This week in Bitcoin- 5-19-2017- BTC all-time high! ICO bubble, Altcoin thoughts- Simon Dixon, Kyle Kemper, Renegade Investor, Adam Meister

in #bitcoin8 years ago (edited)

Amazing guests on three different continents talk about the wild events of this past week in cryptocurrency. Guest this week are Kyle Kemper of the Blockchain Association of Canada, Simon Dixon of Bank to the Future, and Renegade Investor! We go into depth about the ICO bubble, talk about altcoin madness, and even bring up Steem backed dollars! This may have been the best This week in Bitcoin show ever (so far)! $2000 Bitcoin or Bust! :)

Kyle Kemper- https://twitter.com/kylekemper
Simon Dixon- http://www.simondixon.org/
Renegade Investor- http://www.renegadeinvestor.co.uk/
Yesterday's show

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Thanks for the video and Thanks for posting !!!

UpVoted & Followed 3 days ago, please consider following me. Thanks again

        ~~~ STEEM On !!! ~~~

This was an excellent interview, Adam!
I've heard the advice many times that:

  1. you should never invest what you're not willing to lose or
  2. Only put a couple of % of your investments into cryptos.

I'm going to throw another idea out there:

  1. Invest what you (smartly) feel comfortable with into the crypto market. If you have been fortunate enough to have doubled. tripled, or have even done (possibly much) better, stop. Stop and cash out your initial principal plus a small profit, and now only keep your remaining profit in the market.

By doing this, you will now be completely protected from any meltdown that comes . You've got your initial investment back and you've made a good profit from it. Now everything else is just frosting on the cake.

Thanks! People need to look at most alts as gambling. That way they will understand what they are getting into and not end up in shock of the worst happens. Your advice is solid. The guests basically said what you said.

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