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[–] 2 pts

Blockchain currencies, or mathematically based currency is the only alternative we know of now that will survive the rare metal mining of asteroids in the future.

It's like websites in the 90s, most cryptocurrencies will go to zero. While some will make people millionaires/billioniaires.

I've made about 50k from crypto trading FYI.

[–] [deleted] 2 pts

I've made about 50k from crypto trading FYI.

How much did you start with. Was it luck or skill? What books/vids/etc do you recommend to actually profit. Most of the guides give you feel good advice but very little meaningful guaranteed results. What's yours?

[–] 0 pt

I started with $1500

The only rule is buy low, sell high. I just read crypto news everyday and acted accordingly.

Yeah but what is "low" vs "high" - what is low could be a high etc.

[–] 1 pt

I really think that the rare metal mining of asteroids is so far into the future, that it is not worth wasting time taking that into account. It will not happen in our lifetimes.

I like cryptocurrency because it's out of the government's control, but it is not yet at the point where the average person can use it easily and securely. So far, it's mostly being used for speculation, it seems, as you have done (successfully, apparently!).

Governments don't like crypto so I think I would like it for that reason alone, if for no other.

[–] 0 pt

Crypto is great as a currency (not money, store of value). There's no third party that's promising something inside a vault somewhere, so the value is entirely based on its non-physical characteristics. You can own crypto without the need for any physical object under your control (just a memorized recovery phrase). It entirely bypasses countries trying to prevent you from moving value across its border.