Friday, May 24, 2019

[Daily Discussion] Saturday, May 25, 2019

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


[Daily Discussion] Saturday, May 25, 2019

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


Infographic: An Overview of Compromised Bitcoin Exchange Events

https://www.altcoinss.com/news/news-infographic-an-overview-of-compromised-bitcoin-exchange-events?uid=28723

[Daily Discussion] Saturday, May 25, 2019

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


[Daily Discussion] Saturday, May 25, 2019

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


[Daily Discussion] Saturday, May 25, 2019

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


[Daily Discussion] Saturday, May 25, 2019

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


[Daily Discussion] Saturday, May 25, 2019

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


[Altcoin Discussion] Saturday, May 25, 2019

Thread topics include, but are not limited to:

  • Discussion related to recent events
  • Technical analysis, trading ideas & strategies
  • General questions about altcoins

Thread guidelines:

  • Be excellent to each other.
  • All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
  • This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
  • No discussion about specific ICOs. Established coins only.

If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too.

Other ways to interact:


[Daily Discussion] Saturday, May 25, 2019

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


Empire Market Mirrors - Links That Always Work!

Remember to Upvote Please

Empire Market Registration:

empiremktxgjovhm.onion/ref/570470

Login for Existing Members

empiremktxgjovhm.onion

Working Mirrors Can be Found Here if the Main Link is Down:

https:/ /dark.fail/ (no space)

Invite Code for Registration: 570470

I won't be updating this because dark.fail seem to have working mirrors now and the Dread forum (dreadditevelidot.onion/d/EmpireMarket) will be back up soon. I'll come and update this if links aren't available at dark.fail.

READ THE SECURITY ADVICE BELOW TO MAKE SURE YOU DON'T GET PHISHED

PHISHERS ARE EVERYWHERE, EVEN IN PMs, be VERY careful.

DO NOT DEPOSIT MONEY UNLESS YOU SEE YOUR LOGIN PHRASE ON THE HOMEPAGE. You had the option of making a login phrase when you signed up. If you don't have a login passphrase or you don't recognise it you should create a new account that has one. When you see your own phrase on the homepage it is safe to deposit money into your account. Don't get robbed!!!

Also,

-EMPIRE MARKET TEAM is not on reddit so don't trust anyone by username.

-Empire market never ask you for your PIN & Mnemonic.

-Bitcoin deposit address always starts with 3.

-Look for your login phrase on the homepage to ensure you are not on a phishing site

-PGP verify all mirrors (if you don't know how, go to Youtube and follow the steps in this guide https://www.youtube.com/watch?v=lAblt1Qt_ng)

-Enable 2FA



Dream Market & Wall Street Market Status

Dream Market shut down and will be back in August. Wall Street Market exit scammed.

The next biggest market is Empire Market. The fact they survived the DDoS attacks that took down Dream and they are still around is proof of how stable and reliable they are. They are highly recommended.

You can register with an invite code below

Empire Market Registration:

empiremktxgjovhm.onion/ref/570470

Login for Existing Members

empiremktxgjovhm.onion

Working Mirrors Can be Found Here if the Main Link is Down:

https:/ /dark.fail/ (no space)

Invite Code for Registration: 570470

I won't be updating this because dark.fail seem to have working mirrors now and the Dread forum (dreadditevelidot.onion/d/EmpireMarket) will be back up soon. I'll come and update this if links aren't available at dark.fail.

READ THE SECURITY ADVICE BELOW TO MAKE SURE YOU DON'T GET PHISHED

PHISHERS ARE EVERYWHERE, EVEN IN PMs, be VERY careful.

DO NOT DEPOSIT MONEY UNLESS YOU SEE YOUR LOGIN PHRASE ON THE HOMEPAGE. You had the option of making a login phrase when you signed up. If you don't have a login passphrase or you don't recognise it you should create a new account that has one. When you see your own phrase on the homepage it is safe to deposit money into your account. Don't get robbed!!!

Also,

-EMPIRE MARKET TEAM is not on reddit so don't trust anyone by username.

-Empire market never ask you for your PIN & Mnemonic.

-Bitcoin deposit address always starts with 3.

-Look for your login phrase on the homepage to ensure you are not on a phishing site

-PGP verify all mirrors (if you don't know how, go to Youtube and follow the steps in this guide https://www.youtube.com/watch?v=lAblt1Qt_ng)



[Daily Discussion] Friday, May 24, 2019

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


[Daily Discussion] Friday, May 24, 2019

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


University Students Choose One Dollar Over One Bitcoin

YouTube channel, Capital Creators, performed an experiment offering students the choice of one dollar or one bitcoin. The overwhelming majority chose the dollar.


So this is the part where I mercilessly mock the US education system and berate US students for being so dumb, right? Well actually, no. It would seem far more productive to address why the students valued the dollar more, and help them to make the right choice next time.

Reasons One Might Choose $1 Over 00

Well, actually around $5400 when the video was shot, but you get the idea. Why did the majority of CU Boulder students want a dollar rather than a bitcoin?

One of the most common answers given was that the dollar was there and physical, and the respondent knew the value of it. So did the students think the value of a bitcoin was less than a dollar? Surely the majority must have been aware of bitcoin when it hit $20,000 and mainstream media? Did they really think it had dropped to nothing?

In reality, those asked simply didn’t understand or know enough about Bitcoin to assign it a value. The mainstream media’s generally negative or non-existent coverage meant that Bitcoin just wasn’t on their radar anymore.

Bitcoin Is Risky, But A Dollar Gets Me A Snack

One respondent vaguely knew that bitcoin is password-protected, and forgetting the password would mean losing her bitcoin. However, she reasoned that she wasn’t going to lose a dollar… because of course, nobody’s ever lost a dollar.

Many people reasoned that a dollar could get them immediate gratification in the form of a snack from the vending machine. This point is hard to argue… except of course a bitcoin is worth eight thousand of these dollars!

But aside from this, it does suggest that the micro-payments use-case is an important one when it comes to mainstream adoption. The sooner we can all pay for carbonated sugary beverages and snacks with a user-friendly and stable implementation of Lightning Network payments, the better.

And The Ones Who Chose The Bitcoin

One guy who chose the bitcoin explained that it was because he “followed bitcoin.” However, he had no way of receiving it because “he’d have to set up the app,” and was of the belief that “no-one ever trades it.” So even someone who ‘follows’ bitcoin, one would imagine through specialist media like Bitcoinist, didn’t have a wallet on his phone.

Another guy was aware that the price was going back up, and chose the Bitcoin. He had previously invested when BTC was going up, made $1,000 in a week and then lost it all. But he also had no way to accept bitcoin.

Of course, there may have been others who were more clued up but didn’t make the final edit of the video.

A Different Kind Of Bitcoin Bubble

As Bitcoiners, it’s sometimes easy to forget that outside of our little crypto-bubble is a whole world of no-coiners. If we want Bitcoin to reach mass adoption then we should consider it our duty to spread the word.

Whilst none of the participants in this experiment were ever actually going to get a bitcoin, the host did bring them up to speed. After hearing more about bitcoin’s value, utility, and how it works, the majority changed their choice.

The host also got them to download a wallet app and transferred them a token amount of bitcoin. This is exactly how I was introduced to bitcoin several years ago when our esteemed editor met me at a networking event. 20 minutes later I was the proud owner of $1 worth of bitcoin (worth over 30 dollars today!).

So I encourage you now to do exactly this. Offer everyone you know one dollar (few will refuse it), then help them to install a wallet and send it to them. Explain that they can just keep checking it to see its value, or they can add to and/or use it.

Oh, and tell them that if you’d given it to them six months ago it would be worth over two dollars by now.

