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Topic: The best way to manage free money - page 19. (Read 1995 times)

sr. member
Activity: 1372
Merit: 348
March 26, 2018, 02:47:35 PM
#47
Take buy 2 or 3 Btc and stay on HODL it for 2-3 years later, you will happy for invest of it. Starting Lending business is good ones option, but you need to understand about knowledge of volatile market of crypto coins, from what i seen by some lending service here, they are using altcoin as collateral.
I think there are still many fiat pairs in cryptocurrency. what about ETH and other altcoin? do you have a recommendation for free money other than btc?  Smiley

Why not just buy and hold crypto? BTC and ETH do go up in time, you can just deposit them in your wallet and forget about them. I'm not sure about loaning out crypto. Loaning cash is hard enough, I can just imagine how much trouble it is for BTC and the likes.

Can't say much about gold but if you have enough money to buy land then that might be a good place to invest. Land in general do not depreciate.

besides not depreciating, property must wait for sale. if the location is not strategic or marketing is not good then the odds of selling will be very small. it becomes a very long investment. maybe we should really learn carefully about the world of property. Grin
copper member
Activity: 882
Merit: 110
March 26, 2018, 02:39:43 PM
#46
Try entering food industry. Since everyone needs something to eat to live. This kind of business will never get bankrupt as long as you maintain quality in your foods. But it needs a lot of work, nonetheless it is profitable in long term.
full member
Activity: 378
Merit: 100
March 26, 2018, 02:28:26 PM
#45
Take buy 2 or 3 Btc and stay on HODL it for 2-3 years later, you will happy for invest of it. Starting Lending business is good ones option, but you need to understand about knowledge of volatile market of crypto coins, from what i seen by some lending service here, they are using altcoin as collateral.
hero member
Activity: 1764
Merit: 584
March 26, 2018, 02:04:27 PM
#44
Why not just buy and hold crypto? BTC and ETH do go up in time, you can just deposit them in your wallet and forget about them. I'm not sure about loaning out crypto. Loaning cash is hard enough, I can just imagine how much trouble it is for BTC and the likes.

Can't say much about gold but if you have enough money to buy land then that might be a good place to invest. Land in general do not depreciate.
full member
Activity: 590
Merit: 116
March 26, 2018, 12:05:55 PM
#43
Aside from no.2 i recommend to invest in some real state and stockmarket, in real state prices of lands never goes down so it is a safe investment and in stockmarket although it is hard to trade in stockmakret you can try mutual funds or just buy the blue chip for safety and the lending crypto is a really good investment for me.
this is too complicated for me, too much to learn, and seems like a lot of rules I need to understand, honestly I am blind about stockmarket. but thanks, this is good advice.


Never waste your money by keeping then in bank deposits because money will lose value time by time so you are actually losing the value of money if you keep them in banks.
Lending and Mining the crypto currencies will give stable and assured income in the form of crypto currencies but the profits will be based on the value of crypto at the time and the capital investment.
Gold asset and property is a good storage of value and will give definite profits in long term.
I assume that you agree with gold and lending cryptocurrency, I am learning about this, especially lending cryptocurrency. if gold I do not need to learn too much, because the price is definitely on the market, and automatically we can already measure the risk. I'm studying the lending in some markets and sites, hoping to get more feedback on the benefits and risks, as well as how to play. Thank you for the advice.



So you have 3 options which are not related to the crypto currency and you want to save your money that way. If it is not growing of you money then I would say that it is good decision to have your bitcoin or crypto currencies to be converted back into the fiat or Real world assets. I mean that will keep the value of your "free money" as it is and it wont grow or it wont reduce over the time.
Gold seem to me nice option for you as it is precious and have very very stable as compared to others. Lending crypto currency is okay if you want to invest it for the purpose of getting back more money but isn't very easy to lend. So think twice.

I agree with your statement "Lending crypto currency is okay if you want to invest it for the purpose of getting back more money but isn't very easy to lend. So think twice." Your comments will be my reminder, so I am more careful. now I'm reading references about lending. and hope to get more feedback. Thanks bro.
full member
Activity: 590
Merit: 116
March 26, 2018, 11:39:07 AM
#42
I don't know whether you have heard about mutual fund schemes provided by the Asset Management Companies. They invest a part of your income in equity and the other part in debt and give you returns almost equal to 20-30%. I suggest you check out with a local agent about the mutual fund policies available in your area. They are also regulated by government and hence you will have that trust factor.
There is just one advisory though, that mutual fund policies are subject to market risks and you can also lose money if luck doesn't favor you.

