Bitcoin Forum

Other => Beginners & Help => Topic started by: zevtiefenbach on December 03, 2013, 01:54:57 AM



Title: economical invest of btc?
Post by: zevtiefenbach on December 03, 2013, 01:54:57 AM
I'm new to the btc scene and am curious about how best to invest in this currency. it seems most inexpensive devices are not economical in terms of returning of being able to generate a reasonable amount of btc. plus, there's so much speculation in the market that the markup on most devices is over 100 % from what they were originally sold for. any thoughts on a good way to enter the mining/currency market?


Title: Re: economical invest of btc?
Post by: quantumflow on December 03, 2013, 03:21:39 AM
I would trade alt coins or mine alt coins.  In my opinion, it is hard to beat alt coin roi vs bitcoin roi.


Title: Re: economical invest of btc?
Post by: smelly on December 03, 2013, 03:28:31 AM
any thoughts on a good way to enter the mining/currency market?

not really a thought, but i have heard rumors of gold hidden in the Black Hills.


Title: Re: economical invest of btc?
Post by: quantumflow on December 03, 2013, 03:31:49 AM
grab it now bro.  I got in and out 2 years ago.  shoulda kept my butt in the game.  Now, I am back scrambling!


Title: Re: economical invest of btc?
Post by: PixelFanta on December 03, 2013, 03:57:19 AM
Its really unstable right now and everyone is expecting it to crash, but good luck hope you make the right the desicion


Title: Re: economical invest of btc?
Post by: Itun on December 03, 2013, 04:18:36 AM
Currently, I don't recommend investing fiat in btc.

Buy some alt-coins that seems promising.

I think it would profit you better that way.


Title: Re: economical invest of btc?
Post by: dormedas on December 03, 2013, 04:27:32 AM
I would mine scrypt-based alt-coins if you're looking to get in the game. It costs less to get started at reasonable hashrates (i.e., using GPUs) and most, if not all, alt-coins can be traded against BTC at various exchanges.

For instance, I mine Feathercoin in a pool and that trades to BTC on btc-e.com


Title: Re: economical invest of btc?
Post by: va23boam on December 03, 2013, 04:43:40 AM
i read litecoin is on the rise, i was thinking about buying a few coins and holding onto them, possible you could make some big gains in the years to come..


Title: Re: economical invest of btc?
Post by: nahtnam on December 03, 2013, 05:45:07 AM
I'm new to the btc scene and am curious about how best to invest in this currency. it seems most inexpensive devices are not economical in terms of returning of being able to generate a reasonable amount of btc. plus, there's so much speculation in the market that the markup on most devices is over 100 % from what they were originally sold for. any thoughts on a good way to enter the mining/currency market?

If you want to go simple (trade BTC), then use coinbase.