The Truth About Bitcoin: What You Need to Know 🧐 #015
Unlock the secrets of the financial world with "The Truth About Bitcoin: What You Need to Know 🧐." Join Kier Denine, CEO of DNA Today, and Benny Rahmanov on the Midnight Market podcast as they delve into the intricacies of cryptocurrency, blockchain technology, and business budgeting. Immerse yourself in an engaging discussion where Kier, a crypto novice, gets the lowdown from expert Benny on how Bitcoin and other cryptocurrencies work, their role in decentralized finance, and the impact they could have on global economies.
Fuel your passions for financial literacy and entrepreneurial success by exploring practical tips on managing your business budget effectively. Learn how to balance risk and reward, maximize your marketing strategies, and ensure you’re leveraging every opportunity for growth.
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chapters:
0:00 - Intro
1:12 - What is Cryptocurrency
6:22 - How Cryptocurrency Differs from Traditional Investing
10:44 - OUTRO
11:06 - What Drew You to Cryptocurrency
12:45 - Cryptocurrencies on Your Radar
16:27 - Factors that Affect Cryptocurrency Prices
19:57 - Misconceptions About Cryptocurrency
23:55 - Cryptocurrency is the Future
27:54 - Budgeting Your Business
32:54 - Different Types of Budgets
33:08 - Marketing Budget
38:10 - How Much Should Startups Spend on Marketing
42:41 - How to Budget
44:10 - How Much Should You Have in Reserves
46:07 - Fixed Costs vs Variable Costs
50:07 - How to Track Performance
54:18 - Budgeting and Risk
56:49 - Mental Health of an Entrepreneur
59:10 - Book Recommendation
1:01:23 - Compound Interest
1:02:38 - OUTRO
