What should i do with my $1100

[orcanice]

Hi guys, i have around $1100 to spend on something,

so ive been thinking on buying a new miner or build a gaming pc with (AMD cards so it can mine at night)

What do you guys think i should do?


a miner wont be a problem for me since i have free electricity.

Thanks

[1713994684]

1713994684

[1713994684]

1713994684

[1713994684]

1713994684

[roslinpl]

Hi guys, i have around $1100 to spend on something,

so ive been thinking on buying a new miner or build a gaming pc with (AMD cards so it can mine at night)

What do you guys think i should do?


a miner wont be a problem for me since i have free electricity.

Thanks

Buy Bitcoins!!!
You can buy >2BTC for this price!

[Kiki112]

just buy bitcoins, incredibly low prices now..

purchase 2BTC --> 1000$

buy around 180 000 dogecoins with the remaining 100$

really low prices now, good promotion coming in after the dogecoin car rides on Nascar in May and SciShow makes a show about Doge

[roslinpl]

just buy bitcoins, incredibly low prices now..

purchase 2BTC --> 1000$

buy around 180 000 dogecoins with the remaining 100$

really low prices now, good promotion coming in after the dogecoin car rides on Nascar in May and SciShow makes a show about Doge

This is good idea

And after price will skyrocket buy new miner and build a gaming pc with (AMD cards so it can mine at night).

[apsvinet]

I suggest you buy some candy and soda, and have a snack while watching a good movie.

Or you could invest in bitcoins.

But candy is tastier.

[pbj sammich]

This is a great time to outright purchase BTC, with the price low

[jeffersonairplane]

Time to buy bitcoins very cheap now. 

[rohnearner]

Buy Bitcoins!!!
You can buy >2BTC for this price! You can always try a link from my sig

I'll say wait for a month and you'll be able to buy more >3btc by then end of april.. it might go up a lil in first week but at the end you'll be able to..! But i don't think op here want to Buy bitcoins he is more into mining which is a long term investment..!

[Jacksquere]

Buy BTC Price Low Now

[Swordsoffreedom]

Personally I am joining the crowd and saying buy Bitcoins now and then maybe buy a Gen 3 Asicminer later

[shorena]

Buy Bitcoins!!!
You can buy >2BTC for this price! You can always try a link from my sig

I'll say wait for a month and you'll be able to buy more >3btc by then end of april.. it might go up a lil in first week but at the end you'll be able to..! But i don't think op here want to Buy bitcoins he is more into mining which is a long term investment..!

There are some pretty big walls on the way to <300. Even 420 has a ~ 3200 BTC wall.

My advice would be:
- invest part of the money in a good book about trading ~50 should do it. (there are plenty of tipps in the speculation part)
- get yourself a nice gaming/mining rig ~1000
- buy bitcoins / altcoins with the rest ~50

This way you learn how to trade (thus make more out of your investment, but can stay cool all the way because you didnt put all your eggs in one basket), can mine at night and still have something to do while waiting for the right price (e.g. playing your favorite game) to trade.

[DhaniBoy]

buy BTC for sure
wait BTC price at $430 

[txbt]

I suggest you buy some candy and soda, and have a snack while watching a good movie.

Or you could invest in bitcoins.

But candy is tastier.

Don't put all your eggs in one place. If you decide to buy something else that BTC, you can always buy first the BTCs and after that use them to buy whatever you decide. By doing this at least you'll contribute to the BTC acceptance.

[apsvinet]

I suggest you buy some candy and soda, and have a snack while watching a good movie.

Or you could invest in bitcoins.

But candy is tastier.

Don't put all your eggs in one place. If you decide to buy something else that BTC, you can always buy first the BTCs and after that use them to buy whatever you decide. By doing this at least you'll contribute to the BTC acceptance.

Yeah, trading legal items with Bitcoins contributes to it being accepted more and more, which is good for the value.

[roslinpl]

Yeah, trading legal items with Bitcoins contributes to it being accepted more and more, which is good for the value.

Indeed this is what is how it's working!
That's why I always say "great job" to any trader accepting Bitcoins
This is a support as well!

[xypos]

Buy btc => gamble => profit
Buy btc => wait the price to increase => sell btc => profit
Buy btc => invest => profit
Buy btc => trade => profit

[RobFordWotWot]

Buy a pack of Alaskan Malamutes and enter competitive doge-sled races.

