freedom

The Benefits of Free Time 150 150 admin

The Benefits of Free Time

In this article I’m going to share with you the benefits I’ve experienced through having lots and lots of free time. If there’s interest I can share the downsides too cuz uh…it hasn’t been all roses.

Backstory of Having Damn Near No Free Time

There was a period of time where I was working a job I hated then doing deliveries on the side and it felt like I was just spinning my wheels. My expenses = money I got from the job I hated + delivery money. I just kept hearing this message in my head that said “you’re wasting your time”.

Then, I went to a conference called Love Rising in Hollywood, CA led by Kyle Cease. A core message I got from that conference was to stop chasing money, and so that’s what I did. He published a book called The Illusion of Money not too long after this workshop.

I tried my best to do everything – especially creative work – from a heart-centered space. I really felt like I was fed up doing work and feeling like a damn slave. I quit my job right after getting out of that conference (because I was doing it just for the money), and life hasn’t been the same since. In many ways it has been amazing, and in many ways it has been horrific. I’m sharing the good stuff here now though.

Online learning

There is literally so much information on online that you can web surf through – especially with YouTube. I also like my local libraries online resources, and if your local library sucks then…I’m sure you can find a way to break some rules…Just don’t hold me responsible.

I tend to gravitate towards the practical information and online courses. People are taking their knowledge and putting it in online resources at a level that has never been seen before – especially with COVID. All i need is an internet connection and a device that can use that internet connection to show me stuffs. I just found another course I wanna take today from Scott Scorch (a little disappointed it’s only 2 hours long). It was a gateway to find the other courses on the platform though.

Finding Money to Play With

I’ve been able to “find” money through different ways. Lowering expenses dramatically helps with this a lot! No more car note draining my finances, and no more expensive rent. HAD I BEEN MORE PATIENT, last year would have been my first 6-figure year by way of crypto. 2020 was the first year ever I felt like I was able to play with money. And it was all because of downsizing, doing independent contract work as a gig worker when COVID hit, and binge watching videos on crypto.

Self Care

Sometimes I wonder how people deal with self care with a job. Meditation, hygiene, fitness, food prep/shopping, self care appointments i.e. doctors/dentists, vehicle care, living space care, fun/hobbies/creative outlets, assessments about all of the above, and learning about how to improve all of the above.

This about this – I’m a single guy, but what about if you’re in a household and have to take care of others? Many of these things can’t be outsourced or helped by a significant other. How do people adequately do self care when a job takes up such huge blocks of time. How do people fit all this in? I think the answer is many people don’t.

Doing Things At Different Times Than The Majority

In a populated city like Houston, Texas it feels so much better to do things when others don’t do them. I don’t have to sit in traffic during lunch time when everyone is one the road. I don’t have to deal with large crowds in stores because I can shop while everyone is at work.

No More Resentment For Things That Were Taking Up My Time

I don’t find myself saying “I don’t know enough time”. I could easily say that when I had a job, and it would make me resentful towards the job. I was spending a lot of those days working feeling resentment.

Lately, if I can deal with what others say and think about me and accept it and not be triggered by it, then I can experience that freedom. That is a part of the freedom. I might be called lazy or a bum, or not self sufficient (nobody’s really self-sufficient) in the short term, but over the long term things start to get really good. You don’t relate to money with this neediness and it can flow to you.

Depth and Quality Creatively

I put depth and quality together because depth has a lot to do with quality. I can’t get to the level of mental depth I could creatively as long as I was using so much mental ram on my job. This is the biggest benefit. It gives me room to breathe. I can step back and see the forest for the trees, and not always be stuck in the trees.

I don’t even think my brain could go into writing an article list this or many of the other articles I’ve written without sufficient space to let my mind wander into different rabbit holes. Eventually, the rabbit holes start to connect together in a way I can’t predict.

Nothing feels rushed now. Even if there is a deadline to things, I don’t feel the intense pressure I would feel going to jobs. I can take my time cooking up good shit. Good plans, good assessments, good articles, good presence with people, good quality overall.

