The Kevin Trudeau Show LIMITLESS - I Bought Bitcoin At $1 — What Nobody Tells You About Making Money (Wallstreetbets Founder Exclusive)

Episode Date: March 25, 2026

🔗 To Learn More About the Keystone XL Newsletter: https://www.digistore24.com/product/669457?aff=TrudeauConsultingWhat's really stopping you from getting rich?In this exclusive and unfiltered i...nterview with WallStreetBets founder Jaime Rogozinski, best-selling author and global entrepreneur Kevin Trudeau breaks down how he spotted (and almost missed) some of the biggest wealth opportunities of our time- including early investments in Bitcoin, Apple, Amazon, and more. This interview goes way deeper than crypto investment tips. It’s about discovering the hidden patterns of wealth creation and why most people sabotage their own financial success. In this interview, you’ll learn: - How Kevin bought Bitcoin at $1 (and missed it at $0.50)- The biggest mistake people make when trying to make money- The single best piece of money advice Kevin ever received- How to see potential before everyone else - Why following winners beats trying to be one- Why Steve Wynn called Kevin about his casino strategy- Why your brain is literally keeping you broke- The mindset shift that separates wealthy investors from everyone elseThis is one of the most honest, provocative conversations about money you'll find anywhere on YouTube. Jaime Rogozinski, founder of WallStreetBets, says:"I'm going to watch this over and over because I'm going to learn more each time I watch it!”⚡ Kevin says: "It’s easier to make money today than ever before in history- but most people still miss it.” DON’T MISS YOUR CHANCE. WATCH THE ENTIRE INTERVIEW NOW.00:00 – How Kevin bought Bitcoin at $1 (and missed it at $0.50)03:30 – Why he invested in Apple when it was "a stupid name for a computer company"04:05 – The Amazon investment story nobody expected05:00 – Why DirecTV was his biggest "I was wrong" moment09:00 – The baccarat system that got Steve Wynn to call Kevin personally11:00 – Why your brain is literally keeping you broke (self-sabotage and counter-intentions)20:00 – Trading vs. investing vs. active investing — which is right for you?27:00 – How to evaluate any cryptocurrency using fundamentals, not hype43:00 – Why altcoins with real technology are the biggest opportunity in 202647:00 – Tom Brady's lesson on mental toughness and how it applies to trading51:00 – The attitude-before-money principle that separates the wealthy from everyone else#Bitcoin #Cryptocurrency #News #Ethereum #Invest #Metaverse #Crypto #Cardano #Binance #Chainlink #Polygon #Altcoin #Altcoins #DeFi #CNBC #Solana #KevinTrudeau #KevinTrudeauShow #TheKevinTrudeauShow #TheKevinTrudeauShowLimitlessThis video is for educational and entertainment purposes only. Not financial advice. Always do your own research before making investment decisions.*******************************************************************************To access the secret training that Kevin received in the secret society called ‘The Brotherhood’, become a member of the exclusive club founded by Kevin Trudeau: https://globalinformationnetwork.comExplore Kevin’s newest book series ‘Nuggets of Gold’ here: https://nuggetsofgold.com*******************************************************************************FREE TRAINING:[https://gurukev.com][https://nuggetsofgold.com][https://t.me/TheKevinTrudeauFanClubChannel]

Transcript
Discussion (0)
Starting point is 00:00:00 I bought Bitcoin at a dollar. I'm buying Amazon. I'm buying Apple. Five years ago, there were a lot of people who made a lot of money that today are broke. And nobody wants to talk about that. The money doesn't give you the attitude. The attitude gives you the money. So how much is that like you believing in your heart?
Starting point is 00:00:15 How much does that play in terms of your success? Everybody who's interested in making money is at the right place at the right time because it's easier to make money today than ever before in history. And if you don't understand that, you are brain dead. You have to plant the right. seed and then it's harvest time. You were an early investor in crypto, specifically, Bitcoin. If I understood correctly, you said you bought it at around a dollar. Is that correct? That's correct. Yeah, and I missed an opportunity. Did you hold on to it? Yes, I did. I still have it. But the thing is,
Starting point is 00:00:47 I blew the opportunity because I was told to buy it when it was at 50 cents. And it's really funny because back then, I understood you listen to people that have what you want and have been where you are. You have to be teachable. I was taught you have to have a high teachability index, which is a willingness to learn and a willingness to accept change. Most people today, when I meet them, sometimes they're in their 20s or whatever, and they think they know it all. It's like, how can you say that? You know it all. And I thought, okay, I was the same way when I was 22 and 232. I thought I knew it all as well. And the old guys, you know, they were old. They didn't know anything. And I'm the old guy now. So I can relate to that. So I would just encourage people to say,
Starting point is 00:01:30 you know, open, be an empty vessel. Be open to learning. Have a willingness to change and a willingness to learn. That's really a key. And if you do, then you can listen with an open mind. I remember Bill Gates when he was talking about the keys to success. At the time, I think he was one of the richest men in the world in the top of three or four. And he was on the Larry King Show on CNN.
Starting point is 00:01:53 And Larry said, what are the tricks or what are the secrets to success if there are any? And Bill Gates said, well, you have to be at the right place at the right time. Now, I would say that today, factually documented and substantiated, everybody who's interested in making money is at the right place at the right time because it's easier to make money today than ever before in history. Amen to that. And if you don't understand that, you are brain dead. There is something wrong with you.
Starting point is 00:02:24 You know, you really have, you're like the town idiot or something. You know, you're the dunts. It's easier to make money today than ever before in the history of mankind. You are at the right place at the right time. But then Bill Gates said something very interesting. He said, but you have to see the potential in things. And most people don't see the potential. Think about it this way.
Starting point is 00:02:49 Every tree was once an acorn. I'll think about it this way. Every forest was also once one acorn. So do you see the potential? If you're looking at an acorn today, do you see a tree? Do you see a forest? How big can you see the potential? That is the trick.
Starting point is 00:03:09 When I was told, hey, there's going to be a market for something called home computers. I said, home computers. What the hell needs a computer in your house? I mean, you don't even need really a computer in your building. They built U.S. steel with paper and guys writing ledgers. What do you need a computer for? I mean, NASA needs a computer, maybe. a home computer, and the fellow sat down and talked to me about the potential and where this could go.
Starting point is 00:03:35 Well, 90% of the people, including the president of Digital Electric Corporation and the president of Wang computers, which were the biggest computer companies at the time, they didn't see the potential on home computers. And this guy told me about the potential. First thing is, I said, this guy has what I want, tons of money. He was really, really rich, and he was where I was. He was broken just starting off. And when he was giving me advice, I understood,
Starting point is 00:04:03 listen to people that have what you want and have been where you are. So when he said, you should invest in this little company called Apple. I thought, first off, what a stupid name for a computer company. It's a piece of fruit. Forrest Gump bought it. Yeah.
Starting point is 00:04:18 Yeah. What does fruit have to do with computers? And he said, Apple. So I bought Apple. Fine. Same thing when the guy said, Kevin, the internet is going to explode. There's a company that's selling books online and they're going to dominate the marketplace. Books online, you can go to the bookstore. You can meet the author. You can
Starting point is 00:04:39 listen to the author. They can sign a book. Why would people buy books online? It's going to be huge. And why would I invest in a company that sells books online? That's just the start. It's going to sell everything. That's insane. People want to pick up and hold the product. But again, I was listening to somebody who had what I wanted. He had a bigger vision. than me. So when I was told that, I thought, okay, Kevin, think, think, think, think, okay, I'm going to listen to him. So I invested in a little company called Amazon. Then I was told about something called the browser. Remember Netscape? So does Elon Musk when he got rejected from. Yeah. And see, the point is, can somebody see the potential on things? A fellow came down to me and said,
Starting point is 00:05:24 this was the best one, because I was, no, this is not going to work. He said, Kevin, there's a disc. It looks like a little mini satellite dish. And everyone's going to buy it, put it on their roof, and they're going to have 500 channels of television. It's called DirecTV. And I said, you're insane. This is, and why would people pay for television when it's free? I mean, you put the rabbit ears up, you put the antenna up on your roof, you watch television.
Starting point is 00:05:51 And who the hell watches that much TV anyway? You don't watch that much TV. You're out. You're at the bars. you're out doing things. People are outside. No one's sitting home in front of a television. No one's going to want to watch 500 channels.
Starting point is 00:06:03 That was my argument. And he just said, he goes, you don't see the future. And I said, okay, what's the name of the company I should invest in? Direct TV. You hit those four. Yep. And the Bitcoin at a dollar. Yep.
