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Topic: INVEST BITCOIN!!! - page 17. (Read 25070 times)

sr. member
Activity: 476
Merit: 250
Gone......
March 08, 2015, 07:33:05 PM
#90
my frnds invest their money on a bank which pays 8% per year....lolz...and they says it is 100% safe hahahaha.....i bet that is surely safe :-P

If a bank is paying 8% for anything in this time of rates, they are taking enourmous risks. I am talking headge fund or atleast direct stock investments.

Supposedly interest rates in Aus are a lot higher than in the west. Many are claiming their banks offer 4-6% for savings accounts, for example. I'm not familiar with their insurance policies though.

I would take my money out of the bank if they started to offer this, the old saying rings home something to good to be true. Sounds to me like there is about to be a massive crash offering them rates. Obviously that is of course you friend is telling the truth and they are but either way that is the alarm to get the dollar out of there and invest in something like gold/silver.
legendary
Activity: 1988
Merit: 1007
March 08, 2015, 07:32:05 PM
#89
my frnds invest their money on a bank which pays 8% per year....lolz...and they says it is 100% safe hahahaha.....i bet that is surely safe :-P

If a bank is paying 8% for anything in this time of rates, they are taking enourmous risks. I am talking headge fund or atleast direct stock investments.

Supposedly interest rates in Aus are a lot higher than in the west. Many are claiming their banks offer 4-6% for savings accounts, for example. I'm not familiar with their insurance policies though.

I see. In that case they must have some strongly devaluating currency for the interest rate parity to hold true.

It's somewhat hard to tell, really. I remember just like 7-8 years ago, you could get savings accounts in the west that had 4.5%+ interest rates. I'm not familiar with what our economy was like back then, but I figure if we used to be on that level, it's not impossible to think Aus can still be (depending on how they manage stuff).
sr. member
Activity: 448
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March 08, 2015, 07:30:10 PM
#88
my frnds invest their money on a bank which pays 8% per year....lolz...and they says it is 100% safe hahahaha.....i bet that is surely safe :-P

If a bank is paying 8% for anything in this time of rates, they are taking enourmous risks. I am talking headge fund or atleast direct stock investments.

Supposedly interest rates in Aus are a lot higher than in the west. Many are claiming their banks offer 4-6% for savings accounts, for example. I'm not familiar with their insurance policies though.

I see. In that case they must have some strongly devaluating currency for the interest rate parity to hold true.
legendary
Activity: 1988
Merit: 1007
March 08, 2015, 07:27:58 PM
#87
my frnds invest their money on a bank which pays 8% per year....lolz...and they says it is 100% safe hahahaha.....i bet that is surely safe :-P

If a bank is paying 8% for anything in this time of rates, they are taking enourmous risks. I am talking headge fund or atleast direct stock investments.

Supposedly interest rates in Aus are a lot higher than in the west. Many are claiming their banks offer 4-6% for savings accounts, for example. I'm not familiar with their insurance policies though.
sr. member
Activity: 448
Merit: 250
Changing avatars is currently not possible.
March 08, 2015, 07:14:13 PM
#86
my frnds invest their money on a bank which pays 8% per year....lolz...and they says it is 100% safe hahahaha.....i bet that is surely safe :-P

If a bank is paying 8% for anything in this time of rates, they are taking enourmous risks. I am talking headge fund or atleast direct stock investments.
newbie
Activity: 18
Merit: 0
March 08, 2015, 05:06:41 PM
#85
my frnds invest their money on a bank which pays 8% per year....lolz...and they says it is 100% safe hahahaha.....i bet that is surely safe :-P
legendary
Activity: 1988
Merit: 1007
March 08, 2015, 04:58:35 PM
#84
i suggest you do some research about trading altcoins with your bitcoin. BUT if you want to jump in without enough information and knowledge you will surely lose more money than you earn. but if learn the ways, the earning is good.

EVen the "pros" that claim to "Beat" the altcoin markets either only do it by manipulating the market or the flat out lie about their results. The problem is that there is so much variance and people are really bad in distingushing results into skill and variance.

There are very few who are beating the alt coin market consistently and like you said that is threw manipulation and flat out lies. Most of them who do are cum bags plain and simple. The problem is those who try to trade are so new to it most of the time they cannot hold for long enough or know when a coin is accumulating there is so much to learn not many have the patience to be able to but if you do then you can earn from it if you have a lot of discipline.

It's not hard to beat the market with cryptos, really... the problem is people still don't utilize basic investing/trading rules and end up losing everything due to one bad bet.

The alts are being manipulated almost daily, but that makes for even MORE profit if you just pay attention and don't throw money into random coins with the thought that "it has to go up sometime, right?"
sr. member
Activity: 476
Merit: 250
Gone......
March 08, 2015, 04:28:54 PM
#83
WHERE CAN I TRUST 100% TO INVEST MY COINS for garentee payback
CAN ANY ONE SUGGEST ME ?


Just be happy with the investment you made when you purchased your coin because if you need to ask where can you trust to invest for a guarantee return then you are not ready for it dude. There are no easy investments in btc all is risky and that is good without risk where is the reward?
hero member
Activity: 532
Merit: 500
March 08, 2015, 04:08:23 PM
#82
i suggest you do some research about trading altcoins with your bitcoin. BUT if you want to jump in without enough information and knowledge you will surely lose more money than you earn. but if learn the ways, the earning is good.

