Welcome to BitBoy Crypto!
The people's channel
Home of the BitSquad
The largest and greatest crypto community in all of the Interwebs
No channel works harder to keep you in the know about crypto.
My name is Ben.
And today, we're going to be continuing our journey looking at our investment philosophies.
This will be the fourth investment philosophy.
No. 1, we looked at developing a long-term mindset.
No. 2, we looked at understanding market behavior.
No. 3, we looked at building a balanced portfolio.
Now, No. 4, what I believe to be the most important thing you can do in crypto,
become a crypto expert.
What do I mean by this?
Does this mean you need to go get every single book you need to read?
Well, you definitely need to stay plugged into what's going on.
You know, on this channel.
If you're on bitlabacademy.com,
checking out new courses.
Just keeping up with the culture of crypto that exists.
You know, on social media.
It is important to stay in the know
and know what, you know, events are happening,
current events are happening in crypto.
People that lose, they move out of paying attention to crypto,
and they come back few years later and say,
"Ah, I missed it! Man, I wish I would have stayed in."
So don't be that person.
But here's the thing.
One of the best things you can do is learn how to generate income for yourself
in crypto or through the crypto space.
That's what I did here with this YouTube channel.
There are plenty of other ways to do it.
That's what, you know, blockchain coders do.
It's what people on social media do.
It's what people in the NFT world do.
It's a great way to set yourself apart.
You need to find an area
where you're going to be able to know it in and out as well as you can.
It's a journey of course.
And you are going to be able to generate some type of income through that niche.
So we're going to break this down,
become a crypto expert, into three categories here.
No. 1, find a niche and generate income.
So, you know, I mentioned some of the general broad niches. Okay?
Maybe you are really into dApps.
Maybe you're really into DeFi and liquidity pools and staking and yield farming.
Maybe that's something you want to do.
Maybe you want to go all in on NFTs.
Maybe you're cutting edge, and you're thinking to yourself
you want to get neck deep into metaverse.
Well, we've got channels here to help you with that.
We, of course, have NFT Alpha.
Justin and Deezy,
you can find them on the NFT Alpha channel making videos about NFTs.
We also have Meta Money, Bryan and JChains doing those videos,
talking about what's going on in the metaverse.
Big stuff coming to that channel here pretty soon.
Trading, if you want to become a trader.
Trading is a full time job.
If you want to become an expert in trading,
you kind of have to block out a lot of other things.
You're probably not going to be able to be a trading, a TA expert,
and also an NFT expert.
Maybe you can slowly phase things in
once you pick a niche and you really study it in and out.
But crypto is getting too broad where you have to pick something.
So if you want to do trading, we, of course, have the Frankie Candles YouTube channel,
where he's showing you guys a lot of simple basic concepts
along with doing live streams.
But the fact is, you've got to pick one of these areas. Okay?
What we'll do later on another video,
we'll kind of make like a comprehensive list of things that you could be considering.
Social media, become a YouTuber.
Those are also some good things that you could do.
There are so many niches across crypto.
It might be becoming an expert in layer 1 protocols
or, you know, something like that.
There are all kinds of areas in crypto.
But you've got to pick one and you've got to get a plan
to start generating an income through that.
It may be flipping land in the metaverse.
You know, that could be something.
So you've got to pick a niche,
learn it inside and out,
and figure out a way to generate income.
We're going to be showing you guys how to do that,
you know, over time on this channel here.
But that's the first thing.
The second thing you have to do,
to become an expert, you've got to have the resources.
You have to have the materials.
So you have got to build a research arsenal.
And we are going to be showing you guys so many different sites,
so many different tools.
We're going to be doing tutorials.
Of course, all of this can be found at bitlabacademy.com.
We're already doing stuff like that there.
But we're going to be doing some of that.
On this channel, we're going to be looking at value.
Are some of these sites actually worth it to get in?
And help you figure out, like, is the research helping you?
Are paid services good?
What are the free tools that are available?
What do I use when I'm doing my research?
What sites do I integrate into the research and the preparation for our live streams every day?
So you've got to have not only an arsenal,
but you also have to know how to use it,
which is just as important.
So we're also going to be taking you through steps to help you develop
almost like a worksheet for yourself
to help you figure out,
you know, what is your research method?
Like, what is it that you think is important?
What are the characteristics of a project or an NFT
or whatever it might be, an investment that--
of course, I can't give financial advice.
I'm not a financial advisor.
But, you know,
basically where you can feel very confident in your decisions that you're making.
You're not doing things-- you're not investing in the three letters,
you're not just investing into something because somebody talked about it,
but you have a process.
And we're going to guide you through that.
Really excited about helping you guys build this, this research arsenal out
because it is going to be a tool that we're going to have.
And I've been working on some stuff.
I've been working on some stuff
that is really going to help us in this journey.
Basically, I've been building a master list,
a master list of, you know, resources,
and it's going to be really, really good stuff.
So I can't wait to talk more about that.
Now, just so you guys understand, the way these videos are going to work is,
after we've got these five investment philosophies,
for the most part,
all of our videos going forward that are pre-recorded
will fit into one of these categories.
It could be mining. Mining is another niche.
I didn't even mention that one, by the way, of course.
But there you go.
So you have to find a niche, generate income,
you have to build a research arsenal,
and then, lastly,
you've got to plug into a community.
This is so important.
When we have meetups,
it's not just so people can come meet me.
Meet each other.
These are people that you are in crypto with.
I'll tell a quick story about a, you know.
This kind of ties it all together, in my opinion.
A guy that works at Token Metrics.
He's, you know, one of their executives there.
I think he's still there.
He was there a few months ago, so.
He was the COO.
He might still be.
I assume he probably is.
The chief officer of operations.
And he got that job as the COO of Token Metrics
because he got in Ian Balina's Telegram group and became an admin
and basically made himself indispensable to, you know, Ian's operation there.
He started just as a guy in a Telegram chat.
He became the COO of one of the, you know, most well known research sites in crypto.
That just shows you the power of plugging into a community
and making yourself known.
You have to build a network.
When I look at the people here that I work with,
JChains, TJ, Wendy, CryptoStache,
we were all in a group together in the very early days
when we were all getting our social media stuff started in early 2018.
And we grew that community, those relationships,
into where we're all at now.
And we're still all really good friends.
And it's really blossomed into something great
because we laid the foundation by creating a community.
So you need to have large communities,
Discord servers, Telegram groups, whatever the case may be,
but you've got to work on generating a tight, intimate circle,
a think tank for yourself in crypto.
If you don't have people that you think would fit into a crypto think tank that you are talking to,
you've got to do that. You have to have a group of people to bounce ideas off.
Or else they just rustle around in your head like leaves in the fall.
So that's it, guys.
That's all I want to say.
Those three, you know, kind of principles underneath this investment philosophy
of becoming a crypto expert.
You're going to pick a niche and generate income.
You are going to build a research arsenal.
And you are going to plug into a community.
Don't forget. You've got to create that small, intimate community.
That's where you're going to get your best results.
So we'll be talking more about this.
I can't wait to do some videos on the research arsenal.
It's going to be good.
That's all I got.
Be blessed.