Interview with Mantle Strategic Advisor Jordi Alexander: Don’t Try to Retire, Wealth Advice from a Top Trader

Chainfeeds Guide:

The growth phase of cryptocurrencies will continue until real capital fully enters the market.

Source:

Author:

TechFlow

Opinion:

Jordi Alexander: There are two key industries in this century: one is building the foundational modules of intelligence (such as AI), and the other is constructing the foundational layer for social coordination (such as cryptography). Traditional investment methods rarely bring real wealth growth; to achieve true wealth, one must find the direction of future growth, such as technological innovation or emerging markets. Investing in cryptocurrencies, especially bitcoin, is a relatively safe choice. The growth phase of cryptocurrencies will last until real capital fully enters the market. Looking at the overall cycle of bitcoin, it is still at a very early stage, with a long way to go before it becomes overvalued. The four-year cycle is a thing of the past; we are now entering an entirely new market state. Now, market changes are more often caused by liquidity-driven mini-cycles, like a shockwave of capital inflow. There is still a lot of inefficiency in the crypto industry, which also means huge opportunities. Working more efficiently and intelligently is far more important than simply working hard. Without risk, society cannot progress through innovation and adventure. There is no such thing as retirement; for those under 50, retirement should not be on your mind. Judgment is an important ability, just like currency. Judgment involves the ability to integrate complex information and make the best decisions, which is precisely where machines fall short. We need to work simultaneously in different fields, and being able to create real economic value is extremely important. You need to work on two aspects: first, mastering key technical skills; second, cultivating psychological insight and good judgment, which are excellent soft skills. If you are young and do not have many resources yet, the most important thing is to improve your skills and understand this upcoming world, making yourself irreplaceable. In the next 10 years, the gap between having $100,000 and $10 million may not be that significant. Keep the main part of your funds in a safe place, while taking out a small portion for risk-taking, which can satisfy your need for adventure while ensuring your overall financial security. Getting out of survival mode is the top priority, as this state consumes a lot of your mental energy and makes it difficult to focus on higher-level goals. Use your existing resources to exchange for assets or opportunities that can bring greater returns. Throughout the entire process, the most crucial element is to constantly upgrade yourself—this is the only constant factor.