LOOKING TO INVEST MY LIFE SAVINGS NEED ADVICE

[brooklynian]

Don't ever try to invest all your life savings in cryptocurrency mining. Both bitcoin and ethereum mining no longer pays nowadays and you may end up soaked in huge disappointment. My advice for you is that you should buy some bitcoin or/and ethereum and hold. Do not invest all your money.

[Frobeek]

If you are planning to invest for a good life saving, it's better if you invest in bitcoin because it's really good to have an investment like bitcoin and hold it for a long time because the longer you hold it, the higher the value it becomes.

how can you say bitcoin price will increase in future? bitcoin price is very volatile nowadays. every day it drops and increases. but not going above a specific range. I think if someone want to invest his saving and want to do that in crypto then he should do trading. first, he starts with less amount when he gets experience and understands tricks of trading, he should increase his investment.

Yeah you are right, investment in bitcoin for long time is definitely profitable and you can make huge money in the future. But I want to tell you that you should keep some cash in your account and do not invest all your money in one time. First check the market and if you satisfied that crypto market is good for you then you can invest the rest of your money.

[db-zz]

Totally agree that all-out investment is not a smart decision. For investment purpose, voalidity and risk should be always put into consideration. In cryptocurrency world, there're mainly business forms like this: opeing exchange, mining machine, wallet in payment field and other deriviate product. I personally suggest invest in payment field with either less volatile and lower cost to run. Bitcoin ATM would be the best choice to most of ordinary investors to get involed in cryptocurrency business. Here is one for your reference.
www.dobiatm.com/twowayatm-violet.html
Email me if you need help with Bitcoin ATM. viva@outlook.com

[Barbut]

Invest in yourself and you will not make a mistake. Invest education, if you have money for that go to school, learn something that will make you more money. Learn about programming, web design, or something else, that depends from what is your passion in life. Invest a little part in cryptocurrencies, but investing in education is much better option.

Why are you discussing this? A man asked for advice almost a year ago, I do not think that this is relevant for him now, as well as mining in general for individual mining is not a very promising direction for a very long time.

Why not? You don`t need to mine bitcoin, there are other good mining options. Its all about what kind of equipment you have, with good equipment you can mine bitcoin but for that you need a lot of money. People still discuss this cause they don`t pay attention on previous posts, I discuss it cause I think I gave another point of view, nobody say nothing about learning and education, maybe some new people will check this and see some good suggestions.

[chainedblocks]

if use you saving to invest. you should choose the bitcoin market. buy now and hold until next year. maybe you can get rich.

In these days the price of bitcoin is very reasonable and you can buy bitcoin for your future. If you have patience and courage to bear any circumstances then you should invest in bitcoin. If you have trading experience, then it is much better and you can make handsome money in the future. Don’t be panic if you want to put your money in cryptocurrency.

It is a good decision that you want to put your money in cryptocurrency. I really appreciate your courage, because cryptocurrency investment is very risky and you may lose your coins with one wrong decision. It is better to split your money into different coins. By this way, you will be mentally relaxed and satisfied. If one coin downs other will go up and you will remain constant.

Yes, instead of losing all your money in one coin it is better to split the coin by dividing your money into different coins. It is very good to research before investing into any coin which should give good income for your holding.

In my opinion authentic and reliable new ICO project is better for investment. if the project manager is reliable and he has clean track record and people trust him the most you can invest yoru money in his coin. You will get huge quantity for low investment but don’t put all your money in one coin. It will be better option for a secure future investment.

[loverets45]

if use you saving to invest. you should choose bitcoin market. buy now and hold until next year. maybe you can get rich.

In these days the price of bitcoin is very reasonable and you can buy bitcoin for your future. If you have patience and courage to bear any circumstances then you should invest in bitcoin. If you have trading experience, then it is much better and you can make handsome money in the future. Don’t be panic if you want to put your money in cryptocurrency.

It is good decision that you want to put your money in cryptocurrency. I really appreciate your courage, because cryptocurrency investment is very risky and you may lose your coins with one wrong decision. It is better to split your money in different coins. By this way you will be mentally relaxed and satisfied. If one coin downs other will go up and you will remain constant.

It is good that if you want to invest in cryptocurrency the best option is bitcoin only because of the bright future. No doubt that the price in these days in not good but if you have some coins you should hold them for some time atleast till the end of this year. Hope the next year will be good for bitcoin price and investors will make handsome money.

[ThKevin]

If you are planning to invest for a good life saving, it's better if you invest in bitcoin because it's really good to have an investment like bitcoin and hold it for a long time because the longer you hold it, the higher the value it becomes.

how can you say bitcoin price will increase in future? bitcoin price is very volatile nowadays. every day it drops and increases. but not going above a specific range. I think if someone want to invest his saving and want to do that in crypto then he should do trading. first, he starts with less amount when he gets experience and understands tricks of trading, he should increase his investment.

Yeah you are right, investment in bitcoin for long time is definitely profitable and you can make huge money in the future. But I want to tell you that you should keep some cash in your account and do not invest all your money in one time. First check the market and if you satisfied that crypto market is good for you then you can invest the rest of your money.

It is good that you have decided to invest your savings in cryptocurrency. Now it is better to split your money in different coins like bitcoin, litecoin, Ethereum, ripple, and monero etc. some are big coins prices high and some are low price coins and you can buy big quantity for low investment. if you have big money you must hold some of your money in your bank account to use in time of need.

[batang_bitcoin]

Don't ever try to invest all your life savings in cryptocurrency mining. Both bitcoin and ethereum mining no longer pays nowadays and you may end up soaked in huge disappointment. My advice for you is that you should buy some bitcoin or/and ethereum and hold. Do not invest all your money.

