The HEX Cult

This comes up from time to time.

Is HEX a cult or just people who are loyal to a brand, working primarily in their own self-interest and want to thrive in a community with like-minded individuals with visions of a brighter future?

Exactly what someone in a cult would say, right? 😆

What’s the downside?

Let’s keep this simple and we could have a much longer, in-depth discussion where we dig into each idea and reveal it’s merit, application or lack thereof.

So say that it is. I don’t think it fits the traditional definition, but for example let’s just say it really is a cult.

The cool thing about asymmetric investing is worst case it all goes to zero, best case you get filthy rich. Everyone must decide for themselves, but I like the odds.

What about opportunity cost?

If the PulseChain ecosystem fails and HEX dies, all that money and time could have gone into other crypto projects that appreciated in value and rewarded those community members.

Another way to mitigate risk is not to go all-in with every single dime you have. This can lead to being over-leveraged, where you essentially put yourself on a timeline of when you need the investment to pay-off, else you can’t pay bills or have to further sacrifice quality of life to stay in. The most common safety phrase in investing is “don’t put in more than you can afford” and I believe it has helped many people today.

Now this is different from diversification, which can exist on a spectrum, but also is quite a debatable topic. Some believe it’s too often used as an excuse for ignorance or lack of conviction or strong investment thesis of a product and others fine tune their strategies around it, cycle by cycle.

I like to put my money where I believe it will be treated best, where I know the game that’s being played and see a clear path for it to multiply.

Most of crypto is just not very transparent, with many joining private groups to try and gain an edge. I’d rather my edge be information and analysis with the ability to just buy products designed to appreciate and play healthy games that avoid purely zero-sum outcomes.

What if it’s real?

Well, there’s plenty of data to suggest it already is.

Lots of people have reported being able to pay off their mortgages, parents mortgages, buy houses, retire and live the life of their choosing. HEX did a 10000x in price appreciation from the all time lows in 2021. PulseChain and PulseX had billions of dollars sacrificed for it. Benevolent whales in the ecosystem would love nothing more than for it to go to the moon, the numbers and nuance makes this pretty clear.

Best case against this being a (traditional) cult is that cults, in the end, turn out badly and along the way they reinforce unhealthy habits.

This community’s core values are literally the opposite. We promote self-sovereignty, delayed gratification, compound interest, getting rich and using money to do amazing things in the real world. Health, wealth, happiness and the American dream and all that good stuff.

People have left the community and some have returned. Everyone is free to do as they see fit, no obligations. There is no HEX company, we don’t work for Richard Heart and he doesn’t work for us, it’s a great relationship.

So is it a cult or a fierce community of people with shared ideas, aligned towards a common goal? Kinda sounds like the idea of Hexico, too.

And what is the end anyways?

It can be confused with a bad judgment call and being upset with buying the top and getting stuck treading water waiting for it to go back up the next cycle, but that’s completely on the individual as no one is pressing the buy or sell buttons for them. No one is telling them to listen to influencer X who says its going to the moon even after it’s done incredibly well already. Personal accountability is a must if you want to really own your wins and learn from your losses.

Is there an end to Bitcoin? Tesla? Fiat money?

Taken to the logical extreme, everything that grows is a ponzi or a scam depending on how it benefits or damages you in your group with your timeline and your goals. Something can definitely be true, but not very useful.

The HEX website explicitly addresses every supposed scam angle in a constructive way so you can decide for yourself. Thousands of people are OK with the risk, not too different than many other cryptos, and are aligned with the shared values. It’s not for everyone, but to many it’s the product they’ve been looking for.

Careful who you follow

I prefer following people who are smart, demonstrate good judgement and are consistent. They have vision and preferably aren't broke. I want them to have no reason to rug me. Everything else is noise or at best entertainment.

I’ve heard all the criticisms. I disagree with many, but disregard most as I don’t need to believe in everything a person or group stands for as long as I agree with the important pieces.

After following Richard Heart for 7+ years now, I can truly say that I am very much OK with my decision. It’s did nothing but help me financially, provide wisdom and perspective as well as give me a place where my talents can be best utilized.

The people who don’t like HEX or PulseChain usually just don’t like Richard Heart and naturally any product he creates. The code is solid, the community huge and the ideas evergreen. It’s actually much easier to question the motives of people who don’t support him, but almost no one thinks past the headline or post they see from someone popular yet uninformed (or with bad intentions).

Could you be wrong?

So does it look like a cult, but is actually a movement?

Could you have stumbled across a real product with real product market fit and a community the is doing everything they can to win, buy their own time and wield money as a tool for freedom?

It sounds grandiose, unbelievable and a long shot. But we aren’t the first community to do it and we might not be the last. Every crypto cycle mints new millionaires, some flashy and some quiet. You might be surprised at what enough hard work over time can do. Compound interest is incredible. And I believe you can make your own luck if you work long enough at it.

Having an open mind and listening to hours and hours of Richard Heart speak tends give people a good idea of what he is about. He wants glory and he wants to achieve it by being a positive force in the world. I’ve also written previous posts like this one on Glory which is a topic key to understanding his motivations. He even wrote a couple books containing many of his best ideas, which was turned into a full audiobook and I’ve covered extensively on the site. If you really want to evaluate the guy, read or listen to his book or binge his quotes from it. I try to judge people by their words, actions and motivations and he ticks all the boxes for overall good guy to me.

Feel free to binge this playlist to see what I’m talking about.

Exciting times ahead!

May you have the freedom you desire and maddest of gains you deserve regardless of your crypto ecosystem.

Check out rhmax.tv where you can find a ton more content on Richard, HEX, PulseChain and the broader crypto ecosystem. Real DeFi, not the fake-give-us-your-keys-and-we-lose-your-money stuff.

Disclaimer

This is not financial advice, I am not a financial advisor and all of this information is my personal opinions, analysis and speculation based on my own experiences and conclusions.

Also, no one pays me to make content.