Ask HN: What is your side hustle? How much money does it make you?

Re:Ask HN: What is your side hustle? How much money does it ... by random_comment on Wednesday August 16, 2017 @03:17PM (#15030313)

Hello, I don't trade crypto and I never will.

I'll give you one tip.

Look at a graph of bitcoin, litecoin etc. that extends past the last bubble and collapse and ask yourself if you are willing to eat those kinds of losses if they occur again.

https://99bitcoins.com/wp-content/uploads/2014/02/bitcoin-ma...

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Re:Ask HN: What is your side hustle? How much money does it ... by avianbc on Wednesday August 16, 2017 @04:38PM (#15031176)

Looks like your link is broken due to some hotlink prevention stuff. :(

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Re:Ask HN: What is your side hustle? How much money does it ... by random_comment on Wednesday August 16, 2017 @05:59PM (#15031740)

That's a shame. Good news is that any graph of bitcoin's historical price over the last 6 years will serve just as well :)

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Re:Ask HN: What is your side hustle? How much money does it ... by meric on Thursday August 17, 2017 @01:25AM (#15034014)

Yes, if the purpose is to make money as opposed to learning or for fun, I agree it's better to ride the trend. :)

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Re:Ask HN: What is your side hustle? How much money does it ... by random_comment on Thursday August 17, 2017 @09:51PM (#15042846)

> I agree it's better to ride the trend. :)

I think you haven't looked at a 6 year graph if you think the 'trend' is only ever going up. The point of my post was to highlight the risk of (another) crash.

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Re:Ask HN: What is your side hustle? How much money does it ... by nicholas73 on Wednesday August 16, 2017 @05:17PM (#15031454)

Can you short sell bitcoin?

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Re:Ask HN: What is your side hustle? How much money does it ... by remarkEon on Sunday August 20, 2017 @08:11PM (#15061010)

Yes. I haven't done it myself but it's possible on several exchanges.

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