Chapter
Investing in Creator Coins
29:34 - 33:46 (04:11)
The speaker discusses investing in creator coins and the potential for a hype cycle if big individuals promote the coins. However, popularity does not guarantee an increase in value if people are not interested in buying the coin.
Clips
The concept of buying creator coins is based on the assumption that the creator or cryptocurrency will become more popular in the future.
29:34 - 32:20 (02:45)
Investing
Summary
The concept of buying creator coins is based on the assumption that the creator or cryptocurrency will become more popular in the future. However, this assumption relies on the willingness of others to buy, leading to questions about whether it is a legitimate investment or just fear of missing out (FOMO).
ChapterInvesting in Creator Coins
Episode#164 with Ryan Begelman - BitClout Explained, How To Successfully Angel Invest & A Police Sting?
PodcastMy First Million
The value of a coin can be affected by the tweets of influential figures and their reputation.
32:20 - 33:46 (01:26)
Cryptocurrency
Summary
The value of a coin can be affected by the tweets of influential figures and their reputation. Coin holders can benefit or suffer from these effects.