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I would say a professional has a securities license but it's a subjective word obviously.
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Nov 10, 2017 21:39
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gary oldmans diary posted:can you not answer the question? i started trading with a very small amount of money, made some profit and enjoyed it, so i added more capital. the total amount of initial capital was a small fraction of my overall investment capital. since then i've traded in my spare time to earn extra money. it's been more than worth the time i've put into it, i enjoy doing it, and the risk-reward fits into my overall risk tolerance. it's basically a hobby for me with the perk of being profitable. quote:there is no qualifying element to being a professional that you cannot make more money from other sources
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Nov 10, 2017 22:02
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you still avoid answering that simple question. several posts avoiding it and still even now no yes or no. and its because you know calling yourself a professional trader is stretching things just too far. you became accustomed to calling yourself a trader since buying bitcoin and that no longer felt ridiculous but you intuitively understand saying youre a professional trader would just magnify the bullshit. you havent become accustomed to it. you understand that it sounds ridiculous now take that point back to the start of this conversation where i was saying you can sound ridiculous calling yourself a trader for buying bitcoin when youre talking to people who arent into bitcoin. get it? you do yourself a favor by just saying you invest in bitcoin/cryptocoin like a normal person would say it a simple point to make. dont know why you fought against it so hard for so long for more info on cults and insular language consult your local library
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Nov 10, 2017 22:11
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You buy a bitcoin like a beanie baby and hope it appreciates in value due to its perceived rarity.
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Nov 10, 2017 22:19
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to make another running analogy if i tell someone about how i run a few times a week and am training for a 10K and hope to beat my personal best time, do i have to explicitly state "i am not a professional runner" for them to understand that i'm a hobby runner? likewise, if i tell you that i started trading a small amount and then added some more and now trade in my spare time to earn extra money, do i have to explicitly state "i am not a professional trader" for you to understand that i'm a hobby trader? before talking to you, i would think the answer is obviously "no" i don't say that i invest in bitcoin because trading and investing are two distinct ideas and sets of behavior. what i do is trading https://www.investopedia.com/ask/answers/12/difference-investing-trading.asp quote:Investing and trading are two very different methods of attempting to profit in the financial markets. The goal of investing is to gradually build wealth over an extended period of time through the buying and holding of a portfolio of stocks, baskets of stocks, mutual funds, bonds and other investment instruments. Investors often enhance their profits through compounding, or reinvesting any profits and dividends into additional shares of stock. Investments are often held for a period of years, or even decades, taking advantage of perks like interest, dividends and stock splits along the way. While markets inevitably fluctuate, investors will "ride out" the downtrends with the expectation that prices will rebound and any losses will eventually be recovered. Investors are typically more concerned with market fundamentals, such as price/earnings ratios and management forecasts.
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Nov 10, 2017 22:19
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Uranium 235 posted:if i tell someone about how i run a few times a week and am training for a 10K and hope to beat my personal best time, do i have to explicitly state "i am not a professional runner" for them to understand that i'm a hobby runner? and yet when compared and contrasted with trading you have trade:trader::run:runner. then you add an explicit not-professional to running and left the trade side empty which in the context of a comparison implicitly signifies a difference Uranium 235 posted:i buy and trade things on an exchange, the literal definition of trading, so i'm a trader. i also go running sometimes so i'm a runner. don't mean i'm a professional runner and no one would ever think i'm claiming to be one when i call myself a runner
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Nov 10, 2017 22:26
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Uranium 235 posted:to make another running analogy You are a professional if someone else pays for your work
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Nov 10, 2017 22:32
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gary oldmans diary posted:ahem. hey goofball do you not realize that you did explicitly state that you are not a professional runner when you first mentioned running even though you have stated numerous times since then that there is no point in doing so relative to running thank you for proving that internet pedants are dumb as rocks (that's a simile)
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Nov 10, 2017 22:33
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Fried Watermelon posted:You are a professional if someone else pays for your work no one pays me for running i'm not a professional runner gary oldmans diary what do you think this means about my trading? professional or not? apparently if i don't explicitly complete this analogy, gary oldmans diary can't figure it out, like a rudimentary AI pondering a paradox and frying its circuits
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Nov 10, 2017 22:35
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Uranium 235 posted:so you think i used the runner analogy to say that i AM a professional trader? that makes no sense the alternative is you saying a thing that happens to by stunning coincidence happen to fit into a comparison that you have adamantly stated over and over you would never say in normal speech just for no reason at all. your hands on the keyboard were possessed hey that is a simile. youre 1 for 3 very disappointing that you dont seem to understand how explicits and implicits work in the context of comparisons. its very easy but you keep being confused. on the bright side maybe youre at least just being disingenuous and arent actually too dumb to understand it gary oldmans diary fucked around with this message at 22:40 on Nov 10, 2017 |
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Nov 10, 2017 22:38
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it hink you will find that you are in fact the dumb one - a good rear end poster
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Nov 10, 2017 22:44
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wait is your new thing going to be that arent such things as professional traders who work for themselves? is that the new route youre going to take? i will never get tired of watching your answer change as you try to dodge reality one way after another the part that is weird is how much you want to call yourself a trader for handling bitcoin. its not that distinguished of a title Uranium 235 posted:it hink you will find that you are in fact the dumb one  rear end poster you dont think highly enough of yourself
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Nov 10, 2017 22:46
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gary oldmans diary posted:wait is your new thing going to be that arent such things as professional traders who work for themselves? is that the new route youre going to take? i will never get tired of watching your answer change as you try to dodge reality one way after another quote:
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Nov 10, 2017 22:52
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Uranium 235 posted:to shitpost and call you dumb for not understanding the obvious  
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Nov 10, 2017 22:56
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more like shitcoins
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Nov 10, 2017 23:26
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I'll have what john mcafee's having
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Nov 11, 2017 00:15
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Uranium 235 posted:but it is a good Not according to the definition of "good" that you posted
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Nov 11, 2017 01:59
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QuarkJets posted:Not according to the definition of "good" that you posted
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Nov 11, 2017 02:38
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Here's a feelgood bitcoin story CEO who presided over Mt. Gox’s collapse could end up with massive profits quote:...
