Is it a good idea to buy cryptocurrencies right now? Will there be a decline in the price of bitcoin this year despite frequent assertions that the market is active? How quickly will coins return completely? I have no idea how other dealers in this market manage to produce profits of more than in a single year, to be completely honest.
Despite the current economic crisis, I also found that many people are still making six-figure salaries; the only difference is that these tactics are commonly used successfully by those who have a good understanding of the market.
You're not doing anything incorrectly; you simply lack the expertise to capitalize in a down market. Professionals with extensive expertise who must have witnessed the 2008 crisis are the only ones who may profit significantly during turbulent times like this.
@@AnthonyHart34 With Ruth Loralann Brennan’s guidance, I've been investing for a while, and I couldn't be happier. Her company offers the broadest financial guidance currently accessible, has given me the best ROI while safeguarding my capital. It never squanders my money on dangerous speculation or poor risk-management techniques.
@@belginberk3443 I promptly did some research on Ruth's past. She can control herself well. Her credentials are solid, and it seems like she was the subject of a careful examination. Foreign investors from countries other than the United States can also use her services
@@terryt1727 bitcoin is a bubble, it does not matter the price gping up. Bitcoin has not intrinsic value, ypu cannot melt bitcoin and make a belt out of bitcoin.🤣 It is a fiat digital money just like fiat paper
I posted on this video a year ago kevin owns Bitcoin. Hes a dirt bag he wont ever steer fans in n the right direction. Look what he blamed on his wife 🤣
I have learnt in recent months is to remain calm, especially when it comes to investments in cryptocurrencies. Learn not to sell in panic when everything goes down and not to buy in euphoria when everything goes up. I will advise you all to forget predications and start making a good profits now because feature valuations are all speculations and guesses. The market is very unstable and you can not tell if it’s going bearish or bullish. While myself and others are being patient for the prove to skyrocket, I would say trading with Paulson Dmitriev, has been going smoothly for me. I have accumulated over 3.6BTC , with he's masterclass trading strategy…Stick with BTC,ETH,ATOM,ALGO,APE,SAND.
seems obvious, but let me explain. Being disrespectful to guests who are genuinely trying to have a positive conversation is not the most, well, respectful thing to do.
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 crypto. Wealth is created during bear markets, not bull markets. I buy and just trade long term more than ever, I have made over 4.5 btc from day trading with Paulson Dmitriev in few weeks this is one of the best medium to backup your assets incase it goes bearish, Stick with ETH/BTC/CRO/DOT/NEAR..
Matrix-Unplugged Everyone is dumping on Kevin, which is easy, but Kevin is a busy guy, he doesn't have the time for researching the theory of money and economics, so all he has is his initial assumptions. The Bitcoin guy wouldn't have convinced me with his arguments either, they're absolutely dreadful. Bitcoin is not valuable because it has a limited supply (a trustworthy, predictable supply is important, not a limited supply). If that were the case, could I just make a crypto with 1 unit of supply and then suddenly it will have more value than Bitcoin? Bitcoin is also not valuable because it has the highest market cap or because it has been around the longest. Bitcoin is valuable because it's the most secure way to store and transfer value on the planet, full-stop, period. Ask Kevin to think of a more secure option, and he won't be able to legitimately name any. USD is not as secure. Leave USD under your bed for 10 years and it will lose 20% of its value. Sure, you can leave your money in a bank, but what will happen when USD banks have to compete with Bitcoin ones? The cost of USD's inflation will be a market disadvantage. They cannot and will not survive market forces. Simple. Even if the US government collapses, Bitcoin will still be around. The same can't be said about USD. And it's this understanding and belief that drives BTC's price, not pure speculation.
Matrix-Unplugged, I agree with that statement. What was funny, is that he said he wouldn’t take his “real money” and buy bitcoin... As if that dollar was real money. These old farts better wake up.
What is the possibility of making decent returns for short term investing? I've been reading success stories of people that make a total return of upto $75,000 monthly profit from their investments and I'd really love to know how to go about investing to make huge 5figure returns monthly
Use a risk management strategy when trading with hard stop losses and clear targets of when to take your profits. Or just buy ETFs every month for long term, similar to saving but it’s rather boring
@Sarah Arkwins As a newbie i am happy with what i have found about the mentioned financial assistance on the internet and have mailed him for assistance.
So O'Leary put $100 on coinbase and bought everything there, totally ignoring that, at the time, he was catching the tail end of a massive bear market ? Of course he only has $30 left. Word of advice, don't ever hire O'Leary as your investment adviser.
@@Damannis It's tempting to vote "shill", but my instincts tell me he's just opinionated & stubborn. I think he enjoys playing the role of a bitcoin debunker, but the other problem is, he's entrenched himself in his position on bitcoin for too long & too deeply, so now his pride won't allow him to recant, even if he realized the truth.
Don't watch CNBC unironically, this is the same network that yelled and screamed and jumped up and down that housing market was totally fine 12 years ago
@@jpnz Dont worry, fiat wont die in his lifetime, in spite of all the yt videos that have been calling it since 2012...every year there is a new video saying, ok, this year fiat will definitely die and the economy will crush...
It is tho. This is why we invest our currency and when it goes up we want to withdraw to our real currency. Cyrpto is still not widely used to pay for things in everyday life.
The USD is tied to the productivity of the US government. That's why its worth more than the Laos Kip or the Vietnamese Dong. The USD is backed by the US military, they have way more guns than Bitcoin.
Of course the U.S. dollar is supposed to be backed by gold and labor and the war on terror. Now the dollar is a scam so dont compare the two lol. Now if crypto would be backed by a natural universal resource than I would buy it, now it's backed by technology and we all know this can become corrupt to the ones who can own it like maybe Google... I see a technology dictatorship brewing among chaos!
@@piotrjasielski if my point is so hard to understand then you are too dumb to have a conversation with..may be I should start my shitcoin and sell you some.
@@bouloshijazin5129 No, it just proves you failed to substantiate your reasoning and you try to play a smart guy while clearly you're not. Resorting to ad hominem is only further proof you have nothing essential to say.
So, this is the video where Kevin says he'll NEVER put 'real' money Dollars into crypto garbage.... Will everyone please do me a favor and up vote this comment in a few years time when it is referenced as proof of Kevin's change of opinion?
I HAVE BEEN MAKING LOSSES TRADING MYSELF...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?
That is not true. There are gateways that allows changing BTC into USD, so that dollars come into the IRS. They Don't accept bitcoin as payment for taxes. I'm a crypto maximalist, but a lot of news is misprinted. And yeah...Kevin doesn't have a clue, and Pomp could have nailed his ass, but failed to do so. Censorship resistant, open, borderless, immutable, transparant, fixed amount, decentralized...he didn't name one of them. How about...which asset that you can send to the other side of the world CANNOT be confiscated?
Ok engage me. So he says people use the US dollar and it doesn't have anything backing it to which I say BS because it's backed by the full faith and credit of the US, it's economy, it's banks and most importantly it's military. So how the heck does crypto even come close? Plus this stuff is easier to track than cash so it creates a much larger nanny state. What problem apart from it being against the US dollar does the crypto crap do? Plus if it's all digital doesn't that leave people vulnerable to theft and hacking which completely destroys their wealth in seconds?
El Gerardo Edwardio You guys are all idiots, bitcoin will go to zero, I bet most of you back when it was closer to 11K or 12K and own it at a loss, thinking you would be millionaires by now lol
"I think there is a world market for maybe five computers." Thomas Watson, president of IBM, 1943 "Television won't be able to hold on to any market it captures after the first six months. People will soon get tired of staring at a plywood box every night." Darryl Zanuck, executive at 20th Century Fox, 1946 "There is no reason anyone would want a computer in their home." Ken Olsen, founder of Digital Equipment Corporation, 1977
@@Mega-Tales both of those things are vastly different from where they originally began... If you're saying that Bitcoin is going to change durastically to improve it's functionality and utility I guess they are tangentially related
@@GEM4sta ... My thoughts GEM.. I've been researching because I was thinking that it feels like Bitcoin is outdated tech? I mean, just think about it; even something as simple as Litecoin does EXACTLY the same thing, but in a "lite" way. Another example? Ethereum does practically the same thing in terms of the token/currency exchange, but it also offers dApps, smart contracts, etc. Another example? Ripple? So, besides the network effect... and the fact that the creator is anonymous... What exactly does BTC offer that does not make it outdated? And, do we really think BTC would update in such a way that makes it more effective than some coin/blockchain tech. that is built SPECIFICALLY for something amazing? Thoughts?