What do you think of the students’ responses? Share your thoughts below!


Images via Shutterstock

The post University Students Choose One Dollar Over One Bitcoin appeared first on Bitcoinist.com.

Full Article


Quant Network — Enabling Mass Adoption of Blockchain at a Rapid Pace

It’s been an incredible couple of months for Quant Network with lots of exciting news coming out, the company is growing fast, expanding to the US and taking on new clients at a rapid pace and enabling enterprise mass adoption of blockchain.

  • named Gartner Cool Vendor 2019 in Blockchain Technology
  • play integral part in Hyperledger Quilt reboot to enable universal interoperability for Hyperledger and CTO becomes Chair of Hyperledger Quilt
  • Adds connections to Stellar, EOS and Permissioned version of Ethereum to take the total connected blockchains to 10 - already connects R3's Corda, Hyperledger, JP Morgan's Quorum, Ripple, Ethereum (public), IOTA and Bitcoin
  • chosen as one of 20 leading scaleups for the UK Government backed Tech Nation's Cybersecurity Growth Programme
  • will soon be releasing details on how the team is able to move Digital assets across chains and QNT will be the Universal Utility token to enable this.
  • Sponsored Consensus with a large booth in prime location next to AWS, IBM, Digital Currency Group etc. Met and signed up lots of new clients whilst at the event.
  • Youtube Interview with Crypto Finder
  • Supporing the ADC Global Blockchain Summet sponsored by IBM and DATA 61 where teams built new multi chain apps powered by Overledger
  • Speaker at Tech UK and British Standards Institute Group where Gilber, BSI and Samsung were talking about why Standards matter in blockchain
  • ISO TC 307 which Gilbert founded has expanded to 54 countries working towards and the next meeting is held between 27 - 31st May in Dublin. Gilbert is attending and is the Head of Delegation for the UK
  • Expand to the US Market to meet client demand
  • Managing Director of Rockefeller Capital (manages $18.4 Billion in assets) joins the board of Quant Network, supporting the company's expansion to the US
  • Tech Women 100 Winner Cecilia Harvey joins Quant Network as Chief Operating Officer from her previous role as Director at HSBC Global Banking and Markets
  • Top 100 Global Market Leader joins the team as Marketing Director
  • Release of the Enterprise Quant Treasury - There own payment processor where clients can pay for licenses in FIAT and the team automatically convert them into QNT which get taken out of circulation.
  • Partner with Data 61 to participate in Cross-Border trials with the Global Financial Innovation Network (GFIN) - involved bodies such as the Financial Conduct Authority (FSA), Australian Securities & Investments Commision (ASIC), Monetary Authroity of Signapore, Hong Kong Monetory Authority, Central Bank of Bahrain and many more all participated with in the trials.
  • Released Quant Atlas their solution to enable interoperable banking through cross border Open Banking
  • Nearly 100K QNT were unlocked for bounties from the ICO in April and all QNT is now in circulating supply. With a total supply of 14.6 Million QNT there is no inflation, no new QNT minted, no further token unlocks / bounties. From now on it’s just clients purchasing licenses and taking QNT out of circulating supply. The team also released an updated version of their draft Utility paper which can be found here

For more details about the points above please see the following article

https://medium.com/@CryptoSeq/quant-network-enabling-mass-adoption-of-blockchain-at-a-rapid-pace-60a8f08e95b0

For an indepth look at Quant Network please see the following posts:

Part One — Blockchain Fundamentals

Part Two — The Layers Of Overledger

Part Three — TrustTag and the Tokenisation of data

Part Four — Features Overledger provides to MAPPs

Part Five — Creating the Standards for Interoperability

Part Six — The Team behind Overledger and Partners

Part Seven — The QNT Token

Part Eight — Enabling Enterprise Mass Adoption


8 mistakes I made caused me to fail 3 online businesses and what I’ve learned from them

Throughout my journey, I’ve built 2 successful 6 figure business and I’ve also failed several businesses along the way (3 online businesses) and burned a lot of money on ads, effort and time. These are the 8 mistakes I made that I wish knew when I started my online business

1. Jumping onto the hype train

I was in the middle of starting my digital marketing agency, but everyone was raving about dropshipping and I decided to stop everything I do and jumped the hype train

Happened to me several times with several other things, and I made a whooping of $0

At first, I was bought into dropshipping, I failed. And then I invested into bitcoin, lost money. And then it was doing affiliate marketing, failed. The list goes on.

“Gurus” will always hype them up to sell their courses. On paper, all these opportunities make SO much sense and it always looks so much better than what you’re currently doing. But the reality it’s rarely the case with false expectations “gurus” lured you in with their sales copy on facebook.

Don’t get me wrong, people DO make money at dropshipping, bitcoin etc. But just like anything else, it’s not as easy as it sounds and it requires hard work, consistency, and investment

Focus on what you do and become the master of it. Don’t let the hype trains distract you, don’t listen to other people rave about the new “hot” opportunity or the next bitcoin

I was talking to local business owners and sales reps the other day and some of them are doing 7 to 8 figures in local, brick and mortar businesses. One local wholesaling business selling niched imported products to local convenience stores are doing $600k/month. I could not believe it. People who succeed did it by focusing on what they are really good at and not doing what everybody else is doing and not buy into the guru’s sales copy on the next hype train

I decided I’m going to focus on my online coaching business and stick to it for a long time and I made more money than all other hype trains I jumped

2. Focusing on competitors instead of bringing your client results

When things get traction and finally moving forward, I looked at my competitors and I felt like crap afterwards. Then I started self-sabotaging myself and started doing what competitors are doing and everything went downhill.

Competition is for pussies, seriously. If you’re offering the EXACT same thing as your competitors, of course you will be competing.

It’s okay to look at competitors to gauge the market needs/desires and what they are doing - but offering the exact same thing as your competitor is a surefire way to be price shopped. Come up with unique angles and offers and create something totally unique to the marketplace that solves the market needs/desires. If you can’t make it unique, make it 10x better and offering what your competition don’t and make sure you’re miles ahead of everyone

Focus delivering EXCELLENT service, not focusing what competitors are doing, not marketing gimmicks with a new widget, design etc

If you have a really good product/service that solves a strong need/desire, people will naturally spread the word and your customers will willingly spread the word out. There’s no need to look at competitors and compare yourself to them

3. Thinking it’s all about me

No one cares about you in business. They only care about getting their pain fixed and the result they want. It’s not about what you wear, the design of your logo, your qualifications, your awards with google etc. People ONLY care about how you can help them with their problems and the results.

E.g

Do you pay an SEO agency for how fancy their office is, how many staff they have, how good they look when they consult you OR do you actually pay for your site to be ranked on the top on the first page?

Do you pay a basketball coach on how he presents himself with certificates OR do you pay a basketball coach to win the game?

Do you pay a personal trainer based on what kind of certificates he has OR do you actually pay a personal trainer to get results for yourself?

You get the gist - people pay for results and how you can help them. Focus on the results of your clients and not the “image” you put it out there

4. Selling to the wrong people

It happened to me a several times. I was speaking at an event and no one signed up for my offer despite having a huge audience, which I normally do with about 30 - 40% signup rate. My mind started going crazy thinking and doubting about my offer, my niche, everything. Later then I found out the people that came to the are not the people who fit in my target audience

Create your ideal customer avatar, know EXACTLY who you are selling it to. That way when you write your ads or market your services you know exactly how you can attract to your ideal customer instead of scattergun approach targeting everyone to buy your product/service which most people won’t.