[WBTC]

you should buy BTC or LTC , now its a perfect time !

[apsvinet]

you should buy BTC or LTC , now its a perfect time !

Hah, try to post some arguments for why it's the perfect time! Who's to say btc prices will ever rise again? Might be 450 wasted dollars.

[roslinpl]

Buy btc => gamble => profit
Buy btc => wait the price to increase => sell btc => profit
Buy btc => invest => profit
Buy btc => trade => profit

I would change that to just : Buy BTC => HODL for provit

gambling might makes you lose I think you should gamble only with money that you do not need too much

He needs to buy some stuff, so I wouldn't recon gambling ...

[lynn_402]

Buy Bitcoin, then buy mining gear when its value jumped 2x

[E.exchanger]

This is the perfect time for buying in what are you even waiting for maybe you are waiting for btc to fall more umm well it might fall according to the market experts btc might fall to 266$ so buy at any point you feel is right and then a long hold and iam sure it will again have its time when we will be seeing a stable 1000$

[orcanice]

Thanks for the nice replys. I have another question.

Is there a way I can make an offline/paper wallet that I can keep adding coins to, while it's stored in a bank safe?

[lynn_402]

Thanks for the nice replys. I have another question.

Is there a way I can make an offline/paper wallet that I can keep adding coins to, while it's stored in a bank safe?

You can do that with any paper wallet, just keep the deposit address that is tied with your private key on your computer and you'll always be able to send to it and check its balance on the blockchain explorer.

[elavenil]

Buy BTC with your cash. You can purchase more than 2 bit-coins right with this price.

[MonkeyDOH]

Buy a ticket plane then go visit another country
or
Buy BTC now

[lynn_402]

Buy a ticket plane then go visit another country
or
Buy BTC now

Buy a plane ticket with Bitcoin!
http://www.cheapair.com/

[PangPang]

Hi guys, i have around $1100 to spend on something,

so ive been thinking on buying a new miner or build a gaming pc with (AMD cards so it can mine at night)

What do you guys think i should do?


a miner wont be a problem for me since i have free electricity.

Thanks

I would prefer directly buying bitcoin over buying ASICs / GPUs.
It is almost not possible to get profits mining bitcoin, and it is difficulty to get profits mining scrypt coins with more and more scrypt ASICs.

[Sindelar1938]

Just buy some btc
Over time diversify into other cryptos

[apsvinet]

Buy now! You can get 2 whole btcs and some more. Quick, before the price doubles!

[lynn_402]

Buy now! You can get 2 whole btcs and some more. Quick, before the price doubles!

Don't try to pressurize like that, this makes the community sound like a ponzi scheme.

[apsvinet]

Buy now! You can get 2 whole btcs and some more. Quick, before the price doubles!

Don't try to pressurize like that, this makes the community sound like a ponzi scheme.

He asked for advice and I gave him my personal advice. If someone actually is dumb enough to think that the whole community is a ponzi scheme I really don't think we need them anyways, now do we? My point is investing during the rise is the best way to go, and waiting will result in the prices being higher ( obviously ) and less profit to be made. He's not asking what fun thing he can do with his money, but for investment advice.

[Inkvor]

May be you can buy dogecoin and keep them  just a suggestion .

[dogechode]

Hi guys, i have around $1100 to spend on something,

so ive been thinking on buying a new miner or build a gaming pc with (AMD cards so it can mine at night)

What do you guys think i should do?


a miner wont be a problem for me since i have free electricity.

Thanks

Buy $1100 of a decent stock that pays dividends and forget it exists for a while.

Oh but assuming you MUST do something crypto-related with it, I wouldn't venture into mining at this stage... You would be better off to convert the 1100 to btc and hold that or speculate by buying altcoins honestly... Getting into mining at this point (or adding equipment even if you already have some) is a major gamble. You may not ever break even on the investment.

[lynn_402]

May be you can buy dogecoin and keep them  just a suggestion .

+1000
OP might like to see Dogecoin's subreddit to understand why: http://www.reddit.com/r/dogecoin/

[apsvinet]

May be you can buy dogecoin and keep them  just a suggestion .

