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re: This person might have a point about crypto

Posted on 2/14/22 at 9:29 pm to
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 WhiteMandingo
Member since Jan 2016
5642 posts
Posted on 2/14/22 at 10:42 pm to
Can you explain the mining to me. I hear about it but have no idea what it means. Also explain it as if you would a kindergartner. I have associates who are into crypto yet they cannot truly explain the mining process.
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