When I would work at jobs, I very rarely got to see my own work. It was purchasing and data entry, so…it was gone as soon as I did it. I never got to see it or marvel at it or add to it or build on top of it. I’ve created a lot that I get to look back on these past years. It makes me waaaaaay more proud.

That’s it folks

That’s all I got. I’m thankful that I made it a priority to downsize and take my time investments away from chasing money and started to embrace and cherish the time I have on this earth. There is nothing like it.

My Top 10 Books 150 150 admin

My Top 10 Books

My intention with this article is to share the top books I’ve read. At the time of this writing I’ve read somewhere between 100 – 200 books. Some things to note before I give this list.

  1. These books helped shape ME. They are important books in MY story. It’s really hard for me to agree or disagree when someone lays out a book list and says “These are the best books on X” because it is shaped by their unique experience.
  2. Much of what was really impactful to me and stood out as being the best for me weren’t books. Maybe a “My top 10 resources that aren’t books” article next?
  3. I listed these in the order I read them, so it’s kinda like a story.
  4. Most of these books I’ve either read as a physical book or an audiobook. I don’t think I’ve ever read a whole book on the Kindle app or tablet.

I look at books like a tool set. There are so many ideas, invitations, suggestions and mentoring out there to fix the problems that will inevitably come up in life – especially with the rise of the internet and online resources like YouTube and Google to go along with books. Let’s get into it.

Alfred’s Basic Piano Library

I know. It’s cheating because there’s more than one book here (a whole ass library yo) but….that’s ok. Sometimes I be cheating.

These were the first books I remember being into studying piano. I spent SO much time slogging through these books (slogging because I didn’t understand the payoffs of consistent practice AND felt that I couldn’t just practice when I wanted to). Both of my great teachers used these books to teach me, and I still use so much of what was in these books today playing piano.

I remember we focused on the books on theory, ear training, song/hymn books and finger exercises.

The Power of Now – Eckhart Tolle

This is the best book I’ve ever read…still. It talks a lot about surrendering to the moment, and I think I had to surrender for this book to even show up in my world.

I remember it helping me specifically with emotions. I’ve probably saved SOOO much stress just by reading this book pretty early. When I started reading this book I was feeling so frustrated. The go-to-school get-a-degree and have-a-safe-stable-job-for-life path just seemed so ‘not me’, but I was headed right down that road, and it made me afraid for my future. Meanwhile, I was registered for college classes I wasn’t paying for AND I was skipping them. So mix in some guilt in there too with the frustration.

One of the resolutions was just to have some space from thinking period, which made me feel lighter and more peaceful. It was like erasing a chalk board full of stuff on it. Then, I could deliberately choose what I wanted to add on to it.

This book alone helped me be a match for more upbeat, positive people. This book was my introduction to meditation. It just showed me how much my own mind was beating me down. I hadn’t ever considered that I could actually just turn my thinking off. It was soooo freeing to be able to have some space from my negative thoughts that had gone on for decades.

Meditation and spiritual teachers have been a well for me to go back to when I feel like I’m getting bogged down by life. I can take care of things a lot better when I’m taking care of my own peace of mind.

The Pick-Up Artist – Erik von Markovik

I really wasn’t motivated by pick-up until I moved in with a friend who was naturally great with women. When I lived with him, there were just so many women in our world largely due to him, so it made me curious as to what he was doing to bring them into our world. He invited nudged me to share my love of music more with everyone, which pushed things to a whole nother level. We went out to clubs and bars and events all the time.

I still remember the 5 things from this book. Leader of men, protector of loved ones, preselection, willingness to emote and successful risk taker. If you watch enough nature documentaries you’ll even see these in the animals. It’s like a biological, evolutionary thing.

People were really turned off by the formulaic, forced aspect of pick-up overall and the inauthentic, canned routines – as they should be. But to me, the underlying principle to the formulas and routines that I can align with is this – be a better man (embody masculinity) and the feminine will be drawn like a moth to a flame. And so, the next books you’ll see stem from my desire to learn what it meant to be a better man.

