Refusing to Settle

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It's THAT time of year again guys! This is the Ultimate Guide to Keeping a Journal (Part 04). I want to share with you a system so powerful, it has the potential to change your life forever. It’s that time of year — going to walk you through WHY WHAT HOW of keeping a journal. By the end of this video, you will have the power to coach yourself. Why journal? Over the last 10 years, the self-help industry has grown to over a 10-billion dollar industry. Life coaches and gurus popping up left and right, seminars costing $3,000+ and growth books are great, but they leave you crash and burn type motivation! We can get all amped up (think new years high) but then there's a massive let down when the motivation doesn't last. What if you could maintain that drive and motivation year round? What if you could look back on 2017 and check off every BIG box on your goal list? Make more money? Got in shape? Relationship? Business? Whatever it is, all takes CONSTANT motivation and drive. Keep that momentum. You need to coach yourself. The best part is that it doesn’t cost anything more than the cost of a pen and about ten bucks. Could be the very key, the missing link between knowing and doing! Master Journaling

http://www.mybestjournal.com

stop settling start living

Clark

Direct download: The_Ultimate_Guide_To_Keeping_A_Journal_PART_04.mp3
Category:general -- posted at: 12:00pm PDT

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You are the average of the top five people you hang around most Birds of feather flock together! Be sure you surround yourself with those who average you up, not pull you down.

stop settling start living

Clark


Hey Refusers! Today I got an EPIC 2018 goal setting workshop for you. Here is how to set goals and actually achieve them.

▸ Free 11 Questions to Change Your Life http://refusingtosettle.com ▸ Get 30-Day Coaching Here: https://mybestjournal.com

This workshop was how I was able to achieve my dream lifestyle and goal of traveling and doing what I love playing music. Wrote that in my 2015 journal. Two years later on stage playing a festival to 6k people after coming off a trip around the world 9 countries, pyramids, scuba diving in Bali, Tomorrowland Festival, Making six figures. ALL of these came from one thing: GOAL setting. “GROW or DIE - when you’re green you’re growing when you’re ripe you start to rot.”

WHY DO THIS?: Would you go on road trip w/o GPS? Would you start business w/o business plan? Would you be a coach w/o playbook for the team to run? write goals in back of journal somewhere you can see them daily somewhere you can update give blank spots!

HOW TO SET GOALS triangle: Needs to be in balance. Life is in the middle

WORK : CONTRIBUTION what do you want to contribute? what analytical numbers do you want? what time frame will you achieve these by? what are your quarterly, annual, and monthly benchmarks?

REST : PERSONAL what are your health goals? what habits do you want to incorporate? what new skills do you want to develop?

PLAY : adventure what FUN do you want to have? what materialistic things do you want? Best times in life are when you’re working towards things. Happiness comes from the process. (River rafting trip)

stop settling start living

Clark

Direct download: Ultimate_2018_Goal_Setting_Workshop_-_How_to_Set_Goals.mp3
Category:general -- posted at: 12:00pm PDT

Daily Videos for 50 Days - What I learned doing a video everyday for 50 days. Here ar my real on screen results plus best lessons learned. Enjoy!

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Results from 50/50: Tangible: Stuff I can prove w/ numbers Intangible: Stuff I can’t prove w/ numbers Why did I do 50/50? Shoutout to Aaron Doughty: channeled me for two reasons: A) The ONE Thing in your business B) People come to you for your energy, not your content

TANGIBLE:

Facebook Group joins - threw the roof. Went from 1k to over 3k!! growing at 50-100/day. Clickbank sales - constant throughout. subscribers Feedback from friends: see my videos on homepage more New algorithm changes — frequency over subscriber total # dial in systems BULK = #1 key to success Outline = BULK Film = BULK Post = BULK Thumb = BULK new skill photoshop and thumbnails dove in and learned it Able to create, film, edit, launch new course start to finish was able to put out new course! Crazy - in just 50-days WHILE doing challenge… Normally take 3-months doing course and ONLY a course.

inTANGIBLE:

More chances to win 1 per week = 52 chances 2 per week = 104 chances 7 per week = 365 chances Law of averages - more NOs = more YES’s

stop settling start living

Clark

Direct download: Daily_Videos_for_50_Days_REAL_On_Screen_Results__BEST_Lessons.mp3
Category:general -- posted at: 12:00pm PDT

