BORING Crypto Strategies Will Make You WEALTHY! with Ben Simpson

A conversational YouTube interview (hosts: Pav Hundal, Greg Oakford) with Ben Simpson about crypto investing strategy and behaviour. Key themes: bitcoin viewed as a distinct, long-term asset (digital gold) driven by macro liquidity and ETF/retirement flows; altcoins as a separate, higher-risk class where outperformance relative to bitcoin early in a cycle predicts continued outperformance; practical sell and profit-taking guidance (plan, use stablecoins, tax-aware exits, redeploy at retracement); and behavioural lessons on euphoria, dopamine and execution during bull markets. The video includes personal anecdotes (Ben buying his parents a house with crypto gains) and tactical recommendations for busy, long-term investors (simple portfolios, dollar-cost averaging, high-conviction positions in larger-cap assets).
Chapters
There's no point in holding an altcoin if it's not outperforming bitcoin. We actually find that those tokens that outperform bitcoin in the first half of the cycle usually continue to outperform. Those that don't outperform bitcoin continue to underperform. You can write as many price targets down as you want. You can write down these complicated algorithms of exactly what point you're going to get out at the end of the day, unless you actually sell, it's your own head that you're competing with. What happens to your brain in a bull market? With the euphoria and dopamine that hits when your portfolio is going up 10, 20, 50, 100% in weeks, sometimes days, it becomes nearly impossible to actually sell.
Hey guys, welcome to this week's episode of the Tapping of the Crypto Podcast, but a special one. Got three of us now. Good. Ziz, get to my right. Greg recently just joined us here at SwiftX, but known as Australia's NFT expert. Mate, it's good to have you make your maiden appearance for us. Usually we get you on the show, but this is good.
Yeah. I don't know about Australia's biggest expert.
But, well, that's what you read on your cv.
Certainly replacing Ted today, who is not tapping into crypto but rather tapping into Europe. So, yeah, look forward to you coming back, Ted.
Yep, absolutely. And we've got Ben. It's been on the show, not shy at all, friend of the show, founder of Collective Shift, great education platform which you hear more about very, very shortly, but welcome.
Thanks for having me back, boys. Well, you, pav. Nice to be. Now the other host, Ted, not being here. So great.
Yes, lovely to see you again, Ben.
We've been on other podcasts, we've hosted one another.
So I was going to say off the camera. You guys have spent the weekend together if I'm not mistaken.
So yeah, we were at the footy last night.
Not sick of each other yet.
I'm glad we're starting at 11:30.
Well, I did want to ask Ben the hardest hitting question straight off the bat, but you're a Brisbane Lions fan, Ben Swift X. Good sponsors of the Lions. Yes, we're at the game last night. Your girlfriend, Laura, big Hawks fan. Are you still in a relationship after last night?
So we, we stayed at the hotel last night. Let's just say I wasn't sleeping in the bed. I was. I was on the floor last night. So no, I may have taken a Little bit too far off the game, but just letting you know. But yeah, I think I've still got a girlfriend.
We've all been there, love it.
Footy finals is approaching. Nrl, afl.
Yeah, game on.
Let's get into it.
But what's more important to get into, like we've obviously seen the markets do some interesting thing these last few weeks. We want to make this one super, super relevant. I think heading into the back end of this year. You know, as much as we want to make it through the footy season and see the lines come up on top, we also want to make it through out of this crypto cycle. So I think this is a very fitting opportunity with some level, steady heads of some older heads I would say, which is probably the key takeaway. Seen some blood, seen some green. The survival guide for the rest of 2026 into, you know, what could be the, you know, the start of the end. Because I think we all probably on the same page when things start getting a bit fr, the end comes a bit faster than what people expect. So I think it's quite timely to maybe just, you know, as much as we don't have a crystal ball, we don't know exactly what's going to happen. Let's just, let's just throw out some scenarios out there and just have a conversation. I feel like it's a, it's a good time because who knows what's going to happen next in the short term. But I feel like we've all got like on the same page that we're starting to think about things a little bit differently. Ben, I'd love to hear what you've got, you're sharing with, with your crew and your, your subscribers. But yeah, that's, that's it. We're just going to walk through everyone, what we're doing right now, so make sure you hang around for this one. Probably will listen to this one once or twice. You might take something different away each time. So I think let's just dive in. I think the one thing we've like sort of anecdotally said on the show with a couple of guests is four year cycles, right? Everyone's sort of like baked into their sort of brain, hey, four year cycle. Four year cycle. Four year cycle. So Ben, your lead analyst Matt posted a nice little one on Twitter or X the other day saying that we're approaching a thousand days since the bitcoin cycle low of late 2022. So historically that 1000 day it has been circa the top in previous cycles. So that kind of puts us up. Yeah, what are we about 60 odd days away from that potential milestone kicking just to kick it off there, guys, what do we think about that as an idea?
