WEBVTT - The Diva Of Investing 0:00:04.600 --> 0:00:07.680 So the big question is this, how do investors like 0:00:07.880 --> 0:00:11.800 us get access to the ideas, information, and most importantly, 0:00:12.039 --> 0:00:14.880 the right people that give us the tools of information 0:00:15.000 --> 0:00:19.000 we need to make informed and educated decisions to have success. 0:00:19.600 --> 0:00:22.360 That is the question, and this podcast will give us 0:00:22.360 --> 0:00:25.480 the answers. This is Mark Moss, your host. Let's get 0:00:25.520 --> 0:00:28.920 this started. Welcome to another episode of the Market Disruptors podcast, 0:00:29.000 --> 0:00:32.240 and I am super excited to announce our guest today, 0:00:32.400 --> 0:00:37.159 Keanya Danielle, and she is from Investing Divas as well 0:00:37.200 --> 0:00:41.840 as she's written the new book Cryptocurrency Investing for Dummy. 0:00:41.960 --> 0:00:43.879 She's been all over the news promoting this and we 0:00:43.920 --> 0:00:46.440 have her here live. We're gonna ask her all the questions. 0:00:46.560 --> 0:00:49.919 She has amazing and fascinating background, having lived in three 0:00:49.960 --> 0:00:52.600 different countries, and she really brings a whole new perspective 0:00:52.800 --> 0:00:55.920 to bit quinn, the blockchain and investing into it. And 0:00:55.960 --> 0:00:58.000 you've gotta stay tuned because she's gonna give us our 0:00:58.040 --> 0:01:01.960 biggest tips for investing in the space. So I'm super excited. 0:01:02.040 --> 0:01:05.240 Let's go ahead and jump right into it. All right, 0:01:05.360 --> 0:01:08.119 Welcome everybody to the Market Disruptors Podcast. Today we are 0:01:08.240 --> 0:01:12.280 joined with Keyana Danielle, who is an amazing, fascinating guest. 0:01:12.400 --> 0:01:14.600 She has a she has a kind of a long 0:01:14.640 --> 0:01:16.960 way around that she got into the investing space into 0:01:16.959 --> 0:01:19.640 Wall Street, and uh, I'm super happy to have her today. 0:01:19.680 --> 0:01:22.880 We're gonna learn a lot, so welcome, Thank you for 0:01:22.920 --> 0:01:28.280 having me. All Right, So, for everybody who isn't familiar you, uh, 0:01:28.319 --> 0:01:30.280 you're kind of all over the news lately. You have 0:01:30.360 --> 0:01:33.560 a book that you've recently come out with, Cryptocurrency Investing 0:01:33.600 --> 0:01:36.600 for Dummies, and I've seen mooting that all over the place. 0:01:36.640 --> 0:01:39.160 We'll talk about that. Yeah, there we go, Cryptocurrency Investing 0:01:39.200 --> 0:01:41.839 for Dummies. And then you also have the invest diva 0:01:41.920 --> 0:01:45.399 brand um where you also teach a lot about investing 0:01:45.440 --> 0:01:49.040 into all different types of markets and so forth. Um, 0:01:49.160 --> 0:01:50.680 so I want to talk about both of those. But 0:01:51.080 --> 0:01:53.560 tell us for everybody listening who doesn't know about the 0:01:53.600 --> 0:01:55.840 book and investing, but tell us about who you are 0:01:55.880 --> 0:01:58.360 and how you got to where you are right now. Oh, 0:01:58.400 --> 0:02:03.680 that's a very very long story. Let's make sure i'm not. 0:02:04.480 --> 0:02:06.360 Let let's start with actually where I started, because I 0:02:06.680 --> 0:02:09.919 think that is. Let's start with you were in Japan 0:02:10.160 --> 0:02:13.520 going to school, right, and that's what we heard as far. 0:02:13.680 --> 0:02:16.520 So um, yeah, I wasn't even born in the US. 0:02:16.560 --> 0:02:19.560 I went to Japan to study electrical engineering because nothing 0:02:19.600 --> 0:02:25.400 to do with investing. I was born in Iran, okay, 0:02:25.840 --> 0:02:30.160 so um. I got a scholarge to go study there, 0:02:30.480 --> 0:02:33.320 and I wasn't planning to stay there for long actually, 0:02:33.360 --> 0:02:35.720 but I kind of went there. The first six months 0:02:35.720 --> 0:02:37.640 was awesome, like, oh my god, was so cool. So 0:02:37.720 --> 0:02:42.160 I decided to stay and study for six years. Um. 0:02:42.240 --> 0:02:44.920 But