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The Truth About The 2021 Bitcoin CRASH

Posted on March 13, 2022March 5, 2022 By Kelly Donner 80 Comments on The Truth About The 2021 Bitcoin CRASH

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The Truth About The 2021 Bitcoin CRASH
0:00 – Video starts
3:22 – What is a cryptocurrency crash
4:30 – Elon Musk’s influence on Bitcoin
7:00 – The benefits of blockchain
8:10 – How cryptocurrency makes transferring money cheaper
10:00 – The network effect

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Video host: Jaspreet Singh

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DISCLAIMER CONT'D: I'm just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.

Bitcoin Tags:Bitcoin, bitcoin crash, bitcoin investment, Bitcoin Price, blockchain, buy bitcoin, crypto, Cryptocurrency, cryptocurrency crash, cryptocurrency explained, cryptocurrency for beginners, Cryptocurrency investing, financial education, financial literacy, how to buy bitcoin, invest in bitcoin, invest in crypto, investing in bitcoin, jaspreet singh, minority mindset, minority123, minoritymindset, rethink rich

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Comments (80) on “The Truth About The 2021 Bitcoin CRASH”

  1. Criticline says:
    June 11, 2021 at 6:37 am

    People like me from the 2018 crash are just sitting here wondering wtf you guys are complaining about. This is nothing compared to the 90% losses we took in 2018.

    1. Tamara Ann Moodley says:
      June 11, 2021 at 6:52 am

      Exactly…

    2. gamingking1 says:
      June 11, 2021 at 6:52 am

      Yea. Every bit of crypto I bought back then is still up 50-100%. HODL

    3. Poli_Z Gaming says:
      June 11, 2021 at 9:12 am

      Dont trust the economic financial big boys on cable or mainstream trying to make us sell all are crypto to devalue, we learned that the hard way in 2008.

    4. Criticline says:
      June 11, 2021 at 9:14 am

      @Poli_Z Gaming Bro. I’ve been in crypto since 2016. I see a lot of stuff like this. And I have a sense of what is real and what is salesmen being salesmen.

  2. *RoseInHarlem* says:
    June 11, 2021 at 6:43 am

    I’ve been saying some of the same things. I find myself extremely frustrated with the govt involvement .. also once Janet Yellen came in and said what she said. I knew it was gonna be a wrap on cc.

    1. Doc Cholo says:
      June 11, 2021 at 8:44 am

      Yellen has been a menace to the crypto community lol. But I hear ya

    2. Rool Skool says:
      June 11, 2021 at 10:20 am

      People miss the point of crypto. They focus on this will make me rich. The point of crypto is freedom. It’s open to everyone. That means people in the poorest parts of the world that’s locked out of the financial system now can be a part of the global financial system

    3. Cisium says:
      June 11, 2021 at 10:27 am

      In the long run, government meddling in crypto is good for crypto. Meddling leads to regulation – and what governments regulate, they legitimize.

  3. Casey Burns Investing says:
    June 11, 2021 at 6:44 am

    This volatility is nothing new for people have been in the space for a while.

    1. Ryan Abalos says:
      June 11, 2021 at 10:07 pm

      @Mike Betts stay with tether then

    2. Zed Zed says:
      June 12, 2021 at 5:28 pm

      @Mike Betts yes, it’s so volatile, from its 2017 high of $20,000 to a huge crash to $30,000 now. O what will we do with a 50% increase in value huge crash!

    3. Harry Randhawa says:
      June 13, 2021 at 6:56 am

      @Mike Betts lol give it time , it’s becoming alternative for all the world currencies, it will take time , it’s around for 13-14 years only nothing in comparison to money or gold timeline , it’s just like internet, many people thought it will fail , have no use when it was just starting

    4. Harry Randhawa says:
      June 13, 2021 at 6:58 am

      @Casey Burns Investing due to people like it has this much volatility, speculator with diamond hand 💁

    5. Mike Betts says:
      June 13, 2021 at 7:55 am

      @Harry Randhawa It may or may not become an alternative to world currencies in the future, but it certainly is not right now and is not showing any signs that it will. Sovereign states are not at all likely to give up their ability to control their currencies. Also, a currency needs to be stable in order to function.

  4. Austin Hilton says:
    June 11, 2021 at 6:46 am

    I think the 2020 pandemic has taught a lot of people the importance of multiple streams of income,unfortunately having a job doesn’t mean security…no rich man or woman made it through salary,investing now will be wise

    1. Humphreys Yañg says:
      June 11, 2021 at 6:48 am

      Despite all the economic crisis this is the right time to start up an investment

    2. Pinnedby Lou vs Wal Streëts says:
      June 11, 2021 at 6:48 am

      I wanted to trade crypto but got confused by the fluctuations in price

    3. Tiago Silva says:
      June 11, 2021 at 7:12 am

      where the rest of the bots at

    4. Kevin Dudson says:
      June 11, 2021 at 9:38 am

      @Tiago Silva Good question.

