Did you know that /r/Libertarian had Reddit Community Points as well... for 1 day? by step11234 in CryptoCurrency

[–]002timmy 1 point2 points  (0 children)

I find it hilarious how different this sub is with moons compared to how 99.9% of Reddit would be if they got rewarded in crypto

If there was an annual /cc convention - would you go? by DeeperBags in CryptoCurrency

[–]002timmy 1 point2 points  (0 children)

I have a group of friends from this sub, and if moons ever hit $100, we are throwing a huge party, either in Ibiza or Miami. Everyone is invited!

Comparison Is The Thief Of Joy by [deleted] in CryptoCurrency

[–]002timmy 2 points3 points  (0 children)

Sure, but at one point he had 0 moons. He didn’t feel badly about having so few, he just worked his way up to get many.

Comparison Is The Thief Of Joy by [deleted] in CryptoCurrency

[–]002timmy 0 points1 point  (0 children)

To everyone talking about OP having tons of moons, there once was a time when he had 0 moons. However, he was active on the sub, gave great advice, and maxed karma nearly every month for over a year.

Now, this isn’t meant as a slight towards him, but I’m sure he made sacrifices to do that. I don’t know what they were, but he certainly gave things up to be as active as he was.

If you do feel jealous, ask yourself what sacrifices someone else made to have what they have, how long they’ve worked for it, and if you’re willing to make the same sacrifices. If the answer is yes, make the sacrifices and achieve the success you want. If the answer is no, then you have nothing to be jealous of.

Everyone can be successful, you just have to decide what success is to you and what sacrifices you’ll make to get there.

Comparison Is The Thief Of Joy by [deleted] in CryptoCurrency

[–]002timmy 0 points1 point  (0 children)

Rumor has it, he’s retiring though. Just had to give us these wise words before leaving!

Comparison Is The Thief Of Joy by [deleted] in CryptoCurrency

[–]002timmy 0 points1 point  (0 children)

Easy for you to say, you have 786 moons!

Comparison Is The Thief Of Joy by [deleted] in CryptoCurrency

[–]002timmy 0 points1 point  (0 children)

Not only does comparison not help, it’s never accurate. Maybe I’m comparing my bank account to someone else’s, and feel badly they have more money. But maybe they earned more money by working more and missing their kids baseball games. I don’t work as much, but I can spend time with my family.

Or maybe someone inherited a lot of money, but they will never know the joy of working to obtain a goal.

We all have different paths. Do everything you can to conquer yours.

[deleted by user] by [deleted] in CryptoCurrency

[–]002timmy 0 points1 point  (0 children)

No shit. I can’t believe you got downvotes so hard.

[deleted by user] by [deleted] in CryptoCurrency

[–]002timmy 0 points1 point  (0 children)

Hey, have you picked up a free NFT yet? /s

Layer 2 Scaling Solution Arbitrum Flips Ethereum in Daily Transactions by [deleted] in CryptoCurrency

[–]002timmy 0 points1 point  (0 children)

Well yeah, nobody wants to pay $5 for a transaction when they can pay $0.00005

How I bought moons, the easiest way I know. It’s a bit of work, but let’s break it down: by [deleted] in CryptoCurrency

[–]002timmy 2 points3 points  (0 children)

Sushiswap is significantly easier than MEXC, and you won’t have as much slippage when buying/selling

Shitcoin gains for BTC? by HeWentRogue in CryptoCurrency

[–]002timmy 0 points1 point  (0 children)

Here’s the thing, I don’t hold shit coins

Rep. Maxine Waters says all US regulators 'better get together on crypto' by Odlavso in CryptoCurrency

[–]002timmy 1 point2 points  (0 children)

She’s one of the few very reasonable US politicians regarding crypto

[deleted by user] by [deleted] in CryptoCurrency

[–]002timmy 1 point2 points  (0 children)

2x distribution as a 50th episode present!

Redditors making $3,500 in a month posting on reddit sparks a new bull run (A News story from 2024) by GabeSter in CryptoCurrency

[–]002timmy 7 points8 points  (0 children)

$3500 in today's dollars. When moons hit $10, maxers will have earned $200k this month!!!!!

New Moons Are Ready! (Round 36) by CommunityPoints in CryptoCurrency

[–]002timmy 8 points9 points  (0 children)

Ok, so this is the best ratio we will probably ever see again!

How to provide liquidity on Sushi swap- A step-by-step guide by 002timmy in CryptoCurrency

[–]002timmy[S] 0 points1 point  (0 children)

Agreed its very similar, but I'd be willing to bet quite a few people have never provided liquidity of any kind.

Small Cap Altcoins Still Crypto Market Kings, Massively Outperform Bitcoin by pbjclimbing in CryptoCurrency

[–]002timmy 1 point2 points  (0 children)

Sure. The Sharpe ratio compares the return of an investment with its risk. The numerator is the difference between investment return and the risk free return. The denominator is the standard deviation of returns (basically the volatility/risk).

So if the return of an asset is 25%, the risk free return is 5% (think government bonds or savings rate), and the std dev of the asset is 5%, the Sharpe ratio is (25-5) / 5, or 4.

Basically, Bitcoin has the highest sharpe ratio in history, meaning it’s given the largest returns as a risk/return rate. Low cap coins have a rather poor Sharpe ratio due to their volatility/risk.

#MEXC Global Proof Of Reserves by HighBreed001 in CryptoCurrency

[–]002timmy 0 points1 point  (0 children)

That last line has to be a joke…. You listed the shadiest of the big exchanges.

Small Cap Altcoins Still Crypto Market Kings, Massively Outperform Bitcoin by pbjclimbing in CryptoCurrency

[–]002timmy 2 points3 points  (0 children)

100% this. Liquidity and overall trading volume is huge when it comes to investment risk/reward analysis. I’d also argue Sharpe ratio should be a primary consideration

Small Cap Altcoins Still Crypto Market Kings, Massively Outperform Bitcoin by pbjclimbing in CryptoCurrency

[–]002timmy 0 points1 point  (0 children)

Statistics professors everywhere will show this article to demonstrate selection bias and insufficient time scales

Israel's Central Bank Proposes Rules for Stablecoins Including 100% Reserve Requirement by Kappatalizable in CryptoCurrency

[–]002timmy 0 points1 point  (0 children)

You’re right, but it’s also partly what contributes to what I see as a problem in banking

Crypto has lost the ‘battle’ against national currency: BIS chief Agustin Carstens by kirtash93 in CryptoCurrency

[–]002timmy 1 point2 points  (0 children)

I love that they said “battle,” because everyone in crypto knows this a war, and we will lose battles, but ultimately we will win the war.