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Some people also win the lottery. But I would hardly call it a sound investment.

• serf 4y ago
  investment is a pretty strong term for what a lot of us did to make money at btc. I made quite a bit of money by throwing my ex-gaming 4870x2 radeon machine into a closet for a year. my investment was a few bucks in energy, and an old computer that was going to become e-waste, and a few minutes time. I got lucky that at the time this was a feasible strategy before ASIC domination -- but this 'investment' wasn't anything like the rest of my portfolio by any means.
  • epgui 4y ago
    Growing tulips isn’t any more of an “investment” than buying tulips… Regardless of whether or not it’s profitable, it’s a speculative endeavour.
    • eigenvalue 4y ago
      Tell that to the Dutch companies currently making tens of millions of years growing and selling tulips of all colors! See https://scitechdaily.com/dutch-tulip-fields-come-into-bloom-in-stunning-satellite-images/ https://scitechdaily.com/dutch-tulip-fields-come-into-bloom-...
      • epgui 4y ago
        It's a reference to the tulip bulb mania.
  • bityard 4y ago
    Mining can be an investment, if you can stomach the volatility and have a plan to mitigate the risk. But buying a currency with the mere hope that it will go up is just speculation, pure and simple.