This Moment Should Scare You..

Summary

The speaker addresses the uncertainty in the crypto market and urges viewers to embrace discipline over desire for success. He emphasizes that enduring pain and stepping out of comfort zones are crucial for achieving financial freedom. The video serves as a motivational blueprint, highlighting the importance of taking advantage of market dips and maintaining good habits, even during downturns. The speaker concludes by encouraging viewers to make informed decisions and seize opportunities, rather than waiting for perfect conditions.

Takeaways

• 😌 Patience is key in investing, especially during market turbulence, where the speaker emphasizes the importance of sticking around and not panicking during downturns.
• 🤔 The speaker challenges viewers to reflect on their actions versus their words, highlighting that many people do not follow through on their commitments, whether in fitness, diet, or investing.
• 💪 Success requires both desire and discipline, with the latter being the more significant factor. The speaker suggests that enduring discomfort and stepping out of one's comfort zone is crucial for achieving goals.
• 🚶‍♂️ The speaker points out that most people do not take the necessary actions to achieve their goals, often preferring to stay in their comfort zone rather than pushing through the pain required for success.
• 💡 The video script suggests that true success often involves some form of pain or discomfort, and that this is a reality that must be accepted and embraced on the path to achieving one's goals.
• 💰 The speaker discusses the disparity between those who are born into wealth or privilege and those who must work hard to achieve it, noting that the latter often have a stronger work ethic and are less likely to develop poor habits.
• 💡 The importance of having a vision for one's ideal life is highlighted, with the speaker encouraging viewers to consider whether they want a life of freedom and control or one of routine and limitations.
• 🏁 The speaker emphasizes that investing in crypto is a marathon, not a sprint, and that patience and persistence are required to achieve financial freedom through this asset class.
• 🛑 The script discusses the idea that downturns in the market should be seen as opportunities rather than reasons to panic, with the speaker encouraging viewers to take advantage of discounts and make informed decisions.
• 🤷‍♂️ The speaker acknowledges that most people will not change their habits or take the necessary steps to achieve success, but hopes that some viewers will be inspired to make the necessary changes.
• 📈 The video ends with the speaker reviewing current market conditions and encouraging viewers to take action during the market dip, suggesting that this is a time to buy and invest in undervalued cryptocurrencies.

Q & A

What is the main theme of the video script discussing?

The main theme of the video script is about handling uncertainty in the market, particularly in the context of cryptocurrency investment, and the importance of discipline and enduring pain for long-term success.

What does the speaker suggest is the key to distinguishing between those who are truthful and those who are not?

The speaker suggests that during times of turbulence, it is the actions people take, rather than their words, that reveal if they are telling the truth or not.

According to the speaker, what percentage of success is attributed to desire, and what is the rest attributed to?

The speaker attributes 25% of success to desire and the remaining 75% to discipline.

What does the speaker mean by 'discipline involves doing things out of your comfort zone'?

The speaker means that discipline requires individuals to take actions that they are not usually accustomed to, which may involve discomfort or pain, in order to achieve success.

Why does the speaker believe that many wealthy people can become lazy?

The speaker believes that many wealthy people can become lazy because they were born into wealth or a prestigious environment and have not had to develop the work ethic or discipline that is often required to maintain or grow wealth.

What is the speaker's view on the importance of enduring pain to achieve success?

The speaker believes that enduring pain is a necessary part of achieving true and lasting success, as it is through overcoming challenges and discomfort that one can achieve their goals.

What does the speaker suggest is the difference between people who are successful in crypto investing and those who are not?

The speaker suggests that successful crypto investors have a different perspective, seeing opportunities in downturns, and are disciplined in their approach, whereas others may be deterred by fear and uncertainty.

What does the speaker mean by 'investing is a marathon, not a sprint'?

The speaker means that investing requires patience and a long-term perspective, as gains and success do not come quickly and are often the result of consistent effort over time.

How does the speaker define the 'blueprints of what you have to expect on your journey' to financial freedom?

The speaker defines the 'blueprints' as the understanding that financial freedom requires enduring pain, discipline, and making decisions that align with one's long-term goals, rather than seeking immediate gratification or comfort.

