[00:00:06] Viktoriia Miracle: Hello. Hello and welcome back to happy time happy money podcast and I'm your host Viktoriia Miracle today with you with Mitch Jaworski. Mitch has been in investing for well over a decade first by trading stocks and then investing in real estate. And in the recent years his main focus has been crypto and helping others understand how to invest it prudently. Hi, and welcome Mitch.

[00:00:38] Mitchell Jaworski: Hi Viktoriia.

[00:00:39] Viktoriia Miracle: So good to connect with you and chat with you. I know we have like a fun chat before, and I know a little bit of your story, and I know you have an amazing story to share. And before we dive into the business, blockchain and cryptos and all of the fun stuff, I would love to hear where you're coming from, how you got into it, and what inspired you to keep going?

[00:01:03] Mitchell Jaworski: Yeah. I mean, I'll be honest. I caught the investing bug when I was about 18 years old. I was fresh out of high school and I was renting a room from someone that, I had worked, I was working with and they gave me a book for Christmas called rolling stocks. And all it was was about how to trade stocks that were basically like trending sideways.

[00:01:23] And basically it just, you know, buy, sell back and forth. And that little thing is what kinda got me started down the investment path. I fell in love with the stock market. And that's really how I ended up in this space. You know, I dreamed of working on wall street, unfortunately, I wasn't going to an Ivy league school, so that probably wasn't reality.

[00:01:41] But yeah, so that's, um, the beginning of it, I ended up working, you know, as a stockbroker briefly, for a year or two, that ended when. I was in a really big building that had a plane fly into it, and I'm just going to leave it at that. So, I moved on, into corporate finance, but I always had this passion for investing in stocks.

[00:02:02] So I was kind of like trading on the side, messing with options while I worked at quote unquote, you know, nine to five day job, and then, You know, I kept evolving and then, you know, real estate, came across, you know, my, my plate and I got excited cause I was like, wait, I can get passive income. I'm tired of like grinding and trading all the time.

[00:02:20] Like I want something that's not a job. So I started in real estate, in 2014 and, started building passive income through that. And then you know, I was still looking at stocks and everything. And then in 2014, I think I heard about Bitcoin for the first time. Looked into buying it. There really wasn't an easy way to buy it.

[00:02:41] I looked at like this period, right? I looked at this peer to peer exchange where like, literally it was like meet someone at like a coffee shop and like give them your wallet address and like hand them money. And I was like, this is shady as hell. I'm not doing this. So I let fear get the best of me, which I guess caters to my, my brand scaredy cat guide.

[00:03:00] And I didn't do anything. And then in 2016, I came across an article that. It was on Yahoo finance, which is funny cause I haven't been on Yahoo finance in probably like three years, but there was this article and it talked about this, this like, crypto in this blockchain that was, revolved around essentially like a social media site, like a book, like a blogging.

[00:03:20] So I was like, well, hell, I mean, I blog already. Like I had like my own little personal blog, so I jumped on it and I got involved in that. And that's when I really started going down the crypto rabbit hole and it was cool. Cause I was earning crypto without even having to spend money just from writing blog posts on that website.

[00:03:37] And then from there I just went further down, you know, and I had bought Bitcoin in August of 2016 my only regret is I didn't buy more. And then I just kept going further and further into investing in crypto. And I'm at the point now where, you know, after being a stock market guy for, you know, a decade plus I don't even look at the stock market anymore.

[00:03:58] Like I literally just don't even look at it anymore. It's all crypto. My real estate investing, you know, has become second fiddle as well. It's literally all crypto all the time. And, You know, I've been able to build a sizeable portfolio through just active investing, a little bit of trading, and also continuing blog posting on these social media sites that are, you know, attached to blockchains where, you know, you earn just by participating.

[00:04:23] So, It's been an interesting little ride. It feels like it's been, you know, months, but it's been years. And here we are, you know, five years, little over five years later and life is good. Crypto is good. And now, I guess I have acquired enough knowledge where I teach others how to do it because you know, everyone wants to know what the heck crypto is and what the heck Bitcoin is now.

[00:04:44] Viktoriia Miracle: Exactly, and it says just so perfect, but let's go right straight into it. What, for those who hasn't been in the blockchain in this chair, crypto, we touched on this podcast a little bit there and they're in here, but it's more traditional investment. And I would love to just like do a very starter introduction to, and I know you will, you're the best person to explain that. What is the blockchain? What is the crypto?

