Topic: Any such service like the freebitco.in website investment? (Read 817 times)
I've been thinking about your question and the only answer that pops out from my mind is to invest your bitcoin to some reputable gambling sites. I know that there are some gambling sites that accepts bitcoin as an investment and they will use your bitcoin to include it into their own bankroll. There is some risk here though because they might close down or if some player get lucky and win big, you might lose some of your investment. I believe Moneypot is a legit gambling site and you can check their thread or website to see if it suits your taste.
Try to invest in Forex & CFD. According to risk, you courd earn really more
Well, I totally agree with that point of viee, because playing on forex can bring you massive gains even with small deposits.But it is not that easy, only experienced trader can make himself successful at the FX.
In trading pairs (e.g EUR/USD) with leverage at forex markets, you will meet a bunch of big whales and more old traders, which will always have advantage.
I would suggest staying out of Forex trading without any specific background which contains exact strategy.
That is why people who invest in sites like Freebitco.in are doing this. Because the risk.
Forex is different from passive income investment. On Forex you need to spend time with that and with the risk to lose money with the wrong choices. Passive income you don't need to do anything, even you don't need to be online everyday, it's like a saving account and the only risk is if the site run away with all your money.
I think both investments can't be compared as they work in different ways.
Try to invest in Forex & CFD. According to risk, you courd earn really more
Well, I totally agree with that point of viee, because playing on forex can bring you massive gains even with small deposits.But it is not that easy, only experienced trader can make himself successful at the FX.
In trading pairs (e.g EUR/USD) with leverage at forex markets, you will meet a bunch of big whales and more old traders, which will always have advantage.
I would suggest staying out of Forex trading without any specific background which contains exact strategy.
According to https://freebitco.in/
They paid : 4.08% interest Annually
Which makes 365/4.08 = 0.01% a day
Its still consider an okay-ish investment but of course it has its own risk.
Therefore, is there any program with similar service which pays higher % rate and a secure one?
I know its better to invest in some potential alts for more interest but looking for a stable one for bitcoin investment
Thanks
They paid : 4.08% interest Annually
Which makes 365/4.08 = 0.01% a day
Its still consider an okay-ish investment but of course it has its own risk.
Therefore, is there any program with similar service which pays higher % rate and a secure one?
I know its better to invest in some potential alts for more interest but looking for a stable one for bitcoin investment
Thanks
It's better not to put your money in this kind of investments, they may be paying now but you might
be surprised what might happen next. there were a lot of seemingly legit investment sites that is running for
months, not missing a payment to their investors, but after getting enough trusts and enough investors
they will suddenly vanish, closing their site ignoring every email the get etc...(in short exit scam will happen).
I personally feel that it would be better if you invest in freebitco.in rather than finding a better place to invest mainly because it is less risky and what they are going to give back is actually a feasible payment.
Poloniex lending is also a preferable option of you know and understand how that works.
I would not suggest investing in altcoins though.
Poloniex lending is also a preferable option of you know and understand how that works.
I would not suggest investing in altcoins though.
This is a problem with real sites: they pay very little. 4% a year seems like a legit investment, but there are many ways you could earn the same amount. One of the easiest is to keep your fiat on a savings account. Some of them pay up to 5% a year. Even though this site is trusted it's still owned by a private individuals, who are more or less anonymous and might decide one day they need the money more than they need the business.
Mt.Gox was a legit service once and then the money and BTC evaporated in a mysterious way. We might see situation where the service is waiting for the right time when they gain enough number of deposits which will justify pulling off an exit scam.
I sincerely hope this is not the case with freebitco.in
Another remainder - current Bitcoin volatility index is 5.05% (Latest 30-Day Estimate)
Unfortunelly this is the risk when investing online with Bitcoins, we don't have guarantees if something will work 100% well, unexpected things always happen here. You must calculate if the investment worth the risk for you, it will depend from people to people. The decentralization and the absence of regulamentions are good for many reasons, but this is one negative consequence of that...
This is a problem with real sites: they pay very little. 4% a year seems like a legit investment, but there are many ways you could earn the same amount. One of the easiest is to keep your fiat on a savings account. Some of them pay up to 5% a year. Even though this site is trusted it's still owned by a private individuals, who are more or less anonymous and might decide one day they need the money more than they need the business.
Mt.Gox was a legit service once and then the money and BTC evaporated in a mysterious way. We might see situation where the service is waiting for the right time when they gain enough number of deposits which will justify pulling off an exit scam.
