Lex8ee

most of us are meant to be someone elses exit liquidity

[Lex8ee @lex8ee]

@Cryptopleb4 @ThanhDidThis Someone needs to tell them Arab marketing team to do a better job smh

[Lex8ee @lex8ee]

@Kabbalito @Cryptopleb4 @ThanhDidThis You need to verify in prder to see the discord channel

[Lex8ee @lex8ee]

@klara_0321 Vcl kiếm việc tử tế mà cày tiền như airdrop chẳng hạn. Cày cái acc này biết bao giờ mới ra được một củ và học được cái mới?

[Lex8ee @lex8ee]

@thanhhu22956699 @NamOK_bnb Defillama

[Lex8ee @lex8ee]

@doanvanduc1102 @NamOK_bnb Con gà ý nói người xem đó

[Alex Becker 🍊🏆🥇 @ZssBecker]

3am. Friday. How You Will Lose All Your $$

After seeing so many influencer (a lot in crypto) implode I felt this needs to be written

If you ever have "success" this will happen to you. It'll hurt. You'll lose most of your $$

Happens to everyone (including me)

Know this 🧵🔻

Money...ALWAYS comes in expanding and contracting waves.

Let me explain how this absolutely wrecks people and how to understand this so you never had "hard times".

AKA you get rich. Stay rich. Continue to grow.

When you make money...usually your first big money you have no reference points to how the game plays over decades.

Thus you assume what you have "witnessed" AKA money consistently trends up. You hit points where you have GIANT gains in business/investing and assume this is your new norm...that you figured out the game.

oof.

Money doesnt work like this. Whenever you have big ups you will naturally have neutral and down periods as well. These are the "contractions".

How does this happen? How Can I Just Not Have "Hard Time" Contractions

You misunderstand. In business many times to go forward you HAVE to go back. You have to "cannabalize" yourself, cash flow and what got you there.

This is healthy. If you try to grind out the trick that got you there...forever...You will trigger a harder "contraction" most of the time than simply going backwards.

^^^This is what most people new to money do. They find something that works, assume it'll always work...then are not prepared for a HARD contraction.

Then that contraction snaps their financial neck.

What Do I Mean? Let's look at the most "usual" case.

A person makes BIG money for the first time.

Because they are a beginner the way they did it is usually RIDDLED with unsustainable flaws.

They also don't understand how to allocate money OR that the money will LIKELY run dry at some point in the future.

They then also don't look into taxes/usual behavioral pitfalls/the fine print on loans & credit/social troubles that come with money.

It's like they got a fast break in hockey and have the ice to themselves for a moment and forget the other team is still there.

Then their method they used to make money hits a bump and they are WILDY out of position when the opposing team arrives.

A smarter more experienced entrepreneur takes their business, their business goes out style, their "bullrun" stops n reverses or just good ol fashion poor choices/allocation etc etc etc

Not only does their cash flow slow down OR they even lose their money/gains (we saw this in crypto) BUT they then run into financial problems.

They mess up taxes. They took to many loans. They piss off the wrong person n get sued.

BUT it even can be from just getting to ballsy. They get WAY to reckless with investing, building businesses, trying to grow to fast.

Then POOF. The hard contraction begins.

They get put in a hard spot AND don't have the funds to get out of it AND they cannot pivot to a new way to cash flow since they are now cash flow poor because they haven't been EXPECTING to need to.

This always happens. If you EVER get UP in money you will hit a slow down or drop...ESPECIALLY when your new to it because your so inexperienced.

Don't worry. This is natural. You SHOULD have periods of feast and famine.

In fact they SHOULD be self induced. Usually when you hit one level in business, you need to pause...Take a step back and invest the cash flow/go cash dry to build your next windfall.

This is what I did with HYROS (Worth 150 mil atm) and I am doing with my start up now.

The PROBLEM is most never expect the famine till it hits.

You should. It'll come.

So what do you do?

1. EXPECT the famine
2. LOCK in the win

You WILL hit a slow down. The more new you are to money the deeper it will be...again... even though you made money you're game & understanding is deeply flawed.

So first thing is first. LOCK IN THE MFERING WIN.

I don't care if you feel gross for being "risk averse" or "not all in".

LOCK IN THE MONEY.

Sell your bags. Sell part of your company. Don't SPEND the money. Stick it somewhere you can get 3-5% on it a year and LEAVE IT.

Why
A) Passive income lets be WAY more aggressive in business
B) You will know how to use this money MUCH better in a few years
C) YOU ARE STUPID. SO VERY STUPID. You do not know what you do not know, expect rain n to make a mistake. Play defense.

