Chapter
Investing in Bitcoin as a hobby
59:22 - 1:05:07 (05:45)
The recommendation for beginners, by Jack, is to convert small luxuries into investment opportunities, like buying Bitcoin instead of a daily coffee.
Clips
Starting with small investments in hobbies that may seem odd at first, like buying Bitcoin, can lead to bigger gains in the future.
59:22 - 1:01:19 (01:56)
Summary
Starting with small investments in hobbies that may seem odd at first, like buying Bitcoin, can lead to bigger gains in the future.
ChapterInvesting in Bitcoin as a hobby
Episode#136 with Jack Smith - Trading Cards and Collectables: A Deep Dive Into The Opportunities In The Space
PodcastMy First Million
Masterworks offers a high-end investment platform for piece of arts valued at $10,000 or more, but also directs investors to trade pieces for as low as $20 each.
1:01:19 - 1:04:04 (02:44)
Summary
Masterworks offers a high-end investment platform for piece of arts valued at $10,000 or more, but also directs investors to trade pieces for as low as $20 each. The art on their platform generally does not trade below the IPO price.
ChapterInvesting in Bitcoin as a hobby
Episode#136 with Jack Smith - Trading Cards and Collectables: A Deep Dive Into The Opportunities In The Space
PodcastMy First Million
The value of Bitcoin does not rely on revenue or profits, it is solely based on the stock price, which makes it unique from other assets.
1:04:04 - 1:05:07 (01:03)
Summary
The value of Bitcoin does not rely on revenue or profits, it is solely based on the stock price, which makes it unique from other assets. Bitcoin's potential to become the top held currency in the world is attractive to its investors because it is not owned by any government.