Starting point is 00:06:19 You do pretty well. And it's based on being at the right place at the right time, but it's also based on seeing the potential in things. And that's where I would encourage people, how big can you see the potential? And are you listening to the right people? And I'm going to either challenge you or make you realize that you forgot the one that's conviction, right? And I realize this can go on forever. Because for every question that I ask, rather than getting more closure, I get a hundred more questions that come to my head, which is wonderful. So, but I do want to point out a few interesting things that were implicit, this idea of saying having the self-confidence to admit to yourself that you know what
Starting point is 00:07:03 you don't know or you might not know what you don't know, right? The reason why I asked the question wasn't just like, oh, how rich could you get or what was your multiplier effect? The question was geared towards how much conviction you're saying, look, I'm going to copy, I want what they want. I will do what they do. I will do what they say, whatever it might be. Not a lot of of people have that conviction of pull through, I would venture to guess that the overwhelming majority of early Bitcoin investors would not have had the conviction to hold on. You know, when it goes from a dollar to $300, that's just insane. But the idea that you were planting early on to me hits really straight home.
Starting point is 00:07:50 You have people that go into what you could consider a debate. and it is actually nothing that resembles exploring a concept. That is, let me defend my identity. It is an argument where you have your ideas. I have mine and I am not moving from this position. And if you attack it, I feel personally defensive and some white idea. And so there is no more let me, I'm open to suggestions. And the best instance that I can think of, once again, I translate everything to Traders is the famous book.
Starting point is 00:08:25 trading for total of something. They had the Eddie Murphy movie, which is like the homeless guys. I forget the, training places. There you go. You know, it was, that movie was based on reality.
Starting point is 00:08:36 You take a bunch of people that don't know anything and you say, hey, you don't know, just follow these rules. And they outperformed traders simply because they said, I'll do as I'm told, right? And I believe that what you're telling me right.
Starting point is 00:08:53 And that's what's leading me to this next question, with regards to conviction. In trading, I can tell people how to trade. And odds are they will fail because they won't actually follow that advice because they don't have the conviction, the belief that they'll doubt themselves. They will not execute simply because of their own blinders. So how much does that play into either leading to success or people that were on the path to success, building their own impact?
Starting point is 00:09:25 like being their worst enemy, right, being their biggest risk. Well, first of you're 100% correct. And I'm going to give people the solution to that. But I'll tell you a funny story first. I'm banned from playing blackjack all around the world. I'm in the Griffin book because one of my first companies was the American Memory Institute, which became the largest memory training school in the world. So I have a photographic memory.
Starting point is 00:09:47 I was on all the talk shows and I would remember everybody's name and do all these memory demonstrations. And then I met a guy named Bobby Singer who was a world famous blackjack player. So I used Bobby's method, plus being able to remember all the cards, and I would do very, very well in the casino. So I got banned. I was in the Griffin book, so I said, okay, I can't play blackjack? Can I get that? So I'm going to figure out how to win at Baccarat. So I used this incredible algorithm and figured out the Baccarat system.
Starting point is 00:10:14 It's something nobody else had done because they said it's impossible to beat. It's virtually a coin flip. And I figured out a way to make money in Baccarat. So for a year and a half, 100% of the time, not 99, 100% of the time when I go in for the day, and Daniel just saw this recently, I would say, okay, I'm going to play, I'm going to make money. 10 units is my number. Okay, if you're a thousand bucks a unit, that's 10 grand. And in 15 minutes, 20 minutes, an hour, boom, you make the number.
Starting point is 00:10:45 Every single day, did this for 18 months. And then I got a call from Steve Wynn at the Winn Casino. And he said, Kevin, you've drilled us. You've made millions in the Baccarat. You have a system that, quite frankly, I've never seen before, and I don't even understand it, but it clearly works. So I want you to teach this to my gamblers at all of our win properties. I'm going to pay you a fortune to do it.
Starting point is 00:11:10 I said, but wait a minute, you just told me the system works, and I drilled you and made all this money. Why would you want me to teach it to your gamblers? Yep. He said, because they're degenerate gamblers. They won't follow the system. They will sit down. They'll start it and use it for a little while.
Starting point is 00:11:27 Then they'll have intuition, a gut feeling. And then they'll, and I'll take all their money. So what you said is 100% correct. So the question is, if there is a simple method, just follow this. And there is, for example, in cryptocurrency, which we're going to talk about. Just do this. Just do this. Most people can't.
Starting point is 00:11:47 And why? because they have self-sabotage counterintensions in their mind. I'm not worthy of making lots of money. And what happens is when they start making a lot, that kicks in. Wait a minute, I'm not worthy to have this. So they self-sabotage it and lose it all. They do stupid things. So you have to correct yourself image about how you see yourself and get rid of these self-sabotage
Starting point is 00:12:13 counterintensions. So I'll tell you another story about this. For example, I was in Australia. I was part of the world masters of business. I was traveling with my friend President Gorbachev and his wife Braza. He was the past president of the Soviet Union. He's passed away now. And I was with Renee Rifkin, who is the second richest guy in Australia next to Kerry Packer.
Starting point is 00:12:33 Carrie Packer passed away now. And Renee Rifkin was a... Relation to James Packer? Yeah. Carrie Packer was James Packer's dad. Okay. So Kerry was the guy who made all the money. And then James is the son.
Starting point is 00:12:46 And Renee Rifkin is like the second... richest guy in Australia. He's got the biggest yacht in Sydney Harbor with a helicopter on it. He's got 60 luxury cars that he all paid for cash. And, you know, he bought the cars and he has, you know, this big, huge entourage and mansions. And he's super rich. And a cool guy. So he was on the program and we met each other and we went into business together. He made all of his money trading stocks. He was a stock trader. This is really before crypto. This is in 1999. So he was trading stocks. And I would sit there on the, on the yacht with them, we were partners, so we'd be on the odd every day.
Starting point is 00:13:20 And he's got his little device there. This is before the iPhone and all that stuff. So he had this little like pager. And he's trading and he's getting some information. He's making to trade. And sometimes he would trade something in the same day. Sometimes he would buy it and trade it in a week or two, whatever. And he had a newsletter that he sent out via email.
Starting point is 00:13:41 So it had. And he told people, this is the stock that I bought at this price. and then every week he would send this out and he goes, and this is a stock that I sold and I sold it at this price. So if you just simply, when he said, I bought this stock at this price, bought it. And when you sold it, when he sold it, you'd be doing exactly what he's doing, right?
Starting point is 00:14:07 And we're talking not penny stocks. It was like Qantas Airlines. I mean, you know, big. And he would make 10% here, 5% here, and boom, boom, boom. little by little, not like a 10x or 100x score. He'd make these very consistent things. And he would make a fortune. And anybody who followed this made money.
Starting point is 00:14:28 Every single, because he was making money all the time and you were just doing the same thing that he was. But then we had the people that started doing their own thing, that were smarter than Renee. And they didn't start following the system. And then they faltered. So if there is somebody. who's making these moves, like in my case,
Starting point is 00:14:48 Kevin, I'm buying DirecTV, I'm buying Amazon, I'm buying Apple, I'm buying Bitcoin at 50 cents. That's when I blew it, and that's why I never stopped listening after that one. When I went from 50 cents to a dollar, I said, can I get it now? Is there still a room? Kevin, you're going to hold this for 10 years.
Starting point is 00:15:05 You're going to hold it for 10 years. You are not going to sell it. Promise me you won't sell it. Don't even look at the price because when it goes this and goes this, you're going to want to kill yourself. Don't do it. Okay.
Starting point is 00:15:14 So you listen and follow a system that works and you follow somebody who's winning. Yep. Just get on their coattails. The person's winning. Andrew Carnegie built the largest steel company in the world. J.P. Morgan, that's General Electric. I mean, he owned electricity. John D. Rockefeller owned the oil.
Starting point is 00:15:33 All you have to do is just get on their coattails. And people like J. Paul Getty, who became one of the richest guys in the world, just followed Rockefeller and said, oil? What are you doing, J.D.? Okay, I'm with you. And then they make a billion billions. You don't have to reinvent a wheel. Just follow a proven pattern for success. But even more than that, follow a winner.
Starting point is 00:15:53 Get on a winner's team. Yep. If you are on the team of a winner, oh, Tom Brady, he's a winner. I want to be on his team. Yep. Because that guy wins. Oh, Michael Jordan, he's a winner. I want to be on his team.
Starting point is 00:16:05 Yep. Get on the team of a winner. And then they'll put, you don't have to be the guy. I didn't have to be the guy. I just had to be on the train. The train's going someplace. No, that's, that's, uh, once again, a lot to unpack there. But, uh, actually, speaking to pack, uh, bit of trivia, rat pack, the movie studio,
Starting point is 00:16:27 the reason I want to ask you about James Packers, the Rat Pack pack, uh, that is a combination being Ratner and James Packard Rat Pack. Um, I found out that during, uh, just serendipity. But no, uh, yeah, there's, there's, there's. There's a lot to be said there, but there is one thing that I'm going to challenge. So as I personally was, hey, I want to learn how to get rich by clicking buttons on the screen, right? What I call like the Thumb Trader version that you literally just alluded to. It can't be that hard.
Starting point is 00:16:57 It's a video game, right? This thing is moving up and down. And I'd be in this chat room with professional successful proven traders. And I said, hey, guys, just tell me what to do. And they said, well, I can tell you what to do, similar to my previous question, but you probably wouldn't do it. right but I said fine fine fine I'll just I'll try right so humor me and these the three traders they had very different systems one was a quant trader that would use statistics and mean regression in math the other was a technical trader which we used technical analysis you know
Starting point is 00:17:34 drawing lines on charts and whatnot the third guy this was you know about 15 years ago when the information was slightly slower so a slight getting information slightly ahead of everybody else was edge, right, a competitive advantage, which means he was subscribed to a $20,000 a month to get the wire, the breaking news, right, before the news. So he had 10 seconds on the actual news, including rate decisions, like the interest rate decisions by the Fed.
Starting point is 00:18:05 And so I said, all right, it sometimes would disagree. And I said, fine. You guys don't seem to agree, but you're good. Just which one do I follow? I have a great idea. I need to pick a winner. And I will just copy whatever it is that you do.
Starting point is 00:18:21 And they said to me, that's not good enough, but we're going to prove it to you. And I said, fine. Let's set it up so that we, on a interest rate, like on a Fed decision day, you know, the Wednesday, quarterly. We will tell you ahead of time what our trade is based off of our system. And then we will execute the trade. and then we're all going to make money. I'm kind of like, I think what's going to happen is two of you are going to lose
Starting point is 00:18:49 and one is going to win because one literally buys and short simultaneously to do. Mean regression. The other guy said, no, I'm telling you right now, I'm going to short when it hits resistance, right? And then I'm going to take my profits here where it hits support. And the third guy says, I don't know what I don't do yet, but I'll tell you 10 seconds before I do it, right? Because all right, one, two,
Starting point is 00:19:10 three go. So you have one guy that turns out long, meaning bought like by low sale high, the other guy short, the opposite. And the other guy died both. All three of them within 15 second made six figures. And I thought to myself, fuck. I don't realize if I'm allowed to say that, but you can believe it out. This is harder than I thought. And they said not only that, even if we were to switch spots trading places, we're not very likely that we can copy each other's system. It's because we have the conviction to hold on to Bitcoin for 10 years. You know, how much of, even if you're told,
Starting point is 00:19:55 you have to just continue because Bitcoin did go to $20,000 to 3, to whatever, to whatever. right, that rollercoaster, what makes money is that conviction on top of just picking the winner. Right. So how much is that like you believing in your heart so you can make, like how much does that play in terms of your success or in general? Yeah. When it comes to trading, there's really, as you just mentioned, there's really two basic
Starting point is 00:20:25 ways, right? One is an investor strategy. One is a trading strategy. Yep. So that's, those are two different dynamics. And then the third one is an active investor. So it's kind of in between. So you're not trading every 15 minutes or something, but you're also not holding for 10 years.
Starting point is 00:20:41 And so there's a combination. And at the end of the day, I would encourage people don't really, unless you love it, trading is going to give you a heart attack and, you know, ulcers. It's really, really hard if you're day trading every 15 minutes because you're looking at, you're looking at you losing money on trades. And for a lot of people, that's sickening. So that could be hard. for a lot of people. I think only a small amount of people, just like a small amount of people
Starting point is 00:21:07 can be salesmen, you know, that love that, because most people can't deal with rejection. So a small amount of people can be traders. Investors, if you invests, don't even look at the stock, you know, because if you're investing in something and you're holding it, who cares if it goes up and down? Because it will. You didn't lose money or make money. It's when you sell it. That's when you realize your profit or your loss. What happens in between means nothing. and then the active investor is really an excellent way to go. But in direct answer to your question about conviction or belief, it comes with self-image. Are you worthy of success?
Starting point is 00:21:44 Do you expect success? And if you do, if you think you're good enough, at the end of the day, what I just told you is the secret to success in life in anything, whether it's making money in cryptocurrencies or investing or a business or whatever. do you have belief in yourself? Do you think you are good enough? Most people don't think they're good enough. I'm not smart enough. I'm not good looking enough. I'm not a good enough communicator. I don't have the right friends. I don't have the right connections. I don't have the right education. So there's a whole host of I'm not good enoughs, right? Then as I'm not worthy. Like I didn't come from the
Starting point is 00:22:22 right family. There's almost like this in your DNA. I'm, I should be in the room. You know, there's all these very wealthy people, you know, I'm not worthy to be here. You know, why am I here? I'm not good. I'm not one of them. So being, feeling this worthiness of, are you worthy of success? Are you worthy of money? Is a mental state or an attitude that's going to make all the difference in the world. So that's very critical. If two people do exactly the same thing, interesting enough, in, let's say marketing or business, one person succeeds because he believes he can succeed. He can succeed and the other person doesn't because he believes he's going to fail. He doesn't believe he's going to succeed. That energy, now we get into the esoteric, mystical, metaphysical parts,
Starting point is 00:23:08 but that energy does absolutely have an effect on results. If you believe you can succeed, you will. But what most people do is they have a failure disease. That failure disease is called exucitis. Okay. And it is, you know, losers are always good at one thing. making excuses. Winners don't make excuses. They take responsibility. One of my favorite lines from one of my favorite movies was from The Rock and Sean Connery says, you're like, I'll do.
Starting point is 00:23:40 You're ready? Like, I'll do my best. Nicholas Cage goes, losers always whine about their best. Winners go home and F the prom queen. Yeah. No, this is actually good, but I have to call you. Well, not I'm not, I'm not, I'm not. overly analytical person, you've contradicted yourself.
Starting point is 00:24:03 And it's actually not a contradiction. You've actually laid out two sides of a spectrum. And I'm going to ask you, first I'm going to lay out the foundation from it. On one side, you're saying people don't believe in themselves. They don't have the self-confidence, exucitis, whatever it might be. And they're there. They're sabotaging themselves because they're placing that mental barrier that says, I cannot exceed this, glass ceiling, whatever.
Starting point is 00:24:28 on the other hand, we started this conversation with saying, you need to be humble, open-minded, you need to accept the fact that you are malleable and you don't know everything, right? And then you run the risk of the Dunning Kruger effect, whereas you think you know everything, right? And so, but without introducing that one there. So I'm going to put the, I'm humble,
Starting point is 00:24:48 I will listen to whatever you say, I know nothing and I'm willing to be open-minded. And not because I'm not, not that I'm not worthy, because that's why you're not contradicting yourself. it's because there's a fundamental difference. It's I just don't think I got it and I'm open to listen. And on the other end of the spectrum is I'm worthy, I'm self-confident, I know what I'm doing.
Starting point is 00:25:11 So it's on a slider scale. I could add a third dimension, but I'll just leave it on those two dimensions. Where's the sweet spot? Good. And the answer is I was just with a guy on the ship. I took over an entire cruise ship, the region cruise line, ship the Pearl, for an entire week for members of my private club. So we had 2,200 members on there.
Starting point is 00:25:28 And there was a lot of VIPs there. One guy was a really large distributor at Amway, you know, the multi-level marketing company, Amway. And when he got in the business, he said, I didn't know anything. But the guy who sponsored me was making millions of dollars in Amway. So obviously this guy knew. And he said, Kevin, I decided I was going to be the best student he ever had. So his confidence was his inability to be the best student. So that's where he had his confidence.
Starting point is 00:25:59 He had confidence in belief in his sponsor, and he had confident belief in himself being able to learn and be the best student and apply what he was learning. So there's your sweet spot, right? So at some point, now he has confidence in himself, right? But first, you start with confidence in being able to execute the plan given to you. So it's like, I can't do it myself, but I can execute. you. I can really be the best student. I am going to be the best learner. I am going to be the most open. And that's confidence. That's power. Right? In yourself versus I know it all. And it's okay.
Starting point is 00:26:38 But at the end of the day, we don't know what we don't know. That's correct. So we're always in a state of learning. I had a guy came into me one time. He was trying to get a sales job. And I said, so tell me about your sales experience. He goes, ah, I have 15 years of sales and marketing experience. So I talked to him a little bit. I said, by the way, you lied to me. You don't have 15 years of sales and marketing experience. He goes, yes, I do. I've been in the sales and marketing world for 15 years.
Starting point is 00:27:03 I go, yeah, but you have one year of sales and marketing experience repeated 15 times. You stopped learning after the first year because you knew it all. You haven't learned anything since. People are the same way. So we have to always be opening. I learned things last week. I'm always learning. I'm always open.
