The Cryptocurrency Trading Journal

Discussion in 'Journals' started by Daal, Jan 20, 2021.

  1. NoahA

    NoahA

    If I can't get rich in few months by holding Bitcoin, why bother? And if all I earn is 5-10% for all the risk, why bother?
     
    #131     Feb 22, 2021
  2. Daal

    Daal

    I dont understand what you mean? Why you cant get rich in a few months holding Bitcoin? I was referring more about a big picture view on the next big drop of Bitcoin, which I dont think is now, more likely we have many months left in this cycle
     
    #132     Feb 22, 2021
  3. NoahA

    NoahA

    Meaning if volatility dies down and upside is constrained
     
    #133     Feb 22, 2021
  4. Daal

    Daal

    Yeah but the asset is more properly priced, given that Bitcoin is undervalue vs the global market of stores of value (which is like $20-$30T between gold, international investment real estate and art, etc), that means its price needs to rise a lot further
     
    #134     Feb 22, 2021
  5. Daal

    Daal

    upload_2021-2-24_9-8-44.png
     
    #135     Feb 24, 2021
    johnarb likes this.
  6. Daal

    Daal

    #136     Feb 25, 2021
  7. maxinger

    maxinger

    #137     Feb 25, 2021
  8. Daal

    Daal

    upload_2021-2-25_13-44-55.png

    NNT now taking comfort on the fact that a 97 year old man who never made real money on tech agrees with him. Taleb is a good at creating theories of things but terrible at actually making money from them
     
    #138     Feb 25, 2021
  9. Daal

    Daal

    #139     Mar 1, 2021
  10. Daal

    Daal

    If crypto is the future, then computer security is also. Hacking will be a booming industry for years to come, especially as central bank digital currencies are rolled out. Its becoming more important than ever for people to secure their machines/devices and improve their security skills. Hardware wallets are nice but even them have lead to hacking and loss of funds



    So with that in mind, I decided to switch from Windows 10 to Linux in my main machine. I still have W10 for special situations but my main device is now a Linux distro. It can be quite annoying sometime to deal with terminal commands but I'm getting a hang of it and lots of apps can be installed without those commands if you know how. I'm also finding its snappier and quicker than windows so I will also gain some productivity

    That hacking above would quite unlikely to work on a Linux machine, its not unhackable by any means but it decreases the odds to a more manageable level that fits better with my vision of the future
     
    Last edited: Mar 2, 2021
    #140     Mar 2, 2021
    Sprout likes this.