How can I invest in bitcoin? | Bitcoin | The Guardian
How can I invest in bitcoin? | Bitcoin | The Guardian
How to Invest in Bitcoin: Complete Beginner's Guide 2020
Forget the National Lottery and Bitcoin! I reckon shares
How To Invest in Bitcoin - Getting Started Guide (2020)
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NiceHash - buy & sell hashing power
NiceHash offers you to buy or sell hashing power directly, no contracts, no limitations, pay-as-you-go if you're a buyer and be-paid-as-you-go if you're a seller. Why bother renting rigs, when you can rent hashing power? NiceHash brings more to renters and rig owners. Visit https://www.nicehash.com today! Simply create order and you are already mining your favorite coin or point your rig to our stratum server and you are already earning bitcoins.
We’re looking to make someone a millionaire. Could it be you? Quarantine may have placed some things at a halt, but we’re still operating as usual, so comment to enter! [Drawing Thread #54]
Depending on who you are, finals are either happening now or you’re done with them. With that being said, we’re still ending our year strong!
Introduction: Welcome to anyone and everyone coming from /popular. Quarantine has been making this subreddit more popular by the day, so thank you to everyone for supporting this. For those who aren't familiar:
Every month, we ask for comments for entry, and we pick one who represents our winner.
This process is completely random and verifiable, using the Bitcoin blockchain as a sophisticated die.
Following this, people then donate to the winner using a variety of mediums, and the winner would go on to be a "millionaire" (arguably, our definition of that term is pretty loose).
Also, I want to clarify on the situation with comments: you need to make only one top-level comment. You can reply as many times as you like. However! If you haven’t made a comment DIRECTLY to this post, you will not be counted. I’ve attached a helpful graphic visually clarifying the difference between a top-level comment and a reply right here: https://imgur.com/Si1VLX4 So once again, thank you for your support. The post lasts for 24 hours before getting locked, so make sure you place your comment before 7 PM ET. In addition, I will make a [Part 2] if we reach the limit, and changing some past precedent, I will extend comment collection by a full day. Let's make a millionaire! In Case You Missed It:
Our last winner, Ultima98, is currently accepting donations! Things have gone a bit rough for him, but that hasn’t stopped him from persevering, as he describes in his post. Donations will go to himself, to his local dog shelter, and among other recipients. If you would like to donate, click on the link here!
REQUIRED: Leave only one (1) top level comment in reply to this thread! (Replying to other comments will not qualify. You must be thirty days old or older to comment.)
A random user who commented will be chosen, and everyone donates a dollar to make a millionaire.
April 15 at 7:00 PM ET (epoch timestamp: 1586991600) is the cutoff for accounts. If you have created your account after this point, you are not eligible to enter and your submission will be disqualified automatically.
May 17 at 12:00 PM ET (epoch timestamp: 1589731200) will begin the process of selecting the winner. At this time, the [Draw] post will be online and start the process of waiting for the blockchain, in order to select the winner randomly and verifiably.
Changing how duplicates are handled: Starting this month, I’ll be changing how duplicates are handled. The TL;DR version is this: make absolute certain that you only left one top-level comment! Prior to this, I have set the comments to “FirstOnly”, meaning that if you have accidentally made more than one comment, you will be forgiven, and your first comment will count. This will not be the case anymore. Make sure that you checked your account and haven’t left any more comments than you should. From now on, if you have left more than one top-level comment on this post, your entry will be automatically removed! Other than that, if you do accidentally leave one and forget to remove it, make sure you enter next month!
May 17 at 12 PM ET (16 UTC), we will be picking our winner, and you won’t want to miss it. The post will be labeled [Draw], and one comment will be selected out of the many made here to make a winner! Remember, this is about generosity, making an impact, and uniting to make someone's life better. It takes three minutes to donate a bit to the winner, whether you're well off and want to donate a couple bucks, or going through tough times and can only donate a few coins. Every cent makes cents, and counts! If a lone $1 can get you an affordable utensil, then imagine the possibilities with $1,000,000. You can get a backpack, a farewell worth remembering, and pay for those pesky classes! A million dollars can make someone’s stay away from school. Spread the word: have your friends and family comment, post the link to your friendly-neighborhood social media network, and share it to anyone interested.
Let’s educate a millionaire!
All rise for this class. Take a stand, pencil in hand. How we’ve come so far.
You may be in quarantine, but that doesn’t mean we aren’t! For those who don’t know, every month this subreddit makes a millionaire out of one comment, and donates. With danger out and about, take some time and comment to enter! [Drawing Thread #52]
I thought this year would be a lot more normal.
Introduction: Welcome to anyone and everyone coming from /popular. To be honest, I probably should've expected this, given that most of us are staying home. For those who aren't familiar: every month, we ask for comments for entry, and we pick one who represents our winner. This process is completely random and verifiable, using the Bitcoin blockchain as a sophisticated die. Following this, people then donate to the winner using a variety of mediums, and the winner would go on to be a "millionaire" (arguably, our definition of that term is pretty loose). So once again, thank you for your support. The post lasts for 24 hours before getting locked, so make sure you place your comment before 7 PM ET. In addition, I may make a [Part 2] if we reach the limit. If that happens, I will sticky a comment on this post temporarily. Let's make a millionaire! In Case You Missed It:
REQUIRED: Leave only one (1) top level comment in reply to this thread! (Replying to other comments will not qualify. You must be thirty days old or older to comment.)
A random user who commented will be chosen, and everyone donates a dollar to make a millionaire.
February 19 at 7:00 PM ET (epoch timestamp: 1582153200 (a bit tricky taking DST into consideration, it’s been updated)) is the cutoff for accounts. If you have created your account after this point, you are not eligible to enter and your submission will be disqualified automatically.
March 22 at 12:00 PM ET (epoch timestamp: 1584892800) will begin the process of selecting the winner. At this time, the [Draw] post will be online and start the process of waiting for the blockchain, in order to select the winner randomly and verifiably.
Mini Survey: NOTE: A Google account is required to respond to hinder tampering, but you are not obligated to answer. So I’ve been thinking about this for a while: people are not having pleasant experiences with PayPal. If the account isn’t blocked, then there are issues with fees, fear of the seizure of funds, and the risk of revealing personally identifiable information. However, it is the largest platform used by /MillionaireMakers, and is the provider of most donations on this subreddit. This survey is purely to see how people feel about this. Unless if the winner chooses to not accept PayPal, we will continue to offer this service for tonight’s thread. My questions are: 1) How would you feel about a ban on the PayPal service here on /MillionaireMakers? 2) Would removing PayPal as a service affect your ability to donate? 3) Should /MillionaireMakers remove PayPal? I will periodically post results here. If you are interested in responding, please answer here, answers will not be accepted at the time the [Draw] is posted: https://docs.google.com/forms/d/e/1FAIpQLSffkP3SKdTi9lLPbtO8taG4_-cdctYlAf8SvohvzoJvTOYdhw/viewform?usp=sf_link Drawing Process Mini-Update: This is as short as they come, leroy627 has made a commit to the repository that adds backwards-compatibility up to Python 3.5. Procedure will be run with the following conditions: the first comment of duplicates are kept for the month of March, and any ineligible comments will be removed. If you are interested in more information, see [Drawing Thread #51]: https://reddit.com/millionairemakers/comments/f7jdxz/alright_were_getting_back_into_the_flow_happy/
Sunday at 12 PM ET (16 UTC), we will be picking our winner, and you won’t want to miss it. The post will be labeled [Draw], and one comment will be selected out of the many made here to make a winner! Remember, this is about generosity, making an impact, and uniting to make someone's life better. It takes three minutes to donate a bit to the winner, whether you're well off and want to donate a couple bucks, or going through tough times and can only donate a few coins. Every cent makes cents, and counts! If a lone $1 can get you a mask for obvious reasons, then imagine the possibilities with $1,000,000. You can get a full-body suit, new doors, and someone to love you! Admittedly, for the wrong reasons, but the option is there. A million dollars can make someone’s suffering less sufferable. Spread the word: have your friends and family comment, post the link to your friendly-neighborhood social media network, and share it to anyone interested.
Let’s make a millionaire!
Why, kind Haiku? Why? Am I to atone in home? Perhaps. I’ll get by.
UPDATE (6/1): You may notice some changes in the feature with the new iOS app release. We're working closely with Apple and will share updates as available. *** TL;DR: Bricks are a new way for people to be rewarded for their contributions toFortNiteBR. Claim your Bricks in the newVaultsection of the Reddit iOS or Android app! They are owned entirely by you, they show up next to your username, and they can be transferred, tipped, and spent inFortNiteBR. https://preview.redd.it/djx80qikmly41.png?width=1200&format=png&auto=webp&s=dcec52e363348eb9d3f984a32abbb18a374d6cd9 Today we’re launching a new feature in limited communities called Community Points. Community Points are a way for users to be rewarded for their contributions with a piece of the subreddit. Community Points can be earned, tipped, won, collected, and spent on unique items within a community. Each subreddit has its own stylization of Community Points, and the ones in FortNiteBR are called Bricks. A Brick
How do you get Bricks?
Bricks are distributed monthly based on individual contributions (comments, posts, etc.) that people make in FortNiteBR. Reddit karma provides a basis for measuring people’s contribution, but the final decision is up to the community.
What can you do with Bricks?
Bricks can be traded freely and used for any number of purposes within the community. At this time, they can be used to display reputation within the subreddit, unlock exclusive features like badges and GIFs in comments with a Special Membership, and add weight to votes in polls. Note: Bricks are not affiliated with Epic Games.
On the Blockchain
Bricks exist on the Ethereum blockchain, independently of Reddit, where they can only be controlled by you (just like Bitcoin!). This means once you’ve earned them and they’re in your Vault, neither Reddit nor moderators can take your Bricks away or decide what you do with them. They’re all yours.
How to get started with your Reddit Vault
The first Bricks will soon be distributed to every active contributor in the subreddit with at least 100 karma. You can get started by claiming your Bricks in the new Vault section of the Reddit mobile app, which also includes more details on the start-up process and how Bricks work. Please note that you will need to set up your Vault the first time you access it, and you will need to be on the latest version of the Reddit app (2020.17.0 or later). We will be rolling the Vault out over the course of the day, so if you don’t see it now, please check back later. See the inspiration for Community Points and get started
We are launching Community Points today in a couple of subreddits that have opted into this experiment and with whom we have been working closely. As some of you know, our team has been developing features for FortNiteBR for over a year now. We are very excited to launch our biggest project yet and hear what you think. None of this would be possible without your continued help and support. So thank you! We’ll be sticking around to answer any questions you have, so please ask away in the comments below.
Someone posted on here a few days ago asking about forex and forex trading in Kenya, I have gone through the responses and clearly, most people don’t have an idea. It is 3am in the morning and am in a good mood so let me make this post. This will be a comprehensive and lengthy post so grab a pen and paper and sit down. We’ll be here a while. FIRST OF ALL, who am I..? I am a forex trader, in Nairobi, Kenya..i have been actively involved in forex since I found out about it in Feb 2016 when I somehow ended up in a wealth creation seminar (lol) in pride inn Westlands, the one close to Mpaka Rd. Luckily for me, it was not one of those AIM global meetings or I’d be on Facebook selling God knows what those guys sell. I did not take it seriously till August of the same year and I have been active ever since. I don’t teach, mentor or sell a course or signals, I trade my own money. I am also posting from a throwaway account because I don’t want KRA on my ass. What the fuck is forex and forex trading. In simple plain English, forex is like the stock market but for currencies. Stock Market = Shares, forex = currencies. If you want more in-depth explanation, google is your friend. These currencies are pegged on specific countries, united states- dollar, UK- pound, euro zone- euro, Switzerland- Swiss franc, Kenya- Kenya shilling.. you get the point. Now, there are specific events and happenings between these economies that affect the movement and values of the currencies, driving their value (purchasing power up and down). Forex trading exploits these movements to make money. When the value is going up, we buy and vice versa (down –sell) Is forex trading illegal in Kenya? Is it a scam? Illegal, no. scam, no. All the banks in the world do it (KCB made about 4 billion from trading forex in 2019) Have there been scams involving forex in Kenya? Yes. Here is one that happened recently. This one is the most infamous one yet. Best believe that this is not the end of these type of scams because the stupidity, greed and gullibility of human beings is unfathomable. However, by the end of this post, I hope you won’t fall for such silliness. What next how do I make it work..? Am glad you asked. Generally, there are two ways to go about it. One, you teach yourself. This is the equivalent of stealing our dad’s car and hoping that the pedal you hit is the brake and not the accelerator. It is the route I took, it is the most rewarding and a huge ego boost when you finally make it on your own. Typically, this involves scouring the internet for hours upon hours going down rabbit holes, thinking you have made it telling all your friends how you will be a millionaire then losing all your money. Some people do not have the stomach for that. The second route is more practical, structured and smarter. First Learn the basics. There is a free online forex course at www.babypips.com/learn/forex this is merely an introductory course. Basically it is learning the parts of a car before they let you inside the car. Second, start building your strategy. By the time you are done with the babypips, you will have a feel of what the forex market is, what interests you, etc. Tip..Babypips has a lot of garbage. It is good for introductory purposes but not good for much else, pick whatever stick to you or jumps at you the first time. Nonsense like indicators should be ignored. The next step is now the most important. Developing the skill and building your strategy. As a beginner, you want to exhaust your naivety before jumping into the more advanced stuff. Eg can you identify a trend, what is a pair, what is position sizing, what is metatrader 4 and how to operate it, what news is good for a currency, when can I trade, what are the different trading sessions, what is technical analysis, what is market sentiment, what are bullish conditions what is emotion management, how does my psychology affect my trading (more on this later) an I a swing, scalper or day trader etc Mentors and forex courses.. you have probably seen people advertising how they can teach and mentor you on how to trade forex and charging so much money for it. Somehow it seems that these people are focused on the teaching than the trading. Weird, right..? Truth is trading is hard, teaching not quite. A common saying in the industry is “Those who can’t trade, teach” you want to avoid all these gurus on Facebook and Instagram, some are legit but most are not. Sifting the wheat from the chaff is hard but I did that for you. The info is available online on YouTube, telegram channels etc. am not saying not to spend money on a course, if you find a mentor whose style resonates with you and the course is reasonably priced, please, go ahead and buy..it will cut your learning curve in half. People are different. What worked for me might not work for you. Here are some nice YouTube channels to watch. These guys are legit..
