It actually works. I work from home. I was able to save up and maximize my time in the crypto space, made life changing money, but I want generational wealth to reward them. My job isn’t 6 figs, but it has so much downtime for me to learn
I've sent this to everyone in my circle. I keep encouraging them to subscribe. It's up to them to do it. I made my 1st website and am starting a 2nd. We've made a few sales so far. 1st internet money we ever made. Never would have done it had I not been following you. Don't know where it's gonna go, but got to at least try. Like u say, 99% never even start. If you're out there wondering, just start something. It begins a process that changes your thinking.
If it's your first shot strongly recommend studying your home page for the first year or two. Most people just set it and ignore it. Study all the good ones in your niche and copy pasta to get the same set design.
If the design sucks no one will look at it.
In conclusion, copy designs, create original products.
Will do. Going to experiment more with the 2nd site. Made all the changes recommended by bowtiedoppossum. As I get more familiar it'll be easier to make those changes.
It's crazy how the book Sovereign Individual is accurate the more and more I think sbout it. I am currently 40 pages in and I am mind blown. Definitely get off zero at minimum asap
(assuming your % figures are cumulative return over the period, not annual return)
200-300% returns on current prices would mathematically put BTC at $140-185k and ETH at $10-13k by ~2024.
In market cap terms:
BTC would be ~1/3rd of gold's market cap (at $3-4tn)
ETH would be 8-10% of Nasdaq 100 or 6-7% of the global tech mkt cap (at $1-1.5tn)
If BTC really takes off as store of value, or ethereum as the infrastructure of the digital economy, those 2024 ratios vs gold/tech would still have a lot of upside in my view.
In any case, 3-5 year plan is clear. Keep opex low, DCA, wait for the inevitable to happen and exit.
This assumes you underperform btc as well! If people don't understand what exponential growth is and this is a *point* in time, they don't deserve to make it anyway.
This is my favorite online community I've found by a long shot. Quit my job on Friday. PE firm focused exclusively on B2B SaaS. Have an engineering/IB background, but really just want to dedicate my time to using my skills to promoting a more informed society when it comes to investing in blockchain technologies by creating content that is brief and more digestible to the masses - similar to stock pitch (obviously the end goal is to drive adoption, only starting with investments for obvious reasons).
Definitely aged well since April. :) I need to do a lot of refining of the value model so similar type projects can be compared in this same format apples to apples. Would love to start a repository of these 3 pagers. I submitted an avatar request to Degenimals on Twitter but never got a reply.
Would love to get your thoughts since you publish a lot of material on valuing projects.
Confused about one thing if you (or anyone else here) can help straighten me out. Believe you mentioned 0.42 BTC / 2.35 ETH / 19.2 LINK was what you eventually would need to become a USTT millionaire for each of those respective coins. $80K invested in that ratio would be well over 0.42/2.35/19.2. Yet in the chart, 450% would get you to $360K. Is the belief that prices will shoot up in the next 2-3 years and then become stagnant or go down? Or is the .42/2.35/19.2 suggestion more for a 10-15 year outlook?
Yep thats a the theory. Even if you don't believe in our view of the future you're basically forced to own say 1%. If you're wrong the 1% saves your life. If you were right the whole time you lose a whopping 1%.
Don't need to go insane like we have but there is no argument for being 0% exposed to the industry
I have gone insane like you have. I’m not quite financially independent, but have put a large amount on this asymmetric bet. Two friends have done the same.
That’s a reference to “getting off 0% portfolio exposure” I’ll help you out here. This is assuming you already have 6 months of expenses saved. Start learning about Bitcoin & Ethereum as fast as possible. Read The Sovereign Individual. Learn the terminology, what hardware wallets are, E Commerce. I recommend you pay for their paid substack. If you can’t do any of that, you’ll stay in NGMI. That’s the point of NGMI. You’re not a static thing, you can get off 0, you can get off NGMI, that’s why it’s level 1. Hope this makes sense.
Enjoy these types of high level overviews. Also like targets that have been mentioned in previous articles such as 0.5/2.5/20 which I think help to focus people on how little it takes even as a hedge if they aren't convinced to go all in.
