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RE: The Tuesday Noob Night Cryptocast - Passion, Discord & Crypto!

in #podcast6 years ago (edited)

Great podcast again, it's funny you guy's should be talking about passion as it's probably the most misunderstood part of any business both online and offline. I discovered that not everyone really knows how to define passion... or they have different ideas about what passion means for them. My understanding of passion is doing something you love and would continue doing it whether you make money or not. Someone with a serious business head would probably not agree and instead of working from passion would rather work to meet customer demands and they may consider their passion to be playing football or some other sports, maybe if they are artistic "painting pictures", on the other hand some might say "I'm passionate about making money" but I think there has to be more to it than just wanting to make the money, So my conclusion is... Focus on what you love while meeting customer demands and if you can't deliver with passion you are either in the wrong business or you have the wrong customer lol. Also Due Diligence is really important too before entering any new project or investment. However with that said... "Investors" tend not to let emotions make decisions for them, instead they are all about numbers and demand which I guess by-passes the whole passion thing altogether, However maybe their passion exists with something else or some other project and the returns from investing can be used to fulfill their passions in other areas or projects. Getting in to Bitcoin at 18k was IMO probably neither a good or bad move when we consider it's growth potential, the sad reality is we can't predict the markets but when we look at the history of bitcoin and how it grew in the last 10 years it's mind blowing and we have still not yet experienced mass adoption, is everyone going to fall in love with crypto? Probably not but there are still 7 billion people on the planet who could benefit from crypto and I'm not sure on the number of people involved or contributing to the crypto space at this moment but it's probably only around 2.5 million people < that's just a guess don't quote me, but the point I'm making is... Bitcoin and crypto is still pretty much in the early stages with road maps and developments that go on for 2 years etc, as Jon mentioned. Also there are the people who are cautious "The ones who are sitting on the fence waiting to see what happens" - - Will it go up? Will it go down? hmmmm, I don't know lets just wait and see... IMO they will be the biggest losers due to not taking action. With that said though, the reason they are not taking action is possibly due to lack of education and understanding and this is where the bitcoinbully community can help. I first got to know about crypto and bitcoin in 2012 and all I done was play on the stock market, had some big wins and big losses - now all I want to do is hodl and I have used some of my crypto to invest in to other projects which serve a need or purpose, I might not see instant returns from investing but I can see instant returns daily from mining and that's mainly how I acquire crypto. ROI from other projects could be in 2, 3, 4 or 5 years from now, So it's good to have both a short term and long term view.

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So true man. Thanks for the comments and engagement.

I think the biggest issue facing people sitting on the fence is...Fear of change.

I saw it when the payment processor that shall not be named started back in the early 2000's and people were against it.

I saw it when everyone was gravitating to the social media explosion and many sat and watched because they 'weren't sure'....

Fortune favors the bold lol

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