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Re: LOOKING TO INVEST MY LIFE SAVINGS NEED ADVICE
by
ginellis
on 04/10/2018, 11:44:29 UTC
Quote from: evforster on October 02, 2018, 09:48:12 AM
Quote from: hispout on September 28, 2018, 08:09:44 AM
Quote from: moeowaynat on November 14, 2017, 07:13:15 AM
Hello Everyone,

I need your help! I have been doing research on what hardware to buy to mine Ether and Bitcoin. I'm investing my life savings so this is really serious for me so if you can help it would mean alot. I have alot of space for equipment so that wont be a problem. I need help figuring out what equipment to buy for ether and bitcoin minning, and how much it will cost me? Any advice will be much appreciated.


Thank you
Smiley
You’re just trying to take a huge risk by doing that, investing your life savings? Lol, are you serious with that? 😳I can never do that, I’d rather divide that money and keep like 50% in my savings and then use the other 50% to look for what I’m going to invest in, and while investing I’m not going to invest only in Bitcoin, I will diversify and invest in like two to three things.
You can search Google for your required mining hardware and other accessories. The important thing is that how much money do you have because you told that you want invest all your money? If you have very big money then you should not invest all your money in mining. Buy some coins because if you fail in mining your coins will recover your deficits.
I suggest you not to invest all your money in cryptocurrency because it is very risky and there is no guarantee that you will earn money from your investment. It is better to keep some money in your bank account and if you realize that crypto investment is more beneficial than bank account then you can invest the rest of your money but don’t take risk to invest all your money.