Should I Invest In Cryptocurrency?
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- เผยแพร่เมื่อ 19 พ.ค. 2021
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What is the best strategy to enter crypto trading now for someone with more or less than $12k
You need a pro or very goodTrader. Someone like Jared Brian Watkins
Jared excels at capitalizing on economic shifts and I have confidence in his trades
Almost gave up due to constant losses, but Jared turned my luck around
roughly 12k now comes in per week
Please how to consult him
I HAVE BEEN MAKING HUGE LOSSES FROM MY ACCOUNT. PLEASE I NEED HELP
I will advice you stop trading on a live account and then master your strategy on a demo account. While you do so. You can look for a good expert to manage your portfolio. Hailey Gassmann manages my portfolio and she's been doing so diligently. Tnks to her expertise
I was recommended to Hailey by people's testimonies and writing her has been the best decision I ever made
One thing you all failed to mention about Hailey is the fact that she always set realistic profit target and accomplish it while others are known for setting unrealistic profit target just to get people's attention
I'm not here to converse for her but to testify for what I'm sure of. Hailey's services is a top notch and I really appreciate her so much
I'm convinced I really require her services. How to reach her pls
I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time .This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Gomez. A widely known crypto consultant
Wow!, I'm surprised you also trade with Alex Gomez, he's the best at what he does.
I started working with Alex back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.
As someone who's into investing, I often wonder how successful investors make millions. Right now, I have $545K from selling my home, and I'm not sure what to do next. Should I invest in Bitcoin now, or wait for a better chance?
Buy 1 Bitcoin. Or at least 0.1 Bitcoin. Then just let it be for, at least, the next 10 years.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
Mind if I ask you to recommend this particular coach you using their service?
The advisor that guides me is Sonya lee Mitchell, most likely the internet is where to find her basic info, just search her name, She's established.
Thank you for the helpful tip. it was easy to find your coach. Before scheduling a phone call with her, I made sure to do my due diligence. Her résumé looks impressive, and she appears to be highly proficient in her field.
I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 30k in crypto and made about $246k, but guess what? I put it all back and traded again and now I am rounding up close to a million.
Congratulations, do you mind sharing how you did it...
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Adolf Heinz. A widely known crypto consultant
I've come across this name before, is he really reliable?
Wow!, I'm surprised you trade with Adolf Heinz, he's the best at what he does.
*What we do today really impacts how our future turns out , I plan on saving and invstng to keep my kids future secured so they do not have have worry when I am not here*
Assuming your investment would grow, how long does it take to actually turn that initial loss around? Of course you can continually increase your investment but then you have more money you need to earn back. Do you simply have that dividend put back into the investment to compound the growth? Thats VCORPINVEST🟢COM on google is the best
Assuming your investment would grow, how long does it take to actually turn that initial loss around? Of course you can continually increase your investment but then you have more money you need to earn back. Do you simply have that dividend put back into the investment to compound the growth? Thats VCORPINVEST🟢COM on google is the best
@jeffery656
I usually look up your videos for updates! Our government has no idea how people are suffering these days. I feel for people with disabilities not getting the help they deserve.
Crypto Bull run is making waves everywhere and I have no idea on how it works. What is the best step to get started please?
Wow, that's more than a mouthful of profits you're making. How do you achieve this feat consistently? You must be a genius in trading.
Have you not heard of Mrs. Lauren Hopkins?
She has this skill of making complex crypto concepts easy to understand and is truly commendable
Thank you mrs Lauren Hopkins, imagine investing $12,000 and received $305,500.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
She is my family's personal broker and also a personal broker in many families in United States, she's a licensed broker and a FINRA AGENT in United states
You trade with Michelle Stewart too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
I am regretting not investing in stocks ever since but still grateful i kept money in the money market. With about $200k maturing soon, i plan investing in the stock market. What stocks should I look into as a newbie to safely grow my money?
Thats when you hire someone to manage your money. You need a (CFP) straight up! personally, I would invest in ETF's and also love investing in individual stocks.
I took charge of my portfolio but faced losses in 2022. Realizing the need for a change, I sought advice from a fiduciary advisor. Through restructuring and diversification with dividend stocks, ETFs, Mutual funds, and REITs, my $1.2M portfolio surged, yielding an annualized gain of 28%.
Your advisor must be really good, how I can get in touch with them as my porfolio isnt doing well.
