To those that have helped me in the past...

[Psycho Sonny]

FYI - his in laws have given him £5K cash. it's not as if he's flush with money. however he was thinking about blowing the whole £5K on a mining rig until it was pointed out maybe he should pay back the people that helped him out in the past.

my advice would be to pay whoever helped you out back if they want it. then take whatever you have left over and stick it into a mortgage.

 

[RoboCod]

In for free money!

J/k, glad things are on the way up mate

 

[=XDC=FluphyBunny]

FYI - his in laws have given him £5K cash. it's not as if he's flush with money. however he was thinking about blowing the whole £5K on a mining rig until it was pointed out maybe he should pay back the people that helped him out in the past.

my advice would be to pay whoever helped you out back if they want it. then take whatever you have left over and stick it into a mortgage.

Oh wow you couldn't make that up. Just for that if I had given him money, I would ask for it back.

The guys brings half his problems on himself.

 

[Vidar]

FYI - his in laws have given him £5K cash. it's not as if he's flush with money. however he was thinking about blowing the whole £5K on a mining rig until it was pointed out maybe he should pay back the people that helped him out in the past.

my advice would be to pay whoever helped you out back if they want it. then take whatever you have left over and stick it into a mortgage.

Oh wow you couldn't make that up. Just for that if I had given him money, I would ask for it back.

The guys brings half his problems on himself.

It's like you people are deliberately misinterpreting my posts, fine toll on if you have nothing better to do but let me be clear... here is my OP from the thread in the crypto currency forum.

Hi guys,

I'm completely new to mining, I have no idea about any of it other than SOME people have made quite a lot of money off of it. And I'm wondering if it would be a good way of generating some additional income.

Could someone point me in the right direction with a really good guide, any tips etc?

If I could guarantee a good monthly ROI I could invest up to £5,000.00 to get started, basically me and my fiancee have been given some money to help us get on our feet now we've had the baby, so if I could generate extra cash each month that would pay off the investment relatively quickly and provide additional monthly income in the future I would go down that route.

Any help would be greatly appreciated.

I'm looking at lots of different options to best use this cash that me and my partner have been given, in no way have I said that I am definitely buying a mining rig or blowing money on anything else for that matter, I have clearly said IF it provided a good ROI then I would go down that route. Sure I could go out and buy things needed but if I could see a monthly return instead of just spending it I would rather do that. For example from suggestions I've received already I am reading up on stocks and shares ISA's as one possibility.

@Thekwango was of course right that now I'm doing better I should be looking to pay people back, as I've said its something I've been thinking about anyway so here I have started a thread to help me track down those people as I can't seem to locate all the transactions through paypal and haven't kept all of my trust messages that I can see.

There are people I have already paid back previous to this and people who have told me not to worry about it so I would appreciate it if people didn't just jump to conclusions about me.

 

[BDEE]

Oh wow you couldn't make that up. Just for that if I had given him money, I would ask for it back.

The guys brings half his problems on himself.

Posts like this is the reason why he SHOULD look to repay people. If he doesn't people are forever going to remind him of people giving him money every time he mentions anything of any value he is purchasing.

 

[RoboCod]

Posts like this is the reason why he SHOULD look to repay people. If he doesn't people are forever going to remind him of people giving him money every time he mentions anything of any value he is purchasing.

It wouldn't be the 21st century if we weren't all sanctimonious **** holes telling poor people how to spend the charity we bestow upon them. "Oi, homeless man. I'm not giving you any money, you'll just spend it all on booze! Now get up off your back side and get a job you bum".

 

[Diddums]

FYI - his in laws have given him £5K cash. it's not as if he's flush with money. however he was thinking about blowing the whole £5K on a mining rig until it was pointed out maybe he should pay back the people that helped him out in the past.

my advice would be to pay whoever helped you out back if they want it. then take whatever you have left over and stick it into a mortgage.

Why are you trying to turn this in to a witch hunt?

 

[=XDC=FluphyBunny]

It wouldn't be the 21st century if we weren't all sanctimonious **** holes telling poor people how to spend the charity we bestow upon them. "Oi, homeless man. I'm not giving you any money, you'll just spend it all on booze! Now get up off your back side and get a job you bum".

He should have thought of offering the money back himself it is the right thing to do. In those circumstances I doubt anyone would have taken it. Nothing sanctimonious about that.

edit: thinking about this am I just stuck with old fashioned morals? If someone lent me money and I came into some money the first thing I would do is offer to pay them back. Is this unusual. Is this an unpopular opinion?

 

[Psycho Sonny]

Why are you trying to turn this in to a witch hunt?

Just giving background into the subject at hand. I also gave him some sound advice. Plough the cash into a mortgage.

https://forums.overclockers.co.uk/t...y-within-6-months-or-wait-for-volta.18797073/

This also proves my point. He wants a £700 GPU and a £700+ 4k monitor within 6 months time. Yet he could easily use his current GPU and monitor for the next 2-3 years and stick that £1400+ to much better use.

