Thriving Maestro's Paradise

Rule #1: You must know the difference between an asset and a liability.  Then buy or create assets.    If you want to be rich, this is all you need to know.   This is rule #1, it is the only rule.    This may sound absurdly simple, but most people have no idea how profound this rule is.    Most people struggle financially because they do not know the difference between an asset and a liability.   An asset puts money IN your pocket. A liability takes money OUT of your pocket. Here’s a question for you…   Is the home in which you live an asset or a liability?   In my view, your house is a liability. Even if you own the property with no mortgage, you still pay property taxes, utilities, insurance, maintenance, etc. Therefore: money is being taken out of your pocket. Once you understand this simple rule… all you have to do is follow it to gain wealth.   To your wealth building, Albert X Ariho

  Have you ever heard a story about a lottery winner who wins BIG… but then loses everything a few years later?   Or the sports star who’s popping champagne and kissing models at 21, but working at a carwash for minimum wage at 29?   Maybe you have that friend who thinks he’s a millionaire because his house, his luxury SUV, his fine wine collection, all add up to a million dollars.   Or the one that wants to become a millionaire, but she decided to get a loan, get an Ivy League degree, and then—maybe—get a “safe”, salaried job.   Financially ignorant people come in all shapes and sizes. But I won’t let you be one of them.   So, I want you to drill these three principles in your head:   #1. If it doesn’t put money in your pocket, it’s not an asset.  The house you live in, the car you use every day, they take money out of your pocket. So don’t call them assets. They are liabilities.   Assets put money in your pocket, and the only real assets are: real estate, businesses, and paper assets

Tinym an is upgrading to 2.0. Tinyman, by the way, is the Uniswap of the decentralized trading of Algorand. Now, Algorand is another interesting thing. Algorand was another good short, another good hedge because it jumped up like crazy to 45 cents because it was kind of the official FIFA NFT platform. I hadn't heard anybody buy anything from there. In my network at least. And it's also down. So this is down from the week when everything's up. And the reason why is because the World Cup has started and nobody cares about. You sell the news.  When it happens, like the World Cup happens, all these things that propped up these coins are going to sell off. And that is an opportunity to buy. When you have everybody selling off, there's no one left to sell, that is always good entry point. So Algorand is another good entry here. Poloniex has merged with Huobi. This made Huobi token shoot up. I'm not sure exactly if people are actually speculating on this, but it is up 46%

 Ribbon, by the way, is offering a staked Ethereum vault, so you can actually earn money on the staked ETH and on the vault, which is doing a cover called Strategies. They also announced a VIP program, so ribbon is just firing on all cylinders. They have another L1 chain coming out called AVO. I just love it when you see a project just continuously delivering stuff. I've used Ribbon, I think it's actually a great product. I have a small holding in Ribbon. I just bought some and then played with it, but it's up 21% today. And it was one of our, I believe it's one of our top five coins this month as well. But it's already up so much that I don't want to make this a spotlight coin of the week again either. It's just tough when it's up 56% over the last week. It did get hit hard from the FTX fallout. I don't want to hide that.  And then Aave, we talked about last week just having gone through a crazy attack. Someone was taking collateral, then making it

 Ethereum is up 10% and Bitcoin is up 4% for the week. So this is coming off of one of the worst possible weeks ever. Binance coin and LINK, were our spotlight coins and Binance coin did outperform quite a bit. Dogecoin is up - this retail FOMO with Twitter and stuff is probably driving it up. Litecoin's the same way. Chainlink's up 24%, more than double than Ethereum. So we did pick some good spotlight coins from last week, especially with the staking coming for Chainlink. ApeCoin announced staking last week as well. It's up 30%, which is really crazy. A lot of people are really buying into this narrative. So in terms of hedges, if you want to do some shorting, if the market gets too much on a uproar, Ape is one of them. And the other one I actually wanted to point out is Gemini dollar. If there is a collapse with Genesis (mentioned in the beginning) this could be impacted. If you short $1, you have almost zero risk. It's not going to go to $1.01 or $1.10 even. It'

 Injective (INJ) has a couple things coming up. Injective is a layer one now on Cosmos. It's actually able to connect with Ethereum, which is actually really cool. I don't know anybody using Injective, though, which is a problem. They have a thing called Project X coming out, which has both yield generation, which I think is outdated now, and launchpad fundraising and listings. You may remember we talked about Injective a long time ago. I think we rode this up almost 10X back in the day, but it's back down to $1.60. It was like $2.75 not too long ago, and it's at one $160 million total valuation. So actually, most of the supply is out there, so I'm not as worried about it in terms of inflation. But INJ is the first Custody staking token on Binance Custody. Since there is a huge gap now with FTX out of the picture I am extremely bullish for INJ. You have two catalysts. One is that people that want a stake on their Custody platform, they're going to diversify thei