Bitcoin Forum

Other => Off-topic => Topic started by: Liam W on March 05, 2014, 06:55:49 PM



Title: My virtual £1000 1 month Bitcoin 'Investment'
Post by: Liam W on March 05, 2014, 06:55:49 PM
So...

We're doing an 'extended homework' in PD where we have been given a 'virtual' £1000 (it would be better if it were real), and we were told to do whatever we want with it, to try and make the 'most' money.

Anyhoo, I (for some reason) decided to invest it into some 'virtual' virtual money... Lets see how this goes ;)

So, according to preev.com, £1000 is ~BTC2.604. Lets see how much BTC2.604 is worth in 4 weeks time...

Liam


Title: Re: My virtual £1000 1 month Bitcoin 'Investment'
Post by: sickhouse on March 05, 2014, 07:57:33 PM
Risky chance you are taking there. Anything can happen, might as well drop to $400 the week you turn in.


Title: Re: My virtual £1000 1 month Bitcoin 'Investment'
Post by: key4co.in on March 05, 2014, 08:24:42 PM
Buy low sell high, better search some Altcoins which are stable but relatively low atm and buy them and sell at a high with your non existing money :D
MMC, PTS par example


Title: Re: My virtual £1000 1 month Bitcoin 'Investment'
Post by: Joshuar on March 05, 2014, 08:28:46 PM
I'll sell you 1,000 imaginary Bitcoins for your money. That'll show your teacher how much of a profit you'll make.


Title: Re: My virtual £1000 1 month Bitcoin 'Investment'
Post by: railzand on March 05, 2014, 08:57:29 PM
PD?

Anyway, I guess £1,100

good luck


Title: Re: My virtual £1000 1 month Bitcoin 'Investment'
Post by: Liam W on March 05, 2014, 09:02:02 PM
PD?

Anyway, I guess £1,100

good luck

Personal Development

Might also be know as PSHE...

Liam


Title: Re: My virtual £1000 1 month Bitcoin 'Investment'
Post by: roslinpl on March 05, 2014, 10:24:15 PM
So...

We're doing an 'extended homework' in PD where we have been given a 'virtual' £1000 (it would be better if it were real), and we were told to do whatever we want with it, to try and make the 'most' money.

Anyhoo, I (for some reason) decided to invest it into some 'virtual' virtual money... Lets see how this goes ;)

So, according to preev.com, £1000 is ~BTC2.604. Lets see how much BTC2.604 is worth in 4 weeks time...

Liam



well it might be a lesson for you :) but you might not make a lot more in such a short period. There is a chance. I wish you will double your virtual money :P :P so people around will double their real money :D


Title: Re: My virtual £1000 1 month Bitcoin 'Investment'
Post by: EvilPanda on March 06, 2014, 01:00:16 AM
If you invested that 3 days ago you'd already have a nice (virtual) profit. It's a good moment because the trend is up and playing with bitcoins isn't as risky as people say. The biggest problem bitcoiners face are insecure exchanges.


Title: Re: My virtual £1000 1 month Bitcoin 'Investment'
Post by: Sindelar1938 on March 06, 2014, 06:32:59 AM
I will put my hand up and say that you will probably be up about 10-15% in that one month

Let's wait and watch


Title: Re: My virtual £1000 1 month Bitcoin 'Investment'
Post by: Liam W on March 06, 2014, 09:09:14 AM
At this moment, I would have lost £2.30...


Title: Re: My virtual £1000 1 month Bitcoin 'Investment'
Post by: E.exchanger on March 06, 2014, 10:29:04 AM
i guess in 4 weeks BTCBTCBTC will be hiking up to 800$-900$ USD !! Good luck you can also try investing in altcoins but you have to wait in that.


Title: Re: My virtual £1000 1 month Bitcoin 'Investment'
Post by: bryant.coleman on March 06, 2014, 10:38:46 AM
BTC is good for long term investment. Store your BTCs securely and forget about it. Check back only after one year.


Title: Re: My virtual £1000 1 month Bitcoin 'Investment'
Post by: Liam W on March 12, 2014, 03:17:27 PM
I've made and lost nothing today :P


Title: Re: My virtual £1000 1 month Bitcoin 'Investment'
Post by: roslinpl on March 12, 2014, 03:29:46 PM
I've made and lost nothing today :P

Well your investment is good but for a longer period.
:-) how many days left for your virtinvst
?


Title: Re: My virtual £1000 1 month Bitcoin 'Investment'
Post by: mprep on March 12, 2014, 03:31:04 PM
BTC is good for long term investment. Store your BTCs securely and forget about it. Check back only after one year.
Well he mentioned it's not a real investment, only an assignment so he doesn't have a year.


Title: Re: My virtual £1000 1 month Bitcoin 'Investment'
Post by: Liam W on March 12, 2014, 03:42:06 PM
I've made and lost nothing today :P

Well your investment is good but for a longer period.
:-) how many days left for your virtinvst
?

About 2 weeks, but people have already lost everything :P

Liam


Title: Re: My virtual £1000 1 month Bitcoin 'Investment'
Post by: railzand on March 12, 2014, 07:17:47 PM
What else did they invest in?


Title: Re: My virtual £1000 1 month Bitcoin 'Investment'
Post by: roslinpl on March 12, 2014, 07:54:34 PM
I've made and lost nothing today :P

Well your investment is good but for a longer period.
:-) how many days left for your virtinvst
?

About 2 weeks, but people have already lost everything :P

Liam

Good :)

You have 100% that you will not lose everything ;)
And in two weeks time price might hit 760-800$ :) I really hope that for all of us.

Anyway - fingers crossed :)



Title: Re: My virtual £1000 1 month Bitcoin 'Investment'
Post by: roslinpl on March 12, 2014, 07:55:08 PM
What else did they invest in?

As I know he invested only in BTC as you can read in #1 post. :)

So...

We're doing an 'extended homework' in PD where we have been given a 'virtual' £1000 (it would be better if it were real), and we were told to do whatever we want with it, to try and make the 'most' money.

Anyhoo, I (for some reason) decided to invest it into some 'virtual' virtual money... Lets see how this goes ;)

So, according to preev.com, £1000 is ~BTC2.604. Lets see how much BTC2.604 is worth in 4 weeks time...

Liam


Title: Re: My virtual £1000 1 month Bitcoin 'Investment'
Post by: Kiki112 on March 12, 2014, 08:01:57 PM
bitcoin is a long term investment, you should of searched for some alt coins in order to get some quick-profit (it's also more risky..) ;)