Artur Schaback⚡️ @ArturPaxful

In trading speculation there are multiple times to make money, lets break down starting in descending order with first making the most

1/8

— Artur Schaback⚡️ (@ArturPaxful) February 28, 2022

2/8 Insider information - being close to information either on macro level in politics or close to the management of the company guarantees you will know which direction stocks go

— Artur Schaback⚡️ (@ArturPaxful) February 28, 2022

3/8 High frequency trading - entry threshold is low as long as you come up with your algo strategy. These companies tend to be super secretive. Exchanges don't really like this type as it does extremely a lot of volume. In US to get edge you as HFT have to pay extra to get edge

— Artur Schaback⚡️ (@ArturPaxful) February 28, 2022

4/8 like replace fiber cable with microwave cable to exchange's server, in Europe the access is fairer as everybody needs to have equal playground

— Artur Schaback⚡️ (@ArturPaxful) February 28, 2022

5/8 Arbitrage - crypto-to-crypto or crypto-to-fiat. You heard Kimchi premium where on South Korean exchanges bitcoin was at least 5% more than on other exchanges. You have to find trade route and banking partners or if it's crypto to crypto enough liquidity across different pairs

— Artur Schaback⚡️ (@ArturPaxful) February 28, 2022

6/8 crypto-to-fiat where crypto has different price either due to geographical location or payment method. @paxful has 300 ways to buy and sell crypto and has many arbitrageurs who sell crypto for people in need while earning profit from it

— Artur Schaback⚡️ (@ArturPaxful) February 28, 2022

7/8 Fundamentals - analyzing company records, strategy, team. It is Warren Buffet style or in a more extreme saying - corporate raiding. Success is not always 100% in here.

— Artur Schaback⚡️ (@ArturPaxful) February 28, 2022

8/8 Penny stocks - It's a wildcard. ICO/DeFi/Web3 could be that - you buy into promises of a whitepaper, perhaps got an early allocation of tokens. Now you just wait, bet on the team and hope for possible many x-es returns

— Artur Schaback⚡️ (@ArturPaxful) February 28, 2022

So how do you clean up the (2)(3) mess? You make it sound like (2) happens too often. And what is the best advice for the ordinary person? "The man on the street?" Buy into crypto and just wait?

— Paramendra Kumar Bhagat (@paramendra) April 14, 2022

The Masses, Not Mars?

The Masses, Not Mars

You are on the right track. https://t.co/ovG3rR1yjK

— Paramendra Kumar Bhagat (@paramendra) April 14, 2022

Marc Is A Dud

The Masses, Not Mars? https://t.co/q4PLgKom2P @raypaxful @arturpaxful @elonmusk @jack @pmarca @katiehaun @cdixon @fredwilson @albertwenger @thegothamgal

— Paramendra Kumar Bhagat (@paramendra) April 15, 2022

This morning Musk bid $54.20 a share to buy the rest of Twitter and take it private -- nearly 40% higher than Twitter’s stock price in January before Musk started buying.

Anyone concerned about another oligarch taking over a news source?

— Robert Reich (@RBReich) April 14, 2022

The Masses, Not Mars? https://t.co/q4PLgKom2P @Scobleizer @RBReich #ElonMusk #ElonMuskTwitter #TwitterTakeover #Twitter

— Paramendra Kumar Bhagat (@paramendra) April 15, 2022

30 years ago today, construction workers in the city of Chicago damaged the wall of an abandoned utility tunnel beneath the river. The resulting breach caused 250 million gallons of water to flood the city and ultimately cost $2B in damages (equivalent to $3.7B today).

— Brett Newman (@bnewmski) April 15, 2022

i♥️u

— Elon Musk (@elonmusk) April 14, 2022

Because you were meant to invest: https://t.co/ADxzpQtmHl

— Paramendra Kumar Bhagat (@paramendra) April 15, 2022

Leadership Tips By Jacob Espinoza

13 concepts to understand before you lead a team:

— Jacob Espinoza (@MrJacobEspi) April 11, 2022

1. Everything starts with trust

Your team needs to know you are competent and have integrity.

The easiest way to show them you have both is by doing what you say you will do.

- Write down your commitments
- Proactively manage expectations

— Jacob Espinoza (@MrJacobEspi) April 11, 2022

2. Conflict is a Constant

Hoping conflict will go away by ignoring it is like hoping weeds in your garden will go away when you ignore them.

Your goal is not to hope conflict disappears because it won't. Your goal is to get better at managing it.

— Jacob Espinoza (@MrJacobEspi) April 11, 2022

3. Seeds Depend on Soil

You can create healthy soil in your organization by listening deeply to people at all levels.

Understanding their goals and obstacles will ensure you can provide the support they need.

Creating healthy soil will allow ideas to flourish.

