1 00:00:00,270 --> 00:00:07,710 When you enter the cryptocurrency world you realize that there are see all this all the time everywhere 2 00:00:07,910 --> 00:00:15,090 and so many of them now I'm on Facebook and I'm seeing this advertisement they say participate in the 3 00:00:15,090 --> 00:00:20,800 largest ICL ever before it's too late and then they have big promises. 4 00:00:20,910 --> 00:00:25,080 Inside this advertisement then I go to the coin market cap. 5 00:00:25,080 --> 00:00:29,220 I go to check out how my coins are doing. 6 00:00:29,640 --> 00:00:40,310 And then I see all the time this I see all now join I see oh now 30 percent public sale bolos and I 7 00:00:40,320 --> 00:00:41,460 go to Google. 8 00:00:41,460 --> 00:00:44,160 I search for cryptocurrency I suppose. 9 00:00:44,250 --> 00:00:46,630 Right away there are advertisements. 10 00:00:46,800 --> 00:00:54,370 Want to invest in IFCO StoryCorps token sale is online at 30. 11 00:00:54,370 --> 00:01:04,860 Paul sent both tokens there and various other one bit from the coin top coin learning earn up to forty 12 00:01:05,040 --> 00:01:07,270 eight per cent per month. 13 00:01:07,290 --> 00:01:11,280 Can you imagine when you call the stock market. 14 00:01:11,280 --> 00:01:16,050 They say that 8 percent is skewed on average 15 percent. 15 00:01:16,050 --> 00:01:23,640 These are some 20 percent if you own 20 percent per year you are in the world class and now they are 16 00:01:23,640 --> 00:01:25,380 probably seen in this ICL. 17 00:01:25,560 --> 00:01:27,720 Forty eight percent per month. 18 00:01:27,720 --> 00:01:29,440 Can you imagine. 19 00:01:29,460 --> 00:01:32,740 So is it really too good to be true. 20 00:01:33,120 --> 00:01:33,800 Let's have a look. 21 00:01:33,810 --> 00:01:38,050 So I explained to you before I see also all a double edged sword. 22 00:01:38,070 --> 00:01:40,850 It can be a blessing or a curse. 23 00:01:41,130 --> 00:01:42,400 You win big. 24 00:01:42,540 --> 00:01:51,210 If the Protech succeeds I sold you with decree ethos that was known before us Bitcoin's and then for 25 00:01:51,210 --> 00:01:53,010 example Colorado. 26 00:01:53,070 --> 00:01:58,890 They were selling Carreno in their pre-sale for no point No. 27 00:01:59,250 --> 00:02:01,240 2 3 US they. 28 00:02:01,380 --> 00:02:04,670 So less than one cent can imagine. 29 00:02:04,680 --> 00:02:09,320 Less than one cent for one card for one other coin. 30 00:02:09,460 --> 00:02:18,120 And let's have a look how much it's now the value the price of one card in a coin is 70 cents. 31 00:02:18,120 --> 00:02:21,780 Can you imagine in the market cap of Cardinal. 32 00:02:21,890 --> 00:02:25,930 Seventeen point eight billion U.S. dollars. 33 00:02:25,950 --> 00:02:29,600 It's in the top five of the biggest crypto currencies. 34 00:02:29,670 --> 00:02:37,230 So if you invested some money in cardno in their eyes he also Allstate's in their sale you will be a 35 00:02:37,230 --> 00:02:38,870 millionaire three. 36 00:02:38,970 --> 00:02:40,200 Can you imagine. 37 00:02:40,960 --> 00:02:43,610 But let's have a look at the other side boards. 38 00:02:43,760 --> 00:02:46,940 People often like to talk about these big queens. 39 00:02:47,180 --> 00:02:51,860 How I became a millionaire in 100 days or something like that. 40 00:02:52,220 --> 00:02:55,690 They tell these stories this kind of stories. 41 00:02:55,940 --> 00:03:00,790 But often they forget to tell you the other side of the coin. 42 00:03:00,830 --> 00:03:09,900 Other side of the world as we talk in this parable and there are many examples where I see also how 43 00:03:09,920 --> 00:03:13,260 failed they sold something the value went up. 44 00:03:13,310 --> 00:03:19,770 But then it dropped dramatically or they sold it for some price and it went down immediately. 45 00:03:20,730 --> 00:03:28,560 One example of unsuccessful I see a lot of coin is called Superior coin. 46 00:03:28,620 --> 00:03:36,690 Let me show you quickly what they say about superko in that it's secure fast untraceable currency for 47 00:03:36,690 --> 00:03:39,100 ideas services and other things. 48 00:03:39,270 --> 00:03:41,490 And there was lots of hype about this coin. 49 00:03:41,490 --> 00:03:45,930 People are saying that this will be a great thing in their Facebook page. 50 00:03:45,930 --> 00:03:50,310 There are almost 13000 likes. 51 00:03:50,370 --> 00:03:53,610 Many people were hoping this would be a huge thing. 52 00:03:53,640 --> 00:03:54,900 This will make you rich. 53 00:03:54,900 --> 00:03:57,660 This will buy you a Lamborghini. 54 00:03:57,660 --> 00:04:03,800 People were talking many big things about Superquinn But then you can see what happened. 55 00:04:04,200 --> 00:04:12,350 The sad death of Superquinn killed by Nate So Perry or Cohen rest in peace. 56 00:04:12,360 --> 00:04:20,070 Let me quickly read you here the sound that of superhero coin killed by Nathan St.. 57 00:04:20,250 --> 00:04:21,450 Rest in peace. 58 00:04:21,540 --> 00:04:29,550 The teams that have stolen all our money our e-mail database and all our coins have a lot to answer 59 00:04:29,550 --> 00:04:30,940 to a lot of people. 60 00:04:31,320 --> 00:04:40,250 Our former employee and programmer of supérieure coin Nathan Sen has unfortunately had a mental break 61 00:04:40,250 --> 00:04:50,110 down and changed a lot of password and stole every cent of our money and is posting crazy stuff online 62 00:04:50,130 --> 00:04:56,000 trying to bring down superior Hoyt. 63 00:04:56,170 --> 00:05:04,360 And this is only one of many examples where the protest didn't succeed and people who invested in the 64 00:05:04,360 --> 00:05:08,100 protest may have lost lots of money. 65 00:05:08,110 --> 00:05:12,460 I mean lots of money and that's a danger of ISC over. 66 00:05:12,480 --> 00:05:17,280 On the other hand it's good to know the opportunity but also the risks. 67 00:05:17,340 --> 00:05:24,020 Now I would love to talk with the 50 to 1 ratio. 68 00:05:24,070 --> 00:05:31,140 Most CEOs will fail but some of them will change our world. 69 00:05:31,170 --> 00:05:35,730 There are one thousand five cryptocurrency is approximately at the moment. 70 00:05:35,730 --> 00:05:39,150 Most of them will never succeed. 71 00:05:39,150 --> 00:05:40,670 That's the hard reality. 72 00:05:40,980 --> 00:05:45,530 But some of them will have a huge impact on the world. 73 00:05:45,570 --> 00:05:53,360 That's what I believe but remember in most of the ice fields you may lose money. 74 00:05:53,610 --> 00:05:59,880 There are higher risks in you imagine that you invested in Google or Facebook and these kind of companies. 75 00:05:59,880 --> 00:06:03,160 How do you know 20 years ago that they are going to succeed. 76 00:06:03,300 --> 00:06:05,350 There were many similar companies. 77 00:06:05,550 --> 00:06:08,200 Some of them succeeded like Facebook succeeded. 78 00:06:08,370 --> 00:06:14,910 Google succeeded but there are many companies that we don't know anything today that started doing the 79 00:06:14,910 --> 00:06:19,440 same time but they failed and they never became something big. 80 00:06:19,620 --> 00:06:23,400 And the same is with CEOs many of them will fall. 81 00:06:23,460 --> 00:06:27,780 Many of them will fail but some of them will change the world. 82 00:06:27,780 --> 00:06:33,680 And some experts say that 49 fails and one succeeds big. 83 00:06:34,290 --> 00:06:42,540 And if you can find a great and successful I.S. all you can make big money you can make huge humongous 84 00:06:42,540 --> 00:06:44,060 money. 85 00:06:44,100 --> 00:06:50,750 There's an opportunity in the next six and I'm going to give you a few extremely extremely important 86 00:06:50,750 --> 00:06:54,520 principle that you should follow when you invest in. 87 00:06:54,530 --> 00:07:02,330 I see also how you can avoid the most common pitfalls so watch carefully. 88 00:07:02,360 --> 00:07:05,090 The next lesson about I see o strategy.