Chapter

Investing in Crypto
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59:29 - 1:05:03 (05:33)

The speaker discusses investing in cryptocurrencies and the importance of sensing certain signals such as developer activity and the interest of smart people. It is possible to take punts on things in crypto rather than having time to conduct diligent research on specific investments.

Clips
The speaker tells a story about a hedge fund trader who was confident that Tootsie Rolls would still be popular with their aging demographic, as they are primarily consumed by those over 50 years old.
59:29 - 1:00:42 (01:13)
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Investing
Summary

The speaker tells a story about a hedge fund trader who was confident that Tootsie Rolls would still be popular with their aging demographic, as they are primarily consumed by those over 50 years old.

Chapter
Investing in Crypto
Episode
3 Profitable Business Ideas You Should Start in 2022, Dog Food Billionaires, and Focusing on the Next Step with Steph Smith
Podcast
My First Million
Sometimes taking punts can make a fortune in crypto, and with its high volatility, it's sometimes necessary to have a designated budget to invest in a suitable crypto market.
1:00:43 - 1:03:08 (02:25)
listen on Spotify
Crypto Investment
Summary

Sometimes taking punts can make a fortune in crypto, and with its high volatility, it's sometimes necessary to have a designated budget to invest in a suitable crypto market.

Chapter
Investing in Crypto
Episode
3 Profitable Business Ideas You Should Start in 2022, Dog Food Billionaires, and Focusing on the Next Step with Steph Smith
Podcast
My First Million
The thought process behind investing in NFTs requires the ability to identify the potential for becoming an iconic NFT and staying ahead of the curve.
1:03:09 - 1:05:03 (01:54)
listen on Spotify
NFTs
Summary

The thought process behind investing in NFTs requires the ability to identify the potential for becoming an iconic NFT and staying ahead of the curve.

Chapter
Investing in Crypto
Episode
3 Profitable Business Ideas You Should Start in 2022, Dog Food Billionaires, and Focusing on the Next Step with Steph Smith
Podcast
My First Million