[agumonkey]

First I'm quite biased against trading (feels a lot like gambling) also, a lot of the crypto crowd is new to trading and are constantly throwing prediction .. or even prophecies .. based on a few chart rules. None of them ever did math in the lives, they barely know about quant but when high emotions are involved you can say whatever confirms the bias.

[mruts]

No, you’re totally right. I’ve made a fortune and lost it (like 200k) and there was no skill on my part in either direction.

I work in finance for a hedge fund as a quant, and really hope I’m adding some alpha.

Though, sometimes I think all of our profits are due to luck.

[agumonkey]

What annoyed me is that is was waste heat, you win, they lose, capital flows somewhere else. On bitcoin platform you could see millions of dollars shift hands in a second. I was nauseous.. a pinch of that could solve so much things. It's a separate world.