... OK, so i started my journey around 3 months ago, when bitcoin was worth about 6000$. I decided, that i want to earn some passive income, so cryptocurrencies are one of the best opportunities out there right now.
So i was "googling" and surfing the web, how to buy some bitcoin. I wanted a website, where i don't have to reveal my identity so Coinbase wasn't my option. I bought my first amount of bitcoin on the website called blockchain.com, where you don't have to reveal your identity, if you buy a small about of crypto (under 300$). I bought just 100$ worth of bitcoin, which was "back in the days" 0.0183 BTC.
I wanted to increse my bitcoin, so i was searching on YouTube how to do that. I found these BIG YouTubers (CryptoNick, Trevon James, Sunny Decree ...), who made a lot of money from crypto. Of course i listened them. They were promoting a site called Bitconnect, where you lend your money to their "trading bot" and you make around 1% daily. So i made an account and lent my 100$ worth of bitcoin to Bitconnect ... And this was my worst decision i've made through my CRYPTO journey.
You can make much more money from trading cryptocurrencies on their SWINGS. Yes, you can lose, but you can lose your money on Bitconnect too , if they exit SCAM. Swings on the right cryptocurrencies on this day or week are just better then this Bitconnect thing.
But i was lucky, because when i got interest form Bitconnect, i transfered it to BCC coins. BCC coins took off, and my landing profit was a lot bigger. Then i transfered my BCC to BTC and to my Binance wallet, where i made a lot more in just a few days.
I decided, that when i get more money, I'll build a minig rig, which is almost a guaranteed source of income (safer than LENDING and TRADING). I won't invest into CLOUD MINING, because it costs similar to the mining rig i'm going to build and on top of that, i own the miner so i can sell the equipment and make my money back.
If you are planning to get in to CRYPTO world, it's sometimes just better if you hold the coins and wait, till they go up and then sell them.
My exchange of choice (referral link); Binance: https://www.binance.com/?ref=11000332
I tried mining once. Didn't go so well.
Funny story though, I thought I was mining DASH, so I thought I was rich! Turned out I was mining DashNotes (or something) which were worth nothing, hahaha.
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I first started mining with NiceHash on my PC, and it's very easy. I even got some BTC. :)
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