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Ask HN: People who work less than 10 hours per week, what do you do?

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Re: Ask HN: People who work less than 10 hours per week, what do you do?

#11

Post by recvonline »

Jaxtek wrote: post #10
recvonline wrote: post #8

Earlier quoted context omitted.

I don't think it's over. Take the current dip (which might go until 30k for BTC), buy in, and wait another year. This space is not done yet. And it's mostly used by professional traders to squeeze out some beta in their portfolios. So be a little fish swimming with the whales.

What "strategy" do you use for crypto? Just "buy the dip" or??

It's simple. If you don't buy into crypto, you are short crypto. If you buy in, you are long. I have to decide where to put, lets say, 50k USD in savings each year. Where should I put it? Stocks? Which ones? What are the returns? What is the growth?

Crypto? Which ones? What is the projected growth? So far, I rather put everything in Crypto. Just buy in, dollar cost averaging in the projects you believe, or just 50% BTC and 50% ETH and wait a few years. Again, no investment advice ;)

I will continue to trade, and then put some money back into real assets like apartments or houses, or hope that staking is finally regulated and I can just keep everything in stablecoins or stake ETH and have a fixed income.

Re: Ask HN: People who work less than 10 hours per week, what do you do?

#12

Post by Jaxtek »

recvonline wrote: post #11
Jaxtek wrote: post #10

Earlier quoted context omitted.

What "strategy" do you use for crypto? Just "buy the dip" or??

It's simple. If you don't buy into crypto, you are short crypto. If you buy in, you are long. I have to decide where to put, lets say, 50k USD in savings each year. Where should I put it? Stocks? Which ones? What are the returns? What is the growth? Crypto? Which ones? What is the projected growth? So far, I rather put everything in Crypto. Just buy in, dollar cost averaging in the projects you believe, or just 50% B…

OK

Re: Ask HN: People who work less than 10 hours per week, what do you do?

#13

Post by randomopining »

recvonline wrote: post #8
Jaxtek wrote: post #6

Earlier quoted context omitted.

Great! Happy for you! I missed the crypto wave..

I don't think it's over. Take the current dip (which might go until 30k for BTC), buy in, and wait another year. This space is not done yet. And it's mostly used by professional traders to squeeze out some beta in their portfolios. So be a little fish swimming with the whales.

So you do think that it'll be "done" at some point? It's just a long running pyramid get in and get out thing?

I do think now is a good time to DCA in a bit. Go for like 20% in rando coins and the rest in btc and eth.

Re: Ask HN: People who work less than 10 hours per week, what do you do?

#14

Post by jjice »

herbst wrote: post #2

Disclaimer: not every week, sometimes I feel like working/coding and work way above 40 hour weeks. My tasks to keep money flowing however come down to maybe 3 hours a week. I've worked years to get there, but the majority of my income today comes from: - 'creative' affiliate sites - random crypto investments - a local e-commerce project I've had AdSense sites and a 'small' SAAS too. But I've sold those. The e-commerc…

Can you elaborate as to what

> 'creative' affiliate sites

means? Just confused and interested.

Re: Ask HN: People who work less than 10 hours per week, what do you do?

#15

Post by herbst »

jjice wrote: post #14
herbst wrote: post #2

Disclaimer: not every week, sometimes I feel like working/coding and work way above 40 hour weeks. My tasks to keep money flowing however come down to maybe 3 hours a week. I've worked years to get there, but the majority of my income today comes from: - 'creative' affiliate sites - random crypto investments - a local e-commerce project I've had AdSense sites and a 'small' SAAS too. But I've sold those. The e-commerc…

Can you elaborate as to what > 'creative' affiliate sites means? Just confused and interested.

If you google anything about affiliate you end up with hundreds of tutorials about building wordpress affiliate funnels or anything like that.

I am a coder :) My idea of "creative affiliate" is building something that users want to use and not something that users happen to end up on.

Re: Ask HN: People who work less than 10 hours per week, what do you do?

#16

Post by pesfandiar »

recvonline wrote: post #11
Jaxtek wrote: post #10

Earlier quoted context omitted.

What "strategy" do you use for crypto? Just "buy the dip" or??

It's simple. If you don't buy into crypto, you are short crypto. If you buy in, you are long. I have to decide where to put, lets say, 50k USD in savings each year. Where should I put it? Stocks? Which ones? What are the returns? What is the growth? Crypto? Which ones? What is the projected growth? So far, I rather put everything in Crypto. Just buy in, dollar cost averaging in the projects you believe, or just 50% B…

How do you minimize the risk of not being able to convert it all back to fiat currency?

Re: Ask HN: People who work less than 10 hours per week, what do you do?

#17

Post by kibbleble »

pesfandiar wrote: post #16
recvonline wrote: post #11

Earlier quoted context omitted.

It's simple. If you don't buy into crypto, you are short crypto. If you buy in, you are long. I have to decide where to put, lets say, 50k USD in savings each year. Where should I put it? Stocks? Which ones? What are the returns? What is the growth? Crypto? Which ones? What is the projected growth? So far, I rather put everything in Crypto. Just buy in, dollar cost averaging in the projects you believe, or just 50% B…

How do you minimize the risk of not being able to convert it all back to fiat currency?

You don't invest your life savings, just enough to where you can let it sit. Convert small increments to fiat when it's high, or purchase using crypto directly.
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