Crypto is either going to zero or going to the moon. Your investment mindset should be that of, whatever I invest in crypto, I am OK losing. I will not lose sleep over it and it will not change my life, and I understand it could very well go much higher than it is. Listen to this episode for more behind the FTX crypto exchange filing for bankruptcy and how to think about crypto moving forward.
Timestamps:
- [0:39] FTX going bankrupt and the crypto craze.
- [3:24] Wealth depends on your financial literacy.
- [5:45] Be okay losing what you put into it.
