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21. All about investing in cryptocurrencies with Blagovest Belev

00:23 - Introduction to the topics in the episode and our special guest Blagovest Belev from BlockChain.BG, with whom we will talk about investing in cryptocurrencies.

01:10 – How has the EKIP Virtual Pension Fund performed recently?

03:15 – Financial news from Bulgaria

19:00 – Macro and Markets – global news

24:43 – Fintech news

29:16 – Interview with Blagovest Belev from BlockcChain.bg

29:27 - Tell us briefly about yourself, what inspired you to create BlockChain.bg?

30:42 - Tell us about the BlockChain.bg business, what services do you offer? How popular is crypto asset management in Bulgaria given the low financial culture? Does this change over time and to what extent does the dynamics of demand for this type of service correlate with the price of crypto assets?

33:15 - What are your expectations for cryptocurrencies for the next 12 months?

34:33 – When do cryptocurrencies go up in price? What assets and market developments do price movements correlate with?

38:03 - What percentage of an investment portfolio do you think is reasonable to allocate to investments in cryptocurrencies?

40:15 - Which cryptocurrencies besides Bitcoin do you think have the brightest future and are therefore a good investment right now? Why?

44:05 - Should one be diversified in the crypto market, that is, invest in cryptocurrencies other than Bitcoin, or is that too risky?

46:07 - Is there a difference between the current bull market in crypto currencies compared to the one in 2017? What are the differences?

49:20 – How does central bank policy affect the cryptocurrency market?

51:30 – Is there any data on what portion of the cryptocurrency market is made up of retail investors and what portion is made up of institutional investors?

54:56 - Is the infrastructure around crypto currencies/assets capable of handling the increasing demand?

58:03 – When a cryptocurrency "forks", doesn't it lead to a depreciation in the value of the original cryptocurrency?

60:51 - What is the best exchange for trading cryptocurrencies? What should we pay attention to when choosing an exchange for trading such assets?

65:22 - Where do people most often go wrong when investing in cryptocurrencies? What are the most common misconceptions and mistakes that we should avoid?

69:19 - In your previous experience, you were involved in gold investments, does gold have anything to do with cryptocurrencies?

72:75 - What is your opinion on Libra, Facebook's digital currency?

75:00 - What is needed for cryptocurrencies to become more widely used and will the state not fight to the last with the increasing popularity of this type of alternative currencies?

78:40 - What is your prediction for the future of cryptocurrencies in the next 10 years? What role do you think they will play in the financial system by 2030?

84:00 - Where can our listeners find you?

85:25 – Final words

 

Links:

BlockChain.bg

BlockChain.bg YouTube

Virtual pension fund

Market Commentary for July

Previous episode

 

Bulgarian news:

"Future" Pension Fund launches mobile application for selecting a pension fund

KBC starts offering mutual funds KBC Expertease Funds Bulgaria

The thinner cushions of the banks

Opening, closing and new questions surrounding the "Historical Park"

FSC: There is no problem with "Historical Park", and if there is, it is not ours

 

Macro and Markets:

With prices hitting a six-year high, should you invest in gold? + Is a new gold rush coming?

H2O, Woodford and GAM crises highlight liquidity risk

Investors flee active funds at highest rate in 3 years

 

FinTech/Alternative investment:

Vanguard trades blows in fund fee war with M&G

Apple Pay officially comes to Bulgaria ?? with Revolut + Monese also works with Apple Pay in Bulgaria

Payment abroad: by card or in cash

We don't want your money, Facebook.

 

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About Georgi Vuldzhev

Georgi Vuldzhev is a member of the board of directors of BLO and editor-in-chief of EKIP. His articles on economic and political topics have been published by both Bulgarian and international publications such as Mises Institute, Foundation for Economic Education, European Students for Liberty, etc. He worked as an economist at the Institute for Market Economics and currently holds the position of economic analyst at CEEMarketWatch and is a weekly columnist on investment topics for the Tavex blog.

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