close

teeka tiwari reviews
how to invest in hive blockchain in the united states


is teeka tiwari an expert in identifying the best crypto currencies?
teeka tiwari cryptocurrency picks
teeka tiwari + complaints
teeka tiwari cbd stock
smart crypto course teeka tiwari

So, a lot of people find that too troublesome, and that's why the people that are actually making the most amount of money today in cryptocurrencies are the early adopters: individuals that are willing to put in maybe the 20 minutes required to go through a procedure which simply takes 5 minutes if you want to set up a brokerage account.

" Oh Teeka, we like your concepts, but gosh, setting up a crypto account is so tough." What I inform them is I say, "Look, when it's easy as going to your Fidelity account, Bitcoin will be $20,000 a coin," right? The whole cryptocurrency market will be 10x larger. So you're actually really getting paid an enormous quantity of cash to go through possibly, you know, 20 minutes of a nuisance.

So you can't purchase Bitcoin yet through their trading platform, however it is just a concern of time, Ryan, before you'll be able to purchase cryptocurrencies directly through your trading software. And can you picture what will happen to this whole marketplace when purchasing Bitcoin or any cryptocurrency is as simple as shooting up your e-trade, or fidelity tradings platform.

Today you mentioned the procedure that individuals go through, and one thing I wish to bring to light too that you didn't point out, however I know a lot of folks who deal with this too, is oh, and by the method, you can only purchase $1,000 a week. Or you can only purchase $500 a week.

As hard as possible, best, like Coinbase. It 'd take me forever prior to I might begin buying in size on Coinbase. They're like, well, we'll let you purchase $500 a week, Teeka. I indicate, it's if you keep in mind the early days of the Internet, when we were getting on the Internet, we were doing it with 56k modems, right? I indicate it would take 20 minutes to pack a page.

Even when AOL came on board, and you 'd call AOL, and you 'd be on hold for 90 minutes. I mean, we remain in the early days of that technology, however similar to during that time period, for the folks that had the vision to see where the future was going, and after that bought in on a few of these young business, they made an absolute fortune.

Mm-hmm (affirmative). And let's take an action back for a second, due to the fact that I'm constantly curious to talk with people who are, specifically somebody like yourself, who's dedicated the last, you know, the bulk of the last couple of years to truly go both feet in on this. How do you describe cryptocurrency to like an average individual? That's an excellent question.

They're 2 absolutely different things, however they're both called cryptocurrencies. A cryptocurrency is a cryptographic token that is trying to be an alternative to money. So Bitcoin would be a cryptocurrency. And so what provides it value is that it is, there's just going to be a limited amount. There'll never be more than 21 million Bitcoin.

There are billions of dollars worth of computer systems, validating the transactions on the Bitcoin network. And so if you take a look at that Bitcoin network, people constantly try to hack it. But because of the nature of the network, today it's been unhackable. And really, with current innovation, the Bitcoin network is so big today, you can't co-opt it, you can't take it over.

Therefore when individuals put, you've got individuals who have actually own billions of dollars worth of Bitcoin. And they're making that bet since they're stating, "We don't trust paper currency, you can print an unlimited amount of it. It's really not protect, and the federal government can take it away from you." - Whereas with Bitcoin, ideal , go on.

Yeah. Or individuals that remained in Cypress, or just people who have suffered through either devaluation, or there's a high need for, in Argentina for instance, high need for a black market of U.S. dollars. Correct. Are those nations that could potentially be a catalyst for more adoption, because they currently do not think in their own currency? Yeah, and I believe we have actually currently seen that.

So yes, and this is a thing that a lot of American or Western investors have a difficult time getting their head around. They're like, "Well I do not require Bitcoin, I have money." Well yeah, you're right, you've got a stable currency, right? You don't need Bitcoin. But there are billions of individuals on the planet that don't have stable currencies.

Yeah. Therefore there's this whole growing global need for cryptocurrencies. So anyhow, that's one coin, cryptocurrencies, and there's a whole 'nother coin called energy coins. And utility coins are basically used, let's state Ethereum, which a lot of people understand about Ethereum. Ethereum is essentially a worldwide computer system that you can compose computer system programs for and run computer system programs on an internationally decentralized computer program.

So we think about something like Ether an utility token, due to the fact that you're basically purchasing programs power. So I wouldn't actually think about Ether a cryptocurrency, I would call them an utility coin. Okay. And there are other ones out there, to give people a concept, like a really basic one that I would envision you 'd called an utility token, resembles FileCoin.

Where the concept is that basically you're hosting files through a peer-based network, and there's type of this very same type of network result that you have with Bitcoin, where it resembles unstoppable kind of thing, due to the fact that it's on a lot of various locations and. I don't understand the ins and outs of it, however as an example for someone who might simply be extremely fundamental in their understanding of this, there are so numerous various types of utilities that are readily available.

