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Author Topic: Investing Bitcoin help  (Read 1896 times)
Yaseen (OP)
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October 02, 2015, 12:35:36 AM
 #1

Hi I am a newbie to the forum but I have been researching bitcoins for a quite a while now just haven't had the capital to really get into it.i began by using faucets but can now see it is a waste of time.on that note I would like know the most viable and trustworthy Bitcoin investment sites?
gentlemand
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October 02, 2015, 01:20:40 AM
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There are effectively none. There have been some investments that worked out well but that's exceptional. Look elsewhere for gains. There's a ton of threads on this subject.
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October 02, 2015, 01:31:36 AM
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Yeah I'm new too and I can't advise anything of what I've been looking into. Dice investments are risky and you can actually lose money (not sure how considering the house edge if you ask me but it happens all the time from the stats I saw). Then you have P2P lending sites which I've read they are all scams basically. Even if they pay you back, you'll have negligible profits which are not the risk.

Other than campaigns which I haven't tried yet since I'm a newbie (if someone can give some tips it would be great and if it's worthy) I don't see what else one can do except for gambling (not recommended either). Maybe working for bitcoins (hard to find and depend on your skills).
Yaseen (OP)
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October 02, 2015, 01:40:00 AM
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Thanks for the advice I was about to dive into investing
vlajce
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October 02, 2015, 01:40:28 AM
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Yeah I'm new too and I can't advise anything of what I've been looking into. Dice investments are risky and you can actually lose money (not sure how considering the house edge if you ask me but it happens all the time from the stats I saw). Then you have P2P lending sites which I've read they are all scams basically. Even if they pay you back, you'll have negligible profits which are not the risk.

Other than campaigns which I haven't tried yet since I'm a newbie (if someone can give some tips it would be great and if it's worthy) I don't see what else one can do except for gambling (not recommended either). Maybe working for bitcoins (hard to find and depend on your skills).

So the programmers on that websites actually lose money?
mtnsaa
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October 02, 2015, 01:46:28 AM
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Not sure what's up since you suppose that something like Dice or Mines gambling games will be goldmines (pardon the pun) on the long run. Of course there could be some days that the house actually loses money, but over a week or two weeks? What's the point then? I've seen long week stats where you lose 4%, 2%, 8% then one day you win 5% or whatever, it's ridiculous. Having your money for one month in a site like that, maybe you can win IF you are lucky around 1-2% where it should be clearly much more if you have an advantage for a full month.

Maybe someone can explain this better.
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October 02, 2015, 01:52:02 AM
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By investing do you mean those in HYIP? I advice you not to invest in those just in case. They are plain shit that will eventually be gone any time if they want to.

Also there are investments in services like gambling sites etc. You invest in them, you get percentage of profit from the actual income of that service.

Anyway I don't suggest you investing in anything if you don't fully understand how things works. There is a risk in investments and the only investment you can do is buy some coins and hold it in your wallet and then wait for the price of bitcoins to rise until you can get profit from it. Wink
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October 02, 2015, 07:00:18 AM
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you can invest in mining or in a good pos coin with a good rate, both require a solid high investment to begin with, if you want a decent profit

in the first case i would only use hashnest, bit-x and genesis, but only the first oen has s7 i believe

with pos coin diamond seems okish to earn something, but the investment here is bigger than cloud
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October 02, 2015, 07:23:13 AM
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Hi I am a newbie to the forum but I have been researching bitcoins for a quite a while now just haven't had the capital to really get into it.i began by using faucets but can now see it is a waste of time.on that note I would like know the most viable and trustworthy Bitcoin investment sites?

unfortunately there is no good investment nowadays. and other investment options are not easy. and as you have already found out earning bitcoin through faucets is a waste of time.

also investing in any sort of cloudmining service has never been a good idea for two reasons. they are either scam Ponzi schemes or they have the most terrible ROI.

the only option that I have found which works for me is to invest in trading altcoins. it is risky business but the profit is good enough to cover the risks.

Only Bitcoin
Mickeyb
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October 02, 2015, 10:04:13 AM
 #10

Yeah I'm new too and I can't advise anything of what I've been looking into. Dice investments are risky and you can actually lose money (not sure how considering the house edge if you ask me but it happens all the time from the stats I saw). Then you have P2P lending sites which I've read they are all scams basically. Even if they pay you back, you'll have negligible profits which are not the risk.

Other than campaigns which I haven't tried yet since I'm a newbie (if someone can give some tips it would be great and if it's worthy) I don't see what else one can do except for gambling (not recommended either). Maybe working for bitcoins (hard to find and depend on your skills).

So the programmers on that websites actually lose money?

