Yes, YOU are a Crypto VC.
According to Investopedia, a “VC” or Venture Capitalist is “an investor who either provides capital to startup ventures or supports small companies that wish to expand but do not have access to equities markets.”
Venture Capitalists make risky investments in early-stage business ventures in hopes of returning massive multiples on their initial investment…
I’m talking 30-40-50x+…
So if the majority of their investments don’t pan out, they are still sitting well with a nice profit when it’s all said and done.
They are betting on the future…
And unless you’re a genie and have a magic ball, we all know that predicting the future with 100% certainty is impossible.
Sure, there are ways of increasing your probability of success, but at the end of the day, it’s all about taking a stance and sticking to it…
That’s what VC’s are great at.
They see the future through their limited lense, then they become skeptical and ask tons of questions…
When they feel confident that “their future” is likely to be “our future,” they put their money where their mouth is and take a stance…
Not just in the form of capital, but personal resources, like their time, energy, and personal connections.
Once they are “in,” they literally are “all-in”…
Doing whatever it takes to help make that investment succeed…
Because if there’s one thing that VC’s hate, it is losing money… they don’t lose.
It may take a year, or it may take a few years, but they stick to their “vision” and see the investment through to the end…
Whether that turns out to be favorable or not, all lies in the hands of the market, but be damn sure that they will do everything in their power to make it a successful investment…
And remember, all it takes is ONE.
Do you think the VC’s that invested in PayPal, Facebook, Uber, Whatsapp, and Twitter count their losses?
Sure, they might think of them from time to time, but probably with a smirk on their face when they think of all the insignificant investments they have made over the years…
Because ultimately, people only remember the wins.
The same can be said for investing in cryptocurrencies…
Find projects that interest you, that you are passionate about, and that you believe will shape the future…
And be skeptical and seek out the opposite views of your “hypothesis,” taking all accounts into consideration before coming to a conclusion…
Then not only put your money where your mouth is, but get active in the community and use your “superpowers” to bring value to the team and product…
Because what benefits the team and community, will ultimately benefit you and your investment holdings.
Just remember….
All it takes is ONE.
The only way to lose in this game (yes, it is a game if you haven’t figured it out yet), is if you have weak hands and don’t follow through on your “vision for the future.”
Don’t let friends, family, Facebook, Bloomberg, CNBC, or whatever other FUD-producing machine change your view…
Stand strong and HODL…
You will win in the end.
Tomorrow, I’ll talk about some of my biggest returns and how they have allowed me to offset my current losses and maintain a profitable crypto portfolio, while buying the bottoms of the coins and tokens I most believe in.
To your success,
“Crypto” Colin Andrews and The LearnCryptoFast Team