3 Major Risks of Investing in Cryptocurrency | Phil Town




It may seem like everyone is investing in cryptocurrency these days, but it’s not for everyone and there are some real risks of …


26 Comments

  1. Usually I love your videos. However, this time it feels as if you are talking about some thing you aren't completely understand. I wish you to consider seating with someone who know a thing about it and hear what he has to say 🙂

  2. This a great video, I learn alot watching your videos and it has been helpful to me. building a steady income is quite difficult for newbies. Thanks to Karen Cosmann for improving my portfolio, keep up with good videos.

  3. I've< been around for more than 1/2 century and I have seen my share of stock market contractions. Saw the birth of video gaming, and the birth of the internet, to name a few. Now, I get to witness the birth of blockchain and Crypto, and I can personally attest that Crypto is a completely different beast from the US stock market. 100% agree that there should be a guarded approach to crypto investing. You may not win hearts and minds of everyone, but you have and are earning respect for telling the truth and trying to help others to look out for themselves. I'm super picky who I listen too for crypto analysis.. I have made over 17` btc from day trading with Judith Sherwood Signal in few weeks, this is one of the best medium to backup your assets incase it goes bearish.

  4. Don't criticize if you don't know what you're talking about! you are not happy to see someone smarter than you is to say that you are rich with the sales you make and criticize your sales content…just to simplify, I will be very honest . click on the link below it's gone! we are in 2022.

  5. Phil, just because YOU don’t understand something doesn’t mean you should tell others not to invest in it. Did you know that you can do a discounted cash flow analysis on Ethereum based on the transaction fees?
    Also, it will be productive asset because of staking rewards. It’s the new internet bond! Also, it’s moat is network effects. The majority of DeFI and NFTs are built on top of Ethereum.

  6. Retired with a 7 figure portfolio and receiving about $600k in dividends, I have been in stock market about 20 years, Am I worried? Am I selling? Absolutely not. I have purchase growth stocks too, a little at a time over the past few weeks. I am going to sit back and observe how this all plays out, adding more at a time. My investment strategy with Andrella thomas financial advisor actually calms me down. Eye on the prize, stay the course!

  7. thought about it but don't understand it. It's not tangible serves no purpose. No history. Unlike gold which has lots of history and is a recognized currency all over the world.

  8. Couldn't agree more. Funny how many of the comments below are ageist. When people don't like what you say, but don't have a decent counter argument, they resort to whatever form of discrimination they think fits best in order to dismiss you. And in so doing, reveal their own weaknesses 😅

  9. You're missing out on the biggest opportunity of the century… similar to those who feared 'the internet' at it's inception. Fear of things you don't understand is natural, but this is the biggest opportunity any of us will have in our lives for massive wealth.

  10. <I'm new to cryptocurrency and I don't understand how it really works. Can someone guide me on the right approach to investing and making good profit from cryptocurrency investment?.

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