@@MikeYeah Essentially, yes. This is my problem with their analogy. To say computers will be massively popular is different than to say a computer will be massively popular. That prediction was basically correct if you're considering only the current computers they had. People like to say that crypto is more about the technology than the currency... But investing in bitcoin is not really investing in block chain technology. When we're talking about currency, it's very important that it is consistent, no? I would assume people don't want their digital currency to be constantly updating. In my mind, this inherently gives new coins a technological advantage, in that they can experiment and ultimately achieve a better system than bitcoin. In my mind, it is inevitable that some new coin will be better than bitcoin, if they are not already (they are). The real problem with crypto in general is that it just doesn't make any sense why you'd want it. It's technology, sure, but it's not necessary technology. For me personally, I'm very surprised that it has come this far.
Haha! Everyone at this table besides Pomp, especially Kevin hates it because they don't understand anything about it. Kevin, the USD is not real money - its currency, and currency and money are not the same thing!
I see the future in trading crypto market, especially bitcoin with the high rate of move from the market. Its quite encouraging the aim is earning enough and consistent investment matters a lot with proper portfolio one can make millions in a month depending on your investment and your directive. Trading bitcoin is a lucrative way of making money online.
"I bought the crypto crap and lost 70%" he says.... Lol sounds like you fomoed in and bought the top.... Shitty call for someone who's known for being a "smart" investor.
I know right, you would think someone as wealthy as Kevin would know when to buy and sell. Or maybe hes just trying to make people scared so he can buy in at lower price lol
@@hardy2175 Okay so Captain Arnoldz already wrecked you but I wanna add to the fact so you look even more ignorant. Bitcoin is backed by the immutable ledger and BLOCKCHAIN technology. The immutable ledger itself is worth trillions of dollars.
@@privatewins5856 An immutable ledger that is public and allows the public to write to it. We are entering an age where history is no longer written by the winner, it is written in the Blockchain. Future generations will look back at the birth of the internet as secondary in importance to, and mostly because it allowed for, the birth of Bitcoin.
What value does bitcoin have ? Someone tell me other than you and I agreeing it has value. What can I get with it other than exchanging it for FIAT money or a service ? But at the time I paid for that service it had a value of X but 1 month later it can have either - or + more value so how do you price the service in other than to its equivalent of FIAT ? If I have no access to the internet, how can I use Bitcoin ?
UltraInstinct crypto currency isn’t considered currency, it’s considered property according us tax law, just gold and silver. The constitution says gold is money, but our tax code says it’s not money or currency. So either way, whether you own stock, gold or Bitcoin, it has to be exchanged for US dollars to pay your taxes. So he’s not comparing apples to oranges. Taxes are paid with the US dollar. If you have an equity or property it has to be converted to dollars to pay under our current tax system. That’s not the fault of Bitcoin or Amazon stock.
i feel those who would allow the market dynamism to determine when to trade or not are either new in space in general or probably just naive, the sphere have seen far worse times than this, enlightened traders continue to make good use of the dip and pump even acquiring more equities towards trading sessions, l'd say that more emphasis should be put into trading since it is way profitable than hodling. Trading went smooth for me as I was able to raise over 9.2 BTC when l started at 1.5 BTC in just few weeks implementing trades with signals and insights I would advise you all to trade your asset rather than holding for a future you aren't sure about
You Idiot the technology is blockchain and not Bitcoin itself. Just because blockchain will stay for years to come does not mean bitcoin will too. Bitcoin is just speculative investments and does not really represent any real value behind it.
@@fartexpertable When did I say anything here that you've just accused me of? Read what I wrote! I stated nothing about the disparity between the underlying blockchain technology and Bitcoin itself, you just imagined that and responded to your own projection. Anyway, not that Kevin O'Leary would even know the difference between blockchain and Bitcoin, he's dismissed way before actually putting in the effort to understand it. Anyway, why are you so upset about my comments? Is he your dad or something?
@@Paulipogbi So if someone bought BTC at less than $100 and never sold and now it's worth $7,000, well that sure seems like a pretty big income to me. And in less than 8 years. Pfft. Carry on with your real estate pumping ponzi investments. You winning.
@@norepetitivebeatsto put it into perspective, Bitcoin has grown 70x since that $100 price. Netflix has grown 81 times in that phase. Many more people bought into Bitcoin when it was $15000 than when it was $100. Read.
Great interview POMP!. What Kevin O'leary doesn't understand here is blockchain, he really shouldn't be ignorant and research, why its been the best performing asset in the last decade. Bitcoin has more reasons of intrinsic value than majority of assets. Bitcoin has great low cost and quick Remittance transfers, Highly cryptographically secure asset, High divisibility,Total Transaction transparency, Fixed supply asset and the fact that you don't need a bank to transact with bitcoin which rids you from overdraft fees, monthly fees, withdrawal limits, spending limits, Bank holds, Weekend Pending settlements and best of all, Quantitative easing. This is a Phenomenal asset, the likes we've never seen before, I recommend people take the time to realize how impactful blockchain can and will change the world.
Retrofred ! Exactly how a lot of ppl viewed tech companies in the dot com bubble. Recognized the bubble and thought they were all frauds. Then they regretted not holding onto those FAANGs. Thought they were being smart like Kevin rn. The intrinsic value is in fact there, most ppl just don’t understand blockchain enough to see it.
Yeah, a level of discernment is needed, which is exactly what the bald guy does not have. Consider his buy of every crypto indiscriminately, opposed to researching and understanding what is crap and what might not be. But hey, he's white, he doesn't know any better
Mr. Oleary is intelligent as he is wealthy. The problem that he has is his resistence to new technology. Look at his statements when the internet debut. He said almost the same identical thing. "The internet is crap" "It'll never replace the type writer" I would never invest real dollars into fathom hype failing investment" ect... Point incase is Oleary is an old school hack just like his dungeon buddy Warren Buffet. When the real value of BTC and all Utility driven ALT's explode like anything we've seen b4 both of them will lose what little hair they have left.
@@OfficialXAntiDote Exactly they have been creating them out of thin air. That is the scary part. I am keeping a larger % of my Savings in BTC and Gold . With the Tariff Wars we are about to experience the dollar weakening and everything going up in cost.
People like Paulson Dmitriev are hard to come by these days. I was in his last conference in Germany, he is such a great teacher. I enjoy his account management services it saves me time and let me focus on my job.
@matthew crane Their cash flow is negative $690 million so technically they have less cash flow than btc. BTC having zero cash flow is kind of irrelevant. How much cash flow does oil have? www.marketwatch.com/investing/stock/khc/financials/cash-flow
The usd and its power is the reason why china haven't caused problems to the us regardless of the US debt to china.. When bitcoin have that impact then its possible.. Maybe it gets used to pay taxes all around the world after 100 years, minimum
I pray whoever reads this should become successful. keep fighting for success. the rich stay rich by spending like the poor and investing why the poor stay poor and be spending like the rich yet not investing. Roar! Invest earn and be successful.
this interviewer is frustratingly smug and dense: please keep buying equities dropping references to teaching at Harvard. Next generation will happily watch you wither into dust.
Superb podcast by the hosts. With the markets having less order executions; situations like this are best hedged with sustainable positions especially bitcoin inverse contracts, as price strongly deviated against its long term mean average. The further it deviates the more momentum for a reversal to the upside. whales are currently in a liquidity grab at the lows. I've had series of trading losses I'd best not mention before being introduced to Mr. Callum Lucas. His careful guide and employing his Signal for my trades orders has been a great experience. Callum's signal algorithm are based on combinations of unique strategies.
Sometimes realistic factors discourage people from reaching their goals in life. I've tried investing in crypto several times but always got rected by volatility. Will definitely reachout]
Well done Pomp! You stayed cool under fire, and planted the seed in Mr. Wonderful’s head back then. He’s quite a believer now. Thanks for doing what you do!
Fees on Coinbase are crazy, like 1.5% to buy then 1.5% again to cash out. Lucky for us Bitcoin and Ethereum posted 5x and 10x returns in the past year.
Pomp is so great in these interviews. Calm, well formulated and reasonable. But whyyyyyyyyyy does he like all this stupid shi* on Twitter which spams my feed.
Bitcoin and Forex trading it's a trading platform were you invest with a minimum capital, you predict the outcome of foreign currency if they will either fall or increase, it's like you are placing a bet, but the good thing is that you are knowing the outcome before you predict, that's why profits returns are always on the high, but by doing this, you need an experienced account manager who can help you with the basics and trades for you.
if you are considering entering the crypto universe or if you’ve only recently made your first investment, you might still be exploring the benefits of bitcoin as opposed to your online bank account or digital wallet you are used to.