On the phone or through online, qualify the prospect properly and make sure they are a good fit AND can afford your product/service BEFORE pitching and selling them your product/service - ask them qualifying questions without sounding like you just wanna close them. That way it SAVES you time and headaches wondering why can’t you close.

There are enough people in the world for what you sell, as long as it solves a strong problem/need/desire

Talking and selling to 100 wrong people vs 100 the right people makes a HUGE difference. Not everybody buys your stuff. ONLY sell to the right people, people who need and will benefit from your product/service

Don’t waste your time with the wrong people. The last thing you want is selling someone who doesn’t need your service/product because that is only going to cause you pain and troubles (worst case you’ll be in a legal situation).

If I were to sell a weight loss program to a guy who is fit and lean - doesn’t matter if I’m a sales gun with the world’s best weight loss program. He’s not going to buy because he’s doesn’t need it

5. Avoiding fears

This is huge for a lot of people including myself. I used to be paralysed by my fear and not being able to take action because I was so afraid of failure and what other people think about me.

This reframe that helped me a lot: Acknowledge the fear, embrace it and do it anyway. What’s the worst is going to happen? If I don’t take action, I’ll regret that I didn’t even try and that’s a 100% failure for me. Or I could just embrace fear and do it anyway, at least I know I took action and tried my best. And if it didn’t work out at least I’ve gained feedback and experience that will allow me to succeed in the future.

Spending $2,000 a week on Facebook Ads not knowing if it’s going to work is scary (and $2,000 a week is nothing in the fb ads world)

Writing a controversial copy you know will offend other people is scary

Picking up a phone talking to potential clients is scary

People saying no to your offer is scary

People hating you on the internet is scary

But that does not mean you’re giving up

Take it as an experience, learn and iterate from there

6. Not listening to people who have actually done it and succeeded

I used to think:

“He’s successful because he’s in a different situation, his advice won’t work for me”

“Why sign up to programs and buy courses when I can just do it myself”

“He’s naturally confident and bold. His advice only works for people like that. I’m not like that”

“His advice is horrible I can do a better job myself”

By not listening to people who have actually succeeded brought me to nowhere but broke and wasted a bunch of money on useless stuff that I thought it’ll work

Then I started looking at people who are successful, start taking on their habits and their principles and look at what they are doing - started taking their programs, reading their books, taking their courses and that helped me to start my first successful online coaching business

If I were to do it all by myself there is no way I will be here today

7. Not validating with the market - thinking of what YOU want instead of what the market actually wants

I’ve spent 2.5 months working 12 hours a day to create a info product to find out that nobody wants it. That moment was the worst feeling I hope no one will ever go through

Don’t think about the next “cool” thing or how what awesome product you want to create. It’s irrelevant. Come from a mindset on how can my service/product solve my customer's pain.

Instead of boiling up ideas in your own head (which a lot of us entrepreneurs do, I probably come up with 2-3 new ideas every single week) start talking to people and figure out what problems/desires do they have and come up with a solution to solve that problem instead of coming up with “cool” ideas.

Ideas in your head are what YOU want and NOT what the market ACTUALLY wants.

My first successful online coaching business is teaching men how to meet and date women. Initially when I started this business, I thought every single man wants to know how to attract girls they like with their own personality. But after taking my time out and actually talk to a lot of men to further understand their pain/need/desires, I then realized what they actually need/want is to know how to meet them and how to maintain attraction without blowing it up - and that’s how my first coaching business got successful. If I were to go with the original angle of attracting girls with their own personality, it would be a 100% failure.

8. Not believing and underestimating yourself

The biggest amongst all - is that you need to believe in yourself that you can start a successful business. If I haven’t believed in myself, I probably would not start a business and probably will still be working at a job I hate.

Mindset is everything to success. Belief in your ability to make it work and seeing failures as feedback on how you can do things better

We HIGHLY underestimate ourselves and the amount of abundance there is in the world, and it all starts from the mind on actually start believing that you can bring value to people and change their lives with your expertise

I hope this helps you to empower your journey. If you do want to start your online coaching business - you’re in the right place

I help people start their highly profitable online coaching business and grow it to 6 figures. If you have something you’re good at or passionate in, why not turn it into a business by offering high-ticket coaching to help people/businesses make a transformation?

If you’ve failed at starting an online business in the past, its not your fault. If this appeals to you, let’s talk. I’m currently offering a free strategy session for a limited time - on the session we’ll dive deep on what’s actually holding you back on starting a successful online business, then we’ll map out exactly what your goals are, how to launch your coaching business and how we can bridge that gap and make that a reality

https://www.yikhaiwong.com/letschat.html

P.S If you're lazy and think this is just easy money where you can just sit back and click some buttons to make money and not helping people, save both of us time and don't apply. I will ONLY work with highly motivated individuals who are serious about starting their coaching business and willing to commit and start putting things in motion


8 mistakes I made caused me to fail 3 online businesses and what I’ve learned from them

Throughout my journey, I’ve built 2 successful 6 figure business and I’ve also failed several businesses along the way (3 online businesses) and burned a lot of money on ads, effort and time. These are the 8 mistakes I made that I wish knew when I started my online business

1. Jumping onto the hype train

I was in the middle of starting my digital marketing agency, but everyone was raving about dropshipping and I decided to stop everything I do and jumped the hype train

Happened to me several times with several other things, and I made a whooping of $0

At first, I was bought into dropshipping, I failed. And then I invested into bitcoin, lost money. And then it was doing affiliate marketing, failed. The list goes on.

“Gurus” will always hype them up to sell their courses. On paper, all these opportunities make SO much sense and it always looks so much better than what you’re currently doing. But the reality it’s rarely the case with false expectations “gurus” lured you in with their sales copy on facebook.

Don’t get me wrong, people DO make money at dropshipping, bitcoin etc. But just like anything else, it’s not as easy as it sounds and it requires hard work, consistency, and investment

Focus on what you do and become the master of it. Don’t let the hype trains distract you, don’t listen to other people rave about the new “hot” opportunity or the next bitcoin

I was talking to local business owners and sales reps the other day and some of them are doing 7 to 8 figures in local, brick and mortar businesses. One local wholesaling business selling niched imported products to local convenience stores are doing $600k/month. I could not believe it. People who succeed did it by focusing on what they are really good at and not doing what everybody else is doing and not buy into the guru’s sales copy on the next hype train

I decided I’m going to focus on my online coaching business and stick to it for a long time and I made more money than all other hype trains I jumped

2. Focusing on competitors instead of bringing your client results

When things get traction and finally moving forward, I looked at my competitors and I felt like crap afterwards. Then I started self-sabotaging myself and started doing what competitors are doing and everything went downhill.

Competition is for pussies, seriously. If you’re offering the EXACT same thing as your competitors, of course you will be competing.

It’s okay to look at competitors to gauge the market needs/desires and what they are doing - but offering the exact same thing as your competitor is a surefire way to be price shopped. Come up with unique angles and offers and create something totally unique to the marketplace that solves the market needs/desires. If you can’t make it unique, make it 10x better and offering what your competition don’t and make sure you’re miles ahead of everyone

Focus delivering EXCELLENT service, not focusing what competitors are doing, not marketing gimmicks with a new widget, design etc

If you have a really good product/service that solves a strong need/desire, people will naturally spread the word and your customers will willingly spread the word out. There’s no need to look at competitors and compare yourself to them

3. Thinking it’s all about me

No one cares about you in business. They only care about getting their pain fixed and the result they want. It’s not about what you wear, the design of your logo, your qualifications, your awards with google etc. People ONLY care about how you can help them with their problems and the results.

E.g

Do you pay an SEO agency for how fancy their office is, how many staff they have, how good they look when they consult you OR do you actually pay for your site to be ranked on the top on the first page?

