quellos (OP)
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October 27, 2016, 07:40:56 AM |
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Say you had as an example 50k usd in bitcoin, how would you invest it in a serious way to grow your wealth long term? Would you hold in coins, P2P lending etc or rather would you cash it and buy company shares or something?
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altcoinhosting
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October 27, 2016, 07:43:56 AM |
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Say you had as an example 50k usd in bitcoin, how would you invest it in a serious way to grow your wealth long term? Would you hold in coins, P2P lending etc or rather would you cash it and buy company shares or something?
I can only speak for myself, but at the moment, i would hold the bitcoin itself... I seriously hope the current price increase isn't losing momentum... About the other options: trading and holding altcoins is rather profitable if you know what you're doing AND if you're lucky. I've tried P2P lending and had a net loss of over 30%. Cashing out and investing in shares is offcourse allways possible but has little to do with bitcoin.
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thepo1m
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October 27, 2016, 08:03:55 AM |
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I think, Bitcoin itself is an investment, this year alone it has increased by more than 50% and still has a long way to go, if I were you I would divide my holdings into 40% to 60% ratio and put the 40% into Bitcoin lending on exchanges and hold the remaining in my wallet, though lending on exchanges come with high risk but I will still prefer to earn something from my BTC holding
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jacktheking
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October 27, 2016, 08:04:11 AM |
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If I have 50K USD in Bitcoin, why would I want to sell my Bitcoin? What I am trying to say is that why would I purchase 50K USD worth of Bitcoin in the first place when I do not plan to invest them? One logical answer would be that I mine these Bitcoin during its early days.
Well, if I purchase those Bitcoin I will not invest all of them at once. I will hold a little portion of it and invest the other portion. Probably around 30K USD to create a gambling site (provided my country allows - which is not the case for me) because it is a very profitable niche in the cryptocurrency world. As I said I am not allowed to create gambling site, so my next option will be mining as it is still somewhat profitable. Wait, my country electricity fees is very high, my profit from mining is as low as dust every month ... Then I might consider to hold these Bitcoin and wait for the price to grow.
If I mined those 50K USD worth of Bitcoin then I may exchange a large portion to fiat and then start a mining farm. The left over might go into some small online business such as eShop etc.
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So sad! This profile does not appear as the #1 result (on anonymous) Google searches anymore.
Time to be active on the crypto forums again? Proud to be one of the few Legendary members of the Sparkie Red Dot!
Gonna put this on my resume if I ever join a cryptocurrency/blockchain industry!
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pedrog
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October 27, 2016, 08:04:35 AM |
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Holding bitcoin long term is your best bet if you don't wanna investigate all those new projects out there, plus there's always the chance they fail and you lose your money. Check the following website if you want some serious stats about this: http://woobull.com/
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arransiv
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October 27, 2016, 08:05:00 AM |
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Try to invest this money in diferent services... Don't put everything just on one thing, for example, if you had all your money on bitfinex, well, you lose 40%(don't remember the exactly value)
Try casinos bankrolls, exchanges, lending, and things like that, maybe you can earn 2% with a passive income. Well, it have riskys, of course.
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quellos (OP)
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October 27, 2016, 08:37:22 AM |
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If I have 50K USD in Bitcoin, why would I want to sell my Bitcoin? What I am trying to say is that why would I purchase 50K USD worth of Bitcoin in the first place when I do not plan to invest them? One logical answer would be that I mine these Bitcoin during its early days.
Well, if I purchase those Bitcoin I will not invest all of them at once. I will hold a little portion of it and invest the other portion. Probably around 30K USD to create a gambling site (provided my country allows - which is not the case for me) because it is a very profitable niche in the cryptocurrency world. As I said I am not allowed to create gambling site, so my next option will be mining as it is still somewhat profitable. Wait, my country electricity fees is very high, my profit from mining is as low as dust every month ... Then I might consider to hold these Bitcoin and wait for the price to grow.
If I mined those 50K USD worth of Bitcoin then I may exchange a large portion to fiat and then start a mining farm. The left over might go into some small online business such as eShop etc.
Can you make a solid return with a mining farm, like 10%+ return?
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MaddestScientist
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October 27, 2016, 09:11:29 AM |
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I will put large portion of it in trading altcoins.
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traderethereum
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October 27, 2016, 09:39:50 AM |
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Say you had as an example 50k usd in bitcoin, how would you invest it in a serious way to grow your wealth long term? Would you hold in coins, P2P lending etc or rather would you cash it and buy company shares or something?
i think i will hold for 30k, 20k for trading in many places maybe for btc pair altcoin, btc pair usd. i love and want to try to buy company shares if i am sure that i can make profit in short and middle term but i think invest in bitcoin is a good investment too.
