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by Carpetsmoker 2478 days ago
The best way to get rich in a gold rush is to sell shovels.

Every time someone comes up with a "get rich with this training/tool/etc." it's very unlikely to make you rich, because if it would work that great then why isn't the seller of the training/tool using it to get rich, instead of selling whatever they're selling?

4 comments

Well, I’ve seen a few people blogging about how they make money by blogging about how to make money.
There's a classic one where one places a classified ad that says: "How to make money at home! Send XXX $10 for information."

Send them $10, and you get a letter that says: "Place a classified ad that says: How to make money at home! Send XXX $10 for information."

This was probably 30 years ago--make $100's "Stuffing envelopes."
Exactly. This goes double for when we are talking about investments.

If the proposed strategy really really works, then you would get investors and offer them a share of the pie. "Teaching" them accomplishes nothing and reduces your profits.

Bitcoin ASIC manufacturers are known to mine Bitcoin before selling their machines.
Thats what i did.