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Topic: Are crypto miners/investors gamblers? - page 2. (Read 929 times)

hero member
Activity: 912
Merit: 1021
If you don’t believe, why are you here?
July 18, 2016, 10:26:40 AM
#2
Yes. There was a point in my life where I looked at myself and said I need to take a risk. I took out a $26k loan against myself and bought 12 4 card GPU rigs in late 2013. My wife had to co-sign for me taking out my own money. While I've paid myself back, and owning up to 4 Titans, now only share a 6 cube machine...I'm re risking profits in building a physical coin. The money invested is a lot, but its only a small percentage of my worth and I'm in the black. That's the key.

My wife thinks it's crazy too. But this ain't basket weaving. This crypto game is an expensive hobby. Whether it's trading, mining, or physical coins. If she knew the opportunity costs I lost shed literally faint. But guess what, I fucking believe in it and that's enough for her.

Bottom line: you have to take a risk to make you feel alive. Or at least that's what my NaTTyMiNd tells me.

(But the majority of my holdings are in bonds, up 5.6% this calendar year🤑)
sr. member
Activity: 420
Merit: 250
July 18, 2016, 09:37:00 AM
#1
In general, is the average crypto miners and investors more risk seekers than risk averse. Do you like to gamble, is the thrill of winning worth more than the fear of losing money for you?

I am getting a lot of flak from my wife and friends for investing and mining coins, are you people getting the same objection from family and friends  Cheesy
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