Do you pay a basketball coach on how he presents himself with certificates OR do you pay a basketball coach to win the game?

Do you pay a personal trainer based on what kind of certificates he has OR do you actually pay a personal trainer to get results for yourself?

You get the gist - people pay for results and how you can help them. Focus on the results of your clients and not the “image” you put it out there

4. Selling to the wrong people

It happened to me a several times. I was speaking at an event and no one signed up for my offer despite having a huge audience, which I normally do with about 30 - 40% signup rate. My mind started going crazy thinking and doubting about my offer, my niche, everything. Later then I found out the people that came to the are not the people who fit in my target audience

Create your ideal customer avatar, know EXACTLY who you are selling it to. That way when you write your ads or market your services you know exactly how you can attract to your ideal customer instead of scattergun approach targeting everyone to buy your product/service which most people won’t.

On the phone or through online, qualify the prospect properly and make sure they are a good fit AND can afford your product/service BEFORE pitching and selling them your product/service - ask them qualifying questions without sounding like you just wanna close them. That way it SAVES you time and headaches wondering why can’t you close.

There are enough people in the world for what you sell, as long as it solves a strong problem/need/desire

Talking and selling to 100 wrong people vs 100 the right people makes a HUGE difference. Not everybody buys your stuff. ONLY sell to the right people, people who need and will benefit from your product/service

Don’t waste your time with the wrong people. The last thing you want is selling someone who doesn’t need your service/product because that is only going to cause you pain and troubles (worst case you’ll be in a legal situation).

If I were to sell a weight loss program to a guy who is fit and lean - doesn’t matter if I’m a sales gun with the world’s best weight loss program. He’s not going to buy because he’s doesn’t need it

5. Avoiding fears

This is huge for a lot of people including myself. I used to be paralysed by my fear and not being able to take action because I was so afraid of failure and what other people think about me.

This reframe that helped me a lot: Acknowledge the fear, embrace it and do it anyway. What’s the worst is going to happen? If I don’t take action, I’ll regret that I didn’t even try and that’s a 100% failure for me. Or I could just embrace fear and do it anyway, at least I know I took action and tried my best. And if it didn’t work out at least I’ve gained feedback and experience that will allow me to succeed in the future.

Spending $2,000 a week on Facebook Ads not knowing if it’s going to work is scary (and $2,000 a week is nothing in the fb ads world)

Writing a controversial copy you know will offend other people is scary

Picking up a phone talking to potential clients is scary

People saying no to your offer is scary

People hating you on the internet is scary

But that does not mean you’re giving up

Take it as an experience, learn and iterate from there

6. Not listening to people who have actually done it and succeeded

I used to think:

“He’s successful because he’s in a different situation, his advice won’t work for me”

“Why sign up to programs and buy courses when I can just do it myself”

“He’s naturally confident and bold. His advice only works for people like that. I’m not like that”

“His advice is horrible I can do a better job myself”

By not listening to people who have actually succeeded brought me to nowhere but broke and wasted a bunch of money on useless stuff that I thought it’ll work

Then I started looking at people who are successful, start taking on their habits and their principles and look at what they are doing - started taking their programs, reading their books, taking their courses and that helped me to start my first successful online coaching business

If I were to do it all by myself there is no way I will be here today

7. Not validating with the market - thinking of what YOU want instead of what the market actually wants

I’ve spent 2.5 months working 12 hours a day to create a info product to find out that nobody wants it. That moment was the worst feeling I hope no one will ever go through

Don’t think about the next “cool” thing or how what awesome product you want to create. It’s irrelevant. Come from a mindset on how can my service/product solve my customer's pain.

Instead of boiling up ideas in your own head (which a lot of us entrepreneurs do, I probably come up with 2-3 new ideas every single week) start talking to people and figure out what problems/desires do they have and come up with a solution to solve that problem instead of coming up with “cool” ideas.

Ideas in your head are what YOU want and NOT what the market ACTUALLY wants.

My first successful online coaching business is teaching men how to meet and date women. Initially when I started this business, I thought every single man wants to know how to attract girls they like with their own personality. But after taking my time out and actually talk to a lot of men to further understand their pain/need/desires, I then realized what they actually need/want is to know how to meet them and how to maintain attraction without blowing it up - and that’s how my first coaching business got successful. If I were to go with the original angle of attracting girls with their own personality, it would be a 100% failure.

8. Not believing and underestimating yourself

The biggest amongst all - is that you need to believe in yourself that you can start a successful business. If I haven’t believed in myself, I probably would not start a business and probably will still be working at a job I hate.

Mindset is everything to success. Belief in your ability to make it work and seeing failures as feedback on how you can do things better

We HIGHLY underestimate ourselves and the amount of abundance there is in the world, and it all starts from the mind on actually start believing that you can bring value to people and change their lives with your expertise

I hope this helps you to empower your journey. If you do want to start your online coaching business - you’re in the right place

I help people start their highly profitable online coaching business and grow it to 6 figures. If you have something you’re good at or passionate in, why not turn it into a business by offering high-ticket coaching to help people/businesses make a transformation?

If you’ve failed at starting an online business in the past, its not your fault. If this appeals to you, let’s talk. I’m currently offering a free strategy session for a limited time - on the session we’ll dive deep on what’s actually holding you back on starting a successful online business, then we’ll map out exactly what your goals are, how to launch your coaching business and how we can bridge that gap and make that a reality

https://www.yikhaiwong.com/letschat.html

P.S If you're lazy and think this is just easy money where you can just sit back and click some buttons to make money and not helping people, save both of us time and don't apply. I will ONLY work with highly motivated individuals who are serious about starting their coaching business and willing to commit and start putting things in motion


[Daily Discussion] Friday, May 24, 2019

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


8 mistakes I made caused me to fail 3 online businesses and what I’ve learned from them

Throughout my journey, I’ve built 2 successful 6 figure business and I’ve also failed several businesses along the way (3 online businesses) and burned a lot of money on ads, effort and time. These are the 8 mistakes I made that I wish knew when I started my online business

1. Jumping onto the hype train

I was in the middle of starting my digital marketing agency, but everyone was raving about dropshipping and I decided to stop everything I do and jumped the hype train

Happened to me several times with several other things, and I made a whooping of $0

At first, I was bought into dropshipping, I failed. And then I invested into bitcoin, lost money. And then it was doing affiliate marketing, failed. The list goes on.

“Gurus” will always hype them up to sell their courses. On paper, all these opportunities make SO much sense and it always looks so much better than what you’re currently doing. But the reality it’s rarely the case with false expectations “gurus” lured you in with their sales copy on facebook.

Don’t get me wrong, people DO make money at dropshipping, bitcoin etc. But just like anything else, it’s not as easy as it sounds and it requires hard work, consistency, and investment

Focus on what you do and become the master of it. Don’t let the hype trains distract you, don’t listen to other people rave about the new “hot” opportunity or the next bitcoin

I was talking to local business owners and sales reps the other day and some of them are doing 7 to 8 figures in local, brick and mortar businesses. One local wholesaling business selling niched imported products to local convenience stores are doing $600k/month. I could not believe it. People who succeed did it by focusing on what they are really good at and not doing what everybody else is doing and not buy into the guru’s sales copy on the next hype train

I decided I’m going to focus on my online coaching business and stick to it for a long time and I made more money than all other hype trains I jumped

2. Focusing on competitors instead of bringing your client results

When things get traction and finally moving forward, I looked at my competitors and I felt like crap afterwards. Then I started self-sabotaging myself and started doing what competitors are doing and everything went downhill.

Competition is for pussies, seriously. If you’re offering the EXACT same thing as your competitors, of course you will be competing.