Yes...This is way less sexy than "doubling down". But your entire strategy to get here was probably stupid/broken to begin with.

You got a fast break. Take the goal. Go back to the bench and calm down.

THEN : Brace yourself

Your luck WILL turn after a windfall period. You will miss something. You will get slapped in the face. Remember : your new to this.

Then : Look at how you can get to the next level, research what others have done with money similar to yours. USE the PASSIVE income to reckelessly invest in your next "windfall"

AKA : Go back to being poor again. Contract YOURSELF.

Let's say you make 10 mil. Invested at 5% is $500k a year.

You could live like a rockstar...for a time...with 10 mil.

$500k won't even get you a decent lambo. But it can help you build/grow your business with ease.

AKA you'll need to eat yourself. You JUST got rich...and you don't even get to enjoy "the life".

Good. F#$k you. You're not rich. You're just on a temporary high. Lock it in for the coming storm.

Lock it in. Invest passive income into your next thing. More so prepare for something you missed on your fast break to come get you n be ready.

THEN survive this phase and wait for the next windfall. You'll be cash fat, smarter and ready to do 10x the last one.

Then repeat and lock it down again. Keep doing this. Like climbing a mountain, you need to keep locking in your safety ring at every mile stone.

This is how you GET rich and stay rich.

And that is it.

Luckily I was not nearly as successful as I am now when I learned this.

My big mistake wasn't that I lost all my money. Its that my money made me a slave and unable to reach the next level.

In order to keep my lifestyle, I needed to keep doing businesses I didn't enjoy and were not scalable.

I kept trying to do the same thing that got me my first win, eventually it got tougher and tougher.

I also could not invest recklessly.

If I had kept this up...Eventually I would of hit a hard contraction and been in a VERY tough spot and nowhere close to where I am now.

I eventually realized this, sold everything, went all in in software and built a 9 figure company. I made well...a lot...in the bull run.

And...BECAUSE I knew my luck would reverse...I KEPT it. I haven't spent any of it. It's all just generating me a nice passive income that funds my new start up.

My networth is 15x what it is in this picture. Yet here I have a $500,000 car (in pre covid dollars that was a lot) and a $50k rolex sitting in my mansion secured with a loan.

Looks cool, but in reality I was a slave to these things AS I HAD to work to maintain them. They STOPPED me from taking risk. They made me weak...not strong.

ATM my house is paid off, I live passively off my net worth and my biggest expense is daily Jiu Jitsu lessons.

Don't get me wrong. I can spend some money. But I have nothing in my life I cannot easily maintain. It does not own me like before.

In Conclusion

I've seen so many in business and crypto make a lot...Then not lock it in n contract WAY hard than they need to.

There will always be tough times. Minimizing the tough times is JUST as important as maximizing the good times.

Don't get cocky boy. You might of won the first round...but life has a lot of rounds and your opponent (you & your ego) has every tool needed to take you out if you stop fearing and respecting them.

[Lex8ee @lex8ee]

@0xMerp Yes

[Lex8ee @lex8ee]

@0xMerp Go hit the gym in ‘nam

[Lex8ee @lex8ee]

@sneako Based

[Lex8ee @lex8ee]

@0xMerp Ah i know this place. Pham Hung strt

[Lex8ee @lex8ee]

@jphake89 Làm tổng kết 5 năm chơi crypto nạp vào 1 tỷ 4 rút ra 700 tr 🤡

[BarryB ✍️ @BarryBluee]

I made half of my yearly salary in a few days on @friendtech

A step-by-step on how I did it 👇

And why you might still be early 🕔

[Lex8ee @lex8ee]

@FutureOfETH Send this

[Sol Degen @OracleArmy]

@DannyCrypt @FutureOfETH $ETHF
Dev is anon. But his wallets connected to major successful projects like #Kishimoto that did 100s of mills.
Dev funded deployer with 645 $Eth
Who does that?
Clearly here to make this the #NextBigStar #1000XGEM
0x730f8c56c709c5f5b4a6e91f98fa7a7c410e990d

[Lex8ee @lex8ee]

@FutureOfETH $ethf

[Lex8ee @lex8ee]

@FutureOfETH Pump êt

[Ether-Futures $ETHF @FutureOfETH]

Be not misled, the truth will always prevail. Remember, I am watching.

The moment you are waiting for approaches even in the darkest of hours.

$ETHF

[Matt Wallace @MattWallace888]

🚨 VIDEO ALERT: Maui Residents Chant “F*CK YOU” to Joe Biden As He Finally Shows Up 13 DAYS After The Fires ⚠️

[Lex8ee @lex8ee]

@FutureOfETH Based