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Topic: I have 3 Million USD to invest into Crypto Currency - How should I do it? (Read 19959 times)

legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules
I don't believe a man who has gained 3M USD would ask an advice about investments on forum Grin

+100 :PP

you might not believe it but perhaps he was asking the advice so that he knows what NOT to invest in

 Grin


ps - this necro thread will never DIE!!
newbie
Activity: 15
Merit: 0



I am in a situation where I must make some decisions on how to proceed with a budgeted investment into Crypto currencies.

Our group is looking to speak with all equipment manufacturers and anyone who might have some splendid ideas on how to best
capitalize on crypto.  

Specifically, we wish to entertain all avenues of investment.

Note that this investment can grow to as much as 10M over time however as a group we have elected to begin with 3M and take things
in stride.

We are wanting to see who can offer the best mining hardware and at the best price. Don't bother offering me used gear and/or crazy high prices for 1.4Th units etc...

We are also looking into ATM machines and establishing an ATM network for Crypto-Currency etc.

Feel free to contact me on skype: host.wanted

No phone calls please.  If you skype me I can give you my email address as a first form of contact, and then we can maybe get on a call.

I own a few datacenters so Im looking to fill them with my own equipment as well as other peoples colo bitcoin rigs and the like.

So the question of this thread is:  IF YOU HAD 3M, what would YOU do with it in Crypto?  let's get the creative juices flowing and see where it goes.

Ya'll ready?





We are also a Multi Million op and were on this forum so I think he might be for real. I might ask a programming question or something else but ya prob not a  good place for finance
hero member
Activity: 663
Merit: 501
check this video out if anyone is interested in minning.

http://www.onesavvybusiness.com

Holy dead thread resurrection. SCAM, SCAM and more SCAM!!!!!
legendary
Activity: 1036
Merit: 1001
/dev/null
I don't believe a man who has gained 3M USD would ask an advice about investments on forum Grin

+100 :PP
full member
Activity: 136
Merit: 100
If you really do have $3M to work with and you are bent on mining, I'd be looking at ways to minimize electric cost. You could then either use the cheap electric to mine yourself or you could offer some kind of colocation / miner leasing service to customers.

You might be able to save a lot of money on electric cost, which is now more than 50% of gross BTC revenues for most people, by generating power yourself. You can most likely set up a combined cycle gas turbine system that runs on natural gas (or a variety of other fuels, like waste oil) and is over 50% efficient (burns fuel to make power, then exhaust heat is used to make steam and generate additional power).

Find some industrial zoned land, work out a deal to lease a turbine unit and get to work. If you'd just like to earn a good % return on an investment of similar risk that is not related to crypto mining, send me a message privately.
legendary
Activity: 1820
Merit: 1001
if OP really has 3M to invest then invest in me. I will grow your capital and provide all the details you need to sustain a business and grow your profits daily. You could get into mining simple enough but need a good amount of equipment you could trade you could both then theirs a lot of other things am nothing going to talk here. If you are serious about how to invest then contact me by PM and can arrange for a time and date to speak over phone or via Skype and make arrangements. If not then so be it then just another useless thread that pops up like many others asking for advise and no doing anything about it or never had funds to begin.
This thread was created 2 years ago...  I don't know if the OP is still watching it or not.

Only just noticed that and OP last active June 16, 2015. So doubtful but if anyone else interested in business then feel free to contact me Smiley
hero member
Activity: 966
Merit: 507
I don't believe a man who has gained 3M USD would ask an advice about investments on forum Grin

