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Re:Ask HN: People who work less than 10 hours per week, what... by herbst on Wednesday September 22, 2021 @05:22AM (#28614456)
Disclaimer: not every week, sometimes I feel like working/coding and work way above 40 hour weeks.

My tasks to keep money flowing however come down to maybe 3 hours a week.

I've worked years to get there, but the majority of my income today comes from:

- 'creative' affiliate sites

- random crypto investments

- a local e-commerce project

I've had AdSense sites and a 'small' SAAS too. But I've sold those. The e-commerce is so that I avoid imposter syndrome (or so), because it's the only income I can actually touch that is more than a few files on a harddrive.

However, I am not rich. I am able to pay back dept from years of trying and life a enjoyable life, which is all I ever targetted for.

Re:Ask HN: People who work less than 10 hours per week, what... by Jaxtek on Wednesday September 22, 2021 @05:35AM (#28614525)
Thanks for the response.I am happy for you >However, I am not rich. I am able to pay back dept from years of trying and life a enjoyable life, which is all I ever targetted for. That's my target too
Re:Ask HN: People who work less than 10 hours per week, what... by jjice on Wednesday September 22, 2021 @01:13PM (#28618958)
Can you elaborate as to what

> 'creative' affiliate sites

means? Just confused and interested.

Re:Ask HN: People who work less than 10 hours per week, what... by herbst on Wednesday September 22, 2021 @01:24PM (#28619116)
If you google anything about affiliate you end up with hundreds of tutorials about building wordpress affiliate funnels or anything like that.

I am a coder :) My idea of "creative affiliate" is building something that users want to use and not something that users happen to end up on.

Re:Ask HN: People who work less than 10 hours per week, what... by recvonline on Wednesday September 22, 2021 @08:09AM (#28615420)
Freelanced for 5 years to build enough capital, poured every cent of it in crypto since 2017, and can now live off my savings for ~15 years.

I am still coding and learning, but not fulltime. Maybe 2-3 hours a day.

Will go back to work at some point but probably part time.

Re:Ask HN: People who work less than 10 hours per week, what... by qwertyuiop_ on Wednesday September 22, 2021 @08:36AM (#28615587)
Just out of curiosity when you say crypto, are you mining or buying Bitcoin with USD ?
Re:Ask HN: People who work less than 10 hours per week, what... by recvonline on Wednesday September 22, 2021 @08:43AM (#28615648)
Buying other coins than BTC. If BTC does 10%, ETH did 25% and other shitcoins went up 50-80%. So I distributed among different coins and just sat out and waited.
Re:Ask HN: People who work less than 10 hours per week, what... by Jaxtek on Wednesday September 22, 2021 @08:38AM (#28615610)
Great! Happy for you! I missed the crypto wave..
Re:Ask HN: People who work less than 10 hours per week, what... by recvonline on Wednesday September 22, 2021 @08:44AM (#28615654)
I don't think it's over. Take the current dip (which might go until 30k for BTC), buy in, and wait another year. This space is not done yet. And it's mostly used by professional traders to squeeze out some beta in their portfolios. So be a little fish swimming with the whales.
Re:Ask HN: People who work less than 10 hours per week, what... by randomopining on Wednesday September 22, 2021 @10:02AM (#28616408)
So you do think that it'll be "done" at some point? It's just a long running pyramid get in and get out thing?

I do think now is a good time to DCA in a bit. Go for like 20% in rando coins and the rest in btc and eth.

Re:Ask HN: People who work less than 10 hours per week, what... by Jaxtek on Wednesday September 22, 2021 @08:50AM (#28615699)
What "strategy" do you use for crypto? Just "buy the dip" or??
Re:Ask HN: People who work less than 10 hours per week, what... by recvonline on Wednesday September 22, 2021 @08:56AM (#28615776)
It's simple. If you don't buy into crypto, you are short crypto. If you buy in, you are long. I have to decide where to put, lets say, 50k USD in savings each year. Where should I put it? Stocks? Which ones? What are the returns? What is the growth?

Crypto? Which ones? What is the projected growth? So far, I rather put everything in Crypto. Just buy in, dollar cost averaging in the projects you believe, or just 50% BTC and 50% ETH and wait a few years. Again, no investment advice ;)

I will continue to trade, and then put some money back into real assets like apartments or houses, or hope that staking is finally regulated and I can just keep everything in stablecoins or stake ETH and have a fixed income.

Re:Ask HN: People who work less than 10 hours per week, what... by pesfandiar on Wednesday September 22, 2021 @02:49PM (#28620179)
How do you minimize the risk of not being able to convert it all back to fiat currency?
Re:Ask HN: People who work less than 10 hours per week, what... by kibbleble on Wednesday September 22, 2021 @07:26PM (#28623350)
You don't invest your life savings, just enough to where you can let it sit. Convert small increments to fiat when it's high, or purchase using crypto directly.
Re:Ask HN: People who work less than 10 hours per week, what... by Jaxtek on Wednesday September 22, 2021 @09:00AM (#28615812)
OK
Re:Ask HN: People who work less than 10 hours per week, what... by Jaxtek on Wednesday September 22, 2021 @08:48AM (#28615688)
Thanks! I am gonna try this!