There is a lot that goes into a music therapy program…marketing, networking, client building, and clinical sessions…to name a few. But, in order for any music therapy program, be it a private practice or a music therapy department within a company, to survive and thrive, it must offer something of value to the people it serves.
There are many advantages of trading in cryptocurrencies.
Bitcoin has now overcome many hurdles and it is alive and kicking strong. It has already shown its toughness to endure with the tough market and with commodities like silver and gold as well as the established currencies.
Bitcoin is now used as a payment method and there are a number of vendors and stores that are accepting the cryptocurrency. It is also increasing in value because the participants in the market see a huge price of this currency.
Bitcoin offers diversification and is a hedge
If you are worried about the fiat currency or the quantitative easing of the central banks then cryptocurrencies like Bitcoin helps you spread the risk and hedge the portfolio.
The hedge is used to mitigate risk in case of any economic recession or in the case of an economic downturn where the other assets become of no value.
Bitcoin has now become a favored method to make payments and also as a store of value. The services in Bitcoin and payments in Bitcoinareincreasing. Media is also playing a very important part in the growth of this currency.See this site to learn more.
The other issues that could increase the demand for cryptocurrencies are high inflation. When the price rises then it could be smart to have some cash stored in Bitcoin or other cryptocurrencies. The ultra-high fees for bank transfers are also being challenged by Bitcoin.
In episode 30 of the Music Therapy Round Table, we will discuss this topic and share some of the ways in which we add value in our own music therapy programs.
Items mentioned in the episode
- [RESOURCE] Camera+ App
- [ANNOUNCEMENT] Membership to Music Therapy Pro is now being offered at a lower price! Learn more here.
What do you think?
We always welcome comments and questions. Simply fill out the comment field below to let us know what you think.
Subscribe for free!
Download the latest episode here or subscribe by email for free to automatically get new episodes sent to you.
Come join us!
Do you love the Music Therapy Round Table podcast? If so, come join us at Music Therapy Pro, a premier online resource for music therapists like you! We look forward to seeing you there.