- No Code Alex
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- Beware of the Shiny Object
Beware of the Shiny Object
don't get sucked in
Welcome to the No Code Builders newsletter, I’m Alex from No Code No Problem
Before you read, make sure you join my discord community so we can chat daily - there’s a free version, click here
In today’s newsletter, we will go over:
recent crypto news
shiny objects
asymmetric bets
Breaking into Software: Just Start
Starting in software can be frightening
there’s a lot of moving parts, and it can seem daunting
that’s okay, but don’t let it give you action paralysis
you need to just start
learn as you go
fail and try again
not starting hurts you more than failing
Top Links of the Week:
Deep Dive:
bitcoin hit 61k - let’s talk about it
I’m not a crypto guy - I know nothing about it
I lost money in 2021 in a rug pool lol
this is becoming a shiny object for many though and they’re going to fomo into it
and then you become people’s exit liquidity lol
do I have any idea if this is running higher or not? no
but here’s what I’ve learned
there’s money makers and money multipliers
I’m a money maker, so I focus on making money and I am much safer with my investments because I make enough money
now I do believe in asymmetric bets - meaning minimal downside with maximum upside
but for me - this bet is in growing my brand to create massive enterprise value across the portfolio of my companies
and so I put almost all of my money into that
because that’s where my edge is - I’m much more likely and in more control to make millions there than in bitcoin or $hitcoins
so even if you’re running an agency or doing ecom or whatever right now, I’m not saying don’t invest in crypto but don’t pull away focus from the thing actually making you money
you’re going to see a lot of people turn into crypto experts overnight again
everyones a genius in a bull market…
I have my blinders on and I’m just getting better at my craft and staying the course on my bet, not making new bets because they’re popular right now
again, do as you will but this is my take
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