No More Mr. Nice Guy – Robert Glover

I remember this book being about honesty and maintaining integrity – and sometimes that isn’t nice.

Reading these types of books and moving in with three other masculine men helped me see, and more importantly feel what I missed out on growing up. Up until that point, I really didn’t understand why not having a father around mattered. I could write a book on this. It would be titled The Absence of the Masculine.

Growing up around all women led to me HAVING to please women and be nice all the time, and this did a lot to offset my polarity while watering down an already muffled voice.

Luckily there was music to offset this. I felt the total opposite as it relates to music. I was learning music and performing and in the choir so my voice was heard a lot. I could be free and was encouraged to make mistakes.

Outside of music though, my voice was drowned out by a chaotic household. There was no masculine to balance that chaos out and calm it and ground it effectively. I think that’s why The Power of Now was so powerful for me. I read this in college, and that was the first time I felt like I got some peace.

This book (along with living with very blunt and honest roommates) gave me permission to be honest – and there is nothing more freeing than being honest. It also showed me that people respond well to genuine truth whereas my family seemed to drown it out.

Living Abstinently

Remember the chaotic household? Yeah one of the most chaotic things was our eating habits. We pretty much ate fast food every day, little to no cooking and were all fat!

Foodaddicts.org was a program that FINALLY introduced some structure by way of food that made complete sense, and this book was an overview of that program. There was also other books we used a lot though too.

It was so simple and not profit-motivated. There was no buy-this-food-from-my-company in it – just normal foods you buy on the outside perimeter of the grocery store. It was FINALLY an answer to the question I had for decades on how to TRULY lose weight – specifically fat with JUST nutrition and what I was eating. I lost about 110 lbs through this program. It was like my body was saying “thank you for finally putting some stuff we can really use in here”. I gained the weight back plus more when I left the program, but I can’t erase what they taught me over there. It checked so many boxes, and I will be forever grateful.

The Illusion of Money – Kyle Cease

This is for the money chasers or if you feel like you’re chasing anything period. Chasing can get exhausting if you feel like the chase never ends.

There was soooo much talk of money in my family ALL the time. All that talk heavily influenced me to get into accounting in college (seeing as I have a whole family of accountants). The rap music I was listening to was always talking about money. It made me exhausted of thinking about money. Like damn…we’re not gonna focus on anything else here?

HOW I was making money became a lot more important around this time. Life started to be REALLY good, and for the first time it was starting to feel unbearable to keep doing the flat, boring, repetitive, meaningless slave work that had served me in the past to just stay afloat financially.

I read book this after attending Kyle Cease’s conference Love Rising. And I started working on Social Expansion (now Welcome Home) right there. It felt good to finally work on something NOT for the money.

The Big Leap – Gay Hendricks

So…things were going amazing. It made me feel like, “damn…this was more along the lines of the experience of life I was supposed to have”. Then everything crashed, and it seemed like I made it crash. I remember sitting and tryin’ to figure out WTF happened.

The Big Leap is one of the only books I know that addressed this as what is phrased as an “Upper Limit” problem. Things get too good, and you aren’t used to things being this good for this long, so you get scared and sabotage yourself and bring yourself back down to the comfortable problems you’re used to experiencing. At the time of this writing, it’s the book I want to revisit the most.

Atomic Habits – James Clear

This is one of those books where I just read it off recommendations. It gets recommended everywhere in the personal development space, so I read it and understood why it was recommended. Just reinforced the idea that big things come from the small. There are a lot of ways that idea can be applied, and I hadn’t thought of the ways presented in this book.

Will – Willard Carroll Smith II aka The Fresh Prince aka Will Smith

Let’s go Willard! I loved this book because of the dynamics of the audiobook. There was actually music in this book along with all the twists and turns his life took. It really kept my attention for over 16 hours! That’s damn hard to do. It wove in all the different parts of his story – including the bad and ugly. I appreciated his transparency, and as a creator I learned a lot about creating an engaging EXPERIENCE for the person on the other side of the creation (the reader/listener/viewer).

Can’t Hurt Me – David Goggins

This is up there with me as far as the best books ever – top two next to The Power of Now.

