11–20 of 101 posts
> “Those are legitimate needs that people have, to figure out if there’s a way to gamble their way to another lifestyle.”
I'm not sure who decides what "needs" are "legitimate" -- but can't they just go to casinos, which have been legalized just about everywhere now?
Also I can't believe that quote, sounds like a parody.
Bitcoin has gone up 1547% in the last year. Unless you are heavily shorting it, you are making money and it's not necessarily because of talent or great strategy.
As they say, past performance is no indication of future potential. This is especially true the shorter the trader's history. Thus, reading one trader's secret of success may as well be like listening to a slot machine player's 3-week winning strategy story. Meanwhile, identifying recurring inefficiencies and working out the details of how to take advantage of those inefficiencies can produce a more reliable income.…
All the way to the scene of the crash.
Bitcoin has gone up 1547% in the last year. Unless you are heavily shorting it, you are making money and it's not necessarily because of talent or great strategy.
I’m in a discord chat with about hundred cryptocurrency traders. Reading their insights is great but wow do they put themselves on a crazy ride. I traded for one day only and the mind f$&k is a strong one.
can you link to the discord community? I'm always interested to see community behaviours in action
Day trading crypto is a zero sum game. You can profit if you're able to somewhat predict the madness and stupidity of the market just before the market acts that way.
Day trading crypto is a zero sum game. You can profit if you're able to somewhat predict the madness and stupidity of the market just before the market acts that way.
As they say, past performance is no indication of future potential. This is especially true the shorter the trader's history. Thus, reading one trader's secret of success may as well be like listening to a slot machine player's 3-week winning strategy story. Meanwhile, identifying recurring inefficiencies and working out the details of how to take advantage of those inefficiencies can produce a more reliable income.…
One problem is, it's really hard to follow that strategy since most if the time, it'll look like the market is moving against you. A bigger problem is that the strategy assumes Bitcoin will continue to rise in valuation for at least one more bubble. Which is a huge assumption to make.
Bitcoin has gone up 1547% in the last year. Unless you are heavily shorting it, you are making money and it's not necessarily because of talent or great strategy.
Until you successfully cash out, you’ve made nothing.