    5. Photik says:
      June 22, 2021 at 1:40 am

      @Pinnedby Lou vs Wal Streëts I have a crypto course I can share with you to understand fundamentals and technical analysis and much more.

  5. Spark Says says:
    June 11, 2021 at 6:49 am

    For you, Jaspreet,. . I’ll stomp that “like button”!😅👍🏾

    1. xxdrewxx says:
      June 11, 2021 at 9:29 am

      Don’t do it my screen cracked 🙃 😆 😂

    2. Spark Says says:
      June 11, 2021 at 9:39 am

      @xxdrewxx 😂

    3. Flying S. Monster says:
      June 12, 2021 at 8:31 am

      @xxdrewxx too late. I needed a new phone just to finish watching the video and get mad at OP 🤬

  6. Minority Mindset says:
    June 11, 2021 at 7:16 am

    Thank you for watching! If you enjoyed this video, you should watch – 4 Things That Will Make You Wealthy: https://youtu.be/HJ63izXtXwI

    1. Ed Lozano says:
      June 11, 2021 at 2:48 pm

      Anonymous threatened Elon

    2. WTF Fake News says:
      June 11, 2021 at 3:28 pm

      Someone in your amin is trying to scam, just wanted to warn you

    3. CRMXL says:
      June 11, 2021 at 5:42 pm

      You need to add guac talk to your about section on youtube.

    4. stock manager says:
      June 12, 2021 at 7:50 am

      Contextlogic Inc to 200$

  7. Gamer Ji-Li says:
    June 11, 2021 at 7:31 am

    Buying the dip <3 I'm all for long term investments anyways ❤

    1. C O says:
      June 12, 2021 at 11:48 am

      dip? 30k is not a dip. that’s how they get the sheep.

    2. Gamer Ji-Li says:
      June 12, 2021 at 11:53 am

      @C O it was below 30k last year so overall its still growing quite a lot. Short term changes are quite diff from long term ones.

    3. Harry Randhawa says:
      June 13, 2021 at 7:12 am

      @C O then what will you say ? Crash ? Either way it’s great time to buy , if it goes below just do DCA , and in year or 2 you will be in profit you will never have got in any other asset

    4. Photik says:
      June 22, 2021 at 1:44 am

      DCA. And HODL if you believe in the tech behind the coins you’re investing in.

  8. Kris Gee says:
    June 11, 2021 at 7:47 am

    Power is never given up without a fight.

    1. Cisium says:
      June 11, 2021 at 10:33 am

      Power is never given up – it’s sold off. Government regulators always end up being controlled by the industries they presume to regulate. The financial industry is awash in regulations, but does anyone think politicians control the banks? No – if anything it’s the other way round.

  9. D. Wilson says:
    June 11, 2021 at 8:35 am

    Fantastic way of describing many these concepts easy for people who don’t live in the world of blockchain and Cryptocurrency. It’s the way of the future. Smart contracts, Defi, and bankless banks are absolutely important and will add value to lives.

    1. PontiacMadeDDG VL0GS says:
      June 11, 2021 at 8:51 am

      Thanks for watching,
      Do you really wanna make Profit within 3hrs
      Well you can get started

    2. Cisium says:
      June 11, 2021 at 10:50 am

      @PontiacMadeDDG VL0GS No, I don’t. What I do really wanna do is not read bot posts anymore.

  10. David Metz says:
    June 11, 2021 at 10:02 am

    JPMorgan “the crypto crash isn’t over yet” translation “hurry sell off your crypto so we can buy it on the cheap.”

    1. gmc9753 says:
      June 11, 2021 at 10:57 am

      Just what a giant corporation wants — an “asset” that goes up or down over 10% in a month and has no underlying value.

    2. Spy vs Spy says:
      June 11, 2021 at 1:19 pm

      Sure… 😂

    3. Victor Villegas says:
      June 11, 2021 at 3:41 pm

      ) mo

    4. Harry Randhawa says:
      June 13, 2021 at 6:48 am

      @gmc9753 gaint corporations have larger timeframes

  11. Bobby Toombs says:
    June 11, 2021 at 10:22 am

    Cracks me up how everyone uses the term crash… keeps everyone nice and emotional🤯

    1. Cisium says:
      June 11, 2021 at 10:48 am

      I never understood this either. Imagine if the airline industry used the word “crash” every time a plane lost 25% percent of its altitude in turbulence.

    2. NAI ANI says:
      June 11, 2021 at 11:52 am

      I was about to ask what crash?

    3. Mars says:
      June 11, 2021 at 5:10 pm

      @Cisium a plane losing 25% of its altitude during turbulence would be life threatening. But your point is taken

    4. C O says:
      June 12, 2021 at 11:14 am

      the same goes for the people that use the terms boom, surge, spike. everyone nice and emotional🤯

    5. Sdizzle562 GMAL says:
      June 13, 2021 at 3:11 pm

      Yea it’s almost lik instigating fear lol

  12. Demetrice Carter says:
    June 11, 2021 at 11:03 am

    “Banks make money when you go there and send money through these slow and inefficient processes, because that’s how they get to skin you alive 😂😂👍

  13. Man Thing says:
    June 11, 2021 at 2:41 pm

    I’ve been in crypto since 2013, I converted to a precious metal guy. Crypto has its place but you can not beat the fundamentals of gold / silver.

