The XRP Investor Thread

This should be a thread. I’ve learned quite a bit in the last 5-10 years about how to make money and create value and opportunities for yourself.

Be the master of your money, don’t let money be your master

Money should not be the goal, the goal should be to make people’s lives better, solve a problem. If you solve someone’s problem or provide a valuable service, they will give you their money willingly and happily. After all, you are improving their lives. It’s the path that leads to the greatest wealth, and consequently it’s the most moral path to take travel to get there. As a bonus, you’ll have many friends.

Money is not a zero sum game, there’s is more than enough for everyone. You’re goal is create. Create value for people and the money will come to you.

Failure is not failure. Failure is not achieving your goal and giving up before you succeed. If you don’t give up, you don’t fail. Failure is really just a learning lesson on how not to do something. That doesn’t mean there isn’t another way.

Reward is a neighbor to risk. You don’t get something for nothing. If you think it and don’t act on it it will never happen and never become real.

Golden rule; never invest more than you’re willing to never see again. It helps detach you from the emotional connection most people have to their money.

When you get a big win, and you cash out sometimes the asset you sold continues to rise in value. If you’re in profit, don’t regret the sale and don’t second guess yourself. Take the win and move on. There are always new opportunities on the horizon.

Knowledge is more valuable than anything else. Invest in your mind and your skill sets. Learn new things, be curious, dedicated and passionate about the things you invest in. It will pay you more in dividends than any stock ever will. You can lose your money and your possessions, but no one can take the skills you learned to obtain them the first time around. Now that you’ve done it, you can do it again.

Be generous and kind to people. You never know where a new opportunity will present itself, and you never know who can help you on your path to wealth. Someone may offer you the opportunity you’ve been looking for.

Money is meant to move. If it’s not moving, it’s not doing it’s job. Don’t hoard your money, it’s not meant to be yours forever. It’s meant to be spent, invested, taken and given. You are just holding on to it for a short time.

***THIS IS THE MOST IMPORTANT ONE: Time is every person’s most valuable asset. Learn to leverage your money for more time, not your time for more money. Trading your time for a paycheck is the worst way to make money and it won’t create wealth. That doesn’t mean you should quit your job though. Use your paycheck as a platform to transform your life. Buy the right assets and investments that pay you back.

Be disciplined. Solve a problem for someone. Help someone. Provide a valuable service. Be passionate. Be generous and kind. Learn to recognize opportunities where others do not. Take risks. Fail. Be curious and learn. Try again.

yeah Luminous, here ya go.


I bailed out of my other small hodl into SOL on 8/15, then linked it for drawing out of my Coin Base (CB) debit card (DC). I bought in at $47.58..so the money I've spent on my DB has been profits with an XLM 4% back..which offsets the CB fees. And, I convert the XLM 4% rewards back into SOL, as soon
as they are earned. I haven't spent much, respectively, 15 SOL @ $47= $700 bucks initial. 15 SOL @ current value $74 = $405 up spending power. If it plays down to -(3-5)% and another crypto is moving up, I'll swap again. And, swap my DC to the new crypto.

eta, am moving MIR to watch.

Beautiful! Could not agree more!

And this is always a favorite too:



The unknown unknowns are the things that bother me the most.

Sorry for the diversion off topic, but couldn't resist the opportunity to share a few quotes...

Should one hold on to Litecoin anymore you guys think? Is it dead in the water or may it soar once again soon?

Bonus!

Life is a series of goals. What gives us satisfaction and wealth is setting goals and achieving them and then setting new goals. Things and money are not the ultimate goal, their novelty will fade. the journey is what’s most interesting, satisfying and important. Many business owners say they had the most fun and excitement when they were creating the business, not running it.


This blew my mind when I learned this…everything you see that wasn’t created by nature was once an idea in someone’s mind. From the most complicated machines to the most mundane of things. Someone took that idea out of their mind, a non physical realm and created it in the physical universe. “The farmer doesn’t plant corn seed and act surprised when corn grows”. We literally create the world around us into what we wish it to be. We reap what we sow. Therefore, your world is a reflection of your thoughts. If your thoughts tell you you can’t do something, you can’t learn something and that you are poor, then you can’t and you won’t and you will be. Conversely if your thoughts tell you you can do something, you can learn and you’ll be wealthy. then you can and you will and you will be. An object in motion tends to stay in motion. Change your thoughts and you change you’re behavior. Change you’re behavior and you change the physical world around you. You are the master of your own destiny, the author of your own story.

This blew my mind when I learned this…everything you see that wasn’t created by nature was once an idea in someone’s mind. From the most complicated machines to the most mundane of things. Someone took that idea out of their mind, a non physical realm and created it in the physical universe. “The farmer doesn’t plant corn seed and act surprised when corn grows”. We literally create the world around us into what we wish it to be. We reap what we sow. Therefore, your world is a reflection of your thoughts. If your thoughts tell you you can’t do something, you can’t learn something and that you are poor, then you can’t and you won’t and you will be. Conversely if your thoughts tell you you can do something, you can learn and you’ll be wealthy. then you can and you will and you will be. An object in motion tends to stay in motion. Change your thoughts and you change you’re behavior. Change you’re behavior and you change the physical world around you. You are the master of your own destiny, the author of your own story.