I was always the only girl in my class 0:02:45.320 --> 0:02:48.560 and it was cool. At the beginning. I thought I'm 0:02:48.560 --> 0:02:50.400 gonna get hit on a lot, but I didn't. It 0:02:50.480 --> 0:02:53.040 was like geeky Japanese guys, engineers, you know what he was. 0:02:53.080 --> 0:02:56.080 Even anyways, it was kind of tough really to study 0:02:56.080 --> 0:02:58.639 engineering in Japanese, and I was constantly looking for a 0:02:58.680 --> 0:03:01.120 way out of it. And then two thousand eight market 0:03:01.160 --> 0:03:04.400 crash happened. I had no idea about the markets, what 0:03:04.560 --> 0:03:07.960 financial prices mean, who Lemon brothers are like. I had 0:03:08.160 --> 0:03:11.720 literally zero understanding of the financial markets. But all I 0:03:11.720 --> 0:03:13.880 could hear was that the US dollar is dropping, and 0:03:13.880 --> 0:03:16.520 I'm like, okay, I'm in Japan. I have Japanese yen, 0:03:17.560 --> 0:03:20.640 and the US dollar is dropping. My family's in the US, 0:03:20.880 --> 0:03:23.799 maybe I should buy the U. S dollar at the 0:03:23.880 --> 0:03:25.680 cheaper price. So I was like, oh, this is gold, 0:03:25.680 --> 0:03:27.640 so maybe I should do that. And I bought a 0:03:27.680 --> 0:03:29.760 tiny bit of U. S. Dollar. I converted a little 0:03:29.800 --> 0:03:32.440 bit of it. At the beginning, it was like, uh, 0:03:32.560 --> 0:03:35.720 July two thousand eight. And then the next day I 0:03:35.720 --> 0:03:37.920 went to the A T machine the dollar was even lower, Like, 0:03:38.000 --> 0:03:40.320 oh my god, I shouldn't have like exchange es today, 0:03:40.320 --> 0:03:42.200 today's even lower. And every day I went to the 0:03:42.320 --> 0:03:44.400 ATM machine it was even going low and lawn and lawer. 0:03:44.600 --> 0:03:46.320 I was like, what how can I automate this? Like 0:03:46.360 --> 0:03:49.040 I want to like buy you so at the bottom, 0:03:49.120 --> 0:03:51.680 Like what do I do? And Adam Nor like one 0:03:51.720 --> 0:03:53.760 of my friends, are like hey, like it can trade 0:03:53.800 --> 0:03:56.280 for us and even like use levelage and that of 0:03:56.320 --> 0:03:58.480 them like what are you talking about? Like just trust him? 0:03:58.480 --> 0:04:02.520 So he basically create a forest account for me. Uh. 0:04:02.680 --> 0:04:07.200 We shorted dollar dollar yen and we had like this 0:04:08.080 --> 0:04:10.720 profit taking limit order of the fourteen time leverage. I 0:04:10.720 --> 0:04:13.000 had no idea what happened, but within a month I 0:04:13.040 --> 0:04:15.960 made sellars and like, oh my god, this is so cool. 0:04:17.800 --> 0:04:20.080 And so that's so that's how I was like, Okay, 0:04:20.120 --> 0:04:23.400 I want to really get into this and that at 0:04:23.440 --> 0:04:26.120 that point, that was your first Uh you're an engineer, 0:04:26.640 --> 0:04:30.039 you're in Japan, your that was your first step into investing. 0:04:30.080 --> 0:04:32.279 But you had somebody there, I guess mentoring you. It 0:04:32.320 --> 0:04:35.479 sounds like, so this was just a friend to help 0:04:35.520 --> 0:04:39.080 me out. But that was enough for me to kind 0:04:39.080 --> 0:04:41.960 of trigger the interest and investing, and I'm like, okay, 0:04:42.240 --> 0:04:44.520 maybe I should like invest I started learning about it, 0:04:44.520 --> 0:04:47.800 but it was so tough that I was like, maybe 0:04:47.839 --> 0:04:49.720 I shouldn't do myself. Maybe I should get a money 0:04:49.760 --> 0:04:51.800 manager to do it for this first. This person that 0:04:51.839 --> 0:04:53.640 helped you and knew about the forex market to knew 0:04:53.640 --> 0:04:55.880 about leverage. They knew enough to point you in the 0:04:55.920 --> 0:04:59.159 right direction, but not really enough to help you. That 0:04:59.279 --> 0:05:02.240 was just a friend helping me. Yeah, he doesn't, he doesn't. 0:05:02.279 --> 0:05:04.839 He didn't want to like teach me how to like 0:05:04.839 --> 0:05:07.400 we just talked about it. Once you set up an 0:05:07.400 --> 