After a little realization, my dream of getting a mining rig, at my current buget, I don't think that is going to happen right now. I feel like if I invest in BTC, then I'll have a better chance of makeing a profit than a beginner >50ghash/ second over the course of 6 months or so. What a really need is some advice from senior investors into some tips about BTC investing. I feel like investing in BTC is harder that say regular stock because once it tops out on the market, you sell and have to wait for it to bottom out, while in common stock you can just buy another and wait for that to rise up. I've seen people making 10k+ a month investing, so there has to be some sort of stratagy in investing. I'm willing to invest in about 1.5-2 BTC to start so keep that in mind.
Any beginner invester tips please let me know! Thanks!
It really depends on what your trying to get out of it. From what you were asking I'd guess your not looking for just buying and sitting on your BTC until they are worth 100k each or I'd say invest in it like anything else and take 10% of your monthly/weekly income (if you can afford it) and grow your btc over time. If your looking to day trade BTC I'd say pull some books on day trading stocks and adapt it to the BTC market. One thing I've noticed is that there are not that many exchanges for you to be able to short crypto so that you can capitalize on the dips and the spikes without having to use your own BTC per say.