Risk management should always come first, the reason many traders lose money is not simply due to inexperience or a lack of knowledge of the market, but because of poor risk management
Right, but then proper risk management doesn't guarantee profitable trading. If you want to acquire better trading results emphasize more on trading when liquidity is present. Nevertheless you need to be able to analyze good market entries and exit
@@RhondaLawson014Identifying good market entries and exit has been a very troubling for me. What does it take to analyze good market entries and exit like you mentioned???
Substantially it takes assistance from an expert to perceive good market entries, demand and supply zone. I don't even worry about market entries and exit since I trade with trading Expert Bianca Harley Doran. She runs the risk management and research while I get good earnings through her strategies
Net worth truly snowballs after $100k! Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE!
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
Crypto is risky as many would say but I think the actual risk in Crypto is not investing, buying the capitulation isn't a tough call, but it is a very tough call to figure out what to do aside holding. I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Gomez. A widely known crypto consultant
I started working with Alex Gomez back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.
The most important lesson I've learned over the years, no matter what the investment happens to be, is that if everyone is talking about it, it's too late to get in.
Or when people are panicking, you buy. Such as two weeks ago when XRP reached 0.50$, I bought it and sold it at 0.89$ now, nearly a 2x profit in a couple weeks.
How do you define "everyone"? What about apple and amazon in 2003, or bitcoin when it was $400 per coin? All were heavy discussed in the investment community and regular media at the time but the people who made the right decision won. It's really about being first. Everyone can talk about an asset but if you're one of the first to take the plunge you can reap the benefits.
Your dum for selling world reserve currency. I hold 4k xrp. My goal 100k yet was broke when xrp was @ 1penny to 50 cents. Bitcoin can still crash to 11k though
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
But it would be great if you can provide proper guidance on steps to follow pleaseBut it would be great if you can provide proper guidance on steps to follow please
As a beginner investor, it's essential for you to have a mentor to keep you accountable. Myself, I'm guided by Coach Elena. A widely known crypto consultant
As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
It's best to seek an advisor right now, unless you're canny yourself. As a business owner in both the service industry and eBay reseller of all product categories, I can tell you we’re in a deep recession and everyone is running out of money.
I agree, that's the more reason I prefer my day to day invst decisions being guided by a invst-advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a invst-coach for over 2years+ and I've netted over $900K.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
She goes by 'Linda Aretha Reeves ''. I choose to delegate my excesses to her because of her great expertise. I suggest you look her up. To be honest, almost didn't buy the idea of letting someone handle growing my finance, but so glad I did!!
Thank you for sharing, I must say, Linda appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive.
The problem we have is because Most people always taught that " you only need a good job to become rich. These billionaires are operating on a whole other playbook that many don't even know exists.
It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
I also keep seeing lot's of people testifying about how they make money investing in Stock, Forex and Crypto Trade(Bitcoin) and I wonder why I keep loosing. Can anyone help me out or at least advice me on what to do.
Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
The stock dividend has the advantage of rewarding shareholders without reducing the company's cash balance. However, it does increase its liabilities. Stock dividends have a tax advantage for the investor as well. Unlike cash dividends, stock dividends are not taxed until the investor sells the shares.
A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $110k and in the first 2 months , my portfolio was reading $294,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over 8 year we have been working together making consistent profit with good relationship understanding.
A financial advisor can help you determine if dividend investing is a good fit for your financial goals and can help you develop a strategy. They can also help you consider your risk tolerance, liquidity needs, and short- and long-term goals. Consulting a financial advisor can be especially helpful if you're new to buying and selling individual dividend stocks. You can also ask your advisor questions about reinvesting your dividends.
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks.I believe having 150K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn to invest or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities.
Personally, I sometimes use my dividends to buy other dividend and growth stocks for diversification instead of reinvesting in the same stock. To each their own methods though. The good thing is that you’re investing in the first place and that’s what’s important. Salute for the content!
Which is a delusion - banks hold currencies - currencies are an abstract representation of entire countries with their infrastructure, markets, taxes, economy, security and so on...bitcoin is an abstract representation of fuck all - they are like expensive art - they only have value cause some fucking idiot is willing to pay for them in real money
Banks exist for a reason, and if eliminated, would just spring up again because they are useful and needed. Cryptocurrencies will never change that, and it’s not clear to me why anyone ever thought they would.
We are already in the big crash , inflation is a catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt,the FED will have to pull all the stops . The unfortunate issues is that the other market are being decimated. If you want to stay green ,you have to rely on a lot of diversification. Currently up 15% and being carful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.
You’re right I diversified my $350k portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above 1.2m in net profits across high dividend yield stocks, ETF and bonds during this red season.
As an elder millennial, one of the few advantages is having lived through the Great Recession. My advice. Reduce unnecessary expenses, increase your savings by investing in financial markets and do not sell. One thing I know for sure is that diversifying your income can help insulate you from much of the craziness going on in the world.
True..... I'm thinking of investing in stocks or digital assets to grow my money for the first time, but I lack the in-depth knowledge and mental toughness to deal with these recurring market conditions. please any advice or pointer on how to outperform the market producing good returns
It's true... It just takes a good mindset and nerves of steel. I was deeply invested in 2017/2018 in a well-diversified portfolio of stocks and digital assets that grew 4x with capitalization, venturing is not necessarily just about funds but also to be well informed. It's a long term plan for me so I invest and reinvest
Search and connect with Eileen Ruth sparks . She’s a verified CFP and she helped me see that returns can be made in both bull and bear markets. She covers things like investing, insurance, making sure retirement is well funded and looking at ways to have a volatility buffer for investment risk, lots of things like that.
I searched for Eileen by her full name and she seems quite trustworthy and knowledgeable. She is a fiduciary acting in the interest of the individual. So I left a message on her site, I hope she will answer soon.
It's a miracle and I would testify, 110k bucks every 2weeks! I now have a big mansion and can now afford anything and also support God's work and the church
After I raised up to 325k trading with her I bought a new house and a car here in the states🇺🇲🇺🇲also paid for my son's surgery(Oscar). Glory to God.shalom..
It took me four years to discover that forecasting the market based on charts is pointless; you never know what will happen. Without a mentor, those four years were miserable. Now, I watch market trends and keep things basic and disciplined. I currently earn an average of $35k every week, despite the fact that I barely trade myself.
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Gomez. A widely known crypto consultant
I started working with Alex Gomez back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.
This is a correct sentence. However, he was wrong when he said cryptocurrency has no value. New generations of cryptocurrencies like ethereum, avalanche and solana have great applications and they have values for sure.
You only need access to the right info. I've been able to produce a net profit of little over $115k from high dividend yield stocks, ETFs and equity. Yet, the real secret is having a good trading coach like Jodynorman to guide you.
Skilled traders like Jody Norman are the cheat codes of most crypto influencers flaunting their luxurious lifestyles, but I wonder why they don’t mention or talk about it to the public🤷🏻♂️
Taking the first step is the hardest, but 7 house later living off passive income since June 6, 2016. You’ve got to start taking steps to achieve your goal.
I really want to start something for myself but the problem has always been not knowing where to start. What kind of investment would you advise? And what is the best way to follow it?
All passive income ideas work as long as you put the work in. I focus more on stocks, cryptos, Gold coins, real estate, bitcoin, and forex . With the assistance of a financial consultant, I’m doing well for myself.
I think there will always be a "market" for cryptocurrency since there will always be those willing to grift and just downright scam other's for a quick buck not to mention people in tinfoil hats who think their fortune is "safe" with crypto because it offers them a form of anonymity. As for whatever crypto will replace fiat currencies, yeah no. It's never going to happen because it simply lacks someform of centralized banking system which makes it's value incredibly volatile, your entire fortune with crypto can be thrown out the window the very next day.
Crypto is risky as many would say but I think the actual risk in Crypto is not investing, buying the capitulation isn't a tough call, but it is a very tough call to figure out what to do aside holding. I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time
How can one start,most times people don't know where to start when it comes to crypto. But it would be great if you can provide proper guidance on steps to follow please
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Gomez. A widely known crypto consultant
Please I need someone to help me trade or invest the forex or crypto market because I'm tired of trading in losses myself. I've blown my account twice and it's frustrating..
I will always recommend Expert Emily Jason to anyone who wishes to invest in forex/crypto trading, her strategy is working for me. I'm making good profits from bitcoin trading
"Knowing when to exit a profitable speculative investment" and not falling in love with it and riding it back down again is 99% of being a successful Speculator.
Hailey has been managing my investment since we started. All I do is sit at home and make withdrawals every week without any knowledge of trading. She does everything by herself
"Invest" in blockchain tech, "trade" the coins or whatever when it has market appreciation. Don't ever consider both of em as "assets". Translate the earning to traditional assets. Balance things out properly. Tech & policies may change for the better or maybe worst in the future. So does opportunities. Be in or out at opportune moment. Keep a good look out.
Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment...
It's a delicate season now, so you can do little or nothing on your own. Hence I will suggest you get yourself a professional that can provide you with entry and exit points on the securities you focus on.
Corinne really seems to know her stuff. I found her online-page, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her.
I, too, went through a period of losses before discovering the trustworthy Hailey Gassmann. She manages my portfolio, providing consistent weekly returns. I'd recommend her, especially if you're new to this and facing losses.
Hailey, who graced CNBC, is someone I trust. Among the brokers I've experienced, it's Hailey Gassmann's trading services that have truly excelled. My investments are well-cared for, and I've been living a comfortable life thanks to her. My gratitude is boundless.
It's heartwarming to find her name mentioned in this context, given that I was introduced to her through the remarkable tales of others. Starting my investment journey with her has truly been a turning point.
I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time .This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Gomez. A widely known crypto consultant
I started working with Alex back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.
Interesting...Most people think that investing in crypto is all about buying coins and leaving it to rise. It take lots of analysis to be a successful crypto trader.
I invested with her after I got a loan from a friend and now after receiving profit, I paid my friend and reinvested over and over again. I must say she's a very transparent and honest personality
She is an expert trader and her trading services is reliable and transparent and apart from myself, I have never seen any of her customers complaining about loosing their money, and I have made over $30000 under her management.
I am just grateful to Warren Buffett because he never says he's tried of saying the same answers that won't change over time no matter how people asks or no matter when people asks , the same questions in different ways...
Gold has been used as money for the last 5000 years and has maintained its value even with inflation. Gold is used in the medical field, technological field and many production processes. Central bankers accumulate tons of gold because they know that fiat currenciess are losing purchasing power and gold is an insurance against currency failures.
People ask me why I put 5-10% of my portfolio (not counting real estate) into gold. I tell them I am not trying to make money, just preserve what I have. I am retired.
As someone who worked in the gold and silver business for six years, I can assure you that neither one is a store of value nor a hedge against inflation. Gold hit more than $1,900 per ounce in 2011. It's below that today. How much more currency is in circulation more than a decade later in 2022? How much inflation have we seen just in the last year? Gold price today in 2022 is below its 2011 peak. Meanwhile, the stock market has tripled since then.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to make.
I've been in touch with a financial analyst ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
@@AngelsEyes-ny1pc I happen to know Heather Ann Christensen. She has been my fin coach since 2018, no major losses has been recorded. Totally recommend her too.
@@JaykeTurner Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
Its not a ponzi scheme. It's a 'greater fool' scheme. They work in different ways. In a Ponzi you take money from some investors to pay others,, and it is a fraud. In a greater fool scheme you buy something of no or little value, and try to sell it for a higher price to a person (the greater fool) that also wants to sell it for a higher price and so on..
He says right at the beginning it doesn't do anything, but no currency does. When you stare at a dollar little baby dollars don't come out either. Wtf was his point? All currency is the same in not giving you anything when you stare at it.
Please how do i find a secure online investment platform where a professional trader or fund manager can trade on my behalf and make consistent returns, as i have been holding cryptocurrency for some time and am currently losing money.
