Is it too late to invest in bitcoin?

[MalikX]

This! I could literally be worth tens of millions of dollars right now.

I had the disposable cash to invest. I knew about blockchain's potential from reading a lot of blogs about it. Yet, I ended up throwing more than $20k at a dependable blue chip stock instead.

But, I'm ready this time. Already invested in a few cryptocurrencies at low entry points.

Same....I didn't really educate myself on investing until like 27. Started investing at 28.

So I look back at all my foolish purchases and wasteful spending from 20 - 25 like

Like I said, if you put $1,000 into it back in 2012....BTC was trading at $13.00....now that investment would be sitting at $300,000.

And you KNOW some nikkas did that.

Then you have the guys who were up on Bitcoin back in 2010, 2011, 2009 and invested even more than that. They're millionaires.

Bitcoin is just a response to the 2008 Financial Crash. Some people were sick of the big banks having so much power and created decentralized currency. While the rest of the world was glued to the news, focusing on tax bailouts, Occupy Wall Street, AIG and Lehman Brothers, a few smart nikkas around the world were plowing their money into this new platform. I invested in Bitcoin and Etherum so far and, I'm still researching new coins to invest in the near future but, i think of it more as a good investment now than a chance to make serious bread. The cats who got there first got that. What I'm really focusing on is training my mind to see the value in new opportunities the same way these cats saw the value in this years ago because there will be another new new thing that most of the world is going to ignore.

 

[MexicanKingpin]

Is neo worth investing ?

Thinking about dropping 1k on it.

 

[mamba]

i seen a article of some young 20 something chinese guy who has a warehouse of minimg rigs like either 1k, 10k, or more and they just mine bitcoim all day in the mountains and use the cold air to cool the machines. They take shifts and it is like a 5 person operation

It's messed up how brehs are always so late to the table on this type of shyt.

What's stopping us from having our own mining farms in the hood?

 

[At30wecashout]

Yeah definitely invest money in chipmakers or any company connected or associated with the Internet of Things or artificial intelligence and let it sit. You'll see some nice returns. I'm finishing up my MBA in finance and I've learned a lot in terms of how the rich invest and hide assets. Once I get my degree I feel like the sky is the limit.

Hold this rep, famI definitely see a wave down the line when Semiconductors switch up from Silicon (can be a decade and a half away), and a number of technology firms
past and present will be worth investing in. Artificial Intelligence, Virtual Reality (weird times), self-driving cars, drones...there are big things coming and when I get out of debt, its game
time. Till then, I get bits and pieces of knowledge to know whats popping. Ill never forget my teacher becoming an overnight millionaire when the Ipod dropped. He was still teaching, and
had roughly 20k in Apple. This shyt was 14 years ago, roughly. I can only imagine his worth today. I feel like we were being taught all the wrong shyt, meanwhile my school had millionaire teachers.

 

[hatealot]

Same....I didn't really educate myself on investing until like 27. Started investing at 28.

So I look back at all my foolish purchases and wasteful spending from 20 - 25 like

Like I said, if you put $1,000 into it back in 2012....BTC was trading at $13.00....now that investment would be sitting at $300,000.

And you KNOW some nikkas did that.

Then you have the guys who were up on Bitcoin back in 2010, 2011, 2009 and invested even more than that. They're millionaires.

Bitcoin is just a response to the 2008 Financial Crash. Some people were sick of the big banks having so much power and created decentralized currency. While the rest of the world was glued to the news, focusing on tax bailouts, Occupy Wall Street, AIG and Lehman Brothers, a few smart nikkas around the world were plowing their money into this new platform. I invested in Bitcoin and Etherum so far and, I'm still researching new coins to invest in the near future but, i think of it more as a good investment now than a chance to make serious bread. The cats who got there first got that. What I'm really focusing on is training my mind to see the value in new opportunities the same way these cats saw the value in this years ago because there will be another new new thing that most of the world is going to ignore.

It may not be as violatile at bitcoin but if you can find your way through the many IPOs in the stock market you may hit. I was fake trading netflix maany years ago and im mad for not investing real cash. The stocl grew from like 40ish to what it is now. I wasted all my tax returns and free cash on bullshyt.

 

[At30wecashout]

It's messed up how brehs are always so late to the table on this type of shyt.

What's stopping us from having our own mining farms in the hood?

The initial investment, the space, the power, etc. Those are not small operations. Not to say we couldn't do that shyt, but as "big" as the coin market seems, its still very few people
pulling that shyt off. Who has money to buy a few thousand sets of graphics cards, motherboards, power supplies, the space to house it, etc. Not to mention knowing people who
are likeminded and ready to help you pull that shyt off.

 

[mamba]

What I'm really focusing on is training my mind to see the value in new opportunities the same way these cats saw the value in this years ago because there will be another new new thing that most of the world is going to ignore.

Exactly, breh. That's the key.

Once you get used to spotting trends, investing can get really interesting.

That means reading a lot. There's a reason people such as Mark Cuban, Bill Gates, Warren Buffet, Jeff Bezos and others read more books, magazines, newspapers, etc. in a month than most average people read in a year. They use that information to drive their decisions and spark their imaginations.

 

[MalikX]

Exactly, breh. That's the key.

Once you get used to spotting trends, investing can get really interesting.

That means reading a lot. There's a reason people such as Mark Cuban, Bill Gates, Warren Buffet, Jeff Bezos and others read more books, magazines, newspapers, etc. in a month than most average people read in a year. They use that information to drive their decisions and spark their imaginations.

Exactly. That's what I've been doing.

 

[Aviso]

Where are you doing the MBA?

I'm enrolled in Northeastern University's Online MBA program. I chose the online format since I work fulltime.

 

[Mim-Wage Baller]

I heard litcoin is the next to blow up along with ethereum. I'm currently reading about XRP and it looks promising.

 

[calixprynce]

Hold this rep, famI definitely see a wave down the line when Semiconductors switch up from Silicon (can be a decade and a half away), and a number of technology firms
past and present will be worth investing in. Artificial Intelligence, Virtual Reality (weird times), self-driving cars, drones...there are big things coming and when I get out of debt, its game
time. Till then, I get bits and pieces of knowledge to know whats popping. Ill never forget my teacher becoming an overnight millionaire when the Ipod dropped. He was still teaching, and
had roughly 20k in Apple. This shyt was 14 years ago, roughly. I can only imagine his worth today. I feel like we were being taught all the wrong shyt, meanwhile my school had millionaire teachers.

I wonder if Melanin could work

 

[At30wecashout]

I wonder if Melanin could work

I wonder what the stock on Melanin is right now. Wesley did say "Always bet on Black."

 

[MikelArteta]

i know nothing about investing
so what should i buy brehs>?

just a young black breh tryna make it oout of the egyptian slave system

 

[mrfortune]

yes

 

[Houston911]

Not too late

But like @HopeKillCure I'd look into others if all you have is $100 to invest