Row 61063
Content Data
This page contains data entry 61063 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.
I feel like you answered your own question.
It's unpredictable.
Therefore you're just betting on a line going up or down largely at random, if not technically random, then at least in a way that can't be predicted.
So, it's a bit like betting on the spin of a wheel.
If you're making money it's presumably because you've caught a rising market. And probably would have made a better return just by buying and holding.
The fees alone make this very hard to make a profit, even if you make the right bets.
Hey, I've been there. It took me a lot of time and effort to realise that the same time and effort could be spent on doing something that actually gives me a return. You know, like working on my career.
It's funny how much work people put into this only to make very meagre returns.
I used to do affiliate marketing sites in my spare time and would happily make 10k a year doing bullshit blogposts a few evenings a week. If you're not beating that then why waste your time.
Maybe if you have large starting capital it's easier to get meaningful wins.
But if I had a £1m to invest I'd just put it somewhere safe and enjoy the £50k interest it paid me each year. No need to be greedy. For every winner there are many losers and I can't risk losing my money - I worked too hard for it. Fortunately inflation is back under control here in the UK, so no need to panic on that front either.
| Field | Value |
|---|---|
| text | I feel like you answered your own question. It's unpredictable. Therefore you're just betting on a line going up or down largely at random, if not technically random, then at least in a way that can't be predicted. So, it's a bit like betting on the spin of a wheel. If you're making money it's presumably because you've caught a rising market. And probably would have made a better return just by buying and holding. The fees alone make this very hard to make a profit, even if you make … |
| label | r/cryptomarkets |
| dataType | comment |
| communityName | r/CryptoMarkets |
| datetime | 2024-05-23 |
| username_encoded | Z0FBQUFBQm5Lak1aNlRhSWtzVmVtRUxwa0d6WS1SRm00WFJFU3RpbTlOYi16bnU3RjlibzBnTDItQnRIR3hZaHpGYnhxTE5nbklxeUhfZm1EcUJVZGNJWUJrZnU0NlNvd0E9PQ== |
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Raw Record
{
"text": "I feel like you answered your own question.\n\nIt's unpredictable.\n\nTherefore you're just betting on a line going up or down largely at random, if not technically random, then at least in a way that can't be predicted. \n\nSo, it's a bit like betting on the spin of a wheel. \n\nIf you're making money it's presumably because you've caught a rising market. And probably would have made a better return just by buying and holding. \n\nThe fees alone make this very hard to make a profit, even if you make the right bets.\n\nHey, I've been there. It took me a lot of time and effort to realise that the same time and effort could be spent on doing something that actually gives me a return. You know, like working on my career. \n\nIt's funny how much work people put into this only to make very meagre returns.\n\nI used to do affiliate marketing sites in my spare time and would happily make 10k a year doing bullshit blogposts a few evenings a week. If you're not beating that then why waste your time.\n\nMaybe if you have large starting capital it's easier to get meaningful wins.\n\nBut if I had a £1m to invest I'd just put it somewhere safe and enjoy the £50k interest it paid me each year. No need to be greedy. For every winner there are many losers and I can't risk losing my money - I worked too hard for it. Fortunately inflation is back under control here in the UK, so no need to panic on that front either.",
"label": "r/cryptomarkets",
"dataType": "comment",
"communityName": "r/CryptoMarkets",
"datetime": "2024-05-23",
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}
Entry Information
- Entry ID: 61063
- Repository: Axioma AXP
- Dataset: arrmlet/reddit_dataset_36
- Total Entries: 100,000