🚨New Bitcoin ETF: Invest Now Before It Goes Way Up 🚀? What You Need to Know Before You Buy

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Our Rich Journey

Our Rich Journey

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Our Rich Journey - Are you considering investing in the latest Bitcoin ETF but unsure if it's the right time to jump in? In this must-watch video, we delve deep into the NEW world of Bitcoin ETFs and what potential investors like you need to know before making a decision. Join us as we explore the key features of this new Bitcoin ETF and analyze its prospects in the ever-evolving crypto market. We'll cover everything from the basics of what an ETF is, to the specific details of this new Bitcoin ETF. Plus, don't miss our take on the burning question: is now the right time to invest in this Bitcoin ETF? Check out our video to find out!
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Пікірлер: 208
@OurRichJourney
@OurRichJourney 3 ай бұрын
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@michaelcroker5344
@michaelcroker5344 8 ай бұрын
Vanguard will eventually fold and offer the bitcoin ETF.
@chionoman
@chionoman 8 ай бұрын
Warren Buffet eventually folded and bought a tech stock. Jamie Diamond will fold too if he hasn't already in secret.
@rafaelmercer21
@rafaelmercer21 8 ай бұрын
Based on the comments, I can tell many people don’t know much about Bitcoin at all…
@bredrickbussey7523
@bredrickbussey7523 8 ай бұрын
I agree!!
@Chaka2479
@Chaka2479 8 ай бұрын
That’s why they are scared to invest in it. They don’t understand the value of Bitcoin as digital Gold!
@chionoman
@chionoman 8 ай бұрын
Exactly. In 2013 I didn't invest in Bitcoin because I listened to people who said its made out of thin air. In 2016 I did my own research and discovered there is only 21M Bitcoin and will never be more. I learned about the halvening and its security so I invested and rode the bull and bear markets. Now I am retired at 42 with a bunch of real estate paying me. And guess what, people are still saying it is high risk and to stay away even though governments are mining it, the US has $8.2B of it, its legal tender in 2 countries, there are now ETFs, and blah blah blah I can go on and on. The advice they should give is to get some exposure and hold it for 10 years. I feel anyone not advising that is doing a disservice.
@truestory923
@truestory923 8 ай бұрын
They not into the ethics of investing. They don't care how they make money. Bitcoin solves problems based on the fiat monetary system which keeps most of the world in poverty. The fact that they haven't explored how Bitcoin is designed to be a self custodial solution to stop government debasement just shows that they are selfishly investing only
@Dmoney7539
@Dmoney7539 7 ай бұрын
Agreed!
@Chaka2479
@Chaka2479 8 ай бұрын
I FIRE’d off of Bitcoin. It’s an emerging asset class that keeps going up over the long term. The best performing asset class of the last 10 years!! #BTC #Bitcoin
@kotare86
@kotare86 8 ай бұрын
Congrats 👏🏻 Living the dream 💫
@Ry_Tunes
@Ry_Tunes 8 ай бұрын
It’s only the best performing asset of the last century.
@OurRichJourney
@OurRichJourney 8 ай бұрын
Thanks for watching!
@Chaka2479
@Chaka2479 8 ай бұрын
Bitcoin is Gold 2.0! #BTC #Bitcoin
@brianm0440
@brianm0440 8 ай бұрын
Thank you both for covering this topic, in a fair an unbiased way! I'm a big fan of BTC, so I can't say I share the personal viewpoint. But I appreciate the strong effort at a balanced assessment. Much appreciated.
@OurRichJourney
@OurRichJourney 8 ай бұрын
Thank you so much! BTC doesn't work for us in our investment plan, but it doesn't mean that everyone has to agree with how it works for them. :) We appreciate your kind words! :)
@vidachiropractic5760
@vidachiropractic5760 8 ай бұрын
Respect your opinion, but I disagree. Bitcoin is uncorrelated to stocks, so a 1%-5% allocation is a great way to add diversity to your portfolio. 160% return in ‘23, & it’s still early. God bless!
