> Disclaimer - I have invested 1% of my savings into stable cryptocurrencies such as Bitcoin and Ethereum etc.

The question is not how much. The question is when and how. The only thing that is good on this article is the % of the savings. 1% is fairly reasonable.

> Let’s talk about slot games first.

Bad comparison. Those who mix investment and lucky generally have a pretty wrong concept about investment.

> Most of them are designed in such a way that you will win only 49% of the time and the rest 51% of you will lose.

Considering that this is true, it is not a chaotic system like any economic system. Nobody can set a decentralized currency to fail.

> Cryptocurrency returns are a zero-sum game i.e. if 1 person gets a $10 profit, another person has to lose $10.

No, it is not. The monetary base expands with a fixed rate. Also, you are mixing profit and value here. One can easily profit $10, sell an the other one profit $10.

> To win in gambling, you must have a mathematical positive edge over your competitors.

Wrong again. For this to work, both you and the machine need to have infinite money. One lucky person can win you all.

> In my cryptocurrency world, no one really has a positive mathematical edge in cryptocurrency i.e. no one has such information which makes them better than other crypto investors. So, it is impossible to make a profit in long term.

This is so wrong that it is wrong in different levels at the same time. You can be a better investor in crypto. One example was the strategicly investing in currencies that that's inverse proportional due to its differences of philosophies (like BCH and BTC). Another level of wrongness is that crypto can reduce risks of a local currency, due to the fact that no individual institution can control.

> Why do I invest? I believe staying longer for longer period creates a mathematical edge as people in short term either book small profit and leave or accumulate huge loss and wait for price coming back.

This is wrong because you are completely ignoring some basic concepts called innovation, market shift, corporation wrongdoings. You are basically saying that a company can't fail if you wait long enough.

When I was younger, I remember to read cyberpunk comics quite a lot. They explain a vision of the future that is improbable, but in many ways it get stuff right. Imagine aligning this with real word science. Imagine hearing from a superhero how his powers came to him. Imagine having a scientist name on the movie credits.

It doesn't need to make everything scientifically accurate, but explaining the fundamentals can engage more people to enter science.

Yesterday I was watching a new movie from Netflix called 'hacker'. The movie is awful, but it starts showing how Stuxnet should work, and that is pretty awesome. This is cool because I know the fundamentals of Stuxnet.

If they break the 4th wall and show something that could happen for real, it could bring more emotions to the movie.

https://albumin.io

https://www.notion.so/The-paperless-io-ridiculously-complete...

If I open my Instagram right now, I will see thousands of those courses. All of them making mistakes about what a masterclass is, all of them talking about "modern" stacks and lacking a lot of content.

To put into perspective: 2 of the 3 courses that I've enrolled missed the "how to put in production mode" part.

But don't get me wrong, I like what you are doing. It is just that I miss the "real advanced" part. All of them seems to teach the same thing, in the same speed.

React is hard and sometimes fails to deliver value fast enough.

Comments URL: https://news.ycombinator.com/item?id=21076956

Points: 24

# Comments: 4