I thought the comment of converting your profits from crypto in to gold is a great idea, but in hind sight it is aobvious thing to do! I have owned xrp since 2020 which has 10x but I still think of it as monopoly money. I have been buying gold, silver etfs and a mining share, forfilling my ISA for about the same period of time. The shares are up 40, 20 and 15% approx respectively but there is not tax liability on my ISA's and I can sell them and release the money in minuets.
I purchased about 800 GBTC ETF when Fidelity offered Greyscale in 2022. It has 2 X to date. I'm now trading 25% of my Fidelity 401k balance into more Greyscale GBTC. I'm 62 and will reap huge profits when I retire in 2-3 years. It's WIN WIN WIN! 🚀
I agree with Andy. I have never seen why the argument between gold and bitcoin. I like both. In fact I think a 50% gold 50% bitcoin investment is the way to go.
He lost the plot at 12:50 "Take chips and put them into hard assets." Bro. What do you suppose is the hardest asset? THE ONE WITH A FIXED SUPPLY Another Schif following gold bug stuck in a narrative from 30 years ago
This guy is definitely a gold bag holder, defending his investment without an open mind at all. Bad guest Paul. Evan Aldo level quality. I won't watch anymore. Didn't finish.
DOGE, if successful is just the start to demonstrate to Americans that it is possible to shrink government. Once they see that they will then require it on going so from admin to admin cutting will be a political promise and will play a role in getting elected
I guarantee that this time next year, Andy will be discussing with Paul how Bitcoin is on pace to replace gold as the reserve currency as governments increase their Bitcoin holdings
It's not silly, the government has a better chance of growing wealth when buying BTC over Gold. The beautiful thing is we can buy up massive amounts of BTC at the Government level, and still be relevant in Gold investment. We in the USA can do both. Just lean a little more towards BTC
Andy is just not on the Resolution Mindset, he is kind of not being sensitive about the hyper inflationary issue. He's just riding the tide and more afraid of taking risks because he can ride the tide he does not really care. That's the difference between him and Saylor. Obviously the shift towards cryptocurrency and blockchain has already begun. He is still in the denial stage, while the world is already shifting.
Ripple is just marketing...nothing will come from it...ever. just keeping you stuck in a hope that will bring dissapointment. Please learn history and diversify .
He forgets El Salvador just found trillions of dollars worth of gold? I’m not sure when they are going to find another supply of btc . It is thee hardest asset created by man.
Hey Andy, where is the $3000 gold price you've touted. Maybe you shouldn't make projections. I'm moving over to Alistair Macloed, who knows what he's talking about...
Sell btc and buy gold? Uhhhh yeahhh. This dudes opinions just blew themselves up in the face with a shotgun with thst comment. And heres where i stop listening. Yikes..
We all know the BTC bull market is a bubble, most of us anyway! To sell crypto at the top of the bull market and then park your profits into precious metals is a solid investment strategy
@popasmurf6834 Not into gold lmao. Its better to just buy the bottom of the btc bear market. It isnt a bubble, it just corrects after the parabolic moves.
@@christopherkeith6503 that's the definition of a bubble. Btw, having its value divided by 4 is a little more than a correction There are 4 years in between parabolic bull markets. Gold is a hedge against inflation Everybody is laughing at the mention of gold...until it starts going up.
Very intelligent conversation
Great podcast, Andy Schectman is a very smart cookie, thanks for this one Paul Barron
I’m not a gold guy but I listen to what Andy has to say..
I thought the comment of converting your profits from crypto in to gold is a great idea, but in hind sight it is aobvious thing to do!
I have owned xrp since 2020 which has 10x but I still think of it as monopoly money.
I have been buying gold, silver etfs and a mining share, forfilling my ISA for about the same period of time. The shares are up 40, 20 and 15% approx respectively but there is not tax liability on my ISA's and I can sell them and release the money in minuets.
Awesome conversation. He was wrong about Saylor borrowing on Margin, he is using unsecured debt...
Great show!
I purchased about 800 GBTC ETF when Fidelity offered Greyscale in 2022. It has 2 X to date. I'm now trading 25% of my Fidelity 401k balance into more Greyscale GBTC. I'm 62 and will reap huge profits when I retire in 2-3 years. It's WIN WIN WIN! 🚀
This guy makes sense. He's not telling Pie in the Sky. Just the hard assets and the facts man
I agree with Andy. I have never seen why the argument between gold and bitcoin. I like both. In fact I think a 50% gold 50% bitcoin investment is the way to go.
Hi Paul this Gentleman looks just like you 👊and speaks so well just like you.
God Bless you Both 🙏
Go XRP👏👏👏👏👏
I own Gold and Bitcoin, I look at them both as insurance policies.
Not just for the economy, but also each other.
