How would you double $100,000 safely? - page 16.

cancerbola

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Quote from: SignificantOtter3 on October 19, 2016, 04:55:18 AM

Quote from: cancerbola on October 18, 2016, 04:44:09 AM

Quote from: SignificantOtter3 on October 18, 2016, 04:19:24 AM

Doubling your investment in a year is going to be tricky. The only two things I can think off are gambling or high-yield bitcoin p2p loans on platforms like Bitbond. Going to be tough though.

I don't know about bitbond, but the average apr of btcjam is 9% (with autoinvest on, not manual investing). It would take 8 years(!!!) of compounding interest to double $100,000. So... no. OP wants it done in a year.

I don't think that there is a good way to do it. If there was a safe way to double $100,000, wouldn't everybody do it?

I don't think you should discount bitcoin p2p lending so easily. This guy made 117% return within 12 months. https://www.bitbond.com/340VAQ7GMQ/investments so it is possible. Will it be easy? No, definitely not.... but it can be done.

^^ The guy was giving out loans with $400, not $100,000. It's easy to double a balance when it's small, but it's extremely unlikely that you can double $100,000 in a year. Do you see people asking for 100k usd loans on bitbond? And how many of them would pay such a high interest rate?

SignificantOtter3

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Quote from: cancerbola on October 18, 2016, 04:44:09 AM

Quote from: SignificantOtter3 on October 18, 2016, 04:19:24 AM

Doubling your investment in a year is going to be tricky. The only two things I can think off are gambling or high-yield bitcoin p2p loans on platforms like Bitbond. Going to be tough though.

I don't know about bitbond, but the average apr of btcjam is 9% (with autoinvest on, not manual investing). It would take 8 years(!!!) of compounding interest to double $100,000. So... no. OP wants it done in a year.

I don't think that there is a good way to do it. If there was a safe way to double $100,000, wouldn't everybody do it?

I don't think you should discount bitcoin p2p lending so easily. This guy made 117% return within 12 months. https://www.bitbond.com/340VAQ7GMQ/investments so it is possible. Will it be easy? No, definitely not.... but it can be done.

udet4food

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Quote from: BitFomo on April 26, 2016, 05:48:32 PM

I have $100,000 to invest but want to safely double it in a year. Any suggestions?

Double it in a year? What country has a bank that offers an apr of 100%? Unless you're living in an economy that is rapidly inflating, I assure that there are none. Depositing into a bank is out of the question. The majority of the other ways in which you could double 100k involves a lot of risk. If you don't want any, then you'll have to wait 8 years like cancerbola said.

Heck, even doing an all-in 50/50 roll in a bitcoin dice site wouldn't work. 100k usd is 156 btc, which is way over the normal limit dice sites enforce on their sites.

electronicash

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the safest by far is to buy bitcoin whenever it goes down. if you can see its pattern is that every time if goes down it eventually goes up. so once you buy while its price is low, then you will have profit when it bounce back.

Aamir1

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Quote from: cancerbola on October 18, 2016, 04:44:09 AM

Quote from: SignificantOtter3 on October 18, 2016, 04:19:24 AM

Doubling your investment in a year is going to be tricky. The only two things I can think off are gambling or high-yield bitcoin p2p loans on platforms like Bitbond. Going to be tough though.

I don't know about bitbond, but the average apr of btcjam is 9% (with autoinvest on, not manual investing). It would take 8 years(!!!) of compounding interest to double $100,000. So... no. OP wants it done in a year.

I don't think that there is a good way to do it. If there was a safe way to double $100,000, wouldn't everybody do it?

Exactly, if that was really possible then everyone would have been taking loans or borrowing money for doubling them in a year and pay the amount back and take the profit himself and everyone would know the secret of getting rich really does not exist.

Mr. Green

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I learnt about experts they're experts on fuck all

There are many safe ways to accomplish this but nobody is going to tell you what they are. You have to find them yourself. Survival of the fittest, only the smartest people will stay rich. The others are to remain as peasants.

cancerbola

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Quote from: SignificantOtter3 on October 18, 2016, 04:19:24 AM

Doubling your investment in a year is going to be tricky. The only two things I can think off are gambling or high-yield bitcoin p2p loans on platforms like Bitbond. Going to be tough though.

I don't know about bitbond, but the average apr of btcjam is 9% (with autoinvest on, not manual investing). It would take 8 years(!!!) of compounding interest to double $100,000. So... no. OP wants it done in a year.

I don't think that there is a good way to do it. If there was a safe way to double $100,000, wouldn't everybody do it?

