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Topic: Where can I invest? - page 10. (Read 30735 times)

hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
October 20, 2015, 02:00:46 AM

I figured we were talking about being insured in the case of something happening on Coinbase's end. I don't know why ANYONE would think that ANY service would insure against you allowing YOURSELF to be compromised. There's no way the company has any control over your system and what you do, therefore how could they possibly insure you against user error?

I dont know they could investigate that you are honestly clumsy, or deliberately trying to defraud the insurer (via the company as a henchmen).

But yea doesnt seem plausible. They probably have insurance only against hackers or natural disasters.
legendary
Activity: 1988
Merit: 1007
October 18, 2015, 06:42:50 AM
Alot of sites scam now days you could try lend to trusted members

Yobit could be the best site to invest, for small people.

You even have it in your signature. It's just a good exchange that holds your money safely, while you can invest in very cheap yet profitable altcoins.

all exchange site doesnt guarantee our money is safe, they could be trusted for now but sooner or later we still dont know. remember what happened in MtGox?

Circle and Coinbase are insured. That means if the money is lost (i.e., MtGox) you lose nothing. MtGox was not insured.

for how much they are insured? like bank up to 100k? i'm sure that if they will be hacked big, they won't be able to cover every loss

so the problem still stand, better to save in your cold storage

They're not FDIC insured, they're insured by A+ third-parties. Meaning they aren't limited like banks are.

The bigger thing then how much is what they cover.  For example coinbase - https://support.coinbase.com/customer/portal/articles/1662379-how-is-coinbase-insured-

If you read it they are insured if a huge data breach.  But if say one single account is compromised due to owner being phished, etc.  Its not covered.

I figured we were talking about being insured in the case of something happening on Coinbase's end. I don't know why ANYONE would think that ANY service would insure against you allowing YOURSELF to be compromised. There's no way the company has any control over your system and what you do, therefore how could they possibly insure you against user error?
legendary
Activity: 3248
Merit: 1070
October 18, 2015, 06:33:26 AM
Alot of sites scam now days you could try lend to trusted members

Yobit could be the best site to invest, for small people.

You even have it in your signature. It's just a good exchange that holds your money safely, while you can invest in very cheap yet profitable altcoins.

all exchange site doesnt guarantee our money is safe, they could be trusted for now but sooner or later we still dont know. remember what happened in MtGox?

Circle and Coinbase are insured. That means if the money is lost (i.e., MtGox) you lose nothing. MtGox was not insured.

for how much they are insured? like bank up to 100k? i'm sure that if they will be hacked big, they won't be able to cover every loss

so the problem still stand, better to save in your cold storage

They're not FDIC insured, they're insured by A+ third-parties. Meaning they aren't limited like banks are.

what if bitcoin really skyrocket and meanwhile they lose a bing portion due to hacking? they said average value of bitcoin, does this eman that they can cover 10k-100k lost coisn in the case bitcoin reach 10k? i doubt

i'm expecting a new wave of hacking when bitcoin will achieve other crazy high pump
legendary
Activity: 1456
Merit: 1000
October 18, 2015, 05:14:37 AM
Alot of sites scam now days you could try lend to trusted members

Yobit could be the best site to invest, for small people.

You even have it in your signature. It's just a good exchange that holds your money safely, while you can invest in very cheap yet profitable altcoins.

all exchange site doesnt guarantee our money is safe, they could be trusted for now but sooner or later we still dont know. remember what happened in MtGox?

Circle and Coinbase are insured. That means if the money is lost (i.e., MtGox) you lose nothing. MtGox was not insured.

for how much they are insured? like bank up to 100k? i'm sure that if they will be hacked big, they won't be able to cover every loss

so the problem still stand, better to save in your cold storage

They're not FDIC insured, they're insured by A+ third-parties. Meaning they aren't limited like banks are.

The bigger thing then how much is what they cover.  For example coinbase - https://support.coinbase.com/customer/portal/articles/1662379-how-is-coinbase-insured-

If you read it they are insured if a huge data breach.  But if say one single account is compromised due to owner being phished, etc.  Its not covered.
legendary
Activity: 1988
Merit: 1007
October 18, 2015, 04:19:25 AM
Alot of sites scam now days you could try lend to trusted members

Yobit could be the best site to invest, for small people.

