Bitcoin Forum
May 27, 2018, 12:13:30 AM *
News: Latest stable version of Bitcoin Core: 0.16.0  [Torrent]. (New!)
   Home   Help Search Donate Login Register  
Pages: [1]
Author Topic: When you say 'invest in bitcoin'  (Read 4204 times)
Offline Offline

Activity: 8
Merit: 0

View Profile
June 08, 2011, 03:26:31 AM

Hi all,

New to bitcoins. I've been reading up in the forums and trying to get my terminology straight. I have a couple of computers sitting around not doing much and figure I would let them mine for me. I don't want to invest in a new machine just for this, but there may be room for improvement on my existing systems.

I was looking at investing vs mining threads. I assume when you all say 'invest in bitcoin' you all mean buy some from the exchange and hold them. Is this correct?

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Hero Member
Offline Offline

Posts: 1527380010

View Profile Personal Message (Offline)

Reply with quote  #2

Report to moderator
Offline Offline

Activity: 109
Merit: 10

View Profile
June 08, 2011, 03:30:40 AM

I believe "investing in bitcoins" means buy bitcoins directly rather than buying mining hardware.

While much higher risk, you can profit much more as you dont have to factor in hardware costs.

If I helped you in some way, and you feel obligated to do so, you can tip me some coin!
Pages: [1]
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!