nagatomo89
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August 04, 2018, 03:31:58 AM |
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With your $ 6000 I recommend you buy bitcoin. You should not invest in a platform to exploit bitcoin. If you buy bitcoin and long term investment I think it will definitely bring more profit than tapping
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Rosaleen18
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August 04, 2018, 04:08:09 AM |
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Hi Everyone,
I'm new to cryptocurrencies and would like to know your opinion on what best to do with my $6000.
I was initially planning on purchasing a GPU mining rig with gtx 1070s but then upon further research found that 1070s can only do 600-700 sol/s
Then I found the asicminer equihash which can do 40,000 sol/s and costs $14,800 which will be released on July along with new nvidia generation cards.
I know its a bit late now to start but I am really thinking hard on this but I need opinions from veteran guys.
tl:dr;
1. Should I buy bitcoin with my $6000 or 2. Use it to buy a 1070 GPU mining rig or 3. Wait until July for new nvidia graphics card to come out (or the asicminer equihash).
Thanks so much for all your feedback.
*Edit: Would like to inform everyone that electricity costs would not be a problem as I have a way to manage it. Considering that electricity cost is not an issue, is mining going to be profitable for me right away?
For me its good to invest rather than mining, you can buy BTC and hold it in a months. Buying coins is one way and easier to make a profit.
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Edeakramer
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August 04, 2018, 05:03:08 AM |
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I think you can use your $6000 to buy and hold or trading btc it's a better way and have a higher chain than mining it.
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btc-deltacoin
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ABLE: The New Era of Crypto Finance
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August 06, 2018, 04:04:48 AM |
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If i had $6000 i would wait until the market goes down and then just buy BTC.
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Lucasmcdonnell87
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August 06, 2018, 06:18:53 AM |
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I think buying a rig is a way safer buying bitcoin directly, mining bitcoin is not profitable now. It takes a lot of time. Perhaps you might want to consider mining alts, it more profitable.
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CharlieAdoring
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August 06, 2018, 06:55:30 AM |
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I think people need to stop answering the question because he was asking this 2 month ago and i think he got the answer already.
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pealr12
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August 06, 2018, 09:45:46 AM |
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I recomend that you buy bitcoin at this low price, cause mining is not profitable and by just hodling you btc and when the bull run starts then you get higher profit .
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acsaocham22
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August 06, 2018, 10:35:43 AM |
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Buy Bitcoin for $ 6200 When Bitcoin reaches $ 7100, sell it
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fnamcma879
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August 06, 2018, 11:16:00 AM |
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I think you should use it to buy a 1070 GPU rigs. But now there are so many miners, so digging bitcoins is very difficult.
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Raycheronef
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August 06, 2018, 11:26:42 AM |
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When mining you need to take care about other different aspects such as proper room, electricity cost. I'd buy the bitcoin in the first place.
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liemfrans
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August 06, 2018, 11:43:59 AM |
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Two of them are good choice, but maybe i can suggest you to buy bitcoin and trade it. because it more simple and fast to get the profit than mining because it will cost you time to learn mining. besides mining difficulties have increased due to the increasing number of miners.
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Velkro
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August 07, 2018, 10:36:11 PM |
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1. Should I buy bitcoin with my $6000 or 2. Use it to buy a 1070 GPU mining rig or 3. Wait until July for new nvidia graphics card to come out (or the asicminer equihash).
Option 1 guarantee it will work best for you. Least effort, least things that can go wrong. Only reasonable behaviour for you.
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Cryptopher
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Keep it dense, yeah?
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August 07, 2018, 11:09:14 PM |
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Mining vs buying Bitcoin both link back to the price of Bitcoin increasing for profitability. The only answer here has to be buying Bitcoin.
It would only make sense for an individual to mine Bitcoin (or some other coin) purely for educational purposes.
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Sign up to Revolut and do the Crypto Quiz to earn $15/£14 in DOT
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yevgen
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August 08, 2018, 06:57:21 AM |
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u are new to bitcoin i suggest you keep your $6000 in bank study and learn more abt cryptocurrency 1st
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cryptosfr
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August 08, 2018, 08:06:20 AM |
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GPU mining is also dead thanks to bitmain ASICing everything (secretly first than selling it for more profits ) .... So better buy coins with 6K but you need do know when buy ^^ . Do some low purchase first if you are a newby . gl
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shade jenn
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August 08, 2018, 09:50:05 AM |
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In my opinion, buy bitcoin is more simple and efisien than mining. Mining need more effort to make good miner and lately there are a lot of miner and more miner will be increasingly difficult for mining it self.
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puttkim
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August 08, 2018, 09:54:05 AM |
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I don't recommend that you do mining now. First, mining requires a lot of money. $6000 is not enough. Second, as the market changes, mining is prone to losses!
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haohuynh
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August 11, 2018, 03:32:13 PM |
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You Should buy bitcoin with your $6000.Bitcoin is easy ,you can get more profits by buying and trading.
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vokokawev658
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August 12, 2018, 08:08:07 AM |
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You should use it to buy a 1070 GPU mining rig. With $ 6000 you can not buy BTC.
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BlackSociety
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August 12, 2018, 08:52:58 AM |
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Earning bitcoin through mining is very dangerous. First, you have to invest a lot of money in mining machines (because a small number of mining machines can't get too much bitcoin), and secondly, the market downturn keeps bitcoin prices down!
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