Holding bitcoin long term is your best bet if you don't wanna investigate all those new projects out there, plus there's always the chance they fail and you lose your money.
Check the following website if you want some serious stats about this:
http://woobull.com/
Topic: How would you invest a substantial amount of Bitcoin? - page 2. (Read 790 times)
If I have 50K USD in Bitcoin, why would I want to sell my Bitcoin? What I am trying to say is that why would I purchase 50K USD worth of Bitcoin in the first place when I do not plan to invest them? One logical answer would be that I mine these Bitcoin during its early days.
Well, if I purchase those Bitcoin I will not invest all of them at once. I will hold a little portion of it and invest the other portion. Probably around 30K USD to create a gambling site (provided my country allows - which is not the case for me) because it is a very profitable niche in the cryptocurrency world. As I said I am not allowed to create gambling site, so my next option will be mining as it is still somewhat profitable. Wait, my country electricity fees is very high, my profit from mining is as low as dust every month ... Then I might consider to hold these Bitcoin and wait for the price to grow.
If I mined those 50K USD worth of Bitcoin then I may exchange a large portion to fiat and then start a mining farm. The left over might go into some small online business such as eShop etc.
Well, if I purchase those Bitcoin I will not invest all of them at once. I will hold a little portion of it and invest the other portion. Probably around 30K USD to create a gambling site (provided my country allows - which is not the case for me) because it is a very profitable niche in the cryptocurrency world. As I said I am not allowed to create gambling site, so my next option will be mining as it is still somewhat profitable. Wait, my country electricity fees is very high, my profit from mining is as low as dust every month ... Then I might consider to hold these Bitcoin and wait for the price to grow.
If I mined those 50K USD worth of Bitcoin then I may exchange a large portion to fiat and then start a mining farm. The left over might go into some small online business such as eShop etc.
I think, Bitcoin itself is an investment, this year alone it has increased by more than 50% and still has a long way to go, if I were you I would divide my holdings into 40% to 60% ratio and put the 40% into Bitcoin lending on exchanges and hold the remaining in my wallet, though lending on exchanges come with high risk but I will still prefer to earn something from my BTC holding
Say you had as an example 50k usd in bitcoin, how would you invest it in a serious way to grow your wealth long term? Would you hold in coins, P2P lending etc or rather would you cash it and buy company shares or something?
I can only speak for myself, but at the moment, i would hold the bitcoin itself... I seriously hope the current price increase isn't losing momentum...
About the other options: trading and holding altcoins is rather profitable if you know what you're doing AND if you're lucky. I've tried P2P lending and had a net loss of over 30%. Cashing out and investing in shares is offcourse allways possible but has little to do with bitcoin.
Say you had as an example 50k usd in bitcoin, how would you invest it in a serious way to grow your wealth long term? Would you hold in coins, P2P lending etc or rather would you cash it and buy company shares or something?
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