Bitcoin Forum

Hello,

I got an $200+ BTC. I would like to Invest it somewhere so I can make some more. Anyone got any suggsestions? :)

I recommend you to stay away from cloud mining websites, most of them are ponzi's.

Perhaps the best thing to do is hold BTC.

Are you after more dollars, or more BTC? The only ways to get more BTC are to buy them or mine them. If you want to mine, you need to either purchase a miner (but there's a lot of math and speculation involved whether it'd be worth doing so) or lease shares from someone else's miner (which cloud mining sites tend to make easy, but yeah a lot of them are actually thieves).

you could check lee's hosting he is pretty honest

https://bitcointalk.org/index.php?topic=934581.0

I would agree look at hosting or mining at home.  The "cloud" miners is just like the wild west in my view.

I highly suggest doing some research on ROI when investing in mining.  Also might factor in selling miner at end or factor in if your mining till it is at end of life.

Somewhere is good , but best to stay away from cloudmining and mining as well, as that amount wouldn't buy you much .

Since you posted in the mining section, I'm probably saying investing in cloud mining? Not sure if it's profitable anymore though.

don't invest in cloud service, the only thing you can get with maybe a return, is a used miner(antminer s3/s4), but only if you have a cheap electricity

Try lending some btc to reputable people or altcoin trading.

Yeah well... He posted in mining speculation...

If you're not specifically looking for mining, then I guess investing in altcoins, arbing, all sorts of trading is your best bet.

Never, ever gamble though.

First of all, u need to understand, any investment on this earth comes with a risk factor. If u r ready to take the risk, I have a suggestion...

Buying a miner is absolutely unprofitable investment now unless u have very cheap or free electricity. On the other hand, www.CloudMining.website is delivering ROI within 114 days as verified by a third party website tracking earning from various cloud mining companies...

http://www.anony.ws/i/2015/03/02/cmmonitor1.png

Source: http://www.cmmonitor.com/24-cloudmining-website.html

Good long term, stable, and most reliable way to invest is with the site btcjam.com. Choose only A rated requests, and make sure to do some investigation before investing a lot. Also make sure to diversify. Btcjam posts reports stating the average profit from A, B, C, D, and F sellers, and A and B show overall profits, C is very small loss and D and F are losses.
I recommend staying in only A and B though

The downside of BTC Jam in my opinion is there is no protection for investors against fraud. There is no good verification system over there at BTC Jam and unlike legacy lending firms, they dont work with law enforcement.

Well there is arbitration after the loan is done, and if you have a large amount worth going to court with, you can probably get it back that way. I am overall negative, I made the mistake of investing in the C or D ones with high payouts, but I believe some legal work is being done by a user buying up all the notes. Good way to make profit, buy up all the notes at a cheaper price, once the loan has been defaulted, (so about 10 btc or more) then go to court.

I thought BTCJam was very risky to deal with. People with fake profiles.

If you want to lend I recommend on this forum, although it's kinda risky, but high interest(Generally over 10% per day), fast repayment(Mostly under 2 weeks) and the trust and ranking system is what you can usually depend on. I.e. the higher trust score one gets, and the higher ranking that guy is, the more you probably can trust him and less chance of a scam.

Yes, BTCjam is not a good site to lend. But for mining I doubt anyone on this forum will give you the loan .

I would recomend buying an account and using it for signature campaigns. They pay well and it is easy to make your money back quickly. You can PM me if you would like more details about how this works.