let's go about a week ago i received my whitelist email to be able to get verified
on veve and eventually you'll need to be verified to participate in just about every single part of
the veve app but probably most importantly and most anticipated is it gives you the ability
to cash out which i now have the ability to do and here is why i am not going to do it if you
decide that you want to cash out or if it's best for your situation whatever it might be
i'm not holding anything against you more power to you take your profit when you can this video
is just about my personal reasonings as to why i'm not cashing out just yet even though i now
have the ability to and at the end of the video i'll be showing the entire process of
when i got my email how long it took to get verified all that good stuff in case you're
curious about how the process works or if you want to know what it might look like for when you do
it so if you're curious about that stick around until the end so the first and maybe most obvious
reason is that prices are just so low right now the lowest we've seen them in a very long time
six seven eight maybe even more months than that so i feel like i really be selling myself short
when i sell right now and also keep in mind that a lot of people myself included our money has
been tied up for over a year well over a year by now and along with that a lot of us have had the
expectation that we were going to be able to cash out a long time ago so this has been a long time
coming money's been frozen tied up for a very long time and for good reason a lot of people are very
anxious to pull their money out immediately so as you would imagine as was pretty much expected by
a lot of people prices are dropping significantly as people rush to cash out first or just as soon
as they're able to so i'm fortunate enough to be in a position where i don't need to pull money out
right now you know don't get me wrong it would for sure be nice to have a couple extra hundred or a
couple extra thousand in my account definitely and if you need to sell to pay bills whatever go ahead
do what you got to do but for my situation i'm not going to go in a race in the bottom try to
undercut prices try to sell whatever i can and whatever price it'll sell for how i see it is that
if you're able to weather this storm then it will be greatly worth your while by the way this is not
financial advice and will never be financial advice back during the last bull run i was
thinking man i want these prices to be back where they were before i want a second chance to be able
to go out and buy them and now that chance is here prices are the same as they were if not lower than
like i said six plus months ago so if that was my mindset during a bull run why would it
change during this time if i still have the same conviction in the project which i do i actually
have more than i did back then so i'm seeing great deals on the market right now and it makes
me feel a lot better knowing that if i invested in these wait six months a year maybe less maybe
more i don't know but just knowing that if slash when prices do go up i'll be able to cash out
immediately it makes me feel a lot better about continuing to invest in this project continuing
to put money into it and that very worst case if worse comes to worse i could still sell for a loss
and still recoup at least some of my money and be able to use that it won't just be stuck as a
worthless gem and i saw this tweet from t-bone 76 that really sums up my thoughts about mtl
quickly and concisely here it goes he says anyone else thinking to themselves now that mtl is here
it's not the time to cash out i just think why sell some items to make a quick buck when i can
wait a little longer and make a buck and a half you know he lays it out there really simply but
that's exactly what i'm thinking the next reason is that i am prepping for the master collector
program if you notice in the list of benefits that it shows you of what you get for being verified
the master collector program is thrown in there and as you guys probably know if you've been
on the app there is no master collector program currently active so it looks like they're prepping
for it it might be the next big step that they move forward with now that ntl and kyc the web app
is in beta now that all those major landmarks are here they can set their focus onto the next thing
which it looks like is the mcp so i don't want to sell my sets get rid of them right when they're
gonna be more valuable and provide every single collectible on the app utility and the last and
maybe most important reason is that it gives veve infinitely more credibility this is going to bring
in so many whales so many just retail investors i know personally i know it's anecdotal but i
have multiple friends who have told about veve and they seem interested that you know they like star
wars they like the brands all that good stuff but they don't like the idea of your money being tied
up and they told me that they'll start veve once you can cash out if you were to extrapolate that i
would imagine a lot of people would share the same sentiment so this would bring more credibility and
whales can feel a lot more comfortable putting in tons and tons of money knowing that at any
time it can be pulled straight out not just for usd but also for a range of cryptocurrencies so
there's tons of accessibility tons of options it removes one of the biggest barriers to entry on
this entire app this entire ecosystem slowly but surely veve is delivering on all their promises
and they are just squashing all the fud all the things that make people second-guess the project
or hold back from it all these things as i said were gonna happen you know it wasn't exactly on
time necessarily but you know it came when it came so when things get hot again veve really has no
excuses as to why it's not gonna blow up be at the forefront of the nft maybe even the crypto market
i think a lot of people underestimate the power of being linked with these major major brands i might
sound like a broken record if you watch my channel a lot talking about you know disney marvel and all
this stuff but guys like have you ever seen a crypto project that is paired with so many real
world businesses and not just speculation like oh we're gonna work with them oh that we might use
their crypto for this business no like they have a working product active partnerships and they're
raking in millions of dollars of revenue basically every week if you guys think that you want your
investment to succeed just think about how bad and how much control disney has over their investment
succeeding and their ip how it's distributed and how it looks how it's put out to the public in
my opinion they'll do whatever it takes to keep veve afloat keep veve being profitable or keep
them just putting out high quality stuff even you know it's not out of the realm of possibility that
down the line disney might even buy out veve so to sum it up in my personal opinion i think that if
you want to make a better return on investment if you just want more money in your pocket you
might be better off waiting you know i could be wrong i'm no expert but what i've learned from
my time on veve and just investing in general is that more times than not it helps to zig
when others are zagging and go against the herd and accumulate when people are scared
and sell when people are greedy so that's the strategy that i'm deploying when it comes to
mtl and cashing out so now i'll be showing the process of what it looks like when you get the
email when you get verified and all that so if you don't care about that if you've already done it
see you on the next video thank you for watching if you want to know here you go so on july 5th is
when i received the email that i'd be whitelisted and then on july 7th when i signed onto the app
it prompted me to get verified it's possible that it came before that but that was my first time
signing onto the app and noticing it so from there it was very very simple i just clicked on the
prompt it showed me some of the features that we'd be getting for being verified and then i started
the process so you'll need an id a selfie and a document that has your proof of address such as
a bank statement or a utility bill so from there i gave them a nice little selfie to look at and then
i was on my way my documents were pending review and one mistake i did make was that i pulled up my
bank statement from my phone and i just pulled a screenshot they don't accept screenshots i
had to print it out and take a picture of the physical bank statement but then once i did that
it was no problem this all got verified within a few minutes like it says it was extremely easy i
could not emphasize enough how easy it was so i am now veve verified no restrictions i am completely
locked in so there you have it guys even though i have access to one of the most
long-awaited features on the entire app i am not even going to use it just yet let me know
if you'll be cashing out let me know if you've gotten whitelisted yet if you've gotten verified
if not your time is coming soon thank you very much for watching like if you liked
dislike if you disliked comment if you got something to say and subscribe if you are
enjoying the content guys as always this has been nft flenny and i will catch you next time
you