In this clip from the LeoFinance Podcast, Mitch and Khal give a beginner talk on how to get started in both crypto and TradFi investing. We talk about some of the common pitfalls people engage in.
Investing is only effective when you are inextricably linked to a pattern of good habits. Anyone who doesn't follow good practices when investing is subject to all of the major mistakes that we always here about.
In Crypto, these effects are dramatically increased as the layers of complexity stack.
In this clip:
- We are all guilty of using apps or engage in practices we don’t understand
- Investing can be easy but not effective if you don’t know what you are doing
- It’s always a must to be informed and research before investing
- The minority of investors both in stocks and crypto are those who make the most out of the investment, but the majority of those who are invested don’t know what they are doing, this is why so many people end up losing money
About LeoFinance
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage & share micro and long-form content on the blockchain while earning cryptocurrency rewards.
Our mission is to democratize financial knowledge and access with Web3.
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Our Hive Applications
Join Web3: https://leofinance.io/
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LeoMobile (Android): https://play.google.com/store/apps/details?id=io.leofi.mobile
Delegate HIVE POWER: Earn 16% APR, Paid Daily. Currently @ 2.8M HP
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Earn 50%+ APR on HIVE/HBD: https://cubdefi.com/farms
Web3 & DeFi
Web3 is about more than social media. It encompasses a personal revolution in financial awareness and data ownership. We've merged the two with our Social Apps and our DeFi Apps:
CubFinance (BSC): https://cubdefi.com
PolyCUB (Polygon): https://polycub.com
Multi-Token Bridge (Bridge HIVE, HBD, LEO): https://wleo.io