Bitcoin Forum

Hi friends, I am going to ask you for some investing advice! As this is the "speculation" subforum, and I am looking to "speculate" with some capital, I figured you all would be able to help!

Somebody recently gave me $4000. This $4000 I have to hold onto for approximately 4 months, until I am supposed to use it to buy a used car for them that will be available at that time (the seller is out of country at the moment and the buyer is leaving the country in a month.)  

Anywho, so in the meantime, I have this $4000 USD. What the fuck do I do with it?

1) Hold onto $4000 phyz cash
2) Put it in a bank account that gets something like 0.1% interest.
3) Put it in a 3-month-term CD that gets something like 4% annual interest
4) Put $3000 into a CD (the minimum), $900 into Bitcoinz, and $100 into a couple altcoins.
5) Put $2000 into a bank account with 0.1% interest, $1800 into Bitcoinz, and $200 into a couple altcoins
6) 25% in bank account and 75% in bitcoinz/altz
7) 2 DA MOON BABY (all of it in bitcoin.)
( 8 ) CUSTOMIZE YOUR OWN BITCOINASHLEY INVESTING PORTFOLIO !!!  :-\

So things to keep in mind:

• I have enough money to replace if it's all lost, but I'd prefer not to have to do that because that would obviously suck
• In terms of risk tolerance, I wouldn't mind having to replace, say, 10% of the $4000 if Bitcoin really went downhill; as that's part of taking a risk and "speculating."
• Obviously how much might be lost or gained depends a lot on our speculation of how the market is going to do in the next 3-4 months.
• Please don't whine too much because THIS IS THE SPECULATION SUBFORUM and speculation is perfectly normal and acceptable here.
• No, I'm not being dishonest and mis-using someone else's money, because as far as they know, they're getting their $4000 back after 4 months whether or not I lost it when Bitcoin crashes after the block halving hype ends. I am financially solvent and responsible with money.

Ok go.  ???  
 ;D ;D ;D

Nice window, Bitcoin of course - hands down. Just to be safe, keep it in your savings account. This is the time to bet the farm if you have the backup you claim. Tho, sounds like you want a safe outlook. Just keep it on hand or in the disastrous checking account. Tho, 7 BTC can do plenty in that amount of time.

Much better to hold all in bitcoin.. so that you can make a profit more after block halving.. block halving will happen this coming july and now 1 month to go.. so better to hold all in bitcoin..
No more altcoin or bank interest it takes too long..

4 grand?

I would put it into bitcoin, personally. It'd be better than a bank!!!!

Well aside from that bitcoin has better YoY performance than any savings account or CD here -

In the "country" I live in right now, multiple banks have failed in the last 5 years, with lots of people losing all their money (or large chunks of it, if they were lucky enough to have used an insured bank.)

Whereas Bitcoin hasn't failed once during that time!  :D

Donot put all of your money in a single investment scheme..Just invest some in bitcoin, some in altcoins - etherum is recommended , and some in a savings bank.That way you can reduce the risk of loosing all the money.Good luck!.

My advice is to not do anything with that money since it's not yours. But if you really want to invest it then go for Bitcoin as it is the safest possible way. Avoid putting your money in altcoins. I believe that we'll see another bull run before the block halving which may give people that buy now a decent return.

Do's: bitcoin
Don'ts: altcoins

It is better to hold your that money on bitcoins about 25% then some other is on the bank a little in altcoins .in short make your investment spread out on different legit accounts.

My advice is using the 50% to buy bitcoins and wait to see if there is a panic buying on market, and you can have a nice profit. Bank accounts have a very low interest.

1) Never use the word "Bitcoinz" again!

2) Stop talking and invest your money in Bitcoin. You already missed 3 percent upside this morning.

High risk, high reward. If you have the guts for high risk (eg altcoins), go that way.
Low risk, low reward. If you don't want to risk at all: bank or cash.

Or just find the "middle" that suits you best.

Holding onto cash or depositing it into a bank is not a good idea at all. Fiat currencies are simply too unstable to make this work. The trade deficits of the USA has been skyrocketing over the past decade or two.

I suggest you just buy bitcoins with it and hold it. No risks there. I think that's the safest and most profitable investment option of it all.

with $4000 i would go all in with buying bitcoin, with that much money you can only buy 7.4BTC and then after that you can only hold it for the halving rise or you can also invest some part of that (like 2BTC) in altcoin markets for additional profit.

Don't gamble with other peoples money.

If you can cover it then why ain't you using your own money anyway? If you think losing it's gonna suck then don't involve anyone else.

Depends how much you have already invested in bitcoin and how much other investments you have.
If you don't have much in bitcoin yet then I would invest it in bitcoin.
But if you have already a lot in bitcoin and not much other assets then I would not invest it.

i would choose '8'

simply, you can invest in national debts for $500; invest $1500 in banks, however if you deposit into CNY then you will probably gain around 4% annualized. the rest $1800 is recommended for bitcoin investment, and the $200 is or various altcoins. altcoins are being pumped and they could wealth you majorly in no time.

all-in to bitcoin man, it's so clear the increase look the market is on steroid, 800 is imminent, like 500 was imminent, don't lose the chance to have $8k or more, invest without hesitation bitcoin, it's the future

Are you still waiting?
Now you missed 6 percent.
How long do you want to wait?

Put your friend's money in the bank.

Then, spend your backup $4,000 on bitcoins.  Today, despite the latest step up.

Heheh, good point. I actually bought a wee bit yesterday. (like 0.4.)

So based on the excellent advice/speculation in this thread, I'm going to put $2k in a 3-month CD (turns out $2k is the minimum for CDs at mah bank) and THE REST, APPRXIMATELY $2k,  I WILL INVEST IN BITCOIN. w00t.  8) 8) 8)

Go 'all' in to bitcoin, except for a portion in silver and smaller portion in gold. Educate yourself how to hold bitcoin safely. And then hold it tight. Its hard to stay on a rampaging bull.