I'm considering quitting my job, I live in a 3rd world country earning good money here but not actually. At today's money, I'm earning roughly 35k USTT. I'm grateful for my job and I've learnt a lot, but being a software engineer I could be earning more.
This has me a little delayed, need to pay debts first and at this rate I'll do it in around 2-3 years.
Do you recommend moving to the States? Or is it better to stay in this even-trashier-token country? Everything will be cheaper and the weather is good.
I have approx 3 yrs worth of expenses in fiat trash, with a decent amount of crypto (dca'd), my problem is not getting in, its hesitating and going in small. Whilst I did take advantage of low BTC prices, the fact is I am still pissed off at myself for not going even harder. The fiat trash is just sitting there, the stench of it is unbearable and dealing with these mobile clown UI's is getting annoying.
I got no idea how to outperform BTC, literally the only thing I know is buy. And that is it. Whilst this simple approach has been a good start, it is frustrating not knowing how to take the next leap. It really is a deep vague learning curve.
I had the same experience, trying to look for that magic sweet spot. But in the end I realised I'm never going to have a divine revelation for the exact right moment to jump in big. So I just jumped all-in. I did not regret it.
Keep it sinple fren, just buy the big three(BTC/ETH/LINK) for now. We're all trying to outperform Bitcoin, so we wouldn't hold ETH/LINK/DeFi/NFTs unless we thought they would outperform.
"Why'd you move back in w/ Mom & Dad for the next 2-3 years?"
"BTB told me to 🤷♂️"
In it to win it
Lol probably too extreme but like the enthusiasm
It actually works. I work from home. I was able to save up and maximize my time in the crypto space, made life changing money, but I want generational wealth to reward them. My job isn’t 6 figs, but it has so much downtime for me to learn
hahaha did the same with wife & kid in tow. (does help its a giant farm).
I've sent this to everyone in my circle. I keep encouraging them to subscribe. It's up to them to do it. I made my 1st website and am starting a 2nd. We've made a few sales so far. 1st internet money we ever made. Never would have done it had I not been following you. Don't know where it's gonna go, but got to at least try. Like u say, 99% never even start. If you're out there wondering, just start something. It begins a process that changes your thinking.
-BowTiedGarden
If it's your first shot strongly recommend studying your home page for the first year or two. Most people just set it and ignore it. Study all the good ones in your niche and copy pasta to get the same set design.
If the design sucks no one will look at it.
In conclusion, copy designs, create original products.
Will do. Going to experiment more with the 2nd site. Made all the changes recommended by bowtiedoppossum. As I get more familiar it'll be easier to make those changes.
whats your website fam?
jupiterrisingtarot.com
It's crazy how the book Sovereign Individual is accurate the more and more I think sbout it. I am currently 40 pages in and I am mind blown. Definitely get off zero at minimum asap
Yes.
(assuming your % figures are cumulative return over the period, not annual return)
200-300% returns on current prices would mathematically put BTC at $140-185k and ETH at $10-13k by ~2024.
In market cap terms:
BTC would be ~1/3rd of gold's market cap (at $3-4tn)
ETH would be 8-10% of Nasdaq 100 or 6-7% of the global tech mkt cap (at $1-1.5tn)
If BTC really takes off as store of value, or ethereum as the infrastructure of the digital economy, those 2024 ratios vs gold/tech would still have a lot of upside in my view.
In any case, 3-5 year plan is clear. Keep opex low, DCA, wait for the inevitable to happen and exit.
Genuinely excited for the future.
This assumes you underperform btc as well! If people don't understand what exponential growth is and this is a *point* in time, they don't deserve to make it anyway.
Why exit though, unless you think BTC/ETH would go down after 5 years? Why not earn APY% forever and HODL?
Agree, HODL and live off yield.
I meant exit from corporateland.
How do you live off yield, are you referring to staking or yield farming the assets.
Where would you even begin with this, the education is so vague at the moment.
DeFieducation.susbstack.com
DeFieducation.substack.com
This is my favorite online community I've found by a long shot. Quit my job on Friday. PE firm focused exclusively on B2B SaaS. Have an engineering/IB background, but really just want to dedicate my time to using my skills to promoting a more informed society when it comes to investing in blockchain technologies by creating content that is brief and more digestible to the masses - similar to stock pitch (obviously the end goal is to drive adoption, only starting with investments for obvious reasons).
