Miguel Sanchez (@miguelsanchez) • Hey

Creative Tech Entrepreneur & Investor from the Bronx. I help build projects that look to create equality for all. 🙅🏽 🚀 Co-Founder at @stackitai

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Nice to meet you all @ DeFi!
Proud to share that daily investments by Stackers have surpassed $2k! The incredible part? Without our product, many of our clients wouldn't be able to invest this much. We're empowering future freedom for people at a rate of $60k/month! 🤯 🚀✨ #StackersRising #InvestInYourFuture
It's been an amazing month for Stack! We've seen people invest more in a single day than they did the entire last month. We've been chatting with those who quickly get what we're about and are eager to try our app. But, here's the thing: We built Stack for YOU. Especially if you're someone who's unsure about their retirement savings plan or hopes to retire early. If that's you, we want to connect. Imagine investing $500 a month just by paying your regular bills! Curious? DM me or sign up for our email newsletter on our website. We're eager for you to try our platform, share your feedback, and help us assist even more people. Let's make your financial future brighter together! @stackitai.lens
I have had a few people ask me why I'm not buying XRP right now, Theres an old saying, "buy the rumor, sell the news"? That's exactly what's happening with XRP. The big news that XRP isn't a security has already come out, so we're seeing peak prices. Not exactly the best time to be buying, right? Feels more like I'd be buying from folks who caught wind of the rumors and got in early. Also, I gotta say, XRP's overall value just doesn't make sense to me. Its market cap is sitting at a hefty 38 billion right now, and the fully diluted market cap is 72 billion. That basically means if XRP's gonna reach and stick at null, we'd need to see $34 billion flow into this project over time. What's more, the total coin amount is a mind-boggling 100 billion, so we're talking about a need for a total market cap of $100 billion for XRP to be null. That's an additional 62 billion dollars from today basically a 2x. Now, how does XRP stack up against other cryptos? Well, if the coin distribution stays the same, XRP would need $25 billion to flood into its ecosystem just to hit null. Picture the entire market cap of USDC deciding to up and move into XRP. And when you consider Cardano and Solana - both with an $11 billion market cap - you realize XRP would need more than their combined worth to pour in. And the kicker? Consider Matic, one of the most popular cryptos out there with a market cap of $7.5 billion. XRP would need three times the buying power of this crypto superstar to even hit null. Now, doesn't that make you think there might be better bets out there?
Stack reached three pretty cool milestones yesterday. First off, we set a new record for the most transactions in one day. This means more wallets than ever were making automated investments for our users. Second, we handed out our very first bug bounty. Yeah, it was a bit bittersweet - we had other plans for that cash. But, fixing a potential vulnerability, no matter how small, only makes our project stronger. Plus, we've got a white hat hacker on the team now. Third, we celebrated our second-ever http://Stack.Day contest winner. I can't wait to increase the prizes over time and use this format to boost awareness of what we've built. http://Stackit.ai #buildinpublic
Wow, Stack just automated the biggest transaction in its short but sweet history! I'm building this thing out in the open. I'm all for celebrating the highs and learning from the lows, all in full public view, haha. One thing that's got me thinking is how quickly the well-off crowd is jumping on board, but the folks I really built this thing for aren't. I mean, the big idea here is to help a billion people worldwide to be able to invest enough to retire or, at least, to have more control over their time as soon as possible. I'm all ears for ideas from anyone and everyone. In the meantime, go ahead and tell your rich buddies about Stack! Just kidding (Not really lol)
Have you ever taken a moment to think about what financial freedom looks like to you? In a world where the hustle to pay bills often dominates our lives, it's easy to lose sight of what the future might hold. Imagine working diligently, saving consistently, even owning a home, only to discover one day that your resources didn't stretch as far as you'd hoped. The idea of downsizing your lifestyle isn't anyone's dream retirement. But what if there's another narrative? Every memorable concert, every dinner with friends, or every trip could also serve as a stepping stone toward your future financial stability. Consider a system where every expenditure isn't just an expense, but also a large investment in your future. A personal finance ally that helps ensure you can maintain the lifestyle you choose, not one dictated by circumstance. Let's start a conversation. What does financial freedom look like to you, and how are you building your path toward it? I would love to hear your thoughts and learn from each other's experiences.
I'm flooded with people asking me how to buy XRP now that it's pumping - a classic case of FOMO among unseasoned investors. These are the people that will later call crypto a scam lol. Remember folks, never buy when the price is high, that's Investing 101. This reminds me that the true value of Stack, my brainchild in the crypto world, will only be widely recognized during a bull run. Yes, there will be profits when that's happening, but the true opportunity is now. We can't change human nature but we can attempt to guide it. Hoping to inspire more thoughtful investing strategies in this exciting yet volatile crypto market.
