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3061  Economy / Gambling / Re: BITDICE - 🎲🎲🎲 7 NEW GAMES HAVE BEEN ADDED 🎰🎰🎰 on: June 20, 2017, 02:03:16 PM


The jackpot prize has been increased to 1.13 BTC as I saw today and it makes me want to hunt it. Who knows if I will be so lucky today. With 10k satoshi if we are lucky we can get 1 Bitcoin. Good luck me and everybody!

The rules to win the Jackpot have changed. Be sure to check the help page for the info which is also shown below:

Quote
If you win the Jackpot, you will receive 90% from the Jackpot amount if your bet was above or equal to 0.01 BTC (Bitcoin) or equivalent value in other supported crypto-currencies.

If your bet was lower than this stipulated amount, you will receive only a percentage of the Jackpot amount. You can calcluate it as WAGER*90/0.01.


But it seems that they have higher basbet to get 90% jackpot. Usually it is around 0.001 right to get full jackpot? Or I wrong about this? And if I wagered around 0.001 I only got 9% of the jackpot? And that is around 0.09. That is pretty low I think, is it just because the 90% instead of 100%?

Yes, with the new formula, it is needed to use 0.01 wager or higher to receive 90% of the jackpot. And it scales down if you wager less according to the formula.

They want the Jackpot to grow higher which is why they made that change.

That is true and I know that is really good to grow huge amount of jackpot to be won by players but this is too much for wagering here. To be honest, I think this is real hard for some people to wagered that amount just to hit the jackpot. And I think this is just not simply to grow the jackpot here
3062  Economy / Gambling / Re: FreeBitco.in - Win free Bitcoins every hour! on: June 20, 2017, 11:20:43 AM
How long freebitco.in give a high amount of Satoshi? Because if it is continue for a long time maybe the freebitco.in was declared of bankruptcy. Due to some users were make it faucets instead of gambling site.

Haha, sir/miss, I believe you misunderstand the point of freebitco.in. The main purpose of freebitco.in IS to be a faucet. It was created with that purpose and continues to be developed with that purpose. Freebitco.in also includes a gambling feature (among other things), but I can assure you that wetsuit has calculated how much to give on the faucet in order to remain profitable while doing so. I highly doubt they will be going bankrupt anytime soon.

nope I think you misunderstood the point of freebitco.in,sir
it is a business that brings money to the owner,so if it is a faucet or a dice site or a space invasion early warning system
it should be profitable to be maintained and developped,freebitcoin as a faucet only has outlived its purpose
there are only that many people around the globe that haven't heard or registered at freebitcoin,it is not profitable to run it is a standard faucet monetised with ads only
so the owner decided to introduce different sources of income for his site: hi/low game,lottery etc. and it is the right thing to do
if he decides that the faucet is no longer needed and is dragging him down,he will dispose of it mercilessly

If I not mistaken here, some of them said that their aource of money is coming from their ads but I do not see that their site is full of ads which I do not really know how can they pay more than 2 btc on each week. If this continues I can guarantee that every week they have more than 5 btc incomes

nope,think the owner pointed out that the majority of the site's income comes from their hi/low game
it is 5% house edge,so it MUST be really profitable,especially when there is such a big players base
the faucet itself cannot be profitable,as there are almost no ads on site
it used to be at least 3 banners,but there was all sort of scam and hyip and virus stuff,that it was easier to remove the whole thing than control it


This is just something that i can't convince yet since i saw nothing on their banner here. Yeah this is quite high for such multiply game and why people keep on playing it here like big whale on huge house edge site? Although they have really good reward on each wagered, i admit it but for a long game they will lose it of course. And btw i do not see any of big whale that really hit big or lose big amount here. How can you so sure about their income? i can't recall that they are saying where their income came from
3063  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: ---🌟🌟🌟 EDGELESS CASINO 🌟🌟🌟--- 0% House Edge, Full transparency | Try beta! on: June 20, 2017, 05:36:08 AM
Edgeless casino... sounds something interesting but also unbelievable. How are you guys supposed to make profit?

We have all the answers like that answered in our White Paper Smiley  -> https://github.com/EdgelessCasino/White_paper/blob/master/White_Paper.pdf

Many people may not be having so much time to go through the full white paper. It will be helpful if you answer those very specific questions then easy and fast to understand. Because 0% house edge very interesting but also want to know how you guys make a profit out of it?