I've heard this, and read some references, it seems legit. thanks for the references, I will learn more deeply.

1. bank deposits
It's brilliant. You can keep your own money safely on bank deposits. Why? Because we don't know the cryptocurrency will exist. so for the better, we must have safe investment.
In real, I do this, bank deposits. Example: I have $1,000,000.- so I make a deposit with $400.000. I earn 6% each 1 month

see the name of your account, I assume you are Indonesian. I am Indonesian too, I am live in Jogjakarta, reading your comments, I immediately tried to find reference interest rates banks in Indonesia,



looking at the table, Bank Tabungan Negara seems to be providing interest on a monthly deposit of 5.8%. this is the highest compared to other banks in Indonesia, this can be a good passive income and safe for me. thanks for the references, I will still look for and learn other opportunities.

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2. Lending cryptocurrency
Perfect Shoot...  Grin
I love this investment, other than safe this investment is really secure. But you must be doing research because this investment is really difficult and hard to come by.
Just my a little secret, I have Investment at this point, I did investment on MNX (Minexcoin). I park/lending my MNX coin on minexbank. I earn $2000 for 1-month park MNX coin. and other deviden in COSS, BTC on Poloniex, and WAVES. I have been doing Park MNX coin in minexbank for 3 months.
wow.... amazing, I am still afraid of the risk of a very high price movement, but I am interested, if you do not mind, I will learn from you about this, in private. for investment in ICO, seems too sweet, fortunately too big, this is very frightening to me, I believe that profit is directly proportional to risk.

Quote
This is my advice, is for informational purposes only. The information does not constitute investment advice or an offer to invest. Doing research before you Investing money.
thank you for the information and advice, this is very meaningful to me.
newbie
Activity: 447
Merit: 0
March 26, 2018, 08:02:43 AM
#41
If you have much money, invest on property.Population is increasing and property is more and more valuable.
sr. member
Activity: 1624
Merit: 250
March 26, 2018, 07:14:50 AM
#40
For this moment, if we look at the situation, the best way is to buy Ethereum with cash money, because all of market is going dip. If your have Bitcoin or Ethereum, it's not time to sell it, because, i'm sure you got it from a minimum 800$. If you sell it from 500$, you lose 300-400$, however, you can get 1 Ethereum worth the money you lost. 
hero member
Activity: 1862
Merit: 830
March 26, 2018, 06:27:59 AM
#39
Best way to manage free money is hands down for sure investment.Now what kind of investment one needs to chose vary from personal needs and affordability.
For someone who have a huge pile of extra money, they can certainly think of investin in some ongoing business, alongside in bitcoins or rather cryptocurrency aswell, and may be properties too.

Simply depositing extra money in bank, which is a safe place no doubt, but is not a very fruitfull way of utilising the money. Having it invested somehwere puts that money into work and helps earn more money out of it. Thats a good thing to do rather then just keeping it in bank.

Cryptocurrencies are certainly flourishing these days. One can definetely try their luck and invest here aswell. Its a good option to make profit in a quicker way than the long term investment schemes.
full member
Activity: 364
Merit: 107
March 26, 2018, 06:21:44 AM
#38
How much is that free money. If it is a large amount then buy a property and build an apartment building. You do not need to work for your entire life.

Now if its a moderate amount buy assets like gold, blue chips stocks and stable coins like bitcoin,ethereum etc.

If it is just a small amount just buy an insurance that has an option to invest in stocks or bonds.
newbie
Activity: 106
Merit: 0
March 26, 2018, 06:20:56 AM
#37
You can do campaign. It is not related with trading. But you can get bitcoin as well as other coins. You have to work here at any time. But this type of work is so boring. But for free money this is best.
sr. member
Activity: 719
Merit: 250
March 26, 2018, 06:17:50 AM
#36
Bank deposits is good but the interest returns is not big as you expected.Landing cryptocurrency is very in demand now and lots of positive feedback.Mining,haven't tried it.Gold assets and property is good options also..
Better try investing in bitcoin for it is very profitable now.Try it not all your free money just a portion.If it turns ok just continue as long you can handle it wisely and securely.