I don't comfortably throw recommendations around on the internet, but I've been working with 'Natalie Marie Tuttle'. God, she's brilliant! I'm sure there are others who are good.
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.
The problem we have is because Most people always taught that " you only need a good job to become rich. These billionaires are operating on a whole other playbook that many don't even know exists.
Money invested is far better than
money saved, when you invest it gives
you the opportunity to increase your
financial worth.
It is remarkable how much long term
advantage people like us have gotten by trying to be consistently not stupid,
instead of trying to be very intelligent.
The wisest thing that should be on
everyone mind currently should be to
invest in different streams of income
that doesn't depend on government
paycheck, especially with the current
economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
I also keep seeing lot's of people
testifying about how they make money investing in Stock, Forex and Crypto Trade(Bitcoin) and I wonder why I keep loosing. Can anyone help me out or at least advice me on what to do.
Even with the right technique and
assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
I would really appreciate any advice here on how to start as well
Assuming your investment would grow, how long does it take to actually turn that initial loss around? Of course you can continually increase your investment but then you have more money you need to earn back. Do you simply have that dividend put back into the investment to compound the growth? Thats VCORPINVEST🟢COM on google is the best
Assuming your investment would grow, how long does it take to actually turn that initial loss around? Of course you can continually increase your investment but then you have more money you need to earn back. Do you simply have that dividend put back into the investment to compound the growth? Thats VCORPINVEST🟢COM on google is the best
Still need that advice?
Why would you call a man who is totally invested in the old system to ask about a new investment?
Bingo!
Yup
Exactly!!!
Correct!
Well said !
Only put in what you are willing to lose, and do your due diligence.
No
Just like plays cards or craps.
Also be sure to pull your initial investment once you have made some significant gains.
Amen to that. I brought $500 right before the crash started. Now it hitting bottom and I don't care because I was willing to lose that. I guess no vacation this year 😂🤣
@@MP-nj1qy you will get a good return very soon. Please continue holding.
Thanks for the update.
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Steven Dunn. A widely known cypto expert
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation
As a newbie you'll need to invest in a company that is working towards sustainability, like that of expert Steven Dunn and his abilities in handling investments on top notch
Steven Dunn is among the best traders out there and I'll keep saying it every time.
Sincerely speaking. I will continue to trade and stick to Stevens daily signals and guides as long as it works well for me
I wouldn’t say buying and holding for 10 years is “getting rich quick.”
No but buying and investing is the deal
Holding a few of these for a 10 year cycle could make you wealthy
Some would disagree
Your comment has already aged well and I hope to come back to this in 9.5 years to confirm.
Wow why does anyone still listen to this guy lol, imagine how many people he has cost life changing wealth
Cryptocurrency now reminds me of internet companies in the 90s early 2000s. A lot of them will fail but the ones who make it will CHANGE THE WORLD. Like Amazon, Microsoft, Apple, Google, etc.
@Tony Lopez very thoughtful input pal!
@@lukitas207 Explain, please. If set of all investors pays certain fee to miners, doesn't that mean investors (in total) will always be in loss? How can investors gain their money back that they lost to miners' fee, other than from other investors?
@MA if you think all cryptocurrencies do the same thing you need to learn more
Most importantly the blockchain technology behind these coins is MORE valuable for future.
This is so off base
I bought the dip, it’s not a get rich quick, but I’ve been Hodling and it’s made me a small fortune
How much profit have you cashed out?
Go broke slowly huh?
If you haven't sold, you haven't made anything.
Small fortunes over time turn into large fortunes due to the power of compounding.
@@Giverechoc who counts their profits in usd anyways
Pesants lol
It amazes me how people call in and say they've been watching the show for awhile, and then ask a question they should already know the answer to 🙃😂
Exactly. Like those who make their own version of baby steps and call in Dave to approve.
Seriously! You know you’re about to be roasted why would you ask a stupid question like that 🙄
@@LittleMopeHead Those people are the worst. If they need him to approve their spending plans with grandpa Dave then they clearly havent truly learned.
