Oddbean new post about login | logout You have to be willing to fail first before you do anything. Before I bought bitcoin I risked losing everything I invested, failing publicly and having everyone mock me as the internet money nerd. I accepted that outcome. I said if it comes then I am ready for it. You have to risk scorn and humiliation to do anything meaningful. That’s why so few do anything meaningful. They have the potential, but they’re scared.
The people who make fun of you today may not be a part of your life in ten years. Let them ridicule us for our passion for the magic internet money!
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All very true Hodl. The biggest fear I had when starting my business was risking a portion of the Btc I had acquired, and not gaining that Btc back. Fortunately, the Nostr community has been very welcoming. Proving that the V4V model works. Glad to be a part of it.
I think you would enjoy the book 'How to get Rich' by Felix Dennis. Cheesy title, but great read. He makes the exact point you made - most ppl are afraid of embarrassment from failure.
Interesting. So do people fear more the potential of being made fun of by friends/family than the risk of losing money? Or is it equal? I guess if you have to consider both of them then it does become more difficult.
Fun fact: I never invested in anything successfully until my 30s when I joined a penny stock trading group in my office. It was the summer of 2013 and it was my turn to pick the next stocks to buy. I was reading an article about how marijuana was about to become legal in Colorado and Washington at the beginning of 2014 and I randomly picked two companies in the weed business and we all dropped a few hundred bucks on them. It was more or less all I had in my bank account but I had a crazy feeling this would work. As the year came to an end the investments went up by about 10x and my instincts told me to sell. Glad I did, because soon after the new year they both crashed hard, because the companies were actually worthless. My coworkers were thrilled, and they asked me to pick the next one. By that point I had learned about bitcoin, so I took the profits and bought my first sats. At basically the top. Over the next year, I watched it dwindle, until I was down close to 80%. Most of my officemates who bought the top with me sold, and a few of them laughed at me because I kept buying. They’re not laughing now, though.
King, you are exactly correct! Life is a test and its never going to be easy In fact, whenever we find ourselves doing anything at all that is ‘easy’, we should immediately question it Anything worth doing in life is DIFFICULT. #bitcoin embodies this simple idea and gifts us the hardest money ever known to humanity Get up and go hard! Life is beautiful!