7min chapter

The Ramsey Show cover image

Building Wealth Is Hard but Being Broke Is Harder

The Ramsey Show

CHAPTER

Navigating Cryptocurrency Risks

This chapter explores the volatility and risks of investing in cryptocurrencies, emphasizing the need for informed financial decisions. It discusses the importance of liquidating assets to pay off debt and introduces frameworks for evaluating investments, including sunk cost analysis, while highlighting the distinction between speculation and long-term investing.

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