hosted by Lee Cleasby
FYR038 Where Next for Bitcoin with Ronnie Moas
Ronnie Moas explains where he believes the price of Bitcoin will be in the next few years and his reasons why. Ronnie also shares his thought on the S&P500 and at what levels he would be happy to start buying companies on sale again. Ronnie explains when he uses ETF’s and why they can be a good strategy to use when it is not so easy to pick the winners from a sector.
Ronnie is the founder of standpoint research and has ranked one of the top-ranking stock pickers on Tip-ranks against more than 3,500 analysts for his 2008-2017 performance, which covers more than 500 recommendations he has issued since 2008, and Since 2004. Ronnie beat the S&P-500 by at least 500 bps with 66% of his recommendations.
Ronnie became interested in cryptocurrencies in July of 2017 when Bitcoin was trading around $2,500, Ronnie set a price target of $50,000 for 2027 in his newsletter which bitcoin reached by 2021. Ronnie Moas believes Bitcoin can still go a lot higher from where it is now.
Fund Your Retirement is an investment research and online financial media publisher sharing strategies and insights about finance, the markets, and the many different solutions for funding your long-term retirement, by showcasing experts in the field of finance and wealth-building strategies.
0:00 to 1:20 Introduction
1:21 to 2:41 How Ronnie got started in the investment world
2:42 to 5:00 The similarities of the dot com bubble to the altcoin space.
5:01 to 11:21 Ronnies Bitcoin price prediction
11:22 to 15:50 Bitcoin as a digital store of wealth vs a payment system
15:51 to 17:44 Regulating the crypto space
17:45 to 19:22 When the intuitions step into Bitcoin at volume
19:21 to 22:14 Ronnies thoughts on Ethereum and Dogecoin
22:45 to 26:01 Money printing and the stock market
26:02 to 29:20 How Ronnie Moas uses ETF’s
29:21 to 32:10 Ronnies big takeaway for the audience don’t invest what you can’t afford to lose.
32:11 to 33:29 How you can learn more about Ronnie and wrap up.
Hope you enjoy and have a wonderful day.
The FYR team.
Disclaimer: This presentation is for educational purposes only. All opinions and information are for demonstrational purposes and do not constitute investment advice. Trading and investing carries a high level of risk and are not right for everyone. If you need financial advice, consult with a regulated financial adviser in your country before making any decisions.