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Title: Investing in bitcoins Post by: wanderer79 on July 11, 2013, 06:31:04 PM Hey, guys I was wondering, maybe you could suggest how to invest in bitcoins, give me some advice. I'd be grateful, thanks.
Title: Re: Investing in bitcoins Post by: TippingPoint on July 11, 2013, 06:33:27 PM Buy low, sell high.
Title: Re: Investing in bitcoins Post by: Bytas on July 11, 2013, 06:41:29 PM Please don't "invest" in bitcoin.
If you are going to buy some, find some kind of project that interests you that you can use them for. :) If you want to make a profit out of buying-> holding-> selling bitcoins, you can end up either euphoric and rich or downright depressed and poor depending on wheter you bought them on a peak or minimum. The market is very volatile atm, and as long as people hold on to their BTC it wil stay that way. Bitcoin needs to circulate to work. If you buy some, there are a lot of cool things you can do with it though. Buying stuff at a cheaper price, paying your friends for goods/services, drinking a beer, starting your own project involving this revolutionary technology. If you want to buy some you have a couple of options. Online trade houses mtgox.com btc-e.com Offline escrow service localbitcoins.com Or find someone you trust that has bitcoin and trade with them. ;) Title: Re: Investing in bitcoins Post by: Moogle on July 11, 2013, 06:57:50 PM true, theres lots of cool things you can buy with bitcoin. drugs especially. invest in those. I hear they have a high resale value....
Title: Re: Investing in bitcoins Post by: 🏰 TradeFortress 🏰 on July 11, 2013, 06:58:36 PM Coinlenders.com
I run it. Title: Re: Investing in bitcoins Post by: franky1 on July 11, 2013, 08:17:10 PM lets say you had $1000 to invest. the wise thing would be
example 1: buy 500 fruit of the loom T-shirts for $1 each (keeping $500 for delivering). sell them for bitcoins at a $3 bitcoin value. that way your $1000 is spent buying stock and delivery charge to customers. and you now have $1500 worth of bitcoins. then use that to sell $1000 of bitcoins. and rinse and repeat. keeping $500 worth of bitcoins per repeat example 2: find a upcoming service that you see as bringing alot of benefit to the community. buy into it as a partnership, then reap the rewards once its live. example 3: put the money on the markets, buy low sell high. we need more people doing things like example 1/2 and less of the example 3.. each 'investment' has its risks so investigate which niche suites you best and what to use the funds on. Title: Re: Investing in bitcoins Post by: wanderer79 on July 12, 2013, 09:24:35 PM Thanks for your suggestions.
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