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029 - You Need To Be Aware Of Crypto Technology Because It's More Than Just Currency
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Most people think crypto is just digital currency, but it's so much more than that. The underlying technology is going to revolutionize the world much like the internet did.
Even if you have no interest in owning cryptocurrencies yourself, you need to be aware of what's going on in this sector because it's going to impact a lot of other industries and change the way companies do business.
Bitcoin halves every 4 years and 2024 is the next scheduled halving which is going to send crypto as a whole up like a rocket. That's why we're invested in it.
There are several ways to invest in crypto to reap the rewards of what's to come.
You can invest in the actual crypto coins (1000s to choose from):
- BTC
- ETH
- XRP
- ADA
- LINK
- MATIC
- SHIB
- LTC
- SNX
- XTZ
- OP
- BTT
- FET
Or in stocks that are part of the crypto sector.
- COIN
- PYPL
- NVDA
- SQ
- HOOD
Our favorite way to profit from crypto in the stock market is through YieldMax ETFs that trade options in the stocks above that pay out big dividends.
- CONY
- NVDY
- PYPY
- SQY
There's even a stock that does Bitcoin futures, which we also own.
- BITO
And if you're interested, the SEC approved 11 new Bitcoin ETFs. We're waiting to see what these do. But there are many other crypto ETFs in the works.
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**DISCLAIMER**
Ticker metrics change as markets and companies change, so always do your own research. The content in this podcast is based on personal experience and is for educational purposes, not financial advice. See full disclaimer here.
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