SANE CRYPTO - Cryptocurrency investing for retirement (Bitcoin, Ethereum, and Cryptoasset Investing)

Holidays here in the States Taking a break for a couple of weeks to spend time with family and recharge batteries Back early next year Maybe we'll get lucky and the market will take off while I am not looking…that would be a nice Christmas present Regardless of what the market does, I am wishing you a wonderful holiday season, filled with family and friends and a prosperous new year! See you then! ⟺ FREE ONLINE TRAINING: Sign up for "How A Little, Little Bit of Bitcoin Can Make Your Retirement Savings Go A Lot, Lot Further", at https://sanecrypto.com/retirement FULL SHOW NOTES ARE AVAILABLE AT: https://sanecrypto.com/podcast QUESTIONS OR FEEDBACK: Email:askkim@sanecrypto.com Twitter: @sanecrypto SUBSCRIBE, RATE AND REVIEW: Hope you will subscribe so you don’t miss any episodes and, of course, give us an honest Rating and Review. I read each one and it helps tremendously to improve the show. DISCLAIMER: Nothing said on this show should be considered investment advice. Past performance is no guarantee of future results. All investments involve risk and may result in a loss. Investors should consider their investment objectives, risks, charges, and expenses of any and all financial instruments carefully before investing.

Many crypto investors are feeling let down by the current market after an insane peak only a year ago. In this episode of the podcast, I explain why I believe cryptocurrencies will make a resurgence in 2019. My assessment is based not only on current market trends, but on the history of the stock market itself. Join me in this recap of the past 40+ years of investing, how it relates to the past year of investing, and what it means for the next. In this week's conversation, we talk about: ✓ How the stock market became an exciting, financial staple of our economy ✓ Why investing is essential in today’s world ✓ The ideal return rate, and why it matters ✓ Why cryptocurrencies represent the future of investing, and are likely to make a comeback ⟺ FREE ONLINE TRAINING: Sign up for "How A Little, Little Bit of Bitcoin Can Make Your Retirement Savings Go A Lot, Lot Further", at https://sanecrypto.com/retirement FULL SHOW NOTES ARE AVAILABLE AT: https://sanecrypto.com/podcast QUESTIONS OR FEEDBACK: Email:askkim@sanecrypto.com Twitter: @sanecrypto SUBSCRIBE, RATE AND REVIEW: Hope you will subscribe so you don’t miss any episodes and, of course, give us an honest Rating and Review. I read each one and it helps tremendously to improve the show. DISCLAIMER: Nothing said on this show should be considered investment advice. Past performance is no guarantee of future results. All investments involve risk and may result in a loss. Investors should consider their investment objectives, risks, charges, and expenses of any and all financial instruments carefully before investing.  

Want to know what I thought were the best, most instructive podcast episodes I’ve heard in 2018? On this podcast episode, in keeping with the season, I give you my Top 5, three on investing in general and two on cryptocurrency specifically, and why I think they are worth your time to listen to. ⟺ FREE ONLINE TRAINING: Sign up for "How A Little, Little Bit of Bitcoin Can Increase Returns AND Hedge Against Financial Crisis", at https://sanecrypto.com/retirement FULL SHOW NOTES ARE AVAILABLE AT: https://sanecrypto.com/podcast QUESTIONS OR FEEDBACK: Email:askkim@sanecrypto.com Twitter: @sanecrypto SUBSCRIBE, RATE AND REVIEW: Hope you will subscribe so you don’t miss any episodes and, of course, give us an honest Rating and Review. I read each one and it helps tremendously to improve the show. DISCLAIMER: Nothing said on this show should be considered investment advice. Past performance is no guarantee of future results. All investments involve risk and may result in a loss. Investors should consider their investment objectives, risks, charges, and expenses of any and all financial instruments carefully before investing.  

