Crypto Wipeout
Everyone who lost all their money yesterday in crypto is either:
- Broke
- Rich but have no income source
No rich man bringing in 100k+ a month is degenerately gambling with leverage.
Only the broke are chasing 500% returns.
Or the newly rich who are trying to afford their new lifestyle by trading.
Desperation leads to dangerous investing decisions.
Desperation keeps the poor poor and brings the newly rich back to poverty.
If they had built a business on the side bringing in real money,
They wouldn’t be gambling.
In fact, they’d finally get to experience how easy it is for the rich to get richer.
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