Yeah and its not even our fault or our parents. Its gods fault and its all genetic and life and if your parents are dumb you are stuck with it. No one gets to be steven spielberg if their parents arent hardwired to be genetically. Your brain plasticity makes up your IQ and its not your fault. Its OK. You dont get to choose who you want to be and you can only be the best YOU can be. And that makes you stronger than Warren who has been spoonfed his intellect.
DO YOU KNOW THAT CRYPTO CURRENCY/ FOREX TRADING IS A BIG CHANCE TO MAKE MONEY NOWADAYS, IF YOU CANT SER DAT AT THUS POINT, ITS TIME TO LEARN MORE ABOUT IT.
Crypto currency investment has been the highest currency for trading , I have been trading yet am still having looses. Please can someone recommend a good broker for me, I really need an assistance.
I don’t disagree with the grandads, however the people in charge have screwed up the system so bad. Keeping rates artificially low has forced many people to invest in risky schemes. Never put blind faith in what people are telling you. It’s like when the company you work for is going down the toilet and your manager tells you everything is fine, even though he/she already has another job lined up
They don't recommend you hold cash either. All they are saying is that you should invest in an asset that is productive, not an asset sitting there doing nothing.
@mo fun gold and silver tend to follow the market and now crypto does too. They are looking for hedges against market drops, but it doesn't work as well as one might hope. Might be better to have some crypto replace silver so the metal can be used for more useful things than sitting in someone's closet
Вы правы, я стал жертвой такого поступка, только после учебы и разговора с друзьями, до того, как я отпустил свое прошлое, и это лишило меня огромных преимуществ, потому что я думал, что они все одинаковые, я молю Бога дать мне еще один шанс.
@@smartlucas412 ju kërkoni mbështetjen Helen, Në këtë mënyrë ju mund të merrni strategji të dizajnuara për të adresuar ëndrrat tuaja unike afatgjata/shkurtëra dhe financiare.
У большинства людей сложилось неправильное впечатление о биткойнах и криптовалютном рынке. Говорят, что это неправда, но когда у вас есть письменная информация и вы инвестируете с реальным трейдером, таким как мисс Хеллен, тогда скажите мне, кто помешает вам добиться успеха?
Nice video with good info, It is really helpful to us traders, Investing on crypto is the best and fastest way of making money, but only few understood the secret of crypto.
If you want to achieve success, especially in the area of finance and business, you should look beyond your fears and push for the goal. Pushing through, regardless of the opposing factors will only increase your chances of getting the result you seek.
You work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K in a meme coin from just a few months ago and now they are multimillionaires.....
Nice video and thank you for breaking it down!! I still see cryptocurrency as one of the best digital investment and i totally love the technology. As a trader, I'm so glad. I can smile back at my portfolio of $66,700 made from my weekly trade within a short period. I feel one Of the greatest challenges that we first timers face in the market is that we end up losing all we have, making it difficult to find ourselves back to our feet. My biggest advice is to always seek the services of a professional just like I did when I ventured into it for the first time. Big thanks to Justice Fadel
How can one start,most times people don't know where to start when it comes to crypto. But it would be great if you can provide proper guidance on steps to follow please
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Justice Fadel. A widely known cypto consultant
Justice Fadel signals and prediction is awesome actually i was skeptical at first lol, until I decided to try. It's huge returns is awesome! I can't say much.
I FEEL LIKE THE HOLE SEASON IS OVER, I'M TRYING TO GET INTO TRADING AS A ROOKIE, BUT I'VE HAD SO MUCH LOSS0 TRYING TO TRADE ON MY OWN, PLEASE WHAT STRATEGIES DO I NEED TO EARN PROFITS FROM THE MARKET came here to learn how to trade after listening to this video lI'm still confused, I'm a newbie and I'm open to ideas.
The best strategy to use in trading is to trade a professional who understands the market quite well, that way maximum profit is guaranteed. Because I have learned along the way of my investment that research and analysis are important, note that experience is more needed, than luck when it comes to the financial market.
most tinmes it amnazes me greatly the way I moved fro an average lifestyle to earning over $62k per month, utter shock is the word. I have understooda lot in the past few years to doubt that opportunities abound in the financial markets, The only thing is to know where to focus.
have my funds very well diversified, though I did it using copytrading system from the advisor "Dailey Carinn Stephanie ",a FINRA licensed and regulated broker from the ULCA Anderson in the US.
You wouldn't hear anything new or unique from either. Mr Buffett says he doesn't know how to value bitcoin which is laudable; no pretenses. I've yet to hear Mr Saylor express how to value bitcoin when doing so would disprove naysayers.
The point about cheque books and wire transfers blew my mind. This is the same with bitcoin but chequing companies didn't go 10000X same with wire transfer companies. Back then that was a fantastic new technology that's going to shake up the financial and money world. People are over reacting to Bitcoin
I like that analogy too. I've always had an unsettled feeling about people getting rich by trading on a way to pay for something. Maybe gold-backed stablecoin has a practical use case?
I love that. Forget about bit coin or anything else. What Charlie says is the best learning for me. If you disagree with something someone says, know more about what they are talking about, not what they are not talking about.
@@blobtv7444 for the sake of civilization, it’s better to focus on producing assets, things produced out of thin air that sucks up a lot of financial commitment isn’t good for us in the long run. I think that’s also part of his point too.
@@blobtv7444 It consumed a ton of energy and produced *nothing* of actual value. It didn't produce food or building materials, it didn't make life better for the people on the earth. And, deservedly, we're seeing cryptocrap tank hard now.
@@blobtv7444 It did not produce anything. Only thing bitcoin has done is redistribution of money, from a large number of bitcoin investors to a small number of early investors who left on time. Something that happens always with a ponzi scheme.
When this video was made Bitcoin was about 55K now it’s at 17k. Buffett was right. It is also ironic how he predicted crypto exchanges would be mostly fraudulent. This was way before we saw the bankruptcies of Celsius, Voyager and FTX.
I wish people, especially young investors would learn more about P/E ratios. And learn what really drives the price of a stock. Most people today have no realistic idea of an average return or above average. They have unrealistic expectations which will often lead to disappointment.
While P/E is important when it comes to true “value” of a stock, what Buffett said is key-will the stock you buy be more of value to whoever buys it in the future. Will the future investor be excited to buy that stock.. a lot of investing these days has to do with whether or not people think a company will produce great products or services going forward or if they wont
P/E ratios are as much of a bs and useless info as many other “fundamentals”, as a broken clock it shows you the correct time twice a day, on a way up to market euphoria and on a way down.
P/E ratios don't price in the exponential possible returns of technology. It's a tool made for an era where producing products incurred a predictable cost. Technology products can be "mass manufactured" at exponential scales. That, and network effects don't reflect in P/E ratios at all.
Most people don't understand the basics of money at all, never mind investing. It's such a shame. I wish they would have started teaching me about it in the first grade. It should of been one of the core class subjects, up there with: English, History, and Science.
The problem with bitcoin is that people are mistaking economy and currency as the same thing, and also, that they are not associated with anything else but economy itself, well as Charlie said, Dementia
Economy literally means, the management of resources used in a society. Currency literally means, a universal unit of measure for value which can be used for every trading transactions in a given society. How the actual fuck can anyone confuses "economy" and "currency"? You can't buy, or trade, economy. Economy is a concept. Currency is an asset.
Economy is a set of activities and regulations linking production and consumption of real physical assets or services...modern fiat currency is an abstract representation of economies of entire countries - their production ability, consumers but also their tax abilities, security, infrastructure, assets, land and natural resources - it's an abstract representation of actual physical things... bitcoin represent fuck all, produces fuck all, and costs more in energy than some small countries😉...it's an economical cancer
This is a well detailed and an informed video. Invest For The Long Haul, Don't Get Too Greedy And Don't Get Too Scared. The biggest risk of all is not taking one
Having monitored my port_folio performance which has made a jaw dropping $370k from two quarters alone, I've understood why experienced investors make enormous returns from the market
Interesting, I have a lump sum doing absolutely nothing at all in my bank account, I wanna get something started with it. You seem to be doing excellent for yourself. Do you trade on your own?
I trade with Expert Denise Mitchell, a FINRA regulated broker. Met her sometime early last year at a startup funding event. She had some interesting things to say about the state of algorithmic trading today, very obviously, it's reflecting on my portfolio
I earn over $10,650 weekly and often time more. It really does depend on your Capital and I only send her a commission of 20% after I have made my profit withdrawer. She doesn't demand for a service charge either
well talking about bitcoin is not the same than talking about blockchain technology. I personally don't invest in bitcoin because there is no value for me. It just "the same" than gold. Instead I invest in crypto projects that are bringing innovation, new technology. There is were you have the future compared to e commerce and stuff. Now you have entretainment projects build on blockchain. Descentralized, controlled by people and community. And it will bring publicity, and people and money. Money calls more money.
I am new to Bitcoin trade and I've been making losses but recently I see a lot of people earning from it. Please can someone tell me what I'm doing wrong...
Oh I thought everyone knows that The market is profiting if you are using a really good broker or account manager to help out with trades or provide signals....
I highly recommend Mrs Florence Cambell to anyone that is in need of a reliable broker she is my current trader , she's from United Kingdom and her strategies are earning a lot of profit from her.
@@savillebilodeau4499 .All you have to do as a beginner to make good profit in cryptocurrency is trade with a professional trader who Will always notify when to BUY/SELL else you make losses.
It's strange how people talk about all the returns and earns they have been making through trading cryptocurrency. While am here making huge loses. Please can someone put me through on the right paths.
Problem that I find with cryptocurrency is that who dictates the currency for a country? The government do. You can't spend Filipino dollars in america. So if the government decides to ban crypto and you are screwed. Also another problem is money in itself it's something everyone agrees upon as acceptable trade. Money itself is valueless. It only has value because everyone agrees it has value. So crypto will never have value until everyone agrees for it to have value. Unfortunately I'm not going to take my chances on hoping for that to happen.
Confidence is king. Money is accepted as currency because people believe in it, and the value it represents. A decade or so ago, Jason Goodwin wrote an interesting book called Greenback. The subtitle of the book is “The Almighty Dollar and the Invention of America.” Goodwin contends that an effective currency is nothing more than numbers, laws and credence. Without the confidence of the people, no amount of reserves will prop up a currency. I would add that currencies are built on the scaffolding of value established by governments -- the resources, production capacity, financial markets and laws that form a country's economy. When you look at currency markets today, you see that the relative values assigned to British Pounds, US Dollars or Turkish Lira reflect popular confidence in those governments. Cryptocurrencies lack that foundation of trust. In fact, there is NOTHING supporting the value of cryptocurrencies now, except the popular belief that they are worth something.
Porn outfits and coke cartels can agree to accept it. Anybody else can just send money in the open. The main "value" of crypto is facilitating crime. So it does have an actual function.
To be fair he seems like a nice guy that understands exactly what is going to happen to bitcoin without having to know all the details. An asset that can't produce revenues and is only purchased in the hope of someone else paying more for it later
He makes it sound like bitcoin is a fad. Like all fads. It all comes to a end. The atari use to be awesome. I can't seem to find anyone who owns one now.
@@crowviking You've completely missed the point. Value can't be produced. You can only produce things which have value. The "value" you refer to, is only the belief that the next person will pay more for the crypto currency than you did.
The people trying to argue that he's wrong because they managed to make a few bucks on spikes and dips just prove they don't understand what "value" means.
Fiat currency has real tangible things backing it. A functional society and economy and a pile of Weapons, Bitcoin is hot air used to shift wealth from the poorest worldwide to whales.
No it isn't...fiat currency is issued by a government of a specific country - and it's an abstract representation of value of that country and ALLL its physical assets.... bitcoin represent fuckall
THAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN...I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED... CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG?
