Today I'm talking to Sean Takayoshi about how to safely and securely delve into the world of Bitcoin and Cryptocurrencies.
This conversation really buttresses my overall personal finance and investment philosophy of: organizing your finances, budgeting, tracking expenses, eliminating debt and investing so that you can move on to financial independence.
If you're new to crypto or have "been in it" for awhile and still have questions, here's how to not get REKT in Bitcoin and Cryptocurrency:
To learn the fundamentals of how to SAFELY & SECURELY buy, transfer and hold Bitcoin and other cryptocurrencies, download my FREE "Basics Of Bitcoin" Guide here:
My name is Sean and I live in Los Angeles, CA. What i've bee up to these days is taking deep dives into cryptos and figuring what projects to invest in.
I first learned about personal finance through Ramit Sethi and reading GetRichSlowly blog articles and those traditional investments set me up with a strong financial foundation.
I am still a believe in these investments but my investment style has shifted to more alternative (risker) investments because of the gains in selecting individual stocks.
My investments in picking stocks matched my RothIRA portfolio and made me thing that I had a closed minded attitude that I couldn't pick individual stocks because that's what all the PF people said you shouldn't do.
Picking stocks lead into option trading and then into cryptocurrencies.
When the worth of my individual stocks equaled to my RothIRA. Then fueled me to research and learn more about evaluating individual assets.
FIRE is what keeps me going and also helping people out along the way.
-Ive shifted from a conservative to a more risker investment style.
I've always been really conservative with more and I have issues spending money.
I also sold 99% of my things and I live in a van (down by the river) so that I could travel the country and also keep expenses low.
I monitor my finances religiously and keep track of all the reoccurring charges
It feels great because the more debt you have, the more enslaved you are to the system.
Again, here's how to not get REKT in Bitcoin and Cryptocurrency:
To learn the fundamentals of how to SAFELY & SECURELY buy, transfer and hold Bitcoin and other cryptocurrencies, download my FREE "Basics Of Bitcoin" Guide here:
Come up with a plan -Focus on one thing at a time -Find someone you can go to for advice.
Youtube: https://www.youtube.com/c/InvestWithFIRE
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Now that you've heard Sean's story, maybe you're ready to take a closer look at a "framework" to start your own "journey to debt freedom". And, if you’ve hung out on this platform for any length of time, you’ll know I’m all about helping you to take action. And here are two very easy next steps to keep you moving in the right direction:
I want for you to capitalize on any and all emotional momentum you’ve gotten from this piece of content by committing two just getting started by completing those two actions I mentioned above. If you’ve done that, congratulations, you’ve started! Now just follow the breadcrumbs and please let me know what’s helpful and what you might need more detail around.
Now, if this decision process is something you struggle with and you constantly feel isolated about, I’ve got some great news for you and it’s free.
Our private Facebook group, ZeroDebtTribe. It’s a group of like minded people that are all somewhere along this P2P/debt-elimination/on their way to FI continuum. So click the image above and apply to join us. :)
So, we’re all about taking action around here, so I wanted to offer you this free little resource that will help you get your finances organized an on track in less than 4 hours. It’s called our “Debt-Elimination Quick-Start Guide” and the link is in the video description below.
Looking for a way to get started on your own debt-free journey? Check out my:
“Debt-Elimination Quick-Start Guide”. This free resource will have ALL the tools, forms and printables you’ll need while moving through this 30 day challenge.
1. Subscribe to our YouTube channel and click the notifications bell to make sure you get our new videos every week.
2. Download one of our free personal finance guides. You’ll learn some of the exact strategies I teach my private coaching students on how to organize and optimize their finances, obliterate debt and move on to financial independence by starting and growing online businesses.
3. If you’re looking for a community of motivated and like-minded people, go ahead and get on the waitlist to join our private financial coaching community. We only open it for new students a couple of times a year, so make sure to get on the waitlist.
5. If you need some help right now because you’ve got a burning issue, you need a problem solved, you want to talk through a complex situation, click on the button below.
All that said, let's keep on building your financial acumen and make this your best year yet!
Thanks so much for reading and we’ll see you in the next video post!
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