Since I got to know #crypto 6 years ago, I have tried to get numerous others interested in it as well.
How many was I able to convince in the end?
So far 2 people.
Here's why.
Most people are not interested in anything that is "too" new, even if it has potential to positively change their lives forever.
A new #technology only becomes interesting for them when it is considered "good" by a broader audience. Meaning that a lot of people have adopted it.
Another thing I noticed when talking to friends and acquaintances about #cryptocurrencies was that most simply don't have the spirit to research a new, complex #innovative technology after a hard day's work.
It was mildly interesting and that was that. Can't really blame them.
Those who took the time to google it quickly came across countless headlines about why #bitcoin is bad and why you should just stay away from it.
And for most of them a headline in a major publication had more weight than my humble opinion.
As promised, I took a closer look at some #crypto projects you recommended.
In today’s thread, I’ll take you through my research results for @GuildOfGuardian‘s game Guild of Guardians (GOG).
It’s an exciting project so let's jump right in!
Some numbers first.
• GOG is a mobile RPG that will go live in 2022.
• There are over 150.000 pre-registered players.
• 50+ developers with experience in AAA-titles are working on the project.
• The game raised over $5.3 million through #token sales (GOG Gems).
GOG has a neat website. A lot of time and money went into making this.
There are no broken elements. Spelling & grammar are flawless. urlvoid.com shows no problems.
All of this gives the important first impression of a legit project.
Yesterday I wrote a thread about how the world will change fundamentally in the coming years & decades and why it is important for you as an #investor to prepare for this.
In this thread I will go a level deeper and explain some of the backgrounds.
Here are 19 “mental tools” that I find useful for #Investing (and life in general).
⌚You can apply them at any time.
🧩The order is random.
🔧Which tools make the most sense for you depends on the given circumstances.
Let’s dive in!
1. Information Gathering
When making decisions, always source your data from different places. Include conflicting information and contrary opinions to get a more complete picture. And always assume that you don't know the full story.
2. Circle of Competence
Know which things you know and know which things you do not know. This way you know where you have an advantage and where you are at a disadvantage and should improve. Understanding your circle of competence improves decision-making and outcomes.