My thought exactly
If you've seen his show for any time at all, you can see the title and know what he's gonna say
Dave “Paper Hands” Ramsey
😂
🤣🤣🤣
LOLOL lettuce hands
😭😂🤣😂
Dave the handless
I would also be interested in starting mine this 2022 , I hope it's not too late for me
Assuming your investment would grow, how long does it take to actually turn that initial loss around? Of course you can continually increase your investment but then you have more money you need to earn back. Do you simply have that dividend put back into the investment to compound the growth? Thats VCORPINVEST🟢COM on google is the best
Assuming your investment would grow, how long does it take to actually turn that initial loss around? Of course you can continually increase your investment but then you have more money you need to earn back. Do you simply have that dividend put back into the investment to compound the growth? Thats VCORPINVEST🟢COM on google is the best
@Mary Lyla what did you do to be successful
If you want to invest in any other investments except Mutual Funds & Real Estate, get ready to be roasted by Dave! 😂
Not gonna lie this was a very tame I thought it was going to be worse.
Makes for entertaining Dave rants 🤣🤣
Entertaining but memorable
Because those are the tried and true investments.
The guy is good at wealth preservation but doesn't really tell people how to make serious huge money ..7/8 figures
If you want to make crazy money, you have to take pretty high risks
When Dave was 24, there was no internet.
gottem!
Never take advice on new technology from your grandpa..
EXACTLY
There is a reason grandpa lived to be old.
I don't know....he might just have some wise words for you.
@@katietuttle7490 how many fail at that? If you have Dave Ramsey money, let me know?
LOL
The market is very unstable and you can not tell If it's going bearish or bullish. I advise y'all to forget predictions and start making a Good profit now because future valuations are all speculations and guesses.When these reports are bullish take some off to the side lines, when news gets bearish start buying. "Keep it simple simple" that bear/ correction was the best thing that Happened me. But all thanks to Eric Birger for his amazing skills for helping me to earn 15.6 Btc through trading chart. I believe we are in the spring phase..
@EricBirger VlA t e I e g r am...,
Truly to build wealth during a recession, you should focus on where you can save money and invest in foreign currency.
My first signal subscription with him got me 5.6btc with just 0.5btc in a ranging price action which I've never traded before..
I've been exploring BTC trading recently, and it's been an exhilarating journey. The market fluctuations can be nerve-wracking, but the potential for profits keeps me engaged.
Eric Birger's team consistently attains impressive returns, having garnered 2 BTC in profits. As a privileged member of his esteemed cohort, I have had the fortune of imbibing his unmatched expertise and market insights. His exceptional leadership has been the bedrock of our success.
Calling Dave to talk cryptocurrency. Lol.
Exactly why I clicked on this. Had to listen to him 😅😂
Ngmi
Dude is totally trolling Dave
@@ravetime8394 it’s entertaining!
I know, lol. It's like calling your dentist to ask him about your cars transmission.
Dave...
...buy the dip 📈 😂🤣😂🤣
This is the way.
Hodl
HODL DCA this is the way!
HODL AND DCA MOONBOIS
DOGE!
Clicked on this video to see how Dave would say no lol 😂
Same. Even though I knew what he would say. lol
Yeah I think his opinion would change if he actually did some concrete research in this field.
@@Janto001 Doubt it.
I would also be glad if anyone here cab explain a few things for me , this is 2022 and I believe it's my time to invest and shine for a better future
Life for me was always devastating, I lost my parents at a young age and had to live with an aunt that well wasn’t all so kind , I had to learn to grow on my own and with the help of God and VcorpInvest▫com on google I came out to be more successful than I ever thought , if I can do it then everyone else can, no cap
Life for me was always devastating, I lost my parents at a young age and had to live with an aunt that well wasn’t all so kind , I had to learn to grow on my own and with the help of God and VcorpInvest▫com on google I came out to be more successful than I ever thought , if I can do it then everyone else can, no cap
Assuming your investment would grow, how long does it take to actually turn that initial loss around? Of course you can continually increase your investment but then you have more money you need to earn back. Do you simply have that dividend put back into the investment to compound the growth? Thats VCORPINVEST🟢COM on google is the best
Assuming your investment would grow, how long does it take to actually turn that initial loss around? Of course you can continually increase your investment but then you have more money you need to earn back. Do you simply have that dividend put back into the investment to compound the growth? Thats VCORPINVEST🟢COM on google is the best
Impressive video! Your detailed analysis of the intricate pension situation and the potential impact of the debt ceiling crisis is a compelling wake-up call for proactive financial planning. Yet, adding a touch on alternative investment strategies, such as the potentially lucrative day trading, would have elevated the discussion. Though risky, with strong risk management and a keen understanding of the markets, it can be a profitable endeavor. Continuous learning, staying updated with trends, and leveraging insights like Boston Weber’s are critical to success. Remember, with discipline and dedication, trading success is within reach….