+1000
OP might like to see Dogecoin's subreddit to understand why: http://www.reddit.com/r/dogecoin/

It's fun to see that a coin based on something as fun and laid back as Doge is turning into something serious.

[lynn_402]

May be you can buy dogecoin and keep them  just a suggestion .

+1000
OP might like to see Dogecoin's subreddit to understand why: http://www.reddit.com/r/dogecoin/

It's fun to see that a coin based on something as fun and laid back as Doge is turning into something serious.

Yep, and still manages to stay fun and laid back at the same time!

[jparsley]

U should buy a miner since u have free electricity

[vnvizow]

Don't mine at night, you might burn down the house. But a gaming pc sounds fine, or maybe you can buy some bitcoins and wait for the next spike 

[apsvinet]

Don't mine at night, you might burn down the house. But a gaming pc sounds fine, or maybe you can buy some bitcoins and wait for the next spike 

Is there really that big of a chance that your miners catch on fire? Must be countless solutions to the fire risk. Otherwise you can't leave your house either, which would suck.

[dogechode]

Don't mine at night, you might burn down the house.

Dude, you need to set up temperature controls lol. Set it up in your batch file or config to throttle down if it reaches X degrees or shut it down entirely if it reaches Y degrees. The exact temp depends on your card; I am mostly running 290s so they can take higher temps than other cards. Of course I have never actually had them go even close to the red zone temps because I have good airflow set up.

[apsvinet]

Don't mine at night, you might burn down the house.

Dude, you need to set up temperature controls lol. Set it up in your batch file or config to throttle down if it reaches X degrees or shut it down entirely if it reaches Y degrees. The exact temp depends on your card; I am mostly running 290s so they can take higher temps than other cards. Of course I have never actually had them go even close to the red zone temps because I have good airflow set up.

That was what I thought would be the solution as well, who would mine with the risk of his house burning down?

[samuelseidel]

Buy computer with Nvidia Maxwell cards. Best choose. 

[Swordsoffreedom]

Buy Bitcoins
Sorry traditional one XD
That or maybe get a 100 dollars each of Doge FTC LTC NMC Mastercoin QRK 500 dollars aka 1 bitcoin and 100 Dollars in another random coin

[cookiemonsterwhat]

Buy Bitcoins
Sorry traditional one XD
That or maybe get a 100 dollars each of Doge FTC LTC NMC Mastercoin QRK 500 dollars aka 1 bitcoin and 100 Dollars in another random coin

Buying bitcoins when its low, yes thats the best way into the btc game.

Esp the news when heartbleed bug price dropped and other significant news.

[Salmon1989]

Hi guys, i have around $1100 to spend on something,

so ive been thinking on buying a new miner or build a gaming pc with (AMD cards so it can mine at night)

What do you guys think i should do?


a miner wont be a problem for me since i have free electricity.

Thanks

Even if you have free electricity, IMO, it is better to buy bitcoin directly as the difficulty is rising quickly.

[sovize]

just spend some money on your Girl Friend and enjoy a LOT LOL

better buy some BTC and sell once price go higher

anyways stay away from gambling its not good way to spend money

take care

[hunter001]

Buy me a beer

[AndriusCep]

just spend some money on your Girl Friend and enjoy a LOT LOL

better buy some BTC and sell once price go higher

anyways stay away from gambling its not good way to spend money

take care

I dont see anything wrong to gamble like ~100$ and to spend/invest 1000$,
 but Id stay away for some time from investing to btc since theyre very very unstable atm and there is a lot speculations that cryptocurrency is future but that dont mean that its btc ^^

[umaOuma]

If you dont have gaming rig already, buying one is best option. Mining altcoins when you dont playing mean all day fun - you can exchange the altcoins to Bitcoin

[precrime3]

Hi guys, i have around $1100 to spend on something,

so ive been thinking on buying a new miner or build a gaming pc with (AMD cards so it can mine at night)

What do you guys think i should do?


a miner wont be a problem for me since i have free electricity.

Thanks

Would buy personally litecoins, as more potential IMO

[Rampton]

I'd spend it on bitcoins and some other alts while the prices are low.

[samueljack24]

Always keep on investing! Got into this bitcoin thing not too long ago. By the looks of it, it's a great time to buy some. Also posting because of the beginners thing xD.

