Why crypto, for most of us, won’t make us rich (and why that’s fine).

Greetings from Portugal.

I know probably heard this before, but it's not something that people hear enough. Well, because people don't like to hear it. It's much more fun to binge watch videos or read books that promise that if you do this, you will be rich. It's easy to see the appeal.

But, as my experience in cryptocurrencies there's no such thing as 1000x in a few days coins that aren't scams. Yes some of us bought safemoon in the beggining and sold near ATH, but 99% of the other investors lost money.

And for the legit currencies that can do 1000x, like BTC or ETH 8 years ago, you will probably sell before becoming millionaire. And my point is that's fine and maybe the right thing to do.

Think about it, you bought BTC at 1 dollar. After so many years facing bulls and bear markets, the FOMO/FUD...you will call it a day and sell, and having some money that can change your life, but not millionaire.

Even if you take some 100x profits, there is the lifestyle inflation. You should, ideally, earn more money as you get older and advance in your work because you'll have more responsibilities and experience. That isn't always how things turn out. But for the majority of people, this is their professional strategy. When you're a broke college student, sharing a house and a car is fantastic, but once you have a family and a career, you'll want your own home and a reliable vehicle to get you to work and your children to school. You will require nice suits if you are fortunate enough to be promoted. the larger home and the imported vehicle for your reserved parking space at work.

I would love to ear the community thoughts on this!

Thanks!