He lost the plot at 12:50
"Take chips and put them into hard assets."
Bro. What do you suppose is the hardest asset?
THE ONE WITH A FIXED SUPPLY
Another Schif following gold bug stuck in a narrative from 30 years ago
This guy is definitely a gold bag holder, defending his investment without an open mind at all.
Bad guest Paul.
Evan Aldo level quality.
I won't watch anymore. Didn't finish.
Thanks Andy, more btc for us. I mean you can't even hold it! It has no intrinsic value! And it's bad for the environment.
Bitcoin is King 🤴
DOGE, if successful is just the start to demonstrate to Americans that it is possible to shrink government. Once they see that they will then require it on going so from admin to admin cutting will be a political promise and will play a role in getting elected
Is it just me or does Andy and Paul look like identical twins😂
lol I thought the same.
Both members of the same tribe - they are easy to spot once you start noticing
I don’t know what they doing, but what I’m doing is following the money 💰
bitcoin and gold but not silver? This guy was shoutimg from the rooftops about silver.
What's the ideal strategy to take advantage of the current crypto bull market
As a novice, it's vital to have a mentor for accountability. I'm being advice by a reputable crypto consultant.
She goes by Kathy Tunner
Oh, do you happen to know her too? I'm proud to say I've also benefited from her platform
@KathyTunner1 ✌️.....that's it
And please do ensure she's VERIFIED!!! As there are many Impersonators out there.
I guarantee that this time next year, Andy will be discussing with Paul how Bitcoin is on pace to replace gold as the reserve currency as governments increase their Bitcoin holdings
It's not silly, the government has a better chance of growing wealth when buying BTC over Gold. The beautiful thing is we can buy up massive amounts of BTC at the Government level, and still be relevant in Gold investment. We in the USA can do both. Just lean a little more towards BTC
Andy is just not on the Resolution Mindset, he is kind of not being sensitive about the hyper inflationary issue. He's just riding the tide and more afraid of taking risks because he can ride the tide he does not really care. That's the difference between him and Saylor. Obviously the shift towards cryptocurrency and blockchain has already begun. He is still in the denial stage, while the world is already shifting.
Paul has a brother 😂 and hes just as smart.
6 trillion in fixed income while interest rates are dropping.
Andy get on the train
Ripple is just marketing...nothing will come from it...ever. just keeping you stuck in a hope that will bring dissapointment. Please learn history and diversify .
RIGHT ON TRACK!
Maybe Andy could talk to Peter Schiff about this "symbiotic relationship"...
He forgets El Salvador just found trillions of dollars worth of gold? I’m not sure when they are going to find another supply of btc . It is thee hardest asset created by man.
very smart man but he still needs to sell gold to you. he does not understand 21M BTC
you want all of the above ppl !! Crypto , Stocks , Gold , Silver , food , guns , and survival equipment lolol
You and Andy look like twins 😂
Every country buys gold, that's what I heard, but how do I know if it's true, how much do they have, if that gold pure, Noone can prove that
I think andy schecter was the skateboard kid?? 😅
8:45 Trump should re-value Gold to boost banks
Hey Andy, where is the $3000 gold price you've touted. Maybe you shouldn't make projections. I'm moving over to Alistair Macloed, who knows what he's talking about...
Yeaaaah. 1st here
nah. I was. I just had nothing to say in the comments before you decided to write something here.
🔥 new song called 🔥 crypto Christmas🎵 master mind DJ's🎶 on all streaming platforms 👍
Is that pauls dad?
No
So he suggests gold and XRP over Bitcoin? Yeah, he lost his credibility there
Another gold bug
Sell btc and buy gold? Uhhhh yeahhh. This dudes opinions just blew themselves up in the face with a shotgun with thst comment. And heres where i stop listening. Yikes..
We all know the BTC bull market is a bubble, most of us anyway!
To sell crypto at the top of the bull market and then park your profits into precious metals is a solid investment strategy
@popasmurf6834 Not into gold lmao. Its better to just buy the bottom of the btc bear market. It isnt a bubble, it just corrects after the parabolic moves.
@@christopherkeith6503 that's the definition of a bubble. Btw, having its value divided by 4 is a little more than a correction
There are 4 years in between parabolic bull markets. Gold is a hedge against inflation
Everybody is laughing at the mention of gold...until it starts going up.
You both look alike. Lol
4TH...
btc cannot even work offline or exist without electricity, unlike gold
LMAO shows how little u know. Do ur Research, ur Wrong as hell . 💀💀
Gold would never Survive without Electricity as well my Friend.
Bitcoin is and Will be the Future of a new Monetary System.
3rd here
2nd here
He looks like a liberal... talks like a liberal most likely a liberal. Dont ever bring this guy on... EVER.
4TH...