23-Minute Crypto Crash Course

Dec 14, 2021

24:52

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Disclaimer: Please don’t take this episode as official financial advice but as informative guidance about cryptocurrencies.

What do you know about cryptocurrency (“crypto”)? Do you know how many cryptocurrencies there are and what they are worth? Should you even care? Crypto supporters regard Bitcoin (BTC) as the currency of the future. Some call it “digital gold” and think it’s more secure than traditional payment systems. Others believe cryptos and blockchain are too complicated, so they’d rather not have anything to do with it. Whatever you think, it’s still preferable if you have a basic understanding of the nature of cryptos.

In this week’s episode, Sharran walks us through a 23-minute crypto course he designed for his 10-year old son. It won’t hurt if you listen to it. After all, you don’t want to be left behind when the whole world embraces cryptos as the new currency.

Before you go, please check out the links below:

Join Coinbase with Sharran’s link and you both get a little Bitcoin when you do - https://www.coinbase.com/join/srivat_f2.
Join Robinhood with Sharran’s link, and you'll both get a free stock. Limitations apply - https://join.robinhood.com/sharras7/.
Get the Money Multiplier System - moneymultiplier.info.

“If you fix the supply, the only thing that can change is demand.”

- Sharran Srivatsaa

Timestamps:

00:00 An informative guidance about cryptocurrencies

02:12 Three BIG things you will learn from this episode

03:18 Two words you have to remember: PUSH BUTTONS

04:31 What type of cryptos should you invest in?

07:22 Why Sharran likes investing in BTC and ETH

11:46 Common platforms that facilitate the exchange of cryptos

14:55 When should you buy cryptocurrencies?

15:16 Understanding liquidity and market volatility

19:27 An effective method of teaching your kids about money