After a short period of time, you will be able to sniff out bs teachers with relative ease. You will also discover some of your own and expand the list. Two tips, start with the oldest videos first and whichever of these resonates with you, stick with till the wheels fall off. How long will it take until things start making sense Give yourself time to grow and learn. This is all new to you and you are allowed to make mistakes, to fail and discover yourself. Realistically, depending on the effort you put in, you will not start seeing results until after 6 months. Could take longeshorter so there is no guarantee. Social media, Mentality, Psychology and Books Online, forex trading might not have the best reputation online because it takes hard work and scammers and gurus give it a bad name. However, try to not get sucked into the Instagram trader lifestyle as it is nowhere close to what the reality is. You will not make millions tomorrow or the day after, you might never even make it in this market. But that is the reality of life. Nothing is promised, nothing is guaranteed. Your mentality, beliefs and ego will be challenged in this market. You will learn things that will make you blood boil, you will ask yourself daily, how is this possible, why don’t they teach this in school..bla bla bla..it will be hard but growth is painful, if it wasn’t we’d all be billionaires. Take a break, take a walk, drink a glass of whatever you like or roll one..detox. Chill with your girl (or man) Gradually you will develop mental toughness that will set you up for life. Personally, I sorta ditched religion and picked up stoicism. Whatever works for you. Psychology, this is unfortunately one of the most neglected aspects of your personal development in this journey. Do you believe in yourself? Can you stand by your convictions when everyone is against you? Can you get up every day uncertain of the future? There will be moments where you will question yourself, am I even doing the right thing? the right way? It is normal and essential for your growth. People who played competitive sports have a natural advantage here. Remember the game is first won in your head then on the pitch. Books: ironically, books that helped me the most were the mindset books, Think and grow rich, trading for a living, 4 hour work week, the monk who sold his Ferrari..just google mindset and psychology books, most trading books are garbage. Watch and listen to people who have made it in the investing business. Ray Dalio, warren, Bill Ackman and Carl Icahn. This is turning out to be lengthier than I anticipated so I’ll try to be brief for the remaining parts. Brokers You will need to open up an account with a broker. Get a broker who is regulated. Australian ones (IC Market and Pepperstone) are both legit, reliable and regulated. Do your research. I’d avoid local ones because I’ve heard stories of wide spreads and liquidity problems. International brokers have never failed me. There are plenty brokers, there is no one size fits all recommendation. If it ain’t broke..don’t fix it. Money transfer. All brokers accept wire transfers, you might need to call your bank to authorize that, avoid Equity bank. Stanchart and Stanbic are alright. Large withdrawals $10k+ you will have to call them prior. Get Skrill and Neteller if you don’t like banks like me, set up a Bitcoin wallet for faster withdrawals, (Payoneer and Paypal are accepted by some brokers, just check with them.) How much money can I make..? I hate this question because people have perceived ceilings of income in their minds, eg 1 million ksh is too much to make per month or 10,000ksh is too little. Instead, work backwards. What % return did I make this month/ on this trade. Safaricom made 19.5% last year, if you make 20% you have outperformed them. If you reach of consistency where you can make x% per month on whatever money you have, then there are no limits to how much you can make. How much money do I need to start with..? Zero. You have all the resources above, go forth. There are brokers who provide free bonuses and withdraw-able profits. However, to make a fulltime income you will need some serious cash. Generally, 50,000 kes. You can start lower or higher but if you need say 20k to live comfortably and that is a 10% return per month, then you can do the math on how big your account should be. Of course things like compound interest come into play but that is dependent on your skill level. I have seen people do spectacular things with very little funds. Taxes..? Talk to a lawyer or an accountant. I am neither. Family? Friends? Unfortunately, people will not understand why you spend hundreds of hours watching strangers on the internet so it is best to keep it from them. Eventually you will make it work and they will come to your corner talking about how they always knew you’d make it. The journey will be lonely, make some trading buddies along the way. You’d be surprised at how easy it is when people are united by their circumstances (and stupidity) I have guys who are my bros from South Africa and Lebanon who I have never met but we came up together and are now homies. Join forums, ask questions and grow. That is the only way to learn. Ideally, a group of 5-10 friends committed to learning and growth is the best model. Pushing each other to grow and discovering together. Forex is real and you can do amazing things with it. It is not a get rich quick scheme. If you want a quick guaranteed income, get a job. And now it is 5am, fuck. This is oversimplified and leaves out many many aspects. Happy to answer any questions.
[Twitter/Clubhouse/News Media?] Silicon Valley v The New York Times: Overpriced Suitcases, Insta Stories, Insular Apps and Bitcoin Bounties
Background: What is Clubhouse? You know all those stories of people interrupting Zoom calls by spamming the link and getting in? What if that, as a business model. It is still in private beta, has only 1500 users and yet somehow venture capitalists have $12 million invested at a $100 milion dollar valuation in this. What is Away? Hardcover suitcases that cost $225 and above. Hipsters seem to like it. "The brand is more than just luggage. It’s about travel." It is treated like a tech company by VCs for some godforsaken reason (it has raised $100 million at a $1.4 billion valuation), and the CEO uses a lot of Lean In rhetoric (female led, inclusive etc.) How New York Times? The New York Times has hired a reporter, Taylor Lorenz, specifically for "Internet Culture" i.e. HobbyDrama reporting. (No, seriously, look at the stories she gets to write. For the NYT!) Pre-Drama Events: In December 2019, an elaborate investigation was posted by The Verge (not the NYT, important) about the toxic work culture at Away, with the CEO, Steph Corey, calling workers brain dead and firing someone based on chat in an internal private Slack channel called #Hot-Topics "filled with LGBTQ folks and people of color" (from article). Korey stepped down as CEO in December, with another CEO to be selected. She came back as co-CEO in January because she 'should not have fallen on the sword.' Course of the Drama: June 30/July 1: On an Instagram AMA, returned co-CEO Korey answered a question about "women being targeted by the media" (I presume the AMA went in that direction) by talking about media having an incentive to clickbait in the social media era that and women (like her) were targeted because women are supposed to be motherly, ambitious women like Hillary are targeted by the media, some millennial women who work in the media forgo their ethics to advance their career because old media ethics are being eroded. The Verge investigation was done by Zoë Schiffer, a “millennial woman.” Incensed by this, Lorenz posts the IG pics on twitter (previous link from her) and speculates that this AMA exists because of a piece on the disgracing of the “girlboss” stereotype. To recap, neither the original story, nor the Atlantic op-ed were written by her. Techbros start sharing the same pics of the AMA as a balanced perspective. Until this point, #bothsides, let them fight, etc. Enter Balaji Srinivasan. Here is a pompous bio. He starts attacking Lorenz (again, not the writer of any of the stories). Lorenz says the guy has been obsessively attacking her for quite some time on Clubhouse gussied up public Webex calls (in tweets after the linked tweet). Then anti-Lorenz sockpuppet accounts start being created to attack her. An elaborate website is linked by the accounts, specifically to attack her. (Click the link, it is deranged as all hell.) Taylor asks Ben Horowitz (of multi-billion dollar Andreessen Horowitz, where Balaji has worked before) to get him to stop. Gets blocked. Then the Andreessen Horowitz batch have a conversation on Clubhouse Discord without texting with Lorenz. After Taylor leaves, (this part leaked to Vice, so you can go listen) Ben Horowitz’ wife, Felicia says that Taylor is playing the “woman card to defend herself.” Balaji implies that she may be “afraid of a brown man.” And then the conversations ascend:
”the entire tech press was complicit in covering up the threat of COVID-19,” relying on the press is “outsourcing your information supply chain to folks who are disaligned with you,” ”Media corporations are not the free press, any more than chain restaurants are food “ “why does press have a right to investigate private companies, let the market decide, I don’t understand who gives them that right” (Note: Probably from another conversation by some CEO)
Also something about Github, VC funding and Blockchains being a better model for journalism. (Bitconeeeect!!) Then Vice reports on it. Tech media rallies around Taylor [retweets on her twitter]. Glenn Greenwald pokes his nose and says otherwise, because Greenwald. VCs support their own (along with MC Hammer?? because he’s also on Clubhouse the conference calls you join “for fun” app? So is Oprah???), with opinions like
And other nuclear fucking takes retweeted by Felicia Horowitz And Balaji? When reached for comment, Balaji claims recording it was illegal (which, idk, haven’t seen the Terms of Service, only 1500 people can use Clubhouse the Twitch app, but you don’t have video and chat has audio) And then heannouncesa $1000 bounty for memes and analysis of this event. (paid in Bitcoin, obviously, this whole scenario is a damn meme) This gets the creator of Ruby on Rails/Basecamp to defect to the media’s side Aftermath? (This is a current story): VCs (like Paul Graham) declare that the media hates them because they are losing power Media Twitter decides VC Twitter is trying to reanimate the corpse of #GamerGate Steph Korey, the instigator of this spiraling nonsense? Away says she has decided to step down (redux) because an employee revolt over her IG post. (Recap: Away sells hardcases to hypebeasts. They are worth a billion because of VCs) Balaji, rich VC guy, has memes on his timeline? [Elon Musk has not weighed in yet, if you are curious]
Decentr ($DEC) - foundational cross-chain and cross-platform DeFi protocol
Decentr is a protocol designed to make blockchain/DLT mainstream by allowing DeFi applications built on various blockchains to “talk to each other”. Decentr is a 100% secure and decentralised Web 3.0 protocol where users can apply PDV (personal data value) to increase APR on $DEC that users loan out as part of of our DeFi dLoan features, as well as it being applied at PoS when paying for stuff online. Decentr is also building a BAT competitor browser and Chrome/Firefox extension that acts as a gateway to 100% decentralised Web 3.0
Allows DeFi Dapps to access all Decentr’s dFintech features, including dLoan, dPay. Key innovation is that the protocols is based on a user’s ability to leverage the value of their data as exchangeable “currency”.
Decentr is building foundational chain-agnostic protocols that will support “true” 100% DeFi Dapps, a 100% secure and decentralised, user-centric alt economy. DeFi dApps inter-connected by Decentr can talk to each other and share PDV (personal data value) of their users. PDV is best described as a personalized “exchange rate” (in a sense social reputation where more effort leads to more rewards and NOT more capital to more rewards. ) between currencies that users apply at point-of-sale to make the cost of goods and services cheaper online. PDV is applied to the APR users earn on $DEC (native token) that they hold that they loan out as part of the investing pool. PDV will also allow uncollateralized loans on their dLoan platform, and also on platforms like Aave and Compound.
Decentr will implement ZKsync to get super cheap and super fast transactions across the ETH network. It is also working with HoloChain and Tomochain to allow connect their DeFi ecosystem to the Ethereum DeFi ecosystem. Decentr has DEEP TIES and a PARTNERSHIP with Holochain: https://medium.com/@DecentrNet/decentr-holochain-ama-29d662caed03
Decentr is also building a browser and Chrome/Firefox extension - a gateway that “transitions” Web 2.0 into a 100% decentralised Web 3.0 via their suite of decentralised dFintech and dCommunications features. The browser adds a 100% decentralised “user layer” to current blockchain protocols so that applications built on blockchain can actually “talk to each other”. The browser uses encryption all the time and the power of blockchain to keep private keys safe. Browser will offer a more robust and innovative type of blockchain storage and caching that is much faster than VPN or TOR. It will allow surfing .onion addresses as well as the regular ones. >>BAT browser 400m marketcap, DEC marketcap 4m<<
Decentr is researching a hardware application, powered by Decentr software, that would greatly enhance current IoT networks. It’s called a “Smart Chip Node” (SCN) and will adhere to 4G LTE standards (with in-built 5G capability), which means connectivity between devices will match or exceed current speed and connectivity, dramatically improving stability and coverage of standalone devices, such as a laptop or tablet, as well as IoT devices, such as home routers and modems.
Decentr uses Coinbase API to optimise integrated implementation of the user layer and Blockchain as a Service (BaaS) to allow users to leverage cloud-based solutions to build, host and use their own blockchain apps. Tierion’s technological infrastructure, the Chainpoint Proof protocol, will come into play whenever a user adds something in Tierion’s data store. Hyperledger Fabric and R3 Corda private blockchains are used as an immutable transaction database for data transfers, including the following tech: R3 Corda, Hyperledger Fabric, Ansible, Bitbucket Pipelines, AWS, Node.JS, GoLang, Kotlin and CouchDB.
Implements a system of layered security protocols based on a radically-new software architecture that combines Elliptic Curve Cryptography (ECC)4 and Sobol sequencing with a n-dimensional chain as part of AI-enhanced, platform-wide community consensus mechanism — a mechanism that assigns mutually agreed value to data and user security protocol upgrades (further encouraging enhanced data integrity) by deploying a Delegated Proof of Stake (DPoS) protocol.
Bank of England has reached out to Decenr to discuss the potential of a UK CBDC upon hearing about the potential of their tech. Decentr is consistent with their own R&D into a "dGBP" and they requested a top-level document for review >> Decentr created this proposal: https://decentr.net/files/Decentr_Consultancy_Doc_UK_CBDC.pdf
A fee is charged for every transaction using dPay whereby an exchange takes place between money (fiat and digital) and data, and vice versa, either as part of DeFi features or via a dApp built on Decentr. They are launching pilot programmes in the following industries:
Banking/PSP Industry: On Product launch, due to Decentr’s powerful PSP connections (including the worlds #2 PSP by volume), a medium-scale pilot program will be launched, which will seed the network with 150,000 PSP customers in primarily the Spanish/LAC markets, generating revenue from day one.
