Hey Veeky Forums

>DYOR
What's that stand for

I'm mathematically illiterate. Is that going to be a problem going forward?

Do
Your
Own
Research

Fuck off dude. He asked a straightforward question. Why can't you just tell him what it stands for instead of being a dick.

I have no idea either.

Numbers and graphs might not be intuitive to you, but the more you look the easier it is to understand wtf is going on

You serious?

Do your own research.

You will be ok without being a math genius. You will need to learn to read a chart.

Can't tell if trolling or just retarded

Oh look. Another racist prick.

ISAAC ARTHUR OR GO HOME OP

youtube.com/channel/UCZFipeZtQM5CKUjx6grh54g

SPACE ECONOMY GONNA BE YUUUUUGEE

If you are serious, he's telling the truth.

That's obviously the goal, but my evaluations on things I don't/can't understand are meaningless.

I read a lot of info on here for instance about various stuff, but I don't understand half of it since I have no grasp on the logistical and technological nuances of the space.

Yeah. Kind of. I mean I'm bad at doing math in my head, but I am the spread sheet lord from my time doing EVE online market trading.

See... A lot of the exchanges are shit and you can't easily see how your portfolio is historically performing with trading without storing the history somewhere.

Also my Chinese mining pools never tell me the USD value, so I have to use another exchange and do the calculations myself.

I mean if your strategy is just to buy and hold, then you probably don't need to learn how to Excel.

But its also useful to manage your expenses with cash in and cash out so if you want to stay rich you need to learn that shit.

I use bitfolio rn

If you want to make guaranteed bank over time either invest in a passive index fund that covers the whole market (preferably through a tax preferred savings vehicle e.g. a Roth IRA) or short the fear index. There's some guy who regularly blogs about shorting the fear index, I forget his name.

Meme coins are the future but they are all just volatility prospects at the moment because who the fuck knows which one will become the gold standard in the future. That's why BTC does so good, it was the first and has the best brand recognition.

I'm more interested in making a big gamble rn, at least until I get to 100k. My expenses are covered coz I'm 20 so it's something I can afford to do.

If I reach 130k or so in this field, I'd like to put 100 of it into such a fund, and fuck around with coins with the remaining 30.

He was bullish on Bitcoin but couldn't find a liquid market to buy from. He said he wanted to buy 3 million dollars worth asap. You can check his more recent videos where he explains this.

Protip. Don't put more than 10% of your portfolio on a single 3rd party exchange (see Bittrex). There are some decentralized exchanges with some promise, but not sure if they can do margin and all the shit coins that the majors do.

I got crap everywhere even in shitty Coinbase. Sure its a bit hard to keep track of (hence all the excel files), but if say one of them gets hacked or shut down by the government, I'll be upset but not looking for a rope and a tree.

Also got some paper wallets just in case too but you can't day trade with those.

Then go to the casino play roulette or if want to put in actual work blackjack.

Also make sure you use some goddamn 2FA and not the SMS kind and for fucks sake get a second device in case you lose your phone. Use different codes on both.

Coinbase is shitty?

I thought that's where everyone is keeping their coins.

Mine are spread out right now between kraken bitfinnex ether and some other one, but Coinbase is where I ultimately planned to keep my big holds in BTC ETH and LTC.

decentralized exchanges doing margin would be hilarious. I think they could manage swaps though.

I have no money to invest right now anyway so I don't know why you're poking fun at me

Why not the SMS kind? Nobody else has access to my phone.

What other types are there? Which one has the best protection/should be my go-to hold wallet?

How does the second device protect me in the event of losing the first phone?

It's easy for someone to call up and pretend to be you. They then activate a new SIM card that they have and boom you are hacked.

This is basic shit user research

Call up who? Coinbase?

No, your mobile provider

No the $5 dollar an hour guy in India that works for your cell phone company. Once they know your phone number, they'll just keep calling until one of those poor bastards gives in and changes the sim.

And to answer this question... If you use Google Authenticator, its a bit too secure.

By that if you lose your phone or it dies, then your fucked without a print out of your back up codes.

Authy is a bit better in this regard, but not all sites use them.

Two ways to get around this is to write down the seed when you setup up Google Auth and put it somewhere safe or just use two devices when they present you the code.

PS. You should have two devices anyways if you travel internationally cause the border patrol usually makes you unlock your phone to look at your email and shit.

Oh fuck

What's the best alternative?

I've had 20 grand straight up taken out of an account a few years back. I'm no stranger to losing money in this manner. Any info on how to protect myself is helpful.

which one do you use user

Hrm... I installed Authy, but none of the sites that I need for it actually use it.

> the border patrol usually makes you unlock your phone to look at your email and shit.
What the fuck? I'm travelling to 2-3 countries every year and never heard of this. Can't be true. It someone asked me to do that, I would never unlock my phone for some working class scum to look at it.

i haven't traveled recently but I don't believe that.

1st off crypto podcasts don't exists, there's no textbook let alone audio on the subject, you want analysis of news and recent trends which youtube does have but you need to be able to see analyze them visually which you can't do by driving.

However as others have mentioned if you really want to improve your finances there are certainly audible resources out there on economics and the traditional stock market.

what happen to this fuckhead , is he still in dick suck camp?

Why don't cryptopodcasts exist? Seems like there would be demanding for something like that.

And I feel like learning about stocks will just confuse me, since so much about it probably doesn't apply here.

Um. Dude. There are tones of Crypto pods casts on iTunes. I think its called Bit Coin network or crypto network.

I remember searching for one months ago and finding dogshit but you're right bitcoin network does exist so maybe give it a try OP, might just be interviews and not offer much insight but that's about all you can expect from a weekly podcast.

forgot link
thebitcoinpodcast.com/

its world crypto network
the bitcoin knowledge podcast is good
jenseths world
i can give you a list of dogshit ones too

Honestly, contrary to the dominant conception in the academic and institutional circles, I believe economics has been waaaay over-mathemathized. This is a fucking social science afterall. I have to warn you that I am from a certain school though (Austrian economics, aka fedora economics on Veeky Forums), which is also the case of most people you will here on Econtalk...

2 podcasts I like are Coinmastery and Bitcoin and Markets with Ansel Lindner

>mathemathized
indeed sir!

oh i forgot to mention blockchain dynamics
they will cover all your stupid shit coins much better than anyone can

Wooops, extra h, that’ll teach me to use dem fancy words and shiet.