Many thanks for all the replies. i think it mybe just the auto invest option then. ill try and invest in a few that i pick and let you know how it went.
calkob
Topic: Do i need at least 1 BTC to invest in BTC Jam? - page 2. (Read 1975 times)
No way dude I have invested in BTC jam before and never they have asked to set up a minimum amount.You can always invest whatever you can as an investor there are no bars in investing because anyway you're profiting the company.I do know you've lending restrictions but thats for obvious reasons.You could contact their support team.They will reply soon.
That's what i'm thinking. BTC lending without collateral is just plain silly. People build up trust to lend bigger amounts and then just run with the money. The manhunt after that is left to the investor not the actual site who is the middleman of the whole operation. Until there is a way to actually get some collateral beforehand, there is just way too much risk involved. 
be aware that aven a+ rating are scammer soem times, it's very random, i would start with even a lower amount just to try out
No way dude I have invested in BTC jam before and never they have asked to set up a minimum amount.You can always invest whatever you can as an investor there are no bars in investing because anyway you're profiting the company.I do know you've lending restrictions but thats for obvious reasons.You could contact their support team.They will reply soon.
Am I correct that there is no way to enforce your coins back to you? That is just crying for a scam, even if members have good rating.
They could just build some trust and than start borrowing and stealing like mad men.
I would stay away, untill the interest and the loan can be enforced by colateral or something.
They could just build some trust and than start borrowing and stealing like mad men.
I would stay away, untill the interest and the loan can be enforced by colateral or something.
I've invested 0.05 just to try out their system... It works, but prepare to be scammed if you use autoinvest 
I think it's better to manually review all loan requests, and only chose the ones you feel safest about... Even then, you'll get scammed now and then.
I think it's better to manually review all loan requests, and only chose the ones you feel safest about... Even then, you'll get scammed now and then.
Yeah I completely agree with this strategy. I personally wouldn't use the autoinvest feature. I have seen many scammers on BTC Jam in the past, so definitely do your due diligence and don't expect to get rich from BTC Jam
Good to know not to use the autoinvest option, I was thinking about this last week and whether it would be worth it or not. Sounds like even when you manually look after your BTC there is still a high chance of getting scammed?
I'm pretty sure that there is no minimum.
Is the transaction confirmed?
Is the transaction confirmed?
Yeah the autoinvest is just for diversifying. You can invest small amounts of Bitcoin, but you will have to do it by picking your preferred listing(s)
I don't think I'll use lending as an investment any time soon again. There needs to be some kind of collateral invented to prevent theft.
To all of you wanting to invest in lending sites, use people like myself as an example do be extra careful before investing.
just sent 0.2 btc to BTC Jam to try it out but when i go to autoinvest it says i must invest >1 .... ?
Autoinvest dude is not a good choice like what the guy above said over this function you are letting btcjam to distribute your money even to scammers although you have the option to choose to who you like to fund or to invest doing this manually is the best option to see their profiles.
I've invested 0.05 just to try out their system... It works, but prepare to be scammed if you use autoinvest
I think it's better to manually review all loan requests, and only chose the ones you feel safest about... Even then, you'll get scammed now and then.
I think it's better to manually review all loan requests, and only chose the ones you feel safest about... Even then, you'll get scammed now and then.
I'm pretty sure that there is no minimum.
Is the transaction confirmed?
Is the transaction confirmed?
Yeah the autoinvest is just for diversifying. You can invest small amounts of Bitcoin, but you will have to do it by picking your preferred listing(s)
I'm pretty sure that there is no minimum.
Is the transaction confirmed?
Is the transaction confirmed?
It sounds like you do need to invest at least BTC1.
However, their website doesn't explicitly say. Can you share an image of your screen? Or have you contacted their support team?
However, their website doesn't explicitly say. Can you share an image of your screen? Or have you contacted their support team?
just sent 0.2 btc to BTC Jam to try it out but when i go to autoinvest it says i must invest >1 .... ?
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