We are excited to share that our CEO, Chan Wei Chi, recently joined the “FAQ Show,” a media brand under FinLit Media, which is also one of our valued affiliates. FinLit Media is an innovative company at the forefront of the digital media landscape, dedicated to unraveling the complexities of financial literacy, investments, economics, politics, and the latest news for an Asian audience. Its well-known media brands include Mr. Money TV and The Coffee Break.
In this episode, several critical topics shaping the current crypto landscape were covered, including:
- The Role of Regulated Platforms:
In the volatile crypto market, starting on regulated platforms is crucial, particularly for beginners. Regulated DAXs (Digital Asset Exchanges) in Malaysia offer the security and trust investors need, providing a safer entry point into digital assets. - Understanding “Leverage” in Crypto Trading:
The concept of leverage was broken down into simple terms, showing how it can amplify both gains and losses. The conversation emphasized the significant risks involved, especially during market volatility, making it easier for newcomers to grasp the concept. - Mass Liquidation and Panic Selling:
Recent market events on August 5th, where mass liquidations triggered a sharp drop in Bitcoin prices, were dissected to reveal how these events unfold, leading to a downward spiral in prices and resulting panic selling. - Evaluating Crypto Fundamentals:
The debate on whether crypto assets like Bitcoin have intrinsic value or remain purely speculative was explored, highlighting Bitcoin’s unique aspects that could be considered as fundamentals. - Trump’s Bitcoin Reserve Initiative:
Speculation around Bitcoin potentially becoming a strategic reserve for nations, driven by discussions about Donald Trump’s proposed policies, was examined, adding a geopolitical layer to the conversation. - Bitcoin as a Hedge for Malaysian SMEs:
A growing trend where Malaysian SMEs use Bitcoin as a hedge against currency fluctuations was discussed, indicating broader acceptance of digital assets in traditional business environments. - Gold vs. Bitcoin – The Digital Gold Debate:
The conversation also touched on Bitcoin’s role as “digital gold,” exploring whether it could eventually replace physical gold as a store of value, particularly during times of economic uncertainty. - Solana vs. Ethereum – Transaction Speed and Costs:
The discussion wrapped up with a comparison between Solana and Ethereum, focusing on the practical differences in transaction speed and costs, and what these mean for users and investors. - Bitcoin’s Year-End Outlook:
A forward-looking view on Bitcoin’s potential to reach new highs by the end of the year was shared, considering the current market cycles and external factors that could influence its trajectory.
A Deep Dive into Crypto with the FAQ Show
The FAQ Show, hosted by Frankie, offers a compelling exploration of the current state of the cryptocurrency market and its broader implications. This episode is a must-watch for anyone keen on understanding the rapidly evolving landscape of digital assets, filled with insights that can guide both seasoned investors and newcomers alike.
To delve further into these crucial topics and equip yourself with the knowledge needed to navigate the crypto world, we encourage you to watch the full episode. Stay connected with our blog for more updates and thought-provoking discussions as we continue to play a pivotal role in the growth of Malaysia’s digital asset ecosystem.
Watch the full episode below!