The Thief’s Almanac

After speaking to “normies”, I realised one of the biggest misconceptions is that there is no edge in trading (especially crypto) if you don’t have a $500k system coded in C or something. 

Trading is at least 50%, imo a lot >50%, psychological. Some people have traits that predisposes as better (or worse) traders. Knowing how to take a loss is imo the *number one* success trade. With a bit of experience, these people can know when not cut losses too quickly. But you can almost never teach people in the inverse sense.

exactly, one of the great benefits (and opportunities) of crypto markets is that you can have an edge despite having a small book to start

building /juicebox | product marketing & growth | prev. NounsDAO, RAW DAO | learning to code

totally agree, still inefficient and therefore always opportunity to be found

I’ve been thinking of getting into perps lately, have only held spot for several years but follow markets pretty closely

I think crypto is just still somehow inefficient enough for a person to make it work even in spot (or trickier but very possibly perpetuals) trading. No matter the trading style (investing or shorter term trading).