It really inspired me to examine and be curious about the limits of what my mind is telling me is possible on a day-to -day basis, and it’s written by a VERY credible source. David Goggins has really pushed himself and CONTINUES to push himself incredibly hard to find his true potential, and it’s so inspiring to me.

This dude is SO badass that there is ANOTHER BOOK made of someone living with him called Living with a Seal (I haven’t read that one, but I could just imagine what’s in it). If you ever feel defeated, pick this up. Like…now yo.

Give me some time to internalize his work and the messages, and I won’t be so fanboyishly in awe of it.

Honorable Mentions

50th Law – Curtis Jackson (50 Cent) and Robert Greene

I loved only the parts where 50 cent was speaking (at the beginning of the chapters). He would say something short in the beginning of the chapter and then Robert Greene would expound on it. I thought they could have cut Robert Greene’s part off though. It seemed like it was fluff to me.

The MagicRhonda Byrne

This book is all about appreciation and really explores creative ways to appreciate. I’ve loved Rhonda Byrne’s style since her documentary The Secret. She’s so resolute about positivity. Of the author’s on this list that have authored more than one book, she’s the only author on this list where I can say I’ve read ALL of her books (except her latest Masterclasses…I just found out about them yesterday).

The Courage to Be Disliked

This might go along with No More Mr. Nice Guy. I just happened to read this one later. I think I was also diving into exploring freedom and what that meant, and this showed up. There’s a lot written about systemic freedoms, but this and other books I’ve read deal with freedom internally. It’s about facing a hidden fear of being disliked (if you have that fear).

Well…that’s all folks for now. These were the books that stood out to me as the best.

Decentralized Everything 150 150 admin

Decentralized Everything

There was a time where everything was very centralized. It all came from one place. Money, media and news, information, laws, etc. They all came from a few sources. Then the internet came along and fucked that shit all up.

Youtube has instant media now. People can live stream things that are happening in REAL TIME. People can connect with others to find out information in a way they never could before or just watch a stream of Youtube videos on the subject and run it through their own discernment to find TRUE information.

Value is so subjective, and we can really explore the possibility space as to what’s valuable for other people. Like to watch YouTube videos? You watching YouTube videos is valuable to other people and they will either virtually accompany you in doing so, or watch a video of you reacting to another video. There’s a whole space of reaction channels on YouTube. For people with NO skills, the documentation of their experiments and explorations are valuable. People can follow your journey along in real time. You eating food is valuable to people.

P2P services are here now. You can rent or rent out pretty much everything you own or that someone else owns if it’s available to be rented.

Decentralized coaching? Decentralized Innovation and Funding for the Innovation? Decentralized workshops? Cryptocurrency has a space where there’s DeFi (decentralized finance!).

I’m pretty damn excited about the way things are shaping up.

I Will Be Free One Day vs. I Am Free Now 150 150 admin

I Will Be Free One Day vs. I Am Free Now

“Now this is the story all about how
My life got flipped, turned upside down” – Fresh Prince Theme Song

If you’re working a shitty job now purely for the money it provides, and you’re trying to save enough to start a side hustle or business or investment to ultimately save you from having to work that shitty job, then this article is for you.

In this article, I want to show you the difference in these two thought patterns as it relates to work and career, and how to move from feeling, living, and thinking “I will be free one day” to truly feeling and living “I am free now“.  This article come from lots of exploring of both sides.  I have lived both extremes, and I feel like I can help someone transition from one to the other.  Neither one is good or bad, they’ll just take you in two very different directions.

I Will Be Free One Day

You attract what you think and feel the most.  If you consistently think and feel “I will be free one day”,  then you must experience more of “I will be free one day”.  Your reality will shape itself to fit that story. In this scenario, you’re never free and you never will be – you’ll always and forever be chasing freedom one day.  It’s like the sign that says “Free Beer Tomorrow”.

If you’re in a shitty job you hate, and you’re thinking and feeling “I will be free one day”, I feel where you’re coming from.

