Re:Ask HN: Getting depressed about money. How do I make a me...
by s1t5 on Wednesday July 22, 2020 @01:49PM
(#23919641)
You're esssentially suggesting gambling to someone with money concerns.
Re:Ask HN: Getting depressed about money. How do I make a me...
by giantg2 on Wednesday July 22, 2020 @01:54PM
(#23919687)
Well yeah, the people without money concerns don't need to gamble because they already have money.
Re:Ask HN: Getting depressed about money. How do I make a me...
by mcdoug on Wednesday July 22, 2020 @12:56PM
(#23919000)
Thanks. I'll look into it.
Re:Ask HN: Getting depressed about money. How do I make a me...
by gus_massa on Wednesday July 22, 2020 @01:05PM
(#23919108)
With cryptocoins trading you can earn money or loose money. Remember: "Never invest more than you can afford to lose."
Re:Ask HN: Getting depressed about money. How do I make a me...
by mcdoug on Wednesday July 22, 2020 @01:09PM
(#23919170)
Yeah, that's the problem. I am happy to invest a couple of thousand bucks into something, and while crypto can have some very large returns at times, I'd have to hit something just right for it to grow 500-1000x. I am sitting on some Stellars and a few other cryptocurrencies but the amounts aren't large enough. Even if I double my investment, it'll pretty much allow me to pay a month's of rent or so, not retire. Gambling huge sums requires that you are already rich. That's where a 5% gain in a particular cryptocurrency nets meaningful results.
One project I'd suggest you checking is Chainlink. Check out these reading and video:
https://blog.goodaudience.com/chainlink-the-missing-piece-to...
https://medium.com/@smartcontentpublication/accessing-all-bl...
https://www.youtube.com/watch?v=ufVyX7JDCgg
Cheers to financial freedom :)