I know from firsthand experience that not all financial advice should be treated equally. Many advisors will give you slanted advice in order to further their own agenda. In this episode of the podcast, I cover the 7 red flags of bad financial advice and how to spot them. In this week's conversation, we talk about: ✓ Why people give bad financial advice ✓ The seven signs of bad financial advice ✓ What I learned from being on the receiving end of bad advice ✓ What being an advisor taught me about the industry ⟺ FREE ONLINE TRAINING: Sign up for "How A Little, Little Bit of Bitcoin Can Make Your Retirement Savings Go A Lot, Lot Further", at https://sanecrypto.com/retirement FULL SHOW NOTES ARE AVAILABLE AT: https://sanecrypto.com/podcast QUESTIONS OR FEEDBACK: Email:askkim@sanecrypto.com Twitter: @sanecrypto SUBSCRIBE, RATE AND REVIEW: Hope you will subscribe so you don’t miss any episodes and, of course, give us an honest Rating and Review. I read each one and it helps tremendously to improve the show. DISCLAIMER: Nothing said on this show should be considered investment advice. Past performance is no guarantee of future results. All investments involve risk and may result in a loss. Investors should consider their investment objectives, risks, charges, and expenses of any and all financial instruments carefully before investing.

There's been a lot of concern over where the market is heading for the past few weeks, to put it lightly. And since Bitcoin hasn’t been immune to the sharp drops, many cryptocurrency investors are wondering if it’s time to cut their losses and sell their crypto assets. In this episode of the podcast, I cover whether or not bitcoin is truly dead, whether you should be selling off your assets, and discuss my thoughts on managing investments in a bear market. In this week's conversation, we talk about: ✓ Why I never sell during a downward trend ✓ Why investing is a game of probability, and not of timing ✓ The importance of keeping emotions out of the investing game ✓ How to keep your portfolio protected in a bear market ⟺ FREE ONLINE GUIDE: How A Little, Little Bit of Bitcoin Can Increase Returns AND Hedge Against Financial Crisishttp://kimsnider.com/bearmarket FULL SHOW NOTES ARE AVAILABLE AT: https://sanecrypto.com/podcast QUESTIONS OR FEEDBACK: Email:askkim@sanecrypto.com Twitter: @sanecrypto SUBSCRIBE, RATE AND REVIEW: Hope you will subscribe so you don’t miss any episodes and, of course, give us an honest Rating and Review. I read each one and it helps tremendously to improve the show. DISCLAIMER: Nothing said on this show should be considered investment advice. Past performance is no guarantee of future results. All investments involve risk and may result in a loss. Investors should consider their investment objectives, risks, charges, and expenses of any and all financial instruments carefully before investing.  

Humans have an ingrained herd mentality. When disaster hits, everyone checks to see what the person next to them is doing. We feel safe in the herd. But markets don’t reward the herd, they reward individuals. For an investor, watching stocks fall is a panic-inducing situation. But it’s the investors that don’t panic that come out on top when the market levels back out. In this week's conversation, we talk about: ✓ Why the patient always succeed in the market ✓ When you do what everyone else does, you get what everyone else gets ✓ How to build your portfolio in a way that reduces risk ✓ The importance of updating your risk strategies periodically ✓ Why “playing the market” is never a sound strategy ⟺ FREE ONLINE TRAINING: Sign up for "How A Little, Little Bit of Bitcoin Can Make Your Retirement Savings Go A Lot, Lot Further", at https://sanecrypto.com/retirement FULL SHOW NOTES ARE AVAILABLE AT: https://sanecrypto.com/podcast QUESTIONS OR FEEDBACK: Email:askkim@sanecrypto.com Twitter: @sanecrypto SUBSCRIBE, RATE AND REVIEW: Hope you will subscribe so you don’t miss any episodes and, of course, give us an honest Rating and Review. I read each one and it helps tremendously to improve the show. DISCLAIMER: Nothing said on this show should be considered investment advice. Past performance is no guarantee of future results. All investments involve risk and may result in a loss. Investors should consider their investment objectives, risks, charges, and expenses of any and all financial instruments carefully before investing.  

