/biz/ - Business & Finance

>>23460505
math phd's are typically the highest earners in crypto bro, don't even think about it seriously if you don't have a math phd

>>23460505
Also my real IQ is 174.
But I am still worried that it loses to people that are good at math.

Algebra is all you need to study finance.

>>23460505
Definitely not high level. Just understanding percentages puts you in the top 1% and should be enough

Bro, my IQ is 300, I am a literal ascended galaxy-brain and I hold LINK and FRC.

Know calculus
never used calculus in investing
started with 0.05 eth in march 2018
currently holding $22k USD
sadly missed chainlink's run would have 3x more if i didn't

>>23460505
You only need some spreadsheet and basic math knowledge to be a good investor.
Math won't help with pajeet scams

>>23460537
> 174 IQ
no its not lmao

Only people with sub 80 or above 170 IQ make money in crypto

>>23462364
False

>>23460505
I know what you mean, my IQ is 110 and I hate talking to 100 IQ peasants!!!

>>23460505
Nah your model shouldnt be purely math based unless youre programming bots. Elsewise you gotta factor in HYPE and MEMES.

>>23462384
Try talking to these fucks. They’re a different species closer to cockroaches than humans.>>23462384

>>23460840
Need a spreadsheet example.
I use notepad and it's a fucking mess.

>>23460537
>my real iq is 174
if you were truly this high iq then you would already know to be all in xrp

>>23463120
must be sarcasm because elementary math shows XRP has the worst tokenomics out of the top 100 coins besides algo

>>23460505
It's the opposite: being good at math generally makes you worse at investing, especially in an irrational and volatile market like crypto.

Why? Because in reality, there is no equation or algorithm that can help you reliably predict or time the market. But if you're good enough at math to make predictions based on some model e.g. Black-Sholes then you might *convince* yourself that you found a way to beat the market, whereas your average IQ midwit wouldn't even try. Then you fuck yourself hard when your model turns out to be bunk.

Myron Scholes himself got caught in this trap and lost five billion dollars in four months:
https://en.wikipedia.org/wiki/Long-Term_Capital_Management

The only known counter-example may be Renaissance Technologies but they have been doing this for decades and only hire the absolute best of the best from MIT and Courant:
https://en.wikipedia.org/wiki/Renaissance_Technologies

t. applied math degree

>>23460505
i mean there are only two types of people in crypto

math/comp sci faggots

and pajeets

you have a pretty good chance

The most valuable qualities for succeeding in crypto are: patience and the ability to stomach short term paper losses. These are infinitely more important than a big brained IQ or ability to parse high level abstract math concepts.

Ignore people crowing about their 10x every week, in any sizable market there will always be winners and losers. The winners will always crow about their prescience and the losers will always keep quiet about their losses until they turn into wins. It's an extremely bad signal to gauge your own relative success on.

>>23460505
No.
Read book in pic