Let me guess. You just discovered cryptocurrencies and you got this brilliant idea you will mine it on your computer and become millionaire like thousands of others.
Sorry to burst your bubble, but you won’t become a millionaire. You will hardly have enough to pay for electricity bill. And trust me, the bill’s gonna be expensive.
There is one exception – mining new projects with just released mainnets. But you have to realize, there is no guarantee these projects will ever be worth of some money, even few cents.
Mining cryptocurrency is a waste of time
It doesn’t matter if you mine with CPU or GPU, if you have 1, 10 or 100 of them. It doesn’t even matter if you have antminer. It’s just not profitable anymore. Trust me on this. We tried. And we failed. Try any mining calculator online. Put the data about your hardware, cost of electricity and you will see for yourself. Not profitable.
So what next?
Well first of all, read our intro into the exciting world of cryptocurrencies. And then buy some. Buy coins or tokens you like based on our tutorial (it’s for new coins, but it works for any coin or token). And then play the waiting game. You have to sit on your eggs like a goose. You could double your money in one month if market goes up. Or you could lose 50% if market’s gonna tank. The thing is cryptocurrency is the future and longer you hold your coins or tokens, more money you’re eventually gonna cash out.
How could we know what’s gonna happen
We’re not crypto experts, just a regular guys like you. We finished high school, tried college, dropped, tried startup, failed, and then we discovered crypto. It was in 2018. Look at what happened with price of Bitcoin since then. It’s insane right? And why is this happening? Because we are entering a new era of finance. We will no longer need middlemen to process transaction. They will either accept new technology or die with the old one. It happened before with other tech. And it will happen again.
So what the hell is gonna happen?
Again, look at price chart of Bitcoin. The only reason it goes up is because people believe in it and it works as a store of value, similar to gold. But Bitcoin can’t be seized. Government can’t take your coins. The technology is designed to be decentralized. The ledger (=blockchain) works on thousands of computers around the whole world.
In other words – Bitcoin will go up and alt coins will follow. There will be ups and downs, but if you look at longer time frame, you will see that you made profit.
Lesson learned? Forget about mining cryptocurrency
Now you should know what to do. And if you wanna start with some hot tips what coins and tokens buy, try our recommendations. But remember – we are not financial advisors! Do your own research! And for Christ sake, never invest 100% of your cash reserve. Start with 10% and slowly build your portfolio (assuming you will profit).
Millions of ordinary folks managed to get rich in one generation.
Are they smarter than you? No.
Were they luckier than you? No.
The only reason why they have more money than you is that they followed the plan. They invested money.
And you can do that too.
What’s stopping you now from taking some money and investing into some of the cryptocurrencies we mentioned?
Don’t wait and invest now
If you decide to invest, do it now, because there are countless opportunities every day. You don’t want to miss that. And if you really invest, trust me, that the only problem you’re gonna have, is that you haven’t invested more. Sounds fair? Find out more about cryptocurrencies that are worthy of your attention.