I was reading in the Chicago Tribune earlier how the schools were hiring people to teach the students about crypto coins. Heh.. You want to make money riding the crypto coin wave? Well, I’m somewhat of a crypto coin vet. Just follow my advise for all the monies…
Step 1) Acquire a time machine.
Step 2) Go back in time 7-8 years.
Step 3) Mine like crazy on every piece of hardware you can find until the ASIC chips are released.
Step 4) Put coin wallet in cold storage. Do not lose the hard drive your coins are on, do not put the coins in ANY exchange, and do not spend several thousand on a pizza.
Step 5) Sit on them for a decade. Do not die during this time period. Very important. Perhaps use the time machine again?
Step 6) Pray to the digital gods that there is an exchange that wont disappear with your coins when the time comes to cash out.
Step 7) Profit?
Seriously, the crypto coin train left the station a long time ago. If you’re just getting into it now, I wish you the absolute best of luck because it’s an uphill battle from here on out. The market is so volatile that I would not recommend it to anyone. If you just can’t help youself, don’t bet the entire farm on it. Only put up what you can afford to lose.
On a side note, beware of any company spouting “Blockchain” technology. Now, I’m sure there are legitimate uses of the blockchain tech and I’m sure many more are on the way. However, right now it seems to be a buzzword that helps corporations inflate their stock prices. Beware..
It kinda feels like the schools are using the ‘Bitcoin’ buzzword themselves to help attendance. Heh..
- I’m sure I missed some steps, but I haven’t updated this site since May of last year? Ugh.. At least I have been busy. I have been learning quite a bit.