— Jacob Espinoza (@MrJacobEspi) April 11, 2022

4. Clarity is Speed

Be ruthless about making sure all levels of your organization understand their priorities and Why their work matters.

Great leaders keep the vision visible.

— Jacob Espinoza (@MrJacobEspi) April 11, 2022

5. Focus on Strengths

The things that are recognized get repeated. Make sure your team recognizes the value they bring.

Your team will be more engaged and more likely to stay when they have a manager who focuses on their strengths.

— Jacob Espinoza (@MrJacobEspi) April 11, 2022

6. Develop a Coaching Culture

When you spend time developing your people, you save time fixing unnecessary problems.

Plus:

- More collaboration
- Better performance
Interested in creating a coaching culture?

Be the first to know about my cohort👇https://t.co/DiBfp0KJyf

— Jacob Espinoza (@MrJacobEspi) April 11, 2022

7. Know Your Gaps

You can’t be good at everything. Develop a partnership with people who complement your strengths.

Side note: these are likely people you initially have a conflict with.

— Jacob Espinoza (@MrJacobEspi) April 11, 2022

8. Invest in Yourself

As you gain influence, working on yourself has a multiplying impact.

Improving your leadership skills will allow you to be more effective in improving the lives around you.

This is a big deal!

— Jacob Espinoza (@MrJacobEspi) April 11, 2022

9. Be Urgent With Feedback

Don't wait 10 days for a conversation that will take 10 minutes.

Remember, the purpose of feedback is to help.

Be direct with feedback because you are invested in the success of others.

— Jacob Espinoza (@MrJacobEspi) April 11, 2022

10. Empower Decision Makers

Make sure your team understands the big picture and give them guard rails to work within.

When obstacles come up, you want them to be able to tell you why they made adjustments instead of coming to you for approval.

— Jacob Espinoza (@MrJacobEspi) April 11, 2022

11. Make it Easy to Talk About Mistakes

People are going to make mistakes. When this happens it's important for you to respond in a way that is aligned with your goals and values.

Creating a culture where people hide mistakes is expensive.

— Jacob Espinoza (@MrJacobEspi) April 11, 2022

12. Follow the 80/20 Rule

You need to know what 20% of your actions lead to 80% of your results.

Knowing this will make it much easier for you to say NO to the things not setting your team up for success.

— Jacob Espinoza (@MrJacobEspi) April 11, 2022

12. Protect Your Refresh Time

Know the things that keep you at your best, and don't let them become optional.

When you fail to stay energized, your team will feel it first.

— Jacob Espinoza (@MrJacobEspi) April 11, 2022

Most people fail on this one thing that is the easiest to do: sleep!

— Paramendra Kumar Bhagat (@paramendra) April 11, 2022

I've been developing leaders for the last 5 years.

Bad leaders all struggled for different reasons.

The best leaders all focused on these 7 principles:

— Jacob Espinoza (@MrJacobEspi) December 17, 2021

The Flywheel

Building a great team is like pushing a flywheel. It's really tough at first but builds momentum with each push.

Take this approach with your team, do the hard things now that will make your life easier in the future.

— Jacob Espinoza (@MrJacobEspi) December 17, 2021

Radical Candor

Radical Candor means you care personally and challenge directly. It is how you build trust. (Shout out @kimballscott)

Care Personally by being empathetic and grateful.

Challenge Directly by being straightforward and sincere with your feedback.

— Jacob Espinoza (@MrJacobEspi) December 17, 2021

5 Steps of Execution

Step 1: Clear Communication
Step 2: Clarify Expectations
Step 3: Trust but Verify
Step 4: Coach to Opportunities
Step 5: Recognition and Accountability

— Jacob Espinoza (@MrJacobEspi) December 17, 2021

Fail Fast, Fail Forward

Great leaders encourage their team to take chances and use failures as an opportunity to help their team grow.

Success is built on failures.

— Jacob Espinoza (@MrJacobEspi) December 17, 2021

Prioritize Developmental

Great leaders give their team space to grow, tools to succeed, and hold them to a high standard.

Effective Development requires all three of these components.

— Jacob Espinoza (@MrJacobEspi) December 17, 2021

Focus on Strengths

The best teams focus on the value each person on the team brings.

People who focus on strengths are 6x as likely to be engaged in their work and 8% more productive.

If you see someone being great, let them know!

— Jacob Espinoza (@MrJacobEspi) December 17, 2021

They Focus on Outcomes

Great leaders make sure their teams understand the mission and connect their work.

Once your team understands the desired outcomes, give them guidelines to work within and impactful incentives so you can watch them be great.

— Jacob Espinoza (@MrJacobEspi) December 17, 2021

This was excellent. Thanks, Jacob.

— Misha (@MishadaVinci) December 17, 2021