Crypto Market Update and Thoughts
Topics of discussion for the week ending in May 18, 2018:

NEO (NEO), Icon (ICX), Wanchain (WAN). General cryptocurrency thoughts.

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Topics of discussion for the week ending in May 18, 2018:

Lithium mining stocks.

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I’m Back!

by FI Fighter on May 18, 2018

in Blog Update, Financial Independence

I’m back! But in my case, I don’t just have “only one thing to say”…  Actually, I have many, many, many things to say and share with everyone…

All in due time.

Unfortunately, due to unresolved matters and current circumstances (that are ongoing still), out of respect for other people who are traversing through the same shitstorm as myself presently (yes, I’ve been away due to investing related deals gone awry) and for my own sake, I will refrain from revealing too much information just yet…

You win some, you lose some… That’s reality and life…

When you strike out big, sometimes you just need time away from everything to reflect and re-assess…

Over the last two months, I’ve had a lot of time for reflection, and I’ve had many epiphanies… What I’ve gone through and am still going through, it’s stuff you would never wish upon even your worst of enemies…

Losing even a little bit of money sucks ass… Losing a lot of money, man, words can’t even begin to explain the devastation…

 

As I’ve always alluded to on this blog:

 

“Human psychology and emotions are such that losing $10,000 will sting, hurt, and leave a much more profound impact than say making $50,000… For some people, you could even argue that you need to profit $100,000 in a separate trade to compensate for a $10,000 loss…

In other words, the other side of the trade of losing $1 is needing to make $5 (or more) to offset the severe burn of striking out…”

 

For myself, losing money investing is all part of the game, and I’ve been very open and public with many of my losses in the past (particularly pertaining to mining stocks)…

From 9/13/17.

That’s not an issue for me at all…

What does rattle my cage, though, is when I’m losing money hand over fist and I feel completely powerless and unable to rectify the situation… To be more succinct — It’s knowing that you’re being fucked over and realizing that you have no way of getting yourself out of the mess in a timely manner… at a minimal loss…

Worst yet, having to throw “good money” after bad… knowing that this wretched (and rekt) ship is going down like the Titanic and cannot be saved…

In the investing game, we call these investments gone terribly wrong “money pits”…

If early FI is the name of the game and ultimate end prize, these money pits, or landmines (as I prefer to call them) can set back your progress a good 5, 10 years… or more…

Just the thought of these fuck ups has kept me up many sleepless nights…

I’m not out of the woods yet, which is why I’m being entirely too vague…

But I will say I genuinely appreciate all the wonderful support I’ve received along the way these past few months as I’ve had to endure my own personal hell…

One day (hopefully soon), when the time is right, I plan to reveal to the world everything that went on… Like always, I’ll give it to you all straight up, raw, and with no sugarcoating… I have never been shy/embarrassed/ashamed to admit my faults, limitations, and most importantly investment fuck ups…

I prefer telling the truth.

Trust me when I say this — Although I’ve had relative success with investing through the years, my biggest mistakes (and lessons learned from them) are so much more valuable and informative to you readers than anything else I post on here…

 

In any case, I’m about done reflecting… and I realize there’s really nothing more that I can do to better the situation… It is what it is…

 

It’s about time I got back to doing things that I love… and blogging is definitely at/near the top of my list.

 

In a world where too many people expect/demand perfection from imperfect people, I’ll be the first to admit to you all:

 

I am a very flawed individual who has made many terrible decisions in life that I later regretted… Striking out repeatedly isn’t going to deter me to quit and give up on life.

 

I’m back!

 

And will keep on pressing on… cuz “sky’s the limit!”

 

Besides, I’ve missed you all…

 

Photo Credit: Clutch.hk

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Life Happens (Taking a Break)

by FI Fighter on March 19, 2018

in Blog Update

Hey everyone, just when I thought I was ready to go back to blogging full swing…

Life happens…

I’ve got a lot of stuff on my plate to deal with right now… So I’m sorry, but I will probably be away from blogging and updating for awhile…

I just can’t process everything that’s going on right now, and to say I’m overstressed would be a huge understatement… I can’t even sleep at night anymore.

I’ll be back as soon as I can…

Keep up the good fight everyone!

Wish me luck, skill, and everything in between… I will certainly need it.

 

Fight On!

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Hello World (March 17, 2018)

by FI Fighter on March 17, 2018

in Blog Update, Health

Hey everyone! Sorry for going away for awhile, but like I mentioned in the last post, I was feeling a bit “blah” upon arrival back to California… Short [click to continue…]

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I’m back stateside now, in California… But prior to arriving back “home”, I spent a day in [click to continue…]

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In today’s society (the age of information overload), it’s all too easy to rely on becoming a consumer of consensus datapoints as opposed to embracing a Life of Doing.

As it pertains to Manila and the Philippines, I have heard [click to continue…]

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Mining stocks are an extremely volatile asset class where the odds of any investor getting into a story, experiencing impressive gains, only to then take a round trip back to break-even… and finally into NEGATIVE territory are actually quite high (sadly)… In fact, that dreaded rollercoaster ride where you see all your once “hefty” profits in any single position later eviscerated into NOTHING is something that I’ve experienced more often than I’d like to admit…

Yes, it’s impossible to ever [click to continue…]

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In the wacky world of cryptocurrencies, as soon as I hit the ‘publish’ button on any article, I can pretty much rest assured knowing that whatever thoughts that I have at that moment will be relegated to obsolete immediately after.

That’s just the way the game goes in Cryptoverse… We are operating in a sector that [click to continue…]

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Thank You Edition #3 Released!

by FI Fighter on February 5, 2018

in Thank You Edition Updates

Thank You Edition #3 has just been released to subscribers this morning. If you have made donations to this blog and did not receive [click to continue…]

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