@OurRichJourney
@OurRichJourney 8 ай бұрын
Thanks for the respect - definitely okay to disagree! :)
@winstonthompson6721
@winstonthompson6721 8 ай бұрын
I disagree with your position on Bitcoin
@fredericosarmentomadeira5887
@fredericosarmentomadeira5887 7 ай бұрын
Vanguard's CEO stepped down from his role today. I wonder if that has any relationship with his decision to not offer BTC ETF products to their clients, especially in such competitive market. I guess we gonna see Vanguard BTC etf sooner than I thought
@m0kn33marc
@m0kn33marc 8 ай бұрын
Out of all of those thousands of assets you could invest in, which one has outperformed Bitcoin since it's launch in 2009? Here's a hint...none of them:-)
@impala6464
@impala6464 8 ай бұрын
I invested in Bitcoin and Ethereum in a Self-directed Roth IRA in 2017 with 4% of my net worth.
@Databhoy
@Databhoy 8 ай бұрын
How did you do that- I thought you could only hold securities in IRAs? Isn’t that the whole point of these ETFs?
@WanderingExistence
@WanderingExistence 8 ай бұрын
I have ETHE that I got at a discount to NAV in my Roth
@impala6464
@impala6464 8 ай бұрын
​@Databhoy Self Directed IRAs allows you to buy more of a variety of assets . I currently use the IRA Club. There are plenty of Self Directed IRA companies to choose from like Directed IRA.
@annettelewis981
@annettelewis981 6 ай бұрын
Bitcoin has surpassed silver already and, next is gold!
@afroinvest3269
@afroinvest3269 8 ай бұрын
Vanguard is an old institution run by old people who are not keeping up with modern technology. You make a fair point about Bitcoin, just don't get left behind sticking with these old institutions
@simplebutefficient-padda2745
@simplebutefficient-padda2745 8 ай бұрын
Why fix something thats not broken?
@robbycarson4999
@robbycarson4999 6 ай бұрын
Sometimes fear is our biggest impediment to achieving our goals or getting forward. Imagine if the person that invented Bitcoin felt content with the monopoly status quo of our financial banking system. Or better still, the people who invented the Internet, were content with the telephone communication system of the time. Would we be able to have this type of discussion/debate right now? Just coz the old system works, it doesn't mean we can't improve it or make it better. Otherwise, we'd still be riding donkeys n horses to work.That is the main reason we have a term known as "innovation." Just thinking out loud!!🤔🤔🤔
@joecarreon
@joecarreon 6 ай бұрын
I thought the same way when my buddy advised me to buy Bitcoin. I did my research and decided it was a scam .He now is a Bitcoin millionaire and I missed the boat !
@oninotsume
@oninotsume 8 ай бұрын
Backed by nothing?.... Check out the bitcoin hashrate and workout how much you would have to spend to mine one block? The worldest largest network but orders of magnitude. How much would it cost you to rent the world's largest computer for 10 mins? Hehehe...🤷
@chionoman
@chionoman 8 ай бұрын
EXACTLY! Bitcoin is back by the technology that runs it, the thousands of lines of code, the billions of dollars spent on hardware to create its worldwide decentralized network, the energy used to run it, its encryption, the fact that its legal tender in ALL of El Salvador and Central African Republic, the fact that many governments are openly mining it and the US government holds $8.2B of it, the thousands of developers who work on it, the payment, payroll, and remittance services created on top of it, and over 15 years of it running. But people think the US dollar is back by the US government. All I see is the US government destroying the value of the dollar... thats not backing it.
@MO-vy1ri
@MO-vy1ri 8 ай бұрын
All you guys are going to regret not investing into blockchain technology. I can promise you that😂😂😂.
@chionoman
@chionoman 8 ай бұрын
Exactly what happened to me. I regreted ignoring it and not learning in 2012. I would be a billionaire today. I waited till 2016 and now I am retired at 42 and very well off. If I just hadn't listen to stuff like this.
