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Show HN: CryptoRoulette how much is worth now $1,000 of cryptos from last year

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21–28 of 28 posts

Re: Show HN: CryptoRoulette how much is worth now $1,000 of cryptos from last year

#21
From investment point of view, focusing on missed opportunities in the past is extremely addictive and counterproductive. I was suffered from this bad habit for years.

If you want to improve your performance, you have to focus on the present moment. Right now history has been made! Think of the present! What you would think on Friday, January 7th, 2022 year, as an excellent opportunity to make a fortune available somewhere on Sunday, January 7th, 2018 year.

I find that mindset is extremely helpful.

Re: Show HN: CryptoRoulette how much is worth now $1,000 of cryptos from last year

#22
post #6

Choosing from the top 250 now biases it upwards. If you did the same for the top 250 stocks by market cap you should significantly beat the market with the same methods. Also, not all these coins were around a year ago. Does the code handle that or just return nonsense? Edit: trying manually returns "Oh Nooooo!!! I just broke the blockchain. Please try again."

Yes. Current top 250 are the ones who survived and succeeded. It would not show what would have happened if you invested in 6 random coins. A better approach would be to choose from the top 250 at time of purchase.

Re: Show HN: CryptoRoulette how much is worth now $1,000 of cryptos from last year

#24
post #8

What is worth of 1.000.000$ of BTC or any other cryptocurrency? Can you go to Bitcoin bank and tell: "Put my money in dollars to this suitcase now" ?

Can you go to a fiat bank and ask for a million dollars to be put in a suitcase?

Yes but not without giving them a few days warning.

Typically the most you can get out of a major branch of a national chain on a moments notice would be $100,000 max. This changes a lot at the regional level and based on the individual bank and the amount of risk they have from robberies.

My credit union couldn't even let us withdraw $20,000 in cash when my business needed it.

Re: Show HN: CryptoRoulette how much is worth now $1,000 of cryptos from last year

#25

From investment point of view, focusing on missed opportunities in the past is extremely addictive and counterproductive. I was suffered from this bad habit for years. If you want to improve your performance, you have to focus on the present moment. Right now history has been made! Think of the present! What you would think on Friday, January 7th, 2022 year, as an excellent opportunity to make a fortune available som…

What if the real missed opportunity is not investing in yourself or a new business?

Re: Show HN: CryptoRoulette how much is worth now $1,000 of cryptos from last year

#26
post #12

You have no idea how this hurts. I worked for crypto company for 20 months, but due depression did not took any crypto.

If it helps you, you probably would have sold it when it doubled, and you'd feel even worse today.

Re: Show HN: CryptoRoulette how much is worth now $1,000 of cryptos from last year

#27
post #6

Choosing from the top 250 now biases it upwards. If you did the same for the top 250 stocks by market cap you should significantly beat the market with the same methods. Also, not all these coins were around a year ago. Does the code handle that or just return nonsense? Edit: trying manually returns "Oh Nooooo!!! I just broke the blockchain. Please try again."

No wonder it seems like you can't lose money. Thanks.
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