It’s okay to look at competitors to gauge the market needs/desires and what they are doing - but offering the exact same thing as your competitor is a surefire way to be price shopped. Come up with unique angles and offers and create something totally unique to the marketplace that solves the market needs/desires. If you can’t make it unique, make it 10x better and offering what your competition don’t and make sure you’re miles ahead of everyone

Focus delivering EXCELLENT service, not focusing what competitors are doing, not marketing gimmicks with a new widget, design etc

If you have a really good product/service that solves a strong need/desire, people will naturally spread the word and your customers will willingly spread the word out. There’s no need to look at competitors and compare yourself to them

3. Thinking it’s all about me

No one cares about you in business. They only care about getting their pain fixed and the result they want. It’s not about what you wear, the design of your logo, your qualifications, your awards with google etc. People ONLY care about how you can help them with their problems and the results.

E.g

Do you pay an SEO agency for how fancy their office is, how many staff they have, how good they look when they consult you OR do you actually pay for your site to be ranked on the top on the first page?

Do you pay a basketball coach on how he presents himself with certificates OR do you pay a basketball coach to win the game?

Do you pay a personal trainer based on what kind of certificates he has OR do you actually pay a personal trainer to get results for yourself?

You get the gist - people pay for results and how you can help them. Focus on the results of your clients and not the “image” you put it out there

4. Selling to the wrong people

It happened to me a several times. I was speaking at an event and no one signed up for my offer despite having a huge audience, which I normally do with about 30 - 40% signup rate. My mind started going crazy thinking and doubting about my offer, my niche, everything. Later then I found out the people that came to the are not the people who fit in my target audience

Create your ideal customer avatar, know EXACTLY who you are selling it to. That way when you write your ads or market your services you know exactly how you can attract to your ideal customer instead of scattergun approach targeting everyone to buy your product/service which most people won’t.

On the phone or through online, qualify the prospect properly and make sure they are a good fit AND can afford your product/service BEFORE pitching and selling them your product/service - ask them qualifying questions without sounding like you just wanna close them. That way it SAVES you time and headaches wondering why can’t you close.

There are enough people in the world for what you sell, as long as it solves a strong problem/need/desire

Talking and selling to 100 wrong people vs 100 the right people makes a HUGE difference. Not everybody buys your stuff. ONLY sell to the right people, people who need and will benefit from your product/service

Don’t waste your time with the wrong people. The last thing you want is selling someone who doesn’t need your service/product because that is only going to cause you pain and troubles (worst case you’ll be in a legal situation).

If I were to sell a weight loss program to a guy who is fit and lean - doesn’t matter if I’m a sales gun with the world’s best weight loss program. He’s not going to buy because he’s doesn’t need it

5. Avoiding fears

This is huge for a lot of people including myself. I used to be paralysed by my fear and not being able to take action because I was so afraid of failure and what other people think about me.

This reframe that helped me a lot: Acknowledge the fear, embrace it and do it anyway. What’s the worst is going to happen? If I don’t take action, I’ll regret that I didn’t even try and that’s a 100% failure for me. Or I could just embrace fear and do it anyway, at least I know I took action and tried my best. And if it didn’t work out at least I’ve gained feedback and experience that will allow me to succeed in the future.

Spending $2,000 a week on Facebook Ads not knowing if it’s going to work is scary (and $2,000 a week is nothing in the fb ads world)

Writing a controversial copy you know will offend other people is scary

Picking up a phone talking to potential clients is scary

People saying no to your offer is scary

People hating you on the internet is scary

But that does not mean you’re giving up

Take it as an experience, learn and iterate from there

6. Not listening to people who have actually done it and succeeded

I used to think:

“He’s successful because he’s in a different situation, his advice won’t work for me”

“Why sign up to programs and buy courses when I can just do it myself”

“He’s naturally confident and bold. His advice only works for people like that. I’m not like that”

“His advice is horrible I can do a better job myself”

By not listening to people who have actually succeeded brought me to nowhere but broke and wasted a bunch of money on useless stuff that I thought it’ll work

Then I started looking at people who are successful, start taking on their habits and their principles and look at what they are doing - started taking their programs, reading their books, taking their courses and that helped me to start my first successful online coaching business

If I were to do it all by myself there is no way I will be here today

7. Not validating with the market - thinking of what YOU want instead of what the market actually wants

I’ve spent 2.5 months working 12 hours a day to create a info product to find out that nobody wants it. That moment was the worst feeling I hope no one will ever go through

Don’t think about the next “cool” thing or how what awesome product you want to create. It’s irrelevant. Come from a mindset on how can my service/product solve my customer's pain.

Instead of boiling up ideas in your own head (which a lot of us entrepreneurs do, I probably come up with 2-3 new ideas every single week) start talking to people and figure out what problems/desires do they have and come up with a solution to solve that problem instead of coming up with “cool” ideas.

Ideas in your head are what YOU want and NOT what the market ACTUALLY wants.

My first successful online coaching business is teaching men how to meet and date women. Initially when I started this business, I thought every single man wants to know how to attract girls they like with their own personality. But after taking my time out and actually talk to a lot of men to further understand their pain/need/desires, I then realized what they actually need/want is to know how to meet them and how to maintain attraction without blowing it up - and that’s how my first coaching business got successful. If I were to go with the original angle of attracting girls with their own personality, it would be a 100% failure.

8. Not believing and underestimating yourself

The biggest amongst all - is that you need to believe in yourself that you can start a successful business. If I haven’t believed in myself, I probably would not start a business and probably will still be working at a job I hate.

Mindset is everything to success. Belief in your ability to make it work and seeing failures as feedback on how you can do things better

We HIGHLY underestimate ourselves and the amount of abundance there is in the world, and it all starts from the mind on actually start believing that you can bring value to people and change their lives with your expertise

I hope this helps you to empower your journey. If you do want to start your online coaching business - you’re in the right place

I help people start their highly profitable online coaching business and grow it to 6 figures. If you have something you’re good at or passionate in, why not turn it into a business by offering high-ticket coaching to help people/businesses make a transformation?

If you’ve failed at starting an online business in the past, its not your fault. If this appeals to you, let’s talk. I’m currently offering a free strategy session for a limited time - on the session we’ll dive deep on what’s actually holding you back on starting a successful online business, then we’ll map out exactly what your goals are, how to launch your coaching business and how we can bridge that gap and make that a reality

https://www.yikhaiwong.com/letschat.html

P.S If you're lazy and think this is just easy money where you can just sit back and click some buttons to make money and not helping people, save both of us time and don't apply. I will ONLY work with highly motivated individuals who are serious about starting their coaching business and willing to commit and start putting things in motion


GLOBAL GOVERNMENTS vs CRYPTO REGULATION

https://i.redd.it/adb4jy6158031.jpg

Its not a secret for anyone that governments and other influential organizations seek to take control of the cryptocurrency industry and impose their game rules, by analogy with traditional finance. In the new technologies that have opened up completely new opportunities for many people, states see a direct threat to the current system that allows a handful of wealthy individuals to maintain economic segregation in their society.

It can be stated that ten years after the appearance of Bitcoin and other cryptocurrencies, the government’s unified viewpoint has not yet been worked out. These attempts, however, they do not leave.

Federal Reserve Bank of New York held a meeting with the participation of 24 financial bodies and 11 major international organizations, including the International Monetary Fund (IMF) and the World Bank at the beginning of May. The event was held as part of the plenary session of the Financial Stability Board (FSB), and among other things it discussed “vulnerabilities in the global financial system”, as well as international standards for the regulation of cryptocurrencies as part of a set of protective measures.

