RE: Bitcoin macht reich/ Bitcoin makes you rich
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If I become a crypto millionaire, it will be through riding the cycles well; I do not think it will be in one cycle or one crypto because I keep my eggs in a few different baskets and they are small ... I do not start as a rich woman! But the patience and courage I have learned through crypto investing serves me well in all markets, and has allowed me to fellowship with like-minded people with excellent ideas. In the long run, if I become a millionaire, that will be why.
However, it is equally likely that I will never have a million sitting around ... I am generous of heart, and would sooner be the conduit for a million to go through to good causes than to hold on to it ... and the beautiful thing about becoming good as an investor is exactly that: money grows in motion.
Yes, I see it the same way as you. At first, I was too broadly diversified, but in this cycle, I'm concentrating my investments on fewer cryptocurrencies.
I also think that money strengthens character traits. Financial freedom also gives you the opportunity to do more good. And society will thank you sooner or later.
It is true that money strengthens character traits, but that cuts two ways: it helps to have good character traits first, and then the rest of what you said there follows in due time.