Tag Archives: waste of time

Could algo trading with ICOs and coin market cap be a waste of time?

I have spent a few hours on trying to figure out if initial coin offerings with coin market cap  a time waster. If you ask me, I would say Yes over the long run. When you work with exchanges like Coin Market Cap, you can find the best performing coins in real time with huge swings like 500+%. A recent example would be this ICO of Trump Coin which clearly shows 2 spikes. The last one spike  lasted about a week

This kind of reminds of penny stocks which means these alt coins can be manipulated quite easily. I find this is the case with ICOs in the crypto world. Why do you think the SEC is protecting investors against when it comes to crypto ETFs.?

How to vet these new alt coins?

Even though you can find these high performing alt coins, you need to vet the quality of these. One way to do this is simple test if the coin is listed on Binance. This exchange will not list it unless they have a float of at least $25 million last time I checked. This means it needs to be mature with some solid volume in order to be listed on Bnance. As a result, I  just do a simple download request test  to see if they are listed. I just spent a few hours testing this. I was able to rank the best performing 100 coins from Coin Market Cap. From there, I wanted to test to see if the coin was on Binance by listing it against Ether, Bitcoin, and Binance Coin. Guess what? I was not able to see any of those 100 were listed on Binance. It seems rare to see this case so it makes wonder if this whole process may be a time waster to chase after initially list coins that after.This was a complete waste but that is now out of my system.

Let me know your thoughts on this.

Only HOT bitcoin Ethereum is profitable crypto currency today. LAToken anyone?

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Massive waste of time considering doing startup vs algo trading

I find doing algo trading has longer sustaining benefit with algorithmic or automated  trading as explained below. Startups are temporary for a long shot of profitability.

is founding a startup a massive wast of time considering the vast majority of startups never turn a profit?

Found on Quora

is studying a massive wast of time considering the vast majority of academics don’t earn more like a waitress in a nightclub? 

…. is founding a startup a massive wast of time considering the vast majority of startups never turn a profit?

is studying a massive wast of time considering the vast majority of academics don’t earn more like a waitress in a nightclub?

as a daytrader, I was slightly profitable. I improved as I switched to swing trading, but I learned everything about stock exchanges, money management and markets on the micro timeframe which helps me now building my own algorithm (learning python and R right now).

https://www.quora.com/Is-day-trading-a-massive-waste-of-time-considering-the-vast-majority-of-day-traders-never-turn-a-profit

The top rated answer for this was:

So yes, trading is not a massive waste of time considering my monthly income is 95 percent generated from it. Also, you haven’t heard of me because I’ve started trading for last 2 years. And I’m improving my skills everyday.

I’m generating 40 percent monthly profits on capital invested.

As my Facebook commentor expains, it is the automation that matters via a programming language like Python. If interested, you can always learn the way I do it buy learning from my Infrastructure Build Blocks for Python.

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Youtube video on Is optimizing a trading strategy a waste of time ?

Youtube video on Is optimizing a trading strategy a waste of time ?

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HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Adobe made Flash and Flex a huge waste of time to develop in. Thanks Bozos!!

Adobe made Flash and Flex a huge waste of time to develop in. Thanks Bozos!!

After years of setting up this junku Adobe Flash and Flex environment, I have managed to get what what I want. Well sort of. What crap Adobe is.

But I hear Adobe is a good company to work for.
http://ratemyemployer.ca/employer/employer.aspx?l=en&empID=290

Go figure

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!