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The three biggest mistakes new cryptocurrency investors make are wrong timing, wrong thing, and wrong amount. This week, in elaborating on these mistakes, I revisit an interview I conducted with Dr. Leonard Mlodinow back in 2009, where we discuss how to succeed in a random market.
In this week's conversation, we talk about:
✓ Why rats are better at probability than humans are
✓ How do we know markets are random
✓ How does a drunk walk
✓ How many times do we have to play the World Series to know statistically which team is better
✓ If the market is random, how do fund managers and day-trading course, still exist?
⟺FREE ONLINE TRAINING: Sign up for "How A Little, Little Bit of Bitcoin Can Make Your Retirement Savings Go A Lot, Lot Further", at https://sanecrypto.com/retirement
FULL SHOW NOTES ARE AVAILABLE AT: https://sanecrypto.com/podcast
QUESTIONS OR FEEDBACK: Email:[email protected] Twitter: @sanecrypto
SUBSCRIBE, RATE AND REVIEW: Hope you will subscribe so you don't miss any episodes and, of course, give us an honest Rating and Review. I read each one and it helps tremendously to improve the show.
DISCLAIMER: Nothing said on this show should be considered investment advice. Past performance is no guarantee of future results. All investments involve risk and may result in a loss. Investors should consider their investment objectives, risks, charges, and expenses of any and all financial instruments carefully before investing.
By sanecrypto.com - Cryptocurrency Investing For RetirementThe three biggest mistakes new cryptocurrency investors make are wrong timing, wrong thing, and wrong amount. This week, in elaborating on these mistakes, I revisit an interview I conducted with Dr. Leonard Mlodinow back in 2009, where we discuss how to succeed in a random market.
In this week's conversation, we talk about:
✓ Why rats are better at probability than humans are
✓ How do we know markets are random
✓ How does a drunk walk
✓ How many times do we have to play the World Series to know statistically which team is better
✓ If the market is random, how do fund managers and day-trading course, still exist?
⟺FREE ONLINE TRAINING: Sign up for "How A Little, Little Bit of Bitcoin Can Make Your Retirement Savings Go A Lot, Lot Further", at https://sanecrypto.com/retirement
FULL SHOW NOTES ARE AVAILABLE AT: https://sanecrypto.com/podcast
QUESTIONS OR FEEDBACK: Email:[email protected] Twitter: @sanecrypto
SUBSCRIBE, RATE AND REVIEW: Hope you will subscribe so you don't miss any episodes and, of course, give us an honest Rating and Review. I read each one and it helps tremendously to improve the show.
DISCLAIMER: Nothing said on this show should be considered investment advice. Past performance is no guarantee of future results. All investments involve risk and may result in a loss. Investors should consider their investment objectives, risks, charges, and expenses of any and all financial instruments carefully before investing.