Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
https://www.forbes.com/sites/jeffkauflin/2018/08/01/tricks-of-a-crypto-trader-meet-asias-hottest-crypto-hedge-fund/
FBGs approach has three pillars: Invest like a venture capitalist in initial coin offerings (ICOs), trade on news and events by moving in and out of tokens rapidly and, critically, exploit insider relationships and marketing hype to ensure profitability. The firms rise speaks volumes about the anything-goes world of cryptocurrencies, where the stated ideals of democratization are a joke and being an insider is the surest path to riches.
FBGs approach has three pillars: Invest like a venture capitalist in initial coin offerings (ICOs), trade on news and events by moving in and out of tokens rapidly and, critically, exploit insider relationships and marketing hype to ensure profitability. The firms rise speaks volumes about the anything-goes world of cryptocurrencies, where the stated ideals of democratization are a joke and being an insider is the surest path to riches.
Sure people have to make a living, but does anyone really aspire to live like that? Let's get rich by: 1) watching manipulation, 2) making quick moves because we know there is manipulation and 3) attempting our own no holds bar manipulation(s) (at least as much as we can get away with).
I understand that people do this, and want to live like this, yet personally, I would rather leave that ratt's race approach to others.... and to attempt to live in a more relaxed manner.
You reminded me of this four and a half minute short story Rat Race - A short film story by Steve Cutts. It's worth the watch
