Invest bitcoins or not | Bitcointalksearch.org

eatingtic

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Quote from: zimmah on June 03, 2014, 08:35:05 AM

www.just-dice.com

you can invest money there or gamble.

When you invest, people who gamble and lose will earn you money, when you gamble, well it's just gambling.

Keep mind, that you also have to pay commission fees.

So this can hinder your investment, so not sure about if this is a good place.

I rather just buy bitcoin and hold on to it. Plus you never know when some big whale comes and starts eating up everything based on their bankroll.

blumangroup

sr. member

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Merit: 250

'Slow and steady wins the race'

Quote from: alex21btc on June 02, 2014, 02:34:55 PM

Hi!
I collect some bitcoins, and I want invest.
I saw few investing websites and I don't sure are this sites safe?
Can you recommend me some verified sites?
And what you think about this earning method?

If you are looking to invest your BTC on a BTC related website/investment then I would highly advise against doing so.

There are a tremendous number of scams out there (they will likely have people vouching for them).

Even the sites that are not true scams are highly speculative. Add that to the fact that Bitcoin is highly speculative, you will be taking a tremendous amount of risk. A much better bet is to simply buy Bitcoin hoping that the price will rise in the future.

Dr. Pepper

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Nobody can tell you whether you should or not. You should make up your own mind. All investments carry risk.

lynn_402

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Quote from: alex21btc on June 03, 2014, 02:59:11 PM

Thanks everybody. Thanks for help. I only don't understand how this websites or companies shut down their site, and run away with money? I mean, there is must some kind of law?

It's easy to hide from it when dealing with almost untraceable Bitcoins and using TOR.

alex21btc

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Activity: 80

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Thanks everybody. Thanks for help. I only don't understand how this websites or companies shut down their site, and run away with money? I mean, there is must some kind of law?

Pony789

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+1 for investing in bankroll of casinos, as the house always win in the long run due to the house edge.
JD is great and the owner doog is trustworthy.

zimmah

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www.just-dice.com

you can invest money there or gamble.

When you invest, people who gamble and lose will earn you money, when you gamble, well it's just gambling.

claugoz14

newbie

Activity: 25

Merit: 0

In my opinion you should act carefully, you know in this moment the price per BTC is about $600, if you want to invest there are a few altcoin which are good to invest, I used about 20% of the amount of BTC to invest it in, LTC, Doge, BCN those coins are in a good price and stable. Good luck with your bussiness.

Testing123

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Activity: 561

Merit: 500

Quote from: alex21btc on June 02, 2014, 02:34:55 PM

Hi!
I collect some bitcoins, and I want invest.
I saw few investing websites and I don't sure are this sites safe?
Can you recommend me some verified sites?
And what you think about this earning method?

If you are talking about those sites claiming to double your bitcoin or give you 150% profit in a few days, they are ponzi and you shouldn't consider it an investment but a gamble.

For a safer investment, you may invest in the bankroll of JD.

Trading

legendary

Activity: 1455

Merit: 1033

Nothing like healthy scepticism and hard evidence

You can open an account at Bitfinex and lend your bitcoins at good rates allowing others to leverage. The coins can't leave the exchange, so they can't default on you. The only serious risk is a problem with the exchange.

Be very careful with the places you sent your coins. There are lot of scammers promising high returns. Never send any, before doing serious searches on the site.

But basically, by having bitcoins, you are already investing.

ferman

full member

Activity: 238

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Sanırım BAN 11 Nisan'a uzadı...

i think mintpal is good. i use them and not complain. but i prefer to you this = split your coins to differents sites

lynn_402

sr. member

Activity: 462

Merit: 253

Quote from: odolvlobo on June 02, 2014, 06:56:28 PM

Quote from: alex21btc on June 02, 2014, 02:34:55 PM

I collect some bitcoins, and I want invest.
I saw few investing websites and I don't sure are this sites safe?
Can you recommend me some verified sites?
And what you think about this earning method?

Investing BTC (i.e. buying shares, or lending BTC, or doing cloud mining) is extremely risky. I've lost a lot of money investing BTC because companies fail, exchanges fail, and there are plenty of scams out there.

