Have you invested into any cryptocurrency?

[disgustingweebtrash]

Which shitcoin have you put money into?

Yes

No

[zeitgeist057]

About 2/3 of my net worth is invested into crypto, and I couldn't be happier. The returns are much better than holding cash, or even most other investments I have in companies like Apple, or real estate holdings. It's a very simple investment that only requires a small amount of research. More and more people are slowly learning about it, and as they do, the value continues to grow. Right now we are still in the beginning.

Most recently, I invested in HYDRA, mostly for the reason that it is closely linked to Cardano (ADA), and offers a 65% return on staking. That means for every 100 HYDRA, you will have 165 HYDRA at the end of a year. That's a much better return than you can get on just about anything.

Other coins I am diversified into include Bitcoin, Ethereum, Dogecoin, Shiba Inu, Digibyte, Cardano, Bitcoin Cash, Ethereum Classic, Ripple (XRP), (DFI), Algorand, Litecoin, Monero, (XLM), (KCS), (COMP), (CELO), and Tron (TRX).

I have plug in miners on order for Helium (HNT) and Planets. My cousin got a Bobcat (HNT) miner earlier this year and it has already paid for itself and generating a couple hundred dollars a month passive income for him.

I also have some holding in USDC and USDT (Tether) stable coins which earn 13.5% interest. Again, a much better rate than the bank offers you on your long term CD (less than 4%).

From here on out, I plan to convert my paychecks to USDT and put buy orders in for ETH on any dip below $4,000 USD.

[AllThatSweetJazz]

Bitcoin, it’s obviously going to go up due to its nature, so I actually loved to see it go down and stay low, it means I get to buy more before it goes up.


Eth is the big second gen crypto it does a lot of cool things although it’s partially centralized.


Cardabo is going to be the big third gen crypto as it continues to roll out its phases. It tripled like a month ago.


Doge because memes, and because I think Elon might make a play with it which bumps it up to 100 for like a day then will bail. But it’s programmed to be inflationary, so I don’t want to stay in it as it’s not going to grow as fast.

[EmmaMary]

No absolutely not, and never will be either.

As the old saying goes "A fool and his money are soon parted"

[disgustingweebtrash]

NGMI

[cjmtherfcker]

Dont worry bro. WAGMI

[zeitgeist057]

another old cliche, "Nothing ventured, nothing gained."

It's definitely a gamble, and the basic rule is the bigger the risk, the bigger the potential reward or loss. I'm happy to say I have researched crypto and the reasoning behind it is solid, which is why more and more people are investing (including large banks, financial institutions, and people who studied at universities on how to make money in the stock market) as time goes on, and the value continues to go up.

[EmmaMary]

Thank you for the MHGirl.

[Jessica405]

You can't buy much craptocurrency with student debts! 🤣🤣🤣

[disgustingweebtrash]

You can buy shitcoins for literal pennies and gamble whether they'll moon or get rugged

[Jessica405]

Knowing my luck, they would end up in negative equity. More debt! 😂😂😂

[zeitgeist057]

"Negative equity" is not a thing unless you are shorting the resource. Buying $100 of BTC for example, there's no way you could lose more than $100. Believing you could end up owing more than you invest is not based on any facts.

[Jessica405]

@zeitgeist057 I think you missed my "tongue-in-cheek" meaning! I was not meaning to be serious.

[The_Shadow_Dweller]

I just find it to be too much volatile to invest in, to be honest. When I get settled in other investing areas, I will take a look here.

[disgustingweebtrash]

just throw money and log out for 1 year

[888theGreat]

No.

1) Gov't is going to make them illegal to use
2) Only 2000 businesses will take them, so what can you buy?
3) When the shit hits the fan and world economy collapses and this will happen, no one will want bitcoin because it is based on dollars. Gold and Silver can be any currency or no currencies. You can barter with Gold and Silver but not bitcoin.

