Can u help me with advice, i have 7000$ for investion, do i invest in mining rig for litecoin or some hardware for bitcoin? Your advice?
Buy some coins and hold on to them.
When the price rises sell a portion of them (enough to break even and make a bit of profit) and keep some for when the price gets even higher.
If the price drops along the way, then use the money you got when you sold some to buy some more coins.
And when the price raises sell....
And so on, and so on........
this is the smartest you can do.
yet, don't invest more than 15% of your savings in bitcoin.
assuming you can afford to lose those $7000 if things go bad.
everyone can say what they want, but nobody knows about tomorrow, and even if I believe that the price will go down again in early june, after that has everything to raise quite a lot later in the year.
still, bitcoin investments are very risky, some events can happen that would lead back its value close to zero. we hope not.