Why The Rich Keeps Getting Richer Even In Crypto

I’ve been doing a lot of thinking and research on the pharse:
”the rich keeps getting richer.”
The more I looked into it, the clearer it became.

1. In Traditional Finance (TradFi), the wealthy gets;
   • Early access to IPOs
   • Exclusive hedge fund returns (20%+ yearly)
   • Insider info

By the time information gets to the average person, it’s usually too late. Everyone else is left holding the bag. (I’m dropping that bag for y’all)

1. Crypto leveled the field for a while.

• At 2013, Bitcoin was at $100, today at $112,000 (+110,000%).

• At 2015, Ethereum was $0.75, today at $4,600 (+720,000%).

• At 2020, Solana was at $0.77, today at $202 (+26,000%).

These weren’t closed door deals, they were open to anyone who had internet access.

So why do the rich keep richer even in crypto?
2 reasons

1. Capital Difference:

• 1M in ETH at $0.75 is $6.1B today.
• $1k in ETH at $0.75 is $6.1M.
Same percentage growth. Very different outcomes.

1. Patience:

Whales can hold through many years of ups and downs.
Small investors often panic sell, or need cash.
BTC dropped -80% in 2017 to 2018, the patient got rewarded.
Crypto punishes panic. Rewards conviction.

What I’ve Learned.
• Be consistent - stack sats and tokens regularly. Small, steady buys beats emotional moves. (I learnt this from my time on INLEO platform).
• Use yield opportunities - Staking, Liquidity Pools, dividends. Let your assets work for you.
• Stay disciplined - Don’t sell to soon because of fear or noise.

Here’s the hard truth:
Not everyone can watch a coin drop -60% and stay calm.
This is where conviction comes in, know what you hold and why.
Some people don’t have a mind of their own. They chase hype, ask endless questions, and get lost in other people’s opinion.
If you don’t believe in an asset, don’t buy it.
If you buy, then hold it with conviction.

Which brings me to $LEO today
It’s always important to make your research regardless of all the noise.
Don’t let FUD or hype dictate your conviction.

The rich gets richer but Crypto gives everyone a chance to, if you’re smart, consistent and willing to wait.
It’s not about how much you start with but how consistent, disciplined and convicted you are.
Crypto rewards time+conviction.

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Image source

Posted Using INLEO