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Topic: Where would you invest if you had 40$/day ? - page 4. (Read 28696 times)

full member
Activity: 182
Merit: 100
Since its such a small amount i would try to trade or might as well just keep it since you're already making 40 a day! Lol
hero member
Activity: 2184
Merit: 798
Top Crypto Casino
For 40$/a day you could probably invest in many altcoins without having to worry much about losing too much. You will always have a steady income and if you invest cautiously, you can make a good amount of money. Plus if you lose 40$, it won't mean too much to you because you'll make that back the next day.

Investing in many altcoins just lead to losses. If you only see 2 or 3 coins that have potential at the moment, then why would you invest in many altcoins? It would be much better if you invest a lot of money on those 2-3 coins rather investing small dividends of your total money into different altcoins. When you have invested in too many altcoins, even when one of them gave you profit, it will be cancelled out by the ones that gave you losses.

Although you can make another $40 the next day, you shouldn't be so carefree about investing. Money is still money and you're not going to live forever. If you carry on the "nevermind, I'll make another $40 tomorrow anyway", it will never change and you will continuously lose money.


I clearly understand your point. From what I know, The Prices for goods and services (Not limiting to just Bitcoin or Altcoins) are highly unpredictable. There's no business that is always lucrative. Whether You're running an online shop, Or Selling physical goods in your locality, There's bound to be loses in business. The same goes for altcoins trading. While You were making your point, You failed to acknowledge the fact that there's a possibility to make money (possibly a lot of profits) from trading altcoins.


Don't be one-sided.
legendary
Activity: 1008
Merit: 1060
For 40$/a day you could probably invest in many altcoins without having to worry much about losing too much. You will always have a steady income and if you invest cautiously, you can make a good amount of money. Plus if you lose 40$, it won't mean too much to you because you'll make that back the next day.

Investing in many altcoins just lead to losses. If you only see 2 or 3 coins that have potential at the moment, then why would you invest in many altcoins? It would be much better if you invest a lot of money on those 2-3 coins rather investing small dividends of your total money into different altcoins. When you have invested in too many altcoins, even when one of them gave you profit, it will be cancelled out by the ones that gave you losses.

Although you can make another $40 the next day, you shouldn't be so carefree about investing. Money is still money and you're not going to live forever. If you carry on the "nevermind, I'll make another $40 tomorrow anyway", it will never change and you will continuously lose money.
hero member
Activity: 3024
Merit: 680
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I would simply store some and increase my Bitcoin storage and rest invest in bank with a recurring deposit


Yeah the same thing with what I'm planning. I made up my mind if I have this good amount for a day. I'll keep on exchanging it with bitcoin and save some for myself in the future. And while waiting for the price of bitcoin for sure that's the best thing to do now because we can see that the price is increasing your $40 can be valued even higher if you'll store it to bitcoin.
hero member
Activity: 728
Merit: 501
CryptoTalk.Org - Get Paid for every Post!
For 40$/a day you could probably invest in many altcoins without having to worry much about losing too much. You will always have a steady income and if you invest cautiously, you can make a good amount of money. Plus if you lose 40$, it won't mean too much to you because you'll make that back the next day.

Yeah. I believe it is the safest investment in terms of Bitcoin. (though it is still risky). So, if you are earning $40 a day. That is a great capital to start trading with Altcoins. We all know that trading Altcoins will generate huge profit if you did the right decision. Just have to research and be cautiously in selecting what coin to be traded. And beware to those scam coins scattered everywhere. (friendly advice)
legendary
Activity: 1414
Merit: 1039
For 40$/a day you could probably invest in many altcoins without having to worry much about losing too much. You will always have a steady income and if you invest cautiously, you can make a good amount of money. Plus if you lose 40$, it won't mean too much to you because you'll make that back the next day.
hero member
Activity: 882
Merit: 506
If I get $ 40 / day choose to invest for Bitcoin, because the current market presents some very favorable conditions possible with investment Bitcoin would be more profitable and not much time to it The second I would also lease mining rig, because it's been my dream

I'll probably do this too. Bitcoins have doubled each year and I think it will happen again this year. It's quite a possible even that the prices could even triple this year as the news about it's adoption is really popping up everywhere. If you invest $40 a day, you get to buy a lot and in the end you'll profit more if the prices really pushes up.

