Welcome to episode 187 of Profit Boss® Radio! In this episode, we’re talking about cryptocurrency–but also something even bigger than that. There are some people who have made millions in crypto, but there are plenty who have lost everything, and many more who are still on the fence. You might already know that I’ve gone on the record saying that it’s okay to say yes or no to crypto. It’s not about whether crypto assets are good or bad, but whether you–as an investor–understand their characteristics and how crypto can work in your financial life. That’s why I wanted to break it down and share my thoughts on the pros and cons of crypto. With so many investment opinions and strategies available today, I think it’s even more important to make sure that you’re making informed financial decisions that are right for you. So, if you’ve been hearing a lot about crypto and Bitcoin lately and thinking about taking the plunge, I want to help you develop a better understanding of how the choices you make can help (or hurt) your chances of achieving your financial goals. And if I can provide value by saving countless hours of your time, and large amounts of your hard-earned money, then that’s a win-win in my book and I’ll take those wins every time. Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: The benefits of having strict systems in any part of your life–including an investment philosophy. How FOMO informs the behavior of so many investors. The two basic investment philosophies of active and passive investing–and why one almost always outperforms the other over a long period of time. Why passive investors, in general, do not need to consider crypto assets. What makes crypto so much more like a game of chance than investing in an index fund. Show Notes To get access to the full show notes, including all the resources mentioned, visit https://hilaryhendershott.com/crypto-principles-based-conversation Follow Hilary on: Twitter LinkedIn Instagram Facebook YouTube Subscribe to Profit Boss® Radio Apple Podcasts Overcast Spotify Stitcher Google Podcasts