this post was submitted on 05 Mar 2024
-25 points (41.3% liked)
Technology
72315 readers
2786 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
If you make bets like that, not just once but repeatedly in a broad portfolio, you will get filthy rich.
But that's based on the false assumption "it's just as likely". The price of bitcoin is not random, and to really get filthy rich you want to use a decision process that better understands market pricing patterns.
A wonderful video on that was posted a week ago: https://www.youtube.com/watch?v=A5w-dEgIU1M
Here is an alternative Piped link(s):
https://www.piped.video/watch?v=A5w-dEgIU1M
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I'm open-source; check me out at GitHub.