Yeah, I think the four year cycle is a good narrative, but I don't think there's been enough data to really confirm that that's going to be here forever. You know, in our opinion, like it's been consistent with global liquidity and a range of different other factors that have made the four year cycle kind of pretty accurate. And maybe going back two years ago, we all believed in that, hoping that we would kick start the bull market again. But now being in it, like I really do see bitcoin and altcoins as two separate asset classes now. That's kind of how we teach it. It's like bitcoin is now being seen as an actual asset, like genuine asset class ETF volume, you know, companies, institutions, you know, governments now buying it and accumulating on the balance sheet, you know, and it's, it's genuinely lined up with global liquidity. And if that continues to increase over the next two, three years with, with Trump in the helm, we're going to, we've got the big beautiful bill that's been passed like they're going into $2 trillion of debt every year. I don't see a world where that doesn't continue to help risk on assets. So we are of the belief that the four year cycle is most likely not going to be accurate moving forward. Does that mean there's not going to be a bear market? Absolutely not. Like yes, we do believe there'll be a bear market but there's a lot of different narratives. We're looking into narratives and data that say well maybe bitcoin has a pullback of 30, 40% but then it keeps ripping higher based on money trying to find a. And you know, I've never been more bullish on bitcoin. I'm sure we'll get into it very soon but like I'm accumulating, I don't really care about the price short term, I really don't. Like I bought, you know, we're continuing to buy with that sort of long term, 5, 10 year time horizon. Altcoins, different story and happy to share our sort of strategy around that. But yeah, no, at the end of the day for us it's about, you know, you know, lowering interest rates, global liquidity increasing and money trying to find a home. And where does it go? Well, you know, bitcoin is a beautiful Asset that a lot of people still don't understand. And I think that's where the growth is still going to come from.
That's a good shout, I think. Yeah. Just the idea that is this new. I think we'd all agree like the ETFs has done one thing really well. It's like the next wave of adoption's really kicked off and like you said, there's a whole bunch of. I think we've seen those whale stories, right, of like people selling billions and billions of dollars. But at the same time, as much as people might be worried about the whales exiting, there's new whales coming in, like you're saying, right. So like it's kind of like a net, it sort of fixes itself up, right?
Totally. And even with, you know, Trump writing the, I think it was an executive order around the, the retirement funds in the US right now allowing crypto and bitcoin to be bought in retirement funds. Like that's a $12 trillion, you know, asset class essentially, or you know, you know, a pool of funds that is automatic buying. And I think once that starts to be understood that there is like, you know, even in Australia, right, with superannuation, 11% now consistently is added to the superannuation fund and that's got to find a home. 11% of everyone's salary in the country goes into a pool. Capital that's got to buy something and in Australia pretty much goes into property and there's not enough property to buy and banking stocks or gold stocks and it's why property continues to go up because there's supply and demand economics and there's a shitload of money trying to find a home and there's not that many homes. Same thing with bitcoin. There's unlimited supply, there's a shitload of capital in retirement funds looking to find a home. And as you get that repeat sort of buying action and demand on a limited supply asset that a lot of people don't understand, there is that, that sort of thinking that goes, fuck, where, where can this thing end up?
Yeah, no, that's gets a mind ticking over, doesn't it?
Yeah.
