First time investment

[Mineboi]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

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[examplens]

Maybe you can look at altcoin section on this forum. Try to find perspective altcoin or reliable ICO crowdsale. you must first have a lot to read and only then to decide where to invest.
There are no clear investment situation, because it is so easy everyone would be rich here

[passwordnow]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

I don't want to discourage you but investing in bitcoin mining nowadays are hard enough because of the halving. And you need to save at least a year or even more months in able to make mining profitable. But examplens gave you a good suggestion that you can still mine but not with bitcoin, try with other alt coins or you can just buy bitcoins and wait for the price increase, that's effortless and no cost in monitoring + no electricity consumption.

[Qartersa]

It totally depends on where you are because you have to take into consideration the price of electricity. The power consumption of these miners are really heavy. It would eat up a lot of your earnings just paying for electricity. Then you have to buy miners which is a lot of money too! I don't really think it's a good investment nowadays.

[OgNasty]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

Investing in Bitcoin is always a great idea.  Investing in Bitcoin mining as others have stated, largely depends on the price you pay for electricity.

[Golftech]

It totally depends on where you are because you have to take into consideration the price of electricity. The power consumption of these miners are really heavy. It would eat up a lot of your earnings just paying for electricity. Then you have to buy miners which is a lot of money too! I don't really think it's a good investment nowadays.

hope OP recognized those opinion and if he still wanted to proceed with mining i think its much better to try with alts first because its still more easy and profitable mining alts with a good build mining system than trying your luck to mine btc, its just a matter of location and OP needs to review every resources that he can be found here before proceeding.

[ethereumhunter]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

Investing in Bitcoin is always a great idea.  Investing in Bitcoin mining as others have stated, largely depends on the price you pay for electricity.

i think he can invest his money in bitcoin before he decide to bitcoin mining, with only 80$, i think its difficult to get big hashrate and in a month, we can only get less and we need long time before we can get ROI. i think its better to use 80$ to buy bitcoin when the trend is down, hold it in his wallet and sell it when its up. do it over and over until you can buy the hardware you want to mining bitcoin.

[Qartersa]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

Investing in Bitcoin is always a great idea.  Investing in Bitcoin mining as others have stated, largely depends on the price you pay for electricity.

i think he can invest his money in bitcoin before he decide to bitcoin mining, with only 80$, i think its difficult to get big hashrate and in a month, we can only get less and we need long time before we can get ROI. i think its better to use 80$ to buy bitcoin when the trend is down, hold it in his wallet and sell it when its up. do it over and over until you can buy the hardware you want to mining bitcoin.

Yeah, it might be even better to just buy hashrate from reputable cloud mining operators. It would remove the hassle of setting up and maintaining it. You'd just have to wait for it to profit. Also, you can buy only a fraction of the hashing power and not really have to spend a lot of money as your initial investments.

[Omega Weapon]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

Investing in a mining operation at this point in time is a very complex decision not to be made by a newbie and not with 80 bucks a month, but buying some bitcoin or some well established altcoin is a good decision although any earnings are going to be low.

[Superhitech]

OP, why not invest in a different venture? For example, $80 a month invested into a bitcoin gambling site's bankroll can potentially bring a good profit. Cloud mining sites are sometimes unreliable, and physical mining isn't that easy.

Alternatively, you could use your savings to start a bitcoin related business, or invest in fiat stocks.

[sunsilk]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

Investing in Bitcoin is always a great idea.  Investing in Bitcoin mining as others have stated, largely depends on the price you pay for electricity.

This! You really to include and mention here if your country does only have cheap price when it comes to electricity consumption.

But if it is not that cheap, better to look for some other investments in bitcoin, mining is not the only investment that you can invest.

Trading is also good depending on your capability.

[deadsilent]

That depends on mining you want to invest. Bitcoin mining needs to buy necessary tools in able to build a miner. Its a bit expensive. Profits can be good. But the expenses will cut the profit. Electricity cost and internet. Make sure these two are cheap in your location before jumping into mining.
The other one is cloudmining. You dont need to buy mining equipments. Its like renting their mining equipments. But its not profitable anymore. You should try trading. You can make good profits from there.

[philiveyjr]

Mining separately as an individual has become very rare these days especially because of the huge mining pools now a days also for the fact that if you dont have free electricity, the roi is very very less. You have to be very optimistic to have your returns in a year or two if you dont have free electricity. It's just not worth it.

[pinkflower]

For only 80 bucks every month you would have a better chance to make big money by investing them in long shot altcoins. But dont make the mistake of thinking that cryptocurrency investments are like real investments. Theyre like the slot machine in the casino. Sometimes you hit the jackpot but most of the time you dont. What can you expect from 80 bucks anyway these days.

[pacifista]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

Investing is a serious thing cause a lot of investment sites went to scam. Be wise in dealing with them ,if you want to invest ,do a research  about that investing site you want to join.

[Idrisu]

Individual bitcoin miners this days are not making efficient returned on mining investment; because companies and big investors are dominating the bitcoin mining this days. You can only make returned on investment as an individual with little capital, mining altcoin and other up come cryptocurrencies. Another option for you is trading, though very risky you can develop your skills and make a very huge return on your investment.

[bering]

investing your money for bitcoin this is good idea but most people says bitcoin mining isn't profitable anymore especially for solo mining and maybe rather than investing for bitcoin mining why not just mining for altcoins and collect them and for your reference there are tons of thread altcoins at altcoin board

[Snorek]

I would rather hold that $80 worth of BTC and don't invest this in a bitcoin mining. You don't really have much options:
1. Would you be able to buy mining equipment and cover expenses of mining for that $80?
2. Investing in Bitcoin CloudMining is risky, not to mention to get ROI from legit CM service you will have to wait  quite a bit.
3. I would rather invest in bitcoin casino's bankrolls at this point.

Bitcoin Mining Calculator and Profitability Calculator: http://www.coinwarz.com/calculators/bitcoin-mining-calculator

[Qartersa]

I would rather hold that $80 worth of BTC and don't invest this in a bitcoin mining. You don't really have much options:
1. Would you be able to buy mining equipment and cover expenses of mining for that $80?
2. Investing in Bitcoin CloudMining is risky, not to mention to get ROI from legit CM service you will have to wait  quite a bit.
3. I would rather invest in bitcoin casino's bankrolls at this point.

