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KYP025 Crypto In Africa Series Ep 1: An introduction to Cryptocurrency
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This series is a paid partnership with the CoinMadi Exchange. Support the businesses that support the podcast. Join the conversation: Whatsapp or Telegram
The road to financial independence is a long and grueling one. Between learning to budget, save and reduce expenses, it's also important to identify investment opportunities. There are already so many different investment tools and routes to follow that it can all get really overwhelming. We have done a few episodes on the Zimbabwe stock exchange and have a running series to educate and give feedback on the progress. Now we want to introduce you to a different form of investment: crypto.
This series has been started to start the journey of learning what cryptocurrency is, what exchanges are, and how to go about investing in stock exchange while remaining safe and staying away from scams.
Since the introduction of Bitcoin in 2009, cryptocurrency has grown in popularity with hordes of other cryptocurrencies coming into the fray. The Crypto scene is no longer as simple as just buying some bitcoin and letting it sit for a few years. Blockchain technology has been on the up, increasing the number of active projects and cryptocurrency tokens therewith. With all the new tokens, it's not an easy place to just walk into and start investing. Like any other investment opportunity, it is important to do a significant amount of research before you dive in. While this is not financial advice and I am not a financial advisor, I hope this series will answer some questions for you and make the research load lighter.
Together with Coin Madi, this series will also follow a portfolio that started with $53 to show in real terms what the experience of trading on the stock exchange is. Together we will celebrate any gains and cry over any losses and discuss investment strategies while giving a spotlight on at least one coin in every episode. As an update, the first week: the portfolio now sits on $57 with $4 in gains after our purchase of Polygon (Matic).
I also shared some great resources if you are new to the cryptocurrency space. Following Zimbabwean accounts like Mari Podcast, Finlitbae, and Prosper Mwedzi will definitely get you started. For Youtube, I have been watching content from Lark Davis, Altcoin Daily, JRNY Crypto, Coin Bureau, and Bitboy Crypto. Links to all these accounts will be below.
As always remember to continuously improve yourself #kaizenYOU
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Great Cryptocurrency Accounts to Follow
YouTube
Lark Davis
Altcoin Daily
Coin Burueau
JRNY Crypto
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