ernusfs
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Activity: 43
Merit: 0
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December 22, 2016, 08:14:47 PM |
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So where should we invest bitcoin to actually earn some profit and increase the amount of bitcoin we own, is there any legit place?
I mean cloud mining is a scam but there must be something else we can actually do right?
I will suggest you venture into trading or hold on to the coins you own at the moment, buy more if you can and then hope for the consistent rise and sell back for $ when it begins to decline and make profit while you stay alert for the decline until it becomes stable again and then you go buy your coins back, this time at a cheaper price. Hope you get my drift?? Totally agree there is when we can pass usd, eur, etc ... |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Superzpay
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December 22, 2016, 08:36:06 PM |
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Well the best way to invest your bitcoin is in real life like withdraw what you have and buy things like miner. You could also make a gambling site that most likely to earn lots of bitcoin than losing. But since we are talking about investing then there be always a risk that may lead you to losing what you've invested. So atleast be prepared on what will happen.
If someone will plan better before investing and will invest in those businesses about which the investor will have knowledge and in which he will have skills so that will not be considered as a risky investment and if he work hard for that work where he will invest then he will get a good profit. |
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jossiel
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December 22, 2016, 11:31:35 PM |
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Now seeing the highly increasing bitcoin price, my suggestion to you is better you keep your Bitcoins in your wallet itself.It is not advisable to say invest your bitcoins in any Altcoin for trading as the price of all the Altcoins are falling.
Totally agree BTC is one of the only altcoin that rises Exactly, that's why holding now is the best thing to do for those people who are looking for a better place for investing their bitcoins. And we just need to be more patient as the price is going to be better enough before and after the end of the year. More patience in holding, more profit simple as that. |
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boyptc
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December 23, 2016, 01:04:50 AM |
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Best invest in on your hand now, Keep this for long-term. And you will got it  How long a user must hold bitcoin them to make a profit? I think the current benchmark for a profit not hold in the long term, because it could be the next 2 years the price could be lower than now, the most important is that users can take advantage of opportunities as well maybe when prices rise,, It depends on how long you think that investing in bitcoin for a long time will make you profitable. But if you are that eager to hold bitcoin for a longer time 5-10 years is already enough to be called as a long term investment. And don't just depend on a single investment so while holding take the chance that you can invest also in bankroll casino's while trading too. I do not know if you still can say someone is holding if they trade their Bitcoin or invest them to bankroll Casinos. Sure, your money is in the Bitcoin world, but i would not consider this holding. However holding for a long time is not a bad idea, since we might se the price go up over time, even if the price is to high right now and maybe we will see a 2 year long downfall again. That is not holding if they did invested their bitcoins to the bankroll casino's for their bitcoins will be now connected to the whole global investment or bankroll of that site so if the earns you will earn but if they are losing, you will also lose also. As there are players who are luckily winning big amount and there are some who are wagering a lot of btc's either. |
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shamzblueworld (OP)
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December 23, 2016, 05:22:41 AM |
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So where should we invest bitcoin to actually earn some profit and increase the amount of bitcoin we own, is there any legit place?
I mean cloud mining is a scam but there must be something else we can actually do right?
If you do not know where to invest your money than do not ask from others because you may get some good advises and bad advises as well and if you use any bad advice than you may loose your current money in you hand. It is better save your money and invest that in bank. I agree then before investment great care must be taken but invest in banks? bitcoin? Don't it go exactly against the benefits of bitcoin? And secondly there are no such banks in our part of the world which accept bitcoin. |
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dihari
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December 23, 2016, 05:28:41 AM |
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One of the best investment way for bitcoin is just trade your btc. Trading have a good chance to make your money grow.
Of course trading need skill that we can learn from books or internet.
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BlokF4No27
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December 23, 2016, 06:30:53 AM |
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I suggest investing in a bitcoin lending site such as btcjam, this is because in btcjam we can get up to 5% interest per month.
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drwtsn32
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December 23, 2016, 06:35:12 AM |
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I suggest investing in a bitcoin lending site such as btcjam, this is because in btcjam we can get up to 5% interest per month.
Lending sites sometimes can be waste of time. Some people there tend to scam the lenders. So always make sure that you lend money to the trusted ones like in the B class and higher. |
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Positid
Sr. Member
Offline
Activity: 378
Merit: 250
BULL RUN until 2030
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December 23, 2016, 07:56:13 AM |
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I suggest investing in a bitcoin lending site such as btcjam, this is because in btcjam we can get up to 5% interest per month.