@impala6464
@impala6464 8 ай бұрын
Awesome! ​@@chionoman
@chibuikenwakamma
@chibuikenwakamma 8 ай бұрын
Awesome vid and thanks for sharing. I am a Vanguard guy and I appreciate and agree on what you said regarding the brokerage and Bitcoin ETF non-offer. I invested in the Bitcoin ETF (not with Vanguard) because Blackrock, Fidelity, and Franklin Templeton are offering it on their platforms.; And, even though Vanguard is not offering it, I found it a little deceptive of Vanguard because Vanguard is the 2nd largest holder of MicroStrategy (holder of 189,150 Bitcoins). So, in my head, Vanguard is investing in Bitcoins (though indirectly) but its not allowing its clients to invest in Bitcoins...hmmm!
@truestory923
@truestory923 8 ай бұрын
You should tell Vanguard this!
@OurRichJourney
@OurRichJourney 8 ай бұрын
Thanks for sharing your perspective on this!
@robertanthony3434
@robertanthony3434 8 ай бұрын
Not in agreement but everyone is 100% entitled to their own opinion! That being said I think if you're over a certain age and need to protect your money Crypto as well as a ton of other investments including a lot of individual stocks is a bad idea. Even all the shady platforms going insolvent couldn't slow Bitcoin down which has to say something. You don't have to like it but if you can't see that Crypto isn't going anywhere by now just means you don't want to see it.
@justinssebanenya1329
@justinssebanenya1329 8 ай бұрын
If Charlie Munger were still around, he would have called that etf assorted rat poison. In addition to tracking AAPL price, we are able to track apple's iPhone sales and new products. Many people are doing business using the magnificent seven's products. What has Bitcoin done for us lately apart from having a stock that we can buy and sell?
@EnArrozYHabichuelas
@EnArrozYHabichuelas 8 ай бұрын
@@justinssebanenya1329it has given us the opportunity to own money that will and cannot be confiscated by government or powers that be. It gives us returns that beat any other asset in wall street over the past decade. It keeps our dollars growing in purchasing power instead of losing value to inflation.
@robertanthony3434
@robertanthony3434 8 ай бұрын
@@justinssebanenya1329 what has physical gold done for you lately or silver?
@erikescalet
@erikescalet 8 ай бұрын
Btc is a store of value. Don't compare it to a company's stock.
@MindsetMediaClip
@MindsetMediaClip 4 ай бұрын
💢But it has gone somewhere....it's came far and it's only the start 💢
@OshoRamseyGump
@OshoRamseyGump 6 ай бұрын
5 years ago, I was fully on the same train as these guys. I was able to retire at 40. I've since evolved and now am roughly 50/50 split between stock index funds and Bitcoin. I'm looking forward to see where the next 5 years takes us!
@erodtv
@erodtv 7 ай бұрын
Fastest growing ETF in history. Very interesting asset is being built out.
@thorarthur66ddz
@thorarthur66ddz 8 ай бұрын
Bitcoin is global money with a supply cap that you can self-custody, bring with you anywhere, and/or send to anyone with an internet connection including across borders
@michelleh9794
@michelleh9794 8 ай бұрын
This is not a new problem solver we already have solutions for that so I’m lost on the new value that is being addded by BITCOIN. Cathie saying it will get to $1.5 million sounds like a pump and dump move now that a quarter of her portfolio is in Bitcoin.
@thorarthur66ddz
@thorarthur66ddz 8 ай бұрын
@@michelleh9794 Money is a ledger. 1. Commodity money serves as ledger governed by nature. 2. Bank money serves as a ledger governed by nation states. 3. Open-source money serves as a ledger governed by users Bitcoin is decentralized ledger technology that merges digital credit based ledger systems and traditional commodity-based hard money systems into a single, decentralized protocol of energy/money exchange
@rafaelmercer21
@rafaelmercer21 8 ай бұрын
⁠@@michelleh9794being censorship resistant and having an asset with a true fixed supply is not something that we have solved for. If I’m wrong, please list other things that have solved these two problems…
@R._L.
@R._L. 8 ай бұрын
​@@michelleh9794 Other than Bitcoin, what solutions do you see out there working as global money?
@Tartanion
@Tartanion 8 ай бұрын
what you call "your money" is not your money. HFSP
@theluxuryvagabond
@theluxuryvagabond 8 ай бұрын
I think in the end it is important to remember your individual investing style and tolerance. This type of ETF would not be something that fits my investing style but it may fit others. If I can achieve my financial goals by more stable, historically stronger and easier to understand methods that is what I prefer. I am not looking for the quick win or feeling FOMO. Keep the videos coming. You guys are a great resource.