Saturday Strategy: “A Dying Person’s Guide on Living — The Top 5 Regrets of the Dying”

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Hey Refusers, here are the top 5 regrets of the dying. All credit goes to Bonnie Ware -- an Austrailian nurse who worked with terminally ill patients. She asked hundreds of patients “what do they regret most?” Then, she distilled themes and found these were the TOP FIVE things. Here they are:

1. “I wish I’d had the courage to live a life true to myself, not the life others expected of me” “This was the most common regret of all. When people realize that their life is almost over and look back clearly on it, it is easy to see how many dreams have gone unfulfilled. Most people had not honored even a half of their dreams and had to die knowing that it was due to choices they had made, or not made. Health brings a freedom very few realize until they no longer have it.”

2. I wish I hadn’t worked so hard LOTS of male patients said this as top one.Are we here to do as much as we can? Are we here to BE as much as we can?

3. “I wish I’d had the courage to express my feelings” Don’t hold it in. Again more common with men she worked with.

4. “I wish I had stayed in touch with my friends” Don’t need 50k friends! Why are we so “connected” but disconnected on social media. Need quality over quantity. Get more from 3-4 close friends than 30+ friends. Okay to simplify here.

5. “I wish I had let myself be happier Is happiness is a choice? If I have ______ then I can feel ______ = A MINDSET!We want things so we can have feelings. Give yourself those feelings, allow yourself to FEEL the win. Personal story: Remember when I made $12,00 in a single week, VBA course. I worked my ASS off for that - soon as I got the check and it was in my bank…. nothing. No feeling at all. Felt exact SAME! Realized that it was a choice.

► Join the 30-Day Coaching Program: http://mybestjournal.com

stop settling start living

Clark


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The top 5 Money Management Apps Today we’re merging technology with finance. SMART displays on the money. Money doesn’t care about our feelings. It’s binary. Ignorance is NOT bliss when it comes to what’s happening in our bank accounts.

Note: ALL of the apps I’m showing you ARE FREE! Score! Note: Some links are affiliate links - I will receive a (small) commission if you choose to use it. This is at no additional cost to you. Note: I am not a financial professional and no professional investment advice is being given in this video.

1. Qapital My number one favorite app Automate all savings ►https://goo.gl/FRuXC4 (FREE five bucks when you download/use that link)

2. Truebill ► https://truebill.com

3. Mint ► https://mint.com

4. Coinbase How to invest in alt currencies and bitcoin Very user-friendly and simple ► Get $10 FREE Bitcoin when you invest $100 with Coinbase: https://tinyurl.com/yamnwzcz (affiliate)

5. Apple Stocks N/A stop

settling start living

Clark

Direct download: Top_5_Money_Management_Apps_How_to_Save_Money.mp3
Category:general -- posted at: 12:00pm PDT

What are the FIVE books every guy needs to read? I’ll give you my top 5 in this video.

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5 Books Every man needs to read

hey refusers, Clark from refusing to settle dot com. before we get into it: NO, these recommendations are not gospel, I’m giving them to you because these are the best 5-books I’ve read about manhood. I put myself in the role as your older brother or close friend. Ladies, this one is for the guys! 80% of the channel (demographics tells me) - so women, feel free to sit this one out or watch, up to you.

1. The Way of the superior man My #1 recommendation All about polarity - dance between men and women why women challenge men why women say one thing but mean another why women seem like communicating with a different species altogether.

2. the 5 love languages Awesome for understanding communication

3. She comes first one of the best books you can read for your partner most guys think their PROS in the bedroom we have lots to learn DOENS’T come naturally! You need to educate yourself on it. Humble yourself and learn - best gift you can give

4. the truth Neil Strauss kind of forgotten book - overshadowed people don’t talk about lots fantastic book about relationships, upbringing, alternative lifestyles, and the journey to find what works for you. this book will challenge you and your views on relationships. Neil is a very talented writer and this book is addicting.

