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Topic: Making your investment grow in a bitcoin economy - page 2. (Read 5687 times)

sr. member
Activity: 266
Merit: 250
Honestly, if you believe in bitcoin invest in bitcoin. Why bother with these start up companies to make a quick buck when there is so much risk. If you do decide to invest, just do your research (as always when investing).
sr. member
Activity: 280
Merit: 250
Well I'd just like to suggest trading a small percentage of your Bitcoin on the daily swings of the market in hopes to get more Bitcoins.  Can be risky and you said you weren't into gambling so I guess that could be a matter of your opinion on trading.  Their are services for those looking to trade that claim to profitable.  Investing in start ups is another good option if you have the money and can find something worthwhile.

i think if we want to invest in mining bitcoin, it's too risk now because the value of bitcoin tend increasing smoothly
we can invest if the price of bitcoin tend decreasing
thanks ...
hero member
Activity: 691
Merit: 569
mm interesting...

Quote
Watch out for scam if you want to invest in start up companies. Check out the market security sub-forum and see how many of the so called start up end up going bust either due to scam, incompetent or government regulation.

Right !
Creating a ponzi schema or a pump and dump coin is sounding attractive to me !!
legendary
Activity: 2660
Merit: 1074
Another option:

Make by your own a service that earns and stores in bitcoins, instead of gambling try to find a non-scam Bitcoin start-up. Or work as employer to some bitcoin business.
Buo
member
Activity: 112
Merit: 10
I know that isn't a safe way to increase my holdings, but I like gambling sometimes to try to grow my bitcoins.
member
Activity: 70
Merit: 10
Investing bitcoins is too risky, I prefer to have them in a secure cold storage and watch at the price monthly.
legendary
Activity: 1386
Merit: 1016
Invest what you can afford to lose! you should base your risk tolerance level to invest. The more return, the more risk! Your first one is safest one than the other two. The second follows. I don't recommend the third one. Nowtime it is nearly impossible to cover the expense from mining contracts. Return? Impossible!
hero member
Activity: 715
Merit: 500
Speculator right now having an unrealistic view of the market.

If you buy bitcoin at $590, how much further do you think it will go up?

After an year should be in the range 2k+

You know that for sure because?

Are you putting all your money into bitcoin?

Every dime that I don't need.
hero member
Activity: 715
Merit: 500
Speculator right now having an unrealistic view of the market.

If you buy bitcoin at $590, how much further do you think it will go up?

No one knows. My guess: another order of magnitude.

Unrealistic view of the market? I'm sure there are worst times to buy than at the onset of rapidly increasing merchant adoption, acceptance from U.S., British, and European regulators, and most importantly before the launch of the first ETF's and investment funds.

Or maybe it's a bad idea to invest in an asset that most laymen view as complex and difficult to obtain and secure shortly before easily accessible investment vehicles are made available to the masses.  Roll Eyes
sr. member
Activity: 322
Merit: 250
Dollar averaging seems like the solution, spend 100 dollars monthly and get the best of both worlds. Imo 10K is too risky now, it could go both ways.
full member
Activity: 164
Merit: 100
Speculator right now having an unrealistic view of the market.

If you buy bitcoin at $590, how much further do you think it will go up?

After an year should be in the range 2k+

You know that for sure because?

Are you putting all your money into bitcoin?
full member
Activity: 127
Merit: 100
Speculator right now having an unrealistic view of the market.

If you buy bitcoin at $590, how much further do you think it will go up?

Not as much potential as pump and dump altcoins, but Bitcoin is a lot safer bet.
hero member
Activity: 691
Merit: 569
Speculator right now having an unrealistic view of the market.

If you buy bitcoin at $590, how much further do you think it will go up?

After an year should be in the range 2k+
full member
Activity: 181
Merit: 100
Speculator right now having an unrealistic view of the market.

