the problem of not want to hold those btc, is that investment is risky , all of them, you could lose a portion of it or all of them, better to hold and wait for the price to rise
one could argue that even holding is risky because of the nature of btc, it could go to zero or something and make your capital worthless...
in the end everything is a gamble
Topic: Help me invest 50btc? - page 4. (Read 4751 times)
So I recently came into about 13k worth of BTC and would like to put it to work for me as opposed to just holding it. I figure why not hold it and have it work in the meantime through a p2p loan or other low risk semi short term investment.
I'm aware that any investment is a calculated gamble and the fact of using btc for it could complicate it further because of a few factors.
Basically I'm asking if you had 50btc sitting around how would you grow it aside from trying to day trade?
I'm aware that any investment is a calculated gamble and the fact of using btc for it could complicate it further because of a few factors.
Basically I'm asking if you had 50btc sitting around how would you grow it aside from trying to day trade?
id suggest to try out btcjam as p2p lending, but still there is a risk to everything we do, but atleast it is better than sitting around because btc is declining every seconds now
btcjam is still risky their are scammers their with fake identities..
So I recently came into about 13k worth of BTC and would like to put it to work for me as opposed to just holding it. I figure why not hold it and have it work in the meantime through a p2p loan or other low risk semi short term investment.
I'm aware that any investment is a calculated gamble and the fact of using btc for it could complicate it further because of a few factors.
Basically I'm asking if you had 50btc sitting around how would you grow it aside from trying to day trade?
I'm aware that any investment is a calculated gamble and the fact of using btc for it could complicate it further because of a few factors.
Basically I'm asking if you had 50btc sitting around how would you grow it aside from trying to day trade?
I'd let it sit around. Lending money to people isn't worth the risk. Hold it and you'll very likely see gains. Plus, we could see a spike anytime and if that happens and you don't have access to any coins at that particular moment you cannot profit from it.
I suggest you fund your own Bitcoin business. As a matter of fact, check your PM, I may be of help.
If i had 50 btc, i'd invest 2-3 btc in cryptsy shares, see how they faired after a week or 2 (dividen payments) then buy more. Put some btc aside for trading, and hold some (10 btc for cryptsy share, 20 for holding, 20 for trading)
So I recently came into about 13k worth of BTC and would like to put it to work for me as opposed to just holding it. I figure why not hold it and have it work in the meantime through a p2p loan or other low risk semi short term investment.
I'm aware that any investment is a calculated gamble and the fact of using btc for it could complicate it further because of a few factors.
Basically I'm asking if you had 50btc sitting around how would you grow it aside from trying to day trade?
I'm aware that any investment is a calculated gamble and the fact of using btc for it could complicate it further because of a few factors.
Basically I'm asking if you had 50btc sitting around how would you grow it aside from trying to day trade?
id suggest to try out btcjam as p2p lending, but still there is a risk to everything we do, but atleast it is better than sitting around because btc is declining every seconds now
I would really not suggest btcjam...i lost 5btc there...the scam was from verified user, great score etc...it's mostly ponzi schemes there...they pay back until they don't...And the worst part, the support of btcjam was not even reacting on my emails and in online chat the guy from support didn't give a damn about it...so...please don't recommend something without deeper knowledge
Yeah so it seems. Unless I want to venture out and build a website or very small business startup but a huge number of new businesses never make it so it's still a gamble there.
Or that too , you can startup by that little amount to build a Betting or Gambling website .
Also you can open a faucet website which can be very profitable with the amount you have , simply place ads and try to get the highest traffic by offering the highest payout of faucets out there . (You should make the users disable their Adblocks tho)
~ Madness
Also, to the OP, please dont consider investment into clod mining and other stuff. Instead start something on your own, such as a tool for the bitcoin ecosystem, etc.
You should also consider safely securing your funds in cold storage
Yeah so it seems. Unless I want to venture out and build a website or very small business startup but a huge number of new businesses never make it so it's still a gamble there.
Or that too , you can startup by that little amount to build a Betting or Gambling website .
Also you can open a faucet website which can be very profitable with the amount you have , simply place ads and try to get the highest traffic by offering the highest payout of faucets out there . (You should make the users disable their Adblocks tho)
~ Madness
Yeah so it seems. Unless I want to venture out and build a website or very small business startup but a huge number of new businesses never make it so it's still a gamble there.
Easiest thing to do now is to become a loaner on BTCJam and give people money then get interesst at the end . or simply do it here on the Lending section , it's up to you . (make sure to use an escrow)
~ Madness
~ Madness
I just meant I'm long on btc. I expect to see a stable $350 in a few months so no matter what I want to keep it in btc and not fiat.
I have been looking at btcjam but all the loans are unsecured right? Even with verified PayPal etc it could very well be stolen identities or the such and simply run off. You diversify to hedge your risks but it seems too likely that you're loaning to a criminal.
