Transitioning from IM to WallStreetBet Sophisticated Theta Farm Retard

IamNRE said:

You'd think it would be hard, but not really. I grew tired of that shit a long time ago, but just kept going in hopes of one day making it.

I tried methods, I tried brand building, I tried a lot of things man.

Here are some of my recent projects;

fr33way.com
dacoop.com
calltraxx.com
freebikerepairkit.com
subscriptioncow.com

All more or less failed for 1 reason or another.

IMO, to make it in business, you need to be a monopoly or have some type of moat/barrier to entry to keep out the competition, but if noobs can copy you and compete with you in under 7 days, then you're Fk'd.

Plus, 1 person doesn't have all the skills needed to execute and compete with well funded established business or venture funded start-ups. They have teams behind them with a vast amount of experience. Its like taking on a gang of bikers, while you're on your own - just because you hit the gym doesn't mean that you'll be able to take on 10 people.

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Subscriptioncow(others too) in particular is a beautiful project, did you get some customers?

Willyfish said:

Subscriptioncow(others too) in particular is a beautiful project, did you get some customers?

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Thanks for your kind words. Sadly, we ran out of capital so we couldn't get to the stage where we fully test things out properly.

We did have a client we were meant to generate leads for, but she flaked out on us and the team kinda lost steam.

But again, I don't think it wouldn't start this today knowing what i know. The next project I work on, will be one where I have enough resources to hire a proper team - so I'll plow like $50k-$100k into the project and see.

But the real project I want to work on, requires $1+ mil. plus, but that project would have a proper team AND it would allow me to build a monopoly - which is the thing that is required for real success IMO and according to Peter Thiel.

IamNRE said:

Thanks for your kind words. Sadly, we ran out of capital so we couldn't get to the stage where we fully test things out properly.

We did have a client we were meant to generate leads for, but she flaked out on us and the team kinda lost steam.

But again, I don't think it wouldn't start this today knowing what i know. The next project I work on, will be one where I have enough resources to hire a proper team - so I'll plow like $50k-$100k into the project and see.

But the real project I want to work on, requires $1+ mil. plus, but that project would have a proper team AND it would allow me to build a monopoly - which is the thing that is required for real success IMO and according to Peter Thiel.

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I see, it's a lot of money you would need yeah, try to first have some savings to cover your situation, we make bad decisions when money is a problem, maybe try to have a part time job for some times and have cash coming in.

And try to stick on the next thing you do, you have experience now and you know the digital space well.

For trading, it's your choice and I wish you well, I never had any success in it personally

it's 2021 and people still playing with stocks....the future is BTC, ETH, BNB and ofc the orange one

I do this too. I sell puts and almost never get assigned, but I also have a shares only/neversell account, and thirdly I have a leap calls only account.

Earlier this year I was netting 20-30% on the puts I sold, shares account is up 50% on the year, leaps account is fine too, I fucked up super hard on options only and lost all the money I made lmao.

Most successful puts sold were on RIOT/MARA as bitcoin moves, then I sold puts on PLTR/CCIV too, right now I'm only trading VXX options, not selling puts right now, and holding all my leaps and buying more as the market dips.

Nihilism said:

I do this too. I sell puts and almost never get assigned, but I also have a shares only/neversell account, and thirdly I have a leap calls only account.

Earlier this year I was netting 20-30% on the puts I sold, shares account is up 50% on the year, leaps account is fine too, I fucked up super hard on options only and lost all the money I made lmao.

Most successful puts sold were on RIOT/MARA as bitcoin moves, then I sold puts on PLTR/CCIV too, right now I'm only trading VXX options, not selling puts right now, and holding all my leaps and buying more as the market dips.

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@BassTrackerBoats what did happen to him? I didn't see a public post which was inappropriate.

Willyfish said:

@BassTrackerBoats what did happen to him? I didn't see a public post which was inappropriate.

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When a rule is violated we delete the content 90% of the time.

Good luck and be careful.

Guys what's the best non-us platform for stonks and meme stocks? E-toro?

I wish you good luck Mate

Willyfish said:

I see, it's a lot of money you would need yeah, try to first have some savings to cover your situation, we make bad decisions when money is a problem, maybe try to have a part time job for some times and have cash coming in.

And try to stick on the next thing you do, you have experience now and you know the digital space well.

For trading, it's your choice and I wish you well, I never had any success in it personally

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Its doable bro. I just need to go YOLO every week and aim for a 20% profit. Dude, I make in 1 week trading spreads, what I would make in 1 month working full time. Why in the f*ck would I get a part time job. This trading shit is paying off and I've only been doing it 1 month.

According to my research being a business owner has created the most self made millionaires and out of those business owners, people working in the finance industry lead the pack (not sports people, digital marketers, actors etc.). So if you want to become a millionaire and want to have the odds in your favor - become a business owner and work in the finance. Not to say that you can't make it as an employee (working for a startup that blows up and issues stock options to you) or make it big starting a car washing empire or whatever - but according to my research playing the stonk market is the way to go.

