Bitcoin and Stocks Are Surging... Is It Too Late To Invest?

**SPEAKER_1** (0:00)
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**Candy Valentino** (0:56)
Hey guys, welcome back to another episode of The Candy Valentino Show. Thanks for tuning in with me today. I am so excited for this episode. It is really early. We just wanted to make sure that everything in this episode was super up to date, so I poured myself some iced coffee and am watching what the heck happened in aftermarket trading hours, because I think this is incredibly important for you to understand this, for you, for your money, for your family. We are in unprecedented times, my friends, and sitting on the sidelines and not doing anything about it, you are going to come out of this period wishing that you got in. So that's what today's episode is all about. I want to talk to you about something that I get asked frequently about. It's in the news everywhere right now. I have three media interviews today, so between Fox and CBS and NBC Affiliate, I will be talking about this today. It's a very timely topic, which is why we are dropping it and recording it same day, which I don't typically do, but it is really important. I feel this is so, so important for you to know whether you are a retail investor, just getting into investing, or it's something that you're already ramping up. Let's take a look at this Bitcoin push crypto in the stock market altogether. Because if we go back just a month ago to November, it was a huge month for the market, obviously. Now Bitcoin saw 39% growth. The S&P hit an all-time high. I've been talking to you on the show about the S&P, making sure that you buy the S&P. The market overall has just been on fire. We had this sideways summer, right? And if you were listening to the show back in the summer, I talked about this, I talked about it in the media. And what happens when that occurs, okay? So when we've got this like sideways action, it creates tension is the best way to explain it. It's kind of like a slinky, if anyone's old enough to remember those. It's like when you take that slinky and it's all coiled up, it's really small and you expand it and you expand it. But man, when it finally opens, when it goes down the step and there's no more resistance hitting the slinky, it starts to take off. That's what we're starting to see. That's exactly what happened with the $100,000 price point of Bitcoin. We knew that it was hitting this resistance point. I'm gonna talk about what that means. And we also knew that the second it got past it, that it was going to pump again. And that's exactly what we saw aftermarket last night. So what exactly happens when stocks and assets in different markets and sectors hit these all time highs? What does this mean for investor psychology? How does that play into it? Because it's a real thing. And how has the Trump election played a major role in this market? And what type of momentum are we going to hope to continue to see? And where's the data in that? That's what I wanna unpack today. Okay, so before I get into what to do, I always like to make sure that we share the why behind it. So that you can understand this better, so that you can make informed decisions moving forward, right? That's why knowledge isn't necessarily powerful. It's only powerful when we actually apply it. So I don't wanna just tell you what to do and what you should invest in, because you're not actually learning the behavior of an actual investor. I want to share what happened so that when you start to see this in the future, you know what moves to make. Now, we talked about that tension period, right? That that builds up. Well, what happens is stocks in general, they will hit these resistance points. And it's for a variety of reasons why they hit them, right? It's sometimes the psychology of the street, of the investors thinking that maybe financial planners or all of the really smart people are like, hey, there's no way that this can support this price because of XYZ reasons, right? So that's one reason. It's sometimes just the psychology of those who are deploying capital in various stocks and sectors that just don't think that it's going to go to that amount or that that amount can't be supported because various reasons. And sometimes that data is true. But there is something else that can't be quantified. And that is when you have this momentum like we're seeing right now, when you've got Wall Street and Main Street being very positive, when you've got people on the street that just feel like it's a better time, that the economy is going to turn around. And in crypto specifically, when you have a president-elect that has pro-crypto policies, we can see how these things are going to start to pump the price. And although we saw for the last few weeks, it kept hitting that $100,000 resistance point and coming back down the whole way down to $92,000, we could tell that the more people, whether it's companies, financial planners, individual retail investors or governments start investing into crypto, it pushes up that cap. This is a finite asset. So unlike stocks or currencies, where obviously what devalues the dollar, when the government prints more of it, what can devalue shares when a company's market cap gets pushed up so much that they need to reestablish the way that the stocks are structured. So that is a way that it will devalue. When you have a finite amount of something like Bitcoin, there is really nothing that can dilute it. And once we got past this $100,000 resistance point that it kept hitting, we know that there is now more stability in the asset and we know that there's less risk. And what's going to happen is when more and more people on the street listen to podcasts like this or other people that are investing in something, they will start to go to their financial pros and their financial planners and say, hey, you told me not to invest in Bitcoin and look at what I missed out on. I mean, just in January of 2024, it was below 40,000. And now here it is at the end of the year, over 100 And I don't like to speculate, and this is not financial advice, of course, but I always say that when we hit these resistance points now, even when it pulls back, the new lows are a higher low, if that makes sense. So if we pull back, it's 102,000 right now, as of this morning in pre-market trading.