This week, I got an Ask Kim question from a podcast listener about mistakes that I’ve made as an investor and how they can be avoided. To answer this question, I dive into the biggest financial blunder of my career, how it could have been avoided, what you can learn from it, and how this experience drove me into a career of helping others with their finances. In this week's conversation, we talk about: ✓ What led to my early financial success ✓ How I misplaced that success ✓ The importance of learning how to manage your finances independently ✓ A book I wrote over this very question ✓ Why the best time to get in control of your finances is now ⟺ FREE ONLINE TRAINING: Sign up for "How A Little, Little Bit of Bitcoin Can Make Your Retirement Savings Go A Lot, Lot Further", at https://sanecrypto.com/retirement FULL SHOW NOTES ARE AVAILABLE AT: https://sanecrypto.com/podcast QUESTIONS OR FEEDBACK: Email:askkim@sanecrypto.com Twitter: @sanecrypto SUBSCRIBE, RATE AND REVIEW: Hope you will subscribe so you don’t miss any episodes and, of course, give us an honest Rating and Review. I read each one and it helps tremendously to improve the show. DISCLAIMER: Nothing said on this show should be considered investment advice. Past performance is no guarantee of future results. All investments involve risk and may result in a loss. Investors should consider their investment objectives, risks, charges, and expenses of any and all financial instruments carefully before investing.

Board of Psychiatry and Neurology. She also held a Ph.D. in Brain Anatomy and an M.D. in Psychiatry. I was fortunate enough to be able to interview her back in 2008 about investing strategically in an uncertain economy. As relevant now as it was then, I revisit the interview in this episode of the podcast. In this week's conversation, we talk about: ✓ Why people do “bone-headed” things in the market ✓ What causes emotions to overtake discipline ✓ How to form a plan for investment ✓ How to keep a level head even when going against the herd ⟺ FREE ONLINE TRAINING: Sign up for "How A Little, Little Bit of Bitcoin Can Make Your Retirement Savings Go A Lot, Lot Further", at https://sanecrypto.com/retirement FULL SHOW NOTES ARE AVAILABLE AT: https://sanecrypto.com/podcast QUESTIONS OR FEEDBACK: Email:askkim@sanecrypto.com Twitter: @sanecrypto SUBSCRIBE, RATE AND REVIEW: Hope you will subscribe so you don’t miss any episodes and, of course, give us an honest Rating and Review. I read each one and it helps tremendously to improve the show. DISCLAIMER: Nothing said on this show should be considered investment advice. Past performance is no guarantee of future results. All investments involve risk and may result in a loss. Investors should consider their investment objectives, risks, charges, and expenses of any and all financial instruments carefully before investing.

Just like traditional assets, cryptocurrency is susceptible to thieves and scammers. There have been a lot of stories recently about people being taken advantage of and losing their crypto investment. While these stories are off-putting to say the least, there are measures you can take to protect you and your finances so that you can invest with a greater peace of mind. In this week's conversation, we talk about: ✓ How to use a hardware wallet to protect your cryptocurrency ✓ What a mobile wallet is and how it differs from a hardware wallet ✓ The pros and cons of using a paper wallet ✓ Desktop wallets and how they work ✓ What an online wallet is and how it keeps your crypto safe ⟺ FREE ONLINE TRAINING: Sign up for "How A Little, Little Bit of Bitcoin Can Make Your Retirement Savings Go A Lot, Lot Further", at https://sanecrypto.com/retirement FULL SHOW NOTES ARE AVAILABLE AT: https://sanecrypto.com/podcast QUESTIONS OR FEEDBACK: Email:askkim@sanecrypto.com Twitter: @sanecrypto SUBSCRIBE, RATE AND REVIEW: Hope you will subscribe so you don’t miss any episodes and, of course, give us an honest Rating and Review. I read each one and it helps tremendously to improve the show. DISCLAIMER: Nothing said on this show should be considered investment advice. Past performance is no guarantee of future results. All investments involve risk and may result in a loss. Investors should consider their investment objectives, risks, charges, and expenses of any and all financial instruments carefully before investing.   Just like traditional assets, cryptocurrency is susceptible to thieves and scammers. There have been a lot of stories recently about people being taken advantage of and losing their crypto investment. While these stories are off-putting to say the least,