0:05:09.599 account and that was it. They just pointed you in 0:05:09.600 --> 0:05:13.479 the right direction and you I still didn't know what's happening, 0:05:13.480 --> 0:05:15.479 and I still didn't know exactly how I made the 0:05:15.480 --> 0:05:17.640 ten dollar. I was like, oh, but this is cool, 0:05:18.600 --> 0:05:21.040 but it was kind of complicated that I was like, 0:05:21.360 --> 0:05:23.520 maybe I should just hire a money money manager to 0:05:23.560 --> 0:05:26.560 do this for me. And that's what I did, and 0:05:26.600 --> 0:05:29.240 I hired somebody I don't know. This was called Frends 0:05:29.279 --> 0:05:32.600 Providence from the UK in Japan, I don't know. Anyways, 0:05:32.600 --> 0:05:35.559 the guy completely scamped me, ran away with my money, 0:05:35.760 --> 0:05:37.640 and that was enough for me. I was like, Okay, 0:05:37.839 --> 0:05:40.000 the student be that hard, I probably can't learn it. 0:05:40.640 --> 0:05:42.760 So I just quit everything in Japan. I was like, 0:05:42.800 --> 0:05:44.960 I'm going to Wall Street. So I came to the 0:05:45.080 --> 0:05:47.680 U S I started working on I got a job 0:05:48.200 --> 0:05:51.599 on Wall Stroom within two weeks of my arrival, and 0:05:51.640 --> 0:05:55.080 that's how I really started learning about how this whole 0:05:55.080 --> 0:05:58.800 thing works. That is like ten years ago. So was 0:05:58.839 --> 0:06:02.359 that a job on Wall Street? Yep? Wow? And actually 0:06:02.520 --> 0:06:04.640 multiple so this one and that was. This one was 0:06:04.680 --> 0:06:09.200 at a broker actually that was also doing shady stuff, 0:06:10.000 --> 0:06:12.359 and I was like, ah, this is interesting. I was 0:06:12.480 --> 0:06:16.520 learning all about the back things like this, you know, 0:06:16.720 --> 0:06:19.440 really horrible things that we were doing. Back broker doesn't 0:06:19.440 --> 0:06:23.640 exist anymore. Um, But so then that is how I 0:06:23.680 --> 0:06:27.200 decided to I learned about what's happening. And how to invest. 0:06:27.760 --> 0:06:30.000 But I also learned how many people are losing money 0:06:30.440 --> 0:06:33.080 because of the shady things that are going down. So 0:06:33.160 --> 0:06:36.520 that's how I kind of became passionate about educating people 0:06:36.600 --> 0:06:39.520 who were like me who wanted to invest it in 0:06:39.680 --> 0:06:42.960 where to start and had started and we're losing money. 0:06:42.960 --> 0:06:45.640 Because that is how I realized the first time I 0:06:45.640 --> 0:06:48.520 met money in Florence, I really got lucky. It was 0:06:48.600 --> 0:06:52.200 like pure luck that I made money. Um, but I 0:06:52.240 --> 0:06:55.520 didn't want like other people to make mistakes and like 0:06:55.640 --> 0:06:59.120 just depending on luck. So that's how I started Investida, 0:06:59.720 --> 0:07:03.279 but the mission to really educate people about investing. So 0:07:03.320 --> 0:07:06.120 I started with four X and I expanded to stop 0:07:06.200 --> 0:07:09.479 market and options futures, and then of course I was 0:07:09.800 --> 0:07:14.320 kind of delayed to krypto, but uh two thousand and sixteen, 0:07:14.360 --> 0:07:16.840 that is when I got into crypto and I got 0:07:16.920 --> 0:07:20.160 really that was super exciting for me. So that's how 0:07:20.200 --> 0:07:23.200 I just, you know, I went down the rabbit hole 0:07:23.240 --> 0:07:27.560 and uh yeah, but the rest is history, I guess. Yeah. 0:07:27.600 --> 0:07:30.880 I love this story because I love how you you 0:07:31.040 --> 0:07:34.600 left Iran, your country where you live, to go to Japan. 0:07:34.680 --> 0:07:37.760 I got another whole another country, and then uh you know, 0:07:37.800 --> 0:07:39.920 you saw some opportunity, you took it, someone pointed in 0:07:39.960 --> 0:07:42.640 the right direction, but then you had enough drive to say, well, 0:07:42.640 --> 0:07:44.040 I'm gonna get up and I'm gonna leave and I'm 0:07:44.040 --> 0:07:46.720 gonna go somewhere else. And so you've really been pushing that. 0:07:46.800 --> 0:07:48.960 So I love that. Um, it's easy for people to 0:07:49.080 --> 0:07:51.680 have these excuses as to why they can't do things 0:07:51.800 --> 0:07:54.880 or all these reasons that hold them back, but you don't. 0:07:55.000 --> 0:07:57.400 You don't seem to have those. Uh, that's the thing. 