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How The Laws Of Money Apply To Crypto
What Do You Think About the Laws of Money?
Get out your ‘Money Pen’ and your Trading Plan notebook. I have an exercise for you that I want you to take action on and I want you to follow through and do it.
Don’t just think about this and agree with it… I want you to actually take the action.
Taking action will show your subconscious that this new knowledge is already becoming a belief, and you are now making that knowledge into a habit.
I want you to write this down and have this answer for reference later, so that you can see if your answer changes over time.
My question is:
What would you do if all of a sudden you had some ‘extra money’?
Write down what you would do if all of a sudden some extra money came your way. Let’s not make it into a big lottery winning or something… imagine something realistic for you.
What would happen if you had ‘a little extra money’?
Write down your answer what you would do.
What would happen if you all of a sudden got ‘a lot of extra money’?
Again, write down your answer. What would you do?
Use your ‘Money Pen’, and physically write down your answers in your ‘Trading Plan Booklet’you’ll want to review your answers in a few months or maybe a few years.
Keep a Trading Journal
There is no right or wrong answer, it is the action of starting to create a success journal so you can speed up how fast you improve your financial success!
Start the habit of writing your own trading journal. Write down your answers.
All successful traders keep a journal, for the same reason that all successful athletes keep a training log. It helps focus your mind back onto the next step in your long term goals.
We’ll talk more about how a trading journal can help you correct your errors to reduce your losses and how your trading journal will help you reinforce correct thinking and increase your profits! Your trading journal is really powerful. So start the habit now.
The Laws of Money
The earth and the cosmos works on exact principles.
The effects of gravity are so stable that we can land a satellite on an asteroid that’s going around the Sun.
We can do incredible things with science because the laws of nature are that precise.
And the laws of money are that precise and reliable too.
This video series will place some of that precise knowledge into your hands.
You will begin creating new beliefs, which will change your habits – and in time, change your results. Because the laws of nature are that precise.
How We Think About Money
It’s important to consider how you think and feel about money. Fact is, you have already been interacting with money your entire life – as a child, you were taught habits with money by watching others, and as an adult you now have your own experiences with money.
Unfortunately, many of us only learned our financial habits from the slick sales ads from banks and credit companies, who profit from selling us into debt!!
Starting today, I ask you to review and become aware of how you feel about money.
Be open and honest about what your habits are with money – so that you can reject the propaganda of the legacy banking systems, and finally start modeling the good thinking and good feeling habits that wealthy crypto investors already use… and which I will reveal to you.
The first focus is to show you how simple this is. and that anyone can do it.
You will soon discover this key: that money works for you – and not the other way around. You will discover how to change this new knowledge into an emotional, deep-in-your-gut belief. ‘Money works for me’. When you are in firm possession of this key, it will inspire action. Action that you can ‘drill for skill’ until it becomes a habit that is as familiar as tying your shoelaces.
And – you also discover why most people FAIL – and how to avoid the most common pitfalls.
How to Make Money
Later in this video series, I’m going to give you some knowledge about how to make your money work for you and have it make more money for you. We also review exactly how to make this knowledge into a belief that changes your actions. Change your actions and you can expect to change what you get as results. Changing your knowledge may not change your actions… so we need to know how to change our beliefs.
I’m going to show you exactly the specific steps of how I changed beliefs that were holding abundance away from me!
By repeating these principles over and over again, you can develop everything you need to make money, keep it, and make your money work for you! As you repeat small success after small success, you will feel excitement and enthusiasm – emotions that help to rewire the way your subconscious thinks and feels about money!
You are going to embed in your mind the mantra: ‘Money Works For Me.’
Repeat that three times in your mind: ‘Money Works For Me.’
You are going to prove it. You will experience the satisfaction – and the benefits. You will be happy to repeat the success until it becomes a habit that is automatic.
So here’s what I invite you to do…
As you go through my personal philosophy of financial success – I want you to think about how this applies to your specific situation – because not too long ago I was very much where you might be right now… I was struggling to pay bills. I was angry and resentful about money. I was passive-aggressive about budgeting, and as a result I had very little money.
