Crypto reinvestment without withdrawing fiat currency - page 3.

rose9696

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https://streamies.io/

Quote from: Vitus_Nansen on January 17, 2019, 05:50:37 AM

There are several ways to reinvest crypto to earn more crypto. Here are some examples:
Breeding: cryptokitties, fishbank, etc.
Resale: openbazaar, landhodler, etc.
Gambling: bitstars, mbit, betcoin and others.

Has anyone had experience with these sites? Are there other examples of reinvestment?

gambling is not considered a way of investing, it is just a way to make money based on your luck. In addition, gambling has never helped us become rich. Please remove it. About Breeding, I have no experience with it. To me, i will choose resale.

geyayy

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Quote from: Naida_BR on January 17, 2019, 08:11:20 AM

Quote from: Vitus_Nansen on January 17, 2019, 05:50:37 AM

There are several ways to reinvest crypto to earn more crypto. Here are some examples:
Breeding: cryptokitties, fishbank, etc.
Resale: openbazaar, landhodler, etc.
Gambling: bitstars, mbit, betcoin and others.

Has anyone had experience with these sites? Are there other examples of reinvestment?

How can you define gambling as a way of investment? I think it is just a way of entertaining yourself and you will eventually lose your money because the house always wins. Maybe this will push you to lose more funds if you try to recover your initial "Investment".

Any investment is a gamble itself. We always don't know if that investment will give returns or just diminishing until nothing is left specially, cryptocurrency. Unlike any other investment that you have tangible papers you own and have value, cryptocurrencies on the other hand missing those things making it a gamble everytime you invest into it.

qiwoman2

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Oikos.cash | Decentralized Finance on Tron

I am now feeling really wary of so-called gambling and investment sites right now. So many that enter this space either just want quick gains or are so desperate to make fast money because they have no other jobs or income, that in the end, they lose it all. I am getting sick of being scammed left, right and center, either by dodgy projects or shady websites and on top of that either getting spammed or hacked by this nasty person or another. It's about time this space really got cleaned up and we had some better things coming to create proper revenue for everyone and jobs so people can work and earn a decent living. I could live off of bounties before as well but now hardly earn enough for my internet cost.

hatshepsut93

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There's a whole board here for investing using Bitcoin: https://bitcointalk.org/index.php?board=78.0

I even had a positive experience there when I bought shares of some online game and sold them later at x10 higher price. However, that board is probably filled with scams and shady deals, since moderators don't remove potential scams. You should always keep in mind that everything crypto is plagued with scams because it's anonymous, unregulated and there's no chargebacks and intermediaries.

IMO casino investment is the safest method out of all the well-known methods. However, it's not hugely profitable compared to crypto gains, I've got somewhere around 8% per year on average. You decide if its worth the risk of trusting casino owners with your coins.

Bitfling

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I dont have experience on site you mention. I am using reinvestment to others crypto but only on top 100 coinmarketcap. Selling coin that i think growing slow with good altcoin with good product like NEO, Wanchain or Ethereum. I am prefer holding popular coin with big liquidity

hahay

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Leading Crypto Sports Betting & Casino Platform

Reinvesting without withdrawal to fiat is the way that is usually done when they feel the market will crash or when a crash happen, usually they sell and buy switch to other coins from the sale. This method in my opinion is quite risky because we will not know how potential the coin is, and for gambling I'm sure not everyone will be willing to take greater risks when they are in a mess.

coolcoinz

legendary

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The best way to get more crypto is claiming airdrops and giveaways. Basically these were in the last years like faucets in 2011 and 2012. If you had BTC and ETH since 2017, you had a chance to claim literally dozens of different coins for free. 1BTC, worth a thousand dollars at a time, gave its holder free coins worth more than that, while at the same time rising in value. I always tell people who are trying to scalp a few dollars in trading that they fail to see the big picture. Even if they weren't doing anything and just spent 30 minutes a day checking and claiming upcoming airdrops, their profits would be much higher.

Dudeperfect

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Flipping cryptocurrencies is not new in the market but in some cases, if cryptocurrency is recognised in the jurisdiction of your area and if it is eligible for taxation then you have to pay taxes on the same even if you are not converting it into the fiat currency. This is normal in domestic investment flipping but while doing it in crypto attracts different treatment as per the laws of that country. There are some countries where crypto is not yet recognised so investors can do unlimited revisions to their crypto investment before cashing out into fiat currency and pay taxes on the gains on the final amount.

