Sanmis, Engineer Investor (@smbitw) profile picture

Software Engineer in NZ 🇳🇿 Building $250k → $1M publicly Bitcoin | Stocks | Systems Sharing the journey

Joined October 2010
Photo by Sanmis, Engineer Investor (@smbitw)Photo by Sanmis, Engineer Investor (@smbitw)Photo by Sanmis, Engineer Investor (@smbitw)Photo by Sanmis, Engineer Investor (@smbitw)Photo by Sanmis, Engineer Investor (@smbitw)Photo by Sanmis, Engineer Investor (@smbitw)Photo by Sanmis, Engineer Investor (@smbitw)Photo by Sanmis, Engineer Investor (@smbitw)Photo by Sanmis, Engineer Investor (@smbitw)Photo by Sanmis, Engineer Investor (@smbitw)
Started with $48K in April → now $71K in November (+49.6%). No hype, no shortcuts — just reading, testing, and refining what works. Goal: $1M in 2 years. Let’s see how far discipline and reasoning can go. 📈
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‘There is only one world, the world pressing against you at this moment. There is only one moment in which you are alive, this minute here and now. The only only way to live is by accepting each minute as an unrepeatable miracle’ - Storm Jameson
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Sanmis, Engineer Investor retweeted
For those of us who beat ourselves up, this book is a godsend. It is not nearly as woo-woo as it might seem. It was recommended to me by a neuroscience PhD who said it changed her life, then by another cynical friend who said the same.   It is one of the most useful books I’ve read. It’s easy to digest, and I suggest one short chapter before bed each night.
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“When we understand that each day isn't one more day, but one less, we start giving more value to what truly mattered.”
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Just a reminder that $HOOD sells their stop loss information to Citadel Yes mistakes happen But a swing from -10% to +15% is a lot of money retail investors TYPICALLY set their stop losses at -10% This is not a coincidence Citadel showed last week that they are above the law and nothing will be done to stop them.
$ZETA +14% Remember this was -10% post earnings because $HOOD could not read a report.
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“To a disciple who was forever complaining about others, the Master said, ‘If it is peace you want, seek to change yourself, not other people. It is easier to protect your feet with slippers than to carpet the whole of the earth.’”​ — Anthony de Mello
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never waste a good crisis
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Google $GOOGL investors waking up this morning
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It’s mostly Goog and nvda doing the hard work for me.
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This is Long Term Investing Holding for 3 months is not.
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An email from Coach Sommer I revisit often: Hi Tim, Patience. Far too soon to expect strength improvements. Strength improvements [for a movement like this] take a minimum of 6 weeks. Any perceived improvements prior to that are simply the result of improved synaptic facilitation. In plain English, the central nervous system simply became more efficient at that particular movement with practice. This is, however, not to be confused with actual strength gains. Dealing with the temporary frustration of not making progress is an integral part of the path towards excellence. In fact, it is essential and something that every single elite athlete has had to learn to deal with. If the pursuit of excellence was easy, everyone would do it. In fact, this impatience in dealing with frustration is the primary reason that most people fail to achieve their goals. Unreasonable expectations timewise, resulting in unnecessary frustration, due to a perceived feeling of failure. Achieving the extraordinary is not a linear process. The secret is to show up, do the work, and go home. A blue collar work ethic married to indomitable will. It is literally that simple. Nothing interferes. Nothing can sway you from your purpose. Once the decision is made, simply refuse to budge. Refuse to compromise. And accept that quality long-term results require quality long-term focus. No emotion. No drama. No beating yourself up over small bumps in the road. Learn to enjoy and appreciate the process. This is especially important because you are going to spend far more time on the actual journey than with those all too brief moments of triumph at the end. Certainly celebrate the moments of triumph when they occur. More importantly, learn from defeats when they happen. In fact, if you are not encountering defeat on a fairly regular basis, you are not trying hard enough. And absolutely refuse to accept less than your best. Throw out a timeline. It will take what it takes. If the commitment is to a long-term goal and not to a series of smaller intermediate goals, then only one decision needs to be made and adhered to. Clear, simple, straightforward. Much easier to maintain than having to make small decision after small decision to stay the course when dealing with each step along the way. This provides far too many opportunities to inadvertently drift from your chosen goal. The single decision is one of the most powerful tools in the toolbox.
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Major cheat code in life: When someone gives you just enough attention to keep you around but never enough to feel secure, that's not mixed signals. That's a strategy. They know exactly what they're doing. The randomness is the point. Stop waiting for the consistency that's never coming.
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STANLEY DRUCKENMILLER: “I JUST DON’T CARE WHAT I PAID FOR A STOCK. IT’S ABSOLUTELY IRRELEVANT.” “If the reason I bought a stock is no longer the case, I don’t care if I bought it at 60 and it’s 50. I have no emotion whatsoever.” “There’s resistance at certain prices because a bunch of people bought at 60, it went down, and they’ve been waiting 3 or 4 years for it to get back. Meanwhile they could’ve been in something else going up the whole time.” His friends and fellow investors say he’s “entirely unemotional.” His response: “Yes. I’m told that’s true.” Is that the key to his success? “I think it’s a big part of it. Being open-minded and having humility. The only reason you can change your mind is if you’re not arrogant about a position.”
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Cautionary tale. A friend was just hacked. He got a new computer, downloaded a ledger wallet app, entered his keys and his bitcoin was instantly gone. Sadly it was a fake ledger app, which should not be allowed to exist in the App Store. Be careful out there.
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Some sunsets are breathtaking
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