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RE: Mindsets

in LeoFinancelast year

That mindset of chasing 100X returns rarely builds a solid foundation unless one is extremely wise and lucky about it. Thinking long term is always the better route in investing, focusing on a few projects that have good fundamentals. These are usually the biggest winners in the long term.

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Warren Buffet is known for investing in stocks that were undervalued by the market, but even if he might have made 100x or more on some stocks over time, that wasn't his goal. He was looking for companies with growth potential, a unique product, and a good return per equity over years.

Even if he doesn't like crypto, someone who consistently made 20%+ returns regardless of market cycles for a long time is worth learning from.

Right. I think he understands well the fundamentals of investing and this can be applied to a certain extent in the crypto space.