This is a highly risky venture, and thus the potential profits need to match the risk, and no I don't live in fantasy world. Im not a "Bitcoin to the moon!" believer either, its not hard to show some proof you are a decent trader since your claiming to have been a trader for over 5 years.
Indeed, that is why i would
diversify, and invest just like if it were a portfolio in real life.
Have you heard about investment diversification?
It means that i dont put 95% of the funds in 1 investment, heck not even 10%.
I initially though about 3% or even lower, depending on how the investors would want it. So if one turns out to be a scam, we only lost 3%, thats managable.And since the others will make more than 3%, all risks will be covered in the reward.
BTCJam can easily give 0.5%/ week, so does any other loan out there, compound that and that could give 100%/ year - the dividents, it's not hyip but the numbers dont lie. Worst case 10-20%/year, i think its a really good investment.
I see your points clearly, they are terrible. I've never heard of Ice-Dice, why anyone would want to trust their funds with an anonymous dice site is beyond me, dice.ninja, DiceBitco.in etc have all turned out to be scams. As I pointed out earlier, BTCJam is very prone to defaults, your more likely to lose money than make money. Banks, there are none, you would be looking at tops 1% a year if there were any. The coins you mentioned (NXT, Mastercoin, Bitshares) are not stable and do not have good yields.
Well then you forgot to do your homework, its not my fault that you haven't heard of them. Ice dice's owner is a respected member of this forum.
I know that BTCJam is prone to defaults, but i can calculate the risks and the probability of the defaults, by checking each loaner's background, and evaluating his competence.
Further more even if he defaults, i told you we will
lose only 3%, but if he doesnt,
we gain 20%. I think that is a
good RISK/REWARD ratio.
Check it again please, NXT coin right now is in an weekly uptrend, right now it hit 6100 satoshi, i think its a really good investment, for the long term of course.
Mastercoin if you look closely has a very straight price line, its volatility is big, but the price doesnt have a trend, once new features are added there, an uptrend is very likely there.I wont invest in it right now, but it will be on a watchlist.
Bitshares is pegged to the USD, and as the rhetoric of the FED will hold it could be a good investment short term, but not a long term one, i would buy it at dips, and sell it at tops, its more a tradable currency rather than a investable one.
Add SuperNET to the list, they will soon finish new feature uppgrades, it could be the next hot crypto out there, I heard that they are working on a decentralized exchange and multiwallet bridge, it will be exciting.
Also Ethereum, and various other crypto currencies could skyrocket, I would even invest in those which make 300%/week, but only a small amount (~1%), to hedge against BTC's depreciation.