Bitcoin Forum

Economy => Economics => Topic started by: navidos on June 09, 2013, 01:20:47 AM



Title: What would you do with 10K USD in Bitcoin
Post by: navidos on June 09, 2013, 01:20:47 AM
Hello guys,

If you got 10K USD and just want to invest in Bitcoin industry, which investment would you choose and why?

Please imagine it must be invest on Bitcoin.

It can be Trading, Building Devices, Place Pre Orders, Place Instant delivery Orders or anything else that you think would be profitable
in long or short term .


The thing is I don't have any trust to place preorders :( .

I got this money and just want to invest on Bitcoin or any other CryptoCurrency .

Cheers


Title: Re: What would you do with 10K USD in Bitcoin
Post by: giantdragon on June 09, 2013, 01:32:16 AM
Buy ASICs, despite I know how risky is this investment ;)


Title: Re: What would you do with 10K USD in Bitcoin
Post by: BitcoinBarrel on June 09, 2013, 01:32:28 AM
Try to get a early preorder for a 5 ghash+ BFL Jalepeno or other asic and buy like 5 Bitcoins while they're low.


Title: Re: What would you do with 10K USD in Bitcoin
Post by: peterepeat on June 09, 2013, 02:02:02 AM
What would I do. Sit on them until an opportunity comes along. Spend those 90 coins wisely, as they are hard to get.


Title: Re: What would you do with 10K USD in Bitcoin
Post by: bitman442 on June 09, 2013, 02:22:04 AM
I'd spend as many of them as I could on Asicminer shares, live on the dividends, and then save the rest for a kickass Asic rig after everything dies down from Asics taking over the lifting from GPUs.


Title: Re: What would you do with 10K USD in Bitcoin
Post by: navidos on June 09, 2013, 05:49:27 AM
But no one deliver the ASICs , that's the issue 10000 USD I should pay for nothing.

For example KNCminer who are in Sweden where I live too but how should I trust on this story?

About share of ASICminer, they don't give that much of dividends, maybe they do ?!


Also consider that I got already 12GH/s with my babies 7950s.


Title: Re: What would you do with 10K USD in Bitcoin
Post by: Explodicle on June 09, 2013, 05:59:13 AM
What would I do. Sit on them until an opportunity comes along. Spend those 90 coins wisely, as they are hard to get.
This. Unless you're well informed, investing will on average lose money when compared to saving.*

* deflationary currencies like Bitcoin only


Title: Re: What would you do with 10K USD in Bitcoin
Post by: navidos on June 09, 2013, 05:00:28 PM
What would I do. Sit on them until an opportunity comes along. Spend those 90 coins wisely, as they are hard to get.
This. Unless you're well informed, investing will on average lose money when compared to saving.*

* deflationary currencies like Bitcoin only

So trade or place pre order?


Title: Re: What would you do with 10K USD in Bitcoin
Post by: Welsh on June 09, 2013, 05:04:04 PM
I certainly wouldn't invest it all at once. I would invest a little into a project, then keep some to accumulate\te some value.


Title: Re: What would you do with 10K USD in Bitcoin
Post by: vokain on June 09, 2013, 05:37:45 PM
2.5:1 leveraged long :)


Title: Re: What would you do with 10K USD in Bitcoin
Post by: Spendulus on June 09, 2013, 06:55:27 PM
Hello guys,

If you got 10K USD and just want to invest in Bitcoin industry, which investment would you choose and why?

Please imagine it must be invest on Bitcoin.

It can be Trading, Building Devices, Place Pre Orders, Place Instant delivery Orders or anything else that you think would be profitable
in long or short term .


The thing is I don't have any trust to place preorders :( .

I got this money and just want to invest on Bitcoin or any other CryptoCurrency .

Cheers
Just use it for transactions.  Stay out of mining equipment.


Title: Re: What would you do with 10K USD in Bitcoin
Post by: navidos on June 09, 2013, 07:19:02 PM
Hello guys,

If you got 10K USD and just want to invest in Bitcoin industry, which investment would you choose and why?

