Circa 2016 I remember several of my Facebook "friends" (mostly former co-workers) began heavily pitching Bitcoin and Etherium, and how I would be daft to not "ride the wave" I realized that people who had no business putting $0.10 into cryptocurrency were literally refinancing their homes to take equity out to sink into "coins".
I knew then that it was a really bad idea, and that remains my view today.
That said, if I could go back to 2009, I would buy as many computers as I could afford to mint Bitcoins, and then place those coins in an offline wallet to sell in the fall of 2021 (and pay a YUGE but worth it tax bill).
Circa 2016 I remember several of my Facebook "friends" (mostly former co-workers) began heavily pitching Bitcoin and Etherium, and how I would be daft to not "ride the wave" I realized that people who had no business putting $0.10 into cryptocurrency were literally refinancing their homes to take equity out to sink into "coins".
I knew then that it was a really bad idea, and that remains my view today.
That said, if I could go back to 2009, I would buy as many computers as I could afford to mint Bitcoins, and then place those coins in an offline wallet to sell in the fall of 2021 (and pay a YUGE but worth it tax bill).