Increase your BTC Holdings with knowing those Metrics explained by James Check. Where to store your Bitcoin? I personally use a BitBox! - Get a 5% Discount with code "ROBIN" - & visit: https://bitbox.swiss/robin Contact the CyberSecurity & Self Custody Experts from the Bitcoin Way: - 30 mins free call with my link: https://www.thebitcoinway.com/partners/robin Get the Best Bitcoin Watches ever: - Here: https://www.coinvigilante.com/?ref=robinseyr Guest's contact: https://x.com/_Checkmatey_ !!! Disclaimer: This content is for educational purposes only. The views expressed by Robin Seyr and guests are their own and do not reflect any responsibility or liability on our part. Summary In this conversation, Robin Seyr and James Check delve into the intricacies of on-chain analysis in Bitcoin, exploring how human behavior influences trading decisions, the distinction between smart and dumb money, and the importance of using on-chain data for better investment strategies. They discuss the significance of dollar-cost averaging, key metrics for hodlers, and the challenges of tracking transactions. The conversation also touches on the myths surrounding market manipulation, the role of volatility, and Bitcoin's position as a store of value. Finally, they examine the impact of ETFs on the market and the future of Bitcoin in relation to fiat currency. Takeaways On-chain data reveals human behavior in trading. Most people buy high and sell low due to emotions. Long-term holders are considered smart money. Using on-chain metrics can improve investment decisions. Dollar-cost averaging can be optimized with on-chain data. MVRV and SOPA are key metrics for hodlers. Price predictions are often unreliable; focus on behavior. Retail investors in Bitcoin are knowledgeable and engaged. Volatility is necessary for Bitcoin's growth. ETFs have not yet significantly impacted on-chain data. Chapters 00:00 Topic: On-Chain Analysis and its Importance 01:48 Patterns of Buying and Selling 06:43 Labeling Smart Money and Dumb Money 09:40 Using On-Chain Data for Better Decision Making 15:31 Accessing On-Chain Data and Making Informed Decisions 19:36 Long-Term Price Predictions and Investor Behavior 22:34 Differentiating Between Bitcoin Transactions 26:34 Average Bitcoin Holdings and Retail Investor Behavior 33:31 Psychology of Holding Whole Bitcoins 34:49 Understanding Bitcoin's On-Chain Data 38:44 The Value of UTXO Analysis and the Limitations of Whale Data 44:29 The Positive Aspect of Bitcoin's Volatility 48:27 Bitcoin's Primary Narrative: A Store of Value Asset 55:28 The Role of Bitcoin as a Reserve Asset 01:03:09 The Persistence of Fiat Currency and the Need for Self-Custody