Woo math

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🍂 🍂 November 30, 2017 🍂 🍂

"Never think that lack of variability is stability. Don't confuse lack of volatility with stability, ever." ― Nassim Nicholas Taleb

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THE FEATURE

Just 400%? Willy Woo's Magic Math for Insane Crypto Returns


Willy Woo sounds like a high stakes altcoin gambler.

He's often looking for insane 100x to even 1,000x gains, and he's willing to stomach the kind of volatility that could wipe out three-quarters of his portfolio's value over a couple of weeks.

And while everyday investors might be bewildered by those concepts, it's not too surprising for Woo, given his background.

While now best known for his innovative philosophies on cryptocurrency, Woo got his start in the trading world buying derivatives during the run-up to the 2008 financial crisis — he started shorting bank stocks right before the banks collapsed. And that experience gave Woo a pretty solid understanding of how to trade markets when they're at their most volatile.

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