A crypto investor lost $5.2 million twice before finding a three-part formula: earn consistent income, keep it through disciplined saving and tax management, and multiply it through strategic crypto investment. He credits this earn-keep-multiply framework with finally achieving financial independence.
Here's something I wish I would have told my 23-year-old self to make $1 million off of crypto faster. Because the first cycle I made like 6 figures, lost it all. The second cycle I made $5.2 million, lost it all. And this formula pretty much solves it. Right now I'm consistent. I have no problems with money at all. And it's because of this: earn plus keep times multiply. So you earn money, right? This is cash flow. You keep the money and then you multiply the money. And it sounds stupid, but look, the first cycle I knew how to multiply my money. I turned $7,000 into a lot of money, 6 figures plus or whatever the case is. But I didn't understand the earn and keep part of the formula. I didn't have any cash flow. So I had to sell the cryptocurrency at the exact wrong time. And I just sold it for a loss or I sold it for less profit than I could have if I actually had consistent income coming in. The second part is keep. So the second cycle, I had the cash flow. I knew how to multiply it with crypto, but I didn't keep any of it. I was spending it on yachts, cars, and different stupid things. I never kept any of it. This could be a tax strategy or just simply saving your money and having the discipline to actually save your money. So if you have the consistent cash flow, you're able to keep it and not spend it on stupid things and then multiply it at the same time. This is true financial independence.
