Hey guys. New to trading cryptos. Lurked on btc-e for a while to see if i could begin to understand fluctuating markets.
I have to say the learning curve isn't easy, and by every mean possible continuing to grow in difficulty. (no pun intended
) I own a small amount of volume, but I am building a rig. Most would say, "Hey Isn't it too late to jump on the mining train?" I'm here to tell you from my experience so far that this is only the beginning. As a young naiive male, I may be slightly clouded in my judgement.
I am a hardworking, self sustained young individual who has just invested 30% of his savings into a rig. The race is not over young, brilliant-minded crypsties. It has only just begun. As the difficulty of mining increases, the price will rise. Interest in cryptos has begun to explode. At my hometown Uni, the semester started off with none but my fellow computer scientist peers knowing what a bitcoin was. Even then, a faint ringing in the ears. Begin to ask around now, people will comment, "Oh it's too volatile", "I heard that stuff crashed 50% awhile ago." The idea is growing.
As time to [relatively] cheaply mine comes to a close this year, the millionaires will fade to billions, and the thousands to millions. Wealth will spread as fiat currency is slowly dissolved from the pockets of big bankers.
As i have stated I am building my rig now, and i hope you fellows will make a decision not based on me, but based on your own observations. My rig will consist of 3 R9 270X, GV-R927XOC-2GD. Hopefully i can tune these to roughly 450kh/s each. At the time being, cards are becoming harder and harder to come by. There are better deals out there for the money, but for me this was the best purchase for me. I plan to have my parts in-hand by January 7th.
Threre are many places online to read and learn more. Do research! Happy Crypting fellow traders, investors and inquirers!!