Every Friday is now Stack Day! Enter To Win 50 USDC Every Friday we’re sending out a stack! Visit Stack.day to enter every week! @stackitai.lens
Entries are growing be sure to enter by tonight! Visit http://stack.day to enter to win $50
Everything people THINK Threads is, Lens REALLY is!
As an entrepreneur or artist you have to use the fuel of most people not believing in you to light that ever growing motivation fire 🔥 Happy Friday!
Ha I messed up and scheduled the end of this weeks 50 Usdc giveaway on stack.day for tonight so you all have 24 more hours to enter to win. Good luck!
Maximize Every Dollar. @stackitai.lens
So, here's the thing - I built this app, @stackitai.lens , with the idea of helping folks who don't have a ton of extra money find a way to invest more than they'd be able to otherwise. But what I'm seeing the opposite, it's mostly well off people who've got more money to spare who are using the app. On average, they're investing about $1033 more than what they're putting aside after covering their expenses. They're investing around $1488 a month, and that's after putting in an extra $455 on top of their monthly expenses. What I really need to do is find a way to bring in people who don't have as much spare cash, because helping the wealthy get wealthier wasn't what I had in mind when I made Stack. So, if you've got any thoughts on how we can do this, I'm all ears!
I'm doing a public focus group lol, What do you think we do when you read the next two sentences? Maximize Every Dollar. Re-imagine spending, turn expenses into Bitcoin & Ethereum! Thank you to anyone who reads and or answers this.
GPT-4 Functions Crash Course - Full Stack AI with Replicate, Next.js, & OpenAI GPT Function Calling Learn how GPT Functions and Function Calling works, and how to use them to build a full stack application with Replicate and Next.js. Codebase https://github.com/dabit3/openai-functions-god-app
The Stack app full walk-through Use stack to invest while paying expenses: http://app.stackit.ai https://quickswap.exchange/ https://polygonscan.com/
Every Friday is now Stack Day! Enter To Win 50 USDC Every Friday we’re sending out a stack! Visit Stack.day to enter every week! @stackitai.lens
Hey Everyone! Stuck in a job that doesn't suit you? Feel like your money could be working harder? We've working on our white paper that's all about making sense of money and smart investing to help people live better lives! We need your thoughts! Do you get it? Does it ring true? Check it out and let us know what you think in the comments. Your feedback makes a difference! #Finance #Investing #MoneyMatters #StackWhitePaper **Problem statement** Most individuals are not engaged in their ideal careers, and what's worse, they can't see a clear pathway to finding a fulfilling career, retiring, or quitting. We're often told that happiness comes from doing what we love, but if most of your time is consumed by a job you dislike, can you truly find happiness? This is where the financially prosperous leverage money and investing to spend more time doing what they love. It's a lesser-known fact that earning a living is not just about making and spending money. If you learn to invest your earnings wisely, your money can begin to multiply independently, almost as if it's working for you. This strategy could provide greater control over your future and might even facilitate retirement or reduce reliance on a less-than-desirable job. However, it gets complicated: numerous people would love to invest more, but after paying essential expenses like rent, groceries, and bills, many feel they have inadequate funds left to invest substantially. Moreover, a significant number of individuals lack a thorough understanding of the intricacies of finance and investing. If this confusion is so widespread globally, what are the implications for our society? This paper aims to explore a resolution to this pressing issue. Stack seeks to assist people in gaining a more comprehensive understanding of money and investing, aiding them in identifying optimal ways to maximize their current income, and exploring automation of the process. This approach could be a key to improving conditions for the majority of individuals worldwide.
The Story of @stackitai.lens https://www.miguelsanchez.world/blog/msw-055-the-story-of-stack
I want to try a #web3 experiment lol. Ill give the first 50 people who Like and Mirror the post i'm highlighting below and DM me their wallet address 1 USDC. #lens #lenstube
Have you noticed how some folks are quick to call a company 'woke' just because they're trying to connect with all types of customers? It's like they think it's some kind of conspiracy, instead of just good business. I can't wait to see their faces when AI starts making ads. We're talking super-personalized ads for every single person. None of this 'one size fits all' stuff. The funny part is these people don't realize they don't have to watch an ad not made for them. Maybe they should be asking themselves why they care so much hmmmm lol. And don't even get me started on the amount of time some people spend worrying about this stuff. Like, don't you have a life? Or at least a hobby? The world's full of different people and it's about time companies spoke to ALL of their customers. SMH
Question for Lens - what are the best, or your favorite, sci-fi movies of all time?
