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RE: The Cryptocurrency Market Cap Breaks $60B For the First Time Ever!

in #cryptocurrency7 years ago

Yeah I don't expect to blow up on Bitcoin but I figure a couple hundred worth is better than 0....I'm trying to find ways to mine without all the fancy setups...plus I've heard the horror stories about the electric bill....I'm finding all the faucets are basically scams.....

The three you've mentioned. Do you have links to then? How can I go about obtaining - just outright Fiat to crypto?

Thanks for the advice

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I would recommend using either Poloniex.com, which is a market place which you can trade and buy different coins. I usually deposit bitcoins into Poloniex and buy so on... in the exchange market. But up and coming is Bittrex.com and a lot of people are leaving Poloniex for Bittrex. And I can send you links to these three coins but I think its better if you look them up. Discovering them and fully understanding them is the best way to feel confortable investing in them.

Mining isn't really worth it for a home setup unless you're running a rig with like a min. of 6x GPU's (Video Cards) and each Video Card is going to be 220-250$ because they have to be state of the art because you want the must efficient working machine and that's not including a Motherboard that can handle 6x GPUs, processor and everything else. Plus all the learning you have to do before you even get started with that project. I would recommend looking into GenesisMining.com Where you can buy a mining contract and look up calculators to estimate what is the best option for you!

Thanks mate