Your Experience With Cryptocurrency
By Raj
@Butterfingers (66583)
India
September 27, 2021 10:54am CST
This is the one subject that I'm unable to understand and from past 6 or so months this is trending even in India too and while watching the cricket matches they are running advertisement too which must have been the reason of it trending.
I thought I don't need to learn about it but now I think I should start learning about it before it's too late.
Do you have any experience earning cryptocurrency? How was your Experience?
9 people like this
10 responses
@DaddyEvil (137257)
• United States
28 Sep 21
I don't understand it... I've had one experience with it. A friend told me I should invest in some type he was getting into. I handed him the cash I had on me and asked him to invest it for me. I didn't think about it again until six months later when he offered to give me one and a half times my money back for the ownership of what I bought. I sold it to him.
3 people like this
@DaddyEvil (137257)
• United States
28 Sep 21
@Butterfingers No. I don't understand it. I'd probably lose money.
1 person likes this
@Butterfingers (66583)
• India
28 Sep 21
This was good so would you like to get into investing/trading again?
1 person likes this
@sprite1950 (30452)
• Corsham, England
22 Oct 21
It's not for me even though I know it's become very popular. in India. I hate the way the value goes up and down all the time.
1 person likes this
@sprite1950 (30452)
• Corsham, England
22 Oct 21
@Butterfingers Yes that's what I don't like. I tend to stick to paypal.
1 person likes this
@Butterfingers (66583)
• India
22 Oct 21
Yes daily new things and theories are developing, one day Bitcoin is sky high and the other day it's down by so much
1 person likes this
@toniganzon (72281)
• Philippines
28 Sep 21
Yes I have experienced earning crypto and I aim still earning until now. Don't know much about it either. I'm just receiving them and I've gained a good amount of money from that.
1 person likes this
@Marilynda1225 (82798)
• United States
28 Sep 21
I'm totally lost when it comes to understanding cryptocurrency
1 person likes this
@Butterfingers (66583)
• India
30 Sep 21
It's not easy to understand all aspects about it and is full of risks too
@DocAndersen (54402)
• United States
28 Sep 21
there was once a rush (around 150 years ago) on Dutch Tulips. They became more valuable than gold by weight.
then it collapsed.
The value of anything that isn't physical, is artificial. CC will collapse eventually.
1 person likes this
@pumpkinjam (8763)
• United Kingdom
27 Sep 21
I don't have any experience with cryptocurrency, but I have been learning about it. Most of the research points to it being a very bad investment, although there are companies that accept cryptocurrencies the same as standard currency (which is how cryptocurrency was initially intended to be used, but has become more like stocks and shares that people buy and sell).
1 person likes this
@Butterfingers (66583)
• India
28 Sep 21
Not accepted in India like the normal currency but may be in future
@louievill (28851)
• Philippines
27 Sep 21
I believe you made the right decision in wanting to learn about cryptocurrency, actually cryptocurrency is just one aspect of a new technology called " block chain " not learning cryptocurrency or understanding blockchain technology could be likened to not learning how to use the computer or understanding the internet starting from the 90s you probably would not be here. Soon a lot of things would run on blockchain from payments, banking, how we play games, AI, investing, arts and galleries , proof of ownership etc..the possibilities are endless just like the internet. I keep telling people this " it's time to learn it " only to get the answer " bitcoin is a scam!" when they can't even figure out what is bitcoin or how it works ( it's very basic)
1 person likes this
@Butterfingers (66583)
• India
28 Sep 21
Haha thanks, of course it's not a scam and is a way to make money from money
1 person likes this