The greatest benefits comes when you turn bitcoin into a business or source of income by TRADING with the help of an expert to advise and guild you with the right strategies to help you maximize profit and manage you portfolio effectively.
He also bought a bucket of shitcoins... what if a guy comes to O’Leary and says the stock market is garbage because he bought a bucket of penny stocks and the average return sucks! 😂
Perhaps Kevin didnt expound this as it should have been. Its not really about disruptive tech, or whatever technology a new investment is driven by. Investing is always about capital preservation. Bitcoin is a "yolo" asset because its highly volatile. Comparing it to amazon is a boatload of crap because bitcoin is about belief. If people dont believe in bitcoin anymore, its worthless. Out of all the cryptocurrencies which ones do you think are going to come out on top? Short answer is nobody knows. Its really like Vegas. Not trying to say that it can't constitute a part of one's portfolio, but if it takes up a a size not commensurate with the risk youre taking, youre essentially just gambling.
Wilson T fair points. In my opinion, you’re right that Bitcoin and AMZN don’t compare. One is a single company, and the other is a new asset class / international currency or gold 2.0. Bitcoin lets you send any amount of money, anywhere in the world, within 10 minutes at the cost of a postage stamp. This is not a “ belief”, it’s a fact. Those like O’Leary who don’t get this game changer are better off sitting on the sidelines. With Bitcoin, you just rolled out a public domain Visa network / international DEFLATIONARY currency and it’s still being “funded” by the public. Its been building up over the last 9 years is not going away anytime soon. To replace bitcoin would take at least another 7 years or so. Which cryptocurrency will do best? Well “first to market” is key here. Also Bitcoin wins the now tried and tested “online store of value” functionality (aka digital gold). Bill Gates once called the Internet just a “fad”. Buffet calls bitcoin a Ponzi scheme. Just because you’re super rich doesn’t mean you’re always right. Just ask their wives.
@@studentchaoren9805 Very fair points across the board. Without a doubt, cryptocurrency is here to stay, and I am not denying its potential in making transactions more secure, accountable, etc. However, you can't say that these people (Buffett, Gates, O'Leary, etc.) don't get the technology, it just does not suit their risk appetite. In my unqualified opinion, I feel that it is hard to choose the right cryptocurrency to bet on, and bitcoin having the first mover's advantage doesn't help. "Tried and tested" is just a term for using the backview mirror. You can't drive just by looking at the backview mirror. i.e. the past does not equate to the future. What I meant by "belief" is how many modern day currencies are valued (including crypto). You need volume and market share, among other things. Metcalfe's law. But what if fewer people believe in it tomorrow? Until the day people don't view it as a speculative asset, cryptocurrencies will never be currencies. In a rapidly changing world, anything can happen, including the fact that people dont believe in mainstream fiat currencies anymore. But if I were to make a bet, I'd still choose fiat because the probability is much less likely as opposed to a single crypto, or some diversified portfolio of crypto. Based on what you said, by some calculations, bitcoin would take at least 7 another years to be replaced. However, what's to stop everyone from eventually knowing this fact (assuming it is a fact), and exit earlier? When this happens, people will start exiting earlier in droves. Essentially game theory. To conclude my points, I wouldn't even put my money in it believing that it is "gold 2.0" because of its inherent volatility. I (like many others) can't sleep at night knowing 1 day my net worth is up 200% another day my net worth is down 80%.
Wilson T fair enough. BTC is $7,775 today. Let’s tag this here and if we return to this topic in 12 months, then I’m curious to see if it hits $50,000 by then.
Credit is a belief system. Barter system is believe. Gold and silver is a believe and gasoline for your car is a believe. Bitcoin hides under that idea.
Kevin O’Leary you are making “1% interest” on an asset that has an average of a 2% inflation rate... you’re making -1% interest a year, and you can make 6% interest on your bitcoin which is also deflationary in nature... this video won’t age well lol
Lesson: Don’t ever listen to anyone give advice on a topic they clearly don’t understand! Kevin does NOT understand Bitcoin! On the other hand, Anthony clearly knows his stuff on the topic.
I can invest my money on ETFs right now and get approx 7% of profit every year (data from the last 200 years of stock market) and keep doing that for 40 years and ill be a millionare. If I invest the same amount in bitcoin over 40 years, chances are ive either tripled my money or lost all. The blockchain or similiar technology is future. Bitcoin itself is not.
Videoforum Hi, You’re somewhat like our dear Kevin, you know about something you speak of, in this instance stock market returns, but you know next to nothing about Bitcoin!! Good luck to you whatever you choose, particularly if you’re going to wait for 40years!!
Kevin does exactly what everyone else who has positions in gold. Publicly slam Bitcoin to keep it from overtaking gold, secretly buy it in order to hedge.
The argument that Bitcoin is worthless because it has no intrinsic value is a poor one. With that same argument, technically any paper note issued by a bank is worthless as well. We just accept the value of paper notes (dollars) because of its mass adoption. If cryptocurrency is adopted by many stores in various countries, then it of course has value.
The point is it has no intrinsic value as an "investment" like real estate for example. Bitcoin is supposed to be a currency but people don't use it that way. They buy it and hoard it hoping the price will go up so they can cash out. Nobody (maybe some people) does that with actual currency.
@@jamescrud good point. Also paper money has no intrinsic value, but it is backed by the government, thereby giving it value. But crypto on the other hand, has no government backing (it is meant to be decentralised). It's just figures on a screen, it's almost no different from a game's currency.
It's funny that he uses "game" as a pejorative. A game is not necessarily positive or negative, and basically anything can be a game. Games are all around us, you can't escape the game until death meets you. ..and that's not even for sure. He looks really stupid here.
Woah I thought I liked Kevin! He doesn’t know a thing about crypto! “A game” “I bought all of them” What the three that were on coin base at the time ???hahahahahah
Tyler Swan btc is worthless. It’s never going to be a actual currency. Really all block chain for that matter. There is no need for a new currency system.
I keep dealing with the banks crap hours Crap speed Crap customer service BTC most of the time is better and faster. BTC works on holidays and after 6pm
Lying to people is one of the strategies for rich to stay rich, Bill Gates talked bad about BTC back in the day, and said that he only owned a few because it was a birthday gift, yet Microsoft was testing BTC to develop on top of it.
All of you in the comments 6 months ago are shitting on Kevin and saying this young guy is right about everything but bitcoin has only gone down in a 6 Month period... it holds no value
@@jwonz2054 Hah.. tell that to Venezuela or Zimbabwe.. or Russia.. or Belarus..Turkey, Argentina... should i continue... or im out of counting these countries that had hyperinflation in a few DAYZZZZ
@@mockingbird12 and if someone gains 51% of the blockchain compute, or breaks the encryption, the value will be even worse than poorly managed country currencies!
@@jwonz2054 You may try to break the encryption. You will in 2-3 hundred years maybe. 51% will cause hard fork, nothing more. dig deeper man. i thought like you do now in 2013. Read Satoshis white paper. it's 8 pages only. BUT read and THINK!
Don't worry ... CNBC will tell you to buy BTC at 100k :)
As soon as they talk about anything over 20k I'm selling the next spike $$$$$.
@@Iseenoobpeoples Children will see a bitcoin sell for one million dollars in their lifetime.
@@soulg1969 It's better to cash out big soon than cash out huge in 75 years.
@@Iseenoobpeoples Everyone who cashes out will live to regret it.
@@soulg1969 That's a very strange way of seeing things. You should be happy to make money trading... are you a successful trader?
Is it a good idea to buy cryptocurrencies right now? Will there be a decline in the price of bitcoin this year despite frequent assertions that the market is active? How quickly will coins return completely? I have no idea how other dealers in this market manage to produce profits of more than in a single year, to be completely honest.
Despite the current economic crisis, I also found that many people are still making six-figure salaries; the only difference is that these tactics are commonly used successfully by those who have a good understanding of the market.
You're not doing anything incorrectly; you simply lack the expertise to capitalize in a down market. Professionals with extensive expertise who must have witnessed the 2008 crisis are the only ones who may profit significantly during turbulent times like this.
@@belginberk3443 How much money have you made so far, i need an assistance to manage my trading account. Who is this particular individual you admire?
@@AnthonyHart34 With Ruth Loralann Brennan’s guidance, I've been investing for a while, and I couldn't be happier. Her company offers the broadest financial guidance currently accessible, has given me the best ROI while safeguarding my capital. It never squanders my money on dangerous speculation or poor risk-management techniques.