“Bricks and Mortar” Supermarket/Grocery Industry: Decentr aims to ensure the long-term competitiveness of “bricks and mortar” supermarkets against online-only grocery retailers, such as Amazon, by a) building secure tech that allows supermarkets to digitise every aspect of their supply chains and operational functions, while b) allowing supermarkets to leverage this incredibly valuable data as a liquid asset class. Expected revenue by Year 5: $114Mn per year.
Online Advertising Industry: Decentr’s 100% decentralised platform credits users secure data with payable value, in the form of PDV, for engaging with ads. The Brave browser was launched in 2012 and in 8 years has reached over 12 million monthly active users, accented by as many as 4.3 million daily active users.
TOKEN $DEC AND SALE
Decentr recently complete their token sale on a purchase portal powered by Dolomite where they raised $974,000 in 10 minutes for a total sale hardcap of 1.25M. The $DEC token is actively trading on multiple exchanges including Uniswap and IDEX. Listed for free on IDEX, Hotbit, Hoo, Coinw, Tidex, BKex. Listed on CoinGecko and Coinmarketcap. Listed on Delta and Blockfolio apps. ➡️ Circulating supply: 61m $DEC. ➡️ Release schedule and token distribution LINK -> NO RELEASE UNTIL 2021.
A tradeable unit of value that is both internal and external to the Decentr platform.A unit of conversion between fiat entering and exiting the Decentr ecosystem.A way to capture the value of user data and combines the activity of every participant of the platform performing payment (dPay), or lending and borrowing (dLend), i.e a way to peg PDV to tangible/actionable value.Method of payment in the Decentr ecosystem.A method to internally underwrite the “Deconomy.
How I plan to identify and sell the top of the next market cycle.
In this post I will share with you some of the strategies I will use to identify the next market cycle top so I can sell for maximum profits (and of course buy back in later in the subsequent bear market!) In the first part of this post I will discuss the resources I will use and in the second part I will discuss tactics in selling and risk management.
As the bull run begins to drag on and the price of ETH starts getting closer and closer to $10k I will begin to start watching many of the data science charts over at Look into Bitcoin. This will not be the only source I will use since there are great custom tools on TradingView too as well as more subjective indicators such as friends and family talking crypto and hearing about crypto again in the mainstream media. I’d also like to note that many of the indicators I will be looking at will be Bitcoin focused despite my ETH centred portfolio. Like it or not, this market is still Bitcoin dominated and despite the many proponents of an ETH flippening (myself included), it is quite likely that we will not see it this cycle due to the macro investing environment favouring assets which are good stores of value to weather the uncertainty. Ultimately, Bitcoin has the best store of value meme in crypto and that will be very powerful in the coming years. I think it is likely that the time for Ethereum or a network like Ethereum with a yielding asset (ETH under ETH 2.0) and a native economy of DeFi, DApps, NFTs and much more will be once all of the stock market uncertainty is over and investors are ready to take on more risk again. I am of course still expecting Ethereum and altcoins to outperform Bitcoin this cycle. However, I think that Bitcoin losing the number 1 spot will be more likely to happen between 2023 and 2030 rather than in the next 2-3 years. I hope I am wrong though. While most of the indicators on Looking into Bitcoin are useful, I will list the ones I’ll be focusing on the most here:
And finally my favourite, the Golden Ratio Multiplier. This indicator has been remarkably accurate at predicting tops using the golden ratio (1.6) and the fibonacci sequence (0, 1, 1, 2, 3, 5, 8, 13, 21) multiplied by the 350 day moving average. With each market cycle, the 350 day moving average is multiplied by the next number down in the fibonacci sequence. For example, the 2013 peak only just passed above the 350 day moving average multiplied by 8 and the 2017 bull market just touched the 350 day moving average multiplied by 5. So if this indicator is to work in the next cycle, we can expect the price to slightly exceed 3 times the value of the 350 day moving average. This indicator also worked for Ethereum in the 2017 bull run. While there is no graph for it, on the 13th of January, when ETH hit a peak of $1,419, the 350 day moving average was at $270. $270 multiplied by 5 is $1,350. If you sold at $1,350 you sold incredibly close to the top and I don’t think that any macro traders/long term traders would complain about that timing. I’d like to note that while indicators like the Golden Ratio Multiplier factors in for less explosive growth each cycle, not all of the above indicators do. So be cautious of this when you think the peak is near as it may be closer than you think. In saying that, there is a lot of luck involved so I should also point out that it also might not be closer than you think. However, it would be better to sell before the peak at say $10,000/BTC as of 2017 than to be left holding all of your crypto when the bear market begins since Bitcoin didn’t spend much time above $10,000/BTC after the $20K peak. Ultimately it is up to you to decide your risk appetite and how well you want to try and time the market. For me, I will definitely be on the conservative side so that I don’t miss the boat completely and hopefully I will be able to sell most of my crypto just before we peak rather than afterwards.
Since timing the top requires a lot of luck, a good method of mitigating the risk is to spread out when you sell. I’m going to share with you my personal strategy but I recommend that you create your own strategy or use this as a basis from which you can use to adjust and tweak it to optimally suit your situation. If you have a large stack, you will probably want to sell early since you might not need such spectacular gains to lock in some life changing money. On the other hand, if you have a smaller stack or if you are younger, you can afford to take more risk and might want to try and time the absolute peak a bit better to get that much closer to making some life changing money. Personally, while my stack isn’t very big in dollar terms, it is a significant % of my net worth and so I don’t have a high risk tolerance with it (at least relative to other people in crypto!) For this reason I will be selling a little bit on the early side. My plan has three pots of crypto. 20% of my crypto I will hold indefinitely since I very strongly believe in the long term prospect of ETH and BTC as investments. This way if I time the markets terribly, I will always have some skin in the crypto game. The second pot of crypto is 40% which I will sell on the way up to take some profits and I don’t intend on putting this money back into crypto. Initially I will be selling very small amounts of this 40% and as the indicators listed above get closer and closer to calling a top, I will sell larger proportions of this crypto. I haven’t set specific target numbers since things change fast in this space and I feel like the best decisions in this case are made in the moment. For example, estimating a market top is hard when it is 2-3 years away, but it is much easier when it is just months or weeks away. Once again, this is just personal preference. Many of you will find that setting targets now makes it easier for you to pull the trigger and take some profits when everyone else is calling $1M BTC while it is at $100K or calling for $100K ETH when the current price might be $10K. Finally, the last 40% I will sell all at once when I feel like we are at the top and I am confident that the price will be lower a year on from that point in time. With this 40% I will try and buy back during the bear market with the help of many of the same indicators I listed above from Look into Bitcoin. I will also use some indicators which I didn’t mention above since some are better designed at identifying market bottoms. My goal is to be able to buy back the number of BTC and ETH I held before I sold anything with this 40% (plus the 20% I didn’t sell). This is a big ask but it is better in life to set hard goals that seem unattainable or unrealistic than it is to set easy goals. To summarise my portfolio strategy, 20% of my portfolio is an indefinite hold, 40% I will sell on the way up and I do not intend on buying back into crypto with this money so I can avoid being over-exposed to crypto. The last 40% I will use to try and sell the top and buy the bottom.
As a closing note I would like to say that it will be important to be aware of the power of greed and FOMO. Do not under-estimate these emotions and try to remain a grounded and rational investor. Don’t be scared to take profits. I know from experience trading altcoins that it is better to exit a position early and miss out on another 100% price increase than it is to hold through a bear market and take >90% losses. If you go into this bullrun telling yourself you will take profits on the way up, you will have no reason to regret any early sales since you will know that you made a rational trade and not an emotional trade.
To be fair, more like it blew right passed. If you haven't noticed, Ethereum is killing it right now. I think we (as a community) should take notice and see what they're doing "right" and what we can mimic (read. what makes sense for BCH). Imo, the most "obvious" thing are the DeFi platforms that are absolutely exploding! It's '17 ICOs all over again (and might I add, we're ALL heading into a bull-market by years-end) As the introduction of AnyHedge has shown us, Bitcoin Cash can do DeFi very well .. they were the first ones out-the-gate and got the ball rolling for us .. but where are ALL the other BUIDLers?? General Protocols can't be the ONLY team working on creating "value"-adding services on top of Bitcoin Cash. For comparison, Consensys currently has over 1,000+ BUILDers, one single organization.. How does BCH get 10s to 100s of BUILDers?? Funding, yeah, I get it!! Do we NOT need talk about this more seriously?!? Gas fees on Ethereum are at ATHs .. Until ETH 2.0 is released there is a DEFINITELY an opportunity to grab some significant DeFi market share. Which I'd like to point out means onboarding folks that wield fuck-loads of cash .. but will that happen?? NOT without TEAMS of developers working on projects.. Oh well, maybe Avalanche will solve the user adoption issues, lol j/k .. but not really I will continue to keep bringing attention (read. annoying y'all to death) to the fact that WE NEED MANY, MANY MORE "VALUE"-ADDING SERVICES (for users, merchants, investors, etc etc), NOT just better infrastructure (as sooo many seem to be hyped up on) to properly grow this community and start making the name Bitcoin synonymous with CASH again..
MW Wyco Wednesday Inventory Update! 1st 10 Orders get a Small Hand Painted Canvas, Orders Ending in 7, 1, or 5 on 7/15 get Bonus Syringe! Comment Contest to Win Milly's Mega Box! Restocked GT, B+, PE6, PEU, AA+, KSSS, JMF. NEW: Tidalwave, Dancing Tiger, Na Muang, Aztec God, Mex. Jalisco
www.millywyco.com Milly's Mega Box Comment Contest= 15 free syringes, a book, and other swag! 3 Mega Boxes available. Deets below My dearest friends, mush lovers and fellow mycologists, welcome back to another edition of Wyco Wednesday! I took some time off last week for my anniversary, got caught up on some mush needed organization, and got ahead on restocking some of the more popular varieties, while adding 5 new ones to the library! Thank you so much to everyone who wished us a happy anniversary and were patient during an off week! And to everyone who added a note on your last order about something positive in your life...it truly warmed my heart. I know it's easy to focus on all the surprises 2020 has gifted us so far, but it really put a smile on my face to see the highlights of what good has happened in everyone's life recently. Keep that positivity flowing! Also, if anyone added a note in the "feedback" section, instead of the "notes" with the transaction, unfortunately I was not getting those messages. If you were expecting a freebie with your happy note but were left out due to the feedback vs. note issue, please let me know and I'll have something on the way to you STAT! In other news...gourmets are....still coming. Unfortunately, that's all I have for you guys at the moment, as some personal issues are delaying the process just a bit. A couple of weeks ago, I promised I would have a concrete date for when these gourmet liquid cultures will roll out, and I'm sorry I was not able to see that promise through. My gourmet grower had some unexpected life stuffs thrown his way, and needs to take care of some things for his family before resuming the process. I, as well as most of you in the community, recognize the importance of mental health and work/life balance as a priority over any work or hobby related activities. We appreciate your patience, and will have an update as soon as humanly possible! No matter how many curve balls 2020 tries to throw, we will come out of this better and stronger than ever! GOOD WILL PREVAIL. To ensure quality specimens and packaging, and due to the onslaught of orders on Wednesday's, all orders placed on Wednesday's will be shipped on Thursday and Friday of that week. You will receive an email notification with a tracking link when your order ships. I appreciate your patience so hard! The first 10 orders placed after this post (Order #12673-12682) will receive a FREE (very small) mushroom hand painted canvas! As with any of the artsy fartsy crafty thingies, DO NOT have high hopes for these items. I'm trying out something new each week to work on my own work/life balance struggles, and want to share some of my creations with you. Unfortunately, I am not such a creative person, and it shows. Throw it away, laugh, do what you wish with them, but know that when I'm making them, I'm in a meditative mindset, thinking about how all of you have blessed me and allowed me to continue living my dream. I hope this gives some of you a smile or mush needed pick-me-up on a rough day, and I encourage you to pay it forward, and make someone else's day too. We're all in this together :) P.S. This week's craft was chosen based on a poll I posted on the MW sub. Next week will be the runner up: resin crafts! Check back on the sub soon for another poll, or comment with what you'd like to see coming up! ALSO...in addition to the first 10 promo, and going with tradition the past couple months, any order number ending in 7, 1, or 5 on 7/15 will also get a FREE bonus unlisted syringe not available in the shop with their order! FINALLY...and this is the big one... one lucky person from each sub this is posted on (Sporeswap, Sporetraders, and MillyWyco) will receive Milly's Mega Box for FREE! I just made this up...don't try to go looking for it to buy. What is Milly's Mega Box you ask? This variety pack includes 10 cubensis syringes, 5 exotic syringes, a book from Ram Dass or Terence McKenna (God I love these guys!), and some really cool stickers! That's 15 syringes, a book, and rad stickers for FREE, given away on each sub :) All you have to do is comment something good that has come of 2020 (I know you have something), and I'll have one lucky comment chosen at random for the winner on each sub. Extra points for comedy...we could all use it...but still just chosen at random. Mush Love <3 This week, I have restocked a few favorites, including Albino A+, Golden Mammoth, Golden Teacher, B+, PE6, PEU, Blue Meanie, Z-Strain, Koh Samui Super Strain, Costa Rican, Mazatapec, PES Amazon, Jedi Mind Fuck, McKennaii, Huautla, Thai Lipa Yai and a few others! New additions this week include Tidalwave, Dancing Tiger, Na Muang, Aztec God, and Mexicana Jalisco! Thank you so much to everyone who has subscribed to a subscription box! Each and every month, these boxes will get better and better :) Newsletters will go out on the first of each month, regardless of when your plan is set to renew. In these newsletters will also be the winner of the random equipment raffle for MASTER PLAN members! This could be a sterilization wand, dehydrator, magnetic stir plate, or other super duper helpful tools in the hobby. Last month, 3 lucky Master Box subscribers received a pressure cooker, UV-C light sterilization wand, and a dehydrator! PLEASE USE COUPON CODES if ordering on the site for discounts!! Please see below: 2PACK - $20 for two cubensis syringes 5PACK - Classic and most popular $30 dealio for 5 cubensis varieties NEEDMORE - 5 cubensis varieties for $30 plus 1 exotic add-on for $10...total $40 NEEDMORE2 - 5 cubensis varieties for $30 plus 2 exotic add-ons for $20...total $50 NEEDMORE3 - 5 cubensis varieties for $30 plus 3 exotic add-ons for $30...total $60 ...and so on. Currently, this is setup for up to 5 exotic add-ons. If you have an order that does not meet these codes, such as adding on more than 5 exotics, getting 7 cubensis varieties, etc. please send me a message and I will build you a coupon code to match your order in a timely manner. Shipping not available to ID, GA, or CA (yes, really) Spore syringes are for microscopy use only Any reference to cultivation will exclude you from placing an order and we may never speak again. I want to talk to you. Don't do it! There are no exceptions to these rules. You have been warned. PAYMENT METHODS ACCEPTED: Major Credit/Debit cards, Zelle, Cash App, Venmo, Google Pay, Apple Pay, Bitcoin and Amazon gift cards PayPal is NOT available to me at this time. Also, I am the fee master! I get charged fees left and right that I don't pass on to you from shipping and third party payments. If you'd like to throw me a tip, however much it may be, I'd love you forever and it really does make a difference! These types of people have allowed me to share with some who are less fortunate. On the other hand, if times are tough for you right now, let's talk about it! ALL PRICES INCLUDE USPS SHIPPING WITH TRACKING!! I COVER ALL STANDARD SHIPPING COSTS. Please add an additional $5 to any order if you prefer USPS Priority Mail shipping. 