NgocDenRoi
Holder #BTC, #ETH #BNB & #TON
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What did President Donald Trump say yesterday at the 2024 Bitcoin conference? 👇
• On day one I will fire Gary Gensler and appoint a new SEC chairman.
• Create a strategic national Bitcoin reserve for the US Government if elected.
• The US government will keep 100% of the Bitcoin it owns
• Bitcoin is about to go to the moon.
• Never sell your Bitcoins
• Bitcoin may one day surpass the market capitalization of gold.
• I reaffirm my commitment to commute Ross Ulbricht's sentence.
• There will never be a CBDC while I am President of the United States.
• Bitcoin and cryptocurrency will skyrocket like never before if elected president.
• Bitcoin does not threaten the dollar, the current US government is threatening the dollar.
• The United States will be the crypto capital of the planet and the world's Bitcoin superpower.
• Bitcoin symbolizes freedom, sovereignty, and independence from government coercion and control.
• I pledge to the Bitcoin community that the day I am sworn in, Joe Biden and Kamala Harris's anti-crypto campaign will end.
• On day one I will fire Gary Gensler and appoint a new SEC chairman.
• Create a strategic national Bitcoin reserve for the US Government if elected.
• The US government will keep 100% of the Bitcoin it owns
• Bitcoin is about to go to the moon.
• Never sell your Bitcoins
• Bitcoin may one day surpass the market capitalization of gold.
• I reaffirm my commitment to commute Ross Ulbricht's sentence.
• There will never be a CBDC while I am President of the United States.
• Bitcoin and cryptocurrency will skyrocket like never before if elected president.
• Bitcoin does not threaten the dollar, the current US government is threatening the dollar.
• The United States will be the crypto capital of the planet and the world's Bitcoin superpower.
• Bitcoin symbolizes freedom, sovereignty, and independence from government coercion and control.
• I pledge to the Bitcoin community that the day I am sworn in, Joe Biden and Kamala Harris's anti-crypto campaign will end.
I spent 8 years researching only personal financial management & applied it 100% to the crypto market.
Here are 7 financial rules that crypto investors should know:
Xem 4 nguyên tắc (phần 1) ở đây
5. An emergency fund is an absolute must and cannot be used to trade crypto!
An emergency fund is a fund that contains enough money for you & your family to spend for 6-12 months. This fund can only be used in case of emergency (loss of job, loss of income, illness).
Never use this fund to bottom-fish crypto (even if you are sure of a 99.9% chance of winning, still do not use it).
6. Retirement Rule 300 - to trade crypto fulltime
Take your and your family's current monthly expenses then multiply by 300.
The result of this multiplication is the amount of money you need to save (and invest) to begin retirement and continue trading crypto full-time.
25 years is a long enough period of time, the interest of the total cost of 25 years can help you reinvest in crypto for higher compound interest.
7. Diversify assets beyond crypto
No matter how much you love crypto, this world still has more people who love gold than crypto.
No matter how much you believe in crypto, in this world most people still trade stocks more than crypto.
No matter how much you like crypto, in this world most people still own more real estate than crypto.
No matter how much you believe in the future of crypto, you still need a certain amount of cash for real life right now.
Diversifying your assets beyond crypto is the best way to manage risk.
Thank you for reading, if you like this sharing, don't hesitate for 1 second to like, share or send it to your friend who is investing in crypto!
Here are 7 financial rules that crypto investors should know:
Xem 4 nguyên tắc (phần 1) ở đây
5. An emergency fund is an absolute must and cannot be used to trade crypto!
An emergency fund is a fund that contains enough money for you & your family to spend for 6-12 months. This fund can only be used in case of emergency (loss of job, loss of income, illness).
Never use this fund to bottom-fish crypto (even if you are sure of a 99.9% chance of winning, still do not use it).
6. Retirement Rule 300 - to trade crypto fulltime
Take your and your family's current monthly expenses then multiply by 300.
The result of this multiplication is the amount of money you need to save (and invest) to begin retirement and continue trading crypto full-time.
25 years is a long enough period of time, the interest of the total cost of 25 years can help you reinvest in crypto for higher compound interest.
7. Diversify assets beyond crypto
No matter how much you love crypto, this world still has more people who love gold than crypto.
No matter how much you believe in crypto, in this world most people still trade stocks more than crypto.
No matter how much you like crypto, in this world most people still own more real estate than crypto.
No matter how much you believe in the future of crypto, you still need a certain amount of cash for real life right now.
Diversifying your assets beyond crypto is the best way to manage risk.
Thank you for reading, if you like this sharing, don't hesitate for 1 second to like, share or send it to your friend who is investing in crypto!
I spent 8 years researching only personal financial management & applied it 100% to the crypto market.
Here are 7 financial rules that crypto investors should know:
1. Live like a secret crypto millionaire
Absolutely stay away from "lifestyle creep". I have seen many people go from poor to investing in crypto and becoming rich. But then...
They live at the top of the ladder, showing off houses, cars, and luxury goods. They buy liabilities to satisfy their ego and glory in the eyes of others.
