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The Ramsey Show Highlights

"God Told Me To Buy Crypto"

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6682 Ratings

🗓️ 14 April 2025

⏱️ 6 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

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0:04.3

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0:06.7

So I have, my husband and I have a crypto portfolio that is at about $60,000 right now.

0:15.1

And we are about to close on the house.

0:20.4

And we have no credit card debt, but we have 14,000 student loans and 37 in an auto loan.

0:28.5

And we don't know if we should sell our crypto right now and just pay off all of our debt and, you know, start this process with a home

0:41.2

with a mortgage debt free or try to wait out the bull run that is projected to happen with crypto

0:48.5

in about April and sell, you know, at whatever price it'll be around then.

0:57.3

I wouldn't try to time the market with it. I mean, you guys are in debt today and you're

1:03.0

closing on the house really quickly. And so I would liquidate this crypto and I would pay off

1:08.7

this debt. I would do that instantly.

1:19.2

Okay, but do you have any advice on, like, what if it were to go to the projected amounts that the coins we hold are going to go to?

1:22.1

You know what the other projected amount is, right?

1:25.3

The other projected amount is zero that they go to.

1:31.5

Do you have a recent memory about crypto?

1:36.1

So we are not invested in mean coins, which is, I mean...

1:39.9

You are invested in crypto.

1:42.9

Do you have a recent memory, like in the last 36 months of what that has, that category of investing has done?

1:51.0

It's one of the most volatile, high-risk investments on the planet.

1:55.6

And it's not technically an investment.

1:58.0

It's actually called speculation.

2:03.8

We were up $30,000 more than we are right now,

...

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