Kevin77

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Staking ? I mean that is the best crypto reinvesment you can do with the crypto you have without withdrawing to fiat.

You can buy as much ethereum as you can right now and when the staking starts than you can continue making money with your crypto without ever going to fiat. I think staking is the best interest rate you can find considering your money will be making you money but at the same time your money will get higher in value as well when the bull comes.

Same logic applies to masternodes as well, you can buy dash masternode for cheap now (compared to last year) and with the masternode you have you can make a decent return while your money also gets higher in value.

I have tried all those gambler websites and invested into them, I have tried cryptokitties and whatever as well, the idea is great but execution lacks in those things. If the cryptokitties were scarce they could have been valuable but they are totally worthless since not enough people are interested in them.

NavI_027

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Quote from: sunsilk on January 17, 2019, 10:48:49 PM

Quote from: NavI_027 on January 17, 2019, 10:09:54 PM

I'm a little bit confused. So are you saying that there are other ways of investing money to gambling sites except from the usual set up of bringing some money and try to push your luck in their games? How?

Yes, what he said is correct. You can look for casino's who offers bankroll investment like bitvest since you are part of their campaign. They offer investment, you just need to understand the rules that they implement when it regards to the return/profit.

Ah I see. Thanks for the info, probably I will be interested on that if I found out that they accept even small amounts only because that's what I can afford only.

yusupjatigumilar

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I just heard that, because all I have known to get more crypto currencies is to trade in a market, where we benefit from the difference in purchase prices and selling prices, but many people also call this investment, many people do this to get a profit in a short time and in large quantities, but not a few people who intend to take advantage instead suffer losses because they choose the wrong coin, the wrong time to enter and wrong market predictions

sunsilk

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Quote from: St4yInTh3D4rk on January 17, 2019, 10:04:37 AM

Quote from: Naida_BR on January 17, 2019, 08:11:20 AM

Quote from: Vitus_Nansen on January 17, 2019, 05:50:37 AM

There are several ways to reinvest crypto to earn more crypto. Here are some examples:
Breeding: cryptokitties, fishbank, etc.
Resale: openbazaar, landhodler, etc.
Gambling: bitstars, mbit, betcoin and others.

Has anyone had experience with these sites? Are there other examples of reinvestment?

How can you define gambling as a way of investment? I think it is just a way of entertaining yourself and you will eventually lose your money because the house always wins. Maybe this will push you to lose more funds if you try to recover your initial "Investment".

Investing on the gambling site is also possible,investing in gambling means people can invest on the gambling site's bankroll and they will get their returns when the house made profits overall.This may not give huge returns but definitely will be profitable for the people who are looking for practical returns from investment.

Exactly, like what bustadice's offers and other legit casino's for those who want to be part of their bankroll. It's for a long term investor who sees it positively but this type of investment doesn't suite those who lack of patience and is short term with investments.

Quote from: NavI_027 on January 17, 2019, 10:09:54 PM

I'm a little bit confused. So are you saying that there are other ways of investing money to gambling sites except from the usual set up of bringing some money and try to push your luck in their games? How?

Yes, what he said is correct. You can look for casino's who offers bankroll investment like bitvest since you are part of their campaign. They offer investment, you just need to understand the rules that they implement when it regards to the return/profit.

NavI_027

full member

Activity: 1232

Merit: 186

Quote from: Vitus_Nansen on January 17, 2019, 05:50:37 AM

There are several ways to reinvest crypto to earn more crypto. Here are some examples:
Breeding: cryptokitties, fishbank, etc.

I already heard about cryptokitties before. For me it was like crypto games in telegram such as CarEth, Cash Zoobot, Dino Park game and others where you need to grow animals and their corresponding hashrate also increases as they grow bigger. You can also invest btc to get higher hashrate which means earning profits is faster. I played this before but until now I'm not sure whether these games are paying or not.

Quote from: Muzika on January 17, 2019, 08:47:29 PM

it is possible to invest to gambling, it is not literally investing that you need to gamble your money its means that you will put your money as investor to a gambling site, if you want to invest money then put it on gambling because it is also a good way to invest.

I'm a little bit confused. So are you saying that there are other ways of investing money to gambling sites except from the usual set up of bringing some money and try to push your luck in their games? How?

