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Author Topic: LOOKING TO INVEST MY LIFE SAVINGS NEED ADVICE  (Read 5971 times)
tirthraj
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January 15, 2018, 11:45:53 AM
 #121

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

It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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portotoi
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January 15, 2018, 01:00:07 PM
 #122

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
Smiley

I am also interested in mining before but somewhat I changed my mind. if you really want to invest, you can try into trading and also in investing in the ICO. 

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January 15, 2018, 01:57:08 PM
 #123

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
Smiley

I am also interested in mining before but somewhat I changed my mind. if you really want to invest, you can try into trading and also in investing in the ICO. 

To my mind mining is not good for individual investment anymore, giant pools and farms make sense but not individual. Blockchain infrastructure investment looks much more valuable to invest in through ICO's or public trade purchasing of their tokens and 1-3 years hold.
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January 15, 2018, 03:29:27 PM
 #124

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
Smiley

are you serious? investing all-in is not a good idea. There is too much risl involve in crypto currencies. Think many times before making a decision. Just only invest what you can afford to lose, just a piece of advice.

reda
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April 01, 2018, 12:11:33 PM
 #125

Mining is not easy to start. First you know the mining process. Then start. If need to start mining check the cart ram. Ram is important for the mining run. Check the bored to connect the mining cared and it need to more power to work. Then connect the network. It need to cooling place. Check the ruing process. But software is important to start the mining. pooling mining ,bitcoin mining ect.. So check the best software then link with the mining rig. Then start.   
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April 01, 2018, 12:17:51 PM
 #126

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
Smiley

are you serious? investing all-in is not a good idea. There is too much risl involve in crypto currencies. Think many times before making a decision. Just only invest what you can afford to lose, just a piece of advice.

Absolutely, I am also amazed about his decision, because he is taking a risk with his whole life saving and don't know about too much bitcoin or Eth mining, and now bitcoin is continuously going to down, Actually the reason behind of bitcoin downing is Cartel. Within few days, we will see bitcoin more down and i am not sure again bitcoin will achieve its old place of $20000. Although i am still holding my bitcoins for a hope and i also know that the time will come but wait for a time.

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April 01, 2018, 12:39:00 PM
 #127

Investing is a very risky thing, so choosing the right project is necessary.
Just remeber, if you want to invest, dont put your eggs in the same basket. Try to be wise, learn from your mistakes and try to be patient all the time.
Be optimistic, always think positive and take every chances you got.

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April 02, 2018, 08:57:02 AM
 #128

Most of us, it seems, want to know. We want to know where we’ll live, what our next career will look like, and how it will all go up and down. Well in crypto community, we never know what happen next minutes, hours or days. That's why we create a thread to exchange different comment by experience and many more. Don't put all you savings in crypto currency if you are not capable in losing some, the risky part is always there specially if you invest in a wrong token or wrong time. The uncertainty is usual problem in investment, but sometimes, you need to take some risk to be successful someday. As a trader, this is the best time since the bitcoin and altcoins has a low value.
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April 02, 2018, 10:17:34 AM
 #129

Hi all,

What do think about Welltrado (welltrado.io)? Roll Eyes
I saw Celcius network already raised 30M usd, do you think Welltrado could raise more?
I would like to invest in this ICO, but I'd like to hear your opinion.

Cheers Wink
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April 02, 2018, 10:04:52 PM
 #130

Mining like every other business comes with undeniable risks. I'm wondering if your research was wholistic at all if you were unable to at least know the cost/benefit analysis. If you have been successful in this earlier with modest investment I would have advised you to reinvest part of your lifetime earnings and do it full time for a couple of years. However, with your admittedly lackluster approach to research, it'd be safer to invest part of your earnings and another part in further research. Honestly, you have to get the rudimentary knowledge and not wishful thinking.
Therefore, with an adequate preparation and a decent budget, you could start your mining business while having fingers in other endeavors as a soft landing when the chips are down. Good luck.
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April 02, 2018, 10:13:26 PM
 #131

Life savings should never be spent all into crypto (in mining, trading, holding, etc), only risk what you can afford to lose, COMPLETELY.