Starting point is 00:27:22 And when it comes like crypto, I don't know, I'm not a crypto expert, right? I'm not an investing expert, but I seek out people that are, that's their love, that's their business. And what they do is, as, you know, there's two types of ways people get involved in either cryptocurrency or investing, and you mention them. One is the chartist. You know, let me look at the chart. Oh, it hit this level, here are the numbers, that means it's going to go down, that means
Starting point is 00:27:46 it's going to go up. So you're looking at a chart, it doesn't even matter what the company is. It's just a graph. and you're a charterist. And I have a friend of mine who's dying right now, but he's old, but he's made billions of dollars doing just that. And he was a chartist.
Starting point is 00:28:01 He's always talking about the chart. He doesn't even know the name of the company. He's just looking at a chart. Then my other friend, who's also made billions, he does the exact opposite. He looks at the company fundamentals. And he's looking at the company fundamentals, but not just the company fundamentals,
Starting point is 00:28:15 but is this a company that the investing world is going to be interested in? Because if you have the best company fundamentals, invest balance sheets. If you don't have investors willing to pour money and the stock ain't going to go up, right? So he has to look at those two, three dynamics. The company fundamentals,
Starting point is 00:28:32 is there an investor interest in it? And thirdly, is the market going to take those company fundamentals so that the company can actually grow and expand? So here's looking at all these dynamics. Plus, there's another one he always says. And that doesn't even matter. What matters most? Who's running the company?
Starting point is 00:28:48 I have to bet on a winner. I need to make sure that that chairman and that president and that executive team are staying and that they're winners. Because I bet on winners, people, not just the numbers. So this guy, and he loved it. But he would spend all his time. So with cryptocurrency, it's really the same way. There's a lot of crypto experts out there that are chartists and blah, blah, blah, blah, blah.
Starting point is 00:29:13 And I think, based on what I've seen and my history, and it's not just something that I think. It's something that I know is true. You can make money in all those areas. You can also lose money. But the one that you'll lose the least and probably make the most is if you're finding somebody who's looking at the fundamentals of a crypto, let's say, is there a technology underneath it? Are there billionaire guys in the crypto space interested in it? Who's running the thing?
Starting point is 00:29:45 Are they smoking dope all day long? Are they high? Are they doing, you know, X? Seriously. Yep. That's a serious thing. You know, that's like, you know, you want somebody who's a little bit sharp, right? You know, get some intelligence, a high IQ and also is, you know, got their eye on the ball. And is there a economic world coming where this technology beneath the crypto is going to tap into?
Starting point is 00:30:12 And if you look at all those factors and that person says, buy this, you got a winner. recently. You know, I'm a big promoter of Keystone and Keystone's newsletter because I found that guy, you know, with the founder, Emon. So he says, yeah, there's a stock, not a stock, there's a crypto coin that I know the owners. I know the people involved. I know the people who are interested in it and investing in it. I know the underlying technology and I know the fact that this technology is going to be used in the marketplace because this is where it's going. That's a huge amount of time invested in research. I don't have it.
Starting point is 00:30:49 And he says, buy it. I did. He goes, if you want to do what I'm doing, I just bought it. 30 cents. Okay. And then he says, hey, it's at $5.50. You should consider selling some of it. It's still going to go to 13 or 14, but you may want to take some profits.
Starting point is 00:31:08 Okay. I mean, so that's what you do. I think, sure, I can do all the investing, but that's not. my business, that's not my love, that's not my passion. Yeah. But if you follow somebody who's doing it, it really becomes paint by the numbers. You know, I could be talking about tennis right now and I can apply it, right? So I'm speaking, you know, to every, to the guy with the hammer, everything's a nail, right?
Starting point is 00:31:31 We're able to see things, things from our own, through our own lenses and apply it to whatever it is that we do, which is why the language that I'm speaking is being a, uh, uh, Sorry, you know, when you're answering these things, I'm translating them into the world that I intimately know mechanically, right? So when you said, for example, do they smoke dope, I was just the first thing that came to them, I was like, I'm pretty sure SB, like, same Bankman-Fried, FDX guy, pretty sure there's like a lot of drugs in his place when they, you know, like. Yeah, so that's kind of how I'm, that's the filter that it's going through, right? And I'm validating your points as you're going through it. And you made another very interesting point that I like to relate it to my own personal history. In other words, when have I made certain mistakes or when have I been able to do what you did?
Starting point is 00:32:19 I, when it comes to crypto, I'm an engineer, computer engineer, programmer, a technologist. I understand when Bitcoin first came out, and I'm also an economist, right? So I study a dual major in both. I understand both how algorithms work, cryptography works, math, obviously for engineering. And I also understand economics, the concept of money. the properties that requires, the scarcity of the demand, whatever, valuation, the is sometimes abstract. When Bitcoin first came out, I was like, well, this is a really cool idea. I checked out the white paper.
Starting point is 00:32:52 I checked out the math. I was like, this is actually a work of art. But then I turned my, like I turned my chair back around to go back to my stock options because I said they're up against a pretty, you know, big adversary, which is the world. Not going to, they're not going to make it, right? There's just when you're up against governments or whatever, too bad because it is beautiful. That assessment was correct at the time. And then all of a sudden started becoming more of a buzzword.
Starting point is 00:33:19 And I'm like, fine, I'll start mining it. And I did start mining it. Now, and then I lost, you know, the keys to the kingdom. But I don't regret it because I also know that I would not have had the conviction to hold on to it. I know myself, I've already done it so many times with stocks that like, you know, so I don't really regret it. But what I do know is it was such a technically difficult. barrier to entry early on to be able to just purchase Bitcoin or buying it, that I said, it's still not interested because, like, you know, it's not going to make it.
Starting point is 00:33:55 Governors are going to go after it. Barriers of entry. It's very limited as to how much it can reach. And there's just definitely not enough liquidity. But, you know, like it's vulnerable to all sorts of different things. My mistake, and I was right about all three of them, I continue to, that still continues to be true. My mistake was not reevaluating, not willing, that first lesson like you alluded to, I learned once and then I did stop learning type thing. I didn't reevaluate my stance.
Starting point is 00:34:27 Had I done that, I would have realized what I realized in 2021, and I openly admit this, that my mistake wasn't getting it wrong. My thesis was right. my mistake was making sure that it continues to be the case and not saying, I've decided this once, therefore forever it shall be the truth. But I want to pivot slightly towards... Let me just jump on that for a side, because what you just said is so, so critically important when it comes to mindset. Albert Einstein and Hawkins, the guy who just passed away, one of the smartest people in the world, both said the same thing. They said, when the facts change, I change my mind.
Starting point is 00:35:12 What about you, sir? And that's exactly what you said. We come up with the decision. We come up with an opinion. We choose that this is what we believe. But when the facts change, we don't look at those changes in circumstances or facts. We just keep our choice.
Starting point is 00:35:31 No, when the facts change, change your decision. Because you may say, no, I'm not going to invest in that based on all these factors. But then five years later, It's like the factors are all different. Now I will. Not only that. Five years later, like at that point, have I already committed my identity to that decision?
Starting point is 00:35:47 Correct. So am I now defending it? Right. I'm still right. I was going to take this. This is the hill that I die on, right? Because I've now made this announcement publicly and I can't change my mind because, God forbid I'm wrong.
Starting point is 00:35:58 Right. Or I changed my mind. And it's self-esteem almost. And the media attacks you, especially if you're a politician. Oh, yeah. You're flip-flopping. Ten years ago, you had. had this position and now you've changed it. Well, that was 10 years ago, you idiot. Of course,
Starting point is 00:36:14 I've changed it now because the circumstances are different today than they were back then. Back then that was my position and I absolutely was correct in my opinion at that time. But now the facts have changed. And like Steve Hawkins and Albert Einstein, when the facts change, I change my mind. And there's lots of examples, like Jordan Belfords who I know, well, you know, actually, I'm not even going to name names. There's tons of people that were, that have changed their stances, right? People that are public figures that don't care what anyone says, they have the self-esteem to say, you were attacking me for, you call it a flip-flop? Is that supposed to be an insult? Or you mean like, I simply evolve, right? You know, I'm changing with the circumstances. But here's a question. So the word money has
Starting point is 00:36:58 been mentioned over and over again. Obviously, you know, me from the frame of reference that I have in years from years. When I was young, I was like, yes, the answer to success is, you know, money. But as I've grown wiser and older, I've realized it's an instrument. It's really not a destination, right? It is a, it's either an obstacle or a facilitator, right? It is a, it is an instrument that you're able to use it. And prior to the interview, you just mentioned just enough for me to formulate this question. I've, some people call it failed. I failed at a lot of things, I've learned from them. So there weren't failures, right?
Starting point is 00:37:43 There would have been failures had I decided to just move on without reevaluating what I did wrong. I've learned from involved and moved forward from it. And I've failed more often than I've succeeded. Or if you want to use a sales analogy, which you touched on, the rejection, right? You need to get every rejection is what, like, step closer to. And, you know, there's a lot of people that can relate in their own fields. what I've found interesting is that when I didn't have my eye on the money, right,
Starting point is 00:38:17 when all of a sudden I cared about the thing or the hobby is when I quote unquote, because I didn't care about failing almost, maybe I'm actually answering my own question, is when I've been the most prosperous. And I want to see the word prosperous because it came along with money. If I said, I want to go from here to there, and my actual success was getting here. Turns out I end up making a ton of money on the journey because it wasn't part of the equation, but when I was going for money. And so my question is, you know, is money, is it the money that defines the success?
Starting point is 00:39:01 What is it about the money that is so attractive to? people, right? We know there's a lot of room for interpretation here, so I'm going to let you... Well, you hit a lot of points there, so let me address a couple of them. Number one, the journey is the reward. And that's what people have to grasp. They always think this. They think, when I attain this, then I'll feel good. Or then I'll be happy. Nine, niet, nada. No, that's not how it works. You've got to feel good. You did know Gorbachev. You got to feel good now. Don't think when I get married, when I have kids, when I make a ton of money, when I get the yacht, when I get the private plane, when I get the Lamborghini, then I'll be happy.
Starting point is 00:39:54 No, you've got to be happy now. The journey is the reward. Success is a journey, not a destination. When you get something, your state, you think it's going to change, and if it does, it'll be fleeting. And then you'll always be looking for something else because you never feel fulfilled. Disney tricked me. There's no happily ever after? There's no happily ever after. There's no end to the movie. Okay. No. So that's number one. Number two, you talked about failure. And failure, we call it losing, right? So we either win or we lose in life. Well, no, you either win or you learn. And you said that. So when people think they have a failure or loss, they try a business and they fail. No, you didn't fail. You didn't lose. You learn. You learn from everything. You listen to the great, great, great athletes, whether it was Tiger Woods, a LeBron James. And or Michael Jordan or Tom Brady, they all say the same thing. When they lose, that's when they learn the most.
Starting point is 00:40:45 Everything you know at the top, you will have learned at the bottom. And then if you look at the greatest entrepreneurs of all time, whether in today's modern world, you get Stephen Jobs, you got Elon Musk, in the older days, Jay Paul Getty, John D. Rockefeller, Thomas Edison, Tesla, Nikola Tesla, Carnegie, Vanderbilt, all these old guys. There's a great documentary series on History Channel, the men who built America, the food who built America. In every single case, without exception,
Starting point is 00:41:16 whether it's Schillett's beer, perhaps blue ribbon beer, bug, every company craft food, Mrs. Fields, it doesn't matter. Guess when their businesses exploded and blew up, when they had an absolute failure and catastrophe. In the middle of the worst possible close to bankruptcy, that's when they figured out what was going to make them the rich person. And every adversity is the seed of a greater benefit. Every single time, the two railroads, which carried all of Rockefeller's kerosene,
Starting point is 00:41:49 decided to screw them over because they were the only two railroads. So they got together until Rockefeller were whacking the price up three times. Well, now Rockefeller was virtually broke, almost making no money. He couldn't do this. but they knew they had them over a barrel because he couldn't do anything. In that adversity, that's when he said, I'm going to win.
Starting point is 00:42:12 See, this winner's win, right? And so he looked around, and he tells a story, and everybody tells the story, he was depressed but mad. He goes, they're not going to beat me. I've got to figure this out. And he's walking around his refineries, and he's looking, and he says, wait a minute, my oil at these refineries
Starting point is 00:42:27 goes from here to here in a pipe. I can build a pipe across. I don't need their goddamn railroads. And that was the first pipeline. And the pipeline amortized out was like a third of what they were normally charging them, even at the low rate. So it increased his profits like 10 times. It was out of the adversity.
Starting point is 00:42:48 The challenge came the seat of a greater benefit and increased his profits. And then when the government went after him to break up standard oil, the monopoly, it was a catastrophe. No, he had stock in the 36 companies that were in the breakup. And the next year, he was worth five times more. So the government increased his net worth by five times because they tried to crush him. And every adversity is the seed of a greater benefit. This is a mindset.
Starting point is 00:43:14 This is the winner's mindset. This is the champion mindset. When it comes to making money, you combine mindset or call attitude. You combine that with a method. And there's a lot of methods out there. I think today, based on everything I've seen, one of, I know, not think, I know today, one of the best ways to make money, both short term and long term, is in the cryptocurrency space and also the investing space. But cryptocurrencies, the alternative coins, the ones that have a platform of a technology and a team of winners, it's almost like their destiny is to become super rich. those are the coins that you buy.
Starting point is 00:43:57 And if you know when to buy them and when to sell them by somebody who's spending and his team spending virtually 24 hours a day, seven days a week with all of these people, you could even, you know, if this was the stock market, it would be like inside information, right? Because they know everything, but it's not.
Starting point is 00:44:14 So they just know stuff, and it is public, so it's not illegal. But when you have somebody who's in that space, meeting with all these people in Dubai and the Cayman Islands and they're hanging around. They know stuff that the average person doesn't know. And when they say buy this coin at this price
Starting point is 00:44:31 or sell this coin at this price, and you just follow them, that's what the Keystone newsletter does. To me, it's paid by the numbers. It's so simple to make money today. It's easier than ever before. Yeah, it is, but I think that there also needs to be a layup on a, if I use the word technical, I might invoke the wrong vision.
Starting point is 00:44:57 But you have an overcrowded over, so arbitrage is it means to fix an inefficiency, right? So it's like, oh, there is a pricing error or whatever it might be. There's an opportunity, right? I'm going to buy this thing because nobody's noticed now the price is correct that. I made money based off of that, et cetera. The traditional finance is high, I mean, high frequent, like, co-located computers is now the competitive advantage, the physical proximity. Whereas the tremendous amount of, let's just call them straight up inefficiencies that can be exploited. All right number.
Starting point is 00:45:29 So I agree. And there is a lot of opportunity, but also to this theme of this conversation, people that don't know need to be able to discern the signal from the noise. Right. So they've heard a lot of words right now that makes them feel good. They said, okay, they said crypto and they said, follow me. And they're going to go out there and buy just whatever meme coin comes out there tomorrow because they might not have gotten the right message or might not have executed. To some extent, they do need to have some sort of guidance, right, to help them be able to make through this filter.
Starting point is 00:46:11 And yeah, to that extent, also begs the question of right now up until this point, it's been a binary thing, right? It's either you're a professional trader investor, speculator, gambler, active, and whatever. You know, this is what your profession is. Or you're a doctor or whatever. You work at whatever it is that you do. And you happen to want to grow your wealth, right? As either a safety net or whatever it might be, you know, you don't have to pick one or the other. And the amount of time that you want to dedicate towards it is proportional.
Starting point is 00:46:47 So I guess this question is, and I'm going to actually state this with authority, that most people that wants to be traders will fail because the math says. So I'm not going to justify it. I can write a book about it, but it's the fact. So therefore, it's not necessarily for everybody, but it doesn't mean that nobody should participate in wanting to build wealth. They can be good at whatever they do and simultaneously be guided, right? they don't have to spend all their extra time reading books. You know, what would be your advice or what would you do? What would the sweet spot be for someone that doesn't want to drop their thing full-time
Starting point is 00:47:29 to look at a screen all day? Right. Well, number one, I don't recommend that a person become a full-time trader because it's a very small percentage, maybe 1% of people that even get involved investing, have what it takes mentally and emotionally. So I'm glad you used those two words instead of the one that most people think about. matters, which is knowledge. Yeah, yeah.
Starting point is 00:47:47 No, it isn't. You're right. It's the emotional strength. There was a great interview by Tom Brady, and he was talking about how these five-star recruits are coming out, and they're all five-star recruits based on the numbers. And he said, no, because the national championship was just won by Indiana that had eight five-star recruits, and their opposition had 50. So what's the difference?
Starting point is 00:48:08 And Tom Brady said, the difference is not the numbers. It's like, how does this person handle adversity? What happens if this quarterback throws three touch, three interceptions in a row? How is he going to handle that? How is he going to, how fast does his mind think? Can he read the defense and handle when he gets sacked? So it was always about mental and emotional toughness as the important critical element that determines championships and wins, not the numbers.
Starting point is 00:48:37 And the same thing with trading, it's your attitude, not your attitude. aptitude that determines your altitude in life. Zig Zigler, the great motivational speaker. It's attitude, and you have to have that for people always say, oh, Kevin, if I had your money, I'd have your attitude too. No, the money doesn't give you the attitude. It's the attitude that'll get you the money. You have to have the attitude first in order for the money to come.
Starting point is 00:49:03 You have to believe it, then you'll see it, not the other way around. I'm laughing because it's painfully obvious. you know, I've listened to all sorts of anecdotes or advices or catchphrases or whatever it is. And I listen to them. I register them. I believe that I believe them. Okay. And then eventually I actually get it.
