Most rich people stay rich by spending like the poor and investing without stopping then most poor people stay poor by spending like the rich yet not investing like the rich but impressing them
Exactly! My grandparents were so frugal but they had a TON of money on both sides. I remember my grandfather telling me "you want to make money while you sleep." And I guess that attitude passed down to my dad (RIP), because I remember going to his house one day and I had bought something I really liked, so I wanted to show it to him. So I said "Look at this! Isn't it cute? It was on sale...I saved 50%!" My dad replied "Well, if you're spending, you're not saving." Obviously I had no retort, and that has always stuck with me.
Great job CT. Appreciate your coverage of what's going on in the crypto market. It's a great validation and some times eye opener to all the other channels out there. Plus, I really appreciate your short videos that give a great dose of information. Keep up the great work.
From $0.35 to under $0.01? 😢 Back then, I wasn't even aware that such a gem was going through that much endurance and polishing. Imagine all the money I've wasted buying unnecessary things that I wanted. Knowing me, I would've taken a huge leap of faith and secured at least 1,000 Bitcoin at that time. 😁 Unfortunately, I didn't know about the rise of the digital currency revolution. Now, 1,000 BTC would be beautiful 😍 to see.
Bitcoin could fall but is less likely now. It is all about group belief systems more than network effect .. Blackrock and SEC buy in locks in the institutional deal. BUT the high price electricity cost associated with non AI tracking related with mining ⛏️ BTC is the issue .. if that changes to match TAO token then BTC wins
I believe in BTC and what it is trying to accomplish BUT I always find these "Gains of 1000X , 10,000X and beyond" style math videos a little silly. Anything that starts at 0 will have ENORMOUS gains if it goes up to even just a $1. However MOST things in life have some floor that is set before anyone can buy in. Even Beanie Babies had a floor price set by the manufacturer ($5) so their gains are limited. However you could argue that a Honus Wagner or a Micky Mantle baseball card had even crazier gains because of such a low floor price at their inception and the supply/demand that led to these cards being worth MILLIONS. If a Mickey Mantle was worth $0.1 when it was originally released, selling for only a $1,000,000 means it realized a 10millionX in 70 years!! One actually sold for $12million.
