Is It Too Late To Buy Bitcoin?

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  • เผยแพร่เมื่อ 1 ก.พ. 2025

ความคิดเห็น • 59

  • @HonestMoney
    @HonestMoney  10 หลายเดือนก่อน +3

    ▶ Follow me on Twitter: twitter.com/darrenthedegen

    • @kbtred51
      @kbtred51 10 หลายเดือนก่อน

      COMMENTS CAN BE DISABLED

    • @sdkund5005
      @sdkund5005 10 หลายเดือนก่อน

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  • @nicolasbenson009
    @nicolasbenson009 10 หลายเดือนก่อน +106

    I'm admittedly bummed that I didn't go with my gut instinct & buy bitcoin few months back when it was $20k - $25k range. is it too late to get in and make profits? i have set aside $450k to get fully invested this year

    • @Suleferdinand
      @Suleferdinand 10 หลายเดือนก่อน +5

      i don't think it is. Once bitcoin crosses it's all time high, it becomes the new bottom. Anything under 69k is a good buy. It's still advisable to work with a fiduciary advisor instead of relying solely on speculations

    • @hersdera
      @hersdera 10 หลายเดือนก่อน +4

      The only issue you might have is the fear of missing out, just like everyone else. A good number of people discredit the effectiveness of financial advisors in exploring new market opportunities, but over the past 10years I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure.

    • @CraigLloyd-fz6ns
      @CraigLloyd-fz6ns 10 หลายเดือนก่อน +4

      great gains there! mind sharing details of your advisor pleas? i've started gaining more cash flow with my employment and looking at putting money into stocks and alternative assets that can help build wealth over time

    • @hersdera
      @hersdera 10 หลายเดือนก่อน +4

      Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Melissa Terri Swayne’ for the last five years or so, and her returns have been pretty much amazing.

    • @Derawhitney
      @Derawhitney 10 หลายเดือนก่อน +4

      Thanks, I just googled her full name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.

  • @_UpVector_
    @_UpVector_ 10 หลายเดือนก่อน +8

    The statement that you buy it “to make money” is limited. As a matter of fact one might buy it because the governments are stealing his savings through inflation and there are no alternatives that can save you from that.
    Gold is expensive to store and move, comes at premiums, hard to verify and to divide.
    Houses are too expensive to buy without exposing yourself to mortgage interests and then you must pay taxes and maintenance.
    Bitcoin gives you the best of the 2 worlds - if you can stomach the volatility for 3-4 years.

    • @RabJ208
      @RabJ208 10 หลายเดือนก่อน

      To make money in Bitcoin, someone else has to lose money. It's a ponzi scheme.

  • @talharama7892
    @talharama7892 10 หลายเดือนก่อน +9

    Buy on exchange then withdraw and learn to self custody bitcoin

  • @jdfb123
    @jdfb123 10 หลายเดือนก่อน +2

    good man. I hope my comment about doing more crypto content on your last video has something to do with you doing this video!!!! Keep them coming.

  • @jaseperi
    @jaseperi 10 หลายเดือนก่อน

    At the end of 2020 I sold all my properties and put 6 figures in btc/eth, around 90% of all my cash at the time, mad i know! I left it and focused on building my business. I recently exited when my investment doubled, I have all my money back (plus a bit more to cover taxes) and have the same 6 figures in crypto to play with; I am so lucky!
    Just an example of how crypto can make life changing money. But only put in what you're OK to lose.

  • @georgez5201
    @georgez5201 10 หลายเดือนก่อน +8

    1 bitcoin = 1 Bitcoin only. Fiat money just devaluates over time.

    • @nightwalker3740
      @nightwalker3740 2 หลายเดือนก่อน

      1 bitcoin is more than 1 bitcoin beause as time goes , more and more bitcoins are burned and lost forever.

  • @simoncelt5590
    @simoncelt5590 10 หลายเดือนก่อน +1

    Avoid the rush - am buying £1 of BTC daily (also called DCA)

  • @simont4708
    @simont4708 10 หลายเดือนก่อน +2

    btc and other alt coins have the potential to change your life. Other investments rarely will.

    • @trusunk
      @trusunk 10 หลายเดือนก่อน

      And most gamblers quit just before they make it big 😊

  • @maxilopez1596
    @maxilopez1596 10 หลายเดือนก่อน

    People should focus on really understanding the thing, then DCA over a few years. There will be another bear market eventually. You need real conviction to keep buying during the bear.

  • @AnonAtry
    @AnonAtry 10 หลายเดือนก่อน

    It's already topped out, I have invested in most cycles and previously always got greedy and though every time I have made a few thousands, it was a lot less than I could have done. This year I timed it perfectly and have already sold all positions. Don't become a bag holder guys :)

    • @Dahni555
      @Dahni555 10 หลายเดือนก่อน

      Good that you already got out but it's not even started yet. Halving hasn't even happened yet. Look at plan B stock to flow.

