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Author Topic: I've got $20k to invest. Please recommend!  (Read 78293 times)
soyab0007
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June 18, 2016, 10:21:28 AM
 #441

it was better to invest when rate was $450

Yes if he buy it his $20k from that price im pretty sure that he gets big profit right now because the price of the bitcoin is getting near to $800.

Now he would have got twice the profit, plus after halving it will be more and more
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June 18, 2016, 11:28:24 AM
 #442

u could invest in bitcoin mining. at long turn it is the most profitable oppertunity you have.
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June 18, 2016, 11:42:07 AM
 #443

Meh... The only ones that truely made money with mining are the ones that firstly invested in asics and the miner chip makers.
Mining is a field with intense competition where some of them don't even pay electricity, with these conditions I would be surprised even to get even when investing in mining.

IMO the best way to invest on bitcoins is 1) to keep them and enjoy the enventual rise of price 2) to invest in some dicesites which have good ROI (but you're never truely same since they can close at anytime and you can also lose money in short term).



.
.BIG WINNER!.
[15.00000000 BTC]


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Rainbot
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June 18, 2016, 12:06:29 PM
 #444

Invest it on mining Smiley

I think mining is not a good choice right because the halving is near and if halving has been done it will be harder for miners to mine bitcoin.

Maybe mining not a good choice after halving, the reward is lowered by half. I think current reward is 25 BTC and after halving will become 12.5 BTC? If that will happen, mining will be difficult, not profitable maybe. If after halving and the BTC price will double, then its just the same as usual as if nothing happens. But there are also improvement on mining hardware as the antminer release the S9 and theres also a new GPU from AMD the R9 480x?

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June 19, 2016, 05:30:57 PM
 #445

Invest it on mining Smiley

I think mining is not a good choice right because the halving is near and if halving has been done it will be harder for miners to mine bitcoin.

Maybe mining not a good choice after halving, the reward is lowered by half. I think current reward is 25 BTC and after halving will become 12.5 BTC? If that will happen, mining will be difficult, not profitable maybe. If after halving and the BTC price will double, then its just the same as usual as if nothing happens. But there are also improvement on mining hardware as the antminer release the S9 and theres also a new GPU from AMD the R9 480x?

Gpu minning cannot be profitable for bitcoin mining in a large farm ... Asics chips are way too efficient to beat. The only advantage of GPUs is that they are easier to sell or can be used for gaming so it's not such a loss like outdated asics miners. Gpu can be used to mine other currencies, which can be exchanged for bitcoins.



.
.BIG WINNER!.
[15.00000000 BTC]


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Rainbot
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June 19, 2016, 05:41:49 PM
 #446

To be honest, I wouldn't really try to invest $20k into BTC for profit.
It is very volatile. Though I would suggest Stock Market & ETCs which can also be very volatile, and often also have a loss position.

I got a hint once: Analyse your local market first and speculate about their future well being. Once you hit a thought, which could be rentable you can look up other opinions in the internet.

U can start with simulating, or just go full ham.
I can also recommend reddit.com/r/wallstreetbets .

Greetings
TiRoX
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June 19, 2016, 05:57:45 PM
 #447

To be honest, I wouldn't really try to invest $20k into BTC for profit.
It is very volatile. Though I would suggest Stock Market & ETCs which can also be very volatile, and often also have a loss position.

I got a hint once: Analyse your local market first and speculate about their future well being. Once you hit a thought, which could be rentable you can look up other opinions in the internet.

U can start with simulating, or just go full ham.
I can also recommend reddit.com/r/wallstreetbets .

Greetings
TiRoX

Volatility brings profit to the table. If you invested $20K some months ago you would have made yourself a huge profit if you kept holding till now. It's the time of investing that matters the most. If that is right then you can make yourself a nice profit every year.
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June 19, 2016, 07:53:35 PM
 #448

Meh... The only ones that truely made money with mining are the ones that firstly invested in asics and the miner chip makers.
Mining is a field with intense competition where some of them don't even pay electricity, with these conditions I would be surprised even to get even when investing in mining.

IMO the best way to invest on bitcoins is 1) to keep them and enjoy the enventual rise of price 2) to invest in some dicesites which have good ROI (but you're never truely same since they can close at anytime and you can also lose money in short term).

Can you suggest some trusted dice sites?
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June 19, 2016, 08:01:55 PM
 #449

Meh... The only ones that truely made money with mining are the ones that firstly invested in asics and the miner chip makers.
Mining is a field with intense competition where some of them don't even pay electricity, with these conditions I would be surprised even to get even when investing in mining.

IMO the best way to invest on bitcoins is 1) to keep them and enjoy the enventual rise of price 2) to invest in some dicesites which have good ROI (but you're never truely same since they can close at anytime and you can also lose money in short term).

