Join Bitcoin University Premium: https://www.bitcoinuniversity.com In this video, I discuss the importance of market cap as a way of measuring a cryptocurrency's adoption and success. What is the single best metric for measuring cryptocurrency success/adoption over time? Is it the number of devs working on your project? Hint: Ethereum had a huge unethical premine that it can use to hire lots of devs to help keep modifying the base layer and hard-forking it into non-existence. Nope, it's market cap (on real volume). Low volume creates a fake market cap: you could print up a trillion tokens and sell just one of them to a friend for $1 to get a $1 trillion market cap for your cryptocurrency. Bitcoin has been and remains the most successful cryptocurrency over the years as measured by market cap. The larger an asset's market cap, the more that large investors can participate. If your market cap is only $1 billion and I have $100 million to allocate, I cannot play the game. The more that large investors can participate, the higher the market cap goes. It's a virtuous circle on the way up (BTC), and a vicious circle on the way down (BCH) We're now at a market cap with Bitcoin where it finally makes sense for a huge player like BlackRock to get involved. BlackRock's involvement will enable family offices, endowments, and corporations to follow in MicroStrategy's footsteps and easily add BTC to their balance sheets. It's going to be ETF BTC, and not sovereign BTC, but that's OK because it still increases adoption and market cap. You and I can continue to hold BTC and never let BlackRock get their hands on it. The next step up in the adoption curve is: nation-states and central banks adding BTC to their balance sheets. Bitcoin's purchasing power continues to increase not just against traditional assets, but also against all other cryptocurrencies. Hoping that your crypto doesn't appreciate against other assets so that people won't notice you is the sign of a loser mentality. Not investment advice! Consult a financial advisor. Top crypto by market cap: https://coinmarketcap.com/ Most successful companies measured by market cap: https://www.slickcharts.com/sp500 2017 crypto snapshot: https://coinmarketcap.com/historical/20171217/ 2014 crypto snapshot: https://coinmarketcap.com/historical/20140126/ FinCEN proposed regulation: https://www.fincen.gov/news/news-releases/fincen-proposes-new-regulation-enhance-transparency-convertible-virtual-currency https://www.fincen.gov/sites/default/files/federal_register_notices/2023-10-19/FinCEN_311MixingNPRM_FINAL.pdf Imagine, everything there is and everything that will ever be, divided by 21 million: https://twitter.com/knutsvanholm/status/1316976860111265793 I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #Bitcoin #crypto Disclaimer Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky. ... https://www.youtube.com/watch?v=TTfj9M4hBMU

If you know nothing about options, please watch these two videos first: https://www.youtube.com/watch?v=eOZ4-bGHXow https://www.youtube.com/watch?v=KDdLn2ku_xc In this video, I discuss how to sell cash-secured puts to generate income, using SNAP as an example. If the stock is above your put strike price at expiration, you get to keep the premium and don't need to do anything else. If the stock is below your put strike price at expiration, you will be forced to buy the stock at the put's strike price. But then you can turn around and immediately sell at-the-money calls against your stock to generate even more income. When doing cash-secured puts, it is very important to make sure that you have enough cash in your account before selling any puts (# of puts times strike price times 100 will give you the dollar amount). Not investment advice! Consult a financial adviser. SNAP options quotes: https://finance.yahoo.com/quote/SNAP/options?p=SNAP Matthew Kratter is the author of the Amazon best-seller "A Beginner's Guide to the Stock Market": https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5 If you like my teaching style and would like to learn more about investing and trading stocks, options, and futures, be sure to check out my online courses here: https://www.trader.university/join Use this secret coupon code to get a discount: YT99 #PutOptions #OptionsTrading Disclaimer Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisers, registered investment advisers, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading. ... https://www.youtube.com/watch?v=FuY3nBqdxrk