I would think, “I’ll be free one day” all the time while I was working at all the different jobs I was working at.  I would always be working on a side business or dabbling in investing or trying to learn about passive income – all for the sake of escaping my current reality.  I would be working a job I hated then think thoughts like…

  • “If I could save up some money, then I could put it in an investment, make a lot of money and leave this job”.
  • “If I could build a business on the side, I could work on that business that would make a lot of money and leave this job”.

This line of thinking was the root cause of me living like I was stuck running around in circles.  I kept finding myself lacking money, needing a job to maintain some semblance of independence, and silently saying to myself “I will be free one day and escape all of this bullshit”.

I’ve seen other people have similar thoughts.  Here’s a popular one:

  • “If I could hit the lotto, I would win a lot of money and leave this job”.

The common denominator in these lines of thinking is escape from a current job…a current reality that you don’t want to be in.  It all stems from the thought – “I’ll be free one day”.

I Am Free Now

At any point you can inject being free now, and it works the same way.  Even injecting a little bit of embodying your freedom now will make an impact. If you consistently think and feel “I am free now”, then you must experience more of “I am free now”.  Your reality will shape itself to fit that story too if that’s your predominate thought.

One of the biggest insights that came from sitting in my own freedom was that I wouldn’t do things I hated just for the money.  If I’m really free, then I could just drop that whole line of thinking.  As a result, money comes in very easily because I’m not as needy with it.  I’m not sacrificing so much of myself for it.

Also, so many more options become visible.  An infinite amount of options are always available, but they become visible to you because you’re looking for them, and not spending so much time slaving away at a job.  For example, if you’re having problems with money, you can sit down and have the space to learn all about it.  You can sit down and learn about credit, business, the history of money, investing and being early in projects, neediness vs abundance, living well within your means, earning more, scaling, stocks, crypto, passive income etc. You can go exploring down any avenue you want!  What a badass feeling!

Living “I am free now” will lead to questions like:

  • “What do I want to do today?”
  • “Where does the energy want to go today?”
  • “What needs to be done today?”
  • “What rabbit hole do I want to go down?” (lengthy periods of freedom allows you to explore things way deeper than you can when your focus is split working a job)

In relation to your work, this way of living might elicit questions like:

  • “What is my audience needing from me right now?”
  • “How can I connect with my audience?” “
  • What do I need to be at peak performance?”

Even while you’re working a shitty job, “I am free now” can elicit questions like:

  • “How do I enhance the small amount of freedom I’m experiencing when I’m not working?”
  • “What’s one step I can do now that truly expresses and embodies my freedom?”
    • “How can I do express and embody this freedom consistently?”

Where did this line of thinking come from?

I can tell I learned “I will be free one day” from my mother.  She probably learned it from her mother.  Ultimately, I believe it comes from slavery – at least for me.  When I look at slavery in the United States, it wasn’t that long ago, we were slaves for a LONG time (350+ years), and there hasn’t been a sufficient bridge to freedom internally.  Even after the declaration to free slaves, there was still so much post-slavery slavery going on.  Former slaves had access to nothing as newly free people, so they had to keep working to survive.  I wonder at what point did we drop the frame of being slaves trying to escape?

To me, the internet has been the best bridge.  Through the internet, I can now deliver value to anyone in the world who has access to the internet.  Still, the problem is internal.  I can still create my own shitty job even on the internet if I’m still feeling like “I’ll be free one day”.

Resources that helped

Do you feel free now?  Why not?  What is a step you can take today to move towards being free now?  How can you embody freedom in this moment?

Neediness In Crypto Investing 150 150 admin

Neediness In Crypto Investing

On September 17, 2020 I received a free airdrop of 400 Uniswap tokens (UNI).  At the time of this writing, this has been the most popular airdrop to date in the crypto space.  The day I received the airdrop, the price of Uniswap was goin all over the place.  That day it was swinging at $3-$8 and ended up stabilizing around $5.  This was my first airdrop so…I thought to myself “Oh my god, free money!” and sold those 400 coins almost immediately for $1400.  I was pretty happy.