Please imagine it must be invest on Bitcoin.

It can be Trading, Building Devices, Place Pre Orders, Place Instant delivery Orders or anything else that you think would be profitable
in long or short term .


The thing is I don't have any trust to place preorders :( .

I got this money and just want to invest on Bitcoin or any other CryptoCurrency .

Cheers
Just use it for transactions.  Stay out of mining equipment.

You mean trade?

Why not get the device?


Title: Re: What would you do with 10K USD in Bitcoin
Post by: ChronoX5 on June 09, 2013, 07:48:17 PM
Hello guys,

If you got 10K USD and just want to invest in Bitcoin industry, which investment would you choose and why?

Please imagine it must be invest on Bitcoin.

It can be Trading, Building Devices, Place Pre Orders, Place Instant delivery Orders or anything else that you think would be profitable
in long or short term .


The thing is I don't have any trust to place preorders :( .

I got this money and just want to invest on Bitcoin or any other CryptoCurrency .

Cheers

Diversify. Many of the offers on Bitcointalk are high risk, high reward. Some of the might fall over but as long as some succeed you should make a nice profit. I would start with a small investment or purchase and work from there.


Title: Re: What would you do with 10K USD in Bitcoin
Post by: mgio on June 09, 2013, 07:55:42 PM
Buy as many bitcoins as you can. Then use those bitcoins to buy ASICMiner shares. Reinvest the dividends in more shares.

DO NOT buy mining equipment. You are not likely to break even at this point. The market is about to become flooded with ASICs and very few people will make any money.


Title: Re: What would you do with 10K USD in Bitcoin
Post by: vokain on June 09, 2013, 08:06:17 PM
Buy as many bitcoins as you can. Then use those bitcoins to buy ASICMiner shares. Reinvest the dividends in more shares.

DO NOT buy mining equipment. You are not likely to break even at this point. The market is about to become flooded with ASICs and very few people will make any money.

+1, though the sentiment eerily reminds me of bubble talk in regards to ASICMiner... at least buy BTC


Title: Re: What would you do with 10K USD in Bitcoin
Post by: Welsh on June 09, 2013, 08:08:58 PM
Turn it into bitcoin now, before people start using their dollars for kindling.

He means 10k USD in Bitcoins, so you wouldn't need to turn it into Bitcoins ;)


Title: Re: What would you do with 10K USD in Bitcoin
Post by: VJain on June 09, 2013, 08:38:19 PM
I'd buy more BTC + ASICMINER stock...


Title: Re: What would you do with 10K USD in Bitcoin
Post by: aceking on June 09, 2013, 08:57:34 PM
is the perfect time to buy bitcoins with the price near to 100 usd


Title: Re: What would you do with 10K USD in Bitcoin
Post by: AliceWonder on June 09, 2013, 09:04:01 PM
$10K is too risky for me.

I would not keep more than 20% of my monthly income in bitcoin. Anything over that and I sell to bring it back down.
That way if it crashes, I'm not devastated having lost more than I can afford to lose and the crash may actually be an opportunity rather than my downfall (speculating the crash will go back up).


Title: Re: What would you do with 10K USD in Bitcoin
Post by: Explodicle on June 09, 2013, 10:28:31 PM
What would I do. Sit on them until an opportunity comes along. Spend those 90 coins wisely, as they are hard to get.
This. Unless you're well informed, investing will on average lose money when compared to saving.*

* deflationary currencies like Bitcoin only

So trade or place pre order?
Yes, trade your USD for Bitcoins. If a pre-order is shipped late it's money straight out of your pocket.


Title: Re: What would you do with 10K USD in Bitcoin
Post by: navidos on June 10, 2013, 02:24:05 PM
Trasde is not a bad idea i think.

Is there any tutorial regarding the BTC graphs?


Title: Re: What would you do with 10K USD in Bitcoin
Post by: qiuness on June 14, 2013, 12:26:39 AM
where can you buy asicminer stock?