As the Council stated, its work with crypto assets focuses on two areas: monitoring the effects of their use on financial stability and creating a list of regulators. The organization also announced its intention to publish updated information on the work of regulatory standards development bodies and present it at a meeting of finance ministers and central bank governors of the G20 countries, which will be held June 28–29 in Osaka.

The importance of consistently introducing international standards was also highlighted by Choi Jon-ku, Chairman of the South Korean Financial Market Regulatory Commission (FSC), who was present at the meeting. In his opinion, each country needs to apply regulations in accordance with international standards prepared by the Financial Action Task Force on Money Laundering (FATF). Such an approach, the head of FSC said, will help negate inconsistencies in the laws of individual countries.

The key message of the FATF recommendations is to propose that “virtual asset providers”, which include cryptocurrency exchanges, wallets and other infrastructure platforms, “collect and store necessary and accurate information about the senders and recipients of crypto assets”. According to the organization, the authorities should be able to obtain this data at any time.

To understand the emerging picture, it is also necessary to remember that the recommendations of the FSB apply to the countries that are part of the organization. To date, this list includes Australia, Argentina, Brazil, Canada, China, France, Germany, Hong Kong, India, Indonesia, Italy, Japan, South Korea, Mexico, the Netherlands, Russia, Singapore, Spain, Switzerland, Turkey, UK and the United States, that is, almost all the largest jurisdictions in the world. In addition, the FSB includes the IMF, the World Bank, the Bank for International Settlements (BIS), the European Central Bank, the European Commission and a number of other organizations.

In addition, in April, the FSB submitted a report that listed the agencies responsible for regulating cryptocurrency in the G20 countries, which includes most of the countries listed above.

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Can anybody name another blockchain company that has achieved more in the last 2 months? (and still near the bottom on page 2 on CMC)

It’s been an incredible couple of months for Quant Network with lots of exciting news coming out, the company is growing fast, expanding to the US and taking on new clients at a rapid pace and enabling enterprise mass adoption of blockchain.

Leave a comment if there are any others that have achieved similar levels in the last 2 months

  • named Gartner Cool Vendor 2019 in Blockchain Technology
  • play integral part in Hyperledger Quilt reboot to enable universal interoperability for Hyperledger and CTO becomes Chair of Hyperledger Quilt
  • Adds connections to Stellar, EOS and Permissioned version of Ethereum to take the total connected blockchains to 10 - already connects R3's Corda, Hyperledger, JP Morgan's Quorum, Ripple, Ethereum (public), IOTA and Bitcoin
  • chosen as one of 20 leading scaleups for the UK Government backed Tech Nation's Cybersecurity Growth Programme
  • will soon be releasing details on how the team is able to move Digital assets across chains and QNT will be the Universal Utility token to enable this.
  • Sponsored Consensus with a large booth in prime location next to AWS, IBM, Digital Currency Group etc. Met and signed up lots of new clients whilst at the event.
  • Youtube Interview with Crypto Finder
  • Supporing the ADC Global Blockchain Summet sponsored by IBM and DATA 61 where teams built new multi chain apps powered by Overledger
  • Speaker at Tech UK and British Standards Institute Group where Gilber, BSI and Samsung were talking about why Standards matter in blockchain
  • ISO TC 307 which Gilbert founded has expanded to 54 countries working towards and the next meeting is held between 27 - 31st May in Dublin. Gilbert is attending and is the Head of Delegation for the UK
  • Expand to the US Market to meet client demand
  • Managing Director of Rockefeller Capital (manages $18.4 Billion in assets) joins the board of Quant Network, supporting the company's expansion to the US
  • Tech Women 100 Winner Cecilia Harvey joins Quant Network as Chief Operating Officer from her previous role as Director at HSBC Global Banking and Markets
  • Top 100 Global Market Leader joins the team as Marketing Director
  • Release of the Enterprise Quant Treasury - There own payment processor where clients can pay for licenses in FIAT and the team automatically convert them into QNT which get taken out of circulation.
  • Partner with Data 61 to participate in Cross-Border trials with the Global Financial Innovation Network (GFIN) - involved bodies such as the Financial Conduct Authority (FSA), Australian Securities & Investments Commision (ASIC), Monetary Authroity of Signapore, Hong Kong Monetory Authority, Central Bank of Bahrain and many more all participated with in the trials.
  • Released Quant Atlas their solution to enable interoperable banking through cross border Open Banking
  • Nearly 100K QNT were unlocked for bounties from the ICO in April and all QNT is now in circulating supply. With a total supply of 14.6 Million QNT there is no inflation, no new QNT minted, no further token unlocks / bounties. From now on it’s just clients purchasing licenses and taking QNT out of circulating supply. The team also released an updated version of their draft Utility paper which can be found here

For more details about the points above please see the following article

https://medium.com/@CryptoSeq/quant-network-enabling-mass-adoption-of-blockchain-at-a-rapid-pace-60a8f08e95b0

For an indepth look at Quant Network please see the following posts:

Part One — Blockchain Fundamentals

Part Two — The Layers Of Overledger

Part Three — TrustTag and the Tokenisation of data

Part Four — Features Overledger provides to MAPPs

Part Five — Creating the Standards for Interoperability

Part Six — The Team behind Overledger and Partners

Part Seven — The QNT Token

Part Eight — Enabling Enterprise Mass Adoption


8 mistakes I made caused me to fail 3 online businesses and what I’ve learned from them

Throughout my journey, I’ve built 2 successful 6 figure business and I’ve also failed several businesses along the way (3 online businesses) and burned a lot of money on ads, effort and time. These are the 8 mistakes I made that I wish knew when I started my online business

1. Jumping onto the hype train

I was in the middle of starting my digital marketing agency, but everyone was raving about dropshipping and I decided to stop everything I do and jumped the hype train

Happened to me several times with several other things, and I made a whooping of $0

At first, I was bought into dropshipping, I failed. And then I invested into bitcoin, lost money. And then it was doing affiliate marketing, failed. The list goes on.

“Gurus” will always hype them up to sell their courses. On paper, all these opportunities make SO much sense and it always looks so much better than what you’re currently doing. But the reality it’s rarely the case with false expectations “gurus” lured you in with their sales copy on facebook.

Don’t get me wrong, people DO make money at dropshipping, bitcoin etc. But just like anything else, it’s not as easy as it sounds and it requires hard work, consistency, and investment

Focus on what you do and become the master of it. Don’t let the hype trains distract you, don’t listen to other people rave about the new “hot” opportunity or the next bitcoin

I was talking to local business owners and sales reps the other day and some of them are doing 7 to 8 figures in local, brick and mortar businesses. One local wholesaling business selling niched imported products to local convenience stores are doing $600k/month. I could not believe it. People who succeed did it by focusing on what they are really good at and not doing what everybody else is doing and not buy into the guru’s sales copy on the next hype train

I decided I’m going to focus on my online coaching business and stick to it for a long time and I made more money than all other hype trains I jumped

2. Focusing on competitors instead of bringing your client results

When things get traction and finally moving forward, I looked at my competitors and I felt like crap afterwards. Then I started self-sabotaging myself and started doing what competitors are doing and everything went downhill.

Competition is for pussies, seriously. If you’re offering the EXACT same thing as your competitors, of course you will be competing.

It’s okay to look at competitors to gauge the market needs/desires and what they are doing - but offering the exact same thing as your competitor is a surefire way to be price shopped. Come up with unique angles and offers and create something totally unique to the marketplace that solves the market needs/desires. If you can’t make it unique, make it 10x better and offering what your competition don’t and make sure you’re miles ahead of everyone

Focus delivering EXCELLENT service, not focusing what competitors are doing, not marketing gimmicks with a new widget, design etc

If you have a really good product/service that solves a strong need/desire, people will naturally spread the word and your customers will willingly spread the word out. There’s no need to look at competitors and compare yourself to them

3. Thinking it’s all about me

No one cares about you in business. They only care about getting their pain fixed and the result they want. It’s not about what you wear, the design of your logo, your qualifications, your awards with google etc. People ONLY care about how you can help them with their problems and the results.

