Is Bitcoin Still Worth Buying in 2026? | Humphrey Yang

What are your thoughts on Bitcoin? >> Uh, I think it's not going anywhere. I think it's obviously low right now for low relatively speaking. Um, and it and it's definitely underperformed this year. It's down. I think you can have, let's say if you wanted it in your portfolio, 3 to 5%. I mean, I know you have eight, but that's still I think within reason. It's like an alternative asset. It's kind of like if you're just diversifying into like gold or something. I think if you wanted Bitcoin, that's fine. Yeah. I have like one Bitcoin. That's it. Oh. >> When did you >> That does a lot. >> When did you first buy Bitcoin? >> Uh, 2014 2013 2014. >> How much? >> I bought one Bitcoin for $100 back then. >> And what did you do with it? >> I spent it at a cafe. >> [laughter] >> Wow. >> most expensive coffee you've ever purchased. And you never purchased >> yeah. It's like uh it was like a $60 I mean, I think at the time I spent 60 bucks at at this cafe cuz we didn't know how Bitcoin worked. And you had to like send Bitcoin from one wallet to the other using using, you know, the um the 32 or what however long the wallet character address is. And so I sent this Bitcoin to this cafe in Palo Alto, Coupa Cafe. It's like a famous cafe where entrepreneurs meet. But I sent it to them and I didn't know that Bitcoin transactions, they take like 30 minutes to confirm on the network because we didn't know anything back then. So the person behind the register was like, "We didn't get it." Cuz they don't know either, right? No one's really paying with Bitcoin. And so I sent it again. And then I said I had to just basically send it like three times. And like that equivalent was like, I don't know, 0.45 Bitcoins or whatever. So >> And so they just kept the Bitcoin. >> I don't know where it went, yeah. >> And so but you held on >> it. They could have lost it. >> You held on to the remaining 0.55. >> Uh, no. I probably sold that and then I I rebought in 2017. >> Yeah, you buy at the price that you deserve. Is that what they say? Is that a Dave Ramsey thing? >> No, no. That's just a Bitcoin thing. Is you buy at the price that you deserve. >> Interesting. >> Yeah. And then uh yeah, 2017 I mean, I've I've been in crypto for a long time, just maybe not as like I'm not as outspoken about it, but I definitely keep up with what's going on, and I know a lot about crypto. I just don't make stuff on the channel about crypto anymore because my audience hates it for some reason. They're just more into traditional retirement and growing your wealth slowly. Not that Not that Bitcoin is not doing that. It's just like Once I say Bitcoin on the on the on the channel, people just are like, "Ah, that's like a scam." So, it's stuff. >> What is the stuff that your audience is most excited to hear about? FIRE. FIRE. Why do you think FIRE is so important to people? >> It's freedom. I mean, it's like when It's It's like when is when is the when is it done? When When's the job done? I think that's like a big thing. So, that that does really well on the channel. Psychological things do really well on the channel, like when is enough, um and then other other formats, affordability, cars, houses, stuff like that. >> What does money mean to you? >> You know, when I was like a kid, I always thought that money was like a really dumb concept cuz it's like fake. It's just It's just value that we assign to it. Uh but I view it as a resource that you can trade for things. So, I like that. And I also view it as something that can bring a little bit of happiness. Sure. >> What do you think the best things are to spend money on? Experiences? >> Other people? >> What experiences have you spent money on that you say that's worth it? >> I went to I'm going to I'll I'll give you an example. I went to the Eras Tour. I thought that was worth it. >> Taylor Swift? >> Swift. Yeah, it's so fun. It's so fun. >> tickets? >> I think it was like 1,200 bucks a ticket. I bought two. Yeah, they were great. She was great. And by the time I got there, the tickets were like 3,000 a piece. But yeah. Wow. I will say like I mean, it's just a night I remember like really well. Like every Taylor Swift concert I've been to cuz I've been to the 1989 concert and the Reputation concert. The other albums. They're always just like the craziest time of your life cuz it the stadium is so loud, the energy is is all there. It's like it's it's really incredible. I you know what? I want to go to a Coldplay concert because of that, too, or a BTS concert because I've noticed a stadium concert to me is like the energy is electric and I like that. And I'm actually going to the World Cup game next Thursday. It's like Australia versus Paraguay. And you know, I think that'll be sold out. So that's going to be like an experience that I I'll remember, too. >> Speaking of Taylor Swift, did you guys see this morning she's pregnant? >> No. >> Yep. >> Really? >> I'm kidding. >> Oh. >> [laughter] >> Got you. >> You should have held on to that for longer cuz I I would have believed it. I would have believed it, too. >> I shouldn't I didn't check I didn't check it. >> doing it because someone's going to clip that. >> Oh, that's funny. >> So you're a Swiftie? >> Uh I mean, yeah. I I I'd like to think so. Yeah, sure. I