[Boards: 3 / a / aco / adv / an / asp / b / bant / biz / c / can / cgl / ck / cm / co / cock / d / diy / e / fa / fap / fit / fitlit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mlpol / mo / mtv / mu / n / news / o / out / outsoc / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / spa / t / tg / toy / trash / trv / tv / u / v / vg / vint / vip / vp / vr / w / wg / wsg / wsr / x / y ] [Search | Free Show | Home]

Trading crypto currency? Pssh, more like GAMBLING

This is a blue board which means that it's for everybody (Safe For Work content only). If you see any adult content, please report it.

Thread replies: 7
Thread images: 2

File: 1433988788072.jpg (21KB, 442x519px) Image search: [Google]
1433988788072.jpg
21KB, 442x519px
Trading crypto currency?

Pssh, more like GAMBLING
>>
>>2040131
its so great, its like i spent a year at the casino and ended up winning
>>
>>2040131
Quit jacking my images you dip.
>>
You have to be actually retarded to lose money in this market
>>
>>2040131
gambling with guaranteed winnings :D
>>
Less risky than gambling and theres a degree of strategy to it
>>
>>2040131
Everything in life is a gamble. The trick to getting rich is to take a lot of high expected value gambles and tilt the odds in your favor. For example if a coin has a 90% chance of going to 0 and a 10% chance of 50Xing, I'd take that gamble anytime.

Trading commodities like coins is all about risk management. Let's say I have 50K cash. If I have 5 coins and it's very likely that one will moon, I wouldn't mind putting 1K of my cash in each coin.

This logic can be applied anywhere too. Businesses with 70% chance of success but a chance to triple your investment? Take the chance...

The funny thing is that normies gamble all the time with horrible odds. For example, buying a house is a negative expected value proposition but normies do it all the time. They could almost certainly get richer by paying rent & throwing their money into stocks.
Thread posts: 7
Thread images: 2


[Boards: 3 / a / aco / adv / an / asp / b / bant / biz / c / can / cgl / ck / cm / co / cock / d / diy / e / fa / fap / fit / fitlit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mlpol / mo / mtv / mu / n / news / o / out / outsoc / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / spa / t / tg / toy / trash / trv / tv / u / v / vg / vint / vip / vp / vr / w / wg / wsg / wsr / x / y] [Search | Top | Home]

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/


If you need a post removed click on it's [Report] button and follow the instruction.
DMCA Content Takedown via dmca.com
All images are hosted on imgur.com.
If you like this website please support us by donating with Bitcoins at 16mKtbZiwW52BLkibtCr8jUg2KVUMTxVQ5
All trademarks and copyrights on this page are owned by their respective parties.
Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.
This is a 4chan archive - all of the content originated from that site.
This means that RandomArchive shows their content, archived.
If you need information for a Poster - contact them.