$30,000 on mining or spent on buying coins?

[Lauda]

Only invest what you can afford to lose. My suggestion would be to buy Bitcoins and hold for 1-2 years minimum.

[1715379347]

1715379347

[1715379347]

1715379347

[silvestar]

Only invest what you can afford to lose. My suggestion would be to buy Bitcoins and hold for 1-2 years minimum.

+1.
You should consider it a long-term investment, so don't need to get happy when the price go up 10% a day or get worried when the price go down 10% a day. Just relax and check the price every once in a while

[fattypig]

Buy BTC is the way to go..

[w00tcoin]

Keep in mind that without miners - crypto dies.

We NEED miners.

I say spend your money ALL on mining gear.

Just buy the right stuff.

SO MUCH out there is over priced and ridiculous.

If you find the RIGHT gear (and know when to move it and upgrade) then you will be fine.

[Yuki1988]

Keep in mind that without miners - crypto dies.

True.
But even with people quitting, difficulty will drop and mining profitability will go up. So, the mining market will become stable sooner or later.

[Lauda]

Keep in mind that without miners - crypto dies.

We NEED miners.

I say spend your money ALL on mining gear.

Just buy the right stuff.

SO MUCH out there is over priced and ridiculous.

If you find the RIGHT gear (and know when to move it and upgrade) then you will be fine.

Don't listen to this guy. He has a limited amount of knowledge and understanding. Investing everything in mining will likely never even ROI.

[ChuckBuck]

Keep in mind that without miners - crypto dies.

We NEED miners.

I say spend your money ALL on mining gear.

Just buy the right stuff.

SO MUCH out there is over priced and ridiculous.

If you find the RIGHT gear (and know when to move it and upgrade) then you will be fine.

Don't listen to this guy. He has a limited amount of knowledge and understanding. Investing everything in mining will likely never even ROI.

Hell yea, $30k gets you 20 TH/s worth of miners from Spondoolies lowering my already measly shares, keep him away from my pool!   

[MarketNeutral]

To any potential 'investors':

'Tis best to buy bitcoins with the money. Don't buy any mining equipment now, because you will regret it.

If you are determined to buy mining hardware, then at least wait until next month when my company unveils the latest and greatest double sha256 miner ever. Seriously, it'll be worth the wait.  

You may want to take some cash and buy bitcoins now, however, since that now-famous log price chart suggests the price may rise soon. I tend to side with contrarians, so I'm ambivalent.

Or at least dollar-cost average into the market, a strategy works well in most secular bull markets.

[jimmothy]

next month when my company unveils the latest and greatest double sha256 miner ever

Specs?

[Lauda]

next month when my company unveils the latest and greatest double sha256 miner ever

Specs?

Which company is he referring to?

[nuff]

Keep in mind that without miners - crypto dies.

We NEED miners.

I say spend your money ALL on mining gear.

Just buy the right stuff.

SO MUCH out there is over priced and ridiculous.

If you find the RIGHT gear (and know when to move it and upgrade) then you will be fine.

Don't listen to this guy. He has a limited amount of knowledge and understanding. Investing everything in mining will likely never even ROI.

Yes, don't listen to the people telling you to mine. Listen to the people telling you NOT to mine *checks to see those ants are running*

Seriously, leave the mining to those already invested. We miners don't need difficulty to go up anymore than it already is, every newcomer miner that joins in further decrease the amount of bitcoins mined, it's a lose-lose scenario

[expert-lister]

there are several ways to double your money in BTC business but you have to enough knowledge about your work, price, trading, ASIC companies etc...

[precrime3]

there are several ways to double your money in BTC business but you have to enough knowledge about your work, price, trading, ASIC companies etc...

They're all very risky however, so yeah I guess if you had information, some luck, and some guts, I guess it could happen. But mining or buying coins are the safest options.

[timk225]

I've been telling people for the last year to not buy ASICs and why, but they refuse to listen, then they cry when BTC hits 7 BILLION difficulty.   I was right all along.

[expert-lister]

there are several ways to double your money in BTC business but you have to enough knowledge about your work, price, trading, ASIC companies etc...

They're all very risky however, so yeah I guess if you had information, some luck, and some guts, I guess it could happen. But mining or buying coins are the safest options.

Yes, Exactly. My suggestion for starter is just buy BTC, don't trade it if you want safety money,

[gagalady]

Buy coins for your $30000, that's the only right way in my opinion. maybe in a year or so It should be like $1000-$1500 or more so you should double or even triple your investment but It still has a risk factor like every profitable investment.

[samsonn25]

At least bitcoins wont depreciate 15% every 10 days like asic hardware.

[samsonn25]

I would start an investment journal like here: https://bitcointalk.org/index.php?topic=406112.0

Guy has 10,000 USD worth of HBN, with 2% returns every 10 days That's $600 every 10days for you... thats at current market prices for HBN (hobonickels). Hobonickels has a strong community behind it, and many believe it will still go up. Besides HBN this would be my personal journal with 30K

• 8500USD >LTC
• 4000 USD > VERT
• 3000 USD > Peercoin
• 2500USD >BTC
• 1500USD > FTC
• 1500 USD > DOGE
• 1500 USD > Darkcoin
• 1500 USD> Maxcoin
• 1500 USD> Fluttercoin
• 1500 USD > Devcoin
• 1500 USD > Goldcoin

DISCLAIMER: AM NOT A BAGHOLDER

For $10000 2% every 10 days is $200 not $600.

[fattypig]

Buy BTC... unless it already hit $1,000 when you read this...

[manicminer5]

Buy BTC