1 syringe for $15 2 syringes for $20 5 syringes for $30 Golden Teacher (LIMITED TO 2 PER ORDER!) Albino A+ Amazonian Aztec God B+ (Be Positive) Ban Sa Phang Kha Blue Meanie Burma Cambodian Cambodian Gold Colorado Costa Rican Creeper Daddy Long Legs Dancing Tiger Ecuadorian Fiji Golden Mammoth Golden Teacher Hillbilly Huautla Jedi Mind Fuck Koh Samui Super Strain (KSSS) Leucistic Cambodian Lizard King Malabar Mazatapec McKennaii Mexican Na Muang (nah, mang...) Orissa India PES Amazon PES Hawaiian PF Classic Puerto Rican S. African Transkei Taman Negara Thai Lipa Yai Tidalwave Treasure Coast Z-Strain THE FOLLOWING EXOTICS ARE NOT PART OF THE 5/$30 MIX-n-MATCH DEALIO, but can be added to the 5/$30 pack for $10 as an add-on, or $15 each by themselves. These are NOT cubensis, and NOT recommended for beginners. USE COUPON CODE "NEEDMORE" on the site to add ONE EXOTIC on to a 5 pack. Want 2 Exotics? Use code NEEDMORE2 or NEEDMORE3 for 3, etc. Currently this is setup to add a maximum of 5 exotics....if you need more, please message me and I'll create a unique coupon code to enter for your order :) ****Penis Envy #6 (PE6)***\* This actually IS a cubensis variety, but added to exotics list due to rarity and popularity. NOT part of the pick 5. ****Penis Envy Uncut (PEU)***\* This actually IS a cubensis variety, but added to exotics list due to rarity and popularity. NOT part of the pick 5. ****Ps. Azurescens***\* ****Ps. Cyanescens***\* ****Ps. Mexicana Jalisco***\* ****Ps. Mexicana Tampanensis***\* ****Ps. Ovoideocystidiata***\* ****Ps. Subaeruginosa***\* ****Panaeolus Bisporus***\* ****Panaeolus Cambodginiensis- Sandoze***\* All syringes are 12cc/mL and come capped with a sterile tip cap, and also include an 18ga BD sterile needle and alcohol pads. Syringes are made in a lab grade environment and the utmost care and attention is the highest priority to be sure they are sterile. Anything exposed to an open air environment is subject to contamination, but I take every precaution possible to minimize this risk. I cannot "guarantee" they are 100% sterile, but I can guarantee that if you have an issue, I will make it right. I really do love to help, and if something happens, I'd like to know about it so I can fix the issue instead of you getting frustrated or giving up! To ensure equal quantity of spores in each syringe, and for adequate suspension of the spores in the solution, I use a magnetic stir plate. Very often, this does such a good job of breaking up clumps of spores that it will appear to be sparse. THIS IS NOT AN ISSUE! There are still a TON of spores in each syringe, even if you can't see them individually (though most of my syringes appear to have a very good amount of visible spores...even with my horrible eyesight!). You can compare and contrast to see the blackish/purple tint to ensure every syringe is packed with spores. If a spore clump forms during transportation, simply give it a good flick with your finger and vigorously shake to break it up or free it from clinging to the wall of the syringe before examining. Syringes ship in individual bags clearly labeled as to specific variety and born on date, bubble wrapped and shipped through USPS tracked shipping (discreet) within 24 hours of payment. I send tracking info soon after payment and give updates along the (super quick) way. Any messages referring to spores being used for anything other than microscopy use will be ignored. Don't do it. THANK YOU ALL so much again for your continued support!! I appreciate it more than you know! MUSH LOVE P.S. In no way am I trying to be an impostor. I AM NOT WILLY MYCO. I chose this u/ a while back as sort of a play on words and tribute to a legend most of us recognize, long before I became a spore vendor. I don't want anyone to think I am trying to pass off as him, though I do strive for his level of excellence and dedication to the craft! I appreciate all of the kind words, though, from people saying they learned from "my" videos. I wish I could pass on those notes to RR himself. Cheers and MUSH LOVE! MW
MW Wyco Wednesday Inventory Update! 1st 10 Orders get a Small Hand Painted Canvas, Orders Ending in 7, 1, or 5 on 7/15 get Bonus Syringe! Comment Contest to Win Milly's Mega Box! Restocked GT, B+, PE6, PEU, AA+, KSSS, JMF. NEW: Tidalwave, Dancing Tiger, Na Muang, Aztec God, Mex. Jalisco
Please see profile description for ordering instructions :) Milly's Mega Box Comment Contest= 15 free syringes, a book, and other swag! 3 Mega Boxes available. Deets below My dearest friends, mush lovers and fellow mycologists, welcome back to another edition of Wyco Wednesday! I took some time off last week for my anniversary, got caught up on some mush needed organization, and got ahead on restocking some of the more popular varieties, while adding 5 new ones to the library! Thank you so much to everyone who wished us a happy anniversary and were patient during an off week! And to everyone who added a note on your last order about something positive in your life...it truly warmed my heart. I know it's easy to focus on all the surprises 2020 has gifted us so far, but it really put a smile on my face to see the highlights of what good has happened in everyone's life recently. Keep that positivity flowing! Also, if anyone added a note in the "feedback" section, instead of the "notes" with the transaction, unfortunately I was not getting those messages. If you were expecting a freebie with your happy note but were left out due to the feedback vs. note issue, please let me know and I'll have something on the way to you STAT! In other news...gourmets are....still coming. Unfortunately, that's all I have for you guys at the moment, as some personal issues are delaying the process just a bit. A couple of weeks ago, I promised I would have a concrete date for when these gourmet liquid cultures will roll out, and I'm sorry I was not able to see that promise through. My gourmet grower had some unexpected life stuffs thrown his way, and needs to take care of some things for his family before resuming the process. I, as well as most of you in the community, recognize the importance of mental health and work/life balance as a priority over any work or hobby related activities. We appreciate your patience, and will have an update as soon as humanly possible! No matter how many curve balls 2020 tries to throw, we will come out of this better and stronger than ever! GOOD WILL PREVAIL. To ensure quality specimens and packaging, and due to the onslaught of orders on Wednesday's, all orders placed on Wednesday's will be shipped on Thursday and Friday of that week. You will receive an email notification with a tracking link when your order ships. I appreciate your patience so hard! The first 10 orders placed after this post (Order #12673-12682) will receive a FREE (very small) mushroom hand painted canvas! As with any of the artsy fartsy crafty thingies, DO NOT have high hopes for these items. I'm trying out something new each week to work on my own work/life balance struggles, and want to share some of my creations with you. Unfortunately, I am not such a creative person, and it shows. Throw it away, laugh, do what you wish with them, but know that when I'm making them, I'm in a meditative mindset, thinking about how all of you have blessed me and allowed me to continue living my dream. I hope this gives some of you a smile or mush needed pick-me-up on a rough day, and I encourage you to pay it forward, and make someone else's day too. We're all in this together :) P.S. This week's craft was chosen based on a poll I posted on the MW sub. Next week will be the runner up: resin crafts! Check back on the sub soon for another poll, or comment with what you'd like to see coming up! ALSO...in addition to the first 10 promo, and going with tradition the past couple months, any order number ending in 7, 1, or 5 on 7/15 will also get a FREE bonus unlisted syringe not available in the shop with their order! FINALLY...and this is the big one... one lucky person from each sub this is posted on (Sporeswap, Sporetraders, and MillyWyco) will receive Milly's Mega Box for FREE! I just made this up...don't try to go looking for it to buy. What is Milly's Mega Box you ask? This variety pack includes 10 cubensis syringes, 5 exotic syringes, a book from Ram Dass or Terence McKenna (God I love these guys!), and some really cool stickers! That's 15 syringes, a book, and rad stickers for FREE, given away on each sub :) All you have to do is comment something good that has come of 2020 (I know you have something), and I'll have one lucky comment chosen at random for the winner on each sub. Extra points for comedy...we could all use it...but still just chosen at random. Mush Love <3 This week, I have restocked a few favorites, including Albino A+, Golden Mammoth, Golden Teacher, B+, PE6, PEU, Blue Meanie, Z-Strain, Koh Samui Super Strain, Costa Rican, Mazatapec, PES Amazon, Jedi Mind Fuck, McKennaii, Huautla, Thai Lipa Yai and a few others! New additions this week include Tidalwave, Dancing Tiger, Na Muang, Aztec God, and Mexicana Jalisco! Thank you so much to everyone who has subscribed to a subscription box! Each and every month, these boxes will get better and better :) Newsletters will go out on the first of each month, regardless of when your plan is set to renew. In these newsletters will also be the winner of the random equipment raffle for MASTER PLAN members! This could be a sterilization wand, dehydrator, magnetic stir plate, or other super duper helpful tools in the hobby. Last month, 3 lucky Master Box subscribers received a pressure cooker, UV-C light sterilization wand, and a dehydrator! PLEASE USE COUPON CODES if ordering on the site for discounts!! Please see below: 2PACK - $20 for two cubensis syringes 5PACK - Classic and most popular $30 dealio for 5 cubensis varieties NEEDMORE - 5 cubensis varieties for $30 plus 1 exotic add-on for $10...total $40 NEEDMORE2 - 5 cubensis varieties for $30 plus 2 exotic add-ons for $20...total $50 NEEDMORE3 - 5 cubensis varieties for $30 plus 3 exotic add-ons for $30...total $60 ...and so on. Currently, this is setup for up to 5 exotic add-ons. If you have an order that does not meet these codes, such as adding on more than 5 exotics, getting 7 cubensis varieties, etc. please send me a message and I will build you a coupon code to match your order in a timely manner. Shipping not available to ID, GA, or CA (yes, really) Spore syringes are for microscopy use only Any reference to cultivation will exclude you from placing an order and we may never speak again. I want to talk to you. Don't do it! There are no exceptions to these rules. You have been warned. PAYMENT METHODS ACCEPTED: Major Credit/Debit cards, Zelle, Cash App, Venmo, Google Pay, Apple Pay, Bitcoin and Amazon gift cards PayPal is NOT available to me at this time. Also, I am the fee master! I get charged fees left and right that I don't pass on to you from shipping and third party payments. If you'd like to throw me a tip, however much it may be, I'd love you forever and it really does make a difference! These types of people have allowed me to share with some who are less fortunate. On the other hand, if times are tough for you right now, let's talk about it! ALL PRICES INCLUDE USPS SHIPPING WITH TRACKING!! I COVER ALL STANDARD SHIPPING COSTS. Please add an additional $5 to any order if you prefer USPS Priority Mail shipping. 1 syringe for $15 2 syringes for $20 5 syringes for $30 Golden Teacher (LIMITED TO 2 PER ORDER!) Albino A+ Amazonian Aztec God B+ (Be Positive) Ban Sa Phang Kha Blue Meanie Burma Cambodian Cambodian Gold Colorado Costa Rican Creeper Daddy Long Legs Dancing Tiger Ecuadorian Fiji Golden Mammoth Golden Teacher Hillbilly Huautla Jedi Mind Fuck Koh Samui Super Strain (KSSS) Leucistic Cambodian Lizard King Malabar Mazatapec McKennaii Mexican Na Muang (nah, mang...) Orissa India PES Amazon PES Hawaiian PF Classic Puerto Rican S. African Transkei Taman Negara Thai Lipa Yai Tidalwave Treasure Coast Z-Strain THE FOLLOWING EXOTICS ARE NOT PART OF THE 5/$30 MIX-n-MATCH DEALIO, but can be added to the 5/$30 pack for $10 as an add-on, or $15 each by themselves. These are NOT cubensis, and NOT recommended for beginners. USE COUPON CODE "NEEDMORE" on the site to add ONE EXOTIC on to a 5 pack. Want 2 Exotics? Use code NEEDMORE2 or NEEDMORE3 for 3, etc. Currently this is setup to add a maximum of 5 exotics....if you need more, please message me and I'll create a unique coupon code to enter for your order :) ****Penis Envy #6 (PE6)***\* This actually IS a cubensis variety, but added to exotics list due to rarity and popularity. NOT part of the pick 5. ****Penis Envy Uncut (PEU)***\* This actually IS a cubensis variety, but added to exotics list due to rarity and popularity. NOT part of the pick 5. ****Ps. Azurescens***\* ****Ps. Cyanescens***\* ****Ps. Mexicana Jalisco***\* ****Ps. Mexicana Tampanensis***\* ****Ps. Ovoideocystidiata***\* ****Ps. Subaeruginosa***\* ****Panaeolus Bisporus***\* ****Panaeolus Cambodginiensis- Sandoze***\* All syringes are 12cc/mL and come capped with a sterile tip cap, and also include an 18ga BD sterile needle and alcohol pads. Syringes are made in a lab grade environment and the utmost care and attention is the highest priority to be sure they are sterile. Anything exposed to an open air environment is subject to contamination, but I take every precaution possible to minimize this risk. I cannot "guarantee" they are 100% sterile, but I can guarantee that if you have an issue, I will make it right. I really do love to help, and if something happens, I'd like to know about it so I can fix the issue instead of you getting frustrated or giving up! To ensure equal quantity of spores in each syringe, and for adequate suspension of the spores in the solution, I use a magnetic stir plate. Very often, this does such a good job of breaking up clumps of spores that it will appear to be sparse. THIS IS NOT AN ISSUE! There are still a TON of spores in each syringe, even if you can't see them individually (though most of my syringes appear to have a very good amount of visible spores...even with my horrible eyesight!). You can compare and contrast to see the blackish/purple tint to ensure every syringe is packed with spores. If a spore clump forms during transportation, simply give it a good flick with your finger and vigorously shake to break it up or free it from clinging to the wall of the syringe before examining. Syringes ship in individual bags clearly labeled as to specific variety and born on date, bubble wrapped and shipped through USPS tracked shipping (discreet) within 24 hours of payment. I send tracking info soon after payment and give updates along the (super quick) way. Any messages referring to spores being used for anything other than microscopy use will be ignored. Don't do it. THANK YOU ALL so much again for your continued support!! I appreciate it more than you know! MUSH LOVE P.S. In no way am I trying to be an impostor. I AM NOT WILLY MYCO. I chose this u/ a while back as sort of a play on words and tribute to a legend most of us recognize, long before I became a spore vendor. I don't want anyone to think I am trying to pass off as him, though I do strive for his level of excellence and dedication to the craft! I appreciate all of the kind words, though, from people saying they learned from "my" videos. I wish I could pass on those notes to RR himself. Cheers and MUSH LOVE! MW
My mom just bought herself a Trezor One; What services/websites/advice would you recommend to give her an idea of crypto's various use cases?