[888theGreat]

My advice would be sell it now before you can't

[Redstang88]

You’re totally missing the point dude. It’s outside of standard banks and government reserve (though even they are buying it up because they see the value), that’s the whole point.
You can buy and barter with it
Most crypto currency’s have increased more in the last month than gold has in a decade. I’ll take my chances

[888theGreat]

@Redstang88 You don't get it dude, There will be no electricity , how you going to use it? Only 2000 companies in US will allow you to use it. That is a fact. Most countries have banned its use. Another fact. China being the big one. China which is going to take reserve currency from US within 2 years. If the biggest economy doesn't allow it , what do you have? Banks don't buy it or use it and have given warnings about it. If banks tell US Gov't to ban it or make it illegal, the Gov't will do it. Gov't plans to restrict it and then ban it so it doesn't compete with their version. If you can't see that , then you are just stupid. You can't print $100 bills either and Bitcoin will be counterfeit just like $100 bills you print on your printer. Have your fun now , but don't cry when Gov't freezes all bit coin transactions. It is easy to do. Gov't tell businesses can't accept it for their products. So, now what? You can't trade it and you can't buy anything. Seems it will be worthless. US Gov't will try to confiscate Gold and Silver too. Silver will be needed by Industry , so individuals will not be allowed to hoard it. Gold , because they don't want it competing with their Cashless digital currency. I just can't believe anyone with half a brain can't predict what the Gov't will do, when they have always done it. They interfere in everything. They banned Gold once already. They made drugs illegal. They made alcohol illegal. No one thought that would happen either.

[Redstang88]

No electricity? Come on 🙄
Most countries have banned it? Umm, no. China has been back and forth on banning it a few times, presumably to drive up prices because they’re all holding some

[888theGreat]

@Redstang88 it is illegal in China , another fact. Face the facts , not your fantasy. Only 3 % even know what it is. It ain't going anywhere

[Redstang88]

At the moment. But whatever dude, keep investing in gold that’s going nowhere

[888theGreat]

@Redstang88 Gold has done better than many assets. My silver is 6 times what I paid. So I am rock and rolling. My silver and gold with be thousands and your fakecoin will be frozen or $0

[Redstang88]

Sure. I’ve got buddies that have made millions on crypto already, but sure, stay scared

[Stoner710]

I intend on doing it at some point but I’m kind of poor right now so I don’t have the money to invest

[Account]

I haven't invested much, but I have put some money in Eth, Solana and Cardano.

[zeitgeist057]

Solid picks. ETH is solid, and SOL and ADA are looking promising.

[Redstang88]

Got some doge and polygon. Tempted to through a bit in shib but I think it needs to cool off a bit

[BrosephBrostar]

No, but I probably should.

[disgustingweebtrash]

Last Q4/Q1 was a massive pump across the board for it, wonder if anything could happen this year

If you've got useless fiat money lying around you dont need no harm in throwing at a couple shitcoins

[zeitgeist057]

Check out HYDRA and the staking returns (65% on Kucoin).

[Vigors]

Yeah, I've made a fuck ton off crypto

[Vigors]

Doge, shiba, etherium

[disgustingweebtrash]

didn't fomo in at top on shiba this time, might make some ££££££££££

[cjmtherfcker]

Bought to buy some Altura right now

[siseñor]

squid coin

[disgustingweebtrash]

RUGGED

[siseñor]

still made 100k

[zeitgeist057]

very lucky. I bought some Shiba Inu well before the spike, but I'm planning to HODL for the long haul. Either I become a millionaire or I lost 1K, either way easy come, easy go.

[siseñor]

@zeitgeist057 made 3M from shiba

[888theGreat]

What in? USD?

[888theGreat]

You are 17 , how can you be widowed?

[siseñor]

it's how i make my money

[ChiPaPa]

None!

[disgustingweebtrash]

NGMI

[Joker_]

I haven't

[disgustingweebtrash]

I've invested in $ROPE you should too

[Joker_]

I'll ask @Vigors if I should. He controls the money in our relationship

[Vigors]

I've never heard of $ROPE

[Joker_]

I'm going to buy a noose

[JoyGirl]

Nope.