I was listening to a podcast recently where they interviewed Dan McArdle from Messari about his take on Bitcoin. While we seem to agree for the most part, I there are some nuanced differences between our opinions, and I felt compelled to share my take on the matter. There’s been a lot of talk lately about using Bitcoin as a hedge against inflation and recession, and it’s an area I feel strongly about. In this week's conversation, we talk about: ✓ Why having a non-correlated asset like bitcoin can benefit your portfolio How bitcoin can act as a hedge against hyper inflation and a financial crisis ✓ The fact that bitcoin is an asymmetric bet with a massive upside ⟺ FREE ONLINE TRAINING: Sign up for "How A Little, Little Bit of Bitcoin Can Make Your Retirement Savings Go A Lot, Lot Further", at https://sanecrypto.com/retirement FULL SHOW NOTES ARE AVAILABLE AT: https://sanecrypto.com/podcast QUESTIONS OR FEEDBACK: Email:askkim@sanecrypto.com Twitter: @sanecrypto SUBSCRIBE, RATE AND REVIEW: Hope you will subscribe so you don’t miss any episodes and, of course, give us an honest Rating and Review. I read each one and it helps tremendously to improve the show. DISCLAIMER: Nothing said on this show should be considered investment advice. Past performance is no guarantee of future results. All investments involve risk and may result in a loss. Investors should consider their investment objectives, risks, charges, and expenses of any and all financial instruments carefully before investing.  

Recently, I came across an Ask Kim email from someone who’s financial advisor had told them that bitcoin was a scam, only used by criminals. This infuriated me to no end. It is an investment advisor’s duty to help you make sound financial decisions, and this particular advisor showed his ignorance as well as potentially doing harm to this investor. Rather than sit on it and remain angry, I decided to use it as an opportunity to debunk the top three myths surrounding bitcoin. When you choose to ignore facts in favor of sensationalized myths, you are costing yourself a financial opportunity. In this week's conversation, we talk about: ✓ Why people perpetuate these myths ✓ The myth that bitcoin is only used by terrorists and criminals ✓ The myth that bitcoin has no value, and isn’t backed by anything ✓ The myth that bitcoin is too risky for all but the most speculative investors ✓ The consequences of giving in to these myths ⟺ FREE ONLINE TRAINING: Sign up for "How A Little, Little Bit of Bitcoin Can Make Your Retirement Savings Go A Lot, Lot Further", at https://sanecrypto.com/retirement FULL SHOW NOTES ARE AVAILABLE AT: https://sanecrypto.com/podcast QUESTIONS OR FEEDBACK: Email:askkim@sanecrypto.com Twitter: @sanecrypto SUBSCRIBE, RATE AND REVIEW: Hope you will subscribe so you don’t miss any episodes and, of course, give us an honest Rating and Review. I read each one and it helps tremendously to improve the show. DISCLAIMER: Nothing said on this show should be considered investment advice. Past performance is no guarantee of future results. All investments involve risk and may result in a loss. Investors should consider their investment objectives, risks, charges, and expenses of any and all financial instruments carefully before investing.  

Recently someone asked me why they should invest in bitcoin. A lot of people are interested in where the future of investing is, but they’re apprehensive about investing in cryptocurrency. I think not investing in bitcoin, and not investing in it now, is insane! In this episode I cover why you shouldn’t pass up on the potential that bitcoin has to offer, and why we are in the sweet spot for investing in it. In this week's conversation, we talk about: ✓ Why bitcoin is a non-correlated asset to any of the other assets in a typical portfolio ✓ How bitcoin acts as a hedge against inflation and financial crisis ✓ What makes the upside potential of bitcoin so massive ✓ Why I believe now is the sweet spot of the adoption curve ✓ How big Wall Street players are starting to jump on board for real, and why this means you should invest now ⟺ FREE ONLINE TRAINING: Sign up for "How A Little, Little Bit of Bitcoin Can Make Your Retirement Savings Go A Lot, Lot Further", at https://sanecrypto.com/retirement FULL SHOW NOTES ARE AVAILABLE AT: https://sanecrypto.com/podcast QUESTIONS OR FEEDBACK: Email:askkim@sanecrypto.com Twitter: @sanecrypto SUBSCRIBE, RATE AND REVIEW: Hope you will subscribe so you don’t miss any episodes and, of course, give us an honest Rating and Review. I read each one and it helps tremendously to improve the show. DISCLAIMER: Nothing said on this show should be considered investment advice. Past performance is no guarantee of future results. All investments involve risk and may result in a loss. Investors should consider their investment objectives, risks, charges, and expenses of any and all financial instruments carefully before investing.  