Control your spending before those around you control you.
Stop spending money on what you want, pay for what you need. Continue saving & buying crypto assets for the future.
Live like a secret millionaire today & tomorrow too!
2. Profit lock
You have heard the saying "profit taking is never wrong, never dies". But not sure...
If you only take profits out of USDT, you can still be wrong or die. You need to "lock in profits", i.e. need to convert it into fiat money & take it out of the market & into real life.
3. 50/30/20 Rule
Create a spending budget based on your & your family's income with 3 factors:
• NEEDS (food, gasoline, rent...)
• WANT (to travel, change car...)
• FINANCIAL GOALS (saving, investing, paying off debt)
NEED = 50% of income
WANT = 30% of income
FINANCIAL GOAL = 20% of income
Absolutely follow this principle and you will not be fluctuating in a volatile crypto market
4. Eliminate the goal of financial freedom
Many of you want to use crypto as leverage to achieve financial freedom.
Financial satisfaction or building a peaceful financial life is a better goal than financial freedom.
Xem phần 2 tại đây
Here are 7 financial rules that crypto investors should know:
1. Live like a secret crypto millionaire
Absolutely stay away from "lifestyle creep". I have seen many people go from poor to investing in crypto and becoming rich. But then...
They live at the top of the ladder, showing off houses, cars, and luxury goods. They buy liabilities to satisfy their ego and glory in the eyes of others.
Control your spending before those around you control you.
Stop spending money on what you want, pay for what you need. Continue saving & buying crypto assets for the future.
Live like a secret millionaire today & tomorrow too!
2. Profit lock
You have heard the saying "profit taking is never wrong, never dies". But not sure...
If you only take profits out of USDT, you can still be wrong or die. You need to "lock in profits", i.e. need to convert it into fiat money & take it out of the market & into real life.
3. 50/30/20 Rule
Create a spending budget based on your & your family's income with 3 factors:
• NEEDS (food, gasoline, rent...)
• WANT (to travel, change car...)
• FINANCIAL GOALS (saving, investing, paying off debt)
NEED = 50% of income
WANT = 30% of income
FINANCIAL GOAL = 20% of income
Absolutely follow this principle and you will not be fluctuating in a volatile crypto market
4. Eliminate the goal of financial freedom
Many of you want to use crypto as leverage to achieve financial freedom.
Financial satisfaction or building a peaceful financial life is a better goal than financial freedom.
Xem phần 2 tại đây
I have studied, invested & participated in crypto for 20,440 hours. So you don't need to study.
You just need to apply the 10 principles/lessons below:
1. Don't buy any coin/token that you can't sleep well after buying.
2. Lengind/stake/high profits/high leverage is the cause of the market crash.
Let's look back at 2017 & 2022. Crypto winter would not have come if people had not been too greedy for high profits & used excessive leverage.
3. Always make sure #BTC & ETH make up at least 60% of the portfolio.
Because you will always have the opportunity to grow again. With Altcoin, not sure.
4. Never sell out of BTC & never run out of stablecoins.
The opportunity is always there if you have BTC & USDT left
5. Never stop generating regular income (other than crypto)
If all your income comes from crypto, watch out!
6. Don't trust any KOL, all the advice and information they give has their own reasons behind it.
They are all making money for themselves, not for you.
7. Crypto is addictive.
I see a lot of people making a lot of money from leveraged trading. But I have not seen anyone have a peaceful financial life when continuously trading with leverage.
8. It doesn't matter how much money you make in the crypto market.
What matters is how much money you take out of the crypto market.
9. Need at least 2 cycles (1 cycle every 4 years)
Therefore, if you earn money in the first cycle, it is unlikely that you will keep that money in the next cycle.
10. To get rich in the crypto market, it is not necessary to trade.
You can still earn #Bitcoin & other crypto without trading.
You just need to apply the 10 principles/lessons below:
1. Don't buy any coin/token that you can't sleep well after buying.
2. Lengind/stake/high profits/high leverage is the cause of the market crash.
Let's look back at 2017 & 2022. Crypto winter would not have come if people had not been too greedy for high profits & used excessive leverage.
3. Always make sure #BTC & ETH make up at least 60% of the portfolio.
Because you will always have the opportunity to grow again. With Altcoin, not sure.
4. Never sell out of BTC & never run out of stablecoins.
The opportunity is always there if you have BTC & USDT left
5. Never stop generating regular income (other than crypto)
If all your income comes from crypto, watch out!
6. Don't trust any KOL, all the advice and information they give has their own reasons behind it.
They are all making money for themselves, not for you.
7. Crypto is addictive.
I see a lot of people making a lot of money from leveraged trading. But I have not seen anyone have a peaceful financial life when continuously trading with leverage.
8. It doesn't matter how much money you make in the crypto market.
What matters is how much money you take out of the crypto market.
9. Need at least 2 cycles (1 cycle every 4 years)
Therefore, if you earn money in the first cycle, it is unlikely that you will keep that money in the next cycle.
