Anyone else get introduced to financial literacy and investing because of crypto? - This may come as a surprise, but there are millions of people that grow up in households where investment isn't even talked about. Much less terms like portfolio, bull market, bear market and shorting or leverage.

I ... See More quit my job at the time to be a full time student as I didn't know covid would happen and then boom. Fast forward and at the time Youtube was inundated with crypto content, at the time Youtube also didn't like crypto content creators and tried to hide content based on the absolute flood of scams and so forth, but it was everywhere and you couldn't miss it.

For the first time in my life I heard about stuff like liquidity, bull market and bear market. I spent hours sifting through it all. Learning about crypto and this new digital coin mish mash, I didn't know what I was looking at but when I went to a website to view coins it was like walking into a casino, all I saw were the little pictures and the dollar values next to them.

This is where it all started for me in 2019, I've learned so much and now understand (to a much larger degree) what investments are, how inflation works and stuff like risk on assets and it's all because of deciding to take a look at crypto scrolling through Youtube out of boredom one day.

I officially stopped mining crypto today. This is what I learned during my experience - So I've been mining crypto for a few years using a normal gaming desktop computer. Basically, I keep my computer running 24/7 anyways and figured I might as well have it mine while it is ... See More doing nothing. Even more since I didn't have to worry about electrical cost.

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The amount gain wasn't something to jump for joy about. I was mining only with a RTX 2080. I didn't overclock anything, I did my best to keep the temp down at or below 70 degrees, and I didn't push it. My desktop was a desktop first since I use it for making money through 3D printing, auto cad, making guides, and other methods. And this is primarily am stop mining.

# Why I kept mining after ETH switch to POS, and what got me into it:

It's because of passive income. I know a lot of miners back in the day and some now tried to make it out to be extremely hard. And yes if you are on a professional scale. But for the average everyday person, this was truly plug and play AFTER you got it setup. This is something crypto does extremely well. Unlike everything else, you can have true 100% hands off passive income.

And yes, if I was in a situation where I had to pay for the electric bill, I wouldn't do it. As many have pointed out, it's extremely likely you can calculate how much it will take to mine, and just use that money to buy the crypto. Which I didn't believe in to start with.

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# What got me out of mining:

I started dealing with graphic card driver failures. During this I honestly don't have much to turn to when I'm completely stump on a problem so I go to AI. And after about 2 days of trying to figure out the root cause, a number of test on the hardware, and playing guessing games if it is a driver update that happened a week ago (and why didn't the thing flip out sooner if that was the cause). I started to write down the entire situation because the AI has horrible memory so it can recall. Basically I was writing a summary of everything.


In this, I started to write out how much I made a day in doing this. Roughly 20 cents a day. And this got me thinking. I literally fighting over pennies. I'm 99% sure the issue is with the minerstat software and some conflict with other software or updates. And to confirm how stupid this entire situation is. I did the calculations and it's only $73 a year.

Because of how passive this is and how little I checked on it, I had the mindset of what it was where I was making $1 or more a day. Again not enough to jump for joy over, but enough to help out if needed.

Like it still feels like a gut punch because my mind instantly goes to x MUST make money. But writing it down put the entire thing in perspective.

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# What I learned from this experience:

Once in a while write down your situation or just say it out loud. If I didn't do this, I would be fighting it and be looking at selling crap to just get a new computer I didn't need in order to mine for the highest amount.




Like take a step back and write it down, and see how it sounds. If it sounds stupid, you likely should consider just not doing it.

For example, once in a while people ask on here what people regret from the last bull run. And most including myself admit that we wish we sold and took profit. Many of us had a freaking good indication we went into a bear market after the first bit. Even at a loss and seeing a cliff we were like.... well it will just go up from here, or we are still in the bull market it is just taking a break.

But I feel if many of us that was making excuses actually step back and said out loud the situation or wrote it down and read it as someone else wrote it. We would likely sold.

What is it about crypto that evokes such strong emotions in people? - I was browsing around, reading different articles about crypto as usual. Scrolling through the comments, I was a bit shocked to still see a lot of anti-crypto remarks. It seems that even after being associated with big ... See More names, we still can't shake off the initial idea that a lot of people had.

People still see crypto as some kind of imaginary thing or something related to scams, and even the ones trying to provide some reasoning for their criticism always go back to the narrative that crypto isn't backed by anything.

Not to mention different subreddits purely focused on bashing everything crypto-related, it seems that a lot of these people are actually hoping others to lose their investments or to become a victim of some kind of scam.

What's wrong with these people? Are they that bitter?

Since I'm struggling to understand what kind of pleasure these people are getting from others' misfortune, I ask you guys: Why does the concept of crypto enflame such responses from these people? I understand skepticism, but where does all of this negativity come from?

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