Hey all! I first became interested in cryptocurrency in early 2017 as I'm sure many people did. I remember visiting my parents that October and just bombarding them with how excited I was, what an opportunity it was, yadda yadda yadda. The typical "I JUST GOT INTO CRYPTO AND NOW EVERYONE I KNOW MUST KNOW ABOUT IT" mentality. As one might expect ol' mama & papa were not super receptive but not necessarily dismissive. ...so color me surprised when, after briefly talking about crypto again with my mom today on the phone, she starts texting me asking about the difference between the Trezor One and the Model T. I thought she was trying to figure out a suitable gift for my birthday that's coming up soon until she started asking which one would be more suitable for a beginner. I suggested the One despite the pretty touchscreen on the Model T as it just felt like overkill. She's not gonna be on Binance juggling altcoins all over the place (at least I don't think so...) so I told her the Trezor One would be totally suitable for her to use and sure enough, she bought one! I'm flabbergasted. She has NEVER shown any interest in crypto outside of me occasionally talking about a project I find interesting. She didn't say anything about trying to make money and I wasn't talking about altcoins pumping like crazy so she isn't doing it as some get rich quick scheme, she just...went ahead and bought herself a Trezor. She works at a bank for crying out loud. Did I mention I'm flabbergasted? The whole situation is really exciting for me because I really do love my mom and we get along great but we share hardly any common interests so this could be a great opportunity to bring us closer together. ---- So as the title says, dear reader: What kinds of things would you recommend I show her? I'm planning on helping her set up the device when she gets it as well as sending her a small amount of BTC or LTC to play around with but despite my love of the stuff I'm blanking on what I could have her do with it that would really impress her or interest her. I was thinking to maybe start with something like Coinbase Earn because she could get a little bit of money and it could help her understand crypto assets that AREN'T Bitcoin. Thoughts? Ideas? Opinions? For reference she lives in rural Indiana near Indianapolis and is fast approaching 60 years old. She loves horses, gymnastics, cats and dogs, and gluten-free food. She also loves her beautiful, beautiful son (or so I'm told). Thanks! LD
[Winner's Thread #53] All good things come to those who wait! Stay safe everyone!
First of all, I would like to thank millionairemakers for opportunity to participate in this drawings and I would like everyone to give me few minutes to read my story. Im really grateful for all of this. Yesterday I was at my phone and suddenly got plenty of notifications on Reddit, when I oppened app I coudnt believe it. I was shocked, of course I never expected to win such a thing,but it happened,to me, in right time. My name is Tin. Im student of Kinesiology (after this year I should get Bachelor's Degree) in Croatia. This year started really rought for me. Two months passed since I found out that my girlfriend of almost 7 years cheated on me, I writed a post and few comments on other subreddits, so if someone is intrested in my situation and wants to help, feel free to check. Since then, Im not the same. I lost self-confidence, I was suicidal, coudn't sleep or eat and maybe worst of all I didn't have someone to talk to. After that, the world was hit by a COVID-19 and like everyone else, I must stay at home with my thoughts without even going to college or walk outside with friend. But, enough about me, I wish you all to stay safe, take care of your family and help those who need it,we are all in this together! When I found out that I won, I started shaking, maybe this is one of many good things that from now my life will get me. I'm not gonna lie, tears in my eyes started to come. I'm really humble person, I dont need much in life,I will probably use some money to invest in me(to feel better in my own skin,some clothes maybe to get that self confidence I lost ☹ ) and rest of it will go to help others. To be honest I don't know how much people get from this, but everything will help. I have saved some money and I always wanted to suprise my family with some car, maybe this is opportunity to dream come true. Also, since my mum and me sometimes volunteer at our local dogs shelter I want to suprise them with some food,toys, blankets,etc. Please take care of your loved ones, talk with them and show some love. Thank you all so much. This is great community and I'm looking foward to next winners in future months.Also big thanks for all help and instructions given by mod of this community u/lilfruini *** Everything listed should result in direct lines of payment to Ultima98. We ask all users to donate at least $1 USD. The Drawing is also listed for users who want to see the results and confirm the validity of the winner. Drawing: https://www.reddit.com/millionairemakers/comments/g404jh/draw_53/ Revolut: (@)tini5ibx PayPal: paypal.me/Meskeee Bitcoin: 17aoGjWdGqbwfcDRmaAmFSF9A2HrLCQd1c Bitcoin Cash: qrvgr7vjds5tx0c0p7zv9mhv6z402d8c7qdjgmp49a Ethereum: 0x6Fcb454836e1c4Ac68e39326924D1A7F84dB6535 Litecoin: LU6u2sysJgRe6EMEAwg1pbREa1NZ69oRdE Dogecoin: DCFkwpJJnZaWhUJtA8dfU7jyqGy4pWzZNx Nano: nano_15f9tq46ogy1tck4ox4x4md9nj6sm79ib7qei4ya7iozdpx6mr35j49g3ji6 EDIT 1:Its been 1 hour and this is blowing up,thank you all for help! Im shaking.Thank you u/shanecorry for biggest donation of 50$ for now. I dont know what other to say then I love you all <3 EDIT 2: Good morning everyone! Thank you for all tips, I will now try to answer all great messages I got from you. I still cant believe this is real. You are all great! EDIT 3: I think I answered to all comments,thank you so much for doing this, this is great start.I wanna send special thank you for General-Clue for biggest tip for now, my brother send 100$!!!Thank you for that, you are really one in million person, wish you luck with everything in life. For now I got almost 2000$ THANK YOU ALL FOR HELP EDIT 4 22/4/2020. 11AMFor now, total of tips around all crypto and paypal is about 2100$ Everything I get from now on, I will donate to "Dogs shelter" and if I get enough I will like to donate toSuicide prevention organization, because of my situation this year, I would really like to help, so if someone want to drop some tip, I want you to know that its going into right hands. Take care everyone and Im glad that I can be part of this great community, Love you all! EDIT 5 and 6 23/4/2020- 24/4/2020.
Raised about 200$ more for donation! Thank you all once again!
Raised about x<100$ more,total is about 2300$-2400$, Thank you once again, you are all awesome
EDIT 7 25/4/2020. I just wanna thank community of nanocurrency for allowing me to post question on their site and for allowing me to be new part of their community. Mods/admins are really fast and detailed in their responds. I posted another update about my story there, so if everyone is intrested,go check it out. Thank you XRBeast for listening to me, you are really brother :) EDIT 8 16/5/2020. Wooooow. My phone again is about to blow up because of all donations again! Thank you so much for all! I got about 500$ more, so total for now is 3000$. I wanna say thank you for each and every one of you for kind messages and being awesome people. Im so glad I can be part of this community. Wish you all luck in next drawing. <3
DDDD - The Rise of “Buy the Dip” Retail Investors and Why Another Crash Is Imminent
In this week's edition of DDDD (Data-driven DD), I'll be going over the real reason why we have been seeing a rally for the past few weeks, defying all logic and fundamentals - retail investors. We'll look into several data sets to see how retail interest in stock markets have reached record levels in the past few weeks, how this affected stock prices, and why we've most likely seen the top at this point, unless we see one of the "positive catalysts" that I mentioned in my previous post, which is unlikely (except for more news about Remdesivir). Disclaimer - This is not financial advice, and a lot of the content below is my personal opinion. In fact, the numbers, facts, or explanations presented below could be wrong and be made up. Don't buy random options because some person on the internet says so; look at what happened to all the SPY 220p 4/17 bag holders. Do your own research and come to your own conclusions on what you should do with your own money, and how levered you want to be based on your personal risk tolerance. Inspiration Most people who know me personally know that I spend an unhealthy amount of my free time in finance and trading as a hobby, even competing in paper options trading competitions when I was in high school. A few weeks ago, I had a friend ask if he could call me because he just installed Robinhood and wanted to buy SPY puts after seeing everyone on wallstreetbets post gains posts from all the tendies they’ve made from their SPY puts. The problem was, he actually didn’t understand how options worked at all, and needed a thorough explanation about how options are priced, what strike prices and expiration dates mean, and what the right strategy to buying options are. That’s how I knew we were at the euphoria stage of buying SPY puts - it’s when dumb money starts to pour in, and people start buying securities because they see everyone else making money and they want in, even if they have no idea what they’re buying, and price becomes dislocated from fundementals. Sure enough, less than a week later, we started the bull rally that we are currently in. Bubbles are formed when people buy something not because of logic or even gut feeling, but when people who previously weren’t involved see their dumb neighbors make tons of money from it, and they don’t want to miss out. A few days ago, I started getting questions from other friends about what stocks they should buy and if I thought something was a good investment. That inspired me to dig a bit deeper to see how many other people are thinking the same thing. Data Ever since March, we’ve seen an unprecedented amount of money pour into the stock market from retail investors. Google Search Trends \"what stock should I buy\" Google Trends 2004 - 2020 \"what stock should I buy\" Google Trends 12 months \"stocks\" Google Trends 2004 - 2020 \"stocks\" Google Trends 12 months Brokerage data Robinhood SPY holders \"Robinhood\" Google Trends 12 months wallstreetbets' favorite broker Google Trends 12 months Excerpt from E*Trade earnings statement Excerpt from Schwab earnings statement TD Ameritrade Excerpt Media cnbc.com Alexa rank CNBC viewership & rankings wallstreetbets comments / day investing comments / day Analysis What we can see from Reddit numbers, Google Trends, and CNBC stats is that in between the first week of March and first week of April, we see a massive inflow of retail interest in the stock market. Not only that, but this inflow of interest is coming from all age cohorts, from internet-using Zoomers to TV-watching Boomers. Robinhood SPY holdings and earnings reports from E*Trade, TD Ameritrade, and Schwab have also all confirmed record numbers of new clients, number of trades, and assets. There’s something interesting going on if you look closer at the numbers. The numbers growth in brokers for designed for “less sophisticated” investors (i.e. Robinhood and E*Trade) are much larger than for real brokers (i.e. Schwab and Ameritrade). This implies that the record number of new users and trade volume is coming from dumb money. The numbers shown here only really apply to the US and Canada, but there’s also data to suggest that there’s also record numbers of foreign investors pouring money into the US stock market as well. However, after the third week of March, we see the interest start to slowly decline and plateau, indicating that we probably have seen most of those new investors who wanted to have a long position in the market do so. SPX daily Rationale Pretty much everything past this point is purely speculation, and isn’t really backed up by any solid data so take whatever I say here with a cup of salt. We could see from the graph that new investor interest started with the first bull trap we saw in the initial decline from early March, and peaking right after the end of the crash in March. So it would be fair to guess that we’re seeing a record amount of interest in the stock market from a “buy the dip” mentality, especially from Robinhood-using Millennials. Here’s a few points on my rationalization of this behavior, based on very weak anecdotal evidence
They missed out of their chance of getting in the stock market at the start of the bull market that happened at the end of 2009
They’ve all seen the stock market make record gains throughout their adult lives, but believing that the market might be overheated, they were waiting for a crash
Most of them have gotten towards the stage of their lives where they actually have some savings and can finally put some money aside for investments
This stock market crash seems like their once-in-a-decade opportunity that they’ve been waiting for, so everyone jumped in
Everyone’s stuck at their homes with vast amounts of unexpected free time on their hands
