{"id":145286,"date":"2023-09-01T14:36:50","date_gmt":"2023-09-01T09:06:50","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=145286"},"modified":"2023-09-01T14:36:50","modified_gmt":"2023-09-01T09:06:50","slug":"when-will-it-be-too-late-to-invest-in-bitcoin-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/when-will-it-be-too-late-to-invest-in-bitcoin-crypto-news\/","title":{"rendered":"When will it be too late to invest in Bitcoin? – Crypto News"},"content":{"rendered":"
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On the latest episode of Cointelegraph\u2019s Market Talks<\/em>, host Ray Salmond<\/a> spoke with Luke Broyles, a popular Bitcoin (BTC<\/a>) advocate and content creator on YouTube and X (formerly Twitter). During the show, Broyles laid out his Bitcoin investment thesis and his unique perspectives on how the asset\u2019s price could eventually rise into seven-figure territory.<\/p>\n

Broyles said that in 2020, he realized the bond market was broken. While searching for alternative investments, he discovered Bitcoin as a sound option. When asked about his Bitcoin investment strategy<\/a>\u00a0and how he stomachs the volatility, Broyles said:\u00a0<\/p>\n

\u201cI do not own bonds. I have sold off 97% of my stocks over the past three years, and I\u2019m selling off the last 3% this week actually, so it\u2019s funny that you ask that. By the end of this week, the only three assets that I will own will be U.S. dollars, aka cash, the best political currency in the world; second, real estate; and third, Bitcoin. That\u2019s it. And I sleep better now than I did with a diversified portfolio.\u201d\u00a0<\/p><\/blockquote>\n

Everything is overpriced and should crash<\/h2>\n

Another key factor backing Broyles\u2019 Bitcoin investment thesis is his belief that \u201ceverything is overvalued, nothing makes sense, and everything should crash; however, we don\u2019t want to deal with it. Politicians don\u2019t want to deal with it. Lawyers don\u2019t want to deal with it. I, as a real estate investor, don\u2019t want to deal with it.\u201d Broyles believes that stocks, healthcare, real estate and the education industry are highly overvalued, so people are losing faith in the dollar and their dollar purchasing power \u2014 which highlights the allure of Bitcoin as a supply-capped asset.\u00a0<\/p>\n

\u201cIf we have a credit unwind, of course we\u2019re going to print ourselves out of it.\u201d\u00a0<\/p><\/blockquote>\n

Related: <\/em><\/strong>The future of BTC mining and the Bitcoin halving<\/em><\/strong><\/a><\/p>\n

When is it too late to invest in Bitcoin?\u00a0<\/h2>\n

When asked whether there is a particular price where it becomes \u201ctoo late\u201d for investors to consider buying Bitcoin, Broyles made the analogy of a sinking ship and suggested that for those on the boat, it\u2019s never too late to exit.\u00a0<\/p>\n

\u201cAt no point is it ever too late to buy Bitcoin, but it will be too late to exit bonds and to exit fiat.\u201d\u00a0<\/p><\/blockquote>\n

Listen to the full episode of Market Talks<\/em> on the new Cointelegraph Markets & Research YouTube channel<\/a>, and don\u2019t forget to click \u201cLike\u201d and \u201cSubscribe\u201d to keep up-to-date with all our latest content.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

On the latest episode of Cointelegraph\u2019s Market Talks, host Ray Salmond spoke with Luke Broyles, a popular Bitcoin (BTC) advocate and content creator on YouTube and X (formerly Twitter). During the show, Broyles laid out his Bitcoin investment thesis and his unique perspectives on how the asset\u2019s price could eventually rise into seven-figure territory. Broyles […]<\/p>\n","protected":false},"author":2,"featured_media":145287,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-145286","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/145286","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=145286"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/145286\/revisions"}],"predecessor-version":[{"id":145716,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/145286\/revisions\/145716"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/145287"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=145286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=145286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=145286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}