In this week’s episode, I answer a question from Sane Crypto podcast listener Andrew regarding my thoughts on volatility. Volatility is often seen as a negative in the realm of investing, but in reality it can be used as a positive. In response to his question I go through my investing strategy that doesn’t just allow for volatility, but embraces it. In this week's conversation, we talk about: ✓ Why volatility is actually a positive ✓ How to structure your portfolio to embrace volatility ✓ Why you should seek out volatility ✓ The Snider Method of investing ⟺ FREE ONLINE TRAINING: Sign up for "How A Little, Little Bit of Bitcoin Can Make Your Retirement Savings Go A Lot, Lot Further", at https://sanecrypto.com/retirement FULL SHOW NOTES ARE AVAILABLE AT: https://sanecrypto.com/podcast QUESTIONS OR FEEDBACK: Email:askkim@sanecrypto.com Twitter: @sanecrypto SUBSCRIBE, RATE AND REVIEW: Hope you will subscribe so you don’t miss any episodes and, of course, give us an honest Rating and Review. I read each one and it helps tremendously to improve the show. DISCLAIMER: Nothing said on this show should be considered investment advice. Past performance is no guarantee of future results. All investments involve risk and may result in a loss. Investors should consider their investment objectives, risks, charges, and expenses of any and all financial instruments carefully before investing.  

The three biggest mistakes new cryptocurrency investors make are wrong timing, wrong thing, and wrong amount. This week, in elaborating on these mistakes, I revisit an interview I conducted with Dr. Leonard Mlodinow back in 2009, where we discuss how to succeed in a random market. In this week's conversation, we talk about: ✓ Why rats are better at probability than humans are ✓ How do we know markets are random ✓ How does a drunk walk ✓ How many times do we have to play the World Series to know statistically which team is better ✓ If the market is random, how do fund managers and day-trading course, still exist? ⟺ FREE ONLINE TRAINING: Sign up for "How A Little, Little Bit of Bitcoin Can Make Your Retirement Savings Go A Lot, Lot Further", at https://sanecrypto.com/retirement FULL SHOW NOTES ARE AVAILABLE AT: https://sanecrypto.com/podcast QUESTIONS OR FEEDBACK: Email:askkim@sanecrypto.com Twitter: @sanecrypto SUBSCRIBE, RATE AND REVIEW: Hope you will subscribe so you don’t miss any episodes and, of course, give us an honest Rating and Review. I read each one and it helps tremendously to improve the show. DISCLAIMER: Nothing said on this show should be considered investment advice. Past performance is no guarantee of future results. All investments involve risk and may result in a loss. Investors should consider their investment objectives, risks, charges, and expenses of any and all financial instruments carefully before investing.  

Market timing is as tempting a strategy as playing the lottery, but is it actually a viable strategy? In this interview with professor of finance Dr. Meir Statman we discuss whether or not you should attempt timing the market, how to manage financial temptations, how to use behavioral finance to your advantage, and how this relates to cryptocurrency assets. In this week's conversation, we talk about: ✓ How behavioral finance helps us understand the investment decisions we make ✓ Why market timing is so seductive, even when we know better ✓ Why investment success stories are as misleading as lottery success stories ✓ Why neither fear or exuberance are good investment guides ✓ How structure helps manage fear and greed ✓ What to look for in an investment advisor or mentor ⟺ FREE ONLINE TRAINING: Sign up for "How A Little, Little Bit of Bitcoin Can Make Your Retirement Savings Go A Lot, Lot Further", at https://sanecrypto.com/retirement FULL SHOW NOTES ARE AVAILABLE AT: https://sanecrypto.com/podcast QUESTIONS OR FEEDBACK: Email:askkim@sanecrypto.com Twitter: @sanecrypto SUBSCRIBE, RATE AND REVIEW: Hope you will subscribe so you don’t miss any episodes and, of course, give us an honest Rating and Review. I read each one and it helps tremendously to improve the show. DISCLAIMER: Nothing said on this show should be considered investment advice. Past performance is no guarantee of future results. All investments involve risk and may result in a loss. Investors should consider their investment objectives, risks, charges, and expenses of any and all financial instruments carefully before investing.

