bitcoin investing

[jaysabi]

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?

Investing bitcoin is risky I wont deny it but it is worth all the risk because it pays off more than you expected when it is done right.

Buying bitcoin isn't "investing," it's speculating. There's no business that underlies bitcoin, so it doesn't generate income or profit. Speculating is always more risky than investing in an actual business or company.

Would you say there is a strong business supporting gold ?
True, some people use it as jewllery and it has some industrial use, but most of people who buy it, hold it as an investment or inflation hedge.
There are some people who trade gold (or derivatives based on gold) as a speculation.

Isn't it similar with bitcoin ?

Similar in that gold "investing" is also speculative, but gold also has a long and reliable history of serving as a hedge against inflation. Nothing could be further from the truth for bitcoin, which is highly volatile and has fallen more than 70% in the last three years.

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[Lasergun]

How do you think guys, should I invest to NVC (the price is very sweet now)? It is trading on BTC-e, gives ~25%/year from PoS mining and as main holders say, developing of NVC-antispam mechanism with mail server should significantly increase capitalization soon.

[pitham1]

How do you think guys, should I invest to NVC (the price is very sweet now)? It is trading on BTC-e, gives ~25%/year from PoS mining and as main holders say, developing of NVC-antispam mechanism with mail server should significantly increase capitalization soon.

Another alt? People have now learnt to recognize the various pumps and dumps.
Unless the alt has a very innovative idea, people wouldn't give it a second look.

[Lasergun]

Another alt? People have now learnt to recognize the various pumps and dumps.
Unless the alt has a very innovative idea, people wouldn't give it a second look.

It is an old alt and a dump time is finished in 2014.
The idea of developing NVC-antispam mechanism is to increase the costs of sending spam and make it ineffective. With each message the digital stamp (a small payment from NVC PoS reward) is sent, and the proof of payment is attached to the message. Messages without this stamp are considered as a spam, and the optional reply can be forwarded to the sender, explaining why his message was rejected. There also a whitelist where legitimate senders could be added manually so that they don't require a stamp.

[jaysabi]

How do you think guys, should I invest to NVC (the price is very sweet now)? It is trading on BTC-e, gives ~25%/year from PoS mining and as main holders say, developing of NVC-antispam mechanism with mail server should significantly increase capitalization soon.

If the coin serves no market purpose, you should stay away from it. 99% of all alts are on a slow death march to zero. Litecoin might be the only alt that survives. Gimmicks like PoS mining and "antispam" are flashy ideas up until they prove inconsequential and fail because the coin ultimately doesn't solve a problem left unaddressed by any of the real players in the crypto space.

[isvicre]

Bitcoin may be counted as investment itself because of technology behind it.
Also I don't suggest go other alt-coins. They will be all dead in sometime other than btc.

[morantis]

Bitcoin and standard investing needs a decent amount of liquid to get started and turn a true profit.  Think about this.  Although the movies like to make you think that this is the magic key, it is not for a smaller investor.  Say you had $200 a month ago and bought a single BTC.  While the BTC is much, much higher, you would have only made $120(approx) in the last thirty days.  That is not going to get anyone rich.

The same is true of stocks.  In order to really make money you need to either invest a great deal or have the time to wait.  Years ago, buying a BTC at $9 and then waiting until the BTC was $600 would have been a larger payout of $600, it is still not enough to get rich.  However, $250 invested years ago at $9 per BTC would have given you 27 BTC and at $600 per BTC a profit of nearly $16,000. 

The point is that a small investment over a short period of time will not return a great deal.  You need money to make money.  That or the time to wait.

[bct-user]

Bitcoin may be counted as investment itself because of technology behind it.
Also I don't suggest go other alt-coins. They will be all dead in sometime other than btc.

you right, altcoin is mostly turn into shitcoin in the end, bitcoin is better, it will go mainstream.

bitcoin counted as investment because the supply is limited, it's like a gold but digital and of course the demand grow.

[bitmarket.net]

Bitcoin and standard investing needs a decent amount of liquid to get started and turn a true profit.  Think about this.  Although the movies like to make you think that this is the magic key, it is not for a smaller investor.  Say you had $200 a month ago and bought a single BTC.  While the BTC is much, much higher, you would have only made $120(approx) in the last thirty days.  That is not going to get anyone rich.

The same is true of stocks.  In order to really make money you need to either invest a great deal or have the time to wait.  Years ago, buying a BTC at $9 and then waiting until the BTC was $600 would have been a larger payout of $600, it is still not enough to get rich.  However, $250 invested years ago at $9 per BTC would have given you 27 BTC and at $600 per BTC a profit of nearly $16,000. 

The point is that a small investment over a short period of time will not return a great deal.  You need money to make money.  That or the time to wait.

It is true that bitcoin liquidity is still low, comparing to some blue chips stocks and other assets, but I think it's getting better all the time.
The volume on most of exchanges jumped up significantly last week and with some skill and patience, buying or selling few thousands of bitcoins was certainly possible.

[Djisamsoe]

Bitcoin may be counted as investment itself because of technology behind it.
Also I don't suggest go other alt-coins. They will be all dead in sometime other than btc.

Yes and no It is investment, but Bitcoin is first and in any moment can come Bitcoin 2.0 with better technology and with experience of Bitcoin 1.0 better prepered to conquer markets and break through the mainstream.. and then everyone will foget about Bitcoin and you can forget about your investment .. It is risky business.. and very risky investment..

