Course:
Money
Explanation:
In traditional finance, discretion is key. Wealthy individuals often create trusts or use legal loopholes to protect their assets and identities. Similarly, in crypto, privacy-focused coins like Monero and Zcash allow you to make transactions without leaving a trace. Staying invisible keeps your wealth protected from opportunists and regulators, and it also helps you avoid the temptation of showing off—a move that can quickly backfire.
Crypto Connection:
Bitcoin’s pseudonymous creator, Satoshi Nakamoto, is the perfect example of invisibility. By remaining anonymous, they avoided legal scrutiny, personal attacks, and market manipulation, allowing Bitcoin to grow organically. Privacy is more than just a personal preference in crypto—it’s a survival tactic.
Explanation:
Whether you’re investing in stocks or accumulating Bitcoin, keeping your moves quiet can prevent others from exploiting your strategies. In traditional finance, broadcasting your moves can lead to competitors getting ahead of you, while in crypto, revealing your trading intentions opens the door for bots and large players to manipulate the market. Moving silently allows you to stay ahead of the game.
Crypto Connection:
Think of the early adopters of Ethereum who quietly bought in during the ICO (Initial Coin Offering) stage. By not making a spectacle of their investments, they were able to accumulate a significant amount of ETH before the rest of the market caught on.
Explanation:
In traditional finance, the wealthiest individuals often avoid the limelight. Fame comes with risks, and in crypto, it can be downright dangerous. Publicly flaunting your crypto holdings on social media makes you a target for hackers and scammers. The best move? Stay out of the spotlight and let your wealth quietly accumulate.
Crypto Connection:
Look at Bitcoin billionaires like the Winklevoss twins. Despite their enormous wealth, they keep their personal lives low-key and avoid broadcasting their holdings, understanding the risks of being too visible in the crypto world.
Explanation:
Building wealth isn’t a solo endeavor—you need partners. But in both traditional finance and crypto, the wrong partner can sink your ship. Partnerships based on shared values and mutual respect are key to long-term success. In crypto, where scams and fraud are rampant, finding people you trust is essential to avoiding pitfalls.
Crypto Connection:
The Ethereum Foundation, a decentralized group of developers, works together based on a shared vision. They’ve succeeded in growing Ethereum into one of the most important blockchain platforms because they trust one another and stay focused on their shared goals.
Explanation:
In both traditional finance and crypto, the markets are unpredictable. But those who maintain patience, stick to their strategy, and have faith in the long-term potential of their investments often come out on top. Crypto is especially known for wild price swings, but those who believe in the underlying technology of blockchain understand that temporary downturns are part of the game.
Crypto Connection:
Early Bitcoin adopters who held through numerous crashes saw incredible gains. Similarly, those who invested in Ethereum when it was just a few dollars and held on have reaped massive rewards. Patience isn’t just about waiting—it’s about trusting your instincts and sticking with your plan.
Cause: Publicly sharing your financial moves.
Effect: In traditional finance, this can attract competition or scrutiny. In crypto, it could lead to hacking, front-running, or manipulation.
Challenge: Navigating the volatile crypto market.
Solution: Patience and faith in the long-term value of blockchain technology. Don’t get swayed by short-term price fluctuations.
Challenge: Avoiding scams in the decentralized world.
Solution: Form alliances with trustworthy, like-minded individuals and projects. Do your research.
This lesson not only prepares you to navigate both the traditional and crypto financial worlds but also empowers you to do so with confidence, strategy, and wisdom. By staying invisible, moving in silence, and choosing your partners wisely, you can set yourself up for lasting success in the evolving world of wealth-building.
This lesson explores key principles of wealth-building, traditionally tied to finance and business, and how they translate into the world of cryptocurrency and blockchain. The focus is on understanding why strategies like maintaining a low profile, moving in silence, avoiding fame, and building trustworthy alliances are crucial for financial success, both in traditional finance and the crypto ecosystem. By applying these time-tested concepts, beginners can learn how to navigate the volatile and rapidly evolving world of crypto while making smart, long-term investment decisions.
Invisibility:
Move in Silence:
Credit and Recognition:
Honor and Strategic Alliances:
God and Faith (Patience in Strategy):
Key Points:
Explanation:
Whether in traditional finance or crypto, keeping a low profile prevents unwanted attention. Wealthy individuals in traditional finance often use legal tools like trusts or shell companies to obscure their wealth. In crypto, where security is a significant concern, anonymity is vital. By staying “invisible,” you reduce the risk of being targeted by hackers, regulators, or competitors.
Crypto Connection:
Privacy coins like Monero and Zcash are examples of cryptocurrencies that prioritize user anonymity. Many successful crypto investors operate under pseudonyms, and it’s common practice to avoid revealing personal holdings or strategies publicly.
