tradri

6 ms·

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Ask HN: Is it reasonable to use BRK as a lifelong savings vehicle?
1 points by tradri 5y ago|1 comments
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by tradri 6y ago
That's like saying that investing in the S&P 500 is nonsense, because if it were so easy then everybody would be doing that, and nobody would buy bonds. The thing is, that there is a risk/reward relationship for everything in
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Ask HN: 3x leveraged ETFs – The winning long-term strategy?
7 points by tradri 6y ago|9 comments
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Leveraged ETFs and Dollar Cost Averaging – Doubly Good?(ddnum.com)
2 points by tradri 6y ago|0 comments
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by tradri 6y ago
It's kinda hard to create a world-class transactions system when the philosophy is that the bottleneck should be a below-average computer and internet connection.
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by tradri 6y ago
2 bubbles supporting each other.
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by tradri 6y ago
Yes, I assume that the core rules will not be changed, which requires an element of trust, making it more similar to FIAT currency than gold in that regard.
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by tradri 6y ago
Personally, I'm not invested in Bitcoin or any other altcoin so please don't assume I'm biased, but theoretically Bitcoin could increase in value indefinitely. There will always be people that lose their private keys and the
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by tradri 6y ago
Of course nobody uses Bitcoin as money today. My question was purely hypothetical, in the case Bitcoin ever becomes a more attractive store-of-value or reserve asset than gold (maybe because its easier to transfer, store and verify ownershi
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Ask HN: Are heavily deflationary Cryptocurrencies sustainable?
5 points by tradri 6y ago|7 comments
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by tradri 6y ago
For the vast majority of people Bitcoin in its current form provides a worse user experience than PayPal, VISA, etc.. because the fees are a lot higher and the transaction times are longer. If you want to buy $1.5 billion worth of Bitcoin t
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by tradri 6y ago
The argument for gold is that it isn't 100% a speculative investment. According to Wikipedia( https://en.wikipedia.org/wiki/Gold ) 50% of gold's use case is in making jewelry and 10% is used for industry. On th
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by tradri 6y ago
Thanks for the suggestions. They seem interesting.
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by tradri 6y ago
isn't that the question of what makes things go viral?
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by tradri 6y ago
another relevant one: lockdowns cause more deaths because people don't have a job and are depressed. Edit: According to Elon Musk and others.
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by tradri 6y ago
taking the anarchist's approach: if people are happier owning tusks and using the stock market as a casino than seeing elephants and having stable finances, let em do it.
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by tradri 6y ago
To link it to the world of investing, other key factors that drive returns/risk of assets are value, size, quality, yield and volatility, besides momentum. It's a multi-variate equation.
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by tradri 6y ago
Interesting read about feedback loops and self-fulfilling prophecies. However, the author made it sound as if "momentum" is the only thing that drives human behavior. While it's certainly a part, I wouldn't say it's