@OurRichJourney
@OurRichJourney 8 ай бұрын
Yes - making sure investments align with your own investing style and risk tolerance is so important! Great point!
@christopherhouse7937
@christopherhouse7937 8 ай бұрын
If you bought Bitcoin and held for awhile and made a nice profit, you could always put it into a traditional asset like the S&P 500 index or stocks? 🤷🏻‍♂️ Just a thought 💭
@Annie4354
@Annie4354 8 ай бұрын
Warren Buffet says “don’t invest in anything you don’t understand “. I won’t be investing in Bitcoin or any other Cryptocurrency.
@LastDragonRide
@LastDragonRide 8 ай бұрын
I don’t like Bitcoin. Ethereum and XRP all the way.
@floridastacker
@floridastacker 7 ай бұрын
Wow, you didn't get in? A lot of lost opportunity you two
@Still-Swing
@Still-Swing 8 ай бұрын
Lets see how this age in 10 years.
@AfroSenpai
@AfroSenpai 8 ай бұрын
I'll continue to buy Bitcoin but buy the ETF through my business brokerage account. I appreciate that you guys have your own strategy and rationale for your investments and have enough discipline to stay strong.
@isikiasavua2521
@isikiasavua2521 7 ай бұрын
In 6 months vanguard will be selling bitcoin.
@PhillipPhung-f8g
@PhillipPhung-f8g 8 ай бұрын
Vanguard Group held over 1,126 million MSTR shares as of September 2023, making it the second-largest institutional shareholder in the company, with 8.24% ownership. Interesting that they own so much of a company that is basically a proxy for Bitcoin, but does not want their customers to invest in the ETF🤔
@nastypiglosi1788
@nastypiglosi1788 8 ай бұрын
Dollar cost averaging is the most powerful tool for investors
@pmack8537
@pmack8537 8 ай бұрын
Thanks for your analysis on Bitcoin ETF. I have stayed away from it myself! This sort of reinforces my opinion as well!
@OurRichJourney
@OurRichJourney 8 ай бұрын
Thank you for watching!
@jazzcole8089
@jazzcole8089 8 ай бұрын
A return on Investment of 100 million percent over the last decade... Oh well, more for me😂😂😂
@MidCenturyMikey
@MidCenturyMikey 7 ай бұрын
Thank you so much for this video is very informative. I also don't want to invest in Bitcoin because I don't believe in investing in thin air. I remember you guys when you lived in Oakland and started off your videos 4 years ago plus + 😊
@OurRichJourney
@OurRichJourney 7 ай бұрын
Yes! Oakland!
@mikecaprock9684
@mikecaprock9684 8 ай бұрын
Disagree with philosophy ; think should invest a small portion of your portfolio and buy 0.1 BTC ~ 4K and be a Buffet and never sell ; Fidelity has theorized that BTC by the year 2038 will be 1 Billion $ even if it just a fraction it will make a difference
@explicadofacil
@explicadofacil 7 ай бұрын
Fidelity has autocustody of the btc that back up the Fbtc. The others bitcoins etfs has their btcs in Coinbase.
@kirankumarsukumar
@kirankumarsukumar 8 ай бұрын
People talk about Bitcoin while Alibaba stock selling dirt cheap 😂 People miss the ones right in front of their face
@robbycarson4999
@robbycarson4999 6 ай бұрын
Think of the investment market like a BUFFET. It normally has everything from sweet, sour, salty, strong smell, mild smell etc... Each individual picks what suits their taste n keep the line moving. I guarantee you that at the end of the day, all the food will be cleaned out and everyone is stuffed n happy with their choice even though some may throw up as a of the choices they made!! Bottom line! Don't pick something out coz of the hype from someone. It may make you puke while it may not do the same to the other party. Pick something coz you know it works n feels right for you and you're ready to deal with the aftermath if it ends up going left!! Basically,u gots 2b a Ride or Die!
