buy some btc, but never spend all of it.
Buy btc and hold for 5 years = get rich. 
Topic: What is the best strategy for someone who has $1,000/5,000 to invest? (Read 1352 times)
November 10, 2013, 11:54:31 AM
November 08, 2013, 03:39:56 AM
Quote from: anth0ny link=topic=327066.msg3514046#msg3514046
Anyway, I'm rambling, because this is my ObNewbiePost.
November 08, 2013, 02:09:20 AM
What if it never drops? Better safe than sorry.
That's not how you should be thinking if you're trading bitcoin.annnnnddd I don't. I got all my btc for free and u don't intend to sell them.
November 08, 2013, 01:20:40 AM
buy some btc, but never spend all of it.
November 08, 2013, 01:11:08 AM
What if it never drops? Better safe than sorry.
That's not how you should be thinking if you're trading bitcoin. November 08, 2013, 12:55:57 AM
Buy 2500 worth right now, and then wait till a drop and as soon as it drops buy another 2500 worth!
Or just wait until it drops and buy 5000 worth and not lose money.What if it never drops? Better safe than sorry.
November 08, 2013, 12:50:51 AM
Buy 2500 worth right now, and then wait till a drop and as soon as it drops buy another 2500 worth!
Or just wait until it drops and buy 5000 worth and not lose money. November 08, 2013, 12:35:23 AM
Buy 2500 worth right now, and then wait till a drop and as soon as it drops buy another 2500 worth!
November 08, 2013, 12:27:01 AM
All mining HW at this stage will cost you unless you getting electricity for free, the prices of mining HW would have to halve to insure profit because by the time they ship and the current ave increase of 30% you will end up being a loser.
November 07, 2013, 10:49:13 PM
safest way is just buy , keep it off line, go on with you life, dont look at charts, and come back 3 years later
November 07, 2013, 07:54:54 PM
Buy BTC at a low price and wait till it goes up.. simple as that
I must agree it is much better than buying high and selling low as some panicked people tend to do
If you do that then trading bitcoin is not what you should be doing. (not specifically aimed at you, just a general observation)
November 07, 2013, 07:38:08 PM
Buy BTC at a low price and wait till it goes up.. simple as that
I must agree it is much better than buying high and selling low as some panicked people tend to do
November 07, 2013, 07:18:32 PM
I'd stay away from mining hardware like the plague.
There are already a lot of people with some very powerful asic hardware that have their setup running as you read this. By time you received your order difficulty could have risen by anything from 25% to 100s%, depending on who you order with and whether they have a preorder backlog...
There are already a lot of people with some very powerful asic hardware that have their setup running as you read this. By time you received your order difficulty could have risen by anything from 25% to 100s%, depending on who you order with and whether they have a preorder backlog...
November 07, 2013, 07:16:33 PM
Buy BTC at a low price and wait till it goes up.. simple as that
November 07, 2013, 07:12:57 PM
Just buy BTC, the days of buying mining hardware is over - not profitable anymore.
Well until we have Gen2 it's unprofitable. November 07, 2013, 07:09:37 PM
Best is buy small amount every month in fixed day if your not good trader. This way, you cant go wrong, at least historical data says so 
Forgive my ignorance. What is fixed day?
Like 1st day every month, so you will not guessing if buying or not because if you say I will wait for lower price, you may not buy anymore..
November 07, 2013, 06:56:29 PM
Just buy BTC, the days of buying mining hardware is over - not profitable anymore.
November 07, 2013, 06:44:54 PM
Depends on what you want to do or how you want to proceed with it.
If you are okay with holding the funds for a longer period of time then just buy and store bitcoin offline.
If you are okay with holding the funds for a longer period of time then just buy and store bitcoin offline.
November 07, 2013, 06:43:25 PM
I would suggest it buying and holding. I don't have much but I've bought some and accumulated a bit since I started. I've gotten about 0.2btc for free in the last week by wining for free promos, getting free BTC from people, etc. just going to keep accumulating and hope it'll be worth something in the future.
November 07, 2013, 06:37:06 PM
Buy BTC when low, sell when high.
[sarcasm]Genius.[/sarcasm]
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