You even have it in your signature. It's just a good exchange that holds your money safely, while you can invest in very cheap yet profitable altcoins.

all exchange site doesnt guarantee our money is safe, they could be trusted for now but sooner or later we still dont know. remember what happened in MtGox?

Circle and Coinbase are insured. That means if the money is lost (i.e., MtGox) you lose nothing. MtGox was not insured.

for how much they are insured? like bank up to 100k? i'm sure that if they will be hacked big, they won't be able to cover every loss

so the problem still stand, better to save in your cold storage

They're not FDIC insured, they're insured by A+ third-parties. Meaning they aren't limited like banks are.
sr. member
Activity: 462
Merit: 250
October 18, 2015, 03:58:44 AM
Investing in real things is always better.
Invest into bitcoin rather then rushing into HYIP kind of programs which may wipe out all your hard earned money at once. So, slow and steady returns will make your investments to grow in time to time.

I don't get what you mean by "real things" Huh Can you elaborate it more and give a few examples? I somehow agree with you that it's better to invest on a slow one but a surely one. It does not apply to me though since I want quick profits and I'm kinda a risk taker so HYIP fits on me Cheesy I don't recommend it though Tongue
legendary
Activity: 1554
Merit: 1054
October 18, 2015, 03:40:03 AM
Investing in real things is always better.
Invest into bitcoin rather then rushing into HYIP kind of programs which may wipe out all your hard earned money at once. So, slow and steady returns will make your investments to grow in time to time.
legendary
Activity: 3248
Merit: 1070
October 18, 2015, 03:30:43 AM
Alot of sites scam now days you could try lend to trusted members

Yobit could be the best site to invest, for small people.

You even have it in your signature. It's just a good exchange that holds your money safely, while you can invest in very cheap yet profitable altcoins.

all exchange site doesnt guarantee our money is safe, they could be trusted for now but sooner or later we still dont know. remember what happened in MtGox?

Circle and Coinbase are insured. That means if the money is lost (i.e., MtGox) you lose nothing. MtGox was not insured.

for how much they are insured? like bank up to 100k? i'm sure that if they will be hacked big, they won't be able to cover every loss

so the problem still stand, better to save in your cold storage
legendary
Activity: 1988
Merit: 1007
October 18, 2015, 02:23:09 AM
Alot of sites scam now days you could try lend to trusted members

Yobit could be the best site to invest, for small people.

You even have it in your signature. It's just a good exchange that holds your money safely, while you can invest in very cheap yet profitable altcoins.

I don't like Yobit, they add any coin to their exchange site and a lot of them are scams which other exchanges don't even allow on their site.
besides the daily trade volume is extremely low so it is not a good place to trade, it can be pushed around easily.

Volatile exchanges make for great profit, so don't see the issue there. And you should never be trading coins you know nothing about, so they can add anything they want -- you should be looking into them yourself. I personally think YoBit is okay.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
October 18, 2015, 02:00:49 AM
Alot of sites scam now days you could try lend to trusted members

Yobit could be the best site to invest, for small people.

You even have it in your signature. It's just a good exchange that holds your money safely, while you can invest in very cheap yet profitable altcoins.

I don't like Yobit, they add any coin to their exchange site and a lot of them are scams which other exchanges don't even allow on their site.
besides the daily trade volume is extremely low so it is not a good place to trade, it can be pushed around easily.
legendary
Activity: 1988
Merit: 1007
October 18, 2015, 12:13:14 AM
Alot of sites scam now days you could try lend to trusted members

Yobit could be the best site to invest, for small people.

You even have it in your signature. It's just a good exchange that holds your money safely, while you can invest in very cheap yet profitable altcoins.

all exchange site doesnt guarantee our money is safe, they could be trusted for now but sooner or later we still dont know. remember what happened in MtGox?

Circle and Coinbase are insured. That means if the money is lost (i.e., MtGox) you lose nothing. MtGox was not insured.
hero member
Activity: 910
Merit: 1000
October 17, 2015, 11:53:58 PM
Alot of sites scam now days you could try lend to trusted members

Yobit could be the best site to invest, for small people.

