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Re: Money Money :-)

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On 2/28/25 1:44 PM, -hh wrote:
> On 2/28/25 13:01, Physfitfreak wrote:
>> On 2/28/25 4:55 AM, -hh wrote:
>>> On 2/28/25 01:31, Physfitfreak wrote:
>>>>
>>>>
>>>>
>>>> Nymshifter? I've never been nymshifter in my life. When I change 
>>>> alias, it is because I really have changed.  So depending on what my 
>>>> main type of activity has been, every few years my alias also 
>>>> changed accordingly. 
>>>
>>> "alias" = "PotAto, PoTaTo".
>>>
>>>
>>>> And I've never had more than one alias at the same time.
>>>
>>> AFAIC, even an annual change is too rapid to be bothered with.
>>>
>>>
>>>> You're underestimating what an individual can do by himself in the 
>>>> world of stocks and cryptos. 
>>>
>>> No, I'm merely recognizing that the difference in effort to decrease 
>>> the gambling risk is quite nonlinear; with the ROI being unfavorable, 
>>> I choose to not play that game.
>>>
>>>> Also, you have a ton of money in your mind when you think and speak 
>>>> of it, large enough to make you really concerned.  So I understand 
>>>> why you leave it to experts to handle such sums.
>>>
>>> I think you've misunderstood what I was saying with the experts: 
>>> their performance track records aren't any better than passive, and 
>>> since they cost more, they have an inferior ROI.  This is why ~half 
>>> the individual investor market today has changed from active to passive.
>>>
>>>> My world of trading is a microcosm of what experts are doing. It is 
>>>> a baby game compared to those who play with hundreds of thousands of 
>>>> dollars and higher.
>>>
>>> The raw dollars largely doesn't matter; it is if you're achieving 
>>> one's goals or not - along with the insight of how much work is it 
>>> taking you, to see if its worth the effort.  If its gambling for 
>>> entertainment, that's fine so long as entertainment is your goal and 
>>> you're willing to pay for it at up to the "100% loss" level.
>>>
>>>> Also, presence of experts in the field, or volume of their 
>>>> activities doesn't mean that they are necessarily competing with 
>>>> you. They can't play god, they can't control you down to your baby 
>>>> game if you know what you're doing. There are ample opportunities 
>>>> for an individual to make a few extra thousand dollars a year 
>>>> without even be felt by the big guys. 
>>>
>>> You'd be surprised.  I think I've mentioned a friend who's tinkered 
>>> with a momentum-based decision tool; their conclusion is that roughly 
>>> ~1/3rd of a price is from manipulation.
>>>
>>>> This isn't about suddenly making a ton of money, which can happen 
>>>> but one cannot rely on such strategies. It is about steadily making 
>>>> a little sum of money for "silly" expenses as I described. 
>>>> Especially during retirement.
>>>
>>> That can also depend on what sum is required for "silly", along with 
>>> what one's risk tolerance is for gambling.  Buying a lottery ticket 
>>> can have just as much upside potential, but at a lower level of 
>>> effort.  Or to have sufficient margin such that 'silly' expenses are 
>>> noise.
>>>
>>>
>>>> Try it if you like. Make a Robinhood account and put, say, $5k in it 
>>>> and try to turn it into $10k in one year. You'll have a lot of fun 
>>>> ahead of you :)
>>> Oh, I dabble in my 'gambling' set-aside.  Had a 100% loss a few years 
>>> ago on one pick, but well enough on a few others.  Current 
>>> speculation is up roughly +300% in less than a year.  But point is 
>>> that I know that its dabbling, and not necessary for my well-being or 
>>> happiness.
>>>
>>>
>>> -hh
>>
>>
>> Hmm.. I don't know what you exactly mean by, "alias" = "PotAto, PoTaTo". 
> 
> 
> Ah, sorry:  its a colloquialism:
> 
> <https://www.reddit.com/r/EnglishLearning/comments/1fmx44p/what_does_potayto_potahto_usually_mean/>
> 
> Its noting that on "nymshifting" vs "alias", you're trying to claim a 
> distinction without any effective difference.  See:
> 
