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
We've heard his 'I could have played for India' story a few times. About how one dropped catch in a crucial match cost him his India berth. How he quit the game after that. And became an actuary. Instead of people studying his stats, he studied theirs. +
It's true that his keeper-reflexes have saved many a pickle jar, egg, and tea cup. He has thumbed his nose at gravity so often. we jokingly call him Rakesh Sharma. He'd have preferred Kiri or Rod or Alan. +
Here's his story. Years ago, his team was one wicket away from victory. The opponents two runs away. The pitch was crumbling. Dogra bowled a beaut. The ball pitched and reared up. It took the bat's shoulder and sailed towards him. That was the India cap flying into his hands. +
Tragically, along with the ball, a clod from the disintegrating pitch flew up too. Dad's eyes stayed on the clod. While the ball mockingly wafted by him. And rolled over the rope. It was a catch Kachra could have taken. +
A couple of friends recommended Waleed Aly's essay in The Monthly, "Woke politics and power", so I read it and I had a pretty negative response to it. I wrote a few numbered notes as I was going through it …
1. Aly is correct to note the prevalence of "cancel culture" as linked to the failures of liberal society and the relative disempowerment of individuals, as individuals, within it.
2. An early slippage happens when Aly claims "a generation that inherited the world liberals helped transform". Liberalism is a much older political ideology that emerged alongside the most intense periods of industrialisation and colonisation the world has known.
2a. Liberalism has its foundations in the assignment of certain formal legal rights, especially the right to own private property and sell one's labour—it's intimately tied to capitalism.
2b. Liberalism is the ideology of the Enlightenment and the British Empire, of both slaveowners and abolitionists. It assigns legal rights and status, but we know it inflicts terrible difficulty on many of the bearers of those rights.
My journey started in March 2005 when I got an offer of apprenticeship from CMED. I knew nothing about cars and earthmoving equipment.
I also did not know what a Diesel plant fitter was (our education should do better on this front, careers should not be accidental). When I was chasing apprenticeship, I wanted to be an Auto electrician. When the CMED advert came out I did not have a driver’s licence
or learners’ licence, which is a prerequisite if you want to train in the Automotive industry. Diesel Plant Fitting is classified under the Mechanical Industry, so a driver’s licence is not required on application. I was, however, asked for it during my interview and I had one
The interview was hilarious, I cracked their ribs every now and then but that is where I learnt how to take control of an interview. (I knew no one there as well). I told them from the onset that I knew nothing about the trade, but keen to learn, that is why I applied
They asked me what I knew about mechanics in general. I responded that I knew bicycle mechanics because that it what we had at home and everything else contained in the O level integrated science book Science in Zimbabwe. So, they asked me about stuff that was in
I'm convinced that overcoming fear is the secret to winning at startups, business and life:
Here's some tips and lessons on overcoming FEAR:
The greatest productivity tip of all time:
It isn't to drink coffee or get 8 hours of sleep or use Notion
It is conquering your fears. Period.
Life is too short for fears
"Adjusted for the subjective increase in how fast time passes, life is half over by 23 or 24. Don't waste time."
Time is ticking
Beat your "amygdala"
Amygdala = the part of your brain that registers all your fear
When you have an experience that creates fear, it gets "coded" into your brain
For the rest of your life, your amygdala, is tainted with your past experience
Arm wrestle your amygdala and win
Rejection sucks. But it's one of the most useful ways to refine your craft
Mindset shift: use fear to learn & motivate, not run away & demotivate
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This is the perfect asymptotic approach to the extremes of both Republican and Democratic rhetoric (which are both inevitably devoid of any sound logic) - you eventually get presidents like this. This is a warning call to dissolve the Republican and Democratic parties.
It seems to me our nation is now tossed between two insane extremes, bickering and arguing with each other, embodied in the Republican and Democratic parties. When you get extremist politicians who adhere fully to broken logic and rhetoric, our future is laid waste.
New parties must emerge soon. For fun, I propose a new party : "Uniters" and call the other parties "Dividers" (Republicans and Democrats). We can say that the Uniters believe in uniting people rather than dividing people.
That implies that one 'dominant' world view cannot prevail (including the illusion that we are in fact a set of states United right now) - we have to work and labor hard together to fulfill the promise the founders sought to build this country upon.
For candidates: evaluate prospective employers accordingly.
For startups employing e.g. engineers: given that your candidates should evaluate you accordingly, be *extra special* careful to operate like professionals with regards to e.g. interviewing, offers, and negotiation.
"Can you be more explicit about 'abusive' here?"
Not without violating a confidence, but as someone who has been on hiring side of table and is a capitalist, there are *clearly* things you could do which would be "sharp operating, but we're all sharp operators" in some contexts.
Hiring employees is often not one of those contexts. The nature of the relationship, the asymmetry in power, and the social contract strongly counsel you to be a lot better there than you are minimally required by law / contract.
A thing which aesthetically frustrates me is that a lot of the things I've heard companies do here serve *no legitimate business purpose.* In some cases it's getting tens of dollars of advantage. TENS! On an engineering candidate!
Over the last months @mmkaradeniz and I made a new version. We launched it last night:
@accountanalysis doesn't use machine learning or AI „magic“. Instead of telling users if an account is authentic or not, it helps them to evaluate the accounts themselves.
It visualizes the different features (date, time, type, app, etc.) of Tweets to make them interpretable. /1
@accountanalysis The core concept is still the same, but it looks much better and is easier to operate. Not only for the users, but us developers as well. Enabling us to continuously roll out new features in the future.
Side-by-side screenshots of the old and new version. /2
@accountanalysis Some people had questions what different charts displayed and how they could be interpreted. There are now explanations for all charts, that can be toggled on and off at any time. /3
@accountanalysis The selected/retrieved Tweet count moved to the top to make it clear that not all Tweets of an account are analyzed. 3200 is the API limit by Twitter. It's possible to get more through the Premium API, but I don't think people would pay $100+ for the analysis of one account. /4
Maybe more geeks need to meet someone who says “My job is teleporting value across time and space.”
Financial engineering is sort of a squishy term. I don’t primarily mean payments infrastructure or financial rails, although both of those involve substantial engineering.
I mean more “We took a thing and performed some alchemy, and now have a new thing.”
Except instead of alchemy it is generally quite a bit of math, a huge amount of contract law and due diligence, often an impressive amount of ops work, and a dusting of technology that web devs would recognize as such.
Czego w artykule brakuje, to informacji, że SMP prawdopodobnie przekazało Williamsowi część środków na sfinansowanie sezonu 2019. W przypadku zakończenia współpracy ekipa z Grove będzie musiała zwrócić te środki. #F1pl
To tłumaczy wysokie kwoty jakich Williams ma oczekiwać za fotel od nowego kierowcy. Jest pewnie próg opłacalności i dopóki nie zostanie osiągnięty, to zmiana z finansowego punktu widzenia nie będzie się zwyczajnie opłacała. #F1pl
Tyle można znaleźć w oświadczeniach prasowych... 😂😂😂