Pesabase

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- In today's lesson, we shall learn why and how supply is a factor to consider when choosing which tokens to invest in.
- But before that let's learn some terms;

1. Supply: Tokens in circulation at the moment.
2. Total Supply: Total tokens that will exist.
3. Market Cap: Total value in $ of tokens in circulation.
4. Fully Diluted Value (FDV): Total value in $ of total supply.

- The most important thing to note is the volume of the supply Vs the total supply, and here's why; The theory of supply and demand states that the more of something there is, the less its value. So at all times you should be comparing the two to see, if the token you're about to invest in will gain or loose value.
- Let's break this further, the increase in a token's supply over time is called emissions and the speed of emissions is important. Emissions mostly come from token unlocks given to early investors, the team, treasury and other pots, staking rewards, airdrops and user rewards for using the dapp.
- If the token hits max supply over the next three months the supply increase will be so fast that demand is unlikely to increase with it and the token will lose value. However, if the missions are slow and max supply won't be hit for ten years, then it also means the supply increase won't have a significant impact on price over the short term. So, you should check out for a nice steady increase over a few years instead of huge spikes or steep increases.
- To check out all of this information for the token you can click this link pesatoken.io to access our whitepaper.

Take advantage of this bear market and have yourself a lifetime of gratitude because you did!

Ever wondered why people don't grow rich, 90% of their reasons fall along this lines;
1. They are lazy. They don't want to look up for knowledge that will act as a stepping stone to the next level.
2. They don't act after they hear. They don't act upon the knowledge they find.
3. They have bad company around them, which discourage them from moving forward.
4. They worry what people will think, if they take a different road from what people are used to taking.
5. They don't take risks especially risks surrounding investments.

If you have to be financial independent or rich, you have to overcome all of the 5 obstacles.
But before we leave, let's leave you with the definition for financial independence:

What is financial independence.
- This is being able to generate passive income, enough to cater for all your bills, without having to work. You actually get to decide if you'll work or not without negative financial consequences.

5 Financial rules you should never break!
1. Never borrow to invest.
2. The best time to invest is now.
3. Never let your emotions play a role.
4. Stop trying to get rich quick.
5. Keep track of your balance sheet
- And remember to always do your research before investing in anything.