[makcik]

Bitcoins are a growing currency. Their rates are increasing day by day now. So, investing in bitcoins can turn out to be fruitful in future when the rates will get increased more. But, investment should be done by thinking twice as if rates of bitcoins got decreased you may get loss, so It's recommended that you invest little amount for the first time and then if you find it profitable you may go ahead to invest more.

[crazyivan]

Bitcoin and standard investing needs a decent amount of liquid to get started and turn a true profit.  Think about this.  Although the movies like to make you think that this is the magic key, it is not for a smaller investor.  Say you had $200 a month ago and bought a single BTC.  While the BTC is much, much higher, you would have only made $120(approx) in the last thirty days.  That is not going to get anyone rich.

The same is true of stocks.  In order to really make money you need to either invest a great deal or have the time to wait.  Years ago, buying a BTC at $9 and then waiting until the BTC was $600 would have been a larger payout of $600, it is still not enough to get rich.  However, $250 invested years ago at $9 per BTC would have given you 27 BTC and at $600 per BTC a profit of nearly $16,000. 

The point is that a small investment over a short period of time will not return a great deal.  You need money to make money.  That or the time to wait.

It is true that bitcoin liquidity is still low, comparing to some blue chips stocks and other assets, but I think it's getting better all the time.
The volume on most of exchanges jumped up significantly last week and with some skill and patience, buying or selling few thousands of bitcoins was certainly possible.

I personally expect much more from BTC once it gets to the point where BTC companies get to be traded on major stock exchanges. Somehow I expect more positive influence to the price once major investment funds get interested in crypto then simple discussing whether an average Joe s going to buy his toaster using BTC or FIAT. BTC is a financial derivative and it s about time for global financial markets to start investing into crypto economy.

[Miracal]

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

Personally, i prefer to invest in just botcoins as opposed to investing in stocks or mutual funds. The returns are not predictive yet the risk factor can be judged better with bitcoins. just saying..

[Betwrong]

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 want to invest in Bitcoins the best time to do it IMO will be today after the USMS will hold the final auction for 44,341 bitcoin seized from Silk Road. The price of BTC will drop to the mark from which it only will be rising in the future.

[Lasergun]

Bitcoin may be counted as investment itself because of technology behind it.
Also I don't suggest go other alt-coins. They will be all dead in sometime other than btc.

Yes and no It is investment, but Bitcoin is first and in any moment can come Bitcoin 2.0 with better technology and with experience of Bitcoin 1.0 better prepered to conquer markets and break through the mainstream.. and then everyone will foget about Bitcoin and you can forget about your investment .. It is risky business.. and very risky investment..

But what if you are wrong, and bitcoin 1.0 will not die, but will become like retro car? In this case, invested funds will be significantly multiplied...

[Zaun]

Invest into bitcoin?

It's better to buy BTC and hold on to it, or mine it

[Djisamsoe]

Bitcoin may be counted as investment itself because of technology behind it.
Also I don't suggest go other alt-coins. They will be all dead in sometime other than btc.

Yes and no It is investment, but Bitcoin is first and in any moment can come Bitcoin 2.0 with better technology and with experience of Bitcoin 1.0 better prepered to conquer markets and break through the mainstream.. and then everyone will foget about Bitcoin and you can forget about your investment .. It is risky business.. and very risky investment..

But what if you are wrong, and bitcoin 1.0 will not die, but will become like retro car? In this case, invested funds will be significantly multiplied...

It is just my theory. I'm here with Bitcoin and i will stay with him But im sure that somewhere there is some "BTCrothschield" who think about something like this. Few days ago was some gossip about CITIcoin.. I'm sure that "banksters" will be trying some tricks.  

[n2004al]

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 found recently (about two weeks ago) a very interesting way to invest bitcoin. I am actually in the phase of testing it investing very few bitcoin (only one). Everything seems very correct. In the exact hour and minute in my account is credited the everyday interests. Are people who have invested thousand hundred us dollar (because can be invested in bitcoin and us dollar) and are people with more than thousand referrals. There are huge amount of data about everything have to do with the site (business) and to many testimonials from various investors. Is declared even the source of their profits. It is online for about 5 years and has about 9 year of development since its conception as a business model. Has withdrew millions of us dollars since its beginning. To many other words to tell but better see and read with your eyes (if you would be interested). PM me (if interested) to send the reflink.

[StevenLiang]

Bitcoin may be counted as investment itself because of technology behind it.
Also I don't suggest go other alt-coins. They will be all dead in sometime other than btc.

Yes and no It is investment, but Bitcoin is first and in any moment can come Bitcoin 2.0 with better technology and with experience of Bitcoin 1.0 better prepered to conquer markets and break through the mainstream.. and then everyone will foget about Bitcoin and you can forget about your investment .. It is risky business.. and very risky investment..

But what if you are wrong, and bitcoin 1.0 will not die, but will become like retro car? In this case, invested funds will be significantly multiplied...

We cannot really know the future 100%. But in history, all first version will be renewed. And i dont know about BTC. I also not really believes BTC will just 21 millions in total.

At least, keep your mind open.

[avw1982]

Bitcoin may be counted as investment itself because of technology behind it.
Also I don't suggest go other alt-coins. They will be all dead in sometime other than btc.

Yup Alt coins are wasting investment. Putting investment in alt coins are like you itself digging land for your burial. so I would suggest Bitcoin for your future invesment Its sure Its worth for money. but not alt coins as you said.