Bitcoin !CryptoCurrencies ! My Struggle Continues..
Bitcoin the Crypto Currency started fascinated me last year around Nov 2017 when the prices of the same were skyrocketing close to $13000.The rise in prices were so prominent that I started reading more & researching more about crypto currencies.
Then came the term blockchain technology...And as I read more about the same it made me believe that this is the Future & will begin new mass revolution & adoption.I tried to understand blockchain, the backbone of bitcoin but fully cound not understand it.I still struggle today to explain block chain.Can anyone explain me ?
Fascinated by Bitcoin I heard of Bitcoing GPU Mining Rig, the hardware required for it & the process of setting up a bitcoin miner.Day & Night i watched youtube videos of people explaining about the bitcoin miners & the hash rate per GPU to mine the bitcoins.It made me so excited that I invested $1200 in building a mining rig.I started to mine ethereum,mined it for a week then stopped it. I stopped it as I didn't find it profitable & it some killed my craze.Did you guys invested in a miner ?At that time bitcoin was trading around $10000.
Now Bitcoin trading below $8000, I read posts on steemit which claim it will reach $10000,I really hope so it does.But Before that I have one question do you guys really believe in crypto currencies & if so why?
This post has received a 4.2 % upvote from @boomerang.
Thanks a lot for the upvote.
for sure, just if in doubt Long term HODL, all will be fine, we are all in this together
Thats's the question, for how long one has to hold..seems like a big bubble.
You got a 18.54% upvote from @emperorofnaps courtesy of @madoversteemit!
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Thanks a lot for the upvote ...
You got a 5.33% upvote from @dailyupvotes courtesy of @madoversteemit!