What advice does the speaker give to those who are considering investing in cryptocurrency during a market downturn?

The speaker advises investors to view market downturns as opportunities, to be patient, and to act with discipline, making decisions that they believe will bring them closer to their financial goals.

What does the speaker suggest is a common trait among people who do not achieve their goals?

The speaker suggests that a common trait among people who do not achieve their goals is laziness and an aversion to change, as they often do not follow through on their initial desires or take the necessary actions.

Outlines

00:00

🤔 Reflection on Market Turbulence and Personal Discipline

The speaker initiates a thought-provoking discussion on how market uncertainty can test an investor's resolve. They suggest that during times of market turbulence, it's a litmus test for the authenticity of one's claims about their investment strategies and personal growth. The speaker emphasizes the importance of discipline over desire, using the metaphor of people who claim to start diets or exercise routines but fail to follow through. They argue that true success involves discomfort and that those born into privilege often lack the necessary work ethic, becoming lazy due to the absence of the struggle that builds character. The speaker encourages viewers to use moments of adversity as motivation and to make decisions that align with their long-term goals, rather than succumbing to short-term pain or the fear of uncertainty.

05:00

💡 The Blueprint for Success: Discipline Over Desire

This paragraph delves deeper into the concept that discipline is the key to success, not just desire. The speaker uses the dichotomy of fast food versus healthy eating and the gym as examples of the immediate gratification versus the long-term benefits that require effort and discomfort. They extend this analogy to the world of cryptocurrency, asserting that investors who can endure the volatility and make calculated decisions during downturns are the ones who will ultimately succeed. The speaker challenges the viewer to envision their ideal life and to consider whether they are willing to take the 'road of pain' today to achieve a life of freedom and control tomorrow. They stress that success in any field requires a commitment to action, even when it's difficult or uncomfortable, and that true financial freedom is not achieved without enduring some level of hardship.

10:02

💰 Embracing Market Downturns as Opportunities

The speaker discusses the current state of the cryptocurrency market, highlighting the discounts available on various coins as a potential opportunity for investors. They compare these market conditions to finding deals in a mall, suggesting that those who capitalize on these discounts are making moves that outperform the majority who remain inactive. The speaker encourages viewers to analyze the charts and make informed decisions, rather than waiting for lower prices out of fear. They emphasize the importance of having a plan and being adaptable, as there is no one-size-fits-all strategy in investing. The speaker concludes by sharing their own perspective on market downturns, stating that they are not deterred by short-term fluctuations and remain focused on long-term goals, advocating for patience and persistence in the pursuit of success.

Keywords

💡Turbulence

In the context of the video, 'turbulence' refers to a period of instability or fluctuation, particularly in financial markets. It is used to describe the unpredictable and often unsettling conditions that investors face, such as market downturns or economic uncertainty. The script mentions 'turbulence' to highlight the challenges investors encounter and how they respond during such times, emphasizing the importance of staying committed to one's investment strategy despite the volatility.

💡Discipline

Discipline is a central theme in the video, defined as the ability to consistently apply oneself to tasks and maintain a course of action despite discomfort or difficulty. The speaker uses 'discipline' to emphasize the necessity of sticking to one's investment strategy and not succumbing to the fear and panic that market turbulence can induce. It is portrayed as a key component of achieving long-term success in investing, as opposed to being swayed by short-term market fluctuations.

💡Desire

Desire in the video is mentioned as the initial motivation or aspiration that drives individuals to pursue a goal, such as financial freedom through investing. It is described as only being about 25% of the battle, suggesting that while desire is important, it is not sufficient on its own to achieve success. The script contrasts desire with discipline, indicating that the latter is the more critical factor for enduring the journey towards one's goals.

💡Success

Success in the video is portrayed as a result of enduring pain and discomfort, achieved through a combination of desire and discipline. It is not just about financial gains but also about personal growth and overcoming challenges. The speaker uses 'success' to illustrate the idea that true achievement often involves stepping out of one's comfort zone and enduring hardships, such as the volatility of the crypto market.