Boston Weber strategy has normalized winning trades for me and it’s a huge milestone for me looking back to how it all started.
I've followed many traders over the years, but none have been as consistently accurate as Boston Weber. he's truly in a league of his own..
The internet is filled with so many useful information about Boston Weber...
Even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and trade opportunities...
Ever since I started following his strategies, my trading game has elevated to new heights. Truly a mastermind in the trading world.
Great video, trading come with a lot of benefits And 1 have just bought my first house through it. As a beginner I was scared of loosing my savings but l'm glad I took the bold step that is now favoring me.
Congratulations 🍾
I love to be your friend dear as well as sharing some ideas which you're benefiting.
Congrats 🎈
How were you able to make that much? Seems like I'm not lucky enough.
Investing in cryptocurrency now will be the best thing to do especially with the current rise in the market...
This video didn’t age well , what’s the failure rate on bitcoin ? +50000% Please inform listeners that the only thing they can buy to outpace inflation
I'm 27. And the future is going towards cryptocurrency. I'm not using it to get rich quick (although I have made SUPER gains), I'm buying in consistently and holding long term. Yes, it is more risky in the short term, but in my eyes, It is a no brainer long term.
Exactly. It’s crazy how many people don’t get that though.
Volatility doesnt faze me. I'm a long term investor. Pick cryptos with a purpose, get in early, hold for 10+ years,
I agree is sad people like him look down on blockchain tech but little does he knows his bank will hold the same digital currency he looks down on.🤣
Buy the dips and don’t be so greedy that you never take any profits... keep those profits ready to by the next dip.
I agree 100%
Its funny to see seasoned veterans in the financial world who don't even see this major financial shift happening right in front of our eyes. We will see what happens.
That's because they're old, when people get old they become creatures of familiarity.
Exactly. Decentralized finance is the future.
@@noorgaiyd4576 I'm sure you are successful with that victim mentality
@@americanfleet9099
Lol. Hilarious.
@@americanfleet9099 ok scammer
Buy the dip and hodl for the next 10 years. Crypto’s here to stay
Diamond Hands!
I agree!
Only buy if you're willing to loose it. Poor people put their whole life saving in it and they buy it when it's high, than they go broke. I've seen it happen with my own eye.
@@NoNegotiations You only lose when you sell, I said hodl! 10 years and these peaks and dips will be nothing
@@highlandreverie True. But people get paranoid when it dips, not thinking at its only going to go up and up in certain time.
I’ve never regretted buying cryptocurrency’s I buy and hold. And over the long run it’s done quite well
Past performance doesn’t indicate future returns especially for something that is only 12 years olf
@@ryandavies5584 it does bud
@@edubb2491 uh no it doesn’t bud 12 years is nothing
@@CTity860 depends on you goal to sell
Which have you purchased?
Blockchain and DeFi are young, but show incredible potential on scale with the internet. Put a little money in a variety of the top performers, and don’t touch it for a while. Don’t worry about the day to day.
This. The potential of the ecosystem is incredible. Buy and hold for 10 years.
Blockchain will change the world 🌎😉
Fact!!! DOGE TO THE MOON IN YRRS
@@edubb2491 no, not really. Hype is not the same as fundamentals.
@@Mrdsmith500 it will get its fundamentals!
Nice video and thank you for breaking it down!! Even with the current dip, I'm still glad. I can smile back at my portfolio of $66,700 made from my weekly trade within a short period. I feel one Of the greatest challenges that we first timers face in the market is that we end up losing all we have, making it difficult to find ourselves back to our feet. My biggest advice is to always seek the services of a professional just like I did when I ventured into it for the first time.
👏 Inspiring and true words💡
How can one start,most times people don't know where to start when it comes to crypto.
But it would be great if you can provide proper guidance on steps to follow please
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Justice Fadel. A widely known cypto consultant
It's amazing that you got to know him. He has been a blessing to me and my family.
I'm a beginner please how can i reach out Justice Fadel
Thank you for your help creditlord
Dave's response to this call was much better than I expected. He at least called it "speculative", rather than straight gambling. I'll take it.
Explain, please. If set of all investors pays certain fee to miners, doesn't that mean investors (in total) will always be in loss? How can investors gain their money back that they lost to miners' fee, other than from other investors?