    1. Admin.. says:
      June 11, 2021 at 3:05 pm

      ••🅦..🅗..🅐..🅣..🅢…🅐..🅟..🅟••

    2. Admin.. says:
      June 11, 2021 at 3:06 pm

      **Plus. One. Five. Zero. Two. Two. Three. Zero. Eight. Three. Zero. Three. ☎️

    3. Photik says:
      June 22, 2021 at 1:43 am

      Can you explain more about precious metals? Had a friend who was really invested in silver then got into stocks and crypto instead.

  14. derickpnw says:
    June 12, 2021 at 2:59 pm

    This Gentleman is one of the best educators of finance on YouTube!

  15. Wendy Eichelhardt says:
    June 12, 2021 at 3:58 pm

    Thank God for you sir bless your family because you’re the one I wish I can rely on for the truth

  16. Smith says:
    June 12, 2021 at 4:56 pm

    When I got the actual fact about salaries was during the lockdown. Salaries don’t make you rich. I went into Trading just last year I say I bought my first house in the beginning of the year. Then realised I wasted a lot of time

    1. Huff Daniel says:
      June 12, 2021 at 5:02 pm

      Started trading stocks last year and my story hasn’t been great, lost nearly $20k in investment. Just had to take a few steps backwards.

    2. Huff Daniel says:
      June 12, 2021 at 5:03 pm

      Would like to communicate with you. Any helps or tips on how to be profitable will really help

    3. Smith says:
      June 12, 2021 at 5:03 pm

      Smithofficial07 @ gmail, com

    4. Kelvin says:
      June 12, 2021 at 5:04 pm

      I will reach out to you too sir 🙏

    5. Guy Major says:
      June 15, 2021 at 2:36 pm

      You still need a salary otherwise you would have nothing to invest!First you earn then multiply!

  17. Lawrence Johnson says:
    June 13, 2021 at 6:39 am

    I’ve lost 6-7 times going from 100 dollars to 2k and back down to 100 with a new strategy every time. starting from zero sucks but now I’m back to where I started with no plans to quit

    1. Richard M Todd says:
      June 13, 2021 at 6:41 am

      I’m not a professional, I use a broker (katherine louise hele) I follow her signals to make trades, why don’t you look her up

    2. Alice woodward says:
      June 13, 2021 at 6:45 am

      @Richard M Todd She’s good. For my portfolio managed by (*Katherine louise Hele*) I gain a minimum of 14% on my portfolio per week

    3. Ron Andrach says:
      June 13, 2021 at 6:50 am

      @Alice woodward That’s huge. just checked the name up on google and she appears really proficient. Hope she replies my money.

    4. Matt Clarke says:
      June 15, 2021 at 1:08 pm

      @Ron Andrach You guys seem like really convincing humans but you are bots.

  18. Mr. Grayson says:
    June 13, 2021 at 8:45 am

    To get rich in life, you need to spend less and invest more. You don’t expect to spend 90%, invest 10% and sit to make more wealth.

    1. Daddy's Little Angel says:
      June 13, 2021 at 8:51 am

      You got to see unprofessional brokers but we still got lucrative and profitable professional brokers out there looking for investors

    2. Kenneth Copeland says:
      June 13, 2021 at 8:53 am

      @Daddy’s Little Angel Damn! You’re right you must be a genius.

    3. Becky Cunningham says:
      June 13, 2021 at 8:54 am

      Wow, I’m surprised someone just mentioned expert Christina Perri of financial education

    4. Country Boy says:
      June 13, 2021 at 8:58 am

      @Becky Cunningham You’re right, I’m a living testimony of Expert Christina Perri. She has levelled up my financial status..All thanks to my Aunt who introduced me to her

    5. James Arch says:
      June 13, 2021 at 9:04 am

      W………….H_____A………T_____S……….A____P……..P………….H___E__R

  19. NOT SURE says:
    June 13, 2021 at 3:38 pm

    Crypto is the end of privacy, since every transaction that you’re involved with is recorded. Every item you buy/sell is recorded.

    1. Prab 8 says:
      June 20, 2021 at 5:13 am

      That doesn’t work with privacy coins…

    2. Cellar Door says:
      July 4, 2021 at 2:01 am

      On one hand you have real cryptocurrencies, and then you have surveilance coins

  20. Lena Viglietti says:
    June 19, 2021 at 1:02 pm

    OMG thank You…it’s the first time in understand how Crypto works. This gentleman is great

    1. Monitory Mindset says:
      June 28, 2021 at 7:20 pm

      Thanks for watching for assistance and guidance on crypto investment text directly (+1==4==2==3==2==8==1==4==1==9==7)

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