Clarifying Crypto

There are two ways to invest in Bitcoin, losing your mind trying to time the market (this is my personal opinion) or slow, steady, and much more relaxing with dollar-cost averaging.

After attempting to do the first one and failing miserably, I went for dollar-cost averaging and finally learned to relax.

Swan Bitcoin was set-up to set it and forget it, and we had the honor of chatting with the founder, Cory Klippsten.

In this episode, we chatted all things Swan and jumping into the long game of Bitcoin investing. We also got the inside scoop on what's to come for this amazing company and the various features they will be rolling out this year and next!

If you're interested in signing up, use my link to get $10 free: https://www.swanbitcoin.com/Erin Gregor

Also, other items mentioned in this episode:

What Bitcoin Did: https://www.whatbitcoindid.com/

'The Bitcoin Standard' Book

Grab A Free Copy of the Book 'Inventing Bitcoin'

Swan Signal Podcast: https://www.swanbitcoin.com/signal/

Bitcoin TV: https://www.youtube.com/watch?v=Hv3NTan7_Jc&feature=youtu.be

Swan Lounge Podcast: https://www.youtube.com/playlist?list=PLoB1eZWSVHVaCgLY1BA2Hvbu_fXeq0CZn

Interested in getting your feet wet in Crypto?

Download the Chrome Extension Lolli to get money back on some of your favorite purchases. Get $10 in Bitcoin when you use this link: https://lolli.com/ref/su72Kpnsem

Get the Fold App to receive Satoshi's (a type of Bitcoin) for gift card purchases from some frequently used brands (Starbucks, Amazon, Target, etc. Use this link to receive 5,000 Satoshis after your first purchase. https://use.foldapp.com/r/gTcqtrPk

Ready to start Investing?

I use Coinbase for Bitcoin purchases. Use these links for $10 at Coinbase.

Coinbase: https://www.coinbase.com/join/smith_2o5

I also always have the Cash App on my phone to purchase Bitcoin quickly. Use this link for $10 when you sign up. https://cash.app/app/XKJSRQB

I also use Swan Bitcoin (yes, I invest with all 3). Swan is the perfect way to do a set it and forget it dollar cost averaging investing. Use my link for free money on your account. 

https://www.swanbitcoin.com/Erin Gregor

We're combining the love of Bitcoin and free money and sharing another one of our favorite plug-ins and soon to be apps of Lolli!

Lolli is a way for you to get free Bitcoin by making purchases on all of your favorite things from retail to grocery to travel! I've been using Lolli for over a year now, and I can say it's truly legit!

Thank you to Aubrey Strobel for joining us on this episode as we discussed what you need to know about the future of Lolli, how to best use it, and what we can expect from the app in the near future!

Mentioned in this episode

Lolli - (Use my link for $10 in free Bitcoin when you sign up --> https://www.lolli.com/ref/su72Kpnsem

Lolli on Twitter: https://twitter.com/trylolli

Lolli Deals on Twitter: https://twitter.com/LolliDeals

Lolli TV: https://www.youtube.com/channel/UCTOhuGn16EPxmRnuZUR-JUw

Aubrey on Twitter: https://twitter.com/aubreystrobel

Interested in getting your feet wet in Crypto?

Download the Chrome Extension Lolli to get money back on some of your favorite purchases. Get $10 in Bitcoin when you use this link: https://lolli.com/ref/su72Kpnsem

Get the Fold App to receive Satoshi's (a type of Bitcoin) for gift card purchases from some frequently used brands (Starbucks, Amazon, Target, etc. Use this link to receive 20,000 Satoshis after your first purchase. https://use.foldapp.com/r/gTcqtrPk

Ready to start Investing?

I use Coinbase for Bitcoin purchases. Use these links for $10 at Coinbase.

Coinbase: https://www.coinbase.com/join/smith_2o5

I also always have the Cash App on my phone to purchase Bitcoin quickly. Use this link for $10 when you sign up. https://cash.app/app/XKJSRQB

I also use Swan Bitcoin (yes, I invest with all 3). Swan is the perfect way to do a set it and forget it dollar cost averaging investing. Use my link for free money on your account. 

https://www.swanbitcoin.com/Erin Gregor

If you've listened to any other episode of Clarifying Crypto, you know Gary and I both love Bitcoin and a close second behind that is the Fold App! This is the perfect app for those who are looking to get their feet wet in Bitcoin, in addition to those who love Bitcoin and are looking to accumulate more any way they can.