Title: Re: What would you do with 10K USD in Bitcoin
Post by: notme on June 14, 2013, 12:49:44 AM
About share of ASICminer, they don't give that much of dividends, maybe they do ?!

ASICMiner shares have been averaging well over 1% weekly.

where can you buy asicminer stock?

https://btct.co/
https://www.havelockinvestments.com


Title: Re: What would you do with 10K USD in Bitcoin
Post by: r3wt on June 14, 2013, 12:51:39 AM
i would build a bad ass computer on bitcoinstore.com and then i'd give the remainder(about 7k) to charity


Title: Re: What would you do with 10K USD in Bitcoin
Post by: Stampbit on June 14, 2013, 01:49:42 AM
You can invest in making my site automated ;)


Title: Re: What would you do with 10K USD in Bitcoin
Post by: bitzox on June 14, 2013, 09:40:38 PM
ASICMiner shares are your best bet in my opinion, though i would definitely leave some of it in a paper wallet and just left deflation do its work. IMO ASICMiner is the only security out there worth investing, according to btc-tc its averaging something like 40% annualized dividends over the last 3-months. It is the only security I can find that adequately compensates you for the inherent risks in investing in anything bitcoin related.


Title: Re: What would you do with 10K USD in Bitcoin
Post by: candoo on June 15, 2013, 11:02:49 AM
Click here https://bitfunder.com/asset/G.ASICMINER-PT and buy yourself a stack of asiciminer shares. They are the best investment at the moment. Their price goes up and the dividends are pretty neat!



Title: Re: What would you do with 10K USD in Bitcoin
Post by: RagnarDanneskjold on June 15, 2013, 12:03:02 PM
I would search high and low for a project that you connect with & believe in; negotiate a stake in the business.  Better yet, keep the funds for your own btc startup. You might want to lok into Vanity addresses and Hierarchical Deterministic Wallets:
https://en.bitcoin.it/wiki/BIP_0032

Most importantly, if you are going to be moving around 10k in btc, make sure you reeeealy know what you're doing, take extreme security precautions, and don't be afraid to ask for help.


Title: Re: What would you do with 10K USD in Bitcoin
Post by: BitAddict on June 15, 2013, 02:00:58 PM
Unless you really know what are you really doing (not because someone just advertised you), is better you just keep your coins in cold wallet. After, when you really find a good opportunity, invest!


Title: Re: What would you do with 10K USD in Bitcoin
Post by: wachtwoord on June 16, 2013, 07:30:57 PM
Buy 100 BTC, put it in a cold wallet and be patient.


Title: Re: What would you do with 10K USD in Bitcoin
Post by: navidos on June 18, 2013, 03:34:09 PM
How about trading BTC ?


Title: Re: What would you do with 10K USD in Bitcoin
Post by: GaiusMaximus on June 18, 2013, 06:09:52 PM
just keep your coins in an offline storage system and forget about them, if you are trying to invest your coins to get more coins then you could look into joining tradelenders or possibly playing the exchange, just my 2 cents...


Title: Re: What would you do with 10K USD in Bitcoin
Post by: mackstuart on June 19, 2013, 03:28:40 PM
bitcoin isnt going anywhere anytime soon.... but difficulty is, of course.  dont buy mining equipment, "to mine".  Buy and sell the coins. Peace.


Title: Re: What would you do with 10K USD in Bitcoin
Post by: BitChick on June 19, 2013, 10:03:54 PM
I am assuming that the 10K is extra money you have to invest without major risk in case of loss?

I am not an expert in mining so I cannot offer any advice there.

My husband and I had the brilliant plan of buying very slowly, just a few a month, when we first decided to get into bitcoin and this was when the price was at $48.  Two weeks later the price was $90.  A week later $200 and then $266!  Of course, we decided to buy more as it was rising during the "bubble".  We did not sell at the top, like some smarter ones did. Our average is about $120 for the small amount we have.  Unfortunately we are underwater but we were of the mindset to buy and hold all along. 

