Bitcoin Forum

Hi guys,

I am new here but I know some things about Bitcoin.
I am interested in investing some money, but not too much in some kind of project, but not in mining.
Maybe cloud mining, but as I heard, only earner from such is developer..
What would you suggest?
Thanks :)

I don't really suggest cloud mining but if you are investing, please make a quick investigation about the site because there are many scams out there. This thread will be helpful : https://bitcointalk.org/index.php?topic=878387.0

   ~~MZ~~

Cloud mining is not investing but that is gambling. You never know how long that site will last long. Many people already got scam when the owner just run away. Better you invest in other things

if you want long term investment. the best coin at the minute to buy and hold for maybe 2-3 years = CANNABISCOIN

Stay away from cloud mining like the plague. Too many scams and even if you do manage to get a reliable cloud mining supplier, the ROI is not worth it. Even mining nowadays is a losing proposition. If i had some money to invest, i would buy a small miner and try and run it solo in the hope i hit a block of 25 BTC  (but that's just me!) ;D. If you are not averse to investing in gambling sites, there is a lot of money to be made. I have invested in Just-Dice.com and in Reddice.me. I am in no way guaranteeing a return here, but since investing in crypto is like gambling anyway, it might be something worth thinking about.

Please note that you may also end up on the losing side in case someone takes these casinos for their investment. Also take note that these sites do not accept BTC directly (you will need to convert to clams for Just-Dice and Reddcoins for reddice.me), although bitdice.me, which is a part of the dice.me family, accepts bitcoin investments.

Aside from the above, i really don't see any other avenues for investing BTC. Please do not fall for those schemes which offer to double your money in a few days time. Such stuff does not exist and will most likely be looking to scam you out of your money. If these sites worked, we would all be millionaires and wouldn't need a signature campaign to earn us some btc, LOL!  ;D

Cloud mining is ponzi except cex.io I think, but not profitable. If you want to try cloud mining try zeushash, hash profit or Genesiss mining.
But if you want to invest, search xbtc or bitcoinex.

My advise
Please DO NOT try cloud mining, You don't know when you get scammed.
They will pay you just few weeks or few months then they disappear ( you can get a little $ back but not all )

They are many legit cloud mining sites including cex.io . Hashprofit is collapsing, please don't invest there. @ikyedsu : Please don't spread things which you aren't sure about. :)

   ~~MZ~~

OK. Understood! I have forgot what Cloud mining is! :P
I am not even thinking about any kind of gambling..
Which opportunities are remaining then? Crypto values, what else?

Simple and the best way for now is just invest in some bitcoin. Now when the price is very low. But some btc wait some time for the rise of price and voila! It is the low risk, sure gain method. It may be not the fastest but you earn money that way for sure.

When in doubt of investment opportunities, just the most simplest and safest will have to do:

https://i.imgflip.com/5kh9j.jpg

No need to get fancy...

If your main idea is purely for investment, then by all means just make it simple and buy the coin. And it's so happen that the price is currently so cheap right now that makes it worthwhile. If you are into cloud mining, basically it's more like a gamble but there will not be any guarantee so it's up to you.

If you want a relatively safe investment, then you can buy bitcoin and keep it safe in your wallet for a long time.
Or you can invest your bitcoin in gambling sites' bankrolls and make some profit when the house wins, but you will need to face a much higher risk.

It isn't just about this, it isn't even profitable and if you want to profit you gotta hope that bitcoin will rise in price.

If you expect bitcoin price to rise, it is better to buy bitcoin than to mine bitcoin.
Unless you expect the bitcoin difficulty to increase very slowly for a long period of time, IMHO you shouldn't be doing bitcoin mining now.

That just hope for long term but OP said he want invest for project so he need to start think from now

i dont suggest you cloud mining, just check how many of them in the last months are scams.... even if you find a good and not an scam cloud company im sure is not profitable, just do your maths.


Maybe a good idea is to try to invest on some alt coins, but you know be alert or you will be scammed too :P

About gambling, who know, there is lot of ppl who always have lucky xD, this is not my case, so your chooise. To tell you the truth, best thing you can do ( i think ) is to buy BTC and keep them safe, as you can see atm is cheap ;)

BTC cloud mining is smart choice  ;D

Instead of investing bitcoin into things like cloud mining why don't you just invest money into bitcoin and keep that as an investment. I think thats your safest bet and personally I reckon it will see big gains financially within 1-3 years. Could be huge after as well. Who knows but just make sure you know the risks of investing.

Because they scams you early or later.
Please be sure that in which site you are going to investing is it legit? Whether they are paying or not? Since when it is started?

Well for long term buying at current prices is good investment, oh into project? You can try dices or look into services/btcjam.