@@goranmilic442 ask yourself the same for stocks.
no no, that was a terrible response. this is bad long term advice. hold htis for 20 years you will be very rich.
@@goranmilic442 it’s greater fool theory
People put more money in and the price goes up
It’s collectible coins
@@EricSmyth4Christ Yes.
Hello I need someone to help me trade forex or crypto market because I'm tired of trading in losses
I'll recommend Expert mrs laura to you. She's the best I've seen. She trades my fx account and makes me good profits 📈 weekly.
So you guys know her too?...
Wow she made my husband and I have our own house and car. She is awesome 👌
My first investment with her gave me profit of over $4,000 Us dollars and ever since then she has never failed to deliver and I can even say she is the most sincere broker I have known
Wow you really know expert laura ...? I'm a living testimony of expert laura, she has been trading for me for months now
She trades for me too. My first investment with Mrs laura gave me profit over $25,000 and ever since then I trade with her and it has been a good turn up
Ramsey slowly changing his mind on cryptocurrency. He isn’t so harsh about it anymore. Chainlink 🚀
Ramsey bases investment around history, and nothing around future prospects. Which means he's going for reliability and could miss out in future opportunities.
He has said it was a "good idea" for years (look back in 2017) because it's based on math, etc... but he can't openly say to all his listeners to "buy it" without knowing their individual financial situations. He would be a hypocrite if he did.
@@Lamski3 I’ll go and look. I have only seen him speak so negatively about cryptocurrency.
@@RandomCryptoHodler yeah, I guess I should clarify he has said he likes the technology behind it but has never advised anyone to "buy in". He always advises against investing in it. So you are also correct.
He is being polite.
I have been trading for sometime now following tips from youtube videos but still I find myself on the loosing side of my trades too often. Please any idea how I can increase my profit ratio
Mr. Thomas keeps me up to date and tells me the right time to buy, buy and sell
I started trading Mr. Fuller’s signals on my meagre portfolio of just a few thousands currently my portfolio is worth more than that now.
Follow the baby steps, and when the time comes, you invest and don't sell for years. Best of luck
Wouldn’t hurt to throw $50 a month towards it. If it really goes to millions like people say it would then you will still make a lot. As long as it’s a small percentage of your world then your fine.
It's kind of irrational to not put some percentage.... It's not really a get rich quick though if you invest in real projects
@ Genologic The people "saying" it will go to $1m are people who already own it and who need to find a fresh supply of fools.
@@daleviker5884you should educate yourself I’ve done very well and have never tried to influence others
I’m just here for the future comments calling dave a boomer
But he is aboomer by definition
Buy the dip lol
A RICH boomer, at that!
They are calling him that in past and present already.
Great< video and some nice tips! This is a scary time for new investors but the best thing you can do is not to make decisions based on emotions. This could actually be a good time to buy more of your high conviction stocks or crypto on a discount. Wealth is created during bear markets, not bull markets. If your portfolio is really effecting your mental health then delete the app and go for a walk. Let the market do its thing and have a long time horizon. I buy and just trade long term more than ever, I have made over 16` btc from day trading with Leeroy Walker in few weeks this is one of the best medium to backup your assets incase it goes bearish
Wow, you know Leeroy too, he has been helping alot of [people recover their losses from the crash, he's all we need right now. Trading has so much advantages as it is volatile, this is a perfect time to partake in it folks.
I invested with Leeroy too, he understands every beginners intention and fix you to a trading plan that matches your capital.
The general consensus in the Cryptocurrency Community is this: Do NOT risk more than you are willing to lose! If you can't afford to lose it then you should stay away from it because it IS highly speculative.
Which is exactly why I like investing in good stocks.
That's for any investment.
If you don't understand technology or benefits of having it, don't worry about missing out on buying something you don't understand
most of the cryptocurrency see online videos of people being millionaires and think they will get rich quick most of them just own crypto or want to trade they have 0 knowledge of the financial world. benjamin graham and others....
If you’re on the fence about investing in cryptocurrency, it can be tough to tell whether it is a good investment. For every investor who swears it’s going to change the world, there’s another saying it’s a terrible investment.
The truth is nobody knows what the future holds for cryptocurrencies. But most investors believe it as the next big thing.
It may hurt less if one plough money into it though.
