Becoming a crypto millionaire is tangible, but are you taking the steps in the right direction to make this a reality for YOU? In this video, I’m going to divulge to you my top 3 tips to becoming a crypto millionaire, so you can start making the right decisions to maximize your gains and minimize your pains.
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0:00 Intro
2:04 Take Profits
5:19 Set Limits
8:57 Don’t Buy Hype
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Thank you [Music] Foreign [Music] Crypto my name is Ben today we're Talking about the top three things you Need to know In a millionaire mindset To be able to become a millionaire in Crypto we're I'm of course on the Rogue Caribbean Independence of the Seas we're Getting ready to go on the bit boy uh Pluto Alliance Cruise here in just a Little bit uh we are here Um you know this is not the Bahamas this Is Port Canaveral but we're really Excited about that and I want to talk to You guys about what what it takes to be A millionaire in crypto now trust me I Know how to do it how do I know because I made well over a million dollars in Crypto now I was out of flex now I'd say What my bigger Flex is my bigger Flex is That I actually lost all my money twice In crypto two times it took me Nine years to become a millionaire in Crypto all of you think you're going to Just start today and tomorrow you're Going to be rich guys that's not how it Works it's a slow grind and that's what We preached you on this channel is Be relentless grind make it happen it's Not going to be quick let me tell you Something I know about people that make
Money overnight and crypto become Millionaires overnight in crypto they Lose it all they lose it all go go look At your Dogecoin millionaire guy you're Guys down to about nothing okay now he Might be going back up a little bit but The fact is the guy was an idiot I'm Sorry it just was no I've been an idiot Too I'm not trying to judge him I'm Saying I certainly made a bunch of money In crypto and held it all the way to the Bottom too before but we didn't do that This time why because the number one Thing you have to know in crypto To be successful to become a millionaire From somebody who is on my second decade In crypto this is my 11th year in crypto Is take freaking profits take your Profits when you get them and I know It's a little hard to understand right When we're talking about Bitcoin going Up to 100 120 000 whatever it might go To some people were saying much higher Than that and you see Bitcoin pump from 15K to 30k and you say well What's going on here like should I take These profits or should I be happy with This 2X or should I hold to the top guys Crypto is never a straight line it's Never up only it's always a stair step Okay so what you have to do is you have To figure out How to take these profits now let me Tell you in my opinion the best way to
Take profits is you're heading into a Bull run okay which I believe we are Heading into the next two years I don't Think we're going to 100k this year or Anything like that I think it's probably Going to be end of next year before we Hit 70k but it certainly could happen Faster than that those are just my Personal opinions not Financial advice Of course no this is financial advice Why Because I don't know I don't like giving Financial advice maybe legally I can't I Don't even know I'm not sure what the Law is but here's the thing The best way to handle this is when You're invested in let's say an altcoin Especially and the price goes up let's See it goes up 20 30 40 50 maybe even 100 take your freaking profits don't Take all of it out uh my friend crypto Wendy oh Um you know we have our forever Frenemies podcast coming out soon Um she always likes to say get yourself A moon bag so what does that mean well That means if you put five thousand Dollars into a coin or 500 whatever it Might be put five thousand dollars in a Coin at two x's and now you got 10x or Excuse me now you have ten thousand Dollars take five thousand out put it to The side now you're only playing with House money in that coin and I would
Suggest doing have to leave that whole Five thousand dollars in right I mean You certainly could leave in a smaller Amount and take more profits now what do You do with those profits that's the Question well if you have something if You have a goal you have something you Need money for then take it out but if You're looking to stay in the market Over the long term what you have to do Is you have to sell your profits on a Coin when it's in the green and then go Find a Coin that's been struggling but It's a major coin like take algoran for Instance I I don't know what Al Green is Doing recently but what I do know is Al Gran at one point was only 95 in this Bear Market it's down massively you look At it's some other coins they haven't Gotten down nearly that far you know Bitcoin ethereum I think both fell about 70 or 75 somewhere around there for Instance so they're already making big Moves take those profits from a coin That pumps and put it into something That's struggling that you know has Long-term potential or at least Potential over the Bull Run I'm not Talking about take your profits and put It in a mean coin or put it in coin 742 On coin market cap no no you take your Profits from a good coin Put them into a coin that's struggling And so what you're doing is you're
