In a BitBoy Crypto video, Ben explains the three things that one needs to have a millionaire mindset in the crypto world. Firstly, taking profits is crucial to becoming successful in crypto. He advises setting limits and taking profits when you reach certain goals. Secondly, he advises setting up borders and sticking to them. Finally, Ben suggests to diversify your portfolio and put profits into struggling coins with long-term potential. Ben himself has been in the crypto industry for eleven years and claims to have made over a million dollars from his crypto investments.
Welcome to BitBoy Crypto!
My name is Ben and today, we’re discussing the top three things you need to know about having a millionaire mindset to become a millionaire in crypto. Currently, I’m on the Royal Caribbean Independence of the Seas, getting ready to embark on the BitBoy-Pluto Alliance cruise. I want to talk to you guys about what it takes to be a millionaire in crypto.
Slow and Steady Wins the Race
It’s imperative to understand that becoming a crypto millionaire is a slow grind. I know this because I’ve made over a million dollars in crypto, but I lost all of my money twice in crypto. It took me nine years to become a millionaire in crypto. Do not expect to become rich quick overnight.
The number one thing to do in crypto to become successful and a millionaire is to take profits. Crypto is never a straight line, and it’s crucial to understand that it’s always a stair-step. When you’re invested in an altcoin, and the price goes up, take your profits. Don’t take all of your profits out; always leave some in. The best way to handle this is to sell your profits on a coin when it’s green and find another coin that’s struggling but has long-term potential.
Set up borders for yourself and stick to them. One of the essential things to do is setting limits. If you say that you’ll take profits from Bitcoin when it hits $50K, then actually take the profits from Bitcoin when it hits $50K. Set goals for yourself and stick to them.
In conclusion, to be a millionaire in crypto, it takes determination, research, and a millionaire mindset. Remember, take profits, and set limits. Slow and steady wins the race.