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Showing 2 of 2 results by ilzot
Post
Topic
Board Economics
Topic OP
Beginner Tips on Investing in Bitcoin?
by
ilzot
on 05/05/2014, 13:11:36 UTC
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!
Post
Topic
Board Mining speculation
Topic OP
Begginer BTC Miner Wants Some Help!
by
ilzot
on 04/05/2014, 23:56:44 UTC
Hey Guys,

Well, after doing a bit of research, I am really considering getting into BTC mining. My only real problem is that I'm in highschool, so i don't have tons of money to invest in this right away. What I want from you guys is a recommendation in to how I can get into BTC mining for like $100-$500 bucks. I realize that's an incredibly small budget to have, but I plan to use this cheap rig to raise me enough money to buy an even better rig that I'll stick with and use long term. I've seen things like raspberry-pi rigs which are kinda cool, but I feel may not be worth it.

Like I said, I'm a beginner, so feel free to leave me some advice!

Thanks Everyone!