LOOKING TO INVEST MY LIFE SAVINGS NEED ADVICE

[Casdinyard]

Hello,

I will advise you to never invest something you are not ready to loose.

Try with some smaller budget, learn from mistakes and then invest something more.

Investing life saving sounds pretty risky and dramatic to me

So true because some beginners want a sure and big profit so they tend to invest big without thinking that they might also loss big. Starting with small then just add little by little until you fully manage what you're doing. Using your life saving isn't a wise move and just use your extra money for investing.

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[ladydark]

Hello Everyone,

I need your help! I have been doing research on what hardware to buy to mine Ether and Bitcoin. I'm investing my life savings so this is really serious for me so if you can help it would mean alot. I have alot of space for equipment so that wont be a problem. I need help figuring out what equipment to buy for ether and bitcoin minning, and how much it will cost me? Any advice will be much appreciated.


Thank you

I would say that it would be better for you to buy bitcoins with half of your investment and remaining amount in mining.First ensure that cheap electricity is available in your area for more profits.Ethereum could be mined with even GPU systems.You should buy ASIC miners for mining bitcoins as its not as easy as before now.China is the leading manufacturer of ASIC miners at low price.Bitmain is the leading manufacturer there.By this way,you cold enjoy income from both holding and mining bitcoins.

[youngagethinker]

Friendly advise.
Never go full retard.
which means- never invest everything you have.

Eth mining currently has a long ROI. bitcoin mining- S9 costs around 1500 usd from the manufacturer. also dont forget to factor in your power costs..

No mining is pretty technical for him right now. Later he will learn that. Youve better buy the top cryptocurrencies and hold it for a long term. I can assure you that it is a pretty good investment.

Never forget to invest also in real world properties because mostly real states are the physical things that you can use in everyday life.

Business is a pretty good choice and learn how to trade and Mine if you have poaitive cash flows. There are so many investments nowadays. If I have a life saving I will go full all in at BTC at the moment.

[Carmen01]

Invest here in bitcoin is good but why life savings?,i think don't invest like that because life is important than anything in the world so you need to risk here in crypto but not risk your life.Try to invest only just a little like 0.005 btc because when i start here i only invest like this and i already earn in that even it just a little,It's only $25 so life is not needed here in crypto to earn money and for secure and assurance of your life,i think also try some faucets here first then invest your earnings there for not taking risk here to earn or try also to invest in gambling site or try to read a lot of airdrop and join in that for free coin

[maimainguyen05]

I think you shouldn't invest all your life saving in mining cause at the moment it's really hard to earn good profit everyday by mining cause the mining difficulty of both ETH and BTC are really high at the moment and they'll keep increasing day by day so invest in mining is not a good idea. Maybe you should take a look at invest in BTC or ETH only, spend a little of your life saving money to buy some ETH or BTC and you just need to hold it for years or few months if you want

[kenzie95]

I'm not sure why everyone is saying don't mine, cause even if everything goes wrong u can still sell your cards and get back 60%~ of money. I would strongly advice you to invest into mining, you dont have to mine ETH or BTC, you can mine ZEC aswell, or like 1 week ago electroneum was super good to mine. There is always going to be something to mine and once u get ur ROI, after that its all profit. Personally I like mining more cause it's safer, again its my personal preference. Good luck !

[MrPhil]

For me on my own i think much better to invest you a bitcoin because it could be triple you get..and have more income to come than to save your money in bank ..

[n691309]

Invest in crypto,

[tomalours]

I would say you should never invest all your saving in something that could be perceived as gambling (in the sense you never know what could happen in the future with cryptocurrencies)...

[Partizanai]

I would say you should never invest all your saving in something that could be perceived as gambling (in the sense you never know what could happen in the future with cryptocurrencies)...

I totally agree, do not ever invest more than you can lose, or you will end up in poor house, these kind of people who invest with no caution end up in poor house

[ParallelSquid]

I think it is not safe thing to do if you will go all in. Try to invest the half of your savings and not all. Let your investment grow with only half of your life saving.

[posi]

To me investing all your life saving into crypto currency is greedy act and it not good to have all your eggs in a basket. Meanwhile, the best bitcoin mining hardware are AntMiner S9, HashFast Sierra Evo 3,  KnC Neptune and TerraHash DX Large (full). While, the most powerful/best Ethereum mining hardware is Radeon R9 295X2.

[Saftention]

Hello Everyone,

I need your help! I have been doing research on what hardware to buy to mine Ether and Bitcoin. I'm investing my life savings so this is really serious for me so if you can help it would mean alot. I have alot of space for equipment so that wont be a problem. I need help figuring out what equipment to buy for ether and bitcoin minning, and how much it will cost me? Any advice will be much appreciated.