I sincerely hope this is not the case with freebitco.in
Another remainder - current Bitcoin volatility index is 5.05% (Latest 30-Day Estimate)
Lend on Poloniex. It's risk is very low (pretty much just Poloniex running away or an altcoin that the traders purchased crashing a lot with very short buy book), and the returns are low as well, to compensate for that. You can make 0.06% returns daily right now, though it usually is lower. People are more scared to lend now because funds lent will not get BTU in case of a BTC/BTU split. 0.03% ROI daily was what I saw before the BU drama started.
If you want to make a run for your money, I suggest you stop looking for something else and stick to a realizable returns because any site that will offer more than that by a large percentage is sure of tending towards scam and freebitco.in has been here for s while which makes them trustworthy and I am sure they must have done a lot of ground work before coming out with this and to be sure its going to be sustainable...
You can invest in few gambling platform that are giving good returns but there is also risk of some loss if someone win big. Crypto-games.net, yolodice.com etc are few good sites to invest into.
If you want to have profit on long term you can try a casino bankroll investment. You will surely earn much more than 4.08% profit annually, but on short term you can have some losses, so be prepared for this...
Lending can give you a return similar to 4.08% annually also, but you need a trusted platform. I think Poloniex is one, but recently I heared some negative opinos about Poloniex, so I don't know if it's still good, maybe someone can confirm this information here.
Lending can give you a return similar to 4.08% annually also, but you need a trusted platform. I think Poloniex is one, but recently I heared some negative opinos about Poloniex, so I don't know if it's still good, maybe someone can confirm this information here.
Try to invest in Forex & CFD. According to risk, you courd earn really more
I don't think there is any other legit service who have higher annual interest than freebitco.in but you can lend your bitcoin in poloniex from which you may earn more than 0.01% daily as loan interest. Unlike other p2p lending services margin lending there have almost zero risk.
basically freebitco.in is a faucet sites and this investment program is new feature from them but as far as i know that there is no other faucet sites offering similar program such as freebitco.in and my advice to you is to avoid things that are undesirable invest small amount maybe fine because most people has been doubted this is could be succesfully long term program
The freebitco.in investing programme looks like it is totally not worth it to get in with your own money.They offer around 4.08% every year you say, but look at it from the other perspective: most of legal companies, or banks can offer you 4% income every year when you invest.
The difference is only between the minimum investment size: you rather cannot invest 100$ in bank because of the very small gain. However you can do it with most of these "investing" sites, when most of them look like HYIP or cloudmining "company".
Bear in mind that most of them will turn out as a ponzi's.
This is a problem with real sites: they pay very little. 4% a year seems like a legit investment, but there are many ways you could earn the same amount. One of the easiest is to keep your fiat on a savings account. Some of them pay up to 5% a year. Even though this site is trusted it's still owned by a private individuals, who are more or less anonymous and might decide one day they need the money more than they need the business.
basically freebitco.in is a faucet sites and this investment program is new feature from them but as far as i know that there is no other faucet sites offering similar program such as freebitco.in and my advice to you is to avoid things that are undesirable invest small amount maybe fine because most people has been doubted this is could be succesfully long term program
No.
Freebitco.in is a trusted faucet running for a long time. But still we can say that putting your money with them isn't worth it. What are the chances that a Bitcoin company like that, which seems pretty desperate for money as it is, is going to last more than 100 / 4.08 = 24.5 years continuously giving you these returns? Looks to me pretty close to zero, and any investment, even in casino bankrolls, is safer in itself just because you can diversify.
And if you're just talking about other groups' rates, you're talking about 2.5% on most of the major ones. Not that that money is safe either, it's basically an online wallet with a service that's messing around with your money and could fail or even turn into a scam.
Freebitco.in is a trusted faucet running for a long time. But still we can say that putting your money with them isn't worth it. What are the chances that a Bitcoin company like that, which seems pretty desperate for money as it is, is going to last more than 100 / 4.08 = 24.5 years continuously giving you these returns? Looks to me pretty close to zero, and any investment, even in casino bankrolls, is safer in itself just because you can diversify.
And if you're just talking about other groups' rates, you're talking about 2.5% on most of the major ones. Not that that money is safe either, it's basically an online wallet with a service that's messing around with your money and could fail or even turn into a scam.
According to https://freebitco.in/
They paid : 4.08% interest Annually
Which makes 365/4.08 = 0.01% a day
Its still consider an okay-ish investment but of course it has its own risk.
Therefore, is there any program with similar service which pays higher % rate and a secure one?
I know its better to invest in some potential alts for more interest but looking for a stable one for bitcoin investment
Thanks
They paid : 4.08% interest Annually
Which makes 365/4.08 = 0.01% a day
Its still consider an okay-ish investment but of course it has its own risk.
Therefore, is there any program with similar service which pays higher % rate and a secure one?
I know its better to invest in some potential alts for more interest but looking for a stable one for bitcoin investment
Thanks
Jump to: