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EverydaySpy Podcast

How to Gamble Big and Win

EverydaySpy Podcast

Andrew Bustamante

Spy, Learning, Spies, Thinking, Human, Cia, Intelligence, Espionage, Education, Lifehack, Social Sciences, Advantage, Edge, Unfair, Science, How To, Humint, Secret, Growth, Business

4.7640 Ratings

🗓️ 28 December 2021

⏱️ 21 minutes

🧾️ Download transcript

Summary

The last week in December is a time when people everywhere stop and reflect on what they want to do differently in the new year. In this episode, Andrew shares a few success stories from the field and asks a different kind of question for you to consider. Whether you are in school or in business; raising a family or raising seed capital for a new venture, there is value in knowing one important answer before you ring in the new year... 

Transcript

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0:00.0

My name is Andrew Bustamante, and this is everyday espionage.

0:07.0

Freedom Freedom Freedom

0:23.6

My family and I just recently wrapped up the Christmas weekend here in the United States.

0:32.6

And for anybody who is Western culture, then you know how awesome Christmas can be. There's family and there's food and

0:39.1

there's holidays, there's gifts, there's music, and there's movies. And the thing I want to really

0:45.7

talk about is that I've had these three very interesting client experiences all over the same

0:51.6

two to three days that are Christmas, Christmas Eve, Christmas Day, and of course the day after Christmas.

0:56.0

And there was an interesting trend that stood out to me through these three client interactions

1:02.0

that I absolutely wanted to share with you before the New Year.

1:06.0

So let me just tell you three very short stories.

1:08.0

So the first client reached out, and I had worked with this client,

1:12.2

towards the end of November, they were a cryptocurrency millionaire, which meant they had millions

1:18.0

of dollars in cryptocurrency, but not millions of dollars in hard fiat currency. So with all of that

1:25.0

cryptocurrency, they were debating whether or not they were at a position

1:28.3

where they could leave their day job and cash in their crypto to become an actual cash currency

1:35.3

millionaire, whether it's euros or dollars or yen.

1:38.3

They were trying to make this decision and they were trying to balance the risk between

1:42.3

cashing out while they were crypto millionaires

1:45.3

in the end of November versus waiting and cashing out in January or March or the third quarter

1:52.1

of 2022. So for those of you who know my stance on crypto, I find crypto to be a very interesting

1:59.0

tool for exchange, but I don't believe that cryptocurrency carries its own real value as a currency.

2:05.6

And there's lots of reasons for that, and you can research me if you agree or disagree.

...

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