Please I need someone to help me trade or invest the forex or crypto market because I'm tired of trading in losses myself. I've blown my account twice and it's frustrating.
You need to have some knowledge and experience in trading market to understand what he said. These cryptocurrencies are heavily manipulated because some brokers will give their clients 100x over leverage for crypto trading. The price of crypto can be make up easily in short term by whales. So he will never short it (for short-term), but he believe in 5 years the price of cypto will drop significantly (that would be his long position)
Warren I respectfully disagree on your view of Bitcoin and Cryptocurrency. As I respect you as an ultra successful businessman, your views of Crypto are wrong IMHO. Jan 8, Spot ETFs got approved and crypto is being mass adopted. Please be honest, come forward and tell others that crypto is a legitimate money asset.
*EVERY FAMILY HAS THAT ONE PERSON WHO WILL BREAK THE FAMILY FINANCIAL STRUGGLE I HOPE I BECOME THE ONE ☺️... IN A FEW WEEKS I WAS ABLE TO PAY OFF MY DEBTS THROUGH INVESTING IN CRYPTO TRADING*
The best strategy to use in trading is to trade a professional who understands the market quite well, that way maximum profit is guaranteed. Because I have learned along the way of my investment that research and analysis are important, note that experience is more needed, than luck when it comes to the financial market.
Yeah you're right, most times it amazes me greatly the way I moved fro an average lifestyle to earning over $62k per month, utter shock is the word. I have understood a lot in the past few years to doubt that opportunities abound in the financial markets, The only thing is to know where to focus.
Privacy of purchases and the ability to flow through multiple currencies as well as not be interfered with a central bank is something. Especially when central banks and politicians are continuously eroding the dollar bill.
What Mr Buffett says about Bitcoin, it could be applicable to any fiat currency. Fiat currencies go up and down on value. Some people are doing well buying and selling fiat currencies. The same could be applicable to cryptocurrencies.
There's a lot more institutional and military backing of fiat currencies, and also consumer protections. It's legally required to be accepted anywhere in a given country to facilitate ease of commerce. Fiat transaction costs are also near zero (Often free for consumers). BTC has insanely high transaction costs and transaction clearing times. Other crypto tech already exists that does what BTC was intended to do 1000X better. What makes BTC so special, beyond a first-mover advantage and name recognition? It's essentially throwing your money behind software updates, which makes zero sense. Can you imagine betting real sums of money that iOS 5.1 will be the update to rule them all, and then iOS v5.2 comes out?
Difference is the dollar can be used to purchase any and everything. As soon as bitcoin is accepted in every store across the country and can be paid as a salary or used to pay taxes then I will be more than happy to use it. Even if we ever get to that point Bitcoin is still not an investment, just a currency.
Fiat currency and it's value is based off of the country's economy. If the economy is doing well - i.e. USA - the currency has value because of the trust in the strength of the USA economy and trust in it's government. You can exchange currencies into dollars, and you can see what USA produces in terms of it's GDP. You can compare USA to Venezuela or El Salvador where the currency in question is not as strong. Why is it not as strong? It is because it's economy is not doing well, there is eroded trust in it's government. When we are talking about fiat currencies and it's values, we are not talking about the value of the currencies - we are talking about the value of the origin countries' totality. I can buy a Chinese RMB (for the sake of argument, ignoring the peg) - and depending on China's future economy - I can say it is worth more, or worth less. China chooses to close it's borders and stop international trade in the future? Well then, my RMB became worthless. China chooses to invest heavily in it's belt and road initiatives, in education of it's population thus increasing economic output? Well then, my RMB increases in value. This is inherently different than crypto-currency. When you buy crypto (I too have a 5% portfolio allocation) - I am not buying it because it has some kind of relative worth that can be compared to it. It by itself does not produce anything. Buffet, in this regard is completely correct. Well then, you may argue for it to be a future currency that depends on world economy, or argue that it is an indicator for current black market economy. But then ask yourself this, if your cryto currency can increase a significant amount tomorrow - will you really use it today? As it is right now, it is a tool of speculation and not commerce. It is not a good indicator of the world economy or black market economies - at best it is a store of value similar to gold, with Ethereum akin to oil. So what about the future of Crypto? Either bitcoin's worth skyrockets to a degree and is adopted to a point where it is no longer volatile and we begin to trade with satoshis, or it's energy consumption prompts world governments to ban it completely, or another more technologically sophisticated coin completely wipes the floor with BTC. Either way I will continue buying the dip hoping someone else finds it to be worth more than I do.
Not true Fiat currencies have a yield through their government bonds attached to that currency Bitcoin as yet does not have a bond attached to it therefore no yield
I could see bitcoin was computer program that is what it is, gold is something you can hold in your hand, land is something you can walk on, bitcoin is a few semiconductor junctions switched in a particular order on a sheet of silicon, but electronic money is also, unless people can convert the bitcoin into physical items they may only end up owning a few electrons on a silicone chip.
Fiat currency derives it's value from the institutions that make them, the laws that regulate them, and the economic output of it's origin country. Similar to a farm where you can see the crops grow, with paper money you can see the country's GDP growth and economic output. Like buying stocks for Apple or Tesla, with a dollar, you own a slice of the country. So what does BTC produce?
It's not that he doesn't understand it, it's just his assets are not located there. He doesn't want another system of wealth to grow. He wants what he know and where his money is placed. It's why all these people who are tied to the existing system keep trashing Bitcoin. The Dollar is not tied to gold, and it hasn't been for decades. That is why it is worthless. It is only worth something because the government says so, and it is only backed to 250k by the Federal Reserve Bank, which isn't even a part of the Government but an independent body.
I am not particularly a fan of Bitcoin but his arguments fail for Ethereum,ether is value producing asset ,you get more eth by staking eth also eth is limited . Stablecoin transactions and other transactions need eth to pay gas fees that's where eth gets it value from.
@@PoorMansInvesting Buffet makes 2 billion just in dividends, every two years, just from Coke. Thats not even including capital gains, or his many other companies.
@@MurrMan23 first off, your stretching those Berkshire numbers not Buffett numbers. I should have been more clear... how about percentage returns? RH was just starting out in 2000 from a poor family and it wouldn't surprise me if RH went to the grave with more than Buffett.
you need to listen to the right people for the right sectors. Buffet might know his productive assets, but he has self-admittedly no clue about technology. Listen to Buffet for traditional industries, folks like Sam Altman and Marc Anddreesen for emerging tech.
Don’t trust Buffet and Munger too much. They admitted they didn’t study crypto, just like they didn’t study Microsoft. DYOR. You should check out on Satoshi Nakamoto’s quotes.
Big thing about Gold is the ever increasing scarcity of the metal & this holds true for just about any commodity. The portability factor is also a great plus. There is and will always be a ready market for gold and precious metals. The diamond market, unless trading perfect and large size stones is infinitely worse.
you buy money with food actually. you can buy bitcoin with food as well. btc is not buying an asset, it is buying a different kind of money. money has no value in itself, it is a representation of value. too old school to think of only fiat it's a new kind of money. not an investment really.
Still, you cannot pay most of your expenses with bitcoin, so it's not a very practical kind of money anyway. It may become the default kind of money in the future, but that makes them a highly speculative investment.
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I think I'm blessed because if not I wouldn't have met someone who is as spectacular as Expert Mrs Lucy Mary Liam. Though I started with $1000 but it was successful, it's been four months since I started investing with her and it's been a great experience
Wow I'm just surprised someone mentioned Expert Mrs Lucy Mary Liam I thought I'm the only one trading with her. I also trade with her and i earn $5,000 every week, all my family have been trading with her and making profits, we love you Mrs Lucy Mary
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How long does it take to learn and make money after you get going? I might like to try it out in the Future maybe? Still kinda hesitant about it because i don't know all the ends and outs pros and cons.
Wow what a coincidence you invested with Investor katelyn carolina also? I also trade with her I get to earn a biweekly trading income £25,000, pioneered by mrs Katelyn ensuring sustainable profitability in my investments.
If I spend $1000 on Crypto, how much of it do I get? Is that a good amount for my $1000? I can look at the price, but I have no idea what the value is. The price of a unit might go up or down, but since I have no way to calculate its worth, I am merely speculating.
Warren said in this video he would not short something he doesn't understand yet he yammers on about how sure he is that he understands it is worthless. I hope he realizes the contradiction in his position.
Investing in different "cryptocurrencies" like AVAX, ETH, BTC is the same as investing in technology. Warren didn't buy Apple stocks before 2016, so not listening to him in regards to being early in the tech industry. I respect him regardless though but I think he is dead wrong on the blockchain side
Yeah, no it's a fucking tulip. NFTs are even funnier because they tie an image (something completely replicable) to the Blockchain. So essentially every NFT is just a single unit of a new cryptocurrency which uses the image as it's name.
Apple produces great products and bitcoin has no function aside from transactional and speculation. People made lots of money in tulips too but it's all gambling not investing. But you geniuses need to tell Warren how wrong he is.
Bitcoin is not a technology as it produces nothing while consuming huge amount of energy...it's an abstract representation of nothing...fiat currency is an abstract representation of value of an entire country
I really feel left aside hearing and seeing several testimonies from people on profits they make from crypto/Forex investments. Can someone please recommend a good expert that can trade on my behalf and generate profits for me.
Same here, it's strange how people talk about all the profits, they've been making through investing in crypto currency, while am here not making any profit at all. Please can someone put me through on the right path?
I'm one of her clients... and I'm a living testimony of Expert Mrs fedora_fx_burkina. She has changed my financial status for the best, all thanks to my friend who introduced her to me
I wish he'd talk more about the idea of money. He has dollars in his wallet, those don't produce anything either. Maybe so much money gets moved illegally because poor people are fed up with being raked over the coals by governments. It's no secret governments print money creating insane debt. Dollars in your wallet don't produce anything, yet Warren owns dollars.
He is TOTALLY correct. As a historian who is also trained in economics, I can see nothing to indicate Bitcoin has any real value. I tis even more the case with all of the lesser coins. ALL OF THEM are based on Ponzi schemes.
Actually I trade cryptocurrency on a platform,with assistance from their top crypto experts.Mrs Evelyn is my professional assistant,I have been with her for 6 months now....I've really made alit from her strategies in trading of cryptocurrencies
This is the first time I’ve heard this. It makes a lot of sense, I looked up the Tulip investment of the past, and it was the same thing, non-productive, the value was others didn’t want to miss out and then spent more, and of course collapsed in the end. I do think Ether could have a future if it is actually “New internet real estate”, for if it is you are buying land on the internet that others will need. I’m just not sophisticated enough.
But with crypto there's the potential to be as productive as a bank or an insurance company. Programmable block chains are an important innovation that does provide an alternative to banks and centralized fiat currencies controlled by governments. It's probably not gonna fully replace banks or flat, but the fact that you can earn more yield on crypto than any savings account says a lot about how the current financial system will have to either adopt the technology, or compete with it. Banks and governments no longer have a monopoly on financial products, how's that for a "non productive asset".
Yeah like others have said, his references are completely different. I’m not an advocate for bitcoin, and I believe that people should invest wisely, but it’s hard to take somebody seriously when they say they don’t know much about what they talking about… The bitcoin is limited, period, so there’s only so much that will ever be created. He gets it wrong with the idea that you are betting on someone else wanting it, and due to this the value is suppose to spike. That’s not the case in a long term sense. The point is, if it does replace normal currency over time, then it will be gradually harder and harder for people to buy into, and bitcoin will become more and more expensive. If crypto completely replaced our current currency, those who own it would see the value of it go up. Eventually once everyone has it, it won’t be traded because the value will stick, those who invested early will have a larger asset than those over time who slowly transfer funds into it. You are betting on the fact that bitcoin will replace the current currency, which it might.
