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Topic: BTC investment (Read 2142 times)

legendary
Activity: 1988
Merit: 1007
August 30, 2015, 10:43:05 PM
#34
First of all try to get a clear cut distinction between what is investment and what is ponzi..
All investments are not ponzis but all ponzis are investments..
Try to get a clear thought in it before you do anything with your btcs..
Best of luck

Look at ROI rate or price.  If they are super low prices (especially things like cloud mining) then there is a good chance of ponzi.  If you have a investment that promises tons of ROI really quick.. chances are ponzi.

I think common sense comes into the decision alot.

If you're going to invest, you need to evaluate the business itself. 99.99% of the people here throw their money blindly at anything and everything, then claim "scam" after, when it was an obvious scam to begin with. If someone has to ask what a good investment is, they shouldn't be investing.

This thread has gone on far to long my quote is from April Smiley.   But you should do lot's of research and evaluation.   

With cloud mining look for concrete information they even have miners, most cand even do this.  We have seen some that are photo shopped pics to make data centers.  There is a famous one where every blue rack looks exactly the same, they were copied and pasted.   

I agree sadly some throw money before looking into it at all.  This should never happen but it does.

Cloud mining, by its very nature, is going to cause a loss of funds. Whether the company is legitimate or not doesn't even matter. The math speaks for itself. You will not ROI with cloud mining. It doesn't matter what company. It doesn't matter how much you throw at it. You've lost the second you pay.
legendary
Activity: 1456
Merit: 1000
August 30, 2015, 09:31:03 PM
#33
First of all try to get a clear cut distinction between what is investment and what is ponzi..
All investments are not ponzis but all ponzis are investments..
Try to get a clear thought in it before you do anything with your btcs..
Best of luck

Look at ROI rate or price.  If they are super low prices (especially things like cloud mining) then there is a good chance of ponzi.  If you have a investment that promises tons of ROI really quick.. chances are ponzi.

I think common sense comes into the decision alot.

If you're going to invest, you need to evaluate the business itself. 99.99% of the people here throw their money blindly at anything and everything, then claim "scam" after, when it was an obvious scam to begin with. If someone has to ask what a good investment is, they shouldn't be investing.

This thread has gone on far to long my quote is from April Smiley.   But you should do lot's of research and evaluation.   

With cloud mining look for concrete information they even have miners, most cand even do this.  We have seen some that are photo shopped pics to make data centers.  There is a famous one where every blue rack looks exactly the same, they were copied and pasted.   

I agree sadly some throw money before looking into it at all.  This should never happen but it does.
legendary
Activity: 1988
Merit: 1007
August 30, 2015, 02:23:05 PM
#32
First of all try to get a clear cut distinction between what is investment and what is ponzi..
All investments are not ponzis but all ponzis are investments..
Try to get a clear thought in it before you do anything with your btcs..
Best of luck

Look at ROI rate or price.  If they are super low prices (especially things like cloud mining) then there is a good chance of ponzi.  If you have a investment that promises tons of ROI really quick.. chances are ponzi.

I think common sense comes into the decision alot.

If you're going to invest, you need to evaluate the business itself. 99.99% of the people here throw their money blindly at anything and everything, then claim "scam" after, when it was an obvious scam to begin with. If someone has to ask what a good investment is, they shouldn't be investing.
member
Activity: 70
Merit: 10
August 28, 2015, 10:08:58 AM
#31
If it is for a "investment" where long term storage, and you are not going to spend them.  I highly suggest cold storage.  It's just safest way.

The decision really lies if you plan on spending them and need quick access.  Or if you plan on holding.
You're definitely right. If you want to invest then hold your bitcoins. Don't spend them.
legendary
Activity: 1106
Merit: 1000
April 21, 2015, 12:23:22 PM
#30
First of all try to get a clear cut distinction between what is investment and what is ponzi..
All investments are not ponzis but all ponzis are investments..
Try to get a clear thought in it before you do anything with your btcs..
Best of luck

You got the point, exactly. First thing you must check if you want to invest in some company is look at their license, place(if exist or not), and the testimony.

Maybe notlist means if company offer big roi(something shit about big profit) is big chance to their used ponzi scheme and reversal, actually always like that .
member
Activity: 70
Merit: 10
April 21, 2015, 11:23:26 AM
#29
*pointing ponzis
member
Activity: 70
Merit: 10
April 21, 2015, 11:22:32 AM
#28
First of all try to get a clear cut distinction between what is investment and what is ponzi..
All investments are not ponzis but all ponzis are investments..
Try to get a clear thought in it before you do anything with your btcs..
Best of luck

Look at ROI rate or price.  If they are super low prices (especially things like cloud mining) then there is a good chance of ponzi.  If you have a investment that promises tons of ROI really quick.. chances are ponzi.

I think common sense comes into the decision alot.
Not able to get what u r saying..I think you ate saying the same thing in two ways ..just you are pointingbponzis in both the sense..right??
legendary
Activity: 1456
Merit: 1000
April 21, 2015, 11:19:20 AM
#27
First of all try to get a clear cut distinction between what is investment and what is ponzi..
All investments are not ponzis but all ponzis are investments..
Try to get a clear thought in it before you do anything with your btcs..
Best of luck

Look at ROI rate or price.  If they are super low prices (especially things like cloud mining) then there is a good chance of ponzi.  If you have a investment that promises tons of ROI really quick.. chances are ponzi.