Most of these new investors got their first taste in the market near the bottom, and probably made some nice returns. Of course, since they didn’t know what they were doing, they probably put a very small amount of money at first, but after seeing a 10% return over one week, validating that maybe they do know something, they decide to slowly pour in more and more of their life savings. That’s what’s been fueling this bull market. Sentiment & Magic Crayons As I mentioned previously, this bull rally will keep going until enough bears convert to bulls. Markets go up when the amount of new bullish positions outnumber the amount of new bearish positions, and vice versa. Record amounts of new investors, who previously never held a position in the market before, fueled the bullish side of this equation, despite all the negative data that has come out and dislocating the price from fundamentals. All the smart money that was shorting the markets saw this happening, and flipped to become bulls because you don’t fight the trend, even if the trend doesn’t reflect reality. From the data shown above, we can see new investor interest growth has started declining since mid March and started stagnating in early April. The declining volume in SPY since mid-March confirms this. That means, once the sentiment of the new retail investors starts to turn bearish, and everyone figures out how much the stocks they’re holding are really worth, another sell-off will begin. I’ve seen something very similar to this a few years ago with Bitcoin. Near the end of 2017, Bitcoin started to become mainstream and saw a flood of retail investors suddenly signing up for Coinbase (i.e. Robinhood) accounts and buying Bitcoin without actually understanding what it is and how it works. Suddenly everyone, from co-workers to grandparents, starts talking about Bitcoin and might have thrown a few thousand dollars into it. This appears to be a very similar parallel to what’s going on right now. Of course there’s differences here in that equities have an intrinsic value, although many of them have gone way above what they should be intrinsically worth, and the vast majority of retail investors don’t understand how to value companies. Then, during December, when people started thinking that the market was getting a bit overheated, some started taking their profits, and that’s when the prices crashed violently. This flip in sentiment now look like it has started with equities. SPY daily Technical Analysis, or magic crayons, is a discipline in finance that uses statistical analysis to predict market trends based on market sentiment. Of course, a lot of this is hand-wavy and is very subjective; two people doing TA on the same price history can end up getting opposite results, so TA should always be taken with a grain of salt and ideally be backed with underlying justification and not be blindly followed. In fact, I’ve since corrected the ascending wedge I had on SPY since my last post since this new wedge is a better fit for the new trading data. There’s a few things going on in this chart. The entire bull rally we’ve had since the lows can be modelled using a rising wedge. This is a pattern where there is a convergence of a rising support and resistance trendline, along with falling volume. This indicates a slow decline in net bullish sentiment with investors, with smaller and smaller upside after each bounce off the support until it hits a resistance. The smaller the bounces, the less bullish investors are. When the bearish sentiment takes over across investors, the price breaks below this wedge - a breakdown, and indicates a start of another downtrend. This happened when the wedge hit resistance at around 293, which is around the same price as the 200 day moving average, the 62% retracement (considered to be the upper bound of a bull trap), and a price level that acted as a support and resistance throughout 2019. The fact that it gapped down to break this wedge is also a strong signal, indicating a sudden swing in investor sentiment overnight. The volume of the break down also broke the downwards trend of volume we’ve had since the beginning of the bull rally, indicating a sudden surge of people selling their shares. This doesn’t necessarily mean that we will go straight from here, and I personally think that we will see the completion of a heads-and-shoulders pattern complete before SPY goes below 274, which in itself is a strong support level. In other words, SPY might go from 282 -> 274 -> 284 -> 274 before breaking the 274 support level. VIX Daily Doing TA is already sketchy, and doing TA on something like VIX is even more sketchy, but I found this interesting so I’ll mention it. Since the start of the bull rally, we’ve had VIX inside a descending channel. With the breakdown we had in SPY yesterday, VIX has also gapped up to have a breakout from this channel, indicating that we may see future volatility in the next week or so. Putting Everything Together Finally, we get to my thesis. This entire bull rally has been fueled by new retail investors buying the dip, bringing the stock price to euphoric levels. Over the past few weeks, we’ve been seeing the people waiting at the sidelines for years to get into the stock market slowly FOMO into the rally in smaller and smaller volumes, while the smart money have been locking in their profits at an even slower rate - hence an ascending wedge. As the amount of new retail interest in the stock market started slowed down, the amount of new bulls started to decline. It looks like Friday might have been the start of the bearish sentiment taking over, meaning it’s likely that 293 was the top, unless any significant bullish events happen in the next two weeks like a fourth round of stimulus, in which case we might see 300. This doesn’t mean we’ll instantly go back to circuit breakers on Monday, and we might see 282 -> 274 -> 284 -> 274 happen before panic, this time by the first-time investors, eventually bringing us down towards SPY 180. tldr; we've reached the top EDIT - I'll keep a my live thoughts here as we move throughout this week in case anyone's still reading this and interested. 5/4 8PM - /ES was red last night but steadily climbed, which was expected since 1h RSI was borderline oversold, leaving us to a slightly green day. /ES looks like it has momentum going up, but is approaching towards overbought territory now. Expecting it to go towards 284 (possibly where we'll open tomorrow) and bouncing back down from that price level 5/5 Market Open - Well there goes my price target. I guess at this point it might go up to 293 again, but will need a lot of momentum to push back there to 300. Seems like this is being driven by oil prices skyrocketing. 5/5 3:50PM - Volume for the upwards price action had very little volume behind it. Seeing a selloff EOD today, could go either way although I have a bearish bias. Going to hold cash until it goes towards one end of the 274-293 channel (see last week's thesis). Still believe that we will see it drop below 274 next week, but we might be moving sideways in the channel this week and a bit of next week before that happens. Plan for tomorrow is buy short dated puts if open < 285. Otherwise, wait till it goes to 293 before buying those puts 5/5 6PM - What we saw today could be a false breakout above 284. Need tomorrow to open below 285 for that to be confirmed. If so, my original thesis of it going back down to 274 before bouncing back up will still be in play. 5/6 EOD - Wasn't a false breakout. Looks like it's still forming the head-and-shoulders pattern mentioned before, but 288 instead of 284 as the level. Still not sure yet so I'm personally going to be holding cash and waiting this out for the next few days. Will enter into short positions if we either go near 293 again or drop below 270. Might look into VIX calls if VIX goes down near 30. 5/7 Market Open - Still waiting. If we break 289 we're probably heading to 293. I'll make my entry to short positions when we hit that a second time. There's very little bullish momentum left (see MACD 1D), so if we hit 293 and then drop back down, we'll have a MACD crossover event which many traders and algos use as a sell signal. Oil is doing some weird shit. 5/7 Noon - Looks like we're headed to 293. Picked up VIX 32.5c 5/27 since VIX is near 30. 5/7 11PM - /ES is hovering right above 2910, with 4h and 1h charts are bullish from MACD and 1h is almost overbought in RSI. Unless something dramatic happens we'll probably hit near 293 tomorrow, which is where I'll get some SPY puts. We might drop down before ever touching it, or go all the way to 295 (like last time) during the day, but expecting it to close at or below 293. After that I'm expecting a gap down Monday as we start the final leg down next week towards 274. Expecting 1D MACD to crossover in the final leg down, which will be a signal for bears to take over and institutions / day traders will start selling again 5/8 Market Open - Plan is to wait till a good entry today, either when technicals looks good or we hit 293, and then buy some SPY June 285p and July 275p 5/8 Noon - Everything still going according to plan. Most likely going to slowly inch towards 293 by EOD. Will probably pick up SPY puts and more VIX calls at power hour (3 - 4PM). Monday will probably gap down, although there's a small chance of one more green / sideways day before that happens if we have bullish catalysts on the weekend. 5/8 3:55PM - SPY at 292.60. This is probably going to be the closest we get to 293. Bought SPY 290-260 6/19 debit spreads and 292-272 5/15 debit spreads, as well as doubling down on VIX calls from yesterday, decreasing my cost basis. Still looks like there's room for one more green day on Monday, so I left some money on the side to double down if that's the case, although it's more likely than not we won't get there. 5/8 EOD - Looks like we barely touched 293 exactly AH before rebounding down. Too bad you can't buy options AH, but more convinced we'll see a gap down on Monday. Going to work on another post over the weekend and do my updates there. Have a great weekend everyone!
Why I Bought Nexo Over Celsius (CEL) & Crypto.com (MCO)
Personally until last week, I haven't touched this space since the the end of 2017 when bitcoin hit 20k. But now everything has changed. I'm back in it now because I started hearing about DeFi and how you can earn massive interest rates on your crypto. I was shocked when I saw you could earn 10% interest from Nexo, and on fiat! That's 10x more than what my bank offers me. It's an incredible deal and Celsius, Crypto Com (CDC), BlockFi also offer similar things. When I saw that these were all legitimate companies with solid product I knew I had to get into this now before it was too late. https://preview.redd.it/wxzc8a0ziea51.png?width=1184&format=png&auto=webp&s=2c717f10b911c1264ef36a08870401d30372dea7 DeFi is growing like crazy, and when everyone was offering massive interest rates on their deposits I know CeFi (centralized finance) will follow because the user experience is 10x easier for most people like me. So I had to pick. It was Nexo vs. Celsius vs. CDC vs. Blockfi And I think there's never been a better time than right now. So after doing research, I chose Nexo for these 5 reasons.
No Lock-in Terms
Fast Growing Company
Profitability Back in 2017 I invested in a ton of "shitcoins" with no product and no customers and lost a lot... What I like about Nexo is that not only did have an awesome product, it has massive growth of its core crypto credit line product. They have massive double digit growth month on month. Nexo, on average, much lends at 12% and borrows at 8%. So they make 4% APR on their loans. So from their $217 M in loans this year they would earn somewhere around $8M in profit (if each loan took a year to repay). But that's a decent ballpark figure. You can see these figures at https://nexostatistics.com/ for more information. https://preview.redd.it/wadznkpwhea51.png?width=2036&format=png&auto=webp&s=ce7b2ec7d39eb00f6dc5f8840bbcc6843b0dd047 So that's an incredible feat for a new company, and the ability to take a loan against your crypto saves you in several ways For taxes you only pay after you've sold your crypto or shares, but by taking a loan against them you can delay that period so it's very tax efficient. There's no credit check so if you have credit cards loans at 20% APR then this will help you tremendously because you can borrow at 6%. With all this profit, Nexo is creating a massive war chest to take over the CeFi space. But what about the competition? 2. No lock-in terms Now lets have a look at the competition. There are 3 other big players in this space. Crypto com (CDC) is the biggest as their CRO token took off and broke into the top 10. But if you want to get their best interest rates you need lock-in your investment for a minimum period of 3 months. In this economy where it feels like we can have a second crash. I'm a lot happier knowing I can withdraw it whenever I want. On flexible terms, for in-kind currency, Nexo wins letting you earn up to 10% over 8% the other big 3. 3. Massive Roadmap I've watched and transcribed nearly every video Antoni Trenchev has done. And he gives a few hints of the roadmap for Nexo. Here's a short summary:
Nexo is trying to either acquire a company or get their own banking license (like Revolut and Monzo) so they have more flexibility in their operations. It would be a huge step for a crypto company to get this and shows their ambition
This will be similar to CDC and they'll offer generous cash back incentives of 2% when you get your credit card.
Currently Nexo has done this massive growth without incentivised referrals, and when they turn this tap the company can likely see a lot of users pouring in for their great savings rates and crypto credit lines.
Exchanges and more Coins
Again, the ability to crypto within the eco system will go a long way to keeping users within the system. The plan is to let users buy and stake virtually any legitimate crypto coin. And with this massive roadmap, the core principle they started with by sharing back with the community, they keep everyone's incentives aligned. 4. Dividends Nexo currently offers 30% of their profits to all their users on a once a year basis. This is great because it gives the Nexo token some actual utility and incentives long-term holding. It also makes Nexo more transparent because they're sharing their profits from all their crypto credit loans. This year they'll announce on August 5th so there's still some time to get yours. Current estimates are around 5% ROI from current token price. 5. Fast Growing Company When I first started researching each of these CeFi companies I looked at their linked to see who was hiring the most. I like to look at what companies do as well as what they say they're doing. I noticed that celsius had very low growth, whereas BlockFi and Nexo were growing like crazy. Anyone who's not feeling confident about a business will immediately slow down hiring. But if you're more ambitious then you'll start hiring in order to increase your companies' growth. Nexo has 15-42% growth rate in terms of employees. (It's hard to say because apparently there's another company on Linkedin called Nexo that messes up the numbers). But it should be in this ballpark. https://preview.redd.it/b57lymjxhea51.png?width=648&format=png&auto=webp&s=e8eee982b610886d3cb8fda8d083345ce7c1ed2d Summary So when you have this killer combination of future update on the way, of dividens coming out in August, and company that's investing in its future. You know that Nexo could follow what happened with Crypto.com and have this massive influx of investment into the Nexo token. CDC CRO token broke into the top 10, and with Nexo boasting profitability, user growth, employee growth, and some stunning updates that are about to being launched I can see several reasons why price keeps trending upwards. We could also see Nexo climb up the rankings as people start investing Nexo more and more.
Flatten the Curve. #18. The current cold war between China and America explained. And how China was behind the 2008 Wall Street financial Crash. World War 3 is coming.
