@Everyone
**Why Are Many New Rich People From Crypto? Is This Industry the Printer of Billionaires? **
Lately we often see and hear that many rich people are just born from the crypto industry. Not just one or two, but so many. In fact, there are also many of them who are rich but "secretly" because they do not want their wealth to be exposed to people or do not want to share "success recipes" with others about this industry that changes many people's lives. Then, scientifically why are so many new rich people born from crypto?
**#1 First Mover Advantage. **
Crypto is a very new industry so there are so many opportunities that they can take advantage of in this growing asset class. We can see many figures like CZ who bought Bitcoin when the price was still very cheap and rose thousands of times in just the last 10 years. New industries always snare new rich people who must be very large. It is also predicted that the crypto and blockchain industry will continue to grow until 2030.
**#2 Repetitive Cycle Allows People to Do Compounding. **
One of the main characters in the crypto market is the price movement that follows a cycle called Bitcoin Halving. When the cycle is over, the price of Bitcoin will drop so badly that it allows those who "sell above" to buy below again at a cheaper price and a larger amount. In addition, every cycle always gives many opportunities for Altcoins to rise thousands of times, making this market a "money machine" that continues to produce.
**#3 Wealth Creation that is More Wide Open. **
In this industry, there is no seniority, no standard theory, anyone is free to have an opinion and make anything. This freedom is what causes a lot of developers and creators to create their own tokens, create new projects, and businesses related to the "crypto" theme. That is why this industry can grow very fast because there are no limits.
