AMDUSD20210625
Armenian dram June 25 2021 Futures
crypto

It’s almost time for me to dig out my AMD Radeon rig out of the basement !

Yeah... I still remember mining 8 BTC per night on my AMD Radeon 6950, and then selling them for 0.80€ each the next day and thinking "I'm fucking rich!".
Of course, I didn't keep my 100's of BTC.... when you don't have money, your tolerance to loss is non-existent.

It was just the rational vision of things…
nobody can predict the future, so judging a past choice based on future insights is kinda childish.
Always be in the position to not regret a past decision made on “past circumstances/knowledge”, which is not easy, but it’s wise.
I wish to share another in-depth point of view…
It’s common sense,
but like If you invest on a stock like Intel (example) and let’s say hypothetically they make terrible products for a sequence of times, it’s a totally random and fake example, you may jump to the conclusion that intel is failing and that AMD (for example) could outweigh its competition.
It’s a totally rational thought, but it’s biased, by a subconscious assumption that intel won’t change his CEO or practices in order to counter the situation.
Then, these might lead to another failure or might lead to a super product.
It’s a totally random and fictional example, but the point of this story is: we live in a non-deterministic world and despite your belief can be totally towards a trend, it may not happen.
So how could you 10 years ago predict for certainty this price? You are not omniscient, It’s impossible.
What is possible is to “stuck with your belief” and “gamble on it”, and if 15 years ago you felt like it was a garbage and a digital nonesense.. don’t overburden yourself with regret, think back about what the situation was that time and it was the most rational thought for you, that time.

It’s almost time for me to dig out my AMD Radeon rig out of the basement !

Yeah... I still remember mining 8 BTC per night on my AMD Radeon 6950, and then selling them for 0.80€ each the next day and thinking "I'm fucking rich!".
Of course, I didn't keep my 100's of BTC.... when you don't have money, your tolerance to loss is non-existent.

It was just the rational vision of things…
nobody can predict the future, so judging a past choice based on future insights is kinda childish.
Always be in the position to not regret a past decision made on “past circumstances/knowledge”, which is not easy, but it’s wise.
I wish to share another in-depth point of view…
It’s common sense,
but like If you invest on a stock like Intel (example) and let’s say hypothetically they make terrible products for a sequence of times, it’s a totally random and fake example, you may jump to the conclusion that intel is failing and that AMD (for example) could outweigh its competition.
It’s a totally rational thought, but it’s biased, by a subconscious assumption that intel won’t change his CEO or practices in order to counter the situation.
Then, these might lead to another failure or might lead to a super product.
It’s a totally random and fictional example, but the point of this story is: we live in a non-deterministic world and despite your belief can be totally towards a trend, it may not happen.
So how could you 10 years ago predict for certainty this price? You are not omniscient, It’s impossible.
What is possible is to “stuck with your belief” and “gamble on it”, and if 15 years ago you felt like it was a garbage and a digital nonesense.. don’t overburden yourself with regret, think back about what the situation was that time and it was the most rational thought for you, that time.