Cryptocurrencies, have you invested?

Firstly, I haven't the hardware to efficiently mine any coins.

But I have made the decision to finally invest £1000 of my hard earned cash into the currency. I understand its an incredibly volatile market, and could even crash at any moment. However, there is outstanding potential for profit.

I think my spread will be as follows:


Anyone have experience with dealing in this sector of the interwebz?

Very, very foolish idea. You clearly don't understand just how volatile it is.

Yes, there is the chance of a high pay off, as is the way with any volatile market but similarly, the risk you're taking is extremely high, so investing small amounts that you're willing to lose is fine but I wouldn't risk large amounts. It may well work out for you but it could just as easily go the other way, I wouldn't say the odds are any better than 50/50.

Let me ask you, if we were to flip a coin and you double your money if you won and lost everything if you lost. Would you still invest £500? If your answer is yes, then continue, if no, then perhaps you should really re-evaluate the risk in your investment, rather than being blinded by the potential upside.

Firstly, I haven't the hardware to efficiently mine any coins.

But I have made the decision to finally invest £1000 of my hard earned cash into the currency. I understand its an incredibly volatile market, and could even crash at any moment. However, there is outstanding potential for profit.

I think my spread will be as follows:


Anyone have experience with dealing in this sector of the interwebz?

idiotic price lol

i paid £250 for mine a few weeks back , brought 3 ish, sold 1

The BTC investment is actually somewhat stable.

It is the other currencies that are hugely unstable and hence have a lower investment.

You realise that prices change, right?

Firstly, I haven't the hardware to efficiently mine any coins.

But I have made the decision to finally invest £1000 of my hard earned cash into the currency. I understand its an incredibly volatile market, and could even crash at any moment. However, there is outstanding potential for profit.

I think my spread will be as follows:


Anyone have experience with dealing in this sector of the interwebz?