LOOKING TO INVEST MY LIFE SAVINGS NEED ADVICE

[Luckystarpool]

Invest in cryptocurrency investment funds.
Cryptocurrency investment funds serve as an all-inclusive platform for investors to capitalize their money all together so as to reap the innate benefits of a team effort.

Some popular crypto investment funds include:

Pantera Capital
BK Capital Management
Grayscale’s Bitcoin Investment Trust

Usually they require high sum minimum investing and accept only accredited investors but i created a pool investing group for PANTERA CAPITAL FUNDS where members can easily access those funds and enable  to take advantage of opportunities available only to large investors and can start with lower money.

My advice is difersifying as more as you can.

If you are interested check this link:

https://bitcointalk.org/index.php?topic=3393956.0

Hope you help

[cr_liev]

As my friend's experience shows, it's more profitable to buy bitcoin rather to mine it. There are better ideas for investment, even outside the cryptoworld (which is now highly unstable and risky).

[ValerieBTC]

As my friend's experience shows, it's more profitable to buy bitcoin rather to mine it. There are better ideas for investment, even outside the cryptoworld (which is now highly unstable and risky).

Mining is something different and more complicated than just buying bitcoin. Mining needs place, electricity and more investment and also experience while buying needs just money and nothing more. The price is growing again and it is better to buy some bitcoin instead of mining and trading, because holding needs no experience. Just buy and hold for some time.

[Ben K.]

I share the same view as many of the other respondents. Although many of us believe in the future of this tech, it's anyone's guess which of these assets will perform and how well. If you have an appetite for risk, I'd maybe go as high as 20% of your net worth. But to invest everything is a mistake, no matter what. It is only wise to create diversity with your investments and hedge your bets. There are plenty of cryptos as well with a lot of room to grow, so my suggestion would be to find a few smaller projects that excite you and throw a small amount into those projects. If you are dead set on BTC and ETH, I'd do 60/40 or 70/30 in favor of BTC. Bitcoin for two reasons: 1) it is tried and true, battle tested and continues to gain traction/adoption and 2) ETH is technically a security, though there are many petitioning to erase that from the history books. Additionally, it has a lot of competition now with XLM, EOS, ADA etc.

Hope that helps and may the crypto g-ds be forever in your favor.

[passwordnow]

If OP decided to invest and start his own mining operation by November 2017 where he is right now. The profit is totally high if he managed to start that early.

As my friend's experience shows, it's more profitable to buy bitcoin rather to mine it. There are better ideas for investment, even outside the cryptoworld (which is now highly unstable and risky).

Yeah this will be my choice either, considering the electricity bill in my country is quite expensive. I would choose to buy and hold.

[MidKnight]

As my friend's experience shows, it's more profitable to buy bitcoin rather to mine it. There are better ideas for investment, even outside the cryptoworld (which is now highly unstable and risky).

Mining is something different and more complicated than just buying bitcoin. Mining needs place, electricity and more investment and also experience while buying needs just money and nothing more. The price is growing again and it is better to buy some bitcoin instead of mining and trading, because holding needs no experience. Just buy and hold for some time.

It's really smart to just buy and hold bitcoin. Mining isn't applicable to a single person, it should be a group of people. You need to have the knowledge when you operate those things and with just one technical error then all of it will stop.

[Btcschool]

Invest in cryptocurrency investment funds.
Cryptocurrency investment funds serve as an all-inclusive platform for investors to capitalize their money all together so as to reap the innate benefits of a team effort.

Some popular crypto investment funds include:

Pantera Capital
BK Capital Management
Grayscale’s Bitcoin Investment Trust

Usually they require high sum minimum investing and accept only accredited investors but i created a pool investing group for PANTERA CAPITAL FUNDS where members can easily access those funds and enable  to take advantage of opportunities available only to large investors and can start with lower money.

My advice is difersifying as more as you can.

If you are interested check this link:

https://bitcointalk.org/index.php?topic=3393956.0

Hope you help

This is good idea and especially in these days because the price of bitcoin is growing again and it already crossed $9k. It means that today investors will make handsome money if they hold their bitcoin for some time. I suggest you to buy some bitcoin as soon as possible before the price go out of range. Then investing in bitcoin will give not a good profit and even lose due to fall again.

[FreeOxen]

It's probably a good idea not to put all your life savings into something as risky as cryptocurrency... what if you happen to lose all the life savings, what are you going to do then?

[Quidat]

As my friend's experience shows, it's more profitable to buy bitcoin rather to mine it. There are better ideas for investment, even outside the cryptoworld (which is now highly unstable and risky).

