Thread
Web3 & crypto CAN make you wealthy.
But NOT by investing your funds.
Here's what everyone needs to know:
But NOT by investing your funds.
Here's what everyone needs to know:
Crypto and web3 are highly volatile markets.
And they will continue to be for the foreseeable future.
Compare BTC and ETH with the S&P and Nasdaq over the last 5 years:
And they will continue to be for the foreseeable future.
Compare BTC and ETH with the S&P and Nasdaq over the last 5 years:
Bitcoin volatility 
Ethereum volatility 
S&P 500 volatility 
Nazdaq volatility 
Now look at volatility of the NFT market: 
And, as an example, the fluctuations of Bored Ape prices: 
For the everyday person:
Crypto & web3 are clearly NOT the place to invest funds that you cannot afford to lose.
Instead, to build wealth, you should invest your time, talent, and energy.
Crypto & web3 are clearly NOT the place to invest funds that you cannot afford to lose.
Instead, to build wealth, you should invest your time, talent, and energy.
The big win here is not in quick returns.
It's the opportunity to get in on the ground floor of the new internet.
And to master the technology and tools that will radically alter the future.
It's the opportunity to get in on the ground floor of the new internet.
And to master the technology and tools that will radically alter the future.
Over the next few years, web3 and crypto will disrupt every major industry:
Art, music, media & entertainment, creator economy, sports, events, real estate, business, banking & finance, societal structures, government, and more.
Art, music, media & entertainment, creator economy, sports, events, real estate, business, banking & finance, societal structures, government, and more.
In 2023, Amazon will be the latest major corporation to join web3.
blockworks.co/news/amazon-nft-marketplace-web3
blockworks.co/news/amazon-nft-marketplace-web3
Web3 is quietly reconfiguring the world:
• Trustless and permissionless protocols
• Smart contracts and tokens
• Zero knowledge technology
And other web3 and crypto tools are emerging.
These new tools will usher in a whole new era of ownership and wealth.
• Trustless and permissionless protocols
• Smart contracts and tokens
• Zero knowledge technology
And other web3 and crypto tools are emerging.
These new tools will usher in a whole new era of ownership and wealth.
Whether you are a content creator, artist, musician, community builder, business executive or founder
With the appropriate knowledge and skills, you can be at the forefront of an explosion of economic opportunity.
With the appropriate knowledge and skills, you can be at the forefront of an explosion of economic opportunity.
If you DO buy crypto, tokens or NFTs do it for the right reasons:
• To help build a protocol
• Participate in a community
• Or support an artist or creator.
And NEVER invest funds you cannot afford to lose.
• To help build a protocol
• Participate in a community
• Or support an artist or creator.
And NEVER invest funds you cannot afford to lose.
It's more important to invest your time, talent, and energy in LEARNING to use the new tech and tools.
Study the top web3 thinkers.
Here's a thread with a reading list that spans the beginnings of crypto in 2008 to today:
Here's a thread with a reading list that spans the beginnings of crypto in 2008 to today:
Subscribe to the best newsletters.
Here are a few:
@DefiantNews
@MessariCrypto
@a16zcrypto
a16zcrypto.substack.com/p/big-themes-big-ideas-big-journeys
Here are a few:
@DefiantNews
@MessariCrypto
@a16zcrypto
a16zcrypto.substack.com/p/big-themes-big-ideas-big-journeys
Keep up with the top podcasts.
Here are a few:
@BanklessHQ
@zeroknowledgefm
@chaserchapman
web3witha16zcrypto
podcasts.apple.com/us/podcast/web3-with-a16z-crypto/id1622312549
Here are a few:
@BanklessHQ
@zeroknowledgefm
@chaserchapman
web3witha16zcrypto
podcasts.apple.com/us/podcast/web3-with-a16z-crypto/id1622312549
On Tuesday, I am hosting a Twitter Spaces with some of the top founders in web3.
Join us and keep up with the latest advancements and learn what to expect in 2023.
Set your reminder here:
twitter.com/i/spaces/1dRJZMRBrMQGB
Join us and keep up with the latest advancements and learn what to expect in 2023.
Set your reminder here:
twitter.com/i/spaces/1dRJZMRBrMQGB
That's it, folks. I hope this was useful.
If you enjoyed it, please share by retweeting the first tweet.
I write about the ideas, trends and people shaping web3 and the future.
You can follow me @mishadavinci for more.
If you enjoyed it, please share by retweeting the first tweet.
I write about the ideas, trends and people shaping web3 and the future.
You can follow me @mishadavinci for more.
My weekly newsletter keeps you up with the ideas, tech, and people shaping web3 and the future.
Check out the latest post and subscribe for free here:
mishadavinci.substack.com/p/10-equations-rule-the-world-web3
Check out the latest post and subscribe for free here:
mishadavinci.substack.com/p/10-equations-rule-the-world-web3
