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Topic: LOOKING TO INVEST MY LIFE SAVINGS NEED ADVICE - page 10. (Read 6030 times)

newbie
Activity: 42
Merit: 0
Hi all,

What do think about Welltrado (welltrado.io)? Roll Eyes
I saw Celcius network already raised 30M usd, do you think Welltrado could raise more?
I would like to invest in this ICO, but I'd like to hear your opinion.

Cheers Wink
member
Activity: 322
Merit: 21
Most of us, it seems, want to know. We want to know where we’ll live, what our next career will look like, and how it will all go up and down. Well in crypto community, we never know what happen next minutes, hours or days. That's why we create a thread to exchange different comment by experience and many more. Don't put all you savings in crypto currency if you are not capable in losing some, the risky part is always there specially if you invest in a wrong token or wrong time. The uncertainty is usual problem in investment, but sometimes, you need to take some risk to be successful someday. As a trader, this is the best time since the bitcoin and altcoins has a low value.
full member
Activity: 253
Merit: 100
Investing is a very risky thing, so choosing the right project is necessary.
Just remeber, if you want to invest, dont put your eggs in the same basket. Try to be wise, learn from your mistakes and try to be patient all the time.
Be optimistic, always think positive and take every chances you got.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
Hello Everyone,

I need your help! I have been doing research on what hardware to buy to mine Ether and Bitcoin. I'm investing my life savings so this is really serious for me so if you can help it would mean alot. I have alot of space for equipment so that wont be a problem. I need help figuring out what equipment to buy for ether and bitcoin minning, and how much it will cost me? Any advice will be much appreciated.


Thank you
Smiley

are you serious? investing all-in is not a good idea. There is too much risl involve in crypto currencies. Think many times before making a decision. Just only invest what you can afford to lose, just a piece of advice.

Absolutely, I am also amazed about his decision, because he is taking a risk with his whole life saving and don't know about too much bitcoin or Eth mining, and now bitcoin is continuously going to down, Actually the reason behind of bitcoin downing is Cartel. Within few days, we will see bitcoin more down and i am not sure again bitcoin will achieve its old place of $20000. Although i am still holding my bitcoins for a hope and i also know that the time will come but wait for a time.
sr. member
Activity: 910
Merit: 260
Mining is not easy to start. First you know the mining process. Then start. If need to start mining check the cart ram. Ram is important for the mining run. Check the bored to connect the mining cared and it need to more power to work. Then connect the network. It need to cooling place. Check the ruing process. But software is important to start the mining. pooling mining ,bitcoin mining ect.. So check the best software then link with the mining rig. Then start.   
full member
Activity: 476
Merit: 107
Hello Everyone,

I need your help! I have been doing research on what hardware to buy to mine Ether and Bitcoin. I'm investing my life savings so this is really serious for me so if you can help it would mean alot. I have alot of space for equipment so that wont be a problem. I need help figuring out what equipment to buy for ether and bitcoin minning, and how much it will cost me? Any advice will be much appreciated.


Thank you
Smiley

are you serious? investing all-in is not a good idea. There is too much risl involve in crypto currencies. Think many times before making a decision. Just only invest what you can afford to lose, just a piece of advice.
newbie
Activity: 42
Merit: 0
Hello Everyone,

I need your help! I have been doing research on what hardware to buy to mine Ether and Bitcoin. I'm investing my life savings so this is really serious for me so if you can help it would mean alot. I have alot of space for equipment so that wont be a problem. I need help figuring out what equipment to buy for ether and bitcoin minning, and how much it will cost me? Any advice will be much appreciated.


Thank you
Smiley

I am also interested in mining before but somewhat I changed my mind. if you really want to invest, you can try into trading and also in investing in the ICO. 

To my mind mining is not good for individual investment anymore, giant pools and farms make sense but not individual. Blockchain infrastructure investment looks much more valuable to invest in through ICO's or public trade purchasing of their tokens and 1-3 years hold.
full member
Activity: 280
Merit: 101
Blockchain with a Purpose
Hello Everyone,

I need your help! I have been doing research on what hardware to buy to mine Ether and Bitcoin. I'm investing my life savings so this is really serious for me so if you can help it would mean alot. I have alot of space for equipment so that wont be a problem. I need help figuring out what equipment to buy for ether and bitcoin minning, and how much it will cost me? Any advice will be much appreciated.


Thank you
Smiley

I am also interested in mining before but somewhat I changed my mind. if you really want to invest, you can try into trading and also in investing in the ICO. 
copper member
Activity: 449
Merit: 2
web3 developer | Youtuber
Friend.. Big investment +  Big Risk = Big Profit.
Small investment + Less Risk = Less Profit.
Now Decision is yours..
But always have some backup because nobody knows about future .
so always to be safe side.
hero member
Activity: 1708
Merit: 541
Hello Everyone,

I need your help! I have been doing research on what hardware to buy to mine Ether and Bitcoin. I'm investing my life savings so this is really serious for me so if you can help it would mean alot. I have alot of space for equipment so that wont be a problem. I need help figuring out what equipment to buy for ether and bitcoin minning, and how much it will cost me? Any advice will be much appreciated.