💡Investing

Investing is the primary activity discussed in the video, specifically in the context of the crypto market. It is presented as a means to achieve financial freedom and is associated with the need for discipline and the ability to handle market volatility. The script uses 'investing' to explore the psychological aspects of making financial decisions and the importance of having a long-term perspective.

💡Crypto

Crypto, short for cryptocurrency, is the focus of the investment discussion in the video. It is characterized by high volatility and potential for significant gains, but also substantial risks. The speaker uses 'crypto' to illustrate the principles of investing during times of market uncertainty and to encourage viewers to see dips in the market as opportunities rather than threats.

💡Financial Freedom

Financial freedom is presented as a goal that many investors aspire to achieve through investing in crypto. It is defined as having control over one's financial life, including the ability to make choices without being constrained by financial limitations. The script uses 'financial freedom' as a motivating factor for enduring the challenges of investing in a volatile market.

💡Fear and Greed

Fear and greed are emotional responses to market conditions that can significantly influence investment decisions. In the video, 'fear and greed' are mentioned in the context of a metric that measures market sentiment, with the speaker using it to highlight the importance of not letting emotions dictate one's investment strategy, especially during times of market downturns.

💡Dips

Dips refer to temporary drops in the value of investments, such as cryptocurrencies. The video script encourages viewers to see dips as buying opportunities rather than reasons to panic sell. 'Dips' are used to illustrate the concept of buying low and selling high, a fundamental principle in investing for profit.

💡Market Cap

Market cap, short for market capitalization, is a measure of a company's value and is calculated by multiplying the current stock price by the total number of shares outstanding. In the context of the video, 'market cap' is used to discuss the relative value of different cryptocurrencies, with a focus on those with a market cap below 100 million, indicating that they may be undervalued and represent good investment opportunities.

💡Opportunity

Opportunity in the video is associated with recognizing and taking advantage of market conditions, such as buying during a dip. It is presented as a mindset where investors see downturns not as threats but as chances to increase their holdings at a lower cost. The script uses 'opportunity' to emphasize the importance of having a positive outlook and proactive approach to investing.

Highlights

During times of market turbulence, people reveal whether they truly believe in their investments.

Many people fail to follow through on their commitments, whether it's investing or personal goals like fitness.

Desire only accounts for 25% of success; the remaining 75% is discipline.

True success always involves some form of pain or discomfort.

Those born into wealth without learning discipline often develop poor habits.

Motivation is temporary; discipline is essential for long-term success.

Investing during market downturns can differentiate successful investors from unsuccessful ones.

Financial freedom through investing requires enduring market fluctuations and remaining disciplined.

The market's dips are seen as opportunities by disciplined investors.

Success requires making uncomfortable decisions and taking action, even in challenging times.

Many wealthy individuals have poor habits due to a lack of understanding of the effort required to achieve success.

Healthy habits, such as exercising and eating well, contribute to overall success and well-being.

Investing is a marathon, not a sprint; persistence is key.

Current market discounts provide significant opportunities for investors willing to take action.

Fear and greed drive market behaviors, but disciplined actions can lead to success despite market volatility.