EVen the "pros" that claim to "Beat" the altcoin markets either only do it by manipulating the market or the flat out lie about their results. The problem is that there is so much variance and people are really bad in distingushing results into skill and variance.

There are very few who are beating the alt coin market consistently and like you said that is threw manipulation and flat out lies. Most of them who do are cum bags plain and simple. The problem is those who try to trade are so new to it most of the time they cannot hold for long enough or know when a coin is accumulating there is so much to learn not many have the patience to be able to but if you do then you can earn from it if you have a lot of discipline.
sr. member
Activity: 448
Merit: 250
Changing avatars is currently not possible.
March 08, 2015, 02:25:58 PM
#81
i suggest you do some research about trading altcoins with your bitcoin. BUT if you want to jump in without enough information and knowledge you will surely lose more money than you earn. but if learn the ways, the earning is good.

EVen the "pros" that claim to "Beat" the altcoin markets either only do it by manipulating the market or the flat out lie about their results. The problem is that there is so much variance and people are really bad in distingushing results into skill and variance.
legendary
Activity: 1946
Merit: 1137
March 08, 2015, 12:22:31 AM
#80
i suggest you do some research about trading altcoins with your bitcoin. BUT if you want to jump in without enough information and knowledge you will surely lose more money than you earn. but if learn the ways, the earning is good.
legendary
Activity: 3472
Merit: 10611
March 08, 2015, 12:19:11 AM
#79
to current mining investment and the cloud is not recommended, if you are smart play better analyze trading.
Ya really most mining r scam at the present not including one or two.
Ya i think trading will not be bad idea to go for.
Thankd !!:)
mining is never a good idea, if you know how to trade especially if you can gain good profits from trading you can earn much more money this way that you can earn mining.

But if everyone is told mining a bad idea and miners keep leaving because no profit, who will do the mining?
the big companies that are mining right now will continue to mine, don't worry about that.
but for someone who wants to invest in something 100%, as the case of the OP, it is not a good idea to invest in mining. besides everytime mining is mentioned people usually go towards "cloudmining" which we all know how it is.
legendary
Activity: 1988
Merit: 1007
March 08, 2015, 12:06:23 AM
#78
Pretty risky, basically gambling with your money.
you mean investing? if someone would invest bitcoin in mining hardware no one could scam them

The risk is not actually profiting along with not recieving your hardware and getting scammed etc. Like the case with many mining companies they often cannot meet up to what they say about their hardware.

Not to mention... you're fighting Bitcoin's hash and value volatility like this, increasing risk further. If a mining company could make a profit, why would they sell YOU hash rate for LESS than they'd earn? The thought of this is ludicrous and is proof that the cloud mining sector is full of greedy people.
hero member
Activity: 812
Merit: 1000
March 07, 2015, 08:00:46 PM
#77
Pretty risky, basically gambling with your money.
you mean investing? if someone would invest bitcoin in mining hardware no one could scam them

The risk is not actually profiting along with not recieving your hardware and getting scammed etc. Like the case with many mining companies they often cannot meet up to what they say about their hardware.
sr. member
Activity: 448
Merit: 250
Changing avatars is currently not possible.
March 07, 2015, 06:52:14 PM
#76
There is no such thing as a safe investment. Not even in "reallife" environment, so it will hardly be possible in the nearly fully anonymous BTC world.

Best thing would be to just hold your coins, and if you must "gamble" invest into a gambling site bankroll.
legendary
Activity: 1736
Merit: 1029
March 07, 2015, 03:58:54 PM
#75
Go buy gold and wait for 10 years
And maybe then a new element shall be discovered and gold will be nothing but a novelty item.
100% of making profit?  You're crazy Smiley

I'd suggest keep your bitcoin and wait for it to be worth something in the future.
sr. member
Activity: 434
Merit: 250
Loose lips sink sigs!
March 07, 2015, 12:50:00 AM
#74
Invest in yourself...
hero member
Activity: 588
Merit: 500
March 06, 2015, 07:10:58 AM
#73
Pretty risky, basically gambling with your money.
you mean investing? if someone would invest bitcoin in mining hardware no one could scam them
I meant investing with bitcoins directly.With mining if you factor the increase of difficulty over time and also the time between order and delivery of the miner you see how you are basically scamming yourself of the prospective profit you might have. Would also not recommend.
well it would payoff after some years so basically youre not scamming yourself, also price could go back to 600 dollars or more

You are just talking speculation as no one can predict where it goes to.
Anyways, trying to gain something on it, instead of just sitting back and watching for price to increase ain't clever according to me.
sr. member
Activity: 378
Merit: 250
March 06, 2015, 07:04:38 AM
#72
Pretty risky, basically gambling with your money.
you mean investing? if someone would invest bitcoin in mining hardware no one could scam them
I meant investing with bitcoins directly.With mining if you factor the increase of difficulty over time and also the time between order and delivery of the miner you see how you are basically scamming yourself of the prospective profit you might have. Would also not recommend.
well it would payoff after some years so basically youre not scamming yourself, also price could go back to 600 dollars or more
hero member
Activity: 588
Merit: 500
March 06, 2015, 06:51:44 AM
#71
Investment needs a lot of research and research needs time.
There are many new sites being popped up, can't say you should invest in them, but if you see, you will find that many of them are genuine and if you are just headed towards gaining a small amount of BTC lately but for sure, then I think you should go with them. Just don't forget to go with the least risk listed in there.

Else, altcoin trading is another place but it needs careful attention to get into a coin which you might get pumped on.
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