When you enter the cryptocurrency world you realize that there are see all this all the time everywhere
and so many of them now I'm on Facebook and I'm seeing this advertisement they say participate in the
largest ICL ever before it's too late and then they have big promises.
Inside this advertisement then I go to the coin market cap.
I go to check out how my coins are doing.
And then I see all the time this I see all now join I see oh now 30 percent public sale bolos and I
go to Google.
I search for cryptocurrency I suppose.
Right away there are advertisements.
Want to invest in IFCO StoryCorps token sale is online at 30.
Paul sent both tokens there and various other one bit from the coin top coin learning earn up to forty
eight per cent per month.
Can you imagine when you call the stock market.
They say that 8 percent is skewed on average 15 percent.
These are some 20 percent if you own 20 percent per year you are in the world class and now they are
probably seen in this ICL.
Forty eight percent per month.
Can you imagine.
So is it really too good to be true.
Let's have a look.
So I explained to you before I see also all a double edged sword.
It can be a blessing or a curse.
You win big.
If the Protech succeeds I sold you with decree ethos that was known before us Bitcoin's and then for
example Colorado.
They were selling Carreno in their pre-sale for no point No.
2 3 US they.
So less than one cent can imagine.
Less than one cent for one card for one other coin.
And let's have a look how much it's now the value the price of one card in a coin is 70 cents.
Can you imagine in the market cap of Cardinal.
Seventeen point eight billion U.S. dollars.
It's in the top five of the biggest crypto currencies.
So if you invested some money in cardno in their eyes he also Allstate's in their sale you will be a
millionaire three.
Can you imagine.
But let's have a look at the other side boards.
People often like to talk about these big queens.
How I became a millionaire in 100 days or something like that.
They tell these stories this kind of stories.
But often they forget to tell you the other side of the coin.
Other side of the world as we talk in this parable and there are many examples where I see also how
failed they sold something the value went up.
But then it dropped dramatically or they sold it for some price and it went down immediately.
One example of unsuccessful I see a lot of coin is called Superior coin.
Let me show you quickly what they say about superko in that it's secure fast untraceable currency for
ideas services and other things.
And there was lots of hype about this coin.
People are saying that this will be a great thing in their Facebook page.
There are almost 13000 likes.
Many people were hoping this would be a huge thing.
This will make you rich.
This will buy you a Lamborghini.
People were talking many big things about Superquinn But then you can see what happened.
The sad death of Superquinn killed by Nate So Perry or Cohen rest in peace.
Let me quickly read you here the sound that of superhero coin killed by Nathan St..
Rest in peace.
The teams that have stolen all our money our e-mail database and all our coins have a lot to answer
to a lot of people.
Our former employee and programmer of supérieure coin Nathan Sen has unfortunately had a mental break
down and changed a lot of password and stole every cent of our money and is posting crazy stuff online
trying to bring down superior Hoyt.
And this is only one of many examples where the protest didn't succeed and people who invested in the
protest may have lost lots of money.
I mean lots of money and that's a danger of ISC over.
On the other hand it's good to know the opportunity but also the risks.
Now I would love to talk with the 50 to 1 ratio.
Most CEOs will fail but some of them will change our world.
There are one thousand five cryptocurrency is approximately at the moment.
Most of them will never succeed.
That's the hard reality.
But some of them will have a huge impact on the world.
That's what I believe but remember in most of the ice fields you may lose money.
There are higher risks in you imagine that you invested in Google or Facebook and these kind of companies.
How do you know 20 years ago that they are going to succeed.
There were many similar companies.
Some of them succeeded like Facebook succeeded.
Google succeeded but there are many companies that we don't know anything today that started doing the
same time but they failed and they never became something big.
And the same is with CEOs many of them will fall.
Many of them will fail but some of them will change the world.
And some experts say that 49 fails and one succeeds big.
And if you can find a great and successful I.S. all you can make big money you can make huge humongous
money.
There's an opportunity in the next six and I'm going to give you a few extremely extremely important
principle that you should follow when you invest in.
I see also how you can avoid the most common pitfalls so watch carefully.
The next lesson about I see o strategy.