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Simon Taylor is a Crypto Trader, Investor and Mentor who is dedicated to helping you succeed in trading. 

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Summary

In this conversation, Simon Colman and Simon JP Taylor delve into the world of cryptocurrency, discussing its risks, stigmas, and the importance of education in making informed investment decisions. They explore the differences between scam coins and utility coins, the various methods of storing crypto, and share personal stories that led them to invest in digital assets. The discussion emphasizes the significance of mindset, emotional control, and having a strategic plan for successful trading and investment in the crypto market. In this conversation, Simon Colman and Simon JP Taylor explore the profound effects of micromanagement on mental health, the transition to entrepreneurship, and the importance of authenticity and mindset in personal and professional growth. They discuss the significance of relationships in achieving success, the necessity of embracing failure as a learning tool, and the power of humility in leadership. The dialogue also touches on innovative trading strategies and the humanizing aspect of business conversations, emphasizing the value of genuine connections and personal development.

Takeaways

• Crypto can be intimidating, but understanding it is key.
• Money discussions are often stigmatized, especially in certain cultures.
• Investing should be based on logic, not emotion.
• There are significant differences between scam coins and those with utility.
• Storing crypto safely is crucial; cold wallets are recommended.
• Personal experiences can shape one's investment journey.
• Investment strategies should align with individual goals and risk tolerance.
• Education and mentorship are vital for success in crypto trading.
• Mindset plays a critical role in trading success.
• Long-term investment strategies can yield significant returns. Micromanagement can lead to stress and health issues.
• Transitioning to entrepreneurship opens new avenues for growth.
• Authenticity is crucial for building a following.
• Mindset plays a significant role in personal success.
• Character and integrity are essential for long-term success.
• People often focus on negativity rather than celebrating success.
• Networking is vital for business growth and opportunities.
• Failure is a necessary part of the journey to success.
• Humility helps reduce the pressure of expectations.
• Humanizing business conversations fosters deeper connections.

Sound Bites

• "Crypto is scary, but I understand it more now."
• "Money is a sore subject for many people."
• "You can't buy assets with emotion."
• "Not your keys, not your asset."
• "You can make money from your mobile phone."
• "Trading exposes who you really are."
• "You need a plan of action for your future."
• "It literally makes you ill."
• "The ways that people can make money today."
• "Mindset was a big thing."
• "People are hungry for knowledge."
• "People focus on the negative."
• "Your character is your integrity."
• "Your network is your net worth."
• "It's all about people."
• "Success is how well we respond to failure."
• "It's just real life, isn't it?"
• "It's a sign. Yeah. It's a sign."
• "It's smart. It's a smart way."
• "You need money to make money."
• "It's learnt behaviour, isn't it?"
• "The power of life and death is in the tongue.