Should You Invest in Cryptocurrency? | Phil Town

Cryptocurrency is all anyone has been hearing about right now, so let’s talk about it. In this video, I want to talk to you about …


  1. Hey folks! Thanks for watching this morning, so what do you think about Cryptocurrency now that I've shared my take on it? Share your thoughts below, I'd love to hear them.
    For more talk on Cryptocurrency, follow my podcast, we're hosting an expert and believer on the subject next week:

  2. Exactly. SPECULATION not investing Sounds tempting FOMO! (Fear Of Missing Out). πŸ€·πŸΏβ€β™‚οΈπŸ€·πŸΏβ€β™‚οΈπŸ€·πŸΏβ€β™‚οΈ

  3. Good video, but I would be careful with putting the bitcoins in the same bag as the altcoins (the cryptocurrencies that are not bitcoin) and discuss them in general terms. Bitcoin is by far the most extended in the market capitalization and also its popularity is the highest one, so it wins easily the enormous competition among cryptocurrencies. Unlike other cryptocurrencies like Ethereum, it has a limited supply, the same way as gold; it's completely decentralized and safe – this makes it inflationproof by concept. Although its still highly speculative, I could argue that it complies with Benjamin Graham's principle of "Investing in something that you believe has a sound value and this value will grow over time".

    Additionally, I would argue with Buffett's quote (6:33) since, although it's a clever point, speaking more analytically, historically gold has always proven to be a safe asset even during wartime. A golden necklace or ring could save a person's life or provide them an escape to a better world. I really don't think it's serious to say "If something bad happens, no one will care about this yellowish shiny metal, they will just care about food and gold will have almost no value", which is more or less what Buffett's quote implies. History really shows otherwise.

  4. Traders online should adopt Tony Attwood's trading platform, he's created complex options strategies that not only generates pretty huge returns on investments but also guides traders on how to safely trade/ invest online.

  5. Will bitcoin crash?. This is the question a lot of people are asking themselves right now, Before we give up so soon lets seat and try to remember what happened in 2017, and what happened by this exact time last year. The Bulls are warming up and if you give up now you lose. You might not lose your capital invested if you give up now but imagine the profits you will lose when the bulls kick into action. 'Now is the right time to invest' This is the very word Caroline Nyman told me last year and I'm forever grateful I listened and I took the word seriously. You might be wondering who is Caroline, She is a crypto analyst/tutor. I met her in person in a crypto forum. With Caroline's teachings and guidance, I make a monthly profit of 9 BTC with an investment of 2BTC. She’s reliable and trusted. You can reach her on whatsapps +447476064297 or her telegram carolinenyman

  6. Just recently came across you from a recommendation of a Brian Tracy either his YouTube or one of the emails he sent me I have passed on your channel to my brother who recently invested some money in crypto currency this is so valuable information you are sharing and I really thank you from the bottom of my heart thank you Phil

  7. They said internet was a joke back then…look at us now all using it…Hmm for me bitcoin has a lot of potential…time will tell…internet has equal the playing field for acquiring information for anyone around the world..i think If we have enough people on board for bitcoin it can take off.

  8. Cryptocurrency is technically cash. And cash is dead money. Stay away from this folks. If the richest guys in the world don't believe in crypto, probably you shouldn't as well !!

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