I watched Ivan on Tech scam yet another project, dumping his Glitch tokens on his followers within the first few minutes of liquidity. That dump will hold the price of that project down for days before we begin to see any real price action.
Reliable sources tell me that Ivan's allocations for each shilled project could be around $50,000. With all of the projects he's shilled, and the time he's had to shill them, this scammer is a multimillionaire.
Elliotrades runs the same game on his following.
For some reason, this particular Ivan shilling hit me more than others. I don't know why. I had to really stop and think about my emotional state, why I got so triggered. I came to the answer. I am still caught up in the old paradigm of doing things — having some third-party entity, some outside regulator, come in and dictate rules. Of course, we all know what happens then. The outside regulator becomes the cheater.
But there are no rules in crypto, and that's the way I like it. Why? Because I had to admit that Ivan has paid his dues. He is cashing in on years of work in online content creation. I have to admit that I had the same opportunity as he did, and I still have that opportunity in the future.
I bought my first bitcoin when bitcoin was three digits. But I didn't look any deeper into the innovation the industry was pushing. Ivan's strength comes from the fact he came into the industry and believed in it through the bear and bull markets. I did not. Or at least I didn't give it the priority I should have.
With patience and determination, I can build the same opportunities for myself that Ivan has built for himself. I may have to pay the dues of hodling through a bear market (not much, because I'm catching the top of this bull). There will be new tech to learn. Will I have the ability to expand when the industry is moving sideways and the sheep have left because bitcoin is no longer pumping 10X in a year?
The last bitcoin cycle built Ivan and Elliotrades, and I can't hate on them for recognizing that opportunity and taking that opportunity forward — no matter how shady their business may be. They don't necessarily hurt anyone — they just make themselves a lot of money. The next bitcoin cycle can build me. That's what I need to focus on. And when I have power, I can choose to use it in a different way from them. They don't have to be a part of my world at all. I can create a new world for my family and friends. It's just too bad I have to learn these lessons from such scummy people.
Forward and upward.
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YOUR GUIDE TO MAKING MONEY IN CRYPTO STARTS HERE ---> Making Money in Crypto Part 1
Always remember:
Burgerswap Bridge will steal your crypto
Deus.Finance is led by a psychotic wannabe despot
AllianceBlock is a shit project
All algorithmic stablecoins (Basis Cash, Mithril, Empty Set Dollar) are a SCAM
Don’t get your bitcoin from PayPal
Trade on BSC, not Ethereum
Ivan on Tech, Elliotrades and Bitboy are complete liars, and
If you are always losing money trading crypto, read here.
Gems I'm investing in: