How I lost my capital. Mining.
I'm 23 years old and recently I lost a large amount of money accumulated in crypto-currencies. I want to talk about my experience over the past 7 years, concerning everything that influenced my decisions in all spheres of life including financial. I hope this will help you avoid my mistakes)
Plan for the next few posts.
- Introduction (published)
- My acquaintance with mining (2011-2012 year).
- My first and very strong love (2013 year).
- I do not have enough money, she will leave me ...
- Bitcoin $250, everything bad (2014 year)
After a while I plan to talk about using my trading strategies "corridor bidding" and "arbitrage"
Mining
So the year 2011. My mood was still terrible and I did not know what to do. On the one hand, the discontent of parents, on the other, I did not like myself. The way I threw away my time drove me into a big depression.
Perhaps the only positive thing was that I grabbed for any opportunity to earn some money. For several months of job search I went to a bunch of interviews but success from it was not much.
As for evil I constantly came across various pyramids, in which they promised a mountain of gold if I invest money in them. But I did not have the money, and my parents, when they heard the whole story, would not give money either. This in some way saved me from the pyramids.
And then somehow one of my friends jokingly told me that he had a computer at his house that works 24/7 and earns some electronic money. I was very interested and I decided to find out what it is.
First time I ran the program on the home computer for the night. Just a couple of days later I had a few dollars on my account in bitcoin.
It took only a month and I collected the first mining system, asking my parents for some money, and borrowing some more money from friends. I remember buying all the necessary accessories directly on the radio market, as I was assembling the computer in parts. It should be noted that I had enough money only for used components. All this miracle stood right in my apartment on the balcony.
My parents went to my room every day there and said that they did not like it and asked who would pay for electricity. I looked at the small farm and it was kind of nice for me. A word of honor!
Here you will find my old photos from 2011-2012.