Topic: I'm new & have a few questions (Read 1073 times)

Welcome to the forum

Did you gain any real world experience yet?

What I meant was that I never actually did any investing before...

Or worse

http://www.youtube.com/watch?v=qXPmtf4udRE

Maybe it can't, if he is disabled, and can't move or something.

He hasn't logged in for a week, so I guess he is fixing it. ;-)

Should be fixed. 

maybe he spends all his time on the computer :-)

Fix this.

what is this and what need to do there please some explain is this gambling site or what ??

Super martingale. http://www.fortunepalace.co.uk/supermartingale.html
Works great if you have an infinite bankroll.

I am also waiting for a formula which give too much bitcoins in short term

The 'formula' is super martingale, you're welcome.

Hey Oscura,

The main thing to worry about is fraud and security of your coins.  The Crypto-currency market is pretty unpredictable I would recommend getting involved with some cheap alt coins if you want to keep the initial outlay low.  However Bitcoin is the most prevalent but will cost you more to get involved.  

If you do work out a formula to make tons of BTC let me know

Thanks for the link! That's the kind of things I'm interested in. And well obviously, no way I'd invest everything at once..

Since you asked, here is a list of Bitcoin's weaknesses: https://en.bitcoin.it/wiki/Weaknesses
Attacks that bring down the network (51% for example) are very unlikely.

Bitcoin's value can be considered "too good to be true" and you are taking a risk by buying BTC. Don't spend your life savings on buying BTC in the hope that it will be worth $1000, because it probably won't.

Obviously I know that.. But I'm not saying I'm smart, I'm saying I'm well educated in math. I can easily work with models like TRIX or William %R, as well as integrating various models and creating systems of data analysis. That's as far as my knowledge goes; What else should I educate myself in?

Don't put all of your eggs in one basket. If you're as smart as you claim to be, you should know that. Life is not a TV show. If you do something stupid, nobody is going to care.

Well, I do have some savings to pay for my student room for a while; I'm not a huge spender and I did some freelance work while getting my master's degree. I'd like to try working with this for a few months; Predicting fluctuations with my current knowledge would have been profitable enough to support myself the past 3 years if I had gotten into it back then; I mean, if I really get in a pinch I can always fall back on working a regular job - there's quite a bit of work in my field of study luckily, but I really want to try making it on my own. Failure is accepable, but I want to optimize my chances of succes before trying. I'm not looking for long-term security; If I make some money and have fun doing so the next months, than end up not being to support myself as well as predicted, it'll have been an interesting experiment

I mean, investment banking is exactly that, speculating. Remember also that I do have extensive knowledge of advanced data analysis methods, know how to apply mathematical insight to find patterns in huge amounts of data; That's always been my strength, seeing complex structures in systems where other people only see chaos. I really want to try making a living doing that; there are people who have gotten rich in BTC/LTC, and not all of those just got "lucky."

Am I counting on getting rich, or even being able to make a living? No. But I'd like to experiment with it. I've never really had "security" - I'm used to living from month to month, no point in growing up now, it's never worked for me in the past 

Cryptocurrency is too speculative a venture to make your primary carreer.  You should get a job with a decent wage in order to support yourself and consider investing small amounts in bitcoin related vehicles as a hobby. Work is not meant to be fun (although it can be rewarding and provide a sense of accomplishment)-that is why it is called work.