Putting 10 BTC to good use - page 4.

Zadicar

legendary

Activity: 1386

Merit: 1020

DGbet.fun - Crypto Sportsbook

Quote from: metalbean on January 04, 2017, 03:21:27 AM

Quote from: mrcash02 on December 06, 2016, 11:22:45 AM

Quote from: milewilda on December 06, 2016, 04:08:16 AM

Most people do really believe on this thing which trading is a good investment which you could able to make decent or more money but its not really easy to achieve and as you said it would really need proper knowledge and experience in able to be profitable with it.Lossing money on trading is just a normal thing because of price volatility and must be careful choosing shitcoins.

I think the same. The risk when trading is high, there aren't strategies working 100% there. You can "read" the graphics, try to find a sequence to create your rule, but who knows if what you predicted will really happen?

What traders say is that on long run their strategies always work, not always, but on the majority times it works, same thing that sport's gamblers say. In my opinion trade and sports gambling have something in common, and I don't think it's possible to live only with this income. Maybe you can try, but I'm sure it will be a life without stability.

The more active you trade the more commissions traders get, and the more tax you'll have to pay to the government. So the natural thing is to encourage small investors to trade trade trade. The stockmarket has been able to give a 8% annual return over a decade, if you don't keep trading in and out, at least 8% is guaranteed.

This is the first time i heard about this 8% tax annually being collected from brokers or platforms but there are different types of brokers on which could be forex of crypto trading.I didnt heard such thing about those taxes implemented on crypto brokers,dont know if im wrong or right.

metalbean

full member

Activity: 448

Merit: 103

Quote from: mrcash02 on December 06, 2016, 11:22:45 AM

Quote from: milewilda on December 06, 2016, 04:08:16 AM

Most people do really believe on this thing which trading is a good investment which you could able to make decent or more money but its not really easy to achieve and as you said it would really need proper knowledge and experience in able to be profitable with it.Lossing money on trading is just a normal thing because of price volatility and must be careful choosing shitcoins.

I think the same. The risk when trading is high, there aren't strategies working 100% there. You can "read" the graphics, try to find a sequence to create your rule, but who knows if what you predicted will really happen?

What traders say is that on long run their strategies always work, not always, but on the majority times it works, same thing that sport's gamblers say. In my opinion trade and sports gambling have something in common, and I don't think it's possible to live only with this income. Maybe you can try, but I'm sure it will be a life without stability.

The more active you trade the more commissions traders get, and the more tax you'll have to pay to the government. So the natural thing is to encourage small investors to trade trade trade. The stockmarket has been able to give a 8% annual return over a decade, if you don't keep trading in and out, at least 8% is guaranteed.

royserpa

copper member

Activity: 165

Merit: 1

Roy's Poker Room - BTC, 0.1% Rake, No KYC

Quote from: metalbean on October 16, 2016, 12:09:04 AM

Will be achieving ~10 BTC in a few weeks, all bought from an exchange.

Instead of letting the coins lying around, am considering to make some investments, currently in the back of my head there are a few "genres" :

1. P2P lending. E.g.:BTCJam and bitlendingclub.
2. Goods purchase. E.g.:purse.io
3. Funding E.g.: bnktofuture
Of the three I have the biggest faith in investing in professional funding aka ICO

My question being

1. Is there any other solid non "quick money" which I can put my BTC to use
2. What other reputable ICO investment is there for my minute amount of BTC to invest

Thanks guys!

Why don't you start a business with such capital?

Sure, it's not something big, but you can well use it to start a business and continue growing it.

You just need to be resourceful so you don't really need to trade your bitcoins to fiat Wink

What do you have in mind?

mrcash02

hero member

Activity: 1190

Merit: 525

CryptoTalk.Org - Get Paid for every Post!

Quote from: milewilda on December 06, 2016, 04:08:16 AM

Most people do really believe on this thing which trading is a good investment which you could able to make decent or more money but its not really easy to achieve and as you said it would really need proper knowledge and experience in able to be profitable with it.Lossing money on trading is just a normal thing because of price volatility and must be careful choosing shitcoins.

I think the same. The risk when trading is high, there aren't strategies working 100% there. You can "read" the graphics, try to find a sequence to create your rule, but who knows if what you predicted will really happen?

