Many people want to become wealthy, but the majority don’t want to do what it takes to be one.
Published in · 8 min read · Nov 17, 2023
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At the moment I am writing this, my cryptocurrency portfolio has grown from $24,000 ($17,000 of the money I have spent in total in this market and $7000 in earnings) to $42,500 (82% raise).
Considering the losses people have had in these last two years, I think my strategy was a success, so I have bragged a little bit with my friends about how well I am doing.
For this reason, many people around me have asked me how I achieved these gains so they could replicate my results. But when I tell them exactly what I did, everyone backs away, ignores me, or feels like I’m lying and do nothing else with that information.
The problem is that when someone does well in a market, people expect some extraordinary story of fortune and superpowers behind this success. Get-rich-fast schemes are everywhere online, and people believe this is what happens when they see others having good results investing.