Thank you
Smiley

If you want to invest in Bitcoin or Ethereum, why don't you just buy Bitcoin directly instead of buying a mining equipment? That would be a lot easier and hassle-free. But then again, it might not be a good idea to invest your life savings into something extremely volatile and speculative like cryptocurrency. Don't touch your life savings for something speculative. Instead, earn some money, save it and invest them in crypto.
copper member
Activity: 449
Merit: 2
web3 developer | Youtuber
Friends Big investment and Big Risk With Big Profit.
Small investment and Less Risk With Less Profit.
Now Decision is yours..
But always have some backup because nobody knows about future .
so always to be safe side.
legendary
Activity: 3248
Merit: 1179
I would suggest , dont go for mining  . by the time you reach breakeven point . The mining difficulty goes up leaves you very little profit for the effort .


The best idea is to buy ETH or BTC and hold it for an year Smiley

Mining is still profitable, but don't choose to mine BTC or any coins that has very high difficulty. For now, I think a good idea is to buy coins and hold it for a while until it had grown enough.
You are investing in trading or in holding bitcoin? If you want to trade then you should learn all the necessary things about trading and if you want to buy some bitcoin then nothing to understand. Just buy bitcoins, hold them for some time and when the price grow more and more you will earn  a lot of money. This is the whole story. But remember one thing that you should dare to invest your life savings may you lose your money.

I dont suggest risking your savings into crypto currency even if there are people who find it very successful. Holding bitcoin right now for me is really not recommended because the price is too high  for stability. If this price drops and bitcoin price become more stable then you will surely loss a lot from your investment

Why not to risk? Who ever started to mine long time ago earned a lot by now, and when btc mining is difficult skip to eth, after that you go to next mining alt. You can make a lot of money and you need to upgrade your equipment with money youbearn, not just to spend it on fun.
I'm for risking, and investing in mining equipment is great choice, just be careful to have enough for good machine, that can be used later for mining some other coin, or more upgraded for more. Its better to start to mining if you have money for that, then to risk money on trading.
hero member
Activity: 1246
Merit: 588
I would suggest , dont go for mining  . by the time you reach breakeven point . The mining difficulty goes up leaves you very little profit for the effort .


The best idea is to buy ETH or BTC and hold it for an year Smiley

Mining is still profitable, but don't choose to mine BTC or any coins that has very high difficulty. For now, I think a good idea is to buy coins and hold it for a while until it had grown enough.
You are investing in trading or in holding bitcoin? If you want to trade then you should learn all the necessary things about trading and if you want to buy some bitcoin then nothing to understand. Just buy bitcoins, hold them for some time and when the price grow more and more you will earn  a lot of money. This is the whole story. But remember one thing that you should dare to invest your life savings may you lose your money.

I dont suggest risking your savings into crypto currency even if there are people who find it very successful. Holding bitcoin right now for me is really not recommended because the price is too high  for stability. If this price drops and bitcoin price become more stable then you will surely loss a lot from your investment
hero member
Activity: 840
Merit: 500
I would suggest , dont go for mining  . by the time you reach breakeven point . The mining difficulty goes up leaves you very little profit for the effort .


The best idea is to buy ETH or BTC and hold it for an year Smiley

Mining is still profitable, but don't choose to mine BTC or any coins that has very high difficulty. For now, I think a good idea is to buy coins and hold it for a while until it had grown enough.
You are investing in trading or in holding bitcoin? If you want to trade then you should learn all the necessary things about trading and if you want to buy some bitcoin then nothing to understand. Just buy bitcoins, hold them for some time and when the price grow more and more you will earn  a lot of money. This is the whole story. But remember one thing that you should dare to invest your life savings may you lose your money.
jr. member
Activity: 92
Merit: 2
I would suggest , dont go for mining  . by the time you reach breakeven point . The mining difficulty goes up leaves you very little profit for the effort .


The best idea is to buy ETH or BTC and hold it for an year Smiley

Mining is still profitable, but don't choose to mine BTC or any coins that has very high difficulty. For now, I think a good idea is to buy coins and hold it for a while until it had grown enough.
legendary
Activity: 938
Merit: 1001
I would suggest , dont go for mining  . by the time you reach breakeven point . The mining difficulty goes up leaves you very little profit for the effort .


The best idea is to buy ETH or BTC and hold it for an year Smiley
member
Activity: 95
Merit: 10
Hello Everyone,

I need your help! I have been doing research on what hardware to buy to mine Ether and Bitcoin. I'm investing my life savings so this is really serious for me so if you can help it would mean alot. I have alot of space for equipment so that wont be a problem. I need help figuring out what equipment to buy for ether and bitcoin minning, and how much it will cost me? Any advice will be much appreciated.


Thank you
Smiley

mining need prefers knowledge and more than 5,000$ to start investment also need to have extra money for bills.

it is risky for both only invest 30% of total in ether
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
To me investing all your life saving into crypto currency is greedy act and it not good to have all your eggs in a basket. Meanwhile, the best bitcoin mining hardware are AntMiner S9, HashFast Sierra Evo 3,  KnC Neptune and TerraHash DX Large (full). While, the most powerful/best Ethereum mining hardware is Radeon R9 295X2.
jr. member
Activity: 92
Merit: 2
I think it is not safe thing to do if you will go all in. Try to invest the half of your savings and not all. Let your investment grow with only half of your life saving.
member
Activity: 112
Merit: 10
I would say you should never invest all your saving in something that could be perceived as gambling (in the sense you never know what could happen in the future with cryptocurrencies)...
I totally agree, do not ever invest more than you can lose, or you will end up in poor house, these kind of people who invest with no caution end up in poor house
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