Topic: Where would you invest if you had 40$/day ? - page 9. (Read 28696 times)

Indeed it is big outcome after one month, I think it would make sense if we save it for 3 months then look for new venture or setup a business start up.  It is also a good sum to start trading. May it be Forex or cryptocurrency trading.  Just make sure you have studied trading for that period of 3 months if you are into trading.

with a monthly outcome of (1200$), 40$ as said "on daily bases" would be huge, to start investing or you put it into trading. On both sides there are always difficulties and challenges in the two, but that of trading as an or a good entrepreneur will give a more stand to know what business to start than investing it already, what I am saying depends on the product to be sold and the country per say.

There are some other ways that you can grow you 40$ per day like bitcoin investment, gambling, trading bitcoin, trading altcoin, revenue shares, every where there is risk involved you need to choose you favorite one and which one is familiar for you can invest there.

I will do the same, if i had that money i will use it to trade buy altcoins but ill be careful because it is also risky. then i will try to hold some in my btc wallet and wait for the price high.

These are good plans and theoretically makes everyone excite but when trying to implement in real life not so that easy. I was never successful in finding a long sustaining investment opportunities for my bitcoins. Why not we just add $40 into bitcoins  and simply hold them. I guess that must be a best idea to have peace of mind along with good investments.

Stock market with that much money?hardly you will get profit.its better to stick with trading or investment if you got patience.

It depends on how you are going to be that type of person when it comes to gambling. But the mere fact that many people are not productive with it and that's a good choice that you are going to use that amount with trading of alt coins and as well as USD to bitcoin. Actually, there are a lot of ways that you can profit with that good amount of capital. I will join the stock market with that money.

I will try to earn at least 200$ from it then i will start trading with USD to BTC and other altcoins.
It's better than gambling because in it you will loose your money in a moment

I do not agree, I think if you want to be more successful better do something that could make more money. don't worry about it because if you can get $40/day. I will be doing trading and some investment really profitable as in project altcoin.

If those pro's are going to be scammed then they are not worthy to be called as pros. But there are people who are actually always having that feeling.

Feeling that they are going to get scammed and doesn't want to invest. And yes, since we into bitcoins where saving is on double purpose.

This is going to be the best choice for those people who are not sure in investing.

No matter how hard someone tries, but if they are not quite old in this world they wont be able to recognize a scam attack. Even the pros gets scammed sometimes because of some complications in the services that makes you think like the service is legit but at the end they run away. So saving is better i guess.

In my opinion your options could give only a tiny returns and risk is much higher than possible profits. Having 40 USD per day the best choice is to learn trading techniques and earn money this way. The risk would be similar to lending your BTC but returns coul be much higher.

I agree with you but I wouldn't necessarily keep them in my wallet because I'm scared of getting scammed but I will keep them because of the potential of bitcoins ; its value will grow and I will earn more fiat for them and I will be able to buy things relatively cheap from online shops that accept bitcoins as a mode of payment.

If you are scared about being scammed, there are a lot of ways to identify what are the legit ones and what are those scamming ones.

Don't believe in those not too be good interest rates return of a site that is promising to its investors and if they are implementing you just to invest and no effort at all.

And if you want to hold it for a longer time, that is much better to safe.

If I have that $40 a day, I will rather keep it on my bitcoin wallet because for sure it will grow and I am not much into investment because I am afraid to scammed even there were good feedbacks.

Yes that's a good strategy for investing since bitcoin can be bought in portion then you are just like investing that amount with bitcoin. And a couple of weeks you can already get some good profit from it depending on how you are going to be patient with those bitcoins that you had bought. You can sell them anything if you are already seeing profit.

If I had that funds I would invest them in buying Bitcoins, but not the whole amount. Smaller part I would save each month. Also, the Bitcoins I bought I would also try to invest so not just to sit idle and the profit I make I would add to the remaining part of savings. With the time this saving part should increase to decent amount.

You're right. It's better to save some part of the daily revenue and not to gamble them away. Although Saving can be a bit frustrating, Having a predefined percentage could help. Like you keep $5 out of the daily $40. It'll help in the long run

Saving is always a good idea. If you are earning 40$/day in bitcoin and you are saving them for about one month then you will have more than 1 bitcoin in your wallet and later on when the price goes high you will earn great profits with that. Though you can do investments as well in trading or other things.

There is another investment option, although I never made money at it, never lost much either, are moneypot sites.  Moneypot itself is one, but there are others.  Imagine you are ready to open a gambling site, but lack the capital to back large client bets.  You know that any casino site slowly makes revenue, but a large bet could kill you.  Moneypot allows others to pool their funds into a large pot that backs gambling sites.  You deposit X BTC or other coins and your deposit combines with others to back the casino.  Moneypot, the site, does nothing but back sites, without true casino games of their own.  Other sites use your funds for only their site.  

I never put in more than half a bitcoin and saw a very small return, sometimes a tiny loss. Most of these sites give you the option to margin your deposit as a larger investment, meaning that if you deposit 1 BTC, you can tell the site to act as though you have put into 10 BTC. This increases your risk and your potential return.  I was ready to invest more, but literally the account just hovered very close to the deposit I made, never much up, never much down.  But, it is an option for you.

Also, look at sites like btcpop.  It is very confusing, but one of the options is to loan your deposited BTC to other members, long term and short.  The users are rated in various ways and a lot of info is given that can help you choose who to loan too.  

Last thought, you can also try a POS coin that has become fairly trusted.  POS is proof of stake and the coin returns a dividend to you based on various rules.  You simply download the software wallet, exchange your fiat or BTC for that coin and move them to the software wallet and follow the rules.  These rules may include the balance being in there a certain number of days, being above a certain balance or many others that the dev has set.  The newer the coin, the higher the payouts, most likely, and the higher the risk.  Also, read the rules carefully, many POS wallets only accrue "interest" if the wallet software is running.