Topic: Safe place to invest ... relatively speaking? (Read 378 times)

I appreciate the effort some of you have put into this post. Although the 'discussion' is going no where.
One of you mentioned "lending platforms are going out of business'  ..eerrr.. no .. they're not, please check your facts, SOME platforms, namely the two large ones, Jam and blc are going away, Jam had some issues with US authorities about some licensing / registering thing, that they didnt want to do & that pushed them out of US and hence out of business.
Blc are going away AND coming back by rebranding. P2p lending is the new thing and is here to stay, just like crowdfunding, which is somewhat similar but close. There is no place like gofundme where someone can get legitimate 'crowdfunded' emergency financial help, which is a niche the p2p bitcoin lending platforms are going to fulfill.

And someone talked about putting their money in a trusted wallet. To them I say, go research about what tradefortress & gox did. They were pretty trustworthy back then.

Bottom line, I am looking for a safer alternative but still similar platform to Blc & Jam, while btcpop is the only good one I know of, would appreciate if most of you tried to help me with that information.

There needs to be a way for small businesses or for regular common people to get some kind of help outside of the regular banking chain. There must be.

Dont really like the concept of lending coins or putting my money on stake like that. There is not much security when we speak about lending.

You can put your money into wallets for long storage and mostly bitcoin will help you a lot in gaining profits really. Btcjam never used it. I only trust my wallets such as blockchain info and coinbase. I dont do much except saving my coins and trading them to multiply my profits. Lending would need big work such as documentation and tracking of customers.  Thats extra work and risky business. Better put money in wallet and enjoy the payback after few tears.

PoS coins re much safer options, especially those with masternodes. I suggest DMD Diamond but there re several other options available.

Since i didnt wanted to create a new thread for this I am going to ask it here . I wanted to get honest opinions and reviews about Bitconnect . Some say its a scam and others say its the best investment. I am going to invest in it in a few days and i really wanted to know if its a good idea to invest in bitconnect. I really cant afford to lose my money. So people, can you please give me some honest opinions about it as it could be helpful to me and other investors looking out to grab an opportunity.

Both of above sites are not safe for investment.

margin lending on poloniex and bitfinex can be considered safer but both of those exchange platforms can get hacked like before and you might loss all your bitcoin there.

Yobit have investment box which runs on hyip model so never invest in those risky offers.

Then why just build your own emergency funds directly at your own hands than relying on such services? To gained passive income? We are talking about important purposes here. If you are just looking for extra opportunity to earn then it's fine. Really can't figured out why you made up an idea like that.

You already mentioned it that some lending platforms are going out of business meaning it's clear that there is no future here. It will also be applied to those other lending platforms. Come on have a minute to figured out something else.

Try lending on poloniex,yobit or bitfinex.

don't have personal idea regarding to this investment but thanks for some insight as i also looking for some good opportunity to place my money
thinking of buying alts and go with pos system which will give me some good stake coins if OP are also considering this type of investment better
to check it out as well.

Beg to differ.

The whole lending scene can in itself be considered a gambling game.
You win some you lose some, just like in gambling. But at least if you lose here you're enabling people to get some food on their table, from what I have gathered the people that most people tag as 'scammers' are just people struggling to pay their bills and traditional banks wont give them a chance.

But in the end it all comes down to individual choice, some people 'gamble' their money away by investing in machines that may or may not break even their own cost & cost of running and some people, like me, will invest in other people.

I'll lose a shit ton, sure, but it'd hurt less if I lost that money playing cards with my buddies.

I never tried lending investments. If you want suggestions of safe places to invest (relatively speaking, as there is always some risk involved), I could tell you FreeBitco.in offering daily interest over your balance there. It's working fine for me, the profit isn't big (0.01% daily), but it's a good place to put some money and forget about it for a while. Give a look there on the site and reply here what you think.

Unfortunately the only good investment you can do with your extra savings is to buy an Antminer S9 or a computer with multi graphic cards in order to mine altcoin. Other possibilities ,especially the lending area is full of cheaters not only where you are saying but also here in our forum. People try to do anything just for a few dollars. Do not send your money to any website.

Kinda trying to research about out all the websites that are similar to

• Btcjam
  
  Btcpop
  

I intend to put in some of my extra savings every month as an investor and perhaps use the same place to get some emergency funds out as & when needed.
I am asking everyone here to put in what they know about various lending / investing platforms. Given the fact that goodones like btcjam are going out of business and Btcpop have no vision to 'grow'.. and that most of these sites are full of defaulters, it might be important for everyone to keep tabs on this thread.