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Author Topic: Hi, I'm new to the BTC scene  (Read 2352 times)
MrBtcSenior
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July 21, 2014, 08:47:34 PM
 #21

Do you think that buy and hold is the best option only in this particular period or will be the same also in the future?

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whitefly
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July 21, 2014, 09:01:40 PM
 #22

Hey there Jenna, and welcome Smiley
Enjoy your stay here, and read some sticky topics.
zhinkk
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July 21, 2014, 09:05:16 PM
 #23

Do you think that buy and hold is the best option only in this particular period or will be the same also in the future?

If you believe in bitcoin, it should be the general rule for a while. Bitcoin is limited in supply and generally, if it "succeeds", will be worth way more in the future than it is now.
burekzastonj
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July 21, 2014, 09:05:20 PM
 #24

Hi Jenna and wellcome to the BTC world, it will be a bit hard to get any ''free'' BTC, but you may earn some (i don't recommend you to mine them since it can be really hard to get any without a decent investment in mining gear). Enjoy staying here Wink
JennaK (OP)
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July 21, 2014, 09:05:28 PM
 #25

Thank you Smiley
JennaK (OP)
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July 21, 2014, 09:20:42 PM
 #26

What would be a good sha256 investment? I'm Canadian and I'd like to buy from Canada. Would be cool to be able to use my credit card too.
cinnamon_carter
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July 21, 2014, 09:22:28 PM
 #27

congratulations

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Magicman420
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July 21, 2014, 09:50:42 PM
 #28

Welcome.. Never been to Canada Sad
JennaK (OP)
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July 21, 2014, 09:53:29 PM
 #29

Canada is beautiful during the summer!
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July 21, 2014, 09:54:21 PM
 #30

YOu are not out of place, ui are just late to the party  Wink warm welcome to the community
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July 21, 2014, 10:01:24 PM
 #31

What would be a good sha256 investment? I'm Canadian and I'd like to buy from Canada. Would be cool to be able to use my credit card too.
Muhammed Zakir
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July 22, 2014, 02:48:05 AM
 #32

Hi! Welcome to Bitcointalk. I am from Kerala,India. So are you going to mine BTC or earn from other things like faucet?
Kindly,
      MZ

soccosocco
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July 22, 2014, 05:49:04 AM
 #33

yes Greetings also jenna
I am also new on bitcoin, precisely in the month of april
I'm male and I am from Bogor, Indonesia
I am looking for BTC of signatures, trading etc..
But not faucet because it's a very long collect BTC
FattyMcButterpants
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July 22, 2014, 05:58:54 AM
 #34

What would be a good sha256 investment? I'm Canadian and I'd like to buy from Canada. Would be cool to be able to use my credit card too.

what are you talking about specifically.... miners? to be honest, the big farms will always be 10 steps ahead of you, and they will kill your ROI. but, i could be wrong, too. Smiley
whitefly
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July 22, 2014, 03:20:03 PM
 #35

What would be a good sha256 investment? I'm Canadian and I'd like to buy from Canada. Would be cool to be able to use my credit card too.

what are you talking about specifically.... miners? to be honest, the big farms will always be 10 steps ahead of you, and they will kill your ROI. but, i could be wrong, too. Smiley
Generally, bitcoin mining is dead for individuals, however, there are some altcoins which may be mined with profit.
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July 22, 2014, 03:57:34 PM
 #36

What would be a good sha256 investment? I'm Canadian and I'd like to buy from Canada. Would be cool to be able to use my credit card too.

what are you talking about specifically.... miners? to be honest, the big farms will always be 10 steps ahead of you, and they will kill your ROI. but, i could be wrong, too. Smiley
Generally, bitcoin mining is dead for individuals, however, there are some altcoins which may be mined with profit.

Who told you 'bitcoin mining is dead for individuals' ? Huh Smiley Many people are still mining. The problem is you will have to buy best miners on the market, which will cost you some $$$ . You can't tell it is dead but you can tell it is dead for individuals with small hash rate. Smiley

Kindly,
      MZ

Minnlo
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July 22, 2014, 04:18:13 PM
 #37

What would be a good sha256 investment? I'm Canadian and I'd like to buy from Canada. Would be cool to be able to use my credit card too.

what are you talking about specifically.... miners? to be honest, the big farms will always be 10 steps ahead of you, and they will kill your ROI. but, i could be wrong, too. Smiley
Generally, bitcoin mining is dead for individuals, however, there are some altcoins which may be mined with profit.

Who told you 'bitcoin mining is dead for individuals' ? Huh Smiley Many people are still mining. The problem is you will have to buy best miners on the market, which will cost you some $$$ . You can't tell it is dead but you can tell it is dead for individuals with small hash rate. Smiley

Kindly,
      MZ

The problem is that you can hardly get any profit from buying those ASICs, after considering the increasing difficulty and your electricity bills.

redHeadBlunder
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July 22, 2014, 04:21:32 PM
 #38

What would be a good sha256 investment? I'm Canadian and I'd like to buy from Canada. Would be cool to be able to use my credit card too.

what are you talking about specifically.... miners? to be honest, the big farms will always be 10 steps ahead of you, and they will kill your ROI. but, i could be wrong, too. Smiley
Generally, bitcoin mining is dead for individuals, however, there are some altcoins which may be mined with profit.

Who told you 'bitcoin mining is dead for individuals' ? Huh Smiley Many people are still mining. The problem is you will have to buy best miners on the market, which will cost you some $$$ . You can't tell it is dead but you can tell it is dead for individuals with small hash rate. Smiley

Kindly,
      MZ

The problem is that you can hardly get any profit from buying those ASICs, after considering the increasing difficulty and your electricity bills.
Today bitcoin mining is a zero sum game. The real only way yo profit from mining is if you have cheaper then average electricity or free electricity available.
Minnlo
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July 22, 2014, 04:24:41 PM
 #39

The real only way yo profit from mining is if you have cheaper then average electricity or free electricity available.

But then, it will make bitcoin mining more and more centralized as only those with significant money to buy newest ASICs and cheap electricity will join the game.

JennaK (OP)
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July 22, 2014, 04:25:50 PM
 #40

Where could I buy a S2 or S3 miner in Canada for cheap!?
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