I have seen questions on the forum and it worries me to invest, I have about 8000 USD to invest and would like to know if it is a wise move or I should just keep my money.
Where can and how do I buy Bitcoins?
Thank you
8000 $ Is a big amount you can buy yourself mining hardware for this amount and mine bitcoin
my friend looked at this.
I could buy 3 x AntMiner S5+ Miners. That would cost me $7000
I would make roughly $1400 per month. - minus electricity I would make $900 per month. now to get my $7000 back, I would need 8 - 9 months. In which time difficulty would have rose so more like 12 - 15 months.
Let alone all the hassle and space. I would get my money back in BTC mining eventually, Or I could just buy 35 BTC now and hope it rises.
please correct me if my math is wrong.