what should i invest in - page 3. | Bitcointalksearch.org

raspcoin

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Quote from: [email protected] on February 25, 2014, 10:48:09 PM

what about nxt coin? you don't need any GPU's to collect fees, just a lot of nxt but I don't think 300$ will get you a whole lot of nxt maybe just around 5000 (not sure exactly but you would probably need a lot more nxt in order to make it worth it for you.

I would personally recommend Peercoin for a safe long-term investment in the proof-of-stake concept. There is a significant risk of Nextcoin being a temporary fad, while Peercoin has always been the third largest by market cap.

[email protected]

newbie

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what about nxt coin? you don't need any GPU's to collect fees, just a lot of nxt but I don't think 300$ will get you a whole lot of nxt maybe just around 5000 (not sure exactly but you would probably need a lot more nxt in order to make it worth it for you.

dailycoins

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Dailycoins.net

Buy Bitcoins, make cold storage and hold them for 2-3 years.

raspcoin

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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.

Rainer4256

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For the benefit of medical research

Quote from: apsvinet on February 25, 2014, 07:42:28 PM

I'd say buy bitcoins. As long as they're 400 usd-ish you'll
profit -lots- when the price goes up again.
It might be 300 dollars thrown in the sea, but it might
spike to -huge- profits. Investing is taking a risk, but I'd
do it.
Best of luck!

Exactly!

apsvinet

full member

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I'd say buy bitcoins. As long as they're 400 usd-ish you'll
profit -lots- when the price goes up again.
It might be 300 dollars thrown in the sea, but it might
spike to -huge- profits. Investing is taking a risk, but I'd
do it.
Best of luck!

Rainer4256

full member

Activity: 196

Merit: 100

For the benefit of medical research

Quote from: ownage18 on February 25, 2014, 05:48:04 PM

Funny, but I actually have free energy but not enough money to buy a 2 TH/s machine. So , if the electricity is free which currency should I invest in ? I want to start mining with my cpu /gpu or even upgrade to a better gpu and start making some tangible money.

Thank you.

P.S. I've been using the doge profit calculator and it says that I should make 130$ a day with a 30GH/s rig , which I could get at 300$ so why wouldn't it be profitable ?

I was talking about bitcoin. If you are interested in the math behind it I can help you. Hint: http://en.wikipedia.org/wiki/Geometric_series
Always think of the mining difficulty increasing every 10 days by about 20%.

Kiki112

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Quote from: ownage18 on February 25, 2014, 05:48:04 PM

Funny, but I actually have free energy but not enough money to buy a 2 TH/s machine. So , if the electricity is free which currency should I invest in ?

bitcoin or dogecoin..

if you're into mining probably litecoin but investing in bitcoin or dogecoin would be a smart move..

doge is already starting to rise to it's old value and bitcoin will start too soon Wink

ownage18

newbie

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Funny, but I actually have free energy but not enough money to buy a 2 TH/s machine. So , if the electricity is free which currency should I invest in ? I want to start mining with my cpu /gpu or even upgrade to a better gpu and start making some tangible money.

Thank you.

P.S. I've been using the doge profit calculator and it says that I should make 130$ a day with a 30GH/s rig , which I could get at 300$ so why wouldn't it be profitable ?

Kiki112

full member

Activity: 196

Merit: 101

Quote from: Rainer4256 on February 25, 2014, 05:05:33 PM

Never buy btc mining hardware! It doesn't pay. Even if you buy a 2 TH Terraminer (6000$) which in fact mines only 1.7 TH, adding power costs (power consumption is 1650 W) you will lose money. The cheaper the hardware the bigger the loss!

what if he has free electricity?

Rainer4256

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For the benefit of medical research

Never buy btc mining hardware! It doesn't pay. Even if you buy a 2 TH Terraminer (6000$) which in fact mines only 1.7 TH, adding power costs (power consumption is 1650 W) you will lose money. The cheaper the hardware the bigger the loss!

hilariousandco

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Join the world-leading crypto sportsbook NOW!

Quote from: AnnInter on February 25, 2014, 01:45:42 PM

When will the price go to 1000$ ? Is it worth to invest in LTC or BTC.

Nobody can answer this. Guesses on the price are just pure speculation.

manoamano

full member

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You should not invest in mining ...

You should invest in LTC (or btc) and then trade online to increase your balance

AnnInter

newbie

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When will the price go to 1000$ ? Is it worth to invest in LTC or BTC.

ChuckBuck

hero member

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better everyday ♥

With $300, no equipment you buy will be worthwhile. Since all coins are cheap now, just buy coins and hold.

Kiki112

full member

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don't buy mining gear, bitcoins and dogecoin are on it's lowest right now, they will start to rise soon (dogecoin already started Cheesy

, altough it fell to 0.8$/1k it's already 0.9$/1k) and bitcoin will double soon, so it's far more profitable and secure to buy bitcoins or dogecoins and wait until their value increases then buying mining gear Wink

trexbtc

newbie

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Before you will invest anything, make sure your are competent enough in this field

2double0

legendary

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Stuck to bitcoin!

shorena

copper member

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No I dont escrow anymore.

Quote from: ownage18 on February 25, 2014, 12:17:47 PM

-snip-
I have 300$ to invest
-snip-

Take up to 50$ to buy a good book about technical analysis,
https://en.wikipedia.org/wiki/Technical_analysis
buy BTC with the rest and apply what you learned.

vnvizow

sr. member

Activity: 364

Merit: 250

Quote from: Wusolini on February 25, 2014, 12:36:29 PM

invest in gpu and mine scrypt coins. You can alwas sell it later (rather than some asic).

as might as well point out if there's no more use for the gpu in crypto currencies you can always use it for gaming Grin

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