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Topic: The best way to manage free money (Read 2015 times)

full member
Activity: 462
Merit: 100
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April 25, 2018, 04:54:50 AM
Actually the best way for me is to invest them on crypto currency. Go hard on stable and strong coins snd put some on up coming ones. Then hold on for dear life. You could just see the update on how much your portfolio would be, it won't take 10 mins of your time. You can even do it while you're in the can. But if you really don't havr the time, then just go ahead and invest on the strong coins. Then forget about it. Just don't let the banks handle it.
member
Activity: 332
Merit: 12
April 25, 2018, 04:41:31 AM
Best way is the invest in the crypto currency like BTC i guaranty it
For me the best way to manage your money us save to the the trusted bank. Limit to spending money because now a days its so hard to find money and keep it to your wallet. Be wised to spend your money.
The best way of managing free money is very easy for those who are knowledgeable about any business. Investing your free money in any product will give you good returns if you do with knowledge and by applying your knowledge you can not be busted in any business. The modern world says Bitcoin because it is the most productive currency out there in the global market.
newbie
Activity: 77
Merit: 0
April 25, 2018, 01:52:08 AM
Making money from money was great. Making passive income than saving it with low interest. Its better to invest your money or have your own business for much better income than to stock it.
sr. member
Activity: 1484
Merit: 253
April 24, 2018, 07:29:36 AM
If it's a lot, I'd rather use my money to make money, than it's saved and wasted free, managing money is very important now and should keep it in a safe place if you do not want to lose your money, better use to make money back can with investing or in property.

You're right, well each of us have different perception on how to deal but somehow we need to be realistic and be aware the possible happenings which may occur. Investing is way to manage another money as it will able to have a great amount of profit as time passes by. Also, if you are lucky enough definitely you can be have more money as you will add it for your financial stability.
member
Activity: 280
Merit: 10
April 24, 2018, 07:13:36 AM
I feel unable to do daily trading in market bitcoin / cryptocurrency, I want to invest my money. please give me advise on what you think is good about:
1. bank deposits
2. Lending cryptocurrency
3. Mining
4. Gold assets
5. Property
6. other ideas ...

your response will be very useful for me, and maybe some visitors who read this thread. and thank you for your comments.



You can earn coins very much and much better when you can make your own power to help alleviate the cost of electricity needed when milling. And from the options you give it seems very profitable and give you free coins is from mining
member
Activity: 266
Merit: 10
April 24, 2018, 12:24:30 AM
On the off probability that you just have to be compelled to have a superior future which you're occupied with having a superior living for your own specific self moreover as for your family, at that time you really have to be compelled to take care of all the free money that you a way or another spare. you've got to utilize that money suitably which you've got to contribute that money at the right place thus you'd then be ready to get Associate in Nursing expectation of influencing one thing additional to out of that money.
member
Activity: 224
Merit: 10
April 23, 2018, 03:28:27 PM
If you have spare money and you want to make profit out of it then invest. There are lots of good investments of your choice, one of them are bitcoin.
newbie
Activity: 154
Merit: 0
April 23, 2018, 03:23:58 PM
Gold is the best asset for a long time investment and I hope you mean real gold (not cfd, futures, gold deposit and so on).
Gold grows and does not disappear anywhere but there are a lot of difficulties with real gold so not so much people invest in gold.

full member
Activity: 378
Merit: 100
April 23, 2018, 03:12:36 PM
Lending cryptos can be a good option out of the list
thanks. right now I am trying to learn this. and compare the risks

Best way is the invest in the crypto currency like BTC i guaranty it
can you tell me, what kind of invest can I do with BTC? honestly want to have a lot of BTC, but I see BTC price is too expensive for me. but I will consider it if it finds a good way to be able to earn profits with little risk.

I would prefer cryptocurrency since prices are low at the moment but if you have that much money then i would suggest to divert some of your funds to other investments. For me gold and property would be at the top of my list other than crypto that is.
for some people may not be too much, about $ 50 000. but for me this is a lot, but free. I get from bounty ICO for almost 1 year, I'm interested in property, but I have not understood the legality of ownership, and how to sell and buy it, it's not as easy as buying ice cream. and it does not seem to be easy to resell it when I suddenly need a lot of money. but thanks.

