Builders Vs Market Watchers: Crypto Is Overrun With The Latter
Cryptocurrency is 95% people who only care (and talk about) green candles. We can see it in their use of terms such as bear market, all time high and other phrases that do not equate to business. This is a problem.
In this video I discuss how we are in an industry that needs to flip the ratio. If we do that, the impact of Web3 and its transition to commonplace will be rapid.
▶️ 3Speak
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Crypto is as strong as it's community's mindset
Sometimes red candles are for profitable than green candles.
Summary:
Taskmaster 4450's video discusses the difference between business builders and market participants within the crypto industry. He emphasizes the importance of focusing on building projects and creating value rather than solely speculating on market prices. He criticizes those who are only concerned with market conditions and price movements, highlighting the need for more entrepreneurs and builders in the crypto space. An emphasis is placed on shifting the focus towards building and creating tangible projects rather than just chasing profits.
Detailed Article:
Taskmaster 4450's video delves into the distinction between individuals in the crypto space who are actively building projects (business builders) and those who are primarily focused on market trends and prices (market participants). He begins by addressing the current excitement in the crypto market due to the bull run of Bitcoin, pointing out that many individuals are more interested in market watching than in actually contributing to meaningful development within the industry.
He stresses that true business builders are not preoccupied with market terms like bullish or bearish, which are related to market sentiment rather than actual business operations. Taskmaster 4450 uses prominent business figures like Elon Musk, Jeff Bezos, and Tim Cook to illustrate the importance of focusing on business aspects such as revenues, growth, and innovation rather than just stock prices.
The speaker criticizes the prevalent fixation on market prices and the lack of discussion around building tangible projects and creating value in the crypto space. He gives examples of projects like Voltaic and CTT, which prioritize discussing their projects' development and game theory rather than focusing on price speculations like other crypto influencers on platforms like YouTube.
Moreover, Taskmaster 4450 mentions how individuals on platforms like Hive primarily talk about token prices without relating them to the projects being built or the value they aim to bring. He contrasts this with investors like Warren Buffett, who emphasize valuation and focus on the intrinsic worth of companies rather than just market movements.
The speaker highlights the need for more builders and entrepreneurs in the industry, criticizing individuals who are solely interested in price speculation and chasing quick profits. He emphasizes that true impact and change come from building and creating tangible projects that add value to the ecosystem.
In conclusion, Taskmaster 4450 encourages the audience to shift their focus from market speculation to actual project building and creation. He emphasizes that true progress and innovation in the crypto industry will come from individuals who are dedicated to building sustainable solutions and adding value to the ecosystem.
Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested/approved by the channel owner.