Fast forward to today (249 days later) Uniswap’s price is selling at $24.24.  Those 400 coins I sold would have been worth $9,696 had I kept them.  3 weeks ago Uniswap reached its all-time high and was valued at #44.92…so 3 weeks ago 400 Uniswap coins were worth $17,968.

Deep in the Telegram and Discord channels of different crypto coins you’ll see wild success stories and some not-so-successful ones too.

Approaching the Market

The past “me” might have beat myself up over the decision to sell those 400 coins early.  The “me” now sees so many paths to $20,000 that it doesn’t bother me as much.  The main lesson I learned was how I approach the market can affect my results and the experience overall.

I don’t believe there are any accidents.  If I’m honest with myself, I can say I sold those coins early because that’s the amount I was comfortable receiving.  At the time, I was used to receiving amounts close to $1000, but not anything close to $17,968 at all at one time.  I was used to making $800 / week working my regular job and Door Dash on the weekends.  Attracting anything above $1000 at once was way out of my comfort zone.  If I had been earning $20,000+ checks outside of the crypto space, then I would have just left that 400 coins alone.  It wouldn’t have been that big of a deal to me, and I would have given those 400 coins the time and space to grow and mature financially.

The Real Work in Investing

It made me realize that the real back-end work to investing is becoming comfortable receiving the amount of money I want from an investment OUTSIDE of that particular investment.  That way, I don’t approach any particular income stream or investment with a sense of neediness.  I wouldn’t need an investment to go up in value during my specific timeline.  It can be fun, playful, and light vs serious and stressful when a coin doesn’t do what I want it to.

If I want a million dollars from an investment, am I comfortable receiving a million dollars outside of that investment?   Would I be comfortable or ok with receiving a million dollars all at once in my day-to-day life?  If not, then a million dollars all at once might stress me the fuck out.  There was a time where after hearing that I would have been like “yeah right…give me a million dollars and see if I’m stressed out”.  It gets real though.  I’m in Telegram groups where a few people’s $100-$1000 investments are all of a sudden worth anywhere from $10K to $300k.  I see the hate and jealousy that gets thrown their way.  I see that owning a coin that shoots up in value could be stressful depending on the way they frame it.  Do you sell that coin and cash out only to see it rise 80X more in value?  Do you hold it and watch it crash to ground in value?  Do you go half and half?

  • If you do cash out…how much (if any) do you give to others?  What about homeless people you see on the street?  What about charities?
  • If you don’t cash out… are you watching the charts 24/7 to see when you should sell or what the price is currently?  Stressed when the number goes down, euphoric when it goes up?

I looked at the definition of trauma – a deeply distressing or disturbing experience.  It’s weird to think that having a lump sum of money placed in your lap can be distressing, but I can see it now.  Add to this the fact that many of those people who’ve seen their coins skyrocket in value don’t know wtf their investing in, and it was just a lucky gamble or a call from someone who does know about that coin.

Security is an Illusion

Nothing is static.  This includes investments, the value of money, the trends of different markets, etc.  There’s no need to let those fluctuations manipulate your emotions – but they will if you’re needing investments to somehow “save you” from looking at other parts of life you don’t want to address – like the job you hate that you can’t take a break from and/or the time and effort it might take to learn a skill that’s more valuable to the marketplace and one that is more enjoyable and provides you with more fulfillment.

One of the reasons the crypto space is shaking things up is people are waking up to the fact that the security they thought they had in money is being yanked from under them.  The USD has continued to decline in value while Bitcoin and Ethereum and other cryptocurrencies have risen in value over their short history.  Printing money out of thin air doesn’t help the cause for the security-in-money case. In the long term I can see the writing on the wall for fiat money.  In the short term, I don’t know wtf this shit gonna do.

I’ve noticed friends try to approach me looking for me to give them a sense of security in their crypto investments in the short term.  I decline that responsibility.  The best I can do is invite you to  be an active participant in learning about your crypto investment and also explore the idea that the best security is to learn to not need security as much…kind of like the real work in investing is learning to not need investments.  ?

