Many moons ago, there was an Australian rock band that had a hit called Ego is not a dirty word. I loved it and its in your face attitude.
A couple of days ago I wrote a newsletter piece that drew on that title - I called it Crypto is not a dirty word (but speculation is).
The whole concept can be applied to CTP and what it's trying to teach us to do. Selected points of my newsletter are reprinted below
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If you haven’t noticed, I’m kind of excited about Cryptocurrency and the future of block chain technology Being excited about something doesn’t mean that I’m about to go stupid and go on a buying spree.
Far from it.
I’m not going to be swept up in hysteria for fear of missing the boat. There’s no need for that. Crypto is very young and we’re still in the very early stages of adoption and acceptance.
Sure, Bitcoin is ten years old and if we’d got in early and held on to our stake, we’d be in clover. But that doesn’t mean we’re late to the party. Consider this tweet from one of the major players in the crypto market place
Just think about that for a while.
Again, I must emphasize that I have no intention of going on a buying frenzy nor do I suggest that you do. The market is incredibly volatile and is liable to fall as quickly as it rises. Speculation is dangerous at the best of times. It is especially dangerous when herd mentality kicks in and people are buying without doing due diligence. That’s a recipe for disaster.
Instead, I’ve adopted an attitude of cautious optimism, opting to accumulate Crypto rather than speculate.
Oh yeah, Mark, how do you do that?
Pretty easily actually.
I follow the steps laid out in Start Earning Today and I’m active in a couple of Crypto generating places. When I say active,I simply mean participating. I comment, share, like and post - just like you do on the big social media channels. In return I get paid small amounts of Crypto. Sometimes it's worth a couple of cents, other times as much as $20- 25. The point is that I don’t particularly care how much that Crypto is worth today. I’m simply looking to accumulate it.
I accumulate BAT through my Brave Browser,
I accumulate HIVE through my blogging activities
I accumulate TORUM through some specific Twitterlike activities I perform every day.
Why?
Because of the potential for growth in the medium to long term.
I have no idea what the price of HIVE, BAT or TORUM will be next week, let alone next year, but I do know that the use of Crypto is likely to rise in the coming years.
With increased use, it's likely that some cryptocurrencies value will increase.
It isn’t an exact science but accumulating like I am carries very little risk. I’m comfortable with that and I’m comfortable with taking a medium to long term view.
And if one of these currencies takes off…...then who knows?
We can always dream ...
In the meantime, I’d like to invite you to the Torum platform. Once you verify your identity, they’ll gift you 75 XTM. Right now that’s worth $3.75, but who knows what it will be worth in the future?
===> Click here to sign up with Torum
What I really like about Torum is that the more consistently active you are, the sooner those XTM add up.
It costs nothing and furthermore takes very little time to earn the set daily rewards.
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What CTP is teaching is invaluable, we just have to stay the course and take a medium to long term view.
CTP is not a dirty word - don't you believe what you've seen or you've heard....
Until next time, keep smiling
Mark