I have had a lot of questions from readers and subscribers at Freedominhours in regards to Bitcoin. A lot of them have said they are looking at investing in Bitcoin as they have seen the price rise of the last few months.
With Bitcoin rising to over $40 000 USD I have become very concerned. I believe Bitcoin is a bad investment and Bitcoin itself does not hold any real value.
I have done a Youtube video on why Bitcoin is a bad investment, you can see this video below:
Bitcoin is in a speculative bubble and I feel the price could drop substantially over the next few months. I don’t see any value in Bitcoin at all. Whilst the underlying technology Blockchain is something I could invest in with Bitcoin you are not buying that technology.
I will do future videos about how to best invest in businesses that own the Blockchain technology.
If you wish to make money fast I would suggest at having a look at one of our videos how to make money fast 7 ways. This will show you a number of ways you can start to build income without having to risk your money on Bitcoin and other speculative investments.
You can also view our podcast here:
