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Topic: I've got $20k to invest. Please recommend! - page 26. (Read 78287 times)

hero member
Activity: 616
Merit: 503
★Bitvest.io★ Play Plinko or Invest!
Meh... The only ones that truely made money with mining are the ones that firstly invested in asics and the miner chip makers.
Mining is a field with intense competition where some of them don't even pay electricity, with these conditions I would be surprised even to get even when investing in mining.

IMO the best way to invest on bitcoins is 1) to keep them and enjoy the enventual rise of price 2) to invest in some dicesites which have good ROI (but you're never truely same since they can close at anytime and you can also lose money in short term).

Can you suggest some trusted dice sites?
https://dicesites.com/
This website compares all dice sites (some of them have invest options and others don't). I would advise you two things.
1) Compare their activity, their wagered per day (very important) and the amount already invested (bigger invested amounts usually lead to less volatility but also usually have less return). With this data you can easily have an idea of how much you can win.
2) Ideally you should diversify between 2 or more sites. Some of these sites are online since a few years, but you still depend on their owner (If they wanted they could withdraw everything). Plus diversifying reduces the risk of a hard blow from a whale player.
hero member
Activity: 560
Merit: 500
Meh... The only ones that truely made money with mining are the ones that firstly invested in asics and the miner chip makers.
Mining is a field with intense competition where some of them don't even pay electricity, with these conditions I would be surprised even to get even when investing in mining.

IMO the best way to invest on bitcoins is 1) to keep them and enjoy the enventual rise of price 2) to invest in some dicesites which have good ROI (but you're never truely same since they can close at anytime and you can also lose money in short term).

Can you suggest some trusted dice sites?
legendary
Activity: 1232
Merit: 1091
To be honest, I wouldn't really try to invest $20k into BTC for profit.
It is very volatile. Though I would suggest Stock Market & ETCs which can also be very volatile, and often also have a loss position.

I got a hint once: Analyse your local market first and speculate about their future well being. Once you hit a thought, which could be rentable you can look up other opinions in the internet.

U can start with simulating, or just go full ham.
I can also recommend reddit.com/r/wallstreetbets .

Greetings
TiRoX

Volatility brings profit to the table. If you invested $20K some months ago you would have made yourself a huge profit if you kept holding till now. It's the time of investing that matters the most. If that is right then you can make yourself a nice profit every year.
newbie
Activity: 3
Merit: 0
To be honest, I wouldn't really try to invest $20k into BTC for profit.
It is very volatile. Though I would suggest Stock Market & ETCs which can also be very volatile, and often also have a loss position.

I got a hint once: Analyse your local market first and speculate about their future well being. Once you hit a thought, which could be rentable you can look up other opinions in the internet.

U can start with simulating, or just go full ham.
I can also recommend reddit.com/r/wallstreetbets .

Greetings
TiRoX
hero member
Activity: 616
Merit: 503
★Bitvest.io★ Play Plinko or Invest!
Invest it on mining Smiley

I think mining is not a good choice right because the halving is near and if halving has been done it will be harder for miners to mine bitcoin.

Maybe mining not a good choice after halving, the reward is lowered by half. I think current reward is 25 BTC and after halving will become 12.5 BTC? If that will happen, mining will be difficult, not profitable maybe. If after halving and the BTC price will double, then its just the same as usual as if nothing happens. But there are also improvement on mining hardware as the antminer release the S9 and theres also a new GPU from AMD the R9 480x?

Gpu minning cannot be profitable for bitcoin mining in a large farm ... Asics chips are way too efficient to beat. The only advantage of GPUs is that they are easier to sell or can be used for gaming so it's not such a loss like outdated asics miners. Gpu can be used to mine other currencies, which can be exchanged for bitcoins.
hero member
Activity: 1414
Merit: 505
Backed.Finance
Invest it on mining Smiley

I think mining is not a good choice right because the halving is near and if halving has been done it will be harder for miners to mine bitcoin.