@impala6464
@impala6464 8 ай бұрын
Vanguard shouldn't allow people to buy Eastman Kodak stock and a bunch of other stocks that don't produce profits either. Let people make their own decisions with their financial advisor who is a fiduciary. I left Vanguard a long time ago, but my son's account is still there. It will get transferred once he starts adding more money to it.
@user-ne7wl5mp5r
@user-ne7wl5mp5r 6 ай бұрын
I’m barely looking into ETFs, still trying to understand it all (only know about stocks and foreign exchange), but from the looks of it it would be smarter to put my $500-$1000 into the btc etf instead of the stock right now??
@gracegiles5462
@gracegiles5462 6 ай бұрын
Bitcoin doesn’t need to be backed by anything, it’s digital gold and a superior asset. As for Vanguard, I’m pretty sure some of their customers are going g to migrate so they can get exposure to Bitcoin.
@jameslawrence2553
@jameslawrence2553 8 ай бұрын
Bitcoin promises many things, and folks throughout history always hinge on hope and dreams. Whether it’s snake oil or the greatest thing since the last greatest thing, only time will tell. Investing carries considerable risk.
@anthonyjanes9973
@anthonyjanes9973 8 ай бұрын
investing in any crypto currency be it through an ETF or any other format is no more than gambling, the value goes up and down like a yoyo and is way to volatile for anyone to seriously invest, where is the value in crypto ? it does nothing.
@axellondon5015
@axellondon5015 5 ай бұрын
Back by nothing... 😂😂 Every one buy bitcoin at the price they deserve.. 😘🧡
@justinelliott2000
@justinelliott2000 8 ай бұрын
I willing to buy 5 shares! Pure speculation! I’m okay with losing this amount
@impala6464
@impala6464 8 ай бұрын
That's the spirit! As long as you're okay with your risk!
@epilpstd1
@epilpstd1 8 ай бұрын
I respect your opionion on this but ask you take a deeper look into bitcoin itself to understand that it is truly an asset in a class of its own. Im sure the coming months will tease your curiosity as adoption grows. Take care guys!
@OurRichJourney
@OurRichJourney 8 ай бұрын
Take care! :)
@Stackitupmetal
@Stackitupmetal 8 ай бұрын
Don’t buy Grayscale bitcoin ETF
@evanswanyanga9648
@evanswanyanga9648 8 ай бұрын
why ? what about IBIT ?
@TiagoRamosVideos
@TiagoRamosVideos 8 ай бұрын
Very important video 👏
@OurRichJourney
@OurRichJourney 8 ай бұрын
Thank you Tiago!
@TheDiesels8
@TheDiesels8 8 ай бұрын
do you know that you can buy crypto on an exchange then move it to your own crypto wallet like ledger or tangem wallet? Or but Bitcoin from Fidelity Investments? Pretty safe way to but Bitcoin directly. Volatily yes. But you can count on it going up like clockwork every 4 years. Buy the Etf dollar cost averaging beginning especially after 12 months after its all time high.
@heisferdy
@heisferdy 7 ай бұрын
They mentioned this is the video
@MrsAwais-h8t
@MrsAwais-h8t 2 ай бұрын
e-tuk tuk continues to innovate in the green transport industry 🚛🌿
@nelliemillan4627
@nelliemillan4627 8 ай бұрын
BEST explanation ever . completely respect your professional opinion . I do not see or have the need to do it exept i might learn something new , cause when i started in 2022 , i bought high LUMN , LUCY & lately iep which are now nothing so , with the mrkt u never know unless u try it ? But u r right u can not go wrong being cautious. Thank you
@floridastacker
@floridastacker 7 ай бұрын
I listened and had enough to grab 884 shares or a bit more than half a bitcoin. Holding in my schwab 401k hoping for the best
@SileneSP
@SileneSP 8 ай бұрын
This video was crucial for me! I’d like to thank you, guys, your content has changed the way I invest 😊
@OurRichJourney
@OurRichJourney 8 ай бұрын
Thank you so much! Glad it was helpful!
