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Author Topic: Putting 10 BTC to good use  (Read 8140 times)
metalbean (OP)
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October 16, 2016, 05:09:04 AM
 #1

Will be achieving ~10 BTC in a few weeks, all bought from an exchange.

Instead of letting the coins lying around, am considering to make some investments, currently in the back of my head there are a few "genres" :

1. P2P lending. E.g.:BTCJam and bitlendingclub.
2. Goods purchase. E.g.:purse.io
3. Funding E.g.: bnktofuture
Of the three I have the biggest faith in investing in professional funding aka ICO

My question being

1. Is there any other solid non "quick money" which I can put my BTC to use
2. What other reputable ICO investment is there for my minute amount of BTC to invest

Thanks guys!
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October 16, 2016, 05:23:40 AM
 #2

Will be achieving ~10 BTC in a few weeks, all bought from an exchange.

Instead of letting the coins lying around, am considering to make some investments, currently in the back of my head there are a few "genres" :

1. P2P lending. E.g.:BTCJam and bitlendingclub.
2. Goods purchase. E.g.:purse.io
3. Funding E.g.: bnktofuture
Of the three I have the biggest faith in investing in professional funding aka ICO

My question being

1. Is there any other solid non "quick money" which I can put my BTC to use
2. What other reputable ICO investment is there for my minute amount of BTC to invest

Thanks guys!

Well.. Basiccaly before make investing on there, are you ready for loss 10 BTC on instrument of investments? Because what will You doing is high risk, you must calculate it. In my opinion you must try making investment that suitable for you, because it will be runed by your self of course with small amount of capital.
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October 16, 2016, 06:39:36 AM
 #3

Lending, besides margin lending, WILL NOT work. BTCjam and Bitlendingclub re full of scammers and these websites are unable to provide any kind of protection for your loans. Even if you re very, very careful, you ll end up having 20% non performing loans which means big time loss.

Margin lending s great but it is much less profitable. Personally, I differentiate my investment into 5 to 10 smaller revenue streams, they do not generate much but crypto s a very hard to make money recently unless you re lucky with trading.

DMD Diamond s a PoS coin I ve invested almost 2 years ago, it has brought me nothing but profit, they also have an investment in the house option. Big time honest people and the only thing I can actually recommend.

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
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October 16, 2016, 10:09:24 AM
 #4

You can try investing in gambling websites, like https://www.crypto-games.net and earn a share of house profits. Just keep in mind if player wins, investors loses and vice versa.
Currently over 1100 BTC invested.

Official topic: https://bitcointalk.org/index.php?topic=750760.0;all

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October 16, 2016, 10:33:48 AM
 #5

Will be achieving ~10 BTC in a few weeks, all bought from an exchange.

Instead of letting the coins lying around, am considering to make some investments, currently in the back of my head there are a few "genres" :

1. P2P lending. E.g.:BTCJam and bitlendingclub.
2. Goods purchase. E.g.:purse.io
3. Funding E.g.: bnktofuture
Of the three I have the biggest faith in investing in professional funding aka ICO

My question being

1. Is there any other solid non "quick money" which I can put my BTC to use
2. What other reputable ICO investment is there for my minute amount of BTC to invest

Thanks guys!

There are many good ICOs that you may consider to invest in like KOMODO,Incent,Decent etc.
Make your research and invest.Do not put all your coin in just one ICO

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October 16, 2016, 11:59:25 AM
 #6

I strongly discourage P2P lending. Check out my post: https://bitcointalk.org/index.php?topic=1625932.0

13Sk3gsQ1ogrzmyt3xMVvByxcUvZr98kKN
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October 16, 2016, 12:25:10 PM
 #7

You can try investing in gambling websites, like https://www.crypto-games.net and earn a share of house profits. Just keep in mind if player wins, investors loses and vice versa.
Currently over 1100 BTC invested.

Official topic: https://bitcointalk.org/index.php?topic=750760.0;all

so that mean our money can lost and not coming back ?
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October 16, 2016, 05:24:27 PM
 #8

I too to suggest to invest in gambling sites' bank roll. But, you need to do intense research on their reputation. Select ICOs are good, but it is slightly tougher than investing in gambling partnership as you need to check more number of new alt coins for their concepts and roadmap.
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October 16, 2016, 05:47:01 PM
 #9

OP I mean no offense,  but I think you're retardified for even thinking of doing any of the super-risky things you mentioned.   Man, if you have 10 bitcoin, just save it.  Bitcoin is a way of investing fiat and you don't need to invest it further.   This has been discussed over and over here.  But in any case, props to you for accumulating so much.

