Kelly Criterion is a curse when it comes to cryptoinvesting You buy a meme for lulz -> It grows tenfold -> Your crypto share of total capital is too big -> 3 options: a) sell b) increase "safe" capital (somehow) c) be a hypocrite
Show this thread
-
Ikr! I am personally from Tether crew though A pleasant surprise
saw a lot of this stuff around tether back then. didn't understand any of it so wasn't able to lock down any gains in the 2017/2018 run - -;https://twitter.com/patio11/status/1051560132235030528?s=20 …
-
-
You may lose all respect for me if any, but I honestly believe it's not worth understanding beyond the heuristcs level As in every skill has a price, and gains from "deep" managing money skill are insignificant compared to, say, creator skillshttps://twitter.com/ZssBecker/status/1395025339676598277?s=20 …
-
true, not acting bc lack of a clear model and only heuristics is the default of doing nothing and that has risk too
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.