Starting point is 00:49:28 Right? There's that aha moment where it's like, okay, okay, you're telling me that the money isn't what's going to give me the self-confidence. But it's easy to say that when you already have it because right now I don't have it. So I don't know what I don't know when I get. So I believe in. my best interest, given that what hurts right now is the lack of money, then sure, I believe you, but no, I don't, right? And then the number of people, I see, there's a divergence. And I tell these people, there are two types of billioners, like, or people that are really wealthy, let's go
Starting point is 00:49:57 with, I don't know what, number one or two, number two right now or whatever might be, but like Elon Musk, why don't they go to Mars when he was in college? That continues to be his conviction. The fact that he's become, what he has become is because he's still trying to get to Mars. Right, exactly. Everything that he does, whether it's a, it's not a distraction. He didn't get into the electric car. It was the energy business. It's all, you can literally connect the dots to it. And the fact that he's making money, it's because he has this destination.
Starting point is 00:50:27 And he's taking care of his journey so well that he doesn't, you know, I never thought I was going to write a book. But there was a moment at the time where I had to write a book in order to get to a thing. I made more money with that book. I didn't think that money, the books made money. It got me through COVID, right? And it was because of this direction. But you are very correct that there's two types of people that end up getting money. The ones that never let go of that mentality is when I get the money, that'll be good.
Starting point is 00:50:56 And the ones that are like, when I get to Mars, then I'll be good. And they're the ones that are happy and they're today happy because they're still on their journey and they will forever be. And the ones that actually get the money and they realize that. that there's more that they don't have. There's a guy above them. And then they just, they're in the hamster wheel, right? They don't realize that they're in this infinite loop that you can not get out of because you're right.
Starting point is 00:51:20 And I guess I was more of a statement than a question. But, no, I wanted to clarify that my expression was by no means making fun. It was, it is harder to express what you just said until people live it. And the thing about it is, this is what I've. was told. I was with a guy, 1979. We walked into a restaurant. It was me, him, and a bunch of people. I was the young kid. And, you know, like, what's the kid doing here? Like, get away from me, kid, you bother me. And I sat at the table and I said, what's some advice for a young person about making money? And he said, when you walk into any place, walk in like you own it. And I said,
Starting point is 00:52:05 well, when I have your money, I'm sure I'll have that attitude too. Because that's what they thought. It's like, yeah, it's easy to have the attitude when you have the money. He says, no, you have to have the attitude first. The money doesn't give you the attitude. The attitude gives you the money. I said, but how do you have that attitude when you're broke? When you walk into a place, you have no money.
Starting point is 00:52:24 And he goes, just feel like you're a little illiquid at the present time. And it was like this dichotomy. And funny thing, years later, I'm watching the black, list with Raymond Redington. Yeah, of course. And he gets wiped out. A couple of his people, like, you'll take all his bank accounts. And he walks in to look at some art.
Starting point is 00:52:45 How much is this painting? $30 million. Well, I think I'll take it. But right now I'm a little illiquid. Because he didn't have any money. He was completely pennilist. But it was funny, but it wasn't funny. It's the right attitude.
Starting point is 00:52:58 And there was a guy on stage. I told you we took over the yacht, the region cruise line ship, the Pearl, for the entire week. So the whole ship was all of our people. all of our members. And a guy was on stage telling the story about how he wanted this particular Rolex watch and he walks into the store and he has no money. He's got no cash. And he says, I'm looking for a watch and they said, what's your budget? And he goes, it's unlimited. I just want, it's a particular watch that I like, if I find the right watch, it doesn't matter what it costs. So he, he's there for an hour. They bring him the coffee and he was looking at all these watches.
Starting point is 00:53:26 And he finds a watch he wants. And it happens to be the most expensive watch in the shop. And they have to order it. They go, it's going to take a year or two. It's a very special, you know, one of a kind type of watch. Well, he had no money anyway. So make a long story short, a couple years later, they call him, and say, your watch is in. And now he has the cash. And then he goes, buys it.
Starting point is 00:53:45 And he showed everybody the watch that he had on his wrist. He goes, and here's the watch. He says, but if I didn't start dreaming and having the attitude two years ago, I probably wouldn't have had the money today to pay for the watch and pay cash for it. So you have to dream big, and you have to dream big before you have the money.
Starting point is 00:54:03 People do this. I'm sitting around a table and we're talking about I'm buying a plane, a $35 million plane. And the first thing one of the guys says is, well, how are we going to afford that? We don't have the money for that. Cancel, cancel. The how will present itself. The universe will figure out the how.
Starting point is 00:54:20 You don't look at your income and say, this is how much money I make. Okay, that means that's what I can afford. You dream and say, this is what I want. What does it take? Then this income will automatically imagine. get bigger, just like you said with Elon Musk, I need to go to Mars. Well, the universe says, okay, well, you need money. And then it creates all these opportunities for him to make the money to get his dream. So you have to dream big. Now, you can't live in a dream world. You can't be
Starting point is 00:54:49 delusional, but you have to dream and keep you dreams to yourself. So people are out there and they want to make money and they're struggling and they go, I don't know what to do. I don't know how to do it. Well, Keystone, for example, to me, is this one of a lot of great opportunities, the Keystone newsletter. And people can click on the link and they can get more information on it. And if they do it, you know, we'll give them a good deal on the thing. But you get a newsletter and it tells you this is the crypto to buy at this price and this is when you sell it.
Starting point is 00:55:22 It's paid by the numbers. Plus, they have the opportunity also if you want to, to learn. about that space and get your mindset right and learn about the companies or the coins or the technologies behind the coins and how it works, which will raise your level of confidence in yourself and your decisions so that you're not operating out of fear, that you're operating with a sense of confidence. And also with the stop losses that he shows you, you can't lose lots of money. There's these safety nets there. So a person says, oh, I lost all my money in crypto.
Starting point is 00:56:03 Okay, well, you're an moron, quite frankly. If someone says they lost all their money in crypto, the only thing I can say is you either A or not very intelligent, and probably that's not the case. You would just misinformed. You were not educated. That's really what it came down. You just didn't know.
Starting point is 00:56:22 Because if you do it right, it's almost impossible. It virtually is impossible. Because even in the stock market, I mean, you can put money in Charlie Munger, who was Warren Buffett's partner, who was the brains behind the thing. He used to tell me all the time, it's impossible to lose money in the stock market. It's impossible. But that's Charlie, people lose it all the mind. Yes, because they sell. That's exactly right.
Starting point is 00:56:49 Zoom out on the stock market history. Bottom, like, you know, like bottom low and like top to the right is the right? You know, like it goes up. It's impossible. It's impossible. And I said, well, there's a lot of people that say that, oh, if I put all my money in the market or in crypto, I don't have access to it. He goes, they just don't know. You get a line of credit on it. I mean, it's an asset that can be used so you always have access to the money. And it's like a bond. All you're doing is paying back the interest. You don't even have to pay back the principal. So you can be like a publicly traded company getting
Starting point is 00:57:22 bonds with your own money, have access to it when you need it from time to time. He goes, it's just lack of education. And that's what I like about Emon and the Keystone Newsletter. It's written in English. It's simple to read. It's quick to read. They got videos if you want more information. It's one-stop shopping for somebody who wants to take advantage of the crypto space, the investing space, do either passive investing, where you just follow and do what he says, or you can do active investing, where you can do a little trades from time to time, which is what I've done just for fun just to see, oh, this went up 20% yet in one day. Sell, boom.
Starting point is 00:58:04 Oh, it went down 15. Buy again. Oh, it went up 20. Oh, this is like fun. This is like goofy. And then I get bored. It's like, this is just like printing money every day. Yeah.
Starting point is 00:58:15 Well, to me, the way that I'm interpreting this is, you use the word, Keystone can be this. Without it, they're operating them with fear. Well, not only that. They might be, they might not be afraid, but they might be. be directionless, right? They need that layup. They need to have that confidence. There's a signal to noise, and they don't even know they, meaning people that don't know that they, that they're unaware that they're ignorant and they're open to being, they're malleable to open to suggestion, right? So they got the right mindset, they got the right confidence and they got the right attitude,
Starting point is 00:58:53 but they're just listening to the wrong source, right? And the ability for having a, reputable filter, which for me, I didn't have the luxury of, of well-vetted, anything that's proven track record. These are traders, that story that I showed earlier. So you have this kind of layup where it's like, okay, well, now I've curated this source, right? Now what I can do with this is pick my own adventure, right? Is it, shall I learn from this, right?
Starting point is 00:59:20 Shall I use this as a starting point? Or shall I use this as a tool with which I can save time and avoid me the learning curve because I will make the mistakes necessary to eventually fit. You know, it's just pick your own adventure, but being able to have a direction and know which direction it is and know your starting point without necessarily just being fear, but being able to have a compass. And then you can decide how much to lay into it. Maybe people go into it and decide, you know what?
