Make Money While You Sleep
If you listened to me, you made money last night! My YouTube Channel was started to help people better themselves emotionally, physically, and financially… this video focuses on the financial part. #MakeMoneyInYourSleep
Sam Ridgeway emphasizes the power of smart investments, particularly in cryptocurrency like Bitcoin. He shared his strategy of setting automatic sell and buy orders, which allowed him to profit when Bitcoin hit $28,000. By reinvesting the earnings and the principal amount when the price drops, one can compound their money. Ridgeway advocates for automating the investment process, noting that this approach can yield better returns than traditional savings or money market accounts. He reiterates his mission to enhance people’s lives in various aspects, including financial well-being, and stresses that with astute financial decisions, one can live a more luxurious life.
[00:00:00.000] – Sam Ridgeway
When you have money, it’s like you’re living in the VIP lounge of life. It’s there for the taking if you’re smart about it. Last night this morning, who knows, Bitcoin went above $28,000. If you follow me for financial advice, that is our mark. That is where we sell it. I had an automated sell order in place. It sold it at $28,000, and I have the money sitting there. What am I going to do? I’m going to go back and put in a limit order at $26,000, 25,999, just right around in that area. I’m going to buy it again when Bitcoin comes back down because it probably will. In my sleep last night, I made a few thousand dollars. That’s how rich people get richer. That’s what I’m trying to say. Now, you might not have the money to be able to put in there to make thousands of dollars, but you have to start somewhere. Even if you made a few hundred dollars, you’re going to invest what you originally had plus the few hundred dollars back into Bitcoin next time it hits $26,000. Now you have more, so you can continue to compound your money.
[00:01:03.700] – Sam Ridgeway
Now, did it take a week and a half, two weeks for that to happen to get to where the automatic sell order came in? Yes, it did, but it could have taken a day. It could have taken a week. Who knows? Just automate your buying and selling so you don’t have to worry about it, and then make money while you sleep, you’re still going to get a hell of a lot better return than if you have it in some savings account or some money market account or some bonds, especially in a checking account. This whole live like a Viking thing didn’t come about just because I wanted people to do better in the gym. This whole thing came about to get people emotionally, financially, physically better, to improve people’s lives. That’s what I set out to do in the beginning. And financially, is an integral part of all of this. When you have money, it’s like you’re living in the VIP lounge of life. And it’s there for the taking, if you’re smart about it. Take your money, put it into crypto, put in automated buy and sell orders. Just sit back and let the market make you money.