[00:05:11] Mitchell Jaworski: I mean, and that's the biggest thing, you know? It's something like you need to understand blockchain to do crypto, but it's always nice to at least have a fundamental idea of, you know, how things are working and what people don't realize is, you know, blockchains are used in more than just crypto.

[00:05:23] I mean, IBM uses blockchains, you know, internally for, you know, logistics, tracking, things like that. I think the biggest difference when it comes to crypto is the decentralized nature of it. So the short version of a blockchain is like, literally just picture this. It's just a series of blocks that are linked together and each block is basically labeled with what they call a hash. And that has to just a random, you know, a set of numbers and letters, but that labels that block. That hash in that block gets pushed forward to the next block. So the next block that process is, has its own hash and it'll have the previous hash in it.

[00:05:59] And that's essentially how the blockchain links itself. Now, these blocks are what's important because all the transactions that happen as they get processed while that's what happens, they're processed in a block. So if you do a transaction on let's just say, Bitcoin, you know, you wait for X number of confirmation.

[00:06:17] And as those confirmations happen and then a block's produced, your transaction essentially is produced. And now on the ledger and is there, you know, for eternity and that's the biggest takeaway is a blockchain, especially when it comes to crypto is an open ledger it's open source and it is full and complete.

[00:06:35] So whatever happened on, let's say Bitcoin from day one that data is still present. That data can still be find-able by someone you can search, you know, block Explorer, and any current block links all the way back to that, you know, especially for it to be, and, you know, obviously a valid block. The beauty of crypto is it takes that blockchain and it decentralizes it, which basically just means there's no central point of authority. So the easiest way to picture this is, think about Google. We all go on Google, no matter where we are in the world, we search something. We get an answer in a fraction of a second. The reason that's possible is because Google has servers all over the world, except for Google controls, all those servers. Google is the central authority. Google's also the central point of failure. The central point of control with a decentralized blockchain. There is no Google. The blockchain is being run and produced by everyone by me, by Viktoriia, by whoever wants to run what they call a node and essentially processed the blockchain.

[00:07:36] There's different types of blockchains. That's a whole nother store. We're not going to get into. But when it comes to Bitcoin, essentially it's miners producing blocks. And anyone that wants to be a miner can try and be a miner. You just buy the gear that you need and make a run at it doesn't mean that you're going to definitely win blocks and earn Bitcoin, but you're going to be one of more than 10,000 people running a Bitcoin node, which you can look up on.

[00:08:01] I think it's bitnodes.io. You can see how many nodes are running at a time. So instead of Google having servers all over the world. We are the servers, every single person that's running a node. And because of that, there is no central point of failure. If my computer crashes and my node goes down, it's not stopping the blockchain.

[00:08:20] And if I decide that I want to change something about the blockchain well, guess what? I have no power or authority to do that. And that's the beautiful part of decentralization is that it solves the problem of what they call a trustless environment where basically you don't need that middleman to essentially validate that each party is doing what they're supposed to do.

[00:08:44] And that was always the biggest problem, I guess, in regards to having anything that was decentralized, it's like, well, how do people trust each other. And the blockchain solves that problem in many ways. And a lot of that has to do with defined smart contracts, but that is a whole another topic that would take its own podcast.

[00:09:01] Viktoriia Miracle: Yeah, absolutely. I just looked it up for interest it's 14,738 nodes.

[00:09:08] Mitchell Jaworski: There you go. And it, and it keeps growing because, I wrote a book. Well I wrote a book couple, a couple years ago on Bitcoin I've I actually recently expanded it. but when I wrote it a couple of years ago, it was just over 10,000.

[00:09:21] And that's why I always just say 10,000, but I know that's crazy. It's up to 14 and change. Now it goes to show you, wow. Just power the network keeps growing.

[00:09:30] Viktoriia Miracle: It's powerful. Yeah, it is in the United States. I can send you broke. It's like the most, and of course, China it's closed it up now. So I guess there were an imagine how many of nodes went down so interesting. It probably was more numbers of the nodes that is currently now after China.

