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The way for me is the stock market - building trading robots, this is the way to get your FU money and believe me it is well worth it and it is the ultimate fre
by SirLJ 9y ago
The way for me is the stock market - building trading robots, this is the way to get your FU money and believe me it is well worth it and it is the ultimate freedom in life...
I would recommend starting with Interactive Brokers or similar API (it is free), small linux VPS, some data for back testing and off you go, for around $100 you can start + a lot of time of course... Start by testing any trading strategy you can fin on the net for free, they will fail, but you'll observe why and one day you will find your own edge...
- shinryuu 9y agoDid you succeed?
- SirLJ 9y agoAbsolutely, been doing it for a few market cycles already and the automation is a god sent, everything is working on an autopilot...
- gallerdude 9y agoI’ve considered going into this with neural nets - given your bio it seems you have some experience. But is this viable with a low amount of starting funds? If I programmed a .51 optimal crypto trading bot, it’d take a long time for my money to grow.
- SirLJ 9y agoCrypto is too risky for me: the market is tiny, lot of hacks and crooks, not regulated/no government protection and probably manipulated... For the money, yes, to make money you need money, e.g. trading with less than 6 digits account is not going to make a difference and for sure it will take time, this is not a get rich quick gimmick...
- Scarbutt 9y agoWhat's your net worth?
- SirLJ 9y agoenough to not work a day in my life and hopefully will leave it to my children when they are old/wise enough...
- fpisfun 9y agoCryptocurrency currency bots can be way more profitable in my opinion, I'm working on this myself. The complexity is no joke, to build a truly robust system, but hopefully it will be worth it
- readhn 9y agoYou are entering the market at the time similar to a tulip bubble mania. Be VERY CAREFUL. There is time to be IN the market and there is time to be OUT of the market.
- fpisfun 9y agoThe alt coin market is always up and down I'm not referring to trading only Bitcoin. Also it's fully algorithmic trading so there's no emotion involved, etc
- readhn 9y agoAre you really smarter than a bunch of Quants with PhD's in math/CS and unlimited resources (hedge funds etc)? Get rich quick does not work in the stock market. Get rich quick = lose money quick in 99.999% of cases.
- lee101 9y agoCheckout our Live Updating Forecasts at https://bitbank.nz https://bitbank.nz They are driven by a trading bot based on machine learning, doing a pretty good job predicting when things are overbought / sold. We have a free 1 day trial then plans starting at .03 BTC for 3 months. Also checkout our affiliate program where you can earn .003btc per paying user referred :) We also provide a live API and bulk data to the technical HackerNews types. There is a lot of money flying around in the Crypto space right now and with some good forecasts/data you can go a long way even manually trading :)
- SirLJ 9y agoThanks, but I’ll pass... My system is actually working, so I don’t have to sell “predictions” with affiliate programs to make money in the markets...
- lee101 9y agoBitBank actually works very well, I'm open and transparent about the prediction accuracy https://BitBank.nz/accuracy https://BitBank.nz/accuracy we now plot our recommended buy and sell points over time in the graphs and you can click on a point in the past to see what our forecasts where. People are often tricked into thinking that trading is a zero sum adversarial game whereas in reality we can all benefit with the surge in crypto, I don't have the capital to trade much myself so I sell the trading system and reinvest in both trading and the trading system. Unfortunately affiliate programs do come across as spammy less than 1% of traffic currently comes through the referral program so no one's using it really