Bitcoin Mining Calculator and Profitability Calculator: http://www.coinwarz.com/calculators/bitcoin-mining-calculator

He said he is saving $80 a month as savings and want to invest it in miners. But saving that for miners would take you months to buy even one. Then you also have to buy some other equipment required to run that miner. Also try to compute your potential income like what snorek said. You're really taking a lot of risk by mining. I think it is even less riskier if you just invest it in bitcoin casinos or just do some trading.

[fikihafana]

I would rather hold that $80 worth of BTC and don't invest this in a bitcoin mining. You don't really have much options:
1. Would you be able to buy mining equipment and cover expenses of mining for that $80?
2. Investing in Bitcoin CloudMining is risky, not to mention to get ROI from legit CM service you will have to wait  quite a bit.
3. I would rather invest in bitcoin casino's bankrolls at this point.

Bitcoin Mining Calculator and Profitability Calculator: http://www.coinwarz.com/calculators/bitcoin-mining-calculator

He said he is saving $80 a month as savings and want to invest it in miners. But saving that for miners would take you months to buy even one. Then you also have to buy some other equipment required to run that miner. Also try to compute your potential income like what snorek said. You're really taking a lot of risk by mining. I think it is even less riskier if you just invest it in bitcoin casinos or just do some trading.

Try to invest in hashflare or genesismining rather than buy hardware. I want to know about bitcoin casino's bankrolls, what is the best and trusted website to do that? Should we play btc casino or just deposit/invest in their bag?

[senyorito123]

I would rather hold that $80 worth of BTC and don't invest this in a bitcoin mining. You don't really have much options:
1. Would you be able to buy mining equipment and cover expenses of mining for that $80?
2. Investing in Bitcoin CloudMining is risky, not to mention to get ROI from legit CM service you will have to wait  quite a bit.
3. I would rather invest in bitcoin casino's bankrolls at this point.

Bitcoin Mining Calculator and Profitability Calculator: http://www.coinwarz.com/calculators/bitcoin-mining-calculator

He said he is saving $80 a month as savings and want to invest it in miners. But saving that for miners would take you months to buy even one. Then you also have to buy some other equipment required to run that miner. Also try to compute your potential income like what snorek said. You're really taking a lot of risk by mining. I think it is even less riskier if you just invest it in bitcoin casinos or just do some trading.

Try to invest in hashflare or genesismining rather than buy hardware. I want to know about bitcoin casino's bankrolls, what is the best and trusted website to do that? Should we play btc casino or just deposit/invest in their bag?

are you sure for your suggestion? Did you even try to invrst on them? Its because i don't recommend anyone to invest on them since the roi we can get on them is not decent and actually you can read some feedbacks among them on their own thread.

Its to bad for now to invest on mining since for sure mininh industry is totally at bad state and that means its a invesment option that we need to avoid, but instead on investing in minings i think its truly better to dive on tradings where we can earn more profits if we knew to play the market price.

[traderethereum]

Try to invest in hashflare or genesismining rather than buy hardware. I want to know about bitcoin casino's bankrolls, what is the best and trusted website to do that? Should we play btc casino or just deposit/invest in their bag?

i think before we investing in cloud mining, we should thinking about the risk and i think hashflare and genesis mining is two of the oldest cloud mining that still online beside of eobot but for your information, to get ROI from that two site is need a long time and its almost a year before you can get your invest is back.

there is many best and trusted gambling site that you can found and you only need to deposit to playing gambling in that site but if the site is offering for free money then you can trying to use free money first until you can feel that you are enjoy to stay in that site.

[Zadicar]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

Bitcoin mining isn't just having a problem regarding on difficulty but also to the equipment cost and we do all know that's expensive and even you do save 80$ per month you can't provide those mining equipments itself.

[peter0425]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

Bitcoin mining isn't just having a problem regarding on difficulty but also to the equipment cost and we do all know that's expensive and even you do save 80$ per month you can't provide those mining equipments itself.

In addition, Bitcoin mining is not profitable anymore because of the high cost on investing on the hardware and electricity and maintenance, and getting little yields in return. I think saving $80 per month is not enough if you are really serious on putting a mining farm yourself.

[mrcash02]

Use your $80 saved every month to hold it in a wallet. Just hold the money or invest in a casino bankroll, but never send your money to any cloud mining. With this initial investment you won't earn much money, but it can worth if every money you add mor $80 to the investment. After one year you will have $960, what is almost 1 BTC. And during the year sell the BTC when the price is high and buy it again when the price is a bit lower. To do it you must watch what is happening in the market, the price, every time.

[ultrloa]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

Bitcoin mining isn't just having a problem regarding on difficulty but also to the equipment cost and we do all know that's expensive and even you do save 80$ per month you can't provide those mining equipments itself.

In addition, Bitcoin mining is not profitable anymore because of the high cost on investing on the hardware and electricity and maintenance, and getting little yields in return. I think saving $80 per month is not enough if you are really serious on putting a mining farm yourself.

thats why for us its better that we just find another ways where we can find more money unto it since mining for now is not a better option to us and would love rather to hodl my coins since i think it is more profitable rather than spending for long time and wait to see the profits that we earn for mining/cloudmining. But i don't know the real score on how profitable it is if we would own a mining farm since i think the maintenance cost for it will surely costly.

[wizmo]

Invest in altcoin I've seen many people get good profit these days.

[cramcram21]

I think investing in some bitcoin minning is not so profitable right now because of halving,
But if you really want to try some investing just invest what you can afford to lose.

[Liquid71]

If you're serious about mining partner with professional miners https://cryptonomos.com/?r=1H2MkmZnQak9mIc0NKCaddDsQ

User your shares to mine or rent them out at min 36% annually. Really best way to invest in mining, newbie or pro it's a pretty rare opportunity.

[bias]

If you're serious about mining partner with professional miners https://cryptonomos.com/?r=1H2MkmZnQak9mIc0NKCaddDsQ

User your shares to mine or rent them out at min 36% annually. Really best way to invest in mining, newbie or pro it's a pretty rare opportunity.

Nice from you to post ref links but maybe you forgot that is prohibited from the forum rules.
If you want to "promote" something, do it without your link if possible...
                                                                                                                                                                                                                                                                 
And can this be a NON shady scheme, as the one that you post already? thanks in advance...

[Liquid71]

If you're serious about mining partner with professional miners https://cryptonomos.com/?r=1H2MkmZnQak9mIc0NKCaddDsQ

User your shares to mine or rent them out at min 36% annually. Really best way to invest in mining, newbie or pro it's a pretty rare opportunity.

