Crypto and Digital Real Estate: Going Unconventional with Ryan Pineda

Описание: Business owners usually stick to one business using an array of conventional but proven tools. But does “playing it safe” survive in an ever-expanding market and updating global trends? Investing in multiple businesses and utilizing new technologies such as crypto can be ideal too.

In this episode of Passive Investing Show, J and Ashley are joined by Ryan Pineda. They share their insights on maximizing wealth and capital preservation using cryptocurrency.

Here are some power takeaways from today’s conversation:
● Aim for passive investing
● Start social media marketing
● Implement a wholesale-heavy model
● Learn more about capital preservation
● Revolutionize real estate through NFTs

Episode Highlights:
[00:00] Ryan Pineda Intro

[08:03] Passive Investments

Passive income can be achieved through buying rental properties. Rentals are suitable for long-term wealth-building appreciation. Social media helped his business gain more market reach.

[13:15] Building a Passive Investment Portfolio

Ryan is adamant about conquering new business opportunities. He invests in three major areas: crypto, businesses, and real estate. Within his companies, he invests heavily in marketing, hiring, and building technology growth. For future investments, Ryan considers the time and opportunity costs to help guide his decisions.

[30:31] NFTs and the Crypto Space

NFTs are receipts or proofs of ownership that offer security from real estate fraud. So merging blockchain NFT with real estate puts less to almost zero cost when transferring ownership. Due to its rarity and potential, the digital real estate market became the most appealing asset for him to pioneer.

[41:49] Threats to Digital Real Estate

The lack of legal framework for digital real estate and the gray area in short-term rental laws with crypto must be addressed. Some aspects of real estate can be revolutionized with e-technology and blockchain.

Notable Quotes from the Episode:
[15:34] “Any business I start today has to be better than the previous businesses because if they’re not, they're not worth my time.”

Resources Mentioned:
True Books
Future Flipper
Wealthy Agent
Wealthy Way
Pineda Capital
Tykes
Homerun Offer
Lunar Ecom
NFT’s for beginners
The Ryan Pineda Show