Itsprofitable

Crypto #itsprofitable and there's enough success for everyone. Mining, staking, investing everything profitable in the crypto space. #freedomsthegoal

[itsprofitable-blog]

What is helpful and what's not. The crypto space is such a strange place to hang out in social media. My itsprofitable is mostly following crypto accounts and it can get really out there. I actually really like that about the space, as a lot of the people in that area think very freely. What has not been helpful is looking at information put out by anyone with a crypto project as their handle. The information they post is ridiculously biased and mostly pushes the same narrative over and over again. It's been extremely helpful to avoid these accounts and try and get involved in open conversations. Cryptocurrency is still the wild west and it'll only be a very small few that survive. A lot of projects are running out of money as running a tech business is expensive and without any sales or fresh capital it can all be over pretty quickly. #cryptocurrency #investing #Bitcoin #profit #profitable #business #crypto (at Australia) https://www.instagram.com/p/B2Jb5IVhQE3/?igshid=riq522ohozqs

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Just made a new virtual mate from a Go daddy customer service call, chatted for about 40 minutes. Got disconnected and James called right back to contine the conversation, awesome fella. Wishing you success James. People all over the world working towards a similar goal. Setting up themselves and their family for a better life. Really enjoyed chatting to James. Started with hosting chat and ended up discussing business, investments and goals. Talked about the trap of thinking way more than actually doing. I have trapped myself many a time thinking and planning and not actually doing anything. That one change has helped me so much. Instead of thinking and adding to a list of planning, I started adding to a list of things I have actually done. Make a new video on LED Downlights ✅ put up a dribbling post in IG✅ Write a new post for the website ✅ Constantly planning, learning and thinking without any doing didn't work. What worked was doing the reverse. Good luck and thanks again James for the chat. Send this to your boss you deserve a pay rise, best conversation I have had all week. #business #investinginyourself #investing #startup #newbusinessidea (at Australian Capital Territory) https://www.instagram.com/p/B1c23btnf2b/?igshid=1o2pnxratg9sr

[itsprofitable-blog]

The absolute biggest trap for entrepreneurs and start ups are other entrepreneurs and start ups. I get constantly targeted on all platforms selling me services on 'how to increase sales' 'start making 6 figures online' 'get on page one of Google with these SEO tips' 'start selling on Amazon for that laptop lifestyle' It's not what they are saying it's what they are not saying that is important. Selling to entrepreneurs is an extremely profitable business. It works so well because there are so many people looking to buy. I think it stems from bad habits. Not wanting to experiment with ideas and failing but looking to be taught. If everyone is doing the same courses no one is doing anything different. What you learn from doing is extremely powerful and you might just find a better way of doing something.... You then can turn that into a course and sell back to those sucker entrepreneurs like me. I have never seen a course where they say "Hi fellow entrepreneur, you know starting a business is extremely hard and there is a good chance your first idea will fail. That's ok because I'm going to tech you how to experiment with different ideas and spend as little amount of money as possible until you find something that works. Trial and error eventually will lead to a big pay off. You will have to live lean and actually start doing something not just thinking about it." Who wants to hear that! When I could say... You over getting up early to do a crap job you don't like and then sitting in traffic everyday while others are making 6 figures and traveling the world. Here is my custom guaranteed step by step guide to building a 6 figure business from home. (Add count down timer) was $980 now just $249 if you buy today you get my free ebook etc etc. What sells better? Instant gratification or delayed path full of failure with the possibility of tremendous gratification? The truth is it needs to sound good for it to sell. No one likes the long difficult path. The thing with starting anything is it's a very complicated problem but requires a pretty simple solution. Actually do something over and over again. #entrepreneur #business #startup #itsprofitable (at Australia) https://www.instagram.com/p/B1NR0AnHOIs/?igshid=lqj4g9xlc1m9

[itsprofitable-blog]