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Adamsmit556
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October 27, 2016, 09:47:00 AM |
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I would hold on 60% of the amount, invest 30% into trading, 10% into altcoins. 50k holdings on bitcoin would be damn sweet.
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Junko
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October 27, 2016, 10:17:15 AM |
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If it were me, I would just hodl 95% of it and gamble the rest while biding my time. That's essentially what I do now with the amount of bitcoin I currently own. Like I said, that's just me.
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Robertqueen2
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October 27, 2016, 10:22:29 AM |
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Say you had as an example 50k usd in bitcoin, how would you invest it in a serious way to grow your wealth long term? Would you hold in coins, P2P lending etc or rather would you cash it and buy company shares or something?
This is my biggest concern, I always search for a good investment from which you can get stable income, but I haven't found legit site or service. Now there are two assets you may take weekly dividends from them, ICONOMI which is just started and no dividends until now, and vDice which will share the profit of the first decentralized dice game with vSlice holders, I have some ICN and will buy some vSlice to try this new kind of assets.
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CraigWrightBTC
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October 27, 2016, 10:30:04 AM |
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Say you had as an example 50k usd in bitcoin, how would you invest it in a serious way to grow your wealth long term? Would you hold in coins, P2P lending etc or rather would you cash it and buy company shares or something?
I will make investing into trading altcoins for 10k, 10k for reserve of capital trading altcoins and for 30k i will save it. Because will become bad idea if all of my bitcoins become capital for trading altcoins.
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avikz
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October 27, 2016, 10:37:34 AM |
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First of all, I would not invest a substantial amount of bitcoin in anywhere right now, because the time is not right. Bitcoin has not yet stopped its positive run and there is a lot more in bitcoin's kitty. It can go up to in any uncharted territory.
However, if there is no choice left, then I will try to withdraw my all bitcoin in my local currency and choose a traditional investment. Because I don't believe any company on my bitcoin. They may scam me anytime. So I will go for traditional investment so that my capital is secured.
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bamboylee
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October 27, 2016, 10:41:33 AM |
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Say you had as an example 50k usd in bitcoin, how would you invest it in a serious way to grow your wealth long term? Would you hold in coins, P2P lending etc or rather would you cash it and buy company shares or something?
Quite a substantial amount of money. I will not trust myself to handle or invest that amount of money. The safest maybe is to buy and hold bitcoin, sell when it has a bit of profit and repeat the process. If you can take risk, you can invest them on some gambling sites that accepts investor.
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Schuyler
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October 27, 2016, 10:51:37 AM |
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Even short or medium term holding can already give you a substantial amount. Remember last April, the price was still at the $400 levels. If you were able to buy during that time, you would have almost doubled your money in a span of six months. I bet it is hard to find another investment that gives that much return in such a short period of time.
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Ryananda
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October 27, 2016, 11:02:02 AM |
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Invest some trade bitcoin I think it is very had to try. It will greatly benefit all if we succeed. Besides it can try some investments with bitcoin, there are some places that reliable but should be more cautious because it is very vulnerable to a scam site.
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MJS_gold
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October 27, 2016, 11:12:24 AM |
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I see you are getting responses from folks who seem very committed to cryptocurrencies. If you are very certain that cryptocurrencies will outperform other asset classes during the time period before you may need this money (and that you won't get stuck holding the wrong cryptocurrency), then it is reasonable to keep it all in cryptocurrency. However, I'm not sure it is reasonable to be that certain. Here is an alternative investment strategy to consider:
10% stocks funds 10% bond funds 15% gold (and a little silver) 15% bitcoin (and perhaps a little alt-coins) 50% Federally insured investments (i.e., treasury bonds, CD's, savings accounts).
I consider this quite conservative. If you can wait 20 years to cash-in, Series EE savings bonds will yield a government-guaranteed 3.53% annual return; this is hard to beat on a risk-adjusted basis at this time.
If I were younger and more optimistic about the economy, I would double my stock exposure and reduce my government-guaranteed investments accordingly.
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jerowacik
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October 27, 2016, 11:12:55 AM |
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I invest in many places. one of the largest portion I was saving in the purchase altcoin. I trade by buying at low prices and then sell when the price is high. it is profitable.
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jtipt
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October 27, 2016, 11:15:59 AM |
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Say you had as an example 50k usd in bitcoin, how would you invest it in a serious way to grow your wealth long term? Would you hold in coins, P2P lending etc or rather would you cash it and buy company shares or something?
The thing is bitcoin itself is an investment, and at this point its probably better to hold bitcoin as for several months bitcoin has been stable so most likely it will rise or fall(hope not) in the coming months. The alternative to this is some well established alt coin, i wouldnt suggest to invest in new alt coins.
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