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Now you know how to invest in the most exciting assets in the world

Now you know how to invest in the most exciting assets in the world
By Tom Littler • Issue #53 • View online
Hey guys, another issue mainly focused on crypto stuff. I can’t see this changing for a while, it’s just such a fascinating space, and to be honest productivity stuff bores me now. Feel free to unsubscribe if you came here for Notion/productivity content!

Earlier this week I had a call with a friend of mine. He had a few hours a day free, and like a lot of my friends, wanted to know how I’d built decent wealth trading early-stage crypto assets.
I sat him down and explained how to do it.
As I was explaining it (not for the first time to a friend), I realised how bloody complicated the whole thing is. From setting up your crypto wallet to getting your dry powder, to finding projects to invest in, to deciding when to sell.
After the call, I decided I was never going to explain all this to a friend over the phone again. It’s inefficient and definitely sub-optimal for understanding.
Instead, I decided to codify everything I know on early-crypto investing in a cheat sheet. I’ve published this cheat sheet for free on Product Hunt. If you want to access the highest growth class assets in the world, I’d invite you to check it out. (thumbs-ups appreciated!)
Core Principles
Before you get started with early-crypto trading, you should understand some core principles.
Only invest what you can afford to lose. Early-crypto is perhaps the highest risk asset you can put money in
Early-crypto is 100% speculation
I use the term investing very loosely here, it’s more like gambling
The difference between gambling in early-crypto and at a casino, is in early-crypto there is no ‘house’. If you know what you are looking for, you can beat the odds and see insane returns.
The only advantage you have is being earlier than other investors. Getting ahead of the herd is everything.
Never invest more than 5% of your overall allocated cash into a single asset. Your attitude needs to be that 9/10 of your positions will go to 0. The 1 that succeeds will succeed so massively it will make up for the losses.
ADHD is an advantage in early-crypto. You need to be constantly checking your positions, digging out new coins. Rabbit holes are your friend.
To do well in early-crypto you need to dedicate a few hours a day to it.
Teaming up can be a fun and efficient way of navigating this space. We’ve seen success with splitting up roles. One hunts, one checks and one trades.
What I'm Reading
I don’t know if I’m mellowing in my old age, but I’ve stopped finding extreme characters as interesting as I once did. Where I used to admire Elon Musks work ethic, Jobs’ single-minded vision, and Da Vinci’s relentless commitment to curiosity, I’m starting see these traits in a slightly different light.
Edison is a fascinating man, and this book goes into incredible detail on his ingenious inventions. Throughout the whole thing though I couldn’t help but feel sorry for his wife and family, who continuously play second fiddle to his obsessive tinkering.
Oddly, this book is written in reverse chronology, which didn’t sit well with me. The who point of a biography is to build up a picture of someone, by starting with their childhood, then action further down the line makes sense…
Tweet of the Week
Tom Littler
Onlyfans takes 20% of creators profits.

20 fucking percent.

@LithiumVentures are backing @vicewrld_ to create a fairer, more private and funner platform for adult performers.

Check out my recent video on why.
This tweet was written pre only fans banning adult content, even more fuel for the fire…
If you got some use out of today’s issue, spread the word by sharing this link with a mate! Keep the subs rolling…
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Tom Littler

Tech, life, entrepeneurship

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