[apsvinet]

Buy me a beer

A 1100 usd beer? Heck, I'll have one too.

[dogechode]

If you are still planning to go ahead with building a mining rig, I am considering downsizing a bit and could possibly sell you a few items if you're interested. I have a ton of R9 290s, 1000watt evga gold psu, etc...

[techuniverse]

Buy an ASIC?

[fatguyyyyy]

Buy an ASIC?

I wouldnt advise it, esp the asic race can more then $1,100.

And you a relying on the price to go up in a short amount of time.

[jodybay]

i think you should invest it on gold or silver since gold and silver price isnot going down its not advisable to mine at the moment because btc price is not good or buy btc at lower price

[sanjoea]

If you want to invest to get some interest , you can give it to me for one month i will return with interest

[Sonny]

Buy an ASIC?

I wouldnt advise it, esp the asic race can more then $1,100.

And you a relying on the price to go up in a short amount of time.

+1.
If you expect price to go up, you can and should just buy bitcoin.

[apsvinet]

If you want to invest to get some interest , you can give it to me for one month i will return with interest

Ew, are you running your own investment scheme? That's gonna end up giving you bad reputation around here, just warning ya.

[Rampton]

If you want to invest to get some interest , you can give it to me for one month i will return with interest

Ew, are you running your own investment scheme? That's gonna end up giving you bad reputation around here, just warning ya.

lol maybe he was joking.

[apsvinet]

If you want to invest to get some interest , you can give it to me for one month i will return with interest

Ew, are you running your own investment scheme? That's gonna end up giving you bad reputation around here, just warning ya.

lol maybe he was joking.

Maybe indeed. Though it wasn't clear enough to expect everyone to get it, I'm just warning him.

[MUFC]

If you want to invest to get some interest , you can give it to me for one month i will return with interest

Ew, are you running your own investment scheme? That's gonna end up giving you bad reputation around here, just warning ya.

lol maybe he was joking.

Maybe indeed. Though it wasn't clear enough to expect everyone to get it, I'm just warning him.

I reckon a joke but you never can tell on here lol.

[apsvinet]

If you want to invest to get some interest , you can give it to me for one month i will return with interest

Ew, are you running your own investment scheme? That's gonna end up giving you bad reputation around here, just warning ya.

lol maybe he was joking.

Maybe indeed. Though it wasn't clear enough to expect everyone to get it, I'm just warning him.

I reckon a joke but you never can tell on here lol.

It's hard when there are people on this forum who would suggest that without joking whatsoever.

[Rampton]

If you want to invest to get some interest , you can give it to me for one month i will return with interest

Ew, are you running your own investment scheme? That's gonna end up giving you bad reputation around here, just warning ya.

lol maybe he was joking.

Maybe indeed. Though it wasn't clear enough to expect everyone to get it, I'm just warning him.

I reckon a joke but you never can tell on here lol.

It's hard when there are people on this forum who would suggest that without joking whatsoever.

Thats true. Lot of scammers here looking to make easy money.

[MUFC]

Too many scammers about.

[apsvinet]

If you want to invest to get some interest , you can give it to me for one month i will return with interest

Ew, are you running your own investment scheme? That's gonna end up giving you bad reputation around here, just warning ya.

lol maybe he was joking.

Maybe indeed. Though it wasn't clear enough to expect everyone to get it, I'm just warning him.

I reckon a joke but you never can tell on here lol.

It's hard when there are people on this forum who would suggest that without joking whatsoever.

Thats true. Lot of scammers here looking to make easy money.

But hell if anyone wants to send me 2 btc I'll gladly promise that i'll do something useful with it, haha.

[RobFordWotWot]

If you want to invest to get some interest , you can give it to me for one month i will return with interest

Ew, are you running your own investment scheme? That's gonna end up giving you bad reputation around here, just warning ya.

lol maybe he was joking.

Maybe indeed. Though it wasn't clear enough to expect everyone to get it, I'm just warning him.

I reckon a joke but you never can tell on here lol.

It's hard when there are people on this forum who would suggest that without joking whatsoever.

Thats true. Lot of scammers here looking to make easy money.

But hell if anyone wants to send me 2 btc I'll gladly promise that i'll do something useful with it, haha.

