It literally cannot fail. Literally!!!
I laugh though as it does seem reminiscent of my early trading strategy back in the Steem days of buying all the shitcoins that were worth fractions of a cent by the thousands. Whatdya know, in the bull run I was suddenly flooded with profit!
My 1500 DOGE eagerly await the coming of the new sun!
I was also naive at the beginning. I have made a lot of money but also lost a lot of money gambling on shitcoins and leverage.
Seriously talking. As I grew older I grew averse to risk. I am investing mostly in government issued treasury bonds, partially in private bonds, and tipping my toes in DeFi protocols that yield.
Buying and forgetting is not a strategy I like anymore. If I have 1 Bitcoin it will always be 1 Bitcoin.
I like Hive, as an example of DeFi, because regardless of the price, if I leave 1000 Hive here in 1 year it will be idk 1020 Hive (I don’t remember exactly how much it yields)
HBD is another thing I like to invest in. 10% yield a month on a dollar backed investment? Sweet!
I want my money to work for me, not to be stagnant. Even if Bitcoin can value more than Hive I prefer something that yields more of it because compound interest is magic.
I am just not investing because my laptop broke and I am gonna have to spend a shit ton of money to fix it (everything was encrypted so data recovery is expensive). If I had money to spare you would see my HBD savings increasing month after month.
I have found myself going down the same route when it comes to Crypto at least. No longer am I happy to carry bags for years. Instead I have done the DeFi yield farming thing and am plugging away at getting some of that HBD interest action too!
Sorry to hear about your laptop man!! I hate that shit when it happens as it costs a lot and when it comes from nowhere it knocks you sideways!