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Round Table | Breaking Down Crypto as a Passive Income Option
Is investing in crypto your path to financial freedom? As a result of the surge in the popularity of cryptocurrencies, more and more people are putting their money into cryptos. But it takes more than doing what others say or do without fully understanding what's at stake. So do you really know how this asset class works? Do you understand the risks? If you want to get more information, you're in luck because today's conversation is about breaking down crypto as a passive income option.
Tune in as Russ, Joey, JD, Mark, and blockchain expert Courtney Moeller discuss the following:
How does blockchain technology improve our lives?
How can we make money in this space?
How do we manage risk and avoid losing money?
And more!
Follow Courtney Moeller and Get More Information About the Crypto Space:
https://courtneymoeller.com/
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00:28 - Do you believe that after going through this podcast, you've uncovered another way for us to make more passive income through crypto in 2023?
03:43 - Why do you think it's important for us to break down this asset class?
09:09 - Why is it important for us to break down crypto or blockchain as a potential source of our money?
12:56 - How does this technology improve our lives?
16:20 - What is tokenization, and how is it applied?
21:30 - How do you make money in crypto?
28:40 - Is there any opportunity within the blockchain and crypto space for this to have some type of Green Initiative backing so the government can incentivize us to help promote this and actually create another income stream for ourselves?
31:29 - What is the difference between cold storage and exchanges? What are some of those places that you're talking about when you're mining funds? Where should we be storing coins?
35:59 - Is there a specific strategy where you would say, “If you do this, I can see you creating the passive income you want”?
37:31 Let's say I buy it today, and it has a massive uptick in the next 18 months or so, then I start staking it. Can I potentially use the interest from staking to pay my bills, and I no longer have to go to my nine-to-five?
39:15 - Where can people gain more information on what you're doing?
39:44 - What are your final thoughts?
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🎧 Listen Now to the full episode of the podcast here 👉
www.wealthwithoutwallstreet.com/podcast/round-table-breaking-down-crypto-as-a-passive-income-option
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