Just came accross BTC a few months ago and to tell you the truth I am still learning there is so much to learn.
The things I do know its not worth what it was worth when it was cents lol man what some interesting times, I didnt even know this existed at that time !!
How do you guys find out about things like these ?
Anyways did some research and found out that you can do three things with bitcoin to pretty much make money.
1st BuyNhold (Will take you years before you even get rich and thats if you put millions into BTC which I dont have) the low low prices are over, which now you require massive capital
2nd Minning which same thing it is now super complicated to mine just 1 bitcoin its not even worth to mine depending the country you live in due to electricity and hassle
3rd Day trade bitcoin (You wont get rich but still make a few bucks a day if your glued to the computer for a few hours out of your day) still same thing very boring leaving you with earning pennies
Where I am going is what is next for bitcoin ? How can one still make money if you can make any with it ?
What are your guys thoughts ? I hope you see my point of view, I know we will all disagree but I am sure there will be those that agree with me.
(In business or new boom you can be
1. Adopter (Risky but can be very very rewarding just like those who invested when it was worth pennies or those you created the cases and sold CPUs and all those things to the gold rushers, and the ones who created the cryptocurrency exchanges
2. The ones who get in after the adopters, they see it worked and are still not late to the party. They get in they make their money then get out
3. The late ones,
the ones who hear it through the mainstream media. When this happens it is usually not ever worth it anymore not saying you wont make money but you will work 4-5 times harder than the 2nd person leaving you earning pennies (Saturated)