Stock Market VS Cryptocurrencies 2019 – Volatility, Risk, and Profits


it’s been a wild ride for the past few
days my portfolio has been up and down in the hundreds of dollars this is the
first time I’ve seen so much volatility in the stock market since 2018 which is
when I first started investing not only that but Bitcoin also hit eight thousand
dollars which is incredibly insane so what is better to invest in stocks
versus cryptocurrency welcome back to the channel my name is Bruce Wang I am
an investor in stocks and also cryptocurrency I mostly do all my
trading on their brokerage Robinhood if you guys want to check that out you can
use the links in the description I have everything in the links in the
description if you guys want to check out anything when it comes to my channel
so which is better to invest in cryptocurrency vs. stocks for the last
eight months or so I’ve been strictly investing only in stocks and prior to
investing in stocks I also invested in cryptocurrency my main holdings are just
a bit point and sum all coins so let’s jump right into the portfolio so I can
show you exactly what I’m talking about on Monday we experienced one of the
craziest sell offs in the fee past few months ever since I started investing in
stocks in 2018 it’s been the biggest sell-off that I’ve ever seen so
currently my rabbit portfolio is four thousand four hundred forty five dollars
I already invested my $100 for this week in my robinette challenges if you guys
are interested in the rapid challenge I’ll link I’ll link it in the card so
you guys can go check that out but but basically I invest $100 every single
week into my portfolio I’m up $100 on the day I’m very excited about that
because yesterday let’s take a look at the week chart I was down over $100 at
one point so basically I’m back to break-even since I was down $100
yesterday and that just goes to show you that you should not panic too much when
the stock market is so volatile and if you don’t really know what you want to
do when you see that much volatility most likely you should just not do
anything at all when it comes to investing in stocks or encrypted
currency don’t let your emotions get involved that is a pro tip because
because when you see a crazy sell-off you one of your first instincts
is probably you just want to sell everything in your portfolio off so you
don’t lose any more value of your portfolio but that is not a great idea
in my opinion so there’s a lot of people coming to my channel now asking me a lot
about dividends I just want to clear this out really quickly for anybody to
receive a dividend they have to hold the stock by the ex-dividend date you can go
on to like a Nasdaq com to find out all that information and when it comes to my
strategy personally I’m a buy and hold type of investor so I’m buying these
stocks I’m gonna be holding them for a long time and these stocks will be
paying me dividends over that time so looking through my pending dividends you
can see that let’s take a look at one of my bigger ones P SEC I hold I have 200
shares of P SEC and each month this stock is gonna pay me 6 cents for every
single share so that’s so that’s 12 dollars for this one stock this is a
special type of stock where it actually pays you out monthly a more standard
stock is Starbucks this stock is gonna be paying me 36 cents for every share
that I have and I have five shares so that’s one dollar and eighty cents so
everybody knows what Starbucks is this stock pays you dividends every so you
have to hold that stock for a decent amount of time for you guys to receive
any type of dividends and these dividends will go right into your
account after they’re paid out on their payout date so when it comes to
cryptocurrency Bitcoin just hit $8,000 I think it was just yesterday so there’s
been a ridiculous craze where everybody wants to start buying in because of FOMO
basically FOMO stands for fear of missing out this term basically means
that investors are fearful of missing out on the profits if they do not decide
to jump in on a buying Bitcoin at the moment if you’re deciding to invest
because of FOMO that is probably the number one way to lose money I don’t
recommend buying anything off of the fear of missing out this is not a good
strategy at all but you know I’ve had these feelings before I’ve also had
these feelings or in 2017 where we’re in 2017 I went
through the entire cryptocurrency craze where Bitcoin was that I bought in
Bitcoin when I was like at $4,000 I wrote up the price all the way to like
18,000 to that $20,000 and it would have been smart of me to you know take
profits at 18,000 but I didn’t take profits as much as I wanted to and I
also held throughout 2018 to where Bitcoin went all the way back down to
you know four thousand three thousand dollars so I’ve seen it all when it
comes to cryptocurrency and I feel like we’re gonna be going through something
