My First Million One Question Friday: Someone Stole My NFTs
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May 6, 2022 A listener grapples with the emotional fallout of having their NFTs stolen. The hosts discuss navigating the ups and downs of cryptocurrency, emphasizing resilience in the face of scams. They share personal stories, including a robbery in Barcelona, highlighting how to manage emotional responses to adversity. The '90 seconds of suffering' technique is introduced, encouraging a brief acknowledgment of pain to foster growth and gratitude. It's all about turning challenges into opportunities and maintaining a positive mindset.
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Collin's Stolen NFTs
- Collin explains how all his NFTs were stolen.
- He asks Shaan Puri and Ben Levy for advice on dealing with this defeat.
Responding to Setbacks
- Shaan advises to first be still and distance yourself emotionally.
- Then, decide how to respond, not react, and choose a positive story.
Crypto Losses
- Ben Levy advises to accept losses as the price of admission in crypto.
- Learn from mistakes and view volatility as part of the game.