Don't do it unless you're willing to lose 90% of that amount for the risk potential of going up. Get out before it peaks because once it starts crashing, the losses are mind bending fast.
I suggest you consider 25% in crypto and 25% in Gold and Silver. If we are all wrong, and you lose half in crypto, your wife will be really mad at you. Diversification is still a good thing.
The Federal Reserve is involved, but the real problem is the ridiculous amount of spending taking place in Congress. One party is more responsible for it than the other, but neither party is blameless.
@@comicbookcountdown9252 Most of "money" creation is done by banks using fractional reserve lending: Loans created with debt to buy cars, real estate etc. We create the debt by taking on loans to receive the money NOW, and to pay it off with our future earnings. Low interest rates benefit the producers of our society that responsibly leverage their earning potential to buy assets on credit. Low interest rates also incentivizes reckless speculators that leverage debt to buy assets and that have not accounted for the business cycles where debt is cheap today, but may not be cheap in the near future (overleveraged). This is why speculators have been rewarded over savers. This is also why we have boom and busts where speculators rek the economy with their prolifigate borrowing.
When you have bitcoin... You can enjoy views like that everyday Melissa...that's what I tell myself. Note to self...after Toby talk..buy MORE btc. Backed by maths, gets my full backing. Ta guys. 😊
Correct me if I'm wrong but if the US Govt. Would not borrow so much from the Fed, the Fed would not be the problem? They are enabling the US to over borrow?
It does matter who gets into power. A transition to currency backed by bitcoin will eliminate the debt given enough time. A candidate backing CBDC's will be game over for your freedom.
We keep getting told all the planets are aligning for BTC, demand outstrips supply 10:1, etc, etc, and yet price action is anemic at best. Anyone else feel like they're being conned by crypto in general rn?
love your channel.. US debt to Gdp..WOW!!! could you not project that for us, on a chart..where will it be in 10 years..20..and 30 years time... if it continues exponentially?
Absolutely. Glad that some people get it. Slowly approving BTC, Ethereum and other crypto so we can easily make the transition without barely noticing. Only we do.
I agree with the overall point and I'm not a big fan of the Federal Reserve but to be factual, Congress is the reason the dollar is being devalued and not the Fed. The Fed has no choice other than to pay for what Congress has already spent. They have to monetize the debt because Congress is spending more than they take in.
1.5 trillion in interest is 1.5-million-million ! insane! almost all your taxes (75%) are going to interest on the debt instead of improving the country.
You are correct. There is no consequence for the elected officials to spend more of other people's money than they have. You are correct that there is no way the US pays off this debt. You are correct that Bitcoin is a solution. Where you are completely wrong is your assumption that eventually the US government will turn to Bitcoin to bail them out of the debt too
It's a TRICK... "they" actually believe that we are actually GROWING ourselves out-of-debt, every day. This Administration has signed on to a 10-year commitment, to fund Social Programs that require more money (debt) than we can ever think to cover, with the result being that we simply Print more dollars to pay the bills! In just the last 4-years, we have burdened Americans with about 34% inflation... and we have covered current and future debt by printing money to cover this scandalous act. By the time the National Debt has doubled, from 2021, to something near $48t, we will have devalued the US dollar by about one-half (1/2)... So, the actual cost in US dollars, to repay the debt at the $48t level (using devalued dollars), will likely be less than the original cost (of just a few years ago) to repay the debt at the $24t level! DON'T LISTEN TO WHAT THEY SAY... LISTEN/WATCH WHAT THEY DO!!!
This is the very fact why I can't understand your overly bearish take on road ahead for the bitcoin price Toby (trying not to reveal too much CT Club information). I just don't understand your short timeframe and revisit to such an astonishingly low price measured in US dollars, if this is the trajectory of the dollar.
Yet it does matter who _gets_ into office. We may still have The Federal (not) Reserve (none) - yet we could also have a secure border, less wars, less war mongers, less spending on wars at home (the culture war) and abroad (Eastern European Border protection???) ... Yes the USD will inflate (or lose value) ... Yes, buy gold, sliver and BTC. Fold The Fed into the Treasury - make it and them accountable. Restore *The Republic!* - even if it would take 100 or 1,000 years.
Yeah BTC has been dumping in price for months though and just been trading sideways. I understand the principle behind it, but the whole crypto market is down a lot this year. Even with the halting and supply being lower the price just dumps and dumps. Hard to feel bullish when I was only in profit for a few weeks before it took a nosedive and hasn't recovered since. Just pray it turns around at some point this year.
WHY CANT YOU TELL US OTHER CRYPTOS YOU BOTH ARE INVESTED IN? OTHER CRYPTO RU-vidRS DO BUT YOU WANT US TO GO TO A WEBSITE AND PAY A MEMBERSHIP. IF YOU REALLY LOOKING OUT FOR US INVESTORS THEN YOU WOULDN'T ASK PEOPLE TO PAY FOR IT
Let's see if I get this right; You don't want to do the work yourself but you want someone else to give it to you for nothing. I don't mean to be harsh but this type of thinking is why you'll remain poor Do not throw your pearls before swine.
@@victorneely7964 YOU DONT KNOW WHAT I AM CLOWN.POINT IS DONT ACT LIKE YOU'RE HELPING INVESTORS MAKE MONEY WHEN YOU TRYING TO TAKE WHAT LITTLE THEY MAY HAVE WHEN YOU CAN GIVE FREE INFO.
Thank you MANUCHIN!!! Remember him? Ya, he’s the dude who flew around on private jets taking his wife here and there to view gold bars in storage!!! YEP…. THAT DUDE!!!
@@Fletchersfletch Trump isn't a politician in the true sense of the word, which is why both parties have been against him since he started running in 2015. Trump isn't part of their club, regardless of his wealth.
@@Fletchersfletch The political system isn't going to go away regardless of whether you and I dislike it. Does my vote matter? Probably not anymore due to election fraud. I have money in crypto, but I'm not living in a bubble, either.
