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RE: Bits and Pieces -The Good, The Bad & The Fugly

in #bitsandpieces7 years ago (edited)

few months back I started investing in crypto, trading, cloud mining and steemit. It was fun for me in steemit and trading. Things were going good and my friends was curious seeing the profit I made. But he was not that sort of guy who could have patience and put effort in trading and creating posts and all. hasflare was doing ood too back then , I suggested him to invest in that if he doent want to do much and just wants few profits.

he invested $1000 in hasflare and intially the price of btc was 17k back then and high btc was mined. Then theings changes btc price went down, the quantity mined git decreased. I am okey with whatever I am doing, but i feel sad at him

I too agree your saying, invest 500 in two of them as its more safer to keep your eggs in diffrent basket than in the same . Thats what my friend did, he put his all $1000 in one basket hashflare, but i invested in various platforms.

also, from your post, I came across manu technical terms which I was unaware of, I might do my own research again on all those stuffs, good for me

thnx for this post, I will help me a lot|
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no matter what the price on hashflare went to, he didn't have the money. Hashflare has it and they are not required to give it back. It's not an investment unless it's on the blockchain or insured by laws. (blockchain still better)

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