Maybe mining not a good choice after halving, the reward is lowered by half. I think current reward is 25 BTC and after halving will become 12.5 BTC? If that will happen, mining will be difficult, not profitable maybe. If after halving and the BTC price will double, then its just the same as usual as if nothing happens. But there are also improvement on mining hardware as the antminer release the S9 and theres also a new GPU from AMD the R9 480x?
hero member
Activity: 616
Merit: 503
★Bitvest.io★ Play Plinko or Invest!
Meh... The only ones that truely made money with mining are the ones that firstly invested in asics and the miner chip makers.
Mining is a field with intense competition where some of them don't even pay electricity, with these conditions I would be surprised even to get even when investing in mining.

IMO the best way to invest on bitcoins is 1) to keep them and enjoy the enventual rise of price 2) to invest in some dicesites which have good ROI (but you're never truely same since they can close at anytime and you can also lose money in short term).
newbie
Activity: 1
Merit: 0
u could invest in bitcoin mining. at long turn it is the most profitable oppertunity you have.
hero member
Activity: 560
Merit: 500
it was better to invest when rate was $450

Yes if he buy it his $20k from that price im pretty sure that he gets big profit right now because the price of the bitcoin is getting near to $800.

Now he would have got twice the profit, plus after halving it will be more and more
hero member
Activity: 2590
Merit: 644
it was better to invest when rate was $450

Yes if he buy it his $20k from that price im pretty sure that he gets big profit right now because the price of the bitcoin is getting near to $800.
hero member
Activity: 2590
Merit: 644
Invest it on mining Smiley

I think mining is not a good choice right because the halving is near and if halving has been done it will be harder for miners to mine bitcoin.
newbie
Activity: 28
Merit: 0
Invest it on mining Smiley
hero member
Activity: 560
Merit: 500
it was better to invest when rate was $450
sr. member
Activity: 462
Merit: 250
20k is a large amount for sure, you can make a lot of money with 20k, I think you can do multiple things with it.
If you want to do it on the easy way just invest it into the bitcoin itself.
sr. member
Activity: 338
Merit: 250
Buy bitcoins now and keep it.

When price rises(probably after Sep) sell them.

You will get a profit.

Better buy now before halving if not its going to be way more expensive 

Yeah buying is the best option to choose as of now because like other users they are also storing bitcoins and waiting for the right time to sell their coins.
Why don't you try to invest your money and buy bitcoins and try to lend it in lending section that has 10% percent interest ever week or 1 percent per day.. or just hold your bitcoin and wait for the price increase.
And sell it when the price reach high above $700 before halving ends so that you can make lots of profit than investing it the banks low interest.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
Buy bitcoins now and keep it.

When price rises(probably after Sep) sell them.

You will get a profit.

Better buy now before halving if not its going to be way more expensive 

Yeah buying is the best option to choose as of now because like other users they are also storing bitcoins and waiting for the right time to sell their coins.
sr. member
Activity: 350
Merit: 250
Just spread the amount over a whole list of investments, I would go for trading, the bitcoin itself, doing some altcoins and maybe even invest in a start up or company.
I heard as example that bitcoin casino investing is hyping right now..
sr. member
Activity: 476
Merit: 250
You should just invest it in the bitcoin and than wait on price increases to make some good money with it at the end of this journey.
I really think its the best thing you can do because its safe and easy.
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
HODL or trade. No other options are much safer than these. Gambling is probably already a no for you, and unless your electricity is near or below 0.075$, good luck mining- solar isn't cost -effective and there's no way around that. Normally I would diversify, but with bitcoin there's really not much safe stuff to diversify on. There's definitely a large margin for profit in trading, and even if it takes years, learn to trade! It will not only help you in altcoins trading, but also in stocks and the like, because all markets are intertwined in some way or another, and patterns are nearly the same. HODLing is cheap and effective, but it can sometimes fail, and it's simply not fun watching your money gather dust imo.
hero member
Activity: 2590
Merit: 644
I recommend to buy bitcoins now because the price is continue rising and i think that buying bitcoins now is a god idea because we can still make a profit by holding our bitcoins and wait for the price to reach at least $900 before selling Smiley. Investing in bitcoin now is a better than putting our money on HYIPs.
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