@jurban
Met a “crypto bro” this evening at the group pizza dinner and he was trying to convince students to give him money to invest based on the Fibonacci sequence. Our table handed him off to a finance prof and escaped with a bad taste. 🤣🤣🤣
@th3j35t3r
I actually dabble in crypto myself, but I don't use other peoples money. Just what I can afford myself.
The thing I like the most about it is, there's 35 trading hrs per week on the Stock Market & unless ur a pattern daytrader w/ 25K liquid u have to hold overnight.
With crypto there's 168 trading hrs a week (24hrs) & u can buy & immediately sell. Think Arbitration.
Also, I built an entire private platform to do it automagically for me.
0.25% per day compounded is realistic.
^^^ This thing is still a work in progress, and there's only one in existence in the galaxy.
I know this because I was there when I built it.
^^^ nothing to see there.
👍
So my platform is pretty much all setup, and I can adjust and modify as an when, currently been messing around with Triangular Arbitrage on the same exchange and Market Arbitrage cross-exchange.
My operation is spread across 3 dedicated servers, with high-speed connections in strategic geographic regions. But crucially, I'm the only person using them.
Poloniex, Cryptohopper, et al don't stand a serious chance.
Also, any of these outfits could go bump at anytime, with my exchange API keys. I'll never use 3rd parties for this kinda stuff.
It's scalable too, but as I said I'm still tinkering. But when it comes to this stuf I need to be totally self-sufficient. Like a frikkin cyber-prepper 😂 👍
I bought 43 Bitcoin back in 2011, had them held with Mt. Gox. And we know what happened there.
I'm not doing that again.
Clarification 0.25% daily. Compounded. Here's an online calculator >>>
https://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php
Consistent returns in the long run! Nice.
@th3j35t3r @jurban @ACG2 I was hoping to get an update on your efforts in this space at some point. Congrats and keep working your plan. 👍
Since 2017 the money I've managed to put into dividend bearing stocks has more than doubled in value from simply reinvesting the dividends. The growth is crazy. Your growth is better but I have no complaints.
Enjoy being a billionaire when that time comes. 😉 Or should I say trillionaire? At that rate it's possible.
@ACG2 @th3j35t3r
Every, (repeat ) every crypto supporter I've met is an asshole that I wish I hadn't met.