I'm writing this post to challenge myself to daily crypto reading. I was writing every single day consistently with LeoFinance from late September this year and by end of October, I developed a habit of writing daily. Then November came and I had to travel for family reasons. Now I feel like I'm ready to build up my old habits again. Reading is my keystone habit, So I can't wait any longer. I'm starting today :)
"Read 500 pages like this every day,” Buffett said to the students, while reaching toward a stack of manuals and papers. “That's how knowledge works. It builds up, like compound interest. All of you can do it, but I guarantee not many of you will do it.
Many people got into crypto because they read something that related to Bitcoin or crypto on the internet (Web2). Obviously, there are not many books written about Crypto yet so I could guess 99% of the information related to crypto is still on the internet.
2014 was the year I personally start to understand the power of reading. My daily reading habit compounded every day and I saw an abundant world with many opportunities and unlimited possibilities. This allowed me to quit my 9-5 job and start my own AirBnb business. The same year one of my AirBnb guests from California explained to me the fundamentals of Bitcoin and encourage me to buy some. So I could say I first heard about Bitcoin via word of mouth. (That's why I always say word of mouth is most powerful marketing for our Hive Network)
Anyway, I did not buy Bitcoin in 2014 though. We had Brexit in 2016 and my first startup of English language conversation club failed. Because Brexit had a direct impact on life, I started to take politics more seriously. Reading news and following world affairs made me a depressed person. Fortunately, I stumbled upon news related to Bitcoin on RT.com (the source for unbiased political news in my experiences). Long story short, My crypto journey has started because of my reading habit. The more I read about decentralization and crypto, the better that I understood that OUR ONLY HOPE TO SEPARATE MONEY FROM STATE is Crypto.
Bitcoin is an exit from the Fed.
DeFi is an exit from Wall Street.
Social media is an exit from mass media.
Homeschooling is an exit from industrial education.
Remote work is an exit from 9-5
Creator economy is an exit from employment.
Individuals are leaving institutions.
From day one of going all-in with crypto, I spend more than 7 hours a day reading Reddit, listening to Youtube. Thanks to the 2017 Bull market and my investments performed extremely well. Obviously not having to work in a day job gave me all the time the freedom to read more and more! However, I couldn't sustain my reading habit longer because I focused on becoming to entrepreneur from an investor.
Now in 2021, I'm looking back at my own life and especially the last 10 years and reminding myself why I need to read daily to become a long-term successful investor.
Crypto will create more and more remote work that can empower individuals to exit from 9-5 jobs.
Hive will play a huge role in the future Creator economy that can empower individuals from employment.
Creator economy is an exit from employment.
This particular sentence is the most valuable thing I read yesterday and I'm trying to imagine how many people can exit day jobs because of Hive in the coming years.
Reading for ~5 hours a day for 2 years completely rewires your brain.
I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business. I do it because I like this kind of life.
― Warren Buffett
Thank you for reading.
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