Quote:
Originally Posted by steamship
With those frank and honest words by ulfilias above, I will be considering what you said here. Pick a sum that I'm prepared to lose, and invest it. Watch and wait, and sit on my hands to stop me selling at the slightest hint of a downturn. Then, as you say, if things go well, I'll be able to withdraw my initial investment and continue with the profits.
Up until now, I've had too many options to consider between GPU rigs, ASICs, direct trading and investing. At least now I can focus on the one area.
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I'd be tempted with beer money and have said to a few friends the same sort of thing. Do a bit of research find a coin or two you believe are good and throw £10-50 at it and then pretty much ignore it for a year.
The kind of money you blow on a night out won't make any difference to your night out (drink water or soda and lime/blackcurrant etc) but if it takes off it could make a nice amount to play with. If it doesn't then realistically you've not lost anything, you've also gained insight, education and you've tried!
It's better odds than the lottery that's for sure!