Mining is something different and more complicated than just buying bitcoin. Mining needs place, electricity and more investment and also experience while buying needs just money and nothing more. The price is growing again and it is better to buy some bitcoin instead of mining and trading, because holding needs no experience. Just buy and hold for some time.

It's really smart to just buy and hold bitcoin. Mining isn't applicable to a single person, it should be a group of people. You need to have the knowledge when you operate those things and with just one technical error then all of it will stop.

Even you do have a group on mining but still it wont turn out to be profitable because you cant just make operations without minding the electricity cost into your place which means its still debatable.Investing your life savings would really be risky.It would be much better if you just get a percentage of that funds that would be put up on investment.Dont risk it all if you dont like to potentially wreck up your entire life since we know every investment do have corresponding risk.

[Tenderino]

Why do you want to invest in already high priced coins and then on top of it additionally mine them with all the further risk coming with it? If you have a nice amount of money to invest, then spend a week of your time and make your research about promising ICOs with low priced coins and the potential to reach huge winning rates if the selected coin will succeed.

[PX-Z]

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 think it's not a good idea to use all your life savings into an investment, specifically in mining cryptocurrency. Because you don't have any assurance that you will earn from this method, and it consumes a lot of electricity that could cause your failure due to huge electricity bill in just a short period of time.

[fempat]

  Never do that. The cryptocurrency market is still very young and hence easily influenced by media news and FUDs. If you invest all you have, it's like putting all your eggs into one basket. Why not diversify your investments? A certain portion of it to be invested in Cryptos and a higher portion invested in real assets. That's my opinion of course.

[HiRollStaff]

The best advice I can give you is don't.

Don't invest anything you aren't willing to lose.

Period.

[Aamir1]

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 think it's not a good idea to use all your life savings into an investment, specifically in mining cryptocurrency. Because you don't have any assurance that you will earn from this method, and it consumes a lot of electricity that could cause your failure due to huge electricity bill in just a short period of time.

I suggest you to invest some of your savings in cryptocurrency and some in real business so that you will be mentally relaxed, because if one side loses money other will give you profit and you will never lose all your money. It is the best option for your savings. If you don’t have any ideas of regular business then keep some savings in your bank account but don’t invest all your money in crypto.

[BTC-BTC-BTC]

Stay away from mining with your life saving.

[Arkham Knight]

Making big bets in crypto like that is a big no. You could invest your life savings if you will only allot a 20% - 30% of it because it's still safe and remember that it's your life savings, so you should have some money in case of emergency.

[ThunderCatSteve]

Making big bets in crypto like that is a big no. You could invest your life savings if you will only allot a 20% - 30% of it because it's still safe and remember that it's your life savings, so you should have some money in case of emergency.

Finding the right asset to invest in too is really not an easy thing to do. You really have to get lucky at some point to be able to invest in a currency that ends up getting pumped even more than you expect after holding for a long time. It is surely always good to diversify, but one should always be careful in this case as well as not all altcoins are worth diversifying into and you cannot really tell the future of any altcoin unless you just want to play safe by investing in bitcoin and any other top crypto.

[el kaka22]

Making big bets in crypto like that is a big no. You could invest your life savings if you will only allot a 20% - 30% of it because it's still safe and remember that it's your life savings, so you should have some money in case of emergency.

Finding the right asset to invest in too is really not an easy thing to do. You really have to get lucky at some point to be able to invest in a currency that ends up getting pumped even more than you expect after holding for a long time. It is surely always good to diversify, but one should always be careful in this case as well as not all altcoins are worth diversifying into and you cannot really tell the future of any altcoin unless you just want to play safe by investing in bitcoin and any other top crypto.

Well, you are right in a way as luck may still have some little bit of part to play but not totally as every decision we make on any area of our investment is totally dependent on us. There are so many ways for one to invest wisely and to know exactly what one is investing into, but that is it. As much as investing everything can pay him in the long run if he gets lucky, it may also jeopardize his entire savings, so the best way is to always try as much as possible to play safe and take calculated risks.

It may be enticing looking at how the way the crypto space has panned over the years but it would be foolish for one to be putting their eggs in one basket when if it drops or end up not favoring one, it can be so easy to make some emotional decisions that would not eventually be in our favor or end up losing everything.

[jeepuerit]

I can only recommend it to invest a new cryptocurrency at a bigger market such as binance, hitbtc, okex and others in the top 10 of the market, as it is long term investment, it is still long before they become delesting .

[michellee]

my advice is you need to learn first about crypto so you know what you need to buy for your investment. I think you don't have to use all of your life savings for investing in the crypto and I think you need to prepare for the worst thing, for example, the price of your coin is getting down for a long time. maybe you can use 50% of the total of your life savings so you still have money for your daily needs.