Vital rare coin & paper money industry updates // 27 May 2020
"Daredevil Investor" James Passin Shares Inside Tips On Investing In Precious Metals & Cryptocurrencies Like BitcoinJoshua McMorrow-Hernandez · Feb 22, 2019
Dubbed a “daredevil investor” by The New York Times, Passin had the foresight to invest in Bitcoin back when each unit could be bought for a song, and he sold his massive holdings when the popular cryptocurrency reached its peak.
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James Passin is one of the nation’s most respected hedge fund managers. The co-founder of Firebird Global Master Fund and Firebird New Mongolia Fund, Passin had an early interest in cryptocurrencies. Dubbed a “daredevil investor” by The New York Times, Passin had the foresight to invest in Bitcoin back when each unit could be bought for a song, and he sold his massive holdings when the popular cryptocurrency reached its peak. But Passin isn’t just a cryptocurrency genius — he’s a precious metals guru. He focused his investment dollars in rhodium when the white-colored precious metal was trading in the mid hundreds of dollars per ounce and sold when it was trading for over $2,500 per ounce.
But how does Passin do it? What does Passin look for before he invests his money in something? And why is he so confident in his investment decisions? In this 45-minute conversation, James Passin talks about precious metals, cryptocurrency and blockchain technologies, rare coins, and more. And while his understanding of cryptocurrency and precious metals exceeds exospheric levels, he explains his strategies on levels that anyone and everyone can understand.
In this interview, you will learn not only what precious metals and other investment vehicles Passin trusts, but also why and when he decides the time is ripe to make a move. And, perhaps most importantly, you’ll get a glimpse at how a multi-millionaire investor like Passin thinks. And knowing how he thinks will surely help you reevaluate and tweak your investment thought-process, too.
So, enjoy the interview and take notes! Listening to James Passin discuss investment strategy in this interview feels similar to attending an expensive seminar. And the comprehensive depth of money-making strategy this “daredevil investor” offers will have you wanting to walk the tight rope to huge fortunes.
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