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My experience says do NOT say "I told you so"

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by COINS NEWS 77 Views

I think crypto in the next few years will create enormous wealth for a few, a lot will make a little, and many will lose.

Those who make the most generally will be aggressive buyers who have 10-15 year time horizons and will live their life by a motto of "don't spend anything" and/or a "make a lot, don't spend anything". Most likely more wealth to the latter.

For those that make a lot, I think that you will hear many "you're an idiot" comments along the way. The voice in your head might say "Tell them I TOLD YOU SO". Please read this, I think it brings real value.

  1. Disclosing your crypto holdings, especially if big, will bring you pain in relationships. You will see friends, family, gf, bf, whatever, asking for money.
  2. It is a massive security risk to have people think that they can rob you via your phone.
  3. Please do not be that guy who made $800k and ended up with a watch and a short sale.
  4. Most people will actually regret not buying enough. Had I actually listened to what I preached, I would be retired at 39 off real estate instead of gunning for 42-44. I can easily see eth at 15k and btc at 150k in 2027 and a group of guys saying bragging how they bought it(they own $5,000 worth yet have a Rolex).
  5. Do not quit your job until you are 100% ready to role out. Your job equals cash flow equals more assets.
submitted by /u/Tryingtodoit23
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