OK guys, that's enough about cloud mining and gambling. I already said that I won't invest into that.
First, I need to buy some BTC. Then, I have two choices. Simply hold it or invest it in BTCJam. It seems interesting. What is that site about? Lending? How can investor earn from that?

Yeah its about giving lone. Some get a loan from you and will return you after specific days with profit.

I recomend you to trade your btc with $ or stellar. You will earn a lot.

It is a bitcoin lending site. You can lend your bitcoin out to get interest, but the borrowers may also be a scammer and never pays you back.
So you should only risk the amount you can lose, and should not put all your bitcoin in one single loan.

there is a lending section in forum.

Try by your own risk

First of all I think btcjam site is good for lending because it gives some security. Secondly this forum is also good in other way if you provide a loan to trustworthy member. Thirdly always give smaller amount of loans it will be safe.
Fourthly lending is risky thing

Thanks

Yep but even there are a few scammers, you should ask for collaterall.

OK. I will check lending sectoin on forum too, but BTCJam seems easier to use, and it is automated. I will first try with small investments.

Look for people that have vertified everything and have few trades completed, you will thank later for this advice.
Good luck.

OK. Thanks.
I have one more question. What if requested loan isn't fully funded?

As I said, a few times already, if you want to invest into cloud mining, avoid cex.io and go to hashprofit. I've actually made some profit but the only down side is that you can't withdraw and sell you khs for the next 3 months, well you can but there will be a 20% fee. Also invest in bitcoin. Buy now when the price is really low and hold it. That's the best way.

Are you still receiving payments from Hashprofit?
From what I read in https://bitcointalk.org/index.php?topic=755527.100, https://bitcointalk.org/index.php?topic=908625.0 and the official Hashprofit thread https://bitcointalk.org/index.php?topic=888534.120 (thread locked now), no one has received anything in the past 2 weeks.

Oh no, I'm don't know about that.
 Thanks for your advice :)

NP. :) This may help you and others who want to enter into cloud mining : https://bitcointalk.org/index.php?topic=878387.0 .

   ~~MZ~~

Mining, whether by yourself or cloud, ain't profitable nowadays as the Rewards will be halved to 12.5... You can try your hands on trading altcoins or arbitrage trading of BTC in order to gain some small but sure-shot gains that may meet your expectations...

better to buy bitcoin directly, seeing how the price is attractive now

What does the block reward halving have anything to do with it? The halving will very likely push up the bitcoin price so it could be a wise investment to try get as many coins as you can now.

How is that possible? :o You may want to change the sentence if you meant something else. :)


   ~~MZ~~

It's the cash-flow which goes on and on and has given BTC its value, and will still continue to give as BTC can go anywhere but not 0... Now, clarify me what has halving to do with the BTC price? Did you mean to say that it will increase demand in people to buy BTC just because the reward halved?

I didn't understand halving thing too..

BTW guys, I have opened BTCJam account, and invested some of my money.
Thanks everyone! :)

Thats great
But be catefull of scammers. They will take your money and fly away. So guve your loan only to those who had good reputaion and have already 3 to 4 trades successful y

Miners mine Bitcoins in order for the blockchain to work properly, and in return, get paid rewards for their generated block, currently getting 1 genesis block gives 25 BTC to miners... It halves every 4 years, and it will be halved next year to 12.5, that is what I tried to explain... :)

I knew already only half of that. Now i know the rest. Thanks :)

This is a great time to buy Bitcoin by investing fiat. These prices may not last forever. I am personally gonna step in only at $210 though, because i want a bargain. Otherwise this is a good price to get in atm. No one can predict the market, but my gut says that the price should bounce back!  ;D

Looks like bitcoin is doing a wonderful job of correcting itself to the pre-willy/wally bot price manipulations.  Going to be really interesting to see what happens to the mining rig manufacturers this year.  I have a sneaking suspicion that we will be lucky if there are 2 or 3 reputable hardware manufacturers by the end of the year the way things are heading.

Looks like you won't have to wait long.

https://i.imgur.com/4XfuptL.png

We're on our way to new year and change lows.  Everyone dumping like crazy, no buy support... :-[

It's the time you can put in some more money in BTC in order for heavy gains, as the dumps have shown their fury and it's over now, I feel we must now be ready for a big incoming pump, as this crash maybe indicating some big dogs re-entering the markets to eat some more pieces of the cake...

Yeah,

Looks like BTC is stabilizing around the $200 mark. Might be a good time to jump in and buy some an then forget about it. Treat it like a long term investment and never invest money that you may need for daily use, i.e. invest only what you can afford to lose. The pump should not be too far away from now imo.

for now maybe hard to invest in bitcoins cos the price go down now.
maybe better wait until the price go normal.