@@silvafield4152 Just be sure you’re only laying money you can afford to lose because cryptocurrency is a highly volatile investment.
In addition, choose your investments wisely. Not all cryptocurrencies are created equal, so if you chose to invest, do your research to make sure you’re buying the right one for your situation.
@@elizabethdonna7443 You seem to know a lot about cryptocurrency investments. Are you an expert? I’m quite eager to invest in Cryptocurrency.
The amount of time we spend believing we
can't is more than enough time to learn how
you can.
Before you invest any money in anything, you have to be honest about what you really want to see happen. If you believe, & have research to back up the idea cryptos will increase in value over the long term (like 10 years or more) then go ahead and invest only what you can afford to lose completely. If you think, with or without research, that an asset will increase in value significantly in the next two years or less, you are just gambling and you need to stay away - whether it's cryptos, stock, real estate, anything. Speculation is speculation. Only once you can say that you are not speculating - once you've evaluated yourself first - only then can you start evaluating the asset.
02:56 if you watch/listen to enough Dave Ramsey you will pick up on all of the nuggets to support the 'diagnosis' of PTSD. Dave's entire thesis on money stems from his incredible losses in his 20s. I'm not saying its bad advice, but it is clear where his risk-aversion comes from.
Dropped 40% in two days because a tweet by Elon Musk. Sound too volatile to me.
It was much more than his tweet.
Sound decentralized to you?
It was over leveraged traders getting wiped out. You have much to learn
You sound scared…..and near sighted. Lol
Me: Saving, getting rid of debt, building a future, and an inheritance for my children and grandchildren.
Also me: Buy the dip, Shib to the moon...
Diamond hands that shib!
yeah baby whooOoOoo!!
Doge to the moon!
More like the Apollo 13 mission to the moon...
Tether Ponzi Scheme
this advice aged well
But it didn't age well
I'm up 75k in crypto
@@Crypt007Okay but thats no very common. Crypto is high risk high reward, just like gambling. He said you can make money he just said it isn’t the best investment… so they advice will always age well no matter how much you make on crypto
It's very volatile so if you dont have an iron stomach stay away.
I'm up over 200% even after latest big drop so I'm holding still.
Don’t forget about the tax man once you cash out.
hodling
@@edema.3418 why ever sell?
@@TheJonazas The only guarantees in life are death and taxes. There always comes a time when a speculator must cash out or burn.
Every investment is speculating period, no matter the risk curve or history you have on a certain investment.
People who get rich quick, typically go broke even quicker
@Ryan
He didn’t say anything about playing it safe.
Ryan You can be aggressive as long as it’s not speculation. When I picture a get rich quick scheme, I picture no plan, no strategy, just speculation. Much like Dave said.
@Ryan yes, you can become wealthy by playing it safe.
Facts. I’ll be a millionaire by 40 going nice and slow. The real problem is people’s shovels. The bigger the shovel the faster it is to become wealthy without taking unnecessary risks. Cryptos remind me of the lottery when it became really popular in the 90s and everyone was playing and you were considered a fool if you didn’t.
You couldn't be more wrong
To obtain financial freedom, one must either be a business owner, an investor or both, generating passive income particularly weekly or monthly basis. That’s the key to living a financially stability
I’m celebrating a $30k stock portfolio today. I started this journey with 6k. I have invested on time and also with the right terms now I have time for my family and the life ahead of me
Wow, really. I was able to make my $25k on investment
@@thylda7877I’m looking for something I can venture into on a short term basis, I have $15k sitting in my savings
Assets that can make you rich
*FX
*Btcoin
*Stocks
*Gold
*Real estate
You’re right but a lot of people remain poor due to ignorance
We all knew what his opinion was before we watched the video Lol
Man Dave really doesn’t understand the old fiat system is dying.
Because he's reaping the benefits of it.
@@michaelweyenberg6238 100% though he won't be able to avoid this reality much longer.
It's not dying. The Mark of the Beast is here
Dave is a real estate guy he will be fine no matter what happens. His followers who are saving money and investing in paper assets are in for a rude awakening if he is wrong.
@@bertdesantis when he wrong. It’s baked into the math. Be interesting to see how the company spins it post collapse.
Dave would quote something which says "he who hastens to get rich, will not go unpunished "
yup but notice it doesn't say always fails, your just in for a bumpy ride that might end in disaster over and over again
Learned that the hard way.