Nice from you to post ref links but maybe you forgot that is prohibited from the forum rules.
If you want to "promote" something, do it without your link if possible...
                                                                                                                                                                                                                                                                  
And can this be a NON shady scheme, as the one that you post already? thanks in advance...

From the guy whoring out his sig for bits...I answered a request for an investment don't like it don't invest it's not my job to please you. When you pay my salary you can talk to me like you own me, until then STFU

AS for shady https://www.instagram.com/gigawatt_mining/

yeah looks shady, oldest crypto mining compnay in Noth America with an actual product...let me guess you want to invest in cloud mining ponzi with 100% month returns and tell yourself that you're a genius and it's not shady..

You're gonna end up telling everyone you found perfect investment, the ponzi coin in your avatar LMFAO scammer

If I was as lazy as you I'd be as broke as you and I'd whore out my sig to the highest bidder, and promote the ICO that paid big. This is the only ICO with real world product not just whitepaper and hype. maybe you should get off your ass and stop asking people to bring you investments to make you rich cause you're too lazy to do your own research or get a job.

I have one that's not shady, the casino in your sig seems like a non shady place to park your hard earned money. A company nobody knows the owner of offering gambling, totally legit..

[Liquid71]

I think investing in some bitcoin minning is not so profitable right now because of halving,
But if you really want to try some investing just invest what you can afford to lose.

The fees have made up for that, so has the increase in price of Bitcoin, but if Bitcoin gets Segwit on Aug1 the fees might go down so that could lower profitability unless price rises. who knows, we'll see Aug 1 i guess.

[ultrloa]

I think investing in some bitcoin minning is not so profitable right now because of halving,
But if you really want to try some investing just invest what you can afford to lose.

The fees have made up for that, so has the increase in price of Bitcoin, but if Bitcoin gets Segwit on Aug1 the fees might go down so that could lower profitability unless price rises. who knows, we'll see Aug 1 i guess.

But we can't truly count on minings since if you dig more info's and feedbacks on it surely you will get some disturbing info about it, But this matters on where country are you residing on since if you are living on low energy cost country then you might gonna earn some profits with it but I don't believe that you can generate some passive income with it since mining difficulty are increasing every year.

[crazyivan]

Definitely invest into crypto, this industry s the future.

Where should you start?

Well, they this one:

https://bitcointalk.org/index.php?topic=1931773.0

This is something I can definitely recommend.

[nattybit]

Investing bitcoin is a good idea. But i would suggest to divesify your porfolio i investing also in a different form like stock market,trading and small business.

[arwin100]

Well if you have a lot of budget to spend on investment much better if you split it into ICO's,Tradings and Casino investment so that you may have a choice and will not be wrecked if you losed some money on one of them, And This splittings would be nicer if you'd select those great sites since provably your money will be double on short period of time if your decision about this is excellent.

[shohelalam]

Your investment money never loss if you invest with bitcoin. bitcoin always give profit. but when you invest with mining that's time you have to think about expense and maintenance. because its depend where you stay now if your mining expense low and your electricity bill expense low then you can go mining. at this moment coin mining  is not good idea. Its my Opinion.

If you have good money for investment then you can invest with bitcoin. when price up that's time you sell bitcoin get profit..  you can also some good altcoin or token after some time you can also profitable from here.   

Thank you.

[pragna]

Hi Guys,

Investment is a very good idea for every person who can know how to invest. Before you invest you should know the market place well and as you have more coin you can invest. But my suggestion is as a first time investor you can invest small coin and by result of that you can invest more and more. If you invest more at a time and if some hassle done you will a sufferer.
Thanks

[Emworks]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

A lot of good advice and opinion are mention above, its up to you decide which one are you going to start, before that ask your self a few question.
-Do i have a capacity and ability to start the bitcoin mining ?
-Am i willing to wait and spend a lot time before seeing the result of mining?
-Base of my current knowledge, skill, capital and experience which one of the alternative option are right for me?

[webdevmastery]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

If your going to invest and yet you do not have a knowledge how the market works then i suggest that you try to do a lot of research because there is different coins and also different potential on increasing or might decrease. Try to research about bitcoin in google or  crypto currency and just read articles.

[MarioLuck990]

Investing to BTC is a good idea, especially now, or dash , eth...

[glowing10]

Investing in Bitcoin at present is little dicy beacuse as per the expectation instead of price moving towards 4k mark it started to fall back again and not sure the exact reason as well for this . So analysis the situation if it's going to fall and then you can buy later when the market is at lower point .

[xbl1008]

bitcoin mining is still profitable and good but as time goes by the difficulty is increasingly fast i would recomment to do trading at the same time so your growth would be diverse. the risk is there why don't you utilized it 

[noobinvestor]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

Investing in Bitcoin is always a great idea.  Investing in Bitcoin mining as others have stated, largely depends on the price you pay for electricity.

i think he can invest his money in bitcoin before he decide to bitcoin mining, with only 80$, i think its difficult to get big hashrate and in a month, we can only get less and we need long time before we can get ROI. i think its better to use 80$ to buy bitcoin when the trend is down, hold it in his wallet and sell it when its up. do it over and over until you can buy the hardware you want to mining bitcoin.

Yeah, it might be even better to just buy hashrate from reputable cloud mining operators. It would remove the hassle of setting up and maintaining it. You'd just have to wait for it to profit. Also, you can buy only a fraction of the hashing power and not really have to spend a lot of money as your initial investments.

Interesting. I'll research how to do this, but if you have an easy link/example, please share.

[crairezx20]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

Investing in Bitcoin is always a great idea.  Investing in Bitcoin mining as others have stated, largely depends on the price you pay for electricity.

i think he can invest his money in bitcoin before he decide to bitcoin mining, with only 80$, i think its difficult to get big hashrate and in a month, we can only get less and we need long time before we can get ROI. i think its better to use 80$ to buy bitcoin when the trend is down, hold it in his wallet and sell it when its up. do it over and over until you can buy the hardware you want to mining bitcoin.

Yeah, it might be even better to just buy hashrate from reputable cloud mining operators. It would remove the hassle of setting up and maintaining it. You'd just have to wait for it to profit. Also, you can buy only a fraction of the hashing power and not really have to spend a lot of money as your initial investments.