A lot of people ask me, “Is Bitcoin really a good investment?” This week I breakdown how to use Bitcoin to reduce risk so that you can understand why it's not only a good investment, but an essential investment. In a world where anything is possible, diversifying your money by holding native currency, cryptocurrency, and some gold helps ensure that you can offset unexpected financial issues. In this week's conversation, we talk about: ✓ What makes Sane Crypto sane? ✓ How I think about investing ✓ What holds people back from investing in Bitcoin ✓ The three ways bitcoin reduces risk ⟺ FREE ONLINE TRAINING: Sign up for "How A Little, Little Bit of Bitcoin Can Make Your Retirement Savings Go A Lot, Lot Further", at https://sanecrypto.com/retirement FULL SHOW NOTES ARE AVAILABLE AT: https://sanecrypto.com/podcast QUESTIONS OR FEEDBACK: Email:askkim@sanecrypto.com Twitter: @sanecrypto SUBSCRIBE, RATE AND REVIEW: Hope you will subscribe so you don’t miss any episodes and, of course, give us an honest Rating and Review. I read each one and it helps tremendously to improve the show. DISCLAIMER: Nothing said on this show should be considered investment advice. Past performance is no guarantee of future results. All investments involve risk and may result in a loss. Investors should consider their investment objectives, risks, charges, and expenses of any and all financial instruments carefully before investing.  

Over the weekend I had a conversation with a good friend of mine who is interested in Bitcoin but has no clue how to purchase it. I did my best to break down all of the convoluted terms and steps so that you can see just how simple and painless the process actually is. If you find yourself interested in Bitcoin but intimidated by how involved it seems from the outside, this episode is for you! In this week's conversation, we talk about: ✓ How to setup and add money to an exchange account ✓ How to exchange that money for cryptocurrency ✓ How to move your crypto assets to a hardware wallet ✓ Explaining terms that might be foreign to crypto beginners (like exchange accounts, hardware wallet, etc.) ⟺ FREE ONLINE TRAINING: Sign up for "How A Little, Little Bit of Bitcoin Can Make Your Retirement Savings Go A Lot, Lot Further", at https://sanecrypto.com/retirement FULL SHOW NOTES ARE AVAILABLE AT: https://sanecrypto.com/podcast QUESTIONS OR FEEDBACK: Email:askkim@sanecrypto.com Twitter: @sanecrypto SUBSCRIBE, RATE AND REVIEW: Hope you will subscribe so you don’t miss any episodes and, of course, give us an honest Rating and Review. I read each one and it helps tremendously to improve the show. DISCLAIMER: Nothing said on this show should be considered investment advice. Past performance is no guarantee of future results. All investments involve risk and may result in a loss. Investors should consider their investment objectives, risks, charges, and expenses of any and all financial instruments carefully before investing.

This week, we are, once again, going back to the listener mailbag. I got this email, a week or so ago from Doug in Florida: My employer recently changed our health insurance plan, and I'm now able to easily invest in bitcoin via the CXBTF fund in my HSA. If bitcoin takes off, I think this would be a great way to take care of health care expenses in retirement, and avoid capital gains taxes. The only difference I see between using an HSA instead of a Roth IRA is that to avoid taxes with the HSA, I need to use it only for health related expenses. Do you think this is a good idea? Are there other drawbacks that I'm missing?" In response to Doug's question, we talk about: ✓ Should you invest your HSA in Bitcoin? Or anything else? ✓ Should you invest your Roth IRA in Bitcoin? ✓ Backdoor Roth for high income earners ✓ How should you invest retirement funds? Checkbook IRA? GBTC? Or CXBTF? ⟺ FREE ONLINE TRAINING: Sign up for "How A Little, Little Bit of Bitcoin Can Make Your Retirement Savings Go A Lot, Lot Further", at https://sanecrypto.com/retirement FULL SHOW NOTES ARE AVAILABLE AT: https://sanecrypto.com/podcast QUESTIONS OR FEEDBACK: Email:askkim@sanecrypto.com Twitter: @sanecrypto SUBSCRIBE, RATE AND REVIEW: Hope you will subscribe so you don’t miss any episodes and, of course, give us an honest Rating and Review. I read each one and it helps tremendously to improve the show. DISCLAIMER: Nothing said on this show should be considered investment advice. Past performance is no guarantee of future results. All investments involve risk and may result in a loss. Investors should consider their investment objectives, risks, charges, and expenses of any and all financial instruments carefully before investing.  