Bank deposit and lending will be only good if you have a small amount to place because the growth is very slow and there is only a small amount of increase on your investment while investing on cryptocurrency will give you a huge amount of profit in the market if you really know how to trade well.
member
Activity: 602
Merit: 15
April 23, 2018, 03:02:39 PM
If I were you I would sit for a couple of months to analyze all currencies, put 40% into the crypto-currencies, the rest part of the deposit would be invested in a real low-risk business.
jr. member
Activity: 644
Merit: 1
April 23, 2018, 02:28:53 PM
Already year I've been investing in cryptocurrency and I consider this to be the best way to manage my money. And as for mining, I think that now it is profitable only in large volumes.
sr. member
Activity: 714
Merit: 254
April 23, 2018, 12:15:13 PM
Mining Bitcoin is Good and profitable but this season of bitcoin is too risky you have bit profit by mining nowadays i suggest that if you have money try to invest it in small business that you might think give you a daily profit. Investing in crypto is always don't have guarantee of turning back.
The best way to manage free money is to make an investment, it could be here in cryptocurrency or in stock market, but for me I would choose to have 80% crypto and 20% in stock market or in a lending company or in a real estate, prioritize bitcoin and some top coins to invest as they are more profitable.
full member
Activity: 504
Merit: 102
April 23, 2018, 11:48:16 AM
newbie
Activity: 94
Merit: 0
April 23, 2018, 11:30:29 AM
Mining Bitcoin is Good and profitable but this season of bitcoin is too risky you have bit profit by mining nowadays i suggest that if you have money try to invest it in small business that you might think give you a daily profit. Investing in crypto is always don't have guarantee of turning back.
newbie
Activity: 98
Merit: 0
April 23, 2018, 11:23:05 AM
If I were, I would double the money by investing it into gold or property like home and land. If you are pretty sure and brani, try to buy stock, bitcoin or other things.
full member
Activity: 238
Merit: 100
April 23, 2018, 11:20:25 AM
I suggest you check with local agents about the mutual fund policies available in your area. They are also governed by the government and therefore you will have that trust factor.
There is only one adviser, that mutual fund policy is subject to market risk and you can also lose money if luck does not benefit you.
I do not know if you've heard of a mutual fund scheme provided by an Asset Management Company. They invest some of your income in equity and other parts of debt and give you a return of almost 20-30%.

I do not like the idea of handing everything over for someone else to do their investing. These kind of people want success in their investing but really doesn't want any part of it.

Now, it is not bad to have a team around you to do the work. In fact, it's fantastic to build a wealth team!

But there is a huge difference between handing everything over with no further involvement versus understanding the type of investing being done and letting the systems manage the team members so less involvement is required.

I find that these  people  grow dissatisfied with the results they get and look for something else to help them reach their goals.



Yup, you are absolutely right. I have friends that has experienced this and two of them were really unlucky because without them knowing it, they were being tricked or taken advantage of the people they trusted with their money because these people they trusted gave them only half and on some occasions less than half of what their profits should be just because they were too lazy to do background check on these guys. This has happened to them for a long time because they do not understand what they put their money into. It is sad but I think they deserved it, at least now they learned and are thinking more than twice before trusting and making their own research about their investments.
member
Activity: 171
Merit: 10
Global Risk Exchange - gref.io
April 23, 2018, 08:28:03 AM
Best way is the invest in the crypto currency like BTC i guaranty it
For me the best way to manage your money us save to the the trusted bank. Limit to spending money because now a days its so hard to find money and keep it to your wallet. Be wised to spend your money.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
April 23, 2018, 07:47:28 AM
Best way is the invest in the crypto currency like BTC i guaranty it
For me I will save for the half of it for my personal and emergency needs and the other half was plannable to invest crypto currency.

The problem with free money is that we don't consider it in the same level as the money we worked hard for. Since it's free, it's easy for us to spend it in unnecessary expenses. I think we have to realize that money is money regardless of how we got it. Then we'd be able to manage it responsibly.
member
Activity: 280
Merit: 10
April 23, 2018, 06:34:32 AM
I am surprised that no one mentioned about private placements. The private placement market offers investors the opportunity to invest in securities of privately owned growth companies that may later become publicly listed, and as a result possibly experience dramatically increased share prices. Where private companies are not meant to go public but may still engage in a private placement, such as in the case of certain real estate developments, the investor buys a share in the project that he/she later receives back at the time of completed project sale, together with a percentage of the project profits.
I think it is not very hard to make wise decision in crypto currency as everyone know that crypto investment is good to make your money high, if you are real investor then it will not hard for you to take risk, as much risk you will take today then tomorrow you will not be worry about rainy day as you will have to save something against rainy day.
full member
Activity: 590
Merit: 116
April 23, 2018, 02:08:50 AM
Have you ever thought to try to invest everything on ICO? I think it is much more promising. Perhaps many people have doubts with this because the risk of the scam is very high, but the results are great.
yes, I've tried investment in ICO project, I can't tell you much, it's actually great to have the ability to choose which projects are good and profitable, and to determine this we have to learn many things, whitepapers, team members, products, communities.


Investing in some property is also a good way to invest and specially if you are going to invest in land it has high demand and the value of this is increase in every year then in the same time you should invest in crypto currency like buying a coin then hold it for a long term.
If you'd like to invest on cryptocurrency, i should prefer you to invest with bitcoin and ethereum. This two different types of cryptocurrency i think is the most trusted and having a great potential to create a higher value in the future.
Crypto currency BTC is one of the most popular means of making money. People work online through this, making money free.
Thank you for the advice. I've done this in Bitcoin and some other old coins, ethereum, doge, litecoin, maid, str, xrp. just waiting for the next few years for us to sell. I believe in Bitcoin.
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