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trey / Trey Walsh
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2024-10-07 18:27:48

trey on Nostr: If you’re investing, please be careful with Bitcoin miners! It may seem simple on ...

If you’re investing, please be careful with Bitcoin miners! It may seem simple on the surface, but far from it. The cost/game is brutal, acquisitions always looming, AI play (but with what partnerships), potential shitcoining, in over their heads, and more!

Get to know the company, board and leadership really really well or don’t invest.

Much better to just stack sats, or look into a business with a bitcoin treasury strategy (imo it’s less risky, but still super risky).

For the vast majority, stacking sats is the way. If you want to support or get skin in the game with bitcoin companies you believe in and can spend a lot of time getting to know, then invest.
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