Yep, hindsight is 20/20. Many suffer from would'a, could'a, should'a . . . or Fear of Missing Out (aka FOMO). If I'd have dropped $10k on Microsoft in the early days, I'd be extremely well-off now! But really, 10k on this motley crew?
Crypto, your opinion requested.
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If I knew the answer to that, then I probably would have known to put everything I had into Microsoft back in 1986.
GypsmJim
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who are those people?Yep, hindsight is 20/20. Many suffer from would'a, could'a, should'a . . . or Fear of Missing Out (aka FOMO). If I'd have dropped $10k on Microsoft in the early days, I'd be extremely well-off now! But really, 10k on this motley crew?
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OP
That's the part that confuses me, the vast array of different coins, how do you choose wisely?
Of the OPs choices I say, somewhere in the middle. I don’t own it because I don’t understand it. I understand real estate. I own several parcels. My son understand all Cryptos and he owns that. He’s made enough to buy his dream retirement property in Alaska.
I can't help thinking that there is no intrinsic value and someday (maybe soon, maybe not) it's price will plummet to zero or nearly zero. That said, I wish I had tossed a little in when it was cheap., but you can't go back in time.
OP
Or Gold at under $200.00 and ounce.
And more “coins” coming. Someone reopened that mine.
Also, great way for that 36 trillion to get paid off.
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No thanks. Simply not comfortable with the platform.
To each, his own.
To each, his own.
I bought .25 back in 2022 when it was around $20,000 for one. I’ve sold most of it off as it was going up but still have .05 or about $5,000 in it. I’m going to hold onto that for awhile. If it drops a bunch I might buy more. IMO it’s a purely speculative gamble.
Jimbo41
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I believe that the tech is good and useful.
I think bitcoin grabbed everyone’s attention, but if it doesn’t become useful, something more than a highly volatile ‘e-gold’, it will fall and be replaced by something else. That’s why there are so many coins, people want to try to catch the next thing.
Yes, I’m jealous of the folks that put small money into it years ago…hate those guys!
I think bitcoin grabbed everyone’s attention, but if it doesn’t become useful, something more than a highly volatile ‘e-gold’, it will fall and be replaced by something else. That’s why there are so many coins, people want to try to catch the next thing.
Yes, I’m jealous of the folks that put small money into it years ago…hate those guys!
I didn't understand it in the beginning. I still don't understand it. When they talk about "mining" bitcoins, where do they dig?
How do they make a gaggle of electrons worth $100,000.00? If I can't carry it in a Crown Royal bag, I'm really not interested.
How do they make a gaggle of electrons worth $100,000.00? If I can't carry it in a Crown Royal bag, I'm really not interested.
Spurdann
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I would rathe have four nickels in my pocket. When the power goes out I want something in my hand, not electrons.
As the fellow in the song said when asked about what happened to his millions. . . ."I spent most of it on women and whiskey. . . .and wasted the rest."I'm not young (64), but it doesn't seem to be going away. Soo a modest investment on my part is the plan. I can't spend all my
extra cash on Burbon.
A scam used to be, "Give me your money and I'll give you this beautiful bridge in Brooklyn."
Now days it has gotten much simpler. "Give your money and I'll give you nothing."
Anyone trying such things should be given a semi-private bar protected room in a gated community with free meals and government security guards.
Now days it has gotten much simpler. "Give your money and I'll give you nothing."
Anyone trying such things should be given a semi-private bar protected room in a gated community with free meals and government security guards.
Yeah right, I’m putting almost half what I worked for into electronic space.
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I think I'll continue to stick with tulip bulbs.
I am at the point of my life where I am spending rather than investing. If I time it right, I will go belly-up finanically and physically at the same time.
I see crypto as "faith based" money, and I am not a believer.
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