Beginnings of a Digital Nomad: The Remote Year - Day 216 by theywillkillyou

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· @theywillkillyou ·
$39.83
Beginnings of a Digital Nomad: The Remote Year - Day 216
“Trying to cut costs has a clear floor. Income can go to infinity.”--Wall Street Playboys

![Phuket-Thailand-Steemit.jpeg](https://steemitimages.com/DQmdhRQqv1kYRq6vGsWRBW58npKf2Qu3D6Ge52BKgRQbGcQ/Phuket-Thailand-Steemit.jpeg)

<center><strong>January 22nd, 2017 - Day 216</strong></center>

<h3><center>Efficiency</center></h3>
Time is money, and therefore we must look for ways to maximize our *EFFICIENCY* in all aspects of life.

Working out improves *health efficiency*, tech improves *time efficiency*, and happiness improves *life efficiency*.

![Hot-Pot-Wonderland.jpeg](https://steemitimages.com/DQmfMoP9giHhk8xw6kf5hGe649ZwEEaCfJwUY3uJyZBXHGR/Hot-Pot-Wonderland.jpeg)
<center><strong>Eating healthy to improve health efficiency @ Hot Pot Wonderland, Hong Kong.</strong></center>

Efforts should be shifted from cutting costs to creating income. While there exists a limit as to how much you can save per day/week/month/year, there’s no ceiling to the amount of revenue you can generate.

![Bangkok-Thailand-Steemit.jpeg](https://steemitimages.com/DQmTZJANzqb27iRXmCWXX6mC58HavWp7vRXqMfqRXfwLx6P/Bangkok-Thailand-Steemit.jpeg)
<center><strong>"There’s no ceiling to the amount of revenue you can generate." Bangkok, Thailand.</strong></center>

How can I create revenue without a job? Making money is easy, for where there’s a will there’s a way. Steemit is one, while crypto-trading is another. Monetize off your skills on Fiverr. Rent out your spare bedrooms on Airbnb. Drive on Uber or walk dogs on Wag.

<h3><center>Passive Income</center></h3>
Generate, monetize, scale. INVEST! “You’re never going to get rich renting out your time.”--Naval Ravikant

Passive income is the most profitable income.

<center>https://steemitimages.com/DQmS45Rb4sxgnfMVqqLmDrBBDSnhLcqR9cYPXJuWMkjjR93/Phuket-Thailand-theywillkillyou.jpeg</center>
<center><strong>With the right investments, you're still making money while you're out spending it!</strong></center>

You never want to put your livelihood in someone else’s hands (i.e., boss, employer, etc.). Doing so establishes an employer-based prison, with you as its wage slave.

Self-generating revenue allows you to 1) get paid what you’re worth, 2) create implied opportunity costs, and 3) determine your own future/fate.

<h3><center>How Do I Get Started?</center></h3>
Putting theory into action, let’s take crypto-trading for example. @wolfofpoloniex released an extremely helpful article months ago here on Steemit titled “[Bare Basics of Trading Cryptocurrency](https://steemit.com/cryptocurrency/@wolfofpoloniex/bare-basics-of-trading-cryptocurrency).”

By first buying BTC and depositing it into an exchange (i.e., Bittrex, [Binance](https://www.binance.com/?ref=10709016), etc.), we can then use our BTC to trade against cryptocurrencies & implement Wolf’s recommended technical analysis techniques into our trades to find the most profitable positions.

![Crypto-Trading-Steemit.jpeg](https://steemitimages.com/DQme2Yg8A723CcvpiYeKznjh8p23dF7ry3VJjCsK1AxEV22/Crypto-Trading-Steemit.jpeg)

Ex: if STEEM is forming a descending wedge & is nearing its breakout point + the support is stronger than the resistance + the RSI is showing a bullish divergence = BUY; predicting a bullish breakout in the near future.

<center>https://steemitimages.com/DQmT6NBeq6TUPVjgMPv5mdjFHxhC7jqse5C7ujLghT5KQed/Blockchain-World-Conference.jpeg</center>
<center><strong>Blockchain World Conference hosted by Beyond Blocks (Bangkok, Thailand 12/04/18).</strong></center>

With the endless amount of resources made available for us on the internet, there’s no excuse why you shouldn’t be able to arm yourself with a specific skill set that can help you make money. Gone are the days of institutional education (where we pay $40,000/year for theoretical knowledge, a piece of paper, and a six-figure debt), for we’re now in the golden “information age”...the age of procuring a real, APPLICABLE education!

