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779: Max Wright: The Bitcoin Bungee Theory
Cashflow Ninja
Bitcoin: The Risk Off Asset
The reason Bitcoin's prices gone down from 70 out of 15 now back up to 30, that was a process of washing out all of these risk on investors who think it's just another tech. And so a lot of people who came in as tech investors are being washed out because they're just wrong. It is actually a risk off asset is what it really is. So if you just want to state to where the puck will be, Bitcoin is where it's at. You also have to live your life and you want a long road.
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