Why I’m Not Buying More Bitcoin As A Millionaire

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This is Why I’m Not Buying More Bitcoin As A Millionaire.
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00:00 Intro
01:14 Why I Am Not Buying
04:48 Who Should Buy
06:37 Who Should Not Buy

#bitcoin #crypto #investing
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Disclaimer
Everything expressed here is my opinion and not official investment advice – please do your own research before risking your own money. Lark Davis (The Crypto Lark and affiliated brand Wealth Mastery) is not providing you individually tailored investment advice. Nor is Lark Davis registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. The material provided is for educational purposes only. Lark Davis is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.

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  • @hesamatias6693 says:

    im happy with low risk 3-10x reward

  • @ThePandaGuitar says:

    you’re 100% correct but the majority people will not outperform bitcoin trading altcoins

    • @Pastfacemusic says:

      Correct. I lost would could have been $30k trading alts. Meaning while if I would have just DCA’d all this money into BTC I would have been rich by now.

  • @FiatIsTheft54 says:

    I just want to pay off my house and officially be debt free.

  • @Thesilverrat says:

    Lark wrecking your life, don’t listen to him and just buy BTC.

  • @Casualgaming93371 says:

    Here’s to us average guys getting in here to be debt free hopefully by the end of this cycle💪🏻💪🏻💪🏻

  • @Do_the_Dishes says:

    Sorry Lark, only bitcoin for me. Piss on sorting through all the thousands of alts. There is no second best.

  • @joannemeeks745 says:

    Lark, you are so wrong. In the long-term, the demand from nation states for an asset with a tight supply will send the price extremely high. Blackrock and Fidelity wouldn’t be in it otherwise.

    • @as7466 says:

      The definition of ‘rich’ is very subjective. To someone making $100k in the crypto market might consider themselves rich at that point. While on the other hand someone making $1M would then give themselves that label, and so on and so forth. Lark is simply saying that the ‘yacht and no worries rich’ is something that the altcoins may have a better chance of achieving as compared to bitcoin. Unless you own about 10 bitcoin at minimal and it reaches $1M one day, then my personal definition of having $10M would be considered ‘rich’.

    • @johnbravo1034 says:

      @@as7466same here. Lark obviously has well over $1 million so his outlook is much different than mine.

    • @lincolnquinn8685 says:

      Yes, but the higher Bitcoin rises, the more profits are rotated into Alt coins causing massive price bubbles. Higher risk, along with higher potential profit

    • @philcarstens says:

      So what is he “wrong” about? He even said the super bull case would be a 10x or 500k which is highly unlikely. His main point is if you are in this market to make life changing wealth, then BTC isn’t the play. If you think he’s wrong about that then I hope you’re satisfied with the 3x or 4x gains you’re likely to get with BTC.

    • @joez6798 says:

      He’s only taking about this cycle guys….

  • @rich3222 says:

    If you save 100,000 dollars and make a 3x on 3 bitcoin cycles you have a million.Messing aroubd with alt coins is like playing the lottery, you will hear from those who put in 10k and got lucky most don’t and many youtubers lie about thier wealth.

    • @NWforager says:

      i mean you could very likely do the same in Stonks tho with that much time and money .
      majority of folks in the world need the alt space to just be able to get some btc

    • @markbunn8576 says:

      Most people are starting with less than 10k. It would take 20+ years to make a million with BTC only. With altcoins it could be done in 2 or 3 cycles.

    • @getstuffexplained says:

      @@markbunn8576 yes or you could lose all with those altcoins. If there is more money in shorter time = the bigger risk it is.

  • @gabrielacruzcruz4510 says:

    Dull Bull is listing in a few days 🔥

  • @Mr_I_Eat_Your_Doritos says:

    Imagine thinking an asset that has tripled in value in the last year can’t make you rich. Traditional investors wait 7 years to see their investment double.

  • @rickyd1180 says:

    Not into the messaging here, I think the theme of last cycle was get rich. This time around people are looking to get out of fiat and stay afloat. 3x gains are great!

    • @_TheCryptoLark1 says:

      Spot on, have you claimed your flare airdrop to double holdings and prepare for the next bull run? Or don’t know how to go about it?

  • @KevinRobertoVargaschaves says:

    That’s a solid list! I’m also big on AMS64K , avalanche, algo, and matic too.

  • @JeremiasMartinez-mu4ec says:

    If you are holding AMS64K and XRP ready for 20-50x

  • @Moralesmethod says:

    so the next question is, how do you identify those altcoins that will moon?

  • @DiegoHernandezHernandez-xp8cg says:

    AMS64K is a sleeping giant, buy while it’s still under $10. I expect this to at least 5X from its current position easily.

  • @jonatanmedrano7592 says:

    Just swapped all of my last ETH and swapped it into AMS64K. Already up a little bit. Unfortunately I have some other junk staked which won’t free up for a while. Still now I am on the train!

  • @gustavocervantes4156 says:

    I guess I am ultra risk lover. Even though I don’t hold meme coins, I only hold AMS64K and ETH . Fingers crossed 🤞 🤞

  • @Orangedudee says:

    Thanks for the update Lark, I’d suggest everyone holds there coin and doesn’t get scared by the media!

  • @EthereumTrader says:

    great information my friend! keep it up!

  • @AndersonJohn-on9mj says:

    Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last month 2024

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