Crypto aside, just speaking in general, in terms of this fearful mentality many have, when it comes to investing and entrepreneurship. I love my parents and relatives....but i can look at what they did and know i don't want to end up like them at their age. They did what they were told to do because they were afraid to try a different way. They worked themselves to the bone all their lives making their white employers rich. Their white bosses have ownership (businesses to pass down, big fancy homes that they own not rent, etc) while all they have to their name is a "job" and car. What do a lot of these older black people own, after busting their ass for 40 years for white people? Not much.
I've seen what generally happens when you play the game safe. And this is coming from someone who went to college. Picked a good major. Did all that. But even in my 20s i know that playing it too safe will have you 60 yrs old with no ownership, living check to check, eating cheap food and trying to stretch your fixed income.
Many of us have a slave mentality but a few of us have a Bill Gates mentality. If you want to break your back making someone else rich, until you're 65, with barely anything to show for it, cool. But seeing how a lot of black ppl ended up, shows me that you have to build your own shyt if you want to be more than average. Whether it's building businesses or building more streams of income. We push working for white people instead of pushing ownership. You're never going to be wealthy working for someone else. We make excuses about business, not realizing that every single job you ever had was a business started by somebody. If they had been too scared to try, your job wouldn't even exist.
You gotta gain highly marketable skills (and find a way to leverage them). Create multiple streams of passive income. I don't want to be 65 and average or below average. I'm going to be somewhere lamping with my money growing passively with a couple business systems running smoothly that don't need my constant attention. I don't even look at it as risk. When you look at the vast majority of older black ppl and how their lives ended up, they would have been better served taking that risk
You have been told that if you "work hard" for a cac, the mansions, fancy whips, businesses will one day be yours. The truth is, if you work hard for him, those mansions, fancy whips, and businesses will be HIS. If you work hard for yourself, there is a greater chance of those things being yours.