You are buying yourself a means of payment outside of the system. Especially with decentralized exchanges - the money is in YOUR wallet, NOT in your bank account that is actually NOT yours, and no government can prevent you from using it, or make it expire if you don't spend it, like the CBDCs. Also, Bitcoin is anti inflationary. There are only so many Bitcoins that are going to be minted => long-term it will behave more like gold. For the people who don't know how to invest, it has the potential to at least preserve value compared to a fiat currency.
This clip is back when bitcoin was 9,300 USD. What is it now? Moving back and forth between 50,000 USD and 60,000 USD. I'd say Buffett sorta / kinda missed the boat on this one. I'd like to at least see a more recent post on anything he & Munger would have to say.
I think they haven't changed their minds. I may be able to make gains on bitcoin by buying it cheap and selling it later on to a greater fool than myself with a profit, but that's not an investment in future value, it's a gamble on future demand. It's like investing in Beanie Babies.
So what ? He missed the 17th century tulip mania as well. But he still is one of the richest men the world, and unlikely to all the cryptos , his assets are real, not imaginary virtual tokens made of zeros and ones. Delusions can last for some time , no doubt about it, but sooner or later , there will be no greater fool left to be found , and all the crypto maniacs will be left with its intrinsic value , which is 0.
I think you are missing the point. People would have said the same thing about the housing market in 2007 about a warning made in 2005. The naysayers look like idiots until they are suddenly correct. Food has inherent value. Companies have inherent value to the extent that they are producing useful products (and not scams). Bitcoin only has the value people ascribe it. This is different, from say Tesla, which actually makes cars that, assuming we still have electricity, will always have some inherent value and will bounce back from sell-offs as long as it is run well and continues to innovate, and there will always be companies that are well run and innovate. That is why the stock market always rises over longer periods of time. It is true that bitcoin can't be inflated like the US dollar, but demand (or lack thereof) can dramatically change its price and can actually push its value permanently to zero. If China and North Korea have been hoarding bitcoin and they suddenly decide to dump it as a form of economic warfare, the price would crash nearly to zero. If another, more sophisticated crypto currency looks like it can meet the needs of people better (like maybe ethereum), Bitcoin could crash, never to rise again, replaced by a more useful currency. 10% of people are investing in bitcoin because they believe it will be a liberating technology. However, 90% of people are investing in Bitcoin because they believe they will eventually be able to sell it for much more than what they bought it for (rather than an investment with inherent value). They are trying to make lots of money quickly. Those are exactly the kinds of circumstances in which tulip-like bubbles form. It may go up to $500k/coin, but, it could all go down the toilet after that. Investing in bitcoin is simply gambling at this point, and unlike index fund investing, which is guaranteed to go up over time (assuming civilization doesn't collapse), there is no such guarantee with bitcoin. I understand people's frustration with paper money. However, there are all kinds of inflation resistant investments that will always bounce back (on average) from sell-offs because they represent inherent, growing, productive value
There's a lot more institutional and military backing of fiat currencies, and also consumer protections. It's legally required to be accepted anywhere in a given country to facilitate ease of commerce. Fiat transaction costs are also near zero (Often free for consumers). BTC has insanely high transaction costs and transaction clearing times. Other crypto tech already exists that does what BTC was intended to do 1000X better. What makes BTC so special, beyond a first-mover advantage and name recognition? It's essentially throwing your money behind software updates, which makes zero sense. Can you imagine betting real sums of money that iOS 5.1 will be the update to rule them all, and then iOS v5.2 comes out?
His analogy is just an anticrypto and anti gold , at the end of the day Gold is still here and consider a currency in any type, shape or form in any part of the world, crypto follows the same path in a digital world, the dollar in the other hand once it went out of the gold standard with Nixon, it’s really worth based on what the world’s belief the US Economy potential growth will be or it’s currently.
Risk management should always come first, the reason many traders lose money is not simply due to inexperience or a lack of knowledge of the market, but because of poor risk management
Right, but then proper risk management doesn't guarantee profitable trading. If you want to acquire better trading results emphasize more on trading when liquidity is present. Nevertheless you need to be able to analyze good market entries and exit
Losses are necessary, as long as they are associated with a technique to help you learn from them
@@RhondaLawson014Identifying good market entries and exit has been a very troubling for me. What does it take to analyze good market entries and exit like you mentioned???
Substantially it takes assistance from an expert to perceive good market entries, demand and supply zone. I don't even worry about market entries and exit since I trade with trading Expert Bianca Harley Doran. She runs the risk management and research while I get good earnings through her strategies
Risk management is one of the most, if not the most, principal component to always look out for
Net worth truly snowballs after $100k! Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE!
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
Hello, I don't know anything about investing and I'm looking to invest, any help? As well who can I reach out to?
Most people today have been having a lot of failures in forex and crypto because of poor orientation and bad experts.
It's wise to seek professional guidance when building a strong financial portfolio due to it's complexity.
I think I'm blessed if not I wouldn't have met someone who is as spectacular as expert Faith Reece
Talking to an expert like Faith Reece to reshape your portfolio is a very smart move
It's great to see others who also benefits from the service of Faith Reece
Crypto is risky as many would say but I think the actual risk in Crypto is not investing, buying the capitulation isn't a tough call, but it is a very tough call to figure out what to do aside holding. I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Gomez. A widely known crypto consultant
I'm surprised that this name is being mentioned here, I stumbled upon one of his clients testimonies on CNBC news last week...
I started working with Alex Gomez back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.
The most important lesson I've learned over the years, no matter what the investment happens to be, is that if everyone is talking about it, it's too late to get in.
Or when people are panicking, you buy. Such as two weeks ago when XRP reached 0.50$, I bought it and sold it at 0.89$ now, nearly a 2x profit in a couple weeks.
Not really. You just have to wait longer
Agreed, if it’s mainstream, you’ve missed the boat.
How do you define "everyone"? What about apple and amazon in 2003, or bitcoin when it was $400 per coin? All were heavy discussed in the investment community and regular media at the time but the people who made the right decision won. It's really about being first. Everyone can talk about an asset but if you're one of the first to take the plunge you can reap the benefits.
Your dum for selling world reserve currency. I hold 4k xrp. My goal 100k yet was broke when xrp was @ 1penny to 50 cents. Bitcoin can still crash to 11k though
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
How can one start, most times people don't know where to start when it comes to crypto
But it would be great if you can provide proper guidance on steps to follow pleaseBut it would be great if you can provide proper guidance on steps to follow please
As a beginner investor, it's essential for you to have a mentor to keep you accountable. Myself, I'm guided by Coach Elena. A widely known crypto consultant
Please how can I get in touch with this Coach Elen? I really need to give her a try
Elena Fx Hernandez THAT IS HER USER NAME
As an lnvesting enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
It's best to seek an advisor right now, unless you're canny yourself. As a business owner in both the service industry and eBay reseller of all product categories, I can tell you we’re in a deep recession and everyone is running out of money.
I agree, that's the more reason I prefer my day to day invst decisions being guided by a invst-advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a invst-coach for over 2years+ and I've netted over $900K.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
She goes by 'Linda Aretha Reeves ''. I choose to delegate my excesses to her because of her great expertise. I suggest you look her up. To be honest, almost didn't buy the idea of letting someone handle growing my finance, but so glad I did!!
Thank you for sharing, I must say, Linda appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive.
The problem we have is because Most people always taught that " you only need a good job to become rich. These billionaires are operating on a whole other playbook that many don't even know exists.
Money invested is far better than
money saved, when you invest it gives
you the opportunity to increase your
financial worth.
It is remarkable how much long term
advantage people like us have gotten by trying to be consistently not stupid,
instead of trying to be very intelligent.
The wisest thing that should be on
everyone mind currently should be to
invest in different streams of income
that doesn't depend on government
paycheck, especially with the current
economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
I also keep seeing lot's of people
testifying about how they make money investing in Stock, Forex and Crypto Trade(Bitcoin) and I wonder why I keep loosing. Can anyone help me out or at least advice me on what to do.
Even with the right technique and
assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
I want to begin investing but require some help. Do you have any advice or suggestions for assistance?
It's wise to seek expert assistance when beginning your financial portfolio. It's intricate, so professional guidance is key.
Consulting with finance pros, such as Della Martin, can be a savvy way to revamp your portfolio. They offer the know-how to guide your choices.
I ensured to spread my $25,000 across various markets for better diversification.
You truly require someone like Della Martin, a dependable trader, to achieve it.
You familiar with her too? Her success story has spread; she's truly trustworthy.
The stock dividend has the advantage of rewarding shareholders without reducing the company's cash balance. However, it does increase its liabilities. Stock dividends have a tax advantage for the investor as well. Unlike cash dividends, stock dividends are not taxed until the investor sells the shares.
A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $110k and in the first 2 months , my portfolio was reading $294,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over 8 year we have been working together making consistent profit with good relationship understanding.
You are lucky and using the right step .
A financial advisor can help you determine if dividend investing is a good fit for your financial goals and can help you develop a strategy. They can also help you consider your risk tolerance, liquidity needs, and short- and long-term goals. Consulting a financial advisor can be especially helpful if you're new to buying and selling individual dividend stocks. You can also ask your advisor questions about reinvesting your dividends.
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks.I believe having 150K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn to invest or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities.
Personally, I sometimes use my dividends to buy other dividend and growth stocks for diversification instead of reinvesting in the same stock. To each their own methods though. The good thing is that you’re investing in the first place and that’s what’s important. Salute for the content!
bitcoin was not intended to be an asset for banks to bet on. It was intended to remove banks from the equation.
And boost criminal activity. Check the post below this. Criminal activity is live right in this comment section alone. That’s how bad it is now.
Which is a delusion - banks hold currencies - currencies are an abstract representation of entire countries with their infrastructure, markets, taxes, economy, security and so on...bitcoin is an abstract representation of fuck all - they are like expensive art - they only have value cause some fucking idiot is willing to pay for them in real money
Banks exist for a reason, and if eliminated, would just spring up again because they are useful and needed. Cryptocurrencies will never change that, and it’s not clear to me why anyone ever thought they would.
Bitcoin is a Libertarian circle jerk
It is not backed by gold or a sovereign nation. There are no underlying assets. It is not an earning asset. It is entirely fiat.
We are already in the big crash , inflation is a catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt,the FED will have to pull all the stops . The unfortunate issues is that the other market are being decimated. If you want to stay green ,you have to rely on a lot of diversification.
Currently up 15% and being carful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.
You’re right I diversified my $350k portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above 1.2m in net profits across high dividend yield stocks, ETF and bonds during this red season.
Jessica Chiara Russell is actually the one that guides me
Look up her name on Google and reach out through her page.she understands the job perfectly
My I bonds are killing it right now. I've been buying them for years and now it's paying off.
As an elder millennial, one of the few advantages is having lived through the Great Recession. My advice. Reduce unnecessary expenses, increase your savings by investing in financial markets and do not sell. One thing I know for sure is that diversifying your income can help insulate you from much of the craziness going on in the world.
True..... I'm thinking of investing in stocks or digital assets to grow my money for the first time, but I lack the in-depth knowledge and mental toughness to deal with these recurring market conditions. please any advice or pointer on how to outperform the market producing good returns
It's true... It just takes a good mindset and nerves of steel. I was deeply invested in 2017/2018 in a well-diversified portfolio of stocks and digital assets that grew 4x with capitalization, venturing is not necessarily just about funds but also to be well informed. It's a long term plan for me so I invest and reinvest
Search and connect with Eileen Ruth sparks . She’s a verified CFP and she helped me see that returns can be made in both bull and bear markets. She covers things like investing, insurance, making sure retirement is well funded and looking at ways to have a volatility buffer for investment risk, lots of things like that.
I searched for Eileen by her full name and she seems quite trustworthy and knowledgeable. She is a fiduciary acting in the interest of the individual. So I left a message on her site, I hope she will answer soon.