Interesting. I'll research how to do this, but if you have an easy link/example, please share.

Not a Good idea to buy hashrate from any cloud mining sites there is no reputable cloud mining until now the can stay alive for a long time almost all  are turn into scam. and honestly its not really profit even its legit or not. ..
If you really wanted to mine there is other way to mine you can try coinhive.com and use your pc to mine xmr converted directly to bitcoin or you can make your own website and start to looking for miners and earn commissions.. they earn..  This is much safe that i know for now base on what i searched and testing..

[noobinvestor]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

Investing in Bitcoin is always a great idea.  Investing in Bitcoin mining as others have stated, largely depends on the price you pay for electricity.

i think he can invest his money in bitcoin before he decide to bitcoin mining, with only 80$, i think its difficult to get big hashrate and in a month, we can only get less and we need long time before we can get ROI. i think its better to use 80$ to buy bitcoin when the trend is down, hold it in his wallet and sell it when its up. do it over and over until you can buy the hardware you want to mining bitcoin.

Yeah, it might be even better to just buy hashrate from reputable cloud mining operators. It would remove the hassle of setting up and maintaining it. You'd just have to wait for it to profit. Also, you can buy only a fraction of the hashing power and not really have to spend a lot of money as your initial investments.

Interesting. I'll research how to do this, but if you have an easy link/example, please share.

Not a Good idea to buy hashrate from any cloud mining sites there is no reputable cloud mining until now the can stay alive for a long time almost all  are turn into scam. and honestly its not really profit even its legit or not. ..
If you really wanted to mine there is other way to mine you can try coinhive.com and use your pc to mine xmr converted directly to bitcoin or you can make your own website and start to looking for miners and earn commissions.. they earn..  This is much safe that i know for now base on what i searched and testing..

Thank you. I will research this as well.

[madwica]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

For me do not mine if your capital is not enough to build your own mining site because if you invest that in cloud mining that was too risky and you can not get good amount of profit, much better if you save your money in the form of bitcoin and keep it for long period of time for sure it will generate huge profit it has a big possibility to make it doubled in a year since bitcoin value is continuous increasing it can be earn profit quickly.

[The Cryptologist]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

It's not a bad idea but the best idea and decision that you will make. Just focus only in bitcoin but if you want you can also invest in altcoins because they are much faster to pump.

[BigTeeths]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

Yes, its a good idea. At least, you are not like other people that still wait and saying it's too expensive to buy now. Go ahead and I know that we will both receive the fruits of our investments from btc.

[kojoannan]

I will advice you to look to altcoins token section. Involve those cash in ICO, you can get a discount of 10,20 or 30 % depending on timings of the pre sale of the coins. As soon as the coins get to market on major exchanges. Exchanges your coins to Bitcoins at 1:1 ratio and get your profit back. hope this help.

[ApocalypseNow]

Just continue to buy those precious bitcoins sir. I won't recommend like what others say that you go trade some altcoins because I can see that you have a good job and just wait for bitcoin to shoot to the moon after a few years and those bitoins that you saved throughout the years will pay off.

[jamids]

Just continue to buy those precious bitcoins sir. I won't recommend like what others say that you go trade some altcoins because I can see that you have a good job and just wait for bitcoin to shoot to the moon after a few years and those bitoins that you saved throughout the years will pay off.

Since OP has a good job and he didn't really need that money but a pure investment then I would recommend also to just continue and invest monthly so that it will be a dollar cost averaging kind of investment. Just continue to hold it and you will see in a few years or maybe just a year that your investment already fold up to ten times more or less. Trading needs time and dedication and if you have a job and stressed when you are home then you cannot really concentrate. Trading needs concentration and control of emotions so unless he is willing, he wouldn't be able to push through it. If he is half-hearted in doing it then better stick to investing.

[MinerHQ]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

It's not a bad idea but the best idea and decision that you will make. Just focus only in bitcoin but if you want you can also invest in altcoins because they are much faster to pump.

If you failed to find a good altcoin then they can also be dumped very fast and then it may or may not recover the price. Since OP is new to Bitcoins it is better to start with bitcoins because it is safer. After gaining some knowledge about bitcoins and altcoin trading then slowly can move to altcoins otherwise as a newbie may lose money.

[FUD Expert]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

Very good decision my friend. The first thing you should know is how to keep them safe from hackers so research that.

[eann014]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

It is depend on your strategy, if you think that strategy can help you then good. But it is good to invest when bitcoin price is low. Unlike right now, it is now hard to invest especially if the price of bitcoin is expensive.. You can also try that strategy but maybe it is also good to invest some of your money in ETH.

[roberthus]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

It is as they say in some comments above, everything is depends on where you are, really the electricity consumption is great, although they are designing new miners that consume less, bitcoin has highs and lows but in general I think it is a great coin.

[aervin11]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

This post was from february this year. If you follow your instinct and invested to btc. That 80$ is now maybe up to 1k$. Congratulations. Aside from your mining business, that initial investment on BTC. Maybe you just found out what crypto life is all about.

[Md.Esamul Haque]

Perhaps you can take a gander at altcoin segment on this gathering. Endeavor to discover viewpoint altcoin or solid ICO crowdsale. you should first have a great deal to peruse and at exactly that point to choose where to contribute.

There are no certain speculation circumstance, since it is so natural everybody would be rich here.

[shone08]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

Investing in Bitcoin is always a great idea.  Investing in Bitcoin mining as others have stated, largely depends on the price you pay for electricity.

i think he can invest his money in bitcoin before he decide to bitcoin mining, with only 80$, i think its difficult to get big hashrate and in a month, we can only get less and we need long time before we can get ROI. i think its better to use 80$ to buy bitcoin when the trend is down, hold it in his wallet and sell it when its up. do it over and over until you can buy the hardware you want to mining bitcoin.

Yeah, it might be even better to just buy hashrate from reputable cloud mining operators. It would remove the hassle of setting up and maintaining it. You'd just have to wait for it to profit. Also, you can buy only a fraction of the hashing power and not really have to spend a lot of money as your initial investments.

Interesting. I'll research how to do this, but if you have an easy link/example, please share.

Not a Good idea to buy hashrate from any cloud mining sites there is no reputable cloud mining until now the can stay alive for a long time almost all  are turn into scam. and honestly its not really profit even its legit or not. ..
If you really wanted to mine there is other way to mine you can try coinhive.com and use your pc to mine xmr converted directly to bitcoin or you can make your own website and start to looking for miners and earn commissions.. they earn..  This is much safe that i know for now base on what i searched and testing..