E.g

Do you pay an SEO agency for how fancy their office is, how many staff they have, how good they look when they consult you OR do you actually pay for your site to be ranked on the top on the first page?

Do you pay a basketball coach on how he presents himself with certificates OR do you pay a basketball coach to win the game?

Do you pay a personal trainer based on what kind of certificates he has OR do you actually pay a personal trainer to get results for yourself?

You get the gist - people pay for results and how you can help them. Focus on the results of your clients and not the “image” you put it out there

4. Selling to the wrong people

It happened to me a several times. I was speaking at an event and no one signed up for my offer despite having a huge audience, which I normally do with about 30 - 40% signup rate. My mind started going crazy thinking and doubting about my offer, my niche, everything. Later then I found out the people that came to the are not the people who fit in my target audience

Create your ideal customer avatar, know EXACTLY who you are selling it to. That way when you write your ads or market your services you know exactly how you can attract to your ideal customer instead of scattergun approach targeting everyone to buy your product/service which most people won’t.

On the phone or through online, qualify the prospect properly and make sure they are a good fit AND can afford your product/service BEFORE pitching and selling them your product/service - ask them qualifying questions without sounding like you just wanna close them. That way it SAVES you time and headaches wondering why can’t you close.

There are enough people in the world for what you sell, as long as it solves a strong problem/need/desire

Talking and selling to 100 wrong people vs 100 the right people makes a HUGE difference. Not everybody buys your stuff. ONLY sell to the right people, people who need and will benefit from your product/service

Don’t waste your time with the wrong people. The last thing you want is selling someone who doesn’t need your service/product because that is only going to cause you pain and troubles (worst case you’ll be in a legal situation).

If I were to sell a weight loss program to a guy who is fit and lean - doesn’t matter if I’m a sales gun with the world’s best weight loss program. He’s not going to buy because he’s doesn’t need it

5. Avoiding fears

This is huge for a lot of people including myself. I used to be paralysed by my fear and not being able to take action because I was so afraid of failure and what other people think about me.

This reframe that helped me a lot: Acknowledge the fear, embrace it and do it anyway. What’s the worst is going to happen? If I don’t take action, I’ll regret that I didn’t even try and that’s a 100% failure for me. Or I could just embrace fear and do it anyway, at least I know I took action and tried my best. And if it didn’t work out at least I’ve gained feedback and experience that will allow me to succeed in the future.

Spending $2,000 a week on Facebook Ads not knowing if it’s going to work is scary (and $2,000 a week is nothing in the fb ads world)

Writing a controversial copy you know will offend other people is scary

Picking up a phone talking to potential clients is scary

People saying no to your offer is scary

People hating you on the internet is scary

But that does not mean you’re giving up

Take it as an experience, learn and iterate from there

6. Not listening to people who have actually done it and succeeded

I used to think:

“He’s successful because he’s in a different situation, his advice won’t work for me”

“Why sign up to programs and buy courses when I can just do it myself”

“He’s naturally confident and bold. His advice only works for people like that. I’m not like that”

“His advice is horrible I can do a better job myself”

By not listening to people who have actually succeeded brought me to nowhere but broke and wasted a bunch of money on useless stuff that I thought it’ll work

Then I started looking at people who are successful, start taking on their habits and their principles and look at what they are doing - started taking their programs, reading their books, taking their courses and that helped me to start my first successful online coaching business

If I were to do it all by myself there is no way I will be here today

7. Not validating with the market - thinking of what YOU want instead of what the market actually wants

I’ve spent 2.5 months working 12 hours a day to create a info product to find out that nobody wants it. That moment was the worst feeling I hope no one will ever go through

Don’t think about the next “cool” thing or how what awesome product you want to create. It’s irrelevant. Come from a mindset on how can my service/product solve my customer's pain.

Instead of boiling up ideas in your own head (which a lot of us entrepreneurs do, I probably come up with 2-3 new ideas every single week) start talking to people and figure out what problems/desires do they have and come up with a solution to solve that problem instead of coming up with “cool” ideas.

Ideas in your head are what YOU want and NOT what the market ACTUALLY wants.

My first successful online coaching business is teaching men how to meet and date women. Initially when I started this business, I thought every single man wants to know how to attract girls they like with their own personality. But after taking my time out and actually talk to a lot of men to further understand their pain/need/desires, I then realized what they actually need/want is to know how to meet them and how to maintain attraction without blowing it up - and that’s how my first coaching business got successful. If I were to go with the original angle of attracting girls with their own personality, it would be a 100% failure.

8. Not believing and underestimating yourself

The biggest amongst all - is that you need to believe in yourself that you can start a successful business. If I haven’t believed in myself, I probably would not start a business and probably will still be working at a job I hate.

Mindset is everything to success. Belief in your ability to make it work and seeing failures as feedback on how you can do things better

We HIGHLY underestimate ourselves and the amount of abundance there is in the world, and it all starts from the mind on actually start believing that you can bring value to people and change their lives with your expertise

I hope this helps you to empower your journey. If you do want to start your online coaching business - you’re in the right place

I help people start their highly profitable online coaching business and grow it to 6 figures. If you have something you’re good at or passionate in, why not turn it into a business by offering high-ticket coaching to help people/businesses make a transformation?

If you’ve failed at starting an online business in the past, its not your fault. If this appeals to you, let’s talk. I’m currently offering a free strategy session for a limited time - on the session we’ll dive deep on what’s actually holding you back on starting a successful online business, then we’ll map out exactly what your goals are, how to launch your coaching business and how we can bridge that gap and make that a reality

https://www.yikhaiwong.com/letschat.html

P.S If you're lazy and think this is just easy money where you can just sit back and click some buttons to make money and not helping people, save both of us time and don't apply. I will ONLY work with highly motivated individuals who are serious about starting their coaching business and willing to commit and start putting things in motion


Infographic: An Overview of Compromised Bitcoin Exchange Events

https://news.coinpath.io/infographic-an-overview-of-compromised-bitcoin-exchange-events/

Can anybody name another blockchain company that has achieved more in the last 2 months? (and still near the bottom on page 2 on CMC)

It’s been an incredible couple of months for Quant Network with lots of exciting news coming out, the company is growing fast, expanding to the US and taking on new clients at a rapid pace and enabling enterprise mass adoption of blockchain.

