Bitcoin Forum

So I recently came into about 13k worth of BTC and would like to put it to work for me as opposed to just holding it. I figure why not hold it and have it work in the meantime through a p2p loan or other low risk semi short term investment.

I'm aware that any investment is a calculated gamble and the fact of using btc for it could complicate it further because of a few factors.

Basically I'm asking if you had 50btc sitting around how would you grow it aside from trying to day trade?

If it were me I don't think I could bring myself to 'invest' in anything. The track record for investments is utterly wretched. The BTC space is just too sketchy, scammy and fragile to risk it. The successful investments are very few and far between.

Lots of people will suggest gambling it or lending it out to anonymous people. If this was a dollar forum and someone said 'Hey, I have $13,000. What should I do with it?' and the main advice was gamble it or lend it to some guy who might have a facebook account that might be real on a website that's run by an 11 year old, you wouldn't be too impressed.

id suggest to try out btcjam as p2p lending, but still there is a risk to everything we do, but atleast it is better than sitting around because btc is declining every seconds now  :-\ :-\

Here is my advice:

First off, investing is a huge area. Asking to invest it means anything to spend it, in return to get more. Let me start with, don't listen to pepople telling you to invest in a dice site. Don't listen to people telling to gamble, or loan. In the end, and when odds meet ends, these don't work out. Dice sites won't make much unless you invest your life savings as a 50 year old, or you bought in very low. The best things to invest in, is yourself. Business is the keyword. Use this BTC to fund your own projects. I am saying this from experience. This way, you make 100% of your profits, and you can use your mind to open up to new things. Think outside the box from what anybody else would invest in. Think of a good idea, and execut it properly. Bitcoin is new, and there are tons of areas that still need developed, and small things that could be of great use to everybody.

I am not going to share many of my ideas here. If you want to talk to me outside on a place like Skype or AIM, just give me your username and I can explain everything to you.

I have been looking at btcjam but all the loans are unsecured right? Even with verified PayPal etc it could very well be stolen identities or the such and simply run off. You diversify to hedge your risks but it seems too likely that you're loaning to a criminal.

I'm not going to gamble with it as it came from gambling to begin with and my luck couldn't be that good lol.

That's the thing, I have no projects or small business ideas and would like to keep it in btc no matter what I do with it since I am in for the long game.

indeed, as i said there is risk to everything, there is some secured loan there, if you already in there for a long time then you can easily spot which is a scammer which is trustworthy, but still it is not very secured, the ke is to diversify

I just meant I'm long on btc. I expect to see a stable $350 in a few months so no matter what I want to keep it in btc and not fiat.

Easiest thing to do now is to become a loaner on BTCJam and give people money then get interesst at the end . or simply do it here on the Lending section , it's up to you . (make sure to use an escrow)

~ Madness

Yeah so it seems. Unless I want to venture out and build a website or very small business startup but a huge number of new businesses never make it so it's still a gamble there.

Or that too , you can startup by that little amount to build a Betting or Gambling website .
Also you can open a faucet website which can be very profitable with the amount you have , simply place ads and try to get the highest traffic by offering the highest payout of faucets out there . (You should make the users disable their Adblocks tho)

~ Madness

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Also, to the OP, please dont consider investment into clod mining and other stuff. Instead start something on your own, such as a tool for the bitcoin ecosystem, etc.
You should also consider safely securing your funds in cold storage

I would really not suggest btcjam...i lost 5btc there...the scam was from verified user, great score etc...it's mostly ponzi schemes there...they pay back until they don't...And the worst part, the support of btcjam was not even reacting on my emails and in online chat the guy from support didn't give a damn about it...so...please don't recommend something without deeper knowledge

If i had 50 btc, i'd invest 2-3 btc in cryptsy shares, see how they faired after a week or 2 (dividen payments) then buy more. Put some btc aside for trading, and hold some (10 btc for cryptsy share, 20 for holding, 20 for trading)

I suggest you fund your own Bitcoin business. As a matter of fact, check your PM, I may be of help.

I'd let it sit around. Lending money to people isn't worth the risk. Hold it and you'll very likely see gains. Plus, we could see a spike anytime and if that happens and you don't have access to any coins at that particular moment you cannot profit from it.

btcjam is still risky their are scammers their with fake identities..

the problem of not want to hold those btc, is that investment is risky , all of them, you could lose a portion of it or all of them, better to hold and wait for the price to rise

one could argue that even holding is risky because of the nature of btc, it could go to zero or something and make your capital worthless...

in the end everything is a gamble

Its a pretty tough question, since every form of earning comes with a certain risk. What i can tell you is not to touch altcoins, as you will probably loose portion of value because its crazy there. Never gamble also.
Some well backed loans would be a much better option, but dont reach out with more than 20-30 % of your holdings.

cheers

I would either a) just sit on it or b) use it to create a tiny startup company that somehow takes/pays in BTC. Maybe create your own gambling site or Brawker or something - I know one thing that is sorely needed is a complete POS system with integrated accounting/inventory management for Bitcoin.

