Crypto has changed my life.
No, not a millionaire…yet.
But in terms of understanding asset classes, investing, and how money works its really changed the way I think about the future and money.
Hear me out…
Maybe 1% of the people that surround me (friends/family) understand and support the notion of crypto and blockchain.
The rest.. well they laugh it off.
It’s still as foreign of a concept as it comes, and I’m sure I’m not alone in this.
This is astonishing considering the market cap has blown past $1T… with no signs of slowing down.
This leads me to believe that people TRULY DON’T HAVE A CLUE what is going on!
…And it’s HERE where I realized HOW EARLY ON IT STILL IS!! 🤔
Smart contract technology is the next frontier of the 21st century and we’re just getting started. Do your research.
At the time of this post, $BTC is $57.4k and $ETH is $3.5K USD.🤯 (If you think these prices are high. Please revisit this post in 5 Years’ time…)
If you’re just getting started in #crypto, #bitcoin, #eth, or any other #altcoin good on you — because the ship is still getting ready to set sail, and I want to share just a few things I learned since I bought my first cryptos 2 years ago.
What I learned:
1. Once you get some skin in the game you’ll learn fast and find out that it’s not as hard to understand as it comes across.
2. Not your keys. Not your Coins. Once you have a large enough amount invested start moving your assets to cold storage. Yes, the platforms are getting safer and more reliable BUT the whole idea of crypto is to take control of your wealth! So be smart!
3. Due diligence. Yes, you’ll see pumps and be tempted to buy but always look at the underlying technology and team behind the project. Don’t just buy to buy, stick with the technologies everyone else is building off of $BTC $ETH. TIP lookup#Sharperatio #EfficientFrontier
4. Crypto is not the same as the dollar. The goal isn’t to turn crypto into dollars BUT turn dollars into crypto. This will be the toughest point to understand. By investing in this asset class you believe that crypto is a better Store of value than any other asset…This is where you will build true wealth. #HODL
5. Have fun and educate others. Technologies like NFTs are incredibly exciting and I believe will be the stepping stone for many to enter #crypto without even knowing it. Just look at NBA TopShot ..how many know they are buying a moment on the #Ethereum blockchain?
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What Do You Think??
If you made it all the way to the end!! Thanks so much for reading my little rant. Let me know if you agree or not below! ✌️🙏
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