Dave Ramsey Show has surprising take on Bitcoin after blasting it at $555

From Yahoo Finance: 2025-05-14 14:09:00

The Ramsey Show, previously skeptical of Bitcoin, now embraces it as a viable investment option. Host Ken Coleman advises investors to diversify portfolios, cautiously navigate Bitcoin’s current unregulated status, and anticipate future regulation, contrasting with Dave Ramsey’s past dismissal of Bitcoin as “wacko” in 2014.

Dave Ramsey, known for conservative financial advice, warned against crypto investing in 2024, likening it to gambling. Bitcoin’s price has surged from $567 in 2014 to $56,500 in 2024, and now stands at $103,672. Ramsey’s turnaround on Bitcoin reflects shifting attitudes towards the cryptocurrency in financial circles.

The Ramsey Show’s acceptance of Bitcoin and Coleman’s advice on investment strategies mark a significant shift from Dave Ramsey’s previous criticism of the asset. As Bitcoin continues to rise in value and gain mainstream acceptance, financial experts like Ramsey are revisiting their views on cryptocurrency investments.



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