LOOKING TO INVEST MY LIFE SAVINGS NEED ADVICE

[taliwang]

I think if you want a long-term investment then you can invest by buying as much bitcoin as you can because indeed from moment to moment the price of bitcoin can provide a lot of benefits.

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[The_Dark_Knight]

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

The problem is not the room, the problem is your electricity bill, if in your country electricity is expensive then you are never going to make any kind of return with your mining hardware, on the other hand if you have cheap electricity then you have a chance to make profits, however right now is not the best time to mine since the price of every coin is very cheap and you could make more money by just buying coins.

[goldkingcoiner]

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

First of all, how much are you planning on investing? Second of all, start small. Invest no more than half, see where it takes you. Don't put all your eggs in one basket... Although to be honest, depending on where you live, mining can be a dumb idea.

[bitcoinerjawa]

if you want to find the best cryptocurrency for investment then you should be able to buy as much bitcoin as you can because bitcoin is a good step for investment.

[Sadlife]

Maybe you should reconsider when your going to try investing your life savings in something like mining and buying mining hardware's because ive heard that mining crypto's like ETH and BTC are less profitable and much more costly because of the bills and the revenue you get is isn't enough due to increase difficulty.

[prtty2gal2]

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

Life savings is not something you should joke about, you know how hard it was for you to raise that amount of money and you should be very careful on how and where you’re going to invest that money so you don’t end up losing it in the process of trying to gain more from what you already have.

If it’s trading that you choose, then make sure that you’re very good at that and knows how it works. Then if you choose to invest and Hodl, then make sure you try to do it at the right time and also follow up with it.

[michellee]

I will not recommend using all of your life savings to invest in cryptocurrency because you don't know what will happen with the crypto market. it is better to use only 30%-40% of the total of your life savings so you still have money for your life. I always telling this to every people who want to join in the cryptocurrency because cryptocurrency price is always fluctuating and some of us cannot calm down to see the price is always changing. but it is up to you and I hope that you can think twice to use all of your life savings money.

[StarofBTC]

for investment then you can use the advice of some people from the people here, I suggest you buy as much bitcoin as you can by buying bitcoin you also participate for investment.

The only advise that is necessary for anyone who is trying to invest his life savings is to know what he is doing exactly and also understand this space is not a get rich quick scheme and if that is the mentality is coming in with to invest his whole life savings, then, he is already threading on the wrong part.

A lot of people keep investing and getting greedy for the wrong reasons, but really, the idea is to be investing in the future, and if you have to do that, you will still need to consider the risk involved as well first to be able to have a concrete info for making your decisions.

[valisa]

in my opinion bitcoin mining is currently not profitable because of high oppressional costs such as electricity while the results are not much, my advice is you are looking for another business that is more profitable and with little risk

[SolomonSollarsNSense]

Friendly advise;

If you want to invest money in something, you need to be precise and make sure you know its context until you have them down pat. If you have doubt about your investment or you have doubt about your knowledge about that something that you will invest, don't invest. Gain more information, read more and be %100 about your knowledge about that.

Shortly, if you cannot plan what you do next, don't invest; because it shows you truly don't know all things about that and you will be investing blindly and this is just gambling.

So far, this is just one great advice I can ever imagine and it is even surprisingly coming from a newbie. Right, what the OP thoroughly is to get as much as information needed to be able to make quality decisions in the space which I believe if he has, he would not be considering putting his whole life savings into crypto unless he is just totally done with the fiat system and so much believe in the long term of cryptocurrency.
Investing blindly is one thing that has made people lose so much money and whining today about how much they have lost since they cannot deal with the short term volatility alone and that makes me wonder, what information they actually had in the first place before even investing in the space.


[joromz1226]

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, you need to be careful on what you are planning with pal, so I the better way or things to do is why don't you try to study and learn everything first before you make a tough decision, at least in the end you won't blame yourself. it is much better if start investing in some other altcoins in the exchange platform, or you can also invest in some good ico project where you can make your capital be multiply by x 10 up to 1000%.

[mornabo]

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

The problem is not the room, the problem is your electricity bill, if in your country electricity is expensive then you are never going to make any kind of return with your mining hardware, on the other hand if you have cheap electricity then you have a chance to make profits, however right now is not the best time to mine since the price of every coin is very cheap and you could make more money by just buying coins.