just like experiences. So I think to your point, spending money on experiences like that, that was worth it. Um buying things for other people is nice, too. Like just buying dinner, picking up dinner. >> What are the worst things to spend money on? >> I don't know. I haven't felt like I've made a bad decision in terms of purchasing something recently. So I don't really have any worst decisions. The clothes, probably. Sure. Especially if it just like shrinks or I don't know. Kind of like gambling. Don't Don't gamble. >> [sighs and gasps] >> You know what we could do right now? $100 each coin flip. You want to do that, Jeff? >> I have $100. >> So do I. >> You guys want to do it? >> I'll officiate. >> Okay. >> Yeah, I'll do it. I'll do a $100 coin flip. But do you want heads or tails? I'll let you pick the heads or tails for the coin flip. >> Uh I would like heads. >> All right. I'll be tails. >> Do you have a coin? Just >> Flip a coin, heads or tails. >> Well, digital coin. This is how This is how >> Heads. >> Let's go. >> Oh, there you go. Cool. So >> Congratulations. >> Did you believe me? >> Yeah, I believe you. >> Okay. >> Yeah. >> It was it? >> No, yeah, it was heads. He just looked for a second like he didn't believe me. >> No, because you're like showing your phone. >> Okay, yeah. >> I got Graham Stephan's $100. >> How does it feel? >> Pretty good. >> $100 richer. >> feel? A little bummed out, but >> [laughter] >> but it's that's fine. That's fine, you know, it is what it is. >> It's the way the cookie crumbles. >> It is. It is. You win some, you lose some. >> So, this is >> Would you do it again? >> [laughter] >> I don't know if I would, cuz I kind of hit a limit >> You cut your losses there. >> Yeah, I kind of hit a limit where I'm like >> But you could get back to where you were. >> That's a great point. >> What if you do double or nothing? >> $200? >> No, I wouldn't do that. >> I would do another 100 for the sake of content. >> I would do another 100. >> That's double or nothing. >> No, it's not double or nothing. It's still 100. >> It's technically double for him. >> Well, actually now it's not 100. >> save this for the post show. >> Okay. >> We'll save it for the post >> want to see the next coin flip post show. >> Cool. >> All right, we have some rapid-fire financial questions for you, Humphrey. Let's see what you got to say. >> All right, sir. >> Rent or buy? >> Rent. >> New car or used car? >> Used car. >> Lease or finance? >> Finance. >> Credit card or debit card? >> Credit card. >> Pay off mortgage or invest? >> Pay off mortgage. >> Roth or traditional? >> Roth. >> Bitcoin or gold? >> Gold. I like gold lately. But I've also been collecting gold, so yeah. >> Index funds or individual stocks? >> Index funds. >> Real estate or stocks? >> Stocks. >> Higher income or lower cost of living? >> Higher income. >> Concentrated portfolio or diversified portfolio? >> Mhm, depends on age. Younger concentrated. >> Die with zero or leave a large inheritance? >> Leave large inheritance. >> Retire early or work on something meaningful forever? >> Uh the latter. Work on something meaningful forever. >> Track every expense or automate savings? >> Track. >> 1 million at age 25 or 5 million at age 50? >> 1 million at age 25. >> And then we have some multiple choice. Which will improve the average person's finances the most? Cutting expenses, getting promoted, changing careers, starting a side hustle, or starting a business? >> Probably cutting expenses. >> Are side hustles usually a legitimate path to wealth, a useful source of supplemental income, a distraction from advancing in a primary career, or mostly internet marketing? >> B. Which was >> a useful source of supplemental income. >> Yep. >> What's the best side hustle for the average person? Freelancing an existing skill, reselling, content creation, rideshare or delivery, real estate, e-commerce, consulting, local business services? >> I'll go freelancing. Uh consulting. So, basically using the the skills you already have, and then I would go like reselling and then small business services right after that. >> Someone earns $70,000 at a stable job. Choose the better use of 10 additional hours per week. >> What are the options? >> Did you get that? >> Working towards a promotion. That's what you'd say, bud. >> Learn a new skill, build a side business, work a second job, or invest and research stocks? >> Learn a new skill, I think is what I would say. >> Yeah. >> Especially if it helps you at work. Like let's say you're at work and you learn database management on the side. Like you could you could increase your income by a lot doing that. >> And really quick, I got to say something that Jack and I have been trying to do a lot more lately is just to remove the annoyances that quietly waste time and energy because those things add up fast. The thing is we're always on the go. We're always trying to get to the next thing. So having a cleaner setup and a little more control in your day really goes a long way and that is exactly why we absolutely love MagBak. The MagBak Elite case is so much more than just a case. It has the finger loop for a secure grip, side grips that feel great, a pinky pillow for comfort and a built-in kickstand when you need it. 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