First time investment

[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.

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[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.