anybody else into cryptocurrency?

[Jesse6869]

Yep my wife listened to a friend that bought bitcoin made money, and against my better judgement wanted 20k. Well let’s just say I couldn’t buy 4 tires for what’s left. But I forgot all about it and this thread has sparked some bad memories. So now I will go back to tell her that’s why I buy the cars because they’re real and I can see them.

 

[Don selleck]

got into a few of these last year made a few bucks, thinking with the new administrations push toward it, how can you lose, ended up picking up some more DOGE last november. speculatiors are predicting big gains, withe Elon pushing it also, and running the department of government efficiency, (DOGE). I'm in. and bitcoin is $104,000.00 plus per coin. I was talking to a friend 8 years ago and I was going to buy some, my wife talked me out of it.

 

[DeltaV]

Crypto is like reproduction fender tags?

 

[Don selleck]

we will see.

 

[Nxcoupe]

It is a pnzi scheme that seems to be holding value. The day that everyone decides to pull their money out, it'll crash hard. I won't invest in anything that isn't linked to a tangible thing, like a business or precious metal. If you can get in low and cash out high, in a short amount of time, that would be good, but the risk is high. Whenever I ask someone to explain to me what bitcoin is, I love to hear the word salad explanations. I'm good.

 

[68-500]

It is a pnzi scheme that seems to be holding value. The day that everyone decides to pull their money out, it'll crash hard. I won't invest in anything that isn't linked to a tangible thing, like a business or precious metal. If you can get in low and cash out high, in a short amount of time, that would be good, but the risk is high. Whenever I ask someone to explain to me what bitcoin is, I love to hear the word salad explanations. I'm good.

My thoughts exactly. I’ve researched and asked but never had an answer that tells what it really is.

 

[68BabyBlue]

It is a pnzi scheme that seems to be holding value. The day that everyone decides to pull their money out, it'll crash hard. I won't invest in anything that isn't linked to a tangible thing, like a business or precious metal. If you can get in low and cash out high, in a short amount of time, that would be good, but the risk is high. Whenever I ask someone to explain to me what bitcoin is, I love to hear the word salad explanations. I'm good.

It appears to have similar underpinnings to the Holland tulip bulb craze, but with fancier language behind it. My wife's kid brother, who is way "smarter" than me, and has already earned at least twice what I made in my career, loves it. He has also displayed an uncanny knack for buying high and selling low in every investment he ever made.