I must say, like hearing Ben's thoughts, yours, Pavs and then you know Zenica, who we announced as a swiftx ambassador last week, I saw him discuss, you know, maybe he thinks maybe this four year cycle is not necessarily going to play out like previous and osf, who you know, we referenced on Twitter before, who's a fantastic follow founder of Wrecked Guy and WR brand Coin. But the fact that he went out before last week and said, you know, I basically am a non believer in the four year cycle. I am starting to have those, you know, to take the contrarian take. Well, I don't know why it's a contrarian take given that we, you know, we still sort of are in four year cycles potentially. But the meme of this time it's different is coming to mind when I, when I hear you guys talk about that, right. Like we may be at that point where we don't see the volatility or the violence that we saw in 2022 with you know, Terra Luna 3 Celsius and then capped off by FTX at the end of the year. There doesn't seem to be those sort of like catalyst events that have happened yet. But I do worry about maybe we're all starting to psyop ourselves into saying this time it's different. That's sort of probably my take when I start to hear about the non believers. But you know, some very, very intelligent people that are, that are on the record saying this now.
So yeah, I kind of like take your side a bit more, Greg, just because I think it's human nature, right? We go through like, yeah, people always say like the one I like at the moment is people don't think there'll be an old season. And my response to that is like, do you think people stop being greedy?
Totally, yeah.
I'm like, no. So it's going to happen. But you got to remember like old season has never been a case of all, all ships rise. If you actually look back to last cycle, there's lots of things that were pumping in 2017, 2016 that didn't pump in 2021. I think that'll be the same thing that we see coming up soon as well. Just to sort of. But, but yeah, I kind of agree. Like it's. If everyone's saying the same thing, you got to, you got to start questioning things.
Well, it's that saying of like, you know, narrative. Narrative is price or price equals narrative. And to your point, Greg, like, I agree, like I think from the four year cycle, if we look at what that is, what if we think about every time we lead into a halving event, there's that, there's that narrative that comes up. Oh, there's a halving. Oh, what does that mean? Well, supply decreases and people start talking about it, which usually creases, you know, excitement. Same with altcoin season. Why does altcoin season happen? Well, it's euphoria. It's greed, it's people getting excited. So. But I think the market dynamics change, which makes every bull market different, but also the same in a weird way. Like you still get euphoria, you get greed, you get prices that go uncontrollably higher extremely fast. However, this time versus previous bull market and the next bull market will always be different in different ways. And for me, this cycle is different in a sense of just from the sheer volume of supply of tokens to a point. Pav. Like, yeah, not everything is going to pump. And we've done a lot of data and research into previous cycles to look at, well, what is the between those tokens that perform and don't. And we actually find that those tokens that outperform bitcoin in the first half of the cycle usually continue to outperform. Those that don't outperform bitcoin continue to also underperform. So a lot of people try and when there's assets that pump.
And when they join the market or try and find what to buy into, they look at things that haven't pumped. But by our research, it's actually, that's the wrong way of thinking. It's actually finding those assets that are performing well continue to actually perform well.
I remember that so vividly. Like, I think about accident infinity. Last cycle, like it was at $8 and I was looking, I was like, oh, just wait, 16. I was like, oh, just wait, 20 bucks. Oh no, it's too overjoyed. Yeah, like two weeks later, that 100 bucks, totally infinity.
And then if you go right back to like 20, the 2017, 20, 21 cycle, like Synthetics, AAVE, you know, Uniswap, those tokens were the same, right? But then last cycle, you know, Solana, same thing. So finding those assets that continue to perform well and outperform bitcoin, that's kind of what we're looking at. There's no point, in my opinion, holding an altcoin if it's not outperform. Well, it's no point holding it. It's not outperforming bitcoin unless you've got conviction that it's under valued at the moment and it will come back. And that's. That's the only.
But again, like you sort of say to, you've got a plan there, right? Like, you're not going to drop it at a hat because it's not moving. It's that meme of that guy with the stick poking at it. But let's just take a minute to also just maybe recap on like last cycle, you know what, what sort of stands out in your mind was like very toppy in terms of things that was happening around you at that, at that moment that you like.
Yeah.
Looking back, it was probably a top.
Yeah. So if we go back like the 20, 21 top in particular, that's where I sold. It's actually where I made the most returns I have in crypto. And I round tripped the first cycle back in 2017. And the biggest lessons I had was around executing my sell plan. And I say this a lot. And in our group when we sort of helping people with their exit plan, you can write as many price targets down as you want. You can write down, you know, it's complicated algorithms of exactly what point you're going to get out at the end of the day, unless you actually sell, it's your own head that you're competing with.
Oh, big time.
