“Crypto shouldn’t be perceived as a ‘get-rich’ thing but that’s what’s happening.” - Tai Lopez

(click to tweet)

Cryptocurrency has entered an interesting phase.

As the price of Bitcoin continues to fall, more and more coins are released to the public. And the buzz surrounding cryptocurrency seem to be tapering off. So what do we make of these seemingly contrasting trends?

On today’s episode of The Bitcoin Crypto Mentor Mastermind Show, we are joined by multiple panels of experts to discuss the current climate in the cryptocurrency space. From Chase Hero of The Watchers Group to Fluffy Pony of Monero to Chris Sacca of Shark Tank, these panels cover everything from how to get involved in Telegram communities to how to think about ICOs. Tune in to take your crypto game to the next level!

And don’t forget! You can also listen to The Bitcoin Crypto Mentor Mastermind Show on Spotify! Click “Follow” and let me know what you think!

“Crypto is financial anarchy on a global scale.”    

(click to tweet)

Points to Keep In Mind

• Intelligent people are not passing information in crypto because they are ridiculed by the media
• Some argue that the crypto space is an unprecedented risk-reward ratio
• Reach out to the developers behind the cryptos you invest in
• Cryptocurrency is no different than financial markets in that the richest, most intelligent people skim a layer off the top
• The only way to not be a sucker is to hold
• Check your ego at the door when describing cryptocurrency to another person
• Don’t buy anything that isn’t well research and picked by multiple experts
• Read books about game theory
• Diversification is unsexy in a world built on 1000x returns
• The token should do more than just be a funding source
• ICOs are an evolution of crowdfunding, but it’s allowing immediate liquidity
• Most tokens with ICOs don’t have workable code
• Don’t judge purely by number of people in Telegram channel
• Invest in cryptos in industries that you’re interested in or passionate about
• Only ICO your company if the premise of your business has a logical link to blockchain technology
• Ask yourself: does this need to be on blockchain technology before investing in a crypto
• Platforms over tokens because tokens can be built on top of the platforms
• Because cryptocurrency welcomes all kinds, there is a challenge of personalities
• Look for tokens with high-quality commits on their GitHub repository
• Make content and the people will come to you because there’s so much online buzz
• Be careful of the cryptos that aren’t ICO because they aren’t relying
• The SEC says that 100% of tokens are utility tokens
• Don’t fake it until you make it; actually make it
• Experiment often; your ego will tell you that you don’t need to
• Read Nick Bostrom’s Superintelligence