You even have it in your signature. It's just a good exchange that holds your money safely, while you can invest in very cheap yet profitable altcoins.

all exchange site doesnt guarantee our money is safe, they could be trusted for now but sooner or later we still dont know. remember what happened in MtGox?
legendary
Activity: 1456
Merit: 1000
October 17, 2015, 11:04:43 PM
Alot of sites scam now days you could try lend to trusted members

Yobit could be the best site to invest, for small people.

You even have it in your signature. It's just a good exchange that holds your money safely, while you can invest in very cheap yet profitable altcoins.

Don't lend is my suggestion.   It is sad but a lot of people default from loans as they are not really regulated that well.  BTC Jam is kinda known as leaving lender as screwed.

If you loan they run off without paying BTC Jam gives you the other's persons info.... sometimes in other countries.  They do not help get investment back its all up to you.  So it is very hard if you have a default.

And one default could kill your profits.
hero member
Activity: 504
Merit: 512
October 17, 2015, 10:45:28 PM
Alot of sites scam now days you could try lend to trusted members

Yobit could be the best site to invest, for small people.

You even have it in your signature. It's just a good exchange that holds your money safely, while you can invest in very cheap yet profitable altcoins.
legendary
Activity: 1988
Merit: 1007
October 17, 2015, 02:33:19 PM
Just by and hold coins and sell after price rises and you can lend coins for profit but must lend with proper collaterals only.

Yes. Buying bitcoin would be the best available investment for our generations. Bitcoin will raise in value over time, so buying bitcoin for investment purpose will make you richer. Do not ask where to invest bitcoin. Because bitcoin itself an investment.

So you know more than any of the large-name investors, huh? What's your net worth?
legendary
Activity: 1554
Merit: 1054
October 17, 2015, 11:16:03 AM
Just by and hold coins and sell after price rises and you can lend coins for profit but must lend with proper collaterals only.

Yes. Buying bitcoin would be the best available investment for our generations. Bitcoin will raise in value over time, so buying bitcoin for investment purpose will make you richer. Do not ask where to invest bitcoin. Because bitcoin itself an investment.

Yes many people do ask like where I can invest my idle Gold, so that my gold will work for me or grow over time. Never forget Gold itself a investment. Similarly bitcoin. Both gold and bitcoin will not grow if you leave them idle but will fetch you more money on value appreciations.
full member
Activity: 140
Merit: 100
October 17, 2015, 11:14:53 AM
Alot of sites scam now days you could try lend to trusted members
legendary
Activity: 1652
Merit: 1057
October 17, 2015, 11:13:01 AM
Just by and hold coins and sell after price rises and you can lend coins for profit but must lend with proper collaterals only.

Yes. Buying bitcoin would be the best available investment for our generations. Bitcoin will raise in value over time, so buying bitcoin for investment purpose will make you richer. Do not ask where to invest bitcoin. Because bitcoin itself an investment.
legendary
Activity: 1456
Merit: 1023
October 17, 2015, 10:59:45 AM
Just by and hold coins and sell after price rises and you can lend coins for profit but must lend with proper collaterals only.
legendary
Activity: 1554
Merit: 1054
October 17, 2015, 10:08:42 AM
you could try investing into some alt coins that has potential to rise in the future
also gambling is another option if you dont want alt coins


which alt coins do you suggest?

im kinda worried cause they can drop at any given time.. what are you currently doing? as for the gambling comment, I dont think thats a good choice. I think the alt coin route seems to have better chances no?

this is a question that you should avoid asking :/

because nobody is going to tell you the truth and show you a good altcoin to invest in. go to the altcoin section, and check out the market and price changes at http://coinmarketcap.com/ with charts and history.
you should find a good one on your own.

This guy is 100% correct. Alts are well-known for being manipulated. If someone tells you to buy in to one, it's just as likely to be a P&D scheme (where they're hoping to unload on you) as it is a legitimate opportunity.

Even alt coins are known for manipulated still we can make good sum of returns by investing into alt coins. From my personal experience I have made many good trades with alt coins but we need some criteria to choose near peaking coins to trade with.
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