100% agree to you I try so many cloudmining site but all of them run for a short period of time it not recommended to buy a hashrate in any cloudmining site or else you want to loss your capital. If I were you i will try the risk of trading you can earn a passive income if you understand the basic procedure of trading a lot of bitcoiner try the luck of trading. Invest to top 20 altcoin in coinmarketcap like eos, eth, litecoin.

[arpon11]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

Investing your savings in cryptocurrency is a very good idea for now that bitcoin and others cryptocurrency are making corrections and we have been witnessed a very serious pull back in pricing, the pull back is not as a result of one negative news or attacked on bitcoin and blockchain technology's image but because traders are taking profit to celebrate Christmas and new year. I will advise anyone that has money to invest now as 2018 bitcoin is going to skyrocket in price and we might see many adoptions. You can use 30% of your saving into bitcoin and keep the remaining balance in your fiat account.

[Oasisman]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

Starting to invest in any field, knowing what you invest for is the first knowledge you must gain first before anything else. In regard with Bitcoin mining, I dont have much knowledge about this, but mining is very expensive. Specially in terms of electricity usage and hardware maintenance, you need to put up big amount of capital and you need to deal with the noise of the rig. I assume you knew about this. In my opinion, why dont you just buy Bitcoin and hold them for long time? Or if you have experience or skills in trading (like in stockmarket or forex) you can also trade altcoins here. Its a much easier and I can say lesser-risk investment.
Dont hesitate to invest your savings in Bitcoin it'll surely grow faster than depositing in to banks. Right now will be the perfect time to buy, while Bitcoin value is falling.

[carlfebz2]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

Starting to invest in any field, knowing what you invest for is the first knowledge you must gain first before anything else. In regard with Bitcoin mining, I dont have much knowledge about this, but mining is very expensive. Specially in terms of electricity usage and hardware maintenance, you need to put up big amount of capital and you need to deal with the noise of the rig. I assume you knew about this. In my opinion, why dont you just buy Bitcoin and hold them for long time? Or if you have experience or skills in trading (like in stockmarket or forex) you can also trade altcoins here. Its a much easier and I can say lesser-risk investment.
Dont hesitate to invest your savings in Bitcoin it'll surely grow faster than depositing in to banks. Right now will be the perfect time to buy, while Bitcoin value is falling.

It would really be much wiser for you to save up your money in bitcoin form because it would really interest as the days goes by which we cant really see on those banks been offering. $80 every month savings would really take more some time for you to accumulate for you to buy your own miner (antminer s9) knowing that it do cost thousands of dollars which means you would really need to wait up some months or even years if we do try to look on its actual price. You do have other options though to fasten it up like trading.

[fanten]

Don't invest in bitcoin. The transaction fee is so high that your $80 will became $40 for one complete transaction. Besides, mining is not a good investment as this require some luck and patient for the value of the coin you mine to increase in value. I suggest you invest in cloud mining like genesis or hashflare for troublesome free.

[Virtual miner]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

It would be the best idea of your life but I suggest if you have such a small portfolio why not try to invest in some altcoins in search of better returns? I mean Just a few days ago XRP reach $1.1 from $0.15 this exciting growth means that it grew nearly 8 times from its original value in just around a month and guess what it still is on roar. You can't really expect such quick returns from btc now. Its pace of growth is now much slower than other coins but it still exhibits great deal of volatility.

[xPPx]

The easiest way I've learned is to do your research an read whitepapers. Hammer great ICOs for pennies. Wash/rinse/repeat. WAY easier that gambling with Bitcoin/Wall Street/real estate. Good luck!

[Idrisu]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

You have a good plan and actually investing them in bitcoin is not all that bad. I believe if you will follow this plan you gain seriously in years to come. Bitcoin has been doing very well among others assets you can invest in and I will advise you to have an investment plan that will involve investing in other alternatives coins market.

[glowing10]

Don't invest in bitcoin. The transaction fee is so high that your $80 will became $40 for one complete transaction. Besides, mining is not a good investment as this require some luck and patient for the value of the coin you mine to increase in value. I suggest you invest in cloud mining like genesis or hashflare for troublesome free.

You can buy btc and get converted to altcoins while transferring the coins from one wallet to another or need to send to different wallet. You cannot ignore btc completely in terms of the rise because  it is still a best option when it comes to cypto currency. Also do invest in altcoins as well.

[traderethereum]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

you have a good choice to invest $80 every month but if I can give advice, you need to determine how long you want to invest and if for example, you want to invest for 5 months and then you only hold your bitcoin without selling, this will be good for you and you can use that money to buy the other things or you can buy altcoin too. I am sure that in the future, you can make a big profit because once you sell your bitcoin at a high price, I am sure you can make a lot of money. and if you have altcoin as your investment, then you can make another profit in the future so it will great for you if you can do both.

[SamsungBitcoin]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

you have a good choice to invest $80 every month but if I can give advice, you need to determine how long you want to invest and if for example, you want to invest for 5 months and then you only hold your bitcoin without selling, this will be good for you and you can use that money to buy the other things or you can buy altcoin too. I am sure that in the future, you can make a big profit because once you sell your bitcoin at a high price, I am sure you can make a lot of money. and if you have altcoin as your investment, then you can make another profit in the future so it will great for you if you can do both.

Good to invest in bitcoin and if you start $80 every month and you do it 5 consecutive months much better if you buy some altcoin because it is good to hold altcoin with that amount of capital than letting your fund sleep in bitcoin. For me it is not good to hold $400 only in bitcoin you need to divided it into multiple coin but be careful on buying altcoins because there are many shit coin in the market.

If you are wanting to have bitcoin mining you need huge capital for that if you want faster income which is need to have powerful mining rigs.

[carlfebz2]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

Its good that you had opened your eyes and make yourself involve on crypto in which had opened an opportunity for you to earn some profits and talking about into your idea it isnt really bad at all and yet even if you do plan on bitcoin mining each apparatus would really cost you out thousands of dollars which means saving up $80 per month will take you for ages.

