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
Since then we've started a remote web dev company @SquarecatWebDev and been lucky enough to have completed several freelance projects 💻 that have kept us on the road.
In the last few months we've become a huge part of this amazing new Maker community and have found so many new friends from @makerskitchen, @women_make_ and several others! 🥰
We love travelling together (even if I'm only a glorified laptop watcher 😒) but we're both much happier being able to share our ideas outside of our own little bubble and our products have benefitted too!
Here's to another year of nomading with my favourite person and to the Maker community continuing to grow with our help! Maybe one day we'll all get to meet each other ✌️ 💛
It's a pretty amazing story. So I hope you stick around to the end.
Years ago, while on a family snowboarding trip, my mom came down with a cold. By the time the trip was over, it had gotten worse. Hours after we flew home from the trip, my mom was admitted into the hospital. In less than 24 hours, she would be in ICU on life support.
A sickness had taken over her body and started shutting down her organs. Weeks went by with my mom's life hanging by a thread. It was such a delicate balance between medications to keep her alive and fight the illness. The doctors and nurses did an amazing job. True heroes.
Eventually, the doctors came to the conclusion that they'd tried everything they knew, but my family wasn't ready to give up the fight. We stood strong and pushed forward, holding out hope for a miracle.
So the doctors kept fighting to save her. Many days had passed with my mom under sedation and other heavy medications. At this point, the cure was almost as deadly as the illness. They took her off the sedation, but my mom never woke up. She was in a coma.
I define success as a series of habits that you build and abide by to create your own reality.
Practicing these simple habits will surely make you successful, no fluff.
1. Focus on the things that matter - intently focus on what is essential for you and your goals. Block out distracting information, ideas and opinions.
Always ask in the course of the day,
"Is whatever I'm doing important?"
2. Empower others - one thing remains true than ever. Good leaders set themselves apart by effectively influencing and empowering those around them.
This is how great leaders shine with heroic display of empathy and compassion when others are down.
3. Delegate your weaknesses - There's someone who is strong at your weakness. They will do what you can't more efficiently at a cost.
This gives you enough time to build on your strengths.
Have a team that will work for a common course.
1 RT = 1 Life Lesson
First one is on the house.
Those you trust the most are those in the best position for betrayal.
Active listening is a false God.
Most people will waste your mental space.
If you want to say "no", dont use any other word.
Seeking approval is the first step to auto destruction
You May Also Like
The court said asshole administration revoked asshole Jim Acosta's press pass without due process. WH deemed him press, gave him a press pass, then they kicked him out without even being able to say who made the decision or on what grounds.
We want hostile, combative reporters. We **want** that. **You** want that. We want that because the press secretary of every single administration is a liar. Even the ones you like. Lying is their job. They show up to avoid answering, but give the appearance of being answerable.
It shouldn't be easy for government to just refuse to be answerable. It should be hard to dodge. Hard to kick people out. Hard to control the narrative. That shouldn't be easy for the gov't. Not even your most favoritest president.
You, the American citizen, want the truth. Reporters should be there to get it. That means asking questions doggedly, demanding answers. This is not an obscure idea. It should be obvious to anyone who's experienced having a president you didn't vote for. Super rare right?
#cphftw #sthlmtech #helyes 🇩🇰🇫🇮🇮🇸🇳🇴🇸🇪
- Join & start community initiatives to meet people
- Learn from these people about how special the Nordic tech scene is
- Share this with the world through The Nordic Web
- Realise the real value is in the data, particularly in building network
- Use network to raise a fund
3) In fact, it looks all very strategic, but the reality is anything but.
My lack of vision and goals during this 5 year period was _criminal_
Any movement from one step to the next was never pre-planned and was instinctive, or worse, accidental.
4) While I am embarrassed to think of my headless chicken self, there's also part of me that thinks that none of this would have turned out where it did if I had of been deliberate and strategic about this.
5) In fact, I think my genuine love for the Nordics and the ecosystem is the MAIN reason to explain how I raised my fund & managed to move from step to step.
My story is a good example of how passion can be more powerful than strategy in the early stage of an idea/company.
So, about 5 years ago, we got on facebook. Why? Well, facebook has a big audience and they like to consume on facebook. So, we started posting comics there, even though we got paid nothing and facebook made money off the free content.
Why? Because back then, once in a while, you would say "also hey, I sell books" or "hey, I'm going to be signing at this event" and your facebook followers would actually see it.
Effectively, the implicit old arrangement was "facebook lets me reach readers efficiently, and I supply facebook with free content they run ads on."
Over time, like a bad business partner, facebook basically made it impossible to reach your audience without *paying them*. Thus, you supply them free content on which they run ads, and you get nothing in exchange.
Bin Salman heads only one faction.
Mohammad Bin Salman [MbS] not only has to deal with states in the region that want to thwart his plans for Saudi Arabia [SA} & the Middle East [ME] such as Iran, Turkey, Syria, Russia, Quatar...he also has people inside SA itself that don't like his reforms or agenda.
So when the narrative gets presented that "The only way Khashoggi could end up dead is on the direct orders of MbS" you might want to keep this in mind.
There are SEVERAL ways Khashoggi could end up meeting his demise at the hands of Saudis not working on the orders of MbS.
Powerful factions within SA, several of whom do not like the Crown Prince's reforms or the fact he was promoted to his current position ahead of others in the royal family, could have done this in the hopes of pinning it on MbS.
Too many false/fake news stories came out of Turkey in the past week to say anything further. This latest news comes just after it was reported Pompeo heard an audio of the killing that was quickly walked back in less than a day.