What traders say is that on long run their strategies always work, not always, but on the majority times it works, same thing that sport's gamblers say. In my opinion trade and sports gambling have something in common, and I don't think it's possible to live only with this income. Maybe you can try, but I'm sure it will be a life without stability.

milewilda

legendary

Activity: 3094

Merit: 1127

Quote from: arwin100 on December 04, 2016, 08:19:43 AM

Quote from: carlfebz2 on December 03, 2016, 12:07:16 AM

Quote from: mrcash02 on December 01, 2016, 03:45:11 PM

Quote from: Zadicar on December 01, 2016, 09:53:42 AM

Quote from: arwin100 on December 01, 2016, 07:56:22 AM

Quote from: Oilacris on December 01, 2016, 05:09:10 AM

Quote from: vishtany on November 28, 2016, 05:14:00 PM

Quote from: Blazed on October 17, 2016, 10:06:06 AM

Just hold your coins is the only decent option.

1. P2P always loses money and is full of scammers
2. Not sure how you profit that way, but it might be possible?
3. Funding/ICO/Securities are all gambles and most of the time you loose... The only ones making profits are the ones selling...

This sums up my advice pretty well.
Not even mining is a great idea...

Those kind of investments are really not a bad idea since they really do have the risk of lossing money. Ex. You put up money on a p2p and others said its a bad idea but others could able to sustain and grow it. It depends on the person on how he manage it and avoid the possibilities to get losses of money. 10 BTC is huge already and you could actually put up money on some investments but if you are in doubt then its better to hold off.

Holding such huge numbers of btc will be good but if you think for profits well actually the best platform for that is on tradiny sites since 10 btc can already manipulate the price of certain coins, and don't just really on holding since it cannot do anything good always since price blatantly go down after the thunder of price upwards, and much better really to invest separatedly on some serious matters like as op said good ICO and gambling investment.

You have a point,if you like to see profits on short period of time then its really better to put it into investments on which you could able to generate money and you dont need to hold it since you could able to maximize your money to earn money but remember that theres always risk on any investments but if you play smart on it then you could possibly earn money and thats the advantage of investing your money.

It's very risk. Both trading and gambling. I was looking on some videos about trading, "tutorials", but there is nothing 100% sure about it. The strategies are fail, sometimes can work, sometimes not... Looks without luck, there is no profit trading. If you put the wrong amount on money on the wrong order, it's over...

The only investment I see worth a little yet is the casino bankroll, but I don't know for how long it will worth... Many people doing the same investment isn't good.

The thing you said is actually true but its not always the case on trading,it might be difficult and may not work anytime but there are really helpful guidelines and tools that will help you out on your trading career.Lossing is a normal thing on trading but you should end up on profits and winning trades must be more than on losing ones. Trading is really risky if you don't have enough knowledge but if you are already prepared enough you know how to handle that for sure.

Totally, we cannot really say that we can earn huge or not since trading is no guarantee for us to get some profits at all but although this is one of the best option to us but surely we need more proper knowledge about it since its very high chance for us to lose somr money if we do lazy acts on trades and just buy those shitcoins on the certain exchange, and as you say proper preparation will truly the best for us to do so in tradings.

Most people do really believe on this thing which trading is a good investment which you could able to make decent or more money but its not really easy to achieve and as you said it would really need proper knowledge and experience in able to be profitable with it.Lossing money on trading is just a normal thing because of price volatility and must be careful choosing shitcoins.

pawel7777

legendary

Activity: 2436

Merit: 1561

Quote from: crazyivan on October 17, 2016, 11:21:24 PM

Another decent advise is margin lending, Polo offers it and Bitfinex offers it. You cannot lose money there unless the site goes offline. So there s always some form of risk inside crypto world.

Margin lending is probably the safest option but it's not risk free. If you provide a loan to a trader that uses it to margin buy a certain altcoin (hoping it goes up) but the altcoin's price takes a sharp nose-dive for whatever reason (ie critical vulnerability discovered) and forced liquidation can't be executed at set price (due to no buy orders) then you'd be at loss. So there is a risk other than exchange going bust.

arwin100

hero member

Activity: 2632

Merit: 787

Jack of all trades 💯