A word from the wise to some of you just starting or speculating minable cryptocurrencies.

MINING-STAKING

I seen a post earlier of someone asking advice about how to use their graphics card(s) to mine cryptocurrency.

Some of these guys have some small set ups or what they deem as outdated hardware. Once they realize that they would only make a dollar or two a day they shy away because it really doesnt seem like that much.

$1.50 per day x 365 would earn you around $500 a year in an asset that could jump 200% with your hardware that is "too old".

Think of the big picture. Not this week or 6 months from now. Dont let that discourage you. There are people that have small transactions from years ago that are now worth several hundred dollars today.

What you do now could grow exponentially in the years to come and you could deprive yourself of something great because "it didn't seem to be that much" in the short term.

An apple tree can take 3 to 5 years to produce apples from inception. Plant the seed now and enjoy your fruit later.

Posted Jul 1, 2021, 12:20 AM UTC

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