in 2017 I became a Millionaire on paper and lost it Bitcoin went from 20,000 all the way to 3,500 that was scary so I'm here with this crypto multi-millionaire who's made a ton of money with crypto and he's like hey Luke like he like Whispers in my ear like hey can you pay for my for my lunch what do you mean I thought you were like rich I thought you were inviting me to to to lunch you know what I mean when the average individual is in the mix It's usually the end of the season when the taxi driver is talking about crypto when your grandmother's talking about crypto who else is left to buy truly because those are usually the most uneducated most uninformed people that are getting the information the last the hedge funds are positioned the market makers are positioned The Venture capitalists are positioned smart money is already in the game and then what they do is very simple they'll go to CNBC they'll go to Fox News they'll go to Forbes and they'll pay the journalist to write articles on their behalf to do what increase eyeballs because the newbies they read these things and then the information gets dispersed gets disseminated that information then leads to what liquidity yes and the liquidity is where the smart people get out they get out on the liquidity of the noobs so in 2020 I think it was uh March of 2020 I remember using an exchange was Kraken and uh binance before they were cracking down super heavy on it and I had my orders already placed so I had orders placed for ethereum sub $100 I had cardano a half a pen xrp at 13 cents again and it was the co crash you know it was the Big Black Swan event and all of these tokens uh and all these orders got filled right so I remember I was playing Call of Duty and I see my phone going off like the little vibration thing and you see the notifications all the shit's getting filled I'm like oh at that time I was kind of scared too in the sense of okay is this actually going to zero cuz mind you bro Bitcoin went from 20,000 all the way to 3,500 mhm that was scary right but it's usually the fear that you have to buy into it and it's in the fear of missing out that you have to sell mhm and the markets are quite psychological and when you understand that the psychology is actually manipulated by people you can in some way shape or form understand the cycle Now by no means am I perfect but it worked out pretty well I remember being on clubhouse was I think 2020 and that's when the app was really popular in Poppin and CZ from binance hopped on there and he was giving a kind of like a club house meeting with other crypto people I tuned in and I got the opportunity to ask him a question because I remember buying BMB in 201 17 for two bucks so the BMB token which went to $600 plus dollar I was one of the first people that was actually buying B&B for $2 when the exchange was extremely new I was a big fan of binance I still am I think they're dope and that's no no no advice to put your money there cuz you never know how exchanges are but I was a big fan of it they've done a lot of good for the space and help helping it grow but I said okay BNB it's correlated to what the exchange so there needs to be if more growth factors and more kind of coal to the fire to keep the engines running so at that point I asked CZ hey you know Unis swap has a competitor they have they're on they need a competitor they're on the ethereum chain and I just saw that you launch launched the binance smart chain extremely new there was no YouTube videos on it I think when I went to type on YouTube the binance smart chain there was one guy talking about it from India and then one guy from China there was like two or three videos so it was super small right it just had just gotten started just launched and then there was an old guy uh some European guy that made a video about it on how to like connect it with your metamask wallet because you look at metamask the default is ethereum and you have to increase different chains you have to do this whole like nonsense right so he said well you know we're trying to compete because the binance smart chain is going to increase the demand for what for B&B which is the native token of the platform therefore driving up the price most of the employees most of cz's wealth is attached to the B&B token this is just how it works so to increase demand you need to create demand so he was like yeah well uh there's other D5 projects one of them being pancake Swap and I'm like well what do you know about pancake Swap and he stuttered a little bit and then he was like well I don't know they're there I think they're a team from turkey and he started giving me information I'm like well if you don't know this Anonymous team how's it that you know where they're from you know how much like how they're doing you know that they're that they're safe that they're uh well put together team that they're professionals and they are these guys absolutely crushed it so I went back and I was like dude like maybe I shouldn't be betting on projects maybe I should be betting on people and I bet on CZ so I purchased at that time pancake swap was $25 million market cap very small I purchased 1% of the supply for A4 million bucks and from 25 million it went up to a $2.6 billion market cap I so I sold I think at about $36 but my selling point was uh one of the co-founders of fazeclan the gaming org he texted me and he said hey should I buy safe Moon and this was the week that safe Moon had migrated from the ethereum chain to the binance smart chain and I said I'm out I'm out because this guy he's he's a gamer he's not a crypto guy and that's that's during the shitcoin season you guys remember when people are creating tokens out of thin air the ding coin and all the so I was like okay this is the end because people are just making up at that I remember sitting in Mexico 36 bucks cashed out and it went up to I think $42 $43 and I felt like I'd missed out but thankfully I rode that wave pretty well I did quite well with that investment made some good money and the reason I got into crypto was in fact uh I had a buddy come and visit me at the time when I was making still money with e-commerce and we went to a restaurant well a fast food restaurant at the time I don't Endor seed oils anymore but it was called Chipotle I don't know it's like a Mexican fast food place and the bowls there are like $112 so I'm here with this crypto multi-millionaire who's made a ton of money with crypto and he's like hey Luke like he like Whispers in my ear he's like hey can you pay for my for my lunch and I'm like what do you mean I thought you were like rich I thought you were inviting me to to to lunch you know what I mean and he's like no well I don't have any money I'm like what do you mean you don't have any money he's like yeah all my money's in crypto and I'm like what the bro like this guy knows something that I don't this guy like understands the game this guy plays well so I went back home put all my money in crypto and it worked out cashed out of Bitcoin at 55,000 cashed out of ethereum of at 2,950 or something quite high and it worked but you so you listen to the crypto crypto millionaire but do you think like like we talked about it before like it wasn't luck that you met up with a crypto millionaire and that he said that thing and that you listen and then think like okay now I have to go all in on that but with Bitcoin like okay when it's on like 55,000 right um what did you make how did you make the choice to get out on that moment not later on or earlier there was three reasons one is it was enough money that based on my expenses I would never have to work again so it was like okay yeah I can make more money it was uh in the multiple eight figures over $40 million in crypto and I was like okay like maybe it goes to 60 maybe it goes to 70 Bitcoin each but like is it going to actually exponentially change my life but if the crashes right it's going to hurt so at this point it's not a multiples game it's a preservation game and I did not want to repeat the cycle of 2017 bro like that hurt that hurt in 2017 I became a a Millionaire on paper and lost it I was like okay like I don't want to do this again so in 2018 made my money with crypto became a millionaire again right and then eventually I was like I got to just multiply but then I have to preserve which is the motto and the premise of Capital Club to create multiply and preserve wealth because and every facet the ideology and the the processing has to change of how you think about information but the markets are completely tied to the policy of the FED right so when the FED decides to print money or they decide to buy assets that's when the market pumps and when they say hey we're no longer buying assets the market dumps and you need to correlate the people that work at the FED they they put out it was a big announcement they said hey we are selling all of our assets because it is a conflict of interest for us to be in the markets while the markets are still exist within 30 days that was the top mhm I sold when they put out that announcement yeah it only made sense and people can call it luck I call it a game of possibilities the more you try something the more refined you become and the more refined you become the better you become