Much better to hold all in bitcoin.. so that you can make a profit more after block halving.. block halving will happen this coming july and now 1 month to go.. so better to hold all in bitcoin..
No more altcoin or bank interest it takes too long..
Topic: Investing Advice PLEASE :-) - page 2. (Read 1192 times)
Nice window, Bitcoin of course - hands down. Just to be safe, keep it in your savings account. This is the time to bet the farm if you have the backup you claim. Tho, sounds like you want a safe outlook. Just keep it on hand or in the disastrous checking account. Tho, 7 BTC can do plenty in that amount of time.
Hi friends, I am going to ask you for some investing advice! As this is the "speculation" subforum, and I am looking to "speculate" with some capital, I figured you all would be able to help!
Somebody recently gave me $4000. This $4000 I have to hold onto for approximately 4 months, until I am supposed to use it to buy a used car for them that will be available at that time (the seller is out of country at the moment and the buyer is leaving the country in a month.)
Anywho, so in the meantime, I have this $4000 USD. What the fuck do I do with it?
1) Hold onto $4000 phyz cash
2) Put it in a bank account that gets something like 0.1% interest.
3) Put it in a 3-month-term CD that gets something like 4% annual interest
4) Put $3000 into a CD (the minimum), $900 into Bitcoinz, and $100 into a couple altcoins.
5) Put $2000 into a bank account with 0.1% interest, $1800 into Bitcoinz, and $200 into a couple altcoins
6) 25% in bank account and 75% in bitcoinz/altz
7) 2 DA MOON BABY (all of it in bitcoin.)
( 8 ) CUSTOMIZE YOUR OWN BITCOINASHLEY INVESTING PORTFOLIO !!!
So things to keep in mind:
Ok go.
Somebody recently gave me $4000. This $4000 I have to hold onto for approximately 4 months, until I am supposed to use it to buy a used car for them that will be available at that time (the seller is out of country at the moment and the buyer is leaving the country in a month.)
Anywho, so in the meantime, I have this $4000 USD. What the fuck do I do with it?
1) Hold onto $4000 phyz cash
2) Put it in a bank account that gets something like 0.1% interest.
3) Put it in a 3-month-term CD that gets something like 4% annual interest
4) Put $3000 into a CD (the minimum), $900 into Bitcoinz, and $100 into a couple altcoins.
5) Put $2000 into a bank account with 0.1% interest, $1800 into Bitcoinz, and $200 into a couple altcoins
6) 25% in bank account and 75% in bitcoinz/altz
7) 2 DA MOON BABY (all of it in bitcoin.)
( 8 ) CUSTOMIZE YOUR OWN BITCOINASHLEY INVESTING PORTFOLIO !!!
So things to keep in mind:
- I have enough money to replace if it's all lost, but I'd prefer not to have to do that because that would obviously suck
- In terms of risk tolerance, I wouldn't mind having to replace, say, 10% of the $4000 if Bitcoin really went downhill; as that's part of taking a risk and "speculating."
- Obviously how much might be lost or gained depends a lot on our speculation of how the market is going to do in the next 3-4 months.
- Please don't whine too much because THIS IS THE SPECULATION SUBFORUM and speculation is perfectly normal and acceptable here.
- No, I'm not being dishonest and mis-using someone else's money, because as far as they know, they're getting their $4000 back after 4 months whether or not I lost it when Bitcoin crashes after the block halving hype ends. I am financially solvent and responsible with money.
Ok go.
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