I am convinced that the most important thing to my overall return performance over the next few decades will be my data pipeline.
Quantitative methods in my opinion are superior as it removes a lot of the bias out of trades and allows you to optimize risk and returns. This has become a popular means of method for many of the new economy hedge funds that have popped up since post-1997 and yet a staggering number of them struggle and underperform, why? Because their data pipeline and infrastructure sucks. Out of those that do succeed very few of them put much study into anomalies and therefore have weak multidecade performance.
Pipeline is everything.
That'll probably work, considering we need to set emotions aside when trading, which is easy for small amounts, but the bigger the investment, the more difficult it is to set feelings aside.
Indeed.
The last 7 months (3 of which were void of trading do to illness) I've spent all my time learning the fundamentals and am now at a point that I am extremely profitable on intraday trades. I could stick with this level and at the least will be a millionaire and say fuck it but honestly I am not in trading for the money anymore.
Finance is a fascinating and data rich space ripe for mathematical developments.
The more I read about crypto the more I want to get involved in that as well, and I mean beyond just trading. Idk if I want to get into actual dev stuff but honestly cypto specific models are completely none existent - you can of course use carry methods over from normal finance but I in know way believe they do crypto products justice as they really are a whole other type of animal.
If you want to make your own project it's more practical to use one of the existing blockchain networks as opposed to making your own blockchain from scratch, unless you have the funds to promote the project.
Secondly, Ethereum is the most popular platform for creating your own project on. The the energy and bandwidth fees to get anything done on there is insane. I honestly don't know if testnet would be costly.
Tron on the Other hand, much better for development. All a holder needs to do is freeze 1 TRX in their wallet and transactions are 100% free, while Ethereum is suffering from high fees, and that goes for every single defi project on the Ethereum blockchain, but whatever you do, it can be easily ported between Ethereum and Tron blockchains. You can pull a Tether and have your token on multiple blockchains but that'll depend on your project.
Personally, I think Chainlink should be on multiple chains with software implemented into it so Chainlink can interact with itself even on other blockchains. At least that's what Chainlink is supposed to do, but I don't see it on the much more advanced Tron Blockchain.
