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19 April 2021

Financial Guru Dave Ramsey Advises What to Do With Bitcoin Investments – Finance Bitcoin News

Financial Guru Dave Ramsey Advises What to Do With Bitcoin Investments – Finance Bitcoin News


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Financial Guru Dave Ramsey Advises What to Do With Bitcoin Investments – Finance Bitcoin News.

Personal finance expert Dave Ramsey has given some advice on what to do with bitcoin investments.

Famous radio show host and best-selling author Dave Ramsey gave some advice about bitcoin on The Dave Ramsey Show last week.

Ray from Louisville, Kentucky, called into The Dave Ramsey Show to ask for advice about his bitcoin investment.

He added: “One of the things I want to do with it is obviously pay off the car but it’s not quite enough to pay off the house, so I guess my question is do I wait with this volatile asset or do I sell it and move into something more traditional?” While noting that over the course of 2020, his BTC investment rose 649% and “the expectations are that it could go even higher,” he said bitcoin “is a volatile asset” that “swings now every day.” He admitted: “I’m just nervous about keeping this large amount of cash in this volatile asset but still having to worry about a house that I’d like to pay off in the meantime.”.

The personal finance expert proceeded to tell Ray what he would do if he were in the same situation with a bitcoin account that had appreciated to $100K:.

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