5. engineering the alpha or some sort of fitness/health book read about hormone optimization read about working out get healthy - physical health will carry overconfidence into so many other areas self-improvement starts usually with health/body (did for me)

► Get A FREE Audiobook with Audible: http://www.audibletrial.com/Refusingt...

stop settling start living

Clark

Direct download: The_5_Books_Every_Man_NEEDS_to_Read.mp3
Category:general -- posted at: 12:00pm PDT

How to Read MORE books without reading. Here are 4 awesome ways to read 2-3 books PER week.

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Get this: The average CEO reads around 60 Books PER YEAR. The average American reads less than ONE book per year. It’s been said that READERS are LEADERS, but what do you do if you…. hate sitting down to read or just don’t have the time? Going to show you in this video.

STORY: I told you avg CEO reads 60 vs. 1 book. I knew this but was struggling to find time to sit and read. Too busy or didn’t want to slow down. ALSO — when I would read I thought I had to read every word otherwise didn’t count. Thought I was a bad reader. Dyslexia. Wrote off reading completely. Then it hit me in late college — books are BEST of that author. They pour HORUS and YEARS of life to deliver these thoughts to you in form of a book — NEED to tap into that for awesome results.

TIME ARBITRAGE Look at life and realize we have SO much time, just not in one large lump sum. It adds up over week! LOVE to multitask can’t sit still and would feel bad. DITCH Reading — switch to audio. Cooking breakfast, drive in car, walking to coffee shop work.

DON’T DO: Speed reading. You’ll hear advice one YT saying SKIM the book or READ faster or READ Table of contents, then first paragraph of chapter and last. — Never resonated with me even though I researched it. Felt like treadmill and setting pace. Sucked. Vs. not thinking when running in nature. felt rushed and stressed from speed reading. Couldn’t retain anything because of that stress. Felt like memorizing for a test in class. Short term memory. STORIES how info gets into LONG TERM.

MEMORY: Learn MORE from an audiobook especially if traveling, doing something. Heard study in a class students retained MORE when they doodled and listened than just listen. Same with Audiobooks. I remember I did a puzzle and listened to QUIET — remember so much of it. Same with Joe Rogan podcast in Laos riding motorbike Ian Edwards podcast. Can almost get a photographic memory

1. FREE: Youtube Book summaries on YouTube TIP: Create a “to read” list on your phone with recommendations

2. FREE: PODCASTS Get the actor on a radio show Usually sums up the big thesis of the book in around 1-2 hours.

3. Audible Realize by buying audiobooks you’re BUYING your time back! ► Get A FREE Audiobook with Audible: http://www.audibletrial.com/Refusingt... speed or 2x speed (can even do this on YouTube videos) i.e. I read “Secrets of Millionaire Mind” and it was great.

4. Blinkist App that summarizes thousands of books. Fantastic — spark notes but in a way that will stick with you. Also have audio person reading them too you. Only con: Stories and delivery is HOW info sticks with you and resonates. This works great for RECAPS and BIG overviews. Inspiration for new ideas help connect the dots. I recommend BOTH audible and this.

► Check out Blinkist for FREE here: http://jump.blinkist.com/SHf5

stop settling start living

Clark

Direct download: How_to_Read_2-3_Books_EVERY_Week_Without_Reading.mp3
Category:general -- posted at: 12:00pm PDT

► Free YouTube Passive Income Course: https://tinyurl.com/ya3oo56b

How Long does it REALLY take to make passive income? How long does it take? Could literally make it tomorrow. Could take you the slow way (like me) researching and learning for 5-years. Think about Chinese bamboo tree - grow 60ft in 2 weeks or 60ft in 5-years — all depends. So let’s talk about HOW to speed it up Look, the answer is NO ONE can answer that. How long did it take me? Started making income day one, but it wasn’t a lot. Couple hundred bucks here and there. It REALLY exploded exponentially once I learned marketing, sales, and systems. Some other tips for you and thoughts: what is the fertilizer metaphorically:

1. learn from models “mentors” - DON’T ask. Just decide. “coaches” - everyone has a coach

2. Switch places exercise Who would you want to switch places with? Now, deconstruct everything they do. Become almost stalker obsessed. Buy EVERY product they have. Listen to EVERY interview they’ve done. Know ALL their speaking points/bits. (i.e: I did with Tony Robbins, early Tim Ferriss, Joe Rogen, Russell Brunson, etc)

