Alexander Lorenzo breaks down the repeating pattern in crypto markets: doubt and criticism during downturns, then vindication when bull runs arrive. He compares riding out the cycle to taking the entrepreneurial road less traveled, urging persistence through the skepticism.
There are people judging you right now because you're in cryptocurrency, and those same people are going to be asking you how you did it when the next bull run comes, right? It's the same thing over and over again, the same cycle where people doubt it, then it happens, then they're like, what's up, I want to join too. There's a lot of people that are silent too, that don't even talk, that are secretly judging you, that are like, why is this guy trying to change his life? Why is this guy getting involved with this risky asset class? And then somehow they feel like they're a hero because when the market goes down and you lose a little bit of money and it hurts and there's pain, they seem like they were right. But really what they're doing is they're validating their own unbelief, their own self-denial. See, cryptocurrency is not only the future, right? It's also an entrepreneurship-type journey. And so when I first became an entrepreneur, people doubted everything I did because I stepped out of the bubble. Now combine that with cryptocurrency, right? Entrepreneurship is like the off-beaten path. And then within the realm of entrepreneurship, everybody thinks crypto's a scam, right? How many of these entrepreneurship guru guys are calling out crypto saying it's pretty much a Ponzi scheme? That is what you call the road less traveled. So I get it, right now it might hurt, you might have a lot going on, a lot of people doubting you, but at the end of the day, it doesn't matter. Believe in what you originally set off to do.