We were honored to have Fold's Founder, Will Reeves on our show this week to discuss the app. We talked about what has happened in the year that they've launched, the evolution of the app (and why it's exciting you can still earn FREE money). We also talked about the highly anticipated debit card that is arriving any day now.

I can tell you, we've been learning about what's coming down the pipeline with this card, and it is going to be an AH-MAZING rewards card! Plus what's on the horizon for 2021 for this company.

Things listed in this show:

Link to the Fold App - and get 20,000 Satoshi's when you sign up: https://use.foldapp.com/r/gTcqtrPk

The Telegram App (Or maybe I'm the only one who had never heard of this one, but just in case): https://telegram.org/

Interested in getting your feet wet in Crypto?

Download the Chrome Extension Lolli to get money back on some of your favorite purchases. Get $10 in Bitcoin when you use this link: https://lolli.com/ref/su72Kpnsem

Get the Fold App to receive Satoshi's (a type of Bitcoin) for gift card purchases from some frequently used brands (Starbucks, Amazon, etc. Use this link to receive 20,000 Satoshis after your first purchase. https://use.foldapp.com/r/gTcqtrPk

Ready to start Investing?

I use Coinbase for Bitcoin purchases. Use these links for $10 at Coinbase.

Coinbase: https://www.coinbase.com/join/smith_2o5

I also always have the Cash App on my phone to purchase Bitcoin quickly. Use this link for $10 when you sign up. https://cash.app/app/XKJSRQB

I also use Swan Bitcoin (yes, I invest with all 3). Swan is the perfect way to do a set it and forget it dollar cost averaging investing. Use my link for free money on your account. 

https://www.swanbitcoin.com/Erin Gregor

Gary and I were honored to have @MsHodl, aka Justine join us on this episode of Clarifying Crypto. Justine is a force on Bitcoin Twitter, and is someone very open about sharing her journey into Bitcoin.

We talked about the tipping point that made Justine finally decide to jump in, the learning curve of Bitcoin, building nodes, and so much more in this episode.

Hopefully, this makes you realize that it’s time to finally jump in, if you’ve been sitting on the sidelines because all three of us are fully in this without a technical background.

Things mentioned in this episode:

Adam Curry - No Agenda Show: https://www.noagendashow.net/

The Cold Card Wallet: https://coldcardwallet.com/

Swan Bitcoin: https://www.swanbitcoin.com/Erin%20Gregor/

Hive Blog: https://hive.blog/

Interested in getting your feet wet in Crypto?

Download the Chrome Extension Lolli to get money back on some of your favorite purchases. Get $10 in Bitcoin when you use this link: https://lolli.com/ref/su72Kpnsem

Get the Fold App to receive Satoshi's (a type of Bitcoin) for gift card purchases from some frequently used brands (Starbucks, Amazon, Target, etc. Use this link to receive 20,000 Satoshis after your first purchase. https://use.foldapp.com/r/gTcqtrPk

Ready to start Investing?

I use Coinbase for Bitcoin purchases. Use these links for $10 at Coinbase.

Coinbase: https://www.coinbase.com/join/smith_2o5

I also always have the Cash App on my phone to purchase Bitcoin quickly. Use this link for $10 when you sign up. https://cash.app/app/XKJSRQB

I also use Swan Bitcoin (yes, I invest with all 3). Swan is the perfect way to do a set it and forget it dollar cost averaging investing. Use my link for free money on your account. 

https://www.swanbitcoin.com/Erin Gregor

In this episode:

BitBlockBoom - held in August 2020 in Dallas, TX was a great conference focused on the Bitcoin Maximalist and featured speakers from all over the world. Gary is the founder and organizer of this event, and he talked about some of the ins and outs of putting on a successful event in the middle of the pandemic.

And as great as all of the speakers were, the truly great part of the event was being able to connect with other Bitcoiners at the various dinners, brunches, and other networking events.

