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by DanBlake 3255 days ago
High risk, high reward. If you buy the average piece of real estate and rent it out, you are looking at 30+ years to cover the cost.

You can also lose it all (housing bubble) or quadruple your investment (investing in SF 10 years ago)

4 comments

also weird analogy cause the houses value will (theoretically) appreciate... a GPU prolly not so much.
Buying ASICs is high risk and (probably) high reward - in event of crash you are left with worthless machines. GPUs will still have some value, even after all crypto currencies drop.
Which is why you use leverage...
Barring natural disasters and other extreme events, your real estate risks losing (let's say) 50% of value if you made a good purchase

The intrinsic value of 1 BTC is ZERO

But you bought the GPU not the BTC?

Even if BTC becomes worthless, you still have the GPU to sell

True, that applies for investing in mining

(there's also the electricity you used, but if you live in a cold place you saved on heating so that could be something not lost as well)