Leave a comment if there are any others that have achieved similar levels in the last 2 months

  • named Gartner Cool Vendor 2019 in Blockchain Technology
  • play integral part in Hyperledger Quilt reboot to enable universal interoperability for Hyperledger and CTO becomes Chair of Hyperledger Quilt
  • Adds connections to Stellar, EOS and Permissioned version of Ethereum to take the total connected blockchains to 10 - already connects R3's Corda, Hyperledger, JP Morgan's Quorum, Ripple, Ethereum (public), IOTA and Bitcoin
  • chosen as one of 20 leading scaleups for the UK Government backed Tech Nation's Cybersecurity Growth Programme
  • will soon be releasing details on how the team is able to move Digital assets across chains and QNT will be the Universal Utility token to enable this.
  • Sponsored Consensus with a large booth in prime location next to AWS, IBM, Digital Currency Group etc. Met and signed up lots of new clients whilst at the event.
  • Youtube Interview with Crypto Finder
  • Supporing the ADC Global Blockchain Summet sponsored by IBM and DATA 61 where teams built new multi chain apps powered by Overledger
  • Speaker at Tech UK and British Standards Institute Group where Gilber, BSI and Samsung were talking about why Standards matter in blockchain
  • ISO TC 307 which Gilbert founded has expanded to 54 countries working towards and the next meeting is held between 27 - 31st May in Dublin. Gilbert is attending and is the Head of Delegation for the UK
  • Expand to the US Market to meet client demand
  • Managing Director of Rockefeller Capital (manages $18.4 Billion in assets) joins the board of Quant Network, supporting the company's expansion to the US
  • Tech Women 100 Winner Cecilia Harvey joins Quant Network as Chief Operating Officer from her previous role as Director at HSBC Global Banking and Markets
  • Top 100 Global Market Leader joins the team as Marketing Director
  • Release of the Enterprise Quant Treasury - There own payment processor where clients can pay for licenses in FIAT and the team automatically convert them into QNT which get taken out of circulation.
  • Partner with Data 61 to participate in Cross-Border trials with the Global Financial Innovation Network (GFIN) - involved bodies such as the Financial Conduct Authority (FSA), Australian Securities & Investments Commision (ASIC), Monetary Authroity of Signapore, Hong Kong Monetory Authority, Central Bank of Bahrain and many more all participated with in the trials.
  • Released Quant Atlas their solution to enable interoperable banking through cross border Open Banking
  • Nearly 100K QNT were unlocked for bounties from the ICO in April and all QNT is now in circulating supply. With a total supply of 14.6 Million QNT there is no inflation, no new QNT minted, no further token unlocks / bounties. From now on it’s just clients purchasing licenses and taking QNT out of circulating supply. The team also released an updated version of their draft Utility paper which can be found here

For more details about the points above please see the following article

https://medium.com/@CryptoSeq/quant-network-enabling-mass-adoption-of-blockchain-at-a-rapid-pace-60a8f08e95b0

For an indepth look at Quant Network please see the following posts:

Part One — Blockchain Fundamentals

Part Two — The Layers Of Overledger

Part Three — TrustTag and the Tokenisation of data

Part Four — Features Overledger provides to MAPPs

Part Five — Creating the Standards for Interoperability

Part Six — The Team behind Overledger and Partners

Part Seven — The QNT Token

Part Eight — Enabling Enterprise Mass Adoption


Can anybody name another blockchain company that has achieved more in the last 2 months? (and still near the bottom on page 2 on CMC)

It’s been an incredible couple of months for Quant Network with lots of exciting news coming out, the company is growing fast, expanding to the US and taking on new clients at a rapid pace and enabling enterprise mass adoption of blockchain.

Leave a comment if there are any others that have achieved similar levels in the last 2 months

  • named Gartner Cool Vendor 2019 in Blockchain Technology
  • play integral part in Hyperledger Quilt reboot to enable universal interoperability for Hyperledger and CTO becomes Chair of Hyperledger Quilt
  • Adds connections to Stellar, EOS and Permissioned version of Ethereum to take the total connected blockchains to 10 - already connects R3's Corda, Hyperledger, JP Morgan's Quorum, Ripple, Ethereum (public), IOTA and Bitcoin
  • chosen as one of 20 leading scaleups for the UK Government backed Tech Nation's Cybersecurity Growth Programme
  • will soon be releasing details on how the team is able to move Digital assets across chains and QNT will be the Universal Utility token to enable this.
  • Sponsored Consensus with a large booth in prime location next to AWS, IBM, Digital Currency Group etc. Met and signed up lots of new clients whilst at the event.
  • Youtube Interview with Crypto Finder
  • Supporing the ADC Global Blockchain Summet sponsored by IBM and DATA 61 where teams built new multi chain apps powered by Overledger
  • Speaker at Tech UK and British Standards Institute Group where Gilber, BSI and Samsung were talking about why Standards matter in blockchain
  • ISO TC 307 which Gilbert founded has expanded to 54 countries working towards and the next meeting is held between 27 - 31st May in Dublin. Gilbert is attending and is the Head of Delegation for the UK
  • Expand to the US Market to meet client demand
  • Managing Director of Rockefeller Capital (manages $18.4 Billion in assets) joins the board of Quant Network, supporting the company's expansion to the US
  • Tech Women 100 Winner Cecilia Harvey joins Quant Network as Chief Operating Officer from her previous role as Director at HSBC Global Banking and Markets
  • Top 100 Global Market Leader joins the team as Marketing Director
  • Release of the Enterprise Quant Treasury - There own payment processor where clients can pay for licenses in FIAT and the team automatically convert them into QNT which get taken out of circulation.
  • Partner with Data 61 to participate in Cross-Border trials with the Global Financial Innovation Network (GFIN) - involved bodies such as the Financial Conduct Authority (FSA), Australian Securities & Investments Commision (ASIC), Monetary Authroity of Signapore, Hong Kong Monetory Authority, Central Bank of Bahrain and many more all participated with in the trials.
  • Released Quant Atlas their solution to enable interoperable banking through cross border Open Banking
  • Nearly 100K QNT were unlocked for bounties from the ICO in April and all QNT is now in circulating supply. With a total supply of 14.6 Million QNT there is no inflation, no new QNT minted, no further token unlocks / bounties. From now on it’s just clients purchasing licenses and taking QNT out of circulating supply. The team also released an updated version of their draft Utility paper which can be found here

For more details about the points above please see the following article

https://medium.com/@CryptoSeq/quant-network-enabling-mass-adoption-of-blockchain-at-a-rapid-pace-60a8f08e95b0

For an indepth look at Quant Network please see the following posts:

Part One — Blockchain Fundamentals

Part Two — The Layers Of Overledger

Part Three — TrustTag and the Tokenisation of data

Part Four — Features Overledger provides to MAPPs

Part Five — Creating the Standards for Interoperability

Part Six — The Team behind Overledger and Partners

Part Seven — The QNT Token

Part Eight — Enabling Enterprise Mass Adoption


[Daily Discussion] Friday, May 24, 2019

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact:


CEX.IO - A leading crypto currency exchange

Are you interested in crypto currency and need an easy and legitimate way of buying or selling these?

CEX.IO is a leading crypto currency exchange. Need an exchange, go for CEX.IO!

A little about CEX.IO:

Established in 2013 as the first cloud mining provider, CEX.IO has become a multi-functional cryptocurrency exchange, trusted by over a million users. The company supplies both a trading platform and brokerage services for Bitcoin, Ethereum and a range of other cryptocurrencies.

CEX.IO offers cross-platform trading via website, mobile app, WebSocket and REST API, providing access to high liquidity orderbook for top currency pairs on the market. Instant Bitcoin buying and selling is available via simplified bundle interface.

The exchange has developed a multi-level account system with individual approach to each customer, from Bitcoin beginners to institutional traders. Worldwide coverage, multiple payment options, and 24/7 support are accompanied by time-proven platform stability that guarantees safety of assets and data.

CEX.IO is a registered company and/or money transmitter in all districts in which it operates. In the USA, it is registered with FinCEN, and registered with ICO in the UK and EU.

How do I get verified?

https://support.cex.io/hc/en-us/articles/215994438-Payment-Card-Verification-Guide

Social media:

Facebook

YouTube

Steam

Twitter



[Daily Discussion] Friday, May 24, 2019

Thread topics include, but are not limited to:

  • General discussion related to the day's events
  • Technical analysis, trading ideas & strategies
  • Quick questions that do not warrant a separate post

Thread guidelines:

  • Be excellent to each other.
  • Do not make posts outside of the daily thread for the topics mentioned above.

Other ways to interact: