How to be free and crypto wealthy by 2030
The 7 pillar framework I used to turn $7k into my first $100k
// THREAD //
The 7 pillar framework I used to turn $7k into my first $100k
// THREAD //
If you know my story, then you know I don't come from 'money'.
My family doesn't have much.
I'm the first of the family to attend college.
I'll also be the 1st of my family to make a million.
Am I there right now? Definitely not.
Here's how I'll get there...
My family doesn't have much.
I'm the first of the family to attend college.
I'll also be the 1st of my family to make a million.
Am I there right now? Definitely not.
Here's how I'll get there...
Before I give you the blueprint I need you to understand one thing:
I'm only here to help people see what's possible for them.
That average joe's (like myself) can achieve beautiful things in this space.
I'm NOT here to convince naysayers.
So let's dive right into it...
I'm only here to help people see what's possible for them.
That average joe's (like myself) can achieve beautiful things in this space.
I'm NOT here to convince naysayers.
So let's dive right into it...
1. Realize the crypto market will 25-100x from here.
At the time of writing the total crypto market cap is about $1.7 trillion dollars.
Sounds insane, right?
Well, it's currently down about 55% from its all-time high of $2.9T last November.
It's not THAT insane though...
At the time of writing the total crypto market cap is about $1.7 trillion dollars.
Sounds insane, right?
Well, it's currently down about 55% from its all-time high of $2.9T last November.
It's not THAT insane though...
An estimated 3 to 4 billion individuals will be using crypto by 2030 (thank you, network effect).
Crypto will eat into the market cap of equities, bonds, and real estate.
You think BTC at $69k was expensive?
What about a $1.2 million BTC in 2030?
Or $40k ETH in 2029?
Crypto will eat into the market cap of equities, bonds, and real estate.
You think BTC at $69k was expensive?
What about a $1.2 million BTC in 2030?
Or $40k ETH in 2029?
Volatility on the way up is to be expected.
That is the cost of the unbelievably high upside of these assets.
Once you expect and accept these massive corrections of up to 75% you'll be fine.
Speaking of expectations...
That is the cost of the unbelievably high upside of these assets.
Once you expect and accept these massive corrections of up to 75% you'll be fine.
Speaking of expectations...
2. Cancel your need for overnight wealth.
Why?
Because it's going to do the opposite of what you're looking for: lose your money.
How?
You will feel FOMO and you'll put your hard-earned money into shitcoins because some dude said it was the 'next bitcoin'.
Know this...
Why?
Because it's going to do the opposite of what you're looking for: lose your money.
How?
You will feel FOMO and you'll put your hard-earned money into shitcoins because some dude said it was the 'next bitcoin'.
Know this...
Those moves will ruin you.
Real talk:
You will NOT get rich by next month or even next year.
We are building a multi-year process here.
Reframe that boring 9-5 to a tool to help you build your freedom.
Use your paycheck to invest in solid projects.
What projects, Sash?
Real talk:
You will NOT get rich by next month or even next year.
We are building a multi-year process here.
Reframe that boring 9-5 to a tool to help you build your freedom.
Use your paycheck to invest in solid projects.
What projects, Sash?
3. Invest in the decentralized future.
The old world was built on massive data centers controlled by big tech: Google, Amazon, Facebook, Microsoft, etc.
It makes government control over citizens very manageable.
How so?
The old world was built on massive data centers controlled by big tech: Google, Amazon, Facebook, Microsoft, etc.
It makes government control over citizens very manageable.
How so?
One knock at the door of Google and they'll hand over every single piece of data about you to the government.
Or they'll be forced to shut down.
Government ft. Big Tech = never in YOUR best interest.
It's about data.
It's about taxes.
It's about 'allegiance' to them.
Or they'll be forced to shut down.
Government ft. Big Tech = never in YOUR best interest.
It's about data.
It's about taxes.
It's about 'allegiance' to them.
The future economy is built by projects that respect your anonymity, your sovereignty and your data.
ETH, SOL, RNDR, AR, FIL, just to name a few are all building realities that are in YOUR best interest.
You decide where to spend money, where to pay taxes, where to 'live'.
ETH, SOL, RNDR, AR, FIL, just to name a few are all building realities that are in YOUR best interest.
You decide where to spend money, where to pay taxes, where to 'live'.
4. The power of NFTs.
This is bigger than the funny apes or the randy ponies NFTs.
I believe the JPEG hype is worth studying and getting into, yes.
I've made more money with JPEGs than I did working a full year, yes.
They're the precursor for something much bigger.
This is bigger than the funny apes or the randy ponies NFTs.
I believe the JPEG hype is worth studying and getting into, yes.
I've made more money with JPEGs than I did working a full year, yes.
They're the precursor for something much bigger.
Everything you own will be a non-fungible token (NFT) on the blockchain within these next 10 years.
- Real estate
- Personal documentation
- Entertainment
Everything.
Study JPEGs, understand 99% of them are trash, and research the underlying mechanics to win big in the future.
- Real estate
- Personal documentation
- Entertainment
Everything.
Study JPEGs, understand 99% of them are trash, and research the underlying mechanics to win big in the future.
5. Recognize government propaganda.
Bitcoin is becoming the preferred store of value for the masses, right in front of us.
Banks, investment funds, billionaires, and regular people like us are pouring $$ into BTC.
