1/ So here is a thread on how I turned $32,000 into $1.2m and back to pretty much zero (once taxes are paid).
Just note, I am not bitter or salty in any way at all, the last 2 years have been an amazing ride - travelled the world, been wealthy, been poor.
- Trading (income 1)
- Podcast (income 2)
- Mining (income 3)
- Mining pool (income 4)
- Consulting (income 5)
Yes - all of the above as a one-man army :)
Mining is what busted me most:
- 70 S9s
- 70 DragonMints
The above with setup was like $300k.
Each month digging into my BTC to pay the bills. Finally paying $19k to release from the contract.
Basically paying losses each month with a slowly dwindling balance of BTC.
The good news - I have the podcast which is now generating an income, something a little more reliable
I don't want any donations or sympathy. Sure I regret stuff but I am happy with how it has all played out.
People say don't invest what you can't afford to lose, well don't keep in Crypto profits which will change your life.
It is one of the reasons I have sympathy for maximalism, all these tokens and coins really are silly.
Viva la Bitcoin!
If you want to start a side gig, there are so many tools to help you get started. Here are a bunch of my favs.— Peter McCormack [Jan/3\u279e\u20bf \U0001f511\u220e] (@PeterMcCormack) December 13, 2018
Feel free to add to or critique.
With the tools listed in this <thread>, I reckon you can start an online business for less than $100 a month.
More from Life
Only give these currencies to high value people. Never spend these currencies on low value shitheads eg: trolls, weasels, snakes, naysayers etc.
'Wait, I thought money was the most important currency?'
Once you adopt abundance mentality, you realize their is no shortage of money.
Making the dollars your most important currency will have you leading an empty life.
Time to flip your perspective.
When you strip yourself to the core, you are an emotional creature.
Emotions are your internal worlds energy.
Harnessing that energy is crucial for leveraging yourself to obtain whatever you want.
You have a finite amount everyday, so spend it wisely.
A second that is lost will never be returned.
You start valuing the hell out of this currency the more you mature.
As the years start adding up, you realize time is precious.
You must always have a scarcity mindset towards time.
Once you do so, you will not be lazy.
You can be here, but not present.
Attention is completely mental.
Giving someone your attention means you are clearing up mental bandwidth to make room for them.
Only give your attention to people who help you grow.
For the negative ones?
Ignore their existence
A long time ago, I was a talent agent. I worked for a woman named Susan Smith, who had her own small boutique agency. She was known for three things:
1. She had fantastic taste in clients. If there is someone you admire, odds are good that at some point, she was their agent,
2. She could negotiate a deal like few who have ever trod the earth. Casting would give her all the money they had budgeted for that part, plus a little more, plus promising to get her dog Barnaby groomed. She was magnificent to watch.
3. She was insane.
I'm sure you're thinking, "Quinn, it's the entertainment industry, they are all insane." Yes, many are. So consider this; if you told someone you worked for Susan, people who worked for insane people would look and you and whisper, "I hear she's insane."
1. Self-Respect is paramount
Without self-respect, nothing else in life is possible. Discipline, integrity, work ethic, values: they're all made possible through self-respect. Guide your actions with the question “What would a self-respecting man do?” Then do that thing.
2. Everything must be earned
You are owed nothing. The world will rightly treat you as such. You must believe you are capable, and you must believe you WILL achieve your goals. But you must never rely on others to do the work for you. If you don't earn it, it isn't really yours.
3. People are ultimately self-interested
People will behave in whatever way is most expedient for them. It isn’t right or wrong, it’s just true. People want their problems solved, and they want to feel good. Give them those things and you’ll never be wanting.
4. Compounding powers the world
Success is the result of your daily actions. The effort you put in today, whatever the endeavor, will build on itself over time. Investment, strength, knowledge, the rules are the same: 1% of 100 is much less than 1% of 1,000,000.
Tomorrow, I will drop hard copies of this letter in the mail, but I've emailed it to the GOP office and also to Senator Cassidy's office today.
*sorry for the run-ons and so forth.
Your tone deaf condemnation and censure of Senator Cassidy is misguided and alienating.
As it turns out, remarking that he is without a party places him in a privileged arena if our state’s Republicans are choosing to categorically deny the Senator his
elected responsibility to listen to evidence at a trial and cast a vote appropriate to his conscience.
