Chapter
The Reasons Some Investors Get Involved in Crypto; The Reality of Bitcoin Investments
05:37 - 12:08 (06:31)
The podcast discusses the reasons why some investors get involved in investing in cryptocurrencies like Bitcoin and the assumptions they make in doing so. It also touches on the reality of Bitcoin investments, especially in terms of its gains and losses.
Clips
The hosts reconnect after not seeing each other in person for about a year and a half due to the pandemic, and discuss their last encounter at a pre-COVID body contact festival.
05:37 - 06:26 (00:49)
Summary
The hosts reconnect after not seeing each other in person for about a year and a half due to the pandemic, and discuss their last encounter at a pre-COVID body contact festival.
ChapterThe Reasons Some Investors Get Involved in Crypto; The Reality of Bitcoin Investments
Episode#493: The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More
PodcastThe Tim Ferriss Show
In this podcast episode, Tim Ferriss and Kevin Rose discuss Bitcoin and Tim's recent excitement over its value increase.
06:26 - 07:29 (01:03)
Summary
In this podcast episode, Tim Ferriss and Kevin Rose discuss Bitcoin and Tim's recent excitement over its value increase. They explore the reasons behind Tim's interest in crypto and his approach to investing in Bitcoin.
ChapterThe Reasons Some Investors Get Involved in Crypto; The Reality of Bitcoin Investments
Episode#493: The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More
PodcastThe Tim Ferriss Show
The speaker invested in crypto as a hedge against a potential drop in the stock market and also because of peer pressure from people in his social circle.
07:29 - 10:28 (02:58)
Summary
The speaker invested in crypto as a hedge against a potential drop in the stock market and also because of peer pressure from people in his social circle. However, he ended up losing money during the 2017 crash, realizing that his initial assumptions about crypto were wrong.
ChapterThe Reasons Some Investors Get Involved in Crypto; The Reality of Bitcoin Investments
Episode#493: The Random Show — Bitcoin Pros and Cons, 2021 Resolutions, Fave Books, Lucid Dreaming, Couples Therapy, and More
PodcastThe Tim Ferriss Show
The recovery of crypto after the 2017 boom took a few months to reach pre-COVID levels, while gold took off immediately after COVID.
10:28 - 12:08 (01:39)
Summary
The recovery of crypto after the 2017 boom took a few months to reach pre-COVID levels, while gold took off immediately after COVID. The gains of Bitcoin were not as massive as those of other cryptos, and when stocks began to crater, they were called in by bankers to request their money back.