Here is a link to the first and only such report I made due to time constraints: https://t.co/rHwN8pzFsT?amp=1
Definitely aged well since April. :) I need to do a lot of refining of the value model so similar type projects can be compared in this same format apples to apples. Would love to start a repository of these 3 pagers. I submitted an avatar request to Degenimals on Twitter but never got a reply.
Would love to get your thoughts since you publish a lot of material on valuing projects.
That last chart tho. Few.
FEW indeed.
Get off zero even if you hate it.
Confused about one thing if you (or anyone else here) can help straighten me out. Believe you mentioned 0.42 BTC / 2.35 ETH / 19.2 LINK was what you eventually would need to become a USTT millionaire for each of those respective coins. $80K invested in that ratio would be well over 0.42/2.35/19.2. Yet in the chart, 450% would get you to $360K. Is the belief that prices will shoot up in the next 2-3 years and then become stagnant or go down? Or is the .42/2.35/19.2 suggestion more for a 10-15 year outlook?
It is just supply divided by 50M millionaires in the world thats all.
You could try dividing it by 20M US millionaires and it would look like this: 1.05/5.88/48
"For the love of humanity, get off zero at minimum" , please elaborate! I'm still in the NGMI zone.
even if you don't fully buy their hypothesis have at least some crypto exposure
Yep thats a the theory. Even if you don't believe in our view of the future you're basically forced to own say 1%. If you're wrong the 1% saves your life. If you were right the whole time you lose a whopping 1%.
Don't need to go insane like we have but there is no argument for being 0% exposed to the industry
I have gone insane like you have. I’m not quite financially independent, but have put a large amount on this asymmetric bet. Two friends have done the same.
That’s a reference to “getting off 0% portfolio exposure” I’ll help you out here. This is assuming you already have 6 months of expenses saved. Start learning about Bitcoin & Ethereum as fast as possible. Read The Sovereign Individual. Learn the terminology, what hardware wallets are, E Commerce. I recommend you pay for their paid substack. If you can’t do any of that, you’ll stay in NGMI. That’s the point of NGMI. You’re not a static thing, you can get off 0, you can get off NGMI, that’s why it’s level 1. Hope this makes sense.
Thankyou! I am subbed to substack!
This is your best post since "Money Making Machine" way back when.
Enjoy these types of high level overviews. Also like targets that have been mentioned in previous articles such as 0.5/2.5/20 which I think help to focus people on how little it takes even as a hedge if they aren't convinced to go all in.
I'm considering quitting my job, I live in a 3rd world country earning good money here but not actually. At today's money, I'm earning roughly 35k USTT. I'm grateful for my job and I've learnt a lot, but being a software engineer I could be earning more.
This has me a little delayed, need to pay debts first and at this rate I'll do it in around 2-3 years.
Do you recommend moving to the States? Or is it better to stay in this even-trashier-token country? Everything will be cheaper and the weather is good.
Bless Up
I have approx 3 yrs worth of expenses in fiat trash, with a decent amount of crypto (dca'd), my problem is not getting in, its hesitating and going in small. Whilst I did take advantage of low BTC prices, the fact is I am still pissed off at myself for not going even harder. The fiat trash is just sitting there, the stench of it is unbearable and dealing with these mobile clown UI's is getting annoying.
I got no idea how to outperform BTC, literally the only thing I know is buy. And that is it. Whilst this simple approach has been a good start, it is frustrating not knowing how to take the next leap. It really is a deep vague learning curve.
I had the same experience, trying to look for that magic sweet spot. But in the end I realised I'm never going to have a divine revelation for the exact right moment to jump in big. So I just jumped all-in. I did not regret it.
Keep it sinple fren, just buy the big three(BTC/ETH/LINK) for now. We're all trying to outperform Bitcoin, so we wouldn't hold ETH/LINK/DeFi/NFTs unless we thought they would outperform.
is it worth starting a youtube channel for additional income stream or is it better to just create more profitable e-commerce stores
Check out $PLXP plex pharma. Hoping this will transcend me from NGMIville
Do you think B20 has a chance to bounce back?
No comment as not related if you followed our twitter you know what we really think already