Forget Payday, now every Friday is Stack Day! https://stackit.ai/stack-day-the-weekly-contest-that-rewards-financial-empowerment/
Introducing Stack Day!
Turn $145 into $500 of BTC & ETH: Monthly Strategy Revealed Test Stack with any amount at http://app.stackit.ai Full Stack App Walkthrough: https://youtu.be/RsZO6e1Sm_4 How to deposit money into your decentralized wallet: https://www.youtube.com/watch?v=fI143sZ7SZw Investing $500 a Month Can Help You Retire Early In this video, I discuss the importance of investing early and often. I show that by investing just $500 a month, you can reach your retirement goals much faster. I show the power of compound interest to illustrate my point. I show how, over time, even a small amount of money can grow into a large sum. For example, if you invest $500 a month for 30 years, at an average annual return of 7%, you will have over $500,000 by the time you retire. Of course, there are no guarantees in the stock or crypto markets. But if you're willing to take some risk, investing $500 a month can be a great way to secure your financial future. Here are some of the benefits of investing $500 a month: You can reach your retirement goals much faster. You can reduce your reliance on Social Security. You can have more control over your financial future. You can leave a legacy for your loved ones. If you're not sure where to start, there are a number of resources available to help you. You can talk to a financial advisor, or you can do some research on your own. There are also a number of online investment platforms like Stack (http://stackit.ai) that make it easy to get started. The important thing is to start investing now. The sooner you start, the more time your money has to grow. So what are you waiting for? Start investing today! Here are some additional tips for investing $500 a month: Set up an automatic investment plan. This will help you make regular investments, even when you don't feel like it. Choose investments that are appropriate for your age and risk tolerance. Rebalance your portfolio periodically to make sure it still meets your needs. Stay disciplined and don't panic sell during market downturns. By following these tips, you can increase your chances of success in investing $500 a month. 📺 Subscribe to my channel for more insightful videos on cryptocurrency, investing, and more: http://msw.li/youtube 🔔 Hit the bell icon to get notified of our latest uploads and never miss an update! 👉 Follow me on social media: http://MSW.li 💡 If you have any questions or suggestions, please leave a comment down below, and we'd be happy to address them in future videos! Disclaimer: This video is for informational purposes only and is not financial advice. Please do your own research and consult with a financial advisor before making any investment decisions. Ready to Change Your Life? Get Instant Access to the Exclusive FREE RETIRE YOUR BILLS Training - http://msw.li/ryb Claim Your Free Stock Now: http://msw.li/robinhood Get $10 of Free Bitcoin: http://msw.li/coinbase Protect Your Crypto and Help my channel: http://msw.li/ledger Donate To MetaBronx: http://msw.li/donate Buy A .hiphop Domain Name: http://msw.li/dhh http://MiguelSanchez.World
Here are the six key lessons I learned during the last NFT bull run that are guiding me to make a better start this time around. I'm fully convinced that NFTs are set to play a crucial role in the future of the internet. Back in 2021, like many of us during the pandemic, I spent countless hours on the Clubhouse app. The more I engaged in discussions about the potential of NFTs, the more bullish I became on the concept. Gathering the courage to buy my first NFT was an exhilarating experience, taking me down a fascinating rabbit hole that I'm still navigating and don't plan to leave anytime soon! But as is the case with any newbie, I stumbled and made some errors on my first try. Here are the six biggest blunders I made while buying NFTs in 2021: 1. Spending My ETH on NFTs Funny, right? After all, how can you buy NFTs without spending ETH? But here's what I discovered pretty quickly: the likelihood of ETH appreciating and providing a substantial ROI is much higher than that of most NFTs. The first NFT I bought cost me .611 ETH plus a .043 gas fee. At that time, ETH was valued at about $1200, which means I forked out $784. Honestly, I didn't think it was worth that much, but I fell prey to FOMO and went ahead with the purchase. As the value of ETH skyrocketed to $4,878.26, I realized that in essence, I had paid $3,190 for the NFT. And as the value of my NFT decreased in terms of ETH, I realized my mistake. That's when I decided I needed a more efficient system if I was going to continue investing in NFTs. Luckily, I had been exploring DeFi for about a year by the time I bought my first NFT. This exploration led me to devise a safer strategy for NFT investments. I began depositing the equivalent ETH or USDC value, along with a little extra, on the @AaveAave platform, specifically #onPolygon for lower fees. I would then borrow the amount I intended to spend on the NFT and swap the collateral for other tokens that I believed were more likely to appreciate over time. This allowed me to maintain both my NFT and safer investments. When the market dropped and the value of the collateral assets started to decrease, I'd convert the volatile assets back to USDC to protect my loan. Then, when I thought the timing was right, or I deposited more money into Aave, I would invest again. This system is the cornerstone of my app, @StackItAi , and is now my standard approach whenever I buy an NFT. I invest as much in BTC and ETH as I do in any NFT I purchase. Worst-case scenario, I end up with a loan equivalent to the value of the NFT and BTC and ETH of the same value. Stack vigilantly monitors the market for any drastic drops and auto-converts my BTC and ETH back to USDC to safeguard the loan and continues investing for me when the timing seems right. 