I just opened my eyes to Bitcoin mining, I save up 80$ every month and was thinking maybe investing them in bitcoins wouldn't be that bad an idea? Whats your thoughts on this, what should a first timer know?
It would be the best idea of your life but I suggest if you have such a small portfolio why not try to invest in some altcoins in search of better returns? I mean Just a few days ago XRP reach $1.1 from $0.15 this exciting growth means that it grew nearly 8 times from its original value in just around a month and guess what it still is on roar. You can't really expect such quick returns from btc now. Its pace of growth is now much slower than other coins but it still exhibits great deal of volatility.