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RE: It's Crypto Mondays - The FOMO & FUD Disease

in LeoFinance3 months ago

Lots of food for thought in this message for me! I'm currently at the stage of having to decide which projects to invest in.

As you said, Warren Buffet might not be the person you want to listen to when it comes to Bitcoin. But one thing I've heard him saying though (not about crypto...lol) is 100% in line with what you are saying here. He stated that a huge portion (if not the biggest portion) of his working time, is spent just reading and studying financial reports of the companies he invests in. That is his job.

Turning to the crypto scene...that is exactly what you say we should be doing when investing in crypto coins/projects...do your due diligence by reading and studying the blue papers and white papers. That is the work we should be doing. As @achim03 is saying...then we won't be speculating but we will actually be investing.

Thank you for an awesome message in this video. I'm going to watch this video a couple of times for the information to sink in properly!

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I agree...I'll always do my homework into the projects I spend money into...That was my biggest issue in the last bull run...I just threw things against the wall.

That was my biggest issue in the last bull run...I just threw things against the wall.

Lol...that's an excellent way of describing it! Love it. But so we learn. I appreciate you sharing this information though, so guys like me can learn from that too and be better prepared. Thank you!