Hope everyone had a refreshing labor day weekend and is ready to rip some cold calls. Since today is the first day a government put Bitcoin on their balance sheet I wanted to share this video. Thought it was one of the most insightful and easy-to-understand videos out there on why cryptocurrency is going to have a huge impact on a Macro-Economic level. Also, loved the fact that both people in the video talk about Bitcoin and Ethereum co-existing rather than attacking the other crypto because they believe one is superior. There is so much content and so many great communities out there in the crypto space. Remember to keep an open mind and be grateful we are at the forefront of what could potentially become a global network for Currency that has no central power to deflate the money until it is almost worthless๐
P.S For those who don't feel like watching the video my biggest takeaway is Dollar Cost Average (D.C.A) into these assets and buy on red days. Crypto is super volatile and if you are constantly watching the price action you are likely to feel as if you made a mistake on red days. If you can set your timeline for at least 5-10 years out you are very likely to have made some insane returns while getting to learn about investing through actual experience. However, before investing in something you don't understand you should take the time to educate yourself and make a purchase because you think this technology can have lasting positive effects rather than a hope the price action will make you rich. It's easy to feel FOMO in this space as some of the gains people experience are ridiculous, but if you can think big picture you will be so much better off in the long run๐ค
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