10. To get rich in the crypto market, it is not necessary to trade.
You can still earn #Bitcoin & other crypto without trading.
On the road to 100k#Bitcoinwill market itself to:
• Continue to attract traditional individual investors to pour money into ETF Spot
• Caused financial advisors to start recommending that investors should set aside a few % of their portfolio for Bitcoin
• Causes index investment funds to add Bitcoin ETF to other index fund baskets → investors will invest in BTC without even knowing it 🤷♂️
• Make investment funds outside the US 🇺🇸 fomo and launch ETF Spot
• Causes investors to withdraw money from gold ETF and switch to Bitcoin ETF (they realize that gold ETF takes 2 years to reach 10 billion, Bitcoin ETF only takes 7 weeks)
• Causing the SEC to approve Ethereum ETF Spot this May. Because Bitcoin proves that the demand for investing in ETFs is huge and so successful!
• Makes Asian investors fomo (especially when breaking the old ATH of 69k, soon). Currently, the old people have left the market in 2022 and have not returned and the new people have not yet entered. This increase in cash flow is still only from ETFs and old people "playing together"
• Made MicroStrategy enter the S&P500 list → fomo companies strategies to store BTC on balance sheet
• Making the country El Salvador 🇸🇻 successful in the “first country to store BTC” strategy → other countries will start…
→ Then maybe we will have a super cycle or ATH#Bitcointhis time will be "crazy"
#Write2Eam
• Continue to attract traditional individual investors to pour money into ETF Spot
• Caused financial advisors to start recommending that investors should set aside a few % of their portfolio for Bitcoin
• Causes index investment funds to add Bitcoin ETF to other index fund baskets → investors will invest in BTC without even knowing it 🤷♂️
• Make investment funds outside the US 🇺🇸 fomo and launch ETF Spot
• Causes investors to withdraw money from gold ETF and switch to Bitcoin ETF (they realize that gold ETF takes 2 years to reach 10 billion, Bitcoin ETF only takes 7 weeks)
• Causing the SEC to approve Ethereum ETF Spot this May. Because Bitcoin proves that the demand for investing in ETFs is huge and so successful!
• Makes Asian investors fomo (especially when breaking the old ATH of 69k, soon). Currently, the old people have left the market in 2022 and have not returned and the new people have not yet entered. This increase in cash flow is still only from ETFs and old people "playing together"
• Made MicroStrategy enter the S&P500 list → fomo companies strategies to store BTC on balance sheet
• Making the country El Salvador 🇸🇻 successful in the “first country to store BTC” strategy → other countries will start…
→ Then maybe we will have a super cycle or ATH#Bitcointhis time will be "crazy"
#Write2Eam
#Bitcoin and participation through cycles:
2010-2013 cycle: Programmers
2014-2017 cycle: Individual investors like technology & gambling 😜
2018-2021 cycle: Technology-related companies & investors
Cycle 2022-2025: Traditional financial institutions & traditional investors
Cycle 2026-2029: Innovating Countries archive #BTC
Cycle 2030-2033: #BTC becomes a stored asset in national treasuries (like gold today)
#Bitcoin is the only asset type that goes against other asset types: It is held and used by a small group of individuals and then spreads to the national level!
2010-2013 cycle: Programmers
2014-2017 cycle: Individual investors like technology & gambling 😜
2018-2021 cycle: Technology-related companies & investors
Cycle 2022-2025: Traditional financial institutions & traditional investors
Cycle 2026-2029: Innovating Countries archive #BTC
Cycle 2030-2033: #BTC becomes a stored asset in national treasuries (like gold today)
#Bitcoin is the only asset type that goes against other asset types: It is held and used by a small group of individuals and then spreads to the national level!
2017:
When the market went uptrend, I almost gave up all other jobs -> lost other sources of income because I thought that just income from the#cryptomarket was enough.
But in 2018 and 2019, I had to gradually sell my#cryptosbecause I needed cash to make ends meet.
As a result, when the 2020-2021 uptrend comes, I have to work and accumulate again from the beginning.
Big lesson:
Don't go all in on all your work and income in Crypto. Get and maintain other jobs and sources of income. So when the trend goes down, you won't have to sell crypto assets. On the contrary, you can comfortably accumulate and wait for the uptrend!
When the market went uptrend, I almost gave up all other jobs -> lost other sources of income because I thought that just income from the#cryptomarket was enough.
But in 2018 and 2019, I had to gradually sell my#cryptosbecause I needed cash to make ends meet.
As a result, when the 2020-2021 uptrend comes, I have to work and accumulate again from the beginning.
Big lesson:
Don't go all in on all your work and income in Crypto. Get and maintain other jobs and sources of income. So when the trend goes down, you won't have to sell crypto assets. On the contrary, you can comfortably accumulate and wait for the uptrend!
In 2017, Credit Suisse CEO said #Bitcoin was a bubble. At that time Bitcoin was $7,000. Bitcoin is now $28,000. Now BTC is still here standing tall, and Credit Suisse is... We win again 😝
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