Should I Invest In Crypto?
Crypto investors are reeling with Bitcoin plunging 70% since reaching an all-time high of $64,000 in November 2021. Cryptocurrency has been rocked by scandal, fraud, and a rollercoaster of volatility since its humble creation in 2008. In 2022, the sector has seen massive losses that don't appear to be slowing down anytime soon.
Tune in to The Dave Wallace Show as Dave makes the case for whether you should (or should not) invest in cryptocurrency - plus what investments you might want to consider instead.
0:00 Intro | Why You Should Not Invest In Crypto
1:10 Reason 1 - Crypto Doesn’t Generate Future Cash Flow
1:54 Reason 2 - Crypto Is Not Backed by Tangible Assets
2:54 Reason 3 - Crypto Attracts Short-Term High-Risk Investors
5:47 Reason 4 - Crypto Is Not Predictable
7:29 Reason 5 - Crypto Is Not Safe in Its Current Structure
10:37 Alternative - Where Should You Invest Your Money?
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Watch the full episode here.