Message from @Peachy Carnehan
Discord ID: 337388586725015553
Do you study it more on the economics side or business side?
whatever seems relevant to me
primarily in the past it's been investing, only recently got into business proper
Right now I'm working on a Machine Learning approach to Crypto Currency prediction.
Working with three other guys who are looking at doing a similar thing for market prediction.
hahaha
so buying bitcoin was smart no matter what doomers say
because guys like you are building market analysis robots the same way they did years ago for the stock markets
just hearing that from you tells me it was a great idea to buy in
in fact I will contribute a small percentage of my income to my bitcoin portfolio every year now, just hearing that
Look into altcoins actually.
yeah that was my thought
a diversified portfolio of CC
I'm liking a coin called Espers, LMC looks like it has potential.
because any of them could tank, I'd want a spread of like the top 5-10
are they pretty much all fractional?
Not really, although they generally do follow the trend of bitcoin, you can see that they have spikes and drops independent from it.
I mean fractional in that I can buy 0.00001 of them at a time or whatever
Oh, yes.
okay, then game on mang
from now on every year, I'll buy the top 10
static percentage of portfolio->even split
But yeah, Bitcoins are divided up into satoshis (look it up).
And I wouldn't buy the top 10.
yeah isn't that like 10^(-80) or something?
avogadro's number or something absurd
would you advise more like top 5?
1 sat = 0.00000001 BTC
My advice would be to actually do research and pick a good one as opposed to picking the onces with the 5 highest market share.
Cause BTC doesn't have much potential, and ETH is trash.
well
so if you look into the world of investing and the logic the best guys operate on, I'd say that would be effectively impossible for me to know
there are approaches you take to uncertainties that still tend to leave people on top
With crypto, you look at three categories. The use, the technology, and the development team.
what I would be more likely to do is delegate that info to you and take your top 5 coin recommendations
since you have expertise that I will never have
I know what you mean, but you essentially look into what purpose each coin fills, any innovative way of working that is different than other coins, and the deam behind it.
Yeah, I wouldn't feel qualified, as I delegate many of my decisions to one of my friends who turned $500 into 20K.
but you know these coins
Over my next break I'm going to start doign a hell of a lot more research.