Post
Topic
Board Economics
Re: $1,500 to spend - buy btc, or buy another miner?
by
BTRIC
on 03/12/2017, 02:11:27 UTC
So after being paid a little bonus, i'm wondering what is best to do....

I'm not sure how low BTC will come down to after this monsterous surge, so i figure i have 2 options:

1 - Buy BTC when i figure is the best time. But when is that time?!?! Is it when it reaches $9,000? $8,000? Is it even likely to go that low again?

2 - Buy another miner and have it hosted somewhere. I already have a home miner so i'd like somewhere cheaper to run another one (expensive and inconvenient in the UK), and i'd like to skip the $200/250 import VAT duty. But then i have to wait 2 months or so for an S9. Or maybe worth waiting until the new Avalon 8 series comes out early next year?


With this amazing surge in price, i'm tempted to just buy more BTC, but then i am concerned the price might correct itself and lose out.

Thoughts everyone? What would you do with $1500?  Huh

Buy $1500 of BTC during a dip.  Wait a few days, maybe a week or two, till it goes up $1500, then sell that portion of BTC (hodl the rest of your dip purchase, so about half) and get your miner.