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Old 26th June 2017, 02:41 AM
ainarssems ainarssems is offline
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Join Date: Aug 2010
Location: Rushden, Northants
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Quote:
Originally Posted by moltuae View Post
I've had investments in cryptocurrencies for a few years now and, more recently, I've done a little trading on the exchanges too. I've made far more by just buying and holding than buying and selling though. My portfolio has increased more than 10 times in value this year alone. In a few cases, altcoins that I purchased just a couple of hundred pounds of back in February are now worth over 10K. I own around 20 different cryptocurrencies now (including Bitcoin and Ethereum). Every single one of them has at least doubled in value since I bought them and the prices continue to climb.


On a related note: I've started getting heavily into mining cryptocurrencies this year too and I've been helping one of my business customers to build mining rigs. With a ROI of just 3 to 4 months, it can be extremely lucrative.
Can you elaborate about mining, I never looked into it in depth but my impression was that while its was profitable at the start these days it would barely pay electricity bill.
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