Bitcoin, Altcoin, DeFi Update - June 21, 2020

Happy Father's Day!

I posted a 15-minute video, below. I hope you find it helpful. TL;DW—

  • Many people expect bitcoin's price to crash. If it does, not a big deal, this happens a few times each year during bull markets.

  • DeFi is going bonkers and tokens keep booming. I'm still researching DeFi and once I learn how to use it safely, I'll try to see if there's a way we can use it to our advantage. Right now, I don't use any DeFi platform so I can't comment either way. Lots of risks people aren't paying attention to, but amazing technology that should make the world a better place.

  • Altcoins are all speculative. When I give recommendations in Crypto is Easy, I'm not thinking about day-to-day, week-to-week, more focused on how the project solves a problem and what might lead its token value to rise.

Here’s the video:

Reply

or to participate.