Search results

Agree, good rule of thumb, whatever your emotions are telling you to do, strongly consider doing the opposite. Honestly, can not think of a time that was not the right move since I have been in this space. It will be interesting to see how things play out with alts. The new theory, mostly...

uncanny how the 4yr cycles keep moving the same way

If this is your first business, I would focus on what you are good at and has a reasonably low risk of failure or limited downside. If you have limited funds a service business is one of the lower risk options since you can provide the labor until you start cash flowing positive and can scale up...

No lol

She still got off pretty easy all things considered but at at least didn't get to completely walk

Agree with this, I own a good amount of ETH and have done well with it but agree it certainly may have a diminished role, a lot of unknowns. It will most likely make lower highs when priced in btc over the long term. BTC is really the only thing I would have confidence I could throw in cold...

If this is your goal, focus on dramatically increasing your income and savings rate. Not sure where you are now but in order to have a chance of achieving something like this in that time frame, you need a high income and expenses low enough you are saving/investing 40%+ at least

Oh man, I did some of the dumbest things imaginable first cycle. My crowning achievement was buying 2 Walton guardian masternodes, buying 30k worth of GPU's that I paid some guy to run for me, he went belly up and sold all my equipment! Spent 3yrs tracking him down and beating my money back out...

A lot of stories like that, most people are just drawn in by the price action and did not do the work to understand what they actually held. Without that, its hard to have real conviction to not only hold but continue to buy on a 85%+ drawdown. For a time, it was my obsession learning about it...

Love how this thread keeps getting brought back lol Need to re read from the beginning again one of these days. Barring some huge financial meltdown or black swan, I think we start moving again relatively soon over new few months

I think everyone goes through that phase when it really clicks and you realize just how impactful it is. From 2017-20 I was like the pied piper, it was constantly on my mind and probably spent the majority of my free time just reading and learning about it. I would get into constant debates...

If you need a good insurance broker I can give you a referral, I have dealt with a lot of them, he is good

I was just having this type of conversation with a friend yesterday at lunch, we both started business's around the same time and were reminiscing about our early struggles and how much things have changed financially. He was telling me a story how he went BK over a 15k debt in the early 2000's...

Has your strength/lifts shot up pretty quickly? When you are throwing on muscle, sometimes your tendons can't keep up with the extra load. I messed up my lower back lifting pretty bad years ago, so also just avoid any exercises that put a heavy strain on it. Just not worth the risk anymore. I do...

I am a year older than you and was also feeling similar in terms of breaking down. I started TRT in February of this year and can not say enough how much it has been a game changer in terms performance, energy, recovery, mood and drive. I am also on a low dose of hcg and hgh. My body feels like...

This is a good list, just to add to it here are a few of my observations Willing to take risks and bet on themselves. There are many super talented and intelligent people who are never willing to do this part and are more comfortable in a career and retirement plan, often times a high paying...

Not one for one, but if we used the same metrics we did in 1980 inflation last year would of been closer to 14 %. Also the $1.72 in 2000 and $3.49 in 1980 is not even close to reality if we are talking about housing, stocks, healthcare, education and food. Not factoring those into the real...

There is absolutely a correlation between monetary expansion and the percentage gains in the stock market. Besides some tech and a few outliers most stocks have been flat the last decade plus when factoring that in. Until the last few years most inflation has just been reflected in asset prices...

CreaTren

Automate your saving and investing where it automatically comes out of your bank account every pay check. Shoot for 20%+ even if you can't do that now start somewhere. Make that your goal and figure out how to make it happen. It will probably require you to downsize your spending and also...