Topic: How do you invest your bitcoin? - page 4. (Read 8926 times)

Most bitcoin investmenst are scam. But if you really want to lose money, you can do it with style.
I've created virtual company for Dr. Zoidberg and I need test subjects for this experiment. You only need to buy some shares, they are very cheap 

https://masterxchange.com/market.php?currency=colzoidy

Company description is here:
https://www.coinprism.info/asset/AX3D7g2fh3ab82vrNDEED2AZ1rkdkX2i8U

This is not regular scam. It's double scam.
Are you scared?

In our dice site

I do not trust any company or site enough to invest my bitcoin. The risks are much too high. I might end up loosing my capital for a small profit.

as usual said you cand buy and hold
dont use ponzi's
be carefull when u play gambling

It would be nice if one could have the opportunity to invest in BTC startups that function as ecosystem peripherals and help the community overall become easier to use by outsiders. Mining ops typically don't measure up by turning BTC into hashing power; other so-called businesses can be shady and offer something steady and too good to be true - which pays for a while then vanishes; it's best to buy and hold and let the BTC protocol and its value to the investing for you - just wait. However, CryptoVest financial services is one startup that I have put coinage in that seems to be on a trajectory that will grow into something legit and has a transparent bunch running it.

I am pretty sure. Stunna is so anti "investment" PD would have to be run by someone else in the past, which is not the case AFAIK.

Really? Thought they did at one point. I might be thinking of someone else, but Just Dice doesn't sound right.

I get the most enjoyment from investing my Bitcoin in projects that allow me to participate in their growth by buying their products or using their services.  I currently hold Asicminer shares and NastyFans seats.  While I'm obviously biased towards NastyFans, I am impressed by the evolution of friedcat's creation.  If Bitcoin is truly successful, it will be great to look back and feel like I participated in some of the early stages of these projects.  Sort of the same reason why I collect Casascius Coins and other various Bitcoin goods that I feel have staying power.

Just hold them...do not invest them. The chances of you investing and making a profit are so slim it is pathetic. Avoid cloud mining like the plague also.

You dont. PD never allowed to "invest", just-dice did.


You gamble with the bank and house edge, yes. Doog (runs JD) often said "invest" was the wrong term and gave people wrong ideas.

How does one invest in Primedice? You can actually put money toward their operations and get a piece of the earnings? Or are people using the word "invest" in place of the word "gamble"?

Be careful, a recent "investment company" was advertising on this forum. They offered sick returns (like percent per day) for balances held with their firm. They were around for about 3 weeks and then disappeared, taking all account balances with them.

Yah, I was trying to "invest" through much of 2013, ... 2014 was all about sweeping up the ashes... and I didn't get into any of the scams from the outset scams. Apart from certain short periods in the life of other investments, like AsicMiner shares going from ~ 0.5 BTC to 4.x BTC over about 3 months, there wasn't any "growth". As far as I can see, banking the house on reputable (non-ponzi, scam or hyip) gambling sites was the one sure earner. I believe Prime Dice was one of the better ones.

Some people have had luck with BTC loans, during the last year, but considering the BTC price has been on the slide, it's been freaking easy to borrow BTC at $550 and pay back 120% at $350... borrowers are probably laughing. Even a modest uptrend will probably see a whole lot more defaults. Plus you have like a triple counterparty risk, 1st the loan broking site, 2nd the actual borrowers, and 3rd which way traders are gonna push the price..

Anyway, gambling is about the only "pure" BTC business, that actually has a good model which ever way the price is going. Other ventures, like mining, if you're in one when the price has a sudden spike then you might seem to get a brief good ride, but in general the value of their equipment is halving every 6 months or less, and so does your shares, if the BTC price goes high, then tonnes more miners come online diluting your share, so you don't win then. Other options are basically fiat businesses denominated in BTC, sure the way they do the books you might get a fiat profit, but if BTC is rising, looks like you're losing it.

I invest in paper wallets. Putting your BTC in a safe place seems to be the safest thing to do nowadays. After the initial growth has waned now and people are more cautious when it comes to investing in unregulated markets, an investment in BTC alone is quite risky.

I had it on a gambling site as the bankroll before, worked out alright.

and then, monday append ... when the usual +8% ... per hour. 

I like just sitting by the fire and watching my investment vaporize into thin air.

The best way to invest in bitcoin is to buy bitcoin and hold on to it.

http://nakamotoinstitute.org/mempool/the-correct-strategy-of-bitcoin-entrepreneurship/

And for sure, stay away from altcoins in general and paycoin in particular.

Paycoin.

You might like to invest in the bankroll of dice sites. But, the reason for not investing in cloud mining also exists there