3. start trying today NEED to get started TODAY. i.e. VBA course: Student who was going through it all before filming a video commented on it. I forbid him from continuing because he needed to FILM his first video first. That way, everything will matter more and be more relatable. i.e. College: Students who had work exp. were always better motivated than us who came from high school. They applied things already and knew what to look for. YOU CAN’T LEARN TO SURF FROM A TEXTBOOK

stop settling start living

Clark

Direct download: How_Long_Will_It_Take_You_To_Make_Passive_Income_Online.mp3
Category:general -- posted at: 12:00pm PDT

5 signs you will become rich one day

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I know you. You see someone who has money. You picture yourself there one day. It’s so real you can practically feel it. But how do you know it will happen one day? In this video, we’re going over 5 signs you will become rich one day.

1. entrepreneur mindset A) people pay me for my value, not my time

2. entrepreneur mindset STORY: Bill Gates — cubical for 10 years. Crazy madman. Computers? Come on. B) be willing to work for NOTHING humility — “i’ve never worked a job I was too good for” Ashton Kutcher. ME: Scrubbing toilets in college — embarrassing. Listened to Podcasts/Audiobooks.

3. investor mindset STORY: Shark Tank: look for one thing — investment opportunity (EVEN If company is on paper profitable. They say “you’re a product, not a business”) Be able to use PAST to see trajectory in FUTURE (experience) value investing (Warren Buffett term $80B)

4. use hardship to drive you, not discourage you STORY: Remember drumming. First motivation was to impress girl in middle school -- tap into your pain feel that pain of rejection feel that pain of “prove them wrong” — harness it to fuel success EX: Mark Zuckerberg in social network - rejection from girlfriend fuels “hot or not”

5. spend money where it counts STUDY: Millionaire Next door Survey: 1,000 millionaires over half never brought suit above $400 or watch above $235) — even when you DO get the money, don’t have to keep up with lifestyle grow your income, not your lifestyle GETTING rich and STAYING rich are two different things. willing to invest in YOURSELF willing to invest in YOUR BUSINESS

►The App I used to save $11,000 in 6 Months without noticing https://goo.gl/FRuXC4 (FREE five bucks when you download/use that link)

► Get $10 FREE Bitcoin when you invest $100 with Coinbase: https://tinyurl.com/yamnwzcz (affiliate)

stop settling start living

Clark 

Direct download: 5_Signs_Youre_Destined_to_Become_a_Millionaire.mp3
Category:general -- posted at: 12:00pm PDT

Journaling — This ain’t your sister’s diary. Here is how my journal makes me over $8,333 per month. This is how to use a journal for entrepreneurs or your business to make passive income. Enjoy! ► Watch the full journaling series here https://goo.gl/e6j6H6 Get the NEW MyBestJournal2.0 Program Here ► http://www.mybestjournal.com

Hey Refuers! Clark with another DAILY upload. Woo-hoo - we're flying by.

The goal of these videos is to serve you and inspire you to take on this method of success journal — photos from all around the world. All ages. All incomes. All goals. All journal! Over 550,000 people have SEEN journaling series videos. Emails and photos flooding inbox. Community online of Journal Nerds— walk through five great tips for you in this video on how to keep a journal.

Get the NEW MyBestJournal2.0 Program Here ► http://www.mybestjournal.com

stop settling start living

Clark

Direct download: How_My_Journal_Makes_Me_Over_8333_PER_MONTH.mp3
Category:general -- posted at: 12:00pm PDT

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settling start living

Clark

Direct download: The_Chinese_Bamboo_Tree_RTS_Saturday_Strategy.mp3
Category:general -- posted at: 12:00pm PDT

What books will make you a better entrepreneur? We’re going over the 5 MUST READS in this video.

