Strike CEO: Worst Thing Is Not Owning Enough Bitcoin

Strike CEO Jack Mallers joins to discuss the evolving role of Bitcoin under a new Trump administration. He joins Caroline Hyde to discuss on "Bloomberg Technology."
--------
Like this video? Subscribe to Bloomberg Technology on YouTube:
 
Watch the latest full episodes of "Bloomberg Technology" with Caroline Hyde and Ed Ludlow here:
 
Get the latest in tech from Silicon Valley and around the world here:
Connect with us on...
 
 
Listen to the daily Bloomberg Technology podcast here:
 
More from Bloomberg Business
Connect with us on...

[rahimkader]

The dollar is literally being destroyed / debased / devalued. The best performing asset in the history of the world is BITCOIN . BITCOIN is by far the best store of value. 10 years from now you’ll be thankful for every dollar you put into BITCOIN .

[philipfletch]

Never understood why people are reluctant to buy digital assets, You're getting paid to be invested in the market, It's similar to owning a rental property, You get paid (rent) to own it while the value of the asset appreciates (hopefully)..Passive income is king

[astonamartinez]

I want to start investing but don't know where to begin. Any helpful tips or contacts for guidance?

[Cryptoleak]

The current market/economy is unnecessarily tougher for bloomers/senior citizens. Over the years I was just buying and holding onto potential assets, which doesn’t seem applicable to the current rollercoaster market trend, plus inflation is catching up with my portfolio. I’m really worried about survival after retirement.

[AlexieAuer]

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 .This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.

[JustinaPals-xz]

Hello, I'm new to forex trade and I have been making huge losses but I recently see a lot of people earning from it. Can someone please tell me what i'm doing wrong

[VeronicaOlivers]

Okay, so I’ve finally got my emergency fund stacked at $145K (phew!) and now I’m ready to jump into this investing thing. But this dude talking about not owning enough Bitcoin being the worst thing ever? Seriously? Worst thing for me would be YOLOing into Bitcoin and losing my emergency fund in a crypto crash. But hey, maybe I’m too “old-school” with my index fund ideas. Where’s the cheat sheet for this game?

[TessieGarcia-sz]

Bitcoin hits 100k. What's the best way to profit from crypto investing?

[gorgealex]

Amazing video you've absolutely said it all. I've made a smart reinvestment, especially with some great guidance from a pro for a half year now, and it's been a game changer. I was able to reinvest my RMD strategically, and i'm now pulling in about $25k a week, despite doing very little trading myself. It's a nice cushion against financial stress. Best of luck with your RMD decisions!

[Brandonsteven]

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

[SteveKovachmac]

I realized that the secret to making a million is saving for a better investment. I invested 30k in crypto and made about $246k, but guess what? I put it all back and traded again and now I am rounding up close to a million.

[Danpron]

The massive surge in Bitcoin is stealing the spotlight as traditional markets face turbulence. Stocks are sliding, bond yields continue to climb, yet it seems the markets remain skeptical that the Federal Reserve will stick to its aggressive stance on raising interest rates to curb inflation. I'm at a crossroads with my $117k stock portfolio, wondering if it's time to cash out and

[MatthewChapman-px]

This time last year I considered crypto without much knowledge and decided to have a consultation with a fiduciary, and it was incredibly insightful. I got into the market with 15k, One year and a couple of months in, and I’m up with 550k. I truly cannot stress enough how helpful experts in this field are!

[thatbougeeguy]

For the Newbie if you are actually trading in the crypto space and you don't have a sound mentor. Then you are certainly going to get liquidated in 90% of your trades. Yeah that's sad truth. I remember when i just got into crypto back in 2019 but later in 2020 i ended up selling it because i have lost alot trading all by myself without a guide. Got back into crypto early in 2023 with $190k and I'm up with $732k in a short period of time.

[Peterl]

It's been quite a pump. But you know, with crypto, the big question is always when to take profits. What are your thoughts on that? I've been holding $250k worth of crypto since 2021 and seen it pump n dump

[ClaireMargaret]

Great video! I really do have a quick question. For someone with less than $10, 000 to invest, How would you recommend we enter the market? I am looking study some traders and copy their strategy rather than investing myself and losing money emotionally. Whats your take on this approach?

[torrancerolfson]

Great video! Well I'm so happy I made the best decisions by having a good investment, Recently I'm able to acquire my third house even at my age and I believe if things keep going well I would retire early

[Maverick]

With Trump's re-election, both US stocks and Bitcoin are seeing strong gains. I'm eyeing the potential for more market volatility, but Bitcoin's all-time high is interesting. With inflation and interest rates on the rise, I'm wondering if this is a good time to dive deeper into stocks or focus on crypto for diversification. Any thoughts on balancing both?

[MarcIverson]

Wow almost the whole damn comments section is absolute garbage scam threads.

[davidkeill]

Jack Mallers is, in the parlance of our times, The Man.