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Stephan Livera Podcast

SLP281 Cory Klippsten - Bitcoin Is For Everyone, Swan Bitcoin $1B run rate, Bitcoiner Ventures, Elon’s mistakes

Jun 2, 2021
Cory Klippsten, CEO of Swan Bitcoin, discusses various topics including teaching newcoiners, growing the auto-stacking movement, Bitcoin Ventures, and Elon Musk's mistakes.
57:32

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Auto stacking and dollar cost averaging are crucial in Bitcoin investing to accumulate steadily and take advantage of bear market opportunities.
  • Bitcoin education and adoption efforts aim to counter exclusivity narratives and showcase the global adoption of the cryptocurrency.

Deep dives

The Importance of Auto Stacking and Dollar Cost Averaging

One of the main points discussed in the podcast is the significance of auto stacking and dollar cost averaging in Bitcoin investing. The speaker emphasizes that it is crucial to have an automatic recurring purchase plan during both bull and bear markets. This approach allows individuals to accumulate Bitcoin steadily and take advantage of bear market opportunities. Auto stacking is described as a bear market product that is designed to match fiat inflows and facilitate regular Bitcoin purchases. The strategy of starting with a lump sum investment and then setting up automatic recurring purchases is recommended for new coiners to minimize their regret and uncertainty.

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