All this is similar to the problems of old, where drive by mining resulted in gaps of several days, however it's nowhere near as bad as that this time. The difficulty adjustment algorithm certainly isn't optimal - however given that many other coins have had similar problems, others may not be any better and could even be worse.
[meta] [misadventures of coinaday] Treading Water to Victory
I haven't had a lot to say lately. There hasn't been a whole lot new. I've gotten back into making chainmail again, which I haven't done since high school, along with following Tesla news obsessively because of my gamble on it. And, of course, doing the 9-5.
It's not a bad life, by any means. Considering that two years ago I was broke and homeless, while I now am renting a comfortable place I have all to myself and am making a good salary, I should probably be more enthusiastic about it than that.
It's not that I'm bored in the moment: if I get bored of chainmail, I can read for a while. Or I can listen to music and play some video games. There's always something else I want to do, and more things I want to do than time to do them in.
But taken at a broader perspective, the weeks pass by and nothing really changes. I do relatively simple tasks at work, with minor frustrations here and there which seem important at the time, but fade to nothing in hindsight. After the excitement of hitting it big with Raiblocks / Nano, it's pretty boring just getting the steady paycheck.
And yet this is the productive, sound path. I've certainly had occasion to learn what happens if I step off it. I'm trying to go from having a great reserve fund to having enough money to actually be financially independent for the rest of my life, and as I see it, I have three routes at the moment:
First, the crypto market could go through another boom like at the end of the last year and my NANO or even, in a totally crazy world, perhaps my NYAN could be suddenly worth a substantial amount (not that they aren't, at least in theory, now, but the former not as much as I'd like, being rather lower than its peak currently, and the latter being both lower than I'm willing to sell at as well as being very close to nonexistent volume currently); however, I'm not holding my breath on this one. I think it'll probably be a year or two at least before the markets are ready for another bull run like that again; it had been years between the peaks before with a long slow period in between.
Second, in theory, with a good income like I'm making now I could save up for perhaps a decade and with some reasonable investing have a very solid amount of money which combined with a much lower cost of living might lead to financial independence. That's the reasonable path and it's the option I'm keeping open by continuing to work. But I have a hard time seeing myself working for another decade.
Third, I've got my bets against Tesla. I'm feeling pretty comfortable with them, although it's disconcerting being rather confident they're in such serious trouble while also seeing the price so unaffected. The outcome here is going to be fairly telling in my view as a verdict on my judgement. If Tesla survives, I've badly misread and cannot expect that I can "beat the market". If Tesla goes bankrupt or its stock price crashes badly in the next year or so, then it's at least an indicator that I might be able to find major mispricing and it'll be a nice win in itself too.
But all of them require patience and a level of detachment. It's not necessarily my forte: I certainly don't like to wait for a year or more. And it feels like somehow I should need to be doing something more to have a chance. Working fast food felt more like a path to riches: not because it actually was in any way (spoiler: it's not), but just because actually doing hard work feels like it should be a path to success.
As I continue to be amazed by though, the most money I ever made was from something that wasn't even work (the Raiblocks faucet and eventual sales at the start of the year) and the hardest work I ever did (fast food) paid the least. Life ain't fair, and money especially so. It does have its own logic, though.
So, here I am, and here I remain. But eventually I'll move on again and find new adventures. In the meantime, I try to be useful at work and otherwise stick to my knitting, literally and figuratively.
I don't know that either of the two standard catch-phrases really fit here to close. While this might lead to higher heights, it seems too uncertain or too slow to quite fit. But I rather like the title phrase. Perhaps it'll be appropriate again in the future. And so I am