Should YOU Invest in Bitcoin?

Should YOU Invest in Bitcoin?


Welcome, welcome to One Minute Crypto! I’m your host, Chronos, and today I will answer
that age-old question: should you invest in bitcoin? I get asked this all the time, because when
people hear I run a YouTube channel on cryptocurrency, it’s the first thing they want to know. “C’mon, man, is the price going to go up or
not?” Well, you’re probably not going to like my
answer, because I think the best way to invest well is to thoroughly understand what you’re
investing in. For Bitcoin, you need to be able to confidently
answer these three basic questions. First, what happens if you copy your bitcoin
wallet onto a second computer, and then spend the copy? Why doesn’t that double your money? Second, why are bitcoins worth anything at
all? What is it that determines their price? And third, why can’t miners just make as many
bitcoins as they want? What exactly makes it hard to produce a bitcoin,
and what keeps the supply limited? If you can answer these three questions, THEN
you can consider investing. But if not, you need to do your homework first. Benjamin Franklin once said that an investment
in knowledge pays the best interest, and I couldn’t agree more. I’m Chronos. Thanks for watching!

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2 thoughts on “Should YOU Invest in Bitcoin?”

  • This video is sponsored by Americas Cardroom, the most trusted online poker site. Fund your account AND claim your winnings using your favorite cryptocurrency! Make your first deposit with crypto to get a 200% bonus. http://ow.ly/NEzd30guKzU

  • -ED- Bitcoin SV Channel says:

    Bitcoin is a SYSTEM which has been defined in the Bitcoin white paper
    Bitcoin is BSV and BTC (and every other fork of Bitcoin) is a Fake Bitcoin
    Do not buy the fake… only get the real deal, which is BSV and don't let anyone mislead you into thinking otherwise
    You can DYOR and study the Bitcoin system yourself, read the Bitcoin white paper, study it, and you will see BSV is the actual Bitcoin

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