Topic: The best way to manage free money - page 11. (Read 1995 times)

I think you should invest at gold and property because that sector is have a stable value and the price is increase significantly. There are less risk on that sector, aftar that you can invest in cryptocurrency.

Mining is the best way to place your money , because a mining hardware can generate more coins and you will earn crypticurrency passively, the only problem you will get is the electricity consumption of your hardware but still you will earn more profit because the price of bitcoins is very expensive.

of course, a nice selection remains on the bitcoin or crypto but not in daily trading but for investment in the long term such as in a few years will certainly resulting in a profit which is great since the coin prices inevitably will rise.

My suggestion is better to invest some of your money in crypto because almost all price of cryprocurrency now is in dip price,
And better to make a business to make your profit grow, Dont deposit your money in bank, bank is wasting your time and profit, Be wise.

Here are my suggestions:
1. Bank deposits - a bit slow in terms of garnering interest, but I will still suggest this.
2. Lending Cryptos - as long as you're sure you can trust whoever you'll lend it to, you can give this a go. Moreover, please be wary that since you're dealing with crypto's, practically anyone can run away with it since there's no regulation or legal body protecting it (IMHO).
3. Mining - if you can shell out the dough, you can probably go for this. Just think about the major increase in your utility bill.
4. Property - One of the best ideas, just make sure you're checking out prime lots or probably areas where the potential to sell is high.
5. Other Ideas - probably start your own business.

I intentionally left out Gold Assets as I'm not that familiar with how it works. Hope these help you out.

the best way to manage free money, is to use it in good ways like free education to every poor person, without paying, or give it to those who are less fortunate to use it to start their lifestyle for use this is what they need, not just the use of vain things.

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.

If you do not feel that you have the skills to trade cryptocurrencies you are not alone many people in the forum to not have the skills to do that and earn money through it, but that doesn't mean that you need to abandon the idea of making money with cryptocurrencies you can invest in some of the most important coins and then wait for a long time and make money that way.

I think personally, the better money you have it is invested to get its own benefits.

I think the best way when it comes to Crypto is to hold it, because you never know what it will become.

I invest in bitcoin instead of gold, bank deposits is not a investment at all. Mining is like a business, requires good busines plan and idea about the future. Property is no doubt one of the best investments. Bitcoin and Property and some altcoins for the long term like oax, aragon, augur and kin.

You cam also research properly on these besides my advice. Now,
1.Bank deposit: Your money will be protected from theft and fires. Plus, your money will be federally insured so if your bank closes, you will get your money back. However, you can only get little % of interest for whole month

2.Lendimg Cryptocurrency: First of all, be assured that you can’t lose your money as coins lent out can’t be withdrawn from the platform. They are used as margins for traders, and different platforms have their ways of protecting money loaned from being lost to the market. Agian,
Returns on investment are high as you can get up to 10% or more

3.Mining : This form of investment is highly capital intensive

4.Gold assets.: Gold has shown positive results even during the economic downturn and market volatility. It serves as the best hedge against inflation. Gold has seen strong asset appreciation in long-term and emerged as must have in one’s investment portfolio.

5 Property : As the property market is more stable than the other markets, investment property generates fixed returns to the investors.

6.Others includes, investment on ICOs - A token has a price immediately upon its sale, and that price floats freely in a global 24/7 market.
Finally,  i have mostly considered the advantages of this list, you have to carry out additional research to get the best options.

I think that 5 choices will do. Because you still need to invest your money to earn more. Invest in gold, property, in crypto world and make deposit tk your savings. Apply it all

I prefer to use it in your own ideas in business I mean small business that can make it profitable after a month of starting it. And also if you don't like to remove it in crypto you better to invest it in that case you can feel the world of crypto than putting it somewhere.

I prefer to use my money for a property business. Because the land / house will always have a higher selling price than when we buy it. Because we do not know how the future bitcoin, so I think it is still safer if we invest in the real world only.

Own assets that actually produce income. Mining is too competitive and not a good investment. Gold doesn't produce income, it just sort of hedges against inflation and at times experiences fairly wild volatility that represents a risk to capital preservation. Property represents a good income generating asset but is generally more difficult to deal with due to expense and time of transacting. Stocks are a good mix of income generating assets and ease of acquisition/liquidity.

i guess the choices above is not compatible for the free money because when we say ITS FREE it is not that large amount so it is better to save it as bank deposit .

The best way is on lending cryptocurrency because the growth of price of bitcoins is growing consistently today so it is better to invest a huge amount of money on bitcoins more than placing it on the banks because you will surely earn a huge amount of profit on cryptocurrency more than on banks.

Move beyond a savings account. Saving your money is smart—but taking it out of a savings account and placing it into an investment account is smarter. That's because if you leave your money in a savings account too long, you're actually losing money. It is ironic that these are called 'savings accounts' when your wealth actually shrinks in them yearly due to inflation.

I would suggest to invest my money on crypto or trade on crypto so that I can have huge profit and I can manage my own capital in trading. But first I need to be a good trader. Because trading needs to be in focus in order to create profit. Investing in crypto is also good if the market is  red it the best time to buy so buy and then wait for the price to rise up and sell.