Investing in bitcoin for long term is a good choice but going for buying a mining rig to mine bitcoin is not a good choice as for mining you need lot of mining rig and most important is electricity expenses as most miners are in loss due to electricity expenses. So it is good choice to buy bitcoin and if you know trading then you can do that other then that going for mining is not a good choice at present situation.

That's strange, where did I ever say that I recommended OP to mine? Anyway, since you got to this topic, I would suggest also not to mine with just this much capital. It's not worth it, you'll just end up in losses if you try to mine yourself. Even if you do cloudmine, there is really a great chance of getting scammed or if you do get to buy from a legitimate cloudmining operation it will not ROI within a year for sure.
legendary
Activity: 1190
Merit: 1002
If I get $ 40 / day choose to invest for Bitcoin, because the current market presents some very favorable conditions possible with investment Bitcoin would be more profitable and not much time to it The second I would also lease mining rig, because it's been my dream

I'll probably do this too. Bitcoins have doubled each year and I think it will happen again this year. It's quite a possible even that the prices could even triple this year as the news about it's adoption is really popping up everywhere. If you invest $40 a day, you get to buy a lot and in the end you'll profit more if the prices really pushes up.

Investing in bitcoin for long term is a good choice but going for buying a mining rig to mine bitcoin is not a good choice as for mining you need lot of mining rig and most important is electricity expenses as most miners are in loss due to electricity expenses. So it is good choice to buy bitcoin and if you know trading then you can do that other then that going for mining is not a good choice at present situation.
newbie
Activity: 14
Merit: 0
it is a remarkable thing. if I have accrued it. I would invest my money to create a business in the real world. other than that I was also going to invest in the trading world. I want two jobs so I would get backup income. everybody wants more revenue every day.

You're absolutely right, if getting something that gives us a very big money is definitely the first thing I think about and most people think of is to make the Fund more and provide better profits again. And one way to it is the investment or business, because only by investing and bisnislah which gives the advantage of the best (if you have the right thinking). But in addition to providing business, investment and profits also could make a loss, depending on how we do it
hero member
Activity: 882
Merit: 506
If I get $ 40 / day choose to invest for Bitcoin, because the current market presents some very favorable conditions possible with investment Bitcoin would be more profitable and not much time to it The second I would also lease mining rig, because it's been my dream

I'll probably do this too. Bitcoins have doubled each year and I think it will happen again this year. It's quite a possible even that the prices could even triple this year as the news about it's adoption is really popping up everywhere. If you invest $40 a day, you get to buy a lot and in the end you'll profit more if the prices really pushes up.
newbie
Activity: 56
Merit: 0
If I get $ 40 / day choose to invest for Bitcoin, because the current market presents some very favorable conditions possible with investment Bitcoin would be more profitable and not much time to it The second I would also lease mining rig, because it's been my dream
hero member
Activity: 588
Merit: 500
February 25, 2017, 07:12:45 AM
If you are earning 40$ per day then why not try to start a lending service?

where youre lending youre bitcoin
bitfinex, BTCjam, or poloniex, if poloniex and bitfinex is low return, and where lending service is good return
and bitfinex still good service or not
hero member
Activity: 713
Merit: 501
February 25, 2017, 06:44:01 AM
If you are earning 40$ per day then why not try to start a lending service?

Lending service is a very risky thing to do. There are some that would give you a valid collateral, but upon checking, the collateral actually has hidden defects. And a lot of people are asking for a loan and would just default because they didn't care about their collateral. Their intention right from the start was to get rid of that item or to sell that item.