[mostkey]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

I don't want to discourage you but investing in bitcoin mining nowadays are hard enough because of the halving. And you need to save at least a year or even more months in able to make mining profitable. But examplens gave you a good suggestion that you can still mine but not with bitcoin, try with other alt coins or you can just buy bitcoins and wait for the price increase, that's effortless and no cost in monitoring + no electricity consumption.

how to invest and do the best you can to find the point where you get the right price to sell your investment is the best for now. if we compare with mining it may be far away because we need a large enough cost to start mining. I think it would be more suitable for you to invest in bitcoin or altcoin

[icohdcoin]

Maybe you can look at altcoin section on this forum. Try to find perspective altcoin or reliable ICO crowdsale. you must first have a lot to read and only then to decide where to invest.
There are no clear investment situation, because it is so easy everyone would be rich here

Spot on! Agree. It's not easy. Also, as some have mentioned, best to diversify your portfolio.
If you're looking for a reliable option, here's one https://hdcoin.co/ . However, best to do your research first.
Cheers

[lili song]

From your saving you do investment in bitcoin, is the great ideas. I sure in the future you can invest more in bitcoin.
Bitcoin now the value step by step will increase, it's great time to do investment. Investment is the best way for our future later, if that investment grow and profitable. You can investment in other coins to like ethereum etc.

[bitcoinisbest]

Maybe you can look at altcoin section on this forum. Try to find perspective altcoin or reliable ICO crowdsale. you must first have a lot to read and only then to decide where to invest.
There are no clear investment situation, because it is so easy everyone would be rich here

Spot on! Agree. It's not easy. Also, as some have mentioned, best to diversify your portfolio.
If you're looking for a reliable option, here's one https://hdcoin.co/ . However, best to do your research first.
Cheers

As one should not keep all eggs in a same basked same you should not be buying only a single coin . You should be diversify your portfolio and buy multiple good coins considering its future demand and use . This will help you as well in building a good investment for yourself .

[traderethereum]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

it's good if you can save up $80 every month and you can use it for investing in bitcoin and don't use it for anything except just hold the bitcoin in your wallet. and if you want to try bitcoin mining, then you need more money to buy some hardware to start but it will be hard for you to start because every hardware now is too expensive. my suggestion is you need to find out what is the best for you and if you think bitcoin will work for you then you can go with bitcoin only.

[Hamphser]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

it's good if you can save up $80 every month and you can use it for investing in bitcoin and don't use it for anything except just hold the bitcoin in your wallet. and if you want to try bitcoin mining, then you need more money to buy some hardware to start but it will be hard for you to start because every hardware now is too expensive. my suggestion is you need to find out what is the best for you and if you think bitcoin will work for you then you can go with bitcoin only.

If you can only save up $80 per month then i do presume that you wont really have the capability on buying out ASIC hardwares which same as you said those are very expensive machines that can mine bitcoin but having this minimal step on saving up on bitcoin instead thru smaller amounts isnt really a bad idea at all.Accumulate as much as you can then better find another ways on maximizing potential profit by doing trading.Allocate a small percentage through it.

[Maricel2017]

Don't invest in bitcoin. The transaction fee is so high that your $80 will became $40 for one complete transaction.

Where you buy bitcoin with 50% transaction fee? that was too huge i do not think there it is.

Besides, mining is not a good investment as this require some luck and patient for the value of the coin you mine to increase in value. I suggest you invest in cloud mining like genesis or hashflare for troublesome free.

Cloud mining is not good to invest, just try to analyze how much did you get for the whole contract. Also the history of cloud mining is not good as their background most of them are turning to be scam and they only exist for only 2 - 3 years.

For me i recommend to save your extra money in bitcoin in safe wallet and if you have good enough savings then you start to build your own mining rig that is much profitable.

[goaldigger]

Saving $80 every month is a good amount of money you can start with trading. Bitcoin is a good idea also but you can try putting something on ICOs and in altcoins to allocate your resources. If you dont want to make an effort on earning like trading then buy some of these things and hold. Long term investments have less possibility to fail so its not that risky to do.

[traderethereum]

Don't invest in bitcoin. The transaction fee is so high that your $80 will became $40 for one complete transaction. Besides, mining is not a good investment as this require some luck and patient for the value of the coin you mine to increase in value. I suggest you invest in cloud mining like genesis or hashflare for troublesome free.

be careful when you want to invest in cloud mining because you need to spend much time to reach the ROI and you need to decide how much money you want to invest. for me, it is better to invest in bitcoin and altcoin because this will give us a big profit in the long-term and I see now is the best time to make invest in bitcoin and altcoin.

[vagrom]

Um, yes, it's fine. However, I personally recommend that you invest in some newly issued potential currency that may be more rewarding.

[onrise]

Um, yes, it's fine. However, I personally recommend that you invest in some newly issued potential currency that may be more rewarding.

Kindly do not invest in any of the new coin unless you are sure of the good future the coin holds it and during the PRE ICO stage the response have being excellent. Else their are so many coins today n market which may not have any value in coming time and your money would be lost if invested in such coins.

[okala]

I will advise you to spend good time to learned how trading work before we can actually said how to invest. If you know how trading stock and commodities then you can trade and invest in cryptocurrency perfectly. Investing in other coins outside bitcoin and ethereum is more profitable if you know how things work.

[ultrloa]

Um, yes, it's fine. However, I personally recommend that you invest in some newly issued potential currency that may be more rewarding.

Kindly do not invest in any of the new coin unless you are sure of the good future the coin holds it and during the PRE ICO stage the response have being excellent. Else their are so many coins today n market which may not have any value in coming time and your money would be lost if invested in such coins.

If he will go with new coins which have questionable standings well he will lose here money for that matter but if he do some research about it and select the coin which have good development+community support then he might gonna earn huge with that.

[Lanatsa]

Um, yes, it's fine. However, I personally recommend that you invest in some newly issued potential currency that may be more rewarding.

Kindly do not invest in any of the new coin unless you are sure of the good future the coin holds it and during the PRE ICO stage the response have being excellent. Else their are so many coins today n market which may not have any value in coming time and your money would be lost if invested in such coins.

If he will go with new coins which have questionable standings well he will lose here money for that matter but if he do some research about it and select the coin which have good development+community support then he might gonna earn huge with that.

This would gonna depend on your decisions or choice and as long you have already done your part on researching up things then most probable thing to happen might be positive not compared on just buying out without any basis or analysis.First time investment do really give the pressure and all of us do really experience this tense because risking out money for us to earn money too.We do really need to risk.

