Is it game over for Bitcoin and cryptocurrencies? Here is my opinion on the current situation…
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DISCLAIMER: I am not a financial advisor. This is not financial advice. This is just my opinion. Always do your own research before investing. I am not responsible for your trades…
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Thanks for all that you do man! Keep up the videos coming! I was around for the last bear market and if I kept accumulating I'd have been a multimillionaire. I let people talk me out of it. Take it from me, I will never get out of crypto again.
Great perspective! Think I'll subscribe. The sheep always get sheared! Bitcoin/Crypto not going anywhere! Keep up the good work!
Hahaha it's time to stop cuz crypto is down. The dollar is going down. And the economy is going down. Check everything from stocks to trade war. I suggest you guys sell everything
It’s over for the next 24 months for sure.
Bitcoin: The Emperor's New Clothes. Only a fool would buy into an investment backed by NOTHING!
That is soooo funny. 3:50 in and he says do you have a house with running water in it. My water pump died and I DON"T have a house with running water in it. LMAO not a big deal as it will soon be up and running. I just can't decide if I want to go with a DC pump so I can do solar later. Quite a bit more expensive but the peace of mind … Do you have a house with running water …I can't stop laughing.
You've highlighted the major issue with Crypto … even you are looking at Bitcoin as a get rich quick scheme and not as currency. This is the biggest problem with Crypto and makes it worthless because it fails at its major function, which is to be currency. Bitcoin is worthless junk and is only of interest to speculators. I'm not saying it can't go back up in price because many people like to speculate, which is why gambling is such big business, but if people lose interest it could go to zero. Crypto is NOT currency … not in its current form. You should only average-down when you are trading an undervalued tangible asset, not when trading a worthless 'asset' where its value depends purely on speculation and faith because then you are simply gambling.
A very nice rant, with many truths expressed so emotionally & eloquently! 😉
Crypto Zombie ………………….are you trying to be a suicide councilor ?
If you cant offer any guidance on bitcoins future then you are a waste of time , like so many others like you who want to be heard . Thats all , just want to be heard . We dont need advice when things are moving up , its all visible though the exact reasons unknown. We need it in times of crisis like now and you , like so many others , have nothing to contribute . Just a load of repetitive nonsense which everyone knows already ……………..its going down ………….dont say hey !
I admire your optimism but now is the time for realism. You say the price will go back up. Why do you believe that? Have you at no point considered that the run up to $20,000 was purely a speculative move that had no business being at such ridiculous levels in the first place? Have you considered that the crypto move may have been a greed and FOMO driven bubble? Block chain is a free and open source technology. Cryptos can be created out of thin air, replicated, duplicated and forked a million times over. If in the future Bitcoin will still have value, it will more likely be at 20 cents rather than $20,000. Those who want something for nothing will get nothing for something. I hope the crypto crowd learn from this experience.
This title is such a dumbass one… Kappa
For me it's a hobby. Although, 2 weeks ago I seriously started to consider to quit my 3-shift wageslave job in the foundry since I made some BTC's with shitcoin trading. Now, after the recent downslide it's just a hobby again. I'm cool with all this. Even if BTC vanishes. I didn't invest money that I wouldn't have otherwise spent for meaningless things.
There are no wounds if you DCA… just keep working just keep working LAULZ … AND DCA MY CRYPTO BITCHES !!!
DCA Dollar Cost Average
woopwoop
No worries, it'll go up to 250k by 2022 allegedly 🙂
Yeh cool bro. ?
Im not here to listen to appreciate ur Family and Health and shit if i want that should i woudnt Watch a uninteresting Foreign 3rd Class YouTube trying to give me Tipps Making my life better. Tell me something i dont know and shut your mouth
he bought?
domp eet
emptying bank account
Money's too tight to mention, I can't even get a dollar extension :-((
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Oh FUCK I HOPE SO! I want to see every smart ass crash and burn who thought this shit was a good idea!
Good man
Does anybody know what is the URL to this page is that is shown in the background with all the stocks in the way coin360.io does it? https://youtu.be/9g84Pt3EGnU?t=28
Now is the time to buy. Sell everything car, toaster, and kids. Thank me later.
Erm, Christmas is coming? Is it not suppose to be red? ;P
Stick with XRP and BTC as much as you can guys. If everyone sells when it starts to fall, which at one point it will, the dream may be lost because of it being too volatile for companies to get behind. just remember where it's going and don't be put off by short term fluctuations and don't facilitate this dream into becoming a nightmare. The coinbase thing will undoubtedly be replaced by another incident but it will always correct to higher until it's mooned naturally. Don't give up on it and start day trading it, it will take too much time and concentration. Remember XRP is probably bitcoin part 2. It is quite unfortunate that the most popular word lately amongst crypto enthusiasts and traders alike is “hodl.” This concept of “holding on for dear life” in itself may not be a bad idea but why hold on to an investment instrument which could make you some money, or make you very miserable tomorrow? Making a good profit off crypto is easy if and only if you can find the right entry point and exit point in your day trading. Someone I discovered that has tremendously helped me with this is Mr. Kaniel Nolasco. He has a system which is so effective it amazes me. I have been using his signals and strategies and have turned out a very impressive profit over the last two months. I would suggest him for beginners and even more experienced traders who have a problem turning in a consistent profit. His contacts are ( kanielnolasco @ gmail com )
ok, im all in
Well said. Like what you do. In market since 2012 and listening to you….good sign.
there is a reason i didnt go all in and that rason is why ill be buying bucket loads at 1k
"Money is the easiest thing to get" …Hahahaha
You should start a church, you'll make good money.
I am down over 90% of much of my crypto investment and honestly don't mind too much about it for 2 reasons.
1. I did my own reasearches and found projects that I believe in for the long run.
2. I followed your advise which is the same from the other crypto utubers that I still do watch and respect: don't invest more than what you can afford to loose.
Good video BTW!
Awsome video thx
Cryptoes are the mafia creation and this gut talks about them intelligently. So as the banking.