Some of the talks that I loved during the event:

Multisig wallets - Why you need to consider them, and the important facts to know about them for the future - Will Cole - https://twitter.com/willcole

Robert Breedlove’s discussion about Masters and Slaves of Money —> https://twitter.com/Breedlove22

Gradually, then Suddenly (the demise of the US Dollar) - Parker Lewis - https://twitter.com/parkeralewis

Jeff Vandrew’s - An overview of US Taxation of Bitcoin - Jeff is also the guy who helps with setting up IRA’s with Bitcoin. (see below for info)

If you missed the sessions and want to learn more about Bitcoin - here are the talks from the 2020 event: https://bitblockboom.com/bbb-2020-2/

Mentions in this podcast:

Rabit Hole Recap Podcast —> https://podcasts.apple.com/us/podcast/rabbit-hole-recap-week-of-2020-10-12/id1292381204?i=1000495014595

Shamory Game —> https://shamory.com/

Jimmy Song - The Little Bitcoin Book —> https://www.amazon.com/Little-Bitcoin-Book-Matters-Finances/

BitBlockBoom - Event - BitblockBoom.com

Strike App —> https://strike.acinq.co/

Guy Swan —>  https://twitter.com/TheCryptoconomy

Roth IRA’s —> https://keykeeperira.com/blog/

Michael Saylor investing in Bitcoin —> https://www.coindesk.com/microstrategy-ceo-michael-saylor-bitcoin

Recorded in April of 2020, we discussed how Bitcoin is showing to be on pace to simulate the huge increases we say back in 2017, which was a year after the last halving. Approximately every four years the number of Bitcoin miners are rewarded, divides in half.

The last one was 2016, and we saw one in May 2020. So could it possibly see increases as big as 2000% (it's happened twice before). So buckle up because between the economy situation 2020 has created plus the halving, we might riding a pretty crazy roller coaster!

Interested in getting your feet wet in Crypto?

Download the Chrome Extension Lolli to get money back on some of your favorite purchases. Get $10 in Bitcoin when you use this link: https://lolli.com/ref/su72Kpnsem

Get the Fold App to receive Satoshi's (a type of Bitcoin) for gift card purchases from some frequently used brands (Starbucks, Amazon, Target, etc. Use this link to receive 20,000 Satoshis after your first purchase. https://use.foldapp.com/r/gTcqtrPk

Ready to start Investing?

I use Coinbase for Bitcoin purchases. Use these links for $10 at Coinbase.

Coinbase: https://www.coinbase.com/join/smith_2o5

I also always have the Cash App on my phone to purchase Bitcoin quickly. Use this link for $10 when you sign up. https://cash.app/app/XKJSRQB

I also use Swan Bitcoin (yes, I invest with all 3). Swan is the perfect way to do a set it and forget it dollar cost averaging investing. Use my link for free money on your account. https://www.swanbitcoin.com/Erin Gregor

Want to Join BitBlockBoom in August?

Head over to BitBlockBoom.com and use the code COUSINS for 30% off!

Recorded in April of 2020, we discuss life in quarantine, and what this will mean for Bitcoin in the future. Plus we talk about why reading and studying crypto can only get you so far.

You can truly find a case for any stance you take on cryptocurrencies. Love them? You'll find lots of articles to support your stance. Hate them and think it's magic money, you'll find those articles too. At some point you have to make your own decision and go with your gut on whether or not to invest in this high-risk investment.

Interested in getting your feet wet in Crypto?

Download the Chrome Extension Lolli to get money back on some of your favorite purchases. Get $10 in Bitcoin when you use this link: https://lolli.com/ref/su72Kpnsem

Get the Fold App to receive Satoshi's (a type of Bitcoin) for gift card purchases from some frequently used brands (Starbucks, Amazon, Target, etc. Use this link to receive 20,000 Satoshis after your first purchase. https://use.foldapp.com/r/gTcqtrPk

Ready to start Investing?

I use Coinbase for Bitcoin purchases. Use these links for $10 at Coinbase.

Coinbase: https://www.coinbase.com/join/smith_2o5

Want to Join BitBlockBoom in August?

Head over to BitBlockBoom.com and use the code COUSINS for 30% off!

Recording in March 2020, we breakdown the fall of the stock market, the printing of lots of fed money, interest rates hovering at zero, and what this actually means for Bitcoin. Even though Bitcoin fell with the stocks, what will the rise of this cryptocurrency be? 

