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I think you hit the nail on the head...
Hi Gordon,
Great post! That's the way the marketers are making moolah with all of these... which is selling shovels to gold miners! Will crypto be "hot" again? I don't know... But you're right... There's a lot of moolah to be made selling "shovels" to "gold miners"... ...which includes crypto (when it's hot), stock market speculation, real estate property of all kinds, speculative antique collecting, collectible toys, and the list goes on and on... By the way, while there are a lot of "scams" - I don't think it's all "scams"... I've worked in this field myself (I was once hired as a consultant to develop algorithms to analyze the stock market)... We came up with some very interesting stuff...! One of the ways (which works to a degree) is to look at trends. I developed software that (among other things) could analyze all the stocks in the S&P 500, and look for trends... The idea is, when you see a trend, you invest in the trend... As soon as the trend breaks, you get out... (We also had a lot of other algorithms we tried as well, some more successful than others...) Thanks Gordon! Best wishes, Dien P.S. If anyone wants me to help develop stock market algorithms for them, shoot me an email... Quote:
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