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<p>[QUOTE="Prime Mover, post: 2911982, member: 38783"]I'll start by saying the following disclaimer.</p><p><br /></p><p>I hold a more-than-nominal amount of Bitcoin and other crypto "assets" (I won't call them currencies). I am bullish on the idea of crypto, and think that it has found a place in modern digital age usage. I made my initial bitcoin by mining them, and I have a zero-sum game right now, where I've cleared my initial spend and anything I do now is a net positive - so the only stake I have in it, I can not "lose".</p><p><br /></p><p>The crypto environment is interesting. There are plenty of scams to be found, plenty of pump-and-dump "coins", plenty of shady "ICO"s. There are plenty of ways to lose your money, quickly. Although I think some of the posts in this thread are a little over the top and made from an angle of fear - what you don't know or understand is usually met with skepticism - there is truth to some of those statements, at least from my view, so it does pay to be cautious if you do want to put a toe in the water.</p><p><br /></p><p>However, I do believe that, like anything else, if you do your homework and spend time learning about the ecosystem, it's not as concerning. I also believe that in general, crypto is here for the longer term, and learning about it and embracing it could be profitable. It certainly has been for me.</p><p><br /></p><p>I'm not a blind disciple. I'm a proponent, so I will be biased, but I can see the other side and realize it's not all roses.</p><p><br /></p><p>Ask away, and I'll be happy to give you my viewpoints on any topic.[/QUOTE]</p><p><br /></p>
[QUOTE="Prime Mover, post: 2911982, member: 38783"]I'll start by saying the following disclaimer. I hold a more-than-nominal amount of Bitcoin and other crypto "assets" (I won't call them currencies). I am bullish on the idea of crypto, and think that it has found a place in modern digital age usage. I made my initial bitcoin by mining them, and I have a zero-sum game right now, where I've cleared my initial spend and anything I do now is a net positive - so the only stake I have in it, I can not "lose". The crypto environment is interesting. There are plenty of scams to be found, plenty of pump-and-dump "coins", plenty of shady "ICO"s. There are plenty of ways to lose your money, quickly. Although I think some of the posts in this thread are a little over the top and made from an angle of fear - what you don't know or understand is usually met with skepticism - there is truth to some of those statements, at least from my view, so it does pay to be cautious if you do want to put a toe in the water. However, I do believe that, like anything else, if you do your homework and spend time learning about the ecosystem, it's not as concerning. I also believe that in general, crypto is here for the longer term, and learning about it and embracing it could be profitable. It certainly has been for me. I'm not a blind disciple. I'm a proponent, so I will be biased, but I can see the other side and realize it's not all roses. Ask away, and I'll be happy to give you my viewpoints on any topic.[/QUOTE]
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Sold of My Entire Bullion Collection In Order To Purchase BitCoins
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