maximoripani
Posts: 2
Joined: Mon Aug 21, 2017 4:12 am

Help - I want to invest

Mon Aug 21, 2017 4:19 am

Hello I'm had made a lot of reasearches and I can't figure which is better for me, should I buy bitcoin, or should I mine (in a cloud) bitcoin. Also i want to invest in other criptocurrencies. I will really apreciate your answer.
Than you so much

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coinsmaniac
Posts: 4
Joined: Sun Aug 27, 2017 1:55 pm

Re: Help - I want to invest

Sun Aug 27, 2017 2:15 pm

Bitcoin investment may seem very complicated sometimes. And what to choose is difficult question.

Firstly, I would like to start with mining. It requires pretty big initial investment for hardware to get the high hash rate needed for mining. As well electricity bills are going to reach the sky. So sometimes mining isn't very profitable. It very depends on the prices of hardware and electricity you can get.

Buying and holding is probably more profitable now. Since Bitcoin price is going up so strong, it really makes sense to acquire Bitcoins.

You can try to trade cryptocurrencies also, but that needs a lot of time for researching, reading, learning. Probably you need it to become full-time to see significant results.

Sure, you've more options such as investing your cryptocurrency in stock markets, or lending bitcoin for high interest rate, but that have a lot of risks and you may to suffer financial loses.

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bitkilo
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Donate BTC of your choice to 1DJcTrvdGsmKr7LdriVizkVmkcXWoG12nt

Re: Help - I want to invest

Wed Aug 30, 2017 3:17 pm

You should invest in physical miners rather than investing in a cloud mining operation as majority are scam. You should look for mainstream currencies at the start like bitcoin, ethereum, zcash & dash. you can easily invest in bitcoin using localbitcoins.com purchase bitcoins from your local traders and then shift those bitcoins to poloniex or bittrex and purchase other cryptos with your bitcoins and increase your portfolio ;)
True there have been many scam mining pools in the past but there is also the legitimate ones too, you just need to do your homework as with any form of investing.

We have our own mining pool that is definitely not a scam, pool.bitcoin.com
I think we are also the highest paying pool again die to our 110% block reward bonus we pay.
Please help Ross and his family during this hard time by donating to the https://freeross.org/ fund. Play at the best provably fair Bitcoin games site here: games.bitcoin.com Need a fantastic Bitcoin wallet Pick up some great Bitcoin.com swag here

OneChain
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Re: Help - I want to invest

Sat Sep 02, 2017 8:02 pm

Set aside a small percentage of your money you are not afraid to lose and play around with that.
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