BTW…This is not financial advice, and I am not a financial advisor.  I learned to say that from the Youtubers.

Lessons I’ve Learned From Investing In Crypto since 2017 150 150 admin

Lessons I’ve Learned From Investing In Crypto since 2017

Crypto has taught me a lot overall about investing – not only in coins, but in everything.  With this article I wanted to share some lessons from the mistakes I’ve made.  I’m doing well in it now, but there sure were some expensive mistakes I made to learn these lessons.  If you’re reading this, you don’t have to make these mistakes.

Short story on how I got involved in crypto

In late 2016, I went to a conference on making passive income in a more heart-centered, courageous way.  I was working at a pretty shitty job, and I was getting frustrated with it, so I took some days off to go to this conference.

The conference wasn’t about crypto at all, but I met up with some people who were invested in crypto.  They not only showed me how to get into crypto, but why I should get into crypto, so I did.  I signed up with Coinbase, and I bought about $100 worth of Ethereum (ETH) when it was then trading at $448.64 on December 7th, 2017.  Within a month it had doubled and almost tripled.  Ethereum had skyrocketed and was selling at almost $1200 per coin.  I remember lookin at this like I had hit the jackpot.   Up until then, I had not made any other investment that had almost tripled my money, and so fast.

I. told. everyone.

Everyone who was in my world at the time knew I invested some money in crypto because I shouted it from the rooftops, and I had friends that jumped in too.

What I didn’t realize about the market, was that that was the peak.  Bitcoin and the rest of the market, including Ethereum, tanked and went down in value for the next two years.

This is when I learned my first lesson, and it continues to be the most important lesson to this day – Fomo will get you wrecked.

Lesson 1:  FOMO will get you wrecked.  

FOMO stands for Fear of Missing Out.  When a coin or stock is going up in value and everyone is talking about it or it gets heavy news or attention, people are like “damn…I don’t wanna miss out!  I gotta invest now!”.  Many times new people invest from this pressured, emotional place, and it might take you getting wrecked to learn not to FOMO into an investment.  The danger in investing when all the excitement is happening is that that coin or stock or other investment could easily dip or even crash in value right after you invested, because you may have invested at a peak.

When everyone is excited and talking about an investment – whether it be stocks, real estate, crypto – anything, it’s way better to be ahead of the herd.  Be in it before everyone starts talking about it.  There are always opportunities to be ahead of the herd – to get in before things go up in price and value and attention, but it means you have to take your focus AWAY from where everyone is right now (the news), and being able to predict where things are going.  You can even wait until things die down and buy the dip, but don’t FOMO in.

Buy low, sell high.  Accumulate in the bear market when nobody is talking about what you want to invest in, so you’ll be positioned to take profits when the bull market inevitably comes and every one is talking about it.

Right now, everyone is talking about Bitcoin,  but there are amazing opportunities in certain alt coins (every coin except Bitcoin) to make life-changing profits if you’re willing to learn and be patient.

One thing that we did in that conference mentioned above was made a list of trends that would be important in the future, so we could be ahead of the curve.  We listed things like online education, self-driving cars, artificial intelligence, robots, cyber security, cloud computing, e-books and audiobooks.  These are trends that are going to be important in the future.  These are places where you can be ahead of the herd.

Lesson 2:  Only invest what you’re willing to go to 0.  Don’t invest more than you’re willing to lose. Do not bet the farm!

I lumped all these together in one lesson.  I ignored them all starting off.  I said to myself, “if this investment is going to triple, why would I not put everything I own into it?”.   Here’s why.

Having a significant portion of money and cash flow outside of your crypto (or any other investment) will lesson your sense of neediness.  You won’t be constantly looking at it every day to see  whether it goes up or down or left or right.  You can leave it alone and not think about it so much because its not a huge part of your net worth.  You can have strong hands when you see your investment take a slight or heavy dip in value and you won’t panic sell.

ALL MY CALLS WERE RIGHT in 2020! but I put almost all my money in crypto.  This was the mistake.  When I needed cash, I had to sell my crypto – giving away all my early positions.  It wasn’t very fun to see the whole crypto market as a whole rise like crazy while I had almost nothing invested in it.