Can you suggest some trusted dice sites?
https://dicesites.com/
This website compares all dice sites (some of them have invest options and others don't). I would advise you two things.
1) Compare their activity, their wagered per day (very important) and the amount already invested (bigger invested amounts usually lead to less volatility but also usually have less return). With this data you can easily have an idea of how much you can win.
2) Ideally you should diversify between 2 or more sites. Some of these sites are online since a few years, but you still depend on their owner (If they wanted they could withdraw everything). Plus diversifying reduces the risk of a hard blow from a whale player.



.
.BIG WINNER!.
[15.00000000 BTC]


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Rainbot
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June 19, 2016, 08:02:24 PM
 #450

you just should buy bitcoin and chill for another Price increase Wink

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June 19, 2016, 10:11:45 PM
 #451

Wagered means, amount already gambled?
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June 20, 2016, 04:26:46 PM
 #452

Wagered means, amount already gambled?
It's the amount betted on the website. Wagered per day, for instance is how much bitcoins were betted by everyone in the website.
The expected profit in the long term should be proportional to the wagered. It is probably the most important parameter to take into account.



.
.BIG WINNER!.
[15.00000000 BTC]


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Rainbot
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June 21, 2016, 01:38:30 AM
 #453

Wagered means, amount already gambled?
It's the amount betted on the website. Wagered per day, for instance is how much bitcoins were betted by everyone in the website.
The expected profit in the long term should be proportional to the wagered. It is probably the most important parameter to take into account.
And for me, the gambling websites with the most wagered will give you a good chance of profit if you will invest on them. Your only concern then is how trusted is this site because you are already guaranteed with a profit when you invested.

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June 21, 2016, 02:07:10 AM
 #454

I suggest you to make trades. although a small advantage but this work is not a big risk. even if you lose, the loss just a little. I've tried and I managed to run this job.
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June 21, 2016, 10:55:59 AM
 #455

Wagered means, amount already gambled?
It's the amount betted on the website. Wagered per day, for instance is how much bitcoins were betted by everyone in the website.
The expected profit in the long term should be proportional to the wagered. It is probably the most important parameter to take into account.
And for me, the gambling websites with the most wagered will give you a good chance of profit if you will invest on them. Your only concern then is how trusted is this site because you are already guaranteed with a profit when you invested.
The most wagered is a good indicator, but it doesn't tell you if the site has been active lately. In the website I posted earlier, you can check the wagered amount each day. It gives a good idea of what website is the most active lately.



.
.BIG WINNER!.
[15.00000000 BTC]


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Rainbot
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June 21, 2016, 03:08:30 PM
 #456

That is a lot of money to invest but it wont be that smart to make some investment now in Bitcoin and that is because Bitcoin started already to rise so that is quite nice.
But of course it should be nice if there will be more people that is having some profit with Bitcoin.
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June 21, 2016, 06:12:57 PM
 #457

I suggest you to make trades. although a small advantage but this work is not a big risk. even if you lose, the loss just a little. I've tried and I managed to run this job.

Trading is a very good way the only downside is that it has some risks and due to that you can lose some big amount.
Keep in mind if you are trading you need a good strategy.
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June 21, 2016, 06:24:31 PM
 #458

I suggest you to make trades. although a small advantage but this work is not a big risk. even if you lose, the loss just a little. I've tried and I managed to run this job.

Trading is a very good way the only downside is that it has some risks and due to that you can lose some big amount.
Keep in mind if you are trading you need a good strategy.
yeah if you have a good strategy you can make a lots of profit and you can control the market so that you can not lose too much..

Decided to end it with zer0 profit.
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June 21, 2016, 08:09:06 PM
 #459

That is a lot of money to invest but it wont be that smart to make some investment now in Bitcoin and that is because Bitcoin started already to rise so that is quite nice.
But of course it should be nice if there will be more people that is having some profit with Bitcoin.

I would not advice to go all in with bitcoin. Invest a part of your money in bitcoin and look into gold, forex or stocks. With the potential fear of Brexit for example you can earn on a
a yes < Shorting the GBP
a no > buying GBP
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June 21, 2016, 09:05:10 PM
 #460

That is a lot of money to invest but it wont be that smart to make some investment now in Bitcoin and that is because Bitcoin started already to rise so that is quite nice.
But of course it should be nice if there will be more people that is having some profit with Bitcoin.

I would not advice to go all in with bitcoin. Invest a part of your money in bitcoin and look into gold, forex or stocks. With the potential fear of Brexit for example you can earn on a
a yes < Shorting the GBP
a no > buying GBP
Lol why bother with financial tools for such a decision ? Just do to a betting website and bet about it. It is cheaper, faster and is not prone to other parameters.



.
.BIG WINNER!.
[15.00000000 BTC]


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