Key Points:
Explanation:
In traditional finance, those who reveal their strategies early risk competitors copying or undermining their plans. In crypto, the risks are higher due to market volatility and the presence of “whales” who can manipulate prices. Quietly buying into a project or accumulating assets without drawing attention is a key strategy for success.
Crypto Connection:
Decentralized exchanges (DEXs) often deal with front-running, where automated bots execute trades based on insider knowledge. Keeping your moves silent helps you avoid being outmaneuvered by bots or large investors.
Key Points:
Explanation:
Many assume wealth requires fame, but this is a misconception. In traditional finance, the richest individuals are often those who operate behind the scenes. In crypto, the risks of fame are even greater. Publicly sharing your holdings or successes makes you a prime target for cyber-attacks, scams, and phishing schemes.
Crypto Connection:
The anonymous creator of Bitcoin, Satoshi Nakamoto, is a prime example of invisibility. By remaining anonymous, Satoshi avoided both legal scrutiny and personal attacks, allowing Bitcoin to grow based on its merit.
Key Points:
Explanation:
In both traditional finance and crypto, forming alliances based on mutual respect and shared goals is essential. In traditional business, partnerships built on honor often result in long-lasting success, while in crypto, the decentralized nature of the industry requires you to be cautious of who you work with. Scams and fraud are more common, so trust is key.
Crypto Connection:
The Ethereum Foundation and its decentralized network of developers provide a great example of how alliances based on shared values can create long-term success. Despite differences, the core team remains focused on their shared vision of decentralization and innovation.
Key Points:
Explanation:
In both traditional finance and crypto, patience is key. Whether waiting for stock investments to mature or holding through crypto’s market cycles, success takes time. Many newcomers to crypto fall victim to panic-selling during market downturns. However, having faith in the long-term vision of blockchain technology can yield significant rewards for patient investors.
Crypto Connection:
Bitcoin’s rise from a few cents to tens of thousands of dollars is a testament to patience. Those who believed in its long-term potential and held through numerous crashes saw tremendous returns. Similarly, early Ethereum investors have benefitted from holding long-term through market volatility.
Cause: Revealing wealth or strategies publicly.
Effect: In traditional finance, this may lead to envy or theft. In crypto, it can lead to hacking or market manipulation.
Cause: Building alliances based on shared values.
Effect: Trust and mutual benefit in both traditional and crypto markets create long-term success and stability.
Challenge: The temptation to flaunt wealth in both traditional finance and crypto.
Solution: Understand the risks involved and focus on long-term security over short-term recognition.
Challenge: Navigating the volatile crypto market as a newcomer.
Solution: Practice patience and avoid making emotional decisions during market downturns. Focus on long-term value and growth.
How can staying invisible in the crypto world protect you from potential risks, like hacking or scams?
This lesson bridges the traditional financial strategies of wealth-building with the innovative world of cryptocurrency, providing beginners with actionable insights for navigating the crypto landscape securely and successfully.
Sometimes people ask me how to become famous to get rich from zero, fast. They think you have to become famous, like Grim. Most famous people are slaves; they have to say what they are being told. The absolutely rich are invisible. This way, no one can control them.
If you are young and hungry and want to become rich and influential, do not try to become famous. Stay in the shadows, like this young friend of mine. Let me start with one small detail: he has a million subscribers on YouTube, but no one knows his face.
Number one: stay faceless. Poor people chase fame. They think the rich are on social media, showing their lifestyle and wealth, so they copy them. Big mistake. The super-rich don’t consume; they don’t show off. They don’t want to stand out. If you are invisible, you are untouchable. I am showing my face, but I’m still invisible because I’m not a person—I am a mask for those I represent: the Grim, those in the shadows. This is real power. If you are faceless, if you are behind the mask, you have fewer enemies, fewer evil eyes, and you are unconsolable, like my brother.
Number two: always move in silence. Broke people talk too much. They openly share their goals, plans, and next moves. But real wealth moves in silence. When you make moves in the shadows, they cannot anticipate what is coming. They cannot stop your plans. I remember when I made a plan to take over YouTube. A few months later, I had a million subscribers. No YouTube experience, never even showed my face. This is what happens when you strategize and make moves in silence.
Number three: never take too much credit. Most people want praise when they work, and that’s why they cannot work in silence. Pathetic. If you work, don’t look for recognition. Compliments don’t make you rich; they only feed your ego. Let other people have the credit, the attention, the praise. You just keep your head down, observe, learn, strategize in silence until the time is right to strike. Honor will come.
Number four: never forget God. When you build in silence, you may feel lonely, you may feel like giving up. That’s when you have to remind yourself there’s always someone on your side—God. Never lose hope. Keep building in silence, and when your time comes, when you finally become successful, remember who helped you get there.
And finally, number five: if you want to be successful, you have to surround yourself with other successful people. But remember: never form alliances with people who have different values than you. Short-term gains will become long-term losses. Find people of honor; they will be partners for life, and so will their children to your children. People without honor can never be good partners. Be honorable.