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Hey Refusers,Clark from refusingtosettle.com

1. To sell is human GET OVER YOUR FEAR OF SALES. NOW You will NEVER be successful if you can’t sell Best way to get over it? Change your mindset This book does that The more you EARN, the MORE you can SERVE Moral obligation to sell if your product can help others

2. dot com secrets Russell Brunson - my mentor for funnels I’m such a geek with his stuff DotCom Secrets: McDonald's makes all their money on fries/drinks - not the burgers. Maximize profit and minimize customer acquisition cost. Tactics to do so in this book. If you do ANYTHING online - this is a MUST read. You can get DotCom secrets for FREE through this link: ► https://tinyurl.com/ydegwf94 Affiliate link to 14-day free trial here: https://tinyurl.com/yb5gv7yw

3. The millionaire Fastlane Get rich quick DOES exist Get rich EASY does NOT exist Raw and to the point books - tells you how it is. OR

3. The four-hour work week Classic with lifestyle design (you’ve probably read it by now) Inspired so many business with this.

4. The one thing Why am I doing 50/50 challenge? It’s my ONE thing The BIG first domino - knocks all the others over i.e. health: ONE thing is getting to the gym i.e. relationships: ONE thing is approaching and starting the conversation i.e. business: ONE thing is sales. EVERYDAY. The heartbeat of business. HINT: The thing you’re probably avoiding :)

5. The war of art FEAR of creating is really FEAR of rejection Deep rooted Resistance is the enemy - not that you’re a “procrastinator” Turn pro: Show up no matter what Suck it up - if you want to write, get over it if you want to be a youtuber, get over it! if you want to approach women, get over it! Only other option: fail and be stuck forever.

stop settling start living

Clark

Direct download: Top_5_Books_Every_Entrepreneur_Must_Read.mp3
Category:general -- posted at: 12:00pm PDT

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► Get $10 FREE Bitcoin when you invest $100 with Coinbase: https://tinyurl.com/yamnwzcz (affiliate)

Get this: If you put $100 into bitcoin back in 2010 it would be worth over $100 MILLION today.

DISCLAIMER: I AM NOT A FINANCIAL EXPERT - ALWAYS CHECK WITH ONE BEFORE INVESTING. PLEASE DO YOUR OWN RESEARCH. NO FINICAL ADVICE IS BEING GIVEN HERE.

I have 2 goals for this video:

1. Simplify cryptocurrency for beginners — SO many people in comments are confused. This is NOT a comprehensive guide or where I try to impress you by knowing everything. This is for beginners and people who are interested. Doesn’t have to be complicated just like you can flip on a light switch without knowing ACDC currents work.

2. Encourage you to open the door to researching/investing. Don’t be too scared of the unknown. You WILL miss this opportunity since it’s so time sensitive.

1. Buy an hold my strategy (hedge against inflation)(Warren Buffet made his fortune buying and HOLDING not buying and day trading like crazy)

2. Initial Coin offerings How to get risky with it Potential upside is MASSIVE

3. Trade actively Mostly ALT coins to make money Hard to do with big coins

4. Bitcoin Lending I won’t go into this — it looks like a scam they claim 1% interest per day. just seems sketchy, but people ARE making money this way Again, I wouldn’t do this but I put it here in case you want to do your own research

5. Talk about bitcoin Half joking…. but sign up with my affiliate link :) Seriously, there is so much miss information out there EASY for you to immerse yourself into this and become an authority I’m NOT trying to be the bitcoin dude. Just love this stuff.

stop settling start living

Clark


► Free YouTube Passive Income Course: https://tinyurl.com/ya3oo56b

► Free Money Monday Cheat Sheet: https://goo.gl/NkSiZQ

► Get $10 FREE Bitcoin when you invest $100 with Coinbase: https://tinyurl.com/yamnwzcz (affiliate)

Litecoin vs. Bitcoin | Litecoin Simply Expliained Everone’s talking about BITCOIN — it grew 2200% at the time of this video in a year. But not a lot are talking about LITECOIN - grown 8800% this year. Nearly FOUR times what bitcoin did.

AT THE END OF THIS VIDEO IM GOING TO SHOW YOU LIVE - ME INVESTING $500 INTO Litecoin. PUT MONEY WHERE MOUTH IS.

DISCLAIMER: I AM NOT A FINANCIAL EXPERT - ALWAYS CHECK WITH ONE BEFORE INVESTING. PLEASE DO YOUR OWN RESEARCH. NO FINICAL ADVICE IS BEING GIVEN HERE.

