In this episode, let us delve into what technology means in passive income generation. Discover the future of crypto, by understanding its past, and what to look for when investing in crypto coins.
Phil Champagne is the author of Hammock Income and the Book of Satoshi, and the managing director for Wren Investment Group, LLC which specializes on stabilized value-add apartment properties.
Phil shares the implications to the future of factors like gold, silver and cryptocurrencies to the future of passive income investing and wealth generation.
Join us in this conversation to find out more!
Phil has a special offer for you
- Check out these recommended resources from Phil on how you can earn passive income and make your money work better for you:
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- Get the book Hammock Income HERE
- And the Book of Satoshi HERE
- Phil also champions investing in Tezos. Find out more what Tezos means for the future of passive income and if it is the right investment for you HERE.
- Subscribe to The Hidden Secrets of Money to find out more about how you can make your money work for you HERE.
Connect with Phil:
- Twitter: @egg_descrambler
- Wren Investment
Phil’s Best Investment
- His best investment was bitcoin, of course.
Phil’s Worst Investment
- Phil invested in a company involved in the development of new technology for car batteries which was a very speculative investment. Be careful when putting in money on speculative ventures, although on the other side of the puzzle, is when you win in a speculative venture, you would say I should have put in a little bit more. Like in bitcoin.
Phil’s Most important investing lesson
- The network effect is important when investing in cryptocurrencies, including the infrastructure built around it. There are a thousand or more cryptocurrencies out there.