Alexander Lorenzo explains how wealthy people invest small, emotionally meaningless amounts in high-risk crypto, letting them hold through volatility and hit 100x returns. The key: make your investment so small it doesn't hurt, or earn more money until it doesn't.
People that don't trade with emotions trade the best. So I was talking to this guy, super rich dude, and he was talking about how he got 100x. Everyone I know that got rich off of crypto, the money they put into crypto wasn't meaningful to them because for you to get 100x, you got to put your money in an extremely high-risk investment. These rich guys that have a lot of money are just kind of throwing small amounts here and then it really does well because they don't look at it. The reason why people are able to not look at their cryptocurrency, hold for long periods of time, and not sell at the wrong time is because the money that's in there is not meaningful to them. They're trading without emotions because they set themselves up for success from the beginning, right? You have to, I repeat, take some money out of the market or make more money so that money's not meaningful.