That said, I would say buy as soon as possible and then hold.  Yes, prices could go down a little, you can decide if you want to speculate with some of the coin, but if you feel this is a good investment, as many of us really do, then just buy and hold, especially if the investment is not too risky for you.  At today's prices you are doing better then some of us that started sooner.

My two cents. :)


Title: Re: What would you do with 10K USD in Bitcoin
Post by: halfawake on June 20, 2013, 02:42:20 AM
Me, personally?  I'd be torn between just saving it for when the value of BTC hopefully increases like crazy making you very wealthy from that investment.  Or, alternatively, investing directly in bitcoin businesses using either one of the bitcoin stock markets or bitcoin starter.


Title: Re: What would you do with 10K USD in Bitcoin
Post by: legitnick on June 20, 2013, 08:20:58 PM
I would put all the 10,000 USD in Bitcoin, Bitcoins prices are low right now and I think they will shoot up to new highs soon.


Title: Re: What would you do with 10K USD in Bitcoin
Post by: davout on June 20, 2013, 08:22:52 PM
Place Pre Orders

Yeah, do just that.


Title: Re: What would you do with 10K USD in Bitcoin
Post by: xenofanesSkarak on June 21, 2013, 07:02:39 AM
I think it started to fall down.
but in declining trend. I dont think it grows on 120 usd in next week,

229650.msg2534289#msg2534289 date=1371759658]
I would put all the 10,000 USD in Bitcoin, Bitcoins prices are low right now and I think they will shoot up to new highs soon.
[/quote]


Title: Re: What would you do with 10K USD in Bitcoin
Post by: realdos on June 22, 2013, 01:48:12 AM
Hoarding as many bitcoins as I could, picking the right moment to enter the market.


Title: Re: What would you do with 10K USD in Bitcoin
Post by: inspiredinvestor on June 24, 2013, 06:44:59 AM
nice post navidos, good and thought provoking post.  :)

I agree with all above that holding bitcoin in cold wallet, is by far the most sensible approach.

You have not mentioned what you are hoping at getting out of the $10,000

are you wanting to to double it in 6months? or get a cashflow income of 4 BTC a month?




Title: Re: What would you do with 10K USD in Bitcoin
Post by: navidos on July 02, 2013, 04:34:57 PM
nice post navidos, good and thought provoking post.  :)

I agree with all above that holding bitcoin in cold wallet, is by far the most sensible approach.

You have not mentioned what you are hoping at getting out of the $10,000

are you wanting to to double it in 6months? or get a cashflow income of 4 BTC a month?




Welcome.

I'm really confused ! Dono what to do exactly .

Now I'm doing some trade but not that much.

I prefer to double it on 6 months but not sure if it's possible in BTC or not.


Title: Re: What would you do with 10K USD in Bitcoin
Post by: ajolly on July 02, 2013, 04:36:50 PM
Watch the coming BTC crash. Buy BTC back, invest in ASICMiner.


Title: Re: What would you do with 10K USD in Bitcoin
Post by: cdog on July 03, 2013, 11:26:00 AM
Buy 100 BTC, put it in a cold wallet and be patient.

/thread


Title: Re: What would you do with 10K USD in Bitcoin
Post by: newguy05 on July 03, 2013, 08:41:39 PM
Watch the coming BTC crash. Buy BTC back, invest in ASICMiner., Put in a cold wallet and be patient.

fixed


Title: Re: What would you do with 10K USD in Bitcoin
Post by: PrintMule on July 03, 2013, 09:59:28 PM
sell it on different markets at once.


Title: Re: What would you do with 10K USD in Bitcoin
Post by: inspiredinvestor on July 03, 2013, 11:25:00 PM
it's whatever your comfortable with I am personally taking 8k buying in with other on a uber super GH miner (don'e ask me which one, still working it out based mostly on who can deliver on time.. he he)  and some in www.coinlenders, and some Triple B Mining bonds.

I want to use my BTC to help build the community not stick it cold wallet. (though the cold wallet is by far the most sensible idea!!)