0:07:57.480 --> 0:08:00.160 I think. Once you do it once, so fret I'm 0:08:00.160 --> 0:08:02.800 going to Japan with a big deal. I went there 0:08:02.920 --> 0:08:06.560 and I survived. So now because you have this experience 0:08:07.160 --> 0:08:10.160 on your backpack, then the next time you're starting over, 0:08:10.560 --> 0:08:13.240 I think it kind of gives you an edge. It 0:08:13.320 --> 0:08:15.600 becomes easier every time you want to start over your 0:08:15.720 --> 0:08:19.320 or reinvent yourself, it becomes easier than the first time. 0:08:19.360 --> 0:08:22.160 The very first time is always the hardest time. But 0:08:22.240 --> 0:08:24.520 after that, it's just you know, Okay, I get it before, 0:08:24.560 --> 0:08:26.720 and I can do it now. I have more experience, 0:08:26.880 --> 0:08:29.640 right and even if I fail? Would you say that 0:08:29.680 --> 0:08:32.080 also applies to investing. So you started with four x 0:08:32.120 --> 0:08:34.000 and now once I'm in four X and it's easy 0:08:34.040 --> 0:08:38.760 for me to jump into because I mean not supports. 0:08:38.840 --> 0:08:41.320 I actually realized after a while that it is not 0:08:41.440 --> 0:08:44.679 suitable for my personality because I'm a little bit more 0:08:44.760 --> 0:08:47.160 risk averse. I don't like to take as much risk 0:08:47.280 --> 0:08:52.360 as if day trader really requires to have UM. So 0:08:52.400 --> 0:08:54.320 that's how I expanded to stocks, and look like if 0:08:54.360 --> 0:08:57.400 I learned four x, obviously learned stocks. Then when it 0:08:57.400 --> 0:09:00.960 comes to crypto. I was actually originally as a skeptic 0:09:01.280 --> 0:09:03.520 a bitcoint in two thousand and eleven, one of my 0:09:03.520 --> 0:09:06.200 friends told me to buy a bitcoin and I was like, nah, 0:09:06.400 --> 0:09:10.199 that's that's too risky. And then in two thousands sixteen, 0:09:10.360 --> 0:09:13.560 a company UK asked me to do research analysis for blocking, 0:09:14.040 --> 0:09:15.800 Like I have no idea about it. They're like, just 0:09:15.840 --> 0:09:20.040 do it. So I did it and yeah, like because again, 0:09:20.080 --> 0:09:21.599 so it was like maybe I can learn about it. 0:09:21.679 --> 0:09:23.680 I learned about it. I was my mind was blown away. 0:09:23.679 --> 0:09:25.760 I'm like, this is so cool. I got to get 0:09:25.800 --> 0:09:30.200 into this, and that's how I just really yeah, so 0:09:30.320 --> 0:09:33.840 I'm realistive. I'm really new to crypto on blockchain, but 0:09:34.600 --> 0:09:39.520 I'm probably every every everybody. Everybody's new everything I know 0:09:40.240 --> 0:09:42.960 the goal was worth like ten years. So so when 0:09:43.000 --> 0:09:45.520 did you when did you make the shift to start 0:09:45.559 --> 0:09:47.720 the education piece to help people out? When did you 0:09:47.720 --> 0:09:52.439 start to investiva? I guess so that was that was 0:09:52.480 --> 0:09:57.920 a long time. That was twenty twelve. Okay, So it 0:09:58.040 --> 0:10:01.240 started with for X probably should book on foreign exchange. 0:10:01.240 --> 0:10:03.320 So that's here you can see it. There you go 0:10:04.320 --> 0:10:06.280 and there I feel that that's the second edge, that's 0:10:06.320 --> 0:10:09.960 the first edition over that. And then started to make 0:10:09.960 --> 0:10:16.240 this shift to stocks around twenty fifteen and I became 0:10:16.240 --> 0:10:19.080 a certif financial planner all this stuff that I really 0:10:19.080 --> 0:10:23.720 started focusing on risk management, start uh ask good things 0:10:23.840 --> 0:10:26.960 and expanded the education that I was offering to risk 0:10:27.000 --> 0:10:29.800 management and had to become your own financial planner just 0:10:29.840 --> 