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  1. MaxKhalus

    Progress as a Freelance Writer/New Amz Seller [Daily]

    EXECUTION 
    Hey everyone, Progress threads are back! The last one was in December 2020 and lasted nearly a year. This time, there's gonna be much more action going on, and there's no finish date. Why? Context: Since January 2020, there's been a lot of testing with ideas and routines. While...
  2. MaxKhalus

    Extreme Loss Aversion - what are my options? (Working 9-5 for the rest of my life is not an option)

    MINDSET 
    If you like your job but don't want to be employed, try freelancing. Work on your rules, when you want, where you want. With that income stream, you can then learn about any business model you like and start building it.
  3. MaxKhalus

    Why not offer a refund service for crypto?

    CRYPTO INVESTING 
    I just had this idea, which may either be stupid or make a lot of sense. Imagine there were an escrow/brokerage company for crypto. You pay someone with crypto through them, and they pay the person with some fiat method. Or maybe they keep the crypto on hold for security purposes. If you want...
  4. MaxKhalus

    Convince me to Not Buy a Home

    HOT! REAL ESTATE 
    Homes are bad for u
  5. MaxKhalus

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Then why did Bitcoin revive after falling from $17K?
  6. MaxKhalus

    Do you really need a job contract for basic purchases?

    OFF-TOPIC 
    If I don't do taxes, I guess that leads to trouble XD. Even though I live in Spain, all my freelancing money comes from US platforms and US tax regulations. Had I stayed on Upwork, I might have been paying taxes already. But we moved from all platforms to work independently. It's just a...
  7. MaxKhalus

    Do you really need a job contract for basic purchases?

    OFF-TOPIC 
    So I live in Spain with my family. And even though I make decent money, they advise me to get a job. Not for the money, but presumably because it prevents lots of legal complications. I don't know how laws have changed this year but apparently: - You "need" a job contract to rent a place (I have...
  8. MaxKhalus

    Hey MJ & co. Why Is "Everyone Doing It" On NFTs? Is It The Real Deal?

    HOT! INVESTING 
    That's the most likely. Imagine you're buying a copy with the same quality. You might get it cheaper, but you're still reinforcing the image of the original. When people see a copy, they think of the original. For brands, that's free advertising. Maybe something similar happens with NFTs...
  9. MaxKhalus

    How many of you guys pay virtually nothing in taxes due to write offs?

    HOT! TAXES | REGS 
    How does income tax work with a business? Is the following possible? (one-dollar salary) - You pay yourself a one-dollar salary - You keep all the profit inside as an investment in your own company - You keep the investment for long enough to withdraw without capital tax
  10. MaxKhalus

    Hey MJ & co. Why Is "Everyone Doing It" On NFTs? Is It The Real Deal?

    HOT! INVESTING 
    Hey, I've thought about it a little bit and came to this conclusion: - People often want to buy the best product, not second options - If you're the best (product quality, stories, reputation), competition doesn't matter - Because you're "the only one" selling it, you monopolize and charge as...
  11. MaxKhalus

    Hey MJ & co. Why Is "Everyone Doing It" On NFTs? Is It The Real Deal?

    HOT! INVESTING 
    Got it. Any resources/books/channels you recommend to learn about branding? Because it's probably the next thing I want to research. For business, not just NFTs.
  12. MaxKhalus

    Hey MJ & co. Why Is "Everyone Doing It" On NFTs? Is It The Real Deal?

    HOT! INVESTING 
    So you would say your definition of value equals the definition that appears on MJ Books? Value meant to me that something required physical resources or time. While NFTs are limited, you can create another NFT anytime. The question then becomes, How do you know what NFTs are valuable when...
  13. MaxKhalus

    Hey MJ & co. Why Is "Everyone Doing It" On NFTs? Is It The Real Deal?

    HOT! INVESTING 
    That's the explanation I was looking for, so thx. Couple questions: - If I'm ultra rich and own an NFT, can I go and sell it at the bank or exchange? (at the floor price) - How do NFTs relate to trademarks? It makes sense to buy both since it protects your commercial rights. It could be a way of...
  14. MaxKhalus

    Before you made your first $1 online, did you ever felt like giving up?

    EXECUTION RANT 
    Making $1 was easy in my case. You can resell anything and earn a dozen dollars a month. More if you scale it. The first money I made was by going to giveaway pages and reselling on eBay. I didn't know how to grow it beyond ~$80 a month, so I moved onto freelancing.
  15. MaxKhalus

    Hey MJ & co. Why Is "Everyone Doing It" On NFTs? Is It The Real Deal?

    HOT! INVESTING 
    I don't think NFTs work like trademarks. Like they said, you can just screenshot or get a copy and nothing bad happens. The NFT right ONLY exists in the platform where you buy it.
  16. MaxKhalus

    Hey MJ & co. Why Is "Everyone Doing It" On NFTs? Is It The Real Deal?

    HOT! INVESTING 
    Theoretically, nothing stops you from creating an identical NFT and register it as your own. Even though it's not the original, it's your version.

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