Investing in Cryptocurrencies with Barbara Longue

Money Tree Investing

Money Tree Investing Podcast

Stockmarket, Valuestocks, Investing, Finance, Passiveincome, Wealth, Business, Personalfinance

4.6 • 658 Ratings

🗓️ 1 February 2019

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Bitcoin, Etherium, Litecoin, Monero…there are dozens of cryptocurrencies. Barbara Longue says thousands are still to come.

Are cryptocurrencies truly an investable asset? Miranda and Doug get to the bottom of this in today’s episode.

What you’ll learn today:

Why is blockchain technology important
What is cryptocurrency
What’s the difference between Altcoin and Bitcoin

For more information, visit the show notes at http://moneytreepodcast.com/228

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome to the Money Tree Investing Podcast.
0:04.0	Stock market, wealth, personal finance, value stocks, invest in your life.
0:10.0	Welcome to this week's episode of the Money Tree Investing Podcast.
0:14.0	Today we're going to talk about cryptocurrencies.
0:17.0	It's still a hot subject even after the cryptocurrencies took a news dive at the end of 2017. It's still a hot subject, even after the cryptocurrencies took a news dive at the end of 2017.
0:23.8	It's still a very hot subject, so we're going to go ahead and talk about it today.
0:26.4	But first, are you looking for a better way to invest through market turmoil?
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0:37.1	and reach your financial goals.
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0:43.5	Instead, use the stock market to help consistently build wealth.
0:47.0	For more information, visit MoneyTreepodcast.com slash betterment.
0:51.0	I use Betterment to manage my retirement fund and my travel fund. It doesn't mean it's right for you,
0:56.6	but head on over to moneytreepodcast.com slash betterment to find out more.
1:03.9	Barbara, thank you so much for joining us today. Yeah, thanks for having me on, Miranda.
1:08.9	There's been a lot in the news about Bitcoin. There is a big to do about it when it was reaching 20,000, you know, it was close to $20,000 per Bitcoin. And then, of course, it's crashed since then and fallen back. And people have kind of stopped talking about Bitcoin quite as much. But even though Bitcoin was the big splashy, sexy thing,
1:29.1	there are other cryptocurrencies. Is that right? Oh, absolutely. There are literally thousands of
1:34.3	them and thousands more waiting to make their way to the stage in the very near future.
1:40.3	How is it that you can use these altcoins as they're called to profit? How can those be an investment?
1:47.5	One of the real things that, and I train newbies and beginners, how do you get started and how do you monetize this whole world of what is the new internet?
1:57.5	I think what people are missing in this whole concept of this blockchain is simply the
	...

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