Hello everybody,
I made an account because I would like some opinions on Bitcoin and if I sould invest in it or in other cryptocurrencies.
I can invest enough money (up to 5k) in equipment or cloud mining. Mind that my country has pretty high electricity cost thus buying
my own machines is not going to be any proffitable. Should I try cloud mining and if so, which company do you sugget?
Or maybe I just shouldn't invest in Bitcoin at all?
I'd really appreciate your feedback,
John
I made an account because I would like some opinions on Bitcoin and if I sould invest in it or in other cryptocurrencies.
I can invest enough money (up to 5k) in equipment or cloud mining. Mind that my country has pretty high electricity cost thus buying
my own machines is not going to be any proffitable. Should I try cloud mining and if so, which company do you sugget?
Or maybe I just shouldn't invest in Bitcoin at all?
I'd really appreciate your feedback,
John
I'd suggest you to break down your investment in four equal parts.
Part 1: Buy bitcoin.
Part 2: Buy altcoins. Refer: www.coincap.io
Part 3: Buy hash power from cloud mining website. For profitability check: www.cloudmining.website/calculator.php
Part 4: Buy hardware to mine at home. When you find that this is a losing investment, sell gears and buy more hash power.