Why Dave Ramsey Doesn’t Like Bitcoin #bitcoin #stockmarket #investing
should I sell my crypto oh sure you know I don’t you know that I mean that’s Dave’s not ever going to tell you to do crypto there is speculation and speculation is for short-term gain I’m day trading stock I’m buying a currency buying gold cuz if you were buying gold for the long term you would look at its you know 100-year track record of 2% and you would never buy it so you’re speculating and you would never invest longterm in something that has a crummy or non-existent long-term track record M because by definition if it doesn’t have a long-term track record you are speculating
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14 Comments
Can’t teach an old dog new tricks
by that definition everything is speculation if it doesnt have a long track record. bitcoin has been around 15 years now, how much longer do you need, not only that but if you wait another 15 to accept it than youve been wrong the whole time
What has a long-term track record that hasn't been manipulated?
Hmm so how many years does crypto have to be the best performing assets in human history to be considered "long term"?
The anticipation for BlockSailor's eruption is at an all-time high!
He is old school
Boomer doesn’t realize that the average job means we can only afford to live if we spend it all on bills plus credit card.
Is Dave Ramsay a multimillionaire from investing in the market and if so how long did it take him?
Over $100k with Crypto from 2018 to 2019 & and still going long term with Doge & Shib today. All I put in was under $10k & saw a peak of $500k & could have been a millionaire if I didn't sell Doge early, so I'm keeping the other half for the next run 😂.
So let him know he is wrong 😂.
What's "long term"?
Gamblelation on a computer
IGNORANCE AT IT'S BEST, BE CAREFUL WHO YOU LISTEN TO….
Dave ramsey is lost in translation
bitcoin (and most altcoins) is wildly volatile but throughout the years its value has been up. even in recent, high interest rates period, bitcoin value went down but rebounded and stayed up for months. sure, bitcoin is inflated and easily manipulated, but real estate is basically the same thing at a much bigger scale. the people are pressuring governments to build more houses, hopefully inflated house prices plummet or at least correct itself.