China, the USA, and the Afghanistan war are linked. And in order to get here, we will start there. 9-11 happened. Most of the planet mistakenly understood terrorists had struck a blow against Freedom and Capitalism and Democracy. It was time to invade Afghanistan. Yet all of the terrorists were linked to Saudi Arabia and not Afghanistan, that didn't make sense either. Yet they invaded to find Bin Laden, an ex CIA asset against the Soviet Union and it's subjugation of Afghanistan. The land in the middle of nowhere in relation to North America and the West. It was barren. A backwater without any strategic importance or natural resources. Or was there? The survey for rare earth elements was only made possible by the 2001 U.S. invasion, with work beginning in 2004. Mirzad says the Russians had already done significant surveying work during their military occupation of the country in the 1980s. Mirzad also toes the line for U.S. corporations, arguing, “The Afghan government should not touch the mining business. We have to give enough information to potential investors.” Rare Earth Elements. The elements that make the information age possible. People could understand the First Gulf War and the Geopolitical importance of oil. That was easy, but it still didn't sound morally just to have a war for oil. It was too imperialist and so they fell in line and supported a war for Kuwaiti freedom instead, despite the obvious and public manipulation at the UN by Nayirah. This is some of her testimony to the Human Rights Council. While I was there, I saw the Iraqi soldiers come into the hospital with guns. They took the babies out of the incubators, took the incubators and left the children to die on the cold floor. It was horrifying. I could not help but think of my nephew who was born premature and might have died that day as well. After I left the hospital, some of my friends and I distributed flyers condemning the Iraqi invasion until we were warned we might be killed if the Iraqis saw us. The Iraqis have destroyed everything in Kuwait. They stripped the supermarkets of food, the pharmacies of medicine, the factories of medical supplies, ransacked their houses and tortured neighbors and friends. There was only one problem. She was the daughter of Saud Al-Sabah, the Kuwaiti ambassador to the United States. Furthermore, it was revealed that her testimony was organized as part of the Citizens for a Free Kuwait public relations campaign, which was run by the American public relations firm Hill & Knowlton for the Kuwaiti government (fun fact, Hill & Knowlton also have extensive ties with Bill Gates). So the public was aghast at her testimony and supported the war against the mainly Soviet backed, but also American supported and Soviet backed Saddam Hussein, in his war against Iran, after the Iranians refused to Ally with American interests after the Islamic Revolution. But that was oil, this was Rare Earth Elements. There was a reason the war was called, Operation Enduring Freedom. This natural resource was far more important in the long run. You couldn't have a security surveillance apparatus without it. And what was supposed to be a war on terror was in actuality a territorial occupation for resources. Sleeping Dragon China is next, and where there's smoke, there's fire. Let's go point form for clarity. • China entered the rare earth market in the mid-1980s, at a time when the US was the major producer. But China soon caught up and became the production leader for rare earths. Its heavily state-supported strategy was aimed at dominating the global rare earth industry. • 1989 Beijing’s Tiananmen Square spring. The U.S. government suspends military sales to Beijing and freezes relations. • 1997. Clinton secures the release of Wei and Tiananmen Square protester Wang Dan. Beijing deports both dissidents to the United States. (If you don't understand these two were CIA assets working in China, you need to accept that not everything will be published. America wouldn't care about two political activists, but why would care about two intelligence operatives). • March 1996. Taiwan’s First Free Presidential Vote. • May 1999. America "accidently" bombs the Belgrade Chinese Embassy. • 2002 Price competitiveness was hard for the USA to achieve due to low to non-existent Chinese environmental standards; as a result, the US finally stopped its rare earth production. • October 2000. U.S. President Bill Clinton signs the U.S.-China Relations Act. China's take over of the market share in rare earth elements starts to increase. • October 2001. Afghanistan war Enduring Freedom started to secure rare earth elements (Haven't you ever wondered how they could mobilize and invade so quickly? The military was already prepared). • 2005. China establishes a monopoly on global production by keeping mineral prices low and then panics markets by introducing export quotas to raise prices by limiting supply. • Rare Earth Elements. Prices go into the stratosphere (for example, dysprosium prices do a bitcoin, rocketing from $118/kg to $2,262/kg between 2008 and 2011). • In a September 2005. Deputy Secretary of State Robert B. Zoellick initiates a strategic dialogue with China. This was presented as dialog to acknowledge China's emergence as a Superpower (which China probably insisted on), but it was about rare earth elements market price. • October 2006. China allows North Korea to conduct its first nuclear test, China serves as a mediator to bring Pyongyang back to the negotiating table with the USA. • September 2006. American housing prices start to fall. (At some point after this, secret negotiations must have become increasingly hostile). • March 2007. China Increases Military Spending. U.S. Vice President Dick Cheney says China’s military buildup is “not consistent” with the country’s stated goal of a “peaceful rise.” • Mid-2005 and mid-2006. China bought between $100b and $250 billion of US housing debt between mid-2005 and mid-2006. This debt was bought using the same financial instruments that caused the financial collapse. • 2006. Housing prices started to fall for the first time in decades. • Mid-2006 and mid-2007. China likely added another $390b to its reserves. "At the same time, if China stopped buying -- especially now, when the private market is clogged up -- US financial markets would really seize up." Council on Foreign Relations-2007 August • February 27, 2007. Stock markets in China and the U.S. fell by the most since 2003. Investors leave the money market and flock to Government backed Treasury Bills. I've never seen it like this before,'' said Jim Galluzzo, who began trading short-maturity Treasuries 20 years ago and now trades bills at RBS Greenwich Capital in Greenwich, Connecticut.Bills right now are trading like dot-coms.'' We had clients asking to be pulled out of money market funds and wanting to get into Treasuries,'' said Henley Smith, fixed-income manager in New York at Castleton Partners, which oversees about $150 million in bonds.People are buying T-bills because you know exactly what's in it.'' • February 13, 2008. The Economic Stimulus Act of 2008 was enacted, which included a tax rebate. The total cost of this bill was projected at $152 billion for 2008. A December 2009 study found that only about one-third of the tax rebate was spent, providing only a modest amount of stimulus. • September 2008. China Becomes Largest U.S. Foreign Creditor at 600 billion dollars. • 2010. China’s market power peaked in when it reached a market share of around 97% of all rare earth mineral production. Outside of China, there were almost no other producers left. Outside of China, the US is the second largest consumer of rare earths in the world behind Japan. About 60% of US rare earth imports are used as catalysts for petroleum refining, making it the country’s major consumer of rare earths. The US military also depends on rare earths. Many of the most advanced US weapon systems, including smart bombs, unmanned drones, cruise missiles, laser targeting, radar systems and the Joint Strike Fighter programme rely on rare earths. Against this background, the US Department of Defense (DoD) stated that “reliable access to the necessary material is a bedrock requirement for DOD” • 2010. A trade dispute arose when the Chinese government reduced its export quotas by 40% in 2010, sending the rare earths prices in the markets outside China soaring. The government argued that the quotas were necessary to protect the environment. • August 2010. China Becomes World’s Second-Largest Economy. • November 2011. U.S. Secretary of State Hillary Clinton outlines a U.S. “pivot” to Asia. Clinton’s call for “increased investment—diplomatic, economic, strategic, and otherwise—in the Asia-Pacific region” is seen as a move to counter China’s growing clout. • December 2011. U.S. President Barack Obama announces the United States and eight other nations have reached an agreement on the Trans-Pacific Partnership later announces plans to deploy 2,500 marines in Australia, prompting criticism from Beijing. • November 2012. China’s New Leadership. Xi Jinping replaces Hu Jintao as president, Communist Party general secretary, and chairman of the Central Military Commission. Xi delivers a series of speeches on the “rejuvenation” of China. • June 2013. U.S. President Barack Obama hosts Chinese President Xi Jinping for a “shirt-sleeves summit” • May 19, 2014. A U.S. court indicts five Chinese hackers, allegedly with ties to China’s People’s Liberation Army, on charges of stealing trade technology from U.S. companies. • November 12, 2014. Joint Climate Announcement. Barack Obama and Chinese President Xi Jinping issue a joint statement on climate change, pledging to reduce carbon emissions. (which very conveniently allows the quotas to fall and save pride for Xi). • 2015. China drops the export quotas because in 2014, the WTO ruled against China. • May 30, 2015 U.S. Warns China Over South China Sea. (China is trying to expand it's buffer zone to build a defense for the coming war). • January 2016. The government to abolish the one-child policy, now allowing all families to have two children. • February 9, 2017. Trump Affirms One China Policy After Raising Doubts. • April 6 – 7, 2017. Trump Hosts Xi at Mar-a-Lago. Beijing and Washington to expand trade of products and services like beef, poultry, and electronic payments, though the countries do not address more contentious trade issues including aluminum, car parts, and steel. • November 2017. President Xi meets with President Trump in another high profile summit. • March 22, 2018. Trump Tariffs Target China. The White House alleges Chinese theft of U.S. technology and intellectual property. Coming on the heels of tariffs on steel and aluminum imports, the measures target goods including clothing, shoes, and electronics and restrict some Chinese investment in the United States. • July 6, 2018 U.S.-China Trade War Escalates. • September 2018. Modifications led to the exclusion of rare earths from the final list of products and they consequently were not subject to import tariffs imposed by the US government in September 2018. • October 4, 2018. Pence Speech Signals Hard-Line Approach. He condemns what he calls growing Chinese military aggression, especially in the South China Sea, criticizes increased censorship and religious persecution by the Chinese government, and accuses China of stealing American intellectual property and interfering in U.S. elections. • December 1, 2018. Canada Arrests Huawei Executive. • March 6, 2019. Huawei Sues the United States. • March 27 2019. India and the US signed an agreement to "strengthen bilateral security and civil nuclear cooperation" including the construction of six American nuclear reactors in India • May 10, 2019. Trade War Intensifies. • August 5, 2019. U.S. Labels China a Currency Manipulator. • November 27, 2019. Trump Signs Bill Supporting Hong Kong Protesters. Chinese officials condemn the move, impose sanctions on several U.S.-based organizations, and suspend U.S. warship visits to Hong Kong. • January 15, 2020. ‘Phase One’ Trade Deal Signed. But the agreement maintains most tariffs and does not mention the Chinese government’s extensive subsidies. Days before the signing, the United States dropped its designation of China as a currency manipulator. • January 31, 2020. Tensions Soar Amid Coronavirus Pandemic. • March 18, 2020. China Expels American Journalists. The Chinese government announces it will expel at least thirteen journalists from three U.S. newspapers—the New York Times, Wall Street Journal, and Washington Post—whose press credentials are set to expire in 2020. Beijing also demands that those outlets, as well as TIME and Voice of America, share information with the government about their operations in China. The Chinese Foreign Ministry says the moves are in response to the U.S. government’s decision earlier in the year to limit the number of Chinese journalists from five state-run media outlets in the United States to 100, down from 160, and designate those outlets as foreign missions. And here we are. You may have noticed the Rare Earth Elements and the inclusion of Environmental Standards. Yes these are key to understanding the Geopolitical reality and importance of these events. There's a reason the one child policy stopped. Troop additions. I believe our current political reality started at Tiananmen square. The protests were an American sponsored attempt at regime change after the failure to convince them to leave totalitarian communism and join a greater political framework. Do I have proof? Yes. China, as far as I'm concerned, was responsible for the 2008 economic crisis. The Rare Earth Elements were an attempt to weaken the States and strengthen themselves simultaneously. This stranglehold either forced America to trade with China, or the trade was an American Trojan horse to eventually collapse their economy and cause a revolution after Tiananmen Square failed. Does my second proposal sound far fetched? Didn't the economy just shut down in response to the epidemic? Aren't both sides blaming the other? At this POINT, the epidemic seems to be overstated doesn’t it? Don't the casualties tend to the elder demographic and those already weakened by a primary disease? Exactly the kinds who wouldn't fight in a war. Does this change some of my views on the possibility of upcoming catastrophes and reasons for certain events? No. This is Chess, and there are obvious moves in chess, hidden moves in chess, but the best moves involve peices which can be utilized in different ways if the board calls for it. Is all what it seems? No. I definitely changed a few previously held beliefs prior to today, and I would caution you in advance that you will find some previously held convictions challenged. After uncovering what I did today, I would also strongly suggest reading information cautiously. This is all merely a culmination of ending the cold war, and once I have events laid out, you will see it as well. At this moment, the end analysis is a war will start in the near future. This will be mainly for a few reasons, preemptive resource control for water and crops, population reduction can be achieved since we have too many people, not enough jobs, and upcoming resource scarcity. Did you notice my omission of rare earth elements? This is because of Afghanistan. I would wager China or Russia is somehow supporting the continued resistance through Iran. But events are now accelerating with China because the western collation has already begun to build up their mines and start production. Do you remember when Trump made a "joke" about buying Greenland? Yeah. It turns out that Greenland has one of the largest rare earth mineral deposits on the planet. Take care. Be safe. Stay aware and be prepared. This message not brought to you by the Bill and Melinda Gates Foundation, Microsoft, Google, Facebook, Elon Musk, Blackrock, Vangaurd, the Rockefeller Foundation, Rand Corporation, DARPA, Rothschilds, Agenda 21, Agenda 30, and ID 2020.
Attention incoming interns! Here's a list of TIPS I WISH I KNEW starting my intern year, some things you can start working on now and some less commonly discussed but very important parts of your job
It’s that time of year and yet again I’ve seen plenty of incoming interns asking what they can do to prepare. I wrote this post to share some tips for all of the not-exactly-medical stuff I wish I knew before I started intern year and to share a few things that interns can do before they start to feel like they’re well prepared for the long white coat. As a quick background, I was a surgery intern in the first half of the 2010s and much of this is informed by my notes and memories from that time in addition to everything I’ve learned since, particularly about professionalism both in medicine and in the business world with work I’ve done in the healthcare startup arena. I’m also not perfect and very much a work in progress myself and, outside the intern-specific items here, I try to do most of these things myself—sometimes more successfully than others. So take what you think are good ideas here, leave what you don’t think would be useful, and if anyone else has anything to add, please feel free to chime in. TL;DR: Intern year is hard. Here are some not-so-commonly-disucussed tips that may help.
1. Being an effective intern is, at its core, about being responsible, effective and reliable.
Your day to day responsibilities are nearly always dominated by the need to get things done and to do so in a manner that lets your other team members focus on their own roles and responsibilities. What about learning clinical medicine? You'll learn plenty and fast. Don't worry. When reading through these tips below, view them from an angle of “would this help me develop an effective system for making sure everything gets done and nothing falls through the cracks?”
2. For your in-the-hospital life as well as your outside-the-hospital life, remember this one thing: you will forget.
You will be busy and have responsibilities in a way you likely have never experienced before. This will naturally make the day-to-day things in life more difficult than you’re used to so developing ways to outsmart your forgetful brain will pay off.
