The Mindset Mistake Keeping Millennials Poor - Why $10,000 in Bitcoin Could Be Life Changing and Your Bank Hopes You Never Work That Out (Bit Coin, Wealth & Investing)
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Most millennials think £10,000 isn't enough to actually do anything with. That single thought might be the most expensive mistake you'll make this year.
In this episode, a confession about my own first Bitcoin purchase, why the size of the amount was never the thing that mattered, and what £10,000 could actually become if you stop waiting for a bigger number to show up. Then, why your bank is completely fine with your savings sitting there doing nothing, and what actually happens to that money once it lands in your account.
In this episode:
- The mindset mistake that cost me years, not money, when I bought my first Bitcoin around $80-100 and didn't take it seriously, and why I see millennials make the exact same call with £10,000 today
- What £10,000 could become over 10 years at conservative growth rates, and why that range is genuinely life changing money for most people
- How commercial banks actually work, why your deposit becomes their raw material the moment it lands, and why the gap between what they pay you and what they lend it out for is most of their profit
- Why money that moves into self-custodied Bitcoin exits that system completely, and what that means at scale
If you know someone who's got money sitting there "waiting for the right time," send them this one. There isn't a right time. The right time was whenever they actually started.
If you've got questions and don't really have anyone to talk to about Bitcoin...
-- Book a free call: [LINK]
-- Follow Myles on Instagram: [LINK]
-- Check My Personal Website: [LINK]
Most people around you - family, friends, colleagues - don't really get it yet. And the internet is full of hype merchants who just want your attention.
Book a free call with Myles. It's a genuine conversation, not a sales pitch. No agenda, no pressure - just a calm 15 minutes to talk through where you are and how to think about this properly.
You can a Book a call with Myles here with this link. No Sell. Totally free.
Secure your Bitcoin properly
I came across MicroSeed because I was looking for a simple way to back up a seed phrase properly. Something small, discreet, and durable without needing loads of extra kit. Most options felt overcomplicated or a bit clunky. This didn’t.
It’s a solid, no-nonsense way to secure your Bitcoin and actually take self-custody seriously.
If that’s something you’ve been meaning to sort out, you can check out MicroSeed and use code MYLES for a discount from https://microseed.io/shop/
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