Who is Deepak?

Hi, my name is Deepak Machado and I’m a bitcoin enthusiast and an investor by passion.

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I welcome you to the Stoic Investor community. My investing principle is influenced by the greatest stoic philosophers like Marcus Aurelius, Epictetus, and Seneca.

The chief task in life is simply this: to identify and separate matters so that I can say clearly to myself which are externals not under my control, and which have to do with the choices I actually control. Where then do I look for good and evil? Not to uncontrollable externals, but within myself to the choices that are my own. EPICTETUS

My goal is to help beginner investors achieve success in investing in crypto and stocks.

After reading the above quote from Epictetus you will understand that you should only worry about what you can control when you plan to invest. And that is true in your life too.

Having this mindset will help you achieve most of your desires in life.

I’m a bitcoin enthusiast, do not mistake me for selling you the price of bitcoin.

That’s completely a different story!

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Bitcoin is much more than the price. Bitcoin ultimately leads to freedom.

When I stumbled across bitcoin around the year 2013, I completely ignored it.

I thought it was a bad idea.

It was not until I studied it, and read about it that completely changed my perspective.

And there was no stopping me. I became a believer in the philosophy behind bitcoin.

Here was ‘money’ in its new form staring at the wide world.

What I mean to say is bitcoin = money.

Now, everyone has a different definition of money.

If you think from the first principles point of view, bitcoin is the best and the hardest money that mankind has ever seen.

It’s even better than gold, which for centuries had been money.

And in this blog, you will learn and appreciate, why bitcoin is different and why bitcoin matters.

I’ve been vocal about bitcoin on various media in and out of Dubai. Here are a few of my thoughts:

Links to articles on bitcoin:

Khaleej Times: Are Cryptocurrencies Right on the Money?Opens in a new tab.

Khaleej Times 2Opens in a new tab.

Khaleej Times: Can bitcoin crash to ZERO?Opens in a new tab.

Gulf News: Confusion Reigns on bitcoin trade in UAEOpens in a new tab.

Al BawabaOpens in a new tab.

ZawyaOpens in a new tab.

Khaleej Times: bitcoin Asset Class in offing?Opens in a new tab.

deepak machado about bitcoin on Khaleej Times
deepak machado about bitcoin on Gulf News
deepak machado bitcoin gulfnews 1
deepak machado khaleej times 2

I too was in this camp once upon a time. But that has now changed. I now have a positive relationship with money. And from the day I started having this positive relationship with money, my life has changed for good. I’m Happier, I’m Wiser, I’m Richer.

And this is what I’d like to share with you through this blog.

While growing up, my brother and I had a good childhood and our parents never let us know what was going on below the surface. We were happy. I enjoyed my time with my grandparents.

Saving money was never my priority, for most of my career. I spent money on parties, gadgets, clothes, cars and so on. However, reality struck one day when I saw my finances. It was all over the place:

  • Credit card with huge outstanding (120000 dirhams at one point!!)
  • No investments to call my own (Except for some gold my mom forced me to buy!)
  • No proper planning of where I’d go with life

To a certain extent, I was depressed with the state of my finances. To further worsen my situation, I refused to accept or seek help from anyone. My financial life was kind of in a coma for more than 10 years into my career.

So, what changed me?

My Dreams.

I had audacious dreams…..like owning a good apartment, seven figure $ net worth, etc

Framework for successful life and finances:

I realized that my dreams will remain dreams if I do not take action on my dreams. And after reading several books, magazines, and articles, I developed my own framework to achieve my dreams.

I call it:


DGAHS: Dreams —> Goals —> Action —> Habits —> Systems

Whatever be your goal, if you follow this framework, your chances of success are 90%. Rest is luck!

I have a dream, a mission.

My mission is to help 10000 beginner investors achieve success in investing.

The most basic change you will need is your mindset. If your mind lives in the past and you’re trying to move to the future, this is incongruent.

Your dreams and your actions do not match. This was very hard for me too.

Here is what you will learn from this blog:

bitcoin: You need to learn about the future of money

Bitcoin has changed my perspective on life. Since the time I’ve come across bitcoin, I’ve learned each day. It’s a continuous learning process!

Along with this, you’ll also learn about Personal Finance, Investments, and Stocks. It’s good to learn about the basic concepts of money and where to invest your money.

So there you are!

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