It no longer pays? if it no longer pays then no one would confirm our bitcoin and ethereum transactions.

What's the concern here is if you just are going to mine and will buy with small capital for the hardware it isn't worth it. But to say that mining isn't longer paying? that's just misleading. There are mining farms there that has been doing good though the market has been down until now.

[primer61]

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.

I would strongly advice against investing all your life savings in anything related to Crypto. But if you`re so determined, I`d suggest investing not in mining equipment, but in Crypto trading - this way you more or less have conrol over the situation and your funds, while with mining you have very limited control over what`s going on with your investment.
Just avoid ICOs - invest in more stable coins to make your invesment more stable.

[Beegovere]

Totally agree that all-out investment is not a smart decision. For investment purpose, voalidity and risk should be always put into consideration. In cryptocurrency world, there're mainly business forms like this: opeing exchange, mining machine, wallet in payment field and other deriviate product. I personally suggest invest in payment field with either less volatile and lower cost to run. Bitcoin ATM would be the best choice to most of ordinary investors to get involed in cryptocurrency business. Here is one for your reference.
www.dobiatm.com/twowayatm-violet.html
Email me if you need help with Bitcoin ATM. viva@outlook.com

Everyone will advise you to invest a part of your investment in cryptocurrency and see the results. If you are satisfied and think that it is good than any other investment, then you can add more money in your investment. If you did not satisfy with this investment, you can put the rest of your money in some other business. But it is not good to invest all your money together.

[shekt4]

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

Lol...cool !! It's a great idea! More people going into mining is a great way forward; just that currently, mining isn't really profitable for the individual miner....except of course institutional....group of wealthy guys can decide to form partnership and go into mining btc or eth and get some really profits....i will recommend you just look buy some good crypto and hold for the long....bitcoin must be in your portfolio with good amount invested in some altcoins......if possible invest in some good ICOs....

[splacque]

Invest in yourself and you will not make a mistake. Invest education, if you have money for that go to school, learn something that will make you more money. Learn about programming, web design, or something else, that depends from what is your passion in life. Invest a little part in cryptocurrencies, but investing in education is much better option.

Why are you discussing this? A man asked for advice almost a year ago, I do not think that this is relevant for him now, as well as mining in general for individual mining is not a very promising direction for a very long time.

Why not? You don`t need to mine bitcoin, there are other good mining options. Its all about what kind of equipment you have, with good equipment you can mine bitcoin but for that you need a lot of money. People still discuss this cause they don`t pay attention on previous posts, I discuss it cause I think I gave another point of view, nobody say nothing about learning and education, maybe some new people will check this and see some good suggestions.

May be he has done all that you are suggesting him. Now he wants to invest in cryptocurrency. You should tell something about crypto world. Anyway I want to tell you should split your money between different coins. If you have big money, you should buy some bitcoin, Ethereum and Ripple, so that your profit chances will be more because all the currencies will not drop at one time.

[ThankThake]

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

Investing your life savings is a huge risk to take, you might invest your money with plans that the price will increase at a particular time but things might happen not to go that way as you expected it to be and you will end up losing a huge percentage of your investment. Some people tried that earlier this year and price dropped and most of them lost more than fifty percent of their money out of thinking that price will continue to rise.

[tradjecide]

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.

I would strongly advice against investing all your life savings in anything related to Crypto. But if you`re so determined, I`d suggest investing not in mining equipment, but in Crypto trading - this way you more or less have conrol over the situation and your funds, while with mining you have very limited control over what`s going on with your investment.
Just avoid ICOs - invest in more stable coins to make your invesment more stable.

I would like to advice you not to put all your money in cryptocurrency. It is very risky and if the price go down you may lose all your money. You can try this world from small investment and if you find it good then the doors are open you can invest more in it. If you want to invest all of your money then split your investment in different coins. it is much better than buying one crypto.

[Lotermity91]

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

Lol...cool !! It's a great idea! More people going into mining is a great way forward; just that currently, mining isn't really profitable for the individual miner....except of course institutional....group of wealthy guys can decide to form partnership and go into mining btc or eth and get some really profits....i will recommend you just look buy some good crypto and hold for the long....bitcoin must be in your portfolio with good amount invested in some altcoins......if possible invest in some good ICOs....

Of course all will give the suggestion to invest half of the savings because it is the best option, although he can invest all his money at one time and in one currency. But when he asked for advice now it is his right to give him the best advice. Observe the market, select a coin or different coins and put your money in it, that all. Leave the rest on time.

[hermankoles]

mining will continue to be used as long as bitcoin and ethereum exist and this is good for your future regardless of your fluctuating market prices you will still make a profit. buy an assistant for bitcoin mining and other types of minerals depending on the power hash and the price they sell, if you want mining ethereum then buy a VGA that is enough to be parallelized to produce a large hashrate to mine ETH. the settings are quite easy and profits will flow every time to your personal wallet

[gamechangers]

Did I get you right that you want to invest your life savings on cryptocurrency Mining? Please don't embark on what you may end up regretting. You may not recover your investment at all and this will affect you adversely. As at now, bitcoin and ethereum mining is a no for me.

[acarli]

You posted in November 2017. I hope you sold quickly afterwards. Unfortunately, a lot of people were making some big investments. I think we are past the "Capitulation" phase of the chart below, and entering the "despair" phase. I hope I am wrong.

I think going forward BTC will be a vehicle for wealth, not a means of obtaining it.

[yonjitsu]

Mining is really very expensive one because of the fact that you have to build your mining rig with the most new model of its hardware. Also, don't forget to include your power consumption through mining that will certainly costs you a lot.

[vteihdx]

If you can, you can try investing in China's stock market, which is just like the US stock market ten years ago.