Most people I know that bought sports cars, mansions and watches in the bull, literally went bust in the bear.
Houses and cars repossessed, watches sold at a discount and worse,they lost their relationships that were based on sports cars and bottles in St Tropez clubs.
Having lost everything twice. I learnt to respect money, no matter how fast it can be made. Things can turn quick and when they do, he with cash is king and watches and cars mean nothing.
I sold a business for over $100m before crypto and I’ve been in crypto for a long time to have made more than enough. I never bought a sports car, never hired a private jet, never set foot in Prada or Louis Vuitton . It’s not because I can’t , it’s because having lost it all before - I respect money.
We are about to go into a new cycle, you will make tons of cash. This time, think twice about what you do with it!