[apsvinet]

If you want to invest to get some interest , you can give it to me for one month i will return with interest

Ew, are you running your own investment scheme? That's gonna end up giving you bad reputation around here, just warning ya.

lol maybe he was joking.

Maybe indeed. Though it wasn't clear enough to expect everyone to get it, I'm just warning him.

I reckon a joke but you never can tell on here lol.

It's hard when there are people on this forum who would suggest that without joking whatsoever.

Thats true. Lot of scammers here looking to make easy money.

But hell if anyone wants to send me 2 btc I'll gladly promise that i'll do something useful with it, haha.

:O
USD used to do drugs! It's the currency of the devil!
Srsly tho, I would like to see someone do that with a bitcoin.

[LiteCoinGuy]

Hi guys, i have around $1100 to spend on something,

so ive been thinking on buying a new miner or build a gaming pc with (AMD cards so it can mine at night)

What do you guys think i should do?


a miner wont be a problem for me since i have free electricity.

Thanks

build a Litecoin-Miner

[precrime3]

Hi guys, i have around $1100 to spend on something,

so ive been thinking on buying a new miner or build a gaming pc with (AMD cards so it can mine at night)

What do you guys think i should do?


a miner wont be a problem for me since i have free electricity.

Thanks

build a Litecoin-Miner

Why build a miner when you can preorder some ASICs that are bound to hit in the next couple of months?

[ainsey11]

I would buy a mining rig then start mining cashien coin!

It's a stable coin and is worth a lot of money the dev's are great and the coin has come along in leaps and bounds.It's on several exchanges and is actually worth something!

Come over to #Cashien on irc.freenode.net to win some free coins


CM1243HPh1qnGy5jwuLjSizTc2SoHhus1T

[Nobitcoin]

Invest in newest coin then sell at peak

[mkendall82]

Spend them on anything you want but don't buy a new miner. It's the worst idea.

[apsvinet]

Invest in newest coin then sell at peak

I would rly not recommend that, alt coins are so uncertain.

[Simon8x]

Invest in newest coin then sell at peak

Most of the past coins have failed and most of the new coins will fail.
Also, it is very hard to tell when the price reaches peak.

[precrime3]

Invest in newest coin then sell at peak

Most of the past coins have failed and most of the new coins will fail.
Also, it is very hard to tell when the price reaches peak.

Thats true. What I do is I look into a coin, I ask myself "Do I see myself actually legitimately using this coin in a couple months, or even a year? Does it have a strong dev and community?" Stuff like that. When you actually research coins, your bets are much safer. If your in it for a quick buck, market manipulation is probably more of your thing, you could ask to join a private pump group or something.

[Dogtanian]

Invest in newest coin then sell at peak

Most of the past coins have failed and most of the new coins will fail.
Also, it is very hard to tell when the price reaches peak.

How do you know what coin is going to be a success? Most people miss out on the pump and dumps then you've lost all your money and the devs and dumpers move on to the next.

[apsvinet]

I am an admitted newbie with Bitcoins and crypto-currencies in general.  With very little research and only a vague understanding, here is what I have done thus far...   

Invested $400 on trading shares at Bitcoin-trader.biz.  I had to do this in a round-about way because you can't just put in your credit card number, you have to go through an exchange service first, or pay with Bitcoins.  I joined Coinbase (see below) and paid for my shares using Bitcoins.  There were some nominal fees involved in the process, but I felt they were acceptable.

Since their inception in November, 2013, the trading shares at Bitcoin-trader.biz have been realizing returns of over 1% most trading days and you even get your initial investment back after 120 days if you buy the trading shares.  Too good to be true?  Maybe...  worth the risk?  Maybe...  Personally, I put a chunk of change in there for fun just to see and I am hoping they don't Gox me.

There is a thread devoted to them on this site.  Here is a link:  https://bitcointalk.org/index.php?topic=393570.0

If you do decide to sign up and purchase shares, I would greatly appreciate it if you use my referral link: https://bitcoin-trader.biz/?ref=thegoodlife

I then went back to Coinbase and bought Bitcoins with the remainder of my money... they charge a small fee and can be used to buy coins from USD via your bank account.  If you use the link below when you join, they will give both you and I an extra $5 of Bitcoin when you complete your first buy of $100 or more:

https://coinbase.com/?r=533b275e356e0d97950000d0&utm_campaign=user-referral&src=referral-link

So I bought like 1.25 Bitcoins.