SignificantOtter3

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Doubling your investment in a year is going to be tricky. The only two things I can think off are gambling or high-yield bitcoin p2p loans on platforms like Bitbond. Going to be tough though.

mrkevio

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There's no way to do that safely. Gambling is the worst option you can go for, so maybe starting your own business. A gambling casino costs just under $15k to be created with a good enough security against hackers.

freedomgo

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Quote from: phreaky on October 18, 2016, 03:42:51 AM

Quote from: BitFomo on April 26, 2016, 05:48:32 PM

I have $100,000 to invest but want to safely double it in a year. Any suggestions?

The only thing that I could think of is trying to gamble worth that amount of money because with gambling you can try to double that money quick.
It can happen if you are lucky but if you see that you lose to much then just quit.

If you are talking of gambling then the easiest way to do it is just to go all in, with that you will not need to waste your time and be more stressful with the mix emotions you will feel in the season, you can bet that amount in a sports of your choice, and you carefully analyze the situation and then you bet that one time.

phreaky

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Quote from: BitFomo on April 26, 2016, 05:48:32 PM

I have $100,000 to invest but want to safely double it in a year. Any suggestions?

The only thing that I could think of is trying to gamble worth that amount of money because with gambling you can try to double that money quick.
It can happen if you are lucky but if you see that you lose to much then just quit.

goldcoinminer

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Quote from: madwica on October 17, 2016, 09:26:22 PM

There is no safest way to double your money, there is always a risk every time you do investment, think more do more research because that is huge amount of money, you invest only that you afford to lose.

The amount of money is a serious amount already so you need to carefully evaluate your plans before putting a business or investment, with careful study you also need to consult professionals or your friends if you do not want to spend, but one think I can recommend to easily invest is just buy bitcoins and hold.

madwica

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There is no safest way to double your money, there is always a risk every time you do investment, think more do more research because that is huge amount of money, you invest only that you afford to lose.

SmartIphone

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Quote from: randy8777 on October 17, 2016, 07:42:59 AM

Quote from: mrhelpful on October 17, 2016, 07:37:47 AM

The safest way to double your money is to diversify your investment - don't put everything in one place.

And also research well and remember that patience is virtue.

Anything that will say they can double your money in no time is most probably a scam.

the problem with a lot people here is that they don't do any research about where they put their money in. it's all greed that makes them take bad decisions that lead to losses. trading is probably the best way if you know what you are doing. best is to avoid all investment sites that promise you certain rewards. they mostly turn into scams after a while.

I think that people are here are very skeptic than should be normally.
It is understandable that people don't want to risk the money but they should make a deep research before making any move.

dunfida

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Quote from: randy8777 on October 17, 2016, 07:42:59 AM

Quote from: mrhelpful on October 17, 2016, 07:37:47 AM

The safest way to double your money is to diversify your investment - don't put everything in one place.

And also research well and remember that patience is virtue.

Anything that will say they can double your money in no time is most probably a scam.

the problem with a lot people here is that they don't do any research about where they put their money in. it's all greed that makes them take bad decisions that lead to losses. trading is probably the best way if you know what you are doing. best is to avoid all investment sites that promise you certain rewards. they mostly turn into scams after a while.

Too good to be true returns are just a total scam anyway because theres no such investment would tend to grow your money on high returns on a short period of time . As you suggested its better to risk your money on trading and would somehow could able to gain profits in the long run and just make sure that you are knowledgeable on it.

randy8777

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Quote from: mrhelpful on October 17, 2016, 07:37:47 AM

The safest way to double your money is to diversify your investment - don't put everything in one place.

And also research well and remember that patience is virtue.

Anything that will say they can double your money in no time is most probably a scam.

the problem with a lot people here is that they don't do any research about where they put their money in. it's all greed that makes them take bad decisions that lead to losses. trading is probably the best way if you know what you are doing. best is to avoid all investment sites that promise you certain rewards. they mostly turn into scams after a while.

mrhelpful

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The safest way to double your money is to diversify your investment - don't put everything in one place.

And also research well and remember that patience is virtue.

Anything that will say they can double your money in no time is most probably a scam.

DuckKeeper

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You can make allot of money with the bitcoin but you know that 100.000 is allot of mney and i dont know if that is going to happen becuase you will
need to invest allot when you want to reach that amount.

sasha456

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Investing is always hard, risky and not safe. I would invest in different projects, that's what I will do.

Doms

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It is not that hard to double any amount, in this case $100,000. One can safely do it by investing in safe and medium rate of return type of investments. It is just a matter of time and patience is key here. Anything that involves time, a long one if you may, will result in higher yield. I have a mutual fund investment that has so far given me an average of 16% return yearly. Would have wished that I have more to invest.

Topic: How would you double $100,000 safely? - page 16. (Read 73714 times)