Topic: I've got $20k to invest. Please recommend! - page 47. (Read 78293 times)
Most advanced projects out there are Ethereum, Monero, Slock.it, NXT, Bitshares, Decred. Split at your likes.... A word of warning... Bitcoin is dying.
First there is no bank pays over 10% anymore, if you know a bank pays more than 10%, then it must be doing something behind your back, not necessary a bad thing, but you need to know.
In terms of bitcoin, my feeling is that holding bitcoin, is like holding a gold bar, if will not pay you anything, you are waiting for price appreciation.
The only way I can think of is to buy in a 6 month period, each month you spent about 3500 to buy coins, so that price averaged to a reasonable number. Each week you buy a little bit more than 2 coins at current price. Hide your coins in a code storage.
In terms of bitcoin, my feeling is that holding bitcoin, is like holding a gold bar, if will not pay you anything, you are waiting for price appreciation.
The only way I can think of is to buy in a 6 month period, each month you spent about 3500 to buy coins, so that price averaged to a reasonable number. Each week you buy a little bit more than 2 coins at current price. Hide your coins in a code storage.
This only works if it appreciates over time. If it drops, you still lose. BTC isn't proprietary. From an investment standpoint, it's a horrible risk vs. reward ratio.
First there is no bank pays over 10% anymore, if you know a bank pays more than 10%, then it must be doing something behind your back, not necessary a bad thing, but you need to know.
In terms of bitcoin, my feeling is that holding bitcoin, is like holding a gold bar, if will not pay you anything, you are waiting for price appreciation.
The only way I can think of is to buy in a 6 month period, each month you spent about 3500 to buy coins, so that price averaged to a reasonable number. Each week you buy a little bit more than 2 coins at current price. Hide your coins in a code storage.
In terms of bitcoin, my feeling is that holding bitcoin, is like holding a gold bar, if will not pay you anything, you are waiting for price appreciation.
The only way I can think of is to buy in a 6 month period, each month you spent about 3500 to buy coins, so that price averaged to a reasonable number. Each week you buy a little bit more than 2 coins at current price. Hide your coins in a code storage.
Hey folks,
I've finally got around $20k to invest in long-term. No, unfortunately I cannot put this on a bank to get like 10-15% per year, I'd need something way more good.
What would you recommend? Mining? Other crypto?
Investors, please get me some cool ideas.
Thanks in advance,
Marcell
I've finally got around $20k to invest in long-term. No, unfortunately I cannot put this on a bank to get like 10-15% per year, I'd need something way more good.
What would you recommend? Mining? Other crypto?
Investors, please get me some cool ideas.
Thanks in advance,
Marcell
You're asking this in the wrong area. There are two types of people here:
1) Those who make money investing
and
2) Those who don't
Those in class #1 aren't going to tell you where to invest. We're not your fiduciary. We're not your adviser. What you're doing is akin to asking in a public forum for legal advice -- no legitimate attorney is going to provide it (outside of very basic things) until you're a client of theirs. The risk is too great.
I don't say this to be rude, but rather to help protect you. If you follow advice here, you're more than likely going to have a bad time.
- the lazy method is to buy bitcoin and hold for at least 6 months and sell for profit. but this is risky for $20k
- you can also buy other things like gold, stocks,... and sit back and enjoy the profit
- there are some other small stuff for earning like lending, trading, investing in altcoins you can choose as alternatives or with small amounts.
- best thing is to start a new business. for that you are going to need a niche. if you want to just copy from others that would be a fail before the start. as others suggested you can make a good profit from a popular casino but any new casino is hard to become popular if you don't know what you are doing.
you can either choose one method to put all the money or diversify and choose a couple of them.
- you can also buy other things like gold, stocks,... and sit back and enjoy the profit
- there are some other small stuff for earning like lending, trading, investing in altcoins you can choose as alternatives or with small amounts.
- best thing is to start a new business. for that you are going to need a niche. if you want to just copy from others that would be a fail before the start. as others suggested you can make a good profit from a popular casino but any new casino is hard to become popular if you don't know what you are doing.
you can either choose one method to put all the money or diversify and choose a couple of them.
So this might not be the answer you are looking for but I would recommend diversifying your portfolio to spread out rate of return and risk. I would recommend investing $2,500 in stocks (equities), $2,500 in gold/silver, and $15,000 in crypto currencies. Yes, a crypto-currency advocate just encouraged you to invest in stocks and commodities. So with that $15,000. I recommend investing in Bitcoin and Ethereum. $7,500 in bitcoin and $7,500 in ethereum
Don't put all eggs in one basket, if i were you i would be bitcoins, ethereum a part of them holding and a part of them trading if you have knowledge, mining is only profitable if you have free electricity but we will not know what will happen at the halving time.
and there is also another problems as stated in mining speculation section....
The growth "exponential" of hashing power!
You can estimate by now up to 2/3 months....
and even with free electricity you can't stay safe enough That's right, the graph shows that growth in exponential which wasn't before. If the amount of budget would be higher i would suggest OP to invest in apartments, in lands in his country, investing online has higher risk.
There are broker sites like 1broker and CFD1k if you are interested.
Just a word of advice:
don't put your investments all in one place and don't trust into one type of stock or thing to invest in.
Those would be your best bet so you can make it grow quicker.
don't put your investments all in one place and don't trust into one type of stock or thing to invest in.
Those would be your best bet so you can make it grow quicker.
According to my personal experience, the best investment is Forex trading. I am able to generate 20-30% in a monthly basis practically with no risk, and that is why I think it is the best option to invest, but you need to develop some skills and experience before deciding for this option.
If you'd like to specifically invest all your 20k in cryptocurrencies buy and hold bitcoin; it's your best bet, long term.
