phillip1882 (OP)
Newbie
Offline
Activity: 41
Merit: 0
|
|
May 27, 2015, 06:41:32 PM |
|
so, what id like to do is invest bitcoins to a stock or mutual fund account, but am not sure the best way to go about it. any tips/advice?
|
|
|
|
The Bad Guy
|
|
May 27, 2015, 06:45:20 PM |
|
so, what id like to do is invest bitcoins to a stock or mutual fund account, but am not sure the best way to go about it. any tips/advice?
I'd say Using Bitcoin is investing it self , you can buy more bitcoins and hold them , It's just a matter of time before the price of Bitocin will rise once again , and if it dosen't happen for long time , it will happen the end of the next year when the next halving block reward happens but it depends on the price just before it . And if you want to go with stock , then there is "eToro" it's a famous website to invest on stocks and legit . I guess you can deposit using Bitcoins , not sure tho never tested it . good luck mate
|
|
|
|
aso118
Legendary
Offline
Activity: 1918
Merit: 1012
★Nitrogensports.eu★
|
|
May 28, 2015, 01:02:44 AM |
|
so, what id like to do is invest bitcoins to a stock or mutual fund account, but am not sure the best way to go about it. any tips/advice?
I don't think there are any bitcoin mutual funds, yet. Buy and hold strategy with respect to Bitcoin is more popular, than investing it.
|
|
|
|
EternalWingsofGod
|
|
May 28, 2015, 05:11:11 AM |
|
so, what id like to do is invest bitcoins to a stock or mutual fund account, but am not sure the best way to go about it. any tips/advice?
There is one that I remember but they require a signifcant amount of capital the hedgable article from last year. Hedgeable Offers 'Free Bitcoin to Every American' in Investor Promotion The promotion is part of a multi-stage rollout of bitcoin services at the company, which has integrated its platform with bitcoin services provider Coinbase. The company's Plus Program requires a minimum $25,000 investment, and associated fees can be paid with bitcoin. Bitcoin investments are currently not available with its $5,000 basic investment program. Throughout the conversation, Kane stressed that, while its account may require a sizable upfront investment, its target market is average investors, those who have between $50,000–$200,000 to invest. "The average client with us has $250,000, that's actually the average account size in America. However, if you have $200,000, you're really in the dark, most high-quality investment solutions are $250,000 and up," he said. http://www.coindesk.com/hedgeable-offers-free-bitcoin-every-american-investor-promotion/Otherwise you can wait for the Winkeveli ETF and then by some stock when it gets released on the Nasdaq in the future. http://insidebitcoins.com/news/winklevoss-bitcoin-etf-still-on-track-in-addition-to-gemini-exchange/29373
|
|
|
|
Dotakels
|
|
May 28, 2015, 05:18:42 AM |
|
so, what id like to do is invest bitcoins to a stock or mutual fund account, but am not sure the best way to go about it. any tips/advice?
I don't think there are any bitcoin mutual funds, yet. Buy and hold strategy with respect to Bitcoin is more popular, than investing it. Yeah thats right its better to buy and hold until the price of bitcoin become high and you can sell it. Its better than to invest because in investing you have a chance to loss your coins but in buy and hold you can assure that your coins will not be loss.
|
|
|
|
expert4knowledge
|
|
May 28, 2015, 05:33:01 AM |
|
I do agree with other guys too and I think it is more reasonable to buy and hold bitcoin, please keep in mind there is not any regulation about bitcoin and it makes mutual funding more complicated
|
|
|
|
techgeek
|
|
May 28, 2015, 06:35:27 AM |
|
I do agree with other guys too and I think it is more reasonable to buy and hold bitcoin, please keep in mind there is not any regulation about bitcoin and it makes mutual funding more complicated
Yeah no regulation on bitcoin just yet. As soon as with the whole nasdaq wanting bitcoin and people see more as a investment tool, then its going to be taxed one way or the other similar to bonds and stocks.
|
|
|
|
anderson00673
|
|
May 28, 2015, 07:08:23 AM |
|
I am not sure I see the point in using bitcoin to buy stocks or mutual funds. I think its better and simpler to just use whatever fiat you have. If you buy shares in a mutual fund or stock you are paying currency to purchase them. Either bitcoins or fiat will buy the same number of shares. If you already have a ton of bitcoins I still think it would be easier to just change them to currency and then use that to invest. There are so many option available with fiat.
|
|
|
|
Amph
Legendary
Offline
Activity: 3248
Merit: 1070
|
|
May 28, 2015, 07:16:53 AM |
|
I do agree with other guys too and I think it is more reasonable to buy and hold bitcoin, please keep in mind there is not any regulation about bitcoin and it makes mutual funding more complicated
Yeah no regulation on bitcoin just yet. As soon as with the whole nasdaq wanting bitcoin and people see more as a investment tool, then its going to be taxed one way or the other similar to bonds and stocks. well they had already taxed it on the capital gain, it won't be much different here, the rule still apply
|
|
|
|
Miracal
|
|
May 28, 2015, 08:32:16 AM |
|
I do agree with other guys too and I think it is more reasonable to buy and hold bitcoin, please keep in mind there is not any regulation about bitcoin and it makes mutual funding more complicated
Yeah no regulation on bitcoin just yet. As soon as with the whole nasdaq wanting bitcoin and people see more as a investment tool, then its going to be taxed one way or the other similar to bonds and stocks. I think American has some sorts of regulation to bitcoin related business, such as AML and KYC. If you want to buy stock using bitcoin, you can have a look at this one https://1broker.com/.
|
|
|
|
victoryboy
|
|
May 28, 2015, 09:25:04 AM |
|
Best thing is to invest in Bitcoin not to invest Bitcoin in something else.Bitcoin's price for sure will rise in future at least 4X comparing to current prices.So if you already have invested in Bitcoin no further investment need just hold and see.
|
|
|
|
bornil267645
|
|
May 28, 2015, 11:07:40 AM |
|
With the amount of bitcoins the small users (I am guessing you are one of them, if not, then pardon me) do own, we don't have much of a choice in terms of investing. The only thing we can do is to play safe and grow our coins overtime.
|
|
|
|
Unbelive
Full Member
Offline
Activity: 210
Merit: 100
Invest & Earn: https://cloudthink.io
|
|
May 28, 2015, 02:10:25 PM |
|
so, what id like to do is invest bitcoins to a stock or mutual fund account, but am not sure the best way to go about it. any tips/advice?
I don't think there are any bitcoin mutual funds, yet. Buy and hold strategy with respect to Bitcoin is more popular, than investing it. I agree. With bitcoin you have chance to make keep them almost 100% safe, if you follow some instructions. When you invest bitcoins or fiat anywhere you give them to someone else and you are depending on their security or whatever. Your risk will highly increase, so make sure i you will get a lot for it.
|
|
|
|
Dotakels
|
|
May 28, 2015, 04:03:21 PM |
|
so, what id like to do is invest bitcoins to a stock or mutual fund account, but am not sure the best way to go about it. any tips/advice?
I don't think there are any bitcoin mutual funds, yet. Buy and hold strategy with respect to Bitcoin is more popular, than investing it. I agree. With bitcoin you have chance to make keep them almost 100% safe, if you follow some instructions. When you invest bitcoins or fiat anywhere you give them to someone else and you are depending on their security or whatever. Your risk will highly increase, so make sure i you will get a lot for it. Yeah but have a great chance of loss. So that don't give up even if you loss some of your coins. All business man or woman are having a wrong things or decision in their business but they still keeping and not giving up so that they are successful business man or woman now.
|
|
|
|
sdmathis
|
|
May 28, 2015, 06:52:49 PM |
|
so, what id like to do is invest bitcoins to a stock or mutual fund account, but am not sure the best way to go about it. any tips/advice?
If you're interested in equities (either in the form of stocks or mutual funds), you might as well just invest your fiat. If you are interested in investing in Bitcoin, however, you might try lending through a P2P site or investing in a gambling site (your own, not someone elses). If you use your imagination, there are plenty of opportunities.
|
|
|
|
Dotakels
|
|
May 29, 2015, 04:52:47 AM |
|
so, what id like to do is invest bitcoins to a stock or mutual fund account, but am not sure the best way to go about it. any tips/advice?
If you're interested in equities (either in the form of stocks or mutual funds), you might as well just invest your fiat. If you are interested in investing in Bitcoin, however, you might try lending through a P2P site or investing in a gambling site (your own, not someone elses). If you use your imagination, there are plenty of opportunities. Yeah in investing bitcoins theres so many opportunities that you can get any time. You must only pick or choose one that is great and better than the others. Theres so many site that you may invest.
|
|
|
|
Amph
Legendary
Offline
Activity: 3248
Merit: 1070
|
|
May 29, 2015, 07:05:57 AM |
|
With the amount of bitcoins the small users (I am guessing you are one of them, if not, then pardon me) do own, we don't have much of a choice in terms of investing. The only thing we can do is to play safe and grow our coins overtime.
i think we are talking about using fiat and invest in bitcoin, not using only bitcoin to invest for growing your total coins so if you don't have enough bitcoin, just buy more with your fiat
|
|
|
|
Bitdonator
Legendary
Offline
Activity: 1223
Merit: 1002
|
|
May 29, 2015, 10:15:23 AM |
|
Try 1broker.comYou can use bitcoin to trade oil, gold, fiat currency pairs, or buy Google, Apple or facebook stocks and get dividends
|
|
|
|
ammy009
|
|
May 29, 2015, 10:21:12 AM |
|
so, what id like to do is invest bitcoins to a stock or mutual fund account, but am not sure the best way to go about it. any tips/advice?
I'd say Using Bitcoin is investing it self , you can buy more bitcoins and hold them , It's just a matter of time before the price of Bitocin will rise once again , and if it dosen't happen for long time , it will happen the end of the next year when the next halving block reward happens but it depends on the price just before it . And if you want to go with stock , then there is "eToro" it's a famous website to invest on stocks and legit . I guess you can deposit using Bitcoins , not sure tho never tested it . good luck mate I agree with you
|
|
|
|
aysha985343
Newbie
Offline
Activity: 42
Merit: 0
|
|
May 29, 2015, 10:42:07 AM |
|
if you have enough fiat that you dont need. best bet is to buy bitcoins with it, wait for it to be about 290 then sell. no matter what speculation you might hear. just sell them.
but of course you need a substantial amount of btc to be able to have a 150% ROI that is decent enough
|
|
|
|
|