Starting point is 00:59:59 This is my risk tolerance. My stomach can tolerate this level of volatility or my time only permits this level of attention. Or this is my calling. Yes. Regardless of where you are on the spectrum, you need to start off with not listening to the TikTok guy with the Lambo. Right? Like, follow my advice and they just drop these fake money stacks, which like, you know, and it's so crucial because the Lambo is colorful. And psychologically speaking, it's proven.
Starting point is 01:00:29 to draw your attention because that is the destination, the freaking car, and the piece of paper with words in it, that's black and white. Well, half of the time, you know, back in the infomercial days, when I did infomercial, I was known as the infomercial king. A lot of these guys would go on there and they would sell courses on how to buy real estate with no money down. And they'd be in front of their jet with their name on the jet and their Rolls-Royce. It wasn't their Rose-Royce.
Starting point is 01:00:55 They hired the Rolls-Royce for the photo shoot. The jet they hired and they put a little. little sticker with their name on it. It's all true. And so they put these things together. And look, at the end of the day, there's a lot of people out there making a lot of money. And five years ago, there were a lot of people who made a lot of money that today are broke. And nobody wants to talk about that. It's longevity. It's not the next shiny little object. When it comes to cryptocurrencies and investing, I follow Keystone. That's my choice. if it's good enough for me, it should be good enough for a lot of people, because I have a lot of money, I've made a lot of money, I know about money, it's not a quick thing. It's been a long-term situation. So if a person is out there, that's something they should consider. And not only just follow the advice, but work on the mindset. I'll give you an example. I told you about, you know, Baccarat and Blackjack, and I'm familiar with this. So we were on this ship and they have a casino there. So I was showing some of the people, listen, let me show you how to make money.
Starting point is 01:01:57 in the casino. So I walk in and I go over to the Baccarat table and I have and I'm there and I just put some money on banker and it just happened to win, you know, seven in a row. And then it lost and I looked, I counted my sip and I goes, I'm done. So I walked away and the next day I walked in and made money and the next day I walked in and made money. So after four days I said, look, this is how much money I started with. I am up 45 percent, 45 percent return on a my initial investment in four days. That's pretty darn good. Yeah, yeah, yeah.
Starting point is 01:02:31 I said, you know why people lose money? Because watch, when I sat down, I had three things in my head because I have discipline. Number one, I had a win goal. And the moment I hit it, I was done. Even though it was in six minutes at the table. Because I had a goal. This is what I'm going to win today.
Starting point is 01:02:50 Secondly, I had a loss limit. If I lost this, my stop loss, just like in the market. If I hit that, I'm done. I'm done. No problem. Number three, I had a time limit. It's like a start option. I'm playing.
Starting point is 01:03:04 It's exactly right. This is the point. This is a mindset. See, so I said, I'm going to play for one hour maximum. And I never played for the whole hour. But because I'm always either hit my stop loss or I hit my win goal. So I'm playing for one hour. I says, now watch, you look at anybody else here.
Starting point is 01:03:21 Every single person, 99% of them are going to walk out penniless. They're going to lose all their money that they started with. Why? Because they don't have a win goal. This woman at the roulette table hit two in a row. Yep. And she's got a pile of chips and she's still there. Because she's talented. Yeah.
Starting point is 01:03:41 No, because she's a retarded person is what it comes down. She's a degenerate gambler. She has no, you know what she? I said, you know when she's going to leave? When she has no money left. Yep. That's when she stops. Not when she hit twice.
Starting point is 01:03:53 Yep. You know, 35 to 1, 35 to 1, 35 to 1. She hit twice in a row. And it's like she's got a big path. Why doesn't she leave? Because she's there thinking, I don't know when I'm going to go. I know what I'm going to go when I don't have any more chips. That's when I'll leave.
Starting point is 01:04:09 And people, this is lack of discipline, lack of focus, lack of an ability to concentrate, and also a program in their head that says, I'm not worthy of money. So I'm going to do subconsciously, everything I can do to be broke. This is what happens all the time with. especially younger people. They do things specifically. They do it with their relationship. They do it with their money.
Starting point is 01:04:33 It's like, man, I'm in this great relationship. And now I'm not worthy of this. So they do everything they can to screw it up. Subconsciously, they self-sabotage. They self-sabotage with money. So not only do you have to learn the technique, the how, the system, the strategy, here's what to do to make money.
Starting point is 01:04:52 But unless you're working on your mindset, the champion millionaire mindset, unless you're getting your attitude right, being able to control your emotions, to have discipline and control your mind, you're not going to have any long-term stability, and you're going to be miserable. Because I'll tell you what, the end of the day, the end of the day is this, regardless of how much money you have, and I've been broke and happy, and I've been rich and happy, and I'll tell you, it's better to be rich and happy.
Starting point is 01:05:19 It is. Last night I went to the cigar lounge, whatever the most expensive cigar was, I happened to know what it was, and I happened to like it. not just buying the most expensive cigar for the price, but it happened to be the most expensive cigar. That's what I want. And they had a bottle of McCallan 30-year-old scotch, which I happen to really, really like,
Starting point is 01:05:38 and you don't see it very much. And it was $1,000 an ounce. And to be able to say, yes, I'd like two ounces, please, and I'd like the cigar, and to sit there and go, you know, I'm worthy of this. Not only can I afford it, but I'm worthy of it, and I am enjoying us, and I was with Danielle, and I says, you know, this is spectacular.
Starting point is 01:06:00 I love this. And I love the cigar. I love my company. I love my scotch. I love being me. And at the end of the day, if every person can shoot for, wouldn't it be great if you woke up in the morning and think, I love my life and I love being me?
Starting point is 01:06:18 That feeling. It's awesome. Yeah, it's better if you feel that way with a ton of money. And you walk out and you say, should I take the Rolls Roy, should I take the Bentley, should I take the X-Calibur? Should I take the 1976 Cadillac El Dorado convertible that's like brand new? Which car should I take? And your butler is there, Mr. Trudeau, should I, which car can I prepare for you?
Starting point is 01:06:38 And your chef is there preparing. Yeah, that's nice. And that's how I live. And that's great to live that way. But even if you don't have it right now, I still had that same feeling when I was in a a 900-square-foot one-bedroom, with a roommate sleeping on the couch. I still felt the same way.
Starting point is 01:06:59 So you have to have the feeling and attitude first, and then the money will come. And then when it comes, it's like your state doesn't change. You just enjoy life even more. They asked me where I wore this hat, and I was like, because he likes scotch. No, just kidding. It was a complete coincidence. But act as if, right? No, but I mean, I'm going to point out something that is a.
Starting point is 01:07:25 Jim that you pointed out that was missed by the majority of people. You said, with, without money, with without money, but I need to love myself because here's a thing, it's if you think that you will love yourself once you get the money, you're wrong. And not only that, if you love yourself because you do have the money, then you're going to lose it because you are afraid, right? If it's now been the defining just like my beliefs and the debate, whether it's a politic, you know, like polarized political beliefs and just you attack what I think if you're defining yourself as the number of dollars in a bank account or your net worth then uh that means that you're
Starting point is 01:08:10 that you're that you are not you if you lose your money and that petrific being being afraid of losing it is all of a sudden going to be the very thing that enslaves you from enjoying your life you will not take a move, you will not walk out on the street. You finally got what you wanted, but you can't actually enjoy your McAllen, right? Because you're afraid that maybe it's poisoned or whatever, you know, like I can go on and on. But yeah, you have to love yourself first before you can enjoy the money because you're not afraid to not have it anymore because you've been in a 900 square foot apartment. I think racks to riches to racks to rich, There are very few people that I know, you know, if you were born into money, I think would be the exception.
Starting point is 01:09:00 But there are very few people, if any, they're self-made successful. And if we're using the word money, I continue to not want to use that as a metric. I continue to use that as a proof that you succeeded, right? Elon Musk. He's on his way to Mars and money is the way I can prove. He's doing it again. if happiness and tranquility is what you're seeking, that has to become part of your identity or else the lack of money is your new jail cell, right?
Starting point is 01:09:37 And so, yeah, that is what you said without actually saying. At least that's what I heard. That's exactly correct. Yeah. And at the end of the day, there's people watching this that are starting on. off. They want to make a lot of money. And they're real focused because they think that money is going to give them the girl or the guy. It's like, oh, if I have a lot of money and I wear all the bling, and I was told to wear all the bling, by the way, because I said everyone likes to bling. Okay. I wasn't told that thing to probably wants. Okay. And it's nice to have. You know, if I'm on stage, I like it. I don't wear it that often. But to have, you know, a 10-carat diamond made by Michael Bodry, who's my jeweler in Beverly Hills. He's the kind of jeweler to the stars, and he custom makes all my jewelry or whatever in platinum. That's nice to have the money and to be able to just pay for it.
