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Author Topic: Where to Invest BTC?  (Read 144013 times)
shamzblueworld (OP)
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August 19, 2016, 01:20:06 PM
 #1

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?
Lauda
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August 19, 2016, 01:24:39 PM
 #2

Think about what you're doing here: You're asking random people on the internet where to put your money. Generally, there are no 'safe-bets' and one should stay away from ponzi's, cloud mining (as stated by you) and  similar. You're better of reading up on general investing than reading the replies that you will receive here. Most of the suggestions are going to be very useless or backfire on you. You can always play around in the altcoin game if you can afford to lose some coin (you may end up profiting a lot though).

There are also a few threads of similar type, ergo you can look around this section and Begginers & Help. Additionally, you can use the search function.

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Denker
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August 19, 2016, 01:35:05 PM
 #3

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?

We do you want lend out your bitcoins?
Bitcoin itself is the investment and that should be enough risk imo.
All those lending platforms and services are often used by thiefs and scammers.
Hold your coins in a safe wallet and have a big smile in your face in about 3-5 years! Wink
bilabonic
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August 19, 2016, 01:39:33 PM
 #4

I have made a good profit on BTCJam.

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klf
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August 19, 2016, 01:44:37 PM
 #5

I have made a good profit on BTCJam.

As for as, I know in BTCjam plenty of people who borrow money will not return so I suggest don't use this site for the lending purpose. Any site you lend money without any proper collaterals, then you will end up in a lose instead making a profit. So don't ever lend anyone without proper collateral.

If you can take some risks then you can consider investing in few well-trusted casino sites bankroll, surely you will make profits over the time but remember to diversify your investments to avoid significant losses.
stiffbud
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August 19, 2016, 01:47:02 PM
 #6

I have made a good profit on BTCJam.
I wouldn't recommend btcjam (the scammers paradise) to someone who wants to earn profit with even a small amount of money.
People tends to default on lending sites like that.
If you want to invest , start a lendin thread here. Ask a collateral and secure the loan. Never give your money to anyone or anything if there is no asurance that you can get profit or get your whole money back.

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BTCLovingDude
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August 19, 2016, 01:59:57 PM
 #7

Think about what you're doing here: You're asking random people on the internet where to put your money. ...

actually i think asking other people for advice is a good thing, because it is like brainstorming and also it is a good way of using other people's experiences.
but you have to be careful about the replies you get. there is always bad suggestions along with good ones. so you have to consider all bad until proven otherwise.

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Wipro
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August 19, 2016, 02:03:45 PM
 #8

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?

Yeah could mining is full of scamming and try invest you money in bitcoin and take to your business with bitcoin.
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August 19, 2016, 02:06:51 PM
 #9

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?

Apart from trading, there is very little that you can do to multiply your bitcoins. And even in trading, you should still be very cautious and wary because your precious bitcoins can be stolen by the exchange itself. Maybe, you could start a business or service.
stromma44
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August 19, 2016, 02:08:55 PM
 #10

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?

Apart from trading, there is very little that you can do to multiply your bitcoins. And even in trading, you should still be very cautious and wary because your precious bitcoins can be stolen by an exchange itself. Maybe, you could start a business or a service
At a moment Poloniex is the best site for trading as I am trading there since long time and I never faced any issue till date, but yes there is no guarantee that it will survive forever.
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August 19, 2016, 02:15:06 PM
 #11

you better make their own investment. you can trade altcoin. Never store investment in Ponzi. You will regret it if ponzi know !!!
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August 19, 2016, 02:16:31 PM
 #12

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?
Maybe if you want to touch on the previous topic in this forum in various section and wanna to excavate it, I think you will always getting a lot of information is very useful for you to choose your legit site, but for this time I never think there are a legit investment site, that has just become insignificant addition for luring the bitcoiners, I think a lot of people in here will suggest about another way rather than choosing to investment into legit site(you called it) like trading until trying on lending site but i never prefer about lending site because that is very risky.

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tee-rex
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August 19, 2016, 02:16:49 PM
Last edit: September 14, 2016, 09:06:08 AM by tee-rex
 #13

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?

Apart from trading, there is very little that you can do to multiply your bitcoins. And even in trading, you should still be very cautious and wary because your precious bitcoins can be stolen by an exchange itself. Maybe, you could start a business or a service
At a moment Poloniex is the best site for trading as I am trading there since long time and I never faced any issue till date, but yes there is no guarantee that it will survive forever.

Poloniex had issues with security in the past. Some sly user managed to withdraw his funds several times, that was lame on the exchange part. After that they evenly distributed the loss among all their clients as if the clients had been guilty in the theft. Doesn't look quite professional, does it? We don't know what other holes may also be there.
johnnyyash
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August 19, 2016, 02:17:03 PM
 #14

I will suggest site that does with mining and cloud mining...but its has to be a good site and not a scam...you can also try some site that you win up btc.
BilalHIMITE
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August 19, 2016, 02:23:31 PM
 #15

I'll give you an advice:

You better not invest bitcoin because of all the scams on the internet.

But, it's up to you ... Invest at you own risk.


StarofBTC
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August 19, 2016, 02:38:23 PM
 #16

I don't want to repeat the same thing again and again. which posted thousands of time by others too.
the truth will not be changed. investment without doing work is not good. if you think you'll invest your  money and then will get profit by setting up and chilling down, then you are wrong.

I can only suggest you start your blog, or site, you can at least earn some money through that. but it needs works too.
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August 19, 2016, 02:41:34 PM
 #17

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?
Avoiding some site is giving an advice by the senior member,like site with high chance become a scam or there is a scammer in there, like Cloudmining site , lending site and etc. but maybe for the some people is believe until this time is still alive good cloud mining site for invest your amount, but that is just the another people's say. trading become one of the legit sites you can put your money in there but every legit place is not forever become a legit site anytime they can get the something is an impact for their site and changing the people's intention to become a scam. maybe there is no guarantee for you for choosing the legit site, I don't say there is no a legit site but just believe there are a site is having a high chance for you to believe your amount into them. but keep always being careful with your amount. legit site just a rumor.
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August 19, 2016, 02:47:26 PM
 #18

I don't want to repeat the same thing again and again. which posted thousands of time by others too.
the truth will not be changed. investment without doing work is not good. if you think you'll invest your  money and then will get profit by setting up and chilling down, then you are wrong.

I can only suggest you start your blog, or site, you can at least earn some money through that. but it needs works too.


Yeah I agree your view investment should be in self business is right way I guess.

pinkpanther03
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August 19, 2016, 03:46:50 PM
 #19

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?

Apart from trading, there is very little that you can do to multiply your bitcoins. And even in trading, you should still be very cautious and wary because your precious bitcoins can be stolen by the exchange itself. Maybe, you could start a business or service.

In this things are right, every time you enter in any exchange platform you must be wise and sensitive  for you to avoid a victim of scammer , always check a potential altcoin were you going to invest in dude!
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August 19, 2016, 03:48:36 PM
 #20

If you think long-term invest you can take a look rise only markets... However, you can only sell a little amount of money at a time in these markets.
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