Yeah. And Travis is head of growth, is a executive coach. He's been working with me for a long time, performance coach. And we've done a lot of work and we sort of educate. A big part of our education program now is like what happens to your brain in a bull market with the euphoria and dopamine that hits when your portfolio is going up 10, 20, 50, 100% in weeks, sometimes days, is that it becomes nearly impossible to actually sell. A good analogy is like going to the casino. When you're winning on the roulette table and you're winning and win and winning, it's very hard to just take your profits and leave. What a lot of people do.
Can I go to the casino with you?
Because it never happens to me, I wouldn't recommend.
No, don't go with me. It's very hard to. Right. And because it's the fear of loss, the fear of loss far outweighs the feeling of gains. You know, psychologically it's actually a loss. A hundred dollar loss will feel far more painful than the upside of a hundred dollar win. So the idea of losing is very hard. Which means when the bull market's pumping, like trying to take profits feels like a loss because you're feeling out of potential gains. But what actually happens is you don't sell and then you round trip. So yeah, to your point though, like those triggers for me, the way I is purely around sentiment. Like we use a lot of like on chain data, you know, fundamental data. But at the end of the day it's sentiment. And I remember at the peak of the metaverse era, it was fucking chaos. It was like, you know, people were screaming for these things to take over the world. And like the market cap, it was, yeah, we're in the tens of billions. And I remember just like once, like just loading up, like, I know it was decentraland or, you know, I don't know what it was the time and looking into it and going, this is rubbish. Like, this is actually dog shit. Like, no one is using this. And it was worth. I can't remember the markups at the time. And I just remember and thinking to myself, this is, this is like, this is it. This is peak euphoria and peak, peak, you know, craziness. And I definitely didn't time the top by any stretch. And you know, we try and ladder out because it's very, very hard, if not next to impossible, to sell the absolute top. Usually some of these coins are in the top five, 10% for days. Meme coins, it's hours. So it's impossible to sell the top. You look back and go, oh yeah, I knew that. You know, easy hindsight.
So maybe an observation and a question back to Ben around sort of, you know, selling on the way up. But if we think about alts again, and obviously I was heavily involved in NFTs in that last bull run and most of my sort of crypto friends that weren't really believers of NFTs or just, you know, were happy to sit on the sidelines. You know, you hear them talk about. And even just then, Ben like talking about sort of November 21, December 21, when I think bitcoin and ethereum sort of topped. But it was actually about six more months of mania of urine NFTs and, and, and some alts as well. The most up only period for NFTs was basically from January to the end of April 2022, topping out the other side, mint. So that was for those that don't know, that was basically Yuga Labs Metaverse play. That is a game that's still sort of in progress. You know, three years, three years on. But you know, a week later, Terra Luna happened after that other side Mint. And you know, you probably remember hearing people paying 2 ETH for a gas fee, me included, just to get these invisible fake parcels of land. But there was a mania period after bitcoin and Ethereum topped in the last cycle. So that's sort of one observation that obviously everyone's sort of worried about. Like bitcoin, when's it going to top or when's Ethereum going to top? But things can stay pretty maniac or pretty crazy for periods, extended periods after that. The question I had for you Ben, how do you personally think about and how do you think about educating members of like okay, I've just made you know, some good money on Sui or Hype or whatever, but what are you actually going to rotate into? Are you taking profits? Or like how do you actually think about what is the next step after quote unquote taking profits? Like what are you rotating into?
