Bitcoin Investment Advice - Bullet Proof Advice for Investing in Bitcoins

Don't take my advice, don't take anybodies advice, do your own research and make decisions on that basis ONLY. A lot of people offering bitcoin investment advice are doing so on a self-serving basis. ie. Don't buy bitcoins now, because they want to keep the price low, or do buy bitcoins now if they want to pump and dump. Longterm bitcoins will have one of two outcomes - they will either be extremely successful, in which case the smallest investment in bitcoins could make you extremely rich, or they will be dead in the water and worth nothing. Finally, only invest what you can afford to lose, in bitcoins. Or more to the point, never invest more than you can afford to lose in bitcoins, because there is a good chance you will lose everything.

Comments

1. Came here to spam for referals... dude knows what he's talking about though. thanks for sharing :)
2. I am inclined to listen to ukulele players. And I still wish to buy altcoins ! Uke on ! rc
3. where are you now with bitcoin?
4. Did u became rich? i remember bitcoins worth nothing and then it was worth 900 dollars for 1 bitcoin :S
5. fuckin rite my man
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7. This is the best advice I've heard so far about the future of Bitcoin, and I hope many others hear your advice and take it. I have this video saved to my favorites, and when anyone asks me what I think about investing in it, I'll send this link to them.
8. for it to work it needs to be used as a currency...
9. That link looks dodgy dumbo
10. Only the miners and wallet services really need to worry about that - and they (we) are already spending a LOT of money on speed, so the size of the blockchain won't ever be a problem. Yeah, concisely, its only bitcoin service providers that need to store the blockchain.
11. Hi, I really enjoy your videos, especially since I am not a programmer or hacker, or even all that great with computers for that matter. Anyway, I read the other day that because the blockchain is growing exponentially to participate in bitcoin everyone will very soon need extremely powerful computers. Why does this not kill this baby in the crib? The article is at testosterone pit website dated 4/9 if you would like to look. Are they exaggerating the problem? Anyway good job on the videos!