The Revolution of Cryptocurrency: How to Achieve Success with the WAGMI Mindset

Token Trekker Crypto & Travel
Coinmonks
Published in
5 min readApr 17, 2023

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We don’t hear the expression as much these days but the rise of cryptocurrency led to the emergence of a unique mindset among many crypto enthusiasts, known as WAGMI or “We’re All Going to Make It.” This mindset is characterized by a belief in the long-term potential of cryptocurrency, and the conviction that investing in this space will lead to significant financial success.

While some may view the WAGMI mindset as overly optimistic or even irrational, it is important to recognize that it can also be a powerful motivator for those investing in cryptocurrency. By embracing the idea that they will succeed, investors are able to approach the volatile and often unpredictable cryptocurrency market with a sense of confidence and determination.

One real-life example of the WAGMI mindset in action can be seen in the story of Erik Finman, a young entrepreneur who made his fortune by investing in Bitcoin at the age of just 12 years old. Despite facing skepticism from those around him, Finman held fast to his belief in the potential of cryptocurrency, and his perseverance ultimately paid off in the form of a multi-million dollar fortune.

The WAGMI mindset has been applied successfully to many unconventional cryptocurrencies, one of which is Polygon. Launched in 2017, Polygon was designed to address the scalability issues of Ethereum, enabling faster and cheaper transactions. In recent months, Polygon’s popularity has soared as investors recognize its potential and embrace the WAGMI mindset. This surge in interest has resulted in a significant increase in value, making Polygon an enticing investment opportunity for those who possess both strong resolve and a positive outlook for the future.

From a psychological perspective, the WAGMI mindset can be seen as a form of positive thinking, which can have numerous benefits for those investing in cryptocurrency. By focusing on the potential rewards of their investment, investors are able to maintain a sense of optimism and resilience in the face of market volatility and setbacks.

Furthermore, the WAGMI mindset can help to foster a sense of community among cryptocurrency investors, as they come together around a shared belief in the long-term potential of this exciting and rapidly-evolving industry.

The WAGMI mindset, which emphasizes the belief that investing in cryptocurrency will lead to financial success, has proven to be a powerful motivating force for investors. However, it is crucial for investors to approach the cryptocurrency market with caution and careful risk management. While the WAGMI mindset can provide a valuable source of optimism and determination to weather the ups and downs of the market, it can also have negative side effects that should be considered.

Firstly, it can lead to overconfidence and a lack of caution when it comes to risk management, causing investors to make rash decisions based on emotions such as greed and FOMO (fear of missing out).

Secondly, the WAGMI mindset can create a social pressure for investors to keep investing more money into cryptocurrencies, even beyond their means, leading to financial instability and potentially harmful behavior.

Thirdly, the WAGMI mindset may cause some investors to downplay the potential risks associated with the volatile and unpredictable nature of the cryptocurrency market, potentially resulting in financial losses.

Overall, while the WAGMI mindset can have negative side effects, it is important for investors to approach cryptocurrency investing with a balanced perspective, taking into account both the potential rewards and the inherent risks involved. By doing so, investors can harness the positive aspects of the WAGMI mindset while avoiding its potential pitfalls.

Dillon’s Story

Dillon, an enthusiastic young man, held an abiding fascination for the novel concept of decentralized finance and the boundless potential of blockchain technology. Despite encountering initial skepticism from his confidants and kin, Dillon tenaciously adopted the WAGMI mindset and embarked on his venture into cryptocurrency investment.

Dillon’s odyssey was not without obstacles and hardships. He encountered instances of skepticism and ambivalence, as the market underwent fluctuations, causing his portfolio’s value to appear stagnant and even greatly diminish at times. However, his faith in his investment strategy, which included the practice of dollar-cost averaging, never wavered. He remained resolute in his dedication to his long-term aspirations.

As time passed, Dillon’s unwavering patience and unrelenting diligence paid off, resulting in exponential growth of his investments and a well-deserved harvest of the rewards of his hard work and dedication. Through his success, Dillon emerged as a prosperous cryptocurrency investor and a beacon of inspiration for others to follow his footsteps on the path towards financial success. Perhaps it was Dillon’s new Lambo that grabbed the attention of his friends and served as a testament to the lucrative potential of cryptocurrency investment.

Dillon’s story is a true testimony of the effectiveness of the WAGMI mindset and the importance of believing in the potential of cryptocurrency. He started his journey with skepticism and uncertainty, but his dedication and commitment to his investment strategy paid off in ways he never imagined. Dillon’s investments began to grow exponentially, and he found himself achieving financial success beyond his wildest dreams.

Moreover, Dillon’s success story is more than just about financial prosperity. It underscores the fundamental shift that cryptocurrency represents, and the transformative power it holds over our traditional financial system. By taking an educated leap of faith and trusting in cryptocurrency’s potential, Dillon unlocked the doorway to a brighter financial future, not just for himself but for others who follow in his footsteps. Dillon’s narrative is a testament to the potency of the WAGMI mindset, which holds the key to realizing the full potential of cryptocurrency even today.

And so it is to all the crypto enthusiasts out there, I urge you to adopt the WAGMI mindset and approach your financial goals with unwavering determination and a relentlessly positive attitude. This winning combination of tenacity and optimism is the key to achieving personal success and contributing to the creation of a brighter future for our financial ecosystem and the world. After all, if you don’t believe in your own potential, who else will? So go ahead, say it with me, WAGMI — because you know what they say, “When you invest in the right coins, you truly can’t help but say, ‘Whoa, Amazing Gains, My Investment’” or rather, don’t worry, “we’re all gonna make it!” And I choose to believe it. Do you?

Need an easy to read encouragement about why you came to Bitcoin in the first place? Read this: https://medium.com/@tokentrekker/bitcoin-is-easy-and-better-than-gold-334796875018

Need to take that educated leap of faith??? Learn a bit about faith and fundamental analysis here: https://medium.com/@tokentrekker/beyond-belief-the-role-of-faith-and-fundamental-analysis-in-crypto-investment-strategies-7e6d7c576ca5

My blah blah blah disclaimer: I am not a financial advisor and cannot provide investment advice. Cryptocurrencies and investing in general involve risk, and individuals should conduct their own research and consider their personal financial situation before making any investment decisions.

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Token Trekker Crypto & Travel
Coinmonks

Crypto Gem hunter | World Traveler | Editor of Crypto Currents