Yeah, really good question. So the clients we work with are long term investors. So you know, by no stretch we work with traders or like short term, you know, speculative investors. So for a long term investor, particularly if you're busy, we try and keep it super simple. So start with what is the goal? So I'll sit down with someone and go, what, like what are you even crypto for? Right. Some of our clients have a bunch of property and they're selling down to diversify. Some of them have large businesses with a heap of cash and they're just wanting to invest. Some of them have 500k in crypto and have no idea what they're doing. Like I need some help or they're round tripped and I usually start with the end goal. It's like well what are you, you know, why are you in this asset class? For me, I'm using Bitcoin to grow my wealth and you know, I use Bitcoin to preserve it as well. So I've got my long term strategy where I want to stack as much bitcoin as possible and that's my digital gold strategy. My, my altcoins is to essentially try and buy more Bitcoin using altcoins to leverage a, a, a bull market. Not by actually leveraging but using altcoins. Now my sell strategy, I've taken a couple of profits already. Thanks for listening Syrup by the way guys. Finally got on board. Appreciate it. So, so syrup has been a huge winner for me. Something that I put out, you know, for free for a long time around a defi project that did a thousand percent since I got in, in the middle of the cycle. When I have an altcoin that does that well, I'm taking profits no matter where the market's at because it's done a 10x. I'm like, this is now a large percentage of my portfolio. What I did with that is my broader strategy is to start accumulating property. So I actually sold that down and I just, I'm buying mum and dad a house at the moment which is really cool. So the outlier for selling at the top of the cycle is to what I say to people is to achieve the things you want to do in life. Like, there's no point just making all this money on paper in crypto unless you actually take profits and do something with it. So if you're going to get into crypto, figure out what you're in crypto for and what you want to do with the money. So it might be, you know, paying off debt, it might be, you know, we help some people, like start a business or like, you know, get the kids set up at school. Like, whatever it might be. Right. Once you understand that, it can make it a lot easier to take profits. Now, once you've got those other things sorted for me, when it comes to the top of the cycle, it most likely will just go into stable coins because you've got to pay tax on that. And waiting to see if it's a good time to buy bitcoin or if we're actually at a cycle top. Like, I'm not going to pile everything out of the cycle top for bitcoin. Local tops don't really care. It'll most likely go on a stables, help me diversify into other assets and then redeploy into the next cycle when we have a bigger retracement. I might be half and half, though, because again, I don't really care. I think bitcoin's going to the hundreds of thousands, so I might be redeploy some and keep the rest. But the big mistake I see people make, there's two, one is they sell into another asset and get taxed and then that new asset goes down. Or they do the hard thing. They put into stables, put in their bank and then they get FOMO because they haven't picked the absolute top and they go, fuck, I'm too early. Then they buy back in and then they're actually buying at the top and then it goes down. So they've got a tax bill on the way out and now they're holding an asset that's recently peaked on the way down. So, yeah, when you take profits, you need to have a plan.
This might not be as much of a crypto question, but Ben touched on something in that answer there, Pav, that I think I want to push on a little bit because I think it's a very, very cool story. And you know, one of Ben's colleagues, Bergs, we give him a bit of crap for using his bunk bed story with his brother growing up that we've heard a lot, but it's a. It's a true story. And Ben just talked about buying his mum and dad a house. You sit here as, what, 26, still 26 year old, and you just said that you bought your mum and dad a house. Like you're a guy that's always the next thing, the next thing, the next thing. Have you actually had a chance to step back and go, holy shit, I set out to do this and I'm basically on the verge or I've just done it. Like, how does it make you feel?
Yeah, it's still going through the bank. So once I signed the papers, it might feel a bit more real. My parents, they gave me so much when I was younger. We didn't grow up with a lot. I won't say the actual quote for quote that you just mentioned, perks. But, yeah, I grew up in Tassie, but they always supported me and they always gave me as much as they could. Gave us every opportunity. They still rent to this day. And I always wanted to give them back and say thank you and that was my way of doing it. But it's, yeah, it's pretty cool to be able to do it, to be honest. And looking forward to them having their own house and us going down there and Christmas and spending the family and the family's so important to me and I definitely wouldn't be here without them. So, yeah, it's pretty cool. And it's always been my goal, to be honest, to tick it off. So to answer your question, no, I haven't. And when I do it, I reckon it'll be the next thing after that. But, yeah, I'm keen to.
We're getting back on after.
Any real estate agents that want to sponsor the show.
But back over to you, Pav.
I think this is a double bow question, but I know you recently did a YouTube video about, you know, if you were to rebuild a portfolio from scratch, what you would do. But I think let's also throw that into the, you know, the idea of, like, we're probably. I don't know if you are. I'm definitely seeing it like family and friends that have been on the sidelines or like skeptics coming back around now that bitcoin's at all time highs, each has made an all time high. You know, what's advice? Not advice, but, you know, if you were in their shoes, what would I guess, what would we be doing right now?
