Capitalism.com with Ryan Daniel Moran
Should You Buy Bitcoin At $70,000? Crypto BULL RUN Incoming
Mar 8, 2024
Exploring the surge in Bitcoin and Ethereum prices, discussing investment strategies at peak levels. Emphasizing long-term e-commerce and crypto investments over chasing trends. Highlighting success stories and resource recommendations for wealth creation.
20:17
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Quick takeaways
- Avoid FOMO in crypto by not chasing all-time highs; focus on undervalued assets for long-term growth potential.
- Wealth-building strategy: Combine business profits with enduring asset investments for sustainable financial growth.
Deep dives
Bitcoin and Ethereum Reach All-Time Highs Unexpectedly
Bitcoin and Ethereum have reached all-time highs, with their values tripling since January of 2023. The surge in cryptocurrency values has surprised many as it was not anticipated to happen this quickly. The influx of big money entering the crypto space, including the initiation of ETFs, has replaced the casual retail investors driving previous price surges. While some speculate on even higher prices, the speaker personally refrains from buying more at current levels to avoid chasing the trend.
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