1) I have a dodgy relative who was always looking for a quick way to make an overnight fortune. Naturally, he was the first person I knew who was into Bitcoin. By September of 2017, he and his wife went from being the friendliest relatives in the family, always looking...https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">

2) ...to network with family and friends to sign them up to various schemes, to moving across the country and loudly announcing that they bought a 6 million dollar home...

3) By the summer of 2018, they were moving from Airbnb to Airbnb along with their little kids, no longer so loud about their great fortune. Here’s what I learned from observing their journey from afar and from The Market Wizards series:

4) Take a good look at your financial needs and goals, short and long term. Yes, generational wealth is most effectively earned by identifying buy-and-hold-for-as-long-as-you-can type assets. But have a plan in place before and during a bull run and have the discipline...

5)...to dollar cost average out a chunk at a time as you meet your short and long term goals. Human nature makes it incredibly difficult to sell a rip roaring winner. To the moon! But I say make peace with knowing that it’s near impossible to catch bottoms and tops...

6)...so know what range of wealth you will be grateful for and will have no regrets about, even if you miss out on a bull run top by a face-melting parabolic rise. If you’re already up 5-10X on an asset and transfer into a conventional ETF that you know will...

7)...pay you a steady 50K annually with the principal largely intact and rising slowly over time, and you are able to do this with 3-5 tranches of assets, will you have regrets in creating what amounts to an annual pension of 200-300K in perpetuity?

8)For the record, I feel we have a healthy net rise ahead of us into the end of the year, possibly into 2022. But I am at peace in converting my kids’ education fund into enough fiat for them to get as much education as they will ever want. Their account might miss out on...

9)...another 5-10X, but I believe I will sleep better knowing that in the event of a black swan sighting, I’ve done more than my duty as a parent in preparing the resources they will need to get the education they want.

10) Bottom line: have a plan based on needs and goals, and have the discipline to execute on that plan. The months and years ahead should be epic for $GLXY, $BTC, $ETH, and $LUNA! https://abs.twimg.com/emoji/v2/... draggable="false" alt="🚀" title="Rakete" aria-label="Emoji: Rakete">https://abs.twimg.com/emoji/v2/... draggable="false" alt="🌖" title="Abnehmender Dreiviertelmond Symbol" aria-label="Emoji: Abnehmender Dreiviertelmond Symbol"> And as @novogratz has said, you’ll never regret buying your family a beautiful house. https://abs.twimg.com/emoji/v2/... draggable="false" alt="🙏" title="Gefaltete Hände" aria-label="Emoji: Gefaltete Hände">