Oilacris

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Quote from: Vitus_Nansen on January 17, 2019, 05:50:37 AM

Gambling: bitstars, mbit, betcoin and others.

Gambling is never an option its just for entertainment and I don't know why there are really people who do think on this way. Gambling is on where you do
spend your leisure times and its completely different if you do aim for investment. Like trading or gambling bankroll investment which is less riskier but do give small amount of
profits overtime.

Muzika

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Activity: 980

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Quote from: Naida_BR on January 17, 2019, 08:11:20 AM

Quote from: Vitus_Nansen on January 17, 2019, 05:50:37 AM

There are several ways to reinvest crypto to earn more crypto. Here are some examples:
Breeding: cryptokitties, fishbank, etc.
Resale: openbazaar, landhodler, etc.
Gambling: bitstars, mbit, betcoin and others.

Has anyone had experience with these sites? Are there other examples of reinvestment?

How can you define gambling as a way of investment? I think it is just a way of entertaining yourself and you will eventually lose your money because the house always wins. Maybe this will push you to lose more funds if you try to recover your initial "Investment".

Breeding is a game that I can think what is going to happen if everyone will stop playing and "investing" in it. Resale could be the only legit way. If I were to choose between these 3 I would go for the Resale option.

it is possible to invest to gambling, it is not literally investing that you need to gamble your money its means that you will put your money as investor to a gambling site, if you want to invest money then put it on gambling because it is also a good way to invest.

Oceat

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Activity: 2506

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Quote from: St4yInTh3D4rk on January 17, 2019, 10:04:37 AM

Quote from: Naida_BR on January 17, 2019, 08:11:20 AM

Quote from: Vitus_Nansen on January 17, 2019, 05:50:37 AM

There are several ways to reinvest crypto to earn more crypto. Here are some examples:
Breeding: cryptokitties, fishbank, etc.
Resale: openbazaar, landhodler, etc.
Gambling: bitstars, mbit, betcoin and others.

Has anyone had experience with these sites? Are there other examples of reinvestment?

How can you define gambling as a way of investment? I think it is just a way of entertaining yourself and you will eventually lose your money because the house always wins. Maybe this will push you to lose more funds if you try to recover your initial "Investment".

Investing on the gambling site is also possible,investing in gambling means people can invest on the gambling site's bankroll and they will get their returns when the house made profits overall.This may not give huge returns but definitely will be profitable for the people who are looking for practical returns from investment.

Not every game of gambling can bring you a good profit since gambling is not a way of making a profit, especially long-term investment. You can't invest in any gambling since the number one main goal of gambling is to drain the bankroll of every gambler and still having fun at the same time. A real investment is that you see a potential in it in the future that will help you to succeed.

aad140386

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simply getting the job done

I think that cryptokitties will soon become irrelevant. Such applications burn very brightly, but quickly burn out. Moreover, in the current situation in the crypto market, it is generally difficult to say that it can bring at least some income. Projects stop. Work on them just stops and they freeze. Of course, cryptokitties is a large project, but it seems to me that it has already lost its relevance and will not to earn on it. It is better then to consider the possibility of investing in masternodes. About gambling - no comments at all. This is generally not an investment.

Kopyleft

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Future of Security Tokens

With the volatility in cryptocurrency the only way to pull out profit is converting it to fiat currency which offers stability.
While every investment poses its own risks, gambling is not technically an investment venture, it's similar to throwing a dice and hoping on luck.
With investments there are tools which to make analysis.

b3llsf1l3s

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Send&Receive Money Instantly, w/ no hidden costs

Quote from: Vitus_Nansen on January 17, 2019, 05:50:37 AM

There are several ways to reinvest crypto to earn more crypto. Here are some examples:
Breeding: cryptokitties, fishbank, etc.
Resale: openbazaar, landhodler, etc.
Gambling: bitstars, mbit, betcoin and others.

Has anyone had experience with these sites? Are there other examples of reinvestment?

I think you should better understand the true meaning of investment and choose a place that is good or not for investment, and after I see you only promote a website that only makes people tempted to multiply money in a fast time. of course this is different from the meaning of the actual investment

Crypdon

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For gambling you should add WAGERR which offers decentralised anonymous betting for top sporting events. Trading on crex24 with bets placed directly from the wagerr wallet

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