Just buy the Nasdaq, have 10-30% of net worth in BTC, have no debt (including a mortgage), and aggressively throw money into these investments. Sleep well at night.
I guess we'll find out in time. Palantir doesn't sell to China, definitely picking sides like that. Not surprising, as they have big contracts with the US military.
As long as everyone expects it to spike up it will not. This whole cycle may end as a dud and then everyone will forget about crypto. Then it will take off again next cycle because no one is expecting it.
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Just buy the Nasdaq, have 10-30% of net worth in BTC, have no debt (including a mortgage), and aggressively throw money into these investments. Sleep well at night.
I agree about being diversified. I don't undertand the "all-in" one stock or asset people, it's super-risky, no matter how safe it may seem.
Thiel lost me on "50% chance China invades Taiwan" 🙄 This is just an American military fantasy...
I guess we'll find out in time. Palantir doesn't sell to China, definitely picking sides like that. Not surprising, as they have big contracts with the US military.
As long as everyone expects it to spike up it will not. This whole cycle may end as a dud and then everyone will forget about crypto. Then it will take off again next cycle because no one is expecting it.
It has been a roller-coaster for sure. Sounds like Thiel thinks it won't continue to be.
The question to ask is "How weak is the US Dollar going to get?".
Or will it lose its world reserve currency status at some point?
Spoken like a guy who holds a massive stack
Massive of stack of diversified assets, including still some Bitcoin. Just not as much as before.
The issue I have with this video is there was no elaboration on why he thinks that....
Because he has no evidence
He does a bit more in the orginal interview, which I just found. Might do another vid on that.
There’s a man who isn’t afraid to prove his lack of knowledge
He has done very well in investing though...
Thiel is the same guy complaining about the grampa from omaha and how he did not get bitcoin. Now that they are adapting he is mad. F him.
Yep, same guy. I think he just said that for the attention.
He can't form a proper sentence without stuttering why bitcoin won't go up. SO TRUSTWORTHY lol
What do you think of Peter Thiel's assertion that the bitcoin won't rise dramatically from here?
dont buy it, its a scam lol
@@arnonabuurs7297sounds like someone bought at the top or got rugged and thinks all crypto is a scam 😂