Hello, I'm new on this forum, so I'll introduce myself first. Before I start I'd like to say that English isn't my first language, so if I make some spelling errors or such, please forgive me; I try to write as well as I can.
My name is Oscura, I'm 26 years old. I like anime, technology, alternative high fashion, video games, theoretical math, geometrical art (fractals) and futurism/transhumanist philosophy. I'm a progressive/liberal libertarian politically; I have conservative views in economics and extremely liberal/anarchist views on social issues; Some people may associate "libertarian" with republicians, tea party, or other crazies; I have nothing to do with these people, want to make that clear!
I've finished high school with a very good grade average, and enrolled in one of the best universities in my country. I majored in mathematics & computer science for my bachelor, finishing at age 21, but I haven't worked or studied for a few years because I've struggled with some personal issues (eating disorder and addiction.) - I picked myself back up at age 24, and went back to university to get my master's degree in statistics, which I obtained just 6 weeks ago! But now I'm at another crossroads; I'm all finished with education (I could try getting a spot for a Ph. D program, but I'm really fed up with school.) and I need to support myself. While there's plenty of work in my field, I honestly can't stand very "ordered" and "normal" environments; I really don't see myself sitting at an office in a bank, or working for a company like a wage slave.
Nor am I interested in the huge administrative mess and regulations of starting a regular company; Instead, I'm interested in getting into bitcoins/litecoins. I decided for this not only because the instability of the valuta, but also because of my libertarian philosophy and ideals. I really like the idea behind BTC, and I can see myself working with data, alone, from the comfort of my own appartment. Now, I know very well how to apply mathematical models, create models, preform data analysis and work with software; However, what I really lack is philosophy of economics and experience. Now according to the models I have right now, I should be able to run a decent profit (at least, statistically I have a reliable chance of doing so) - and while I've analyzed available data on BTC and LTC and, it kind of seems too good to be true to me.
What are the pitfalls to this sort of thing? Where does it go wrong, and why don't tons of mathematicians do this? I have vast knowledge of data analysis, statistics, computer science and math, but I have very little "real world experience" - what should I be careful of? I know common sense things such as not investing everything in one go, minimizing risks etc; But keep in mind that I've had little to no education in economy past high school. I know a lot of economy is applied math, but.. What tips/starting knowledge should I have before seriously comitting to this?
I'm sorry if my post is weird or rude; I hope it wasn't, and that what I said makes sense. I've always been a technology/numbers person, not a people person.
Friendly greetings,
Oscura