crypto currency investing, anyone?
I only skipped around the thread but didn't see mentioned that anyone "mining" crypto with a home computer needs to do some pretty serious math.
There are complex charts online to determine if it's worth it to mine based on how much is paid and how much electricity your computer uses.
That's right, you can easily lose money just because of your electricity cost going up when your computer is in use.
The profit margin is that slim.
This favors- A- people that have high dollar, specialized mining rigs often built with multiple expen$$$ive video cards to off-load processing from the main CPU, and B- people that are in a position to write off, or otherwise not pay full price for electricity.
Instability seems to be the key word when it comes to crypto.
It actually has more in common with a stock that's valued based on speculation, at a multiple of the actual, tangible face value, than it does as a currency that's widely used to pay for goods and services.
...and to the person who said stock trading was complex by comparison and listed "requirements"- NOT true at all.
I've been an online trader with one of the most well known entities since 1999.
It's basically "point and click".
There is a minimum balance requirement, but that varies by firm.
I've never had a trade take longer than a few hours to execute.
I suppose if you set unrealistic goals such as a limit price way above the days' bid/ask, or if you're trying to pre-program days, weeks or month in advance on purpose (which I wouldn't recommend).