Ben SimpsonNavigating the world of crypto with confidence & expertise | Founder & CEO of Collective Shift

Everyone thinks it's about picking the right altcoins..

Name: Everyone thinks it's about picking the right altcoins..
Uploaded: 2026-02-08T04:49:45+00:00
Duration: 1 min 1 s
Channel: Ben Simpson
Description: In this monologue, the speaker argues that making substantial profits in cryptocurrency is driven by knowing when to sell rather than selecting the right…

8 Feb 2026 · 1 min

Watch on YouTube

1:01

In this monologue, the speaker argues that making substantial profits in cryptocurrency is driven by knowing when to sell rather than selecting the right altcoins. He dismisses the common belief that picking the right assets is the key to wealth, emphasizing that anyone can buy crypto. He shares personal experiences: an early cycle where he turned $20,000 into $100,000 but then lost it all due to overconfidence, and a 2021 metaverse boom where he achieved over 3000% returns by exiting while the market was euphoric. The core message is that a well‑crafted exit plan and disciplined execution are essential for crypto success.

Chapters

The difference between making life changing money and losing everything. This cycle has nothing to do with your coin picks. Everyone that gets into crypto thinks that it's about buying the right altcoins and that's what makes you money. That is what most people say online, but the reality is anyone can buy altcoins, Anyone can buy crypto. Picking the right assets is not the hard thing to do. It's actually knowing when to sell. Winners and people that make money in crypto know how to exit and know when to exit and have a plan. I didn't have this plan when I started eight years ago. I round trip my first cycle, you know, took $20,000 to $100,000 and lost everything because I thought I was a genius. And then the music stopped and the market plummeted. And that happens every single cycle in crypto. The best thing you can do is build a plan and execute on it. I did this back in 2021 where I made over 3000% returns, made life change amounts of money on the metaverse. Not because I was outrageously early in a lot of these coins. Yes, I got in pretty early, but the fact was I was able to exit when everyone else was euphoric. Buying and thinking crypto was never going to go down. That is the time to sell and that's what made me life changing amounts of money. The strategy is in the exit, not the entry.