Senator Cassidy has the ability to muster the courage it takes to be truly honorable, and extend the thought and reasoning it takes to make tough choices regardless of
subversive pressure being applied.
Unlike yourselves, Senator Cassidy has the capacity to read a room. The room he had to read most likely felt cold and lonely. The room he had to read most likely felt suffocating, and fraught with dubious outcomes for himself personally.
But he persisted with honor, and he persisted with valor. He deserves respect for that.
Perhaps reading that room is something for which you should take a look at doing a bit more closely. The Republican Party will no doubt see some changes in the next years.
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First things first, you’ll need a passport with at least 6 months left on it. And you’ll need full travel/third party/health insurance, since if you get ill or have an accident every penny of your care will have to be paid for 2/
To work or do a gig you’re going to need a work visa, just like you do for the USA. But here’s the thing. Work permits & visas and the conditions attached are a matter not for the EU but for the member states themselves 3/
Yes, every member state controls who comes in and who doesn’t and what the rules will be for work and residency. It’s almost as if the Brexiters have been lying about this ALL ALONG. EU members CONTROL THEIR OWN BORDERS 4/
So you’ll need to get a work permit for every country you’re intending to work or gig in and the rules are often different, as are the rules on eg taxation of that work (eg Spain has a withholding tax, France does not) 5/
2/ “But they’re different types of cars so they aren’t comparable!” That’s why we put them into our physics based model that simulates EPA range to separate out form factor from battery/drivetrain efficiency.
3/ Even accounting for the fact that the Jaguar iPace is an SUV, it’s far less efficient than the Model 3.
4/ Which means Tesla should be able produce a car of a given range (or at least the drivetrain) for cheaper than its competitors. (This doesn't even take into account that Tesla is likely making batteries for less than its competitors).
5/ Why is the Bolt so efficient? Perhaps it sacrifices performance to achieve it. Either way the “Tesla Killers” look like they’re throwing everything out the window to try & match Tesla performance.
Please add your own.
2/ The Magic Question: "What would need to be true for you
3/ On evaluating where someone’s head is at regarding a topic they are being wishy-washy about or delaying.
“Gun to the head—what would you decide now?”
“Fast forward 6 months after your sabbatical--how would you decide: what criteria is most important to you?”
4/ Other Q’s re: decisions:
“Putting aside a list of pros/cons, what’s the *one* reason you’re doing this?” “Why is that the most important reason?”
“What’s end-game here?”
“What does success look like in a world where you pick that path?”
5/ When listening, after empathizing, and wanting to help them make their own decisions without imposing your world view:
“What would the best version of yourself do”?
2/ For background: China’s Office of the Central Cyberspace Affairs Commission (formed in 2014) is basically the regulator that has oversight in anything that is internet/ information-related— yes, that includes censorship/ information control/ etc.
3/ This is China’s first attempt at both defining and setting the scope for the “blockchain information/ technology” category from a regulation aspect.
(Link to the notice here:
4/ There are a few mains objectives as laid out in the guidelines: 1. to better define the scope of a “blockchain information service”; 2. To foster the growth of the industry; 3. To protect interests of citizens and 4. To protect the interest of the state.
5/ Rule 10 in the draft points to China’s Internet Safety Laws and will be mandating all blockchain information service providers and **users** to provide identification proof (by way of government issued ID or phone number) in order to use/access the service.
FB POST BY MR PRABEER BASU,
" Received a hurtful post from an old friend and colleague. He was on my daily Broadcast list of WhatsApp. He requested that I do not send him any of my posts on 'political' issues. I gave him a long explaination
on why I write and what I write. But he was not convinced.
Being alerted by him thus, I felt I should clarify to all who read my posts on what exactly I think and do.
The charge against me is that I wrongly support our current Prime Minister, Shri Narendra Modi..
and that it establishes I am not rational and impartial anymore.
Let me try and explain.First and foremost,I do not write on 'political' issues. I write on 'national' issues. For example, I have no opinion on whether Rahul Gandhi should be President of his party or not.
Similarly, I have no views whether BJP is a better party than Congress or vice versa.
Even after 36 years in the IAS I have no MLA, MP or anyone involved in politics whom I can classify as my friend or even acquaintance.
So, naturally I don't care which party wins or loses as long as the winning party runs an honest government doing good to my nation.
Now, why I speak in favour of Shri Modi:
1. Ever since the beginning of my service I realised that Planning Commission was not serving..