you're mom is sketchy af but that doesn't stop me from riding her
Hi Veeky Forums, why arent you investing in Bitcoin and trying to make money?
Difference between my mom and bitcoin is that I can get protection when riding my mom.
Ah man, I miss Calculus, that stuff was so much fun.
>Ah man, I miss Calculus, that stuff was so much fun.
>Does Bitcoin produce anything of value?
Yes. Remittances, bypassing capital controls, avoiding unstable currencies, buying drugs, gambling, etc.
Fkin nerd, the only enjoyable part was when we took a test and I got a high grade and made my folks happy.
>is there any developed skill involved in crypto
You require an understanding of how math and money works, how exchanges and fees work, how to read charts. But most importantly the skill you need is understanding the psychology of other traders. This is where experienced traders have advantage. They know what other traders are thinking, because at one time in their vast experience they've been in that other trader's shoes. Knowing how the market is "feeling" and knowing how to exploit is is how you trade stocks/cryptos. There's also a LOT of luck involved.
Alternatively, you could avoid all that jazz, and just make some very long term investments and never worry about short term zero sum gains.
Bitcoin is a long term investment. It's a hedge against conventional government controlled economy.
Long term viability is why it's historically recovered and surpassed every crash. In the short term tho, like by the end of this day or next week, it could take a big dive, or rocket past $20k. I'm not experienced enough to hazard a prediction, and most people who are wouldn't freely share what their "gut instinct" is telling them because short term gains are zero sum. Helping you would hurt them.
Short term doesn't matter assuming that you have correct portfolio allocation. Bitcoin is still very young.