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nomainvest
renato@primal.net
npub13t9z...zec6
Renato
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nomainvest 5 months ago
How to land a job in Bitcoin? I am spending a lot of time reading, studying, and thinking about Bitcoin. I was always interested in investing and finance, but never really thought about working in the field because my inner self would just reject the Wall Street/finance guy stereotype and I was just not that, and would not try hard to fit in. With that, I worked and developed my academic and professional life in sectors that were more purpose based, and with the savings possible from the earning on these fields, I would be my own “finance guy”. Starting with investing in individual companies and treasury, until in the 2017 bull market I got to know Bitcoin. Like everyone else, I went down in the rabbit hole, at first thinking it was a scam, then studying it and understanding it until 2018 when I got the confidence and conviction to make bigger purchases, which I still thought it was too risky, so then my thought was “pretend you already lost your money”, which looking back I want to shake my past self by the collar of my shirt. Now, I really enjoy the field that I work on, but it’s been a decade +, and I am really looking for something more adventurous now. As @Naval says, “Do what feels like play for you, but work for others”, and really, I believe working with Bitcoin will do just that to me. As the industry grows and matures, more and more companies like @JAN3com , @BlockstreamJade , @MicroStrategy , @BlackRock , and honestly every single financial institution in the near future will need professionals for the field. Education programs are popping-up each day, but the industry seems to be growing faster than formal education in the field – not surprising for tech and Bitcoin. So, I’d say formal education is one way, it can be a nice way to be introduced to professionals and academics in the field and as they say, “your network is your net worth” and is cliché but is true. The other way, here it comes another cliché, is via proof-of-work, this is it, Bitcoin is PoW, and that goes for everything related to it. What that means is, do the work first, such as programming, studying, writing about it, doing podcasts, doing analysis, just putting your personal work out there to be seen. A third one is obviously to create your own job, which is the highest form of PoW. Have I landed a job in the field yet? Well, yes, sort of, I used to write to a Brazilian financial page called finance one, it was a freelance for a weekly column, and it went well, until AI came and my texts tended to be more towards self-custody, avoid x, y, z exchanges, and that was seen as liability for them as they depended on add money from exchanges and it is totally fair. So no longer writing for them. Good luck out there for anyone trying the same change in their professional lives!
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nomainvest 5 months ago
The Real Yield on HODLING Bitcoin is the friends you make on the way up! Last week I wrote about the experience of being in Prague for the @BTCPrague 2025. One of the highlights of the text with lots of comments from the community were over my comment: “the real yield on HODLING Bitcoin is the friends you make on the way up!”. This phrase is not mine, I remember reading it from another post last year, but am not able to tag the brilliant fellow Bitcoiner that came with this one up, if that’s you, please let us know! This is not only a catchphrase, this is the pure reality. The market will come up with yield ideas, some will work, some will fail – badly. For the moment, while we are still early on the adoption, I suggest Bitcoiners to focus on stacking sats, and go to events like Bitcoin Prague and many others all over the world. It is so rich to know that you are not alone, and that the community is formed by very likeminded individuals. Over the two days in Prague this year, I did talk about the BTC price action once, I truly believe that most participants did not check their portfolio swings that weekend, as at least for now, these events are very niched, and even though most people enter BTC because of its price action, the ones that stay, no longer stay just for that and embrace the values and philosophy of it. Cheers to all people I met in BTC Prague! Special cheers to my amigo @M for traveling together for this event for the second time! image
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nomainvest 9 months ago
Take a look at my new article at Stacker News! Talking about my strategies on acquiring BTC and which metrics I use, like Fibonacci and Mayer Multiple for bigger accumulations. Send some sats if you enjoy!
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nomainvest 1 year ago
Just posted some reflections on lessons I learned looking back on FTX’s collapse 2 years ago! I hope you enjoy reading it! I have always been extremely skeptical about self-made billionaires, not all of them, mostly the ones the raise from nowhere and go fast from 0 to 100 in a short time, and are called “genius”, or “the next- (name a brilliant entrepreneur or investor)”. If they are in their 20s or 30s…then a big red light goes on in my mind. Don’t get me wrong, it is exciting to see young people thriving, however, I am currently 35 years old, and one thing I am learning with the years is that there’s no better professor in life than experience. Experience is the main tool and quality that we can lean on towards progress, in any form of manifestation. Enough of opinions, I will get to the point now. Gladly, I never had an account with FTX. The personal image of SBF always repelled me from being interested in his history or in the company. Call me old-fashioned, but how do people trust a guy that looks like someone that lives in their grandma’s basement, doesn’t shower, never gets a haircut – and moreover, lives in the Bahamas but pretends to be humble by driving a Toyota. How did experienced investors, famous celebrities, and so many other people fall for this guy? Really, Tom Brady, the f*** GOAT, invested his money on him..crazy. What did I learn looking back 2 years: Lesson 1: Trust your guts - SBF was a clear scammer, it is so clear now after it happened, but c’mon everyone knew something was not right! Lesson 2: Do yourself your own duo diligence – do not trust the traditional media, celebrities, and so on! They will say whatever a big check tells them to! Lesson 3: Be even more careful with politics and politicians – guess who was the biggest individual donator for both republican and democrat parties during the 2022 election cycle? I give you a hint, he looks like a slob. Lesson 4: Take your BTC out of the exchanges - NOW. If you do not have a cold wallet, stop reading this now, get one from a trusted brand and do your job. FTX was not the first exchange to collapse, and it will not be the last! In most cases customers lose all their funds. In some rare cases they get a fraction of what was invested. Lesson 5: Where there’s smoke, there’s fire – There were a few signs that things were not going well at FTX, a few weeks before the collapse, SBF was twitting as if things were right, but at the same time was logged in on his videogames for hours, which CEO of any trustworthy company can log so many hours in their video-game and be proud of this? Be careful out there, trust no one! Cheers if you enjoyed the text and hope my learning helps yours too!