Dave Ramsey: Why Dogecoin and Bitcoin Are Stupid Investments

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[LoneWolf-ygmr]

That stupid investment made me $115k profit on a $600 investment 😎

[RifleReport]

Up 13k in doge. After dumping that 1, 400 dollar stimulus check into it. Now that’s what I call a stimulus.

[oveh.]

You don't have to bet your life savings on it Dave. Take a small portion of your money that you're ok with losing.

[trentmsteel]

it's risky but what isn't these days. Risk what you won't lose sleep over.

[kaw]

the risk i took from DOGE made me $100k.

[Rob--]

Old school- work hard, keep a steady job, save a little if you can.

New school- take grannys bday money, throw it in an alt coin and reserve a cyber truck.

[ororomonroe]

Dave Ramsey is great for personal budgeting advice. Not financial investment advice.

[theoldspiceguy]

You take a risk everyday when you get in your car and commute to work. Golden rule is to not invest anymore then you're willing to lose, always have a safety net you can rely on in case poop hits the fan, atleast that's my perspective.

[juniorj.]

My 1, 400 stimulus made me 21k already lol

[aaronmeives]

This title will age like milk on a hot summer pavement

[millennialsecularandauthri]

I made 4800 after spending 100 on it in 2014.

[stevenalcorn]

Turned 10k into 1.6m but Dave's right that wasn't a good investment. I should have put that 10k toward my mortgage

[mauricioarellano]

Everyone standing in the sidelines are gonna slap themselves in 10 years.

[Logan-khbi]

9000% return on my money when I bought in. I will never ever see return like that.

[midlifecrisis]

Dave is just salty he missed out. 😂😂😂

[WilburnGibson]

Crypto is risky as many would say but I think the actual risk in Crypto is not investing, buying the capitulation isn't a tough call, but it is a very tough call to figure out what to do aside holding. I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time

[LegDrop]

2:09

“You’re not gonna convince friends who are making a bunch of money that they’re stupid.”
- Dave Ramsey

[WestZ]

Ken’s answer is much more sensible than Dave’s. Good thing Dave didn’t try to use the same boomer answers he gave back then.

[Ryan_DeWitt]

They are just basically a high risk commodity. Nothing more, nothing less. Just because you don't understand something does not by default make it bad. That's called personal incredulity.

[texas]

Ken was scared to say what he really thinks. It’s not in the Dave Ramsey plan!