Andrew McCormick, Head of eToro US and former Wall Streeter, shares his journey from traditional finance to the dynamic world of crypto. He discusses the key differences in investment psychology between retail investors and professionals. Listeners are intrigued by insights on buying dips and the impact of risk appetite on market trends. McCormick also reveals eToro's upcoming IPO, future AI tools designed to enhance trading, and how the blending of traditional finance with blockchain is reshaping investment opportunities.
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question_answer ANECDOTE
Wall Street to Crypto Journey
Andrew McCormick transitioned from a Wall Street bank to eToro driven by his passion for Bitcoin.
He embraces both the crypto community and Wall Street professionals for financial innovation.
insights INSIGHT
Emotion in Retail Investing
Retail investors tend to invest with more emotion than Wall Street pros.
Platforms like eToro that display user data and social trading decrease emotional decision-making.
insights INSIGHT
Follow or Defy the Herd?
Following the herd in investing can be risky but may reduce some risk.
New investors should learn from others and grow confidence before making unique stands.
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Andrew McCormick, Head of eToro US, shares his journey from Wall Street to crypto, explains how retail investors differ from professionals, discusses market trends like buying dips in crypto and stocks, and talks about eToro's IPO, future AI tools, and blending traditional finance with blockchain.*This video was recorded on May 28, 2025.Subscribe to my free newsletter: https://davidlinreport.substack.com/Listen on Spotify: https://open.spotify.com/show/510WZMFaqeh90Xk4jcE34sListen on Apple Podcasts: https://podcasters.spotify.com/pod/show/the-david-lin-reportFOLLOW ANDREW MCCORMICK:X (@etorous): https://x.com/eToroUSX (@etoro): https://x.com/eToroWebsite: https://www.etoro.com/en-us/FOLLOW BONNIE BLOCKCHAIN: YouTube: https://www.youtube.com/@BonnieBlockchainX (@BlockBonnieC): https://x.com/BlockBonnieCInstagram: https://www.instagram.com/bonnieblockchainTikTok: https://www.tiktok.com/@bonnieblockchainFOLLOW DAVID LIN:X (@davidlin_TV): https://x.com/davidlin_TVTikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tvInstagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/For business inquiries, reach me at david@thedavidlinreport.com*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.0:00 - Intro.0:46 - Wall Street background and transition to crypto2:03 - Differences in investing psychology4:48 - eToro’s trading volume and shift to diversified assets6:13 - Risk appetite and crypto market cap surge9:17 - Bear market indicators11:46 - Money printing and Bitcoin’s value proposition13:32 - eToro’s IPO and strategic prioritities14:48 - Meme and alt coins16:57 - Balancing crypto and Wall Street worlds18:29 - Genius Act and crypto legislation20:42 - Timing of crypto IPOs, trad-fi, and stocks/ETFs on Blockchain23:13 - The future of exchanges and integrating AI#bitcoin #crypto #investing
The David Lin Report