Cryptocurrencies

[Keith]

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lol im rich off the free crypto ........18->25 mainly the comp doubling in a week

[daven]

so a guy i vaguely know just bought a tesla which he's driving around the streets of wellington after liquidating half of his bitcoin, all off the back of spending six months in a dark room trading crypto from a four figure starting stake. So here I am, reading through this thread... My impression of him is that he just got lucky on timing, hard to tell though

appropriate reading given that i've decided to become unemployed from 30 September? who knows.

Last time I quit a great job was 2009 to move to europe and play poker. Worked out fine, until near the end when things got tight. Bought a house along the way though, and that's tripled in value so i guess it all paid off.

This time I don't really have much of a plan. Take a break until it's time to work again, travel some perhaps. So, yeah, reading about crypto trading lol

[oskar]

so a guy i vaguely know just bought a tesla which he's driving around the streets of wellington after liquidating half of his bitcoin, all off the back of spending six months in a dark room trading crypto from a four figure starting stake. So here I am, reading through this thread... My impression of him is that he just got lucky on timing, hard to tell though

appropriate reading given that i've decided to become unemployed from 30 September? who knows.

Last time I quit a great job was 2009 to move to europe and play poker. Worked out fine, until near the end when things got tight. Bought a house along the way though, and that's tripled in value so i guess it all paid off.

This time I don't really have much of a plan. Take a break until it's time to work again, travel some perhaps. So, yeah, reading about crypto trading lol

It's hard to tell what someone is doing right or wrong when all crypto goes up for 6 months straight. I want to hear from the people who didn't lose money in the past two months trading crypto. They might be on to something.
I find it really difficult to believe that there are legitimate strategies to be found in a market that's in a bubble the moment its value goes above zero. I understand that it's possible I'll eat my words in the not so distant future, but right now I really don't see the value beyond black market and tax evasion stuff, and that's going to get shut down hard the moment it gains any real traction.