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100,000 $ to invest..Should I go for Bitcoin mining?

Discussion in 'CryptoCurrency' started by whitetigerz85, Oct 3, 2015.

  1. whitetigerz85

    whitetigerz85 Newbie

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    Hi ,

    I am a 25 yr old with a degree in Business Administration. I have a manufacturing business with significant turnover. I recently came into some inheritance, while major part of it would be invested in property , stocks and other similar boring investment vehicles. I was wondering if the BHW community can suggest how can I multiply 100,000$ significantly? Can bitcoin farming still yield great returns? I can invest more but only if its a sure shot game. I would really appreciate the guidance of all the veterans.

    regards
     
  2. EatSleepSEO

    EatSleepSEO BANNED BANNED

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    I can already tell that you do not have $100,000. If you do (Which I doubt), seek a financial adviser or create a wealth management account where "professionals" will invest in to promising stocks for you.
     
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  3. sam.hunt0710

    sam.hunt0710 Jr. VIP Jr. VIP

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    If you are having such huge amount ( around 60lakh INR ) to invest hire a Financial adviser , and for sure if you are running a Manufacturing unit you must be having CA , CS team to make audit reports for your company , seek advice from them.

    Property , Gold are good option to invest here in India.
     
  4. Ambitious12

    Ambitious12 Elite Member

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    Agreed with samhunt,better one to invest on startups and get your profits.
     
  5. NGALO1983

    NGALO1983 Junior Member

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    Bitcoins is not looking good right now. Invest in something else but make sure you do a good amount of research before you invest a large amount.
     
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  6. mickyfu

    mickyfu Jr. VIP Jr. VIP

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    Every month someone with a new account comes here with a $100,000 inheritance to invest. What is the catch?
     
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  7. soaefm

    soaefm Newbie

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    Hello

    By location in your profile you are an indian, then you must know that Bitcoin Restriction is there in india, As said by RBI.
    Invest in startup company in india or start your own company.

    Invest in blue chip stocks recommend by stock expert for long term.
     
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  8. aBoss

    aBoss Regular Member

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    Just buy $100k worth of BTC and next year it will double. $100k profit doesnt get that much easier. Remember who said it tho
     
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  9. IamNRE

    IamNRE Jr. VIP Jr. VIP Premium Member

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    They are the sons of CEO sam. LOOL
     
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  10. IamNRE

    IamNRE Jr. VIP Jr. VIP Premium Member

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    If you're not full of shit..... Hire an agency to create a CPA offer for you, launch it, make generate $30k+ per month in profits through affiliates (passive income).

    Flip it after 6 months for $500k.
     
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  11. whitetigerz85

    whitetigerz85 Newbie

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    Eatsleeps - Wow. You already know i dont have 100,000$. You must have special powers. Though I am sure having some common sense would have helped too ;)

    Anyways have I not already mentioned that a major part of my inheritance would be diversified into other boring investment options like property, bonds, stocks etc? That is the stuff financial advisers plan.

    The idea is to invest 100,000$ into some high risk high gain option and learn something along the way.

    Still appreciate you taking the time to reply :)

    thanks
     
    Last edited: Oct 3, 2015
  12. whitetigerz85

    whitetigerz85 Newbie

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    aBoss - really? You think BTC would still offer that kind of appreciation? If so would it not be wise to get into the BTC mining game?
     
  13. whitetigerz85

    whitetigerz85 Newbie

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    Hi,

    Major part of my inheritance would be invested in Bluechip stocks, REITs and infra bonds. I feel I can spare some money to take risk and learn something new and profitable. I have business interests in Dubai and Nepal as well and I believe I can invest into BTCs via those routes. Though the question is if its worth it?
     
  14. whitetigerz85

    whitetigerz85 Newbie

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    NGALO1983 - Its very confusing. Some people are claiming BTCs still have very good potential while some have predicted its fall. Cant decide if mining it is feasible or not.
     
  15. whitetigerz85

    whitetigerz85 Newbie

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    Hi,

    Can you suggest any good ones and yes these are the type of investment options I am looking for.
     
  16. Ambassy

    Ambassy BANNED BANNED

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    Bitcoin mining? Wait, are we in 2012 or 2015?
     
  17. whitetigerz85

    whitetigerz85 Newbie

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    Yes I know I am late to sail in that river. But I just wish if someone experienced in BTC mining could share the current scenario and figures.
     
  18. lifehackinvent

    lifehackinvent Newbie

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    Although there are many doubters, I still believe that you can make lots of money when investing in Bitcoin/other cryptocurrencies, even till this day. You have to have patience though, and you have to know exactly what you're doing. The price will go up and then you'll hit the jackpot!
     
  19. royserpa

    royserpa Jr. VIP Jr. VIP Premium Member

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    *CEOGod, please!

    No disrespect for him!

    Now vow and apologize! :D
     
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  20. IamNRE

    IamNRE Jr. VIP Jr. VIP Premium Member

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    My apologizes. CEO God, we are not worthy.

    All hail the CEO God.


    Here is is a picture from CEO God's instagram.... he has bought some new stuff to show off his awesome CEO status:

    Household-Items.jpg

    And btw.... brand new, this costs like $30.
     
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