Pages:
Author

Topic: The best way to invest Bitcoin? - page 3. (Read 4884 times)

hero member
Activity: 504
Merit: 500
September 02, 2014, 03:05:38 PM
#41
I don't like to invest my BTC. Maybe in a bull market, I'll look into some pump-and-dump altcoins for a quick trade. But lending and investing is very risky -- lots of fly-by-night players here. Is stick to holding BTC and trading it against USD to hedge.
sr. member
Activity: 406
Merit: 250
September 02, 2014, 02:56:40 PM
#40
Couldn't agree more with what has been said. Buying bitcoin with money when you can and then holding onto it is the best way to invest. Putting any kind of money into anything could only result in you being out of pocket, it's always best to invest what you know you can afford and then hold and wait.
member
Activity: 115
Merit: 11
Bitcoin is revolution
September 02, 2014, 02:23:09 PM
#39
Once, I started with Cex.io's business but I get out as fast as I could and start changing my investing in BTCJam. Now, some people tell me that put the BTC in loans is very dangerous because the price.

And I was like...

What then, is the best way to invest Bitcoin, given the amount of start-ups and business that are right now? Which one is the best according to you?

Bitfinex is fine as long as you want to change the BTC for USD, as interest rates for BTC are very low.

You are the second person who vote for Bitfinex. Do you have an account there? Are any differences between that and Bitstamp?
newbie
Activity: 56
Merit: 0
September 02, 2014, 12:02:28 PM
#38
The best way is to buy, and hold. Don't put any money in mining or cloud mining.
legendary
Activity: 1199
Merit: 1047
September 02, 2014, 11:59:35 AM
#37
Once, I started with Cex.io's business but I get out as fast as I could and start changing my investing in BTCJam. Now, some people tell me that put the BTC in loans is very dangerous because the price.

And I was like...

What then, is the best way to invest Bitcoin, given the amount of start-ups and business that are right now? Which one is the best according to you?

Bitfinex is fine as long as you want to change the BTC for USD, as interest rates for BTC are very low.
legendary
Activity: 1260
Merit: 1000
World Class Cryptonaire
September 01, 2014, 08:06:51 PM
#36
Once, I started with Cex.io's business but I get out as fast as I could and start changing my investing in BTCJam. Now, some people tell me that put the BTC in loans is very dangerous because the price.

And I was like...

What then, is the best way to invest Bitcoin, given the amount of start-ups and business that are right now? Which one is the best according to you?

Just buy and hold and let the value/price of bitcoin go up on its own. If you try to multiply your bitcoins by investing you're going to get burnt by a bunch of scammers. Really your only other legit option is to day trade bitcoin on bitfinex if you are knowledgeable in that subject.
legendary
Activity: 1022
Merit: 1000
September 01, 2014, 05:51:18 PM
#35
I have listened so many stories about scams, exchanges which disappear etc that I decided to store all my savings in cold storage without investing them anymore.

Agreed.

When I first got involved with bitcoin I was excited about the prospect of "investing" them.  I am so glad I didn't.  Almost everything I looked at would have been a disaster compared to simply holding them.  Basically if you want to invest in bitcoin then just buy it and store it safely.  Maybe use it in transactions to foster adoption.  There are no safe or well understood "investments" yet.  About the best you could do historically would have been something like investing on Just Dice where you could be the bank, but even then considerable trust was involved and they've since shut down - though they did return all the coins to their investors.
full member
Activity: 123
Merit: 100
September 01, 2014, 05:09:16 PM
#34
There are no best way  Grin
But there are good way to invest :
- Trading
- Arbitrage Trading
- Mining (You should check ROI / break even before invest)

3 of them is good & safe way (for me)
I don't like any of these ways. They all involve a lot of unnecessary risk. I especially do not like the third way (mining) as almost all miners available to the public (people with a small amount to invest) will almost certainly never ROI.

Several people on here have also said dollar cost averaging however this is really not very different then investing in terms of fiat, but the OP is wanting to invest in terms of bitcoin.
I agree. I personally think all of the above ways to invest your bitcoin will generally not ROI.

I would suggest making loans with collateral, however this is very time intensive.
newbie
Activity: 28
Merit: 0
September 01, 2014, 01:52:23 PM
#33
Buy with FIAT its the only way.
sr. member
Activity: 476
Merit: 250
August 29, 2014, 01:51:59 PM
#32
There are no best way  Grin
But there are good way to invest :
- Trading
- Arbitrage Trading
- Mining (You should check ROI / break even before invest)

3 of them is good & safe way (for me)
I don't like any of these ways. They all involve a lot of unnecessary risk. I especially do not like the third way (mining) as almost all miners available to the public (people with a small amount to invest) will almost certainly never ROI.

Several people on here have also said dollar cost averaging however this is really not very different then investing in terms of fiat, but the OP is wanting to invest in terms of bitcoin.
sr. member
Activity: 322
Merit: 250
August 29, 2014, 12:58:25 PM
#31
Im dollar cost averaging aka investing little peanuts I have left after taxes and monthly expenses, but slowly im building up my first BTC, also thanks to sig campaings.
sr. member
Activity: 252
Merit: 251
Knowledge its everything
August 29, 2014, 12:15:28 PM
#30
There are no best way  Grin
But there are good way to invest :
- Trading
- Arbitrage Trading
- Mining (You should check ROI / break even before invest)

3 of them is good & safe way (for me)
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
August 29, 2014, 11:43:53 AM
#29
Good ol buy and hold technime, same as used for gold.
don't compare BTC with Gold . because we will use BTC as Diamond which has high cost Smiley you will need huge money to buy single BTC because you know we can mine limited BTC in the market and need of the BTC will increase too much in future Smiley
newbie
Activity: 42
Merit: 0
August 29, 2014, 11:00:09 AM
#28
Good ol buy and hold technime, same as used for gold.
newbie
Activity: 42
Merit: 0
August 29, 2014, 10:13:11 AM
#27
Dollar cost average seems like the more legitimate way to me.
full member
Activity: 210
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
August 28, 2014, 09:19:08 AM
#26
The best approach to BTC investment is withholding your stocks when there's market recession and wait to sell when there's a boom.
sr. member
Activity: 280
Merit: 250
August 28, 2014, 12:25:27 AM
#25
I think investing bitcoin is a longterm investation, you can not earn a lot of bitcoin in the near future, you must wait and see when you investing bitcoin
At anywhere you investing it, you must wait and see, hopefully you can find the place which is safe and profitable to investing it ...
newbie
Activity: 42
Merit: 0
August 27, 2014, 06:51:04 PM
#24
The best is via exchange of fiat for BTC
member
Activity: 63
Merit: 10
August 27, 2014, 03:07:51 PM
#23
trading coin or hold btc, invest mostly ponzi
you can also sell btc and open a business in the real world
newbie
Activity: 45
Merit: 0
August 27, 2014, 12:19:48 PM
#22
This is easiest, most direct way to invest in bitcoin. Choose Coinbase as your exchange. Backed by Silicon Valley royalty, Coinbase combines the two things you need to start collecting bitcoin: a wallet (a digital place to receive, send, and/or store your bitcoin), and an exchange (to buy the bitcoin with U.S. dollars).
Pages:
Jump to: