Interview with Crypto Sky
By: Daily Bit
Tags: Crypto, Cryptocurrency, Blockchain, Bitcoin

Have you ever wondered how some influencers became the figures that they are today? We have, and one of our goals is learn more about their journeys. Along with being able to share valuable insights on their niche, there’s something else they bring to the table: mindset.

Making it as an entrepreneur isn’t easy. Most folks fail. So when we found out about Crypto Sky, a lesser known figure in the space whose podcast has already seen commendable success, we wanted to learn more about him — especially considering the fact that he’s still a teenager.

If you’re one of our younger readers or are simply interested in taking a walk in someone else’s shoes during their efforts to grow their personal brand, we think that you’ll enjoy this conversation.

Let’s begin with the obvious — you’re 18. How did you first learn about the market, and what encouraged you to take up an active interest at such a young age?

I first learned about the crypto market from a friend on Twitter. I used to resell shoes and clothes online to make money, and one of my Twitter friends started trading crypto and got me into it. Once I started researching what it actually was and how much potential it had, it captured me. I believe this is the best chance I will have to reach financial freedom and impact others, which are my two main goals in life.

What’s the crypto sentiment with late teens? Is there enthusiasm? Confusion? Inattention?

I would say that locally most of my friends aren’t really concerned with it. Most are more focused on going to college and having fun at this age. However a lot of the young people I’ve met in the community are very creative and driven to improve this space!

What courses were you interested in pursuing at college? Have those interests changed since becoming involved in crypto?

I’ve always been very interested in the traditional stock market, and Venture Capital, so I’ve always wanted to study finance and economics which is what I’m majoring in. I think my experience with trading and investing in crypto and running my own business previously gives me an advantage most won’t have entering college.

What resources did you use to become familiar with trading? Mining? Are there any you’d recommend for a beginner?

As far as resources goes, Peter Mccormack’s podcast and website “What Bitcoin Did” is the place I would recommend starting at. I would also recommend selectively following a few traders on Twitter such as Altcoin Psycho, Crypot Don Alt, Need a Coin, and Crypto Bulldog. There are many other names on Twitter who have helped me greatly, but the list would be too long. I would also watch all of Crypot Cred’s YouTube Videos. This should give anyone a great foundation to start.

What led you to launch The Crypto Sky Podcast? What does your platform bring to the table that other podcasts fail to deliver on?

Gary Vaynerchuck inspired me to create a podcast, and around that time I was consumed with Crypto spending hours daily researching, so I felt like that was the right topic to cover. I understood I wasn’t the best trader or most educated person in the space, so I decided to interview the people I believed were! My podcast is designed to inform and entertain everyone in the crypto space, from the beginner to the more experienced trader. I believe most only focus on one of these, and I like to keep a balance of the two. Also I think it’s really interesting getting to know the people behind the Twitter accounts so many follow and learn from.

You’ve undoubtedly spoken with a number of fascinating individuals working in the crypto space. Do any moments stick out, such as a revelation about a particular subject matter or a particularly enjoyable exchange with a guest?

My first interview with Peter Mccormack was one I was so nervous to do, and he made me comfortable and confident, and since then I’ve never been nervous for an interview. I’ve really enjoyed every guest I’ve had on the podcast. I’ve made friends in the space as well including Bitcoin Bella and Altcoin Psycho. I was so excited to have both Mr. Backwards and Nik Patel on, they are both such big figures in the space and it was an honor to have them on. I would have to say the coolest interview I have done would be the one with The Wolf Of Poloniex, it was so interesting listening to his story and all he has been through and overcome. One person who I haven’t had on the podcast and would really enjoy is Luke Martin. I really look up to him in the space considering he is young and delivering such great content.

Talk to us about mining:

Preface: I’m not as familiar with mining as I would like to be. If you have any questions hit up @cryptochrisw on Twitter, I recently interviewed him and he is a mining expert:

a. Can you give a brief introduction of Masternodes, why they are attractive for generating passive income, and how one can become more active in the niche?

Masternodes are very tricky to get into, but if you do it right can be a great way to grow your portfolio and earn passive income. Masternodes are simply having the collateral to set up a node in the network that performs certain tasks depending on the specific network. To be successful in the Masternode space you have to get in projects early to earn the rewards while the block rewards are still high. I’ve had some success with this such as setting up a a Motion ($XMN) Masternode when the project was very young, my initial investment is up over 150% and I’ve been earning great rewards as well. However, the dark side to masternodes are how risky they are. A lot of them are scams and are trying to basically steal your money. If anyone is interested in masternodes contact me on Twitter directly as I can provide some more specific information.

b. What are your thoughts on cloud/pool mining?

I’m not a fan of cloud mining, and I’ve stayed away from it since HashFlare scammed me for $300 when I was first getting into the space. However, I do trust some of my coins with staking pools such as Staking United.

c. How did you go about preparing your first mining rig?

I have not set up a mining rig yet! But I plan too.

d. Did you experience any trials or tribulations during your early mining experiences?

HashFlare scam (see B).

e. What are some of the misconceptions about cryptocurrency mining?

From talking to JP Baric and Crypto Walken, many people say it’s too late to get into mining, both of them disagree!

What are some of the challenges that you face as a young entrepreneur? How do you work to overcome those challenges?

The biggest challenge I’ve faced personally is learning to manage time and how to network with people. Most people, especially those who are still young, are not exactly comfortable calling someone from across the world and speaking with them for an hour, but I’ve always enjoyed talking to people and I absolutely love meeting new people. Another challenge is actually getting interviews set up with people, most are very busy, care too much about their privacy, or simply don’t want to. I’m always grateful when people sacrifice their time to do an interview with me.

How have you developed as an individual? Has your perception of “success” changed?

I think I’m much more prepared for the business world that I want to work in. I’ve created something that many people appreciate, enjoy, and learn from, and that is not really a small task. The most amazing thing, however, has been the connections I’ve made during this process. That is something that will continue to develop and will greatly affect me in a positive way. My definition of success hasn’t really changed, but gaining a small following has inspired me to grow a larger one and be able to impact more people. I enjoy reading comments or getting messages from people who enjoyed the podcast or learned something from it.

One piece of advice you have for someone your age looking to make a similar leap.

Stop making excuses and just do it! There’s never going to be a perfect time to start, you just have to do it! I would also tell anyone who is considering entering the space or creating something in it, regret is the strongest form of pain. I’m still young but I’ve experienced regret, with not spending as much time as I would have liked to with family members who have passed away. Don’t regret not chasing your dreams or going all in on your passion. Just do it!!