@@joesphcu8975 hOw dO i gEt iN cOnTaCt wItH hEr
*Successful people don't become that way overnight. What most people see at a wealth, a great career, purpose is the result of hard work. 🤑🤑*
Since meeting Expert Faith, I now agree that with an expert managing your portfolio, the rate of profit is high, with less risk.
I agree with you. I'm not here to converse for her but to testify just for what I'm sure of, she's trust worthy and best option ever seen..
It's a miracle and I would testify, 110k bucks
every 2weeks! I now have a big mansion and can now afford anything and also support God's work and the church
After I raised up to 325k trading with her I bought a new house and a car here in the states🇺🇲🇺🇲also paid for my son's surgery(Oscar). Glory to God.shalom..
Please how can I reach this Expert Faith everyone is talking about?
Hello I wish to start investing but I don't know where to begin, any advice or contact for help?
It is wise to seek professional guidance when building a strong financial portfolio due to its complexity
Talking to expert like Nancy Hall to reshape your portfolio is a very smart move
Certainly! I diversified my $35,000 portfolio across different markets.
I made a net profit of around $117k by investing in high dividend yield stocks, ETFs, and equity.
The reality is that you can't do it without a tried and true person like Nancy.
It took me four years to discover that forecasting the market based on charts is pointless; you never know what will happen. Without a mentor, those four years were miserable. Now, I watch market trends and keep things basic and disciplined. I currently earn an average of $35k every week, despite the fact that I barely trade myself.
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Gomez. A widely known crypto consultant
I'm surprised that this name is being mentioned here, I stumbled upon one of his clients testimonies on CNBC news last week...
I started working with Alex Gomez back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.
He’s calling Bitcoin a pyramid scheme
Life is pyramid scheme :)
he is not wrong.
You can buy a pyramid with it..
You have to be extra dumb to hold crypto. Enhance human trafficking, drug trading, gun smuggling? I wish governments would shut the trade down.
This is a correct sentence. However, he was wrong when he said cryptocurrency has no value. New generations of cryptocurrencies like ethereum, avalanche and solana have great applications and they have values for sure.
Hey guys, is this a good time to invest? I don't have much idea about the market, who can I contact for guidance?
I would recommend you seek for professional assistance because building a solid financial portfolio is more difficult
You only need access to the right info. I've been able to produce a net profit of little over $115k from high dividend yield stocks, ETFs and equity. Yet, the real secret is having a good trading coach like Jodynorman to guide you.
Skilled traders like Jody Norman are the cheat codes of most crypto influencers flaunting their luxurious lifestyles, but I wonder why they don’t mention or talk about it to the public🤷🏻♂️
@@KevinCapperKeep them poor!!!
I could use her services please how can I connect with her?
Taking the first step is the hardest, but 7 house later living off passive income since June 6, 2016. You’ve got to start taking steps to achieve your goal.
I really want to start something for myself but the problem has always been not knowing where to start. What kind of investment would you advise? And what is the best way to follow it?
All passive income ideas work as long as you put the work in. I focus more on stocks, cryptos, Gold coins, real estate, bitcoin, and forex . With the assistance of a financial consultant, I’m doing well for myself.
Thanks for your response but how do I get access to your financial consultant? Can you share more info about him if you don’t mind.
You can make a quick internet
research with his name "Jackson Sten Marsh". The rest of the
information is there for you to read and get in touch.
My coach is "Jackson Sten Marsh" is highly qualified and experienced in the financial market.
Buffet's words have aged well.
Fr
I think there will always be a "market" for cryptocurrency since there will always be those willing to grift and just downright scam other's for a quick buck not to mention people in tinfoil hats who think their fortune is "safe" with crypto because it offers them a form of anonymity. As for whatever crypto will replace fiat currencies, yeah no. It's never going to happen because it simply lacks someform of centralized banking system which makes it's value incredibly volatile, your entire fortune with crypto can be thrown out the window the very next day.
Like fine wine
Explain how
@@paulh7631 it’s just a dig at FTX lol
Crypto is risky as many would say but I think the actual risk in Crypto is not investing, buying the capitulation isn't a tough call, but it is a very tough call to figure out what to do aside holding. I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time
How can one start,most times people don't know where to start when it comes to crypto.
But it would be great if you can provide proper guidance on steps to follow please
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Gomez. A widely known crypto consultant
Please how can I get in touch with this Alex Gomez ? I really need to give him a try
@AlexRcoin THAT IS THE USER NAME
THAT IS HIS USER NAME
Got it. Thank you so much for this useful information
Please I need someone to help me trade or invest the forex or crypto market because I'm tired of trading in losses myself. I've blown my account twice and it's frustrating..
Most people today have been having a lot of failures in forex and crypto because of poor orientation and bad experts.°
I will always recommend Expert Emily Jason to anyone who wishes to invest in forex/crypto trading, her strategy is working for me. I'm making good profits from bitcoin trading
I agree with you. I'm not here to converse for her but to testify just for what I'm sure of, she's trust worthy and best option ever seen..
She's really good, I met her through a comment and I decided to give her the benefit of doubt and I was shocked when I got the profit.
Please don’t stop recommending her, because it was because of these comments that I started trading with her and I’m expecting my 5th funds from her
"Knowing when to exit a profitable speculative investment" and not falling in love with it and riding it back down again is 99% of being a successful Speculator.
I'm thinking of getting into investing but feel a bit lost. Any friendly advice or contacts you recommend for guidance?
It's a good idea to seek expert advice when you're setting up an investment portfolio because it can be a bit complicated.
Getting advice from financial experts like Hailey Gassmann to adjust your investment is a wise move.
Hailey has been managing my investment since we started. All I do is sit at home and make withdrawals every week without any knowledge of trading. She does everything by herself
Hailey Gassmann stands out because she keeps it real. Unlike some brokers with unrealistic goals, she delivers on what she promises.
I know Hailey. I came across her at a conference in Canada. Her strategies works perfectly well for me and I'm happy working with her
"Invest" in blockchain tech, "trade" the coins or whatever when it has market appreciation. Don't ever consider both of em as "assets". Translate the earning to traditional assets. Balance things out properly. Tech & policies may change for the better or maybe worst in the future. So does opportunities. Be in or out at opportune moment. Keep a good look out.
yep, trade crypto. buy and hold blockchian ETf's
What is that
Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment...
It's a delicate season now, so you can do little or nothing on your own. Hence I will suggest you get yourself a professional that can provide you with entry and exit points on the securities you focus on.
Mind if I ask you to recommend how to reach this particular coach you using their service? Seems you've figured it all out unlike the rest of us.
Corinne really seems to know her stuff. I found her online-page, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her.
I DESIRE TO MAKE MY TRADING PROFITABLE. WHAT ADVICE CAN YOU OFFER?
I, too, went through a period of losses before discovering the trustworthy Hailey Gassmann. She manages my portfolio, providing consistent weekly returns. I'd recommend her, especially if you're new to this and facing losses.
Hailey, who graced CNBC, is someone I trust. Among the brokers I've experienced, it's Hailey Gassmann's trading services that have truly excelled. My investments are well-cared for, and I've been living a comfortable life thanks to her. My gratitude is boundless.
It's heartwarming to find her name mentioned in this context, given that I was introduced to her through the remarkable tales of others. Starting my investment journey with her has truly been a turning point.
My 2k investment with her consistently yields 6k each week. I'm not just impressed by her strategy; I also highly value her sincerity.
I was a bit wary when I saw her being recommended, but I made the bold choice to invest in her. My returns are ongoing, and she's a great talent.
I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time .This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Gomez. A widely known crypto consultant
I've come across this name before, is he really reliable?
I started working with Alex back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.
Wow!, I'm surprised you also trade with Alex Gomez, he's the best at what he does.
Interesting...Most people think that investing in crypto is all about buying coins and leaving it to rise. It take lots of analysis to be a successful crypto trader.
I have been seeing so many recommendations about Katherine Gustavo trending, her strategy must be good for people to talk about her
I invested with her after I got a loan from a friend and now after receiving profit, I paid my friend and reinvested over and over again. I must say she's a very transparent and honest personality
I don't usually do reviews but Earning three times of my monthly salary from Katherine trading services in just a week is overwhelming
I saw the recommendation but I didn't bother chatting her up, I keep losing really I still don't understand how the forex market works though
She is an expert trader and her trading services is reliable and transparent and apart from myself, I have never seen any of her customers complaining about loosing their money, and I have made over $30000 under her management.
I am just grateful to Warren Buffett because he never says he's tried of saying the same answers that won't change over time no matter how people asks or no matter when people asks , the same questions in different ways...
Gold has been used as money for the last 5000 years and has maintained its value even with inflation. Gold is used in the medical field, technological field and many production processes. Central bankers accumulate tons of gold because they know that fiat currenciess are losing purchasing power and gold is an insurance against currency failures.
People ask me why I put 5-10% of my portfolio (not counting real estate) into gold. I tell them I am not trying to make money, just preserve what I have. I am retired.
@@tmo4330 I’m about 8% total in gold, makes me feel better.
Gold is not scarce in the universe and soon we will be mining on asteroids and other planets.
lol
As someone who worked in the gold and silver business for six years, I can assure you that neither one is a store of value nor a hedge against inflation. Gold hit more than $1,900 per ounce in 2011. It's below that today. How much more currency is in circulation more than a decade later in 2022? How much inflation have we seen just in the last year? Gold price today in 2022 is below its 2011 peak. Meanwhile, the stock market has tripled since then.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to make.
I've been in touch with a financial analyst ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.
@@JaykeTurner hello there, how do i find the lsdy you just mentioned?
@@AngelsEyes-ny1pc I happen to know Heather Ann Christensen. She has been my fin coach since 2018, no major losses has been recorded. Totally recommend her too.
@@JaykeTurner Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
He describes a ponzi scheme perfectly.
The current economic system is in itself a ponzi scheme.
My thoughts as well.
worse than a ponzi. Everyone one knew who Madoff was and nobody knows who is behind crypto.
Its not a ponzi scheme. It's a 'greater fool' scheme. They work in different ways. In a Ponzi you take money from some investors to pay others,, and it is a fraud. In a greater fool scheme you buy something of no or little value, and try to sell it for a higher price to a person (the greater fool) that also wants to sell it for a higher price and so on..
@@Rocha397 good point. Even though I dont agree that this theory really applies to BTC.
Hooray to Warren Buffett for explaining the "greater fool" theory so well.
Ponzy sceem. Around forever and people , even very smart people, still don't get it. I call that blindet by greed.
Yes
Is it really that hard to understand the 'greater fool' theory ?
@@eddenoy321 Easy to understand but hard to accept for a lot of people currently.
He says right at the beginning it doesn't do anything, but no currency does. When you stare at a dollar little baby dollars don't come out either. Wtf was his point? All currency is the same in not giving you anything when you stare at it.
Please how do i find a secure online investment platform where a professional trader or fund manager can trade on my behalf and make consistent returns, as i have been holding cryptocurrency for some time and am currently losing money.
@miles walker Thank you so much for the
recommendation i appreciate
But seriously, I think crypto trading platforms really need some talented experts like Annabelle Hartfield for copy trading purposes🤔
2 months ago i was a complete nobody but here i am making money from future trade by using Annabelle signal
Dude is freaking 92 years old but still got better mind than most millennials/Gen Zer's..truly a living legend.
Yeah and its not even our fault or our parents. Its gods fault and its all genetic and life and if your parents are dumb you are stuck with it. No one gets to be steven spielberg if their parents arent hardwired to be genetically. Your brain plasticity makes up your IQ and its not your fault. Its OK. You dont get to choose who you want to be and you can only be the best YOU can be. And that makes you stronger than Warren who has been spoonfed his intellect.
lol are you naive
@@flonkplonk1649 lol go invest in bitcoin :)
@@tonymacintosh3744 sorry, no Bitcoin, there are 20 other cryptos I'm invested..
