Should You Buy Bitcoin? – My noob quick thoughts on cryptocurrency.


Disclaimer: This is not financial advice. Nothing I say is meant to be a recommendation to buy or sell any financial instrument. Don’t invest money you can’t afford to lose. I am not responsible for your investments. Click “Show More”.

Be safe out there! Lots of bad information and rumors out there, wild volatility, and randomness can happen. Don’t trust anyone and always be skeptic of what you hear. Everyone has their biases. For example, because I own a little bitcoin maybe I am a little biased in it’s favor. Be responsible. You could lose a ton of money. Maybe Bitcoin is in a bubble and will decrease by 70% soon. Or maybe it keeps going up. Noone knows. I’m not a financial advisor. I’m a noob at this and just felt like talking about Bitcoin and crypto cus it’s pretty cool.

I’m guessing cryptocurrency and fiat money are both going to be around for a long time and go together. Kind of like yin and yang.

I don’t think I’m going to invest more than 10% of my savings into crypto currency. Just seems too risky. Stay safe out there people investing!

Btw I heard there may be scams or ponzi schemes out there too. That’s what some people are saying about the site “bitconnect”. Really do your research!

Comment below your thoughts on cryptocurrency. I’m really curious what you think!

► Bitcoin price as of when I launched this vid: 8235.00 US Dollar
► Ethereum price as of when I launched this vid: $365.31 US Dollar

► Really interesting video of the Ethereum founder, Vitalik Buterin: https://www.youtube.com/watch?v=WSN5BaCzsbo

► Want to start trading cryptocurrencies? Sign up through this link to get $10 of free bitcoin when you buy $100 of bitcoin or more:

https://www.coinbase.com/join/5a0ea355e4c3f900fa97d01b

When I asked my friend (Morten) where I should buy bitcoin he recommended Coinbase. So I bought my Bitcoins and Ethereum with Coinbase and it’s what I use. Very easy to use.

Disclaimer: The above is an affiliate link. If you do signup and get the $10, I will also receive a commission of $10. A nice win-win for anyone who wants to start trading Crypto.

Thanks to my friend Morten for getting me excited about Bitcoin. His channel: https://www.youtube.com/mortenhake

Thanks to my dad for brainstorming and discussing Bitcoin with me.

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