very similar again I’m not sure if Bitcoin will hit twenty thousand dollars
again but I don’t think that cryptocurrency and Bitcoin is a great
long-term strategy just because I’ve seen that in crypto there is a lot of
scams there’s a lot of pricing manipulation when it comes to some of
the crypto exchanges and yeah and the price fluctuation and volatility is just
it’s just too risky for me at the moment I’m like you know I’m 30 I’m over 30
years old and I don’t want to see this type of volatility when it comes to my
investments I don’t want my investments to go up and down ten ten percent on a
get on any given day and that is why I don’t invest in cryptocurrency anymore
but that doesn’t mean that I don’t still hold on to my cryptocurrency one thing
that I’m considering and it’s probably a really good idea is that I’ll be taking
profits whenever Bitcoin hits all these milestones like 8,000 9,000 10,000 I’ll
probably just start to sell off some of my cryptocurrency holdings this is very
similar to dollar cost averaging you can dollar cost average your way down and
you can dollar cost average your way up I don’t know if there is another term
for dollar cost averaging on the selling side but I will be taking profits
whenever I can so if there’s anybody out there that’s on the fence for wanting to
invest into Bitcoin and cryptocurrency in general I would say that just be very
careful if you decide to do it because crypto is the most of all
acet out there and you can lose a lot of money if you decide to invest encrypts
it right now if you’re the type of investor that doesn’t really like risk
and it’s like closer to retiring or closer to reaching these like financial
retirement goals cryptocurrency is not gonna be for you so I want to show you
guys some proof that I I am also invested into cryptocurrency right now
I’m showing you the by Nance app and if you can take a look here my portfolio is
worth like over $9,000 now and if you guys saw this portfolio like one month
ago or two months ago this was a very depressing portfolio to look at it was
probably under like four or five thousand dollars but because of the new
price action my portfolio now is worth over $9,000 and like I was trying to say
about my cryptocurrency strategy I’ll be taking profits every time
Bitcoin hits these milestones 8,000 9,000 10,000 this is probably the
easiest way for me to make some money when it comes to my Bitcoin because
because honestly I’ve stopped trading when it comes to Bitcoin sense since
2018 when it comes to stocks and cryptocurrency things can on a
day-to-day basis things will get volatile you can see like one or two
percent drops in stocks and you can see 10 percent to 20 percent drops in a
cryptocurrency and if you and if you’re able to control your emotions and not
panic cells during that time you’ll be able to not lose a lot of money and that
also goes for a lot of investments like stocks or real estate or even
cryptocurrency as well you guys do not want to fall into those types of
investments if that asset is above market value or if it’s like very
overpriced just don’t buy it you rather buy an asset on a good deal than fomo
into that asset let’s answer some of the common questions that I get from my
youtube channel let’s go with this one and I get a lot of questions when it
comes to Bitcoin mining cryptocurrency mining so I just want to set this
straight cryptocurrency and Bitcoin is still not profitable to mine even at
$8,000 I don’t know how to make you guys understand that it is not worth the
it is not worth the binding mining equipment you have to be in a very rare
situation where this actually works out for you and that situation is that you
have free electricity and 99% of the people out there do not have free
electricity so just don’t waste your time and don’t waste your money buying
equipment to start mining Bitcoin because the price is going up just to
$8,000 so this last question is not really a question but I always get asked
about my clothes that I wear right now I’m not wearing a NASA shirt but
whenever I do wear my NASA shirt everyone’s always wondering why am i
wearing it I wish that I was actually working for NASA but no I’m not an
astronaut or anything like that I just love space exploration and I just want
to show my support from them I bought these I bought these sweaters
from this company called far fetch NASA does not sponsor the channel but but if
you guys do want to sponsor the channel I’m open for it just let me know if you
guys are still interested in more content about the robert investment
challenge you guys can check out this video here and if you guys are
interested in m1 finance where i also do a lot of my dividend investing you guys
can check out that video here and if you’ve enjoyed the video don’t forget to
like and subscribe to the channel i’ll come out with three videos every week
i’ll catch you guys on the next one I love you 3000 bye

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