Transcripts

if I told you that there's more pain to

come that next month's bad next month's

bad and I created some uncertainty and

where the market is going to go would

you stick

around would you buy the dips or would

you panic or would you sell in hope for

a better entry what would you do how

would you react great question asked

right um I realized during these times

of turbulence which is what this pretty

much is

turbulence the ones who've been saying

words for the past few months we get to

tell if they were telling the truth or

not a lot of people say a lot of things

YouTube is just like social media right

anybody can type a good comment a hate

comment anybody can say they're rich in

the comments anybody could say just do

this just do that I'm here for this I

want

is but it's moments like these moments

like today and maybe tomorrow and like

days like yesterday where you have that

same put up or shut up right are you

actually going to do what you say you're

going to do and the reality of the

situation is the majority of people do

not do what they say they're going to do

and I'm not just talking crypto okay how

many of your friends say hey I'm gonna

go to a gym get in shape this time's

different I'm going to start my diet

tomorrow how many people have you asked

you know hey how's your diet going I got

to get back on get back on get back on

investing the same way right I'll get in

soon you know I'll make better

decisions the truth of the matter is the

majority of people do not do what they

say they're going to do and I said today

on Twitter desire is about 25% of the

battle

25% is that a good test score no it's

freaking failing okay you know I I

wasn't in school you know recent but I

know 25% is pretty bad what's the other

75 % it's discipline there's a saying

where you have to be uncomfortable with

being comfortable to reach real success

and I'll go one step further and say

that true success always carries some

measure or form of pain you got to have

pain to get there in reality the

situation too when you make true lasting

success it's nice talking points to

reflect of where you've been

all the downfalls you had all the

setbacks the feelings of like being poor

or the feelings of being suppressed not

free all of a sudden you turn that into

motivation and then you motivate other

people right I'll tell you this people

that are born rich that are born with

talents or they're just born in a very

uh prestigious environment they're often

the ones who if they don't train they

don't like train to be successful they

become very lazy and that's why we have

so many wealthy people today in the

freaking us alone that are on drugs that

are rich because you have a lot of rich

people with poor habits that don't

understand the work ethic of what it

took to get there and the same can be

said of people who want to make changes

in every aspect of your life right

whether it's Fitness getting a six-pack

a diet getting healthy reducing your

blood pressure your sugar there's a

group of people that where motivation

only goes so far they had initial desire

to do something in this case crypto

investing right I want to be financially

free I'm going to invest they know it's

not just a linear path they know this

going in but they they do it anyway

right and then the minute they see some

turbulence this is where they're tested

and this is where the disparity of who

makes it and who doesn't really is shown

right so in this case you have people

who look at you know today you know days

like today where great discount I'm

happy and if they don't have the money

to invest they're like instead of just

sitting around saying oh poor me no

money they make it happen they work

another job whether it's Uber Eats

waiter waitress Amazon driver they sell

some things they make against meat they

do whatever it takes to to get there

again desire plus discipline discipline

involves doing things out of your

comfort zone something you're not

usually accustomed to doing the other

path is like

okay this is bad I don't feel good about

this situation I don't like being

uncomfortable I don't like the feeling

of uncertainty pain and so they don't

run towards the direction of

changing that feeling or changing that

narrative they run away they want to

feel better okay this is why I always

say like if you want something that

others can't have

easily you can't be feeling good all the

time to do it this is why fast food is

so apparent in the in in the world right

because it tastes good it's easy to make

it's a quick

fix and it's cheap there's no pain

barrier to it what does healthy food

have it's expensive it's time consuming

it doesn't taste as good so people don't

want the tough the tough things you know

what is going to the gym do it takes

time out of your day you know it's it's

actually painful to build your body to

get bigger get stronger and what is the

trul and cardio do gets you out of

breath right what does out of breath do

for most people it causes fear they

don't like being uncomfortable okay I'm

giving you little examples of changes

with different aspects of your life so

now when you bring this back to

crypto I'm literally not just telling

you how I see red I'm telling you how

winners are made in this market they

have a different lens they see things

differently and even if they don't

believe in what they're doing in the

moment they know in their heart it's the

right thing to do to change your life

you know it's like what kind of Life do

you envision yourself to have is it a

life where you're working at 9 toi being

told what to do every day and just

getting by having a ceiling on your

income no Freedom going on vacation

maybe once a year twice a year for a

week you know just seeing your family on

the

holidays you know what is your ideal

life or is it having control of your

life having control of your time your

freedom you know being able to pick up

and move wherever you want because

you're not tied to a location being able

to Be Your Own Boss and I'm not saying

all you guys want to start business

whatever I'm just saying like investing

in crypto a lot of people know that it's

the ticket to freedom we see more

millionaires come out of crypto

investing than any asset class you've

never seen someone get rich up gold real

estate takes a lot of time

which a lot of us don't want to have and

stocks it's just it's an underperformer

compared to crypto okay the S&P 500

gives you maybe a 2X in 10 years we see

that happen every single week in crypto

pretty much

right but my question to you is if you

want to attain what you feel is out of

your grasp why wouldn't you take the the

road of pain today to get there if you

know in the back of your head to get to

that level success you have to endure

pain anyway see this is why you know

people think like this video is just a

motivational video it's really not I'm

telling you the blueprints of what you

have to expect on your journey you can't

just Coast to be becoming a millionaire

you can't just coose to flipping your

Investments making a 10 20 30 50x okay

you see other people they come on they

glow they have egos say I did this I do

this I'm the best whatever okay I always

say words are just their words actions

is what reveals ultimate success so now

in the case of the investor who wants to

Achieve Financial Freedom you need the

discipline which means some days you're

going to wake up you're going to hate

the market like

today again you can reframe this to

enjoy the red and you're still going to

have to act accordingly the ones who

pull back and say I'll just come back

this is too stressful if you ask me you

probably shouldn't be in crypto at all

because those people

they're either going to hang around not

change and realize their exit liquidity

at the end of the cycle or they're going

to eventually have the aha moment and

realize what's not working for them is

going to continue to not work as long as

they let it happen and try to Pivot to

find out what does work okay and I got

asked you know all the time even on X

well John what is the plan I'm like what

do you mean what is the plan the plan is

what you feel is it is going to work for

you there is no one plan fits all no one

size fits all so that's the thing people

are just inherently

lazy very very lazy they hate

change you can't be a lazy investor and

make a lot of money I hate to say it you

can't and I know the majority of people

will watch this and say oh great video

on to the next great video on to the

next I know statistically speaking most

people do not change your habits but

some people will appreciate this video

and understand what I'm saying and be

like you know what he's right I'm going

to change this I'm going to make some

freaking money but the reality situation

is you know this dip these crashes could

last so much longer nobody knows I

honestly do not care if this last the

entire summer I do not care whatsoever I

don't care if it last the rest of the

year okay this is my mentality I'm

patient with success because I know if

this lasts for a while it's a situation

I can't control so I'm not going to

internalize it and make it feel like

it's my own doing it's not all I can do

as an investor as a person is react to

something I can't control make the best

of it and be persistent with discipline

and keep doing what I was doing every

single decision I make I think is this

going to get me closer to my goal or

further back today I went at a gym what

did I do after after the gym I picked up

chipotle very healthy dinner I came back

and I feel great okay I try to keep good

habits in place and do them day in day

out that way it becomes second nature

and this is something you have to just

train yourself to to endure over time

you know this is a marathon it's not a

Sprint that be saying it time and time

again investing is a marathon do

sometimes the gains come in very quick

yeah we see many of our players do that

but the reality is this takes time and

when you see downturns you have to see

the opportunity even if you don't

believe in it in that moment just know

in previous Cycles red means opportunity

has not changed I don't care who you're

watching I don't care who you're who

you're seeing that's saying different

things okay I know I will not be

changing 95% of people's minds who are

watching this but I know some will take

this and they'll be

like I understand what he's saying I

understand what I'm doing is probably

not working I'm gonna go change what I'm

doing and that's the whole point of this

video let's pull up some discounts let's

see what's going on on clim rocket

so fear and greed is 55 it's still

neutral Bitcoin has just been you know

hovering around this 65 68 64k range but

man we got some good discounts I see

Florida went down to our buying price

again that's awesome we got a

GFI which is cheap these are all 100

below 100 million market caps right now

except uh turbo also on a discount

this is awesome we got art block also on

a big discount these are literally like

you're walking to a mall and you're just

seeing Flash Deals look at all these

deals C the charts for yourself you can

see on these charts okay a lot of you

guys you're like oh I've been waiting

for the dip for whatever crypto I mean

these are freaking discounts guys I mean

I don't know what's not a discount if

this ain't a discount I don't know what

it is but people always feel like this

is why we have fear and greed oh I'll

just wait till it gets lower okay go

ahead and risk it um L pulled up like so

many cryptos like literally everything

is down including even ethereum salana

you just got to make a freaking move

that's all you have to do okay if you

start making moves during Times Like

These you're doing better than 99% of

people who do not make a move so but

anyways now I want to hear from you are

you buying the red today in crypto and

if so what crypto did you buy drop your

comment down below and let me know if

you enjoy this video please give a like

really helps so much that being said I

hope you have a great day and I'll see

you in the