The problem is also not on the electricity bill but the long term, whether it will remain profitable and ROI or not? because you know bitcoin mining will be increasingly difficult, reward mining will get smaller, especially if the cost of electricity in your country is expensive, if you really want to mine, look for altcoins to mine

[goldkingcoiner]

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, you need to be careful on what you are planning with pal, so I the better way or things to do is why don't you try to study and learn everything first before you make a tough decision, at least in the end you won't blame yourself. it is much better if start investing in some other altcoins in the exchange platform, or you can also invest in some good ico project where you can make your capital be multiply by x 10 up to 1000%.

I would not recommend ico investing until they are bound by regulations. Too many scam icos out there...

[imsotiredofmoviereboots]

Please don't. Just think if you had an emergency and you need your life savings and then you remembered that you already invested in btc and now the price is sinking but then you have no choice but to sell it with losses. You could use your leisure allowance but not just your life savings because it is important.

[lienfaye]

Dont go all in dude investing is risky there's no guarantee you can gain profit even you invest your life savings, and given the fact that you are not knowledgeable enough to enter in mining business I have doubts you're not going to make it.

Dont put all your money in just one basket its better to diversify so if something happen with your investment you still have other investment to count on. But before you do that make sure you know everything and you have done your own research.

[Cliparts]

Realy realy bad idea putting your life savings into 1 plan, mining is hard and expensive unless you can get free or nearly free electricity and broadband. Personally I would not put more than 20% of my savings into anything-just imagine how it will feel if you loose all you have worked so hard for for so long, By all means reinvest your profits back into crypto and with luck you will see a big capital gain.   

after learning many things about crypto and blockchain I dare to give my savings up to 30% for crypto. crypto is a modern financial technology and has many advantages over its lack, when people realize that all crypto have fantastic prices and we will regret not investing

Yup it is really new things which is full of benefits, after some months price of bitcoin will be very high and those who are for now not investing and waiting for it to be low will cry then because then price will be very high it will be out of reach so better if you have money try to buy right now and never wait anymore because it will increase your profit for investing right now.

[Coral27]

Realy realy bad idea putting your life savings into 1 plan, mining is hard and expensive unless you can get free or nearly free electricity and broadband. Personally I would not put more than 20% of my savings into anything-just imagine how it will feel if you loose all you have worked so hard for for so long, By all means reinvest your profits back into crypto and with luck you will see a big capital gain.   

after learning many things about crypto and blockchain I dare to give my savings up to 30% for crypto. crypto is a modern financial technology and has many advantages over its lack, when people realize that all crypto have fantastic prices and we will regret not investing

Yup it is really new things which is full of benefits, after some months price of bitcoin will be very high and those who are for now not investing and waiting for it to be low will cry then because then price will be very high it will be out of reach so better if you have money try to buy right now and never wait anymore because it will increase your profit for investing right now.

Yes you are lucky if you have thinking about to invest your money to bitcoin because I have seen a lot of people who are now sad because of waiting and not investing money with bitcoin, price of bitcoin get high and low so better to buy when it is low and sell when it is high, if you are investing your saving it will make your future brighter, so invest now and no need to wait anymore.

[escalante28]

In my Humble opinion don't  put all your life saving in one investment.  Try to invest the 30% in cryptocurrency and seek good advisor. Keep the 40%  for yourself, you must treat yourself because you work hard for it and the 30% remaining  I suggest that you should also invest it in a physical  business  not in cryptocurrency.  Believe me.

[hermankoles]

Realy realy bad idea putting your life savings into 1 plan, mining is hard and expensive unless you can get free or nearly free electricity and broadband. Personally I would not put more than 20% of my savings into anything-just imagine how it will feel if you loose all you have worked so hard for for so long, By all means reinvest your profits back into crypto and with luck you will see a big capital gain.   

after learning many things about crypto and blockchain I dare to give my savings up to 30% for crypto. crypto is a modern financial technology and has many advantages over its lack, when people realize that all crypto have fantastic prices and we will regret not investing

[michellee]

Realy realy bad idea putting your life savings into 1 plan, mining is hard and expensive unless you can get free or nearly free electricity and broadband. Personally I would not put more than 20% of my savings into anything-just imagine how it will feel if you loose all you have worked so hard for for so long, By all means reinvest your profits back into crypto and with luck you will see a big capital gain.   

after learning many things about crypto and blockchain I dare to give my savings up to 30% for crypto. crypto is a modern financial technology and has many advantages over its lack, when people realize that all crypto have fantastic prices and we will regret not investing

I think 30% is enough to invest in cryptocurrency because you still save the other money for your daily needs and I think this can work well for you especially if suddenly, all of your coins are getting an increase so you can make a big profit. and from 30% of the investing, you can diversify to many coins and you can buy a lot of amount from each coin and I am sure that it will give you a nice profit in the future.