Ok, so profit come from:

1. From the players’ imperfect play.
Blackjack and Video Poker are games of skill and luck. If players make perfect decisions, they will reach a 0% edge. n average, however, a player makes mistakes, so it will give a -0.83% edge to the casino and this 0.83% will be earned from the money wagered.

2. Sports Betting is about connecting players who are betting against each other and taking the facilitation fee to manage the process. The fee depends on the game types, the number of participants, bonuses and more. It is dynamic, floating in the range of 0% - 10%. Approximately 4% is earned from the money wagered.

So, even with 0% of House Edge we could make money but give the equality.



I can agree your sportbetting concept here because it is based on PvP so I think it only cost some fee per game so you might be profit from this. But for imperfect play? What does it really mean here? How can people make an imperfect play here and as I know here every blackjack games will be the same because they sure have huge house edge to get profit from players. And how do players make mistake here? I do not think that players intentionally make any misyake during games
3064  Economy / Gambling / Re: FreeBitco.in - Win free Bitcoins every hour! on: June 20, 2017, 02:49:49 AM
How long freebitco.in give a high amount of Satoshi? Because if it is continue for a long time maybe the freebitco.in was declared of bankruptcy. Due to some users were make it faucets instead of gambling site.

Haha, sir/miss, I believe you misunderstand the point of freebitco.in. The main purpose of freebitco.in IS to be a faucet. It was created with that purpose and continues to be developed with that purpose. Freebitco.in also includes a gambling feature (among other things), but I can assure you that wetsuit has calculated how much to give on the faucet in order to remain profitable while doing so. I highly doubt they will be going bankrupt anytime soon.

nope I think you misunderstood the point of freebitco.in,sir
it is a business that brings money to the owner,so if it is a faucet or a dice site or a space invasion early warning system
it should be profitable to be maintained and developped,freebitcoin as a faucet only has outlived its purpose
there are only that many people around the globe that haven't heard or registered at freebitcoin,it is not profitable to run it is a standard faucet monetised with ads only
so the owner decided to introduce different sources of income for his site: hi/low game,lottery etc. and it is the right thing to do
if he decides that the faucet is no longer needed and is dragging him down,he will dispose of it mercilessly

If I not mistaken here, some of them said that their aource of money is coming from their ads but I do not see that their site is full of ads which I do not really know how can they pay more than 2 btc on each week. If this continues I can guarantee that every week they have more than 5 btc incomes
3065  Economy / Gambling / Re: Investing in btc casinos on: June 20, 2017, 12:07:11 AM
The only site where I have been registered on where I see an option where you can invest in the casino is on yolodice.
But I hear also cryptogames does as well but I am not on there so I can not say how that works and how much they pay out at the end of the investment term you pay into.

But on the one I am on it is a good amount just for depositing into the site's bankroll..
which I play on myself so it is a solid investment for me. Grin
There are lot more sites with investment option(safedice,bitdice,bitvest), you should visit other sites too. diversified investment is a lot better than investing in just one.
AFAIK crypto-games is currently highest bankrolled site with 5000 BTC invested in total.

Yeah that is kind of true, diversify may be one of the best answer to investment but on gambling investment, i believe they will always profitable that is why you do not really need to diversify it more over if you have low bankroll here. If you diversify it again with such a bankroll you will get small amount of money that not even worth a penny
3066  Economy / Gambling discussion / Re: Someone won freebitco.in lottery already? on: June 19, 2017, 11:27:46 AM
It's really rare to see someone able to obtain jackpot !
In other side , if they never provide any jackpot, I think there are something fishy happening...
i think no one won jackpot to this lottery. and i usually roll this game to take small amount for this faucet.. so, i dont hope to much for this lottery..  Cheesy Cheesy

You need to become a whale if you want to obtain whale's prize

This is why they called it jackpot from the start though, because of its rarity. And btw to win some jackpot on here which you mean is lottery first prize is not that easy. But someone spend like 0.06 and get 2 millions tickets and hit it. This is just luck I can say, although you are whale if you do not have luck, you are still not profitable because what you spend is more than what you get on lottery
3067  Economy / Gambling / Re: BetKing.io Relaunch - GET REWARDS - Multi-currency, Create your own app on: June 19, 2017, 10:36:50 AM
What lite said is true. Why you do not make to my bet instead of all bets? I think there are many people that would like to see their own tab instead of all bets. With all bets sometimes we can't even see our own bets there because of that fast rolls.
Actually it's set to my bets, i was kinda wishing it was user select option(stay whatever tab they want to be).

