pedrog
Legendary
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Activity: 2786
Merit: 1031
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October 12, 2013, 02:34:04 AM |
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Don't buy everything right away, stay around, read a lot, take advantage of the price volatility, in a few weeks you might buy cheaper, and read a lot, some other altcoin might be a better investment on the short/medium term.
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Shallow
Sr. Member
Offline
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
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October 12, 2013, 02:43:46 AM |
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Put your life savings in btc then bury your head in the sand for a year and hope for the best.
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cactus-pits (OP)
Newbie
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Activity: 21
Merit: 0
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October 12, 2013, 03:28:31 AM |
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Put your life savings in btc then bury your head in the sand for a year and hope for the best.
that's what I'm talking about ^^ |
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Zeek_W
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October 12, 2013, 04:09:16 AM |
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You could try investing with CEX.io - you buy Gh/s on a hosted system, then can trade your Gh/s on their own market - I personally Mine and Trade on it. Makes for a fun, low cost and immediate results (no waiting for hardware, no setup, etc). For example, now you can buy 1Gh/s for about 0.19 BTC and while it earns away (the pool Ghash.io seems to find blocks quickly - so your returns are fairly frequent from what I have seen) you can also have the Gh/s on the trade market. Rinse and Repeat. This is my referral link: https://cex.io/r/1/Zeek/0/ |
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cowandtea
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October 12, 2013, 06:19:56 AM |
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Buy Bitcoin to keep and don't touch it (just don't reformat your computer). Come back 5 years later and BAM!!!
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Zeek_W
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October 12, 2013, 07:18:29 AM |
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Buy Bitcoin to keep and don't touch it (just don't reformat your computer). Come back 5 years later and BAM!!!
HAHA, that's pretty much what I did. Except I forgot I had BTC. A nice surprise indeed |
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Zeek_W
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October 12, 2013, 09:12:45 AM |
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Buy Bitcoin to keep and don't touch it (just don't reformat your computer). Come back 5 years later and BAM!!!
HAHA, that's pretty much what I did. Except I forgot I had BTC. A nice surprise indeed and then comes that feeling to jump of a building.. How so? I made a tidy profit - although I wish I had my auto-trader running silently that whole time! |
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uininPeter
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October 12, 2013, 10:52:27 AM |
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Put your life savings in btc then bury your head in the sand for a year and hope for the best.
Nope, never put your life savings in btc, it is too risky. Do it only with amount you dont mind to loose ! |
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MakeBelieve
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October 12, 2013, 11:06:01 AM |
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Ye never put your life savings into Bitcoiin. That would be silly. As it could go down as well as up.
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On a mission to make Bitcointalk.org Marketplace a safer place to Buy/Sell/Trade
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Johnny Bitcoinseed
Full Member
Offline
Activity: 154
Merit: 100
Johnny Bitcoinseed
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October 12, 2013, 12:03:58 PM |
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I recommend first paying off all debts, getting your financial house in order and all that. Anything extra that you can afford to risk - put some into gold and silver (proven as stores of value for thousands of years), and some into bitcoin. They key is to only invest as much as you can afford to loose.
If you want surefire investments, buy and store food, clothing, and other stuff you will use anyway. The price of these will only rise and buying them now locks in the price.
Ultimately, bitcoin succeeds when it is spent and re-circulated through the market.
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Keldel
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October 12, 2013, 12:37:02 PM |
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Invest only in what you understand! That being said.. The best thing you can do is understand bitcoin  |
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cactus-pits (OP)
Newbie
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Activity: 21
Merit: 0
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October 12, 2013, 03:17:32 PM |
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this is all very interesting...
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balanghai
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October 12, 2013, 03:39:00 PM |
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Try your trading skills.
Mining is only good for free electricity or you got a wind or solar farm already.
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cactus-pits (OP)
Newbie
Offline
Activity: 21
Merit: 0
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October 12, 2013, 04:51:40 PM |
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I wish I new where to start...I need to find someone in my area I can talk to face to face..
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thecoinjournal
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October 12, 2013, 04:54:30 PM |
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I wish I new where to start...I need to find someone in my area I can talk to face to face..
If you are not in US, try to buy some stocks at bitfunder.com |
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vervolioman
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October 12, 2013, 05:41:19 PM |
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Try your trading skills.
It is not easy and requires a lot of time. Not a investment by my understanding |
What use is a signature?
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pedrog
Legendary
Offline
Activity: 2786
Merit: 1031
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October 12, 2013, 08:47:45 PM |
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I wish I new where to start...I need to find someone in my area I can talk to face to face..
If you are not in US, try to buy some stocks at bitfunder.com Careful with that, study very well the security before buying. |
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Birdy
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October 12, 2013, 08:54:37 PM |
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Just want to repeat this, because there were so many "investing tips" Also avoid Altcoins, Bitcoin Mining equipment and Bitcoin securities (unless you really know what you are doing) , most of them are more of a gambling, short term profits, unprofitable or just plain scams.
I agree with pedrog, be careful about that stuff |
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stromma44
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October 12, 2013, 09:51:33 PM |
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The truth is investing is risky, and worst thing is putting BTC to something you dont understand perfectly, or believing in promises
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