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Author Topic: I've got $20k to invest. Please recommend!  (Read 78293 times)
Newcoins2020
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September 21, 2016, 02:07:06 PM
 #641

Invest the 20k into bitcoin and then you will see alot of money back in 5years I am expecting bitcoin to grow 5x the value in 5 years so that would mean 20k would be made 100k. and then you can invest in more different stuff with the 100k
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September 21, 2016, 04:06:52 PM
 #642

10-15% in a bank? Really?! You wouldn't like that Smiley?

Here they cut interest rate to under 1% so it's hard for me to believe you actually did any research and found a bank that gives you 10% interest on your money....

In stocks you can only hope to get 8%
DomesticTrader
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September 21, 2016, 09:06:18 PM
 #643

With 20k you can do a lot but I think that investing is not the right thing to do right now better hold your money ready for an other moment.
I would honestly wait on a better lower price right now.
Iceborn
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September 21, 2016, 09:08:04 PM
 #644

With 20k you can do a lot but I think that investing is not the right thing to do right now better hold your money ready for an other moment.
I would honestly wait on a better lower price right now.

You are right, I also would not invest it right now because of the price you can indeed better wait on a good price.
Soon or later the price will lower and than you can buy a nice amount of bitcoins without any doubts.
YTBitcoin
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September 21, 2016, 11:11:28 PM
 #645

With 20k you can do a lot but I think that investing is not the right thing to do right now better hold your money ready for an other moment.
I would honestly wait on a better lower price right now.

I think investing is better for any age if someone will wait for good time for his investment then he will be fool as we do not have to wait for the investment but have to invest as taking risk can meet us to a good time and if a person is good in starting a business then he have to start his business.
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September 22, 2016, 01:55:52 AM
 #646

I will just buy bitcoins and hold it longer, I think that is easy and safe. And then you just pray that bitcoin will continue to success so your money will increase.

HilbillyFred
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September 22, 2016, 09:00:39 AM
 #647

You can invest on altcoins, or gambling but it is very risky. We should be more cautious on investment, there are so many scams.

Gambling is a very bad investment unless you mean investing into the casino bankrolls themselves.
Cause bankrolls can give you a nice return cause the house always make profit but blank gambling is very risky its 51/49 that you lose it all.
salmanahmedone
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September 22, 2016, 02:46:36 PM
 #648

Invest the 20k into bitcoin and then you will see alot of money back in 5years I am expecting bitcoin to grow 5x the value in 5 years so that would mean 20k would be made 100k. and then you can invest in more different stuff with the 100k

Just keep in mind that you do not have to put the whole chunk into BTC or Crypto. There are plenty of places to invest and this world is just a part of the options.
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September 22, 2016, 02:55:45 PM
 #649

You can invest on altcoins, or gambling but it is very risky. We should be more cautious on investment, there are so many scams.

Gambling is a very bad investment unless you mean investing into the casino bankrolls themselves.
Cause bankrolls can give you a nice return cause the house always make profit but blank gambling is very risky its 51/49 that you lose it all.

I would like to see how much and how far a “staking account”, like at just-dice would net with a large chunk of at least $1000.  I played with it at the $100 level and after a week had about $2, which is not worth the trouble.
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September 22, 2016, 06:52:25 PM
 #650

I would put the full 20k into bitcoin and sit on those bitcoins waiting for that to turn into 200k+ if it gets that far.
It might not get that high but I'm sure it will book atleast 2x profit which means 20k to 40k in a few years which is not bad at all for doing nothing.

If you wait with that amount in bitcoin for the next year then you will be surprised to see your money at least doubled up. You have a nice idea if everyone come to the world of bitcoin with that much investment then the price of bitcoin will boost up within weeks.
Cast12
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September 24, 2016, 03:41:04 AM
 #651

I wouldn't recommend investing into cloudmining since there are a lot of scams out there. I would recommend that you either invest into altcoins or try to buy bitcoins low and sell them high(just like when trading altcoins).
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September 24, 2016, 06:11:42 AM
 #652

I wouldn't recommend investing into cloudmining since there are a lot of scams out there. I would recommend that you either invest into altcoins or try to buy bitcoins low and sell them high(just like when trading altcoins).

Cloudmining sites are just  total scam which they would  definitely ran  all of your money together   with all investors on their site.  $20k  money is no joke and we must   put it into a secure somehow  investment like  doing trading but  you should not think  its  totally safe since there still risk on lossing   all your money with this.

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September 24, 2016, 07:17:35 AM
 #653

Don't start  any mining because it is very unprofitable now, you will lose your money only. Better start trading, as with trading  you will earn more profit than mining

 
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September 24, 2016, 07:47:20 AM
 #654

the best investment use bitcoin
you can buy hadware mining altcoin and then self mining
you can learn trade, because trade is very fast growth money
Estonic
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October 02, 2016, 05:34:15 PM
 #655

the best investment use bitcoin
you can buy hadware mining altcoin and then self mining
you can learn trade, because trade is very fast growth money

If your electricity price is higher than $0.1/kWh, it is better not to mine as the difficulty is rising fast now.
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October 02, 2016, 06:00:39 PM
 #656

That's simple. But everything on a sportsbet on a 100% sure match and enjoy profits. 10-20% in one day is way enough I think.

richardsNY
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October 02, 2016, 08:11:32 PM
 #657

That's simple. But everything on a sportsbet on a 100% sure match and enjoy profits. 10-20% in one day is way enough I think.

It's actually not that simple since you can lose all you have even on bets that seem like very easy money makers. I remember whales that gamble with at least 100 BTC per time with dice on +90% chance bets. 5 or 6 times in a row they make 10% profit, and the bet after that, they lost the 100 BTC that they were playing with.
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October 02, 2016, 08:44:22 PM
 #658

With 20k you can do a lot but I think that investing is not the right thing to do right now better hold your money ready for an other moment.
I would honestly wait on a better lower price right now.

Holding money is not beneficial but if he put them in bitcoin and then hold them then he will be able to earn a good profit in the coming future and you are right that investing is not better but only investing in schemes if someone invest to start his own business then it is much better.
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October 02, 2016, 09:10:52 PM
 #659

That's simple. But everything on a sportsbet on a 100% sure match and enjoy profits. 10-20% in one day is way enough I think.

It's actually not that simple since you can lose all you have even on bets that seem like very easy money makers. I remember whales that gamble with at least 100 BTC per time with dice on +90% chance bets. 5 or 6 times in a row they make 10% profit, and the bet after that, they lost the 100 BTC that they were playing with.

Wow that's a lot! I really don't think that gambling sites are a good investment at all.
richardsNY
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October 02, 2016, 09:18:30 PM
 #660

That's simple. But everything on a sportsbet on a 100% sure match and enjoy profits. 10-20% in one day is way enough I think.

It's actually not that simple since you can lose all you have even on bets that seem like very easy money makers. I remember whales that gamble with at least 100 BTC per time with dice on +90% chance bets. 5 or 6 times in a row they make 10% profit, and the bet after that, they lost the 100 BTC that they were playing with.

Wow that's a lot! I really don't think that gambling sites are a good investment at all.

It's indeed an impressive amount. But gambling isn't, and should never be treated as an investment. I have seen a lot people say "I found a great method that is working". That's pure nonsense. It works till you lose, and then it's suddenly not a working method anymore. It's shocking how dumb certain people can be.
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