silvestar
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Activity: 1134
Merit: 1002
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April 28, 2014, 02:00:50 PM |
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Just invest in bitcoin business and get profit, mining is not profitable anymore.
What kind of business are you talking about? Dice sites like just-dice? |
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"Bitcoin: the cutting edge of begging technology." -- Giraffe.BTC
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Buziss
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April 28, 2014, 05:53:07 PM |
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Can u help me with advice, i have 7000$ for investion, do i invest in mining rig for litecoin or some hardware for bitcoin? Your advice?
Mining is a difficulty game, and you can hardly make any profit. It is better to buy bitcoin or litecoin with your money. |
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ALTCOIN_N
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April 28, 2014, 07:38:57 PM |
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i think buying bitcoin directly is better. Try to buy at around $400/btc.
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Elizann
Newbie
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Activity: 11
Merit: 0
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April 28, 2014, 08:17:40 PM |
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How much do you wish to pay for the advice?  |
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cookiemonsterwhat
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April 28, 2014, 09:24:09 PM |
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Can u help me with advice, i have 7000$ for investion, do i invest in mining rig for litecoin or some hardware for bitcoin? Your advice?
Mining is a difficulty game, and you can hardly make any profit. It is better to buy bitcoin or litecoin with your money. You should listen to this person. Anyone whos telling you to buy, is from a position from experience of mining before it all crazy high with difficulty. |
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monbux
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Activity: 1736
Merit: 1024
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April 29, 2014, 01:24:36 AM |
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are you sure you want to invest $7000 in bitcoin? If so, IDK if mining is the best way to go... perhaps play around and make some smart investments would be my plan. Another option would be keeping that money in fiat.  |
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Tammy Chan
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April 29, 2014, 11:13:07 AM |
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Can u help me with advice, i have 7000$ for investion, do i invest in mining rig for litecoin or some hardware for bitcoin? Your advice?
It is better and safer to buy bitcoin or litecoin. Forget about mining and forget about altcoin clones. |
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gagalady
Legendary
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Activity: 938
Merit: 1000
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April 29, 2014, 01:36:03 PM |
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Can u help me with advice, i have 7000$ for investion, do i invest in mining rig for litecoin or some hardware for bitcoin? Your advice?
All people are saying "long" time ago that buying Bitcoins for your investment is the best you can do. So buy bitcoins for you $7000. |
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durrrr
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April 29, 2014, 01:56:42 PM |
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The word is "investing" or "investment".
I don't know very much about Bitcoin mining but what I have read is that $7k probably isn't enough and anyway there are limited suppliers of competitive ASICs.
You may be better off mining Litecoin.
You may still be better off just buying Bitcoin or Litecoin and selling it for more.
Ask in the mining forum.
this lol i was like wtf is investion like some sort of digestion of a bitcoin investment lol. but yeah the word is investment and i would invest in vrt coin at the moment or even doge coin |
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notguessinchina
Newbie
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Activity: 14
Merit: 0
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April 29, 2014, 02:46:31 PM |
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Why not do a coin-investor , seems you just want to invest in mining.
$7000 means a lot to a lot of coins.
You can control the market !
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activebiz
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April 29, 2014, 03:20:36 PM |
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Thats a lot of money, u can get a decent bitcoin btc miner with that. U should find the best bitcoin miners to buy using a good profit calculator like bitcoinx.com to determine how long u need to use to get in profit
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Lieji
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April 29, 2014, 08:17:22 PM |
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Why not do a coin-investor , seems you just want to invest in mining.
$7000 means a lot to a lot of coins.
You can control the market !
$7000 sounds a lot, but you can't control the bitcoin or litecoin market with that. |
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Lieji
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April 29, 2014, 08:19:26 PM |
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Thats a lot of money, u can get a decent bitcoin btc miner with that. U should find the best bitcoin miners to buy using a good profit calculator like bitcoinx.com to determine how long u need to use to get in profit
I am afraid buying bitcoin miners are not really profitable now, unless you have very cheap electricity price and the difficulty increase at slower pace. |
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grifferz
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May 01, 2014, 10:39:54 PM |
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Thats a lot of money, u can get a decent bitcoin btc miner with that. U should find the best bitcoin miners to buy using a good profit calculator like bitcoinx.com to determine how long u need to use to get in profit
Please link us the details of mining hardware available for $7k or under for delivery now, so we can determine how much profit OP could make at various example electricity costs. I ask because everything I have read from people who actually mine say that it's getting harder and harder to turn a profit. |
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dogec
Newbie
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Activity: 56
Merit: 0
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May 03, 2014, 03:19:00 AM |
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Its pretty cut clear at this point.
Since no one saw the value in it when it was literally breaking $100.
Just buy bitcoin. If you are mining that means your willing to lose a lot more fiat money and can afford it.
Some people like me need a little more nudge, so please be considerate. I`m glad I found this thread cause even with $200 I can have some sense. |
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BunsenBurner
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May 03, 2014, 03:35:05 AM |
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Can u help me with advice, i have 7000$ for investion, do i invest in mining rig for litecoin or some hardware for bitcoin? Your advice?
Agree with the majority here, you should buy bitcoin instead of mining hardware. You can hold your bitcoin, or invest them in bankroll of casinos. |
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