Is Bitcoin a Good Investment (Updated for 2016)

Get Rocky's free Bitcoin course here - https://chrisdunn.com/free-bitcoin-course Connect with me: Facebook: https://www.facebook.com/ChrisDunnTv Twitter: https://www.twitter.com/ChrisDunnTv Instagram: https://instagram.com/chrisdunntv/ Subscribe to The Pathways To Wealth Show: http://www.chrisdunn.com/pathways-to-wealth/ Grab my new book, "How to Trade Bitcoin for Serious Profit": http://skillincubator.com/courses/new-bitcoin-book In late 2013 I did my first-ever Bitcoin video that I asked, "Is Bitcoin a Good Investment?" Well, here we are almost 3 years later and I wanted to do some updated analysis. My initial thoughts on Bitcoin were positive, but in 2013 I saw significant risks and issued a warning that I thought a market crash was coming... And that was a very unpopular opinion in the Bitcoin community, but turned out to be right. Let me remind you that I'm not a financial advisor, and this is not investment advice or a recommendation to buy or sell anything - It's just my personal opinion about Bitcoin and how I'm personally investing in this new, high-risk asset class. During 2014, Bitcoin crashed from above $1,000 into the $200's. Then, in 2015 Bitcoin's price based around the $200's where I started to accumulate for a long-term investment. I was buying in the $200's because I was bullish on Bitcoin long-term and felt that the pre-bubble price zone was a great value area to buy. From the low's of 2015, Bitcoin has gained about 400% as of mid-2016... And this has given rise to a plethora of positive new pieces from the mainstream media like CNBC and Forbes. So in this episode, we're analyzing Bitcoin's outlook into the second half of 2016 and beyond. In This Episode, You’ll Learn: Is Bitcoin a good investment in 2016 and beyond? Why Bitcoin crashed from the 2013 highs of over $1,000 How to find the best time to buy for a long-term hold What to do when Bitcoin's price isn't available at a discounted value The key major differences between trading and investing

Comments

1. What globe is that on your shelf? Please reply!
2. are u bearish or bullish on bit coin currently in 17? i happen to think bitcoin is over valued at 1100. id like to wait till it drops back down again. i own other cryptos. ill hold till the value is better
3. I'm just finding out Chris Dunn had so many Bitcoin videos.This guy is out of sight.
4. Isn't Bitcoin a virtual equivalent of how the American colonies money system worked prior to the American dollar? Fair question, constructive feedback please.
5. pls. have a review on btcpop.co, peer to per lending
6. when is the next bitcoin collapse or will there ever be one?
7. i would love to get into this.
8. https://xcoins.io/?r=9w3yft
   Get Bitcoin in Minutes
   Credit cards and PayPal are accepted
9. Please Donate Bitcoins To Disabled - 17qZnS7bwqh5gvscC1j2AnPsqmWNW13f7x - Thank You
10. I ❤️ this BTC Investment platform
    3.33% daily for 60 days = double your money in 2 month
    This is a long term program with automatic daily withdrawals to your bitcoin wallet.
    Web: https://elizion.org/?activation=249763210
    Telegram: https://telegram.me/elizion_bot?start=249763210
    
    This is no bullshit advertising! Elizion really pays every day since launch. Check out the elizion chat, there you'l find the latest payment proofs.
11. I chose TBC because it increases in value everyday. The increase is from 1% - 5% daily!! TBC outperforms every cryptocurrency. It was released in March 2016 and not fallen in a single day! Unlike Bitcoin, TBC does not have currency market exposure. This is why Bitcoin fluctuates and is valued less than TBC. Today, TBC is valued over $1800.00 and still increasing! If you are serious about investing in cryptocurrencies then please friend request me on FB and I would be glad to show you all you need to know.
12. Earn 1094 BTC by investing only 0.001 BTC. This is not scam. To join:
    https://www.cryptobitx.com/ref/b90a2b5634
13. the best minerator of bitcoin
    https://metizer.com/?ref=N1GTbl
14. Bitcoin prices will drop, but long term it will be at least $1,200 a coin.
15. is it safe to invest my bitcoin to btcjam.com?
16. I have used the site listed below for about 2 years now. It is easy and you get free
    bitcoin every 30 minutes. Save them to an E-Wallet that you can get online, I use
    Coinbase. Use the link below to sign up and start getting free bitcoin, DO NOT SELL THEM!! They went from $280 last year to $915 currently.
17. MIN 0.001 BTC DEPOSIT INSTANT WITHDRAWALS HIGH INTEREST RETURNS!!! BITMAGNET!!! https://bitmagnet.biz/?ref=Runamuc
18. https://www.bitbond.com/de/ressourcen/hohe-zinsen-verdienen/?a=3SBFTP9Q1S
19. Is there a price difference in the amount to buy bitcoin and the amount to sell bitcoin at the same moment
20. please how do I get my eBook after payment because I just paid now