Hello dear cubs and lions,
Reporting from the headquarters of latebloomers is your favorite gworl, me with the recap of the chain chatter #3 Xspace that i missed and you probably missed too. Anyways, Chile lets get into it !!!
Original photo edited with pixellab by me
So, the space was just about how to be a good founder in web 3 and the specific topic was just how to build a runway so you can continue building and growing in the ecosystem....permit me to call you bobthebuilder, its all positivity over here? 🤭
Afrer introductions, During the beginning of the space, it was mentioned how hard it is to be a founder in web 3 and how its all just a rollercoaster where you're up this minute and down the other... Life itself is really all just a rollercoaster. But this particular challenge of building in web3 is rewarding and interesting because the system is a market worth building. I believe matt was the speaker on this about the challenge of being a founder but still a worthy challenge.
Attaberk then talked about how quick and fast he market changes and must be met up with alongside the market sentiments.
Now about investing and taking profits, there is so much to do and learn in the ecosystem. When you go up however, it is recommended that you take your profit because you'll still come down...Cycles give a deep perspective on wrongs and rights and what to do in the next cycle with the lessons learned from the last cycle.
Matt recommended that Understanding social engineering, good wallet hygiene and good wallet etiquettes are very important since you're just one click away from getting drained. So, when asked what questions asked to help people with wallet setup and process to avoid getting drained. He said that the first thing is to really understand what the process looks like and then get the necessary follow-ups on how the person is doing what he is doing. So some questions are asked like: do you have wallet extension? Do you interact well with individual minting? Is cold wallet or warm wallet being used and so on. So, for a brand new user, step by step walk around the processes and necessary follow-ups are done while for a user with past experience, the processes are nit picked and understand what the problem is or was.
A screenshot of my listen on the space
Attarberk then talked about how important it is to learn how money conws and how it goes. You have to be alert and keep your eyes and ears open to know what the next big thing is. It was mentioned that block chain and Ai has been 2 of the hottest topics this year and may continue like that. He also recommended hot, cold, warm wallets...all 3!
The warm wallet could be used for intermediary transfer, the hot wallet for minting (workforce) and just be careful to avoid being drained. Especially when it comes to interacting with people you don't know well.
Security is very important in anything and everything. This is a little recapping of what happened the space if you didnt listen or can't. You're welcome. Ciao!
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