Personal Finance and Investing

womanofthehills

(10,004 posts)

29. If you want to buy NFT's you need ETH

Sun May 11, 2025, 04:30 PM

May 11

I wanted to get into selling NFT’s (digital art, etc) so I got some ETH & Bitcoin. I just bought a little to figure out how it works. It’s fun - as my original investment was just enough to have fees connected to selling digital art , but as I could see my $600 almost double - i definitely got interested. The last month it’s been down but up again this week. You can buy direct from some companies with your bitcoin. When my bitcoin is up, I will purchase stuff - when it’s down I won’t. Now - thru PayPal you can also invest in Bitcoin. I think it’s fun and a good way to make money.

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mdmc

41 replies

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Why don't we all use bitcoin? [View all] mdmc Apr 2025 OP

Bitcoin is private enterprise, US Treasury is public. /nt bucolic_frolic Apr 2025 #1

thanks for the reply.. mdmc Apr 2025 #3

I don't understand how they have any value other than money laundering. I think doc03 Apr 2025 #2

The big money return in crypto is::: Norrrm Apr 2025 #7

what do you think about my idea of holding bitcoin for my kids? mdmc Apr 21 #12

I admit I know next to nothing about Bitcoin, but people were making millions back doc03 Apr 22 #17

thanks for the reply mdmc Apr 22 #18

I think of bitcoin as a future currency - I plan on leaving my bitcoins to my sons mdmc Apr 21 #11

If you can buy low and they can sell high, go for it. Norrrm Apr 21 #15

Thanks for the reply mdmc Apr 21 #16

If you want to buy NFT's you need ETH womanofthehills May 11 #29

thanks for checking in.. mdmc May 15 #40

I noticed while doing my taxes that there is now a section on cryptocurrency IcyPeas Apr 2025 #4

I've heard that story! mdmc Apr 22 #19

I try very had to avoid scams. -misanthroptimist Apr 2025 #5

You can actually buy Bitcoin thru PayPal womanofthehills May 11 #31

I asked your question on DuckDuckGo JoseBalow Apr 2025 #6

thanks mdmc Apr 21 #13

No problemo JoseBalow Apr 21 #14

Weird as my transactions took seconds. womanofthehills May 11 #33

Bitcoin is loved by criminals & dark web. Outside of that it's no better than meme stocks like DJT & tRump's scam coin.n Bernardo de La Paz Apr 2025 #8

oh my mdmc Apr 25 #21

Wrong - the young love Bitcoin womanofthehills May 11 #34

Your statement does not contradict mine or make it wrong. The two groups can separately love it. . . nt Bernardo de La Paz May 11 #35

Despite its name, it is not a currency created by the government to facilitate commerce. surfered Apr 2025 #9

It has no ties to the production of goods and services. I would stay away from it. everyonematters Apr 2025 #10

I've had people ask me what the dollar is based on.... A HERETIC I AM Apr 24 #20

US dollar based on US production. Bitcoin based on convenience for shadows, no production, no "store of value". . nt Bernardo de La Paz Apr 25 #22

Wouldn't bitcoin buyers back bitcoin? mdmc May 6 #23

That they back it does not provide a base. They can sell it down just as easily as buy it up. . . . nt Bernardo de La Paz May 11 #37

Too complicated for now brokephibroke May 7 #24

thanks for the link mdmc May 11 #25

Dave Troy hannah May 11 #26

Not sure who that is brokephibroke May 11 #38

I have a wallet but you can also buy Bitcoin on PayPal womanofthehills May 11 #36

I don't know how to buy food at the grocery store TheFarseer May 11 #27

Bitcoin are meme stocks that have no real intrinsic value LetMyPeopleVote May 11 #28

It can double or halve in value in a year or less. Shermann May 11 #30

2 yrs ago but still good vapor2 May 11 #32

Perfect - thanks. (nt) Pinback May 16 #41

can you say discover. pansypoo53219 May 12 #39