[00:09:47] Yeah. So with your said, you know about that, what's the trust and how did we prove that the person has this amount of money that they're saying when they're selling, sending them. So that's what, you know, removing a kind of a banks, but people say, okay, it's not gonna, it's never gonna happen.

[00:10:06] It will not happen in the way that there will be no banks, but they will adapt and make it faster and easier because right now let's say why I just want to like, add onto it. Why is it so important? Because banks, you know, you're, don't have a control over your money. Let's say on Bitcoin, if I have million dollar and I want to send it to Mitch, I'll send it and it'll be there in 12 minutes.

[00:10:31] I'm probably 12, 30 minutes

[00:10:32] I'll be in

[00:10:33] Mitchell Jaworski: my wallet address ASAP.

[00:10:34] Viktoriia Miracle: Exactly. Give it to me and if you want to send it through banks and Bank of America, million dollar to Mitch, their first, they might ask, where did you get the money from? Why you're sending, oh, well maybe it'll take another week. We need to clarify things out and that's a huge amount. We need to send it to the IRS and I'm like, You know, so that's the beauty of a blockchain and then cryptocurrency, right? Because Bitcoin is a cryptocurrency and there is so many cryptocurrencies. It's not just one Bitcoin. So that again, a good, thank you so much for this amazing like breakdown of explanation on how that works.

[00:11:13] I think it's, yeah, that's all we need to understand.

[00:11:16] Mitchell Jaworski: Yeah. You just, you know, I always say demystify crypto. So I always tell people I'm like, we're going to demystify crypto because once people actually understand it and the light bulb goes off, they're just like, oh, Well, that's not that complicated, like, so I think, you know, people fear what they don't know.

[00:11:32] So, you know, the more we can educate people on, you know, the basics of it and you know, how it functions. I think the more widespread it becomes and the more comfortable people become with it. And I think the biggest takeaway what people have to realize and what may scare people is, well, you just talked about with the banks and how, like, you know, we don't have full control of our money.

[00:11:51] And we don't. So when it comes to crypto, the difference is yes, you get full control of your money, but that's also the problem. Like that scares people, because if you make a mistake, there's no FDAC insured. There's no like the government's not coming to save you like you're in full control of your money. So like anything in life, there's pros and cons to everything.

[00:12:11] I personally like having full control of my money because I like to think I'm financially prudent. That doesn't mean I haven't made mistakes. I've kissed some money to the crypto gods and like off to the God. Thank you very much. It happens, you make mistakes, but at the same time, there is no one telling me what I can and cannot do with my money.

[00:12:29] And I'm also not restricted in that like Viktoriia's example. I mean, I don't want to wait five days to, to move money. Like, um, if I'm moving money is because this is something that I'm trying to jump on and I'm going to miss that window. If I'm waiting for the bank to approve me. So pros and cons to everything, just know what you're getting into.

[00:12:47] And when you, you know, have crypto often extreme. You know, if you have a quick crypto on Coinbase or crypto.com or anything like that, you technically really aren't in full control of your crypto, not your keys, not your coins, as they always say. But just know that crypto gives you the power to have control of your own money.

[00:13:06] To quote, I guess, Spiderman with a great power comes great responsibility. So be responsible with your money once you have control of it.

[00:13:16] Viktoriia Miracle: And let's speak about the mistakes that people are making when, what, not the mistakes, but like what's the pros of that. As well, like you're set first, like the very, very first thing that came to my mind and still losing your keys when, you know, it's your own wallet and how many I know there's a 20% of Bitcoins or 30% of Bitcoins are actually lost probably never going to be found.

[00:13:39] Mitchell Jaworski: Yeah. It's a big trunk and there's that story? You know, and we'll talk about this obviously later, but you know, I do, I do a weekly call where I go over basics for people. And one of the biggest things I teach them and like, this is what a crypto wallet is. This is what, this is the different keys.

[00:13:54] And more importantly, this is what a seed phrases or AKA secret phrase. And when you create your wallet, this is the most important thing. Period. Because with this, you won't be like that guy in London who was trying to dig up a landfill because he had a hike, a hundred million of Bitcoin and some old computer that he couldn't access.

