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Bitcoin miner - page 143

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Dmi3:

Trading on the left side of the chart is always comfortable and profitable.

didn't get it... explain.

Maxim Romanov:

Still, you need to understand the mathematical difference between investing in an asset and a lottery. For a non-professional, nothing, but for a professional, everything.

Explain to a non-professional what it is?

Andrey Khatimlianskii:

Explain to a layman what?

The method for calculating probability and expectation) and the initial data for these calculations)
Valeriy Yastremskiy:
The method for calculating probability and expectation) and the initial data for those calculations)

Please elaborate.

What methods are used, what are the initial data, and why can't an investment in a lottery be called an investment because of this difference?

Andrey Khatimlianskii:

Please elaborate.

What methods are used, what are the initial data, and why can't an investment in a lottery be called an investment because of this difference?

The difference is in the probabilities leading to a total loss. and the actions affecting the result. In the lottery it is the game itself and the probability is about half, in the asset it is the third party actions leading to a disaster and their probability is usually lower)
By the way, bookmakers have been cut off from payments to illegals, they will have to switch to bitcoins))))

Valeriy Yastremskiy:
Разница в вероятностях приводящих к тотальному проигрышу. и влияющих на результат действиях.

Let's say there is a way to make a steady income in the lottery. is this already an investment or not?

Andrei Trukhanovich:

Let's say there is a way to make a steady income in the lottery. is this already an investment or not?

Then it is not a lottery)
GhostMan:

it's like saying...

https://www.mql5.com/ru/forum/329394/page123#comment_15520631

ahahah ) great reference - a coin that is not even cryptocurrency and has gone up in value by less than 2X when everything else has gone up ~10X.

Valeriy Yastremskiy:
It's not a lottery then)
Are you merging so quickly?
Andrei Trukhanovich:

ahah )

You're merging so fast?
One more time. Let's say there is a way to make a steady income in the lottery. The question is how many contradictions and unacceptable assumptions are there in this proposal?
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