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Learning Crypto with /sense
Secrets of crypto millionaires :
Crypto millionaires diversify, but not too much.
Youâve probably heard âdiversify your portfolio,â but in crypto, the wealthy investors donât spread across dozens of coins.
Instead, they usually hold just a few strong positions.
Hereâs why đ
Because Most Coins Donât Survive
Letâs be honest, the crypto market is full of hype.
Thousands of tokens launch, but 90%+ die within a few years.
Millionaires understand that:
âOwning too many coins means owning too much garbage.â
So they focus only on high-conviction projects, ones with:
Strong fundamentals (real utility, adoption, or revenue),
Active development and ecosystem growth,
Deep liquidity and staying power.
Example:
They might hold Bitcoin, Ethereum, Solana, and one or two emerging plays, not 50 random altcoins.
They Invest in What They Understand
Crypto is complex. Each blockchain has different tech, use cases, and risks.
Millionaires donât gamble, they study and only invest where they have deep conviction.
â If you canât explain what the coin does in one sentence, donât buy it.â
Itâs not about owning everything, itâs about knowing why you own something.
Concentration Creates Real Wealth
Diversification helps preserve wealth.
But concentration builds it.
Crypto millionaires often made their fortune by going deep into a few great plays early not by spreading thin.
Early ETH believers.
SOL buyers in 2020.
BTC holders since 2015.
They take high conviction bets, then diversify later once theyâve made it.
âDiversify once youâre rich. Concentrate while youâre getting there.â
They Manage Risk, Not Noise
Holding 20+ coins makes it almost impossible to track project news, upgrades, tokenomics, or security risks.
Millionaires prefer to manage 5â7 positions max, so they can:
React quickly to changes,
Monitor on-chain metrics,
Rebalance with purpose instead of guessing.
They Use Stablecoins & BTC/ETH as Anchors
They often structure their portfolios like this:
Core Holdings (60â70%)â BTC, ETH, or SOL
Growth Plays (20â30%)â new layer 1s, DeFi, or AI tokens
Cash/Stablecoins (10â20%)â dry powder for dips
That balance keeps them safe yet ready to capitalize.
In short:
Crypto millionaires donât chase every new coin, they chase conviction.
Theyâd rather know 5 coins deeply than guess on 50.
Itâs about quality over quantity and thatâs how they stay rich through bull and bear cycles. 27 replies
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