Interesting advice from two very wealthy individuals, Mark Cuban and Warren Buffet, that I recently came across in online post. It resonated with me and I thought it worth sharing with the Steemit community . Both of them say there is no "get rich quick scheme, there are no shortcuts." They also point out that anyone selling anything with the get rich quickly claim is a scam. In the article, Mark Cuban confesses that he keeps his best deals to himself, without broadcasting them.
Quote from the article from Mark Cuban.
"I keep them all to myself," he writes. "If the person selling the deal was so smart, they would be rich beyond rich rather than trolling the streets looking to turn you into a sucker."
Even as people are flocking to cryptocurrencies today, the people that have made the most money were not the "get rich quick" types. Even the ones investing in 2010 did not become millionaires overnight. It took a few years to grow. Or the others that invested in Bitcoin in October 2013 at $1000 a coin, to see it drop to $300, yet they stayed in it. They did not get rich quick and not without the stress or risk of losing it all. The same is true with other investments - look what happened to those that invested in the beginning in Microsoft, Apple, Amazon, Netflix, Tesla, Facebook, etc ... the list is long ... but you see the trend. It was the early investors that stayed with it that made the most.
I guess the trick is finding what you truly believe in and are willing to stay in it even when no one else believes in it ... and wait until everyone else believes in it again. No one knows what Bitcoin will do - neither the ones that claim it is a bubble - nor the ones that claim it will go to $100'000. Both sides may be right. Right now as you already all know and see, blockchain startups are cropping up all over the place. A few of these will be the next powerhouses in the next decade - these are the Apples, the Facebooks, the Amazons of the millennial generation. The trick is to be in-tune enough to spot them. And if Mark and Warren are right, for the really valuable ones, no one is going to be screaming about them from the roof-tops or inviting us to get rich quick by investing in them.
This was the original article with quotes from Cuban and Buffet.
https://www.cnbc.com/2017/09/26/mark-cuban-and-warren-buffetts-investing-advice.html
