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6 Kommentare
Tells you everything you need to know about that guy. He didn’t bother researching bitcoin whatsoever, didn’t know anything about it, still called it wacko etc. If he were legit and not just a salesman more than anything, he would have explained its brilliance on paper but high risk in practice and simply offered a high amount of caution for anyone thinking of buying some. He made it sound like you were investing in a pet rock.
This guy sucks. He’s been consistently wrong about many assets.
To be fair he was not wrong. There are a lot of penny stocks or alt coins today you would be „stupid“ to invest in that could moon.
You also have to realize his audience is terrible with money and he only offers the safest of advice. He will never tell his audience to diamond hands an unproven investment.
You guys realize that his target audience was people in **serious amounts of DEBT right?**
You guys going to to tell people in debt to buy more Bitcoin?
He was a get-out-of-debt guru, not an „investing guru“. Though his methods of avoiding credit for cash were extreme and stupid for other reasons.
IMO, investing more than you can afford to lose would be unwise because of the volatility. Then as well as now. That being said, investing a reasonable amount of money, into an investment you believe in, is generally fine.
This guy gives great advice for people who are bad with money. Not great for anyone with even a basic understanding of finance and investing.