I didn't just jump into this, I've been reaching and learning about trading on and off for like 5 years, but I always put it in the back burner to keep giving Internet Marketing "1 more shot" .... but this year I finally took the "LEAP" (after taking a 1-3 month crash course consuming as much content as I could from youtube) and I'm not turning back baby.

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Personally I think most people don't spend enough time doing their research and learning about trading before jumping in. They go ALL in from the start and lose their shirt. I'm only going semi-YOLO, playing relatively safe bets and still watching videos daily so I keep learning.

Zakch93 said:

Guys what's the best non-us platform for stonks and meme stocks? E-toro?

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I'm on TastyWorks.com .... Its the best one as far as I know. I had the least headache with them, interactive brokers might be good, but they kept fucking with me for ever, asking me for stupid documents, taking days to reply etc.

And all other platforms outside of the US mainly trade CFDs or stocks WITHOUT "options", or they're trading options but with EU stonks and without spreads.

TastyWorks is the best one I've found.

psytrance said:

it's 2021 and people still playing with stocks....the future is BTC, ETH, BNB and ofc the orange one

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Staking is a good way to make a living from crypto - just stake ETH 2.0 and earn 5-7% interest and wait for the thing to rise in price.

I do plan on eventually getting into that, but that will be the extent of my crypto market strategy - just staking and hodling.

Nihilism said:

I do this too. I sell puts and almost never get assigned, but I also have a shares only/neversell account, and thirdly I have a leap calls only account.

Earlier this year I was netting 20-30% on the puts I sold, shares account is up 50% on the year, leaps account is fine too, I fucked up super hard on options only and lost all the money I made lmao.

Most successful puts sold were on RIOT/MARA as bitcoin moves, then I sold puts on PLTR/CCIV too, right now I'm only trading VXX options, not selling puts right now, and holding all my leaps and buying more as the market dips.

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Well done mate, keep on trading.
Naked "calls" or naked "Puts" are risky.

I only do "call debit spreads" and in the future I'll do "the wheel" ... sell cash covered puts, until assigned, then sell covered calls until exercised, then I'll repeat the process. I keep things simple and only play with familiar stonks with a long successful trending indicator (1-5 years) and a positive short-term indicator (i.e the stonk is closing above the previous closing price 2 weeks in a row) and has lots of volume so I can get in/out of trades quickly.

Don't blow your account with risky bets, keep the risky plays under 20% of your total portfolio, just become a farmer and earn your 10-30% and you'll be fine. But that's just me. #CompoundInterest

IamNRE said:

You'd think it would be hard, but not really. I grew tired of that shit a long time ago, but just kept going in hopes of one day making it.

I tried methods, I tried brand building, I tried a lot of things man.

Here are some of my recent projects;

fr33way.com
dacoop.com
calltraxx.com
freebikerepairkit.com
subscriptioncow.com

All more or less failed for 1 reason or another.

IMO, to make it in business, you need to be a monopoly or have some type of moat/barrier to entry to keep out the competition, but if noobs can copy you and compete with you in under 7 days, then you're Fk'd.

Plus, 1 person doesn't have all the skills needed to execute and compete with well funded established business or venture funded start-ups. They have teams behind them with a vast amount of experience. Its like taking on a gang of bikers, while you're on your own - just because you hit the gym doesn't mean that you'll be able to take on 10 people.

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Your websites are beautiful.
Have you used themes are custom design?

Did you ever try with Crypto?

Good luck with your journey.

Be carefull we are near a major down jones sell trigger

There must something bigger coming.It's always happening when gold is being pushed hardly down.

AU369 said:

Be carefull we are near a major down jones sell trigger

There must something bigger coming.It's always happening when gold is being pushed hardly down.

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A personal bet i do is buying silver options at a 1:10 ratio .
Expectations are silver going to $125 in the next 3 years.
thats arround 500% x 10 = 5000%
Risk very moderate in my opinion with all the money flooding all assets and high inflation

Gogame1 said:

Your websites are beautiful.
Have you used themes are custom design?

Did you ever try with Crypto?

Good luck with your journey.

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Thanks, I hired developers to make the sites for me. A guy from Eastern Europe somewhere. He was using Elementor and customizing it for whatever project I was working on.

I did in fact invest some $1500 or so into a shit coin, its now worth $0.02, I bought in at $1.2 ... still HODLing - its a "stable coin" LOOOL.

Cheers

Good luck and thanks for sharing this!

John thought you were doing well with fb ads and judging from your posts it doesn't seem like you are someone who would give up IM so easily

Have you totally given up on IM?

IamNRE said:

Thanks, I hired developers to make the sites for me. A guy from Eastern Europe somewhere. He was using Elementor and customizing it for whatever project I was working on.

I did in fact invest some $1500 or so into a shit coin, its now worth $0.02, I bought in at $1.2 ... still HODLing - its a "stable coin" LOOOL.

Cheers

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Don't give up on this website dacoop.com.
I liked the idea and if marketed properly it would be big and at the same time will help others in building there products and business.