Re:Coinbase is rescinding already-accepted job offers
by bityard on Saturday June 04, 2022 @01:10PM
(#31622819)
Mining can be an investment, if you can stomach the volatility and have a plan to mitigate the risk. But buying a currency with the mere hope that it will go up is just speculation, pure and simple.
Re:Coinbase is rescinding already-accepted job offers
by epgui on Saturday June 04, 2022 @01:01PM
(#31622714)
Growing tulips isn’t any more of an “investment” than buying tulips… Regardless of whether or not it’s profitable, it’s a speculative endeavour.
Re:Coinbase is rescinding already-accepted job offers
by eigenvalue on Saturday June 04, 2022 @01:49PM
(#31623215)
Tell that to the Dutch companies currently making tens of millions of years growing and selling tulips of all colors!
See https://scitechdaily.com/dutch-tulip-fields-come-into-bloom-...
I made quite a bit of money by throwing my ex-gaming 4870x2 radeon machine into a closet for a year.
my investment was a few bucks in energy, and an old computer that was going to become e-waste, and a few minutes time.
I got lucky that at the time this was a feasible strategy before ASIC domination -- but this 'investment' wasn't anything like the rest of my portfolio by any means.