    • @Part4cartksks
      @Part4cartksks 10 หลายเดือนก่อน +1

      You feel like the bull run is over? It just reached prior all time highs… it usually multiplies that by a lot. Right now is in a correction, but dont you feel that after the halving is going to really blast?

    • @AnonAtry
      @AnonAtry 10 หลายเดือนก่อน +1

      @@Part4cartksks halving event has already been priced in, I'll be waiting for it to go down another 30% atleast before I start buying again

  • @andrewtaylor6737
    @andrewtaylor6737 10 หลายเดือนก่อน +1

    Wished id bought more Solana, climbing high! Really hoping XRP will turn good, but Bitcoin is still the leader!!

    • @ashleym3121
      @ashleym3121 10 หลายเดือนก่อน

      Should we sell solana now?

    • @andrewtaylor6737
      @andrewtaylor6737 10 หลายเดือนก่อน

      @@ashleym3121Many are saying, it will continue to climb🤷‍♂️

  • @formetoknow540
    @formetoknow540 6 หลายเดือนก่อน

    When u sold ur house u should of bought btc and sell a few now (meaning the ath them)to buy a house

  • @paulcoates3860
    @paulcoates3860 10 หลายเดือนก่อน

    I bought it after it crashed to £17,000 from £27,000, whats it now?? I can afford to loose a few hundred, buy gold instead but ur a bit late it's going up

  • @nsoul4296
    @nsoul4296 10 หลายเดือนก่อน

    I prefer long term charts like meta, google and apple. Not a fan of spikes.

  • @mixn44
    @mixn44 8 หลายเดือนก่อน

    UP 150% in 12 months. & you can buy a used car from a UK dealership network of 650 the last time i looked.

  • @stefan-andreisava8264
    @stefan-andreisava8264 10 หลายเดือนก่อน

    People buying in now are called "Exit Liquidity". BTC should have been bought when it was 17-18k

    • @ph8077
      @ph8077 10 หลายเดือนก่อน

      But at that point many high-profile people in the space were predicting as low as $9k, the reason that market psychology works against prospective buyers.

  • @change2023now
    @change2023now 10 หลายเดือนก่อน +1

    Lol at the disclaimer about the comments section. This tells you everything you need to know about the crypto ponzi scam😂

  • @whoareyou8167x
    @whoareyou8167x 10 หลายเดือนก่อน

    Should have bought it years ago like I did when people saying it was going to zero!
    Retail buy high sell low 😂😂 When it’s $100k+ new video “should you buy bitcoin now” 😂

  • @ApexCypher_
    @ApexCypher_ 10 หลายเดือนก่อน +4

    Bitcoin is the best performing asset in the world over the last 10 years.

    • @RabJ208
      @RabJ208 10 หลายเดือนก่อน

      Bitcoin is a player vs player gambling scam.

  • @RabJ208
    @RabJ208 10 หลายเดือนก่อน +9

    Crypto is player vs player. For someone to make money, someone has to lose money. It's basically gambling. Avoid.

    • @ifell3
      @ifell3 10 หลายเดือนก่อน

      Not at all on both accounts. You need to make educated trades from the TA. Gambling is a game of chance, or probability depending on the game. If you want to be greedy then you will always lose. You need to take a nice wedge out of the volume.
      Currently I wouldn't get in now until a pull back plays out. Currently we are over brought and showing bearish divergence. But 10% possibility it could make new time all highs but then crash.

    • @ponyardtv1175
      @ponyardtv1175 10 หลายเดือนก่อน +1

      False if the market cap grows, your logic for meme coins works though

    • @RabJ208
      @RabJ208 10 หลายเดือนก่อน

      @@ponyardtv1175, I'm right. Point out specifically why I'm wrong.

    • @RabJ208
      @RabJ208 10 หลายเดือนก่อน

      @@ifell3, all gamblers try to make educated decisions to increase the odds of winning. The local dude at the bookies betting on a horse is no different to someone gambling their with crypto from their laptop.

    • @ApexCypher_
      @ApexCypher_ 10 หลายเดือนก่อน +2

      Confusing Bitcoin with crypto is your first mistake.

  • @Adelrawas1
    @Adelrawas1 10 หลายเดือนก่อน

    You terribly predicted the house market, you then decided to atart talking crypto lol

  • @milkyporridge5929
    @milkyporridge5929 10 หลายเดือนก่อน

    It’s coming down now probably not worth buying it

  • @veselinborisov970
    @veselinborisov970 10 หลายเดือนก่อน

    Bitcoin will drop to 30k even lower, then I ll buy one. or maybe two who know

  • @Bigbushape
    @Bigbushape 10 หลายเดือนก่อน

    🤣🤣🤣