@@belginberk3443 I promptly did some research on Ruth's past. She can control herself well. Her credentials are solid, and it seems like she was the subject of a careful examination. Foreign investors from countries other than the United States can also use her services
Who’s here after 40k 😂😂
Hahaahahahahah
Lol, no one is replying because they feel like idiots.. 😂
@@terryt1727
IKR 😞😂🤣
@@terryt1727 bitcoin is a bubble, it does not matter the price gping up. Bitcoin has not intrinsic value, ypu cannot melt bitcoin and make a belt out of bitcoin.🤣 It is a fiat digital money just like fiat paper
whos here after buying at 40k just to watch it drop 25%?
Who's here after Kevin O'Leary bought Bitcoin? Oh how the turn tables....
MICHAEL!
I bought BTC back to 2016 lol
I posted on this video a year ago kevin owns Bitcoin. Hes a dirt bag he wont ever steer fans in n the right direction. Look what he blamed on his wife 🤣
He also says no one needs a car and that everyone should just use Uber....
He’s all set up to get “virgin” coin that’s not from China thou..😂🙄
I have learnt in recent months is to remain calm, especially when it comes to investments in cryptocurrencies. Learn not to sell in panic when everything goes down and not to buy in euphoria when everything goes up. I will advise you all to forget predications and start making a good profits now because feature valuations are all speculations and guesses. The market is very unstable and you can not tell if it’s going bearish or bullish. While myself and others are being patient for the prove to skyrocket, I would say trading with Paulson Dmitriev, has been going smoothly for me. I have accumulated over 3.6BTC , with he's masterclass trading strategy…Stick with BTC,ETH,ATOM,ALGO,APE,SAND.
Damn they ganged up on him and he dismantled them. Incredibly well spoken
we overrate well-spokenness for substance. Sounds like America alright. =)
+1 7 1 6 8 3 1 2 7 1 5
Kevin O'Leary is simply disrespectful to the guest.
utterly !!! How can he call himself an investor and talk like this about the best performing asset..... disqualifying
Hes an ignorant asshole. like i give a shit what he thinks he knows about crypto. hes already rich. dack!
Money does that to people sometimes.
hmmm..
seems obvious, but let me explain. Being disrespectful to guests who are genuinely trying to have a positive conversation is not the most, well, respectful thing to do.
Kevin O’Leary’s comments didn’t age well
too soon to say.
@@ButerWarrior44 no it's not fool. In 2009 30 bit coin bought 2 pizzas
@@ButerWarrior44 No it's not too soon -- O'Leary is now a Bitcoin bull.
His $100 he put in a year ago is now worth $500.
@宏洋高嶋 how did you figure that math?
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 crypto. Wealth is created during bear markets, not bull markets. I buy and just trade long term more than ever, I have made over 4.5 btc from day trading with Paulson Dmitriev in few weeks this is one of the best medium to backup your assets incase it goes bearish, Stick with ETH/BTC/CRO/DOT/NEAR..
Currently my crypto portfolio has been appreciating learning to trade with Paulson Dmitriev.
I have work with Paulson and the impact is great no doubt, I'm patiently waiting for my trade , i like when i see him acknowledged.
How can I get InTouch with Paulson Dmitriev ?
It always success with Paulson
When the talking heads talk stupid like this its time to buy
Indeed
Matrix-Unplugged Everyone is dumping on Kevin, which is easy, but Kevin is a busy guy, he doesn't have the time for researching the theory of money and economics, so all he has is his initial assumptions. The Bitcoin guy wouldn't have convinced me with his arguments either, they're absolutely dreadful.
Bitcoin is not valuable because it has a limited supply (a trustworthy, predictable supply is important, not a limited supply). If that were the case, could I just make a crypto with 1 unit of supply and then suddenly it will have more value than Bitcoin? Bitcoin is also not valuable because it has the highest market cap or because it has been around the longest.
Bitcoin is valuable because it's the most secure way to store and transfer value on the planet, full-stop, period. Ask Kevin to think of a more secure option, and he won't be able to legitimately name any. USD is not as secure. Leave USD under your bed for 10 years and it will lose 20% of its value. Sure, you can leave your money in a bank, but what will happen when USD banks have to compete with Bitcoin ones? The cost of USD's inflation will be a market disadvantage. They cannot and will not survive market forces. Simple.
Even if the US government collapses, Bitcoin will still be around. The same can't be said about USD. And it's this understanding and belief that drives BTC's price, not pure speculation.
Exactly time to buy
Matrix-Unplugged, I agree with that statement. What was funny, is that he said he wouldn’t take his “real money” and buy bitcoin... As if that dollar was real money. These old farts better wake up.
Don’t buy at this point, it is going to drop.
Wow Pomp took all the punches like a champ. Great answers.
Who is he? He was great.
I make money daily on bitcoin soo....
@@FcoAndaur google off the chain, one of the best podcasts in crypto
@@Adielyaakov thank you
I’m not a huge fan of bit coin. He did well.
What is the possibility of making decent returns for short term investing? I've been reading success stories of people that make a total return of upto $75,000 monthly profit from their investments and I'd really love to know how to go about investing to make huge 5figure returns monthly
Use a risk management strategy when trading with hard stop losses and clear targets of when to take your profits. Or just buy ETFs every month for long term, similar to saving but it’s rather boring
who is your financial coach, do you mind hooking me up?
@Sarah Arkwins As a newbie i am happy with what i have found about the mentioned financial assistance on the internet and have mailed him for assistance.
So O'Leary put $100 on coinbase and bought everything there, totally ignoring that, at the time, he was catching the tail end of a massive bear market ? Of course he only has $30 left. Word of advice, don't ever hire O'Leary as your investment adviser.
Steve Vaughn
The real question:
Is O’Leary a shill or actually dumb?
Buffett for example plays dumb on bitcoin. He knows full well.
@@Damannis It's tempting to vote "shill", but my instincts tell me he's just opinionated & stubborn. I think he enjoys playing the role of a bitcoin debunker, but the other problem is, he's entrenched himself in his position on bitcoin for too long & too deeply, so now his pride won't allow him to recant, even if he realized the truth.
Don't watch CNBC unironically, this is the same network that yelled and screamed and jumped up and down that housing market was totally fine 12 years ago
@@gc3k CNBC is a negative indicator. Generally, do the opposite of what they say because they are wrong more than half of the time.
He FOMO'd in, now he's salty
I get that Kevin pulls in the ratings, but please don't let him speak on something he doesn't know anything about
Regarding Crypto? Hes... in the immortal words of Andy Dufresne..."Obtuse". And furthermore "he doesn't know Shit from Shinola"
His investments are gonna be worth crap when fiat money dies, and it's dying for sure
Amen
@@jpnz Dont worry, fiat wont die in his lifetime, in spite of all the yt videos that have been calling it since 2012...every year there is a new video saying, ok, this year fiat will definitely die and the economy will crush...
What did Kevin say that wasnt true?
"Bitcoin is not tied to anything"
"Neither is US dollars and how big is your cash position?" / @APompliano The king!
its tied to a private key its tied to a set amount its tied to an immutable blockchain world wide....next
It is tho. This is why we invest our currency and when it goes up we want to withdraw to our real currency. Cyrpto is still not widely used to pay for things in everyday life.
The USD is tied to the productivity of the US government. That's why its worth more than the Laos Kip or the Vietnamese Dong. The USD is backed by the US military, they have way more guns than Bitcoin.
Of course the U.S. dollar is supposed to be backed by gold and labor and the war on terror. Now the dollar is a scam so dont compare the two lol. Now if crypto would be backed by a natural universal resource than I would buy it, now it's backed by technology and we all know this can become corrupt to the ones who can own it like maybe Google... I see a technology dictatorship brewing among chaos!
Part-Time Enlightenment : assuming you always like the direction every gun is pointed
Kevin: I’m never going to buy bitcoin garbage
Bitcoin hits 50k
Also Kevin: We should all invest in bitcoin, it’s here to stay
He is a paid spokesperson now.
2019: "It's still garbarge."
2021: "It's here to stay."
Don't forget "you" should invest in his "virgin" coins because all his investors are asking about a ESG Bitcoin.
It's still garbage.
@@ltlwatcher ,2019: garbage
2022:still garbage
"Old men don't understand new technology" Season 130
He's a liar. He has loads of Bitcoin. He was buying it back in 2013. ruclips.net/video/RkeBVoAhRLA/видео.html
You are not selling them the technology
@@bouloshijazin5129 I'm not selling them cookies either. What's your point?
@@piotrjasielski if my point is so hard to understand then you are too dumb to have a conversation with..may be I should start my shitcoin and sell you some.
