@shanem :
You mean buy and hold for the long term, trades, or else?
You mean buy and hold for the long term, trades, or else?
you can try to buy low (now) sell high
that's pretty much it
Topic: what should i invest in - page 2. (Read 2378 times)
you can try to buy low (now) sell high
that's pretty much it
@shanem :
You mean buy and hold for the long term, trades, or else?
You mean buy and hold for the long term, trades, or else?
you can try to buy low (now) sell high
that's pretty much it
@shanem :
You mean buy and hold for the long term, trades, or else?
You mean buy and hold for the long term, trades, or else?
Invest in dogecoin
Dogecoin will go up as it is quite popular.
Dogecoin will go up as it is quite popular.
Good to know
Thanks for the info. Now I officially have around 10 doge-s in my pc wallet. Will be researching more in the mining department and see what's best.
Do you think there could be a future for scrypt coins where they would value much more than now ?
How can I make sure that the money in my pc wallet won't disappear ? (I've heard many persons getting scammed )
Always keep it offline. Best protection from any malware trying to steal your wallet. Do you think there could be a future for scrypt coins where they would value much more than now ?
How can I make sure that the money in my pc wallet won't disappear ? (I've heard many persons getting scammed )
Hi everyone,
Not sure if this is a good idea to use this post, but ownage18's request seems similar to mine. I will create another post if you think it's better.
I wonder if it can be interesting for someone to invest small amount of money in cryptocurrencies?
Let's say I want to invest 200 EUR (~273 USD). What should I do?
1) Buy Bitcoins and keep them for years. But even if Bitcoin's value is multiplied by 10, I will have something like 2700 USD, which is good but this will be in a few years (and a "one time only" result), so it's not really interesting.
2) Buy Bitcoins or alt coins and sell/buy on exchanges. But because I only have a few amount of coins, it will take a lot of sell/buy transactions to win something interesting. And it means that I can easily lost everything if I made a wrong offer.
3) Choose a number of cryptocurrencies (let's say the 5 most known), then buy somes coins on each. I wait, and if one has a great value's increase, I convert them to EUR back.
4) Do nothing : investing small amount of money in bitcoin/altcoins is not interesting
5) Something else. Any tips/help?
(I'm paying electricity, so mining is not interesting for me).
Thanks in advance for your help
Not sure if this is a good idea to use this post, but ownage18's request seems similar to mine. I will create another post if you think it's better.
I wonder if it can be interesting for someone to invest small amount of money in cryptocurrencies?
Let's say I want to invest 200 EUR (~273 USD). What should I do?
1) Buy Bitcoins and keep them for years. But even if Bitcoin's value is multiplied by 10, I will have something like 2700 USD, which is good but this will be in a few years (and a "one time only" result), so it's not really interesting.
2) Buy Bitcoins or alt coins and sell/buy on exchanges. But because I only have a few amount of coins, it will take a lot of sell/buy transactions to win something interesting. And it means that I can easily lost everything if I made a wrong offer.
3) Choose a number of cryptocurrencies (let's say the 5 most known), then buy somes coins on each. I wait, and if one has a great value's increase, I convert them to EUR back.
4) Do nothing : investing small amount of money in bitcoin/altcoins is not interesting
5) Something else. Any tips/help?
(I'm paying electricity, so mining is not interesting for me).
Thanks in advance for your help
Thanks for the info. Now I officially have around 10 doge-s in my pc wallet. Will be researching more in the mining department and see what's best.
Do you think there could be a future for scrypt coins where they would value much more than now ?
How can I make sure that the money in my pc wallet won't disappear ? (I've heard many persons getting scammed )
Do you think there could be a future for scrypt coins where they would value much more than now ?
How can I make sure that the money in my pc wallet won't disappear ? (I've heard many persons getting scammed )
So I made an account on doge.poolerino , I have a dogecoin wallet on my PC. I use minerd to start some CPU mining . How can I see how many dogecoins do I have on my account ?
I ran the .bat and modified it with my username and worker , the program is working but I can't tell how many coins do I have.
I just want to see 0.00000001 (or any number) coins in my wallet, to confirm that it works for me .
p.s. what is that "accepted 12/12 (100%) 10kh/s (yay!!!)" thing ?
I ran the .bat and modified it with my username and worker , the program is working but I can't tell how many coins do I have.
