Post
Topic
Board Economics
Re: Where can i invest my money?
by
geegaw
on 16/10/2017, 14:52:14 UTC
I currently have 2mil usd for investment.

I wanna invest it on bitcoin. Where can I invest it?

Please give me all the alternatives

thanks!

also, please look at my first post I plan to build a mining farm: https://bitcointalk.org/index.php?topic=1764338.msg17619998#msg17619998
You say that you have 2mil usd and want to invest on bitcoin, then go ahead and invest it over there. Smiley
Where can I invest it?
You mean where can you buy it?

That's a lot!, I've read that bitcoin is being mined and it's a bit costly to do mining because of the computer you need. I was thinking, since you have the that amount of money that you wanna invest, you could try investing on bitcoin mining farm. But I've also read that mining bitcoin is getting more difficult as every bitcoins are being mined, bitcoin has a specific amount that if they're already mined, them your mining farm would be of no use anymore. But if you have mined enough bitcoin to be considered as profit then I guess it is worth the investment.


today there are so many bitcoin miners that the competition will be even tighter, because the equipment they use is very big and sophisticated if we are small trying to compete I think it would be very difficult to get a block of bitcoin

Yes, Bitcoin is gradually becoming popular and many people have a lot of money wanting to invest in bitcoin, they do not have much free time and mining is the perfect choice for them, it helps them get passive income source best. And because of this, bitcoin mining becomes more difficult, mining equipment also becomes expensive, at present, mining is no longer the ideal destination for investment, time to recover capital is very long. I think now, it is best to invest money in the altcoin market, this is where we can make a lot of money, but first, we need to accumulate and study skills and experience to deal with risks