I think there is not reliable Bitcoin investing. If you want, you can bet >95% chance-of-win on dice gambling. Example: You investing (bet) your Bitcoin on a dice gambling site with 97% win-of-chance, if you win you'll get about x1.025 of your bet. Do it daily. It same with 2.5% daily profit on HYIP sites. But, if you lost, you scammed yourself like HYIPs scammed you.

Stay away

What will never happen when everyone will be waiting for 'price to go normal'. For now everyone are just afraid to buy. And now it is really good chance to obtain cheap coins and bring stability for bitcoin by doing so.

yeah u right. i mean that for normal person will maybe do that.
but if u wanna gambling so u can buy now.
maybe the price gonna high soon.  ;D

What do you mean by "normal price"? lol
for me, normal price could be 500$ and your normal price could be 1000$ eg

for me, all Bitcoin price is always normal, even the price just $200, that is just said it high or low

IMHO normal would be 500+ for me.

Right now it is better to just buy Bitcoins than investing in mining. Cloud mining is also waste right now. Several miners are turning their mining rigs off due to low profitability (or no profitability).

Now is a good time to buy if you're looking to invest. Prices are relatively low. You can still wait to see if prices go lower, but it can go any ways - nobody is 100% sure. Or better, place multiple orders at different price points $200, $180, $150 and so on...

 Just make sure not to invest more than you can afford to lose.

This time for buy bro ;D
and i believe the price will high.

im not too much expectations my normal price is $450-$500 ;)

good expectations :)
i hope it too
and with this rate i wanna some btc for my invest on future :D

Buy BTC it low values now, wait it raise up.
That best way investment.
Or you can try your luck, casino online or bet sport

Gambling is not an investment, as you will most likely lose your bitcoin no matter you are playing dice, poker or sports betting.
Investing in a casino is a different story, but you have to trust the site to be legit and competent.

Yeah, of course gambling is not an investment, but it is equivalent with HYIPs, why? Because there's called a lost-of-chance that will lost the gambling player money, that's equivalent with lost all the deposit + profit on HYIP because scammed by the owner of that HYIP. Just my opinion :)

is legit try to invest in gambling site ?
which good site recomended

MultiDice and Rolldice.io is growing now and open for invest :D

The largest bitcoin gambling sites with investment feature are PRC with 2665 btc invested (link: https://pocketrocketscasino.eu/) and BitDice with 1512 btc invested (link: https://www.bitdice.me/).

Multibit? Do you mean Multidice instead? :D

LOL. Thanks for tell me :D
Damn, that's make me embarrassed :'(

Just buy and hodl. This looks like a quite good moment to do that too.

It's legit to invest in gambling site/s.

I would recommend PRC,Bitdice.

you don't invest in gambling, you spend money on gambling

just holding bitcoin and waiting for price to rise can be an investment, cloud mining is a scam, dont bother.

Well,that is true.  ;D

I trade bitcoins on exchanges,it's gambling too,most of the time.  :P 

Day trading Bitcoin is gambling and as far as I know people considering day trading Bitcoin investing.

Gambling is gambling and daytrading is daytrading. For both you must have luck for some profit. ;)

ok guys, thanks! :)
enough spamming.

bitcoin is an investment in its self.

What are you mean? Do you think Bitcoin is an investment like a gold, oh maybe digital gold? :D
Please explain about your statement :)

Bitcoin has loads of unique factors. You should rather compare gold to Bitcoin, than Bitcoin to gold these days.

Interesting post. Same mindset here. It's surprising how much uneducated investors the crypto space has. You still see people invest in this shady and scammy coins.  We do need to look better at the insights of every coin. What team is behind it, is there any management. How strong is the product, is there any product at all? Does anyone know about:  https://www.coincheckup.com This site is really helpful in my coin research. I don't know any other sites with so much indepth analysis.  Check for example:  https://www.coincheckup.com/coins/Bitcoin#analysis For the Bitcoin Analysis

I dont trust genesis mining or cloudmining. They can run anytime with all your money. You can instead invest your money in any good return policy. You can also start trading altcoins with some basic knowledge and some good research. If you have big investment then mining will be gpod for ypu but as you described that you dont want to do mining, you can lend your bitcoins on a daily interest rate.

Investing bitcoin in any online investment sites is a big risk as its very hard to find any legit and trusted sites nowadays as most of them will operate for sometime and will disappear in long term so if you want to invest your bitcoins then you should invest it in different altcoins.

Guys, maybe someone heard about REcoin. Is it worth it to invest in it ? Or maybe just mine it? help w/ decision please

you can not put your trust in cloud mining dude, most of it is scam!

One of the easiest way could be the cloud mining.Cloud mining involves renting an amount of processing power from a service provider and earning Bitcoin relative to the amount of processing power purchased.Basically I agreed with most of comments here.There have been many scams involving cloud mining contracts, and there is no guarantee of security when using these services.