For me, trading bitcoin on a well known exchange was like video game points. It was separate money from my bank account that had a very different emotion connected with it. I could leave it without spending it and instead I began to practice making it grow and grow… this is the very process I used to start fast – and I’ve never looked back!
Knowledge vs Belief About Money
Let’s begin with a review of how you think about money, and what effect those thoughts might have on making money and growing that money into a fortune.
To begin with consider the difference between having ‘knowledge about something’ and having ‘a belief in something’.
Would you agree that difference might affect actions that you actually end up taking? And isn’t it true that your actions lead to the results that you end up getting?
I’m going to share knowledge with you and demonstrate specific examples that have changed my beliefs. These new beliefs changed the actions I take with money – which, step by step, has lead to dramatically different and better results for me!
And I think these beliefs can do the same for you.
Start Slow and Certain
We begin with the focus of providing you a sequence of sure and certain financial successes – that you can repeat, and repeat – to build the all prosperity you desire and deserve.
You will prove to your subconscious mind that ‘money works for you’.
You, and many others who watch this video series, are going to become financially independent – I predict crypto millionaires – with a deep reservoir of assets. And then you’re going to purchase many fantastic fun things for your life!
Why can I make such a bold prediction?
Because…
You will see how easy it is,
what specifically to do,
and how to build the beliefs that create new habits, that in the long run, assure your success.
Putting this knowledge into action can change your beliefs about money – and change the way you interact with money in all areas of your life.
What is Risk Capital?
We are starting out our investing with Bitcoin and cryptocurrencies because we can start off with micro-amounts of ‘Risk Capital’ to begin investing and growing our money.
Starting with micro-investing with bitcoin allows us to skip some of the steps that investors had to go through in the past. We no longer need to set up an account with a brokerage firm and deposit thousands of dollars to place our orders while paying high commission fees in order to start investing.
Risk Capital is money that you could lose and it would have no effect on your assets, it would have no effect on your savings, and it would have no effect on your monthly bills and expenses. Risk Capital is truly ‘extra money’.
The Risk Capital Hierarchy
Ideally, if someone taught you about money when you were young, you would already have the ongoing habit of saving part of your earnings. When the savings accumulated enough, you would purchase assets. Your assets would produce revenue – which could be used as Risk Capital in speculative investing.
If you are like me when I was beginning, you have a poor relationship with money and have no savings.
You must start out finding ways to earn free Bitcoin. And while Bitcoin is money… it’s kind of separate from our regular living and job earnings with FIAT currency. So the little amounts of digital currency can be lost without risking your rent or mortgage payment, or your groceries…
Because these micro-bits of money can be lost without any consequence to you – that fits the definition of ‘Risk Capital’, no matter how small you are starting out. For me, this is the ‘killer app’ that Bitcoin represents – the possibility for anyone to start of from nothing and begin micro-investing to establish new habits and new thinking about money.
You are at an advantage to learn these financial strategies with cryptocurrencies because ‘Risk Capital’ has different emotional feeling connected to it, than does your survival money.
Speculating and Investing vs Gambling
It is important to make a distinction between speculating and gambling. Our focus is to stay away from the gambling mindset. I’ll explain more about that later – but this course starts off with the long term, careful and considered mindset of an investor.
Remember the chant ‘Money works for me’, and not ‘I’ll be lucky with money’.
All of us are emotionally connected to money because it is part of survival, security, comfort and freedom. When you have lots of money everything’s a lot easier – when you don’t have money… not only are circumstances more difficult, but you may begin to doubt yourself.
I know. I’ve been there. I’ve had a long years of financial struggle. At the base of it, I put this book together as my own University. I compiled the best lessons I learned and created my own universe(ity) so that I become more successful with money, and so I would become a better trader and earn profits consistently – as fast as possible.
Many trading gurus focus on the technical parts of trading and skip over the personal motivations that give us the power to overcome difficulty and keep going when success is not immediately evident. In order to make ‘successful trading’ a long-term habit, you must have a personal connection with your deepest motivations.
Be sure to watch our videos on setting goals for success in crypto trading.
Thank you for joining me on this journey on understanding how The Laws of Money Apply To Crypto. We have more than 50 videos in the planning, and your questions have already grown our list! Please leave your requests in the comments below any of the videos in this series!
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Trade Safe and Keep Those Losses Small