And you sort of mentioned having this boots on the ground experience. Now, because we're taking a look at the bulk of these are probably utility based, remedy? Mm-hmm (affirmative). The majority of the coins that I suggest and look at are utility-based. We have a couple of cryptocurrencies, however I believe the real opportunity depends on the energy coin space.

There's all of these ICOs that were occurring, those slowed down a bit with some changes to a couple of things that was going on, but people are going to come out of the woodwork and start to create energy coins- Correct, yeah. And people need to comprehend that not all energy coins are created equivalent.

So you have the advantage of devoting your occupation to this, so you can head out there and do the reconnaissance, you can fulfill the creators, you can check the code, etc. However for a typical individual, there's now what, over 1,000 different types of coins available, nearly 1,200 I think.

How do they do that? That's a terrific concern. I will say that 95% of ICOs are either deceitful or just bad ideas. Okay. Right? There's nothing worse than someone that's young, earnest, with an awful idea, that somebody gives $40 million to. Right? Yeah, totally. So yeah, so I don't really take part in numerous ICOs, and I suggest you probably side action that market, unless you've got a special relationship, and you can participate the pre-ICO, and then blow it out when it trades.

'Cause normally it'll crash 80% or two. And that's when we truly start looking at the idea in more information. So here are some fast and dirty things that you should look at, right? So, one is, are they resolving an issue that requires to be solved? One of the huge disadvantages with extremely clever, technical people, is that they like to fix problems that nobody cares about resolving.

Does the group have experience of performing in an effective way in another location of their life? And it does not even need to be straight related to cryptocurrency, it does not have to be even straight associated to software application, right? So, however I wish to see a performance history of success in something, right? If it's 4 men in a space that are simply out of college, unless they have actually got some truly excellent advisors behind them, I'm probably not going to offer them any cash.

Yeah. I think that in marketing in general, my world of company, we continuously try to find issues and how we can resolve them. Now, are the issues things that people are attempting to fix a part of the Blockchain normally? Or would you say it's much better if they're fixing kind of a mass issue? Something like FileCoin, or something else that would be more mass appeal? Or is it a mix of both? Well I'm essentially looking for services that, so I'll offer you an example.

And the factor that we bought it is due to the fact that they found a way to make files tamper-proof, and it's 99% cheaper than present innovation, right? So that's yeah, it's a no-brainer, right? Right. And then on top of that, the man that started it has a track record of developing computer system programs that whole states run their whole operations on, right? So you've got alright, the smart man has constructed substantial computer programs, excellent group, fixing a massive issue that is going to cut substantial expenses.

I suggest, it doesn't get any simpler than that in terms of deciding who to put money behind. And a lot of this is typical sense, and a lot of folks will try to make things more complex than it is. And I have a really simple guideline, Ryan. If I don't comprehend something, I put up my hand, and I say, "I didn't comprehend what you simply said." Mm-hmm (affirmative).

And then if the person that you're talking with can't dumb it down enough where you comprehend it, then it's most likely not a good concept. Right, right. It's going to be easy to comprehend. And do you feel that you have years of experience examining companies and taking a look at much, much bigger companies.

Ryan: So you've taken a look at companies that are big business, you've assessed much larger marketcap type situations. Do you feel that that experience has helped you? Or are we in such, kind of the infancy, that as you discussed, it is nearly just good sense. You simply need to kind of take a look at it and believe rationally about what's going on, and pull the emotion out? You have to pull the feeling out, and there are no conventional metrics that you can look at.

Okay. What I can use that I gained from dealing with Wall Street across three years, is how to check out people. I've fulfilled tens of thousands of people throughout my career. I have actually fulfilled experts; I have actually met fund supervisors, I have actually fulfilled stock promoters, I've met all these various kinds of characters along the way.

So I think that's probably one of my incredibly powers, if you will. And if you have actually got a good BS detector, you ought to listen to it. Okay. You must definitely listen to it. If I'm sitting down and I'm talking with someone, and they've got all the bonifides, but you understand, there's just; it's not sitting well with me, there's something about them that's not agreeing with me.

There are so lots of other deals out there to take a look at. Yeah, there's too much chance. Yeah. And speaking of chance, you understand, you type of mentioned at the beginning, Bitcoin and Ethereum, the majority of people have actually heard of these 2, especially Bitcoin, since it appears like it remains in the news all the time, something or the other.

Have they failed on Bitcoin? Bitcoin is trading almost upwards of $6,000 just recently; it's shown up from state $3,000 not too long ago, it's rather unstable. Do they sort of await a pullback, or do they just state, "Okay, I'm going to purchase some Ethereum, I'm going to purchase some Bitcoin, see you in ten years." You understand? Yeah that's a great concern.

***