The Beginners Journey with Michael Weymans | Part 1
Episode description
My guest Michael Weymans joins me to discuss the typical beginner's journey into crypto and some of the problems, challenges and pitfalls that are commonly made.
Links:
- Bitcoin White Paper
- Double Spend Problem
- Greater fool theory
- Buffet: “Bitcoin Rat Poison”
- Dimon: “Bitcoin is a fraud”
- Bitcoin is Antifragile
- Michael Saylor
- China Crypto Ban History
- Cramer on Hedge Fund Market Manipulation
Check out getbitcoinfi.com for more blog posts and articles, and get involved in the community.
- Coinbase is the place most people start, secure and reliable.
- Gemini is a great starting point too, and they pay interest on many coins.
- Celsius has some of the best interest rates for both borrowing against and earning on your crypto.
- Voyager is one of the most popular apps for earning interest on your crypto. They are a publicly traded company in Canada.
- BlockFI is one of my favorite places to earn interest on crypto. They also have a Bitcoin Cash back credit card which makes earning crypto easy.
- Strike - the Venmo of crypto. Buy, sell and send crypto with no fees. Use my link to get $5, no purchase necessary.
- I have a Roth IRA with Choice to buy Bitcoin in a tax sheltered account. Traditional IRA's are also available.
- Crypto.com just bought the naming rights to the Staples Center and is another popular exchange.
- My Twitter
- My Youtube
If you want to learn more about crypto, I recommend two courses.
One is Edward Gorbis Bitcoin School, use this link to get the course for $137.
The other is more in depth with weekly Q&A, coaching calls, and a slack group through uintacrypto.com. It's the course that gave me a solid foundational understanding of crypto. Let Spencer Montgomery know that I sent you.
Email me at Frugalstu72@gmail.com if you have questions.
Note: Some of my links are referral links that are mutually beneficial but at this point I have no affiliate relationships with any of these companies.