In this video, I’ll tell you what I think about the bitcoin crash and what to expect next and what to next. ( and should you sell)

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1. No one man should have all that power – Kanye West ( Elon musk quote)
– The idea is when one tweet can erase 270billion dollars
– And start a downturn trend taking bitcoin from almost 60 all the way down to 40k
– You should probably rethink what you’re investing into

Some People are Upset about the entire thing:
– They are calling Elon Musk a Scammer in a way because he made a lot of money but now he doesn’t support it as much ( although he did say, his not selling )
– Some people are saying crypto is minded with 75% of renewable energy so the tweet is nonsense
– And some people are just asking for their money back honestly

Here is my Take:
– Understand that what you doing is very similar to the dot com bubble, very similar to South investment and the tulip crisis
– So understand that if your going to put money into, that you can lose every single dollar
– Elon Musk is worth 146billion in imaginary money ( I’ll tell you why later) – so do you Elon musk investing 10% of net worth in this BTC ( probably not, the point is he is not going to get hurt: so use that same mindset for yourself )

2. Lock in your gain ( stop it with the paper gains- don’t be stupid, its like winning the lottery but never cashing out ) – stop acting rich real estate example

The Example:
– Currently, right now Real prices are going up and up, and people are making offers on properties without even seeing them
– On the other side, this means a lot of imaginary wealth for people that own real estate, where all of sudden their property is worth 20-30% extra during this market
– And now they think that they are rich, but they are not, until they lock in those gains by selling the real estate

My point is this:
– If you have all this money and all this gain in Bitcoin or DogeCoin
– Lock in your gains and exit ( if you want to leave some money behind okay)
– But there a saying for gamblers, once you won your money, start gambling with the house’s money

SO Elon Musk:
– Might be worth 146billion, but how much would he be worth if tesla gets a correction in the market
– AND remember just a few years ago he was worth 60% of that
– But I’ll tell you later what I really think Elon Musk is doing

3. Tiktoker follow the influencer
– Right now during 2021 its a lot like 1990s where anything with a dot com at the end of it, could be the next big thing, back then it was Microsoft and IBM
– So today guess what, every crypto could be the next big thing
– And a lot of influencers is getting behind it

I want to remind you of something ( Bernie Madoff, scammed a lot of celebrities and rich people )
– This means that just because the influencer that you follow on Instagram told you to invest in a new coin ( safe moon, labra or whatever they come up with next )
– Influences are pumping and dumping
– Be careful with this game

Tip: if your best way to make money is to hope a bigger idiot buys so you can sell, you got a problem.

4. Just because you made money doesn’t mean you are right ( its like gambling but thinking you have stills when you happen to win)

5. What I really think about Elon ( him and Bezos are very similar, they want to go space, and they use their business for capital to fuel that higher purpose they believe in )

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*Some of the links and other products that appear on this video are from companies in which Tommy Bryson will earn an affiliate commission or referral bonus. Tommy Bryson is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. I’m an Accountant but I’m not your Accountant, always review information with your Accountant/CPA and your Financial Advisor.

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