Last night, my wife and I were discussing the ups and downs of turbulent careers that have last three decades. We are both blessed to have had the opportunity to take diverse paths, with the common thread of constant change. Society – and thus, business opportunities - are morphing faster than ever; and given the exploding population and breakneck pace of technological innovation, the ability to stay ahead of the curve gets harder each day – particularly when you are older, in an increasingly young man and woman’s world.
When considering my career, it occurred to me that as hard as I have worked, success has been sporadic and elusive – in most cases, due to no fault of my own. That’s why its so important to LEARN from our mistakes and failures – using them to “make lemonade out of lemons” in future ventures. Which is exactly what I’ve done, in 16 years of “rising up the totem pole” of sound money - from mining stocks; to bullion; and finally, Bitcoin.
Everyone has stories to tell, but I can tell you that mine are up there with anyone’s, of the harrowing experiences I’d endured to make money, preserve it, and hold my life together in the process. And while the Bitcoin journey has been “harrowing,” it has easily been the most successful of my career. To that end, the more stressful a given moment has felt, the more powerful the feelings of relief and exhilaration when it ultimately reverses course, and positively resolves.
https://cryptogoldcentral.com/2017/09/26/positive-resolution/
Regarding 2018, it is one of the most unique periods of my career, as I approach my 48th birthday. For one, it is the first year I have owned my own business – having started CGC in September 2017. Second, it has been extremely rewarding, given that such huge losses have still left me in the best financial position of my life (given the good fortune I had to acquire Bitcoin…and its crypto-dividends…at very low prices. Finally, it’s been beyond frustrating, given the roller coaster ups and downs of this EXTREMELY HEALTHY, EXTREMELY NORMAL CORRECTION of what was one of the biggest market explosions of all time.
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In my view, the price action has been EXTREMELY ENCOURAGING, for both King Bitcoin, and the cryptocurrency space in general; in the former’s case, for holding the $100 billion market cap level - that DEFINES a major asset class; and the latter, for maintaining far more value than what I would have expected, given the nascence of a sector with so many issues…and for now, more scams than legitimate projects.
Frankly, it’s the propaganda that’s frustrated me most – from both inside and outside the Bitcoin community…that thus far, has NOT been able to materially harm it, as it did in Precious Metals - that, plus massive dilution from “paper” gold and silver. The reason being, that Precious Metals are on their way OUT as monetary (and transactional) assets – and cryptocurrency, IN.
Through the CGC blog, and Twitter, I have worked very hard to refute the lies, propaganda, and innuendo – never more so than yesterday; and I will continue to do so indefinitely, as educating people about Bitcoin is as FUN as it is rewarding. In sum total, everything I’ve seen in the more than 2½ years I’ve been in Bitcoin is encouraging, and NEVER before have I been more bullish about its future…and the altcoin sector, too; as given the historic transformation the world is undergoing - from the industrial age to the Digital Age – the opportunity to create value in the crypto space is virtually limitless. HODL Bitcoin, and WORK HARD to identify such opportunities!
I recall you use to be called "Ranting Andy" in the metals sector. Your passion for it was very entertaining to say the least. Somehow, I lost track of you...during the time NWTM went belly up and literally stole much of my silver holdings. That was a game changer for me...and I found BTC around the time when you did. I'm now able to buy 10x silver from my hodlerings.
I had a downturn in my business and took the risk to invest what I had into the crypto market...and it's not for everyone..the learning curve, responsibility, and volatility. But it's been a heck of a ride. And what's best is being able to read and enjoy your once again passion..this time with the bitcoin markets. Thank you for all of what you do...
Bob