Im not sure about BTCJam's regulation level. Unless it is highy regulated and secure im not putting any money since its a matter of time they get "hacker" just like every other company.

If I were you, I would definitely hold it because it is already an investment in itself. The more people gamble with their money expecting that they will get an incredible return, the more they end up burning themselves. Just keep it in your hands in an offline storage, wait for it to gain value, then sell. It will not gain you a big profit but it diminishes the risks of you ending up with no money at all.

Definitely a good thing that you can do OP. Any upward movement in the trends is already a good sign for you holding that 50 btc. Putting it in lending or trading with it gives you a high risk of being burned in the end. Though it's up to you whether you want to "invest" or not. I'm just giving my own opinion here on what will I do if I have that money.

Best idea is to resist the temptation to gamble and put your coins into cold storage or if you must play at Coinroyale.

Aww 50 BTC would make a nice bankroll for MultiDice  :)

Did you hack bter?


On a more serious note, you could spend them on what you feel yourself most skillful at. This is the only way you would increase your income in the end.

rent a rig and point it to https://bitcointalk.org/index.php?topic=763510.0

1. Make a gambling site
2. Loan your BTC with collateral & some nice fee
3. Invest in gambling site
4. Gambling at primedice & win a lot of BTC like hufflepuff 8)

Personally, i think make a gambling site is the best choice if you can introduce something amazing / unique

hi,
 
i invested 13 BTC since october 10,  buy buying securities on www.coinsortium.co , today 130 days later my shares are worth 25 BTC and i'm getting
dividends every week.
The stocks that i hold : BARTER , EPL , BFTB, ARB , check them out if you need proof i can send you screenshots of my deposits and owned shares.

Have you tried to sell your securities (at least some part of) and withdraw your income?

I don't know what to tell you in regards to where you should invest your money. But I will tell you this, Don't give out no-collateral loans, BTCjam or otherwise, Don't invest in cloud-mining no matter how legit they appear, Don't day trade.

I would advice you to just keep them safe in a cold storage but if invest you must, then think out of the box, design a new btc website maybe, a new game. GL

PS: Teach me how to win in BlackJack dude  ;)

newbie with 13 activity, claiming to make profit from cloud investment, where are the proof?

Invest in some gambling site.
Diversify - get some promising altcoins, maybe in 2-5 years you'll be richer than with only BTC.

Nowhere, he's most likely trying to scam BTC off incautious people.

Hack bter ? if he did , i dont think he would need to invest in anything all he'd have to do is buy stuff and be happy with life :>

In fact, we don't know whether it was a one-man feat or he had accomplices.

profits for dice sites are slow.. except for pd and bitdice

so, that 50btc wont return much

There's not a single site related to bitcoin that's worth putting 50BTC right now. Things are too experimental. If you want to risk go for it tho.

If you look for a real investisment just buy a wallet that can save your bitcoins before you loose them .

If you've really 'came into' 13K worth of BTC, than you should also be smart enough to know what to do with (50BTC) it...!

Buy my shares of course. Link in the signature.

50 BTC  ::) , waw you can buy a slaves with that here in africa we can sell a slave for 1.7 btc this is a real investisment  8) .
Just a tips :
* Don't even try to trade in exchange site if you are noob .
* Don't think that this is the last time you can invest your money
* Don't think you will loose if you don't invest

Stick into cold storage and forget about it
And hang on to them private keys, of course

invest into 10k coin  8) 8)

As I can guess, some shitcoin supposed to be worth 10k dollars. Too loath to actually go and find out.

Keep some non invested and maybe don't invest them all in one place not to risk it all on the same third party.

The guy on moolah just got arrested.. I don't feel like investing in anything, in the long turn everything happens to be a scam.
Anyone can think of anything worth investing btc related?

I dont know about the rest of the stocks but I have put my name, my time, and my reputation behind BFTB so that one for sure is not a scam. Please feel free to contact me here, on coinsortium, hashtalk, or if you live in the southeast US... I would be more than happy to talk about the project in person.

I'd cash it out for USD. If you're really anxious to "do something" with it, don't risk it all. Take 1/2 and "invest" it as you see fit, whether in shares of 10 different companies or your own pet projects. The other keep in BTC so you can take advantage of other opportunities as they arise.

sell your bitcoin and buy euro, euro will rebounce back

Either put everything in XMR or exchange them to CNY. You will love them in a year.

