CryptoForever

The most uncomfortable reality of crypto investing
10% loss → +11% to break even
20% loss → +25%
30% loss → +43%
40% loss → +67%
50% loss → +100%
60% loss → +150%
70% loss → +233%
80% loss → +400%
90% loss → +900%
97% loss → +3,233%
98% loss → +4,900%
99% loss → +9,900%

True 😂

ZEC holders right now 😂

When Charlie Munger buried his 9-year-old son, he had nothing left.
He watched his child die from cancer, while worrying about how he would pay the hospital bills.
Divorced. Bankrupt. Grief that would have finished most men.
Munger was 31. He went back to work.
Started again as a lawyer. Made some money. But he was trading hours for dollars. So he became obsessed with investing: small real-estate deals, private investments. They told him he was a lawyer, not an investor. To stop taking on risk.
He'd already lost everything once before.
He knew: Comfort isnt a solution to pain.
Getting s

There is a trader who ran an account from $10,775 to $42,000,000 in 23 months. During that run he set the record for the single biggest return in a year. 29,000% ($18,000,000).
He had something like a 40% win rate, risking 3-5% per trade. He made that money trading a strict mechanical setup over something like 1,000 trades during the dot com bubble.
His name is Dan Zanger. He sold his car to fund his trading account. He recognized that with the positive expectancy the only rational thing to do was ruthlessly exploit his edge every chance he got and compound his capital as fast as the math

Degens with $500 portfolio monitoring the market situation

Every Bitcoin holder right now

"The first rule of compounding is to never interrupt it unnecessarily."
— Charlie Munger

He bought Bitcoin in 2013 and today he is worth $312M
$BTC ‌