One of the alternatives to shares and real estate could be soon what they call PoS crypto, also known for the long name of Proof of Stake coins. These coins need to be staked in a fully updated wallet, in order to keep the last version of the block-chain. In exchange, they receive stakes of the named coin (the ROI varies between 4-10% normally). Anyway, not all of them are equal, and some offer the same coin (Neblio for example), while other are offering a different coin, like shares are offering dividends (NEO offering GAS).
One of those freshly discovered coins is called Neblio (NEBL), and it is offering a 10% interest for staking annually. This coin was 0.2$ in September, and now it is 12-13%, with a good potential to grow a bit more. What is the concept behind this cryptocurrency? Blockchain’s unique distributed ledger technology is what makes the Neblio Network possible. This decentralized system of securely storing transactions is the future of database technology for global networks. Enterprise applications taking advantage of this technology gain numerous benefits over those using traditional database architectures including transaction immutability, transparency, security, reliability, and decentralization. Despite the maturity of blockchain networks, few applications have taken advantage of the technology due to the difficulty, and cost of integration and maintenance. Unlike legacy blockchain networks, next-generation blockchain networks such as Neblio will fill the huge gap in the enterprise market to simplify the development and deployment of distributed applications that drive business value through blockchain technology.
So, in order to receive 1 coin per day, you need to stake 365x365 coins (estimate value 43k $). This is a gamble, but if the price will go to the perceived value (60$), then you can receive on average 1800$ monthly, doubling your investment in less than 2 years from staking, with a total value of approx. 8 millions.
Of course, this coin was used just as an example for Proof of Stake, and i am not involved in any way in this coin promotion. You should always invest your money based on your own research.
Added bonus: to study the greatest traders of the present, find the book "Market Wizards" by Jack D. Schwager.
This website is about very early retirement and financial freedom, with a pinch of stoic minimalism and just the right amount of frugality. I started this journey in December 2014. You can join me and see when i will reach my goal. you can learn from my mistakes or give me the tips and tricks. Good luck and good journey.
Showing posts with label books. Show all posts
Showing posts with label books. Show all posts
Thursday, 8 March 2018
Wednesday, 20 January 2016
Working on self-control
Trying to retire very early, or to achieve financial freedom, you will often hear references to stoics, Seneca, self control and other stuff related to this.
How to resist temptation, how to get that elusive self control that will help me to reach my goals faster than i am thinking?
You want to find out? Let's start together on this journey. First i will underline the importance of intrinsic motivation versus extrinsic motivation. If you rely on some external help, the probability to fail is higher. After this, you will need to act, to plan and stick to your plan, day by day, even if the results are not there at the beginning. To withstand to some emotional discomfort now for greater rewards later.
Adopt a set of exercises and routines to gain self control. Sleep is the most important, i would say. Set a sleeping schedule and follow it. You can also use the habit of making the bed right after you wake up. For more about making the bed habit research just google search. You will be surprised when you will read the benefits. Learn how to meditate. A lot of successful people said to me that meditation helped them to grow. Find a kind of meditation that you enjoy, and do it daily. No need to do it for hours, even 15 minutes after you wake up or before to go to sleep will give you tremendous advantage. Or maybe you are the experimental type. If meditation is not something you enjoy, try lucid dreaming as a hobby. Plan your life. Plan your month. Do not plan your day. Some researchers find that is more effective to have directions of action instead of to do lists. You can experiment here to see what work better for you. If you have some gigantic task, change it in 100 smaller ones. If you read 20 pages daily, you will still read around 30 books per year. If you write 50 pages every day, you can write a 500 pages book every 10 days. Right? Books are important, the real ones, where you can feel the pages. They have an important role in creating new inter-neuronal path and bla bla bla, giving you an edge versus Kindle like. Is about your senses, seeing versus seeing, tactile sensation, smell and so. Real books make you smarter. There is a research about this too.
Take care of yourself. Train your body to be in shape, Check what you eat, Cut extra-refined stuff, white sugar (did you tried honey, agave or maple syrup?), too much salt, heavy, fatty meat or whatever is creating you problems. Cold showers for a change, or fasting for 1-2-3 days, in order to surpass yourself and change your perspectives. You can gain a boosted immunity and more as a result.
This is a mere suggestion, you can find your own way to improve yourself and to control your excesses. I will appreciate if you can write me about your ways of doing this. Any help is well received.
Good luck and see you soon.
G.
How to resist temptation, how to get that elusive self control that will help me to reach my goals faster than i am thinking?
You want to find out? Let's start together on this journey. First i will underline the importance of intrinsic motivation versus extrinsic motivation. If you rely on some external help, the probability to fail is higher. After this, you will need to act, to plan and stick to your plan, day by day, even if the results are not there at the beginning. To withstand to some emotional discomfort now for greater rewards later.
Adopt a set of exercises and routines to gain self control. Sleep is the most important, i would say. Set a sleeping schedule and follow it. You can also use the habit of making the bed right after you wake up. For more about making the bed habit research just google search. You will be surprised when you will read the benefits. Learn how to meditate. A lot of successful people said to me that meditation helped them to grow. Find a kind of meditation that you enjoy, and do it daily. No need to do it for hours, even 15 minutes after you wake up or before to go to sleep will give you tremendous advantage. Or maybe you are the experimental type. If meditation is not something you enjoy, try lucid dreaming as a hobby. Plan your life. Plan your month. Do not plan your day. Some researchers find that is more effective to have directions of action instead of to do lists. You can experiment here to see what work better for you. If you have some gigantic task, change it in 100 smaller ones. If you read 20 pages daily, you will still read around 30 books per year. If you write 50 pages every day, you can write a 500 pages book every 10 days. Right? Books are important, the real ones, where you can feel the pages. They have an important role in creating new inter-neuronal path and bla bla bla, giving you an edge versus Kindle like. Is about your senses, seeing versus seeing, tactile sensation, smell and so. Real books make you smarter. There is a research about this too.
Take care of yourself. Train your body to be in shape, Check what you eat, Cut extra-refined stuff, white sugar (did you tried honey, agave or maple syrup?), too much salt, heavy, fatty meat or whatever is creating you problems. Cold showers for a change, or fasting for 1-2-3 days, in order to surpass yourself and change your perspectives. You can gain a boosted immunity and more as a result.
This is a mere suggestion, you can find your own way to improve yourself and to control your excesses. I will appreciate if you can write me about your ways of doing this. Any help is well received.
Good luck and see you soon.
G.
Saturday, 16 January 2016
Side hustle for teenagers
...and not only. Doing reviews for music, books, games. If you want to receive all the new hits, books or games, you can do that. You can use websites like Slicethepie, and make some extra cash enjoying latest trends. I must to admit that i do this at work, on night shift break, when i do not want to spend time on Facebook.
Good luck!
G.
* The website mentioned is a referral link.
Good luck!
G.
* The website mentioned is a referral link.
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