true, it's super risky and most folks do lose out. patience helps but damn it's hard to stick with it

Starting a business can create cash flow that allows larger investments in Bitcoin and leading altcoins. Consistently hitting singles and doubles, with the occasional home run, is a more realistic path.

Many people want to get rich quickly in crypto. That's understandable — some feel trapped in the 9-5 rat race. Growing wealth through investing is hard.

That's why many highly educated teachers remain poor: high IQ but low EQ. Take care. To be wealthy and content, developing high EQ is important; that means managing greed and fear while applying intelligence

EQ often matters more than IQ, which is why some highly educated people still die poor. EQ is more important than IQ in financial matters. Losers are more afraid of losing than of getting rich.

In other words, losers have low EQ and live in fear. The wealthy understand that both fear and greed are emotional responses everyone has, and they respect both.

That emotional difference is a key distinction between rich, poor and middle class. It's called EQ, emotional intelligence. Simply put, the poor and middle class stay poor because fear of loss outweighs

Although the account showed several million in gains, the friend only noticed the few hundred thousand in losses. The friend couldn't see the millions gained, only the thousands lost.

Why losers lose: A person showed a friend their Coinbase app, noting it had been poor a few years ago. Now the app displayed millions in Bitcoin, and there was an expectation Bitcoin could double this

Should Robert (legend) move his millions in Bitcoin into self-custody?

No hype surrounded $XRP when it got trendy. Backing happened at $0.40-$0.50 when it was called a shit coin headed to $0. Staying focused and maintaining conviction mattered

How is crypto investing approached?

Top 1% of crypto investors typically: Follow a Bitcoin-first strategy Allocate heavy positions to 2–3 altcoins Select low-cap coins with care Avoid going all-in on memecoins Take profits and redeploy into

Totally agree on the emergency fund and insurance—super important to cover the basics. Health and skills are key too, and giving back feels right. Solid additions!

trade altcoins buy and hold bitcoin grow businesses own real estate own stocks travel and focus on experiences don’t buy materialistic things avoid negative people focus on what matters most what else

2021 memecoins launched with tokenomics, teams and roadmaps Early pumps give devs instant liquidity at launch No long-term incentive exists to grow a coin The current model needs to change

Money is freedom, but it shouldn't be the main motivator. Dedication to a craft should come from passion for it and an obsession with winning the next challenge

Saving money keeps people broke Building businesses, investing, and pursuing passions enthusiastically Usually leads to higher income and more happiness

The intense drive that comes from lacking something is powerful Embrace it When one's back is against the wall, a way to succeed often appears

The basics are worth remembering A good rule is to buy when fear is high and sell when greed is high