Q: what is Litecoin? Decentralized online currency pretty much a clone of bitcoin One of the MOST popular cryptocurrency — created in 2011 BIT: Gold 2.0` LIT: Silver 2.0 TWO Main differences: Speed — mining is around 4x faster — transactions much faster Number of coins BIT: 21Million available — 84 MILLION Litecoins

Q: why is Litecoin good? Bank fees gone Decentralized GOOD FOR EVERYONE: Developing world Western Union SO expensive for fees since currency changes price rapidly and has risk - bitcoin and litecoin don’t pose this same (once they stop being crazy volatile) 3 BILL don’t have access to financial platforms like banks/ATMs/etc. GOOD FOR YOU: bitcoin might have hit cap. Litecoin has better opportunity to double the money.

Q: how to invest in litecoin? coinbase — get $10 FREE off $100 investment watch me do it live with $500 do as i say, not as i do - PLEASE, DOLLER COST AVERAGE! Don’t be bonehead bullish like your best friend Clark

stop settling start living

Clark

Direct download: Litecoin_vs._Bitcoin_Litecoin_Simply_Explained.mp3
Category:general -- posted at: 12:00pm PDT

► Free YouTube Passive Income Course: https://tinyurl.com/ya3oo56b

► Free Money Monday Cheat Sheet: https://goo.gl/NkSiZQ

► Get $10 FREE Bitcoin when you invest $100 with Coinbase: https://tinyurl.com/yamnwzcz (affiliate)

What is Ethereum? Smart Contracts and Ethereum Explained

AT THE END OF THIS VIDEO IM GOING TO SHOW YOU LIVE - ME INVESTING $500 INTO ETHEREUM. PUT MONEY WHERE MOUTH IS.

DISCLAIMER: I AM NOT A FINANCIAL EXPERT - ALWAYS CHECK WITH ONE BEFORE INVESTING. PLEASE DO YOUR OWN RESEARCH. NO FINICAL ADVICE IS BEING GIVEN HERE.

Q: what is ethereum? Blockchain is just a technology - not an actual currency (I thought early on. Roommate made fun of me) ETH - one of those things that the more you read the less you know. Try my best to simplify it down - even I still am not 100% sure and most experts aren’t. Ethereum is an open sourced software platform (based on blockchain tech) that allows developers to build and distribute apps (decentralized) MASSIVE difference: ETH goal is NOT to be a currency. It is to operate “smart contracts” Ethereum is a protocol - totally different than a currency Big geeks are gonna hate me for simplifying it like this: but think of bitcoin as furniture or things you buy, ETH as the house Bitcoin has been called gold 2.0 — litecoin has been called silver 2.0 — ETH is completely different, yet you can still invest in the tech. Ethereum uses something called "SMART CONTRACTS” - very new technology, but could be used and disrupt massive areas with corruption: voting, medical records, financial system, others.

Q: who made ethereum? Vitalik Buterin, inventor of Ethereum (Toronto) in 2013 (currently a 23 year-old badass) What’s unique and cool about Ethereum is that there are REAL figureheads that are running it. Unlike Bitcoin who has headless figures and isn’t really run by people. i.e. They have a plan: The 4 Planned Growth Phases: Frontier, Homestead (currently in), Metropolis, and Serenity.

Q: why is ethereum good? I LOVE IT — if you don’t see the potential here, woah. Extremely undervalued based on my research and listing to experts. It’s where I’ll invest a majority of my money. It could be the future. Think of bitcoin as 1.0 ETH is 2.0 — google wasn’t the first search engine, but it’s now the biggest. It built on mistakes before it. Same with facebook to myspace. Decentralized data storage — i.e. if you use facebook you have to give them all your info, if you use amazon you trust them with credit cards, they store it. ETH would do this in a safer way an lead to less corruption, theft, and confusion. Linux or Microsoft - decentralized app space. People can BUILD on top of ethererum. More flexible and developer friendly. Good for a software company so other developers to build on top of. SMART contracts - digital code - triggers - you can implement online to do tasks you need. kind of like a digital vending machine (Ameer Rosic). Put in dollar, punch in code, automation

Q: how to invest in ethereum? coinbase watch me do it live with $500 do as i say, not as i do - PLEASE, DOLLER COST AVERAGE! Don’t be bonehead bullish like your best friend Clark

Sources:

1. https://blockgeeks.com/guides/ethereum/

2. https://www.forbes.com/sites/quora/20...