I just want to see 0.00000001 (or any number) coins in my wallet, to confirm that it works for me .
p.s. what is that "accepted 12/12 (100%) 10kh/s (yay!!!)" thing ?
mine with your GPU, CPU mining is a lot weaker..
you'll see your balance change on your pools account after you find a new block and it gets distributed among miners..
So I made an account on doge.poolerino , I have a dogecoin wallet on my PC. I use minerd to start some CPU mining . How can I see how many dogecoins do I have on my account ?
I ran the .bat and modified it with my username and worker , the program is working but I can't tell how many coins do I have.
I just want to see 0.00000001 (or any number) coins in my wallet, to confirm that it works for me .
p.s. what is that "accepted 12/12 (100%) 10kh/s (yay!!!)" thing ?
I ran the .bat and modified it with my username and worker , the program is working but I can't tell how many coins do I have.
I just want to see 0.00000001 (or any number) coins in my wallet, to confirm that it works for me .
p.s. what is that "accepted 12/12 (100%) 10kh/s (yay!!!)" thing ?
What do you think about Litecoin , Peercoin or Doge ? Will they have a chance to get close to the Bitcoin value in the future ?
Why isn't it worthy to invest in scrypt mining ?
Why isn't it worthy to invest in scrypt mining ?
My personal guess is that Litecoin has peaked; it offers no real improvement over Bitcoin, unlike several other altcoins. Peercoin will most likely overtake Litecoin, but it will take some time. Dogecoin is a wildcard. Note that long-term investing is very different from short-term trading. In an extremely volatile market like cryptocurrencies, I would recommend short-term trading, since it is quite difficult to correctly predict the future.
Mining scrypt-based coins is probably more profitable than mining SHA-256-based coins like Bitcoin or mining CPU-only coins like Primecoin. Mining is designed in such a way that early adopters are rewarded, so watch out for new coins with potential!
I wouldn't invest in peercoin though to be fair, bitcoin is still the strongest alternative imho.
Ok . I will start buying some bitcoins or other alt-coins but which is the safest and most profitable place where I could buy ? I saw that mxgot has disappeared. I will look into the trading part of the coins .
Depends on several factors and where you live etc. just use cryptsy or btc-e. you can use bittylicious if you're in the uk.
Agreed, go to BTC-e for volumes and Cryptsy for niche coins.
What do you think about Litecoin , Peercoin or Doge ? Will they have a chance to get close to the Bitcoin value in the future ?
Why isn't it worthy to invest in scrypt mining ?
Why isn't it worthy to invest in scrypt mining ?
My personal guess is that Litecoin has peaked; it offers no real improvement over Bitcoin, unlike several other altcoins. Peercoin will most likely overtake Litecoin, but it will take some time. Dogecoin is a wildcard. Note that long-term investing is very different from short-term trading. In an extremely volatile market like cryptocurrencies, I would recommend short-term trading, since it is quite difficult to correctly predict the future.
Mining scrypt-based coins is probably more profitable than mining SHA-256-based coins like Bitcoin or mining CPU-only coins like Primecoin. Mining is designed in such a way that early adopters are rewarded, so watch out for new coins with potential!
What do you think about Litecoin , Peercoin or Doge ? Will they have a chance to get close to the Bitcoin value in the future ?
Why isn't it worthy to invest in scrypt mining ?
Why isn't it worthy to invest in scrypt mining ?
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Ok . I will start buying some bitcoins or other alt-coins but which is the safest and most profitable place where I could buy ? I saw that mxgot has disappeared. I will look into the trading part of the coins .
Depends on several factors and where you live etc. just use cryptsy or btc-e. you can use bittylicious if you're in the uk.
Ok . I will start buying some bitcoins or other alt-coins but which is the safest and most profitable place where I could buy ? I saw that mxgot has disappeared. I will look into the trading part of the coins .
Sure buy GPU's to mine other alt coins but I'm suggesting you to buy bitcoin, the price is probably going to spike up in 3-4 months
Agreed, we wait good news like paypal or ebay accepting Bitcoin.
For sure, invest in GPU and after that mine your coins.
Trading is probably a better way to earn coins than mining, but you need to get some coins before you begin. If you dislike trading or need a new graphics card anyway, then mining may be a better option.
Agree
perhaps but that's what they said about bitcoin when it first came out. . .
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