[00:14:15] So I always say I'm like, don't be a news story. If that guy remembered what type of wallet he had that on and had his seed phrase, all he has to do is go download that same type of wallet. Import by using a seed phrase. And then it literally pulls your information off the blockchain because as I always say, the blockchain is the opposite of Vegas.

[00:14:37] What happens on the blockchain stays on the blockchain. And that's really, I got to remember.

[00:14:42] Viktoriia Miracle: So I love that. Yeah. It's like, imagine if bank of America, not that a Bank of America is going bankrupt, but let's say Bank of America is going bankrupt and then but it's like a, if it's will be in a blockchain, then you can still have a seat phrase like your access your account number.

[00:15:00] And imagine you can log into a different bank and get your money out of it. That's basically a blockchain. Imagine if the old banks work together right.

[00:15:07] Mitchell Jaworski: That's a really cool way to describe it. I like that. I'm going to probably use that going to use moving forward.

[00:15:14] Viktoriia Miracle: go for it, to use it.

[00:15:15] It just came to me and I think that's, that's what we need to understand is that the account number, like if you don't know your account number, you cannot login to your bank. I mean, with the bank, you can give them the number of social security, but just remember if you don't have your, if you don't remember your social security. Like you know, that's, that's what is to phrase it's just so important. It's so important that you like got to really treat well, and I recommend three different places like you, you can just put on one thing and then the house, my bird. So, yeah, definitely make sure it's in a different spot.

[00:15:49] Mitchell Jaworski: Yeah, it's no, and that's a valid point. So like me personally, like I literally physically print out a copy that is in my safe, and then I have a copy on like an external hard drive. I have, that's got like, you know, important stuff.

[00:16:00] And then. You can do whatever. I mean, people do all sorts of different things, you know, make pictures of it, whatever, but either way you just want to make sure you keep it secure. You don't share with people because if you share that with someone, then they essentially can hijack your crypto so that would be bad.

[00:16:13] And you know, you talked about like, kind of like the bank and the online thing and I think what's crazy is it's not that much different than interacting with your online banking. It's like you have an account, you have a password, you wouldn't share your password to online banking with someone don't share your private key with someone and your seed phrase, like you said, that's kind of like your social security number.

[00:16:33] So if you lose your bank account number and you go to the bank, you show them your license and giving your social security, they can look it up for you. So your seed phrase is kind of like the equivalent of that. So I like this. This is cool.

[00:16:44] Viktoriia Miracle: It's easy to explain. Right? It comes together kind of in a good picture. I really liked that too. So what other, you know, things. What the top three advices. Let's go, let's go. Yeah. Let's stop on the mistakes because you're obviously a wiggle share much, have a zoom call that he can go. And I think he explains that all over there and you know, you can also look it up online, but like what advice you will give to those people that are starting and say, what mistakes have you done that you can, you know, advice on not doing it anymore?

[00:17:12] Mitchell Jaworski: Yeah. Mistakes, I've done mistakes. My friends that I've gotten to the crypto I've done and the biggest thing is, you know, especially when we're in a rush and we're trying to move things around. You need to, well, here, here's a rule for anyone new in crypto, any time you are sending crypto to another wallet or to your own wallet off exchange or whatever it is, if you have you do it for the first time, anytime you send something for the first time, do a test transaction, meaning use a small amount, like almost like whatever the minimum send is, send that.

[00:17:48] See that it works and then send all your money, right. And then going forward, you never have to do a test transaction again, because it's like, all right, I understand this wallet or I know that I sent, you know, I didn't send Bitcoin to an Ethereum wallet or something like that because that's something that I think really catches people is that they don't understand that there's certain wallets that only function for certain blockchains.

[00:18:09] And the good part is crypto is evolving so fast that I don't even think that's going to be a thing a couple of years from now, because you already have several blockchains like Thor chain and so many others that are becoming interoperable, where you can have native Bitcoin directly on their chain.

[00:18:23] So as that becomes more present, I think we're going to have wallets where you can have everything. Don't get me wrong. This walls that are multifunctional now, but there's a lot that are just specific to certain crypto, certain blockchain. So, yeah.

[00:18:36] Viktoriia Miracle: And that's actually, that's actually a one company that I'm kind of affiliated with Zeneca.

[00:18:42] They're building a blockchain. They're saying that, I mean that they have a technology that you can send, you know, all the different networks to the blockchain it's decentralized and that's combined as decentralized Binance, which is super cool. So technologies are yeah right now, it's a problem.

