“# 1 Rule in Crypto Investing! (Important!)” on YouTube

I don’t normally watch videos that have this kind of description when I come across them, but this time I was curious to find out what this girls “#1 Rule in Crypto Investing” was.  I’ve got to tell you that I totally agree with her.

She is right that people are generating a lifetime worth of wealth, and even generaions worth of wealth.  I should know, because I am one of the ones who have generations of wealth in just 11 years of investing in bitcoin.  My parents and my younger brother wont have anything to worry about financially for the rest of their lives.  And my brother is only 14 right now.

She is correct in saying that the purpose of investing is to live our lives as richly as possible for the short amount of time we have to live, which can come to an end at any moment.  Hey, I could get run over by a Metro Bus tomorrow!

When I first got into bitcoin in 2011 I mainly did it as a gimiky thing, but I saw the potential.  So I put in enough ($10,000) that if it fell flat I wouldn’t lose everything I had.  Then I sat on it for years! 

I watched as the price of BTC climbed over $100 making me a millionair and pretty much freaking me out at the same time.  I watched then as it rose to over $200, $300, $500, $1,000!  I was now worth $10M.  Fuck Me, somebody pinch me!  But since I could tell that BTC was still on the rise, I stayed in, not taking out any of that profit that I had made. 

I actually didn’t make my first bitcoin sell until December of 2017.  It had just hit $19K and I couldn’t feel that it was going to hit 20.  There was just NO WAY!!  And I’m glad I did. 

I didn’t get back into the market until July of 2019.  All that while it just kept going down, and down, and down until I almost figured that bitcoin had been a one time fad.  But then then the more I read about it, and watched videos from respected investors, I came to belive that it was going to be MORE than just a fad, but an actual way to do business. 

Believing in it is something I’d done since my first purchase back in 2011.  Sure, I thought it was a gimiky thing, but I could understand the premise behind it.  By the time I was working for a bank just after high school for about six months, I understood why bitcoin wanted to be decenterilized and not be controlled by a bank.  Banks had to many rules.  They watched where your money was coming from and going to if you had a transaction over $10K.  They could freeze your accounts, they had way to many fees, and they dictated who could borrow money or not.  It was not a very friendly system, and I left.  Hello Pizza Hut!  LOL

The funny thing about working at the bank and at Pizza Hut is the fact that at the time I really didn’t realize that I didn’t have to.  I was already a multimillionaire several times over and here I was still living at home (didn’t move out till I was 23), and working a minimum wage job (with good tips), living paycheck to paycheck.  Is that just stupid or what?

That came to an end in 2017 after that first sale and realized what I’d been doing. I gave the PH manager a 30-Day Notice just to be nice since I did like the job, and began looking for a decent apartment not to far away from my Mom and Dad and little brother who was 10 years old at the time.

I know I could have bought a house at that time, but I wasn’t ready to be a home owner quite yet. I didn’t want that much responsibility, plus at that point I hadn’t told Mom and Dad how much I had in my bank account. They just agreed that it was time for me to get out on my own and make the world happen. So I ended up in a very nice building in a two bedroom with a spacious kitchen and dining area, a great view overlooking a big park next door, and a pool.

I know it was at that point that my parents figured out that something was up because they knew I left PH, but hadn’t gone back to work anywhere else yet. They knew though that I had built up considerable savings from my years as a model that Mom got me into when I was 10, and from when I did some more exotic work as an Escort from when I started that at 17. Yes, Escort does equal high end male prostitute for those that were wondering. Parents weren’t happy about that one of course, but they knew I was an adult able to make my own choices.

From the sale of BTC in 2017, I didn’t buy back in until July of 2019. Since then I’ve sold and bought back in twice more. It’s the old Sell-High/Buy-Low game. And from what I read about, and you’ll see posted here in future posts, this is going to continue, I don’t care how much I end up paying in taxes. It will be worth it.

But what I have done with my profits so far, you ask?

• I’ve bought a very nice, spacious, but not overly gaudy house for a modest Los Angeles price. Yes, it does have a pool in the back yard.
• I’ve moved enough from the bitcoin account to a regular investment account with stocks, bonds, funds, and minerals to support me with just interest for the rest of my life should crypt collapse.
• I’ve started a fund that pays out to my parents so they have enough to do what ever they want for the rest of their lives.
• I’ve also started a fund that will start paying out to my brother after he graduates high school, but isn’t going to make him a “trust fund baby” either.
• I’ve also hired a cute Poolboy to come over every week to make sure my pool stays crystal clear and ready for use 24/7. There is a lot of work that goes into that.
• And of course I’ve gone on a few shopping trips to update the wardrobe basic WalMart style clothing (not that there’s anything wrong with that) to more Hollister, A&F, Express, and of course Versace.

What kind of plans do I have for the future?

• I want to go on cruises. I see Carnival has finally launched the worlds largest cruise ship.
• I want to travel by train across the country.
• I want to visit all of the MLB and NFL stadiums.
• And I want to visit all 50 state capitol buildings
• Those are just the starters.

Yes, I also do plan on sharing the wealth as well. There is no way I’m holding on to all this to be buried with it. There are tons of good places and people that need assistance, and I’m going to be glad to help out.

So yea, no matter what you are invested in, how long you’ve been invested for, or how much you’ve gained with your investments, don’t forget to take some of those profits and be good to yourself and others. Like I just said above, you can’t take it with you.