[cupCoins]

I would advise you to learn how to analyze ico campaigns how to choose it and try to invest in icos tokens, it's risky but most profitable now, so I would also hold tokens of reliable well-known projects. I wish you success!

[AVAMONEY]

I would advise you to learn how to analyze ico campaigns how to choose it and try to invest in icos tokens, it's risky but most profitable now, so I would also hold tokens of reliable well-known projects. I wish you success!

I think you are misunderstanding, OP mention about timing for first investment in Bitcoin not into ico's token. I argue in doing the first time investment in need deeper research first about the current market condition, do not let us entering the market when the situation is in the bear trend because it will be difficult to improve the situation.

[Ikechebelu]

Invest in bitcoin mining and other altcoins and it's always good to diversify

[fortuity]

$80 is pretty decent amount to start with. But make sure you seek necessary beginners guide on investing into cryptocurrencies. You can start safely that way.

[GeorgianCryptoTrader]

I would recommend you to look to altcoins token section.
For example, take into account this ICO:https://bitcointalk.org/index.php?topic=3375899.0

[Luckystarpool]

Invest in cryptocurrency investment funds.
Cryptocurrency investment funds serve as an all-inclusive platform for investors to capitalize their money all together so as to reap the innate benefits of a team effort.

Some popular crypto investment funds include:

Pantera Capital
BK Capital Management
Grayscale’s Bitcoin Investment Trust

Usually they require high sum minimum investing and accept only accredited investors but i created a pool investing group for PANTERA CAPITAL FUNDS where members can easily access those funds and enable  to take advantage of opportunities available only to large investors and can start with lower money.

My advice is difersifying as more as you can.

If you are interested check this link:

https://bitcointalk.org/index.php?topic=3393956.0

Hope you help

[traderethereum]

Invest in bitcoin mining and other altcoins and it's always good to diversify

but it's not recommended if you invest in the cloud mining because it's too risky and we don't know how long that cloud mining will be online. but if you can buy the hardware to mining in your home, then it will better because at least you can avoid getting scam from the cloud mining. buying altcoin is another good investment too but only if you can find profitable coins and not getting panic after you bought and if you see the price is down, stay calm and don't forget to search another investment that might give you another profit.

[Altcoins enthusiast]

Mining bitcoin now is very expensive and you may needs to put your saving into buying and holding some new coins and tokens. Bitcoin mining will give a good return if you have large capital to buy the right mining tools and join the right mining pools. But you can start to mining some new coins with just little capital.

[veleten]

invest into bitcoin casino bankroll instead
unlike different and numerous ponzis aka investment funds or ICO's
this is a relatively safe and profitable way of increasing your coins
there are many sites that offer investments into their bankroll: cryptogames-net,bitvest.io,bitdice.me,betking.io,yolodice.io and so on
just pick the one that you think is mor eprofitable and watch your money grow
p.s. do not expect 100% of profit,it would be rather 3-5% but you do not risk as much

[hongtham]

When I first invested in bitcoin, my sense of well-being, anxiety and fear... inside i feel hope
Until now I am very satisfied with the investment that I choose ...

[bitcoinisbest]

When I first invested in bitcoin, my sense of well-being, anxiety and fear... inside i feel hope
Until now I am very satisfied with the investment that I choose ...

People feel best and think they really did the best investment of their life by investing in the btc or any other great coin as if you hold it for some months and see later your investment could turn multiple times and provide the great returns compared to any other if you had invested in the financial markets.

[Hamphser]

When I first invested in bitcoin, my sense of well-being, anxiety and fear... inside i feel hope
Until now I am very satisfied with the investment that I choose ...

People feel best and think they really did the best investment of their life by investing in the btc or any other great coin as if you hold it for some months and see later your investment could turn multiple times and provide the great returns compared to any other if you had invested in the financial markets.

Possible but that wont be that just easy where you do just put your investment and leave it for some time then you will find how many folds of your initial investment. Its possible but always be ready on the certain risk ahead because we all know that market wont really just heading upwards where there would always be some time that it will dip down on when you find out such situation you might end up on not controlling yourself into panic selling. First investment do really felt excitement at the same time we do really have high positivity on what we had invested.

[Lisam023]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

While we're at it, can you recommend me any exchange markets worth looking at? I'm thinking about investing some money there, since I don't think I can afford mining. I stopped believing mining is profitable for someone who doesn`t have high powered machinery. Currently, random investor will just loose his time and energy for mining. I`m more and more disappointed with exchange I used to use. I look for new alternative platforms with low fees and high secure standards. Something like https://coindeal.com/

[Ponti]

I would consider 4 critical factors that you should study.
1.Diversification of your portfolio. Never invest in one coin/security etc. If lets say you have 10k -spread it in ten parts. Use 1k for each investment, but first study them very carefully, read reviews of analytics etc
2.Amount of your available resources. Dont use the last money of your savings. Use only the money that you are ready to loose.
3.Timing.Its is critical to understand WHEN to invest. That you need to understand firstly. But simple advice would be not to invest on unreasonably high market.
4.The ease of investing. From my experience its quite easy to buy most cryptocoins/cryptotokens. However keep in mind crypto market is the most volatile. It would be much harder to buy stocks as you need to follow certain procedures to be able to trade stocks.

[kripkiki12]

Bitcoin is a good way to keep money in, but when the market recovers and prices go higher I would consider looking at altcoins as well

[onrise]

Bitcoin is a good way to keep money in, but when the market recovers and prices go higher I would consider looking at altcoins as well

Rather than looking when the price rise you should be buying now altcoins as markets have fallen as you can get same coins at very good rates now rather than once the market rise buying those coin costly. So you need to be smart investors and decide when you should be buying and selling.

[SimplyRouge2]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

If your savings are $80 per month, my advice is consider investing some (if not all) of it in a riskier investment such as an ICO.  Do your research and pick at least one to put some money into.  You have the opportunity to do well in the ICO and can get a solid 'chunk' of coin to do some more serious investments if even one of the ICOs does well.

[Simple Plan(ned)]

I will advise you to spend good time to learned how trading work before we can actually said how to invest. If you know how trading stock and commodities then you can trade and invest in cryptocurrency perfectly. Investing in other coins outside bitcoin and ethereum is more profitable if you know how things work.

Do you have some link of them?

[carlfebz2]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

If your savings are $80 per month, my advice is consider investing some (if not all) of it in a riskier investment such as an ICO.  Do your research and pick at least one to put some money into.  You have the opportunity to do well in the ICO and can get a solid 'chunk' of coin to do some more serious investments if even one of the ICOs does well.

