Cult Of Money: Recent Episodes
Cult Of Money
Cult of Money is about personal finance for the crypto-curious. We're making it our mission to simplify the complex world of cryptocurrency, DeFi, NFTs, and other emerging financial technologies so that you can apply these new tools to help you build wealth.
Is your child ready to earn his own money? If so check out these ten great ways for kids to make money.
No matter how much money you make it is possible to still save. Here's a real life example of how to save an emergency fund on a low income.
Perpetual contracts (sometimes called perps) are derivatives that don’t have an expiration date. Here's how they work and what the implications are for cryptocurrency investors.
The job outlook for cryptocurrency-related fields and the new Web3 is stellar. But what should college students study to best prepare themselves for careers in the world of digital assets?
Algorand is an innovative blockchain tackling the blockchain trilemma of speed, security, and decentralization. But what is Algorand, and how does it work?
Bitcoin NFTs are a new protocol that allow for NFTs to be stored on the Bitcoin Blockchain.
Tornado Cash is a crypto mixer designed to anonymize blockchain transactions that was recently sanctioned by the United States.
The results of the switch to proof-of-stake have many assuming that the Ethereum cryptocurrency coin, ether (ETH), is deflationary. What does that mean?
Looking for the best cryptocurrency stocks that are building in the crypto space? Here's our list.
If you lost money trading or investing in cryptocurrencies or NFTs, here's how to report those crypto losses on your taxes.
Tokenized real estate is becoming more popular in the NFT and crypto space, but it comes with huge risks. Here's what to know.
Centralized exchanges (CEXs) make buying and selling cryptocurrency easy, but they also come with risks.
With the recent price drops in crypto, you should consider "washing" your coins and tokens - which means taking a capital loss to save on taxes.
With interest rates rising and I-bonds yielding above 9%, why invest in a risky asset like DeFi interest-bearing accounts?
Bitcoin isn't the only cryptocurrency you should know about - there are many others, and here are some of the most popular bitcoin alternatives.
The taxability of playing play-to-earn NFT or crypto games can be complex! Here's what you need to know.
Let’s take a look at what’s happening in the crypto markets and I’ll give you an idea of what I’m doing with my own cryptocurrency holdings.
If you're looking for ways to pay with crypto, there are a few options that make the process easy.
You can now use your cryptocurrency or NFT assets as collateral for loans to tap into your equity.
We look at Dave Ramsey's Investing strategies and advice and share our opinion on whether you should follow it.
The Fear and Greed Index was developed by CNN Money to help investors gauge whether stocks are fairly priced.
It's possible to invest in crypto in your 401k or other retirement plans, but it might not be the best approach.
Are NFTs considered to be securities for investment purposes, or are they something else altogether?
A 529 college savings plan is an excellent strategy to save for college. But should you invest in crypto with your 529 plan?
Wondering how to invest in crypto and need a helping hand? Our Cult of Money crash course is the perfect place to start your crypto investing journey.
Stock brokers are increasingly adding cryptocurrency support. But should you use your broker to invest in crypto, or are there better options?
ApeCoin is a new governance and utility token from the creators of the Bored Ape Yacht Club. But how does it work? And is it a good investment?
Wondering if you should invest in USDC or USDT? Both stablecoins are incredibly popular, but there are some key differences to know.
Wondering how to start investing with $100? These crypto and regular investing ideas are all viable strategies to put your 100 dollars to work.
What crypto portfolio allocation is best? And how do you even decide if cryptocurrencies belong in your portfolio in the first place?
Crypto faucets help you earn small amounts of Bitcoin and other tokens for free. But how exactly do crypto faucets work? And are they worth using?
Everyone is talking about Web 3.0 these days and how it can revolutionize the world. But what is Web 3.0? And why does it matter?
There's a popular saying "not your keys, not your coins" But what does this actually mean, and what are the implications for investors?
Just how correlated are cryptos and the stock market? And, what market factors should investors consider when adding crypto to their portfolio?
Zed Run is an digital horse racing game that works with the Ethereum blockchain. Our guide explains how Zed Run works so you can start racing.
NFTs are all the rage these days. But why are NFT profile pics so popular, and how can you create your own NFT avatar?
Wrapped tokens help create interoperability between blockchains. But what are wrapped tokens, and how do they actually work?
Cryptocurrency investing is extremely popular these days. But is crypto backed by anything? And, how do you determine the value of different coins?
Blockchain bridges connect different blockchains and create interoperability. But how does this vital technology actually work?
If you want to buy or sell NFTs on the Solana blockchain, these 7 marketplaces are some of your best options.
Blockchain technology is the foundation for cryptocurrency. But what is a blockchain? And how does this revolutionary technology actually work?
Layer 2 solutions are meant to increase the throughput of blockchain networks. Learn which ones look the most promising right now and how they work.
A crypto token airdrop involves distributing free coins to many wallet addresses, typically to draw attention to a new project. Here's how to claim one.
FBAR reporting for cryptocurrency taxes isn't required right now, but there's a strong chance that it will be in the future. Learn why and how to prepare.
Some crypto projects tout eye-popping APYs like 16,000% or even higher. But how do these high APY crypto deals work? Here's what you should know.
ENS domains live on the Ethereum blockchain network and make it easier to securely share crypto wallet addresses. Learn more about how they work.
What are the best ways to pass on your digital assets to your heirs? Here’s what you should know about estate planning for crypto and NFTs.
Art Blocks is an NFT platform that allows collectors to commission on-demand generative art from digital artists or purchase a Curated Collection.
If you decide to provide liquidity on a decentralized exchange, you need to be aware of the risk of impermanent loss. Here's how it can affect your swaps.
Want to include cryptocurrency investments in your tax-advantaged retirement accounts? Here's how to invest in crypto in your IRA or 401k.
We compare the main differences, benefits, and drawbacks between a centralized vs. decentralized exchange to help you make the best choice.
If you made money on crypto this year, you may owe the IRS a cut. Here's how to pay taxes on your crypto gains or crypto that you received as income.
As a leading decentralized exchange (DEX), Uniswap could be a great choice for traders who value privacy or want to invest in less-common altcoins.
A DAO (Decentralized Autonomous Organization) is a community built on a blockchain network that uses anonymous member votes to make decisions.
The Sandbox is a metaverse built on the Ethereum blockchain that lets players create, own, and monetize assets within the game. Learn how to play!
Bored Ape Yacht Club NFTs are currently soaring in popularity...and in cost. Here's how to decide if you should buy a Bored Ape right now or pass.
Play-to-earn cryptocurrency games are video games that incorporate features of cryptocurrencies or NFTs. These are the most popular ones right now.
In August 2021, Visa bought a CryptoPunk for roughly $150,000 in Ether. Here's why and what it means for the future of NFTs and cryptocurrencies.
Axie Infinity is both a game and a cryptocurrency. The value of AXS has recently exploded. But is it worth investing in today? Here's what we think.
We compare Proof-of-Work vs. Proof-of-Stake vs. Proof-of-History to help you understand the differences between these consensus mechanisms.
We explain the most common crypto and NFT scams along with how to avoid getting caught up in them and losing your money to a fraudster.
If you sell digital assets for a profit, you need to be prepared to pay taxes. Here’s how it works and how crypto and NFT tax rates are determined.
I've purchased multiple NFTs at this point, and here's what I've learned, and reasons you should consider buying an NFT as well.
With cryptocurrency staking, you can earn passive income just by holding various cryptocurrencies. Learn the biggest benefits (and risks) of staking.
ETH gas is a fee charged for transacting on the Ethereum network. Learn why ETH gas fees have risen and discover lower-cost Ethereum alternatives.
DeFi (decentralized finance) aims to replace current financial systems with applications that cut out the middleman. Learn how crypto fits into DeFi.
VeeFriends is a collection of NFTs from Gary Vaynerchuck, known to fans as “Gary Vee.” Learn how VeeFriends work and if they’re worth investing in.
I ran a Dogecoin experiment this year and almost doubled my money. Here's what I learned a lot about myself and my risk tolerance.
NFTs are unique digital assets that verify ownership for digital or tangible goods. Learn why investors are flocking to this budding blockchain technology
A 51% attack is when one or more miners gain control of a majority of a blockchain network's hashrate. Learn why it's such a threat for crypto investors.
KYC and AML for crypto exchanges are identity verification policies used to prevent financial crime. Learn what information you'll need to provide.
Ethereum is a both a cryptocurrency (ETH) and a digital asset network. Learn how Ethereum works and how you can start investing in ETH or trading it.
Bitcoin was the first decentralized digital currency and is the most popular cryptocurrency today. Learn more about what Bitcoin is and how it works.
Cryptocurrencies are digital currencies that are often decentralized and operate using blockchain technology. Learn how to invest in cryptocurrency.