You sold everything. remember? Crypto mixed with FIRE

I have seen the following-for reference I'm 40:

A guy make a million dollars in 2020 then gamble his family's home away (even though it also had a million of equity)

My close friend sell his btc and eth near the bottom, but decide to rent a luxury apartment (his parents live in the same city). 35, no assets now.

My OG friend buy 3 btc at $2,000 each, only to sell them at $8,000. Can never get to that level again.

Me: Sell my condo with a $550/mortgage and $400 month positive cash flow because I had too much debt, only to see the property +90% since then (2020). Can never get that investment again.

If you are heavy into crypto, you most likely have a longer term time horizon, an idea of delayed gratification, and long term investing. HOWEVER, you are also more likely to see huge gains and wealth at a relatively young age.

I think this is a very difficult thing to deal with (first world problems). However, it is an issue.

I highly encourage you to tell no one about your crypto. NO one. Your wife will want to spend it, your boss will hate that you are wealthier than him (who knows, maybe he panic sold), your friends will envy you. It is the natural course. If you need to tell someone, tell them you have 10% of what you actually have.

I have no problems with Ferraris and rolexes-but please, for the love of God, protect yourself. Get a small house. Get solar. Get a small electric car. You have no car bill, no electric bill, no fuel bill, no house bill. You have unlocked freedom.

In fact, you can now easily invest in crashes because you don't need to be short term oriented.

Keep your W2 job. Even if you work in a crazy, dysfunctional environment. I know a guy who walked away out of pride from a job that could have made him easily $6,000 a month. he lived with parents. he wasn't a spender. Imagine after taxes dca'ing $3500-4000 a month. FOR THE LAST 4 YEARS.

Keep your ego in check. This isn't just relative to crypto. The easiest way to get wealthy is to NOT WASH OUT. I know many men who during most of their life made very, very good incomes but leveraged themselves up. They had to restart their entire financial life after 2008. For those in crypto, I know someone who had to restart their financial life after 2017, then again in April 2020.

please for the love of all that is holy stay away from leveraged trading.

P.S. I know a guy who put $2,500 in to dogecoin and it was worth $750k at the top. I own Doge. What shocks me is he didn't take at least 100-200k to buy a house.