Do Not even remotely think about bitcoin cloud mining, or any kind of bitcoin mining (you'll loose your money faster than you can burn it);
that is unless you have very very cheap electricity (preferably free) and you are doing it yourself;
mining is becoming too competitive.
Google a bit, find a few good books on investing and go through them it'll be well worth your time!
Diversify your investment portfolio a.k.a don't put all your eggs in one basket!
Do Not even remotely think about bitcoin cloud mining, or any kind of bitcoin mining (you'll loose your money faster than you can burn it);
that is unless you have very very cheap electricity (preferably free) and you are doing it yourself;
mining is becoming too competitive.
Google a bit, find a few good books on investing and go through them it'll be well worth your time!
Diversify your investment portfolio a.k.a don't put all your eggs in one basket!
Its nice that you have 20k to invest because its a large number and you can make big profit with it for sure.
I think just investing in the bitcoin and holding bitcoins in a cold storage is easy and you will make profit for sure.
I think just investing in the bitcoin and holding bitcoins in a cold storage is easy and you will make profit for sure.
Best way to invest if you have the time is to just do cloud mining and earn returns on your investment that way. It will help if it's a very trusted site, that will just ensure that you will get the return and not get scammed.
whatever you want to do with that much money depends on what kind of experience you have. if you have done something prior to this you would be more successful to start a new thing from scratch.
but i think with that amount if you can create a good casino it is going to be profitable for you. you can hire developers and consult more people about it but if you can create a competing casino with interesting feature and do appropriate advertising you can reach a good level of profitability.
but i think with that amount if you can create a good casino it is going to be profitable for you. you can hire developers and consult more people about it but if you can create a competing casino with interesting feature and do appropriate advertising you can reach a good level of profitability.
Hey folks,
I've finally got around $20k to invest in long-term. No, unfortunately I cannot put this on a bank to get like 10-15% per year, I'd need something way more good.
What would you recommend? Mining? Other crypto?
Investors, please get me some cool ideas.
Thanks in advance,
Marcell
I've finally got around $20k to invest in long-term. No, unfortunately I cannot put this on a bank to get like 10-15% per year, I'd need something way more good.
What would you recommend? Mining? Other crypto?
Investors, please get me some cool ideas.
Thanks in advance,
Marcell
The only better way I can see for this is Lending. But it will eat up quite some of your time. On the other hand, there's even a chance to make a living off that.
I would invest small portions into multiple things. Like I would invest 2k in gambling site another 2k into trading or more if you feel like to.
You can invest in funds, where you can get out profit each month, so you can have cash for living. Or you can invest and then monthly profit also invest on auto mode. 
Okay, but invest to what?
By mining, I was thinking about cloud mining.
How about Ether?
Thanks in advance!
How about Ether?
Thanks in advance!
It's even worst , most of the cloud mining services out there turned out to be a scam after sometime so it's not really recommended to use them.
I wouldn't recommend ETHER as-well , probably Bitcoin is the best choice for you . In the last couple of days ETHER dropped with like 200 million $ in Marketcap (from 1billion to 800 million) as you can see here : https://coinmarketcap.com/ , So in my opinion the market manipulation is real.
By mining, I was thinking about cloud mining.
How about Ether?
Thanks in advance!
How about Ether?
Thanks in advance!
Ethereum price suffers of a strong change in a price.... and I think it can be a really coins that could compete against btc.
No I think invest in ETH, is not actually the best choice.
With this value you can invest in some site... betting casino or similar.... you can run a good business!!!
Thanks a lot for info about Ether. You'd recommend to try to run an own one, or just to invest into a current, ongoing one?
By mining, I was thinking about cloud mining.
How about Ether?
Thanks in advance!
Cloud mining? Duh, I'd entreat you to read this -> https://bitcointalksearch.org/topic/cloudmining-101-ponzi-risk-assessment-878387 . BTW, I'd say(suggest) you to 've forbearance & you'll definitely come up with (big) profits (through trading).How about Ether?
Thanks in advance!
Don't put all eggs in one basket, if i were you i would be bitcoins, ethereum a part of them holding and a part of them trading if you have knowledge, mining is only profitable if you have free electricity but we will not know what will happen at the halving time.
and there is also another problems as stated in mining speculation section....
The growth "exponential" of hashing power!
You can estimate by now up to 2/3 months....
and even with free electricity you can't stay safe enough Just a bit. Because there is also a chance that the value can be down and that wont be good.
Thanks a lot for this, I've dropped the idea...
You can invest in funds, where you can get out profit each month, so you can have cash for living. Or you can invest and then monthly profit also invest on auto mode.
with $20 you can enter altcoin market by starting to trade.
but you need some knowledge and experience to be successful. but don't worry it is not that hard, it only takes time to learn.
p.s. forget about cloud mining. it is waste of time, and you will get scammed most probably.
oh really? you want to tell me, that 15% guarantee profit by bank is not enough for you?
bitch please..
it is the inflation, and it depends on the country you are living in. in some countries even 21% annual profit is not enough (and i say this from experience!)
but you need some knowledge and experience to be successful. but don't worry it is not that hard, it only takes time to learn.
p.s. forget about cloud mining. it is waste of time, and you will get scammed most probably.
to get like 10-15% per year, I'd need something way more good.
oh really? you want to tell me, that 15% guarantee profit by bank is not enough for you?
bitch please..it is the inflation, and it depends on the country you are living in. in some countries even 21% annual profit is not enough (and i say this from experience!)
Well, if my bank was offering me 10-15% annual interest rates, then I wouldn't even think about putting my money elsewhere. Buy Bitcoin and hold the coins in your wallet safely. Stay away from any kind of mining thing. It's not profitable anymore for people with a small budget. Also, don't dive into altcoins.
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