Quick profits or spectacular falls? Podcast with Piotr Zając, creator of the Finsite channel

In the latest episode of MamBiznes Talks, we take a closer look at one of the most exciting financial markets – cryptocurrencies. The guest of the podcast is Piotr Zając, a stock broker and creator of the Finsite channel.

For many, cryptocurrencies are synonymous with quick profits, but also painful falls and pure speculation. However, instead of focusing on technical purchase instructions, we want to go beyond the information noise and show how to think about cryptocurrencies from the perspective of an informed investor. This is a conversation for those who feel lost and don't know whether digital assets are a chance of a lifetime or a “ticking time bomb”.

The guest of our episode is Piotr Zając, a stock broker and creator of the Finsite platform. Although he usually analyzes Polish listed companies, this time he serves as a guide to the crypto world. In the conversation, we go back to his beginnings – from investing in WIG20 futures contracts in high school, to less successful investment moves that shaped his approach to risk.

Red flags of the cryptocurrency market

In the latest episode of MamBiznes Talks, we are looking for answers to key questions: what exactly is cryptocurrency for a beginner – a technological revolution or risky speculation? We analyze whether Bitcoin is rightly called “digital gold” and whether it can act as a hedge against inflation, given its huge volatility.

We do not shy away from difficult regulatory issues. We debunk the myth of the “Wild West” and complete anonymity by discussing the tools available to tax authorities and the regulations that are intended to “civilize” the market. Piotr Zając also suggests how to distinguish real trends from the temporary hype for memecoins or NFTs, and what security aspects to pay attention to when choosing an exchange.

We answer the question whether a beginner investor should worry about taxes when starting out and where to look for reliable information to avoid problems with the tax office. Finally, our guest shares one, most important rule for people taking their first steps in crypto – a tip that is intended to protect capital against the biggest mistakes and help survive on this specific market.

We encourage you to listen to the next episode of the MamBiznes Talks podcast on YouTube and Spotify. Subscribe to our channel, express your opinion in the comment and follow us on social media.

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