Alexander Lorenzo argues crypto skeptics will regret dismissing the market. He shares how he lost friends, got called a scammer, and invested in Ponzi schemes before learning to buy at bottoms and hold through multi-year cycles without overextending.
The same people laughing at you for buying crypto while it's red are going to be the same people asking you how you did it next cycle when you're up 10,000%, 20,000%. There's one thing that's consistent after being through 3 cycles that I see every single time. It's almost impossible to set a top, but I've bought every major fall, every bottom, every single bottom I've purchased. As long as you continue to buy, don't overextend yourself, and to continue to accumulate, you'll do fine. The only people that lose in crypto are the people that give up. I know it hurts. I get it. You might look like an idiot. I remember when people were calling me a scammer in 2016, 2017. I've had lost friends over crypto because I told them to get into it and they got wrecked. I've invested in Ponzi schemes. I mean, I've pretty much done everything you could possibly do negative-wise in cryptocurrency. And every single time we come out the other side swinging, making more money. and getting richer and richer. It's only right, right? There's always right and wrong. Everybody got opinion. It's only right if it works, okay? But sometimes it might take 3 to 4 years for it to work. Are you patient or are you gonna give up? That's a question that only you can answer with yourself.