Yeah that is true, whatever they did for now is good because they already prove it that they are really capable of this things. They just need to make exactly the same thing as before and continue to improve it and attract more big whale here and that will ve no problem again. Anyway my bets tab sure okay, so we are not bothering about other people, we can see only our bet there and if there is any event that need to copy paste some id this might be a good thing
3068  Economy / Gambling / Re: Another Bitcoin Dice Game on: June 19, 2017, 09:07:01 AM
Looks good investing in dice site is one if the best ways to collect passive income right now in the Bitcoin world. It's good to see more options and choice. Wouldn't it be better to invest in a higher edge house ? Maybe the higher edge scares customers away ?

Also sice sites need to offer something different these days to survive.

This is true, but first thing you need some good bankroll to put to get your profit, although it is not a guarantee but still in the end all gambling site with house edge will always profitable. The second thing is why bothering to invest it here when you can find some trustable site? That they already been profitable till now?
3069  Economy / Gambling / Re: 🔶 YOLOdice.com 🔶 FAST play/invest, level up, win and have fun! on: June 19, 2017, 05:32:59 AM
Our 3rd Number Hunt Competition just went LIVE!  Come try your hand and win up to 0.10BTC!

https://bitcointalk.org/index.php?topic=1970162.0

Is this same as last time hunt? Everyone can hit as many as they can right? And about the prize? 0.1 for 10 people or 0.1 for each people? It just said that it is up to 0.1 btc but it does not have any statement how much could each person can win here. And is there any minimum odds that we can use?

Btw this competition is really great thing that will attract more people
Each person will win 0.1btc from their standings in the rankings.
So if your name shows up twice then you will get 0.1x2=0.2btc as your prize winnings during this competition.

I have seen a user called dogebettor or something like this have places 1 and 2 for a while since it started.
He has the lowest number at 5 rolled so he is still at 1st place while he lost 2nd place to someone who rolled a number lower than his.
Mind you.. the competition is over when someone gets a 0 which is not easy at all to get.
Only the first 3 places are 0.10BTC prizes, the other 7 prizes are smaller amounts.  I've added a screenshot of the prizes to the BitcoinTalk post.

The competition ends after exactly 1 week, or when 10 "0" applicable roll results occur, whichever is sooner. Smiley

I tried to roll a lower number today but to no avail. Spent my entire bank roll of 0.049btc just today and yesterday
No luck. Sad

So my question is what are the chances of rolling a 0 anyways? Undecided
A one in a million attempt to roll just a number below what it is now at 5-100 or whatever the top ten are at now?

Basically this competition reminds me of those easy looking "ball in bucket" throwing competitions in carnivals to win Teddy bears and other prices.

On the outside its looks extremely easy, until you actually come and try it and end up emptying your entire wallet because you keep thinking the next throw will be a winner


What do you mean here? Are you saying that you are not possibly to win anything here? If this is your saying, I guess you are wrong because last time I profit with them on their competition, lose everything just because of greediness. As always every gamblers is facing this kind of emotion when they are having lose streak
3070  Economy / Gambling / Re: ▂▃▅▆█ BITSLER █▆▅▃▂ 🎁 BURSTCOIN🎁Most Popular Dice & Roulette🎁FORUM 🎁 on: June 19, 2017, 12:06:53 AM
It's great to finally see Burst coin added to Bitsler to gamble with. I also noticed a lot of Burst coin rain once the coin was added and also saw a few people win some Awesome amount of Burst coins. As I hold a nice amount of Burst I'm hoping that by Bitsler adding Burst will help the price and also bring in new players to Bitsler which I believe it already has.

Its good to see another cryptocurrency for the website however I don't really see burst being used much except for the early adopters or maybe the devs of the coin.

Reason being is that its crazy volatile at the moment. It was like 100 Satoshis back in March, then spiked up to 1000 Satoshis and right now its sitting in the middle.

Pretty sure most people won't be selling their BTC for BURST just to gamble it here since the price can change very quickly.