I cant really deny that ICO investment can really give you out the chance to make some solid chunks but choosing up the opportunity wont really be that easy since this would be most likely
similar on gambling  coz no matter how you research there wont really be no assurance on what you have chosen.

Do you have some link of them?

You can search up projects on this board https://bitcointalk.org/index.php?board=159.0

[jakezyrus]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

If your savings are $80 per month, my advice is consider investing some (if not all) of it in a riskier investment such as an ICO.  Do your research and pick at least one to put some money into.  You have the opportunity to do well in the ICO and can get a solid 'chunk' of coin to do some more serious investments if even one of the ICOs does well.

I cant really deny that ICO investment can really give you out the chance to make some solid chunks but choosing up the opportunity wont really be that easy since this would be most likely
similar on gambling  coz no matter how you research there wont really be no assurance on what you have chosen.

Do you have some link of them?

You can search up projects on this board https://bitcointalk.org/index.php?board=159.0

i wouldnt suggest ico's at all due to the reason that most of them are purely frauds . they will only collect the money from the public and will run away pretty easy .

@op not bad for a first timer . congrats because you manage to earn on mining , i  really thought mining is only a waste of time but you prove us wrong .  anyway , if you feel that mining can give you a good stable income , then you can just continue doing it . dont ever risk your profit from unsure investments like ico's or even on cryptos .

[carlfebz2]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

If your savings are $80 per month, my advice is consider investing some (if not all) of it in a riskier investment such as an ICO.  Do your research and pick at least one to put some money into.  You have the opportunity to do well in the ICO and can get a solid 'chunk' of coin to do some more serious investments if even one of the ICOs does well.

I cant really deny that ICO investment can really give you out the chance to make some solid chunks but choosing up the opportunity wont really be that easy since this would be most likely
similar on gambling  coz no matter how you research there wont really be no assurance on what you have chosen.

Do you have some link of them?

You can search up projects on this board https://bitcointalk.org/index.php?board=159.0

i wouldnt suggest ico's at all due to the reason that most of them are purely frauds . they will only collect the money from the public and will run away pretty easy .

@op not bad for a first timer . congrats because you manage to earn on mining , i  really thought mining is only a waste of time but you prove us wrong .  anyway , if you feel that mining can give you a good stable income , then you can just continue doing it . dont ever risk your profit from unsure investments like ico's or even on cryptos .

If that $80 is just a save up for a small partition of profits on monthly basis then we can say it is indeed profitable but if you do talk about earning $80 on OP's side deducted on the expenses then i would say hes just wasting his own time.

Im not literally advising to invest on ICO since we know the chance of profitability or success but still anyone can took up the risk if they liked to.Lets say we arent sure on such decision and we dont have much idea on what to do then its better to save up those coins instead of risking it out on things which you arent even sure on what to do.

[Ayomiqueen]

What a great idea and am sure by now you should realize how much or how lucrative Bitcoin is for every month constant invest in it, I think is better idea and I which you could continue till when btc worth enough of your dream.

[Alex_Zi]

First time investment in crypto... So romantic time!))) It's a good time to begin, to join good projects with low price! I remember my first investment - it was aeternity project. And I still looking forward for them)))

[binhkieu]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

Yes. It's not too bad. But the later it is harder to exploit. It also depends on Bitcoin prices.
 

[Ridwan Fauzi]

i wouldnt suggest ico's at all due to the reason that most of them are purely frauds . they will only collect the money from the public and will run away pretty easy .

@op not bad for a first timer . congrats because you manage to earn on mining , i  really thought mining is only a waste of time but you prove us wrong .  anyway , if you feel that mining can give you a good stable income , then you can just continue doing it . dont ever risk your profit from unsure investments like ico's or even on cryptos .

I guess for everyone who saves money in cryptocurrency in 2018 will meet the same thing, be it invest in ICO or in the coin/token that has been listed on the exchange. Take a look at the ICO project in 2017, very promising and only a little of the project is a scam. However, this year with a continuously to decline in prices caused by a number of things from the government or a company, it has an impact on a project, not a few of them who failed to reach the target then ended up in a scam. I just think if the cryptocurrency market is still the same in 2017, the ICO scam will not be there.

[onrise]

First time investment in crypto... So romantic time!))) It's a good time to begin, to join good projects with low price! I remember my first investment - it was aeternity project. And I still looking forward for them)))

It is a good time considering the market is quite stable and being low as well. So you can buy more coins at lower rates rather than spending the high value once the market keeps on rising and then buying it. So wishing people luck for the their best investment and looking for the crypto price to start rising and be used in daily needs as well.

[timoshani]

The market really now assumes certain stability. The price of crypto not strongly fluctuates. It is possible to look narrowly not only at bitcoin. I think - it is quite a good time for investments.

[omonuyak]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

I hope you were able to take the decision and buy bitcoin at that very time because I could remember that bitcoin was below $1000 in February 2017. If you buy then I large quantities and sell now you should be in big profits if you sell in December 2017 or even now.

[LUCKMCFLY]

I have a fairly clear concept about Investor and Speculator, in your case you talk about Investment, for many both in cryptocurrencies and in the stock market, investments tend to give their results in the long term, the knowledge of fundamental analysis is used a lot and to try establish an Intrinsic value on the currency or stock, in the current case, if it is advisable to invest at this moment in Bitcoin, since I have read a lot about important speculators like Wyckoff, Livermore, which, following their teaching, leading to the plan of the cryptocurrencies, we are in the accumulation phase, which implies that we can stay a long time in this phase, if you buy now, and wait when the bitcoin price starts to rise, what is going to happen, when? I do not know, but it will happen, when it is in new price peaks, at that moment you must sell, take your profit, and win when it is in a bearish trend, now if you want to speculate, just trade the phase for now of accumulation, the market will give you clear tickets and so little by little you can make yourself profitable.

[palle11]

I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?

I hope you were able to take the decision and buy bitcoin at that very time because I could remember that bitcoin was below $1000 in February 2017. If you buy then I large quantities and sell now you should be in big profits if you sell in December 2017 or even now.

I thought Op talked about making $80 per month and if he does not have the zeal and determination to invest in bitcoin, he would have given up because, it was not as if he had $1000 at hand then. He would have needed to save up to 10 to 12 months to acquire a bitcoin going by his earnings then.