Patrick Bet-David Podcast Episode 108. In this short clip, they discuss whether investing in crypto is like gambling.
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Patrick is a successful startup entrepreneur, CEO of PHP Agency, Inc., emerging author, and Creator of Valuetainment on YouTube. As a natural critical thinker, Patrick takes complex leadership, management, and entrepreneurial ideas and converts them into simple life lessons for today’s and tomorrowโs entrepreneurs.
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Crypto gurus, to explain to humanity who will give back you're money if crypto exchange make mistake with you're money or steal them?
went gambling with crypto, you are gonna gambling not only the in casino but also the crypto currency rate at the same time.
you can win in casino but you also can lose it from the crypto currency exchange rate.
the sweet spot as far as centralization is not center not right but center right. not smack dab in the center but still attached to the center. some of the people on are right of center which leads to decentralization that is basically the end of a central government. thats like having a government without God at the top but a government of competing angels. the vatican is a central government with the pope
the trick is to care about sex with goodlooking women but also care about people places and things that are not sex with pretty women as far as forgiveness we can have both sex and love
How are you going to gamble witouth a strategy? Here is one that still works, go make some money
https://youtube.com/shorts/NQZ4zomxKcg?feature=share
The big difft is the Fed will bail out property investors by buying MBS and cmbs if they go down. At this point they won't bail out crypto but you never know what'll happen in the future
No. Gambling is a guaranteed loss. Crypto may go to zero, but it could become more valuable. You are guaranteed to lose all your money if you play casino games regularly.
i thought this dude called you ๐๐๐was ganna get away with my money but he show me more credibility by fulfilling his promise.
i thought this dude called you ๐๐๐was ganna get away with my money but he show me more credibility by fulfilling his promise.
duh
You always make a nice video ๐ but Iโm really tired of future predictionsโฆ it drives me crazy. I think crypto investment is better than stocks. Though I failed sometimes ago when I tried trading myself but Tisha Lauri helps me now
๐๐โ๏ธ โ๏ธโ๏ธโ๏ธโ๏ธโ๏ธโ๏ธ THIS GUY IS REAL AND A PROFESSIONAL WHEN IT COMES TO THINGS LIKE INVESTMENT, THIS GUY DID MINE AND PAY ME WITHOUT STRESSING ME WITH MY WITHDRAW๐ฅ๐ฅ
๐I really appreciate ๐๐for the way you handled the situation you gave me 8BTC if I was in your place,I would not be ablhe to take this i am greatful to you๐that you were througtfull at the right time just want to tell you a big heartfelt thank you sir ๐…….
๐I really appreciate ๐๐for the way you handled the situation you gave me 8BTC if I was in your place,I would not be ablhe to take this i am greatful to you๐that you were througtfull at the right time just want to tell you a big heartfelt thank you sir ๐……
๐I really appreciate ๐๐for the way you handled the situation you gave me 8BTC if I was in your place,I would not be ablhe to take this i am greatful to you๐that you were througtfull at the right time just want to tell you a big heartfelt thank you sir ๐……
I really hope PBD gets a crypto expert on to discuss crypto honestly.
Adam isn't here? Christ, how peaceful.
Bitcoin can never bottom out. Like GOLD, it needs to be MINED. Mining creates the energy input. The energy INPUT for GOLD is EXCAVATION cost. The energy INPUT for Bitcoin is COMPUTING POWER costs. BITCOIN will be never be less valuable than the computing power spent on mining the blocks ( Computing Power ) And the same with GOLD. GOLD value will never go below the cost of excavating the actual mineral. Bitcoin needs GOVERNANCE not REGULATION, I just don't know the difference tho…
Trading is gambling investing in crypto with a long term outlook is just obvious
Everything is a gamble when you dont know what you're doing. That is especially true in the STOCK market just as much as it is in crypto.
I KEEP HEARING ABOUT THEIR LEGITIMACY ALL OVER THE STATE I'M GLAD I COULD ALSO BENEFITED FROM THEM ..I JUST RECEIVED ANOTHER PROFIT FROM THEIR PLATFORM AS PROMISED ITS REALLY INCREDIBLE TO HAVE SUCH A PAYING PLATFORM IN THIS CRISIS PERIOD.
โ๏ธโ๏ธ I NEVER KNEW THAT THERE WAS STILL GOOD HEARTED PEOPLE LIKE HIM THAT WILL TEACH PEOPLE HOW TO MAKE MONEY FREELY, HIS A GENIUS๐ฅ๐ฅ
If crypto is so great, why does it seem like the world is falling apart? If it is so great, why hasn't it fixed our economic problems?
PBD for GOV ๐บ๐ธ๐บ๐ธ๐บ๐ธ
Crypto is no different that stocks from an investment perspective. There are frauds however bitcoin has proven over 12 years that it's the best investment of all time by a large margin, the nft space simple it's digital property that can be seen and used in the vr world .no crypto is not gambling.
Investing in anything is gambling.
Crypto is gambling, Bitcoin is not.
Crypto can bottom out and so do stocks!
I just made my first $20,000 in cryptocurrency I'm so glad I'm gonna have a successful retirement.
LAST ๐ฉ๐คฌ
Despite the economic downturn, Iโm so happy โบ๏ธ. I have been earning $22,000 returns from my $10,000 investment every 13 days
Government hates competition. Government is desperate for money after decades of deficit spending. Proof that deficits and debt equals taxes. Daddy government just pushed those taxes to a future date. That date is now.
My guess is that they are even looking at the trillions in 401k money that has yet to be taxed. Rest assured, they want it. Can totally see them taking it and putting Treasury IOUs in 401k accounts.
Blockchain is freedom and the future
If every Telegram platform has been so thrustworthy and real like easyworldweb .. the world would have been a better world without any worry about scammers.. am so happy for the lifetime transformation through their platform also
After so much hardship of living happily with my younger ones am so happy today with all I have from my investment with this God sent earning platform, it's so sad I found them so late but still grateful for the transformation through them. Am now a person living just like everyone wish all thanks to the decision I made to invest with them till today
After so much hardship of living happily with my younger ones am so happy today with all I have from my investment with this God sent earning platform, it's so sad I found them so late but still grateful for the transformation through them. Am now a person living just like everyone wish all thanks to the decision I made to invest with them till today
Grab your self some shiba before we take off
Inflation is a hidden tax that arbitrarily takes from the middle class and poor and give it to the rich. The rich have assets that appreciate along side inflation. On the opposite side of inflation is WAGE DEFLATION and SAVINGS DEFLATION. The middle class wages and savings go down. We have been taught and conditioned to believe that our money must be worth less by 2% each year to live in a productive society.
This is not a democratic or republican issue.
Investing is mitigating risk by knowledge ะธ information. More information from different perspectives that effects that assist the better decision you can make why it is called investing.
Established Tech stocks are down over 20% in the same month and ETH is down 8%. So are stocks gambling too ?
Of course it's gambling!
Crypto that's registered with the US gov is worse than worthless.
With cash, the government doesn't know what you buy.
With credit cards, there's the possibility that your card doesn't report how many guns, beer, whatever you bought.
With crypto, it's all wide open for anyone to see.
Once it's linked to your name, crypto become 'surveillance coins', and something you couldn't even pay people to want to hold.