Crypto for Wealth Creation
Wealth is Ownership of Assets
Wealth is ownership of assets that pay you money.These are equities, real estate, treasury bonds, cryptocurrency and businesses
Don't underestimate salary income.
salary's certainty gives you fuel for your fire.
Use it to buy cash flowing assets that put money in your pocket every month or quarter.
A salary's predictability will allow you the freedom to explore different investment opportunities and see what works for you.
Investing for Wealth
Investing is how you make money. Trading is how you lose it.
Studies have shown that dead people outperform traders. If you had bought $btc 8 years ago and then died. You’d have outperformed almost everyone
Hold positions for 4years plus for maximum profit, ur an Investor not a trader.
Every 4 years the market goes bonkers:
Investing in coins
Crypto works because it's open market.
Bitcoin market is based on global liquidity so the more money there is in the world, the higher asset prices become.
The more famous a coin, the more attention it gets the more it appreciates. Think Category leaders..
Also when bitcoin goes down market liquidity moves to other assets, the Alt coins their prices go up.
There are a limited number of bitcoins so it's price will only go up for eternity, because it's scarce.
Risk in investing Bitcoin
Because in crypto, there is potential to make a lot of money very quickly, but there's also massive potential to lose all your money very quickly.
Getting rich takes a lot of luck you have to be there at the right time.
It also takes lots of work and effort to actually set yourself up.
Coins to watch out for Jan 2025:
Top Gaming Coins
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