Quote:
Originally Posted by PlasticElephant
Yup easy as that - study stock investment where you can actually make money. Just ignore the crypto markets, too efficient to find an edge.
It's not a matter of how efficient or not the market is, it's a matter of if it's possible or not to be +EV or not in that market in a consistent basis. It's just speculation on currency, which exists since a long time, if you like speculating on currencies and thought you had an edge on those, why weren't you speculating on forex before the crypto hype came out?
There's so much bull**** going on in speculative markets like inside info, people manipulating the market that I can't see how a random guy can make money in there. It's like people think they're "getting good at crypto" while there's nothing to get good in there, it's just random people moving money around and hoping most other people end up choosing the same as they did.
It's so weird to see someone well-educated like you messing with that, plasticelephant, what did your economy professors taught you in the university? Don't you think your skills would be better used if you tried to analyze how healthy a company is and if its managers are using a good strategy given the environment the company(and its competitors, government, substitute products) is in?