@@bouloshijazin5129 No, it just proves you failed to substantiate your reasoning and you try to play a smart guy while clearly you're not. Resorting to ad hominem is only further proof you have nothing essential to say.
The guy being interviewed did a really good job! HODL
Not really. Failed to explain the real value of BTC.
nep808 the value is that it is a superior currency
@@MoePowerIT which you can't use in daily life so how the fuck is this a currency
You can't use Euros in daily life in the UK, despite the UK being in the EU. How the fuck is this is a currency????
@@jeevanjot420 that's nonsense, you can use it to buy a great many things.
So, this is the video where Kevin says he'll NEVER put 'real' money Dollars into crypto garbage.... Will everyone please do me a favor and up vote this comment in a few years time when it is referenced as proof of Kevin's change of opinion?
The funny thing is though he already did. He played himself lol.
@@ethanfleming1234 haha, wouldn't be surprised
Done!
I HAVE BEEN MAKING LOSSES TRADING MYSELF...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade
I will advice you should
stop trading on your own if you keep losing and start trading with Mrs Patricia Jane
trading services
I lost £1200 carelessly trading on a
platform then I was referred to Mrs Patricia Jane she recovered the loss and made an extra profit of £4600
Wow I'm just shock you mentioned and recommended Expert Mrs Patricia Jane I thought I'm the only trading with her
Mrs Patricia Jane is indeed a forex goddess. With my first deposit of $500 I got a payout of $3500 in a week
People who don't get Bitcoin are the kinda people who thought TV wasn't going to replace radio
Aren’t TV and radio still both around 😂
Internet replaced TV and Radio for me.
I don't watch TV I don't even have a TV, I watch youtube.
I don't listen to radio I listen to podcasts.
@@liveclips765 they have platform like gdax, that exchange bitcoin for fiat such as usd.
and email will not replace bird mail :)
@incel army that’s fact you said that’s shows you know nothing about Bitcoin. Do your googles first 🤦🏾♂️
O'Leary bought at the top of the market cycle back in Dec 2017. U mad bro?
It was $100. He lost $70. I don't think he felt it
Cristian Martinez lol exactly. He’s bitching because he bought near the top. What a dummy
@@sparky69withcheese Clearly he did not feel it financially. My point is that he should be railing against FOMO, not BTC or crypto in general.
Kevin's arrogance is blinding him. He didn't hear a word Anthony said
bitcoin will be looked back as the dumbest thing anyone speculated in.
@Ma/ Co/ Well if you can't tell us what that "something" is, you should consider researching it more before commenting
How to you think it feels when a muslim educates someone about Islam .......
Kevin will have more money than your whole Family's inheritance put together. He's smart buddy. Hence Bitcoin is heading down. GL with your HODL noob
Hes lying. Theres a 2013 video where keven is on cnbc and hes bullish on btc
WoW Kevin really doesn’t know what he’s talking about. States are excepting crypto for tax payments
That is not true. There are gateways that allows changing BTC into USD, so that dollars come into the IRS. They Don't accept bitcoin as payment for taxes. I'm a crypto maximalist, but a lot of news is misprinted.
And yeah...Kevin doesn't have a clue, and Pomp could have nailed his ass, but failed to do so. Censorship resistant, open, borderless, immutable, transparant, fixed amount, decentralized...he didn't name one of them. How about...which asset that you can send to the other side of the world CANNOT be confiscated?
@@Belowtheradars sorry man but what about Ohio?
ohiocrypto.com/howitworks
@@jeremyfoxx Pomp mentioned it in the video, though. So what are you trying to prove?
Excepting or accepting?
@Tirso Duarte The commenter is just a dunce who doesn't read much clearly.
Someone who knows what they're talking about vs people who don't.
“Agree to disagree” is her final statement. Translation? I don’t understand you and neither these two other fools, and one is rich.
no kidding. I like O'Leary but he's out of his league on this topic
Nobody else has anything to prove on that show. Better just to set the guy up to pour out every good idea in his head and take it for yourself.
Ok engage me. So he says people use the US dollar and it doesn't have anything backing it to which I say BS because it's backed by the full faith and credit of the US, it's economy, it's banks and most importantly it's military.
So how the heck does crypto even come close? Plus this stuff is easier to track than cash so it creates a much larger nanny state. What problem apart from it being against the US dollar does the crypto crap do? Plus if it's all digital doesn't that leave people vulnerable to theft and hacking which completely destroys their wealth in seconds?
El Gerardo Edwardio
You guys are all idiots, bitcoin will go to zero, I bet most of you back when it was closer to 11K or 12K and own it at a loss, thinking you would be millionaires by now lol
This aged well
"I think there is a world market for maybe five computers."
Thomas Watson, president of IBM, 1943
"Television won't be able to hold on to any market it captures after the first six months. People will soon get tired of staring at a plywood box every night."
Darryl Zanuck, executive at 20th Century Fox, 1946
"There is no reason anyone would want a computer in their home."
Ken Olsen, founder of Digital Equipment Corporation, 1977
Do you actually think these are anything like crypto?
@@GEM4sta yes identical.
@@Mega-Tales both of those things are vastly different from where they originally began... If you're saying that Bitcoin is going to change durastically to improve it's functionality and utility I guess they are tangentially related
@@GEM4sta ... My thoughts GEM..
I've been researching because I was thinking that it feels like Bitcoin is outdated tech?
I mean, just think about it; even something as simple as Litecoin does EXACTLY the same thing, but in a "lite" way.
Another example? Ethereum does practically the same thing in terms of the token/currency exchange, but it also offers dApps, smart contracts, etc.
Another example? Ripple?
So, besides the network effect... and the fact that the creator is anonymous...
What exactly does BTC offer that does not make it outdated?
And, do we really think BTC would update in such a way that makes it more effective than some coin/blockchain tech. that is built SPECIFICALLY for something amazing?
Thoughts?
@@MikeYeah Essentially, yes. This is my problem with their analogy. To say computers will be massively popular is different than to say a computer will be massively popular. That prediction was basically correct if you're considering only the current computers they had.
People like to say that crypto is more about the technology than the currency... But investing in bitcoin is not really investing in block chain technology.
When we're talking about currency, it's very important that it is consistent, no? I would assume people don't want their digital currency to be constantly updating. In my mind, this inherently gives new coins a technological advantage, in that they can experiment and ultimately achieve a better system than bitcoin. In my mind, it is inevitable that some new coin will be better than bitcoin, if they are not already (they are).
The real problem with crypto in general is that it just doesn't make any sense why you'd want it. It's technology, sure, but it's not necessary technology. For me personally, I'm very surprised that it has come this far.
Haha! Everyone at this table besides Pomp, especially Kevin hates it because they don't understand anything about it.
Kevin, the USD is not real money - its currency, and currency and money are not the same thing!
still too many people who can't differenciate btw money (gold/crypto etc) and currency (all the rest)
i love the part after O Lear talk about bitcoin is trash and Kevin just laughing because he know that O Lear will learn his lesson.
@@isicserepy2333 crypto currency is currency. Not saying crypto is bad, but its second name is currency. Gold & metals are good as well
They must be creating bots to post these comments to flame the FOMO, just like 2017 all over again
Trust me they understand it. These people are controlled and paid to act like they don’t understand and speak bad about it
Kevin started off saying crypto is garbage, ended up pulling a 180 and endorsed, now is in financial trouble with the FTX scandal. Man what a circus 😂
'bitcoin isn't backed by anything" -mr wonderful "neither is your USD, and how much holdings do you have in that ?" -mr sexy
Ummm the usd is backed by the US government, that's what gives it value
Not to mention it’s the standard on which the most valuable energy asset is traded on I.e. oil
nikolaus beall ... yeah, for now. Soon the petro-dollar will die.
@@travisdavis3690 baaaaaabbaaaaaaabbabbaaaaaaaa
@@czargetscrypto2112 the USD isn't backed by the US Government??
That dude sounds like BS. His $100 is now worth $30 because he bought when the market was clearly correcting, wake up grandpa!
he didn't buy BTC he bought it all lost more in fees i bet
Grandpa...is a billionaire by the way. 😬 I still love bitcoin, always will. 🇺🇸🌎🙏💕
@@terriloveandlight6983 Grandpa should focus on something that he understands
right? like he doesn't know @ corrections in the stock market?
Yeah and like $100 and he bought them all? Last year???? Probably bought one satoshi worth.... idiot
If your friends aren't discussing, success, stocks, crypto, business, and giving you positive motivation you're in the wrong circle.
I see the future in trading crypto market, especially bitcoin with the high rate of move from the market. Its quite encouraging the aim is earning enough and consistent investment matters a lot with proper portfolio one can make millions in a month depending on your investment and your directive. Trading bitcoin is a lucrative way of making money online.
