Alexander LorenzoCoinPicks, CoinPicks · Founder & Chief Investment Officer CoinPicks Capital 👇🏾This strategy made me 8 million dollars

Millionaires Will Be Made This Run, and Some Will Lose it All

9 Oct 2026 · 1 min

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1:05

In this monologue, Alexander Lorenzo warns viewers about the dangers of sudden financial windfalls and the emotional euphoria that often follows. He argues that many people overestimate their ability to handle large sums of money, leading to poor decisions and potential loss of wealth. Lorenzo emphasizes the importance of having a predetermined, written strategy before any windfall occurs, allowing individuals to act from a third‑person perspective rather than being driven by excitement. By locking in a plan and following it rigorously, one can avoid the common pitfall of letting emotions dictate actions. He also notes that not everyone can sell at market peaks, underscoring the need for realistic expectations and disciplined execution.

Chapters

So like, look at these numbers, right? It's like you could put a blindfold on, pick any coin you want, and you'll eat. So when that happens, it might be the best day of your life or the worst days of your life. You might lose all of your money, straight up. I'm telling you, people think they can handle it. Like, I can handle a whole bunch of cash dropped in my pocket. The question is, why don't you have cash then? Super important questions you need to ask your life, your existence, and your current thought process. 'Cause if you think you can handle it and you actually can't, it's just gonna, the weight is gonna drop on you. That's one of the main reasons a lot of people don't get results, 'cause they don't, they're following their emotions and feelings over a strategy. So if you have it predetermined, you fully comprehend it, it's locked in in your brain, there's no guesswork, you have it written down and you know what you're doing, when the moment comes, you'll be able to identify, you'll be able to see yourself in third-person view and be like, hey, I knew that I was gonna be overly excited. I'm up big, never seen this money in my life. So what I'm gonna do is I'm gonna execute on a thing that I made before I was in peak euphoria. Before I was in euphoria, I had a plan. And I'm gonna follow through with my plan. And that's like your only hope. Some cases, there's a reason why not everybody sells the top.