The highest probability path to getting rich (without getting lucky)💵

- Inspired by @Naval

/Thread
Spend every penny you make:

- Money is an ROI generator.

Money should be put towards: Experiences, assets, network, education and mentors.

Money saved is money wasted.

Besides emergency funds, everything should be put to work so you can move forward with SPEED
Stacking Cash:

Best way to get rich is to combine cashflow with capital multiplication avenues:

-Ecom biz->Crypto
-Doctor->Real Estate

You need to maximise BOTH the former and latter to get rich as quick as possible.

Focusing on one side will slow you down significantly
Think quick, act quick:

Most ppl have been brought up to be FRUGAL, because their parents encourage 'comfort' over growth.

Decisions realistically take 1 hour MAX to make.

Any longer is simply waiting for new information, or procrastination.

Action > Inaction
Perseverance > Everything:

Making 6 figures/year from an online biz isn't HARD.

Growing wealth in Crypto isn't HARD

The only thing most people lack is PERSEVERANCE

You've gotta push through the initial hurdles of getting your first clients and believe in yourself
Align PLANS with GOALS:

SO many people in the world have wild goals:

"I want to be financially free"

Yet, their PLANS are totally misaligned:

- Work an average job w/ normal pay
- No side hustle/assymetric bets

If you ACTUALLY wanted 'freedom', your plans would be aligned
Work for someone successful for free:

When you're young, and broke, you possess a very valuable asset: TIME.

Use this to your advantage.

If you provide enough value for someone in a position where you want to be, they WILL reciprocate eventually.
Avoid Crypto BEFORE cash flow

- If you don't make high 5 figs/yr, AVOID investing in Crypto.

Crypto before solid cashflow is simply shiny object syndrome.

SO many newbies come into Crypto with $500 expecting to get rich

Even though we already went 10x this year from bottom
Engineer luck wherever possible

Luck shouldn't be random, it should be ENGINEERED:

- Eat at the fancy restaurants
- Buy that mentorship that seems 'expensive'
- Help that stranger who is in need
- Cold outreach to famous IG accounts daily
- Join networking groups
"Your network is your networth" is an understatement

Wealth compounds. But your connections compound more.

- The best hidden 100x gem isn't any altcoin you can buy, but instead a potential connection you make, or network you find.
/End

Wondering what to do if you wish to take this path?

The single best investment I personally ever made was from joining The War Room.

- I made over 6 figs this year alone from the value inside of this network. 👇

cobratate.com/war-room

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with / ☀️S◎L to $100 Crypto̶ Ðan🌐

/ ☀️S◎L to $100 Crypto̶ Ðan🌐 Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @cryptodan19

13 Jan
EVERYTHING you need to know to 10-100x your portfolio in 2021 investing in #DeFi projects

/Thread
1. First off, the rabbit hole starts here:



- Read up on the different projects
- Understand their value proposition and how this value accrual is connected to their token
- Read up on the team/investors/roadmap
2. Invest in what you use/see others using.

How to use #Defi? 👇

Read 11 tweets
15 Dec 20
My top 10 BEST trading indicators for buying the #Bitcoin bottom

I've been obsessed for 3+ years on this topic, and can say these tools WILL make you money

Here are my favourites👇
#1 - 200D Moving Average

- The line is the average price of Bitcoin over the prior 200 days.

- SUPER simple. Buy when price gets to the blue line.
#2 - Puell Multiple

- A calculation which uses daily issuance of new Bitcoin's to determine great places to buy

- Buy when the indicator has the green column showing
tradingview.com/script/ecEyOv0…
Read 13 tweets
10 Nov 20
HOW TO DOLLAR COST AVERAGE $BTC THE RIGHT WAY

/Thread
Buying when prices are low requires discipline, patience, conviction, emotional control, and trading tools which actually work

Let's focus on the trading tools for this thread!👇
1. @cubantobacco spot buying guide

Very simple for finding good entries on $BTC

tradingview.com/script/bELupuo… ImageImage
Read 7 tweets
7 Nov 20
Been an amazing few days of trading for myself and Wintrade members $BTC $ETH $Crypto

Lets recap:👇

1. We opened 1 trade yesterday on $BTC with our Wintrade trading system, making 72.8% in 16 hours🔥 (20x lev)
2. I issued a call yesterday to buy $YFI at the 7500sat buy zone

Today we sold at the final target of 15600 sats for a 2x🔥🔥

3. Took some profits from spot $BTC long that we opened at 10.4k for a 54% profit💎

Read 4 tweets
31 Oct 20
An explanation of funding, and why EVERY Bitcoin trader NEEDS to use it as their main trading tool $BTC #Bitcoin

/THREAD
We've all heard the trading mantra 'Buy low, sell high'

But how many traders can actually implement this seemingly simple strategy to make consistent profits?

Not many. But why? Image
1. Because the tools traders use to analyse when prices are 'low' and 'high' are incomplete

AND

2. Because when an edge on the market becomes obvious it seizes to act as an edge

So how does this apply to funding?
Read 11 tweets
15 Jul 19
'Reminiscences of a Stock Operator', published in 1932, is a mandatory read for all crypto investors📜

After reading for a 3rd time, I've included some of my personal favourite passages below⬇️

$crypto
Ever made a trade in the hopes that the market will pay for something you desire❓

Don't.

"What does a man do when he sets out to make the stock market pay for a sudden need? Why, he merely hopes."
"There is nothing new in Wall Street. There can't be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again". 🦉

- The exact same applies to the crypto market, and any other market that humans trade📈
Read 23 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

:(