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Bitcoin for Beginners: Understanding the Future of Cryptocurrency

Feeling bitcoin or cryptocurrency FOMO right now? Laura interviews Fred Schebesta, author and founder of Finder.com, about the future of cryptocurrency and what bitcoin beginners should know.

By
Laura Adams, MBA
2-minute read
Episode #707
The Quick And Dirty

While every cryptocurrency (such as Bitcoin and Ethereum) comes with investment risk, having some amount of your portfolio in digital currency may make sense, depending on your financial goals. Learn how various crypto strategies may boost your short- and long-term investment returns.

You’ve probably been hearing a lot about bitcoin and cryptocurrency in the news these days. On October 20, 2021, bitcoin shot up to $66,975 and then yesterday evening on November 8 it reached a new all-time high over $68,000! If you’ve been wondering what all the hype is about or if it’s time to dip your toes in the cryptocurrency waters, I’ll cover key concepts you should know. 

To discuss cryptocurrency investing, I interviewed Fred Schebesta, founder of Finder.com and author of Go Live!: 10 Principles to Launch a Global Empire. Fred’s been investing in bitcoin and alt-coins since 2017 and is going all-in incorporating crypto into his business strategy.

We sat down in Fred’s New York City office and had a great conversation about his background, business evolution, challenges as a founder, personal investing strategy, and ideas about the future of cryptocurrency.

Here are a few of the topics we cover on this Money Girl podcast interview:

  • Common misunderstandings about investing in cryptocurrency
  • How to begin slowly adding crypto to your investment portfolio
  • Why bitcoin is different from other types of cryptocurrencies or alt-coins
  • Strategies for short-term trading versus long-term investing
  • How to keep the crypto you purchase secure from cyber theft
  • The most compelling reasons everyone  should consider investing in crypto
  • Where to learn more about investing and earning high-yields on crypto balances

Listen to the interview using the embedded audio player or on Apple Podcasts, Stitcher, and Spotify

What questions do you have about cryptocurrency and investing? Leave a voicemail for Laura by calling 302-364-0308. Follow her on Instagram and sign up for her weekly newsletter at LauraDAdams.com.

About the Author

Laura Adams, MBA

Laura Adams received an MBA from the University of Florida. She's an award-winning personal finance author, speaker, and consumer advocate who is a frequent, trusted source for the national media. Money-Smart Solopreneur: A Personal Finance System for Freelancers, Entrepreneurs, and Side-Hustlers is her newest title. Laura's previous book, Debt-Free Blueprint: How to Get Out of Debt and Build a Financial Life You Love, was an Amazon #1 New Release. Do you have a money question? Call the Money Girl listener line at 302-364-0308. Your question could be featured on the show.