When will it be too late to invest in Bitcoin?
When will it be too late to invest in Bitcoin?

About the latest episode of Cointelegraph market talksHost Ray Salmond interviews Luke Broyles, popular Bitcoin (BTC) advocate and author on YouTube and X (formerly Twitter) content creators. During the show, Breuyles laid out his bitcoin investing thesis, as well as his unique perspective on how the asset’s price could eventually rise into seven-figure territory.

By 2020, Broyles said, he realized the bond market had crashed. While looking for alternative investments, he found Bitcoin to be a good option. When asked about his bitcoin investment strategy and how he tolerates volatility, Broyles said:

“I don’t own bonds. I’ve sold 97% of my stocks over the past three years, and I actually sold the last 3% of my stocks this week, so it’s funny you ask. By the end of the week, I’ll own The only three assets will be the dollar, aka cash, the best political currency in the world; second, real estate; and third, bitcoin. That’s it. Right now I sleep better than a diversified portfolio.”

Everything is overpriced and should break down

Another key factor supporting Broyers’ bitcoin investment thesis is his belief: “Everything is overvalued, it doesn’t make sense, everything should collapse; however, we don’t want to deal with it. Politicians don’t want to deal with this . Lawyers don’t want to deal with this. As a real estate investor, I don’t want to deal with this.” Stocks, health care, real estate and education industries are highly overvalued, Breuers argues, so people’s appreciation for the dollar and its dollar purchasing power Loss of confidence — this underscores Bitcoin’s appeal as a supply-constrained asset.

“If we have credit easing, of course we profit from that.”

related: The Future of BTC Mining and the Bitcoin Halving

When is it too late to invest in Bitcoin?

Asked if there was a particular price at which it was “too late” for investors to consider buying Bitcoin, Breuyles used the analogy of a sinking ship and suggested that for those on board, It’s never too late to quit.

“It’s never too late to buy bitcoin, but it’s too late to get out of bonds and out of fiat currencies.”

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