True however since that price spike for Burst coin it has since settled down like you said in the middle and has been a steady price of around 450 to 650 sats so I don't believe it is all that volatile any more. In fact the same could be said about Doge coin as well which is doing very similar to Burst in price, a huge spike and then it's sitting in the middle. Then there is the fact that people can mine Burst cheaply from their free HDD space and then use them to gamble with instead of using BTC to buy Burst coins.

but DOGE has been around for ages and it is connected with the USD price,while BURST is a relatively new coin (compared to doge)
burst mining doesn't require any additional equipment ,neither it wears your hdd down significantly
there are numerous gambling sites that have doge listed as one of the currencies,while burst had one big site only until lrecently
now when Bitsler introduced it,it should add popularity to the coin and increase the price,at least be one of the positive factors
of course,none will be selling btc to convert them into burst to gamble Smiley doesn't make sense
but investing into burst could be a good idea,we saw random altcoins increase their value multiple times,burst could be one of them very soon


Yes this is really great thing if burst price is going up. But I saw for this past days, the price is stagnant, does not have good movement that is why I started to ask myself whether it will just stay the same or may be even lower like doge itself. Doge already been long time traded and gambled but still the price just stay like that
3071  Economy / Gambling / Re: ★Crypto-Games.net ★ 9 coins ★ 7 games ★ Since 2014 ★ Largest Crowdfunded Casino on: June 18, 2017, 12:14:17 PM
Our bankroll reached almost 5.000 Bitcoin (converting all altcoins to BTC), making us the largest crowdfunded crypto casino!   Cool

Yes, indeed this is really great that you really have good bankroll there. But i seldom saw that huge whale come on win some good amount there. And of course on your btc tab not other altcoin because i seldom go there to check. Are you saying that your profit is slowly coming from other altcoin too or just from btc. Really wondering this how can you get this thing sort out?
3072  Economy / Gambling discussion / Re: Someone won freebitco.in lottery already? on: June 18, 2017, 11:21:39 AM
was just wondering if someone here has win some btc on the lottery
playing it since 6 months and never win any lotto, i'm starting to think that the adm manipulate the whole system  Roll Eyes
Considering last week 200.000.000 tickets where bought , I would like to ask you how many tickets you purchased for this lottery , I suppose if you only claim the bonus the answer is not a lot , so think of it , you're playing for 6 months so u participated in roughly 26 lotteries until now , with probably a 0.001 % to win something , I mean you can play for years and most probably you will not win anything , but if you want to increase your chances save your satoshi's you receive for around 3-4 months and after exchange them for lottery tickets.

Someone claim that he won first prize last week
https://bitcointalk.org/index.php?topic=319540.2540


I just wondering how much that he spend there to get that first prize. AFAIK that you need more than 300k tickets just to get into top 3. If I am not wrong on this calculation then we might need to wagered more than 4 btc, and that is pretty hard to get 4 btc if you are not have enough balance to roll there. May be 0.1-1 btc might do to get count into their lottery system
You can click on that link, do some reading and you will find out  Wink
What wagering has to do with lottery?
I can see from his picture he spend 0.06BTC to buy lottery tickets so he was really lucky to win this.
Hm what is strange i think he won this from his first try.

i thought that he was wagering through their multiply games so he can get both, money and tickets to enter the lottery system but instead of that he bought like 2 mil tickets which is really huge amount to become the winner here. So this is really lucky here with 2 mil you can be top 3 i believe. Saw many people that win through this process. That is not really strange though, some of them are just lucky enough to be winner
3073  Economy / Gambling / Re: IMPORTANT ★ Your password may have been stolen!!! on: June 18, 2017, 10:38:45 AM
Happen to me the same  Embarrassed , not big losses because refund me 0,2 btc stolen in a gambling account .

And yes I had the same password in several sites , not now  Undecided

Can you list which sites you had the same password on so we can identify the source of the leak? So far nobody has volunteered to post this info.

Did you use the same password as on Bitcointalk?

Not in bitcointalk , password only for bitcoin dices and gambling sites , I can´t make a list because I am registered in most of them

Now change add 2FA and different pass

Would it be possible to change all your passwords and then list which sites you were registered with using the same username/password combo. This way we would be able to track down the leak.

I am pretty sure its not Bitsler which was pointed out earlier in the beginning of this topic.

But on most sites they sure have this 2FA right? So although they know your password, they wont be able to steal your account or money there because you are protected by 2FA unless they do not put any of this security. And btw Baryom already mentioned it before that they are sure their site is really free of this password stolen and clear everything up so i think all of these things is good already
3074  Economy / Gambling / Re: Investing in btc casinos on: June 18, 2017, 09:51:10 AM
The only site where I have been registered on where I see an option where you can invest in the casino is on yolodice.
But I hear also cryptogames does as well but I am not on there so I can not say how that works and how much they pay out at the end of the investment term you pay into.

