- Jun 30, 2017
Civil Protection Commission
Service Points: 0
Who in here is making money of internet numbers? I have some questions for you.
Nah not going, I work with a company that has their own platform built specifically for gaming using smart contracts. I researched a lot, bought bitcoin, mined different coins and such, at the moment I'm just investing x amount every month to my Hashflare contracts to passively gain bitcoin and hold it for the long term. Even with the crypto crash, I'm still seeing profits but I'm looking at a long term investment for this. It really depends what you want to do, I'd recommend you do extensive research before making a move.
Get some play money (money you can lose and not affect you) and just start investing in different stuff, the good thing with alt coins is the possibility of them one day blowing up and reaching 1000% profits, but nobody knows what's going to happen on the crypto space. I just decided to stick with bitcoin and invest passively each month, charts show that it will continue to grow, despite the crashes, so that's my strategy
That's gotta be a hard pill to swallow that you'd be a millionaire now lol.What's your questions? I was in it years and years ago when it was worth $9 and you could mine 1BTC a week. Sadly I didn't become one of the recent millionaires as I sold all mine (113btc) at the $700 spike a couple years ago (got a good amount but fuck), wouldn't think it'd go ever higher than that. Kind of back into it again to see if I can get lucky this time and make up for my mistake. Into some ICO's, discussions, groups, invested in a good amount of altcoins and apart of a couple trading platforms.
lol it was, but it's made me pay more attention now and I hope I don't repeat that again. Woulda been nice tho, maybe could've donated a sum to MR :kappa:That's gotta be a hard pill to swallow that you'd be a millionaire now lol.
I am as well, small ones are the way to go if you have a small investment or even a decent one, you can get a decent amount at cheap and like Joker said it's literally just timing.I'm in XRP at the moment and a couple of smaller ones bought at 0.25 had a massive jump to 3.40 now its back down to 0.90 its all about timing. The exchanges here in Aus are pretty good there really trying to get the regulators approval.
Crikey!, it counts towards our income tax here so not as ruthless but the payable tax drops after the first year by a bit so good to hold for at least a year.Some altcoins are looking very tempting again. XRP and NEO really went down a lot for example, might be a good time to buy in again before the next alt season.
Just wish my country wasn't a pain in the ass when it comes to taxes on crypto currencies... ATM if you make any kind of big money on crypto you lose over 60% of it on taxes. Complete insanity.