Obviously trading in cryptocurrency bitcoin is volatile and risky to trade, that's the reason most investors trade with a professional broker
@Murphy Conn exactly!! Investing and trading now is the best option.
Investing in cryptocurrency is a big chance of making money. For real crypto is profitable.
Investing in cryptocurrency is a big chance of making money. For real crypto is profitable.
This young man did very good in this company, it's the future
Leeroy Jenkins plot twist
"I bought the crypto crap and lost 70%" he says.... Lol sounds like you fomoed in and bought the top.... Shitty call for someone who's known for being a "smart" investor.
I know right, you would think someone as wealthy as Kevin would know when to buy and sell. Or maybe hes just trying to make people scared so he can buy in at lower price lol
@@TheMrDecrase He put $100 in. He wasn't doing that to make money. He was doing it to try and prove a point.
ETHEREUM SHOULD RISE TO 25000$. SELL BITCOINS AND INVEST IN ETHEREUM.
Kevin (today):"I wish I invested in garbaaage right after this show!"
"And I wish I bought some crypto crap too"
"I wish I didn't choose FTX.." lol
BTC is real, hard money. The US Dollar is NOT money, it is LEGAL TENDER.
Legal tender backed by US govt. US govt that receives trillions of dollars as taxes every year. Now what is Bitcoin backed by?
@@hardy2175 By the people? I rather have something backed by the masses of the people then a single entity.
@@hardy2175 Okay so Captain Arnoldz already wrecked you but I wanna add to the fact so you look even more ignorant.
Bitcoin is backed by the immutable ledger and BLOCKCHAIN technology. The immutable ledger itself is worth trillions of dollars.
@@privatewins5856 An immutable ledger that is public and allows the public to write to it. We are entering an age where history is no longer written by the winner, it is written in the Blockchain. Future generations will look back at the birth of the internet as secondary in importance to, and mostly because it allowed for, the birth of Bitcoin.
What value does bitcoin have ? Someone tell me other than you and I agreeing it has value. What can I get with it other than exchanging it for FIAT money or a service ? But at the time I paid for that service it had a value of X but 1 month later it can have either - or + more value so how do you price the service in other than to its equivalent of FIAT ? If I have no access to the internet, how can I use Bitcoin ?
You can't pay taxes with Amazon stock without exchanging it either
Amazon stock isn’t supposed to be a currency. You’re comparing apples to oranges.
Amazon stock is ownership in a company that generates cash flow, you can put a value on that
@@GokuInstinct1 nonsense!
UltraInstinct crypto currency isn’t considered currency, it’s considered property according us tax law, just gold and silver. The constitution says gold is money, but our tax code says it’s not money or currency. So either way, whether you own stock, gold or Bitcoin, it has to be exchanged for US dollars to pay your taxes. So he’s not comparing apples to oranges. Taxes are paid with the US dollar. If you have an equity or property it has to be converted to dollars to pay under our current tax system. That’s not the fault of Bitcoin or Amazon stock.
@@fezario If there was no value on Bitcoin, it would cost you nothing. Don't be silly.
i feel those who would allow the market
dynamism to determine when to trade or not are
either new in space in general or probably just
naive, the sphere have seen far worse times than
this, enlightened traders continue to make good
use of the dip and pump even acquiring more
equities towards trading sessions, l'd say that
more emphasis should be put into trading since
it is way profitable than hodling. Trading went
smooth for me as I was able to raise over 9.2
BTC when l started at 1.5 BTC in just few weeks
implementing trades with signals and insights I would advise you all to trade
your asset rather than holding for a future you aren't
sure about
Bitcoin is the most profitable investment online if only you trade with a professional broker
How do i get a professional broker i have been wasting my time trading on my own and blowing up my account
l I'm even ready to invest $200,000 once because I have up to $500,000 on my coinbase wallet.
I'll advice you try expert Mrs Alexandra Davis her trading strategies is really working for me cutting losses and ensuring profits
Wow I never knew someone else knows about Alexandra Davis she is the best broker I advice everyone to trade with her .
why would you want to pay your taxes with something more valuable than the dollar, some people just don't get it
Because money is only useful when you have to spend it. So if u have to spend it...
@Nat N it's Thai baht, come on man
I sold all my dollars for something worth way more 😊
Old man fails to understand technology. Nothing more than that.
New kid doesn't understand investing in income generating assets
You Idiot the technology is blockchain and not Bitcoin itself. Just because blockchain will stay for years to come does not mean bitcoin will too. Bitcoin is just speculative investments and does not really represent any real value behind it.
@@fartexpertable When did I say anything here that you've just accused me of? Read what I wrote! I stated nothing about the disparity between the underlying blockchain technology and Bitcoin itself, you just imagined that and responded to your own projection. Anyway, not that Kevin O'Leary would even know the difference between blockchain and Bitcoin, he's dismissed way before actually putting in the effort to understand it. Anyway, why are you so upset about my comments? Is he your dad or something?
@@Paulipogbi So if someone bought BTC at less than $100 and never sold and now it's worth $7,000, well that sure seems like a pretty big income to me. And in less than 8 years. Pfft. Carry on with your real estate pumping ponzi investments. You winning.
@@norepetitivebeatsto put it into perspective, Bitcoin has grown 70x since that $100 price. Netflix has grown 81 times in that phase. Many more people bought into Bitcoin when it was $15000 than when it was $100. Read.
Kevin O’Leary: “I’m not gonna take real money and put it into this thing. It’s never gonna happen.”
At least he changed. Some people never will.
Hes been buying since 2017!!! He is a liar
Great interview POMP!. What Kevin O'leary doesn't understand here is blockchain, he really shouldn't be ignorant and research, why its been the best performing asset in the last decade. Bitcoin has more reasons of intrinsic value than majority of assets. Bitcoin has great low cost and quick Remittance transfers, Highly cryptographically secure asset, High divisibility,Total Transaction transparency, Fixed supply asset and the fact that you don't need a bank to transact with bitcoin which rids you from overdraft fees, monthly fees, withdrawal limits, spending limits, Bank holds, Weekend Pending settlements and best of all, Quantitative easing. This is a Phenomenal asset, the likes we've never seen before, I recommend people take the time to realize how impactful blockchain can and will change the world.
Retrofred ! Exactly how a lot of ppl viewed tech companies in the dot com bubble. Recognized the bubble and thought they were all frauds. Then they regretted not holding onto those FAANGs. Thought they were being smart like Kevin rn. The intrinsic value is in fact there, most ppl just don’t understand blockchain enough to see it.
Yeah, a level of discernment is needed, which is exactly what the bald guy does not have. Consider his buy of every crypto indiscriminately, opposed to researching and understanding what is crap and what might not be. But hey, he's white, he doesn't know any better
i hate weekend pending settlements
Hit the bullseye with this one didn't ya?
Hope everyone in this comment section continued to HODL, I know I did :)
O'leary still bringing up dusty arguements from 2 years ago.....dinosaur
SCAN IMAL 🤣
@3 Subscribers Without Any Videos!!!!! take time machine back to 2017
3 Subscribers Without Any Videos!!!!! Wut
@matthew crane really?ok
Yes, a real dinosaur, LOL.
Kevin spreading FUD? time to buy
Matt you would’ve seen a 30% ROI if you bought BTC the day of this comment as of last week at $13,700
Kevin is a idiot
ruclips.net/video/QYRIcD-LRKI/видео.html
ETHEREUM SHOULD RISE TO 25000$. SELL BITCOINS AND INVEST IN ETHEREUM.
Why can't I pay my taxes with it??? You've gotta be kidding me old man.
Mr. Oleary is intelligent as he is wealthy. The problem that he has is his resistence to new technology. Look at his statements when the internet debut. He said almost the same identical thing. "The internet is crap" "It'll never replace the type writer" I would never invest real dollars into fathom hype failing investment" ect... Point incase is Oleary is an old school hack just like his dungeon buddy Warren Buffet. When the real value of BTC and all Utility driven ALT's explode like anything we've seen b4 both of them will lose what little hair they have left.
he never said that, he invested big on internet back in the days
Like Scan Imal said DINOSAUR, LOL.
"Do you know when?"
"No"
"So what's the time frame?"
....I'll let you know when I change my career to psychic
No one can really predict the market...not even banks
It’s funny how O’Leary keeps saying “real” dollars 😂 they’re as fake as bitcoin my friend
Dollars have "In God we Trust" on them. God watches all of them personally. 💸
Dollars are faker, you can create them out of thin air
Thork Rynu and everything else.
