Updated: Jul 14
In this episode, we welcome Dr. Michael G. Thomas, AFC®, to discuss cryptocurrency through the lens of financial wellness and behavioral psychology while considering the framework and mechanical education of crypto, DeFi, and Blockchain technology. We begin with Michael sharing his story that helps fuel his passion for emotional empathy and financial wellness, ingredients that are missing from the hardline and fast information highway of cryptocurrency. We discuss the importance of establishing the fundamentals of investing before a crypto allocation and during your crypto research. We unpack the critical difference between risk tolerance and risk capacity and their vital importance in investment decisions and an overall financial plan. You don't want to miss this chop-up!
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