Wen Lambo Crypto Podcast
Wen Lambo Crypto Podcast
Tai Lopez
Is Bitcoin Crashing? How To Make $100,000/Year Using Your Common Sense
37 minutes Posted Jan 18, 2018 at 2:00 am.
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Check out the FREE Bitcoin training presentation here: tailopez.com/bitcoinpodcast “You have to ask yourself, ‘Fundamentally, do I think the concept of blockchain and cryptocurrency will survive?’ And if you do, then the rest is all noise and nonsense.” - Tai Lopez

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Common sense is our best asset.

Yet today, with all the Bitcoin-fueled emotional outcry, we can see that most people have lost touch with their common sense. This is what happens; that over time, we let the influence and opinion of others alter our common sense radar. It is our job to get it back on track.

On today’s episode of The Bitcoin Crypto Mentor Mastermind show, we are distilling the truth about the latest Bitcoin news. Regardless of the price, if you believe blockchain technology and Bitcoin have the ability to revolutionize how value is exchanged, then there is nothing to worry about. How we achieve this peace of mind is by accessing our common sense.

Check out the FREE Bitcoin training presentation here: tailopez.com/bitcoinpodcast

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!

“If you don’t have mentors, you will fail. Or you will succeed 10 years later than you needed to.” - Tai Lopez

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Points to Keep In Mind
  • Taking into account dollar-cost average allows you to be less impacted by the price fluctuations
  • Jeff Bezos is now worth $105 billion
  • Learn how to properly evaluate the overall validity of the investment decision
  • Remember journalists are always trailing the truth
  • Wal-Mart just purchased Jet.com for $3 billion to compete with Amazon
  • There is not widespread adoption of cryptocurrency yet; this means it is not too late to invest
  • Figure out what avenues you can make money in, and then go down that path
  • The average person does not save enough money to retire
  • First, understand the potential investment and then make a decision and stick to it
  • It’s okay to agree to disagree
  • Learn by accumulating wisdom like a gold miner collecting gold
  • Education can make you a living; self-education can make you a fortune
  • What you know about investing is a predictor for happiness
  • Read the 8-page whitepaper on Bitcoin
  • Read Capital by Karl Marx to understand the flow of money
  • Don’t judge something by the direction the price moves; examine the underlying thing instead
Check out the FREE Bitcoin training presentation here: tailopez.com/bitcoinpodcast