Newbie Needs Advice

Morning my friends!! I got started with crypto about a year ago. Jumped into the doge craze at the right time and made a decent amount of money quick…but i didnt really know too much about the ummm arena and quickly lost everything in the crash after snl. I took a break for awhile got my life back together after some personal shit happened and got back into small investing a few weeks ago. I wanna begin correctly and make the right choices…bitboy recommends finding a niche and Im very interested in “MINING”…but I dont have too much computer experience and theres sooooo much crap info on the net to sift threw. Ive been studying that 6 hour course on udemy…not too bad shows you how to build a rig but still no dummy basics like even a website to start with basic mining shit coins on a laptop. Am i too late? Any links (books, videos etc) I would really appreciate any help to get me going. Thanks…Cheers!

It’s not late Mickey, and welcome!! I’d say it’s a great time to get in, prices are 40% off all time highs and it’s a great time to accumulate. I’d say do some more research, come up with a budget, and dive in!! Your 2024-2025 self will thank you. Just my opinion but that’s what I say to anyone interested in mining. If you’re a true hodler, and you stack, then you can also put your coins to work for more and compound your return. I love it so maybe I’m the wrong person to ask but I’d still say you’re definitely NOT TOO LATE!!:v:t3:

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Thanks for the feedback buddy. Ive fallen prey to fomo several times and I dont wanna make that mistake again…I see the price of bitcoin now and its easy to say “fuck I missed the train” but I try to remember the market fluctuates and its still in early stages as far as something to look for as a career so to speak. Ive never been very good at making small baby steps everyday toward a goal…I usualy go balls out for a few months then get discouraged and quit which is hwo young men operate. Im newly on the mgtow wagon and i wanna focus on my future and financial freedom.

40K BTC is the beginning in my mind. Once all the regulations are set and there are clear guidelines for these businesses to follow, I think they’ll be a massive influx into it. I use simple math and a 1/2-1M BTC isn’t that far away. Sure there are plenty of other coins that will 10-20xx a lot quicker, but what’s the rush? I’m addicted to sending funds to the cold wallet every week :smiley:. Again, just my opinion but I’m hard core Bullish on Bitcoin. An S19J can mine about .160 BTC a year. If you hold and wait @ 250K that’s 40K and at 500K that’s 80K. So to me, if you have the patience, any Bitcoin miner will be well worth your time. And those numbers are only for one year. Good luck to you Mickey and welcome!! You’ve come to the right forum for crypto chat and Q&A!! :v:t3:

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