4 ms·

I know people who made a decent living from sneaker trading though.

altdataseller 5y ago
Same. Know a handful of ppl making well into 6 figures a year selling on StockX.
Karrot_Kream 5y ago
Yeah I grew up in the hood and some of the more successful people from my area started their financial life by sneaker trading.
gameswithgo 5y ago
you can make a decent living in all kinds of nonsense if you can either find a way to predict collective mood swings or just get lucky. with millions of people scheming at blockchain stuff there will be thousands getting lucky over and over thinking they are smart
- bl4ckcontact 5y ago
  But at what point do we qualify something/someone as “smart”? I’d argue that someone that’s getting lucky over and over again are clearly on to something. As the saying goes: “You create your own luck”.
  - pooper 5y ago
    > But at what point do we qualify something/someone as “smart”? That's a good point. We can only give our guess based on what we know. For example, people regarded Alan Greenspan as "smart" before 2008. I now think he is an idiot at best and a horrible, malicious person at worst (the truth is probably somewhere in between). Maybe things will change in a few decades and people will then recognize him as "smart" again? It is pretty silly trying to predict the future. > I’d argue that someone that’s getting lucky over and over again are clearly on to something. As the saying goes: “You create your own luck”. I present Sir Isaac Newton as a counterexample. Clearly a smart person but just because someone is smart does not mean he was right about everything. In fact, we know now that his nonsensical "work" with alchemy killed him. I am positive that this fad will fail. I am just annoyed that now the name web3 is taken by this nonsense.
- everfree 5y ago
  Most of the entertainment industry is about predicting collective mood swings.
- jboy55 5y ago
  People made good money selling Beanie Babies, Baseball Cards and other fads... at the beginning of those.

Same. Know a handful of ppl making well into 6 figures a year selling on StockX.

Yeah I grew up in the hood and some of the more successful people from my area started their financial life by sneaker trading.

gameswithgo 5y ago

you can make a decent living in all kinds of nonsense if you can either find a way to predict collective mood swings or just get lucky. with millions of people scheming at blockchain stuff there will be thousands getting lucky over and over thinking they are smart

bl4ckcontact 5y ago
But at what point do we qualify something/someone as “smart”? I’d argue that someone that’s getting lucky over and over again are clearly on to something. As the saying goes: “You create your own luck”.
- pooper 5y ago
  > But at what point do we qualify something/someone as “smart”? That's a good point. We can only give our guess based on what we know. For example, people regarded Alan Greenspan as "smart" before 2008. I now think he is an idiot at best and a horrible, malicious person at worst (the truth is probably somewhere in between). Maybe things will change in a few decades and people will then recognize him as "smart" again? It is pretty silly trying to predict the future. > I’d argue that someone that’s getting lucky over and over again are clearly on to something. As the saying goes: “You create your own luck”. I present Sir Isaac Newton as a counterexample. Clearly a smart person but just because someone is smart does not mean he was right about everything. In fact, we know now that his nonsensical "work" with alchemy killed him. I am positive that this fad will fail. I am just annoyed that now the name web3 is taken by this nonsense.
everfree 5y ago
Most of the entertainment industry is about predicting collective mood swings.
jboy55 5y ago
People made good money selling Beanie Babies, Baseball Cards and other fads... at the beginning of those.