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cover of episode 080: Why you’ll probably lose money in bitcoin, regardless of the price

080: Why you’ll probably lose money in bitcoin, regardless of the price

2017/11/2
logo of podcast Schiff Sovereign Podcast

Schiff Sovereign Podcast

Shownotes Transcript

Bitcoin hit another all-time high today on the back of two, major announcements.

Dedicated Sovereign Man readers know I don’t pay much attention to Bitcoin’s price. Instead, I focus on the market cap and demand fundamentals.

In today’s Podcast), I explain my thoughts on the future demand of Bitcoin and other cryptocurrencies and what these two announcements mean for the sector.

And I share the role of investor psychology in cryptocurrency speculation… And why most people buying crypto today will get crushed – even if Bitcoin hits $1 million a coin.