Post
Topic
Board Economics
Re: This Will make you rich
by
Bitmessage
on 05/07/2024, 17:34:37 UTC
First ask yourself who you want to be ?
Rich by wealth 90% 60%-80% ? Or 20% ?
What about the 1% ?
The wealth is info and knowledge what you know and others don't know.
You want to be that 1% ?
So you have to go against the 99% of the world so you get allmost like 99% of traders investors gamblers money.
If you want that go take your time and think what the 1% might be doing now ?
But there is same % of top winners and top losers both are the 1% so while doing some move what nobody don't know about you might lose all or win big.
Sure you can make good profit with btc or meme coins but that's not what the 1% will do now because too many people expecting and waiting the same thing.
Take now your time go learn the market think hard because If you could hit right you could make a lot profit.
Im busy to figure out what could be that 1% move the biggest jackpot.

I like real wealth: gold, stocks, hard currencies, cash, over cryptocurrency [as a store of wealth]. I am interesting in cryptocurrencies due to cryptography.

In stocks I find that I outperform index every year, by a statistically significant margin, but I do spend a lot of time.

I don't trade with leverage or loans, never small cap companies. Still my portfolio has increased by an average of 25% each year for the last decennium.

I won't become ultra-rich like George Soros. That is almost impossible. You need windfall profits and lots of luck (be in the right place for you).