xx - page 2. | Bitcointalksearch.org

Duane Vick

member

Activity: 84

Merit: 10

I would invest about 25% of that in bitcoins at the current price. Then, look for any drops in price to purchase additional coins. Keep doing this until you are as vested in bitcoins as you want to be. This should give you a lower entry point into bitcoins. Then just sit on those coins.

I've been looking into mining bitcoins but after researching each option, I can't find any way to do it and feel sure of some degree of profit. Here's my take on bitcoin mining:

You have a box that you can put your cash into it and wait a year or two and in all probability, you will have a lot more cash when you open the box. On the other hand, instead of putting the money into the box, you spend all your money on a guy who promises to give you a box a few months from now only all the indications are that this box will have less money in it than the first box.

Revelations86

sr. member

Activity: 428

Merit: 252

I would say invest half in bitcoins and use the other half to build rigs for Scrypt mining (which is still profitable). This way, you don't put your eggs in one basket.

okaynow

hero member

Activity: 546

Merit: 500

PGP 9CB0902E

Buy low, sell high, keep some aside.
rinse, repeat, profit.

jonanon

full member

Activity: 154

Merit: 100

Bitcoin may increase in value if demand exceeds supply and more shops start taking BTC as a method of payment

bitcoinsrus

hero member

Activity: 518

Merit: 500

Can someone please explain why bitcoin will get higher. Everyone seems to think this. I hope it does as well.

Cryptopher

legendary

Activity: 1789

Merit: 1008

Keep it dense, yeah?

Quote from: bitcoinsrus on January 20, 2014, 02:31:00 PM

Hello, I have nearly $12,000 dollars and would like some advice on how to invest with bitcoin. Should I buy mining contracts from cloudhashing, cex.io, black arrow mining contracts
should I just short trade on coinbase, should i mine myself

Please help me out with some advice. Thanks

Avoid mining contracts, in fact, I dare say avoid mining full stop.

You are in a great position to invest in some coin and hold tight. If you are feeling fruity then try trade a few coins on the market, but no further than that.

Wait for a price that you feel comfortable to enter the market at and then go for it and never look back

rednalexa

member

Activity: 98

Merit: 10

Buy BTC for 12.000$ at a site, withdraw them to your wallet, encrypt the wallet, put the wallet on one USB drive, and a backup on 2 other USB drives. Store the USB drives in different locations. Wait...

bitcoinsrus

hero member

Activity: 518

Merit: 500

Yes bitcoin trading or holding long term seems best
Mining or cloud mining is based on difficulty.

BurtW

legendary

Activity: 2646

Merit: 1137

All paid signature campaigns should be banned.

Investing in Bitcoins is risky, but there is the possiblity of a high reward.

Investing in Bitcoin mining is more risky and the reward is less.

You can do the math from here.

inspiredinvestor

hero member

Activity: 658

Merit: 500

Quote from: bitcoinsrus on January 20, 2014, 02:31:00 PM

Hello, I have nearly $12,000 dollars and would like some advice on how to invest with bitcoin. Should I buy mining contracts from cloudhashing, cex.io, black arrow mining contracts
should I just short trade on coinbase, should i mine myself

Please help me out with some advice. Thanks

why mine? why not buy bitcoin and hold tight

at least a percentage

Johnny Bitcoinseed

full member

Activity: 154

Merit: 100

Johnny Bitcoinseed

Well, is that $12K you can afford to loose or is it all the money you have in the world? Answering that question is a good first place to start.

bitcoinsrus

hero member

Activity: 518

Merit: 500

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