Harry Dent: Bitcoin, Ethereum to Crash; This Is the Crypto I’m Speculating With
In Part Two of his discussion with our Daniela Cambone, economist Harry Dent explains why he is avoiding bitcoin and gold right now— and reveals the one crypto he is tracking.
#gold #bitcoin #crypto
Check out Part One covering Dent's 40% market correction forecast:
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It is good to have him on as if you want to know what to expect next, you take the exact opposite of what Dent is saying and you are right there.
Same as Cramer system.
???? was thinking this exact thing
Bitcoin already had 2 big corrections, how many did Amazon have? One?
So the chances it goes to 0 again are slimmer now. But even if it goes down to 20k again, it would rise screaming up again
@Matthew Dagrosa u said it was the bottom of the bear market foo lol … and then it’s dropped over 50% lol …then u want to point out that it didn’t go to $20k lol …which it will most likely go there too…but regardless of it does or not that “ this is the bottom” was enough for me ? … if something can lose half of its vale a bottom and it’s the bottom then idk what bottom means lol
@Matthew Dagrosa lol … didn’t age well at all ?
@Jim Brown I disagree with you but we’ll see. I’m betting that we bottom again at 32K, and trend up throughout the summer
After listening to Harry, I went all in on Nigerian lottery tickets.
???
fair enough
@sugarplum1978 Like always. Why does anyone Ever invite him on?? He’s like a crazy SNL skit from the old days.
Lol!!! Like, what are we supposed to be investing in??? According to him, everything sucks.
I had to buy American Express travellers cheques to get a Visa for Nigeria, then while there NO NIGERIAN BANK would cash them . . .Joke . . . American Express refunded me when back home in UK . . .
*The amount of time we spend believing we can’t is more than enough time to learn how we can*
Obviously trading in bitcoin is as risky as possible that’s the reason you need to trade with a professional broker, I’m currently investing with Expert Mark and ever since I started he has never failed to deliver and to be honest I would say he’s the most sincere broker I have ever known
People will be kicking themselves in a few weeks if they miss the opportunity to buy bitcoin.
We admire the wealth of billionaires like Elon Musk, Bill Gates, Mark Zuckerberg etc. But ignore the risk they took to get their
The test for Cryptos is how well they hold up in a Crash.
Once this becomes clear the argument one way or another will be settled.
@Catalyst every asset recovered quickly what are u talking about
True say, we’ve had only a bit of an experiment in March 2020. The big difference here was Bitcoin recovered very quickly compared to other assets and outperformed them in the long haul including Gold. Even commodities like Gold crashed in the 2008 recession but the crash was nothing and Gold’s price rose sharply near the end of 08 to new ATHs. I reckon the same will happen when we see a proper crash and Bitcoin will crash and go parabolic like Gold. The only difference will be Gold’s parabolic rise will be a dwarf compared to Bitcoin’s.
@FunkMasterHEX XDDDDDDDD
We’ve already had this. Bitcoin was literally invented because of the 2008 crash, Bitcoin has already had huge 70%+ corrections and now that it’s becoming mainstream the dips are getting shorter.
Dent’s interview with Richard aHeart was amazing. Harry’s not above taking notes. Respect. Can’t get mad at making 40-60% annual returns while holding and controlling your own funds without a bank, exchange or company. Legit.
I can’t believe that I’m listening to part 2 with this guy.
It’s like driving past a car accident, you just have to look
I just hang around waiting for Chris Marcus to enlighten me again along with Andy from Miles Franklin. I like their thinking.
there are no good comedy these days
Harry Dent is smart and insightful. I agree 100% with him but he is wrong and so am I. Why?
Harry has called for the crash for YEARS and misses the point the market is artificially controlled.
He has correctly foreseen the demographic curve and waves but as Greenspan said, “We have a Printing Press”.
If you went to cash in 1980 you would have worthless fiat dollars. The market, housing, gold, silver etc are all up.
I expect a crash any day as I did 40 years ago with Harry. Stay off leverage and have gold, silver, stocks, and some fiat.
Listen to Harry … he is absolutely right. He is one of the best educated men out there. I would rather sell everything now and change it into us-bonds, USD, Swiss-Francs and NOR.
Waiting for the crash thats coming … beginning this month !!! Save you!
Dent is right about almost everything. Except the solution in an everything bubble. Which means the dollar also crashes. Why would I want bonds with 10% if the dollar gets taken down and replaced with something else? That’s why you keep 80% gold and 20% cash. Even if gold goes down at first… We still need some cash for everyday life. But I certainly don’t want anything connected to the dollar. It doesn’t make sense. But he’s right about the crash.
Harry seems to be ignoring the massive coming inflation and the ever growing Fed balance sheet.
Harry, you are really positive, however here is my problem; the severity about the bubbles depending on the crypto’s
I didn’t know it was comedy night at Stansberry. ?
4 trillion incoming in stimulus
Stansberry Research is hosting The Hunt’s Comedy Show!!! Hahahah
@Daniyoyo I tried to save you the trouble.
Unfortunately, I read your comment before I watched the video lmao ?.. I couldn’t shake the phrase lol
Great interview. Harry’s a definite contrarian, but has some great advice for covering your downside.
Great interview. Dents passion is compelling but I take issue with so many things he says.
Compared to all the other comments I’ve read here, I’d say you’re being too kind.
He said silver is going to $6-$8 per ounce, solid analysis Harry ? what planet does he call home
@J C yeah, with China, India, Russia and the rest of the central banks buying it up to prop up the fiat currencies throughout the world.
Yea with a %500 premium
Yep, he also said gold down to $1000 ? ? before it goes up
What does that guy smoke? Is this good?
There will never again be $10 silver… unless they chop three or four zeros from the US currency.
Harry Dent is a genius how does one get to setup an interview with him. He must have no time for interviews with the wealth of info he has to offer.
She is the best interviewer. She doesn’t interrupt or cut them off unless she needs to make a point to her question.
@Chavez586 oh yesss.
World champion.
She’s hott
Yes, I really appreciate her calm and mannered way, giving people room to develop their thoughts. Also, she is subtly leading the interviews. And she is easy to look at.
A week later Harry is proven spot on. However, let’s not forget his gold outlook in 2018-2019 he priced to be dead wrong. He has been calling a gold crash for years…I’m all in on SHIBA INU
You’re going to get wrecked with meme coins.
Harry is so good. Tell’s it like it is.