Short YouTube monologue by Ben Simpson reflecting on his most profitable crypto investment (Ethereum). He recounts buying ETH around $80 (2018–2019), meeting Vitalik, and emphasizes conviction and contrarian investing — backing positions strongly to achieve life-changing, compounding returns.
This coin made me the most money I've ever made in crypto. And it's the lesson that's taught me throughout my entire nine years of investing in crypto and that is Ethereum. I got back in Ethereum at $80. It was back in 2018, 2019. I remember when Vitaly came to Sydney and I met him and it was that all the rage at the time of when was Ethereum going to get to $100 now at the moment, you know, theorem somewhere around $4,000. You know, I don't know how many X that is return but I think the thing that I took away from that particular trade was, was belief. When everyone else doesn't believe something, if you can be contrarian and you can double down and have conviction when everyone else doesn't believe with what you're thinking, you have an advantage. There's a fine line between being right and being early and being completely wrong and not following what everyone else is saying. It's a very fine line. But if you are right and you can have conviction and you can back yourself. That lesson for me was you need to back yourself. So many times in crypto I've been right but haven't had the amount of confidence to really, you know, add so much capital in that I've made a lot of money in return. So you know, when you are having conviction and when you do believe in something, back yourself. That is a lesson that I've learned because that's when you can really make compounding returns is when you've made a lot of money in and you can return a lot back. Not just playing around with $100, $1,000 here or there. You make life changing amounts of money when you back yourself and had conviction.