3. Great video by Ameer Rosic: What is Ethereum: https://www.youtube.com/watch?v=ptLfw...

stop settling start living

Clark

Direct download: What_is_Ethereum_Smart_Contracts_and_Ethereum_Explained.mp3
Category:general -- posted at: 12:00pm PDT

► Free Money Monday Cheat Sheet: https://goo.gl/NkSiZQ

► Get $10 FREE Bitcoin when you invest $100 with Coinbase: https://tinyurl.com/yamnwzcz (affiliate)

Clark from RTS - Money Monday where we talk about how to break spending habits of the past, make more money in the present so you have freedom in your future. THIS WEEK - CLEAR YOUR SCHEDULE - GRAB YOUR POPCORN OR BEER - We are going geeky with crypto. FIVE videos on cryptocurrency I Don’t want to be the “Bitcoin guy” - there are lots of smarter people out there than me about it. BUT like you, I had lots of questions. I researched them and the answers led me to not only understand cryptocurrencies, but invest into three of them. I don’t have life savings in there, I think I have around $5k at time of this video - but here are the simple facts about bitcoin. Your top ten question about blockchain answered. Use these next time you’re at the holiday party and want to sound smart in the crypto discussion. DISCLAIMER: I AM NOT A FINANCIAL EXPERT - ALWAYS CHECK WITH ONE BEFORE INVESTING. PLEASE DO YOUR OWN RESEARCH. NO FINICAL ADVICE IS BEING GIVEN HERE.

Q: what is bitcoin? Unfair comparison: bitcoin is like stock trading. Stocks you OWN a piece of the company. Bitcoin you own asset (similar to gold) Unfair to say: Bitcoin is a currency - far to volatile and risky to be one. It IS a stored value. Think of it “GOLD 2.0” or “DIGITAL GOLD”

Q: What is blockchain and cryptocurrency? “blockchain” is what cryptocurrency is built on “blockchain” is a technology In general, the technology has these characteristics: Open source Peer to Peer Incorruptible - can’t cheat the system Math-based computer algorithms

Q: why is it worth anything? Bitcoin is REALLY good at storing value. Why is anything worth anything? We’re not on gold standard anymore Credit is just a form of trust - what our entire economy runs on

Q: is it a bubble? why so fast growth? Impossible to time the market (warren buffet) People have been saying that for years about stock market/ real estate in Seattle Maybe an emotional market - why we see it going up like crazy (maybe FOMO) Similar to compare it to internet bubble Some experts say it could be stock market bigger bubble (potentially) Many people are becoming educated about it It’s becoming more mainstream (especially in developing countries - Africa)

Q: why is it safe if its digital? EVERY currency can crash (Euro could crash, Dollar could crash) BETTER that it’s digital - think gold: people can rob you take it off you Don’t have ALL cash in banks - 10% on reserve and can loan the other 90% out.

Q: who made bitcoin? Satoshi Nakamoto (although not confirmed) Founded in 2009 Good documentary: Banking on Bitcoin

Q: what is mining? How bitcoins are created Uses a shit ton of electricity - GIANT server farms] Computers running solve complex math puzzles and equations Can ONLY be 21 Million Each can be split up to 8 decimal places

Q: Is it too late? Never too late - is getting harder to make money Early adopters are the winners I remember seeing it at 8k and was about to buy - didn’t know enough at the time Now, almost breaking $20k Some speculate it could go to zero (although usually mainstream who have interest in keep traditional system) Some speculate it could go all the way to 1M for a single bitcoin.

Q: How much should I invest? &

Q: How do I Invest? ON SCREEN Coinbase - invest starting with $100 get free $10 LOWER FEES if you buy w/ coin base and a bank account. Higher (and less at a time) if you use a credit card. Watch the market for a week Download app, put $100 into one of three. then watch I buy an hold

stop settling start living

Clark

Direct download: Bitcoin_Explained_10_Big_Questions_ANSWERED_What_Is_Bitcoin.mp3
Category:general -- posted at: 11:00pm PDT