Here is another one "You will never know for sure if someone is an asshole until he becomes rich" by NNT, from The Bed of Procrustes One more. "I wonder how many people would seek excessive wealth if it did not carry a measure of status with it" These two tie in together a little. Makes you question what it is you really want. Is it status or freedom. Or something else? For myself I am in pursuit of more freedom. Slowly gaining more time to be able to experiment with more and more ideas. The busier I am the less free I become. The harder I work in some areas the more trapped I am in others. I am only now becoming aware that more gets done by doing less. What is really important is that when you find an opportunity you must do not just talk. There is a big difference from talking about doing and actually doing. It seems easy to be busy doing work for others easy to say yes, working back and doing overtime. Easier again to talk about doing things for ourselves. Difficult to do things for ourselves without the talk. When we talk about all the things we want to do... it kind of feels like we have done something, when all that's happened is talk. I do this and it's addictive. (at Australia) https://www.instagram.com/p/B0uoIyPnqG1/?igshid=hhz4rkzd7p28

[itsprofitable-blog]

"Fortune punishes the greedy by making him poor and the very greedy by making him rich" from The Bed of Procrustes by NNT (Nassim Nicholas Teleb) It's a book full of Aphorisms. I find myself going over some of them three to four times(some even more). I have to go back to some as they speak so much truth I find I almost forget them in a few minutes. Strange book. I've never read anything like it. "What fools call "wasting time" is most often the best investment" NNT ^ Sit on this and ask why is it true? Here is another one. "You want to avoid being disliked without being envied or admired" NNT If you know any good Aphorisms send them through. I love this way of thinking. (at Australia) https://www.instagram.com/p/B0ulF5wHH7J/?igshid=znnh5i187slf

[itsprofitable-blog]

Personal overvaluing is dangerous. Physiologists call this the endowment effect. It occurs as soon as you buy or own something. A study by Daniel Kahneman showed how the endowment affect can take place within minutes. A group was split up randomly and half given a block of chocolate and the other half given a mug. After each side got to sit with their item they began to value theirs greater than the others. When asked if anyone wanted to swap they declined as they saw what the others had as less valuable. When asked to sell the mug they would only part with it for $8 plus when someone else who didn't have a mug was asked how much they would buy it for the price 1 to 2 dollars was around what it was worth. How easily we are effected by over valuing what we own can cause a lot of problems in decision making. I'll talk more about this topic more. I would really question following this page @itsprofitable. Or... any of my stuff. (1) For one, Im finding I don't agree with a lot of the rubbishI have said in the past. I also don't script or edit any posts which means they end up being 95% dribble. (2) I talk about cryptocurrency, running my small business and dribble way too much about both and life. Especially where I have reviewed all the areas I have messed up. (3) I have no idea what I'm doing and the more I learn the more this is being confirmed. There is a flip side to this awareness. (4) I'm also trying to drink my own medicine as being vulnerable is extremely profitable, over time. (5) Delayed gratification over get rich quick, that's not exciting (or easy to sell) and probably comes across as bad news. (6) I spend way more time on this account that makes zero profit over my actual business which is just flat out irrational. Not really worth the follow. This is more of an experiment than anything else. #thanks (at Australia) https://www.instagram.com/p/B0kp_XIHkKN/?igshid=odu2bsj1a223

[itsprofitable-blog]

Cryptocurrency what's news and what's noise. What's helpful and what's not? What information is good to follow and what is a waste of time? It's difficult to know. What have you seen that's news worthy? I would really question following this page @itsprofitable. Or... any of my stuff. (1) For one, Im finding I don't agree with a lot of the rubbishI have said in the past. I also don't script or edit any posts which means they end up being 95% dribble. (2) I talk about cryptocurrency, running my small business and dribble way too much about both and life. Especially where I have reviewed all the areas I have messed up. (3) I have no idea what I'm doing and the more I learn the more this is being confirmed. There is a flip side to this awareness. (4) I'm also trying to drink my own medicine as being vulnerable is extremely profitable, over time. (5) Delayed gratification over get rich quick, that's not exciting (or easy to sell) and probably comes across as bad news. (6) I spend way more time on this account that makes zero profit over my actual business which is just flat out irrational. Not really worth the follow. This is more of an experiment than anything else. #thanks https://www.instagram.com/p/B0kn28mnkE7/?igshid=p2exbrp2jayt

