In this segment, Financial News Anchor Jessica Borg interviews crypto income specialist Marko Grujic about how investors can earn double-digit yields in crypto, regardless of which direction the market is moving.
You can watch the video segment or continue reading for the full transcript.
Jessica Borg (narration): Bitcoin (BTC) is finally breaking out of the trading range it's been in for some time.
While the entire crypto market has been seen as "neutral" lately, it's a word that Weiss Crypto Ratings analyst Marko Grujic says doesn't quite capture the true momentum of the industry.
JB: Marko, how do you see the broad crypto market right now?
Marko Grujic: My personal time frame — it's so long in the future — that whenever I'm talking about markets, I always say, "the current sentiment is neutral."
There are so many things that are being accepted by the mainstream, like non-fungible tokens (NFTs), and you have this movement supporting digital culture.
So, for me, it just tells me that everything that is being built right now is here to stay. So, I'm always bullish.
JB (narration): In recent weeks, we saw citizens in the East racing into crypto, hoping to protect their wealth during this time of turmoil.
MG: When you saw people from Ukraine and people from Russia go straight to Bitcoin in just a few days, it tells you that these black swan events are why Bitcoin was invented.
I feel more comfortable holding this kind of thing than I do any currency being offered by our centralized authorities.
JB (narration): No matter how the crypto market is moving, Crypto Yield Hunter can guide investors to double-digit yields and consistent income — using decentralized finance (DeFi) platforms.
MG: The whole idea is basically to beat inflation and preserve our capital. We don't want anyone to lose money.
JB (narration): He uses a low-risk strategy using stablecoins, which are generally backed by reserve currencies and have little to no volatility.
In weekly video sessions with Weiss Ratings founder, Dr. Martin Weiss, investors can learn step by step how to navigate liquidity pools in the fast-growing landscape known as DeFi.
MG: My service is geared toward giving you a smooth ride through the crypto world. That's why we are exposed to stablecoins so much.
Currently, more than 90% of our portfolio is in stablecoins.
JB: What are some of your favorite opportunities in DeFi right now?
MG: Anchor Protocol (ANC) is by far my favorite option, and the safest option.
When I see the things that they are doing, how they are adjusting to markets, everything about this project is just giving me confidence that my money is safe.
JB (narration): Anchor Protocol is on the Terra blockchain. Its governance and staking token is Luna Coin (LUNA).
The more Terra is used, the more Luna is worth.
The blockchain's native stablecoin is TerraUSD (UST).
Marko utilizes that coin and others. He says to get ready for more DeFi innovations.
MG: In the beginning, we had DeFi 1.0 and right now, we are talking about DeFi 2.0.
It opens so many possibilities! I am really excited.
You know when you're making a salad and you always throw in some excessive ingredients?
In DeFi 2.0, they want to give you opportunities to earn interest on everything we own.
If you deposit money in Anchor, people are now trying to use the proof of deposit to get loans.
For example, if I want to buy a house right now, I can take a loan from one of my crypto accounts using crypto collateral.
I can just borrow the money and buy it, and because there's no intermediary, I can take a loan for 3%, 4%, 5% or 6 % interest, and I can earn 20% interest from Anchor.
I'm using my crypto collateral like Bitcoin or Ethereum (ETH) to take a loan, and then I'm using that money to earn more interest than my loan.
So, I'm basically paying off my loan.
JB (narration): Marko sees huge demand in the future for blockchain activity.
MG: I just think the whole blockchain space is more transparent, more programmable, more honest.
There will be opportunities for trustless interactions, so I really feel that that's the way we will improve every part of our society — from culture to money.
I'm personally bullish on Ethereum a lot.
I think it will overcome Bitcoin, eventually, as the number one cryptocurrency.
JB (narration): And he says a number of platforms will have their time to shine.
MG: We will have Solana (SOL), we will have Cardana (ADA), we will have Polkadot (DOT), we will have Near (NEAR), we will have Luna.
JB (narration): He thinks that profit opportunities within crypto will continue to grow.
And that digital assets represent much more than just an alternative to fiat money.
MG: I really think we need to change the system, not just nod our heads and go with the flow. So much money is being printed and your money is becoming more worthless.
JB (narration): He predicts that certain tokens will surge with market forces.
MG: You need to be right about one thing: Is this going to be adopted more than what it is right now? And my answer is yes!
And that is why I am betting on it.
JB (narration): And he thinks you should, too.
JB: Marko Grujic, it was so great to speak with you. Thank you so much for your insights.
MG: Thank you, Jessica. It's always a pleasure to speak with you.
Best wishes,
The Weiss Ratings Team