So do you think the best option is to not call him out? and let him continue spending money in stupid ways which he never earned yet has financial difficulties? It's his money he can do what he likes with it. But without calling him out chances are he will never learn.

I used to work alongside a girl. Lived at home. Had car on finance, multiple loans and credit cards. Was so broke she had to take up an evening and weekend job on top of the 9-5. Yet she moves out of her mums place and in with her new BF which she has been seeing for all of 5 minutes and now has proper bills to pay and starts constantly complaining about her debt. Yet as soon as her car finance is paid off. Guess what? She is looking at financing a new car because one of her friends just got a flashy car on finance.

Some people will never learn unless you call them out on it. Even then they will bury their heads in the sand and continue spending cash needlessly when they cannot afford to do so.

So you think we should just pat them all on the back or give them some real advice?

OP if you don't own your own home outright. This is what you should be focusing on. Not GPU's, 4K monitors and mining rigs. Especially since you have young kids to feed. Unless of course you can afford all of this comfortably. If you can then carry on spending, I'd recommend forgetting 4K and go 1440p (2K) and 144hz+ and couple it with the 1080ti. I heard OcUK even do finance so look into that.

 

[Diddums]

Just giving background into the subject at hand. I also gave him some sound advice. Plough the cash into a mortgage.

https://forums.overclockers.co.uk/t...y-within-6-months-or-wait-for-volta.18797073/

This also proves my point. He wants a £700 GPU and a £700+ 4k monitor within 6 months time. Yet he could easily use his current GPU and monitor for the next 2-3 years and stick that £1400+ to much better use.

So do you think the best option is to not call him out? and let him continue spending money in stupid ways which he never earned yet has financial difficulties? It's his money he can do what he likes with it. But without calling him out chances are he will never learn.

I used to work alongside a girl. Lived at home. Had car on finance, multiple loans and credit cards. Was so broke she had to take up an evening and weekend job on top of the 9-5. Yet she moves out of her mums place and in with her new BF which she has been seeing for all of 5 minutes and now has proper bills to pay and starts constantly complaining about her debt. Yet as soon as her car finance is paid off. Guess what? She is looking at financing a new car because one of her friends just got a flashy car on finance.

Some people will never learn unless you call them out on it. Even then they will bury their heads in the sand and continue spending cash needlessly when they cannot afford to do so.

So you think we should just pat them all on the back or give them some real advice?

OP if you don't own your own home outright. This is what you should be focusing on. Not GPU's, 4K monitors and mining rigs. Especially since you have young kids to feed. Unless of course you can afford all of this comfortably. If you can then carry on spending, I'd recommend forgetting 4K and go 1440p (2K) and 144hz+ and couple it with the 1080ti. I heard OcUK even do finance so look into that.

Are you his financial advisor? His mom? What's the deal? The guy's clearly come in here to offer thanks to those who have helped him, it's not your place to bring up his other threads.

 

[atpbx]

Ahh a Vidar thread, its always good to pop back to the forums and see nothing has changed.

 

[sigma]

Are you his financial advisor? His mom? What's the deal? The guy's clearly come in here to offer thanks to those who have helped him, it's not your place to bring up his other threads.

Normally I'd agree with you but I think PS is in the right here.

Some people do need it spelling out to them.

 

[Vidar]

Seriously some of you are beyond belief...

None of you really know my personal circumstances but clearly aren't ever going to be happy no matter what I say or do. This money we've been given isn't going to be peed up the wall, it's been given to help us out. So forgive me for simply trying to get information on whether or not currency mining would be a good investment. It's not for me, oh well.

Let me apologise for getting completely savaged financially by a psychotic and abusive ex and I'd like to apologise for taking longer to put my life back together than some of you would, oh and for asking for and receiving help. I suppose I should also say sorry for thanking people and for offering to pay them back but not fast enough for some of you. I mean it's been a whole 6 weeks or so roughly since I started getting more hours in work. I'm also sorry for finally wanting some new things.

What you may find surprising is that I actually only have one credit card that I'm using to try and rebuild my credit file and have just refused an increase to my credit limit as I'm only using it to buy food shopping and paying it off in full every month. I will not be in debt ever again, especially in a job that could be changed in a moments notice. So yes am being very careless, clearly. Would love to own my own home but I'm not taking any risks not that I could get a mortgage anytime soon anyway. Hence why I'm trying to rebuild my credit rating so that if things change in the future I'll be in a good position to if I can afford it.

What's now left of my debts are well in hand. If you need to read what I've said again about Thekwango suggesting I pay those who helped me out back, I was already thinking of it, I haven't specifically said but I wanted Christmas out of the way first. How morally bankrupt of me, even though I have already paid some people back which has been mentioned on these forums before.

If it's not clear, that is the final time I'll be explaining myself I've made mistakes and some bad choices but I'm making positive changes and am now actually happy for once.