[itsprofitable-blog]

The Scams are pumping faster that BTC. Get ready to see a whole lot more paid advertising for trading courses, paid groups, signal channels and the rest. Getting a call right in a bull market is easy. Especially when its pumping... and you post the call after the pump. Eyes open. Remember it's all noise. There are extremely successful get rich quick models and they all work by getting rich off you. Watched a hour long pitch (I know but research) that essentially said. "Buy our course and we'll teach you how to make money on the way up and on the way down" "you can't lose. I haven't lost a trade in 4 months (flashes wads of cash)" "it's called margin trading. Goes on and on... over 10x and 100x trades and how you only need a 100 bucks to make a million. Remember. When you trade with leverage it's borrowed money and with the smallest movement (with high leverage) in the other direction will liquidate you. That type of trading is full time and not after school. Oh, and the course was only one small payment of $1400 bucks "you can start trading with $10 because of leverage" They were making money all right and it wasn't from trading. Like always trade safe🔒🔑 Not your keys not your crypto. Move your funds onto a hardware wallet. #freedomsthegoal invest in yourself. #itsprofitable #cryptocurrency #blockchain Be good to your #doge Experiment with business, trial and error is your friend. Make cheap mistakes and failure turns into a learning machine. Eventually you will try something that will have an exponential pay off that you can double down on. Avoid getting stuck on one idea that isn't showing results, take it as a sunk cost and move on. Time. Time is better spent experimenting as the results are unknown and that's the most exciting part. (at Melbourne, Victoria, Australia) https://www.instagram.com/p/BzXrwhBHx--/?igshid=fy8do2ridu4b

[itsprofitable-blog]

When you buy you are buying from a real person selling to you. Both have made a decision. One has put up a sell order and the other has decided to buy. One person in that trade is making a mistake. IS IT YOU. Thinking that before every decision is going to greatly help you. It's helped me and not only in this market but also in my business. Every decision we make is a gamble. Hindsight tells us other wise but it is. When you think of taking a short cut to a location there is a chance of an unforseen event making that route slower. A crash, road works, insert other idea here. If it's faster you confirm to yourself that it was the right decision smart idea. If you are wrong and it was slower instantly you will formulate a story of why. Maybe everyone was thinking the same thing?. No one knows what will or will not happen. There will be noise and lots of it you have control of how it effects you. You also are extremely intelligent and can overtime learn why you made the mistake. It requires going over bad decisions and that's what will separate you from others. Read your own bad new now matter how hard it can be. It'll bring awareness to how easy you are effected by over confidence, loss aversion, the endowment effect, price anchoring, commitment and consistency, liking bias, regret, desperation. Alone they effect us bit it gets really crazy when you have all these subconscious tendencies stacking on top of each other influencing you to do something you wouldn't have normally have done. I hope that awareness helps in some way.📈🙏📉 Like always trade safe🔒🔑 Not your keys not your crypto. Move your funds onto a hardware wallet. #freedomsthegoal invest in yourself. #itsprofitable #cryptocurrency #blockchain Be good to your #doge Experiment with business, trial and error is your friend. Make cheap mistakes and failure turns into a learning machine. Eventually you will try something that will have an exponential pay off that you can double down on. Avoid getting stuck on one idea that isn't showing results, take it as a sunk cost and move on. Time. Time is better spent experimenting as the results are unknown and that's the most exciting part. (at San Francisco, California) https://www.instagram.com/p/BzOyf8MHiU8/?igshid=c7mterzftsm

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Here is our official entry for #jimslogocomp Jim's Cryptocurrency! We will be releasing 21 million JimCoins into the cryptocurrency space. Each JimCoin is divisible up to 6 decimal places. One JimCoin is broken up into JimBits and currently its roughly 1000 Jimbits for a cup of coffee. Later you'll be able to trade your JimCoins for local services. So hold onto those JimCoins as there is definitely not a chance that they will be more popular than Bitcoin in the future. (This post is a stitch up, we haven't actually made JimCoins.....Yet) I also did an interview with Jim and haven't released it yet as I absolutely butchered it and need to do some serious editing. So many things I would have done differently. Jim was very patient with my constant interruptions and dribbling. There you go. Jims Cryptocurrency don't store ya JimCoins on a exchange. @thejimpenman (at Canberra, Australian Capital Territory) https://www.instagram.com/p/BzKZgIZnH3K/?igshid=1hzl2i4ffryfi

[itsprofitable-blog]

We broke 10k. There has never been a market like this before. It moves so quickly both up and down. The money that flows in and out of these markets is unreal to watch. This is when you need to be careful. Its now that news starts to be used as pump fuel. The strange thing is we seem to connect price with the success of a project. A project with a dropping price is dead no volume, why would you buy that? People bought while it was bargain basement cheap and with enough incentives will sell to others who see a pumping project as confirmation it's a success. Price movement on random news doesn't confirm anything only the one in your head. If you are buying into green or worse pumping green you are buying someone else's bags. One of you is making a mistake. One of you is paying too much. One person is a fool. Is the fool the one who bought when no one could sell? Or is the fool the one who bought when no one can buy? Don't be fooled you worked too hard for your money. Invest wisely and avoid being pulled into investing once it's pumping. If you hadn't invested when no one was buying you may be the fool buying the top. Happens over and over again. Like always trade safe🔒🔑 Not your keys not your crypto. Move your funds onto a hardware wallet. I use a nano ledger. #freedomsthegoal invest in yourself. #itsprofitable #cryptocurrency #blockchain Be good to your #doge Experiment with business, trial and error is your friend. Make cheap mistakes and failure turns into a learning machine. Eventually you will try something that will have an exponential pay off that you can double down on. Avoid getting stuck on one idea that isn't showing results, take it as a sunk cost and move on. Time. Time is better spent experimenting as the results are unknown and that's the most exciting part. (at Hong Kong) https://www.instagram.com/p/By_fxDWHWog/?igshid=12et2gm4rec8t

[itsprofitable-blog]

"This doesn't excite me" haha, man, the more you avoid watching mainstream news the worse it looks when you do get a glimpse. You start to see it's a dying space that will be replaced with individual journalists actually producing stories. In other news Facebook's new project is actually pretty interesting. It has some serious legs that after hindsight will be extremely obvious. So many projects have already failed before them. Most have burned through their investment funding and haven't been able to get more backing. They are all struggling with a similar problem. They don't have a working platform (so are spending millions building it) and don't have users (so are spending millions on marketing it) Facebook owns egg producing chickens and when this goes mainstream the hindsight bomb is going to be big. After the fact it always makes perfect sense. I found it interesting that they are waiting 5 years until the move to a new form of consensus. They mention a proof of stake type of structure in their whitepaper. They also allude to the fact they haven't been sold on the perfect solution hence the 5 year delay. Looks like they are just going to sit back and let others do the testing until they find a secure enough solution. Being first is not always the best and Facebook knows this extremely well from the MySpace debacle. They want to make sure whatever consensus system they implement that it's reliable and secure. There are so may crazy scenarios that could play out if Facebook actually pulls this off and turns into Facebank a 24 hour bank on your smartphone. Just one scenario - let's say some news comes out in (insert country here) that the government has messed up and it comes to light it's struggling worse than what was general knowledge. Your best mate messages you and says he just exchanged his saveings to Libra just in case the dollar dumps and recommends I do the same. I can instantly because I have the app, account and already been using Libra. I exchange the max amount I can and then message my parents and friends to do the same. Very quickly u have a wave of social proof of people who unable before can now try and save their savings (at San Francisco, California) https://www.instagram.com/p/By6VkK6HTYs/?igshid=di98znkcp8wl

[itsprofitable-blog]

Here is something that you could specialise in doing. Go around and update old switchboards. This old house is run off one power circuit. One 15A fuse, if you use the toaster with a heater it'll blow. There are so many old house's that need maintenance and this is just one of 100 things you could specialise in. It's probably the same wherever you live. The opportunities are out there especially in the service industry. #itsprofitable https://www.instagram.com/p/ByHV12HHanO/?igshid=hbvx5bxi822p