[00:18:59] If it's works on a different network, I've sent money on the wrong network and I lost money and I know it costs me $171 so

[00:19:10] Mitchell Jaworski: that's actually pretty

[00:19:11] Viktoriia Miracle: Its really good. It is. It's a good, it's a good lesson.

[00:19:14] Mitchell Jaworski: I, I sent a, as I call it, like I sent money to the crypto gods way back in 2017. And it was at the time, it was only $300 worth of E I don't want to think about how much it's worth now.

[00:19:26] I don't like I don't even try and do the math. I don't try and remember how much eth it actually was. I just remember it was like about $300 USD. So I'm, I, I'm never going to go back and figure it out cause I don't want to know what that's worth right now, but it happens. And listen, I have a friend that, you know, unfortunately more than that. It was like, what is he saying? It was like, I think it was close to two grand and you know what he did, he, he was moving around things so fast and he had copied the token address for something. I don't know if it was a theory or whatever it was and he accidentally put the token address into the send field instead of the Wallace.

[00:20:05] Cause he was actually sending me crypto and he ended up sending it basically into the ether. Kiss goodbye to the crypto gods like you don't. Yeah. Don't send anything to a tokens, an actual token address. That's that's not good.

[00:20:18] Viktoriia Miracle: Yes. Yes, we don't. We don't, that's another, but there's another advice that it's here.

[00:20:22] Don't really make sure when you're working with money, it's, it's not just crypto, but it's when your working with money that you're putting the right account numbers and you know, you're putting the right names and right swiftcodes and that's exactly the same with a crypto. You gotta make sure, you know, the bank have the Swifts thing.

[00:20:41] So it's like the same, it's a network, right. You got to choose the right network. You've got to put the right correct address amount and yeah, and the fee and make sure that you agree and you send it. There is no other agree that the bank and say, oh, we don't agree. So you agree, then you agree with it and that's it.

[00:20:59] And I think that's the beauty of crypto and just having power back to a human being because we are earning them. But then we'll like, oh, thank, of course you got it. You choose what I do with my money. It's like

[00:21:12] Mitchell Jaworski: pretty much. It goes back to whole, you know, just, you've got to take a little more responsibility, which means you've got to be a little more prude.

[00:21:19] And so, you know, as you were talking about which checking your account, like anytime you're sending or receiving, you know, double-check that wild address, make sure you're sending it to where you think you're sending it or, you know, giving out the correct wallet address whoever's sending you crypto and that's the safest way not to essentially kind of see crypto go byebye.

[00:21:36] Viktoriia Miracle: Yeah. So what do you see? Because you're running those zoom calls and like, what do you see? People are, like what's happening, right? What is the first fear that people have and like, how can you support it? Get overcome that.

[00:21:52] Mitchell Jaworski: So it's funny because the fear is pretty much a trend that remains the same in terms of like the topics they want to talk about. That trend obviously goes with whatever's hot because now it's all about

[00:22:06] exactly. Say you knew. I'm not going to lie. I shorted. And again, like I said, I was a day trader for years. I shorted Shiva, you know, just out of spite, although on the chart, it made sense. I made about a 250% return. I posted it all over Tik TOK just to literally almost clown on people. Cause I got so tired of everyone in my ear about like anyone I've ever met in my life would text me about how do I buy like own no crypto and they'd call me.

[00:22:34] I'd be like, how do I buy this Shiva? You know? I'm like, you don't stop it. It's too late. You already missed the train. So but yeah, and that's the thing too. I think, you know, people should pay mine to getting, getting FOMO, right. Everyone fear missing out and they FOMO into stuff and the thing is by the time something has gotten really popular, you've missed all the real big games.

[00:22:55] And that doesn't mean you still can't make money. It just means like the dude that basically, you know, thousand X, his investment, you're not going to be that person like that already happens. If you double your investment, then you crushed it pretty much at that point. So, you know, just pay mind to that when something's run so fast so far. You know, and especially with the market cap of it is too, because it's like.