@@flonkplonk1649 cryptic
DO YOU KNOW THAT CRYPTO CURRENCY/ FOREX TRADING IS A BIG CHANCE TO MAKE MONEY NOWADAYS, IF YOU CANT SER DAT AT THUS POINT, ITS TIME TO LEARN MORE ABOUT IT.
I do see it that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.
Brilliant !!!, I like you for that.
Crypto currency investment has been the highest currency for trading , I have been trading yet am still having looses. Please can someone recommend a good broker for me, I really need an assistance.
Does she also offer mentorship, lectures and tutorials?
Pls how do I join her online
Buffet makes a good point. Crypto isn't an investment any more than buying dollar bills.
And he holds the most cash of anyone in the world...
@@nighttrain1565 He didn't buy his cash.
@@nighttrain1565 exactly. buffet is wrong here. crypto IS unique and valuable.
wrong, learn the difference between crypto and fiat
so why did Ray Dalio say that having at least 5% of the money, in Gold, which produces nothing, is very important?
I don’t disagree with the grandads, however the people in charge have screwed up the system so bad. Keeping rates artificially low has forced many people to invest in risky schemes. Never put blind faith in what people are telling you. It’s like when the company you work for is going down the toilet and your manager tells you everything is fine, even though he/she already has another job lined up
You won't find much more anti crypto than me, BUT i really appreciate ur common sense here, at least you get it.
People don't have to invest in risky schemes. Smart investor's have been accumulating Gold /Silver for a while now.
They don't recommend you hold cash either. All they are saying is that you should invest in an asset that is productive, not an asset sitting there doing nothing.
@mo fun gold and silver tend to follow the market and now crypto does too. They are looking for hedges against market drops, but it doesn't work as well as one might hope. Might be better to have some crypto replace silver so the metal can be used for more useful things than sitting in someone's closet
Guess you're one of those idiot who believe in this crypto scam🤣🤣
Warren Buffett was right though 🤣
Вы правы, я стал жертвой такого поступка, только после учебы и разговора с друзьями, до того, как я отпустил свое прошлое, и это лишило меня огромных преимуществ, потому что я думал, что они все одинаковые, я молю Бога дать мне еще один шанс.
Ndërtimi i një portofoli të mirë investimi është më kompleks, kështu që unë do ta rekomandoja
@@smartlucas412 ju kërkoni mbështetjen Helen, Në këtë mënyrë ju mund të merrni strategji të dizajnuara për të adresuar ëndrrat tuaja unike afatgjata/shkurtëra dhe financiare.
I appreciate your generosity in sharing your knowledge!! YOU make it easier for me to understand the subject, now I'm more optimistic than ever...
У большинства людей сложилось неправильное впечатление о биткойнах и криптовалютном рынке. Говорят, что это неправда, но когда у вас есть письменная информация и вы инвестируете с реальным трейдером, таким как мисс Хеллен, тогда скажите мне, кто помешает вам добиться успеха?
One year on FTX collapse and others. Right on Warren! and Charlie!
FTX? Coinbase is still going strong.
Was the FTX collapse from the the guy's corruption and mismanagement of funds, not the crypto currency's fault?
Nice video with good info, It is really helpful to us traders, Investing on crypto is the best and fastest way of making money, but only
few understood the secret of crypto.
Bitcoin is the future, investing in it will be the wisest thing to do especially in the Current bear market
I live in the UK and I'm thinking of investing in the crypto market, but I'm taking my time to understand how it really works.
Most people are scared of investing due to the lost incurred during trading
The fear of failure can also deprives one from success.
If you want to achieve success, especially in the area of finance and business, you should look beyond your fears and push for the goal. Pushing through, regardless of the opposing factors will only increase your chances of getting the result you seek.
You work for 40yrs to have $1M in your
retirement, meanwhile some people are putting just $10K in a meme coin from just a few months ago and now they are multimillionaires.....
You are right, to be a successful person in life require him or her of hard work and time
You are right. Been thinking of going into gold and cyptocurrency
@Urbano Aguero I totally agree with you it has been an eye-opening experience for a lot of people.
Investment is the key to achieving success with the current pandemic slowing down so many businesses aww
Talking about been successful. I know I am blessed if not I wouldn't have met someone is as spectacular as Stacy Griffin
Nice video and thank you for breaking it down!! I still see cryptocurrency as one of the best digital investment and i totally love the technology. As a trader, I'm so glad. I can smile back at my portfolio of $66,700 made from my weekly trade within a short period. I feel one Of the greatest challenges that we first timers face in the market is that we end up losing all we have, making it difficult to find ourselves back to our feet. My biggest advice is to always seek the services of a professional just like I did when I ventured into it for the first time. Big thanks to Justice Fadel
How can one start,most times people don't know where to start when it comes to crypto.
But it would be great if you can provide proper guidance on steps to follow please
Trading success always depends on applying the right trade signals to your trade
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Justice Fadel. A widely known cypto consultant
I've come across this name before, is he really reliable?
Justice Fadel signals and prediction is awesome actually i was skeptical at first lol, until I decided to try. It's huge returns is awesome! I can't say much.
I FEEL LIKE THE HOLE SEASON IS OVER, I'M TRYING TO GET INTO TRADING AS A ROOKIE, BUT I'VE HAD SO MUCH LOSS0 TRYING TO TRADE ON MY OWN, PLEASE WHAT STRATEGIES DO I NEED TO EARN PROFITS FROM THE MARKET came here to learn how to trade after
listening to this video lI'm still confused,
I'm a newbie and I'm open to ideas.
The best strategy to use in
trading is to trade a professional who
understands the market quite well, that
way maximum profit is guaranteed.
Because I have learned along the way
of my investment that research and
analysis are important, note that
experience is more needed, than luck
when it comes to the financial market.
most tinmes it amnazes me greatly the
way I moved fro an average lifestyle to
earning over $62k per month, utter
shock is the word. I have understooda
lot in the past few years to doubt that
opportunities abound in the financial
markets, The only thing is to know
where to focus.
Wow buddy, that's more
than a mouthful of profits you're
making. How do you achieve this feat
consistently? You must be a genius in
trading.
have my funds very
well diversified, though I did it using
copytrading system from the advisor
"Dailey Carinn Stephanie ",a FINRA licensed and
regulated broker from the ULCA
Anderson in the US.
I'm very confident trading with
Mrs Dailey Carinn Stephanie because of the steady
income she makes for me. She has
never faltered
Took him along time to buy Apple too! He missed the whole run in tech stocks.
He invested $1.57B in GM, but not a dime in Tesla. It's not too late Warren.
was thinking the same
He missed MSFT too - all the while friends with Gates.
He's worth a hundred billion. Not sure what he's actually missing
Sound like poor teach billionaire how to be rich
I'd love to see a debate between Warren and Michael Saylor.
Warren Buffet had better things to do I’m sure
Yea Saylor is so passionate about it
Looks like Buffet was right
You wouldn't hear anything new or unique from either. Mr Buffett says he doesn't know how to value bitcoin which is laudable; no pretenses. I've yet to hear Mr Saylor express how to value bitcoin when doing so would disprove naysayers.
My point was always just that it’s too volatile. But stocks, if bitcoin wins the currency way, you get Bitcoin for your stocks as well
The point about cheque books and wire transfers blew my mind. This is the same with bitcoin but chequing companies didn't go 10000X same with wire transfer companies. Back then that was a fantastic new technology that's going to shake up the financial and money world. People are over reacting to Bitcoin
yeah, Buffet's analogy with checks was BRILLIANT.
I like that analogy too. I've always had an unsettled feeling about people getting rich by trading on a way to pay for something. Maybe gold-backed stablecoin has a practical use case?
I love that. Forget about bit coin or anything else. What Charlie says is the best learning for me. If you disagree with something someone says, know more about what they are talking about, not what they are not talking about.
Great ideal about not investing non-producing assets. I will keep that in mind. Thank you, Warren.
what produced better then bitcoin in the last 10 years?
@@blobtv7444 for the sake of civilization, it’s better to focus on producing assets, things produced out of thin air that sucks up a lot of financial commitment isn’t good for us in the long run. I think that’s also part of his point too.
@@blobtv7444 everything?! Only a small minority made money in cryto
@@blobtv7444 It consumed a ton of energy and produced *nothing* of actual value. It didn't produce food or building materials, it didn't make life better for the people on the earth. And, deservedly, we're seeing cryptocrap tank hard now.
@@blobtv7444 It did not produce anything. Only thing bitcoin has done is redistribution of money, from a large number of bitcoin investors to a small number of early investors who left on time. Something that happens always with a ponzi scheme.
When this video was made Bitcoin was about 55K now it’s at 17k. Buffett was right. It is also ironic how he predicted crypto exchanges would be mostly fraudulent. This was way before we saw the bankruptcies of Celsius, Voyager and FTX.
Not to mention that Bitcoin alone takes up more energy than Argentina!
this comment didn't age well
Haha - it’s above $60K sucker
I wish people, especially young investors would learn more about P/E ratios. And learn what really drives the price of a stock. Most people today have no realistic idea of an average return or above average. They have unrealistic expectations which will often lead to disappointment.
IF P/E + P/B is lower than 23, I consider it...
While P/E is important when it comes to true “value” of a stock, what Buffett said is key-will the stock you buy be more of value to whoever buys it in the future. Will the future investor be excited to buy that stock.. a lot of investing these days has to do with whether or not people think a company will produce great products or services going forward or if they wont
P/E ratios are as much of a bs and useless info as many other “fundamentals”, as a broken clock it shows you the correct time twice a day, on a way up to market euphoria and on a way down.
P/E ratios don't price in the exponential possible returns of technology. It's a tool made for an era where producing products incurred a predictable cost. Technology products can be "mass manufactured" at exponential scales. That, and network effects don't reflect in P/E ratios at all.
Most people don't understand the basics of money at all, never mind investing. It's such a shame. I wish they would have started teaching me about it in the first grade. It should of been one of the core class subjects, up there with: English, History, and Science.
The problem with bitcoin is that people are mistaking economy and currency as the same thing, and also, that they are not associated with anything else but economy itself, well as Charlie said, Dementia
I agree, it is a new thing for younger generations, it is a new form of economy and doing business with it.
Economy literally means, the management of resources used in a society. Currency literally means, a universal unit of measure for value which can be used for every trading transactions in a given society.
How the actual fuck can anyone confuses "economy" and "currency"? You can't buy, or trade, economy. Economy is a concept. Currency is an asset.
who thinks economy is currency? Maybe if they do not know english.
Economy is a set of activities and regulations linking production and consumption of real physical assets or services...modern fiat currency is an abstract representation of economies of entire countries - their production ability, consumers but also their tax abilities, security, infrastructure, assets, land and natural resources - it's an abstract representation of actual physical things... bitcoin represent fuck all, produces fuck all, and costs more in energy than some small countries😉...it's an economical cancer
This is a well detailed and an informed video. Invest For The Long Haul, Don't Get Too Greedy And Don't Get Too Scared. The biggest risk of all is not taking one
Investing in crypto and stocks is a good idea, a good system would put you through many days of success
Having monitored my port_folio performance which has made a jaw dropping $370k from two quarters alone, I've understood why experienced investors make enormous returns from the market
Interesting, I have a lump sum doing absolutely nothing at all in my bank account, I wanna get something started with it. You seem to be doing excellent for yourself. Do you trade on your own?
I trade with Expert Denise Mitchell, a FINRA regulated broker. Met her sometime early last year at a startup funding event. She had some interesting things to say about the state of algorithmic trading today, very obviously, it's reflecting on my portfolio
I earn over $10,650 weekly and often time more. It really does depend on your Capital and I only send her a commission of 20% after I have made my profit withdrawer. She doesn't demand for a service charge either
well talking about bitcoin is not the same than talking about blockchain technology. I personally don't invest in bitcoin because there is no value for me. It just "the same" than gold. Instead I invest in crypto projects that are bringing innovation, new technology. There is were you have the future compared to e commerce and stuff. Now you have entretainment projects build on blockchain. Descentralized, controlled by people and community. And it will bring publicity, and people and money. Money calls more money.
