+1 furthermore poor people "work" for their money, rich people let their money work for them. King Tut didn't walk around his palace and waste precious energy no, no, no.... King Tut had slaves who he paid to carry him around his palace
This is why I always have live positions worth 15 btcs to 20 btcs at any given time in the market
because by doing this, i always have a portion of money that is going to work for me and creating "passive" revenue, thats money that comes in automatically
people need to know about this because i know there are guys out there right now who have been slaving away all day and killing themselves trying to trade, but still have made absolutely no profit and that sucks.
But while thats happening, I have my money doing all the heavy lifting for me. God forbid I have to spend even 1 hour straining my eyes infront of my laptop all day, thats like paying $20 for the new Jayz album even though I could just download it for free on torrent
always take the easier option
Thats what some people just don't
get you only have 24hrs in a day, 7 days in a week, 30 days in a month and 365 days in a year and thats not enough to create real, lasting wealth
You have to leverage the time of others to make yourself 10 times more effective in life in general
If you are always buying with the herd, then manipulators are actually using
your precious time and hard work for their own benefit, and you don't even know it
Manipulators will only buy within a strict criteria and a strict and properly defined parameter (they cover their asses basically) they basically walk into the bank through the back door, knowing that if they are the first ones in then they wont be caught by the security team. So what do they do? They leave the door open behind them, for the lesser informed traders to follow and just like always happens, the last ones in ALWAYS get caught!
If there is a bank that has been robbed once, the assailants are VERY likely to get away with it. If it has been robbed twice, it might be a little more difficult for the robbers as the security team would have been beefed up and prepared, but they still have a pretty good chance of getting away scott free. But the third time? Well by the third time all the staff will have received new training, the security system will be connected directly to the local police station, the security team will have been beefed up even more....................therefore you dont stand a chance of getting away with any money
Manipulators spread themselves across the market at all the earliest opportunities, and then leverage the time, effort and hard work of a "normal trade" who is late to the party 9 out of 10 times.
Why this pays of so abundantly is because the ratio of early birds to late comers is 2:20
for every two early birds, there are 20 latecomers who ALWAYS buy what the early bird has to sell to them
This is the magic of "buying time" instead of "selling time"
And time is, while being one of the most precious commodities in the world, actually the most undervalued commodity. It is cheap as hell, for the lack of better wording.This is why I can put $400 into a coin, and then cash out $3,600 every single month, at will.
Cause there are more people selling time than buying time aka more people are trading than manipulating. I have made more money using a single ipad than perhaps 90% of people on this forum have made with their 8 monitors, high spec pc's and the whole kabaal. I can buy something today knowing full and well that it will have moved up by more than 500% by this time next month
Just because there are hundreds of people just sitting there every single day, right in front of the computer just gazing into the screen and waiting for "that one trade"
so they buy anything that is pumping, and before you know it, it's now my coins turn to pump and guess what? These "traders" are right there in front of the screen going batshit crazy on their keyboards and mousepads, flocking in to buy the same coin that I put $200 into weeks ago, and just like that I've made $3000.
So don't chase the money, let the money come to you