@hopenfaith6255
@hopenfaith6255 8 ай бұрын
Maybe just small percentage to test the market so you will not feeling miss the opportunity
@bonitahill5239
@bonitahill5239 8 ай бұрын
So in agreement with you both take on these new ETF offerings 😉.... honestly what is the commodity? ? As soon as I saw the list of who was offering the ETF it told me all I needed to know 🤓 Thank you for that detail!! Excellent Vid as always and always right on time! 🤓🐶
@OurRichJourney
@OurRichJourney 8 ай бұрын
Good point!!!!❤️
@lf1666
@lf1666 5 ай бұрын
I love bitcoin and have not fallen into the fears!!!! Made a lot! Ill look into the ETF! Thanks
@lf1666
@lf1666 5 ай бұрын
Not frivolous when your return is 400%!!!!!!!
@sangpak8810
@sangpak8810 8 ай бұрын
I repect ur opinion, but Vangoud looking out for us is understatement
@OurRichJourney
@OurRichJourney 8 ай бұрын
Thank you! :)
@jaypaladin-havesmartswilll5508
@jaypaladin-havesmartswilll5508 8 ай бұрын
@6:00 I think you need to expand on this insurance protection as it concerns bitcoin ETFs because I think the statements may be confusing and possibly not accurate. If a ETF goes under what happens to the stock holder's investment? Depends on what "under" is: bankruptcy or drastic under performance or not enough investment money. Investors could lose most of their investment or if lucky have capital gains which to some investors may be an unexpected tax consequence. If there is fraud involved like FTX then how much do investors expect to get back? The SEC doesn't catch everything before it happens.
@OurRichJourney
@OurRichJourney 8 ай бұрын
I think you are misunderstanding what the SIPC covers. It's not about the failure of the ETF (or any other investment). It's about the failure of the brokerage firm, like we mentioned. The SIPC does not cover you simply if your investments fail.
@jaypaladin-havesmartswilll5508
@jaypaladin-havesmartswilll5508 8 ай бұрын
Okay, thanks@@OurRichJourney
@MoraimatheTraveler
@MoraimatheTraveler 8 ай бұрын
So far Vanguard is not creating an ETF based on Bitcoin, I agreed that is a good sign, but the time will tell.
@OurRichJourney
@OurRichJourney 8 ай бұрын
Good point - time will tell. :)
@lmpreston1
@lmpreston1 8 ай бұрын
I thought Fidelity already had GBTC?
@gaylanwright2317
@gaylanwright2317 8 ай бұрын
Would the Bitcoin ETFs be able to be traded 24 hours a day at the brokerages?
@OurRichJourney
@OurRichJourney 8 ай бұрын
I would contact the brokerage to see how they'll treat Bitcoin ETFs and whether they allow for pre-market and after-market trading.
@rickshae1525
@rickshae1525 7 ай бұрын
Bitcoin is the best performing financial instrument in all of human history though. 🤷‍♂️ No better investment could ever have been made by anyone, ever.
@vincentgagnon6224
@vincentgagnon6224 6 ай бұрын
Wow thanks you guys. You just confort my opinion on bitcoin. You guys are smart. Bitcoin seems to be just an hype. And if you look carefully at the videos who promote bitcoin its mostly always the same people promoting skyrocketing profit in a short term. I just keep going with my plan.
@rodreddick
@rodreddick 7 ай бұрын
Bitcoin is the future....They make money on all the stocks in the market...
@pablochacon3382
@pablochacon3382 7 ай бұрын
yes I also recommended don't invest more than 15% of your portfolio in Bitcoin/Ethereum
@Carl_455
@Carl_455 8 ай бұрын
Thanks for making this very informative video!
@OurRichJourney
@OurRichJourney 8 ай бұрын
Thanks for watching!
@Lone-Wolf-Rips
@Lone-Wolf-Rips 8 ай бұрын
Been waiting for this video to drop like an album or shoes
@OurRichJourney
@OurRichJourney 8 ай бұрын
Haha! BOOM! :)
@kareemeogletree9803
@kareemeogletree9803 8 ай бұрын
Bitcoin may not be for you and I respect that it appears you guys have carved out your niche and don’t need it but it’s not going anywhere it’s a new asset class and a future form of currency. You can already buy things with bitcoin remember paper fiat currency is not backed by anything either.
