01-08-2018, 11:11 AM
(01-08-2018, 09:16 AM)rayray Wrote: that's gambling not investing
This is exactly the way I view it. It is extremely risky and I think it's more than likely that at some point, no matter how careful you are, part of your cryptos will just disappear one way or another.
But. Gambling is fun! :
That's what got me into this crypto stuff in the first place, I enjoy it. And yes I also bet on sports on a weekly basis. Why not, it's fun! (and yes, often I lose :p) Though I'd say that cryptos are a bit better than gambling, because mining gives you, at least if you fit a certain criteria (like for example my free electricity) an edge. At the casino the house always win, here you can be a tiny part of the house. :pI share your skepticism, especially when we are talking about long term. But it doesn't stop me from being in the game. I'm having fun, I'm learning new things, I'm enjoying this. And if I lose every single dollar I have in cryptos, it won't matter since it all came from nothing in the first place.