Making Money By Debunking Bitcoin Myths

The Tai Lopez Show

Tai Lopez

Business

4.8 • 6.9K Ratings

🗓️ 19 December 2017

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

Everyone has an opinion on Bitcoin.
Some think it’s fairy dust, and others know the magnitude of what’s coming. Regardless of who is speaking, a cryptocurrency conversation will have a range of perspective and conviction.
But the truth is, that to understand cryptocurrency, you have to immerse yourself in conversations with expert opinions. They are the ones closest to the action, so their perspective is the one we must check all rumors and news headlines against.Learn more about your ad choices. Visit megaphone.fm/adchoices

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Transcript

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0:00.0	Bitcoin and crypto assets can go down 90% tomorrow,
0:03.2	and they'll still be higher than their all-time high
0:05.7	less than a year ago.
0:06.8	Then assuming that they realize the potential that I believe
0:09.8	that they have, the ones that are actually good
0:11.6	will be worth exponentially more than they are today.
0:18.1	Somebody said, do you think Bitcoin is about to crash?
0:21.4	Bitcoin and all crypto assets can be in a bubble
0:25.2	and undervalued at the same time.
0:27.0	And I'll give you a story to illustrate.
0:29.5	Back when Bitcoin was one or two dollars,
0:32.0	I know a gentleman that got really excited about the technology.
0:34.7	This was long before I ever heard of Bitcoin,
0:36.8	but he was really excited about it.
0:38.6	And he started to gather money so he could invest.
0:40.8	And he wanted to invest like $10,000 when it was $1 or $2.
0:44.7	And then all of his sudden,
0:46.1	Bitcoin went through its first price rally
0:48.4	and it went up to 30 bucks.
0:50.0	And he was like, shit, I have to invest right now.
0:52.4	So he invested pretty much all the money he had at $30.
0:56.8	And then guess what happened?
	...

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