2. Succumbing to FOMO Keeping FOMO at bay is one of the hardest aspects of investing, especially in NFTs. The allure of visual items and interactive communities is hard to resist. To overcome this, I've learned to detach myself emotionally and really understand why I am investing in any particular NFT. Of course, I want to profit from all my investments, but I have to remind myself that this is not always achievable. Therefore, before purchasing any NFT, I need to convince myself of its value outside of its potential monetary return. 3. Understanding the Actual Purpose of Buying NFTs are unlike stocks or coins; they are more akin to real estate or art. The value of the asset is not solely derived from an increase in its price. You can also extract value in other ways. For instance, being a part of an NFT project can help you network and potentially meet your next business partner or investor, even if the value of the project decreases. In my opinion, that's totally worth it. So when I consider buying into an NFT, I scrutinize the mission of the project and the kind of community it is likely to attract to help me make my decision. And of course, loving the art is always crucial, or is it! 4. Being Okay with Owning Just the Art I was initially drawn to NFTs because of my background in art. I saw NFTs as a way to create globally valued art with less gatekeeping. However, I also understand that most art won't necessarily increase in value. It's the artists with strong teams and marketing skills who generally see value appreciation over time. This scenario is rare, and it's highly unlikely to pick the winners unless you invest in a lot of them. I recall missing out on the Bored Ape Yacht Club simply because I didn't resonate with the art. Instead, I bought an Art Block that I liked. I went in knowing that if the art lost all its value, I'd still appreciate owning it. Do I wish I bought a Bored Ape? Of course! But predicting which projects will take off is challenging, so it's best to diversify and be involved in as many projects as possible. 5. Putting All Your Eggs in One Basket NFTs and crypto in general remind me a lot of venture capitalism. Having run a startup accelerator for over seven years, I learned that the wealthiest people aren't necessarily smarter; they're just involved in more projects. When a VC firm raises a fund, they invest in numerous projects hoping that a handful of them will yield significant returns. The same principle applies to NFT investment. I approach my investments like a personal VC fund. I diversify my investments, taking part in various projects and communities. I also aim to network in each community I buy into and use my app Stack to ensure I'm investing in BTC and ETH as well. The major difference between a VC fund and investing in NFTs is the exit strategy. One of the hardest parts of NFT investing I have not figured out yet is knowing when to sell. 6. Not Cashing Out When You're Ahead It's an awesome feeling to watch the value of one of your NFTs rise well past what you paid for it. The problem again is because an NFT is not just a cold stock or coin; it's a visual and a community you most likely fell in love with, and it's harder to part with. During the last NFT bull run, I didn't sell one NFT. In fact, I actually started selling at the lows because I needed the money to build Stack. This time around, I will be much more mindful of exiting projects that are winners, knowing I'll be able to buy back into them at a later date for less, just like a stock or token. Yes, you won't always get that right, but as the saying goes, you can't go broke taking a profit!
Official rAAVE Paris video drop! Collect and bottle that rAAVE feeling ✨ from Paris, with love 👻 🇫🇷 🪩 ...all proceeds will be donated to @shefi.lens
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I have been in Austin all week for NamesCon learning the domain business. Digital real estate has been around for a while a lot we can learn from the .com Web1 era that can be used now for the Web3 future.
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On traditional social media platforms, Creators are limited to slim revenue shares and Users can’t monetize their data, which are profited only by platform providers. 😩 With @lensprotocol both can now access a variety of brand new monetization models. 🌿 With @lensbooster.lens it is possible to monetize the engagement of the followers even on third parties' content! Welcome to the engage-to-earn era! 🚀 We are calling out Creators to beta test our decentralized adv protocol!🔌 Join our discord for more: https://t.co/alYBThZfXX