@amt7877
@amt7877 8 ай бұрын
Don’t like bitcoin put in 4 thousand and now down more than half. Never invest in it ever again. Wish I knew more about investing before I invest in it. I learn the hard way never invest in something you don’t know.
@cheveznyc
@cheveznyc 7 ай бұрын
I would never purchase on these etf, since it's doing a hostile takeover from the freedom of bitcoin.
@dananderson47
@dananderson47 8 ай бұрын
Spot on! Opinion: $Crypto is smoke and mirrors and has no intrinsic value. Investing in it is pure speculation. But, if you like to gamble, maybe it is for you.
@raymondhenry4936
@raymondhenry4936 8 ай бұрын
1 to 5% of my portfolio is worth the risk considering the added diversity and upside potential.
@FennaVa
@FennaVa 8 ай бұрын
Buying of just any ETFs is easy, but buying the right one without a time-tested strategy is incredibly hard. Hence which is best to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $260K for sometime now, my major challenge is not knowing the best entry and exit strategies.
@lashawn369
@lashawn369 8 ай бұрын
Checking in from the DMV.
@OurRichJourney
@OurRichJourney 8 ай бұрын
Hi LaShawn! Hope you're having a great week! :)
@willmallory9085
@willmallory9085 8 ай бұрын
Excellent video Team
@OurRichJourney
@OurRichJourney 8 ай бұрын
Thanks Will!
@laurenprada3335
@laurenprada3335 8 ай бұрын
I appreciate this info. Thank you!
@OurRichJourney
@OurRichJourney 8 ай бұрын
Thank you!!!
@interpro
@interpro 8 ай бұрын
I respect your opinion about investing bitcoin and appreciate your perspective. It's surely not for the traditional investing mind. As you mention, if anyone with hi-risk hi-return manaing mind (also smaller %) , it's worth explorering as the world is changing fast with crypto market. It doesn't hold any value itself, but it hold value of being able to revolutionize "what is money"? question. If more people start to recognize and adopting that value, it will become a valuable investing asset class. Thanks.
@livinginthehudsonvalley845
@livinginthehudsonvalley845 6 ай бұрын
Missed out on big gains in the etfs. Sad
@HemisFair210
@HemisFair210 8 ай бұрын
I heard that You also get taxed just for holding the ETF in addition to the expense ratio
@MR.B1004.
@MR.B1004. 8 ай бұрын
You both just hit it on the nail the bitcoin ETF is only covering the holds of Crypto currency industries! BEWARE! I still haven't invested in Bitcoin to this very day.
@OurRichJourney
@OurRichJourney 8 ай бұрын
💕
@alreyes446
@alreyes446 8 ай бұрын
bitcoin etf or crypto etf? 🤦‍♂️
@OurRichJourney
@OurRichJourney 8 ай бұрын
📈Looking to learn how to invest? Enroll in our Stock Market Investing Course: www.ourrichjourney.com/investingforfire 🔥Learn more about financial independence and retiring early: Enroll in our F.I.R.E. Master Class: www.ourrichjourney.com/firemasterclass
@lamonttaylor5061
@lamonttaylor5061 8 ай бұрын
I 100% agree with your opinion.
@OurRichJourney
@OurRichJourney 8 ай бұрын
💕
@alexandermills382
@alexandermills382 8 ай бұрын
Thank you for the advice, I am old so no BTC for me. Property has been good to me! Alex in Norway.
@chionoman
@chionoman 8 ай бұрын
Have you researched the fact that there will be only 21M Bitcoin ever, the "halvenings" and its supply shock every 4 years which will continue every 4 years. Once you realize this you will start to understand that there will be pull backs but ultimately the price is going higher. This is exactly the reason you hear those outlandish price predictions of 500k, and $1M bitcoin prices. Did you know the US government holds 200,000 Bitcoin? Did you know it is legal tender in 2 countries, many governments are currently mining it. El Salvador is all in on Bitcoin. This latest news with the ETF means more than the corporations putting in their capital. It means the US government will never criminalize its use or investment which I saw as the biggest risk to its price. I strongly urge you to really learn about Bitcoin and think about a small exposure to hold for a min of 5 years. For the history of Bitcoin, everyone who has done that has come out way ahead.