...and yeah, just buying bitcoin and holding it can provide better return than mining IMO. But again, buy it with the money you can afford to lose.
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April 07, 2018, 02:18:06 PM
 #132

According to analysis tokens of exchanges give good gains. For example there is lccx.io - looks like promising exchange based in London.  Well developed white paper, experienced team, located in politically stable jurisdiction.
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April 11, 2018, 09:57:08 AM
 #133

invest in yourself, do not trust your investment with others, and invest in trading such as bittrex, binance, kucoin and others, first research if you have less trading experience pay per move of trading coins.

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April 12, 2018, 03:53:48 PM
 #134

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
Smiley
Dude did you later invest as you said? Cause the way I’m seeing things now, if you did invested as of the time you posted this, you might have lost some money by now. But there is no problem, you’re still safe as the price will still go back up. But if you haven’t, then there is nothing like to worry about at all. I also believe that this time is the right time to invest, cause the price seems to be at its lowest right now. If you still feel like investing, won’t be a bad idea to do it right now.
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April 12, 2018, 03:55:02 PM
 #135

I strongly advise not to go "all in"

if you can comfortably afforded one miner for one coin, and have some left over as long as you have cheep power and reliable internet, then maybe consider it.

other than that I could not offer better advice than buy some btc and sit on it! no running costs and if you can sit out the roller coaster of a price ride, it will eventually pay off.


I am sure he was not referring to falling back; it is either he rushed to type or getting himself confused with his use of numbers and English. However, since he mentioned moon in his statement, I can as well just relate he wanted to write $19000. This is a possibility, but when is what no one can say obviously. It is a market, it would grow more than this, and based on the level of adoption, it would be huge, but let's wait for that moment first.
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April 23, 2018, 03:58:05 PM
 #136

Hope you didn't invest in BTC your life savings on December - 1 month after you wrote this. I remember in december everyone was telling BTC will not dump again o it's going to $50k. News was telling people selling house and putting BTC  to be rich.

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April 23, 2018, 09:03:55 PM
 #137

Hope you didn't invest in BTC your life savings on December - 1 month after you wrote this. I remember in december everyone was telling BTC will not dump again o it's going to $50k. News was telling people selling house and putting BTC  to be rich.

IF bought the bitcoin in the time of December also he will be able to get the profit in next year for sure. Since the bitcoin price potential is not reached upto the expected value still we do not able to find the any other coins comparing on bitcoin's price.

If you want to make the life better with the bitcoin, even today is also the right time to invest your fund on bitcoins as much you can.
I expect this price will take us to touch the next time peak value in the market.
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April 23, 2018, 10:26:37 PM
 #138

If you have a desire to invest then it will be better not to delay,Because the time that Bitcoin is now in place can not be there anymore, Now is the time to invest in this, I am a technical analyst, There is no doubt that such a place will be available in the next 5 years, Bitcoin is now very low...And if I said about mining, it's a lot of trouble, If it is good for you then you can...

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April 25, 2018, 03:31:17 AM
 #139

Hope you didn't invest in BTC your life savings on December - 1 month after you wrote this. I remember in december everyone was telling BTC will not dump again o it's going to $50k. News was telling people selling house and putting BTC  to be rich.

IF bought the bitcoin in the time of December also he will be able to get the profit in next year for sure. Since the bitcoin price potential is not reached upto the expected value still we do not able to find the any other coins comparing on bitcoin's price.

If you want to make the life better with the bitcoin, even today is also the right time to invest your fund on bitcoins as much you can.
I expect this price will take us to touch the next time peak value in the market.
What are you talking about? buying at December of the previous year was one of the worse decisions that any person could take, do you remember those that bought on the previous bubble when the price reached 1200? Do you remember how much time they needed to wait? Because I think that those that bought in December will probably need to wait for years in order to recover the money
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April 25, 2018, 04:40:11 AM
 #140

My advice is to dont invest money you can't afford to lose especially your whole life savings. There are lots of ways to earn bitcoin without having to risk everything you have. And buying mining rigs isn't probably a good idea cause is costly and you can only earn little from it.

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