I am new to Bitcoin trade and I've been making losses but recently I see a lot of people earning from it. Please can someone tell me what I'm doing wrong...
Oh I thought everyone knows that The market is profiting if you are using a really good broker or account manager to help out with trades or provide signals....
All you need now is a professional trader else you will continue making losses...
^^^That is true, you need an expect broker and professional trader to handle your trading and make¡¡ good profits from your Bitcoin trade.
How can someone know a professional acct manager that is trustworthy and legit they are hard to find this period
I highly recommend Mrs Florence Cambell to anyone that is in need of a reliable broker she is my current trader , she's from United Kingdom and her strategies are earning a lot of profit from her.
We work for years to have , $1million while some people I know put thousand of dollars in some meme coins and they are millionaires.
How? I know it's possible, I would appreciate if you show me how to go about it
@@savillebilodeau4499 .All you have to do as a beginner to make good profit in cryptocurrency is trade with a professional trader who Will always notify when to BUY/SELL else you make losses.
Crypto is bringing a different revolution in the world of economy, people who are optimistic investor's earn consistently..others just sit and watch
It's strange how people talk about all the returns and earns they have been making through trading cryptocurrency. While am here making huge loses. Please can someone put me through on the right paths.
@George Potter .I would love to get in touch and invest with her
Let me know when I can trade crypto for hotdogs at Costco.
Problem that I find with cryptocurrency is that who dictates the currency for a country? The government do. You can't spend Filipino dollars in america. So if the government decides to ban crypto and you are screwed. Also another problem is money in itself it's something everyone agrees upon as acceptable trade. Money itself is valueless. It only has value because everyone agrees it has value. So crypto will never have value until everyone agrees for it to have value. Unfortunately I'm not going to take my chances on hoping for that to happen.
Confidence is king. Money is accepted as currency because people believe in it, and the value it represents. A decade or so ago, Jason Goodwin wrote an interesting book called Greenback. The subtitle of the book is “The Almighty Dollar and the Invention of America.” Goodwin contends that an effective currency is nothing more than numbers, laws and credence. Without the confidence of the people, no amount of reserves will prop up a currency. I would add that currencies are built on the scaffolding of value established by governments -- the resources, production capacity, financial markets and laws that form a country's economy. When you look at currency markets today, you see that the relative values assigned to British Pounds, US Dollars or Turkish Lira reflect popular confidence in those governments. Cryptocurrencies lack that foundation of trust. In fact, there is NOTHING supporting the value of cryptocurrencies now, except the popular belief that they are worth something.
Porn outfits and coke cartels can agree to accept it. Anybody else can just send money in the open. The main "value" of crypto is facilitating crime. So it does have an actual function.
@@hellospam879879 I cannot comment on the criminal world.
To be fair he seems like a nice guy that understands exactly what is going to happen to bitcoin without having to know all the details.
An asset that can't produce revenues and is only purchased in the hope of someone else paying more for it later
Um, it does produce revenue, better than fiat does 😕
He makes it sound like bitcoin is a fad. Like all fads. It all comes to a end. The atari use to be awesome. I can't seem to find anyone who owns one now.
@@crowviking You've completely missed the point. Value can't be produced. You can only produce things which have value. The "value" you refer to, is only the belief that the next person will pay more for the crypto currency than you did.
@@olec7125 Value is subjective, and therefore can be produced (e.g. Lambo, children, viagra).
@@mvb88I have an Atari, it's awesome still play it from time to time. Pong is the purest form or One Vs One gaming.
The people trying to argue that he's wrong because they managed to make a few bucks on spikes and dips just prove they don't understand what "value" means.
You mean millions and billions by a "a few bucks"
@@NickolaySheitanov So you are a billionaire now?
Considering Block Sailor BLOCK for its safety features. Interested to see how it performs in the market.
it's not that bitcoin is an asset, its that fiat currency is a liability
it's that btc is an asset, not a currency
Fiat currency has real tangible things backing it. A functional society and economy and a pile of Weapons, Bitcoin is hot air used to shift wealth from the poorest worldwide to whales.
Bitcoin is a fiat currency
No it isn't...fiat currency is issued by a government of a specific country - and it's an abstract representation of value of that country and ALLL its physical assets.... bitcoin represent fuckall
@@peterleonard9759 No, its not. There is only a limited supply. Stop typing bot
I tend to agree with Warren. If I invest in something, I would like it to be something that can write me a check.
How many checks do those dollars that you have invested your labor into write you?
you can use smart contracts?
THAVE INCURRED SO MUCH LOSSES
TRADING ON MY OWN...I TRADE WELL ON
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Who have little or no time to monitor
Trading with an expert is the best
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Please I need someone to help me trade or invest the forex or crypto market because I'm tired of trading in losses myself. I've blown my account twice and it's frustrating.
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Dunno what or why but the line "If I could take out a 5 year Put on every single Crypto I would....but I would never short it"
That just Shook me.
You need to have some knowledge and experience in trading market to understand what he said. These cryptocurrencies are heavily manipulated because some brokers will give their clients 100x over leverage for crypto trading. The price of crypto can be make up easily in short term by whales. So he will never short it (for short-term), but he believe in 5 years the price of cypto will drop significantly (that would be his long position)
Heavily Manipulated is a understatement
Warren: Calm, collected, slow.
Charlie:
Warren I respectfully disagree on your view of Bitcoin and Cryptocurrency. As I respect you as an ultra successful businessman, your views of Crypto are wrong IMHO. Jan 8, Spot ETFs got approved and crypto is being mass adopted. Please be honest, come forward and tell others that crypto is a legitimate money asset.
*EVERY FAMILY HAS THAT ONE PERSON WHO WILL BREAK THE FAMILY FINANCIAL STRUGGLE I HOPE I BECOME THE ONE ☺️... IN A FEW WEEKS I WAS ABLE TO PAY OFF MY DEBTS THROUGH INVESTING IN CRYPTO TRADING*
*Assets that can make you rich
Crypto
Stocks
Real estate*
it's obvious.
a lot of people remain poor due to ignorance, it's better to take risks and make sacrifices than to stay poor
The best strategy to use in trading is to trade a professional who understands the market quite well, that way maximum profit is guaranteed. Because I have learned along the way of my investment that research and analysis are important, note that experience is more needed, than luck when it comes to the financial market.
Yeah you're right, most times it amazes me greatly the way I moved fro an average lifestyle to earning over $62k per month, utter shock is the word. I have understood a lot in the past few years to doubt that opportunities abound in the financial markets, The only thing is to know where to focus.
Privacy of purchases and the ability to flow through multiple currencies as well as not be interfered with a central bank is something. Especially when central banks and politicians are continuously eroding the dollar bill.
What Mr Buffett says about Bitcoin, it could be applicable to any fiat currency.
Fiat currencies go up and down on value.
Some people are doing well buying and selling fiat currencies.
The same could be applicable to cryptocurrencies.
There's a lot more institutional and military backing of fiat currencies, and also consumer protections.
It's legally required to be accepted anywhere in a given country to facilitate ease of commerce.
Fiat transaction costs are also near zero (Often free for consumers).
BTC has insanely high transaction costs and transaction clearing times. Other crypto tech already exists that does what BTC was intended to do 1000X better.
What makes BTC so special, beyond a first-mover advantage and name recognition?
It's essentially throwing your money behind software updates, which makes zero sense.
Can you imagine betting real sums of money that iOS 5.1 will be the update to rule them all, and then iOS v5.2 comes out?
Difference is the dollar can be used to purchase any and everything. As soon as bitcoin is accepted in every store across the country and can be paid as a salary or used to pay taxes then I will be more than happy to use it. Even if we ever get to that point Bitcoin is still not an investment, just a currency.
Fiat currency and it's value is based off of the country's economy. If the economy is doing well - i.e. USA - the currency has value because of the trust in the strength of the USA economy and trust in it's government. You can exchange currencies into dollars, and you can see what USA produces in terms of it's GDP. You can compare USA to Venezuela or El Salvador where the currency in question is not as strong. Why is it not as strong? It is because it's economy is not doing well, there is eroded trust in it's government. When we are talking about fiat currencies and it's values, we are not talking about the value of the currencies - we are talking about the value of the origin countries' totality.
I can buy a Chinese RMB (for the sake of argument, ignoring the peg) - and depending on China's future economy - I can say it is worth more, or worth less. China chooses to close it's borders and stop international trade in the future? Well then, my RMB became worthless. China chooses to invest heavily in it's belt and road initiatives, in education of it's population thus increasing economic output? Well then, my RMB increases in value.
This is inherently different than crypto-currency. When you buy crypto (I too have a 5% portfolio allocation) - I am not buying it because it has some kind of relative worth that can be compared to it. It by itself does not produce anything. Buffet, in this regard is completely correct.
Well then, you may argue for it to be a future currency that depends on world economy, or argue that it is an indicator for current black market economy. But then ask yourself this, if your cryto currency can increase a significant amount tomorrow - will you really use it today? As it is right now, it is a tool of speculation and not commerce. It is not a good indicator of the world economy or black market economies - at best it is a store of value similar to gold, with Ethereum akin to oil.
So what about the future of Crypto? Either bitcoin's worth skyrockets to a degree and is adopted to a point where it is no longer volatile and we begin to trade with satoshis, or it's energy consumption prompts world governments to ban it completely, or another more technologically sophisticated coin completely wipes the floor with BTC. Either way I will continue buying the dip hoping someone else finds it to be worth more than I do.
Not true Fiat currencies have a yield through their government bonds attached to that currency Bitcoin as yet does not have a bond attached to it therefore no yield
I believe he doesn't hold a lot of cash.
I could see bitcoin was computer program that is what it is, gold is something you can hold in your hand, land is something you can walk on, bitcoin is a few semiconductor junctions switched in a particular order on a sheet of silicon, but electronic money is also, unless people can convert the bitcoin into physical items they may only end up owning a few electrons on a silicone chip.
I dont think Warren even understands Defi, bitcoin is not worthless it represents value just like money that he loves so much.
I hope he can read your comment, so that he can become as wise as you are.
Fiat currency derives it's value from the institutions that make them, the laws that regulate them, and the economic output of it's origin country. Similar to a farm where you can see the crops grow, with paper money you can see the country's GDP growth and economic output. Like buying stocks for Apple or Tesla, with a dollar, you own a slice of the country.
So what does BTC produce?
It's not that he doesn't understand it, it's just his assets are not located there. He doesn't want another system of wealth to grow. He wants what he know and where his money is placed. It's why all these people who are tied to the existing system keep trashing Bitcoin. The Dollar is not tied to gold, and it hasn't been for decades. That is why it is worthless. It is only worth something because the government says so, and it is only backed to 250k by the Federal Reserve Bank, which isn't even a part of the Government but an independent body.
I am not particularly a fan of Bitcoin but his arguments fail for Ethereum,ether is value producing asset ,you get more eth by staking eth also eth is limited .
Stablecoin transactions and other transactions need eth to pay gas fees that's where eth gets it value from.
Buffett understands and predicted FTX perfectly.
So did Richard Heart and has utterly destroyed Buffet in returns since 2000. Buffet is for the sheep
@@PoorMansInvesting Buffet makes 2 billion just in dividends, every two years, just from Coke. Thats not even including capital gains, or his many other companies.
@@MurrMan23 first off, your stretching those Berkshire numbers not Buffett numbers. I should have been more clear... how about percentage returns? RH was just starting out in 2000 from a poor family and it wouldn't surprise me if RH went to the grave with more than Buffett.
