RE: The Fool's Errand: Min/Max Strategy
regarding trading and your experimentation of different techniques; I'm not that happy about crypto that you have to be a trading pro...
If people come here (mass adoption and even before; now), it's because they had a paradigm change in their head and don't believe/ trust in centralization anymore.
and now they're supposed to trade with centralized stable coins, which are pegged to fiat, or again fiat?
lol fuck this greedyness.. I'm here cuz I want thinks to better, not good people to be conditionized with even worse behaviour..
and yea. I dunno about investing money in crypto..
I'm 21 had to quit my Abitur and am investing all my time into healing my body. Being pain free will feel so fucking good.
Better than BTC at 100k
I'm not able to work and earn money to invest anyways. And am investing my time into my body to be (hopefully fast; cuz the prices are rising) able to work and earn crypto.
And that takes much effort for me. Even more to learn to trade and not see all my work and effort (btc earnings) melt..
I came here cuz I hate fiat and their banking interest rate and inflation and the governments taxes..
but seems like a hard way for me to go
but I can say my pain is a good teacher. it made me learn and dive into so many things.
The volatility of crypto is an attack by the establishment.
They can't suppress the price down unless they manipulate it up first.
Fortunately there will soon™ be stable crypto assets that can be used instead of USD.
Any network can impose their own monetary policy.
Just look at Maker. Wow, what a pretty crypto graph. Do we think it turned out this way randomly? It's obvious to me that the big stakeholders are regulating their own network. This will become the standard for a lot of coins.
1 accumulate as much btc and crypto as possible - NOW!
2 hodl until new ath / peak
3 sell for dubious new stable cryptos (which are not bound to fiat but are highly centralized/ ninja mined/ regulated/ whatever - for every flaw a stable coin)
4 loose most of ur wins cuz stable coin scams or government taxation
5 try to buy in BTC low again with the laughable rest of ur money to profit from the next bull cycle (you've learned a lot and will this time do it right! maybe the last time cuz there aint that big btc halvings anymore..)
I'm probably just going to use Dai for a stable coin.
Backed by Ethereum. Seems good enough for now.
Also, Litecoin just had it's first and biggest halving.
That's what I'm betting on in the short term.