Maybe because most of the people he is trying to teach his crypto classes dont know how to use cryptos yet?. How can he charge in cryptos to people who have no idea how to use cryptos in the first place, who he is supposed to teach how to use? Doesnt that make sense?. Logic 101 lol.

Anyway, I said ignore his advertising for his crypto academy, also I think its too expensive, but that was not the point I wanted to discuss about the video.

This post was edited by Golden_Order on Dec 18 2017 11:11am

Its a fear mongering video used to sell his product, plain and simple.

But the content of the message in the video is not true?.

Why dont you try investing a bit, maybe $1k or $2k in cryptos and see how it goes? When you start making gains and liquidating profits you will never go back and will start asking yourself why you didnt start earlier.

This post was edited by Golden_Order on Dec 19 2017 04:08pm

What are you investing in exactly; a store of value, a medium of exchange or a technology?

Bitcoin is the most expensive crypto but its source code is dated, having been improved upon by many other cryptocurrencies, and the transaction fees are so high it can't be feasibly used as a medium of exchange. In light of the previous points, what value would it be storing?

All you have to invest is in the top cryptocurrencies and your investment grows in value in the short - mid - long term because a lot of billions of dollars are entering the crypto market. Like I said before, you dont need to be super smart. You can invest in a passive way, just buy some of the top cryptos and sit. Thats it. Or you can go as an active investor and buy low and sell high and make more profit, but this one is harder, I recommend the first one for new investors.

BTC is now a commodity, the "currency" ones are Litecoin and Dash, but they all (the top 10 cryptocurrencies) give you profits in the short - mid - long term. I have explained this in the last 40 pages lol. Anyway, it doesnt matter if BTC is expensive, if its too expensive, you can go invest in the other cryptocurrencies which are cheaper and are also growing. Litecoin was just $50 forty days ago, now its around $300+ ... Imagine if you have invested just $1,000 in litecoins just forty days ago, your original investment of 1k would be worth now over $5,000. Just a small example of so many in the crypto world.

Then later on when you become more experienced, you can invest in good ICOs and multiply your ethereums (if its eth based). But this is when you become well informed into the cryptoworld. To invest in good ICOs you have to do research and know where you are putting your money, but this is later on when you know more about the crypto world.

I mean, making money in the crypto world is so easy, is not rocket science. Its not too late, its still early.

This post was edited by Golden_Order on Dec 19 2017 04:35pm

You're not really questioning why it's going up though.

If you can make a lot of money from the bubble and exit without losing much, then that's a decent strategy.

Whatever man.

If this is a bubble (which is not in my opinion), then its the most wonderful and beautiful bubble I have ever seen or invested in and profitted from.

This post was edited by Golden_Order on Dec 19 2017 04:43pm

It is 100% a bubble.

I have been hearing this bubble thing since early 2017. The market cap has increased so much, and so much profit has been made since then. As long as you keep liquidating profits from time to time, and everytime more and more, then whatever. In my opinion is not, but I dont have the absolute truth so, it might be. The point is that if you are making profits from it, then it doesnt matter lol.

This post was edited by Golden_Order on Dec 19 2017 04:48pm

This is true, which is why i pulled out, i made more than enough.
But if you keep everything invested there will be a crash somewhere on the horizon.
The fact that investment firms and banks are involved now is enough to make me 100% sure that they will try to burst this bubble.