Digital Social Hour Podcast – Episode: "$100K/Month Instagram Secret GONE: Millionaire's New Move | Jason Stone DSH #989"
Host: Sean Kelly
Guest: Jason Stone
Release Date: December 17, 2024
1. Introduction
In this episode of the Digital Social Hour, host Sean Kelly welcomes longtime acquaintance and social media mogul Jason Stone. Their conversation delves into Jason's journey through the digital landscape, exploring both his triumphs and setbacks.
[01:25] Host: "Got someone I've known for, damn, eight, nine years now, Jason Stone."
[01:29] Jason Stone: "Thanks for having me."
2. Instagram Account Crisis
Jason Stone opens up about a significant setback: the sudden disabling of his high-revenue Instagram account after a decade of consistent growth. This account previously generated between $50K to $100K monthly through various monetization strategies.
[01:53] Jason Stone: "The millionaire measure is actually disabled right now. First time in ten years."
He explains that the disabling was due to multiple copyright violations, primarily from using copyrighted footage in his content without proper permissions. This incident underscores the precarious nature of relying heavily on social media platforms.
[02:16] Jason Stone: "There are businesses that are built just to go after people that post their copyrighted work."
3. Transition to Algorithmic Trading
Facing the loss of his Instagram income stream, Jason shifts his focus from manual trading to algorithmic trading. He introduces his new venture, Effing Capital, which leverages algorithms to navigate the volatile forex and crypto markets more efficiently.
[09:11] Jason Stone: "So that's kind of like where I'm dabbling right now. Trying to build a business called Effing Capital and that's going pretty good."
4. Algorithmic Trading and Effing Capital
Jason elaborates on Effing Capital, highlighting its robust performance metrics and the integration of artificial intelligence to enhance trading strategies. He boasts an impressive average return of 7% per month over three years, with some months reaching up to 20%.
[11:54] Host: "What percentage return on average per month have you been seeing with these algorithms?"
[11:55] Jason Stone: "We're doing about 10."
He emphasizes the importance of a solid track record and disciplined risk management, maintaining a 2:1 drawdown ratio to safeguard capital during market downturns.
[14:17] Host: "The drawdown needed for that is just too high. The risk is too high."
[14:20] Jason Stone: "So our. What's really dope about ours is only two to one drawdown ratio."
5. Critical Views on Cryptocurrency
Jason shares his disenchantment with the crypto market, citing personal losses from simple errors like copy-pasting incorrect wallet addresses. He argues that the complexity and high volatility make crypto a less viable future for mainstream finance.
[16:03] Host: "Even 7 is fire."
[16:04] Jason Stone: "Most people will love that in the year."
[17:03] Jason Stone: "I have zero crypto."
His skepticism extends to the usability of cryptocurrencies for everyday transactions, advocating for simpler, more secure systems akin to Venmo.
[17:42] Jason Stone: "Yeah. So that I don't think. I don't think bitcoin is going to be like over 100k ever."
6. Real Estate and Future Investments
Though primarily focused on algorithmic trading, Jason mentions dabbling in real estate. He aspires to establish a regulated trading fund, ensuring compliance with U.S. regulations and offering safer investment opportunities for clients.
[19:13] Jason Stone: "I do a little real estate here and there, but nothing to brag about."
[19:26] Jason Stone: "We are going to plan on making a fund out of it."
7. Jiu Jitsu and Gym Ownership
Beyond the digital realm, Jason is passionate about Jiu Jitsu. He co-owns a gym in Wynwood, Miami, which serves as both a business venture and a personal sanctuary. Despite significant financial investments and operational challenges, Jason remains committed to providing valuable skills and fostering a supportive community.
[24:44] Host: "I don't like the pick your brain line, dude. That gives me like, goosebumps."
[25:22] Jason Stone: "I've been doing that for five years. I love it."
He discusses the physical and mental benefits of martial arts, emphasizing its role in building confidence and self-defense capabilities.
[27:15] Jason Stone: "Like, this is a skill that you will learn and have for life."
8. Personal Development and Self-Defense
Jason advocates for learning combat skills as a means of personal development and safety. He recounts his own experiences and the discipline required to advance in Jiu Jitsu, highlighting the importance of perseverance and continuous learning.
[31:45] Host: "What would be your move if you wanted to kill someone?"
[31:49] Jason Stone: "Get to the back. Yeah. Get your back and then rear neck. A joke."
9. Conclusion and Takeaways
As the conversation wraps up, Jason provides resources for listeners interested in his trading ventures and personal endeavors. He encourages aspiring entrepreneurs to stay resilient and adaptable in the face of digital platform challenges.
[32:26] Jason Stone: "So effingcapital IO is algorithmic trading. Millmentor.com is the blog."
[32:39] Host: "And if you could get his Instagram back. Guys, he's got 30k waiting for you."
Key Insights and Takeaways
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Platform Dependency Risks: Jason's experience underscores the vulnerabilities tied to relying heavily on single digital platforms for income.
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Algorithmic Trading Potential: Transitioning to algorithmic trading can offer more stable and scalable income streams, especially when combined with AI and disciplined risk management.
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Skepticism Towards Crypto: While cryptocurrencies offer innovative financial opportunities, their volatility and complexity may limit mainstream adoption.
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Value of Martial Arts: Learning disciplines like Jiu Jitsu not only provides self-defense skills but also fosters confidence and mental resilience.
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Diversification and Resilience: Diversifying income streams and staying adaptable are crucial for long-term success in the ever-evolving digital landscape.
Notable Quotes with Timestamps
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Jason Stone on Instagram Disablement:
[01:53] "The millionaire measure is actually disabled right now. First time in ten years."
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On Algorithmic Trading Returns:
[11:55] "We're doing about 10."
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Views on Cryptocurrency:
[17:03] "I have zero crypto."
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Advocacy for Jiu Jitsu:
[27:15] "Like, this is a skill that you will learn and have for life."
Where to Follow Jason Stone
- Effing Capital: effingcapital.io
- Millionaire Mentor Blog: millionairementor.com
- Personal Instagram: @Jason__Stone
Jason Stone's candid discussion offers valuable lessons on navigating the complexities of digital entrepreneurship, the importance of diversifying income streams, and the enduring benefits of personal development through martial arts. Listeners are encouraged to reflect on their own strategies and consider the insights shared to foster resilience and innovation in their professional journeys.