Totally. Yeah. And I'm having this conversation every day. It's probably the same as you guys, right? It's a typical conversation because you know that usually when people that aren't interested in crypto only come in when we're topping out. So I always start with education. And I'm actually hosting a little investor night for my girlfriend and her girlfriends soon that are starting to try to think about investing. And the way I'm thinking about doing that presentation is starting with money and inflation and why asset prices go up, but your salary essentially won't ever catch the rate of assets. And the idea of investing into something with your cash to try and offset, you know, where the world actually goes in terms of asset prices. Property right now for so many people is just completely out of the question, which is so, so hard to think about. I'm very grateful to be where I am, but I know my friends, my family, you know, a lot of people have no hope, right? Because it's just so expensive. So for me it starts with educating people. Yeah, inflation, money. And then I think the bitcoin conversation comes in and I think it's understanding that it's boring and it's accumulating over a long period of time and it's just automating. I think the big thing that helped me because I'm an all or nothing guy and the idea of just putting in like 10% of my salary every week just sounds so boring. However, honestly, it's the only way I was able to grow over time. For two years back in and within the 2018, 2019 period, for a lot of those two years I was using get paid in bitcoin and every dollar I had was going into bitcoin that I could afford. And everyone sees the overnight success. But no, I was actually like been doing this for nine years trying to buy and accumulate as much as I can. And yes, there's cycle tops and cycle bottoms, but I think with education you also have your friends buy during the bear periods. Because usually what I find happens is they get excited in the tops, it goes down and now they stop buying. That's the time to be buying. So I think with the education piece it's like, okay, set this up. Put aside whatever percentage of your salary that you can afford to accumulate assets, and maybe that's a split of bitcoin and an etf, right? So you're not going all in on volatility because maybe some people get scared with that. But the only way to get ahead is assets. If you do not have assets, you're screwed. Because if you, if you Rent, you know, use your post tax dollars for your rent. You're getting paid and paying a heap of money to the, to the tax office and you're essentially just relying on your salary, which will never be able to escape, you know, the quote unquote rat race. And it's sad, but it's accumulation, it's automation and it's, it's being patient, in my opinion. And bitcoin, whether it's my sister, my brother, my parents, it's bitcoin.
And it is still a bit scary because you don't want to be the guy that's getting your family into something then and then. And you'd be wrong. And that's why I don't go too much outside of bitcoin. Although people think bitcoin's boring. It's like, no, Bitcoin's up 100% in the last 12 months. What are you talking about? Where else are you getting 100%? Go buy an ETF and get 7% then, or put in the bank and get 2% if you're lucky. If you're lucky, Bitcoin's boring. And then what happens is they buy into altcoins thinking that we're going to make more. And essentially what happens is they buy at the top, that goes down 70% and then they're back in square one again. It's just people get very greedy.
Yep. That's why they ask. Right. Because they're like, I'm missing out.
Correct. But what happens, I find, with people that aren't as educated is they put the reliance on you. They want you pav. To make the decision for them. So that way, if, if, if it's wrong, it's your fault. And I am a big believer that you need to own your shit. You need to learn this yourself. That's how I got you. I didn't know it. I quit school, I left and then study finance. Like, I figured this shit out on my own. And I think that's the only way you have the conviction to ride through volatility. Otherwise you rely on someone else to do the decision for you and it goes down. And now you're panicked because you don't know what you're doing. And then that's the whole, like, you.
Know, calls or influences, like everyone's just happy to say, oh, but this guy on TikTok said it's, yeah, yeah. The same way they tell you that putting onions under your feet will cure your cold.
You know, it's ridiculous.
Right?
And then when you're wrong. And then you want to go, you know, sue them. It's like, what are you, like, have some responsibility for yourself and learn. Load up ChatGPT and start asking your questions.
Well, you've got no excuse with that.
Like, honestly, like to start, you know, and you're going to make mistakes and you're going to fumble around and there's so much free education online. You guys have the podcast. Like, there's so much free education. It's. There's no excuse, in my opinion, to not start learning.
Yep. Yeah, well said.
I want to ask Ben. We often hear obviously about the success stories, but Ben's pretty open with his content generally around sort of mistakes as well. What would to this point you mentioned you've been in it for nine years. What would be your biggest mistake you've made in crypto in those nine years?
Oh, I made so many. I think when I first started listening to the wrong people, I got sucked into this YouTuber that was telling. I can't remember his theory at the time, but I essentially nearly sold half my bitcoin at like, I don't know what it was, 5,000, $6,000 because he had this theory was going down to 80 and I really bought into it. Completely wrong. Went hard on altcoins and didn't have the patience early on, you know, synthetics. I've told this story, you know, publicly it was, it was before synthetics was Haven bought a lot of that and then it didn't do much for a long, you know, a long time. Wasn't really a cross. I bought too many altcoins and then just sold it off and then renamed to synthetics and did like a gazillion X, I hate to look at it, you know, and sold everything, you know, round trip, first cycle. So that, that was difficult. But I think at the end of the day, my experiences and where I share my experiences on what's helped me as a long term investor that's busy is keep it simple. Don't go down the chain and have 20, 30, 50 coins. Like I think I've got 8 stack majority Bitcoin. Don't try and trade mini cycles or like swing trade. Again, if you're a busy long term investor, people think they can figure out this like, oh, like this, you know, the RSI goes to here and then there's this like the Bollinger band. It's like, yeah, cool. It can give you trends, but it's not a blueprint. Trump says something tomorrow and we could be down 30% none of it matters. Like you've just got to have a simple strategy, accumulate good assets. For now, where I'm at, where I'm investing large amounts of money, you know my, my meme coin exposure, like my high risk is 1%. Everything else is in large caps. I don't even touch the smaller stuff anymore. I think a lot of people try and do this like spray and pray approach where they like buy a bunch of stuff hoping one of them will really outperform. It's very hard to now find the 5, 10, 15 Xs in crypto.
Way harder than what it used to be.
Way harder. And if you're gonna actually make decent money, you've gotta go into those positions with size. But what I see a lot of people do is they might throw a little bit into a lot and now you've just got a bunch of shit that isn't really do anything. So I'm now going in with size into larger caps. That's where I'm making my returns and just keeping it simple. And that's, that's the hard thing for people to do because they want to chase the carrot.
Should we get into some rapid fires?
I think so.
Let's go. All right, where's our prepare prepared questions here? I thought these were quite good. All right, Ben, in couple of words or less, I'll start with this one. BTC below or above 250k USD by the time we see a cycle top this cycle.
Cool.
Below.
No, I like that ethosol. Which one comes out top dog?
Eth.
Will you run another marathon if.
You see my big toe right now? Absolutely not. No chance.
What's a sleeper altcoin you're looking at right now? Personally.
Sleeper altcoin?
I don't know if it's a sleeper, but I think hype. Hype is going to be a big winner. It has been a pretty decent winner already, but it's sort of cooled off. I think it's a bit of a sleeper this cycle as well.
Yeah, I like that one.
Bit of a bias question coming from me here, but by 2030, would you prefer to own one full Bitcoin or one crypto punk?
Yeah, one Bitcoin.
Okay, I'm just going to say for.
The listeners, loaded question.
I stay well clear with NFTs now, but Greg, tell me why I'm wrong.
Yeah, well, we've got, as we sit here in sort of late August, we've got cryptopunks at about a 58th floor or about 240,000 USD. So almost double a full bitcoin right now. I just want to go on record for when Ted gets back in this seat. Ted was at an event, I think the second day I started and I asked him the same question and the ratio was 1.1. So in about six weeks we've gone to 2 to 1 on.
So for those playing at home, sorry, the BTC Punk chart. Yeah, it could be very wrong there. We'll see. Let's catch up in 2030, see where we're at.
Make JPEGs great again.
All right. And this one's a bit of a double barrel one, but if the market tanks in three months from now, what do you do? And then if the market tanks 12 months from now, what do you do?
So if the market tanks in three months.
I'm still sitting on a large amount of cash. I always say to people, try and have some cash on the sidelines to give you that flexibility. So definitely accumulating more, especially in this cycle of Trump. I would say if we dump in the next three months, it's something to do with something macro, but I still have belief that Trump's going to pull us through. So I'd be buying more. If we dump in the next 12 months, that's probably far higher probability that it was a cycle top. And I'll be waiting to accumulate again at the bottom. And hopefully I've taken good profits just before that.
Nice. Very good.
Well, I think that's. That's it. Thank you so much for joining us today, Ben, but before PAV wraps us up officially, tell us, where do we find you? I mean, your head pops up on a lot of the social platforms, but if people want to learn more, where should they head?
Yeah, so I've been doing a lot more YouTube content at the moment, so if you like, like 20 minute, like little analysis videos, just search Ben Simpson on YouTube. Ben and Bergs, we do a little podcast. If you like the podcast content, we're over there. Otherwise, yeah, check out our website. We do a lot of free, free content there as well. So thanks for having me, boys.
Nice, mate. Thanks for.