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Nov 11, 2017 02:45
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poverty goat posted:Mt. Gox
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Nov 11, 2017 02:58
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is bitcoin finally good?
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Nov 11, 2017 03:41
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Uranium 235 posted:i beg to defer Seriously, read your own screenshot you illiterate buffoon. You meant to say that bitcoin is a good in the economic sense, but your screenshot didn't include the economic definition of "good". If you expand the Google definition, it's one of the terms that you don't show in the screenshot e: lol I didn't even notice at first that you wrote "defer" instead of "differ", going to leave my "differ" interpretation regardless QuarkJets fucked around with this message at 04:38 on Nov 11, 2017 |
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Nov 11, 2017 04:30
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Uranium 235 posted:i beg to defer
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Nov 11, 2017 04:36
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i work for financial institutions and the bitcoin poison is in full effect. they think we nerds are onto something and i don't have the heart to tell them they're excited over dutch tulips
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Nov 11, 2017 04:38
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actually i do tell them. i tell anyone who will listen good people try to prevent other people from being scammed
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Nov 11, 2017 04:39
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God I get a boner just thinking about everyone's 401k being 5% cryptos. Ferrari Laferrari here I come.
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Nov 11, 2017 04:43
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Mandator posted:i work for financial institutions and the bitcoin poison is in full effect. they think we nerds are onto something and i don't have the heart to tell them they're excited over dutch tulips Bitcoin!
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Nov 11, 2017 04:44
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QuarkJets posted:Seriously, read your own screenshot you illiterate buffoon. You meant to say that bitcoin is a good in the economic sense, but your screenshot didn't include the economic definition of "good". If you expand the Google definition, it's one of the terms that you don't show in the screenshot oh wow i didn't notice thank ewe for pointing that out
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Nov 11, 2017 04:54
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vortmax posted:Defer to what? Or whom?
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Nov 11, 2017 04:57
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Uranium 235 posted:gary oldmans dictionary drat i do good work
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Nov 11, 2017 05:02
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gary oldmans diary posted:eh theyre both books but it doesnt really fit. peep this: gary oldmans glossary bitcoin!
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Nov 11, 2017 05:19
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gary oldmans diary posted:eh theyre both books but it doesnt really fit. peep this: gary oldmans glossary
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Nov 11, 2017 14:22
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Minimalist Program posted:I think everybody who has strong opinion on the internet coin, needs to stop having strong opinions about it, as it is a retarded and silly phenomenon and symptom of late stage capitalism.
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Nov 11, 2017 14:27
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 Bitcoin is headed back down to $6000 But don't worry! Everyone will see its low, low price and go into a buying frenzy, pushing it back up again and over $10,000!
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Nov 11, 2017 14:35
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Toys For rear end Bum posted:
yesss 
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Nov 11, 2017 14:57
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Hurray! The thread title makes sense again.
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Nov 11, 2017 15:10
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Uranium 235 posted:gary oldmans model train instruction manual
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Nov 11, 2017 15:40
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quote:aww and i thought you were gonna be cool but instead it turns out you youre actually upset about not understanding how to read comparisons
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Nov 11, 2017 16:27
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Uranium 235 posted:i found this entry for "i'm not mad you're mad" in gary oldmans thesaurus
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Nov 11, 2017 16:33
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| # ? May 30, 2024 16:28 |
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I woke up this morning and checked my facebook. Apparently my cousin is a bitcoin billionaire. He is already a millionarie from selling his tech company he made in college. He actually a really smart and nice dude. I'm really happy for him that he isn't one of the sob stories of bitcoin. However bitcoins are so loving stupid, I wish he had become a billionarie by ripping off the poor like other billionaries. Also I hope he isn't the Mt. Gox owner but that would be hilarious.
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Nov 11, 2017 17:13
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