VLOG 181: DON'T INVEST IN BITCOIN.....unless you're already rich

in trevonjb •  7 years ago 

In todays video I go on a slight rant on why I think it may be a better idea to look elsewhere other than Bitcoin when it comes to investing in cryptocurrencies. I think my idea in this video on how to find the next big thing is a good one. What do you guys think? Comment below.

Enjoy :)

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Good video. One thing that really sticks out to me right now is, people are really looking for safe havens with their money. The stock market is tremendously overbought and the fundamentals are turned upside down, and have been for some time. Crypto is being looked at as a safe haven due to it's decentrazation, and I think this will continue. I believe in Steemit 100%. I believe Steemit provides solutions for both crypto currency and social media issues. Time will tell, but I'm hitching my wagon on the Steemit train.

Steem is going into consolidation mode at $1 right now Trevon, before it attempts to re-attack $1.20 again very soon!

I gained much more in BTC value in my Poloniex and Bittrex accounts by not holding BTC, and holding other alts. Mainly the top 10 alts and/or the alts that have USDT pairing in Poloniex. It's really that simple right now.

Nice @trevonjb Glad I found you on here, we follow each other on Instagram too. Another podcasters, bitcoiner and drummer like your self! Following you now here

Thanks, for getting me to sign up to steem.

I believe hyper inflation is coming and all cryptos along with gold and silver will be going to the moon. Getting in Bitcoin even in small amounts will be one of the smartest things any of us can do now. We're crazy until proven right, but when we're right, it'll be to late to get into Bitcoin at these prices.

If you got into BTC before it got close to $1000, you've already been proven right.

Agreed, but what do we do if Bitcoin doesn't stop rising? xD

I think ETH is a good bet for the next big one. It has bigger percentage growth and there are lower transaction fees. It is a certain investment. Would you agree?

Nothing is certain. @trevonjb is on point talking about getting into the low low coins and riding that shit to the top. Of course, if y'all want - go ahead and spend hundreds on the big dogs but I'd rather buy 50,000 coins for less than a penny and flip that shit when it hits .02 cents. Started at the bottom now we here.

Great vlog. With all the news on Bitcoin is reaching ultimate high I really constantly thinking wow should have thaught of buying it years ago. Hope I still am on the right train with Steemit.

Is Exxon the only gas station where you are?

(Also, I'm long SC, DGB, STR, and NXT.)

I wish I listened my fiend few years ago about bitcoins :/

I think I'll spread money around a few different coins

Definitely invest in Bitcoin ... All it will do is go up and up ...

great...resteem and upvote for you....

Great video. I enjoy your content. However rich is a relative term. What I may consider rich versus what you may consider rich could be two entirely different things.

Yo, you mentioned the bitcoin elite in here man, and that got me thinking about what the future is that all those transhumanist silicon valley libertarians are hoping for. I'm no doomsday prepper, but I could see "missing the boat" being much more serious than we are currently aware of.

Its always a good time to buy bitcoin.