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What if I told you that the way you see your financial situation is wrong, and that's why you keep on living paycheck to paycheck and depending on others to live?
Why do people who win the lottery get back to being poor?
Why do rich people in social experiences manage to earn back a substantial amount of what they had before?
It's all about two things - knowledge and mindset.
Now, what if I tell you that if you have the mindset, you can get the financial gains no matter if you have the knowledge or not?
This is true!
If you follow the people who have the knowledge closely, you'll be able to detect the trends that will allow you to capitalize on their knowledge if you are willing to take the plunge and accept the consequence.
But, if you think I'm being vague, read below to get the full scoop of what I'm saying here...
First of all, let's take a look at what I mean with this.
People in the crypto world are either earning lots of money, losing a lot of money, or simply stagnant in a never ending cycle of no profit sales and meaningless buys.
People in ReadCash, for example, are either making a substantial amount of money by investing their earnings, not earning a thing, or earning but cashing it out and therefore not being able to do much.
People don't buy crypto in dips because they are "playing it safe";
People cash out their ReadCash Earnings' BCH because they are "playing it safe";
People are afraid to lose money and therefore "play it safe".
By playing it safe, people lose out on Crypto Bull Markets;
By playing it safe, people never earn more due to BCH valuation climbing;
By playing it safe, people don't invest, and spent it all.
By playing it safe, people are constantly losing.
"Risking it" is the only way to get out of the rat race, for there is no investment without risk, but there isn't a rich man without investment.
People asked Mark Cuban:
"How Do I Get Rich When I Don't Have Money".
"You Don't! Get a job even if it is in McDonald's and earn enough to start investing".
There aren't many billionaires who can tell it like it is, but you need to risk your money to have it scale, for without capital to work for you, you only have your labor, which is never enough to get out of the rat's race.
But what if I told you that you don't need knowledge if you have the right mindset?
This can be hard since you depend a little bit more on others, but it is not only possible but highly rewarding for those starting out.
Take me as an example...
When this last bear market of last week took us, I was a bit depressed... I didn't quite know what to think, I was suspicious that this wasn't it for this year but I didn't know for sure.
Fortunately, I read in between the lines and looked at my surroundings.
Fortunately for me, I surround myself with brilliant people so I can look at what they are doing and what they are thinking.
I saw @MarcDeMesel stating some solid numbers and fundamentals for why this bear market was just a correction, and I took a look at what another brilliant mind he recommended us - @ColinTalksCrypto - was saying about this whole ordeal.
Now, I am not a crypto noob that didn't have a clue on what was happening as I had my suspicions, but since these guys were sure and I trust their judgement, I took the plunge and bought the low prices.
Boy, the climb hasn't properly started yet and I'm already on the green again.
Because I looked at my surroundings and thought:
- The guys I have followed for years started confirming that this is a "passing bear":
SecretsOfCrypto was always right and his calls are always on point - valuable info;
Tai Zen is also a great crypto analyst - golden advice and he agrees.
Musk is Shilling Dogecoin - Ups, wrong successful person to look at this time... (seriously, wtf)
- The guys I started following recently:
Marc throws a lot of money my way, which proves he is successful and knows what he is doing - his advice is valuable.
Colin is valuable for Marc, thus he must have given him money to earn or knowledge even he found valuable, thus he DEFINITELY knows his stuff.
So, what did I see?
I saw that both the people I always followed and the people I started following recently who clearly know what they are doing agreed on this being a correction.
Best decision ever!
So, even if I didn't have the knowledge, I trusted minds smarter than me to have it... but this leads us to mindset, and a keyword which is - Responsibility!
If this was a long bear market starting, I wouldn't blame them for my call... I alone bear the responsibility of my actions.
Being responsible for your actions and holding yourself accountable is vital.
I didn't know enough to be SURE, I trusted these guys... but if they failed I would blame me for not knowing enough to consider following them in the 1st place.