Jul 27, 2022
Summary:
Bitcoin is down in the low twenty thousands, and cryptos are in the
dumps. Is it your chance to buy, or is this a good time to flee?
Gregory Johnson—Co-Founder and CEO of Rubicon Crypto—appears in
this episode to help us imagine the future of crypto and how to
wisely invest. One entering the industry has to be mindful of its
volatility, and maintain a long term perspective in order to
strategize. Gregory gives excellent advice about digital assets,
which will become even more prevalent as time goes on. Tune in to
hear more.
Highlights:
-People need to take a step back and use common sense when it comes
down to crypto—regardless of which side of the industry you’re
coming into
-People need to think about how dependent we’re going to be on
technology in the future, and how much of this technological
development will be digital
-There is no absolute guarantee that crypto is going to do things
differently than other equity assets people have in their
portfolios
-Anyone entering the space should not just be prepared for
volatility, but the most extreme volatility they’ve seen when
investing
-You have to have a very long term perspective
-It’s important to know the difference between a currency and an
asset; assets aren’t divisible or portable, and can’t be spent in
the way that currency can
-The evolution of these technologies is only going to continue
-Future reward programs will have a tokenized NFT aspect
-There is a new economy that will involve blockchains, and this is
already being implemented with larger corporations
Useful Links:
Financial Survival Network
Rubicon Crypto