Quote:
Originally Posted by packs
How many people do you guys know that both collect baseball cards and invest in crypto? I personally know zero people who do both.
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I own only prewar vintage cards and I invested in crypto. In late 2020 (I think), I funded a guy and we mined for etherium. It was a great investment until 2022, when the cost of electricity spiked, which caused (in part) the value of crypto to go down. In mid 2022, we sold all of our hardware, and did well on that since there was a shortage of GPUs (remember the chip shortage) but still decent demand from basement warriors looking to do personal mining. Then, late last year, I had the guy liquidate my etherium. It was a solid transaction soup to nuts.
Not sure how it all shakes out, but personally, I believe there is a “there there” with crypto.