Pouyan Roohi entered the investment world in 2012 at the age of 18, and is now one of the most successful investors in digital assets. Pouyan Roohi has a great skill in identifying new technologies and easily predicts the future of technology. After his successes in the cryptocurrency world, he expanded his investment area and invested in Metaverse, NFT and startups in addition to digital currency. He has achieved many successes in his career.During this interview, I saw that he is too relaxed, self-confident and ambitious, and I think that is one of the reasons for his success.
How did you enter the cryptocurrency world?
It was all a big accident! I did not want to enter the financial market. I loved Imports and exports, but I could not do Imports and exports legally because of my young age. I was introduced to crypto currencies by chance and by one of my friends who was a programmer. I bought all his bitcoins from him, because I thought that bitcoins are the future of the money. I quickly understood the nature of crypto currencies and I think two factors greatly influenced my understandings:
1. The first thing is that before cryptocurrency, I wanted to enter the world of Imports and exports, that’s why I studied a lot about the economy and business and the nature of money, and I had already built the foundation for this work.
2. Second, I used to play a lot of video games when I was a child, and this increased my understanding of the digital world
Well You said you thought cryptocurrencies are the currency of the future. When do you think bitcoin will become the reference currency?
My viewpoint until 2017 was that digital currencies will become the main currency of the world. But I’ve changed my mind since. Digital currencies are not monetary in nature, but rather a form of investment. They are digital assets and have the nature of investment. Suppose you want to buy a product, do you pay with Bitcoin? No you don’t. Because you bought it for investment. No one uses digital currencies to buy and sell goods. We all buy them for investment.
But I hope for the growth of the price of Bitcoin. Bitcoin will not turn into a form of currency, but it is one of the best investment cases for the future.
You have recently entered the NFT space, Do you think they will become popular like cryptocurrencies?
I invested very little on NFT’s. I think 99% of NFT projects are worthless, they are made with no creativity or goal. The number of projects that really have a future is currently below 5. That is, we have 5 projects that are creative, and the rest of the projects, which are dead projects, copy from these 5 projects. But I think new horizons will emerge in the NFT space.The world of NFT is progressing. In the future, when you buy a house or a car, you will transfer the car document in the form of a NFT. Or other physical goods are transferred in the form of NFTs.
What factors do you consider when investing?
In my opinion, a good investment should have several features:
- High liquidity
- Risk to reward ratio
And that I never invest in things that are trending.The trend is always a bubbel. Either I invest before or after the bubble bursts. Trends are created by the media and the media get thier signals from big investors, so don’t go chasing after trends.
Last question: you are now 28 years old, would you like to be Warren Buffett at the age of 28?
I think that at the age of 28, I am much ahead of Warren Buffett’s youth. In terms of investing, I am way ahead of 28-year-old Warren Buffett, and I am sure that when I reach Warren Buffett’s age, I will have more financial success than him. But I don’t care about the money, the important thing is the value you created for the world. Will the world becomes a better place after your death or not?