There are a lot of opportunities out there. Each day, we have a host of choices with cryptocurrency. We are also confronted with a lot of FUD about each project we look at.
In this video I discuss how important it is to stand by our convictions. We cannot be blind as we will miss a lot. However, we need to be firm if our research makes us opitmistic on a project.
Remember, as Splinterlands showed, it often takes years before that conviction is rewarded.
▶️ 3Speak
yeah def dont be like this guy lol
but listen to him for a good lol
agree I do a very detailed study of crypto that interest Me and also you need to be firm and it needs to have the strong support of community and team
Just imagine the people that bought bitcoin at $1,000 and below and how long they had to wait for. Long term investing is always a smart play. That short terms stuff is pure gambling.
Hive at $0.15 or a little less to what we see today.
Posted Using LeoFinance Beta
And most people do that, instead of long term investing.
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BEERKING.Summary:
In this video, Task 4450 talks about the importance of having conviction, both in life and particularly in cryptocurrency investments. He emphasizes the need to do thorough research and believe in one's choices, despite facing detractors and FUD (fear, uncertainty, doubt). Task 4450 shares his opinions on various cryptocurrencies like Bitcoin, Ethereum, and Hive, stressing the significance of watching out for development activities to assess the potential of projects. He mentions specific projects like Splinterlands, Exode, and Podping, highlighting their success and the rewards reaped by those who had conviction in them. Lastly, Task 4450 advises not to be swayed by critics and to make well-informed decisions based on research and conviction.
Detailed Analysis:
Task 4450 begins by stressing the importance of having conviction in investments and life decisions, using cryptocurrency as a reference point. He talks about the multitude of investment opportunities available and highlights the varying levels of potential returns – from major successes to failures.
He discusses the concept of FUD in the cryptocurrency space, pointing out that even well-established projects like Bitcoin and Ethereum have faced detractors. Task 4450 expresses his belief in Ethereum's potential due to ongoing development and institutional interest, while cautioning against maximalism in the crypto community.
The speaker then delves into specific projects like Splinterlands and Hive, commending their success and the rewards reaped by early believers. He contrasts this with detractors who failed to see the potential in these projects. Task 4450 shares his personal convictions regarding Hive and discusses ongoing developments within the community.
Further emphasizing the importance of research and understanding, Task 4450 mentions other projects like Leo Finance, Splinter Lands, Exode, and Podping. He encourages viewers to make informed decisions based on conviction while staying attentive to warning signs and not falling prey to negative sentiments.
In conclusion, Task 4450 advocates for independent thinking, research-driven decisions, and believing in one's convictions in the face of detractors. He underlines the necessity of paying attention to development activities and updates within projects to make sound investment choices.