Are NFTs legit?– with Siam Kidd
On a Mission Podcast - A podcast by Ellie McKay - Mondays
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This week I’m on a mission with crypto legend Siam Kidd where we discuss the concept and meaning of cryptocurrency and how he went from being in the RAF pilot to earning £30k a day in passive income from his 7 figure crypto portfolio. In this unmissable episode, we discuss what the future holds for cryptocurrency, how NFTs work and why 99% of them should be avoided and how a possible stock market crash could be just what we need... For anyone serious about building wealth, this is a must! KEY TAKEAWAYS Crypto can be best described as “magic internet money”. Even traditional currency forms, these days, are simply digital numbers being moved around. Anything has value when a certain critical mass of people believe that it is valuable. Ultimately, the price of anything is what a buyer is willing to pay, but this belief can be influenced. Expect the unexpected when it comes to online trading, password protection and Bitcoin. We are still figuring out the rules, and it is wise to be cautious. Always avoid dodgy websites that have numerous pop-ups as they can leave cookies and trackers on your computer that can compromise your security, and by extension, your crypto wallet. There are pieces of software that can help to protect you. BEST MOMENTS 'Crypto is the only real monetary sovereignty that humans have ever had.' 'If you look at a company like Apple, you have no idea what they’re doing with their money!' 'One of the biggest incongruence is people saying “I want to be rich”…and then doing nothing about it.' 'The real world, crazy revolutionising thing with NFT’s, is not NFT’s themselves, it’s tokenization. That is a game changer.' VALUABLE RESOURCES On A Mission - https://omny.fm/shows/on-a-mission Siam Kidd - https://www.TheRealisticTrader.com Siam Kidd Facebook - https://www.facebook.com/therealistictrader/ Siam Kidd Linkedin - https://www.linkedin.com/in/siamkidd/ YouTube: https://www.youtube.com/c/EllieMckay