This trend will eventually separate money and state.
Bitcoin is becoming the preferred store of value for the masses, right in front of us.
Banks, investment funds, billionaires, and regular people like us are pouring $$ into BTC.
This trend will eventually separate money and state.
This adoption starts slow with places like El Salvador, Paraguay, Honduras, Turkey..
But it's just a matter of time (game theory) before bigger nation-states join them.
As of right now, the central banks + governments are doing their best to 'control' crypto.
They will fail...
But it's just a matter of time (game theory) before bigger nation-states join them.
As of right now, the central banks + governments are doing their best to 'control' crypto.
They will fail...
They cannot crush crypto.
1. They want the ability to keep taxing crypto assets
2. 18-40-year-old voters are in crypto
3. It would cause a massive brain-drain
4. Crypto is too decentralized, can't turn it off
So just know this...
1. They want the ability to keep taxing crypto assets
2. 18-40-year-old voters are in crypto
3. It would cause a massive brain-drain
4. Crypto is too decentralized, can't turn it off
So just know this...
Governments will all issue Central Bank Digital Currencies.
- it will pretty much be spyware, disguised as a crypto coin.
- Crypto by definition cannot be centralized.
- They will criminalize crypto and incentivize their CBDCs
- Media will emphasize dangers of 'real' crypto
- it will pretty much be spyware, disguised as a crypto coin.
- Crypto by definition cannot be centralized.
- They will criminalize crypto and incentivize their CBDCs
- Media will emphasize dangers of 'real' crypto
6. Don't panic sell.
Things are likely going to get uglier before they get better.
This will be a war between the centralized forces of the world and regular people like you and me.
Fear, uncertainty and doubt will (artificially) be poured into the markets again and again...
Things are likely going to get uglier before they get better.
This will be a war between the centralized forces of the world and regular people like you and me.
Fear, uncertainty and doubt will (artificially) be poured into the markets again and again...
Why?
Because the system cannot sustain the status quo nor survive if we've got regular joes like us taking financial matters into our own hands.
Governments lose that monopoly, they lose their reason for being.
It makes sense for them to cause and spread fear.
Because the system cannot sustain the status quo nor survive if we've got regular joes like us taking financial matters into our own hands.
Governments lose that monopoly, they lose their reason for being.
It makes sense for them to cause and spread fear.
Remind yourself that you have an investment thesis.
A thesis that is built on a decentralized, cross-chain, tokenized future where coins like UST and BTC are the preferred stores of value.
Stick to that!
Remind yourself government currencies ALWAYS go to zero, eventually.
A thesis that is built on a decentralized, cross-chain, tokenized future where coins like UST and BTC are the preferred stores of value.
Stick to that!
Remind yourself government currencies ALWAYS go to zero, eventually.
When the markets tank you do what all smart investors do: you invest more.
You do NOT sell. Unless it's to take profits! :-)
Next time you see news about Russia, India, China or the US cracking down on crypto: relax!
Just zoom out on the bitcoin chart from 2011 to 2022 📈
You do NOT sell. Unless it's to take profits! :-)
Next time you see news about Russia, India, China or the US cracking down on crypto: relax!
Just zoom out on the bitcoin chart from 2011 to 2022 📈
7. Take risks, but don't gamble.
Look, crypto is an extremely high-risk asset class.
No point in trying to deny it.
We ALL make mistakes.
We ALL have seen a bag go to zero.
I understand if others (usually established investors) aren't willing to take on the risks in crypto.
Look, crypto is an extremely high-risk asset class.
No point in trying to deny it.
We ALL make mistakes.
We ALL have seen a bag go to zero.
I understand if others (usually established investors) aren't willing to take on the risks in crypto.
But there are frameworks and fundamentals you need to respect if you want to limit your downside and maximize your profits.
Whether I'm researching metaverse projects, new Layer 1s or NFT projects to ape into..I always stick to the same principles to help weed out the trash.
Whether I'm researching metaverse projects, new Layer 1s or NFT projects to ape into..I always stick to the same principles to help weed out the trash.
I want you to invest in crypto, but I do NOT want you to spend even one single dollar that you know you cannot afford to lose.
It's not worth risking your health or your family. Focus on increasing your income first, THEN dive back into crypto.
Just my two sats of course.
It's not worth risking your health or your family. Focus on increasing your income first, THEN dive back into crypto.
Just my two sats of course.
Summary:
1. Realize crypto'll go from $1.5T to $50T
2. Cancel your need for overnight wealth
3. Support decentralization projects
4. The power of NFTs
5. Recognize government propaganda
6. Don't panic
1. Realize crypto'll go from $1.5T to $50T
2. Cancel your need for overnight wealth
3. Support decentralization projects
4. The power of NFTs
5. Recognize government propaganda
6. Don't panic
Thanks a trillion for reading guys!
If you've enjoyed this thread please give me a follow at @0xsash for more on crypto, NFTs, and the decentralized future.
Oh and make sure to grab a FREE copy of our crypto course:
cryptostarterpack.carrd.co
Appreciate you all!
Sash
If you've enjoyed this thread please give me a follow at @0xsash for more on crypto, NFTs, and the decentralized future.
Oh and make sure to grab a FREE copy of our crypto course:
cryptostarterpack.carrd.co
Appreciate you all!
Sash
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