Bitcoin- Investing Responsibly with Kim Snider Hughes

Kim Snider Hughes has spent 20+ years as an entrepreneur, options trader, investment advisor, financial engineer, author, speaker, educator, and financial radio talk show host.

Kim retired at 47. And all was going according to plan, until crypto came along.

Most people think cryptocurrency is too risky for a run of the mill portfolio. Kim believes the risk is in NOT investing in crypto assets.

Welcome!
[3:53] What is something that most people don’t know about you?
·       Painfully shy

[5:28] For people who are still a bit unclear about crypto- what is a quick explanation that you would give them?
·       Explanation depends on who you are talking to
·       Hoodie or suit
·       Blockchain is the technology- just a software
·       Blockchain is the internet of money

[10:50] Is there a difference between a cryptocurrency and a crypto asset?
·       Original terminology is cryptocurrency
·       Cryptocurrency name is too narrow
·       Being renamed into crypto assets
·       Can be broken down into different categories

[13:23] How big is the crypto asset market?
·       It seems like a constrained supply
·       The numbers are possible

[18:47] What other applications does technology for blockchain have?
·       Bulls or bears
·       Rather be an owl
·       Nobody knows what will happen
·       Last year- 1,044% return
·       A very unique opportunity

[23:55] If someone wanted to invest in this, what are some indicators they should be on the lookout for?
·       Only invest 2% in crypto
·       Only money you can afford to lose

[27:14] Tell us about your business- SANE Crypto.
·       Teach people how to invest in crypto assets
·       Helps people who are looking to create a portfolio to live off of
·       Created a system for clients to answer all questions

Sponsors

[28:45] If you want to get started with Bitcoin check out this post.

Value Link Round (VLR)

[29:33] Why do you think people struggle to achieve their dreams?
·       Comes down to not planning and not making a plan

[30:56] Do you have any other books or podcasts you recommend?
·       Books: A random walk down Wall Street, The One Thing
·       Podcast: The Sane Crypto podcast- an investing podcast wrapped up in cryptocurrency

[35:46] Do you have a favorite quote?
·       “You can have everything you want in life if you just help others get what they want.”

[35:59] Any last advice?
·       Just to be thoughtful about information