Tai Lopez
675,562 followers
10. Avoid extreme ideologies - be logical and product agnostic. Never build your whole identity around a cult-like obsession with one crypto/nft. Most of the arguments for why one crypto is so great, are really not that intelligent. You will see this over the next few months.
9. The strongest brand name cryptos have by far the best chance of survival during this dip. Use “old uncle” test - if ur older uncle has never heard of it, it’s not yet “crossed the chasm” into being a brand.
Yet even buying well-known crypto brands wont guarantee ur success
6. Therefore you have to wait for a few waves/crashes to come and go for stability to enter the industry. This can take decades before the highly conscientious, non-visionaries see sufficient traction to switch from their old “safe” legacy industries to something like crypto.
4. You have to understand the psychometrics of Crypto founders (personality type science): The early entrants into markets are usually skilled at being visionaries but not at execution/operations/attention to detail.
They often score low on conscientiousness on the HEXACO score
3. This doesn’t mean at a macro level the technology is bad. The first muskets exploded when u shot them in battle. They were more likely to kill YOU then the enemy!
Yet guns eventually surpassed spears & bow & arrows.
Crypto is similar. A powerful idea still in its infancy.
"A fit body, a calm mind, a house full of love. These things cannot be bought - they must be earned."
@naval
Retweeted by Tai Lopez Financial Metrics every business owner should know:
Retweeted by Tai Lopez I contacted @Chewy last week to see if I could return an unopened bag of my dog’s food after he died. They 1) gave me a full refund, 2) told me to donate the food to the shelter, and 3) had flowers delivered today with the gift note signed by the person I talked to?? 😭🥹
Retweeted by Tai Lopez It's quite possible that pandemic-related supply-chain disruption will kill far more people (hunger: remember that?) than the idiot panicked lockdowns saved.
youtu.be/kNv6LSpOqok
Retweeted by Tai Lopez "Retirement starts when you stop sacrificing today for some imaginary tomorrow.
You retire by saving up enough money, becoming a monk, or by finding work that feels like play to you."
@naval
Retweeted by Tai Lopez "If you don’t care to be liked, they can’t touch you."
@naval
Retweeted by Tai Lopez When you ask a great master or a real expert for advice, they give you seemingly vague or non-specific answers, they shun being prescriptive. What they think matters is not what you believe matters. Further, they know you will misinterpret a specific answer.
Retweeted by Tai Lopez RadioShack is #1 TVL growth this week on Avalanche! twitter.com/Avax_News/stat…
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