I have some bitcoins with Coinlenders which I'll be taking out as soon as my CD matures in about a month. It'll be about 4.9 bitcoins, and I'm looking for another place to invest them. Anyone have any suggestions?
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Topic: Any suggestions for investments? (Read 2441 times)
what a thread necro!
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Err! How about "investing" them in that strange new currency called Bitcoin?
I think NEO would be a nice investment. It is trying hard to attain decentralization. I like the idea of NEO's smart economy. Last year when the prices of NEO skyrocketed, NEO had hit an all-time high. Its price continued at a decent level for more than a month following the price drops. During February, the coin was around 140 dollars. I think it is a good time to buy.
bASIC Mining since this seems like your first investment.
I'm fairly experienced in the traditional investing world, but not as much with bitcoin investments. It'll be my first outside of Coinlenders, yes.
bASIC Mining since this seems like your first investment.
What's your point?
The fact is that InactiveMining cheerleaders don't put money where their mouths are.
The truth is that they just hope to get out before the others when bad things happen.
The fact is that InactiveMining cheerleaders don't put money where their mouths are.
The truth is that they just hope to get out before the others when bad things happen.
Biggest eye roll ever
Yes, all six of them.
ACTM is a good choice now.
That's how it is with investing. It's always easier to see this sort of thing in retrospect. I'm still kicking myself for not buying Google's stock when it went IPO at $80. It's only gone up by a factor of ten since then. My reaction at the time was obviously way off, "Seems overpriced." Oops.
I actually would have bought in but my reaction at the time was "Fuck me, I'm a highschool student with no money"
You had better instincts than I did then, at least. Oh well, I managed to at least buy a few shares of Tesla back when it was $30 earlier this year, so at least I'm not calling them all wrong. I'd have bought way more than three shares had I known that it was go up by a factor of five in less than a year. It seemed like a good investment, but I didn't know it was THAT good an investment.
You bought 3 shares of a $30 stock?
You are getting assraped on broker commissions.
Alas, you're quite right about this. Thankfully, it went up enough that as long as it doesn't plummet before I end up selling, it'll more than make up for the ridiculous commissions.
That's how it is with investing. It's always easier to see this sort of thing in retrospect. I'm still kicking myself for not buying Google's stock when it went IPO at $80. It's only gone up by a factor of ten since then. My reaction at the time was obviously way off, "Seems overpriced." Oops.
I actually would have bought in but my reaction at the time was "Fuck me, I'm a highschool student with no money"
You had better instincts than I did then, at least. Oh well, I managed to at least buy a few shares of Tesla back when it was $30 earlier this year, so at least I'm not calling them all wrong. I'd have bought way more than three shares had I known that it was go up by a factor of five in less than a year. It seemed like a good investment, but I didn't know it was THAT good an investment.
You bought 3 shares of a $30 stock?
You are getting assraped on broker commissions.
That's how it is with investing. It's always easier to see this sort of thing in retrospect. I'm still kicking myself for not buying Google's stock when it went IPO at $80. It's only gone up by a factor of ten since then. My reaction at the time was obviously way off, "Seems overpriced." Oops.
I actually would have bought in but my reaction at the time was "Fuck me, I'm a highschool student with no money"
You had better instincts than I did then, at least. Oh well, I managed to at least buy a few shares of Tesla back when it was $30 earlier this year, so at least I'm not calling them all wrong. I'd have bought way more than three shares had I known that it was go up by a factor of five in less than a year. It seemed like a good investment, but I didn't know it was THAT good an investment.
If you are risk averse why don't you leave your coins in one of the many bitcoin bonds: ukyo.loan, graet.loan, xbond, etc.
They are about as safe as you can get (safer than coinlenders).
They are about as safe as you can get (safer than coinlenders).
sorry, where is information on these? are these on bitfunder?
links please.... ty
[edit] ..... found great.loan and ukyo.loan. where is xbond?
Xbond is on https://www.havelockinvestments.com
It's great because it is exchangeable for pre-IPO shares. That's why it's a little more expensive than the other bonds.
That's how it is with investing. It's always easier to see this sort of thing in retrospect. I'm still kicking myself for not buying Google's stock when it went IPO at $80. It's only gone up by a factor of ten since then. My reaction at the time was obviously way off, "Seems overpriced." Oops.
I actually would have bought in but my reaction at the time was "Fuck me, I'm a highschool student with no money"
DMS.SELLING
I knew bfl was a scam waaaaaay back when it was popular , the second I saw a 500 gh/s I said this wont work anytime soon and even if it does people will hate the delays. Like the second I saw it man 
I would definetly get rich via put options , I would definetly invest AT LEAST all bitcoins I had at the time to a put option agains bfl.
edit: and I saw the bfl (hence my second of seeing it) wasnt recently , it was like maybe 6-7 months ago , a little earlier than the 266 bubble , so I dont know if bfl was already hated during february or not
I would definetly get rich via put options , I would definetly invest AT LEAST all bitcoins I had at the time to a put option agains bfl.
edit: and I saw the bfl (hence my second of seeing it) wasnt recently , it was like maybe 6-7 months ago , a little earlier than the 266 bubble , so I dont know if bfl was already hated during february or not
Yes that , If I had any possible way of putting a put option on bfl stocks at the time it was popular and everyone was getting one , I would sell every asset I had and invested in a put option , now I would be a very rich guy
At the time BFL was popular and put options on their hypothetical stock would have been cheap, you wouldn't have known to buy them.
Once BFL became universally reviled the price of the put options would have skyrocketed, and you'd hardly get rich off of them.
The thing about establishing short positions via options is that you have to do it before the crowd even catches on to the possibility things might go wrong.
"When you’re one step ahead of the crowd you’re a genius. When you’re two steps ahead, you’re a crackpot."
That's how it is with investing. It's always easier to see this sort of thing in retrospect. I'm still kicking myself for not buying Google's stock when it went IPO at $80. It's only gone up by a factor of ten since then. My reaction at the time was obviously way off, "Seems overpriced." Oops.
Yes that , If I had any possible way of putting a put option on bfl stocks at the time it was popular and everyone was getting one , I would sell every asset I had and invested in a put option , now I would be a very rich guy
At the time BFL was popular and put options on their hypothetical stock would have been cheap, you wouldn't have known to buy them.
Once BFL became universally reviled the price of the (again - hypothetical) put options would have skyrocketed, and you'd hardly get rich off of them.
The thing about establishing short positions via options is that you have to do it before the crowd even catches on to the possibility things might go wrong.
"When you’re one step ahead of the crowd you’re a genius. When you’re two steps ahead, you’re a crackpot."
You may remember me as the crackpot buying put options on AM when it was above 4 BTC a share. Here's my current crackpot thinking - don't buy ANY mining stocks. Not a single one. Not AM, not ActM, not Labcoin.
Oh, yeah - LetsDice is a scam. That's not an opinion, it is a fact.
Yes that , If I had any possible way of putting a put option on bfl stocks at the time it was popular and everyone was getting one , I would sell every asset I had and invested in a put option , now I would be a very rich guy
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