He who hastens today buy the dip, reaps greatly
over 20k in, and lost 10k in the dip, now up to 3k in loss as we speak. Now diamondhanding it for the long haul of a ride! Regrets and cares out the window!! Imma ride!!!
I put in $200 in doge and $150 In shiba. I figured it won’t be the end of the world if I lost it all and if I make money great. I’m just curious to see what it does
I did the same. It’s such a little amount to lose I wouldn’t miss it.
That's right... also that little amount in VTHO and/or BTT puts you in a good position
Great idea
Let me know what you find out.
I put $50 in doge and made $900. I plan on putting $100 in shiba and cash out at $1M.
Buy the dip honestly it’s for fun if you have your IRA and 401k in order I see nothing wrong with it otherwise I’d spend it on car parts.
Unfortunately a 401k is no longer going to even keep up with inflation. Buy and hold HARD asssets. Keep enough money to pay your bills and everything else put into something that appreciates. Thats the only way to get financial freedom in todays world.
"Investing is the tortoise, speculating is the hare, and gambling is the possum in the middle of the road." Gotta be one of the best Dave quotes I've heard in a while.
So eventually they all get run over...
@@mountainsriversandtrees1474 🤣🤣🤣
"Buy low, Sell high"
It's what the majority do...unfortunately. They panic sold yesterday on the crash and will do the same in other crashes
Im more on the buy high sell low. Never fails
Buy high sell low gang
i buy when its high
@@iNFaunTae I buy high when I’m high😂😎
I think putting moderate percentages of your total investment spend is ok as long as it’s not a large amount of total portfolio.
5:17 “It’s gambling”. “That’s what it FEELS like to me”… thanks for the investment advice based on your feelings.
A real investment generates cash. Everything else is speculating that you can sell a thing for more money to the next guy.
It’s about decentralized finance and replacing the current financial system with protocols. Code is law. This is transformative technology. Never bet against innovation.
Not quite. A real investment generates an increase buying power. A real return. 2020's dollar inflation rate was 40%. All investments are speculation, you are speculating on the dividend, asset appreciation, or in a business that customers will buy your product/services.
Was Marketing team waiting for moment like this to upload this
HELLO, I wanted to ask what is PPLI and IUL and what would be the pros and cons of it? My friend got into this and I haven't heard of it...Thank you.
I love Dave, but his stance is not always right.
I lost 100k in the dip but made 250k from it overall so do at your own risk my buddy went from 750k to 230k in recent dip
Are y'all holding is the real question
He should buy more while it's low
You only lose in a dip if you panic sell. Otherwise those are just unrealized and don't matter yet.
This is like asking Warren Buffet if you should invest in tech stocks. Warren’s nearly 100 years old and has been notoriously wrong about tech. Totally missed it. Dave is the same. He doesn’t understand what’s happening.
Guys just buy Cardano and stake for the 4%. I did the same. Capital appreciation while you sleep.
Heck yes
A Cardano guy here, cool 😉
Cardano is by far the best one. I wasn’t expecting to see a comment about that on a DR video.
@@joefunk76 me neither. I actually had an interview with Hashoshi on my channel about Cardano recently
Absolutely! You can stake Doge too. And Kishu gives you airdrops every time a transaction is made in Kishu. Diamond on Shib too.
Aslong as it's a small % of you networth, I don't see a problem.
Safemoon to the moon 🚀 🚀
The problem is it’s often losers with nothing to their name- like this guy with $3800 to his name
What would you say is a good investment that would yield a decent return
@@johnlee8619 No offense, but don't take finacial advice from people in the TH-cam comment section
That's because you don't understand finance
Every investments whether real estate, stocks or bonds are all volatile or hostile. But be ready to lose or gain. So the best bet is to invest in all sort of investment and be patient
It’s not about getting rich quick. It’s about preserving purchasing power and protecting yourself from inflation.
It's all about what you get involved with. There has been a ton of rug pulls in the crptosphere.
Rofl
Dave will never get this. He's old school and doesn't have the philosophy
nahh thats the lie you tell yourself. you invest in that bs to get rich quick and know you built a ideology behind it. theres no protecting yourself from inflation or preserving purchasing power if you have a new "currency" being created every 6 months. its all based on fugazi. even if you puut a little bit on it, we all know you wont put all your savings in there because you will not be able to sleep. its gambling, you dont know nothing about the future of crypto......
