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mskryxz (OP)
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April 24, 2013, 04:02:40 PM |
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I bought in at $66 per Bitcoin.
I do not plan to sell and want to continue holding it and believe it will go at least over $400 by the end of the year but thats a different topic for now.
I have 5 computers running now mining a little over 3000 hashes per second for litecoins generating $700+ a month after electricity based on today's price of litecoin.
I still have up to $5,000 more to invest out of savings. My question is, do you guys think it is a good idea to invest more at current prices? I already invested a decent amount at $66 per bitcoin. But is it worth investing another $5,000 at $166 per bitcoin as of right now?
I don't know whether to just leave what I have invested already or to buy more mining rigs or to buy more coins? Or just see what happens with the investments I already have since im almost 300% up.
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RationalSpeculator
Sr. Member
 Offline
Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
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April 24, 2013, 04:05:42 PM |
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Personally I would not invest more into bitcoins right now. Mining I have not studied. I am locking in profits as we go up, and buying more coins as we go down.
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Gatekeeper
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April 24, 2013, 04:11:43 PM |
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if you have to post on a forum asking this question then clearly no you should not invest any more.
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(1470) <KLYE> But I was far too drunk to fuck a midget
(1470) <KLYE> I will fuck a chicken for 250 btc
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Thursday
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April 24, 2013, 04:14:04 PM |
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Invest life savings
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1AXBRFK5a8dP7z8T3gb3hvUjm2F6KYFmgS
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mskryxz (OP)
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April 24, 2013, 04:18:34 PM |
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if you have to post on a forum asking this question then clearly no you should not invest any more.
True. If i have to ask and even post it, I'm not ready then. Good point. |
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Zaih
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April 24, 2013, 04:48:03 PM |
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At this price... I'd be EXTREMELY careful if I was you. Just make sure you're willing to lose.
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Bro
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April 24, 2013, 04:50:48 PM |
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yes please
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nebulus
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April 24, 2013, 04:51:27 PM |
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Invest what you can afford to lose...
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Hiroaki
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April 25, 2013, 05:57:27 PM |
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You should read more about Bitcoin... Nobody can tell you, where the price next year will be...finally you must make your own decision and be prepared to lose everything...  |
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Gordonium
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April 25, 2013, 06:01:59 PM |
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Yes. I think that Bitcoin is the best investment in the histoy of finance. Always invest more if you can.
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nkspace
Newbie
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Activity: 14
Merit: 0
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April 25, 2013, 06:23:50 PM |
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dont listen to gordonium if you dont want to be broke
a good investment is buying into apple, google, Facebook, when its early
NOT
something like bitcoin, which is plagued with risks, government, digital infra structure, etc
its a good investment if you got in early, however to be called the best investment in history is a BIG overstatement
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Gordonium
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April 25, 2013, 06:38:16 PM |
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a good investment is buying into apple, google, Facebook, when its early
What if Bitcoin is the next Apple, Google or Facebook? Or something ever bigger? Never considered that? |
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nkspace
Newbie
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Activity: 14
Merit: 0
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April 25, 2013, 06:48:17 PM |
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not bitcoin, too many flaws, maybe another crypto
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dmiceman
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April 25, 2013, 06:49:43 PM |
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What if Bitcoin is the next Apple, Google or Facebook? Or something ever bigger? Never considered that?
No, sir! It is much better. It is beautiful like tulip! |
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awakening
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April 25, 2013, 06:50:15 PM |
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What if Bitcoin is the next Apple, Google or Facebook? Or something ever bigger? Never considered that?
No, sir! It is much better. It is beautiful like tulip! lol |
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YoYa
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April 25, 2013, 07:16:36 PM |
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a good investment is buying into apple, google, Facebook, when its early Wow, that's as good advice as buy low sell high  |
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Elwar
Legendary
Offline
Activity: 3598
Merit: 2384
Viva Ut Vivas
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April 25, 2013, 10:11:35 PM |
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Instead of investing, convert dollars to bitcoins.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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Zooey
Sr. Member
Offline
Activity: 241
Merit: 250
Time you enjoy wasting is not wasted time.
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April 25, 2013, 11:18:03 PM |
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Have you considered investing in a pre-order of the next generation Bitcoin mining hardware; The Bitforce line of ASIC Super Computer (SC) bitcoin miners from Butterfly Labs? All sales are final.
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nkspace
Newbie
Offline
Activity: 14
Merit: 0
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April 25, 2013, 11:23:18 PM |
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butterfly labs SCAM
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zeroday
Donator
Hero Member
Offline
Activity: 784
Merit: 1000
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April 25, 2013, 11:30:24 PM |
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If you fully understand what is bitcoin and how it works and you trust in its concept, you should buy.
If you are not sure, don't buy it.
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