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October 16, 2016, 06:01:54 PM
 #10

You can buy stuff on the internet and resell it on your city or country...

For me the only good use for 10 BTCs would be to let it safe and quiet in the wallet waiting its price go up.
Online investiments, further if it's about BTC, better to don't risk your money, because the risk to lose is high, there are not many guarantees here.

 
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October 16, 2016, 06:11:43 PM
 #11

Divide it to 5 pieces and invest every piece in a different dice website. You can reduce the risk of getting scammed this way. Dice websites are making shitloads of money. Check their profits before you invest.

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October 16, 2016, 07:26:06 PM
 #12

Will be achieving ~10 BTC in a few weeks, all bought from an exchange.

Instead of letting the coins lying around, am considering to make some investments, currently in the back of my head there are a few "genres" :

1. P2P lending. E.g.:BTCJam and bitlendingclub.
2. Goods purchase. E.g.:purse.io
3. Funding E.g.: bnktofuture
Of the three I have the biggest faith in investing in professional funding aka ICO

My question being

1. Is there any other solid non "quick money" which I can put my BTC to use
2. What other reputable ICO investment is there for my minute amount of BTC to invest

Thanks guys!


Well that's really a handsome amount of money , but I have got some realtime investment plans . If you want to put the money in goods and purchase then I would say you should buy some gold and resell it later as gold is the metal which has a hike in price in few years .
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October 16, 2016, 08:00:38 PM
 #13

I do not know what to advise.
Now many people will invest in "KOMODO"

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October 17, 2016, 03:06:06 PM
 #14

Just hold your coins is the only decent option.

1. P2P always loses money and is full of scammers
2. Not sure how you profit that way, but it might be possible?
3. Funding/ICO/Securities are all gambles and most of the time you loose... The only ones making profits are the ones selling...
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October 17, 2016, 04:02:36 PM
 #15

2. Goods purchase. E.g.:purse.io

Actually not a terrible idea, tell your friends to let you know when they want something on Amazon. Buy it for them, and get them to pay you in cash. Split the savings with them 50-50, or something Cheesy

Check out gamblingsitefinder.com for a decent list/rankings of crypto casinos. Note: I have no affiliation or interest in it, and don't even agree with all the rankings ... but it's the only uncorrupted review site I'm aware of.
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October 17, 2016, 10:10:25 PM
 #16

so that mean our money can lost and not coming back ?
Obviously. You can't expect the gambling site to cover losses, because they wouldn't accept investments in the first place if they could afford it, and it would reduce their profits a lot. Site like Crypto-Games.net have a max bet of 0.5% of the bankroll, which means you can lose 0.5% of your investment max at a time.
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October 18, 2016, 02:15:44 AM
 #17

I would invest a few BTC in a bankroll for a dice site, with the house edge they are pretty much always profitable but don't put all 10 btc there that is too much risk in case the site goes down or gets hacked.  I would do maybe 1 or 2 btc in a dice site's bankroll
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October 18, 2016, 04:21:24 AM
 #18

Another decent advise is margin lending, Polo offers it and Bitfinex offers it. You cannot lose money there unless the site goes offline. So there s always some form of risk inside crypto world.

For security, your account has been locked. Email acctcomp15@theymos.e4ward.com
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October 18, 2016, 04:27:51 AM
Last edit: October 18, 2016, 04:48:34 AM by clickerz
 #19

Lending, besides margin lending, WILL NOT work. BTCjam and Bitlendingclub re full of scammers and these websites are unable to provide any kind of protection for your loans. Even if you re very, very careful, you ll end up having 20% non performing loans which means big time loss.

Margin lending s great but it is much less profitable. Personally, I differentiate my investment into 5 to 10 smaller revenue streams, they do not generate much but crypto s a very hard to make money recently unless you re lucky with trading.

DMD Diamond s a PoS coin I ve invested almost 2 years ago, it has brought me nothing but profit, they also have an investment in the house option. Big time honest people and the only thing I can actually recommend.

I agree with you here as there are scammers or those who didn't pay their loans. I dont know how much the payback rate of these  P2P lending sites. I have an account in BTC jam but still I am cautous to start lending my BTC. I have my BTC being loaned in POLO Margin trading,so far its good and it is  earning returns. Wink

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October 18, 2016, 12:48:41 PM
 #20

I strongly discourage P2P lending. Check out my post: https://bitcointalk.org/index.php?topic=1625932.0

P2P lending works well only if you lend money with a proper collateral. If you just lend based on some trust feedbacks from any site then mostly likely you will lose money in the long term. So don't ever lend money without any proper collateral. BTCjam got many scammer and many people already reported that so don't invest money in that site instead put your money on some good casino bankrolls.
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