I'm just learning about your world in the last few days. I stumbles across it while my son was looking at used gaming PC's and we came across one that was built for btc mining. So we researched what it is...
Geez I wish I had bought 100 jalapeños last year.
My son and I are considering getting in as a father son project.
My choices seem like:
1. Buy a PRE-order 60 single and wait...losing the best capture opportunity in the next couple months but spending only a few thou. I'm worried that by the time I get it, I'll get frustrated with the payback.
2. Buying In-hand 60 for 10k...but worried that I'll NEVER recover the 10k. Seems like a ridiculous gamble.
3. Buying a severely over-priced jalapeño in hand and call it cheap entertainment even if it never pays for itself.
4. Wait for a jalapeño from BFL and call it really cheap entertainment but mine almost nothing.
5. Invest in btc and let someone else mine, but that defeats the father son time thing.
Save my money, and buy some puzzles...lol, j/k really think this could be fun for us, cuz he's a gamer, and really into computers, and I love gambling, risk taking and investing.
Plz give me some basic advice...is it too late???
It is not too late yet, but if you are looking for fast profit, you've missed the train. Diverse your investment to minimize your potential loses if you have any. Invest 33% by buying BTC directly, 33% in ASIC miner (or other) stocks and 33% in ASIC's. Behave, think and act as investor on a high risk market. Consider that 1 BTC can reach value of 1 or more mils per unit after 5-10 years (after it is being widely adopted) Take a look at KnC Miner
https://www.kncminer.com/ as they have better pricing for $/GH/s ratio and better chances to deliver in promised window than BFL. Also, the other way is to invest in GPU miners and mine some alts as LTC then trade them on some exchange for BTC or fiat.