I have ten years experience with it.
I have not been scammed. I don’t do business with sketchy partners.
It is not an investment in the traditional sense. It meets almost none of the conditions to be called a traditional investment. If you are not sure what it is, or what it does…be very careful. Bitcoin (which is the only one I would come close to reccomend) is very volatile. Don’t put a penny into it that you don’t mind losing.
That said, my holdings have allowed me to pay off two vehicles, most of my mortgage, and retire early.
Prepare to hear about tulips, Ponzi schemes, EMP worries, and a bunch of other things. FR is not really the place where you are going to get objective, reasoned discussions about this.
Thanks
You paid off everything because you didn’t use it as a “store of value,” but as an “investment.”
FR is not really the place where you are going to
get objective, reasoned discussions about this.
*******
That applies to a lot more things than just Bitcon
LOL...like with sexy/beautiful Asian women who appear out of nowhere on your social media posts..and offer seemingly intelligent business opportunities...?
“…EMP worries…”
Your bitcoin is only a bunch of stored electrons, isn’t it? But then so is my bank account, I guess. I can plug in to my ATM and pull out paper dollars, unless the power goes down, or the system is disrupted by an EMP. That could render both of us bankrupt!
I am shocked that you of all people would be buying crypto seeing how you were so adamant that we needed severe lockdowns,forced school closings and forced face masking and vaccines....but take a chance on crypto? Yee ha!!