Topic: starting off (Read 560 times)
You could trade as suggested above, or you could buy an ASIC for BTC, or you could buy GPUs for alts, or you could CPU primecoin.
I'd check into exchanges, it's easy to double your money over night. I've even done it accidentally a few times, like with Primecoin a day or two ago. There's also alot of speculation going towards Litecoin right now, mostly with Mt.Gox and pumps. Google words you don't get, then you can go in the right direction.
You should read a more about mining, ASICs, and profitability. The forums here have some good information but you can google around and find nice tutorials as well.
buying btc is the only sane method right now.
Buy dedicated equipment for mining Bitcoins (i.e. ASICs).
GPUs only serve to mine certain altcoins such as LTC and FTC now.
Saying that, you could start mining Primecoin with your CPU
GPUs only serve to mine certain altcoins such as LTC and FTC now.
Saying that, you could start mining Primecoin with your CPU
You won't make big bucks from mining. The ways I can think of for making big bugs, if done really well are:
1. Buying and holding for the long term. This may be very profitable and already has been for some people.
2. Day trading. You can day trade bitcoins or mining stocks. Both are quite volatile and therefore potentially quite profitable.
3. Starting a business for the fledgeling bitcoin economy.
Good luck and ask plenty of questions.
1. Buying and holding for the long term. This may be very profitable and already has been for some people.
2. Day trading. You can day trade bitcoins or mining stocks. Both are quite volatile and therefore potentially quite profitable.
3. Starting a business for the fledgeling bitcoin economy.
Good luck and ask plenty of questions.
okay yea thanks. i was using my mac and it was useless
Hello, welcome.
What do u have to mine? If you don't have a dedicated stuff, you should probably not mine... Or it will not be very profitable.
What do u have to mine? If you don't have a dedicated stuff, you should probably not mine... Or it will not be very profitable.
hi guys, im new to bitcoins/ using bitcoins. can anyone help me?. or wanna start a pool?? i am looking to learn more about these and make big bucks. any help
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