Seems like helping the cryptocurrency community by investing in a business that is promoting it would be the best for everyone.
1. If you're smart with the investment you'll probably make money.
2. The community will benefit from another business.
3. You can get involved and express yourself through relationships and your own knowledge and experience.
Buying and holding is certainly a pretty safe bet, and so is mining, but neither will give you the rewards that real personal participation in something will.
NOTE: I'm saying this to myself also. Hiding in my office and mining and holding aren't doing much more than making me some money. Money's nice but I'd really like to get my hands dirty a bit more and participate more fully in this community.
Topic: I have 3 Million USD to invest into Crypto Currency - How should I do it? - page 9. (Read 19829 times)
May 08, 2014, 11:43:51 AM
May 08, 2014, 10:21:42 AM
Do you see Ripple going anywhere? I see google is funding this buttercoin thing.. seems a bit off the path for them when they are
trying to push Ripple right?
May 08, 2014, 10:15:46 AM
My advice is to buy BTC, or you can consider to buy some ripple. Don't try to get a single investment
May 08, 2014, 08:59:53 AM
I voted Crypto ATM network. Spread the BTC love across the land.
With that much capital, you can actually do all the above. No need to go all-in in one single venture.
With that much capital, you can actually do all the above. No need to go all-in in one single venture.
May 08, 2014, 08:16:35 AM
I agree, ATM's should always be convenient and not overpriced. The guys who are running ATM's with nutty fees are only hurting
bitcoin as a whole. I know its fun to profit big right now in the early stages but in reality you have to make the cost similar to US$ ATMS
or people wont want to use them. To much cost = lack of fans who like the product.
May 08, 2014, 08:14:01 AM
From what I see a bitcoin ATM has high fees, maybe you could invest into a lower fee ATM it could be more profitable. Bitcoin is suppose to be easy to get/use. Right now that seems like a long way off to me. At least for mass market. Cash only to bitcoin would be viable for the privacy, help reduce chances of cc fraud and such.
May 08, 2014, 08:05:36 AM
"If you want to get into mining you have to understand it is very hard to be among the best so you better invest a lot of time and get a lot of human capital to go with your 3m to be profitable"
In this regard I am well covered as I have an entire technical staff to deploy, monitor and tune rigs. We already do this for our customers, some of which are at very high levels of hash rate.
What types of ideas are out there regarding what you refer to as bitcoin sites? Like a coinbase type site or are you thinking something more?
In this regard I am well covered as I have an entire technical staff to deploy, monitor and tune rigs. We already do this for our customers, some of which are at very high levels of hash rate.
What types of ideas are out there regarding what you refer to as bitcoin sites? Like a coinbase type site or are you thinking something more?
May 08, 2014, 07:53:29 AM
If you want to get into mining you have to understand it is very hard to be among the best so you better invest a lot of time and get a lot of human capital to go with your 3m to be profitable
Buying bitcoins and securing them well is a good way to profit from the future adoption of Bitcoin and its development; you can invest in bitcoins websites or create one if you can as well.
Buying bitcoins and securing them well is a good way to profit from the future adoption of Bitcoin and its development; you can invest in bitcoins websites or create one if you can as well.
May 08, 2014, 07:45:33 AM
"I would buy bitcoins and sell them when they get to $2000"
How sure are you that it will get back to that point and please elaborate on your current state of confidence. Is your confidence driven by trends you see or just a gut feeling? Has anyone done a true study of just how far bitcoin has gone in the world and if it's cementing itself in or not?
May 08, 2014, 07:41:28 AM
I would buy bitcoins and sell them when they get to $2000 
May 08, 2014, 06:03:38 AM
I don't believe a man who has gained 3M USD would ask an advice about investments on forum
Pardon me? I assumed that I was in a place where those in the know about cryptocurrencies would be plentiful.
A fool is the man who invests into an idea without first marinating himself in its theory and pulse.
Now, if you are one of those who know and care to make a productive comment, please proceed.
And I am not here for you to believe me, it is I who must believe in bitcoin and/or its siblings.
Cheers.
VainGlorious
619Mining.com
May 08, 2014, 05:54:37 AM
I don't believe a man who has gained 3M USD would ask an advice about investments on forum
May 08, 2014, 05:40:47 AM
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?
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