You never know which door will open
.....
I saw a tweet yesterday where the person stated that they interacted with 125 crypto/web3 projects in 2024 and only made a small profit from three of them.
Many people responded to the tweet by saying the person was lying and that no one had the fortitude and energy to do such a thing, but I laughed because I have seen true hustlers in the game of life try to change their financial situation.
However, that person put in a lot of effort to things that were not really certain; it was like playing a guessing game, but this time it was not a guessing game; they spent a year of their life constantly interacting with smart contracts, testing L1 to L3 projects online, using their Internet time, personal money, and gadgets with no guarantee of rewards, and only got anything decent from three projects.
"Effort-to-reward" ratio logic
This is probably one of the worst "effort to reward ratios" I have ever seen, and it was disheartening to see them put in so much effort and only receive 0.2/10 of the rewards they earned. I used to say that web3 was more difficult than the typical 9 to 5, and this did not even include Hive.
Hive is one of the easiest places to be on web3, and I say that again with confidence, because it provides a higher "productivity to effort" ratio in a space of 6 to 8. However, this is an entirely different topic.
Life changing or time wasting?
Today, I came across a tweet from the same guy who said they interacted with 125 projects, and somehow one of the projects from last year launched, and he received an airdrop of $36k, which is thirty-six thousand dollars.
A typical first-worlder (person from a first-world country) may not see this as life-changing, but this is the type of capital required to grow $200 to $500k in 4 to 5 years if invested in the right project, so yes, it is life-changing.
In web3 and crypto, you never know which door will open because many doors are closed, hollow, time-wasting, flashy, unreal, and devoid of substance, and you may have to knock on many doors before one opens and changes the narrative.
However, here's the problem.
It is exhausting to keep trying and failing, especially when you know you are probably wasting your time. Now, there is a thing called DYOR (Do your own research), but FOMO is probably one of the reasons we do not want to miss out.
It is horrible to be unsure of what you are doing. When it comes to crypto, there are always doubts, especially if previous disappointments or expectations have not been met.
However, you cannot be unlucky forever if you keep trying; the only issue is that you will most likely be unlucky because you lacked conviction and gave up too soon. Being in the hustle is not a game for those who lack endurance, as you will experience burnout from constant failures.
One of the most difficult barriers to onboarding is the inability to ensure certainty. Some days ago, a cousin me if they invest xxxx amount into a crypto project whether they'll make xxxx amount of money.
I was hesitant to respond because it is always difficult to tell someone that they may waste a significant amount of time and money before anything begins to pay off. Because it is difficult to promise certainty.
I would prefer that people onboard themselves and blame themselves for their own failures or pat themselves on the back for their own self-made successes.
No Guarantees
However, a word of encouragement: You have to knock on a lot of doors before you have a chance; you never know which interactions, participation, or involvement will pay off; unfortunately, there are no guarantees, which is the scary part.
People want guarantees before getting involved, and you will probably only have a few who are willing to keep giving until they are ready to accept.
Someone made $36,000 today, and I do not envy them because I would not have been able to handle the stress they have been dealing with for over a year. It's a testament to show that you can never fail forever if you're making the right effort
Interested in some more of my posts
Why Is the grind getting harder?
Monopoly Is the Death of Civilization
Survival: Choas and Scarcity
Crypto: Gut & meaningful Connections
What is the primary barrier to entry in Web3?
What Are Some Things You Should not Do During A Bull Market Year?
@tipu curate
Upvoted 👌 (Mana: 0/63) Liquid rewards.
Thanks a million
36k isn't small money for sure, but if this person dedicated full days or work into this, with all the stress and no joy (it's just a grind) it's not enough!
It's all just trial and error to see what pays off. Many people wouldn't put in the time that person has put in. I think the money surely compensates for all the time they've put in
Eventually something will work out. Having the patience and dedication to keep trying is another thing all together. It's not easy to keep on going, especially if you have health issues or family issues that divide your time. I guess never give up is the moral of the story, and good for that guy who made $36K, it sure didn't come easy!
It's not easy, I've been dealing with some sort of growth on my right eye, and although it doesn't give me issues, I tend to think it's because of too much screen time. So, I cannot hustle as I use to in the past.
There are healthier people constantly putting in the work, just like that guy who made that money.
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STOPI need to tag some people here @dwixer @emreal, this post is specially dedicated to you. 🤣
I like where you said that people should on-board themselves by themselves., and bear all the risks and profits that come out thereafter. Every aboki to his own kettle, mbok. 😂
I think so too. In the process of onboarding it's difficult not to assure someone that their efforts might not yield anything. I think with people onboard themselves they'll either take the glory or the fall and not blame another person when it didn't turn out as expected
Exactly, some people are too quick in blaming others when they fail. To avoid the blame, let them do it themselves
Mama, I no fit shout o, but the post is an eye opener, most people give up too soon and trust me it's not their fault. This is why I will agree with the point he made for people to onboard themselves, If you brought yourself, no matter the disappointment, you may stay and probably tarry till you win.. hehehe...
Thanks for the tag ma
Yes the post has useful tips to note. I also agree with people onbording themselves so they'll be able to take whatever that comes out of it, without putting blame on anybody.
You're welcome. I say make I motivate you small 🤣.
!BBH
Hahhah, Omo, person really need this motivation o🤣
Haha. My duty is to post a link, your duty is to do your own research. Because one may not being informed to onboard himself, so I send you the link, you do your research.
Since one may not be informed enough to on-board themselves, as the one sending the link, you should have researched and confirmed that the project will pay. No be to send me to start doing research again 🙄
Web3 is not an easy grind at all. So much effort for so little return. But stories like this show why some stick with it. No guarantees, just patience and endurance. One win can make all the losses worth it
No guarantees indeed, but it's rewarding eventually, it's just that it can be very uncertain and many do not like "uncertain"
people usually prefer predictable and certain
There are no guarantees on rewards. So people put in that work, and it worked out for them. I might envy them, but I know that it wasn't just luck. It requires work, and some of those projects will work out. After all, there will always be a few success so the failures shouldn't keep you down.
I envy them too, but then one must applaud the work and effort they actually put in. In this case, I was actually thrilled about the sucess story of the person I talked about. It was such a delight to finally win.
This aspect of no guarantees is the most difficult part to stomach, web3 is really the wild west of opportunities, we can try out a lot projects and raise decent money to invest within the space only to lose most of it into the hands of irrational market forces.
It's harder for believers like us too, but we've been in the game and understand that we cannot continue to be unlucky forever
Definitely! Eventually the big payday will come and we'll find luck on one of the doors that are knocked.
I'm counting on that for myself actually..
A hussler could win/earn enough to keep them going, but not enough to make a difference, which would be very unsatisfactory for many. That's the risk!
Well we all have to be hustlers someday, unless you inherited some decent amount of money, or wants to stay in 9 to 5 forever. The hustler tag is probably not easy