Cryptocurrencies

[Keith]

Just FYI because you seem to be emotionally invested in this - I don't really give a shit. Think of me as another Ong.

nope...i've spent time researching it before investing .

You are talking about something you know nothing about .

The danger is that other people may listen to you and do similar lack of research and then blame crypto when they follow the latest hype and lose money rather than their own stupidity which is typified by your Doge comments.

I think your flattering yourself if you equate yourself to Ong , from his comments you can see he has done some reading on the subject and is willing to put his money where his mouth is.

Anyone can make snide comments from the sidelines, Ong is trying to make something of his savings . Hope it works out for him rather than waiting to laugh at him if it blows up .

[Poopadoop]

nope...i've spent time researching it before investing .

You are talking about something you know nothing about .

You are claiming there is something to know. I'm claiming there isn't, or at best that what is to be known is dwarfed by other factors, of which I've named two so far: variance and corruption.

The danger is that other people may listen to you and do similar lack of research and then blame crypto when they follow the latest hype and lose money rather than their own stupidity which is typified by your Doge comments.

I've not advised anyone to not do research and "follow the latest hype". Nice try though.

I think your flattering yourself if you equate yourself to Ong , from his comments you can see he has done some reading on the subject and is willing to put his money where his mouth is.

I've also put my money where my mouth is by not gambling on a high variance investment that is also highly susceptible to corrruption.

Anyone can make snide comments

You're certainly doing your best to keep things civil though.

Ong is trying to make something of his savings . Hope it works out for him rather than waiting to laugh at him if it blows up .

I do hope it works out for him, in the same way that I hope he wins the lottery or finds a suitcase full of cash someday. I just don't believe it's as much of a science as you are claiming it is, if it's a science at all and not just a pure gamble.

[OngBonga]

ADA is tanking after peaking, something like 7% swings. I've tried making money in these swings but this is really difficult to do, and stressful. That's not how I want to play crypto, that's how I go bust and crazy.

hodl

[Poopadoop]

ADA is tanking after peaking, something like 7% swings. I've tried making money in these swings but this is really difficult to do, and stressful. That's not how I want to play crypto, that's how I go bust and crazy.

hodl

[Keith]

Ong ,you dont have a big enough roll to trade the swings, the gas fees will eat any profits you make and more likely to eat into capital.
if you're looking to keep adding to your roll look to buy on the dips. . ALternatively scour ebay , local newspaper ads etc and see if you can spend 2 or 3 weeks savings on a used graphics card so that you can start mining . Less than 4GB you will be limited to smaller coins , check current mining forums to see if cards can still mine before buying. This could potentially be a cheaper way for you to add to your holdings over time.

You may find a computer someone is looking to get rid of with a graphics card in it that people dont realise how much they are currently selling for on ebay. your mined coins will generally be transferred to your wallet really cheaply .