We all want to build wealth, make money, and make our money work for us, right?
But sometimes, learning about money can feel so overwhelming and is wrapped up in all kinds of mindset messes and societal norms.
I consider myself a pretty financially savvy person - I have a double major in Accounting and Finance and have been a real estate investor for the last 10 years.
But there’s definitely a lot I don’t know about finances and money - and today’s topic is one of those.
Today, we’re talking with Ayelen Osorio, Content and Community Manager from Netcoins, about cryptocurrency.
Netcoins, if you haven’t heard of them, is on a mission to make buying and selling crypto an easy and successful experience for all Canadians. Founded in 2014, the company has over 10 years of diverse industry experience amongst its leadership team, and is now one of Canada’s most experienced and trusted crypto currency companies.
So...
If you’re like me, you don’t fully understand what Bitcoin, cryptocurrency, the blockchain - means… and if you don't ‘understand it, chances are, you aren’t investing in it.
(Which is kinda smart).
BUT I know you’re curious about it - and not knowing or understanding something is NOT an excuse, am I right?
I’m super excited to have Ayelen here to learn for myself - and to share with you.
In today’s episode, you’ll learn:
What is Cryptocurrency, Bitcoin, and what it all means
What you need to know before you invest in any cryptocurrency
How to assess risk and our suggestions for smart investing
How Cryptocurrency is changing the world of inequality and humanitarianism
How - and why - you as a woman - can make the world a better place by becoming wealthy
Remember this -- neither Ayelen or I are investment professionals - and I tell you that because my lawyer wants me to - but ALSO because we’re normal women who believe in building wealth, and getting educated - and we want to help you do the same.
So listen up, Goalden Girl. By the end of this episode, you’ll understand Cryptocurrency - where it is, where it’s going - and how it might fit into your own personal wealth and investment strategy.
Here are the juicy bits you can look forward to:
A little bit about Ayelen 3:00
What cryptocurrency is 5:15
How money as a concept has evolved throughout history 6:45
The risks with “traditional” currency and investments 10:00
One of the biggest myths about cryptocurrency 13:30
Why 2020 is the year of the Bitcoin 15:10
What the different types of cryptocurrencies are 17:25
How Bitcoin avoids inflation 20:00
What the heck is a blockchain? 22:30
Why cryptocurrency is revolutionary 23:55
What some of the advantages of cryptocurrency are 27:45
Why the crypto industry has started to invite regulation to make investors feel safe 31:00
How we can risk assess and make the best decision on the right type and amount to invest 34:15
What a wallet is when it comes to cryptocurrency 37:15
Where to start when buying cryptocurrency 38:50
How Netcoins makes money 40:45
How to buy cryptocurrency even if you don’t have a lot to invest 42:00
What to do with cryptocurrency once you have it 46:15
How many cryptocurrencies you can buy on Netcoins and how they pick the ones they offer 52:30
Ayelen’s advice for someone who wants to get started in cryptocurrency 53:30
What often holds women back from investing 57:15
How we can continue to empower women when it comes to money 59:55
Where Ayelen sees the future of cryptocurrency going and how it can change the world 1:02:00
Ayelen’s answers from rapid-fire questions from me! 1:07:00
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Resources:
Thank you to Netcoins for providing our Goalden Girls Podcast listeners with $20 worth of Bitcoin for FREE! Get started here today: https://netcoins.ca/womenincrypto/
Netcoin’s Crypto Academy: https://netcoins.ca/crypto-academy/
Quotes to Share:
Download and share the quotes you loved on your social and inspire those around you:
“Money is really just an exchange of value.” – Ayelen Osorio
“Nothing is more expensive than free money.” – Ayelen Osorio
“Don’t invest what you can’t afford to lose.” – Lisa Michaud
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Thank you so much for listening.
xo,
Lisa
PS. Please note: some of the links shared may be affiliate links. This doesn't cost you anything: it simply means that Lisa Michaud might get an affiliate fee. Special care is always taken to make sure only the highest quality recommendations are shared: our highest value as a Community is YOU getting results in your life. We will always encourage you to show up with integrity and encourage you to create a business, income, and life you love - and make money doing it. We share this as an example of how we do this in our business by following these principles to serve you, and inspire you to do the same in your life.