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Topic: What to do with one full bitcoin? - page 5. (Read 4508 times)

legendary
Activity: 1456
Merit: 1000
September 03, 2014, 01:37:54 AM
#14
Either invest or hold.  Holding is not a bad idea.  It is a little low right now.
sr. member
Activity: 291
Merit: 250
September 03, 2014, 01:24:14 AM
#13
Provide as collateral to margin lending ops like on bitfinex
Btcjam maybe selectively on collateralised stuff
hero member
Activity: 784
Merit: 500
September 03, 2014, 01:17:11 AM
#12
I heard that Hashlet from GAW miners are really good options nowadays. It is not that expensive, you don't have to invest much in it. Just test the waters if this is profitable enough and see if you want to continue.

The price has went up a lot, not worth it anymore.
legendary
Activity: 1862
Merit: 1004
September 03, 2014, 12:22:01 AM
#11
I heard that Hashlet from GAW miners are really good options nowadays. It is not that expensive, you don't have to invest much in it. Just test the waters if this is profitable enough and see if you want to continue.
hero member
Activity: 868
Merit: 1000
September 03, 2014, 12:17:26 AM
#10
Try CEX.io.

And if you're going to try, PM me, I can guide you.



The hashrate price on cex is way too high to be profitable (0.0038 btc per GH/s) and the maintenance fee at $0.18 a month makes it even worse.
You are almost guaranteed to get some loss mining there, unless you are good at trading the GHS market.
legendary
Activity: 1120
Merit: 1000
September 02, 2014, 08:21:40 PM
#9
Anyone can hold any kind of money, fiat or crypto one. It won`t require any inteligence(even dogs can hold stuff), but I think no one would call it investing.

Options:

Trade. Risks: lose money by sell low and buy high, gox events, account hacked.
Invest in the bank of some well kown gambling site. Risk deppends on site.
Trade digital goods and stuff. Risk is you screw up with your business and don't have profit or you being scammed
Buy sites and stuff like that. Risk is your site or service don't have enough profit and you end with less bitcoin.
 
hero member
Activity: 798
Merit: 1000
LIR Dev. www.letitride.io
September 02, 2014, 08:05:57 PM
#8
Probably safest just to hold your btc for now.

There is potential to make a decent profit by investing in alt currencies but it's very risky and unless you know what you're doing probably wise to not bother.
hero member
Activity: 504
Merit: 500
sucker got hacked and screwed --Toad
September 02, 2014, 07:57:36 PM
#7
Try CEX.io.

And if you're going to try, PM me, I can guide you.

hero member
Activity: 625
Merit: 500
September 02, 2014, 07:37:02 PM
#6
I wouldn't invest in any cryptostock or gambling sites. May be find a trust worthy exchange and do a bit of trading? Trading with 1 btc would get you anywhere though. So, the safe way is just to leave them in a paper wallet.  Undecided

Investing in trusted gambling sites can actually pay off. But only if you actually do invest in the bankroll. Gambling there is dangerous - like all gambling is. Sites like PrimeDice are legit and provably fair, though!

Very true, but with JD shut down and PD still not accepting investment, the only places left are DiceBitcoin, Dice.Ninja and PRC Dice...
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
September 02, 2014, 04:20:58 PM
#5
I wouldn't invest in any cryptostock or gambling sites. May be find a trust worthy exchange and do a bit of trading? Trading with 1 btc would get you anywhere though. So, the safe way is just to leave them in a paper wallet.  Undecided

Investing in trusted gambling sites can actually pay off. But only if you actually do invest in the bankroll. Gambling there is dangerous - like all gambling is. Sites like PrimeDice are legit and provably fair, though!
hero member
Activity: 672
Merit: 500
September 02, 2014, 03:52:59 PM
#4
I wouldn't invest in any cryptostock or gambling sites. May be find a trust worthy exchange and do a bit of trading? Trading with 1 btc would get you anywhere though. So, the safe way is just to leave them in a paper wallet.  Undecided
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
September 02, 2014, 03:44:40 PM
#3
Yeah, I'd be very careful to invest in BTC-denominated stocks. There are very few stocks that currently trade above IPO price (I can actually only think of one - ASICMiner). The safest way (if you can call that safe) is to keep the BTC safe in a paper wallet and wait for it to appreciate in value!
hero member
Activity: 504
Merit: 500
September 02, 2014, 03:25:44 PM
#2
I have one full bitcoin. What form of investment would be available for this amount and what are the risks involve?

I'd be weary of BTC-denominated investments. The lending forum is full of scammers. Casinos and other investment opportunities can be very fly-by-night. I prefer to hold onto my BTC when not hedging by holding USD to buy back lower.
member
Activity: 70
Merit: 10
September 02, 2014, 03:19:35 PM
#1
I have one full bitcoin. What form of investment would be available for this amount and what are the risks involve?
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