0:10:32.160 because I was burned by that money manager. So it's like, 0:10:32.520 --> 0:10:37.560 you should become your own money manager. Why hire somebody else? Um? 0:10:37.600 --> 0:10:40.360 And And I mean, even if you're like following a 0:10:40.480 --> 0:10:44.719 guru who's giving you strategies, it's always important to understand 0:10:44.760 --> 0:10:48.240 your own risk tolerance so that you can apply those 0:10:48.280 --> 0:10:51.760 strategies to your own portfolio, right, because I think everybody 0:10:51.840 --> 0:10:53.560 is kind of different, Like you can't so you have 0:10:53.679 --> 0:10:57.000 low medium and I know you guys with the strategy 0:10:57.040 --> 0:10:59.240 that you offer also have like all these different kind 0:10:59.280 --> 0:11:02.559 of ye and that's perfect. Yeah, let's talk about that 0:11:02.720 --> 0:11:05.480 risk management all right. So getting into risk management for 0:11:05.480 --> 0:11:07.640 a little bit, which is super important. I mean, when 0:11:07.679 --> 0:11:09.200 you lose your money out of the game, right, so 0:11:09.240 --> 0:11:10.800 you have to stay in it. What do you what 0:11:10.800 --> 0:11:12.160 what would be a couple of tips that you could 0:11:12.200 --> 0:11:15.480 give somebody for practicing good risk management. So the first 0:11:15.520 --> 0:11:19.120 thing is actually really annoying your restolerance, and that is 0:11:19.200 --> 0:11:21.800 that has two components. It's your willingness to risk and 0:11:21.840 --> 0:11:24.240 your ability to risk. A lot of people when we 0:11:24.320 --> 0:11:28.040 talk about restonans, I'm like, okay, well i am, I'm 0:11:28.080 --> 0:11:29.800 a rist take care. I'm like, okay, you might be 0:11:29.840 --> 0:11:32.520 a ristacre, but look at your perfect like, look at 0:11:32.559 --> 0:11:35.120 your assets. Can you actually take the risk ourant not? 0:11:35.240 --> 0:11:38.160 And it sounds kind of in twitive like everybody should 0:11:38.200 --> 0:11:40.520 know about. But when it comes to investing, because a 0:11:40.520 --> 0:11:42.320 lot of people are getting into it to get rich quick, 0:11:43.160 --> 0:11:45.199 they kind of forget about it and they think, Okay, 0:11:45.240 --> 0:11:47.120 if I have high enough for stonans, you've got to 0:11:47.160 --> 0:11:50.000 take ressume make a lot of money. So the spontra 0:11:50.040 --> 0:11:52.400 has been going around the internet for a while. And yes, 0:11:52.440 --> 0:11:54.600 while you should take risk if you want to make money, 0:11:54.760 --> 0:11:56.959 but you shouldn't take more risk and you can afford. 0:11:57.400 --> 0:11:59.480 And that is when you have to really sit down. 0:11:59.640 --> 0:12:02.520 Count Like, your restolerance is like a very simple questioner 0:12:02.600 --> 0:12:05.920 that you have to go through. And I mean you 0:12:05.960 --> 0:12:08.040 can go to a financial plan, but you can also 0:12:08.080 --> 0:12:11.559 do it yourself. Um, it's a bunch of stuff. You 0:12:12.000 --> 0:12:15.160 put in your assets, putting your liabilities, whatever you have, 0:12:15.200 --> 0:12:19.160 your financial goals, your age, your family situation, all these 0:12:19.200 --> 0:12:22.319 things that is unique to you to create a restolerance 0:12:22.360 --> 0:12:24.720 that is really unique to you. On that way, you 0:12:24.720 --> 0:12:27.760 can go ahead and pick and choose the strategies that 0:12:27.800 --> 0:12:32.080 are suitable to your time frame, to your restolerance, and 0:12:32.200 --> 0:12:34.960 you know, just sit on it because um, if if 0:12:34.960 --> 0:12:38.199 you don't know your instolerance, you're basically gambling and it 0:12:38.240 --> 0:12:41.120 could really hurt you in the in the long one. Yeah, 0:12:41.600 --> 0:12:44.120 I see, you know, especially with the cryptocurrency boom, like 0:12:44.120 --> 0:12:45.559 you've had a lot of people jumping in to get 0:12:45.640 --> 0:12:48.319 rich quick. And I've seen so many people through two 0:12:49.080 --> 0:12:51.560 saying that they're wrecked, right that