Thank you

mining need prefers knowledge and more than 5,000$ to start investment also need to have extra money for bills.

it is risky for both only invest 30% of total in ether

[TheCoinFinder]

I would suggest , dont go for mining  . by the time you reach breakeven point . The mining difficulty goes up leaves you very little profit for the effort .


The best idea is to buy ETH or BTC and hold it for an year

[ParallelSquid]

I would suggest , dont go for mining  . by the time you reach breakeven point . The mining difficulty goes up leaves you very little profit for the effort .


The best idea is to buy ETH or BTC and hold it for an year

Mining is still profitable, but don't choose to mine BTC or any coins that has very high difficulty. For now, I think a good idea is to buy coins and hold it for a while until it had grown enough.

[bncbnc]

I would suggest , dont go for mining  . by the time you reach breakeven point . The mining difficulty goes up leaves you very little profit for the effort .


The best idea is to buy ETH or BTC and hold it for an year

Mining is still profitable, but don't choose to mine BTC or any coins that has very high difficulty. For now, I think a good idea is to buy coins and hold it for a while until it had grown enough.

You are investing in trading or in holding bitcoin? If you want to trade then you should learn all the necessary things about trading and if you want to buy some bitcoin then nothing to understand. Just buy bitcoins, hold them for some time and when the price grow more and more you will earn  a lot of money. This is the whole story. But remember one thing that you should dare to invest your life savings may you lose your money.

[darklus123]

I would suggest , dont go for mining  . by the time you reach breakeven point . The mining difficulty goes up leaves you very little profit for the effort .


The best idea is to buy ETH or BTC and hold it for an year

Mining is still profitable, but don't choose to mine BTC or any coins that has very high difficulty. For now, I think a good idea is to buy coins and hold it for a while until it had grown enough.

You are investing in trading or in holding bitcoin? If you want to trade then you should learn all the necessary things about trading and if you want to buy some bitcoin then nothing to understand. Just buy bitcoins, hold them for some time and when the price grow more and more you will earn  a lot of money. This is the whole story. But remember one thing that you should dare to invest your life savings may you lose your money.

I dont suggest risking your savings into crypto currency even if there are people who find it very successful. Holding bitcoin right now for me is really not recommended because the price is too high  for stability. If this price drops and bitcoin price become more stable then you will surely loss a lot from your investment

[iv4n]

I would suggest , dont go for mining  . by the time you reach breakeven point . The mining difficulty goes up leaves you very little profit for the effort .


The best idea is to buy ETH or BTC and hold it for an year

Mining is still profitable, but don't choose to mine BTC or any coins that has very high difficulty. For now, I think a good idea is to buy coins and hold it for a while until it had grown enough.

You are investing in trading or in holding bitcoin? If you want to trade then you should learn all the necessary things about trading and if you want to buy some bitcoin then nothing to understand. Just buy bitcoins, hold them for some time and when the price grow more and more you will earn  a lot of money. This is the whole story. But remember one thing that you should dare to invest your life savings may you lose your money.

I dont suggest risking your savings into crypto currency even if there are people who find it very successful. Holding bitcoin right now for me is really not recommended because the price is too high  for stability. If this price drops and bitcoin price become more stable then you will surely loss a lot from your investment

Why not to risk? Who ever started to mine long time ago earned a lot by now, and when btc mining is difficult skip to eth, after that you go to next mining alt. You can make a lot of money and you need to upgrade your equipment with money youbearn, not just to spend it on fun.
I'm for risking, and investing in mining equipment is great choice, just be careful to have enough for good machine, that can be used later for mining some other coin, or more upgraded for more. Its better to start to mining if you have money for that, then to risk money on trading.

[tirthraj]

Friends Big investment and Big Risk With Big Profit.
Small investment and Less Risk With Less Profit.
Now Decision is yours..
But always have some backup because nobody knows about future .
so always to be safe side.

[CodyAlfaridzi]

Hello Everyone,

I need your help! I have been doing research on what hardware to buy to mine Ether and Bitcoin. I'm investing my life savings so this is really serious for me so if you can help it would mean alot. I have alot of space for equipment so that wont be a problem. I need help figuring out what equipment to buy for ether and bitcoin minning, and how much it will cost me? Any advice will be much appreciated.


Thank you

If you want to invest in Bitcoin or Ethereum, why don't you just buy Bitcoin directly instead of buying a mining equipment? That would be a lot easier and hassle-free. But then again, it might not be a good idea to invest your life savings into something extremely volatile and speculative like cryptocurrency. Don't touch your life savings for something speculative. Instead, earn some money, save it and invest them in crypto.