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Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

Should I Invest In Bitcoin?

Early Retirement - Financial Freedom (Investing, Tax Planning, Retirement Strategy, Personal Finance)

Ari Taublieb, CFP®, MBA

Retirement Planning, Save On Taxes, Careers, Personal Finance, Retirement, How To Retire, Business, Real Estate Investing, Investing, Stock Investing, Early Retirement, Entrepreneurship

4.7585 Ratings

🗓️ 19 July 2021

⏱️ 6 minutes

🧾️ Download transcript

Summary

Our topic on this episode of the Personal Finance Redefined podcast is about investing in Cryptocurrencies, specifically Bitcoin. Questions discussed: How risky are cryptocurrencies? Should I Invest in Bitcoin? What is the best strategy for my goals? Interested In Working With Ari? Schedule Your Free Consultation Call Here Let's Connect! WebsiteLinkedInInstagramENJOY THE SHOW? Don't miss an episode, subscribe via Apple Podcasts, Stitcher, Spotify, or Google Play Have a question you want a...

Transcript

Click on a timestamp to play from that location

0:00.0

finances can be complicated but they don't have to be i break down financial topics that may seem

0:10.9

complex and overwhelming so you can start taking action on your financial goals i'm auretowly

0:17.2

and it all starts here on Personal Finance Redefined.

0:21.7

Hello everyone and welcome back to another episode of the podcast.

0:25.6

Hope you've been enjoying it so far.

0:27.6

Love doing a wide range of topics and keep the listener questions coming.

0:31.6

So let's get right into today's episode.

0:33.7

So should you invest in Bitcoin?

0:36.1

Bitcoin.

0:37.0

What a whirlwind. Investing is too difficult to predict.

0:40.3

It's just that simple.

0:41.3

But because we can't predict where prices will go,

0:44.3

doesn't mean we shouldn't invest in things that will hedge our portfolio.

0:48.3

So if your goal is to make a quick buck and get right out,

0:53.3

Bitcoin might be a great option for

0:55.1

you.

0:56.1

But you also have to know that there's a large chance that your money could go down in value.

1:01.6

And so that's what Bitcoin is.

1:04.0

It could be a great hedge and we don't know too much about it where we can see its long-term

1:08.7

historical track record and what amount it should really

1:11.3

play in our portfolio. But I always like to bring it back to your goal. What's your goal? Is it to make

1:16.2

as much money as possible in a few months investing where it's almost gambling to you? Or is the

...

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