The Clownhattan Recap - The Table is Set
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The Clownhattan Recap - The Table is Set
Level 1 - NGMI
Welcome Avatar! The Clownhattan event was exceptional! Here on Degen Island 2035, the Koala who was previously injured has already restored all of his artillery. We want to make two notes: 1) it was not wise to have everyone dressed as clowns staring at a prominent building saying “BANKS ARE ZEROS” as this looked like a real threat so the police shut down the perimeter making us unable to send in the Mariachi band <— LOL and 2) we will do something more fun/entertaining next time once the COVID-19 distancing issue has been solved. Congratulations once again in successfully breaking the simulation and changing the course of history forever. Also. Will be sure to do something more interactive when the world is functioning normally again.
Focus on the Big Picture: While many are looking at small cap crypto, high volatility stocks and various other high-risk investments… it is good to take a pause and remember the big themes of this community: 1) you need to focus on getting multiple streams of income. Even if you work for a major firm (Google, Microsoft, a major Bank/PE/HF firm). This is because you are always underpaid (otherwise you wouldn’t be employed); 2) you should continue to run your separate side business until it makes ~2x more than your current career/job/income stream. At this point you’re likely losing money by continuing to work for someone else; 3) you can build a side business and work without giving up your health. If you’re smart and savvy you will not have to work long hours as long as you *play politics* and put in minimal effort. Remember. If you’re the #1 ranked person? You’re doing it wrong. You want to be “good enough’ for promotion and nothing more. 4) There is always a way out. There is always a way to make additional money. There are no excuses. Our audience is widening because the three main strategies are universal. Even if you are an auto mechanic, you can earn money online with car reviews, product reviews etc. There are endless opportunities online. Blue collar work can be scaled online if you care enough about being successful and we’ve seen many examples of this. 5) when it comes to investing… focus on the big positions/bigger outperformance metrics. This is *significant*. While we do have some riskier small cap stocks/crypto positions, the bigger calls (such as BTC at $4,800) are the ones that matter.
The latest one we made with our largest position was also a significant needle mover (paid subs only). We will continue to do our best in timing these big moves and the smaller investments. And. We will be the first to admit that we won’t get everything right. Some things will go wrong. We’ll try to shoot around 75-80% in an ideal situation (lately it has been higher, however nothing will be perfect).
Clownhattan Highlights: The feedback from the event was positive! 1) apparently the average person attending was *extremely* wealthy/smart and many of you are now at least acquaintances. And. May even become degen friends in the future; 2) there was a bit of anxiety as many believed we would turn up - unfortunately we’re living in 2035 at DeGen island. And. You will meet us there at that time! Perhaps sooner if these messages are taken seriously and scams like Centralized Exchanges are crushed by Degens taking all coins offline forever; 3) when things are normalized we’ll do things that are more fun/interactive since there are billions of rules around social gatherings right now, 4) some were worried about remaining anon - so we have created a way to subscribe anonymously. Simply tag our twitter for this and 5) the best part of the whole event is people were finally able to see friends/family in NYC for the first time in months. We’re thrilled you got to hang out with new people and see close friends/relatives.
Investment Strategy: In the end, we’re long-term investors. If you have been following us for a long time, you know our strategy is to buy real projects and wait for the “event”. Sometimes we have *do* have conviction that the event is coming up and other times we find ways to get exposure with limited risk.
In the end though, when you follow this website, understand that we’re generally tilted to long-term investments. Some Turbo Autist went into our old comments and even pulled this which we were trying to hide (now we have to disclose it at the end of the month - in terms of how much we hold).
As you can see from the chart, we’re willing to wait long periods of time for the event and then we keep a core position. This is why we say the same thing every time. If you are ever up 100%, you should sell your principal if you don’t understand what you bought. This is the best way to avoid losing your shirt. Don’t ape, calculate.
We do not enjoy the “pump and dump” game. You can leave that to the VCs/HFs that charge $600-$5,000 a year to shill scams/rugs. Our goal is to find good investments and branch out a bit into educational items as well so people can analyze projects on their own (long-term). The VC/HF model is to jump into projects then have everyone else market it and they sell off for the pump. You can see it easily if you know which wallets to track. People are free to say whatever they like about us, but we’ve built a pretty solid reputation over the last 5-10 years or so (more so since 2017 after investment opinions ramped up). We’ll continue to do our best and you’ll see the effort shine through here and on social media.