@kirankumarsukumar
@kirankumarsukumar 8 ай бұрын
Im not touching any crypto. For me high quality stocks @ good value
@chionoman
@chionoman 8 ай бұрын
You should learn about Bitcoins supply (only 21M of them ever) Also learn about the halvenings and why there are cycles. Learn about the fact the US Gov holds 200,000 Bitcoin and governments around the world are mining and using it. 2 Countries have already made it legal tender and more will come. I was just like you until I did a deep dive. What I found was shocking and I was so mad I didn't pay attention earlier.
@MillennialRescueOrg
@MillennialRescueOrg 8 ай бұрын
I say, wait for Bitcoin to breach 100,000.00. then I will begin to think about it as the U.S. Dollar debasement continues.
@zurijdogg
@zurijdogg 8 ай бұрын
So wait until bitcoin hits or pass $100,000, instead buying some now at around $41,000. Sounds backwards to me, but do what works for you 😂. Everyone truly does buy bitcoin at the price they deserve.
@Evanplays15
@Evanplays15 8 ай бұрын
Agree with you guys 100 percent. Thanks for sharing your insights. On another note thanks for the suggestion VGT. So far this ETF is a total winner.
@dahaus6802
@dahaus6802 8 ай бұрын
Do you guys have a video on good investment companies for US expats living abroad? Vanguard, schwab who is the best?
@georgepiteira7586
@georgepiteira7586 8 ай бұрын
Thank you Amon and Christina for your solid advice. I absolutely agree, bitcoin is backed by nothing but blockchain, speculation, and a whitepaper. I can't use it to buy anything at my local grocery store. Real currency has to be tangible IMHO. Cheers!
@comment5884
@comment5884 8 ай бұрын
@OurRichJourney
@OurRichJourney 8 ай бұрын
💕💕
@dionneking8
@dionneking8 8 ай бұрын
I'm gonna look into I do have btc with coin base
@mitsueebara748
@mitsueebara748 8 ай бұрын
I thought Bitcoin is ETP not the fund You see a difference between products and funds!
@jeffcombs6455
@jeffcombs6455 8 ай бұрын
I would agree that if Vanguard isn’t on board then I wouldn’t but it
@chibuikenwakamma
@chibuikenwakamma 8 ай бұрын
@@shawn47240 lol...Good One. I just said the same thing. Vanguard is the second largest holder of MSTR which owns/holds 189,150 BTC. Go Figure.
@SCANLZ
@SCANLZ 8 ай бұрын
Im still waiting for you to do a video breakdown of Acorns. Their services are about ETF investments and more...
@OurRichJourney
@OurRichJourney 8 ай бұрын
Didn't know you were waiting on that 😁
@SCANLZ
@SCANLZ 8 ай бұрын
@@OurRichJourney it's on my 2024 wish list 😀
@danelledautrievesanford
@danelledautrievesanford 8 ай бұрын
Hi There. I don't know about bitcoin 😮
@OurRichJourney
@OurRichJourney 8 ай бұрын
Hey there Danelle!!!💜
@stephanhoffmann3265
@stephanhoffmann3265 8 ай бұрын
​@@OurRichJourneylong term bitcoin 🎉
@fazotakeiteasy
@fazotakeiteasy 8 ай бұрын
Research and do your due diligence.
@ebosele307
@ebosele307 8 ай бұрын
On Point.
@OurRichJourney
@OurRichJourney 8 ай бұрын
Thank you!
@moegoggles
@moegoggles 8 ай бұрын
Appreciate your perspective.
@OurRichJourney
@OurRichJourney 8 ай бұрын
Thank you!
@brucecampbell7347
@brucecampbell7347 8 ай бұрын
Investing in Bitcoin is like throwing your hard earned money in a fireplace in my opinion. Bitcoin went from being a decentralized currency to very much centralized with these ETFs. Totally against the original concept.
@vaskarluitel7951
@vaskarluitel7951 8 ай бұрын
I want to meet both of you. I am in lisbon.
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