[00:23:16] Viktoriia Miracle: Well, right now it's like a fourth,

[00:23:20] Mitchell Jaworski: I think it's at 11 or 12, but my whole point to that was that marketing. All these people hyping that coin, right? Oh, it's going to go to a dollar I'm like you do realize if it goes to a dollar, it's going to have like three times the mass market cap of Bitcoin so, yeah, anything can happen in our society these days is what I've learned is stuff is crazy, but I'm going to go with betting on that. If not going to be worth three times the size of Bitcoin, I'm just pretty confident in that bet. So I think I'll just short it instead and make some money on a trade.

[00:23:48] But anyway, I digress. We're not going to hate on, but, you know, meme coins have their place. But yeah, the biggest thing I get and, and, and the way all this started and like I, so I wrote a book called Scaredy Cat Guy to Knowing What the Heck Bitcoin is and the reason it got that title was because I was going to my real estate meetups.

[00:24:07] Because again, like I said, I was a real, I'm a real estate investor. I go to a lot of networking meetups for real estate. And especially in 2018, you know, when we were like the top of the bubble, I would go to these real estate meetups and half the conversation would end up about crypto and over and over the same thing I would hear is it looks cool, but I don't understand what the heck it is.

[00:24:28] So I just kept hearing that over again. Like I don't, I don't understand what the heck it is. Like what the heck is Bitcoin? So I'm like, all right, I'm going to literally turn that into a book. So, you know, I think really is just peep will going from kind of like, we just talked about a few minutes ago and then with that baseline, they now feel comfortable, right. Because when they're not comfortable, the biggest fear is. Basically am I going to get hacked? Is my Bitcoin gonna get stolen? Am I going to, you know, is the government going to take it away? And it's like funny too. Cause to us, you know, that have some crypto knowledge, we hear that. And it's like, You almost want to laugh. Right? 'cause he like, all right. You'll realize how ridiculous your questions sound once you kind of learn it a little bit. And that's really what it is. It's just the leaving that fear of them basically doing something done where they lose their money or getting, you know, hacked or cause people, people think that like crypto can get hacked.

[00:25:24] And I was like, no, Listen.

[00:25:27] Viktoriia Miracle: Your wallet can get hacked if you go to a fishing site. And I know about it on my Russian Instagram, but I'll make English a concept for that is this there's so much phishing going on. So you got to be really careful and looking to where, what links you're clicking, but that's not only with crypto it's with everything else too.

[00:25:47] If America, whatever online banking people make such a big deal because right there is a fear of unknown and okay. It's oh, that can get scammed. I'm not going to get into it, but you can get scammed in the bank. You can scammed to anything. So it's just really paying attention. And that's the most common, I think, mistake that I see people making it's two clicking link that is like one letter different and giving their password and log in and yeah, and those people just logging in password and catching the out their accounts. So that's it.

[00:26:16] Super simple.

[00:26:17] Mitchell Jaworski: Oh yeah. I perfectly know someone that basically got phished on their metal mask and got them.

[00:26:22] Viktoriia Miracle: Yeah. It was like five, just a few weeks ago. A couple of weeks ago Meta Mask lost half a million.

[00:26:27] But it's nothing compared to dealings that are there. It's like, it's, they close it up really quickly, right. They figured it out in that. I mean, people are a little now, but probably here saying, oh my God, I'm not going to go into it. But what happened is that google trends, right? Hackers created a website that they are linked on Google first, better than the Meta Mask itself for like hours for few hours or something.

[00:26:53] I believe I don't remember exact numbers and people logged it into that one, thinking it's the first on Google thought, it's real, didn't pay attention to a link, give their address, like the login and password. So people logged in, you know, and put this in phrase and the sweater. That is what happened. It's also stupidity of people like you've got a pay attention.

[00:27:14] Mitchell Jaworski: Yeah, and the two big takeaways, like you said, like, so pay attention. It's like number one, make sure you're on the correct site. Like you want to make sure you're on the official site. Like if you're going to like, so metal mask is a, is basically a web plugin wallet, you know, it's called a soft wallet.

[00:27:26] And if you're going to download a Meta Mask, make sure you're on the official metal mask website cause that's how my friend's brother based for at court. He clicked the link that was not the official meadow mask. So we downloaded that. And then like, as he was adding to that and getting into defy projects and everything.