If you buy bitcoin at $590, how much further do you think it will go up?
hero member
Activity: 715
Merit: 500
Hi,

I saw this article http://nakamotoinstitute.org/mempool/the-correct-strategy-of-bitcoin-entrepreneurship/ . So I was thinking what is the correct way for me invest my money in a bitcoin economy so that it grows exponentially.

So suppose I have 10,000$ , so what are my options:

1. Buy bitcoins worth 10, 000$ and wait for bitcoin to explode , this seems like a safe bet and is most likely to happen
2.  Invest in a bitcoin startup that earns and stores  in bitcoin and not in dollars  : This way the startup itself may accelerate like 5 times over the next two years and multiply that with the growth of bitcoin and we have a compound effect. I think bitpay or other payment gateway would be an example of this. But the concern is these gateway lose their coins and someday the owner could just transfer all bitcoins to his address and vanish. So tracking the company revenue maybe difficult.
3. Bitcoin mining contract: You expect to increase your btc using this , but I guess If this really increased your btc, mining company would never offer a contact in the first place. Instead it would just spend the btc buying and investing in more mining equipment. Good analysis here https://bitcointalksearch.org/topic/bitcoin-mining-contracts-671304

Any other ways I can do better? (I am not talking abt gambling btc Cheesy) !


#1 is your best bet.

#2 would be a great option if you had something more to the tune of $1,000,000 to invest. These startups are all private companies as of now and hold seed rounds only for accredited investors. The space is too new.

Well I'd just like to suggest trading a small percentage of your Bitcoin on the daily swings of the market in hopes to get more Bitcoins.  Can be risky and you said you weren't into gambling so I guess that could be a matter of your opinion on trading.  Their are services for those looking to trade that claim to profitable.  Investing in start ups is another good option if you have the money and can find something worthwhile.

In traditional markets, 90% of day traders lose, while the number with crypto currency is probably slightly lower. It is a zero sum game. The majority of people fail because they don't understand the complexity and might of what they are up against (i.e. high frequency trading).

Swing trading can be profitable for those who are excellent with risk management, unemotional with the money they are risking, and have an above average understanding of what they are doing.

Best bet is to go with a long term investment.
hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
Well I'd just like to suggest trading a small percentage of your Bitcoin on the daily swings of the market in hopes to get more Bitcoins.  Can be risky and you said you weren't into gambling so I guess that could be a matter of your opinion on trading.  Their are services for those looking to trade that claim to profitable.  Investing in start ups is another good option if you have the money and can find something worthwhile.
full member
Activity: 218
Merit: 101
Watch out for scam if you want to invest in start up companies. Check out the market security sub-forum and see how many of the so called start up end up going bust either due to scam, incompetent or government regulation.

hero member
Activity: 691
Merit: 569
Hi,

I saw this article http://nakamotoinstitute.org/mempool/the-correct-strategy-of-bitcoin-entrepreneurship/ . So I was thinking what is the correct way for me invest my money in a bitcoin economy so that it grows exponentially.

So suppose I have 10,000$ , so what are my options:

1. Buy bitcoins worth 10, 000$ and wait for bitcoin to explode , this seems like a safe bet and is most likely to happen
2.  Invest in a bitcoin startup that earns and stores  in bitcoin and not in dollars  : This way the startup itself may accelerate like 5 times over the next two years and multiply that with the growth of bitcoin and we have a compound effect. I think bitpay or other payment gateway would be an example of this. But the concern is these gateway lose their coins and someday the owner could just transfer all bitcoins to his address and vanish. So tracking the company revenue maybe difficult.
3. Bitcoin mining contract: You expect to increase your btc using this , but I guess If this really increased your btc, mining company would never offer a contact in the first place. Instead it would just spend the btc buying and investing in more mining equipment. Good analysis here https://bitcointalksearch.org/topic/bitcoin-mining-contracts-671304

Any other ways I can do better? (I am not talking abt gambling btc Cheesy) !
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