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Author Topic: First time investment  (Read 4839 times)
MarioLuck990
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September 18, 2017, 04:48:27 PM
 #41

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

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September 23, 2017, 02:14:16 AM
 #42

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 .

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September 26, 2017, 02:34:15 AM
 #43

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  Smiley

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October 10, 2017, 06:27:08 PM
 #44

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.
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October 10, 2017, 06:32:54 PM
 #45

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..

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noobinvestor
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October 10, 2017, 06:59:06 PM
 #46

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.
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October 28, 2017, 12:28:54 PM
 #47

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.

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The Cryptologist
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October 30, 2017, 01:38:46 AM
 #48

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.

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November 03, 2017, 08:06:09 AM
 #49

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.

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November 03, 2017, 06:15:34 PM
 #50

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.
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November 19, 2017, 07:00:27 AM
 #51

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.

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November 19, 2017, 08:40:56 AM
 #52

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.

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