that kind of phrase 0:12:51.720 --> 0:12:53.800 r e K T wreck who was coming out and 0:12:54.040 --> 0:12:56.439 I was thinking to myself, like, nobody should ever get wrecked, 0:12:56.679 --> 0:12:58.319 Like maybe you lose a little bit of money, but 0:12:58.360 --> 0:13:01.080 why is anybody getting wrecked? And I think it's just 0:13:01.160 --> 0:13:04.319 because they didn't understand, um how to, how to how 0:13:04.360 --> 0:13:06.080 to manage that, And really, I think it all comes 0:13:06.080 --> 0:13:11.880 down to just asset allocation, right yeah, yeah, because like 0:13:12.000 --> 0:13:14.640 right now, let's say, like my stock portfolio, I am 0:13:14.720 --> 0:13:17.000 deepling the right at the moment, I took profit partial 0:13:17.000 --> 0:13:19.480 profit of the peak, but I'm holding the rest of 0:13:19.480 --> 0:13:21.800 the long term. But you know what, I don't care 0:13:22.160 --> 0:13:24.040 because this is the money I can afford to lose, 0:13:24.679 --> 0:13:27.360 and it's in the right on buying more. I have 0:13:27.480 --> 0:13:30.080 the I have the ability to buy more the lower crisis, 0:13:30.120 --> 0:13:32.520 and everybody should be the same, Like you should You 0:13:32.520 --> 0:13:34.880 should not be panicking. You should not put yourself in 0:13:34.880 --> 0:13:38.440 the position that you panic when the markets go down. 0:13:38.920 --> 0:13:41.520 If you're panicking, that means that you're not using the 0:13:41.559 --> 0:13:44.880 money you can afford to lose, and that you should 0:13:44.920 --> 0:13:47.120 you should invest in something else, and maybe you should 0:13:47.160 --> 0:13:50.920 invest smaller and grow gradually. Um, so you should really 0:13:50.920 --> 0:13:55.520 should understand the basics of your situation before jumping in. Yeah, 0:13:55.600 --> 0:13:57.040 that's one of the worst things that you can run 0:13:57.040 --> 0:13:59.800 into where you panic. Right. And so when you have 0:14:00.080 --> 0:14:03.360 too much invested or too much of your allocation in 0:14:03.440 --> 0:14:05.520 one position, it makes you makes you do things you 0:14:05.520 --> 0:14:07.600 shouldn't be doing. So if I had put just a 0:14:07.640 --> 0:14:11.959 small rational amount, then I can make rational decisions. Um. 0:14:11.960 --> 0:14:14.959 You know, if you've put five dollars into a cryptocurrency 0:14:15.000 --> 0:14:17.360 position and it drops to three dollars, it's not going 0:14:17.400 --> 0:14:19.560 to be that big of a deal. Uh, you know 0:14:19.880 --> 0:14:22.840 versus if it's a million dollars um, and and it 0:14:22.880 --> 0:14:24.520 caused you to do things that you shouldn't be doing. 0:14:24.520 --> 0:14:27.160 So it's it's interesting and something how do you recommend 0:14:27.320 --> 0:14:31.920 is risk management? Now? Um, I find something else interesting again, Like, 0:14:32.080 --> 0:14:34.560 so you've moved from Iran to Japan to the US. 0:14:34.600 --> 0:14:36.840 She said, it's not that hard when you do it. Um, 0:14:36.840 --> 0:14:41.200 when you first started looking at cryptocurrencies, Um, something really 0:14:41.280 --> 0:14:44.880 caught your eye. When you first started looking at the cryptocurrency, 0:14:44.920 --> 0:14:46.720 you look at the blockchain, you look at technology, and 0:14:46.760 --> 0:14:49.960 I guess as an engineer, that kind of caught your eye. Yeah, 0:14:50.000 --> 0:14:52.720 so the blockchain technology, that's technology behind it, to me 0:14:53.600 --> 0:14:56.960 sounds revolutionary and I do believe that it's obviously goes 0:14:57.040 --> 0:15:02.080 beyond cryptocurrency and everything is probably gonna moving onto blockchain eventually. 0:15:02.520 --> 0:15:04.720 So that was the first thing. And then as I 0:15:05.840 --> 0:15:09.680 dug deeper into cryptocurrency aspect of it. So this is 0:15:09.720 --> 0:15:14.120 what really hunted me. So you know I'm from me one, right, 0:15:14.200 --> 0:15:17.560 And uh so my dad before that, you want a revolution. 