080: Why you’ll probably lose money in bitcoin, regardless of the price

Podcast Episode #80
Why you’ll probably lose money in bitcoin, regardless of the price

Bitcoin hit another all-time high today on the back of two, major announcements.

Dedicated Sovereign Man readers know I don’t pay much attention to Bitcoin’s price. Instead, I focus on the market cap and demand fundamentals.

In today’s Podcast, I explain my thoughts on the future demand of Bitcoin and other cryptocurrencies and what these two announcements mean for the sector.

And I share the role of investor psychology in cryptocurrency speculation… And why most people buying crypto today will get crushed – even if Bitcoin hits $1 million a coin.

About the Author

Simon Black is an international investor, entrepreneur, and founder of Sovereign Man. His free daily e-letter Notes from the Field is about using the experiences from his life and travels to help you achieve more freedom, make more money, keep more of it, and protect it all from bankrupt governments.