I respectfully disagree with this focus. I could go with: "Be first to be lucky", or: "Be consistent to be successful". But just being first doesn't equate with true success.
The content of this post emphasizes the lucky investments (and I've heard that from multiple directions recently in crypto). And that's fine as long as there's fair reporting given to the failures. I've made some money with early investments, but I've lost as well because it's a shotgun approach; I don't know anyone who has always, consistently picked winning early investments every time, and I don't believe they exist. So I hope we hear encouragement for what makes real success... and discouragement for FOMO that isn't compatible with long-term, sustained profitability.
A couple of points on the "be first, be smarter, or cheat" idea:
This is the mindset of high-frequency trading; "Flash Boys" is a book highlighting a similar viewpoint. Sounds like you've been there! It is a valid business model, but it's either technically demanding or... risky.
Note that the speaker is lambasted later by Kevin Spacey: "You're selling something you know has no value," and "You will never sell anything to any of those people ever again." Not a rousing endorsement.
I do appreciate the encouragement to invest in more crypto projects! It's this whole industry that is valuable, and there's still a lot of investment potential and money to be made, including the projects you mention. So... I vote for less focus on being a "fool" for missing out and more focus on identifying the value and potential.
I didn't said to have a FOMO mentality or maybe I haven't explained it very well, I don't just put money in any project that is about to be hyped just out of FOMO.
I actually analyze the price of things, do my research on the project and evaluate the risks vs the reward. What I am saying that after the due diligence is done, after that people have to act quickly. If there is a project where everything checks out, and even the price is low, that is when people must act quickly. There is no room for hesitation.
There is no reason to hesitate, if the hesitation is because they don't trust the organizers, then they should do more digging, otherwise there is no reason to hesitate.
People only hesitate when there is a lack of information or uncertainty, after you have all the data to make a decision, then the decision should be made.
That is a great point. In a similar vein, I have many friends who feel like they need to understand every aspect before trying it out... analysis paralysis... when the best way to learn and invest in this new world is to jump in and play.