How to fall down the rabbit-hole cautiously - non-billionaire edition
#1
Learn the lingo
You've heard about:
-NFTs
-Crypto
-Web3
From a:
- friend at a party
- red-eyed person on Twitter
- guy called Kevin
But you don't understand them.
-𝗛𝗢𝗗𝗟: A drunk guy says in a forum "I'm HODLING" - not selling even if I'm -250% down.
-𝗔𝗣𝗘: Buying something with your eyes closed
-𝗕𝗔𝗚𝗦: Buying something but stupid to hold them
-𝗗𝗔𝗢: Group of people with a culture, coordination mechanism, and are either goal/value-driven.
-𝗙𝗨𝗗: The party-pooper person. I'm scared (Fear, uncertainty, doubt)
-𝗠𝗢𝗢𝗡: What happens to dogecoin when Elon tweets
-𝗣𝗥𝗢𝗢𝗙 𝗢𝗙 𝗪𝗢𝗥𝗞: Using computers as slaves and hitting them with electricity to get crypto
-𝗣𝗥𝗢𝗢𝗙 𝗢𝗙 𝗦𝗧𝗔𝗞𝗘: More civilized way of getting crypto - capitalistic buying crypto and feeding computers
-𝗥𝗨𝗚 𝗣𝗨𝗟𝗟: Spending $200k on university tuition only to realize you can find ...