0:15:17.560 --> 0:15:19.680 I don't know if your audience remember what having nine 0:15:20.480 --> 0:15:22.640 there was this massive revolution new On where the show 0:15:22.760 --> 0:15:25.720 collapsed and the new regime, the Mulas came over and 0:15:25.760 --> 0:15:27.720 now everyone is this enemy of the U S. Right, 0:15:28.280 --> 0:15:33.360 So before this revolution, my dad was this incredibly successful 0:15:33.400 --> 0:15:37.680 CEO of a construction company, was building tellypads and airports 0:15:37.680 --> 0:15:39.800 and this and that. He used to work directly with 0:15:39.840 --> 0:15:43.400 the Shaw and uh well we were like one of 0:15:43.440 --> 0:15:46.920 the fortunate people in here on basically. And when the 0:15:47.240 --> 0:15:50.920 revolution happened, the new regime to cover my company's dad 0:15:51.400 --> 0:15:55.000 and my company, my dad's company to cover all of 0:15:55.040 --> 0:15:59.400 his assets, everything that he owned, and froze his bank account. 0:16:00.560 --> 0:16:04.520 And I couldn't help but think that if my dad 0:16:04.560 --> 0:16:07.640 had his assets in crypto, the government would not be 0:16:07.720 --> 0:16:11.440 able would not have been able to freezer freeze's account, 0:16:11.480 --> 0:16:15.600 and I wouldn't grow up in poverty basically on because 0:16:15.640 --> 0:16:17.840 that's when my dad fell into you fell all the 0:16:17.840 --> 0:16:21.160 way down to zero below zero, and the government wanted 0:16:21.160 --> 0:16:23.560 to execute him all these kind of stuff. But so 0:16:23.680 --> 0:16:27.680 crypto cracy literally would have solved our problem. Like if 0:16:27.760 --> 0:16:31.640 our even half of our assets we're in crypto, a 0:16:33.000 --> 0:16:35.720 government like you want would not have been able to 0:16:35.800 --> 0:16:39.640 have its hands on it. So that is something to 0:16:39.720 --> 0:16:43.520 me that I think in the US it's hard to 0:16:43.600 --> 0:16:46.720 relate to because no matter what your position is with 0:16:46.760 --> 0:16:48.880 the U. S Government, you still have some sort of 0:16:49.440 --> 0:16:51.440 trust that the government is not going to free your 0:16:51.440 --> 0:16:55.360 account tomorrow. You might have political opinions, but you still 0:16:55.400 --> 0:17:00.760 have that trust somewhat right, So um, and people who don't, 0:17:00.760 --> 0:17:04.520 then they should consider critic currency because that literally is 0:17:04.560 --> 0:17:07.440 what it does. It takes the third party government out 0:17:07.440 --> 0:17:11.520 of the equation. Yeah, that's interesting. I hear that all 0:17:11.560 --> 0:17:13.880 the time from people inside the US, and they they're 0:17:13.920 --> 0:17:17.400 not afraid of those types of things happening. But I say, 0:17:17.440 --> 0:17:20.360 this is global and this thing, this type of thing 0:17:20.400 --> 0:17:22.840 does happen all the time in other countries, and so 0:17:23.160 --> 0:17:25.479 having somebody like you from a from an area that 0:17:25.520 --> 0:17:28.239 has been effective. From that, it's an amazing viewpoint to have. 0:17:28.760 --> 0:17:30.879 And um, you know, it's like insurance. You hope you 0:17:30.880 --> 0:17:33.000 don't need it, but when you do need it, you're 0:17:33.040 --> 0:17:36.880 glad that you have it. And so um. What's interesting though, 0:17:36.920 --> 0:17:39.480 is is I am from the United States and that 0:17:39.560 --> 0:17:42.640 was the exact thing that got me interested in bitcoin 0:17:42.960 --> 0:17:44.639 as well. So I had heard about it for a 0:17:44.680 --> 0:17:47.400 long time. In two thousand and fifteen, I was looking 0:17:47.440 --> 0:17:49.680 at saying that it was after the financial crash, and 0:17:49.720 --> 0:17:52.080 I was looking at trying to get like some offshore 0:17:52.119 --> 0:17:54.920 corporations set up for offshore banking. So I figured, why 0:17:55.000 --> 0:17:57.199 have all my money in one country, why not at 0:17:57.240 --> 0:18:00.199 least put some in Singapore, some in Panama, etcetera. And 0:18:00.200 --> 0:18:02.160 then I learned