@@PoorMansInvesting K Bro
@@PoorMansInvesting who the hell is this person you simp for
I go with what Warren Buffett said about Bitcoin. Plus Charlie Munger. I would rather invest like Warren said in productive assets.
you need to listen to the right people for the right sectors. Buffet might know his productive assets, but he has self-admittedly no clue about technology. Listen to Buffet for traditional industries, folks like Sam Altman and Marc Anddreesen for emerging tech.
like junk bonds and direvertives? .. yes, they spend billions on those "productive" assets :D
Perfect
Don’t trust Buffet and Munger too much. They admitted they didn’t study crypto, just like they didn’t study Microsoft. DYOR. You should check out on Satoshi Nakamoto’s quotes.
Bitcoin is a store of value not an investment
t's not for investing, but rather as an idea of decentralization, how is it?
Warren's outlook is so basic and on point!.
When you invest, you're buying a day you don't have to work
Assets that can make you rich
Bitcoin
Stocks
Real estate
You're right , it's obvious a lot of people remain poor due to ignorance, it's better to take risks and make sacrifices than to remain poor
crypt0 is the most profitable investment online of only you trade with the help of a professional expert
I recently got into forex trading and im already marveling over the profits I'm making, I'm like " how the hell have i been sleeping on this
Same here, I wish I knew about this Bitcoin trading earlier, brace up and get yourself some Bitcoin before it's too late
FTX checking in: hold my beer.
LOL
sbf says "damn he's right" while in prison cell
@@damislav He's out on 250 million dollar bail. That too a check for 25 mil? How did he get that money. Another fraud aided by the government.
Big thing about Gold is the ever increasing scarcity of the metal & this holds true for just about any commodity. The portability factor is also a great plus. There is and will always be a ready market for gold and precious metals. The diamond market, unless trading perfect and large size stones is infinitely worse.
you buy money with food actually. you can buy bitcoin with food as well.
btc is not buying an asset, it is buying a different kind of money.
money has no value in itself, it is a representation of value.
too old school to think of only fiat
it's a new kind of money. not an investment really.
Still, you cannot pay most of your expenses with bitcoin, so it's not a very practical kind of money anyway.
It may become the default kind of money in the future, but that makes them a highly speculative investment.
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I could not have said it better myself. I agree with Warren Buffett 100%.
I never did think you could say it better than Warren Buffet.😂
Lmaoooo 😂 okay dinosaur thank for those cheep Bitcoin prices 😂
How long does it take to learn and make money after you get going? I might like to
try it out in the Future maybe? Still kinda hesitant about it because i don't know all the ends and outs pros and cons.
I have been holding for awhile now, the market dynamism is really getting me uncomfortable here, I really need help deciding.
Tried trading myself and made more losses than profits, I won't suggest it to anyone else its very risky.
Wow that shouldn't bother you guys with a good professional broker like Mrs katelyn carolina, I don't think you all are going to regret it.
I've seen positive reviews of this professional must be exceptional for people to talk about her.
Wow what a coincidence you invested with Investor katelyn carolina also? I also trade with her I get to earn a biweekly trading income £25,000, pioneered by mrs Katelyn ensuring sustainable profitability in my investments.
of course the biggest and best investor in the world would want the general public to continue to invest in his sector of stocks rather than crypto
He could put money whatever coin and told the public to do so.
If I spend $1000 on Crypto, how much of it do I get? Is that a good amount for my $1000? I can look at the price, but I have no idea what the value is. The price of a unit might go up or down, but since I have no way to calculate its worth, I am merely speculating.
Warren said in this video he would not short something he doesn't understand yet he yammers on about how sure he is that he understands it is worthless. I hope he realizes the contradiction in his position.
Investing in different "cryptocurrencies" like AVAX, ETH, BTC is the same as investing in technology. Warren didn't buy Apple stocks before 2016, so not listening to him in regards to being early in the tech industry. I respect him regardless though but I think he is dead wrong on the blockchain side
He's an idiot when it comes to blockchain. He doesn't want to understand it. He's a fossil. Fossils just don't wish to grasp the modern solutions.
Yeah, no it's a fucking tulip. NFTs are even funnier because they tie an image (something completely replicable) to the Blockchain. So essentially every NFT is just a single unit of a new cryptocurrency which uses the image as it's name.
Apple produces great products and bitcoin has no function aside from transactional and speculation. People made lots of money in tulips too but it's all gambling not investing. But you geniuses need to tell Warren how wrong he is.
Bitcoin is not a technology as it produces nothing while consuming huge amount of energy...it's an abstract representation of nothing...fiat currency is an abstract representation of value of an entire country
Technology has utility and can generate wealth. Would you invest in a tech company that could only ever generate money paid in by other investors?
Because of him, I learn a lot about investment, because of him I miss my Bitcoin profits haizzz never trust anyone, do own research
I really feel left aside hearing and seeing several testimonies from people on profits they make from crypto/Forex investments. Can someone please recommend a good expert that can trade on my behalf and generate profits for me.
Same here, it's strange how people talk about all the profits, they've been making through investing in crypto currency, while am here not making any profit at all. Please can someone put me through on the right path?
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Even though I’m a crypto enthusiast, i respect his take. He is just staying consistent in his view of non producing assets like gold.
I wish he'd talk more about the idea of money. He has dollars in his wallet, those don't produce anything either. Maybe so much money gets moved illegally because poor people are fed up with being raked over the coals by governments.
It's no secret governments print money creating insane debt.
Dollars in your wallet don't produce anything, yet Warren owns dollars.
He is TOTALLY correct. As a historian who is also trained in economics, I can see nothing to indicate Bitcoin has any real value. I tis even more the case with all of the lesser coins. ALL OF THEM are based on Ponzi schemes.
Nope....
I guess your enthusiasm died down a little by now ?
@@itsmeGeorgina lol
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Bitcoin trading is one good way of paying bills also create opportunity for crypto believers
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Actually I trade cryptocurrency on a platform,with assistance from their top crypto experts.Mrs Evelyn is my professional assistant,I have been with her for 6 months now....I've really made alit from her strategies in trading of cryptocurrencies
How much exactly does she make of you in every trade don't mind me askin
This is the first time I’ve heard this. It makes a lot of sense, I looked up the Tulip investment of the past, and it was the same thing, non-productive, the value was others didn’t want to miss out and then spent more, and of course collapsed in the end.
I do think Ether could have a future if it is actually “New internet real estate”, for if it is you are buying land on the internet that others will need.
I’m just not sophisticated enough.
Yeah but that last 18 months explain 15 years.
Basically Buffett doesn't like it because people are moving investments from things he's in on to Bitcoin and crypto.
But with crypto there's the potential to be as productive as a bank or an insurance company. Programmable block chains are an important innovation that does provide an alternative to banks and centralized fiat currencies controlled by governments. It's probably not gonna fully replace banks or flat, but the fact that you can earn more yield on crypto than any savings account says a lot about how the current financial system will have to either adopt the technology, or compete with it. Banks and governments no longer have a monopoly on financial products, how's that for a "non productive asset".
Wow thank you people for your replies, I didn’t see them.
Yeah like others have said, his references are completely different. I’m not an advocate for bitcoin, and I believe that people should invest wisely, but it’s hard to take somebody seriously when they say they don’t know much about what they talking about…
The bitcoin is limited, period, so there’s only so much that will ever be created. He gets it wrong with the idea that you are betting on someone else wanting it, and due to this the value is suppose to spike. That’s not the case in a long term sense. The point is, if it does replace normal currency over time, then it will be gradually harder and harder for people to buy into, and bitcoin will become more and more expensive. If crypto completely replaced our current currency, those who own it would see the value of it go up. Eventually once everyone has it, it won’t be traded because the value will stick, those who invested early will have a larger asset than those over time who slowly transfer funds into it.
You are betting on the fact that bitcoin will replace the current currency, which it might.
You are buying yourself a means of payment outside of the system. Especially with decentralized exchanges - the money is in YOUR wallet, NOT in your bank account that is actually NOT yours, and no government can prevent you from using it, or make it expire if you don't spend it, like the CBDCs. Also, Bitcoin is anti inflationary. There are only so many Bitcoins that are going to be minted => long-term it will behave more like gold. For the people who don't know how to invest, it has the potential to at least preserve value compared to a fiat currency.
This clip is back when bitcoin was 9,300 USD. What is it now? Moving back and forth between 50,000 USD and 60,000 USD. I'd say Buffett sorta / kinda missed the boat on this one. I'd like to at least see a more recent post on anything he & Munger would have to say.
I think they haven't changed their minds. I may be able to make gains on bitcoin by buying it cheap and selling it later on to a greater fool than myself with a profit, but that's not an investment in future value, it's a gamble on future demand. It's like investing in Beanie Babies.
So what ? He missed the 17th century tulip mania as well. But he still is one of the richest men the world, and unlikely to all the cryptos , his assets are real, not imaginary virtual tokens made of zeros and ones.
Delusions can last for some time , no doubt about it, but sooner or later , there will be no greater fool left to be found , and all the crypto maniacs will be left with its intrinsic value , which is 0.
I think you are missing the point. People would have said the same thing about the housing market in 2007 about a warning made in 2005. The naysayers look like idiots until they are suddenly correct. Food has inherent value. Companies have inherent value to the extent that they are producing useful products (and not scams). Bitcoin only has the value people ascribe it. This is different, from say Tesla, which actually makes cars that, assuming we still have electricity, will always have some inherent value and will bounce back from sell-offs as long as it is run well and continues to innovate, and there will always be companies that are well run and innovate. That is why the stock market always rises over longer periods of time. It is true that bitcoin can't be inflated like the US dollar, but demand (or lack thereof) can dramatically change its price and can actually push its value permanently to zero. If China and North Korea have been hoarding bitcoin and they suddenly decide to dump it as a form of economic warfare, the price would crash nearly to zero. If another, more sophisticated crypto currency looks like it can meet the needs of people better (like maybe ethereum), Bitcoin could crash, never to rise again, replaced by a more useful currency. 10% of people are investing in bitcoin because they believe it will be a liberating technology. However, 90% of people are investing in Bitcoin because they believe they will eventually be able to sell it for much more than what they bought it for (rather than an investment with inherent value). They are trying to make lots of money quickly. Those are exactly the kinds of circumstances in which tulip-like bubbles form. It may go up to $500k/coin, but, it could all go down the toilet after that. Investing in bitcoin is simply gambling at this point, and unlike index fund investing, which is guaranteed to go up over time (assuming civilization doesn't collapse), there is no such guarantee with bitcoin. I understand people's frustration with paper money. However, there are all kinds of inflation resistant investments that will always bounce back (on average) from sell-offs because they represent inherent, growing, productive value
I think you are a new investor, I think when the market will turn bad and it will, your going to be remain silent...
The main problem here is comparing cryptos to investmens. Cryptos are terrible investments because they're currencies, not investments.
dont buy them then, your loss...
There's a lot more institutional and military backing of fiat currencies, and also consumer protections.
It's legally required to be accepted anywhere in a given country to facilitate ease of commerce.
Fiat transaction costs are also near zero (Often free for consumers).
BTC has insanely high transaction costs and transaction clearing times. Other crypto tech already exists that does what BTC was intended to do 1000X better.
What makes BTC so special, beyond a first-mover advantage and name recognition?
It's essentially throwing your money behind software updates, which makes zero sense.
Can you imagine betting real sums of money that iOS 5.1 will be the update to rule them all, and then iOS v5.2 comes out?
Most cryptos are NOT currency
Cryptos are NOT currencies...just try paying your mortgage, car, insurance and utilities with ANY of them.
Cryptos are Assets not Currencies
His analogy is just an anticrypto and anti gold , at the end of the day Gold is still here and consider a currency in any type, shape or form in any part of the world, crypto follows the same path in a digital world, the dollar in the other hand once it went out of the gold standard with Nixon, it’s really worth based on what the world’s belief the US Economy potential growth will be or it’s currently.
Crypto can’t be made into things. Gold is used all over the world for manufacturing….