More than 1 in 10 Americans invested in cryptocurrency over the past year, according to a survey published by the University of Chicago, a sign of the popularity of digital currencies like Bitcoin and Ethereum. Specifically, 13% bought or traded crypto in the past 12 months — by comparison, 24% of Americans invested in stocks over the same time period, according to the survey. As one can see, there is a lot of talk about crypto, however, many newcomers are struggling to find resources or thought leaders who can help teach them about the crypto trends.
As with any investment, there will always be risk and rewards. To best educate yourself, one should have a crypto thought leader to look up to or to lean on for guidance. Travis Bott, an entrepreneur and early pioneer of Bitcoin, suggests that the best bet is to use a trusted brokerage platform because they have a good security protocol and quick application to protect customers. To give some details on his background, Travis Bott is one of the many disruptive figures in the cryptocurrency space, creating various new channels for the adoption of Bitcoin and other cryptocurrencies, ultimately adding value to the industry as a whole. Bott’s groundbreaking methods are giving a vast array of benefits for users of cryptocurrency, implementing innovative incentive programs and new approaches to access and transact money worldwide. Since he was an early adopter, he has a lot of experience and advice he can provide to new-comers.
According to the Federal Trade Commission (FTC), there are many warnings that cryptocurrency scams can appear as emails trying to blackmail someone, online chain referral schemes, or even bogus investment and business opportunities. Overall, things can happen and there are many stories of theft and fraudulent activities that are taking place. Travis Bott himself first hand got exposed to these malicious actors in the crypto community when some went on to slander his name with propaganda of false lawsuits or inaccurately accusing him of being involved with projects he had no association with. Despite the turbulence he faced, Travis still promoted crypto and its benefits.