I was looking at the Q&A site Quora the other day. A common question around cryptocurrency is “What is your best cryptocurrency investing advice?” The answers were your standard fare… things like #HODL, don’t invest more than you can afford to lose, doing lots of research, blah blah blah. Mine is control your lizard brain. If you can’t do that, nothing else will matter. So I decided to go to the wayback machine and dust off an interview I did with Terry Burnham, author of Mean Markets and Lizard Brains, for my radio show, all the way back in 2005. Being an interview from 2005, Bitcoin wasn’t even a glimmer in Satoshi Nakamoto’s eye yet. But everything we say about the stock market is equally applicable to cryptoassets since, as I keep reminding you, just because crypto is a new asset class, all the same rules of investing still apply. Terry Burnham is a leader in the application of biology to economics and finance. He was an economics professor at Harvard for many years, be the beginning at the Kennedy school and most recently at the Harvard Business School is biological logical research, has taken him to Africa to observe wild chimpanzees and to the laboratory to study the role of testosterone in negotiation. He is coauthor of the international best seller, Mean Genes. Before joining the Harvard Faculty, he worked at Goldman Sachs and was the president and cfo of the successful startup biotech firm. Our conversation covers: ✓ Terry’s very diverse background ✓ Where he fits in the various schools of economic thought ✓ How those two schools are mirrored in our physical brains ✓ How our prehistoric lizard brain affects our investment decisions ✓ What is the answer? How do we fight back? ✓ His best investing advice ⟺ FREE ONLINE TRAINING: Sign up for "How A Little, Little Bit of Bitcoin Can Make Your Retirement Savings Go A Lot, Lot Further", at https://sanecrypto.com/retirement FULL SHOW NOTES ARE AVAILABLE AT: https://sanecrypto.com/podcast QUESTIONS OR FEEDBACK: Email:askkim@sanecrypto.com Twitter: @sanecrypto SUBSCRIBE, RATE AND REVIEW: Hope you will subscribe so you don’t miss any episodes and, of course, give us an honest Rating and Review. I read each one and it helps tremendously to improve the show. DISCLAIMER: Nothing said on this show should be considered investment advice. Past performance is no guarantee of future results. All investments involve risk and may result in a loss. Investors should consider their investment objectives, risks, charges, and expenses of any and all financial instruments carefully before investing.  

What is the best strategy for investing in bitcoin? How does it fit in an overall portfolio? How much should I invest? Should I invest in other cryptoassets besides just bitcoin? These are all important questions that must be answered. So that is exactly what M.C. Laubscher and I did when he interviewed me for his top-rated, Cashflow Ninja podcast. In a pretty wide-ranging conversation, we talked about: ✓ How Wall Street lost all my money and that started my career in investing ✓ How I got into cryptocurrency ✓ Why the most important job of a portfolio is cash flow ✓ My waterfall approach to asset allocation ✓ Creating a portfolio that is market agnostic ✓ Cryptocurrency as a new asset class - all the same rules apply ✓ Fundamental rules of investing and how do we apply them to cryptoassets ✓ Pascal’s Wager ✓ How much of my portfolio should be in Bitcoin? ✓ My opinion on regulation ✓ Why I don’t invest in ICOs ✓ What three principles would I pass down to future generations to leave the world a better place ⟺ RECOMMENDED READING AND RESOURCES LIST: Get my full, hand-curated, Recommended Reading and Resources List at https://sanecrypto.com/reading FREE ONLINE TRAINING: Sign up for "How A Little, Little Bit of Bitcoin Can Make Your Retirement Savings Go A Lot, Lot Further", at https://sanecrypto.com/retirement FULL SHOW NOTES ARE AVAILABLE AT: https://sanecrypto.com/podcast QUESTIONS OR FEEDBACK: Email:askkim@sanecrypto.com Twitter: @sanecrypto SUBSCRIBE, RATE AND REVIEW: Hope you will subscribe so you don’t miss any episodes and, of course, give us an honest Rating and Review. I read each one and it helps tremendously to improve the show. DISCLAIMER: Nothing said on this show should be considered investment advice. Past performance is no guarantee of future results. All investments involve risk and may result in a loss. Investors should consider their investment objectives, risks, charges, and expenses of any and all financial instruments carefully before investing.