Price movement. There is nothing we can do here. If we provide a positive opinion on something, it is very likely that it goes up. No matter what we say about research and analysis (this makes sense as we’re saying its undervalued at today’s price). This is actually fine since we’re trying to find 100%+ return not 20%, so if it moves 15-30% on a recommendation it’s not bad at all. In the long run… the big money is in the long-term anyway. We’re at a point where something moving up 20-30% isn’t even interesting unless it is a major large cap (then we care a lot!)
Some Random Clownhattan Facts: 1) the attendees had a pretty wide range with the majority ending in the 20-40 range; 2) someone attempted to sell weed on stage; 3) money was thrown/burned and given away - hundreds of dollars; 4) one of the helpers we hired had a flight delay so only 60-65 shirts made it, will find a way to give the remaining ones out later; 5) we learned that SaaS Capo is not just rich but apparently has “very nice hair”; 6) several people at the event are looking to move to DeGen Island or DeGen Island Asia within the next 12 months, 7) the women at the event were “disturbingly smart” and “calculating” - whatever that means!, 8) Africa, South America, USA, Canada, Europe EE, Europe West, Asia were all present; 9) SoHo was the primary area in which people went to party and 10) NYC is still primarily locked down… somewhat coming back to life. When things are normal, a real event with alcohol should be on the menu (for paid subscribers only of course!).
Reminder of Mission Statement: Over the next few years we’re going to try and build a community that believes in the following: 1) if you have value you do not need a fancy degree. In fact, all you need is a skill and an avatar; 2) crypto is the future of finance. It will be an ugly war/battle but we plan on winning by spreading the word organically at a low cost and reinvesting all US Token income back into the same cause, 3) we will automatically troll anyone who attempts to trick us into working with scammers - VCs/HFs/Banks/Centralized exchanges etc. We will use no negative energy only positive action taking; 4) everyone will *attempt* build out a small niche to make money both at a job/career and online. Eventually starting a standalone business and 5) the future is the sovereign individual where small communities can be built - quite literally buying an island by 2035 - and operate without a central authority.
Final Update: The e-commerce business we’re selling is closing in May. At this point we are serious about launching a professional DeFi Substack focused on real analysis and education. We will charge something similar to what we charge here (a few bucks more) to make sure we can pay the staff and run at break-even (it will be niche so likely a bit less on subscriber base). Going forward, we will work incredibly hard to scale out and provide not just educational info but entertainment and fun as well. The VCs/HFs are already attempting to steal the fun sayings from the community so if we scale out now in a decentralized way they won’t be able to do it anymore (they are desperate for control/power while our strategy is the opposite - anonymous and decentralized and power to the individual avatar in terms of production - can’t be copied). We’re sure some of them are nice people… But… The game is equal *opportunity* unequal *results* long-term (they won’t like the phrase “equal opportunity” one bit).
This is the fairest democracy/incentive structure we can think of.
If we fail. We’ll still be fine. Just know we’re all-in with you to at least try and create a real system (not a scam ponzi based on who you know). It’s us versus the clown banks.
(Note, we asked to include the names but the advertiser said banks are significant customers - which makes sense for their business - so please look up the numbers!) Update We Got the names up!
The Clownhattan Recap - The Table is Set
The main thing to consider when starting a niche side hustle is, that it should be a product you can scale up and distribute only on digital pathways or even automate the whole process if possible.
Let's take a mechanic as an example too: you should create a blog about cars, repairs, old timers, etc. and after the traffic is there, you should drop your e-books (i.e. How to do XYZ, Maintaining your car, Tips and Tricks from a mechanic...) for a low price i.e. 9,90$.
Plus: learn how to place ads from @AdsAlchemist on twitter.
Keep up the good work guys. Yeah the teen selling weed was something. I didn't know the mariachi band was denied at the perimeter. My observation:
* The 2 early 20 kids I talked to skipped college altogether. I have had jobs where kids would work fresh out of high school. We might be seeing the college bubble beginning to pop with attendance going down.