Lending sites sometimes can be waste of time. Some people there tend to scam the lenders. So always make sure that you lend money to the trusted ones like in the B class and higher. They will not scam you if you will not allow them, you are making the decision whether you will lend them money or not, so it's your job to conduct proper investigation of a person you are planning to lend money, you have all the rights and it's your job to manage the risk. |
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sabbirshm
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December 23, 2016, 08:20:33 AM |
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One of the best investment way for bitcoin is just trade your btc. Trading have a good chance to make your money grow.
Of course trading need skill that we can learn from books or internet.
Trading is one of the best investment in bitcoin.You can earn good amount in short time through bitcoin.You just need to have some skills like market knowledge, experience etc.Many websites teach user how to trading.We can also learn trading by watching youtube videos. |
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Dammitt
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December 23, 2016, 09:16:32 AM |
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Need to be considered before the General what you have to do without forward them as a good research has to be done. First of all one must keep away from the ponzi or betting.
Steps to be taken should be considered and should be submitted in a way as far as I'm concerned there may be a more logical choice to prefer Altcoin.
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lienfaye
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December 23, 2016, 12:23:26 PM |
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One of the best investment way for bitcoin is just trade your btc. Trading have a good chance to make your money grow.
Of course trading need skill that we can learn from books or internet.
I agree, its better to be a trader than invest your btc in ponzi sites. but learn first how to do it right because trading is also risky. |
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ernusfs
Newbie
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Activity: 43
Merit: 0
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December 23, 2016, 12:52:26 PM |
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BTC is closer to 1000 $, to overcome before 2017
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m1ph24
Newbie
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Activity: 6
Merit: 0
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December 23, 2016, 04:32:34 PM |
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BTCJam!~ Trustable site.  |
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dothebeats
Legendary
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Activity: 3640
Merit: 1352
Cashback 15%
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December 23, 2016, 05:43:16 PM |
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Right now, I do not recommend buying bitcoins and looking to invest on it since it's on a crazy inorganic price growth right now, and after the said pump it might leave most buyers at the top burned and cursing bitcoins. Well if you have bitcoins as of this moment then you don't really need to look for some place to invest it since bitcoin per se is already a great investment vehicle. You just need to have a lot of patience, my dear friend and try not to be greedy to avoid losing money in the process.
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crazyivan
Legendary
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Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
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December 23, 2016, 06:56:11 PM |
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Right now, I do not recommend buying bitcoins and looking to invest on it since it's on a crazy inorganic price growth right now, and after the said pump it might leave most buyers at the top burned and cursing bitcoins. Well if you have bitcoins as of this moment then you don't really need to look for some place to invest it since bitcoin per se is already a great investment vehicle. You just need to have a lot of patience, my dear friend and try not to be greedy to avoid losing money in the process.
Yes, I expect BTC to grow bit by bit, constantly grow in the long run but this is too much and too fast. After each fast pump, there s also fast and strong dump. Make sure u understand how things work in crypto world before you decide to invest. |
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whizter
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December 23, 2016, 10:56:52 PM |
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One of the best investment way for bitcoin is just trade your btc. Trading have a good chance to make your money grow.
Of course trading need skill that we can learn from books or internet.
currently my idea is that holding bitcoin for price increase is the best option, you do not need to invest your BTC anywhere, as the price of bitcoin is increasing more and more therefore simply holding it can also give you a good profit. |
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wildworld
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December 24, 2016, 12:08:12 AM |
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Do not touch your bitcoin, keep them safe for a few years.
A good advice :-)
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tusziget
Newbie
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Activity: 28
Merit: 0
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December 24, 2016, 03:35:57 PM |
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I think is better not to invest your Bitcoins.Keep them in your wallet,their price will rise more in the future...Already Bitcoin value has risen a lot in the past several months.If you have enough experience you can trade the Bitcoins or a small part of it.You have to study although first the trading situation carefully too...
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Fatanut
Legendary
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Activity: 1008
Merit: 1059
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December 24, 2016, 06:04:12 PM |
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Do not touch your bitcoin, keep them safe for a few years.
A good advice :-)
As time passes by, that strategy has becoming more and more a rule of thumb. "Hold your bitcoins for years and you'll see profit." Satoshi told us that after a couple of years, bitcoin would either have massive volume or have no volume at all. If the latter happens, then all of us are going to be devastated unless we convert early. I think that's only a good advice to people that are too busy to look at the bitcoin charts, study it, buy when the price is low and then sell when the price is high. That's a good advice for people that are willing to wait for years or decades and wouldn't do panic selling when they see the price of bitcoin is decreasing dramatically than expected. |
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