My Mom Wasted My Money On Bitcoin!

48 Comments

1. Dave is wrong on this! Period

2. Wait 10 years. Go listen to my channel

3. Btc has been the leading investment for the past 10 years and is already the best investment in 2020 morons

4. Mama knows!

5. It's called domestic theft.

6. Did anyone else feel like this was a prank call?

7. He's probably going to reconsider ever taking advice from his own mom. Yikes!

8. Ramsey most likely knows nothing about BTC

9. Bitcoinect ! Look up Carlos Matos on YT.

10. The mom is a early adopter

11. Dave doesn't know about the halving! 18th May 2020, Let's go baby!

12. i feel a re-enactment of family guy coming on, real soon….."where's my money Brian?"….

13. Ramsey is wrong, keeping the poor people poor

14. Why would you trust the US dollar Dave? The US dollar is backed by trillions in debt and trillions more in unfunded liabilities, and whose supply is controlled by a government that is proven to be willing to print its way out financial trouble.

15. 1. Don't ont loan money to family.
    2. Hodl.

16. Ramsey bearish. Buy signal.

17. Your mother is a Brilliant woman and she will make both of you eat your words one day. Mom is even smarter than the professors at the school that you want to attend. Mom doesn't want you to squander your future wealth on a useless Degree! THANK HER…

18. So this man trusts the state and the federal reserve more then he does mathematics ?

19. I’ve known too many people who have loaned money to relatives or parents, it never ends well. Once you loan the money, consider it as a gift because you may never see the money again.

20. love it .unfortunately these older folk have no clue. the game is played differently today learn the new rules.
    dont accumulated debt, aslong as you dont live with credit debt and mortgage debt and car debt you will be ok . release the chains and live within your means. salute to your mum shes a genius by the way.

21. Your money is probably at the casino. Write it off

22. 0:44 Your mom goes to college!

23. I invest 95% in everyday investments. The 5% is a fishing expedition and that includes cryptocurrency. If I lose 5% of my retirement in its entirety it won’t make a difference on a day to day how I live. I think it’s important to have some fun and take chances. But only if you can afford it.

24. Your money is gone, cut your losses, look for part time work or just more work in the summer if you want to avoid debt problems.

25. I mean i believe in decentralized currency, but this is total bs, she never invested a dime

26. Dave: "Some day, it may be good for something."

    Apparently he doesn't think it's a good idea to buy it when it isn't. Does this guy really pride himself on investment advice?

27. I agree the mom should get a job and use her own money and not borrow it, but cryptocurrency is a good investment, especially Ethereum.

28. I thought he was going to say majoring in “Liberal Arts” lol

29. This guy is so lucky to learn early on his patent is a fool and it only cost him 7k. Bro it sucks BUT you kind of lucked out. Just walk away and never ever give her money again

30. Dave is a low-risk, pay off all debt kind of guy. That’s good for helping people pull themselves out of debt, but it will not make you rich. Making gains requires risk, and things like crypto are just riskier speculative plays with asymmetric payoff. By the time Dave gets into the crypto space, all the money will have already been made.

31. Never loan money to family

32. If she bought a BTC when it was at $7,000 January 2, it was worth $8,300 Jan 7. So she was + $1,300 at the time of this upload.

33. That’s a great investment. I agree if it benefits you it’s a great investment.

34. Even if it’s mom. You don’t lend money unless your willing to loose it.

35. She's a smart mommy

36. The mom was right and he will regret it in a few years

37. She's fighting to keep the 7,000..because she spent it on gambling….sorry guy….

38. Doesn't Ramsey doesn't realize what's going on? The banking system is melting down and he's giving advice like it's 1965.

39. You only lose money when you sell

40. The YouTube ad prior to this video was about crypto currency…oh the irony.

41. Jan 11 2018 BTC traded for $13,626. She acquired roughly .5 BTC. Today it’s trading around $8,650. She only has $4,400 at best…

42. lol "it has some great attributes and will probably be stable one day"

    "it's a terrible investment"

    smdh

43. The days of being a millionaire from btc are over. It will just slowly rise now

44. So if the mom,at her age, does not have the maturity to invest money well, HOW do we trust any female under her age to make the right decisions of having a relationship with? She USED her SON'S $ to do a stupid thing. She is not a teen, she is not a kid; she is a FULL GROWN ADULT with some years of experience.

45. Ur mom invested in a bear market…now things are about to blow…she just invested in a bear market. But if she owns 2 btc…I don't blame her lol

46. She took advantage of her own son, terrible !!

47. 7k in BTC purchased two years ago would be about 3-4K today. Not even one full BTC. That’s not enough to become rich. If she had invested in 2013 she’d be good to go

48. It sounds like she invested the borrowed money in one of those cryptocurrency pyramid schemes such as as BitConnect, which has failed.

    She’ll never get your money back and she just needs to come clean with you and tell you the truth.

Comments are closed.