Uh... looking at recemt history Its doesn't preserve purchasing for or hedge against inflation. This guy lost his ass.
Love the statement of tortoise, hare and possum. That is such statement of complete truth of investment, speculation and gambling.
I know Dave's response by just reading the title haha
Yeah I had the same thought
This is kinda why i stopped listenening to him. Hes very repetitive. I know what hes gonna say before he says it. Its a good and bad trait.
I came here just to see all of the cryptobros get triggered in the chat 🤣
@@brandondaniels9471 and we did 😁
Meh. I have to agree with this being a get rich quick scheme, meaning you will get poorer quicker.
Perfect video after 50% drop
Same as all investment stocks.. dont panic
This video won't age well....
@@isaacmontoya9144 my investments did not drop 50% in value..
Buy the dip
Discount time.
Dave: GET RID OF ALL OF IT! JUST EAT BEANS N RICE
Hahaha yeah, that's how he'd say it
Haha... or dig a hole in the back yard or stick you cash in the mattress. Dave investing is 1980
All in on Mahatma rice stocks!!
Start delivering pizzas
what do you do when beans n rice go up 400% with inflation Dave?
ETH
Nah. Ada
Shiba inu
Boxing Expert Ada smarts contract 🤮🤮🤮🤮
@@boxingexpert9065 BOTH and Mana
said in a perfect time :) but today is going back up again :)
Dave Ramsey is the old guy who gets angry at his iPhone for not working when he really just doesn’t know how to use it.
Terrible financial advice. Crypto as an asset class is 100% legitimated and you have cost your followers millions bashing btc but you know nothing about it
I respect the true experience admitted here that educates as certainly as it possibly can for the ones hoping to learn
I do not know Mr. Coleman, yet I can sense that he is likely a very nice guy - he reflexively smiles at the beginning of each question;
each
and
*every*.
@Leroy Brown I apologize! I had forgotten that. 😳
Is this still a question in 2021? All my students doing great
Can't thank you enough for all you do
@@kellyrhylea2123 how can i find him please?
@@kellyrhylea2123 same here
@@chilalidyani6499 you really need to, his down to earth and will help you
@@chilalidyani6499 ask him directly, hos always willing to help
The ultimate plan do both safe and high risk. Best of both worlds.😎
Thanks for watching chat
Mrs loveth Patrick
W•h•a•t•s•a•p•p• m•e +1•(2.1.3)•4•4•4•0•8•1•2••••
F•o•r M•o•r•e G•u•i•d•a•n•c•e••••
Thanks for the video. Any thoughts on Kuma Inu? Some are saying that it may be the next Shiba Inu, but with additional utilities. It's skyrocketing.
Dave Ramsey gives excellent advice to his target audience.
There's nothing at all wrong with putting a portion of your portfolio into high-risk stuff.
Agreed. Risk adverse levels also depends on someone’s age. A 45-55yo does not have time for 20 year ROIs. Well they do but who wants to achieve financial freedom at 69 years old? No one
How's that high stuff working out for yeah risky enough
yes because you wouldnt be able to sleep knowing you gamble
High reward too
@@happynurse8706 Working out very well.
I have learned the hard way repeatedly that deliberate, steady, methodical, consistency is what wins. No true way around it.
When/where does the show air live?
It would be fantastic if Dave Ramsey interviewed Michael Saylor to ask if bitcoin is a good investment.
You know Saylor, it is the bitcoin goob with 10x Dave’s net worth.
An old time boomer like Ramsey would never do that
Maybe Saylor needs a smartvestor pro for his mutual fund
Finally bought a little DOGE yesterday, up 30% today. They can have it back when i get to 100% gains.
I like how Ramsey says that because there is no one path. People invest differently and it is whether you can live doing that or not. My uncle became rich off of restaurants too but it is also a high risk investment like everything else. Elon Musk who is the greatest entrepreneur of our time would say that Tesla nearly went bankrupt and he had only a decision between funding SpaceX or Tesla so what he did was invest in both in hopes that they will fly.
Can anyone answer this: what % of people per generation became wealthy by stocks? And what % of people per generation has become wealthy by crypto? (I believe that crypto has the highest chance for people to become wealthy. Literally can't find this info)
Most volatility and risky, volatility is fine but risky is not.
The same things were said about the internet and email.... Learn blockchain and understand what the future is... Buy large-cap companies and hold long-term.