[00:27:41] It's like, I guess he hit a certain threshold where they felt like, all right, it's time to clear him out. You know, there's some money in here now. Um, and then the second is, as Viktoriia mentioned, the seed phrase, no one's ever going to ask you for your seed phrase. If you go onto a site and it asks you for your seed phrase, you know, that you need to get out of Dodge because that's a scam.

[00:28:02] The only time you ever use your seed phrase is if you download a wallet that you've previously used to import your crypto again. So if you have a wallet and whatever, you lose access to it, for whatever reason or the other, and you go on a new computer and you download that wallet, instead of basically creating a new wallet, you're going to basically import your existing wallet by using your seed phrase.

[00:28:26] That is the only time you ever use your seed phrase. If anyone asks you for it outside of that. It's a scam.

[00:28:33] Viktoriia Miracle: It is. I almost, I was on the Meta Mask like this website they asked her password and then see, first I was like, no, no, that's the wrong website. You know? It's like, you just gotta be careful around that

[00:28:46] Mitchell Jaworski: Log in with your password. If you don't need your seed phrase to log in, you just need your password.

[00:28:52] Viktoriia Miracle: Yeah. Once, but things got, I catch myself and I almost, the funny thing is I went to look for my seat first. And then the moment I was like, what am I looking for? seat price and then it came back. I was like, no, this is another website.

[00:29:08] You see it even like, you know, you, you know, you still need to catch herself on that because when you do thinks it's so automatic that you just like going for it, but whatever. You know, the desktop tells you to do.

[00:29:22] Mitchell Jaworski: Well, and I also say too, like, you know, I, you know, patience, isn't exactly, my strong point.

[00:29:27] And sometimes I'll just button mash, I call it. And if you're kind of just like clicking through, like to get like where you want to go, sometimes you miss little things, you know, and you see that. You know, even with crypto transactions in terms of like, you know, what they call it gas fee and, you know, you might get a bad gas fee and you're just hitting approve, approve, approve, approve.

[00:29:43] And all of a sudden you spent like half a BNB on a transaction. You're like, wait, what just happened? So you got to pay attention to what you're doing. And I think that's the biggest thing. And honestly, like some people don't want that responsibility. You know, there's a saying that's ignorance is bliss.

[00:29:58] It may be and if that's what makes you happy, then live that live that way. But if you're someone that, you know, essentially wants to be a little more in control, you know, it's like the equivalent to the, a matrix, which pill do you want to take? The red or the blue, make your decision and then move forward.

[00:30:12] You know, either one good for you like you got to live your life. I'm not here to judge anybody, make your choice. You know, and that's prudent.

[00:30:22] Viktoriia Miracle: And if you take the field that we want to go with it, I know that mentioned, you know, have an amazing class that will lead you into that. So yeah, you can share about that.

[00:30:36] Go for it. We get to wrap up that.

[00:30:39] Mitchell Jaworski: Yeah, no, I appreciate the segue. So yeah. Honestly, I like teaching people and I just want more people to get involved in crypto. So I do a free 30 minute zoom call on Tuesday evenings, 6:30 Eastern time where I basically just teach people the basics of what a blockchain is, what a wallet is, what your keys are and what a seed phrase is.

[00:30:56] So you basically are equipped to, you know, interact with crypto without quote unquote, doing something dumb. And then, you know, from that, obviously, you know, I have other products, I have a mastermind, I run, but a lot of those are paid for type products. So, but if you want to get started, jump on the free call, you'll get the basics.

[00:31:14] You need to start investing in crypto and, you know, demystify it. So you're no longer scared of it.

[00:31:19] Viktoriia Miracle: Yeah. So start, start somewhere. Thank you so much for coming over Mitch. And thank you for everybody. That's listening to this interview and if you would like to, you know, there's actually video version of it too on YouTube.

[00:31:33] If you go and subscribe and give a like the comment that will be also very supportive. I think I need to start saying that at the start. So if people actually want to watch it, they can watch it instead of listening to.

[00:31:43] Mitchell Jaworski: This is true, but they'll know for the next one and you want them to keep watching so.

[00:31:47] Viktoriia Miracle: Exactly. So thank you very much and if you just scroll down, there's going to be a link for the episode page, where you will see the whole links that we mentioned above and a biography and some other links and the video on this interview. Thank you very much and I will see you next week. Bye.