Lastly, if you haven’t bet the whole farm on crypto, you’ll have cash to invest in opportunities you see.  If all your money is in crypto and the crypto market dips, your overall money will dip as well.  If you have cash, you can take advantage of the dips and buy on those dips.

Lesson 3:  Start small, find good projects and be patient enough to let it grow

It doesn’t take much to start investing in crypto.  I put $200 in PAINT and it gave me a little over 100,000 coins.  If PAINT goes to being worth $1, in maybe 2-5 years then that’s $100,000 off a $200 investment.  If it goes to being worthless then I’m out $200.  PAINT is in the NFT space and NFT’s are on fire right now, so I think it’s a good bet, but I’m willing to be wrong.  (This is not financial advice and I’m not a financial advisor.  Also, PAINT has not sponsored me.  I just like the project).

That same $200 isn’t going to get you very far if you just invested it in Bitcoin.  I would bet bigger if I was investing in Bitcoin or Ethereum because they’re the safest bets.

Good projects have a good team, solid roadmap, good use case.  It takes time to sift through and find the solid projects amongst the thousands of coins – that’s why they’re called gems.  The lower the market cap, the higher the risk of the investment.  I start with low to mid-size market caps and play the waiting game for them to rise in value.  Coin Gecko and CoinMarketCap tell you market cap information on coins and much more.  I use them all the time.

I start with YouTube.  It’s in a YouTuber’s interest to give you good, solid information that’s valuable.  It helps their channel grow.  That being said, I only use it as a starting point.  I do my research on specific coins AND the YouTuber that mentioned the coin and put it against my own knowledge and reasoning.  You are ultimately responsible for your profits and losses.

Lesson 4:  Take profits

You’re not going to want to do this.  When you see your investment rising in value, it will be hard to sell a portion and actually take some profits because you think it will continue to rise.  It might, but nothing goes straight up and continues to go straight up.  There are twists and turns and peaks and valleys – lots of them in a relatively new and emerging market like crypto/blockchain.  WHEN to take profits is a personal choice, but take them.  In 2018 many crypto investors, including myself, learned this lesson the hard way when the crypto market came crashing down and we rode those coins all the way to the ground.

Lesson 5:  Look at the world like a sea of opportunity

How you see the market and how you relate to the market will affect how you trade.

If you look at the world like a sea of opportunity, then you won’t panic sell or be stressing out when a coin doesn’t do what you want/expect it to right when you want it to.  You won’t be dejected and down in the dumps when another coin that you don’t have rises in price.  You’ll know there are opportunities that come along all the time, so there won’t be any need to stress about an opportunity you think you missed.   Jay Z said “There’s a million ways to get it…choose one”.  If you can see the ocean of opportunities that are always there, you won’t be as attached to the outcome of any one particular investment.  You won’t be hanging on its every move.

Imagine you’re a surfer and you’re trying to catch a good wave (your investment).  If one wave doesn’t go how you want it to, just wait.  There are plenty of good waves comin.

Lesson 6: Develop trust in yourself

Notice I said “develop”.  You’re not going to start off with trust in yourself, but it will come with time and more engagement with the market.  You’ll be able to see the places you can get in early.  More importantly, if you’ve developed a string of small wins (meaning you’ve done a lot of step #3 already), you can start to trust yourself to bet bigger, and thus bigger profits come.  Trust will come from learning what to look for and conditioning yourself to buy good projects low and early and sell high.

Lesson 7: The gold is in private communities.  Pay to be in them if you have to.

Private communities, private telegram groups, and private memberships are all ways to get exclusive information.  Many times people have done research in those communities for you and are trying to help everyone do well and/or find the hidden gems.

You’re going to need to learn the language.  Here’s a great article on some common phrases and what they mean.  I would also give Coinbase Learn an in-depth look.  They might seem boring now, but learn about them again when nobody else wants to learn.  If you don’t take away anything else from reading this, take this message away – be ahead of the curve.

That’s all I got for now!  Have some fun investing!