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842b cryptocurrency 101: what is it, how does it work + how much to buy
Nick Bradley, co-author of The Quick Start Guide To Investing, joined Glen James to break down the concept of cryptocurrency. They cover:
๐๐พ what is the blockchain and what is cryptocurrency?
๐๐ฟ why would I invest in Bitcoin over an ETF?
๐๐ป unpacking the concept of using Bitcoin as your key every spending currency
๐ is investing in cryptocurrency like investing in shares?
๐๐ผ what platforms can you use to invest in cryptocurrencies and how do the fees work?
๐๐ฝ how much should the average person spend on cryptocurrency?
๐๐พ are there any major risks to investing in cryptocurrency?
๐๐ฟ how do you keep Bitcoin safe? Is losing Bitcoin an issue?
๐๐ป what is stablecoin?
Sorry for the sound quality after 43 minutes, the audio interface crashed :(
This episode is supported by CoinSpot, Australiaโs home base for crypto, trusted by more than three million Aussies.
ย Get started safely and easily with as little as $1. Use the codeย MONEYX3ย when you sign up and youโll receiveย $20 of free Bitcoinย after your first deposit. Learn more atย coinspot.com.au.
Check out the online merch store to buy our books: https://www.moneypodcast.com.au/store
Check out Nick's Youtube channel, 15 minute money: https://www.youtube.com/@15minutemoney
Learn more about Nick's story: https://youtu.be/5F1kzFjdLgg?si=n7cXF_iRwQ7yqYpS
Learn how to be a better investor with 'The Quick-Start Guide to Investing' book: https://www.moneypodcast.com.au/store
money money money is proudly supported by Sphere Home Loans and Skye Wealth.
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To get help, and to check out our online courses, books, resources and downloads (+ our disclaimers and warnings), click here.
Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. SYMO Interactive Pty Ltd & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289.
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907 taking adult kids off health insurance, savings vs offset, pay mortgage off early + more
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906b wwgd: single mum Chrissy wants to maximise her cash while living remotely
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906 how to make a property offer, single parent retiring early, unsure what to do next + more
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904b when to sell shares, dying with zero, is Aus property really safe + more (campfire chat)
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904 mortgage update (equity, fixed vs. variable, parental guarantees, self employed + more)
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