Re: Student loan of 1000$; What currency would YOU invest in?
Don't do it, investing in any cryptocurrency right now with borrowed money is just asking for trouble.
I'd say it would be better to invest in a cheap 1 or 2 gpu mining rig (single R9 280x or dual 7950 if you can find them) and mine the currency of your choice. Even if BTC goes to 0, you could still part it out or use it as a gaming machine
I'd say it would be better to invest in a cheap 1 or 2 gpu mining rig (single R9 280x or dual 7950 if you can find them) and mine the currency of your choice. Even if BTC goes to 0, you could still part it out or use it as a gaming machine
Good advice. An investment to start out with but it should earn itself back pretty soon enough. After that you can build up some "own" money to start speculating. If it goes wrong on your first few crypto investments, it's all gone and you'll be stuck feeling very bad about it.