For me I dont consider for bank deposits since the return of profit is low of percent. I would consider cryptocurrency investment , land property as every year price had an increment value. Yes actually it depends on us on how we manage our investment that may grow your money.
member
Activity: 224
Merit: 19
March 26, 2018, 06:09:10 AM
#35
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.


Investing is not tricky it is very simole you just need to determine your risk appetite.

I will not recommend but i will inform you what are the risk and reward of each that you mentioned.i have all except mining and lending crypto.

Bank deposits is the safest almost no risk involve. Depending on you country you might be insured in case the bank closes. So there is a very small chance close to none that you will lose your money but what will you get i  return in my country it is 1% per annum which is if you invest 100k you will just get one hundred.

 Lending crypto as far as i k ow it is safe you are going to loan your crypto to an exchange and you will be given some percentage but there are a lot of people on this market i am not familiar what are the rates but i think it is still safe.

Mining will depend on your country some will be profitable some countries are not. Also you need to consider the maintenance of the hardware. I forgot the link prbably you may google it and search the bitcoin mining cost per country.

Gold is also safe. This investment has been around for decades and we just see the price rising each year. If you are not willing to risk your money and want to earn a decent amount this is a popular choice.

Same with gold property is usually a great investment problem is you need a huge capital for this investment.

For the other ideas buy some bitcoin and other crypto yes it is volatile and quite risky but the rewards are worth it.
full member
Activity: 760
Merit: 109
PredX - AI-Powered Prediction Market
March 26, 2018, 05:20:09 AM
#34
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.


Bank Deposite is not so profitable. You can investment your money with cryto. But if you can mining Crypto currency like btc,eth, ltc etc then it would be the best option as to my opinion...
full member
Activity: 644
Merit: 107
March 26, 2018, 05:49:54 AM
#34
Start with bank deposit your money will grow small amounts but steadiness, if you have more fund then invest on Altcoins and bitcoin (landing cryptocurrency), if you earn from it then start purchasing property. One step at a time.

I agree with your statement, if we get along with bank and cryptocurrency we will be able to grow the money in planting. this looks like a good suggestion to do right now. use the funds you have in the right place, so you do not eat losses.
hero member
Activity: 826
Merit: 518
March 26, 2018, 05:03:15 AM
#33
Whether you can select real estate to invest on which can give you assured profits in long term and it is the most traditional way of investing our savings.Or you can go to the new technolgy and invest on it and Mining can be an option and the profits will be more in crypto investments than other kind of investments.
sr. member
Activity: 504
Merit: 252
March 26, 2018, 04:59:42 AM
#32
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.


If you cannot actively pursue a life of a crypto trader, then you may choose to just invest in cryptos. This is much more profitable as compared to bank deposits. Needless to say, remove bank deposits from your list. Lending cryptocurrency is a new trend. This may be good but with high risks. So please be very cautious in entering the same. Mining is much better. You may start with a few rigs before jumping into a bigger mining farm. Gold assets are stable but not appreciating in value fast enough as compared to crypto. Properties, especially real estate, has always been a good investment.  
member
Activity: 145
Merit: 10
March 26, 2018, 04:56:34 AM
#31
Bank deposits is good but the interest returns is not big as you expected.Landing cryptocurrency is very in demand now and lots of positive feedback.Mining,haven't tried it.Gold assets and property is good options also..
Better try investing in bitcoin for it is very profitable now.Try it not all your free money just a portion.If it turns ok just continue as long you can handle it wisely and securely.
hero member
Activity: 742
Merit: 503
March 26, 2018, 04:52:34 AM
#30
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.



1. bank deposits - will earn you not much like 4-6% per yet that is nothing because inflation per year will eat them all.
2. Lending cryptocurrency - never invest in shit like that that is fully scams and u will loss all u money !
3. Mining - nice one but u need prepare to wait about 1-2 year to full money back - also u will get a lot of problems like cards problem pay to electro - manage all pc and etc.
4. Gold assets - gold always rising u could invest 10-20% of u money there.
5. Property - nice one too i recommend invest in land with new view it will rise in price every 2-3 year.
member
Activity: 770
Merit: 12
Trphy.io
March 26, 2018, 04:08:11 AM
#29
i prefer devide become 2 part. part 1 i will invesment at property because we knows if property businness certainly good invesment. and at second part i will invest at cryptocurrency because my capital from this business  
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