Topic: Investments with Compound interest. - page 3. (Read 746 times)
I think that everyone who takes out loans in bitcoins is a Scam. If you need money for your business then you can contact the Bank and take out a loan in Fiat. It will be much more profitable. This year bitcoin has shown growth rates of 700%. And that's without interest on the loan. What business has such profitability? I do not believe that it is possible to find an honest borrower.
It's an option to invest in a reputable Bitcoin casino perhaps?
You keep gaining interest on top of what you've previously earned and you can just keep your investment there for a couple of months or years.
There's a thread in the Securities section of the forum of someone who invested in a couple of coins at Crypto-Games and he documents his profits for every coin.
Take a look if you're interested:
https://bitcointalksearch.org/topic/crypto-gamesnet-investment-returns-updated-weekly-week-35-2796-in-btc-1796062
You keep gaining interest on top of what you've previously earned and you can just keep your investment there for a couple of months or years.
There's a thread in the Securities section of the forum of someone who invested in a couple of coins at Crypto-Games and he documents his profits for every coin.
Take a look if you're interested:
https://bitcointalksearch.org/topic/crypto-gamesnet-investment-returns-updated-weekly-week-35-2796-in-btc-1796062
Compound Interest is one of the safest way to invest your money because there's a guarantee that your money will increase its value by the percentage that you will accumulate annually by the bank that you deposited. Let say your current principal is $2000 and you hold it a year, the interest rate is 5% yearly the compound interest is 3 times annually that would be $2,101.68. That's a sure increase of money unlike investing in cryptocurrency there is no assurance that the price will still the same.
Conpound interest is one of the most greatest invention of economist. Yes it is a great way to invest, but for a long term. Compound interest really creates great profits if handles wisely and invested properly. You can go to stock market or insurances which fully utilizes the use of compound interest. Bitcoins does not work that way so you can't really apply it here unless you can convince someone to agree with you.
I wish there are such investments too, but sadly, things in life don't come for free. If you search up 'bitcoin investment sites', I bet all of them are scam and will run away with your money in the future. Those sites 'promise' high returns over months, with unrealistic rates of interest.
Ok, think about it this way. Where do they get their money from? You may think that you 'invest' in them so that they can make more money, but if so, why would they share it with you? They can just get that rates themselves and become quadrillionaires in a decade.
So, try not to 'invest' in any sites. However, there are lending sites that gives you small amount of interest, but it isn't worth the risks and the possible fees.
Poloniex is an example: https://poloniex.com/lending#BTC
Just check this board called investor-based games and see the scams for yourself.
https://bitcointalk.org/index.php?board=207.0
Honestly, Bitcoin is a good investment, so by holding bitcoin, you are getting 'interest'.
Ok, think about it this way. Where do they get their money from? You may think that you 'invest' in them so that they can make more money, but if so, why would they share it with you? They can just get that rates themselves and become quadrillionaires in a decade.
So, try not to 'invest' in any sites. However, there are lending sites that gives you small amount of interest, but it isn't worth the risks and the possible fees.
Poloniex is an example: https://poloniex.com/lending#BTC
Just check this board called investor-based games and see the scams for yourself.
https://bitcointalk.org/index.php?board=207.0
Honestly, Bitcoin is a good investment, so by holding bitcoin, you are getting 'interest'.
I am recently watching videos about investing and financial freedom. I usually hear people like Tony Robbins say that compound interest is such a great thing. It is a wise way to invest your money for a long period of time. I have heard it from several others as well. But I have no idea which investments give us compound interest. I was hoping if you guys know about it and I would be very happy to be educated about it. I am in my early 20s and want to make right decisions for secure and prosperous present and future. I would really appreciate your words and advises. Thanks
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