Gary and I break all this down because this, exactly, is why Bitcoin was developed. It's as if the stage was specifically designed for this type of currency. 

Interested in getting your feet wet in Crypto?

Download the Chrome Extension Lolli to get money back on some of your favorite purchases. Get $10 in Bitcoin when you use this link: https://lolli.com/ref/su72Kpnsem

Get the Fold App to receive Satoshi's (a type of Bitcoin) for gift card purchases from some frequently used brands (Starbucks, Amazon, Target, etc. Use this link to receive 20,000 Satoshis after your first purchase. https://use.foldapp.com/r/gTcqtrPk

Ready to start Investing?

I use Coinbase for Bitcoin purchases. Use these links for $10 at Coinbase.

Coinbase: https://www.coinbase.com/join/smith_2o5

Want to Join BitBlockBoom in August?

Head over to BitBlockBoom.com and use the code COUSINS for 30% off!

Here's the official Episode Breakdown:

Erin Gregor: All right welcome to another episode of clarifying crypto. I'm Erin Gregor here with my co-host, Gary Leland, Gary. Welcome.

Gary Leland: All right. Howdy. Howdy. Glad to be back. Glad to be here, talking more, lots of stuff happening.

Erin Gregor: We're recording this March, I guess 26 is what it is. We are in the middle of quarantine still.

The stimulus package has just been announced and approved.  Things went up a bit today, but I still don't trust anything. Bitcoin is up. We just hit 6,700 as we're recording this. So that's good to see. but Gary, tell me, tell me your thoughts through all this. Cause I know a lot of people are really excited to get their checks.

From pretend money,

Gary Leland: I'll take a check. I mean, you know, you could always my Bitcoin, you could always buy Bitcoin with it. I don't know if I'm going to get a check though, because you have to make  $150K. I don't think I'm ready to get a check up.

Erin Gregor: You could get a check. It just may not be as much. Okay.

Gary Leland: And I don't have any kids. My kids are gone. So I kind of weird on the, like for instance, I'm just going to go through some examples here.  My daughter's a nurse she's getting overtime right now. Is she going to get a check? I don't mind if she gets a check, but will she get a check? She's not losing any money.

Erin Gregor: She will get a check. Cause it's based on last year's earnings, as far as I'm concerned.

Gary Leland: And then my son in law. And daughter are in the he's in the Air Force and she's staying home. His pay hasn't been cut at all. So is he getting a check and is she getting a check? I mean, their pay hadn't been cut one bit.

Erin Gregor: I don't think this is about pay cut. I think this is about giving people cash to stimulate the economy. So it doesn't matter if you got a pay cut.

Gary Leland: I think it's

This episode was recorded in March 2020 when the market crashed after states started announcing shut-downs over COVID-19.

It's an interesting time. We saw the stock market crash, and even saw Bitcoin fall to $3800. Many got scared and sold, while others found it an opportunity to pick up investments at a discount?

The age-old investing advice has always held true, sell high and buy low.

What type of investor are you? Did you see this as an opportunity or a time to run? Gary and I talked about stance, and how we reacted to the start of this extremely wild roller coaster.

Interested in getting your feet wet in Crypto?

Download the Chrome Extension Lolli to get money back on some of your favorite purchases. Get $10 in Bitcoin when you use this link: https://lolli.com/ref/su72Kpnsem

Get the Fold App to receive Satoshi's (a type of Bitcoin) for gift card purchases from some frequently used brands (Starbucks, Amazon, Target, etc. Use this link to receive 20,000 Satoshis after your first purchase. https://use.foldapp.com/r/gTcqtrPk

Ready to start Investing?

I use Coinbase for Bitcoin purchases. Use these links for $10 at Coinbase.

Coinbase: https://www.coinbase.com/join/smith_2o5

Want to Join BitBlockBoom in August?

Head over to BitBlockBoom.com and use the code COUSINS for 30% off!

Here is the full episode breakdown:

BloodBath

Erin Gregor: Welcome. We've got an interesting episode of Clarifying Crypto. I'm Erin Gregor. I'm with my cohost Gary Leland, Gary. Welcome. We're in the middle of the blood bath. 

Gary Leland: The blood bath is right. It's a strange and trying times. There's a lot, a lot of weird wild, wacky, crazy weird stuff going on. There's a lot of weird stuff.

