So all investments outside of strictly Bitcoin are gambling?

I don’t talk about this a lot, but I do enjoy it…investing in Bitcoin companies (mainly, miners).

My investment strategy (outside of bitcoin) is pretty simple. It also leads with a gut feeling approach on if a company has way too much bloat in terms of influencer like personalities on social, I usually steer clear.

Steady updates, transparency, undervalued, strong performance, and media appearances (not too much, but not too little to raise suspicion).

Since the bottom in ‘22/early ‘23 with miners, it’s worked out pretty well. Not for the faint of heart though*

*not financial advice.

I’m not very technical either but it’s super easy to set up. Very little noise once it’s up and running. (Fan does go to 100% on restart and makes a little louder noise) As far as energy usage it’s not much. Some users are running them off solar panels off grid. There are options for power supply upgrades and fan upgrades for over clocking. Keep in mind it is a “lottery miner” and is competing with machines on the network with massive amounts of hash power. I got a couple of them running just to learn about mining and help decentralize the network.

Totally worth it IMO🤙🏼 #bitaxe

Assume zero ROI. If you want ROI, just stack sats. But it might make a cool conversation piece, so you might orange pill someone with it.

I'm more interested in using old antminers as heaters.

Similar price range you can get an s9, use it for heating with some modifications to reduce noise, stack more sats in winter time 👌

What I'm watching... 👀

An ongoing positive divergence between the price of bitcoin (red line) and global M2 money supply (green line) since June 26, 2024.

This is likely to (eventually) resolve with a price movement to the upside.

The longer it persists, the more likely it is to move further and higher to the upside when it eventually resolves.

In all seriousness... you love to see it.