I then joined Bter.com, which is a site that facilitates trading between various different coins and currencies.  I transferred .1 Bitcoin to my account there just to play around with.  I bought small amounts of several of the different coins that I have heard alot of buzz about.  Here is a referal link to Bter.com:

https://bter.com/ref/185271

I bought some Blackcoin (BC), Mintcoin (MINT), Nextcoin (NXT), Vertcoin (VTC), and Worldcoin (WDC) all in VERY small amounts.  This is just what I did and I am comfortable with it so far.  Obviously, there are many other altcoins out there and most if not all will end up in the toilet.  That being said, I am risking a small amount on the ones listed above. 

Going forward, I plan to invest a set amount weekly ($20 or more when I have extra) into Bitcoin to hold long term, and a small portion into various alt coins as a speculative measure just because it is so fun for me to do so.  I also plan to reinvest the profits from my trading shares at bitcoin-trader.biz back into more trading shares and letting them compound. 

Hope it may be helpful to someone in some way.

Careful linking your referral link only, might not be allowed.

[Bitcoin Phoenix]

I am an admitted newbie with Bitcoins and crypto-currencies in general.  With very little research and only a vague understanding, here is what I have done thus far...   

Invested $400 on trading shares at Bitcoin-trader.biz.  I had to do this in a round-about way because you can't just put in your credit card number, you have to go through an exchange service first, or pay with Bitcoins.  I joined Coinbase (see below) and paid for my shares using Bitcoins.  There were some nominal fees involved in the process, but I felt they were acceptable.

Since their inception in November, 2013, the trading shares at Bitcoin-trader.biz have been realizing returns of over 1% most trading days and you even get your initial investment back after 120 days if you buy the trading shares.  Too good to be true?  Maybe...  worth the risk?  Maybe...  Personally, I put a chunk of change in there for fun just to see and I am hoping they don't Gox me.

There is a thread devoted to them on this site.  Here is a link:  https://bitcointalk.org/index.php?topic=393570.0

If you do decide to sign up and purchase shares, I would greatly appreciate it if you use my referral link: https://bitcoin-trader.biz/?ref=thegoodlife

I then went back to Coinbase and bought Bitcoins with the remainder of my money... they charge a small fee and can be used to buy coins from USD via your bank account.  If you use the link below when you join, they will give both you and I an extra $5 of Bitcoin when you complete your first buy of $100 or more:

https://coinbase.com/?r=533b275e356e0d97950000d0&utm_campaign=user-referral&src=referral-link

So I bought like 1.25 Bitcoins.

I then joined Bter.com, which is a site that facilitates trading between various different coins and currencies.  I transferred .1 Bitcoin to my account there just to play around with.  I bought small amounts of several of the different coins that I have heard alot of buzz about.  Here is a referal link to Bter.com:

https://bter.com/ref/185271

I bought some Blackcoin (BC), Mintcoin (MINT), Nextcoin (NXT), Vertcoin (VTC), and Worldcoin (WDC) all in VERY small amounts.  This is just what I did and I am comfortable with it so far.  Obviously, there are many other altcoins out there and most if not all will end up in the toilet.  That being said, I am risking a small amount on the ones listed above. 

Going forward, I plan to invest a set amount weekly ($20 or more when I have extra) into Bitcoin to hold long term, and a small portion into various alt coins as a speculative measure just because it is so fun for me to do so.  I also plan to reinvest the profits from my trading shares at bitcoin-trader.biz back into more trading shares and letting them compound. 

Hope it may be helpful to someone in some way.

Careful linking your referral link only, might not be allowed.

My apologies if my post violated any forum rules.  I am new here and just learning the system.  The generic sign-up links of the websites I posted referral links to are listed below (if you use these, neither of us will get any type of referral bonus though 

Coinbase:   https://coinbase.com/signup
Bitcoin-trader.biz:   https://bitcoin-trader.biz/signup.php
Bter.com:   https://bter.com/

I would also like to add that if anyone has any suggestions or comments regarding my strategy (or lack thereof), they would be most welcome.  Thanks.

