BlockSpark Chat 💬

The lesson is coming sooner or later 🤣

People defo don't have the patience, but even retail has been constanty selling for the last 5 years, institutions (with far more money) are buying a lot of ethereum which i think is part of the reason why it hasn't fallen to really bad numbers. So since institutions are accumulating a lot of the supply, once the ship turns on ETH retail will come back buying it i think

What matters is learning quickly I guess cos you can’t avoid the Ls no matter what you do but we just hope for Wins that’ll make us forget all the losses

i heard something like 90% of the forex market being traded is by bots

so that goes to show how in a lot of cases human psychology can be the weak link behind being profitable and not being profitable, for memecoin trading tho i think no bot has beaten a human yet cause theres just too many variables

Yeah, well bots can use history of the market to make predictions and stuff I don’t think bots can do that when tokens are launched on pumpfun every second lol, what history does it have to work with, too many uncertainties

and even then, bots making money on markets like futures etc are not prediction bots per se, its only statistical models that are mathematically designed to have positive expectancy over a long period of time

but prediction does kind of work in really high frequency trading using stuff like market microstructure, by high frequency trading i mean like 1 - 10 trades a second

Ahh I see, well they always said not to trade with emotions so I guess it makes sense if everyone is using bots now lol

I never really liked futures personally, but if did get my hands on a reliable bot I’m sure I’ll make more sense to me

I think you didn’t get me haha, I meant “if” I do not currently have or use any bots to trade right now, haven’t traded in a minute even tho I call myself a degenerate, I should be a disgrace to all degenerates now I think haha

i think we all are degenerates at some point at the right time and right place anyway 😂

Alright sure thing brother, will keep that in mind, appreciate you

See you around brother

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Anybody else notice on the CEX meme coins popping up, 77% in one day, 200% in one day. On Moonshot I’m seeing memes up 4X, 5X in like six hours. Example “Pistachio” 13K% Where are these hot memes trading? Everything is just so scammy, you don’t know who to trust. The market is picking up in the last couple of weeks though