millionaire calculates: "Well, if I need 30 or 40,000 PLN a month to live and I want to plan for every 10 years, then I need this much money for the rest of my life."

And those people don't spend money, or they just hoard a certain pool of it. But it turns out that at age 70 or 80, we might not actually need 30 or 40,000 PLN a month to live, because it might turn out that Netflix or PlayStation 9 or 10 is enough for us. Then we'll have an apartment on the ground floor because our knees will hurt, and we'll just want our grandkids to visit, right ?

And we won't be traveling, we won't be skydiving or paragliding or fishing all over the world. We won't care; we might not even have the energy for it. The book gave me a lot of interesting things like that—that was just one example—but there was also the claim that you should party and go wild in your 20s. I completely disagree with that. If I had spent my 20s partying, I wouldn't have gotten into the crypto market.

I would have missed a huge opportunity. I would have started saving money only at age 30, which was 6 years ago. 6 years ago, I wouldn't have made money in crypto, nor would I have had that hunger, that drive that a 20-year-old has. And I completely disagree with that. So, if I were you, I would first grind hard, save money, and keep searching, keep searching, and keep searching, just as I mentioned in my previous response.

And that's it. Personally, I would get interested in artificial intelligence right now. I think it's the new crypto. And cryptocurrencies, too, because they still offer a chance to earn, or if not earn, at least they’ll preserve your purchasing power. Second question. How did you handle the situation where Bitcoin keeps rising? Were you prepared to keep holding it?

Because I have, I had this approach that I wanted to get rich quickly. That’s what ruins me. I’m trying to change my approach a bit, but unfortunately, it’s not easy . Maybe you could give me some advice. I once recorded a video about that. It’s called "Poverty Mindset." I recommend watching it. If you type " Konieczny Poverty Mindset" into YouTube , it will likely pop up and you'll find it.

In it, I talk about the approach, about why the long term lets you earn more than getting worked up and trying to make money quickly in the short term . That’s the first thing. The second thing, how I dealt with it—well, this won't be some super professional or coaching-style answer, it won't be the answer you might want, because I’ve always been the type for whom money didn't make much of an impression.

I never treated it like, I don't know, some people do, like "I must have money , I must earn," I didn't give it energy , I didn't give it that focus, I don't know how to describe it, and it just didn't impress me. Besides, I was investing from the other side. I had excess money that I wanted to invest so it wouldn't lose its purchasing power. So, in a way, contrary to appearances, I didn't want to get rich on the cryptocurrency market or through gold.

I just didn't want to lose to inflation if I kept that money in a bank account. Because I was earning enough in the UK, I was saving enough. I didn't suffer from a lack of money. M And because of that, I didn't make any stupid moves. No, no, no, I didn't trade with leverage, I didn't get into any shitty projects. You know, if I set a goal for myself that I just didn't want to lose to inflation, then everything above that was a surprise and a super nice result for me.

Right? But if someone sets a goal to make 100x, they won't be satisfied with 50x or 30x, they will be disappointed. So those expectations are greater than what is realistic to generate. So for me, it worked completely the other way around. My expectations were low, and the returns were huge. And since I didn't need that money, I didn't withdraw it. And that’s just how it turned out.

And I don't intend to apologize to anyone for that. That’s just how it turned out in my life. Yeah. And that's it. And someone wise can draw their own conclusions from this if they want to. If someone needs some comfort, they can say I just got lucky. Eh, if that’s how you need to explain it to yourself, well, you can. Eh, I’m glad that I can help and ease your suffering in some form or another.

So, yeah, that’s how it looked. So first, work on your fundamentals, work on that, because mathematically and historically , I can prove to you that playing with compound interest is better than trying to catch some altcoin and making money fast, or playing with leverage in a market that is totally impossible to predict. What’s more, here’s a final thought: we can make money over three cycles in the cryptocurrency market in 12 years using compound interest.

And even if you made 5x because you followed me in that bull market, let's say 3x in this one, and 2x in the next, with compound interest that’s already several dozen x’s, right? That’s several dozen times more money than if you hadn't invested at all. That is still way more than anything else can earn you. Yeah, and sure. And you can try to make 50 or 100x in three years, or two, or over two cycles.

But the question is, will you be able to live with the thought— because that time will pass anyway, those 12 years will pass. Will you be able to live with the thought that the time has passed? You’re 12 years older, you could have had this much money today, maybe an apartment with no mortgage, maybe a second one for rent, depending on how much you put in, because you can add more at the bottom of each cycle, so it would actually be even more X's.

I’m telling you about the initial deposit, and now you have nothing, you have. You have neither the money, nor the time, because it was wasted, and you didn't earn anything. Time has passed. Will you be able to live with that thought? No, I wouldn't be able to. That’s my mindset, which is why I played it safe. Next, the next question. Oliver, what is the chance that we fall into an eight-year bear market for Bitcoin caused by a crisis in the international market?

How do you currently feel about the geopolitical situation? I get the impression that we are hanging by a thread. Well, I also have the impression that we are hanging by a thread. I’ve already talked about this, but what does it matter if we’re hanging by a thread if Trump comes out, prints 5,000 dollars, and we somehow pull through another year or a year and a half?

It’s impossible to predict. And I mentioned this at the beginning of today's recording as well. Due to the many external threats facing the cryptocurrency market, my strategy now is to try and enter the market with the 50%I currently have sitting on the sidelines, while mentally preparing for the fact that if something happens—if there's a crash, a recession, or if Bitcoin drops another 30, 40, 50%during the bull market—the more the better —I will simply take money from the real world and buy more Bitcoin.

That is the smartest thing you can do. If someone has been following me and applying my strategy, they entered the crypto market four years ago, made a 5x return, cashed out half, and still hold the other half in Bitcoin, which will keep going up if the growth continues. And that's it. But on the other hand, they have been working somewhere for those four years, right?

Because we are assuming this is a person who wants to build wealth, right? Answering this question, or someone who is not yet financially free, right? Four years have passed since I entered at the bottom of the previous bear market. That's four years of work, four years of saving. These are some savings from the real world. So, by entering with the 50%I pulled out, I am using capital that was already in the market.

I'm not adding extra funds, and I'm keeping them aside for the possibility of such a crisis. If I see that despite the cyclicality—let's say during a phase that should be bullish—Bitcoin drops 30, 40, or 50%for me, then I will add more. I will simply treat it as an opportunity. Exactly, because I believe in Bitcoin in the long term. Based on the things I discussed in today's recording, that is simply the smartest thing you can do.

I don't think we can come up with anything smarter, because we can't predict when this crisis will happen, or if it will happen at all. It would be in our interest for it to happen now, today, so we could buy Bitcoin at a huge discount and it would be awesome. But what if it happens in a year or two? That is also a separate issue. Observer of the thread.

What is the best way to explain to Mr. Marek Jakubiak that Bitcoin exists, is a real asset, and where its value comes from? You know, I don't think there's any point in explaining it to him or people like him. What scares me more is that this is a politician, a member of parliament, someone who decides for us, and who isn't afraid to spout nonsense about topics he has no clue about as a representative.

The question now is: how would he vote, for instance, on the cryptocurrency market if he has no concept of it? So, it's ridiculous and pathetic that people completely don't understand this and yet still speak out on these topics. However, Mr. Marek Jakubiak has had more of his stupid thoughts, such as the "bachelor tax" on those without children, which is another stupid thing.

I mean, what are people who can't have children supposed to say? Are they supposed to pay the tax too? Will we now have to show officials a certificate that I'm infertile just to avoid paying the tax, so the bureaucrats will know I'm infertile just so I don't have to pay the tax on not having children? Now, does Mrs. Mariola at the office have to know I'm infertile because I don't want to pay the "bachelor tax," or do I have to pay it even though I'm infertile?

Yes. Why should anyone tell me whether I should have children or not? Maybe you should create the right conditions for people to have children instead? So yeah, he's had more of his stupid thoughts, which is why I'm not surprised by what he said about the crypto market. It's just that such people exist, and other morons elect them. Proud Sarmatian. For those who don't know what this is about.

Let me remind you here, Mr. Marek Jakubiak stated that Bitcoin doesn't exist, so how can you invest in something that doesn't exist? Yes. Well. YouTube doesn't physically exist either, so in fact, you are watching this content on a YouTube that doesn't exist. Mr. Jakubiak's money, which is in his bank account, is the same kind of digital record as Bitcoin.

So, that doesn't exist either. Windows doesn't exist, because it's the same kind of program as Bitcoin, so it doesn't exist either. Microsoft doesn't exist, computer games don't exist, and today's music doesn't exist either. I mean, it's just some MP4 or we listen to it on the internet. So that doesn't exist either, obviously . No, this music isn't real.

Total idiocy. Proud Sarmatian. What to do if I lost everything I had on leverage? How do I fix my mentality? Well, let's go back to the "Poverty Mentality" video. And if that helps, you should sit down with yourself and consider whether this market is even for you, or whether investing is for you at all, because maybe you're just a gambler, maybe you're just a regular gambler.

I believe many gamblers in the crypto market lie to themselves, claiming they're here to profit, when they’re actually here for the thrill. They want the excitement. Their hands get itchy. They can't keep their hands to themselves. They don't want to make money. They say they want to profit, but really they're here for the rush; they have to make moves.

If they aren't juggling alts, they feel they aren't investing. It's not my job to cure them , nor is it my job to convert them. Well, everyone here is an adult. If you want to blow your money, you're free to blow it. Furthermore, thanks to these people, the smart ones profit, so they are actually quite necessary. To answer your question: either get over the poverty mindset and understand safe play—what I do with compound interest , taking small bites, without reading tea leaves or predicting the future, because nobody

knows squat. Or, own up to the fact that you’re a gambler, let it go, and accept that this path isn't for you. Because maybe this isn't for you. Or just keep throwing your money away and handing your capital to others. And the next question from Michal. Do you still have a passion for this market? You said you get obsessive when you do something. Does that mania still exist, or if you've burned out a bit, don't you feel less cunning, alert , or sharp in sensing the momentum that "satisfied" people might miss?

Yes and no. Am I burned out? I wouldn't say I'm burned out. By the way, this is the last question. I wouldn't say I'm burned out. But do I still have that mania I once had? No, because I don't sit in the crypto market for 12 to 15 hours a day like I used to. At the same time, I believe I don't have to. Does that mean I won't detect some momentum? Actually, that kind of momentum-chasing is exactly why people lose.

People wanted to be smarter than they are and kept diving into altcoins. People wanted to be smarter and trade with leverage at the bottom, thinking it*has *to crash. People wanted to be smarter and stayed in alts from the last bull run, still living for a supercycle and the previous boom. There are many such examples. And yet, I’ve been making money all along, precisely because I am capable of sleeping through certain momentum trends.

Because my strategy is to play smart and safe, and I’d rather miss an opportunity than lose my own money. I would rather not make money than lose it. Many investors don't understand that it's better not to earn anything and have zero, the same state I had, than to get in and lose all your money. I think I played that bull market pretty well. It was very hard not to get into altcoins and not give in to that pressure.

I somehow managed it, so so so that also shows that that that it's probably not too bad. Listen, that would be it for now. I won't stretch this video out, as it's already long enough. We had a little excursion, I answered the questions. That's it. Thank you for listening. Until next time. Best regards. Bye. Ah.