Just bought some more crypto on payal
By snowy
@snowy22315 (169965)
United States
August 27, 2021 8:45am CST
So, I really like the ease of buying crypto on paypal. It has allowed me to build up my portfolio of cryptos a bit. I bought Ethereum this morning, as it is growing at a faster rate than Bitcoin, and is supposed to continue to do so. I have noticed there are alot of ATMS popping up that you can buy and sell Bitcoin at..however, I am holding mine for a rainy day. No plans to do anything with it at this point in time. Do you have any crypto?
10 people like this
9 responses
@snowy22315 (169965)
• United States
27 Aug 21
It is digital currency encrypted and not backed with gold or anything like that. Since we are moving toward a paperless society it theoretically is going to be worth more in the future, and continues to become more popular.
1 person likes this
@snowy22315 (169965)
• United States
29 Aug 21
@RebeccasFarm You can buy it on pp with just a buck.
1 person likes this
@RebeccasFarm (86754)
• United States
29 Aug 21
@snowy22315 I see Snowy I better get on that some day soon then
1 person likes this
@snowy22315 (169965)
• United States
27 Aug 21
this explains it better than I can..if you are interested.
https://investorjunkie.com/alternative-investments/investing-in-cryptocurrency/
2 people like this
@m_audrey6788 (58485)
• Germany
27 Aug 21
Sorry, I don`t have a crypto. Just dropping by to say Hi. Have a great day 
1 person likes this
@louievill (28851)
• Philippines
27 Aug 21
U.S. paypal users are lucky you have that feature however I would not trust PP to hold my crypto for me, you can't get your crypto out of their platform as crypto if you need it if my understanding is right. I prefer to control my crypto on my own private wallet where I have control of my private keys and have the freedom to control and use it as I wish.
I had been doing crypto since late 2014, i think you are doing the right thing by just amassing and not doing anything, people made money from bitcoin by not buying pizza or coffee with it but by simply keeping it
1 person likes this
@snowy22315 (169965)
• United States
27 Aug 21
Right, I view it is an investment. They say you can buy and sell the crypto on paypal if you are a verified US taxpayer. I don't think others would have access to that. You are right though..frittering it away on pizza and coffee is not going to help it build in value for sure. There are Crypto ATM's popping up all over here, but not sure how they could be utilized.
1 person likes this
@snowy22315 (169965)
• United States
27 Aug 21
@LadyDuck Yes, he might tell you more than you need to know .giving his own personal spin on it of course..
1 person likes this
@snowy22315 (169965)
• United States
27 Aug 21
Me too, I don't have a lot, kind of monitoring to see what happens.
1 person likes this
@LadyDuck (458091)
• Switzerland
27 Aug 21
@snowy22315 Same as you. I wanted to try without consulting my husband, so I used some of my personal PayPal money.
1 person likes this
@snowy22315 (169965)
• United States
27 Aug 21
Yes, it might be available in the future for your country I would think. You will have to wait and see what happens, but I am sure you can buy crypto other places there.
1 person likes this
@snowy22315 (169965)
• United States
27 Aug 21
Just save it, I bet it in increases in value over the years.
@snowy22315 (169965)
• United States
27 Aug 21
I think it is probably a good idea to have some in these uncertain times.
