In the latest installment of Market Talks, Cointelegraph presents Brenda Gentry, also known as Cryptomom on Twitter. With over 15 years of experience in traditional banking, Gentry delves into her journey of researching and investing in cryptocurrencies during the lockdowns of 2020. Her investments yielded substantial returns in 2021, leading her to establish Gentry Media Productions. Now, her mission is to introduce more women and minorities to the world of Web3, decentralized finance (DeFi), and nonfungible tokens (NFTs).
The conversation starts with a report from the Bank of International Settlements, which reveals that the median retail investor has lost 50% of their Bitcoin (BTC) investment over the past seven years. Given Gentry’s background in finance, we inquire about her thoughts on this matter and ways in which crypto investors can avoid falling into this statistic.
Currently, sports betting is gaining massive popularity, with relentless commercials from various companies and sports commentators discussing it during their shows to engage more people. We discuss Gentry’s newly acquired sports betting platform, BundleBets, and explore her interest in this business and how she became involved.
Web3 is a term that can elicit varied interpretations, depending on whom you ask. We seek Gentry’s perspective on what Web3 means to her and how she envisions its growth and evolution moving forward. However, there’s a twist: she cannot use any of the current buzzwords to define it.
It’s impossible to discuss the world of crypto without mentioning Terra and the infamous FTX debacle. We delve into Gentry’s experience with these events and how she navigated through them. Additionally, we inquire about her simple trading strategy in a post-FTX world, where the possibility of companies going bankrupt is ever-present.
Retail investors have played a significant role in the success of cryptocurrency. However, many are now apprehensive about entering the space due to the FTX and Terra incidents. We explore the factors that would entice them back into crypto.
Throughout the episode, Cointelegraph Markets & Research will be addressing audience questions and comments. So, make sure to stay tuned until the end. Market Talks streams live every Thursday at 12:00 pm ET (5:00 pm UTC) and features interviews with influential and inspiring individuals from the crypto and blockchain industry. Head over to Cointelegraph Markets & Research’s YouTube page to catch all the future videos and updates, and don’t forget to smash those Like and Subscribe buttons.