[itsprofitable-blog]

Just uploaded a profitable live at lunch chat. There is so much noise in the crypto space. What to post about and what to avoid? Its a difficult question. Posting too much about projects I don't think is helping for many different reasons. Posting too mucg about certain crypto topics is probably just as bad. I'll probably just keep winging it and see what happen🤷‍♂️ https://www.instagram.com/p/BxtZDGRnohJ/?igshid=1j8j2hnl76fm2

[itsprofitable-blog]

This just keeps getting better and better. There is a $BCC Instagram account that someone is actually using. I have officially been trapped into wanting to know if this is another scam or an elaborate marketing campaign. I really hope it's the former. If anyone has any info on this dribble it to me. Can you remember the first bitconnect project and what was happening at the time? Everything is different with hindsight but think back to what people were doing and saying about the project and how you felt about it. Remember they locked up your BTC and you couldn't withdraw it 😳 at the time people were OK with this. Now... No chance. You can learn so much when you go back and quickly review your decisions especially your mistakes. We tend to want to blank them from memory but it's more helpful to go over them and point out exactly where you f'ed up. Extremely powerful exercise to do with everything especially business ideas all the way to relationships 😂 I'll try and post how I break down my mistakes so you can see one way of doing it. Good luck with anything you are working on. Freedoms the goal along with trying cheap ideas as you literally have nothing to lose and everything to gain. If you want to bounce around ideas send me a message I love dribbling about business. https://www.instagram.com/p/Bxs0RM0nMnE/?igshid=1qefd6q2bo9lx

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If you missed out on being scammed by $BCC the first time round don't stress. With BCC volume 2 you get all the same guarantees with exactly the same results. It's simple you invest your money and make more money back. Sounds too good to be true🤔 well in most cases you would be 100% right but just because BCC volume 1 was a complete scam doesn't mean BBC 2 is.... Ffs how is this even possible🙃 This space is so crazy, it's starting to turn into a space where scammers don't have to really try anymore. Just open up an old scam.. Don't change the logo or anything just call it new and improved. Stay safe out there and do your best to avoid being scammed. Like always trade safe🔒🔑 Not your keys not your crypto. #freedomsthegoal invest in yourself. #itsprofitable #cryptocurrency #blockchain Be good to your #doge Experiment with business, trial and error is your friend. Being scared of failure prevents you from ever having a go. Do it on the cheap though, don't waste your hard earned savings on an experiment. https://www.instagram.com/p/Bxo4LnFnzv1/?igshid=3309p9wwfyeo

[itsprofitable-blog]

$BTC briefly punched over 8k. Perfect time for a profitable chat about loss aversion. Being aware of loss aversion and knowing that the pain of losing is 2 to 5 times stronger than the joy of gains is important. It's important because knowing how to avoid that human misjudgement can prevent you from making a foolish mistake. Making a quick gain selling then for the price to run on... Making it feel like you have lost. You haven't you made a gain!!! But it doesn't feel like that and it can cause people to buy back in, into higher prices that at anytime could be the top. Know that the pain you feel when losing something you gained is loss aversion and know that it can fool you into doing something foolish. Take a breath and pause when you feel your emotions taking over. Question them. Is this fomo, is this loss aversionam I fooling myself. Invest some time into learning about the psychology of human misjudgements. Charlie munger has a great speech he did in 1995 on 25 of these. Definitely worth a google. Like always trade safe🔒🔑 Not your keys not your crypto. #freedomsthegoal invest in yourself. #itsprofitable #cryptocurrency #blockchain Be good to your #doge Experiment with business trial and error is your friend. My biggest lessons have come from failing and learning from those dumb ass mistakes. Being scared of failure just prevents you from even having a go. Do it on the cheap though, don't waste your hard earned savings on an experiment. https://www.instagram.com/p/BxbUiVWAUp0/?utm_source=ig_tumblr_share&igshid=123ac34fkm8f