I think common sense comes into the decision alot.
member
Activity: 70
Merit: 10
April 21, 2015, 11:16:18 AM
#26
First of all try to get a clear cut distinction between what is investment and what is ponzi..
All investments are not ponzis but all ponzis are investments..
Try to get a clear thought in it before you do anything with your btcs..
Best of luck
legendary
Activity: 1106
Merit: 1000
April 21, 2015, 10:52:40 AM
#25
I found Ledger wallet really easy to use, according to the online videos, at least . . .
But, do you guys find it safe?
It comes at about 50EUR, with shipping for Serbia.
That is reasonable for me to invest in a wallet . . .

Why not if you have a budget to purchase a HW(of course for store big amounts) and have some btc for vacation Cheesy
I also for the future want to purchase a HW.
newbie
Activity: 23
Merit: 0
April 19, 2015, 04:50:07 PM
#24
I found Ledger wallet really easy to use, according to the online videos, at least . . .
But, do you guys find it safe?
It comes at about 50EUR, with shipping for Serbia.
That is reasonable for me to invest in a wallet . . .
legendary
Activity: 1456
Merit: 1000
April 19, 2015, 01:55:59 PM
#23
Hm . . .
Hardware wallets sound nice and simple . . .

Has anyone tried HW.1?

Trezor seems a bit pricey . . .

If you are going for hardware wallet I would not let price be the main concern.  

If you don't like trezor look at btc wallets that can use YubiKey.

OMГ!
The things just started being complicated again . . .
:O

I really cannot understand the system of random generated passwords . . .
How does that thing works, when the password is random every time?!
:O

I don't know anymore . . .

I think, I'll just go with regular Unix bootable flash disk . . .

Cry

There is a heck of lot of options.   Yubikey has a neat feature that you can use it not just on BTC wallet.   

I think you can't go wrong as long as you use cold storage, and preform making it properly.  But Hot wallets do have their place aswell.
newbie
Activity: 23
Merit: 0
April 19, 2015, 12:01:28 PM
#22
Hm . . .
Hardware wallets sound nice and simple . . .

Has anyone tried HW.1?

Trezor seems a bit pricey . . .

If you are going for hardware wallet I would not let price be the main concern.  

If you don't like trezor look at btc wallets that can use YubiKey.

OMГ!
The things just started being complicated again . . .
:O

I really cannot understand the system of random generated passwords . . .
How does that thing works, when the password is random every time?!
:O

I don't know anymore . . .

I think, I'll just go with regular Unix bootable flash disk . . .

Cry
legendary
Activity: 1526
Merit: 1014
April 19, 2015, 07:09:24 AM
#21
Hi LeonardoFibonacci, i think some forum user you what to say, one Bitcoin is not much to invest, but beware that gambling can lose it fast. If you do not need that Bitcoin you can trade, if you are unsure save it.

Greetings.
legendary
Activity: 1456
Merit: 1000
April 18, 2015, 10:04:24 PM
#20
Hm . . .
Hardware wallets sound nice and simple . . .

Has anyone tried HW.1?

Trezor seems a bit pricey . . .

If you are going for hardware wallet I would not let price be the main concern. 

If you don't like trezor look at btc wallets that can use YubiKey.
newbie
Activity: 23
Merit: 0
April 18, 2015, 06:03:50 PM
#19
Hm . . .
Hardware wallets sound nice and simple . . .

Has anyone tried HW.1?

Trezor seems a bit pricey . . .
full member
Activity: 196
Merit: 100
April 18, 2015, 01:31:57 PM
#18
For me you better to keep on cold wallet its more safe from hot wallet  Grin
And for investment maybe you can hold it and wait the price btc rise up
You can try Gambling on dice sites or Trading on alt-coin  Grin


Every thing that you mentioned Required a lot of experience except Gambling. Because In gambling One will loose every thing What he Gambled eventually.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
April 18, 2015, 01:29:58 PM
#17
Just to be clear,
what do you mean by bigger amounts?
Depending on the market, for someone even a 1btc can be a lot of money . . .
:-/


of course 1 BTC is a good amount.

if you own 1 BTC, first get comfortable with BTC in general. sent 0,50 $ in BTC back and forth. create a paper wallet; copy your wallet, deleet and install it somewhere else; buy a cheap hardware wallet (35$) and use it.

in the end i would recommend the Ledger Hardware Wallet for 1 - 1,5 of your BTC. when you are not tech-savvy, you are alot safer with that device because maleware can steal your BTC !

and it is always wise not to store all your BTC at one place.

sr. member
Activity: 350
Merit: 250
April 18, 2015, 01:16:46 PM
#16
Hi guys.

I'm a newbie, and I need some help . . .
I wanted to try invest some money in BTC, and I made a Bitstamp account and downloaded Electrum wallet.
Anyway, all this security talk really scared me, so I goggled a lot on hot vs cold storage, and making a cold wallet for me sounded a bit complicated.
I have a bit of a dilemma now. Since I plan to buy only about 2BTC for starters, Is it better for me to keep it in a cold or hot wallet?
I was reading about Bitstamp's recent breach in security so I was going for the colde wallet, but it seems a lot of hussle just for a 2btc.
Is it a really that risky to keep it on some server somewhere?

PS. Sorry for my bad English. It is my second language . . .
Smiley

Don't trust any online service. Bitcoin means freedom and it's better if you keep them yourself. Follow some tutorial here to make a cold wallet, if you want to move your bitcoins at the beginning, hot wallet is ok, just follow basic computer security.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
April 18, 2015, 12:50:51 PM
#15
You are indeed. That's all it takes.

No other individual or website should ever be given your private key and if anyone asks for it then they're guaranteed to be thieves. That's what allows them to steal your BTC even if your wallet is closed.
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