@@OfficialXAntiDote Exactly they have been creating them out of thin air. That is the scary part. I am keeping a larger % of my Savings in BTC and Gold . With the Tariff Wars we are about to experience the dollar weakening and everything going up in cost.
@@OfficialXAntiDote And yet everyone uses dollars, and not Bitcoin.
"after the fact"
umm yeah this isn't Minorty Report dude
People like Paulson Dmitriev are hard to come by these days. I was in his last conference in Germany, he is such a great teacher. I enjoy his account management services it saves me time and let me focus on my job.
The funny part of O'Leary's argument is that if you would have put $100 into Kraft Heinz it too would be about $30.
@matthew crane Their cash flow is negative $690 million so technically they have less cash flow than btc. BTC having zero cash flow is kind of irrelevant. How much cash flow does oil have?
www.marketwatch.com/investing/stock/khc/financials/cash-flow
He bought crap coins without understanding what he bought into. He should have bought BTC or ETH and he would be in a big profit already.
"Neither is US dollars yet how big is your cash position?" BOOM!! THIS SHOULD BE A MEME
It was so good, I 10ed back twice!
Much respect to him, he completly destroyed these mainstream normies.
That's not really true though. Us dollars are tied to everything. Which is why stuff is quoted in US dollars.
The usd and its power is the reason why china haven't caused problems to the us regardless of the US debt to china.. When bitcoin have that impact then its possible.. Maybe it gets used to pay taxes all around the world after 100 years, minimum
US dollars are backed by US economy.
I pray whoever reads this should become successful. keep fighting for success. the rich stay rich by spending like the poor and investing why the poor stay poor and be spending like the rich yet not investing. Roar! Invest earn and be successful.
@Harry Sweet You are right sir
But I don't know why people remain poor due ignorance
@@alansanders218 It's not ignorance but unprofessional broker in the market
Investing in crypto currency now is the best thing to do especially with the current rise in the market
people are really making a lot of money from it..
this interviewer is frustratingly smug and dense: please keep buying equities dropping references to teaching at Harvard. Next generation will happily watch you wither into dust.
His bluster shows he feels threatened. He’s afraid of what he doesn’t understand.
Wakanda?
Superb podcast by the hosts. With the markets having less order executions; situations like this are best hedged with sustainable positions especially bitcoin inverse contracts, as price strongly deviated against its long term mean average. The further it deviates the more momentum for a reversal to the upside. whales are currently in a liquidity grab at the lows. I've had series of trading losses I'd best not mention before being introduced to Mr. Callum Lucas. His careful guide and employing his Signal for my trades orders has been a great experience. Callum's signal algorithm are based on combinations of unique strategies.
His signals always hit the right entry before huge volatility impacts the entire market. That's top tier][
Callum is onTE | EGRAM ! ''; @CALLUCAS
Sometimes realistic factors discourage people from reaching their goals in life. I've tried investing in crypto several times but always got rected by volatility. Will definitely reachout]
Callum's strategis gave me the assurance that has made me invest without the fear of losing, I got 3 of my friends into his guidance already.../.
Thanks for the info, my inability to mitigate risk in time of stress has cost a lot trading.]
Well done Pomp! You stayed cool under fire, and planted the seed in Mr. Wonderful’s head back then. He’s quite a believer now.
Thanks for doing what you do!
Kevin bought $100 on coinbase and expected it to artificially grow straight up like the traditional stock market lol.
You can't believe anything he's saying in this interview. He's not paid to be honest, only to get ratings. I'd like to see his true bitfolio.
If he put a $100 in Coinbase and bought everything he lost most of it on fees.
@@markstill8258 If you bought via limit order a year ago, it used to be fee-free. Now, it's 0,15% on limit order and 0,25% or market order, I believe.
Fees on Coinbase are crazy, like 1.5% to buy then 1.5% again to cash out. Lucky for us Bitcoin and Ethereum posted 5x and 10x returns in the past year.
+1 7 1 6 8 3 1 2 7 1 5
Pomp is so great in these interviews. Calm, well formulated and reasonable.
But whyyyyyyyyyy does he like all this stupid shi* on Twitter which spams my feed.
Bitcoin and Forex trading it's a trading platform were you invest with a minimum capital, you predict the outcome of foreign currency if they will either fall or increase, it's like you are placing a bet, but the good thing is that you are knowing the outcome before you predict, that's why profits returns are always on the high, but by doing this, you need an experienced account manager who can help you with the basics and trades for you.
if you are considering entering the crypto universe or if you’ve only recently made your first investment, you might still be exploring the benefits of bitcoin as opposed to your online bank account or digital wallet you are used to.
In an abstract sense, cryptocurrencies represent financial evolution which manifests itself in unique and tangible ways compared to fiat money.
But bitcoin has way more benefits than these.
go on please.
The greatest benefits comes when you turn bitcoin into a business or source of income by TRADING with the help of an expert to advise and guild you with the right strategies to help you maximize profit and manage you portfolio effectively.
No Kevin O’Leary you should understand 18 months is not a valid time period to judge an investment!
He also bought a bucket of shitcoins... what if a guy comes to O’Leary and says the stock market is garbage because he bought a bucket of penny stocks and the average return sucks! 😂
Perhaps Kevin didnt expound this as it should have been. Its not really about disruptive tech, or whatever technology a new investment is driven by. Investing is always about capital preservation. Bitcoin is a "yolo" asset because its highly volatile. Comparing it to amazon is a boatload of crap because bitcoin is about belief. If people dont believe in bitcoin anymore, its worthless. Out of all the cryptocurrencies which ones do you think are going to come out on top? Short answer is nobody knows. Its really like Vegas. Not trying to say that it can't constitute a part of one's portfolio, but if it takes up a a size not commensurate with the risk youre taking, youre essentially just gambling.
Wilson T fair points. In my opinion, you’re right that Bitcoin and AMZN don’t compare. One is a single company, and the other is a new asset class / international currency or gold 2.0.
Bitcoin lets you send any amount of money, anywhere in the world, within 10 minutes at the cost of a postage stamp.
This is not a “ belief”, it’s a fact. Those like O’Leary who don’t get this game changer are better off sitting on the sidelines.
With Bitcoin, you just rolled out a public domain Visa network / international DEFLATIONARY currency and it’s still being “funded” by the public. Its been building up over the last 9 years is not going away anytime soon. To replace bitcoin would take at least another 7 years or so.
Which cryptocurrency will do best? Well “first to market” is key here. Also Bitcoin wins the now tried and tested “online store of value” functionality (aka digital gold).
Bill Gates once called the Internet just a “fad”. Buffet calls bitcoin a Ponzi scheme. Just because you’re super rich doesn’t mean you’re always right. Just ask their wives.
@@studentchaoren9805 Very fair points across the board. Without a doubt, cryptocurrency is here to stay, and I am not denying its potential in making transactions more secure, accountable, etc. However, you can't say that these people (Buffett, Gates, O'Leary, etc.) don't get the technology, it just does not suit their risk appetite. In my unqualified opinion, I feel that it is hard to choose the right cryptocurrency to bet on, and bitcoin having the first mover's advantage doesn't help. "Tried and tested" is just a term for using the backview mirror. You can't drive just by looking at the backview mirror. i.e. the past does not equate to the future.
What I meant by "belief" is how many modern day currencies are valued (including crypto). You need volume and market share, among other things. Metcalfe's law. But what if fewer people believe in it tomorrow? Until the day people don't view it as a speculative asset, cryptocurrencies will never be currencies.
In a rapidly changing world, anything can happen, including the fact that people dont believe in mainstream fiat currencies anymore. But if I were to make a bet, I'd still choose fiat because the probability is much less likely as opposed to a single crypto, or some diversified portfolio of crypto.
Based on what you said, by some calculations, bitcoin would take at least 7 another years to be replaced. However, what's to stop everyone from eventually knowing this fact (assuming it is a fact), and exit earlier? When this happens, people will start exiting earlier in droves. Essentially game theory.
To conclude my points, I wouldn't even put my money in it believing that it is "gold 2.0" because of its inherent volatility. I (like many others) can't sleep at night knowing 1 day my net worth is up 200% another day my net worth is down 80%.
Wilson T fair enough.
BTC is $7,775 today.
Let’s tag this here and if we return to this topic in 12 months, then I’m curious to see if it hits $50,000 by then.
keep that part "I'm never going to put my real money in it" that will be a meme soon
Hahahah yes so true! He will be sorry he said that one day.
Since the airing of this interview, Bitcoins price increased over 300%.
U were right
Honesty he wont care. Hes a billionaire
@@MrShayno97 The misinformation broadcast to the public is disgusting.
Would be nice to rewatch that today with Kevin together 😂
He's right about one thing money is a belief system. Lol 😂
The dollar was backed by gold before 1971!
Dollar is the biggest lie in history
mike vic dude when he said that “unmentioned truth” I thought they were about to “go to commercials “ lol
@@EricSmyth2Christ last time the us dollar was backed by gold was 1911
Credit is a belief system. Barter system is believe. Gold and silver is a believe and gasoline for your car is a believe. Bitcoin hides under that idea.
Kevin O’Leary you are making “1% interest” on an asset that has an average of a 2% inflation rate... you’re making -1% interest a year, and you can make 6% interest on your bitcoin which is also deflationary in nature... this video won’t age well lol
Hate idiots like this. Its sitting at 45k at the moment.
Kevin: Bitcoin is crap at 8K.
Kevin: I'm all in at 60K.
“The problem is Bitcoin isn’t tied to anything..”
“Neither is US Dollars and how big is your cash position?”
Absolute burn 🔥
Lesson:
Don’t ever listen to anyone give advice on a topic they clearly don’t understand!
Kevin does NOT understand Bitcoin!
On the other hand, Anthony clearly knows his stuff on the topic.
I can invest my money on ETFs right now and get approx 7% of profit every year (data from the last 200 years of stock market) and keep doing that for 40 years and ill be a millionare. If I invest the same amount in bitcoin over 40 years, chances are ive either tripled my money or lost all. The blockchain or similiar technology is future. Bitcoin itself is not.
Videoforum Hi,
You’re somewhat like our dear Kevin, you know about something you speak of, in this instance stock market returns, but you know next to nothing about Bitcoin!!
Good luck to you whatever you choose, particularly if you’re going to wait for 40years!!
This aged well.
Old man is rude to call Bitcoin as crypto crap..
He's going to eat his word soon.
He's a liar. He has loads of Bitcoin. He was buying it back in 2013. ruclips.net/video/RkeBVoAhRLA/видео.html
Kevin does exactly what everyone else who has positions in gold. Publicly slam Bitcoin to keep it from overtaking gold, secretly buy it in order to hedge.
Boy, listening to Anthony Pompliano casually address and offer explanations makes me feel bullish too.
The news reporters only told their opinion, while pompliano was giving them solid arguments
We are on the brink of a huge breakout it's going to be really funny when everyone is shocked.
@@mattepstein6740 Shocked... again, haha!
he has the alacrity of a used car salesman.
ETHEREUM SHOULD RISE TO 25000$. SELL BITCOINS AND INVEST IN ETHEREUM.
Just hold that basket Kev. Another 2 months and you'll be back to $100 lol fella.
2 days!
Or 2000 USD who knows
I doubt it, more and more people are buying, which means it will continue to increase.
Or 25000 who knows🧐
If he bought 2 months ago he should be up 40% on any coin. So what the f is he talking about ?
🤣🤣🤣 Anthony sleeping well after this interview
The argument that Bitcoin is worthless because it has no intrinsic value is a poor one. With that same argument, technically any paper note issued by a bank is worthless as well. We just accept the value of paper notes (dollars) because of its mass adoption. If cryptocurrency is adopted by many stores in various countries, then it of course has value.
The point is it has no intrinsic value as an "investment" like real estate for example. Bitcoin is supposed to be a currency but people don't use it that way. They buy it and hoard it hoping the price will go up so they can cash out. Nobody (maybe some people) does that with actual currency.
@@jamescrud good point.
Also paper money has no intrinsic value, but it is backed by the government, thereby giving it value.
But crypto on the other hand, has no government backing (it is meant to be decentralised).
It's just figures on a screen, it's almost no different from a game's currency.
You people neither have a clue about how the economy works, nor how bitcoin works.
I don't know how the dollar or how my brain works
I can’t even read
These responses are the best hahahahaha
O’Leary didn’t throw punches. He proved he was ignorant
bravo Anthony Pompliano. you sir, get it !
"..a game" lol Yeah the professor really did his research.
I mean, you could describe mining as a 'game', and theres lots of game theory in bitcoin.
It's funny that he uses "game" as a pejorative. A game is not necessarily positive or negative, and basically anything can be a game. Games are all around us, you can't escape the game until death meets you. ..and that's not even for sure. He looks really stupid here.
It's like a game of thrones for money
ETHEREUM SHOULD RISE TO 25000$. SELL BITCOINS AND INVEST IN ETHEREUM.
Dear Kevin: It's 2021, and BTC is over 55k.
Woah I thought I liked Kevin! He doesn’t know a thing about crypto!
“A game”
“I bought all of them”
What the three that were on coin base at the time ???hahahahahah
He's old
Kevin cant even name the cryptos he bought aka what coinbase sells. How can you have an opinion on a subject you don't know..
crypto is like a game tho.
ETHEREUM SHOULD RISE TO 25000$. SELL BITCOINS AND INVEST IN ETHEREUM.
Its funny to see smart people like kevin who are basically unwilling to really learn how btc works
And trying to pass off his uninformed opinion as great advice.
Jacob G a very small investment is different that knowing how the things works
@@jacobg9690 he bought everything and loss money. That statement was dumb in and of itself.
He will unfortunately miss out, but its time for us young calfs to make some hard cash
Tyler Swan btc is worthless. It’s never going to be a actual currency. Really all block chain for that matter. There is no need for a new currency system.
This has aged like fine wine.
Kevin's entire argument got blown out of the water when the guy said you could pay your taxes with bitcoin in one state.
yeah but ohio has rescinded bitcoin payments since 2019
i am suprised by this. I thought it will be another crap video, but my man Pomp did a good job. Thanks for professional approach
One and a half year later and we crossed 36000, have a good 2021 people!
41!!!!!
Great interview, Pomp 🚀
Pomp was right on point. Great job 👍🏾
He was super on point
These videos aren't aging well for Kevin
doing okay its just under 7 today ? i have traded it before btw
@@fuzzman9298 zoom out
@@peterkaravas7361 i have it again entered at 18 am happy so far dont think i will sell again as the instuitions are buying into it now
@@fuzzman9298 Good to hear mate. Hold strong.
so much FUD by these hosts
Whos here after kevin allocates 3% of his portfolio to cryptocurrency, and takes back what he said?
I'm sure he bought that years ago. He almost makes it too obvious he wanted the guy on the left to talk up Bitcoin.
Anthony really knows how to volley, impressive.
I keep dealing with the banks crap hours
Crap speed
Crap customer service
BTC most of the time is better and faster.
BTC works on holidays and after 6pm
BTC is not a bank.
@@Dave-jv3th true yet another great reason
@@rocketdogticker I'm not in favor in BTC and especially in people that buy it, promote it, and sell it (cough cough)
@@Dave-jv3th But that's the bloody point! You don't need banks anymore. That's why Bitcoin was invented in the first place.
"im not gonna take "real" money and put it into this thing"
fastforward 2 years, Kevin: crypto is the future.
Where is all the MEMES!?!? :D
LOL yes!
Comparing Amazon stock to Bitcoin is like comparing gold to monopoly money.
David P amazon stock is incredibly artificially inflated.
Didn’t O’leary mention tokenizing manhattan real estate in 2017?
Lying to people is one of the strategies for rich to stay rich, Bill Gates talked bad about BTC back in the day, and said that he only owned a few because it was a birthday gift, yet Microsoft was testing BTC to develop on top of it.
Lol he's laughing at the end because he knows. He predicted the bull market were in right now. Hes laughing all the way to the bank
All of you in the comments 6 months ago are shitting on Kevin and saying this young guy is right about everything but bitcoin has only gone down in a 6
Month period... it holds no value
Mr “crypto crap” that’s his new name now.
Kevin is absolutely correct.
Trading Bitcoin is gambling, it is not an investment.
Sure friend... same as USD or EURO or JPY ... life is a gamble =)
@@mockingbird12 Compare the volatility. It's orders of magnitude different.
@@jwonz2054 Hah.. tell that to Venezuela or Zimbabwe.. or Russia.. or Belarus..Turkey, Argentina... should i continue... or im out of counting these countries that had hyperinflation in a few DAYZZZZ
@@mockingbird12 and if someone gains 51% of the blockchain compute, or breaks the encryption, the value will be even worse than poorly managed country currencies!
@@jwonz2054 You may try to break the encryption. You will in 2-3 hundred years maybe. 51% will cause hard fork, nothing more. dig deeper man. i thought like you do now in 2013. Read Satoshis white paper. it's 8 pages only. BUT read and THINK!