Unfortunately yes! At least the honest developers. Scammers developers don't care since they are here to scam. But honest developers are paying the price of all the scams since people just don't dare to invest no more, after all of the times they were screwed.

It's sad but it's like that. I hope something will change in the future and we will find mechanisms to prevent these scams. So honest people can work and make their living.

And yes, I second all of the opinions above me. There is no good place to invest at the moment.
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October 02, 2015, 10:34:25 AM
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There is no trustworthy bitcoin site that can guarantee a profit except maybe moneypot.com if your jurisdiction allows gambling sites. Investing in gambling sites will allow for a 1% profit over a very long term. Not big but it has a high probability.

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October 02, 2015, 10:31:40 PM
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I don't advice you to invest in Ponzi schemes or alike systems that pop up everyday and post ads here and there, you can lose your money easly and most of them are scammers and thiefs. Try to trade if you have good experience buy altcoins , hold it and sell with good prices, you could make some profit. Or just sell your goods and services for Bitcoin.
mtnsaa
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October 02, 2015, 10:55:28 PM
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Well I have tried altcoins, I still have a couple, but either you buy big (that's a big bet, investing in projects that can be well intended but are mostly hobbies and not real companies) or it doesn't work because of fees. I only invested 20-30 bucks and having to look at prices all day isn't worth it for making a little difference. So unless you are willing to invest between $$$-$$$$ there's no point. Plus you can lose plenty if you are not good at trading...

If you think an altcoin has a great chance to be the next Bitcoin and multiply its value many times, then go ahead and invest a little, but you'll be holding for a long time.
mtnsaa
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October 03, 2015, 12:27:53 AM
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There is no trustworthy bitcoin site that can guarantee a profit except maybe moneypot.com if your jurisdiction allows gambling sites. Investing in gambling sites will allow for a 1% profit over a very long term. Not big but it has a high probability.

To me a gambling site has to make much more than that, something is up. I'm not saying Money Pot is scamming people, I've checked Monero Dice and they are the core members of Monero and the site loses money everyday? There would be no casinos if that's the profit. Perhaps in a month of investing lets say you get 1% like you mentioned. Investing 1-10 BTC then it's not worth the risk nor the trouble really. And less than that really what's the point?
RealBitcoin
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October 03, 2015, 06:08:48 AM
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Check out maybe my catalog and learn from there:

https://bitcointalk.org/index.php?topic=1136572.0

iram66680
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October 03, 2015, 06:17:06 AM
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There is no trustworthy bitcoin site that can guarantee a profit except maybe moneypot.com if your jurisdiction allows gambling sites. Investing in gambling sites will allow for a 1% profit over a very long term. Not big but it has a high probability.

To me a gambling site has to make much more than that, something is up. I'm not saying Money Pot is scamming people, I've checked Monero Dice and they are the core members of Monero and the site loses money everyday? There would be no casinos if that's the profit. Perhaps in a month of investing lets say you get 1% like you mentioned. Investing 1-10 BTC then it's not worth the risk nor the trouble really. And less than that really what's the point?
The problem with Bitcoin sites that allows investment is that they can easily cheat the user by betting against themselves and they could in theory win as they could predict the results. As said, it is a very long term, it would be much more than a month even if a whale comes and wipe a good portion. Another whale is going to lose that money due to the table limit. Moneypot.com imo is quite trusted and i have made more than 1% on it already.

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October 03, 2015, 05:50:12 PM
 #17

Hi I am a newbie to the forum but I have been researching bitcoins for a quite a while now just haven't had the capital to really get into it.i began by using faucets but can now see it is a waste of time.on that note I would like know the most viable and trustworthy Bitcoin investment sites?
You really shouldn't be looking into investing if you have little or no money to begin with.  Get a job, offline or online and use the money that you made to purchase some bitcoins.
With a low balance you could try and gamble on dice sites like sharpdice.
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October 03, 2015, 06:32:42 PM
 #18

There are some things you can do that can give you passive earnings with bitcoin:

1. Create your own faucet.
2. Invest your money in a bankroll on gambling sites.
3. Invest in a legitimate a cloud mining service that offers its users to trade their shares. Use your shares and trade it once it appreciates in value.
4. Buy and hold bitcoins.
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October 03, 2015, 06:40:59 PM
 #19

I would like know the most viable and trustworthy investment sites?

If You will invest Euro and have about 20% in euro at year in European Company of p2p lending - check Estonian market.

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October 03, 2015, 06:46:57 PM
 #20

There are effectively none. There have been some investments that worked out well but that's exceptional. Look elsewhere for gains. There's a ton of threads on this subject.
as above, no website will give safe you passive gains
get a real job and then buy bitcoins with that AS investment Smiley
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