It's Crypto Mondays - When The Masses Come...
(Edited)
The problem with bull markets is...It attracts two kinds of people.
The first....The person that doesn't want to miss out. And just wants to get in the game...
The second....The snake oil salesmen trying to separate that person from their money!
The danger is....This is the breeding ground for schemes and scams.
We talk about that in this week's episode of Crypto Monday!
Hope you enjoy it!
▶️ 3Speak
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Agreed about there being no logic in the market at all... Hive and many of the tribe tokens ought to be way higher than where it is right now.
Initially what I liked about faucets was that you could get into crypto without any investment and directly earn some money. Nowadays we have even better ways to do so with things like Hive or noise.cash. The real potential of crypto is there... you can earn it... There is really no need to buy anything. In addition you will value what you have earned differently that if you simply bought it.
I agree that people should just try it out. It's not going to cost them anything so it will only waste some time. Who knows whether or not they will live the environment.
Posted Using LeoFinance Beta
Excellent.
The best part that happened was after the recording... So, a nugget to the people to come to the live show, or watch the complete recording on FB...
Nice to see @robwillmann and @the-sports-nerd on cam!
Can't wait to see Bitcoin Bully. I'm eager to learn more about what you are talking about!
Short Summary:
In this Crypto Monday episode, hosted on the Hive blockchain, John G. Olson discusses various aspects of the cryptocurrency space. The episode highlights the challenges faced by newcomers, the importance of understanding crypto fundamentals, and the need for practical engagement in the industry. John emphasizes the potential of platforms like Hive for community-driven participation and education. Additionally, there is a personal narrative shared about transitioning from traditional payment methods like PayPal to cryptocurrencies like Bitcoin due to issues with centralized platforms.
Detailed Article:
The episode opens with John G. Olson acknowledging his co-host's absence and delving into the recent fluctuations in the crypto market. He addresses the complexity of the cryptocurrency space, specifically for newcomers, emphasizing the need to grasp fundamentals such as wallets, cold storage, and market dynamics. John cautions against viewing crypto solely as a profitable investment venture, highlighting the volatility inherent in the markets.
A significant point of discussion is the importance of education and understanding beyond price speculation. John encourages viewers to explore platforms like Hive, emphasizing the platform's capacity for earning opportunities without requiring significant financial input. The community-driven nature of Hive is lauded as a potential game-changer in online entrepreneurship and financial paradigms.
Transitioning from the market dynamics, John shares a personal anecdote about transitioning from traditional payment processors like PayPal to cryptocurrencies, particularly Bitcoin. The shift was propelled by issues faced with centralized entities, showcasing the decentralized and empowering nature of blockchain technology compared to traditional financial systems.
Furthermore, there is a focus on practical engagement and hands-on experience in the crypto space. John advocates for active involvement to effectively navigate platforms and communities. The decentralized essence of Hive is contrasted with centralized entities like PayPal, highlighting the autonomy and freedom that cryptocurrencies offer.
The episode also sheds light on the speaker's project, Bitcoin Bully, which aims to educate individuals about cryptocurrencies in a structured yet straightforward manner. Emphasizing the importance of awareness and education, the speaker stresses the entrepreneurial spirit required in embracing cryptocurrency. The evolution of the Bitcoin Bully project towards more educational content underscores the commitment to providing valuable resources for individuals keen on understanding and utilizing cryptocurrencies effectively.
In sum, the episode delivers valuable insights into the cryptocurrency space, stressing the importance of education, community participation, and practical engagement. The personal narrative shared adds a human touch to the discussion, illustrating the journey towards embracing cryptocurrencies and advocating for their adoption in both personal and entrepreneurial realms. The focus remains on empowerment, education, and fostering a deliberate approach to cryptocurrency involvement for sustainable and meaningful benefits.
Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested/approved by the channel owner.