Jack and Jill have a bathtub full of 20 Dollar bills that some old Baby Boomers left them when they kicked the bucket. The contents of that bathtub total 5,000 USD. Jack has a good Job with plenty of flexibility while Jill works from home. They have no children with no plans to have any.
Jack comes home after reading all the news about BTC's soaring prices. He says to Jill he would like to get involved and see what BTC is all about first hand. Jill turns around and says i heard about it as well... I want to trade the volatility during the day. Jack says he would like to run a Mine. This would allow him to generate passive income.
How would we best accommodate Jack and Jill in the above scenario?
Tell Jack that venturing into Mining at this point in time is very impractical and proved to be difficult without appropriate requirements. Jill's idea of trading is probably be a lot more feasible. Since Jill works from home, she has all the time in the world to do the trading. She just needs to learn the know-hows of trading to maximize profit. For starters, their bathtub content of 5000 usd is quite a good capital. I would suggest to invest half of the bucket to BTC and HODL while half on trading. And whatever profit they earn at trading will be dumped to their HODL pool.