Crypto

Kburjr said:
And like playing poker knowledge of player psychology is at least as important as the cards.
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Poker is different, at least you know your odds with each "move"
 
NU_FTW said:
Poker is different, at least you know your odds with each "move"
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Been playing some vr poker. Pretty weird. Talk is they may start using crypocurriences in vr gaming. I hope not… I’ll be tempted buy then go all in on two pair and lose.
 
Red_Alert said:
Regarding your own link it says this.... "Marszalek did not share details on how the breach occurred during the interview, though he did confirm that Crypto.com had reimbursed all the impacted accounts."
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Crypto is doing some major promo and they could not have that incident hanging over them, therefore the quick settlement.
 
Red_Alert said:
Which leads back to my statement of 'Pigs Get Fed, Hogs Get Slaughtered'.

Anyone trading anything that's not bartered (i.e. eggs for milk, labor, etc) is gambling.
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Kburjr said:
And like playing poker knowledge of player psychology is at least as important as the cards.
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Not sure where you're going with the psychology thing, but poker is also dealing in currency. I've never played poker for goods and services.
I have watched a pron where a guy put his wife's services up for collateral, doh. He lost and I didn't make it as far as the money shot.
 
Red_Alert said:
Not sure where you're going with the psychology thing, but poker is also dealing in currency. I've never played poker for goods and services.
I have watched a pron where a guy put his wife's services up for collateral, doh. He lost and I didn't make it as far as the money shot.
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Market psychology is just as important as market value. Not everyone invests by technicals. Contrarian investing is built on psychology. There is a skill there, also.

In poker, it is not enough to know your odds and relative values. You must also know your opponent's relative values.
 
Kburjr said:
Market psychology is just as important as market value. Not everyone invests by technicals. Contrarian investing is built on psychology. There is a skill there, also.

In poker, it is not enough to know your odds and relative values. You must also know your opponent's relative values.
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That shiz so off topic. Is there not a Poker thread to take this convo where peeps wear hoodies and sunglasses?
 
Red_Alert said:
That shiz so off topic. Is there not a Poker thread to take this where peeps wear hoodies and sunglasses?
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I would argue that when talking of crypto it is spot on target. You are not investing in underlying value, but in perception of value. How events can change those perceptions is applied psychology.

Now if you are a Graham school value investor, I can see it having no relevance to you.
 
Kburjr said:
I would argue that when talking of crypto it is spot on target. You are not investing in underlying value, but in perception of value. How events can change those perceptions is applied psychology.

Now if you are a Graham school value investor, I can see it having no relevance to you.
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Well if your fundamentals of investing/poker are based in psychology then carry on.

I'll continue doing my due diligence.
 
Red_Alert said:
Well if your fundamentals of investing/poker are based in psychology then carry on.

I'll continue doing my due diligence.
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I leaned heavily on value investing. But my investing was a buy and hold strategy. Included in my DD was to look at the short term trading which is more psychology driven. Throw in a little dollar-cost averaging and there ya go.

I read Value line like some people read detective novels loved tearing apart annual reports. But the buying signals came from price depression and that is psychology.
 
Kburjr said:
I leaned heavily on value investing. But my investing was a buy and hold strategy. Included in my DD was to look at the short term trading which is more psychology driven. Throw in a little dollar-cost averaging and there ya go.

I read Value line like some people read detective novels loved tearing apart annual reports. But the buying signals came from price depression and that is psychology.
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