The Time Problem - Deepstash
Metaverse

Learn more about crypto with this collection

Find out the challenges it poses

Learn about the potential impact on society

Understanding the concept of Metaverse

Metaverse

Discover 76 similar ideas in

It takes just

11 mins to read

The Time Problem

The Time Problem

Many people who delve into cryptocurrency are excited about the notion of turning a $1,000 investment into millions of dollars in wealth.

While this is possible, it’s unlikely, and to the extent possible, it will take a long time to unfold. For example, even if you saw an average return of 10% per year, it would take 73 years to turn $1,000 into $1,000,000.

20

86 reads

MORE IDEAS ON THIS

The Free Capital Problem

You can purchase $20 of Bitcoin right now, but if you don’t have $20 to spare, that’s not going to do you much good.

Small scale transactions like the one above shouldn’t be a problem for anybody. But, if you’re living paycheck to paycheck or if money is inordinately tight,...

20

85 reads

The Learning Curve

The Learning Curve

Even if you spend months reading about cryptocurrency, studying historical trends, and doing your due diligence for each of several different currencies currently being traded and speculated on, you still might make some bad decisions....

20

78 reads

The Portfolio Balance Problem

Just because you can invest in cryptocurrency doesn’t necessarily mean you should. Cryptocurrency is an uncertain investment wrought with volatility and regulatory complications.

There’s never a guarantee that any cryptocurrency will increase in value or even hold its valu...

20

79 reads

Building a Crypto Mining Rig

Building a Crypto Mining Rig

Getting involved in crypto mining means you’ll be able to generate coins on your own with no need to purchase them from someone else. You’re going to need a powerful rig, and even then, there’s no guarantee to make money from this endeavor.

Most cryptocurrency mining compu...

22

204 reads

Purchasing Currency

Most people buy and sell coins through a marketplace. With the right market, you’ll have even hundreds of cryptocurrencies to choose from, and you can buy in tiny increments, sometimes securing a transaction for less than $100.

Most cryptocurrency...

22

120 reads

The Rig Problem

The Rig Problem

If you have a powerful computer, you can set up a rig to mine cryptocurrency on your behalf, to generate the resources yourself. There are just a few problems with this idea.

  • GPUs and other necessary computer components tend to be very expensive for starters, compromising your pot...

22

87 reads

CURATED FROM

CURATED BY

trinity_

"My adversary is the world of finance." ~ Francois Hollande

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving & library

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Personalized recommendations

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates