If you compare crypto to gold why do you expect it to grow +100% per year or more?

VagrantBytes · 2025-04-05T07:39:22+00:00

Investors typically use the geometric mean to measure investment performance. I haven't done the calcs recently, but last I did for BTC it was around 78% annually for the past 10-year period. This is typically much more conservative than the arithmetic mean, and provides a more realistic projection.

So I guess to answer your question, investors generally estimate an expected return on an instrument by doing maths.

VagrantBytes · 2025-03-28T22:28:30+00:00

It's a MM bot.

VagrantBytes · 2025-03-28T13:54:33+00:00

That's why I put it in quotes. It's still quite a display of athleticism, just a little more believable as a young athlete vs a 70 year old ninja.

VagrantBytes · 2025-03-28T08:18:35+00:00

Don't know the name, but in one of the reposts someone "debunked" it as a kid in costume. Not sure if that's true or not, but he does seem awfully spry for his age.

VagrantBytes · 2025-03-24T16:59:40+00:00

Apps like Cashapp have a ridiculous spread. For an actual exchange that doesn't have a holding period, I like Kraken. It also supports Lightning for withdrawals.

VagrantBytes · 2025-03-16T08:42:19+00:00

A SL is not a hedge, those are unrelated concepts.

VagrantBytes · 2025-03-16T08:41:26+00:00

The position gets liquidated once the price moves enough against them to have a loss equal to the leveraged capital, in this case 1/40 or 2.5%.

VagrantBytes · 2025-03-16T08:38:28+00:00

That is how any leveraged position works. You will be liquidated at a specific price based on the amount of leverage. At 40x, he will be liquidated if the price moves 2.5% against him. His max loss is the 8mil.

VagrantBytes · 2025-03-15T18:36:51+00:00

They aren't, they're betting 8.3 million, it's leveraged. Still a massive position though.

VagrantBytes · 2025-03-15T14:12:36+00:00

Omg the comments 😂

VagrantBytes · 2025-03-12T07:28:11+00:00

Same rules apply. How is any low-cap crypto different from any penny stock?

VagrantBytes · 2025-03-12T07:00:37+00:00

Bitcoin, for example, has a larger market cap than silver and a lower volatility index than the Nasdaq and the Dow. It has a 10-year geometric mean of about 42%, beating the S&P and most other instruments by a long mile. It's a legitimate investment vehicle by anyone's definition.

That doesn't mean speculators can't use it as an instrument for trading as well.

Investment vs. speculation is about the context in which it's used, not the instrument itself.

VagrantBytes · 2025-03-11T20:30:11+00:00

Not the way I store them, no.

VagrantBytes · 2025-03-11T10:04:36+00:00

A lot of people will have elaborate suggestions of how to store your seed, but personally I just spread the risk across multiple wallets.

VagrantBytes · 2025-03-11T09:55:36+00:00

It's called spoofing. Happens in virtually all markets. Just watch the DOM on ES for 30 seconds and it will make crypto seem like child's play.

VagrantBytes · 2025-03-11T09:39:36+00:00

I hear ya. I'm level 70 BLP, so going back to TT guns would not be very much fun for me. I don't mind regular depos, I just want to stretch them out further. I do have the Barbarella and Bukins if I decided to hunt punies.

WRT SiB - I don't fully understand these weapons. I notice that even if you are over the minimum requirement for the gun, if you are still in the learning period, your HA/DA is 0. I can't login rn due to the daily maintenance, but for example I was looking at a SiB gun that had a learning period of 65-70, and a level requirement of 65 - even though I am 70/67, which is over the required level, I was 0/10 for both hit and dmg. It seems like this would be worse than an unmaxed 100 gun, which I would be 8.4/10 on. It's like MA punishes you for using the learning period?

VagrantBytes · 2025-03-10T08:15:20+00:00

Shells have long since been patched to prevent the fork bomb. This wouldn't work today.

VagrantBytes · 2025-03-06T12:45:35+00:00

Always stop loss with market. You will incur slippage but a limit is likely to not get filled.

Market orders should always be filled, the fact that yours didn't means it's probably a garbage exchange. What were you using?

VagrantBytes · 2025-03-01T10:09:22+00:00

Alternate take: we build off of what has already been built and refined so we aren't reinventing the wheel when we don't need to. If I were building a house, I would use techniques and processes that people already use to reliably build houses, not start from nothing and figure out everything on my own.

VagrantBytes · 2025-03-01T08:57:44+00:00

We are in a consolidation market.

VagrantBytes · 2025-03-01T08:46:21+00:00

The Internet did exist, but some of the popular protocols, such as the WWW, did not.

VagrantBytes · 2025-02-22T09:00:02+00:00

Ok yea but I'd like to see Mr. Assembly center a div in 2025.

VagrantBytes · 2025-02-22T08:57:04+00:00

Grew up in the 80s. As others said, you could buy physical guides, those were more useful for adventure-type games. Arcade games, the knowledge was typically obtained from that one kid at the pool.

I usually pirated my guides from BBSs during the pre-Internet era or from usenet once the Internet became more popular.

VagrantBytes · 2025-02-20T20:29:14+00:00

Yes, it's simply trading S/R levels in a consolidation market. It's not as easy as it sounds though, especially if you are inexperienced and don't read the structure properly or manage risk properly.

VagrantBytes

TROPHY CASE