<center>https://steemitimages.com/DQmSNQdiTXjcLYjK8jLxswgDRohUd2RgyvFsFHj2PPZQfpo/Dan-World-Travel-Pro.jpeg</center>
<center><strong>Meetup with Dan @worldtravelpro in Bangkok, Thailand.</strong></center>

Check out past "Beginnings of a Digital Nomad: The Remote Year" posts here:
[Day 150](https://steemit.com/travel/@theywillkillyou/beginnings-of-a-digital-nomad-the-remote-year-day-150)
[Day 134](https://steemit.com/travel/@theywillkillyou/beginnings-of-a-digital-nomad-the-remote-year-day-134)
[Day 115](https://steemit.com/travel/@theywillkillyou/beginnings-of-a-digital-nomad-the-remote-year-day-115)
["The Haze"](https://steemit.com/travel/@theywillkillyou/beginnings-of-a-digital-nomad-the-remote-year-the-haze)
[Day 15](https://steemit.com/travel/@theywillkillyou/beginnings-of-a-digital-nomad-the-remote-year-day-15)
[Day 12](https://steemit.com/travel/@theywillkillyou/beginnings-of-a-digital-nomad-the-remote-year-day-12)
[Day 8](https://steemit.com/travel/@theywillkillyou/beginnings-of-a-digital-nomad-the-remote-year-day-8)
[Day 1](https://steemit.com/travel/@theywillkillyou/beginnings-of-a-digital-nomad-the-remote-year-day-1)
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@samsmithson ·
$0.03
Awesome post man! Very inspiring. I've currently been working for myself for the last 2 years traveling on and off making a passive income! Have you looked into Bitcoin Mining? Say Hashflare? Have an awesome week!
👍  
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@theywillkillyou ·
I don't know much about it myself aside from the basics, but my business partner/best friend Rene @world5list knows a TON about it! If you leave your mining-related questions here I'll be happy to direct them to him :)
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@jedau ·
$0.93
It feels great to be part of the pioneer group we find ourselves in. I feel like those who refuse to adapt to this brave new world is going to be regretting that they didn't switch earlier. Pretty soon, "income" will be a thing of the past, and nobody would need to work for a living. But, until that day comes, these alternatives you mentioned are a great way to pad your saving/spending money.

Nice to have you back posting regularly again, *kapatid!*
👍  ,
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@theywillkillyou ·
Hoy pare, glad to be back! You seem to be doing well yourself, so proud of you man, really :) With the price of STEEM going up, everyone seems to be well (at least the super early adopters like us). And congrats on breaking 1k followers!! I apologize for my absence & delay in response, but we're back in business & firing harder than ever! Hope you're doing great pare :)
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@jedau ·
I'm not doing as well as I hoped, but hey, I made a vow to just keep chipping away at it and not make a big fuss about my progress :D Great to hear that you guys are going to be firing harder than ever!
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@heyitshaas ·
$0.91
Angelo! Your are the doing great! very happy about that, thanks for sharing this inspiring post, I do agree its all about mindset and passion. Good to see you post again, sharing your tips and tricks to everybody.
👍  ,
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@theywillkillyou ·
Thanks man I'm happy to be back! Pretty admirable of your consistency as well throughout all this :)
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@world-travel-pro ·
$0.28
Great post Angelo. My goodness, I look awful! lol I recall being a little sick at the time, short on sleep and the next day I was traveling to the US. It's all good. We had a great time together. Fantastic post my friend. What great info you have shared! Keep up the great work! -Dan
👍  
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@theywillkillyou ·
No way man, we're good! Was really happy to have met you in person :) Thanks for taking the time out of your schedule (and the initiative) to set up that meetup. Still think back on it to this day with the fondest of memories.
👍  
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@world-travel-pro ·
The pleasure was all mine. Totally missed this message! But I see it know. We certainly had a good time hanging out! That is for sure :)
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@worldclassplayer ·
real cool stuff dude - totally align with what your about.

> Generate, monetize, scale. INVEST! “You’re never going to get rich renting out your time.”--Naval Ravikant

Really great quote.

Speak later - peace
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@theywillkillyou ·
$0.03
Thanks for your support brotha & glad to come across a like-minded individual such as yourself...followed! Looking forward to checking out more of your content :)
👍  
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