I have thought exactly the same. Perhaps his first investment should be directed to a proper financial advice, because that amount of money is not to gamble.
member
Activity: 64
Merit: 10
if OP really has 3M to invest then invest in me. I will grow your capital and provide all the details you need to sustain a business and grow your profits daily. You could get into mining simple enough but need a good amount of equipment you could trade you could both then theirs a lot of other things am nothing going to talk here. If you are serious about how to invest then contact me by PM and can arrange for a time and date to speak over phone or via Skype and make arrangements. If not then so be it then just another useless thread that pops up like many others asking for advise and no doing anything about it or never had funds to begin.
This thread was created 2 years ago...  I don't know if the OP is still watching it or not.
legendary
Activity: 1820
Merit: 1001
if OP really has 3M to invest then invest in me. I will grow your capital and provide all the details you need to sustain a business and grow your profits daily. You could get into mining simple enough but need a good amount of equipment you could trade you could both then theirs a lot of other things am nothing going to talk here. If you are serious about how to invest then contact me by PM and can arrange for a time and date to speak over phone or via Skype and make arrangements. If not then so be it then just another useless thread that pops up like many others asking for advise and no doing anything about it or never had funds to begin.
Das
sr. member
Activity: 308
Merit: 250
Maybe you should invest in a mining software company. Miners will buy from you.
member
Activity: 63
Merit: 10
legendary
Activity: 2282
Merit: 1041
#million is going to help a lot.
There are developers looking for investors though you may wanna contact them particularly those who are working for some coins that already are almost in the mainstream. ETH and Lisk
Team seem to be active. There are coins which has better functionality so might as well try investing to them.
legendary
Activity: 3248
Merit: 1070
Solo mine bitcoin with huge hash rates! That would be my advice. People have hit blocks solo-mining with far lesser hash rates than what you could afford with $3M. Also, the heat generated could be used for heating your home / office and you save on heating too (if you live in a cold place). Best of luck!



With the increase of block size, you need a very fast internet connection to do the solo mining. Otherwise, there will be lots of orphan blocks.

i doubt there will be so much different in the bandwidth, if the block size limit double then going by logic, you will need double the speed, not that huge, the client is not so speed connection hungry anyway, i'm not counting full node
alh
legendary
Activity: 1846
Merit: 1052
Solo mine bitcoin with huge hash rates! That would be my advice. People have hit blocks solo-mining with far lesser hash rates than what you could afford with $3M. Also, the heat generated could be used for heating your home / office and you save on heating too (if you live in a cold place). Best of luck!



With the increase of block size, you need a very fast internet connection to do the solo mining. Otherwise, there will be lots of orphan blocks.

This assumes you want to run a full node as I understand it. For most folks, using -ck's "Solo Pool" will work just fine with a very modest cost if you hit a block (i.e. 1% or .25 BTC now). If you have a several PH or more, then maybe the fast Internet full node would be a good investment.  Even folks with more than a PH will still use a pool sometimes (e.g. Kano's pool has one or more such users).
sr. member
Activity: 308
Merit: 250
Solo mine bitcoin with huge hash rates! That would be my advice. People have hit blocks solo-mining with far lesser hash rates than what you could afford with $3M. Also, the heat generated could be used for heating your home / office and you save on heating too (if you live in a cold place). Best of luck!



With the increase of block size, you need a very fast internet connection to do the solo mining. Otherwise, there will be lots of orphan blocks.
legendary
Activity: 1498
Merit: 1030
@619,
First of all, (sorry for being off-topic), but 619 is my lucky number, I have my mobile number too that ends with it... Wink

 Isn't that the area code for San Diego area?
 You should move....


 8-P
legendary
Activity: 1022
Merit: 1005
Solo mine bitcoin with huge hash rates! That would be my advice. People have hit blocks solo-mining with far lesser hash rates than what you could afford with $3M. Also, the heat generated could be used for heating your home / office and you save on heating too (if you live in a cold place). Best of luck!

legendary
Activity: 1456
Merit: 1000
guess he should have bought some ETH with that 3MM lol

or bitcoin when it was at 200, and sell at around the peak of 500, or simple keep holding for the next boom

He could have made more than $4 million dollars with the bitcoin scenario. Or he could have made $30 million with Ethereum.

That proves money makes money. If he bought so many Ethereum, his buy will move up the price.

Not necessary say he bought when at 900 dollars on BTC.  That would be around 3333 bitcoins and he would have lost around 1.5 million or half of his bankroll.  So it can go both way's.  There are no guarantees in crypto.

Long term speculation is hard to a point where it's almost impossible on some.
full member
Activity: 230
Merit: 250
guess he should have bought some ETH with that 3MM lol

or bitcoin when it was at 200, and sell at around the peak of 500, or simple keep holding for the next boom

He could have made more than $4 million dollars with the bitcoin scenario. Or he could have made $30 million with Ethereum.

That proves money makes money. If he bought so many Ethereum, his buy will move up the price.
sr. member
Activity: 308
Merit: 250
guess he should have bought some ETH with that 3MM lol

or bitcoin when it was at 200, and sell at around the peak of 500, or simple keep holding for the next boom

He could have made more than $4 million dollars with the bitcoin scenario. Or he could have made $30 million with Ethereum.
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