Starting point is 01:10:28 To say, I like it, I want it. Perfect. I want the suits custom made. I want it. Fine. I want the alligator shoes by John Lobb, custom made $15,000. I want them. Yeah, give me three pair.
Starting point is 01:10:41 You know, it's good to have the money. But if a person is watching and they think that the money is going to be. going to give you that sense of, oh, I am a somebody because I have the watching. So I have to wear the watch every day. Because the watch is who I am. If I didn't have the watch, then people are going to look at me not know that I have bunny. So I have to wear the watch. It rings. You don't want that. You want to have the money. And it's great to be able to have the Lambo, to have the rolls, to have whatever you want, the cars, the clothes, the penhouses, to be able to go to the clubs and order the champagne and not care that they charge your $15,000 a bus. And, you know,
Starting point is 01:11:17 bottle and rip you off because it's a table service, you know, cool, hip, you know, place in Vegas. Okay, if you want to blow your money that way, that's fine. But to have that, but don't think that that is going to give you that sense of wholeness because it's not. And the people around you are not there for you. They're there for what you're going to, all the stuff you're giving them. The ideal scene is to have a balance between these two. And that balance is to have that sense of, I like being me.
Starting point is 01:11:47 You know, I love myself. I like being me. Not just I love my life, but I like being me. And I like being me alone. I like just sitting here. And I sit there in my house or I sit there anywhere, whether it's a coffee shop or something by myself. And I always think, you know, I love myself.
Starting point is 01:12:05 I like myself. I love being me. And I don't need somebody. In a relationship, a guy will think or a woman, you complete me. Okay, well, if that's the case, then you need some help. because a person should never complete you. Is that a copyright violation? It's a copyright violation.
Starting point is 01:12:24 I'm not like sour about it or anything, but yeah. Yeah, the movie. So the point is if you think that somebody completes you and that you're miserable without them, that means you're not whole. What you want is you don't want, oh, you know, you're my better half, okay? No, you should be whole, that person should be whole,
Starting point is 01:12:44 not needing each other. But together you create a new entity, It's an us. It's not one entity. It's another entity. It's called us. So if you love yourself at our completely fine being alone, and your partner says, I'm doing this or whatever, good,
Starting point is 01:13:01 because you're fine here. You don't need them clinging, right? So their whole, your whole, and together, you make another entity called us, and you're this power couple. But that comes from feeling good about who you are, not needing anything to complete you. Also, it means not needing money to make you whole.
Starting point is 01:13:22 Then the other side of the coin is, if you are in that state, at least to some degree, okay, no one's perfect. But if you are in that state better than you are now, then it's going to be easier to make money and more fulfilling and fun. And then when you're out there hustling and doing some trades and you make a score, you make a 10x. Well, I put up a thousand. Man, I just made 10 grand. Wow, you know. Or you put up $5,000 and you make a $20,000. I just put up $5,000.
Starting point is 01:13:51 I made $100. Oh, wow. You know, I tap into my treasure account, and all of a sudden I see all these extra zeros. I go, it's, Emon, it's broken. There's something wrong with my treasure because there's a bunch of extra zeros. What's happening? And he's like, haven't you been paying attention?
Starting point is 01:14:05 I says, no. He says, well, everything went up, 100x. You know, what would I told you to buy? I go, you mean, that's real cash in my bag? Yes. How do we convert it to U.S. dollars? Remember this? We were like messing around. And he was like, well, it's too much money to handle through this exchange.
Starting point is 01:14:23 So we have to do this exchange. So we're on the phone. I mean, that's exciting, right? That's fun. But it doesn't determine who you are or label who you are. It's just now a fun activity. And it's a result of who you see yourself as. So I am very thankful of something that this is being recorded.
Starting point is 01:14:44 Because although I feel like I continue to learn, And I've, every sentence that you say is very carefully crafted and jam-packed such that I look forward to learning more, but I'm also going to be selfish and just ask you an open question. Give me more. Like, how can we, like, what can you tell me? Like, what, what don't I know that I don't know? Give me, please, more knowledge because this is just invaluable. And to the audience listening to this, school me. Well, it's hard in the time that we have.
Starting point is 01:15:20 Obviously, I know our time is coming to a close here pretty soon. But I would encourage anybody if they want a specific technique on making money, Keystone is the way to go. They can click on the link. They can get the Keystone newsletter. It's as simple as step one, just do what they tell you to do. Buy this coin when they tell buy it. Sell this coin at this price when they sell. Sell it.
Starting point is 01:15:40 That's simple. If you want to become a little more active in terms of active investment, not trading, but active investing. There's videos that teach you how to do that. You can get actual real people on the phone to counsel you and coach you and mentor you. And you can do very well. We were just on the ship, right?
Starting point is 01:15:58 We were just on the ship when the woman came up and said she started with like 10 grand, I think. 18K and she went up 300,000, right? I mean, and she was not a young, 80-something years old. Okay, now the first part of had me bored, but now you got my attention. Yeah, she was 80-something years old, but spry. I mean, spry, right?
Starting point is 01:16:15 And she came up and said, man, my retirement, my whole life has changed because now I'm set. You know, I don't have to worry about money. And she's got, you know, pension and Social Security and stuff too. But now she's got this big, huge extra. And she's continuing to follow his advice and scoring. And then there were young people there in their 20s that, you know, they went seven figures. It was this one guy who went, what, $8 million, he said on the video. He says, I started with a couple thousand and I have that $8 million in my account.
Starting point is 01:16:45 So, I mean, people have made big scores, but it doesn't matter if it's a big score or a small score, if it's a consistent score. Success is planting seeds and cultivating that crop. If you want oranges, number one, you have to plant an orange tree seed. You can't plant a tomato plant seed and expect oranges. So you have to plant the right things to get the right money. but if you plant the seed for oranges, don't expect them tomorrow. It's a seed and you have to water it and fertilize it and as it grows, you have to trim it and cultivate it and you have to let it become a tree and there's a time for planting and there's
Starting point is 01:17:29 a time for harvest. You have to plant the right seed, cultivate it for a period of time, and then it's harvest time. and that one seed gives you tens of thousands of oranges forever. That's financial freedom and financial independence. And that's what Keystone teaches, not just how to make a 10x score or a 25x score or 100x score on a trade. It's really how to cultivate and develop total financial freedom and total financial independence, which means your money is,
Starting point is 01:18:08 making you money even without your attention. And that gives you complete freedom and liberation in life. It's a great life to live. So that's number one. And if people want more information on me, they can just go to Kevin Trudeau.com. My newest book is Your Wish is Your Command, which is the it's really the Bible of how to get your thinking right and how to create and manifest a life you want. It really is the success system that never fails because when it's used and applied, it works 100% of the time. It fills in all of the blanks or the holes that are in like the secret, the law of attraction, or any other. And there's a lot of good books out there on success. I recommend them.
Starting point is 01:18:54 You know, the magic of believing, think and grow rich, ask and it is given. The magic of thinking big, how to win friends and influence people. The secret. See you at the top by Zig Zig Zig. those are all really really really really good books but they're also full of holes is things that are missing and your wish is your command this book which is on amazon as well that fills in every hole because every question that's been asked is answered in that because i saw all these questions over the decades from people saying we know i tried thinking grow rich but here's how come it didn't
Starting point is 01:19:32 work and this is what the problem was or i tried to apply this and it didn't work and why and Okay, well, how are you applying it? Oh, okay, well, okay, that wasn't clear enough. So when I put together Your Wishes Your Command, it answers all those questions that people have had for decades of why they've read these books and didn't get the results. Kevin, I have to say with the most humble word, like I, you know, genuinely appreciate and I'm grateful for listening to,
Starting point is 01:20:04 well, first having the pleasure to meet you, but actually having this, this just tremendous amount of wealth, I was not kissing your ass when I said, I'm going to watch this video over and over because I'm going to learn more each time I watch it, right? I know how much I didn't catch that went over my head. Thank you. And that was a very legitimate thank you because, you know, there's a lot of things that I know that I know. you've framed it in a way that you've made me realize that I, quite frankly, I'm nowhere near knowing what I don't know.
Starting point is 01:20:45 So thank you so much. And I hope that everybody that's listening to this, take those words seriously in the sense that this isn't just a catchphrase. It's not some slogan. It is quite literally. I realize now just how much you gave that I missed, that I look forward to rewatching. And thank you so incredibly watch.
Starting point is 01:21:06 Well, it's my pleasure and a pleasure to be here. And I would just say, it was one last thing before we go is if a person is watching, and for everybody, you were born to win. People are, they're engineered for success. They're actually designed for accomplishment. And in all of us, we are endowed with the seeds of greatness. I would just say, embrace the greatness that's within you. Believe in your dream, believe in yourself, and don't let,
Starting point is 01:21:37 anyone ever steal your dream.

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.