Bitcoin Phoenix   

[apsvinet]

I am an admitted newbie with Bitcoins and crypto-currencies in general.  With very little research and only a vague understanding, here is what I have done thus far...   

Invested $400 on trading shares at Bitcoin-trader.biz.  I had to do this in a round-about way because you can't just put in your credit card number, you have to go through an exchange service first, or pay with Bitcoins.  I joined Coinbase (see below) and paid for my shares using Bitcoins.  There were some nominal fees involved in the process, but I felt they were acceptable.

Since their inception in November, 2013, the trading shares at Bitcoin-trader.biz have been realizing returns of over 1% most trading days and you even get your initial investment back after 120 days if you buy the trading shares.  Too good to be true?  Maybe...  worth the risk?  Maybe...  Personally, I put a chunk of change in there for fun just to see and I am hoping they don't Gox me.

There is a thread devoted to them on this site.  Here is a link:  https://bitcointalk.org/index.php?topic=393570.0

If you do decide to sign up and purchase shares, I would greatly appreciate it if you use my referral link: https://bitcoin-trader.biz/?ref=thegoodlife

I then went back to Coinbase and bought Bitcoins with the remainder of my money... they charge a small fee and can be used to buy coins from USD via your bank account.  If you use the link below when you join, they will give both you and I an extra $5 of Bitcoin when you complete your first buy of $100 or more:

https://coinbase.com/?r=533b275e356e0d97950000d0&utm_campaign=user-referral&src=referral-link

So I bought like 1.25 Bitcoins.

I then joined Bter.com, which is a site that facilitates trading between various different coins and currencies.  I transferred .1 Bitcoin to my account there just to play around with.  I bought small amounts of several of the different coins that I have heard alot of buzz about.  Here is a referal link to Bter.com:

https://bter.com/ref/185271

I bought some Blackcoin (BC), Mintcoin (MINT), Nextcoin (NXT), Vertcoin (VTC), and Worldcoin (WDC) all in VERY small amounts.  This is just what I did and I am comfortable with it so far.  Obviously, there are many other altcoins out there and most if not all will end up in the toilet.  That being said, I am risking a small amount on the ones listed above. 

Going forward, I plan to invest a set amount weekly ($20 or more when I have extra) into Bitcoin to hold long term, and a small portion into various alt coins as a speculative measure just because it is so fun for me to do so.  I also plan to reinvest the profits from my trading shares at bitcoin-trader.biz back into more trading shares and letting them compound. 

Hope it may be helpful to someone in some way.

Careful linking your referral link only, might not be allowed.

My apologies if my post violated any forum rules.  I am new here and just learning the system.  The generic sign-up links of the websites I posted referral links to are listed below (if you use these, neither of us will get any type of referral bonus though 

Coinbase:   https://coinbase.com/signup
Bitcoin-trader.biz:   https://bitcoin-trader.biz/signup.php
Bter.com:   https://bter.com/

I would also like to add that if anyone has any suggestions or comments regarding my strategy (or lack thereof), they would be most welcome.  Thanks.

Bitcoin Phoenix   

It's ok, I think as long as you provide an alternative to your referral link it's ok, at least I've been able to do it.

[Orthy]

Buy Bitcoins!!!
You can buy >2BTC for this price! You can always try a link from my sig

I'll say wait for a month and you'll be able to buy more >3btc by then end of april.. it might go up a lil in first week but at the end you'll be able to..! But i don't think op here want to Buy bitcoins he is more into mining which is a long term investment..!

There are some pretty big walls on the way to <300. Even 420 has a ~ 3200 BTC wall.

My advice would be:
- invest part of the money in a good book about trading ~50 should do it. (there are plenty of tipps in the speculation part)
- get yourself a nice gaming/mining rig ~1000
- buy bitcoins / altcoins with the rest ~50

This way you learn how to trade (thus make more out of your investment, but can stay cool all the way because you didnt put all your eggs in one basket), can mine at night and still have something to do while waiting for the right price (e.g. playing your favorite game) to trade.

Wow, +1 . A pretty nice advice. Will keep this noted.

Investing in trading know-hows and experience, while earning with a mining rig, and practicing trading with bitcoins and altcoins will really get you to the moon. Thanks.