Education free here buddy
Topic: Student loan of 1000$; What currency would YOU invest in? - page 2. (Read 1292 times)
^^^^^^
Education free here buddy
Education free here buddy
I would just use the money for an education
...sounds like you really need it.
...sounds like you really need it.
So BTC/LTC is the ones to go for a bit of middle to long-term investing?
BTW been having a lot of discussions with Finance majors about Bitcoin and the attitudes seem very 50/50. About 50% believe that its a complete bubble and will most likely crash to near 0, the other 50% are somewhat interested in it- but would never invest 1000$. Actually helped a few of these start their own wallets today
I myself see that Bitcoin holds tremendous potential as an alternative to storing value of inflating currencies right now. And if you guys have followed the news here in Europe, the situation is quite heated between Germany and Spain. If these countries don't get a sensible agreement on the current surpluses/deficits there might actually be a chance that the whole Euro-system would be stripped apart. IF this happens Eurocountries would definitely look into alternative ways to store currency value and this is where crypto-currencies such as BTC would come into play.
http://www.bruegel.org/nc/blog/detail/article/1189-the-german-trade-surplus-may-widen-with-the-euro-area-recovery/
BTW been having a lot of discussions with Finance majors about Bitcoin and the attitudes seem very 50/50. About 50% believe that its a complete bubble and will most likely crash to near 0, the other 50% are somewhat interested in it- but would never invest 1000$. Actually helped a few of these start their own wallets today
I myself see that Bitcoin holds tremendous potential as an alternative to storing value of inflating currencies right now. And if you guys have followed the news here in Europe, the situation is quite heated between Germany and Spain. If these countries don't get a sensible agreement on the current surpluses/deficits there might actually be a chance that the whole Euro-system would be stripped apart. IF this happens Eurocountries would definitely look into alternative ways to store currency value and this is where crypto-currencies such as BTC would come into play.
http://www.bruegel.org/nc/blog/detail/article/1189-the-german-trade-surplus-may-widen-with-the-euro-area-recovery/
From watching the BTC-e for a little bit I'd probably buy a bunch of LTC. Or spend the money on making a mining rig.
Was thinking of something along the lines of 50%BTC, 20%LTC, 20%Quark and maybe 10%Sexcoin. Initial plan is to hold for atleast for a few years(apart from sexcoin:D) till I finish my studies 
And to donkeykong9000&derbinp - I am absolutely ready to lose it all, this 1000$ would pretty much anyways go to gambling,drugs and booze
And to donkeykong9000&derbinp - I am absolutely ready to lose it all, this 1000$ would pretty much anyways go to gambling,drugs and booze
Few years will likely last only Bitcoin, maybe Litecoin as well but no merchant support so far even when Litecoin is here 2 years already...
Taking a student loan of 1000$ dollars today. Im the gambling type, so decided that investing it to various crypto-currencies would be a better idea than to use it for something like a new phone/computer or even better food than the usual tuna&noodels 
What currencies would you buy, as a poor student for 1000$ and why?
PS. Majoring in Finance and Marketing, so this decision is actually is against everything I've learnt in school
What currencies would you buy, as a poor student for 1000$ and why?
PS. Majoring in Finance and Marketing, so this decision is actually is against everything I've learnt in school
Very volatile right now. LTC is a good currency that should be 0.25/1 BTC in many opinions.
Taking a student loan of 1000$ dollars today. Im the gambling type, so decided that investing it to various crypto-currencies would be a better idea than to use it for something like a new phone/computer or even better food than the usual tuna&noodels
What currencies would you buy, as a poor student for 1000$ and why?
PS. Majoring in Finance and Marketing, so this decision is actually is against everything I've learnt in school
What currencies would you buy, as a poor student for 1000$ and why?
PS. Majoring in Finance and Marketing, so this decision is actually is against everything I've learnt in school
I would buy 1 BTC. Much better than eat the 1000$ or spend on electronic, but it is just me I hate unnecessary consumption
Was thinking of something along the lines of 50%BTC, 20%LTC, 20%Quark and maybe 10%Sexcoin. Initial plan is to hold for atleast for a few years(apart from sexcoin:D) till I finish my studies
And to donkeykong9000&derbinp - I am absolutely ready to lose it all, this 1000$ would pretty much anyways go to gambling,drugs and booze
And to donkeykong9000&derbinp - I am absolutely ready to lose it all, this 1000$ would pretty much anyways go to gambling,drugs and booze
Id invest in some mining hardware instead of just buying coins with that money. If anything goes wrong you can still sell the hardware and at-least recover some of your loss. Its a huge risk to take.
Don't do it, investing in any cryptocurrency right now with borrowed money is just asking for trouble.
I'd say it would be better to invest in a cheap 1 or 2 gpu mining rig (single R9 280x or dual 7950 if you can find them) and mine the currency of your choice. Even if BTC goes to 0, you could still part it out or use it as a gaming machine
I'd say it would be better to invest in a cheap 1 or 2 gpu mining rig (single R9 280x or dual 7950 if you can find them) and mine the currency of your choice. Even if BTC goes to 0, you could still part it out or use it as a gaming machine
Taking a student loan of 1000$ dollars today. Im the gambling type, so decided that investing it to various crypto-currencies would be a better idea than to use it for something like a new phone/computer or even better food than the usual tuna&noodels
What currencies would you buy, as a poor student for 1000$ and why?
PS. Majoring in Finance and Marketing, so this decision is actually is against everything I've learnt in school
What currencies would you buy, as a poor student for 1000$ and why?
PS. Majoring in Finance and Marketing, so this decision is actually is against everything I've learnt in school
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