about bitcoin, and I'm like, that's exactly 0:18:02.200 --> 0:18:04.440 the same thing, and so I did that, and then 0:18:04.480 --> 0:18:06.359 of course as I learned more, But it was really 0:18:06.440 --> 0:18:10.400 that that sovereignty, that sovereign banking, like you said, and really, 0:18:10.440 --> 0:18:12.280 I think that's what the whole revolution is about. It's 0:18:12.320 --> 0:18:16.320 the ability to hold our wealth, our value and transfer 0:18:16.400 --> 0:18:20.080 it without having somebody interfere exactly. Yeah, So that was 0:18:20.080 --> 0:18:21.600 the biggest thing for me and I can see in 0:18:21.920 --> 0:18:26.400 countries I mean obviously beyond the US, but I mean 0:18:26.440 --> 0:18:30.240 you would think that, I don't know, Japan is stable 0:18:30.359 --> 0:18:32.840 or still in the stable, but history shows that over 0:18:32.840 --> 0:18:34.639 and over again, none of these companies are going to 0:18:34.640 --> 0:18:38.239 be in power for a extended period of time. So 0:18:38.320 --> 0:18:40.600 I think the biggest bet, the best that you can take, 0:18:41.240 --> 0:18:44.040 is to if you want, if you're considering your family's future, 0:18:44.119 --> 0:18:47.959 for generations to come, crypto is a way to go. Now, 0:18:48.000 --> 0:18:51.119 let's get back into invest eva a little bit in 0:18:51.200 --> 0:18:53.320 your in your book, so well, maybe let's talk about 0:18:53.320 --> 0:18:57.200 the book. So the Cryptocurrency Investing for Dummies. Um, I'm 0:18:57.240 --> 0:19:00.000 guessing that's available anywhere. It's easy to pick up there 0:19:00.000 --> 0:19:04.320 you have a copy of it, but if you can 0:19:04.320 --> 0:19:06.160 get it anywhere, you can get it on Amazon, Bars 0:19:06.160 --> 0:19:10.320 and Noble. He can pay for it. But because I'm 0:19:10.359 --> 0:19:13.080 actually really passionate about educating people, and I think for 0:19:13.200 --> 0:19:17.040 crypto to become mainstream, people have to trust in the 0:19:17.040 --> 0:19:22.160 whole system, and the trust is only going to appear 0:19:23.359 --> 0:19:25.760 based on education. And in the book, I really have 0:19:26.440 --> 0:19:29.159 put my part and soul into it to make everything 0:19:29.240 --> 0:19:32.800 Christoper clear. It says Difference Investing Program is, but I 0:19:32.840 --> 0:19:37.000 talk about blockchain mining, other kinds of investing, diversification or management, 0:19:37.119 --> 0:19:39.160 literally everything you need to know in order to get 0:19:39.200 --> 0:19:41.760 into it. And because I'm so passionate about it, and 0:19:41.760 --> 0:19:44.240 because I'm not gonna make that much money out of 0:19:44.240 --> 0:19:46.520 selling books anyway, I'm giving the book for free on 0:19:46.520 --> 0:19:49.640 my website. I mean, gotta you gotta pay the shipping fee, 0:19:49.720 --> 0:19:51.680 but still it is gonna be much cheaper than buying 0:19:51.720 --> 0:19:56.280 it on Amazon. So um to go to investor dot com, 0:19:56.280 --> 0:19:57.840 you're gonna be able to get the book for free. 0:19:57.920 --> 0:20:02.600 So I'm and I definitely commended. Uh people read it, 0:20:02.680 --> 0:20:05.040 They've been impressed, and the book actually has been able 0:20:05.119 --> 0:20:07.720 to change the minds of some of the people who 0:20:07.720 --> 0:20:12.960 are naysayers. So I'm kind of proud of that. Yeah, awesome, 0:20:13.000 --> 0:20:15.320 good job. Yeah, So ahead and make sure we put 0:20:15.320 --> 0:20:17.280 a link to the in the show notes for for 0:20:17.359 --> 0:20:20.520 a copy of that book. Now, as a as an 0:20:20.560 --> 0:20:23.720 as an educator, and you'd educate in forex and stocks 0:20:23.720 --> 0:20:26.280 and cryptos and everything, so you're not just like pushing cryptocurrency, 0:20:26.280 --> 0:20:29.320 but really you're trying to push this education of investing, 0:20:29.800 --> 0:20:31.800 which I love and I want to get behind because 0:20:32.000 --> 0:20:33.919 I believe that investing is really the only way to 0:20:33.920 --> 0:20:36.000