Re: Crypto Blowing Up
Just incase someone is wondering how to invest in Bitcoin, Swan is a good place to use to DCA (dollar cost average), fees are low as well and you can send your BTC to your own wallet (Trezor or Ledger) so you hold your own private keys. If your Bitcoin is not held with your own keys it is not your Bitcoin. ie Robinhood, PayPal ect. https://www.swanbitcoin.com/
Do yourself a favor and look at it as a 5-10 year investment. If you want to trade, make money fast, and probably get rekt your better off with Altcoins. But you would be cheating yourself to not own at least some Bitcoin first.
Let me put it like this. I bought 20k worth of computer hardware in mid 2017 and have been mining Ethereum. Basically DCAing. I paid for power out of pocket and have held everything i have mined. I have turned a unrealized 6 figure ROI. I sold 1/3rd of my GPU's last month for $350 each, 75% of the original MSRP I paid for them back in 2017 and reinvested it back into BTC. The other 2/3rds are netting $100 per day ATM. I mined ETH at an average price of $300 over the last 4 years. DCAing is more efficient than mining.
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Make Crypto Great Again 2024...
Last edited by nate; 02-11-2021 at 06:24 AM.
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