What Are We Going To Do About Crypto?
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What Are We Going To Do About Crypto?
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If you've followed my podcast for a while, you've heard me say I don't recommend crypto to clients. That hasn't changed, but we can't deny the fact that crypto is growing rapidly. So, with this, how should you respond when a client asks, "Shouldn't I be putting money in crypto?"
In today's episode, I dive into this question by sharing my own experience investing $2,000 in crypto through Venmo. I'll talk about what I learned, how it shaped my perspective, and the lessons it offers for understanding this volatile market. Then, I'll share my thoughts on how to frame the conversation and navigate the hype responsibly.
Here's some of what we discuss in this episode:
- My skepticism about crypto and first time investing in it.
- A $2,000 crypto investment that is now worth over $6,000.
- Being open with your clients about crypto.
- Advising interested clients to invest small amounts and to avoid constant monitoring.
Want to schedule a meeting with Dan? Click here: http://bookachatwithdan.com
Read more and get additional financial resources here: http://renegadeadvisor.net