> <https://en.wikipedia.org/wiki/Distinction_without_a_difference>
> 
> 
>> Did someone with alias "PotAto" pretended to be Physfitfreak? If so, 
>> you've been victim of immature pranksters like "DFS" or that "Sausage 
>> up wrestlers' ass" guy or Relf. Any "engineer" type bozo included. So 
>> many of them morons tucked inside COLA.
> 
> n/a
> 
> 
>> The aliases I use aren't even true aliases. They are _descriptions_ of 
>> me. And they have changed every 5 or 6 years, cause it takes that long 
>> for me (and other Modern Humans) to essentially become someone else.
>>
>> When I was deep into studying biology, I was "biofreak" here. When I 
>> was deeply into the world of Excel, I was "Excelfreak" here. etc and etc.
> 
> Doesn't matter AFAIC: I'm merely seeing "not the same name" so I don't 
> assume that it is still the same individual posting.  Since the most 
> common abusers of nymshifting are luzer trolls not worthy of attention 
> or care, its where that behavior mostly gets binned.
> 
>> Are you DRUNK when you reply to my posts? Why do I have to repeat 
>> myself every time we communicate? (I know why - this is not a question 
>> I need an answer for)
> 
> Because the real answer is something you don't like /s
> 
>> This "gambling" thing... Ok. Education time. I think prudent stock and 
>> crypto trading is not gambling. I think long term investments in such 
>> fields are more like gambling! Hehe :) I'm not kidding.
> 
> That's your opinion and you're entitled to it.  Personally, I'm not 
> convinced that crypto is any more of an intrinsic value asset than a 
> tulip bulb.  See:
> 
> <https://en.wikipedia.org/wiki/Tulip_mania>
> 
> 
>> Yes, it's not like real estate. Far less can happen negatively to a 
>> piece of land than to your long term investments. In USA of course 
>> long term investments are safer than in other countries. This system 
>> here is located too far (geographically) from what's going on in the 
>> world.
>>
>> Gambling is like crossing the street with your eyes closed and ears 
>> plugged. You'd do it either fast or slowly. That's as much control 
>> there is that you can have. A Russian roulette.
>>
>> But trading of stocks and crypto by yourself is like crossing the 
>> street the way people who manage it all their lives do. Yes, some 
>> morons get killed by crossing the street but that doesn't mean you 
>> cannot cross the street safely all by yourself.
> 
> And of course for this analogy, there's many ways to cross a street 
> other than under the supervision of a crossing guard, which in analogy 
> form would relate to varying levels of care vs carelessness...both of 
> the individuals and of the crossing guard (because using a guard is no 
> guarantee of never getting hit & killed by a car).
> 
>> Can I conclude, then, that you're chicken? :)
> 
> Nah, just better informed & less reckless than I was in the past.
> 
> 
> -hh
> 
> 


But still a chicken. If you are better informed now then you'd be 
trading, but more carefully. But you packed and left the whole thing to 
others to manage.

You don't trust yourself. I do :)

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                Re: Money Money :-) Physfitfreak <physfitfreak@gmail.com> - 2025-02-28 00:31 -0600
                Re: Money Money :-) -hh <recscuba_google@huntzinger.com> - 2025-02-28 05:55 -0500
                Re: Money Money :-) Physfitfreak <physfitfreak@gmail.com> - 2025-02-28 12:01 -0600
                Re: Money Money :-) -hh <recscuba_google@huntzinger.com> - 2025-02-28 14:44 -0500
                Re: Money Money :-) Physfitfreak <physfitfreak@gmail.com> - 2025-02-28 17:51 -0600
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                Re: Money Money :-) Physfitfreak <physfitfreak@gmail.com> - 2025-03-01 15:24 -0600
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                Re: Money Money :-) Physfitfreak <physfitfreak@gmail.com> - 2025-03-01 18:28 -0600
                Re: Money Money :-) Physfitfreak <physfitfreak@gmail.com> - 2025-03-02 13:34 -0600
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