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re: This person might have a point about crypto

Posted on 2/14/22 at 9:17 pm to
Posted by idlewatcher
County Jail
Member since Jan 2012
79360 posts
Posted on 2/14/22 at 9:17 pm to
I personally don’t have crypto but with so many hacks happening on there, how can people argue it’s secure?
Posted by Jjdoc
Cali
Member since Mar 2016
53502 posts
Posted on 2/14/22 at 9:29 pm to
My thing is this. I'm not going crypto. I don't spend money buying crypto.



I mine crypto. When I get a payout, I convert it and it goes into stocks or cash.

As a side note... I will say that I do wait at times and hold some. example was not long ago. BTC dropped from the 65K area to 45K and then to 30K range. Everything I mined was held until it got back into the 43K range.

Posted by Jack Carter
Member since Sep 2018
10512 posts
Posted on 2/14/22 at 9:32 pm to
quote:

I personally don’t have crypto but with so many hacks happening on there, how can people argue it’s secure?



Crypto is stolen off exchanges. You're not supposed to keep the crypto you buy on exchanges. You're supposed to transfer it into a hard wallet that cannot be hacked.
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