Learn to buy anonymous Bitcoin:
https://www.bitcoinuniversity.com/courses/76599-the-ultimate-guide-to-bitcoin
In this video, I discuss the factors to consider when thinking about how much Bitcoin you should own.
There’s no “one size fits all” solution to this, since everyone has different net worths, income levels, expected expenses, risk tolerance, etc.
Asking other people how much Bitcoin you should own is a little bit like people asking Mozart for permission to get into the symphony writing business.
Holding Bitcoin without understanding Bitcoin is a recipe for disaster. You’ll never survive the FUD and volatility. That’s why you need to do a lot of research and not rush into large allocations to BTC.
And that’s why you cannot ask other people how much of your money you should put into BTC.
Not investment advice! Consult a financial advisor.
Charlie Munger’s Mozart anecdote:
Cyprus banks stole their customers’ money:
https://www.reuters.com/article/us-cyprus-banks/european-court-dismisses-compensation-claim-in-cyprus-2013-deposit-grab-idUSKBN1K3242
Hold only as much fiat as you are prepared to lose:
https://www.visualcapitalist.com/wp-content/uploads/2021/03/Purchasing-Power-of-the-US-Dollar.jpg
Search my YouTube videos here:
https://www.youtube.com/@Bitcoin_University/featured
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#crypto
Disclaimer
Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.