I'm not going to gamble with it as it came from gambling to begin with and my luck couldn't be that good lol.
That's the thing, I have no projects or small business ideas and would like to keep it in btc no matter what I do with it since I am in for the long game.
I'm not going to gamble with it as it came from gambling to begin with and my luck couldn't be that good lol.
That's the thing, I have no projects or small business ideas and would like to keep it in btc no matter what I do with it since I am in for the long game.
indeed, as i said there is risk to everything, there is some secured loan there, if you already in there for a long time then you can easily spot which is a scammer which is trustworthy, but still it is not very secured, the ke is to diversify
I have been looking at btcjam but all the loans are unsecured right? Even with verified PayPal etc it could very well be stolen identities or the such and simply run off. You diversify to hedge your risks but it seems too likely that you're loaning to a criminal.
I'm not going to gamble with it as it came from gambling to begin with and my luck couldn't be that good lol.
That's the thing, I have no projects or small business ideas and would like to keep it in btc no matter what I do with it since I am in for the long game.
I'm not going to gamble with it as it came from gambling to begin with and my luck couldn't be that good lol.
That's the thing, I have no projects or small business ideas and would like to keep it in btc no matter what I do with it since I am in for the long game.
Here is my advice:
First off, investing is a huge area. Asking to invest it means anything to spend it, in return to get more. Let me start with, don't listen to pepople telling you to invest in a dice site. Don't listen to people telling to gamble, or loan. In the end, and when odds meet ends, these don't work out. Dice sites won't make much unless you invest your life savings as a 50 year old, or you bought in very low. The best things to invest in, is yourself. Business is the keyword. Use this BTC to fund your own projects. I am saying this from experience. This way, you make 100% of your profits, and you can use your mind to open up to new things. Think outside the box from what anybody else would invest in. Think of a good idea, and execut it properly. Bitcoin is new, and there are tons of areas that still need developed, and small things that could be of great use to everybody.
I am not going to share many of my ideas here. If you want to talk to me outside on a place like Skype or AIM, just give me your username and I can explain everything to you.
First off, investing is a huge area. Asking to invest it means anything to spend it, in return to get more. Let me start with, don't listen to pepople telling you to invest in a dice site. Don't listen to people telling to gamble, or loan. In the end, and when odds meet ends, these don't work out. Dice sites won't make much unless you invest your life savings as a 50 year old, or you bought in very low. The best things to invest in, is yourself. Business is the keyword. Use this BTC to fund your own projects. I am saying this from experience. This way, you make 100% of your profits, and you can use your mind to open up to new things. Think outside the box from what anybody else would invest in. Think of a good idea, and execut it properly. Bitcoin is new, and there are tons of areas that still need developed, and small things that could be of great use to everybody.
I am not going to share many of my ideas here. If you want to talk to me outside on a place like Skype or AIM, just give me your username and I can explain everything to you.
So I recently came into about 13k worth of BTC and would like to put it to work for me as opposed to just holding it. I figure why not hold it and have it work in the meantime through a p2p loan or other low risk semi short term investment.
I'm aware that any investment is a calculated gamble and the fact of using btc for it could complicate it further because of a few factors.
Basically I'm asking if you had 50btc sitting around how would you grow it aside from trying to day trade?
I'm aware that any investment is a calculated gamble and the fact of using btc for it could complicate it further because of a few factors.
Basically I'm asking if you had 50btc sitting around how would you grow it aside from trying to day trade?
id suggest to try out btcjam as p2p lending, but still there is a risk to everything we do, but atleast it is better than sitting around because btc is declining every seconds now
If it were me I don't think I could bring myself to 'invest' in anything. The track record for investments is utterly wretched. The BTC space is just too sketchy, scammy and fragile to risk it. The successful investments are very few and far between.
Lots of people will suggest gambling it or lending it out to anonymous people. If this was a dollar forum and someone said 'Hey, I have $13,000. What should I do with it?' and the main advice was gamble it or lend it to some guy who might have a facebook account that might be real on a website that's run by an 11 year old, you wouldn't be too impressed.
Lots of people will suggest gambling it or lending it out to anonymous people. If this was a dollar forum and someone said 'Hey, I have $13,000. What should I do with it?' and the main advice was gamble it or lend it to some guy who might have a facebook account that might be real on a website that's run by an 11 year old, you wouldn't be too impressed.
So I recently came into about 13k worth of BTC and would like to put it to work for me as opposed to just holding it. I figure why not hold it and have it work in the meantime through a p2p loan or other low risk semi short term investment.
I'm aware that any investment is a calculated gamble and the fact of using btc for it could complicate it further because of a few factors.
Basically I'm asking if you had 50btc sitting around how would you grow it aside from trying to day trade?
I'm aware that any investment is a calculated gamble and the fact of using btc for it could complicate it further because of a few factors.
Basically I'm asking if you had 50btc sitting around how would you grow it aside from trying to day trade?
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