But on the one I am on it is a good amount just for depositing into the site's bankroll..
which I play on myself so it is a solid investment for me. Grin

Already checked on so many sites and saw many investor put their investment on many sites. As i can say the best one is still betking for last time, that is because they have really huge bankroll so people can suddenly get huge money there. But to be part of this investment, which is really profitable is to put your investment on crypto-games which is slower but sure profit, bitvest and last one is yolodice. These sites as  i can see have really better future for the investment
3075  Economy / Gambling / Re: DirectBet – LIVE Sportsbook & Racebook. Now Accepting Ether ! on: June 18, 2017, 09:21:46 AM
I would like to present an offer to all directbet players and lovers.
Since directbet has closed, why not you try to become a next of directbet.eu? Why not to open and manage such a site?
As everyone knows and as directbet claims it always remained a most profitable business. So thise who think they have time and can manage why not start your own gambling site?Because house always wins so this will definitely be a most profitable business.

http://www.nairaland.com/3754434/start-own-sports-betting-live
there is only one way to win in gambling and that  is by becoming bookmaker yourself.
Take use of this fantastic offer we are providing now.
Very very low setup cost (pay as much you can affoed for setup) remaining pay from monthly revenue you generate in 6 months.
Very best opportunity to start your own sportsbook plus live casino at very low cost.
email me at : shakuna37@gmail.com and stop losing any amount in gambling in future because house always wins.

it is not that easy to maintain one site like directbet, you can't just remove directbet here just to take one new site and become one of the bookmakers. And more over you need huge bankroll to cover up some loss here. May be your site is good but with low bankroll you have, you can't really maintain site and becoming like directbet here. Just wondering here how long will site like direct bet will coming up again
3076  Economy / Gambling / Re: FreeBitco.in - Win free Bitcoins every hour! on: June 18, 2017, 08:46:12 AM
***The following is my updated algorithm for determining the lottery winners***



Ok, so this uses your already provably fair method for determining rolls.
----------------------------------------------------

                    ~snip~              

Just forget about the provably fair method for lottery.
wetsuit can make false server seed/server hash and other documents for choosing the lottery winner and he can post it publicly. But you have nothing to do here. He can manage everything and if you want to check you found it right.

I'm not raising question about wetsuit honesty.

There is only one way to prove the lottery system is not false. And that is if the lottery winner share their winning with proof here. People may also call it false.

However recently someone share his lottery winning of first prize here. And you can found some more lottery winner if you check all the replies on wetsuit post's. I have found some lottery winner here and posted about them on this thread.
Check here

1. So far I never see anyone posted the proofs on this forum and I don't know the winners. How can I ask them to post the proof? Do you provide the winners contact details for us to ask the proofs?

2. I will wait for your details to be posted on this thread to check. I'm interested in lottery winner choosing process not in the hi-low game. Because that game is fair and never said that it is not fair but the issue is high house edge.

3. I have mentioned in my earlier post that we can buy tickets with free money to try our luck.

I think you don't know about the thread of big wins of freebitco.in. There are a lot of user posted and posting their big win's with proof(screenshot and winning seeds). You are asking about the lottery system. It is properly depends on your luck.     Recently (2 weeks ago) one Sr.member(tomos81) told about his lottery win on the thread. He got the 7th place. You can also find one more winner there. He got the third price a long time ago. A few days ago one legendary(BitcoinBarrel) member of this forum said that he also won the lottery in past.  He got second place and the prize was 1.4 btc. He told about his win on micro earning thread. You can check it here(2nd price winner)
https://bitcointalk.org/index.php?topic=319540.msg19280603#msg19280603

To check the big win's see here( You can found 3 200$ winner post on this thread also)
https://bitcointalk.org/index.php?topic=1850855.0

To check the other 2 user lottery winning post(7th and 3rd price winner)
https://bitcointalk.org/index.php?topic=1850855.140

I think there are a lot of silent lottery winner on this forum who doesn't know about these thread or not willing to share their wins. Freebitco.in is the legendary faucet of bitcoin world. So I don't think they do something wrong/false proof on their site. There is only one problem with the high house edge(5%) of their hi-lo game.

