How I learnt about Cryptocurrencies (Bitcoin, Ethereum, DASH)

in bitcoin β€’Β  7 years agoΒ 

One question that I have been asked a lot is how I got into cryptocurrencies. The journey started almost 5 years ago in 2012, and it's a story full of crazy adventure - full of successes and missteps.

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Β  Β· Β 7 years agoΒ 

Keep at it @boxmining with your daily videos we all look forward too . Keeping us in the know

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I first heard about Bitcoin about 5 years ago and wanted to get involved but there was just too much computer jargon and was very technical at the time. I never gave up on it but it was only until last year that I really got involved with crypto-currencies. Even now not many people are aware of the crypto-space so our early exploits will hopefully build generational wealth.

Great story! I got into Bitcoin mining back in 2014 with a cheap $25 ASIC miner from eBay which netted 366 MH/s and like $0.25 per day. Literally after a few months the difficulty grew so high that it made less than a cent per day. Sold it to a friend as a USB hand-warmer lmao

Β  Β· Β 7 years agoΒ 

Lol, I'm actually going to be purchasing some of the new asus dedicated mining gpus to mine altcoins. Are you still mining?

Β  Β· Β 7 years agoΒ (edited)

Yeah with my GTX 750 Ti, but I don't have any plans for investing in GPUs. While they do have a mining ROI in like 3 months, the thing with people advertising cryptocurrency mining with GPUs is that suddenly masses of people start ordering GPUs, which takes the stock away from people who actually want to use them for gaming, etc.

i think i ordered an asic from butterfly labs and it never arrived...

Β  Β· Β 7 years agoΒ (edited)

Great story! I only wish I would have knew about crytpos sooner, only been mining for 2 months

I Love your video! Keep up the great work!

Β  Β· Β 7 years agoΒ 

I got into cryptocurrencies last year only. My first crypto was monero, I mine it with my gaming desktop which gave me .150 last year for a day! Now I only get .04000 a day...

Β  Β· Β 7 years agoΒ 

That sucks, Im buying 6 of the new asus dedicated mining gpus soon. Can't wait to see what that gives me!

Β  Β· Β 7 years agoΒ 

I didn't really look into cryptos until June of this year. Pretty late. Experienced the significant drop and recent recovery. Started to have better read in this new world. I also tried to talk this with my friends, but sounds like most of them just thought I am crazy. :)

Β  Β· Β 7 years agoΒ 

and it's so funny that I was actually at where you did broastcasting last week. :)

Β  Β· Β 7 years agoΒ 

My friends think I'm crazy as well, just give it a couple of years and then they will eventually come to the realization

Β  Β· Β 7 years agoΒ 

I just got into it in June as well, pretty fascinating :)

My beginning was an odd one. I bought right before I was in the hospital. It was wonderful being in the hospital and seeing I made money. Then the trouble began. It was the Mt Gox hack and I kept trying to but as it dropped.

It is never fun to start in the hole but I have a bitcoin mentor that I trust and he has guided me to a nice profit over the years.

I call him my Bitcoin mentor, he was a real estate client of mine and I taught him about real estate and he shared with me his thoughts on Bitcoin. I was too stubborn so I bought in much later but he got in very early.

He is someone I trust and respect so he has given me advice that I've taken many times.

He has always stressed the basics. Own the best coin. Never hold on exchanges longer than you have to. Be very secure with your offline wallet. Holding wins in the long term.

it's amazing that you got a mentor

Β  Β· Β 7 years agoΒ 

Lucky you having a mentor! I am self taught from beginning to end. Actually starting my own business soon in the crypto sphere. Just posted the beginning of my business plan on my blog. Check it out!

Plex coin will be the strongest ICOs coming up .it could be the next Bitcoin, It is the next decentralized worldwide cryptocurrency, based on the Ethereum structure. It’s pre sale will be one of the most important of the year They plan to make PlexCoin Visa cards, which connect to your Plex Wallet. Pre- sale has started. And read 61 pages white paper for more details . If you never had the opportunity to invest in bitcoin when it started , this is an opportune time to invest..https://www.plexcoin.com/?ref=XIhqoRGIJ4

Β  Β· Β 7 years agoΒ 

A great greeting very good post follow me @gr3g0r

Β  Β· Β 7 years agoΒ 

Now follow me @tswoop

Great post, I just got into alt coins a couple of weeks ago. Going to follow you!

Β  Β· Β 7 years agoΒ 

Goooooood

Thanks! Great story. Thanks, Michael!

Β  Β· Β 7 years agoΒ 

I got learned about bitcoin while working as a personal trainer at a gym. This guy who came in almost every other day kept telling me about it and how he has retired off it. I had been wanting to invest in something and I kept thinking about him saying, "Bitcoin has treated me very well." Cryptos have treated me very well too. Especially lately. :) I've never mined. Learned about alt coins though and own some of them now too. I watch your YouTube channel, its very informative even though I am not a miner. Thanks. Following you on here now too. Keep up the good work. Can't wait to see your upcoming videos from Europe. You're the bomb!

Β  Β· Β 7 years agoΒ Reveal Comment
Β  Β· Β 7 years agoΒ 

now follow me at @tswoop :)

Β  Β· Β 7 years agoΒ 

Michael - You get a special mention in this funny poem I penned on crypto trading! It's kind of relevant to this video too as it's about my experiences and advice for new traders. I hope you find it entertaining!
https://steemit.com/crypto/@pezlo/a-must-read-poem-for-all-of-those-in-crypto

lovely story, and i enjoyed watching your video and i also resteemed

Β  Β· Β 7 years agoΒ 

Great video , keep it up !

Β  Β· Β 7 years agoΒ 

Thank you for your daily Videos @Boxmining, you help non-professional investors/users to understand what is going on.
Great Job.

Great story. I remember when I used to play poker on the internet and Bitcoin became an option to deposit/withdraw. I didn't really understand Bitcoin at the time but, looking back, I wish I would have withdrew all of my funds and just held bitcoin! Hindsight is 20/20!? :-)

Β  Β· Β 7 years agoΒ 

Nice video, what do you think about filecoin ?

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This spreadsheet will show you daily/weekly payouts based on your investment.
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Β  Β· Β 7 years agoΒ 

Hmm not too sure about this? Have you been getting payout?