You'll see lenders in here are very picky on whom they give loans to.
newbie
Activity: 19
Merit: 0
February 25, 2017, 12:00:26 AM
I would just hold the whole sum in bitcoins because it's the most profitable tool compared with others including real estate, shares, gold and so on. Maybe in short period I would buy some alts
newbie
Activity: 24
Merit: 0
February 24, 2017, 08:04:01 PM
If you are earning 40$ per day then why not try to start a lending service?
legendary
Activity: 1414
Merit: 1002
= jasad =
February 24, 2017, 07:33:23 PM
Imagine you had a daily income of 40$ each day in bitcoin, what would do with them and where would you invest them ?
Well i will definitely invest it in a legit investment site. I will invest it to trade altcoin, i dont want to put my 40$ income in a risk situation like investing on ponzi/hyip or cloud mining.
yepp i will choose to invest on altcoin and hold it for long time enough ,
currently i am down profit because of how deep and get deeper dogecoin price it is ,
i bought dogecoin worth $500 on 30 satoshi and now the price on 18 satoshi ,
almost lost half of my initial capital , but when you look for the future , dogecoin can raise up to 100 satoshi!
hero member
Activity: 756
Merit: 500
February 24, 2017, 07:06:05 PM
Currently i would invest those ammount at raiblocks, since its an old coin and developer is back working on it to let the coin reach at once exchanges, the concept its amazing, proof or real human work, to earn this you must do captcha service, i would invest here.

I am less sure if raiblock have growth rates or profits in the future. Because RB does not yet have the possibility for that and still lost by a couple of coin which is now still in a stage of crowdsale, such as trust or edgless, So, it would be better to follow among the coin because I have the confidence that both will give you a better advantage to us. But if you want to get a better investment of cryptocurrency, it is better to use the bitcoin so far beneficial
hero member
Activity: 1008
Merit: 500
February 15, 2017, 09:52:48 AM
Imagine you had a daily income of 40$ each day in bitcoin, what would do with them and where would you invest them ?
Well i will definitely invest it in a legit investment site. I will invest it to trade altcoin, i dont want to put my 40$ income in a risk situation like investing on ponzi/hyip or cloud mining.
legendary
Activity: 1008
Merit: 1010
CryptoTalk.Org - Get Paid for every Post!
February 15, 2017, 09:38:54 AM
Imagine you had a daily income of 40$ each day in bitcoin, what would do with them and where would you invest them ?

I wouldn't invest them anywhere, as most of the time imvesting is risky, many gambling or loaning or other sites can simply scam you. What i would do is to keep this money in different wqllets and just save them, i would try to trade other currencies with that money to earn, but if it won't work well i would keep saving them
legendary
Activity: 2562
Merit: 1441
February 14, 2017, 10:26:23 PM
But again, with 40$ a day, there would be much better investments than that. Research what your area actually needs. You don't want to buy a 3D printer and have it rented by other people, but end up selling it the next month because you just found out that most people in your place either don't need one or already one. Grin
Well if you can make awesome things with that 3d printer then you invest your money there. If you can sell things made from it, then that would be really great. However this is really hard to do as 3d printers are made for small project and not really for purposes of mass producing goods.

3d printers are ok for mass producing small objects. Pendants, earrings, figurines, keychains. Anything small might work ok. One problem with 3d printers is the larger the object printed the more wasteful and expensive production costs & inefficiencies rise. Most mass produced objects are hollow and use as small an amount of material as necessary. 3d printers are the opposite in terms of using as much material as possible to build a solid structure, which inflates costs. This makes 3d printed objects much more expensive than the same item created in a mold. But that issue can be mitigated to a degree if only small objects are printed to reduce overhead costs.

Most small businesses don't do massive amounts of sale volume to where better methods of mass production would be necessary. a 3d printer could conceivably be used to start a small business. But for it to work, they might need to focus on producing only items that are small to keep production costs down. Also others owning 3d printers in the same neighborhood doesn't necessarily count as competition. The natural markets for 3d printed items could be ebay, etsy stores -- internet based markets rather than localized ones.

That said, I've never tried running a business based on 3d printers. There could be many pros and cons I'm not aware of. It just seemed like an idea that might be worth pursuing so I threw it out there. It nothing else I hope it makes for interesting talks.
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