I still feel bitter about Neobee..
OP should study the many failed securities that have been, if you plan on investing in one of the new ones.

odolvlobo

legendary

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Quote from: alex21btc on June 02, 2014, 02:34:55 PM

I collect some bitcoins, and I want invest.
I saw few investing websites and I don't sure are this sites safe?
Can you recommend me some verified sites?
And what you think about this earning method?

Investing BTC (i.e. buying shares, or lending BTC, or doing cloud mining) is extremely risky. I've lost a lot of money investing BTC because companies fail, exchanges fail, and there are plenty of scams out there.

lynn_402

sr. member

Activity: 462

Merit: 253

Quote from: DolanDuck on June 02, 2014, 05:49:48 PM

Just hold the btc you have, and maybe buy some others now.
Apple will accept bitcoins in their apps, this is a huge news, no need to invest them now and risk to lose all the coins because of a scam.

Very good advice. It's fine to use a small percentage of your Bitcoins to play with high-risk/high-rewards opportunities, but the majority of one's Bitcoins should be left alone in cold storage. Bitcoin and altcoins are already in themselves potentially very lucrative investments, and they are less risky than all the bitcoin-related investment you may find on the internet and on this forum.

DolanDuck

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Just hold the btc you have, and maybe buy some others now.
Apple will accept bitcoins in their apps, this is a huge news, no need to invest them now and risk to lose all the coins because of a scam.

lynn_402

sr. member

Activity: 462

Merit: 253

Quote from: DeboraMeeks on June 02, 2014, 04:15:08 PM

Quote from: lynn_402 on June 02, 2014, 02:40:56 PM

Some sites are proving themselves to be quite reliable; Coinbase, Prelude.io, Bitstamp, Cryptsy. I'd suggest any of them, and mostly Cryptsy if you want to try investing in alternatives to Bitcoin.

What we think about this earning method? Well, if we thought it was a bad idea, we wouldn't be here Wink

It's risky, but the reward is bigger than the risk, in my opinion.

Be VERY careful with cryptsy, they dont seem to be acting very ethically and may be operating on a fractional reserve :/

Really? On what grounds can you affirm that?

DeboraMeeks

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Quote from: lynn_402 on June 02, 2014, 02:40:56 PM

Some sites are proving themselves to be quite reliable; Coinbase, Prelude.io, Bitstamp, Cryptsy. I'd suggest any of them, and mostly Cryptsy if you want to try investing in alternatives to Bitcoin.

What we think about this earning method? Well, if we thought it was a bad idea, we wouldn't be here Wink

It's risky, but the reward is bigger than the risk, in my opinion.

Be VERY careful with cryptsy, they dont seem to be acting very ethically and may be operating on a fractional reserve :/

CoinDiver

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Justdice has been reliable, and I've had a 40% roi in a year. Doog seems to know what he's doing, but 40k btc is a lot to trust him with. We can only hope 40k is enough to inspire someone to hunt him down if he runs, and that is enough to keep him from running. He says he has a deadman switch implemented. And there is a place to enter an emergency withdrawal address... but that could always be a front. I've only been brave enough to trust him with about 5% of my holdings.

lynn_402

sr. member

Activity: 462

Merit: 253

Quote from: alex21btc on June 02, 2014, 03:14:55 PM

I think to invest on sites like qoingrow or sites like get daily 4% of your investing.
But maybe I changed a mind. I think is trading is better solution.

Be very careful about trading; don't do it with more than 10% of your BTC at first, because before you gain enough experience, it's very easy to lose money.

And sites like qoingrow are pyramid scheme. To get profits there, you have to trust that other users will sign up under you. Someone always get burnt, and it can very well be you; these kinds of things are the cancers of the economy, and I'd highly suggest not risking what you have in that. And also, you'd have to trust the owner of the website not to simply run with the money - things like that have happened before.

alex21btc

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Activity: 80

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I think to invest on sites like qoingrow or sites like get daily 4% of your investing.
But maybe I changed a mind. I think is trading is better solution.

Topic: Invest bitcoins or not (Read 1277 times)