(Recorded on 01/18/22) Topics covered on this video coaching call In this special video, trading coach Jerry Robinson answers several member questions about investing, the Federal Reserve, real estate, and the economy. Included in this video: – A...
Segment 1: The Rise of Bitcoin
SEGMENT BEGINS AT 00:45
Trading coach Jerry Robinson shares with listeners some of his core cryptocurrency investing principles now that we are fully entrenched in another potentially boom-bust cycle in 2021.
- Bitcoin has gone from $10,000 to nearly $60,000 in the last six months
- Bitcoin prices moved according to boom-bust cycles in 2013 and 2017
- Is it too late to invest in cryptocurrencies?
- How we personally allocate our investable funds into cryptocurrencies
- Are you a new cryptocurrency investor? Learn much more with our “Bitcoin 101” video
- The Fed is providing legitimacy to Bitcoin by equating it to gold (a 6000-year old asset)
- Bitcoin is finite: There will only be 21 million Bitcoin mined… ever
- NOTE: Bitcoin and cryptocurrencies are much more speculative than gold
- Our 2025 Bitcoin price target: $275,000 (we issued this when Bitcoin was at $10,000)
- Institutions are starting to add Bitcoin to their balance sheet due to its finite supply
Segment 2: A Word of Encouragement
SEGMENT BEGINS AT 31:14
Trading coach Jerry Robinson shares a cherished jewel given to him from a new member.
Segment 3: The Final Word w/ Jerry Robinson
SEGMENT BEGINS AT 33:37
Jerry closes out today’s show with a reminder that when you focus upon helping other people, there’s a treasure to be found.