Erin Gregor: So we're recording this on March 17th, Happy St. Patrick's day. Uh, even though we're all sitting inside quarantine. 

Gary Leland: So, no, I don't know if you're having any green beer. We're not at our house. You know, my father died on st Patrick's day. So I really, it's not a time to celebrate. It's been 15 years, but it's just, it's kind of weird, you know, wish he hadn't died on a holiday, which isn't bad at all, but especially on a holiday.

Cause I used to go out and get drunk on green beer, everything. 

Erin Gregor: Yeah, well, sorry about that. But, uh, anyway, it's been an issue, like we said, it's been an interesting week. So the question is we were talking about it before we hit record, but we have been going go down, go down to 3,800. Were you able to buy at the 3,800?

Gary Leland: No, I wasn't. I was buying on the way down when it got to 30, I don't know I was using the Cash App, which you talked about quite a bit last week. And when it got to 3,800, I said, well, I'm just going to go ahead and buy a Bitcoin. And I went to buy and it told me I had reached my limit for the day already.

So I can buy at the low for the day. I think the last time I bought anyways, it's 4,200, but at 38, I said, this is it. It's not going to be any cheaper than this. I'm just going to go ahead and get it over with. And I was right. That was the low basically. How did you know it's not going to get any cheaper cause I've been reading.

Erin Gregor:  it's just interesting....

When you begin buying Cryptocurrency, you may come into a bit of sticker shock when you start seeing the fees that are charged. However, the fees are not all the same.

In this episode, we discuss the main website to purchase cryptocurrency, and what kind of fees each charge.

Interested in getting your feet wet in Crypto?

Download the Chrome Extension Lolli to get money back on some of your favorite purchases. Get $10 in Bitcoin when you use this link: https://lolli.com/ref/su72Kpnsem

Get the Fold App to receive Satoshi's (a type of Bitcoin) for gift card purchases from some frequently used brands (Starbucks, Amazon, Target, etc. Use this link to receive 20,000 Satoshis after your first purchase. https://use.foldapp.com/r/gTcqtrPk

Ready to start Investing?

I use Coinbase for Bitcoin purchases. Use these links for $10 at Coinbase.

Coinbase: https://www.coinbase.com/join/smith_2o5

Want to Join BitBlockBoom in August?

Head over to BitBlockBoom.com and use the code COUSINS for 30% off!

Full Episode Transcription

Erin Gregor: Alright, so welcome back to another episode of Clarifying Crypto. I'm Erin Gregor. I'm here with my cohost, Gary Leland. Gary, welcome. Yeah, so it's good to be back. And I've got an official announcement. We are finally officially up. Well, everything's been sent, I don't know where exactly we're all up yet, but by the time this goes live.

The website is live, we're up on all the major places now. So finally got the wallet set up. So if anybody wants to donate, they can go onto the site clarifyingcrypto.com and go do that. So we are. We are finally official, official, official. It took me a little bit longer than it typically does, but, had to build a website, had to get a wallet, had to do all kinds of stuff.

Gary Leland: So, we are official and I'm excited to see, what you've done. Yeah. Make sure right now this is going to be fixed by the time this goes live, but you gotta type in www.clarifyingcrypto.com. I'll get all the non www done. Yes. So, but yeah, so we're official and we are recording this. It's been an interesting week.

Erin Gregor: You and I have talked, we were pre talking before hitting record. So today is March, I guess, 12 we're in the huge downfall of the, the free fall of the stock market, which has also shown a free fall of Bitcoin prices. As we're recording this right now, it's at $5,800. I know we're talking about, you know, picking some up and buying some again, we are not financial.

Investors or advisors. So don't listen to us, do your own research before you decide what you're going to do, but, tell me your thoughts on this whole crash. Like we're watching Bitcoin fall or watching the stock market fall. Kind of where we were. Have you been sitting in all of this and how are you doing well?

Gary Leland: You know, I'm just little said. I just thought we just, my wife and I just did put like seven grand each and two for one or two IRAs, like a week before this happened. You, I wish we waited till now. I mean, we've seen a good bit of that gone, but you know, I'm just kind of riding it out and in the stock market, I mean, you know, I feel like everything comes back sooner or later.

I don't think this is the end of the world. And I think there's some great values out there. I'd probably if I was buying it, but I'm...