what should i invest in

[ownage18]

Hello,

I've been reading for a while about all kinds of cryptocurrencies and I have some questions. If I have 300$ to invest in this domain in which mining gear should I invest . From what I've been reading the bitcoin is way out of my league so what other ways are there to make some money with this coins ?

Should I invest in some GPU-s and go to certain only gpu or cpu currency ? Thank you .

[vnvizow]

Sure buy GPU's to mine other alt coins but I'm suggesting you to buy bitcoin, the price is probably going to spike up in 3-4 months

[Wusolini]

invest in gpu and mine scrypt coins. You can alwas sell it later (rather than some asic).

[vnvizow]

invest in gpu and mine scrypt coins. You can alwas sell it later (rather than some asic).

as might as well point out if there's no more use for the gpu in crypto currencies you can always use it for gaming 

[shorena]

-snip-
I have 300$ to invest
-snip-

Take up to 50$ to buy a good book about technical analysis,
https://en.wikipedia.org/wiki/Technical_analysis
buy BTC with the rest and apply what you learned.

[2double0]

Stuck to bitcoin!

[trexbtc]

Before you will invest anything, make sure your are competent enough in this field

[Kiki112]

don't buy mining gear, bitcoins and dogecoin are on it's lowest right now, they will start to rise soon (dogecoin already started , altough it fell to 0.8$/1k it's already 0.9$/1k) and bitcoin will double soon, so it's far more profitable and secure to buy bitcoins or dogecoins and wait until their value increases then buying mining gear

[ChuckBuck]

With $300, no equipment you buy will be worthwhile.  Since all coins are cheap now, just buy coins and hold.

[AnnInter]

When will the price go to 1000$ ? Is it worth to invest in LTC or BTC.

[manoamano]

You should not invest in mining ...


You should invest in LTC (or btc) and then trade online to increase your balance

[hilariousandco]

When will the price go to 1000$ ? Is it worth to invest in LTC or BTC.

Nobody can answer this. Guesses on the price are just pure speculation.

[Rainer4256]

Never buy btc mining hardware! It doesn't pay. Even if you buy a 2 TH Terraminer (6000$) which in fact mines only 1.7 TH, adding power costs (power consumption is 1650 W) you will lose money. The cheaper the hardware the bigger the loss!

[Kiki112]

Never buy btc mining hardware! It doesn't pay. Even if you buy a 2 TH Terraminer (6000$) which in fact mines only 1.7 TH, adding power costs (power consumption is 1650 W) you will lose money. The cheaper the hardware the bigger the loss!

what if he has free electricity?

[ownage18]

Funny, but I actually have free energy but not enough money to buy a 2 TH/s machine. So , if the electricity is free which currency should I invest in ? I want to start mining with my cpu /gpu or even upgrade to a better gpu and start making some tangible money.

Thank you.

P.S. I've been using the doge profit calculator and it says that I should make 130$ a day with a 30GH/s rig , which I could get at 300$ so why wouldn't it be profitable ?

[Kiki112]

Funny, but I actually have free energy but not enough money to buy a 2 TH/s machine. So , if the electricity is free which currency should I invest in ?

bitcoin or dogecoin..

if you're into mining probably litecoin but investing in bitcoin or dogecoin would be a smart move..

doge is already starting to rise to it's old value and bitcoin will start too soon

[Rainer4256]

Funny, but I actually have free energy but not enough money to buy a 2 TH/s machine. So , if the electricity is free which currency should I invest in ? I want to start mining with my cpu /gpu or even upgrade to a better gpu and start making some tangible money.

Thank you.

P.S. I've been using the doge profit calculator and it says that I should make 130$ a day with a 30GH/s rig , which I could get at 300$ so why wouldn't it be profitable ?

I was talking about bitcoin. If you are interested in the math behind it I can help you. Hint: http://en.wikipedia.org/wiki/Geometric_series
Always think of the mining difficulty increasing every 10 days by about 20%.

[apsvinet]

I'd say buy bitcoins. As long as they're 400 usd-ish you'll
profit -lots- when the price goes up again.
It might be 300 dollars thrown in the sea, but it might
spike to -huge- profits. Investing is taking a risk, but I'd
do it.
Best of luck!

[Rainer4256]

I'd say buy bitcoins. As long as they're 400 usd-ish you'll
profit -lots- when the price goes up again.
It might be 300 dollars thrown in the sea, but it might
spike to -huge- profits. Investing is taking a risk, but I'd
do it.
Best of luck!

Exactly!

[raspcoin]

Trading is probably a better way to earn coins than mining, but you need to get some coins before you begin. If you dislike trading or need a new graphics card anyway, then mining may be a better option.