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As always in Finance, average is measured by the amount of money, not number of people. In fact, it should be median. So, if you look at all crypto traders (including ones who was seriously considered to buy but decided not to), rank them from the largest to smallest assets available to invest...

Well, in this case she has the smoothest skin and freshest smell I've seen on 30+ providers :). She definitely seems much younger than all of the Asian MPs I've seen in Ottawa, but, again, it is hard to guess the age.

But you think you are above average crypto trader who can earn money in zero-sum game. I got it :).

The major problem of an overconfident investor is that he does not know he is overconfident. You may be familiar with a famous study that shows that 90% of all drivers think they are above average :).

The probability to make money has nothing to do with the expected return. Most assets have high probability of going up a bit and small probability of going down a lot, so, you always have high probability to earn money.

It is not enough to "understand how the crypto market works", you must to understand and be able to predict it better than the "weighted average trader" (where weights are the amount of capital used by that trader). Now, if you think you can do a better analysis then the team of financial...

Fully agree.

Nice try. No one holds currency. They hold bonds. The expected nominal return on bonds is above expected inflation. "Expected" is the key word here, so, sometime, you can lose purchasing power on bond investment, this is why countries also hold gold reserves. And, of course, any rational person...

Agree, it is only a theory. Now, do you honestly believe that you (or average Joe) is smarter then all these professors and you will be able to beat the market? Theory is not always right, it is right 99.9% of the time. Are you smart enough to explore this 0.1%. Good luck :).

I have a feeling you either do not understand what I am saying or intentionally do not want to hear rational arguments. No one is saying that crypro is bad for speculation - people can do it any time they want to. But it is speculation, not investment. The difference is that, in order for...

People who bough and hold also time the market. If they sell now, they will win. If they will wait 30 years - they will lose.

Yes, futures and options are zero-sum game and noone buys futures or options for investment. They are used for hedging and speculation.

yes. it is obvious for almost anyone who know either finance or mathematics.

Your beliefs in bitcoin is similar to belief in God: you do not care about the theory (a.k.a., science).

Yes, fundamental value of cash is zero and noone hold cash to in hope it will increase in value. An alternative currency may exist (like bitcoin) but for it to be a currency, its real value should not be volatile relative to the basket of goods. People should hold bitcoin only for transaction...

Here is the problem with your argument. Consider all people who bough or sold Bitcoin and will buy or sell it in the future. All of them together will have zero profit. Bitcoin is a zero-sum game because there is no business profit that generates dividends. So, if you win, someone have to lose...

9 out of 10 is an understatement :). I have a different threshold for how I am doing with SP: If she does not have to go for a lube for the sex, I feel good about myself.

The problem is that such robbers are not the most rational man. Often high/drunk. You do not want to be close to them, so, sometimes, simply going outside the house is not easy (you cannot fly through the window). Sometimes they may change their mind about why they are there and decide to rape...

I am hesitant to write this review as I want to keep her for myself :). I walked in Unit 21 and had a session with a new girl Ella. There is lots of good things about her and very little mediocre. So, here it is: Appearance: nice face, nice body, nice everything. Very nice Asian GND. I may be...

There is a minimum price for stock that is supported by dividends (which, in turn, comes from the business profit). While some steep increase in stock market may be due to pure speculation (hope to sell at higher price before the crash), some is due to overestimating future business perspective...