I asked for a loan to resolve some personal expenses and I still have about $1200 left, I have the intention to invest this money and with all the cryptocurrency uproar I do believe this new universe is probably the best place to invest this money, (if I'm wrong, let me know)
Now, I have two main ideas, either I purchase $1200 worth of bitcoins and hold on to them expecting a higher capitalization, or I invest in mining equipment to mine some altcoins.
I currently have a gaming rig with a R9 270X card, which, for mining purposes is profiting me about $20 a week.
What would you suggest me to do?
You know what pal, if that $1200 is what's left from that previous loan you did, i would suggest that you give it back now as payment for your recent loan so that it will decrease. Then, work instead in the forum while using that ging pc as altcoin miner to get capital or at least until you pay up the loan and have enough extra cash to play with. Doing this will not only give you lots of extra income for capital but also increase the knowledge you already have here in the crypto world. Which obviously is something you can benefit a lot with.
But, if you really wanna play with that money, i suggest you read a bit first and understand altcoins and icos. Then invest in promising icos. This will surely guve you lots of profits if you manage to do it right.