) turned it down, because 'Aaahh, sorry.. Landlady won't take BTC, sorry.. ' (shop rent was about $3500. / mo. at that juncture..) ...Soooo, yeah.. Derp. +_+
Buh bye.Yeah, tell me about it.. Had a guy who was wanting to buy some 'surplus Medical Laser' equipment off me in like April 2014 - Offered me 5 Full Bitcoins for the two Lasers.. (yah..) And I (being the Pragmatic-to-a-Fault guy I am..
Oh well, it only would be worth ~$300 grand right now.. <cry> Would've bought a hellavuh 'BOL', that's fer sure.. ¯\_(ツ)_/¯
PS - but No - I would Not 'hedge' with it, Long term.. One way or another.. It's all gonna go bye-bye, at some point..
jd
That's called a "correction"
.
LOL - I have way more invested in dried beans than I do in crypto, let alone precious metals, seeds or even TP
It's a fun diversion that's pure speculation. It's cool to see a $50 investment balloon to $1K - you just need to be chill when it happens the other way around as well. I stopped eating fast food and put what I would have spent on a burger into crypto every once in a while, but it's definitely not my major investment vehicle. I hold dollars worth of investment in lots of different coins. For example, I have about 15,000 Dodge Token which is currently worth about $20 USD. I probably paid about $10 for it to start, so I've already doubled my $ - but if it "moons" and explodes like bitcoin did back in the day and goes to $5K each, I'll be sitting pretty on 75 Million! Is it a super long shot, but it's a fun hobby.
Me too but, how about fertilizer? Pellet and water soluble types? It's a good thing to have. Also metal stove pipe. I doesn't last too long so you need to be able to replace it.
Yes, the new coins would be like buying a lottery ticket. I only buy "established" coins like Bitcoin and Ethereum. (I'm a responsible crypto buyer.
) So, I hope my odds are improved, if only for smaller gains, non-lottery-style gains. I know some predict Bitcoin will go to the moon, but people say that about gold as well; I ignore anyone who says that. I don't believe I will get rich doing this, because I won't put in enough money to get rich. I'm not "all in" on cryptocurrency (or even on gold). It is just fun to dabble in it.That is how I got into metals. I literally would think, "If I don't get a fast food lunch today, I will put that towards silver." Every paycheck, I pulled out money from the bank for my lunches, and every lunch I didn't buy allowed me to buy some dimes of silver. I'd go to the coin store every other week, and buy a little silver...which allowed me to get to know them, and them me...and helped me learn the metals game. I even gave up drinking alcohol for a while, but I kept pretending I was buying beer and booze, so each Friday, or any time I thought about going to the liquor store, I would go home and put the cash I would have spent on booze into in a drawer to be spent later on silver. I turned my temptation into a savings opportunity, and gradually, I started saving more and more. And, I developed the discipline to save until I could make bigger metals purchases, until I disiplined myself (and got my wife used to me hiding cash away) enough to buy gold. It was a gradual process that took years, but I feel better about my current position now that I have gone through it. I tell this story so people know that savings is possible even when you might think it isn't; small steps can lead to a more comfortable future.
Heh. If you got in early, you are a genius, no matter what.
You have animals, right?
They didn't look like these 5 did they?Yeah, tell me about it.. Had a guy who was wanting to buy some 'surplus Medical Laser' equipment off me in like April 2014 - Offered me 5 Full Bitcoins for the two Lasers.. (yah..) And I (being the Pragmatic-to-a-Fault guy I am..
No, he was offering 'BTC', which is Why I 'rejected it', because the Landlady would Not have accepted that, back then.. Now? Pff, I'm sure she would, double-time..
However... and its Influencing 'White Papers' on Crypto vs CBDCs, etc..
that they don't "Allow" you to.. (which will be Zero for anyone who doesn't 'tow the Party line'..)
Now now, tell the truth. You would have sold the 2014 Bitcoins in 2016 and bragged to all your friends about making a $3,200 profit!Gaaaah, rub it in, why doncha..
And, If he Had offered me Those ( ^ ) even That would have seemed (at the time..) to be a 'better offer'. Too bad I was not 'foresighted enough' to see what BTC would end up doing.. I could (and Would..) sell those 5 BTCs - Now - Immediately, and Get that, ie: 40 Acres on a Creek / Well, etc, up in Montana, etc, and Get the frick Outta here..
..but alas, all we've got is our little 1.6 Acres in NorCal - Beautiful as it is - but still 'behind Zommie lines'.. Oh well...
jd
..
Dips are good if you are a buyer. Dips are bad only if you are near cashing out. Same with metals. Same with the stock market. Same with inflation. I'm a buyer, so I get excited when prices go down.
After watching this....
Good question! I have no idea, honestly. I have a few ancient ASIC scypt miners that are good for mining litecoin (which can be converted to other currencies). My understanding is you would want a fairly high-end GPU on a dedicated PC and that GPU will set you back well over $1000. So you will need to determine how much you can make per unit of time and when you can break even, after which time you can start to earn money.
