How Cryptocurrency can change your life.

in #bitcoin7 years ago

Knowing of cryptocurrency and its effectiveness. Coming from someone who is a beginner to the terms bitcoin,steem, and cryprocurrency. I am a year in and not looking to turn back. Understanding that these coins are becoming as new way of life in the terms of currency. Please spend hours upon hours researching,trading,exchanging, and purchasing these coins in hopes of making great money. I look at computers in a whole new light. They don't just allow people to browse the web, search facebook, or find a great recipe. Some people mine.

This is also a new world for me to understand, but I am so intrigued by it. I don't do it myself, however, I have helped friends build computers and place them in a cool place for proper effectiveness. Imagine miniature miners tick tick ticking away to help in making money while the computer runs. Sounds fascinating enough to me! I also look at cryptocurrency in the sense of gambling. You can be excited,but must have patience and understand that you will win some and lose some. You will have ups and downs! When winning on a bonus level...don't be too quick too spend (trade,exchange) it too quickly. Similar to stocks..... numbers change in a snap of a finger so you cannot think on emotion. We have to think logically about how we are going to protect our investments and find ways to make more money. This reminds me of "Steemit!"

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(Not my photo)

I remember when not many people were a part of this community. Now people are pushing and shoving to be part of something great. I love being a part of this blog and continue to vote on others to help them and myself. This is the only way we can continue to build steem power. I sound like such a nerd right now, however I am proud of what I have learned thus far and hope to continue this journey that is changing my life day to day!

I hope you enjoyed how I view cryptocurrency!

The newbie.

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I agree @thepixelprincess cryptocurrencies weren't something I was familiar with either until about a year ago as well. Although I didn't discover STEEM until December. I don't really have much time to put into research to to much as I'm currently finishing up my PharmD degree. However, one thing I have been more and more curious about is mining. Again, haven't had all the time in the world to research it and don't have the space for a mining rig. I've looked into some pools, but none really seemed worth while. What do you recommend?

Feel free to check out my posts about cryptocurrencies

Hi tspink,

Congrats on almost finishing your degree. Recommended sites for mining would be places like office buildings or warehouses depending on funds and how many computers you plan to have. You also have the option to rent or purchase. Make sure to have a location with enough power to supply your computers! I hope this helps :)

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