Posit

Full-time scientist, part-time trader.
Follow for real thoughts and trade ideas.

[Posit @EmuBtc]

@Raizelxbt 19

[Posit @EmuBtc]

@KillaXBT Killa, since OI is demoniated in USDT, then wouldn't it be more prudent to look for increases in OI with Open Interest/Market Cap ratio rather than raw OI? Its hard to tell if posotions are actually opening here.

[Posit @EmuBtc]

@realcryptoelio After years trading in the crypto market, ive made every mistake imaginable. I know how to lose money. I know how traders lose money. I have first-hand experience of the difference between trading, and gambling. I am understand the numbers game. But I've never had the capital.

[Posit @EmuBtc]

@cryptobeastreal Happy new year!

[Posit @EmuBtc]

@broskisol PENGU

[Posit @EmuBtc]

Has leverage trading ever negatively impacted your personal or professional life?

[Posit @EmuBtc]

But this issue needs more recognition, and echanges need to accept some level of accountability here.

What do you think?

[Posit @EmuBtc]

and access to experimental products to keep customers engaged with their products.

Trading can be highly lucrative. And I don't believe banning leverage trading is productive, as it will likely push users to lesser regulated services.

[Posit @EmuBtc]

Over 1 in 5 men are predisposed to gambling addiction, and even if you, or your favourite CT influencer can trade responsibly, unfettered access to excessive risk on popular exchanges are ruining and taking the lives of numerous vulnerable young men.

[Posit @EmuBtc]

Derivative trading has been completely gamified, and cryptocurrency exchanges have rapidly started operating more like casinos. Derivative trading from retail participants make up a significant portion of profits for exchanges, and they are increasing incentive programs...

[Posit @EmuBtc]

Despite governments working to restrict risky products and inplement KYC requirement among well regulated exchanges, it has never been easier to access leverage and highly speculative products.

The main culprit being access to excessive (50x - 100x leverage).

[Posit @EmuBtc]

I had a trading addiction.

We need to talk about pathological trading in this community. 🧵

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The past several years has seen a tremendous surge of participation in speculative crypto-related derivative and instruments. Most of this is among adolescent and young adult men.

[Posit @EmuBtc]

@pepeXBT Hey Pepe, noticed we have same story, 20yo last bull run, Aus, round tripped love changing gains, learnt but unfortunately haven't been able to capilaise on this run since I wasn't earning enough to invest over the last couple years 😢. Hoping there is still time.

[Posit @EmuBtc]

@StackerSatoshi Yew! Need this after losing it all on FTX.

[Posit @EmuBtc]

@popesta @saifedean Nice original joke

[Posit @EmuBtc]

@saifedean He is also conflating amounts with concentration.

[Posit @EmuBtc]

@saifedean Literally just not how it works. Lungs are build with high pressures if atmospheric gases incl CO2 to inhibit absorption, except for oxygen. Yknow over 70% of air is Nitrogen, and we don't breathe nitrogen!? Also, non anthropogenic CO2 is part of a cycle that absorbs it.

[Posit @EmuBtc]

@Ninjascalp Keep roundtripping because of ES, fuckin BS, need to stop trading NY session, also get cucked

[Posit @EmuBtc]

@Ninjascalp Cucked by US500. We learn and try again, king

[Posit @EmuBtc]

@AlgodTrading Falling for manufactured reactionary propaganda. If you use your brain and accept that trans people exist, like secular preference, that is innate and cannot be forced upon, than you'll be able to see through these baseless arguments of prejudice