Pathways To Wealth With Chris Dunn

In late 2013 I did my first-ever Bitcoin video that I asked, “Is Bitcoin a Good Investment?” Well, here we are almost 3 years later and I wanted to do some updated analysis. My initial thoughts on Bitcoin were positive, but in 2013 I saw significant risks and issued a warning that I thought a market crash was coming… And that was a very unpopular opinion in the Bitcoin community, but turned out to be right. During 2014, Bitcoin crashed from above $1,000 into the $200’s. Then, in 2015 Bitcoin’s price based around the $200’s where I started to accumulate for a long-term investment. I was buying in the $200’s because I was bullish on Bitcoin long-term and felt that the pre-bubble price zone was a great value area to buy. From the low’s of 2015, Bitcoin has gained about 400% as of mid-2016… And this has given rise to a plethora of positive new pieces from the mainstream media like CNBC and Forbes. So in this episode, we’re analyzing Bitcoin’s outlook into the second half of 2016 and beyond.