3. You are a professional now. This is your career. You’re in it.
It’s easy to view your life as a trainee as a sort of advanced student or something in between a student and a “real doctor”. But that’s not true. View yourself as a professional building your career. Your intern year is just the first step of that career. You’re a real doctor as much as any other now.
4. One of the hardest things about being an intern or resident is dealing with feelings of isolation. It will take work to actively manage and overcome those feelings.
Imposter syndrome, feeling like you don’t know what you’re doing or that you don’t belong, feeling like you’re not the person you used to be, that you don’t have time to do all the “normal” things that other people do, thinking your co-residents or attendings think you’re dumb, feeling that you don’t have time for friends/family/hobbies, ruminating on “what if I screw this up and hurt a patient?”, or “this doesn’t matter -- the patient is going to XX or YY anyway” etc are all common feelings and they all share the same undercurrent of feeling isolated in one way or another. You need to actively work to find ways to confront and overcome these feelings or else they will control you. When they control you, you’re burned out. It may not seem like it at first, but nearly every single tip below is geared towards avoiding feelings of isolation. Feeling like you’re not in control of your finances will make you feel isolated. Feeling like you’re losing a handle on your relationships will make you feel isolated. Feeling like you’re behind on your email and haven’t done all the little things in life you need to do will make you feel isolated. Read these tips through that lens.
What you can do before you start
1. Organize and update your contacts. Seriously.
Here are some ways it can help you maintain and grow your relationships.
Use the ‘Notes’ feature in your contacts for everyone important in your life and all the new people meet.
You will forget your friends’ kids names and ages. Every time you get a birth announcement or see a post on social media, go to your friend’s contact, edit the notes and put in the info. Then, when you reach out to your friends, ask about their kids...by name.
You will forget your friends’ boyfriend/girlfriend/wife/husband/partner’s name, especially if you’ve never met them or haven’t seen them for a long time. Put their name in your friends’ card with a note like “Started seeing Sam in June 2020, he/she’s a software engineer”. Someone you know gets married? Add their wedding date to their card.
You will forget how you knew people in your contacts. Met at a conference? Was a medical student on your heme onc service? Friend-of-a-friend you met at a wedding? Someone shares an interest you have? Make a note in their contact card. Tip: these notes are for you, not them. So if someone reminds you of an actor, or didn’t stop talking about bitcoin, make a note. It will help because you will forget.
Tag your contacts or add them to lists and use those tags/lists to your advantage.
Make lists or tags for your family, your medical school friends, your undergrad friends, your coresidents, your attendings, your medical students, the hospitals you’ll be working at, etc. Put those lists or tags to use like this:
You will forget to stay in touch with people important to you. Set reminders in your phone for every week / two weeks / month, etc to pull up a list (family, medical school friends, etc), pick someone on that list you haven’t chatted with in a while and text them and ask them how they’re doing. Aim to start a conversation, ask about what’s happening in their life. Texts are more personal and meaningful than liking a post on social media or sharing a meme. Initiating conversations with your friends and family will help you feel connected and will increase the likelihood they reach out to you.
Don’t label your medical students like “MS3 Laura” or “Sub-I Juan”, etc. Label them with their full name and treat them like the colleagues they are. Put them on a list, clear it out next year if you want, but don’t treat them as “MS3 XXX“ or “MS4 YYY”. I’m sure you remember feeling like a nameless/faceless medical student at times in school and I’m sure you didn’t love it. So don’t repeat that behavior. Add a note or two about them while you’re at it. Take enough interest in your medical students to treat them well. You never know when or how you’ll cross paths with them again.
If you rotate through different hospitals, you will forget which “ED” or “PACU” or “nursing station 3rd floor” numbers are which. Tag them or put them on a list. It’ll make finding them when you need them much easier.
2. Use a good note taking app and a good task manager app to help with both your in-hospital life and your outside-of-the-hospital life.
Here are some ways to use a notes app.
Make a note for each rotation you’re on. Add in any unstructured tips as they come up, like “Send all of Dr. X’s patients home with Y”, “Use the call room in the basement outside of the locker room, passcode 1234”, “Park in the X lot on the weekends”, “Dr. A likes to manage Z with Y”, “The case manager, NAME, usually sits at the computer behind the 2nd floor nurses station”, etc. Don't overthink them, just write them down when they come up. Review those notes the next time you rotate through because you will forget all those little things and they will help you in the future.
Create a master grocery list of all things you typically get at the grocery store. Share it with a roommate/partner so they can keep it updated too. That way if you ever stop to pick something up, you can review the list to make sure there’s nothing you’ll forget.
Make master lists for other things in your life too like “packing for a conference”, “packing for a family trip”, “Target/Wal-Mart household master list” so you can quickly review anytime something comes up so you minimize the chance of forgetting something
Make notes for all of the other stuff you have to manage in your life like your car, your apartment/house, your loans, etc and update them every time you work on that thing. Change your loan repayment? Add it to the note. Have to get your brakes fixed? Add to the note where you got it done, how much it cost, etc. Talk to your landlord about fixing the shower? Add it to the note. Have to call the medical board to sort something out with a license? Add it to the note.
I like two note apps on iOS: Bear for personal notes since it’s fast and has great tagging and Apple’s Notes app for shared notes
Pick a good task manager app and use it for all the things in your life that aren’t your day-to-day work
Cousin getting married and you can go to the wedding? Make tasks to ensure your time off, book your travel, buy a gift, rent a hotel room, etc. Then put all the relevant info into your note because...you will forget.
Pandemic is over and you get to present a poster at a conference? Make tasks to review your draft with your coauthors, print your poster, book your travel, submit your reimbursement, etc. Then put all the relevant info into a note. Otherwise, you’ll forget.
I like Things and have also liked OmniFocus. There is a ton of content on how to set one of these things up for productivity so review it and use it YouTube search
3. Take charge of your finances
When I was an intern, I figured all I had to do was pay my loans and not go into more debt. I wish I had done the following instead:
Read these two books: The White Coat Investor and I Will Teach You To Be Rich. Both are very good and have different strengths. The WCI is directly applicable to you and will help educate you in ways medical school didn’t about your financial future. IWTYTBR is much more of a “millennial” book but it’s very good for explaining big concepts and for providing a system to set yourself up for success. They’re both easy and relatively quick reads and don’t require any financial background. WCI is fine as an e-book but IWTY has a bunch of dialog boxes that make the e-book a poor experience, get a physical new or used copy.
Set up a budget. I use and swear by You Need A Budget. It’s the best money I spend every year. Their system is easy and straightforward and it doesn’t take long to get the hang of it. I can’t recommend it highly enough.
4. Update your CV now and keep it updated regularly
You will no doubt have to share your CV with someone at some point whether it’s for fellowship or a research project or any number of things. The time to work on it is not when someone says “can you share your CV?” -- that’s a recipe for omissions, typos and mistakes. The only thing you should be doing every time you share your CV is giving it a quick once-over to make sure you don’t spot any mistakes and to make sure it’s up to date There are plenty of templates online and your training institution may even have a preferred format somewhere on their website. Your ERAS application will give you a good head start but most of your medical school CV lines will either be condensed or removed all together unless something was particularly notable. You can almost always find example CVs online from senior people in your department or institution with a quick web search -- use a few as a guide Set a reminder / task to update your CV at regular intervals. Quarterly is good, yearly at least. Save new versions of it each time so you can refer to the old ones if you need to and name them in a way to let you know you’re always sharing the most recent version, e.g., LASTNAME_FIRST NAME_CV_2020-06. You will forget if the one marked “CV” only is the right one you want to share.
5. Subscribe to a couple of newsletters to stay up to date with the world outside of your hospital
For general news, your preferred newspaper probably has a daily email briefing. Otherwise, Axios AM/PM and Politico’s Playbook are both very good quick reads to stay up to date with current events.
Keep up with healthcare news so you know what’s going on in the healthcare system broadly
Politico’s Pulse and Morning eHealth are both very good and have quick facts at the beginning if you just want to skim
Rock Health’s Rock Weekly is a decent summary of each week in the healthcare startup and technology world
Pick a few of these and aim to get through them each day. If you can’t get through them, unsubscribe to the ones you think are least relevant to you so you never feel “behind” in staying up with the news. You can breeze through the few you pick in a few minutes here and there throughout the day -- don’t make it any harder than that to feel like you’re “up to date” on the news.
General tips for maintaining relationships
For any romantic relationship, do these things if you don’t already:
1. Make a rule: no phones at the table. * Don’t put your phone on the table face-up. Don’t put your phone on the table face-down. Keep your phone off the table and set to silent. * Focus on the person in front of you and show them you care about them by paying attention to them. We all know what it feels like to be with someone more interested in their screen than in interacting with you. If you’re on call, say “sorry, I’m on call, I may have to check something here and there”, apologize if you do check it and then put your phone away. 2. Make another rule: no phones in bed * Same principle as at the table. Want to feel like two strangers just passing through life who just so happen to share the same bed? Wake up, reach for your phone and scroll through your feeds like a zombie before getting out of bed. Same idea before bed. Your phone can wait. 3. If you’re at the point where you share finances, set a regular meeting to review how you’re doing. * Ideally, this is a “red, yellow or green” meeting and should only take a few minutes. Money can be a big conflict issue for relationships and avoiding talking about money is a surefire way to eventually turn to conflict. If you have a budget and shared goals, this should be quick. * A monthly check-in is good. Create a recurring calendar event, attach the shared notes or spreadsheet document you use, add your goals for the meeting and honor the meeting when it comes around.
Eat with people who are important to you, if you can.
There’s something about sharing a meal that’s special in human nature. Friends who are important to you? Partners? Mentors you’re looking to get to know better after you’ve had a few chats? Try to eat with them when you can. And keep your phone off the table.
The same idea works with your coresidents and teams in the hospital. Eat with them if you can. Eating with others builds, strengthens and maintains relationships. Keep your phone off the table if you can.
Think about it this way: who would you consider a better mentor, the person you’ve met with a few times in their office where they sit behind their desk and you in front of them while they glance at their computer screen every time it pings or the person who’s invited you to get coffee or food and they kept their phone away the whole time? Now turn that around and realize the power of the message you can send to people you care about by trying to eat with them and show them they have your full attention.
1. Learn to think about tasks as a continuum from start to finish instead of as a binary 'done/not done'.
Let’s say you have to order a CT for a patient of yours.
Instead of marking the task as complete the second you place the order for the CT, recognize that the whole task is not just placing the order, but also knowing when your patient is going down to the scanner, when they’re back, when the CT is up in the system, when the report is up and also that you’ve looked at the CT yourself and have read the report.
When your senior or attending asks you, “Did patient X get their CT?”, a not-so-great answer is “Yes” or “No”. A better answer is “they’re down at the scanner now” or “the scan’s done but it hasn’t been read yet. Want to look at it?” or “Yes, it’s negative for XXX but did show YYY”.
Whatever system you eventually adopt for your day-to-day task management in the hospital, whether it’s a list or index cards or a printed signout sheet, make sure you’re tracking both when orders go in, when they’re complete, when they’re cancelled, etc. Just marking things as complete once you place the order isn’t enough.
2. Signout is taken, not given.
What I mean by this is that when you take signout, that means you’re accepting responsibility for those patients. They might be your patients, you might be cross-covering, it doesn’t matter. What matters is that when those patients are your responsibility, it’s your responsibility to get what you need to know to take care of them. Is someone signing out to you in a hurry and not giving you what you need? Ask them for that relevant past medical history, those exam findings, and so on. It’s not enough for the person handing off to say “we’re worried about x or y”, you’ve got to follow that up with “in case of x or y, is there a plan for what the team wants me to do?”. Get the answers you need. A lot of covering patients on call is playing defense whereas the primary team generally plays offense. But that doesn’t mean you can play defense in isolation. The last thing you want is for the primary team to feel surprised by your choices.
* Here’s two ways for the above example to go when turning the patients you were covering back over the next day or whatever: 1. You: “For patient so-and-so, you said you were worried about x or y. Y happened.” Them: “What did you do?”. You: “Z”. Them: “Shit, my attending’s not gonna like that”. 2. You “Y happened so I did A like you said, it went fine and here’s the current status”. Them: “Great, thanks” * See the difference?
Along the lines of taking responsibility for those patients, that means that if you couldn’t get the information you needed at signout then you have to go and see those patients and get the information you need yourself.
You’ll hear this idea said a bunch of different ways like “trust but verify”, “trust no one” and your comfort level will change over the year as you become more confident and comfortable. But always error on the side of going to see the patient and getting your own information at the start.
3. If you will be miserable without something when you’re in the hospital, bring it with you. You won’t reliably be able to find it at the hospital every time you need it.
Need coffee otherwise you turn into a demon? Bring it with you. You never know when you’ll get caught doing something and won’t be able to run to the cafeteria for your fix.
On call overnight and know you need food so you don’t go insane? Bring it with you. Here’s a hospital food rule: never rely on the hospital's ability to feed you. The hospital will let you down sooner or later, I guarantee it.
Know you always get cold on call? The day you forget your jacket/sweatshirt is the day you won’t be able to find a spare blanket in the hospital to save your life. Put a backup in your locker (if your hospital respects you enough to give you one).
Miscellaneous productivity, professionalism and lifestyle tips
1. Aim to “touch” everything only once
Example: your physical mail. You know, the stuff made of dead trees that accumulates in that box you check every once in a while. For every piece of mail you get, you should either trash it, file it, or act on it. Don’t touch it until you’re ready to do one of those things.
Example: your email. Either delete it, archive it, reply to it or do the thing it’s telling you to do right away. Don’t fall into the trap of using your inbox as a to-do list -- that’s a recipe to get burned. Use a task manager for your to-do list and aim to keep your inbox at zero. Realize that email’s true power is communication and use it as a communication tool and nothing else.
I’ll use the example of going to a wedding again as something to “touch once”. Aim to accomplish all the tasks at once or at least create tasks and reminders to complete those tasks all in one go. Respond to