R. Kiyosaki says Bitcoin is bargain today, not tomorrow, as 'America is broke'

By Long term coin | Crypto assets | 21 Sep 2023


 

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Robert Kiyosaki is saying that Bitcoin is a bargain at this price, and he is right. There are many reasons for that, which I cannot express in this article because the list and arguments are infinitely huge. You do not have to be the victim of unskilled people falling into the trap of not owning Bitcoin.

Kiyosaki says the most important question one should ask today is, “ How much gold and bitcoin do you own today and not tomorrow? “

Why is Bitcoin so unique?

Bitcoin is unique because of its decentralized nature, and that is why it has seen success. Blockchain technology is useful when we create something decentralized, not something centralized. Defi projects are called decentralized finance, but they are centralized and driven by a few founders and, in many cases, just a few people.

It is painful to create something decentralized, and it is a long journey. You can create wealth in your niche by building something truly decentralized because people value such things. Decentralized cryptos are here to stay for a more extended period, which is why investors are willing to pay a lot of money for such projects.

But remember, this journey will likely be lifelong, with many sleepless nights as I am facing such things with my project in the long term coin. No one will bother commenting on your articles, and no one will ever comment on your YouTube videos. It won’t be easy, so brace yourself because creating a decentralized project is the only option to create wealth for you in the crypto market, not just by investing in random cryptos. Even if you make some profits in random cryptos, you will lose those in other destructive projects because such a process is gambling. In other words, you will have to find your way to create something decentralized and bear the pain of that journey with health and family issues on hand. Of course, not having money to run the project will also be another prime issue.

You may have to educate people about the importance of decentralization, a forgotten concept in cryptocurrency. All these tasks will be challenging under the ignorance of busy users, but you will have to go through such hurdles because, on the other side, there is happiness in giving something valuable to investors. Sleepless will bring bad health, and you will have to survive those things as well if you are above 30, but your focus should be on giving, and everything else will vanish if you focus on the end goal. The pain will be lifelong, and the journey will be difficult, especially when you try to create a bond between people who do not know each other and live in different parts of the world.

You will have to shift their paradigm from focusing on profit to first community, aka decentralization and then profit. If you achieve this, wealth is waiting for you on the other side; if not, you will join the queue of other everyday investors. You can create a community in your niche; it doesn’t have to be a crypto or financial product. The problem lies in creating a community with a powerful bond with each other, and they trust each other to continue the project even when you are not around. Bitcoin is one such prime example. The process is tricky, so you will have to enjoy the process. The more you enjoy the process, the more likely you will achieve your desired outcome with good health.

Most crypto projects fail because the founders do everything correctly, from ideas to raising funds, but the only thing they avoid or do not do is build a community, which is the most essential aspect. You will have to prevent the ease of creating a cryptocurrency without a lifelong community that can run the project independently. We must avoid such pitfalls, which will lead us to the path of building a long-lived community. What I talked about is reality, and if you avoid this reality, you have only one option: to believe the social media influencers who claim that they made 10x profit in a single day. If you need to know which path to start, start doing daily blogs or creating quality YouTube content and discussing your project. There are other ways, too; in fact, there are infinite ways, almost none of them explored, as the cryptocurrency market is still new.

This path of building a community will be scary, and you will have to explore all your inner villains, but isn’t that what success is all about? It is better to keep exploring while being scared rather than not exploring your inner fears. The formulas of success are identical in every field, and the same rules will apply here in crypto. Long working hours will also be one of those things you will have to be comfortable with. Find your niche or think about industries or businesses you love the most. Start building a community around it and create it with only one goal: to run independently. They must not need you. Failure is easy because it does not allow you to face your inner fears, but success requires fear to be met. Eye to eye.

Decentralization is that challenge which can help us face our fears. Look at Satoshi. He is the man who knew the importance of decentralization — the power of the community of miners that can run the network on its own. There were different challenges in older times, and in modern times, there are different challenges. Henry Ford had other challenges, and there will be different challenges in the world of crypto. Challenges will change- from making a faster and better car to making decentralized cryptocurrencies, but our approach must not change to take up those challenges. Henry Ford knew the right path to increase sales, and similarly, you will also have to know the right direction of making a truly decentralized cryptocurrency to create wealth.

If you think historically in the stock market, you will find that the long-term approach has proved highly effective. The same method cannot be applied to cryptocurrencies apart from Bitcoin because they are all centralized. Centralized means exit scams to the team vanished to no finance to support the growth and many more hurdles. All these problems can solved simply by creating something genuinely decentralized right from the start.

 

Join my telegram community, where we are trying to build a decentralized community with a unique concept: 

https://t.me/longtermcoin

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