Being educated on crypto = no more returns than random guessing

[incel194012940]

srs

I know nothing about crypto currency

but even I can see that unless you have insider knowledge or are high iq (you are not because you are here)

learning about cryptocurrency provides no more return on investment than guessing because you will only learn enough to parrot the consensus and be emotionally invested in random speculations made by other low iqs

 

[chigoha]

true, same for stock market and NFT , some lucky dude can win by having literally 0 knowledge just speculating on a random currency while some copers spend hours everyday studying the market and still loose like a piece of shit

 

[Deleted member 1851]

true, same for stock market and NFT , some lucky dude can win by having literally 0 knowledge just speculating on a random currency while some copers spend hours everyday studying the market and still loose like a piece of shit

if that was true for stocks, guys like warren buffett wouldn't be averaging 20% return for decades. not the case for 99.9% of retail though

 

[GetShrekt]

true, same for stock market and NFT , some lucky dude can win by having literally 0 knowledge just speculating on a random currency while some copers spend hours everyday studying the market and still loose like a piece of shit

You really compared stocks to an NFT just lol

 

[Stopping@Nothing19]

You really compared stocks to an NFT just lol

GetRekt XD

 

[Gonthar]

srs

I know nothing about crypto currency

but even I can see that unless you have insider knowledge or are high iq (you are not because you are here)

learning about cryptocurrency provides no more return on investment than guessing because you will only learn enough to parrot the consensus and be emotionally invested in random speculations made by other low iqs

 

[firethorn]

think long-term

 

[firethorn]

everything is random short-term

 

[GoldenOrderCels]

The dumb will say it’s luck, the smart will realize it’s skill.

 

[unlucko]

true, same for stock market and NFT , some lucky dude can win by having literally 0 knowledge just speculating on a random currency while some copers spend hours everyday studying the market and still loose like a piece of shit

just because exception is true doesn't make the rule invalid

niggas who make money off options i know irl don't spend hours, they synthesize data from picking up things like a sponge reading online/staying generally informed and make bets backed by their own intuition that then leads to sounder and sounder decision-making as intuition is catalyzed by experience into an iterative model of reasoning

it's IQ-based positive compounding, like with any other path to success

 

[chigoha]

just because exception is true doesn't make the rule invalid

niggas who make money off options i know irl don't spend hours, they synthesize data from picking up things like a sponge reading online/staying generally informed and make bets backed by their own intuition that then leads to sounder and sounder decision-making as intuition is catalyzed by experience into an iterative model of reasoning

it's IQ-based positive compounding, like with any other path to success

it's still mostly luck

in the best case by doing this you're increasing your winning probability from 45% to 60%

 

[incel194012940]

everything is random short-term

if i want long term invest in index funds

just because exception is true doesn't make the rule invalid

niggas who make money off options i know irl don't spend hours, they synthesize data from picking up things like a sponge reading online/staying generally informed and make bets backed by their own intuition that then leads to sounder and sounder decision-making as intuition is catalyzed by experience into an iterative model of reasoning

it's IQ-based positive compounding, like with any other path to success

this is called "luck", it is precognitive and has nothing to do with intelligence

The dumb will say it’s luck, the smart will realize it’s skill.

having a quippy comeback doesn't make you high iq

 

[unlucko]

if i want long term invest in index funds

this is called "luck", it is precognitive and has nothing to do with intelligence

having a quippy comeback doesn't make you high iq

thats prolly u in ur avi isnt it

nigga's got a narrow brain

 

[Deleted member 12002]

everything is random short-term

Now bird. You don't have enough life experience to know that's a fact.

 

[LongForgotten]

Crypto is a load of crap

 

[firethorn]

if i want long term invest in index funds

this is called "luck", it is precognitive and has nothing to do with intelligence

having a quippy comeback doesn't make you high iq

safer but lower returns

 

[Chinacurry]

In the short term you're right, take a longer term view and understanding shit like web3 and defi will help