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originally posted by: IAMTAT
a reply to: trollz
Thank you.
Bit is 10K...would you recommend dividing another 10 between Ether & Lite?
Bitcoin
$10,063.84
Ethereum
$475.60
Litecoin
$97.99
originally posted by: angeldoll
I'm been thinking about it too. But wait, one coin is $10,000? Sounds like it's over my head. I couldn't afford to lose that, so should I just forget it?
originally posted by: trollz
originally posted by: angeldoll
I'm been thinking about it too. But wait, one coin is $10,000? Sounds like it's over my head. I couldn't afford to lose that, so should I just forget it?
You can buy any amount of bitcoin you want... You can buy $1 worth or $1 million worth. Bitcoin is divisible into tiny amounts that are a fraction of a cent. If you wanna just get a small amount to play around with it, go for it!
originally posted by: bringmecoffee
a reply to: angeldoll
You don’t need to buy a whole “coin”. I have a Coinbase account, I’m sure there are other services but that’s what I use. You can invest as little or as much as you want. You will just have that percentage in it. I started with just $100.
originally posted by: trollz
originally posted by: angeldoll
I'm been thinking about it too. But wait, one coin is $10,000? Sounds like it's over my head. I couldn't afford to lose that, so should I just forget it?
You can buy any amount of bitcoin you want... You can buy $1 worth or $1 million worth. Bitcoin is divisible into tiny amounts that are a fraction of a cent. If you wanna just get a small amount to play around with it, go for it!
originally posted by: musicismagic
originally posted by: trollz
originally posted by: angeldoll
I'm been thinking about it too. But wait, one coin is $10,000? Sounds like it's over my head. I couldn't afford to lose that, so should I just forget it?
You can buy any amount of bitcoin you want... You can buy $1 worth or $1 million worth. Bitcoin is divisible into tiny amounts that are a fraction of a cent. If you wanna just get a small amount to play around with it, go for it!
Don't forget there's a brokers fee involved when selling it. You find this out on this when you buy into the divisible amounts.
originally posted by: Vector99
a reply to: IAMTAT
With that large of an investment you may want to look into an actual mining setup. From what I understand it costs around $2,000-2,500 to mine a single coin, though I have no idea the cost of the equipment needed, but I would assume $20k will go a long way.
originally posted by: Vector99
a reply to: IAMTAT
With that large of an investment you may want to look into an actual mining setup. From what I understand it costs around $2,000-2,500 to mine a single coin, though I have no idea the cost of the equipment needed, but I would assume $20k will go a long way.
originally posted by: trollz
It's completely up to you, but IMO ether is the safest long-term investment of the three. Ethereum has massive support worldwide from some of the largest organizations like Microsoft and Intel. It's not a currency necessarily, but rather a part of a technology that's being implemented worldwide as we speak... Kindof like if you went back in time and had a chance to invest in the internet itself. That's how important ethereum is.