How can they prove if that address even no once? May be some of them already win this but no one ever hit the highest one. Do not know if that is real address or not but it seems that every week they always posted new address with huge amount there. Just wondering if they really have this provably fair system or not on their system. But if i can say if there is no winner better do not need to put any address there so we know only active person there can win some cash
3077  Economy / Gambling / Re: BetKing.io Relaunch - GET REWARDS - Multi-currency, Create your own app on: June 17, 2017, 04:41:45 PM
when I bet the profit shown is inverse to what I have won.

so when im down 20 it shows a profit of 20 and vice versa.

Will get that fixed asap.

Thanks

I can't reproduce this one. Will keep an eye out and see if you can once I put test site back on this weekend.

Latest updates on test site that are finished are:
2fa security (on login, withdrawal, password change, email change)
Transaction history in account page
Withdrawal address white list (per currency).

There's some other technical improvements too and some small bug fixes.

This is what I really want to see on your site, that is 2FA and email confirmation here because it is really useful things when it comes to your security


And about this
Also think I could just maybe have it stay on all bets when you bet. I think I done that on old BetKing but I think Bitdice and some other sites go to my bets when you bet?

What lite said is true. Why you do not make to my bet instead of all bets? I think there are many people that would like to see their own tab instead of all bets. With all bets sometimes we can't even see our own bets there because of that fast rolls.
3078  Economy / Gambling / Re: Primedice | Most Popular, Oldest & Trusted | Huge Community | Free BTC | 🎂 on: June 17, 2017, 04:07:58 PM
special icon where two guys are crossing their swords (it is not gay if you don't look in the eyes and they don't,so its all  cool )   Grin
but seriously,people tend to love achievements,badges,useless ranks and such
think primedice should introduce them ASAP,hero icons will be a step in  the right direction
as there are only VIP and MOD chat badges at the moment +support and admin

But they already have this kind of things right? Achievement and everything that really attractive as I can say. So what do you mean to increase some achievements again? I think badges will be really cool things for each people that win some promotions or may be events and they can be changed whenever they like. This is what I really want to see here

@stunna or any admin here want to ask about yoir advertisement, do you even put it on instagram? Because I saw it on my instagram last time but forgot to capture it
3079  Economy / Gambling / Re: 🔶 YOLOdice.com 🔶 FAST play/invest, level up, win and have fun! on: June 17, 2017, 03:05:28 PM
Our 3rd Number Hunt Competition just went LIVE!  Come try your hand and win up to 0.10BTC!

https://bitcointalk.org/index.php?topic=1970162.0

Is this same as last time hunt? Everyone can hit as many as they can right? And about the prize? 0.1 for 10 people or 0.1 for each people? It just said that it is up to 0.1 btc but it does not have any statement how much could each person can win here. And is there any minimum odds that we can use?

Btw this competition is really great thing that will attract more people
3080  Economy / Gambling / Re: Investing in btc casinos on: June 17, 2017, 12:11:13 PM
Hello!

I've got a few coins on the side and I'd like to make them work.
Which gambling site do you advise me to invest in the bankroll?

You can deposit them on poloniex and use their lending feature. The rates are not stable, but you can easily get an average of 0.15% of your investment. It doesn't sound like much, but depending on the ammount you have to invest, it can be quite profitable. I know it's not  casino but it looks safer so maybe you should consider it as well.

I never use that site to lend money. Just want to know, is there any protection to our money like whether people can take our money and never return? How will they make sure lenders money are safe? At least if our money is safe then we can try this option to earn some profit. But there is not protection for our money and borrowers can cheat us then I don't think it is worth to risk our money for such a small amount of profit.
I prefer to lend money to people that I know and I did it in real world. In online world the only way to profit which I believe is by investing in casinos and learn how to trade, most preferably day trading so you can make active income. Actually investing in casinos are profitable because they are operating with profit, but the money has to be diversified as we cannot determine the future.

You know what. You think its safer lending money to your family and friends but I have found its pretty much the opposite. Usually when you lend money to a friend/family member its usually because they are horrible with money and you will never see it again.

They think that since "We're family" that they don't have to pay you back on time or not pay you back at all. And then it becomes awkard because everytime you see them you keep asking about the money and they keep saying "You'll get it next week"! etc

Friendships end this way.

Actually never lend to your family at any cost, if you want to lend better just give them rather than ask them to pay it back and of course we do not ask them to pay with some interest also. But in this new era, I think you need to get every way to get some extra cash so if you want to get money through this kind of concept, better try to lend it to someone else that willingly to give you interest and of course with some collateral too
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