I would hold it until you need something important, then cash it out or trade it whatever.

Just don't waste it!

Invest it in HODL.inc

Investing at HODL.inc is super easy.

First, don't do shit. Then you are done.

I would take the advice that many others here shared and just hold to it.  If you decide to invest I would do it sparingly can hold on to 80 percent or more of it but when that spike happens.

Maybe invest it into a gambling site? Probably make something off the house edge over the long term. Be careful where you put it though. Some casinos may run.

This is one thing I would advise against though.

I would suggest you to divertify it.

25 BTC in Cloudminr
10 BTC in GHCoins
2x5 BTC in either a new or unlaunched coin
5 BTC to hold in case there is an opportunity that rise in the meantime.

i think there is a coin called 10k coin or something

i would suggest to invest in something else, altcoin scene is too dangerous

There's a coin for every single word and number ever created. There's billioncoin too. I got a lot of them. Unfortunately it seems its useless now.

professionalbitcoinbroker@gmail.com

helped me with a lot of ideas investing 5,000$ and got a return of 300$ a week but sometimes just 150-200. but still, cash is cash man..

but they are very picky about customers. only a full description of what you want, what you have and how much you are expecting might make them hit back to you.

many things can be done. they are a group of people with ideas of investments and often buying bitcoins at regular prices. but their payment is very slow. took me 2 days. bank transfers are always in this time frame but oh well i got my money. and i made some profits by their investment ideas.

they got guys at wall street and stuff like that. telling you to buy this.. then hours later sell it with 100$ profit or something.

also happened they give long term investment ideas. one benefitted me and is still benefitting me. buying out casino scripts with its rights and modify it like a gambler would like to play in.

basically if you got cash and want to invest. you should not go quick and rush in everything. take a moment and think if you can do it or you can give it at least 2hours of your daily time to invest yourself in doing it.

Goodluck with that.
Cheers mate :)

From my experience, either use bitstamp to buy and sell your positions to accumulate more btc overtime or you can leave some amount on a gambling site where they would give you interest but it wouldn't be a crazy amount but enough to justify leaving it on there. Don't go trading alt cryptos because you will most likely lose your total amount of btc but with that amount you are a small whale in most markets.

https://i.imgur.com/93itALX.png

https://bitcointalk.org/index.php?topic=762346.0 (https://bitcointalk.org/index.php?topic=762346.0)  ;)

You must be talking about 42 Coin. Its value is 42 BTC, and you will be able to buy all of those coins for it :P
Best thing to do now, is hold.

42coin value is around 5btc not 42btc. charts show it was worth over 1000btc once.

You should try lending them out on Bitfinex.

OkCoin and Bitfinex offer good deals on their lending options.

I was under the impression that rates are far higher for USD lending. It's one of the more legit options but you're still exposed to exchange death which could happen at any moment.

Pretty much exactly this.

I would create a gambling website whether that was dice or something or poker i would not know until i had the money to invest, probably swing towards poker as i enjoy it that much.. You could invest in creating an online shop of some kind there are many ways to invest that i guess it all come down to what you enjoy doing the most and then finding an opening to invest. If you do loans always take collateral  ;D

Good luck with your investments   

50 btc is too small a sum for creating an online shop of probably any kind (let alone a poker casino). But 50 btc is enough to earn for a living by trading, if you know what you are doing, of course.

This message was too old and has been purged

yeah, also no, i was not talking about 42coin, i know that coin is practically dead

i was thinking that there was a coin named 10k, apparently there isn't any

anyway investing everything in one coin is dangerous, better to split those 50 btc on multiple coins

Better not to invest more than 5 BTC out of the 50 BTC in altcoins.

This is a strict no-no.
Lending out may give high returns, but is also a high risk proposition.
OP should probably wait until additional investment opportunities in the Bitcoin space emerge.

Hopefully you actually investigated before buying a speculative digital commodity.
I would hold until $400 and sell if you don't know what to do with it.

OP want some invest, but give money in altcoins is only speculation

That's the problem with bitcoin. It can't go up because too many bagholders waiting for a exit price to dump  >:(

Strictly speaking, having bitcoins on hand is also only a speculation right now. Given that, we can reasonably advice him to convert them into fiat, though this would seem rather strange, right? So what's the difference really? The difference between having just bitcoins or having some part of them "invested" into a few worthy altcoins?

Take your 50 BTC, sell it and get ~13k USD. Invest the USD in the stock market using any of the standard safe investing strategies. You will have lower risk and higher return.