We've all heard this term in the cryptosphere before... WAGMI

It stands for "We're All Gonna Make It"... as in we’re all going to make lots of financial profit here.

But are we really all gonna make it? I mean is that even mathematically possible? Where is all this money that we’re making coming from? Great questions 😅

I'm an optimist so of course, I think we are all gonna make it...but I don't think we are all gonna make it at the same time and mathematically we can't all make it from the SAME projects in most cases.

Being early in crypto has amazing advantages and provides regular everyday people the opportunity to participate and invest in ideas that have the potential to change the future.

This is a big deal because unlike the traditional finance world, where you have to be an "accredited investor" (I.e. an individual or a business entity that is allowed to trade securities that may not be registered with financial authorities), there isn't someone telling you that you need 1 million dollars to be ALLOWED to try participating in one of these opportunities.

To be fair, they claim these laws are for your own good because it's “risky” investing in early-stage opportunities, but they also are the only thing that would be able to give substantial returns for someone who doesn't have a lot to work with. More risk = More reward.

All in all, I don't believe that just because you have over a certain amount of money it should determine that you're allowed to take more risk (and possibly earn more reward) than someone who is not yet wealthy. That feels more like keeping good opportunities only for people who have already made it.

From that standpoint, crypto has opened the floodgates for the everyday person to speculate on projects and take their swing at "angel investing" in some senses.

This is great! But how do you make sure you don't end up making a fatally wrong bet, getting rug pulled, or becoming someone else's exit liquidity?

The rest of this article will serve to help you understand one thing:

WHAT BET YOU ARE ACTUALLY MAKING WHEN YOU INVEST IN A SPECIFIC PROJECT & WHY.

This will help you craft your thesis and give you an idea of what position you are taking in the bet (in other words it will tell you what "game" you are truly playing).