Protecting yourself because is your coin Is in the green there's no doubt it's Going to retrace Especially you should be listening to This if the coins that you like Um if the coins you like uh are pumping When nothing else is you need to pull That money out uh immediately okay Number two thing okay now this is going To sound a little interesting here okay Set limits set up orders for yourself Set guard rails for yourself and stick With them this is something that so many People struggle with okay now first and Foremost thank you for our sponsors take Right set limits make sure you set Limits where you go play on stake play It recreational play recreationally you Want to get to a place where you make so Much money if you like the game I like The game on a budget I like the game Okay if you do then you should do it for Fun I'm here on the casino or the the Cruise I'm gonna go play some casino Games tonight because I like to do it It's fun that's that's one thing I enjoy I don't I don't drink I don't smoke I Don't do drugs I don't do any of that Stuff so what I like to do I like to Gamble I'm sorry it's just my thing so Thank you to say for Um you know sponsoring the channel you Guys can sign up we've got some links on Twitter we go to twitter.com it's the
Best place to find a tweet uh you can Check out pit bullheaders who are crypto There and sign up as you guys know all My insults and burns no sponsored by Something okay so point is speaking of Gambling it's the same principle you Gotta set limits for yourself now if you If you have Bitcoin and you say oh well I'm gonna take profits on bitcoin when It's 50k when it is 50k you actually Take the profits this is the number one Thing that cost me money early on in my Crypto career was not doing this right Set cultures also when I started my Crypto Channel okay this was this was The end of my second Bull Run in crypto Um just getting ready to lose all that Money again at this point in early 2018 And uh you know I I decided to go full Time in crypto and note in August of That year and I told my wife I said look Here's what I want to do I want to buy a House with cash I'm tired of living with A mortgage tired of living paycheck to Paycheck I'm gonna buy a house with cash And we won't have a mortgage it's gonna Be amazing okay Year and a half in She thinks I'm crazy she thinks it's not Going to happen and I told her I Convinced her that it was still going to And you know what happens Bull Run Starts D5 summer starts 2020 and before You know it I crushed it
We bought a house it was three hundred Thousand dollars which is a decent sized House where I live in the Atlanta area Okay I know if you you live in San Francisco you're thinking you about a Shack You bought a spot on the sidewalk next To that kidder.com Okay it was a nice house it's like 3000 Square feet and you guys realize to buy That house I had to take out most of my Crypto I had to cash out most of my Crypto at that point most of my crypto Now granted the rest of that year was Crazy and by December 31st that that Year in 2020 I had hit a million dollars For the first time ever so it paid off But it was a big gamble for me it was a Big risk to actually have that have that Go and then actually pull the money out To a separate thing now if I would have Left the money in there what would have Happened it would have went up a lot it Would have made a lot more money than I Did but here's the principle I set a goal I settled I said something I wanted to do and when I had the money To do it I did it okay and was it the greatest Financial decision Probably not however was it a better Financial decision than sitting on to All the crypto and watching it go to Zero in the next bear Market which I
Might have done absolutely you have some You have some skin in the game and then You've got something to show for your Your time and effort okay so set goals Set limits whatever it is whatever Amount of money you want when you get There don't get greedy that's the key Okay don't get created number three the Last thing I want to tell you guys is Don't buy hype like this is a big Problem in the world of crypto and Certainly you go back to the last Market I was certainly guilty of a of falling Into this thing where coins are hyped to Me and I'm thinking oh man this is Getting so hype right now like man I Need to tell my audience about I need to Buy it guys when the hype Is at a fever pitch for any coin or any Industry That's not the time to buy let's take AI For instance AI was at a fever pitch About a month and a half ago and then You know what happened It retraced and then it provided a good Opportunity so when you're looking at These hype coins what you should be Looking for Are good opportunities that come with Retracements from coins that have hype Now you got to learn the difference Between a retracement and a falling Knife falling knife is something that Really has no value and it's just going
To go down very significantly and you're Going to try to catch it on dips it's Just going to keep falling if you stick To investing and what is legit what is Good what has value what has use case What has utility then you're probably Gonna be okay All right guys that's all I got thank You so much for watching be blessed I'll Be back next week [Music] Foreign [Music] [Music]