Anyone else investing their HP earnings in Cryptocurrency?

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  1. robhampton profile image94
    robhamptonposted 13 days ago

    Now that paypal has an option to buy cryptocurrency, I've been dumping my last few HP earnings into Ethereum. No regrets here! So far a great investment. Have done a lot of research on Ethereum and seems as although cryptocurrency in general is very volatile, Ethereum seems like a fairly safe investment. Anyone else doing this?

    1. EricFarmer8x profile image98
      EricFarmer8xposted 7 days agoin reply to this

      Back when Bitcoins were $300 a Bitcoin I thought about buying three or four. Sigh.

      "Hindsight is 20/20."

      I suppose I still can invest in cryptocurrency now but I still am nervous about this even knowing what I know now.

      I might put in a few hundred dollars. Could always use my HubPages earnings as suggested.

      I have a Coinbase account setup and secured for when I want to.

  2. SmartAndFun profile image97
    SmartAndFunposted 12 days ago

    I have not, but thanks for the info, I didn't realize it was not an option. I really don't know much about cryptocurrency other than for the last several months I have been using the Brave browser, which pays me in their own form of crypto, just a little bit every month in shared ad revenue ($3 maybe). So far I have just been donating it (an option built into the browser) and that is as much as I know about crypto. Basically, I am slowly getting my feet wet. Maybe I'll work up the courage to create a wallet an try an HP crypto payout. Thanks for the info!

    1. robhampton profile image94
      robhamptonposted 12 days agoin reply to this

      Paypal now offers the option of 4 crypto currencies. The downside is that you can not access the "keys". They hold them. It's a great starting platform though until one can get like a coinbase account or something similar.

  3. John Dove profile image92
    John Doveposted 12 days ago

    Yes I have been purchasing bitcoin on PayPal with my last two monthly earnings from HubPages. I have been really impressed with the gains so far, and my best sources think Bitcoin will continue its upward march.

    1. robhampton profile image94
      robhamptonposted 12 days agoin reply to this

      Yes!! Although I'm not investing in bitcoin, Ethereum absolutely exploded today. Better than stocks, but very volatile. Look at what happened to xrp..yikes! Bitcoin and eth are pretty stable though and definitely on an up trend

  4. psycheskinner profile image83
    psycheskinnerposted 11 days ago

    Investment is all about diversity but of the cryptos etherium and bitcoin have the best change of having an actual value in the future,

  5. lobobrandon profile image91
    lobobrandonposted 10 days ago

    Not an option in Europe yet.

    1. psycheskinner profile image83
      psycheskinnerposted 10 days agoin reply to this

      You can buy crypto from anywhere, it is designed to be a currency not limited by any institutions including countries. But some of the intermediaries that will make the purchase easier are limited by country because they are also operating as brokers or banks.

      1. lobobrandon profile image91
        lobobrandonposted 8 days agoin reply to this

        I meant the PayPal to crypto option.

    2. bhattuc profile image79
      bhattucposted 9 days ago

      Interesting discussion and useful information. Thanks.

    3. melbel profile image95
      melbelposted 7 days ago

      I mostly just make my car payment.

     
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