Why Is The Market Crashing?

If you have been following Bitcoin or Ethereum on their meteoric rise to the op of the crypto charts then you know that today has been a MAJOR disappointment for many crypto holders. The major reason for this sudden correction is China ban on all crypto and it follows the recent sale of TESLA's 1/10th of their Bitcoin holdings and the removal of the feature to buy a TESLA with Bitcoin.

Disclosures

For full disclosure Mitch, Mike and Myself are all holding a good amount of Crypto even though we are primarily Real Estate investors with businesses that throw off good cashflow.

Liability Disclosure: This is NOT Financial Advice and you should make your own decisions based on your own research.

Now that I've got the disclosures out of the way. Here are the major talking points of this call.

Here Are The Major Lessons

1. The best investments are always in yourself. Once you have learned how to increase income, then you can focus on growing your income. Once you have surplus cash you can save and learn how to invest. Only once you have that down you can make investments in the assets you know, like, trust and understand. FOMO is the biggest drainer of wealth on the planet.

2. CUBDefi is where we are holding the majority of tokens and we strongly believe in the CubFinance team to keep improving the platform and providing more use value for the token through the Kingdoms project and adding more CUB pools.

3. Getting accurate assessments of the trending charts from someone who knows how to read the charts is going to help you learn yourself. It will also take a lot of the guess work out of investing. You can follow Mitch Jaworski and his evaluations at www.leofinance.io/@scaredycatguide to see what the charts are saying.

4. If you haven't already gotten on the Defi movement then www.CubDefi.io is a great place to get started now that the LEOBRIDGE is in place. We are currently earning upwards of 100% APR on these pools and farms which is why we don't sweat the dips the market is taking.

5. This might be the most important of the bunch. Do NOT sell when the market is down! Buy the dip and hold through the rise and fall of the market. It's much easier to hold on when your investments are paying you annual, quarterly, monthly, weekly, and daily returns!

Watch The Full Episode For More Tips

This was such a fun episode of the 100 millionaires podcast, and it came at the perfect time because we have been getting so many questions from our real estate community about how to invest in crypto and where the market is going.

I still hold 98% of my wealth in Real Estate and on days like today, it is a great feeling, knowing that my rents are coming in regardless of what the markets are doing.

You can learn more about my mission to build 100 millionaires and follow our journey as I teach the 52 Millionaire Wealth Principles each Saturday at 10am EST by registering for free at: www.iBuildMillionaires.com