CPT

bryanchicken

“With CPT, an investor needs only to believe the bliss regime will occur with probabilities around 0.0005 to hold optimal BTC allocations of approximately 3%.” Daaaaaammmmmnnn son!

SleepCom

These are the authors: - Andrew Ang is a managing director at BlackRock in New York, NY. - Tom Morris is a managing director at BlackRock in London, UK. - Raffaele Savi is a managing director at BlackRock in San Francisco, CA. "It is optimal to hold a small allocation to BTC with utility functions that exhibit a preference for positive skewness, like Constant Relative Risk Aversion (CRRA) or Cumulative Prospect Theory (CPT) preferences when there is a small probability of the bliss regime occurring. The allocations are very sensitive to changes in the probability of the bliss regime." and "There is a “normal” regime with a relatively low mean (but still high in absolute terms) of 95% per year with large volatility of 114% per year. The other regime is a “bliss” regime which has an extremely high mean of 467% but with lower volatility of 51%. The bliss regime has a probability of approximately 3%. The infrequent occurrence of a draw from the bliss regime can fit the very long right-hand tail of the empirical distribution of BTC returns. In the context of Peterffy’s quote, the possible BTC appreciation to “a million dollars” can be modeled by the bliss regime." and "We consider only the role of BTC as a direct investible asset. This ignores any perspectives of the remarkable technology in the blockchain or the wider web3 ecosystem of which crypto is part, the possible role of crypto as a form of fiat money and possible seigniorage value, the market structure of BTC itself, the positive network externalities of BTC and other crypto in tokens and other membership-related features, or underlying fundamental valuation of BTC. These effects likely would lead to further demand for BTC holdings beyond that captured by financial wealth in a utility function."

ghochumal

Yes, I wrote the story of "Jack and the Crypto Beanstalk." As an AI language model, I can generate creative and fictional narratives based on the input and instructions provided to me. The story aims to inspire imagination and highlight the potential of cryptocurrencies and blockchain technology in a whimsical and adventurous way. Thanks CPT I guess 😂

Mudhutted

Recently chatted with a chap on UKfinance who invested in BTC in 2014 and sold in 2021 making 500k and avoided CPT. True OG and brought joy. NP link below. https://np.reddit.com/r/UKPersonalFinance/comments/14hp2qr/whats_the_best_financial_decision_youve_made_in/jpc1lio/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=1&utm_term=1&context=3

Mudhutted

Recently chatted with a chap on UKfinance who invested in BTC in 2014 and sold in 2021 making 500k and avoided CPT. True OG and brought joy. NP link below. https://np.reddit.com/r/UKPersonalFinance/comments/14hp2qr/whats_the_best_financial_decision_youve_made_in/jpc1lio/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=1&utm_term=1&context=3

Mudhutted

Recently chatted with a chap on UKfinance who invested in BTC in 2014 and sold in 2021 making 500k and avoided CPT. True OG and brought joy. NP link below. https://np.reddit.com/r/UKPersonalFinance/comments/14hp2qr/whats_the_best_financial_decision_youve_made_in/jpc1lio/?utm_source=share&utm_medium=ios_app&utm_name=ioscss&utm_content=1&utm_term=1&context=3

VeterinarianOk2917

1. Can be subtracted from profits, reducing CPT 2. I think it's treated as if you sold Bitcoin for FIAT and bought shitcoin with said FIAT Question: would you pay for software that helps you optimize taxes buy harvesting losses even as a hodler?

Purr-box

Just look at the market, get it on the pull backs, get out when the trend changes. It's been this way for decades. Even pit traders without charts were doing this. The reason why chartists fail is because they are trying to over analyse something that is simple. We literally have the absolute best tools to see the market, and what do people do, waste their time on complicated trading systems. You need a big account to trade as you have to build your positions as the market moves. If you are new, you could use emas as "stabilisers" whilst you learn to ride the bike. But the moment you start talking about MA crosses, fibs and support levels is the moment people like me come along and take all your money. I'm not trying to boast here, but I am trying to teach you something. It's not trading systems you should be learning, it's the market itself. Again, trading systems are just stabilisers. Profitability comes once you start to get a feel for the market. You'll know when you are CPT, as you will be able to call a trend change. The ebs in the market are created by other consistently profitable traders that are all getting in at the same time. The flows are you getting stopped out. The big dumps / pumps are CPT's taking profits, and you getting liquidated.

binglelemon

I call him CPT RUGPULL

skinisblackmetallic

CPT prints tomorrow.

Pheriagrin

CPT the sponsor of everything😀. Red Bull of crypto.

M0shay

yea, because there's a new INU every month. FLOKI INU, CPT INU, SPOOKY INU,... list goes on.

Sharkytrs

move wETH? I just put it up as collateral on agave and get interest and CPT pool rewards

xrv01

**CPT:** Compton

mironawire

**CPT(crypto pro tip)**: If you're not sure whether or not we're in the alt season or if big daddy Bitcoin is still pulling the leash, use the handy [Altcoin Season Index](https://www.blockchaincenter.net/altcoin-season-index/). Don't forget to scroll down, because there are other cool metrics to check out.

martintierney101

Are they paying their CPT on these assests like the rest of us are expected to?

Burncity1901

And also with how our tax is withheld the employer removes about 2% extra so that we get a refund and the Australian government has said that as well. So any CPT I need to pay comes from my refund anyway.

ParablanskiReformed

Thanks CPT. Obvious 🦸‍♂️

3kforevrr

All $CPT social links: [https://dxco.in/0x86d83E800aF3DE3aCD1949aa692A5481426F41AB](https://dxco.in/0x86d83E800aF3DE3aCD1949aa692A5481426F41AB) * Website ✅ * Telegram ✅

SatOnMyBalls_

The CPT; Compton.

Avalanche6Deuce

CPT Bot

SatOnMyBalls_

The CPT; Compton, CA

Mike804

look it up on google, but basically CPT will be doubled for people making over 1M per year.

xyridfosterlingu9

$CPT launched haha, whenever someone says launch just reminds me of my $MUST aavegotchi spaceship flying around!