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MichaelBaer

7 karma · joined October 1, 2023

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MichaelBaer··on Ask HN: After 3 years of crypto trading, how to return to the normal job market?
Lol, kind of true. Even banks try to avoid clients with net worth from crypto, although it is extremly transparent. Yes you can kind of prove it, but it is not trivial if you have thousands of transactions.

Let's say it depends highly who you are talking to. If it is someone who has never done prop trading, it would be difficult to convince him about anything. It is very easy to dismiss any gains from crypto as pure luck.

MichaelBaer··on Ask HN: After 3 years of crypto trading, how to return to the normal job market?
Thanks a lot for the warm word. Guess everyone needs a job, can't imagine living a life just traveling around. My brain needs to work. I'm already watching youtube lectures about theoretical physics out of boredom. To be honest robotics very excited about it, but this stuff is rare.

Agree it is just a normal application process in the end, had the feeling that my journey as a trader would be disadvantageous, but it seems to be okay according to the comments! So thanks again.

MichaelBaer··on Ask HN: After 3 years of crypto trading, how to return to the normal job market?
Sure! Thanks for the hint. I did it 100% transparent to the tax authoreties.
MichaelBaer··on Ask HN: After 3 years of crypto trading, how to return to the normal job market?
Totally agree. For a trading job I guess I could provide the evidence. Especially if the job is inside crypto. The point is just. Maybe it is crazy to walk away. I'm somehow more interested in learning something outside that area.

Like a job at faang, would be exciting (pretty sure very hard to get into it with my profile). The goal would be anyway to learn as much as possible.

PS: Even thought about applying to internships, for jobs that are a bit outside of my skill set. But guess that is a bit weird as well

MichaelBaer··on Ask HN: After 3 years of crypto trading, how to return to the normal job market?
Exactly. Guess it doesn't matter how much money you have in the bank account. SWE-3 level position can be fun, so why not.
MichaelBaer··on Ask HN: After 3 years of crypto trading, how to return to the normal job market?
Because it is boring. I'm not ready to retirement. It doesn't make sense. Maybe start my own start up would be something interesting. But right now love to gain some more skills, see what cool stuff I can learn and get rid of responsibility.
MichaelBaer··on Ask HN: After 3 years of crypto trading, how to return to the normal job market?
Actually this is the point. I'm not that after money anymore. Would love to learn something new again. So would be happy to get far far less, but learn for example robotics. Really excited about it.

For sure if money would be the only metric, I should try to stick to trading. Even if my stuff doesn't work, I could try to join some prop trading shop. Could imagine doing so to be honest, but right now just want to try something new.

MichaelBaer··on Ask HN: After 3 years of crypto trading, how to return to the normal job market?
Thanks a lot, that helps. To be honst made a lot of stuff.

- real time trading system on orderbook level

- market research and visualisation

- timeseries modelling with different algorithms

- research different approaches, like reinforcement learning for trading

- database design and optimization. Currently the database has 42 billion entries

- web3 coding with solidity

- software architecture

- logging, don't lough. Huge part. Very hard to implement.

How did I beat the competition:

- was quicker than any one else.

- Also guess had more clever strategies, but it is hard to get into the details.

MichaelBaer··on Ask HN: After 3 years of crypto trading, how to return to the normal job market?
Exactly self employed is rather the right term. Although on paper I was unemployed. It is kind of like private wealth management. You could argue that someone just lives from his portfolio. Although in my case it was an active battle ; )
MichaelBaer··on Ask HN: After 3 years of crypto trading, how to return to the normal job market?
Exactly, guess I would be able to land a job as an algo trader. Maybe would even be able to create my own shop.

But the thing is, I just would like to do something else. Trading is not that exciting anymore. It was a tough battle for the last years, resulting in incremental improvemts to speed, strategy and infrastructure. Now kind of ready for something new. Also would love to learn something new as well.

Sure could provide my tax statements, as a proof. Just think it is weird to do so. Also the numbers are kind of high - so would rather let it be private.