MidwestLandlord
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- Dec 6, 2016
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I don't know about others, but I only invest money I can afford to lose into cryptocurrency trading. Trading/speculating is not my main means of making money.
This^^^
Crypto is on the money tree side of the fastlane equation NOT the CENTS side.
In other words, wealth acceleration, not wealth building.
Other "traditional" investments are also useful on the money tree side of the equation, again, post-CENTS.
Stocks, bonds, buy and hold real estate, etc.
The confusion comes from the Script teaching people that "investments" are wealth builders when they are not.
Ever play an idle clicker game on your phone? In idle clickers you reset the game with "prestige" and get a 5x multiplier or whatever.
In the beginning that 5x multiplier only multiples a small number. So you 5x, but still don't make much.
But later, a 5x prestige multiplier is 5x-ing a large number and your growth explodes.
It's the same principal with investing. It's a game multiplier essentially.
Make sure you are multiplying a large number.
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