December 6th, 2017

Fell asleep early last night and forgot to post. I was going to post something about projection but I have something else in mind.

Yesterday I bought 0.05 of bitcoin for $660. It was, to some degree, an impulse purchase as I do not know much about bitcoin at this point. What I do know is that it’s the oldest member of the blockchain technology, it is being used as payment for many online websites and companies, and its graph has been going nothing but up. Many deem it the future of currency or something to that effect.

I’m honestly more intrigued by other cryptocurrencies such as ethereum but do not know much about them, either. I did end up buying 1 ethereum as well, and we can see how that goes.

I’ve been thinking about bitcoin for a while now but still do not know much, as I just started listening to podcasts about bitcoin. It’s just a small skin in the game, of course, but learning about how miners can only mine a small 1mb chunk at a time may prove to be useful later on down the line, perhaps. I believe the right move was to indeed invest and I will continue on down this path and invest even more of my income down the line.